Why can't most gamblers maintain profits in the long term?

[Cgrexp]

Simple logic is, when most gamblers maintain profit in the long term, that will result to casinos going bankrupt, so it will not happen.

The reality is being profitable is possible, but only a few can really be profitable regardless of what kind of gambling we are doing, even if it is sports betting. I have tried it myself, I was never profitable, so until now it will only remain as inspiration, believing that there are people who are really skillful and profitable.

The results are mostly in favor of the casino company. And most people end up losing in the long run. But it's not that no one is profiting from gambling. Many are, but the number of such people is very small and they survive mainly through their discipline, deep analysis, risk management and self-control. The stories of  losers  do not spread as much as the stories of winners , so it seems very easy to make a profit in reality. So it is a risky activity in the hope of a sure result or as an alternative to income. If someone can make a profit, that is good, but it is not possible to make a stable profit in the long term from gambling.

[Byebyebtc]

Gambling isn't something that is supposed to give you long term profits, some people get to be fortunate enough to have long term profits but that doesn't mean it was meant for that,
With this in mind you can not force your way to be fortunate right?, so it still boils down to luck, if your lucky enough you will able to get some profits for your self on a long term, but you can not work this out by your self.

[HustleZ]

[…]

Gambling is a game of luck. Do you believe something that is based on luck can be profitable in the long run?? It can be possible for a short % of people because they are lucky, not everyone is lucky so we cant say that most people will be successful in gambling in the long run. Emotional decisions are also a big factor in people losing money because in gambling when greed takes over your decisions then you are not able to gamble effectively and you lose more than you win. I recomm People to choose a much safer path that doesn’t require the repeated involvement of luck something that isn’t in a person’s control. People should choose strategies and fields where you can get benefit based on how much work you put not luck.

[Obim34]

Most times, greed is a crucial factor why gamblers are unable to maintain profits in the long run. The belief of making profits from gambling is unrealistic, there is no real assurance of consistent winnings over a long period, the minorities that were fortunate to win big, forgets about the importance of gambling responsibly, thereafter, turns about to be something they later regret after losing previous profits.

A responsible gamblers knows how to control emotions, challenge the odds and when to accept the odds are already against them, instead of chasing big rewards or mindset of doubling what they've made.

[Pandu Geddon]

What is your opinion on this, what other reasons can there be for gamblers not to hold on to their money in the long term.

There is no other reason, the problem lies with the gambler himself. We know that betting bigger also increases the risk, so why bet bigger when the financial capacity is insufficient? 
Betting bigger allows us to also generate bigger returns. But remember, that's if we are lucky. Do not hang your fate on luck.

[Bluedrem]

One of the reasons why a gambler cannot keep the money even after winning in gambling is greed. When a gambler sees that he is making a profit by gambling, he starts considering prayer as a way to earn money and this is the biggest mistake. Gambling can never be a way to earn money. Gamblers get very greedy after winning a bet and start gambling more aggressively. As a result, they cannot keep the money they won and even after finishing the winnings, they spend money from other funds to gamble.

[MAAManda]

Everything you said is a classic scenario experienced by irresponsible gamblers. First design is a platform that provides a place for gambling, they get money from the players who play, they will never lose, while the gamblers continue to risk their money without knowing the past, present & future.

As long as gamblers don't stop after winning, they haven't really won, it could be said that the term is "Unrealized Profit" in trading, LOL.

[hyudien]

Gambling is not meant to be an income generating activity. Now, let's say you gamble with discipline, self-control, and only bet with money you can afford to lose and utilize the skills you have, would you still be profitable in the long run? Not really, because it's not easy to win at every bet, especially in gambling that relies on luck, but at least by gambling with discipline, your losses can be minimized. In the world of gambling, just being able to survive in the long run is an advantage.

[Doan9269]

Many gamblers wish they made profit from gambling, but it is not that possible to achieve our goal in this regard because it is more likely that one loses when playing then when we stand on the chance of winning, so by inherent expectation, we are prone to lose than to win when we Gamble, it is not in the disposal of a gambler to maintain being in profit when gambling, we only attempted to play and try our chance of winning, for the fact is still that we are most likely to lose when we are gambling than to win a bet.

[Fredomago]

Gambling is not meant to be an income generating activity. Now, let's say you gamble with discipline, self-control, and only bet with money you can afford to lose and utilize the skills you have, would you still be profitable in the long run? Not really, because it's not easy to win at every bet, especially in gambling that relies on luck, but at least by gambling with discipline, your losses can be minimized. In the world of gambling, just being able to survive in the long run is an advantage.

I like the opinion as it's better to minimize your losses and sometimes experienced some great and decent win but still in-line with the set-up and limitation and being able to practice things with good discipline, gambling is a risky venue to gain enjoyment or if you are really aiming for profits, even how good your practice and strategy there's no guarantee that you will always win, like what you said, being able to control by minimizing your losses and be able not to fall with what your emotions wanted you to perform, that's already a good sign of winning on your own.

[KiaKia]

Gambling luck isn't for one person, it comes and go.
You are going to lose more than you will ever win because the house has a higher edge than gamblers.

Anyone who understands the true meaning of gambling will stop trying so hard to get lucky, because luck can't ever be forced unless it want something to happen, luck isn't something you can grab and keep as your own.

Greed also plays a vital role here, so many gamblers are willing to roundtrip their balance due to just ordinary feeling, they hope to a certain amount and they end up losing some more.

[TopT3ns]

Gambling luck isn't for one person, it comes and go.
You are going to lose more than you will ever win because the house has a higher edge than gamblers.

Anyone who understands the true meaning of gambling will stop trying so hard to get lucky, because luck can't ever be forced unless it want something to happen, luck isn't something you can grab and keep as your own.

