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Author Topic: Why is it so hard to win at gambling?  (Read 1403 times)
Silberman
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June 24, 2022, 07:44:12 PM
 #261

The longer you play the closer your results will mimic the expected probabilities out of the games, however if the time you ever gamble is on the short side the variance can increase to the point you could make some profits when you gamble, however this method has two big downsides, the first one is that it is dependent on luck and the second is that you must never gamble again, something impossible to do if you like to gamble and obtain some entertainment out of the activity.

the length of play time can not be a reference, even the probability will remain the same. So let's talk about possibilities, I've played 3 hours, because my initial balance doesn't seem to change significantly in that time, so I can play longer. until in the end I lost. Tried in another day, I still lost. Victory is precisely when I give up, try with small initials, bet higher, and within a few moments I win. This is purely not a decisive time but it is luck that plays a role.
In fact the number of tries that you make does have an effect on the probabilities of winning an losing in gambling games, as an example if we were to flip a coin 10 times the chances one of the sides appear 60% of the time is way higher than if we flipped the coin one million times, and this is because of variance, by flipping the coin one million times the results will approach the expected probability of each side appearing 50% of the time, but if you only throw the coin 10 times then the variance increases and it would not be impossible to get 10 heads or 10 tails in a row, so the number of times you gamble can affect your results, however it would be a mistake then to gamble in small sessions and think that somehow this is helping you, as even if you gamble a little bit each day technically it is just one long session.
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June 24, 2022, 08:24:55 PM
 #262

In fact, all gamblers do win at gambling. Maybe not all at the initial stage, but you will win automatically. Of course we would always like to keep winning and not lose, but sooner or later you will always have to deal with a loss, Keep a cool head and accept your loss is my advice. If you continue to follow your own strategy, you will automatically win again. But what's even more important is knowing when to stop and that's the hardest part for many and that's where the problems arise. If you play wisely and wisely, it is possible to win. Not permanently, but in the long run.

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June 24, 2022, 08:31:05 PM
 #263

In fact, all gamblers do win at gambling. Maybe not all at the initial stage, but you will win automatically. Of course we would always like to keep winning and not lose, but sooner or later you will always have to deal with a loss, Keep a cool head and accept your loss is my advice. If you continue to follow your own strategy, you will automatically win again. But what's even more important is knowing when to stop and that's the hardest part for many and that's where the problems arise. If you play wisely and wisely, it is possible to win. Not permanently, but in the long run.

I don't think anyone is able to win in the long run against a casino in gambling except the very few cases who hit a million dollar jackpot,those get a life changing amount and I consider them the only winners in gambling.No one else is able to win in the long run because casinos have invented the house edge which is guaranteed to make them profit in the long run and this has no way of being passed,it is an obstacle just like guards in a castle door.You may be lucky once or twice and win big amounts but in the long run this very house edge is guaranteed to make you lose more money than you have won these couple of times.

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June 24, 2022, 08:42:22 PM
 #264

Hello good day to all the members in this forum, Did you know that even if you win at gambling, you lose as well? Don't you think that's how it happened? and that’s the thing that I'd like to tackle about this topic, Because it’s hard to win at gambling, now if you want to know why? Join the conversation here.

 Honestly, I haven't seen a banker or a casino close; the bettor always loses; why is that?
And when we win, how do we feel like that? Isn't it the joy we feel, and we still want to win more and more? And when we feel like this, it is called Greed. So, in other words, the real winner is the Banker and not the gambler, so even if you win 30 times and on the 31st you bet on all the results, you lose, which means it doesn't matter what you won 30 times.

Now let's not prolong this conversation; what if one of your family (Father, Mother, Brother-Sister, or Wife) or relative (Uncle, Auntie) is addicted to gambling or becomes addicted? What do you do? Here is my answer as follows,

- Don't feel guilty

- Never ever blame yourself for their Addiction

Now, I'd like to know your additional perception of this discussion; let us share our knowledge
to grow more here, your opinion, advice, or suggestion is much appreciated.


I have to disagree with you on several levels here. You seem to be placing everyone in the same boat, as if everyone is greedy and eventually will lose their winnings. That’s simply not the case. In fact some people are so good they actually get banned by casinos. Dana White, the owner of the UFC is actually one of those people ( https://www.sportskeeda.com/amp/mma/news-why-dana-white-banned-las-vegas-casinos ).

Also, there are plenty of banks and casinos that go belly up. Donald Trump bankrupted several casinos ( https://celebmix.com/how-many-casinos-did-donald-trump-bankrupt/ )

In fact, all gamblers do win at gambling. Maybe not all at the initial stage, but you will win automatically. Of course we would always like to keep winning and not lose, but sooner or later you will always have to deal with a loss, Keep a cool head and accept your loss is my advice. If you continue to follow your own strategy, you will automatically win again. But what's even more important is knowing when to stop and that's the hardest part for many and that's where the problems arise. If you play wisely and wisely, it is possible to win. Not permanently, but in the long run.

