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Author Topic: Luck and skill, which is more important for gambling success?  (Read 1011 times)
klidex
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November 12, 2023, 01:13:27 AM
 #41

I have the believe that success in gambling requires a mixture of luck and skill. This is opposed to some people that believe that gambling is entirely a game of luck and others who believe it is entirely a game of skill.

So I am tempted to inquire if skill is all that is needed to be successful in gambling or luck. Whichever be the option, which of them is the most important factor for gambling success?

In fact, both are quite important in success when gambling but it depends on what type of gambling game you are playing, if it's slots and lottery then all you need is luck but if it's card gambling and sports betting then what you need is skill and a little luck, I quite like sports betting and analysis before choosing a team Which one we choose is a must, and usually the team that is superior on paper will be the winner, but when I play slots I just rely on luck and punctuality.
I agree with you, the casino platform has many types of games and it depends on what type of game we play, slot and lottery games are games of chance and uncertainty, while betting on sports requires high skills and analysis because betting on sports is not an easy thing, however sports betting only brings us closer to a small fortune.
So my suggestion is that if your gambling goal is to have fun, maybe slot machines or other types of games that are not certain could be an option, but if your goal is to make money, sports betting could be an option, but you need accurate skills there.

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November 12, 2023, 01:17:12 AM
 #42

All over and over, gambling is all about luck. Yes, it can be both luck and skill on other occasions. For example, in other games or specific casino games, it yes requires skill because, of course, you can't play the game if you don't know the rules and don't have the skill to execute, but in all, you need luck in order to have, for example, good cards for poker, tongs, or in the card games in short. Lucky to have the provability of a slot machine.




So basically, gambling is all about luck and skill. Knowledge is just second to luck, but of course a mixture of luck and skill is important. You can't gamble relying on pure luck, like you can't play gambling if you don't know how it works; you just rely on luck. That's not it. So if you're a lucky person, then that's good for you, but if not, then better not start gambling, because I've known a lot of gamblers who are very skilled but don't have luck.

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November 12, 2023, 01:33:40 AM
 #43

Hi, OP #TBT Topic
Skills in traditional casino games have more to do with your ability to manage bets based on being able to be as close to the HE.
Consequently according to your abilities you are in a negative roi as close to 1%, o you achieve breakeven, or in green roi, hence those three states that are always fulfilled by the variance, and do not affect you is a fascinating skill.

Then in poker and BJ you can find that skills are preponderant to better adjust the profits.

But regardless of the scope of the game, variance governs your destiny, there is V+, V-.

 What is luck?
 Smiley

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November 12, 2023, 01:41:21 AM
 #44

I have the believe that success in gambling requires a mixture of luck and skill. This is opposed to some people that believe that gambling is entirely a game of luck and others who believe it is entirely a game of skill.

So I am tempted to inquire if skill is all that is needed to be successful in gambling or luck. Whichever be the option, which of them is the most important factor for gambling success?
This will depend entirely on the type of game you are playing, so if you like to play dice then whatever skill set that you may posses is irrelevant as it is impossible to beat a game like that in which you rely completely on your luck.

However if you are playing a game in which your skill can influence the results then your skill is the only thing that matters, now some argue that you also need luck even in those games but I disagree, as your skill level should be high enough to overcome any bad luck streak that it may come your way making your luck irrelevant.
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November 12, 2023, 01:53:49 AM
 #45

I have the believe that success in gambling requires a mixture of luck and skill. This is opposed to some people that believe that gambling is entirely a game of luck and others who believe it is entirely a game of skill.

So I am tempted to inquire if skill is all that is needed to be successful in gambling or luck. Whichever be the option, which of them is the most important factor for gambling success?
Same as you, I believe that luck and skills are both important in gambling, many of people always say that if you won a huge amount, it's all about luck but as per the winner, they build a unique strategy on how to achieve winning. One factors that helps them to get the big money while losing minimal value is their Self/emotional control and wise decisions.



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November 12, 2023, 02:15:46 AM
 #46

I have the believe that success in gambling requires a mixture of luck and skill. This is opposed to some people that believe that gambling is entirely a game of luck and others who believe it is entirely a game of skill.

So I am tempted to inquire if skill is all that is needed to be successful in gambling or luck. Whichever be the option, which of them is the most important factor for gambling success?
The skill involved in gambling is more in the knowhow of how casinos work itself, how the house edge works, and maybe a bit of bluffing when it comes to card gamers like poker/black jack. Other than that, they're mostly skill really. This is why you can see how some people just have absolute luck with themselves but no skill still making money off of gambling since no matter what, the majority of what gambling is part of is mostly luck, not skill. Skill would mostly be involved if you've been playing for a long time. It can even be called tricks instead of skills really. Anyone that says otherwise is just smoking some weird ass coping mechanic right there.

R


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November 12, 2023, 02:26:08 AM
 #47

I have the believe that success in gambling requires a mixture of luck and skill. This is opposed to some people that believe that gambling is entirely a game of luck and others who believe it is entirely a game of skill.

So I am tempted to inquire if skill is all that is needed to be successful in gambling or luck. Whichever be the option, which of them is the most important factor for gambling success?

Improve your skills, and let luck come to you. Luck may provide a small boost, especially if you're betting consistently, but what truly matters is skill. Consistency is the key to profitability. I don't understand why some believe that luck is the primary factor for winning. If that were the case, one could simply play the lottery, hit the jackpot, and be done with gambling since the winnings are substantial.

For punters seeking gradual and sure success, the skills we develop serve as our weapons to achieve that success.

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November 12, 2023, 02:27:28 AM
 #48

I have the believe that success in gambling requires a mixture of luck and skill. This is opposed to some people that believe that gambling is entirely a game of luck and others who believe it is entirely a game of skill.

So I am tempted to inquire if skill is all that is needed to be successful in gambling or luck. Whichever be the option, which of them is the most important factor for gambling success?

I think gambling is more about luck. Because there are many people who spend their money to get a big win but they never get it, and not just one person I see like this. Even though they have lost a lot of money but they don't get the victory, they have seen that what they are fighting against is the bookie's machine that has been set up in such a way as to produce for the bookie. I'm just saying that if they bet with a large value it will make their money run out quickly and vice versa, suppose they bet with a small value but if they are lucky they might win big, but even if they bet with a high value if they are not lucky it will run out in the end.

And many do not realize gambling is made to make money for the bookie, not to give money to the players. Even though there will be winnings they get it's just a lure for the bookie to make the players more interested in gambling. And skills in my opinion are more dominant towards the player, will the player play with wise skills, or self-control skills when playing, and others. So in my opinion when talking about gambling it is more about luck.

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November 12, 2023, 05:18:27 AM
 #49

Both. You'll need not only luck but also skill. Although I think gambling pure luck based. Because when betting on games and slots and rounds, there is a 50/50 possibility of either winning or lossing. But by betting if you mean sports betting like football, cricket, horse riding or wrestling these is a chance to bet based on skills. If you analyse which team is strong, which team has the best players, which teams has the most winning then, there can be a possibility. That's not just pure luck but good analysis.
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November 12, 2023, 05:21:33 AM
 #50

I have the believe that success in gambling requires a mixture of luck and skill. This is opposed to some people that believe that gambling is entirely a game of luck and others who believe it is entirely a game of skill.

So I am tempted to inquire if skill is all that is needed to be successful in gambling or luck. Whichever be the option, which of them is the most important factor for gambling success?
It depends on the type of gambling, in some parts, it's only luck that matters, and in some, it's skills, knowledge, and experience that make the biggest difference. In gambling games, you don't need skills and no skill, experience or knowledge can make you win. On the other hand, in sports betting, luck doesn't have that big of an influence on the results, it's your knowledge and experience about the sport you are betting on that can make you win a higher number of bets.

So, those who say that gambling is all about luck, are not wrong, but those who say skills and knowledge matter in gambling, are also right because they are referring to a different gambling scenario and type. So, both arguments are correct in their places, and we should understand this simple fact.

