Does experience matter in gambling? - page 83.

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Quote from: harizen on April 03, 2017, 03:21:09 PM

Quote from: gabmen on April 03, 2017, 05:46:58 AM

Exactly! Experience makes you avoid going into betting frenzies, a mistake most of the time made by newbies who get too excited about betting that they most of the time lose all their capital in one or two rounds. Experience is not really about if you can beat the house or get good results. It's about becoming wise in managing your bankroll

Actually that is right.

People literally saying that experience doesn't need especially to those house edge games since this type of game are purely based on luck. They didn't even think how dice players can keep up in a long run. That is because of their experience on how they will managed their respective bankroll.

Experience does matter but not a manadatory when a gambler wants to play. Experience makes a gambler think of a way on how will they deal with their own gambling style in the long run.

The experience will not help us to win the game, but the experience can help us to remain able to play in a long time. The experience could help us manage finances, if we learn that we can experience. Especially experience when making mistakes, we can learn more so that the same mistakes do not happen again. Financial mismanagement is very important, when we are too extravagant or spending too much money in a short time, we can think better to not happen a second time.

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Quote from: gabmen on April 03, 2017, 05:46:58 AM

Exactly! Experience makes you avoid going into betting frenzies, a mistake most of the time made by newbies who get too excited about betting that they most of the time lose all their capital in one or two rounds. Experience is not really about if you can beat the house or get good results. It's about becoming wise in managing your bankroll

Actually that is right.

People literally saying that experience doesn't need especially to those house edge games since this type of game are purely based on luck. They didn't even think how dice players can keep up in a long run. That is because of their experience on how they will managed their respective bankroll.

Experience does matter but not a manadatory when a gambler wants to play. Experience makes a gambler think of a way on how will they deal with their own gambling style in the long run.

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Quote from: xuan87 on October 04, 2016, 07:13:36 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?

I think experience is much more needed for you to become good player in the gambling sites or depending in the games that you wanna play with. Like in blackjack and poker game these two need an application of using analysis. Because if you'r not gonna use analysis it would be hard for you to win in the games.

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Quote from: Kimi80 on April 03, 2017, 04:18:46 AM

Quote from: xypos on April 03, 2017, 02:34:51 AM

Quote from: loges on April 03, 2017, 02:19:12 AM

That's right that you can minimize your losses by reducing the bets but I still believe that casino games are purely luck based and not possible to develop any strategy in winning and even no experience can help you out unless you are betting on sports.

You are only half right.

Gambling is anything that has an unknown risk, or a risk that is known to be negative towards you.

So playing poker is considered gambling, playing blackjack is considered gambling.

If you play blackjack and you are experienced, you can drastically shrink the house edge towards your favour. So you stand a better chance of winning against the house than a newbie who doesn't know strategies of blackjack. If you are playing pvp poker, obviously if you are skilled then your opponent have a big chance of losing to you if they are inexperienced.

However, if it's just a dice game, sure, experience does not matter at all.

Gambling is anything that has an unknown risk, or a risk that is known to be negative towards you. WRONG!
Gambling is calculated risk, you always know how much you risk, cause you choose the bet, you choose odds. What you wish more? I don`t know any unknown risk, cause today you can do the math about everything and to check what kind of results you can expect. In gambling its the same, so learn more about gambling and then come here to talk shit.

Exactly! Experience makes you avoid going into betting frenzies, a mistake most of the time made by newbies who get too excited about betting that they most of the time lose all their capital in one or two rounds. Experience is not really about if you can beat the house or get good results. It's about becoming wise in managing your bankroll

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Quote from: xypos on April 03, 2017, 02:34:51 AM

Quote from: loges on April 03, 2017, 02:19:12 AM

That's right that you can minimize your losses by reducing the bets but I still believe that casino games are purely luck based and not possible to develop any strategy in winning and even no experience can help you out unless you are betting on sports.

You are only half right.

Gambling is anything that has an unknown risk, or a risk that is known to be negative towards you.

So playing poker is considered gambling, playing blackjack is considered gambling.

