Gambling: process vs outcome - page 5.

ice098

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Quote from: akram143 on February 07, 2020, 09:22:46 AM

People who loves gambling has the only intention of making profits from it because there is no process involved in it all you can see the results of that draw maybe that waiting time gives adrenaline to gamblers so they love that excitement which they got from it.

But other form of gambling like sportbooks has some homework to do and can reduce the risk of losing bet amount by making the deeper analysis.

So we need to trust the process of everything, since it is more good to do that thing, we need to trust the process even it is very tiring and it can only waste our time , if we endure and make the game in a good process, we learn different strategies and tricks during the process, I think it could be very helpful indeed and it can make our outcome as good as what we expected, we need to learn in the process.

Quote from: bitcoin31 on February 07, 2020, 11:27:57 AM

I like playing lottery because the ticket is very cheap and the winning prize is very high but there is no guaranteed to be win because it's very hard to get the exact combination that possible to result. Im playing this game sometimes not always because even I did not win this but it is give me an excitement everytime I check the result only fee people see outcome in playing lottery when win.

lottery is very cheap, but the probability to win is too little too, among all the other players in your area or country it could be a less than 1% probability if you make a statistics to that, but yes it is fun also, but I am more into casinos, I can learn more there.

fortunecrypto

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Outcome and both outcomes are leading the poll with both outcomes with one point lead over the outcome I guess most people are gambling for the money and not to get entertained hard task to do that I want to be in the winning side by picking both so if I lose the game I can content myself for the entertainment I had playing the game.

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Quote from: FIFA worldcup on February 07, 2020, 06:35:09 PM

Quote from: vintages on February 06, 2020, 04:33:55 PM

It's simple, people prefer the lottery because it is simple, require less mental calculations and the wining is huge. It's just something that the want to believe requires their luck.
Many of those who even play the lottery do not regard themselves as "gamblers". So, it's more like saying that there is specialist for everyone in gambling.

So the outcome is more important in lottery. Every one wishes and want to win lottery but its a bitter truth that only a few people win in lottery and the majority of the users keep on dreaming that they could become rich only through gambling.
Also there is no one specialist in gambling but you only need luck to win a lottery or any gambling game.

I very much agree with you on that generally there's not much of a strategy in gambling or lottery, as I like to call it, it's just a numbers game and you can either get lucky or not. Depending on the games though I do feel that as much as the outcome is important, I can't completely ignore the process as sometimes you have to go through the process once or twice to realise something. So I guess whether one is more important over the other is very much dependent on the game and person playing it.

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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.

Why your sportbet avatar is animated? Huh

I thought it has been fixed by the administrators and now it wasn't possible anymore?

FIFA worldcup

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Quote from: vintages on February 06, 2020, 04:33:55 PM

It's simple, people prefer the lottery because it is simple, require less mental calculations and the wining is huge. It's just something that the want to believe requires their luck.
Many of those who even play the lottery do not regard themselves as "gamblers". So, it's more like saying that there is specialist for everyone in gambling.

So the outcome is more important in lottery. Every one wishes and want to win lottery but its a bitter truth that only a few people win in lottery and the majority of the users keep on dreaming that they could become rich only through gambling.
Also there is no one specialist in gambling but you only need luck to win a lottery or any gambling game.

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Quote from: vintages on February 06, 2020, 04:33:55 PM

... the lottery because it is simple, require less mental calculations and the wining is huge. It's just something that the want to believe requires their luck.

And vice-versa. We already have a list for them who provides easy peasy lottery, but if you ask me, I'd rather go forth on our one of the playable game and enjoy my Dice Games. It seems pretty handy among this games and anyone could win.

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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.

I like playing lottery because the ticket is very cheap and the winning prize is very high but there is no guaranteed to be win because it's very hard to get the exact combination that possible to result. Im playing this game sometimed not always because even I did not win thid but it is give me an excitement everytime I check the result only fee people see outcome in playing lottery when win.

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Quote from: Mumbeeptind1963 on February 05, 2020, 07:10:56 AM

Quote from: leowonderful on February 04, 2020, 08:49:24 PM

I'm open to both the process and the outcome of a gamble as it happens. The process ends up being exciting especially for betting, usually with esports for me, as I often watch CS:GO matches and I enjoy the process of analyzing and determining the potential winners of a match and various other details. I do suppose with other less involved gambles it's not as important as the outcome, though ultimately in gambling the outcome can be the best part.

