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Author Topic: Long-term profitable strategies  (Read 639 times)
Cryptomultiplier
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January 10, 2024, 05:19:37 PM
 #41

A newbie should at the onset opt to learn properly what the terms mean, how to stake or place bets, how to find as well as withdraw their winnings or convert their rewards before they can be seen as having been profitable no matter the strategy they employ to have led them to such knowledge.

The underlined word is knowledge and if a gambler has a better understanding of their most preferred game, understand the basic terms and way it functions, such a gambler may have unknowingly developed a tactic strategy that stands a better chance of earning them the luck they would need to be very profitable in the long term while gambling.

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January 10, 2024, 05:53:59 PM
 #42

Topic like these.

People will talk a thousand strategies, meanwhile there is no one who are using or at least give their experience from their word with real game play. I mean, you have strategies then can you also share the gambling section you're play with the strategist.

Example, I have strategies with (all-in betting). I share my result with my word on real gambling.

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January 10, 2024, 06:17:17 PM
 #43

Wow... I don't like that strategy... hihihi
And is there really such a strategy that can provide profits in the long run? However, isn't gambling about possibilities?

And honestly I don't understand what you're saying, because of my experience in gambling. I don't get any financial benefit and in fact I'm the one who has to constantly spend money to be able to participate in gambling. And if I didn't have good money management and good self-control over my gambling activities, I would have probably lost quite a lot of money. And for me, making a profit by gambling is something that doesn't make sense. Considering the possibility of winning in gambling is very small.

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January 10, 2024, 06:18:35 PM
 #44

As long as I am aware that gambling is not an investment or a reliable source of income, I can't figure any means of profitable gambling strategies in it unless there would be a cheat right from the gambling sites which I am in doubts that it would be impossible to breakthrough.

But I can relate in discussion to its risks managements that could indict one to addictions, bankrupts and even affects ones mental State of health. So, being aware and acknowledging these infecteous dangers that carelessness in gambling could attain to a reckless gamblers would alert you to decide what side you want and so you could do away with the situations.

Bottom lines is that responsible gambling would keep you on the paces to manage the risks that is accompanied with gambling and conciously, you could do away with the  mayhems potentials of it.

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January 10, 2024, 06:55:10 PM
 #45

I would say that it is a strategy that would be really useful for long term gains if you apply it to something else and not to gambling, no matter how confident you are in the strategy, if you think the strategy is really useful then can you at least provide some evidence that is really believable? However I think it will not be useful if you bring and apply it to gambling, trust and belief make a person too hallucinate so that the method once used is really confirmed that it is a powerful strategy for victory.

If you only manage to get 1 - 3 wins then I think I would not say that it is a strategy, but more likely is that at the same time luck comes, especially if you are involved in the type of gambling pure luck like slot machines for example, sometimes in sports betting alone the fact that skills can make victory closer it will not be completely useful, meaning that you will not really be able to get a win in the long run, if you don't believe please try it over a period of time, for example 1 to 5 months of trial and calculate the amount, I'm sure the loss is still much greater. So don't take it too seriously, after all this is gambling that runs randomly and has no certainty.

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January 10, 2024, 08:11:29 PM
 #46

Let's discuss long-term profitable gambling strategies, as well as the elements of such strategies. It is not even necessary to back it up with winning statistics (although no one will mind). It is enough to write that “I think that this strategy is profitable in such and such a game or in such and such a form of gambling.”
       Elements of profitable strategies are also quite interesting for discussion. I know that for long-term profitability, risk management is of course much more important. However, what is equally important is what leads to profit in addition to risk management.
     If your profitable strategy is of a proprietary nature, if it is secret and you do not want to write about it, then you can limit yourself to general reasoning. I think that this discussion will be useful for everyone and perhaps it will prompt some of their own promising ideas.

You didn't specify your strategy if it's for Casino or sports. I'm saying this because Casino games is entirely luck based no matter how good you are as a gambler, the house always ahead of you and win but with sports, you have more chance of winning and your winning probability is upto you and the team you select on your option, unlike the casino where your outcome depends on the house and how it's designed.

