GAMBLING: Skill-based vs. Chance-based

[Hypnosis00]

I do believe that gambling is based on both skill and chance. If you play a particular game all the time, soon you'd notice a pattern whenever you win or lose. If bettor has a small knowledge of statistics and probability he or she will under its application in every game. On the other there's a small role that luck/chance plays. Someone said that that the difference between skill and chance is long term versus short term thinking.

How can there be a pattern if every bet is unique? The outcome is determined by the Client Seed and the Server Seed, so there is no pre-determined pattern to follow. If there were any recognizable pattern, professional gamblers and math boffins would spot these quickly and they will drain the house.

There is a lot of skill and some luck in Sports betting, but even if you are a Sport boffin.... the house will handicap you, if you win too much. Every thing in gambling is geared to favor the house.    (They need to be profitable for us to play there)

We just choose between the two, skilled based or chance based, I guess I would stick with the Skilled based as you can develop your skill in the long run unlike games that are based on luck where you solely rely on pure luck to win. Sports betting is one my favorites, actually, it's the one that I focus now as I believe in the future I could be consistent just like what I wish myself to be.

Also, the win gives me better fulfillment, so I'm just happy what I'm doing and that makes me last.

Why would choose if you could do both? Dealing with several games on similar time is not really that hard unless if you do really need to concentrate specially when you do play card games.

It does depend on what suits you in because choosing games according to your interest isn't something hard or not that complicated.

Choosing one doesn't really need up any discussion though but most of the time people do really get interested on instant results like dice and roulette.

You can do both, of course, however, the chance of winning in a luck-based game is lower than on skilled-based games, that's what we should put in mind. I saw anyone making a living on luck-based games, but I heard a lot of stories about people making a living in poker and sports betting, and these all belong to skilled based type of games.

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[xypos]

I actually enjoy the chance-based games a lot more.

It is very difficult to get good in the skills based categories and generally you will always find that someone is better than you in a particular game. For instance, poker has a very steep learning curve and you're generally going to lose to the more seasoned veterans.

I just want to have some fun without stressing over my decisions. Hence chance-based.

[boyptc]

I think everyone in this thread would agree that it depends on which game because there are some that's skill based like horse race, probability based like dice, and a bit of both like poker or blackjack.

A better example is sports betting.

There's those luck based that you've mentioned such as dice and as well as roulette too. Poker is a combination of luck and skill? I think it's still mainly all about skills.

Yes, poker relies more on skill and especially in bluffing at the right time and a bit of luck depending on how long you play.
And lotteries are more chances and the only way to increase your chances of winning in lottery or bingo games is to buy more tickets.

Yes.

Bluffing is a skill and if a poker player is good at it, you'll never determine if he's bluffing or not. Including the portraying of their poker faces if you're in front of them.

[Alisha-k]

Skilled based gambling will definitely need some tutorship from an expert and could be so demanding I will rather go for the chanced bases gambling since even with the best approach you wouldn't guarantee your self a 100%  win. For me both remains a game of chance each time a set myself to gamble i go there well prepared ready for what ever comes my way be it profit or loss

[Desmong]

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?

The more time a person spend in doing something the more the chances of getting accustom to the way the is done or function. Game of card is a game of chance which the chances of becoming more lucky to win from random is high combined with skill. Maybe I could say the higher the time spent in learning/doing something, the better the chances of getting it right.

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.

Skill can be attributed to experience that had been gained for doing something for over a longer period of time. If you are good in your game, then the chances of losing can be minimal.

[Johnyz]

Skilled based gambling will definitely need some tutorship from an expert and could be so demanding I will rather go for the chanced bases gambling since even with the best approach you wouldn't guarantee your self a 100%  win. For me both remains a game of chance each time a set myself to gamble i go there well prepared ready for what ever comes my way be it profit or loss

You can actually learn it from your own experience and don’t need for any tutor because I’m sure, you’ll find a hard time looking for someone that can teach you. Skilled based games like poker is not hard at all, you just have to understand the basic things and improve later on, while the chance based are indeed for fun only, like on roulette we play based on our luck.

[Rengga Jati]

Skilled based gambling will definitely need some tutorship from an expert and could be so demanding I will rather go for the chanced bases gambling since even with the best approach you wouldn't guarantee your self a 100%  win. For me both remains a game of chance each time a set myself to gamble i go there well prepared ready for what ever comes my way be it profit or loss

Sometimes it is true and happening.
however, for those who are often playing gambling and like the challenge, skill-based will be the choice. Moreover, if they are playing with experiences, they will always enjoy playing.
Sometimes, there are some skill-based gamblings that are easier to learn and play. So, this is our own self-decision to pick which games.
But for those who are like what you said, chance-based may be better, moreover, those who have big good lucks.

