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Author Topic: GAMBLING: Skill-based vs. Chance-based  (Read 2396 times)
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May 15, 2020, 12:59:39 PM
 #61

This is already common and known by a lot of gamblers.

Those luck-based gambling are games that don't require thinking 'cause you just need to bet and pick your desired slot. Obviously, the common winners of these luck-based gambling games are those who're lucky.

Skill-based are only applicable to complex games like poker which you need to be more strategic and have psychological thinking to ensure your win.
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May 15, 2020, 01:23:12 PM
 #62

1. Skill-based -
2. Chance-based -
The problem with these two strict categories is that no skills games are pure skill. It also contains luck in it. How many % skill and % chance should we put the game into a skill or chance-based game?

This situation also makes a game like a poker illegal in some parts of the country but legal for the rest.

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May 15, 2020, 01:31:06 PM
 #63

1. Skill-based -
2. Chance-based -
The problem with these two strict categories is that no skills games are pure skill. It also contains luck in it. How many % skill and % chance should we put the game into a skill or chance-based game?
You can compute the skills but you can't on the luck..
Just give you best to improve your skills so you don't need to rely on your luck all the time.

When you are a skilled gambler, you are likely treating what you do as a job, you are professionally handling it, and you keep a record of your performance when gambling, but most importantly, you choose the right game for you that does not belong a luck based games. (with house edge).


This situation also makes a game like a poker illegal in some parts of the country but legal for the rest.

Poker is gambling, a certain country does not choose a certain game to legalized or not, if its illegal the they regulate it generally and they make gambling illegal, just like in China I guess.


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May 15, 2020, 02:09:57 PM
 #64

If you are playing almost daily then learning skills on how to win games is a good choice for you, you don't want to lose money relying on luck, even if you cannot learn how to be a very good skill based player and only win from time to time, at least you can still go on playing because of your winning coming from your skill.
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May 15, 2020, 02:20:40 PM
 #65

This is already common and known by a lot of gamblers.

Those luck-based gambling are games that don't require thinking 'cause you just need to bet and pick your desired slot. Obviously, the common winners of these luck-based gambling games are those who're lucky.

Skill-based are only applicable to complex games like poker which you need to be more strategic and have psychological thinking to ensure your win.
That is why when I do gambling I always choose the skill based games where I will use my gambling skill and also my risk management skills. I do not like playing games where it is a pure luck game where the chances of winning and losing is 50-50. For me it is just a waste of time and money because I am not lucky like the others. I mostly played card games especially poke wherein I uses my skill in terms of psychology, decision making and creating strategies.
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May 15, 2020, 03:07:01 PM
 #66

I also prefer skill based because gambling without strategy and only depending on luck is really boring and it takes away the fun.
Even dice games in casino's there are patterns you could see or some techniques for you to be able to win more but quite risky as well.

Skill-based gambling is really easier to play with as you have some control with your money and techniques to perform in gambling. Some people are having a hard time playing luck-based game as it really depends on their fate and luck. They have nothing to do but to bet and wait for the outcome whether it is a win or lose. That's why I prefer skill-based game, so that when there's someone to blame, it is myself. The strategies and results are in my own hand, it is really much enjoyable if you are really playing instead of just waiting there for the outcome. Sometimes, there are still circumstances where skill-based gambling is not that lucky enough for you to win.
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May 15, 2020, 07:10:07 PM
 #67

That's why I prefer skill-based game, so that when there's someone to blame, it is myself. The strategies and results are in my own hand, it is really much enjoyable if you are really playing instead of just waiting there for the outcome. Sometimes, there are still circumstances where skill-based gambling is not that lucky enough for you to win.

Yeah, for example poker, when you playing correctly due to your strategy, with a monster hand, call "all in" and finally lose to lucker. Heh, Such "enjoyable"

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May 15, 2020, 08:55:19 PM
 #68

Chance based games are good for the guys with no skill.

Let's assume you are playing Chess  (no Blackjack this time sorry but you can also replace chess with dota if you want Smiley) and you are making bets with the other player over the game result.

If you are a bad player, you'll lose most of the games whether you bet big or small.

Dice games remove that issue for you. Not everybody is super smart or knows well how to play games that require good skill.

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May 15, 2020, 09:10:53 PM
 #69

Chance based games are good for the guys with no skill.

Let's assume you are playing Chess  (no Blackjack this time sorry but you can also replace chess with dota if you want Smiley) and you are making bets with the other player over the game result.

If you are a bad player, you'll lose most of the games whether you bet big or small.

Dice games remove that issue for you. Not everybody is super smart or knows well how to play games that require good skill.

