GAMBLING: Skill-based vs. Chance-based - page 11.

poldanmig

sr. member

Activity: 1372

Merit: 275

Quote from: btc78 on September 24, 2021, 01:21:16 AM

either skilled based or chance based still both needs luck to win contentedly , we knew that skills can be adopted and applied in gambling(in some games of course)

i mostly playing in luck based gambling now like dice , roulette and slot machine since i limit my gambling activities nowadays and will only played with small amount and short time just to enjoy my games.

Skill is also an important part of gambling, in fact Without skills in gambling it will be very difficult to get a win like in a poker game, I think with expertise it can certainly produce consistent wins, but in my opinion skill does not apply at all games, like dice games, slots and also some games that are indeed more based on an opportunity, slot and dice games basically only multiply opportunities and of course luck will greatly affect us in these games.

KTChampions

legendary

Activity: 2478

Merit: 1951

Leading Crypto Sports Betting & Casino Platform

Quote from: bitgov on September 24, 2021, 02:47:37 AM

Quote from: KTChampions on September 23, 2021, 08:28:21 AM

For relaxation, I prefer games of chance. Games that require skill have a significant drawback - it is very difficult to relax while playing them. The more money at stake, the higher the likelihood that you are playing with the most skilled opponent who treats this activity as making money, I do not want such stress when I need to rest.

For me they both are same way of climbing the same mountain i.e. losing the money (atleast for me). The irony of chance based game is that once you start you never stop unless you have nothing left in pocket. You start game for relaxation but you get anxiety n stress as you proceed.
These are just my two cents.

Same for me. I understand perfectly well that in 99.99% of games I will end up in the red, but that's okay. But when I lose dice I am calm because I understand the mathematical basis of the process, and when I lose to a live opponent I feel stress because it turns into something personal Cheesy

And I'm glad I don't have a problem to stop on time. I do not have such situations when I exceed the limit and remain without money.

Betwrong

legendary

Activity: 3374

Merit: 2198

I stand with Ukraine.

Quote from: Silberman on September 22, 2021, 11:00:05 AM

Quote from: aioc on September 22, 2021, 01:01:53 AM

~

While it is true that newbies can experiment good luck during their first few sessions at the same time you are right on the sense that no one can really know when this is going to happen, after all that is what luck is about, it is completely unpredictable, however it is also known that there are discrepancies on the short term when it comes to the actual results you get versus the probabilities to win, however if the person keeps gambling then it becomes inevitable that the probabilities and your actual results eventually match each other.

Just to make it more clear to others: there is a possibility that newbies will experience good luck, but with the same probability they can experience bad luck as well. I hope you meant what I wrote, and you didn't mean to say that that nonsense regarding "newbies luck" has anything to do with reality.

Quote from: imstillthebest on September 22, 2021, 11:04:39 AM

~
there is what we called beginners luck and you believe on that didnt you ? obviously .
i think your right with it because before when im new to gambling , i can win easily but later on i notice that winning is now getting harder . sometimes i think that the early wins are a bait for us to continue playing but some people will not try again after they win because they are scared to loose it . thats the mindset if your not a true gambler .

If it's a bait, then who exactly is doing this? Who makes newbies win? The house? In what manner?

The truth is that such methods are only practised by scammers. It's not like it's an inherent part of any casino.

bitgov

sr. member

Activity: 1554

Merit: 260

Quote from: KTChampions on September 23, 2021, 08:28:21 AM

Quote from: Sled on September 23, 2021, 01:20:16 AM

We can't just rely only on lucks when it comes to card games but also it requires knowledge and skills as well. Maybe if we are in the lottery, that really it only needs luck in order to win but the rest will need both.
As a gambler, I choose those games that I already know, this was the advantage we have and our chances of winning are a little bit high than those who have less/nothing.

For relaxation, I prefer games of chance. Games that require skill have a significant drawback - it is very difficult to relax while playing them. The more money at stake, the higher the likelihood that you are playing with the most skilled opponent who treats this activity as making money, I do not want such stress when I need to rest.

For me they both are same way of climbing the same mountain i.e. losing the money (atleast for me). The irony of chance based game is that once you start you never stop unless you have nothing left in pocket. You start game for relaxation but you get anxiety n stress as you proceed.
These are just my two cents.

btc78

full member

Activity: 2520

Merit: 214

Eloncoin.org - Mars, here we come!

either skilled based or chance based still both needs luck to win contentedly , we knew that skills can be adopted and applied in gambling(in some games of course)

i mostly playing in luck based gambling now like dice , roulette and slot machine since i limit my gambling activities nowadays and will only played with small amount and short time just to enjoy my games.

ipanks

hero member

Activity: 1610

Merit: 507

Quote from: bittraffic on September 23, 2021, 12:59:54 AM

The goal is to win so even if you don't invite newbies, casinos will invest these newbies are their goal as well to multiply their customers. they will come and gamble whether skill base or chance-based casino games. Most newbies though will just go for the games like lottery and dice.

I have not played a live video poker casino actually and I'm not sure if I could trust this sort of a system. Behind what I could see from the camera is what I worry about here. It's the skills of the house that's scarier than the luck base games.

Those newbies will come to the casino without stop, especially if the casino uses a good promotion to attract people's attention to play gambling. Newbies will select the easiest gambling game to see their luck and if they win for some time, they will try the other games to check their luck.

Many gambling games you can try if you have not played live video poker casinos. I do not play on that game but I play dice or slots, which needs the luck to win.

Quote from: kawetsriyanto on September 23, 2021, 05:56:20 PM

Indeed. That's why experience is important, we can realize when to gamble and when to stop it. Sure, gambling isn't only to make money, even it is a bigger chance to lose money. A beginner probably doesn't know when he must stop it, he only thinks that one luck can recover all losses. While an experienced gambler, mostly has a limit to stop when it is likely to have a bad end. Or suddenly stop when the fund or time to play for a certain game is over already.

Unfortunately, not many beginners know when they must stop instead of playing the other games because they think they can win on the other game. That will not always be right because you still have a chance to win or lose, no matter the game. Yes, limiting the money and time will prevent the big loss, so we must remember that. It is not recommended to stop playing when the money is already gone.

Quidat

hero member

Activity: 2688

Merit: 540

DGbet.fun - Crypto Sportsbook

Quote from: crzy on September 23, 2021, 04:42:37 PM

Quote from: sikke on September 23, 2021, 04:34:04 PM

I definitely prefer skill based.

It takes a while to master but once you do you can maximise the odds of winning or at least not losing.

For example, BJ has a house edge of 0.5% if you play perfect basic strategy or even a positive EV if you know how to count cards. Compare this to American roulette which has a house edge of 5+%.

Skills based gambling are serious one, you really have to exert effort learning the strategy to win against the house or else you’ll lose same thing in the chance based games where you just click and let the system works, both are risky but still refer to the wants of every gambler, I do play chance based games and I’m lucky sometimes, its very entertaining for me.

Of course you would really be needing to be serious for you to take advantage of the game and also with having proper knowledge and experience you could really able to play well unlike
when you do just play without even trying your best or being knowledeable.Each games in the market can really be identified out whether they are skill based or luck based
and choosing which one is depending on your own taste because not all would really be just the same in regarding with their own views.

kawetsriyanto

legendary

Activity: 2226

Merit: 1086

duelbits.com

Quote from: ipanks on September 22, 2021, 11:19:25 PM

Having experience could help you to win. At least, you will know when you stop gambling and leave the games. You can control yourself from the next losses and that will only work if you always remember that gambling is not just making money but gambling can make you lose much money.

Indeed. That's why experience is important, we can realize when to gamble and when to stop it. Sure, gambling isn't only to make money, even it is a bigger chance to lose money. A beginner probably doesn't know when he must stop it, he only thinks that one luck can recover all losses. While an experienced gambler, mostly has a limit to stop when it is likely to have a bad end. Or suddenly stop when the fund or time to play for a certain game is over already.

crzy

full member

Activity: 2128

Merit: 180

Quote from: sikke on September 23, 2021, 04:34:04 PM

I definitely prefer skill based.

It takes a while to master but once you do you can maximise the odds of winning or at least not losing.

For example, BJ has a house edge of 0.5% if you play perfect basic strategy or even a positive EV if you know how to count cards. Compare this to American roulette which has a house edge of 5+%.

Skills based gambling are serious one, you really have to exert effort learning the strategy to win against the house or else you’ll lose same thing in the chance based games where you just click and let the system works, both are risky but still refer to the wants of every gambler, I do play chance based games and I’m lucky sometimes, its very entertaining for me.

sikke

sr. member

Activity: 504

Merit: 250

I definitely prefer skill based.

It takes a while to master but once you do you can maximise the odds of winning or at least not losing.

For example, BJ has a house edge of 0.5% if you play perfect basic strategy or even a positive EV if you know how to count cards. Compare this to American roulette which has a house edge of 5+%.

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: alegotardo on September 23, 2021, 08:31:00 AM

Quote from: Lucasgabd on September 23, 2021, 07:45:47 AM

Quote from: Sled on September 23, 2021, 01:20:16 AM

We can't just rely only on lucks when it comes to card games but also it requires knowledge and skills as well. Maybe if we are in the lottery, that really it only needs luck in order to win but the rest will need both.
As a gambler, I choose those games that I already know, this was the advantage we have and our chances of winning are a little bit high than those who have less/nothing.

putting all card games on the same basket would be a mistake
games like poker are way more skill based and have a luck component included but it's not the only thing, like other games that are way more based on luck

Why?
I for example only bet on sports games. Of course, I don't bet only on one team, not even on a single championship, but I don't consider it a mistake to bet only on sports games.
Likewise, I don't think it's a mistake to only bet on card games if he diversifies the bets on different games.

Anyway, the skill and preferences of each player are more important in this case.

Its our own money to use so its up to ours on how we do make out bets according to our interest and preference and theres no other people could stop that or do have the rights on doing so.
Skill based or luck based it doesnt really matter because there's always a time on where you do really feel on playing several types of games even if you are aware about the odds on profiting
or wins but still you do decide to make out some engagement.It all matters with interest and this would really differ on each person thats why decisions do differ too.

worldofcoins

sr. member

Activity: 1820

Merit: 418

Telegram: @worldofcoinss

Skills-based games are mostly PvP because a Casino with a House edge would always consider they win most of the time so it's quite hard to see skill-based games on House edge games unless the edge of playing poker against a casino is very high.

Now Chance based games are Dice and Slots.

alegotardo

legendary

Activity: 2352

Merit: 1121

☢️ alegotardo™️

Quote from: Lucasgabd on September 23, 2021, 07:45:47 AM

Quote from: Sled on September 23, 2021, 01:20:16 AM

We can't just rely only on lucks when it comes to card games but also it requires knowledge and skills as well. Maybe if we are in the lottery, that really it only needs luck in order to win but the rest will need both.
As a gambler, I choose those games that I already know, this was the advantage we have and our chances of winning are a little bit high than those who have less/nothing.

putting all card games on the same basket would be a mistake
games like poker are way more skill based and have a luck component included but it's not the only thing, like other games that are way more based on luck

Why?
I for example only bet on sports games. Of course, I don't bet only on one team, not even on a single championship, but I don't consider it a mistake to bet only on sports games.
Likewise, I don't think it's a mistake to only bet on card games if he diversifies the bets on different games.

Anyway, the skill and preferences of each player are more important in this case.

KTChampions

legendary

Activity: 2478

Merit: 1951

Leading Crypto Sports Betting & Casino Platform

Quote from: Sled on September 23, 2021, 01:20:16 AM

We can't just rely only on lucks when it comes to card games but also it requires knowledge and skills as well. Maybe if we are in the lottery, that really it only needs luck in order to win but the rest will need both.
As a gambler, I choose those games that I already know, this was the advantage we have and our chances of winning are a little bit high than those who have less/nothing.

For relaxation, I prefer games of chance. Games that require skill have a significant drawback - it is very difficult to relax while playing them. The more money at stake, the higher the likelihood that you are playing with the most skilled opponent who treats this activity as making money, I do not want such stress when I need to rest.

Lucasgabd

legendary

Activity: 2506

Merit: 1113

There's no need to be upset

Quote from: Sled on September 23, 2021, 01:20:16 AM

Quote from: Bitinity on September 22, 2021, 11:12:57 PM

Quote from: Gambit2s on September 22, 2021, 07:08:37 PM

How's blackjack considered "Skill based" ? are you referring to cards counting or

Blackjack is purely based on luck all the methodes and techniques you may have seen online are complete BS,They are at the same level as the various "strategies" people use when playing the 50/50 dice game.

At least there is skill involved in blackjack game related to the cards you get in each round of the game. You need to decide what to do with the cards dealt for you, whether you are going to hit, split, double or stand. Some gambler use skills to decide but I guess there are some other gamblers who play it with their own instinct only.

We can't just rely only on lucks when it comes to card games but also it requires knowledge and skills as well. Maybe if we are in the lottery, that really it only needs luck in order to win but the rest will need both.
As a gambler, I choose those games that I already know, this was the advantage we have and our chances of winning are a little bit high than those who have less/nothing.

putting all card games on the same basket would be a mistake
games like poker are way more skill based and have a luck component included but it's not the only thing, like other games that are way more based on luck

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: Bitinity on September 22, 2021, 11:12:57 PM

Quote from: Gambit2s on September 22, 2021, 07:08:37 PM

How's blackjack considered "Skill based" ? are you referring to cards counting or

Blackjack is purely based on luck all the methodes and techniques you may have seen online are complete BS,They are at the same level as the various "strategies" people use when playing the 50/50 dice game.

At least there is skill involved in blackjack game related to the cards you get in each round of the game. You need to decide what to do with the cards dealt for you, whether you are going to hit, split, double or stand. Some gambler use skills to decide but I guess there are some other gamblers who play it with their own instinct only.

We can't just rely only on lucks when it comes to card games but also it requires knowledge and skills as well. Maybe if we are in the lottery, that really it only needs luck in order to win but the rest will need both.
As a gambler, I choose those games that I already know, this was the advantage we have and our chances of winning are a little bit high than those who have less/nothing.

bittraffic

hero member

Activity: 3038

Merit: 617

Quote from: ipanks on September 22, 2021, 11:19:25 PM

Quote from: aioc on September 22, 2021, 01:01:53 AM

It's a myth and there's no data to back it up that if you are a newbie you will likely win, we are all in equal chances once we are in front of the dashboard, yes there's such a thing as beginner's luck, but you never know when it will strike on one beginner, it's not the rule it never the rule, I don't want to invite newbie to gamble and deposit more than they can because of his of chances as a beginner is good.

I do not want to invite newbies either because I do not think that they can control themselves. Although there is no accurate data to know how many the beginner's luck can get, that is happening out there and we do not know how many of them will get their first winning. I think that first winning is to get them back to the casino to play the other gambling games.

Quote from: imstillthebest on September 22, 2021, 11:04:39 AM

there is what we called beginners luck and you believe on that didnt you ? obviously .
i think your right with it because before when im new to gambling , i can win easily but later on i notice that winning is now getting harder . sometimes i think that the early wins are a bait for us to continue playing but some people will not try again after they win because they are scared to loose it . thats the mindset if your not a true gambler .

One person admitted that you could win easily for the first time, but it will become harder in the next game, and finally, we lose. But that does not stop us from gambling as we can feel curious why our luck does not help us win. That happens for some people in their first experience of gambling.

