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Author Topic: Is gambling all about luck?  (Read 6393 times)
Docnaster
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September 24, 2023, 10:43:33 PM
 #41

My knowledge about gambling tells me that it's a game of luck but is not exclusive to luck for anyone to win in the game. One needs luck to win his gambling stakes but I also think that one needs to be efficiently strategic in gambling in order to win .
Having no knowledge of gambling before doing it is riskier than someone who knows much about a certain gambling platform.

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September 24, 2023, 10:56:54 PM
 #42

In my opinion making cash from gambling is not a good option and the statistical probability that you will win every game at every casino is very low. I think winning or losing every game is completely in your head, so your individual tricks are not there. However, we all have some kind of luck so we should strive for what is possible for us.
Gambling is mostly associated with luck, but for you to win you should also have knowledge and working strategies that will eventually attract your luck and enable you to make profits. At some point, skills are also essential in gambling most especially for sports betting, aside from luck that one should always have. However, we can't force the universe to make us lucky the whole time we are into gambling. That's why some resort into committing a lot of losses before they gain luck and eventually ends profitable.

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September 24, 2023, 11:07:53 PM
 #43

In my opinion making cash from gambling is not a good option and the statistical probability that you will win every game at every casino is very low. I think winning or losing every game is completely in your head, so your individual tricks are not there. However, we all have some kind of luck so we should strive for what is possible for us.
Gambling is mostly associated with luck, but for you to win you should also have knowledge and working strategies that will eventually attract your luck and enable you to make profits. At some point, skills are also essential in gambling most especially for sports betting, aside from luck that one should always have. However, we can't force the universe to make us lucky the whole time we are into gambling. That's why some resort into committing a lot of losses before they gain luck and eventually ends profitable.
Exactly, Gambling isn't only associated with luck rather you must put some strategy and logic on most gambling games. Just like you've mentioned, Sports betting isn't only associated with luck as you must also research and make a reasoning or logic as to why you'll be betting on the team or player you'll be betting on. Also, most card games are not only associated with luck but also strategies since you may have a bad card but also win the game.

But on some occasions, there are some games like dice where Luck is the main factor as you mostly cannot control or alter the outcome. However, still, there are some methods, pattern or tricks which may lessen the loss on these games even if you have bad luck.

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September 24, 2023, 11:20:03 PM
 #44

Yes, except for sports bet which is also considered as gambling. Most games that used RNG, provably fair are obviously luck based, but sports betting it requires at least some knowledge for you to win not just betting on any team or players.

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September 24, 2023, 11:24:36 PM
 #45

In my opinion making cash from gambling is not a good option and the statistical probability that you will win every game at every casino is very low. I think winning or losing every game is completely in your head, so your individual tricks are not there. However, we all have some kind of luck so we should strive for what is possible for us.

In fact, the odds will always be in favor of casinos and betting sites and that is why most people lose much more money than they win.
But, gambling is not just based on luck or bad luck, but also on managing risk, controlling your balance and the gambler's experience with the game he is playing, and this can greatly reduce your losses.
Sports games are the ones that can give you the most chances of winning, as they depend very little on luck and much more on your knowledge of that sport, but it is also possible to have a certain control over card games, for example, in which you bet directly with other players... you just need to be better than your opponents.

Anyway... gambling is not just luck or bad luck, there is a lot of technique involved.

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September 24, 2023, 11:32:33 PM
 #46

When we talk about games of chance, they have categories: the so-called gambling that depend on luck (someone in this thread already talked about mathematics) which are games like plinco, dice, slots and lotteries. In these games, no matter how genius you are in mathematics, you will still do little to win, at the end of the day only the person who is lucky wins. Then we have gambling that do not depend on luck, as is the case with sports betting, in which statistics are used more, obtaining a large amount of information and knowledge about the games are very important things in sports betting, but this does not guarantees 100% victory

Even if the person knows the teams well and the odds are lower, indicating that a certain team will win, that team can still lose. This is why gambling should not be seen as investments, because they are not and will never be profitable in the long term for any player. This needs to be clear, there are people who think they can make profits from gambling, those who think that way are mistaken. There won't be a good ending if you think that way. It is more likely that you will lose everything in the real world because of the game.

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September 24, 2023, 11:40:24 PM
 #47

Well, that is quite obvious. That is why there are advices everywhere on this forum telling you to only gamble with money you can afford to lose and to never chase your losses. Only the minority of gamblers will be able to make considerable profit from gambling through big wins and jackpots. Anyway, if they keep playing, losses will be faced on long term, without any doubts. So, if you are a lucky gambler, make sure to use your earnings wisely instead of spending everything in another bets.
The profit ratio from gambling is very low even though there are some lucky gamblers who get big profits and jackpots, but the loss ratio is very high from the impact of gambling. So don't have the ambition to get money from gambling activities but gamble with low finances and can afford to lose, gambling must be based on considerations to minimize losses even though we cannot predict the results of gambling, but I prefer soccer gambling because we can analyze matches to determine the accuracy of winning for the team /best club with many top players.
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September 25, 2023, 01:18:27 AM
 #48

In my opinion making cash from gambling is not a good option and the statistical probability that you will win every game at every casino is very low. I think winning or losing every game is completely in your head, so your individual tricks are not there. However, we all have some kind of luck so we should strive for what is possible for us.

