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Author Topic: Can i make 100 $ daily from online casinos  (Read 6011 times)
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June 23, 2023, 07:15:51 PM
 #681

How does that work?, the more money you bet the higher the chances?, what if you bet a million?, you'll win guaranteed?

Of course you get paid more if you bet more, but how are the chances of winning higher when you bet more?

In skill based gambling with a good strategy and knowledge the chance of winning is good. I was referring to poker or sports betting. I was not referring to luck based gambling like slots, roulette and etc. Although there no guarantee that with gambling you will still be able to earn $100 daily.
I know skill based gambling can turn the chance into big ones but I don't think it will be that easy even in football betting because some other teams are still very difficult to predict and our analysis could be wrong even if we use the skills we have, but there are no guarantees and don't get your hopes up beyond reason, because we already know it's still very difficult to make $100 from any investment if we make the wrong move, so don't be surprised that betting opportunities will be too far away for us to hope for.

R


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June 23, 2023, 07:22:03 PM
 #682

I think you can make $100 every day in a casino if your daily deposit is $200. Otherwise, it is impossible to win money regularly and consistently in casinos. If it were possible, this kind of business wouldn't exist. Perhaps there are some forks of gambling where with a certain strategy you can make regular profits, for example from betting on sports or playing poker. But casinos rule out the possibility of making money on a regular basis.

To get $100 every day a minimum deposit of $500 or more is required. You cannot bet $200 and get $100, it is not that simple. The bigger the budget the higer are the chances. Above all you need a strategy everytime you are in the online casino. Without any strategy the chance of win is basically null. A lot of patience and discipline is needed in your lifestyle. Professional gamblers do make money, the sacrifice they do to get that amount is not possible for everyone.
I don't actually think its possible to make 100$ daily even if you go out with big budgets  but its true that the bigger the money the lesser the risk you would take in your bet  but still doesn't close the fact that it all still depends on luck and I can think that big budget stake could actually get you drain out quick.

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June 24, 2023, 11:39:36 PM
 #683

How does that work?, the more money you bet the higher the chances?, what if you bet a million?, you'll win guaranteed?

Of course you get paid more if you bet more, but how are the chances of winning higher when you bet more?

In skill based gambling with a good strategy and knowledge the chance of winning is good. I was referring to poker or sports betting. I was not referring to luck based gambling like slots, roulette and etc. Although there no guarantee that with gambling you will still be able to earn $100 daily.
I know skill based gambling can turn the chance into big ones but I don't think it will be that easy even in football betting because some other teams are still very difficult to predict and our analysis could be wrong even if we use the skills we have, but there are no guarantees and don't get your hopes up beyond reason, because we already know it's still very difficult to make $100 from any investment if we make the wrong move, so don't be surprised that betting opportunities will be too far away for us to hope for.

if OP has already played in a physical casino or in an online casino then he must have understood that he will hardly be able to get any physical profit playing constantly in the casino, even if the person is someone with very great skills, even then that person will not be able to stay playing constantly and making profits, if that person is playing casino games of chance that depend on luck then that person will hardly have any sequence of victories, it will be 100% sure that that person will lose all the money he puts in the casino

if this person is a person who is placing sports bets, then this person will need to choose games in which they have a decent odd value because it will not be worth betting on games with odds below 1.50 in the long term, the bank will go bankrupt and even if stay every day betting on games with very low odds this does not guarantee that that person will make constant profits every day, also if you choose to make multibet bets that person will also be running many risks of losing all the money too soon. at the end of the day this person will not have constant profit

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June 25, 2023, 08:31:19 PM
 #684

I think you can make $100 every day in a casino if your daily deposit is $200. Otherwise, it is impossible to win money regularly and consistently in casinos. If it were possible, this kind of business wouldn't exist. Perhaps there are some forks of gambling where with a certain strategy you can make regular profits, for example from betting on sports or playing poker. But casinos rule out the possibility of making money on a regular basis.

To get $100 every day a minimum deposit of $500 or more is required. You cannot bet $200 and get $100, it is not that simple. The bigger the budget the higer are the chances. Above all you need a strategy everytime you are in the online casino. Without any strategy the chance of win is basically null. A lot of patience and discipline is needed in your lifestyle. Professional gamblers do make money, the sacrifice they do to get that amount is not possible for everyone.
I don't actually think its possible to make 100$ daily even if you go out with big budgets  but its true that the bigger the money the lesser the risk you would take in your bet  but still doesn't close the fact that it all still depends on luck and I can think that big budget stake could actually get you drain out quick.

