Does experience matter in gambling? - page 63.

kodes88

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Quote from: Ziskinberg on June 12, 2017, 08:47:55 AM

Quote from: FomoATH on June 12, 2017, 08:45:09 AM

Experience does not matter in such games where you can only rely on luck. I have been playing for years, but I can not win a jackpot.

Maybe experience does not help you make you win a game in a luck based games but it can help you in making a matured decision to manage your money which is at risk. Gambling is risky, you can lose everything you have but with experience you can avoid that since you have learn lessons in the past and you will not gonna make the same mistakes again.

Agree with you 100%. Experience will not help us to win the game in gambling, but experience can help us in making a decision.
Recalling events that we have experienced before will make us more careful in stepping. Yes I guess you've explained it pretty clearly. It will really helpful.

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Quote from: Lizzie_Girl on June 12, 2017, 09:50:54 AM

Quote from: Ziskinberg on June 12, 2017, 08:47:55 AM

Quote from: FomoATH on June 12, 2017, 08:45:09 AM

Experience does not matter in such games where you can only rely on luck. I have been playing for years, but I can not win a jackpot.

Maybe experience does not help you make you win a game in a luck based games but it can help you in making a matured decision to manage your money which is at risk. Gambling is risky, you can lose everything you have but with experience you can avoid that since you have learn lessons in the past and you will not gonna make the same mistakes again.

that is true expierence will give us better control of our bankroll. Know what will happen if you keep playing is part of experience. But don't fool yourself to think you can get "good" at gambling. This is not possible the expierence doesn't work that way.

I do agree with your statements Mate, with regards to experience doesn't work at all times with whatever ways it will. Because this certain thinking about gambling activities will always at risk of lossing your profits all the time, and no gambler told me in my whole life said that they gain good profitable winnings from gambling. The experience that you're pertaining to is only our guide to don't get our selves be drowned of gambling and it may control us in the future, and might became your addictions.

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Quote from: Ziskinberg on June 12, 2017, 08:47:55 AM

Quote from: FomoATH on June 12, 2017, 08:45:09 AM

Experience does not matter in such games where you can only rely on luck. I have been playing for years, but I can not win a jackpot.

Maybe experience does not help you make you win a game in a luck based games but it can help you in making a matured decision to manage your money which is at risk. Gambling is risky, you can lose everything you have but with experience you can avoid that since you have learn lessons in the past and you will not gonna make the same mistakes again.

that is true expierence will give us better control of our bankroll. Know what will happen if you keep playing is part of experience. But don't fool yourself to think you can get "good" at gambling. This is not possible the expierence doesn't work that way.

Ziskinberg

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Quote from: FomoATH on June 12, 2017, 08:45:09 AM

Experience does not matter in such games where you can only rely on luck. I have been playing for years, but I can not win a jackpot.

Maybe experience does not help you make you win a game in a luck based games but it can help you in making a matured decision to manage your money which is at risk. Gambling is risky, you can lose everything you have but with experience you can avoid that since you have learn lessons in the past and you will not gonna make the same mistakes again.

FomoATH

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Experience does not matter in such games where you can only rely on luck. I have been playing for years, but I can not win a jackpot.

Apened

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Quote from: shulio on June 12, 2017, 03:34:37 AM

Quote from: Yutikas_11920 on June 11, 2017, 08:51:36 AM

Basically gambling is the place to be able to get a lot of disadvantages for those who rely solely on belief. Because gambling is a place that desperately need the correct thought, without thought or the right strategy then everything would be catastrophic for all of the people who do it. You need to know if gambling is not done with good self control, will certainly produce a greedy and did not fit the strategy that's best

I dont need strategy because I play for fun. It is a fun place to relax sometimes and If I use strategy then it will be just another way of getting stress. I prefer to lose to be honest as long as I am having fun instead of winning but then I will get more stress when I try to go for more but for some people it is different

Thats the result of experiencing to lose in gambling .Somehow many gamblers experience brings more advantage to the gamblers who knows how to use their experience in advanatge of taking profit while some of the gamblers play gambling without experience bringing only the luck they believe .

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Quote from: Yutikas_11920 on June 11, 2017, 08:51:36 AM

Basically gambling is the place to be able to get a lot of disadvantages for those who rely solely on belief. Because gambling is a place that desperately need the correct thought, without thought or the right strategy then everything would be catastrophic for all of the people who do it. You need to know if gambling is not done with good self control, will certainly produce a greedy and did not fit the strategy that's best

I dont need strategy because I play for fun. It is a fun place to relax sometimes and If I use strategy then it will be just another way of getting stress. I prefer to lose to be honest as long as I am having fun instead of winning but then I will get more stress when I try to go for more but for some people it is different

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Quote from: jualidbitmixer on June 11, 2017, 11:31:47 PM

Yes, of course. There are many professional gamblers because of their experience in gambling is already expert on it. Experience in gambling makes gamblers to learned the lesson why they lose, strategy and many else. Gamblers without experience can easily lose, because they don't have strategy about gambling.

Being professional in gambling is such a hard journey, when I was a newbie in gambling I thought of going to that journey but I failed, it's a tough journey based on my experience. Maybe of the total number of gamblers who aim to make profit in the long run, only 1% of the total are having their success, as for me I am now just satisfied of having fun although I spend because I realize what I can only do.

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Yes, of course. There are many professional gamblers because of their experience in gambling is already expert on it. Experience in gambling makes gamblers to learned the lesson why they lose, strategy and many else. Gamblers without experience can easily lose, because they don't have strategy about gambling.

Bowly88

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Quote from: xuan87 on October 04, 2016, 08:13:36 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?

It doesn't matter in gambling. Actually, I don't see any difference in probability of winning between the newbie and long time gambler. In terms of winning, you can not say that a long time gambler has more chance to win since gambling is just a matter of only luck regardless on how strategic you are.

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Quote from: Creepings on June 11, 2017, 09:08:27 PM

Quote from: 8Habits on June 11, 2017, 08:55:17 PM

Quote from: cjmoles on June 11, 2017, 02:18:26 PM

Quote from: kpcian on June 11, 2017, 01:24:59 PM

Quote from: poptok1 on October 04, 2016, 08:32:06 AM

Not sure but I think experience gives close to none advantage in such luck based games like dice etc. Sure thing it won't harm but knowledge about for example, martingale systems and the fact that its not working cant be called experience, its just knowledge.
So I think is much better to know what is what, know the theory than have experience.
Such games of chances are in nature very unpredictable and chaotic, nothing can give a good advantage in those.

Absolutely true...
Experience can nothing add with any value in the luck based games, yes, experience can bring some knowledge about the operational interface nothing else, experience can help you to take decision based on the previous statistics, so it can't bring any positive results until your luck support you, so I think, experience doesn't make any positive sense in gambling..

Well, experienced gamblers don't fall victim to the "gambler's fallacy" and they've probably learned their lessons with the martingale systems....So, experience does matter in some cases, even in games based purely on chance. And, that's not even mentioning that experienced gamblers have learned how to manage their bankrolls more effectively.

you hit it right mate! experienced gamblers don't get fell victim with some winning streak and they stop according to their plan even if there is some very enticing winning streak right on the front of their eyes. Managing bankroll and sessions is the best way to go to mitigate risks.

So what are their goals to gamble? They just gamble to manage a bankroll is that what you are saying? They gamble to win, and how can a gambler know if he/she will be winning a streak, is he a clairvoyant? You can say that. Gamblers goal is to win their bets, they can just control themselves .

Professional gamblers are just not betting to win and that is it. There are many factors revolving their betting strategies like: 1. managing bankroll, 2. creating sessions out of that bankroll, 3. stick to their strategies for specified sessions, 4. no emotions betting, and the list goes on and on. This is how it is done my friend.

Creepings

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Quote from: 8Habits on June 11, 2017, 08:55:17 PM

Quote from: cjmoles on June 11, 2017, 02:18:26 PM

Quote from: kpcian on June 11, 2017, 01:24:59 PM

Quote from: poptok1 on October 04, 2016, 08:32:06 AM

Not sure but I think experience gives close to none advantage in such luck based games like dice etc. Sure thing it won't harm but knowledge about for example, martingale systems and the fact that its not working cant be called experience, its just knowledge.
So I think is much better to know what is what, know the theory than have experience.
Such games of chances are in nature very unpredictable and chaotic, nothing can give a good advantage in those.

