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Author Topic: Luck: a dominant factor in gambling then skill.  (Read 1370 times)
betswift
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September 05, 2024, 07:29:12 AM
 #181

Why luck is a dominant factor in gambling? Because only several games require skills to play or not to lose balance in first minutes of gambling session. I can say that probably only card games like poker or blackjack require some skills. Other games are all luck and random based. You dont even have to have basic math skill, as script or dealer will calculate everything.

P.S. Can someone name any game besides poker (skill of bluffing) or blackjack (skill of card counting) that require skills?
I also do not know other games that you mentioned where the skill and vast experience and stress resistance are required, thanks to which we can achieve our bankroll. I sometimes think that sports bets can probably come close to the discipline that requires skill. But this line is so thin that I will find more reasons for the fact that sports betting cannot be a sphere for constant earnings even if the player has 10 years of experience and some skills and knowledge about teams, players and much more. Because sometimes they would win the teams in which no one believed simply because they would be lucky to score one goal and win the game.

I do agree, it may be a hobby, but if you put your income in line - it may end not too good for you.

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September 05, 2024, 08:57:23 AM
 #182

with gambling addiction they will not care about their own circumstances, rich or poor they will continue to gamble even though they have experienced consecutive defeats.

But addicted gamblers do not mean that their luck has been abandoned, right? if luck comes it cannot be predicted, it could be with you today or maybe it will be with you tomorrow. we will never know. so there is also a possibility that addicted gamblers also get their luck in their betting sessions. it's just that maybe those who are addicted experience uncontrolled losses. they lose more.

Some people say that luck does not come by itself. there must be effort and ability to analyze opportunities. maybe there is some truth to that.

I noticed a strange phenomenon. That in such type of gambling as betting there is a peculiarity, it is that players at first thoughtfully make their bets. On football matches and similar events. But after some time gamblers start to be interested only in the result, so they stop understanding the matches, bet at random and want to get the winnings as soon as possible. And they even start betting on ping pong, where the results come quickly.

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September 05, 2024, 09:19:18 AM
 #183

If we talk about luck and skill, then it cannot be considered in some generalized gambling games. For example, in card games, skill has a significant impact on the result. The concept of skill is generally not applicable to dice or roulette or other similar games.

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September 05, 2024, 09:37:34 AM
 #184

If we talk about luck and skill, then it cannot be considered in some generalized gambling games. For example, in card games, skill has a significant impact on the result. The concept of skill is generally not applicable to dice or roulette or other similar games.

I think there is still element of luck in card games like poker, just imagine it boils down to the last, the river card and it revealed that you make a big upset and won against let's say pocket Ace. So there could be small percentage that runs on some skill based games, in my opinion.

As for luck based games, it's obvious, like in roulette, you place a bet on certain number that is close to you, like your birthday, and the odds like like 37:1 in European  roulette (single zero). So for me, we should always be accompanied by "lady luck" in any games.


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September 05, 2024, 10:37:33 AM
 #185

So I came across this post by iv4n who shared how he won his bet he didn't intentionally placed but out of mistake.  I wasn't surprised although because it's all luck and luck can happen to us in unexpected ways.

From what I've seen from my experience in gambling so far, the risk involved in gambling requires your knowledge to understand but then, luck Plays the major role in winning. Though we have seen on several occasions here on the forum where people would deny the fact that luck plays the major role in our wins. Having experience in gambling like I have said several times, gives you a upper hand compared to others. You have more courage and willingness to place better odds, which my in return increases your chances of winning. Luck still contributes it crucial role in gambling and thus shouldn't be underestimated.

R


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September 05, 2024, 11:14:21 AM
 #186

So I came across this post by iv4n who shared how he won his bet he didn't intentionally placed but out of mistake.  I wasn't surprised although because it's all luck and luck can happen to us in unexpected ways.

