GAMBLING: Skill-based vs. Chance-based

[DarkDays]

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+%.

I'd say Poker is best if you're into Skill based gambling.
Also, there are this hand sign game where u go player vs player and select a hand from Rock, Paper, or Scissor and the best one wins, I could be totally random but if you can read the opponent correctly after a few games then it's quite skilled to win

definitely, for skill based games Poker is one of the best in terms of gambling
I'd say it is the 'chess' of gambling options

Must agree, unlike many other games Poker is the rarest one where one can use their skills to increase their winning chances.

Of course, this is assuming that the system is fair and transparent! Usually, it is easier when playing in a group as opposed to playing against the system directly.

In any case though, gambling doesn't often combine skill but there can be a tiny exception (as mentioned above) which some users just take for granted, but hey it is all a matter of tries right?

[1714726679]

1714726679

[1714726679]

1714726679

[1714726679]

1714726679

[1714726679]

1714726679

[khaled0111]

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

Sorry for the late reply, I just received the notification about your comment.
Yes, I only play provably fair games. There is a provably fair version for every game am interested in, so it's not really a problem.
Checking the fairness of each round is not as hard or time consuming as you might think. Because you don't verify each bet individually, but you verify all the session's bets at once and it takes only few seconds.  

[KTChampions]

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.

Despite knowing the fact that we will end up in loss 99.9% of the games we played we still opt to take chance and lose money.  
I do gambling with certain amount and once its gone I prefer to quit the casino with my favorite drink in hand that helps me in over coming the anxiety caused by the gambling. Though there are many gamblers that take huge cash from same casino.

When you say "take" do you mean win? Probably, after all, the sums are not so huge, otherwise they would have simply ceased to be allowed there  
I did not play much in the casino and I cannot say that I experienced any special emotions winning/losing (the amounts were small), but for example, when I place bets on sports competitions, even with the minimum bet, when watching this competition, my emotions sometimes go off scale, so yes favorite drink is good way to relax.

[boyptc]

That's true.

Demo is just a trial and nothing to be excited about.

The thrill is with real betting and your money is on it and that's why you have to be good if you're playing skilled games or take your chance and see if you're lucky if its the other game.

While demo version of games may seem like just a 'trial version', but for skill-based games, it actually hones your skills literally, so you can't belittle those demo versions, of course, there is no thrill considering you don't have anything in stake or at risk when playing demo versions, and you also gain knowledge at it while risking nothing, although, demo versions tend to give you much more consideration to the game or the difficulty usually is easier than the real game (based on my experience on some games, at least), when you're money is really at stake.

That's the purpose of it.

That's why they're putting a demo or trial version for everyone to try out and they can have an idea how to improve themselves on it.

Much better if there's no time limit or balance.

[samcrypto]

That's true.

Demo is just a trial and nothing to be excited about.

The thrill is with real betting and your money is on it and that's why you have to be good if you're playing skilled games or take your chance and see if you're lucky if its the other game.

While demo version of games may seem like just a 'trial version', but for skill-based games, it actually hones your skills literally, so you can't belittle those demo versions, of course, there is no thrill considering you don't have anything in stake or at risk when playing demo versions, and you also gain knowledge at it while risking nothing, although, demo versions tend to give you much more consideration to the game or the difficulty usually is easier than the real game (based on my experience on some games, at least), when you're money is really at stake.

That's the purpose of it.

That's why they're putting a demo or trial version for everyone to try out and they can have an idea how to improve themselves on it.

Much better if there's no time limit or balance.

Though the trial games are quiet lag most of the time, I agree that its purpose is to give you knowledge about the games and how you can win on that game, mostly slots game have this feature. Skill based games required your total effort on learning the process, trial games might not be enough for you to learn since the actual always give the best experience. I’m also more into chance based games like slots and dice game, I find this one simple and profit is really possible.

[boyptc]

That's true.

Demo is just a trial and nothing to be excited about.

The thrill is with real betting and your money is on it and that's why you have to be good if you're playing skilled games or take your chance and see if you're lucky if its the other game.

While demo version of games may seem like just a 'trial version', but for skill-based games, it actually hones your skills literally, so you can't belittle those demo versions, of course, there is no thrill considering you don't have anything in stake or at risk when playing demo versions, and you also gain knowledge at it while risking nothing, although, demo versions tend to give you much more consideration to the game or the difficulty usually is easier than the real game (based on my experience on some games, at least), when you're money is really at stake.

That's the purpose of it.

That's why they're putting a demo or trial version for everyone to try out and they can have an idea how to improve themselves on it.

Much better if there's no time limit or balance.

Though the trial games are quiet lag most of the time, I agree that its purpose is to give you knowledge about the games and how you can win on that game, mostly slots game have this feature. Skill based games required your total effort on learning the process, trial games might not be enough for you to learn since the actual always give the best experience. I’m also more into chance based games like slots and dice game, I find this one simple and profit is really possible.

Can't complain about it if it's lag or not.

There's already the trial so there's no complain from me but maybe you can suggest that to the casino that you've experienced lagging.

So they will improve it.

[Woodie]

Interesting write up but why is sportsbetting not in both categories of chance based and skill based?? When you say chance based I want to believe you are talking about gaming with nothing less than luck??

It would also be nice to see which of the strategies would leave  a gambler walking our with profit and not empty pockets because when it comes to gambling  no matter how skilled you are you are likely to lose your money to the house.

[agustina2]

Interesting write up but why is sportsbetting not in both categories of chance based and skill based?? When you say chance based I want to believe you are talking about gaming with nothing less than luck??

Try to read again the first post. Sports betting was of course categorized as skill-based.

When you say chance based I want to believe you are talking about gaming with nothing less than luck??

You are correct there. Chance based = luck-based

No strategy is involved. Just wait if lucks hits you.

It would also be nice to see which of the strategies would leave  a gambler walking our with profit and not empty pockets because when it comes to gambling  no matter how skilled you are you are likely to lose your money to the house.

You can't defeat a house that's for sure but there are lots of gamblers who already won the big jackpots playing at luck-based games. The same goes for skill-based. But to summarize, that was gambling and there's no assurance if a gambler will win big or lose regardless of what type of games they played.

[kawetsriyanto]

Gambling is simple if you don't chase profit from it.

Unfortunately, it is not as simple as we assume. Most people target profits (money) when they are starting to gamble. You must realize that people come to gambling sites mostly for money, only a few people who gamble for fun only. I have some friends who play gambling regularly, and none of them who play for fun only.

[MCobian]

Gambling is simple if you don't chase profit from it.

Unfortunately, it is not as simple as we assume. Most people target profits (money) when they are starting to gamble. You must realize that people come to gambling sites mostly for money, only a few people who gamble for fun only. I have some friends who play gambling regularly, and none of them who play for fun only.

Indeed, the reality is that more people play gambling because they really want to make a profit, there are even some people who think that
playing gambling is an instant way to get rich. So it's not surprising that many people end up addicted, that's why playing gambling is not
as simple as we imagine. We sometimes have to control ourselves when gambling, because it is not easy to control ourselves when playing gambling,
especially when we experience losses. Always comes to mind to cover the losses that we experience and that is the beginning of the problem.

[chaser15]

Gambling is simple if you don't chase profit from it.

Unfortunately, it is not as simple as we assume. Most people target profits (money) when they are starting to gamble. You must realize that people come to gambling sites mostly for money, only a few people who gamble for fun only. I have some friends who play gambling regularly, and none of them who play for fun only.

I don't understand. We gamble because we are expecting something in return. Therefore, we are chasing profits.

Playing for fun? It's more fun when winning. That's my always goal and I'm not playing gambling just to have simple fun and just let go of my money without doing anything. Don't just treat gambling for fun. It's not fun to lose even you afford to lose that amount.

