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Author Topic: Are you in profit?  (Read 811 times)
Oilacris
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November 18, 2023, 11:26:55 PM
 #41

I have noticed some individuals claiming to be successful in gambling.
but, my personal experience with online gambling platform over the past 8 months has been consistently unprofitable
I haven't broken even or made any gains. I'm curious if anyone in our community has actually achieved profitability through gambling. If yes, we can calculate that how much percentage of us are profitable.
I know most of the people pay to win and deposit to recover previous losses.

write in this format:
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[color=green]YES[/color] [color=red]NO[/color]

sorry for the loss you incurred. btw sorry, but the question you are asking is strictly personal, every gambler definitely has a fairly large percentage of losses, but many of them don't want to show it to the public, I also experienced several losses and several wins, but I didn't record them in a note because I'm sure it will be very difficult for me to accept that defeat. My advice, it's better and calmer if you gamble for entertainment, if you are looking for a stable income from gambling then that is very wrong.
You arent forced to tell on whats the exact numbers but actually if you do mentioned out the real numbers then whats next? People wont care. It turns out that gambling losses would really be just that typical or normal thing to experience in gambling field. Doesnt matter if you do lie or make some estimations or do say about real exact numbers which people
dont really care or mind off about it because we are all on the verge of losing money when we do play gambling on longer runs. Profit? This is something that we should not
mind to ourselves about having it because it would really be pushing you to play further because if you do see that you are in losses then it would be just normal
that you would be pushing yourself on playing further to at least break even or trying out to chase those losses simply.
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November 18, 2023, 11:31:21 PM
 #42

It looked like I was in profit, but all of the sudden the losing streak began and I used to lose control. I don't know why this is happening, finally used to end with massive loss. Yesterday one of the worst day, was in profit of $500 and lost the amount. To recover what I've lost, deposited another $200 which is the final amount. I wasn't able to achieve what I target. Later ended with empty wallet, so we need to know when to stop and that'll make us stay on profit.
NO
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November 18, 2023, 11:33:00 PM
 #43

I think it might be better if you put a poll so that we can vote instead of those colors.

Nevertheless, just like others, I'm into the negative as well. Just last night, went out with my friends and to go casino and I have a budget, I did bring some money, initial it was just up and down. But suddenly I'm on the losing streak and we all lost some money. Me? half of my capital was lost too, 50% of it. So I just went home with another half of the money that I brought in. Others might say that at least I didn't lose everything, but yeah, at least I enjoy with my friends, had a few drinks.

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November 18, 2023, 11:45:59 PM
 #44

I have noticed some individuals claiming to be successful in gambling.
but, my personal experience with online gambling platform over the past 8 months has been consistently unprofitable
I haven't broken even or made any gains. I'm curious if anyone in our community has actually achieved profitability through gambling. If yes, we can calculate that how much percentage of us are profitable.
I know most of the people pay to win and deposit to recover previous losses.

write in this format:
Code:
Context:
[color=green]YES[/color] [color=red]NO[/color]

In gambling, i do not believe there are profits; in my opinion; when you gamble there are winnings and losses. The more you bet or gamble; the more you lose or win.
As a gambler; you should not calculate the % of your wins or losses. instead you should calculate your winnings against your staking power.

Does your winnings in gambling outperform your staking amount  ?
Do you  rake in more staking losses than winnings ?

Both answers determine if you are gambling right or not.
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November 18, 2023, 11:47:59 PM
 #45

Most people gambling aren't exactly rolling in dough.  That's how casinos stay in business after all.  They've got the edge over us.  


Exactly! Casinos are designed to have an edge, ensuring they stay profitable. While some may have those extraordinary wins, for many, it's a game of chance with varying outcomes. It's essential to approach gambling with an understanding of the odds and acknowledging that in the long run, if we tend to lose big time, the casinos win big time.

Anyway, am i in profit? No. Do i still bet? Yes haha but am i in debt? No

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November 18, 2023, 11:55:25 PM
 #46

I have noticed some individuals claiming to be successful in gambling.
but, my personal experience with online gambling platform over the past 8 months has been consistently unprofitable
I haven't broken even or made any gains. I'm curious if anyone in our community has actually achieved profitability through gambling. If yes, we can calculate that how much percentage of us are profitable.
I know most of the people pay to win and deposit to recover previous losses.


