When gambling what do you measure? Luck or chances?

[aylabadia05]

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

It depends on the type of gambling being played. If it's sports betting, I think what matters is the odds, not luck.
Both odds and luck can be important in sports betting. This happens when gamblers choose to place parlay bets. When a parlay bet is placed, relying on odds alone is not enough; luck is also a factor.
If one or two matches go as expected, the outcome of the other matches may not be as anticipated. If the bet on the third match loses, the entire bet will be considered a failure.

[DubemIfedigbo001]

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.  

 
One reason I stopped going for smaller odds only during my sessions is because it makes me increase my stakes in order to see a tangible pot. winning, so in the event It ends in a loss, I loose more money than I should've allocated to a single unit of bet and it reduces my session time since when my bankroll gets exhausted, my session ends. I prefer going more well analyzed multipliers and stake it with little amounts, like 3 or 4 bet slips before using the rest of my bankroll to focus on crash games my new found hobby.

 

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

I believe luck is seasonal for a gambler, sometimes I get lucky and win very well and sometimes I don't. Some people who you think are very lucky may have lost a great deal before their lucky moments came by, so as a gambler, I try to have fun in whichever season comes my way.

[Sandra_hakeem]

 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.

Makes no sense to say you go with chances -- the tendency that one can claim a win in gambling (be it sport betting/ casino gambling), but you don't believe in luck. How do you define luck?

 Unless it has another definition in your dictionary that has to do with superstitions and all whatnot, what's the difference??
Luck is the success or failure apparently brought by chance, rather than one's own action. This is the standard definition for it jsyk. Everything depends on on several factors in gambling to put your ticket in that winning slot. From time, to your stake, to the odds and to how frequent other gamblers have won for the time, day/week.

[Reatim]

 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.

Makes no sense to say you go with chances -- the tendency that one can claim a win in gambling (be it sport betting/ casino gambling), but you don't believe in luck. How do you define luck?

 Unless it has another definition in your dictionary that has to do with superstitions and all whatnot, what's the difference??
Luck is the success or failure apparently brought by chance, rather than one's own action. This is the standard definition for it jsyk. Everything depends on on several factors in gambling to put your ticket in that winning slot. From time, to your stake, to the odds and to how frequent other gamblers have won for the time, day/week.

no one can really know if they are lucky until they have seen the results.

you can say that you feel lucky but are you really? it will only be proven once you win the bet and sometimes winning once is not even indicative of being lucky sometimes you have to win consecutively to say that you’re really lucky

[mirakal]

I’ll go for the higher probability of winning chances because that’s our ultimate goal, to make money and earn more money from gambling. But let’s not also forget that part of the reason we won is because we got the luck that time. I still believe luck plays a vital role in gambling. And if you aren’t lucky or luck isn’t at your side, the chances of winning is very low.

So if one decides to gamble, don’t just grow your knowledge and skills, but attract your luck as well.

[junder]

no one can really know if they are lucky until they have seen the results.

you can say that you feel lucky but are you really? it will only be proven once you win the bet and sometimes winning once is not even indicative of being lucky sometimes you have to win consecutively to say that you’re really lucky

Luck is inherently intangible, so no one knows when it will strike, and even if we do, no one knows how long it will last. What's important to remember is that gambling, in my opinion, heavily involves luck, so capitalizing on winnings or profits is essential. Regardless, every gambler has their own personality. When they win and feel lucky, some immediately withdraw their winnings without a second thought, while others continue because they still feel lucky to win again.
Indeed, a streak in gambling is a very slim event, because winning is impossible, especially since we know the player's chances of winning are slimmer than the chances of losing.

[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.

Makes no sense to say you go with chances -- the tendency that one can claim a win in gambling (be it sport betting/ casino gambling), but you don't believe in luck. How do you define luck?

You go with 5% winning chance roll in dice, and win that roll then it's luck, because there was minimal chance to win that roll, you have to be lucky to win this bets.

As for me saying, I don't believe in 'luck' — you can re-read the statement you quoted, I meant 'personal luck' there implying I don't believe in one person being luckier than others — this was remark to op saying, "some persons are luckier than others".

[LastKiss]

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?

Never thinking about this honestly, when I go gamble on sports betting I bet on my favorite team if the odds is higher I used small amount to bet when the odds is smaller I increase my amount to bet so nothing complicated if I lose the bet. When I play slots I only pick a game that I want to play never used big money on slots tho.

[Julien_Olynpic]

Now I am inclined to choose players and teams in those games and matches where there are high odds and low chances of winning. However, among such bets, we should choose those in which we have found some non-optimality with the help of additional analysis. Or this is also called the word "inefficiency", ineffective bets. In other words, in sports betting, we must find the side that is wrong and this error must spread to the side with high odds and low nominal chances of winning.

[bubilas]

I’ll go for the higher probability of winning chances because that’s our ultimate goal, to make money and earn more money from gambling. But let’s not also forget that part of the reason we won is because we got the luck that time. I still believe luck plays a vital role in gambling. And if you aren’t lucky or luck isn’t at your side, the chances of winning is very low.

So if one decides to gamble, don’t just grow your knowledge and skills, but attract your luck as well.

I agree that this is the right approach because those who like to bet on a small chance of winning and big prizes are wrong. The fact is that such bettors may never see the prize money. Because a long distance and a large deposit are needed so that in the end this strategy begins to bring profit. It is necessary to analyze the odds very much and look for those that seem erroneous from the bookmaker's side.
AI can also help with this, which analyzes the results of previous team meetings well, and other factors influencing the game.

[Smartprofit]

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?

Your question made me think... I don't really have a strict gambling system - I constantly test different gambling games and different tactics and strategies. Sometimes I want to try a gambling game with a high chance of success, but (at the same time) with a small potential win. And sometimes I want to try a new gambling game with a small chance of success. However, if this chance is eventually realized, the potential win will be very large.🃏

Why do I do all this? Perhaps, I just like variety. Many gamblers believe that we make certain decisions based on some objective criteria. But in fact, very often we act irrationally, guided by our current emotions and general psycho-emotional state. In the end, we are people and are not obliged to always act rationally.🤷

In addition, there are many different gambling games, each of which has its own subtleties of implementation, and in order to figure them out, you need to experiment. That is why in practice I experiment a lot - I try to understand how this or that game works.  Unfortunately, theoretical knowledge alone is not enough here, practical experience is needed🦉

From a theoretical point of view, a large potential win with a small probability is preferable. After all, having won once, you can radically change your whole life. But, I will note, it must be a really large monetary win.🎯

[Hispo]

 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.

Makes no sense to say you go with chances -- the tendency that one can claim a win in gambling (be it sport betting/ casino gambling), but you don't believe in luck. How do you define luck?

You go with 5% winning chance roll in dice, and win that roll then it's luck, because there was minimal chance to win that roll, you have to be lucky to win this bets.

As for me saying, I don't believe in 'luck' — you can re-read the statement you quoted, I meant 'personal luck' there implying I don't believe in one person being luckier than others — this was remark to op saying, "some persons are luckier than others".

Is there any perceived luck which is not personal when we talk about gambling, though?
Also, I don't believe in luck as it is known traditionally, in general we all build our own luck with our actions and the choices we take each day in our life. Nevertheless, there are some very interesting and baffling cases in which a single person managed to beat the chances and that a long streak of wins in gambling, to the point casinos had to ban them.
There have been also instances of people winning the lottery twice, and there are also examples which have nothing to do with gambling, as the Indian-British man who survived that recent airplane crash in India when he was going back to the UK with his family. The was the only survivor.

So even though you don't believe in luck, you gotta admit there are people who beat all possibilities and we could tag or categorize as "lucky".

[SATWAT]

Is there any perceived luck which is not personal when we talk about gambling, though?
Also, I don't believe in luck as it is known traditionally, in general we all build our own luck with our actions and the choices we take each day in our life. Nevertheless, there are some very interesting and baffling cases in which a single person managed to beat the chances and that a long streak of wins in gambling, to the point casinos had to ban them.
There have been also instances of people winning the lottery twice, and there are also examples which have nothing to do with gambling, as the Indian-British man who survived that recent airplane crash in India when he was going back to the UK with his family. The was the only survivor.

So even though you don't believe in luck, you gotta admit there are people who beat all possibilities and we could tag or categorize as "lucky".

In last few months I watch too many threads related to luck and gambling with mostly peoples believe in gambling luck is always powerful act but still I am also in favor anyone can change his luck by own, but it's not for all and easy.
You have nothing to prove this because it's not possible, but things can take changes as you mentioned many banned by casinos just because of consistent wins It's happen just for one or two in thousands same apply in lottery just one or two in decades able to won consistently mostly depend on luck.
But still any person can bring changes by his own because its nature of human to do things which looking impossible so it's also possible in gambling but still luck is always involved in this because without luck its never been easy to won anything from gambling.

[Hatchy]

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

The truth is that one cannot be too sure of which game would be the winning game. What matters is that you are able to manage your risk very well and avoid unnecessary losses.. though losses is inevitable as it's something that every gambler needs to put at the back of their mind. So if you are lucky you might end up with a reasonable amount of win. Sometimes too, what ruins our games is the greedy part of us. We get the chance to cash out but we just say to our self that it's not enough and wait. Eventually we end up losing the game. So it's still just being lucky but even luck varies..

[eisen33]

The truth is that one cannot be too sure of which game would be the winning game. What matters is that you are able to manage your risk very well and avoid unnecessary losses.. though losses is inevitable as it's something that every gambler needs to put at the back of their mind. So if you are lucky you might end up with a reasonable amount of win. Sometimes too, what ruins our games is the greedy part of us. We get the chance to cash out but we just say to our self that it's not enough and wait. Eventually we end up losing the game. So it's still just being lucky but even luck varies..

Losses happen too often so that you can forget about them or completely get rid of them. Luck or analysis is only important for those players who are really good in some kind of sport, because they can count on their knowledge, and for everyone else it will only be a game of luck. And in order not to depend on this luck, make only bets on the money that are ready to lose, then this will not affect your mood too much. Even if you are good Bettor, you still need to be able to manage risks.

[mak013]

If you bet on low odds you willn`t win a lot. Anyway you will lose time to time. With small odds you will need 2-3 wins on 1 loss just not to lose. Much better to search information and find doubtful events with big odds. Here you can need 1 win for 2-3 losses. Also you can search "bookie mistakes" - when bookie gives big odd to the strongest team. It is more often than we think, especially in low leagues.
As for me - i use only high odds, mostly more than 2.5 and try to catch bookie mistake.

[rachael9385]

Chances. Luck is very rare to happen. Chances are sometimes obvious, like in sports betting. There was a time I bet on a player's props total stats. 55 total rebounds, points, and assists. Yes, it was for Nikola Jokic. When I checked the props before the game started, it went up to 57 with the same amount to win. The cashout button is already open, and the game hasn't even started yet, but I could cash it out as a winner.

Now, that's a chance. It ain't luck because I really believed that the player mentioned could reach the amount that I input, and so I won that bet without even a need to wait for the game to start.

Sometimes when the odd reduces it doesn't necessarily mean that the game is going to be a hundred percent just as you predicted, there's also a possibility that it might still go wrong but for the fact that the odds are being reduced and the cashout offer is increased it means that  you have a chance of winning. It's better to rely on chances that to always consider getting Lucky because it comes with a lot of uncertainties

[Ryu_Ar1]

The two are inseparable because no matter how great the opportunity but no luck, the situation will obviously be quite bad and this will not go well and vice versa where luck can also be possible if it is supported by good opportunities then it will be even more valuable.

Indeed, when playing casino gambling or playing slots, everything changes where luck becomes a determinant in this case but for sportsbetting, it is clear that opportunities and analysis can also be a determinant, which means that when the opportunities are owned and luck comes, it is possible for us to get a much greater probability of winning.

So in this case I think these two things are related to each other and we cannot choose one because the hope is clear that both come when we start gambling that we do.

[Odusko]

The aim of every gamblers is to win and as much as we can say so we have to make sure that we go for games that we are sure if winning because at a point following odds is far better when you choose the odds yourself based on your understanding of the team playing, for me is better to risk a big amount of money to stake on a low odds if I am sure of winning the bet, the ultimate aim is to win and not lose along the line, most small odds always end in winning unless something unexpected happen along the line.

[Stormisover]

When gambling you have to measure them both luck and chance, because that's exactly what keeps you moving as gambling is never guaranteed of win so you need to be on the lucky side and again pray for your chances of winning, aside this there's nothing in gambling, Manny may think they are kinda certain of a particular game and are sure of winning but without luck on their side the game will still cut that's why I will always tell people there's nothing like being sure in the game of gamble, that's why it's called gamble because you're not really sure if the game so you put in money properly hoping for increase but without luck you will lose,so you really gat measure them both which is luck and chance because that's the only thing that keeps you moving.