[AmoreJaz]

Interesting write up but why is sportsbetting not in both categories of chance based and skill based?? When you say chance based I want to believe you are talking about gaming with nothing less than luck??

Try to read again the first post. Sports betting was of course categorized as skill-based.

When you say chance based I want to believe you are talking about gaming with nothing less than luck??

You are correct there. Chance based = luck-based

No strategy is involved. Just wait if lucks hits you.

It would also be nice to see which of the strategies would leave  a gambler walking our with profit and not empty pockets because when it comes to gambling  no matter how skilled you are you are likely to lose your money to the house.

You can't defeat a house that's for sure but there are lots of gamblers who already won the big jackpots playing at luck-based games. The same goes for skill-based. But to summarize, that was gambling and there's no assurance if a gambler will win big or lose regardless of what type of games they played.

sportsbetting is considered to be skill-based because if you have good knowledge with sports, like if you live and breath that particular sports, your chance of winning is high. that means it is more on skill-based though luck is still  part of this game. you have high probability to predict the outcome if you are well informed on the particular sports.
whereas, luck-based games, it really relies on your chances. even if you apply strategies like martingale, still it is your luck that will give your chance of winnings.

[michellee]

Gambling is simple if you don't chase profit from it.

Unfortunately, it is not as simple as we assume. Most people target profits (money) when they are starting to gamble. You must realize that people come to gambling sites mostly for money, only a few people who gamble for fun only. I have some friends who play gambling regularly, and none of them who play for fun only.

Indeed, the reality is that more people play gambling because they really want to make a profit, there are even some people who think that
playing gambling is an instant way to get rich. So it's not surprising that many people end up addicted, that's why playing gambling is not
as simple as we imagine. We sometimes have to control ourselves when gambling, because it is not easy to control ourselves when playing gambling,
especially when we experience losses. Always comes to mind to cover the losses that we experience and that is the beginning of the problem.

If they think that playing gambling is an instant way to get rich, they are not fully wrong because we can see that some people can have their luck to win big money in some gambling games. But that will not work for most gamblers because that will depend on how good their luck is. The number of people who become addicted is also increasing because they think that playing gambling does not need much to prepare, so they still play even if they already lose their money. If they lose in the chance-based gambling games, they will try playing skills-based gambling games because who knows, they can win some money and recover their loss.

[KTChampions]

Interesting write up but why is sportsbetting not in both categories of chance based and skill based?? When you say chance based I want to believe you are talking about gaming with nothing less than luck??
~

There are many sports forecasting competitions (where points are awarded for correctly guessed results) and this is separate from gambling.
Betting where there is a bookmaker is pure gambling, since the bookmaker always has an advantage and even if you predict better than his team of analysts at a distance, you will lose due to the fact that the results in sports have a random component, but the bookmaker's advantage is constant.

[Peanutswar]

Agree, as you can see that there are professional gamblers that at rich now and also earning big from playing gambling . Though i am not fun in the gambling but i am really amazed about this since they are really earning big, as my self i thought that gambling is all about luck but there are games that bases the skills and also with luck. I do play gambling but it is for only fun and also only those simple ones since i cant really understand those complicated card games.

Gambling is simple if you don't chase profit from it. You can make yourself feel happier while gambling but you will only feel it when you are at the table not on the gambling platform. Things will change when money becomes the main reason why someone should gamble regardless of whether they have the skills or just rely on luck. Now the choice is up to each of you, have fun or make money. I'm on the second choice.

lmao, that's my 2nd time explaining this.

It's easy said than done that people won't chase their losses. I've seen people saying they won't but at the moment they set aside their past commitments and goes on a huge losing streak after continuing to chase the losses...
That sucks for them tbh.

