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Poll

In your all-time gambling activity, do you end up with a profit or a loss?

Profit
Loss
Break even

Author Topic: In your all-time gambling activity, do you end up with a profit or a loss?  (Read 4413 times)

Offline Agbe

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Re: In your all-time gambling activity, do you end up with a profit or a loss?
« Reply #90 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

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Re: In your all-time gambling activity, do you end up with a profit or a loss?
« Reply #90 on: September 20, 2024, 12:33:20 PM »

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Offline libert19

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Re: In your all-time gambling activity, do you end up with a profit or a loss?
« Reply #91 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.

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Re: In your all-time gambling activity, do you end up with a profit or a loss?
« Reply #91 on: September 20, 2024, 12:53:00 PM »

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Offline ajiz138

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Re: In your all-time gambling activity, do you end up with a profit or a loss?
« Reply #92 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. ;)

Offline Jating

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Re: In your all-time gambling activity, do you end up with a profit or a loss?
« Reply #93 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.
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Offline Legion

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Re: In your all-time gambling activity, do you end up with a profit or a loss?
« Reply #94 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.

Offline summonerrk

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Re: In your all-time gambling activity, do you end up with a profit or a loss?
« Reply #95 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.
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Offline Bhigdaddyjr

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Re: In your all-time gambling activity, do you end up with a profit or a loss?
« Reply #96 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.
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Re: In your all-time gambling activity, do you end up with a profit or a loss?
« Reply #96 on: September 26, 2024, 01:30:21 AM »


Offline libert19

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Re: In your all-time gambling activity, do you end up with a profit or a loss?
« Reply #97 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.

Offline Cantsay

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Re: In your all-time gambling activity, do you end up with a profit or a loss?
« Reply #98 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.
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Offline Penlex_Writer

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Re: In your all-time gambling activity, do you end up with a profit or a loss?
« Reply #99 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.
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Re: In your all-time gambling activity, do you end up with a profit or a loss?
« Reply #100 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.
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Offline Rubel007

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Re: In your all-time gambling activity, do you end up with a profit or a loss?
« Reply #101 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.

Offline summonerrk

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Re: In your all-time gambling activity, do you end up with a profit or a loss?
« Reply #102 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.
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Offline electronicash

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Re: In your all-time gambling activity, do you end up with a profit or a loss?
« Reply #103 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.


Offline Crypto Library

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Re: In your all-time gambling activity, do you end up with a profit or a loss?
« Reply #104 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.

 

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