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Question: What is more important to you?
The process - 10 (18.2%)
The outcome - 19 (34.5%)
I have not thought about it much - 4 (7.3%)
Both are equally important - 22 (40%)
Total Voters: 55

Pages: « 1 2 3 4 5 [6] 7 8 9 10 11 »  All
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Author Topic: Gambling: process vs outcome  (Read 2367 times)
Kasabus
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February 05, 2020, 01:21:28 PM
 #101


if we really deserve to win then we will win but if not?even how large your money is?still you will lose.

Winning and losing are the only two outcome when we are gambling, but our discipline will be measure on whether we are capable of stopping when we are in any situation. I hope gamblers are aware than even if we are winning, we also need to stop and more when we are losing because without control, that would only make us desperate and we will be losing control which will only lead us in making bad decision.
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February 05, 2020, 01:49:29 PM
 #102

The process of anticipating seems so interesting to me. Winning does matter, yeah but most of the time, the pride of predicting something to be able to earn a money, bsating mathematics which is said to be low chance percentage to happen is amazing. Also, some application of mathematics is good to me as the percentage of a team winning and if terms of dices where luck plays a large role, it is really anticipating something you don't anticipate so it is more exciting.

Well, do the math for the Lottery but I would advise you that don't try wasting your time.

Every lottery offers a very slim chance of winning to the bettors, so your math skills here are useless as this game is just purely based on luck.

Well, it is true but the thrill for me is that despite that slim chance, that percentage based on Mathematics' probability I can still win. That proves that even application of Mathematics is everywhere, if there is a chance added, you can prove it wrong. I know this is stupid but for me, the way gambling refracts math is amazing.

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February 05, 2020, 03:23:02 PM
 #103

First, I don't really like the lottery and therefore I chose Both are equally important. Gambling is about a process, because without a mature process it will not give maximum results even though we know gambling is a game of lucky, but with us doing the process more mature before, then luck is likely to be closer to us who go through a process well to get maximum results.
The lucky will be the final goal for some people and it can't be blamed because most of gambling place use 70% lucky and the rest an experience from the gambler. I believe that, but when I used to play gambling at least I can avoid to facing a lot of lose. I know that this situation (when I'm playing gambling) will lose or win. So, as you have said that the procces is something thag very useful rather we are directly see the outcome that will get.
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February 05, 2020, 03:51:05 PM
 #104

It's just simple, outcome is the only thing that matters! even in gambling or trading or any kind of this winning situation. Process is shit, nobody will care about the process, that only thing people see and, the only thing that you will experience is outcome. Process is nothing if you will just lose on the end, "I'm so close on winning, I just make one bad move!, I almost win!" Those almost shits are nothing, the only thing that is important is the outcome, if you lose you are loser, if you win you are a winner, easy as that. Outcome is the only thing that is important.

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February 05, 2020, 03:56:20 PM
 #105

It's just simple, outcome is the only thing that matters! even in gambling or trading or any kind of this winning situation. Process is shit, nobody will care about the process, that only thing people see and, the only thing that you will experience is outcome. Process is nothing if you will just lose on the end, "I'm so close on winning, I just make one bad move!, I almost win!" Those almost shits are nothing, the only thing that is important is the outcome, if you lose you are loser, if you win you are a winner, easy as that. Outcome is the only thing that is important.
Outcome really matters and this is the most important part of gambling. Outcome will be the one to decide if you are a winner or not, outcome will be just the other people will see they will not see the process of your hard works because at the end of the day people will look at you as a winner or a loser , and at the end of the day you will be the one to think that the process will also important but the people out there will just see the results or the outcomes of your hard work or the process that you have done.



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February 05, 2020, 04:50:48 PM
 #106

I've seen a guy asking for advice about lotteries and it got me thinking. I don't understand why people even like lotteries. You don't do much, most likely lose and have to wait for the outcome for a long time. Perhaps, people are interested in the possibility of winning, but that would mean they are not really into gambling as the process. So what is it for you, do you play only for the sake of winning or do you care about the process of playing/researching/anticipating the outcome? I think that the process is that is attractive in gambling, and while the outcome surely matters, I would not like to wait for a long while to learn it.
Technically, I think both outcome and process are necessary not only in gambling but also in different industry.  If you will take a look, process is really significant because this will only tell how or what supposed outcome it will be. However, it still depends on what game you are unto like if you play the pure luck based game I don't think process is necessary anymore but if it is skill based game like poker then process really matters.
Now in the case of lotteries I don't think process needed anymore the fact numbers are just picked randomly thus can be classified as pure luck based game.

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February 05, 2020, 05:06:07 PM
 #107

I believe a same gambler will not be able to enjoy both the process of gambling and its outcome at the same time. I mean to say a gambler is enjoying the process of gambling means he must be fun seeking gambler and money is not important for them and no one will be loving losses so if the outcome is important to you then you must be a money seeking gambler. Some people may say they are enjoying both but I believe they could not conclude where they are actually planning to.

We are all into action for some reason but some people are into gambling for no reason. You may wonder like that I am wrong but I started gambling for no reason but I am able to somewhat minimize it because I'm not enjoying both the process and its outcome because I got only negative outcome almost all the time so started to stay away from it.
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February 05, 2020, 06:57:46 PM
 #108

For me, it really depends on the game I'm playing.

Certain games are worth playing just for the experience, whereas others are purely for the results.

I think games like roulette and lottery would be games I only play to win with. Where's I'm not so concerned when it comes to games like Dice, poker and minersweeper.
I sort of agree with you as for me sports betting is the main source of fun and entertainment and sometimes I am betting on Djokovic while actually wanting Federer to win, that sort of fun I believe more in process because I am involved with the game and don't care as much with the outcome of my bet. While when I am betting on dice and other instant sports, I am usually very focused trying to apply certain strategies and making sure I try to win from each session of gambling.

Honestly, I never liked lotteries for a simple reason that chances of winning are pretty low and it's much better to roll on high odds at dice rather than doing so with lotteries. Moreover most lotteries providers have higher house edge as compared to instant games.
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February 05, 2020, 07:09:07 PM
 #109

It's just simple, outcome is the only thing that matters! even in gambling or trading or any kind of this winning situation. Process is shit, nobody will care about the process, that only thing people see and, the only thing that you will experience is outcome. Process is nothing if you will just lose on the end, "I'm so close on winning, I just make one bad move!, I almost win!" Those almost shits are nothing, the only thing that is important is the outcome, if you lose you are loser, if you win you are a winner, easy as that. Outcome is the only thing that is important.

Outcome does really matter and as said most gamblers wont really mind on the process and would always target out on what would be the result.

Enjoyment will vary on how he do cherish nor utilize those things along the way while its still on the process.For some they would mind that much
but as majority, they wouldnt care too much and just wait for the result of things.

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February 05, 2020, 07:13:24 PM
 #110

I believe a same gambler will not be able to enjoy both the process of gambling and its outcome at the same time. I mean to say a gambler is enjoying the process of gambling means he must be fun seeking gambler and money is not important for them and no one will be loving losses so if the outcome is important to you then you must be a money seeking gambler. Some people may say they are enjoying both but I believe they could not conclude where they are actually planning to.

We are all into action for some reason but some people are into gambling for no reason. You may wonder like that I am wrong but I started gambling for no reason but I am able to somewhat minimize it because I'm not enjoying both the process and its outcome because I got only negative outcome almost all the time so started to stay away from it.

Well gambling is all about defying the odds.

People naturally get a thrill when they successfully defy the odds, and people chase that thrill.

It's kind of similar to a near-death experience, once people experience the adrenaline rush, they often become thrill-seekers and extremists trying to relive that feeling.

Personally, I just gamble for a passtime, I'm not in it for the money.





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February 05, 2020, 07:30:38 PM
 #111

I believe a same gambler will not be able to enjoy both the process of gambling and its outcome at the same time. I mean to say a gambler is enjoying the process of gambling means he must be fun seeking gambler and money is not important for them and no one will be loving losses so if the outcome is important to you then you must be a money seeking gambler. Some people may say they are enjoying both but I believe they could not conclude where they are actually planning to.

We are all into action for some reason but some people are into gambling for no reason. You may wonder like that I am wrong but I started gambling for no reason but I am able to somewhat minimize it because I'm not enjoying both the process and its outcome because I got only negative outcome almost all the time so started to stay away from it.

Well gambling is all about defying the odds.

People naturally get a thrill when they successfully defy the odds, and people chase that thrill.

It's kind of similar to a near-death experience, once people experience the adrenaline rush, they often become thrill-seekers and extremists trying to relive that feeling.

Personally, I just gamble for a passtime, I'm not in it for the money.

same here. since am not for possible winnings anymore, i am more inclined about the process. just to pass the time using extra extra money. if i win, i treat that as a good bonus. because if it will be on the outcome side of things, it means = theres a lot of stake for me and the process doesnt matter anymore, but the outcome.
i guess you cant enjoy both if you have bigger stake on the line...unless you dont care your possible losses afterwards

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February 05, 2020, 10:39:31 PM
 #112

I've seen a guy asking for advice about lotteries and it got me thinking. I don't understand why people even like lotteries. You don't do much, most likely lose and have to wait for the outcome for a long time. Perhaps, people are interested in the possibility of winning, but that would mean they are not really into gambling as the process. So what is it for you, do you play only for the sake of winning or do you care about the process of playing/researching/anticipating the outcome? I think that the process is that is attractive in gambling, and while the outcome surely matters, I would not like to wait for a long while to learn it.
Probably people likes to play lottery because it is actually a slow paced games. Who said slow paced games are bad? It gives them more time to invest their money on those lottery tickets. They don't have to hurry and buy all tickets at once. They can buy whenever they want before the lottery round ends. Moreover, it gives people excitement. Even people who buys few tickets can anticipate a win.
I don't mind if the process of a game is slow or fast. As long as its fun to play, I am going to play it.

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February 05, 2020, 10:52:31 PM
 #113

Process is shit, nobody will care about the process, that only thing people see and, the only thing that you will experience is outcome.
However, you can get the outcome if you don't experience the process. You won't get an appropriate outcome without a good understanding of the process. So, I am not sure if someone really ignores the process and just focuses on the outcome. Basically both are important and related to one another (a good process may result in an appropriate outcome, a bad process most likely result in nothing). IMO

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February 05, 2020, 11:01:54 PM
 #114

Process is shit, nobody will care about the process, that only thing people see and, the only thing that you will experience is outcome.
However, you can get the outcome if you don't experience the process. You won't get an appropriate outcome without a good understanding of the process. So, I am not sure if someone really ignores the process and just focuses on the outcome. Basically both are important and related to one another (a good process may result in an appropriate outcome, a bad process most likely result in nothing). IMO
The process that we are talking here is very simple because this is a lottery where everyone can play easily, so there's no challenge on the process.
A gambling game where I think the process is exciting if you are really serious are those games which can we called a skilled based type of games like Sports betting and poker, why? because you need to analyze it carefully before you make a decision.

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February 06, 2020, 05:10:28 AM
 #115

The process & outcome both are important.
The proportion of it depends on the scenario of the play.
Honestly,
If I am betting large & I'm expecting to make some huge wins, then the outcome will be particularly important to me at the time
but for enjoying with friends in a card game with very low stakes is where the process of it is important.
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February 06, 2020, 05:28:03 AM
 #116

it is the 'Outcome' for me is what important because even what process it is,either long gaming or short gaming.

long waiting game like lottery or some raffles in which will take time or a day more before the result revealed.

or short time like Dices,slot or card games that only needs minute or hour before we knew the winners yet it is Gambling and what important is the result.so it is the Outcome is what the much needed here.

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February 06, 2020, 08:13:44 AM
 #117

Basically, from my experience, gambling process is more stressful than having the outcomes. I can still remember what happened to me back in 2015, when I started my career in poker games. I learnt those strategies and their modern before I could play with others. This literally took me months before I could gamble, so, process is more tedious than the outcomes.


Learning poker in a risk free way is still worth it, than say, learning through trial and error with your fund. It can be an alternative way to learn skill-based  gambling though, but it's the risky way. It's probably can be made less risky if you gamble with what you can afford to lose in the long-term. I'd prefer learning in risk free way before try the real thing

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February 06, 2020, 02:09:01 PM
 #118

It's just simple, outcome is the only thing that matters! even in gambling or trading or any kind of this winning situation. Process is shit, nobody will care about the process, that only thing people see and, the only thing that you will experience is outcome. Process is nothing if you will just lose on the end, "I'm so close on winning, I just make one bad move!, I almost win!" Those almost shits are nothing, the only thing that is important is the outcome, if you lose you are loser, if you win you are a winner, easy as that. Outcome is the only thing that is important.
Obviously, the result is what most people expect in gambling, almost wanting a huge victory, but the result is often the opposite, that feeling is really uncomfortable for all of us, the process or any other issues surrounding gambling are not necessary to discuss because even if we prepare the elements well, if we fail, everything will not be worth reference. Typically as shared gambling strategies, it will never be more important than the results they achieve and the results that others achieve, people use results to talk to each other, instead of the process

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February 06, 2020, 05:22:04 PM
 #119

The process of anticipating seems so interesting to me. Winning does matter, yeah but most of the time, the pride of predicting something to be able to earn a money, bsating mathematics which is said to be low chance percentage to happen is amazing. Also, some application of mathematics is good to me as the percentage of a team winning and if terms of dices where luck plays a large role, it is really anticipating something you don't anticipate so it is more exciting.

Well, do the math for the Lottery but I would advise you that don't try wasting your time.

Every lottery offers a very slim chance of winning to the bettors, so your math skills here are useless as this game is just purely based on luck.

Well, it is true but the thrill for me is that despite that slim chance, that percentage based on Mathematics' probability I can still win. That proves that even application of Mathematics is everywhere, if there is a chance added, you can prove it wrong. I know this is stupid but for me, the way gambling refracts math is amazing.

I can barely see Mathematics in Lottery, it might be rude but using mathematics in lottery is a very stupid move, I mean the chances is not low, but very, very low, it's like finding a needle in a crowded places where there are no space anymore. Let's not give some false hope to people about this, because it is not going to work, a simple google would help you to find out that Lottery is a pure based luck game, like your chances to win is already in the negative scale.

But if you are after the fun and thrill, I guess you could ignore this fact and proceed to whatever you wanted to do with your money.

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February 06, 2020, 06:59:10 PM
 #120

First, I don't really like the lottery and therefore I chose Both are equally important. Gambling is about a process, because without a mature process it will not give maximum results even though we know gambling is a game of lucky, but with us doing the process more mature before, then luck is likely to be closer to us who go through a process well to get maximum results.
That is the very reason house always ends up in profit because while a gambler can and does win at times but in the long run the house holds the edge and that is basically closely related to gamblers as well. A gambler who bets on lotteries will much less likely have chances of winning rather than someone who bets on more favorable odds.

I believe when we are doing some sort of live casino or live dealer games then only we are actually involved with the process of gambling otherwise if you are betting on a dice or a roulette then you are actually waiting for the result and obviously don't care the process. Yes people might say they apply strategies and it's a process but actually you are never concerned with the process as long as they are non-live games.

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