Pages:
Author

Topic: In gambling, Money is more important than knowledge and luck (Read 8223 times)

hero member
Activity: 588
Merit: 500
I think luck is much more important. There is no knowledge to know only playing the game. Money only gives you more chances/turns.
But with luck you only need to be lucky once to win and you only need to win once. If you win millions on the first time you can stop you don't need more money as you had the best luck possible.
Luck is important, yes, because that's where your fate in gambling depends on. Money is also important because the higher your bet, the higher profits you'll get. But I think knowledge is important too. How can you place a bet if you don't know how the game works? Without knowledge, you can't identify if you're about to win or not. You have to make decisions in gambling and knowledge is needed for that. Knowledge and luck are needed to win in gambling.
hero member
Activity: 1120
Merit: 507
when you are extremely lucky, many small bet amount also more than enough to make you rich are still I doubt about making millions of dollars from gambling because no one will be that much extremely lucky gambler all the times.
As per current trend of gambling sites, one person may turn a gambler with zero bankroll. But he definitely needs luck to continue his gambling. When the gambler is a lucky person, he will be able to add more profits to his bankroll but definitely he must need knowledge in order to protect his profits.

I believe luck is the first thing we need to sustain with gambling and knowledge will help us to protect our money. But if you are having big amount of money, you will get chances to make quick profits as lucks favour is only for short duration.
hero member
Activity: 840
Merit: 501
Strength in Numbers
Money to start.
Knowledge to manage.
Luck to win.
All three has their own importance and individual role in gambling. But which is most important one for gambling. Can we manage to be profitable with any one of them. What is your opinion.

I think luck is much more important. There is no knowledge to know only playing the game. Money only gives you more chances/turns.
But with luck you only need to be lucky once to win and you only need to win once. If you win millions on the first time you can stop you don't need more money as you had the best luck possible.

Money is given to be there if you are going to start to gamble. And knowledge, luck plus skills are altogether needed if you are going to gamble.

And all those three will be useless if you don't have money, so it is important in the sense of starting out.

But when you already gamble, then those 3 are important now. All of them are important just always remember, gamble what you afford to lose.
hero member
Activity: 1162
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
Money to start.
Knowledge to manage.
Luck to win.
All three has their own importance and individual role in gambling. But which is most important one for gambling. Can we manage to be profitable with any one of them. What is your opinion.

I think luck is much more important. There is no knowledge to know only playing the game. Money only gives you more chances/turns.
But with luck you only need to be lucky once to win and you only need to win once. If you win millions on the first time you can stop you don't need more money as you had the best luck possible.
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
Money and luck are more than enough for a successful gambling. More particularly, only luck is more than enough as it will get you more money to continue your gambling.
Many gambling sites are giving free credits to start your gambling life, if you're lucky enough you would manage to make even million dollars from those free credits, yes only luck is needed.
Million dollars from free credits ? Very nice to hear but really harder to achieve.
But you got the point, like if we are lucky person then we can make our life's entire fortunes just from free faucet earning of a gambling site itself. But, when you are betting with very low amount you cannot expect big fortunes out of it.
But when you are extremely lucky, many small bet amount also more than enough to make you rich are still I doubt about making millions of dollars from gambling because no one will be that much extremely lucky gambler all the times.

Luck comes and goes, that is the reason it is playing vital role while gambling. Knowledge and money are coming only after luck.
Gambling is not a place to be come rich it is impossible that your small amount in some games online can make your rich it is impossible to me..
Unless if you are buying ticket for lottery that can get and hit the exact digit and get the millions of money prize..
hero member
Activity: 1092
Merit: 523
Money and luck are more than enough for a successful gambling. More particularly, only luck is more than enough as it will get you more money to continue your gambling.
Many gambling sites are giving free credits to start your gambling life, if you're lucky enough you would manage to make even million dollars from those free credits, yes only luck is needed.
Million dollars from free credits ? Very nice to hear but really harder to achieve.
But you got the point, like if we are lucky person then we can make our life's entire fortunes just from free faucet earning of a gambling site itself. But, when you are betting with very low amount you cannot expect big fortunes out of it.
But when you are extremely lucky, many small bet amount also more than enough to make you rich are still I doubt about making millions of dollars from gambling because no one will be that much extremely lucky gambler all the times.

Luck comes and goes, that is the reason it is playing vital role while gambling. Knowledge and money are coming only after luck.
legendary
Activity: 1232
Merit: 1029
Money and luck are more than enough for a successful gambling. More particularly, only luck is more than enough as it will get you more money to continue your gambling.
Many gambling sites are giving free credits to start your gambling life, if you're lucky enough you would manage to make even million dollars from those free credits, yes only luck is needed.
Million dollars from free credits ? Very nice to hear but really harder to achieve.
But you got the point, like if we are lucky person then we can make our life's entire fortunes just from free faucet earning of a gambling site itself. But, when you are betting with very low amount you cannot expect big fortunes out of it.
hero member
Activity: 910
Merit: 500
I think luck is the most important in gambling, you need knowledge to know when to stop and how to limit your lost and of course you need money to start gambling and sometimes bigger bankroll can prevent you from losing if you are using martingale, but knowledge and money is useless without luck in gambling, if you are keep on losing, your money will gone and you don't need knowledge to manage your profit

Luck is not important in my opinion. Like what a lot of people say, the house edge will ensure that you lose in the long run. With luck, you may be able to win even with the disadvantage but in the long run, luck still cant make you go positive.