Lol what? What a shit post from a dipshit promoting a scam. Not surprising I suppose.

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sovie
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June 24, 2022, 09:07:46 PM
 #265

In fact, all gamblers do win at gambling. Maybe not all at the initial stage, but you will win automatically. Of course we would always like to keep winning and not lose, but sooner or later you will always have to deal with a loss, Keep a cool head and accept your loss is my advice. If you continue to follow your own strategy, you will automatically win again. But what's even more important is knowing when to stop and that's the hardest part for many and that's where the problems arise. If you play wisely and wisely, it is possible to win. Not permanently, but in the long run.
i disagree - I know a friend who has always been a loose - he use to go to casino thinking this time I will be rich.
HE has lost a big chunk of his property and he lost his mind and senses for almost a month he remained hospitalized. There are many horrible story of looses - what are you talking about?

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June 25, 2022, 01:36:56 PM
 #266

Honestly, I haven't seen a banker or a casino close; the bettor always loses; why is that?
And when we win, how do we feel like that? Isn't it the joy we feel, and we still want to win more and more? And when we feel like this, it is called Greed. So, in other words, the real winner is the Banker and not the gambler, so even if you win 30 times and on the 31st you bet on all the results, you lose, which means it doesn't matter what you won 30 times.

Can't agree man. This not only about Greed, but also just an ordinary house of edge. You're always loosing on the long run, because expected value is always negative for you. Even with zero house of edge expected value will be Zero, means you'll only waste your time on the long run.

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June 25, 2022, 02:05:16 PM
 #267

Honestly, I haven't seen a banker or a casino close; the bettor always loses; why is that?
And when we win, how do we feel like that? Isn't it the joy we feel, and we still want to win more and more? And when we feel like this, it is called Greed. So, in other words, the real winner is the Banker and not the gambler, so even if you win 30 times and on the 31st you bet on all the results, you lose, which means it doesn't matter what you won 30 times.

Can't agree man. This not only about Greed, but also just an ordinary house of edge. You're always loosing on the long run, because expected value is always negative for you. Even with zero house of edge expected value will be Zero, means you'll only waste your time on the long run.
Be it a real life or the casino - it is hard to win. It is hard to win in sports, in life and in casino.
One should always keep the plan ready, what if I lose.
So play your best shot and be prepared for the worse.

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June 25, 2022, 08:01:34 PM
 #268

Hello good day to all the members in this forum, Did you know that even if you win at gambling, you lose as well? Don't you think that's how it happened? and that’s the thing that I'd like to tackle about this topic, Because it’s hard to win at gambling, now if you want to know why? Join the conversation here.

 Honestly, I haven't seen a banker or a casino close; the bettor always loses; why is that?
And when we win, how do we feel like that? Isn't it the joy we feel, and we still want to win more and more? And when we feel like this, it is called Greed. So, in other words, the real winner is the Banker and not the gambler, so even if you win 30 times and on the 31st you bet on all the results, you lose, which means it doesn't matter what you won 30 times.

Now let's not prolong this conversation; what if one of your family (Father, Mother, Brother-Sister, or Wife) or relative (Uncle, Auntie) is addicted to gambling or becomes addicted? What do you do? Here is my answer as follows,

- Don't feel guilty

- Never ever blame yourself for their Addiction

Now, I'd like to know your additional perception of this discussion; let us share our knowledge
to grow more here, your opinion, advice, or suggestion is much appreciated.


Its every player's tendency to keep playing again and again for a win. You say its a greed but I would say a love towards the game and moment of wins. I am sure besides the money, there are lot more one experiences when he / she wins the match. This turns the player to become addicted to the game. When a guy is addicted, it would really spoil him and his dependents. Self control is so important. He/she has to get out of the atmosphere around. This will slowly get him out of addiction. 

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nakamura12
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June 25, 2022, 08:28:59 PM
 #269

It is not a place where you always win. After all what you are doing is gambling which means it's either you win or you lose. It is based on how lucky are you during the time you are gambling and most of the time you always lose even if you play physically instead of online. The question is, can you stop yourself from gambling again or stop the urge to gamble once you are addicted in gambling?. I also gamble too but I have my limits.

