Do poker and sports betting skills correlate?

[chaser15]

If you are mastering the probabilities of the game, you are already ahead of most of noobs taking part in the game even if you're in a bad luck day.

You have a point and I agree with that.

It's what can we also call, having a big gambling experience. Even on the worst day, these gamblers with more experience can still think of a way how to cut that losing streak or survive the worst rounds because they have already been in the worst situation several times already throughout their gambling history.

They already felt the pressure, struggle, and difficulties whenever they are in that situation.

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[Mahanton]

The reason may be that they do dedicate lots of time to follow the sports and the cards tournaments and they are able to find opportunities hidden in the sand. Perhaps rather than a direct correlation, which could also be possible as everything in betting entails a certain ability to assess the chances and probabilities of events happening, is more about being in the "profession" of predicting and making money out of it. I would say that, in general, skills are specific for the prediction and generalist in the calculation abilities.

You have a big point here "dedication" towards both games which will help you develop strategies that might play out most times. But there are no correlations between both because both are two different games entirely. Probability remains the underlying element that can bring both games under the same atmosphere that would make one feel both correlate.

Winning both different tournaments at the same time I don't think it has anything to do with strategy, but if it's about luck then maybe. About dedication, of course, many people dedicate their time to gambling but unfortunately, not all of them are as lucky as the winner of the tournament so I personally still think it is about luck that happens simultaneously.

Luck would always be a decisive factor and of course your skills and knowledge will really be also contributing on that aside on being lucky. Correlation in between your knowledge between games?
Come to think that not all would only just stick into particular single games and others are really knowledgeable on dealing with multiple games because we know that learning isnt really that
limited on single or a few and does vary on each person because we are totally different in terms to that.Why do really presume out that people cant deal with other games
if they had already known one?

[Saint-loup]

If you are mastering the probabilities of the game, you are already ahead of most of noobs taking part in the game even if you're in a bad luck day.

You have a point and I agree with that.

It's what can we also call, having a big gambling experience. Even on the worst day, these gamblers with more experience can still think of a way how to cut that losing streak or survive the worst rounds because they have already been in the worst situation several times already throughout their gambling history.

They already felt the pressure, struggle, and difficulties whenever they are in that situation.

There is a way to cut losing streaks in gambling games??  I wasn't aware of that. Could you tell me how skilled gamblers are doing that please?
Psychology is very important in gambling but I wasn't only talking about that, I was talking about the overall edge those players have against beginners.

[Poker Player]

There is a way to cut losing streaks in gambling games??  I wasn't aware of that. Could you tell me how skilled gamblers are doing that please?
Psychology is very important in gambling but I wasn't only talking about that, I was talking about the overall edge those players have against beginners.

I answer you with respect to what I know about poker. If you are a regular poker player it makes no sense to cut losing streaks simply because you are losing. Winning players have short term losing streaks, but if you keep playing without losing affecting you emotionally, you will get on a winning streak again sooner. It is better to schedule one or two hour playing sessions, for example, and play that long regardless of whether you win or lose.

It's key that it doesn't affect you emotionally. Experienced players are not usually affected but you can always have a bad day. At that moment it is better to leave the table and come back another day when you are fresher.

[Reid]

I answer you with respect to what I know about poker. If you are a regular poker player it makes no sense to cut losing streaks simply because you are losing. Winning players have short term losing streaks, but if you keep playing without losing affecting you emotionally, you will get on a winning streak again sooner. It is better to schedule one or two hour playing sessions, for example, and play that long regardless of whether you win or lose.

It's key that it doesn't affect you emotionally. Experienced players are not usually affected but you can always have a bad day. At that moment it is better to leave the table and come back another day when you are fresher.

Yes, that's true.
One of my good habits is that. Some call it a superstition belief but it's a tactic or telling yourself you can control your emotion.
When I feel like I have a bad day I don't give up but I try to rest it a bit. Go back a couple of hours and try again.
If the same thing keeps on happening then put it to a long rest and sleep it through.

About OP's question. I am a fan of sports gambling and also play poker on weekends before. I can tell you it's a lot different because updates in sports are moving unlike the stagnant rule in poker, it's just the people you are playing with that change but the cards are the same.

[Betwrong]

~
I noticed that all the guys in the top 3 were at some point participating in the Bitcointalk Poker Series. Now, it's not that a lot of people were participating there, somewhere around 30 ppl max, so I started wondering is there a correlation.

I do not think that they are even remotely close. I understand that they are neither set fixed results, for example dice is like that, it is automatic and robotic and you gamble that way, the only relation between poker and sports is the fact that it is not like that and you have to wait for the result. However, the "skills" involved are not the same, they are different and you can't be further apart than these two.

Yes, at first glance those are different skills, but we actually don't know how our brain works, and, imo, only when we will be able to say something like "when we play poker these particular processes are happening in our brain, and when we do sports betting the processes are different, they require different connections to be developed etc." Unfortunately, we are not there yet. At this point we can only be guessing, without giving definite answers. Lewis Carroll was a talented mathematician, but he is better known as a great writer. Let alone Leonardo da Vinci. What if it wasn't a coincidence that they were talented in those fields?

In poker you have to learn the game and practice and be better at it, there are many different approaches to it, in sportsbetting you have to just watch the games and become a good fan that knows which team is which and so forth. ~

I think "so forth" is the keyword here , because watching the games and knowing which team is which is definitely not enough for successful sports betting.

[carlfebz2]

The reason may be that they do dedicate lots of time to follow the sports and the cards tournaments and they are able to find opportunities hidden in the sand. Perhaps rather than a direct correlation, which could also be possible as everything in betting entails a certain ability to assess the chances and probabilities of events happening, is more about being in the "profession" of predicting and making money out of it. I would say that, in general, skills are specific for the prediction and generalist in the calculation abilities.

You have a big point here "dedication" towards both games which will help you develop strategies that might play out most times. But there are no correlations between both because both are two different games entirely. Probability remains the underlying element that can bring both games under the same atmosphere that would make one feel both correlate.

Winning both different tournaments at the same time I don't think it has anything to do with strategy, but if it's about luck then maybe. About dedication, of course, many people dedicate their time to gambling but unfortunately, not all of them are as lucky as the winner of the tournament so I personally still think it is about luck that happens simultaneously.

Considering poker and sports betting does involve skills then we cant totally say that luck would only be the factor needed.When you are knowledgeable on both gambling then it wont really be that surprising that a

certain individual could really won those tournaments basing on how they would manage their time and its no brainer that someone could able to hit both if he's lucky and well or skilled enough.

Correlation? Nothing in between and this is just an ordinary scenario on where a person could do multiple type of gambling games and won both.

[RealMalatesta]

It's what can we also call, having a big gambling experience. Even on the worst day, these gamblers with more experience can still think of a way how to cut that losing streak or survive the worst rounds because they have already been in the worst situation several times already throughout their gambling history.

They already felt the pressure, struggle, and difficulties whenever they are in that situation.

The same also applies to sports betting. If you are an experienced bettor who gets better odds than most and knows more than others. Even on a bad day when 1.1 odds bets are losing, you will still end up minimizing your losses because you have the experience to realize that it's time to stop for a while.

I have not played poker much but it has much smaller house edge as compared to sports and that's because the room for skills is higher in sports betting as compared to casino games or poker.

[coin-investor]

Today seeing the results of the Sportsbet.io ⚽ Brazil v Spain prediction game:

I noticed that all the guys in the top 3 were at some point participating in the Bitcointalk Poker Series. Now, it's not that a lot of people were participating there, somewhere around 30 ppl max, so I started wondering is there a correlation.

What are your thoughts on this, guys?

I think there is but the story you've shown to us cannot establish the fact, the only correlation is they both need concentration and analysis maybe that contributes to their winnings but like what I said there should be a study if there is a truth that if you are good in sports betting you are also good in poker, you need to be a long time players of both to get a winning percentage.

