Is there an explaination of 'Luck' when it comes to gambling ...like some says ..there is such a thing as 3

Question

times lucky.

Answer 1

Luck is just a way of describing how far from mathematicaly ideal random events fall in a series of trials.

In the world of gambling all events are random for the most part, and ANYTHING is possible,  while the odds of winning/losing 100 times in a row are very small it is not impossible, and i suppose if it happend to you, might view yourself as being lucky/unlucky

If you gamble long enough you will see winning/ losing streaks that can be vary high in number,  you could call it luck or misfortion, but it happens all the time simply put its a result of  individual payouts being larger than the ev of a game.

Answer 2

LOL! OMG... Luck? There is no such thing. Gambling is a business. It's all numbers and odds. Some people claim there are "systems" that can guarantee winning, don't believe a word of it. Know how to play, know the odds and know when to quit. That's all there is to it. That and your money.

Edit: Sorry about the laugh. I hear that sort of thing all the time and usually do a better job at giving advice. After a while of hearing the same question, it becomes almost comical.