GAMBLING: Skill-based vs. Chance-based

[NavI_027]

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.

I'm guilty of this to be honest lol. I love playing Texas Holdem poker, Tong Its (a card game here in our country) and Pusoy (Chinese poker) only within the circle of my friends because I somehow memorized the way they play. But when it comes to unknown opponents, I get choked always . That's why I never set playing online as my career, I already admitted to myself that I cannot have a good future in there. I just focused on sportsbetting since I'm knowledgeable when it comes to sports.

[stadus]

I just focused on sportsbetting since I'm knowledgeable when it comes to sports.

Same here, not only I am knowledgeable, I also love to watch games so I am enjoying while I am betting. This kind of betting is really challenging for me and I am okay of getting challenge because I believe I have a decent chance of winning though I'm still far away of being consistent in making profit.

[freedomgo]

I just focused on sportsbetting since I'm knowledgeable when it comes to sports.

Same here, not only I am knowledgeable, I also love to watch games so I am enjoying while I am betting. This kind of betting is really challenging for me and I am okay of getting challenge because I believe I have a decent chance of winning though I'm still far away of being consistent in making profit.

I think most of the gamblers who are thinking of gambling a skilled based games are doing sports betting.
So with the measures the government has impose which is to stop the sports, it's really a big loss to the sports betting industry, since they are making billions of dollars from the gamblers, and this time also looks like a blessing in disguise since gamblers are not anymore spending on sports betting.

[bitbunnny]

To my opinion the only type of gambling where you can use some skills and knowledge is sport betting. You can be a big fun and really follow some sport or team and that might really help you with betting but on the other hand it isn't guarantee for profit, surprises are always possible.
Unfortunately, in the pandemic time all sport events were cancelled and that was really bad for all of us.
In every other types of gambling you mainly depend on luck.

[Russlenat]

To my opinion the only type of gambling where you can use some skills and knowledge is sport betting. You can be a big fun and really follow some sport or team and that might really help you with betting but on the other hand it isn't guarantee for profit, surprises are always possible.
Unfortunately, in the pandemic time all sport events were cancelled and that was really bad for all of us.
In every other types of gambling you mainly depend on luck.

I don't agree with it, though I like sports betting but I don't think it's the only type of gambling where you can use your skills and knowledge to win.
There are a lot of skilled based games, but only few are popular and of course that includes sports betting and maybe we can also consider poker since it's very popular now and people are betting big time because they believe on their skills.

[fortunecrypto]

Skill based is very much preferable because you have a total control of your games, but when it comes to excitement chance based games has a lot of excitement, this is based on my experienced and my opinion facing a good poker players will make you think of your chances, compared to when you are playing a dice game where every roll is a different story and excitement to you.

[MCobian]

I also prefer gambling skill based compared to gambling chance based, because it generates profits with gambling skill based
more easier. By mastering gambling skills based we can determine our victory, the higher our abilities, the higher our chances
to win. While gambling chance based like roulette and lottery does not require skills, but we depend on luck to win.

[Rosilito]

To my opinion the only type of gambling where you can use some skills and knowledge is sport betting. You can be a big fun and really follow some sport or team and that might really help you with betting but on the other hand it isn't guarantee for profit, surprises are always possible.
Unfortunately, in the pandemic time all sport events were cancelled and that was really bad for all of us.
In every other types of gambling you mainly depend on luck.

I don't agree with it, though I like sports betting but I don't think it's the only type of gambling where you can use your skills and knowledge to win.
There are a lot of skilled based games, but only few are popular and of course that includes sports betting and maybe we can also consider poker since it's very popular now and people are betting big time because they believe on their skills.

Yeah, man. You can see some replies by an experienced, knowledgeable members here about Blackjack stuff few post ahead than this or you can jump up to first page and scan several replies all the way down. And later decide if skillbased were still for sportsbetting alone.

I also prefer gambling skill based compared to gambling chance based, because it generates profits with gambling skill based
more easier. By mastering gambling skills based we can determine our victory, the higher our abilities, the higher our chances
to win. While gambling chance based like roulette and lottery does not require skills, but we depend on luck to win.

I prefer skill based betting as well, sports betting in particular. But it ain't easy to generate profit, as you say it so. Sometimes, there were scenario that go in a way you thought it wouldn't that results to losing particular amount of money. One bad thing in addition to skill based game is that, you'll go bet that exceeds your average 'cause you tend to be certain, and will just lose it for the event you didn't expect to happen. Perhaps luck sometimes reside with your winning. But whatever, you can just determine the probabilty of winning but you can't determine the exact result.

[Casdinyard]

I just focused on sportsbetting since I'm knowledgeable when it comes to sports.

Same here, not only I am knowledgeable, I also love to watch games so I am enjoying while I am betting. This kind of betting is really challenging for me and I am okay of getting challenge because I believe I have a decent chance of winning though I'm still far away of being consistent in making profit.

But how do you consider sportsbetting in one of these? A skill-based game or a chance game? Coz me personally I think of it on different aspect, when it comes to the player that is playing on field or on the sport it is skill-based game for them, at gambler's end it is a chance game even you have searched a lot of the player's stats you can always win or lose. I also tried sportsbetting on boxing and it didn't end well for me tough I bet on high stat player.

[deisik]

But how do you consider sportsbetting in one of these? A skill-based game or a chance game? Coz me personally I think of it on different aspect, when it comes to the player that is playing on field or on the sport it is skill-based game for them, at gambler's end it is a chance game even you have searched a lot of the player's stats you can always win or lose. I also tried sportsbetting on boxing and it didn't end well for me tough I bet on high stat player.

You make a valid point

The fact of life is that different people with different levels of expertise in the same domain look at the same thing quite differently. For an experienced gambler who knows how to take advantage of randomness, the outcome in the games of chance like dice may no longer be a matter of pure luck as it is for the rest of the pack. It can be generalized further in the sense something will be a skill-based game for masters and experts at it, while for laymen and novices it will be more like Russian roulette in reverse, i.e. with only one empty chamber in the revolver

[cabron]

Yes. Sports betting still needs to analyze the skills of the fighter or the athlete. You look at his strengths and weaknesses and if matched to a semi midget vs your big fighter you'll bet big for him.

Skill based is very much preferable because you have a total control of your games, but when it comes to excitement chance based games has a lot of excitement, this is based on my experienced and my opinion facing a good poker players will make you think of your chances, compared to when you are playing a dice game where every roll is a different story and excitement to you.

You will feel confident when your cards are at least straight or fullhouse but if not then its going to depend on bluffing alone and this is where your skills are going to be more useful. You will think of your chances because poker game is where you will bet to double the amount which the pot will really huge.

[figmentofmyass]

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)

here are some examples of preflop odds:







so AA is in a very dominant position---winning ~4 out of 5 hands---when the opponent is isolated. multi-way pots are much more of a gamble. AA in a family pot preflop won't even win a majority of the time so it's important to raise preflop. a lot of people slow play AA preflop and then end up in bad positions postflop.

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.

i would reverse it---it's a skill game with elements of chance. especially when you consider things like hand reading abilities. sports betting with good odds is never a sure thing either, but like poker, with a statistical edge, the game can be beaten over time.

you're right that the better player will not win 100% of the time, but over time as variance is played through, they will win much more often than worse players.

[BITCOIN4X]

Whatever type of gambling I think there is still an element of luck in it. But gambling that is played with skills will have a different feeling compared to gambling that only relies on luck. Regardless of which is good, it depends on the habits of the players and I prefer to bet without skills such as dice, yes even though its a bit boring but I enjoy it.

[carlfebz2]

Whatever type of gambling I think there is still an element of luck in it. But gambling that is played with skills will have a different feeling compared to gambling that only relies on luck. Regardless of which is good, it depends on the habits of the players and I prefer to bet without skills such as dice, yes even though its a bit boring but I enjoy it.

It is indeed a matter of preference or interest of a certain gambler because not all do enjoy to play sportsbet or card games and just rather stick with dice and roulette
because they can able to get the entertainment that they do seek of, therefore it do really talks with interest but on general sense when it comes to chances or risk then theres no doubt that skill based ones would really have that edge.

I personally think, when it comes to gambling all games are chances based because even the so called professionals also lose, assuming they had everything figured out due to their skills they won't even be gambling because they would had made so much money already. Experience is another factor that contribute to the outcome of game as it's very important to avoid making previous mistakes

Losing is inevitable even the pros but somewhat they do able to lessen it out and be still profitable in the end of the day.

[KTChampions]

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?

This is well-known information, I studied it both from the point of view of mathematics and from sources like Wikipedia. In any open source, you can read the history of the "casino - player" confrontation in blackjack and understand why and how the rules changed (including the rules for the number of decks and their shuffling).

[Twinkledoe]

Whatever type of gambling I think there is still an element of luck in it. But gambling that is played with skills will have a different feeling compared to gambling that only relies on luck. Regardless of which is good, it depends on the habits of the players and I prefer to bet without skills such as dice, yes even though its a bit boring but I enjoy it.

Gamblers have their own preferences when it comes to playing. But those skill-based games will indeed give you advantage when you talk about winning. If you have the skills and knowledge for those specific games, you have high chance of winning, whereas chance-based are pure luck in play. So if you want  a lil bit of security, you can focus on skill-based games and nurture your skill thru experience if you want a real advantage when it comes to winning.

[Becky666]

With much love for poker, I always be a skill bases gambler. Poker has been part of me and doing this with friends make me doing what is fine and pleasing to me, poker is a game of learning before play, hence, such gambler stand the chance to loose his or her games. As for me, am not the type that usually find luck or chance while gambling, thus was why I choose to get poker as my favorite among all games.

[pixie85]

Most people choose chance based games and the statistics confirm it.
70 or 80% of casino profit are slots that are the purest and most newbie friendly form of chance games.

I'd choose a skill based game because when I gamble I like to focus on it but I know that many people gamble while doing something else like watching TV or even working.

[shield132]

Skill-based games aren't poker, blackjack and similar ones. Skill-based games are Chess and Poo/Billiard (only these two came to my mind right now). Poker and blackjack are based on luck, but at the same time, it depends on what kind of conditions do we have to play. You know live online casinos use 8 decks of cards while this number is much lower in a real-life casino.
Can say nearly the same on Poker. Poker is a mixture of skills and luck. Without good cards, you can't win against your opponent but at the same time you can win with bad cards over good cards if you bluff, it's a skill too but real-life poker makes this skill much more usable than virtual poker cause on this last one you can't understand emotions of players as well as you are able in real life poker.

[fiulpro]

Even if you think that the blackjack only requires skill trust me sooner or later you are going to realize that the company makes sure that no one , literally no one wins more than they have spent.
I do think even if it is a skill based gambling , it still is somehow monitored plus there are set of computer programs specifically designed to make sure no one person wins a lot.
The chances are always good in the skill based section , the lucky based one is something that I don't think one should become addicted to, but some of the games are Preety addictive in that section I must say . It is always changing and have so many variety , the skill based is fixed to 1-2 kinds .
I personally prefer the luck based ones..