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Topic: Is gambling all about luck? - page 48. (Read 6421 times)

legendary
Activity: 2940
Merit: 1083
September 24, 2023, 05:06:16 PM
#33
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.

Gambling is not meant as an option to make cash purely.

Basically, we can make money thru gambling but that should not be considered as always and the only option we have to make money. Gambling is already risky and of course, it needs our money at risk to take part into gambling, what if the worst happened? Even there's a designated budget to be only used on gambling, I doubt most gamblers will follow that budget and mostly, they will breach that budget affecting the other budget it should went to.

However, we all have some kind of luck so we should strive for what is possible for us.

Luck in gambling come and go. We didn't even know when it will arrived.

If we will only depend on luck, then we are just throwing our money on something even we considered those money as afford to lose. Since luck is not always there, once it come to us, be responsible enough to cashout profits in return and don't get be carried away.
hero member
Activity: 1918
Merit: 564
September 24, 2023, 04:56:56 PM
#32
It had been established that all chance based games is all about luck, but the sports betting is all about knowledge and skills with a little touch of luck.  Since chance based game result is random, there is no assurance that a person will win unless he Mr. Luck smiles on him.  While sportsbetting is all about understanding the team participating, sizing their abilities, strength and weakness, a skilled gambler of this kind of gambling can easily predict with a higher possibility of winning.

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 should not be seen as a money making machine,  we should look at it as part of an entertainment industry where we engage  with it to have some fun with a twist of the chance of winnings.  
hero member
Activity: 1484
Merit: 928
September 24, 2023, 04:43:29 PM
#31
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.
Taking gambling as a source of income is really a wrong idea. If you think of making money through gambling, then you are trying to cause problems for yourself. When gambling, we always have equal chances of winning and losing, there is no assurance that anyone is going to win. The funniest part is that whenever you are confident about a particular bet, then you might end up losing it, so there is no assurance. That's why gambling shouldn't be taken as a source of income. Gambling should be done for fun, whenever you win, the money can be used, but don't have it in mind that you will be making money from gambling.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
September 24, 2023, 04:41:49 PM
#30
If we consider there is 100% fairness in games like slots, plinko, dices, etc; then indeed we can say it is all about luck. On the other hand, when we talk about betting, poker and other card games, then I would say there is a small percentage of the win chance which is directly dependent on the player's ability and intuition to foresee and outcome.

That is why when I read people talking about mindset or strategies for games, like those I first mention, to me does not make much sense. It would be easier to talk about strategy when playing poker instead.

Strategies I can think of that will work on casino games are usually just Martingale and max bet upon x times of loss, which to me does not make much sense as these can be considered as bankroll management and not directly a strategy to defeat the game. I don't know what kind of 'strategy' will work to a game that is governed completely by luck and variance, because if there's one then I'm pretty sure people would know about it and use it all the time.

We can either call it bankroll management or strategies, still do not change the fact that results got through them can vary largely thanks to luck.

Actually, Martingale is a bankroll management technique which is obviously pretty prohibitive most the majority of gamblers, because it can require more and more money in an exponential way so one could recover from losses eventually with a single good luck strike. I have not seen anyone, but a few people around here to try it and offer screenshots as evidence and I felt impressed on how much risk such management involves...
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
September 24, 2023, 04:40:50 PM
#29
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 you are gambling to make money, then you are simply broke and looking for a way to use gambling as a means to make money, doing that alone with the emotional financial imbalance can make you do wrong choice in selection and playing, instead of you to apply skill to win, you will b judgemental about your decisions and that's why it's neve good to think that gambling is the best way to make cash at hand.

Secondly, it's your head that gives you good choice of selection, luck is there no doubt, but the beginning of your luck start from what comes out from your head. If your head pick wrong option, you will lose and continue to lose but when you choose with your head and it comes out fine, that's when you can call it luck because using your head to determine what you don't know but have it the way of your expectations is really great, if your head is not good or has zero knowledge about it, you will lose more instead of making more.
hero member
Activity: 798
Merit: 1045
Goodnight, ohh Leo!!! 🦅
September 24, 2023, 04:33:57 PM
#28
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.
Heyyy shhhhhhhhhhh.....have you forgotten you're promoting a gambling site? Lol.. they're not just gonna pay you anymore Tongue

Well, everyone knows it pays only about 13% outta the whole population that gamble annually....  like, that's crazy  ; cause at the end of the day, you're losing but they're just gonna make it look like you win most of the time... If you gamble with bankrolls, don't dispose 'em... Accumulate the whole potential wins and deposits and you'll see the truth for yourself...