There is a similarity though that you should put into consideration no matter the kind of gambling you are doing and they are make sure you don't gamble to chase profits, don't gamble because you think you can make money from it, never borrow to gamble, never try to gamble more than you can afford to lose, don't over bet, don't bets when you are financially down. All this will hidner your gambling experience negatively, it's better you avoid them.

R


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January 10, 2024, 08:14:58 PM
 #47

Let's discuss long-term profitable gambling strategies, as well as the elements of such strategies. It is not even necessary to back it up with winning statistics (although no one will mind). It is enough to write that “I think that this strategy is profitable in such and such a game or in such and such a form of gambling.”
       Elements of profitable strategies are also quite interesting for discussion. I know that for long-term profitability, risk management is of course much more important. However, what is equally important is what leads to profit in addition to risk management.
     If your profitable strategy is of a proprietary nature, if it is secret and you do not want to write about it, then you can limit yourself to general reasoning. I think that this discussion will be useful for everyone and perhaps it will prompt some of their own promising ideas.

I get the feeling that there is long term potential to make a profit in sports betting and horse racing in particular, however you have to come up with a viable strategy which you track over the long term. If you have a bookmaker with reasonable odds, take a view of what the market looks like on a betting exchange like betfair 24 hours before the race. Then look at the same odds a minute or two before the race begins, you can quite often find large discrepancies which might allow you to build up a hedging strategy if you can pick enough good bets. There is a fair bit of movement in these odds and some large numbers involved, I've seen horses go from 5th favorite to 1st favorite overnight with nothing changing - you can pick out attractive horses based on their prior runs.

R


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January 10, 2024, 08:45:48 PM
 #48

the best strategy, which really allows a high margin of "safety", is scalping/"all green strategies" on pre-live betting exchanges in markets with "a lot of liquidity". obviously all set up with dedicated software, high-performance hardware, fast line (even double).
Unlucky me Sad  in my country this type of game is no longer legal (the main bookmaker that offers this type of markets no longer operates Sad )

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January 10, 2024, 08:47:36 PM
 #49

I have done several strategies as I gamble and to tell you, none of them have been effective for me in the long term in terms of profit.

It's like that I profit some within a few days but afterwards, it's pure losses. That's why there is no good strategy that we're going to talk about if it's for the long term.

I think what matters is about the profit management. Like it doesn't matter how many times you make a profit but how you're going to manage that profit you've made.



.
.BIG WINNER!.
[15.00000000 BTC]


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January 10, 2024, 08:53:55 PM
 #50

I like the concept of this discussion of the long-term profitable gambling strategy cause it will help and also save some gamblers from addiction and financial problems which can be caused by not gambling profitably.

The strategy  I always used was to divide 100 by my casino deposit. For example, if I deposit 100 USD, I will divide it by 100 which means i will execute each of my gambling with 1 USD so i have the chance to gamble 100 times so have the chance to gamble more while i also manage risk.

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January 10, 2024, 09:12:51 PM
 #51

Everyone has the ability to employ a gambling strategy, however it is essential to bear in mind that the purpose of doing so is solely to enhance the likelihood of winning. This is due to the fact that, up until this point in time, there does not exist a solitary gambling strategy that can assure a victory each and every time one engages in gambling. Therefore, I reiterate once more that gambling is merely centered around a potential outcome.


And another thing to remember, it would be unwise to have lofty expectations when it comes to gambling, for the truth is that gambling is an uncertain pursuit. Achieving victory in gambling is not as effortless as we may envision, nor is it as simple as flipping one's hand over. It's not a matter of incapability, but rather a matter of impossibility. To learn about the potential consequences of gambling, one does not necessarily have to indulge in it firsthand. The collective experiences of others offer valuable insights, serving as a cautionary tale that instills a sense of vigilance when engaging in such activities.

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January 10, 2024, 09:20:01 PM
 #52

Consider that there exists several fallacies in gambling.
For luck based games the most popular is called the gambler's fallacy and it's quite prevalent actually.
There is no strategy that will let you keep winning forever in luck based games. The house edge eventually gets onto you. Otherwise casinos would be effectively bankrupt.

