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Author Topic: Are you in profit?  (Read 812 times)
Oilacris
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November 19, 2023, 10:41:01 PM
 #101

Context:

NO

I play for fun, and even if I tried to think about impossible things like making a profit with games of chance, in practice (playing) I would lose and end up with losses, so it's useless and unproductive and not worth thinking about playing with the intention of having profit in gambling, when a person has this type of thinking, it is difficult for the person to accept defeats and loss of money and always focuses on putting more money into gambling and recovering the money they lost. I say this because I remember that when I started making sports bets I had a lot of illusions, thoughts like: I'm going to deposit

but strangely, when I thought about giving up and not making a bet for a long time, I made my last bets and won and with that I recovered all my money and left with a profit and stopped playing, years later I started playing again and there are times I win and times I lose, but looking at the statistics, I have a lot of losses, as I play just for fun, it doesn't hurt me. I also don't feel sad about my losses, I look at them as part of the game and my fun, I don't play using money that I can't afford to lose, I play in moderation and to keep myself in control I don't play all the time, there are many times when I don't place bets and limit myself to just following the results of the games
Would like to say the same thing on which we do only play for fun and even if you do know that you are at loss but well it doesnt matter as long you do play for fun and this is something very usual
that we do have or must have on personal basis  rather than on making yourself that hoping that much on making money with gambling because this is where desperation do comes from
until it would really be making you that getting derailed on what you should gonna supposed to do. Profit is really just that a bonus on the entertainment that you had able to get.
You wont really be able to make yourself experience problems of addiction if you do really just stick into the idea that you should really be just only playing for fun
and not to making it as a source of income on which usually most gamblers are really targeting into.
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Nwada001
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November 19, 2023, 10:49:02 PM
 #102

I don't even think about counting my profit and loss in gambling; maybe I should start giving it a try since I really don't expect anything big from it and I don't depend on it for survival.

I just don't think it was necessary for me to start thinking about how much I have made from it. Come to think of it, how much do I even spend on gambling on a daily basis? I can count that even without giving it a second thought, because I don't gamble on a regular basis.
 
Those who said they have made it through gambling, which I have seen a few of and have also read about a few of them too, which is their luck.

Everyone has something to focus on, and gambling is not just one of the things I see as a means of earning, so I don't give much attention to whether I make a little profit from it or not, but I will probably give it a few tries and see if it's worth the record and checking.

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November 20, 2023, 02:39:32 AM
 #103

Yes, that's good advice, basically if we've won it's better to secure the money and enjoy the winnings for other things, it's better because anyway all you want is victory, right? Therefore it is better to go to enjoy it immediately than to continue your gambling based on greed for bigger wins, you must understand that this is gambling where the final result is always unpredictable and maybe you also already know  that usually what often happens is defeat. On the other hand, in my opinion, a real win is a win that you can enjoy, and always set limits because that's the only thing that can help you.
I always apply positive things in every gambling win, withdraw profits and leave gambling to enjoy daily winnings, when you have withdrawn funds then that is the real profit you get from betting, the opinion of other gamblers says never follow greed to chase bigger profits if you don't want to completely lose the winnings you have obtained.

I haven't calculated my accumulated gambling history, but according to estimates I haven't gotten high profits from gambling, because I target low profits from daily bets and some bets also experience losses, but I minimize losses by only using half of the daily fund limit for gambling.

Yes, it's not bad, but unfortunately not all gamblers can do this even though they should do it like that, so maybe they won't lose a large amount of money. But before doing things like you said, there must be self-control first so that you can do what you said, because if they pull it and can't control themselves, they can go back to playing again and return to gambling at the same time because high curiosity makes them want to gamble again.

There are those who play using minimal funds but when they play their funds go up because of small wins gradually, a wise person or one who can control himself will withdraw his small winnings no matter how small the winnings he gets, while it is profitable it is better to withdraw it. And I think people who play like this are smart, with frequent play and always get small wins and also always withdraw them. So they are only looking for gambling capital again or for their snacks, so they don't pursue big wins with risks that can result in losing large amounts of money.

