How much of gambling is luck?

jasin4000 · Feb 9, 2006

Poker I would say 70 skill 30 luck
Betting I would say 85... 15 luck

what do you think?

Fishhead · Feb 9, 2006

To be successful in either requires 99.99% skill to do so successfully longterm.

Luck, bad AND good, will come and go in streaks.

jasin4000 · Feb 9, 2006

Fishhead said:
To be successful in either requires 99.99% skill to do so successfully longterm.

Luck, bad AND good, will come and go in streaks.

very true.

Fishhead · Feb 9, 2006

In other words if a gambler played everyday till the day he/she passed away, could luck provide this gambler with profits in....

One day....yes.
Ond week..yes
One year...yes
Lifetime.....Not a chance in hell

Stocks · Feb 9, 2006

I dont think any is luck over the long haul good and bad luck evens out.

Doug · Feb 9, 2006

Luck is why you can't hit 60%. Something happens you can't cap for in every game.

D2bets · Feb 9, 2006

Fishhead said:
In other words if a gambler played everyday till the day he/she passed away, could luck provide this gambler with profits in....

One day....yes.
Ond week..yes
One year...yes
Lifetime.....Not a chance in hell

Depends how long one lived and how much one bet in that lifetime. If you just bet the Super Bowl once a year I suppose you could get lucky over your lifetime.

Maybe the way to think about it is that there is an inverse relationship between the number of plays and the relevance of luck. The more plays you make the less luck matters and the more skill matters. The opposite is also true. Theoretically though, I imagine the luck relevance factor would never have to reach 0.

Budworth22 · Feb 9, 2006

I don't believe in luck, so I'd say zero percent.

What is luck?

InncoLink · Feb 9, 2006

I don't have a reply, but it sure is an interesting question. Would like to see further replies by others.

cincy_ · Feb 9, 2006

Budworth22 said:
I don't believe in luck, so I'd say zero percent.

What is luck?

Luck is when you bet the Super Bowl, you take Pittsburgh, and then find out that the back judge made the same wager.

D2bets · Feb 9, 2006

cincy_ said:
Luck is when you bet the Super Bowl, you take Pittsburgh, and then find out that the Back Judge made the same wager.

ope:

HPark1 · Feb 9, 2006

I disagree slightly. In some cases, even longterm, an individual can simply just be fortunate.

Its comforting to say bad breaks and good breaks will even out over time but its just not that cut and dry. Sometimes it doesn't. You can be blessed or cursed.

jwunderdog · Feb 9, 2006

Out of 100 games 45 you will be dead wrong on, 45 you will be right on, the last 10 will be the difference between winning an losing long term. So 90% luck.

Salsantorre · Feb 9, 2006

all Pittsburgh bettors were lucky. Don't tell me you could handicap what happened in that game

CHOPTALK · Feb 9, 2006

Its like the old baseball saying Every baseball team wins 60 games and losses 60 games. Its the other 40 games that make you or breaks you.

Out of 100 plays every better wins 40 and loses 40. What you did in the other 20 is what makes you or breaks you.

ClubmanCoop · Feb 9, 2006

HPark1 said:
I disagree slightly. In some cases, even longterm, an individual can simply just be fortunate.

Its comforting to say bad breaks and good breaks will even out over time but its just not that cut and dry. Sometimes it doesn't. You can be blessed or cursed.

Agree
And regarding online poker NO WAY, The "Luck" % goes up imo

The key is Money Management & Discipline

GL

Coop

blueedwards · Feb 9, 2006

the luck factor on one game or a lifetime of games? one game...45% luck. lifetime of games...0%

blueedwards · Feb 9, 2006

cincy_ said:
Luck is when you bet the Super Bowl, you take Pittsburgh, and then find out that the back judge made the same wager.

cincy, you and i have had issues before but you are dead on here bro... :103631605

jasin4000 · Feb 9, 2006

blue edwards said:
cincy, you and i have had issues before but you are dead on here bro...

uppy:

I can still see this subject being talked about after super bowl 46...............

randyrohm · Feb 9, 2006

I like to call it Karma....do what you have to to keep it good. If you were to ask me if I am a lucky person the answer is yes.
Luck = Preperation + opportunity :dancefool