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Topic: GAMBLING: Skill-based vs. Chance-based - page 8. (Read 2408 times)

legendary
Activity: 2422
Merit: 1140
duelbits.com
September 27, 2021, 06:55:40 PM
I'm not sure about that because the best way to avoid addiction in my opinion is to lose money. People usually only start to understand they're addict when they encounter big losses or long losing streaks. Then if you are limiting your losses, you'll always still be able to gamble and you will continue.
Read carefully my comment above, what I said was "one of the ways", NOT the best way. I also state that it is my own way to avoid addictions, not recommended to all gamblers. Sure each gambler has their own ways, so which one is the best depends on the gambler. Limiting funds is also not a must to do, I have many times stating that it is one of the possible ways to apply. So, it is a choice, not something a must!!

legendary
Activity: 2604
Merit: 2353
September 27, 2021, 06:50:52 PM
No, some people are just responsible enough, they understand the risk and their chances of winning in gambling before they start the actual gambling, so they are not facing a problem like an addiction.
Yep, that's true. Not all gamblers become addicts, some can avoid addiction by applying proper strategies. One of the examples is to limit the funds, that's one of my preventive ways to be not an addict. Maybe it cannot work for other gamblers, but it is an effective way for me. We know the chance to win isn't so big in gambling, so no need to push us using money in a certain game. Also, limit the time to play that game, so we don't use too much time on that game. It is a good way to avoid addiction, IMO.
I'm not sure about that because the best way to avoid addiction in my opinion is to lose money. People usually only start to understand they're addicted when they encounter big losses or long losing streaks. Then if you are limiting your losses, you'll always still be able to gamble and you will continue.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
September 27, 2021, 06:47:32 PM
It's been a while since I read this topic and I found this list very interesting!!

How I like gambling to enjoy my free time. I believe it's valid to bet on games that involve skill, as unfortunately I'm not lucky for anything in my life lol!

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.
legendary
Activity: 2422
Merit: 1140
duelbits.com
September 27, 2021, 06:41:38 PM
No, some people are just responsible enough, they understand the risk and their chances of winning in gambling before they start the actual gambling, so they are not facing a problem like an addiction.
Yep, that's true. Not all gamblers become addicts, some can avoid addiction by applying proper strategies. One of the examples is to limit the funds, that's one of my preventive ways to be not an addict. Maybe it cannot work for other gamblers, but it is an effective way for me. We know the chance to win isn't so big in gambling, so no need to push us using money in a certain game. Also, limit the time to play that game, so we don't use too much time on that game. It is a good way to avoid addiction, IMO.

legendary
Activity: 2940
Merit: 1083
September 27, 2021, 05:31:31 PM
It's been a while since I read this topic and I found this list very interesting!!

How I like gambling to enjoy my free time. I believe it's valid to bet on games that involve skill, as unfortunately I'm not lucky for anything in my life lol!

In the end, everyone has their own preferences. If you think you are not comfortable with either of them, don't force yourself to play on that. I do like skill-based games but it doesn't mean I won't try those luck-based. In my history of betting on luck-based, there are numerous times that I won a good amount. I like to have the experience again that's why occasionally, I do bet on casino games especially slots, and rely on my luck on that session will come to me.
legendary
Activity: 2604
Merit: 2353
September 27, 2021, 05:14:00 PM
It's been a while since I read this topic and I found this list very interesting!!

How I like gambling to enjoy my free time. I believe it's valid to bet on games that involve skill, as unfortunately I'm not lucky for anything in my life lol!
Many people think in the same way as you but I'm not sure it's the most efficient way of thinking about the matter. Skilled games where you can earn money are usually occupied by the most skilled guys, then your chances of winning are in reality mostly smaller than the ones you would have at a random game of chance.
hero member
Activity: 1554
Merit: 814
The Alliance Of Bitcointalk Translators - ENG>POR
September 27, 2021, 04:55:58 PM
It's been a while since I read this topic and I found this list very interesting!!

