Few observations about luck-based games in comparison to skill-based games (2). - page 4.

Dr.Bitcoin_Strange

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Quote from: Samlucky O on October 04, 2024, 03:39:53 AM

Quote from: Dr.Bitcoin_Strange on August 03, 2024, 03:35:48 PM

Well, in my opinion, I think that gambling depends on luck no matter the game. Skill based game like sports (soccer for example) also depends on luck, I have seen someone that staked a very huge amount, I can not be precise about the amount but I guess it was close to $1k, the man stake the amount on two games, one was just 1.1 odd and the second was 1.3 odd but he lost the bet.

Certainly all form of games wether Roulette or football games all are based on luck. But what baffles me is how someone would stake $1k in 2 games precisely 1.1odd and 1.3 isn't that insanity? Well I guess he was trying to play a game that will reduce risk tolerance, but still end up losing after being careful. That is to show that no matter how careful one tends to be, he might still lose. Which plainly described gambling as a game of luck because someone in other hands may risk A single 30odd game and it happens to play.

Well, yeah, that's insane but so many bettors are taking the risk every day for the same of making profit. Are you not aware of Drake, do you know how much he loses on a single bet anytime he is unlucky? You can not even compare $1k to the amount of money that drake puts on a single bet. Gambling is about luck and anyone that is risking a huge amount should only put the amount they can afford to lose.

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Quote from: ethereumhunter on October 03, 2024, 02:25:07 AM

However, luck is needed in the gambling games, no matters if that is skill based games or luck based games. When playing gambling, we must think about how good our luck to win the games. But when you often lose your money, that gives you understanding that you don't have to keep playing gambling because that can makes you gets more losses. If you can not realizes that, you will only regret and the worst is you can becomes addicted to gambling. Playing gambling is not related to gender because anyone can playing gambling but what they must know is how they can prevent the big lose and still control themselves.

The luck based for gambling is always higher then the skill grounds if solid comparison is to be made actually, if you doubt, we have seen times where teams we expect to win against other teams get to loose and in some cases even with very good numbers of goal differences meanwhile normally a skilful gambler would say going by their statistical records, they know that between this two teams it's most likely the bigger side would win but at the end of the day such skill gets defiled, which is a confirmation that both skill and luck have to come in place to win and at times luck is even greater and thst is why someone without a skill can randomly make picks and still win.

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Quote from: Dr.Bitcoin_Strange on August 03, 2024, 03:35:48 PM

Well, in my opinion, I think that gambling depends on luck no matter the game. Skill based game like sports (soccer for example) also depends on luck, I have seen someone that staked a very huge amount, I can not be precise about the amount but I guess it was close to $1k, the man stake the amount on two games, one was just 1.1 odd and the second was 1.3 odd but he lost the bet. Normally, the prediction was perfect but the outcome of the game was just unexpected. The skill game like poker also depends on luck, because you can not be very certain about the outcome. One can get disappointed in gambling on the game they attached all their hope to.

There is always a belief in sport betting that when you go for games with lower odds, the chances of you winning are always very high compared to when you place a bet on higher odds, which is what I believe the man did in that place, but the result did not just happen the way it was predicted that day, but other days it has been working for them. I have someone who is also good at doing that on a daily basis, but he focusses specifically on live matches.

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Quote from: Rruchi man on August 02, 2024, 04:29:55 PM

There is a chance that the nature of the game has something to do with the gender that plays in that game most. There is no official study for this yet, but I am thinking that we will find more females playing and drawn to luck-based games than skill-based games because of how difficult the process of learning skill-based games may be.

I don't think that gender has anything to do with luck based game. Although The reason most female gender play luck based games is that they they find it more convenient and stress free compeard to the skilled based but doesn't mean that male gender are not also many in the luck based game. As a matter of fact when you think of gambling wether luck or skilled based games just think of the male gender. We find female gender fewer in anything gambling, all because of the sake of lossing fund. You know the female gender can be so careful when it comes t anything money so when they tried to gamble several times without a win they give up and the male gender continues and keep dominating, that's why I say the male still take the Leed.

