Does experience matter in gambling? - page 49.

RealPhotoshoper

legendary

Activity: 1050

Merit: 1001

Quote from: CARrency on July 18, 2017, 04:20:28 PM

Quote from: Bitcoingiver on July 18, 2017, 03:41:39 PM

If you don't have experience you will be betting blinded . and it is very bad to do so

Betting blindly or more common in the name of guessing is really common in gambling. When you are playing a game like dice, the outcome of the game is unknown, no one knows what will be the result so you will base your bet by your guts, your experience, your luck, or your knowledge.

Lol i think any kind games is uncertain / unknown for the outcome when you gamble.
That's why it is called as gambling , but for some people experience sometimes helpful to read the situation and handle something bad in gambling.
As example you might won't chase the losses after losses when you are experienced.

marlboroza

legendary

Activity: 1932

Merit: 2272

Quote from: szpalata on July 17, 2017, 11:20:27 PM

Experience does matter a lot because with experience you'll know whether to risk big or risk small, experience in gambling to me is everything because your understanding of a particular game helps you make the correct decisions that at least gives you a better chance against the house.

This is statement is not correct. Better chance against house doesn't exist, house will always have advantage over players.

Quote from: shintosai on July 18, 2017, 02:54:51 AM

exactly if you know you are in favor since you already experience the game then you will place bigger stake and if you are not sure about what you are doing experience as well will dictate you to just place much smaller stake, so its very useful in this particular activity.

How do you exactly know that you will win? Do you have crystal ball?

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: youdacapt on July 18, 2017, 04:41:52 PM

Quote from: CARrency on July 18, 2017, 04:20:28 PM

Quote from: Bitcoingiver on July 18, 2017, 03:41:39 PM

If you don't have experience you will be betting blinded . and it is very bad to do so

Betting blindly or more common in the name of guessing is really common in gambling. When you are playing a game like dice, the outcome of the game is unknown, no one knows what will be the result so you will base your bet by your guts, your experience, your luck, or your knowledge.

I'm just interested in playing gambling using analysis, the dice is less fun but I still play it just to get rid of stress, meaning just playing a small bet and not thinking about any results. Actually dice also requires percentage analysis and experience in determining the victory, but still full of luck.

It's good to play different kind of games because it's more fun but we focus on what game that would really gonna give us the chance to make money, like me I played different kind of games which are luck based games but I am more focus in sports betting because I love sports and that knowledge and passion of mind help me to win most of the time. Of course it never came easy, experience is a big factor for success and I am hoping to find a long term success.

youdacapt

sr. member

Activity: 1876

Merit: 295

GOD is TRUE

Quote from: CARrency on July 18, 2017, 04:20:28 PM

Quote from: Bitcoingiver on July 18, 2017, 03:41:39 PM

If you don't have experience you will be betting blinded . and it is very bad to do so

Betting blindly or more common in the name of guessing is really common in gambling. When you are playing a game like dice, the outcome of the game is unknown, no one knows what will be the result so you will base your bet by your guts, your experience, your luck, or your knowledge.

I'm just interested in playing gambling using analysis, the dice is less fun but I still play it just to get rid of stress, meaning just playing a small bet and not thinking about any results. Actually dice also requires percentage analysis and experience in determining the victory, but still full of luck.

CARrency

sr. member

Activity: 546

Merit: 256

Quote from: Bitcoingiver on July 18, 2017, 03:41:39 PM

If you don't have experience you will be betting blinded . and it is very bad to do so

Betting blindly or more common in the name of guessing is really common in gambling. When you are playing a game like dice, the outcome of the game is unknown, no one knows what will be the result so you will base your bet by your guts, your experience, your luck, or your knowledge.

laredo7mm

hero member

Activity: 1498

Merit: 537

Quote from: szpalata on July 17, 2017, 11:20:27 PM

Quote from: kpcian on July 17, 2017, 11:42:50 AM

experience do a little favor for gaining in a gambling. if you are experienced in participating before then it may help to decide more planning way, from the previous experience you can make your mind what should you do. but the luck is the best thing for winning a gamble or making money from three.
but it doesn't make any big sense if you don't have any experience.

Experience does matter a lot because with experience you'll know whether to risk big or risk small, experience in gambling to me is everything because your understanding of a particular game helps you make the correct decisions that at least gives you a better chance against the house.

Yeah experience will play a key role in deciding the bets we should go for either higher or lower and we cannot afford to bet blindly as in that case there will be very high chance of loosing money so based on your past experience you can decide whether to go for it or should quit.

Bitcoingiver

full member

Activity: 126

Merit: 100

Get paid $500 to $1500+ per week

If you don't have experience you will be betting blinded . and it is very bad to do so

shintosai

hero member

Activity: 756

Merit: 500

Quote from: szpalata on July 17, 2017, 11:20:27 PM

Quote from: kpcian on July 17, 2017, 11:42:50 AM

experience do a little favor for gaining in a gambling. if you are experienced in participating before then it may help to decide more planning way, from the previous experience you can make your mind what should you do. but the luck is the best thing for winning a gamble or making money from three.
but it doesn't make any big sense if you don't have any experience.

