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Topic: Does hard work in gambling count? - page 28. (Read 12172 times)

hero member
Activity: 2646
Merit: 686
July 15, 2018, 07:55:17 AM
#17
Yes it does normally when I want to gamble in a sports match I'll read the temperature, the past records there, what is the current form of players, are they able to score what is the injury status. Once I read all this I draw probable conclusions to see them and then I decide to go ahead so yes hard work does matter otherwise you could end up being hurt.
copper member
Activity: 1442
Merit: 529
July 15, 2018, 05:40:18 AM
#16
In most of the cases it does, below is an example for sport betting

If you study hard the analysis from different websites you will have an edge in the long run of course as you cannot win all the bets but for today I have placed two bets based on some analysis websites I have seen which are to be seen below.
Fc Nordsjaelland vs Esbjerg - here I choose Fc Nordsjaelland because they have much better players and Esbjerg is still struggling with the same players from one year ago where they seriously risked the relegation, for the moment Fc Nordsjaelland is winning but it does not mean that they cannot lose the game.
Next game also my tip of the day is Fc Norrkoping vs Hacken- Norrkoping to win because Hacken has lost 67% of their away games even to team with lower potential than Norrkoping. On the otherside Norrkoping has won 3 consecutive home wins against Hacken and both with 2 goals difference.

What I want to say is that studying help a lot especially in sport betting.
legendary
Activity: 1662
Merit: 1050
July 15, 2018, 05:39:17 AM
#15
Hard work never counts. It is always smart work that counts. Wink
legendary
Activity: 2436
Merit: 1804
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July 15, 2018, 05:32:32 AM
#14


I think this can be applied to poker and to poker only. That's a known fact that there are professional poker players who win more than others on average. Although many gamblers think that sports betting is also skill based I disagree with them. I've never heard of a professional sports better who can really prove that he/she is having constant income from sports betting. I think that it's impossible even theoretically because knowing which team will win puts you in a position when you have to risk ten times more of the money than you can potentially win.

that's totally not true , there are many professional sports bettors as well and you can find plenty of them by googling professional tipsters or just checking twitter
these guys have sample of over 4000 picks for example where they show profit , in order to be professional let's say you averaging 3 units profit a month then your 1 unit bet should 500 euros for example and you should be making 1500 euros a month

there are also a plenty of sportstraders as well , try searching for trading betfair professional and you will see how many are generating income by just trading the odds in betfair
legendary
Activity: 3374
Merit: 2198
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July 15, 2018, 04:37:47 AM
#13
I am curious to know if someone continually invested a lot of time in studying a game involved in gambling, further if he had played the game a lot to understand the intricacies involved, then can we call him an expert in that gambling game? If we do call him an expert then we clearly differentiate his experience and expertise from that of a novice. This clearly shows that the person is capable of winning more as an expert than the novice who really does not have the in-depth understanding of the play.

This brings us to an interesting question if hard work in gambling really pays off? If one puts in a lot of efforts to understand a game involved in gambling, does it mean that all his time has gone down the drain? Certainly no. If gambling were simply a blind guess or a wild shot then even years of studying it makes it useless because one is simply guessing the outcome blindly. But such is not the scenario with gambling in reality. What makes hard work count in gambling?

This further sets off the question of addiction in gambling. Work can also be an addiction for many. But here the addiction could be for perfecting the game and the art of playing. This kind of addiction is to struggle every time for success by proper calculation and review. However, addiction can also be due to pure greed of winning with no clear knowledge of the game. If hard work counts, then we may actually find a solution for a healthier addiction towards success in gambling.

I think this can be applied to poker and to poker only. That's a known fact that there are professional poker players who win more than others on average. Although many gamblers think that sports betting is also skill based I disagree with them. I've never heard of a professional sports better who can really prove that he/she is having constant income from sports betting. I think that it's impossible even theoretically because knowing which team will win puts you in a position when you have to risk ten times more of the money than you can potentially win.
legendary
Activity: 2604
Merit: 1036
July 15, 2018, 03:47:35 AM
#12
Practice makes perfect if you are a chess player  Cheesy Professional gamblers can have so many ups and downs in one month's time that the stress alone will make you quit if not the losses. I think the only way to consistently beat the bookies is arbitrage betting. Mathematics can't fail you at the end of the day. Everything else is gambling. People can not predict with certainty the outcomes of events they have no full control over. Otherwise all the statisticians and analysts would have been winning all the time and all the houses would have been out of business by now  Cheesy I think if a bettor waged on every favorite in Russia from start to finish they would have ended in the red because stats lie. Performance can change, player fitness can change, injuries can happen and there are other factors that can alter the outcome of competition. I am trying to say that there is no clear-cut 100% working formula for success when luck is involved.
MMA
legendary
Activity: 1134
Merit: 1000
July 15, 2018, 03:21:38 AM
#11
The answer to your question depends entirely on what game we are talking about.

