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Author Topic: is betting skills or luck?  (Read 7394 times)

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Re: is betting skills or luck?
« Reply #45 on: October 16, 2024, 02:49:05 PM »
I think we are talking about gambling here, and it is very different when we work in the real world, like the office you mentioned. Of course skills are very important in a job.

In gambling everything is different, in sports betting for example. It may be true that we have to be able to analyze a match, both teams that will compete and so on, but in the end the result is still related to luck. But it comes back to our respective views, I agree with that.
I would agree with you and also say that if you look at it the way he says, everything in the world depends on luck. Like today I left office to go home or left home to go to office but it also depends on luck, because it may happen that I go in the middle of the road and go in the opposite direction of my destination without any serious reason not to mention the accident. But comparing these things with gambling is absurd because we all know that gambling is a game and real life is fact.
Well I want to add, in the job the salary that we will get is certain every month, depending on the company's policy whether there is overtime or there are deductions if we do not come to work, but every month we will definitely receive a salary.

While in gambling there is no certainty whether we will win or lose, and the risk of losing is certainly greater. This cannot be compared at all because the two have very significant differences.

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Re: is betting skills or luck?
« Reply #45 on: October 16, 2024, 02:49:05 PM »

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Re: is betting skills or luck?
« Reply #46 on: October 16, 2024, 09:03:05 PM »
Well I want to add, in the job the salary that we will get is certain every month, depending on the company's policy whether there is overtime or there are deductions if we do not come to work, but every month we will definitely receive a salary.

While in gambling there is no certainty whether we will win or lose, and the risk of losing is certainly greater. This cannot be compared at all because the two have very significant differences.
You are also right that in some case I also saw the differences while people doing their jobs and even then they get the salary. And in some jobs it has been seen that they are getting a fixed salary year after year along with proper increments. We cannot compare these things in any way to gambling because in gambling it is true that many people can get rich by hitting the jackpot but it will be seen that one out of millions of people gets so lucky.
So gambling is totally dependent on luck and should be taken as entertainment and never think that through skill a good amount can be earned from it.

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Re: is betting skills or luck?
« Reply #46 on: October 16, 2024, 09:03:05 PM »

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Re: is betting skills or luck?
« Reply #47 on: October 16, 2024, 09:04:30 PM »
I think that when a person bets on a sport that he knows and can demonstrate that his criteria are valid, then it is demonstrated that it is a skill, and that sometimes luck can help him, but luck in sports betting is there but not with the intensity that it has in a casino where things are previously done at random, in casinos with slot machines, with any other type of game if it is pure luck , the Strategy only works when it is to be useful, on the other hand in sports betting it does not , so I am more inclined to think that it can be a skill.
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Re: is betting skills or luck?
« Reply #48 on: October 17, 2024, 07:00:18 PM »
What you should know that whatever experience you gain at the cost of playing any game is skills and from what you have gained or experienced you can also practice the same while gambling next time, but the winning probability as we know solely rely on luck and chance, just as you have made mention of dice because you can't tell which side of dice to play so, while playing you gain lot of experience to make it a skill for the player.
When a game's winning probability depends entirely on luck, that game's experience or skill is worthless. And that's why I said that casino games like dice, pinklo or aviator etc don't need any skill to play them, maybe you can see different content makers on youtube making videos in different ways that you can win if you play these tricks but to me all of them seem fake. There may be a reason behind this and that is the paid promotion of gambling sites.
Something that depends on luck is something that I feel cannot be associated with skill, I mean no matter how skilled we are, if we are not lucky, it will not bring any victory at all.

How many possible numbers will come out in a dice game for example? Yes, the possible numbers that come out are very many, therefore our percentage of winning is very small because it depends heavily on luck.

The fact that something is based on luck does not negate the importance of skill. I believe that most of the time, skill attracts luck. Luck, in my opinion, is the reward for effort. A gambler does not make rash decisions and hope to be lucky.

Even though there have been cases where a gambler has recorded success after making what appears to be a bad decision at first and still winning, the truth is that such events occur only 1% of the time, so gamblers should not believe that everything about gambling is based on luck and then fail to make efforts where they should.

I have seen gamblers try to study casino algorithms, and while they do not always win, they have had more success than those who do not pay attention to such things.
This what i am saying as well, we should always have the hope of luck but should entire ignored experience or skills because, skills is that amount of efforts put to study and understand how they games are mostly functioning than luck, and just as you said luck is just a reward gotten from skills it could be either for the hard work one had put in place or the demonstration of love and peace in a work place.

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Re: is betting skills or luck?
« Reply #49 on: October 17, 2024, 10:01:39 PM »
What you should know that whatever experience you gain at the cost of playing any game is skills and from what you have gained or experienced you can also practice the same while gambling next time, but the winning probability as we know solely rely on luck and chance, just as you have made mention of dice because you can't tell which side of dice to play so, while playing you gain lot of experience to make it a skill for the player.
When a game's winning probability depends entirely on luck, that game's experience or skill is worthless. And that's why I said that casino games like dice, pinklo or aviator etc don't need any skill to play them, maybe you can see different content makers on youtube making videos in different ways that you can win if you play these tricks but to me all of them seem fake. There may be a reason behind this and that is the paid promotion of gambling sites.
Something that depends on luck is something that I feel cannot be associated with skill, I mean no matter how skilled we are, if we are not lucky, it will not bring any victory at all.

How many possible numbers will come out in a dice game for example? Yes, the possible numbers that come out are very many, therefore our percentage of winning is very small because it depends heavily on luck.

The fact that something is based on luck does not negate the importance of skill. I believe that most of the time, skill attracts luck. Luck, in my opinion, is the reward for effort. A gambler does not make rash decisions and hope to be lucky.

Even though there have been cases where a gambler has recorded success after making what appears to be a bad decision at first and still winning, the truth is that such events occur only 1% of the time, so gamblers should not believe that everything about gambling is based on luck and then fail to make efforts where they should.

I have seen gamblers try to study casino algorithms, and while they do not always win, they have had more success than those who do not pay attention to such things.
This what i am saying as well, we should always have the hope of luck but should entire ignored experience or skills because, skills is that amount of efforts put to study and understand how they games are mostly functioning than luck, and just as you said luck is just a reward gotten from skills it could be either for the hard work one had put in place or the demonstration of love and peace in a work place.
Luck is by chance and skill is based on your knowledge and understanding of the game. You can have the skill and when there's no luck attached to it, you will not win your bet. Some gamblers just predict the outcome of a match without proper analysis, and  you will be surprised that they won their bet. However, it is good to bet on games that you have knowledge about.

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Re: is betting skills or luck?
« Reply #50 on: October 18, 2024, 11:07:39 AM »
Luck is by chance and skill is based on your knowledge and understanding of the game. You can have the skill and when there's no luck attached to it, you will not win your bet. Some gamblers just predict the outcome of a match without proper analysis, and  you will be surprised that they won their bet. However, it is good to bet on games that you have knowledge about.

Take a survey of the most successful gamblers, particularly those involved in sports betting, and you will discover that they always conduct extensive research or obtain their games from individuals who do the research. Research exposes gamblers to a wealth of information that has the potential to influence the outcome of a game. This is why it is critical to conduct research before making any gambling decisions.

Without a doubt, research cannot make any gambler win all of the time, but the truth is that with research, a gambler will have a higher success rate than a gambler who is content with making random selections and hoping to win by chance. 
« Last Edit: October 20, 2024, 10:28:10 AM by Igebotz »
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Re: is betting skills or luck?
« Reply #51 on: October 18, 2024, 11:22:29 AM »
I think that when a person bets on a sport that he knows and can demonstrate that his criteria are valid, then it is demonstrated that it is a skill, and that sometimes luck can help him, but luck in sports betting is there but not with the intensity that it has in a casino where things are previously done at random, in casinos with slot machines, with any other type of game if it is pure luck , the Strategy only works when it is to be useful, on the other hand in sports betting it does not , so I am more inclined to think that it can be a skill.
Skills plus luck would really be the determining factor on which it would really be considered for a certain bet to win up but of course in speaking about skills will really be that significant because we do know that when it comes to application of any analysis could really be considered into someones skills and knowledge on a certain sport. It might be not giving out that winning guarantee
but we do all know that you would really be having that kind of advantage in comparing into those people or bettors who do really just simply make out some bets without any basis.

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Re: is betting skills or luck?
« Reply #51 on: October 18, 2024, 11:22:29 AM »


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Re: is betting skills or luck?
« Reply #52 on: October 18, 2024, 01:40:22 PM »
Well I want to add, in the job the salary that we will get is certain every month, depending on the company's policy whether there is overtime or there are deductions if we do not come to work, but every month we will definitely receive a salary.

While in gambling there is no certainty whether we will win or lose, and the risk of losing is certainly greater. This cannot be compared at all because the two have very significant differences.
You are also right that in some case I also saw the differences while people doing their jobs and even then they get the salary. And in some jobs it has been seen that they are getting a fixed salary year after year along with proper increments. We cannot compare these things in any way to gambling because in gambling it is true that many people can get rich by hitting the jackpot but it will be seen that one out of millions of people gets so lucky.
So gambling is totally dependent on luck and should be taken as entertainment and never think that through skill a good amount can be earned from it.
Yes, we really can't compare the two, because they are two different things and we can't find anything that we can ultimately compare, or in other words, this comparison can't equate the two.

If we are not brave enough to take risks, then we should avoid gambling. However, if we are ready for the risk, then we can gamble, there is no compulsion here, it all depends on our decision.

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Re: is betting skills or luck?
« Reply #53 on: October 18, 2024, 05:15:48 PM »
Luck is by chance and skill is based on your knowledge and understanding of the game. You can have the skill and when there's no luck attached to it, you will not win your bet. Some gamblers just predict the outcome of a match without proper analysis, and  you will be surprised that they won their bet. However, it is good to bet on games that you have knowledge about.
But it is good to have the skills and knowledge on the games so that the day when you have the luck, you can go home with something good. Though there are some gamblers who don't have skills also win because of their luck that day. In gambling there are sports games and casino games. And luck is used in casinos games because they are already programmed for the house but sports games are live so you can play with your knowledge and skills.

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Re: is betting skills or luck?
« Reply #54 on: October 18, 2024, 08:47:37 PM »
Luck is by chance and skill is based on your knowledge and understanding of the game. You can have the skill and when there's no luck attached to it, you will not win your bet. Some gamblers just predict the outcome of a match without proper analysis, and  you will be surprised that they won their bet. However, it is good to bet on games that you have knowledge about.
This very true.
I’ve witnessed an occasion where a gambler who had no experience in Basketball gambling. He actually wanted to gamble on soccer games but didn’t know when he clicked on the Basketball sessions, not being familiar with the teams that were there or most of the market options, just randomly picked several options, (thinking they were all soccer games) and after staking the game, he took it to a friend of his t help him check his choice of selections, it was then he was told he bet on basketball games and not soccer games. He was very disappointed because he staked the game with quite a sensible amount, but you’d be surprised to know that he actually won the bet. Even without experience he had luck in his side and that made him win.

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Re: is betting skills or luck?
« Reply #55 on: October 18, 2024, 09:26:44 PM »
Yes, we really can't compare the two, because they are two different things and we can't find anything that we can ultimately compare, or in other words, this comparison can't equate the two.

If we are not brave enough to take risks, then we should avoid gambling. However, if we are ready for the risk, then we can gamble, there is no compulsion here, it all depends on our decision.
I have to disagree with your statement "If we are not brave enough to take risks, then we should avoid gambling." And also to say that if we want to gamble then we must first see how much our losing power is. And that amount of fund should be used for reading gambling, the amount of fund loss will not have any effect on your life.
Gambling depends entirely on luck and we always have to take it as a source of entertainment if we see it as an investment then most of the time there is a chance of facing a big loss which can gift a gambler life of failure.