Yes, it really depends on the game we are playing or how does the person handle his game. Some of us want to determine the process of the game carefully, for us to have the right prediction of the winners and everything, some of us is on the outcomes or the price that we can get when we won, or when lose, it is just a playing safe move for me. So I'd rather choose the process over the outcome.

For me gambling is all about process as I am a sports betting fan and I have to analyse various charts such as the last performances of the teams/players and there are several other aspects like the injury, current form and recent head to head. So whenever I am doing gambling I am very much involved as any sports betting guy would agree with me that at times we get charged up when our team is doing good.

I remember recently I made a over 2.5 goals bet on an event and there was no goals until 70-72 minutes and I was very tensed and ended up winning as the final result was closed down as 2-1 so yeah I am personally very much involved with the process rather than just the outcome.

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People who loves gambling has the only intention of making profits from it because there is no process involved in it all you can see the results of that draw maybe that waiting time gives adrenaline to gamblers so they love that excitement which they got from it.

But other form of gambling like sportbooks has some homework to do and can reduce the risk of losing bet amount by making the deeper analysis.

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Quote from: Gheka on February 06, 2020, 10:09:01 AM

Quote from: Yatsan on February 05, 2020, 11:51:05 AM

It's just simple, outcome is the only thing that matters! even in gambling or trading or any kind of this winning situation. Process is shit, nobody will care about the process, that only thing people see and, the only thing that you will experience is outcome. Process is nothing if you will just lose on the end, "I'm so close on winning, I just make one bad move!, I almost win!" Those almost shits are nothing, the only thing that is important is the outcome, if you lose you are loser, if you win you are a winner, easy as that. Outcome is the only thing that is important.

Obviously, the result is what most people expect in gambling, almost wanting a huge victory, but the result is often the opposite, that feeling is really uncomfortable for all of us, the process or any other issues surrounding gambling are not necessary to discuss because even if we prepare the elements well, if we fail, everything will not be worth reference. Typically as shared gambling strategies, it will never be more important than the results they achieve and the results that others achieve, people use results to talk to each other, instead of the process

Your point makes sense. Most gamblers talk about their winnings or losses afterwards.
They will only talk about the experience while playing if there is a notable or unforgettable situation.
That led them to winning or losing a particular game.
I, for one, tend to be on the outcome part of things.
Though I will enjoy the process part because of the adrenaline rush, yet, I am still looking forward what the results will be.

vintages

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It's simple, people prefer the lottery because it is simple, require less mental calculations and the wining is huge. It's just something that the want to believe requires their luck.
Many of those who even play the lottery do not regard themselves as "gamblers". So, it's more like saying that there is specialist for everyone in gambling.

fullhdpixel

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Quote from: hahay on February 04, 2020, 07:29:34 PM

First, I don't really like the lottery and therefore I chose Both are equally important. Gambling is about a process, because without a mature process it will not give maximum results even though we know gambling is a game of lucky, but with us doing the process more mature before, then luck is likely to be closer to us who go through a process well to get maximum results.

That is the very reason house always ends up in profit because while a gambler can and does win at times but in the long run the house holds the edge and that is basically closely related to gamblers as well. A gambler who bets on lotteries will much less likely have chances of winning rather than someone who bets on more favorable odds.

I believe when we are doing some sort of live casino or live dealer games then only we are actually involved with the process of gambling otherwise if you are betting on a dice or a roulette then you are actually waiting for the result and obviously don't care the process. Yes people might say they apply strategies and it's a process but actually you are never concerned with the process as long as they are non-live games.

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Quote from: FlightyPouch on February 05, 2020, 09:49:29 AM

Quote from: mirakal on February 04, 2020, 07:18:10 PM

Quote from: FlightyPouch on February 04, 2020, 07:04:08 PM

The process of anticipating seems so interesting to me. Winning does matter, yeah but most of the time, the pride of predicting something to be able to earn a money, bsating mathematics which is said to be low chance percentage to happen is amazing. Also, some application of mathematics is good to me as the percentage of a team winning and if terms of dices where luck plays a large role, it is really anticipating something you don't anticipate so it is more exciting.

Well, do the math for the Lottery but I would advise you that don't try wasting your time.

Every lottery offers a very slim chance of winning to the bettors, so your math skills here are useless as this game is just purely based on luck.

Well, it is true but the thrill for me is that despite that slim chance, that percentage based on Mathematics' probability I can still win. That proves that even application of Mathematics is everywhere, if there is a chance added, you can prove it wrong. I know this is stupid but for me, the way gambling refracts math is amazing.

