GAMBLING: Skill-based vs. Chance-based

[Betwrong]

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

They say poker is 100% game of skill in the long run, but since "in the long" is not defined, it could mean hundreds of years and a bankroll of billions USD. So, in reality, I wouldn't call poker a game of pure skill, but I wouldn't go so far to say that luck has 80% and skill has 20%, like some poker players are saying. Imo, the truth is somewhere in the middle: 60% skill, and 40% luck.

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[ethereumhunter]

Some people will prefer to select skilled-based gambling games as they know more about them than other gambling games. Besides that, they think they will have many chances to win on that skill-based because they already know how to do with the games and try to win. At least, if they can learn more details about the game from many lessons, they can increase their chances to win. But we know that both skilled-based and chances-based have a risk and we should know to prevent the big risk.

Honestly, there's no such thing as "skill-based" gambling games, it's still dependent on your luck imo. If they were looking for something they can win by having more knowledge about it, gambling isn't the game for them. Yes, I know what skill-based gambling games are, but those are still called "gambling" games, see my point? They might just be better off playing games like Hearthstone and participating in tournaments and the like.

They use their knowledge to choose the right team/player/things to bet so they call skill-based gambling games. Like sports betting, they use their analysis to determine which team or player has a big chance to beat their opponent and win. But those gamblers need to know that all will depend on their luck because we do not know what will happen in the middle of the match. The position can replace and the opponent can push their favorite team or player until he surrenders.

[Silberman]

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

But if you are only a beginner, I think the chance-based gambling would be suitable 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-based gambling soon.

Since I dont great in any skill-based gambling games, I just play with my luck like dice and slot machine games. For an example dice, when I play the game I did it with auto feature which make me can play in many different sites and ofc I can leave it for some minutes instead when I played skill-based games.

Each person is going to have their own likes and dislikes when it comes to the games they are attracted to, personally I prefer skill based games even if I am not great at them either, the fact that you have to think about each one of your moves makes the game more meaningful to me compared to the alternative that I have on playing luck based games in which the only thing you need to do is to make a click and that is more than enough for you to win or lose.

[Raflesia]

They use their knowledge to choose the right team/player/things to bet so they call skill-based gambling games. Like sports betting, they use their analysis to determine which team or player has a big chance to beat their opponent and win. But those gamblers need to know that all will depend on their luck because we do not know what will happen in the middle of the match. The position can replace and the opponent can push their favorite team or player until he surrenders.

I know in gambling games it is luck if you win, but for them of course that skill is really needed to keep win and also have a good chance. I always do skills by looking at all the details beforehand before I bet on the team that will be bet on, therefore skills and opportunities are the same that must be combined in gambling.

What I do when playing gambling, I always apply my skills, even though it's 70% luck but at least we shouldn't be careless in gambling but with tactics it is necessary.

[blockman]

What I do when playing gambling, I always apply my skills, even though it's 70% luck but at least we shouldn't be careless in gambling but with tactics it is necessary.

If you're careless enough and you allow yourself to be freely losing without doing anything to defend with your money, you're just good as just giving it to the house.
The reason why we're gambling is for different reasons and you have to be serious in all manner whether you do it for fun as it's attached to it and when you lose, you'll just have to think of it that you're enjoying as a relief.

[Raflesia]

What I do when playing gambling, I always apply my skills, even though it's 70% luck but at least we shouldn't be careless in gambling but with tactics it is necessary.

If you're careless enough and you allow yourself to be freely losing without doing anything to defend with your money, you're just good as just giving it to the house.
The reason why we're gambling is for different reasons and you have to be serious in all manner whether you do it for fun as it's attached to it and when you lose, you'll just have to think of it that you're enjoying as a relief.

I enjoy gambling games but not being careless and I always do what I can to just keep the money so I don't lose big, but in reality it's for fun.
But this different and permanent way will stick with me about gambling, but throughout my travels on gambling forums I have understood a little about how skill-based it really is and we still need it in every game.
When there is an opportunity it must be distinguished because all will know in every gambling there must be a big opportunity.
Even if it's not her full hope.

[finaleshot2016]

What I do when playing gambling, I always apply my skills, even though it's 70% luck but at least we shouldn't be careless in gambling but with tactics it is necessary.