Greed also plays a vital role here, so many gamblers are willing to roundtrip their balance due to just ordinary feeling, they hope to a certain amount and they end up losing some more.

This mechanical organization of the entertainment industry is built in such a way that all the capital of all participants is slowly but surely absorbed due to the asymmetry of a certain regulation. The urge to keep up in the monetary aspect just boosts the eventual disappearance of all savings through disregard of the common sense. The acknowledgement of initial loss is the final point of defence which spares one of a much bigger and more destructive economic meltdown.

[qwertyup23]

Simple logic is, when most gamblers maintain profit in the long term, that will result to casinos going bankrupt, so it will not happen.

The reality is being profitable is possible, but only a few can really be profitable regardless of what kind of gambling we are doing, even if it is sports betting. I have tried it myself, I was never profitable, so until now it will only remain as inspiration, believing that there are people who are really skillful and profitable.

The results are mostly in favor of the casino company. And most people end up losing in the long run. But it's not that no one is profiting from gambling. Many are, but the number of such people is very small and they survive mainly through their discipline, deep analysis, risk management and self-control. The stories of  losers  do not spread as much as the stories of winners , so it seems very easy to make a profit in reality. So it is a risky activity in the hope of a sure result or as an alternative to income. If someone can make a profit, that is good, but it is not possible to make a stable profit in the long term from gambling.

This is exactly how house edge operates on a casino.

Remember: casino establishments are businesses. If their very nature is to lose money, then we would not see lots of gambling establishments being created over the years. In fact it's quite the opposite- lots of online gambling companies have started to make their name in the game. It really does prove that having a gambling business is still a risk but if you have the capital to fund it, then it would most likely be profitable on your end.

To answer OP's question, the nature of gambling makes it really difficult for a person to have consistent results throughout the end.
While there may be some people who have profited on a single night, there's no guarantee that they would stop. In fact, there's a high chance that the money they won yesterday or last week had already been exhausted by gambling again on their platform, which creates this endless cycle that the gambling company would profit.

[cxtreenal]

Most gamblers come to gambling platforms usually to make a profit or to earn a lot of money and sometimes they win big money but with the change of time their interest in gambling increases and they gamble more and more. As a result of gambling, gamblers' money is continuously lost and they lose more money than they had won at one time. Basically, in the case of gamblers, this is due to excessive desire and uncontrolled gambling.

Almost all gamblers who come to the gambling platform to make money start with losses. Have you ever wondered why their interest in gambling increases despite losing? Gamblers who are at a loss are not only inclined to make money. Most gamblers find entertainment in gambling and feel attracted to it once they place a bet. If they lose repeatedly, they try to continue gambling because they find entertainment and are engaged in trying to recover the lost funds.

Even if you gamble only to make money or for entertainment, your interest in gambling will increase because there are some fascinating things in gambling that will tempt you and make you feel the need to play more. Responsibility towards yourself will keep you away from the possibility of uncontrolled gambling. Responsibility is allocating a fixed budget for gambling and strictly adhering to your bankroll.

[YOSHIE]

Why can't most gamblers maintain profits in the long term?

That is what is called a game, no one can maintain profits/wins in the long term, because we are dealing directly with what we are betting on.

I mean, every type of game we play changes, we don't face the same game every day, for example sports every day we bet on different teams, slots too we face different systems every minute, poker, Blackjack and others are also the same, the players and the cards that come out are not the same, they are different every time, for that reason no gambler can maintain the same profit every day/long term.

[Nathrixxx]

The question we should be asking ourselves is how can this be achieved, gambling is not an investment that we can see as a way we have to make profit from it, when we Gamble, there is this probability of winning to that of losing and it is more common to see gamblers losing than to win, not because we don't wish to win the bet we took, but because we are expected to see gambling as an entertainment knowing that it is more likely we lose.

[Bright0515]

The truth is that when a gambler have the intention to make money through gamble, there's a higher chances that they might not be able to make the money they they intend to because they can't control their winning, w winning only comes when a gambler is lucky. There are many gamblers who's losses are more than their winning, and there are also gamblers who's winning is much higher than their losses. But that doesn't mean that those gamblers who's winning are much are control the system, the truth is that they are just lucky, although they also have good analysis and good predictions but still lucky plays a bigger role in the game.

[Ryu_Ar1]

Because gambling always results in losing so no matter how hard you try to win sooner or later we will lose.
Losing money will be considered as something that is normal in gambling so what I do in my gambling activities is to delay as long as possible the overall loss because that's all I can do.

I did make a little profit and I think almost all gamblers have made withdrawals on those winnings but in the end the loss will still happen next time because gambling will always be identical like that.

[TokenTikas]

What is your opinion on this, what other reasons can there be for gamblers not to hold on to their money in the long term.

There are many reasons why gamblers fail to hold on to their money for the long term, but the biggest one is greed. Because of greed, they find it difficult to keep their funds for a long time. When they win a bet, they often try to earn even more and end up losing what they already have. From the stories I have seen so far, most of them are about gamblers losing money.

On the other hand casino sites are designed in such a way that gamblers are attracted to them. Once attracted, it is very difficult to come back from there, most gamblers lose all their money without being able to come back. In this way, gamblers cannot keep their money for a long time.

[nara1892]

One of the reasons why gamblers cannot maintain their winnings in the long term is because they cannot control themselves and also because they think that the winnings that I have will come back, in the end all the money they have won will go back to the casino, that's how gambling works to manipulate gamblers, such as exchanging one win for hundreds of losses, but strangely the gamblers don't seem to remember the losses they have experienced, if for example they remember how painful the loss was then they should not gamble again, but the pleasure and excitement that arises from the win is so significant that it makes gamblers ignore the risks.