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Poll
Question: Are you in profit by gambling online?  (Voting closed: December 19, 2023, 06:26:25 AM)
YES - 7 (19.4%)
NO - 26 (72.2%)
EVEN - 3 (8.3%)
Total Voters: 36

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Author Topic: [POLL] Are you in profit?  (Read 272 times)
cafter (OP)
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November 19, 2023, 06:26:25 AM
Last edit: November 19, 2023, 08:07:01 AM by cafter
 #1

This is a poll for the thread quoted below,
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]

Discussion continues from here, Original thread is locked now.
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November 19, 2023, 06:37:45 AM
 #2

Let me be the first to vote, and my vote is "NO." I've already clicked on the poll too.

By the way, I'm a bit confused about the format. Is it green for all the text of my reply when my answer is "YES" and red if "NO"?

I might edit my post later, but just to clarify, my answer is no. I'm not ashamed because, like many others, I believe most of us aren't really profitable in gambling. We're still here because we enjoy it and remain optimistic that one day we'll turn a profit.

I usually bet on sports and they say it's a skilled based game and we can be profitable, but not in my case yet.  Smiley

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November 19, 2023, 06:56:31 AM
 #3

It looks like you forgot to lock your other thread @OP.

I vote NO.
I'm not in a condition that benefits from gambling but strangely, I still like gambling even though I lose. I consider that gambling is a pastime that uses money and I don't mind losing a few dollars gambling.
But if you intend to get big wins and lots of money from gambling, you will likely feel disappointed because gambling is not a place to make money.
You can gamble and have fun and after that, you have to leave the casino before you spend all the money.

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btc_angela
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November 19, 2023, 07:07:44 AM
 #4

I voted for NO.

Obviously, majority is on the losing end, unless we really hit some huge jackpot that might even up our loss. I remember one gambler though, he won a grand jackpot in a casino, however, he said that even though he won, he is still in the negative as he has been gambling since the mid 90's.

So overall, I don't think that someone will be in the positive if you have been playing for so long.

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cryptomaniac_xxx
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November 19, 2023, 07:12:11 AM
 #5

Count me in, I voted for No, as well. It's really hard to image that anyone will be profit if we have been gambling for so long. The probability will be against us. And probably the question is why are people still gambling and making casino owners rich but continuing to play? I guess gambling will be part of the culture or it could be innate to some individuals and then casino's playing with our psychology. So definitely it will be negative for us, but most likely we will continue to gamble, whether for fun and entertainment purposes. We might win some money if we get lucky, but it doesn't come very often. So if we win, then just enjoy it. Maybe buy somethings for you or for your love one and then live to play another day.
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November 19, 2023, 07:20:54 AM
 #6

I am the first YES to vote in the poll. I do not gamble excessively and only risk as little cash as possible which makes it easy for me to break even and get some profits. It does not really matter if I win or lose, I just enjoy placing predictions on sports I love watching.
Note that I calculated this off the top of my head, taking accounts my stakes on the different platforms I use, so it is not an actual answer after calculations.

I will advise not to use a color format to answer as it will make the thread look like a color-book and can be a distraction to readers.

- Jay -

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November 19, 2023, 07:34:50 AM
 #7

It a wrong mindset to perceive gambling to be a profitable act,  because by so doing you are placing yourself on the path to disappointment and more losses,  because gambling should only be taken as a fun activity and not some form of an investment,  so even though you become so lucky to have won several time,  that still doesn't guarantee you to be successful in winning at all time and that mindset can really hurt your feelings when the unexpected loses hit you while gambling so for some level of sanity,  you should avoid gambling with the sole aimed at making profits.

Anyway, I vote on the pull but even at that,  my vote may not reflect the actual reality and may be different from the speculation of others here also.
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November 19, 2023, 07:40:09 AM
 #8

It is so hard to know since i have been gambling for quite a while but overall i would say i am either even or in a slight negative. I have a feeling i must be in the minority here and the poss shows that aswell, quite a few are in the negative.
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November 19, 2023, 07:41:27 AM
 #9

https://bitcointalk.org/index.php?topic=1234109.0

you can see by yourself my "journey" in crypto gambling during recent years.