How I like gambling to enjoy my free time. I believe it's valid to bet on games that involve skill, as unfortunately I'm not lucky for anything in my life lol!
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
September 27, 2021, 04:54:12 PM
I think that gambling based on chance is more reliable and easier for beginners like me too. skill-based gambling is difficult, especially for me, who is still a beginner. Gambling does not only rely on luck but also requires skill in it and that is a difficult thing. need knowledge and also practice often so that we also have a lot of experience. Many people experience losses just because they don't really understand gambling and just go along without having the basics or skills. so it should be underlined that not everyone can be so lucky to gamble if we don't have good skills or experience.
It is difficult if you don't know the game and I suggest not to gamble if you don't know the game of familiarizing it.
For example, you are not familiar with poker which is mixed that based on skills and base on chance, if you don't have an idea of how to play, it will always end up losing. Not like if you know how to play with it, there is a chance that you will win or avoid a long losing streak. Based on chance/luck games are also very easy, dice and roulette even a kid will do this.
legendary
Activity: 2436
Merit: 1008
September 27, 2021, 04:49:33 PM
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.
It's fairly easy to rig a game and we all know that this field is full of scammers. So, as long as we don't know what the casino' owners are doing behind the scene, we should never trust them and always verify everything. "Don't trust, verify!"
To mitigate this risk when playing against the house (dice, crash, slots...), only play provably fair games and verify each round result. When playing a PvP game, make sure you are playing against real players and not bots.

Sounds unrealistically to me, to be honest. Do you personally only play provably fair games and verify each round result? I seriously doubt that. Smiley

After all, gambling is supposed to be for fun, and there's not much fun in constant verifying. I think it's enough to check on the reputation of the site in the gambling community, and then if it's okay, you can play there without fearing to be scammed.


I would not do that if it's in my case, it's time-consuming and it will just kill the excitement that I like to feel when gambling.

Thing is, if a gambling site is reputable, they would not attempt to cheat anyone or cheat even just in one roll because if they get caught, that would destroy their reputation and their business could go bankrupt, that's the big risk for one mistake.

Same here.

Verifying every bets is crazy. Is there a person who really do that? Just choose reputable site and trust them as building a reputation is hard that unlikely they won't do some cheating. For average gamblers too, they don't know how to verify results since they just want to play.

If lose, don't think there's a cheat. That's why they called chanced-based or luck-games.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
September 27, 2021, 07:57:15 AM
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.
It's fairly easy to rig a game and we all know that this field is full of scammers. So, as long as we don't know what the casino' owners are doing behind the scene, we should never trust them and always verify everything. "Don't trust, verify!"
To mitigate this risk when playing against the house (dice, crash, slots...), only play provably fair games and verify each round result. When playing a PvP game, make sure you are playing against real players and not bots.

Sounds unrealistically to me, to be honest. Do you personally only play provably fair games and verify each round result? I seriously doubt that. Smiley

After all, gambling is supposed to be for fun, and there's not much fun in constant verifying. I think it's enough to check on the reputation of the site in the gambling community, and then if it's okay, you can play there without fearing to be scammed.


I would not do that if it's in my case, it's time-consuming and it will just kill the excitement that I like to feel when gambling.

Thing is, if a gambling site is reputable, they would not attempt to cheat anyone or cheat even just in one roll because if they get caught, that would destroy their reputation and their business could go bankrupt, that's the big risk for one mistake.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
September 27, 2021, 07:50:09 AM
I agree that we have our own preferences and choice if it's about gambling. We have differences and determining the type of game is easy. And as someone who has liked both types, we can just play whenever we want and just shift if we're not lucky with the other.
In some luck games, they'll apply their skill as they say but if you ask them what skill is that, they'll tell that it's just about martingale which we usually really hear and see from the others.

Most common from those gamblers who played luck based games,

martingale, reverse martingale or any other strategy that is based on the same concepts.
We do have differences as we wanted to try our luck when playing.

So as with skills based gambling, when you deal with it even you have good strategy
it's not guaranteed that you are capable of winning from time to time.