I can barely see Mathematics in Lottery, it might be rude but using mathematics in lottery is a very stupid move, I mean the chances is not low, but very, very low, it's like finding a needle in a crowded places where there are no space anymore. Let's not give some false hope to people about this, because it is not going to work, a simple google would help you to find out that Lottery is a pure based luck game, like your chances to win is already in the negative scale.

But if you are after the fun and thrill, I guess you could ignore this fact and proceed to whatever you wanted to do with your money.

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Quote from: Yatsan on February 05, 2020, 11:51:05 AM

It's just simple, outcome is the only thing that matters! even in gambling or trading or any kind of this winning situation. Process is shit, nobody will care about the process, that only thing people see and, the only thing that you will experience is outcome. Process is nothing if you will just lose on the end, "I'm so close on winning, I just make one bad move!, I almost win!" Those almost shits are nothing, the only thing that is important is the outcome, if you lose you are loser, if you win you are a winner, easy as that. Outcome is the only thing that is important.

Obviously, the result is what most people expect in gambling, almost wanting a huge victory, but the result is often the opposite, that feeling is really uncomfortable for all of us, the process or any other issues surrounding gambling are not necessary to discuss because even if we prepare the elements well, if we fail, everything will not be worth reference. Typically as shared gambling strategies, it will never be more important than the results they achieve and the results that others achieve, people use results to talk to each other, instead of the process

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Quote from: Sebas.tian on February 03, 2020, 09:28:10 AM

Basically, from my experience, gambling process is more stressful than having the outcomes. I can still remember what happened to me back in 2015, when I started my career in poker games. I learnt those strategies and their modern before I could play with others. This literally took me months before I could gamble, so, process is more tedious than the outcomes.

Learning poker in a risk free way is still worth it, than say, learning through trial and error with your fund. It can be an alternative way to learn skill-based gambling though, but it's the risky way. It's probably can be made less risky if you gamble with what you can afford to lose in the long-term. I'd prefer learning in risk free way before try the real thing

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it is the 'Outcome' for me is what important because even what process it is,either long gaming or short gaming.

long waiting game like lottery or some raffles in which will take time or a day more before the result revealed.

or short time like Dices,slot or card games that only needs minute or hour before we knew the winners yet it is Gambling and what important is the result.so it is the Outcome is what the much needed here.

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The process & outcome both are important.
The proportion of it depends on the scenario of the play.
Honestly,
If I am betting large & I'm expecting to make some huge wins, then the outcome will be particularly important to me at the time
but for enjoying with friends in a card game with very low stakes is where the process of it is important.

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Quote from: kawetsriyanto on February 05, 2020, 06:52:31 PM

Quote from: Yatsan on February 05, 2020, 11:51:05 AM

Process is shit, nobody will care about the process, that only thing people see and, the only thing that you will experience is outcome.

However, you can get the outcome if you don't experience the process. You won't get an appropriate outcome without a good understanding of the process. So, I am not sure if someone really ignores the process and just focuses on the outcome. Basically both are important and related to one another (a good process may result in an appropriate outcome, a bad process most likely result in nothing). IMO

The process that we are talking here is very simple because this is a lottery where everyone can play easily, so there's no challenge on the process.
A gambling game where I think the process is exciting if you are really serious are those games which can we called a skilled based type of games like Sports betting and poker, why? because you need to analyze it carefully before you make a decision.

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Quote from: Yatsan on February 05, 2020, 11:51:05 AM

Process is shit, nobody will care about the process, that only thing people see and, the only thing that you will experience is outcome.

However, you can get the outcome if you don't experience the process. You won't get an appropriate outcome without a good understanding of the process. So, I am not sure if someone really ignores the process and just focuses on the outcome. Basically both are important and related to one another (a good process may result in an appropriate outcome, a bad process most likely result in nothing). IMO

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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.

Probably people likes to play lottery because it is actually a slow paced games. Who said slow paced games are bad? It gives them more time to invest their money on those lottery tickets. They don't have to hurry and buy all tickets at once. They can buy whenever they want before the lottery round ends. Moreover, it gives people excitement. Even people who buys few tickets can anticipate a win.
I don't mind if the process of a game is slow or fast. As long as its fun to play, I am going to play it.

Topic: Gambling: process vs outcome - page 5. (Read 2344 times)