[Jackl87]

Today seeing the results of the Sportsbet.io ⚽ Brazil v Spain prediction

I noticed that all the guys in the top 3 were at some point participating in the Bitcointalk Poker Series. Now, it's not that a lot of people were participating there, somewhere around 30 ppl max, so I started wondering is there a correlation.

What are your thoughts on this, guys?

I don't really think that there is a correlation here or at least not a significant one. I would assume that those 3 winners are just guys that join every competition or giveaway in this forum and that this is the only reason why they appear on more than one list of winners here in this forum. I think that sports betting and Poker are two completely different things that need different skill Sets. To be a good Poker player you need to be able to hide your feelings and emotions from the other players and you also need to be able to to read the body language of the others.

[Silberman]

Today seeing the results of the Sportsbet.io ⚽ Brazil v Spain prediction game:

I noticed that all the guys in the top 3 were at some point participating in the Bitcointalk Poker Series. Now, it's not that a lot of people were participating there, somewhere around 30 ppl max, so I started wondering is there a correlation.

What are your thoughts on this, guys?

It's just an observation but we have no established fact that if you are good in poker you are good in sports betting, you get one scenario but one scenario cannot prove and establish the fact, it could be a coincidence, it needs a serious study to establish that, but poker and sports betting needs analysis that is the only correlation, but that does not establish a fact.

Which is why they are asking the question to try to get insight from the community about what they are seeing, to me it makes sense that there is some correlation, as an example if you know how to swim using one of the many different strokes there are then it stands to reason that you can  learn and use the other styles relatively quickly, you are not going to be a master of those styles but you can easily use them if you already know how to swim, this is similar, if you know to play poker then you already know about probabilities, strategies, money management and you have the patience to apply them, factors that are important when it comes to sport betting.

[boyptc]

I think there is but the story you've shown to us cannot establish the fact, the only correlation is they both need concentration and analysis maybe that contributes to their winnings but like what I said there should be a study if there is a truth that if you are good in sports betting you are also good in poker, you need to be a long time players of both to get a winning percentage.

Being good in sports betting and poker.

This can be done by those gamblers that have been on it for a long time. As a gambler, I know that there are those people that are advanced with these games.

But to correlate it, it's an individual skill.

[smyslov]

Today seeing the results of the Sportsbet.io ⚽ Brazil v Spain prediction game:

I noticed that all the guys in the top 3 were at some point participating in the Bitcointalk Poker Series. Now, it's not that a lot of people were participating there, somewhere around 30 ppl max, so I started wondering is there a correlation.

What are your thoughts on this, guys?

Yes, there's a possibility because both events involved deep analysis, study, and experience if those 3 participants in the top 3 have all these, there's a possibility that luck did not put them there but all the traits I've mentioned, but it's only a possibility there's no concrete evidence 3 subjects alone cannot make a fact.

[ralle14]

I answer you with respect to what I know about poker. If you are a regular poker player it makes no sense to cut losing streaks simply because you are losing. Winning players have short term losing streaks, but if you keep playing without losing affecting you emotionally, you will get on a winning streak again sooner. It is better to schedule one or two hour playing sessions, for example, and play that long regardless of whether you win or lose.

It's key that it doesn't affect you emotionally. Experienced players are not usually affected but you can always have a bad day. At that moment it is better to leave the table and come back another day when you are fresher.

Same goes for sports betting, once you've been through several losing streaks you'll eventually get used to these streaks but there are times where it's better to stop and take a day off or two from betting depending on the scheduled matches. These streaks come and go that's why most gamblers recommend a bankroll management strategy but unfortunately some gamblers lose composure and get carried away.

I have not played poker much but it has much smaller house edge as compared to sports and that's because the room for skills is higher in sports betting as compared to casino games or poker.

For sports betting it's more like a betting fee rather than a house edge since the profit margin's set by sportsbooks doesn't affect the winning chance of the match unlike in casino games.

[lienfaye]

What are your thoughts on this, guys?

I think its just a coincidence and there's no correlation.
Poker and sports betting are two different games with different ways to have a chance to win. Instead of correlation, I'd think these players are just knowledgeable on the games that they're interested in to play. Thats why skills and strategy are always the edge of a gambler to win.

[Poker Player]

I think its just a coincidence and there's no correlation.
Poker and sports betting are two different games with different ways to have a chance to win. Instead of correlation, I'd think these players are just knowledgeable on the games that they're interested in to play. Thats why skills and strategy are always the edge of a gambler to win.

If you had read some of the thread, instead of coming here to say what you think and that's it, you would have realized that there are correlated skills. For example, a mix between intuition and probability calculation, bankroll management and emotion control are common and key in both betting games.

[hahay]

What are your thoughts on this, guys?

I think its just a coincidence and there's no correlation.
Poker and sports betting are two different games with different ways to have a chance to win. Instead of correlation, I'd think these players are just knowledgeable on the games that they're interested in to play. Thats why skills and strategy are always the edge of a gambler to win.

I agree, the poker game is the same for many years. If you learned the game once and have a decent strategy that is profitable than you should just stick to it. There is no need to constantly change your game. It's better to stick to a good strategy and play many hands than trying to find the perfect strategy. For sports betting however, we need to constantly follow the games. See which teams are performing better, which players are getting transfered and who is injured.

I think even though the poker game continues like that doesn't mean we can use the same strategy all the time, because in the end you will only lose everything if you are not skilled. I personally have experienced it and because of that, I can say that because even though the game is the same but the fact is that we have to remain skilled if we want to make a profit. But when it comes to whether or not there is a correlation between poker and sports betting, then I would say they both just require skill and luck.

[Victorycoin]

There is an important difference between gambling and sports gambling, and it makes sense many sites with online games are an interactive casino where the games are held with real money participation a gambler must have the necessary skills and techniques to play poker. Without skills the chances of winning will be much lower. Poker is a form of card gambling but is often considered a skill based game it is possible to win only if one person has the skills, but for sports, teams have to be considered.

[Saint-loup]

There is a way to cut losing streaks in gambling games??   I wasn't aware of that. Could you tell me how skilled gamblers are doing that please?
Psychology is very important in gambling but I wasn't only talking about that, I was talking about the overall edge those players have against beginners.

I answer you with respect to what I know about poker. If you are a regular poker player it makes no sense to cut losing streaks simply because you are losing. Winning players have short term losing streaks, but if you keep playing without losing affecting you emotionally, you will get on a winning streak again sooner. It is better to schedule one or two hour playing sessions, for example, and play that long regardless of whether you win or lose.

It's key that it doesn't affect you emotionally. Experienced players are not usually affected but you can always have a bad day. At that moment it is better to leave the table and come back another day when you are fresher.

Yes I agree with you, leaving the game/the table will be beneficial on a psychological level, which is important in skilled games like poker but it doesn't cut a losing streak in a probabilistic/statistical way. That is to say, if you are playing at a pure gambling game like roulette or a dice game, it won't really change the outcomes at the end. It can help newbies to not quickly dry up their bankroll by trying to chase their losses though.

[KTChampions]

I think its just a coincidence and there's no correlation.
Poker and sports betting are two different games with different ways to have a chance to win. Instead of correlation, I'd think these players are just knowledgeable on the games that they're interested in to play. Thats why skills and strategy are always the edge of a gambler to win.

If you had read some of the thread, instead of coming here to say what you think and that's it, you would have realized that there are correlated skills. For example, a mix between intuition and probability calculation, bankroll management and emotion control are common and key in both betting games.

What you have listed is too general skills to claim any correlation based on them. If you follow this logic, then investments, poker, forex, etc. have a high correlation (which is actually not the case). To state the correlation between poker and betting, it is tedious to identify some more specific skills/patterns.