Gambling: process vs outcome | Bitcointalksearch.org

blockman

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Quote from: ampere on April 03, 2020, 08:46:19 AM

Quote from: LincolnMikkel on March 31, 2020, 09:00:01 AM

Personally I take gambling as another way of gaining some spare cash so outcome is the most important for me.

I like the manner at which you highlighted why you do gamble.
To gain spare funds.

This means that as a gambler, we need to gamble reasonably and ensure that we do not borrow to gamble.
And also, outcome in gambling is indeed important, but don't make gambling a lifestyle.

A gambler will have his or her own reasons why they gamble. To have spare cash isn't a new reason and we've seen this very much before and probably a greater portion of the gamblers of the forum have the same reason. The outcome might not be the same for everybody but as long as you know what you are aiming whether to enjoy the process or go for the outcome, only you can know it.

ampere

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Quote from: LincolnMikkel on March 31, 2020, 09:00:01 AM

Personally I take gambling as another way of gaining some spare cash so outcome is the most important for me.

I like the manner at which you highlighted why you do gamble.
To gain spare funds.

This means that as a gambler, we need to gamble reasonably and ensure that we do not borrow to gamble.
And also, outcome in gambling is indeed important, but don't make gambling a lifestyle.

naikturun

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Quote from: stadus on April 03, 2020, 03:29:45 AM

Who would love to if we are doing it for long term, because we know that lottery and dice are based on luck only, and we can't last in this kind of game, these games are only good if we like to have fun and risk a few bucks only.

some people will still do that for a long time, or they already like this game since first play, who knows Tongue

Quote from: stadus on April 03, 2020, 03:29:45 AM

Sports betting would pass on the prediction kind of game, if you love a game and you are a gambler as well, this is for you.

hmm, i already try to bet sport and make prediction, and i guess that not for me, im better confidance with poker playing.
it is more challenging and emotional in every action for example you do FOLD when your card is better. Roll Eyes

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Quote from: naikturun on April 03, 2020, 02:45:57 AM

I don't really like waiting for luck like a lottery, or throwing dice.

Who would love to if we are doing it for long term, because we know that lottery and dice are based on luck only, and we can't last in this kind of game, these games are only good if we like to have fun and risk a few bucks only.

Quote from: naikturun on April 03, 2020, 02:45:57 AM

it is better to predict, and be able to predict the possible outcome, although luck will also appear in every choice we make.
but at least we estimate before taking action.

Sports betting would pass on the prediction kind of game, if you love a game and you are a gambler as well, this is for you.

naikturun

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I don't really like waiting for luck like a lottery, or throwing dice.
it is better to predict, and be able to predict the possible outcome, although luck will also appear in every choice we make.
but at least we estimate before taking action.

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Quote from: Natalim on March 31, 2020, 01:51:19 AM

Quote from: mersal on March 29, 2020, 08:37:18 AM

Most of the gamblers are excited about outcome not the meanwhile waiting time especially in lottery like gambling modes because bettors believe that they are going to win some day and the day could be today whole everyday they are betting on it.I too tried lotteries for very few times to know how lucky I am and most of the time I get to nearer numbers from the numbers which announced as won but honestly I feel its the strategy makes us to believe that we are going to be win practiced by the sites.

Lottery is one of the games that people are not anymore interested on the process, I mean the project on how to win it because they likely rely only in their luck since this game is based on luck alone, if your have a winning combination number, you'll win, that's it, and for me, this kind of game is not quite interesting for me as it does not challenge me and due to its very slim chance of winning.

The lottery game for me is not challenging because just choosing the right numbers then we will win / lose for me the lottery is not the same gambling that is the same I am also not interested in this process tends to produce a little compared with losing a lot and also luck must be right right to you if you want to be rich.

For me, casino games are the ones that have to challenge with the right concentration because where we will think of good strategies to win gambling.

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Quote from: Natalim on March 31, 2020, 01:51:19 AM

Lottery is one of the games that people are not anymore interested on the process,

Yeah they are buying the tickets in hopes of getting rich quickly. It is what fuels gambling, they want to get rich and they dream of big houses, private jets, villas - so they try their luck. Grin

Quote

I mean the project on how to win it because they likely rely only in their luck since this game is based on luck alone, if your have a winning combination number, you'll win, that's it, and for me, this kind of game is not quite interesting for me as it does not challenge me and due to its very slim chance of winning.

Thats why it is luck. You can win these games and the big jackpot. But how many tickets would you need? You will be spending more than what you actually win in order to turn the luck on your side because the odds are against you.

But nobody wants to look into these finer details of gambling before playing. They are just in it for the outcome or the win/loss.

LincolnMikkel

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Personally I take gambling as another way of gaining some spare cash so outcome is the most important for me.

Betwrong

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I stand with Ukraine.

Voted for "Both are equally important", and, as I can see, most voters are of this opinion.

To me personally, the process is the most important thing because I play to relax, not to earn money. But I can't say that the outcome doesn't matter for me at all. Of course I feel better after winning with a good payout, and I'm talking not about the amount of money won, but about the multiplier. Just like yesterday I won 2 bets in a row with 0.5% win chance. What are the odds of that?!

I was feeling very happy although I won just 398 sats as a result.

