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Topic: Is gambling all about luck? - page 44. (Read 6421 times)

legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
September 26, 2023, 07:29:18 AM
Luck plays a role be it EV+ or EV- in nature. Just that the luck factor is smaller in the former than the other but can often become significant to make you lose or win. If you ask me, for the common people, gambling is a game of luck because most of them dont know about EV+ games because they are like full time jobs, the players are studying it and dedicating full time to it.

Even then its not a cup or cake to conquer an EV+ game, hence if you dont want to get washed out, avoid gambling.
hero member
Activity: 1974
Merit: 586
Free Crypto Faucet in Trustdice
September 26, 2023, 06:59:53 AM
Most of the casino games are purely based on luck. But there are also some games like poker and other card games that involve strategies and some other mind calculations but still, luck is part of gambling.

Sports betting is also another form of gambling where I am mostly focused nowadays. It's a challenging bet since our knowledge and analysis of the sports, teams, and athletes are super necessary to win. This has been my favorite form of betting ever since my college days. I also had my fair share of winnings and losses over the years. I love testing myself in the sports that I am following the most.
And in the end our bets will again depend on luck. I really agree with you that in soccer betting we can learn many things in order to determine the possibility of a team winning. However, football betting is a common thing that has often been used as a reference for a long time, or more precisely, placing bets on behalf of the club. So if the club is considered a big club, it has a high reputation, a winning record and the condition of the players is very supportive in every match played. So the betting choices will be easier, although sometimes I go against the odds and test my luck on weak clubs due to tempting Odds.
hero member
Activity: 1862
Merit: 601
The Martian Child
September 26, 2023, 06:04:10 AM
Most of the casino games are purely based on luck. But there are also some games like poker and other card games that involve strategies and some other mind calculations but still, luck is part of gambling.

Sports betting is also another form of gambling where I am mostly focused nowadays. It's a challenging bet since our knowledge and analysis of the sports, teams, and athletes are super necessary to win. This has been my favorite form of betting ever since my college days. I also had my fair share of winnings and losses over the years. I love testing myself in the sports that I am following the most.
hero member
Activity: 1708
Merit: 566
Leading Crypto Sports Betting & Casino Platform
September 26, 2023, 05:47:01 AM
Yeah, that's true about winning but it also varies from time to time. If you're here to make cash then you expect that you're also about to lose so, if you're going to have the ratio of winning and losing, losing has that higher ratio than winning. And you don't have to be putting all that you can into gambling and the same goes for the hope that you'll make quick cash on it.
I'm sure that because in gambling there is no guarantee of certainty, it is true that in terms of winning it also varies greatly, the budget you bring really doesn't matter, no matter how much capital you bring, you still won't be able to know the statistics of how much you will win, and maybe we can only guess. Agreed, if there are some who come with the aim of earning then it is very clear to say that defeat will always dominate them, because something that is only limited to luck will always make the brain and mind always curious and obviously the percentage of victory will be lower than victory, because the house creates a system only for their own benefit and the gamblers who are made victims.
The capital matters only on how to prolong your stay but if you're lucky and you're doing a great job in maintaining that then you'll definitely prolong your stay and might get some profits along the way.

Of course buddy, basically it will only keep you there for a long time because because of the big capital it will make you strong enough to stay there, although the final result is really no one knows, winning or losing are two definite answers and it is clear as we discussed above that the percentage of victory is much lower than defeat. So the big or small capital you bring will not affect at all, it will only be able to make you stay there longer before finally losing again. I think it's better for them to bring only the capital they can afford to lose, or that means they have full responsibility if they lose in the end, anyway if they are lucky even if the capital is small, they will definitely be able to win, so this is not a good alternative but this way you may indirectly increase the amount of your losses.

It is in the books. About tricks or you mean strategies, they're there but it just so happens that they're not going to work at most times. We've got luck yes and it's part of gambling but you can't be too depended on it because you will not know if you're lucky this or not.

I think it's just a waste of your time, do you believe in all these methods or strategies? I think by understanding that gambling is only limited to luck, you should be able to think with your common sense that of course whatever strategy you bring will not have an effect because it is clear and very real that it is only about luck, therefore as you said this often does not work. I think this fact is very clear, and maybe it's just that you are too much by adding a lot of ways and believe that it will work, but in fact it's nonsense and still lose.
Somehow I do, there could be strategies that might work for me but not for you and for the others and vice versa. But these strategies are just within us. It's like a practice on how we do the games we're playing and it's hard to think of any other new strategies when most of them aren't really staying for so long.

