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Author Topic: Are you in profit?  (Read 835 times)
dimonstration
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November 20, 2023, 05:03:57 PM
 #121

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 +

Simple men, If you are not rich yet then you are in loss.  Grin

Seriously, It’s really hard to calculate your total profit/loss since you start gambling because you probably use different currencies that already change value a lot by the time you are playing.

But I’m sure you will remember your biggest lose and wins which you can use as reference to tally what’s your final output. This is what I’m doing to determine my current stats on gambling.

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November 20, 2023, 05:22:33 PM
 #122

Hey bro I will say I have also been in lost for the past 5 months I never made winning for long and this often happens to me whenever I bets on multiple games and it would always occurred to me that I will lost either the last match after all might have successfully played. Sometimes I began to wonder if actually I am being monitored overall and overtime been, its actually hard to have winning while betting on multiple game and I tried to go on single games but I still finds it very difficult to win and the matches always goes against me.
Winning is not that easy after all and that’s why I limit myself with Gambling since I know, its more about the losses than to actually make something out of it. If you are going to monitor your gambling activities make sure that you are ready for it because losses can make you stress especially with gambling. Just be more responsible and don’t expect too much in gambling because profit is not guaranteed here.
One thing we must know is that Whomever that is ready to gamble should be more ready for loses because gambling is more Of losing one's money than making profits, let say if you gamble through out the year there is every possibility and likelihood that you would only win once or twice in a year this is based on if you are a regular gambler. But irregular gambler may not have that chances to win even single in a year because it's said the more you gamble the more closer one becomes to winning.

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Fivestar4everMVP
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November 20, 2023, 05:24:28 PM
 #123

I am very much in the Red area when it comes to my overall profitability in gambling, and I will be completely damned to say otherwise.

Though I've learnt to consider this not a big problem actually, since overall, my loses in gambling have not affected my finances in any notable or noticeable way, I try as much as possible to only play gambling with an amount of money I know I can comfortably lose, and this 99 percent of the time always involves very tiny amounts of money like between $0.5 cents to $10, and sometimes, I only lose this amount once or twice in a week, or at most, 3 times.

So, even if I haven't made any profit in gambling generally, my loses doe not have any noticeable negative impact or effects on my finances.

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rahmad2nd
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November 20, 2023, 10:19:49 PM
 #124

At least for me now, it's no use calculating profits and losses. Let me tell you a little about my experience, if I calculate how much I lost due to gambling, especially in the past. I don't know how much money I spent at the gambling table, it's definitely not a small amount. Well, now the question actually contradicts the title of this thread. Do I have to calculate past losses even if they happened a decade ago? and now, I am involved in crypto casino gambling. Long story short, before I didn't have a greater understanding of gambling, what responsibility was and what self-control was. The point is, I act as I please to carry out gambling sessions. as a result, do I make a profit? It's clear, the answer is not at all.

Now, I am involved in the world of crypto casinos. however, after going through various processes, experiences and so on. I have a slightly more extensive understanding of gambling itself, which brings responsibility along with self-control. Apart from that, the importance of knowledge for me. especially sports gambling. I have to know the various aspects related to it, as well as other variables. why, the answer is simple, which gambler wants to always lose in his gambling, 99% will answer no. Therefore, what should we do so as not to experience defeat? knowledge and science are needed, so that we can think as we should. then the question is, do you make a profit? refer to this thread. The answer is very varied, depending on how we think. If we sum it up as a whole, almost most will answer no. then, why still gamble?, if it's really detrimental.

For me it's simple, yesterday is the past, today is what we live, tomorrow is a mystery. Likewise with gambling, we cannot predict when we will get a profit, let alone a jackpot. Today I lost, tomorrow maybe not. This hour I win, the next minute nothing is certain. The point is, it depends on how we treat gambling itself. if you lose, you should stop. because it's no longer fun. On the other hand, if we win, there is still tomorrow, we can have fun with it. So, I don't need to calculate profit and loss for now, let alone question whether I made a profit. the answer, not certain and not important for most people, is as simple as that.

Anyway, everyone has their own way of thinking and opinions. what I say, not necessarily people will agree.

