We all read threads where people say that it is impossible to win against the house because the edge that is always against a gambler.
But often when I am playing dice and I see chat and view stats of some gamblers there are actually some profiles that show profits while some show loss so my question is, do people actually make profits from dice or the stats are misleading or something?
And I am talking about regular gamblers who I mean are active in chat almost daily so it's not like they made profit once and stopped gambling, they are active and gamble almost every day so how some guys are managing profits while others are failing?
People don't like to report their losses. On the other hand, most people like to brag about their wins. What does it mean? Given huge discrepancies in individual wealth, when you see someone winning big, it may look big only to you and your "wealth status". The point is, these people may be winning as well as losing, and probably losing more at the end of the day, but since you see them report their wins only, it seems like they are always winning. We can call it a winner mentality without actually being a winner
Then, there is martingale which allows you to be always in profit (if used wisely)