Altcoins Talks - Cryptocurrency Forum

Wider Crypto World => Gambling & Crypto Casinos => Gambling discussion => Topic started by: mu_enrico on May 08, 2024, 06:50:07 PM

Title: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: mu_enrico on May 08, 2024, 06:50:07 PM
It's widely accepted that the house always wins because of the House Edge. The most common translation of this rule would be: the longer you play, the more you lose, since the odds are against you. However, perhaps someone here in this forum could beat the house. Who knows?!

Since I don't keep or count my profits and losses from gambling, I can only roughly estimate that I've lost no more than 5% of my net worth because of gambling since 2017, and it's still less than the total sum of unimportant things that I've bought lol. Furthermore, the gambling industry also offers the opportunity to earn via affiliates, signature campaigns, etc., which can easily offset my 5% loss.

What about you? Do you suffer because of gambling, or is it not worth the time to keep P&L since it's not significant?
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Cryptsafe on May 08, 2024, 07:20:33 PM
There has never been a time when the edge favours the gambler's but rather the casino because it was designed to be so. At first I will join you in saying that I do not keep track of my gambling proceeds because I do not do that to earn but for fun. Yes of course I have won games and also lose some as well but it is just that way because games are like that.

Truly looking at the other aspects of which you have mentioned about the gambling industry with respect to signature campaigns, affiliate marketing, reviews and social media promotion, I think this aspect has luck shining on me. It is worth it and I can say that I have been able to benefit from it too.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: 0t3p0t on May 08, 2024, 07:40:36 PM
I personally have majority of my previous bets in loss I was unlucky those times but maybe soon luck will be mine. I do have small profit before but in reality as long as we keep on placing bets we won't realize our loss will be more than the value of our winnings sad reality. It is all okay as long as we are having fun and taking lessons in every mistakes and lapses we did in our gambling activities.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: JoyMarsha on May 08, 2024, 11:18:24 PM
Loses because years back when I didn't gamble for fun, I at times tried so hard to get my loss back but each time I try to, more losses I get in return.

Ever since I begin to find out that, a gambler who focuses more on their losses, lose more at the end of their gambling activities for the day. Nowadays I win and I lose but before that, I have already brought out the little amount I can risk in gambling without feeling annoyed by any loss made
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: robelneo on May 08, 2024, 11:33:20 PM

What about you? Do you suffer because of gambling, or is it not worth the time to keep P&L since it's not significant?

I don't calculate all my winnings and losses, but you are right: the longer you play, the higher your chances to lose, so in the end, we end up failing because we become addicted to playing. I like to believe I'm at a loss because there are more losses than winnings.

I can count the number of times I won but cannot the losses, I guess gamblers are like that they like to remember their winnings and forget their losses.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: LogitechMouse on May 10, 2024, 03:31:50 AM
~
What about you? Do you suffer because of gambling, or is it not worth the time to keep P&L since it's not significant?
I didn't suffer mentally despite losing most of my gambling funds and for me, it's not worth the time to keep up my profits and losses since at the end of the day, I already set my mind whenever I'm gambling that whenever I put some money in gambling, I consider it as a loss for me.

I don't know if it's only me, but I have this mindset of whenever I put money into gambling, I consider it as my loss right from the start because based on statistics, most of the gamblers lose their money in gambling. :D In that way, I don't feel too much regret or disappointment whenever I really lose that money. If I end up winning and at least doubling my capital, I immediately withdraw it keeping my profits, and use it until I lose it all.

Overall, my gambling experience was a loss, but I don't feel anything negative at all.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Dr.Bitcoin_Strange on May 10, 2024, 05:20:00 AM
Gambling generally comes with winnings and losses, everyone wins and everyone loses, but it completely depends on one's individual approaches to know if they'll stay in profit after winning or if they'll gamble away the little win theyve been able to secure.
Some gamblers are just to greedy that even if they win, their wins are never enough for them, either because they keep record of their losses and decided to recover it all that day and of course we all know how that usually ends.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Rubel007 on May 10, 2024, 08:35:06 PM
I think in long term gambling a gambler never wins. Only the house wins there. The gambler can only get ordinary pleasure by spending his money. But knowing this fact we like to consider gambling as part of the income which is one of the reasons for our loss. If we can gamble without the lure of gambling money, our loss can be greatly reduced. Happiness should be valued more than money. I have no idea how much I have lost in gambling because the rate is so high. I consider gambling a source of pleasure, not money. Money just intensify my excitement.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Rruchi man on May 10, 2024, 10:44:23 PM
What about you? Do you suffer because of gambling, or is it not worth the time to keep P&L since it's not significant?
Only irresponsible gamblers suffer from gambling, gamblers who are not principled and gamble above their budgets in amounts that they cannot afford to lose.

Responsible gamblers will always find a way to make sure that gambling does not encroach on or affect the other activities of their lives.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: vegasus on May 10, 2024, 11:19:56 PM
I think I have experienced more losses than wins in gambling. hahahaha
This is because I often panic easily and can't see the obstacles to winning in gambling. Not only that, it seems like I'm more prone to bad luck. Of course, this is a very valuable experience, especially when it comes to gambling with our money. but fortunately it is not a high nominal amount. so that at least you don't have to grieve for a long time. and finally try and try again, because you wonder when you will actually win. In the end, it was because of my high curiosity that I often experienced these failures.

So, it's best to limit our curiosity and also limit the money we deposit. in order to disparage the various polemics of gambling addiction which usually if it gets serious then it will become a problem too.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Unbunplease on May 10, 2024, 11:35:17 PM
It all depends on the type of gambling. if you like slots - I was there almost immediately. Rendom is a great thing, but when you depend on it completely, it's not interesting. I'm more interested in playing poker, betting on various sports - in other words, participating where something depends on you.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Dr.Bitcoin_Strange on May 11, 2024, 05:07:31 AM
What about you? Do you suffer because of gambling, or is it not worth the time to keep P&L since it's not significant?
Only irresponsible gamblers suffer from gambling, gamblers who are not principled and gamble above their budgets in amounts that they cannot afford to lose.

Responsible gamblers will always find a way to make sure that gambling does not encroach on or affect the other activities of their lives.
I think one part of gambling that people always miss, is the part about making sure that one's emotions are in check, because if a person's emotions are not in check while gambling, that's when it can lead people to making impulsive decisions due to emotional imbalance. Sometimes it's easier to say they'll not gambler irresponsibly but when they're faced with the situation that requires them to use their  brains and not their emotions, they always default, sometimes without even knowing it.
That's one crazy thing about gambling problems.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: MUGNIA on May 11, 2024, 01:21:12 PM
As long as I bet, I always lose and to get a profit, I think it's very difficult, I've spent time and money but it doesn't produce a single win, maybe I need to learn how to bet first.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: mu_enrico on May 11, 2024, 01:47:32 PM
So 4 losses and 1 break-even...

It all depends on the type of gambling. if you like slots - I was there almost immediately. Rendom is a great thing, but when you depend on it completely, it's not interesting. I'm more interested in playing poker, betting on various sports - in other words, participating where something depends on you.
House Edge (HE) is everywhere though, even if you play poker or bet on sports, HE is still there. Sure if you can win more than you lose, you'll be in profit. However, to do it consistently in the long run is difficult. Plus one wrong decision can delete all your profits.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Zed0X on May 11, 2024, 03:43:27 PM
If we're talking about all-time, then it's most likely a loss but I don't even know the exact amount or the close estimate. I'm sure all casino games I played for year ended up in net loss but I'm not sure about sports betting. For the latter, maybe break-even or close to that.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: 0t3p0t on May 11, 2024, 08:15:13 PM

What about you? Do you suffer because of gambling, or is it not worth the time to keep P&L since it's not significant?

I don't calculate all my winnings and losses, but you are right: the longer you play, the higher your chances to lose, so in the end, we end up failing because we become addicted to playing. I like to believe I'm at a loss because there are more losses than winnings.

I can count the number of times I won but cannot the losses, I guess gamblers are like that they like to remember their winnings and forget their losses.
Yeah exactly, only positive outcome can be remembered most of the time as that is something psychological. Same here mate, I also don't care about my winnings and losses what's important is that I am having fun with the game winning is just a bonus to me but yeah we all know that the reality is winning can be very elusive.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Primo1760 on May 11, 2024, 08:52:15 PM
Gambling is for entertainment and even though it is for entertainment, it is very important to keep track of winnings and losses in gambling. When I calculate my gambling wins and losses I can see that I have not lost I am in profit. But I don't know if I will be able to stop gambling with profits in the future but I hope I can stop gambling with profits in the future. But it is very important for every person to set a specific budget for gambling. If you gamble without setting a specific budget then you can lose a lot of things in life which will make you feel very helpless if you calculate at one time.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: kulkhan on May 12, 2024, 11:22:45 PM
Gambling is always unpredictable and risky. Profit and loss available in gambling. Some times i win from gambling and some times i losse from this gambling. But overall calculation i am losser. Bit that amount is very poor. Gambling is very critical foe gambling we need huge practice and study even for gambling luck is very important. Who is lucky he will be profitable in gambling. I saw some people always lossing and some people winning.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Aanuoluwatofunmi on May 13, 2024, 04:48:08 PM
This question raised by OP seems to be contemplating because with the general knowledge of what gambling is meant to be, i don't expect seeing a person talking about gambling in this way when we know that its more likely to loose when gambling than winning, this alone is good enough for us to understand what we want and how we could go about it, we shouldn't be gambling for making profits in the first place, it should be under the understanding of a means of being entertained.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Sim_card on May 13, 2024, 06:18:09 PM
Gamble is very risky, and comes with more of losses than profits. This is the reason why a gambler will experience more of loss than wins. In my entire gambling experience, I have lost more than what I win. The lost is like 4 times my win, and there is nothing I can do about it, because there will always be a time that you will realize that gambling is eating you up and you will start limiting the amount and time that you put into gambling.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Litzki1990 on May 14, 2024, 06:22:58 AM
Before gambling we must accept the fact that gambling can make me lose money just as I can win. People who decide to gamble considering profit and loss are usually not too excited about their own profit and loss, but those who gamble only thinking about profit are affected by the outcome. I have a lot of gambling experience and I have gained a lot of money from this experience. When I saw that I was losing regularly in gambling I took a break from gambling and made some changes in my strategy and started gambling again and I had some success there. If a gambler is only losing money then he should stop at that point and apply his skills by making some changes in strategy and then gamble.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: bitbit97 on May 14, 2024, 10:40:08 AM
I consider gambling as only a way of entertainment. That is why it is impossible to say that I am in a profit or a loss. For me, a deposit in a casino is similar to spending money. For money spend I get experience, fun, emotions. Even if I lose, I still got something in exchange. That is why I think I can say that I gained, or got profit. If we get this conversation into money direction, then to bad, I can only remember my large losses. However, if I look on the amount I've got from different bonuses (which are free money), then I havent lost much. If I look on transaction history, then I see that I have withdrawals. Confused with calculating all that, but I see my final balance as positive.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: mu_enrico on May 14, 2024, 07:07:17 PM
When I calculate my gambling wins and losses I can see that I have not lost I am in profit. But I don't know if I will be able to stop gambling with profits in the future but I hope I can stop gambling with profits in the future.
Finally, we have one member that's still in green!
How long have you been gambling mate and what kind of games do you play?