Not really the case when it comes to gambling as it's all the same whether you're rich or poor. As a poor then of course your bets will not be as huge as the rich can afford when it comes to betting because in most cases, the bigger money, the bigger bets as why would you bet small if you can always afford the bigger ones as that will give you more profits.

But talking back to the topic, it's just impossible to generate $100 dollars from doing gambling everyday as you cannot guarantee yourself that you will be that lucky everyday to maintain your profits from the bets you're taking. As we know, we have more chances to lose than winning as the advantage always belong to the casino itself.

 
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June 26, 2023, 03:38:12 AM
 #685

~snip~
Not really the case when it comes to gambling as it's all the same whether you're rich or poor. As a poor then of course your bets will not be as huge as the rich can afford when it comes to betting because in most cases, the bigger money, the bigger bets as why would you bet small if you can always afford the bigger ones as that will give you more profits.

But talking back to the topic, it's just impossible to generate $100 dollars from doing gambling everyday as you cannot guarantee yourself that you will be that lucky everyday to maintain your profits from the bets you're taking. As we know, we have more chances to lose than winning as the advantage always belong to the casino itself.

No rich person gambles at casinos. At least they won't be rich for a long time if they do that.

The largest number of people that gamble are actually quite poor. They usually do this to buy the hope to become rich. Ironically they end up even poorer.
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June 26, 2023, 04:13:20 AM
 #686



No rich person gambles at casinos. At least they won't be rich for a long time if they do that.

The largest number of people that gamble are actually quite poor. They usually do this to buy the hope to become rich. Ironically they end up even poorer.

Greed is everywhere either someone is poor or rich but i think rich people have more. when rich have already money to fulfill all need and also luxury item then why he taking risk to double income. i know many people in my area who lost even house and land and now has nothing.
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June 26, 2023, 06:01:18 AM
 #687

~snip~
Greed is everywhere either someone is poor or rich but i think rich people have more. when rich have already money to fulfill all need and also luxury item then why he taking risk to double income. i know many people in my area who lost even house and land and now has nothing.

You gave an example of how rich people lost everything. Yes, that's exactly what I meant. No rich person keeps being rich if they gamble. Rich and poor alike will be faced with the same maths, which is basically negative expected value. That means that you will end up with less money than what you started with.
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June 26, 2023, 11:24:15 AM
 #688

~snip~
Greed is everywhere either someone is poor or rich but i think rich people have more. when rich have already money to fulfill all need and also luxury item then why he taking risk to double income. i know many people in my area who lost even house and land and now has nothing.

You gave an example of how rich people lost everything. Yes, that's exactly what I meant. No rich person keeps being rich if they gamble. Rich and poor alike will be faced with the same maths, which is basically negative expected value. That means that you will end up with less money than what you started with.

Yes, the same outcome if being played in the same way, even rich people can suffer and can be empty their bank savings if they are not careful in controlling their gambling participation. The logic behind is what you mentioned, same math and same pattern from the gambling developers, if you got engage and you push yourself trying to beat the house or trying to keep winning from the house, you'll see yourself suffering as the outcome of the game will turn against you.

Though there are some instances that you may win but in the long process, the outcome mostly favor in the side of the house.

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June 26, 2023, 12:12:19 PM
 #689

~snip~
Greed is everywhere either someone is poor or rich but i think rich people have more. when rich have already money to fulfill all need and also luxury item then why he taking risk to double income. i know many people in my area who lost even house and land and now has nothing.

You gave an example of how rich people lost everything. Yes, that's exactly what I meant. No rich person keeps being rich if they gamble. Rich and poor alike will be faced with the same maths, which is basically negative expected value. That means that you will end up with less money than what you started with.
What you mean is true but there are also some people who can control gambling so they can minimize losses and collect wins but only a thousand to one can, for example several big businessmen get together to play poker and of course you know that poker does not entirely rely on luck to win but also has a big factor of dexterity and ingenuity in using playing strategies so that opponents can lose or make mistakes when deciding a step in the game.
But this can only be done at land-based casinos, not online casinos, because in online casinos gamblers play live.

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June 26, 2023, 09:25:57 PM
 #690

~snip~
Greed is everywhere either someone is poor or rich but i think rich people have more. when rich have already money to fulfill all need and also luxury item then why he taking risk to double income. i know many people in my area who lost even house and land and now has nothing.

