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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

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Author Topic: Gambling: process vs outcome  (Read 2301 times)
coolcoinz
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March 04, 2020, 01:41:48 PM
 #181

IMO each game has its own target audience. Lotteries are popular among people who want to feel some thrill and bet on something, but at the same time don't follow any sports, don't want to go to a casino, and don't play cards. It's also good for those who want to bet very little and have a chance to win a lot. As you probably know the typical bet gives you 2-50% chance of winning, but the win is 2-3 times what you stake. A lottery lures people with a  win of 1000x, but hides the odds from you, so that you may think it's 1% or 0,1%, but in reality it's something like 0,0001%... A total waste of money for those of us who can count.

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March 04, 2020, 03:56:08 PM
 #182

The process is the most important,

Even if how long you play, you cannot skipped for the process and directly go for the outcome. Even in gambling, I personally believe that the process is important because this is where you can see and where you can get a hint of the possible outcome of your game.


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March 04, 2020, 06:16:35 PM
 #183

The process is the most important,

Even if how long you play, you cannot skipped for the process and directly go for the outcome. Even in gambling, I personally believe that the process is important because this is where you can see and where you can get a hint of the possible outcome of your game.

I think OP is actually talking about whether people enjoy the actual process of gambling (e.g. the thrill), or whether they simply gamble for the outcome (e.g. the win).

The truth is, there's going to be people on either sides of the fence, as well as people who sit on both sides at once.

Me, I'm about the process, since I only play games I actually enjoy and wager amounts that are negligible to me.
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March 04, 2020, 08:22:07 PM
 #184

Being willing to wait for longer results is basically a process even though you didn't do anything at the beginning and might just make it like a quick guess and also, even though you play a casino that will get results quickly but in reality the process will always be there, because at least you will do some experiments or experiments at the beginning to then increase the number of bets etc. then it is a process as well and of course we will always expect good results from every process that is passed.

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March 05, 2020, 04:58:10 PM
 #185

Being willing to wait for longer results is basically a process even though you didn't do anything at the beginning and might just make it like a quick guess and also, even though you play a casino that will get results quickly but in reality the process will always be there, because at least you will do some experiments or experiments at the beginning to then increase the number of bets etc. then it is a process as well and of course we will always expect good results from every process that is passed.

I agree, but at some point, we can't always expect good results because we've been in the gambling world for too long, that doesn't mean we are good enough already to win most of the time against the house. Process is a way on how we are going to figure out things if we don't believe on luck, because I know that most of the gamblers will say that they need to gain experience first before they could make profits on it.

Therefore, they are willing to take the risk for the long-term rally against the house, by saying that, I mean they are doing whatever it takes just to grab the moment where they could shine in gambling.
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March 05, 2020, 07:10:23 PM
 #186

Being willing to wait for longer results is basically a process even though you didn't do anything at the beginning and might just make it like a quick guess and also, even though you play a casino that will get results quickly but in reality the process will always be there, because at least you will do some experiments or experiments at the beginning to then increase the number of bets etc. then it is a process as well and of course we will always expect good results from every process that is passed.

With time you get more experienced in.gambling and the process itself more and more developed. However, that doesn't necessary guarantee high performance and big results. In gambling many factors influence the final outcome and you can't always influence and control the whole process. Some gamblers wait for their whole life the big result to come but at the end that might never happen.

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March 06, 2020, 04:12:20 AM
 #187

The outcome is most important to me when it comes to gambling. I don't care if am playing roulette, or dice or plinko, don't care about those fancy designs and graphics. If I win then it's good, and if I lose then bad lol. As much as the game is interesting, it's not really delicious food which I can enjoy to consume haha.
Given the fact that the process for most gamblers will always be the same so the most important thing that you have said is what the others want too. The choice of game is part of the process that the gambler has to choose so that he can know what's the best game for him/her.
Then if he's decided and chosen the game that he's very good with, the next process will be how effective the gambler is with the said game and outcome's coming next.



