Pages:
Author

Topic: In gambling, Money is more important than knowledge and luck - page 9. (Read 8200 times)

hero member
Activity: 658
Merit: 501
Hackers please hack me .... if you can :)
Money is clearly more important than knowledge. I don't think its more important that luck though because if you have good luck money comes in second place then. For example if you hit the jackpot with very few spins it is not that important how much money you had in your bankroll you won it big. In this sense luck is more important but when you are having bad luck if you have a higher bankroll you can turn this bad luck into a good luck after some time so in this other sense money is more important.
legendary
Activity: 1134
Merit: 1598
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.

For me it is knowledge. Because even if you start with a small amount it can get big with your knowledge on how to play it. If you have the right knowledge you will know when to stop playing and control yourself from getting greedy. Luck is just a bon  us in gambling it doesn't happen everytime.

But until you get this knowledge you're talking about, you'll keep on loosing and loosing. It's part of the game. Controlling yourself is the hardest part of it.
hero member
Activity: 700
Merit: 500
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.

For me it is knowledge. Because even if you start with a small amount it can get big with your knowledge on how to play it. If you have the right knowledge you will know when to stop playing and control yourself from getting greedy. Luck is just a bon  us in gambling it doesn't happen everytime.
hero member
Activity: 2520
Merit: 605
Money is the one that we need to control while knowledge is gained by experience (especially in gambling websites). Many times we use our instinct and win games but luck is a rare factor. It's not that people who win big have a lot of knowledge or are very lucky but it's just that they must have had a good experience while gambling which should be the most important factor of all.
hero member
Activity: 882
Merit: 500
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.
Well i think the most important one of those three is money since you can't gamble without it. And you can only manage to get profit if you have enough knowledge on what you are doing.
I don't think knowledge provides any advantage when gambling on luck based games, money and luck is the most important thing in gambling to make profit. Cheesy
Yes according to me also The Money is the first part we must need this otherwise betting is not possible. And rest of two will depend on what games we play. Suppose if we choose slot games then we must need Luck. And in sports betting and poker games with our Knowledge, we can manage our bets.
Money is the most important of all as everyone needs to know that knowledge does not help at all times and luck is something we can not depend on or change. One thing that's in our hand and important is money as that's the reason we are into gambling field and each bet involves some money to allow us to keep on gambling. Without money we will be out of gambling literally.
newbie
Activity: 12
Merit: 0
I would like to say that knowledge is power. So in having that knowledge wouldn't it be the only thing that you need to out do the casinos at their own game?
Sure luck can play a role in you winning or losing but you can not rely on that all the time.
I try not to put money on a pedestal because as my great grand father told me once "Without your health money is nothing to you in this world." There is always ways to make some money but without your health (mental health not just your body he was talking about as well.) you don't have the resource to be able to do that.
I agree with you as knowledge can help you a lot while placing a bet and not only in casino games or sports, sometimes it helps you in other games too like dice. There are some people who are experts in permutations and combinations who always are able to guess the next number and it helps them a lot. Luck is not in one's hand and money needs to be managed well.

Yeah. If you only have a large bankroll but no knowledge you will be burning through your cash pretty fast. To be successful in gambling you need to have both. You need the understanding of the game to know when to bet big and when to bet small. But you also need the funds to survive some bad beats in a row.

Having big bankroll alone is not enough to be successful in gambling. You need to also have that skill on how to properly manage your bankroll and at the same time calculate the losing streak you can take and win in the long run. You must have idea on as to when to bet and how much are you going to bet for that session. If you lose on that session, you still have plenty more as you have properly managed your bankroll.
legendary
Activity: 1834
Merit: 1008
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.
Well i think the most important one of those three is money since you can't gamble without it. And you can only manage to get profit if you have enough knowledge on what you are doing.
I don't think knowledge provides any advantage when gambling on luck based games, money and luck is the most important thing in gambling to make profit. Cheesy
Yes according to me also The Money is the first part we must need this otherwise betting is not possible. And rest of two will depend on what games we play. Suppose if we choose slot games then we must need Luck. And in sports betting and poker games with our Knowledge, we can manage our bets.

Yeah that is the right choice money is really everything in gambling and knowledge doesnt have anything to do with gambling becausw without knowloedge you still can win a lot of money if you have luck. Huge amount of money will slightly boost your luck too so I think money and luck will be best to get if you want to gamble
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I would like to say that knowledge is power. So in having that knowledge wouldn't it be the only thing that you need to out do the casinos at their own game?
Sure luck can play a role in you winning or losing but you can not rely on that all the time.
I try not to put money on a pedestal because as my great grand father told me once "Without your health money is nothing to you in this world." There is always ways to make some money but without your health (mental health not just your body he was talking about as well.) you don't have the resource to be able to do that.

this is a good statement and i really like it. with knowledge we can get money, but without health, we are nothing. so i think it will be health, knowledge, then money. because with being healthy, we can do whatever we want. we can do jobs, gambling, or other activity. this is just my opinion.
hero member
Activity: 1694
Merit: 516
I would like to say that knowledge is power. So in having that knowledge wouldn't it be the only thing that you need to out do the casinos at their own game?
Sure luck can play a role in you winning or losing but you can not rely on that all the time.
I try not to put money on a pedestal because as my great grand father told me once "Without your health money is nothing to you in this world." There is always ways to make some money but without your health (mental health not just your body he was talking about as well.) you don't have the resource to be able to do that.
I agree with you as knowledge can help you a lot while placing a bet and not only in casino games or sports, sometimes it helps you in other games too like dice. There are some people who are experts in permutations and combinations who always are able to guess the next number and it helps them a lot. Luck is not in one's hand and money needs to be managed well.

