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Author Topic: is betting skills or luck?  (Read 7347 times)

Offline Emmanuel1

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is betting skills or luck?
« on: October 05, 2024, 06:30:40 PM »
much of each depends on the particulars of the bets and the situation. This is an explanation:

 Factors that is in skills:knowledge: Knowing the odds, players, teams, and game technique can offer a player an advantage in games like sports betting.
Analysis: In order to make wise selections while betting on certain sports or basketball, it is necessary to examine patterns,data,and historical results.Money Management: Skilled gamblers are frequently adept at controlling their bankroll to reduce risk and maximize possible returns.

Factors that is in luck:Randomness: In games like jackpot, or slot machines, results are driven by Luck, skills cannot influence the results.
Unpredictable Events: Even in games involving skill, like sports betting, unexpected events (like injuries or weather conditions) can turn a well-reasoned bet into a loss. That's my opinion
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is betting skills or luck?
« on: October 05, 2024, 06:30:40 PM »

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Re: is betting skills or luck?
« Reply #1 on: October 05, 2024, 08:07:00 PM »
This topic and such post has been severally discussed here, although I will just have to put same thing because as we know the both is what makes up to successfully gambling. Without luck there is a every slim chance for you to win and without skills it's very poor to secure winning both are dependant of one another so you must be lucky and have luck to win any game especially in gambling.

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Re: is betting skills or luck?
« Reply #1 on: October 05, 2024, 08:07:00 PM »

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Re: is betting skills or luck?
« Reply #2 on: October 05, 2024, 08:44:31 PM »
Well, your question doesn't make sense, it should be like "Is winning a bet luck or skill based?'

Any form of betting can be performed by anyone and all you need is something to wager, but winning is totally depends on the luck factor. Yes other skills might be involved in certain games like poker or in sports betting but none of those give a guaranteed win.
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Re: is betting skills or luck?
« Reply #3 on: October 05, 2024, 08:48:07 PM »
This topic and such post has been severally discussed here, although I will just have to put same thing because as we know the both is what makes up to successfully gambling. Without luck there is a every slim chance for you to win and without skills it's very poor to secure winning both are dependant of one another so you must be lucky and have luck to win any game especially in gambling.
I also took to writing the same thing why people keep asking such questions about betting whether it is skill or luck, it takes simple general knowledge to understand. And besides, no matter how many tricks and tips people give, they ultimately depend on luck. Moreover, if they look at gambling sites, they will definitely find the word luck there.
So I will tell such topic creators it is not a rocket science to understand that gambling whether it depends on luck or the skill.

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Re: is betting skills or luck?
« Reply #4 on: October 05, 2024, 08:56:50 PM »
This topic and such post has been severally discussed here, although I will just have to put same thing because as we know the both is what makes up to successfully gambling. Without luck there is a every slim chance for you to win and without skills it's very poor to secure winning both are dependant of one another so you must be lucky and have luck to win any game especially in gambling.
I also took to writing the same thing why people keep asking such questions about betting whether it is skill or luck, it takes simple general knowledge to understand. And besides, no matter how many tricks and tips people give, they ultimately depend on luck. Moreover, if they look at gambling sites, they will definitely find the word luck there.
So I will tell such topic creators it is not a rocket science to understand that gambling whether it depends on luck or the skill.
Yes people keep asking this question because they don't know how both are depending on each others to work effectively. Gambling site itself also warned about gambling responsively and they also states that gambling is luck and if someone are that skillful to diverse means to explore In gambling then fine but to say that one doesn't depends on another is actually not making sense.

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Re: is betting skills or luck?
« Reply #5 on: October 05, 2024, 09:10:43 PM »
This topic and such post has been severally discussed here, although I will just have to put same thing because as we know the both is what makes up to successfully gambling. Without luck there is a every slim chance for you to win and without skills it's very poor to secure winning both are dependant of one another so you must be lucky and have luck to win any game especially in gambling.
I also took to writing the same thing why people keep asking such questions about betting whether it is skill or luck, it takes simple general knowledge to understand. And besides, no matter how many tricks and tips people give, they ultimately depend on luck. Moreover, if they look at gambling sites, they will definitely find the word luck there.
So I will tell such topic creators it is not a rocket science to understand that gambling whether it depends on luck or the skill.
Yes people keep asking this question because they don't know how both are depending on each others to work effectively. Gambling site itself also warned about gambling responsively and they also states that gambling is luck and if someone are that skillful to diverse means to explore In gambling then fine but to say that one doesn't depends on another is actually not making sense.

there are sports like boxing or MMA that sometimes a bettor will just try their luck on upset. there are just few of us who will just risk $10 to win big because of the odds they see which is just luck. but often times if the match is like Lebron James vs a midget, we pick Lebron despite the odds being just 1.10.

analysis shows the bettor knows their game and weigh the risk involve. wagering $1000 to win $100 is good if its a certain win.


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Re: is betting skills or luck?
« Reply #6 on: October 05, 2024, 09:15:09 PM »
As mentioned above, this has been discussed several times.

There are no skills that guarantee you a winning bet, of course in the end the luck factor will determine whether you will win or not.

Slot games, dice, crashes, mines, Plinko are 100% luck.

This sports betting or poker does have skills to increase your chances, the final result you can not guess, so the luck factor again.

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Re: is betting skills or luck?
« Reply #6 on: October 05, 2024, 09:15:09 PM »


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Re: is betting skills or luck?
« Reply #7 on: October 05, 2024, 09:35:12 PM »
Its a combination of both, even if its a game of chance, you will develop a hint on the right time to bet
and learning how to quit, when to quit, and when to bet, and the right mindset and approach when betting can be considered a skill, skill in betting is not only about the act of betting but also about controlling yourself so you do not get hooked on gambling.
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Re: is betting skills or luck?
« Reply #8 on: October 05, 2024, 09:36:58 PM »
much of each depends on the particulars of the bets and the situation. This is an explanation:

 Factors that is in skills:knowledge: Knowing the odds, players, teams, and game technique can offer a player an advantage in games like sports betting.
Analysis: In order to make wise selections while betting on certain sports or basketball, it is necessary to examine patterns,data,and historical results.Money Management: Skilled gamblers are frequently adept at controlling their bankroll to reduce risk and maximize possible returns.

Factors that is in luck:Randomness: In games like jackpot, or slot machines, results are driven by Luck, skills cannot influence the results.
Unpredictable Events: Even in games involving skill, like sports betting, unexpected events (like injuries or weather conditions) can turn a well-reasoned bet into a loss. That's my opinion
For me I think I go for 70/30 luck over skill when gambling because I am a fan of sportsbetting especially combat sports unlike lottery that requires one hundred percent luck this two games are quite different so maybe this also depends on what category we are betting at.

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Re: is betting skills or luck?
« Reply #9 on: October 05, 2024, 09:45:45 PM »
This topic and such post has been severally discussed here, although I will just have to put same thing because as we know the both is what makes up to successfully gambling. Without luck there is a every slim chance for you to win and without skills it's very poor to secure winning both are dependant of one another so you must be lucky and have luck to win any game especially in gambling.
I also took to writing the same thing why people keep asking such questions about betting whether it is skill or luck, it takes simple general knowledge to understand. And besides, no matter how many tricks and tips people give, they ultimately depend on luck. Moreover, if they look at gambling sites, they will definitely find the word luck there.
So I will tell such topic creators it is not a rocket science to understand that gambling whether it depends on luck or the skill.
Yes people keep asking this question because they don't know how both are depending on each others to work effectively. Gambling site itself also warned about gambling responsively and they also states that gambling is luck and if someone are that skillful to diverse means to explore In gambling then fine but to say that one doesn't depends on another is actually not making sense.

