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Author Topic: In gambling 75% of wins depend on strategy and money management.  (Read 1113 times)
spiritual3 (OP)
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December 19, 2015, 01:49:22 PM
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In my view.. in gambling luck affects only 25%. remaining 75% depends on our strategy and money management.  It is my personal view, which i got with betting experience from lost few months..
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December 19, 2015, 01:52:18 PM
 #2

that's right when we are talking about poker and sportsbetting , money management and skill are essential in these
but when we are talking about -EV games , no matter how you manage your money you will end up losing everything
skills and bankroll management can help the most in +EV games
spiritual3 (OP)
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December 19, 2015, 02:12:44 PM
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that's right when we are talking about poker and sportsbetting , money management and skill are essential in these
but when we are talking about -EV games , no matter how you manage your money you will end up losing everything
skills and bankroll management can help the most in +EV games

yes.. exactly.. i agree with you...
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December 19, 2015, 02:27:09 PM
 #4

In my view.. in gambling luck affects only 25%. remaining 75% depends on our strategy and money management.  It is my personal view, which i got with betting experience from lost few months..

I think its the other way around,ofcourse luck doesn't affect 75% but I would give 60% to luck and 40% to our strategies .You have listed the most important point that is money management .Money management comes before everything .If you can manage your money well,you can be a good gambler overall.
spiritual3 (OP)
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December 19, 2015, 02:53:44 PM
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In my view.. in gambling luck affects only 25%. remaining 75% depends on our strategy and money management.  It is my personal view, which i got with betting experience from lost few months..

I think its the other way around,ofcourse luck doesn't affect 75% but I would give 60% to luck and 40% to our strategies .You have listed the most important point that is money management .Money management comes before everything .If you can manage your money well,you can be a good gambler overall.

i gave 25% chances to luck, depending upon my experience with dice-roll and video poker. Sorry i don't have any experience with any other games.. may be you are correct if we take all games..
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December 19, 2015, 02:57:08 PM
 #6

In my view.. in gambling luck affects only 25%. remaining 75% depends on our strategy and money management.  It is my personal view, which i got with betting experience from lost few months..

I think its the other way around,ofcourse luck doesn't affect 75% but I would give 60% to luck and 40% to our strategies .You have listed the most important point that is money management .Money management comes before everything .If you can manage your money well,you can be a good gambler overall.

i gave 25% chances to luck, depending upon my experience with dice-roll and video poker. Sorry i don't have any experience with any other games.. may be you are correct if we take all games..

Sorry I didn't read that properly but yeah luck does matter a lot .Speaking of dice roll ,its truly random luck based game but you can always check the probability of your bets and bet accordingly .So there is 50% chance of win/lose .Poker ,I have not played much online but real life poker needs a lot of attention and money management .I have seen people with shittiest cards but good money skills.
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December 19, 2015, 03:02:06 PM
 #7

In my view.. in gambling luck affects only 25%. remaining 75% depends on our strategy and money management.  It is my personal view, which i got with betting experience from lost few months..
catching all the nuances and subtleties of gambling , be it roulette or sports betting, best to stay in good profit, for this the need a long observation and analysis, the so-called gain experience, which helps or on the contrary leaves with his nose, though... is it luck or strategy. different people interpret it differently, it all depends on the personality and internal state
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December 19, 2015, 03:08:22 PM
 #8

To be honest, I don't think it is meaningful to try to give an universal number since all the games are so different in nature. On one hand, dice has no skill involved and luck is the only factor in deciding your bet result. On the other hand, poker has a huge skill factor and luck is just a small factor in it as long as you are not playing for only a few hands.
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December 19, 2015, 03:19:21 PM
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i dont think so to be honest i believe that its 50 on management and strategies and another 50 on luck, if it would be 75 per cent on strategies much more people would win a lot
spiritual3 (OP)
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December 19, 2015, 03:34:04 PM
 #10

in dice game.. even though it is probably random... with good observation.. we can prepare proper strategy.. of course it may be accurate only 60 to 70 percent.. i am getting good results with pocket dice, fastdice .i don't know if it is also luck..
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December 19, 2015, 03:39:32 PM
 #11

In my view.. in gambling luck affects only 25%. remaining 75% depends on our strategy and money management.  It is my personal view, which i got with betting experience from lost few months..