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November 20, 2023, 03:07:51 AM
 #104

If you see a streamer or influencer always winning and being successful, you are trapped in their marketing. Isn't it often discussed in this forum that streamers and influencers collaborate with casinos so that what you only see are their wins and success stories, I personally never think about winning when gambling, let alone think about how to make a profit, let alone recover the money you have lost.

I understand the risk of gambling, namely losing a lot of money, so I will not think that I am wasting money by gambling, I always think that I am playing a fun game and I pay for it and then leave when I feel happy, so I don't think that I am making money from gambling , just thought I could relieve stress from work on the weekend by gambling, so don't expect you to make a profit  Grin

        -  The influencers or streamers who show that they win a lot of money gambling are really just bullshit, but they don't show anything that they actually cashed out of their account from the casino they are promoting. So I agree with what you said.

Also, I think a lot of gamblers today are doing the same thing you are doing when you gamble right now. Because that's what a responsible gambler should do in reality.

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Hirose UK
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November 20, 2023, 03:58:57 AM
 #105

If you see a streamer or influencer always winning and being successful, you are trapped in their marketing. Isn't it often discussed in this forum that streamers and influencers collaborate with casinos so that what you only see are their wins and success stories, I personally never think about winning when gambling, let alone think about how to make a profit, let alone recover the money you have lost.

I understand the risk of gambling, namely losing a lot of money, so I will not think that I am wasting money by gambling, I always think that I am playing a fun game and I pay for it and then leave when I feel happy, so I don't think that I am making money from gambling , just thought I could relieve stress from work on the weekend by gambling, so don't expect you to make a profit  Grin

        -  The influencers or streamers who show that they win a lot of money gambling are really just bullshit, but they don't show anything that they actually cashed out of their account from the casino they are promoting. So I agree with what you said.

Also, I think a lot of gamblers today are doing the same thing you are doing when you gamble right now. Because that's what a responsible gambler should do in reality.
That absolutely true, but most gamblers don't think about it and especially those gamblers who are still relatively new, of course they really trust an influencer that they can always win, even in large amounts.
This kind of thing creates the desire to be able to get the same win or profit, but in reality, when gamblers try to get the same thing, they end up experiencing bad luck with various losses.

But there are still many gamblers who come to look for number of benefits, not just to look for fun and leave when they get it.
Just look at the many cases where gambler tries to recover his losses or really chases his winnings until they spend more money isn't this an attitude of someone who cannot use gambling properly.
It little surprising but there are still so many people doing this kind of thing.

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November 20, 2023, 05:51:05 AM
 #106

I can without a doubt say ==> NO

We know the old saying that says, if you continue gambling, then the house will eventually win..... well, that is applicable to me. I had won a few Jackpots in the past and it had kept me going for a few years, but over time.. I lost more than what I gained.  Tongue

We know casinos let's you win small amounts ....just to keep you gambling and there are a small amount of people that are winning those big amounts, but they are scarce.

We feel like that hamster in the wheel.... running but getting nowhere.  Roll Eyes Roll Eyes Roll Eyes

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November 20, 2023, 07:15:57 AM
 #107

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 can say that I was in a profitable situation, but it all happened because I was actively playing when there was a promotion from one of the casinos which at that time was my favorite and after that I decided to reduce my gambling activities because I was busy so it was difficult to have free time to play because I was not typical who gamble in between other activities, and I can say that if I continued to actively gamble with the same portion some time ago, perhaps I would also be in the same situation as you because gambling to make a profit is not an easy thing, and all gamblers certainly know this because gambling is indeed not to make money even though there are those who can do it but there are more who are not able to do it.

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November 20, 2023, 07:44:55 AM
 #108

Zilch, nada, zero, no profit.  Smiley
It is no longer a secret that the most of us are dwelling in losses. Whether we started late or not in gambling, that is for sure that we are all in losses. And to those that admitted that they are in profit, how much losses they have acquired first before they can say that they are in profit? That is a question that plays on my mind or they have already abandoned their record of losses and all they want to acknowledge is their profits. Because with everyone based on what they are saying, it is all about the losses that they have made. And  if it is not just all about boasting, they are doing a great job for retaining their losses and maintaining their profits ratio and winning accuracy but it is a fact that is hard to maintain.

