Topic: Is gambling all about luck? - page 17. (Read 6421 times)

You are on point my friend, in trading, we can be so strategic and managerial and they will help us not only to know the right direction of the market so that we can win if we plan the position well and this will also enhance our account security by managing our position and account for us. This is a little bit possible in some games in gambling as well, but in most of them, the effort of the gambler will always be futile, and as you said, it is all about luck which I will agree with in this category, yet, the gambler must work on his instinct and have some preference of time and reservation in some of these games.

Now, whether the gambler knows how to bet on these games you mentioned very well or not, there will always be a little effort to make to profit with them but more reliance on luck must happen. So the two have to mix in this, and the same goes for almost all the games in casinos. But not of sportsbooks, at least most of the games could even be more of the function of how good the gambler is in predictions and all that just like how it is in trading. In all, gambling relies more on luck so much that even if the gambler is such that is good at what he does, luck is still needed even if it is just an expression as I like to view it at the end of the winning, the outcome is not something that anyone can predetermine based on how good and experienced they are in playing the games.

One shouldn't really depend on gambling as his main income. Gambling is risky. It has a lot of consequences when you lose control, winning isn't guaranteed, and therefore income isn't as secured as having a stable job to pay for your bills and to buy food. If you will engage in gambling, make sure to only do it moderately and responsibly. You don't want to lose all your money in a snap because you deposited it in a casino website thinking you could double or even triple it overnight. There's no such thing as instant money. If you will have to resort in gambling as your side hustle to make additional income, be sure to be knowledgeable first. You need to have what it takes to be successful in gambling such as determination, information, skills, strategies, and luck. Otherwise, your money will be gone in a blink of an eye.

There is nothing wrong with planning to get money from gambling but don't expect too much to always win because in fact gambling is completely dependent on luck, making gambling as a source of income is indeed riskier because it is like doing work, even though there are other jobs that provide a definite salary while the profits gambling is uncertain. In each casino game there are different opportunities to make a profit, but actually the way it works is the same, namely relying on luck, if you are not lucky then you will be faced with a loss.

And it is true that gambling is always profitable, of course there are many gamblers who are rich because they can make a profit just by relying on luck. But the public seems to already understand how gambling works so there are some gamblers who are not really involved with income from gambling so they just take advantage of it time by gambling without thinking about profits.

Luck plays a huge role in gambling. It's not a game with certain results. Gamblers know about this but try to beat around the bush with winning strategies, which doesn't happen. Vendors even sell predictions to gambler, and it won't play accurately. So, gambling is a personal arrangement between the gambler and the house. The player needs to have a personal skill he uses to try different means of beating luck. Though it's not possible to beat the house edge, but with a little bit of luck a gambler can win more money that he'd ever imagined in his entire life. That feeling of being rich came to play, the gambler may not be able to get hold of previous days lifestyle before the day he won big. His price increases, change of utilities and wagering high amounts on gambling. Which dwindles the amount of money left in the player's bank roll.

Gambling fascinates me as mental gymnastics. It can be a treasure trove if you play your cards well. I've always thought a good gambler is a mathematician and psychologist. You calculate odds, read individuals (or the scenario online), and act. This delicate interplay of numbers and intuition thrills me.

When discussing tricks and luck, I've always favored strategy. A lucky break is wonderful, but I feel more in control when I use my game knowledge. Understanding patterns, reacting to the game's flow, and trusting your instincts are key. Luck feels like a bonus, not a need.

Last but not least, gambling is fun. Its a distraction and a rewarding sort of entertainment when used appropriately. I consider it a hobby where winning is as fun as playing. Sharing tales and tips makes this forum more fun.

Most of those who have won want to repeat their win by gambling again. Unfortunately, they couldn't get another win for a while, and that made them curious, so they continued their gambling game. Yes, gambling depends on luck, but there are indeed gambling games that rely on skill and knowledge to play gambling. But still, if you don't have luck, it will be difficult for you to win, and there is a possibility that you will lose a lot of money, especially if you don't have self-control in gambling. We should not put too much hope in gambling to win and make money because gambling is just entertainment. And the longer you gamble, there is a possibility that you will experience loss, so you should always limit your gambling.

I would like to point out that casinos, slot machines or online gambling and sports betting are different things. In casinos, online bandits and similar slot machines, people lose money because the machine is set up this way and a person does not see how honestly the machine works. in sports betting, a person immediately sees how these teams played and the result of the boxing match. I also agree that sports betting can be calculated, although it is not easy to do.

You can earn something in gambling, but most likely these earnings will not be permanent, I draw some analogies with trading, there will always be winning and losing bets, and how good a gambler you are will determine your balance for a period, a week or a month.

In gambling, there are games in which you can rely only on luck, like roulette, but there are other games in which the result will largely depend not only on luck, but also on your skills and knowledge. If you choose a narrow direction and work in it, then over time the results can improve.

Well making money from gambling is a good option and this is an effective tool from which you can earn a lot of money in a short period but this is only effective when you have control your greedy nature. Most people come to gambling and decide that they would not fall in addition to gambling but after some time they get addicted and from that stage, they fall. if I talk about luck and individual tricks then they both are compulsory for gambling when you know the tricks and have full statistics about what and how will you do will be beneficial and when you have a bit of good luck then this is what we call treasure. So both are necessary for increasing the winning ratio of gambling.

1000 odds is just too much. I played mostly accumulated bet and i play odds between 30- 50 odds. And most times I don't pick all this games in a day. Mostly between 3 days especially Friday, Saturday and Sunday. What normally affect gamblers with accumulated bet is picking so many games within a day. This make the chances of winning very low. Although single game may be profitable but it requires more fund.

Gambling nis mostly 95% luck, I'm saying this from my most recent experience, since the first of January I have suffered losses with 1 cut on my tickets, and the most annoying part has to be that these are game that should have been won on a normal day but it really saddens me how it happens that these game were just lost due to one goal or one Conner kick. So I concluded that if not for luck why wouldn't such games be won so it most definitely luck, because these games are expected to be won going by statistics and all.

It is better not to plan to earn money from gambling, especially if gambling is not the main source of income, it would be better to earn in some other way. Gambling earnings are uncertain and these earnings are not in a systematic way. It is not guaranteed that every bet in gambling will result in profit but it is certain that every bet in gambling will result in loss.
Gambling depends a lot on luck but if luck favors many can become rich overnight from gambling and many can go from rich to poor due to failure of luck. No matter how much gambling technique or experience you have, losing or going bankrupt in gambling is really a matter of luck. Gambling essentially leads to an uncertain future and every gambler is attracted and addicted to this game of fortune knowing this eternal truth.

You wrote correctly that the ability to buy cheaper and sell for a high price plays a very important role in trading, and the influence of luck is not very great there. But gambling can be different. For example, in plinko, dice and roulette, the player does not influence the game at all, but only hopes for luck. In poker or batting, the player has a pretty strong influence on the game and luck no longer has a strong influence here.
Therefore, there are many strategies and tactics, and perhaps even more of them than in the technical analysis of traders.

I must say that modern gambling is beginning to look more and more like trading. You know, gambling does not stand still, it develops. And new trends are gradually penetrating into them too. Now there are, for example, betting platforms that have new betting models. For example, like on the Polymarket platform or earlier on FTX. You have an event that can end in several ways. For example, elections in the USA. Trump may win in 2024, or Biden may win. Trump betting is like this: you can buy a “YES” coin, or you can buy a “NO” coin. And then trade them. This is somewhat similar to derivatives in that they have an expiration date.

I know that is different but I don't have any prove of luck when I gamble but I have the small prove of luck when I'm treading that's the reason I show it here. Both are totally different earning sector and the strategy are fully different here. Im just showing luck how it's work. Luck work but not all time but luck work.

For me, the only way we can strive for what is possible is to only reduce the numbers of accumulated games, I discovered that the reason behind many loses is do to higher numbers of game. The strategy i see that makes the win rate high is Playing with lesser odd than higher odd like playing a single game with 2 or 3odd with $50 to win $100 or $150 than playing accumulated games of about 1000odd to play with $1. Atleast the wining Chance will be better than the accumulated games with higher odd.

Traders who make their trades without going through analysis using trading knowledge can be said to be gamblers because they only guess or only use feelings, while gambling, especially games based on luck, are only activities without analysis so the two are different but will be the same when people make trades only by guessing.
And not all gambling games are purely due to luck there are games or types of gambling that require skills and knowledge because they can be analyzed and with good skills the chances of winning will be better too, but often people always think gambling is pure luck but actually that's not entirely true

Exactly, I totally agree with your statement that expertise only applies in sports betting and others that have a real history to predict and analyze, if you have skills in the world of sports then obviously I would prefer you or anyone to better choose this type of bet because with the skills you have at least you will be able to get closer to victory, this bet is like combining skill with luck. But if you bet on types of gambling like slots then obviously you can't apply any skills, analysis or strategy there, all of that will be in vain because this bet is purely based on luck, simply put if you are unlucky then obviously you will lose. Therefore, more gamblers are addicted to this type of betting because of the inability to accept the fact that they lose more often than win because it is difficult to get lucky in a row.

But even though there is a significant difference between the two types of betting, my advice is that you should have a good approach and only put small amounts even if you have good skills in sports because in any bet you can't completely avoid the possibility of risk, so this method is good for prevention.

It is clear, because in my opinion, it is also something that cannot be denied, because it is the rule that the house edge will always win, of course they set up the casino for the purpose of making profits from many people, so there is no way that the house edge can lose, and if someone does get a win, it is because they are lucky, because it is luck that can provide victory in gambling. you should realize that the purpose of the casino is to make a profit, not to provide profit, especially easily, it is impossible.

It is true, because if you are lucky even with a small amount of bets, you will definitely get a win, many people bet with a large amount of bets with the aim of getting a big win even though if they look at the side of luck it is not necessarily that it will result in victory,  but if they have luck in gambling, even if it is a small amount of bets then nothing is impossible, victory will definitely be obtained if they have luck in gambling.

It seems that the word luck is not appropriate when compared with defeat, perhaps the word unlucky is more appropriate. Because the word luck is suitable for those who win at gambling. because it feels very strange to hear "I lost gambling because of luck".

Luck in gambling does exist, but we don't always rely on luck to win. Luck must also be accompanied by strategy and analytical skills in playing sports betting. without a strategy, your luck in winning is very small and vice versa. So it's a good idea for both of them to collaborate in gambling.