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Author Topic: Luck: a dominant factor in gambling then skill.  (Read 1370 times)
Weawant
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September 06, 2024, 09:48:19 AM
 #201

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.
You are absolutely correct as I have witnessed something very similar to this which you have stated, it's just the obvious around gambling, it's just an adrenaline rush that is hardly fought successfully by any gambler, if the day they attempt ping pong and seeing that quick results it's in their favour, trust me they don't hesitate to continue with because they begin to wonder, if I can make such quick results almost immediately why then do I have to struggle around that where I will wait for long before getting the results, it's just a simple logic which most times never favours the gamblers in the long run.
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September 06, 2024, 09:48:22 AM
 #202


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.

Valid point, if you keep trying to improve the outcome of your session then the chance of good control might take place, many gamblers failed to analyze their actions and like what you mentioned most just go with the flow and how luck will permits them to win, the problem with that you will keep repeating yourself mistake and will always  be control by your emotion, better to have that strategy and patterns that gives you some decent chance to take advantage of your knowledge and skills while working with your calculation anticipating that it will bring your decent benefits.

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September 06, 2024, 11:43:24 AM
 #203

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.
You are absolutely correct as I have witnessed something very similar to this which you have stated, it's just the obvious around gambling, it's just an adrenaline rush that is hardly fought successfully by any gambler, if the day they attempt ping pong and seeing that quick results it's in their favour, trust me they don't hesitate to continue with because they begin to wonder, if I can make such quick results almost immediately why then do I have to struggle around that where I will wait for long before getting the results, it's just a simple logic which most times never favours the gamblers in the long run.

And this shows that such gamblers completely forget why they came to gambling in the first place. The result is important to them, the money is important to them. This is because they have most likely already lost a lot by this time, and perhaps even won, and want the result as soon as possible.
To experience again those emotions of winning that they remember. But this should not be motivation. There should be no motives in gambling at all, only momentary pleasure for a limited time and deposit.

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September 06, 2024, 12:36:37 PM
 #204

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.
Responsible gambling is an initiative that aims to provide a safe gaming experience to limit the potential risks associated with gambling and prevent the development of gambling addiction but when greed works in gamblers the sense of self-discipline does not work and the addiction to winning ends them. Unlike responsible gamblers, they can control themselves. Taking a responsible approach to gambling to maintain self-discipline allows you to truly enjoy it without risking losing control of yourself and your life.



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September 06, 2024, 02:32:19 PM
 #205

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.
Responsible gambling is an initiative that aims to provide a safe gaming experience to limit the potential risks associated with gambling and prevent the development of gambling addiction but when greed works in gamblers the sense of self-discipline does not work and the addiction to winning ends them. Unlike responsible gamblers, they can control themselves. Taking a responsible approach to gambling to maintain self-discipline allows you to truly enjoy it without risking losing control of yourself and your life.
Sometimes the responsibility in gambling is a high complacency about control because a person who thinks this problem has been working properly and nothing surprises them, they often ignore the risky points of the activity, I mean a disciplined approach over time becomes more dangerous, so i really don't encourage the initiative to stay longer in gambling, maybe we are not addicted but we are consuming little by little our discipline and responsibility. It is better to live by the concept of luck and have fun with gambling than to put too much emphasis on discipline and skills

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September 06, 2024, 04:26:48 PM
 #206

But my main reason for lighting out this is because I have constantly emphasize in my posts that winning in gambling is dominantly a factor of luck (a perspective some persons disagree on) and not about how skillful and knowledgeable you may subscribe yourself to be. Luck in my opinion contributes a 98% determinant role while skill could contribute to a 2% to our winnings.
---
Do you guys agree with this, that luck goes before skill/knowledge in gambling?
Yep. Luck is the key to victory when it comes to gambling.
Skills might be applicable in some games, but most of them are purely luck-based. Slots? Roulette? Excluding those card games, most of them are purely luck based already.

On the other hand, I would still lean for the fact that there's a higher chance for a gambler to win if he has even a bit of a knowledge on what he's playing. Being lucky is very important, but having knowledge would b e better. This only applies on card games though like blackjack, or poker etc.

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September 06, 2024, 04:31:07 PM
 #207


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.