It's always depends on how you percepts and understand the concept of the game.
Too many strategies and the martingale is the one that's common for those lucky based games and that's really one being applied and even being spread on the web.
I've seen content creators and random videos that are talking about it and the comments that I've seen there are giving the strategy a credit but it's not really working for all.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
September 27, 2021, 06:42:50 AM
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.
It's fairly easy to rig a game and we all know that this field is full of scammers. So, as long as we don't know what the casino' owners are doing behind the scene, we should never trust them and always verify everything. "Don't trust, verify!"
To mitigate this risk when playing against the house (dice, crash, slots...), only play provably fair games and verify each round result. When playing a PvP game, make sure you are playing against real players and not bots.

Sounds unrealistically to me, to be honest. Do you personally only play provably fair games and verify each round result? I seriously doubt that. Smiley

After all, gambling is supposed to be for fun, and there's not much fun in constant verifying. I think it's enough to check on the reputation of the site in the gambling community, and then if it's okay, you can play there without fearing to be scammed.
legendary
Activity: 2982
Merit: 1028
September 27, 2021, 05:56:29 AM
Many people experience losses just because they don't really understand gambling and just go along without having the basics or skills. so it should be underlined that not everyone can be so lucky to gamble if we don't have good skills or experience.


In most cases related to this, there are many gamblers who losses their money due to lack of understanding,

They mostly hoping for luck to back them up, which is no one can control about it. Some lose a huge amount
of money after continually playing.

You really need to work things out accordingly. Gambling can do harmed and not just a simple one but it can damage a huge
part of you, both with financial and emotional aspects




sr. member
Activity: 1498
Merit: 443
September 27, 2021, 05:09:03 AM
I think that gambling based on chance is more reliable and easier for beginners like me too. skill-based gambling is difficult, especially for me, who is still a beginner. Gambling does not only rely on luck but also requires skill in it and that is a difficult thing. need knowledge and also practice often so that we also have a lot of experience. Many people experience losses just because they don't really understand gambling and just go along without having the basics or skills. so it should be underlined that not everyone can be so lucky to gamble if we don't have good skills or experience.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
September 27, 2021, 03:00:46 AM
It's really hard to resist to continue gambling when already on the limit. That's the reason I don't like this setting a budget as it won't work for me. What I do is, force myself when I feel something not right is happening or having a continuous losing, I will try to stop.
Not many gamblers can do this, especially for beginners. You can consider using this way if you are experienced enough, have a good feeling, and have no problem with self-control. For me, this will be a harder way for beginners, limiting funds should be easier to understand. Well, each gambler may have a different way. So, if you think limiting funds won't work for you, you don't need to apply it to your gambling strategy. It is just one of the ways to avoid big losses, you can use other ways as well.
Of course, they are beginners so many won't able to do it first. Read my next statement after that, practice makes perfect so eventually everyone will learn it automatically and their gambling habits will be changed in the long-run.

Yes, I don't to apply that budget limit on my gambling strategy because it's not really working for me. Being responsible to gambling takes time. Sometimes a big loss is necessary before learning how to become a responsible gambler.

Indeed, sometimes we need to experience big losses to realize the mistakes we make when gambling. Then finally we can slowly change our
bad habits when gambling, because I did not find a gambler who immediately became a responsible gambler, all gamblers will definitely make
mistakes when they start gambling. It must be admitted that it is not an easy thing to be a responsible gambler, because like you said sometimes
it takes time to become a responsible gambler. I also had to go through a long process to become a responsible gambler.

It depends on the person, everyone starts being a newbie in gambling, and don't tell me that all of them suffered from addiction or commit mistakes in gambling and they just learn in the long run. No, some people are just responsible enough, they understand the risk and their chances of winning in gambling before they start the actual gambling, so they are not facing a problem like an addiction.