Yeah. If you only have a large bankroll but no knowledge you will be burning through your cash pretty fast. To be successful in gambling you need to have both. You need the understanding of the game to know when to bet big and when to bet small. But you also need the funds to survive some bad beats in a row.
hero member
Activity: 742
Merit: 500
I would like to say that knowledge is power. So in having that knowledge wouldn't it be the only thing that you need to out do the casinos at their own game?
Sure luck can play a role in you winning or losing but you can not rely on that all the time.
I try not to put money on a pedestal because as my great grand father told me once "Without your health money is nothing to you in this world." There is always ways to make some money but without your health (mental health not just your body he was talking about as well.) you don't have the resource to be able to do that.
I agree with you as knowledge can help you a lot while placing a bet and not only in casino games or sports, sometimes it helps you in other games too like dice. There are some people who are experts in permutations and combinations who always are able to guess the next number and it helps them a lot. Luck is not in one's hand and money needs to be managed well.

for me Luck is the most important key in gambling and second is knowledge. it is a matter of probability on winning and losing in gambling. No pattern and formula for that, even if it have a pattern, i think normal human will never be unlock it since casino and other dice game is using a different kind of script. And for probability based game, People with knowledge but without luck is always losing the game. Even if albert einstein play it. i think he will not guarantee his win. So far i can't see any person who gamble and never been lose. and if that happened, i think im wrong with my opinion. And knowledge will be better than luck
legendary
Activity: 1232
Merit: 1029
I would like to say that knowledge is power. So in having that knowledge wouldn't it be the only thing that you need to out do the casinos at their own game?
Sure luck can play a role in you winning or losing but you can not rely on that all the time.
I try not to put money on a pedestal because as my great grand father told me once "Without your health money is nothing to you in this world." There is always ways to make some money but without your health (mental health not just your body he was talking about as well.) you don't have the resource to be able to do that.
I agree with you as knowledge can help you a lot while placing a bet and not only in casino games or sports, sometimes it helps you in other games too like dice. There are some people who are experts in permutations and combinations who always are able to guess the next number and it helps them a lot. Luck is not in one's hand and money needs to be managed well.
hero member
Activity: 532
Merit: 500
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.
Well i think the most important one of those three is money since you can't gamble without it. And you can only manage to get profit if you have enough knowledge on what you are doing.
I don't think knowledge provides any advantage when gambling on luck based games, money and luck is the most important thing in gambling to make profit. Cheesy
Yes according to me also The Money is the first part we must need this otherwise betting is not possible. And rest of two will depend on what games we play. Suppose if we choose slot games then we must need Luck. And in sports betting and poker games with our Knowledge, we can manage our bets.
hero member
Activity: 490
Merit: 500
I would like to say that knowledge is power. So in having that knowledge wouldn't it be the only thing that you need to out do the casinos at their own game?
Sure luck can play a role in you winning or losing but you can not rely on that all the time.
I try not to put money on a pedestal because as my great grand father told me once "Without your health money is nothing to you in this world." There is always ways to make some money but without your health (mental health not just your body he was talking about as well.) you don't have the resource to be able to do that.
sr. member
Activity: 294
Merit: 250
Luck is the main factor in gambling then money then knowledge.if you don't have good luck you will all your money much money you have and also don't work knowledge in gambling.Everyone have initial money to start gambling if your luck with you will win every time Grin
legendary
Activity: 1400
Merit: 1009
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.
Well i think the most important one of those three is money since you can't gamble without it. And you can only manage to get profit if you have enough knowledge on what you are doing.
I don't think knowledge provides any advantage when gambling on luck based games, money and luck is the most important thing in gambling to make profit. Cheesy
copper member
Activity: 1386
Merit: 1000
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.

LOL its obvious money is most Important. if you dont have money you can not think about gamble your money. And yes second factor is knowledge, i must say its probably your experience. and your previous bets. You need to see your previous bets streaks and play according to them just wager few smaller bets and than make few high bets and see the better results than just making random bets. And in the last kost important is your Luck, and i think its important if the site is provably fair.
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
You will need them all, Money for capital, knowledge for advantage/manage as you've said and luck for extra confidence/win according to you. In some games like those plinko, you will need  more money and luck there, and not much knowledge. In the title of your thread, it looks like that money should be the most important, which I think too.
hero member
Activity: 1498
Merit: 547
Pugs are the best!
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.
Well i think the most important one of those three is money since you can't gamble without it. And you can only manage to get profit if you have enough knowledge on what you are doing.
sr. member
Activity: 268
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
well as more money people have the more possibilities to win smaller amounts of money, i guess you might be true
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
Money is important and luck also... Both are very important if you are betting on dice and any alike games... But in gambling like poker and sports betting, You will need knowledge, that would give you extra advantage on those..But of course, all this three are very important in gambling...  Smiley
Pages:
Jump to: