Most people think that success in gambling is strictly due to risk, or as many people would wish to regard it, “lady luck.”. Loads of gamblers like to believe that if they win it is because they’ve been touched by Lady Luck. Except that additionally suggests that they’re going to have a winning streak so long as Lady Luck is on their side.
But that kind of belief is a type of double edged sword. If it were right that Lady Luck was responsible for gambling success, therefore it diminishes any thought that the player is having success due to his ability as a gambler. Madam Luck takes everything out of the hands of the gambler and leaves it completely up to fate. But if this is true then why is it that certain winners aren’t actually regular in their wins? How do they win one day and lose the next?
Statisticians will argue that the reality of the situation is better explained mathematically rather than by chance, or Lady LuckThey can quite logically explain the probabilities and possibilities of somebody winning at any certain time.
in reality many of us who are critical about gambling have a tendency to classify games like blackjack and roulette as being members of the gaming business instead of the gambling industry. By offering this difference, they can then say that those games are based more on mathematical statistics rather than any sort of chance.
There is a problem if you subscribe to the assumption that it’s all Lady Luck. Not only does that imply some type of primitive way of looking at something, but it also implies that irrespective of what the player does, his winning or losing is based on some aspect over which he hasn’t any power. If luck is with him he will win, if it is not, he’ll lose. It can , undermine his capability to play smartly.
Believing in the luck speculation can even send some people into doing strange and surprising things. In other words, they may take extreme measure to do particular things to “ward off malevolent spirits” that may meddle with Lady Luck. It can even go so far as to effect the color of clothes that they wear when they play.
One thing to remember, statisticians claim that it is nearly impossible to get a royal flush. In fact, they say the chances of getting one are 1 in 649,739. This illustrates more than anything that most people will lose more than they will win. And that’s the whole foundation of gambling… Losing.
So, keep that under consideration. Losing is normal in gambling and winning the exception. So long as you go into gambling with this thought in mind you will not have impractical expectancies. But to think that Lady Luck is on your side and that you will come out a big winner, will only lead to disappointing results. The casino owner is the only one that solidly wins at gambling. That IS a guarantee.