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Topic: Does experience matter in gambling? - page 18. (Read 39779 times)

MMA
legendary
Activity: 1134
Merit: 1000
November 17, 2017, 06:42:00 PM
Not only in gambling every activity in life experience matters much and much more. In gambling by experience you will know which one has to do and when has to do. And by experience you will not do the mistakes again where you lost earlier. So experience is the guide of successful life.

We learn every solution from our experience and mistakes. It is right, our experience all the time matter even it is gambling or it is our personal life's matters. But if we talk about only gambling, then i clearly say that experience always help us, especially in these games, where we use our strategies and skills.   
Experience is important in every field of life. but i think still i think there are some gambling games where our experience do not matter. where our main focus is on our luck. and if we are lucky then we can make money from there, other wise it is not important to make any money from gambling if we are not lucky.
hero member
Activity: 812
Merit: 500
November 17, 2017, 09:40:00 AM
Not only in gambling every activity in life experience matters much and much more. In gambling by experience you will know which one has to do and when has to do. And by experience you will not do the mistakes again where you lost earlier. So experience is the guide of successful life.

We learn every solution from our experience and mistakes. It is right, our experience all the time matter even it is gambling or it is our personal life's matters. But if we talk about only gambling, then i clearly say that experience always help us, especially in these games, where we use our strategies and skills.   
member
Activity: 160
Merit: 14
November 17, 2017, 09:31:52 AM
Not only in gambling every activity in life experience matters much and much more. In gambling by experience you will know which one has to do and when has to do. And by experience you will not do the mistakes again where you lost earlier. So experience is the guide of successful life.
hero member
Activity: 2744
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November 17, 2017, 09:10:06 AM
Gambling is unpredictable in sports section and in casino games as well. It is all important to have knowledge how to play and luck, I also think that experience is nothing is casino related games. Sports betting also where many experienced people make mistakes to judge the situation. Experience is a plus point but not necessary as you can go ahead without it and still can make money or loose money being experienced gambler.
yeah and most of the time those experience gambler is so confident about betting.not like those no experience or newbies is so carefull what to bet.the most important thing in gambling is when you know how to feel your luck.because gambling is more on luck not on experience.the newbie you are the more winnings you can have .as far as what ive experienced
hero member
Activity: 756
Merit: 505
November 17, 2017, 05:07:10 AM
Experience, in my opinion, is important in any case and in gambling too. I just doubt that this experience will help when playing roulette. Rather, there must be luck.
roulette is also a game based on luck there is no way experience can help you win in any way gambling means only luck except a few strategic games but overall experience only helps you to decide what your next move should be
well, the experience will not help you to win the game, but the experience will help you to minimize losses and maximize profit or didn't take both at all. The ability to self-control like emotion control and greed control will help us to choose a good move.

You are probably correct, the only place where experience can help is knowing when to stop and when to play some more. Like experience will tell you that you should already stop playing like when you lost the whole bankroll already and you should stop depositing by that time. Or if you have already won and doubled you money, that is already a good time to stop gambling. So I guess experience can help with those aspects of gambling.
legendary
Activity: 1932
Merit: 1273
November 16, 2017, 10:50:43 AM
Experience, in my opinion, is important in any case and in gambling too. I just doubt that this experience will help when playing roulette. Rather, there must be luck.
roulette is also a game based on luck there is no way experience can help you win in any way gambling means only luck except a few strategic games but overall experience only helps you to decide what your next move should be
well, the experience will not help you to win the game, but the experience will help you to minimize losses and maximize profit or didn't take both at all. The ability to self-control like emotion control and greed control will help us to choose a good move.
hero member
Activity: 812
Merit: 510
November 16, 2017, 10:42:59 AM
Experience, in my opinion, is important in any case and in gambling too. I just doubt that this experience will help when playing roulette. Rather, there must be luck.
roulette is also a game based on luck there is no way experience can help you win in any way gambling means only luck except a few strategic games but overall experience only helps you to decide what your next move should be
hero member
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November 16, 2017, 05:15:33 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?

Experience would always be lifems greatest teacher and i think that with every little thing there is something about playing the game for a lot of times that you can memorize the tells of each person know when the dealer is bluffing or if you have a winning hanf

false.

Anyway, with regards to OP, well, experience won't help you in dice games, no one is in contorl of the game and no one can predict it unless you are cheating. Even the luckiest gambler fail at those kind of games, and the unluckiest can bring home a big prize.

