The Gambler's way

[crwth]

I almost can't believe this question has been asked so many times here, since the answer is easily found and pretty logical when you think about it.
Of course you can't beat the casino with a certain strategy, at least if we're talking about games where the house has an edge over you, which I assume you're talking about.

How would the casino make any profit if they were hosting games that allows players to beat them, just by choosing a certain strategy.

You can find strategies that will make you lose less money, but in the long run you cannot beat the house edge.

I think they are just finding ways to think about posts and just posts it anyway even if there are a lot of posts already done. It's only a simple question and it has also been answered here many times.  Anyways, it's the person itself would depend on the decisions, so whether or not you have a strategy, it helps you increase your chances of winning instead of plain gambling.

[felipe04]

It can be a way only in luck but still there's a strategy in every gambling here and in math also,usually if you play dice you will bet in that low at first then add just a little to have profit and sometimes you need to bet 3x high so you need to calculate that for more good when you play.I think also you need big btc here when you play because it depends in that or how far can you bet.

[mx667]

It can be a way only in luck but still there's a strategy in every gambling here and in math also,usually if you play dice you will bet in that low at first then add just a little to have profit and sometimes you need to bet 3x high so you need to calculate that for more good when you play.I think also you need big btc here when you play because it depends in that or how far can you bet.

Yeah right, that's what I think. Your opinion is exactly the same as I mean, hahaha. I think most of the gambling games need luck. You must be really lucky if you want to gamble. With that luck you can also win a lot of money. But I heard, there are some gambling games you can play with the right math, strategy, and calculation formula. I do not really know about gambling like that, because for me all the gambling takes the luck. But I heard that poker game can be manipulated and we can count the cards in order to win. It's just that smart people can do that. And the casino will definitely ban it.

[junoreactor]

It's always best to play what you can afford to lose.
A good strategy with Bitcoin and other coins is to earn some by either gambling, casino, sports betting, trading, signature campaigns, and then play with these coins earned, if you lose too bad, if you win this is a great bonus to enjoy.
For instance playing at https://bitvest.io is a fun experience, this platform is supporting several coins as well.

[markdario112616]

is gambling really about luck or can you beat the house using maths and probability?

Well, Gambling is really based on luck (98%) and somehow experience.Though, If we are to use math and probability it would need a lot of work such as Algorithm and stuff or decoding.

so do you think gambling is about luck or you can beat the house with strat?

There are some people who definitely formulated a code that beat the house. Though, as soon as the owner discover some unfamiliar movement in their system they normally ban those account or IP. Hence, Owners are now also equipped with enough barriers or walls to defend their sites. To make it impossible for them to be breached. But the idea of Gambling is luck based since no matter how smart you are or talented you are, Luck will still decide your fortune.

[ethereumhunter]

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?

I think gambling is about luck and maybe sometimes we can beat the house but we cannot always beat it. we need a big luck to beat the house that no one has this. no matter how good strategy you have or how good your skill in gambling, you still cannot beat the house and only lose your money in the end. this is about how to control your emotion when you can win a big money which not every people can do and you should understand about it.

[superjeyy]

is gambling really about luck or can you beat the house using maths and probability?

Infusing math to over come the probability of winning in the casino is a hard task, games in the casino are develop by programmers, unless you know the algorithm you might have a chance but the combination is massive.

so do you think gambling is about luck or you can beat the house with strat?

From what i believe gambling over an an online casino is all about luck but is you gamble on an offline casino you can put some strategy there to win over the house.

I couldn't agree more with alisafidel58. It's true that math is incorporated with gambling and this is done to make it more challenging and not to win easier. For you to solve the math behind games would take a lot of turns because it is programmed to have a lot of permutations or even algorithms that are difficult to make the game exciting. I always feel that when I gamble, I am nearing to a win but the truth is that it just gives you the anticipating feeling to make you go for more. Gambling is mostly about chances for you to get in the right situation to win. Some strategies may be implored but chance plays a bigger role in most of it.

[Nerman]

There are some games that are really based on  pure luck like slots, dice, roulette etc you can build your strategy in betting but most of the time I am pretty sure the house will always win. I think hitting a jackpot in slots or dice will be 1 in a million.

Now there are also games that need some skills like card games, dominoes , majhong etc .
Some other  games also require guts and personality reading like Poker.

That is why there are professional poker players but no professional slot machine players.

[omonuyak]

Gambling is a luck!  And you should pray for the gods of gamblers to be in your favor if not the odd is always again you. I have tried several times without making a dam and I think some people are very fortune to make money through gambling. We should see gambling as a game play for fun of it and not for profit making venture except the house.

[steveabrahams]

Gambling is a luck!  And you should pray for the gods of gamblers to be in your favor if not the odd is always again you. I have tried several times without making a dam and I think some people are very fortune to make money through gambling. We should see gambling as a game play for fun of it and not for profit making venture except the house.

It's actually depend on which kind of gambling you gamble though. If it's about dice and other games that have provably fair, it's all about luck but if you talk about sports betting, luck is not that big in this sports betting. Strategy, informations, which player is injured and many else things are more important to know than a luck.

[blockman]

is gambling really about luck or can you beat the house using maths and probability?

Basically yes, when you are playing those games that are fully dedicated with luck then it's all about your luck but if you'll try to play those games that aren't only luck base but also includes some knowledge and analysis then it's not just all about luck. I don't know if that is possible to beat the house with those things but everyone will be answering here that it's a no. But if you'll try to search or google about other type of gambling which is lottery, a math teacher did won those lucky combinations.

[crzy]

Gambling is a luck!  And you should pray for the gods of gamblers to be in your favor if not the odd is always again you. I have tried several times without making a dam and I think some people are very fortune to make money through gambling. We should see gambling as a game play for fun of it and not for profit making venture except the house.

Gambling really depends on your luck and there's no mathematical solution for this. this is very risky, because even you pray for Gods of what if you meant to loose money you will surely loose it. Gambling is really made for fun, but some people are just being greed to make money until they ruin they are life just to gamble.

[brituspol]

Math itself says that you will lose 1% of what you're betting(in most sites as they have 1% edge), no matter what strat you are using, in the long run. So no, there is no surefire way to know if you'll win or lose the next bet. The best thing would be to not gamble at all, as you would still be at 0% win or loss, with the second best way being withdrawing while you're ahead.

[newinbtc]

is gambling really about luck or can you beat the house using maths and probability?

For your kind information , there is no such possible way to cheat the system of house edge , remember you are human and they are automatic robots , its not the match question we can solve it , its purely luck based game some time it works some time you lost all the funds.You must know how to play that particular game and whats are the rules and regulations if you play for time, once you understand that seed how you won or not you may bypass house edje for some time not permanently.

[stingers]

is gambling really about luck or can you beat the house using maths and probability?

No you can't. With the knowledge of maths and probability all you can do is realise the invincibility of the house.
Maths is always in favour of the house result of which is the house edge. This is in reference to dice and other provabily fair games.
You can increase your chances of winning in skill based games like poker but then again cracking this isn't possible until you decide to cheat.
If there was a way to airways win in any of the games I would soon get patched. These games have evolved through so many years, fixing all their loopholes

[crwth]

Gambling is a luck!  And you should pray for the gods of gamblers to be in your favor if not the odd is always again you. I have tried several times without making a dam and I think some people are very fortune to make money through gambling. We should see gambling as a game play for fun of it and not for profit making venture except the house.

Gambling really depends on your luck and there's no mathematical solution for this. this is very risky, because even you pray for Gods of what if you meant to loose money you will surely loose it. Gambling is really made for fun, but some people are just being greed to make money until they ruin they are life just to gamble.

If there is a mathematical solution, then it would be easy to win and be rich just because of gambling.A lot of smart people would have cracked the secret in winning games and hopefully, you would too. There's no assurance but it's best to not expect the winnings because you might get disappointed in the long run.

[Juggy777]

since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?

well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?

How is this question even related to bitcoin? This is a normal question that every gambler always has on his mind, and answer is its always down to luck, by maths and probability you're referring to martingale theory many have tried, many have failed some lucky one's have made a killing to. So it's more about luck than any other things in this world, I don't think maths really plays that big role.

[xuan87]

I think all is about luck, you can count all using math and probability, but if we think it, the chances of winning is not depend on streak bet, but each of the bet is independent, and if maths works in gambling I think somebody will already win a lot

[SiDtHeBeSt]

Well I think gambling is not fully about luck but it depends on what game are you playing/ in what way are you betting. If you are playing games like roulette or something I think it would totally depend on your luck. But, if you are betting at some sports betting sites like cricket match betting, football betting,e-sports betting, etc. you would require something more than just luck, which would be- knowledge about the game and also about the teams.

[sana54210]

For me everytime i play primedice i always got win then it end up in lose but i have good story when i'm newbie here i win 0.005 btc with there free faucet only in 1 hour so i say it's come from your luck and some gambling site also like stake,bistler,bustadice.I think also if you want to win here you need a lot of btc by that because it depend in your bet if you still have btc then it can happen to win.

Example > https://bitcointalk.org/index.php?topic=2219681.msg26258919#msg26258919

If you have big btc to bet you can be like that example,actually i want to try that kind of bet but you need a big btc to risk,still it so risky to do always think before you take the risk.I will try it someday if i already have big btc.It also has strategy to win but more on luck everytime i play

Yes, your strategy can give you some luck to win for a while, but the truth is that if you feel too comfortable, there is just no way you cannot get burnt at the end of the day. A lot of people have used different type of strategies, but the house edge already know that and they have a way of trying to get all your winnings back, including your funds just by countering it with some long streak of losses.