Topic: The secret of gambling? - page 8. (Read 3673 times)

I don't think luck is the right term, maybe it is but I like to call it "your turn" or "coincidence", it is more realistic. Playing dice, poker, or sports gambling have their own pattern, yes you heard it right, they do have a pattern that randomly changes every time, if you guess the next pattern in the next roll or what next card will be given to you, then you could assure yourself that you could win always,

but the problem is that if the gambling sites notices you are winning too much, they are giving you trouble withdrawing your money so you don't have a choice but to use it on gambling and lost it all, that is why every profits should be withdraw as much as possible to avoid this scenario.

These would be mostly of no help

People don't listen to what their friends tell them (most of the time), so why would they follow what they read in a book? Or rather, why would they even bother to read such a book in the first place (since that would mean agreeing to and accepting the fact they are financially illiterate)?

Any field of human activity requires literally years of hard training and deep learning, and still you are not immune to making silly mistakes here and there. In such situations ("from rags to riches"), it is more of a question of not losing self-control immediately (once you get the money), let alone competently and efficiently managing your new wealth


You don't even need some deep "financial literacy" as common sense would suffice

Dice and similar gambling games such as slots and roulette are purely a matter of luck. I agree with this. But I don't agree to include skill-based games such as Poker in such category. In a poker match, the lucky could be defeated by the skillful. A 2 of diamonds and 8 of hearts will win over a pair of kings if played with smooth poker skills. That's how the two differ in my opinion and experience as well.

There has no secret of gambling it's a matter of complete luck. If you are lucky enough then you will able to make a profit from gambling but if your luck isn't good at all then you can't make anything from gambling. One more thing you shouldn't be greedy in this section otherwise you will lose all of your money.

When it comes to gambling, money management is much important than time management. When it comes to time, we spend when we're free to play or we schedule for spending. When it comes to money management, we cannot have things calculated as gambling outcome is unknown. When there is loss we try to get back and if we're winning we try to continue. This is where the time management gets affected and the root is lack of money management. Whether we experience win or loss we need to be within limits.

Exactly. The mere fact that you could lose all of your hard earned money by not controlling your emotions, tells us that gambling is not for everyone. You'd need to know what you're getting into, before deciding to place your bets within any game of choice. You'll end up losing more money in luck-based based games such as Slots or Dice than anything else. While you still have better chances of winning a skill-based game like Blackjack or even Poker, that's not a guarantee that you'll always win. After all, casinos and online gambling sites are always meant to win. If they let people win, then they won't obtain profits from the bankroll. It's as simple as that.

Which is why, the only way you might be able to succeed within the gambling industry is if you invest directly into a casino's bankroll. There's still the risk of losing your money in an instant. However, I believe that this path is much safer than playing gambling games all the time with the hopes of becoming rich someday. It's important not to be greedy here as you'll end up in a very undesired situation.

Nonetheless, I've learned the hard way that there's no secret to gambling. Online videos, tutorials, and other resources claim that there are strategies to help you win some games like Dice and Poker. But the truth is, none of the strategies you'll come across online will work (as per my experience). It's mostly a matter of luck, whenever you'll obtain profit in a particular day or all the other way around it. Just my thoughts

There are many short courses available which simply focus on teaching people about managing their finances. This is important for all human beings to learn controlling their expenses. Those are successful who do not borrow money from others and also save some from what they have with them. Even if they want to gamble, gamble with small money for fun.

That is the sad reality—easy come, easy go. In whatever aspect, when you gained something that easy, then most likely, you're going to lose it that easy, too. But money wise, when someone has enough knowledge about how to handle finances, then he would be able to control his spending and have allocations for different things that matter.

Though in that guy's case, he was a garbage guy so he didn't have the financial literacy. However, he had the money. It should've been easy for him to consult a professional to help him out to control his finances. But he didn't. If only he thought of it in the first place and not on spending alone, things would be different for him. I hope he learned his lesson. And this is a good reminder to all of us to handle or money wisely.

Both skills and luck really matters, because sometimes even though you have the skills to bluff and have good strategy, if there's no luck on the cards then you'll still lose.

Even you practive everyday and having more strategies if luck is not there then it's useless. Think about the poker game, yes you can bluff but you can't win without luck on the cards.

