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Author Topic: Is gambling all about luck?  (Read 4859 times)
Mia Chloe
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January 26, 2024, 10:12:55 PM
 #681

I would say it depends but the truth is all gambling games still have a percentage of its possible win or loss dedicated to luck.when we make gambling stakes, we hope on winning but the truth is there is always a chance of losing. Aside the fact that all gambling games still require a fraction of luck , they don't all depend equally on luck. Some include things like experience, statistics and even proper analysis which some are just fully luck based.
Take soccer predictions for example with statistics and analysis you can raise your winning odds higher making luck to be more on your side.

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January 26, 2024, 10:35:55 PM
 #682

I would say it depends but the truth is all gambling games still have a percentage of its possible win or loss dedicated to luck.when we make gambling stakes, we hope on winning but the truth is there is always a chance of losing. Aside the fact that all gambling games still require a fraction of luck , they don't all depend equally on luck. Some include things like experience, statistics and even proper analysis which some are just fully luck based.
Take soccer predictions for example with statistics and analysis you can raise your winning odds higher making luck to be more on your side.

Of course there is absolutely no difference from one game to another in gambling, the point is that if the type of game is available in the casino and involves money as a condition for betting then obviously the game has the possibility as you say between winning or losing, the final session will answer everything whether it will match what most gamblers want in terms of victory or just the opposite and the answer at the end of the session really depends on luck at that time, if it turns out that you win then it means you are lucky or vice versa. One of the reasons why gambling relies on luck is that all gamblers would not be averse to winning but isn't it the case that sometimes the outcome is not what is expected, right? Of course and the reason is that there is absolutely no certainty that can guarantee anyone to win in one of their sessions.

On the other hand I understand what you are saying about sports betting that indeed we can apply knowledge and skills to help us get closer to winning, but in the end you still need luck to determine and ensure, sometimes it is not uncommon for strong teams to lose to weak teams because of mistakes on the field, and isn't this unexpected, right? Obviously and therefore we need to be responsible and wise gamblers, meaning that if you do manage to get a win in one of your sessions then the best option is to "cash out early", you realize that getting a win is not easy and therefore you need to enjoy it when the situation comes rather than applying greed and chasing bigger amounts that are not necessarily successful.

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January 26, 2024, 11:22:00 PM
 #683

I would say it depends but the truth is all gambling games still have a percentage of its possible win or loss dedicated to luck.when we make gambling stakes, we hope on winning but the truth is there is always a chance of losing. Aside the fact that all gambling games still require a fraction of luck , they don't all depend equally on luck. Some include things like experience, statistics and even proper analysis which some are just fully luck based.
Take soccer predictions for example with statistics and analysis you can raise your winning odds higher making luck to be more on your side.
Of course, not every gambling game purely depends on the luck. Some gambling games depend on the skills or ability. Poker is the example of gambling game which depends on the skills or the ability of gamblers. If you only expect to win it through your luck, you will never win Poker. You must take time to learn how to play effectively to win in Poker, too. So besides the ability/skills, Poker also requires proper strategy to play it.

If you talk about stats or analysis, I assume you want to describe betting. Betting still relies on the luck although we can increase the chance to win by analyzing some factors. If we bet on the football match, we must analyze the current performance of the teams. We also must understand the quality of the players of the each team.



https://www.forbes.com/sites/forbesbusinesscouncil/2022/08/09/the-skill-based-gaming-opportunity/?sh=5f43fdf62234


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January 27, 2024, 12:18:40 AM
 #684

I would say it depends but the truth is all gambling games still have a percentage of its possible win or loss dedicated to luck.when we make gambling stakes, we hope on winning but the truth is there is always a chance of losing. Aside the fact that all gambling games still require a fraction of luck , they don't all depend equally on luck. Some include things like experience, statistics and even proper analysis which some are just fully luck based.
Take soccer predictions for example with statistics and analysis you can raise your winning odds higher making luck to be more on your side.
Of course, not every gambling game purely depends on the luck. Some gambling games depend on the skills or ability. Poker is the example of gambling game which depends on the skills or the ability of gamblers. If you only expect to win it through your luck, you will never win Poker. You must take time to learn how to play effectively to win in Poker, too. So besides the ability/skills, Poker also requires proper strategy to play it.

