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Author Topic: In gambling, Money is more important than knowledge and luck  (Read 8212 times)
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October 23, 2016, 07:46:00 PM
 #261

Yes correct money is more important than knowledge and luck
Our purpose to gambling is to get more money but without knowledge to play the gambling game
we cant win and get more money and also luck is also important without it we will lose Cheesy
so that three things is important to gambling
Yes, money is very important in gambling because if we do not have the money we can not do betting Cheesy After that knowledge to understand gambling and luck to be able to win it.

As quoted money is much important compared to the luck and knowledge. When we were in need to know how lucky we are, we need money to examine it. Secondly we can't just gain knowledge, we need to follow several sources or else need to gain from experience. Not only in gambling, everywhere money gets more importance than most other factors.

I kind of disagree with you guys here. One can definitely win in gambling even with a very small capital if he or she is lucky enough. If you don't have money then don't gamble. Knowledge is applicable to a couple of gambling games only and not to all. Among these three, when it comes to gambling, I'd rather be lucky with a small amount.
You're correct, one get lucky and win lots of btcs with just a small of coins. but if you don't even have money/btc to gamble how will you get lucky?
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October 23, 2016, 10:56:27 PM
 #262

i do not think that in gambling money is more important than knowledge and luck, to me in gambling the first most important thing is luck, and after luck the second is skill and knowledge and i think third number is money, i think one can really make good money from gambling if he is lucky without any good investment.
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October 24, 2016, 12:07:15 AM
 #263

i do not think that in gambling money is more important than knowledge and luck, to me in gambling the first most important thing is luck, and after luck the second is skill and knowledge and i think third number is money, i think one can really make good money from gambling if he is lucky without any good investment.

According to the work you did, but I see most of them are thinking of luck in gambling are those who get addicted to something and also a bad thing in life (big loss). so all the people who think like you are those who get something bad thing on gambling, because they only think of things that are not necessarily available. So every game that they did not comply with their wishes
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October 24, 2016, 12:08:59 AM
 #264

Well with online games other then card games or sports, the vast majority of them its just luck against the edge.



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October 24, 2016, 02:14:09 AM
 #265

Well with online games other then card games or sports, the vast majority of them its just luck against the edge.

yeah,

Games like Dice, roulette, etc.
are most commonly based on
luck.

and those kind of games are not that
practicable to play since the only chances of
winning is too low.
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October 24, 2016, 04:52:36 AM
 #266

I don't think so. Those people that thinks money is more important than knowledge and luck are those people that are autobetting. In autobets, the higher your bankroll, the more losses your method can recover. But in manual betting or in normal betting, knowledge and luck is far more important than your bankroll. I don't consider those who does autobetting as a gambler at all. They are just looking for a way to make a gambling site into an investment site.
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October 24, 2016, 06:29:21 AM
 #267

Yes money is the most important one, not because it makes you a winning player, but because you need money to be ablte to gamble. Without money, you cannot gamble.

Knowledge and luck come in to play to make sure you play perfect strategy and sometimes come out ahead in a lucky run.

Poker and sportsbetting, knowledge may be even more important as it can make you a winning player there.
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October 24, 2016, 06:53:57 AM
 #268

Yes money is the most important one, not because it makes you a winning player, but because you need money to be ablte to gamble. Without money, you cannot gamble.

Knowledge and luck come in to play to make sure you play perfect strategy and sometimes come out ahead in a lucky run.

Poker and sportsbetting, knowledge may be even more important as it can make you a winning player there.
Actually the topic sounds a little bit confusing but I have a comment with your statement, I think we should see money as the capital here as that is needed to be able to gamble (so self explanatory) what the topic could mean is that if we aim for the money we need to have knowledge and luck.

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October 24, 2016, 11:32:58 AM
 #269

Yes money is the most important one, not because it makes you a winning player, but because you need money to be ablte to gamble. Without money, you cannot gamble.

Knowledge and luck come in to play to make sure you play perfect strategy and sometimes come out ahead in a lucky run.

Poker and sportsbetting, knowledge may be even more important as it can make you a winning player there.
Actually the topic sounds a little bit confusing but I have a comment with your statement, I think we should see money as the capital here as that is needed to be able to gamble (so self explanatory) what the topic could mean is that if we aim for the money we need to have knowledge and luck.
Nah. I think you're misleading the topic because you didn't read the first post of the OP carefully. The OP wants to know ehat is the most important factor on three (money, luck or skills).
Money is in the option as a key factor. Because even if you have money but no luck and at all. It is useless even if your aim is to won some big cash because it will just burn on gambling if you are very unlucky person. I've known a person that loss his million asset on gambling in casino.