You gave an example of how rich people lost everything. Yes, that's exactly what I meant. No rich person keeps being rich if they gamble. Rich and poor alike will be faced with the same maths, which is basically negative expected value. That means that you will end up with less money than what you started with.
What you mean is true but there are also some people who can control gambling so they can minimize losses and collect wins but only a thousand to one can, for example several big businessmen get together to play poker and of course you know that poker does not entirely rely on luck to win but also has a big factor of dexterity and ingenuity in using playing strategies so that opponents can lose or make mistakes when deciding a step in the game.
But this can only be done at land-based casinos, not online casinos, because in online casinos gamblers play live.
The belief that some can control their gambling habits to profit over losses might seem valid, particularly in skill-oriented games like poker. However, the risk element cannot be entirely offset by strategy. Even in strategic games, luck significantly influences the outcome

Importantly, the psychological impact of gambling, such as the euphoria from winning, can fuel a false feeling of invincibility, potentially intensifying gambling tendencies and eventually leading to losses. Thus, even veteran gamblers aren't safe from the dangers of addiction and financial distress

Your distinction between traditional and online casinos is only somewhat accurate. Though the social and tactile aspects of brick-and-mortar casinos can amplify strategic gameplay, many online platforms also provide skill-based games. Yet, the ease of access of online casinos can pose extra risks, contributing to gambling issues.

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June 26, 2023, 10:33:34 PM
 #691

I know skill based gambling can turn the chance into big ones but I don't think it will be that easy even in football betting because some other teams are still very difficult to predict and our analysis could be wrong even if we use the skills we have, but there are no guarantees and don't get your hopes up beyond reason, because we already know it's still very difficult to make $100 from any investment if we make the wrong move, so don't be surprised that betting opportunities will be too far away for us to hope for.

Usually, if someone is targeting to get consistent wins especially per day. then what happens, is the opposite. moreover, if the gambling we play is purely based on luck. most likely, whatever money the OP has as he said in this thread will be drained away.

Well, now we're talking skill-based gambling. a few weeks ago, we found a gambler who made a thread, that he gambled for a period of time, until he made a very fantastic amount. if that is true, it means that it is not impossible for us to collect victory after victory from sports betting sessions, especially football.
unfortunately, in practice, in gambling even though it involves many factors, such as insight, analysis, research, and others. each result, determined after the match ended. I mean, we can't predict a win 100% with certainty. So, another factor is also involved, namely luck. although ideally, if we have extensive knowledge of the sport and the league itself. the chance that we have is big enough to win the bet. but the problem, is getting profits per day. and that, it is not easy even though we bet involves skill. as I said, there are other factors that allow us to lose the bet. so, it's hard to get consistent wins, let alone per day.

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June 27, 2023, 04:36:18 AM
 #692

~snip~
What you mean is true but there are also some people who can control gambling so they can minimize losses and collect wins but only a thousand to one can, for example several big businessmen get together to play poker and of course you know that poker does not entirely rely on luck to win but also has a big factor of dexterity and ingenuity in using playing strategies so that opponents can lose or make mistakes when deciding a step in the game.
But this can only be done at land-based casinos, not online casinos, because in online casinos gamblers play live.

Right, but I think casinos still charge you a fee to play Poker against other gamblers. In that case, there might be a slight edge to win against your opponent, but it must be large enough to cover the casino fees. Plus, that of course assumes the person you are playing against is worse than you, which might not be the case.

Assuming both players are equal, then the expected return should be 0, but then you have the casino fees, so expected return is still negative in that case.
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June 27, 2023, 05:41:50 AM
 #693

-snip-
-snip-

Your distinction between traditional and online casinos is only somewhat accurate. Though the social and tactile aspects of brick-and-mortar casinos can amplify strategic gameplay, many online platforms also provide skill-based games. Yet, the ease of access of online casinos can pose extra risks, contributing to gambling issues.
Yes, but many gamblers fail and find it difficult to win from this type of skill-based game because it is played live and gamblers cannot see what is really happening in the game, except when there is a big tournament held by a well-known casino, maybe it will make it easier for gamblers to really play according to the abilities and skills of each.
It seems that wealthy businessmen still believe in playing in land-based casinos rather than online casinos when they want to play games like poker.

~snip~
What you mean is true but there are also some people who can control gambling so they can minimize losses and collect wins but only a thousand to one can, for example several big businessmen get together to play poker and of course you know that poker does not entirely rely on luck to win but also has a big factor of dexterity and ingenuity in using playing strategies so that opponents can lose or make mistakes when deciding a step in the game.
But this can only be done at land-based casinos, not online casinos, because in online casinos gamblers play live.