I'm a hobbyist and a seasonal gambler. And I have a terrible luck. So, yes I'm in loss.
I've been gambling online for the last 12 years and there were multiple of platforms, strategies and analysis I've done. Had many wins and loss but the thing that turned my balance sheet heavily towards red is rage betting. And I still believe that if proper research have been done, you stay strict to your gambling strategy, have a good enough bankroll and most importantly don't rage bet, you can have both of the thrill and profit while gambling.



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.BIG WINNER!.
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November 18, 2023, 11:58:06 PM
 #47

I'm in loss. I was able to turn my $3 worth of Shiba got through bonus into $113 but I wasn't able to keep up the win continue. In one of the statment I came accross an user suggesting when you're able to multiple twice the capital you're on profit and make use of the winning. I could've followed it, and that's true when we go for big win we loss everything.

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November 19, 2023, 12:46:22 AM
 #48

Without any doubt, I am still Red.
There are chances when I won I withdrew some funds but that is not enough to cover my previous losses especially after I became a VIP. It's like instead my chances get high to win, it became lower and it's been months now that I am not able to win a good amount that is decent enough to be withdrawn.

The sports betting thing though helps me to increase my funds so I think I am going to stick to that for now because the casino games won't even give me something that I could say I am a winner. I'd rather do analysis than wait for my luck to come which I don't think will happen soon.

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November 19, 2023, 01:08:27 AM
 #49

I have noticed some individuals claiming to be successful in gambling.
but, my personal experience with online gambling platform over the past 8 months has been consistently unprofitable
I haven't broken even or made any gains. I'm curious if anyone in our community has actually achieved profitability through gambling. If yes, we can calculate that how much percentage of us are profitable.
I know most of the people pay to win and deposit to recover previous losses.

write in this format:
Code:
Context:
[color=green]YES[/color] [color=red]NO[/color]
I don't know what the exact answer is if we are in a position between profit and loss. I am in that position right now, I am no profit and no loss. I am prepare $500 to gambling in begining of year, I just play until last month, and my money still on $500. sometimes there are $200 left, and I play it again until I got $500 and stop it. And sometime I play it and got $1000, but afterward I loss again and leaving it again $500 on bankroll. it goes on continuously all this year.

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November 19, 2023, 01:45:19 AM
 #50

I have noticed some individuals claiming to be successful in gambling.
but, my personal experience with online gambling platform over the past 8 months has been consistently unprofitable
I haven't broken even or made any gains. I'm curious if anyone in our community has actually achieved profitability through gambling. If yes, we can calculate that how much percentage of us are profitable.
I know most of the people pay to win and deposit to recover previous losses.

write in this format:
Code:
Context:
[color=green]YES[/color] [color=red]NO[/color]
after I read people's answers in this thread, it seems like people's experience more losses than profits, and yes, that's how gambling works, they run a business to make bigger profits and the people who are truly lucky in their gambling are only a few people out of the large number people who use gambling maybe the percentage is 2% of 100%.

my own answer is NO
I don't make a profit because I experience more losses but I can't calculate my losses for sure but what is clear is that I feel that the luck I get is not worth the money I have spent so far but I enjoy my gambling happily and not too much think about the money have lost and don't try to chase losses.

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November 19, 2023, 01:47:54 AM
 #51

Long time profit, probably NO

But with my new experiment YES again.

Yesterday i wasn't because i crashed from very high, and tonight i quickly made it back. Now i am not sure what to do to grind some more. I know i don't have enough yet so i can cash out, i just need to make more. I have a system but i am not at all trusting my system. It's most likely all luck and i have been very lucky. This time i won't be leaving my bets playing over night just to see my loss on the morning.

I know it doesn't even matter but i guess i am little superstitious and i don't like to wake up broke if my system stops working again.

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November 19, 2023, 01:51:49 AM
 #52

I have noticed some individuals claiming to be successful in gambling.
but, my personal experience with online gambling platform over the past 8 months has been consistently unprofitable
I haven't broken even or made any gains. I'm curious if anyone in our community has actually achieved profitability through gambling. If yes, we can calculate that how much percentage of us are profitable.
I know most of the people pay to win and deposit to recover previous losses.

write in this format:
Code:
Context:
[color=green]YES[/color] [color=red]NO[/color]
I don't know what the exact answer is if we are in a position between profit and loss. I am in that position right now, I am no profit and no loss. I am prepare $500 to gambling in begining of year, I just play until last month, and my money still on $500. sometimes there are $200 left, and I play it again until I got $500 and stop it. And sometime I play it and got $1000, but afterward I loss again and leaving it again $500 on bankroll. it goes on continuously all this year.

