Does Skill Work?

[camelson]

I was seeing this Section and saw many people saying that your Skill Work mostly in Gambling, Yes There are a few types of games where skill can also play some role, but in most games, skill plays absolutely no role. . Independence of events, Randomness and House Advantages are the most important concept in the gambling that one Should have Knowledge when you are gambling.

Let’s look at where skill does, and doesn’t, come into play.

Games Based Purely on Chance
(No Skill element)

1. Lotteries
2. Scratch tickets & break-opens
3. Spinning reel games on slots and VLTs
4. Roulette
5. Mini-baccarat
6. Craps
7. Keno
8. Raffles
9. Dice

The results of these games are produced purely by chance – skill plays absolutely no role. There is nothing players can do to become “better” at these games. Each result is chosen by a random generating device, such as a roulette wheel or a random number generator on a VLT, and each result is completely independent from all the other bets.

Games Based Mostly on Chance
(Some Skill element)

Most of the games that fall into this category are card or sports-based games:

1. Blackjack
2. Pai Gow poker
3. Casino-based poker games (3 card poker, Caribbean stud, Texas hold ‘em bonus, etc.)
4. Sport Select®
5. Sports pools
6. Horse racing
7. P2P

In these games, there is some room for players to apply their skill. While skillful players may be able to keep their cost of play to a minimum, the gambling operator will still always have a house advantage.

The reason that skill can play a role in these games is that players must make decisions that can affect the outcome. Players who make bad decisions will win less often than players who consistently make good decisions.  You can read More here

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[debuni]

You forgot to include regular poker games, player vs player. Where skill is most. Or at least most from the list above.

In P2P Poker, site only collect rake and doesn't care at all which player will win.

[maku]

It is hard to draw the line between luck and skill if you are talking about casino games. We can agree that some games are pure chance based and only luck will help you win - Slot, Bingo, Keno, Lottery, Roulette etc.
But in games commonly viewed as more skill based: every type of Poker, sport betting and black jack - even if you are exceptionally skilled and knowledgeable with no luck you can't win.

[thejaytiesto]

Games where I consider skill to be crucial are Poker, blackjack, pretty much all of the card games where you can have an strategy. The rest, not really. You can't develop deep strategies with dice or slot, you are just playing on raw luck.

Games like Battlecoin are 100% reflex and prediction skills tho.

[badjacks99]

You forgot to include regular poker games, player vs player. Where skill is most. Or at least most from the list above.

In P2P Poker, site only collect rake and doesn't care at all which player will win.

My thoughts exactly. Poker and Player vs Player games take a huge amount of skill to get to a point where you can win consistently. Although, it can take some good cards/ Luck / Chance to win, But experience and skill give you the advantages in certain situations to know when to make a certain move or a big fold. When it comes to Skill based gambling, poker is the only way to go.

[sinisuba]

You forgot to include regular poker games, player vs player. Where skill is most. Or at least most from the list above.

In P2P Poker, site only collect rake and doesn't care at all which player will win.

True, poker is one of the, if not, the most skill-oriented gambling game there is - at the moment.

[Supercrypt]

Poker needs skill, and sometimes I feel games like bustabit also needs a little skill, though its provably fair and yet needs luck.
I think more games that need luck are like multiplayer chess and such games which you cant win alone with luck at all.

[Sereneum]

Yeah certain games require skill, and it's always good to learn strategies and how games work, but you
have to factor in luck as well.

You can have little skill and get very lucky, or you can be very skillful and have no luck at all

[BTCevo]

Why I can't see any dice inside the chance games? Isnt dice include in chance game? Btw blackjack have something to do with skill? I dont really think that blackjack is using any skills to play because you are compete with banker card so this is pure luck there you just need to stop increase your card when it is higher so I guess this is purely chances games

[camelson]

Why I can't see any dice inside the chance games? Isnt dice include in chance game? Btw blackjack have something to do with skill? I dont really think that blackjack is using any skills to play because you are compete with banker card so this is pure luck there you just need to stop increase your card when it is higher so I guess this is purely chances games

Yup Forgot to place the Dice, Because Dice is One of the Most Chance game. For the blackjack its one of the very few casino games in which players can minimize the house advantage they face by using what is known as “basic strategy.” Basic strategy is a set of rules that tells players the statistically best way to play a hand based on two factors – the up card of the dealer and their own cards. Basic strategy doesn’t ensure a player will win every hand. Using basic strategy does give a player the best possible chance of winning and will help minimize the cost of play over time. Remember, using basic strategy does not eliminate the house advantage – it merely minimizes it. Many casinos actually distribute basic strategy cards that players can use while they are playing. During a hand, players can also ask the dealer what decision they should make (hit, stand, etc.) based on basic strategy.

[Sereneum]

Why I can't see any dice inside the chance games? Isnt dice include in chance game? Btw blackjack have something to do with skill? I dont really think that blackjack is using any skills to play because you are compete with banker card so this is pure luck there you just need to stop increase your card when it is higher so I guess this is purely chances games

I Wouldn't say there is much skill as such in blackjack but other than luck and skill there is also sense. In blackjack you need to know when to play a certain way for example
common sense goes a good way towards both luck and skill

[elm]

Why I can't see any dice inside the chance games? Isnt dice include in chance game? Btw blackjack have something to do with skill? I dont really think that blackjack is using any skills to play because you are compete with banker card so this is pure luck there you just need to stop increase your card when it is higher so I guess this is purely chances games

that is correct. Black Jack would be a skill game if the cards of the decks would be countable. most online casinos offering Black Jack shuffle after each game and that means there is no skill involved

[krunox123]

True, poker is one of the, if not, the most skill-oriented gambling game there is - at the moment.

Indeed. If you are skilled enough in poker, you can make thousands of money in the casino.

[TippingPoint]

You forgot to include regular poker games, player vs player. Where skill is most. Or at least most from the list above.

In P2P Poker, site only collect rake and doesn't care at all which player will win.

My thoughts exactly. Poker and Player vs Player games take a huge amount of skill to get to a point where you can win consistently. Although, it can take some good cards/ Luck / Chance to win, But experience and skill give you the advantages in certain situations to know when to make a certain move or a big fold. When it comes to Skill based gambling, poker is the only way to go.

Yes

Poker is played against other humans, not the house.  Humans are exploitable.  Imagine playing against a human whose aggression is completely out of control.  I play against them every day.  Imagine playing against a human who is afraid to take any risk.  There are plenty of them.  And they identify themselves.  The house-created games are almost always not exploitable (unless the people who created them are incompetent).  Bitcoin internet poker has a unique combination of advantages that none of the others (including brick and mortar poker) have. The very low rake (or even zero rake at the lowest tables on SwCPoker) allows players to gain the needed skill at very low expense.  It is not unusual to play over 100 hands per hour.  In contrast, trying to learn how to play poker in a brick and mortar poker room can be expensive and time-consuming.  It is Bitcoins that allow internet poker to be provided at such low expense.  

[treeguard]

for me skills never work on any kind of gambling games and i never manage to end up in decent profit when gambling my money, but i know others who use their skills when gambling successfuly

[zeaderza]

I think with poker and sportbetting is is possible to make profit.
For win  it's needed more experience and parince.

[klf]

I think with poker and sportbetting is is possible to make profit.
For win  it's needed more experience and parince.

I do agree to make some money from poker and sports betting we need skills and patience but only with these two we can't win in all bets. Even though these are skill based games but we still need some luck to win in these games also. So luck is very important factor in gambling winnings.

[DarkStar_]

I think with poker and sportbetting is is possible to make profit.
For win  it's needed more experience and parince.

I do agree to make some money from poker and sports betting we need skills and patience but only with these two we can't win in all bets. Even though these are skill based games but we still need some luck to win in these games also. So luck is very important factor in gambling winnings.

Yeah, in the end for both it comes down to luck. You could get a bad hand in poker or a team that you were 100% sure would win suddenly looses.
You could get very unlucky and lose it all.

[JeWay]

Yes skill is working on gambling, if you have skill to not be greedy then you will earn your profit

[xuan87]

I think the only gamble that required skill is only Poker, because even with bad cards you still can win the game, using bluff technique

and the professional player also can use mimic or emotion bluffing tecnique