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bettercrypto
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November 20, 2023, 10:56:44 PM
 #125

Hey bro I will say I have also been in lost for the past 5 months I never made winning for long and this often happens to me whenever I bets on multiple games and it would always occurred to me that I will lost either the last match after all might have successfully played. Sometimes I began to wonder if actually I am being monitored overall and overtime been, its actually hard to have winning while betting on multiple game and I tried to go on single games but I still finds it very difficult to win and the matches always goes against me.
Winning is not that easy after all and that’s why I limit myself with Gambling since I know, its more about the losses than to actually make something out of it. If you are going to monitor your gambling activities make sure that you are ready for it because losses can make you stress especially with gambling. Just be more responsible and don’t expect too much in gambling because profit is not guaranteed here.
One thing we must know is that Whomever that is ready to gamble should be more ready for loses because gambling is more Of losing one's money than making profits, let say if you gamble through out the year there is every possibility and likelihood that you would only win once or twice in a year this is based on if you are a regular gambler. But irregular gambler may not have that chances to win even single in a year because it's said the more you gamble the more closer one becomes to winning.

That's right, those gamblers who say that they often win probably either have a gambling addiction or they often gamble too. Then we should also be ready when gambling; we can't just hang around and watch. We must have dedicated money to play games here at the casino we will enter online.

I rarely play gambling, so I rarely win, but even if I play only once, there are times when I win immediately at the casino. I play online, and then I win around 20–30 dollars. I immediately cashed out the money I won.



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November 21, 2023, 02:39:06 AM
 #126

One thing we must know is that Whomever that is ready to gamble should be more ready for loses because gambling is more Of losing one's money than making profits, let say if you gamble through out the year there is every possibility and likelihood that you would only win once or twice in a year this is based on if you are a regular gambler. But irregular gambler may not have that chances to win even single in a year because it's said the more you gamble the more closer one becomes to winning.
In fact, gambling provides more losses than profits, and we must also be prepared to lose money in gambling if we participate in this activity.
The more often you gamble, the more often you experience losses. It is impossible for the casino to provide a profit if the gambler carries out the activity too often. In fact, the casino feels happy for the gambler to spend his money to continue gambling. doing it once in a while will bring you closer to profits if you can use it by using the skills you have or using strategies used by people's who are successfull in gambling.



I rarely play gambling, so I rarely win, but even if I play only once, there are times when I win immediately at the casino. I play online, and then I win around 20–30 dollars. I immediately cashed out the money I won.

yes, that's why gambling games are called games of chance, not necessarily those who gamble continuously can get lucky because the level of winning is obtained randomly. We must have heard of someone who won a large gambling amount even though they bet a small amount so we can judge that gambling does not necessarily give us hope of winning even though we have spent a lot of money gambling.

Your attitude of immediately stopping after winning, whatever the result, is indeed the correct attitude and should be done by other gamblers so that you don't lose back the money you have earned in gambling and don't get too carried away when you win, control yourself so you don't continue gambling. .

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November 21, 2023, 03:04:40 AM
 #127

I've heard the stories about people hitting it big, but those are the special cases in my opinion. 

Even tho after winning big we sometimes do bet again and hope to win another big amount again.  Tho I actually see people profit from user stat in bitvest but I dont know for how long this gonna last

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November 21, 2023, 03:11:19 AM
 #128

The percentage of winners in gambling is lower than those who lose, you may be one of the people who are unlucky in gambling, including me and several other people who have commented here. This scheme has always been and always will be like this because this is how the casino maintains its business. Imagine if the number of people who win is greater than those who lose, how the casino pays its employees' salaries, taxes, electricity and other accommodation costs.

We always hear or even pass by people who have just won big wins, this incident is only a small part compared to those who lose. lucky and unlucky can approach anyone in gambling, sometimes you feel curious about a big win so you want to keep playing even though the chance is very small.

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November 21, 2023, 03:40:22 AM
 #129

The percentage of winners in gambling is lower than those who lose, you may be one of the people who are unlucky in gambling, including me and several other people who have commented here.

If we talk about long term, there are no winners in gambling, if we understand casino games as such. After so much time in the forum and visiting this section I see that there are a lot of people who do not understand such simple concepts as House Edge or Expected Value. In casino games you can come out a winner one session, or several, winner in the short term, but the bigger the sample, the more times you play, the loss of money with respect to the money wagered becomes inexorable.

I am in long term profit but because I mainly play poker and there is no House Edge. On the other hand, I can make plays with positive expected value.

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November 21, 2023, 03:49:18 AM
 #130

Quote from: dansus021
Quote from: decodx
I've heard the stories about people hitting it big, but those are the special cases in my opinion. 