If you're careless enough and you allow yourself to be freely losing without doing anything to defend with your money, you're just good as just giving it to the house.
The reason why we're gambling is for different reasons and you have to be serious in all manner whether you do it for fun as it's attached to it and when you lose, you'll just have to think of it that you're enjoying as a relief.

Being careless also means that you don't care about your money and it's really just pure entertainment for you but if you're careless enough in gambling, then the chance of losing a lot of money will be lessened. The reason why we are playing gambling should not be all about getting profits and such, it should be for the sake of enjoyment but we can't really disregard the fact that we can double our money in an instant that's why we are gambling, even if we apply our skills, it's not guaranteed for a sure win., luck still prevails.

[Fortify]

Updated 05-27-2020
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.
Poker
Blackjack
Pai Gow
Texas Shootout
Horse Race Betting
Sports Betting
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 machines.
Casino games:

Slot machines
Progressive bonuses
Bingo
Roulette
Sic Bo
Baccarat

Lottery products:
50/50 raffles
Pull-tabs
Scratch’n win tickets
6/49
BC/49
Lotto Max
Keno
Pacific Hold’em
Source: https://www.bcresponsiblegambling.ca/understanding-gambling/types-gambling
For me, I will choose the skill-based gambling because I am not hoping for the luck of life, I want to take action to make my life great. It is still better to think logically and analytically at any time.

But if you are only a beginner, I think the chance-based gambling would be suitable 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-based gambling soon.

If you are going too define it as skill based (and I'm not sure it is exactly) then you should supplement Horse-racing for all sports betting. If your suggestion is that somebody is able to get an advantage over "the house" in one sport, thereby beating all the statistical analysis that these gambling companies have access to, then it should not be limited to horses. In fact, I would say that horse racing is a long stretch more unpredictable than football betting for example - the favorites often lose or come in a random position. If horse racing is only to be included, why would you ignore greyhound racing? Which is pretty much identical in that you are make predictions on the performance of an animal.

[izsara]

Actually both are dangerous (skilled-based and luck-based), the only way to minimize or manage the risk is if you gamble responsibly, no one would survive if they are no responsible as in gambling, you can easily loss all your money and even the money that you are not suppose to gamble.

This is something that all gamblers need to be aware of.
but sometimes things like this are only owned by a small number of gamblers, because basically when they have plunged into gambling, I don't think some people will think about it anymore, because what they think is the ambition to win gambling.
Although it sounds very easy when you say you have to be a wise person and not be provoked by greed, it is actually a very difficult thing to do.

[TheEconomists]

I believe whether skill-based it is all the game of chance and one should not think she or he is skilled enough not to loose money in playing gambling. All gambling is a game of chance in my opinion and the analysis provided above by op may just be theatrical even crypto currency trading that is purely skill-based in some situation maybe seen as a game of chance.

[qwertyup23]

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

They say poker is 100% game of skill in the long run, but since "in the long" is not defined, it could mean hundreds of years and a bankroll of billions USD. So, in reality, I wouldn't call poker a game of pure skill, but I wouldn't go so far to say that luck has 80% and skill has 20%, like some poker players are saying. Imo, the truth is somewhere in the middle: 60% skill, and 40% luck.

I think poker is a game of luck due to the odds of the cards you receive and the pool where you pair them.

What separates poker from almost all of the card games is that- there is an element of skill in terms of predicting and/or speculating the cards of other players that would render you to either fight or pass on the current round. Almost all players rely on external factors in knowing if a person is bluffing or not- while players like Negraneu have this gifted natural talent of speculating.

[ReiMomo]

I believe whether skill-based it is all the game of chance and one should not think she or he is skilled enough not to loose money in playing gambling. All gambling is a game of chance in my opinion and the analysis provided above by op may just be theatrical even crypto currency trading that is purely skill-based in some situation maybe seen as a game of chance.

Besides the chance, its must that at least one should have enough knowledge in playing the game to avoid loosing lots of amount. Yes, chance do play an important role, however unless and until you are aware of what you playing and how you playing it, there are times, we may loose the chance to win. So chance or luck alone, wont help. It will often lead to loose more. So knowledge on what we are playing will support us to win the game.

