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Topic: Is gambling all about luck? - page 18. (Read 6421 times)

legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
January 13, 2024, 02:00:05 PM
Most of gambling is about luck. But if you're looking into sports than its really about statics.
Yes, you are right, even gambling like sports betting still requires luck, luckily I prefer sports betting to casino games, for example in football matches where sometimes there is a team that is the favorite but loses to the team that is not the favorite, of course winning cannot be separated from luck. Sometimes incidents like that often happen, that's why sports betting doesn't just read statistics in predicting matches by researching in-depth information, because the importance of luck in gambling is something that is natural and almost entirely relies on random luck.

In contrast to casino games such as slot games, games that expect complete luck compared to other gambling games, that's why I'm not interested in games like slots, because I believe the game is very vulnerable to cheating, unlike sports betting which in my opinion is more logical and cannot be cheated even though there are cases of score fixing but not overall in the big leagues.  Grin
full member
Activity: 434
Merit: 202
Duelbits.com
January 13, 2024, 01:57:12 PM
We must start with the fact that the idea that I can earn a stable income from gambling is not the most correct one. We must immediately assess the situation realistically and stop dreaming. Gambling games are made for the purpose of making money, and not for the participants in these games to make money. This must be understood immediately. You have to be very careful about this
The participants too can make money too gambling, the problem has been that these gamblers appear greedy most of the time and so it has made them not to be able to make money consistently from gambling, if you are not greedy it's very possible to make money consistently gambling , I have seen people who has do so but then they were very careful of how much the stke and how much odds they were accumulating at once, I even know of a guy who gambles daily and makes money daily so I began to doubt the fact that you cannot make money gambling and that you shouldn't think that gambling can give money.

I know it's mostly made for the casino to make money and not to favour the gambler often but then if the gamblers can be disciplined enough not to allow greed set in, they can definitely make money against the casinos intent.
sr. member
Activity: 476
Merit: 337
January 13, 2024, 01:41:15 PM
Most of gambling is about luck. But if you're looking into sports than its really about statics.
Wow, I am surprised to see this.
Fuck statics, gambling is all about luck because even the one who thinks he or she is a football or game professional is losing more than he or she will win.
With all your statistics and with our luck you will still end up losing your bets, and you know what? Most times when you have waisted all your time predicting a game that you thought will never lose and you still end up staking higher amount, when you lost the bet that's when you will know that betting depends on luck and not your statics.
However, you might believe me or not, but that's the truth
hero member
Activity: 1932
Merit: 511
Vave.com - Crypto Casino
January 13, 2024, 01:41:06 PM
Finding our forte in either sports betting or casino games can be key to success in the unpredictable world of gambling. The emphasis on luck resonates, and the encouragement to persist in our gambling endeavors is a reminder that a fortunate turn might be just around the corner. It's a thoughtful perspective, highlighting the importance of both skill and chance in the pursuit of winning. Here's to staying optimistic and embracing the unpredictability of the gambling journey!
Expertise in predictions may apply in sports betting, but it doesn't apply to slots, dice players or the like, because you don't need skill to play, just hope for luck.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
January 13, 2024, 01:35:24 PM
Most of gambling is about luck. But if you're looking into sports than its really about statics.
There we're people that are perfect and good in sport bets compared to casino bets. Whatever aspect we are good in, it is better we go for it and not get stranded between the both trying to see which one will work for us. Luck is very important in gambling and we need to keep gambling so that we don't finally lose hope when the luck might be very close to us for a benefiting bets that could give us huge winnings. Luck is a factor that triggers winnings whether we merit the winning or not. The more we gamble, the higher chances we are liable  to get close to winning.

When it comes to casino games, things are focused only on the luck of the game, there is no doubt about that, try to play and establish a good strategy to always win, it is difficult, I would say it is impossible, but I do believe in the strategies, and to win you have to know many strategies, because I think that at some point they will not work within the game, that is what you have to see, clearly I have my conviction regarding that, but it is my way of thinking , it is my way of seeing things personally, I have always seen that things with casinos are like that, but with sports betting it does have a lot to do with the degree of wisdom of a person, for example, for me sports betting is similar to do trading, because it has a lot to do with the good way of seeing things, this may happen if you know how to do it, but a person who does not have faith and who knows that things are going to go wrong is preferable. Don't do them, because leaving sports betting to chance is the worst thing you can do and allowing trading to happen by pure luck isn't either, because trading is not gambling, and whoever enters gamling in tradin, late or sooner it will be better.

Sports betting is always a good way to generate results according to what is known, so when we are in the process of doing something good and in favor of ourselves, sports betting does have many chances of winning, but there is knowing how to do them, it should not be added, in fact in my case I place bets it is only for soccer and only for boxing and UFC, because they are the sports that I know the most, and I also practiced them, so this is something we should always see and Analyze, for that reason every time we are in the presence of making a good bet, it is better to do it with reason and not with your mind, sometimes emotions can also play a good role in making a sports bet.

full member
Activity: 490
Merit: 119
January 13, 2024, 01:19:01 PM
Finding our forte in either sports betting or casino games can be key to success in the unpredictable world of gambling. The emphasis on luck resonates, and the encouragement to persist in our gambling endeavors is a reminder that a fortunate turn might be just around the corner. It's a thoughtful perspective, highlighting the importance of both skill and chance in the pursuit of winning. Here's to staying optimistic and embracing the unpredictability of the gambling journey!
hero member
Activity: 924
Merit: 600
Leo is resting.
January 13, 2024, 10:31:00 AM
Most of gambling is about luck. But if you're looking into sports than its really about statics.
There we're people that are perfect and good in sport bets compared to casino bets. Whatever aspect we are good in, it is better we go for it and not get stranded between the both trying to see which one will work for us. Luck is very important in gambling and we need to keep gambling so that we don't finally lose hope when the luck might be very close to us for a benefiting bets that could give us huge winnings. Luck is a factor that triggers winnings whether we merit the winning or not. The more we gamble, the higher chances we are liable  to get close to winning.
full member
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www.positivebetting.com
January 13, 2024, 09:59:28 AM
Most of gambling is about luck. But if you're looking into sports than its really about statics.
hero member
Activity: 1316
Merit: 561
Leading Crypto Sports Betting & Casino Platform
January 13, 2024, 08:24:40 AM
-snip

With their experience gambling for a certain time I'm sure the value of the loss or defeat they get is higher than the value of the victory.  that's right, if they lose maybe someone else wins and I once thought that indirectly we give money to others. but this is certain or uncertain, because what I know is that gambling is a game of chance.
more precisely, the longer you persist in gambling, the more money you will lose, as others have said, the house edge always wins in the long run.
from the few words I said, we can see that whatever happens, this is a profitable game if someone is lucky but will only be an entertainment game if they are not lucky and on the one hand we will not possibly be able to beat the house edge while the gambling business is built to make a profit for the casino owner so we have to be aware of this.

I thought about what you were thinking but in fact we dont know whether it is true or not but what is certain is that whether we gamble to give winnings to other people or vice versa, the most important thing is never to give large amounts in gambling, just use small money to try your luck.
The casino's livelihood depends on the house edge. I think gambling goes beyond probabilities.

Think of gambling as entertainment, like buying a movie or concert ticket. Paying for these experiences doesnt yield a profit, right? In gambling, viewing the money spent as fun rather than an investment changes the perspective. The game, suspense, and social contact become more important than winning or losing.

I completely agree about not gambling big! Like spice, a little salt adds flavor but too much ruines it. We should bet for pleasure using budget-friendly money, like couch change. Thus, it remains a game and recreation, not a financial plan or stressor.
hero member
Activity: 1330
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Vave.com - Crypto Casino
January 13, 2024, 06:40:25 AM
In my opinion making cash from gambling is not a good option and the statistical probability that you will win every game at every casino is very low. I think winning or losing every game is completely in your head, so your individual tricks are not there. However, we all have some kind of luck so we should strive for what is possible for us.

We must start with the fact that the idea that I can earn a stable income from gambling is not the most correct one. We must immediately assess the situation realistically and stop dreaming. Gambling games are made for the purpose of making money, and not for the participants in these games to make money. This must be understood immediately. You have to be very careful about this
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
January 13, 2024, 05:59:04 AM
Gambling and trading is literally a different thing especially on how things work, where in trading you can reduce the risk by acquiring knowledge, skills, patient and etc. Of course it is still involved luck cause no matter skilled you are if the market is down, it would be hard to trade especially in a stable market with less volatility.
I have no disagreement with this. Although trading is more feasible than gambling but trading is not for everyone, there's no guarantee that when you trade you'll be profitable. There are day traders and long term traders, that's why it's divided because these two requires different approach. And for me, day trading is quite risky, it's just like a gambling also because you'll be guessing a short term market movement based on different factors, but you could go wrong since it's more on speculation and the likes.

