Topic: Is gambling all about luck? - page 20. (Read 6476 times)

Relying solely on making cash from gambling is indeed risky, given the low statistical probability of consistently winning in every game at every casino. It's essential to approach gambling with a mindful understanding of both the risks and potential outcomes.

I will not deny what you say. yeah, " we can conclude that gambling is about luck, most of the time". like some of the names you mentioned in the world of professional gambling in the field of poker. they really got lucky by getting millions of dollars, and that's why they got what they deserved. But in reality, luck will not come without effort, knowledge, experience and everything else involved. just like this life, everything is related to luck. Likewise with gambling, without luck which is related to each other, we will not win anything. In short, we agree with what you said including sports gambling. But in essence the concept is not that simple, I'm sure you also understand it.

Now we are talking about sports, for example football. When the two teams compete, luck also plays a role. This luck must also be accompanied by effort, which is carried out by the two teams competing against each other. starting from the depth of a team's players, systems, patterns, strategies and all kinds of things carried out by the two teams competing against each other to win the battle. Just like gambling, betting requires experience, understanding, research, analysis, odds, options, and most importantly knowing exactly what we are betting on. After that, we will hand it over to the team that will compete. which team is luckier and also the choice options in our betting. This effort is made solely to minimize losses, without any effort with the variables that we do, it means we are betting only relying on luck. As a result, there are more losses than wins. because we don't try, which we should be able to do with our creativity. just like poker professionals, they need time to learn everything to achieve the skills they want.

No, gambling is not just about luck, but there are other things that gamblers can feel after playing gambling. If you gamble only hoping for luck, you will be annoyed, angry when you lose or other negative things that you might feel. There are other factors that make gamblers feel like continuing to gamble even though they lose more than they win. Gambling is not a place to add to your wealth list because there are elements of luck and bad luck there.

If the gambling ratio is 1:1 only win or lose, surely it's not just luck that plays a role there. there can also be seen from the statistics of the game. and self-control and the brain to stop playing when you get a win or stop when you get a loss that is not too much. not continuing to lust for more or returning money from gambling losses.

In my opinion, if there are many gamblers who win, it is also because they have luck in gambling, in my opinion the winnings in gambling are only based on luck, some people believe in patterns and tricks to be able to win at gambling, but I don't. believe that because in my opinion all gambling has a side of luck that can determine whether you win or lose, although there are also some gambling that require skill to win, but that is also not free from luck.
Is it true that many people get rich by gambling? I'm not sure about that.
Even though there are people who get rich by gambling, in my opinion it is not worth using as motivation, because gambling is a game of chance with different people's luck and they will not all win the same. Therefore, there is no motivation for someone who is rich to use it as a motivation for gambling, it is the same as a way to spend a lot of money.

I would say that long-term profitable strategies are aimed at either maximizing favorable odds or sometimes simply avoiding negative odds. There are also strategies that consist in eliminating randomness as much as possible over the long term and following rational patterns. Games are extremely internally heterogeneous and we must try to find rational patterns in them, freeing them from randomness. Sometimes such patterns have a short lifespan. But they exist.

Though 90 to 95 percent of gambling is indeed centered around luck, it is still very important for us to mention that, not all gambling games are luck based, and the most obvious example I think is sports betting, a gamblers knowledge in sports overall is what utterly determines how often or frequent such a gambler will win in their sports betting games, and by this, I am not ruling out the place of luck in sports betting, there is absolutely a good place for luck, but then, the ultimate criteria to consistent winning while betting on sports is sports knowledge, this is what gives a gambler an edge, a better edge over other sports bettors who are not all that knowledgeable in sports.

Over here in my country and my area, there are some hard core sports bettors who live off the money they make from betting on sports, it's their only source of income and they seem to be doing really well, the secret is not that they are too lucky, it is that, they spend time learning about sports, and teams, clubs and everything patterning to sports.

You can't get addicted to gambling so you can control it easily but regular gamblers can't rule it out. Moreover now more and more people are using gambling as a source of income and they are willing to participate in winning and losing bets. It is not that you will always lose in gambling but you can also win many times. But i agree with you that gambling is more of a test of luck and especially there are many people who win most of the time. Besides i don't know what your fate is so we can try anyway. There are many people who have gotten rich gambling that can give a gambler more motivation.

I don't think gambling skills are necessary if you are the type of gambler who likes to believe in luck when winning. But if you believe in skills, you don't believe in luck either.

It's just that, in reality, the majority of gamblers who believe in luck are the casino players who often encounter or experience bad luck when gambling in the crypto gambling business industry. Therefore, not all gamblers think that gambling is all about luck. How can you think like that if your only motive is to have fun for no other reason?

Both luck and skills are very important in gambling, we need to have a clear understanding of this first, but it depends on the kind or category of games we are playing while gambling that determines the kind of experience we may have and the expectations as well in it, some games are strictly on luck and not by skills while some you have to be knowledgeable about the gambling tactics before playing them, that is why we must make it a duty to first understand what we are into when gambling, then try to know the situations involved as well before deriving a baseline for what we want in other not to affect what we should see with our gambling experience at the end.

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. Poker is entirely based on luck with just few skills. After shuffling the card and sharing it, your probability of winning now depends on the luck that hits your side that day. Poker is a game were you don't get to see your opponent cards and mind so if luck fall in the hand of a total beginner, he might even be the one to empty you account that day .

Yes, it is true that in the end luck will determine the final result, although there are gambling games that only rely on luck without hard work such as slot games and there are also gambling games that really require hard work such as analyzing and organizing strategies to gain profits from gambling, but speaking Regarding luck, all gamblers need it, but it's a good idea to use a little effort or skill to get it.

Skills in gambling are really needed to play well but the point is to remember that gambling must have a budget limit so as not to gamble beyond the limits, gamblers are always like that, they are more focused on finding their luck in gambling without ever caring about limiting themselves from gambling, even though it is more It is important that we do not become addicted to gambling. After all, just play and let luck decide

Yeah, I get what you're saying about hard work versus luck when it comes to gambling.  You can spend all kinds a time researchin the games and odds and still end up losing, while some other cat might make a killing without breaking a sweat.  Thats just how it goes, right?

But even so I think people make too big a deal about luck sometimes.  Sure you gotta have some luck to come out on top, but you also gotta have skills to be a good gambler.  I'm talking about knowin the odds inside out, getting how the games really work, and being able to make the right calls when the heat is on.

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 would love to see these type of ways that aim at eliminating luck out of the gambling games as if they are able to do it then it means that for the casinos there would come very difficult days ahead as most people will start applying this type of way to eliminate luck as much as possible.I am thinking and thinking what could it be yet I am having very hard time to guess it and all I think that can be a successful cunning way to eliminate luck is for example to have insider information regarding some sport game be it soccer,basketball,tennis or baseball,that is the only way I know it eliminates luck 100% out of the way as the script is predetermined here in such scenario.

Realizing that kind of matter saves his butt from losing more money, and the good thing is to develop that kind of ability to control things the right way, instead of pushing for more, better to take the rest and call the day if luck is not letting you win, adding to that, if you know how to balance and control your gambling activities, the chance also that you may take advantage of luck that may come up and back your bets. You will be able to quit before you miss your chance of getting those profits. Experienced gamblers understand how things happen and that's the edge of having that kind of experience when you attached yourself into gambling.

Of course, luck plays an important role in almost all games. Even if we take games like chess (international competitions with a prize fund), then even there there is an element of luck. For one simple reason: a person is not able to calculate all the combinations and in some cases, even in chess, he is forced to rely on luck.
      And if we are talking about games where by default there is an element of uncertainty, then luck is even more important there. But the most effective gambling strategies are essentially aimed at eliminating luck as much as possible from the earnings scheme. There are different ways to do this. Many of them are very cunning, because they follow a very indirect path to this goal.

Playing gambling using more money or spending more time does not guarantee that someone can get the win they want. He had to realize that it would give him the possibility of losing more than he could have imagined. He should change the scenario by reducing his gambling and trying to reduce his gambling activities. And since he already knew that gambling was about luck in addition to skill, he didn't need to force himself to continue gambling because it wouldn't give him more frequent wins. When someone tries to reduce his desire to gamble, he will see that he has reduced his chances of losing. He also realized that when he gambled, he really needed luck apart from having to use his skills in gambling.

Rather than guessing when their luck will come by continuing to gamble, they should reduce their gambling activities. After all, they can win the gambling game without trying too hard when they really get lucky. We must be able to prevent ourselves from trying too hard in gambling because that could mean spending too much money, which will not guarantee a win. We indeed have to pay attention to all aspects we have experienced and think about them before we decide to continue gambling so that we don't experience many losses. We just need to wait for luck to come and always limit our gambling activities. Otherwise, we could experience even more losses while luck still won't come.

If they are aware of it but don't implement it, they are the ones who will experience losses and not other people. The money they lost was their money and no one else's, so the regret will only come to them. For this reason, we must be able to prevent ourselves from being tempted by anything we see from gambling so that we don't try it and will experience even more losses. A wise gambler will look at the reality they encounter and think about whether it is worth trying or whether they should immediately leave the casino. They cannot allow themselves to be tempted by what they see, especially since they have had bad experiences in the past so they can learn lessons from what they have experienced.

Working hard is different from luck, because you can be working entirely on games and odds while luck just deals with no stress and one will watch you grabbing enormous winnings without actually working hard for it. Luck plays a vital role in gambling because most of these newbies have lucky stars that shined for them and these gamblers are able to boost because they're earning quite good in the system. I've experienced and I'm not stopping to levelled myself for poor results but I keep forwarding myself for excellence and I'll never be comfortable if we're not able to meet up thr require targets to generate quite important funds.

Primary source of income emphasizes the importance of a more secure and reliable means of livelihood. People who view gambling as a viable job option often focus solely on the potential rewards without fully considering the substantial risks associated with losses is insightful. these people are drawn to the allure of winning big without fully understanding the statistical probability of success in most gambling activities.

The house edge, inherent in most gambling activities, ensures that over the long term, the odds are generally against the player. This statistical reality makes relying on gambling as a primary income source a precarious proposition. Unlike traditional jobs where one's efforts and skills contribute to earning a consistent income, luck in gambling is unpredictable and uncontrollable. Relying on luck for financial stability introduces unnecessary uncertainty into one's life.