And this is the good thing on this market on where we do have the choices or options to take which would really be depending on our preferences because not all would really have that skill or knowledge on several games that other do know.So its a matter of choice on which one you would play either a luck based one or skill based but there are instances that people switch up to pure luck games just because they dont know how to play those skilled ones.Just like me on where i do know several games but there are really times that i do get bored and switch up easily to those pure luck ones because thrill on seeing instant results are way
too different when you do watch sports or card games.

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May 15, 2020, 09:16:42 PM
 #70

That's why I prefer skill-based game, so that when there's someone to blame, it is myself. The strategies and results are in my own hand, it is really much enjoyable if you are really playing instead of just waiting there for the outcome.
Yeah, for example poker, when you playing correctly due to your strategy, with a monster hand, call "all in" and finally lose to lucker. Heh, Such "enjoyable"

i know the feeling. it's never over until all the cards are dealt! Wink

that's one reason to avoid oversized preflop all-ins, especially multi-way. too much chance, too much gambling. even AA will lose almost 1 out 4 times to mid suited connectors. a more marginal hand like AK suited will lose against any random hand 1 out of 3 times. i like to get my chips in after the flop, when the odds are more clearly in my favor.

the element of chance is crucial though---if there was no chance involved then donkeys wouldn't play poker because they would never win. this means we need to ride out the statistical variance and play statistically smart poker. in the long run, it's profitable.

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May 15, 2020, 09:29:06 PM
 #71

Chance based games are good for the guys with no skill.

Let's assume you are playing Chess  (no Blackjack this time sorry but you can also replace chess with dota if you want Smiley) and you are making bets with the other player over the game result.

If you are a bad player, you'll lose most of the games whether you bet big or small.

Dice games remove that issue for you. Not everybody is super smart or knows well how to play games that require good skill.
If you're playing with some other players and the game have complex mechanics like chess or dota, definitely it's not a chance-based game 'cause obviously it requires massive thinking and strategy that will let you win the game. Poker is a complex gambling game with opponents too, you need to think of a strategy that will bluff and fool those opponents. I'm agreeing with your statement that chance game are better for those who haven't given a good IQ, it'll make them easier to play.
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May 15, 2020, 10:00:02 PM
 #72

Even if you somewhere find a place where they play one deck, then mixing is done when about 30% of the deck is used, so there is no way to make calculations and get an advantage due to this.

i disagree. face up cards = dead cards which cannot be dealt from the deck again.

if single-deck gives card counters no edge, why did casinos switch to multi-deck? why do single-deck games pay with worse odds? Smiley

Single-deck games give an advantage only if they are not mixed in time. For blackjack, 30% of the deck used is a signal to shuffle. Obviously, if you use one deck, shuffling will be too frequent. Maybe that's why casinos switched to multi-deck.

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May 15, 2020, 10:00:20 PM
 #73

Even if you somewhere find a place where they play one deck, then mixing is done when about 30% of the deck is used, so there is no way to make calculations and get an advantage due to this.

i disagree. face up cards = dead cards which cannot be dealt from the deck again.

if single-deck gives card counters no edge, why did casinos switch to multi-deck? why do single-deck games pay with worse odds? Smiley

Single-deck games give an advantage only if they are not mixed in time. For blackjack, 30% of the deck used is a signal to shuffle. Obviously, if you use one deck, shuffling will be too frequent. Maybe that's why casinos switched to multi-deck.
Insteresting, how do you know that? Did you experiment it and made your calculations yourself? Or you have read it somewhere else? If it's the later do you still have the source perchance?

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May 15, 2020, 10:01:01 PM
 #74

Whenever I see headlines with VS here on forum I wish to make contra and ask "why not both"? Why is the problem to try both and to have fun with both? It's not the same when you play lucky based games and skill based games, two subgroups of gambling! Why not go further, subgroups of subgroups... it's not the same when you play dices, crash, slots, or any other lucky based game! Each of these games is different, and if you take skill based gambling and compare poker, black jack, sports betting (and maybe some other game I can't think of right now) you will have the same thing, these games are different!
Here there's no VS, there's the enjoyment you get from playing some game! Some are attracted to lucky others to skill based gambling games, and you will have people like me who like to gamble and we like many gambling games. Bottom line, find the game you like and play it, it's not matter is it lucky or skill, what's matter is that you enjoy playing it!

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May 15, 2020, 10:54:54 PM
 #75

that's one reason to avoid oversized preflop all-ins, especially multi-way. too much chance, too much gambling. even AA will lose almost 1 out 4 times to mid suited connectors. a more marginal hand like AK suited will lose against any random hand 1 out of 3 times. i like to get my chips in after the flop, when the odds are more clearly in my favor.

