Luck: a dominant factor in gambling then skill.

[pawanjain]

In this regard, we as players know very well that dice games are very good for applying many strategies,  I am very fond of this , because since I started in the world of gambling, the first thing I started to look at are dice games and yes, it is very simple, dice are pure luck , those strategies that we pick and win are that, luck at the right time, what I do not advise when Playing dice is that you apply the martingale, that is the only thing.

I guess you have lost a lot using martingale strategy too. It's such an easy strategy to execute right.
At the same time, we can say that it is the shortest way to lose money.
We just double up our bet in the hope to win but we keep losing more than double in every round.

[stompix]

That's not true... If the ratio and percentage were to be that small, people won't win that often, neither will anyone conjoin a set of small odd to secure a win. So, it's definitely a 70 - 30%

What has the luck to do with the ratio of people winning?
If we toss a coin and 1 million people bet each time in the end there will be half winners half losers, you can do that by tossing 1 million or 1 trillion, there will be no skill, and the end result will be that on average everyone has lost just as much as he has won.

Besides, what skill would you apply to win in slots for example? Or in dice?
It's actually a serious question, if you think any sort of skill would influence the outcome by 30% then share it with us, I can tell you by simple math that such a percentage would make all of us winners.

Every game that has a pre-generated result ready the moment you push the button is 100% luck.

In my opinion, luck plays no role in sports betting and card games.

Depends, I can give you one hell of an example, two years ago, there was a horse race that I put a bit of money on it, thinking nothing could go wrong, yet my horse, a grade 1 winner totally flopped the start, he was like 10 lengths down, but in the last furlong caught them all only to get spooked by a bird 50 yards and dropped his jockey who managed to hang on him for nearly 40 yards but fell 10 yards from the line. If this isn't luck or bad luck more like, I don't know what it is.

As I said, in casino games it's 100% luck, in sports, it's still half of it, sometimes things that are simply out of this realm happen.

[KiaKia]

Everything in gambling depends on peoples outcome.

If you apply a strategy and you start winning you will think the strategy works and that's why you are winning, if anyone talk about lucks beside you it is possible you will shun then or tell them that gambling isn't about luck.

What such people don't realize until later is that luck plays a bigger role in gambling, they always find out the hardest way later, probably when they lose everything and they found out that those old winnings were all based on luck.

They are lucky and they don't just realize it.

[Accardo]

In this regard, we as players know very well that dice games are very good for applying many strategies,  I am very fond of this , because since I started in the world of gambling, the first thing I started to look at are dice games and yes, it is very simple, dice are pure luck , those strategies that we pick and win are that, luck at the right time, what I do not advise when Playing dice is that you apply the martingale, that is the only thing.

I'll leave dice games for Mathematicians, because of their formula for solving which dice is fair or manipulated. While it's luck-based, you'll have to consider if you're dealing with a fair dice. I need to know about the online settings. But, dice manufacturers have a way of constructing it not to hit a 6 or a specific number for some time. The probability for solving whether a dice is fair can be found in this stack topic.

[Sim_card]

In this regard, we as players know very well that dice games are very good for applying many strategies,  I am very fond of this , because since I started in the world of gambling, the first thing I started to look at are dice games and yes, it is very simple, dice are pure luck , those strategies that we pick and win are that, luck at the right time, what I do not advise when Playing dice is that you apply the martingale, that is the only thing.

I'll leave dice games for Mathematicians, because of their formula for solving which dice is fair or manipulated. While it's luck-based, you'll have to consider if you're dealing with a fair dice. I need to know about the online settings. But, dice manufacturers have a way of constructing it not to hit a 6 or a specific number for some time. The probability for solving whether a dice is fair can be found in this stack topic.

I don't see dice game as an easy game because it is based on pure luck and no skills is needed. There are some games that skill can give little advantage on your win but that is not so with dice. It is hard to come up with any strategy that will work for you when gambling on dice games and slot game. One is gambling for fun and you don't need to solve any mathematics to win but you just need luck to hit the jackpot.

[Jody.Drummer]

Everything in gambling depends on peoples outcome.

If you apply a strategy and you start winning you will think the strategy works and that's why you are winning, if anyone talk about lucks beside you it is possible you will shun then or tell them that gambling isn't about luck.

What such people don't realize until later is that luck plays a bigger role in gambling, they always find out the hardest way later, probably when they lose everything and they found out that those old winnings were all based on luck.

