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The Truth behind Lady Luck

In many cases, people believe that gambling is a game of chance. Any winning bets are all because of lady luck.

Some gamblers will insist that lady luck is the goddess of fate. They want to believe that one stroke of luck on a players side will definitely bring about winning streaks and endless shots of fame and fortune. This conception of lady luck is based entirely on fate, and not on the skill of the player on the game being played.

No wonder people utter under their breath, There goes lady luck again to somebody who consistently wins the game. The problem lies in the fact that the so-called lady luck is not always consistent from day one until day two or three. On its entirety, the truth behind ladyluck is dependent on the stroke of providence that falls upon the person right at that very moment in time

Mathemeticians argue that they can combat ladyluck into a more realistic viewpoint by using numbers instead of fate, or what their stars have in store for them.

That is why critics would rather call blackjack, roulette, craps and other popular standards as part of the gaming industry, and not gambling industry. They want people to believe that the probabilities of winning is not based on lucky decisions, but instead, on the mathematical statistics of every move.

The Drawback behind Lady Luck

The problem with people relying on good fortune to smile upon them, so as to ward off any bad spirits, is that the modern game tends to fall back on the superstitious beliefs of most primitive people.

Many losers want to believe that they can ward off unlucky spirits by using some techniques such as spreading salts to ward off the elements that bring bad streaks. Some will contend that the color of their clothes will attract a lucky spirit to come and sit with them.

Some mathematicians contend that the odds of having, or getting, a royal flush are 1 in 649,739. This goes to show that if people solely rely on providence, they will definitely be losers more often than winners.

The bottom line: gambling is not about winning. It is entirely based on losing. The only winner is the owner operator with the so-called house advantage. There is no lady coming to his rescue.