Well indeed every gambler has their own ways and assumptions every time they gamble, honestly I don't mind this because winning or losing you and they themselves feel it. But maybe here I'm just talking about gambling that really only requires pure luck that doesn't fully affect even if you try various ways. And well there are many versions of gambling that actually do require a way or strategy to increase the chances of winning, such as poker or sports betting that requires skill and analysis, but still refers to luck.
hero member
Activity: 700
Merit: 673
September 26, 2023, 05:20:48 AM
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.

Making gambling a major source of income can't really be considered a good choice by anyone, as the person who will want to turn gambling into their means of earning might end up using their entire savings to wage on games that might end up disappointing them.
 
On the aspect of gamblers winning their games bringing luck or their skill put to good use, some people might claim that their chances of winning are based on their skill, which they use to predict the outcome of a game, but most times I ought to disagree with that, because most of the time the games that might appear to be a winning game based on their predictions end up disappointing them, and winning doesn't always happen the way they expect it and when they expect it, as there is no sure game in gambling.
 
Although when someone knows how to predict a game, by using those they plan to predict the outcome based on previous performances and other criteria they look at before making their conclusions, the skill they use in doing that most times increases their chance of winning, and luck does the rest of them, that's just what I believe.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
September 26, 2023, 04:32:15 AM
I don't think gambling is all about luck. In many different games gambler mainly reviews and tries to maximize their chances to win money. There is certain statistics and mathematics behind many games. There are some luck based gambling games but many many of them are skill-luck combined. Also, sports betting for example is nothing about luck. Your knowledge helps you win at it - luck may affect match but in general 90 minutes professional game (soccer/football) will have decreased amount of luck influencing it.
Sports and card betting does not only depend on luck because there are analytical factors behind it before we decide to place a bet. By gathering more information about the match and each team, it can be useful for us in making betting choices. And it's not just about luck but about how we can analyze well. Especially if in researching it, we find there is a tendency for changes in the middle of the match so we feel the need to analyze more deeply for each team. But when the gambling game is a slot or dice game, it depends on luck so if we don't have it, we won't be able to win.
full member
Activity: 1484
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★Bitvest.io★ Play Plinko or Invest!
September 26, 2023, 03:55:35 AM

Because gambling is all about luck that's why, it shouldn't be depended on as a sources of income because you can't be sure you'll make profits everytime you gambling and if you chase after profits always you'll end up always over gambling and would be addicted, which will be bad.

I slightly disagree, because it will depend on what game you're playing. For example, in a slot machine, your chances of winning depend on probability. There will be a certain time and probability that you will hit the jackpot, poker, or any other card game. It requires your capability to think, or critical thinking, because you will think that if you have the winning card, you will also consider probality and odds. and many more. In short, yeah, any gambling requires luck, but not pure luck. Consider the probability and your capability to do critical thinking.
legendary
Activity: 2436
Merit: 1366
September 26, 2023, 01:13:24 AM
I don't think gambling is all about luck. In many different games gambler mainly reviews and tries to maximize their chances to win money. There is certain statistics and mathematics behind many games. There are some luck based gambling games but many many of them are skill-luck combined. Also, sports betting for example is nothing about luck. Your knowledge helps you win at it - luck may affect match but in general 90 minutes professional game (soccer/football) will have decreased amount of luck influencing it.
hero member
Activity: 1302
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Leading Crypto Sports Betting & Casino Platform
September 26, 2023, 01:05:50 AM
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.
you will win , depend on your knowledge in gambling and ability to find your luck.

but that doesn't mean there is assurance at all.
There is no ability that can guarantee victory and there is no ability that can find luck because luck always comes unexpectedly and without us expecting this luck in gambling will usually come by itself somehow and we cannot determine when we will have luck.
Most gamblers believe they can get lucky if they keep betting but unfortunately they don't realize that luck can never be achieved easily.
But usually there are some people who understand that big luck will come once in a lifetime and they choose to risk a certain amount of money in games or betting that have jackpots such as dice or lottery games.
hero member
Activity: 616
Merit: 749
September 26, 2023, 12:23:10 AM
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.

Gambling is all about luck but sometimes your knowledge on that type of sports can help you win and that's when you're betting on sport games but when you want to play real gambling that depends on you having to guess, you will need luck because there's no strategy that you can use when guessing and it works multiple times. In gambling there's no assurance of winning because when you know everything about a game you'll still need luck to be on your side.

