Gambling: process vs outcome - page 2.

Oilacris

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Quote from: TheUltraElite on March 16, 2020, 12:11:11 AM

Quote from: DabsPoorVersion on March 04, 2020, 11:56:08 AM

Even if how long you play, you cannot skipped for the process and directly go for the outcome. Even in gambling, I personally believe that the process is important because this is where you can see and where you can get a hint of the possible outcome of your game.

If it is a game like dice you cannot know the outcome of the game obviously because that would change the house. Of course for the gambler the playing induces the rush and often that is the good reason to play.

But the procedure will never give you any hint of the outcome but if you know something other than that do let us know. I am sure everyone will be curious. Because a game of chance that can be gamed will be interesting to know and will not exist for a very long time. Grin

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.
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.

Quote from: Kurokonobasuke on March 19, 2020, 09:42:33 AM

Many new gambler are playing gambling for the outcome because they focusing on the price that they earned when they win in a gambling, instead of focusing the process. So that many new gamblers are stop rapidly in playing gambling by just simply lose in a row. For me, the only way to prolong in gambling is just focused on the process not in the outcome because if we focus the process we would now how the game works so that we enjoyed the game and not the outcomes. If we focus the process we can also produced strategies that we used on the next game.

This is where people do really have that mistake on where they do focus on the outcome and thinking up to be rich before they play.
In result? Too much expectation would really lead to frustration because gambling doesnt work like that on where you do able to get yourself
rich easily yet we know that gambling isnt really meant for that but rather just good for entertainment.

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Many new gambler are playing gambling for the outcome because they focusing on the price that they earned when they win in a gambling, instead of focusing the process. So that many new gamblers are stop rapidly in playing gambling by just simply lose in a row. For me, the only way to prolong in gambling is just focused on the process not in the outcome because if we focus the process we would now how the game works so that we enjoyed the game and not the outcomes. If we focus the process we can also produced strategies that we used on the next game.

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So anyway, I applied as a merit source :)

Quote from: DabsPoorVersion on March 04, 2020, 11:56:08 AM

Even if how long you play, you cannot skipped for the process and directly go for the outcome. Even in gambling, I personally believe that the process is important because this is where you can see and where you can get a hint of the possible outcome of your game.

If it is a game like dice you cannot know the outcome of the game obviously because that would change the house. Of course for the gambler the playing induces the rush and often that is the good reason to play.

But the procedure will never give you any hint of the outcome but if you know something other than that do let us know. I am sure everyone will be curious. Because a game of chance that can be gamed will be interesting to know and will not exist for a very long time. Grin

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Quote from: Zicadis on March 04, 2020, 02:16:35 PM

The truth is, there's going to be people on either sides of the fence, as well as people who sit on both sides at once.

Me, I'm about the process, since I only play games I actually enjoy and wager amounts that are negligible to me.

I'm not sure if you can sit on both sides of the fence at once

Though I fully understand your line of reasoning. To make things simpler, we can use the example of trading as it is very much like gambling, and still more so with cryptocurrency trading (which is in fact a subtle form of gambling). Some traders are much like gamblers, they just feel the urge to make trades and see their orders executed. I think it gives them the comforting and deeply satisfying feeling of control, or at least an illusion of it

But they are in minority, obviously. It means that most traders are in solely for the purpose of multiplying their capital, which seems to be quite straightforward and self-evident, right? However, this doesn't mean that they don't like the process, but they like it specifically because they expect to earn profits. It is essentially the same with gambling, so even if it looks on the outside that some people love both the process and the outcome, it is definitely about the outcome

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Quote from: iamsheikhadil on March 04, 2020, 04:27:02 AM

The outcome is most important to me when it comes to gambling. I don't care if am playing roulette, or dice or plinko, don't care about those fancy designs and graphics. If I win then it's good, and if I lose then bad lol. As much as the game is interesting, it's not really delicious food which I can enjoy to consume haha.

Given the fact that the process for most gamblers will always be the same so the most important thing that you have said is what the others want too. The choice of game is part of the process that the gambler has to choose so that he can know what's the best game for him/her.
Then if he's decided and chosen the game that he's very good with, the next process will be how effective the gambler is with the said game and outcome's coming next.

