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Topic: Does Skill Work? - page 2. (Read 3126 times)

legendary
Activity: 3276
Merit: 2442
August 13, 2016, 02:30:03 PM
#70
It only helps a bit in sports bets. You can't have or use any skills in purely luck dependent games like dice games. As i said, you either lucky or not when you play dice. Sports betting is a bit different though. You can study teams, players, managers and after your studies you may come to a conclusion about the winning team. Now, that study takes serious skills. Still, it doesn't guarantee anything, only helps a little.
hero member
Activity: 490
Merit: 500
August 13, 2016, 02:25:59 PM
#69
No such thing as any skill that can make you magically win at gambling.
Sure if they out think the other players in a match up in poker then yeah I can see that as a skill of being clever. But going into gaming you would need inherent cleverness to make it out with some money at least and not come out as a loser with empty pockets all the time..
at least I would think that is the case. Cause if you don't have money going in you can not play!  Cheesy
legendary
Activity: 3556
Merit: 7011
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August 13, 2016, 02:19:15 PM
#68
This is kinda funny reading the comments here.  Gamblers tend to ascribe to their luck an aspect of skill that is far too much.  It's magical thinking.   OP was right in describing the second category as mostly chance.   Skill does play a role,  but I think it's much less than a lot of players believe.
legendary
Activity: 3038
Merit: 2162
August 13, 2016, 01:43:58 PM
#67
I was seeing this Section and saw many people saying that your Skill Work mostly in Gambling, Yes There are a few types of games where skill can also play some role, but in most games, skill plays absolutely no role. . Independence of events, Randomness and House Advantages are the most important concept in the gambling that one Should have Knowledge when you are gambling.

Let’s look at where skill does, and doesn’t, come into play.

Games Based Purely on Chance
(No Skill element)

1. Lotteries
2. Scratch tickets & break-opens
3. Spinning reel games on slots and VLTs
4. Roulette
5. Mini-baccarat
6. Craps
7. Keno
8. Raffles
9. Dice

The results of these games are produced purely by chance – skill plays absolutely no role. There is nothing players can do to become “better” at these games. Each result is chosen by a random generating device, such as a roulette wheel or a random number generator on a VLT, and each result is completely independent from all the other bets.

Games Based Mostly on Chance
(Some Skill element)

Most of the games that fall into this category are card or sports-based games:

1. Blackjack
2. Pai Gow poker
3. Casino-based poker games (3 card poker, Caribbean stud, Texas hold ‘em bonus, etc.)
4. Sport Select®
5. Sports pools
6. Horse racing
7. P2P

In these games, there is some room for players to apply their skill. While skillful players may be able to keep their cost of play to a minimum, the gambling operator will still always have a house advantage.

The reason that skill can play a role in these games is that players must make decisions that can affect the outcome. Players who make bad decisions will win less often than players who consistently make good decisions.  You can read More here

Good analysis, people who want to profit from gamble should look on Skill based games, then calculate their chances and expected value. If odds are on your side, you can expect to be in profit in the long run,
legendary
Activity: 1064
Merit: 1000
August 13, 2016, 01:37:13 PM
#66
Poker, sports bet, and blackjack should be skillful games. Know the strategies and master the rules is the key of winning.

I agree with you. That three gamblings games poker, sportsbet and blackjack need skills. Especially on sports betting that i also gamble on sports betting.

poker and blackjack pure play with strategy, but sportsbet still depends on luck, difficult to predict and sometimes unexpected results.

Not really, sportsbetting is a bit of both. Sports aren't that difficult to predict; sometimes there are upsets but not often. You can always analyze games, and see how big a chance of an upset will be. For example, a game in the regular season will have more chance of an upset than in the playoffs, as most teams try their hardest in the playoffs, as they want to go all the way to the finals.

Poker and blackjack are also strategy mixed with luck; however, strategy can help you beat the odds for sure.
hero member
Activity: 700
Merit: 501
August 13, 2016, 01:09:35 PM
#65
Poker, sports bet, and blackjack should be skillful games. Know the strategies and master the rules is the key of winning.