They are lucky and they don't just realize it.

Luck cannot be ignored in gambling, those who bet using a strategy and succeed in winning will indeed think that the strategy used is accurate because it can produce victory, but when the strategy is used again it will not be able to make them win again and again, the fact is that luck still dominates. although some gambling games are determined partly and fully by the strategy they have, luck still plays a role so luck dominates in gambling.
You are right, most likely when they win, they will not realize that it is because of luck but because of the strategy they use. This is not realized by all gamblers, maybe only a few gamblers are aware that the victory they get is because of luck, not strategy.

[sompitonov]

Everything in gambling depends on peoples outcome.

If you apply a strategy and you start winning you will think the strategy works and that's why you are winning, if anyone talk about lucks beside you it is possible you will shun then or tell them that gambling isn't about luck.

What such people don't realize until later is that luck plays a bigger role in gambling, they always find out the hardest way later, probably when they lose everything and they found out that those old winnings were all based on luck.

They are lucky and they don't just realize it.

Luck cannot be ignored in gambling, those who bet using a strategy and succeed in winning will indeed think that the strategy used is accurate because it can produce victory, but when the strategy is used again it will not be able to make them win again and again, the fact is that luck still dominates. although some gambling games are determined partly and fully by the strategy they have, luck still plays a role so luck dominates in gambling.
You are right, most likely when they win, they will not realize that it is because of luck but because of the strategy they use. This is not realized by all gamblers, maybe only a few gamblers are aware that the victory they get is because of luck, not strategy.

I think that in order to understand that the strategy is profitable, the player needs to play several thousand bets, otherwise the sample will be insufficient and subject to a large random factor. For example, with 100 bets, you can’t think that our strategy is successful, although many players are blinded by the fact that they have come up with something brilliant and can now constantly earn money thanks to gambling. In any case, reasonable and calculating managers in the casino will not allow them to be beaten on a regular basis, because they are here so that players fill their pockets, and not vice versa.

[ethereumhunter]

I don't see dice game as an easy game because it is based on pure luck and no skills is needed. There are some games that skill can give little advantage on your win but that is not so with dice. It is hard to come up with any strategy that will work for you when gambling on dice games and slot game. One is gambling for fun and you don't need to solve any mathematics to win but you just need luck to hit the jackpot.

When we play dice game, we must realizes that dice game is one of gambling games that needs luck to win. We don't knows when we can win in dice game so what we must do is only controls our money and only use a small bet to prevent the big lose. We can forget the limitation because dice game can make us curious with the outcome but we can not expect to win in the next rounds because that will depends on our luck. Dice and slot game needs luck to win so we must be careful when playing those games so we can prevent the big lose that can comes anytime. Luck will be needed in gambling games but we also need skills in some gambling games based on the skills but still, we need to have luck to win in gambling games. And yes, we can only playing gambling for fun and doesn't need to thinks seriously about winning because winning will comes to you when the time is come.

[Sandra_hakeem]

What has the luck to do with the ratio of people winning?
If we toss a coin and 1 million people bet each time in the end there will be half winners half losers, you can do that by tossing 1 million or 1 trillion, there will be no skill, and the end result will be that on average everyone has lost just as much as he has won.

I never thought someone like you would argue on this...  
Do you think a casino would give a limited option, in favour of the gamblers?? How do y'all read? Tossing a coin would result in two options -- HEADS OR TAILS... and either of them could be representing a win or loss. But casinos have introduce other options, one of which could also have a greater advantage than the other.. e.g 12(either side to win) has an advantage over "1" (home win)
It's simply about how many users can align their simulations with the algorithm of the casinos and also, the odds for that particular week/session/season.

Every game that has a pre-generated result ready the moment you push the button is 100% luck.

I wasn't disputing that... I wasn't even talking about casino games... Sport betting is all I was trying to describe.

As I said, in casino games it's 100% luck, in sports, it's still half of it, sometimes things that are simply out of this realm happen.

like smaller teams defeating against a bigger team? It does happen all the time in premier League matches.

[Viscore]

In this regard, we as players know very well that dice games are very good for applying many strategies,  I am very fond of this , because since I started in the world of gambling, the first thing I started to look at are dice games and yes, it is very simple, dice are pure luck , those strategies that we pick and win are that, luck at the right time, what I do not advise when Playing dice is that you apply the martingale, that is the only thing.

I'll leave dice games for Mathematicians, because of their formula for solving which dice is fair or manipulated. While it's luck-based, you'll have to consider if you're dealing with a fair dice. I need to know about the online settings. But, dice manufacturers have a way of constructing it not to hit a 6 or a specific number for some time. The probability for solving whether a dice is fair can be found in this stack topic.

It's not necessary to question whether a dice game is fair or not because if you're playing in a reputable casino, you can trust that it's fair. However, that doesn't mean you'll win in the long run, as the house edge will eventually beat you, even if it's less than 1%. Of course, you can win with luck, but those wins are temporary; in the long run, we still lose. Questioning its fairness is one thing, but whether it's rigged or not, the outcome remains the same and that is we lose in the long run.

[carlfebz2]

I don't see dice game as an easy game because it is based on pure luck and no skills is needed. There are some games that skill can give little advantage on your win but that is not so with dice. It is hard to come up with any strategy that will work for you when gambling on dice games and slot game. One is gambling for fun and you don't need to solve any mathematics to win but you just need luck to hit the jackpot.

When we play dice game, we must realizes that dice game is one of gambling games that needs luck to win. We don't knows when we can win in dice game so what we must do is only controls our money and only use a small bet to prevent the big lose. We can forget the limitation because dice game can make us curious with the outcome but we can not expect to win in the next rounds because that will depends on our luck. Dice and slot game needs luck to win so we must be careful when playing those games so we can prevent the big lose that can comes anytime. Luck will be needed in gambling games but we also need skills in some gambling games based on the skills but still, we need to have luck to win in gambling games. And yes, we can only playing gambling for fun and doesn't need to thinks seriously about winning because winning will comes to you when the time is come.

People should really realize this so that they wont really be ending up on being that too serious or chasing up on being a winner when playing with these heavily luck needing type of games.
On the the main reason on why people do mess up their money or capital when playing gambling is that they do become that too desperate. On the time that they would really be playing then
this is the time that they are really expecting too much that they could really be able to take advantage against the house on which this is something a very bad way of thinking.
House do always win at the end and this is why its really that not recommended that you would really be trying out yourself to be a winner. Everything does really rely on luck and there's
no way that you could really be able to make yourself that having the advantage. So better not to make yourself having that kind of pursuing on making winnings.

[Fredomago]

In this regard, we as players know very well that dice games are very good for applying many strategies,  I am very fond of this , because since I started in the world of gambling, the first thing I started to look at are dice games and yes, it is very simple, dice are pure luck , those strategies that we pick and win are that, luck at the right time, what I do not advise when Playing dice is that you apply the martingale, that is the only thing.

I'll leave dice games for Mathematicians, because of their formula for solving which dice is fair or manipulated. While it's luck-based, you'll have to consider if you're dealing with a fair dice. I need to know about the online settings. But, dice manufacturers have a way of constructing it not to hit a 6 or a specific number for some time. The probability for solving whether a dice is fair can be found in this stack topic.

It's not necessary to question whether a dice game is fair or not because if you're playing in a reputable casino, you can trust that it's fair. However, that doesn't mean you'll win in the long run, as the house edge will eventually beat you, even if it's less than 1%. Of course, you can win with luck, but those wins are temporary; in the long run, we still lose. Questioning its fairness is one thing, but whether it's rigged or not, the outcome remains the same and that is we lose in the long run.

I guess without luck and without good control of your emotion will keep you lose in the long run, it's your greed that will create that intenstiy to keep aiming for more, but in the long run you'll jut going to lose it all as you unable to control your emotions and you'll try to keep pushing for more.

Though, if you wisely use your luck and quit your way while you still in a good run then the luck factor will keep your way in winning decent amount after making that hard stop.

[Strongkored]

Using iv4n experience below. Do you guys agree with this, that luck goes before skill/knowledge in gambling?

What is obtained by the forum members can be said to be luck but I'm sure of the many who won by mistake there are many more who are just the opposite but of course defeat is not a proud thing to be publicized.
Skills are also important in gambling but without luck skills can be useless but at least with skills showing us as knowledgeable gamblers not just gambling. Luck plays an important role in gambling but unfortunately it is not something that can be detected or calculated when you are lucky so you still need skills so that you can become a smart gambler because gambling is based on calculations not just randomly and when you are lucky you will get big.

[hedgeh0g]

I guess without luck and without good control of your emotion will keep you lose in the long run, it's your greed that will create that intenstiy to keep aiming for more, but in the long run you'll jut going to lose it all as you unable to control your emotions and you'll try to keep pushing for more.

Though, if you wisely use your luck and quit your way while you still in a good run then the luck factor will keep your way in winning decent amount after making that hard stop.

Control over emotions will certainly help us avoid big losses that could happen to us, but it does not guarantee that we will win more. Losing less is true, but in the end it all comes down to luck and if it wants, the lucky one who did not even know about the existence of any rules for controlling emotions will win the jackpot. It is still necessary to study and strive to study the different features of the game, because this will help us keep the winnings if they ever come to us.

[I_Anime]

I guess without luck and without good control of your emotion will keep you lose in the long run, it's your greed that will create that intenstiy to keep aiming for more, but in the long run you'll jut going to lose it all as you unable to control your emotions and you'll try to keep pushing for more.

Though, if you wisely use your luck and quit your way while you still in a good run then the luck factor will keep your way in winning decent amount after making that hard stop.

Control over emotions will certainly help us avoid big losses that could happen to us, but it does not guarantee that we will win more. Losing less is true, but in the end it all comes down to luck and if it wants, the lucky one who did not even know about the existence of any rules for controlling emotions will win the jackpot. It is still necessary to study and strive to study the different features of the game, because this will help us keep the winnings if they ever come to us.

It will be nice to try different features of games , but what about one stick with one first before trying others back then I was actually gambling with digital Currency , I was always playing spin the wheel, as time goes I began to understand some things about it , which also help me to minimize losses and same I endup winning alot due to being able to read the movement of the wheel to a certain extent but I still end up losing big time all because of greed , I remember depositing 0.05 and leaving with 0.2 BnB but at the end I made a mistake going all in because of greed and endup losing it all.

What am trying to say is that studying the game to a certain extent do help to reduce and minimize Risk.

[Lanatsa]

I guess without luck and without good control of your emotion will keep you lose in the long run, it's your greed that will create that intenstiy to keep aiming for more, but in the long run you'll jut going to lose it all as you unable to control your emotions and you'll try to keep pushing for more.

Though, if you wisely use your luck and quit your way while you still in a good run then the luck factor will keep your way in winning decent amount after making that hard stop.

Control over emotions will certainly help us avoid big losses that could happen to us, but it does not guarantee that we will win more. Losing less is true, but in the end it all comes down to luck and if it wants, the lucky one who did not even know about the existence of any rules for controlling emotions will win the jackpot. It is still necessary to study and strive to study the different features of the game, because this will help us keep the winnings if they ever come to us.

It will be nice to try different features of games , but what about one stick with one first before trying others back then I was actually gambling with digital Currency , I was always playing spin the wheel, as time goes I began to understand some things about it , which also help me to minimize losses and same I endup winning alot due to being able to read the movement of the wheel to a certain extent but I still end up losing big time all because of greed , I remember depositing 0.05 and leaving with 0.2 BnB but at the end I made a mistake going all in because of greed and endup losing it all.

What am trying to say is that studying the game to a certain extent do help to reduce and minimize Risk.

If you do speak about movement of the wheel or whatever kind of strategy that you are really that applying then i wont really be that believing that this is something that could be considered to be a solid strategy
specially if we do speak about luck based games on which there's no strategy that would work into it. It do really just that turns out that you would really be thinking up that there's always that possibility
that it could happen out to be effective on the time or moment that you are really that winning on which it would really be moulding up that kind of impression that it is really that working.
Luck factor would always be the main thing which considers out for yourself to be that winning up on any gambling game but we do know that when it comes to strategic ones then it would really be needing up that relevant skills and knowledge towards on the picks you are making or simply it is really that relevant on applying some analysis into it, on which this is something that you cant be able to do on luck based on which this is understandable. You would be able to find out the reality on the moment that you will really be playing gambling on which one of type you would be dealing on with on which here comes that realization that
you would be able to encounter along the way.

[Jody.Drummer]

Everything in gambling depends on peoples outcome.

If you apply a strategy and you start winning you will think the strategy works and that's why you are winning, if anyone talk about lucks beside you it is possible you will shun then or tell them that gambling isn't about luck.

What such people don't realize until later is that luck plays a bigger role in gambling, they always find out the hardest way later, probably when they lose everything and they found out that those old winnings were all based on luck.

They are lucky and they don't just realize it.

