Post
Topic
Board Gambling discussion
Re: Is gambling all about luck?
by
uneng
on 08/10/2023, 16:51:04 UTC
Life is often unpredictable, right? Despite lacking credentials or "intelligence," some succeed. It shows there's no one-size-fits-all success formula

The narrative is comparable to gambling. Some gamble heavily in hopes of winning big, yet lose. Others hit jackpot after jackpot with a little. It's tempting to blame luck. Then, what is luck? Has it happened randomly? Does the madness have a method? Is luck reliable over time? Is strategy much more important in gambling than we think? Quite a dilemma
In gambling we know what our chances are, the house edge percentage we are playing against and that there is a provably fair system which ensures the legitimacy of the games' results. However, in life we don't know what our chances are or how the system works for real. Sometimes we have the impression there is a huge disadvantage on the game of life and that it looks much easier for other people to play this game than for ourselves.

Moreover, it's more likely you are going to do well on long term in life than in gambling... So someone comparing both must be careful to not be naive about their gambling activity, which can bring very negative consequences if not practiced in a balanced way.