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Author Topic: Is gambling all about luck?  (Read 6398 times)
coin-investor
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September 25, 2023, 01:07:12 PM
 #81

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 summarized it all, it's a big risk if your mindset in gambling is all about making money because, in reality, the probability of losing money in gambling is very high gambling platforms online or offline are platforms for entertainment and not for making money yes there are who show their winnings to brag but this is a show-off and before they reach that winning they already bet 10 times or maybe more of their winning.

Obsessive gamblers are like that they show off when they win a big amount forgetting the amount of money they've lost they feel good showing off their winning and keep secret their losses because they are in denial that they cannot make money from gambling.

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September 25, 2023, 01:11:18 PM
 #82

I think casino games are 100% dependent on luck. But betting on sports organizations is based on analysis of current data. Therefore, betting on sports organizations is based on knowledge rather than luck. I bet on sports organizations because I don't trust my luck too much. However, I can't say that I always win. Because I always feel that I need a little bit of luck. Sometimes I get lucky and win, sometimes I get unlucky and lose, but I find it more consistent to bet on sporting events.

We should be realistic. When there's a house edge, no one can win consistently using their skills, or at least they will lose in the long run. That's why games are divided into luck-based and skill-based categories. If your game belongs to the luck-based type, it's pretty obvious that you can only win when you are lucky.

The question is, will you risk gambling if that's your only chance? You know, casinos or the house do not rely on luck; they rely on their advantage.
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September 25, 2023, 01:32:25 PM
 #83

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 would agree that gambling is not a good option to make money but wondering why many people love to gamble. It is probably because they saw gambling is a tool to make money instantly if they got lucky and this kind of mindset can't easily be changed because many people prove it. In fact, Even though we know that many gamblers have suffered losses, the numbers are increasing instead of expecting to decline.
Well, talking about luck in gambling, absolutely but it was not just luck, it also knowledge especially if you are in card games and sports betting.
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September 25, 2023, 02:44:21 PM
 #84

I think casino games are 100% dependent on luck. But betting on sports organizations is based on analysis of current data. Therefore, betting on sports organizations is based on knowledge rather than luck. I bet on sports organizations because I don't trust my luck too much. However, I can't say that I always win. Because I always feel that I need a little bit of luck. Sometimes I get lucky and win, sometimes I get unlucky and lose, but I find it more consistent to bet on sporting events.
Luck certainly plays an important role in gambling, especially for sports betting sites, but if a gambler places bets through data analysis and adequate resources, he can be much ahead of winning. Many times it turns out that even after doing enough data analysis and research, gambling still results in losing, while some gamblers rely on luck only to win. This does not mean that gambling has to rely entirely on luck. I think that gambling has to be luck but good analysis and research will increase the chances of winning. Different games depend on luck and skill. So we have to rely on both of the two things.

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September 25, 2023, 03:40:51 PM
 #85

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 would like to agree with you, considering gambling as an earning source is nothing but madness. Now to answer your question, yes, if it is asked whether gambling depends only on luck, then the primary answer would be this.
But some common facts work here, such as there are many types of gambling, here people may not be skilled in all cases. In this case, if they go gambling without experience, it's already depends on luck. In that case, the chance of losing will go double. Especially in the case of sports gambling, it is a fact that those who have more knowledge about sports, who keep information about the performance of a player, have more chances of winning in sports betting. But in the end there will be only one answer that is gambling it's all about luck.

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September 25, 2023, 04:25:15 PM
 #86

I think casino games are 100% dependent on luck. But betting on sports organizations is based on analysis of current data. Therefore, betting on sports organizations is based on knowledge rather than luck. I bet on sports organizations because I don't trust my luck too much. However, I can't say that I always win. Because I always feel that I need a little bit of luck. Sometimes I get lucky and win, sometimes I get unlucky and lose, but I find it more consistent to bet on sporting events.

For sports betting, I don't blame him because in this bet both knowledge and information are very decisive factors for someone to be able to win a sports bet.
However, are you sure that the casino is 100% dependent on luck?
Because I speculate that almost completely relying on luck is only the type of gambling game that uses machines such as slots and random number games such as togel. As for table games such as card gambling, this does not only talk about luck but in playing it requires knowledge and playing tricks in order to beat opponents and get bets.

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September 25, 2023, 05:44:08 PM
 #87

I think casino games are 100% dependent on luck. But betting on sports organizations is based on analysis of current data. Therefore, betting on sports organizations is based on knowledge rather than luck. I bet on sports organizations because I don't trust my luck too much. However, I can't say that I always win. Because I always feel that I need a little bit of luck. Sometimes I get lucky and win, sometimes I get unlucky and lose, but I find it more consistent to bet on sporting events.
Luck certainly plays an important role in gambling, especially for sports betting sites, but if a gambler places bets through data analysis and adequate resources, he can be much ahead of winning. Many times it turns out that even after doing enough data analysis and research, gambling still results in losing, while some gamblers rely on luck only to win. This does not mean that gambling has to rely entirely on luck. I think that gambling has to be luck but good analysis and research will increase the chances of winning. Different games depend on luck and skill. So we have to rely on both of the two things.
In sports betting, we also need luck because even though we have analyzed it well, there is still a possibility that the direction of the match can change in the opposite direction. And that will make us lose at the end of the game. But if we are lucky, we will win the game and get some money. But we also know that many gambling games depend on luck rather than analysis because games such as slots and dice depend on luck. I agree that it will depend on what gambling game we are playing, so it will not always be based on luck because there is an analysis that gamblers will use to be able to win.

