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Topic: Does experience matter in gambling? - page 108. (Read 39759 times)

hero member
Activity: 770
Merit: 500
November 05, 2016, 06:54:15 PM
I think yes experience matter in gambling it has a great role in any place and maybe in any game as if a person is playing from already then he will not play blindly in there but he will have his own strategy and will focus on that strategy and will not lose money blindly at these gambling games.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 05, 2016, 06:31:04 PM
Experience will influence you the money you will risk, but there isnt a way to say in the end experienced gamblers are the one wich does win, because in the end lucky will determine who will win and who loose, its more about lucky then experience. Sport betting its another thing, an experienced player can make huge income with low risk.
In order to win experience is not what is needed I have known people that have gambled almost all their life and they are long term losers, someone with the right skill will beat him regardless of the experience level.
hero member
Activity: 756
Merit: 501
November 04, 2016, 05:34:47 PM
Experience will influence you the money you will risk, but there isnt a way to say in the end experienced gamblers are the one wich does win, because in the end lucky will determine who will win and who loose, its more about lucky then experience. Sport betting its another thing, an experienced player can make huge income with low risk.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 04, 2016, 04:31:57 PM
In a game like dice and roulette experience has a very low effect the only thing that experience can help you is to allow you a greater amount of self-control and as such avoid going tilt or something like that.

Experience doesn't matter in gambling no matter what game it is. It has absolutely no effect over your game. The only thing that matters is whether or not you know how to play it (basic instructions).
The fact that experience does not affect the outcome of a game like roulette does not mean it does not affect you, the player, as stated in my previous post or if you are playing in a real life casino avoid scammers and people trying to steal your chips, etc.
legendary
Activity: 1120
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November 04, 2016, 10:38:15 AM
The only thing you need is luck in gambling however you may need some experience regarding how to deposit, withdraw and bet on gambling platforms and also it is necessary not to get scammed by some random gambling platforms.
hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
November 04, 2016, 10:34:15 AM
as I know experience is important in some gambling games such as poker, but how about the other games like dice game or roulette, do you gain any advantage from your experience, can you used your experience to win the game? or maybe because of your experience you know whether to bet low or high in dice game

So Does Experience matter to you?
I never experienced bad things in gambling even those error matter but i always encounter in withdrawal where sometimes every time i withdrew my bitcoin it always success and it's on blockchain record but in my bitcoin wallet it's not showing up but in the end it always confirmed like normal. I never to high bet's in dice game coz i never trust the probably fair for that.
hero member
Activity: 2128
Merit: 520
November 04, 2016, 10:28:23 AM
Eperiences will only give an effect on skill based game like poker and sports betting. On luck based game like dice or slots game, experiences gives nothing in case of the probabilty to win. No matter how long we have been playing on luck based game, we cant predict the result. Unlike on sportsbetting, the more experiences we have the more chances we will get better winning chance.

Agreed with you dude experience is very helpful for skilled games and sports betting is based on it. If anybody know more deeper about the playing teams than he make good profit.
very well said. with out experience you cannot learn how to stop or win. and its also depends on the game that you are playing.
hero member
Activity: 644
Merit: 500
November 04, 2016, 10:07:22 AM
I have a believe that experience is much important in any place of life no matter it is in business or in gambling you will get the success faster if you have already experience in doing that thing. So in any game experience is much important and you will know about the games you will play and will know about the chances of win and lose in that games.

It`s what I said, why people don't get it. It`s simple, experience is important in any place or moment in our life, gambling is just one of the activities where experience can save our money, or can help us to make profit.
Gambling can be tricky, and gambling have so many little things that gamble needs to be aware if wish to make some money. All that we learn from experience, so everything is a school. No matter what we doing, win or lose we are gaining experience to one day get to next level.

Yeah but even if you have experience and skills in gambling the percentage of winning is still not that high and not guaranteed depending also on the games that you play. There's a chance to win though but not always.. this is the rules in gambling.. the house always wins.
legendary
Activity: 3248
Merit: 1179
November 04, 2016, 07:28:14 AM
I have a believe that experience is much important in any place of life no matter it is in business or in gambling you will get the success faster if you have already experience in doing that thing. So in any game experience is much important and you will know about the games you will play and will know about the chances of win and lose in that games.

It`s what I said, why people don't get it. It`s simple, experience is important in any place or moment in our life, gambling is just one of the activities where experience can save our money, or can help us to make profit.
Gambling can be tricky, and gambling have so many little things that gamble needs to be aware if wish to make some money. All that we learn from experience, so everything is a school. No matter what we doing, win or lose we are gaining experience to one day get to next level.
legendary
Activity: 1218
Merit: 1006
November 04, 2016, 07:24:39 AM
Experience in gambling can save you from betting with higher bet size.
Experience can stop you from playing and lossing more than you can afford to loss.
Experience can make you able to judge which gambling site to choose from.

However if you can't limit your greediness, experience couldn't help much in gambling as well as you need to be patience on your win/loss events which may also build up with experience.
full member
Activity: 182
Merit: 100
November 04, 2016, 07:23:34 AM
Yes. Experience matters a lot. But the perception differs on how to use the experience.  In the skill based games like Poker, you are going to use your experience to calculate the risks on large. On the luck based games like dice rolling, your experience will intuit you when to give up!

