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Author Topic: GAMBLING: Skill-based vs. Chance-based  (Read 2396 times)
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September 27, 2021, 10:56:29 AM
 #301

Many people experience losses just because they don't really understand gambling and just go along without having the basics or skills. so it should be underlined that not everyone can be so lucky to gamble if we don't have good skills or experience.


In most cases related to this, there are many gamblers who losses their money due to lack of understanding,

They mostly hoping for luck to back them up, which is no one can control about it. Some lose a huge amount
of money after continually playing.

You really need to work things out accordingly. Gambling can do harmed and not just a simple one but it can damage a huge
part of you, both with financial and emotional aspects




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September 27, 2021, 11:42:50 AM
 #302

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.

Sounds unrealistically to me, to be honest. Do you personally only play provably fair games and verify each round result? I seriously doubt that. Smiley

After all, gambling is supposed to be for fun, and there's not much fun in constant verifying. I think it's enough to check on the reputation of the site in the gambling community, and then if it's okay, you can play there without fearing to be scammed.

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September 27, 2021, 12:50:09 PM
 #303

I agree that we have our own preferences and choice if it's about gambling. We have differences and determining the type of game is easy. And as someone who has liked both types, we can just play whenever we want and just shift if we're not lucky with the other.
In some luck games, they'll apply their skill as they say but if you ask them what skill is that, they'll tell that it's just about martingale which we usually really hear and see from the others.

Most common from those gamblers who played luck based games,

martingale, reverse martingale or any other strategy that is based on the same concepts.
We do have differences as we wanted to try our luck when playing.

So as with skills based gambling, when you deal with it even you have good strategy
it's not guaranteed that you are capable of winning from time to time.

It's always depends on how you percepts and understand the concept of the game.
Too many strategies and the martingale is the one that's common for those lucky based games and that's really one being applied and even being spread on the web.
I've seen content creators and random videos that are talking about it and the comments that I've seen there are giving the strategy a credit but it's not really working for all.

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September 27, 2021, 12:57:15 PM
 #304

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.

Sounds unrealistically to me, to be honest. Do you personally only play provably fair games and verify each round result? I seriously doubt that. Smiley

After all, gambling is supposed to be for fun, and there's not much fun in constant verifying. I think it's enough to check on the reputation of the site in the gambling community, and then if it's okay, you can play there without fearing to be scammed.


I would not do that if it's in my case, it's time-consuming and it will just kill the excitement that I like to feel when gambling.

Thing is, if a gambling site is reputable, they would not attempt to cheat anyone or cheat even just in one roll because if they get caught, that would destroy their reputation and their business could go bankrupt, that's the big risk for one mistake.

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September 27, 2021, 09:49:33 PM
 #305

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.

Sounds unrealistically to me, to be honest. Do you personally only play provably fair games and verify each round result? I seriously doubt that. Smiley

After all, gambling is supposed to be for fun, and there's not much fun in constant verifying. I think it's enough to check on the reputation of the site in the gambling community, and then if it's okay, you can play there without fearing to be scammed.


I would not do that if it's in my case, it's time-consuming and it will just kill the excitement that I like to feel when gambling.

Thing is, if a gambling site is reputable, they would not attempt to cheat anyone or cheat even just in one roll because if they get caught, that would destroy their reputation and their business could go bankrupt, that's the big risk for one mistake.

Same here.

Verifying every bets is crazy. Is there a person who really do that? Just choose reputable site and trust them as building a reputation is hard that unlikely they won't do some cheating. For average gamblers too, they don't know how to verify results since they just want to play.

If lose, don't think there's a cheat. That's why they called chanced-based or luck-games.
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September 27, 2021, 09:54:12 PM
 #306

I think that gambling based on chance is more reliable and easier for beginners like me too. skill-based gambling is difficult, especially for me, who is still a beginner. Gambling does not only rely on luck but also requires skill in it and that is a difficult thing. need knowledge and also practice often so that we also have a lot of experience. Many people experience losses just because they don't really understand gambling and just go along without having the basics or skills. so it should be underlined that not everyone can be so lucky to gamble if we don't have good skills or experience.
It is difficult if you don't know the game and I suggest not to gamble if you don't know the game of familiarizing it.
For example, you are not familiar with poker which is mixed that based on skills and base on chance, if you don't have an idea of how to play, it will always end up losing. Not like if you know how to play with it, there is a chance that you will win or avoid a long losing streak. Based on chance/luck games are also very easy, dice and roulette even a kid will do this.

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September 27, 2021, 09:55:58 PM
 #307

It's been a while since I read this topic and I found this list very interesting!!

How I like gambling to enjoy my free time. I believe it's valid to bet on games that involve skill, as unfortunately I'm not lucky for anything in my life lol!

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September 27, 2021, 10:14:00 PM
 #308

It's been a while since I read this topic and I found this list very interesting!!

How I like gambling to enjoy my free time. I believe it's valid to bet on games that involve skill, as unfortunately I'm not lucky for anything in my life lol!
Many people think in the same way as you but I'm not sure it's the most efficient way of thinking about the matter. Skilled games where you can earn money are usually occupied by the most skilled guys, then your chances of winning are in reality mostly smaller than the ones you would have at a random game of chance.

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September 27, 2021, 10:31:31 PM
 #309

It's been a while since I read this topic and I found this list very interesting!!

How I like gambling to enjoy my free time. I believe it's valid to bet on games that involve skill, as unfortunately I'm not lucky for anything in my life lol!

In the end, everyone has their own preferences. If you think you are not comfortable with either of them, don't force yourself to play on that. I do like skill-based games but it doesn't mean I won't try those luck-based. In my history of betting on luck-based, there are numerous times that I won a good amount. I like to have the experience again that's why occasionally, I do bet on casino games especially slots, and rely on my luck on that session will come to me.
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September 27, 2021, 11:41:38 PM
 #310

No, some people are just responsible enough, they understand the risk and their chances of winning in gambling before they start the actual gambling, so they are not facing a problem like an addiction.
Yep, that's true. Not all gamblers become addicts, some can avoid addiction by applying proper strategies. One of the examples is to limit the funds, that's one of my preventive ways to be not an addict. Maybe it cannot work for other gamblers, but it is an effective way for me. We know the chance to win isn't so big in gambling, so no need to push us using money in a certain game. Also, limit the time to play that game, so we don't use too much time on that game. It is a good way to avoid addiction, IMO.


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September 27, 2021, 11:47:32 PM
 #311

It's been a while since I read this topic and I found this list very interesting!!

How I like gambling to enjoy my free time. I believe it's valid to bet on games that involve skill, as unfortunately I'm not lucky for anything in my life lol!

Don't think about that you are not lucky for anything. Not encouraging you to test a luck-based games but you can test playing at casino games for a small amount just for experience. A minimum bet is sometimes playing at $0.2. If you have a bankroll of $50, that's a long-time playing already. For $0.2, you can hit a good reward up to $50-$100 if the said casino offers a big multipliers and lots of free spins. If I have a time, I will browse some Stake.com casinos where your minimum bet can get a good multiplier. But don't forget it's gambling. Just giving you some preview playing in a luck-based games.

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September 27, 2021, 11:50:52 PM
 #312

No, some people are just responsible enough, they understand the risk and their chances of winning in gambling before they start the actual gambling, so they are not facing a problem like an addiction.
Yep, that's true. Not all gamblers become addicts, some can avoid addiction by applying proper strategies. One of the examples is to limit the funds, that's one of my preventive ways to be not an addict. Maybe it cannot work for other gamblers, but it is an effective way for me. We know the chance to win isn't so big in gambling, so no need to push us using money in a certain game. Also, limit the time to play that game, so we don't use too much time on that game. It is a good way to avoid addiction, IMO.
I'm not sure about that because the best way to avoid addiction in my opinion is to lose money. People usually only start to understand they're addicted when they encounter big losses or long losing streaks. Then if you are limiting your losses, you'll always still be able to gamble and you will continue.

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September 27, 2021, 11:55:40 PM
 #313

I'm not sure about that because the best way to avoid addiction in my opinion is to lose money. People usually only start to understand they're addict when they encounter big losses or long losing streaks. Then if you are limiting your losses, you'll always still be able to gamble and you will continue.
Read carefully my comment above, what I said was "one of the ways", NOT the best way. I also state that it is my own way to avoid addictions, not recommended to all gamblers. Sure each gambler has their own ways, so which one is the best depends on the gambler. Limiting funds is also not a must to do, I have many times stating that it is one of the possible ways to apply. So, it is a choice, not something a must!!


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September 27, 2021, 11:57:02 PM
 #314

No, some people are just responsible enough, they understand the risk and their chances of winning in gambling before they start the actual gambling, so they are not facing a problem like an addiction.
Yep, that's true. Not all gamblers become addicts, some can avoid addiction by applying proper strategies. One of the examples is to limit the funds, that's one of my preventive ways to be not an addict. Maybe it cannot work for other gamblers, but it is an effective way for me. We know the chance to win isn't so big in gambling, so no need to push us using money in a certain game. Also, limit the time to play that game, so we don't use too much time on that game. It is a good way to avoid addiction, IMO.
I'm not sure about that because the best way to avoid addiction in my opinion is to lose money. People usually only start to understand they're addicted when they encounter big losses or long losing streaks. Then if you are limiting your losses, you'll always still be able to gamble and you will continue.

You are right there. I even pointed that gamblers will just learn if they will lose big. That's the moment they will realize that something not right is happening and that will be the gateway for them to understand what's going in. It also has a good result as while gamblers are continuously losing, they will be more responsible to avoid it and will try to minimize their losses as best as they can. That's where being a responsible gambler starts.

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September 28, 2021, 01:44:51 AM
 #315

It's been a while since I read this topic and I found this list very interesting!!

How I like gambling to enjoy my free time. I believe it's valid to bet on games that involve skill, as unfortunately I'm not lucky for anything in my life lol!
Many people think in the same way as you but I'm not sure it's the most efficient way of thinking about the matter. Skilled games where you can earn money are usually occupied by the most skilled guys, then your chances of winning are in reality mostly smaller than the ones you would have at a random game of chance.
The point is that it all depends on luck or is driven by each other's luck. Although it is true that sometimes skill can trigger winning, but still in general, everything that smells of gambling is driven by luck. It's just that the difference between the two is in the game system and what is prepared to trigger our luck.
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September 28, 2021, 07:46:44 AM
 #316

It's been a while since I read this topic and I found this list very interesting!!

How I like gambling to enjoy my free time. I believe it's valid to bet on games that involve skill, as unfortunately I'm not lucky for anything in my life lol!
Maybe you are not lucky in gambling but I am sure you are lucky in other things. No need to feel sad if you are not lucky in gambling because gambling is just for fun and as long as you can enjoy your free time, that will not be a problem but you still need to manage your money. I do not have big luck in gambling because it is not easy to have control when playing the game. But I can still enjoy the game so maybe we do not have to think about winning and only search for fun.



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Lucasgabd
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September 28, 2021, 12:16:29 PM
 #317

It's been a while since I read this topic and I found this list very interesting!!

How I like gambling to enjoy my free time. I believe it's valid to bet on games that involve skill, as unfortunately I'm not lucky for anything in my life lol!
Maybe you are not lucky in gambling but I am sure you are lucky in other things. No need to feel sad if you are not lucky in gambling because gambling is just for fun and as long as you can enjoy your free time, that will not be a problem but you still need to manage your money. I do not have big luck in gambling because it is not easy to have control when playing the game. But I can still enjoy the game so maybe we do not have to think about winning and only search for fun.

what if luck is just randomness interpreted in a biased way by us?
also, as the ocean, sometimes the tide is high and sometimes is not

I see luck like that, so even  @gagux123 can get luck at some point

related:
https://www.wealest.com/articles/four-kinds-of-luck

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September 28, 2021, 01:19:32 PM
 #318

what if luck is just randomness interpreted in a biased way by us?
also, as the ocean, sometimes the tide is high and sometimes is not

I see luck like that, so even  @gagux123 can get luck at some point

related:
https://www.wealest.com/articles/four-kinds-of-luck

I think that nowadays big wins like Jackpot are most likely called luck, usually this is a huge amount compared to the average player's spending on gambling. And unluck is too long a series of losses with good chances (even 50/50), for example, if a person from time to time bets on his favorite team and after that it always loses, then he calls himself unlucky.

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Silberman
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September 28, 2021, 04:31:00 PM
 #319

To make things clear, When the player plays against the house, like in slot machines, the game is considered a chance game. When a player competes against other players, though, it is considered a skill game. A player can tell if a game is skill-based if it combines statistics or math skills or techniques.
This is not really accurate, regardless of who you are playing against as the name implies a skill-based game is one where you skill has an effect on the outcome of the game itself regardless of how much luck its inherent to the game, for example poker and blackjack are two examples of skill-based games in which your skill has a great effect on whether or not you can win but the main difference is that in the case of poker you are playing against other people while in the case of blackjack you are actually playing against the house.
Lucasgabd
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September 28, 2021, 09:24:48 PM
 #320

what if luck is just randomness interpreted in a biased way by us?
also, as the ocean, sometimes the tide is high and sometimes is not

I see luck like that, so even  @gagux123 can get luck at some point

related:
https://www.wealest.com/articles/four-kinds-of-luck

I think that nowadays big wins like Jackpot are most likely called luck, usually this is a huge amount compared to the average player's spending on gambling. And unluck is too long a series of losses with good chances (even 50/50), for example, if a person from time to time bets on his favorite team and after that it always loses, then he calls himself unlucky.

yes, makes sense, I was just playing the contrarian a bit
not sure what my opinions are on luck/no luck
when it comes to blind luck

I really prefer to organize my life in a way the I have luck type 2, 3 and 4 more often, and if type 1 comes, well, I won't deny it.

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