Because gambling is all about luck that's why, it shouldn't be depended on as a sources of income because you can't be sure you'll make profits everytime you gambling and if you chase after profits always you'll end up always over gambling and would be addicted, which will be bad.
sr. member
Activity: 2618
Merit: 439
September 25, 2023, 11:33:21 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.
you will win , depend on your knowledge in gambling and ability to find your luck.

but that doesn't mean there is assurance at all.

Quote
I think winning or losing every game is completely in your head, so your individual tricks are not there.
wait, what you said is IN OUR HEAD? how come ? winning or losing? sorry but I think it is not what gambling is all about.
Quote
However, we all have some kind of luck so we should strive for what is possible for us.
and know when to stop mate.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
September 25, 2023, 06:44:05 PM
Most of the time but in some gambling games, analysis works. It is just that nothing guarantees a win unless it is a fixed match and you happened to have a trusted source of information. But with analysis, perhaps in sports betting, analysis does really work. In a match between teams you may look for their stats; previous matches, records, attendance of players during the game you would bet (there are instances wherein best ones are injured so it is also a factor), and the likes. Still it won’t guarantee a winning bet but atleast it would increase your chance of a winning bet. There are also other strategies such as betting against or with odds. However, betting against odds would be risky yet rewarding. And with betting on lower odds, you’re more likely to win but sometimes it won’t be as rewarding as it should be to satisfy a gambler.
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
September 25, 2023, 04:44:16 PM
I think casino games are 100% dependent on luck. But betting on sports organizations is based on analysis of current data. Therefore, betting on sports organizations is based on knowledge rather than luck. I bet on sports organizations because I don't trust my luck too much. However, I can't say that I always win. Because I always feel that I need a little bit of luck. Sometimes I get lucky and win, sometimes I get unlucky and lose, but I find it more consistent to bet on sporting events.

We should be realistic. When there's a house edge, no one can win consistently using their skills, or at least they will lose in the long run. That's why games are divided into luck-based and skill-based categories. If your game belongs to the luck-based type, it's pretty obvious that you can only win when you are lucky.

The question is, will you risk gambling if that's your only chance? You know, casinos or the house do not rely on luck; they rely on their advantage.

The company aren't fooled to designed a fully functional casino that will continue to allow players to win, they have to lose so that the house will keep running the company, and even before public lunch, this thing is run and tested many times before are been rollout for real business but the advantage of it is that when wager at the right time and it flip to your favour, you will appreciate gambling for real and if it happen that you wager a reasonable amount of money, you will work home with a fortune but I don't think sports betting works like that they are always based of the statistics and available analysis.

In sports betting, if you don't have the skill to analyse and use the available information to bet, you will lose everything before even starting the gambling journey, that is just the plain truth about sports betting. Better to use your skills to make decisions that you know can give you good results, you will likely win before someone that is betting based on luck, they will not even win anything at all if we are been frank.
sr. member
Activity: 2226
Merit: 347
September 25, 2023, 04:35:30 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.

It is not about making cash from gambling, which is totally bad, but to rely on it and take it as your source of income is where the problem comes. However, it is very bad to rely on gambling. One needs to gamble responsibly without thinking of making money from it because when you think that you will start gambling to make money from there, you will start being lazy to work on a normal basis that you normally earn a living. However, winning in gambling every time is impossible and can never be done, so sometimes one must lose twice before winning a single ticket in gambling, whatever the type of casino you use.

Being a good gambler is not just about luck. Luck obviously plays a role in gambling outcomes, being skilled, knowledgeable and strategic can greatly enhance your chances of success.