Right, but I think casinos still charge you a fee to play Poker against other gamblers. In that case, there might be a slight edge to win against your opponent, but it must be large enough to cover the casino fees. Plus, that of course assumes the person you are playing against is worse than you, which might not be the case.

Assuming both players are equal, then the expected return should be 0, but then you have the casino fees, so expected return is still negative in that case.
Obviously the casino will charge a fee because they provide game services or a place for us to play online.
In a land casino, it's the same, there will definitely be a fee requested.
Casinos are a business so it's only natural that fees are required.

I have never objected and felt burdened when a fee was asked by the casino because I played to get good service and comfort.

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June 27, 2023, 06:11:33 AM
 #694

~snip~
What you mean is true but there are also some people who can control gambling so they can minimize losses and collect wins but only a thousand to one can, for example several big businessmen get together to play poker and of course you know that poker does not entirely rely on luck to win but also has a big factor of dexterity and ingenuity in using playing strategies so that opponents can lose or make mistakes when deciding a step in the game.
But this can only be done at land-based casinos, not online casinos, because in online casinos gamblers play live.

Right, but I think casinos still charge you a fee to play Poker against other gamblers. In that case, there might be a slight edge to win against your opponent, but it must be large enough to cover the casino fees. Plus, that of course assumes the person you are playing against is worse than you, which might not be the case.

Assuming both players are equal, then the expected return should be 0, but then you have the casino fees, so expected return is still negative in that case.

Most casinos take a fee from the overall pot and they do not tax individually the players and that is the same as having no fee,meaning they are not penalizing your initial balance,of course the fee is still there with this kind of system but this one does not bother me at all.After all the casino has to make some profit for offering us the servers to play Texas Holdem Poker for example and for holding the tournaments for us,they do so by getting a fixed percentage fee for every hand that we tournament players play there,usually is 1% of the entire hand/pot.

In theory with Poker you can make even more than 100 dollars daily but that needs a huge amount of patience beside great skill which most of us lack.

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June 27, 2023, 09:07:59 AM
 #695

I know skill based gambling can turn the chance into big ones but I don't think it will be that easy even in football betting because some other teams are still very difficult to predict and our analysis could be wrong even if we use the skills we have, but there are no guarantees and don't get your hopes up beyond reason, because we already know it's still very difficult to make $100 from any investment if we make the wrong move, so don't be surprised that betting opportunities will be too far away for us to hope for.

That's right, doing it every day is too difficult, and not only in football betting, in any form of gambling it is too difficult. It is possible on some days, but for daily earnings it is very difficult, you can choose different strategies, with large bets, or small bets but high odds, but the risks will always be high, so you should not even try to earn $ 100 daily. It's like in trading, when you can earn a very good amount for one trade, but it's too difficult to do it every day.

 
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June 27, 2023, 09:33:04 AM
 #696

I know skill based gambling can turn the chance into big ones but I don't think it will be that easy even in football betting because some other teams are still very difficult to predict and our analysis could be wrong even if we use the skills we have, but there are no guarantees and don't get your hopes up beyond reason, because we already know it's still very difficult to make $100 from any investment if we make the wrong move, so don't be surprised that betting opportunities will be too far away for us to hope for.

That's right, doing it every day is too difficult, and not only in football betting, in any form of gambling it is too difficult. It is possible on some days, but for daily earnings it is very difficult, you can choose different strategies, with large bets, or small bets but high odds, but the risks will always be high, so you should not even try to earn $ 100 daily. It's like in trading, when you can earn a very good amount for one trade, but it's too difficult to do it every day.
If you have a capital of 1 million dollars and then bet $ 100 per roll of the dice, maybe you can get a daily profit of $ 100 and use the martingale strategy, but with the risk of losing everything, but with the condition that when you win $ 100 in the first round you have to stop.

I think that's what makes it hard to stop playing when you win $ 100, it turns out that there is a feeling of dissatisfaction, then playing again, trying again, who knows, you win another $ 100, you lose, then try again, keep rolling the dice, losing in a row, and the $ 1 million dollar capital is gone because chasing that loss, this is not just talking about getting a profit of $ 100 per day but how to overcome greed in yourself then control the game to know when to stop when you have reached your daily profit target. in fact it is difficult  Grin

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June 27, 2023, 11:11:12 AM
 #697

If you have a capital of 1 million dollars and then bet $ 100 per roll of the dice, maybe you can get a daily profit of $ 100 and use the martingale strategy, but with the risk of losing everything, but with the condition that when you win $ 100 in the first round you have to stop.