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November 12, 2023, 05:32:26 AM
 #51

If you ask me that question my answer will be both luck and skill needed for in case of face profit gambling.  I don't want to say the word success because it should be only profit success word should be used on those sector where a person did hard-work and after that he get the success. So now if I talk about luck and skill then these two things are connected to each other in the sector of gambling. So for profit these two are equally important to me

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November 12, 2023, 08:02:52 AM
 #52

I have the believe that success in gambling requires a mixture of luck and skill. This is opposed to some people that believe that gambling is entirely a game of luck and others who believe it is entirely a game of skill.

So I am tempted to inquire if skill is all that is needed to be successful in gambling or luck. Whichever be the option, which of them is the most important factor for gambling success?
Where or which games are you using skills on in gambling? The only place to apply your skills is your risking strategy, how much you can afford to lose, there is no skills to apply anywhere else, not in sports because you aren't the one to play the games yourself on the field, you are going to rely on someone else.

Gambling is too less about skills and more about your luck, do not make people believe this skill side because you will just end up becoming a addicted gambler, the more you accept that gambling is all about luck the less you will believe in it, and it's for the better.

You will be able to take risks on gambling only when you can, you will have small expectations from gambling because it's all about luck and you will end up becoming a health gambler, those who are addicted to gambling takes it way serious than everything else in their lives, the believe they have is what makes them fall for gambling addiction.

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November 12, 2023, 08:11:08 AM
 #53

Depends on the game.
If you are playing live poker then skill is definitely needed. If you are playing a casino game then you are playing against the house so what you need is luck.
Poker on the other hand needs some luck too so yes it's a skill base for bluffing and other methods to deceive your opponent and luck base if you get a good hand or for the flop, the turn, and the river to be on your side.

Skill is important because it can bring you anywhere. Luck on the other hand comes and goes. So I think both are needed but I still prefer those who have more skills because they play wiser than anyone.

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November 12, 2023, 08:20:33 AM
 #54

Where or which games are you using skills on in gambling? The only place to apply your skills is your risking strategy, how much you can afford to lose, there is no skills to apply anywhere else, not in sports because you aren't the one to play the games yourself on the field, you are going to rely on someone else.

In sports betting you can only check the past performances of the player or the team. This is the only advantage we have over the gambling games but this data does not guarantee that players will show the same performance on the day and on the game that we are betting. Gamblers sometimes feel satisfied that they have bet on the strong team but we never know if it is a bad day for that strong team and they may lose the game, and therefore we lose the bet.   Sad


Gambling is too less about skills and more about your luck, do not make people believe this skill side because you will just end up becoming a addicted gambler, the more you accept that gambling is all about luck the less you will believe in it, and it's for the better.

Yes, there is no skill in gambling expect money management skill. I would still suggest people that they should learn about money management before they think of gambling as this will help them a big deal on saving their money.

You will be able to take risks on gambling only when you can, you will have small expectations from gambling because it's all about luck and you will end up becoming a health gambler, those who are addicted to gambling takes it way serious than everything else in their lives, the believe they have is what makes them fall for gambling addiction.

Being realistic about gambling is the most important thing that all gamblers should know especially the new ones. People will show dreams to the gamblers that they can get rid of their poverty and all their financial problems by playing gambling and they may share the success stories of the gamblers too. The gamblers need to listen to the other side of the stories that how much money did they lost before winning jacktpots. Also they need to know about those gamblers who are still on the losing side and yet to make big win from gambling. This may help them not getting into xtreme gambling which is termed as gambling addiction.

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November 12, 2023, 08:36:02 AM
 #55

I have the believe that success in gambling requires a mixture of luck and skill. This is opposed to some people that believe that gambling is entirely a game of luck and others who believe it is entirely a game of skill.

So I am tempted to inquire if skill is all that is needed to be successful in gambling or luck. Whichever be the option, which of them is the most important factor for gambling success?
Both are needed, and luck will play a very important role when we play games based on luck because skill is not needed but will be inversely proportional to skill games of course you will have a greater chance of winning if your skills are at a better level and luck will only increase your chances of winning and make your win more often.
And people who say luck is the main thing because they play games based on luck and their statements are not wrong because they are based on their experience, Likewise, when someone says that skill is really needed rather than because he is playing a game that really requires skill.