I second the motion, basically in most of the fields that  a certain person is trying to be in it is purely about working hard then when working hard you absolutely going to earn the skills that you will be needing same with gambling. Luck may just be a bonus.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!

Luck should always comes first, then knowledge and money...If you have knowledge and money and you are not lucky, your bankroll will just be a giveaway...Knowledge can only be acquire in gambling thru experience and that means you have to learn it along the way while you are betting... But if you are into sports betting, then knowledge could give  you a little more advantage in betting...  Smiley

I like your ranking and I agree that luck should comes first. If luck  is in your not knowledgeable enough you will win and will be surprised in the turning of events. Playing or gambling with money or chasing money as a goal is not good strategy as you will be stressed if you lose consecutively.
For me i disagree because how can you play if you dont have any amount of money ,so my ranking is money is the first ,for second is luck and third is knowledge .In my own opinion you cant only play with your luck alone ,money and knowledge it must be always the three of them .
Well for gambling, of course you should have a little money in order for you to bet. I think that's a given. But when you're into gambling already, i think luck would be the one that will make the most difference among the selections. I mean if you don't have money then don't gamble simple as that. If you're lucky, a single lottery ticket that doesn't cost much would change your life
hero member
Activity: 728
Merit: 500
Definitely money has its own importance along with luck in gambling to win. I will second you that if you are lucky and can not fund your projects or simply place any bet to be able to make more then what sense has to have luck. Luck is also dependent on money and they all are dependent on one another somehow.
hero member
Activity: 1820
Merit: 537

Luck should always comes first, then knowledge and money...If you have knowledge and money and you are not lucky, your bankroll will just be a giveaway...Knowledge can only be acquire in gambling thru experience and that means you have to learn it along the way while you are betting... But if you are into sports betting, then knowledge could give  you a little more advantage in betting...  Smiley

I like your ranking and I agree that luck should comes first. If luck  is in your not knowledgeable enough you will win and will be surprised in the turning of events. Playing or gambling with money or chasing money as a goal is not good strategy as you will be stressed if you lose consecutively.
For me i disagree because how can you play if you dont have any amount of money ,so my ranking is money is the first ,for second is luck and third is knowledge .In my own opinion you cant only play with your luck alone ,money and knowledge it must be always the three of them .
hero member
Activity: 1414
Merit: 505
Backed.Finance

Luck should always comes first, then knowledge and money...If you have knowledge and money and you are not lucky, your bankroll will just be a giveaway...Knowledge can only be acquire in gambling thru experience and that means you have to learn it along the way while you are betting... But if you are into sports betting, then knowledge could give  you a little more advantage in betting...  Smiley

I like your ranking and I agree that luck should comes first. If luck  is in your not knowledgeable enough you will win and will be surprised in the turning of events. Playing or gambling with money or chasing money as a goal is not good strategy as you will be stressed if you lose consecutively.
hero member
Activity: 644
Merit: 500
I think luck is the most important in gambling, you need knowledge to know when to stop and how to limit your lost and of course you need money to start gambling and sometimes bigger bankroll can prevent you from losing if you are using martingale, but knowledge and money is useless without luck in gambling, if you are keep on losing, your money will gone and you don't need knowledge to manage your profit

Luck is not important in my opinion. Like what a lot of people say, the house edge will ensure that you lose in the long run. With luck, you may be able to win even with the disadvantage but in the long run, luck still cant make you go positive.
I think you need luck but not only luck you need to be able to make a good profit you should have control your self and don't be greedy even you are lucky an if you are greedy you can be still lose.. so luck and control your greed can you make a good profit.
For me luck is the most important in gambling. money sometimes you can still play a game even with a minimal bet/capital.. Skills applies when you play poker, sports betting..and Luck should be always with you on any game you play because no matter what the odds are you still have a chance to win.
legendary
Activity: 1638
Merit: 1046
I think luck is the most important in gambling, you need knowledge to know when to stop and how to limit your lost and of course you need money to start gambling and sometimes bigger bankroll can prevent you from losing if you are using martingale, but knowledge and money is useless without luck in gambling, if you are keep on losing, your money will gone and you don't need knowledge to manage your profit

Luck is not important in my opinion. Like what a lot of people say, the house edge will ensure that you lose in the long run. With luck, you may be able to win even with the disadvantage but in the long run, luck still cant make you go positive.
I think you need luck but not only luck you need to be able to make a good profit you should have control your self and don't be greedy even you are lucky an if you are greedy you can be still lose.. so luck and control your greed can you make a good profit.
legendary
Activity: 1386
Merit: 1016
I think luck is the most important in gambling, you need knowledge to know when to stop and how to limit your lost and of course you need money to start gambling and sometimes bigger bankroll can prevent you from losing if you are using martingale, but knowledge and money is useless without luck in gambling, if you are keep on losing, your money will gone and you don't need knowledge to manage your profit

