GAMBLING: Skill-based vs. Chance-based

[LogitechMouse]

Even the skill based gambling requires luck to so both of them requires luck in the end. Skills just add your chances of winning but it will be useless if you aren't lucky in the day.

If I'm still gambling, I'd rather choose chance based gambling since I don't have any time to acquire many skills that will help me win more in gambling. I'm not that avid fan of gambling and I don't want to spend too much time on it because of my work too.

Either way, different gamblers have different perspective with regards to these 2 things.

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[deisik]

If I'm still gambling, I'd rather choose chance based gambling since I don't have any time to acquire many skills that will help me win more in gambling. I'm not that avid fan of gambling and I don't want to spend too much time on it because of my work too

Actually, this matter has been looked into before

Many psychologists have been studying how much time you need to become an expert in any field of human activity. The conclusion? You have to spend at least 10,000 hours to reach a master level at anything, which translates to 4 hours a day every day for 10 years on end

And I would also add that in certain domains it is a lifelong journey, whether you like or not (and you'd better do). Put differently, it should be your true calling since otherwise you can't possibly spend so much time and effort on something which you don't like deep down inside. You would start procrastinating straight away

[Reatim]

Like for example if you are a Basketball fan for long time,maybe you can at least have bigger chance of winning if you bet in sportsbet specially if the team is your favorite.

Wrong example, if that is only the basis to succeed in gambling, then definitely sports betting will not be challenging for the sports betting.
The sad reality is, when always bet on your favorite team, you are likely to lose, because it will make you bias and you'll not be able to analyze it realistically since you are bias.

how does it come that challenges is need in gambling?we are playing to win and doesn't care if there is a challenge or not because we are only betting and we are not those who are playing in that said sports.

I made basketball as example since this is my gambling game since i was young.there are different gamblings that we manage to play in this sport so i believe that i have advantage here than other sports .

[winterlemon912]

As we are now under community quarantine because of this pandemic virus, we tend to play online games to lessen the boredom we feel at our home, so I wanna know your preference on choosing what gamble to play.

There are two types of gambling for me, the skill-based and the chance-based.
1. Skill-based - these are gambling that requires our skills and techniques for us to win, such as playing poker, betting on races, and playing blackjack but the odds of winning are still different for people and it is always in favor of the owner of the gambling.
2. Chance-based - these are gambling that you will only wait for the result, you don't need to do something or to think so deep for you to win because all of you have an equal chance of winning such as roulette, lottery, and other gaming machine.
For me, I will choose the skill-based gambling because I am not hoping for the luck of life, I want to make action to make my life great. It still better to to think logically and analytically at any time.

But if you are only a beginner, I think the chance-baded gsmbling would be duitable for you, but do not stick only on that, you should improve yourself, acquire skills and knowledge through experience so you will be able to play skill baesed gambling soon.

When you are gambling, there are two types of players and these are Chance base player and the skilled base player. The chance base player is just a happy go lucky player who just want play without using their skills and not studying the game hardly. Those who are skilled players are what we called professional gamblers that can count the cards easily and other casinos are restricting those kind of playing so skilled base gamblers are hard to find a place to play.

[Russlenat]

It depends on my mood. I will choose skill-based if I know that I am skilled enough about certain games. But generally speaking, skill-based games will give you more possibility of winning because it's a matter of abilities and mastery you have.

In the long run, of course, because if you play a game based on luck, you can only win if you are lucky and its fully guaranteed that you will just lose in the long run, regardless of the strategy you are using. That's why I like to bet on sports betting as I believe I have a better chance of winning, and this is a skilled based game that until now I am still developing my skills, hopefully I'll be successful but I am not so eager compared in the past.

on gambling its guaranteed you can loose in long run because of the house edge and it does not matter if your play was based on skill or luck . on sports betting game you cant call it as a skill based because ive seen many times that games does not work according to the bettors analysis  . they are confident with thier picks that they choose the best team but at the end of the match , the bad  team manage to recover and won . same as with black jack and other known skill based game too

Not if there is no house edge, in sports betting there is no house edge since you are can choose the odds you like while you can still get the advantage if you see some value on the odds, in lucked based games, there is no such thing like that, so you will still lose in the long run, imagine even at 1% house edge you will never win if you will gamble for long term, and that's the reason why regular gamblers does not focus on games with house edge.

[semobo]

Pick the luck based casino games when you are begin with, it maybe harder to make money from these games but this will make you aware that it is not easier to win money from gambling so they will always try to save themselves from getting addicted to it.

I don't know how to save themself if they always make it.
If you only base about luck or having luck, then you'll go into Luck-based game. But you are trying to apply your skills and knowledge in a particular game, then skilled-based game suited for you.