Though, experience could make you feel calm, in which it makes the game a little bong and just for the sake of money making.
full member
Activity: 241
Merit: 100
November 16, 2017, 12:57:40 AM
Discipline matters and not experience. There are  a lot of gamblers that do it for more than a decade but it does not help them to always win but only the right discipline can help them to stop if that have won or lose enough.
Much better to understand that experience gamblers have already established good discipline inside their activities as time goes they needed to make sure that they will have an advantage and use that to win in each games that we played though its just luck who really permits everything.
Exactly, they can still gamble even without assurance that they will be profitable but they know how to limit the amount they spend.
Losing is part of the game and they fully understand that because of their experience and they are more discipline unlike the newbies who chase their loses.
People who gamble should know that you could really lose a lot especially if it is a high risk game. Everything can be learnt it's either that it's the hard way or the easy way. The easy way is that listened to other people and you would think if it is good to gamble or not. The hard way is that you would experience it and lose a lot of money.

Experience will help us, with that much experience it can build our mental. With so much experience we can know when to stop. With the experience we can minimize our losses because we will understand when to increase the value of our bets and when to lower the value of the bet and when to stop.

I don't know about that since there are a lot of people or gamblers that even with a lot of experience in gambling they are still emptying dry their wallets full of money. What an experience can bring in gambling is changing how you play than you are new in that field. You can outsmart other people or gamblers and most of all, you are labeled by other people because of your experiences.
legendary
Activity: 1442
Merit: 1008
November 16, 2017, 12:41:30 AM
Experience, in my opinion, is important in any case and in gambling too. I just doubt that this experience will help when playing roulette. Rather, there must be luck.
There are two types games in gambling. One is technical game where experience is really essential and the other one is a pure luck game where chances of winning really depend on luck.

In games that depend on luck any experience is required. But not to make you win, but for good decision making. In gambling experience is really needed, especially for games that require skill, experience is needed to read the situation to make no mistake step. Experience is required in all things.
for some gamblers it is already a mistake that they decided to play a game of chance. And it's not that someone does not fit or someone does not like gambling, but that people lose a lot more than they win. I think that this is a negative point in the career of a gambler.
just makes sense when you do have a lot of experience in gambling especially a bad experience they would prefer to stop gamble and looking for another productive activity . rather than force yourself to believe in something that doesn't makes any sense like a skill or strategy and an experience could make you have more chance to win etc. it's mean nothing for me.
I agree, . It is not bad to learn from experience it might be helpful, but the thing is gambling has an algorithm and a sequence we cant predict it, most of the time we cannot say that we experienced it before because it is hard to predict what would be happen. In fact experience is the key to success, you can feel yourself confident if you have good experience in relevant field.

yeah people don't want to wake up from the daydream where they think making money in gambling are the easiest way, they don't care about the risk that actually would work in the long term like a risk to get addicted , how -EV would burn you down etc. people who come to gamble just want everything works instantly. they ignore every risk and the proccess in it. really gambling affects people always in bad way. experience in gambling are full of bs .
hero member
Activity: 3052
Merit: 685
November 15, 2017, 10:19:13 PM
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?

Experience would always be lifems greatest teacher and i think that with every little thing there is something about playing the game for a lot of times that you can memorize the tells of each person know when the dealer is bluffing or if you have a winning hanf
Experience do help us to win and too minimize our loses, when we have experience it will make us matured and we will be able to make a good decision. This will help us not to be greedy in gambling because we already the risk of being greedy in gambling, if we want long term success we need to work on it because anything that is instant high reward in gambling is hard to win, meaning it gives little percentage of winning only.
hero member
Activity: 910
Merit: 500
November 15, 2017, 09:49:15 PM
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?

Experience would always be lifems greatest teacher and i think that with every little thing there is something about playing the game for a lot of times that you can memorize the tells of each person know when the dealer is bluffing or if you have a winning hanf
legendary
Activity: 3010
Merit: 1280
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November 15, 2017, 05:09:57 PM
But what about famous poker players who made millions of USD playing poker either online or in land based casinos? I think they are somehow differ from other gamblers because that's a fact that they make money with poker.

I agree with you in general because most people are not like those poker stars and indeed when they play everything depends on luck.
On one poker millionaire there are probably hundred of thousands players who lost money.
Poker is game of skills and there are lots of "wannabe poker professional", players who think they have skills but actually they suck. You need skill to read people, you have to be strong in head which means to put emotions on side, you have to know when to fold, raise and check. There are lots of poker books, strategies, moves etc it is not something which can be explained in few lines or posts.