Luck cannot be ignored in gambling, those who bet using a strategy and succeed in winning will indeed think that the strategy used is accurate because it can produce victory, but when the strategy is used again it will not be able to make them win again and again, the fact is that luck still dominates. although some gambling games are determined partly and fully by the strategy they have, luck still plays a role so luck dominates in gambling.
You are right, most likely when they win, they will not realize that it is because of luck but because of the strategy they use. This is not realized by all gamblers, maybe only a few gamblers are aware that the victory they get is because of luck, not strategy.

I think that in order to understand that the strategy is profitable, the player needs to play several thousand bets, otherwise the sample will be insufficient and subject to a large random factor. For example, with 100 bets, you can’t think that our strategy is successful, although many players are blinded by the fact that they have come up with something brilliant and can now constantly earn money thanks to gambling. In any case, reasonable and calculating managers in the casino will not allow them to be beaten on a regular basis, because they are here so that players fill their pockets, and not vice versa.

However, I think there is no accurate strategy that can make us win continuously or consistently, as I said above with someone when gambling using a strategy and winning they will think that the victory that occurred was due to the strategy, even though if you look further I think it was because of luck that was on our side. there are also people who gamble using strategies and what happens is they lose, but when they are addicted and are at a time like that what will be done after that is they will look for a strategy reference that they think is accurate, and this is what causes luck to be ignored even though in my opinion luck in gambling is the thing that dominates with the winning factor that can happen.

besides considering that the bigger casino operators have a chance to win, it makes players only have a small chance of winning and this cannot be changed if it were not for luck with their winnings.

[junder]

Control over emotions will certainly help us avoid big losses that could happen to us, but it does not guarantee that we will win more. Losing less is true, but in the end it all comes down to luck and if it wants, the lucky one who did not even know about the existence of any rules for controlling emotions will win the jackpot. It is still necessary to study and strive to study the different features of the game, because this will help us keep the winnings if they ever come to us.

I do not agree with your few sentences, however gambling is done it will not change the factor of losing less. unless this is said with the aim of the casino then it is true, but for players who gamble without being able to control their emotions or even being able to control their emotions it does not guarantee that players can experience less defeat, it should be noted that gambling is a game of luck and probability so there is no certainty of victory in gambling, for players they only have a small chance of winning, while for losing the chances are very large so it is impossible for anyone to gamble with less defeat.
There is no clear certainty that something will help us maintain victory other than good self-control. When someone has good self-control, they will understand that gambling is a game of luck, so they will definitely take advantage of the victory they have achieved.

[ethereumhunter]

People should really realize this so that they wont really be ending up on being that too serious or chasing up on being a winner when playing with these heavily luck needing type of games.
On the the main reason on why people do mess up their money or capital when playing gambling is that they do become that too desperate. On the time that they would really be playing then
this is the time that they are really expecting too much that they could really be able to take advantage against the house on which this is something a very bad way of thinking.
House do always win at the end and this is why its really that not recommended that you would really be trying out yourself to be a winner. Everything does really rely on luck and there's
no way that you could really be able to make yourself that having the advantage. So better not to make yourself having that kind of pursuing on making winnings.

No doubt for that because gambling game need luck to win and we don't have to playing gambling too seriously as that can make us lose focus to limit our gambling activity. We can desperate when we already lose for some money and that can make us change our minds from playing gambling to enjoy our spare time into chasing the winning which we will difficult to get. So when you playing gambling, you will consider that luck part will be needed to win and you should not thinks much about luck instead just to try to enjoy your gambling activity in your spare time. We must remember that without luck, we will difficult to win especially if we often playing on the gambling games based on luck. Besides that, we must remember that the house will always win for the big money than the gamblers. Maybe we can win for some money but still, the amount will not too big compare to the house.

[betswift]

In this regard, we as players know very well that dice games are very good for applying many strategies,  I am very fond of this , because since I started in the world of gambling, the first thing I started to look at are dice games and yes, it is very simple, dice are pure luck , those strategies that we pick and win are that, luck at the right time, what I do not advise when Playing dice is that you apply the martingale, that is the only thing.

I guess you have lost a lot using martingale strategy too. It's such an easy strategy to execute right.
At the same time, we can say that it is the shortest way to lose money.
We just double up our bet in the hope to win but we keep losing more than double in every round.

It sounds easy but hopes sometimes don't come true, unfortunately. But the experience gained from a situation like that is invaluable, in my opinion.