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Fatunad
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June 25, 2022, 08:58:11 PM
 #270

It is not a place where you always win. After all what you are doing is gambling which means it's either you win or you lose. It is based on how lucky are you during the time you are gambling and most of the time you always lose even if you play physically instead of online. The question is, can you stop yourself from gambling again or stop the urge to gamble once you are addicted in gambling?. I also gamble too but I have my limits.
You should always put up into your mind that gambling is considered automatically that it would bring losses but if you are finding leisure times and you are willing to pay for it then gambling would be the key.
it all matters on personal point of view because if you do treat gambling is a thing that could make you rich then its really a different mindset to have because this would really be pushing you in desperation
which would really cause of spending more money just to achieve that kind of goal which is something not really that good in terms of your finances.Dont chase losses and  dont chase to win
and with this then you could really save up yourself from possible problems in the future.

R


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blockman
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June 25, 2022, 09:02:49 PM
 #271

Be it a real life or the casino - it is hard to win. It is hard to win in sports, in life and in casino.
One should always keep the plan ready, what if I lose.
So play your best shot and be prepared for the worse.
Well, comparing it in real life. We've got different struggles but to say that it's hard to win, it's based on your perspective. But if you've got grit and you're doing everything you can to provide for yourself and your family, you're winning life.
It's not all about fancy things that you need to have, they just want and not needs. As long as you're someone who's responsible enough for yourself and family, and you're doing everything you can to reach your goals and dreams, you're winning it.

nakamura12
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June 25, 2022, 09:07:20 PM
 #272

You should always put up into your mind that gambling is considered automatically that it would bring losses but if you are finding leisure times and you are willing to pay for it then gambling would be the key.
it all matters on personal point of view because if you do treat gambling is a thing that could make you rich then its really a different mindset to have because this would really be pushing you in desperation
which would really cause of spending more money just to achieve that kind of goal which is something not really that good in terms of your finances.Dont chase losses and  dont chase to win
and with this then you could really save up yourself from possible problems in the future.
I couldn't agree more. I am a small time gambler which I only gambe just for fun and I am not thinking that gambling is shortcut to become rich. I only gamble when I want to not because I want to become rich. Casino is a business and casino always win when it comes to winning percentage. However, I am quite confused if you are talking about op or me but if what you have posted is for me then you wasted your time telling me those things when I know myself that I am not thinking about gambling as a way to get rich.

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minime0105
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June 25, 2022, 11:14:52 PM
 #273

But it is quite hard to win gambling because gambling is something that involves prediction of accuracy depending the kind of gambling you're playing or you are in love yourself into, so from my own understanding why people find it very hard tuwing umuulan is because off the particular Gamble there into, when considering casino gambling and the soccer gambling you will notice that the difference between this two kinds for gambling someone who knows about soccer will be at advantage of winning because of each prediction and each involvement of watching them through television. So with a serious involvement will make their accuracy or prediction to come to pass
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June 26, 2022, 05:54:37 AM
 #274

But it is quite hard to win gambling because gambling is something that involves prediction of accuracy depending the kind of gambling you're playing or you are in love yourself into, so from my own understanding why people find it very hard tuwing umuulan is because off the particular Gamble there into, when considering casino gambling and the soccer gambling you will notice that the difference between this two kinds for gambling someone who knows about soccer will be at advantage of winning because of each prediction and each involvement of watching them through television. So with a serious involvement will make their accuracy or prediction to come to pass
If you play sports betting, then it obviously depends on the predictions and analysis you use because, without predictions, you will not win.
But if it is a luck based game, it will not be easy to win the game because not everyone can get lucky.
These two types of gambling can give you a win but can also make you continue gambling without knowing a time limit.
So it's only natural that we find it difficult to win any type of gambling.

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June 26, 2022, 06:46:36 AM
 #275

In fact, all gamblers do win at gambling. Maybe not all at the initial stage, but you will win automatically. Of course we would always like to keep winning and not lose, but sooner or later you will always have to deal with a loss, Keep a cool head and accept your loss is my advice. If you continue to follow your own strategy, you will automatically win again. But what's even more important is knowing when to stop and that's the hardest part for many and that's where the problems arise. If you play wisely and wisely, it is possible to win. Not permanently, but in the long run.
I'm more than sure that in the long run every gambler loses at the casino. Maybe some lucky gamblers have frequent winnings in the beginning, but at the end everyone's result is about the same. I haven't heard a single story about a successful gambler playing casinos instead of their day job.

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June 26, 2022, 06:50:54 AM
 #276

If you play sports betting, then it obviously depends on the predictions and analysis you use because, without predictions, you will not win.
But if it is a luck based game, it will not be easy to win the game because not everyone can get lucky.
These two types of gambling can give you a win but can also make you continue gambling without knowing a time limit.
So it's only natural that we find it difficult to win any type of gambling.
We have a choice if we want to play a skill based or a luck based games. They're a bit different and its up to us if we will only rely on luck or we will play games with a participation of strategy and skills to possibly win. But no matter what we choose, still its gambling, there's no assurance to win so its not right to have a high expectation that you can double your money in snap. Play with limit and discipline to not end up being addicted.

