The Gambler's way - page 12. | Bitcointalksearch.org

RealPhotoshoper

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Quote from: Aikidoka on January 10, 2018, 04:17:20 PM

YOLO is a good strategy if you ask me. I like your way of thinking. Personally, I do not believe in luck. The latter is commonly known because people do not want to assume their responsibilities. So if I got, for example, a bad mark on an exam, I would be like " I was unlucky."

Gambling does require decision making skills. It is not easy to make a wise and valid decision that you will not regret. It also requires internal skills that are related to making good strategies, and so on. And even if I lost, I would blame myself for losing because I made myself lose.

Yolo isn't a strategy for me lol , it is a form of desperate yeaaa that's what i can see and feel.
As i have experienced it several times , get the losing streaks and decide to bet the whole amount.
In the end it is all about luck , not really a strategy, i don't believe on something like that

onrise

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Quote from: yoseph on January 11, 2018, 10:13:26 AM

Quote from: wilburwilbur on January 03, 2018, 11:05:25 PM

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?

Gambling has and will always be about luck and nothing else, there are times when strategy can be applied and it sometimes work but that doesn't seem to work at all times. SO its all about chance and luck in the end.

Only few of the games require and strategy works rest its a luck which decides your fate of whether you will win or lose the game .Soemtimes this simple things are not understood and due to which they keep playing and keep losing the money.

serjent05

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It is really hard to beat the house with math and probability since.. probability wise, house have an edge . But I believe with proper control and good timing, we are able to beat the house. Just like what I always do in yobit. I do martingale and wait till I got 7 consecutive loses and win. After that I stop bagging the won Bitcoin. It is hard but it is doable.

South Park

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Quote from: poplolnman on January 09, 2018, 05:18:59 PM

Quote from: vintages on January 05, 2018, 05:36:23 PM

I believe its all about luck because no matter any strategy you intend to add in your gambling, you can't bet the setup of casino or gambling sites. Some of all this gambling Sites have programmed their set for some certain wining and shouldn't pass some minimum or maximum of that price. In good sites like Bitstraz, Bustadice or Bitcasino, you will be quite sure your luck and effort might payoff, without manipulations.

There's no doubt that luck are the most important instrument, anything like strategy, winning way etc all of them are just bullshit and delusional. Realistically you will never receive a good effects after you do gamble. End of story 1% feel happy, 99% feel regretful.

Luck is not much better, when people lose they attribute their losses to their luck, when it was just the most likely outcome to happen that night then when they win they thought they were lucky and keep playing the game, so gamblers use luck as a way to think they can beat the house and we know that is not true either.

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Quote from: wilburwilbur on January 03, 2018, 11:05:25 PM

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?

So many people who thought they could beat the house edge are seriously regretting it right now and wish they just held their funds in their wallet than dashing it out to online casino owners. It is all about luck and no matter the strategy you have to make use of in any type of game you want to play; you just can never beat the house edge.

A gambler's way could be just entering gambling and spending money and enjoying the most up to the level he is able to. Yes, it will be very much similar to watching and enjoying a thriller movie by spending some money for it.

yoseph

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Quote from: wilburwilbur on January 03, 2018, 11:05:25 PM

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?

Gambling has and will always be about luck and nothing else, there are times when strategy can be applied and it sometimes work but that doesn't seem to work at all times. SO its all about chance and luck in the end.

Hell-raiser

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Quote from: Aikidoka on January 10, 2018, 04:17:20 PM

YOLO is a good strategy if you ask me. I like your way of thinking. Personally, I do not believe in luck. The latter is commonly known because people do not want to assume their responsibilities. So if I got, for example, a bad mark on an exam, I would be like " I was unlucky."

Gambling does require decision making skills. It is not easy to make a wise and valid decision that you will not regret. It also requires internal skills that are related to making good strategies, and so on. And even if I lost, I would blame myself for losing because I made myself lose.

What is YOLO, by the way?

It seems to be an acronym for the "you only live once" phrase, but how it can be a strategy in gambling? Anyone care to explain? In respect to your other point about not believing in luck, I'm inclined to think that it is not a very wise approach in life at large. Indeed, you can't hope for luck all the time and still less rely on it, gambling aside, but you shouldn't discard it either. It is a possibility which is always there, and when it finally comes your way, you shouldn't think twice. Grab it and run! And don't look back!

piloder

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Quote from: wilburwilbur on January 03, 2018, 11:05:25 PM

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

You should start to think Bitcoin as real money and not the coin that can only be used in gambling.

If you are playing in probably fair casino than yes your luck decide your winnings or loss or better to say the rule of probability come into play. There is no way to beat house expect if there is some loop hole in their games.

BlockEye

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Quote from: bhadz on January 10, 2018, 04:56:21 PM

Quote from: wilburwilbur on January 03, 2018, 11:05:25 PM

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?

Even you will think of it for so many times there's no way to beat the house even with Math's, statistics and probability. YOLO means you are like going to bet or stake the remaining you got. And if you find low betting as a boring thing then increase it according to your entertainment level. It's your money and if you lose, it's your money too and that's how I gamble, betting with lower amount.

Gambler's now just play depending on what just they think possible to win, i mean most of the time just trying and pushing their luck. Most of us just want to play to even win atleast few bucks since we think were lucky that day, but Gambler's way really should be know how to react whatever situation they are in, how to cope on loses and how to enjoy winnings.

bhadz

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Quote from: wilburwilbur on January 03, 2018, 11:05:25 PM

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?

