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Question: During gambling winnings, What has the highest impact?  (Voting closed: November 12, 2019, 08:24:30 PM)
Lucky - 36 (67.9%)
Discipline - 5 (9.4%)
Knowledge - 1 (1.9%)
Monetary power - 2 (3.8%)
Experience - 7 (13.2%)
Other - 2 (3.8%)
Total Voters: 53

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Author Topic: Impact on gambling  (Read 1735 times)
btc78
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November 06, 2019, 02:57:59 PM
 #61

experience is mine,since we wont progress if we dont have experiences specially in sportsbetting so basically this is what we need to grow in gambling world

gambling is entirely about luck, but in my opinion, there are some small factors that help you get lucky in gambling, like knowledge for games like sports betting, then discipline, because luck sometimes doesn't come for a long time, so don't play too long and greedy.
and experience as well,because all you've mentioned wont come reality if you are always a newbie so thats why experience s more important than everyhthing

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November 06, 2019, 03:02:04 PM
 #62

Among the five choices, I would say it's the discipline that gives a bigger impact on gambling. Yes luck is a part but I don't think it has a bigger impact since you don't just depend your bets and winnings on luck. Knowledge is needed but sometimes knowledge is not enough to win on gambling. Monetary power? Does it mean the capital? Experience is also there to avoid repeating the same mistake but your Discipline will control and manage you throughout the whole game. If you have the discipline, you know how to balance things, knowledge, experience, money, and even your luck.

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November 06, 2019, 03:20:00 PM
 #63

I will split my choices, for me, that is luck and experience. Throughout the experience, you can able to enhance your skills in those kinds of based skill gambling and the second one is about luck. Both of them for me is having a good impact on gambling probably will give you possible profit gain. Nevertheless, you are lucky enough if you have all of these and gamblers wanted to have about these when they are in gambling.
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November 06, 2019, 04:57:08 PM
 #64

The point of this is I only see the impact of gambling itself, regardless of the outcome, whether it is winning or losing because basically gambling is very related to luck, but the impact that might be increased during our gambling or when betting is about experience. So in the case of gambling experience will be the main factor regardless of luck or not, but when we have enough experience, then at least we can gamble with confidence.

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November 06, 2019, 06:45:15 PM
 #65

Luck luck luck luckkkkkk. It's called a gamble for a reason naturally. It's almost pretty impossible to talk to skill when winning after all. Plus, even if calculations are involved, there would still be times where no matter what, a loss would still occur a 100%. Just like choosing a queen out of a deck of cards, with pure luck, it almost seems impossile, but its STILL possible.

When we are playing cards like poker, luck is not involve, you might call it luck if you don't know about the pattern of cards and the algorithm of it, that is how professional poker players win, by pure analyzation using math and other complicated additional spice to it.
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November 06, 2019, 07:23:07 PM
 #66

its always LUCK thats the impact for me as what i believe in gambling even how skilled you are and experienced but Luck don't go with you.
and i can vouch with this,for how many times that i am pretty sure that i will win in local gambling as i am betting in a Cockfighting .the opponent is almost dead but in my surprise it gives a last blow and hit our rooster in neck cutting the head and instantly died ,this happen not only once but in some occasions also,thats why i from then believe that its all luck that will make you win in gambling.

Cockfighting game is somehow fun and can be enjoyed locally at a village fiestas and other special occasions, but we need to see one winner so either of the two rooster must be dead to have a winner. That's right we don't need skills of that, because all you have to do is to train the cock that you're breeding and then preparation for the cock fighting is ready.
This local gambling game has only two probable choices of winning, and most breeders will have to predict a hype judgement on the opponent in order to gather followers to bet for their fighter cock, so the game commences within few minutes then there it goes a lucky winner.

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November 06, 2019, 07:57:19 PM
 #67

Personally I focused mainly on discipline as my first priority when gambling I have to inculcate discipline while placing my bet secondly because my betting is based on soccer bettings thus I have knowledge in majority of the team I am placing my bet on I can identity the stronger and the weaker team thus giving me an ample opportunity to have an edge over my bookies, thirdly which is luck this is absolutely crucial to any gambler in any bet placed I always hope for a good luck. 

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November 06, 2019, 08:12:01 PM
 #68

I will split my choices, for me, that is luck and experience. Throughout the experience, you can able to enhance your skills in those kinds of based skill gambling and the second one is about luck. Both of them for me is having a good impact on gambling probably will give you possible profit gain. Nevertheless, you are lucky enough if you have all of these and gamblers wanted to have about these when they are in gambling.
And that's a big "IF" but not all would really be dealing with skill based games but rather on pure luck ones.It doesn't really require experience though
but some sort where it is really needed where you should know on when to exit when you are losing much.This do pertains with discipline and experience
and if you don't have these kind of traits where you do gamble then for sure you would mess up along the way that's why its important to considerate these traits.

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November 06, 2019, 08:30:30 PM
 #69

If others are selected, does it indicate that these things do not affect the winnings at stake?

We are not talking about any loss or dependence on gambling here.
We are just explaining the meaning of gains, or more accurately, the meaning of gambling wins and that this is not a random occurrence, but rather an occurrence of some of the factors mentioned above.

Le'ts quote what's on the poll: "Lucky , Discipline , Knowledge , Monetary power , Experience"

a) House-edge gambling games e.g dice, slots, roulettes are based purely on luck therefore a gambler needs:
  - Discipline - to know when to stop
  - Knowledge - to not just hit that GO button
  - Experience - to somehow be aware of the system

Since it's pure luck, it doesn't affect the winnings literally but everyone can manage to gain profit in the long run by properly managing their bankroll.

b) Strategy-based gambling games e.g poker or any card game, skill games, etc. is based purely on skills and ability to execute the strategy, therefore, a gambler needs:
  - Discipline - to know when to stop
  - Knowledge - to obviously know the game mechanics
  - Experience - ability to turn a bad situation into a good one

By following some of these basic traits, it will affect the gambler's winning at stake. Even with a bad set of cards, chances of winnings is always possible.

c) Sports betting is based on both strategy and luck*. Gambler needs:
  - Discipline - to know when to stop
  - Knowledge - to know the ability of a certain team to cope up with the given odds or if they can cover all the spreads provided to them
  - Experience - to make profits out of playing with the odds

Yes, this needs luck but with gambler's knowledge about the game and ability to play with any given odds, it can surely affect their winnings at stake.

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November 06, 2019, 09:01:26 PM
 #70

Pretty obvious what the answer is... Experience.

Luck doesn't exist, it's just a human construct we use to describe somebody defying mathmatical odds, e.g. a description of how much an outlier someone is.

In games of pure chance, experience matters practically nil, but in games of skill, experience is a huge advantage.
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November 06, 2019, 09:45:47 PM
 #71

Pretty obvious what the answer is... Experience.

Luck doesn't exist, it's just a human construct we use to describe somebody defying mathmatical odds, e.g. a description of how much an outlier someone is.

In games of pure chance, experience matters practically nil, but in games of skill, experience is a huge advantage.

No need to specifically say that luck doesn't exist.

You are taking the word of luck literally. Of course, those bets are produced by a certain algorithm but not all the time, the results are being favored to the gambler that's why you need luck for that mathematical odds to hit our numbers since it can't be controlled by anyone.

Experience does matter in a game that relies purely on chances but you don't want to just wait for that mathematical computation to hit the right hash without expecting a bit of luck. Smiley
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November 06, 2019, 11:51:33 PM
 #72

Pretty obvious what the answer is... Experience.

Luck doesn't exist, it's just a human construct we use to describe somebody defying mathmatical odds, e.g. a description of how much an outlier someone is.

In games of pure chance, experience matters practically nil, but in games of skill, experience is a huge advantage.

--- a bit of luck. Smiley

When a program or algorithm is set to be random especially when there's a machine learning, probably there's a luck. As long as probability exist in each things, we can say that luck also exist.

The fact that you can't compute and predict an algorithm 100%, and at some point you've predicted it correctly, then there's a luck. You can't just rely on experiences 'cause not all of the experienced people win the game of life.
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November 07, 2019, 04:26:26 AM
 #73

Luck luck luck luckkkkkk. It's called a gamble for a reason naturally. It's almost pretty impossible to talk to skill when winning after all. Plus, even if calculations are involved, there would still be times where no matter what, a loss would still occur a 100%. Just like choosing a queen out of a deck of cards, with pure luck, it almost seems impossile, but its STILL possible.

When we are playing cards like poker, luck is not involve, you might call it luck if you don't know about the pattern of cards and the algorithm of it, that is how professional poker players win, by pure analyzation using math and other complicated additional spice to it.

But I think that still because of luck because we have a chance to get a better card than the other players. What can we do if we don't have a good card? We can lose the money while the other player will get the money. So luck will be the number one in gambling, but besides luck, there are skills, money management, time management, discipline, and experience inside gambling. Even if we could only win for little money, that still luck that will take part to help us to win. That is what I think so far, although I don't know much about the poker games.

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Ararbermas
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November 07, 2019, 05:28:10 AM
 #74

For me it woud be discipline . Because if you have that you can minimize losses and you are able to prevent any risky situation . Honestly gambling is the most difficult game and i don't believe  being lucky can impact in it. Because even we say for example, you have all of the options above except the discipline , ,there's still no way you can succeed ! Because being have a discipline in gambing ,you can control everything, less worries and you are always feel safe while playing.  
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November 07, 2019, 06:07:24 AM
 #75

If others are selected, does it indicate that these things do not affect the winnings at stake?
All of them are important when you are gambling but it will be useless if you don't have luck on your side.

Some are saying that experience has a huge impact in gambling and there is nothing wrong with it but for me, even you are gambling already for a long time already (lets say 3-4 years) if you are not lucky then you will not win. There are some games who needs more brain than luck (like poker) but being lucky when you are gambling has a huge impact on you.

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November 07, 2019, 06:18:50 AM
 #76

For me it woud be discipline . Because if you have that you can minimize losses and you are able to prevent any risky situation .

Discipline is important, yeah, but we should not forget that knowledge is also important when we are gambling. The level of knowledge is what we call experience and we need this three in gambling. Discipline, Knowledge and Experience plays a great role in gambling like Poker games, or sports bet.
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November 07, 2019, 06:28:44 AM
 #77

For me it woud be discipline . Because if you have that you can minimize losses and you are able to prevent any risky situation . Honestly gambling is the most difficult game and i don't believe  being lucky can impact in it. Because even we say for example, you have all of the options above except the discipline , ,there's still no way you can succeed ! Because being have a discipline in gambing ,you can control everything, less worries and you are always feel safe while playing.  

Discipline is the important thing that needs to their else you would lose out a lot of money just in anticipation that one of the bets you could win big which may happen later or might not even happen. Also with experience people will learn that just making money from it is not ideal .

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Finestream
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November 07, 2019, 06:59:52 AM
 #78

Also with experience people will learn that just making money from it is not ideal .
Depending on your experience, if your experience is bad like you are not making money in gambling, of course you will not going to seek for long term success since you understand you will only lose more in gambling. Experience only makes you wise, maybe instead of risking more money and getting aggressive in gambling, you will just treat it for fun and just spend a little amount for entertainment purposes only.

We cannot avoid that we sometimes are getting greedy, but with experience, we will be able to control our emotion as we've experience that many times.

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November 07, 2019, 09:45:26 AM
 #79

experience is mine,since we wont progress if we dont have experiences specially in sportsbetting so basically this is what we need to grow in gambling world

gambling is entirely about luck, but in my opinion, there are some small factors that help you get lucky in gambling, like knowledge for games like sports betting, then discipline, because luck sometimes doesn't come for a long time, so don't play too long and greedy.
and experience as well,because all you've mentioned wont come reality if you are always a newbie so thats why experience s more important than everyhthing

in my opinion, the experience is not very important, even people who are new in gambling they can get a victory. what do you expect from the experience of playing gambling? whereas gambling is about luck. so I think experience only helps a little, what to do when playing gambling.

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November 07, 2019, 09:50:53 AM
 #80

As expected, luck comes first but like I have always said, there are different gambling games. Some are purely luck-based, some skill-based, some experience, and so on. And since sports betting is also gambling, knowledge, critical analysis, as well as careful monitoring of news and developments will also be playing a big role here. But I guess gambling is already closely associated so much with luck-based games that is why it is generally considered luck-based.

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