Quote from: Dr.Bitcoin_Strange on August 03, 2024, 03:35:48 PM

Well, in my opinion, I think that gambling depends on luck no matter the game. Skill based game like sports (soccer for example) also depends on luck, I have seen someone that staked a very huge amount, I can not be precise about the amount but I guess it was close to $1k, the man stake the amount on two games, one was just 1.1 odd and the second was 1.3 odd but he lost the bet.

Certainly all form of games wether Roulette or football games all are based on luck. But what baffles me is how someone would stake $1k in 2 games precisely 1.1odd and 1.3 isn't that insanity? Well I guess he was trying to play a game that will reduce risk tolerance, but still end up losing after being careful. That is to show that no matter how careful one tends to be, he might still lose. Which plainly described gambling as a game of luck because someone in other hands may risk A single 30odd game and it happens to play.

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Quote from: Oluwa-btc on October 03, 2024, 05:22:52 AM

Quote from: Rruchi man on August 02, 2024, 04:29:55 PM

There is a chance that the nature of the game has something to do with the gender that plays in that game most. There is no official study for this yet, but I am thinking that we will find more females playing and drawn to luck-based games than skill-based games because of how difficult the process of learning skill-based games may be.

Yeah I think so that basically for the female is usually luck based because you find few people that involves in gambling and possibly when they gamble they don't specifically rely on any skilled strategies but ought to play the game the way it is and that's why the males are known for skilled based game.And again you find luck based games in beginners in gambling that have low detailed information about it but tend to go about it and in cause of that they might be lucky on some games and make a win but majorly the male gender are known for gambling with some skills imand make it all out so the both plays different roles tho sometimes you can find the both skilled and luck in most cases.

It's really very difficult though to say, we can't generalized what female wants to play. I've seen in land base casino's that female also sit on a table game and play with the big boys. So for me, it doesn't matter, luck base games or any table or card games, it will still attract both sides of the fences so to speak.

So it's just better to think that women right now is also taking huge risk unlike maybe in the last century or so wherein they were just perceived as something to be left in the house and men doing the hard labor jobs. It's just one off shot of time changing and women becoming active in every part of the society, including gambling itself.

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Quote from: ChiBitCTy on August 02, 2024, 06:34:55 PM

Quote from: Rruchi man on August 02, 2024, 04:29:55 PM

There is a chance that the nature of the game has something to do with the gender that plays in that game most. There is no official study for this yet, but I am thinking that we will find more females playing and drawn to luck-based games than skill-based games because of how difficult the process of learning skill-based games may be.

Another observation about luck-based games that a new gambler with an interest in them has to know is that they have the potential to make you, as a gambler, spend more money gambling than skill-based games.

What do you think?

So are you calling women stupid? lol. Kinda feels like what you're saying here. I would say in general that women tend to gamble less than men do. I don't think it's a huge gap between the two sexes but in general it sure seems this way. I think if anything it's that women tend to be a bit more conservative with their money than men are, so they often see gambling as a bit reckless. I think they also might just simply not gamble as much as if that's the case, since they don't take time to learn skill based games you would probably find them playing luck based games when they do.

Yea I agree with Chi, it sounds like the OP by using the word "Skill" for what type
of gambling men do that its a superior form of gambling. Women are definitely
less risk takers, and they can identify which type of gambling is likely to be more risky,
its human nature.

So I think they are possibly drawn to Slots and Plinko and "luck based" games for the
entertainment factor and if the make a profit its a bonus.

But yea as someone else has posted there is a degree of luck to every form of
gambling, goo or bad depending on what side your bet falls.

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Quote from: ethereumhunter on October 03, 2024, 02:25:07 AM

Quote from: Jaycoinz on October 02, 2024, 09:09:28 AM

The level of luck needed in skilled based games can't be compared to luck based games, they are both gambling but the skilled based games can put you in profit more than games that are based on luck. In the aspect of the addiction you mentioned, this is one of the reasons why playing luck based games is a bad idea because you might get addicted to and this might cause some complications. Skills Based games are different: football, horse racing, basketball and so on, these sports can be profitable to you if you are acquainted with them

However, luck is needed in the gambling games, no matters if that is skill based games or luck based games. When playing gambling, we must think about how good our luck to win the games. But when you often lose your money, that gives you understanding that you don't have to keep playing gambling because that can makes you gets more losses. If you can not realizes that, you will only regret and the worst is you can becomes addicted to gambling. Playing gambling is not related to gender because anyone can playing gambling but what they must know is how they can prevent the big lose and still control themselves.