Even you will think of it for so many times there's no way to beat the house even with Math's, statistics and probability. YOLO means you are like going to bet or stake the remaining you got. And if you find low betting as a boring thing then increase it according to your entertainment level. It's your money and if you lose, it's your money too and that's how I gamble, betting with lower amount.

Aikidoka

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YOLO is a good strategy if you ask me. I like your way of thinking. Personally, I do not believe in luck. The latter is commonly known because people do not want to assume their responsibilities. So if I got, for example, a bad mark on an exam, I would be like " I was unlucky."

Gambling does require decision making skills. It is not easy to make a wise and valid decision that you will not regret. It also requires internal skills that are related to making good strategies, and so on. And even if I lost, I would blame myself for losing because I made myself lose.

sana54210

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Quote from: bering on January 07, 2018, 12:29:11 PM

as far as i know it was never done before that there was people able to beat the house using maths and how many time you were calculate the probability and how many times you using different strategies to increase your winning chance in gambling but the final results is depend on your luck and we already discuss about this with many times

What a nice joke you said my friend. I can’t stop my laugh. I have heard from gamblers that gambling is a pure luck based thing and math can never help you win the game. If a person who is good in math can win every game, then why they are not the richest ones in gambling? The reality is that they also know that gambling is purely luck dependent thing and you have nothing beside luck in gambling which can prove you valuable.

Hell-raiser

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Quote from: Tenderino on January 09, 2018, 05:30:10 PM

I heard that if you have a lot of money and can double your bet 50 times, then you will win long term. That is why you will lose in brick and mortar casinos, because your max bet is limited and min bet is relatively high. But why do you want to beat the house? Why not try to beat the players while playing poker? And there are also skilled people winning in sports betting.

Online casinos are also limiting the max bet amount. And what adds more insult to injury is that they are now limiting the minimum bet amount too. A few years ago you could start your martingale sequence of losses at the lowest possible value, for example, 1 satoshi if we are talking about Bitcoin here. This is no longer the case now, therefore you just can't double your bets 50 times in a row. Casino owners aren't fools.

But even if you could start at 1 satoshi, you would run out of bitcoins at the last steps. I mean all bitcoins mined to date.

noormcs5

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Quote from: wilburwilbur on January 03, 2018, 11:05:25 PM

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?

I am not thinking becasue i believe on it that gambling is about luck game and second it is hard to beat the house becasue i learn the lesson from my gambling experience that you can't beat the house and house always win. So we just play gambling behalf of our luck and strategy wise but in the end it is final that house always win.

Shinpako09

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You can beat the house mostly by luck since it was dice but you can also beat it by strat, different invented strat by yourself of course and just change it always coz there's no strat that works all the time, assuming you really had that a lot of strat.

Shenzou

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Quote from: wilburwilbur on January 03, 2018, 11:05:25 PM

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?

Well for start, gambling should always be about having fun and staying on the eadge of your seat waiting for results, and not a way to make a constant income, because than you would feel like you have to gamble not you want to, and that where the addiction starts, it is true that you can make mathematical assumptions and predict the results in certain games, like counting in poker, but sometimes it does not go as planned because there is some luck involved into it, but that takes away the flavor of gambling.

Don Pedro Dinero

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OP can only expect to have short-term profits and long-term losses. What amazes me the most is how often people keep opening these threads to ask if some strategies against the house work, after all the times that has been discussed here and with all the info available out there.

No, they don’t work.

Rinsend

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Quote from: rodskee on January 09, 2018, 04:41:40 PM

Gambler especially the operator or the owner of gambling business always promoting playing gambling is exciting and have good benefits get if the player got the winning money on that way they convince people to play gambling site but people addicted in gambling catch this opportunity but in end go home with nothing.
I suggest do not play gambling without control yourself and your money is on the very risk.
Playing gambling fun or to relax them self to out in the stress but losing a lot of money are very stressful.

gambling can be said to be a very risky job.
addiction, stress, go bankrupt to go crazy.
it is a risk that can be obtained from gambling.
therefore you must know everything about gambling

milewilda

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Quote from: Ziskinberg on January 09, 2018, 06:21:06 PM

Quote from: Tenderino on January 09, 2018, 05:30:10 PM

I heard that if you have a lot of money and can double your bet 50 times, then you will win long term. That is why you will lose in brick and mortar casinos, because your max bet is limited and min bet is relatively high. But why do you want to beat the house? Why not try to beat the players while playing poker? And there are also skilled people winning in sports betting.

Choosing the right game for you is really important and if it you are playing skilled based games then you have a chance to be a successful long term gambler. Most of the gamblers has no idea about what is skilled based and luck based and most of them are doing luck based games as it's more easy and has a higher payout but they didn't realize that the winning chances is very low that is why casinos are always making money.

Most gamblers would really able to tell the difference but the thirst for more money is always there thats why we do easily switch and choose luck based games and its really true that earning potential on those games can really be more higher and much better compared on skill-based most of the time and not only that.Results are instant too which we do really like to see but without even thinking that it isnt really mean for long term.

Ziskinberg

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Quote from: Tenderino on January 09, 2018, 05:30:10 PM

I heard that if you have a lot of money and can double your bet 50 times, then you will win long term. That is why you will lose in brick and mortar casinos, because your max bet is limited and min bet is relatively high. But why do you want to beat the house? Why not try to beat the players while playing poker? And there are also skilled people winning in sports betting.

Choosing the right game for you is really important and if it you are playing skilled based games then you have a chance to be a successful long term gambler. Most of the gamblers has no idea about what is skilled based and luck based and most of them are doing luck based games as it's more easy and has a higher payout but they didn't realize that the winning chances is very low that is why casinos are always making money.

Topic: The Gambler's way - page 12. (Read 18668 times)