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In my opinion, an important factor in this matter will be the question - how strong is the correlation between the process and the subsequent result.
In some games, you need to keep concentration at the proper level and not make mistakes, make calculations and make the right moves, in these games the process is paramount, in others it can be neglected.

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Quote from: mersal on March 29, 2020, 08:37:18 AM

Most of the gamblers are excited about outcome not the meanwhile waiting time especially in lottery like gambling modes because bettors believe that they are going to win some day and the day could be today whole everyday they are betting on it.I too tried lotteries for very few times to know how lucky I am and most of the time I get to nearer numbers from the numbers which announced as won but honestly I feel its the strategy makes us to believe that we are going to be win practiced by the sites.

Lottery is one of the games that people are not anymore interested on the process, I mean the project on how to win it because they likely rely only in their luck since this game is based on luck alone, if your have a winning combination number, you'll win, that's it, and for me, this kind of game is not quite interesting for me as it does not challenge me and due to its very slim chance of winning.

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Quote from: verita1 on March 30, 2020, 10:56:47 PM

I agree that both can go together. I remember that my father had enough money for all his responsibilities, even gambling. He liked to bet on the horses and I don't remember that he won but I do remember that he won the lottery several times. In fact, he made home improvements thanks to his lottery winnings.

When your father has good information about what horse that has a big chance to win, he will not care about the process, and he will wait for the outcome because the opportunity for winning will give him the hope to get the win money. But if we don't have good information, and we only predict the horse, I think the process and the outcome will come together as there is no right information, or he could only collect a few good information. Perhaps, the outcome will be one thing that the gamblers will pay attention to because the result means they can get the win money from gambling.

verita1

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I agree that both can go together. I remember that my father had enough money for all his responsibilities, even gambling. He liked to bet on the horses and I don't remember that he won but I do remember that he won the lottery several times. In fact, he made home improvements thanks to his lottery winnings.

mersal

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Most of the gamblers are excited about outcome not the meanwhile waiting time especially in lottery like gambling modes because bettors believe that they are going to win some day and the day could be today whole everyday they are betting on it.I too tried lotteries for very few times to know how lucky I am and most of the time I get to nearer numbers from the numbers which announced as won but honestly I feel its the strategy makes us to believe that we are going to be win practiced by the sites.

Lorence.xD

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The common reason of gamblers why they are playing is because of the money, so they want to win to make money from it. So basically the outcome is more important than the process. But for me process is important thing, those gamble that requires skills and techniques is a good gambling, you may see the process if you will win the game and those games have more chances to win the game compared to those games that only relies on the luck of the person or those gambling that you are only required to wait for the outcome.

gandame

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The outcome is the most important, the whole process of gambling is the process where there is no one who can tell or there is no guarantee what will be its outcome. It is more on prediction and luck.

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Quote from: FIFA worldcup on March 29, 2020, 02:59:23 AM

Quote from: doctor877 on March 26, 2020, 02:23:24 PM

The process is very important, that's what will determine if the outcome will be good or not. So if you do a good process, a good outcome should follow otherwise it will lead to frustration. That's why both are very important. People keep trying lotteries because they believe they will win. Even if they lose they will still play.

The problem is that there is no process in gambling. No matter what you do, you will never know whether you will win or lose. In games like gambling where luck matters most, the process has zero value. All the value is about the outcome and if the outcome is a Win, then you are happy and good to go.

Gambling is a process, maybe not good one, or the best one, but it's some process, we can't deny that. Journey is more important
than goal, you need to have some fun if you decided to gamble, whether you win or lose, and if you gamble you will encounter both
it's gambling after all! Enjoy the process, we like to win and we play to win, and it's nice when we win, when you lose you try again
to have the same feeling when you win again. In many ways that build your character!

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Quote from: doctor877 on March 26, 2020, 02:23:24 PM

The process is very important, that's what will determine if the outcome will be good or not. So if you do a good process, a good outcome should follow otherwise it will lead to frustration. That's why both are very important. People keep trying lotteries because they believe they will win. Even if they lose they will still play.

The problem is that there is no process in gambling. No matter what you do, you will never know whether you will win or lose. In games like gambling where luck matters most, the process has zero value. All the value is about the outcome and if the outcome is a Win, then you are happy and good to go.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Oilacris on March 19, 2020, 03:25:25 PM

I dont know if that thing exist where the process would give out some hints or glimpse of the outcome which is totally impossible here on a gambling world.

Such things dont exist. It was a joke.

Quote

Process is on when you do things along the way while expecting for the result which is random even if there are games which you do believe that you do have high chances of winning doesnt really give out guarantees and on other sense which you should enjoy gambling rather stressing out yourself
on what would be the result.

EV+ games outcomes are to be predicted. But having fun is important because that is what makes gambling fun. It will be a loss anyway so it is better to accept it that way and and not think about the outcome. If you are gambling to make money, well play something like poker and sports betting and not dice games. But it is tough and not everyone's cup of tea.

doctor877

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The process is very important, that's what will determine if the outcome will be good or not. So if you do a good process, a good outcome should follow otherwise it will lead to frustration. That's why both are very important. People keep trying lotteries because they believe they will win. Even if they lose they will still play.

Topic: Gambling: process vs outcome (Read 2344 times)