Well, I do agree with your idea that I think it is a fact that no matter what type of game it is, luck is still a very important factor in locking in victory, but unfortunately as we know we will never know when we will be lucky so victory is always speculative.
And yes I also agree with what you said that the results in gambling do not depend on gender, as we discussed here that the point is that victory only depends on luck regardless of your gender, the point is if you are lucky then you will also win and if you are not able to take care of yourself well in the sense of having the wrong approach then it will clearly be very easy for you to experience many problems with your finances.

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Quote from: Rruchi man on August 02, 2024, 04:29:55 PM

There is a chance that the nature of the game has something to do with the gender that plays in that game most. There is no official study for this yet, but I am thinking that we will find more females playing and drawn to luck-based games than skill-based games because of how difficult the process of learning skill-based games may be.

Another observation about luck-based games that a new gambler with an interest in them has to know is that they have the potential to make you, as a gambler, spend more money gambling than skill-based games.

What do you think?

I think anyone can be interested in a gambling game and I think this is no exception, whether it's men or women, they can be interested in games based on luck. We don't know what's on their minds, whether they have a sense of not wanting to be complicated by being more interested in games based on luck alone or those who are interested in games based on luck. But what is clear is that luck will still be involved even in games that require skill. I'm sure of that. Different interests are real, not all new players will be interested in games based on luck alone, because in my opinion not all new players are betting for the first time with games based on luck alone, but there are also those who are skill-based on their first bet. Therefore I think there is no certainty to compare it, but what is certain is that everyone can be interested when they already know gambling.

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Quote from: Rruchi man on August 02, 2024, 04:29:55 PM

There is a chance that the nature of the game has something to do with the gender that plays in that game most. There is no official study for this yet, but I am thinking that we will find more females playing and drawn to luck-based games than skill-based games because of how difficult the process of learning skill-based games may be.

Yeah I think so that basically for the female is usually luck based because you find few people that involves in gambling and possibly when they gamble they don't specifically rely on any skilled strategies but ought to play the game the way it is and that's why the males are known for skilled based game.And again you find luck based games in beginners in gambling that have low detailed information about it but tend to go about it and in cause of that they might be lucky on some games and make a win but majorly the male gender are known for gambling with some skills imand make it all out so the both plays different roles tho sometimes you can find the both skilled and luck in most cases.

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Quote from: Jaycoinz on October 02, 2024, 09:09:28 AM

The level of luck needed in skilled based games can't be compared to luck based games, they are both gambling but the skilled based games can put you in profit more than games that are based on luck. In the aspect of the addiction you mentioned, this is one of the reasons why playing luck based games is a bad idea because you might get addicted to and this might cause some complications. Skills Based games are different: football, horse racing, basketball and so on, these sports can be profitable to you if you are acquainted with them

However, luck is needed in the gambling games, no matters if that is skill based games or luck based games. When playing gambling, we must think about how good our luck to win the games. But when you often lose your money, that gives you understanding that you don't have to keep playing gambling because that can makes you gets more losses. If you can not realizes that, you will only regret and the worst is you can becomes addicted to gambling. Playing gambling is not related to gender because anyone can playing gambling but what they must know is how they can prevent the big lose and still control themselves.