Gambling addiction is happening to few people only, and these people experience gambling addiction because they are irresponsible, that's the truth.
sr. member
Activity: 1876
Merit: 318
September 26, 2021, 08:38:27 PM
It's really hard to resist to continue gambling when already on the limit. That's the reason I don't like this setting a budget as it won't work for me. What I do is, force myself when I feel something not right is happening or having a continuous losing, I will try to stop.
Not many gamblers can do this, especially for beginners. You can consider using this way if you are experienced enough, have a good feeling, and have no problem with self-control. For me, this will be a harder way for beginners, limiting funds should be easier to understand. Well, each gambler may have a different way. So, if you think limiting funds won't work for you, you don't need to apply it to your gambling strategy. It is just one of the ways to avoid big losses, you can use other ways as well.
Of course, they are beginners so many won't able to do it first. Read my next statement after that, practice makes perfect so eventually everyone will learn it automatically and their gambling habits will be changed in the long-run.

Yes, I don't to apply that budget limit on my gambling strategy because it's not really working for me. Being responsible to gambling takes time. Sometimes a big loss is necessary before learning how to become a responsible gambler.

Indeed, sometimes we need to experience big losses to realize the mistakes we make when gambling. Then finally we can slowly change our
bad habits when gambling, because I did not find a gambler who immediately became a responsible gambler, all gamblers will definitely make
mistakes when they start gambling. It must be admitted that it is not an easy thing to be a responsible gambler, because like you said sometimes
it takes time to become a responsible gambler. I also had to go through a long process to become a responsible gambler.
legendary
Activity: 2604
Merit: 2353
September 26, 2021, 06:58:31 PM
Updated 05-27-2020
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.
Poker
Blackjack
Pai Gow
Texas Shootout
Horse Race Betting
Sports Betting
I disagree with your classification the Blackjack is not a skill based game according to me, it's a game of chance like the hi-lo game or sic bo game as you've mentioned.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
September 26, 2021, 06:57:17 PM
It's really hard to resist to continue gambling when already on the limit. That's the reason I don't like this setting a budget as it won't work for me. What I do is, force myself when I feel something not right is happening or having a continuous losing, I will try to stop.
Not many gamblers can do this, especially for beginners. You can consider using this way if you are experienced enough, have a good feeling, and have no problem with self-control. For me, this will be a harder way for beginners, limiting funds should be easier to understand. Well, each gambler may have a different way. So, if you think limiting funds won't work for you, you don't need to apply it to your gambling strategy. It is just one of the ways to avoid big losses, you can use other ways as well.

Of course, they are beginners so many won't able to do it first. Read my next statement after that, practice makes perfect so eventually everyone will learn it automatically and their gambling habits will be changed in the long-run.

Yes, I don't to apply that budget limit on my gambling strategy because it's not really working for me. Being responsible to gambling takes time. Sometimes a big loss is necessary before learning how to become a responsible gambler.
legendary
Activity: 2422
Merit: 1140
duelbits.com
September 26, 2021, 06:50:03 PM
It's really hard to resist to continue gambling when already on the limit. That's the reason I don't like this setting a budget as it won't work for me. What I do is, force myself when I feel something not right is happening or having a continuous losing, I will try to stop.
Not many gamblers can do this, especially for beginners. You can consider using this way if you are experienced enough, have a good feeling, and have no problem with self-control. For me, this will be a harder way for beginners, limiting funds should be easier to understand. Well, each gambler may have a different way. So, if you think limiting funds won't work for you, you don't need to apply it to your gambling strategy. It is just one of the ways to avoid big losses, you can use other ways as well.

legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
September 26, 2021, 06:25:28 PM
Many people lose control in gambling, including us, but unfortunately, setting the limited funds does not always work for them as they can forget to limit their funds.
It means they are not disciplined in limiting their funds. It is actually a choice, you can gamble without limiting your funds, but with the risk to lose bigger money. While another choice, we can try to be discipline to limit funds, this requires seriousness and consistency. Of course, limiting funds here isn't a theory only, but it must be applied whenever we play gambling games. It won't have an effect if limiting funds is a theory only.

It's really hard to resist to continue gambling when already on the limit. That's the reason I don't like this setting a budget as it won't work for me. What I do is, force myself when I feel something not right is happening or having a continuous losing, I will try to stop. In a case that I'm winning already, I will try to stop.

Practice makes perfect. It's hard at the start but when gaining experience, we will used on doing it.
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