GAMBLING: Skill-based vs. Chance-based

[alegotardo]

We can't just rely only on lucks when it comes to card games but also it requires knowledge and skills as well. Maybe if we are in the lottery, that really it only needs luck in order to win but the rest will need both.
As a gambler, I choose those games that I already know, this was the advantage we have and our chances of winning are a little bit high than those who have less/nothing.

putting all card games on the same basket would be a mistake
games like poker are way more skill based and have a luck component included but it's not the only thing, like other games that are way more based on luck

Why?
I for example only bet on sports games. Of course, I don't bet only on one team, not even on a single championship, but I don't consider it a mistake to bet only on sports games.
Likewise, I don't think it's a mistake to only bet on card games if he diversifies the bets on different games.

Anyway, the skill and preferences of each player are more important in this case.

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[worldofcoins]

Skills-based games are mostly PvP because a Casino with a House edge would always consider they win most of the time so it's quite hard to see skill-based games on House edge games unless the edge of playing poker against a casino is very high.

Now Chance based games are Dice and Slots.

[Mahanton]

We can't just rely only on lucks when it comes to card games but also it requires knowledge and skills as well. Maybe if we are in the lottery, that really it only needs luck in order to win but the rest will need both.
As a gambler, I choose those games that I already know, this was the advantage we have and our chances of winning are a little bit high than those who have less/nothing.

putting all card games on the same basket would be a mistake
games like poker are way more skill based and have a luck component included but it's not the only thing, like other games that are way more based on luck

Why?
I for example only bet on sports games. Of course, I don't bet only on one team, not even on a single championship, but I don't consider it a mistake to bet only on sports games.
Likewise, I don't think it's a mistake to only bet on card games if he diversifies the bets on different games.

Anyway, the skill and preferences of each player are more important in this case.

Its our own money to use so its up to ours on how we do make out bets according to our interest and preference and theres no other people could stop that or do have the rights on doing so.
Skill based or luck based it doesnt really matter because there's always a time on where you do really feel on playing several types of games even if you are aware about the odds on profiting
or wins but still you do decide to make out some engagement.It all matters with interest and this would really differ on each person thats why decisions do differ too.

[sikke]

I definitely prefer skill based.

It takes a while to master but once you do you can maximise the odds of winning or at least not losing.

For example, BJ has a house edge of 0.5% if you play perfect basic strategy or even a positive EV if you know how to count cards. Compare this to American roulette which has a house edge of 5+%.

[crzy]

I definitely prefer skill based.

It takes a while to master but once you do you can maximise the odds of winning or at least not losing.

For example, BJ has a house edge of 0.5% if you play perfect basic strategy or even a positive EV if you know how to count cards. Compare this to American roulette which has a house edge of 5+%.

Skills based gambling are serious one, you really have to exert effort learning the strategy to win against the house or else you’ll lose same thing in the chance based games where you just click and let the system works, both are risky but still refer to the wants of every gambler, I do play chance based games and I’m lucky sometimes, its very entertaining for me.

[kawetsriyanto]

Having experience could help you to win. At least, you will know when you stop gambling and leave the games. You can control yourself from the next losses and that will only work if you always remember that gambling is not just making money but gambling can make you lose much money.

Indeed. That's why experience is important, we can realize when to gamble and when to stop it. Sure, gambling isn't only to make money, even it is a bigger chance to lose money. A beginner probably doesn't know when he must stop it, he only thinks that one luck can recover all losses. While an experienced gambler, mostly has a limit to stop when it is likely to have a bad end. Or suddenly stop when the fund or time to play for a certain game is over already.

[Quidat]

I definitely prefer skill based.

It takes a while to master but once you do you can maximise the odds of winning or at least not losing.

For example, BJ has a house edge of 0.5% if you play perfect basic strategy or even a positive EV if you know how to count cards. Compare this to American roulette which has a house edge of 5+%.

Skills based gambling are serious one, you really have to exert effort learning the strategy to win against the house or else you’ll lose same thing in the chance based games where you just click and let the system works, both are risky but still refer to the wants of every gambler, I do play chance based games and I’m lucky sometimes, its very entertaining for me.

Of course you would really be needing to be serious for you to take advantage of the game and also with having proper knowledge and experience you could really able to play well unlike
when you do just play without even trying your best or being knowledeable.Each games in the market can really be identified out whether they are skill based or luck based
and choosing which one is depending on your own taste because not all would really be just the same in regarding with their own views.

[ipanks]

The goal is to win so even if you don't invite newbies, casinos will invest these newbies are their goal as well to multiply their customers. they will come and gamble whether skill base or chance-based casino games. Most newbies though will just go for the games like lottery and dice.

I have not played a live video poker casino actually and I'm not sure if I could trust this sort of a system. Behind what I could see from the camera is what I worry about here. It's the skills of the house that's scarier than the luck base games.

Those newbies will come to the casino without stop, especially if the casino uses a good promotion to attract people's attention to play gambling. Newbies will select the easiest gambling game to see their luck and if they win for some time, they will try the other games to check their luck.

Many gambling games you can try if you have not played live video poker casinos. I do not play on that game but I play dice or slots, which needs the luck to win.

Indeed. That's why experience is important, we can realize when to gamble and when to stop it. Sure, gambling isn't only to make money, even it is a bigger chance to lose money. A beginner probably doesn't know when he must stop it, he only thinks that one luck can recover all losses. While an experienced gambler, mostly has a limit to stop when it is likely to have a bad end. Or suddenly stop when the fund or time to play for a certain game is over already.

Unfortunately, not many beginners know when they must stop instead of playing the other games because they think they can win on the other game. That will not always be right because you still have a chance to win or lose, no matter the game. Yes, limiting the money and time will prevent the big loss, so we must remember that. It is not recommended to stop playing when the money is already gone.

[btc78]

either skilled based or chance based still both needs luck to win contentedly , we knew that skills can be adopted and applied in gambling(in some games of course)

i mostly playing in luck based gambling now like dice , roulette and slot machine since i limit my gambling activities nowadays and will only played with small amount and short time just to enjoy my games.

[bitgov]

We can't just rely only on lucks when it comes to card games but also it requires knowledge and skills as well. Maybe if we are in the lottery, that really it only needs luck in order to win but the rest will need both.
As a gambler, I choose those games that I already know, this was the advantage we have and our chances of winning are a little bit high than those who have less/nothing.

For relaxation, I prefer games of chance. Games that require skill have a significant drawback - it is very difficult to relax while playing them. The more money at stake, the higher the likelihood that you are playing with the most skilled opponent who treats this activity as making money, I do not want such stress when I need to rest.

For me they both are same way of climbing the same mountain i.e. losing the money (atleast for me). The irony of chance based game is that once you start you never stop unless you have nothing left in pocket. You start game for relaxation but you get anxiety n stress as you proceed.
These are just my two cents.

[Betwrong]

~

While it is true that newbies can experiment good luck during their first few sessions at the same time you are right on the sense that no one can really know when this is going to happen, after all that is what luck is about, it is completely unpredictable, however it is also known that there are discrepancies on the short term when it comes to the actual results you get versus the probabilities to win, however if the person keeps gambling then it becomes inevitable that the probabilities and your actual results eventually match each other.

Just to make it more clear to others: there is a possibility that newbies will experience good luck, but with the same probability they can experience bad luck as well. I hope you meant what I wrote, and you didn't mean to say that that nonsense regarding "newbies luck" has anything to do with reality.

~
there is what we called beginners luck and you believe on that didnt you ? obviously .
 i think your right with it because before when im new to gambling , i can win easily but later on i notice that winning is now getting harder  .  sometimes i think that the early wins are a bait for us to continue playing but some people will not try again after they win because they are scared to loose it . thats the mindset if your not a true gambler .

If it's a bait, then who exactly is doing this?  Who makes newbies win? The house? In what manner?

The truth is that such methods are only practised by scammers. It's not like it's an inherent part of any casino.

[KTChampions]

For relaxation, I prefer games of chance. Games that require skill have a significant drawback - it is very difficult to relax while playing them. The more money at stake, the higher the likelihood that you are playing with the most skilled opponent who treats this activity as making money, I do not want such stress when I need to rest.

For me they both are same way of climbing the same mountain i.e. losing the money (atleast for me). The irony of chance based game is that once you start you never stop unless you have nothing left in pocket. You start game for relaxation but you get anxiety n stress as you proceed.
These are just my two cents.

Same for me. I understand perfectly well that in 99.99% of games I will end up in the red, but that's okay. But when I lose dice I am calm because I understand the mathematical basis of the process, and when I lose to a live opponent I feel stress because it turns into something personal 
And I'm glad I don't have a problem to stop on time. I do not have such situations when I exceed the limit and remain without money.

[poldanmig]

either skilled based or chance based still both needs luck to win contentedly , we knew that skills can be adopted and applied in gambling(in some games of course)

i mostly playing in luck based gambling now like dice , roulette and slot machine since i limit my gambling activities nowadays and will only played with small amount and short time just to enjoy my games.

Skill is also an important part of gambling, in fact Without skills in gambling it will be very difficult to get a win like in a poker game, I think with expertise it can certainly produce consistent wins, but in my opinion skill does not apply at all  games, like dice games, slots and also some games that are indeed more based on an opportunity, slot and dice games basically only multiply opportunities and of course luck will greatly affect us in these games.

[khaled0111]

If it's a bait, then who exactly is doing this?  Who makes newbies win? The house? In what manner?

The truth is that such methods are only practised by scammers. It's not like it's an inherent part of any casino.

It's fairly easy to rig a game and we all know that this field is full of scammers. So, as long as we don't know what the casino' owners are doing behind the scene, we should never trust them and always verify everything. "Don't trust, verify!"
To mitigate this risk when playing against the house (dice, crash, slots...), only play provably fair games and verify each round result. When playing a PvP game, make sure you are playing against real players and not bots.

[Dragonfund]

Chance based for a beginner is a disaster waiting to happen, remember that beginner's luck can happen and we know what happens after that, losses after losses because they want to replicate their win, skill based should be the go to because you're more likely to win there since miracles don't happen often.

It can go either way, you don't have to be a beginner or an expert to experience such. Most gambling needs skill, but it's only logical that when a player wins a lottery, they tend to risk more in order to earn a higher return, with the exception of the sensible or cautious gambler.
If you lose $8 every day on a bet and then win $30k with a 1000 multiplier one day (this is just an example), there's a high probability you'll keep trying with that multiplier to strike another jackpot, whether you're a beginner or an expert.
Skill is required whether you are a beginner or an expert because it guides you through decision making and avoids making pointless judgments.

[Lanatsa]

If it's a bait, then who exactly is doing this?  Who makes newbies win? The house? In what manner?

The truth is that such methods are only practised by scammers. It's not like it's an inherent part of any casino.

It's fairly easy to rig a game and we all know that this field is full of scammers. So, as long as we don't know what the casino' owners are doing behind the scene, we should never trust them and always verify everything. "Don't trust, verify!"
To mitigate this risk when playing against the house (dice, crash, slots...), only play provably fair games and verify each round result. When playing a PvP game, make sure you are playing against real players and not bots.

We aren't really that dumb to dive in specially with new casino that been floating around which it is just normal that you would really be verifying everything before making any deposits but there are

really people who do easily go fooled despite of just needing up some common sense for you to do so.Luck based or Skill based games are always there and platforms been offering is something

should really be verified when it comes to legitimacy.

[kawetsriyanto]

Unfortunately, not many beginners know when they must stop instead of playing the other games because they think they can win on the other game. That will not always be right because you still have a chance to win or lose, no matter the game. Yes, limiting the money and time will prevent the big loss, so we must remember that. It is not recommended to stop playing when the money is already gone.

That's why I said, "a beginner probably doesn't know when he must stop it, he only thinks that one luck can recover all losses." Read again my comment above!! It is very clear, you must understand it well.

Yep. Many experienced gamblers who set limited funds to play, this way will be effective to avoid too many losses. This should be done because many of us cannot control ourselves when we are gambling, especially people who target to win or getting some money from gambling games. If they are not disciplined enough to limit the funds, then they probably end with huge losses.

[Russlenat]

If they are not disciplined enough to limit the funds, then they probably end with huge losses.

This is the reality, some of us do not see the risk in gambling and that made up being irresponsible gambling which is willing to risk everything instead of gambling only what we can afford to lose. Yes, they lose a lot of money and most of them learn it a hard way, and for me, I think it's better than ending up in the street because we lose our job and home because of gambling.

[johhnyUA]

Skills-based games are mostly PvP because a Casino with a House edge would always consider they win most of the time so it's quite hard to see skill-based games on House edge games unless the edge of playing poker against a casino is very high.

Poker has it's own "house of edge" - rake. So this is not the argument that "skill based games" is only PvP games.
But yeah, I can't imagine poker against casino, this is nonsense as for my imagination. We need always alive people to play with.

[Fatunad]

If they are not disciplined enough to limit the funds, then they probably end with huge losses.

This is the reality, some of us do not see the risk in gambling and that made up being irresponsible gambling which is willing to risk everything instead of gambling only what we can afford to lose. Yes, they lose a lot of money and most of them learn it a hard way, and for me, I think it's better than ending up in the street because we lose our job and home because of gambling.

Addiction is something that very common to happen when your dealing with gambling.It doesnt matter whether you do engage with luck based or skill based because everything could really be putting you in harm
if you dont know on how to handle up your finances thats why in general sense we should really be that responsible towards this activity or else you would be really be fucked up.
When it comes to choices of games then it would really be on someones interest and it isnt really bad to deal with if you do know on what you are doing.