Experience maybe helps you not to fall for scam websites(sites where you deposit funds, and if you win you won't be able to claim and withdraw them).
But experience is not going to help you on earning money, simply just because those sites are truly based on 100% luck and not on any skill level or something like that.
Topic: Does experience matter in gambling? - page 47. (Read 39779 times)
Experience doesn't have any role in the winning. Experience gives you the learning about the different techniques that can be used to avoid loss. Other than that with gambling experience helps with the money management. There are users who win big through luck, but due to lack of money managing skills loss everything in the consecutive games. This is the role of good experience in gambling from my knowledge.
Why would you need experience in gambling to help you to manage your money? you can get it somewhere else aside from gambling. You dont need to manage your money in a gambling site because all your money should be either gone or you are going to get some money. Some people just dont get this thing right
^^^^^
Excuse me, but this guy claims he stopped because of experience.
His deposit was 0.1btc. His balance dropped to 0.03 - and still he continued to gamble.
He could lose all but he was lucky and didn't lose all, he cashed out half of his deposit, I don't see how experience helped him.
Excuse me, but this guy claims he stopped because of experience.
His deposit was 0.1btc. His balance dropped to 0.03 - and still he continued to gamble.
He could lose all but he was lucky and didn't lose all, he cashed out half of his deposit, I don't see how experience helped him.
Quote
Experience gives you the learning about the different techniques that can be used to avoid loss
What techniques? Name one. Quote
Other than that with gambling experience helps with the money management
Not in EV- games. Quote
There are users who win big through luck, but due to lack of money managing skills loss everything in the consecutive games
Greed not money managing skills. 
Yup if you have experience you may when to stop or when to close down like for me i started with 0.1 btc but ended up at 0.03 i knew i won't be able to get my initial bankroll but didn't give me up and used all small strategies here and there and finally cashed out with 0.05 which was any day better than losing the whole 0.1 btc
And how did experience help you? Lets do math:
Deposit: 0.1BTC
Withdrawal: 0.05BTC
Overall: -0.05BTC lost
Now please, show me where is experience in that.
Yup if you have experience you may when to stop or when to close down like for me i started with 0.1 btc but ended up at 0.03 i knew i won't be able to get my initial bankroll but didn't give me up and used all small strategies here and there and finally cashed out with 0.05 which was any day better than losing the whole 0.1 btc
And how did experience help you? Lets do math:
Deposit: 0.1BTC
Withdrawal: 0.05BTC
Overall: -0.05BTC lost
Now please, show me where is experience in that.
That depends a lot on the game. If the game is purely luck based, then the only way in which experience would matter would be knowing when to stop and not risking more money than you can afford to lose.
If the game can be played with strategy, by reading the other players' psychological reactions or trains of thought, or with "counting cards" types of moves, then experience starts playing an immense role and will make the difference between winning and losing.
I dont think that there is a game that is only based on luck .Every play that you made you gain experience and that experience if you apply some of your realization it will work . I example the slot game which based on uck so your experience will have a use because you already know that there is no stratedgy that will allow you to win on that .Its a simple expereinces but a lot of learnings that teaches us.If the game can be played with strategy, by reading the other players' psychological reactions or trains of thought, or with "counting cards" types of moves, then experience starts playing an immense role and will make the difference between winning and losing.
I think that experience about what risks to take in certain situations and when to avoid doing stupid stuff is very important i gambling. The more you play, the more you will get to know the game and find out when to do take action.
Not that's not the case. A user will surely gamble again if he is in a loss. So when he get's profit he gets excited and keeps on building his losses. The actually experienced gamblers are those who stop at right time. But those experienced ones are too rare.when making a decision, typical gamblers does, that's why we lose most of the time.
That depends a lot on the game. If the game is purely luck based, then the only way in which experience would matter would be knowing when to stop and not risking more money than you can afford to lose.
If the game can be played with strategy, by reading the other players' psychological reactions or trains of thought, or with "counting cards" types of moves, then experience starts playing an immense role and will make the difference between winning and losing.
I dont think that there is a game that is only based on luck .Every play that you made you gain experience and that experience if you apply some of your realization it will work . I example the slot game which based on uck so your experience will have a use because you already know that there is no stratedgy that will allow you to win on that .Its a simple expereinces but a lot of learnings that teaches us. If the game can be played with strategy, by reading the other players' psychological reactions or trains of thought, or with "counting cards" types of moves, then experience starts playing an immense role and will make the difference between winning and losing.
That depends a lot on the game. If the game is purely luck based, then the only way in which experience would matter would be knowing when to stop and not risking more money than you can afford to lose.
If the game can be played with strategy, by reading the other players' psychological reactions or trains of thought, or with "counting cards" types of moves, then experience starts playing an immense role and will make the difference between winning and losing.
It may have an effect on both luck based and skill based games though. Experienced players make less mistakes than those that doesn't have much experience yet. It also is a big factor in terms of self control since an experience gambler would already have known the consequences of the decisions he will make. Lessons have been learned and they're probably better decision makers if they're doing it for a long time now If the game can be played with strategy, by reading the other players' psychological reactions or trains of thought, or with "counting cards" types of moves, then experience starts playing an immense role and will make the difference between winning and losing.
That depends a lot on the game. If the game is purely luck based, then the only way in which experience would matter would be knowing when to stop and not risking more money than you can afford to lose.