If you play blackjack and you are experienced, you can drastically shrink the house edge towards your favour. So you stand a better chance of winning against the house than a newbie who doesn't know strategies of blackjack. If you are playing pvp poker, obviously if you are skilled then your opponent have a big chance of losing to you if they are inexperienced.

However, if it's just a dice game, sure, experience does not matter at all.

Gambling is anything that has an unknown risk, or a risk that is known to be negative towards you. WRONG!
Gambling is calculated risk, you always know how much you risk, cause you choose the bet, you choose odds. What you wish more? I don`t know any unknown risk, cause today you can do the math about everything and to check what kind of results you can expect. In gambling its the same, so learn more about gambling and then come here to talk shit.

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Quote from: xypos on April 03, 2017, 02:34:51 AM

Quote from: loges on April 03, 2017, 02:19:12 AM

That's right that you can minimize your losses by reducing the bets but I still believe that casino games are purely luck based and not possible to develop any strategy in winning and even no experience can help you out unless you are betting on sports.

You are only half right.

Gambling is anything that has an unknown risk, or a risk that is known to be negative towards you.

So playing poker is considered gambling, playing blackjack is considered gambling.

If you play blackjack and you are experienced, you can drastically shrink the house edge towards your favour. So you stand a better chance of winning against the house than a newbie who doesn't know strategies of blackjack. If you are playing pvp poker, obviously if you are skilled then your opponent have a big chance of losing to you if they are inexperienced.

However, if it's just a dice game, sure, experience does not matter at all.

The experience will help based on what games we choose to play, as you told the Blackjack, and Poker games need more experience to win your bet. And if you are opponent is inexperienced it's again an advantage for experienced players. But the slot games don't need any experience; a newbie can make a big profit in slot games if they have luck.

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There is no way that experience can be helpful in gambling as it is only based on luck, if you are lucky you win and if not then you loose as simple as that and if someone is admitting that he has won with the experience then that is not true for sure.

The question itself not asking for is that experience can make you win or not.
But more to how necessary you gamble with experience , so of course noone guarantee you to win experience.
But at least make you be more confident and know the situation what should you do with all the experience you have .

The experience will not make us win the game, but we can learn something from the experience. Experience is our best teacher. With experience we can read the conditions and looking for ideas of what to do with the situation. When we study the experience, we can learn not to repeat the same mistakes. Experience always helps us in any case if we can learn them well.

In gambling, we can not learn anything from experience. But in trading and investing every loss will teach you a new lesson. In gambling, one method will not repeat next time. So today you will win your bet with using one method, but tomorrow if you use the same method you will lose. In this situation what you will learn. In gambling, we have to play every time with a new strategy.

According to my opinion, we can learn from the experience of gambling. Gambling was spacious, in addition to placing a bet on a game and predictions, organize our finances, too, is a gamble. Why? because when finances else we should really do it right. One bit we could lose a lot of money. Therefore experience in managing money and when they lose money very able for us to learn. When we had the experience failed to organize our finances and lose a lot of money with short, we can learn from these experiences in order not to repeat the same mistakes.

The learning is probably only on how to minimize your loses, no matter you do a lot of hard work gambling is just not that easy to win.
I think most of us have the same experience, we keep losing but then again we are still here gambling over and over again. We lose and we win
but in the long run we are still in the deficit side, now we have to be matured enough and learn to enjoy by not spending much.

Yes there is no hard work with gambling sometimes it just takes minutes to lose or win.
This kind of game can change someone with just a single large bet.
I have tried betting once with a large amount and it doesn't seem right when I lost.
Maybe I should've played it slowly and somehow analyze if there could be some binary thing that is happening.
What I did was just based on luck. One time bet win or lose, 50-50.

Agree with you although many say that by increasing the chance of winning then you can win, but in my opinion they are still dependent on luck and yes all the strategies is just hogwash.

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Quote from: loges on April 03, 2017, 02:19:12 AM

That's right that you can minimize your losses by reducing the bets but I still believe that casino games are purely luck based and not possible to develop any strategy in winning and even no experience can help you out unless you are betting on sports.

You are only half right.

