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Topic: In gambling 75% of wins depend on strategy and money management. (Read 1160 times)

legendary
Activity: 1078
Merit: 1000
Nothing in gambling that depends on strategy. There are no real strategy as I can say, all games are the same based on luck. Because this is gambling sometimes you will win and sometimes you will lose. It really depends on your luck and how are you going to control yourselves so this has nothing to do with strategy or even money management
hero member
Activity: 700
Merit: 500
seems upside down I would say it is all about luck. maybe 98% on luck, 2% strategy and money management. its true

That is very true. In any form of gambling people should a luck to win money from it otherwise it is quite impossible to predict or guessing the results. Anyway some people on this forum still believes in some games they need a strategy to win but I feel they still need a luck to make there strategy to work.

You are almost 100% correct. I have also seen most of the people who is gambling in this forum still thinks that pocker and some other games no need of any luck but just a strategy. But, they are missing the most critical parameter is luck. They still need some luck to win and they still need to depend on luck to make profits from gambling.

That is very true. No luck than no winning in gambling. I don't believe any strategies will work in gambling for one to make money. If that is true, than by now lot of gambling houses should have closed.

I don't know much about this.. But i don't think gambling site will survive only if we loss. I think  the House Always Has an Edge.. they can survive even we win also.. May be i am wrong.. But this is what i understood with my little knowledge...
yah ,you are pretty much correct ,the house will be in profit if you see the over all bets/rolls made and they might be in loss when some short term high rollers make some quick cash.
But this is all excluding the maintenance and stuff.
sr. member
Activity: 299
Merit: 250
seems upside down I would say it is all about luck. maybe 98% on luck, 2% strategy and money management. its true

That is very true. In any form of gambling people should a luck to win money from it otherwise it is quite impossible to predict or guessing the results. Anyway some people on this forum still believes in some games they need a strategy to win but I feel they still need a luck to make there strategy to work.

You are almost 100% correct. I have also seen most of the people who is gambling in this forum still thinks that pocker and some other games no need of any luck but just a strategy. But, they are missing the most critical parameter is luck. They still need some luck to win and they still need to depend on luck to make profits from gambling.

That is very true. No luck than no winning in gambling. I don't believe any strategies will work in gambling for one to make money. If that is true, than by now lot of gambling houses should have closed.

I don't know much about this.. But i don't think gambling site will survive only if we loss. I think  the House Always Has an Edge.. they can survive even we win also.. May be i am wrong.. But this is what i understood with my little knowledge...
hero member
Activity: 532
Merit: 500
seems upside down I would say it is all about luck. maybe 98% on luck, 2% strategy and money management. its true

That is very true. In any form of gambling people should a luck to win money from it otherwise it is quite impossible to predict or guessing the results. Anyway some people on this forum still believes in some games they need a strategy to win but I feel they still need a luck to make there strategy to work.

You are almost 100% correct. I have also seen most of the people who is gambling in this forum still thinks that pocker and some other games no need of any luck but just a strategy. But, they are missing the most critical parameter is luck. They still need some luck to win and they still need to depend on luck to make profits from gambling.

That is very true. No luck than no winning in gambling. I don't believe any strategies will work in gambling for one to make money. If that is true, than by now lot of gambling houses should have closed.
hero member
Activity: 910
Merit: 1000
seems upside down I would say it is all about luck. maybe 98% on luck, 2% strategy and money management. its true

That is very true. In any form of gambling people should a luck to win money from it otherwise it is quite impossible to predict or guessing the results. Anyway some people on this forum still believes in some games they need a strategy to win but I feel they still need a luck to make there strategy to work.

You are almost 100% correct. I have also seen most of the people who is gambling in this forum still thinks that pocker and some other games no need of any luck but just a strategy. But, they are missing the most critical parameter is luck. They still need some luck to win and they still need to depend on luck to make profits from gambling.
legendary
Activity: 1456
Merit: 1005
seems upside down I would say it is all about luck. maybe 98% on luck, 2% strategy and money management. its true

