Topic: Is gambling all about luck? - page 15. (Read 6463 times)

Yes, you are right. But at least gambling requires luck to win besides the things you mentioned.
Many gamblers don't understand this, so they don't study it and just place bets based on other people's predictions. But that means it will depend on the type of gambling game because if they gamble in luck-based gambling games, they really depend on their luck.
And it has become something that often happens where someone will continue to gamble if they have reached the stage of addiction. There is nothing else that concerns them apart from gambling so we must be able to avoid this for our own good too.

It is true that gambling does not depend only on luck, experience and strategy and not being addicted, all these aspects a person who observes self-sufficiently can definitely benefit from gambling. Gambling experience and risk taking are definitely possible to win when betting on gambling. Generally in gambling if I am addicted to gambling all the time without taking any risk then surely there is a possibility of loss, because gambling needs to exist.

There is really no other thing needed except really great luck in gambling.You may think that it also depend on your choices and I assume you talk about sport betting or poker,yet in sport betting it is always the referee present who can make your choice go wrong by explicitly favoring a specific team over the other,so the only real game I think which gives your skills a chance is only poker as 80% of the cases is decided by your skills and 20% is the luck in the cards you receive.

Many people think that gambling is a matter of luck in winning any bet. In my opinion, gambling depends on you yourself in determining the choices you want to play. Because gambling doesn't just rely on luck, but gambling also requires skills that you actually use in the game, so it will be very easy for you to make a profit in your bets. However, you need to remember that gambling carries a huge risk of losing money. Never judge that luck is always present in every gambling, because if you rely on luck it will definitely make you regret it later.

Gambling requires luck, but not all the time. As you said some new gamblers can win big right in front of other experienced gamblers who are struggling for a win. However, analysis work fine, but not always. Those who predict games using different form of analyzing tools or research, still end up losing. But, since a lucky person can't keep on winning, with his truckload of lucks, then gambling has no certain criterion for winning. A lucky person can be struggling to get a win. So, it's not a thing to bother about whether one requires luck or not. With the luck the win is not guaranteed. To win, one needs to be steadfast, and know his ways around the game he loves playing. Given time he'd win and make some profits. It also requires timing, if the gambler is good at knowing the way the machine works, he can take advantage of it. That's for the offline casino.

Depends actually on what kind of gambling  you are currently dealing with on which we know that there are indeed two types which is luck based and strategic based. It would really be just
that depending on what you are doing but of course luck would really be always a determining factor whether you would really be losing or winning on which it would be always that important.
The thing here you should really be having in mind is to make out those realizations whether you would really be needing to stop completely or would really be able to proceed on.
You should really just that play for fun and not for money because once you do have this kind of approach then this is where things do becomes shit.

Gambling isn't all about luck because as a gambler, you must learn how to be efficiently strategic in your gambling activities in other to increase your chances of winning your stakes but we must also not shy away from the fact that the result of ones gambling is mostly affected by how lucky he can be in his gambles.

For instance, there was this particular form gambling that requires anyone who wants to gamble on it to be well experienced in it as well as to be very strategic in other to be able to win it. But there was a day someone who haven't engaged in it before joined us to gamble and ended up winning more than any other person including the most experienced and strategic of us all. That was the day I came to terms with the fact that gambling requires more of luck than experience to get winnings.

My knowledge about gambling tells me that it's a game of luck but is not exclusive to luck for anyone to win in the game. One needs luck to win his gambling stakes but I also think that one needs to be efficiently strategic in gambling in order to win .
Having no knowledge of gambling before doing it is riskier than someone who knows much about a certain gambling platform.

Yes and that is why most of these topics where someone asks whether gambling is luck or whether there is a specific game that someone can use a special strategy for to always win, in reality don't make any sense.

First of all, if there was such a game and the casinos would notice an exploit that was legally used by a player or several players, they would remove or change the game immediately.

But secondly, if someone knew a game and knew a strategy to have an over 50% guaranteed win rate, why would that player ever share the strategy online with the community? Wouldn't ever player make use of that loophole for as long as possible without the trick getting detected? The best way to do that would be to keep the impact for a casino minimal. Hence these discussions would never lead to anyone getting effective advice online.

The house is the one that owns the business, and that is why it is difficult for gamblers to beat the house even though gamblers can win in some gambling games. But the house will still get more money from the gamblers because many gamblers don't want to give up and understand the situation.

Yes, human nature is to seek pleasure and gambling is one of the pleasures they can get even though they can get pleasure from other things. But apparently, gambling attracts more of their attention because of the possibility of winning and lots of money, so that's what makes more and more people want to try to win. And if we already know that gambling is just entertainment, we should also use gambling properly so that we won't get into trouble from gambling. When we can use gambling as entertainment, we will not exceed our limits in gambling so we will not lose more money.

Those who own casinos are the ones who make money, while the gamblers cannot all make money. More people experience defeat and thus lose their money, but that doesn't stop them from continuing to gamble because they still hope to win. Those who gamble must also know when to quit gambling before it is too late and before all their money is used up gambling. But only a few people can really stop themselves from gambling, while others will continue gambling.

Gambling solely depends on luck. The high-risk and unpredictable nature of gambling has subjected it to an enterprise of luck. However, the fact that it is a game of luck doesn't mean that background analysis of the games is not necessary. But then, those who are into football betting will agree that week in and week out, there is always upset caused by mostly big teams. A team that will be very difficult to foresee them losing. This is where a thin line is drawn between skill or experience and luck. In that instance, only luck can guarantee winning and not experience or skill because even with experience it cannot be foreseen but a gambler can be lucky to have avoided the match.