Not all are based entirely on “luck” for example if you’re playing casinos games like crash, slots, plinkos and the rest I could say those ones are based entirely off of luck b ur when you get into sport betting then you have to use your skills or should I say knowledge that you have about that sport to place bets. Because with sport betting you should be able to tell the difference between two teams that are about to play each other and also how well their individual players play and that will give you a head start on how to go on with your betting.

One thing I noticed in your post that I might just say now is, don’t treat casino as a way to earn your passive income if you do you’re surely going to regret it on the long run… your main aim should be to play and have fun and if you’re lucky enough (like I have said countless times in my replies) to win some cash then keep it don’t just capitalize on making all your money from gambling it will ruin you.

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September 25, 2023, 01:23:46 AM
 #49

In my opinion making cash from gambling is not a good option and the statistical probability that you will win every game at every casino is very low. I think winning or losing every game is completely in your head, so your individual tricks are not there. However, we all have some kind of luck so we should strive for what is possible for us.
You already answered your question, so it's better to find an alternative than to keep playing casino games. Waiting for that luck could take countless deposits before you win something good, and when it starts lining up, it's always not going to be enough due to the max win.

Gambling should not be seen as a money making machine,  we should look at it as part of an entertainment industry where we engage  with it to have some fun with a twist of the chance of winnings.  
I agree that's what others fail to understand and still take gambling too seriously when it's better for them to accept the truth.

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September 25, 2023, 01:36:24 AM
 #50

In my opinion making cash from gambling is not a good option and the statistical probability that you will win every game at every casino is very low. I think winning or losing every game is completely in your head, so your individual tricks are not there. However, we all have some kind of luck so we should strive for what is possible for us.
I see this post all encompassing and you've made an impression and given a lesson. It's left for those who are lucky or who have "luck-charms" to continue in their gambling as source of earning and those who don't have such lucks from overtime gambling experience to quit that lifestyle. Actually 'individual tricks' may exist that's what in other words we call 'lucky-charms'. So I'll say from your post , lesson gained!
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September 25, 2023, 02:01:59 AM
 #51

Not all are based entirely on “luck” for example if you’re playing casinos games like crash, slots, plinkos and the rest I could say those ones are based entirely off of luck b ur when you get into sport betting then you have to use your skills or should I say knowledge that you have about that sport to place bets. Because with sport betting you should be able to tell the difference between two teams that are about to play each other and also how well their individual players play and that will give you a head start on how to go on with your betting.

Game-based gambling is completely based on the player's luck. Because there is no strategy that can be used to get this luck. For example, slots, whether you want to use normal spins or the buy feature, cannot be guaranteed to give you a win without luck. Sport, requires 2 factors, luck and analysis, although it requires luck, but not completely. Because gamblers must consider the clubs and players before deciding to bet.

HOLD...
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September 25, 2023, 02:36:35 AM
 #52

In my opinion making cash from gambling is not a good option and the statistical probability that you will win every game at every casino is very low. I think winning or losing every game is completely in your head, so your individual tricks are not there. However, we all have some kind of luck so we should strive for what is possible for us.

Every gambler's reason for gaming is to make a profit and also be entertained. However, relying on gambling as a means of income is going to the extreme since the outcome is highly unpredictable. I also believe that winning in gambling is a product of skills and luck. Without a good knowledge of the game you want to bet on you may not be able to get the targeted results. That is why gamers are encouraged to gain the requisite knowledge about games they stake in. There are times when knowledge and skills could fail, luck might come into play in that situation. Sometimes you win in games you played carelessly because Mother Luck was on your side. But the best kind of skill or luck a gambler should strive to get is self-control. If you can control your gambling habit, staking will be entertaining. 

R


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September 25, 2023, 02:42:05 AM
 #53

It's important to know that gambling is not a reliable way to make money. Luck is a big factor, and we can't predict when it will help us. Gambling is all about chance, and we can't be sure if we'll win or lose. Casinos are set up to make money in the long run, even if some players get lucky at times.
To avoid losing a lot of money, only gamble with money you can afford to lose. I remember a friend sometimes ago, who played and had lucky wins. But he got too confident and kept playing. Unfortunately, luck changed, and he lost both his winnings and his initial deposit.

Some people might wonder if casinos cheat somehow, but many are regulated to make sure the games are fair. So, when you gamble, remember that it mostly depends on luck. You can make smart choices, but in the end, the result is uncertain.

R


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September 25, 2023, 03:01:19 AM
 #54

In my opinion making cash from gambling is not a good option and the statistical probability that you will win every game at every casino is very low. I think winning or losing every game is completely in your head, so your individual tricks are not there. However, we all have some kind of luck so we should strive for what is possible for us.
Gambling is not a reliable way to earn money therefore a gambler should not play with an intention of earning through this activity. We know the risk and our chance to win is mostly depending on luck. So the possibility of losing our money is high compared to gaining from gambling. That's why it's not right to gamble with such desire.

On the other side, many gamblers are trying their luck to win huge and that's understandable. However don't make it a habit of spending your money in gambling (even it's not what you can afford to lose) for this reason, you'll lose more if you have no control and worst become addicted.

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September 25, 2023, 04:08:52 AM
 #55

In general, gambling is about luck. There are certain games, however, where skills are somehow needed. When we speak of most casino games like slot, dice, roulette, and the like, luck is the main thing that matters. In others, where certain skills would give you some advantage, still luck has an important role to play. Even if you're good at poker, for example, if you're always dealt with weak hands, skills can only do so much. The same goes with blackjack.

Sports betting is probably the kind of gambling in which luck is least needed. You have numbers and stats and other factors as bases for your bets. If you're fond of betting on underdogs, though, and hope for upsets, then perhaps you need a good amount of luck. 

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September 25, 2023, 04:35:16 AM
 #56

In general, gambling is about luck. There are certain games, however, where skills are somehow needed. When we speak of most casino games like slot, dice, roulette, and the like, luck is the main thing that matters. In others, where certain skills would give you some advantage, still luck has an important role to play. Even if you're good at poker, for example, if you're always dealt with weak hands, skills can only do so much. The same goes with blackjack.

Sports betting is probably the kind of gambling in which luck is least needed. You have numbers and stats and other factors as bases for your bets. If you're fond of betting on underdogs, though, and hope for upsets, then perhaps you need a good amount of luck. 

In general I agree with what you say, I would only qualify that in casino games like slots and roulette it is not a matter of luck if we are talking about big numbers. The bigger the statistical sample, the less luck is involved. If in roulette the house has an HE of about 5% it means that if you play a million times you are going to lose 5% of what you bet. If you only bet ten times you might even win, but that is due to the variance or short-term statistical difference from the average.

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September 25, 2023, 04:41:24 AM
 #57

In my opinion making cash from gambling is not a good option and the statistical probability that you will win every game at every casino is very low. I think winning or losing every game is completely in your head, so your individual tricks are not there. However, we all have some kind of luck so we should strive for what is possible for us.
As the title of the thread here suggests, is gambling just a matter of luck? Of course yes, in my opinion gambling is luck that every individual has and at that moment, if at the beginning of gambling he wins, of course the next day he will not win again, he may even lose, in gambling the individual will not be able to win. predicting victory, even though you have used the right tricks and tried your best to win, this is still doubtful because after all gambling is just luck and we don't know the final result we will get later.

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September 25, 2023, 06:07:31 AM
 #58

Yes, except for sports bet which is also considered as gambling. Most games that used RNG, provably fair are obviously luck based, but sports betting it requires at least some knowledge for you to win not just betting on any team or players.
Yes because in sports book you need a little knowledge as well , pure luck will not be so effective because it is a kind of match that will run in hrs and there's a strategy and team that are playin that is why sports betting is my favorite because I am not lucky enough to win in most of the gambling games and I want to challenge myself on how will I choose the team that I will put my bet with.
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September 25, 2023, 06:10:03 AM
 #59

It's important to know that gambling is not a reliable way to make money. Luck is a big factor, and we can't predict when it will help us. Gambling is all about chance, and we can't be sure if we'll win or lose. Casinos are set up to make money in the long run, even if some players get lucky at times.
To avoid losing a lot of money, only gamble with money you can afford to lose. I remember a friend sometimes ago, who played and had lucky wins. But he got too confident and kept playing. Unfortunately, luck changed, and he lost both his winnings and his initial deposit.

Some people might wonder if casinos cheat somehow, but many are regulated to make sure the games are fair. So, when you gamble, remember that it mostly depends on luck. You can make smart choices, but in the end, the result is uncertain.
You know what? You’re right on the money, and anyone who thinks differently is kidding themselves. Gambling is NOT, I repeat, NOT a stable way to fatten the wallet. People need to wipe the dollar signs from their eyes and see it for what it is: a shot in the dark, a game of chance, nothing more. Luck is a fickle friend, and casinos? They’re not your friends at all. They’re businesses built to make money, and guess where that money comes from? That's right, the pockets of hopeful players. People need to get this into their heads: you can’t count on luck, and you certainly can’t control it. It's high time folks wake up and smell the coffee, acknowledge the odds stacked against them, and play it safe

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September 25, 2023, 06:32:55 AM
 #60

In my opinion making cash from gambling is not a good option and the statistical probability that you will win every game at every casino is very low. I think winning or losing every game is completely in your head, so your individual tricks are not there. However, we all have some kind of luck so we should strive for what is possible for us.
in the past I said in other threads that luck only belongs to someone who dares to take risks.

I mean it is very natural for every gambler or bettor to think about luck, have the desire to get that luck and continue to bet to take the chance of luck and for me it is very natural, the most important thing is to have full control over his gambling, such as gambling responsibly with a small amount that he can afford to lose. well, we all know that gambling is always about luck, so try every day or every week to gamble with small amounts to get luck It not matter, the most important thing is dont lose control.

making money from gambling is a bad thought but consider gambling to try your luck using a small amount to get something big when you are lucky it is not a problem.

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