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Quote from: Su-asa on October 02, 2024, 08:58:36 AM

To be on a more profitable side it's better to play skilled based games, luck based games might make you lose a lot of money. Take Casinos for example,they are all luck based games because they do not require any plan or strategy. Crash games don't require any statistics all you have to do is fund your account and hope for the best and this applies in every other casino games. Skilled games on the other hand gives the gambler a little advantage when you have properly analyzed your selections although it doesn't guarantee Profit but it's certainly going to reduce your losses

I don't think so, if want to get big profits then the choice is still game based on luck because there is large number of multipliers and each game in the luck base always has jackpot that can be won by gamblers, but the percentage of success is quite small.
It just that each gambler choice must be different and how their perspective is related to the two types of bets, whether in the form of games of luck or skill, will also give different meaning, I personally don't really prioritize one of them because the most important thing is to be able to play well and get sense of pleasure and satisfaction, moreover defeat in gambling is always guaranteed.
If it just to minimize defeat then I agree with you to choose game or bet that can really rely on skill, this can make it easier to increase victory and minimize the amount of loss due to defeat but still we also have to calculate the risk and have control over the amount of money at stake.

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Quote from: Rruchi man on August 02, 2024, 04:29:55 PM

There is a chance that the nature of the game has something to do with the gender that plays in that game most. There is no official study for this yet, but I am thinking that we will find more females playing and drawn to luck-based games than skill-based games because of how difficult the process of learning skill-based games may be.

Another observation about luck-based games that a new gambler with an interest in them has to know is that they have the potential to make you, as a gambler, spend more money gambling than skill-based games.

What do you think?

I think that skill-based games are also not free from luck, these two things are related to each other even though there are games that I think are purely based on luck that will only determine the end of the game being played. With skill-based games, of course, not everyone is interested in it because there must be skills to be able to win, while we all know that we want something instant so most people in my opinion are more in games based on pure luck. In addition, everyone who gambles in my opinion can feel more interested when they have gambled, especially if their first gamble managed to make them a profit, with that the big chance is that they will believe that they can make a profit by gambling, but instead of wanting to get more profit, it will only trap them and tend to be difficult to get out, especially if they are addicted.

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Quote from: BIT-BENDER on October 01, 2024, 12:07:11 PM

I am not going to be stereotype and say that females aren't much involved in betting or gambling, but the truth and the fact is that we have more male in this sector than females, and if we want to do our investigation properly we would discover that some of the females now involved where brought on by a male.

According to the OP, since many female gamblers may lack the analytical skills necessary to evaluate games, they tend to favor luck-based gambling. It makes sense, in my opinion, as the majority of female sports bettors I know rely on men for analysis and forecasts. I also believe that a large number of them are too busy with kids and housework to have the time to check statistics.

Quote from: Su-asa on October 02, 2024, 08:58:36 AM

To be on a more profitable side it's better to play skilled based games, luck based games might make you lose a lot of money. Take Casinos for example,they are all luck based games because they do not require any plan or strategy. Crash games don't require any statistics all you have to do is fund your account and hope for the best and this applies in every other casino games. Skilled games on the other hand gives the gambler a little advantage when you have properly analyzed your selections although it doesn't guarantee Profit but it's certainly going to reduce your losses

Both sports betting and casino games have the potential to be profitable, so it all depends on the gambler's preference. Some gamblers have made a fortune from playing purely luck-based games. Some like to analyze games, which leads to increased sports betting. We still need to acknowledge that winning is still dependent on luck and that even a strong prediction analysis does not guarantee success.

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Quote from: Jaycoinz on October 02, 2024, 09:09:28 AM

The level of luck needed in skilled based games can't be compared to luck based games, they are both gambling but the skilled based games can put you in profit more than games that are based on luck.

Luck will always benefit you no matter what kind of game you are betting on. A little luck will not hurt but the difference between skill based and luck based is that you have more chances of winning in skill based if you indeed have the knowledge and skills to put things into your favor. If you manage to get lucky at some point, it only raises your chances of winning but even without this luck you can win skill based games. Compared to luck based where once your luck runs out, you will be in trouble.

Quote

In the aspect of the addiction you mentioned, this is one of the reasons why playing luck based games is a bad idea because you might get addicted to and this might cause some complications.

I think both kinds can be quite addicting and both can result in disaster results for you if you do not manage them well. Some people still get bad results from skill based games simply because they do not have the skills to back it up but they still do not stop and continue to play without learning.

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Quote from: _act_ on August 02, 2024, 05:34:10 PM

Skilled based games are still luck based games also. All matches are still luck based. But I understand your question.

It is true that casino games can be addictive than sport betting. But in sport there are still horse, dog racing and some other short minute games. Also there are in-play which are all very addictive also. Also there are virtual matches that can take less than 30 seconds. Also are esports that can take less than 5 to 12 minutes. All these are in sport and they can be very addictive.

I do not have enough information about women likely to gamble on casino games than betting on sport matches. But generally people gamble on casinos than they bet on sport matches.

The level of luck needed in skilled based games can't be compared to luck based games, they are both gambling but the skilled based games can put you in profit more than games that are based on luck. In the aspect of the addiction you mentioned, this is one of the reasons why playing luck based games is a bad idea because you might get addicted to and this might cause some complications. Skills Based games are different: football, horse racing, basketball and so on, these sports can be profitable to you if you are acquainted with them

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To be on a more profitable side it's better to play skilled based games, luck based games might make you lose a lot of money. Take Casinos for example,they are all luck based games because they do not require any plan or strategy. Crash games don't require any statistics all you have to do is fund your account and hope for the best and this applies in every other casino games. Skilled games on the other hand gives the gambler a little advantage when you have properly analyzed your selections although it doesn't guarantee Profit but it's certainly going to reduce your losses

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Quick observation:

Luck based games do not require any skill. Skill based does. Rest is just you adding random words to it.

There is no need to complicate it all, it's just a clear difference and the way you categorize both of these also matters.

You cannot use skills or patterns in a luck based game, for example Roulette.

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Quote from: Franctoshi on October 01, 2024, 12:01:20 PM

Quote from: _act_ on August 02, 2024, 05:34:10 PM

Skilled based games are still luck based games also. All matches are still luck based. But I understand your question.

Yes, even when you have done your perfect analysis of your games, and choose your very team you've believe they will win, luck still have to be another factor that helps you in wining your games.

Foe newbies gamblers theirs are basically on luck they haven't known anything, using myself for instance, The very first day I tried betting that's exactly the day I won my first bet and that was how the journey started, don't even no anything, I went into a betting and choose team that I love and support to win and that was it.

At least with the analysis I do it can increase the chances of winning, even if the final result is still a factor of luck.
Once I chose a good team and was sure to win, in the end I lost, for example last week Barcelona lost 4-2 away and we were sure that Barcelona would win but because I was unlucky, I had to lose the bet.

Yeah that's how gambling games are, all rely on luck even beginners just choose the important thing to win, winning is also lucky not because he analyzes.

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Quote from: Franctoshi on October 01, 2024, 12:01:20 PM

Quote from: _act_ on August 02, 2024, 05:34:10 PM

Skilled based games are still luck based games also. All matches are still luck based. But I understand your question.

Yes, even when you have done your perfect analysis of your games, and choose your very team you've believe they will win, luck still have to be another factor that helps you in wining your games.

Foe newbies gamblers theirs are basically on luck they haven't known anything, using myself for instance, The very first day I tried betting that's exactly the day I won my first bet and that was how the journey started, don't even no anything, I went into a betting and choose team that I love and support to win and that was it.

It sure does, because we don't really know what the results will be, we are just predicting it as close as possible to the result but it doesn't mean it's 100 percent correct. So both skill and luck should be there to able to win a bet. Well, that's only for sports betting because it's different in casino games like slots.
Everything that is happening there is based on algorithms that will given to you and most of the time they are losing streaks at the first 50 - 100 bets before we could even see that we are lucky enough to bump into a good algorithm that gives out a high amount of multipliers.

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I am not going to be stereotype and say that females aren't much involved in betting or gambling, but the truth and the fact is that we have more male in this sector than females, and if we want to do our investigation properly we would discover that some of the females now involved where brought on by a male.

As every human would, we will always go for the one that our chances of winning is higher, I personally would go for a luck based game than a skilled based game especially when I have little to no idea about the skilled based game. There are people who has actually won very big from the luck based games than the skilled based games, take Lotto for example where people win millions of dollars. Also to add to this, if I had good knowledge of a game then I would go for it .

Topic: Few observations about luck-based games in comparison to skill-based games (2). - page 4. (Read 1458 times)