Topic: Is gambling all about luck? - page 32. (Read 6421 times)

That's true that, in the case of sports betting, it is true that those who have more knowledge and analysis skills about those sports have a higher probability of winning, but at last gambling depends on luck. Because it is gambling and gambling definitely depends on luck and gives a result. In that case, if gambling could be done only by skill then it has to be suggested to everyone to take it as a career.

I might have disagree with you on this one OP, I specialize mostly on sports betting (Soccer) and I can assure you that skill alone is just as inefficient as other games. Even if you have the best analytical skills, it still won't make your gambling experience any easier, analysing the possible outcome of a game is one thing, things going according to how you analyzed it is another. The only games that really do requires skills are games that involves your mathematical expertise or use high level of IQ to outsmart or defeat your opponent. Let's say Poker for instance, your skill is needed more than luck, if you're damn good in calculation, you can easily calculate your opponent's next move before he even makes it. That way you don't even need luck no more cos you've got the skill.

The gambling industry is very profitable business because the circulation of money there can be very large, which is why so many gambling sites have sprung up, but all this is balanced by the number of gamblers which continues to increase all the time.
But casinos have the aim of providing all forms of games and betting to be fun or provide what gamblers need, while gamblers come with money and different goals because some want to have fun and also have the goal of making money.
But what benefits the most is the casino itself because they are at the top of the gambling industry chain so no gambler can truly beat the casino or the house edge.
It just that luck plays very big role for gamblers to be able to have an advantage and get win even though the win may not really provide pure profit.

Talking about luck, it is true that what you said is that it is better to choose sports betting because not overall sports betting is influenced by luck.
Knowledge factors and how to analyze play very important role in winning sports betting because in this bet the results are determined by the players or team competing, not by the way things work that are regulated by system like casino games.
Moreover, in sports betting we can choose and see the opportunities that can be obtained for sure and from here gamblers can look for their own chances of winning.

Luck is a key factor in gambling, but the percentage is very small, maybe 1/100, it also depends on the game system. Luck also doesn't happen continuously, for example in 10 gambling games, maybe luck only comes 3 times, the rest of the time you go home without bringing anything. The difference between winning and losing statistics is so different that the chances of earning income from gambling are very small.
Winning never comes to you every time you play, if you are an active gambler you must be ready to enjoy losing to avoid disappointment because you have just spent money at a gambling place.

Gambling has developed to be more advanced than a few years ago, especially with the existence of crypto casinos, which are also well-known and popular among crypto users. And indeed, the casinos will get more profits than the gamblers so gamblers cannot expect to get big wins more often. And if you have knowledge of sports and know how to analyze a match, you can try betting on sports betting so that you can win. Sports betting is different from other gambling games because sports betting requires skills to be able to analyze matches and find teams that have a higher chance of winning than other teams. And with the analytical skills you have, you already have luck because you can find a team that can win against its opponent, which can increase your winning percentage even though you still need luck.

The luck factor is always needed in gambling or betting. But we can also make an analysis of certain games. Such as in soccer betting, horse racing, boxing and the like. But sometimes in the end the result really depends on luck. Because even like in soccer betting, I often bet on the favorite team which is really stronger than the opponent it will play against. But it turns out that the results of the match can be very surprising. So that's what I mean, apparently luck is also necessary. But I'm bad at roulette and such. So I rarely play it. Unless I want to get a little fun when I'm bored. And not for profit. But of course hoping to make a profit is normal.

Exactly, however, some people tend to have a lot of expectations from gambling and on their luck. Those with strange superstitions, thinking they can win by doing a certain thing because it changes their luck, are out of their mind by thinking they can change or influence the results because you can't bring luck by doing a certain thing or even by praying, it just happens when it has to and when it does, it will be a time when you won't be expecting yourself to be lucky.

Responsible and sensible gamblers do that, they never let their bankroll go to zero, and they will always spare some money for later if they see that their luck isn't working because sometimes, when you stop gambling when you are losing and gamble another time, you manage to get some profits because the time changes and so does the luck you carry.

Gambling is different from other things you can predict today and it come to pass with good result all the time you predicted, but in the aspect of gambling, gamblers win by luck from their gambling. That is why you see many people are addicted to gambling because they want to predict with big money and win big money all the time that will make them to sell all the things they have to pursue a big money that will turn their life for good which will be difficult for someone to get that kind of money easily in the gambling without by luck.

That is why you can never be professional in gambling because, you can earn today from your gambling and lost tomorrow which are part of some of the things that is making people not to put big money so that they will be able to bet long.

I think gambling is about having fun. You can't expect to win something from there and then make it a source of your income. Several people I know have a passion for sports betting. This is because they can have fun with it. They guess the winner in MMA or Boxing, or the number of goals in a football match. What they are looking for is the adrenaline rush that comes when our guess is right or wrong. In fact, they think this is just one way for them to enjoy their entertainment budget.

