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Author Topic: Average gainer gambler  (Read 223 times)
Amuls (OP)
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January 06, 2022, 03:59:17 PM
 #1

In my locality maximum people are losser. A few people has  gained in gambling. But who has entered in gambling never give up actually. In anyhow they manage money and placed bet. Actually how many percent people overall gainer in gambling? Betting sites day by day gradually getting richer. The Owner of bet365 is one of the top richest person in England.
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January 06, 2022, 04:12:30 PM
 #2

In my locality maximum people are losser. A few people has  gained in gambling. But who has entered in gambling never give up actually. In anyhow they manage money and placed bet. Actually how many percent people overall gainer in gambling? Betting sites day by day gradually getting richer. The Owner of bet365 is one of the top richest person in England.

And that is the very definition of "gambling', you put money on certain games or sports, and you either win or lose. We really don't have the numbers of how many did really win, but it is obvious that as you have said, operator of offline and online casino are getting richer, meaning more and more people are getting addicted and losing on their platform. And that alone is the statistics that you are looking for, probably less that 10% (or even lower) are really winning in gambling.

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January 06, 2022, 04:16:23 PM
 #3

In my locality maximum people are losser. A few people has  gained in gambling. But who has entered in gambling never give up actually. In anyhow they manage money and placed bet. Actually how many percent people overall gainer in gambling? Betting sites day by day gradually getting richer. The Owner of bet365 is one of the top richest person in England.

Gambling creates the illusion that you are actually gaining but at some point, it always come to a point that the house will always win.
I've seen a lot of players that keeps on gambling and eventually win, I guess it all depends on your luck if you'll be in the winning or losing side.
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January 06, 2022, 04:45:50 PM
 #4

In my locality maximum people are losser. A few people has  gained in gambling. But who has entered in gambling never give up actually. In anyhow they manage money and placed bet. Actually how many percent people overall gainer in gambling? Betting sites day by day gradually getting richer. The Owner of bet365 is one of the top richest person in England.
To come up with the conclusion, most of the gamblers are broke whilst the gambling operators are the the one getting richer everytime these gamblers using their platforms. I wouldn't be surprised if they get richer when those crypto they accept actually gain an increase in value in the coming years to come.

I think most of the locality where the gambling industry flourish most of its gambling citizens are broke and I think that's clearly a fact if you asked me. If you're asking about the percentage of overall gains of winners I'd say only 10% below.

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January 06, 2022, 04:52:43 PM
 #5

I once read an article whose source came from the Wall Street Journal and Bettingtop10, in that article if I'm not mistaken they say that of the many gamblers who play at casinos both online and offline, the winning percentage is only around 10% and the highest is only around 17%, from these statistics I conclude that so far the casino has always won 83% of gambling, so even though there are gamblers who win in the game, I don't think it's only less than 1% of the money they get from casino, besides that in the article it is stated that 2 % of gamblers who play will generate 50% of the revenue for the casino and 10.7% of gamblers who play will contribute 80% of the revenue of the casino, so it's very clear that casinos are actually one of the most profitable businesses today and are unlikely if the casino owners would suffer a loss so far.

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January 06, 2022, 05:08:44 PM
 #6

In my locality maximum people are losser. A few people has  gained in gambling. But who has entered in gambling never give up actually. In anyhow they manage money and placed bet. Actually how many percent people overall gainer in gambling? Betting sites day by day gradually getting richer. The Owner of bet365 is one of the top richest person in England.

Well this is the exact reason why there are so many casinos both physical and online locations. Take a look at all of the physical casino locations, most oft then are huge beautiful building with extravagant amenities. This is also one of the reasons it’s so addicting, it’s hard to win but when you do it’s such a great feeling. If you aren’t any good at gambling you probably shouldn’t be. 

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January 06, 2022, 05:10:26 PM
 #7

In my locality maximum people are losser. A few people has  gained in gambling. But who has entered in gambling never give up actually. In anyhow they manage money and placed bet. Actually how many percent people overall gainer in gambling? Betting sites day by day gradually getting richer. The Owner of bet365 is one of the top richest person in England.

I am sure people in your area are gambling to becone rich. That's when Greed becomes a factor which further encourages you to place more bets even after loosing. I have seen couple of addicted gamblers in my life and while speaking to them I have sensed extreme greed for money. That's when it leads to addiction to be honest.

Also, gambling houses are not charity organizations. They are a business entity which exists for one reason - to make money! So there's no harm in it that they are getting richer. Unless you are extremely lucky, you can't make a big profit out from gambling.

