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Author Topic: Luck: a dominant factor in gambling then skill.  (Read 1370 times)
LUCKMCFLY
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September 07, 2024, 04:23:45 PM
 #241

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.
I am sure that if players did that they would not suffer so much from gambling addiction, because in part gambling addiction is due to the amount of money lost in bets and games, and that is what frustrates every player, of course for me that is the first cause, and the second cause is that there is no control and for me by controlling money you control absolutely everything, there is no other way, that is why I say that if they apply this strategy they will be out of all danger.


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stomachgrowls
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September 07, 2024, 04:34:19 PM
 #242

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.
Wether we agee or not, luck has been had will continue to be the major determinant of a gambler's fate regardless of his experience or strategy. We've seen people who have very little knowledge about gambling go on to get massive winnings just because of luck and we've seen veterans of the game lose everything they possess just because of how unlucky they were. Like you rightly said, it's very important to have basic skills in gambling in other to be able to get winnings but if a gambler isn't lucky in his gambles, he's as good as a serial loser.

In gambling  luck is the major determinant of the status  of your bet results, be it loss or win. Experience is not a factor to determine if you'll  win or not,  experience only play a role in one's emotions or the type of selection you prefer to others. Majority of persons have tried using experience of gambling but the result  always proves them wrong indicating that luck  is the dominating factor in gambling. Knowing this alone should  help reduce gambling addiction and terminate the symptoms of addiction for a smart gambler. But most persons go ahead to gamble irresponsibly even with the knowledge of gambling being a game of lucks. Gamble with what you can afford to lose is the best advice to any gambler.
It would really be always the determining factor and this is something which is really that important for you to become profitable or making money with gambling on which of course that we do know that luck isnt
something that could be influenced or something that could be altered out. You would only be able to know that you are lucky on the time or moment that you win up a particular game.There are different types of gambling
games specially on casino based type and to those strategic on which you could be able to determine whether it is really that too much needed when it comes to luck or you would be needing to apply some analysis
specially if its involved with skill based then you could be able to tell the relevance. It is really just that there would really be those individuals who might be thinking that luck is something that could be pushed through.

On the moment that you do become that too desperate or hopeful or believing that you could control luck but turns out on losing situation then it will really be bringing out that kind of desperation and
this what causes up some potential addiction on which we know that it could really be bringing out that huge problem on the moment that you are already that becoming too desperate.
This is why its really that important that you should really be that wary about those probabilities of losing so that you dont become that too impulsive on the time that it happens.
Always assume out on shit conditions so that you wont really be that expecting too much.

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Fredomago
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September 07, 2024, 05:06:15 PM
 #243

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.
Wether we agee or not, luck has been had will continue to be the major determinant of a gambler's fate regardless of his experience or strategy. We've seen people who have very little knowledge about gambling go on to get massive winnings just because of luck and we've seen veterans of the game lose everything they possess just because of how unlucky they were. Like you rightly said, it's very important to have basic skills in gambling in other to be able to get winnings but if a gambler isn't lucky in his gambles, he's as good as a serial loser.

In gambling  luck is the major determinant of the status  of your bet results, be it loss or win. Experience is not a factor to determine if you'll  win or not,  experience only play a role in one's emotions or the type of selection you prefer to others. Majority of persons have tried using experience of gambling but the result  always proves them wrong indicating that luck  is the dominating factor in gambling. Knowing this alone should  help reduce gambling addiction and terminate the symptoms of addiction for a smart gambler. But most persons go ahead to gamble irresponsibly even with the knowledge of gambling being a game of lucks. Gamble with what you can afford to lose is the best advice to any gambler.

Most if not all tried to use their skills but eventually lose along the way, if there are some who manage to win they use the right timing to quit after expereincing good amount of luck and quit away instead of pushing forward, that's where experienced will be able to give you decent profits, when you manage to take advantage of some luck that guiding your betting session, if you fall into greed eventually you'll lose it back to the house and ended your journey with an empty bankroll.

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rachael9385
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September 07, 2024, 05:14:52 PM
 #244

I have been involved with gambling for a long time but till now I have not won a lot of bets. Although I had a lot of experience, I could not win the bet only because my luck was not good in gambling i.e. experience was of no use to me. Although experience sometimes helps in sportsbetting, but in other sectors, especially poker, dice, experience does not help, here only luck has to be relied upon.
In the very moment a gambler runs out of luck with gambling experience becomes worthless more like a barking dog with no teeth to bite. It gets frustrating at that point in time while putting in to much efforts using  your wealth of knowledge and experience and still not getting any win, for something luck could give you effortlessly but for the lack of it we can simply be experiencing a near win syndrome which is actually a no win at all. But when luck and experience goes together it's always a different story altogether.
A gambler will always have a time that winning becomes easy and a time it will be difficult to win and I don't know if this is what you call luck. I have given it proper thought and it is not clear to me when luck begin to play a part. Is it when the gambler is selecting the games or when the games are already in play? If this can be know, then a gambler would have been able to do things that would increase the luck but unfortunately, the entry point of the luck is never known but only visible after the outcome of the bet. This is the reason the concept of luck is relative in gambling.
From my perspectives, luck begins the moment you started selecting the games, that is why most times when you select games you started removing some of the games, the ones your mind is not comfortable with. And when you manage to win the bet out of luck and the game you removed played the opposite, you will be happy that you followed your instincts. However I have experienced this before and I was very happy for it because I won.

 
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September 07, 2024, 06:16:17 PM
 #245

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.
I am sure that if players did that they would not suffer so much from gambling addiction, because in part gambling addiction is due to the amount of money lost in bets and games, and that is what frustrates every player, of course for me that is the first cause, and the second cause is that there is no control and for me by controlling money you control absolutely everything, there is no other way, that is why I say that if they apply this strategy they will be out of all danger.


This strategy is always being sounded to gamblers like a gong, but it looks as though a difficulty thing to do, for most players. No doubts it's a perfect way to gamble, save up money, and abstain from addiction. For this reason, what other alternative do you suggest for players who cannot abide or handle gambling with what they're able to lose?

They're players who enjoy gambling with little cash, whereas others prefer to go all in, does it mean addiction waits on to receive such players or don't you think that big spenders can actually possess some self control?. Unless they over do the big spending process, I do not see much trouble with players who, from time to time, try to acquire a big win.

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September 07, 2024, 06:32:57 PM
 #246

From my perspectives, luck begins the moment you started selecting the games, that is why most times when you select games you started removing some of the games, the ones your mind is not comfortable with. And when you manage to win the bet out of luck and the game you removed played the opposite, you will be happy that you followed your instincts. However I have experienced this before and I was very happy for it because I won.
sometimes instinct in choosing a game or determining a bet does bring us luck. even with a small chance of winning if we are lucky then we will get it. I once did that on a soccer bet. when one team was already leading 2-0 in the first half. and at the beginning of the second half, I bet a small amount for a draw. The odds offered were certainly attractive, but I didn't really expect to win. but the result was I won the bet. luck comes unexpectedly, whether you bet big or small.

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September 07, 2024, 07:55:09 PM
 #247

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.

Yes, I think I will take the conclusion from the sports betting that you explained my friend where the conclusion is that even though we have quite good skills to analyze a team but in the end, defeat is still very possible, especially when the team you choose loses one of the key players for some reason such as a red card on the field or other reasons.

Casino games really depend entirely on luck, as you said where luck plays a 90% role which means luck can be said to be the key to victory. I am involved in both types of gambling and for me whatever type of gambling it is still gambling by only betting a small amount is the best approach regardless of whether you have the skills or not and regardless of where you gamble.

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September 07, 2024, 08:54:15 PM
 #248

sometimes instinct in choosing a game or determining a bet does bring us luck. even with a small chance of winning if we are lucky then we will get it. I once did that on a soccer bet. when one team was already leading 2-0 in the first half. and at the beginning of the second half, I bet a small amount for a draw. The odds offered were certainly attractive, but I didn't really expect to win. but the result was I won the bet. luck comes unexpectedly, whether you bet big or small.
Indeed, gambling is really unpredictable, especially when it has to do with sports betting. Due to the unpredictability of the game, luck is the major tool required to be successfully,  while one's skill and experience to be able to analyze the possible and potential outcomes of a game, the fact still remains that your skills can never be enough, because humans don't possess the ability to know the future and so whatever we predict, we need luck for our predictions to become accurate as expected or anticipated. So in the long run, luck plays the major role in gambling success.

You know it's quite unfortunate that a lot of gamblers still haven't come to this realisation, and that's why they depend solely on their skill and then go ahead to bet more than they can afford to lose.

.
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September 08, 2024, 01:13:37 AM
 #249

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.


Yes and it can happen at any moment, it is inevitable that it will happen when it has to happen, I trust my luck a lot, when I'm on a roll and when I shouldn't play more because I would lose more than I have a chance to lose, that's why when we play anything, be it in a casino, that is, in a sports bet, we must force ourselves to accept our own destiny in the games and from there see how it can be done, but anyway, when everything goes well we have to celebrate and withdraw that money without thinking twice, I always play thinking about withdrawing winnings , if I don't achieve it then I don't play anymore and I play another day.

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September 08, 2024, 01:59:15 AM
 #250


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.


Well, you are absolutely right on one hand, and partially right on the other hand.
We have not just one type of gambling game, gambling games can be categorized into 3 or 4 places if I am not wrong..
1. Luck based
2. Knowledge based
3. Skill based
And if I must be honest, having played games in this 3 categories, one thing I've discovered is that, whether a game have to do with luck, knowledge or skill, the place of luck is still present in all of the three, which I would say, makes luck a very important factor in all of gambling, but this is not to say that you will need only luck to win on knowledge and skill based games, your knowledge and skill are still very important on games where this abilities are needed, what luck does in such games is play the finishing or final role which is determine whether you win or not.

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September 08, 2024, 02:04:29 AM
 #251

From my perspectives, luck begins the moment you started selecting the games, that is why most times when you select games you started removing some of the games, the ones your mind is not comfortable with. And when you manage to win the bet out of luck and the game you removed played the opposite, you will be happy that you followed your instincts. However I have experienced this before and I was very happy for it because I won.
sometimes instinct in choosing a game or determining a bet does bring us luck. even with a small chance of winning if we are lucky then we will get it. I once did that on a soccer bet. when one team was already leading 2-0 in the first half. and at the beginning of the second half, I bet a small amount for a draw. The odds offered were certainly attractive, but I didn't really expect to win. but the result was I won the bet. luck comes unexpectedly, whether you bet big or small.
I'll call that luck if you know nothing about the sport and you just blindly take the bet.
Congratulations though on winning that ticket especially on the losing side as 2-0 is a big gap when it comes to football, maybe luck is really on your side at that moment.

Still, I would not agree with luck being the deciding factor when it comes to sports. There's records and information all over the internet and we can use those to enhance our chance to win our bets. Sure, blind bets can sometimes be lucky but we cannot always rely on that because in the long run we might just lose more money.

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September 08, 2024, 03:30:59 AM
 #252

For the game there must always be a mix of luck, skill and experience, I think that is what you must have in order not to lose so much money, apart from the previous plans before playing in a casino, for me that is essential, when we focus on games like slots, roulette, dice, it is obvious that we are in years of luck, and you have to accept the designs of the same, knowing that the house advantage is something that is there, if we are clear about that I think that the luck factor is greatly strengthened and in accordance with that you should always make decisions.

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September 08, 2024, 04:53:39 AM
 #253

For the game there must always be a mix of luck, skill and experience, I think that is what you must have in order not to lose so much money, apart from the previous plans before playing in a casino, for me that is essential, when we focus on games like slots, roulette, dice, it is obvious that we are in years of luck, and you have to accept the designs of the same, knowing that the house advantage is something that is there, if we are clear about that I think that the luck factor is greatly strengthened and in accordance with that you should always make decisions.
Not only in slot type games, but in games outside of slot types, I think the host has the same advantage even with games that require skill. However, the host will always win because the comparison of winning opportunities between players and hosts is different, where players only have a small chance of winning and for hosts the chances of winning are more dominant. In addition, this cannot be changed because it has become a long-term decision. So we must be aware that in gambling we should be able to see this in other words not to gamble too much because if it is time for luck to side then victory will be obtained.

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September 08, 2024, 06:46:01 AM
 #254

~snip~
That is luck because it only happens once in a while and cannot be predicted because if it happens often and can be predicted it is not luck. In my opinion, there is no need to be upset with gambling or with the defeat that occurs because it is something that is certain to happen, when you are upset it is possible that you have a desire to recover the loss and that can make everything uncontrollable. Everyone certainly wants to be lucky in everything including gambling, but in gambling forcing yourself to pursue luck is not recommended, my friend, it is better to gamble reasonably so that something bad does not happen such as loss of self-control which allows us to allocate a lot of money to gambling without getting any results.

The thing is that you can predict what will happen often. Basically you can say that once every six times you throw a dice you will get a six.

Over time you will get closer and closer to this value. That's what odds are in the end.

But yeah, sometimes you will see a 6 three times in a row. You can't really predict that kind of thing.
I'm not sure to be able to predict the final result correctly continuously it seems impossible if only once in a while maybe the result is true according to the prediction but it is impossible if the result is according to the prediction for many times. In fact, I think it is the opposite where we will not be able to predict it correctly because gambling is a game that tends to involve luck and probability so it is difficult to guess or predict the desired result. Some games that must be done with skill we can do to make the chances of winning a little higher but in the end it all depends on luck, so anyway all gambling games I think involve luck.

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September 08, 2024, 09:00:00 AM
 #255

For the game there must always be a mix of luck, skill and experience, I think that is what you must have in order not to lose so much money, apart from the previous plans before playing in a casino, for me that is essential, when we focus on games like slots, roulette, dice, it is obvious that we are in years of luck, and you have to accept the designs of the same, knowing that the house advantage is something that is there, if we are clear about that I think that the luck factor is greatly strengthened and in accordance with that you should always make decisions.
Not only in slot type games, but in games outside of slot types, I think the host has the same advantage even with games that require skill. However, the host will always win because the comparison of winning opportunities between players and hosts is different, where players only have a small chance of winning and for hosts the chances of winning are more dominant. In addition, this cannot be changed because it has become a long-term decision. So we must be aware that in gambling we should be able to see this in other words not to gamble too much because if it is time for luck to side then victory will be obtained.

Yeah right, not just in slot but every games it's true that house always got their advantages, more on how you calculate and how you anticipate the outcome, once you are done doing your analysis and assessments, there's a chance that you may end up winning by taking advantage of your luck when you experienced a good winning streaks or you manage to win decent amount of odds and quit after, that's the time that you are not just enjoying but also taking profits out from the house.

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September 08, 2024, 03:41:58 PM
 #256

For the game there must always be a mix of luck, skill and experience, I think that is what you must have in order not to lose so much money, apart from the previous plans before playing in a casino, for me that is essential, when we focus on games like slots, roulette, dice, it is obvious that we are in years of luck, and you have to accept the designs of the same, knowing that the house advantage is something that is there, if we are clear about that I think that the luck factor is greatly strengthened and in accordance with that you should always make decisions.
With all you mention, that should make gamblers knows that he don't have a big chance to win so it is not good if he still trying to chase the win. If he can realizes how big his chance to win in gambling, he will not trying to gambling hardly because that can make his losses become big.

Luck is needed in gambling so when he doesn't have luck, he will still lose even if he have much experience and good skills in gambling. He should remember that the house has its advantage so he doesn't have to risks too big money to gambling. He should only manages his money and always prevents the big lose.

But if he get his luck, he can win the games even if he doesn't have much experience or skills. We should remember that so we only use gambling to get fun and not for make money.

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September 08, 2024, 04:26:46 PM
 #257

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.
I am sure that if players did that they would not suffer so much from gambling addiction, because in part gambling addiction is due to the amount of money lost in bets and games, and that is what frustrates every player, of course for me that is the first cause, and the second cause is that there is no control and for me by controlling money you control absolutely everything, there is no other way, that is why I say that if they apply this strategy they will be out of all danger.


not only that, having had great luck can also make curious again and make hope that it can happen again. and that's where the destruction will begin because  can't control the bet because in your mind  can get luck like before. unknowingly they are playing with fire because of their own actions. but one day the money can come back even though it's not one hundred percent

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September 08, 2024, 04:43:00 PM
 #258

The major reason I believe gambling comes with luck not strategy is because few new gamblers also win with their first game. Strategy or skill is not necessarily since a person can predict, sometimes we even predict with zero hope of winning but at the end we get surprised winning.
I even hear some gamblers complaining about games they put their all and hope but never get to win, if there’s anything associated with skill when gambling I wonder what kind of skill is that or are they always referring to their favorite team when placing a bet. I have seen people share their strategy here but that doesn’t mean strategy works always rather anyone can be lucky and still lose at times that’s gambling for everyone.

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virasog
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September 08, 2024, 04:50:56 PM
 #259

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.
I am sure that if players did that they would not suffer so much from gambling addiction, because in part gambling addiction is due to the amount of money lost in bets and games, and that is what frustrates every player, of course for me that is the first cause, and the second cause is that there is no control and for me by controlling money you control absolutely everything, there is no other way, that is why I say that if they apply this strategy they will be out of all danger.

Sometimes i feel that all those people who say that gambling is all about luck and no skill, this theory is wrong. Infact a gambler should have the money management skills and also he needs to have strong physiological power and mentally strong so that he sticks to his plan and do not deviate from his plans when he loses or wins more than expectations.

I do not know why gamblers think that luck is the only factor in success. When a gambler loses a lot of money in gambling, he will have an excuse that since luck was not with him, he lost all his money. The reality is that if he has the risk management skill in place, he would have never lost a big portion of his portfolio. Those who do not want to spend time preparing themselves, they will always blame bad luck, the cause for their loss.

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usekevin
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September 08, 2024, 04:51:56 PM
 #260


Yes and it can happen at any moment, it is inevitable that it will happen when it has to happen, I trust my luck a lot, when I'm on a roll and when I shouldn't play more because I would lose more than I have a chance to lose, that's why when we play anything, be it in a casino, that is, in a sports bet, we must force ourselves to accept our own destiny in the games and from there see how it can be done, but anyway, when everything goes well we have to celebrate and withdraw that money without thinking twice, I always play thinking about withdrawing winnings , if I don't achieve it then I don't play anymore and I play another day.



The gambler may loss 1000 dollars in a continuous loss,but if he get a luck in the gambling.He can make the 2-3k dollars in one shot of game,So the luck plays the huge role in the gambling.The gambler sometimes may huge money like 1-2k dollars with the initial money of 200-300$.The should play the same game many times instead of trying various game again and again to make big money in that game.By practice of same game again and again,the gambler will become a master of that game and easy make of big money from the repeated playing game.

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