Does experience matter in gambling? - page 78.

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Quote from: erwin45hacked on May 06, 2017, 03:36:53 PM

Quote from: wanj99 on May 06, 2017, 02:49:30 PM

Experienced or not, it seems the same. Big funds or small funds, it makes no difference. Because what I hear, is a lot of people who lost in gambling.

Experience wont give any advantage for us however the number of your bankroll could matter. If you gamble 10 btc with 97 % chance to win, you will get 0.2 btc everytime you win. That means you are getting around $300 everytime you win, it is a small amount however it might be enough for daily usage

At first glance it looks very nice to get "free" $300 once in a while, but if you look closer, you will notice that you risk entire 10 BTC with your every bet. For example, you can win 20 bets and have $6,000 in profit, but when you lose your 10 BTC bankroll you will end up with -60% net value. This example proves that gamling is to risky to consider it turning into source of income, whether you have years of experience or a newbie, big bankroll or small, gambling should be viewed as just entertainment.

TechnoMusic

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It depends if you are gambing in poker or in dice,slots,or other games which are not skill games like poker.It is more matter in poker than dice and other games but in sites like dice,slots it depends on luck ,skills cant help you.

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Quote from: Slark on May 06, 2017, 06:27:26 AM

Quote from: michaelch on May 05, 2017, 10:24:06 PM

Yes, experience matters. Especially poker. But skill and knowledge are important as well. Particularly the understanding of the game rules and probabilities.

So what that you will know probability of hitting certain number in Roulette or probability of hitting jackpot in Slots?
Will it help you to play better? I don't think so. In the end Luck is all that matters.

The only games I consider a bit skill/knowledge dependent are Poker and live Black Jack, where you can count cards.

First you need to believe in luck, I don't and there are many people who question its existence. Do you really believe there are lucky charms and wearing certain clothes or saying a prayer will help you win? Grin

Experience matters in games that require it, like card games.

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Quote from: wanj99 on May 06, 2017, 02:49:30 PM

Experienced or not, it seems the same. Big funds or small funds, it makes no difference. Because what I hear, is a lot of people who lost in gambling.

Experience wont give any advantage for us however the number of your bankroll could matter. If you gamble 10 btc with 97 % chance to win, you will get 0.2 btc everytime you win. That means you are getting around $300 everytime you win, it is a small amount however it might be enough for daily usage

Caladonian

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Quote from: boyptc on May 06, 2017, 04:34:23 AM

Quote from: onecall123 on May 06, 2017, 01:10:01 AM

Of course, Your experience does matter in gambling. It's gradually improved your winning parameter. I think experience and strategy both of help your winning.

It's an advantage for those gambling games that will need experience or skills to win. But for those games that are not relying to those things, it's an exception. Because there are people that are new to gambling but they are just lucky enough and was able to win a lot of money. It depends on what gambling game you are playing.

with those games which only relied with luck there's no need for skills but just the timing knowing when to quit while you are still in a winning status
but withthose games like sports betting and poker strategy and skills together with previous experience will allow you take some edge and to choose which type of game or bets that your the edge.

wanj99

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Quote

Experience in gambling is necessary, but it will only help a little. When emotions begin to be less stable, ability to think becomes less clear. And risk of losing big awaits in front.

Experienced or not, it seems the same. Big funds or small funds, it makes no difference. Because what I hear, is a lot of people who lost in gambling.

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Quote from: kpcian on May 06, 2017, 01:49:32 PM

Obviously it's required.
Without getting experienced no one can shine nowhere. Specially in gambling, you must be an experienced person otherwise you will be loser in a moment. Gambling is nothing but two things, first one is experience and rest is the trick.

Experience in gambling is necessary, but it will only help a little. When emotions begin to be less stable, ability to think becomes less clear. And risk of losing big awaits in front.

kpcian

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Obviously it's required.
Without getting experienced no one can shine nowhere. Specially in gambling, you must be an experienced person otherwise you will be loser in a moment. Gambling is nothing but two things, first one is experience and rest is the trick.

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Quote from: michaelch on May 05, 2017, 10:24:06 PM

Yes, experience matters. Especially poker. But skill and knowledge are important as well. Particularly the understanding of the game rules and probabilities.

So what that you will know probability of hitting certain number in Roulette or probability of hitting jackpot in Slots?
Will it help you to play better? I don't think so. In the end Luck is all that matters.

The only games I consider a bit skill/knowledge dependent are Poker and live Black Jack, where you can count cards.

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Quote from: Beparanf on May 06, 2017, 12:57:55 AM

Quote from: RedX on May 05, 2017, 10:38:49 PM

Yes, it does. But I only think what makes it better when you have many experience in gambling is controlling your greed and emotions. I know most gamblers will agree me especially those are professional in this field. Your experience in gambling doesn't make you good in gambling but instead you will know when is the right time to stop or the profit's are enough.

Experience in terms of behaving in gambling ,not literally on the strategy of gambling. Your right that gambling requires us to be in control and know to limits our spend and games to be able to earn and not get lose at all.

And if you are already an experience gambler you know how to handle pressure and almost everything that you are facing in gambling. You will know how to get into a certain situation and get out of it in the nicest manner. And it's a great help that you know already how to control your emotion when you are an experienced gambler.

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Quote from: lienfaye on May 06, 2017, 04:58:13 AM

I agree, its better to have an experience so you have an idea what to expect. not just in game but also in your emotions on how to handle losses. in physical gambling if you have experience let say in card games, playing often makes yourself familiar well its base on my experience.

Even if you dont have any experience at all, it wont really affect the result. It is not something that needs years to study or practice however it only needs few minutes of learning. I dont think that a beginner in gambling scene will find it hard to know how to do it right given that it is almost our nature to gamble

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Quote from: boyptc on May 06, 2017, 04:34:23 AM

Quote from: onecall123 on May 06, 2017, 01:10:01 AM

Of course, Your experience does matter in gambling. It's gradually improved your winning parameter. I think experience and strategy both of help your winning.

It's an advantage for those gambling games that will need experience or skills to win. But for those games that are not relying to those things, it's an exception. Because there are people that are new to gambling but they are just lucky enough and was able to win a lot of money. It depends on what gambling game you are playing.

I agree, its better to have an experience so you have an idea what to expect. not just in game but also in your emotions on how to handle losses. in physical gambling if you have experience let say in card games, playing often makes yourself familiar well its base on my experience.

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Quote from: onecall123 on May 06, 2017, 01:10:01 AM

Of course, Your experience does matter in gambling. It's gradually improved your winning parameter. I think experience and strategy both of help your winning.

It's an advantage for those gambling games that will need experience or skills to win. But for those games that are not relying to those things, it's an exception. Because there are people that are new to gambling but they are just lucky enough and was able to win a lot of money. It depends on what gambling game you are playing.

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Of course, Your experience does matter in gambling. It's gradually improved your winning parameter. I think experience and strategy both of help your winning.

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Quote from: RedX on May 05, 2017, 10:38:49 PM

Yes, it does. But I only think what makes it better when you have many experience in gambling is controlling your greed and emotions. I know most gamblers will agree me especially those are professional in this field. Your experience in gambling doesn't make you good in gambling but instead you will know when is the right time to stop or the profit's are enough.

Experience in terms of behaving in gambling ,not literally on the strategy of gambling. Your right that gambling requires us to be in control and know to limits our spend and games to be able to earn and not get lose at all.

RedX

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Yes, it does. But I only think what makes it better when you have many experience in gambling is controlling your greed and emotions. I know most gamblers will agree me especially those are professional in this field. Your experience in gambling doesn't make you good in gambling but instead you will know when is the right time to stop or the profit's are enough.

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Quote from: erwin45hacked on April 26, 2017, 02:32:50 AM

Quote from: cjmoles on April 26, 2017, 12:39:48 AM

Bankroll management is probably the most important part of the game and too many people ignore it. An experienced professional wouldn't be very professional without a sound BRM strategy, that is true.

It is probably the most stupid thing that I have read so far. You dont really need to manage it , whatever amount that you put on the site should be considered lost already. It doesnt matter if you put a small amount or high amount, if you are going to win then you will win there is nothing that could change that

I agree , its too different opinion and a loss move to be taken .Why would it needs to manage bankroll ,A professional doesn't focus on that .He will be more focus on what stratedgy he will do and the perfect game for him to play and earn money .Its not the bankroll it is given so let it be .

michaelch

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Yes, experience matters. Especially poker. But skill and knowledge are important as well. Particularly the understanding of the game rules and probabilities.

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I could either watch it happen or be a part of it

Experience is very important in the real world, it is necessary even when you are applying in a company, in playing sports and online games. In card games experience matter because, when you played a lot you will know whether you are in the downside of the game or you will know when to bet big. Experience won't change the card in your hands or the roll of the dice but through experience you will lessen the hassle when you are in the tough game, you will development your gambling instict and know when to leave the game or to bet more. Experienced player is hard to beat in games that requires analyzation and tactics.

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Quote from: erwin45hacked on April 26, 2017, 02:32:50 AM

Quote from: cjmoles on April 26, 2017, 12:39:48 AM

Bankroll management is probably the most important part of the game and too many people ignore it. An experienced professional wouldn't be very professional without a sound BRM strategy, that is true.

It is probably the most stupid thing that I have read so far. You dont really need to manage it , whatever amount that you put on the site should be considered lost already. It doesnt matter if you put a small amount or high amount, if you are going to win then you will win there is nothing that could change that

Yeah , you are right , I also wondered for the gambling trick , stretagy and study that how to play in clever way and make some better earning , and also I got much knowledge from the internet but know reality I didn't get any profit .
I tried every gambling's trick but didn't get sure Profit Because Gambling casino sites are not fool .
But a best thing in the gambling is that if you can control your mind to earn more then you can make big profit , Because with the early win exit Gambling and cashout your bitcoin from the Gambling site .

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