Understanding the “Game of chances vs Game of skill”

[Mr Reporter]

Yes!!! it a saying that most gamblers today have really missed what it takes to gamble right, the truth is that the common saying said when gambling always gamble for fun and gamble what you can afford to loss, which they forget to tell you how the games runs, well this are what most gamblers have been dwelling on which I’m not saying it not wrong but still have to ever take a good look and understand this at gambling The “Games of chances vs Games of skills”
    
In reality, the truth is not as obvious as you might assume. Even though these two concepts sound straightforward enough, they’re actually far from well-defined. Here’s what you should know about “Games of skill versus Games of chance” and how these types of gambling affect problem gamblers.

Understanding This concept “Games of Chances” the role that plays luck.

from the little research i could made most people would work up to an lottery shop purchasing a lottery ticket, spinning a roulette wheel, playing dice games which all this event are to be tagged game of chances, let break down what I meant by this “Game of Chances” are those where the outcome is determined largely by luck or randomness which most gambler might say the luck or odds have are typically stacked in favor of the house which is correct, which in a simple words the games like the casino or lottery creator are your opponent rather than another player or a computer that you might play with. Check this out from the quoted comments.

To draw in potential gamblers, chance-based casino games often advertise huge payouts and flashy prizes. Many online casinos offer a “first spin free” or shower you with game credits to encourage you to keep going. But no matter what you do, your actual chances of winning a game of chance range from very low to almost entirely negligible (for instance, you’re more likely to be struck by lightning than you are to win the Powerball drawing). Games of chance are strictly regulated in most states, and as far as the law is concerned, any game of chance that involves money is considered gambling.

Well, in the world of gambling, not all games have been created equal, so this is where the distinct differences come in between.

Understanding the concept of “The Game of skilled” – the power of strategy.

On the other hand, it's very simple. Check this out: games based on skill are those where the outcome is influenced by the player's abilities, which apply to using your opponent's strength and weakness. In order to win, you must also apply your own abilities. Knowledge and strategy for understanding games like poker, blackjack, sports betting, chess, dominoes, and backgammon are also examples of skill-based games that deal with your skill level of mindset, and it does well to read this quotation.

The rewards for these games are often significantly smaller, and many people believe that their chances to win are higher the more they practise, learn, and study. You no longer have to walk into a brick-and-mortar casino to play against opponents, either. There are many online games that are advertised as skill games yet draw in audiences with the promise of big cash rewards.

Well, at first, when I had come across this article, I was not going to look into it, but by sounding more interesting, I asked myself this question: 'Then how can this be of help to gamblers out there?' What is the very take-out for gamblers?

Understanding the difference between “games of chance” and “games of skill” can be super helpful to a gambler in several ways, which are:

1. Realistic Expectations: Knowing whether a game is based on chance or skill helps you set realistic expectations. If it's a game of chance, you know that luck plays a big role, and you shouldn't expect to win consistently.

2. Strategy Development: If it's a game of skill, you can develop strategies to improve your chances of winning. You can study the game, practice, and refine your skills.

3. Bankroll Management: Understanding the nature of the game helps you manage your bankroll effectively. You can allocate your funds accordingly and set limits.

4. Informed Decisions: Knowing the difference between games of chance and skill helps you make informed decisions about which games to play, how much to bet, and when to walk away.

5. Emotional Control: It can also help you control your emotions. If you're playing a game of chance and you're on a losing streak, you know it's just luck and not a reflection of your skills.

6. Responsible Gambling: Lastly, understanding the nature of the game promotes responsible gambling practices. You can set limits, take breaks, and avoid chasing losses.In summary, knowing the difference between games of chance and games of skill can help you approach gambling in a more informed, strategic, and responsible way.

Sources ;
- https://800gambler.org/skill-vs-chance-what-you-should-know-about-the-different-types-of-gambling/
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- https://www.linkedin.com/pulse/game-chance-skill-ama-legal-solutions-lpfvc
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- https://www.legalkart.com/legal-blog/game-of-skill-vs-chance-explained

[Hatchy]

Alot of time i don't usually categories games of skills as gambling even though they are. to be specific, games like chess or poker are high skilled games and many might just want to enjoy their selfs with family or friends without placing bets. But to reward skills many casinos both land based or online have found a way to reward these players by making them compete with like minds. It doesn't only reward them, but pushes them to even learn more and become the best. So literally skilled based games gives players chance to learn compared to those of luck based. Many of use just prefer to rely on luck to gamble because it's a 50/50 chance. You either win or lose no hard feelings, no body to get back at( except those who think they can get back at a casino which to me is stupid)

[Oshosondy]

Alot of time i don't usually categories games of skills as gambling even though they are. to be specific, games like chess or poker are high skilled games and many might just want to enjoy their selfs with family or friends without placing bets. But to reward skills many casinos both land based or online have found a way to reward these players by making them compete with like minds.

Dice is a game of luck and not skill but some people are enjoying playing or throwing dice with friends and family and enjoy it. Roulette can also be enjoyed the same way but people will not have the roulette table at home. It is slots that I can not enjoy without using money to play it.

Some people will also talk about games of skills in a way that people will think they can learn it and be winning, but the reality is opposite for many people about it.

[Dave1]

Alot of time i don't usually categories games of skills as gambling even though they are. to be specific, games like chess or poker are high skilled games and many might just want to enjoy their selfs with family or friends without placing bets. But to reward skills many casinos both land based or online have found a way to reward these players by making them compete with like minds. It doesn't only reward them, but pushes them to even learn more and become the best. So literally skilled based games gives players chance to learn compared to those of luck based. Many of use just prefer to rely on luck to gamble because it's a 50/50 chance. You either win or lose no hard feelings, no body to get back at( except those who think they can get back at a casino which to me is stupid)

But we have pro poker tournaments already so it's no longer the game that you played with our families or friends although you can do that. But now it's totally different as it has become one of the most well known games around the world that started in the 80's. Of course, since this is a skill base, some players developed overtime while there are few that are really very good at poker without reading or studying the game itself. The experience and their talent really stands out in this games.

And for all we know, there are a lot of poker players here and tournaments and as such it is still skill base more than game of chance. As compare to games like dice, or roulette or slot games, they are game of chances, and everything is based of pure luck.

[Free Market Capitalist]

It's a distinction that many people on the forum don't understand, as I've said repeatedly. Every few days, a thread is opened that shows that the OP is unclear about the difference. And the bad thing is that, after this thread, the same thing will continue to happen.

[DubemIfedigbo001]

Alot of time i don't usually categories games of skills as gambling even though they are. to be specific, games like chess or poker are high skilled games and many might just want to enjoy their selfs with family or friends without placing bets. But to reward skills many casinos both land based or online have found a way to reward these players by making them compete with like minds.

Dice is a game of luck and not skill but some people are enjoying playing or throwing dice with friends and family and enjoy it. Roulette can also be enjoyed the same way but people will not have the roulette table at home. It is slots that I can not enjoy without using money to play it.

Don't conclude on this so quick bro unless you're playing on a casino and not with a peer. There are very strong hands in dice games, to shock you the more there are patterns of arranging your dice that gives a higher possibility of getting at least a six. Maybe you've not played dice game long enough.

Down to movement on the board, there are skills you must employ to either take your member home quickly or kill your opponent member very quick and this involves but not limited to waiting at their point of entrance. Dice is a game of pure skill and little luck. If you meet experienced people in dice, you may have a misconception of their skills for magic.

[Tungbulu]

Some people will also talk about games of skills in a way that people will think they can learn it and be winning, but the reality is opposite for many people about it.

But isn’t that why they’re called skilled based?

Of course people could actually learn (not perfect on) these type of games and some how manage to influence the outcome of their bets.

Say poker for example, there’s always a difference between folks who have learned and mastered (not perfected on)  poker and folks who are merely just playing with basic knowledge.

Point is, skilled based games could learned and mastered, and while this may not always guarantee you’ll always win (cos there might always be someone else who’s better than you) you’ll sure increase your chances of winning compared to ordinary players.

[Oshosondy]

But isn’t that why they’re called skilled based?

They are called skilled based truly because people can learn and master it but how many people can become the pro? When some people think they are pro, they will lose. Forget what many people are posting on this forum like they can win and win in skill based games, these are actually not true. It is only true for very few people and these are the people that might lose at any point while gambling.

[Moreno233]

It's a distinction that many people on the forum don't understand, as I've said repeatedly. Every few days, a thread is opened that shows that the OP is unclear about the difference. And the bad thing is that, after this thread, the same thing will continue to happen.

