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Topic: In gambling 75% of wins depend on strategy and money management. - page 2. (Read 1160 times)

legendary
Activity: 1862
Merit: 1015
I'm wondering why some people can defeat house edge.
Is it based on experience by watching other gambler or some DNA things

No matter what do you use at gamble, maturity also affect on gambling decision since when you're loss , you must let it go or if you're still chase the loss, mostly you're going in deep trouble
hero member
Activity: 840
Merit: 1000
different gambling games have different results, in sports betting, strategy and analysis make take 50%-70%, the left is luck, soccer and baseball usually have unexpected results, which people can lose money on them, ordinary results won't lose your money, but only earn money.
legendary
Activity: 1218
Merit: 1006
I am also with you, but luck is luck we can't just say it only plays 25% fixed role sometime it also takes 99% role when wining lottery or jackpot. But basically with card games strategy and money management plays significant role.
sr. member
Activity: 299
Merit: 250
We can't say, with strategy we can win in every bet. But if we take over all.. we may get 60 to 70 percent of winning chances.. or .. i think i am getting this also with luck only.. i don't know.. my view may be wrong.. what ever it may be.. i prefer to say..we should participate in gambling with our extra money only, which we should ready to loss...
legendary
Activity: 1064
Merit: 1000
in dice game.. even though it is probably random... with good observation.. we can prepare proper strategy.. of course it may be accurate only 60 to 70 percent.. i am getting good results with pocket dice, fastdice .i don't know if it is also luck..

There are no working strategy or whatever thing that will makes you win because it is totally random and not probably random. You cant observe the pattern and hope to hit the next one with a good prediction because what you are doing is based on luck , nothing to do with strategy
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
In my view.. in gambling luck affects only 25%. remaining 75% depends on our strategy and money management.  It is my personal view, which i got with betting experience from lost few months..
for a sport betting i do agree with you because we can predict the result almost in every match with good analysis and strategy but i think it would not be working with other gambling games such blackjack, poker or dice game because i was considers need more luck to win from those games
 
legendary
Activity: 1862
Merit: 1004
In my view.. in gambling luck affects only 25%. remaining 75% depends on our strategy and money management.  It is my personal view, which i got with betting experience from lost few months..

Ok, so please share with us some of your proffered gambling strategies (that work the best for you) and tell us if you are Dice, Poker, BlackJack player itp.
Because from my perspective, knowledge and experience, there is not really long term valid strategy for anything gambling related. But maybe I am wrong?

in dice game.. even though it is probably random... with good observation.. we can prepare proper strategy.. of course it may be accurate only 60 to 70 percent.. i am getting good results with pocket dice, fastdice .i don't know if it is also luck..

Good observation of what? Do you think that if you lost 5 times in a row then 6th time will be lucky? That is completely wrong approach and it is part of gambler's fallacy.
sr. member
Activity: 299
Merit: 250
in dice game.. even though it is probably random... with good observation.. we can prepare proper strategy.. of course it may be accurate only 60 to 70 percent.. i am getting good results with pocket dice, fastdice .i don't know if it is also luck..
hero member
Activity: 658
Merit: 500
i dont think so to be honest i believe that its 50 on management and strategies and another 50 on luck, if it would be 75 per cent on strategies much more people would win a lot
legendary
Activity: 1120
Merit: 1000
To be honest, I don't think it is meaningful to try to give an universal number since all the games are so different in nature. On one hand, dice has no skill involved and luck is the only factor in deciding your bet result. On the other hand, poker has a huge skill factor and luck is just a small factor in it as long as you are not playing for only a few hands.
hero member
Activity: 952
Merit: 1000
www.pumpmycoin.com
In my view.. in gambling luck affects only 25%. remaining 75% depends on our strategy and money management.  It is my personal view, which i got with betting experience from lost few months..
catching all the nuances and subtleties of gambling , be it roulette or sports betting, best to stay in good profit, for this the need a long observation and analysis, the so-called gain experience, which helps or on the contrary leaves with his nose, though... is it luck or strategy. different people interpret it differently, it all depends on the personality and internal state
legendary
Activity: 1988
Merit: 1317
Get your game girl
In my view.. in gambling luck affects only 25%. remaining 75% depends on our strategy and money management.  It is my personal view, which i got with betting experience from lost few months..

I think its the other way around,ofcourse luck doesn't affect 75% but I would give 60% to luck and 40% to our strategies .You have listed the most important point that is money management .Money management comes before everything .If you can manage your money well,you can be a good gambler overall.

i gave 25% chances to luck, depending upon my experience with dice-roll and video poker. Sorry i don't have any experience with any other games.. may be you are correct if we take all games..

Sorry I didn't read that properly but yeah luck does matter a lot .Speaking of dice roll ,its truly random luck based game but you can always check the probability of your bets and bet accordingly .So there is 50% chance of win/lose .Poker ,I have not played much online but real life poker needs a lot of attention and money management .I have seen people with shittiest cards but good money skills.
sr. member
Activity: 299
Merit: 250
In my view.. in gambling luck affects only 25%. remaining 75% depends on our strategy and money management.  It is my personal view, which i got with betting experience from lost few months..

I think its the other way around,ofcourse luck doesn't affect 75% but I would give 60% to luck and 40% to our strategies .You have listed the most important point that is money management .Money management comes before everything .If you can manage your money well,you can be a good gambler overall.

i gave 25% chances to luck, depending upon my experience with dice-roll and video poker. Sorry i don't have any experience with any other games.. may be you are correct if we take all games..
legendary
Activity: 1988
Merit: 1317
Get your game girl
In my view.. in gambling luck affects only 25%. remaining 75% depends on our strategy and money management.  It is my personal view, which i got with betting experience from lost few months..

I think its the other way around,ofcourse luck doesn't affect 75% but I would give 60% to luck and 40% to our strategies .You have listed the most important point that is money management .Money management comes before everything .If you can manage your money well,you can be a good gambler overall.
sr. member
Activity: 299
Merit: 250
that's right when we are talking about poker and sportsbetting , money management and skill are essential in these
but when we are talking about -EV games , no matter how you manage your money you will end up losing everything
skills and bankroll management can help the most in +EV games

yes.. exactly.. i agree with you...
legendary
Activity: 2436
Merit: 1804
guess who's back
that's right when we are talking about poker and sportsbetting , money management and skill are essential in these
but when we are talking about -EV games , no matter how you manage your money you will end up losing everything
skills and bankroll management can help the most in +EV games
sr. member
Activity: 299
Merit: 250
In my view.. in gambling luck affects only 25%. remaining 75% depends on our strategy and money management.  It is my personal view, which i got with betting experience from lost few months..
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