Even tho after winning big we sometimes do bet again and hope to win another big amount again.  Tho I actually see people profit from user stat in bitvest but I dont know for how long this gonna last

Nobody can predict his profits in the gambling center, because it can come to today to win big in your betting but if you are not careful you can spend everything to gambling without going home with something which is the mind set of some gamblers in the community. Once I win big in my gambling at the moment, that is the end of gamble on that day until the following day before I will gamble again which it will allow me to have a good plan for the one I won to use the money wisely. If you are good in gambling you can last in some years in profits making but the amount of the profits will not remain the same like the way some people use to receive the same amount in their working place through out their living in that organization.

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November 21, 2023, 04:00:24 AM
 #131

I don't really pay attention to whether my gambling activities are profitable or not, but from the calculations I did on my deposits and withdrawals I can say that it was a little profitable, so yeah I can say YES my gambling activities are profitable even though not too much. I don't know whether my luck is good or not, because the type of game I play is slots and there is no strategy whatsoever, I just play for entertainment and that's it, not to chase profit or anything, just pure entertainment.

R


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November 21, 2023, 04:46:54 AM
 #132

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.
Like most gamblers who can't give an answer about feeling rich in gambling games, I also experienced the same fate. Not everyone gambles not to make money, but there are some gamblers who hope to make money from gambling, even if it's small, even though in reality gambling doesn't really make money.

Gambling will not give players a great opportunity to frequently press the withdrawal button even though they have made a lot of deposits because the main aim of the gambling system is that they are always in a profitable position to be able to survive for years.
When I and other gamblers know the gambling system, why not stop gambling? the answer is that I and most people think that gambling will not give you wealth.

R


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November 21, 2023, 04:51:58 AM
 #133

One thing we must know is that Whomever that is ready to gamble should be more ready for loses because gambling is more Of losing one's money than making profits, let say if you gamble through out the year there is every possibility and likelihood that you would only win once or twice in a year this is based on if you are a regular gambler. But irregular gambler may not have that chances to win even single in a year because it's said the more you gamble the more closer one becomes to winning.
In fact, gambling provides more losses than profits, and we must also be prepared to lose money in gambling if we participate in this activity.
The more often you gamble, the more often you experience losses. It is impossible for the casino to provide a profit if the gambler carries out the activity too often. In fact, the casino feels happy for the gambler to spend his money to continue gambling. doing it once in a while will bring you closer to profits if you can use it by using the skills you have or using strategies used by people's who are successfull in gambling.
Yes that's right, the losses experienced by players tend to be greater than the winnings obtained. And you can be sure that it will also be difficult to get a win that is said to be "promising" like the advertisements that are widely posted on every gambling site, even though it is only an attractant for people to play on the site. Because casinos are also created to make money, not to double money after all if they get a profitable win it's just a bonus given by the casino to the players, and as you said the casino feels happy if the gamblers spend their money to continue gambling.
But is there really an accurate strategy to get a win?
As you said, "using strategies used by people who are successful in gambling". I thought gambling was just about luck, but if there really is an accurate strategy there shouldn't be many people who lose money in gambling. Maybe using the strategies used by successful people can minimize losses and can bring victory easily, but are those who are successful apart from the luck that brings them to success by gambling?


I rarely play gambling, so I rarely win, but even if I play only once, there are times when I win immediately at the casino. I play online, and then I win around 20–30 dollars. I immediately cashed out the money I won.

yes, that's why gambling games are called games of chance, not necessarily those who gamble continuously can get lucky because the level of winning is obtained randomly. We must have heard of someone who won a large gambling amount even though they bet a small amount so we can judge that gambling does not necessarily give us hope of winning even though we have spent a lot of money gambling.

Your attitude of immediately stopping after winning, whatever the result, is indeed the correct attitude and should be done by other gamblers so that you don't lose back the money you have earned in gambling and don't get too carried away when you win, control yourself so you don't continue gambling. .

If they play with the aim of doubling their money, of course they will spend more money because of the losses they will always get than the wins they will get. If you are lucky, by betting a small amount you will get a big win, and vice versa, no matter how big the amount bet will not guarantee an easy win if you are not lucky, in the end you will still lose or run out.

It is true, they should stop when they get a win, so as not to experience greater losses, but unfortunately not all gamblers can do this, many of them follow their own emotions when playing so that they experience large or large losses.

