Topic: Is gambling all about luck? - page 34. (Read 4869 times)

Well and any type of gambling will always be attached to the name of luck, it's like two parts that can never be separated because it is profit - profit. As we discussed in this topic, there are quite a lot of types of gambling, there are those that only really need pure luck to win and there are also like what you discussed, namely sports betting, which honestly there are several opportunities for us gamblers to increase the chances that luck will be more in our favor. Well that's analysis, and it can be very useful, for those who like sports, they will at least know about which teams are good and which are bad and with that means that skills are also needed to know who will be able to win at the end of the match and also with that we can choose which one is better for us to place a bet. So if you do have experience and high flying in the field of sports then in my opinion it is possible that it will be able to increase your chances of winning, although well anything can happen at the end of the match and still the rest will refer to luck as well.

Indeed, you can't win with your skills alone and with that example of yours there's nothing you can do if your card is not giving you
the best set to win the game.

More on how luck back you up with such one, the chance of making money is really good, it's just your
set limitation that will wisely give you the chance to win a decent amount money.

Luck and skills combine plus wise decision making. You'll going to leave the house with the chance to bring
good amount of winnings.

Well gambling is indeed more based on luck. But that doesn't mean it's just based on luck. Because we can make our own analysis on several types of gambling. But there are types that only rely on luck and there are types that require quite in-depth calculations and analysis to increase opportunities. But I personally prefer to make it just for fun, like playing any other game.

But about this luck I think is something quite strange. Sometimes beyond reason. Like there are some of my friends who are always unlucky. Even his misfortune struck me as a little scary. Because if I bet the same thing as him then I will also be unlucky. hahahah so I always bet different things with that one friend of mine.

You nailed it @Rabata. A gambler seriously needs to be lucky most times in other to win their stakes but that doesn't mean that for one to be successful in gambling, he only needs luck. Sports betting as a form of gambling requires intense analysis of games in other to place bet with the best possible options that'll facilitate winning.
Like you rightly say, since gambling is mostly about luck, it's not advisable to get involved in it in the first place as it'll exhaust the time that is supposed to be used in something more meaningful.

Exactly, where there is gambling there is luck. As for what percentage of luck is needed I think it depends on what kind of gambling they are doing, and well for example as you discussed above, about gambling or sports betting, there a skill is needed and you can also increase the chances of luck to get a win by doing some analysis on the club you choose, whether it is convincing enough for you or not, if not then you can move to choose another club. And of course that means sports betting or cricket is quite different from other gambling in general which only requires pure luck to win.

So I don't think it's entirely true to say that skill and analysis are useless in sports betting. Yes sometimes a strong team can lose to a weak team, but you probably know that's very rare and why people assume that it's a strong team, because "they produce more wins at the end of the match", therefore they can be called a strong team, I think that's pretty clear logic. But I'm not saying that it's really always profitable, because luck is still needed in every gambling.

Sports based betting requires good analysis besides luck, so if one wants to win his bets, he must be able to analyze well to choose the right team. Learning good analysis will increase the chances of winning, and, with luck, it will also increase the chances of winning. But we have to remember that even though in sports betting we can win from our analysis, we have to be prepared for changes that can occur when the match starts, so we have to be able to look for more information to overcome them through our analysis.

It is difficult to win even if you feel confident because gambling is not about confidence but about luck if it is a luck-based game and analysis if it is a skill-based game. If what you mean by confidence is that the results of the analysis you carry out can make you believe that your chances of winning are greater, that's okay because good analysis results will show what percentage of your chance of winning. But that doesn't guarantee we can win because everything can change once the match has started. But we do need luck and analysis to win sports betting.

Luck has a good relationship with gambling. Where a person cannot win at gambling if he is not lucky. However, good analysis in sports betting can increase the chances of winning. But it is not entirely possible because we often see some matches in sports betting where a weak team wins against despite having a strong squad. Data analysis is worthless in this case and a gambler must then rely on luck. and perhaps this is why the OP brought up the issue of luck in gambling. Where luck contribute major roll, we can not certain win in gambling. So thinking of earning more money from gambling is just a waste of time.

Gambling is, to me, just a once in a while event, ranging from casinos to others, I get to partake in it once in a while, it might be once in a year or more than that for me.

I don't consider it a source of livelyhood, as to earning profits big time (even though most people solely depends on it which consequently results in  addiction), I consider it not worthy of what should attract my time and resources not to even consider dependency on it as a way to live life.

If that's the luck games, you surely don't any strategy there and just keeps on rolling the dice until you see your balance grow or run out.

There are certain activities as you gamble that you can use your skills like how knowledgeable you are in a sports. That's already a skill so it's not entirely depending on your luck.

But as said, that's depending on your preference.

Yes, it is. There are gamblers who even if known as skilled and really good in gambling, they can still lose because they are not lucky enough to win. For example in card games, even if you have a good set of cards and the hand of your opponent is really lucky to have a better set of cards, you can't beat it using only your skill.

