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Author Topic: In gambling, Money is more important than knowledge and luck  (Read 8170 times)
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June 22, 2016, 06:45:02 AM
 #61

I think a big bankroll is definitely more important than knowledge. However, with a bankroll of a million dollars you could still lose by martingaling with a base bet of $1. Nothing is guaranteed.

So yeah, bankroll and luck are the most important things IMO.
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June 22, 2016, 12:03:17 PM
 #62

In gambling only knowledge is most important thing, then you need some balance and only then luck.  Grin 
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June 22, 2016, 12:46:40 PM
 #63

Yes every one is playing for money only.people will give other names like we play it for fun and entertainment and times pass. Every one goal is to win the bet and make money right so here money only have much value than our knowledge on skill. But not luck if luck is not there we can not make money in gambling.
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June 22, 2016, 01:21:11 PM
 #64

Money to start.
Knowledge to manage.
Luck to win.
All three has their own importance and individual role in gambling. But which is most important one for gambling. Can we manage to be profitable with any one of them. What is your opinion.

i think money is the most important part of this.

and other factors are far less important than your bankroll (money) if you have a deep pocket you can always cover your losses because there will be a win sometime but when you have small pocket you will soon run out of money and can not make it back with small amounts.

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June 22, 2016, 01:37:08 PM
 #65

They are all equally important, there's nothing that is more important than the other. Well, in fact, I would say that luck is more important than knowledge in game. I don't believe in any tactics to win more in gambling, by gambling I mean pure gambling like rolling dices, slot machines etc.

Of course if we are talking about betting on sports for example, knowledge is as important.
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June 23, 2016, 11:57:38 AM
 #66

They are all equally important, there's nothing that is more important than the other. Well, in fact, I would say that luck is more important than knowledge in game. I don't believe in any tactics to win more in gambling, by gambling I mean pure gambling like rolling dices, slot machines etc.

Of course if we are talking about betting on sports for example, knowledge is as important.

I think that you really cant say that luck<Money and money > Knowledge because it really just depends on how you work personally, working is better than gambling but gambling is better than no job so in reality you it's all just in perspective.
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June 23, 2016, 12:01:13 PM
 #67

Its just an easy question,,the most important and all we need is luck, haha..just one bet with x9900 with all the luck it can get, BOOOOM...easy $$$$$!.Tongue Cool Cool Cool
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June 23, 2016, 12:35:33 PM
 #68

Money to start.
Knowledge to manage.
Luck to win.
All three has their own importance and individual role in gambling. But which is most important one for gambling. Can we manage to be profitable with any one of them. What is your opinion.


Good question! I see some nice answers, and with most of them I agree. Everything depends from perspective.

Money is really important in gambling.  From bankroll depends how much we can bet, and how long we can chase something. More money more chances, less money means less chances, very simply.

Knowledge. What to say, we need to know how to chose game, how to play and rules of that game. We need to know how to play specific game. Without knowledge is hard to expect good results.

Luck is luck, for luck there is no explanation. Like a gambler I had million situations that I can describe like lucky moments.

I think its hard to be profitable with just one of them. Combination of any two is great thing, with all three means that you can be professional!




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June 23, 2016, 01:17:00 PM
 #69

Knowledge and luck is more important than money. If you bet recklessly or your luck is down, you would have lost everything no matter how much you have in your bankroll. You can start by betting minimum if you have limited amount of money. The most important thing to do is to gain knowledge so you have the higher chance of winning.

     

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June 23, 2016, 01:36:48 PM
 #70

Money to start.
Knowledge to manage.
Luck to win.
All three has their own importance and individual role in gambling. But which is most important one for gambling. Can we manage to be profitable with any one of them. What is your opinion.

i think money is the most important part of this.

and other factors are far less important than your bankroll (money) if you have a deep pocket you can always cover your losses because there will be a win sometime but when you have small pocket you will soon run out of money and can not make it back with small amounts.
Supercrypt's answer was the perfect answer to op statement , money was the purpose of why people gambling.  To reach the goal to win money we need a good knowledge especially if you bet on sports and luck to complete perfection of winning.

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June 23, 2016, 01:58:51 PM
 #71

I absolutely do agree with OP that all three things are necessary to make win or have minimum damage in gambling.You need good bankroll with good luck and sufficient knowledge about the type of gambling where are you placing bets.Without knowledge just with luck you can not win as you can not choose what is better.
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June 23, 2016, 02:02:45 PM
 #72

Luck is most important among money and knowledge.If you are lucky person and know how basic information about any gambling you will make lot of money even with seamless amount at start.Just knowledge and money will not assure you winning when you are against lucky guy or simply playing any game.
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June 23, 2016, 02:04:27 PM
 #73

Some games requited good knowledge and research before to place bet there like sportsbook, some games required purely luck to make money, but most common thing is that how we make some easy for us by betting on different games so that i think so money is only thing for gambling.
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June 23, 2016, 02:20:30 PM
 #74

You can not do anything without proper knowledge even if you have good money to start.Luck plays its role in some rare cases most of the times it is your own decision of choosing odds.Some casino games are purely skill based so there will can you do with money or luck where tricks and skills/knowledge rule the gambling.
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June 23, 2016, 02:40:46 PM
 #75

Luck doesn't work everywhere.You need money and knowledge to make money in gambling in reality with luck.Actually we attached gambling with luck but this is something else where logic and statistics work more than luck.There are lot of predictions based on teams combinations and skilled in other games which deliver.Money will make more money that's why it is important.
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June 23, 2016, 02:52:48 PM
 #76

Money,knowledge and luck this is combination which is important.Actually each of these three elements strengthen to others.When it is talk about gambling you can not relay just on knowledge or money.Luck is related to gambling when we place bet we are testing our luck.All are important for me as well.I do give more marks to any single of these.
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June 23, 2016, 03:12:16 PM
 #77

Of course these are connected to one another.Nothing is more important than other.Whoever has this on his side will make most of the time win.These winning ratios will also bring good money as profit.Knowledge,luck and money is fundamental of making money from gambling.


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June 23, 2016, 03:20:45 PM
 #78

Money to start.
Knowledge to manage.
Luck to win.
All three has their own importance and individual role in gambling. But which is most important one for gambling. Can we manage to be profitable with any one of them. What is your opinion.

i think all of these things that you have mentioned here are required for winning and some of them can not even be deleted and without them you can't even win.

for example you can win without knowledge but you will always need two things: money to gamble and luck to win.

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June 23, 2016, 03:22:29 PM
 #79

Money to start.
Knowledge to manage.
Luck to win.
All three has their own importance and individual role in gambling. But which is most important one for gambling. Can we manage to be profitable with any one of them. What is your opinion.
Add patience and self control. Wink
I thinkself control is more important than luck.

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June 23, 2016, 04:02:30 PM
 #80

Money to start.
Knowledge to manage.
Luck to win.
All three has their own importance and individual role in gambling. But which is most important one for gambling. Can we manage to be profitable with any one of them. What is your opinion.

i think all of these things that you have mentioned here are required for winning and some of them can not even be deleted and without them you can't even win.

for example you can win without knowledge but you will always need two things: money to gamble and luck to win.

I dont agree with you that without knowledge you can win, in casinos and dice game what you are telling is true but in that also luck is a must, but in my suggestion we need knowledge and luck.

If you are gambling in sports book then you need knowledge and money as if you have knowledge about the game , teams , grounds and their stats then you can surely predict the result of the match so if you have big money then you can bet and win it.

But if you are playing gambling in dice and casinos then their you just need money and luck as their knowledge wont work, only big money and high luck is needed to be a winner.
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