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Quote from: hahay on March 04, 2020, 04:22:07 PM

Being willing to wait for longer results is basically a process even though you didn't do anything at the beginning and might just make it like a quick guess and also, even though you play a casino that will get results quickly but in reality the process will always be there, because at least you will do some experiments or experiments at the beginning to then increase the number of bets etc. then it is a process as well and of course we will always expect good results from every process that is passed.

With time you get more experienced in.gambling and the process itself more and more developed. However, that doesn't necessary guarantee high performance and big results. In gambling many factors influence the final outcome and you can't always influence and control the whole process. Some gamblers wait for their whole life the big result to come but at the end that might never happen.

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Quote from: hahay on March 04, 2020, 04:22:07 PM

Being willing to wait for longer results is basically a process even though you didn't do anything at the beginning and might just make it like a quick guess and also, even though you play a casino that will get results quickly but in reality the process will always be there, because at least you will do some experiments or experiments at the beginning to then increase the number of bets etc. then it is a process as well and of course we will always expect good results from every process that is passed.

I agree, but at some point, we can't always expect good results because we've been in the gambling world for too long, that doesn't mean we are good enough already to win most of the time against the house. Process is a way on how we are going to figure out things if we don't believe on luck, because I know that most of the gamblers will say that they need to gain experience first before they could make profits on it.

Therefore, they are willing to take the risk for the long-term rally against the house, by saying that, I mean they are doing whatever it takes just to grab the moment where they could shine in gambling.

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Being willing to wait for longer results is basically a process even though you didn't do anything at the beginning and might just make it like a quick guess and also, even though you play a casino that will get results quickly but in reality the process will always be there, because at least you will do some experiments or experiments at the beginning to then increase the number of bets etc. then it is a process as well and of course we will always expect good results from every process that is passed.

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Quote from: DabsPoorVersion on March 04, 2020, 11:56:08 AM

The process is the most important,

Even if how long you play, you cannot skipped for the process and directly go for the outcome. Even in gambling, I personally believe that the process is important because this is where you can see and where you can get a hint of the possible outcome of your game.

I think OP is actually talking about whether people enjoy the actual process of gambling (e.g. the thrill), or whether they simply gamble for the outcome (e.g. the win).

The truth is, there's going to be people on either sides of the fence, as well as people who sit on both sides at once.

Me, I'm about the process, since I only play games I actually enjoy and wager amounts that are negligible to me.

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The process is the most important,

Even if how long you play, you cannot skipped for the process and directly go for the outcome. Even in gambling, I personally believe that the process is important because this is where you can see and where you can get a hint of the possible outcome of your game.

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IMO each game has its own target audience. Lotteries are popular among people who want to feel some thrill and bet on something, but at the same time don't follow any sports, don't want to go to a casino, and don't play cards. It's also good for those who want to bet very little and have a chance to win a lot. As you probably know the typical bet gives you 2-50% chance of winning, but the win is 2-3 times what you stake. A lottery lures people with a win of 1000x, but hides the odds from you, so that you may think it's 1% or 0,1%, but in reality it's something like 0,0001%... A total waste of money for those of us who can count.

davinchi

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Definitely process, it is not even close to each other neither, outcome is unimportant because I literally gamble with my money knowing that I will most probably lose all of it and still fine with it, the moment I gamble I say good bye to that money because I do not really think I will win and I do not care about winning in profit terms but more about bragging rights as well.

I mainly gamble on sportsbooks and horse racing so that takes a bit of time to check both teams and see if there is any injured or any out of form or any banned and so forth and calculate accordingly, same with horse racing and what those horses pedigree is or their previous runs and so forth to pick my favorite.

iamsheikhadil

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The outcome is most important to me when it comes to gambling. I don't care if am playing roulette, or dice or plinko, don't care about those fancy designs and graphics. If I win then it's good, and if I lose then bad lol. As much as the game is interesting, it's not really delicious food which I can enjoy to consume haha.

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Quote from: bassbity on March 04, 2020, 03:30:01 AM

Gambling requires a process of persistence and will produce good results later.

This isn't for everyone, every gambler can aim for success in gambling but the reality will still prevail that most of us will just loss regardless if we will exert more effort or we are persistence in what we are doing, this is a game where we can use our skills and not everyone has that.