If you talk about stats or analysis, I assume you want to describe betting. Betting still relies on the luck although we can increase the chance to win by analyzing some factors. If we bet on the football match, we must analyze the current performance of the teams. We also must understand the quality of the players of the each team.



https://www.forbes.com/sites/forbesbusinesscouncil/2022/08/09/the-skill-based-gaming-opportunity/?sh=5f43fdf62234


So in essence gambling does not only depend on luck. maybe I could say luck is only 40%. the rest is beyond the luck factor starting from analyzing game data, how we master gambling games, and gambling experience. So if you just rely on luck, I think you will lose more if you keep gambling. It's best if you are lucky to get a small win, just stop playing at that time.

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January 27, 2024, 01:01:38 AM
Last edit: January 27, 2024, 01:12:02 AM by borovichok
 #685

So in essence gambling does not only depend on luck. maybe I could say luck is only 40%. the rest is beyond the luck factor starting from analyzing game data, how we master gambling games, and gambling experience. So if you just rely on luck, I think you will lose more if you keep gambling. It's best if you are lucky to get a small win, just stop playing at that time.


Gambling solely depends on luck. The high-risk and unpredictable nature of gambling has subjected it to an enterprise of luck. However, the fact that it is a game of luck doesn't mean that background analysis of the games is not necessary. But then, those who are into football betting will agree that week in and week out, there is always upset caused by mostly big teams. A team that will be very difficult to foresee them losing. This is where a thin line is drawn between skill or experience and luck. In that instance, only luck can guarantee winning and not experience or skill because even with experience it cannot be foreseen but a gambler can be lucky to have avoided the match.

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January 27, 2024, 01:31:38 PM
 #686

the house does indeed always win. As to why? It's all about control and setting the rules. Life, like gambling, is about setting your own 'house' (your mind, your rules). There you win. Strategy? Important, yes. However, it's more about knowing the game and yourself. No boxing bout with fate, but a dance with chance

Come on, talk about gambling fun. Human nature, yes? Aiming for pleasure. The real high is knowing when to leave. That's the secret. Gambling should be like drinking great wine, not weak lager. The experience, thrill, and play matter more than the win. The casino lights tell us about life, limitations, and excess. Yes, gamble, but do it professionally with a clear head, a full heart, and the fortitude to quit before the house gets you
The house is the one that owns the business, and that is why it is difficult for gamblers to beat the house even though gamblers can win in some gambling games. But the house will still get more money from the gamblers because many gamblers don't want to give up and understand the situation.

Yes, human nature is to seek pleasure and gambling is one of the pleasures they can get even though they can get pleasure from other things. But apparently, gambling attracts more of their attention because of the possibility of winning and lots of money, so that's what makes more and more people want to try to win. And if we already know that gambling is just entertainment, we should also use gambling properly so that we won't get into trouble from gambling. When we can use gambling as entertainment, we will not exceed our limits in gambling so we will not lose more money.

The only ones who do make money is into those people who are the ones who had been running the casino but for those who do play? then for sure you are really that in losing side.
This is why it would really be that best that you should really know on when to get in and on when to get out when you are already that in losing state or getting out on the time that you are profiting.
It is really just that people are really that too not mindful about their actions and this is why they do really end up on getting wrecked because they had just missed out on doing the rightful thing.
It is really just that there are people who are really that too greedy towards gambling and this is why they do really mess up themselves through it.
Those who own casinos are the ones who make money, while the gamblers cannot all make money. More people experience defeat and thus lose their money, but that doesn't stop them from continuing to gamble because they still hope to win. Those who gamble must also know when to quit gambling before it is too late and before all their money is used up gambling. But only a few people can really stop themselves from gambling, while others will continue gambling.

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January 27, 2024, 06:21:29 PM
 #687


If there's such thing about those exploits and ways on beating up the house or being profitable then gambling business would not be able to survive.
Reality check on which we do see the different thing. This is why it would really be that best that you should really know on when to get out when you are in profits and
then play according into yourself when seeking for fun and not for money. Gambling is really that purely based on luck, even if we do say that we are really that
playing those strategic based on which there's no assurance that you would really able to win if luck isnt there.

Yes and that is why most of these topics where someone asks whether gambling is luck or whether there is a specific game that someone can use a special strategy for to always win, in reality don't make any sense.

First of all, if there was such a game and the casinos would notice an exploit that was legally used by a player or several players, they would remove or change the game immediately.

But secondly, if someone knew a game and knew a strategy to have an over 50% guaranteed win rate, why would that player ever share the strategy online with the community? Wouldn't ever player make use of that loophole for as long as possible without the trick getting detected? The best way to do that would be to keep the impact for a casino minimal. Hence these discussions would never lead to anyone getting effective advice online.