[Oilacris]

Skilled based gambling will definitely need some tutorship from an expert and could be so demanding I will rather go for the chanced bases gambling since even with the best approach you wouldn't guarantee your self a 100%  win. For me both remains a game of chance each time a set myself to gamble i go there well prepared ready for what ever comes my way be it profit or loss

Sometimes it is true and happening.
however, for those who are often playing gambling and like the challenge, skill-based will be the choice. Moreover, if they are playing with experiences, they will always enjoy playing.
Sometimes, there are some skill-based gamblings that are easier to learn and play. So, this is our own self-decision to pick which games.
But for those who are like what you said, chance-based may be better, moreover, those who have big good lucks.

Im playing both basing up on my mood on that particular time which means i do play dice when i do get bored and when i do see some good sport bets then that the time i do make out some bets

and if i do feel on playing cards then i do play with it and this do basically depends on my mood and my interest and they do really have much difference on how they've been played

and differs also with the risk or odds involved for you to win.The important thing is that you shouldnt consider these activities to be a main source of income.

[CryptocurencyKing]

I think it all depends on people choices. Different people have the one that works for them. Employed or busy people would mostly prefer the chance-based game than the Skill-based. Prolly because they won’t be able to draft out time to learn the basis of skill-based games, how it works and maybe the new updates on that type of skill-based games. So they will always prefer the Chance-based games. Because in Chance -based games, your decision making prowess may only determine the outcome of the Bet but I don’t think it will determine whether you will win or lose. The part of you winning or losing is based on chance and it’s done by the machine. But I think Skill-based is better but if you can master the skills and techniques used in winning games, the you will surely have more win percent.

[goinmerry]

I think it all depends on people choices. Different people have the one that works for them. Employed or busy people would mostly prefer the chance-based game than the Skill-based. Prolly because they won’t be able to draft out time to learn the basis of skill-based games, how it works and maybe the new updates on that type of skill-based games. So they will always prefer the Chance-based games. Because in Chance -based games, your decision making prowess may only determine the outcome of the Bet but I don’t think it will determine whether you will win or lose. The part of you winning or losing is based on chance and it’s done by the machine. But I think Skill-based is better but if you can master the skills and techniques used in winning games, the you will surely have more win percent.

I agree that it all depends on people's choices but time is not a problem there. I don't see any connection that busy people will mostly prefer chance-based games. What's the advantage?

The choice will depend on how far that person is knowledgeable in a specific type of game whether it's luck-based or skill-based. Even how busy people are if they know how to play that specific skill-based game, they will choose to play on it. Or if some time that they don't feel playing at those, then they will switch to luck-based games.

[Kittygalore]

You have a good chance in skill-based betting if you are very familiar with the sports you're betting, I used to be very active in horse racing when I was young or a decade ago when I was not active on the internet and I have excitement, interest, and profit when playing in skill-based betting because you knew that you have a good chance to win than a luck-based game.

Totally agree, you're likely to make a sure win on skill based games like that compared to a luck based or as a like to call it, odds dependent games like slots, dice, roullete and lottery. I am more likely to gamble with betting rather than a luck based one because I feel like a lot of people lose more with those games than winning.

[iv4n]

I think it all depends on people choices. Different people have the one that works for them. Employed or busy people would mostly prefer the chance-based game than the Skill-based. Prolly because they won’t be able to draft out time to learn the basis of skill-based games, how it works and maybe the new updates on that type of skill-based games. So they will always prefer the Chance-based games. Because in Chance -based games, your decision making prowess may only determine the outcome of the Bet but I don’t think it will determine whether you will win or lose. The part of you winning or losing is based on chance and it’s done by the machine. But I think Skill-based is better but if you can master the skills and techniques used in winning games, the you will surely have more win percent.

I agree that it all depends on people's choices but time is not a problem there. I don't see any connection that busy people will mostly prefer chance-based games. What's the advantage?

The choice will depend on how far that person is knowledgeable in a specific type of game whether it's luck-based or skill-based. Even how busy people are if they know how to play that specific skill-based game, they will choose to play on it. Or if some time that they don't feel playing at those, then they will switch to luck-based games.

The advantage is "relaxin your brain" with playing some lucky-based game and not thinking too much... after a long busy day! It's like that in my case, and in that time it's more likely I will choose to spin some slot, or play dices... usually, I will select a lower bet and just spin it, as I mentioned, without thinking too much, without forcing too much, just brain relaxation! When I have more free time I tend to play more seriously, I have fun with changing bets from lower to higher while chasing some big payouts!

[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?

The more time a person spend in doing something the more the chances of getting accustom to the way the is done or function. Game of card is a game of chance which the chances of becoming more lucky to win from random is high combined with skill. Maybe I could say the higher the time spent in learning/doing something, the better the chances of getting it right.

Practice makes perfect, that's why gamblers love to practice to learn more and to be consistent.
However, it's only doable on games that are based on luck, therefore, it's important to focus on games that are proven could make someone win consistent money, and of course, as mentioned, card game, particularly poker is one of those.

[ipanks]

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?

