Post
Topic
Board Gambling discussion
Re: Is gambling all about luck?
by
TelolettOm
on 26/01/2024, 23:22:00 UTC
I would say it depends but the truth is all gambling games still have a percentage of its possible win or loss dedicated to luck.when we make gambling stakes, we hope on winning but the truth is there is always a chance of losing. Aside the fact that all gambling games still require a fraction of luck , they don't all depend equally on luck. Some include things like experience, statistics and even proper analysis which some are just fully luck based.
Take soccer predictions for example with statistics and analysis you can raise your winning odds higher making luck to be more on your side.
Of course, not every gambling game purely depends on the luck. Some gambling games depend on the skills or ability. Poker is the example of gambling game which depends on the skills or the ability of gamblers. If you only expect to win it through your luck, you will never win Poker. You must take time to learn how to play effectively to win in Poker, too. So besides the ability/skills, Poker also requires proper strategy to play it.

If you talk about stats or analysis, I assume you want to describe betting. Betting still relies on the luck although we can increase the chance to win by analyzing some factors. If we bet on the football match, we must analyze the current performance of the teams. We also must understand the quality of the players of the each team.

https://www.forbes.com/sites/forbesbusinesscouncil/2022/08/09/the-skill-based-gaming-opportunity/?sh=5f43fdf62234