Absolutely true...
Experience can nothing add with any value in the luck based games, yes, experience can bring some knowledge about the operational interface nothing else, experience can help you to take decision based on the previous statistics, so it can't bring any positive results until your luck support you, so I think, experience doesn't make any positive sense in gambling..

Well, experienced gamblers don't fall victim to the "gambler's fallacy" and they've probably learned their lessons with the martingale systems....So, experience does matter in some cases, even in games based purely on chance. And, that's not even mentioning that experienced gamblers have learned how to manage their bankrolls more effectively.

you hit it right mate! experienced gamblers don't get fell victim with some winning streak and they stop according to their plan even if there is some very enticing winning streak right on the front of their eyes. Managing bankroll and sessions is the best way to go to mitigate risks.

So what are their goals to gamble? They just gamble to manage a bankroll is that what you are saying? They gamble to win, and how can a gambler know if he/she will be winning a streak, is he a clairvoyant? You can say that. Gamblers goal is to win their bets, they can just control themselves .

8Habits

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Quote from: cjmoles on June 11, 2017, 02:18:26 PM

Quote from: kpcian on June 11, 2017, 01:24:59 PM

Quote from: poptok1 on October 04, 2016, 08:32:06 AM

Not sure but I think experience gives close to none advantage in such luck based games like dice etc. Sure thing it won't harm but knowledge about for example, martingale systems and the fact that its not working cant be called experience, its just knowledge.
So I think is much better to know what is what, know the theory than have experience.
Such games of chances are in nature very unpredictable and chaotic, nothing can give a good advantage in those.

Absolutely true...
Experience can nothing add with any value in the luck based games, yes, experience can bring some knowledge about the operational interface nothing else, experience can help you to take decision based on the previous statistics, so it can't bring any positive results until your luck support you, so I think, experience doesn't make any positive sense in gambling..

Well, experienced gamblers don't fall victim to the "gambler's fallacy" and they've probably learned their lessons with the martingale systems....So, experience does matter in some cases, even in games based purely on chance. And, that's not even mentioning that experienced gamblers have learned how to manage their bankrolls more effectively.

you hit it right mate! experienced gamblers don't get fell victim with some winning streak and they stop according to their plan even if there is some very enticing winning streak right on the front of their eyes. Managing bankroll and sessions is the best way to go to mitigate risks.

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Quote from: ethereumhunter on June 07, 2017, 02:52:54 AM

Quote from: freedomgo on June 07, 2017, 02:40:46 AM

Quote from: rainingbitcoins on June 07, 2017, 12:31:18 AM

I think experience will matter if you are gambling on sports as based on your experience you can judge what will be the end result and depending on that you can adjust your bets which can go in your favor in the end.

If it's a game of luck your experience is not necessary anymore in order to win, you need experience to gamble with
limit and to be able to manage your emotion, that's gambling you lose most of the time so you need to limit.

for me, no matter what the game is, experience still necessary because with experience, we can decide what is our step for next movement or we can decide what kind of games that we have a chance to win based of our experience. and after we have experience, we can easily make decision about what we want to do in gambling.

That is right, experience brings a player better understanding of how games works, for instance a player without some experience would hardly tell one game apart from the other as some games like dice, roulette, blackjack, etc are not actually 100% based on luck. With these type of games, experience and an analytical mind can be on the side of a player to create their own luck unlike with games like slot, which are based solely on luck.

Matter of fact, you may want to ask the reason casinos in their numbers exclude dice, roulette, etc in the games that counts for wager requirements in the bonuses they offer Roll Eyes

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Quote from: kpcian on June 11, 2017, 01:24:59 PM

Quote from: poptok1 on October 04, 2016, 08:32:06 AM

Not sure but I think experience gives close to none advantage in such luck based games like dice etc. Sure thing it won't harm but knowledge about for example, martingale systems and the fact that its not working cant be called experience, its just knowledge.
So I think is much better to know what is what, know the theory than have experience.
Such games of chances are in nature very unpredictable and chaotic, nothing can give a good advantage in those.

Absolutely true...
Experience can nothing add with any value in the luck based games, yes, experience can bring some knowledge about the operational interface nothing else, experience can help you to take decision based on the previous statistics, so it can't bring any positive results until your luck support you, so I think, experience doesn't make any positive sense in gambling..

