New Posts For Thread: Do you believe in luck?https://community.betfair.com/general_betting/go/thread/view/94082/23493750/do-you-believe-in-luckTo me cliches like "you make your own luck" are wrong on so many levels. That's like saying you can have control over random things like the weather and traffic jams. In terms of sports/gambling, very little is in our control (we're relying on playeHow come when you try a new plan the minute you start it enters into a long period losses never seen before!! Thinking of laying favs for example?The week you start their winning % will rocket up to 70%!. Try backing and they'll start winning 15%.It'https://community.betfair.com/general_betting/go/thread/view/94082/23493750/do-you-believe-in-luck?post_id=419692650#419692650How come when you try a new plan the minute you start it enters into a long period losses never seen before!! Thinking of laying favs for example?The week you start their winning % will rocket up to 70%!. Try backing and they'll start winning 15%.It'Sun, 03 Jan 2010 23:20:39 -0600Luck doesn't exist. Stuff just happens.People may say someone is lucky but it's probably because they created a situation where this 'luck' was more likely to happen.https://community.betfair.com/general_betting/go/thread/view/94082/23493750/do-you-believe-in-luck?post_id=419692642#419692642Luck doesn't exist. Stuff just happens.People may say someone is lucky but it's probably because they created a situation where this 'luck' was more likely to happen.Sun, 03 Jan 2010 20:01:19 -0600Luck exists but not "lucky". I.e, of course some people will experience more bad luck than others during their life, but this is not predictable.Gary Player was spot on. He didn't mean it literally of course...what he means is, when you are sh1t athttps://community.betfair.com/general_betting/go/thread/view/94082/23493750/do-you-believe-in-luck?post_id=419692638#419692638Luck exists but not "lucky". I.e, of course some people will experience more bad luck than others during their life, but this is not predictable.Gary Player was spot on. He didn't mean it literally of course...what he means is, when you are sh1t atSun, 03 Jan 2010 19:49:42 -0600"Luck" obviously exist....no doubt about that!However, it is basically irrelevant generally..................as the cliche is "correct"........YOU MAKE YOUR OWN LUCK!https://community.betfair.com/general_betting/go/thread/view/94082/23493750/do-you-believe-in-luck?post_id=419692634#419692634"Luck" obviously exist....no doubt about that!However, it is basically irrelevant generally..................as the cliche is "correct"........YOU MAKE YOUR OWN LUCK!Sun, 03 Jan 2010 19:13:35 -0600The essential point is how you deal with bad luck. Of course there is always going to be variance but you need to be able to control your emotions to make good decisions when you experience bad luck. People who are consistently unlucky are probably bhttps://community.betfair.com/general_betting/go/thread/view/94082/23493750/do-you-believe-in-luck?post_id=419692630#419692630The essential point is how you deal with bad luck. Of course there is always going to be variance but you need to be able to control your emotions to make good decisions when you experience bad luck. People who are consistently unlucky are probably bSun, 03 Jan 2010 18:09:13 -0600Vaprus Parnu,If you were offered the chance to play a game of heads or tails with a biased coin where the chance of heads is 50.5% and tails 49.5% with an even payout would you play?If your answer is yes, you should consider that you could easily behttps://community.betfair.com/general_betting/go/thread/view/94082/23493750/do-you-believe-in-luck?post_id=419692622#419692622Vaprus Parnu,If you were offered the chance to play a game of heads or tails with a biased coin where the chance of heads is 50.5% and tails 49.5% with an even payout would you play?If your answer is yes, you should consider that you could easily beSun, 03 Jan 2010 16:52:28 -0600The Investor - I think any successful gambler does take into account volatility. Sure, a bad ref decision might cost you in the odd game here and there but you would have that factored in, just as a trader factors in the odd all-red screen.If you conhttps://community.betfair.com/general_betting/go/thread/view/94082/23493750/do-you-believe-in-luck?post_id=419692598#419692598The Investor - I think any successful gambler does take into account volatility. Sure, a bad ref decision might cost you in the odd game here and there but you would have that factored in, just as a trader factors in the odd all-red screen.If you conSun, 03 Jan 2010 13:58:36 -0600of course their is luck but it is not pre- destined and bad and good luck is only decided at the time and by physics mainly (ie the bounce of a lottery ball , the angle of impact in a car crash etc)https://community.betfair.com/general_betting/go/thread/view/94082/23493750/do-you-believe-in-luck?post_id=419692594#419692594of course their is luck but it is not pre- destined and bad and good luck is only decided at the time and by physics mainly (ie the bounce of a lottery ball , the angle of impact in a car crash etc)Sun, 03 Jan 2010 13:46:50 -0600Vaprus Parnu 03 Jan 20:16[...]No such thing as luck (long term) imo. People who win / ae successful consistently at anything are those who put the work in. Same goes for gambling.[...]If you take two successful gamblers one has made £100,000 inhttps://community.betfair.com/general_betting/go/thread/view/94082/23493750/do-you-believe-in-luck?post_id=419692590#419692590Vaprus Parnu 03 Jan 20:16[...]No such thing as luck (long term) imo. People who win / ae successful consistently at anything are those who put the work in. Same goes for gambling.[...]If you take two successful gamblers one has made £100,000 inSun, 03 Jan 2010 13:42:17 -0600Yes, what Millhouse describes is part of The Luck Factorhttps://community.betfair.com/general_betting/go/thread/view/94082/23493750/do-you-believe-in-luck?post_id=419692586#419692586Yes, what Millhouse describes is part of The Luck FactorSun, 03 Jan 2010 13:18:05 -0600