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November 20, 2023, 08:02:18 AM
 #109

I can without a doubt say ==> NO

We know the old saying that says, if you continue gambling, then the house will eventually win..... well, that is applicable to me. I had won a few Jackpots in the past and it had kept me going for a few years, but over time.. I lost more than what I gained.  Tongue

We know casinos let's you win small amounts ....just to keep you gambling and there are a small amount of people that are winning those big amounts, but they are scarce.

We feel like that hamster in the wheel.... running but getting nowhere.  Roll Eyes Roll Eyes Roll Eyes

I think all gamblers should remember the saying you said, so as not to gamble excessively which will make them trouble themselves because of the bad effects of gambling.
And it is common to lose more than you earn, most gamblers experience that, the bookies successfully drain the finances of the players who eventually become addicted to playing gambling.

The small winnings that casinos provide are just a withdrawal technique for players so that they continue to gamble without thinking about their losses, and with small wins it makes them more confident to get big wins that will change their lives like people who are successful with gambling. I think gambling involves luck, and people who are successful in gambling can also be those who gamble with limits and wisely but because they are lucky so they get a big jackpot.

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November 20, 2023, 08:30:51 AM
 #110

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]

Gambling depends entirely on luck and experience. Because currently I myself have been in the red color for the past few days. I just won a few bets in gambling games and then won't win for a few days. But I faced many losses hoping to hit the jackpot but somehow my forehead was not good. And I can't take a break from praying for the last time just moaning at the loss. So I think with good luck and experience it is possible to win at gambling for some time.

I am currently facing a loss because I paid so many dollars to win the jackpot, but by no means did I have the jackpot on my forehead.

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Mauser
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November 20, 2023, 10:36:20 AM
 #111

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.


It’s hard for me to give a Yes/No answer here, because I have been gambling for many years now and didn’t always keep track of my gambling spending. Now looking back across online and physical gambling I would say that I am probably made a loss. I had a terrible night in Las Vegas 5 years ago where I gambled completely drunk and lost more than 1000 USD. Trying to recover such big losses takes a long time and there were other bad nights with losses. Only for the last two years I keep better track of my gambling spending. This year I am definitely up overall with my gambling balance, because I won a decent poker Sit’n’Go tournament.  Accumulating all profits across all different type of casino games and sports betting can be a bit misleading. Also including new bonuses in our calculation can seem than we are more profitable than our strategies actually are. If I had the time, I would like to break down my gambling career across all the different games and see where I lost and won the most money. Unfortunately, I don’t have the data for such a detailed analysis and also it’s a bit time consuming going so far back.
bounceback
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November 20, 2023, 01:37:27 PM
 #112

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.

In fact, apart from bookies or gambling platform owners, we hardly find anyone who can be successful from gambling, let alone online gambling. Logically, if it is true that playing gambling can make someone successful, perhaps everyone will definitely prefer gambling rather than earning an income through hard work. However, sometimes we have seen in the media that there are people who get rich from gambling, but most likely that person has big luck and of course luck will not come forever so if he continues to gamble then slowly he will also experience losing everything.
Gambling is not a place to earn income but only to have fun in your free time.

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November 20, 2023, 02:24:48 PM
 #113

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]

Become successful in gambling? I believe that gambling is all about luck. I have been gambling for more than a year, not even months, and I haven't been the lucky one yet. I used to gamble on Sportybet, where it can at times be even harder to win for me. Because of this, I have stopped thinking about becoming a successful gambler. Since I have know myself, I have never seen someone claim to have achieved success in life through gambling and to have given up gambling. I believe that it is difficult to succeed in gambling, and I have yet to meet someone who can honestly claim to have done so. This implies that the individual will never experience going broke again. Gambling only give a win to some problems for a times, if you are still lucky; recovering past losses are very difficult and will continue to lose if care is not taken.

R


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November 20, 2023, 02:46:03 PM
 #114

If you ask people about their profitability after playing gambling games, you will barely see anyone saying that they have been gambling for a long time and are still profitable because that is not possible unless the person is extremely lucky and manages to get a big win before they have lost the amount they have won in the last big win they had and that's extremely rare. So, as expected, I'm at a loss and I don't keep a count for that because I don't gamble for money and just for fun.

