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You Are Here - Know Your Casino - Games - BlackJack - Skill vs. Chance in online gambling

Skill vs. Chance in online gambling

Written by Online Casino

Gambling games, as it is shown by the name, are based on the chance and the luck of each player. However, even if it involves gambling, i.e. wagering and winning or losing, many online gambling games require skill and experience. The online gambling games have even been divided in two types and differentiated as games of skill and games of chance. But even if a game has been labelled as a game of chance, human beings, usually characterized by the strong work of the grey brain cells, have managed to create ways of strategically take away more money from lady luck as she would voluntarily give away.

The casino games that are labelled games of chance are games that basically do not have any gaming strategy. These are games like Baccarat, Keno, Bingo, Craps, Roulette, Lotto and Slots. The strategy of these games of chance is knowing your odds when playing against the house edge. This also involves a good money management. It is very important to know the game and not to make sucker bets - bets that seem to be profitable for a new player, but which give the house low edge. For instance, in Craps, the house has and edge of 1,4% in a Don't Pass, or a 9.1% edge in A Big 6/Big 8 Any 7 gives the house a 16.7% edge.

Blackjack or Poker games are considered to be games of skill. In Poker you need to start with a blind bet, but as soon as you can see your cards, you can decide whether it is better to raise or fold. Before playing these games for money, it is advisable to learn to play the no-money-required version. When you have gained some experience with virtual money games you can go on to play for real money.

The difference between games of chance and games of skill is that the win is based on chance or on the skills of the player. However, I would not go as far as putting a limit between these games, saying that games at the one side of the line are based on chance and the games at the other side are based on skill. There is no such trace because, as one could have seen, there are no games where the win is based absolutely on chance, and when talking about games of skill there is a high degree of chance involved. Most of the games involve skill as much as they involve luck. Moreover, I strongly believe that chance can be manipulated by skill, and skill can be gained by thorough knowledge of the game and gaming experience.


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