Experience does matter a lot because with experience you'll know whether to risk big or risk small, experience in gambling to me is everything because your understanding of a particular game helps you make the correct decisions that at least gives you a better chance against the house.

exactly if you know you are in favor since you already experience the game then you will place bigger stake and if you are not sure about what you are doing experience as well will dictate you to just place much smaller stake, so its very useful in this particular activity.

szpalata

sr. member

Activity: 686

Merit: 253

Quote from: kpcian on July 17, 2017, 11:42:50 AM

experience do a little favor for gaining in a gambling. if you are experienced in participating before then it may help to decide more planning way, from the previous experience you can make your mind what should you do. but the luck is the best thing for winning a gamble or making money from three.
but it doesn't make any big sense if you don't have any experience.

Experience does matter a lot because with experience you'll know whether to risk big or risk small, experience in gambling to me is everything because your understanding of a particular game helps you make the correct decisions that at least gives you a better chance against the house.

daringdiscovered

hero member

Activity: 700

Merit: 500

Quote from: SateRebus on July 17, 2017, 10:03:51 AM

Quote from: 8Habits on July 17, 2017, 09:31:24 AM

Quote from: SateRebus on July 17, 2017, 02:59:39 AM

gambling experience is a myth, dont believe it, there is no such thing can guarantee pro gambler will win, newbie gambler will lost
the one and only you need in gambling is Luck, 100% luck is matter in gambling.
luck cannot learn, you got it from newborn, so if your luck s*cks you need to quit gambling lol.

There are skilled based gambling aside from luck. Example of the skilled based gambling is poker - if you are well experienced, skilled, and have full knowledge of poker, you have greater chances of winning over the other players who are inexperienced and no skills of the game at all. But yes, most of the gambling games does not require skills but purely based on luck.

Poker also based on luck, please tell me how can you used your skilled playing poker to gain A A A A card ? is it possible ?
absolutely not, luck is what you need mate.

lol, how come that poker is based on luck if the skills is the one needed on this one, if you said DICE instead then I could agree with you, but not poker. There is no possibility that you could that A's that you were saying, it is gambling mate, mostly you are going to lose than the winnings that you could have every time you are going to gamble, remember the risk in gambling is bigger than any ways on how you could earn money in this world of crypto, maybe this could happen, the A's that you were saying, but for just once in a blue moon.

shulio

legendary

Activity: 1540

Merit: 1016

Quote from: kpcian on July 17, 2017, 11:42:50 AM

experience do a little favor for gaining in a gambling. if you are experienced in participating before then it may help to decide more planning way, from the previous experience you can make your mind what should you do. but the luck is the best thing for winning a gamble or making money from three.
but it doesn't make any big sense if you don't have any experience.

For some people experience is going to help them to win especially in poker games however for me that only play for fun then it doesnt help me. I choose not to know anything at all and only gamble for fun because when I got too much thinking about this kind of stuff then I wont be having fun when I play anymore

kpcian

hero member

Activity: 826

Merit: 529

experience do a little favor for gaining in a gambling. if you are experienced in participating before then it may help to decide more planning way, from the previous experience you can make your mind what should you do. but the luck is the best thing for winning a gamble or making money from three.
but it doesn't make any big sense if you don't have any experience.

AK47-

sr. member

Activity: 644

Merit: 250

In gambling experience can't do much. The fact is you don't get any experience from gambling that you can apply the other day and can make the profit again. But there are some gambling strategy like martingale, hedging, kelly criterion etc which can increase your chances to some extent. Thus, experience can help you in judging what can work with what. But, I believe those strategies don't have to offer much because at the end gambling is a game of luck.

marlboroza

legendary

Activity: 1932

Merit: 2272

Quote from: klf on July 16, 2017, 09:55:18 PM

Quote from: marlboroza on July 16, 2017, 09:02:13 AM

Quote from: Nikola95 on July 16, 2017, 08:46:40 AM

You only need little experience in every game just to know what are you doing. Everything else is just luck.

You need experience for what? To click button? Really?

You need that little experience not to click the buttons, but you may need that experience manage your bankroll. Because as we all know that in gambling only luck can bring money and all other things are not so important. If you're an experienced on this stuff, then you may avoid playing a dice game with a huge bankroll and which will save you a lot of money.

No, you don't need experience to manage your bankroll, you only need little brain in your head to do that.
Also bankroll management doesn't work in games based on luck. We can talk about bankroll management in poker but not in dice.

Quote from: SateRebus on July 17, 2017, 10:03:51 AM

Poker also based on luck, please tell me how can you used your skilled playing poker to gain A A A A card ? is it possible ?
absolutely not, luck is what you need mate.

Video poker is based on luck, texas holdem is not. In video poker you need to hit poker, straight flush or royal to win big, in texas you don't need anything in hand to win.