there are sports like boxing or MMA that sometimes a bettor will just try their luck on upset. there are just few of us who will just risk $10 to win big because of the odds they see which is just luck. but often times if the match is like Lebron James vs a midget, we pick Lebron despite the odds being just 1.10.

analysis shows the bettor knows their game and weigh the risk involve. wagering $1000 to win $100 is good if its a certain win.
Not even up to 0.5x of the total amount staked, although we can say it's good but some risk aren't worth taking because what if you lose $1k at the dispensation of 100$ as win? Is this logical, at least maybe 1/5 of total amount bet is something cool to win than losing. So, again it also rely on luck and chance because you wouldn't be surprised how the other wins.

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Re: is betting skills or luck?
« Reply #10 on: October 05, 2024, 10:09:06 PM »
That's my opinion
Your opinion about betting has been taken into notes, for my own opinion, on the issue of Burton, and if it depends on luck or skill has always been that there are games where No skill is required, simply just luck. Then there are the games or sports where skills is needed in addition to the luck that you have to win.

In conclusion for me, games that require skill also need a measure of luck, but games that just require luck will require no skill at all.
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Offline Ricardo11

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Re: is betting skills or luck?
« Reply #11 on: October 06, 2024, 08:04:49 AM »
Well, your question doesn't make sense, it should be like "Is winning a bet luck or skill based?'

Any form of betting can be performed by anyone and all you need is something to wager, but winning is totally depends on the luck factor. Yes other skills might be involved in certain games like poker or in sports betting but none of those give a guaranteed win.
Yes I also agree with you, we can only use experience and skill in sports betting or poker games, which can reduce our chances of losing a bit. but, there is no guarantee of outcome in such bets as it is out of control and completely governed by luck.
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Offline summonerrk

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Re: is betting skills or luck?
« Reply #12 on: October 06, 2024, 11:33:48 AM »
Well, your question doesn't make sense, it should be like "Is winning a bet luck or skill based?'

Any form of betting can be performed by anyone and all you need is something to wager, but winning is totally depends on the luck factor. Yes other skills might be involved in certain games like poker or in sports betting but none of those give a guaranteed win.
Yes I also agree with you, we can only use experience and skill in sports betting or poker games, which can reduce our chances of losing a bit. but, there is no guarantee of outcome in such bets as it is out of control and completely governed by luck.

That's right, and that's why such games are called gambling. After all, gambling only occurs when there is an element of luck in the game. If luck doesn't influence the game, as it did in chess, the game won't be gambling.
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Re: is betting skills or luck?
« Reply #13 on: October 06, 2024, 12:18:12 PM »
Well, your question doesn't make sense, it should be like "Is winning a bet luck or skill based?'

Any form of betting can be performed by anyone and all you need is something to wager, but winning is totally depends on the luck factor. Yes other skills might be involved in certain games like poker or in sports betting but none of those give a guaranteed win.
Yes I also agree with you, we can only use experience and skill in sports betting or poker games, which can reduce our chances of losing a bit. but, there is no guarantee of outcome in such bets as it is out of control and completely governed by luck.
If the gamblers is gambling against the house or sport betting site, it is still a game of luck and not skills even if it is poker or sport. When it can be seen not as a game of luck is when the gambler is very good and professional and competing with other gamblers. But if the gambler compete against casinos that has house edge or against sport betting sites that set the odds, they will make money from the gambler. That is luck if the gambler make money from them.

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Re: is betting skills or luck?
« Reply #14 on: October 06, 2024, 01:28:24 PM »
This topic and such post has been severally discussed here
yup there are so much posts here already asking the same thing and op’s explanation is pretty much the same as everyone else’s at this point i refuse to believe that there are really people out there who thinks they can win a game that requires knowledge and skills just by pure luck

with how much this has been discussed you’d think people would be wise enough to gamble responsibly

 

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