Quote from: Don Pedro Dinero on August 25, 2025, 03:43:47 AM

Quote from: junder on August 25, 2025, 03:33:21 AM

I personally believe in luck, but I don’t know when luck will be on my side, so I continue to gamble at the casino where I feel comfortable. When I win, I only share the victories I’ve managed to secure, but I don’t suggest my friends try the casino I usually go to because I’m certain that luck isn’t always the same. My other friend, on the other hand, is like a casino hunter. Whenever another friend manages to win, he visits them and gambles right then and there. But clearly, with his approach to gambling, losses still dominate.

Care to elaborate on what I have put in bold? Do you think it's something magical or something like that? The first few times I tried gambling, when I was very young, I thought it was something like that. But luckily, over time I gained knowledge on the subject.

What we call luck are individual or partial results in small samples of an algorithm that is designed with the house edge, and there is nothing we can call luck there.

Yes, you could say something magical happens, and you surely know what luck is. I think most gambling games rely on luck, too. Although some types of gambling require strategy and skill, luck is not without its drawbacks.
The statement is that the casino's advantage in winning is greater than the player's advantage, and this isn't a problem because casinos are also looking for profit. The rare player wins mean that winning is a result of luck.