[dunfida]

I believe whether skill-based it is all the game of chance and one should not think she or he is skilled enough not to loose money in playing gambling. All gambling is a game of chance in my opinion and the analysis provided above by op may just be theatrical even crypto currency trading that is purely skill-based in some situation maybe seen as a game of chance.

Besides the chance, its must that at least one should have enough knowledge in playing the game to avoid loosing lots of amount. Yes, chance do play an important role, however unless and until you are aware of what you playing and how you playing it, there are times, we may loose the chance to win. So chance or luck alone, wont help. It will often lead to loose more. So knowledge on what we are playing will support us to win the game.

Just dumb that you would play into something like strategic kind of games without having any idea? Playing the game alone wont really be that possible with just the basics.
You would need to be smart and at least does have experience.

Whenever you do deal up with things then it is just understandable that you would really be needing for you to know on how it works.

People does have different preference thats why we do really end up on various choices depending on our interest.

[nelson4lov]

I believe whether skill-based it is all the game of chance and one should not think she or he is skilled enough not to loose money in playing gambling. All gambling is a game of chance in my opinion and the analysis provided above by op may just be theatrical even crypto currency trading that is purely skill-based in some situation maybe seen as a game of chance.

Gambling is a game of chance/luck  similar to normal gaming. The only thing is that being skilled increases your chances to win at those games but it tend to lean towards luck compared to skill. I've seen players will a small level of experience win good amount of money simply based on luck not like they were expert players or experienced ones.

[seleme]

I believe whether skill-based it is all the game of chance and one should not think she or he is skilled enough not to loose money in playing gambling. All gambling is a game of chance in my opinion and the analysis provided above by op may just be theatrical even crypto currency trading that is purely skill-based in some situation maybe seen as a game of chance.

Gambling is a game of chance/luck  similar to normal gaming. The only thing is that being skilled increases your chances to win at those games but it tend to lean towards luck compared to skill. I've seen players will a small level of experience win good amount of money simply based on luck not like they were expert players or experienced ones.

Having a bit of luck is preferred by smart gamblers rather than having decent card games skills, I forgot how many times I lost the game due to 1 card, goal, corner, color. Lucky players can do just one shot and make money as much as the skilled gamblers do in an hour. I have got 10000x when I was a newbie on the Primedice but after getting experienced I don't do stupid high multi bets and I know the risk of catching the high multi. Nowadays betting on the low odds is better compared to experience-based skill games. Nowadays it is so stupid catching 1mlnx LIMBO bet, so we prefer to play safe rather than risking money on big multi.

[blockman]

What I do when playing gambling, I always apply my skills, even though it's 70% luck but at least we shouldn't be careless in gambling but with tactics it is necessary.

If you're careless enough and you allow yourself to be freely losing without doing anything to defend with your money, you're just good as just giving it to the house.
The reason why we're gambling is for different reasons and you have to be serious in all manner whether you do it for fun as it's attached to it and when you lose, you'll just have to think of it that you're enjoying as a relief.

Being careless also means that you don't care about your money and it's really just pure entertainment for you but if you're careless enough in gambling, then the chance of losing a lot of money will be lessened. The reason why we are playing gambling should not be all about getting profits and such, it should be for the sake of enjoyment but we can't really disregard the fact that we can double our money in an instant that's why we are gambling, even if we apply our skills, it's not guaranteed for a sure win., luck still prevails.

There are those people that can be categorized like that and they're just doing it for fun, truly. Well, I envy them if they can spend that much money and they have a huge budget that they can afford to lose and do that again as much as they can.
It's a combination of the two factors and if you're good at skill based, you can really make a lot if you formulate a strategy that can be made through it. You just need to be consistent and don't need to be greedy at all times so you stay in the game for so long.

[agustina2]

I believe whether skill-based it is all the game of chance and one should not think she or he is skilled enough not to loose money in playing gambling. All gambling is a game of chance in my opinion and the analysis provided above by op may just be theatrical even crypto currency trading that is purely skill-based in some situation maybe seen as a game of chance.

Gambling is a game of chance/luck  similar to normal gaming. The only thing is that being skilled increases your chances to win at those games but it tend to lean towards luck compared to skill. I've seen players will a small level of experience win good amount of money simply based on luck not like they were expert players or experienced ones.

That's why it's unfair at some case that those unexperienced ones hitting more money that experiences ones lol. 