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November 12, 2023, 08:42:25 AM
 #56

I have the believe that success in gambling requires a mixture of luck and skill. This is opposed to some people that believe that gambling is entirely a game of luck and others who believe it is entirely a game of skill.

So I am tempted to inquire if skill is all that is needed to be successful in gambling or luck. Whichever be the option, which of them is the most important factor for gambling success?

This question is a technical one which I look to say they are both dependent of each other because one must first be skillful at least to know how to predicts and also draw conclusion from their previous matches before s/he can go into betting. At this point skill plays a crucial roles after that we can talk of luck, luck is the possibility of one to win or lose after doing all analysis s/he needs lucks to win the game otherwise he can just be wasting his funds to play without winning despite being skillful. Let me just say luck is the finisher of it because I have red some story where someone used $0.1 to win about $55k this is skill plus luck at same time so, they are both essential for someone to have in order to become a successful gambler. Though I can't go into details since I am also a novice at this section of gambling.

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November 12, 2023, 08:57:10 AM
 #57


I'd say it's a bit of both, but it depends on what you're playing, generally the basic principle of gambling is luck.. As a previous user suggested, you'll need some knowledge to play poker or sports betting; you need to know your teams and their performances. Other games, such as dices, slots, roulette (this sits somewhere in the middle as well in terms of tactics), and so on, I'd say it's pure luck, like the majority of them out there. So I don't think there's much to do in terms of skills in gambling unless you're into sport betting, such as football or basketball, and start learning more about the involved teams, or is willing to take up poker, or other card games.
Right now everyone including beginner gambler should know that any game where you do not need to read up or think up any strategy and requires you to push, pull or click on a button without doing any other thing is basically a game of luck. However if they need to do their homework and develop a certain strategy to win at the game where their effort determines the result to a degree then it is a game of skill.

Humans want to be in control of their outcome. They do not like to leave it to fate. Even so in gambling, any veteran gambler will tell you that skill bets luck in gambling. More times than not a players win in Poker or any other skill based game is because of the work they put in and not luck.

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November 12, 2023, 09:28:37 AM
 #58

I have the believe that success in gambling requires a mixture of luck and skill. This is opposed to some people that believe that gambling is entirely a game of luck and others who believe it is entirely a game of skill.

So I am tempted to inquire if skill is all that is needed to be successful in gambling or luck. Whichever be the option, which of them is the most important factor for gambling success?
I think I will answer the same as most people that skill clearly has a big chance of supporting success both in gambling and other aspects. If in gambling you have the ability to play cards, for example, this will really support you to continue to improve and hone it as best as possible with the right techniques and teaching. There are even special card learning classes out there with all the techniques provided. I believe that skill will be more useful than relying on luck. Because luck cannot be predicted, while skill when playing, calculating the probability of winning can still be predicted. In this case, the game is not slot based but more like a card game.

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November 12, 2023, 09:34:35 AM
 #59

I have the believe that success in gambling requires a mixture of luck and skill. This is opposed to some people that believe that gambling is entirely a game of luck and others who believe it is entirely a game of skill.

So I am tempted to inquire if skill is all that is needed to be successful in gambling or luck. Whichever be the option, which of them is the most important factor for gambling success?

Luck is more important in the long term. Because gambling is not a skill which you can learn. There are some strategies which will make you win in the long run but these strategies are often banned by the casinos. (ev betting, arbitrage betting etc) So that means you can't really train yourself to win most of the time. You are either lucky or you are not. If you want to generate a reliable income, gambling should be the last thing you look into. Find your self a job, make investments or build a business. Any of them better than gambling. Gambling is just a fun habit and should stay that way. If you still insist on making money from gambling at least be the house, build a casino. As a player your options are pretty limited.

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November 12, 2023, 09:38:37 AM
 #60

Luck and skill aren't the factors to achieve success in gambling, gambling is success when you has a self control.

Self control is the most important because you can't make money through casino, in the end you will lose if you keep gambling. The money you make from the casino is just a "temporary profit", you need to looking back about the money you spent from the first time you try to gamble.

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