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Author Topic: In gambling, Money is more important than knowledge and luck  (Read 8170 times)
shintosai
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July 22, 2016, 03:39:58 AM
 #101

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 like your question.
And i like these three things need in every field of life not only in gambling. But if i talk about gambling, so gambling is a risky game, and most powerful thing in it and it is Luck, because if you have luck than definitely you will be win with a small amount of money. And in gambling knowledge is not important thing.
for me sir what is important first is your knowledge  on how to mange your money because if luck come on your way the smartest ways is to use your knowledge and balance the game, and your money will be valued because of your knowledge always need to be familiar with the game in order to win and that use your knowledge.

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July 22, 2016, 03:51:29 AM
 #102

I think three of them are all important, where Luck is the most important one,
IMO,  Luck > Money > Knowledge...

most people think money is the most important as you need it to start with,
however, Luck is the factor that can make your little amount become Big...
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July 22, 2016, 04:01:13 AM
 #103

there is some case in gambling where it is not pure luck, like poker and sports betting, but on any others except the two. For me, its pure luck.

Yes, I do agree that sports and poker may not fully depend on luck but without some luck, I don't think anyone can win continuously or most of the bets in any games. So luck is a must factor in gambling whether it is probably fair games or knowledge oriented games.
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July 22, 2016, 04:04:39 AM
 #104

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.

maybe for half people this is true, but for the rest, i think luck will be important point, because in gambling, we need more luck than money. with small money, if we have more luck, the chance to come out to be a winner is big. but as you said, the three point will have in one packet, can not be separate.

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July 22, 2016, 04:14:01 AM
 #105

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 believed knowledge is more important compare to those three choices.

Yeah money is important but what can you do with it if you don't have a knowledge on how to win and use a methods in gambling.

In knowledge, You use it to control your self, the amount you Bet and the Time you spend with gambling games to limit or to avoid addiction in it, which in result will save your money.

Play for fun and play intelligently guys.
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July 22, 2016, 04:16:28 AM
 #106

I think for gambling the most important is luck because almost all of gambling games depend on luck, however if you have an incredible knowledge like being able to memorizing and predicting the next card being dealt like in the movie called 21 then luck can be outrun by knowledge, if money you can just simply borrow it
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July 22, 2016, 04:20:23 AM
 #107

luck is always required in gambling and you can't ignore it and without luck you can never win! so even if you have no money but you are lucky you can claim faucet (like 200-1000 satoshi) put the multiplier to max number and bet the max amount and with luck and no money you can make a huge profit.

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July 22, 2016, 07:36:21 AM
 #108

I think for gambling the most important is luck because almost all of gambling games depend on luck, however if you have an incredible knowledge like being able to memorizing and predicting the next card being dealt like in the movie called 21 then luck can be outrun by knowledge, if money you can just simply borrow it


Everything has their own independent importance in gambling, And yeah luck is very important to win your bets in gambling but money is also important if you don't have enough money for gambling then how would you gamble ?
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July 22, 2016, 07:50:34 AM
 #109

I think three of them are all important, where Luck is the most important one,
IMO,  Luck > Money > Knowledge...

most people think money is the most important as you need it to start with,
however, Luck is the factor that can make your little amount become Big...

Yeah these are very important factors for gambling to get start, knowledge and luck can turned little amount into fortune, but we can't avoid the importance of money for gambling, in some betting style we have to use little martingale if we don't have enough funds than will lose for sure.
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July 22, 2016, 07:59:02 AM
 #110

I disagree with the title of this thread. All three are important but money and skill are more important.

But in arguing against the title, what good is your money if you do not have the proper skill in knowing how and what to bet? Your money will be useless no matter how much it is. Cheesy

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July 22, 2016, 08:08:54 AM
 #111

While money and knowledge do help in gambling it all comes down to luck. You may start with dust and due to incredible luck gain an incredible profit. So the most important part of gambling for me is 100% luck.

 

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July 22, 2016, 08:22:11 AM
Last edit: July 22, 2016, 08:33:18 AM by ralle14
 #112

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.
Most important here is luck if we have to pick only one from the three even if we can't manage our bankroll and start with any amount possible as long as
you've got a huge luck you'll be fine in the gambling world.

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July 22, 2016, 10:49:46 AM
 #113

While money and knowledge do help in gambling it all comes down to luck. You may start with dust and due to incredible luck gain an incredible profit. So the most important part of gambling for me is 100% luck.

Luck is a part of it but it is all mathematics. If you know the odds and your expected value you'll know what and how much you will win in each bet. Of course after knowing that it will now come down to your willingness to take the risk for the reward you are expected to get. In short you will know how big your edge is. If you have no edge then don't bet.

It sounds simple but it is not. Discipline also plays a key role.

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July 22, 2016, 11:05:56 AM
 #114

Money, Knowledge and luck everything have its own importance in gambling, I think it is combination of all these things which could be helpful to make profit, because everyone is not lucky to get start with dust and turn into huge amount, for sports betting and poker knowledge is most important to place bet there.
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July 22, 2016, 11:08:51 AM
 #115

.... for sports betting and poker knowledge is most important to place bet there.

Say about poker player, Dan Bilzerian has been proven as rich poker player I've ever seen.
He need more than guts and enough luck to be that rich but I'm still wonder if this can happen to all poker player

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July 22, 2016, 11:46:30 AM
 #116

No money is not more important than Luck and knowledge at there, if a person do not have any knowledge and luck then he will lose again and again and in the end will finish all of his money, while if a person do not have money and have knowledge and luck, then he can start on those sites which provide sign up bonus and those which provide free faucet giveaway.
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July 22, 2016, 11:53:59 AM
 #117

I think knowledge is the most important factor in gambling and specifically in sportsbetting then comes luck because luck determines if you will lose or win aside from how much knowledgeable you are of the sports you are betting on and money comes last. I would rate knowledge, luck and money in terms of importance like this : Knowledge 50%, Luck 35% and Money 15%.
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July 22, 2016, 12:00:39 PM
 #118

While money and knowledge do help in gambling it all comes down to luck. You may start with dust and due to incredible luck gain an incredible profit. So the most important part of gambling for me is 100% luck.
Yeah i think luck is important for you to be able to win. sometimes even if you have enough knowledge in what you do you will still depends on how lucky you are . however in sports betting knowledge is a must for the chances of winning.

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July 22, 2016, 05:02:47 PM
 #119

Without money you can't start, without a knowledge it will lead you to a big loss situation and the most important ingredient is LUCK to yield more profit. In my opinion ,I think luck is the most important factor in gambling.

Defintiely. Money and knowledge is really unneeded if you have tons of luck. YOu can literally hit the 9900x payout 30 times in a row if you had luck, and gain a bunch of coins from faucet.

However some games does require skill, like poker.

I believe most of users will go with luck. and me too.  I also think without luck it can't be possible to win a single penny.
you can spend millions of dollars if you have money but if you don't have good luck then these millions dollars won't help you to win and win...

altough you can buy the whole casino with your million dollars if you have. lolz.. funny thought.
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July 22, 2016, 05:32:09 PM
 #120

In my opinion ; In gambling , money is not the important thing ! the important thing is luck  Wink when you have a lot of money and you are not lucky ; you can lose all what you have , but when you are lucky you can earn a lot of money with gambling .     => gambling = luck
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