Topic: Is gambling all about luck? - page 33. (Read 6421 times)

Yes, but the tricky part is with what odds? If you know that a certain team is most likely going to win, then many other people know that too. Hence the odds. You have to bet $10 to win just $1 in that case. And we all know that there can a draw and you lose your bet. So, my point is that luck plays a big role in sports betting as well. But it's true that some knowledgeable bettors can beat that in the long run.

Luck is hard to quantify and the longer we gamble the lower should be the impact of luck of our gambling results. Luck is beating the expectations over a longer period of time, or winning a jackpot that will lead to a big payout. In both cases we will make money from it, but relying on it is not going to be helpful because we can't control it. What I noticed in many cases is that luck happens when you least think about it and usually doesn't happen when you pray for it the most. Without luck gambling would be a sad occurrence with us losing in even more cases. I would recommend to always save some of the money we make from lucky moments. This helps to treat it as something special and protects it from losing the money again during the next losing streak.

I was thinking in this direction before but after careful accessment of the who matter, I realised that luck us just one small ingredient in gambling. There are other factors that influence our gambling decision that are not entirely luck. There is an extent luck can carry you but if you failed to heed to some rules, a single day that luck might not be on your side may be so disastrous. It is not possible to be lucky all the time, there has not been record of that else we would have seen people with win rate of 100%. So there are other factors that play key role such as money management, having psychological balance and others. These little buy important ingredients are what cumulatively lead to gambling success.

Beside, nothing take the place of painstaking analysis of the games you are playing... knowledge is very important. You must be highly knowledgeable in the game to be able to make remarkable progress.

until this discussion, lets look at an example that is easier to understand and I often find that someone who gambles on this type of game can make a small profit even though it can only be used to buy coffee and cigarettes.

a beginner gambler wants to earn a steady income but he knows that all gambling games rely on luck and is looking for types of games that dont rely on luck and he finds the game of blackjack and before placing a bet at the blackjack table he tries to learn to understand the ways and strategies to be able to win in a row and finally tried it several times but still experienced fatigue but defeat is experience and from this experience he continued to learn and understand the strategy and tactics to use correctly and finally he was able to earn at least $100 per day and he was not a professional gambler, he just wanted to continue learning how to deepen the strategy really to be able to beat other gamblers.

with this it is very clear that not all types of gambling games rely on luck but some also rely on skill.

Gambling on it's own is more of luck than anything else, something you cannot control the outcome it therefore means that you are relying on luck to have a win.
However, there are different types of gambling, while some gambling are strictly skill base, there are others which needs alot of experience just like the sports betting. An experienced gambling in a particular league who has studied the pattern of that league will likely have a win then someone who knows nothing about the league.

There's always a loop hole in every system. No system is ideal, no matter how closely monitored, there are people who are illicitly taking advantage of the system. So, these set of people should be excluded when ascertaining if gambling is all about luck. Such things exist in sports betting when it's called match fixing

Here I totally agree with you that all betting is not based on luck and sports betting is totally based on one's skill. If a person is good at sports, he can bet on sports. If I speak from my side I would say I don't participate in betting with unique casino sites I only participate in sports site betting. Every time I bet on sports, I win. I can say this from my own experience. Sports betting depends entirely on your own skill. It depends very little on luck.

I think that no matter what kind of gambling, there is a lot of luck involved as well as skill and experience many times new gamblers are very lucky when they win the first time they bet. And the other is knowing all the benefits that come with gambling. Along with ideas there are plenty of tips and tricks that will help not only beginners but also experienced players to improve their chances of winning. Analyzing the market correctly does nothing good without the simple practice of getting its information.

           -  For other gamblers, yes, they can think about this, but there are other games because winning is not just based on luck; it even requires a strategy and a combination that requires thinking. indeed.

But if it's a slot game, it's for sure that even if you don't use thinking like this, it's for sure that even if you have no idea or it's your first time, you can win a large amount if you time it, and luck will favor you. which is also the beginning for you to become addicted in the future. This often happens to newbies who try gambling.

You're referring to the gambler's experience with the particular sport game he's try to play that such could make it more of being lucky together with the acquired skills and experience in it, you're right indeed because gambling should be done when we are having the complete idea of what we are doing while betting, yet we are still not that sure of getting this luck that we make a win on every bet we made.

Gambling is mostly about luck but something skills can give us an advantage when we gamble, for those skills games we play we also need luck to be sure of winning as your skills can't win you games always. We have different types of games that gamblers can play, some like dice games depends only on how lucky you can be as the house always has the edge in those types of games but when you're betting on sports games or poker, your skills is useful in those types of games.

If you're gambling for entertainment then you can depend on luck always without studying the games and making sure you know all the tricks to use and win. Professional gamblers study games and strategize how they can defeat the house or their opponents when they're gambling as they don't only depend on luck to win but a newbie will always depend on luck when gambling and sometimes it favors them as all it takes to win when gambling is just been lucky at times.

Gambling will always be like that. When there are gamblers who win, there are also gamblers who lose. And what happens more often is that we experience defeat rather than win

And someone who decides to gamble should be able to see that gambling is about luck, skill, winning and losing. He couldn't expect always to get lucky and win. But when he realizes that and wants to relieve stress and have fun, he will gamble moderately without any desire to chase winnings.

