Does experience matter in gambling? - page 84.

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Quote from: Pab on March 31, 2017, 03:08:08 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

Is was supposed to be fun. It just gets stressful with consecutive lost. It was fun added with money to bet to make it more exciting.
I guess with people who just want to have fun experience doesn't really matter as long as they are enjoying the game. That time when you are jumping with joy when your horse number is running like crazy and going in for the 1st place.
Well, I think it just happens at starters but after that it is all seriousness.

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Quote from: kodes88 on March 31, 2017, 11:49:11 PM

Quote from: chris200x9 on March 30, 2017, 05:22:33 AM

Quote from: kodes88 on March 30, 2017, 04:33:47 AM

Quote from: RealPhotoshoper on March 30, 2017, 02:03:48 AM

Quote from: CryptoCurrencyInc.com on March 29, 2017, 08:24:58 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.

kodes88

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Quote from: chris200x9 on March 30, 2017, 05:22:33 AM

Quote from: kodes88 on March 30, 2017, 04:33:47 AM

Quote from: RealPhotoshoper on March 30, 2017, 02:03:48 AM

Quote from: CryptoCurrencyInc.com on March 29, 2017, 08:24:58 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.

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Quote from: ubercool on March 30, 2017, 06:05:19 AM

Quote from: CryptoCurrencyInc.com on March 29, 2017, 08:24:58 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.

Yes gambling is based on luck but without having a little bit of experience, it will be a headache to play the next move or to strategize the gameplay. Huh

Actually gambling is not based on experience, rather the way of playing is greatly influenced by experience. I mean that you cannot win a dice bet by any means of experience but after loosing certain bets it is experience that makes sure you don't get desperate and loose all. So yeah it's important because with experience you learn some basics like if you lost the previous bet then loosing/winning the next bet is not dependent on the earlier one.

Pab

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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

TravelMug

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Quote from: mrcash02 on March 31, 2017, 12:59:53 PM

Quote from: eternalgloom on March 31, 2017, 12:42:48 PM

Quote from: Hydrogen on March 31, 2017, 12:20:05 PM

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.

I don't know about that, recognizing 'patterns' is pretty dangerous when you're playing roulette for example, since it's impossible to know for sure what the next roll will be.
By thinking you're seeing patterns, you're actually entrapped in gamblers fallacy.

I don't believe in gambling game patterns, looks it's very random... The only analyze I think it's possible to see on gambling charts, statistics is the gamblers losses on long term. On short term there are good profit sometimes, but if you analyze it after more time you will see a decreasing profit and an increasing profit of house statistics.

The more you analyze it, the more pattern you see and its getting hard to pick your winning. I remember back days when I was a noob betting and I don't need to look a the pattern or charts I just bet what I feel like to and won. But overtime, when I learn to read and analyzed, the harder for me to make bets because I'm seeing possible ways to win.

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Quote from: eternalgloom on March 31, 2017, 12:42:48 PM

Quote from: Hydrogen on March 31, 2017, 12:20:05 PM

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.

I don't know about that, recognizing 'patterns' is pretty dangerous when you're playing roulette for example, since it's impossible to know for sure what the next roll will be.
By thinking you're seeing patterns, you're actually entrapped in gamblers fallacy.

I don't believe in gambling game patterns, looks it's very random... The only analyze I think it's possible to see on gambling charts, statistics is the gamblers losses on long term. On short term there are good profit sometimes, but if you analyze it after more time you will see a decreasing profit and an increasing profit of house statistics.

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Quote from: Hydrogen on March 31, 2017, 12:20:05 PM

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.

I don't know about that, recognizing 'patterns' is pretty dangerous when you're playing roulette for example, since it's impossible to know for sure what the next roll will be.
By thinking you're seeing patterns, you're actually entrapped in gamblers fallacy.

Hydrogen

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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.

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Quote from: Victorycoin on March 31, 2017, 03:04:01 AM

Quote from: bajing on March 27, 2017, 07:57:23 AM

Quote from: Victorycoin on March 26, 2017, 10:05:40 AM

Don't be fooled, experience matters as in everything else in life. The only game that is 99% based on luck is slot, with games like dice and roulette, the odds for bet types differs for a number of reasons. It takes experience to decipher a dangerous bet setup and how to take advantage of statistics in creating one's luck. What actually stands in the way of players is not lack of some winning strategies, but the lack of experience to realise when to quit.

I think quite the opposite if you have much experience will make you easy to stop gambling and statistics isnt related with luck but is related with strategy.

if you have some experience and good understanding of statistics, you can always manage your risk and money. That is how to create own's luck and not by walking at the middle of the road, hoping you would not be knocked down.

I think it depends on what you want to matter, if you want more profits there are games (like poker for a great example) experience can be a lot more helpful than some other games (like slots), whereas when you are a gambling newbie you dive both feet in and lose big most of the time but if you are a veteran gambler than you can be much more careful, it is helpful not in a more profit way but helpful in a less loss type of way.

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Quote from: bajing on March 27, 2017, 07:57:23 AM

Quote from: Victorycoin on March 26, 2017, 10:05:40 AM

Don't be fooled, experience matters as in everything else in life. The only game that is 99% based on luck is slot, with games like dice and roulette, the odds for bet types differs for a number of reasons. It takes experience to decipher a dangerous bet setup and how to take advantage of statistics in creating one's luck. What actually stands in the way of players is not lack of some winning strategies, but the lack of experience to realise when to quit.

