Impact on gambling - page 3. | Bitcointalksearch.org

Quidat

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Quote from: Yamifoud on November 07, 2019, 08:54:42 AM

Quote from: lienfaye on November 07, 2019, 08:09:28 AM

Quote from: Reatim on November 07, 2019, 07:58:56 AM

Quote from: mitchr4 on November 07, 2019, 06:25:01 AM

I used to play Sportsbook and my winnings might be based on 70% Luck 30% Knowledge. In choosing bets, I previously looked at their match history and analyzed and then executed what market had the highest chance of winning.

well sportsbetting is somewhat can be analyze and can easily find who will win(in a certain occasion and not all the time lol)because if we are a true fanatic of specific sport,then we have idea what will be the outcome of each game

Well you're right there are gambling games that needs more knowledge and not relying 100% on luck just like on sportsbet. Having an idea on each team's past game is necessary to be able to predict who will win. Luck + knowledge + strategy.

Being in sports betting is different from the other form of gambling. I have to understand that it never needs luck because we possibly know what would be the end of this game unlike we do in dice, poker and some other card games which are purely base luck games.

But I agree with you that, these( Luck + knowledge + strategy) things are very important in every time we visit casinos, having in online games and other forms of gambling. But we can also justify that above all, it is all about the decision we made and that would lead us either to win or lose.

It will really vary on what games we are playing into which there are games which requires skills which isnt really necessary on other
games as well.Luck is the biggest factor among all because even if on how good you are on making decisions but if luck isnt on your
side then it will turn out events on an instant to the opposite way which would cause a loss for you.Decision making into different
scenario is needed and also you should be aware and sensible enough into your actions.

andycarrol

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Quote from: Yamifoud on November 07, 2019, 08:54:42 AM

Quote from: lienfaye on November 07, 2019, 08:09:28 AM

Quote from: Reatim on November 07, 2019, 07:58:56 AM

Quote from: mitchr4 on November 07, 2019, 06:25:01 AM

I used to play Sportsbook and my winnings might be based on 70% Luck 30% Knowledge. In choosing bets, I previously looked at their match history and analyzed and then executed what market had the highest chance of winning.

well sportsbetting is somewhat can be analyze and can easily find who will win(in a certain occasion and not all the time lol)because if we are a true fanatic of specific sport,then we have idea what will be the outcome of each game

Well you're right there are gambling games that needs more knowledge and not relying 100% on luck just like on sportsbet. Having an idea on each team's past game is necessary to be able to predict who will win. Luck + knowledge + strategy.

Being in sports betting is different from the other form of gambling. I have to understand that it never needs luck because we possibly know what would be the end of this game unlike we do in dice, poker and some other card games which are purely base luck games.

But I agree with you that, these( Luck + knowledge + strategy) things are very important in every time we visit casinos, having in online games and other forms of gambling. But we can also justify that above all, it is all about the decision we made and that would lead us either to win or lose.

all gambling games require luck, even though Sportsbet looks easy to analyze, but the final result still relies on luck. like I did in the last few months, when I bet on a big team and they played at home, the result was unexpected, even though in analysis they would win easily. I like games that use strategies like poker.

Yamifoud

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Quote from: lienfaye on November 07, 2019, 08:09:28 AM

Quote from: Reatim on November 07, 2019, 07:58:56 AM

Quote from: mitchr4 on November 07, 2019, 06:25:01 AM

I used to play Sportsbook and my winnings might be based on 70% Luck 30% Knowledge. In choosing bets, I previously looked at their match history and analyzed and then executed what market had the highest chance of winning.

well sportsbetting is somewhat can be analyze and can easily find who will win(in a certain occasion and not all the time lol)because if we are a true fanatic of specific sport,then we have idea what will be the outcome of each game

Well you're right there are gambling games that needs more knowledge and not relying 100% on luck just like on sportsbet. Having an idea on each team's past game is necessary to be able to predict who will win. Luck + knowledge + strategy.

Being in sports betting is different from the other form of gambling. I have to understand that it never needs luck because we possibly know what would be the end of this game unlike we do in dice, poker and some other card games which are purely base luck games.

But I agree with you that, these( Luck + knowledge + strategy) things are very important in every time we visit casinos, having in online games and other forms of gambling. But we can also justify that above all, it is all about the decision we made and that would lead us either to win or lose.

lienfaye

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Quote from: Reatim on November 07, 2019, 07:58:56 AM

Quote from: mitchr4 on November 07, 2019, 06:25:01 AM

I used to play Sportsbook and my winnings might be based on 70% Luck 30% Knowledge. In choosing bets, I previously looked at their match history and analyzed and then executed what market had the highest chance of winning.

well sportsbetting is somewhat can be analyze and can easily find who will win(in a certain occasion and not all the time lol)because if we are a true fanatic of specific sport,then we have idea what will be the outcome of each game

Well you're right there are gambling games that needs more knowledge and not relying 100% on luck just like on sportsbet. Having an idea on each team's past game is necessary to be able to predict who will win. Luck + knowledge + strategy.