Here's the updated tally 1 profit, 5 losses, 1 break even. Don't forget to vote guys!
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: luckyledger on May 15, 2024, 01:09:28 PM
When I calculate my gambling wins and losses I can see that I have not lost I am in profit. But I don't know if I will be able to stop gambling with profits in the future but I hope I can stop gambling with profits in the future.
Finally, we have one member that's still in green!
How long have you been gambling mate and what kind of games do you play?

Here's the updated tally 1 profit, 5 losses, 1 break even. Don't forget to vote guys!

I take the fixed deposit for a month and spend it on betting and gambling. I can't say for the whole time, but it seems I am around neutral PnL!
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Dr.Bitcoin_Strange on May 15, 2024, 02:02:01 PM
Gamble is very risky, and comes with more of losses than profits. This is the reason why a gambler will experience more of loss than wins. In my entire gambling experience, I have lost more than what I win. The lost is like 4 times my win, and there is nothing I can do about it, because there will always be a time that you will realize that gambling is eating you up and you will start limiting the amount and time that you put into gambling.
That's very true and that's more reason why a gambler shouldn't really be focusing on whether he's making more losses or winnings. Ordinarily, gambling shouldn't be all about the wins or the outcome of every game, as long as you're having fun at the end of the day, which should be the goal, gambling should be all about the fun and thrill, and not to be accessed by how often one wins or loses.
Well except of course the gambler in question is struggling with gambling problems and then notices that he loses all the time, then he can make an assessment to know the outcome of his gambling activities in order to help him restructure his strategy and approach to avoid more losses
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: electronicash on May 18, 2024, 10:20:11 PM

anyone who sees himself not winning i think would stop and reflect whether gambling really for him or not. i have lost countless times but because i don't wager large amount, it doesn't really bother me when i sometimes get a about 5 losing its still a small amount.

what is satisfying for me in gambling is that i am watching a sports match, rooting for a team or a boxer  and then winning some USD while i celebrate the teams win.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: 0t3p0t on May 19, 2024, 12:33:27 AM
When I calculate my gambling wins and losses I can see that I have not lost I am in profit. But I don't know if I will be able to stop gambling with profits in the future but I hope I can stop gambling with profits in the future.
Finally, we have one member that's still in green!
How long have you been gambling mate and what kind of games do you play?

Here's the updated tally 1 profit, 5 losses, 1 break even. Don't forget to vote guys!

I take the fixed deposit for a month and spend it on betting and gambling. I can't say for the whole time, but it seems I am around neutral PnL!
Well that is great and good for you mate as I personally has majority of my bets goes bad though it was just a small amount of money but still counted as loss which is the majority of all the results hopefully I will be lucky soon ro get back all the losses I have. 😅
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Dr.Bitcoin_Strange on May 19, 2024, 07:10:44 PM
Well that is great and good for you mate as I personally has majority of my bets goes bad though it was just a small amount of money but still counted as loss which is the majority of all the results hopefully I will be lucky soon ro get back all the losses I have. 😅
Don't even think about it mate cos I don't see that happening, except of course you're able to come up with an effective gambling technique that enables you to win more often, which is also almost impossible, because gambling is designed to always be in favour of the house more than the gambler, so if you're hoping that you're gonna magically recover all the losses you've made so far, no matter how small, then you'll be really disappointed and if you still persist, it could result to more losses or even worst, so it's best you just concentrate on your normal gambling routine and forget about how much youve lost, as long as you're gambling responsibly and enjoying the experience, that's all that matters.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Unbunplease on May 19, 2024, 07:18:43 PM
As for me, it turned out that I was neither at a disadvantage nor a plus. That is, I got only pleasure and did not actually receive any material reward. It happens. It is better to leave with your head held high :))))
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Sim_card on May 19, 2024, 08:04:25 PM

What about you? Do you suffer because of gambling, or is it not worth the time to keep P&L since it's not significant?

I don't calculate all my winnings and losses, but you are right: the longer you play, the higher your chances to lose, so in the end, we end up failing because we become addicted to playing. I like to believe I'm at a loss because there are more losses than winnings.

I can count the number of times I won but cannot the losses, I guess gamblers are like that they like to remember their winnings and forget their losses.
Yeah exactly, only positive outcome can be remembered most of the time as that is something psychological. Same here mate, I also don't care about my winnings and losses what's important is that I am having fun with the game winning is just a bonus to me but yeah we all know that the reality is winning can be very elusive.
I could remember when I was a kid and my PS2 game got bad, because I am so much found of the game, I had to go out to where you pay money to play your favorite PS2 game. I do go there to pay and play, sometimes I win and will continue playing with my champ, but sometimes I also pay for all the game I play because maybe I am playing with someone that is always winning me. This how I see gamble, pay for you game and if you win, it is more fun, but if you lose, you go home when you have exhausted your gamble budget.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: kulkhan on May 19, 2024, 10:45:02 PM

anyone who sees himself not winning i think would stop and reflect whether gambling really for him or not. i have lost countless times but because i don't wager large amount, it doesn't really bother me when i sometimes get a about 5 losing its still a small amount.

what is satisfying for me in gambling is that i am watching a sports match, rooting for a team or a boxer  and then winning some USD while i celebrate the teams win.
I think gambling is very risky, Frofit from gambling is very tuff. By chance if anyone win big amount and contnie he will loss and his fund will be zero there has no doubt. Huge people involving on gambling and some times they are wining and some times losing.

I am also a gambler and i paly game some times. But i am truly slacking i am not profitable from here.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: SmartGold01 on May 19, 2024, 11:16:36 PM
I think gambling is very risky, Frofit from gambling is very tuff. By chance if anyone win big amount and contnie he will loss and his fund will be zero there has no doubt. Huge people involving on gambling and some times they are wining and some times losing.

I am also a gambler and i paly game some times. But i am truly slacking i am notpeofites from here.
What we should know about gambling is that there's no person that gas gambled and ends up never emptied their account before and of a true the lose incur is more than the profit involved in gambling therefore it's often recorded more lost than profit.
For long never gambled on profits instead the profits is very low compared to lose.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: kulkhan on May 19, 2024, 11:37:03 PM
I think gambling is very risky, Frofit from gambling is very tuff. By chance if anyone win big amount and contnie he will loss and his fund will be zero there has no doubt. Huge people involving on gambling and some times they are wining and some times losing.

I am also a gambler and i paly game some times. But i am truly slacking i am notpeofites from here.
What we should know about gambling is that there's no person that gas gambled and ends up never emptied their account before and of a true the lose incur is more than the profit involved in gambling therefore it's often recorded more lost than profit.
For long never gambled on profits instead the profits is very low compared to lose.
Yes i also think there has some profit but profit rate is fewer then loss. So i want to avoid gambling. Overall consideration i am not profited from here i am some loser from gambling.

Always i want to quite from gambling but i could not do that. When i get some mony then i lode my account for gamble.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Aanuoluwatofunmi on May 20, 2024, 07:07:28 PM
Going by the virtue of winning bet to that of loosing them, we can say its a lost because we have made a lot of losses on gambling, but if we are to consider the satisfaction and desire for gambling and the entertained we are being deliberate about to achieve with gambling, we can say its all about profit to us because we make use of our money to achieve what we want in having fun while gambling.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: electronicash on May 20, 2024, 10:21:28 PM


anyone who sees himself not winning i think would stop and reflect whether gambling really for him or not. i have lost countless times but because i don't wager large amount, it doesn't really bother me when i sometimes get a about 5 losing its still a small amount.

what is satisfying for me in gambling is that i am watching a sports match, rooting for a team or a boxer  and then winning some USD while i celebrate the teams win.
I think gambling is very risky, Frofit from gambling is very tuff. By chance if anyone win big amount and contnie he will loss and his fund will be zero there has no doubt. Huge people involving on gambling and some times they are wining and some times losing.

I am also a gambler and i paly game some times. But i am truly slacking i am not profitable from here.

usually people who lose in gambling and still wants to play, they will find a way to win. look for strategy or to a point of cheating  ;D

been there for sometime. but with a casino game, i surely doubt we could cheat them on their own game. that's why i stick to sports betting only because although they edge is still with the house, we could play around what seem to work for the  fellow sports bettors.

Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Dr.Bitcoin_Strange on May 22, 2024, 02:11:59 PM


anyone who sees himself not winning i think would stop and reflect whether gambling really for him or not. i have lost countless times but because i don't wager large amount, it doesn't really bother me when i sometimes get a about 5 losing its still a small amount.

what is satisfying for me in gambling is that i am watching a sports match, rooting for a team or a boxer  and then winning some USD while i celebrate the teams win.
I think gambling is very risky, Frofit from gambling is very tuff. By chance if anyone win big amount and contnie he will loss and his fund will be zero there has no doubt. Huge people involving on gambling and some times they are wining and some times losing.

I am also a gambler and i paly game some times. But i am truly slacking i am not profitable from here.

usually people who lose in gambling and still wants to play, they will find a way to win. look for strategy or to a point of cheating  ;D

been there for sometime. but with a casino game, i surely doubt we could cheat them on their own game. that's why i stick to sports betting only because although they edge is still with the house, we could play around what seem to work for the  fellow sports bettors.
It's even easier to cheat in casino games than it is in sports betting, especially card games or roulette, depending on how experienced you are in the games, how fast you can move without being detected and how much control you have over your opponent, you can set the rules to favour you more than the house, but it requires a great level of skills and tricks to do that, I've seen people do it in casinos without even getting caught.

