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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 268 times)
junder
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November 20, 2023, 06:03:48 AM
 #41

I voted NO and whoever voted YES most likely is lying to himself  Grin . Like , let's be real , how can one be on profit when he gambles ? And even if he is , he most likely placed 1 bet and ditched after but he can say he is on profit as no one force you to bet extra.

I would say that is hard to break even as well as that requires more gambling , more bets and more risk to take in order to be on even balance between you and the bookies.

I’m on profit honestly speaking but not that huge amount because I’m not a regular gambler and mostly I play using small bankroll just to have fun. I’m always ended up winning even if I have a rough start.

I was supposed to have a terrible loss but I recover it when I chase my loss. It’s possible to be on total profit in gambling but I agree that it will be hard for those people that consistently playing since the house edge will surely make everyone lose in long term. Not exposing much on house edge is the only reason why I’m in profit.

What do you mean by "I'm not a regular gambler", are you a professional gambler?
I have a friend who like you always wins but in small amounts and always wins when gambling, because he can limit when playing so when he gets a win, he immediately withdraws it not continuing the game because he already knows the end if he continues the game.

When you chase losses, do you not lose a large amount of money, or do you chase losses with small amounts of money?
If that's the case you're lucky, I think it's rare for gamblers to use a small budget but always win. And gambling is strongly tied to luck too, as you said those who continue to play by chasing big wins will not get their winnings if luck is not on their side. But not a few people are like this, so they lose a lot of money.

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November 20, 2023, 06:12:03 AM
 #42

It's glad to know that many have admitted or proven through the poll that gambling is more of losing than winning. There are many advice about strategies, approaches, etc. but the truth remains that losing in gambling is more normal than winning.

It's already impossible for me to be able to compute whether I've been in profit or at a loss in gambling because I've been gambling for so long. But despite the absence of actual figures, I'm 100% sure that I'm losing all in all.

this is why the question is very subjective as there is no time frame considered. like for the past couple of months, 8 months or since you started gambling? but more then likely, most are on the losing side even considering the short period. as only few can survive in this area, most will be in the negative side. you will only be profitable if you will stop playing after you gain some winnings. it may not be big, but at least you will go home in a positive mood. but if considering your overall winnings vs losses since you start gambling, i bet most will be on the negative, like real negative!

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November 20, 2023, 07:06:47 AM
 #43


When you chase losses, do you not lose a large amount of money, or do you chase losses with small amounts of money?
If that's the case you're lucky, I think it's rare for gamblers to use a small budget but always win. And gambling is strongly tied to luck too, as you said those who continue to play by chasing big wins will not get their winnings if luck is not on their side. But not a few people are like this, so they lose a lot of money.
The biggest mistake gamblers make is chasing previous losses and wanting to recover the losses they have experienced, whether small or large, there will definitely be no point in chasing them because if calculated statistically it will not be achieved because the wins obtained are less than the losses obtained, so why? Chasing defeat, wasn't it explained at the beginning that gambling is full of risks?

So what are people chasing losses for if they themselves don't understand and ignore the risk warnings in gambling, it is true that gambling requires luck but no matter how lucky we are we will not achieve a win that is bigger than the losses we get, I have tried several games and almost The statistics I got were that I lost far more than I won, since then I considered gambling to be just entertainment, not a place to make money, chasing losses is only done by gamblers who chase profits and wins.  Grin

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November 20, 2023, 10:02:44 AM
 #44


When you chase losses, do you not lose a large amount of money, or do you chase losses with small amounts of money?
If that's the case you're lucky, I think it's rare for gamblers to use a small budget but always win. And gambling is strongly tied to luck too, as you said those who continue to play by chasing big wins will not get their winnings if luck is not on their side. But not a few people are like this, so they lose a lot of money.
The biggest mistake gamblers make is chasing previous losses and wanting to recover the losses they have experienced, whether small or large, there will definitely be no point in chasing them because if calculated statistically it will not be achieved because the wins obtained are less than the losses obtained, so why? Chasing defeat, wasn't it explained at the beginning that gambling is full of risks?