Gambling definitely depend on luck. there is no strategy in gambling that can guarantee anyone a profit. here luck is needed more than skill. For those who are lucky, they can win huge amounts. and such a lucky person is rarely found. Gambling can be a great thing for those who are lucky, but for those who are unlucky, gambling always leads to bad experiences. And so it must be said that gambling is always dependent on luck

If you play a game like poker and also bet on sports you may not only need luck to win but also skill and knowledge but for games like slots roulette or lottery betting skill is not the important thing to prioritize and luck is the most supporting factor dominant to be able to win it.
But on the other hand luck and skill really need to have self-confidence because when gamblers have self-confidencethey have great confidence in winning based on the predictions they make then indirectly the suggestions they have can bring good luck to win.

Gamblers can only try by betting and making predictions or choosing games that might give them a win because no one can predict or beat the algorithm or performance system in gambling and requires luck to be able to beat the algorithm in gambling.
Unfortunately not everyone will understand things like this and most only care about betting and betting to try their luck or make a profit.

You are right, various types of gambling do require luck to be able to enjoy victory, although there are some types of gambling, such as sports betting, which we can see from the skills of the team we choose to bet on, but there is still a side of luck too because of how good their tactics are. There will always be winners or losers in the match. If we can analyze well the team we choose to bet on then there is a possibility that we can win it.

The plan and abstraction of making money through gambling as gambler  is an unrealistic affair.  If you wanna make rich through gambling it can only be actualized by owning a casino company or having shares in the company that's what guarantees money making through gambling and not by being a gambler. Theirs no mass of luck you will have for winnings that can make you a wealthy gambler as the odds for you losing back to the casino whatever amount you might have won out of luck is 99% higher than having more wins. Gambling is mostly about luck which is the reason we shouldn't hang our hopes for a wealthy life on something related to luck. Just have fun and be entertained.

Card games or poker do have a strategy that they do but really it refers to luck, nothing purely because of strategy or thought but if you are lucky you will win.

Yeah,,, especially when the league has started along with other European competitions, this makes the bets increase and the level of analytical research is increasingly done including looking for news of player conditions and other statistics.
For me this is a fair bet because it is not organized by anyone and we will see the match directly between winning and losing.

Of course, friend, gambling is just luck, because we all cannot predict the final result, win or lose. We are just players who are willing to spend money to gamble, whether in small or large amounts. And not just anyone understands the algorithms in gambling, if most people knew about it then I don't think there would be gambling. Because most people when gambling will experience losses when gambling and only a few will win.

You are right, and in order for the "game distance" to be as long as possible, you need to play for as small amounts as possible. Nevertheless, probability theory admits that even then the player may not get lucky many times in a row and in this case you either need to continue adding a deposit or accept it. But if you add a deposit, how do you know when to stop doing it? I mean, so that the game does not turn into an uncontrolled waste of money.
And how to understand that it's bad luck for you, and not you yourself somewhere misunderstand something?
Therefore, it's not so simple.

It is really easy to say that people have gambling for fun and the time killing thing but the truth, many of them will not tell you what is in their mind. First, nobody have free money to do give away for casinos, they don't wake up for the weekend to say they want to give out money for free, even if the basic understanding of gambling been for fun, majority are there to make money and that is why many of them have change of face when the money they bring to casino houses are gone.

I know some people that see gambling as alternative to make big money to start a business, anytime they win jackpot, the first thing they do is to make this money go into a business because they believe that gambling money is breeze that can blow out anytime if the money win is not use to start a business, they do this to top up their business if there is losses in the business just to keep it running and not run into any debt, so it is not everybody that gamble for fun but for making money for sustenance.


Gambling changes life to say the truth and gambling can ruin an already estalish person who have a regular source of money or business, this is not I heard thing but from experiences we saw from people. We need to take a bigger picture that gambling makes riches but the people gambling have sent to trenches are 10x of the people gambling has made riches too, when you check people who don't have good money management always fall in the loser category.

We can apply such strategies, especially the one that we know is effective in our journey but there's no guarantee that it could provide us the profit that we want as the result will always be unpredictable despite the techniques that we may apply.
Sometimes, the result still relies on our luck but we can make the game flow better if we'll analyze each pattern and be wise in applying strategies. Gambling is tricky but if we know how to deal with them, we could be victorious.

Precisely how do you mean? If every winning is in the hands of the player then the casino business won't be a lucrative one because they will run out of bankroll to make winning payments and rewards as winnings will be recorded day in and out .

If you are familiar with the gambling board here then you will see the amount of new casinos starting up and that is because it is profitable for them in business as they pay out lesser that they get in profit and even tax for those regulated to pay tax.

So winning or losing is not in the hands of the gambler as you have alluded, gambling is cushioned by luck and whatever is based on luck, the probability of the luck is very limited that is why it is called luck.