That is very true. In any form of gambling people should a luck to win money from it otherwise it is quite impossible to predict or guessing the results. Anyway some people on this forum still believes in some games they need a strategy to win but I feel they still need a luck to make there strategy to work.
hero member
Activity: 630
Merit: 500
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well i guess it depends largely on what are you betting on. There's no surprise in losing badly managed portfolio, but i wouldn't
call it 75% success just on strategy alone. I go by the "the longer the road, the safer it is" and place my bets according to my ability
and always low, it won't make me rich, but i would be dumb to over reach..
hero member
Activity: 532
Merit: 500
seems upside down I would say it is all about luck. maybe 98% on luck, 2% strategy and money management. its true
legendary
Activity: 1064
Merit: 1000
Unless you have know edge, like sport bets,

It seems you dont understand what you are talking about. Sports betting is just like another game and sports bet is actually have higher edge than standard dice game with 1 % edge, people think that they win because they know the outcome of the game but most are just luck
legendary
Activity: 2660
Merit: 1074
No management can defeat the house edge.

Unless you have now edge, like sport bets, or find a positive edge, you'll lose in the long run no matter what
klf
legendary
Activity: 1344
Merit: 1000
I think it has a lot to do with the game you are playing, poker for sure luck is only a small part of it, something like slots however is pure luck.

But in any kind of game the end results are depends on some kind of luck so no luck and no win for any one in gambling. Whether luck is just 5% or 100% but luck is surely need to win money in gambling. So don't think in certain games you can win without luck.
sr. member
Activity: 343
Merit: 250
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In my view 99% of wins depend of luck.
hero member
Activity: 966
Merit: 507
It depends on what gamble you prefer mate. There are games where the chance is 50/50 but there are others with practically no chances to earn. For instance, binary options is a 50/50 game, and in sport betting you can manage a good strategy to gain profits with consistency. Some people think forex trading is also a type of gamble, but I don't think so, especially when you can manage a good strategy to gain 90% or more of your trades. 
legendary
Activity: 2436
Merit: 1804
guess who's back
I would like that everyone here claiming that sports betting and/or poker is profitable if you use the "right" strategy opened a thread posting their predictions and, more important, their earnings (because I have noticed that most tipster just suggest the obvious picks, but if we checked their bankroll they probably have lost or have not profited as much as the time they have invested). Of course my request would only make sense if the person let his thread open for a long period of time and betting consistently.

Who would have predicted Madrid drawing to Gijon on Matchday 1 or Barcelona losing to Celta on Matchday do-not-remember-what? (or any other "obvious" pick that did not come up as expected).

I'm not good in sportsbetting , but it's definitely beatable and there are some people who make a living by betting on sports
for poker it's for sure beatable and you can make money playing poker , there are plenty of online names so you can check that
also you can check my graph , I'm new to the game but I have played over 1000 tourneys and mostly SNGs , you can see my ROI too
so these are not " claims " , they are facts  
legendary
Activity: 1442
Merit: 1000
bein able to walk away when up or down big is so huge. Regression happens!
If im winning big i stay betting normal but as soon as i lose a couple I reduce
my bets in size cause I dont want to give it all back. Also if Im losing I reduce
to ride out the bad streak. Most gamblers bet more when losing and it leads
to losing it all.
legendary
Activity: 1848
Merit: 1000
 I think it has a lot to do with the game you are playing, poker for sure luck is only a small part of it, something like slots however is pure luck.
hero member
Activity: 770
Merit: 500
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inventing a strategy that might help you to win is a great idea and it might actually make your chances bigger to win though i believe that the luck is still the main thing that makes you loose or win thats why i gamble really rarely to avoid loosing a lot of money
legendary
Activity: 1526
Merit: 1000
i honestly dont think that the opinion you said is true i usually try to manage my funds and have good strategies though i never win anything decent in gambling i guess that luck is much more important in gambling than you stated in the first post thats why i usually dont gamble

You can't come up with a strategy to beat the house edge in many casino games, there is just no way. In those games the only thing you can do is be lucky.
sr. member
Activity: 299
Merit: 250
i honestly dont think that the opinion you said is true i usually try to manage my funds and have good strategies though i never win anything decent in gambling i guess that luck is much more important in gambling than you stated in the first post thats why i usually dont gamble
Thanks for your frank opinion. in fact i too lost so much.. but now i am slowly getting win.. may be it is also luck...
hero member
Activity: 658
Merit: 500
i honestly dont think that the opinion you said is true i usually try to manage my funds and have good strategies though i never win anything decent in gambling i guess that luck is much more important in gambling than you stated in the first post thats why i usually dont gamble
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