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Re: is betting skills or luck?
« Reply #56 on: October 18, 2024, 11:39:04 PM »
But it is good to have the skills and knowledge on the games so that the day when you have the luck, you can go home with something good. Though there are some gamblers who don't have skills also win because of their luck that day. In gambling there are sports games and casino games. And luck is used in casinos games because they are already programmed for the house but sports games are live so you can play with your knowledge and skills.
Of course, having skills and knowledge are a must I think. Although we rely on the luck, these will make higher chances to win the game. I think we can't get the good luck if we have no knowledge of the game. In betting sports, the knowledge will be very helpful to analyze the teams. If we have no knowledge, how we analyze the chance of the teams to win in the match. I often do analysis in betting of football matches.


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Re: is betting skills or luck?
« Reply #57 on: October 19, 2024, 03:34:33 PM »
Yes, we really can't compare the two, because they are two different things and we can't find anything that we can ultimately compare, or in other words, this comparison can't equate the two.

If we are not brave enough to take risks, then we should avoid gambling. However, if we are ready for the risk, then we can gamble, there is no compulsion here, it all depends on our decision.
I have to disagree with your statement "If we are not brave enough to take risks, then we should avoid gambling." And also to say that if we want to gamble then we must first see how much our losing power is. And that amount of fund should be used for reading gambling, the amount of fund loss will not have any effect on your life.
Gambling depends entirely on luck and we always have to take it as a source of entertainment if we see it as an investment then most of the time there is a chance of facing a big loss which can gift a gambler life of failure.
I have a reason why I can say that. When someone does not dare to take risks, it means they are forcing themselves when they gamble. And when we force ourselves, there will be a feeling of great regret when we lose money.

The impact is when it becomes a feeling that can encourage us to chase losses or return losses. This will be related to psychology and the impact will be great. Well, this should be avoided from the start.

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Re: is betting skills or luck?
« Reply #58 on: October 19, 2024, 05:02:20 PM »
I have a reason why I can say that. When someone does not dare to take risks, it means they are forcing themselves when they gamble. And when we force ourselves, there will be a feeling of great regret when we lose money.

The impact is when it becomes a feeling that can encourage us to chase losses or return losses. This will be related to psychology and the impact will be great. Well, this should be avoided from the start.

I believe that the issue is not the feeling or the risk, but rather the amount of risk and its impact on the gambler's income.  Even if a gambler understands that taking a risk is necessary to win, the risk should not be one that affects the gambler's emotions or finances. The risk must be proportionate to what he can afford to lose. 

It would be inappropriate for a gambler seeking to take a risk to stake money he cannot afford to lose. Few times, such a gambler may be lucky, but it is always better to be on the safe side by not betting more than he can afford to lose.
« Last Edit: October 20, 2024, 10:26:29 AM by Igebotz »
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Re: is betting skills or luck?
« Reply #59 on: October 19, 2024, 05:39:57 PM »
Well I want to add, in the job the salary that we will get is certain every month, depending on the company's policy whether there is overtime or there are deductions if we do not come to work, but every month we will definitely receive a salary.

While in gambling there is no certainty whether we will win or lose, and the risk of losing is certainly greater. This cannot be compared at all because the two have very significant differences.
You are also right that in some case I also saw the differences while people doing their jobs and even then they get the salary. And in some jobs it has been seen that they are getting a fixed salary year after year along with proper increments. We cannot compare these things in any way to gambling because in gambling it is true that many people can get rich by hitting the jackpot but it will be seen that one out of millions of people gets so lucky.
So gambling is totally dependent on luck and should be taken as entertainment and never think that through skill a good amount can be earned from it.

Winning a jackpot is just a coincidence, not every time we play. If we work, we will always get a salary every month and our jackpot is an annual bonus, holiday money, maybe school money and other bonuses outside the salary we get. So I emphasize that gambling relies on luck even though we are skilled at playing.

 

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