If we had any game where the house could be best with a skill based element then yes, we could potentially talk about a long term profitable strategy. But think about it. If people realized this, there would be abuse and likely automation developed so it would be impossible for a human to win.

Old moneypot (bustabit) had this exact feature and eventually disabled it due to abuse. So you can see that some things are not really feasible. If we want long term profitable strategies without potential for abuse we maybe have to start playing on local poker tables again  Cheesy

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January 10, 2024, 09:27:59 PM
 #53

I have done several strategies as I gamble and to tell you, none of them have been effective for me in the long term in terms of profit.

It's like that I profit some within a few days but afterwards, it's pure losses. That's why there is no good strategy that we're going to talk about if it's for the long term.

I think what matters is about the profit management. Like it doesn't matter how many times you make a profit but how you're going to manage that profit you've made.
Depends on what kind of gambling you are dealing with because if we do speak about into those games which strategies is something that you can apply then its possible that you could formulate some strategy but if we do speak about luck based ones then there's no solid strategies that could really make you a winner and this is something that you should really be that wary of.
This isnt something that you should really be putting up into your mind in about assuring that you would really be that profitable in the end of the day because it cant really be just that possible
that you could really be able to sustain on longer duration since we know that luck would be always be the main part when it comes on winning up the gambling games.
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January 10, 2024, 10:21:11 PM
 #54

I have done several strategies as I gamble and to tell you, none of them have been effective for me in the long term in terms of profit.

It's like that I profit some within a few days but afterwards, it's pure losses. That's why there is no good strategy that we're going to talk about if it's for the long term.

I think what matters is about the profit management. Like it doesn't matter how many times you make a profit but how you're going to manage that profit you've made.
Depends on what kind of gambling you are dealing with because if we do speak about into those games which strategies is something that you can apply then its possible that you could formulate some strategy but if we do speak about luck based ones then there's no solid strategies that could really make you a winner and this is something that you should really be that wary of.
This isnt something that you should really be putting up into your mind in about assuring that you would really be that profitable in the end of the day because it cant really be just that possible
that you could really be able to sustain on longer duration since we know that luck would be always be the main part when it comes on winning up the gambling games.
And that's why I've tried as many as I can and for several games as well. Some may be worth it to try but requires some money and I am talking about the strategy that everyone knows and that's not worth for the most.

So, after summarizing all of them, that's why I've ended up about management with your profits and I've forgot about managing the bankroll too.



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.BIG WINNER!.
[15.00000000 BTC]


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January 10, 2024, 10:30:17 PM
 #55

Dunno if it works long term but betting low amounts on bigger multipliers can work. You can probably create some formula that can average out what specific multiplier you need to be able to win the amount you lost trying to achieve that one single specific win. If done properly I think that could work at the very least.

I wouldn't 100% rely on it though, it is still completely possible to lose your entire bankroll without getting back the amount you expect since, well, winning chances don't exactly go up with the number of times you lose, it just resets back to whatever it was originally. I've tried it before but did it randomly instead of trying to calculate and, well, it worked once or twice, but that's it. I often encountered more times where my bankroll went empty than not.

R


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January 10, 2024, 11:17:56 PM
 #56

I think the long-term profitable strategy for gambling is to know when to stop when we are winning and continue it for another day.  Self-control or moderation is the key to long-term profitability in gambling.  There is no such strategy that will affect or enhance our chance to win so we must take control of our gambling engagement.  As I stated winning is the only way to profit from gambling and knowing when to pocket the winnings will help us to not waste the winnings we get from our gambling activities.  

In addition, we should know when to stop to prevent severe losses.  Minimizing losses and maximizing the amount of winnings through controlled/moderated gambling, I think is the key for long-term profitability.
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January 10, 2024, 11:33:53 PM
 #57

Let's discuss long-term profitable gambling strategies, as well as the elements of such strategies. It is not even necessary to back it up with winning statistics (although no one will mind). It is enough to write that “I think that this strategy is profitable in such and such a game or in such and such a form of gambling.”
       Elements of profitable strategies are also quite interesting for discussion. I know that for long-term profitability, risk management is of course much more important. However, what is equally important is what leads to profit in addition to risk management.
     If your profitable strategy is of a proprietary nature, if it is secret and you do not want to write about it, then you can limit yourself to general reasoning. I think that this discussion will be useful for everyone and perhaps it will prompt some of their own promising ideas.