They should understand that gambling is about luck and skill and if they don't have them, it will be difficult for them to win. They will only regret it if they keep repeating it over and over again, especially if they use a lot of money to try to win or recover from their losses. The few gamblers who can win after playing gambling for a while will decide to stop. Usually, they will become greedy because they still want to win even bigger so they decide to continue gambling. We already know that gambling requires luck and skill, so instead of being eager to win, it's better for us just to enjoy it as entertainment.

If they really have the skills to gamble in skill-based gambling games, then maybe they can win a lot in their gambling games. But they also can't always hope to win from gambling games because, after all, this is gambling so we still have the possibility of losing. Only people who are wise in using gambling can benefit from gambling and will not pin their hopes too much on luck in gambling games because they know it is difficult. They are better off betting moderately and not using a lot of money so that if they lose, they don't lose a lot of money.

There are people that likes gambling in skill based games which can be more profitable to those that are skilled gamers. Betting need Concentration and if we know how to be a better gambler and bet in a skilled and professional way. We can make more money in it than just betting for luck which might take us more time for us to make profits from betting. Since we have different sorts of betting especially for the ones that do require skilled for us to understand the game and bet, it is good for us to make essential plans in order so that we can win profits without more input.

If it's sports betting, then I suppose certain measures could have been taken. For example team history, previous season performance etc. These factors could be used to narrow down the possible outcome. But in the end, it's all about luck no matter how hard we research. I understand that, but sports do has it's charm. A true sports fan has his ways of knowing. There are many variables in sports gambling, but it can be eliminated. Where in online gambling, it can't be.

It seems that the people you told me about are quite suspicious, I assume that if they are chasing losses to break even or treat losses with wins that they are people who come to earn. On the other hand, they themselves have proven that in dozens of trials there are only a few successes / victories that they are able to get, then where are the rest? obviously lost, because in gambling there are only two, if you don't win then you lose and vice versa. Then why do you still reject the fact that it always happens which is clearly just a matter of luck?

Consciousness is the main problem, it's useless even if they experience a lot of losses if their expectations are higher than their common sense, it will make it difficult for them to achieve consciousness. All of the above is because they are not responsible gamblers, because obviously one of the reasons why they always chase defeat is because they cannot accept the true fact that they are unlucky by always losing money, which also makes it difficult for them to achieve awareness. If these bad habits and mindsets are not stopped then instead of getting a win or breaking even but what happens is that your slump will get deeper, and the casino gets a big advantage from your behavior and mindset that is too much to hope for.

You should respect your decision to gamble with the amount of money you use that won't have a negative impact on your life if you lose it. You may gamble with such a plan but no one actually comes to gamble with the mindset that gambling will result in financial loss. There are several categories of gambling and according to that category it is generally considered whether gambling is directly dependent on luck or luck along with the skill of the gambler. Casino system gambling is mostly based on luck but spot betting or other categories of gambling are not directly based on luck. Sports betting or other gambling will depend a lot on your gambling skills. As a gambler is lucky, he must have enough knowledge and skills about gambling to get most of the positive results from gambling.

Those who continue to chase victory after losing in the game they play will be very unlikely to be able to win and they will also run out of the money they brought and not have any left, if they can realize the defeat they have experienced then I think they will be able to stop betting on the gambling, but very few people can stop gambling if they are chasing wins from the losses they have obtained.
You are right, when we continue to chase wins in the bets we play we only enrich the voters of the gambling place and they will not get the wins they are chasing and luck is not on our side today so we will lose.

Honestly I'm not sure if it's the percentage of luck that you need more in sports betting or skill and knowledge, it's hard to measure but it's certainly true and I admit logically that skill can help you in sports betting  engagements and on the other hand maybe you need the role of luck that will determine the outcome. Yes you are right, if we examine the other side of luck it is true that it is not only about winning and losing  but by being able to go home with the same budget in the sense of not winning and not losing it is also a pretty good result which means that you can still bring home the same amount of capital rather than losing and even not winning.

Haha yes I like the example you mentioned buddy, it makes a lot of sense and it seems that with this example of luck that you experienced it is clear enough  to conclude that luck is not  about winning and losing, and the luck you experienced there is more  related to luck in your real life, but that's very good because you have explained and provided a detailed understanding of the actual concept of luck.

Gambling is a fun thing and it is a place of entertainment but their win mostly depends on luck. And although many people come here for the purpose of fun and many people come for the purpose of earning, no matter what purpose they go to gamble, no one likes to lose.  Everyone's goal is to win. If you win, the amount of fun increases a lot, but if you lose, the fun often turns into something bad. So if luck is not good, it is better to gamble less. Because it causes financial loss.

Yep when someone suffering a bad thing, it means there's someone receive a good thing.

Since we're promoting casino project, it's also a good affect to us as the casino is making more money, resulting the stability of campaign.

So yeah when someone is become a gambling addict, it's not bad at all when we're look into bigger scale.

We can gamble to make fun, in this i won't say the gambler is after the luck of winning or not, we can be after making money, then in this we can make a reasonable consideration on luck and skills that we've got in making a particular bet we know we can perform well, we should not be thinking in a single direction about gambling being a win or win entertaining activity, we should consider the both side for winning or loosing, being lucky or skillful, we are gambling to make fun, money and to get busy with our fun time with gambling.