Valid point, if you keep trying to improve the outcome of your session then the chance of good control might take place, many gamblers failed to analyze their actions and like what you mentioned most just go with the flow and how luck will permits them to win, the problem with that you will keep repeating yourself mistake and will always  be control by your emotion, better to have that strategy and patterns that gives you some decent chance to take advantage of your knowledge and skills while working with your calculation anticipating that it will bring your decent benefits.
This is why a gambler should not gamble on a game that he does not understand or have the knowledge. If you love a game and you want to place your bet on such game, you will love to make researches and analysis on the match because you want to make sure that you are doing the right thing.

That will limit your loss if done correctly. However, gamblers still gamble on games that the have zero knowledge of and win their bet. Luck is the key factor but having the knowledge of the game is fun.

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September 06, 2024, 05:05:14 PM
 #208

Again, luck plays a major role in casino games, especially in slot or dice games.

Well when we think about games of chance at least the first thing I think about is having good luck to win , but Sports betting has much more to do with what is known than with luck itself , although sometimes luck comes to light , things in games of chance are usually handled from that point of view, of course, it is a way of saying it, but basically everything points to it, that is why in any case you have to have luck , skill and experience to do a Good job and pursue fun with the option to win money.

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September 06, 2024, 05:23:49 PM
 #209

Again, luck plays a major role in casino games, especially in slot or dice games.

Well when we think about games of chance at least the first thing I think about is having good luck to win , but Sports betting has much more to do with what is known than with luck itself , although sometimes luck comes to light , things in games of chance are usually handled from that point of view, of course, it is a way of saying it, but basically everything points to it, that is why in any case you have to have luck , skill and experience to do a Good job and pursue fun with the option to win money.


The perfect words you convey, I like it, and however luck cannot be separated in any case, gambling on football matches that require skills in analyzing results and experience in getting better conclusions to get victory and get calm when betting so that it creates a sense of pleasure in this bet.

gambling on sports is indeed different from gambling on slots, I need to emphasize that slot gambling is the most difficult to predict, there is no object that can be analyzed to allow victory in the game, luck is more dominant there which is almost entirely, but in sports matches or others when it can still be analyzed it requires skill and experience to strengthen predictions.

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September 06, 2024, 05:48:56 PM
 #210

Luck is at the core of gambling and predicting the future, because believe it or not luck is the most important factor in a bet both slots and in sports, so don't overdo it with betting or gambling because luck is erratic and never takes anyone's side, whether you have a high or low status or whether you have the ability or not in gambling and betting luck can be an angel who comes uninvited as your savior, and will make you feel happy.

It's just that this rarity cannot be invited or rejected when you expect it or not because it is an abstract thing in life.

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September 06, 2024, 06:22:17 PM
Last edit: September 06, 2024, 06:41:56 PM by Accardo
 #211

Luck is at the core of gambling and predicting the future, because believe it or not luck is the most important factor in a bet both slots and in sports, so don't overdo it with betting or gambling because luck is erratic and never takes anyone's side, whether you have a high or low status or whether you have the ability or not in gambling and betting luck can be an angel who comes uninvited as your savior, and will make you feel happy.

It's just that this rarity cannot be invited or rejected when you expect it or not because it is an abstract thing in life.

Of all the gambling techniques under our control, luck arrives upon players in a surprising way. That's the reason behind most gambler's crave for luck. But they forget that luck doesn't work in favor of any gambler, even though a player feels to have a truck load of luck, he'll get disappointed at the losing results that'll consistently show up on his screen.

Eventually, these losing results get some players to think they've got no single luck on them, and makes them depressed. As a gambler, committing to luck, alone, is something I wouldn't encourage, because of the infatuation players build up for luck.

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September 06, 2024, 06:46:48 PM
 #212

Luck is at the core of gambling and predicting the future, because believe it or not luck is the most important factor in a bet both slots and in sports, so don't overdo it with betting or gambling because luck is erratic and never takes anyone's side, whether you have a high or low status or whether you have the ability or not in gambling and betting luck can be an angel who comes uninvited as your savior, and will make you feel happy.

It's just that this rarity cannot be invited or rejected when you expect it or not because it is an abstract thing in life.

I won't go as far as both in slots and in sports. Slots, yes, it requires a lot of your luck so that the algorithm will go to your side but when it comes to sports it's different and I don't like he idea where it's mostly about luck. 10 percent, I might agree with that but never at a high percentage of it.

Sports betting is about how good you are at predicting which the winner will be which means you could enhance your chance of winning by identifying which is the better team. In short, you have a chance to check histories and records while in slots you don't have that.
Increasing the chance to win by means of research and being a fan of the game, that can be rewarded by betting at the right team or player and again, slots don't have that such thing because we only rely on what the system will give us which also means we don't know what might happen next unlike how it goes with sports.

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September 06, 2024, 06:52:50 PM
 #213

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.

Luck and skill are two fundamental elements that influence gambling outcomes, but they differ in their influence and weight. Luck is that uncontrollable factor that can greatly affect outcomes, as it depends on the chance of things happening and how they handle different circumstances. For example, in games where winning is simply based on random spins such as roulette or poker, luck plays a major role. Skill, on the other hand, refers to the ability to make strategic decisions based on understanding and knowledge. In games such as poker, where players can use certain strategies to evaluate cards and estimate the odds of winning, skill emerges as a major factor in achieving long-term success. However, it is important to note that skill does not eliminate the need for luck, as a skilled player can lose to a less skilled player if luck is on the latter’s side at that particular moment. So, it can be said that both elements are important for winning in gambling, but skill remains more important in the long run, while luck remains a variable factor that affects immediate results.

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September 06, 2024, 06:55:35 PM
 #214

In general, yes, I agree with what you said OP that in the end victory always depends on luck, or even though you have pretty good skills but if it turns out that luck is not with you when running a session then usually the results will be disappointing, but that doesn't mean I'm saying that skills and knowledge are useless, because in sports betting in particular, they are both useful things to analyze which is stronger between the two teams.

So maybe I would be more precise to say that skill and luck are the perfect combination to produce victory, but the problem is that even though we have skills, we will never know whether luck is with us or not, and this is why no matter how much knowledge and experience you have, defeat is still a part that will always be a possibility at the end of the game, meaning risk management will always be recommended such as only betting with small amounts.

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September 06, 2024, 07:40:31 PM
 #215

Luck is at the core of gambling and predicting the future, because believe it or not luck is the most important factor in a bet both slots and in sports, so don't overdo it with betting or gambling because luck is erratic and never takes anyone's side, whether you have a high or low status or whether you have the ability or not in gambling and betting luck can be an angel who comes uninvited as your savior, and will make you feel happy.

It's just that this rarity cannot be invited or rejected when you expect it or not because it is an abstract thing in life.

Of all the gambling techniques under our control, luck arrives upon players in a surprising way. That's the reason behind most gambler's crave for luck. But they forget that luck doesn't work in favor of any gambler, even though a player feels to have a truck load of luck, he'll get disappointed at the losing results that'll consistently show up on his screen.

Eventually, these losing results get some players to think they've got no single luck on them, and makes them depressed. As a gambler, committing to luck, alone, is something I wouldn't encourage, because of the infatuation players build up for luck.
Yes, when it comes to strategy then it would be coming up into  different forms and this is something that will really be basing up on someones knowledge on how they would really be applying those strategies
but of course it would be also depending on where you would really be applying those things because we do know that strategies or analysis will really be that only relevant on the moment or time that you would
be gonna dealing up with something that could be applied with some analysis like on sports betting or card game but not really that totally relevant if we do speak about casino games.

This is why it would really be that important that you should really know on how to distinguish things so that on the moment that you do make out such approach then
you do already know on what would be the things that you would be doing. Luck factor would really be the main thing and if you are unlucky then no matter what you do then you will
surely lose up.

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September 06, 2024, 07:47:30 PM
 #216

Well when we think about games of chance at least the first thing I think about is having good luck to win , but Sports betting has much more to do with what is known than with luck itself , although sometimes luck comes to light , things in games of chance are usually handled from that point of view, of course, it is a way of saying it, but basically everything points to it, that is why in any case you have to have luck , skill and experience to do a Good job and pursue fun with the option to win money.

Sport betting still need luck because you can be well informed on how a team play but when you bet, the team might not be having a good game which causes you to lose your bet. Everything that involves gambling needs luck and not just skills or knowledge about the game. Many times have a game that I thought would be the easiest to win has caused me to lose because the big team failed to win the game in sport betting therefore, if you do not have luck you are still going to be losing. When gambling, we have to do everything possible to have more chances of winning therefore combining both being lucky and skilled is a good way to make sure that you are going to be on the winning side.

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September 06, 2024, 08:16:00 PM
 #217


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.

Valid point, if you keep trying to improve the outcome of your session then the chance of good control might take place, many gamblers failed to analyze their actions and like what you mentioned most just go with the flow and how luck will permits them to win, the problem with that you will keep repeating yourself mistake and will always  be control by your emotion, better to have that strategy and patterns that gives you some decent chance to take advantage of your knowledge and skills while working with your calculation anticipating that it will bring your decent benefits.
This is why a gambler should not gamble on a game that he does not understand or have the knowledge. If you love a game and you want to place your bet on such game, you will love to make researches and analysis on the match because you want to make sure that you are doing the right thing.

That will limit your loss if done correctly. However, gamblers still gamble on games that the have zero knowledge of and win their bet. Luck is the key factor but having the knowledge of the game is fun.
Knowledge is very important when it comes to betting and I am always carefully betting on games I have concrete idea in so that it can help me make good winning from gambling. Actually the result of a bet can not be 100% certain before we bet on it even after bet, it is good we take risk sometimes and see the level of risk and how it can help us to make good winnings in gambling. Gambling is not for kid that is why we should be always ready to make our financial decisions ourselves without any external factors that could make us regret when we supposed to have made some money from bet.

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September 06, 2024, 08:21:46 PM
 #218

In general, yes, I agree with what you said OP that in the end victory always depends on luck, or even though you have pretty good skills but if it turns out that luck is not with you when running a session then usually the results will be disappointing, but that doesn't mean I'm saying that skills and knowledge are useless, because in sports betting in particular, they are both useful things to analyze which is stronger between the two teams.

So maybe I would be more precise to say that skill and luck are the perfect combination to produce victory, but the problem is that even though we have skills, we will never know whether luck is with us or not, and this is why no matter how much knowledge and experience you have, defeat is still a part that will always be a possibility at the end of the game, meaning risk management will always be recommended such as only betting with small amounts.
Slots, dice, crashes, mines, Plinko etc. are games of luck with no skills required, beginners can play these games even if they are new.
Sports betting you must have extensive knowledge, then you can say skill.
A team losing an important player can affect it.
Even if the Liverpool team loses a defender they can lose even though this team is a favorite so in sports betting you know about the composition of the line up and other news.

In gambling games luck 90% skill 10% can even be less than that.
I would consider gambling games based on luck, there are no games that use skills except sports betting, what I play in gambling is all luck.

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September 06, 2024, 10:19:39 PM
 #219

In general, yes, I agree with what you said OP that in the end victory always depends on luck, or even though you have pretty good skills but if it turns out that luck is not with you when running a session then usually the results will be disappointing, but that doesn't mean I'm saying that skills and knowledge are useless, because in sports betting in particular, they are both useful things to analyze which is stronger between the two teams.

Agreed too, luck is the most important and the rest are additions that can be ignored or we don't pay too much attention to. I think someone can gamble depending on just guessing and his or her guess can be correct and win large sum. Picking between two clubs that's playing can be done with guessing and you win hence luck is what you need and not skills. Any game that you mentioned that needs skills can be try and you win with pure guessing, so gambling isn't something you can be studying and become perfect at doing.

Doing the exact same thing everytime that that you gamble wouldn't give the you the same outcome so why will you think that you need other things to win that isn't luck. The biggest winners in gambling history are those that had only luck on their side.

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Rabata
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September 06, 2024, 10:27:14 PM
 #220

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.
You are absolutely correct as I have witnessed something very similar to this which you have stated, it's just the obvious around gambling, it's just an adrenaline rush that is hardly fought successfully by any gambler, if the day they attempt ping pong and seeing that quick results it's in their favour, trust me they don't hesitate to continue with because they begin to wonder, if I can make such quick results almost immediately why then do I have to struggle around that where I will wait for long before getting the results, it's just a simple logic which most times never favours the gamblers in the long run.

And this shows that such gamblers completely forget why they came to gambling in the first place. The result is important to them, the money is important to them. This is because they have most likely already lost a lot by this time, and perhaps even won, and want the result as soon as possible.
To experience again those emotions of winning that they remember. But this should not be motivation. There should be no motives in gambling at all, only momentary pleasure for a limited time and deposit.
Gambler's disaster is almost certain whenever gambling is done with any motive in gambling. It may take some time more or less to happen but it will happen. This is not a platform where a gambler can earn guaranteed profits but their behavior seems like they are going to win there very soon. I would certainly agree that gambling can be seen as a source of pleasure for the moment but as a platform to help financially in the long run, the gambler is definitely on the losing end.

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Duelbits
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