Gambling like casino , roulette and dice, i think no, but sportbetting can is profitable, if you know good a championship for bet. I have more friend bet every week 3-5 euro in parlay to odd over 200 and 1 time a year win
Yes sports betting might benefit but not for the long term and the results are uncertain. But sports betting is more equitable because the results can be obtained directly from the game the two teams are used for betting. But it should not be too expect profits from gambling because it was not good. Better consider gambling is entertainment.