Sometimes I think luck is a place of mental peace because when we lose most of the time we blame luck similarly if we win, it is because of luck (in most time betting /gambling). In fact what should your own feeling be? This question may seem to most of us gamblers that if an experienced gambler loses the same way, then how is it possible to identify the main algorithm of gambling?
You just have to understand that luck and gambling are 5&6. They work hand in hand. I still wonder why some people just don't want to believe that gambling is all about being lucky. There's nothing to study about gambling neither can you study how an algorithm calculates. It's difficult to predict these games most time but we still go ahead to gamble because we believe that there is that one out of a million trails that would actually result to something worth our time.
I agree luck and Gambling is intertwined so any where gambling is and people are rejoicing know that luck is at work so if you follow are one who followers the crowd will regret at the end so one major thing that we need to learn is that gambling is a game of luck and should be seen as such