Is gambling all about luck? - page 32.

Gozie51

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Quote from: Biznesmen on October 08, 2023, 01:22:13 PM

Quote from: Jocuserious on September 24, 2023, 01:12:16 PM

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.

I believe in luck, and I don't think gambling is all about luck alone; it definitely has some luck factors as well. Even in our lives, luck plays a role in addition to hard work and dedication. So we can't say gambling is only about mathematics and statistics. In my opinion, gambling, lottery winning, and even trading luck play a major role. Making cash from gambling is a good option as long as it's not illegal, because making money is a good thing, right? But when it's become an addiction and you start to lose money, it's not good at all, and you need to control it as soon as possible. When you have strong willpower and can gamble responsibly, you'll make money if luck is with you.

It is a good thing with luck but we don't need to rely on it to be successful. We need to plan and let our luck carry us through. We have to plan and that means being ready so that when the luck comes it will meet us ready. This to gambling means we have to do our home work very well by analysing the games we want to play and research on them especially in soccer, then we bet them reasonably like beating few games has chances of success. But if we bet so many games to win millions of dollars, it means we are taking unreasonable risk that the luck won't see us through. Many gamblers bet this way and expect to win.

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Quote from: slapper on October 08, 2023, 12:43:03 PM

Quote from: radjie on October 08, 2023, 11:49:07 AM

Quote from: swogerino on October 01, 2023, 05:15:35 PM

Quote from: Dessy88 on September 30, 2023, 01:58:09 PM

Because games depend on luck but I think gambling is good luck. Gambling is not a simple game because there is a lot of money involved so at the end of the day some become rich and some remain poor. You will become more addicted to gambling when you suddenly win repeatedly. But when you lose, you will think about making double money in the future. Moreover if luck is good you can prosper from any business be it gambling. Yesterday my brother won some money from gambling and that day my friend sold his bike to gamble.

We have a saying where I live now and when someone wants to bless you they say not work hard but "may luck work for you and not you for your luck" a very nice saying which clearly answer the question asked here,in life everything is related completely 100% on luck.Why you may say?Well have you not seen that corrupt people run governments now in most countries while people with integrity work like slaves or worse even they are at home unemployed,that is why luck is needed 100% in your life if you want to have a good life,that is why I fully believe this saying,may luck work for you and not you for your luck.

In real life, there are always lucky people, even though they don't have a higher education, they can achieve success, there are even people who are not very smart but can get a decent job so they can earn quite a large income.
It's not much different from gambling, there are those who spend quite a lot of capital to gamble but always lose in the game and even the winnings are not commensurate with the amount of money that has been spent, but there are also those who gamble with small capital but can achieve consecutive wins.
This shows that gambling is based on luck

Life is often unpredictable, right? Despite lacking credentials or "intelligence," some succeed. It shows there's no one-size-fits-all success formula

The narrative is comparable to gambling. Some gamble heavily in hopes of winning big, yet lose. Others hit jackpot after jackpot with a little. It's tempting to blame luck. Then, what is luck? Has it happened randomly? Does the madness have a method? Is luck reliable over time? Is strategy much more important in gambling than we think? Quite a dilemma

From my own narrative and approach to gambling, I definitely think and understand that gambling has to entirely do with luck it doesn't matter how much strategy we follow or how we increase our stake in the hope of actually securing a win by reducing the odds and increasing your stake which most of the times actually turn out opposite of what we have planned. I have seen many cases of gambling where luck was just the base factor to the after result of the game and I have come to believe that although sometimes strategy do help abit but the major factor that is involved in gambling is basically luck.

GigaBit

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Quote from: radjie on October 08, 2023, 11:49:07 AM

Quote from: swogerino on October 01, 2023, 05:15:35 PM

Quote from: Dessy88 on September 30, 2023, 01:58:09 PM

Because games depend on luck but I think gambling is good luck. Gambling is not a simple game because there is a lot of money involved so at the end of the day some become rich and some remain poor. You will become more addicted to gambling when you suddenly win repeatedly. But when you lose, you will think about making double money in the future. Moreover if luck is good you can prosper from any business be it gambling. Yesterday my brother won some money from gambling and that day my friend sold his bike to gamble.

We have a saying where I live now and when someone wants to bless you they say not work hard but "may luck work for you and not you for your luck" a very nice saying which clearly answer the question asked here,in life everything is related completely 100% on luck.Why you may say?Well have you not seen that corrupt people run governments now in most countries while people with integrity work like slaves or worse even they are at home unemployed,that is why luck is needed 100% in your life if you want to have a good life,that is why I fully believe this saying,may luck work for you and not you for your luck.

In real life, there are always lucky people, even though they don't have a higher education, they can achieve success, there are even people who are not very smart but can get a decent job so they can earn quite a large income.
It's not much different from gambling, there are those who spend quite a lot of capital to gamble but always lose in the game and even the winnings are not commensurate with the amount of money that has been spent, but there are also those who gamble with small capital but can achieve consecutive wins.
This shows that gambling is based on luck

If fortune itself wants to be with someone then that person will definitely succeed in any platform. In each case, lucky people can easily reach their destination. If luck is there then gambling knowledge is not needed but lots of people are doing education or research about it. fate does not work equally for all. A person who has been playing the lottery all his life he didn't get the lottery but incidentally who come and get a lottery ticket and wins. There are many cases where the aspirants are rebuked and the undeserving ones win. No one can ever succeed in gambling with just knowledge and ignoring luck. Overall luck is important factors in gambling.

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Quote from: OgNasty on September 30, 2023, 02:51:00 PM

I think that when it comes to gambling there are various levels of luck involved with playing different games, but perhaps the greatest skill one can have is knowing when to walk away. Limiting losses and walking away when you’re ahead is important because eventually everyone loses. Just a matter of time.

You're right, this is what I do every game when I get lucky in that gambling.
Because we know that in gambling you always lose if you don't limit yourself here. You won't notice that your money is running out until it's gone

Biznesmen

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Quote from: Jocuserious on September 24, 2023, 01:12:16 PM

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.

I believe in luck, and I don't think gambling is all about luck alone; it definitely has some luck factors as well. Even in our lives, luck plays a role in addition to hard work and dedication. So we can't say gambling is only about mathematics and statistics. In my opinion, gambling, lottery winning, and even trading luck play a major role. Making cash from gambling is a good option as long as it's not illegal, because making money is a good thing, right? But when it's become an addiction and you start to lose money, it's not good at all, and you need to control it as soon as possible. When you have strong willpower and can gamble responsibly, you'll make money if luck is with you.

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Quote from: radjie on October 08, 2023, 11:49:07 AM

Quote from: swogerino on October 01, 2023, 05:15:35 PM

Quote from: Dessy88 on September 30, 2023, 01:58:09 PM

Because games depend on luck but I think gambling is good luck. Gambling is not a simple game because there is a lot of money involved so at the end of the day some become rich and some remain poor. You will become more addicted to gambling when you suddenly win repeatedly. But when you lose, you will think about making double money in the future. Moreover if luck is good you can prosper from any business be it gambling. Yesterday my brother won some money from gambling and that day my friend sold his bike to gamble.

We have a saying where I live now and when someone wants to bless you they say not work hard but "may luck work for you and not you for your luck" a very nice saying which clearly answer the question asked here,in life everything is related completely 100% on luck.Why you may say?Well have you not seen that corrupt people run governments now in most countries while people with integrity work like slaves or worse even they are at home unemployed,that is why luck is needed 100% in your life if you want to have a good life,that is why I fully believe this saying,may luck work for you and not you for your luck.

In real life, there are always lucky people, even though they don't have a higher education, they can achieve success, there are even people who are not very smart but can get a decent job so they can earn quite a large income.
It's not much different from gambling, there are those who spend quite a lot of capital to gamble but always lose in the game and even the winnings are not commensurate with the amount of money that has been spent, but there are also those who gamble with small capital but can achieve consecutive wins.
This shows that gambling is based on luck

Luck is a great blessing. If luck is good then nothing else is needed and if luck is bad then no good can be achieved even with hundred efforts. But through hard work you can change your luck. Fate comes alone and does not catch anyone. Hard work leads to a good fortune. But luck is very important in gambling. Gambling is mainly based on predictions. And to make an accurate prediction requires big analysis. So gambling does not bring success to everyone. It brings success only to few Lucky people

khiholangkang

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Quote from: uneng on October 08, 2023, 12:51:04 PM

Quote from: slapper on October 08, 2023, 12:43:03 PM

Life is often unpredictable, right? Despite lacking credentials or "intelligence," some succeed. It shows there's no one-size-fits-all success formula

The narrative is comparable to gambling. Some gamble heavily in hopes of winning big, yet lose. Others hit jackpot after jackpot with a little. It's tempting to blame luck. Then, what is luck? Has it happened randomly? Does the madness have a method? Is luck reliable over time? Is strategy much more important in gambling than we think? Quite a dilemma

In gambling we know what our chances are, the house edge percentage we are playing against and that there is a provably fair system which ensures the legitimacy of the games' results. However, in life we don't know what our chances are or how the system works for real. Sometimes we have the impression there is a huge disadvantage on the game of life and that it looks much easier for other people to play this game than for ourselves.

Moreover, it's more likely you are going to do well on long term in life than in gambling... So someone comparing both must be careful to not be naive about their gambling activity, which can bring very negative consequences if not practiced in a balanced way.

This cannot be compared 50:50 with what is generally a way of life, the percentage of house edge has a varied nature and sometimes it is very confusing even though we have the number of congregations to be determined as the calculation has been done but I agree that the average of We understand the system of working in gambling.

But this needs to have a classification in several games, which of course have the rules and difficulties of each and that is what makes this varied, and there is also a level of luck that needs to be valued in the process, sometimes in games that use the ability even luck can influence it to get victory.

We really should not be naive at one point especially in gambling that has worse potential if we are not able to urge it with our risk management in real life that must be prioritized.

uneng

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Quote from: slapper on October 08, 2023, 12:43:03 PM

Life is often unpredictable, right? Despite lacking credentials or "intelligence," some succeed. It shows there's no one-size-fits-all success formula

The narrative is comparable to gambling. Some gamble heavily in hopes of winning big, yet lose. Others hit jackpot after jackpot with a little. It's tempting to blame luck. Then, what is luck? Has it happened randomly? Does the madness have a method? Is luck reliable over time? Is strategy much more important in gambling than we think? Quite a dilemma

In gambling we know what our chances are, the house edge percentage we are playing against and that there is a provably fair system which ensures the legitimacy of the games' results. However, in life we don't know what our chances are or how the system works for real. Sometimes we have the impression there is a huge disadvantage on the game of life and that it looks much easier for other people to play this game than for ourselves.

Moreover, it's more likely you are going to do well on long term in life than in gambling... So someone comparing both must be careful to not be naive about their gambling activity, which can bring very negative consequences if not practiced in a balanced way.

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Quote from: radjie on October 08, 2023, 11:49:07 AM

Quote from: swogerino on October 01, 2023, 05:15:35 PM

Quote from: Dessy88 on September 30, 2023, 01:58:09 PM

Because games depend on luck but I think gambling is good luck. Gambling is not a simple game because there is a lot of money involved so at the end of the day some become rich and some remain poor. You will become more addicted to gambling when you suddenly win repeatedly. But when you lose, you will think about making double money in the future. Moreover if luck is good you can prosper from any business be it gambling. Yesterday my brother won some money from gambling and that day my friend sold his bike to gamble.

We have a saying where I live now and when someone wants to bless you they say not work hard but "may luck work for you and not you for your luck" a very nice saying which clearly answer the question asked here,in life everything is related completely 100% on luck.Why you may say?Well have you not seen that corrupt people run governments now in most countries while people with integrity work like slaves or worse even they are at home unemployed,that is why luck is needed 100% in your life if you want to have a good life,that is why I fully believe this saying,may luck work for you and not you for your luck.

In real life, there are always lucky people, even though they don't have a higher education, they can achieve success, there are even people who are not very smart but can get a decent job so they can earn quite a large income.
It's not much different from gambling, there are those who spend quite a lot of capital to gamble but always lose in the game and even the winnings are not commensurate with the amount of money that has been spent, but there are also those who gamble with small capital but can achieve consecutive wins.
This shows that gambling is based on luck

Life is often unpredictable, right? Despite lacking credentials or "intelligence," some succeed. It shows there's no one-size-fits-all success formula

The narrative is comparable to gambling. Some gamble heavily in hopes of winning big, yet lose. Others hit jackpot after jackpot with a little. It's tempting to blame luck. Then, what is luck? Has it happened randomly? Does the madness have a method? Is luck reliable over time? Is strategy much more important in gambling than we think? Quite a dilemma

radjie

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Quote from: swogerino on October 01, 2023, 05:15:35 PM

Quote from: Dessy88 on September 30, 2023, 01:58:09 PM

Because games depend on luck but I think gambling is good luck. Gambling is not a simple game because there is a lot of money involved so at the end of the day some become rich and some remain poor. You will become more addicted to gambling when you suddenly win repeatedly. But when you lose, you will think about making double money in the future. Moreover if luck is good you can prosper from any business be it gambling. Yesterday my brother won some money from gambling and that day my friend sold his bike to gamble.

We have a saying where I live now and when someone wants to bless you they say not work hard but "may luck work for you and not you for your luck" a very nice saying which clearly answer the question asked here,in life everything is related completely 100% on luck.Why you may say?Well have you not seen that corrupt people run governments now in most countries while people with integrity work like slaves or worse even they are at home unemployed,that is why luck is needed 100% in your life if you want to have a good life,that is why I fully believe this saying,may luck work for you and not you for your luck.

In real life, there are always lucky people, even though they don't have a higher education, they can achieve success, there are even people who are not very smart but can get a decent job so they can earn quite a large income.
It's not much different from gambling, there are those who spend quite a lot of capital to gamble but always lose in the game and even the winnings are not commensurate with the amount of money that has been spent, but there are also those who gamble with small capital but can achieve consecutive wins.
This shows that gambling is based on luck

TelolettOm

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Quote from: Oshosondy on September 24, 2023, 01:19:34 PM

No one should gamble because they are looking for ways to to make money and choose gambling. What that will end it is addiction and further loss of money.

In reality, many people come to gambling for earning money purposes. It is difficult to make people aware about avoiding the money purpose on gambling. Only people who learn gambling properly who understand how gambling works. If the people understand it, they probably never dream too much about winning the jackpot/prizes (big money).

Indeed. If people are too obsessed of earning money, they probably gamble excessively and end up with an addiction/losing huge money. It is because they will use all the money they have to gamble. Unfortunately, using bigger money means the chance for losing bigger money as well. Cry

Quote from: bitbollo on September 24, 2023, 02:37:26 PM

Luck?!?
No it's wrong! gambling is all about mathematics and statistics! You should never think "I am lucky or not..."
It's like thinking "there is karma" out here, yes probably yes but however you can't count only in karma or in luck Roll Eyes

Not sure what your point is. But luck in gambling is real.
You won't rely on mathematics approach on slots or betting. Luck has bigger role in this type of gambling games.
But if it is for Poker or Blackjack, I agree it will rely on skills over luck. So, we actually don't generalize which has more role, whether skills or luck. It purely depends on the type of the game itself.

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Quote from: Dessy88 on September 30, 2023, 01:58:09 PM

Because games depend on luck but I think gambling is good luck. Gambling is not a simple game because there is a lot of money involved so at the end of the day some become rich and some remain poor. You will become more addicted to gambling when you suddenly win repeatedly. But when you lose, you will think about making double money in the future. Moreover if luck is good you can prosper from any business be it gambling. Yesterday my brother won some money from gambling and that day my friend sold his bike to gamble.

We have a saying where I live now and when someone wants to bless you they say not work hard but "may luck work for you and not you for your luck" a very nice saying which clearly answer the question asked here,in life everything is related completely 100% on luck.Why you may say?Well have you not seen that corrupt people run governments now in most countries while people with integrity work like slaves or worse even they are at home unemployed,that is why luck is needed 100% in your life if you want to have a good life,that is why I fully believe this saying,may luck work for you and not you for your luck.

BenCodie

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The answer should be obvious...Yes....even when there is no house edge you still need luck to beat statistical games, maybe there are small rooms for winning without much reliance on luck but that is naïve to assume as a common occurrence. After factoring in the house edge however, it is very much so a case of luck and rarely/never about skill or anything like that.

Offline casino edges range between 1-15%, depending on which game you are playing and where you are playing it.

Online casino edges range between 0.25%-5%, again depending where and what you are playing.

With a 1% edge, you are expected to lose 1 in every 100 bets due to the house edge.
With a 5% edge, you are expected to lose 5 in every 100 bets due to the house edge.

This does to include the chance set with your bet, and how the game is built (usually in favor of the casino).

Ultimately, if you want to win against a casino, luck must be on your side.

The exception is poker. As a fee for playing is different than a fixed reductive of the odds in your favor.

irhact

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Quote from: dezoel on October 01, 2023, 01:02:09 AM

Everything in this world is all about luck, and skills can only contribute a little. If we already have a main source of income, having gambling as an option to make money is not wrong because you still can earn on the other (consistently) if you fail to earn in gambling.

That's correct and gambling needs more luck to win, skills only contribute a little bit to winning. In games that requires skills or knowledge of the game to be able to win like for example, when you're playing sport betting, you'll still need to be lucky to win. We don't have to be depending on gambling wins for income or it'll make us desperate to always what to win and to do that we have to keep playing which will lead to us getting addicted due to spending more time gambling.

An individual that understand the risk of constantly gambling will look for another thing that'll be giving him money regularly so he doesn't have to be depending on winning from gambling before he can have money. Gambling should be used mostly as an entertainment activity.

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Quote from: Jocuserious on September 24, 2023, 01:12:16 PM

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.

Everything in this world is all about luck, and skills can only contribute a little. If we already have a main source of income, having gambling as an option to make money is not wrong because you still can earn on the other (consistently) if you fail to earn in gambling.

Some gambling games are not the same in terms of the probability of winning. Some are very hard to win while some are kind a bit easy, but we shouldn't hope because the casino still has more advantages than us. Winning and losing is the main scheme of gambling. It's not just imaginary or only in our head, and it's up to us if we will apply a trick or a strategy if we think that improves our gambling experiences.

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Quote from: abel1337 on September 30, 2023, 02:30:37 PM

Quote from: Dickiy on September 30, 2023, 11:55:11 AM

Quote from: irsykes on September 30, 2023, 11:00:31 AM

Quote from: bitterguy28 on September 30, 2023, 09:27:19 AM

over expectation is surely a way to lose money , specially in gambling that we all knew that luck seems to be distancing .
why need to seek for great winning when you are playing just to have fun? and destruction of atmosphere is part of how we must deal in gambling .
if you cannot manage to control your emotion then you must not gamble at all.
actually gambling must be for fun , and only winning to be consider as bonus.

Starting from the bonus, most gamblers are ruined because they are greedy for the bonuses they want to get a lot, this is why many people lose everything. Playing gambling should be enjoyed with fun, not with high hopes. but most beginners expect too much and a feeling of thirst for power and loss of control will arise, wanting to get everything. the long journey will find the right point on how to play gambling, how to enjoy playing.

This is certainly what is felt by beginners who have just entered the world of gambling, most of the beginners they only think about the victory they will get instead of thinking about the defeat they will feel,
Moreover, gambling is not just about tricks or patterns to win but luck that will give victory, luck in gambling will not happen in every game, there will be times to lose and win in a game, everyone wants victory as well as those felt by gamblers, especially those felt by beginners who have just played gambling who feel a small victory, they are not aware of the defeat that will be fatal and will harm themselves, of course sooner or later there will be losses that they experience in terms of economy or other things.