Even if you have a lot of money and willing to lose either, but something we feel imbalance if we just keep losing. Might not ask ourselves why not to have this one knowing that there is a big chance to win on there? We need to be smart also in some other ways.

We are talking about someone who just wants to begin their gambling career, if they pick luck based games they have less chance of getting addicted to it, losing for a good cause even if they lose in their early sates but on luck based games we can't ensure our win on any game even if we mastered that game so we will try pushing harder again and again after each losses.

[figmentofmyass]

T9s = 10-9 suited

Yep, a chance to get straight or flush, because of that difference in 3 % (between 19.251 and 22.2). For example, i don't know about that, that it's more chance to win against monster hand with suited cards rather than one pair.

underpair vs overpair is always a terrible position to be in.

i'm pretty sure suited connectors (like T9s or 76s) are the best possible hand vs AA. but i don't wanna overstate their chances though. there is still only a ~22.5% chance to win with 76s vs AA preflop, compared with an 18% chance to win with KK. it's not a huge difference.

[StephenJH]

Pick the luck based casino games when you are begin with, it maybe harder to make money from these games but this will make you aware that it is not easier to win money from gambling so they will always try to save themselves from getting addicted to it.

I don't know how to save themself if they always make it.
If you only base about luck or having luck, then you'll go into Luck-based game. But you are trying to apply your skills and knowledge in a particular game, then skilled-based game suited for you.

Even if you have a lot of money and willing to lose either, but something we feel imbalance if we just keep losing. Might not ask ourselves why not to have this one knowing that there is a big chance to win on there? We need to be smart also in some other ways.

We are talking about someone who just wants to begin their gambling career, if they pick luck based games they have less chance of getting addicted to it, losing for a good cause even if they lose in their early sates but on luck based games we can't ensure our win on any game even if we mastered that game so we will try pushing harder again and again after each losses.

Generally, gambling addiction is the worst and last point of any gambler no matter how skilled he/she is. Winners are greedy as a thirsty person in desert and losers are the wild plants there if we look at the definitions from zero-sum game logic. 0-sum game skills are not enough to beat the house edge in long term gambling, so having decent card counting skills is the only way to beat the house if the shuffle rounds are not more than for single-game deck.

[cabron]

Pick the luck based casino games when you are begin with, it maybe harder to make money from these games but this will make you aware that it is not easier to win money from gambling so they will always try to save themselves from getting addicted to it.

I don't know how to save themself if they always make it.
If you only base about luck or having luck, then you'll go into Luck-based game. But you are trying to apply your skills and knowledge in a particular game, then skilled-based game suited for you.

Even if you have a lot of money and willing to lose either, but something we feel imbalance if we just keep losing. Might not ask ourselves why not to have this one knowing that there is a big chance to win on there? We need to be smart also in some other ways.

We are talking about someone who just wants to begin their gambling career, if they pick luck based games they have less chance of getting addicted to it, losing for a good cause even if they lose in their early sates but on luck based games we can't ensure our win on any game even if we mastered that game so we will try pushing harder again and again after each losses.

Generally, gambling addiction is the worst and last point of any gambler no matter how skilled he/she is. Winners are greedy as a thirsty person in desert and losers are the wild plants there if we look at the definitions from zero-sum game logic. 0-sum game skills are not enough to beat the house edge in long term gambling, so having decent card counting skills is the only way to beat the house if the shuffle rounds are not more than for single-game deck.

It defeats the purpose of why gamblers gamble though. Most of them wants to earn money so the reason why they bet too.  These gamblers even derive a strategy even when playing in the luckbase games like DICE. They did have some strategy when playing DICE such as martingale, now that means they wanna earn.

The better someone with skills to use it to earn. Chinese Mahjong game seem to be a good game that really needs strategy and skills.

[stomachgrowls]

Pick the luck based casino games when you are begin with, it maybe harder to make money from these games but this will make you aware that it is not easier to win money from gambling so they will always try to save themselves from getting addicted to it.

I don't know how to save themself if they always make it.
If you only base about luck or having luck, then you'll go into Luck-based game. But you are trying to apply your skills and knowledge in a particular game, then skilled-based game suited for you.

Even if you have a lot of money and willing to lose either, but something we feel imbalance if we just keep losing. Might not ask ourselves why not to have this one knowing that there is a big chance to win on there? We need to be smart also in some other ways.

We are talking about someone who just wants to begin their gambling career, if they pick luck based games they have less chance of getting addicted to it, losing for a good cause even if they lose in their early sates but on luck based games we can't ensure our win on any game even if we mastered that game so we will try pushing harder again and again after each losses.

Generally, gambling addiction is the worst and last point of any gambler no matter how skilled he/she is. Winners are greedy as a thirsty person in desert and losers are the wild plants there if we look at the definitions from zero-sum game logic. 0-sum game skills are not enough to beat the house edge in long term gambling, so having decent card counting skills is the only way to beat the house if the shuffle rounds are not more than for single-game deck.

It defeats the purpose of why gamblers gamble though. Most of them wants to earn money so the reason why they bet too.  These gamblers even derive a strategy even when playing in the luckbase games like DICE. They did have some strategy when playing DICE such as martingale, now that means they wanna earn.

The better someone with skills to use it to earn. Chinese Mahjong game seem to be a good game that really needs strategy and skills.

Using up martingale doesnt anytime mean that you do wanna earn or do really have that kind of goal.Some would just trying to extent out their time into their plays but it is unlikely behavior

of a certain gambler to have this kind of mindset and of course we do play gambling for the sake of making money and thats a fact.Only a few who do really have that true motive in mind to seek out

for leisure but on the rest then it would always be on gains.We know the variety or type of games, it would really be just depending on your knowledge and interest.

[johhnyUA]

i'm pretty sure suited connectors (like T9s or 76s) are the best possible hand vs AA. but i don't wanna overstate their chances though. there is still only a ~22.5% chance to win with 76s vs AA preflop, compared with an 18% chance to win with KK. it's not a huge difference.

Yes, but again, regarding main thesis, this is really makes any ass to explode when such things happen. And you can't counter it with your skill. Difference between poker (and any card game, except maybe Preference and Bridge) and chess is that in chess any game is depending on skill. Noob would never win against grossmeister, but in poker, with of course a negligible probability, noob can win even on long hand. If he is lucky enough.

[LogitechMouse]

If I'm still gambling, I'd rather choose chance based gambling since I don't have any time to acquire many skills that will help me win more in gambling. I'm not that avid fan of gambling and I don't want to spend too much time on it because of my work too

Actually, this matter has been looked into before

Many psychologists have been studying how much time you need to become an expert in any field of human activity. The conclusion? You have to spend at least 10,000 hours to reach a master level at anything, which translates to 4 hours a day every day for 10 years on end

And I would also add that in certain domains it is a lifelong journey, whether you like or not (and you'd better do). Put differently, it should be your true calling since otherwise you can't possibly spend so much time and effort on something which you don't like deep down inside. You would start procrastinating straight away

This is why I don't like to acquire many skills too that are related to gambling because I know already that it will be a waste for me especially if I can't win on it.

4 hours a day for 10 years is reasonable I think but for some gamblers, the time frame will be shorter as they are spending more time gambling so lets say that they are spending 7-8 hours on it then it will be lessen to 5 years instead of 10 years.

You are right too regarding procrastination of a gambler. When he sees that he can't see any progress on him doing that thing (something like getting profits), they will start to procrastinate and after few months they will stop learning it. Maybe this will not happen if the gamblers is willing to spend his time and he is passionate to learn anything that is related to gambling but I know that most of the gamblers don't think like this.

[plvbob0070]

It depends on my mood. I will choose skill-based if I know that I am skilled enough about certain games. But generally speaking, skill-based games will give you more possibility of winning because it's a matter of abilities and mastery you have.

In the long run, of course, because if you play a game based on luck, you can only win if you are lucky and its fully guaranteed that you will just lose in the long run, regardless of the strategy you are using. That's why I like to bet on sports betting as I believe I have a better chance of winning, and this is a skilled based game that until now I am still developing my skills, hopefully I'll be successful but I am not so eager compared in the past.

For me, in chance-based games, luck also has limits that's why in the long run, there's no assurance that you can win cause there's a possibility of losing, compared to skill-based.

In sports betting, you really need to be strategic and have enough knowledge about the game to analyze your bets. Though your skill is only limited to that unless you are not the one playing the said sports. So there's still a possibility that tables could turn. But overall, the chances are more vivid in sports betting than only depending on your luck since like what you have said, your skills in sports betting can be developed. Luck doesn't develop, there are just times that you're lucky but sometimes you're not.

[Kong Hey Pakboy]

For me, I will choose the skill-based gambling because I am not hoping for the luck of life, I want to make action to make my life great. It still better to to think logically and analytically at any time.

But if you are only a beginner, I think the chance-baded gsmbling would be duitable for you, but do not stick only on that, you should improve yourself, acquire skills and knowledge through experience so you will be able to play skill baesed gambling soon.

In my own point of view, even you are just playing a skill-based gambling, there is no way you are winning in gambling without having luck by your side. I know skill-based gambling is all about skills and talent, but not all the time you are winning from those because if you are really unlucky you only have a few chance to win.