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January 06, 2022, 05:55:23 PM
 #8

In my locality maximum people are losser. A few people has  gained in gambling. But who has entered in gambling never give up actually. In anyhow they manage money and placed bet. Actually how many percent people overall gainer in gambling? Betting sites day by day gradually getting richer. The Owner of bet365 is one of the top richest person in England.

I honestly don't know about anyone who have actually gained something in Gambling, there are people with wins every once in a while but there are literally none with consistent gains which inturns brings me to my conclusion that it's only a gain for people who are investors or the people who own a gambling business. Most of the casinos are flourishing right now because of the COVID, the government is finding it easier to get taxes from there as well. There are countries legalizing crypto gambling sites just for revenues !! So I do think right now is an amazing time to own a crypto casino or invest in one.
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January 06, 2022, 07:16:22 PM
 #9

In my locality maximum people are losser. A few people has  gained in gambling. But who has entered in gambling never give up actually. In anyhow they manage money and placed bet. Actually how many percent people overall gainer in gambling? Betting sites day by day gradually getting richer. The Owner of bet365 is one of the top richest person in England.

It seems so simple when you look at it the proper way. Gambling companies are a business, at a bare minimum they have costs involved - staff, servers, security, design & development costs, etc. That means that a customer must be paying for those things by way of a commission to "the house", aka the company behind the operation. On top of that, while you might like to think they are an all benevolent charity giving out money to all the people who sit around clicking graphics and listening to exciting sounds, they are in fact trying to make a profit. If you've been paying attention to the stocks of gambling companies in the last couple years during Covid, they have been making a hell of a lot of those profits and those profits all come from losing customers. There is no long term winning strategy in such an environment - if you do find a way to beat them, they will shut that avenue down fast.

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January 06, 2022, 07:23:02 PM
 #10

In my locality maximum people are losser. A few people has  gained in gambling. But who has entered in gambling never give up actually. In anyhow they manage money and placed bet. Actually how many percent people overall gainer in gambling? Betting sites day by day gradually getting richer. The Owner of bet365 is one of the top richest person in England.

There is only two ways to win against the house in the long run.

1- Cheat.
2- Arbitrage&Value Betting which is also considered cheating.

The sooner you understand that gambling is not a job (for the player), the better it is. The owner of Bet365 is rich because he owns one of the biggest casinos out there. He is rich because his customers are losing money. That's how gambling works.

You don't like how players lose money? You can always start your own casino and try to be on the winning side. Nobody's stopping you.


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January 06, 2022, 07:23:08 PM
 #11

The reality is that few people make money in the gambling world and even those few people end up with losses, gambling was not made for profits, it was just made for people to have fun, at least that is my understanding. if we do research on the internet we can easily see that there are not many people who have won a lot of money with gambling and who in the end have not lost everything, let's look at the cases of people who play lottery, they manage to win and have millions and lose all after

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January 06, 2022, 07:31:56 PM
 #12

In my locality maximum people are losser. A few people has  gained in gambling. But who has entered in gambling never give up actually. In anyhow they manage money and placed bet. Actually how many percent people overall gainer in gambling? Betting sites day by day gradually getting richer. The Owner of bet365 is one of the top richest person in England.
Gambling is a very profitable business thats why its normal that they would really be having those kind of revenue specially if there are lots who do play on a certain platform and speaking about odds

of losing then its normal or very common to have because this is how gambling works and this is the  reality of it.This is why gambling is a profitable business due to people on continuing on playing

or tolerating their greed and for seek of leisure and speaking about losers and winners then it would be those typical scenario but most of the time house do always win
and for strategic based then they are earning in terms of fees and deductions.

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January 06, 2022, 07:49:38 PM
 #13

The reality is that few people make money in the gambling world and even those few people end up with losses, gambling was not made for profits, it was just made for people to have fun, at least that is my understanding. if we do research on the internet we can easily see that there are not many people who have won a lot of money with gambling and who in the end have not lost everything, let's look at the cases of people who play lottery, they manage to win and have millions and lose all after
yea, exactly. IF there weren't any gambling fees it would be 50:50, with 50% winners and 50% losers. But due to the fees practically everybody loses in the long run. There are very few people who can make a profit or even a living from it. Generally people should not see it as a way to earn money, but to have fun more than anything.
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January 06, 2022, 07:57:21 PM
 #14