Ok, so please share with us some of your proffered gambling strategies (that work the best for you) and tell us if you are Dice, Poker, BlackJack player itp.
Because from my perspective, knowledge and experience, there is not really long term valid strategy for anything gambling related. But maybe I am wrong?

in dice game.. even though it is probably random... with good observation.. we can prepare proper strategy.. of course it may be accurate only 60 to 70 percent.. i am getting good results with pocket dice, fastdice .i don't know if it is also luck..

Good observation of what? Do you think that if you lost 5 times in a row then 6th time will be lucky? That is completely wrong approach and it is part of gambler's fallacy.
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December 19, 2015, 03:41:33 PM
 #12

In my view.. in gambling luck affects only 25%. remaining 75% depends on our strategy and money management.  It is my personal view, which i got with betting experience from lost few months..
for a sport betting i do agree with you because we can predict the result almost in every match with good analysis and strategy but i think it would not be working with other gambling games such blackjack, poker or dice game because i was considers need more luck to win from those games
 

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December 19, 2015, 03:44:28 PM
 #13

in dice game.. even though it is probably random... with good observation.. we can prepare proper strategy.. of course it may be accurate only 60 to 70 percent.. i am getting good results with pocket dice, fastdice .i don't know if it is also luck..

There are no working strategy or whatever thing that will makes you win because it is totally random and not probably random. You cant observe the pattern and hope to hit the next one with a good prediction because what you are doing is based on luck , nothing to do with strategy
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December 19, 2015, 04:12:09 PM
 #14

We can't say, with strategy we can win in every bet. But if we take over all.. we may get 60 to 70 percent of winning chances.. or .. i think i am getting this also with luck only.. i don't know.. my view may be wrong.. what ever it may be.. i prefer to say..we should participate in gambling with our extra money only, which we should ready to loss...
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December 19, 2015, 04:13:45 PM
 #15

I am also with you, but luck is luck we can't just say it only plays 25% fixed role sometime it also takes 99% role when wining lottery or jackpot. But basically with card games strategy and money management plays significant role.
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December 19, 2015, 04:27:17 PM
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different gambling games have different results, in sports betting, strategy and analysis make take 50%-70%, the left is luck, soccer and baseball usually have unexpected results, which people can lose money on them, ordinary results won't lose your money, but only earn money.
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December 19, 2015, 04:35:25 PM
 #17

I'm wondering why some people can defeat house edge.
Is it based on experience by watching other gambler or some DNA things

No matter what do you use at gamble, maturity also affect on gambling decision since when you're loss , you must let it go or if you're still chase the loss, mostly you're going in deep trouble
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December 19, 2015, 04:38:30 PM
 #18

i honestly dont think that the opinion you said is true i usually try to manage my funds and have good strategies though i never win anything decent in gambling i guess that luck is much more important in gambling than you stated in the first post thats why i usually dont gamble

 
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December 19, 2015, 05:05:20 PM
 #19

i honestly dont think that the opinion you said is true i usually try to manage my funds and have good strategies though i never win anything decent in gambling i guess that luck is much more important in gambling than you stated in the first post thats why i usually dont gamble
Thanks for your frank opinion. in fact i too lost so much.. but now i am slowly getting win.. may be it is also luck...
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December 19, 2015, 07:59:23 PM
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i honestly dont think that the opinion you said is true i usually try to manage my funds and have good strategies though i never win anything decent in gambling i guess that luck is much more important in gambling than you stated in the first post thats why i usually dont gamble

You can't come up with a strategy to beat the house edge in many casino games, there is just no way. In those games the only thing you can do is be lucky.
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