The Gambler's way

[zmkriel]

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?

As many people say, gambling can be considered 95% luck and 5% skill. Overall, its mostly about luck but with a bit of skill and calculations, you can beat the house. The point is that over the long run, the house always wins out and you must quit as soon as you make profit, no matter how small or else greed will get the better of you and the house chimes in to add to your misery.

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?

Auto betting with a low base bet and big multipliers is always a good strategy to rely on but requires a lot of patience. With the wins, you will always be ending up with profit at through end of the day. Of course there's always chances of busting but since the chances of winning big is always a factor, taking the risk or not would be your call to make.

I so agree that gambling is more on luck than skills most especially when you are on slots and dice. Though there are also games or table games that need strategy such as poker, top of the list on my favorite game. Poker needs strategy and math to beat the opponent and luck is always present in gambling.

[yoseph]

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?

Though there are indeed strategies that can make one win whiles betting, they are actually not 100% to win at all, so luck is therefore the most important thing when gambling that's why people are so superstitious when it comes to gambling.

[DesmondHayes]

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?

The house in the gambling always has the advantage over the player. We have all atleast tried once to calculate mathematically how to beat the casino we are playing in. The real truth is that there is actually no real strategy that can guarantee your win. Luck is the main factor that is deciding on your wins in the end. Winning streaks can lead you to false beliefs that can shade your mind into thinking that you have found the right system to beat the house. After that few wins, there eventually comes the big loss if you haven't cashed in on time or if your greed has prevailed.
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Gambling is depending on the luck that is defining the usage of the gambling games!

[casinolize.com]

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?

gambling is a pure luck.  you cannot beat the house on a longer run. sometimes you may win. but on a longer run if you keep gambling again and again, you will end up losing. if you are gambling you should know your limits and never be greedy.

[South Park]

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?

gambling is a pure luck.  you cannot beat the house on a longer run. sometimes you may win. but on a longer run if you keep gambling again and again, you will end up losing. if you are gambling you should know your limits and never be greedy.

Exactly, gambling is not about earning money sometimes we may win money since we get lucky but most of the time that kind of thinking leads you to lose your money, in fact those that look for a way to make money in gambling lose more money than those that are just trying to have a good time.

[pinggoki]

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?

gambling is a pure luck.  you cannot beat the house on a longer run. sometimes you may win. but on a longer run if you keep gambling again and again, you will end up losing. if you are gambling you should know your limits and never be greedy.

Exactly, gambling is not about earning money sometimes we may win money since we get lucky but most of the time that kind of thinking leads you to lose your money, in fact those that look for a way to make money in gambling lose more money than those that are just trying to have a good time.

Indeed, I think gambling is not really appropriate on earning because it is all about in luck yet, there's a low probability for you to win there. Gambling is just for entertainment and actually sometimes you will not be happy because you are frustrated for your loss. Gambling will be only beneficialif you were the owner because it is a profit.

[poplolnman]

I believe its all about luck because no matter any strategy you intend to add in your gambling, you can't bet the setup of casino or gambling sites. Some of all this gambling Sites have programmed their set for some certain wining and shouldn't pass some minimum or maximum of that price. In good sites like Bitstraz, Bustadice or Bitcasino, you will be quite sure your luck and effort might payoff, without manipulations.

There's no doubt that luck are the most important instrument, anything like strategy, winning way etc all of them are just bullshit and delusional. Realistically you will never receive a good effects after you do gamble. End of story 1% feel happy, 99% feel regretful.

Luck is not much better, when people lose they attribute their losses to their luck, when it was just the most likely outcome to happen that night then when they win they thought they were lucky and keep playing the game, so gamblers use luck as a way to think they can beat the house and we know that is not true either.

Yeah that's the way gambling always make you feel awful, the winning you've ever achieved always less than what you've lost. Guess that is the fact but people ignore it and just looking for the luck with tiny odds to get a huge prize, that's okay as long as you didn't addicted or do it continuously.

[Koadharber]

I believe its all about luck because no matter any strategy you intend to add in your gambling, you can't bet the setup of casino or gambling sites. Some of all this gambling Sites have programmed their set for some certain wining and shouldn't pass some minimum or maximum of that price. In good sites like Bitstraz, Bustadice or Bitcasino, you will be quite sure your luck and effort might payoff, without manipulations.

There's no doubt that luck are the most important instrument, anything like strategy, winning way etc all of them are just bullshit and delusional. Realistically you will never receive a good effects after you do gamble. End of story 1% feel happy, 99% feel regretful.

Luck is not much better, when people lose they attribute their losses to their luck, when it was just the most likely outcome to happen that night then when they win they thought they were lucky and keep playing the game, so gamblers use luck as a way to think they can beat the house and we know that is not true either.

Yeah that's the way gambling always make you feel awful, the winning you've ever achieved always less than what you've lost. Guess that is the fact but people ignore it and just looking for the luck with tiny odds to get a huge prize, that's okay as long as you didn't addicted or do it continuously.

But come to think off that chasing up loses and aiming for profits continuously would really end up on getting addicted since you are neglecting the risk of losing even more. You do play just for the sake on achieving that small winnings but there are circumstances that we might win big but just on slim chances only.This is why we should treat gambling as way as it should.

[noormcs5]

I'm somehow a less risk-taker type. Gambling is just so risky and I can't afford to loose a big amount of money. I believe there are strategies on doing it. But the ratio of chances of winning is quite so high. Well, its ok to gamble as long as you know the risks it will have.

Wining chances for me is slim especially in various games which is full of luck based games. Unless you play the poker or some strategy game where you can win it is difficult to make money in gambling. The chance of losing is always higher than winning it.

Winning chances always less in all type of games, not various games. You win in various games because of you use strategy and then you beat the house to win and if you don't use strategy then of course you can't win in every game. So for me, strategy is important thing in gambling, but most of the time our strategy not working it is becasue we have no enough luck and that's why we have no enough winning in gambling. Gambling give us winning because of luck.   

[ethereumhunter]

I'm somehow a less risk-taker type. Gambling is just so risky and I can't afford to loose a big amount of money. I believe there are strategies on doing it. But the ratio of chances of winning is quite so high. Well, its ok to gamble as long as you know the risks it will have.

Wining chances for me is slim especially in various games which is full of luck based games. Unless you play the poker or some strategy game where you can win it is difficult to make money in gambling. The chance of losing is always higher than winning it.

Winning chances always less in all type of games, not various games. You win in various games because of you use strategy and then you beat the house to win and if you don't use strategy then of course you can't win in every game. So for me, strategy is important thing in gambling, but most of the time our strategy not working it is becasue we have no enough luck and that's why we have no enough winning in gambling. Gambling give us winning because of luck.   

I believe that every game in gambling needs pure luck, we can say that we have a great strategy for the games based strategy but without having a luck then we cannot win the games. this will do the same for the games that based on luck only. we should know about the risk before we place a bet so we don't have to expect to win the games and we should know that we risk our money to win the games but all in all, we really need the luck to win.

[TheUltraElite]

I'm somehow a less risk-taker type. Gambling is just so risky and I can't afford to loose a big amount of money. I believe there are strategies on doing it. But the ratio of chances of winning is quite so high. Well, its ok to gamble as long as you know the risks it will have.

Wining chances for me is slim especially in various games which is full of luck based games. Unless you play the poker or some strategy game where you can win it is difficult to make money in gambling. The chance of losing is always higher than winning it.

In EV+ games you can make your own strategy and use them to outsmart the opponent specially where its PvP game. Once you can also try the sports betting in case you feel confident about any team and their performance. However I would say sports betting is tough if the matches are fixed which in many cases it seems they are.

Is this gambling btc?

Yes this is a bitcoin forum and this is the "gambling discussion" section.

[kryptorian]

I'm somehow a less risk-taker type. Gambling is just so risky and I can't afford to loose a big amount of money. I believe there are strategies on doing it. But the ratio of chances of winning is quite so high. Well, its ok to gamble as long as you know the risks it will have.

Wining chances for me is slim especially in various games which is full of luck based games. Unless you play the poker or some strategy game where you can win it is difficult to make money in gambling. The chance of losing is always higher than winning it.

In EV+ games you can make your own strategy and use them to outsmart the opponent specially where its PvP game. Once you can also try the sports betting in case you feel confident about any team and their performance. However I would say sports betting is tough if the matches are fixed which in many cases it seems they are.

I know people who claim they can get consistent profits with sports betting by using a sort of arbitrage between different bookmakers. I didn't try it myself and honestly I don't even quite understand how this approach actually works, so take it for what it's worth. I suspect it works in the same way as with currency arbitrage. You take notice of small discrepancies between prices at two different exchanges and use them to your advantage, buying and selling the same currency at both exchanges simultaneously. It seems that similar approach can be used with sports bets too, now in respect to your stakes.

[rhamzter]

I'm somehow a less risk-taker type. Gambling is just so risky and I can't afford to loose a big amount of money. I believe there are strategies on doing it. But the ratio of chances of winning is quite so high. Well, its ok to gamble as long as you know the risks it will have.

Wining chances for me is slim especially in various games which is full of luck based games. Unless you play the poker or some strategy game where you can win it is difficult to make money in gambling. The chance of losing is always higher than winning it.

Luck is the best arm in gambling since I was not believe in hunch. Other than that I believe to my own strategies during playing gambling. That's why most of the time I gambled I choose to played cards like poker because in this game I always make strategy on how can I defeat my opponents. Also I learn how to bluff my enemy to show their card and read their mind.

[BabyBoss]

I'm somehow a less risk-taker type. Gambling is just so risky and I can't afford to loose a big amount of money. I believe there are strategies on doing it. But the ratio of chances of winning is quite so high. Well, its ok to gamble as long as you know the risks it will have.

Wining chances for me is slim especially in various games which is full of luck based games. Unless you play the poker or some strategy game where you can win it is difficult to make money in gambling. The chance of losing is always higher than winning it.

Luck is the best arm in gambling since I was not believe in hunch. Other than that I believe to my own strategies during playing gambling. That's why most of the time I gambled I choose to played cards like poker because in this game I always make strategy on how can I defeat my opponents. Also I learn how to bluff my enemy to show their card and read their mind.

I really do believe that if you're lucky enough to win the game, you can win it no matter what! Because gambling is about Luck and Skills. You can also apply your skills while you're playing gambling in order to win also the game but luck is the best you can have to win the game. Their are some people or a gamblers that are really good enough when about using skills but they are not enough lucky So, sometimes in order to win they need to use their skills on playing gambling.

[el kaka22]

I'm somehow a less risk-taker type. Gambling is just so risky and I can't afford to loose a big amount of money. I believe there are strategies on doing it. But the ratio of chances of winning is quite so high. Well, its ok to gamble as long as you know the risks it will have.

Wining chances for me is slim especially in various games which is full of luck based games. Unless you play the poker or some strategy game where you can win it is difficult to make money in gambling. The chance of losing is always higher than winning it.

Luck is the best arm in gambling since I was not believe in hunch. Other than that I believe to my own strategies during playing gambling. That's why most of the time I gambled I choose to played cards like poker because in this game I always make strategy on how can I defeat my opponents. Also I learn how to bluff my enemy to show their card and read their mind.

I really do believe that if you're lucky enough to win the game, you can win it no matter what! Because gambling is about Luck and Skills. You can also apply your skills while you're playing gambling in order to win also the game but luck is the best you can have to win the game. Their are some people or a gamblers that are really good enough when about using skills but they are not enough lucky So, sometimes in order to win they need to use their skills on playing gambling.

Luck and skill cannot decide the results in gambling together. You need to select few gambling types where you can engage your skill to make desired results and in most other gambling types are just a luck-based where you can never use your skill to make any positive results with them.

In my experience luck alone will be deciding the gambler's fate hence when a gambler is always about making more profits then there will be no meaning of putting efforts into gambling to design as their own way of gambling.

[South Park]

I believe its all about luck because no matter any strategy you intend to add in your gambling, you can't bet the setup of casino or gambling sites. Some of all this gambling Sites have programmed their set for some certain wining and shouldn't pass some minimum or maximum of that price. In good sites like Bitstraz, Bustadice or Bitcasino, you will be quite sure your luck and effort might payoff, without manipulations.

There's no doubt that luck are the most important instrument, anything like strategy, winning way etc all of them are just bullshit and delusional. Realistically you will never receive a good effects after you do gamble. End of story 1% feel happy, 99% feel regretful.

Luck is not much better, when people lose they attribute their losses to their luck, when it was just the most likely outcome to happen that night then when they win they thought they were lucky and keep playing the game, so gamblers use luck as a way to think they can beat the house and we know that is not true either.

Yeah that's the way gambling always make you feel awful, the winning you've ever achieved always less than what you've lost. Guess that is the fact but people ignore it and just looking for the luck with tiny odds to get a huge prize, that's okay as long as you didn't addicted or do it continuously.

As long as you play occasionally then there is no problem with gambling the problem is that many people become obsessed first with trying to get the money they lost back and then they just get obsessed with gambling in itself and that is when they reach the point where they are fully addicted.

[Oilacris]

I believe its all about luck because no matter any strategy you intend to add in your gambling, you can't bet the setup of casino or gambling sites. Some of all this gambling Sites have programmed their set for some certain wining and shouldn't pass some minimum or maximum of that price. In good sites like Bitstraz, Bustadice or Bitcasino, you will be quite sure your luck and effort might payoff, without manipulations.

There's no doubt that luck are the most important instrument, anything like strategy, winning way etc all of them are just bullshit and delusional. Realistically you will never receive a good effects after you do gamble. End of story 1% feel happy, 99% feel regretful.

Luck is not much better, when people lose they attribute their losses to their luck, when it was just the most likely outcome to happen that night then when they win they thought they were lucky and keep playing the game, so gamblers use luck as a way to think they can beat the house and we know that is not true either.

Yeah that's the way gambling always make you feel awful, the winning you've ever achieved always less than what you've lost. Guess that is the fact but people ignore it and just looking for the luck with tiny odds to get a huge prize, that's okay as long as you didn't addicted or do it continuously.

As long as you play occasionally then there is no problem with gambling the problem is that many people become obsessed first with trying to get the money they lost back and then they just get obsessed with gambling in itself and that is when they reach the point where they are fully addicted.

Playing gambling for the very first time do potentially contribute for you to become addicted later on because some people wont really easily moved on  on the money that have been lost by playing which would really cause for you to play and would pile up even more loses which would end up for you to play on constant because you are already chasing the money have been wasted.

[serjent05]

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?

Though there are indeed strategies that can make one win whiles betting, they are actually not 100% to win at all, so luck is therefore the most important thing when gambling that's why people are so superstitious when it comes to gambling.

True, this strategy is just for a time being.  Try to run it continously and you will se how your bankroll drop.   I have been in an auto roll for more than a day and I see how the house edge kicks in.  This somehow nullified by martingale as long as you have a bankroll to accomodate the increase else you will be seeing your winnings to drop instantly when you are hit by series  of reds.. ( losing streak) and your bankroll can't accomodate the next increment.  And to sum it up.. there is no fix strategy to beat the house .

[crwth]

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?

Though there are indeed strategies that can make one win whiles betting, they are actually not 100% to win at all, so luck is therefore the most important thing when gambling that's why people are so superstitious when it comes to gambling.

True, this strategy is just for a time being.  Try to run it continously and you will se how your bankroll drop.   I have been in an auto roll for more than a day and I see how the house edge kicks in.  This somehow nullified by martingale as long as you have a bankroll to accomodate the increase else you will be seeing your winnings to drop instantly when you are hit by series  of reds.. ( losing streak) and your bankroll can't accomodate the next increment.  And to sum it up.. there is no fix strategy to beat the house .

Every strategy has their advantage in a particular situation, and you would never know the result but using a grand approach can mean that you could win. It would be hard to rely on it but at least you did something to increase your chances.

[poplolnman]

I believe its all about luck because no matter any strategy you intend to add in your gambling, you can't bet the setup of casino or gambling sites. Some of all this gambling Sites have programmed their set for some certain wining and shouldn't pass some minimum or maximum of that price. In good sites like Bitstraz, Bustadice or Bitcasino, you will be quite sure your luck and effort might payoff, without manipulations.

There's no doubt that luck are the most important instrument, anything like strategy, winning way etc all of them are just bullshit and delusional. Realistically you will never receive a good effects after you do gamble. End of story 1% feel happy, 99% feel regretful.

Luck is not much better, when people lose they attribute their losses to their luck, when it was just the most likely outcome to happen that night then when they win they thought they were lucky and keep playing the game, so gamblers use luck as a way to think they can beat the house and we know that is not true either.

Yeah that's the way gambling always make you feel awful, the winning you've ever achieved always less than what you've lost. Guess that is the fact but people ignore it and just looking for the luck with tiny odds to get a huge prize, that's okay as long as you didn't addicted or do it continuously.

But come to think off that chasing up loses and aiming for profits continuously would really end up on getting addicted since you are neglecting the risk of losing even more. You do play just for the sake on achieving that small winnings but there are circumstances that we might win big but just on slim chances only.This is why we should treat gambling as way as it should.

That's what I mean , you should only use small amount so whenever you lost it all it won't be a big deal , a lot of case where someone put huge amount in hope to get a little profit on a high chance but hey it's gambling even when you choose a 80% winning chance you can have a losing streaks on it, better to put $10 to get $1,000 right? Lost it? That's okay , won it? That's the fortune in gambling.