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.
I’m afraid I don’t quite agree with you. Yes, I agree that one with skill is most likely to win more than those who has absolutely no skills or does no analysis. I think it is foolish to completely depend on luck without first having any knowledge or skill in the game you bet on. If you check my reply above, you’d see that I said that anyone who has skills and an effective technique is most likely to be more successful in gambling, but you tell me that a gambler can depend on their skills completely without relying on luck too.
I’ll agree that card games may not really require that much of luck because success in card games requires the gambler’s ability to study, analyze and effectively predict their opponent’s next move and also quickly come up with a counter strategy, in this type of game, you’re in charge and your success depends solely on how good your strategy is, but sports betting is totally different, because a team whom you feel you’ve studied pretty well may lose form at any time and all your predictions and analysis would be voided, and at this point don’t you still need luck?