Sports bettors who have experience and knowledge about specific sports can be profitable in the long run if they know how they should make their bets and how to manage the winning and losing odds along with their base bets so that they stay profitable in the long run. That's why sports betting is better than gambling games.

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November 20, 2023, 03:00:03 PM
Merited by Kelvinid (1)
 #115

There is no profit gain from gambling other than enjoying the moment while you lose a huge amount and win some. Because it is undeniable that in gambling we often lose rather than win, yet having a good experience will somehow give us a reason why we keep on gambling even if we lose more. If we assume that all gamblers are in profit, these casino operators will file for bankruptcy but they don't as they are into making money rather than letting these gambler wins more than what they can make.



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November 20, 2023, 03:37:21 PM
 #116

Imho it is rather hard to calculate if I am in profit, because I barely remember my winnings, as I either gamble them, or withdraw and spent quickly and stupidly Cheesy But I am, and I think a lot of here also, remember mostly their losses. I am trying to say, that we can be in profit, win often, but we remember clearly how we lost. I general I think I am in profit, but I dont know how much I am in +

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November 20, 2023, 04:22:57 PM
 #117

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.

We all know that gambling is a risky activity and it's not a reliable way to make money and even people who claim to be successful gamblers are actually just lucky and some of them may be using tricks or strategies that don't work in the long run. Despite that we are not gambling to become rich or make it a source of income, staying over eight months without a cent profit while you experienced consistent lose is very discouraging no matter the level of joy and fun you derived in playing gambling. When you are playing and you gain but the casino collect it back again is understandable and the fun will continue but using your own funds to keep playing despite the consistent unprofitable experience is not advisable and the only one option here to consider is to stop gambling altogether and focus on your financial goals.

R


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November 20, 2023, 04:45:23 PM
 #118

Imho it is rather hard to calculate if I am in profit, because I barely remember my winnings, as I either gamble them, or withdraw and spent quickly and stupidly Cheesy But I am, and I think a lot of here also, remember mostly their losses. I am trying to say, that we can be in profit, win often, but we remember clearly how we lost. I general I think I am in profit, but I dont know how much I am in +
.

It is better that way, easier for you not to know whether you are in the red or green. So there will be no reason for you to chase losses or feel pressured to get more wins over the casino. You sound like a responsible gambler so far, so I assume you try to focus in the fun and not on the  unrealized profits wlhich you could have had if you ",just continued to play*.
If you happened to have a detailed register of all your sessions (like some gamblers do) you would feel more need to play and take some of the money you loss back. It has been stated before that  the house always wins in the end and neither you and I are the exceptions to that rule

Keep it fun and let go those satoshis you wager.

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November 20, 2023, 04:46:04 PM
 #119

NO

If someone say yes it means they're either not a regular gambler or they're lying, not a regular gambler is someone who gamble mostly when there's an interesting promotion or quit after making money, which is understandable and that's fine.

In general, I agree, but there are many exceptions - for example, someone who once won the jackpot and after that did not increase the size of his bet and the duration of the sessions. He can remain in the black for a very long time. And there are also professional bonus hunters, seekers of guaranteed bets, vulnerabilities, etc. They are also in the black, although this is a “special” type of gambling.

In conclusion, I don't feel that bad while gambling and losing while enjoying. So Yes again I'm in profit.
Dude, do you even understand what you're saying? you're talk like you're in lose, then suddenly say you're in profit lol.

It seems to me that he meant that he was satisfied with a small loss of money for the pleasure he received. A typical situation is when both the buyer and the seller believe that they have made a good deal.

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November 20, 2023, 04:51:26 PM
 #120

YES

This is because I dont gamble with the money, but I invest the money on the casino bankroll. Its like a savings account or a fixed deposit that you lock up and keep away from a year or so and when you are back you find yourself with a 10-20% profit. You could argue that one can do a 1.10x or a 1.20x on a casino and get the same in a couple of rolls, but again the second one carries a large risk on losing the money as well, which in bankroll investments on the long run does not have.

It takes patience and commitment to hold for long in order to do this but I have done this on many casinos and its worth it.

R


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