That's true and that is why many expert gamblers are taking risk no matter how big the risk is. That is being considered and needed in gambling.

Experience to take the risk and how you are going to face losing your money on it. And you can just recover your losses if you are going to face it professionally.

And if you have a lot of experience in gambling, you already know how the cycle of gambling moves.

In gambling games like dice or high or low games, I will say experience irrespective of the number of years  does not matter because its not needed but other skilled games or mind games where expertise is required whether in the short or long run, then its of great importance because youre sure of losing and there will be nothing short of that...
Well I forgot to include that and thanks for adding that. And you surely right with that. As long as you have capital for dicing or gambling.

Then you don't really need to have experience with it. But with experience the risk you are going to make is just going to be nothing if you do have already a lot of experiences in gambling.
full member
Activity: 182
Merit: 100
November 04, 2016, 07:19:06 AM
Yes. Experience matters a lot. But the perception differs on how to use the experience.  In the skill based games like Poker, you are going to use your experience to calculate the risks on large. On the luck based games like dice rolling, your experience will intuit you when to give up!
That's true and that is why many expert gamblers are taking risk no matter how big the risk is. That is being considered and needed in gambling.

Experience to take the risk and how you are going to face losing your money on it. And you can just recover your losses if you are going to face it professionally.

And if you have a lot of experience in gambling, you already know how the cycle of gambling moves.
legendary
Activity: 1484
Merit: 1004
November 03, 2016, 05:07:30 PM
I have a believe that experience is much important in any place of life no matter it is in business or in gambling you will get the success faster if you have already experience in doing that thing. So in any game experience is much important and you will know about the games you will play and will know about the chances of win and lose in that games.
In gambling people thinking things different , experience not more important than to have a luck
But honestly i have a same faith as you too about experience
With experience you know things like how to manage bankroll , how to control your self over the greedy etc
So experience matter even in a pure luck games.
hero member
Activity: 966
Merit: 517
November 03, 2016, 04:34:45 PM
I have a believe that experience is much important in any place of life no matter it is in business or in gambling you will get the success faster if you have already experience in doing that thing. So in any game experience is much important and you will know about the games you will play and will know about the chances of win and lose in that games.
legendary
Activity: 3024
Merit: 2148
November 03, 2016, 04:32:50 PM
In a game like dice and roulette experience has a very low effect the only thing that experience can help you is to allow you a greater amount of self-control and as such avoid going tilt or something like that.

Experience doesn't matter in gambling no matter what game it is. It has absolutely no effect over your game. The only thing that matters is whether or not you know how to play it (basic instructions).

People without experience are more prone to going on wild betting and risking to lose more than they can afford to. Remembering your past sessions can help you make better decisions in future, but I agree that this factor is much smaller than just knowledge of a game.
sr. member
Activity: 420
Merit: 250
November 03, 2016, 04:29:22 PM
In a game like dice and roulette experience has a very low effect the only thing that experience can help you is to allow you a greater amount of self-control and as such avoid going tilt or something like that.

Experience doesn't matter in gambling no matter what game it is. It has absolutely no effect over your game. The only thing that matters is whether or not you know how to play it (basic instructions).

Experience does matter and a lot in sportsbook. As an example I am bringing a tipster which is over 38% ROI during his latest 1.5 month playing. You can check his thread here : https://bitcointalk.org/index.php?topic=1580020.240

He clearly shows that experience does matter .  The statistics there back the experience and experience of him has brought so nice statistics so far.
legendary
Activity: 1134
Merit: 1598
November 03, 2016, 04:14:40 PM
In a game like dice and roulette experience has a very low effect the only thing that experience can help you is to allow you a greater amount of self-control and as such avoid going tilt or something like that.

Experience doesn't matter in gambling no matter what game it is. It has absolutely no effect over your game. The only thing that matters is whether or not you know how to play it (basic instructions).
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 03, 2016, 04:10:25 PM
In a game like dice and roulette experience has a very low effect the only thing that experience can help you is to allow you a greater amount of self-control and as such avoid going tilt or something like that.
legendary
Activity: 1526
Merit: 1003
November 03, 2016, 03:31:54 PM
Eperiences will only give an effect on skill based game like poker and sports betting. On luck based game like dice or slots game, experiences gives nothing in case of the probabilty to win. No matter how long we have been playing on luck based game, we cant predict the result. Unlike on sportsbetting, the more experiences we have the more chances we will get better winning chance.

Agreed with you dude experience is very helpful for skilled games and sports betting is based on it. If anybody know more deeper about the playing teams than he make good profit.
hero member
Activity: 700
Merit: 500
November 03, 2016, 03:31:41 PM
It depends on the type of game where are you going to play. As in some type of gambling you need basic knowledge and luck more because experience isn't going to help you with anything. Same in sports betting or skill based gambling where experience can be helpful to win by many usual players with whom you gamble. It matters and doesn't matter same time.
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