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November 21, 2023, 05:07:47 AM
 #134

In the beginning of gambling I lost a lot of money but now by changing my gambling strategy I am very successful in gambling and if I consider the profit and loss of the last six months my profit is more than my loss. That is, I can say according to the statistics of the last six months that I have gained money by gambling compared to losing money. In the beginning I was very much addicted to gambling and gambling was a big thing for me but I didn't think about how I would be successful in gambling. Later when I realized my mistakes and after realizing those mistakes I made some changes in my gambling strategy and when I caught those changes I became successful in gambling till now. I think my technique will improve in the coming days but never worse.

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November 21, 2023, 05:41:55 AM
 #135

In the beginning of gambling I lost a lot of money but now by changing my gambling strategy I am very successful in gambling and if I consider the profit and loss of the last six months my profit is more than my loss. That is, I can say according to the statistics of the last six months that I have gained money by gambling compared to losing money. In the beginning I was very much addicted to gambling and gambling was a big thing for me but I didn't think about how I would be successful in gambling. Later when I realized my mistakes and after realizing those mistakes I made some changes in my gambling strategy and when I caught those changes I became successful in gambling till now. I think my technique will improve in the coming days but never worse.

it's amazing you are making profits from gambling, this activity come out deadly for many people.
do you play provably fair games, live casino games, or bet on sports? from which games you are able to make profit?
and you said you changed your strategy, is it strategy like we play on autobet type or you are saying strategy to your actions like playing some games which you know, how to control mind while losing, etc.
we need your tips and tricks so we can win too.
2Pizza410000BTC
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November 21, 2023, 05:54:43 AM
 #136

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 claim myself as a successful gambler on the gambling platform. Because I deposited 0.749 mBTC before the start of ICC Cricket World Cup 2023. I won every bet because I was a bit experienced about the sport. I have won every match I bet on this World Cup and made 2.0368 mBTC from 0.749 mBTC. But I didn't want to take too much risk so I withdrew all my funds. Currently I am on a complete break from gambling platforms. I will participate in betting again when the sport starts.


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November 21, 2023, 06:00:34 AM
 #137

Most gamblers are in the red. The only way for most to be in green is by betting once, winning, and quitting forever but what's the fun in that? Me personally, I would say i'm in the red, but I'm not betting a million dollars either.
When people play gamble and all they can have as a result is lose, the best thing is either to give a break or reduce the rate at which gambling is played.  Consistent playing of gambling and when the result still comes out as lose is not the best, it is a strategy of losing money .

 When people keeps losing consistently in gambling it means something is not going well, at this point it is to have a break to check what could be the problem of the constant lose. Most times one of the reasons for steady lose is gambling could be lack of understanding,  people just come into gambling just because they want to make money quick, but when the result of lose is becoming much the best thing is to just have a break to stop wasting money.

R


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November 21, 2023, 06:52:58 AM
 #138

Most gamblers are in the red. The only way for most to be in green is by betting once, winning, and quitting forever but what's the fun in that? Me personally, I would say i'm in the red, but I'm not betting a million dollars either.
When people play gamble and all they can have as a result is lose, the best thing is either to give a break or reduce the rate at which gambling is played.  Consistent playing of gambling and when the result still comes out as lose is not the best, it is a strategy of losing money .

 When people keeps losing consistently in gambling it means something is not going well, at this point it is to have a break to check what could be the problem of the constant lose. Most times one of the reasons for steady lose is gambling could be lack of understanding,  people just come into gambling just because they want to make money quick, but when the result of lose is becoming much the best thing is to just have a break to stop wasting money.

Maybe I'm luckier than you, but I stopped playing for a long time when I lost a lot. When I first started playing, I didn't understand anything about gambling, and now I know a little bit. Perhaps knowledge of gambling also accounts for a higher winning rate. I don't know if I will continue. I will lose all the rewards I have, or if I will get more.
But now I feel very comfortable gambling. A good mood will help me win more. I won't stop gambling. Whether I win or lose, it's fun.

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November 21, 2023, 07:44:41 AM
 #139

If your gambling experience is unprofitable keep gambling for fun, you will be profitable when you don't expect it, that's why it's important to set limit for yourself, always use entertainment money for gambling only and move on with your life goals, gambling might not be profitable for you now but your luck will come someday, and they only way you can get to see such day is by risking only what you can afford to lose.

What I can't seem to wrap my head about in gambling is that even if you keep winning right now since you won't stop to gamble it's possible that you will lose for a long period of time that will make you feel like you've lost all your win back to casino again, if gambling is winning and quitting then I can say that it's true profit but you continue to gamble looks like you aren't a true winner until you win and stop.