If the game can be played with strategy, by reading the other players' psychological reactions or trains of thought, or with "counting cards" types of moves, then experience starts playing an immense role and will make the difference between winning and losing.
If the game can be played with strategy, by reading the other players' psychological reactions or trains of thought, or with "counting cards" types of moves, then experience starts playing an immense role and will make the difference between winning and losing.
I believe that it is not necessary to have experience for gambling, because most of the victory is based only on luck and it can not be made permanent earnings.
it is indeed necessary for certain games that proven work for you to start a career in gambling seriously . a lot of poker player have play professionally and earn profit so steady , i think they are playing with experiences .that is very helpful for them to know which one make a blooper for example.
I believe that it is not necessary to have experience for gambling, because most of the victory is based only on luck and it can not be made permanent earnings.
I agree with you that gambling game is a thing that does not require experience. The result of the gambling game is strongly influenced by a luck, so whatever we do if without any luck we can not expect anything. We can only pray that luck always accompanies every action we take.In some gambling game yes! experience does not matter, but if comes to poker experience does matter! and also having
experience in gambling games also helps you manage your bankroll and place bets more cautiously than having
no experience at all.
In some gambling games but sometimes we dont need that because all we need is bankroll to play and knowing when is the right time to stop. If we are lucky then that is a bonus for us to gamble but in the end all we need is the right time to stop because we could have win and withdraw small amount of money
I believe that it is not necessary to have experience for gambling, because most of the victory is based only on luck and it can not be made permanent earnings.
I agree with you that gambling game is a thing that does not require experience. The result of the gambling game is strongly influenced by a luck, so whatever we do if without any luck we can not expect anything. We can only pray that luck always accompanies every action we take.In some gambling game yes! experience does not matter, but if comes to poker experience does matter! and also having
experience in gambling games also helps you manage your bankroll and place bets more cautiously than having
no experience at all.
In some gambling games but sometimes we dont need that because all we need is bankroll to play and knowing when is the right time to stop. If we are lucky then that is a bonus for us to gamble but in the end all we need is the right time to stop because we could have win and withdraw small amount of money
I believe that it is not necessary to have experience for gambling, because most of the victory is based only on luck and it can not be made permanent earnings.
I agree with you that gambling game is a thing that does not require experience. The result of the gambling game is strongly influenced by a luck, so whatever we do if without any luck we can not expect anything. We can only pray that luck always accompanies every action we take.In some gambling game yes! experience does not matter, but if comes to poker experience does matter! and also having
experience in gambling games also helps you manage your bankroll and place bets more cautiously than having
no experience at all.
I believe that it is not necessary to have experience for gambling, because most of the victory is based only on luck and it can not be made permanent earnings.
I agree with you that gambling game is a thing that does not require experience. The result of the gambling game is strongly influenced by a luck, so whatever we do if without any luck we can not expect anything. We can only pray that luck always accompanies every action we take.In some gambling game yes! experience does not matter, but if comes to poker experience does matter! and also having
experience in gambling games also helps you manage your bankroll and place bets more cautiously than having
no experience at all.
I believe that it is not necessary to have experience for gambling, because most of the victory is based only on luck and it can not be made permanent earnings.
Maybe experience doesn't matter in all games but this is true nobody can give us guarantee of winning. But in some format of gambling experience could change the whole game result like poker and sports betting also rely of our experience but luck is most important for all games.
Whenever we have chance of winning, you can not talk of experience. When you mention a chance, it means it is a probability, therefore you are not guaranteed to win. Gambling is a game of chance which means it depends on the probability of an event happening. Therefore, when you gamble, expect to lose or win, but in most cases-you will lose.
I believe that it is not necessary to have experience for gambling, because most of the victory is based only on luck and it can not be made permanent earnings.
Maybe experience doesn't matter in all games but this is true nobody can give us guarantee of winning. But in some format of gambling experience could change the whole game result like poker and sports betting also rely of our experience but luck is most important for all games.
I believe that it is not necessary to have experience for gambling, because most of the victory is based only on luck and it can not be made permanent earnings.
Maybe experience doesn't matter in all games but this is true nobody can give us guarantee of winning. But in some format of gambling experience could change the whole game result like poker and sports betting also rely of our experience but luck is most important for all games.
hero member
Activity: 560
Merit: 500
Crypterium - Digital Cryptobank with Credit Token
Experience is very important but I think also depend on what game, maybe if it is just based on luck and you just play with a small amount I think you should nothing to worry about your loses. Maybe if you are a real gambler and you wanted to win huge amount so you really need to spent more money/bitcoin then you really need a good experience for you to handle loses.
It may be important at some point but it wont really help you to win. If you actually think like this and could write like this then you are going to try and prove it, the fact that you didnt try it only means that you are not convinced as well that it will really help you to win the game, isnt it right?
I always value experiences because that is the thing you could never buy anywhere. Your experience is your biggest asset. But applying your experience is up to you. If you are not capable of making use of your experiences then you could never find success anywhere.
I believe that it is not necessary to have experience for gambling, because most of the victory is based only on luck and it can not be made permanent earnings.
Maybe experience doesn't matter in all games but this is true nobody can give us guarantee of winning. But in some format of gambling experience could change the whole game result like poker and sports betting also rely of our experience but luck is most important for all games.
Jump to: