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Author Topic: Luck and skill, which is more important for gambling success?  (Read 1011 times)
swogerino
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November 21, 2023, 01:53:07 PM
 #161

I have already said my view but I want to summarize it in a much better way.If you have luck by your side,skill is definitely not needed at all,as long as luck is by your side you are guaranteed to keep consistent profit over the long term and it is exactly when luck runs out that everything starts to grey out and become darker and darker without it.Based on this I would say definitely at 100% being sure that luck is much more relevant not only on luck relying games like slot machines but also in sport betting or poker where skill is involved.You can be as skillful as you want to find good matches to bet on,it only takes a referee to ruin them all for you.

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November 21, 2023, 02:12:33 PM
 #162

Those which may like to enjoy some level of success when they gamble have no other option but to try skilled based games, and this is because as attractive as it can be to win in the games in which we rely on our luck completely, since we do not need to do anything in order to win, it is also true we have no control whatsoever over the outcomes we may get by choosing this route, meaning we have to discard it and choose the only option left over the table that allows us to have some control over our gambling outcomes.
If they try skill-based gambling games without having the skills to play them, they will have difficulty winning them. Even people who are skilled at playing them also don't have a big chance of winning. Maybe some people feel hopeless seeing that they can't win even a small amount of money and that is because their luck doesn't come when they gamble. He should be able to realize this after gambling for a while. When he realizes it, he should be able to stop gambling because if he continues gambling, he could experience a lot of losses, especially if he loses control of himself. Those who lose gambling will usually have the desire to recover their losses or at least be able to break even so that the losses are not too big. If it were easy, of course, many gamblers would have succeeded in getting it, but the reality is that the number of gamblers who lose is increasing.

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November 21, 2023, 02:29:17 PM
 #163

~
Both skill and luck is important you need skill to set up a bet and luck to win because a newbie placing a bet without proper understanding of how to select games might just be the bettor wasting their money because of the lack of skill. And luck  needed to be prayed for. And another thing about skill is that it will get to a point where you have to pull put of some game, if not for that you will end up losing every money.
Yes, as much as you want to believe in luck, my point still stands that it's out of your control. I get what you're on to about luck but boy you defended your point so bad because I don't see how you're trying to poke holes in my argument that luck isn't a thing that you need to have with gambling. Sure you can pray all you want but like all prayers out there, it's going to fall in deaf ears my guy. The lack of skill can be honed meanwhile luck isn't something that can't be quantified, we just don't have the proper explanation for it with the combination of probability and so we just go for luck.
~
I will strongly disagree that luck is not needed but skill. If that is the case then their will not be no any lose but even the so called professional gamblers are still losing good money talk more of relying on skill alone. Gambling have put smile on people's face and the same time have broken plenty of hearts, so what ever any point anyone is going with should be left that way.
A skill is something that you can improve, you can't improve your luck even if I say it's a real thing. Do you believe that if you get them horsehoes and four leaf clover, it will improve your luck? Of course the pros are still losing money, it's gambling, the skill part doesn't mean that you've got the game by the balls, there's things that's out of their hand and what game are these pros are you talking about because if it's not something like blackjack or poker, I would be laughing at you.
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November 21, 2023, 02:56:54 PM
 #164

Of course both are the most important because gambling is a game of probability, so luck and skill are really needed.

I actually often pay attention to people who only gamble using luck alone, to be honest they will definitely lose, they don't know that the skill factor also influences winning when gambling.
Of course you are right, gambling requires both luck and gambling skill. If you have enough skill in gambling but if your luck does not favor you then you will lose the gambling game and if you only depend on luck then you will surely lose your gambling game. Skill in gambling helps you to take right decisions while luck helps you to win in gambling. Gambling skill is the first and very important step because if we make a mistake in the beginning we will lose the gamble even if luck is in our favor. So first we have to make the right decision then it is a game of luck. If we lose a gamble even after making the right decision, we have to accept that our luck was not helping us that day and try again later but with the right decision.

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November 22, 2023, 01:39:12 AM
 #165

Based on the many experiences that I have or have encountered, being able to produce success from gambling is influenced by luck even then because of the jackpot and there are also those who have skills that have the potential to participate in various gambling tournaments such as poker or other card games.
But being able to get success from gambling is not something that is done on purpose because no one can ever definitely get success when gambling.
Instead of thinking about how to be successful from gambling, it better to think about how to have big business and also earn lot of money all the time, that way we can have lot of money and gamble just for fun.
The percentage of success in gambling is only one in thousand so forget about success from gambling.

I have already said my view but I want to summarize it in a much better way.If you have luck by your side,skill is definitely not needed at all,as long as luck is by your side you are guaranteed to keep consistent profit over the long term and it is exactly when luck runs out that everything starts to grey out and become darker and darker without it.Based on this I would say definitely at 100% being sure that luck is much more relevant not only on luck relying games like slot machines but also in sport betting or poker where skill is involved.You can be as skillful as you want to find good matches to bet on,it only takes a referee to ruin them all for you.
Indeed luck can bring victory, but is there anyone who can get luck more consistently to produce consecutive wins?
No one will be able to have consistent luck because luck is temporary and comes unexpectedly so gambler can only rely on ability in every game or bet in the hope that luck will come.
Maybe luck is more relevant but gambling without skills is just the same as throwing away money for nothing, I understand luck is important but not everything has to do with luck.

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November 22, 2023, 03:01:55 AM
 #166

I have already said my view but I want to summarize it in a much better way.If you have luck by your side,skill is definitely not needed at all,as long as luck is by your side you are guaranteed to keep consistent profit over the long term and it is exactly when luck runs out that everything starts to grey out and become darker and darker without it.Based on this I would say definitely at 100% being sure that luck is much more relevant not only on luck relying games like slot machines but also in sport betting or poker where skill is involved.You can be as skillful as you want to find good matches to bet on,it only takes a referee to ruin them all for you.
I have a different view when it comes to sports betting but I am not taking out the reality that somehow we need a bit of luck there.
We don't when a player will be in his off night, we can just only hope that they will keep on playing their average game but there will be times when they are not in any condition to do so.
This is where luck comes in. The wish is for someone will step up and bring his A-game even though he is just a backup or a bench warmer. When that happens and somehow I still win my bet, I consider that a lucky chance.

In casino games though, it's difficult to have consistent luck, there will always be a time that the gambling site will take back what we have won because that is how it is made in their system. They won't just let us walk away holding a lot of money. We will be greedy and try to win more that's when we will actually lose. I think I have made a number of bets enough to prove that. At the end of the day we will just lose if we cannot control ourselves and withdraw that one multi-win from our good luck.

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November 23, 2023, 08:59:19 AM
 #167

- I believe that skills play a more crucial role than luck in gambling or any other field.
That can be said about sportsbetting and only a few gambling games such as Poker. What about other types of gambling? Skill is needed everywhere but the outcome of most gambling is not depending on your luck factor for sure.

Interestingly, I just read a post on this forum discussing the use of mathematical skills to win in gambling. You can check it out here: https://bitcointalk.org/index.php?topic=5474432.0
That's about Poker, and Poker is generally categorized as a skill-based game.

- Gambling is a game based on probability, and if you can calculate the probabilities, the chances of winning are high.
How do you suggest one calculates the probabilities in games like slots, dice, and crash, etc.? Theoretically you can calculate but in real life your mathematical skills may not help you while you are in gambling rush.

Luck, on the other hand, is just a secondary factor. If you lack skills, then, of course, luck becomes the most important factor for you!  Grin
Not really, apart from a few games and regions of gambling, luck is the most important thing and one cannot win anything if they are unlucky. Luck even influences the results in sports betting sometimes. You can always see some minor team winning against the favorites.

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November 23, 2023, 12:45:42 PM
 #168

Of course both are the most important because gambling is a game of probability, so luck and skill are really needed.

I actually often pay attention to people who only gamble using luck alone, to be honest they will definitely lose, they don't know that the skill factor also influences winning when gambling.
Of course you are right, gambling requires both luck and gambling skill. If you have enough skill in gambling but if your luck does not favor you then you will lose the gambling game and if you only depend on luck then you will surely lose your gambling game. Skill in gambling helps you to take right decisions while luck helps you to win in gambling. Gambling skill is the first and very important step because if we make a mistake in the beginning we will lose the gamble even if luck is in our favor. So first we have to make the right decision then it is a game of luck. If we lose a gamble even after making the right decision, we have to accept that our luck was not helping us that day and try again later but with the right decision.
Skills in gambling can help us to have a greater chance of winning than usual, but without luck, it will not be easy for us to win. Actually, these two things are interconnected, especially in skill-based gambling games, because if we can play the gambling game but we are not lucky, we will have difficulty winning. And even if we lose that game, we can still win another game. But if it is a luck based game, we will never be able to win if we don't have luck, and that is why many people experience huge losses in luck based gambling games. And if we are asked which is more important, luck or skill, it depends on what gambling game we are playing, so the answer will definitely be different.
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November 23, 2023, 04:42:43 PM
 #169

Of course both are the most important because gambling is a game of probability, so luck and skill are really needed.

I actually often pay attention to people who only gamble using luck alone, to be honest they will definitely lose, they don't know that the skill factor also influences winning when gambling.
Of course you are right, gambling requires both luck and gambling skill. If you have enough skill in gambling but if your luck does not favor you then you will lose the gambling game and if you only depend on luck then you will surely lose your gambling game. Skill in gambling helps you to take right decisions while luck helps you to win in gambling. Gambling skill is the first and very important step because if we make a mistake in the beginning we will lose the gamble even if luck is in our favor. So first we have to make the right decision then it is a game of luck. If we lose a gamble even after making the right decision, we have to accept that our luck was not helping us that day and try again later but with the right decision.

Even if those who are experienced in gambling in my opinion do not guarantee that they will easily get a win which of course everyone knows that victory in gambling is difficult to get. Even if they are beginners who have just gambled but are lucky, they can get a big win because of the luck that favors them, the skill that I think is the way they play, if they play with emotions, most likely they will get the final result with defeat. and this has happened by itself not easy to avoid.

In my opinion, in gambling games, it is more about luck, even though they play with origins, if luck favors them, it will make them win, and vice versa, if luck is not in their favor but they play nicely, it will result in defeat. So I think luck plays a bigger role in gambling.

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November 23, 2023, 04:50:43 PM
 #170

- Gambling is a game based on probability, and if you can calculate the probabilities, the chances of winning are high. To achieve that, you need skills. Luck, on the other hand, is just a secondary factor. If you lack skills, then, of course, luck becomes the most important factor for you!  Grin

Luck is just like an added advantage when we talk about gambling; skill, as you have stated, is one of the primary factors that one needs in order to have a higher chance of winning. In games like crash landing, ring of fortune, or any other form of game where the player must depend solely on luck, those are the places we can say skill is not important.
 
But for the part like football or poker, which requires skills and calculation, even when you say luck is always on your side, if you don't calculate the possible outcome of the game, you might end up always losing unless luck happens and you choose a game that will play, and that could also be considered a coincidence and that doesn't always happen, and if you are the type that depends on that, then you are likely to be on the losing side always.

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November 23, 2023, 05:14:45 PM
 #171

You can be as skillful as you want to find good matches to bet on,it only takes a referee to ruin them all for you.

I concur with this. There are some matches that referee is the one that could determine what happens in there with his card serving it to less favourite side. Some times also some matches are allowed to go on despite the time running far inside added time just to allow a favourite side an advantage to scoring a leading goal or an equalising goal. It is all about luck for that gambler who has the ticket in his hand but never a partaker of the match.

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November 23, 2023, 05:16:59 PM
 #172

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?
 Well, it depends on what type of games you are betting. If you go for luck based games like roulette and slots, obviously you need to acquire luck before you are expected to win, but there are things you can do to boost the odds of winning. However, if you go for skill-based games like poker and blackjack, skills are highly needed but luck should also favor you so you can successfully win from your bet.

However, if you gamble with luck and skills, that will be your edge from winning your bets. Gambling is certainly pure luck, but having skills create a high advantage to boost the odds of winning.

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November 23, 2023, 06:54:27 PM
 #173

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.
Luck is just luck. You'll never know when you might be lucky and when you might be unlucky. As of skill it is also needed when gambling. An unskilled gambler would surely fall. Yeah, self control in the most important of all. Without will you'll fall deep. To know when to gamble and when not to is the most crucial part. Many of gamblers doesn't have this and hence they becomes an addict.
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November 23, 2023, 07:49:39 PM
 #174

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?
 Well, it depends on what type of games you are betting. If you go for luck based games like roulette and slots, obviously you need to acquire luck before you are expected to win, but there are things you can do to boost the odds of winning. However, if you go for skill-based games like poker and blackjack, skills are highly needed but luck should also favor you so you can successfully win from your bet.

However, if you gamble with luck and skills, that will be your edge from winning your bets. Gambling is certainly pure luck, but having skills create a high advantage to boost the odds of winning.
Luck is not something that you can acquire or do anything to influence its appearance, if you get it on your side then good for you as you may get some profits during that period of time, however as we know the odds are against us when we are gambling at any casino, so given enough time regardless of how lucky a person may believe themselves to be, eventually their luck will take a turn for the worse and they will give back any money they may have won during that lucky streak.
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November 23, 2023, 08:09:07 PM
 #175


Luck is not something that you can acquire or do anything to influence its appearance, if you get it on your side then good for you as you may get some profits during that period of time, however as we know the odds are against us when we are gambling at any casino, so given enough time regardless of how lucky a person may believe themselves to be, eventually their luck will take a turn for the worse and they will give back any money they may have won during that lucky streak.

