UNCLE DRIBBLE

Is Gambling about luck or strategy?

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Why is gambling more likely to be associated with games of chance, such as  blackjack, and poker, than games of skill, such as chess, checkers, and go?

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1 hour ago, UNCLE DRIBBLE said:

Why is gambling more likely to be associated with games of chance, such as  blackjack, and poker, than games of skill, such as chess, checkers, and go?

Because in chess etc. is all skill just like sports. In poker you still have luck involved but when you play millions of hands that luck factors becomes smaller and smaller. On the short run even a year long you can be pretty bad but run hot af and keep winning overall. So basically gambling is where luck is a huge factor in casinos games luck is all there is to it though.

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Lots of hustlers use Chess to make money by pretending they are no good but like @crazyrightmeow said above it is a game of skill, not chance.

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3 hours ago, UNCLE DRIBBLE said:

Why is gambling more likely to be associated with games of chance, such as  blackjack, and poker, than games of skill, such as chess, checkers, and go?

Because the house has to have an edge in order to turn a profit, they cannot do this with games of nothing but skill, they need to take a game with an element of chance and work out the rules so that over the long run they come out ahead.  

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Chance expresses a degree of risk that is attractive to those who seek excitement and a profitable return on momentary investments . Gambling incorporates all strategies that express risk , of differing kinds. 

Your Home insurance is a bet . You're betting so much  per month that your home won't be burnt down or suffer structural damage . The insurance company , like a betting office , is giving you a price , and you both hope to make a profit ...... but usually the house , or insurance company , wins . 

So at least 20 million people bet on their car not being damaged in a crash ..... more money for the insurance companies . 

Chance therefore is a determination that factors in all variables and offers a price .... which you either snap up , or walk away . Gambling is when you most often accept the price regardless of its quality , hoping to hit big.... 

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On 27/06/2022 at 15:29, crazyrightmeow said:

Because in chess etc. is all skill just like sports. In poker you still have luck involved but when you play millions of hands that luck factors becomes smaller and smaller. On the short run even a year long you can be pretty bad but run hot af and keep winning overall. So basically gambling is where luck is a huge factor in casinos games luck is all there is to it though.

Yeah agree mate :person_shrugging:

I found out that the only one game where you can improve your odds of winning at a casino is blackjack. It requires a lot of research and mental work at the casino. When it comes to other games luck is the determining factor.

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Posted (edited)
4 minutes ago, UNCLE DRIBBLE said:

Yeah agree mate :person_shrugging:

I found out that the only one game where you can improve your odds of winning at a casino is blackjack. It requires a lot of research and mental work at the casino. When it comes to other games luck is the determining factor.

Blackjack strategies have been rife as long as the game has existed. 

People trying to beat the house. You may have a win streak with a system, but generally you will lose in the long run.

Unless you know different!!

Edited by david1111
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6 minutes ago, david1111 said:

Blackjack strategies have been rife as long as the game has existed. 

People trying to beat the house. You may have a win streak with a system, but generally you will lose in the long run.

Unless you know different!!

  If you play blackjack by hitting at every opportunity, you'll lose almost every hand. By playing according the the odds based on that specific variant, then on average you'll lose slowly.

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Just now, UNCLE DRIBBLE said:

  If you play blackjack by hitting at every opportunity, you'll lose almost every hand. By playing according the the odds based on that specific variant, then on average you'll lose slowly.

Yeah so we agree that you will lose eventually 

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3 hours ago, Solario333 said:

Chance expresses a degree of risk that is attractive to those who seek excitement and a profitable return on momentary investments . Gambling incorporates all strategies that express risk , of differing kinds. 

Your Home insurance is a bet . You're betting so much  per month that your home won't be burnt down or suffer structural damage . The insurance company , like a betting office , is giving you a price , and you both hope to make a profit ...... but usually the house , or insurance company , wins . 

So at least 20 million people bet on their car not being damaged in a crash ..... more money for the insurance companies . 

Chance therefore is a determination that factors in all variables and offers a price .... which you either snap up , or walk away . Gambling is when you most often accept the price regardless of its quality , hoping to hit big.... 

Absolutely!

Life is a game and we are all gamblers

 

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1 minute ago, UNCLE DRIBBLE said:

this just the way it is :raising_hands:

Did you ever see the film 21 with Kevin spacey.

Counting cards in Vegas,  good film

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7 minutes ago, david1111 said:

Yeah so we agree that you will lose eventually 

You can still win on the long run if you count cards. Not online but on land of course.

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Just now, crazyrightmeow said:

You can still win on the long run if you count cards. Not online but on land of course.

If you can get away with it.

Are they not hot on spotting that nowadays

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3 minutes ago, david1111 said:

If you can get away with it.

Are they not hot on spotting that nowadays

True that. Was watching few youtubers that try to do that. They get noticed and booted pretty fast in most places.

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4 minutes ago, david1111 said:

Did you ever see the film 21 with Kevin spacey.

Counting cards in Vegas,  good film

Not yet.

Thanks, added to my list.

I watched The card counter, it's quite gory, but good 

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