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Topic: Does experience matter in gambling? - page 66. (Read 39782 times)

legendary
Activity: 938
Merit: 1002
June 04, 2017, 02:36:51 PM
I think most of the games are ninety percent luck. But there are some games where risks can be significantly reduced if you have a good strategy. Though, it's not so simple. Essensial factors to build such strategy involve knowledge of probabilities. There are cases of people, with very good knowledge of math and probability, who have managed to make fortunes from it, but the cases are rare.
Yeah, when it comes to a ninety percent of luck then I think there will be no or a very much low use of the knowledge stuff, even if you are an experienced or an unexperienced person it really don’t matters. If something that much depends on the luck then I guess there is no need to be skilled or experience. If you are lucky enough you will win and if not then you will not that’s what the reality of the gambling is.
legendary
Activity: 1540
Merit: 1016
June 04, 2017, 01:25:27 PM
Guess what, experience does matter if we learn from them.  If we fail to take notice of every event that happen during our gambling session, then it won't matter having experience at all.   Experience if we learned from them make us familiar with certain situation and will know what to do to make best of the situation.  So experience only matters if we absorbed and learned from it.

Experience is what made me like this, I was hard gambler before I learn from my experience that I will always lose whenever I play too hard trying to get profit. Thats what my experience teach me, sometimes it is different for other person because they can win as well. Thats why their experience might be different from mine
hero member
Activity: 588
Merit: 500
June 04, 2017, 11:30:07 AM
There are games where experience would matter and there are games that it never would. For example, in dice games, the previous results or the amount you've spent playing it would never matter since the outcome is generated randomly. You'll have the same odds, all based on random generated numbers.

On the other hand, there are games such as poker and sportsbetting where experience sure do matter. In poker, you'd know when to start bluffing, know if the other guy is just bluffing, and know how much to raise and when to fold. In sportsbetting, you start to know more and more the teams that are playing. You get to know which ones better than the other. Although this can easily be done even without experience just by conducting your own research.
legendary
Activity: 3010
Merit: 1280
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June 04, 2017, 09:03:22 AM
Guess what, experience does matter if we learn from them.  If we fail to take notice of every event that happen during our gambling session, then it won't matter having experience at all.   Experience if we learned from them make us familiar with certain situation and will know what to do to make best of the situation.  So experience only matters if we absorbed and learned from it.
legendary
Activity: 1176
Merit: 1024
June 04, 2017, 08:45:11 AM

Yes experience is the best teacher.It can teach me on my past so that I can learn of all that experience for the better for todays coming moments to play gambling again.
Experience can teach me how to be a good player to win the game.It gives wisdom to make my life a successful woman.

yes you are right that experience is like a teacher who teaches all the all the aspects of the thing, and also in gambling experience is very important thing because due to experience you can play very well in gambling and due to experience you can learn from your past errors and will not repeat the same mistake and it will be possible to win in gambling.
Yeah this is true the experience is a teacher we can say it because it comes with the passage of time and time surely is the best teacher, healer and the best guide for you.

Like in any other field where the experience matters and the experienced persons have an edge over the fresh ones same is the case here in the gambling. The experienced person knows how to make a move when it’s time to wrap up the stuff.
hero member
Activity: 1134
Merit: 502
June 04, 2017, 01:53:27 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.
sr. member
Activity: 2436
Merit: 455
June 04, 2017, 01:51:39 AM
Experience does matter in gambling because they can control them self while betting I've seen many people who win some amount at start that's luck or skill but they keep doing it and loose all in the end while experienced player stop betting after winning some amount.   

Probably, but that is really the only part where experience matters. But if we are talking about the outcome of every bet then it doesn't matter. This isn't sports where you can be the best at, for example, tennis when you practice very hard and play against the best of the world. Experience matters only on decisions whether to roll again or not and just withdraw.
It does matters. You will see a lot of new gamblers gamble on 90% win chance and they just believe that they will win easily. While if you actually analyze the situation you will see that loosing is most most probable when betting on 90% ( I don't know why but its actually a fact ). Experience can change your view towards gambling and loss/wins but it can't change the results though, yes.

It depends on the game actually, if you are playing poker and sports betting, then yes, experience does matter, but if you are just playing games like DICE, then you won't need it that much, because in DICE, everything is completely random---the rolls, because if it do have a pattern then the players would easily notice it and take it as an advantage to win.

