GAMBLING: Skill-based vs. Chance-based - page 21.

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Quote from: figmentofmyass on May 14, 2020, 06:07:49 PM

if single-deck gives card counters no edge, why did casinos switch to multi-deck? why do single-deck games pay with worse odds?

As you say, the fewer decks that are used, the smaller the house edge.

To put some numbers on it, assuming the dealer is standing on 17 or higher but hitting on soft 17, then the house edge is as follows:

One deck - 0.16%
Two decks - 0.46%
Four decks - 0.60%
Eight decks - 0.66%

If the dealer stands on a soft 17, then you need to take about 0.2% off of all those numbers, meaning a 1 deck game ends up with a negative house edge, giving the player a slight advantage.

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Quote from: Bezobraznike on May 14, 2020, 12:29:30 PM

Quote from: aioc on May 14, 2020, 09:23:12 AM

Chanced based games gives me a lot of excitement for some reason because you are against a system you know that there is a house edge but you prefer to continue to see if luck is in your side at this time, skill-based is also good, but if you are playing with players who knows how to read your face and reaction and you do not know how to interpret your opponents moves you are in trouble.

I like to bet on sports, but the games I like to bet on are canceled! This pandemic turned me to chance-based
games, and I agree with you Aioc, there's a lot of excitement while I play this games. Even I bet with minimal bets
and I don't win a lot, nor I lose much, I enjoy playing crash game and dice game!
When sports events start again I will go back to sports betting, but for sure I will play chance-based games
when I have time and money to spare!

Be very careful since you are enjoying this kind of luck based games one mistake can lead you to bust a lots of money. The chance is always there especially when you've get excited and unable to control your emotions. Keep in mind that separating your emotions will help you to avoid losing
a lots of money.

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Quote from: Casdinyard on May 14, 2020, 12:17:50 PM

Quote from: Darker45 on May 14, 2020, 07:32:30 AM

~snip~

I play poker more often, basically it is a skill-based game but I do love also the fortune games like dice. Admit it, you are not always on top of your game when playing skill based games, there are days that it seems to be tiring but you don't have any thing to do with so you'll just gamble but it tends to be a losing day really that's why I play chances game sometimes, to be honest it is more entertaining and fun than skill based games. Nothings serious, just pure fun.

Yeah, that also depends on the mood. Sometimes it's fun using some brain cells making strategies and bluffing; sometimes it's fun just clicking on the roll button without a single strategy. LOL!

Quote from: MFahad on May 14, 2020, 12:34:14 PM

Quote from: Darker45 on May 14, 2020, 07:32:30 AM

~snip~

Many people think that gambling based games are luck based only which is wrong sometimes. If you are an old gambler, you know when to stop, when to play, how to control over the emotions , not to become addicted etc. These things should be counted under the skills of gambling and if you have these skills your chances of wining in gambling are bright.

There's always a certain degree of luck, I guess.

However, what you're referring to are not skills pertaining to the gambling games themselves. They're like life skills, something like that. They matter a lot, yes, but I don't know how they would specifically make you win in a game.

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I choose skill-based because I often play card games such as poker,

I prefer to go up against another person as my opponent than to gamble against the house, it gives me more chance to win since playing against the house won't really bring you any winning.

Quote from: Alucard1 on May 14, 2020, 04:16:47 AM

But if you are only a beginner, I think the chance-baded gsmbling would be duitable for you, but do not stick only on that, you should improve yourself, acquire skills and knowledge through experience so you will be able to play skill baesed gambling soon.

Indeed, aside from its rules is easy to understand, it is easy to play for beginners. And we have this so-called beginner's luck that really happens most of the time to beginners.

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Quote from: Alucard1 on May 14, 2020, 04:16:47 AM

There are two types of gambling for me, the skill-based and the chance-based.

For honest, i consider this as a little naive theory. It's doesn't matter how good you at gambling and how good is your skill, when everything will finally resolve with some probability. For example, you have "AA" hand in poker, monster hand, you have strategy, knowledge about poker rules and so on, and your opponent have "77" on his hand. You both going all in, and finnaly. after river opponent 've got set of "777" while you still with "AA". That's all folks, like in cartoon Grin

(for you of course)

Also, some games unsuitable for any kind of "skill". Dice or roulette for example.

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Quote from: KTChampions on May 14, 2020, 03:51:21 PM

Quote from: figmentofmyass on May 14, 2020, 03:33:29 PM

for card counters it definitely is, especially when it comes to single-deck blackjack. with a house edge around just 0.15%, it's beatable if you know the game well and can ride out variance.

i would never gamble on chance-based games. i love poker, and i'm all about playing in games where i have an edge.

Does a single-deck blackjack exist somewhere? As far as I know, 4 to 8 decks are usually used.

there are obviously way less single-deck games now than there used to be. you can still find several casinos in vegas (and elsewhere) offering them though, just not on the strip.

i'm not too familiar with the online casino scene these days, but i know playtech, microgaming, and rival gaming software all include single-deck variants. it's just a matter of whether specific casino skins offer them. my understanding is that when you find single-deck games, the odds are usually switched from the classic 3:2 to 6:5 to offset the easier games.

Quote from: KTChampions on May 14, 2020, 03:51:21 PM

Even if you somewhere find a place where they play one deck, then mixing is done when about 30% of the deck is used, so there is no way to make calculations and get an advantage due to this.

i disagree. face up cards = dead cards which cannot be dealt from the deck again.

if single-deck gives card counters no edge, why did casinos switch to multi-deck? why do single-deck games pay with worse odds?

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Quote from: Alucard1 on May 14, 2020, 04:16:47 AM

As we are now under community quarantine because of this pandemic virus, we tend to play online games to lessen the boredom we feel at our home, so I wanna know your preference on choosing what gamble to play.

There are two types of gambling for me, the skill-based and the chance-based.
1. Skill-based - these are gambling that requires our skills and techniques for us to win, such as playing poker, betting on races, and playing blackjack but the odds of winning are still different for people and it is always in favor of the owner of the gambling.
2. Chance-based - these are gambling that you will only wait for the result, you don't need to do something or to think so deep for you to win because all of you have an equal chance of winning such as roulette, lottery, and other gaming machine.

For me, I will choose the skill-based gambling because I am not hoping for the luck of life, I want to make action to make my life great. It still better to to think logically and analytically at any time.

But if you are only a beginner, I think the chance-baded gsmbling would be duitable for you, but do not stick only on that, you should improve yourself, acquire skills and knowledge through experience so you will be able to play skill baesed gambling soon.

I agree with you I think on the long term chance based games, as you say, are losing games, so the only way to make gains if you want to play all your lifetime on earth is to play skill-based games and above all to become better than your opponents.

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No need to choose up because i do both on this time of quarantine yet ive been playing poker which is really a skill-based on but when i do get bored then i do easily switch up to dice or crash game

which would entirely depend on my mood.It doesnt matter which one you would play as long you do enjoy the game and doesnt really spend up too much in times of this covid crisis.

If you do target out to be having the edge when you are good at it then skill-based would be preferable but we know that there were really some unique luck based ones are really very enjoyable to play.

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Quote from: figmentofmyass on May 14, 2020, 03:33:29 PM

Quote from: DarkDays on May 14, 2020, 05:42:55 AM

I don't think Blackjack is a skill-based game.

for card counters it definitely is, especially when it comes to single-deck blackjack. with a house edge around just 0.15%, it's beatable if you know the game well and can ride out variance.

i would never gamble on chance-based games. i love poker, and i'm all about playing in games where i have an edge.

Does a single-deck blackjack exist somewhere? As far as I know, 4 to 8 decks are usually used. Even if you somewhere find a place where they play one deck, then mixing is done when about 30% of the deck is used, so there is no way to make calculations and get an advantage due to this.

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Quote from: figmentofmyass on May 14, 2020, 03:33:29 PM

Quote from: DarkDays on May 14, 2020, 05:42:55 AM

I don't think Blackjack is a skill-based game.

for card counters it definitely is, especially when it comes to single-deck blackjack. with a house edge around just 0.15%, it's beatable if you know the game well and can ride out variance.

i would never gamble on chance-based games. i love poker, and i'm all about playing in games where i have an edge.

I don't think any casino uses a single deck to play blackjack! Though counting number is considered illegal. If you get caught, oh boy you are dead. They take you to the back room. Beat you up and take all your money.
Lol kidding. I have a friend who used to be a dealer. They used six decks on their casino. They all are taught how to identify those who count cards. If you get caught, they just tell you to leave and all you winnings are forfeited. Don't worry. They won't beat you lol.