While in gambling, it is definitely pure luck as there's a lot of probability and chances before you have the possibility of winning like having a good hands and jackpot. Even if you are smart, if luck ain't on your side, then you would probably loss a lot.
Pure luck? Not really, if you have the skills and you go with the skilled based gambling type, I think you'll be able to succeed in the future. And just like trading, gambling is not for everyone, it's only for the gifted people, which I think no one could be profitable when doing both gambling and trading.

one at a time!
sr. member
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Leading Crypto Sports Betting & Casino Platform
January 13, 2024, 05:40:59 AM
It's not all about of luck but sometimes luck dose exist. Ahh let me sheare one think if you are lucky then what happened. I do treading and gambling too. I have prove of luck what happened with me. I traded in previous candle because of gap up opening it refund my amount. We all know that is game of analysis. It also happened in gambling to. Some time analysis not work luck work for you that's the reason luck exist not everytime but sometimes luck make your game.

Trading and gambling are totally different. While the former is entirely based on skill, the later has a mixture of both luck and skill. I'm doing both as well and during my time of leaning trading, the key lesson was never to treat trading like gambling. Meaning that as a trader, one of your main focus is to ensure you don't approach trading with the mindset of a gambler. For instance, the risk exposure in trading is usually less than 2% of the capital, if you want to remain in the business. But in gambling, some people risk as high as 10% or even more. If you base entirely on luck as a trader, within a very short time you will blow your account.

Gambling and trading is literally a different thing especially on how things work, where in trading you can reduce the risk by acquiring knowledge, skills, patient and etc. Of course it is still involved luck cause no matter skilled you are if the market is down, it would be hard to trade especially in a stable market with less volatility. While in gambling, it is definitely pure luck as there's a lot of probability and chances before you have the possibility of winning like having a good hands and jackpot. Even if you are smart, if luck ain't on your side, then you would probably loss a lot.
hero member
Activity: 546
Merit: 516
January 13, 2024, 05:11:54 AM
It's not all about of luck but sometimes luck dose exist. Ahh let me sheare one think if you are lucky then what happened. I do treading and gambling too. I have prove of luck what happened with me. I traded in previous candle because of gap up opening it refund my amount. We all know that is game of analysis. It also happened in gambling to. Some time analysis not work luck work for you that's the reason luck exist not everytime but sometimes luck make your game.

Trading and gambling are totally different. While the former is entirely based on skill, the later has a mixture of both luck and skill. I'm doing both as well and during my time of leaning trading, the key lesson was never to treat trading like gambling. Meaning that as a trader, one of your main focus is to ensure you don't approach trading with the mindset of a gambler. For instance, the risk exposure in trading is usually less than 2% of the capital, if you want to remain in the business. But in gambling, some people risk as high as 10% or even more. If you base entirely on luck as a trader, within a very short time you will blow your account.
hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
January 13, 2024, 02:33:36 AM
-snip

With their experience gambling for a certain time I'm sure the value of the loss or defeat they get is higher than the value of the victory.  that's right, if they lose maybe someone else wins and I once thought that indirectly we give money to others. but this is certain or uncertain, because what I know is that gambling is a game of chance.
more precisely, the longer you persist in gambling, the more money you will lose, as others have said, the house edge always wins in the long run.
from the few words I said, we can see that whatever happens, this is a profitable game if someone is lucky but will only be an entertainment game if they are not lucky and on the one hand we will not possibly be able to beat the house edge while the gambling business is built to make a profit for the casino owner so we have to be aware of this.

I thought about what you were thinking but in fact we dont know whether it is true or not but what is certain is that whether we gamble to give winnings to other people or vice versa, the most important thing is never to give large amounts in gambling, just use small money to try your luck.
member
Activity: 378
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Be Happy ☺️
January 12, 2024, 11:12:31 PM
It's not all about of luck but sometimes luck dose exist. Ahh let me sheare one think if you are lucky then what happened. I do treading and gambling too. I have prove of luck what happened with me. I traded in previous candle because of gap up opening it refund my amount. We all know that is game of analysis. It also happened in gambling to. Some time analysis not work luck work for you that's the reason luck exist not everytime but sometimes luck make your game.
hero member
Activity: 1092
Merit: 507
Leading Crypto Sports Betting & Casino Platform
January 12, 2024, 10:25:49 PM
Going back for more when we are winning is caused by the impulses winning triggers to the brain. Gamblers who are experienced and have significant amount of skills to win in a two-man game will look out for more gamblers to compete with and win money. This helps the gambler to improve his skills, hence increasing his possibilities of often winning in the game. Aside such games gamblers solely depend on luck in games like slot. Because it requires not skills, it's a matter of understanding how the slot machine works. The necessary techniques needed to win and maintain earning. Skilled players in poker sometimes depend on luck, a newbie can win a pro in the game depending on the cards of the professional player. Gambling needs luck, the skills are secondary means of enhancing the winning process.

