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Topic: Does experience matter in gambling? - page 24. (Read 39779 times)

member
Activity: 64
Merit: 10
October 16, 2017, 01:44:07 PM
I think experience can definitely help. to be honest, there is always luck involved as we aren't playing the game ourselves. But with a great money management one can achieve a lot in betting. You also need to have a system which is backtested from yourself over years. If you can achieve a Yield of 5% in the long run on big markets, this is a great number.
hero member
Activity: 1414
Merit: 574
October 16, 2017, 01:30:05 PM
Experience can sometimes be useful in games like poker or sports betting, but still a high probability of success depends on luck, not on years of experience.

Totally disagree with you !!
In fact, nobody can deny the effect of luck in gambling but I also think that experience also has an influence comparable to that of luck. Otherwise, in my opinion generally every gain comes from 40% of the luck and 60% of the experience.



Experience is going to help us to determine to continue or not. Sometimes we wont really know that we are already in a pinch unless we are experienced about it. If we are experienced then we will know that it is time for us to stop. When it is time to stop then we stop immediately however if we are lexx experienced then we might not want to stop
full member
Activity: 308
Merit: 120
October 16, 2017, 12:04:23 PM
Experience can sometimes be useful in games like poker or sports betting, but still a high probability of success depends on luck, not on years of experience.

Totally disagree with you !!
In fact, nobody can deny the effect of luck in gambling but I also think that experience also has an influence comparable to that of luck. Otherwise, in my opinion generally every gain comes from 40% of the luck and 60% of the experience.
sr. member
Activity: 756
Merit: 294
October 16, 2017, 09:34:03 AM
Experience can sometimes be useful in games like poker or sports betting, but still a high probability of success depends on luck, not on years of experience.

People think we can make fortunes with the experience they have in gambling, but it is completely wrong because they should understand gambling is completely based on luck.

In as much as i agree with you that experience doesn't guarantee gambling success, i also disagree that gambling is completely based on luck because some gambling games can be predicted with common sense and critical analysis. I'm a regular with sports bets and i have a great contro;l over my games and i manage wins every now and then with my insight.
still when you think certain games are can be predicted with certain way/analysis , gambling are gambling where the outcome are uncertain and random. you can make an accurate prediction , you need luck in the end. sometimes people think that looking for a strategy/analysis in gambling are useles, wasting time. better to do it randomly for the sake of having fun.
I would not think it's a waste of time because I know as long as I choose a game that is based on skills I have a chance to be consistent when I will continue to improve my strategy. Finding ways to win is very challenging because you will not be consistent in few tries, you will have to loss and learn from your mistakes so you will be an improve gambler but you have to determine it yourself if you are really into this kind of journey or not so you can make a timely decision to quit or continue.

When gambling is a game that requires skills, by all means, experienced really matters. Take a closer look at poker and sports betting, players who are veteran and skilled gamblers on that field have always more winning than losing. This is because they are honing their skills to win and after a couple of games, days, months, and years of experienced, they will learn something that not any beginner players are seeing.
sr. member
Activity: 812
Merit: 251
October 16, 2017, 08:51:09 AM
Experience can sometimes be useful in games like poker or sports betting, but still a high probability of success depends on luck, not on years of experience.

People think we can make fortunes with the experience they have in gambling, but it is completely wrong because they should understand gambling is completely based on luck.

In as much as i agree with you that experience doesn't guarantee gambling success, i also disagree that gambling is completely based on luck because some gambling games can be predicted with common sense and critical analysis. I'm a regular with sports bets and i have a great contro;l over my games and i manage wins every now and then with my insight.
still when you think certain games are can be predicted with certain way/analysis , gambling are gambling where the outcome are uncertain and random. you can make an accurate prediction , you need luck in the end. sometimes people think that looking for a strategy/analysis in gambling are useles, wasting time. better to do it randomly for the sake of having fun.
I would not think it's a waste of time because I know as long as I choose a game that is based on skills I have a chance to be consistent when I will continue to improve my strategy. Finding ways to win is very challenging because you will not be consistent in few tries, you will have to loss and learn from your mistakes so you will be an improve gambler but you have to determine it yourself if you are really into this kind of journey or not so you can make a timely decision to quit or continue.

With proper self analysis one can determine if he wants to embark on this journey but i would say building up experience not only in gambling but in business also guarantees you the right ways to be successful because you learn as you loose along the way and gambling is one of them so experience in gambling over time can help shape your game and make you a better gambler.
hero member
Activity: 3010
Merit: 666
October 16, 2017, 06:02:59 AM
Experience can sometimes be useful in games like poker or sports betting, but still a high probability of success depends on luck, not on years of experience.

People think we can make fortunes with the experience they have in gambling, but it is completely wrong because they should understand gambling is completely based on luck.

In as much as i agree with you that experience doesn't guarantee gambling success, i also disagree that gambling is completely based on luck because some gambling games can be predicted with common sense and critical analysis. I'm a regular with sports bets and i have a great contro;l over my games and i manage wins every now and then with my insight.
still when you think certain games are can be predicted with certain way/analysis , gambling are gambling where the outcome are uncertain and random. you can make an accurate prediction , you need luck in the end. sometimes people think that looking for a strategy/analysis in gambling are useles, wasting time. better to do it randomly for the sake of having fun.
I would not think it's a waste of time because I know as long as I choose a game that is based on skills I have a chance to be consistent when I will continue to improve my strategy. Finding ways to win is very challenging because you will not be consistent in few tries, you will have to loss and learn from your mistakes so you will be an improve gambler but you have to determine it yourself if you are really into this kind of journey or not so you can make a timely decision to quit or continue.
legendary
Activity: 1442
Merit: 1008
October 16, 2017, 03:02:31 AM
Experience can sometimes be useful in games like poker or sports betting, but still a high probability of success depends on luck, not on years of experience.

People think we can make fortunes with the experience they have in gambling, but it is completely wrong because they should understand gambling is completely based on luck.

In as much as i agree with you that experience doesn't guarantee gambling success, i also disagree that gambling is completely based on luck because some gambling games can be predicted with common sense and critical analysis. I'm a regular with sports bets and i have a great contro;l over my games and i manage wins every now and then with my insight.
still when you think certain games are can be predicted with certain way/analysis , gambling are gambling where the outcome are uncertain and random. you can make an accurate prediction , you need luck in the end. sometimes people think that looking for a strategy/analysis in gambling are useles, wasting time. better to do it randomly for the sake of having fun.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
October 16, 2017, 02:15:44 AM
Gambling is not a type of skill that the more you play, the better you are. It does not work like that. Professional gamblers still lose and the only thing that they have practiced over time is to discipline themself on either controlling their greed or other emotions.
Of course, therefore you have to set a limit and set a goal as well, when you have a goal and you did not achieve it in a specified time then that means you are not good in gambling. To minimize the loses, you have to be honest to yourself, accept your weaknesses and know your capacity because every bet you make will cost you money and how much more if you get addicted, that would bring a lot of risk to you.
full member
Activity: 140
Merit: 100
October 16, 2017, 01:53:21 AM
Gambling is not a type of skill that the more you play, the better you are. It does not work like that. Professional gamblers still lose and the only thing that they have practiced over time is to discipline themself on either controlling their greed or other emotions.
sr. member
Activity: 756
Merit: 253
October 15, 2017, 11:38:28 PM
Experience can sometimes be useful in games like poker or sports betting, but still a high probability of success depends on luck, not on years of experience.

People think we can make fortunes with the experience they have in gambling, but it is completely wrong because they should understand gambling is completely based on luck.

In as much as i agree with you that experience doesn't guarantee gambling success, i also disagree that gambling is completely based on luck because some gambling games can be predicted with common sense and critical analysis. I'm a regular with sports bets and i have a great contro;l over my games and i manage wins every now and then with my insight.
legendary
Activity: 1316
Merit: 1011
October 15, 2017, 10:25:38 PM
Experience can sometimes be useful in games like poker or sports betting, but still a high probability of success depends on luck, not on years of experience.

People think we can make fortunes with the experience they have in gambling, but it is completely wrong because they should understand gambling is completely based on luck.