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October 24, 2016, 12:33:35 PM
 #270

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.

If you would say that gambling is more important than luck and skills to win in gambling then it has a different side way stories for each one of us.
you can improve your knowledge if you have money yet you can't do it in luck.
you can improve your money when you are lucky but you can't do it on knowledge.
you can't improve luck.

so in my own understanding both three ways are equal yet luck prevails.
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October 24, 2016, 12:37:09 PM
 #271

for me, that luck is the most important point in the game of gambling. we will not get anything if we are not lucky. money and skill can not help us in the game of gambling. it is the norm.
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October 24, 2016, 01:01:10 PM
 #272

Yes money is really important when you gamble but of course you really need to manage your money and learn on technic / strategy to win the game.. You're not just betting and betting on it without the proper way to learn. So both are money and knowledge are important. Luck is part of gambling.. if you have it then it's good!  Grin

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October 26, 2016, 06:14:24 AM
 #273

In my opinion, the first purpose or aim is to win money. Anyone who are into gambling is to earn money, however, if you will not take note of the knowledge and you just keep on betting, then you might lose in the end. Knowledge is important in general so it should comes first then the result. Luck is not always on our side. Luck comes from the people who are in the right place, in the right time and in the right opportunity and preparedness to have something.
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October 26, 2016, 08:46:21 AM
 #274

Knowledge is the number one most important factor in gambling.  One has to be able to look at the situation and be able to determine if the odds are in their favor or not when making a decision to lay down their money.  If they rely on luck and place their money down on a proposition that is unlikely to happen then it doesn't matter how large their bankroll is they will probably lose.  Those who are smart enough not to play against the house don't lose their money to the house, right?
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October 26, 2016, 08:54:16 AM
 #275

all three factors combine = Win, miss out any one of the factor = i don't think that gamble will be able for long run
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October 26, 2016, 10:03:52 AM
 #276

In Gambling 3 things are important, the money, knowledge and Luck. But to start gambling we need money and to make long run win in gambling we need knowledge and to win our bets we need Luck. If suppose anyone is missing then it is not easy to make a profit in gambling. But the money is more important I agree because without investment we can not make any profit in any business right.
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October 26, 2016, 10:10:45 AM
 #277

Yes to play gambling first thing we want that is money I agree. If we have enough money means we can try all games without knowledge also. But if we play with our personal money so in that time more important is knowledge. Yes, we know everything about that game in detail after you can put your money at risk. Here luck is important in all matter.
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October 26, 2016, 03:09:29 PM
 #278

Knowledge is the number one most important factor in gambling.  One has to be able to look at the situation and be able to determine if the odds are in their favor or not when making a decision to lay down their money.  If they rely on luck and place their money down on a proposition that is unlikely to happen then it doesn't matter how large their bankroll is they will probably lose.  Those who are smart enough not to play against the house don't lose their money to the house, right?

I agree. If you can access your situation and see if you are in advantage or not, then you know how to stop gambling when the house edge are against you or play those games that benefit you like pokers and sport betting as it requires you to have skills to improve your chance.
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October 26, 2016, 08:20:41 PM
 #279

Knowledge is the number one most important factor in gambling.  One has to be able to look at the situation and be able to determine if the odds are in their favor or not when making a decision to lay down their money.  If they rely on luck and place their money down on a proposition that is unlikely to happen then it doesn't matter how large their bankroll is they will probably lose.  Those who are smart enough not to play against the house don't lose their money to the house, right?

I agree. If you can access your situation and see if you are in advantage or not, then you know how to stop gambling when the house edge are against you or play those games that benefit you like pokers and sport betting as it requires you to have skills to improve your chance.

Yes.  Those who make bad decisions are usually those who lose the most. It's a no brainer!  If the odds are against you, then don't place the bet....And, it takes a little bit of knowledge to be able determine the bad odds from the good odds....that's the trick!  The house always wins because they have the knowledge to insure that the odds are in their favor....
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October 29, 2016, 03:14:55 PM
 #280

all three factors combine = Win, miss out any one of the factor = i don't think that gamble will be able for long run
Actually, even if you don't have that much money you can still win in gambling. Luck and knowledge are the two fundamentals of winning in gambling. If you know who to bet, then the chance of you winning is already high. Mixed with luck, then you would surely win. The prize of that is money so that means you can easily grow your money when you have knowledge and luck.
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