From what I've seen from my experience in gambling so far, the risk involved in gambling requires your knowledge to understand but then, luck Plays the major role in winning. Though we have seen on several occasions here on the forum where people would deny the fact that luck plays the major role in our wins. Having experience in gambling like I have said several times, gives you a upper hand compared to others. You have more courage and willingness to place better odds, which my in return increases your chances of winning. Luck still contributes it crucial role in gambling and thus shouldn't be underestimated.
If winning in gambling is primarily based on experience and skills then gamblers will diligently learn it and be perfect so that they will continue to win. There'll be no more house edge and if the casinos and bet companies continues to pay jackpot wins they'll all go bankrupt because their businesses will no longer be lucrative. Experience and skills in sports bet can help gamblers in their strategy to make gambling decisions but it can not guarantee wins, they need luck for what they've strategized to play in their favor. This is why it's not good to depend on gambling as a major source of income because you're not sure of earning it.











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September 05, 2024, 12:03:15 PM
 #187

Do you guys agree with this, that luck goes before skill/knowledge in gambling?
It's mostly luck than experience or knowledge in gambling. That's why one can find newcomers to gambling who hit jackpot. We can, perhaps, leave out a tiny percentage of winning to gamblers' psychology and mindset as at the time of bet. Except for those who are addicted, every gambler realizes they're out of luck whenever they can't garner any win for the day/week. Solution to that would be for that gambler to take a breather and then relaunch when they feel the coast is clear.

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September 05, 2024, 01:53:12 PM
 #188

If we talk about luck and skill, then it cannot be considered in some generalized gambling games. For example, in card games, skill has a significant impact on the result. The concept of skill is generally not applicable to dice or roulette or other similar games.

I think there is still element of luck in card games like poker, just imagine it boils down to the last, the river card and it revealed that you make a big upset and won against let's say pocket Ace. So there could be small percentage that runs on some skill based games, in my opinion.

As for luck based games, it's obvious, like in roulette, you place a bet on certain number that is close to you, like your birthday, and the odds like like 37:1 in European  roulette (single zero). So for me, we should always be accompanied by "lady luck" in any games.

Yeah right, whatever type of game luck if trigger then you'll experienced decent benefits, just like your examples when timing is good and you manage to take care of it, I mean when the timing of stopping then you'll be able to manage the benefits behind, the profits will be decent even you are doing it in a skill base or luck based gambling, it's more on how you make that decision when you are in green then quit the game with profits.

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September 05, 2024, 02:01:35 PM
 #189

Do you guys agree with this, that luck goes before skill/knowledge in gambling?
It's mostly luck than experience or knowledge in gambling. That's why one can find newcomers to gambling who hit jackpot. We can, perhaps, leave out a tiny percentage of winning to gamblers' psychology and mindset as at the time of bet. Except for those who are addicted, every gambler realizes they're out of luck whenever they can't garner any win for the day/week. Solution to that would be for that gambler to take a breather and then relaunch when they feel the coast is clear.
I think we've had a similar thread that also discussed about this particular subject matter? Just like I've said before in any topic that tries to juxtapose the importance of luck and skill/knowledge in gambling, I'll always reveal to everyone here that luck in gambling supersedes whatever knowledge, skill or strategy any gambler can possess. I state this from my personal experience about gambling and how it works. When you're having a lucky day in your gambling activities, you'll win effortlessly without doing much but on a bad day, you'll hardly get a win no matter your level of experience or how strategic you tend to be in gambling. Luck will will make a newbie in gambling get more wins that a veteran gambler.

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September 06, 2024, 02:06:38 AM
 #190

Agree with the thought. Luck is definitely a dominant factor that cannot be repeated regularly. So the gambler has to bet wisely.

And for that reason is that we as players must be people who practically must be very efficient in our plans, it is good that plans are made, for example for me the most necessary is that you put money willing to lose, and the second and most desired is that while playing you have a balance to win or possibly a balance to win but something that is not fanciful, something that is within the range of normal parameters, so at the right moment where we feel that it is the maximum instead of continuing playing, then withdraw our money, but that is achieved with experience.