True and to be able to execute these strategies, a player should have a depth experience and understanding on the situation.  This only means to be able to excel in one game, one must have a deep experience and knowledge about the certain stuff.  This include sports betting too.  Knowing the variables is always an advantage.  Some people say it is instinct but the truth is, it is the experience of the person that tells him what to do next.
hero member
Activity: 1414
Merit: 574
November 15, 2017, 01:28:23 PM
Discipline matters and not experience. There are  a lot of gamblers that do it for more than a decade but it does not help them to always win but only the right discipline can help them to stop if that have won or lose enough.
Much better to understand that experience gamblers have already established good discipline inside their activities as time goes they needed to make sure that they will have an advantage and use that to win in each games that we played though its just luck who really permits everything.
Exactly, they can still gamble even without assurance that they will be profitable but they know how to limit the amount they spend.
Losing is part of the game and they fully understand that because of their experience and they are more discipline unlike the newbies who chase their loses.
People who gamble should know that you could really lose a lot especially if it is a high risk game. Everything can be learnt it's either that it's the hard way or the easy way. The easy way is that listened to other people and you would think if it is good to gamble or not. The hard way is that you would experience it and lose a lot of money.

Experience will help us, with that much experience it can build our mental. With so much experience we can know when to stop. With the experience we can minimize our losses because we will understand when to increase the value of our bets and when to lower the value of the bet and when to stop.

It is to help us know that we cant win in gambling, atleast that is what I get however some people claimed that they could win easier in sportsbetting. Im not that kind of sure if they do really win however experience could always help us to know better than the others, so in my case it would be to stop when I feel like it and play for fun
legendary
Activity: 2674
Merit: 1048
November 15, 2017, 01:03:13 PM
Experience, in my opinion, is important in any case and in gambling too. I just doubt that this experience will help when playing roulette. Rather, there must be luck.
There are two types games in gambling. One is technical game where experience is really essential and the other one is a pure luck game where chances of winning really depend on luck.
experience could help you to achieve a better game with good prediction on certain outcome , but it doesn't mean you can win with your experience , it is just help you make things easier in gambling , people have too much expectation.

and that was not a good thing when it comes to gambling where everything are uncertain.
hero member
Activity: 2996
Merit: 609
November 15, 2017, 01:00:35 PM
Anyone thought why roulette tables set top limits for bets?

Martingale is very popular but you have to manage "Drawdown Limit" that could be enough to cover all your losing steps. These losing steps can/will cost huge amounts


Yes. Experience will matter because gambling can be strategized. An experienced gambler already know  or experience the different situations. It can be his or her advantage to formulate strategies to win that certain game. Just like in life, an experienced individual in a certain skill or task is called as an expert. If you have expertise you gain more knowledge into something.


Yeah it does matter of course, but not all of the time, sometimes, even if you are a skilled gambler, you just can't beat the house and you will find yourself the one who lose. Experience will just going to help you to make some strategies(if you are playing POKER, sports betting and etc.), also to know when to stop, because sometimes if you are going to be greedy thinking that you could win if you are going to continue and get back what you have lost is pretty naïve move.

The experience will help you to make money when you are playing gambling games, and also it will help you to save money by not losing more money, it will help you to control your emotions in gambling. When we lose money means when we lose our control on the game. So experience is matter in gambling.

Experience will not help you to make money from gambling but it can help you to stop at a right time so that you can save some money without losing all your bankroll. Remember gambling results always depends on only luck not on any method or experience and this applies to both skill-based games and luck based games.

But what about famous poker players who made millions of USD playing poker either online or in land based casinos? I think they are somehow differ from other gamblers because that's a fact that they make money with poker.

I agree with you in general because most people are not like those poker stars and indeed when they play everything depends on luck.
There are reasons I think why there are players that are in the high stakes. Probably they have sponsors to help them with the money. Rich people made investments to them and hoping they could profit from it. I think that really happens especially if it's in the T.V. shows, they make more money out of it.

Is this really happening? I mean why to give your money to someone to gamble if you can do it by yourself? Everything depends on luck anyway so what's the reason for sponsoring a gambler? Maybe you are partly right about T.V. shows though. If a known poker star wears an ad of a company, the company has paid for that that's for sure but we can't know how much, so maybe they are not investing in his game but just pay for the ad.
It is just solely purpose for the ad and not to expect there even more than on that.  Letting people do play on your money is really a dumb thing and i would rather choose up on losing my own money in my own hands rather than on other people because i would do feel justice and im comfortable or doesnt have any regrets if i do lose it up compared on losing it from other people.
hero member
Activity: 1274
Merit: 622
November 15, 2017, 12:43:44 PM
Anyone thought why roulette tables set top limits for bets?

