Most of the people consider that pre-eminence in gambling is strictly due to risk, or as some folks prefer to think of it, “lady luck.”. Loads of gamblers tend to think that if they win it is usually because they have been touched by Lady Luck. However that also means that they’ll have a winning run as long as Lady Luck is on their side.
But that sort of belief is a type of dangerous weapon. If it were correct that Lady Luck was responsible for gambling success, then it diminishes any thought that the player is having success thanks to his ability as a gambler. Madam Chance takes everything out of the hands of the gambler and leaves it totally up to fate. But if this is correct then why is it that certain winners aren’t actually consistent in their wins? How do they win one day and lose the next?
Statisticians will disagree the fact of the situation is better explained mathematically to be more precise than by luck, or Lady LuckThey can quite logically explain the possibilities and chances of someone winning at any given time.
in fact many people who are critical about gambling tend to classify games like blackjack and roulette as being members of the gaming business rather than the gambling industry. By offering this variation, they can then say that those games are based more on mathematical statistics instead of any kind of chance.
There is a question if you subscribe to the idea that it is all Lady Luck. Not only does that hint at some type of primitive way of taking a look at something, but it also implies that regardless of what the player does, his winning or losing relies on some aspect over which he hasn’t any control. If luck is with him he will win, if it is not, he’s going to lose. It can , therefore , enfeeble his capability to play smartly.
Believing in the luck idea can even send some people into doing strange and surprising things. In other words, they may possibly take extreme measure to do certain things to “ward off malevolent spirits” which will interfere with Lady Luck. It can even go so far as to effect the color of garments that they wear when they play.
One thing to remember, statisticians maintain that it is virtually impossible to get a royal flush. In reality, they are saying the possibilities of getting one are 1 in 649,739. This illustrates more than anything that most of the people will lose more than they will win. And that is the entire foundation of gambling… Losing.
So, keep that under consideration. Losing is the norm in gambling and winning the exception. As long as you go into gambling with this thought in mind you won’t have unrealistic expectations. 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 proprietor is the only one that consistently wins at gambling. That IS a guarantee.