It includes both. Gambling is nothing but loss and win. But here the edge house profit is a lot. Some people made a huge profit from this. But it was the there lucky day so they made otherwise it is not possible. According to me gambling is not lose and not profit, it is a just entertainment so for this we are paying money that's it.
If we are an intelligent gamblers who does not want to give our money in gambling sites we should stay away in games where there is a house edge, we can select other games likes sports betting and poker.
I have gambled a couple of times and I can say you that you are going to lose more times then that you are going to win because that has happened to me.
To much luck is required to win these games it is not fair anymore.
even you play on a game that did not have a house edge you will still lost in the long run.
unless you have an extreme luck which it is rare happened.
basically gambling always about a winning at first and losses in the end.
not necessarily dude. sports betting is a pretty good type of gambling that gives you a fair chance of winning. well more than a fair chance if you know a lot about the sports that you're betting on. there's no house edge, it's just how you analyze how the game would be played and how familiar you are with how the players play
no i guess no matter what kind game it is , gambling always make you angry most of the times.
even if you are a professional tipster but when you receive a very bad luck nothing you can do.
you will gamble as you wish , going to bet more and have more losses as always.