You shouldn't be surprised about that because gambling is so designed that there is a thin line between skill and luck. You may run expert analysis on a football match but some factors such as the referee not being in a good mood can make your forecast look stupid. Hence, gamblers are then stuck with the thought of skill or luck as being the major determinant of their progress in gambling. Have you also noticed that those new to gambling often win more than older gamblers even in games like sports betting that is seen as a game of skill. What can we say about that?

 

[xenomorfo]

Alot of time i don't usually categories games of skills as gambling even though they are. to be specific, games like chess or poker are high skilled games and many might just want to enjoy their selfs with family or friends without placing bets. But to reward skills many casinos both land based or online have found a way to reward these players by making them compete with like minds. It doesn't only reward them, but pushes them to even learn more and become the best. So literally skilled based games gives players chance to learn compared to those of luck based. Many of use just prefer to rely on luck to gamble because it's a 50/50 chance. You either win or lose no hard feelings, no body to get back at( except those who think they can get back at a casino which to me is stupid)

Skill games always have a component of luck, apart from sports.
In sports, whatever they may be, the luck component is much smaller than in games of chance.
It depends on how hard you trained and how good you are.
In poker, even if you practice a lot, it depends on whether the cards come to you, and that doesn't depend on you.

[Tungbulu]

But isn’t that why they’re called skilled based?

They are called skilled based truly because people can learn and master it but how many people can become the pro? When some people think they are pro, they will lose. Forget what many people are posting on this forum like they can win and win in skill based games, these are actually not true. It is only true for very few people and these are the people that might lose at any point while gambling.

There used to be this card game we used to play with the Naija Whig Card Game when I was little, the game consisted of 4 players, 2 plays on one side and the other 2 players on the other side. 4 cards are then shared to each of the players, the last card is then passed to the next player, the player who receives the card, will retain the card, then look for another card to pass across to the next player, the goal of this game is to gather 4 cards with same shape. When this is achieved, you’ll signal your teammate, and he’ll Say STOP immediately and you’ll display your card, If the cards are displayed and all cards have the same shape, you win and if not, you lose. Now, if all your cards have matching shapes and you fail to signal your teammate in time and your opponent somehow tells you STOP first, they steal your win.

Now there was this girl we used to play with, I don’t know how she managed to do it, but the moment the game starts, she somehow manages to accurately predict when you start gathering your shapes and she knows when you pick the last shape, and before you even think of giving your teammate the signal, she tells you to STOP, and every single time I always wondered how she did it. She’s been playing the game since she was much younger and all those years she had mastered the game and every single round, she’d win, it was almost as if she was cheating. So yeah it’s actually possible to master a game and always win, but like you said, not everyone can do this, I mean master a game and improve their skills to that point, sometimes it even takes a genius

[Joy- maker]

Alot of time i don't usually categories games of skills as gambling even though they are. to be specific, games like chess or poker are high skilled games and many might just want to enjoy their selfs with family or friends without placing bets.

hatchy I can agree with your comment, especially the aspect where you stated that skill games like poker and Chess are just skill games that people play just to enjoy themselves with family and friends without betting money, but another thing there is, sometimes those skill games which you mentioned people also place bet on them in other to make them more fun and more entertaining, which I expect you to know that by now. Skill games are not totally base on luck, but at least you might be lucky most times to win a strong opennet who is more skill than you in playing those games when he or she play wrongly, and then you take advantage of that one wrong move he or she made.

[Agbamoni]

hatchy I can agree with your comment, especially the aspect where you stated that skill games like poker and Chess are just skill games that people play just to enjoy themselves with family and friends without betting money, but another thing there is, sometimes those skill games which you mentioned people also place bet on them in other to make them more fun and more entertaining, which I expect you to know that by now. Skill games are not totally base on luck, but at least you might be lucky most times to win a strong opennet who is more skill than you in playing those games when he or she play wrongly, and then you take advantage of that one wrong move he or she made.

On a good day, they are not actually gambling games. For example, snooker is a skill game, people play it for fun and excitement but most people end up betting on their skill with another skilled player. So yeah, they are not gambling games, but gambling in general has made everything worth betting on. You can actually bet on your friend to cook a the worst or a perfect noodle. Gambling has gone beyond what we use to imagine, beyond games created for gambling purposes. This is the world we live in.