8Habits

sr. member

Activity: 756

Merit: 294

Quote from: Hikol on July 17, 2017, 09:44:12 AM

I think yes, but only to a certain extent. Experience only helps you when you need to decide how much money can you spend, when to stop, etc.

Playing with slot machines, won't really need any experienced only luck. It is safe to say that even if you have played slot machines for a couple of decades already that you are going to constantly win and beating the casinos. However, skilled games like poker and sportsbook do requires good amount of experience.

SateRebus

sr. member

Activity: 812

Merit: 250

Quote from: 8Habits on July 17, 2017, 09:31:24 AM

Quote from: SateRebus on July 17, 2017, 02:59:39 AM

gambling experience is a myth, dont believe it, there is no such thing can guarantee pro gambler will win, newbie gambler will lost
the one and only you need in gambling is Luck, 100% luck is matter in gambling.
luck cannot learn, you got it from newborn, so if your luck s*cks you need to quit gambling lol.

There are skilled based gambling aside from luck. Example of the skilled based gambling is poker - if you are well experienced, skilled, and have full knowledge of poker, you have greater chances of winning over the other players who are inexperienced and no skills of the game at all. But yes, most of the gambling games does not require skills but purely based on luck.

Poker also based on luck, please tell me how can you used your skilled playing poker to gain A A A A card ? is it possible ?
absolutely not, luck is what you need mate.

Hikol

member

Activity: 125

Merit: 10

I think yes, but only to a certain extent. Experience only helps you when you need to decide how much money can you spend, when to stop, etc. If you are playing some simple slots like Fruit Shop, for example, you don't have much actions to perform and I don't see how experience can help you. It is more about your luck

8Habits

sr. member

Activity: 756

Merit: 294

Quote from: SateRebus on July 17, 2017, 02:59:39 AM

gambling experience is a myth, dont believe it, there is no such thing can guarantee pro gambler will win, newbie gambler will lost
the one and only you need in gambling is Luck, 100% luck is matter in gambling.
luck cannot learn, you got it from newborn, so if your luck s*cks you need to quit gambling lol.

There are skilled based gambling aside from luck. Example of the skilled based gambling is poker - if you are well experienced, skilled, and have full knowledge of poker, you have greater chances of winning over the other players who are inexperienced and no skills of the game at all. But yes, most of the gambling games does not require skills but purely based on luck.

flower1024

legendary

Activity: 1428

Merit: 1000

Quote from: L00n3y on July 17, 2017, 08:04:25 AM

Quote from: passwordnow on July 11, 2017, 07:52:33 AM

Quote from: zekeshawn on July 07, 2017, 02:33:34 AM

Experience can be an advantage sometimes but may not really matter depend on what kind of game you are playing I think. For me when you gamble and if its not your lucky day to win no matter how good or how long you have been playing with that game if its not your day then you will not win.

Why only sometimes? For me experience is always helpful all the times. Because you have the idea on what's good and bad if you are into a certain situation. That's why if you don't think that experience is helpful all the time then you are not appreciating the essence of having good experience. For me experience does really matter in almost everything.

I think what he's trying to say here is that in gambling (unlike in work where you're investment is skills and experince), is that there are so many factors to consider like luck, roll of the dice and sometimes your own greed. No matter how experienced you are when you are facing the unknown you can't help but to take risks because there is no such thing as a 💯 win percentage in gambling that's why it's called a gamble. In work and real life challenges, the more experienced you are the more you have the edge on something but in gambling sometimes even a newbie might be surprised you because of pure luck.

Yea to play gambling we don't need experience you said a newbie could hit the jackpot, and the most experienced player will lose everything that he/she had in their wallet. This could be possible in gambling, and that is why we call it gambling. If we can make 100% sure win, then all casino owners will become beggars.

L00n3y

sr. member

Activity: 490

Merit: 250

Quote from: passwordnow on July 11, 2017, 07:52:33 AM

Quote from: zekeshawn on July 07, 2017, 02:33:34 AM

Experience can be an advantage sometimes but may not really matter depend on what kind of game you are playing I think. For me when you gamble and if its not your lucky day to win no matter how good or how long you have been playing with that game if its not your day then you will not win.

Why only sometimes? For me experience is always helpful all the times. Because you have the idea on what's good and bad if you are into a certain situation. That's why if you don't think that experience is helpful all the time then you are not appreciating the essence of having good experience. For me experience does really matter in almost everything.

I think what he's trying to say here is that in gambling (unlike in work where you're investment is skills and experince), is that there are so many factors to consider like luck, roll of the dice and sometimes your own greed. No matter how experienced you are when you are facing the unknown you can't help but to take risks because there is no such thing as a 💯 win percentage in gambling that's why it's called a gamble. In work and real life challenges, the more experienced you are the more you have the edge on something but in gambling sometimes even a newbie might surprised you because of pure luck.

Topic: Does experience matter in gambling? - page 49. (Read 39779 times)