Reatim

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Quote from: Krislaw on November 07, 2019, 01:18:50 AM

Quote from: Ararbermas on November 07, 2019, 12:28:10 AM

For me it woud be discipline . Because if you have that you can minimize losses and you are able to prevent any risky situation .

Discipline is important, yeah, but we should not forget that knowledge is also important when we are gambling. The level of knowledge is what we call experience and we need this three in gambling. Discipline, Knowledge and Experience plays a great role in gambling like Poker games, or sports bet.

i think knowledge and discipline is bind together in this area ,look if you are a disciplined person that means you are knowledgeable right?because people that has these both is surely has the more chances of winning.
and besides this is the attitude gamblers must have if they wanna have advantage in gambling.

Quote from: mitchr4 on November 07, 2019, 06:25:01 AM

I used to play Sportsbook and my winnings might be based on 70% Luck 30% Knowledge. In choosing bets, I previously looked at their match history and analyzed and then executed what market had the highest chance of winning.

well sportsbetting is somewhat can be analyze and can easily find who will win(in a certain occasion and not all the time lol)because if we are a true fanatic of specific sport,then we have idea what will be the outcome of each game

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Quote from: mitchr4 on November 07, 2019, 06:25:01 AM

I used to play Sportsbook and my winnings might be based on 70% Luck 30% Knowledge. In choosing bets, I previously looked at their match history and analyzed and then executed what market had the highest chance of winning.

Whether it is sports betting or something else, the winning depends majority on luck. We can gather more information relative to the game and the players of that team, but the game gets changed in no time with unpredicted results getting success. An example for the same is the recent T20 between India and Bangladesh. None could've thought Bangladesh will win the game, but it happened.

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I went for been experienced from the listed voting pull cause I believe it matters most.
Though, looking at the statistic from the poll, many people actually believe that lucky is more important.
I feel that good winning impact is determined by a mixture of experiences and luck. It is because to be lucky, one should as least know how to play the game (experience) before luck comes in.

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I used to play Sportsbook and my winnings might be based on 70% Luck 30% Knowledge. In choosing bets, I previously looked at their match history and analyzed and then executed what market had the highest chance of winning.

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Quote from: Krislaw on November 07, 2019, 01:18:50 AM

Quote from: Ararbermas on November 07, 2019, 12:28:10 AM

For me it woud be discipline . Because if you have that you can minimize losses and you are able to prevent any risky situation .

Discipline is important, yeah, but we should not forget that knowledge is also important when we are gambling. The level of knowledge is what we call experience and we need this three in gambling. Discipline, Knowledge and Experience plays a great role in gambling like Poker games, or sports bet.

When playing strategy games it's important to have those things but it will still remains that luck will make everything to workout. gambling
needs to have the compositions that extent your chance to win each time you play inside the house. It's very important to stick with how you
created the plan and don't allow yourself to exceed to your limits it will increase your chance to win.

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Quote from: Ranly123 on November 06, 2019, 04:27:32 AM

Quote from: marcotheminer on November 06, 2019, 04:05:19 AM

It's pure luck - but if somehow you find yourself on the upstreak you need to know to take off the table and vice versa if there's losses, cut them.

If it's pure luck then strategy doesn't work right? So those games which needs startegy also depends on luck. I don't think that gambling only works with luck, it should have discipline and monetary control.

I suppose you *can* have a short term working strategy but over time variance nips you and you suffer loss streaks. Discipline can help limit losses but it won't make gambling 'work'. Only luck can do that in the long run.

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Quote from: wildan88 on November 07, 2019, 04:45:26 AM

Quote from: btc78 on November 06, 2019, 09:57:59 AM

experience is mine,since we wont progress if we dont have experiences specially in sportsbetting so basically this is what we need to grow in gambling world

Quote from: wildan88 on November 06, 2019, 09:29:44 AM

gambling is entirely about luck, but in my opinion, there are some small factors that help you get lucky in gambling, like knowledge for games like sports betting, then discipline, because luck sometimes doesn't come for a long time, so don't play too long and greedy.

and experience as well,because all you've mentioned wont come reality if you are always a newbie so thats why experience s more important than everyhthing

in my opinion, the experience is not very important, even people who are new in gambling they can get a victory. what do you expect from the experience of playing gambling? whereas gambling is about luck. so I think experience only helps a little, what to do when playing gambling.

Experience is a good teacher for anything we do in this world including in gambling but it is not always related to victory or winning.
It is true that gambling is about luck but you forget that there are some games requires experience and knowledge in order to push your luck such as sports betting and poker. In these two games, experience is really needed or will you rely on pure luck while playing poker game and sports betting?
Experience is also related to how you manage your gambling activity, so you wont make the same mistake repeatedly.

Darker45

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As expected, luck comes first but like I have always said, there are different gambling games. Some are purely luck-based, some skill-based, some experience, and so on. And since sports betting is also gambling, knowledge, critical analysis, as well as careful monitoring of news and developments will also be playing a big role here. But I guess gambling is already closely associated so much with luck-based games that is why it is generally considered luck-based.