I'm talking about at those chance-based. Maybe there are algorithm on the sites that newbies should win at their early bets to lure them more on playing the sites. Been experience winning too back in my newbie days at some slots. The winning experience makes me feel pumped and lures me to deposit more whenever I'm losing.

[Saint-loup]

What I do when playing gambling, I always apply my skills, even though it's 70% luck but at least we shouldn't be careless in gambling but with tactics it is necessary.

If you're careless enough and you allow yourself to be freely losing without doing anything to defend with your money, you're just good as just giving it to the house.
The reason why we're gambling is for different reasons and you have to be serious in all manner whether you do it for fun as it's attached to it and when you lose, you'll just have to think of it that you're enjoying as a relief.

Being careless also means that you don't care about your money and it's really just pure entertainment for you but if you're careless enough in gambling, then the chance of losing a lot of money will be lessened. The reason why we are playing gambling should not be all about getting profits and such, it should be for the sake of enjoyment but we can't really disregard the fact that we can double our money in an instant that's why we are gambling, even if we apply our skills, it's not guaranteed for a sure win., luck still prevails.

There are those people that can be categorized like that and they're just doing it for fun, truly. Well, I envy them if they can spend that much money and they have a huge budget that they can afford to lose and do that again as much as they can.
It's a combination of the two factors and if you're good at skill based, you can really make a lot if you formulate a strategy that can be made through it. You just need to be consistent and don't need to be greedy at all times so you stay in the game for so long.

You don't need to have a huge budget for that. You can also making it with a small budget if you have a good bankroll management, you just need to evaluate what are your real chances to win, what are the odds offered by the game and to choose the most suitable stake in relation to that.

[goinmerry]

I believe whether skill-based it is all the game of chance and one should not think she or he is skilled enough not to loose money in playing gambling. All gambling is a game of chance in my opinion and the analysis provided above by op may just be theatrical even crypto currency trading that is purely skill-based in some situation maybe seen as a game of chance.

Gambling is a game of chance/luck  similar to normal gaming. The only thing is that being skilled increases your chances to win at those games but it tend to lean towards luck compared to skill. I've seen players will a small level of experience win good amount of money simply based on luck not like they were expert players or experienced ones.

Having a bit of luck is preferred by smart gamblers rather than having decent card games skills, I forgot how many times I lost the game due to 1 card, goal, corner, color. Lucky players can do just one shot and make money as much as the skilled gamblers do in an hour. I have got 10000x when I was a newbie on the Primedice but after getting experienced I don't do stupid high multi bets and I know the risk of catching the high multi. Nowadays betting on the low odds is better compared to experience-based skill games. Nowadays it is so stupid catching 1mlnx LIMBO bet, so we prefer to play safe rather than risking money on big multi.

I agree. That's why we can see high rollers at every site. Luck is luck, if that doesn't come to their session, then try another day, if it comes just continue. Some big gamblers don't want to analyze things as the main requirements in sports betting. In the end, people's preferences are the reason why they are comfortable at this one, but not on this one.

[Shasha80]

I believe whether skill-based it is all the game of chance and one should not think she or he is skilled enough not to loose money in playing gambling. All gambling is a game of chance in my opinion and the analysis provided above by op may just be theatrical even crypto currency trading that is purely skill-based in some situation maybe seen as a game of chance.

Gambling is a game of chance/luck  similar to normal gaming. The only thing is that being skilled increases your chances to win at those games but it tend to lean towards luck compared to skill. I've seen players will a small level of experience win good amount of money simply based on luck not like they were expert players or experienced ones.

That's why it's unfair at some case that those unexperienced ones hitting more money that experiences ones lol. 

I'm talking about at those chance-based. Maybe there are algorithm on the sites that newbies should win at their early bets to lure them more on playing the sites. Been experience winning too back in my newbie days at some slots. The winning experience makes me feel pumped and lures me to deposit more whenever I'm losing.

What you say makes a lot of sense, it seems there is an algorithm setting to give more wins to newbies. Because I did feel it myself, after playing
for a long time in one gambling place, I did experience more losses. Therefore sometimes I am always excited to try new gambling places, in addition
to getting a bonus when I first join, the chances of winning are also greater. But I don't know if it applies to everyone, or maybe it just happened to me.