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Author Topic: Does experience matter in gambling?  (Read 39714 times)
saiha
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November 09, 2016, 05:04:17 AM
 #281

Yes, in terms of being able to handle difficult situations. Just look at that one NBA rookie, no money yet, then started gambling with the big boys. Won, and kept on going, and the owed tens of thousands of dollars, and tried to win it back. Didn't have enough money to pay, and later on they told his agent they were going to kill him. With experience he would have known to just walk away when he was up. He learned from that mistake, I think never gambled again.

Exactly, experience works that way on how you will handle crucial situations as you gamble. But with your given situation that is a different way.

Let's just take it lightly, for example. You only have small amount left and you are into crucial situation its either dead or alive.

So usually you will yolo with it and you will wish that you will have bigger chance of winning.

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November 09, 2016, 11:53:50 AM
 #282

Yes, in terms of being able to handle difficult situations. Just look at that one NBA rookie, no money yet, then started gambling with the big boys. Won, and kept on going, and the owed tens of thousands of dollars, and tried to win it back. Didn't have enough money to pay, and later on they told his agent they were going to kill him. With experience he would have known to just walk away when he was up. He learned from that mistake, I think never gambled again.

Exactly, experience works that way on how you will handle crucial situations as you gamble. But with your given situation that is a different way.

Let's just take it lightly, for example. You only have small amount left and you are into crucial situation its either dead or alive.

So usually you will yolo with it and you will wish that you will have bigger chance of winning.
Good if they learn from there experience, but there are gamblers who have been playing fr a longer period of time already but still they do not have the ability to control themselves. For me, discipline is the most learning a experience gambler should have.

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November 09, 2016, 12:09:35 PM
 #283

Well, it depends what kind of gambling you play. if you play gambling sports betting, it takes experience and deep knowledge about the sport, so you can guess correctly and accurately. if you play casinos, well I guess the experience was not important in the game, it is very dependent on luck than on experience

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November 09, 2016, 12:18:29 PM
 #284

as I know experience is important in some gambling games such as poker, but how about the other games like dice game or roulette, do you gain any advantage from your experience, can you used your experience to win the game? or maybe because of your experience you know whether to bet low or high in dice game

So Does Experience matter to you?

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November 09, 2016, 02:30:52 PM
 #285

of course experience is matter when you're gambling. it's usually needed if you're gambling because it will help you to have an idea what's going on in the game and some people using their experience as a strategy to win on gambling but it's not usually effective because it's really depends on your luck. Smiley
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November 09, 2016, 02:49:35 PM
 #286

Actually experience really matter not just on gambling but mostly at anything since we can learn things through experience. And since we're talking about gambling then experience matters in such a way that we can somehow predict when to stop or not due to what happened before on you. But somehow experience can be a bad thing too because we somehow overdo predicting even though you know that you would lose.

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daringdiscovered
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November 09, 2016, 02:53:17 PM
 #287

Yes, because if you have experience in gambling you will be able to control yourself when to stop from it. You won't get greedy because you already know the outcome of it. The chance of winning also will be greater than before. You will feel if there is a losing streak that is going to occur so you won't lose easily from it.
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November 09, 2016, 09:40:35 PM
 #288

For me its a Yes because sometimes it changes the way you are thinking about who to gamble with and experience means your seeing/doing it every time so you are stack with the information of the past and gambling makes easy.

I don't think that experience really matters in gambling because most of the people who are good in winning are the beginners.

If you will just believe that they so called beginners luck then for sure you are going to have a chance to see if that is real.

Experience does only matter to make yourself comfortable on how you can handle risk.
Well, that is your opinion but actually there are gamblers who they called themselves professionals and you cannot be professional without the experience so I hope that explains it a lot of you. In gambling, it is a game of prediction, and most people think that what is important is only the luck but they did not realize that luck is out of control. It is a gift to us by God but we cannot push our luck any harder.
In order to be a professional gambler experience is nice but the only thing that matters is the ability to generate profits, without profits you cannot call yourself a professional gambler.
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November 09, 2016, 11:17:03 PM
 #289

Well, it depends what kind of gambling you play. if you play gambling sports betting, it takes experience and deep knowledge about the sport, so you can guess correctly and accurately. if you play casinos, well I guess the experience was not important in the game, it is very dependent on luck than on experience
I am sure an experience in gambling take an important role on how you can win a game.
Not fully important but at least an experience required for someone who want to make sure to win confidently .
Without experience people can still gamble and win some , but imho an experience as important as having a winning strategy in gambling.
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November 10, 2016, 02:53:21 AM
 #290

Yes, in terms of being able to handle difficult situations. Just look at that one NBA rookie, no money yet, then started gambling with the big boys. Won, and kept on going, and the owed tens of thousands of dollars, and tried to win it back. Didn't have enough money to pay, and later on they told his agent they were going to kill him. With experience he would have known to just walk away when he was up. He learned from that mistake, I think never gambled again.

Exactly, experience works that way on how you will handle crucial situations as you gamble. But with your given situation that is a different way.

Let's just take it lightly, for example. You only have small amount left and you are into crucial situation its either dead or alive.

So usually you will yolo with it and you will wish that you will have bigger chance of winning.
Good if they learn from there experience, but there are gamblers who have been playing fr a longer period of time already but still they do not have the ability to control themselves. For me, discipline is the most learning a experience gambler should have.

Yes there are gamblers that are like that. But experience is really helpful if you will come to the worst case of your gambling career.

Discipline is truly needed and good to be accompanied by experience, I guess if you have that both. Whether you are into losing streak.

You can still get back your losses from it, because you know how to handle situations, pressure and emotion.

Vires in Numeris
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November 10, 2016, 07:03:08 AM
 #291

Well, it depends what kind of gambling you play. if you play gambling sports betting, it takes experience and deep knowledge about the sport, so you can guess correctly and accurately. if you play casinos, well I guess the experience was not important in the game, it is very dependent on luck than on experience
I am sure an experience in gambling take an important role on how you can win a game.
Not fully important but at least an experience required for someone who want to make sure to win confidently .
Without experience people can still gamble and win some , but imho an experience as important as having a winning strategy in gambling.

Experience is a good plus in gambling because you already know how gambling works and if you are in a certain gambling game like sports betting.

You already know how it goes, the teams per matches and you will confidently earn upon mastering that game with experience.

Experience is just a plus but basically it is not required for a gambler.

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November 10, 2016, 07:06:13 AM
 #292

I don't think experience really matter... Unless you play against other people. It's good to know how the games work, but not really necessary

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November 10, 2016, 07:06:25 AM
 #293

I don't think so. Experience is simply another word for saying how much you have lost in gambling because in the long run you will always lose in gambling. The odds in gambling won't change simply because you have more experience or less experience. However, there is a myth called "beginners luck" when you first start off gambling the house will let you win a few bets to hook you up, but that is not possible with a provably fair casino, such as Primedice.
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November 10, 2016, 07:07:02 AM
 #294

Well, it depends what kind of gambling you play. if you play gambling sports betting, it takes experience and deep knowledge about the sport, so you can guess correctly and accurately. if you play casinos, well I guess the experience was not important in the game, it is very dependent on luck than on experience

I think that you are wrong on how you see things about gambling in the casinos. There are games in casinos that requires experience and deep knowledge as well. One of the example is the card games like poker you obviously need some skills in that game and most of the times skills can be learned through experience
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November 10, 2016, 07:32:38 AM
 #295

I don't think experience really matter... Unless you play against other people. It's good to know how the games work, but not really necessary
true i agree , you need to know how the game work.

but it is doesn't mean experience necessary here , experience not really important and affected so much to your gambling activity, even if on a player vs player game experience are not needed like you need a skills to play poker.

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November 10, 2016, 07:57:01 AM
 #296

I don't think experience really matter... Unless you play against other people. It's good to know how the games work, but not really necessary
true i agree , you need to know how the game work.

but it is doesn't mean experience necessary here , experience not really important and affected so much to your gambling activity, even if on a player vs player game experience are not needed like you need a skills to play poker.

True. As long as you know how the game works you may have a chance to win.. like in poker or any card game playing with other people.. once you play the game continously it develops skills and experience which added an edge for you to win the game.

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Jemzx00
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November 10, 2016, 12:43:06 PM
 #297

I don't think experience really matter... Unless you play against other people. It's good to know how the games work, but not really necessary
true i agree , you need to know how the game work.

but it is doesn't mean experience necessary here , experience not really important and affected so much to your gambling activity, even if on a player vs player game experience are not needed like you need a skills to play poker.

True. As long as you know how the game works you may have a chance to win.. like in poker or any card game playing with other people.. once you play the game continously it develops skills and experience which added an edge for you to win the game.
Yes maybe in some cases that you don't really need experience like dice, roullete,etc. But I don't think so on poker or any card game since there are people who are professional on those kinds of games and they have a lot of experience on those things to be called a professional. So I think experience depends on what gambling game you are playing.

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November 10, 2016, 12:44:03 PM
 #298

Certainly, the experience was very important in every respect. experience is the best teacher,
we can learn from experience or learn from the past.
 Even in gambling, experience is a very important thing, because we are able to think about the risk before placing a bet.
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November 10, 2016, 12:56:12 PM
 #299

I don't think experience really matter... Unless you play against other people. It's good to know how the games work, but not really necessary
true i agree , you need to know how the game work.

but it is doesn't mean experience necessary here , experience not really important and affected so much to your gambling activity, even if on a player vs player game experience are not needed like you need a skills to play poker.
It is still needed if you don't experience you can not gain the skills. when i was newbie about gambling and experience what gambling works i experience and learn how to gamble and learn how to play.. experience is big help to us to learn and realize before you learn every thing in our life need experience before we can learn..

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November 10, 2016, 01:15:18 PM
 #300

In games of chance I don't think experience matters except in the case of brand new players who do not understand the game (Eg play at 99.99x on a dice game not realizing the odds)
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