Unfortunately, over time I have become "less good", because I don't have enough time to play and study the events I have to follow.

in general the experience is profitable and positive but I believe that the more you play the more you tend to lose. the trick is to understand when it's right time to stop Wink

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November 19, 2023, 07:54:22 AM
 #10

I choose "NO".
I gamble always on weekends and have limits too, but I don't play only on one site, I always change gambling sites to play, it's good with the aim just for entertainment so I don't chase the losses I've felt, even though I lose more than I win it doesn't matter because I play just looking for the thrill in exchange for money, gambling is a game that uses money as a medium of exchange, but many people make gambling their main income in their lives, of course this is wrong.

Losing money in a manageable amount for gambling is okay, because I myself already know what the end will be like so I play just looking for the thrill of the thrill, because I don't know what's more interesting than gambling, either I also feel my pleasure is in gambling, even if I lose sometimes upset but that's normal, but if they become gambling as their main income it's a big mistake that will make them miserable in the future. They should play only for entertainment and nothing more, because if they are lucky there will definitely be a win even though it's not much hahaha.
what do you think?

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November 19, 2023, 08:02:31 AM
 #11

I'm not in profit yet and I'm not in a hurry to get there. I spent so much money when I was overwhelmed by greed, so its going to take some time for me to recover that because my pattern of playing now is small wins and gradual growth. I realized that when I target big wins, I end up in losing streak. So it is better to take it slowly. Gambling is all about what works for you and that is what I'm doing.

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November 19, 2023, 08:03:13 AM
 #12

It looks like you forgot to lock your other thread @OP.

I vote NO.
I'm not in a condition that benefits from gambling but strangely, I still like gambling even though I lose. I consider that gambling is a pastime that uses money and I don't mind losing a few dollars gambling.
But if you intend to get big wins and lots of money from gambling, you will likely feel disappointed because gambling is not a place to make money.
You can gamble and have fun and after that, you have to leave the casino before you spend all the money.
You can deduce from the poll that not everyone is on the profit side with their gamble habit and that's includes me also as I choose NO. It's moment like this that I tend to succum with the saying that trend the forum about gambling for fun because although we experience these loss, we still tend to gamble sometimes just for the fun that's in it and I do this sometimes when am not knowing or planning for the funds I want to use although it's Been long I fully get involved with my gambling but I know my overall rate are more of loss than profits.

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November 19, 2023, 09:18:25 AM
 #13

Answered no. But I do wish I was part of those who answered yes. Cheesy Maybe someday I will be.

It's difficult to find luck in casino games with the house edge against you and sometimes it becomes exaggerated and winning becomes impossible especially for original games with high-risk bets as the choice of option to play.
I always play high risk because I want that one hit jackpot but it's too elusive and sometimes when it gives that high multi-win I am deep in my wallet. Like for example I am in 520x loss and it will only give 300x. That's high multi but it won't cover all the losses that I got upon starting to play.
There are times that I feel like it was on the seed that I pick or it is just bad luck that I got ever since I became a VIP.

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November 19, 2023, 10:07:49 AM
 #14

I vote No outrightly.

Gambling is an uncertainty, so no one can ascertain the outcome of this game, That is why losing is inevitable in gambling, I had a very bad experience when I started gambling newly, am Nigerian to be polite, I made stake with few selection, I wouldn't like to mention the amount that I used to stake it, but the amount is big to me and it in naira, my selection looks very encouraging but unfortunately I lost that bet, from day till this moment I stopped using big amount to stake game, I have even stop losing, if I compare my losing to my winning, the lost gamble is more higher than the winning and I think that this is natural because it is never sure even though you win.

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November 19, 2023, 10:16:40 AM
 #15

I vote No outrightly.

Gambling is an uncertainty, so no one can ascertain the outcome of this game, That is why losing is inevitable in gambling, I had a very bad experience when I started gambling newly, am Nigerian to be polite, I made stake with few selection, I wouldn't like to mention the amount that I used to stake it, but the amount is big to me and it in naira, my selection looks very encouraging but unfortunately I lost that bet, from day till this moment I stopped using big amount to stake game, I have even stop losing, if I compare my losing to my winning, the lost gamble is more higher than the winning and I think that this is natural because it is never sure even though you win.

Exactly my friend, it is a true fact as you said that there is absolutely no certainty in gambling especially for the results at the end of the session, it always and greatly depends on how lucky you are at that time, so what reason do you bring that makes you act aggressively and out of control just for the sake of winning? obviously it's the wrong way and your mindset is not reasonable, very far from what should be done properly. There are some people who say that they can succeed in gambling, which is a very ridiculous statement. It's like they are gambling addicts or potential gambling addicts who have such statements, the initial cause is because they are too serious in seeing the winnings and opportunities that exist in gambling so they put very high hopes and expectations for things that are actually uncertain and fortunately.