But sports betting isn't like that, there's no way, I mean not a single possibility of cheating since you're not playing with an opponent, everything is programmed, leaving you with variety of options to choose from, if luck is on your side and you've got a pretty analytical skill, then you're likely to make the right choices, but if not, you make the wrong choices and lose, and that's just the game
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: mu_enrico on May 25, 2024, 05:15:51 PM
But sports betting isn't like that, there's no way, I mean not a single possibility of cheating since you're not playing with an opponent, everything is programmed, leaving you with variety of options to choose from, if luck is on your side and you've got a pretty analytical skill, then you're likely to make the right choices, but if not, you make the wrong choices and lose, and that's just the game
This is only for the average Joe though...
For people with enough money and influence, it's easier to rig sports events, hence match-fixing is quite common, especially in low-quality competitions.
People also do arbitrage (kinda similar to table game cheating) as it's the only sure way to get profits, but still, if you are caught, your balance will be confiscated.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: $crypto$ on May 26, 2024, 08:19:33 PM
Going by the virtue of winning bet to that of loosing them, we can say its a lost because we have made a lot of losses on gambling, but if we are to consider the satisfaction and desire for gambling and the entertained we are being deliberate about to achieve with gambling, we can say its all about profit to us because we make use of our money to achieve what we want in having fun while gambling.
I think most will feel defeat rather than victory. The reason is that we only win occasionally and we experience defeat all the time, so if we accumulate everything we will get a losing score.

But as you said, we are here to gamble for fun. Let's say we go on holiday to an island and spend a lot of money. But the difference is that this is entertainment without leaving the house. Lol
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: 0t3p0t on May 26, 2024, 11:10:58 PM
I think gambling is very risky, Frofit from gambling is very tuff. By chance if anyone win big amount and contnie he will loss and his fund will be zero there has no doubt. Huge people involving on gambling and some times they are wining and some times losing.

I am also a gambler and i paly game some times. But i am truly slacking i am notpeofites from here.
What we should know about gambling is that there's no person that gas gambled and ends up never emptied their account before and of a true the lose incur is more than the profit involved in gambling therefore it's often recorded more lost than profit.
For long never gambled on profits instead the profits is very low compared to lose.
Yes i also think there has some profit but profit rate is fewer then loss. So i want to avoid gambling. Overall consideration i am not profited from here i am some loser from gambling.

Always i want to quite from gambling but i could not do that. When i get some mony then i lode my account for gamble.
I am not totally out from gambling but I just minimized my time and budget on it so things will still go in the right way possible. Only few people are having their win/lose ration on a positive side and I am not one of them. Though I just only spent few dollars for lottery tickets but with casino games damn! Not gonna play that ever again except for sports betting.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Dr.Bitcoin_Strange on May 30, 2024, 05:20:10 AM
But sports betting isn't like that, there's no way, I mean not a single possibility of cheating since you're not playing with an opponent, everything is programmed, leaving you with variety of options to choose from, if luck is on your side and you've got a pretty analytical skill, then you're likely to make the right choices, but if not, you make the wrong choices and lose, and that's just the game
This is only for the average Joe though...
For people with enough money and influence, it's easier to rig sports events, hence match-fixing is quite common, especially in low-quality competitions.
People also do arbitrage (kinda similar to table game cheating) as it's the only sure way to get profits, but still, if you are caught, your balance will be confiscated.
That's completely true.
Those with some level of influence can indeed manipulate sports events and bend the rules to their own advantage.
And this is worth looking into, because gamble activities should be done without manipulation and with fairness, regardless of the fact that gambling isn't the most lucrative activity, there's still need to apply fairness.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: JoyMarsha on May 30, 2024, 10:46:38 PM
Gambling generally comes with winnings and losses, everyone wins and everyone loses, but it completely depends on one's individual approaches to know if they'll stay in profit after winning or if they'll gamble away the little win theyve been able to secure.
Some gamblers are just to greedy that even if they win, their wins are never enough for them, either because they keep record of their losses and decided to recover it all that day and of course we all know how that usually ends.
Losses I think, for those gamblers who are greedy, aim to earn it all by recovering all their long term losses from gambling.
Some gamblers forget that they can't get engaged in gambling and win all the time. Their chances of losing are higher than their winning. It would be good if they approach gambling with less seriousness than having many expectations from gambling to provide them with many winnings
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Rubel007 on May 31, 2024, 08:40:45 AM

anyone who sees himself not winning i think would stop and reflect whether gambling really for him or not. i have lost countless times but because i don't wager large amount, it doesn't really bother me when i sometimes get a about 5 losing its still a small amount.

what is satisfying for me in gambling is that i am watching a sports match, rooting for a team or a boxer  and then winning some USD while i celebrate the teams win.
I think gambling is very risky, Frofit from gambling is very tuff. By chance if anyone win big amount and contnie he will loss and his fund will be zero there has no doubt. Huge people involving on gambling and some times they are wining and some times losing.

I am also a gambler and i paly game some times. But i am truly slacking i am not profitable from here.
I have been gambling for a long time but in my long gambling carrier I have not won any bet for sure. Also, as long as I have gambled, I have lost when I most expected to win. If I review the entire time of my gambling life, i lost most of the time. But still I love gambling. Because I can enjoy the gambling time very much. I had some winnings in my gambling life but failed to utilize those winnings.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Igebotz on May 31, 2024, 08:53:42 AM
What about you? Do you suffer because of gambling, or is it not worth the time to keep P&L since it's not significant?

I will rate my performance in gambling as profitable. Losing is part of gambling but it becomes a problem when you loss more than you win or when your loss exceeds your profit then you are not a successful gambler.  One of the reasons people fall into debt is when they try to recoup their loss and this push is manifested when after check and balance they are on deficit.

Gambling is a game that if you must profit then you must avoid greed. You must be contented with winning little. When you build little by little you will record profit and when you want to hit it at ones you will be at loss. The reason is simple. You will have to shoulder more risks and the more risk you shoulder, the lesser the possibility of winning.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: mu_enrico on June 08, 2024, 07:12:50 PM
What about you? Do you suffer because of gambling, or is it not worth the time to keep P&L since it's not significant?
I will rate my performance in gambling as profitable.
Congrats, man! You are one of the three members who are in the green, while the other five are in the red and two are break-even. So it's not impossible to be profitable by gambling. Sure, based on the poll, 70% end up at a loss or break-even, but some of you who are lucky can earn money.

Perhaps that's why this activity has been very appealing since ancient times: some people can earn money by gambling.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: MUGNIA on June 29, 2024, 01:56:19 PM

anyone who sees himself not winning i think would stop and reflect whether gambling really for him or not. i have lost countless times but because i don't wager large amount, it doesn't really bother me when i sometimes get a about 5 losing its still a small amount.

what is satisfying for me in gambling is that i am watching a sports match, rooting for a team or a boxer  and then winning some USD while i celebrate the teams win.
I think gambling is very risky, Frofit from gambling is very tuff. By chance if anyone win big amount and contnie he will loss and his fund will be zero there has no doubt. Huge people involving on gambling and some times they are wining and some times losing.

I am also a gambler and i paly game some times. But i am truly slacking i am not profitable from here.

Turns out I'm not the only one who feels this way, I don't get the benefits of wasting my time,
It's different if I try to win in the game, I will be even more enthusiastic about betting
Is this feeling experienced by every gambler, a feeling of curiosity and greed for victory in the game
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Igebotz on June 29, 2024, 08:07:16 PM
Turns out I'm not the only one who feels this way, I don't get the benefits of wasting my time,
It's different if I try to win in the game, I will be even more enthusiastic about betting
Is this feeling experienced by every gambler, a feeling of curiosity and greed for victory in the game

If you gamble in your spare time, you will not be concerned about wasting time because the hours you spend gambling are not working hours. This is why it is best to gamble only during leisure time. There are numerous benefits to gambling during leisure time. It allows the gambler to focus on the gambling session and then make informed and well-analyzed decisions that maximize winnings. 
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Dr.Bitcoin_Strange on June 29, 2024, 09:55:44 PM
Turns out I'm not the only one who feels this way, I don't get the benefits of wasting my time,
It's different if I try to win in the game, I will be even more enthusiastic about betting
Is this feeling experienced by every gambler, a feeling of curiosity and greed for victory in the game

If you gamble in your spare time, you will not be concerned about wasting time because the hours you spend gambling are not working hours. This is why it is best to gamble only during leisure time. There are numerous benefits to gambling during leisure time. It allows the gambler to focus on the gambling session and then make informed and well-analyzed decisions that maximize winnings.
This I believe also applies to people who feel others are wasting money on gambling.
If a gambler is only gambling with his spare money or money he can afford to lose, then even if he loses all of it, it's really not wastage, because he knew that he'd possibly lose the money and he was willing to risk it, in exchange for his pleasure and for the thrill of the game, so whether he losses or wins with the money he staked shouldn't really matter, as long as he's had his own share of fun at the end of his gambling session.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Agbe on July 04, 2024, 09:50:55 PM
Turns out I'm not the only one who feels this way, I don't get the benefits of wasting my time,
It's different if I try to win in the game, I will be even more enthusiastic about betting
Is this feeling experienced by every gambler, a feeling of curiosity and greed for victory in the game

If you gamble in your spare time, you will not be concerned about wasting time because the hours you spend gambling are not working hours. This is why it is best to gamble only during leisure time. There are numerous benefits to gambling during leisure time. It allows the gambler to focus on the gambling session and then make informed and well-analyzed decisions that maximize winnings.
This I believe also applies to people who feel others are wasting money on gambling.
If a gambler is only gambling with his spare money or money he can afford to lose, then even if he loses all of it, it's really not wastage, because he knew that he'd possibly lose the money and he was willing to risk it, in exchange for his pleasure and for the thrill of the game, so whether he losses or wins with the money he staked shouldn't really matter, as long as he's had his own share of fun at the end of his gambling session.
Gambling with spare time.is different from spare money. And according to Igebotz, when a gambler used his spare time to visit the website or hall then they is no time wasted because it is the time he is not doing anything and or using it to watch movies. But the spare money is the thing I am not comfortable with because there is no spare money in anywhere. But all what we can do is to separate the money foe gambling as a budget for gamble either monthly or weekly. But if you say spare money, I have not gotten spare money since when I started the gambling game.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Rubel007 on July 05, 2024, 12:47:03 PM
Turns out I'm not the only one who feels this way, I don't get the benefits of wasting my time,
It's different if I try to win in the game, I will be even more enthusiastic about betting
Is this feeling experienced by every gambler, a feeling of curiosity and greed for victory in the game

If you gamble in your spare time, you will not be concerned about wasting time because the hours you spend gambling are not working hours. This is why it is best to gamble only during leisure time. There are numerous benefits to gambling during leisure time. It allows the gambler to focus on the gambling session and then make informed and well-analyzed decisions that maximize winnings.
Agree with your opinion. Gambling at leisure time a gambler can be free from various kinds of stress. To meet the demands of everyday life one has to be busy with various activities but when the person gets a break for a period of time he can be completely free from all aspects. He can focus relatively well when gambling at this time. If one decides to gamble without leisure time then he will definitely waste his working time. At that moment If he loses at gambling he will suffer financially as well as his working life. So, whatever one does gamble outside of leisure time must be detrimental to the gambler.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Igebotz on July 05, 2024, 06:53:59 PM
Turns out I'm not the only one who feels this way, I don't get the benefits of wasting my time,
It's different if I try to win in the game, I will be even more enthusiastic about betting
Is this feeling experienced by every gambler, a feeling of curiosity and greed for victory in the game

If you gamble in your spare time, you will not be concerned about wasting time because the hours you spend gambling are not working hours. This is why it is best to gamble only during leisure time. There are numerous benefits to gambling during leisure time. It allows the gambler to focus on the gambling session and then make informed and well-analyzed decisions that maximize winnings.
Agree with your opinion. Gambling at leisure time a gambler can be free from various kinds of stress. To meet the demands of everyday life one has to be busy with various activities but when the person gets a break for a period of time he can be completely free from all aspects. He can focus relatively well when gambling at this time. If one decides to gamble without leisure time then he will definitely waste his working time. At that moment If he loses at gambling he will suffer financially as well as his working life. So, whatever one does gamble outside of leisure time must be detrimental to the gambler.