 

 

 

 

 

 


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March 07, 2020, 07:46:41 AM
 #188

The truth is, there's going to be people on either sides of the fence, as well as people who sit on both sides at once.

Me, I'm about the process, since I only play games I actually enjoy and wager amounts that are negligible to me.

I'm not sure if you can sit on both sides of the fence at once

Though I fully understand your line of reasoning. To make things simpler, we can use the example of trading as it is very much like gambling, and still more so with cryptocurrency trading (which is in fact a subtle form of gambling). Some traders are much like gamblers, they just feel the urge to make trades and see their orders executed. I think it gives them the comforting and deeply satisfying feeling of control, or at least an illusion of it

But they are in minority, obviously. It means that most traders are in solely for the purpose of multiplying their capital, which seems to be quite straightforward and self-evident, right? However, this doesn't mean that they don't like the process, but they like it specifically because they expect to earn profits. It is essentially the same with gambling, so even if it looks on the outside that some people love both the process and the outcome, it is definitely about the outcome

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March 16, 2020, 04:11:11 AM
Last edit: March 16, 2020, 04:32:53 PM by TheUltraElite
 #189

Even if how long you play, you cannot skipped for the process and directly go for the outcome. Even in gambling, I personally believe that the process is important because this is where you can see and where you can get a hint of the possible outcome of your game.
If it is a game like dice you cannot know the outcome of the game obviously because that would change the house. Of course for the gambler the playing induces the rush and often that is the good reason to play.

But the procedure will never give you any hint of the outcome but if you know something other than that do let us know. I am sure everyone will be curious. Because a game of chance that can be gamed will be interesting to know and will not exist for a very long time. Grin

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March 19, 2020, 01:42:33 PM
 #190


Many new gambler are playing gambling for the outcome because they focusing on the price that they earned when they win in a gambling, instead of focusing the process. So that many new gamblers are stop rapidly in playing gambling by just simply lose in a row. For me, the only way to prolong in gambling is just focused on the process not in the outcome because if we focus the process we would now how the game works so that we enjoyed the game and not the outcomes. If we focus the process we can also produced strategies that we used on the next game.








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March 19, 2020, 07:25:25 PM
 #191

Even if how long you play, you cannot skipped for the process and directly go for the outcome. Even in gambling, I personally believe that the process is important because this is where you can see and where you can get a hint of the possible outcome of your game.
If it is a game like dice you cannot know the outcome of the game obviously because that would change the house. Of course for the gambler the playing induces the rush and often that is the good reason to play.

But the procedure will never give you any hint of the outcome but if you know something other than that do let us know. I am sure everyone will be curious. Because a game of chance that can be gamed will be interesting to know and will not exist for a very long time. Grin
I dont know if that thing exist where the process would give out some hints or glimpse of the outcome which is totally impossible here on a gambling world.
Process is on when you do things along the way while expecting for the result which is random even if there are games which you do believe that you do have
high chances of winning doesnt really give out guarantees and on other sense which you should enjoy gambling rather stressing out yourself
on what would be the result.


Many new gambler are playing gambling for the outcome because they focusing on the price that they earned when they win in a gambling, instead of focusing the process. So that many new gamblers are stop rapidly in playing gambling by just simply lose in a row. For me, the only way to prolong in gambling is just focused on the process not in the outcome because if we focus the process we would now how the game works so that we enjoyed the game and not the outcomes. If we focus the process we can also produced strategies that we used on the next game.
This is where people do really have that mistake on where they do focus on the outcome and thinking up to be rich before they play.
In result? Too much expectation would really lead to frustration because gambling doesnt work like that on where you do able to get yourself
rich easily yet we know that gambling isnt really meant for that but rather just good for entertainment.
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March 26, 2020, 06:23:24 PM
 #192

The process is very important, that's what will determine if the outcome will be good or not. So if you do a good process, a good outcome should follow otherwise it will lead to frustration. That's why both are very important. People keep trying lotteries because they believe they will win.  Even if they lose they will still play.
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March 29, 2020, 05:53:57 AM
 #193

I dont know if that thing exist where the process would give out some hints or glimpse of the outcome which is totally impossible here on a gambling world.
Such things dont exist. It was a joke.

Quote
Process is on when you do things along the way while expecting for the result which is random even if there are games which you do believe that you do have high chances of winning doesnt really give out guarantees and on other sense which you should enjoy gambling rather stressing out yourself
on what would be the result.
EV+ games outcomes are to be predicted. But having fun is important because that is what makes gambling fun. It will be a loss anyway so it is better to accept it that way and and not think about the outcome. If you are gambling to make money,  well play something like poker and sports betting and not dice games. But it is tough and not everyone's cup of tea.

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March 29, 2020, 06:59:23 AM
 #194

The process is very important, that's what will determine if the outcome will be good or not. So if you do a good process, a good outcome should follow otherwise it will lead to frustration. That's why both are very important. People keep trying lotteries because they believe they will win.  Even if they lose they will still play.

The problem is that there is no process in gambling. No matter what you do, you will never know whether you will win or lose. In games like gambling where luck matters most, the process has zero value. All the value is about the outcome and if the outcome is a Win, then you are happy and good to go.
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March 29, 2020, 11:54:13 AM
 #195

The process is very important, that's what will determine if the outcome will be good or not. So if you do a good process, a good outcome should follow otherwise it will lead to frustration. That's why both are very important. People keep trying lotteries because they believe they will win.  Even if they lose they will still play.

The problem is that there is no process in gambling. No matter what you do, you will never know whether you will win or lose. In games like gambling where luck matters most, the process has zero value. All the value is about the outcome and if the outcome is a Win, then you are happy and good to go.

   Gambling is a process, maybe not good one, or the best one, but it's some process, we can't deny that. Journey is more important
than goal, you need to have some fun if you decided to gamble, whether you win or lose, and if you gamble you will encounter both
it's gambling after all! Enjoy the process, we like to win and we play to win, and it's nice when we win, when you lose you try again
to have the same feeling when you win again. In many ways that build your character!



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March 29, 2020, 12:03:07 PM
 #196

The outcome is the most important, the whole process of gambling is the process where there is no one who can tell or there is no guarantee what will be its outcome. It is more on prediction and luck.
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March 29, 2020, 12:08:07 PM
 #197

The common reason of gamblers why they are playing is because of the money, so they want to win to make money from it. So basically the outcome is more important than the process. But for me process is important thing, those gamble that requires skills and techniques is a good gambling, you may see the process if you will win the game and those games have more chances to win the game compared to those games that only relies on the luck of the person or those gambling that you are only required to wait for the outcome.

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March 29, 2020, 12:37:18 PM
 #198

Most of the gamblers are excited about outcome not the meanwhile waiting time especially in lottery like gambling modes because bettors believe that they are going to win some day and the day could be today whole everyday they are betting on it.I too tried lotteries for very few times to know how lucky I am and most of the time I get to nearer numbers from the numbers which announced as won but honestly I feel its the strategy makes us to believe that we are going to be win practiced by the sites.
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March 31, 2020, 02:56:47 AM
 #199

I agree that both can go together. I remember that my father had enough money for all his responsibilities, even gambling. He liked to bet on the horses and I don't remember that he won but I do remember that he won the lottery several times. In fact, he made home improvements thanks to his lottery winnings.


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March 31, 2020, 03:23:53 AM
 #200

I agree that both can go together. I remember that my father had enough money for all his responsibilities, even gambling. He liked to bet on the horses and I don't remember that he won but I do remember that he won the lottery several times. In fact, he made home improvements thanks to his lottery winnings.

When your father has good information about what horse that has a big chance to win, he will not care about the process, and he will wait for the outcome because the opportunity for winning will give him the hope to get the win money. But if we don't have good information, and we only predict the horse, I think the process and the outcome will come together as there is no right information, or he could only collect a few good information. Perhaps, the outcome will be one thing that the gamblers will pay attention to because the result means they can get the win money from gambling.

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