The reality is that few people make money in the gambling world and even those few people end up with losses, gambling was not made for profits, it was just made for people to have fun, at least that is my understanding. if we do research on the internet we can easily see that there are not many people who have won a lot of money with gambling and who in the end have not lost everything, let's look at the cases of people who play lottery, they manage to win and have millions and lose all after
yea, exactly. IF there weren't any gambling fees it would be 50:50, with 50% winners and 50% losers. But due to the fees practically everybody loses in the long run. There are very few people who can make a profit or even a living from it. Generally people should not see it as a way to earn money, but to have fun more than anything.
Gambling shouldnt never be consider as a main source of income but as said on which there are people who do really make it as a source of living but this is a hard thing to be done since this
would be talking about skill based type of gambling which not everybody could able to handle it out. Its really just normal for house to make out profits out of those fees or house edge
on luck based type casinos and expect that there would be only two results on every bet you do make whether you do win or lose.
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January 06, 2022, 08:05:33 PM
 #15

Hard to know what percentage of gamblers are 'average gainers' since they can easily say that they are on the green side of things, albeit being down on losses in reality. Only those who own the platform and work for the platform are absolute gainers on this industry, while the players and the peers are mostly losers. If a huge percentage of players are winners, you will never see casinos and gambling platforms do generous promotions from time to time. In fact, they do those promotions to lure people into playing and losing their money. If they do these often, imagine how much money players are losing to them on average.

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sunsilk
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January 06, 2022, 08:36:03 PM
 #16

In my locality maximum people are losser. A few people has  gained in gambling. But who has entered in gambling never give up actually. In anyhow they manage money and placed bet. Actually how many percent people overall gainer in gambling? Betting sites day by day gradually getting richer. The Owner of bet365 is one of the top richest person in England.
Casino is a business and that's why it's obvious that many of the casino owners are making a lot of money.

But there are also gainers but do we need a percentage for it? If you're a statistician, well that would require you a lot of time to survey and take those numbers for the percentage.

As normal gamblers, we understand that we can be losers and winners at different times. We gamble for good, for fun, and for gain. To say that a few people gained gambling, there are actually many of us.

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January 06, 2022, 08:46:32 PM
 #17

The reality is that few people make money in the gambling world and even those few people end up with losses, gambling was not made for profits, it was just made for people to have fun, at least that is my understanding. if we do research on the internet we can easily see that there are not many people who have won a lot of money with gambling and who in the end have not lost everything, let's look at the cases of people who play lottery, they manage to win and have millions and lose all after

If everyone wins in gambling, where's the fun of that? It's this way so casino owners and bookmakers can make profits on their markets. But one thing about gambling is that at the end of the day, there has to be at least one winner who is the luckiest among other gamblers. In gambling, you can either be a winner or loser but the odds is always on the casino platgorm/bookmaker

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January 06, 2022, 08:48:27 PM
 #18

Gambling generally has two options it's either you win or you lose. If everyone wins regularly there will be no way to pay everyone so the funds used to pay the winners are accumulation of what the losers have gambled over time. One thing we can always point out to is that casinos are actually out for business and the take advantage of gamblers emotions and greed. But in all there are gainers but the percentage is below average
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January 06, 2022, 09:10:26 PM
 #19

In my locality maximum people are losser. A few people has  gained in gambling. But who has entered in gambling never give up actually. In anyhow they manage money and placed bet. Actually how many percent people overall gainer in gambling? Betting sites day by day gradually getting richer. The Owner of bet365 is one of the top richest person in England.

There are no winners for gambling actually, yes there gainers, but a gainers for a day, the next day they'll be losers and usually gamblers lost more monet than winning in an overall total of the money they used to gamble. We, here in gambling section are in no exemption.
The real gainers is the owner/operator of the gambling website and casinos. You know why? Because people doesn't stop gambling, even If they win they'll never stop until they'll eventually lost the capital and the profit.
So, It's nothing new If you see a gambling owner who's crazy rich, because gambling is a damn good business. However, not everyone is fortunate to either run a gambling business smoothly or get a license to operate.

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January 06, 2022, 09:23:58 PM
 #20

There is only two ways to win against the house in the long run.

1- Cheat.
2- Arbitrage&Value Betting which is also considered cheating.

The sooner you understand that gambling is not a job (for the player), the better it is. The owner of Bet365 is rich because he owns one of the biggest casinos out there. He is rich because his customers are losing money. That's how gambling works.

You don't like how players lose money? You can always start your own casino and try to be on the winning side. Nobody's stopping you.

In short, anyone who wins is considered a cheater  Grin
However, I think if you vary your game between several online and offline offices, then the opportunity to engage in arbitrage and value betting and not be banned remains. The question is what is the profit from this. In my opinion, you can easily get 10-20 percent per annum, but is the risk and the required activity worth such income?

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