Its too hard to tell to the gambler player who losses a lot because this time its the part of the mental state of the person to keep playing or not. There's a chance they want to urge more to play because they lose a lot and the only chance to bring back all of those losses is to play another round of gamble. In some instances, some of them want to stop and try again with another day because they think they cannot good to earn profit. Once negative ambiance comes up there's a probability to have a dilemma.

[john_nautica]

For me all gambling games were all risky whether it's skill-based or chance-based, the difference between skill-based and chance-based is you will not see the win probability in skill-based and in chance-based you can see but both are just the same but I think sports betting is much popular but very prone to fix games or cheating.

[ShowOff]

lmao, that's my 2nd time explaining this.

It's easy said than done that people won't chase their losses. I've seen people saying they won't but at the moment they set aside their past commitments and goes on a huge losing streak after continuing to chase the losses...
That sucks for them tbh.

Yes, I know it. But I don't think that's the crux of the matter because basically every gambler should gamble responsibly whether they want to make a profit or for fun as the goal.

Unfortunately, it is not as simple as we assume. Most people target profits (money) when they are starting to gamble. You must realize that people come to gambling sites mostly for money, only a few people who gamble for fun only. I have some friends who play gambling regularly, and none of them who play for fun only.

You are not wrong because I know that what you are describing is a fact of gambling and gamblers. I realized that I also feel the same way about gambling so I understand enough and how to position myself and my gambling desires so as not to cause a lot of problems, especially for finance.

Skills in gambling may be able to help gamblers to benefit from the games they are good at. But still I'm not sure that gambling will be worth it as a job that can help them earn money in the long term.

[Silberman]

Agree, as you can see that there are professional gamblers that at rich now and also earning big from playing gambling . Though i am not fun in the gambling but i am really amazed about this since they are really earning big, as my self i thought that gambling is all about luck but there are games that bases the skills and also with luck. I do play gambling but it is for only fun and also only those simple ones since i cant really understand those complicated card games.

Gambling is simple if you don't chase profit from it. You can make yourself feel happier while gambling but you will only feel it when you are at the table not on the gambling platform. Things will change when money becomes the main reason why someone should gamble regardless of whether they have the skills or just rely on luck. Now the choice is up to each of you, have fun or make money. I'm on the second choice.

lmao, that's my 2nd time explaining this.

It's easy said than done that people won't chase their losses. I've seen people saying they won't but at the moment they set aside their past commitments and goes on a huge losing streak after continuing to chase the losses...
That sucks for them tbh.

And unfortunately this is the truth, even if a person is not gambling to make profits and they just want to get fun at the same time it is impossible to not keep count of how much money you have lost in the session and how many times you have lost in a row, after all we know that once your money runs out you cannot gamble anymore, so when luck does not play in our favor and the session has been going badly for some time it is very easy to turn from a gambler that just wants to get some fun to someone that chases their losses.

[Peanutswar]

For me all gambling games were all risky whether it's skill-based or chance-based, the difference between skill-based and chance-based is you will not see the win probability in skill-based and in chance-based you can see but both are just the same but I think sports betting is much popular but very prone to fix games or cheating.

Gambling is already a risk game because it's a high-risk reward some people want to play with the chance game because the odds is so low but the profit or the reward is so high some of them chilling just pull the lever or click the button and wait for their profit, some people use their talent and skills to use in a skill base game like the table top games, even in e-sports and sports betting all you need is to identify the skill base of the player and the team itself and easy to predict the match winners.

[Dragonfund]

Gambling is simple if you don't chase profit from it.

If it's that simple, I will be the one making testimonies and reviews on my past experience since I'm still new to this, even the experienced ones make loss sometimes talk more of the newbie, it's not simple to me but perhaps you are good in your own style.
What's the purpose of gambling if you aren't rolling dice and spinning for the jackpot, this is the first time I have seen where a user isn't gambling for profit perhaps you enjoyed playing and losing.

Skill base with opponents still remains the most preferred option that any one would want to go with, playing against house is 50:50 chance even if you are well skilled.