In that case I can say you're fortunate to at least maintain your initial capital. Because even you already lose before, you still managed to recover it back.

In my gambling journey, i'm not really in profit. This is also the main reason why I limit myself now on how often I gamble. And I also make sure that the funds that I will use is a throw away money, I mean that's what I can afford to live without. Well, in the past, it's not always about losses because there are times somehow that I got lucky to profit. But if I will calculate it all, well it's still in red.

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November 19, 2023, 02:15:09 AM
 #53

I am in the red, but not for much I think, since I am rather a casual gambler who cannot put much at stake at the same time. I am not sure for what amount I am losing to casinos but I would not say it goes beyond a hundred or so.
I would say most of the people in this section of the forum is not having a profitable experience in casinos, and that is how it is supposed to work, isnt it? In the end, a majority of gamblers will experience losses, so the casino so cover its own operational costs and also increase their own bankroll in order to pay a lucky gamblers who happens to hit a jackpot.

Also, I would personally advice anyone who considers themselves to ve a successful gambler not to share the amount they have managed to earn, it is a common sense mistake to let others on the internet know about your wealth.

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November 19, 2023, 04:14:47 AM
 #54

I haven't addicted myself that hard in gambling but so far I have profited up to $50 sportsbetting max. Moreover, as a student, I do not give much importance to gambling but try to avoid gambling as much as possible. I think that when I have enough time after my studies, maybe I can spend some time with gambling, but I will try to do whatever it takes to protect myself from the social ill effects of gambling. And the gambling profits I had up to that 50 dollars, then I stopped gambling.


YES anNO

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November 19, 2023, 05:52:08 AM
 #55

Just 8 months you are complaining that you have not see any gain, I gamble more than 1 Year and some months before I succeeded to earn a huge amount of money that helps me to recover all my losses and, money don't dry in my bank account for gambling because I do gamble $4 daily and enjoying what am earning.

You don't need to worry, if you are not profit now but just have it in mind that some day you will achieve profit that will make you believe that gambling is good when you are not addicted to it, because the moment you are addicted to gambling, there is no way you will enjoy your profits because any money you save will be going to gambling and your target will be in billions which you will never achieve in gambling.

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November 19, 2023, 06:07:18 AM
 #56

This is going to be difficult to absolutely answer or even get the answer because I am not sure that people are going to be keeping a record of their gambling wins or maybe there are gamblers out there that are keeping a record but it is a tedious process so I highly doubt there is anyone that can accurately say that they profit. Of course anyone can say that they have made a profit because they are still gambling now but if you really want the accurate answer to that question then a full history of your gambling activity will have to be listed to see if you have really profited from your gambling since the beginning.



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November 19, 2023, 06:08:32 AM
 #57

there is no profit that you can get from gambling and this is a gambling business that profits the gambling owner who pays for the user losses with pleasure.

what I say is logical thinking and in fact that is gambling and I will never believe a gambler admits that he is a successful gambler unless he is a gambler who plays games that rely on skill such as poker which relies more on skill than luck and it all depends on how much his expertise in being able to get consecutive wins from the poker game and there are many examples of successful poker gamblers.

and the scenario I said would never believe in successful gamblers in gambling, especially slot games which are truly luck based as well as other games which have random numbers or depend on luck even in sports betting one still depends on luck because there are always surprises in every game.

I am sure from what I said some people will understand what I mean and I will answer "no"

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November 19, 2023, 06:09:30 AM
 #58

It's quite challenging to believe someone who claims to be consistently profitable in gambling. Making consistent money in gambling has been an ongoing problem. When we talk about profit, it implies a long-term approach, considering it as a journey with income and expenses contributing to the overall profit. However, despite the belief that it's possible to be profitable in gambling, the reality is that most of us aren't.

Speaking for myself, I'm not among the savviest gamblers out there, so I'm not making a profit. I'm more on the side of covering expenses and having a bit of fun, you know.

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.Duelbits.
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November 19, 2023, 06:12:30 AM
 #59

Yes, take a look at my recent post. I have been very profitable by only placing matches I am 100% confident in.
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November 19, 2023, 06:13:09 AM
 #60

Do we need to profit? LOL

Honestly, the most of us are not in profit if we are going to talk about it with gambling. But if we are going to talk about our profits with holding crypto, most of us will agree to say that we are in profit.

So, that is the statistics if you will take a poll here, the answer of the majority is negative.



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