Quote from: kawetsriyanto on September 22, 2021, 06:17:51 PM

I know it, some beginners can have a bigger chance to win, but surely not all beginners. This cannot determine if beginners mostly have better luck, no research or data can explain it clearly. In my gambling history, I didn't think my luck was better once I was a beginner. I think there is no significant difference, what I feel is much better after I have more experience. Although winning luck-based games cannot rely on experience, having experience will be very helpful. At least, I know which one is better to choose, or a suitable game to play for me.

Yes, it is not all beginners. Luck will only select the right person to win and feel that. Having experience could help you to win. At least, you will know when you stop gambling and leave the games. You can control yourself from the next losses and that will only work if you always remember that gambling is not just making money but gambling can make you lose much money.

The goal is to win so even if you don't invite newbies, casinos will invest these newbies are their goal as well to multiply their customers. they will come and gamble whether skill base or chance-based casino games. Most newbies though will just go for the games like lottery and dice.

I have not played a live video poker casino actually and I'm not sure if I could trust this sort of a system. Behind what I could see from the camera is what I worry about here. It's the skills of the house that's scarier than the luck base games.

ipanks

hero member

Activity: 1610

Merit: 507

Quote from: aioc on September 22, 2021, 01:01:53 AM

It's a myth and there's no data to back it up that if you are a newbie you will likely win, we are all in equal chances once we are in front of the dashboard, yes there's such a thing as beginner's luck, but you never know when it will strike on one beginner, it's not the rule it never the rule, I don't want to invite newbie to gamble and deposit more than they can because of his of chances as a beginner is good.

I do not want to invite newbies either because I do not think that they can control themselves. Although there is no accurate data to know how many the beginner's luck can get, that is happening out there and we do not know how many of them will get their first winning. I think that first winning is to get them back to the casino to play the other gambling games.

Quote from: imstillthebest on September 22, 2021, 11:04:39 AM

there is what we called beginners luck and you believe on that didnt you ? obviously .
i think your right with it because before when im new to gambling , i can win easily but later on i notice that winning is now getting harder . sometimes i think that the early wins are a bait for us to continue playing but some people will not try again after they win because they are scared to loose it . thats the mindset if your not a true gambler .

One person admitted that you could win easily for the first time, but it will become harder in the next game, and finally, we lose. But that does not stop us from gambling as we can feel curious why our luck does not help us win. That happens for some people in their first experience of gambling.

Quote from: kawetsriyanto on September 22, 2021, 06:17:51 PM

I know it, some beginners can have a bigger chance to win, but surely not all beginners. This cannot determine if beginners mostly have better luck, no research or data can explain it clearly. In my gambling history, I didn't think my luck was better once I was a beginner. I think there is no significant difference, what I feel is much better after I have more experience. Although winning luck-based games cannot rely on experience, having experience will be very helpful. At least, I know which one is better to choose, or a suitable game to play for me.

Yes, it is not all beginners. Luck will only select the right person to win and feel that. Having experience could help you to win. At least, you will know when you stop gambling and leave the games. You can control yourself from the next losses and that will only work if you always remember that gambling is not just making money but gambling can make you lose much money.

Bitinity

legendary

Activity: 3066

Merit: 1312

Quote from: Gambit2s on September 22, 2021, 07:08:37 PM

How's blackjack considered "Skill based" ? are you referring to cards counting or

Blackjack is purely based on luck all the methodes and techniques you may have seen online are complete BS,They are at the same level as the various "strategies" people use when playing the 50/50 dice game.

At least there is skill involved in blackjack game related to the cards you get in each round of the game. You need to decide what to do with the cards dealt for you, whether you are going to hit, split, double or stand. Some gambler use skills to decide but I guess there are some other gamblers who play it with their own instinct only.

Gambit2s

member

Activity: 151

Merit: 18

How's blackjack considered "Skill based" ? are you referring to cards counting or

Blackjack is purely based on luck all the methodes and techniques you may have seen online are complete BS,They are at the same level as the various "strategies" people use when playing the 50/50 dice game.

Topic: GAMBLING: Skill-based vs. Chance-based - page 11. (Read 2408 times)