Luck is not important in my opinion. Like what a lot of people say, the house edge will ensure that you lose in the long run. With luck, you may be able to win even with the disadvantage but in the long run, luck still cant make you go positive.
legendary
Activity: 1666
Merit: 1001
I think luck is the most important in gambling, you need knowledge to know when to stop and how to limit your lost and of course you need money to start gambling and sometimes bigger bankroll can prevent you from losing if you are using martingale, but knowledge and money is useless without luck in gambling, if you are keep on losing, your money will gone and you don't need knowledge to manage your profit
hero member
Activity: 1470
Merit: 655
I would have to rank Knowledge first, then luck, and money last. Having lots of money doesn't necessarily mean you win in gambling. It just means you can afford to lose more. Having more knowledge in gambling and how to gamble is far better as it is what stops us from losing even more money.

i think money and knowledge should work together otherwise they can not be used successfully alone.

imagine you have a lot of knowledge and experience in some game but you only have a very small amount like faucet payment to work with. or imagine you have lots of money but don't know how to play any of the games!

and luck is just the bed these two are floating in Cheesy
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
I would have to rank Knowledge first, then luck, and money last. Having lots of money doesn't necessarily mean you win in gambling. It just means you can afford to lose more. Having more knowledge in gambling and how to gamble is far better as it is what stops us from losing even more money.
You may get chances to rank up your money and knowledge, but I could not understand how you will rank up your luck.

The luck factor is totally out of our control. But unfortunately that is the most needed thing for a successful gambling experience. Luck alone is more than enough in my opinion, as it will bring more money also I believe knowledge has no role in gambling.
Yes, you are right. Money and luck are more than enough for a successful gambling. More particularly, only luck is more than enough as it will get you more money to continue your gambling.
Many gambling sites are giving free credits to start your gambling life, if you're lucky enough you would manage to make even million dollars from those free credits, yes only luck is needed.

Can't really just rely on luck, that's too muck luck we are talking here to make millions coming from the small free credits from the casinos. They know what they are doing of course and we may be one in a million if we can hit millions coming from nothing.

I would gamble that kind of strategy to make money because I am a little bit serious when it comes to making money in gambling.
Well that hardly applies to most gambling games though. I agree with the first few comments. Luck pretty much can change everything when it comes to gambling. You can be a newbie or someone who has a very minimal bet, it doesn't matter if you're lucky
Luck would be fine if you do not aim to win in the long run but if you want to make money, you need to win in the long run and that needs more than luck. Skills and knowledge is very important so you can maximize your winnings in lucky situation but will only minimize your loses if you are unlucky.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
I would have to rank Knowledge first, then luck, and money last. Having lots of money doesn't necessarily mean you win in gambling. It just means you can afford to lose more. Having more knowledge in gambling and how to gamble is far better as it is what stops us from losing even more money.
You may get chances to rank up your money and knowledge, but I could not understand how you will rank up your luck.

The luck factor is totally out of our control. But unfortunately that is the most needed thing for a successful gambling experience. Luck alone is more than enough in my opinion, as it will bring more money also I believe knowledge has no role in gambling.
Yes, you are right. Money and luck are more than enough for a successful gambling. More particularly, only luck is more than enough as it will get you more money to continue your gambling.
Many gambling sites are giving free credits to start your gambling life, if you're lucky enough you would manage to make even million dollars from those free credits, yes only luck is needed.

Can't really just rely on luck, that's too muck luck we are talking here to make millions coming from the small free credits from the casinos. They know what they are doing of course and we may be one in a million if we can hit millions coming from nothing.

I would gamble that kind of strategy to make money because I am a little bit serious when it comes to making money in gambling.
Well that hardly applies to most gambling games though. I agree with the first few comments. Luck pretty much can change everything when it comes to gambling. You can be a newbie or someone who has a very minimal bet, it doesn't matter if you're lucky
legendary
Activity: 1106
Merit: 1000
I would have to rank Knowledge first, then luck, and money last. Having lots of money doesn't necessarily mean you win in gambling. It just means you can afford to lose more. Having more knowledge in gambling and how to gamble is far better as it is what stops us from losing even more money.
You may get chances to rank up your money and knowledge, but I could not understand how you will rank up your luck.

The luck factor is totally out of our control. But unfortunately that is the most needed thing for a successful gambling experience. Luck alone is more than enough in my opinion, as it will bring more money also I believe knowledge has no role in gambling.
Yes, you are right. Money and luck are more than enough for a successful gambling. More particularly, only luck is more than enough as it will get you more money to continue your gambling.
Many gambling sites are giving free credits to start your gambling life, if you're lucky enough you would manage to make even million dollars from those free credits, yes only luck is needed.

Can't really just rely on luck, that's too muck luck we are talking here to make millions coming from the small free credits from the casinos. They know what they are doing of course and we may be one in a million if we can hit millions coming from nothing.

I would gamble that kind of strategy to make money because I am a little bit serious when it comes to making money in gambling.
Pages:
Jump to: