How to make profits in gambling?

First of all understand this: The odds are not in your favour. 2 X Payout does not necessarily mean you have a 50% chance of winning, its actually less than 50% chance plus there is the house edge and to top it all the randomness of the game.

Like in a coin toss a head does not necessarily mean that the next toss outcome will be a tail. You are just increasing your chance of winning by trying more. But this one is still better as you have an equal chance to win. You won't find any place where you can gamble on coin toss, even if they allow; they will always take a portion of your winnings in the form of house edge.

So how do you make profit in gambling?

1) Profits are Yours:

Just because you made a big profit does not qualify you to do risky bets. It only takes a few risky bets to end up losing more than you have won.

Sanity will be when you take a portion of the profit and risk it. If you win you are happy and if you loss you have no regrets.

2) Take Payout:

It does not matter how many profits you have made until you cash out, the house can always take it back from you. This is why most of the people loss big after winning big. The main reason they did not take their profit.

3) Stop Chasing Loss:

Almost everyone that are in deep loss in gambling have done this. If you are chasing your loss its almost impossible to play your natural game that's why the gambling places love people who are chasing loss. They understand that they will definitely make them more richer.

Why chasing losses is impossible ?

Loss happens most of the time in an instant in a few risky bets but earnings does not happen in an instant. If you want to make money instantly you defy everything and you will be definitely be left with nothing. Control your urge to win back fast, once you are in control comeback and play your normal game I can guarantee that you will definitely make back your loss in a few days.

4) Be disciplined:

Follow a strict gambling system do not keep changing your system too often, strict bank roll management and emotional discipline. All will help you avoid getting greedy and understanding when you should walk away

In most betting shops you will see
three windows marked “Bet Here”,
but only one window with the legend “Pay Out”.
Jeffrey Bernard

Do share your experiences down in the comments & share it with a friend who might need this.