I think that's what makes it hard to stop playing when you win $ 100, it turns out that there is a feeling of dissatisfaction, then playing again, trying again, who knows, you win another $ 100, you lose, then try again, keep rolling the dice, losing in a row, and the $ 1 million dollar capital is gone because chasing that loss, this is not just talking about getting a profit of $ 100 per day but how to overcome greed in yourself then control the game to know when to stop when you have reached your daily profit target. in fact it is difficult  Grin
You would eventually lose it, that's a high mathematical possibility, but if you had $1 Million, why would you need to gamble and spend your time for gambling for pesky $100/day in the first place, when you could do probably way more by putting it to real estate or stock market and not lose it all in one bad day of gambling.

Gambling for fun and excitement is a very different world then these fantasies that are based in gambler's fallacy. If you want steady income, why would someone consider gambling is a good or safe way for it?

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June 27, 2023, 12:26:42 PM
 #698

I know skill based gambling can turn the chance into big ones but I don't think it will be that easy even in football betting because some other teams are still very difficult to predict and our analysis could be wrong even if we use the skills we have, but there are no guarantees and don't get your hopes up beyond reason, because we already know it's still very difficult to make $100 from any investment if we make the wrong move, so don't be surprised that betting opportunities will be too far away for us to hope for.

That's right, doing it every day is too difficult, and not only in football betting, in any form of gambling it is too difficult. It is possible on some days, but for daily earnings it is very difficult, you can choose different strategies, with large bets, or small bets but high odds, but the risks will always be high, so you should not even try to earn $ 100 daily. It's like in trading, when you can earn a very good amount for one trade, but it's too difficult to do it every day.
Nothing is impossible, but again it's not easy to achieve consistent $100 bets. Even a seasoned gambler can't be sure that it happens to him every day. The gambling cycle which includes bets that are quite risky will always have 2 directions, namely winning or losing. Maybe 2-3 days can be a lucky phase but not for the next day. It's true, don't expect too much that bets according to the target can be achieved easily, the point in gambling is to enjoy it, not demand to make a profit. We already know the betting system, and how the house edge will easily turn things around.

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June 27, 2023, 12:36:33 PM
 #699

~snip~
Greed is everywhere either someone is poor or rich but i think rich people have more. when rich have already money to fulfill all need and also luxury item then why he taking risk to double income. i know many people in my area who lost even house and land and now has nothing.

You gave an example of how rich people lost everything. Yes, that's exactly what I meant. No rich person keeps being rich if they gamble. Rich and poor alike will be faced with the same maths, which is basically negative expected value. That means that you will end up with less money than what you started with.
What you mean is true but there are also some people who can control gambling so they can minimize losses and collect wins but only a thousand to one can, for example several big businessmen get together to play poker and of course you know that poker does not entirely rely on luck to win but also has a big factor of dexterity and ingenuity in using playing strategies so that opponents can lose or make mistakes when deciding a step in the game.
But this can only be done at land-based casinos, not online casinos, because in online casinos gamblers play live.

When we are considering the rich gamblers in this regard, we must not forget that they all existed in ranks and categories also, there are rich fellows that whenever they step into gambling and get addicted with it they run bankrupt over time because their financial source is not firmly constant and steady and the money they have is not a long and sustainable means of financial riches, while some people will have money, abuse it, got addicted to gambling and also spend the money as they like without adopting any control measures and yet their source never run dry no matter how they spend on gambling even though this kind of category of gamblers aren't common at all.

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June 28, 2023, 04:43:51 AM
 #700

~snip~
When we are considering the rich gamblers in this regard, we must not forget that they all existed in ranks and categories also, there are rich fellows that whenever they step into gambling and get addicted with it they run bankrupt over time because their financial source is not firmly constant and steady and the money they have is not a long and sustainable means of financial riches, while some people will have money, abuse it, got addicted to gambling and also spend the money as they like without adopting any control measures and yet their source never run dry no matter how they spend on gambling even though this kind of category of gamblers aren't common at all.

Yeah, well, if a rich person that has, let's say a huge income all the time, they would go to the casino, lose it all, but then they get a "reset" the next time they get paid, and they might continue doing so.

The thing is that, usually they realize that their behavior is not sustainable and change course. They were able to get themselves into a rich position, so they understand how things work.

Not many rich people gamble, and the ones who do, end up not being rich soon enough.
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