Gambling is anything that has an unknown risk, or a risk that is known to be negative towards you.

So playing poker is considered gambling, playing blackjack is considered gambling.

If you play blackjack and you are experienced, you can drastically shrink the house edge towards your favour. So you stand a better chance of winning against the house than a newbie who doesn't know strategies of blackjack. If you are playing pvp poker, obviously if you are skilled then your opponent have a big chance of losing to you if they are inexperienced.

However, if it's just a dice game, sure, experience does not matter at all.

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Quote from: MinerHQ on April 01, 2017, 08:05:46 PM

Quote from: ethereumhunter on April 01, 2017, 06:15:44 PM

Quote from: Creepings on April 01, 2017, 06:10:25 PM

Quote from: virtualkeybuyer on April 01, 2017, 04:28:13 PM

Quote from: CraigWrightBTC on April 01, 2017, 01:38:18 AM

I think depend on what are kinds of gambling game, if the gambling game based on skills like sports gambling
experience in gambling is important for do analysis
but if the gambling game based on lucky like dice gambling experience is not too important because
the Winners comes from random in my opinions.

But even if a person is playing a dice game some of experience will work for him as he will know that when a win is expected and when a lose is expected even in random bets a person can find it out and based on it a gambler can increase and decrease his bet for dice.

I agree, not all dice game players really depend on their luck because as a experienced dice game player, they know what to do, and what not to do during their gambling activity. As an experienced dice game player, you also need to know to minimize and maximize your bets, that is a way that only experienced players do. Having such good decision and controlling your self is one of the characteristics a experienced gambler have.

i think no matter what gambling games that we've played, with experience we have before in the games, it will help us to reach our main purpose which is win the games. maybe some games don't need to have experience and we can win with easy, but with experience the chances for us to win the games is big and the important thing is we can learn from our experience.

I agree that experience may help one to reduce the losses but I don't think one can win money from these games. Because only luck can bring money in gambling apart from that all other things are not so important in gambling to win money. If one got an experience then they know that how to minimise their losses with smaller bets or managing bankrolls.

That's right that you can minimize your losses by reducing the bets but I still believe that casino games are purely luck based and not possible to develop any strategy in winning and even no experience can help you out unless you are betting on sports.

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Quote from: michkima on March 30, 2017, 11:58:48 AM

Quote from: pinkpanther03 on March 30, 2017, 11:33:22 AM

Quote from: xuan87 on October 04, 2016, 07:13:36 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?

Experience in gambling is really matters, for us to be sharpen before we become sa good gambler in the games. Through those experience will be the way for us to not to do the mistake we did before, just simple as that. Whatever kind of games is that Wink

How can you say that experience matters in gambling? Does the dice roll better if you are experienced? Does the slot stop at the perfect time when you have more experience? Does the roulette always drop at red if you have played it a million times? No to all, right? It doesn't matter! Everything will be the same regardless if you are a new player or an fossil who played all his life.

You may want to know that the dice does not need to roll any better nor the roulette wheel, they simply roll as they would, then from your repertoire of experience, you would draw a conclusion and reach a decision for your line of action. Experience is your compass, it has nothing to do with topography. By the way, you are as good as lost without a compass in the middle of nowhere.

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Quote from: ethereumhunter on April 01, 2017, 06:15:44 PM

Quote from: Creepings on April 01, 2017, 06:10:25 PM

Quote from: virtualkeybuyer on April 01, 2017, 04:28:13 PM

Quote from: CraigWrightBTC on April 01, 2017, 01:38:18 AM

I think depend on what are kinds of gambling game, if the gambling game based on skills like sports gambling
experience in gambling is important for do analysis
but if the gambling game based on lucky like dice gambling experience is not too important because
the Winners comes from random in my opinions.

But even if a person is playing a dice game some of experience will work for him as he will know that when a win is expected and when a lose is expected even in random bets a person can find it out and based on it a gambler can increase and decrease his bet for dice.