They do not realize that gambling is a game that has a big bad impact and not all gamblers will feel a big win, even though they realize that gambling has been regulated by workers in it who will regulate the game, so there is a high probability of defeat that they will get but those who have just been given a small win will continue to play with the curiosity of wanting to win big.

Most new gamblers has this kind of high hopes of victory in their first try. Those who wins on their first try has the probability of play again but those who experience defeat will experience different emotions like regret, revenge and other emotions that differs from person to person depending on how they see their loss. It's just that there are many gambling winners but the number of losers are way more than the winners, it's logical because casino is a business and not everyone can win. I believe that gambling had bring much negativity to people compared to the positivity that people get, I'm talking about the number of people who experience negative effects after they gamble in over all.

Yes, because beginners will not be able to have good control or money management without calculating the money coming in and out of gambling sites. In general, an addict is always stuck in the denial phase comparing before and after gambling. but prefers gambling because of the high hopes he has previously achieved, mental health that has been affected will be difficult to recover in general

maydna

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Quote from: Dimitri94 on September 30, 2023, 02:37:03 PM

Quote from: Jocuserious on September 24, 2023, 01:12:16 PM

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.

If there is money then there is more opportunity to test the luck which is quite difficult for those have no enough money. There are many instances where fortunes would not have unfolded if they had not persevered. Luck does not always bring good results for those who break after a few attempts. Despite having experience in gambling, a large part of gamblers do not win because their luck is not with them. No amount of research or strategy will help if it is not helpful. So often we see luck associated with gambling. Luck will not be the same for everyone. Having no control over one's luck is a good move to continue trying your best at gambling.

But we can't try to keep gambling just to get lucky, knowing that luck won't always come to us. And we also can't always have money to gamble and test when luck will come. They can't keep playing gambling to wait for their good luck to come because that means they have to spend another amount of money even though they may have already lost a lot of money. Instead of having to keep trying because they are waiting for luck to come, they should gamble moderately and not risk losing too much money. They will also not experience gambling addiction problems because they can use gambling as they should. Struggle does require luck, but we don't need to gamble too long to win.

Gozie51

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Quote from: Dessy88 on September 30, 2023, 01:58:09 PM

Yesterday my brother won some money from gambling and that day my friend sold his bike to gamble.

What a coincidence around you lol. That is how gambling play out sometimes like when you are losing, someone else is winning vice versa and the next time it can turn to favour you. This is why for many gamblers, it is a luck game and not what you can depend on for a daily living. That friend who sold his bike to gamble may exhaust all the money from the bike in playing gamble but never wins anything from it and he could express regrets and curse everyone and the casino but sometime when he didn't expect, winning will also come his way. But I can't sell my property to gamble no matter the profit potential or promise because it can still fail, there is no guarantee to win in a gamble staking.

famososMuertos

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Quote from: Jocuserious on September 24, 2023, 01:12:16 PM

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.

It is a game of chance, it is like wanting to arrive at an appointment exactly at 00:00:00, you can, yes, trying it requires calculating the probabilities and if you manage to arrive on time, it is a matter of variables and those variables bring you closer to the result. expected, that is, a probabilistic fact.

But since we are not betting on it, so, let's forget that probabilistic events they are everyday, that is, we are full of luck because we reach our objectives almost all the time, but we do not measure them to a degree of exact precision, like time.

So being luck many times in any game of chance is a probabilistic fact, eventually playing at 50% any game of chance will surely make you lose many times, despite being at 50%, but it is not a fact of bad luck, simply it is probability.

It's always a sometimes philosophical question,

, winning is good luck, but losing is also bad luck, then, good/bad luck = probabilities, so yes, it's all about luck. Wink

Westinhome

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Every gambler know,only few chances was their in winning on betting in the gambling sites.But to try their luck in the game,they will use to bet in the gambling sites.The gambler should use the minimum budget at the beginning to get the more knowledge about the particular game.The better way to manage the loss in the gambling is make some win with the gap of loss.The gambling had the possibility of winning and many people forgot about the winning.If the gambler had loss ten games and win one game will manage to cover the ten game loss means,finally gambler free from the loss.

Topic: Is gambling all about luck? - page 32. (Read 5052 times)