Sandra 🧑‍🦰
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
September 24, 2023, 04:30:22 PM
#27
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.
Yes it's a matter of luck, but what uses that strategy is sports betting but the reality is that luck is the highest in gambling.

If you expect more from gambling then it is not good let alone make it as an income then it will be bad something happens to you, should not expect more unless you want fun by losing money in this game.

Gambling can make you addicted, if this is already in you then it will be difficult to get rid of.
hero member
Activity: 1022
Merit: 667
Top Crypto Casino
September 24, 2023, 04:22:28 PM
#26
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.
Don't get it twisted,  making money from gambling is not a bad thing because most gamblers gamble to keep winning whether you are playing for fun or for the fun either way making money and winning games is fun so it all balls down to the same thing which is that.

Gamble with the amount you can afford to lose and always take out all your balance leaving only the tour percentage play balance which should be set every week.
hero member
Activity: 700
Merit: 577
Hire Bitcointalk Camp. Manager @ r7promotions.com
September 24, 2023, 04:22:14 PM
#25
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

That's why I will not focus too much on "luck".... moreover I will not think about it.
Yes it can be counted as a part but it's not "magic" and has a clear explanation/evidence just.... with science!
You can't just say no, all gambling involve or need luck. Whether you like it or not luck is involved and part of the process or the fun in all gambling. Tricks, skills and luck are all involved in gambling and if any of these is not well utilized in the gambling process, you can't do well. I don't think any gambler depends on luck but luck comes on it own in the process of gambling.

Analysing games to win still need luck. You can analyze A to Z without luck you can't win, luck is abstract which only appear in the winning.
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
September 24, 2023, 04:20:53 PM
#24
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.

Referring to the title of this thread.
The answer will really depend on what game you are playing. If we play a game that is purely based on luck, of course luck plays a big role in our need to win the game session. However, for several other types of gambling, it's not all about luck, although luck also plays a role. In some gambling cases, luck is another supporting factor, apart from us involving several methods or mechanisms in determining every bet we make. It's up to you whether you want to believe it or not and that is your right.

For me personally, luck is another factor in every bet I make. for example, in football betting, if we only rely on luck, that means we don't need to bother researching and analyzing every match between the two teams that will be held. we just choose randomly to choose the team we will bet on, because basically we believe it's all about luck.
However, in practice, it is not that simple in all our actions in football betting. Apart from the luck factor, there are other factors that become our mechanism for minimizing defeat. In this way we must have an understanding of football itself, the system that the coach applies, the players who are absent, the players who are on fire, and how the opposing teams are like. then, which option is close to ideal as the bet we will make. the rest, let luck decide.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
September 24, 2023, 04:20:48 PM
#23
If we consider there is 100% fairness in games like slots, plinko, dices, etc; then indeed we can say it is all about luck. On the other hand, when we talk about betting, poker and other card games, then I would say there is a small percentage of the win chance which is directly dependent on the player's ability and intuition to foresee and outcome.

That is why when I read people talking about mindset or strategies for games, like those I first mention, to me does not make much sense. It would be easier to talk about strategy when playing poker instead.

Strategies I can think of that will work on casino games are usually just Martingale and max bet upon x times of loss, which to me does not make much sense as these can be considered as bankroll management and not directly a strategy to defeat the game. I don't know what kind of 'strategy' will work to a game that is governed completely by luck and variance, because if there's one then I'm pretty sure people would know about it and use it all the time.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
September 24, 2023, 04:15:23 PM
#22
If we consider there is 100% fairness in games like slots, plinko, dices, etc; then indeed we can say it is all about luck. On the other hand, when we talk about betting, poker and other card games, then I would say there is a small percentage of the win chance which is directly dependent on the player's ability and intuition to foresee and outcome.

That is why when I read people talking about mindset or strategies for games, like those I first mention, to me does not make much sense. It would be easier to talk about strategy when playing poker instead.
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
September 24, 2023, 04:13:59 PM
#21
As the thread title says, gambling is a way to examine your luck. It doesn't have anything to do with one's skill. There are exceptions that had happened with gamblers, but what they had followed doesn't work with another person. With sports betting we can say it is not completely on luck. Based on our understanding about the players, team, venue, and different other factors we can predict the winning possibility. Even this fails, so there is little of luck necessary. Overall we shouldn't have the mind considering gambling as a way to earn.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
September 24, 2023, 04:05:50 PM
#20
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.
Well, that is quite obvious. That is why there are advices everywhere on this forum telling you to only gamble with money you can afford to lose and to never chase your losses. Only the minority of gamblers will be able to make considerable profit from gambling through big wins and jackpots. Anyway, if they keep playing, losses will be faced on long term, without any doubts. So, if you are a lucky gambler, make sure to use your earnings wisely instead of spending everything in another bets.
hero member
Activity: 1064
Merit: 589
September 24, 2023, 04:04:55 PM
#19
You believe in luck so you have to try as hard as possible... isn't that wrong? Will luck come every day or week? No one knows..

You should not expect too much in gambling because the results will not match your expectations! Gambling is a game scheme that must please you. If you expect more than that, it will be bad or become a problem in your life.

Many people say gambling is for fun... Use cold money... if you lose don't worry about stress or anything...
sr. member
Activity: 2422
Merit: 357
September 24, 2023, 03:55:57 PM
#18
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.
Most of the game yes though there are still games that you need to analyze and make a good decisions in order for you to win against other gamblers. Sports betting didn’t depend on any luck as you have to analyze and winning are more possible in betting. Luck is important in gambling and you are lucky if its present every time you gamble.
legendary
Activity: 3346
Merit: 3125
September 24, 2023, 03:54:49 PM
#17
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.

Luck is something complex to define, i mean, you need a lot of luck to hit $10 on x100, but with less luck you can hit $500 on x2. Both bets would pay the same, but one of them was with a lower value.

I would say true luck is a big multiplier with a big bet because while bigger the bet it means we have fewer rolls. So, we need more luck to hit it.

Says the guy who hit a x9900 today https://just-dice.com/roll/6150731012
hero member
Activity: 2702
Merit: 672
I don't request loans~
September 24, 2023, 03:47:15 PM
#16
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 naturally isn't. Cash is involved in gambling simply to add a thrill to a really simple game. Let's be real here after all, the majority of the people here would not enjoy two dice going up and down showing it's results and telling you that you won/lost every time without anything involved. Well, you can consider it like an entrance fee of sorts for a tournament that scales up/down depending on the amount you put in.

Generally you lose money in the long run due to house edge so it isn't really fun to consider money in the long run, but I guess the thrill of receiving a big amount immediately, regardless of the amount spent is the actual fun part instead.
sr. member
Activity: 588
Merit: 253
September 24, 2023, 03:34:49 PM
#15
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.

While luck plays a majority and crucial factor in winning games, gambling is not always about luck. There are certain instances where the game mechanics, skills, and techniques may play a vital role in order to gain a slight advantage whenever you attempt to play a single gambling game.

For example, the game of Poker is the game of cards against your opponents. You can employ various strategies that can either give you a winning advantage or a losing position at the end depending on how you would be able to execute it.

While gambling and luck are two things that are often associated with each other, there is still that degree of skill involve that can turn the tides in your favour.

Yes, in gambling, the element of luck must always go hand in hand with the part of skill. We cannot play a game without understanding it, and we must understand its concepts and principles. Skills are still necessary, but luck will be the deciding factor in winning or losing. A good gambler will not be as good as a lucky person. Of course, luck is not always available. We feel enough and stop playing at the right time. That is a blessing for ourselves and our family. And also in gambling.
legendary
Activity: 3122
Merit: 1398
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September 24, 2023, 03:18:35 PM
#14
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.

Obviously, considering gambling a form of income or a sort of money-making scheme shouldn't be a usual practice as it's not possible for everyone.

Yes, there are few gamblers who are able to keep their gambling career as their main source of income but they were able to reach that status because they build it alongside their unique skills. Aside from that, I found it too risky if we rely on our financial needs for something that requires luck + skills just to have a good and decent winning in return.

Is gambling all about luck? Simply, yes but there are gambling types e.g. sports betting, strategy-based games, etc. that do not rely and depend too much on luck but rather gamblers on these fields are working on something to somehow increase their winning chance rate.
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