Sure. Someone must be knowledgeable about the specific type of game they want to stake on, how they have been performing, and other necessary things. Even though luck works more in gambling, we still need the skills and knowledge of how to do it to protect us from losing all the time. Because what is affecting some gamblers is this analysis that they lack; they just go into a betting shop and place a bet. I see those types of people on my side. People always lose in gambling, and winning is not much like when you have knowledge about what you are doing.
Gambling is for pure entertainment nothing less on which it would really be just that normal that we would really be aiming up something since gambling could really give out that kind of probability on winning big.
The main aim on why people do gamble is to make that quick profits or bucks without even trying out to realize that its never been that simple and its never been that ideal on making it some sort of income
on which there are people who do really treat up that way even though it do really looks that having no sense on doing so but there are actually people who do have that kind of treatment on which it
isnt really that something recommendable. We do gamble for entertainment and if we are lucky then we do win up some amounts but if not then its a total loss. Dont chase up your losses because
this is where problem do start or begins is on which on the time that you are spending more than on what you can afford to lose.
legendary
Activity: 3752
Merit: 1415
September 25, 2023, 04:28:43 PM
#99
A lot of the casino games are luck.  Inherently all gambling has some degree of luck.  Games like poker much less since ypu can dictate what hands you play and how to play them.  Then there is blackjack type games where you need to make good decisions to gain a better series of luck related outcomes.  The better decisions the better chance you get lucky.  And then there are things like slots which is pure luck since it's all randomized.  More luck that's required the less chance you will make any sort of money on that game. 
sr. member
Activity: 714
Merit: 353
September 25, 2023, 04:17:05 PM
#98
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.

It is not about making cash from gambling, which is totally bad, but to rely on it and take it as your source of income is where the problem comes. However, it is very bad to rely on gambling. One needs to gamble responsibly without thinking of making money from it because when you think that you will start gambling to make money from there, you will start being lazy to work on a normal basis that you normally earn a living. However, winning in gambling every time is impossible and can never be done, so sometimes one must lose twice before winning a single ticket in gambling, whatever the type of casino you use.

Being a good gambler is not just about luck. Luck obviously plays a role in gambling outcomes, being skilled, knowledgeable and strategic can greatly enhance your chances of success.

Sure. Someone must be knowledgeable about the specific type of game they want to stake on, how they have been performing, and other necessary things. Even though luck works more in gambling, we still need the skills and knowledge of how to do it to protect us from losing all the time. Because what is affecting some gamblers is this analysis that they lack; they just go into a betting shop and place a bet. I see those types of people on my side. People always lose in gambling, and winning is not much like when you have knowledge about what you are doing.
full member
Activity: 1246
Merit: 116
September 25, 2023, 04:15:23 PM
#97
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.

This is the irony of life! Truth is everyone is gambling because they are looking are looking for money; in fact immorally (we all know gambling is wrong way of life) gambling is a fast way to get rich and get rekt quicker too. What can gamblers do?

Gamblers need to believe in OP; Because gambling is all about luck, by doing that you overcome desperation.
legendary
Activity: 2814
Merit: 1192
September 25, 2023, 03:49:02 PM
#96
It mostly is luck, that's how I see it, although it's one of these threads where we can't really be sure, rather say what our gut is telling us.

A good poker player will tell you that it's all about skill and experience, although you can continue to get bad cards and be forced to either fold, or bluff each round. Since you're forced to bet every round, it's going to cost you, so luck plays an important role.
Some people say sports bets are based on skill, but what if a star player has a bad day. We've seen it more than once. Rhonda Rousey was 12-0 in the UFC and people thought she was going to be the champion for a long time and then she lost 2 fights in a row and retired. Who would have thought?

You can't predict many things in gambling so experience, calmness, good money management can help, but they're just pieces that make the whole.
hero member
Activity: 546
Merit: 516
September 25, 2023, 03:41:51 PM
#95
Gambling is not entirely about luck, there is a place for skill and psychology. Even though some persons might doubt it, if you don't have the skills and psychology to manage your gambling portfolio, the chances are high that you will eventually get wiped out. Habits like increasing staked amount after serious of losses,  quiting for the day or a certain period after major wins and many others are skills and psychological preparedness that have nothing to do with luck.

Being a good gambler is not just about luck. Luck obviously plays a role in gambling outcomes, being skilled, knowledgeable and strategic can greatly enhance your chances of success.
This is the crux of this discussion.  There is some form of luck but that is not all there is to success in gambling. To be successful and consistent in gambling, you must be disciplined enough to have rules that you miss must follow religiously. These rules will enable you cut your looses while maximising your profits.
legendary
Activity: 2688
Merit: 1192
September 25, 2023, 03:37:06 PM
#94
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.

There is a lot of "luck" in gambling, I mean it is the inherent nature of it that you are always weighing up your odds and facing the ultimate risk of losing your entire bet if those odds go against you. If you think you have any sort of control in the unskilled games you find in casinos - like electronic slots - then you have already lost and luck is the only thing that might bring you a slight bit of comfort. Most people do not capitalize off their good luck however and return any money gained back to those same casinos. The only chance you have is finding a skilled game or being able to accurately pick odds that sportbooks have mispriced, but they are also very good at their job and always improving on it.
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