Pages:
Author

Topic: Does experience matter in gambling? - page 47. (Read 39759 times)

sr. member
Activity: 476
Merit: 259
July 22, 2017, 08:24:26 AM
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.
legendary
Activity: 1064
Merit: 1000
July 22, 2017, 07:55:59 AM
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
legendary
Activity: 1932
Merit: 2272
July 22, 2017, 06:27:12 AM
^^^^^
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.



hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
July 22, 2017, 06:21:19 AM
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.
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.
legendary
Activity: 1932
Merit: 2272
July 22, 2017, 06:05:55 AM
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.
legendary
Activity: 1414
Merit: 1002
= jasad =
July 22, 2017, 05:50:44 AM
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.
But I do not think we can rely on our luck in games like dice games. I do not think any experience will help us in dice games. Because I think we are 100% dependent on luck.
hero member
Activity: 812
Merit: 510
July 22, 2017, 05:38:19 AM
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.
You have a point there, professional gamblers always gamble when they have the advantage and they do not use their emotion
when making a decision, typical gamblers does, that's why we lose most of the time.
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
hero member
Activity: 658
Merit: 500
July 22, 2017, 02:31:11 AM
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.
hero member
Activity: 924
Merit: 502
CryptoTalk.Org - Get Paid for every Post!
July 22, 2017, 02:23:31 AM
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
legendary
Activity: 1292
Merit: 1000
July 22, 2017, 12:42:34 AM
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.
legendary
Activity: 2674
Merit: 1048
July 21, 2017, 11:52:40 PM
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.
copper member
Activity: 2870
Merit: 1279
https://linktr.ee/crwthopia
July 21, 2017, 08:19:18 PM
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
That's why we need to deposit first and understand how we are going to play it and possibly make a profit on it. It's the right time to stop if you made a profit already, the thing is, don't get greedy. We should know that you are going to be positive all in all so that you can earn more than you should. Something like that.
legendary
Activity: 1540
Merit: 1013
July 21, 2017, 08:10:48 PM
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
hero member
Activity: 798
Merit: 501
July 21, 2017, 05:51:54 PM
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.
yes that is right that in some gambling game experience does not matter like to dice games but in some game your experience your gambling skill, analysis and knowledge play too much important role in gambling, for example in sports game we need to study about the teams and the players individually about their strong as well as weak points and through this way we can show good result in sports gambling.
hero member
Activity: 756
Merit: 503
Crypto.games
July 21, 2017, 05:39:40 PM
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.
sr. member
Activity: 526
Merit: 250
July 21, 2017, 04:42:49 PM
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.
Not all there are some few games that experience really matter like playing poker games and other card games if you don't know that game are you really wanted to risk your money for experience of course yes as long as we can play and enjoyed the entire game we earn experience there. I should say all type of gambling is need to have an luck because gambing is designed for people to have luck when there are actually playing. Maybe those dice game slot machine and mine sweeper don't really needs an experience.

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.
hero member
Activity: 2170
Merit: 530
July 21, 2017, 04:36:55 PM
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.
Not all there are some few games that experience really matter like playing poker games and other card games if you don't know that game are you really wanted to risk your money for experience of course yes as long as we can play and enjoyed the entire game we earn experience there. I should say all type of gambling is need to have an luck because gambing is designed for people to have luck when there are actually playing. Maybe those dice game slot machine and mine sweeper don't really needs an experience.
hero member
Activity: 490
Merit: 500
July 21, 2017, 03:49:26 PM
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.
yes that is right that experience does not matter in some gambling games for example if we talk about dice games or we speak about lottery  where we do not need for our experience and skill. while in sports gambling like cricket matches, football matches, horse trading or motor racing we need to have good experience and skill in such gambling and must also have good knowledge about such games.
hero member
Activity: 560
Merit: 500
Crypterium - Digital Cryptobank with Credit Token
July 21, 2017, 10:25:58 AM
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?
It cannot help you to win but at least you've try and experience to play in gambling so that in the next time around you want to play you already know how to do it or to handle it.
Knowing what to do and what should be avoided must be the first step toward profit making. If it is true then we can never claim that experiences does not matter in gambling. You may user your experience in some where for some reasons which may help you to avoid some big losses.

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.
That's true, I also value experiences, because experience cannot never steal by anyone, and we are the one who have learned from that experiences. And for me experience in gambling really matters especially when we wanted to play again again atleast we know how it works and for the next time around we can do better than before.
I agree , experience is very valuable and needed in gambling. Because if you dont have a experience you will be shocked if you lose a money from the game . If your experience you will expect it and some problems like having a technical error you will be relaxed at that time because you know it is a error. But if you dont have experience , I think most of the person will panic. So experience is very important
sr. member
Activity: 1008
Merit: 253
July 21, 2017, 10:06:54 AM
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.
Pages:
Jump to: