GAMBLING: Skill-based vs. Chance-based - page 6.

Natsuu

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Quote from: xSkylarx on September 30, 2021, 11:25:14 AM

Quote from: ShowOff on September 30, 2021, 11:09:44 AM

Quote from: Russlenat on September 30, 2021, 08:02:10 AM

I guess you should try participating or gambling in a skill-based game as it brings different feelings when you are already playing, who knows, you might be one of the most successful gamblers in the world, that possibility would not happen if you will not try.

Skill based games can give a great sensation to the players compared to luck based games, I have to admit it. I think skill based games can be considered as real gambling because players don't just rely on luck, but they also have to put their skills first to win. Although I mostly bet on luck based games, but I like some skill based games.

Agree, as you can see that there are professional gamblers that at rich now and also earning big from playing gambling . Though i am not fun in the gambling but i am really amazed about this since they are really earning big, as my self i thought that gambling is all about luck but there are games that bases the skills and also with luck. I do play gambling but it is for only fun and also only those simple ones since i cant really understand those complicated card games.

When I see/hear professional gamblers in a skill based games, I always think of POKER, and though these are a skill-based game, the main skill that these players have is trickery. A skill to convince other players to believe what you are trying to make them believe. And it is pretty impressive, but generally if you think about it, its 90% luck game. Because even though you try your best to trick, the outcome is still not sure to be in your favor.

Though I myself love playing card games over other gambling games out there, as I prefer these games to be fun, exciting and challenging.

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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+%.

I'd say Poker is best if you're into Skill based gambling.
Also, there are this hand sign game where u go player vs player and select a hand from Rock, Paper, or Scissor and the best one wins, I could be totally random but if you can read the opponent correctly after a few games then it's quite skilled to win

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Quote from: ShowOff on September 30, 2021, 11:09:44 AM

Quote from: Russlenat on September 30, 2021, 08:02:10 AM

I guess you should try participating or gambling in a skill-based game as it brings different feelings when you are already playing, who knows, you might be one of the most successful gamblers in the world, that possibility would not happen if you will not try.

Skill based games can give a great sensation to the players compared to luck based games, I have to admit it. I think skill based games can be considered as real gambling because players don't just rely on luck, but they also have to put their skills first to win. Although I mostly bet on luck based games, but I like some skill based games.

Agree, as you can see that there are professional gamblers that at rich now and also earning big from playing gambling . Though i am not fun in the gambling but i am really amazed about this since they are really earning big, as my self i thought that gambling is all about luck but there are games that bases the skills and also with luck. I do play gambling but it is for only fun and also only those simple ones since i cant really understand those complicated card games.

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Quote from: Russlenat on September 30, 2021, 08:02:10 AM

I guess you should try participating or gambling in a skill-based game as it brings different feelings when you are already playing, who knows, you might be one of the most successful gamblers in the world, that possibility would not happen if you will not try.

Skill based games can give a great sensation to the players compared to luck based games, I have to admit it. I think skill based games can be considered as real gambling because players don't just rely on luck, but they also have to put their skills first to win. Although I mostly bet on luck based games, but I like some skill based games.

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Quote from: dupee419 on September 30, 2021, 03:51:10 AM

While demo version of games may seem like just a 'trial version', but for skill-based games, it actually hones your skills literally, so you can't belittle those demo versions, of course, there is no thrill considering you don't have anything in stake or at risk when playing demo versions, and you also gain knowledge at it while risking nothing, although, demo versions tend to give you much more consideration to the game or the difficulty usually is easier than the real game (based on my experience on some games, at least), when you're money is really at stake.

It's similar strategy with the trading demo, you will be easily to made a profit but in the real situation isn't same. I'm more prefer to learn on twitch or youtube rather than a demo version because when we watch someone play he's play with real money and real opponents. We need to understand how to beat them in real money, IMO learning in demo version is just time wasting.

For me luck based are more fun because I don't need any effort and skills, the jackpot from slots is actually more interesting for me.

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Quote from: Rufsilf on September 30, 2021, 06:57:12 AM

I prefer to play on skill-based gambling, because it entertains mo more and in that way I enjoy playing it and I also get to exercise my mind than doing nothing other waiting for the results of your bet and it bores me.

But I don't usually participate in gambling activities, depending on my mood wether I'll play or not. Still luck always play a huge role whatever gambling activities you're into, you can't always win even if your knowledge and skills are high. Eventually, the owner will always win.

Skill based gambling also can put yourself under pressure if you are not getting the results as you expected for long time si the entertainment part is getting nullified there for me the luck based games are more fun and real entertainment since you can convince that its not your day even if you lose.

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Quote from: KTChampions on September 29, 2021, 09:58:42 AM

Quote from: Lucasgabd on September 28, 2021, 04:24:48 PM

Quote from: KTChampions on September 28, 2021, 08:19:32 AM

I think that nowadays big wins like Jackpot are most likely called luck, usually this is a huge amount compared to the average player's spending on gambling. And unluck is too long a series of losses with good chances (even 50/50), for example, if a person from time to time bets on his favorite team and after that it always loses, then he calls himself unlucky.

yes, makes sense, I was just playing the contrarian a bit
not sure what my opinions are on luck/no luck
when it comes to blind luck

I really prefer to organize my life in a way the I have luck type 2, 3 and 4 more often, and if type 1 comes, well, I won't deny it.

In fact, it is not entirely clear to me why these points are attributed to luck:
2: "Luck From Motion" - It is obvious that the one who acts will always get more chances from life than the one who does nothing, which means that his "gain" will be greater.
3: "Luck In Preparation" - a prepared chess player is always more "lucky" than a less prepared one, this is obvious.
4: "Luck Unique To You" - it is natural that if you are a unique expert in any field, then your knowledge will be highly appreciated by the market (and maybe even higher due to the lack of competitors).
In general, I agree with you and I also try to have such luck accompany me in my life.

one would be able to argue that only true luck is type 1 luck, blind one and the other 3 are opportunities and not exactly luck.
as with any model we can discuss the possibility

brought the idea here because I like it as one of many possible paths

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Quote from: Rufsilf on September 30, 2021, 06:57:12 AM

I prefer to play on skill-based gambling, because it entertains mo more and in that way I enjoy playing it and I also get to exercise my mind than doing nothing other waiting for the results of your bet and it bores me.

But I don't usually participate in gambling activities, depending on my mood wether I'll play or not. Still luck always play a huge role whatever gambling activities you're into, you can't always win even if your knowledge and skills are high. Eventually, the owner will always win.

I guess you should try participating or gambling in a skill-based game as it brings different feelings when you are already playing, who knows, you might be one of the most successful gamblers in the world, that possibility would not happen if you will not try.

Rufsilf

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I prefer to play on skill-based gambling, because it entertains mo more and in that way I enjoy playing it and I also get to exercise my mind than doing nothing other waiting for the results of your bet and it bores me.

But I don't usually participate in gambling activities, depending on my mood wether I'll play or not. Still luck always play a huge role whatever gambling activities you're into, you can't always win even if your knowledge and skills are high. Eventually, the owner will always win.

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Quote from: Fivestar4everMVP on September 30, 2021, 04:12:16 AM

I will go with skill based, I've played based on luck for a very long time but I've never won anything, this made me believe am not good with luck, so I did rather take my destiny in my own hands rather than depend on luck.
And even outside gambling, one has a higher chance of succeeding in something he or she is very skillful at, take trading for example, one who trade based on luck never can have the kind of success one who already has the skill have.

Actually, if your main purpose is to win consistently, you should know that skilled-based game is good for you. Luck-based games does not give you consistency but at least it will give you more fun (based on my experience). You can try whatever you think will give you a better chance fo winning, but always remember that you should not take the entertainment as it's very important to survive and enjoy gambling in the long run.

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Quote from: alpamar99 on September 30, 2021, 04:29:18 AM

Quote from: KTChampions on September 28, 2021, 08:19:32 AM

I think that nowadays big wins like Jackpot are most likely called luck, usually this is a huge amount compared to the average player's spending on gambling. And unluck is too long a series of losses with good chances (even 50/50), for example, if a person from time to time bets on his favorite team and after that it always loses, then he calls himself unlucky.

I tried to make a rebuttal about this but it seems that this makes a lot of sense with the reality.
because basically a lot of wins like this jackpot, of course, goes through a series of many rounds and this of course requires a lot of time and capital.
actually this is a basic concept that exists when in gambling because of course every dealer must have a way to make settings as if this is natural but in fact it is a setting that is made.

How did you try to make a rebuttal? Maybe you will write in more detail, now I do not understand your idea very well.
As for getting the Jackpot, it is clear that to get it, you need to make hundreds of thousands (or even millions) of bets, but this condition is compensated by the fact (for casual players) that there are a lot of gamblers and in total they easily reach the required values.

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Quote from: KTChampions on September 28, 2021, 08:19:32 AM

Quote from: Lucasgabd on September 28, 2021, 07:16:29 AM

what if luck is just randomness interpreted in a biased way by us?
also, as the ocean, sometimes the tide is high and sometimes is not

I see luck like that, so even @gagux123 can get luck at some point

related:
https://www.wealest.com/articles/four-kinds-of-luck

I think that nowadays big wins like Jackpot are most likely called luck, usually this is a huge amount compared to the average player's spending on gambling. And unluck is too long a series of losses with good chances (even 50/50), for example, if a person from time to time bets on his favorite team and after that it always loses, then he calls himself unlucky.

I tried to make a rebuttal about this but it seems that this makes a lot of sense with the reality.
because basically a lot of wins like this jackpot, of course, goes through a series of many rounds and this of course requires a lot of time and capital.
actually this is a basic concept that exists when in gambling because of course every dealer must have a way to make settings as if this is natural but in fact it is a setting that is made.

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I will go with skill based, I've played based on luck for a very long time but I've never won anything, this made me believe am not good with luck, so I did rather take my destiny in my own hands rather than depend on luck.
And even outside gambling, one has a higher chance of succeeding in something he or she is very skillful at, take trading for example, one who trade based on luck never can have the kind of success one who already has the skill have.

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Quote from: boyptc on September 29, 2021, 06:02:25 PM

That's true.

Demo is just a trial and nothing to be excited about.

The thrill is with real betting and your money is on it and that's why you have to be good if you're playing skilled games or take your chance and see if you're lucky if its the other game.

While demo version of games may seem like just a 'trial version', but for skill-based games, it actually hones your skills literally, so you can't belittle those demo versions, of course, there is no thrill considering you don't have anything in stake or at risk when playing demo versions, and you also gain knowledge at it while risking nothing, although, demo versions tend to give you much more consideration to the game or the difficulty usually is easier than the real game (based on my experience on some games, at least), when you're money is really at stake.

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Quote from: madnessteat on September 29, 2021, 12:34:30 PM

Quote from: delfastTions on September 29, 2021, 01:40:15 AM

As for skills, I can tell you the following: quite often we are encouraged to use demo versions of games or trading to develop skills. For example, in the forex market.
So I responsibly inform you that no demo versions will allow your skills to develop, but will only aggravate irresponsible behavior. Because as soon as you start playing a real game for real money, everything will be different at once. Demo versions serve to make you have the euphoria that you are a professional. And then you will lose your money much faster.
It's better to play right away than to learn in the demo.

When using the demo version of the trading terminal a person does not experience emotions that prevent him from correctly assessing the market situation and adequately calculate the risks. Demo versions were created so that we could get acquainted with the terminal operation and practice our skills without losing real money.

It will be different when you use the demo and real versions because the emotion will become high and it is not easy to prevent that, especially to calculate the risks. But demo version can help someone learn more about trading and that can be a way to apply and learn about the strategy that he can want to know more about trading. When he enters real trading, he can have skills that will be useful to him to analyze the market, but he still needs to think about how to manage his emotion. I think that is also needed in gambling as we need to manage our money.

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I don't understand why that demo becomes a topic as no one says about that thing here. It's too obvious that it's not thrilling as that's why it is called a demo in the first place. The purpose of it is to give the user insight or preview of what sort of platform they will goes into.

Quote from: LUCKMCFLY on September 29, 2021, 08:58:20 AM

Quote from: chaser15 on September 27, 2021, 06:47:32 PM

Don't think about that you are not lucky for anything. Not encouraging you to test a luck-based games but you can test playing at casino games for a small amount just for experience. A minimum bet is sometimes playing at $0.2. If you have a bankroll of $50, that's a long-time playing already. For $0.2, you can hit a good reward up to $50-$100 if the said casino offers a big multipliers and lots of free spins. If I have a time, I will browse some Stake.com casinos where your minimum bet can get a good multiplier. But don't forget it's gambling. Just giving you some preview playing in a luck-based games.

You are right in what you say, I do not know if you have tried playing with the slots in this case, if bets of 0.2USD are made it is very likely that in any of the slots that stake.com has you can find a good multiplier and leave with excellent profit, and precisely in my case when I play the slots when I have that touch of luck sometimes I recover or even remain neutral and it helps me to play another game.

I totally agree there. In my stake.com experience, I always bet on a minimum bet which is $0.1 to $0.2. If lucky, if we hit that free spin, or high lines combination, that can turn into a good prize in return. Also doing it on play-in. A $0.2 bet sometimes costs around $15-$20 overall. Worth to try if expecting a rush play.

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Quote from: Fatunad on September 29, 2021, 05:29:22 PM

Demo gaming is something cant really be considered to be that thrilling or exciting because you do know that theres nothing you can lose which means you can bet out in full scale without worrying but if you do won
then it cant really give out that kind of happiness unlike when you do make out some real money bets on where you could really feel the thrill and excitement and of course you would really feel out
frustrations too on the time you would suffer continous losses.It doesnt matter which game you are engaging into because there are varieties and types that we do have in the market.

That's true.

Demo is just a trial and nothing to be excited about.

The thrill is with real betting and your money is on it and that's why you have to be good if you're playing skilled games or take your chance and see if you're lucky if its the other game.

Fatunad

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Quote from: Hypnosis00 on September 29, 2021, 03:10:49 PM

Quote from: madnessteat on September 29, 2021, 12:34:30 PM

Quote from: delfastTions on September 29, 2021, 01:40:15 AM

As for skills, I can tell you the following: quite often we are encouraged to use demo versions of games or trading to develop skills. For example, in the forex market.
So I responsibly inform you that no demo versions will allow your skills to develop, but will only aggravate irresponsible behavior. Because as soon as you start playing a real game for real money, everything will be different at once. Demo versions serve to make you have the euphoria that you are a professional. And then you will lose your money much faster.
It's better to play right away than to learn in the demo.

When using the demo version of the trading terminal a person does not experience emotions that prevent him from correctly assessing the market situation and adequately calculate the risks. Demo versions were created so that we could get acquainted with the terminal operation and practice our skills without losing real money.

Absolutely, it's different when you are doing it in an actual way because you are risking real money and it cannot be avoided that you will feel the pressure as you always think of a way on how to win. Demo version is just like playing a game, it's okay to lose but in real life, you will feel bad when yo lose.

Demo gaming is something cant really be considered to be that thrilling or exciting because you do know that theres nothing you can lose which means you can bet out in full scale without worrying but if you do won
then it cant really give out that kind of happiness unlike when you do make out some real money bets on where you could really feel the thrill and excitement and of course you would really feel out
frustrations too on the time you would suffer continous losses.It doesnt matter which game you are engaging into because there are varieties and types that we do have in the market.

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Quote from: madnessteat on September 29, 2021, 12:34:30 PM

Quote from: delfastTions on September 29, 2021, 01:40:15 AM

As for skills, I can tell you the following: quite often we are encouraged to use demo versions of games or trading to develop skills. For example, in the forex market.
So I responsibly inform you that no demo versions will allow your skills to develop, but will only aggravate irresponsible behavior. Because as soon as you start playing a real game for real money, everything will be different at once. Demo versions serve to make you have the euphoria that you are a professional. And then you will lose your money much faster.
It's better to play right away than to learn in the demo.

When using the demo version of the trading terminal a person does not experience emotions that prevent him from correctly assessing the market situation and adequately calculate the risks. Demo versions were created so that we could get acquainted with the terminal operation and practice our skills without losing real money.

Absolutely, it's different when you are doing it in an actual way because you are risking real money and it cannot be avoided that you will feel the pressure as you always think of a way on how to win. Demo version is just like playing a game, it's okay to lose but in real life, you will feel bad when yo lose.

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Quote from: delfastTions on September 29, 2021, 01:40:15 AM

As for skills, I can tell you the following: quite often we are encouraged to use demo versions of games or trading to develop skills. For example, in the forex market.
So I responsibly inform you that no demo versions will allow your skills to develop, but will only aggravate irresponsible behavior. Because as soon as you start playing a real game for real money, everything will be different at once. Demo versions serve to make you have the euphoria that you are a professional. And then you will lose your money much faster.
It's better to play right away than to learn in the demo.

When using the demo version of the trading terminal a person does not experience emotions that prevent him from correctly assessing the market situation and adequately calculate the risks. Demo versions were created so that we could get acquainted with the terminal operation and practice our skills without losing real money.

Topic: GAMBLING: Skill-based vs. Chance-based - page 6. (Read 2408 times)