Martingale is very popular but you have to manage "Drawdown Limit" that could be enough to cover all your losing steps. These losing steps can/will cost huge amounts


Yes. Experience will matter because gambling can be strategized. An experienced gambler already know  or experience the different situations. It can be his or her advantage to formulate strategies to win that certain game. Just like in life, an experienced individual in a certain skill or task is called as an expert. If you have expertise you gain more knowledge into something.


Yeah it does matter of course, but not all of the time, sometimes, even if you are a skilled gambler, you just can't beat the house and you will find yourself the one who lose. Experience will just going to help you to make some strategies(if you are playing POKER, sports betting and etc.), also to know when to stop, because sometimes if you are going to be greedy thinking that you could win if you are going to continue and get back what you have lost is pretty naïve move.

The experience will help you to make money when you are playing gambling games, and also it will help you to save money by not losing more money, it will help you to control your emotions in gambling. When we lose money means when we lose our control on the game. So experience is matter in gambling.

Experience will not help you to make money from gambling but it can help you to stop at a right time so that you can save some money without losing all your bankroll. Remember gambling results always depends on only luck not on any method or experience and this applies to both skill-based games and luck based games.

But what about famous poker players who made millions of USD playing poker either online or in land based casinos? I think they are somehow differ from other gamblers because that's a fact that they make money with poker.

I agree with you in general because most people are not like those poker stars and indeed when they play everything depends on luck.
There are reasons I think why there are players that are in the high stakes. Probably they have sponsors to help them with the money. Rich people made investments to them and hoping they could profit from it. I think that really happens especially if it's in the T.V. shows, they make more money out of it.

Is this really happening? I mean why to give your money to someone to gamble if you can do it by yourself? Everything depends on luck anyway so what's the reason for sponsoring a gambler? Maybe you are partly right about T.V. shows though. If a known poker star wears an ad of a company, the company has paid for that that's for sure but we can't know how much, so maybe they are not investing in his game but just pay for the ad.
hero member
Activity: 574
Merit: 503
November 14, 2017, 05:48:11 AM
Discipline matters and not experience. There are  a lot of gamblers that do it for more than a decade but it does not help them to always win but only the right discipline can help them to stop if that have won or lose enough.
Much better to understand that experience gamblers have already established good discipline inside their activities as time goes they needed to make sure that they will have an advantage and use that to win in each games that we played though its just luck who really permits everything.
Exactly, they can still gamble even without assurance that they will be profitable but they know how to limit the amount they spend.
Losing is part of the game and they fully understand that because of their experience and they are more discipline unlike the newbies who chase their loses.
People who gamble should know that you could really lose a lot especially if it is a high risk game. Everything can be learnt it's either that it's the hard way or the easy way. The easy way is that listened to other people and you would think if it is good to gamble or not. The hard way is that you would experience it and lose a lot of money.

Experience will help us, with that much experience it can build our mental. With so much experience we can know when to stop. With the experience we can minimize our losses because we will understand when to increase the value of our bets and when to lower the value of the bet and when to stop.
copper member
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November 14, 2017, 05:40:41 AM
Discipline matters and not experience. There are  a lot of gamblers that do it for more than a decade but it does not help them to always win but only the right discipline can help them to stop if that have won or lose enough.
Much better to understand that experience gamblers have already established good discipline inside their activities as time goes they needed to make sure that they will have an advantage and use that to win in each games that we played though its just luck who really permits everything.
Exactly, they can still gamble even without assurance that they will be profitable but they know how to limit the amount they spend.
Losing is part of the game and they fully understand that because of their experience and they are more discipline unlike the newbies who chase their loses.
People who gamble should know that you could really lose a lot especially if it is a high risk game. Everything can be learnt it's either that it's the hard way or the easy way. The easy way is that listened to other people and you would think if it is good to gamble or not. The hard way is that you would experience it and lose a lot of money.
legendary
Activity: 1932
Merit: 2272
November 14, 2017, 05:09:19 AM
But what about famous poker players who made millions of USD playing poker either online or in land based casinos? I think they are somehow differ from other gamblers because that's a fact that they make money with poker.

I agree with you in general because most people are not like those poker stars and indeed when they play everything depends on luck.
On one poker millionaire there are probably hundred of thousands players who lost money.
Poker is game of skills and there are lots of "wannabe poker professional", players who think they have skills but actually they suck. You need skill to read people, you have to be strong in head which means to put emotions on side, you have to know when to fold, raise and check. There are lots of poker books, strategies, moves etc it is not something which can be explained in few lines or posts.
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