I think quite the opposite if you have much experience will make you easy to stop gambling and statistics isnt related with luck but is related with strategy.

if you have some experience and good understanding of statistics, you can always manage your risk and money. That is how to create own's luck and not by walking at the middle of the road, hoping you would not be knocked down.

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Quote from: Ziskinberg on March 31, 2017, 01:28:34 AM

Quote from: ethereumhunter on March 30, 2017, 07:12:31 PM

Quote from: elite3000 on March 30, 2017, 02:01:28 PM

experience will help you not lose control when you play, so you won't bet more than you can afford to lose and you won't try to chase losses and end up losing even more

of course won't help you to get better results because dice and roulette and stuff are random

agree with this, because for our experience, we can make predicting something when we feel that we have been there in the past, beside that we can be careful when we want to place a bet to avoid any losses that maybe we have. but having experience is not for all gambling games and only half gambling games that need experience.

When you say gambling, it means all forms of gambling and it does not require experience but experience will help a lot. Experience is not only needed to win but also on how to handle yourself in tough situation. Usually when a gambler keep losing, he cannot control himself and he will become desperate of betting just to get back their loses but with experience, you will learn how to control yourself.

It also depends on what part of gambling you will apply your experience in. If it is just about when to withdraw, when to deposit and when to go all in then experience could play a good role in those situations. But if you are talking about reducing the risks of losing or increasing your win chances, then there is no point of talking about experience in gambling.

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Quote from: ethereumhunter on March 30, 2017, 07:12:31 PM

Quote from: elite3000 on March 30, 2017, 02:01:28 PM

experience will help you not lose control when you play, so you won't bet more than you can afford to lose and you won't try to chase losses and end up losing even more

of course won't help you to get better results because dice and roulette and stuff are random

agree with this, because for our experience, we can make predicting something when we feel that we have been there in the past, beside that we can be careful when we want to place a bet to avoid any losses that maybe we have. but having experience is not for all gambling games and only half gambling games that need experience.

When you say gambling, it means all forms of gambling and it does not require experience but experience will help a lot. Experience is not only needed to win but also on how to handle yourself in tough situation. Usually when a gambler keep losing, he cannot control himself and he will become desperate of betting just to get back their loses but with experience, you will learn how to control yourself.

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Quote from: elite3000 on March 30, 2017, 02:01:28 PM

experience will help you not lose control when you play, so you won't bet more than you can afford to lose and you won't try to chase losses and end up losing even more

of course won't help you to get better results because dice and roulette and stuff are random

agree with this, because for our experience, we can make predicting something when we feel that we have been there in the past, beside that we can be careful when we want to place a bet to avoid any losses that maybe we have. but having experience is not for all gambling games and only half gambling games that need experience.

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Quote from: michkima on March 30, 2017, 12:58:48 PM

Quote from: pinkpanther03 on March 30, 2017, 12:33:22 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?

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.

It does matter. Experience lets you react accordingly, that is if you are learning from your experience. Those who learn from their experience knows the importance of it. But those who does not will really never understand how important experience is. So basically, arguing with them about the importance of experience in gambling is simply a waste of time. But to remind them sometimes is worth an effort though

Learn from your experience.

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Quote from: erwin45hacked on March 30, 2017, 04:31:38 PM

Quote from: elite3000 on March 30, 2017, 02:01:28 PM

experience will help you not lose control when you play, so you won't bet more than you can afford to lose and you won't try to chase losses and end up losing even more

of course won't help you to get better results because dice and roulette and stuff are random

You dont need experience to actually let you know not to bet on those that you cant afford. There are tons of stuff around here and there are so many stories that can be read over the internet on how someone lose it . If someone choose to be ignorant then let it be as experience going to teach him nothing

But I believe experience will be handy for any gambler because only through experience we could find right time to stop gambling. We can see gamblers make profits in first-round and losing their bankroll+profits in second round itself. If they would have stopped their gambling with in first-round itself, they could make decent gambling life.

I believe stopping at right times will be possible only due to experience. This would be one simple example, similarly we can have the use of experience everywhere in gambling.

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Quote from: elite3000 on March 30, 2017, 02:01:28 PM

experience will help you not lose control when you play, so you won't bet more than you can afford to lose and you won't try to chase losses and end up losing even more

of course won't help you to get better results because dice and roulette and stuff are random

You are explained your point of view with a different way about experience in gambling. By the way, Maybe you're right in some cases, with experience you can stop gambling in the right time, To avoid a big losses. For me i consider experience of gambling, which a gamlber know when he gamble and in what he gamble. Of course with smartest choice. I talk here about gambling in sports. because i don't think that there is experience in gambling games based only in luck; Like dice or anything else.

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Quote from: elite3000 on March 30, 2017, 02:01:28 PM

experience will help you not lose control when you play, so you won't bet more than you can afford to lose and you won't try to chase losses and end up losing even more

of course won't help you to get better results because dice and roulette and stuff are random

You dont need experience to actually let you know not to bet on those that you cant afford. There are tons of stuff around here and there are so many stories that can be read over the internet on how someone lose it . If someone choose to be ignorant then let it be as experience going to teach him nothing

elite3000

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experience will help you not lose control when you play, so you won't bet more than you can afford to lose and you won't try to chase losses and end up losing even more

of course won't help you to get better results because dice and roulette and stuff are random

michkima

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Quote from: pinkpanther03 on March 30, 2017, 12:33:22 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?

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.

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