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January 27, 2024, 06:22:49 PM
 #688

I would say it depends but the truth is all gambling games still have a percentage of its possible win or loss dedicated to luck.when we make gambling stakes, we hope on winning but the truth is there is always a chance of losing. Aside the fact that all gambling games still require a fraction of luck , they don't all depend equally on luck. Some include things like experience, statistics and even proper analysis which some are just fully luck based.
Take soccer predictions for example with statistics and analysis you can raise your winning odds higher making luck to be more on your side.

Of course there is absolutely no difference from one game to another in gambling, the point is that if the type of game is available in the casino and involves money as a condition for betting then obviously the game has the possibility as you say between winning or losing, the final session will answer everything whether it will match what most gamblers want in terms of victory or just the opposite and the answer at the end of the session really depends on luck at that time, if it turns out that you win then it means you are lucky or vice versa. One of the reasons why gambling relies on luck is that all gamblers would not be averse to winning but isn't it the case that sometimes the outcome is not what is expected, right? Of course and the reason is that there is absolutely no certainty that can guarantee anyone to win in one of their sessions.

On the other hand I understand what you are saying about sports betting that indeed we can apply knowledge and skills to help us get closer to winning, but in the end you still need luck to determine and ensure, sometimes it is not uncommon for strong teams to lose to weak teams because of mistakes on the field, and isn't this unexpected, right? Obviously and therefore we need to be responsible and wise gamblers, meaning that if you do manage to get a win in one of your sessions then the best option is to "cash out early", you realize that getting a win is not easy and therefore you need to enjoy it when the situation comes rather than applying greed and chasing bigger amounts that are not necessarily successful.
Risk assessment is taught in finance. Apply to gambling? It becomes a probability study, not a luck prayer. Every dice roll and card dealt teaches statistics. Sports betting requires knowledge and ability, so your nod is appropriate but incomplete. Predicting the winner requires knowledge of the market, betting psychology, and odds. An investment in knowledge with a variable return, not a gamble

Supporting healthy gambling is about moderation and knowing that every wager is a decision, informed or not. Encouragement to "cash out early" shows the discipline needed to manage gambling's stormy seas without drowning

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January 27, 2024, 06:29:17 PM
 #689

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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January 27, 2024, 06:40:16 PM
 #690

I would say it depends but the truth is all gambling games still have a percentage of its possible win or loss dedicated to luck.when we make gambling stakes, we hope on winning but the truth is there is always a chance of losing. Aside the fact that all gambling games still require a fraction of luck , they don't all depend equally on luck. Some include things like experience, statistics and even proper analysis which some are just fully luck based.
Take soccer predictions for example with statistics and analysis you can raise your winning odds higher making luck to be more on your side.
Gambling isn't all about luck because as a gambler, you must learn how to be efficiently strategic in your gambling activities in other to increase your chances of winning your stakes but we must also not shy away from the fact that the result of ones gambling is mostly affected by how lucky he can be in his gambles.

For instance, there was this particular form gambling that requires anyone who wants to gamble on it to be well experienced in it as well as to be very strategic in other to be able to win it. But there was a day someone who haven't engaged in it before joined us to gamble and ended up winning more than any other person including the most experienced and strategic of us all. That was the day I came to terms with the fact that gambling requires more of luck than experience to get winnings.

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February 08, 2024, 11:47:41 PM
 #691

I would say it depends but the truth is all gambling games still have a percentage of its possible win or loss dedicated to luck.when we make gambling stakes, we hope on winning but the truth is there is always a chance of losing. Aside the fact that all gambling games still require a fraction of luck , they don't all depend equally on luck. Some include things like experience, statistics and even proper analysis which some are just fully luck based.
Take soccer predictions for example with statistics and analysis you can raise your winning odds higher making luck to be more on your side.
Gambling isn't all about luck because as a gambler, you must learn how to be efficiently strategic in your gambling activities in other to increase your chances of winning your stakes but we must also not shy away from the fact that the result of ones gambling is mostly affected by how lucky he can be in his gambles.

For instance, there was this particular form gambling that requires anyone who wants to gamble on it to be well experienced in it as well as to be very strategic in other to be able to win it. But there was a day someone who haven't engaged in it before joined us to gamble and ended up winning more than any other person including the most experienced and strategic of us all. That was the day I came to terms with the fact that gambling requires more of luck than experience to get winnings.
Depends actually on what kind of gambling  you are currently dealing with on which we know that there are indeed two types which is luck based and strategic based. It would really be just
that depending on what you are doing but of course luck would really be always a determining factor whether you would really be losing or winning on which it would be always that important.
The thing here you should really be having in mind is to make out those realizations whether you would really be needing to stop completely or would really be able to proceed on.
You should really just that play for fun and not for money because once you do have this kind of approach then this is where things do becomes shit.