Sometimes, experience also do need in DICE, because you have to make decisions if you are still going continue or what.
sr. member
Activity: 896
Merit: 267
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June 04, 2017, 01:30:51 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?
No it's not. It's just another lesson that could lead you to handle more carefull in your money/capital yet it wasn't applied sometimes as emotions make our mind to forget the proper money management thus it doesn't matter.
hero member
Activity: 2996
Merit: 609
June 03, 2017, 11:10:37 PM
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?

Experience is important in any gambling game not only in poker and sports bet. I've been playing dice for a long time and i learned from my experience in dice that i should not try to recover if i loss a lot already, and if i win i should stop whenever i reach a percent of my bankroll. I also learned that playing too much gambling will end up bad and also do not abuse your luck if ever you are lucky in that day.
I have experience that is most important to me, I never played dice for a long time when I don't have to try to recover if I lost a lot already, and if I win I have to stop every time I reach my bankroll percent. I also learned that play gambling too much, it will end badly and also not abusing your luck if you ever lucky on that day. but always use the trick in playing gambling it will make us lucky
Experience would be described either both on gambling game itself or on the experience on playing it. Experience does really matter on everything because we do have knowledge already into something when we are already engage it on the past but when we are talking about skill based gambling then experience does really matter because you know already what to do in order to choose bets or how to tactic movements on your card.It can be still used on dice games but the experience we are talking here is about where to stop and when to play.
sr. member
Activity: 434
Merit: 250
June 03, 2017, 08:12:55 PM
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?

Experience is important in any gambling game not only in poker and sports bet. I've been playing dice for a long time and i learned from my experience in dice that i should not try to recover if i loss a lot already, and if i win i should stop whenever i reach a percent of my bankroll. I also learned that playing too much gambling will end up bad and also do not abuse your luck if ever you are lucky in that day.
I have experience that is most important to me, I never played dice for a long time when I don't have to try to recover if I lost a lot already, and if I win I have to stop every time I reach my bankroll percent. I also learned that play gambling too much, it will end badly and also not abusing your luck if you ever lucky on that day. but always use the trick in playing gambling it will make us lucky
hero member
Activity: 2184
Merit: 531
June 03, 2017, 03:06:35 PM
Experience does help whether in gambling or trading but it's tough to predict any number or pattern of numbers as everything depends on your luck. People who win jackpots too win it while not being experienced but it's just a guess that proved right. Sports betting requires experience but not in poker or dice games.
I think, gambling is totally dependent on luck, so here, experience can play role a little bit. You can predict following your previous experience but you can't win with the help of your experience. So from my point of view, experience doesn't matter in playing gambling regarding to win the game.
If you think so then please explain to me how some people are getting good at playing cards. Do they improve their luck by training?
If luck is the most important thing, how come a computer can win at poker vs professional players? Is that computer lucky? Grin
legendary
Activity: 3542
Merit: 1352
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June 03, 2017, 02:55:56 PM
Experience in gambling alone wouldn't matter much, however in the sport that you're gambling or playing with, it does. Say for example you are a sports bettor. You obviously don't know betting jargons for the first time but you do know the teams and the game so bad. That will help you on your first win even if it's just the moneyline you bet on because along the way you will figure out handicaps and whatnot by just betting on the game you have the most experience with.
legendary
Activity: 1512
Merit: 1041
June 03, 2017, 01:50:06 PM
Experience does matter in gambling because they can control them self while betting I've seen many people who win some amount at start that's luck or skill but they keep doing it and loose all in the end while experienced player stop betting after winning some amount.   

Probably, but that is really the only part where experience matters. But if we are talking about the outcome of every bet then it doesn't matter. This isn't sports where you can be the best at, for example, tennis when you practice very hard and play against the best of the world. Experience matters only on decisions whether to roll again or not and just withdraw.
It does matters. You will see a lot of new gamblers gamble on 90% win chance and they just believe that they will win easily. While if you actually analyze the situation you will see that loosing is most most probable when betting on 90% ( I don't know why but its actually a fact ). Experience can change your view towards gambling and loss/wins but it can't change the results though, yes.
hero member
Activity: 826
Merit: 529
June 03, 2017, 12:09:58 PM
Experience does help whether in gambling or trading but it's tough to predict any number or pattern of numbers as everything depends on your luck. People who win jackpots too win it while not being experienced but it's just a guess that proved right. Sports betting requires experience but not in poker or dice games.
I think, gambling is totally dependent on luck, so here, experience can play role a little bit. You can predict following your previous experience but you can't win with the help of your experience. So from my point of view, experience doesn't matter in playing gambling regarding to win the game.
hero member
Activity: 1302
Merit: 540
June 03, 2017, 10:27:23 AM
Sometimes experience is helping us when we gamble but if you are confident to gamble with your luck and skills, you don't need to be experienced. Because there are some gambling games that aren't requiring experience for it. Though I'm not totally depending on my luck but when I know what I'm doing, it's more important.

It is definitely not important to have any experience at all unless it is poker game though. All you need is just to click few button and the random result will come out. Anyone could do it and it is not hard for even a retarded person to start to gamble . Definitely having self confidence is not going to improve the result of the game though
well if you are speaking regarding to luck base games yes you don't need experience as we knew that even you don't have anything but luck comes behind you, you will able to bank a huge wins, but if you are playing with sports games you need some experience to understand what would be the advantages of the players or teams that you bet with.
legendary
Activity: 1652
Merit: 1057
June 03, 2017, 09:52:00 AM
Experience does matter in gambling because they can control them self while betting I've seen many people who win some amount at start that's luck or skill but they keep doing it and loose all in the end while experienced player stop betting after winning some amount.   
That's right with experience in gambling the person comes to know that he won't actually win with gambling and hence he does not get upset after loosing and not too excited after winning.

You can see the example of pro gamblers who actually make profit of it, you talk with them and you will see they have a calm head and they take losses very naturally. A new gambler would get excited and love strategies like martingale while a experienced one will stay away from those strategies.
sr. member
Activity: 574
Merit: 251
June 03, 2017, 08:18:08 AM
I don't thinl experience matter in most of the game as you need more luck to win things. One game that i think experience matter is poker against another user.
legendary
Activity: 1372
Merit: 1005
June 03, 2017, 08:13:17 AM
Sometimes experience is helping us when we gamble but if you are confident to gamble with your luck and skills, you don't need to be experienced. Because there are some gambling games that aren't requiring experience for it. Though I'm not totally depending on my luck but when I know what I'm doing, it's more important.

It is definitely not important to have any experience at all unless it is poker game though. All you need is just to click few button and the random result will come out. Anyone could do it and it is not hard for even a retarded person to start to gamble . Definitely having self confidence is not going to improve the result of the game though

Experience in any field or in gambling also will do the same to give tactics for seeing profits more than the newbies in the gambling. In casino or games will not need much to concentrate about experience but for the betting you need to be experienced in the such field.
full member
Activity: 290
Merit: 100
June 03, 2017, 07:29:47 AM
Yes, I think experience in gambling matters at all. Once you have already an experience in gambling we already know the risk and we know that we can't win all the time. So once you play again you need to know your limitations. For me, experience really matters so that for the next time we play we know how to deal with it.
Experience will make you clever, we know how risky gambling is but it could help us to manage our emotion and we will not
gonna lose an amount that were not suppose to be for gambling. Winning is what we are aiming but seems like it is hard to do it consistently
but with experience we will understand what our chances are.

Agreed, to help us in gambling, not always have to win the game, but experience can help in other things. Experience can make us better at managing emotions, with our experience can also manage finances better. And we are always faced with choices, with experience we can make wiser decisions and choose better for us.

In a way yes, I do agree, but if we are going to talk experience to use in gambling to win? Then, it depends on what game what we are going to play. For example is DICE, then the experience doesn't matter on this one, because the only thing that you need here is just to press the button and we could know the result in an instant, and sports betting? I think yes, experience does matter, because it is all about prediction and other stuffs.
legendary
Activity: 1932
Merit: 2272
June 03, 2017, 06:26:33 AM
Yes, I think experience in gambling matters at all. Once you have already an experience in gambling we already know the risk and we know that we can't win all the time. So once you play again you need to know your limitations. For me, experience really matters so that for the next time we play we know how to deal with it.
Experience will make you clever, we know how risky gambling is but it could help us to manage our emotion and we will not
gonna lose an amount that were not suppose to be for gambling. Winning is what we are aiming but seems like it is hard to do it consistently
but with experience we will understand what our chances are.
Experience wont help you to deal with you emotions and certainly wont make you clever. It's gambling you are talking about.
What do you mean with:
with experience we will understand what our chances are.
Oh, you are one of those guys who thinks everyone is stupid and can't use logic and simple math?
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