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Topic: GAMBLING: Skill-based vs. Chance-based - page 19. (Read 2408 times)

legendary
Activity: 1974
Merit: 1150
Whatever type of gambling I think there is still an element of luck in it. But gambling that is played with skills will have a different feeling compared to gambling that only relies on luck. Regardless of which is good, it depends on the habits of the players and I prefer to bet without skills such as dice, yes even though its a bit boring but I enjoy it.

legendary
Activity: 1652
Merit: 1483
that's one reason to avoid oversized preflop all-ins, especially multi-way. too much chance, too much gambling. even AA will lose almost 1 out 4 times to mid suited connectors. a more marginal hand like AK suited will lose against any random hand 1 out of 3 times. i like to get my chips in after the flop, when the odds are more clearly in my favor.
I think the chance for AA to lose to any another pair is something like 1 out of 3 (i don't count exact probability, but from game theory it's looks like that)

here are some examples of preflop odds:







so AA is in a very dominant position---winning ~4 out of 5 hands---when the opponent is isolated. multi-way pots are much more of a gamble. AA in a family pot preflop won't even win a majority of the time so it's important to raise preflop. a lot of people slow play AA preflop and then end up in bad positions postflop.

the element of chance is crucial though---if there was no chance involved then donkeys wouldn't play poker because they would never win. this means we need to ride out the statistical variance and play statistically smart poker. in the long run, it's profitable.
Maybe, but even one game can be lost due to shit luck. So this can;t be considered only as skill game. Skill games it's chess or Go. Any gambling it;s more about gambling than skill. My opinion.

i would reverse it---it's a skill game with elements of chance. especially when you consider things like hand reading abilities. sports betting with good odds is never a sure thing either, but like poker, with a statistical edge, the game can be beaten over time.

you're right that the better player will not win 100% of the time, but over time as variance is played through, they will win much more often than worse players.
hero member
Activity: 2800
Merit: 595
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Yes. Sports betting still needs to analyze the skills of the fighter or the athlete. You look at his strengths and weaknesses and if matched to a semi midget vs your big fighter you'll bet big for him.

Skill based is very much preferable because you have a total control of your games, but when it comes to excitement chance based games has a lot of excitement, this is based on my experienced and my opinion facing a good poker players will make you think of your chances, compared to when you are playing a dice game where every roll is a different story and excitement to you.

You will feel confident when your cards are at least straight or fullhouse but if not then its going to depend on bluffing alone and this is where your skills are going to be more useful. You will think of your chances because poker game is where you will bet to double the amount which the pot will really huge.
legendary
Activity: 3514
Merit: 1280
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But how do you consider sportsbetting in one of these? A skill-based game or a chance game? Coz me personally I think of it on different aspect, when it comes to the player that is playing on field or on the sport it is skill-based game for them, at gambler's end it is a chance game even you have searched a lot of the player's stats you can always win or lose. I also tried sportsbetting on boxing and it didn't end well for me tough I bet on high stat player.

You make a valid point

The fact of life is that different people with different levels of expertise in the same domain look at the same thing quite differently. For an experienced gambler who knows how to take advantage of randomness, the outcome in the games of chance like dice may no longer be a matter of pure luck as it is for the rest of the pack. It can be generalized further in the sense something will be a skill-based game for masters and experts at it, while for laymen and novices it will be more like Russian roulette in reverse, i.e. with only one empty chamber in the revolver
hero member
Activity: 2184
Merit: 891
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I just focused on sportsbetting since I'm knowledgeable when it comes to sports.

Same here, not only I am knowledgeable, I also love to watch games so I am enjoying while I am betting. This kind of betting is really challenging for me and I am okay of getting challenge because I believe I have a decent chance of winning though I'm still far away of being consistent in making profit.
But how do you consider sportsbetting in one of these? A skill-based game or a chance game? Coz me personally I think of it on different aspect, when it comes to the player that is playing on field or on the sport it is skill-based game for them, at gambler's end it is a chance game even you have searched a lot of the player's stats you can always win or lose. I also tried sportsbetting on boxing and it didn't end well for me tough I bet on high stat player.
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
To my opinion the only type of gambling where you can use some skills and knowledge is sport betting. You can be a big fun and really follow some sport or team and that might really help you with betting but on the other hand it isn't guarantee for profit, surprises are always possible.
Unfortunately, in the pandemic time all sport events were cancelled and that was really bad for all of us.
In every other types of gambling you mainly depend on luck.

I don't agree with it, though I like sports betting but I don't think it's the only type of gambling where you can use your skills and knowledge to win.
There are a lot of skilled based games, but only few are popular and of course that includes sports betting and maybe we can also consider poker since it's very popular now and people are betting big time because they believe on their skills.

Yeah, man. You can see some replies by an experienced, knowledgeable members here about Blackjack stuff few post ahead than this or you can jump up to first page and scan several replies all the way down. And later decide if skillbased were still for sportsbetting alone.

I also prefer gambling skill based compared to gambling chance based, because it generates profits with gambling skill based
more easier. By mastering gambling skills based we can determine our victory, the higher our abilities, the higher our chances
to win. While gambling chance based like roulette and lottery does not require skills, but we depend on luck to win.

I prefer skill based betting as well, sports betting in particular. But it ain't easy to generate profit, as you say it so. Sometimes, there were scenario that go in a way you thought it wouldn't that results to losing particular amount of money. One bad thing in addition to skill based game is that, you'll go bet that exceeds your average 'cause you tend to be certain, and will just lose it for the event you didn't expect to happen. Perhaps luck sometimes reside with your winning. But whatever, you can just determine the probabilty of winning but you can't determine the exact result.
full member
Activity: 1190
Merit: 117
I also prefer gambling skill based compared to gambling chance based, because it generates profits with gambling skill based
more easier. By mastering gambling skills based we can determine our victory, the higher our abilities, the higher our chances
to win. While gambling chance based like roulette and lottery does not require skills, but we depend on luck to win.
legendary
Activity: 2450
Merit: 1047
Skill based is very much preferable because you have a total control of your games, but when it comes to excitement chance based games has a lot of excitement, this is based on my experienced and my opinion facing a good poker players will make you think of your chances, compared to when you are playing a dice game where every roll is a different story and excitement to you.
hero member
Activity: 2716
Merit: 904
To my opinion the only type of gambling where you can use some skills and knowledge is sport betting. You can be a big fun and really follow some sport or team and that might really help you with betting but on the other hand it isn't guarantee for profit, surprises are always possible.
Unfortunately, in the pandemic time all sport events were cancelled and that was really bad for all of us.
In every other types of gambling you mainly depend on luck.

I don't agree with it, though I like sports betting but I don't think it's the only type of gambling where you can use your skills and knowledge to win.
There are a lot of skilled based games, but only few are popular and of course that includes sports betting and maybe we can also consider poker since it's very popular now and people are betting big time because they believe on their skills.
legendary
Activity: 2912
Merit: 1068
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To my opinion the only type of gambling where you can use some skills and knowledge is sport betting. You can be a big fun and really follow some sport or team and that might really help you with betting but on the other hand it isn't guarantee for profit, surprises are always possible.
Unfortunately, in the pandemic time all sport events were cancelled and that was really bad for all of us.
In every other types of gambling you mainly depend on luck.
legendary
Activity: 3248
Merit: 1160
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I just focused on sportsbetting since I'm knowledgeable when it comes to sports.

Same here, not only I am knowledgeable, I also love to watch games so I am enjoying while I am betting. This kind of betting is really challenging for me and I am okay of getting challenge because I believe I have a decent chance of winning though I'm still far away of being consistent in making profit.

I think most of the gamblers who are thinking of gambling a skilled based games are doing sports betting.
So with the measures the government has impose which is to stop the sports, it's really a big loss to the sports betting industry, since they are making billions of dollars from the gamblers, and this time also looks like a blessing in disguise since gamblers are not anymore spending on sports betting.
legendary
Activity: 3080
Merit: 1292
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I just focused on sportsbetting since I'm knowledgeable when it comes to sports.

Same here, not only I am knowledgeable, I also love to watch games so I am enjoying while I am betting. This kind of betting is really challenging for me and I am okay of getting challenge because I believe I have a decent chance of winning though I'm still far away of being consistent in making profit.
full member
Activity: 1232
Merit: 186
And in addition if you are not that good on a specific game you will be fish there and be the target of all of the veteran player there. Just like poker, usually if you are not good and enter the table you will instantly became the target there. Based on my personal experience dumb player on poker is the easiest way to have a money in gambling, they are easy to predict and read and usually their bet decision is based on their emotion so they can be easily beat.
I'm guilty of this to be honest lol. I love playing Texas Holdem poker, Tong Its (a card game here in our country) and Pusoy (Chinese poker) only within the circle of my friends because I somehow memorized the way they play. But when it comes to unknown opponents, I get choked always Grin. That's why I never set playing online as my career, I already admitted to myself that I cannot have a good future in there. I just focused on sportsbetting since I'm knowledgeable when it comes to sports.
legendary
Activity: 2492
Merit: 1145
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Skill-based is kinda difficult for me, especially I am a busy person since if you want to dominate in Skill-based games, you really should need a lot of time to practice and play more to become a skilled player.
I'll go with chance-based gambling since all the players are the same, even how much your fund is or skill is, the chance will still decide.

Seems i have to agree with you on this one bro. Skill-based games really needed a ton of time for us to excel on that field.

As i observed though that whether you are into skill based or chance-based, if you don't do it moderately you will end up broke  Smiley.
And in addition if you are not that good on a specific game you will be fish there and be the target of all of the veteran player there. Just like poker, usually if you are not good and enter the table you will instantly became the target there. Based on my personal experience dumb player on poker is the easiest way to have a money in gambling, they are easy to predict and read and usually their bet decision is based on their emotion so they can be easily beat.
That's right, Let's use the given game which is poker, Being shuffled and having a veteran player enemy in poker isn't new because poker games are based on the stakes you are playing with. There would be a chance that you want to play higher stakes it means your enemy would be a veteran player. Having a good skill can make you win and survive the game and luck is one part of it. But overall it would depend on you on how you will maneuver your skills on enemies like that. 

Practicing to improve your skills is a pretty normal happening in the gambling community, There are players who sharpen their skill by gathering their own experience and there are also gamblers who are relying on past experience of others and applying it to their game.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
Skill-based is kinda difficult for me, especially I am a busy person since if you want to dominate in Skill-based games, you really should need a lot of time to practice and play more to become a skilled player.
I'll go with chance-based gambling since all the players are the same, even how much your fund is or skill is, the chance will still decide.

Seems i have to agree with you on this one bro. Skill-based games really needed a ton of time for us to excel on that field.

As i observed though that whether you are into skill based or chance-based, if you don't do it moderately you will end up broke  Smiley.
And in addition if you are not that good on a specific game you will be fish there and be the target of all of the veteran player there. Just like poker, usually if you are not good and enter the table you will instantly became the target there. Based on my personal experience dumb player on poker is the easiest way to have a money in gambling, they are easy to predict and read and usually their bet decision is based on their emotion so they can be easily beat.
hero member
Activity: 2072
Merit: 542
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Skill-based is kinda difficult for me, especially I am a busy person since if you want to dominate in Skill-based games, you really should need a lot of time to practice and play more to become a skilled player.
I'll go with chance-based gambling since all the players are the same, even how much your fund is or skill is, the chance will still decide.

Seems i have to agree with you on this one bro. Skill-based games really needed a ton of time for us to excel on that field.

As i observed though that whether you are into skill based or chance-based, if you don't do it moderately you will end up broke  Smiley.
legendary
Activity: 2436
Merit: 1849
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Any gambling it;s more about gambling than skill. My opinion.


Luck, you mean?

Yep, already corrected  Grin

Actually it's hard to say if it's about luck or skills because that depends on the person gambling.
There are even some gamblers who believe that a lucked based game like dice or roulette, they can find a strategy to win consistently, but actually they are wrong, they are just being unrealistic so they think it's possible.

Chance based or skilled based, it's still not easy to win in gambling because in reality people are even losing more in skilled based games as they are more aggressive in terms of betting because they think they had some good chance.


As i said before, in some situations it's doesnt matter how good your skill or how do you play. Only a chance and luck will decide. Unlike chess, where only your skill is put on the edge of game result.
hero member
Activity: 2716
Merit: 904
Any gambling it;s more about gambling than skill. My opinion.


Luck, you mean?

Actually it's hard to say if it's about luck or skills because that depends on the person gambling.
There are even some gamblers who believe that a lucked based game like dice or roulette, they can find a strategy to win consistently, but actually they are wrong, they are just being unrealistic so they think it's possible.

Chance based or skilled based, it's still not easy to win in gambling because in reality people are even losing more in skilled based games as they are more aggressive in terms of betting because they think they had some good chance.
legendary
Activity: 2436
Merit: 1849
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that's one reason to avoid oversized preflop all-ins, especially multi-way. too much chance, too much gambling. even AA will lose almost 1 out 4 times to mid suited connectors. a more marginal hand like AK suited will lose against any random hand 1 out of 3 times. i like to get my chips in after the flop, when the odds are more clearly in my favor.

I think the chance for AA to lose to any another pair is something like 1 out of 3 (i don't count exact probability, but from game theory it's looks like that)

the element of chance is crucial though---if there was no chance involved then donkeys wouldn't play poker because they would never win. this means we need to ride out the statistical variance and play statistically smart poker. in the long run, it's profitable.

Maybe, but even one game can be lost due to shit luck. So this can;t be considered only as skill game. Skill games it's chess or Go. Any gambling it;s more about gambling than skill. My opinion.

legendary
Activity: 3248
Merit: 1179
Whenever I see headlines with VS here on forum I wish to make contra and ask "why not both"? Why is the problem to try both and to have fun with both? It's not the same when you play lucky based games and skill based games, two subgroups of gambling! Why not go further, subgroups of subgroups... it's not the same when you play dices, crash, slots, or any other lucky based game! Each of these games is different, and if you take skill based gambling and compare poker, black jack, sports betting (and maybe some other game I can't think of right now) you will have the same thing, these games are different!
Here there's no VS, there's the enjoyment you get from playing some game! Some are attracted to lucky others to skill based gambling games, and you will have people like me who like to gamble and we like many gambling games. Bottom line, find the game you like and play it, it's not matter is it lucky or skill, what's matter is that you enjoy playing it!
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