[Lida93]

Some people will also talk about games of skills in a way that people will think they can learn it and be winning, but the reality is opposite for many people about it.

But isn’t that why they’re called skilled based?

Of course people could actually learn (not perfect on) these type of games and some how manage to influence the outcome of their bets.

Say poker for example, there’s always a difference between folks who have learned and mastered (not perfected on)  poker and folks who are merely just playing with basic knowledge.

Skills based games still depends on your luck on the game for you to win as much as you would want to be really skillful in it too, because there are times, if not most often, where a masterclass player could bring out all the expertise he has got into the game against another folk with not much knowledge (basic knowledge) about the game compared, but be struggling to win even with all that expertise.

[Accardo]

Alot of time i don't usually categories games of skills as gambling even though they are. to be specific, games like chess or poker are high skilled games and many might just want to enjoy their selfs with family or friends without placing bets.

From the article, whenever money is involved in a game; chance or skill, it's gambling. I'm not sure chess is part of any casino game, or am I missing out on something? It could be quite hard to regulate chess games in the casino, considering how most players would use AI to compete with opponents. Although it's detectable, but such games can be done only physically to maximize fun and legitimacy.

[palle11]

from the little research i could made most people would work up to an lottery shop purchasing a lottery ticket, spinning a roulette wheel, playing dice games which all this event are to be tagged game of chances, let break down what I meant by this “Game of Chances” are those where the outcome is determined largely by luck or randomness which most gambler might say the luck or odds have are typically stacked in favor of the house which is correct, which in a simple words the games like the casino or lottery creator are your opponent rather than another player or a computer that you might play with.

This is true from what I have experienced with some games if when played in physical, you require a pair or an opponent but when you play them in casino, you are contending with the machine which represents the house edge like games like dice, poker, card games even some table games like billiard. They are based on luck not skill. For example, you can spin the poker board but you are not certain what figure or area it will stop. This is not determined by the player. The best you can do in a poker game is to understand the time you want to spin the board but you can't determine the outcome, which makes it a highly luck based casino game.

[rodskee]

Alot of time i don't usually categories games of skills as gambling even though they are. to be specific, games like chess or poker are high skilled games and many might just want to enjoy their selfs with family or friends without placing bets. But to reward skills many casinos both land based or online have found a way to reward these players by making them compete with like minds. It doesn't only reward them, but pushes them to even learn more and become the best. So literally skilled based games gives players chance to learn compared to those of luck based. Many of use just prefer to rely on luck to gamble because it's a 50/50 chance. You either win or lose no hard feelings, no body to get back at( except those who think they can get back at a casino which to me is stupid)

card games are still considered gambling like poker for example because it is not like you specifically choose which cards you are dealt with you just have to make work with whatever you have so you have to be lucky and then be smart while playing the game this is true with a lot of card games since the cards are given randomly so games like poker can be categorized as games wherein both luck and skill are needed for optimal chances of winning

[lovesmayfamilis]

Can roulette be compared to chess? What skill is involved in spinning the roulette wheel? On the other hand, chess can be a source of income for those who are strong and skilled enough, but the casino itself won't allow it. Therefore, there's no need to dwell too much on when luck matters and when experience can directly create the ideal conditions for victory.

[danherbias07]

Poker is the best card game that I have played that requires thinking. This means it doesn't fully rely on luck because some moves can be crucial to the next one, and it could be regretted if we either fold or fight.
Then, there's the reading of the thoughts and eyes of your opponents. Even their habits must be noticed and remembered because they could also tell if the opponent is bluffing or not.

When it comes to the game of chance. Dice is the most popular one, but old. It's slots nowadays that have become the face of a luck-based game.

[Pandu Geddon]

1. Realistic Expectations: Knowing whether a game is based on chance or skill helps you set realistic expectations. If it's a game of chance, you know that luck plays a big role, and you shouldn't expect to win consistently.

This is true, in games like slots, they sometimes promote the maximum winnings offered. This draws the attention of gamblers. But unfortunately, it does not make gamblers think realistically, as they chase only big wins and actually ignore some small wins that could actually be obtained several times.
Our expectations when playing games of chance must be realistic, considering the small probabilities and the amounts we wager.