So in essence gambling does not only depend on luck. maybe I could say luck is only 40%. the rest is beyond the luck factor starting from analyzing game data, how we master gambling games, and gambling experience. So if you just rely on luck, I think you will lose more if you keep gambling. It's best if you are lucky to get a small win, just stop playing at that time.

Of course, not every gambling game purely depends on the luck. Some gambling games depend on the skills or ability. Poker is the example of gambling game which depends on the skills or the ability of gamblers. If you only expect to win it through your luck, you will never win Poker. You must take time to learn how to play effectively to win in Poker, too. So besides the ability/skills, Poker also requires proper strategy to play it.

If you talk about stats or analysis, I assume you want to describe betting. Betting still relies on the luck although we can increase the chance to win by analyzing some factors. If we bet on the football match, we must analyze the current performance of the teams. We also must understand the quality of the players of the each team.

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https://www.forbes.com/sites/forbesbusinesscouncil/2022/08/09/the-skill-based-gaming-opportunity/?sh=5f43fdf62234

Of course there is absolutely no difference from one game to another in gambling, the point is that if the type of game is available in the casino and involves money as a condition for betting then obviously the game has the possibility as you say between winning or losing, the final session will answer everything whether it will match what most gamblers want in terms of victory or just the opposite and the answer at the end of the session really depends on luck at that time, if it turns out that you win then it means you are lucky or vice versa. One of the reasons why gambling relies on luck is that all gamblers would not be averse to winning but isn't it the case that sometimes the outcome is not what is expected, right? Of course and the reason is that there is absolutely no certainty that can guarantee anyone to win in one of their sessions.

On the other hand I understand what you are saying about sports betting that indeed we can apply knowledge and skills to help us get closer to winning, but in the end you still need luck to determine and ensure, sometimes it is not uncommon for strong teams to lose to weak teams because of mistakes on the field, and isn't this unexpected, right? Obviously and therefore we need to be responsible and wise gamblers, meaning that if you do manage to get a win in one of your sessions then the best option is to "cash out early", you realize that getting a win is not easy and therefore you need to enjoy it when the situation comes rather than applying greed and chasing bigger amounts that are not necessarily successful.

I would say it depends but the truth is all gambling games still have a percentage of its possible win or loss dedicated to luck.when we make gambling stakes, we hope on winning but the truth is there is always a chance of losing. Aside the fact that all gambling games still require a fraction of luck , they don't all depend equally on luck. Some include things like experience, statistics and even proper analysis which some are just fully luck based.
Take soccer predictions for example with statistics and analysis you can raise your winning odds higher making luck to be more on your side.

There are some characteristics to distinguish it because even though most games rely on luck but on the other hand there are other situations that may also require a strategy that we must emphasize.
As you said for lotteries and slots maybe overall it is only based on luck because after all even though there are still many people who say that there is a pattern but still the rules that hold are the system of the bookie when on a site so that luck is tested in this case.

But on the other hand sportsbook there is another option apart from luck because even though there must be luck too in this case but at least statistics can sometimes be a benchmark for confidence in betting.

I mean at the meat and bone of it all gambling is nothing but chance-based. Even games with strategies involved in them. But the thing is that these people who have gambled for profit through a system didn't get to where they are just because they are lucky.

As I said they have a system of play that involved either taking calculated risks that ultimately yields them a net profit instead of losing all their money in the process, or an exploit that they found within the game's mechanics/system that they were able to capitalize. Some people are just inherently smart and are able to maximize their win conditions which therefore gives them a bigger win in the process. So while your statement is true, to say that gambling is nothing but chances just takes the reality of things away and renders people who are able to succeed in this industry (except lottery winners of course) as nothing but one-hit wonders which couldn't be farther from the truth.

If there's such thing about those exploits and ways on beating up the house or being profitable then gambling business would not be able to survive.
Reality check on which we do see the different thing. This is why it would really be that best that you should really know on when to get out when you are in profits and
then play according into yourself when seeking for fun and not for money. Gambling is really that purely based on luck, even if we do say that we are really that
playing those strategic based on which there's no assurance that you would really able to win if luck isnt there.

Well, I get where and how you understood this from. Gambling is a tricky game and the odds are rarely in our favor so mostly you also lost much sometimes. It's more about luck than any things that called tricks. But hey a bit of luck now and then keeps the hope alive right? We Gotta chase what's possible and have fun while gambling.
However, not all games have the same luck even that it plays a role in both poker and sports betting, but skill and strategy are important in them too.
In poker, skilled players can consistently make better decisions and increasing their chances of winning as we see best poker players in the world while making fortunes. While in sports betting, analyzing statistics and understanding the teams or players involved can also make your predictions way better and wiser, though surprise events can still trick us and leave us with negative outcomes. Balancing skills and luck is the key for a better experience in these games.

Once a game is considered gambling nit definitely has got a whole lot to do with luck as gambling is never about just skills even if it will require Skil but the place of luck can't be overturned except there's a fowl play which will allow the opponent win due to the fact that they have got a prior information of the possible outcome before they staked their game.

Skills and proficiency is definitely going to be an advantage to gambler's who has got them but for those who's not got neither of it will most likely be luck dependent most of the time because that's all they can fall back to if they must be able to get the best out of their gambling exploit. Gambling especially when it's solely luck dependent shouldn't be done with much risk rather a fragments of your capital been invested in it will be better so as to still maintain a safe boundary in case of possible losses.