But skills we can learn and we can practice it but can you tell me how we can practice luck? Damn sure luck will not fall to one person for long time. So we need to be clever and utilise the situation to make the money.
If anything goes wrong in gambling we need to step up up and out of that gambling field.
If you have a potential in money then there is no problem for you.

Yes, I agree about time management because in online casino games there are at least certain good times to bet but the possibilities will be different on every casino site and we must find and be aware of these times. The experience I had in the past about poker and blackjack was very good when playing at certain hours and will stop when I feel there is a slight change in the results, it is also experienced by many of my friends but again, every casino site has the best time or hours for us to bet and maybe it is a secret that is difficult to realize.

And you will, most likely. The question is, how much money and time you will spend to win a certain amount of money in the end? It's no secret that after 200-300 rolls you will almost certainly win with 100x payout, but without martingale your profit will be negative, and with martingale you can lose everything hitting an unexpectedly long losing streak. That's why I think that you shouldn't expect the winning even if it is statistically very likely to happen, and make only 10-15 rolls with 1% win chance instead of 200-300, and in any case, winning or losing, switch to another activity.

There is no secrets to winning in gambling,  you just have to bring up a strategy that works for you,  and also gambling is more about luck,  if you are playing for goals in football betting,  you've got to do research on league that scores very well and if you are lucky enough you can be cashing out weekly

I think in this case it all depends on the gambling game you play. If there is something depends on your skills and abilities, then you can affect the possibility of winning. In sports betting, too, much depends on your professionalism in choosing the team to bet on. And only in games such as roulette, dice and so on nothing depends on you, but depends only on your luck.

There are no secret but caution, I only think gamble should be carefully managed to prevent fatal loss, dont ever borrow to gamble and not at the expense of your business and family. You can do some research before you do some gamble, maybe not all and spread your fund on gamble, not a large fund on a single slot.

Addiction itself is so damaging no matter what your addiction is all about and if it is something related to gambling, I have seen many settled people getting ruined simply by this one game. People have been seen coming on roads because they had addictions of gambling. I am awfully in favor of teaching people about controlling their emotions.

In my opinion there is no secret in gambling. Because I play gambling as entertainment. But every time I gamble I lose it. So I have no secret. However, I have seen many people make good earn through gambling. My luck in gambling is very bad.   

That's certainly true, mate. Patience is key within gambling games, in order to obtain the desired results when playing them. There isn't a secret that would allow you to win instead of losing. Of course, you have a better chance of winning a skill-based game. But you cannot discard the possibility of losing when playing any type of gambling game. Videos found on YouTube which explain several Dice strategies in order to win, seem to be fake. There is no way you could always win a Dice game by depending on automated bets.

I've tried Martingale and other dice strategies without success. Since dice games are based on randomness, your chances of winning depend on luck than anything else. Which is why, gambling is not for everyone. If you're a newcomer into the gambling industry, it's advised that you proceed with extreme caution as you could turn out to lose everything within an instant. Experienced gamblers also have the risk of losing their money, but they know how to control their emotions better.

Still though, if you're deeply into gambling, then I'd suggest that you try online crypto casino sites which give you "free coins" via the use of a faucet. You can use faucet earnings in order to place your bets without losing real cash. With skill-based games, this proves to be an opportunity for you to practice as much as you can in order to master them. For better results, you can always invest into the casino's bankroll without risking it all in a game. If you choose a prominent casino, you'll be lucky in the long term. All in all, controlling your emotions is a must in order to avoid undesired situations when gambling. Just my thoughts

We need to remind them many times so they can prevent themselves to become addicted.
We don't want to see they will end up addicted to gambling.
That will be too serious to solve the problem if they become addicting.
Maybe we can try to teach them about controlling the emotions while we still control our emotion too so that will help them to prevent the big loss.
But it's not easy to tell them because some of them will say that yeah, I can control myself while I gamble.
I heard that too from my friends and I still remind them no matter if they say that.

I think sir no secret in gambling maybe you are so lucky because you are always win. Luck is the best ability of one person if we talking about the gambling. Of one person have no luck its been hard to him or her to win at any gambling. So you have lucky enough to win in any gambling that is your secret.