Well, experienced gamblers don't fall victim to the "gambler's fallacy" and they've probably learned their lessons with the martingale systems....So, experience does matter in some cases, even in games based purely on chance. And, that's not even mentioning that experienced gamblers have learned how to manage their bankrolls more effectively.

mrjoy15

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Quote from: kpcian on June 11, 2017, 01:24:59 PM

Quote from: poptok1 on October 04, 2016, 08:32:06 AM

Not sure but I think experience gives close to none advantage in such luck based games like dice etc. Sure thing it won't harm but knowledge about for example, martingale systems and the fact that its not working cant be called experience, its just knowledge.
So I think is much better to know what is what, know the theory than have experience.
Such games of chances are in nature very unpredictable and chaotic, nothing can give a good advantage in those.

Absolutely true...
Experience can nothing add with any value in the luck based games, yes, experience can bring some knowledge about the operational interface nothing else, experience can help you to take decision based on the previous statistics, so it can't bring any positive results until your luck support you, so I think, experience doesn't make any positive sense in gambling..

I agree with you. If we're talking about that is gambling experience become an issue? Then my answer will obviously yes. In the case, experience in the gambling mainly a factor increase your chance to become a winner. But luck always favors your winning.

kpcian

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Quote from: poptok1 on October 04, 2016, 08:32:06 AM

Not sure but I think experience gives close to none advantage in such luck based games like dice etc. Sure thing it won't harm but knowledge about for example, martingale systems and the fact that its not working cant be called experience, its just knowledge.
So I think is much better to know what is what, know the theory than have experience.
Such games of chances are in nature very unpredictable and chaotic, nothing can give a good advantage in those.

Absolutely true...
Experience can nothing add with any value in the luck based games, yes, experience can bring some knowledge about the operational interface nothing else, experience can help you to take decision based on the previous statistics, so it can't bring any positive results until your luck support you, so I think, experience doesn't make any positive sense in gambling..

Yutikas_11920

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Quote from: BossMacko on June 04, 2017, 02:53:27 AM

Experience is important in gambling without experience you'll just bet and you'll just realize you are already losing also you'll lose fast without experience unlike with experience you know what to do, you have strategy and you know when to stop when winning or when losing.

Basically gambling is the place to be able to get a lot of disadvantages for those who rely solely on belief. Because gambling is a place that desperately need the correct thought, without thought or the right strategy then everything would be catastrophic for all of the people who do it. You need to know if gambling is not done with good self control, will certainly produce a greedy and did not fit the strategy that's best

shulio

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Quote from: Mike Mayor on June 11, 2017, 06:47:09 AM

Gambling is very random. If you bet on sports and things it can be less random but requires you to learn about the game and what could and couldn't happen. It is not about just picking and wishing. Some picks will most likely make you lose its not fairly distributed like gambling where you have a 1/100th chance of winning or whatever. You don't know your chances but you do know for example in a horse race not to pick the one that always loses.

Alot of thing will make us lose that is why it is gambling. Dont play for profit or we will not be able to get what we want. Play only for fun and if you do this then we will not be addicted and the result will not make us stress. The amount that we use when we play for fun is small enough for us to consider it as a stress even if we lose

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Quote from: Saichoukyushin on June 06, 2017, 11:53:57 PM

Quote from: Gintama214 on June 06, 2017, 06:06:07 PM

Quote from: xuan87 on October 04, 2016, 08:13:36 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?

Yes experience does matter but in your question if you play like dice or roulette you actually need to know the game and have some of experience but I do think that mostly in games like does ones you really need luck and just little bit of experience because if you never played roulette and dice you will not know when your going to win or not and as you said that you will know when to bit and high that's the part of experience. The rest is all luck. So I hope that helps. Wink

Thats right , and how experience works very well explain and it is true that roulette and dice is more on luck but experience will help you point out where and what exactly the game is . Luck is the thing that may let you win thus experience will let you more to have an advantage and to pick that right game that fits to your skills.

in the game of gambling may be much-needed experience to decide the best in any game wagering because if inexperienced you probably will have lost all that was already in the can from your advantage when lucky

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