With experience, gamblers can only reduce their losses by stopping at a right time but to make money as you said need luck and all others things are not so important. Only some fully addicted gamblers things that they can make money from the only experience and with some tricks. If that is true then we should have seen many rich guys from gambling habits.
sr. member
Activity: 658
Merit: 251
VIMee - Social Network
October 15, 2017, 10:16:53 PM
Experience can sometimes be useful in games like poker or sports betting, but still a high probability of success depends on luck, not on years of experience.

People think we can make fortunes with the experience they have in gambling, but it is completely wrong because they should understand gambling is completely based on luck.
hero member
Activity: 588
Merit: 500
October 15, 2017, 06:46:52 PM
Experience can sometimes be useful in games like poker or sports betting, but still a high probability of success depends on luck, not on years of experience.
experience would be useful but not for all the gambling games, or it could be said the experience is not needed in all games or just some games that require experience, but luck is needed in all games, luck is the most important and most useful, but luck is also the hardest to obtained.
 

That is right that experience is always matter but in such places where experience can play its important role, Because in some places there is no use of experience and skill;. for example in lottery you cannot use your skill and experience  because there we totally depend on our luck.. if a person is lucky he will certainly make good profit from lottery and will win or wise he cannot use his skill and experience.
legendary
Activity: 1932
Merit: 2272
October 15, 2017, 03:07:22 PM
Yes, experience matter a lot in gambling and it have proven helpful for me in past quiet frequently when I gambled.
You are right! Experience It help too much, because we compare a New gambler with and old gambler, with the ways to thinking, we found that the old one have more things and tricks rather than the new gambler, So experience matter in gambling.
Can you tell us more about tricks that old gambler has, since tricks won't help you to win money which is only purpose of gambling?
I can only tell you that i know many old gamblers and every single one of them has its own theory about gambling and how to beat house. Guess what - their tricks work sometimes and sometimes(most of times) don't but they are still believing that they have won because of some tricks  Roll Eyes
full member
Activity: 392
Merit: 100
October 15, 2017, 02:27:33 PM
For me not at all, especially i gambling only sometimes. Although in gambling soccer i use analysis. However, I am often mistaken.
hero member
Activity: 672
Merit: 500
October 15, 2017, 01:12:41 PM
Experience can sometimes be useful in games like poker or sports betting, but still a high probability of success depends on luck, not on years of experience.
experience would be useful but not for all the gambling games, or it could be said the experience is not needed in all games or just some games that require experience, but luck is needed in all games, luck is the most important and most useful, but luck is also the hardest to obtained.
 
sr. member
Activity: 434
Merit: 250
October 15, 2017, 12:59:46 PM
Yes, experience matter a lot in gambling and it have proven helpful for me in past quiet frequently when I gambled.
You are right! Experience It help too much, because we compare a New gambler with and old gambler, with the ways to thinking, we found that the old one have more things and tricks rather than the new gambler, So experience matter in gambling.
sr. member
Activity: 1596
Merit: 335
October 15, 2017, 11:24:45 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 think it actually does. I mean in order for someone to win in gambling, one must know how and when to quir or stop first. So, I think based from all a gambler’s experience, he or she already knows that.
full member
Activity: 420
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Earn crypto for being contacted
October 15, 2017, 10:38:48 AM
I think that experience is very important for everything, and applies also in gambling, because with experience i can learn from the past when experiencing defeat.
When i play gambling again and i have experience in that, surely i will have an estimate or can be said to be more careful in gambling.
Or should i leave the gambling, because the gambling experience does not help us make big profits and i think gambling is just luck.
hero member
Activity: 672
Merit: 500
October 15, 2017, 08:27:59 AM
Not really you don't have to gamble again if you made profit if you still gamble that means it is your greed or you can't do any work. You only gain experience if you gamble regularly or maybe through other sources but if you have already made profit why do you want to gamble again make profit and quit you don't need experience here only common sense is required
probably because I have not tried gambling yet and have not received any profit, I have only one thing and not that gambling only eats your money and there is no payback. Therefore, greed is out of the question. Most likely greedy can be called the owners of gambling.
You shouldn't try it you need lot of patience and also need to decide how much you are going when i first gambled i was getting a loss in starting i had set a the amount of profit i want to 30% and max loss 40% in starting i was at 20% loss but i recovered and finally stopped at 25% profit
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