Topic: Is gambling all about luck? - page 8. (Read 4869 times)

Yes and that is why most of these topics where someone asks whether gambling is luck or whether there is a specific game that someone can use a special strategy for to always win, in reality don't make any sense.

First of all, if there was such a game and the casinos would notice an exploit that was legally used by a player or several players, they would remove or change the game immediately.

But secondly, if someone knew a game and knew a strategy to have an over 50% guaranteed win rate, why would that player ever share the strategy online with the community? Wouldn't ever player make use of that loophole for as long as possible without the trick getting detected? The best way to do that would be to keep the impact for a casino minimal. Hence these discussions would never lead to anyone getting effective advice online.

The house is the one that owns the business, and that is why it is difficult for gamblers to beat the house even though gamblers can win in some gambling games. But the house will still get more money from the gamblers because many gamblers don't want to give up and understand the situation.

Yes, human nature is to seek pleasure and gambling is one of the pleasures they can get even though they can get pleasure from other things. But apparently, gambling attracts more of their attention because of the possibility of winning and lots of money, so that's what makes more and more people want to try to win. And if we already know that gambling is just entertainment, we should also use gambling properly so that we won't get into trouble from gambling. When we can use gambling as entertainment, we will not exceed our limits in gambling so we will not lose more money.

Those who own casinos are the ones who make money, while the gamblers cannot all make money. More people experience defeat and thus lose their money, but that doesn't stop them from continuing to gamble because they still hope to win. Those who gamble must also know when to quit gambling before it is too late and before all their money is used up gambling. But only a few people can really stop themselves from gambling, while others will continue gambling.

Gambling solely depends on luck. The high-risk and unpredictable nature of gambling has subjected it to an enterprise of luck. However, the fact that it is a game of luck doesn't mean that background analysis of the games is not necessary. But then, those who are into football betting will agree that week in and week out, there is always upset caused by mostly big teams. A team that will be very difficult to foresee them losing. This is where a thin line is drawn between skill or experience and luck. In that instance, only luck can guarantee winning and not experience or skill because even with experience it cannot be foreseen but a gambler can be lucky to have avoided the match.

So in essence gambling does not only depend on luck. maybe I could say luck is only 40%. the rest is beyond the luck factor starting from analyzing game data, how we master gambling games, and gambling experience. So if you just rely on luck, I think you will lose more if you keep gambling. It's best if you are lucky to get a small win, just stop playing at that time.

Of course, not every gambling game purely depends on the luck. Some gambling games depend on the skills or ability. Poker is the example of gambling game which depends on the skills or the ability of gamblers. If you only expect to win it through your luck, you will never win Poker. You must take time to learn how to play effectively to win in Poker, too. So besides the ability/skills, Poker also requires proper strategy to play it.

If you talk about stats or analysis, I assume you want to describe betting. Betting still relies on the luck although we can increase the chance to win by analyzing some factors. If we bet on the football match, we must analyze the current performance of the teams. We also must understand the quality of the players of the each team.

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https://www.forbes.com/sites/forbesbusinesscouncil/2022/08/09/the-skill-based-gaming-opportunity/?sh=5f43fdf62234

Of course there is absolutely no difference from one game to another in gambling, the point is that if the type of game is available in the casino and involves money as a condition for betting then obviously the game has the possibility as you say between winning or losing, the final session will answer everything whether it will match what most gamblers want in terms of victory or just the opposite and the answer at the end of the session really depends on luck at that time, if it turns out that you win then it means you are lucky or vice versa. One of the reasons why gambling relies on luck is that all gamblers would not be averse to winning but isn't it the case that sometimes the outcome is not what is expected, right? Of course and the reason is that there is absolutely no certainty that can guarantee anyone to win in one of their sessions.

On the other hand I understand what you are saying about sports betting that indeed we can apply knowledge and skills to help us get closer to winning, but in the end you still need luck to determine and ensure, sometimes it is not uncommon for strong teams to lose to weak teams because of mistakes on the field, and isn't this unexpected, right? Obviously and therefore we need to be responsible and wise gamblers, meaning that if you do manage to get a win in one of your sessions then the best option is to "cash out early", you realize that getting a win is not easy and therefore you need to enjoy it when the situation comes rather than applying greed and chasing bigger amounts that are not necessarily successful.

I would say it depends but the truth is all gambling games still have a percentage of its possible win or loss dedicated to luck.when we make gambling stakes, we hope on winning but the truth is there is always a chance of losing. Aside the fact that all gambling games still require a fraction of luck , they don't all depend equally on luck. Some include things like experience, statistics and even proper analysis which some are just fully luck based.
Take soccer predictions for example with statistics and analysis you can raise your winning odds higher making luck to be more on your side.

There are some characteristics to distinguish it because even though most games rely on luck but on the other hand there are other situations that may also require a strategy that we must emphasize.
As you said for lotteries and slots maybe overall it is only based on luck because after all even though there are still many people who say that there is a pattern but still the rules that hold are the system of the bookie when on a site so that luck is tested in this case.

But on the other hand sportsbook there is another option apart from luck because even though there must be luck too in this case but at least statistics can sometimes be a benchmark for confidence in betting.

I mean at the meat and bone of it all gambling is nothing but chance-based. Even games with strategies involved in them. But the thing is that these people who have gambled for profit through a system didn't get to where they are just because they are lucky.

As I said they have a system of play that involved either taking calculated risks that ultimately yields them a net profit instead of losing all their money in the process, or an exploit that they found within the game's mechanics/system that they were able to capitalize. Some people are just inherently smart and are able to maximize their win conditions which therefore gives them a bigger win in the process. So while your statement is true, to say that gambling is nothing but chances just takes the reality of things away and renders people who are able to succeed in this industry (except lottery winners of course) as nothing but one-hit wonders which couldn't be farther from the truth.

If there's such thing about those exploits and ways on beating up the house or being profitable then gambling business would not be able to survive.
Reality check on which we do see the different thing. This is why it would really be that best that you should really know on when to get out when you are in profits and
then play according into yourself when seeking for fun and not for money. Gambling is really that purely based on luck, even if we do say that we are really that
playing those strategic based on which there's no assurance that you would really able to win if luck isnt there.

Well, I get where and how you understood this from. Gambling is a tricky game and the odds are rarely in our favor so mostly you also lost much sometimes. It's more about luck than any things that called tricks. But hey a bit of luck now and then keeps the hope alive right? We Gotta chase what's possible and have fun while gambling.
However, not all games have the same luck even that it plays a role in both poker and sports betting, but skill and strategy are important in them too.
In poker, skilled players can consistently make better decisions and increasing their chances of winning as we see best poker players in the world while making fortunes. While in sports betting, analyzing statistics and understanding the teams or players involved can also make your predictions way better and wiser, though surprise events can still trick us and leave us with negative outcomes. Balancing skills and luck is the key for a better experience in these games.

Once a game is considered gambling nit definitely has got a whole lot to do with luck as gambling is never about just skills even if it will require Skil but the place of luck can't be overturned except there's a fowl play which will allow the opponent win due to the fact that they have got a prior information of the possible outcome before they staked their game.

Skills and proficiency is definitely going to be an advantage to gambler's who has got them but for those who's not got neither of it will most likely be luck dependent most of the time because that's all they can fall back to if they must be able to get the best out of their gambling exploit. Gambling especially when it's solely luck dependent shouldn't be done with much risk rather a fragments of your capital been invested in it will be better so as to still maintain a safe boundary in case of possible losses.

And if such a strategy was to be detected and exploited by someone over a long period of time, the casino would notice it and fix that loophole because any game giving the house consistent losses could be considered a loophole from the players' point of view.

The house is just on the better side of things as they have ongoing data analysis and evaluation and they can see when a player plays a certain game and uses a certain strategy repeatedly with consistent winnings. The whole point of a casino is to create a spread, sell it to the players and manage limits and liquidity to make sure the house doesn't go broke and wins infinitely.

Probability they said is the outcome of expectation , gambling is purely By luck because The whole idea lies on prediction . If the gambler is certain about the game then it’s no longer gambling because he is quite  aware of the scenario that is likely to take place .

I have seen several people play bet9ga and they will confidently tell you that it is a sure game , my idea no game is sure , the psychology behind the game is 90minutes which any team is likely to win , however , I will sincerely admit that gambling is by luck and grace .

People don't have to treat gambling games as the same bexa they are all different from each other even though they all fall under gambling, we have the category of games that deals with luck and those that only have to do about how skillful we appear, them we shouldn't forget that we also have individuals differences in terms of proficiencies in gambling which is also another thing to consider while discussing on this subject.

The only ones who do make money is into those people who are the ones who had been running the casino but for those who do play? then for sure you are really that in losing side.
This is why it would really be that best that you should really know on when to get in and on when to get out when you are already that in losing state or getting out on the time that you are profiting.
It is really just that people are really that too not mindful about their actions and this is why they do really end up on getting wrecked because they had just missed out on doing the rightful thing.
It is really just that there are people who are really that too greedy towards gambling and this is why they do really mess up themselves through it.

the house does indeed always win. As to why? It's all about control and setting the rules. Life, like gambling, is about setting your own 'house' (your mind, your rules). There you win. Strategy? Important, yes. However, it's more about knowing the game and yourself. No boxing bout with fate, but a dance with chance

Come on, talk about gambling fun. Human nature, yes? Aiming for pleasure. The real high is knowing when to leave. That's the secret. Gambling should be like drinking great wine, not weak lager. The experience, thrill, and play matter more than the win. The casino lights tell us about life, limitations, and excess. Yes, gamble, but do it professionally with a clear head, a full heart, and the fortitude to quit before the house gets you

Gamblers can only expect to make huge profits unless they set up their own casinos. They will find it difficult to win and experience a losing streak if they are still gamblers. The house always wins and we can't deny it because that's what happens. We can indeed make several strategies where we can hope that one can give us a win, but we cannot expect that many of the strategies we make can win. So we have to be careful when gambling and not gamble excessively if we don't want to experience even more losses.

If we get pleasure from gambling, we can stop gambling and leave the casino. Unfortunately, there are still many gamblers who are tempted to continue their gambling games because they still want to get other pleasures and even want to get bigger wins. It won't happen as easily as they imagine, so they must realize they can't win like they want.

There is no such games that will give gamblers advantage, that's why we have the saying of "house always win", that's why as gamblers, we need to understand that. So it's crucial to keep in mind that there's no strategy known to beat the system consistently, maybe we can have a few wins here and there, but it's not going to be consistent and that we still need to be very lucky as this games is a game of chance.

And most of the time, they are designed to entertained us, and still losing money in the end. Always be aware of the odds and just gamble responsible so that we won't get rekt in the long run. And always think of the risk and then mitigate some.

But if there was a game that gives people with skills a continuous edge not only over other players, but also over the house, where would this game to be found? I think one of the most important questions is who you are playing against. If it is the house, I think it would never be a game that gives you an >50% chance of doubling your money. Sports betting is taking care of the house edge by adjusting the odds. In poker or card games it depends I think. If you play against other players, the house doesn't care as they charge a fee for tournaments or the rake in cash games and would never be in danger to lose money. But when you play mind-card games online, you can never really tell whether you are playing against odds. That's why I play far less than I did in the past.