I agree with you, slot games don't require good skills to be able to play them, just understand how the slot machine works like you said, and also in this game, in my opinion, its greatness only relies on luck which will determine whether you win or not, but even so So there will be times when we have to have a strategy, what I mean by strategy is, know when to stop because most people who gamble on slots do it excessively.

It's true what you said that gambling requires luck, and having skills is a way to increase your chances of winning, and not all gambling requires skill to be able to play it, there are some gambling that rely entirely on luck.

I'm curious about loss not being an offspring of luck. Only those who win are considered lucky, and a loser doesn't find himself lucky for losing. It's a matter of choice. The way we react towards our gambling results is also a skill that could help a gambler to win. However, no accurate technique or strategy ever is available that could guarantee a gambler would win a game. In terms of winning or losing gambling is based on luck. The skills also have its fair share of credits it adds in facilitating the wins of a gambler. But from the look of things a gambler only has the ability to control how he wins or lose. A skill that regulates if a gambler loss so much or wins a lot. Luck doesn't go to the winner alone, sometimes he'd lose for another person to win.

and in fact in my opinion there are no accurate tricks or techniques to be able to get a win at gambling, then if not with that they win because of what? not because of luck?.
I think all gamblers know they will lose at gambling, but their knowledge can still be covered by the hope they have namely the hope to win, it's not wrong to hope to win at gambling, just don't expect more from gambling, all gamblers certainly do want to win because that's the purpose of gambling, even if they gamble with the aim of having fun,  of course they have a desire to win, and if they win they can't just let go of their winnings by giving them to others of course they will do what to do with their winnings according to their own wishes.  Because that will only turn the situation around. where they will get more losses that make them upset so that they want to continue gambling because they are increasingly confident in the victory that is close.

With their experience gambling for a certain time I'm sure the value of the loss or defeat they get is higher than the value of the victory.  that's right, if they lose maybe someone else wins and I once thought that indirectly we give money to others. but this is certain or uncertain, because what I know is that gambling is a game of chance.
sr. member
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January 12, 2024, 06:13:31 AM

So, we can conclude that gambling is about luck, most of the time. Can I say that great poker professionals like Erik Seidel, Daniel Negreanu and Liv Boeree have won their millions only because of luck? No. But that luck has played a big part in all that, yes, I think so. And in my opinion sports betting requires more luck than poker, but maybe it's my own opinion.

I don't agree with you that sport betting requires more luck than poker. In sports betting we can easily analyze the wining team before the games comes to an end based on their performance, odds, player present etc. even if the probability of you winning a sport bet is low, poker is still not match for sports betting.

Betting requires luck. Even with great performance, odd or players of a team there must be luck before winning that ticked belief because this is a football or whatever game it is, everything changes and a team you think will win a game won’t win sometime. There are times that you will see an underestimated team beat a big team that everybody thinks will win, so with luck things get done in gambling.

Did you know we even have much skill in gambling? There are not many skills that a gambler will apply before staking on a bet to win it; there are not many skills. The only thing gamblers do before playing a bet is to analyse and see how the teams have been playing so far. I think that is all, and if luck is by your side, you will win the game.


The kind of money that some people lose from gambling if they put them to better use, invested in other ventures, or used for other purposes, it could help them succeed in life

People who think they will make a huge amount of money from gambling are the ones that lose this type of money you are talking about because those people wager with a large amount of money and think of getting a huge return from what they staked, which is not working like that. Those people make a big mistake in their life, although it is a choice.

Gambling is a choice, and we view it differently. Some people take it for fun, while others view it as a way of making money. It was funny how you said that some people lose money that will make them successful in their lives, although it could be true when you look at how some people have been wasting funds in gambling and still yet there is nothing change for them. I hope these people will soon get to understand gambling and stop viewing it that way.
sr. member
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#SWGT PRE-SALE IS LIVE
January 12, 2024, 05:41:02 AM
I'm curious about loss not being an offspring of luck. Only those who win are considered lucky, and a loser doesn't find himself lucky for losing. It's a matter of choice. The way we react towards our gambling results is also a skill that could help a gambler to win. However, no accurate technique or strategy ever is available that could guarantee a gambler would win a game. In terms of winning or losing gambling is based on luck. The skills also have its fair share of credits it adds in facilitating the wins of a gambler. But from the look of things a gambler only has the ability to control how he wins or lose. A skill that regulates if a gambler loss so much or wins a lot. Luck doesn't go to the winner alone, sometimes he'd lose for another person to win.