I agree, not all dice game players really depend on their luck because as a experienced dice game player, they know what to do, and what not to do during their gambling activity. As an experienced dice game player, you also need to know to minimize and maximize your bets, that is a way that only experienced players do. Having such good decision and controlling your self is one of the characteristics a experienced gambler have.

i think no matter what gambling games that we've played, with experience we have before in the games, it will help us to reach our main purpose which is win the games. maybe some games don't need to have experience and we can win with easy, but with experience the chances for us to win the games is big and the important thing is we can learn from our experience.

I agree that experience may help one to reduce the losses but I don't think one can win money from these games. Because only luck can bring money in gambling apart from that all other things are not so important in gambling to win money. If one got an experience then they know that how to minimise their losses with smaller bets or managing bankrolls.

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Quote from: Creepings on April 01, 2017, 06:10:25 PM

Quote from: virtualkeybuyer on April 01, 2017, 04:28:13 PM

Quote from: CraigWrightBTC on April 01, 2017, 01:38:18 AM

I think depend on what are kinds of gambling game, if the gambling game based on skills like sports gambling
experience in gambling is important for do analysis
but if the gambling game based on lucky like dice gambling experience is not too important because
the Winners comes from random in my opinions.

But even if a person is playing a dice game some of experience will work for him as he will know that when a win is expected and when a lose is expected even in random bets a person can find it out and based on it a gambler can increase and decrease his bet for dice.

I agree, not all dice game players really depend on their luck because as a experienced dice game player, they know what to do, and what not to do during their gambling activity. As an experienced dice game player, you also need to know to minimize and maximize your bets, that is a way that only experienced players do. Having such good decision and controlling your self is one of the characteristics a experienced gambler have.

i think no matter what gambling games that we've played, with experience we have before in the games, it will help us to reach our main purpose which is win the games. maybe some games don't need to have experience and we can win with easy, but with experience the chances for us to win the games is big and the important thing is we can learn from our experience.

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Quote from: virtualkeybuyer on April 01, 2017, 04:28:13 PM

Quote from: CraigWrightBTC on April 01, 2017, 01:38:18 AM

I think depend on what are kinds of gambling game, if the gambling game based on skills like sports gambling
experience in gambling is important for do analysis
but if the gambling game based on lucky like dice gambling experience is not too important because
the Winners comes from random in my opinions.

But even if a person is playing a dice game some of experience will work for him as he will know that when a win is expected and when a lose is expected even in random bets a person can find it out and based on it a gambler can increase and decrease his bet for dice.

I agree, not all dice game players really depend on their luck because as a experienced dice game player, they know what to do, and what not to do during their gambling activity. As an experienced dice game player, you also need to know to minimize and maximize your bets, that is a way that only experienced players do. Having such good decision and controlling your self is one of the characteristics a experienced gambler have.

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Quote from: CraigWrightBTC on April 01, 2017, 01:38:18 AM

I think depend on what are kinds of gambling game, if the gambling game based on skills like sports gambling
experience in gambling is important for do analysis
but if the gambling game based on lucky like dice gambling experience is not too important because
the Winners comes from random in my opinions.

But even if a person is playing a dice game some of experience will work for him as he will know that when a win is expected and when a lose is expected even in random bets a person can find it out and based on it a gambler can increase and decrease his bet for dice.

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Quote from: Dr.Osh on April 01, 2017, 01:54:04 AM

Quote from: CraigWrightBTC on April 01, 2017, 01:38:18 AM

I think depend on what are kinds of gambling game, if the gambling game based on skills like sports gambling
experience in gambling is important for do analysis
but if the gambling game based on lucky like dice gambling experience is not too important because
the Winners comes from random in my opinions.

you're right, it all depends on the type of game to be played. may not experience, but the way the analysis required in each game is different. perhaps, you will require analysis when betting on sporting events, because without the proper analysis, it all will not go as you wish.

Sports betting requires experience unlike in other games like slots game and dice game even you have experience and use it to them. result end up losing.. unlike in sports betting that you can analyze what we will be the strong team who will win.. if you don't experience in sports betting you you have a chance of 50/50 to win or lose..

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Quote from: Hydrogen on March 31, 2017, 11:20:05 AM

Experience doesn't factor much in terms of every bet being non deterministic and unique.