Hard work can absolutely pay off when the game isn't just pure chance. There are games against other players such as poker, where you can practice reading language as well as concealing your own, and learning when it is best to check, call, raise, bluff, fold, etc. Or games like blackjack where you can learn to card count and give yourself an edge over the house.

If you are talking about games that are pure chance - roulette, plinko, dice "busting" games, etc. then no, there is nothing you can do to improve your odds.
Agree skill based games need some experience but of course since it's a gambling, you still need luck or a combination of both. But if you study a game like dice, even if how many years you will put on research, it doesn't make sense because it's a luck base game.
Yes some gambling games need skills, experience and study, specially in sports gambling, but some gambling games are there which are totally based on our luck and our previous experience and skill do not count there. We totally depend on our luck. Specially in dice game where you even after several year will totally depend on your luck.
hero member
Activity: 2660
Merit: 551
July 15, 2018, 03:10:36 AM
#10
I am curious to know if someone continually invested a lot of time in studying a game involved in gambling, further if he had played the game a lot to understand the intricacies involved, then can we call him an expert in that gambling game? If we do call him an expert then we clearly differentiate his experience and expertise from that of a novice. This clearly shows that the person is capable of winning more as an expert than the novice who really does not have the in-depth understanding of the play.

This brings us to an interesting question if hard work in gambling really pays off? If one puts in a lot of efforts to understand a game involved in gambling, does it mean that all his time has gone down the drain? Certainly no. If gambling were simply a blind guess or a wild shot then even years of studying it makes it useless because one is simply guessing the outcome blindly. But such is not the scenario with gambling in reality. What makes hard work count in gambling?

This further sets off the question of addiction in gambling. Work can also be an addiction for many. But here the addiction could be for perfecting the game and the art of playing. This kind of addiction is to struggle every time for success by proper calculation and review. However, addiction can also be due to pure greed of winning with no clear knowledge of the game. If hard work counts, then we may actually find a solution for a healthier addiction towards success in gambling.

Perhaps in sports betting, hard work like studying every teams, on horse racing, handicaps etc can paid off big dividends in the end. But as far as luck based games? I don't think so, think for example roulette which I have seen a lot of maths and studies from the past, but I haven't heard anyone become successful because its based on pure luck and nothing more.
legendary
Activity: 2058
Merit: 1015
July 15, 2018, 02:30:01 AM
#9
The answer to your question depends entirely on what game we are talking about.

Hard work can absolutely pay off when the game isn't just pure chance. There are games against other players such as poker, where you can practice reading language as well as concealing your own, and learning when it is best to check, call, raise, bluff, fold, etc. Or games like blackjack where you can learn to card count and give yourself an edge over the house.

If you are talking about games that are pure chance - roulette, plinko, dice "busting" games, etc. then no, there is nothing you can do to improve your odds.
Agree skill based games need some experience but of course since it's a gambling, you still need luck or a combination of both. But if you study a game like dice, even if how many years you will put on research, it doesn't make sense because it's a luck base game.
sr. member
Activity: 588
Merit: 254
July 14, 2018, 12:52:14 PM
#8
Just a clarification: it is useless to count cards in blackjack nowadays because casinos use many card decks and shuffle every time.

Playing a 6 or 8 deck game certainly reduces the benefit of card-counting compared to, say, a 2 deck game, but it does not make it obsolete. Continuous shuffle machines do make card counting obsolete, but these are far from commonplace.
will be very difficult and it will not be useful for you to calculate or predict which cards will come out on the blackjack game.
especially if the 8-deck game, it will only waste your time, and not a prediction that can but will only waste time that we can use and utilize for other games ...
Well the point you tried to mentioned is already said above and here you set an example of wasting time  Cheesy
There is something that comes to mind when we talk about gambling and it is luck. I guess hard word won't come to anyone mind's while luck will strike all minds. I hope you got my point.
hero member
Activity: 966
Merit: 501
July 14, 2018, 12:02:27 PM
#7
Just a clarification: it is useless to count cards in blackjack nowadays because casinos use many card decks and shuffle every time.

Playing a 6 or 8 deck game certainly reduces the benefit of card-counting compared to, say, a 2 deck game, but it does not make it obsolete. Continuous shuffle machines do make card counting obsolete, but these are far from commonplace.
will be very difficult and it will not be useful for you to calculate or predict which cards will come out on the blackjack game.
especially if the 8-deck game, it will only waste your time, and not a prediction that can but will only waste time that we can use and utilize for other games ...
legendary
Activity: 2268
Merit: 18748
July 14, 2018, 11:40:32 AM
#6
Just a clarification: it is useless to count cards in blackjack nowadays because casinos use many card decks and shuffle every time.