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Quote from: btc78 on November 06, 2019, 09:57:59 AM

experience is mine,since we wont progress if we dont have experiences specially in sportsbetting so basically this is what we need to grow in gambling world

Quote from: wildan88 on November 06, 2019, 09:29:44 AM

gambling is entirely about luck, but in my opinion, there are some small factors that help you get lucky in gambling, like knowledge for games like sports betting, then discipline, because luck sometimes doesn't come for a long time, so don't play too long and greedy.

and experience as well,because all you've mentioned wont come reality if you are always a newbie so thats why experience s more important than everyhthing

in my opinion, the experience is not very important, even people who are new in gambling they can get a victory. what do you expect from the experience of playing gambling? whereas gambling is about luck. so I think experience only helps a little, what to do when playing gambling.

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Quote from: onrise on November 07, 2019, 01:28:44 AM

Also with experience people will learn that just making money from it is not ideal .

Depending on your experience, if your experience is bad like you are not making money in gambling, of course you will not going to seek for long term success since you understand you will only lose more in gambling. Experience only makes you wise, maybe instead of risking more money and getting aggressive in gambling, you will just treat it for fun and just spend a little amount for entertainment purposes only.

We cannot avoid that we sometimes are getting greedy, but with experience, we will be able to control our emotion as we've experience that many times.

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Quote from: Ararbermas on November 07, 2019, 12:28:10 AM

For me it woud be discipline . Because if you have that you can minimize losses and you are able to prevent any risky situation . Honestly gambling is the most difficult game and i don't believe being lucky can impact in it. Because even we say for example, you have all of the options above except the discipline , ,there's still no way you can succeed ! Because being have a discipline in gambing ,you can control everything, less worries and you are always feel safe while playing.

Discipline is the important thing that needs to their else you would lose out a lot of money just in anticipation that one of the bets you could win big which may happen later or might not even happen. Also with experience people will learn that just making money from it is not ideal .

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Quote from: Ararbermas on November 07, 2019, 12:28:10 AM

For me it woud be discipline . Because if you have that you can minimize losses and you are able to prevent any risky situation .

Discipline is important, yeah, but we should not forget that knowledge is also important when we are gambling. The level of knowledge is what we call experience and we need this three in gambling. Discipline, Knowledge and Experience plays a great role in gambling like Poker games, or sports bet.

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Quote from: Maotezi on November 05, 2019, 03:24:30 PM

If others are selected, does it indicate that these things do not affect the winnings at stake?

All of them are important when you are gambling but it will be useless if you don't have luck on your side.

Some are saying that experience has a huge impact in gambling and there is nothing wrong with it but for me, even you are gambling already for a long time already (lets say 3-4 years) if you are not lucky then you will not win. There are some games who needs more brain than luck (like poker) but being lucky when you are gambling has a huge impact on you.

Ararbermas

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For me it woud be discipline . Because if you have that you can minimize losses and you are able to prevent any risky situation . Honestly gambling is the most difficult game and i don't believe being lucky can impact in it. Because even we say for example, you have all of the options above except the discipline , ,there's still no way you can succeed ! Because being have a discipline in gambing ,you can control everything, less worries and you are always feel safe while playing.

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Quote from: AicecreaME on November 06, 2019, 01:45:15 PM

Quote from: Wexnident on November 05, 2019, 08:26:28 PM

Luck luck luck luckkkkkk. It's called a gamble for a reason naturally. It's almost pretty impossible to talk to skill when winning after all. Plus, even if calculations are involved, there would still be times where no matter what, a loss would still occur a 100%. Just like choosing a queen out of a deck of cards, with pure luck, it almost seems impossile, but its STILL possible.

When we are playing cards like poker, luck is not involve, you might call it luck if you don't know about the pattern of cards and the algorithm of it, that is how professional poker players win, by pure analyzation using math and other complicated additional spice to it.

But I think that still because of luck because we have a chance to get a better card than the other players. What can we do if we don't have a good card? We can lose the money while the other player will get the money. So luck will be the number one in gambling, but besides luck, there are skills, money management, time management, discipline, and experience inside gambling. Even if we could only win for little money, that still luck that will take part to help us to win. That is what I think so far, although I don't know much about the poker games.

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Quote from: goinmerry on November 06, 2019, 04:45:47 PM

Quote from: josephdd1 on November 06, 2019, 04:01:26 PM

Pretty obvious what the answer is... Experience.

Luck doesn't exist, it's just a human construct we use to describe somebody defying mathmatical odds, e.g. a description of how much an outlier someone is.

In games of pure chance, experience matters practically nil, but in games of skill, experience is a huge advantage.

--- a bit of luck.

When a program or algorithm is set to be random especially when there's a machine learning, probably there's a luck. As long as probability exist in each things, we can say that luck also exist.

The fact that you can't compute and predict an algorithm 100%, and at some point you've predicted it correctly, then there's a luck. You can't just rely on experiences 'cause not all of the experienced people win the game of life.

Topic: Impact on gambling - page 3. (Read 1800 times)