But through experience, I think it is possible to notice certain patterns and trends which give a person an advantage over the long term.

There have been cases of people analyzing statstics & big data in fantasy sports games to gain an advantage, it makes sense that people might emulate that analytic ability if only on some subconscious level.

If you are betting with a 90% chance for instance, theoretically, it means you are to expect a loss of 10 bet amidst every 100 bets. However, owing to variance, these 10 losing bets can come in any order, worst case would be 10 consecutive reds. Now if you can figure your way to handle up to 10 consecutive losses( not plain Martingale) you would start seeing things from different perspective.

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Quote from: CraigWrightBTC on April 01, 2017, 01:38:18 AM

I think depend on what are kinds of gambling game, if the gambling game based on skills like sports gambling
experience in gambling is important for do analysis
but if the gambling game based on lucky like dice gambling experience is not too important because
the Winners comes from random in my opinions.

you're right, it all depends on the type of game to be played. may not experience, but the way the analysis required in each game is different. perhaps, you will require analysis when betting on sporting events, because without the proper analysis, it all will not go as you wish.

CraigWrightBTC

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I think depend on what are kinds of gambling game, if the gambling game based on skills like sports gambling
experience in gambling is important for do analysis
but if the gambling game based on lucky like dice gambling experience is not too important because
the Winners comes from random in my opinions.

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Quote from: Pab on March 31, 2017, 02:08:08 PM

Experience always matter,my experience is telling me to keep fresh mind whan i bet on horse racing and have some fun from that what i am doing

It's true that experience in gambling always matter. You are always prepared and you know what will be the possible output of your bet when you had experienced on a certain gambling game. It's a good advantage if you have experience in gambling though there are games that doesn't really require experience upon playing it.

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Quote from: Viscore on March 31, 2017, 11:55:49 PM

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Quote from: RealPhotoshoper on March 30, 2017, 01:03:48 AM

Quote from: CryptoCurrencyInc.com on March 29, 2017, 07:24:58 AM

There is no way that experience can be helpful in gambling as it is only based on luck, if you are lucky you win and if not then you loose as simple as that and if someone is admitting that he has won with the experience then that is not true for sure.

The question itself not asking for is that experience can make you win or not.
But more to how necessary you gamble with experience , so of course noone guarantee you to win experience.
But at least make you be more confident and know the situation what should you do with all the experience you have .

The experience will not make us win the game, but we can learn something from the experience. Experience is our best teacher. With experience we can read the conditions and looking for ideas of what to do with the situation. When we study the experience, we can learn not to repeat the same mistakes. Experience always helps us in any case if we can learn them well.

In gambling, we can not learn anything from experience. But in trading and investing every loss will teach you a new lesson. In gambling, one method will not repeat next time. So today you will win your bet with using one method, but tomorrow if you use the same method you will lose. In this situation what you will learn. In gambling, we have to play every time with a new strategy.

According to my opinion, we can learn from the experience of gambling. Gambling was spacious, in addition to placing a bet on a game and predictions, organize our finances, too, is a gamble. Why? because when finances else we should really do it right. One bit we could lose a lot of money. Therefore experience in managing money and when they lose money very able for us to learn. When we had the experience failed to organize our finances and lose a lot of money with short, we can learn from these experiences in order not to repeat the same mistakes.

The learning is probably only on how to minimize your loses, no matter you do a lot of hard work gambling is just not that easy to win.
I think most of us have the same experience, we keep losing but then again we are still here gambling over and over again. We lose and we win
but in the long run we are still in the deficit side, now we have to be matured enough and learn to enjoy by not spending much.

Yes there is no hard work with gambling sometimes it just takes minutes to lose or win.
This kind of game can change someone with just a single large bet.
I have tried betting once with a large amount and it doesn't seem right when I lost.
Maybe I should've played it slowly and somehow analyze if there could be some binary thing that is happening.
What I did was just based on luck. One time bet win or lose, 50-50.

Topic: Does experience matter in gambling? - page 83. (Read 39779 times)