Yes, it is usually the beginners who are prone to making many mistakes and making wrong decisions, it is because they include you in bringing the wrong mindset when you first come to gambling, maybe you think that you will be able to get money very easily just for gambling, but now you know the real facts, and thank goodness if you have realized and corrected all your mistakes. So the point is especially for beginners do not let you bring the wrong mindset in gambling, it is dangerous.

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November 19, 2023, 11:05:21 AM
 #16

I'm not particularly sure but at the same time, there's not really much in terms of me being able to spend whatever winnings in a life-changing way, so I'm just gonna say NO. Whether it be no or yes, it's really pretty close anyway and you'd still be at a loss even if it was really even. In the first place I probably would've stopped gambling, or have at the very least minimized it if I actually won big in gambling in the past. A lot of stuff I want to improve on, most of which needs money.

In the first place though, I think most gamblers lose out when gambling. Just the existence of house edge puts most of us in the loss after all, what more with more cases of us actually lose instead of winning anything big.

R


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November 19, 2023, 02:40:42 PM
 #17

It looks like you forgot to lock your other thread @OP.

I vote NO.
I'm not in a condition that benefits from gambling but strangely, I still like gambling even though I lose. I consider that gambling is a pastime that uses money and I don't mind losing a few dollars gambling.
But if you intend to get big wins and lots of money from gambling, you will likely feel disappointed because gambling is not a place to make money.
You can gamble and have fun and after that, you have to leave the casino before you spend all the money.
You can deduce from the poll that not everyone is on the profit side with their gamble habit and that's includes me also as I choose NO. It's moment like this that I tend to succum with the saying that trend the forum about gambling for fun because although we experience these loss, we still tend to gamble sometimes just for the fun that's in it and I do this sometimes when am not knowing or planning for the funds I want to use although it's Been long I fully get involved with my gambling but I know my overall rate are more of loss than profits.
You are right because there is a pleasure factor that we get from gambling that keeps us coming back to gambling. But you know that it is actually a small trigger that can make us addicted to gambling if we are not careful in using gambling.
Many people are so carried away by gambling that they will continue to return to gambling even though they have experienced a lot of losses.
We must not experience as many losses as they do, so we must really take care of ourselves while gambling.
It is normal when we know that many people have been gambling for a long time and have experienced a lot of losses because, in gambling, it is difficult for us to win.
If we don't want to lose a lot, we can manage our gambling time and really limit the money we spend on gambling. That's to prevent us from experiencing that many losses.

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November 19, 2023, 03:18:43 PM
 #18

If we consider the PnL since the start of my gambling journey then heck NO because I loss a lot during my newbie days while the price of crypto that time is low compared to now that it’s massive. I’m already a millionaire if I didn’t lose a lot of crypto back in the days and just hold it.

But if we consider only the $ value and the time which I’m already not careless then I’m in consistent profit because pf the bonuses and VIP rewards of casino nowadays. I’m sure that many user here is still in loss if we will consider the time when we are just starting since no one here start as a pro on gambling.

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November 19, 2023, 03:28:05 PM
 #19

When people first start gambling, they get caught up dreaming about scoring it big.  But let's be real - the casinos and bookies are the ones who end up benefiting in the end.  Most of the time when people lose, they try to forget about it and only focus on those rare wins that keep them hooked and  we've all been there before, chasing those wins.  Everyone's got their own tale when it comes to gambling.

I've been gambling for a while now, longer than I'd probably like to confess.  It's been several years since I tried betting with bitcoin, so even if I broke even, which I doubt, Id still be down in dollars.

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..CASINO....SPORTS....RACING..
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November 19, 2023, 03:33:35 PM
 #20

My vote is a capital letter NO

Gambling is not what can generate profit for you because it will only take money from you and will never give it back to you in a profitable way. Although there are some people who will claim that they have made more of profit than loss, which I know that to see such person is rare.

When I was new to gamble, I had the wrong mindset on gamble and I thought that I can make profit from it, but I got disappointed because it thought me a hard lesson that made me to understand what gamble should be seen as. There are still new people who are also having this same thought that they can make profit from it and I just talked to one of them yesterday about the consequences of seeing gambling as a profitable activity

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