[swogerino]

Even the skill based gambling requires luck to so both of them requires luck in the end. Skills just add your chances of winning but it will be useless if you aren't lucky in the day.

If I'm still gambling, I'd rather choose chance based gambling since I don't have any time to acquire many skills that will help me win more in gambling. I'm not that avid fan of gambling and I don't want to spend too much time on it because of my work too.

Either way, different gamblers have different perspective with regards to these 2 things.

I agree that during skill games also luck is needed but this is not always the case.I always love to take as an example Texas holdem poker as it can be seen from many different point of views.Even in an unlucky day if you be patient enough it is a sure thing luck will come to you in the form of good card hands after you have been patient enough.My point is in this scenario luck is not always needed,it will come naturally after showing a great deal of patience.

[figmentofmyass]

i'm pretty sure suited connectors (like T9s or 76s) are the best possible hand vs AA. but i don't wanna overstate their chances though. there is still only a ~22.5% chance to win with 76s vs AA preflop, compared with an 18% chance to win with KK. it's not a huge difference.

Yes, but again, regarding main thesis, this is really makes any ass to explode when such things happen. And you can't counter it with your skill. Difference between poker (and any card game, except maybe Preference and Bridge) and chess is that in chess any game is depending on skill. Noob would never win against grossmeister, but in poker, with of course a negligible probability, noob can win even on long hand. If he is lucky enough.

that's also the beauty of poker and why it's so popular.

think of it this way---terrible poker players are still willing to put their chips in the pot with bad odds. they do that because there is an element of chance, and because they win sometimes even as total donks. this is why the pros can make a living playing against amateurs and tourists.

compare that to chess. who wants to play chess against a grandmaster for money? not me!

[deisik]

If I'm still gambling, I'd rather choose chance based gambling since I don't have any time to acquire many skills that will help me win more in gambling. I'm not that avid fan of gambling and I don't want to spend too much time on it because of my work too

Actually, this matter has been looked into before

Many psychologists have been studying how much time you need to become an expert in any field of human activity. The conclusion? You have to spend at least 10,000 hours to reach a master level at anything, which translates to 4 hours a day every day for 10 years on end

And I would also add that in certain domains it is a lifelong journey, whether you like or not (and you'd better do). Put differently, it should be your true calling since otherwise you can't possibly spend so much time and effort on something which you don't like deep down inside. You would start procrastinating straight away

This is why I don't like to acquire many skills too that are related to gambling because I know already that it will be a waste for me especially if I can't win on it

It will likely be a double waste because the time spend this way could have been spent with greater purpose on something else, more rewarding in terms of personal development and growth

4 hours a day for 10 years is reasonable I think but for some gamblers, the time frame will be shorter as they are spending more time gambling so lets say that they are spending 7-8 hours on it then it will be lessen to 5 years instead of 10 years

You must actually learn something new during this time span

If you are just mindlessly repeating a certain routine, it is not learning (like "he doesn't have 20 years of experience, but one year repeated 20 times"). True learning requires true effort, and it is doubtful you will be able to exert such an effort for 7-8 hours nonstop. We have only so much mental energy, and it gets spent quickly. In fact, learning as such, i.e. applying efficient and effective approaches to the process of acquiring new knowledge (which translates to expertise and mastery of the subject in the long run), is an art in and of itself

[johhnyUA]

that's also the beauty of poker and why it's so popular.

think of it this way---terrible poker players are still willing to put their chips in the pot with bad odds. they do that because there is an element of chance, and because they win sometimes even as total donks. this is why the pros can make a living playing against amateurs and tourists.

compare that to chess. who wants to play chess against a grandmaster for money? not me!

What came to my mind. In game where everything more depend on skill, result of every single match is determined on how good you're in this game and even luck doesn't depend on your probability to win. For example, this is being seen in Preference, where not so important which cards do you have, but more affects how do you play. You can finish your game with the best result, even with worst cards. In poker it's harder to do. because some things (like cards on the table) is independent from you and your skill.

[Naida_BR]

Chance based games are more friendly to people who are not a lot of acquainted to gambling.
It is a way to make profit without really understanding the game but it is also a chance to lose more money on that.
Skilled based games need a lot of time to understand and learn the game before starting playing.

[freedomgo]

In poker it's harder to do. because some things (like cards on the table) is independent from you and your skill.

Then why there are people who are consistently good with poker?

You are not in control with the cards but you can use your skills in poker, that's why there's what we called "bluff" in poker, if you are good with hiding your emotion or showing your fake emotion, you might likely gonna win more and be a successful poker player, and that means you use your skills.