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Quote from: DarkDays on May 14, 2020, 05:42:55 AM

I don't think Blackjack is a skill-based game.

for card counters it definitely is, especially when it comes to single-deck blackjack. with a house edge around just 0.15%, it's beatable if you know the game well and can ride out variance.

i would never gamble on chance-based games. i love poker, and i'm all about playing in games where i have an edge.

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Quote from: Alucard1 on May 14, 2020, 04:16:47 AM

As we are now under community quarantine because of this pandemic virus, we tend to play online games to lessen the boredom we feel at our home, so I wanna know your preference on choosing what gamble to play.

There are two types of gambling for me, the skill-based and the chance-based.
1. Skill-based - these are gambling that requires our skills and techniques for us to win, such as playing poker, betting on races, and playing blackjack but the odds of winning are still different for people and it is always in favor of the owner of the gambling.
2. Chance-based - these are gambling that you will only wait for the result, you don't need to do something or to think so deep for you to win because all of you have an equal chance of winning such as roulette, lottery, and other gaming machine.

For me, I will choose the skill-based gambling because I am not hoping for the luck of life, I want to make action to make my life great. It still better to to think logically and analytically at any time.

But if you are only a beginner, I think the chance-baded gsmbling would be duitable for you, but do not stick only on that, you should improve yourself, acquire skills and knowledge through experience so you will be able to play skill baesed gambling soon.

Even for skill based gambling, we need luck as well because if we don't get the better cards on poker you will lose the game no matter how much skills you have. I only choose luck based gambling to be honest because skill based games are more addictive comparatively to luck based and also it only take few minutes but to play cards it will be longer time frame.

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Quote from: 20kevin20 on May 14, 2020, 06:57:14 AM

So is "skill-based" really a thing? Anything gambling-related has an element of luck in it, it's not like cooking where you master it the more you cook - you may get better at it, but with gambling there's still some luck you also have to depend on.

That's why skills should be applied to have that luck comes to you. I can't call it "there should be luck we also have to depend on" on skill-based games.

For example in poker, I have a bad set of cards, definitely unlucky. But with the skills I have, I can turn the table based on my decision and good strategy. Another good example is Chinese poker, even the dealer does have, for let's say a flush at the bottom and a straight at the middle, I can still beat that. Luck really matters but not a thing you have to depend on in terms of skill-based gambling.

Another good example in MOBA games, teams are lucky if they were able to control the game for at least 60% to 70% in early phase. But not just they literally rely on luck but they are just good in their execution and plays.

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Quote from: Alucard1 on May 14, 2020, 04:16:47 AM

As we are now under community quarantine because of this pandemic virus, we tend to play online games to lessen the boredom we feel at our home, so I wanna know your preference on choosing what gamble to play.

There are two types of gambling for me, the skill-based and the chance-based.
1. Skill-based - these are gambling that requires our skills and techniques for us to win, such as playing poker, betting on races, and playing blackjack but the odds of winning are still different for people and it is always in favor of the owner of the gambling.
2. Chance-based - these are gambling that you will only wait for the result, you don't need to do something or to think so deep for you to win because all of you have an equal chance of winning such as roulette, lottery, and other gaming machine.

For me, I will choose the skill-based gambling because I am not hoping for the luck of life, I want to make action to make my life great. It still better to to think logically and analytically at any time.

But if you are only a beginner, I think the chance-baded gsmbling would be duitable for you, but do not stick only on that, you should improve yourself, acquire skills and knowledge through experience so you will be able to play skill baesed gambling soon.

No matter how much you say "skill based" games depends on luck, in the end, luck is what that matters. No matter how much skilled you are, you still might get crushed by a "lucky" user anytime. Think about poker. You played you games analytically. According to your analysis, say the chance of the opponent to get a better hand than you is like 0.1% (assuming those numbers). You might think that you won the game and go all in according to your analysis, but if you are unlucky, the opponent might win it.

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Quote from: el kaka22 on May 14, 2020, 01:32:39 PM

Depends on my preferences on a particular day, sometimes I want to socialize a bit more, I would want to just chat with people, talk with them, play against them and all around I want to play skill based because I feel like I want to "play" it basically. But, when I just want to spend some time without thinking much and just want to waste the time, I play the chance based. Just open a dice game, spend 3-4 hours on it, and go to sleep.

Basically for me dice gaming is just something I do when I should be sleeping but I can't and so I am spending some time there until I get more sleepy. Thankfully I have some self control and I have minimum amount like 50 bucks at most on a place and never deposit, so even if I get too sleepy and lose it all that's fine. These are the reasons why sometimes I want to play one sometimes and the other sometimes.

There are patterns to watch for a strategy in dice. They've come up with a strategy for a player to overcome bad luck. Although its not really that going to make a difference if you just keep playing while you wanna sleep but shouldn't you be just doing Autobet for maybe luck can give you more?

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Depends on my preferences on a particular day, sometimes I want to socialize a bit more, I would want to just chat with people, talk with them, play against them and all around I want to play skill based because I feel like I want to "play" it basically. But, when I just want to spend some time without thinking much and just want to waste the time, I play the chance based. Just open a dice game, spend 3-4 hours on it, and go to sleep.

Basically for me dice gaming is just something I do when I should be sleeping but I can't and so I am spending some time there until I get more sleepy. Thankfully I have some self control and I have minimum amount like 50 bucks at most on a place and never deposit, so even if I get too sleepy and lose it all that's fine. These are the reasons why sometimes I want to play one sometimes and the other sometimes.

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Quote from: Clark05 on May 14, 2020, 07:40:04 AM

Quote from: Sadlife on May 14, 2020, 07:03:21 AM

I also prefer skill based because gambling without strategy and only depending on luck is really boring and it takes away the fun.
Even dice games in casino's there are patterns you could see or some techniques for you to be able to win more but quite risky as well.

We really enjoy both of that because they have person who are don't have enough skills in playing gambling but they still enjoying.
Depends also to the games that you gonna play if you like than game you will enjoy is either needed a skills or base on chance only.

Not everyone can master the game as it an art to play like poker or other card games which involves lot of skill to be on top of the game which cannot be everyone’s game as well. So in Such scenarios people prefer luck based games which can help them to win or they play to enjoy their time .

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Quote from: Darker45 on May 14, 2020, 07:32:30 AM

I prefer to play skill-based games most of the time, particularly if the plan is primarily to make a little money. There are also times when I am simply bored and don't want to think much about things or perhaps just want to unwind. These are times when I just want to roll the dice.

But I want to point out that even skill-based gambling requires a whole lot of luck also. I have just recently placed several bets with very low odds, playing around 1.50, that all went lost.

Many people think that gambling based games are luck based only which is wrong sometimes. If you are an old gambler, you know when to stop, when to play, how to control over the emotions , not to become addicted etc. These things should be counted under the skills of gambling and if you have these skills your chances of wining in gambling are bright.

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Quote from: aioc on May 14, 2020, 09:23:12 AM

Chanced based games gives me a lot of excitement for some reason because you are against a system you know that there is a house edge but you prefer to continue to see if luck is in your side at this time, skill-based is also good, but if you are playing with players who knows how to read your face and reaction and you do not know how to interpret your opponents moves you are in trouble.

I like to bet on sports, but the games I like to bet on are canceled! This pandemic turned me to chance-based
games, and I agree with you Aioc, there's a lot of excitement while I play this games. Even I bet with minimal bets
and I don't win a lot, nor I lose much, I enjoy playing crash game and dice game!
When sports events start again I will go back to sports betting, but for sure I will play chance-based games
when I have time and money to spare!

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Quote from: Darker45 on May 14, 2020, 07:32:30 AM

I prefer to play skill-based games most of the time, particularly if the plan is primarily to make a little money. There are also times when I am simply bored and don't want to think much about things or perhaps just want to unwind. These are times when I just want to roll the dice.

But I want to point out that even skill-based gambling requires a whole lot of luck also. I have just recently placed several bets with very low odds, playing around 1.50, that all went lost.

I play poker more often, basically it is a skill-based game but I do love also the fortune games like dice. Admit it, you are not always on top of your game when playing skill based games, there are days that it seems to be tiring but you don't have any thing to do with so you'll just gamble but it tends to be a losing day really that's why I play chances game sometimes, to be honest it is more entertaining and fun than skill based games. Nothings serious, just pure fun.

Topic: GAMBLING: Skill-based vs. Chance-based - page 21. (Read 2408 times)