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June 26, 2022, 11:22:19 AM
 #277

But it is quite hard to win gambling because gambling is something that involves prediction of accuracy depending the kind of gambling you're playing or you are in love yourself into, so from my own understanding why people find it very hard tuwing umuulan is because off the particular Gamble there into, when considering casino gambling and the soccer gambling you will notice that the difference between this two kinds for gambling someone who knows about soccer will be at advantage of winning because of each prediction and each involvement of watching them through television. So with a serious involvement will make their accuracy or prediction to come to pass
If you play sports betting, then it obviously depends on the predictions and analysis you use because, without predictions, you will not win.
But if it is a luck based game, it will not be easy to win the game because not everyone can get lucky.
These two types of gambling can give you a win but can also make you continue gambling without knowing a time limit.
So it's only natural that we find it difficult to win any type of gambling.

You can win without predictions in sports betting if you are lucky enough with the bet you placed. Even if prediction and analysis are needed in sports betting but I also believe that there are some gamblers who do it blindly by feeling or just by following others. Luck is also required in sports betting because even if you do great analysis, there is still a possibility that something unexpected may happen in the game.

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June 26, 2022, 11:35:51 AM
 #278

Honestly, I haven't seen a banker or a casino close; the bettor always loses; why is that?
And when we win, how do we feel like that? Isn't it the joy we feel, and we still want to win more and more? And when we feel like this, it is called Greed. So, in other words, the real winner is the Banker and not the gambler, so even if you win 30 times and on the 31st you bet on all the results, you lose, which means it doesn't matter what you won 30 times.

Can't agree man. This not only about Greed, but also just an ordinary house of edge. You're always loosing on the long run, because expected value is always negative for you. Even with zero house of edge expected value will be Zero, means you'll only waste your time on the long run.

However, if we will lose in long run in gambling then why do people still want to gamble? Why people do not quit gambling if they can't make money from it. The reason is that you need to be smart in gambling if you want to make money out of it. Use money management skills and try to stop gambling when you have won a certain amount and start all over again another day. Keep track of your wins and losses and make sure you are in an overall profit. This is a small trick that can avoid you big losses in gambling.

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Fivestar4everMVP
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June 26, 2022, 11:56:41 AM
 #279


Now, I'd like to know your additional perception of this discussion; let us share our knowledge
to grow more here, your opinion, advice, or suggestion is much appreciated.

All you said is true, so i totally agree, i have a friend who gambles frequently, he was the one that introduced me and gives me ideas of some the gambling's i do offline like sports betting, lotto and the rest.
I consider this guy addicted because most times, he ends up gambling even with money he kept for important things, he not that educated so for this reason, most of his gambling is done in a game shop, there was a time he luckily won about $580 usd, when he asked the shop keeper how he would get his won money, the game shop keeper said he would have to visit their head office with his winning ticket to claim he's money, he said ok but later didn't go to the head office, what he did was give his ticket to the shop keeper and started gambling again from the "yet to be claimed" money, he gambled with that money until everything got finished without winning a dime again.

This is to say he won, but still gave everything he won back to the casino, with no luck of winning again in the process, this is why i gamble consciously so as to help me monitor myself and keep myself from getting addicted because no matter how much you win, casinos always win highest at the end of the day.

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swogerino
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June 26, 2022, 04:05:57 PM
 #280

Honestly, I haven't seen a banker or a casino close; the bettor always loses; why is that?
And when we win, how do we feel like that? Isn't it the joy we feel, and we still want to win more and more? And when we feel like this, it is called Greed. So, in other words, the real winner is the Banker and not the gambler, so even if you win 30 times and on the 31st you bet on all the results, you lose, which means it doesn't matter what you won 30 times.

Can't agree man. This not only about Greed, but also just an ordinary house of edge. You're always loosing on the long run, because expected value is always negative for you. Even with zero house of edge expected value will be Zero, means you'll only waste your time on the long run.

However, if we will lose in long run in gambling then why do people still want to gamble? Why people do not quit gambling if they can't make money from it. The reason is that you need to be smart in gambling if you want to make money out of it. Use money management skills and try to stop gambling when you have won a certain amount and start all over again another day. Keep track of your wins and losses and make sure you are in an overall profit. This is a small trick that can avoid you big losses in gambling.

The people want to gamble after they lose because they think that if they get a big win,I am talking about slots,like winning a jackpot or hitting that top prize for many of them maybe a life changing event.This is what brings people back but unfortunately a huge majority of them keep losing and are never able to hit a jackpot or the top prize in a slot machine.We know there is the house edge which is in place to make sure that in the long run the casino is always in profit and to keep their business open but people keep coming back knowing it just to try to hit a jackpot or a top prize from a slot machine which are usually really big prizes in money.

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