Quote from: magicmexican on June 06, 2015, 01:10:27 PM

Quote from: (Lithium) on June 06, 2015, 07:35:00 AM

Very few people can win in the long run. For each that manages to do it, 1000 others ruin themselves by being too greedy.

We are probably living in different worlds. According to this thread(and most people) success in gambling is 99% luck. But to me, its something like 95% hard work, and 5% being the right type of a person. Luck does not matter because it evens out in the end.

And "1000 others ruins themselfs by being too greedy" is not entirely correct other. They dont lose because they are "greedy", they lose because there are no reasons for them to be winning in the first place.

Quote

And even big winner may lose everything by bad luck, and then what?

Not really possible to "lose everything" with a proper BRM

I am really happy for you that you can negate all the pitfalls of gambling because I have had this happened to me - one bad run and the bankroll is gone. I mean there should be people that are successful and didn't experience the misfortunes of the average punter. It's just that it's so ingrained in the people's heads that gambling is bad and everyone will lose all their hard-earned money that it is perceived as not possible to win. Plus most of the people are just not cut for it and win here and there at the beginning and eventually lose all in the end.