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September 06, 2024, 03:02:15 AM
 #191

So I came across this post by iv4n who shared how he won his bet he didn't intentionally placed but out of mistake.  I wasn't surprised although because it's all luck and luck can happen to us in unexpected ways.

From what I've seen from my experience in gambling so far, the risk involved in gambling requires your knowledge to understand but then, luck Plays the major role in winning. Though we have seen on several occasions here on the forum where people would deny the fact that luck plays the major role in our wins. Having experience in gambling like I have said several times, gives you a upper hand compared to others. You have more courage and willingness to place better odds, which my in return increases your chances of winning. Luck still contributes it crucial role in gambling and thus shouldn't be underestimated.
Gambling favors luck because the outcome of gambling is uncertain. But along with luck, gambling requires skill and experience. A person will not be able to fulfill his or her goals by relying solely on luck in gambling and similarly, relying solely on one's own skill and experience will not achieve desired results. I think for those who can gamble with a combination of these two, the winnings in gambling can be quite good. There are slight differences between sports betting and casino games. Luck as well as good skill and experience for sports betting increases the chances of winning. Again, luck plays a major role in casino games, especially in slot or dice games.

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September 06, 2024, 03:32:58 AM
 #192

with gambling addiction they will not care about their own circumstances, rich or poor they will continue to gamble even though they have experienced consecutive defeats.

But addicted gamblers do not mean that their luck has been abandoned, right? if luck comes it cannot be predicted, it could be with you today or maybe it will be with you tomorrow. we will never know. so there is also a possibility that addicted gamblers also get their luck in their betting sessions. it's just that maybe those who are addicted experience uncontrolled losses. they lose more.

Some people say that luck does not come by itself. there must be effort and ability to analyze opportunities. maybe there is some truth to that.
Not if but in fact luck is unpredictable and cannot be predicted accurately, if they can guess luck correctly and consistently then I think there will be a small number of players who lose money in gambling. It is true what you said luck can come at any time, whether it's today or tomorrow, what we have to realize is this so as not to gamble excessively which ignores the luck factor.
Someone who is addicted to gambling will certainly experience losses clearly financially, but there is indeed luck that might be on their side and give them a victory that they don't know the exact amount of winnings that can be obtained. I agree with what you said, those who are addicted will definitely experience consecutive defeats because of their uncontrolled behavior.

This is the importance of realizing that gambling is not just about winning and losing, but the luck factor must also be realized properly.

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September 06, 2024, 05:14:17 AM
 #193

If we talk about dice, in this gambling game luck prevails over skill, but if we consider for example a game of poker, then there skill will be much more important. Luck and gambling are very closely related to each other, because the process of any gambling is largely dependent on chance, and therefore the course of gambling has a lot of possible combinations. Experience will not allow you to control gambling, but will always help in minimizing possible losses and calculating the risks.

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Jody.Drummer
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September 06, 2024, 06:20:13 AM
 #194

Gambling favors luck because the outcome of gambling is uncertain. But along with luck, gambling requires skill and experience. A person will not be able to fulfill his or her goals by relying solely on luck in gambling and similarly, relying solely on one's own skill and experience will not achieve desired results. I think for those who can gamble with a combination of these two, the winnings in gambling can be quite good. There are slight differences between sports betting and casino games. Luck as well as good skill and experience for sports betting increases the chances of winning. Again, luck plays a major role in casino games, especially in slot or dice games.
indeed gambling is a game that cannot be ascertained the final result can win, this uncertainty is what makes it attractive because many people gamble because they want to win or try their own luck and unfortunately many of them cannot control themselves until they are in a state and condition that is not so profitable. And indeed players cannot rely on luck to win also with the opposite as you said, that's why gambling is always accompanied by uncertainty. When someone is lucky and does have skills of course it is very good, because their skills can produce victory even though it is helped by luck because even though they have good skills but do not have luck then their skills will not be able to produce anything.

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September 06, 2024, 06:39:12 AM
 #195

Agree with the thought. Luck is definitely a dominant factor that cannot be repeated regularly. So the gambler has to bet wisely.

And for that reason is that we as players must be people who practically must be very efficient in our plans, it is good that plans are made, for example for me the most necessary is that you put money willing to lose, and the second and most desired is that while playing you have a balance to win or possibly a balance to win but something that is not fanciful, something that is within the range of normal parameters, so at the right moment where we feel that it is the maximum instead of continuing playing, then withdraw our money, but that is achieved with experience.

One of the main things going into responsible gambling is to gamble with the funds you are willing to spend, you are totally right and I applaud you for utilizing it.
Self-discipline also should stay high, in order to do what you said - go out when the time comes or the opportunity arises.

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September 06, 2024, 07:43:47 AM
 #196

Why luck is a dominant factor in gambling? Because only several games require skills to play or not to lose balance in first minutes of gambling session. I can say that probably only card games like poker or blackjack require some skills. Other games are all luck and random based. You dont even have to have basic math skill, as script or dealer will calculate everything.

P.S. Can someone name any game besides poker (skill of bluffing) or blackjack (skill of card counting) that require skills?
I also do not know other games that you mentioned where the skill and vast experience and stress resistance are required, thanks to which we can achieve our bankroll. I sometimes think that sports bets can probably come close to the discipline that requires skill. But this line is so thin that I will find more reasons for the fact that sports betting cannot be a sphere for constant earnings even if the player has 10 years of experience and some skills and knowledge about teams, players and much more. Because sometimes they would win the teams in which no one believed simply because they would be lucky to score one goal and win the game.
You would be wrong not to believe that skills and expertise are important in gambling, especially in sports betting. Fine, there are still some cases in sports betting that you would need luck due to some unexpected but still, you will need your skills to make more money, no dummy would prosper in sports betting if they do not have the right expertise, so perish the idea of the excuse you are trying to make in order to give all the kudos to luck in betting sports.

I've heard enough of luck in gambling as if everyone will now fold their arms and expect a miracle to happen, is it that easy? We must also use our brains and God's given creativity to gather information and come to the realization of what is most likely to happen before we make our decisions.

Can luck do all that for us? We need to help ourselves even if luck will complete the rest!

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September 06, 2024, 08:02:38 AM
 #197

If we talk about dice, in this gambling game luck prevails over skill, but if we consider for example a game of poker, then there skill will be much more important. Luck and gambling are very closely related to each other, because the process of any gambling is largely dependent on chance, and therefore the course of gambling has a lot of possible combinations. Experience will not allow you to control gambling, but will always help in minimizing possible losses and calculating the risks.

If you go head to head with less skilful players you are at a higher advantage, you will probably come out as the winner.

Also while the battle is ongoing, if the opposite player made a wrong move, it is for your own job to deliver a severe blow to your opponent.

And if you are out of luck, your opponent is just the crazy expert you are in for some trouble, all these predictions can't be seen before it happen, how a game is going to turn out is out of everyone's reach.

I smell game of luck still even if it is a more skill based game.


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September 06, 2024, 08:12:36 AM
 #198

If we talk about dice, in this gambling game luck prevails over skill, but if we consider for example a game of poker, then there skill will be much more important. Luck and gambling are very closely related to each other, because the process of any gambling is largely dependent on chance, and therefore the course of gambling has a lot of possible combinations. Experience will not allow you to control gambling, but will always help in minimizing possible losses and calculating the risks.
But still, gambling games need luck to win so we can not deny that. Experience gives you a memory about your gambling activity in the past which can help you to thinks what you should do if you are in the similar situation so you can do the right thing.
With you have much experience, you will not face a difficult situation because you seems to have an image of what you needs to do before the bad things happen. But luck is something that we really needs when playing gambling so we must realizes that when we lose our money many times, that means we don't have our luck and it will be better if we stops from playing gambling to saves our money.
Maybe some people will thinks that we have a chance to win in the next rounds but we don't knows if we can wins or will lose. So that will be up to you what you will do and if you decides to continue gambling, you must accepts whatever will happen.

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September 06, 2024, 08:31:22 AM
 #199

So I came across this post by iv4n who shared how he won his bet he didn't intentionally placed but out of mistake.  I wasn't surprised although because it's all luck and luck can happen to us in unexpected ways.

From what I've seen from my experience in gambling so far, the risk involved in gambling requires your knowledge to understand but then, luck Plays the major role in winning. Though we have seen on several occasions here on the forum where people would deny the fact that luck plays the major role in our wins. Having experience in gambling like I have said several times, gives you a upper hand compared to others. You have more courage and willingness to place better odds, which my in return increases your chances of winning. Luck still contributes it crucial role in gambling and thus shouldn't be underestimated.
Indeed, knowledge is not a waste thing, but of course, luck makes us win. 10% knowledge and skills, then 90% luck—that is my personal view. In general, no matter how long we've been gambling, without luck, we never win. Even cheating still never wins and defeats the house.

Gambling gives us no assurance, which is also a reason not to rely on and think that gambling can make someone rich. We can win today or tomorrow, but we don't have any guarantee we can still win in the coming days. Keeping a low key in gambling, like just spending a $100 maximum, could help us control ourselves from spending more. And most of all, we stop thinking of winning more because our luck never always comes, even when we ask it every day. 

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September 06, 2024, 08:55:22 AM
 #200

Why luck is a dominant factor in gambling? Because only several games require skills to play or not to lose balance in first minutes of gambling session. I can say that probably only card games like poker or blackjack require some skills. Other games are all luck and random based. You dont even have to have basic math skill, as script or dealer will calculate everything.

P.S. Can someone name any game besides poker (skill of bluffing) or blackjack (skill of card counting) that require skills?
I also do not know other games that you mentioned where the skill and vast experience and stress resistance are required, thanks to which we can achieve our bankroll. I sometimes think that sports bets can probably come close to the discipline that requires skill. But this line is so thin that I will find more reasons for the fact that sports betting cannot be a sphere for constant earnings even if the player has 10 years of experience and some skills and knowledge about teams, players and much more. Because sometimes they would win the teams in which no one believed simply because they would be lucky to score one goal and win the game.
You would be wrong not to believe that skills and expertise are important in gambling, especially in sports betting. Fine, there are still some cases in sports betting that you would need luck due to some unexpected but still, you will need your skills to make more money, no dummy would prosper in sports betting if they do not have the right expertise, so perish the idea of the excuse you are trying to make in order to give all the kudos to luck in betting sports.

I've heard enough of luck in gambling as if everyone will now fold their arms and expect a miracle to happen, is it that easy? We must also use our brains and God's given creativity to gather information and come to the realization of what is most likely to happen before we make our decisions.

Can luck do all that for us? We need to help ourselves even if luck will complete the rest!

Of course, luck does many things, but what depends on us is not to make stupid mistakes that many players do. We still need to adhere to some restrictions for ourselves and conduct at least a minimal analysis, otherwise if we do not do this, we can lose much more than if we did not do it. I do not cross my arms, despite everything, I try to come up with different strategies for the game, I try them, if they stop working, then I begin to strain my brain to come up with more and try it. Still, I am sure that you can do what is still unknown to many players and thereby improve your win rate by a few percent. Therefore, we still need to always and completely strain our brain, otherwise we can relax so much that we let ourselves go with the flow and begin to hope for luck, then for other people, and this is wrong, we must take everything into our own hands as much as possible.

 
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