Topic: In gambling 75% of wins depend on strategy and money management. (Read 1162 times)
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
December 20, 2015, 01:51:24 AM
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...
But this is all excluding the maintenance and stuff.
December 20, 2015, 12:21:55 AM
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...
December 20, 2015, 12:12:10 AM
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.
December 19, 2015, 08:19:15 PM
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.
December 19, 2015, 08:12:00 PM
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.
December 19, 2015, 08:11:36 PM
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..
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..
December 19, 2015, 07:57:36 PM
seems upside down I would say it is all about luck. maybe 98% on luck, 2% strategy and money management. its true
December 19, 2015, 07:53:09 PM
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
December 19, 2015, 07:21:26 PM
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
Unless you have now edge, like sport bets, or find a positive edge, you'll lose in the long run no matter what
December 19, 2015, 06:41:08 PM
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.
December 19, 2015, 06:31:07 PM
In my view 99% of wins depend of luck.
December 19, 2015, 06:15:47 PM
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.
December 19, 2015, 05:53:15 PM
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).
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
December 19, 2015, 05:49:42 PM
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.
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.
December 19, 2015, 05:30:11 PM
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.
December 19, 2015, 03:06:02 PM
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
December 19, 2015, 02:59:23 PM
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.
December 19, 2015, 12:05:20 PM
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... December 19, 2015, 11:38:30 AM
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
December 19, 2015, 11:35:25 AM
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
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
December 19, 2015, 11:27:17 AM
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.
December 19, 2015, 11:13:45 AM
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.
December 19, 2015, 11:12:09 AM
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...
December 19, 2015, 10:44:28 AM
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
December 19, 2015, 10:41:33 AM
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 December 19, 2015, 10:39:32 AM
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.
December 19, 2015, 10:34:04 AM
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..
December 19, 2015, 10:19:21 AM
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
December 19, 2015, 10:08:22 AM
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.
December 19, 2015, 10:02:06 AM
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 December 19, 2015, 09:57:08 AM
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.
December 19, 2015, 09:53:44 AM
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..
December 19, 2015, 09:27:09 AM
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.
December 19, 2015, 09:12:44 AM
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
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...
December 19, 2015, 08:52:18 AM
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
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
December 19, 2015, 08:49:22 AM
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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