Playing a 6 or 8 deck game certainly reduces the benefit of card-counting compared to, say, a 2 deck game, but it does not make it obsolete. Continuous shuffle machines do make card counting obsolete, but these are far from commonplace.
legendary
Activity: 1358
Merit: 1565
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July 13, 2018, 11:15:06 PM
#5
The answer to your question depends entirely on what game we are talking about.

Hard work can absolutely pay off when the game isn't just pure chance. There are games against other players such as poker, where you can practice reading language as well as concealing your own, and learning when it is best to check, call, raise, bluff, fold, etc. Or games like blackjack where you can learn to card count and give yourself an edge over the house.

If you are talking about games that are pure chance - roulette, plinko, dice "busting" games, etc. then no, there is nothing you can do to improve your odds.

Yes. If OP studies those games and probabilities he will end up not playing casino games due to their expected long-term mathematical return and playing only poker and maybe sports betting and horses. The thing is, poker is much harder nowadays than some years ago, so a great effort is needed to succeed.

Just a clarification: it is useless to count cards in blackjack nowadays because casinos use many card decks and shuffle every time.
legendary
Activity: 1904
Merit: 1000
July 13, 2018, 09:26:31 PM
#4
I am curious to know if someone continually invested a lot of time in studying a game involved in gambling, further if he had played the game a lot to understand the intricacies involved, then can we call him an expert in that gambling game? If we do call him an expert then we clearly differentiate his experience and expertise from that of a novice. This clearly shows that the person is capable of winning more as an expert than the novice who really does not have the in-depth understanding of the play.

This brings us to an interesting question if hard work in gambling really pays off? If one puts in a lot of efforts to understand a game involved in gambling, does it mean that all his time has gone down the drain? Certainly no. If gambling were simply a blind guess or a wild shot then even years of studying it makes it useless because one is simply guessing the outcome blindly. But such is not the scenario with gambling in reality. What makes hard work count in gambling?

This further sets off the question of addiction in gambling. Work can also be an addiction for many. But here the addiction could be for perfecting the game and the art of playing. This kind of addiction is to struggle every time for success by proper calculation and review. However, addiction can also be due to pure greed of winning with no clear knowledge of the game. If hard work counts, then we may actually find a solution for a healthier addiction towards success in gambling.

Hard work won't pay off in gambling no matter what type of game we intend to master. It'll give a comfortable mind when we dealing with the game but at the end, luck will be the last determiner. And unfortunately, no one can master the luck!
legendary
Activity: 3094
Merit: 1127
July 13, 2018, 04:13:37 PM
#3
The answer to your question depends entirely on what game we are talking about.

Hard work can absolutely pay off when the game isn't just pure chance. There are games against other players such as poker, where you can practice reading language as well as concealing your own, and learning when it is best to check, call, raise, bluff, fold, etc. Or games like blackjack where you can learn to card count and give yourself an edge over the house.

If you are talking about games that are pure chance - roulette, plinko, dice "busting" games, etc. then no, there is nothing you can do to improve your odds.
Well said which is actually true. Hard work would only be just applicable to those games which you can actually attain knowledge,skills and experience that you would somehow beneficial for you but as being said when you do talk about those games that do requires pure luck then i dont see a reason for hard work to fit in.

Gambling in general aspect supposed to be treated as an entertainment not literally a job for you to make hard work.lol
legendary
Activity: 2268
Merit: 18748
July 13, 2018, 10:54:34 AM
#2
The answer to your question depends entirely on what game we are talking about.

Hard work can absolutely pay off when the game isn't just pure chance. There are games against other players such as poker, where you can practice reading language as well as concealing your own, and learning when it is best to check, call, raise, bluff, fold, etc. Or games like blackjack where you can learn to card count and give yourself an edge over the house.

If you are talking about games that are pure chance - roulette, plinko, dice "busting" games, etc. then no, there is nothing you can do to improve your odds.
full member
Activity: 343
Merit: 124
July 01, 2018, 10:15:05 PM
#1
I am curious to know if someone continually invested a lot of time in studying a game involved in gambling, further if he had played the game a lot to understand the intricacies involved, then can we call him an expert in that gambling game? If we do call him an expert then we clearly differentiate his experience and expertise from that of a novice. This clearly shows that the person is capable of winning more as an expert than the novice who really does not have the in-depth understanding of the play.

This brings us to an interesting question if hard work in gambling really pays off? If one puts in a lot of efforts to understand a game involved in gambling, does it mean that all his time has gone down the drain? Certainly no. If gambling were simply a blind guess or a wild shot then even years of studying it makes it useless because one is simply guessing the outcome blindly. But such is not the scenario with gambling in reality. What makes hard work count in gambling?

This further sets off the question of addiction in gambling. Work can also be an addiction for many. But here the addiction could be for perfecting the game and the art of playing. This kind of addiction is to struggle every time for success by proper calculation and review. However, addiction can also be due to pure greed of winning with no clear knowledge of the game. If hard work counts, then we may actually find a solution for a healthier addiction towards success in gambling.
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