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September 25, 2023, 06:39:14 PM
 #88

Not everyone has the same luck. At least not while gambling. The games in gambling are created in such a way that the luck will never be the same for everyone. And yes, gambling is all about luck and that is the way the games are created. It will always be a 50/50 chance in gambling. And it doesn't matter how many times you do it. The odds are always going to be random.

Even in sports betting. You can do some analysis based on past performance. The chances could be high if you can predict it right. But then again, it's going to be a 50/50 chance. So in the end, it all comes down to luck.

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September 25, 2023, 06:56:49 PM
 #89

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 really like gambling because it can give me more pleasure and sensation when playing it, so I haven't been able to completely give up gambling, but if I take a break for a while I think I can do that.
Because I can't leave gambling, what I need to do is to continue to minimize the level of losses in the gambling that I do and continue to increase the chances of getting a win in the gambling that I do, because if I just hope for luck, I don't know when it will come. then this will only make me lose money. So in gambling, apart from relying on luck, I think we also need to continue to increase the winning ratio by continuing to increase our knowledge and skills in gambling.

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September 25, 2023, 07:41:52 PM
 #90

I think casino games are 100% dependent on luck. But betting on sports organizations is based on analysis of current data. Therefore, betting on sports organizations is based on knowledge rather than luck.

So let's say you bet on MMA and you have something like this:

And while the fight will most likely go the distance, bookies.com points out that Fiziev's elite defence with 90% takedowns, and standing, puts him as the more effective and more powerful and, although Gamrot is a tough fighter who has never been finished, 'Ataman' is more likely to come out on top.

...and bookies were paying -155 if you bet on Fiziev.

Then the more experienced fighter breaks a leg half way through the fight. Wasn't that luck (or lack of it)?
No knowledge could prepare you for that. It's still luck!
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September 25, 2023, 07:45:13 PM
 #91

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.

Sportsbook gambling is not just luck, we must have game analysis and statistics, so that those who have good analytical skills are more likely to win their bets. Gambling that relies on luck is table gambling and slot machines, we cannot predict anything, only luck works here

Apart from luck, controlling emotions is also important so that we don't get greedy when we get a big win. Greed is the cause of lose, I often experience it

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September 25, 2023, 08:03:13 PM
 #92

Your chances of winning from betting are more than your chances of winning in casoino and slot games. The algorithm already works for the site to win. It also earns you, but they don't say in vain that the cashier always wins in such games. Of course, we can say that our luck is also an option as an extra for us to win in such games.

 
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September 25, 2023, 08:19:59 PM
 #93

Being a good gambler is not just about luck. Luck obviously plays a role in gambling outcomes, being skilled, knowledgeable and strategic can greatly enhance your chances of success.

Good gamblers understand the odds, manage their bankroll wisely and make informed decisions, based on their understanding of the game. They also know when to walk away and avoid chasing losses.

By combining a bit of luck with skill and smart decision making, you can increase your chances of being a successful gambler.

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September 25, 2023, 08:37:06 PM
 #94

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.

There is a lot of "luck" in gambling, I mean it is the inherent nature of it that you are always weighing up your odds and facing the ultimate risk of losing your entire bet if those odds go against you. If you think you have any sort of control in the unskilled games you find in casinos - like electronic slots - then you have already lost and luck is the only thing that might bring you a slight bit of comfort. Most people do not capitalize off their good luck however and return any money gained back to those same casinos. The only chance you have is finding a skilled game or being able to accurately pick odds that sportbooks have mispriced, but they are also very good at their job and always improving on it.

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September 25, 2023, 08:41:51 PM
 #95

Gambling is not entirely about luck, there is a place for skill and psychology. Even though some persons might doubt it, if you don't have the skills and psychology to manage your gambling portfolio, the chances are high that you will eventually get wiped out. Habits like increasing staked amount after serious of losses,  quiting for the day or a certain period after major wins and many others are skills and psychological preparedness that have nothing to do with luck.

Being a good gambler is not just about luck. Luck obviously plays a role in gambling outcomes, being skilled, knowledgeable and strategic can greatly enhance your chances of success.
This is the crux of this discussion.  There is some form of luck but that is not all there is to success in gambling. To be successful and consistent in gambling, you must be disciplined enough to have rules that you miss must follow religiously. These rules will enable you cut your looses while maximising your profits.

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September 25, 2023, 08:49:02 PM
 #96

It mostly is luck, that's how I see it, although it's one of these threads where we can't really be sure, rather say what our gut is telling us.

A good poker player will tell you that it's all about skill and experience, although you can continue to get bad cards and be forced to either fold, or bluff each round. Since you're forced to bet every round, it's going to cost you, so luck plays an important role.
Some people say sports bets are based on skill, but what if a star player has a bad day. We've seen it more than once. Rhonda Rousey was 12-0 in the UFC and people thought she was going to be the champion for a long time and then she lost 2 fights in a row and retired. Who would have thought?

You can't predict many things in gambling so experience, calmness, good money management can help, but they're just pieces that make the whole.

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September 25, 2023, 09:15:23 PM
 #97

No one should gamble because they are looking for ways to to make money and choose gambling. What that will end it is addiction and further loss of money.

This is the irony of life! Truth is everyone is gambling because they are looking are looking for money; in fact immorally (we all know gambling is wrong way of life) gambling is a fast way to get rich and get rekt quicker too. What can gamblers do?

Gamblers need to believe in OP; Because gambling is all about luck, by doing that you overcome desperation.
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September 25, 2023, 09:17:05 PM
 #98

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.

It is not about making cash from gambling, which is totally bad, but to rely on it and take it as your source of income is where the problem comes. However, it is very bad to rely on gambling. One needs to gamble responsibly without thinking of making money from it because when you think that you will start gambling to make money from there, you will start being lazy to work on a normal basis that you normally earn a living. However, winning in gambling every time is impossible and can never be done, so sometimes one must lose twice before winning a single ticket in gambling, whatever the type of casino you use.

Quote
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.

To me, winning in gambling is luck because it's all about prediction, and when we say something, prediction means we are talking about it; we think it may go as we said, but we are not sure of it, but if the result comes out as we said, it’s luck. The same thing is true in gambling: we predict a game, hoping that it will be as we want but not 100% sure of it. So you can see that the risk in gambling is only in football. I think someone should check the performance of both teams before placing the game so he will know who is on the losing side. But the other one is that we just predict and wait for the result of the game.

Being a good gambler is not just about luck. Luck obviously plays a role in gambling outcomes, being skilled, knowledgeable and strategic can greatly enhance your chances of success.

Sure. Someone must be knowledgeable about the specific type of game they want to stake on, how they have been performing, and other necessary things. Even though luck works more in gambling, we still need the skills and knowledge of how to do it to protect us from losing all the time. Because what is affecting some gamblers is this analysis that they lack; they just go into a betting shop and place a bet. I see those types of people on my side. People always lose in gambling, and winning is not much like when you have knowledge about what you are doing.

R


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September 25, 2023, 09:28:43 PM
 #99

A lot of the casino games are luck.  Inherently all gambling has some degree of luck.  Games like poker much less since ypu can dictate what hands you play and how to play them.  Then there is blackjack type games where you need to make good decisions to gain a better series of luck related outcomes.  The better decisions the better chance you get lucky.  And then there are things like slots which is pure luck since it's all randomized.  More luck that's required the less chance you will make any sort of money on that game. 
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September 25, 2023, 09:35:30 PM
 #100

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.

It is not about making cash from gambling, which is totally bad, but to rely on it and take it as your source of income is where the problem comes. However, it is very bad to rely on gambling. One needs to gamble responsibly without thinking of making money from it because when you think that you will start gambling to make money from there, you will start being lazy to work on a normal basis that you normally earn a living. However, winning in gambling every time is impossible and can never be done, so sometimes one must lose twice before winning a single ticket in gambling, whatever the type of casino you use.

Quote
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.

To me, winning in gambling is luck because it's all about prediction, and when we say something, prediction means we are talking about it; we think it may go as we said, but we are not sure of it, but if the result comes out as we said, it’s luck. The same thing is true in gambling: we predict a game, hoping that it will be as we want but not 100% sure of it. So you can see that the risk in gambling is only in football. I think someone should check the performance of both teams before placing the game so he will know who is on the losing side. But the other one is that we just predict and wait for the result of the game.

Being a good gambler is not just about luck. Luck obviously plays a role in gambling outcomes, being skilled, knowledgeable and strategic can greatly enhance your chances of success.

Sure. Someone must be knowledgeable about the specific type of game they want to stake on, how they have been performing, and other necessary things. Even though luck works more in gambling, we still need the skills and knowledge of how to do it to protect us from losing all the time. Because what is affecting some gamblers is this analysis that they lack; they just go into a betting shop and place a bet. I see those types of people on my side. People always lose in gambling, and winning is not much like when you have knowledge about what you are doing.
Gambling is for pure entertainment nothing less on which it would really be just that normal that we would really be aiming up something since gambling could really give out that kind of probability on winning big.
The main aim on why people do gamble is to make that quick profits or bucks without even trying out to realize that its never been that simple and its never been that ideal on making it some sort of income
on which there are people who do really treat up that way even though it do really looks that having no sense on doing so but there are actually people who do have that kind of treatment on which it
isnt really that something recommendable. We do gamble for entertainment and if we are lucky then we do win up some amounts but if not then its a total loss. Dont chase up your losses because
this is where problem do start or begins is on which on the time that you are spending more than on what you can afford to lose.
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