I think the chance for AA to lose to any another pair is something like 1 out of 3 (i don't count exact probability, but from game theory it's looks like that)

the element of chance is crucial though---if there was no chance involved then donkeys wouldn't play poker because they would never win. this means we need to ride out the statistical variance and play statistically smart poker. in the long run, it's profitable.

Maybe, but even one game can be lost due to shit luck. So this can;t be considered only as skill game. Skill games it's chess or Go. Any gambling it;s more about gambling than skill. My opinion.


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May 15, 2020, 11:11:12 PM
 #76

Any gambling it;s more about gambling than skill. My opinion.


Luck, you mean?

Actually it's hard to say if it's about luck or skills because that depends on the person gambling.
There are even some gamblers who believe that a lucked based game like dice or roulette, they can find a strategy to win consistently, but actually they are wrong, they are just being unrealistic so they think it's possible.

Chance based or skilled based, it's still not easy to win in gambling because in reality people are even losing more in skilled based games as they are more aggressive in terms of betting because they think they had some good chance.

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johhnyUA
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May 15, 2020, 11:22:23 PM
 #77

Any gambling it;s more about gambling than skill. My opinion.


Luck, you mean?

Yep, already corrected  Grin

Actually it's hard to say if it's about luck or skills because that depends on the person gambling.
There are even some gamblers who believe that a lucked based game like dice or roulette, they can find a strategy to win consistently, but actually they are wrong, they are just being unrealistic so they think it's possible.

Chance based or skilled based, it's still not easy to win in gambling because in reality people are even losing more in skilled based games as they are more aggressive in terms of betting because they think they had some good chance.


As i said before, in some situations it's doesnt matter how good your skill or how do you play. Only a chance and luck will decide. Unlike chess, where only your skill is put on the edge of game result.

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bisdak40
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May 15, 2020, 11:26:03 PM
 #78

Skill-based is kinda difficult for me, especially I am a busy person since if you want to dominate in Skill-based games, you really should need a lot of time to practice and play more to become a skilled player.
I'll go with chance-based gambling since all the players are the same, even how much your fund is or skill is, the chance will still decide.

Seems i have to agree with you on this one bro. Skill-based games really needed a ton of time for us to excel on that field.

As i observed though that whether you are into skill based or chance-based, if you don't do it moderately you will end up broke  Smiley.
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May 16, 2020, 04:20:30 AM
 #79

Skill-based is kinda difficult for me, especially I am a busy person since if you want to dominate in Skill-based games, you really should need a lot of time to practice and play more to become a skilled player.
I'll go with chance-based gambling since all the players are the same, even how much your fund is or skill is, the chance will still decide.

Seems i have to agree with you on this one bro. Skill-based games really needed a ton of time for us to excel on that field.

As i observed though that whether you are into skill based or chance-based, if you don't do it moderately you will end up broke  Smiley.
And in addition if you are not that good on a specific game you will be fish there and be the target of all of the veteran player there. Just like poker, usually if you are not good and enter the table you will instantly became the target there. Based on my personal experience dumb player on poker is the easiest way to have a money in gambling, they are easy to predict and read and usually their bet decision is based on their emotion so they can be easily beat.

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May 16, 2020, 04:33:09 AM
 #80

Skill-based is kinda difficult for me, especially I am a busy person since if you want to dominate in Skill-based games, you really should need a lot of time to practice and play more to become a skilled player.
I'll go with chance-based gambling since all the players are the same, even how much your fund is or skill is, the chance will still decide.

Seems i have to agree with you on this one bro. Skill-based games really needed a ton of time for us to excel on that field.

As i observed though that whether you are into skill based or chance-based, if you don't do it moderately you will end up broke  Smiley.
And in addition if you are not that good on a specific game you will be fish there and be the target of all of the veteran player there. Just like poker, usually if you are not good and enter the table you will instantly became the target there. Based on my personal experience dumb player on poker is the easiest way to have a money in gambling, they are easy to predict and read and usually their bet decision is based on their emotion so they can be easily beat.
That's right, Let's use the given game which is poker, Being shuffled and having a veteran player enemy in poker isn't new because poker games are based on the stakes you are playing with. There would be a chance that you want to play higher stakes it means your enemy would be a veteran player. Having a good skill can make you win and survive the game and luck is one part of it. But overall it would depend on you on how you will maneuver your skills on enemies like that. 

Practicing to improve your skills is a pretty normal happening in the gambling community, There are players who sharpen their skill by gathering their own experience and there are also gamblers who are relying on past experience of others and applying it to their game.
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