When gambling what do you measure? Luck or chances?

[Dr.Bitcoin_Strange]

I measure both factors while gambling or betting, during casinos games, I wish for luck always because I don't think there's any casinos games with higher chance of winning over another, they are all luck based games and the house edge makes it so easy for the casinos to win more than gamblers, I wish for luck while gambling but sports betting has its pattern, tho luck is very much needed but you can either choose to bet on a game that has a very high chance to go as you have predicted or you can risk on tough game that the result can be sideways.

[MAAManda]

Interesting I usually prefer skill games where luck plays a role but you can improve and get better over time
this way I can see the arch of improvement and see how I was at the beggining and what I became
it's nice

With luck I feel like somehow you get the stories and experiences but stays in the same level.

Honestly, I don't get the point of your statement, mate. What do you mean by that, you prefer to play bets that rely more on skill & analysis, like in sportsbooks?

I personally used to prefer skill-based & analytical games like that, but with them, we can measure our potential winnings. Unlike slots, where we have a maximum win, we really don't know what will happen, the outcome I mean .

[Hanadawa]

-snip- tho luck is very much needed but you can either choose to bet on a game that has a very high chance to go as you have predicted or you can risk on tough game that the result can be sideways.

I believe that gambling, such as sports betting, requires not only luck but also skill. However, in my personal experience, luck still plays a significant role, as sports bets like soccer have a winning chance of around 33%. In fact, I recently tried making predictions in the MSC tournament, a tournament for the mobile legends game. At that time, Onic PH played Team Aura with odds of 1.2 for Onic and 5 for Aura. That's a huge difference. I picked Onic PH because I thought they would win easily, but beyond my prediction, Team Aura defeated Onic PH with a score of 2-1. Those who relied on analysis and odds lost, but those who chose Team Aura because they relied solely on luck managed to gain a fivefold profit.

[summonerrk]

Different gambling activities have different chances attached to them and when I mean chances I am referring to the probability you have for actually win the bet or hit the jackpot in games like crash and slots. This is basically because sometimes unrealistic bets can sometimes play out as a win and some other times bets that have a high winning chance can eventually become the losing bet.

I believe people who gamble on sports may understand this better since sometimes in sports betting some gambler's prefer to go for the smaller odds that usually have a higher winning chance and sometimes they can still end up a losing game however some prefer to go for the big game with big odds and smaller winning chances.

What's usually your pick as a gambler since sometimes some persons are luckier than others?

At first glance, it turns out that if someone bets often, but with small chances, then you will have many small wins. And if someone bets on a bet where it is rare, but you can win a lot, then over a long distance he will get exactly the same result as the first bettor with small bets.
The whole point is that the bettor must have enough money to create a long distance, because if he bets on events with a small chance of winning and a large prize, then he may never see a win during the entire period of gambling.

[l3pox]

I measure fun.

As long as i am having fun, it doesn’t matter if I lose really. I make my bets, go watch games, my adrenaline levels rise, my heart pumps faster, i get excited and then it is over… I make my next bet and experience all one more time.

Most people can’t understand this as they are obsessed with making money from gambling. Whenever I see a guy like that I only ask one question: “If you want to make money why don’t you get a job?”

do you ever get really stressed if you are losing many in a row?
or you take it easy and stay chill even if you're not winning?
streaks are probably the hardest things to mess with emotions

some people get arrogant and on top of the world when they're winning a lot and really depressed if they keep on losing

[Oluwa-btc]

Basically,gambling is not predictable it can be based on luck or by chance.We often say gambling is a game of luck,you might get lucky overtime but the probability of having much wins is majorly dominated by the chance.That's my favourable experience so far,the earlier we understand that Gambling happens unexpectedly the better for us.

[CryptoHeadlineNews]

What's usually your pick as a gambler since sometimes some persons are luckier than others?

Basically, the primary intention of every gambler has always been to be lucky some say to win a huge sum of money, despite the fact that they also consider the chance to which a team stand against either winning or losing a match. And as such, I can say that the primary intention the majority of gamblers have is to target bigger odds with a small betting amount, while hoping to be lucky to win big. Since either when you target bigger odds or not, you still stand the chance of losing your bet too if the vet doesn't go as predicted. Hence, it's best to just target bigger amount, knowing funny well you stand a 50/50 chance to win or lose.

[leonair]

Different gambling activities have different chances attached to them and when I mean chances I am referring to the probability you have for actually win the bet or hit the jackpot in games like crash and slots. This is basically because sometimes unrealistic bets can sometimes play out as a win and some other times bets that have a high winning chance can eventually become the losing bet.

I believe people who gamble on sports may understand this better since sometimes in sports betting some gambler's prefer to go for the smaller odds that usually have a higher winning chance and sometimes they can still end up a losing game however some prefer to go for the big game with big odds and smaller winning chances.

What's usually your pick as a gambler since sometimes some persons are luckier than others?

Gambling is all about luck. But we are always waiting for an opportunity. And we think that the next bet may be our chance. But until our luck works, it is impossible to win in that bet. No one can deny that gambling is not dependent on luck. Looking for opportunities only comforts us that the next try may be our better luck. However, when we gamble, the matter of luck is not in our mind. We think that if we change the strategy, then maybe we will win. And thus we cannot stop gambling easily. However, allocating a specific budget can protect us from gambling addiction in the long run.

[Sandra_hakeem]

Different gambling activities have different chances attached to them and when I mean chances I am referring to the probability you have for actually win the bet or hit the jackpot in games like crash and slots. This is basically because sometimes unrealistic bets can sometimes play out as a win and some other times bets that have a high winning chance can eventually become the losing bet.

That's why it called 'Gambling". You're not supposed to know which will come through, just make a rough guess, with the help of tool at your disposal and that's it... If it pays, it pays. I'm very emphatic about slot games as there are no formulas, strategies whatsoever to win major.

however some prefer to go for the big game with big odds and smaller winning chances.

Those set of games are called the underdogs. The reason most prefer them over the favourites would simply be that they generate a heavier win if it's their lucky day. Some believe in staking on the underdogs althrough, without getting bothered about how much they've lost -- they believe they'll surely recover all of it in a single win.

[Agbamoni]

Basically,gambling is not predictable it can be based on luck or by chance.We often say gambling is a game of luck,you might get lucky overtime but the probability of having much wins is majorly dominated by the chance.That's my favourable experience so far,the earlier we understand that Gambling happens unexpectedly the better for us.

Many people dont believe gambling is both luck and chance. And by change we mean being in the right place at the right time. We cant be lucky if we dont make analysis that we make us settle for a good odd. Except in casino games that I do believe in randomness. Any game that requires skills to function, it sure have to be both luck and chance for us to in. A typical example is sports betting, poker games (table games in general though) etc.

[HONDACD125]

Basically,gambling is not predictable it can be based on luck or by chance.We often say gambling is a game of luck,you might get lucky overtime but the probability of having much wins is majorly dominated by the chance.That's my favourable experience so far,the earlier we understand that Gambling happens unexpectedly the better for us.

Just like trading, gambling has different types, and each type can have a different nature. It has already been described by other friends above, but I would like to go ahead and throw my two cents about it as well.

When someone is into casino games, be it slots, dice, plinko, crash, roulette, or any other game you can think of, you can't rely on anything other than luck for you to win. Some people believe they can find certain patterns from the results of the last few rounds in a casino game and predict the next outcome. I say that is BS, and you can't predict anything based on that because the results are completely random, and a random result can't be guessed with accuracy.

On the other hand, sports betting is a type of gambling where your knowledge and experience play the biggest role, and luck only has cameos sometimes. If you have a lot of knowledge and experience about a certain sport, you will most likely have a pretty high success rate when you make bets on games of that sport, and occassionally, luck pay interrupt your momentum.

[Strongkored]

What's usually your pick as a gambler since sometimes some persons are luckier than others?

I don't have a fixed pattern. I sometimes bet on low odds, but rarely below 1.40, as I don't feel they're worth choosing unless I'm including them in multi-bets. I also sometimes like to bet on high odds, especially based on player statistics I know well.
The results are always random, losing at low odds and winning at high odds. That's the nature of gambling, as it's difficult to predict the outcome of a match.

[stompix]

I always still believe there is nothing called professional gamblers or bettors or whatever they are called online. This is because many of them that said they are professional either have other means to make money and they do not need to depend on gambling at all, but while gambling, some fall into trouble because they are not able to manage their money appropriately or because they thought they are professional gamblers.

There are plenty of them.
You can go and check reputable websites that provide tips, there are a lot of guys there with over a decade of history, that are profitable, if we go even to guys that offer just event tips, the guys dealing with racing post for example have had for the last years a profitable tip history, not by much, we're not talking here about doubling your bankroll but somewhere in the 25%-30% area for best years, depeding on your bankroll and actual capacbility to place all the bets so you don't lose out on random picks you would have been in profit. Of course, past experience doesn't mean a thing, and betting with them for only a few months might be a losing choice, but still, I will stand my pov, there are guys who do this as a living.
Alan Potts and Tom Segal, for example, are documented tipsters, both have two decades of tracked history.

 

[Ever-young]

I measure both factors while gambling or betting, during casinos games, I wish for luck always because I don't think there's any casinos games with higher chance of winning over another, they are all luck based games and the house edge makes it so easy for the casinos to win more than gamblers, I wish for luck while gambling but sports betting has its pattern, tho luck is very much needed but you can either choose to bet on a game that has a very high chance to go as you have predicted or you can risk on tough game that the result can be sideways.

Well, some card games are an exception, like poker and blackjack, even if you'll need luck in these games, your victory depends on how good a player you are, how clean your experience, strategy and skills are in those games, it really doesn't matter how lucky you are, if you're not more skilled than your opponent, you'll definitely lose to your opponent. These card games are played in the casino, so I guess we could say they are casino games and they're also skilled based because you gotta know how to be able to predict your opponent's next move and quickly come up with a counter attack strategy.

[traderethereum]

Basically,gambling is not predictable it can be based on luck or by chance.We often say gambling is a game of luck,you might get lucky overtime but the probability of having much wins is majorly dominated by the chance.That's my favourable experience so far,the earlier we understand that Gambling happens unexpectedly the better for us.

Many people dont believe gambling is both luck and chance. And by change we mean being in the right place at the right time. We cant be lucky if we dont make analysis that we make us settle for a good odd. Except in casino games that I do believe in randomness. Any game that requires skills to function, it sure have to be both luck and chance for us to in. A typical example is sports betting, poker games (table games in general though) etc.

But we should realize that gambling need luck. That is the key to winning the games, whether you play gambling games based on luck or skill. Many gamblers test their luck in gambling and expect to make money but most gamblers just lose their money and regret it.

We just need to remember that gambling can make us win or lose. So we need to adjust our money to the amount that we can afford to lose. If we can do that, we will not think much about the result because we can accept it without ease.

Luck or chances will not bother us because both can come anytime without we know. Instead thinking about winning the games, it is better we just think how we can have fun in gambling.

[xenomorfo]

I measure both factors while gambling or betting, during casinos games, I wish for luck always because I don't think there's any casinos games with higher chance of winning over another, they are all luck based games and the house edge makes it so easy for the casinos to win more than gamblers, I wish for luck while gambling but sports betting has its pattern, tho luck is very much needed but you can either choose to bet on a game that has a very high chance to go as you have predicted or you can risk on tough game that the result can be sideways.

This philosophical analysis of chance and luck is very interesting, but in my opinion also quite useless.
Chances are given precisely by luck, then obviously it's up to you to seize them and exploit them, but if you're unlucky or your karma is bad, the opportunities don't present themselves and so even if you're good at seizing them you can't.

[ajanwalker]

First, you must have luck, then you must have fortune. When these two things come together, you can win at gambling. If even one of these is missing, winning is impossible.

In slot games, luck alone may be sufficient, but in many card games like poker, winning requires not only luck but also the presence of fortune on your side.

[Dr.Bitcoin_Strange]

-snip- tho luck is very much needed but you can either choose to bet on a game that has a very high chance to go as you have predicted or you can risk on tough game that the result can be sideways.

I believe that gambling, such as sports betting, requires not only luck but also skill. However, in my personal experience, luck still plays a significant role, as sports bets like soccer have a winning chance of around 33%. In fact, I recently tried making predictions in the MSC tournament, a tournament for the mobile legends game. At that time, Onic PH played Team Aura with odds of 1.2 for Onic and 5 for Aura. That's a huge difference. I picked Onic PH because I thought they would win easily, but beyond my prediction, Team Aura defeated Onic PH with a score of 2-1. Those who relied on analysis and odds lost, but those who chose Team Aura because they relied solely on luck managed to gain a fivefold profit.

Yea, sport betting can be like that most of the time, that's why it is called betting because you don't completely know what the outcome would be and even when we claim to know the team that has a high chance of winning , they can disappoint us and lose the game, there by causing our bet to cut. That's why sometimes, we should also listen to our intuition because we could be so confident of our prediction but our mind can tell us to do a reversed bet against the initial prediction and if you do, the game can be successful just like the example you gave.

[Agbamoni]

But we should realize that gambling need luck. That is the key to winning the games, whether you play gambling games based on luck or skill. Many gamblers test their luck in gambling and expect to make money but most gamblers just lose their money and regret it.

We just need to remember that gambling can make us win or lose. So we need to adjust our money to the amount that we can afford to lose. If we can do that, we will not think much about the result because we can accept it without ease.

You are saying something different from what I was saying. I never doubted the fact that gambling needs luck, but it does not need luck alone for you to win. I think our definition of a win differs. For me, if you want to win in gambling it has to be in the long term, the short wins you make dont make you a winner honestly. And yeah, if you want to win more often it has to be a combination of both luck and chance.

[libert19]

  What's usually your pick as a gambler since sometimes some persons are luckier than others?

I don't believe in personal luck, and I go with chances in casino games because it's hard to be lucky with 5% winning chance, you know what I am sayin? While in sports betting, I go according to my knowledge irrespective of odds.