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Author Topic: 👨‍🏫 Knowledge or luck? 🎲  (Read 1099 times)
Mia Chloe
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December 23, 2024, 10:11:00 PM
 #21

Luck is a very important part of gambling. Although sometimes it may seem like analytical data and statistics are what controls the odds in gambling but the truth is it still luck. In my opinion winning based on your sort of either statistics or analysis approach is still as a result of you being lucky because the whole concept why it's called gambling is because of the idea of luck always involved.
Sometimes you need to have a basic understanding of how that particular gambling activity works before proceeding to bet on it. But that doesn't outrightly mean you will ace the bet with analysis alone.

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December 23, 2024, 10:16:19 PM
 #22

Knowledge is overrated.
If you do it for fun with amounts you can afford to lose it doesn't matter.
Can you spare 5 cents? Wagger them in a multi bet ticket with 25 matches. Of course you can't be highly knowledgeable in all of them but you can try... It's more of a lottery ticket than a knowledge test.

And to approach sports betting as a knowledge test leads to false assumptions. You're still gonna lose if you play too much. Keep it simple for yourself to enjoy it more.

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December 23, 2024, 10:18:27 PM
 #23

Is knowledge more important when betting on sports or being lucky?

This has always been a question on my mind.

Many people definitely resort to knowledge when betting. At the simplest level, if they are going to bet on a football match, they look at the statistical data. How is it when playing at home and away, etc.?
Should there be luck in addition to these or is it possible to win in sports betting with only knowledge?

The two are very important although the most vital and more important is the luck factor because even when a gambler have the knowledge that will cover his prediction or take on any gambling game the fact that luck is still needed is there because everything actually reside or revolves around luck, I mean a gambler can be 100% sure on a certain game based on stats he gather on that game but an inplay factor that was uncalled for can influence the total results or outcome of that game.

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December 23, 2024, 10:25:50 PM
 #24

Luck is stronger but it's not something that can be relied on since it doesn't come frequently.
If it could be controlled, then I don't think knowledge can ever win
But we live in the real world and such don't exist.
So in real life Knowledge remains the strongest because luck can never be frequent. 

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December 23, 2024, 10:41:00 PM
 #25

Is knowledge more important when betting on sports or being lucky?

This has always been a question on my mind.
Depending on the tactic as you gamble. Both are important when gambling and we cannot deny that. We should be knowledgeable and also have some bit of luck to win.

Many people definitely resort to knowledge when betting. At the simplest level, if they are going to bet on a football match, they look at the statistical data. How is it when playing at home and away, etc.?
Should there be luck in addition to these or is it possible to win in sports betting with only knowledge?
Yes, I believe that luck should be added on it but we have no control over that and that's how it should be. So, we should know if we're lucky and we're able to have it with us together.


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December 23, 2024, 10:51:31 PM
 #26

Is knowledge more important when betting on sports or being lucky?
Wake me up from my dream land anytime any day and I will repeatedly say it that being a lucky one is more important than being knowledgeable in gambling.

How imaginable do we even have to be presented as professional gamblers when we have not been able to  prove it by our winnings?
The truth is that... We can not change the fact that gambling is a game of luck so even if I am blindly picking my games as sport bets is concerned maybe I am off from analysing the games before pushing the play button and finally I am lucky to win what else am I looking for? Sure nothing. Infact as long as the luck shines out of grace , I am the professional and regarded knowledgeable gambler to the awareness of the public because winning is the most important.











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December 23, 2024, 10:56:02 PM
 #27

Is knowledge more important when betting on sports or being lucky?

This has always been a question on my mind.

Many people definitely resort to knowledge when betting. At the simplest level, if they are going to bet on a football match, they look at the statistical data. How is it when playing at home and away, etc.?
Should there be luck in addition to these or is it possible to win in sports betting with only knowledge?
Luck is a necessity when betting, but aside from that, knowledge is more than important. You can't bet with the higher probability of winning if you don't have knowledge on the betting options, that's why you have to gain good background on the game that you will bet. And most of all, you can't apply risk management and discipline when gambling because you have no certain knowledge on how to play it right. Luck can happen to anyone, but knowledge acquisition is something that should be done with willingness and persistency to learn.


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December 23, 2024, 11:01:32 PM
 #28

Is knowledge more important when betting on sports or being lucky?

This has always been a question on my mind.

Many people definitely resort to knowledge when betting. At the simplest level, if they are going to bet on a football match, they look at the statistical data. How is it when playing at home and away, etc.?
Should there be luck in addition to these or is it possible to win in sports betting with only knowledge?

Before we can take for instance about being lucky in gambling or being knowledgeable in it, we must have to consider the kind of game in consideration, here from what the OP is giving already, we are talking about sport betting and this is quite different form any casino games/dice or slots which are base on luck strictly, but in sport betting, if you have the knowledge and insight to be able to reason well about a particular game, then one will be more close to winning the game played than when he has no clue on how its been played.

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December 23, 2024, 11:14:41 PM
 #29

Is knowledge more important when betting on sports or being lucky?
How many times have we talked about this specific topic? There’s always been a discussion whether gambling is pure luck or you need that little bit of knowledge or more to get by. Time and time again, all we’ve answered is that in sports betting there should definitely be enough knowledge and experience involved if you want to win. You can’t watch a sport for the first time and get it right immediately. But if you’re lucky and you win, know that it won’t be like that all the time.
The topic has been discussed before, if I’m not mistaken, more than a couple of times now, but it’s still worth the discussion. In sports betting, we need both the skill and the experience, which we consider as skill, our time, and luck in order to win our games.
 
The skill alone can only increase the chance of winning based on the data the gambler has analysed, while our luck is what always decides how the outcome of the game will be; sometimes we will come out lucky, while in some cases it’s quite the opposite. Both just work hand in hand in order for a game to be won in sports betting; it’s not like some slot games, where the winning chances are entirely based on luck.

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December 23, 2024, 11:53:00 PM
 #30

Is knowledge more important when betting on sports or being lucky?

This has always been a question on my mind.

Many people definitely resort to knowledge when betting. At the simplest level, if they are going to bet on a football match, they look at the statistical data. How is it when playing at home and away, etc.?
Should there be luck in addition to these or is it possible to win in sports betting with only knowledge?
We know that gambling is a game of luck. In this gambling game, we believe that luck is necessary as well as knowledge is important. An ignorant person can never get good results from gambling. Especially in sports betting, knowledge is always appreciated. If you are not well informed, you can never get good results from sports betting. Let's say I don't know much about sports. I don't know the name of any player, I don't know the name of any club and I don't know the name of any team. Also, I don't know about any venue, but how can I bet there? Can I bet there and win with luck or can I do good analysis? In this case, knowledge is definitely needed. So the most important thing in gambling, especially sports betting, is to do good research or have good knowledge.











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December 24, 2024, 02:10:06 AM
 #31

Of course, knowledge is always more important than mere luck when doing sports betting. Sports betting isn't just picking between dealer and player, red or black, above or below, and the like. You need to have a certain level of familiarity. You need to do a little analysis. You need to take into consideration several factors.

Luck is always involved in any game of sport though. But any serious athlete or team doesn't rely on it. As always, training, skills, plays, conditioning, discipline, and the like are more important. They're the ones that control the game, never luck. So, as a sport bettor, those are also more important to know and consider than just luck.

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December 24, 2024, 02:32:24 AM
 #32

Basically, if knowledge can be used as a guarantee in sports betting, then why are there still some people who even have a lot of experience and high flying hours in the world of sports but still lose, even though they have previously applied their analysis and skills correctly and based on various strong reasons? That is the reason why gambling is an activity that can never be predicted 100% accurately, because risk will always be part of the game, meaning it can never be eliminated, and this is also one of the reasons why risk management such as some of these limitations is very important to apply.

This means that luck is still an important aspect here even though you have the skills to analyze, because after all we will not be able to fully predict what will actually happen in the future, so in conclusion I can say that knowledge and luck in sports betting are two equally important things, simply knowledge can bring you closer to the chance of winning and luck is something that will ensure that you will win, a kind of combination. Wink

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December 24, 2024, 02:52:26 AM
 #33

Is knowledge more important when betting on sports or being lucky?

This has always been a question on my mind.

Many people definitely resort to knowledge when betting. At the simplest level, if they are going to bet on a football match, they look at the statistical data. How is it when playing at home and away, etc.?
Should there be luck in addition to these or is it possible to win in sports betting with only knowledge?
If we do literally talk about sports betting then this is something that pertains about needing up that skill and knowledge on a particular sport but we cant be able to deny that luck factor will always be that important if we do really tend to deal up with betting or gambling with casino games. It will always be relevant because this is something that will really be that making you as a winner because in sports betting on which no matter how good your analysis will be but if luck thing isnt on your side then you will be ending up on losing money and thats why we cant be able to conclude that luck isnt the main reason on winning. Its impossible that you cant be able to differentiate in between two things like sports betting and casino games on which determining about application of analysis.
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December 24, 2024, 02:57:06 AM
 #34

Actually both will be equally important but on average gamblers who like to bet on sports will definitely prioritize knowledge because this can become skill to analyze and predict the results of the match or the betting options that will be chosen, it just that the role of luck in my opinion will be really useful when we bet against the public or take chance that are contrary to what is favored or superior.
Everything will depend on each individual about how their methods and beliefs are when they are going to bet, I myself will be more confident with knowledge and skills even though sometimes when getting predictions and betting on them only get low odds but have fairly large increase in chance of winning.
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December 24, 2024, 03:04:52 AM
 #35

Most people who bet on sports betting must mostly use knowledge and not just bet and also depend on the odds we choose if you analyze and get higher odds of course your victory depends on luck unless you bet on a single bet and with lower odds then you will win more often usually the clubs that are favored have lower odds but yes the profits obtained are not much.
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December 24, 2024, 04:30:52 AM
 #36

Although in betting between luck and knowledge are in line, but you can't rely on luck all the time, sometimes you have to rely on your knowledge completely in analyzing the bet, and determine which team is the most appropriate for you to choose and has a big chance of winning. If you only rely on your luck, you only choose based on your feelings and you can't be sure whether the team can win or lose, meaning you only rely on how lucky you are that day - it's quite risky, especially when you don't have good bankroll management, there's a big chance you will bankrupt yourself.

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December 24, 2024, 04:44:42 AM
 #37

When you are gambling or betting, the most important thing required is luck. If your luck is not favoring you, then no matter how knowledgeable you are, you won’t be able to make any good wins. Gambling means luck only. So yes, in order to avoid any losses, you need to be extremely lucky. Knowledge helps you to get better, but luck is the one and only important thing that will decide the outcome. So don’t underestimate luck and simultaneously also try to increase your knowledge, as knowledge is directly proportional to luck. 
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December 24, 2024, 04:51:20 AM
 #38

Basically, if knowledge can be used as a guarantee in sports betting, then why are there still some people who even have a lot of experience and high flying hours in the world of sports but still lose, even though they have previously applied their analysis and skills correctly and based on various strong reasons? That is the reason why gambling is an activity that can never be predicted 100% accurately, because risk will always be part of the game, meaning it can never be eliminated, and this is also one of the reasons why risk management such as some of these limitations is very important to apply.
No matter how much analysis you make, it is still all just predictions at the end of the day as no one really knows the outcome of a game unless someone fixed the game. Even the athletes themselves do not know the outcome of the game all they can do is do their best and perform same as us. We can do our best and analyze to the best of our abilities and still lose just like athletes.
Quote
This means that luck is still an important aspect here even though you have the skills to analyze, because after all we will not be able to fully predict what will actually happen in the future, so in conclusion I can say that knowledge and luck in sports betting are two equally important things, simply knowledge can bring you closer to the chance of winning and luck is something that will ensure that you will win, a kind of combination. Wink
Yes even athletes need some luck. We often tell them good luck even if they have trained and practice for a long time because no matter how big or small luck is, it is always appreciated.

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Jody.Drummer
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December 24, 2024, 05:05:57 AM
 #39

Is knowledge more important when betting on sports or being lucky?

This has always been a question on my mind.

Many people definitely resort to knowledge when betting. At the simplest level, if they are going to bet on a football match, they look at the statistical data. How is it when playing at home and away, etc.?
Should there be luck in addition to these or is it possible to win in sports betting with only knowledge?
Gambling involves luck and that is something that plays a big role in the bets we make, but with sports betting this knowledge is quite important and in my opinion it does play a big role too because having good knowledge can increase the chances of winning, maybe this knowledge only applies to some types of gambling because not all gambling requires skill.
There is gambling that relies purely on luck such as slots, and there is gambling that does require knowledge or skills such as sports betting, unfortunately many people believe that their skills can make it easy for them to win at slot gambling when in fact it is not like that.
But with gambling that requires skill and knowledge, it is also not possible for players to be able to win consistently or survive in the long term.
ethereumhunter
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December 24, 2024, 05:18:01 AM
 #40

Knowledge will be important than luck but without luck, you can not win the games even you have knowledge. You have knowledge but you can not predicted what will happen in the field because the situation can change anytime. If you bet in a strong team, that is normal but that doesn't guarantee strong team can win from the weak team. Many times weak team beat strong team and make them lose. So knowledge with luck will be your way to win but having knowledge will better than nothing because that also help you to analyze the match and you can wait for the outcome.
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