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February 08, 2024, 11:58:49 PM
 #692

I would say it depends but the truth is all gambling games still have a percentage of its possible win or loss dedicated to luck.when we make gambling stakes, we hope on winning but the truth is there is always a chance of losing. Aside the fact that all gambling games still require a fraction of luck , they don't all depend equally on luck. Some include things like experience, statistics and even proper analysis which some are just fully luck based.
Take soccer predictions for example with statistics and analysis you can raise your winning odds higher making luck to be more on your side.
Gambling isn't all about luck because as a gambler, you must learn how to be efficiently strategic in your gambling activities in other to increase your chances of winning your stakes but we must also not shy away from the fact that the result of ones gambling is mostly affected by how lucky he can be in his gambles.

For instance, there was this particular form gambling that requires anyone who wants to gamble on it to be well experienced in it as well as to be very strategic in other to be able to win it. But there was a day someone who haven't engaged in it before joined us to gamble and ended up winning more than any other person including the most experienced and strategic of us all. That was the day I came to terms with the fact that gambling requires more of luck than experience to get winnings.

Gambling requires luck, but not all the time. As you said some new gamblers can win big right in front of other experienced gamblers who are struggling for a win. However, analysis work fine, but not always. Those who predict games using different form of analyzing tools or research, still end up losing. But, since a lucky person can't keep on winning, with his truckload of lucks, then gambling has no certain criterion for winning. A lucky person can be struggling to get a win. So, it's not a thing to bother about whether one requires luck or not. With the luck the win is not guaranteed. To win, one needs to be steadfast, and know his ways around the game he loves playing. Given time he'd win and make some profits. It also requires timing, if the gambler is good at knowing the way the machine works, he can take advantage of it. That's for the offline casino.

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February 09, 2024, 04:38:24 AM
 #693

Many people think that gambling is a matter of luck in winning any bet. In my opinion, gambling depends on you yourself in determining the choices you want to play. Because gambling doesn't just rely on luck, but gambling also requires skills that you actually use in the game, so it will be very easy for you to make a profit in your bets. However, you need to remember that gambling carries a huge risk of losing money. Never judge that luck is always present in every gambling, because if you rely on luck it will definitely make you regret it later.
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February 09, 2024, 07:45:04 AM
 #694

Many people think that gambling is a matter of luck in winning any bet. In my opinion, gambling depends on you yourself in determining the choices you want to play. Because gambling doesn't just rely on luck, but gambling also requires skills that you actually use in the game, so it will be very easy for you to make a profit in your bets. However, you need to remember that gambling carries a huge risk of losing money. Never judge that luck is always present in every gambling, because if you rely on luck it will definitely make you regret it later.

There is really no other thing needed except really great luck in gambling.You may think that it also depend on your choices and I assume you talk about sport betting or poker,yet in sport betting it is always the referee present who can make your choice go wrong by explicitly favoring a specific team over the other,so the only real game I think which gives your skills a chance is only poker as 80% of the cases is decided by your skills and 20% is the luck in the cards you receive.

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Popkon6
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February 09, 2024, 08:05:38 AM
 #695

Snip

It is true that gambling does not depend only on luck, experience and strategy and not being addicted, all these aspects a person who observes self-sufficiently can definitely benefit from gambling. Gambling experience and risk taking are definitely possible to win when betting on gambling. Generally in gambling if I am addicted to gambling all the time without taking any risk then surely there is a possibility of loss, because gambling needs to exist.

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traderethereum
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February 09, 2024, 09:33:06 AM
 #696

Snip

It is true that gambling does not depend only on luck, experience and strategy and not being addicted, all these aspects a person who observes self-sufficiently can definitely benefit from gambling. Gambling experience and risk taking are definitely possible to win when betting on gambling. Generally in gambling if I am addicted to gambling all the time without taking any risk then surely there is a possibility of loss, because gambling needs to exist.
Yes, you are right. But at least gambling requires luck to win besides the things you mentioned.
Many gamblers don't understand this, so they don't study it and just place bets based on other people's predictions. But that means it will depend on the type of gambling game because if they gamble in luck-based gambling games, they really depend on their luck.
And it has become something that often happens where someone will continue to gamble if they have reached the stage of addiction. There is nothing else that concerns them apart from gambling so we must be able to avoid this for our own good too.
EarnOnVictor
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February 09, 2024, 11:31:03 AM
 #697

Many people think that gambling is a matter of luck in winning any bet. In my opinion, gambling depends on you yourself in determining the choices you want to play. Because gambling doesn't just rely on luck, but gambling also requires skills that you actually use in the game, so it will be very easy for you to make a profit in your bets. However, you need to remember that gambling carries a huge risk of losing money. Never judge that luck is always present in every gambling, because if you rely on luck it will definitely make you regret it later.
We can say of both the luck in gambling and also of the work of the person in gambling, so it is a two-way thing for those who can think better. Luck is good and we can't remove it from gambling, it is such that will happen in some particular games before you can win from them whether you like it or not, you will just be the victim of that good circumstance and you will win easily. It is of the best deed for us to learn and believe we can win in casinos, but without luck in some cases, our efforts will be in futility.

A good example is in Slot games and many others. But in such like sports betting, you do not need luck before you can win, you need your experience and good speculative efforts and instincts, and you will be right most times. Such who are planning their first getting very well will know that they win more through good work/effort and not solely on luck just like what we need in most casinos.

For these, we can say that luck exists in gambling but not in all cases as some people might think or believe.

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Gormicsta
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February 09, 2024, 11:45:38 AM
 #698

Snip

It is true that gambling does not depend only on luck, experience and strategy and not being addicted, all these aspects a person who observes self-sufficiently can definitely benefit from gambling. Gambling experience and risk taking are definitely possible to win when betting on gambling. Generally in gambling if I am addicted to gambling all the time without taking any risk then surely there is a possibility of loss, because gambling needs to exist.
Yes, you are right. But at least gambling requires luck to win besides the things you mentioned.
Many gamblers don't understand this, so they don't study it and just place bets based on other people's predictions. But that means it will depend on the type of gambling game because if they gamble in luck-based gambling games, they really depend on their luck.
And it has become something that often happens where someone will continue to gamble if they have reached the stage of addiction. There is nothing else that concerns them apart from gambling so we must be able to avoid this for our own good too.

The only aspect of gambling that really doesn't require luck are those games that requires a person to use his IQ or require mathematical calculations to win, then, the person's winning doesn't depend on luck but on his skill, knowledge and experience. Games such as card games, card games depends on the player's level of skill and not on mere luck. But if it's other games such as slot games, soccer, football, basketball and others, you need luck more than you need skills.
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February 09, 2024, 03:13:55 PM
 #699

Snip

It is true that gambling does not depend only on luck, experience and strategy and not being addicted, all these aspects a person who observes self-sufficiently can definitely benefit from gambling. Gambling experience and risk taking are definitely possible to win when betting on gambling. Generally in gambling if I am addicted to gambling all the time without taking any risk then surely there is a possibility of loss, because gambling needs to exist.
Yes, you are right. But at least gambling requires luck to win besides the things you mentioned.
Many gamblers don't understand this, so they don't study it and just place bets based on other people's predictions. But that means it will depend on the type of gambling game because if they gamble in luck-based gambling games, they really depend on their luck.
And it has become something that often happens where someone will continue to gamble if they have reached the stage of addiction. There is nothing else that concerns them apart from gambling so we must be able to avoid this for our own good too.
Luck is crucial, especially in chance games. Recreational gaming is close to addiction. Too many ignore this, lured by the next big win. A delicate tango with fortune demands awareness and discipline.

Moderation and awareness are crucial to enjoying gaming, in my experience. Luck is uncontrollable, but odds and methods can help. I recommend pleasant gaming that balances risk and responsibility. This is about the experience, not the result.

Addiction prevention is crucial. I've always seen gambling as amusement, not a solution to life's problems. You must keep a healthy perspective and know when to stand back. For luck-based games to remain fun and spontaneous, safe gambling must be promoted.

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February 09, 2024, 04:16:35 PM
 #700

Yes, Gambling is mainly for the rich and lucky mind because  prediction is all about luck and predicting without funds betting  can not  strive, actually gambling  is for the rich in gambling  staking power matters, in gambling one needs to work hard so he or she can financially  strong.

Gambling leads  to richness most of the because you stake with  low funds and gain huge funds.

So to my own opinion gambling are mainly  for the  rich and luck mind.
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