Online gaming is not subject to any logic other than that it is a creation of pure luck. There are no settings or rules that can help you think logically about the results of those bets on online games, even if you are one of the developers of the game.
As for sports bets, they are also subject to a large percentage of pure luck, but there is a mental margin that can be used many times based on comparisons, statistics, and playing history. When you find, for example, a match between Barcelona and a youth team from India, for example, you will definitely not bet on the youth team unless you are a supporter of the underdog theory. Lol

That's simply because the gambling was programmed to be in favor of the casino rather than the gamblers/players.  What mrvels me more is the fact that gambling was never this way before. Back then it was more of skill than knowledge, if you're good with analysis then you'll be sure to make more wins and don't have to always rely on luck, but beats me how things just magically changed and one can't rely on their skills anymore. Now, no matter how good you are with analysis and predictions, your chances of winning are still very slim as you tend to mostly depend on luck now.

That's a bit true and I quite agree with what you said, there are some other types of gambling that do not rely entirely on luck such as sports betting that is based on skill and knowledge, and if you have good knowledge and skills then you will be able to at least realize some of your expectations of victory, but on the other hand I would not fully justify this because still even though you can increase the percentage of luck with the skills you have it does not always rule out the possibility for you to experience defeat.

However, there are still risks that run behind the chances of winning, so with this statement it means that you still can't forget some of the limits you have, it must still be applied, and wherever you gamble I don't believe that if you can get results consistently, you will never be able to avoid the risk of losing. So even though skill-based gambling is superior to pure luck the role of luck will still be there and that's what will ensure whether you actually win or not, and still to apply limits. But on the other hand, it is better to bet on skill gambling only because in terms of risk this is not too scary.

Not all bets depends on luck since we still have games that depends on skills for us to make profits from them. Luck is very essential for us make profits from gambling and also skill can help us a lot and will facilitate our winnings which is one of the reasons why even when we bets on the same game, we might not be lucky enough to make profits from same games. Luck is good and if we don't know how to go about it, we can end up making loses from betting when others are making consistent profits. If we are more interested in luck then we don't have to bet on skill required games.

Gambling depends entirely on luck, skill, and strategy. Every game has a win-win, you can win or win today. If you use all your tricks and if luck is with you, you can definitely win the game. However, gambling is full of the highest risk. There is no chance that you will win every game.

Yup! it's all about luck with a little part of hard work and soft skills. Many gamblers have been said that don't chase losses because it will leads you to losing more and if you didn't control your emotions toward the games, it might lead you having regrets because possible you didn't really know what you are doing because your mind is focusing only on claiming back all your losses. I agree with you, even if you're a veteran when it comes to gambling, there's no guarantee that you will win.

I don't think gamblers believe they can make cash everyday, but they don't know which day they'll make cash and they end up playing everyday they get an opportunity to. Most times, gambling becomes fun so they just gamble along. Wanting to make money from gambling leads to addiction. The more you want to win, the more you keep losing and that's the more you want to recover your losses,  that's why we need to be careful not to cross that thin line.

As for your question, no matter how good a person is any sports or game, he needs a little bit of luck to win in gambling. Some gambling games are games of chances alone, while some require you hmto have knowledge of the game, like sport betting.

I just want to ask, what kind of betting games are you referring to? Is it slot games, poker, or sports betting games? Aren't all crypto gambling games the same, based solely on luck?

So, does it mean that there are no skills being discussed here if the desire or intention of a gambler is just to have fun, and he does not think that this is a source of income or will lift him out of poverty? So, how can it be called skills if our only basis for winning is luck?

Whatever we do, it can't change how gambling works --it is all about luck with a little hard work.
That is we don't have to chase our losses because that only leads to losing more. Without luck, it is hard for us to win in gambling, and even for how many years we've been gambling and have a lot of knowledge and experience, we still don't have any assurance of winning. This is why when I'm gambling, I don't think about winning but rather make myself enjoy and gain another experience just to avoid disappointment.

Gambling isn't all about luck. It's a combination of skills, knowledge, strategies, and luck altogether. It won't really work out the way you want and expect it to be if you will only possess one but not the others aforementioned. If you want to engage in gambling and be successful in it, you should do your best to stay updated with the relevant news especially if you are into sportsbetting, dive into different and techniques, and experiment little by little to achieve the result that you want. It doesn't take an overnight process only to master gambling. It takes practice, first hand experience of the highs and lows, and of course determination. Luck alone won't define your destiny in gambling unless you are playing luck-based games.

Neither gambling on casinos or dealing up with sports betting or any strategic game, LUCK would really be always a huge factor on winning up these games.The only thing differs is that
there are games on which you could really be able to apply some analysis on which it would really be that causing for it to make some advantage or simply adding up the odds or chance for you to win up a bet which it would really be completely different when you do play on pure luck based. You would really be able realize and find out for yourself once you do
have that actual experience towards it.