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Quote from: Zeke_23 on March 04, 2020, 02:08:14 AM

It is common for gamblers to play only for the sake of winning, especially in games where only luck is being based. Even if how long you watch for the process of the gameplay, you cannot simply create a strategy that can make you win accurately. That's why gamblers focused more on the outcome rather than to take their time with the process.

Even now many gamblers with their greed after the victory occurred even though it is not good if it continues in jdui, in gambling of course we need a process to produce especially in playing we must focus in a calm atmosphere and also the strategy in the game I know this is difficult in do but if in a relaxed mind then anything can happen.

Gambling requires a process of persistence and will produce good results later.

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It is common for gamblers to play only for the sake of winning, especially in games where only luck is being based. Even if how long you watch for the process of the gameplay, you cannot simply create a strategy that can make you win accurately. That's why gamblers focused more on the outcome rather than to take their time with the process.

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Quote from: Yamifoud on March 01, 2020, 06:51:50 PM

Quote from: HatakeKakashi on March 01, 2020, 08:11:29 AM

<…>

Lottery games are purely at luck base game and I don't know how people generate some patterns on it and applied it in picking numbers to bet with.

Nope, most of the people who bet on lottery are not generating any patterns on picking numbers then they are going to bet on it, the case is they are just randomly thinking of numbers and that is what they are going to use in lottery. The results are somehow amazing because they still manage to earn even small amount of money (bigger than their bet of course), but of course the majority of them still lose everyday on it.

Here in our country, people are not all educate, that is why I conclude that they don't have anymore time to do smart stuff like thinking of a pattern or a plan, something like that.

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Quote from: kryptqnick on February 02, 2020, 12:31:14 PM

I've seen a guy asking for advice about lotteries and it got me thinking. I don't understand why people even like lotteries. You don't do much, most likely lose and have to wait for the outcome for a long time. Perhaps, people are interested in the possibility of winning, but that would mean they are not really into gambling as the process. So what is it for you, do you play only for the sake of winning or do you care about the process of playing/researching/anticipating the outcome? I think that the process is that is attractive in gambling, and while the outcome surely matters, I would not like to wait for a long while to learn it.

Roulette is a gambling game, where you will only rely on your luck, you will not be going to do anything just to wait for the result of the outcome, which is a kind of a game where it is so hard to win, those games that skills and techniques do not matter are so dull and have a low chance to win the game. It is better if the game requires skills and technique to be a winner, that game is more fun than only waiting for the outcome of the game.

One game that I know which requires skills for you to be a winner is the blackjack, where you should be observant on your opponent if you are going to take more cards or not.

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Quote from: Japinat on March 03, 2020, 10:36:08 AM

Quote from: darewaller on March 03, 2020, 10:31:49 AM

Most of the guys who don't care about process must be those who bet on dice or roulette kind of games where the result is instant and doesn't involve the gambler.

I don't think so, even when I am still actively betting on dice, I am very much interested on how this game become a provably fair, and I have made some research and at the same time tried to build a working strategy on my own, but all of them were still useless as I realize I would not win in the long run, but at least I was able to convince myself that I fully understand how the process goes.

Well, not all of the things have a process to make a good outcome so I guess it really depends on the situation. So probably they won't really care too much on the process if the game is easy and doesn't require a real strategy 'cause you'll just need to pray on the God of RNG. Wink

Just remember that process is always part of our journey so definitely, those who aren't thinking about process means they aren't really targetting a goal, maybe just wanted to play and chill.

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Quote from: Japinat on March 03, 2020, 10:36:08 AM

Quote from: darewaller on March 03, 2020, 10:31:49 AM

Most of the guys who don't care about process must be those who bet on dice or roulette kind of games where the result is instant and doesn't involve the gambler.

I don't think so, even when I am still actively betting on dice, I am very much interested on how this game become a provably fair, and I have made some research and at the same time tried to build a working strategy on my own, but all of them were still useless as I realize I would not win in the long run, but at least I was able to convince myself that I fully understand how the process goes.

Process on the sense you are making your own strategy but talking about on literal aspect then theres no such thing about process on playing dice compared if we do play in lotteries.
Its true that majority wont really matter much when it comes to process or outcome as long they do able to earn or win money then most probably they would easily switch up
no matter what kind of games they are into it wont really be that much as an issue.

Topic: Gambling: process vs outcome - page 2. (Read 2344 times)