The more time a person spend in doing something the more the chances of getting accustom to the way the is done or function. Game of card is a game of chance which the chances of becoming more lucky to win from random is high combined with skill. Maybe I could say the higher the time spent in learning/doing something, the better the chances of getting it right.

Practice makes perfect, that's why gamblers love to practice to learn more and to be consistent.
However, it's only doable on games that are based on luck, therefore, it's important to focus on games that are proven could make someone win consistent money, and of course, as mentioned, card game, particularly poker is one of those.

If a gambler can practice and manage their money, they will surely improve their skills. But most gamblers will not think much about managing their money instead of trying just to play more and more and that is why many gamblers lose their money in the end. However, if that gambling game is based on luck, no matter how hard we practice, we still have a big chance of losing money without knowing when to win. But if that is about poker, practice can make us become a pro poker players.

[stadus]

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?

The more time a person spend in doing something the more the chances of getting accustom to the way the is done or function. Game of card is a game of chance which the chances of becoming more lucky to win from random is high combined with skill. Maybe I could say the higher the time spent in learning/doing something, the better the chances of getting it right.

Practice makes perfect, that's why gamblers love to practice to learn more and to be consistent.
However, it's only doable on games that are based on luck, therefore, it's important to focus on games that are proven could make someone win consistent money, and of course, as mentioned, card game, particularly poker is one of those.

If a gambler can practice and manage their money, they will surely improve their skills. But most gamblers will not think much about managing their money instead of trying just to play more and more and that is why many gamblers lose their money in the end. However, if that gambling game is based on luck, no matter how hard we practice, we still have a big chance of losing money without knowing when to win. But if that is about poker, practice can make us become a pro poker players.

That's why the majority of the gamblers are losers because they are serious with their goal of making consistent money, but they don't have the skills in doing it, bankroll management is pretty basic, if you messed up with it, then don't expect that you'll have a profitable journey in gambling.

[Taskford]

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?

The more time a person spend in doing something the more the chances of getting accustom to the way the is done or function. Game of card is a game of chance which the chances of becoming more lucky to win from random is high combined with skill. Maybe I could say the higher the time spent in learning/doing something, the better the chances of getting it right.

Practice makes perfect, that's why gamblers love to practice to learn more and to be consistent.
However, it's only doable on games that are based on luck, therefore, it's important to focus on games that are proven could make someone win consistent money, and of course, as mentioned, card game, particularly poker is one of those.

If a gambler can practice and manage their money, they will surely improve their skills. But most gamblers will not think much about managing their money instead of trying just to play more and more and that is why many gamblers lose their money in the end. However, if that gambling game is based on luck, no matter how hard we practice, we still have a big chance of losing money without knowing when to win. But if that is about poker, practice can make us become a pro poker players.

That's why the majority of the gamblers are losers because they are serious with their goal of making consistent money, but they don't have the skills in doing it, bankroll management is pretty basic, if you messed up with it, then don't expect that you'll have a profitable journey in gambling.

Actually that's the aim of majority but I think only few of the gamblers earn and that are the people who have proper discipline, although skills is really important but some how we need to be prepared for some situations and learn some ways to exit since not everyday we can earn a huge money of it that's why we set some target profit amount and the one I think decent amount is 20%-30% from our capital winning and the same while losing so that we can secure our daily profit. Although we know that this is not consistent but at least we can assure that once we lose the damage is not huge.

[ChiBitCTy]

Personally I am a fan of both, but if I had to choose between the two then I am choosing skill based.  Poker is my all time favorite card game or game that you can find at the casino and when I say poker I mean actual poker, none of that online crap or fast play poker, I like poker when you actually sit down, take your time, bluff etc.  When you take bluffing out of the game it's just not as fun.

[judeafante]

If you have the time and the passion, skill-based is worth trying you have a good chance of winning in skill-based as long as you know the game, you are familiar with players and the team, you can come out with a winable list, chance-based games are for people who just want to enjoy and get entertained they don't want to waste their time and effort analyzing the game, they just go for the roll or what the cards will bring them and accept them as they are.

[KTChampions]

Personally I am a fan of both, but if I had to choose between the two then I am choosing skill based.  Poker is my all time favorite card game or game that you can find at the casino and when I say poker I mean actual poker, none of that online crap or fast play poker, I like poker when you actually sit down, take your time, bluff etc.  When you take bluffing out of the game it's just not as fun.

I agree about online poker - the dominance of bots plus grinders who, with the help of special software, play simultaneously on 20 tables, completely kills the spirit of the game. I would love to play live poker, but most of my friends are not into it and poker itself is prohibited in my country.

[Victorycoin]

In addition to poker, every game requires skill to choose players need to learn basic skills and tactical awareness during competitive games strategic awareness involves the ability to know your role and to have lasting awareness and the ability to make good decisions on the field. Despite the huge number of club poker its rules are very general and generally the same for each species in the end, the player must collect a combination of five cards whose combination is the strongest win among them.