I agree with you. That three gamblings games poker, sportsbet and blackjack need skills. Especially on sports betting that i also gamble on sports betting.

poker and blackjack pure play with strategy, but sportsbet still depends on luck, difficult to predict and sometimes unexpected results.
sr. member
Activity: 420
Merit: 250
August 13, 2016, 12:42:05 PM
#64
Poker, sports bet, and blackjack should be skillful games. Know the strategies and master the rules is the key of winning.

I agree with you. That three gamblings games poker, sportsbet and blackjack need skills. Especially on sports betting that i also gamble on sports betting.
legendary
Activity: 1274
Merit: 1001
August 13, 2016, 12:31:41 PM
#63
Great gambler is able to use both of the skill and their luck. I can say it's difficult since they seldom getting synergy but nothing is possible as long as they keep try and you just realize that you have win big , today !
hero member
Activity: 1036
Merit: 520
August 13, 2016, 12:27:10 PM
#62
skills surely work but you have to have them firsk and have the potential of learning it. there are many games that need your skills to even play them like poker games. you can't even play it if you don't know what it is and certainly you can never win if you don't have the skills.
hero member
Activity: 1484
Merit: 624
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August 13, 2016, 12:27:07 PM
#61
Many gamble games are base on skills not in luck.. i think coin flip dice game or black jack are base on luck.
And poker and sports betting are for skills.. and other card games that you need skills to make profit..
hero member
Activity: 1162
Merit: 500
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August 13, 2016, 12:07:19 PM
#60
Skill has no place as far as gambling is concerned. With betting it is a mix of both. Having knowledge of the bet will only increase your chances of winning so long as you keep a good winning strategy and don't lose all in one wild bet you were 100% sure on but never ended that way. It always seems that is how it happens doesn't it ^^
hero member
Activity: 812
Merit: 500
August 13, 2016, 05:07:11 AM
#59
I can't say that only Skill base you can win in gambling. Luck is one important thing and secondly skills and brain need in gambling, because we are talking about gambling. But in jobs and other fields of business musty need skills, but in gambling it is total different thing. Because most of the games only need luck but some games are here in gambling, where we need skills and information like first of fall Poker and black jack.
hero member
Activity: 700
Merit: 500
August 12, 2016, 05:49:57 AM
#58
Skills work most of the time in some specific type of games when it talk about gambling. There are some games like sports games where good knowledge and skills of analysis based on statistics are important and in poker as well. Skills will not make you win always in chance based games like dice,roulette and slots machines and so on. Skills and luck in combination is best pair to win most of the times.
newbie
Activity: 24
Merit: 0
August 12, 2016, 03:16:31 AM
#57
Poker, sports bet, and blackjack should be skillful games. Know the strategies and master the rules is the key of winning.
full member
Activity: 196
Merit: 100
August 12, 2016, 03:15:44 AM
#56
Yes rightly mentioned in games like roulette,dice,lottery,Scratch tickets & break-opens and others that you mentioned are based totally on luck.There i dont think i skill required to win them.Its only about the luck.
I think skill level work only in sports betting where a players knowledge on sport has a better chance to win than a player who dont know much about any particular sport.With skill i think patience is required in sports betting.
hero member
Activity: 798
Merit: 503
August 12, 2016, 03:10:32 AM
#55
I was seeing this Section and saw many people saying that your Skill Work mostly in Gambling, Yes There are a few types of games where skill can also play some role, but in most games, skill plays absolutely no role. . Independence of events, Randomness and House Advantages are the most important concept in the gambling that one Should have Knowledge when you are gambling.

Let’s look at where skill does, and doesn’t, come into play.

Games Based Purely on Chance
(No Skill element)

1. Lotteries
2. Scratch tickets & break-opens
3. Spinning reel games on slots and VLTs
4. Roulette
5. Mini-baccarat
6. Craps
7. Keno
8. Raffles
9. Dice

The results of these games are produced purely by chance – skill plays absolutely no role. There is nothing players can do to become “better” at these games. Each result is chosen by a random generating device, such as a roulette wheel or a random number generator on a VLT, and each result is completely independent from all the other bets.

Games Based Mostly on Chance
(Some Skill element)

Most of the games that fall into this category are card or sports-based games:

1. Blackjack
2. Pai Gow poker
3. Casino-based poker games (3 card poker, Caribbean stud, Texas hold ‘em bonus, etc.)
4. Sport Select®
5. Sports pools
6. Horse racing
7. P2P

In these games, there is some room for players to apply their skill. While skillful players may be able to keep their cost of play to a minimum, the gambling operator will still always have a house advantage.

The reason that skill can play a role in these games is that players must make decisions that can affect the outcome. Players who make bad decisions will win less often than players who consistently make good decisions.  You can read More here
In my opinion, I think there is limitation to skills in games of chance however one can still make headway if the skill is good enough to understand the trend but not with certainty as chance is still the deciding factor. However, one can use the skill to limit or mange losses. But when it comes to trading that is beyond chance and skill plays a great role if one is to make some headway over there...
legendary
Activity: 1148
Merit: 1006
August 12, 2016, 02:07:27 AM
#54
The only game I have seen that is based on some kind of skill is poker, that's it. There's some luck involved though(what cards you are getting, and what cards the other players have).

Have you ever tried sports betting because in sports also betting on need more skills and some luck to win the bets? All those card games even we need some skills but mostly depends on luck and without luck, I don't think we can win on a regular basis. In sports betting also due to match fixes, difficult to guess results very accurately.

I also will agree with you sports betting is also based on skills, any person can make huge profit by using skills with particular game, it's very simple if we get touch with sports and keep eye on recent changes than it's very to predict the result, but nobody can know about the fixed match result which is the reason so people lost their money for unexpected result.  

You can win in the long run with sports betting but lately especially on weekends some of the good games end unexpectedly. A much better team losses to a very weak team of the league when the better team is playing at home. To make an example as I have seen this happening in Finland Veikkausliga and Hungary OTP Bank Liga, I have seen teams leading losing at home to team of relegation. I have not a logical explanation to such things except that maybe some of the games are fixed.

Yes, i too consider sports betting will come under skill base games. But nowadays here also we are losing our bets because of unexpected results. Yes, our guessing will not working, I don't know the particular reason, it may be match fixing or players poor performance or some other reasons. But compare to poker, sports betting is easy and we can able to make some money.
copper member
Activity: 1442
Merit: 529
August 12, 2016, 01:48:54 AM
#53
The only game I have seen that is based on some kind of skill is poker, that's it. There's some luck involved though(what cards you are getting, and what cards the other players have).

Have you ever tried sports betting because in sports also betting on need more skills and some luck to win the bets? All those card games even we need some skills but mostly depends on luck and without luck, I don't think we can win on a regular basis. In sports betting also due to match fixes, difficult to guess results very accurately.

I also will agree with you sports betting is also based on skills, any person can make huge profit by using skills with particular game, it's very simple if we get touch with sports and keep eye on recent changes than it's very to predict the result, but nobody can know about the fixed match result which is the reason so people lost their money for unexpected result. 

You can win in the long run with sports betting but lately especially on weekends some of the good games end unexpectedly. A much better team losses to a very weak team of the league when the better team is playing at home. To make an example as I have seen this happening in Finland Veikkausliga and Hungary OTP Bank Liga, I have seen teams leading losing at home to team of relegation. I have not a logical explanation to such things except that maybe some of the games are fixed.
sr. member
Activity: 406
Merit: 251
August 12, 2016, 01:47:21 AM
#52
gambling is just a fortune . You do not need the expertise of specially . just in the beginning you'll definitely feel advantaged and disadvantaged continuously
hero member
Activity: 714
Merit: 500
August 12, 2016, 01:41:52 AM
#51
The only game I have seen that is based on some kind of skill is poker, that's it. There's some luck involved though(what cards you are getting, and what cards the other players have).

Have you ever tried sports betting because in sports also betting on need more skills and some luck to win the bets? All those card games even we need some skills but mostly depends on luck and without luck, I don't think we can win on a regular basis. In sports betting also due to match fixes, difficult to guess results very accurately.

I also will agree with you sports betting is also based on skills, any person can make huge profit by using skills with particular game, it's very simple if we get touch with sports and keep eye on recent changes than it's very to predict the result, but nobody can know about the fixed match result which is the reason so people lost their money for unexpected result. 
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