The luck to the gambler is the most expected one by the gambler in gambling.The luck influence the gambling once the gambler had good luck,So the gambler had the possibility of making the jackpot or big win with that luck to the gambling.The gambler who face the bad luck most of the time get away from the gambling,if the bad luck was occupy the gambler at the initial stage.This leads to he gambler to get away the gambling at the initial stage,they get some bad feeling towards the gambling.So the gambler should understand the gambling was the game,it had both win and loss to the game.No one can predict the luck in the gambling and outcome of the gambling involvement in the future.The gambler even become the millionaire using the gambling.
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November 23, 2023, 08:17:26 PM
 #176

I have already said my view but I want to summarize it in a much better way.If you have luck by your side,skill is definitely not needed at all
This is the best answer here, if someone has luck, it helps them to automatically make a step that most skilled player would make. 99% of games on casino are luck based, only 1% are a combination of luck and skill. 100% skill based games are chess but I have never seen them on any online casino except velocitychess and people weren't gambling there because many were using bots.
In overall, I want to say that if anyone wants to beat dice, slots or any luck based game, strategy isn't going to help them, skill isn't going to help them, only luck is going to help them. Only luck can beat luck. That's why newbies usually win in casino.

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November 23, 2023, 10:06:11 PM
 #177

There are certain types of games which are considered skill based, where obviously the outcome is not entirely random and having specialized knowledge will give you an advantage over other players.

For non-skill based games, the outcome is entirely probabilistic and there is not much a player can do to affect their results. There can be strategies which may minimize your losses for a while and there are also strategies which may come with a higher upside potential but there is also more risk. In the end there is no definitive method for beating the house because their entire business depends on them having an advantage over players. Despite these disadvantages gambling is still enticing because according to probability there will always be a chance that some people will win massively.

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348Judah
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November 23, 2023, 10:13:05 PM
 #178

Of course both are the most important because gambling is a game of probability, so luck and skill are really needed.

I actually often pay attention to people who only gamble using luck alone, to be honest they will definitely lose, they don't know that the skill factor also influences winning when gambling.
Of course you are right, gambling requires both luck and gambling skill. If you have enough skill in gambling but if your luck does not favor you then you will lose the gambling game and if you only depend on luck then you will surely lose your gambling game. Skill in gambling helps you to take right decisions while luck helps you to win in gambling. Gambling skill is the first and very important step because if we make a mistake in the beginning we will lose the gamble even if luck is in our favor. So first we have to make the right decision then it is a game of luck. If we lose a gamble even after making the right decision, we have to accept that our luck was not helping us that day and try again later but with the right decision.

We just have to go for the two because they are all very important, sometimes one cannot exist without the help of the other, if we look closely to how gambling is, we will noticed that none of the two can go without having the impact of the other for it to succeed for our own benefits, even when we realized that we are the type of gambler that could need gambling for having fun for this purpose, we will still need one of the two to achieve our goal with gambling.

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November 23, 2023, 11:43:32 PM
 #179

I have already said my view but I want to summarize it in a much better way.If you have luck by your side,skill is definitely not needed at all,as long as luck is by your side you are guaranteed to keep consistent profit over the long term and it is exactly when luck runs out that everything starts to grey out and become darker and darker without it.Based on this I would say definitely at 100% being sure that luck is much more relevant not only on luck relying games like slot machines but also in sport betting or poker where skill is involved.You can be as skillful as you want to find good matches to bet on,it only takes a referee to ruin them all for you.

Well, nothing beats a gambler with a sense of responsibility and moderation.  Although skill and luck are essential for winning, gambling moderation and responsible gambling are essential to keep the gambling lifestyle healthy.  We cannot say we are successful gamblers if we fall into gambling addiction, can we?  Even if we win in all our gambling sessions, if we get addicted to gambling,  I believe we are still a loser.

For me, a successful gambler is a balance of everything.  Finance, sanity, and control.  Luck and skill can help greatly with finance while responsible gambling and moderation can deal with maintaining sanity and control.

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November 24, 2023, 01:19:55 AM
 #180

However, if you gamble with luck and skills, that will be your edge from winning your bets. Gambling is certainly pure luck, but having skills create a high advantage to boost the odds of winning.
I was thinking that luck is not something you control, it just happens. I see some contradictions in your statements. You first stated there are luck based games as well as skill based games. If you come around with the statement that gambling is pure luck, it because a case of inconsistency. I actually find your first argument very convincing because I have the feeling that skill is important in gambling even though luck play a major role.

Luck is not something that you can acquire or do anything to influence its appearance, if you get it on your side then good for you as you may get some profits during that period of time, however as we know the odds are against us when we are gambling at any casino, so given enough time regardless of how lucky a person may believe themselves to be, eventually their luck will take a turn for the worse and they will give back any money they may have won during that lucky streak.
Does this mean that even with luck on one's side, the casinos will always win? Do you think there are no people who have made fortune from casinos? I don't think I agree with you because there are people who have won millions of dollars from casinos who may have invested the money properly, they will not give them back to the casinos even if they experience the worst of bad luck.

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