The long term gambling was the fact based on the gamblers holding funds,because the funds was the important one in the gambling.After the loss the gamblers can recover the losses by the backup funds.But many gamblers are margin gamblers,they will play and try to arrange funds.Later move to the gambling business by the new savings in the gambling site,some gamblers try to long lasting gambling.They also want to use the gambling for their regular income.The random gamblers also earn money by luck,but the luck is not guaranteed one.So the gamblers should risk their money in the gambling site.

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January 10, 2024, 11:39:13 PM
 #58

Is there such thing as strategy that would make you profitable in gambling? Well yes but not directly to betting or playing style but rather how you would handle your wager or bets with limitation. This is just based on my experience and with my analogy; perhaps you are a hard bettor and you happened to won 5/10 games to day and happened to lose on the remaining days of the week, would it still be profit? I tried limiting my barnkroll;  I set an amount I can afford losing everytime I would be gambling regardless if I lose or win, actually in both outcomes. I prioritized securing profit and fortunately, I an in profit for months already. Well, profit ain't that much compared to heavier bettors but I am just glad that I am one of them who are in profit in the long run. Chasing big win will just make you more exposed of losses given that bigger bets are expected. Losing will be and should be more anticipated than winning the jackpot, and needless to explain, that's just it.

It is more of a preventive approach. Logic? defense is our best offense; yes just like with the sports we are all familiar with. It is not always being hungry of winning but sometimes, it is better to avoid losing continuously. We cannot force the better outcome in the first place, right? then just lessen the tendency of the negative outcome.

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January 10, 2024, 11:45:00 PM
 #59

I think the long-term profitable strategy for gambling is to know when to stop when we are winning and continue it for another day.  Self-control or moderation is the key to long-term profitability in gambling.  There is no such strategy that will affect or enhance our chance to win so we must take control of our gambling engagement.  As I stated winning is the only way to profit from gambling and knowing when to pocket the winnings will help us to not waste the winnings we get from our gambling activities.  

In addition, we should know when to stop to prevent severe losses.  Minimizing losses and maximizing the amount of winnings through controlled/moderated gambling, I think is the key for long-term profitability.

And upon winning, better invest into something that will give you passive income.
Because if you will just go back to your games, the likelihood that you will lose it all is very high.
Chasing losses is the usual dilemma of most gamblers, and that is the activity that most are guilty of.
Without stopping and pausing for a bit, will be a dangerous way leading to addiction and deep debt.
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January 10, 2024, 11:59:12 PM
 #60

Let's discuss long-term profitable gambling strategies, as well as the elements of such strategies. It is not even necessary to back it up with winning statistics (although no one will mind). It is enough to write that “I think that this strategy is profitable in such and such a game or in such and such a form of gambling.”
       Elements of profitable strategies are also quite interesting for discussion. I know that for long-term profitability, risk management is of course much more important. However, what is equally important is what leads to profit in addition to risk management.
     If your profitable strategy is of a proprietary nature, if it is secret and you do not want to write about it, then you can limit yourself to general reasoning. I think that this discussion will be useful for everyone and perhaps it will prompt some of their own promising ideas.

I don't know if gambling has long-term benefits. But I've been gambling for a long time and suffered a lot of losses when I was new. I used to keep a small portion of my household expenses and with that money I indulged in gambling. So now I have gained experience in gambling with general experience to pay losses.

I will definitely follow the long term gambling strategies, because I love to gamble. Five days every week I gamble a lot, you can say gambling addict. But when I used to gamble seven days a week, I lost money because I was addicted to gambling. That's why I abstain from gambling for two days in a week and don't get addicted to gambling, now I'm having a great time.


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