Yes, it's the biggest mistakes that gamblers make, maybe because they have losing and so they think that they can get back the money that they have loss and then win some. But pretty much it's a suicide for us, because the longer we play, the higher the odds that we might not get that money. So for me, if ever I had the chance to at least make even money after playing or not losing all the capital that I have, still good to me to quit and fight another day. And I guess we have to accept that fact that as a gamblers, sometimes we win and most of the times we are going to lose. So at least it won't hurt as much when we think of the money that we have lost so far for this year. And looking at the pool, more than 70% who voted are losing their money and we still have a lot more than a month before the end of the year so most likely the numbers could increased in December.


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November 20, 2023, 10:21:17 AM
Merited by avp2306 (1)
 #45

It's glad to know that many have admitted or proven through the poll that gambling is more of losing than winning. There are many advice about strategies, approaches, etc. but the truth remains that losing in gambling is more normal than winning.

It's already impossible for me to be able to compute whether I've been in profit or at a loss in gambling because I've been gambling for so long. But despite the absence of actual figures, I'm 100% sure that I'm losing all in all.

this is why the question is very subjective as there is no time frame considered. like for the past couple of months, 8 months or since you started gambling? but more then likely, most are on the losing side even considering the short period. as only few can survive in this area, most will be in the negative side. you will only be profitable if you will stop playing after you gain some winnings. it may not be big, but at least you will go home in a positive mood. but if considering your overall winnings vs losses since you start gambling, i bet most will be on the negative, like real negative!
Maybe some sort of studies on part of OP regarding on his statistics on his result has been made that's why he can tell that he's not profitable on gambling. For us who doesn't care about past result for sure its hard for us to tell if we are winning side or not since what's commonly important to us is the current result which we encounter and for sure there are times that we are profitable and not.

 So to avoid getting stress about such situation maybe we should not count all the losses and gamble just for fun since we all know the result with that if we start to create a data regarding on the performance we've done on our gambling activities it will show negative on our side. Remember the saying that the house always win so maybe that really have relevance at all that's why we should not pressure ourselves for this matter.

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November 20, 2023, 11:34:32 AM
 #46

Discussion continues from here, Original thread is locked now.

The first thread that you created, you didn't add polls to it, but you decided to add them now, which i will say it's of no use creating new thread because of polls. You claim to lock the other thread with the same post, but up until now, I've notice it hasn't been locked yet. I think it's better you just lock one of the threads, it's of no use having two threads with the same content open. Maybe it escaped your mind to lock the other thread. If one thread is not locked, you will see members spamming in the two threads, so I recommend you lock one of the threads.

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November 20, 2023, 01:50:14 PM
 #47


The biggest mistake gamblers make is chasing previous losses and wanting to recover the losses they have experienced, whether small or large, there will definitely be no point in chasing them because if calculated statistically it will not be achieved because the wins obtained are less than the losses obtained, so why? Chasing defeat, wasn't it explained at the beginning that gambling is full of risks?

Yes, it's the biggest mistakes that gamblers make, maybe because they have losing and so they think that they can get back the money that they have loss and then win some. But pretty much it's a suicide for us, because the longer we play, the higher the odds that we might not get that money. So for me, if ever I had the chance to at least make even money after playing or not losing all the capital that I have, still good to me to quit and fight another day. And I guess we have to accept that fact that as a gamblers, sometimes we win and most of the times we are going to lose. So at least it won't hurt as much when we think of the money that we have lost so far for this year. And looking at the pool, more than 70% who voted are losing their money and we still have a lot more than a month before the end of the year so most likely the numbers could increased in December.

The main mistake is in their own mindset, they are wrong in assuming what is meant by the opportunity in gambling, if they understand that it is just an opportunity which means it is not or not necessarily possible to happen then I think they will not be excessive or will not think of chasing defeat, it is very difficult to be able to get a win or even just to break even. Therefore, the first thing that must always be considered is in terms of risk, before gambling you must be familiar with all the possibilities that are very likely to occur, so maybe you have also heard some advice that don't put too much money into gambling, because if the money is lost then I'm sure you won't accept the results, and in a state  of emotion that controls you then obviously you will act out of control such as chasing defeat, even though there is absolutely no certainty that the result will win or lose.

I think you should be a responsible gambler, because then I think you won't have to suffer so  many losses, and will be able to accept whatever the final result is, even if it's disappointing. Yes, if you have won then it's better to stop, there must be a time when you go home without tears. So basically all the decisions are in your own hands, and it will also determine the impact.

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