If the skills and strategy of a gambler is the actual determinant for success in gambling, then why exactly isn’t success always guaranteed for that gambler? Mind telling me how that works exactly? If it’s not really luck that facilitates the wins when a gambler’s has made his bets using his strategies.
Yes, there are lots of analytical tools available to help the gamblers come up with a realistic bet and also have a much higher chances of success, but those tools and the skills of the gambler doesn’t guarantee that he’ll win, even with all the gambler’s skills, there’s still 100% chances of failure, what would you call that? Doesn’t that tell you anything about how much role luck actually plays in gambling?
The same gambler uses the same strategies to gamble everyday, but yet some days he wins, and maybe most days he’s in loss, doesn’t that show/tell you anything?
Today there is a game between Inter and Barcelona. Imagine that you are someone who never analyzes games, you just count on luck. Then today someone gives you $10 to bet on this game. You decide to bet on Barcelona to win without analyzing the game. But another person who analyzes games before placing bets
They also give you $10 to bet on this game and they bet that both teams will score. At the end of the game, if you guess right, you will think that your luck will help you win in the next games. Try it in 10 more games and you will see that you will lose a lot. But the person who analyzes games can win a lot if they bet on 10 games.
Games of chance, such as sports betting and card games, are based only on skill and not on luck. Casino games and lotteries are based on luck.