I agree with what you said. Basically we all agree that gambling really depends on luck. And no one can control luck. But the skill and ability to determine how much he wins and how much he loses can be trained with experience and instincts that have been developed over the years. A player can control how much he bets and what percentage of winnings from the experience he has gained. But this does not apply if you play slots. There are some games that don't require any skill at all. And there are many people who are addicted because you don't need to think anything about winning and losing.

That's why I always say to be wise in making your choices. And if possible, don't spend your life hoping for luck. I think we can have enough fun with the game in it. Enjoy the game after a tiring day at work. Don't make gambling one of your sources of income.  Grin
hero member
Activity: 1274
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Leading Crypto Sports Betting & Casino Platform
January 12, 2024, 05:25:26 AM
Going back for more when we are winning is caused by the impulses winning triggers to the brain. Gamblers who are experienced and have significant amount of skills to win in a two-man game will look out for more gamblers to compete with and win money. This helps the gambler to improve his skills, hence increasing his possibilities of often winning in the game. Aside such games gamblers solely depend on luck in games like slot. Because it requires not skills, it's a matter of understanding how the slot machine works. The necessary techniques needed to win and maintain earning. Skilled players in poker sometimes depend on luck, a newbie can win a pro in the game depending on the cards of the professional player. Gambling needs luck, the skills are secondary means of enhancing the winning process.

I agree with you, slot games don't require good skills to be able to play them, just understand how the slot machine works like you said, and also in this game, in my opinion, its greatness only relies on luck which will determine whether you win or not, but even so So there will be times when we have to have a strategy, what I mean by strategy is, know when to stop because most people who gamble on slots do it excessively.

It's true what you said that gambling requires luck, and having skills is a way to increase your chances of winning, and not all gambling requires skill to be able to play it, there are some gambling that rely entirely on luck.

I'm curious about loss not being an offspring of luck. Only those who win are considered lucky, and a loser doesn't find himself lucky for losing. It's a matter of choice. The way we react towards our gambling results is also a skill that could help a gambler to win. However, no accurate technique or strategy ever is available that could guarantee a gambler would win a game. In terms of winning or losing gambling is based on luck. The skills also have its fair share of credits it adds in facilitating the wins of a gambler. But from the look of things a gambler only has the ability to control how he wins or lose. A skill that regulates if a gambler loss so much or wins a lot. Luck doesn't go to the winner alone, sometimes he'd lose for another person to win.
hero member
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Leading Crypto Sports Betting & Casino Platform
January 12, 2024, 05:11:36 AM
So what is their victory based on? because of tricks or patterns? can that really make them win? I don't think so, because even though they use their own skills, they are also helped by luck on their side. Many people gamble by following their greed, where when they lose they still deposit their money to gamble again with the belief that they will definitely win after losing, but that doesn't guarantee even if they use their tricks or skills, because in my opinion it's entirely luck that will determine whether they win or not.
In fact, many people gamble by following their greed and lust which makes them uncontrolled in gambling, so they can spend large amounts of money in just one game session, even if they lose it means they are unlucky, and when they win it means they are lucky. lucky, therefore I believe luck has a big role in gambling. Even though there is some gambling that requires skill to win, it cannot be separated from luck.
I think what he mean when he say 1:1 ratio is PVP gambling. And with this type of gambling, skills does matters the most. In gambling there is that term underdog. They are the ones who usually need more luck to win against a well-skilled player. If I think I'm less skillful and I lose, I will not try again. I will train harder first. While in the meantime we can still try and try more in a luck-based game.

Sometimes we can get lucky on our second, third and so on deposits but of course, it's always better to have a limitation since winning at them is not guaranteed. Apart from losing, I think more gamblers are going back for more if they are winning.

Going back for more when we are winning is caused by the impulses winning triggers to the brain. Gamblers who are experienced, and have significant amount of skills to win in a two man game will look out for more gamblers to compete with and win money. This helps the gambler to improve his skills, hence increasing his possibilities of often winning in the game. Aside such games gamblers solely depend on luck in games like slot. Because it requires not skills, it's a matter of understanding how the slot machine works. The necessary techniques needed to win and maintain earning. Skilled players in poker sometimes depend on luck, a newbie can win a pro in the game depending on the cards of the professional player. Gambling needs luck, the skills are secondary means of enhancing the winning process.

I agree with you, slot games don't require good skills to be able to play them, just understand how the slot machine works like you said, and also in this game, in my opinion, its greatness only relies on luck which will determine whether you win or not, but even so So there will be times when we have to have a strategy, what I mean by strategy is, know when to stop because most people who gamble on slots do it excessively.

It's true what you said that gambling requires luck, and having skills is a way to increase your chances of winning, and not all gambling requires skill to be able to play it, there are some gambling that rely entirely on luck.
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