Even if a person is unemployed, it is not advisable for him to gamble constantly. He still needs to schedule a time when he can be focused and relaxed enough to gamble. Gambling requires a stable mind to make the right decision.

A shattered mind may not make good predictions because the gambler will not be aware of certain factors that can influence the outcome of the game. When such factors are ignored, the gambler is unable to avoid risks that should normally be avoided, resulting in more losses than wins.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Harkorede on July 05, 2024, 07:44:08 PM
Turns out I'm not the only one who feels this way, I don't get the benefits of wasting my time,
It's different if I try to win in the game, I will be even more enthusiastic about betting
Is this feeling experienced by every gambler, a feeling of curiosity and greed for victory in the game

If you gamble in your spare time, you will not be concerned about wasting time because the hours you spend gambling are not working hours. This is why it is best to gamble only during leisure time. There are numerous benefits to gambling during leisure time. It allows the gambler to focus on the gambling session and then make informed and well-analyzed decisions that maximize winnings.
Agree with your opinion. Gambling at leisure time a gambler can be free from various kinds of stress. To meet the demands of everyday life one has to be busy with various activities but when the person gets a break for a period of time he can be completely free from all aspects. He can focus relatively well when gambling at this time. If one decides to gamble without leisure time then he will definitely waste his working time. At that moment If he loses at gambling he will suffer financially as well as his working life. So, whatever one does gamble outside of leisure time must be detrimental to the gambler.

Even if a person is unemployed, it is not advisable for him to gamble constantly. He still needs to schedule a time when he can be focused and relaxed enough to gamble. Gambling requires a stable mind to make the right decision.

A shattered mind may not make good predictions because the gambler will not be aware of certain factors that can influence the outcome of the game. When such factors are ignored, the gambler is unable to avoid risks that should normally be avoided, resulting in more losses than wins.

If it's a general profit vs loss scheme, I would say I'm the very exception to famous saying of "the house always wins", maybe that's due to being conservative and calculative enough as gambler for me, I really don't chase my losses beyond necessary means, and more often than not I'm always very cautious and only do it often with the intent of having fun.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: 0t3p0t on July 05, 2024, 08:46:15 PM
Turns out I'm not the only one who feels this way, I don't get the benefits of wasting my time,
It's different if I try to win in the game, I will be even more enthusiastic about betting
Is this feeling experienced by every gambler, a feeling of curiosity and greed for victory in the game

If you gamble in your spare time, you will not be concerned about wasting time because the hours you spend gambling are not working hours. This is why it is best to gamble only during leisure time. There are numerous benefits to gambling during leisure time. It allows the gambler to focus on the gambling session and then make informed and well-analyzed decisions that maximize winnings.
Agree with your opinion. Gambling at leisure time a gambler can be free from various kinds of stress. To meet the demands of everyday life one has to be busy with various activities but when the person gets a break for a period of time he can be completely free from all aspects. He can focus relatively well when gambling at this time. If one decides to gamble without leisure time then he will definitely waste his working time. At that moment If he loses at gambling he will suffer financially as well as his working life. So, whatever one does gamble outside of leisure time must be detrimental to the gambler.

Even if a person is unemployed, it is not advisable for him to gamble constantly. He still needs to schedule a time when he can be focused and relaxed enough to gamble. Gambling requires a stable mind to make the right decision.

A shattered mind may not make good predictions because the gambler will not be aware of certain factors that can influence the outcome of the game. When such factors are ignored, the gambler is unable to avoid risks that should normally be avoided, resulting in more losses than wins.

If it's a general profit vs loss scheme, I would say I'm the very exception to famous saying of "the house always wins", maybe that's due to being conservative and calculative enough as gambler for me, I really don't chase my losses beyond necessary means, and more often than not I'm always very cautious and only do it often with the intent of having fun.
Great to hear that you are a disciplined gambler as most gamblers do the opposite like being emotional wherein that leads to addiction or gambling irresponsibly because of greed as most of gamblers love to chase losses and winnings which is I think a very bad idea as we all know that gambling is all about luck.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Harkorede on July 05, 2024, 09:02:11 PM
Turns out I'm not the only one who feels this way, I don't get the benefits of wasting my time,
It's different if I try to win in the game, I will be even more enthusiastic about betting
Is this feeling experienced by every gambler, a feeling of curiosity and greed for victory in the game

If you gamble in your spare time, you will not be concerned about wasting time because the hours you spend gambling are not working hours. This is why it is best to gamble only during leisure time. There are numerous benefits to gambling during leisure time. It allows the gambler to focus on the gambling session and then make informed and well-analyzed decisions that maximize winnings.
Agree with your opinion. Gambling at leisure time a gambler can be free from various kinds of stress. To meet the demands of everyday life one has to be busy with various activities but when the person gets a break for a period of time he can be completely free from all aspects. He can focus relatively well when gambling at this time. If one decides to gamble without leisure time then he will definitely waste his working time. At that moment If he loses at gambling he will suffer financially as well as his working life. So, whatever one does gamble outside of leisure time must be detrimental to the gambler.

Even if a person is unemployed, it is not advisable for him to gamble constantly. He still needs to schedule a time when he can be focused and relaxed enough to gamble. Gambling requires a stable mind to make the right decision.

A shattered mind may not make good predictions because the gambler will not be aware of certain factors that can influence the outcome of the game. When such factors are ignored, the gambler is unable to avoid risks that should normally be avoided, resulting in more losses than wins.

If it's a general profit vs loss scheme, I would say I'm the very exception to famous saying of "the house always wins", maybe that's due to being conservative and calculative enough as gambler for me, I really don't chase my losses beyond necessary means, and more often than not I'm always very cautious and only do it often with the intent of having fun.
Great to hear that you are a disciplined gambler as most gamblers do the opposite like being emotional wherein that leads to addiction or gambling irresponsibly because of greed as most of gamblers love to chase losses and winnings which is I think a very bad idea as we all know that gambling is all about luck.

I'm most definitely in a profit, I've not lost anything close to half of what I've made from gambling, my usual thing is Sports betting and when you're very cautious and you only bet on the sports you know well and follow well enough it's easier to make informative guesses, and just ignore certain bet traps, but occasionally I place illogical bets with high odds, but those are never high risks for me and it's always okay if the bet doesn't win.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Sim_card on July 05, 2024, 09:26:19 PM
Turns out I'm not the only one who feels this way, I don't get the benefits of wasting my time,
It's different if I try to win in the game, I will be even more enthusiastic about betting
Is this feeling experienced by every gambler, a feeling of curiosity and greed for victory in the game

If you gamble in your spare time, you will not be concerned about wasting time because the hours you spend gambling are not working hours. This is why it is best to gamble only during leisure time. There are numerous benefits to gambling during leisure time. It allows the gambler to focus on the gambling session and then make informed and well-analyzed decisions that maximize winnings.
Agree with your opinion. Gambling at leisure time a gambler can be free from various kinds of stress. To meet the demands of everyday life one has to be busy with various activities but when the person gets a break for a period of time he can be completely free from all aspects. He can focus relatively well when gambling at this time. If one decides to gamble without leisure time then he will definitely waste his working time. At that moment If he loses at gambling he will suffer financially as well as his working life. So, whatever one does gamble outside of leisure time must be detrimental to the gambler.

Even if a person is unemployed, it is not advisable for him to gamble constantly. He still needs to schedule a time when he can be focused and relaxed enough to gamble. Gambling requires a stable mind to make the right decision.

A shattered mind may not make good predictions because the gambler will not be aware of certain factors that can influence the outcome of the game. When such factors are ignored, the gambler is unable to avoid risks that should normally be avoided, resulting in more losses than wins.

If it's a general profit vs loss scheme, I would say I'm the very exception to famous saying of "the house always wins", maybe that's due to being conservative and calculative enough as gambler for me, I really don't chase my losses beyond necessary means, and more often than not I'm always very cautious and only do it often with the intent of having fun.
Great to hear that you are a disciplined gambler as most gamblers do the opposite like being emotional wherein that leads to addiction or gambling irresponsibly because of greed as most of gamblers love to chase losses and winnings which is I think a very bad idea as we all know that gambling is all about luck.

I'm most definitely in a profit, I've not lost anything close to half of what I've made from gambling, my usual thing is Sports betting and when you're very cautious and you only bet on the sports you know well and follow well enough it's easier to make informative guesses, and just ignore certain bet traps, but occasionally I place illogical bets with high odds, but those are never high risks for me and it's always okay if the bet doesn't win.
Wow..this is the opposite of gambling and is first time for me a hear a gambler saying that he has made more profit than losses in gambling. It means that your strategy is good or you are always lucky. I will put it on luck because no strategy can make you win if it is not your lucky day. I have losses than profits and I see it as a norm because gamb3is not where one can be guaranteed of making profit. But I feel bad and cheated sometimes when gambling without a win for a week.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Harkorede on July 06, 2024, 12:06:01 AM
Wow..this is the opposite of gambling and is first time for me a hear a gambler saying that he has made more profit than losses in gambling. It means that your strategy is good or you are always lucky. I will put it on luck because no strategy can make you win if it is not your lucky day. I have losses than profits and I see it as a norm because gamb3is not where one can be guaranteed of making profit. But I feel bad and cheated sometimes when gambling without a win for a week.

It all comes down to individuals approach towards betting limits and being logical, sometimes it doesn't work that, and don't get me wrong I've also had series of consecutive losses on bets, but when it comes my overall gross profits in terms of all my wagers minus what I've lost to betting, I'm significantly on the positive side, that I'm very sure about.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Baofeng on July 06, 2024, 01:00:24 AM
I will have to admit that I'm into net loss. And even though I have won from time to time, if I have to calculate, it's not enough to even think of a break even. But I think gamblers will still continue to play though, despite their losses.

Maybe the want to go and at least win some, or have some fun and be entertained as well. So it's really up to the gamblers, mindset here, just play the money that you can afford to lose and you will be good.

So congrats to those who are in net positive.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Kemarit on July 06, 2024, 01:07:27 AM
I voted for a big L, LOL, but that's the very definition of gambling, and most of the time the house edge are going to caught up with you and so if you are not that careful and very greedy, in the end you are going to suffer. And that's why I don't gamble as much as I can before, at least in land base casinos. There were times that I got into this gambling addiction till 2015. But I was able to snap back in time and really quit in 2015. I still play today but again, not that much. In online, I just bet on my favorite sports and slot games but I think I'm still losing money. But the thing right now is that I have self control.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Rubel007 on July 06, 2024, 01:00:14 PM
Turns out I'm not the only one who feels this way, I don't get the benefits of wasting my time,
It's different if I try to win in the game, I will be even more enthusiastic about betting
Is this feeling experienced by every gambler, a feeling of curiosity and greed for victory in the game

If you gamble in your spare time, you will not be concerned about wasting time because the hours you spend gambling are not working hours. This is why it is best to gamble only during leisure time. There are numerous benefits to gambling during leisure time. It allows the gambler to focus on the gambling session and then make informed and well-analyzed decisions that maximize winnings.
Agree with your opinion. Gambling at leisure time a gambler can be free from various kinds of stress. To meet the demands of everyday life one has to be busy with various activities but when the person gets a break for a period of time he can be completely free from all aspects. He can focus relatively well when gambling at this time. If one decides to gamble without leisure time then he will definitely waste his working time. At that moment If he loses at gambling he will suffer financially as well as his working life. So, whatever one does gamble outside of leisure time must be detrimental to the gambler.

Even if a person is unemployed, it is not advisable for him to gamble constantly. He still needs to schedule a time when he can be focused and relaxed enough to gamble. Gambling requires a stable mind to make the right decision.

A shattered mind may not make good predictions because the gambler will not be aware of certain factors that can influence the outcome of the game. When such factors are ignored, the gambler is unable to avoid risks that should normally be avoided, resulting in more losses than wins.

If it's a general profit vs loss scheme, I would say I'm the very exception to famous saying of "the house always wins", maybe that's due to being conservative and calculative enough as gambler for me, I really don't chase my losses beyond necessary means, and more often than not I'm always very cautious and only do it often with the intent of having fun.
Great to hear that you are a disciplined gambler as most gamblers do the opposite like being emotional wherein that leads to addiction or gambling irresponsibly because of greed as most of gamblers love to chase losses and winnings which is I think a very bad idea as we all know that gambling is all about luck.

I'm most definitely in a profit, I've not lost anything close to half of what I've made from gambling, my usual thing is Sports betting and when you're very cautious and you only bet on the sports you know well and follow well enough it's easier to make informative guesses, and just ignore certain bet traps, but occasionally I place illogical bets with high odds, but those are never high risks for me and it's always okay if the bet doesn't win.
You are prudent and lucky enough so you are still in profit. But in most cases gamblers lose more because they fail to control themselves. In gambling, if patience is maintained without betting all the time, then it is possible to reduce the risk. In gambling there is a higher chance of making profit if a particular bet can be made without taking part haphazardly. A common tendency among gamblers is that they tend to place bets one after the another, which leads to a higher losses.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Igebotz on July 06, 2024, 06:50:56 PM
You are prudent and lucky enough so you are still in profit. But in most cases gamblers lose more because they fail to control themselves. In gambling, if patience is maintained without betting all the time, then it is possible to reduce the risk. In gambling there is a higher chance of making profit if a particular bet can be made without taking part haphazardly. A common tendency among gamblers is that they tend to place bets one after the another, which leads to a higher losses.

I agree that with self control, a gambler can reduce the risk of gambling, but having self control does not guarantee you will win. The importance of self-control stems from the fact that it allows a gambler to reduce his losses by not gambling all of the time, allowing him to save money.

When we spend less time gambling, we indirectly save for the next gambling session. This is preferable to spending everything on one gambling session and then looking for extra money to gamble in the next session.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: 0t3p0t on July 06, 2024, 07:00:50 PM
Turns out I'm not the only one who feels this way, I don't get the benefits of wasting my time,
It's different if I try to win in the game, I will be even more enthusiastic about betting
Is this feeling experienced by every gambler, a feeling of curiosity and greed for victory in the game

If you gamble in your spare time, you will not be concerned about wasting time because the hours you spend gambling are not working hours. This is why it is best to gamble only during leisure time. There are numerous benefits to gambling during leisure time. It allows the gambler to focus on the gambling session and then make informed and well-analyzed decisions that maximize winnings.
Agree with your opinion. Gambling at leisure time a gambler can be free from various kinds of stress. To meet the demands of everyday life one has to be busy with various activities but when the person gets a break for a period of time he can be completely free from all aspects. He can focus relatively well when gambling at this time. If one decides to gamble without leisure time then he will definitely waste his working time. At that moment If he loses at gambling he will suffer financially as well as his working life. So, whatever one does gamble outside of leisure time must be detrimental to the gambler.

Even if a person is unemployed, it is not advisable for him to gamble constantly. He still needs to schedule a time when he can be focused and relaxed enough to gamble. Gambling requires a stable mind to make the right decision.

A shattered mind may not make good predictions because the gambler will not be aware of certain factors that can influence the outcome of the game. When such factors are ignored, the gambler is unable to avoid risks that should normally be avoided, resulting in more losses than wins.

If it's a general profit vs loss scheme, I would say I'm the very exception to famous saying of "the house always wins", maybe that's due to being conservative and calculative enough as gambler for me, I really don't chase my losses beyond necessary means, and more often than not I'm always very cautious and only do it often with the intent of having fun.
Great to hear that you are a disciplined gambler as most gamblers do the opposite like being emotional wherein that leads to addiction or gambling irresponsibly because of greed as most of gamblers love to chase losses and winnings which is I think a very bad idea as we all know that gambling is all about luck.

I'm most definitely in a profit, I've not lost anything close to half of what I've made from gambling, my usual thing is Sports betting and when you're very cautious and you only bet on the sports you know well and follow well enough it's easier to make informative guesses, and just ignore certain bet traps, but occasionally I place illogical bets with high odds, but those are never high risks for me and it's always okay if the bet doesn't win.
Wow! I wish I have the same luck and gambling habit as you have mate. I have been losing more than winning ever since I first gamble in early days. And I agree that sportsbetting really I think was better compared to slots games in casinos as we can choose  the best team we know for the win though choosing our favorite teams won't guarantee any winnings but yeah it is more promising than any other games in my opinon.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: mu_enrico on July 07, 2024, 06:54:10 PM
I will have to admit that I'm into net loss. And even though I have won from time to time, if I have to calculate, it's not enough to even think of a break even. But I think gamblers will still continue to play though, despite their losses.
LOL, even with all the prediction threads, you still end up in the red? My guess is that you also play casino games...

I still play today but again, not that much. In online, I just bet on my favorite sports and slot games but I think I'm still losing money. But the thing right now is that I have self control.
Slots in land-based casinos usually have a lower RTP than online, at least compared to the 96.5% online average. Playing online definitely saves more money since we don't have additional expenses for drinks, etc. People who survive gambling for years surely have learned great self-control techniques. ;)

So now the result tilts to the L side: 3 Profit - 2 Break Even - 7 Loss.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Ricardo11 on July 07, 2024, 07:22:04 PM
Before I used to gamble, but now I am not into gambling anymore. I have lost many times when I was gambling, and I have recovered those losses. Gambling depends entirely on luck. Because while gambling sometimes I have lost all the games that I had a chance to win. But due to luck I lost, now I don't gamble like before. Now I only hold bitcoins.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: salad daging on July 07, 2024, 07:34:51 PM
Before I used to gamble, but now I am not into gambling anymore. I have lost many times when I was gambling, and I have recovered those losses. Gambling depends entirely on luck. Because while gambling sometimes I have lost all the games that I had a chance to win. But due to luck I lost, now I don't gamble like before. Now I only hold bitcoins.
Gambling on a losing streak - been there...
Gambling with a good win once might be called a lucky day...

As long as you never chase losses it is certain to lose all of it so from now on gambling with ready to lose means that only a little money is deposited into the casino if it runs out then stop and come back next time.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: 0t3p0t on July 07, 2024, 09:39:30 PM
Before I used to gamble, but now I am not into gambling anymore. I have lost many times when I was gambling, and I have recovered those losses. Gambling depends entirely on luck. Because while gambling sometimes I have lost all the games that I had a chance to win. But due to luck I lost, now I don't gamble like before. Now I only hold bitcoins.
Lucky for you that you recovered from your loses because most gamblers don't and I was once who really has majority of my bets are losses. I was pretty unlucky with most of my gambling games and it is rare to see and hear gamblers beat the system and only few got a life changing story.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: sampoerna on July 07, 2024, 11:50:42 PM
Before I used to gamble, but now I am not into gambling anymore. I have lost many times when I was gambling, and I have recovered those losses. Gambling depends entirely on luck. Because while gambling sometimes I have lost all the games that I had a chance to win. But due to luck I lost, now I don't gamble like before. Now I only hold bitcoins.
Gambling on a losing streak - been there...
Gambling with a good win once might be called a lucky day...
The thing that is the target when gambling is getting a profit, whatever that amount is, right? The more profits we get, the better it is for us to stop gambling. Whether it's because of luck or no-luck, or various actions that are actually wrong and not enough.

But what is certain is that when we are on top of winning, we also have to control ourselves so as not to be tempted by the desire to gamble again and again. which might actually change and cause us to fail in terms of profits, in fact we will lose in the next round. . So when we continue the game, only a few people are able to improve it. This means people who are truly equipped with luck + hard effort + smart strategy in gambling + smart and wise management for gambling, it will be much better and have more significance roles. And this is always the risk that must be faced.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Unbunplease on July 07, 2024, 11:54:32 PM
I usually get a slight profit when gambling (I avoid games that have minimal or no human involvement). But not so much, unfortunately, that I can live comfortably on it. I will improve my skills :)))
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Igebotz on July 13, 2024, 07:47:47 PM
I usually get a slight profit when gambling (I avoid games that have minimal or no human involvement). But not so much, unfortunately, that I can live comfortably on it. I will improve my skills :)))

I also avoid playing virtual games. I believe that these games are easily manipulated, making it even more difficult to predict. When you lose in virtual games, you can not figure out why, so there is no way to improve because it is all luck and no skill, whereas football betting is different. When you make fewer football predictions, it is easier to win and analyze because you are dealing with the human factor.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: 0t3p0t on July 13, 2024, 08:02:18 PM
I usually get a slight profit when gambling (I avoid games that have minimal or no human involvement). But not so much, unfortunately, that I can live comfortably on it. I will improve my skills :)))
Exactly, staying away from slot machines will save us from losing all our gambling budget way too early and I agree that no one really does a lot of profit on gambling unless you got the jackpot. Here in my place I knew people who gamble from their early ages but unfortunately for their old age right now they are still not having the best win of their lives in gambling.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Igebotz on July 20, 2024, 10:13:50 PM
I usually get a slight profit when gambling (I avoid games that have minimal or no human involvement). But not so much, unfortunately, that I can live comfortably on it. I will improve my skills :)))
Exactly, staying away from slot machines will save us from losing all our gambling budget way too early and I agree that no one really does a lot of profit on gambling unless you got the jackpot. Here in my place I knew people who gamble from their early ages but unfortunately for their old age right now they are still not having the best win of their lives in gambling.

Gambling does not know age. Gambling does not know experience. Gambling does not know highest bidder. What I mean is that you could have been gambling for years and not have had a good win, whereas a newcomer could win big on his first attempt. Most people consider this first-timer luck.

Based on my experience, I always tell people that gambling is a business that does not recognize customers; simply gambling every day does not guarantee that you will be lucky. This is why, no matter how you gamble, you should always gamble responsibly. 
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: 0t3p0t on July 20, 2024, 10:28:08 PM
I usually get a slight profit when gambling (I avoid games that have minimal or no human involvement). But not so much, unfortunately, that I can live comfortably on it. I will improve my skills :)))
Exactly, staying away from slot machines will save us from losing all our gambling budget way too early and I agree that no one really does a lot of profit on gambling unless you got the jackpot. Here in my place I knew people who gamble from their early ages but unfortunately for their old age right now they are still not having the best win of their lives in gambling.

Gambling does not know age. Gambling does not know experience. Gambling does not know highest bidder. What I mean is that you could have been gambling for years and not have had a good win, whereas a newcomer could win big on his first attempt. Most people consider this first-timer luck.

Based on my experience, I always tell people that gambling is a business that does not recognize customers; simply gambling every day does not guarantee that you will be lucky. This is why, no matter how you gamble, you should always gamble responsibly.
Yeah exactly. If we gamble responsibly everything will always be fine  and will not gave us headaches, stress and disappointments in the long run because we fully understand what gambling is. Putting limits to it could make us feel safe from possible addiction.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Aanuoluwatofunmi on July 20, 2024, 11:46:10 PM
Most of us here would have been looking for that one and only chance of making profits over the losses we have had on gambling since inception, nut thinks don't just work like that as we may think of in gambling, we should accept the fact that we cannot keep on chasing after loss, except we want to accrue more to the incidence, we should always have in mind on gambling for only fun and that's all.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: vegasus on July 20, 2024, 11:58:46 PM
Most of us here would have been looking for that one and only chance of making profits over the losses we have had on gambling since inception, nut thinks don't just work like that as we may think of in gambling, we should accept the fact that we cannot keep on chasing after loss, except we want to accrue more to the incidence, we should always have in mind on gambling for only fun and that's all.
Because it cannot be denied that if someone gambles, their highest hope is to get more money. That's where the fun in gambling comes from. If I continue to act, then I'm not sure I will enjoy the fun of gambling. That's quite reasonable because gambling is very risky, and someone can become addicted to gambling very easily. If there is no good management it will be very easy to get addicted. And it is also related to the hope of winning and taking profits continuously for entrepreneurs, but the reality is different and the opposite.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Aanuoluwatofunmi on July 23, 2024, 12:42:40 AM
In situations like this, we may have different opinions because we have various expectations each everyone of us comes with in gambling, some will see it in ways different from how other view it, and we cant blame anyone on their decision because gambling is by choice, but the purpose to why we are gambling will define whether we are in profit with gambling or running losses.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Igebotz on July 27, 2024, 07:10:24 PM
In situations like this, we may have different opinions because we have various expectations each everyone of us comes with in gambling, some will see it in ways different from how other view it, and we cant blame anyone on their decision because gambling is by choice, but the purpose to why we are gambling will define whether we are in profit with gambling or running losses.

True, gamblers' perceptions of gambling differ, and this is also what determines the gambler's profitability. For example, if a gambler spends $50,000 and wins $60,000, he may celebrate, whereas another gambler may dismiss the win as insignificant and even lament that it is insignificant in comparison to his losses. Furthermore, some gamblers consistently state that they will not stop gambling until they have made millions. Such gamblers will never believe they are in profit until they have made millions.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: JunaidAzizi on July 27, 2024, 09:01:11 PM
In situations like this, we may have different opinions because we have various expectations each everyone of us comes with in gambling, some will see it in ways different from how other view it, and we cant blame anyone on their decision because gambling is by choice, but the purpose to why we are gambling will define whether we are in profit with gambling or running losses.
Honestly speaking, it doesn't matter whether you end up with a loss or profit because in gambling, sometimes you will win and sometimes you will lose. Just because a person ends up with a loss doesn't mean that they faced a loss throughout their gambling journey, and if they end up with a profit, it doesn't mean they earn profits every time. The situation can interchange; sometimes there are losses and sometimes profits. All I have to say is that you can't always have profits or losses; it depends on your understanding and level of knowledge. To achieve profits, you should ensure you have good knowledge and experience, and sometimes luck also plays a role. So, if you lose, it doesn't mean that you have less knowledge.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: 0t3p0t on July 27, 2024, 09:26:11 PM
In situations like this, we may have different opinions because we have various expectations each everyone of us comes with in gambling, some will see it in ways different from how other view it, and we cant blame anyone on their decision because gambling is by choice, but the purpose to why we are gambling will define whether we are in profit with gambling or running losses.
Yeah exactly. Different opinions comes from different experiences and situations in our gambling activities as some gamblers manage to hit the luck of a lifetime I mean a life changing win is different from a devastating loss. What is important here is that we are having fun whatever result we got from gambling itself.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: |MINER| on July 28, 2024, 10:39:32 PM
Yeah exactly. Different opinions comes from different experiences and situations in our gambling activities as some gamblers manage to hit the luck of a lifetime I mean a life changing win is different from a devastating loss. What is important here is that we are having fun whatever result we got from gambling itself.
And that is called gambling. As I have to repeat the words "Gambling depends on luck". I have same history on gambling have face loss some times and win some time. It never stays the same. But in my case, I have noticed that I lose more money while playing casino slot games, on the other hand, in sports betting, my loss amount is less than the amount of win. I don't know if it's the same for everyone but I expressed what happened in my case.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: LUCKMCFLY on August 01, 2024, 09:49:17 PM
In situations like this, we may have different opinions because we have various expectations each everyone of us comes with in gambling, some will see it in ways different from how other view it, and we cant blame anyone on their decision because gambling is by choice, but the purpose to why we are gambling will define whether we are in profit with gambling or running losses.
Yeah exactly. Different opinions comes from different experiences and situations in our gambling activities as some gamblers manage to hit the luck of a lifetime I mean a life changing win is different from a devastating loss. What is important here is that we are having fun whatever result we got from gambling itself.

Whenever there are touches of luck in the game you have to make the most of it, but that's why you have to be clear about things, for example, if you play and you have a big luck then it's simple, take that money and invest it, put it to work, invest in bitcoin, but do something smart , not do things that we will regret later, I consider that we should take advantage of touches of luck to improve our lives, not to make them worse, although there are many players who are always there to not see it that way but to lose, and I think that this is talked about so that a player in a good Position takes Advantage of his luck.

Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Igebotz on August 03, 2024, 09:46:14 PM
In situations like this, we may have different opinions because we have various expectations each everyone of us comes with in gambling, some will see it in ways different from how other view it, and we cant blame anyone on their decision because gambling is by choice, but the purpose to why we are gambling will define whether we are in profit with gambling or running losses.
Yeah exactly. Different opinions comes from different experiences and situations in our gambling activities as some gamblers manage to hit the luck of a lifetime I mean a life changing win is different from a devastating loss. What is important here is that we are having fun whatever result we got from gambling itself.

Whenever there are touches of luck in the game you have to make the most of it, but that's why you have to be clear about things, for example, if you play and you have a big luck then it's simple, take that money and invest it, put it to work, invest in bitcoin, but do something smart , not do things that we will regret later, I consider that we should take advantage of touches of luck to improve our lives, not to make them worse, although there are many players who are always there to not see it that way but to lose, and I think that this is talked about so that a player in a good Position takes Advantage of his luck.

Good advise. It is always said that a word is enough for the wise. I will point out that any gambler who can not control himself when he has not won can not control himself when he does win. Some gamblers have what it takes to solve their problems and pay their bills, but their greed, manifested in the desire for more, causes them to avoid paying the bill and instead use it to gamble for more. For example, if a gambler has $200 and needs $200 to pay a bill, a greedy gambler will prefer to gamble a portion of the $200, and this desperation will cause him to lose everything and start running around looking for $200 to settle the bill when it becomes urgent.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: milewilda on August 03, 2024, 10:33:04 PM
In situations like this, we may have different opinions because we have various expectations each everyone of us comes with in gambling, some will see it in ways different from how other view it, and we cant blame anyone on their decision because gambling is by choice, but the purpose to why we are gambling will define whether we are in profit with gambling or running losses.
Yeah exactly. Different opinions comes from different experiences and situations in our gambling activities as some gamblers manage to hit the luck of a lifetime I mean a life changing win is different from a devastating loss. What is important here is that we are having fun whatever result we got from gambling itself.

Whenever there are touches of luck in the game you have to make the most of it, but that's why you have to be clear about things, for example, if you play and you have a big luck then it's simple, take that money and invest it, put it to work, invest in bitcoin, but do something smart , not do things that we will regret later, I consider that we should take advantage of touches of luck to improve our lives, not to make them worse, although there are many players who are always there to not see it that way but to lose, and I think that this is talked about so that a player in a good Position takes Advantage of his luck.

Good advise. It is always said that a word is enough for the wise. I will point out that any gambler who can not control himself when he has not won can not control himself when he does win. Some gamblers have what it takes to solve their problems and pay their bills, but their greed, manifested in the desire for more, causes them to avoid paying the bill and instead use it to gamble for more. For example, if a gambler has $200 and needs $200 to pay a bill, a greedy gambler will prefer to gamble a portion of the $200, and this desperation will cause him to lose everything and start running around looking for $200 to settle the bill when it becomes urgent.
When greed kicks in, then this is where shit things happen no matter what specially on gambling. The key on here for you not to make yourself that getting devastated is to make yourself having that stick into your emotions and limits on which this is something which is really that crucial. Make yourself that being impulsive then you do lose even more, you would be trying out to chase loses then you would lose even more, trying out to hit up some huge wins? you would be losing even more, not unless if you would really be lucky on some point but its not really that recommended on having this kind of approach on things on which we know that it will really be that creating something that you might regret for the rest of your life specially on the moment that
your financial condition had been greatly affected.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Rubel007 on August 03, 2024, 11:01:44 PM
I usually get a slight profit when gambling (I avoid games that have minimal or no human involvement). But not so much, unfortunately, that I can live comfortably on it. I will improve my skills :)))
I won good amount of money from gambling in casino games but I could not keep that money. After winning, I subsequently lost that money. Later I tried skill based games and there too I am in between wins and losses. However, I can't give a specific answer on what my overall win or loss because I'm still gambling. Maybe a result will be available when I retire from gambling completely. Although I can't give my betting statistics at the moment, I think I have more losses than wins.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: LUCKMCFLY on August 06, 2024, 05:24:43 PM
When greed kicks in, then this is where shit things happen no matter what specially on gambling. The key on here for you not to make yourself that getting devastated is to make yourself having that stick into your emotions and limits on which this is something which is really that crucial.

Greed is a huge mistake, and the worst thing is that sometimes we fall into that mistake, whether we want to or not , we will always feel that Impulse to make more money when we play at the casino, especially when we win, or are winning a lot, because we do not get used to that Comfort of doing things to improve, what I can say is that Every Time we can play with limited Money is what I advise and if you lose, no way , nothing to do, you have to accept it , never chase losses.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Gurujebs on August 06, 2024, 05:31:03 PM
Greed is a huge mistake, and the worst thing is that sometimes we fall into that mistake, whether we want to or not , we will always feel that Impulse to make more money when we play at the casino, especially when we win, or are winning a lot, because we do not get used to that Comfort of doing things to improve, what I can say is that Every Time we can play with limited Money is what I advise and if you lose, no way , nothing to do, you have to accept it , never chase losses.

I do tell people ttat greed is a something that everyone need to learn and understand, you don't really has to be a gambler before you know when to control your greed. You will need it more than anything and there is one thing I have learn from been able to control greed, you will never make any loss when you control your greed and protect you from any further losses.

Some people don't know when to quit and when to stop gambling. They atimes get match with the comfort of luck and assume it will continue like that, not knowing that such is a trap to suck all you have won together with your capital or bankroll if their is one.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: LUCKMCFLY on August 06, 2024, 05:57:50 PM
Some people don't know when to quit and when to stop gambling. They atimes get match with the comfort of luck and assume it will continue like that, not knowing that such is a trap to suck all you have won together with your capital or bankroll if their is one.

Well you are right about that , I personally believe that this is one of the biggest things that can be considered as causing addiction in some people, first because it is very normal for players to think that everything is going to end and that they will not have another chance, the other thing is that when we are looking for a way to do things better, greed appears, especially when you win , some say that when you are winning in a casino it is only more dangerous because you want to win a lot more money and when you start to lose the player cannot Accept it and that is why Control is lost.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: 0t3p0t on August 06, 2024, 10:12:20 PM
Some people don't know when to quit and when to stop gambling. They atimes get match with the comfort of luck and assume it will continue like that, not knowing that such is a trap to suck all you have won together with your capital or bankroll if their is one.

Well you are right about that , I personally believe that this is one of the biggest things that can be considered as causing addiction in some people, first because it is very normal for players to think that everything is going to end and that they will not have another chance, the other thing is that when we are looking for a way to do things better, greed appears, especially when you win , some say that when you are winning in a casino it is only more dangerous because you want to win a lot more money and when you start to lose the player cannot Accept it and that is why Control is lost.
Discipline really in gambling is a must without it we can be just a piece of crap donating every penny we had indiscriminately so if we are disciplined we make things moderately and that is how it should be done from the beginning so that losses won't get worst.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: LUCKMCFLY on August 09, 2024, 03:56:01 PM
I do tell people ttat greed is a something that everyone need to learn and understand, you don't really has to be a gambler before you know when to control your greed. You will need it more than anything and there is one thing I have learn from been able to control greed, you will never make any loss when you control your greed and protect you from any further losses.

Some people don't know when to quit and when to stop gambling. They atimes get match with the comfort of luck and assume it will continue like that, not knowing that such is a trap to suck all you have won together with your capital or bankroll if their is one.

The question is how to tell them no? How will you calm those desires ? We as players who have had some experience know some tactics, some strategies, but for a novice where is it their first time playing? What to do there? Because they only want to play and win, they don't care about losing money at first, the worst thing is that when they win some money or a lot, then when they have a lot in their mind and in their balance in their favor, then what they lose (because of greed) that is when they step on ground, I continue to insist, the best thing is always to allocate money willing to lose...
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: famososMuertos on August 10, 2024, 03:25:22 AM
These are important figures that you mention, since we are talking about net worth, which is a significant amount, quite a lot actually, although that depends on each person, I think you are a young person, to take that figure so lightly.

I suppose that in your case we are talking about traditional casino games, since in the case of poker one can know very well how those numbers go, either because it is carried out by a manager of your data, there are many softwares that do that, or because you appear in the tracking of web pages, even for live games, those records exist.

On the other hand, I am a recent player of traditional casino games, and recently I could say that 2020 perhaps before but around there is the date and I could say that I am breakeven or very close to that data.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Igebotz on August 10, 2024, 04:28:25 AM
Greed is a huge mistake, and the worst thing is that sometimes we fall into that mistake, whether we want to or not , we will always feel that Impulse to make more money when we play at the casino, especially when we win, or are winning a lot, because we do not get used to that Comfort of doing things to improve, what I can say is that Every Time we can play with limited Money is what I advise and if you lose, no way , nothing to do, you have to accept it , never chase losses.

I do tell people ttat greed is a something that everyone need to learn and understand, you don't really has to be a gambler before you know when to control your greed. You will need it more than anything and there is one thing I have learn from been able to control greed, you will never make any loss when you control your greed and protect you from any further losses.

Some people don't know when to quit and when to stop gambling. They atimes get match with the comfort of luck and assume it will continue like that, not knowing that such is a trap to suck all you have won together with your capital or bankroll if their is one.

I disagree with your assertion that a gambler will never lose money if he is not greedy. The reality is that whether a gambler is greedy or not, he or she will eventually lose. However, a gambler who is not eager to make quick and huge money will definitely control his stake and his potential win. This can help him avoid irreparable loss.

Additionally, a gambler who understands gambling will try to build slowly, and in the long run, he will profit from gambling, which will be sustainable due to his ability to control his greed. It is also worth noting that it is not always about the win, but rather the ability to maintain the win by ensuring that the winnings are not lost in the next gambling session.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: bitterguy28 on August 10, 2024, 06:49:52 AM
I disagree with your assertion that a gambler will never lose money if he is not greedy. The reality is that whether a gambler is greedy or not, he or she will eventually lose. However, a gambler who is not eager to make quick and huge money will definitely control his stake and his potential win. This can help him avoid irreparable loss.
humans are inherently greedy maybe some more than the others but there are a little bit of greed in all of us and once we get to experience what’s it’s like to win we may get addicted and trigger our greed i don’t think there is anyone who can get out of gambling without ever experiencing greed it’s just that some people are better at handling their greed and urges more than others can
Quote
It is also worth noting that it is not always about the win, but rather the ability to maintain the win by ensuring that the winnings are not lost in the next gambling session.
i would rather win small ones constantly and lose once or twice than win a big price but i had to lose so much to get there at that point how are you sure you did not just replace all your lost money from the money you’ve won with
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Igebotz on August 10, 2024, 12:25:33 PM
I disagree with your assertion that a gambler will never lose money if he is not greedy. The reality is that whether a gambler is greedy or not, he or she will eventually lose. However, a gambler who is not eager to make quick and huge money will definitely control his stake and his potential win. This can help him avoid irreparable loss.
humans are inherently greedy maybe some more than the others but there are a little bit of greed in all of us and once we get to experience what’s it’s like to win we may get addicted and trigger our greed i don’t think there is anyone who can get out of gambling without ever experiencing greed it’s just that some people are better at handling their greed and urges more than others can
Quote
It is also worth noting that it is not always about the win, but rather the ability to maintain the win by ensuring that the winnings are not lost in the next gambling session.
i would rather win small ones constantly and lose once or twice than win a big price but i had to lose so much to get there at that point how are you sure you did not just replace all your lost money from the money you’ve won with

I prefer such small but consistent winning. This is similar to a flowing stream. It does not get dry. This will make the gambler happy. Consider how happy you would be if you won every time. I believe that gamblers should strive to win little by little, consistently, rather than trying to win big at all costs, which can ruin their finances.

However, to be comfortable with small wins, a gambler must be able to control his greed. Greed is inherent in all humans, and as a gambler, the more you win, the more you want to win more, and as long as a gambler chases the big bag, his profit will gradually decline. The reason is simple. Such a gambler will begin to take more risks, either by playing more games or increasing his stake. Both situations are risky and should be avoided by gamblers.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Agbe on September 20, 2024, 12:33:20 PM
I personally have majority of my previous bets in loss I was unlucky those times but maybe soon luck will be mine. I do have small profit before but in reality as long as we keep on placing bets we won't realize our loss will be more than the value of our winnings sad reality. It is all okay as long as we are having fun and taking lessons in every mistakes and lapses we did in our gambling activities.

Don't hope to get lucky if you have had a lot of attempts, changing your direction isn't giving up because you are simply looking for something else that works, not everyone would be lucky with gambling, there are people that won millions just on their first trial so shift your energy to something else that works you might be surprised that it might more profitable. I agree with what you said most gamblers don't that In the long run their losses would exceed the value of their wins and whenever they win it gets them excited forgetting that they have lost more than that
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: libert19 on September 20, 2024, 12:53:00 PM
It's loss and it's not significant, if it was significant I'd remember. But anyway, I have earned more from gambling related activities — signature campaigns, casino reviews and those giveaway events casinos often hold on bitcointalk in games and rounds section, so it's not worth stressing over.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: ajiz138 on September 20, 2024, 06:17:31 PM
I personally have majority of my previous bets in loss I was unlucky those times but maybe soon luck will be mine. I do have small profit before but in reality as long as we keep on placing bets we won't realize our loss will be more than the value of our winnings sad reality. It is all okay as long as we are having fun and taking lessons in every mistakes and lapses we did in our gambling activities.

Don't hope to get lucky if you have had a lot of attempts, changing your direction isn't giving up because you are simply looking for something else that works, not everyone would be lucky with gambling, there are people that won millions just on their first trial so shift your energy to something else that works you might be surprised that it might more profitable. I agree with what you said most gamblers don't that In the long run their losses would exceed the value of their wins and whenever they win it gets them excited forgetting that they have lost more than that
I think it's okay to hope to be lucky and win a very large amount, but we must have limits in our hopes so that it doesn't become an excessive hope.

You are right, many people are very lucky in their first try, while many people are unlucky even though they keep trying. Indeed, luck can never be predicted when and to whom it will come. Sometimes I also feel jealous of those who are very lucky, I think that's a natural thing as a human being. ;)
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Jating on September 21, 2024, 09:56:12 AM
It's loss and it's not significant, if it was significant I'd remember. But anyway, I have earned more from gambling related activities — signature campaigns, casino reviews and those giveaway events casinos often hold on bitcointalk in games and rounds section, so it's not worth stressing over.

Lol, but even if it is significant, I think we are all just going to ignore it and just go over and forget it. I'm not that lucky on giveaway events in bitcointalk and never won any huge amount.

But in gambling offline and online, I could have made some money, but still though if I'm going to sum it up, I think I still be in the negative side. However, that is gambling though, it's the unknown, and sometimes we win and most of the time we lose.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Legion on September 22, 2024, 02:02:38 PM
I personally have majority of my previous bets in loss I was unlucky those times but maybe soon luck will be mine. I do have small profit before but in reality as long as we keep on placing bets we won't realize our loss will be more than the value of our winnings sad reality. It is all okay as long as we are having fun and taking lessons in every mistakes and lapses we did in our gambling activities.

Don't hope to get lucky if you have had a lot of attempts, changing your direction isn't giving up because you are simply looking for something else that works, not everyone would be lucky with gambling, there are people that won millions just on their first trial so shift your energy to something else that works you might be surprised that it might more profitable. I agree with what you said most gamblers don't that In the long run their losses would exceed the value of their wins and whenever they win it gets them excited forgetting that they have lost more than that
I think it's okay to hope to be lucky and win a very large amount, but we must have limits in our hopes so that it doesn't become an excessive hope.

You are right, many people are very lucky in their first try, while many people are unlucky even though they keep trying. Indeed, luck can never be predicted when and to whom it will come. Sometimes I also feel jealous of those who are very lucky, I think that's a natural thing as a human being. ;)
Well, People like to think positively and want the best for themselves and others but one must draw the line somewhere so as not be trapped in a fairy tale. While the anticipation of a vast victory could be encouraging, you tend to be highly disappointed if the results are not as high as you had anticipated.

But people are different, people have their problems and trials, and happiness sometimes comes suddenly, and completely unexpectedly. Realizing that being lucky is a fickle thing is one way we can stay away from constantly measuring ourselves up against other people.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: summonerrk on September 24, 2024, 04:01:48 PM
It is best to end on a win. Even if it leaves positive emotions, which may create the illusion that gambling is good, but it is better to do this than to end on a loss. Because you will essentially lose money and spoil the mood.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Bhigdaddyjr on September 26, 2024, 01:30:21 AM
It's loss and it's not significant, if it was significant I'd remember. But anyway, I have earned more from gambling related activities — signature campaigns, casino reviews and those giveaway events casinos often hold on bitcointalk in games and rounds section, so it's not worth stressing over.
Guess you made a good profit . I didn’t earn a lot of profit but at least I made some. I did try a lot of gambling before getting a better profit but I guess my loss is much more than my profit . I did wasted a lot of resources on this gambling of a thing it wasn’t easy but at least am fine with it . Gambling can break oneself and be depressed.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: libert19 on September 26, 2024, 06:15:27 AM
It is best to end on a win. Even if it leaves positive emotions, which may create the illusion that gambling is good, but it is better to do this than to end on a loss. Because you will essentially lose money and spoil the mood.

It's good to end on a win, leaves your mind feeling good but sometimes it's good to avoid chasing loses too, knowing when to stop can save you from making further losses, losses from which it could be hard to recover from.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Cantsay on September 26, 2024, 02:44:14 PM
Gambling can break oneself and be depressed.

If you do it right you can avoid this depression part of it. If you are able to use among that won’t bother you when lost then you shouldn’t be depressed after losing in gambling - the only time one would feel depressed is when they use something that wasn’t meant for gambling to gamble and then lost it.

During the middle of this year I was at a profit but now I’m not sure I’m still in the profit due to the previous losing streak I experienced but still I don’t feel anything about it because I could afford to lose everything I lost in gambling and that’s how it’s supposed to be.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Penlex_Writer on September 26, 2024, 07:13:20 PM
Gambling can break oneself and be depressed.
During the middle of this year I was at a profit but now I’m not sure I’m still in the profit due to the previous losing streak I experienced but still I don’t feel anything about it because I could afford to lose everything I lost in gambling and that’s how it’s supposed to be.

I believe that at some point in their gambling careers, every gambler has made a mistake by betting the wrong amount. Although some gamblers were unaffected by the error, others were, and in their attempt to correct the error, some of them caused even more problems for themselves. Even if a gambler is unaffected by his losses, we cannot deny that no gambler enjoys losing. Not winning means not achieving goals, and no one is happy when their ambitions are not realized.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Cantsay on September 26, 2024, 08:08:34 PM
Not winning means not achieving goals, and no one is happy when their ambitions are not realized.

This right here means that the main reason that gambler got into gambling was so they could make money from gambling if you’re the type that doesn’t care about your winning as long as you have fun and the money you deposited lasted you a bit longer then you shouldn’t have any problem. 

Trust me it might come as a surprise but they’re people out there that just gamble for fun - they don’t care if they win or not. Take for example you that wants to win something good, you’ll stake 5 dollar so that even a small multiplier will give you a nice return but then they stake a low as 0.001 dollar for a single stake, those type will never regret losing their money to gambling.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Rubel007 on September 26, 2024, 08:54:28 PM
It is best to end on a win. Even if it leaves positive emotions, which may create the illusion that gambling is good, but it is better to do this than to end on a loss. Because you will essentially lose money and spoil the mood.

It's good to end on a win, leaves your mind feeling good but sometimes it's good to avoid chasing loses too, knowing when to stop can save you from making further losses, losses from which it could be hard to recover from.
Yes, but very few number of gamblers can finish gambling by winning. Because gamblers continue their gambling as long as they win. Sometimes they continue their gambling until their bankroll is depleted. As such, it will be difficult to end gambling with a win in most of the time.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: summonerrk on September 26, 2024, 09:02:38 PM
It is best to end on a win. Even if it leaves positive emotions, which may create the illusion that gambling is good, but it is better to do this than to end on a loss. Because you will essentially lose money and spoil the mood.

It's good to end on a win, leaves your mind feeling good but sometimes it's good to avoid chasing loses too, knowing when to stop can save you from making further losses, losses from which it could be hard to recover from.
Yes, but very few number of gamblers can finish gambling by winning. Because gamblers continue their gambling as long as they win. Sometimes they continue their gambling until their bankroll is depleted. As such, it will be difficult to end gambling with a win in most of the time.

Because we all have goals that can be achieved for money. And the trouble is that winning again and again, everyone comes up with new and new goals for purchases. And almost always only a loss can stop this. While you need to stop the game of your own free will.
Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: electronicash on September 26, 2024, 09:15:46 PM
It is best to end on a win. Even if it leaves positive emotions, which may create the illusion that gambling is good, but it is better to do this than to end on a loss. Because you will essentially lose money and spoil the mood.

It's good to end on a win, leaves your mind feeling good but sometimes it's good to avoid chasing loses too, knowing when to stop can save you from making further losses, losses from which it could be hard to recover from.
Yes, but very few number of gamblers can finish gambling by winning. Because gamblers continue their gambling as long as they win. Sometimes they continue their gambling until their bankroll is depleted. As such, it will be difficult to end gambling with a win in most of the time.

Because we all have goals that can be achieved for money. And the trouble is that winning again and again, everyone comes up with new and new goals for purchases. And almost always only a loss can stop this. While you need to stop the game of your own free will.

and you may not stop playing until you have the amount. but like you said its free will. you could always stop whenever you want to.

i have been on dice game for a long time until i learn how to stop myself from playing this game because i am in  constant loss. since then i stopped it. but prior to this i have also been winning good amount too. and that was the time when i discovered a strategy explained by someone in the forum. i thought it was brilliant for awhile.

Title: Re: In your all-time gambling activity, do you end up with a profit or a loss?
Post by: Crypto Library on September 26, 2024, 10:43:28 PM
It's widely accepted that the house always wins because of the House Edge. The most common translation of this rule would be: the longer you play, the more you lose, since the odds are against you. However, perhaps someone here in this forum could beat the house. Who knows?!

Since I don't keep or count my profits and losses from gambling, I can only roughly estimate that I've lost no more than 5% of my net worth because of gambling since 2017, and it's still less than the total sum of unimportant things that I've bought lol. Furthermore, the gambling industry also offers the opportunity to earn via affiliates, signature campaigns, etc., which can easily offset my 5% loss.

What about you? Do you suffer because of gambling, or is it not worth the time to keep P&L since it's not significant?
I am not such an addicted person that I have to suffer anything like this by gambling. It would be wrong to say that I profit all the time by gambling, but I never let my situation go bad by gambling. I don't know when my gambling will end but currently I am in 20$ profit from my sports betting.
Since we don't know the future, I can't tell the future profits, but if we gamble responsibly, maybe we won't have to suffer anymore by gambling. And what is responsible gambling? It may not need to be explained. Responsible gambling is when you gamble with as much funds as you can afford to lose.