From my own gambling experience I have some days and most times losing days, I won some money week ago that's enough to cover 6 weeks of gambling if I choose to do so, and with what I have lost in the past I believe that I did very well, but I got to see this profit because I don't give up and the reason why I don't give up is because of the tinny amount that I risk on gambling, it's not close enough to make me feel regrettable when I lose the amount.
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November 21, 2023, 09:53:58 AM
 #140

At least for me now, it's no use calculating profits and losses. Let me tell you a little about my experience, if I calculate how much I lost due to gambling, especially in the past. I don't know how much money I spent at the gambling table, it's definitely not a small amount. Well, now the question actually contradicts the title of this thread. Do I have to calculate past losses even if they happened a decade ago? and now, I am involved in crypto casino gambling. Long story short, before I didn't have a greater understanding of gambling, what responsibility was and what self-control was. The point is, I act as I please to carry out gambling sessions. as a result, do I make a profit? It's clear, the answer is not at all.

If you look at your experience, it seems that 99% of people experience huge losses with their money spent on gambling if you look back from the beginning of their gambling until now that they are still gambling, and 1% of people who benefit from gambling, even though they have been gambling for a long time, but the benefits they get are unlikely to be large and not equivalent to the losses they have felt from the beginning they joined gambling. Many people gamble as they please, and I think that's a natural thing. Because the money used in gambling is also their own, so there is nothing wrong with it, even though in the end it is losing and there is also the possibility of losing a lot instead of winning. 
Apart from that, casinos or bookies do not want to get losses, so as much as possible they will make players spend their money on gambling. Because basically, the bookie is happy with players who spend their money on gambling because it is profitable for the bookie, but what happens to the players?
 it's their own risk of being deceived by the guarantee of easy wins. So it is natural that gamblers get more losses from the beginning of their gambling.

Now, I am involved in the world of crypto casinos. however, after going through various processes, experiences and so on. I have a slightly more extensive understanding of gambling itself, which brings responsibility along with self-control. Apart from that, the importance of knowledge for me. especially sports gambling. I have to know the various aspects related to it, as well as other variables. why, the answer is simple, which gambler wants to always lose in his gambling, 99% will answer no. Therefore, what should we do so as not to experience defeat? knowledge and science are needed, so that we can think as we should. then the question is, do you make a profit? refer to this thread. The answer is very varied, depending on how we think. If we sum it up as a whole, almost most will answer no. then, why still gamble?, if it's really detrimental.

Of course, there are many aspects that must be studied in order to reduce losses or risks, so that perhaps you can get profits more often, even if they are small. But that's not a problem, as long as it's profitable you can continue doing it, but if you continue to experience losses, please don't continue, it's better to try other things that can be profitable with risks that aren't too high or risks that are easy to deal with with solutions that are easy to get too.
All gamblers want big wins, especially those who think they can get rich quickly by gambling. say 100% all gamblers want big profits, including people who gamble wisely, even if they gamble with good limits and self-control, they definitely also want big, profitable wins. What I saw was that there were so many letters that answered "No", that they were still gambling, perhaps because they were still holding out hope for a big win to be won. But I don't know, I'm just guessing, besides, even if they are asked, most of them will answer with a lie, because someone who is addicted tends to be embarrassed by admitting that they are addicted to gambling.

For me it's simple, yesterday is the past, today is what we live, tomorrow is a mystery. Likewise with gambling, we cannot predict when we will get a profit, let alone a jackpot. Today I lost, tomorrow maybe not. This hour I win, the next minute nothing is certain. The point is, it depends on how we treat gambling itself. if you lose, you should stop. because it's no longer fun. On the other hand, if we win, there is still tomorrow, we can have fun with it. So, I don't need to calculate profit and loss for now, let alone question whether I made a profit. the answer, not certain and not important for most people, is as simple as that.

Anyway, everyone has their own way of thinking and opinions. what I say, not necessarily people will agree.

It is difficult to predict gambling to benefit easily even if he has been gambling for a long time or let's call me experienced and can be said to be professional. I think someone who insists on getting a big win or jackpot will not easily get a big win, so do you mean there is a matter of luck?
It's true what you said, when they lose they should stop, but what I know is the fact that when they lose, instead of stopping, they will get upset and go back to gambling with the aim of reversing the loss they felt. It is unethical to gamble by calculating profit and loss, because basically gambling is only for entertainment not for profit, even if you get profit it is only a bonus.
True, everyone has their own right to choose what they want. Because they also have their own thoughts so they themselves will determine what is good for them and what should be avoided. All back to themselves who will determine the future.

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