Did gambling losses are traps to new game - page 14.

qwertyup23

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Quote from: Westinhome on May 14, 2024, 06:20:48 AM

He keep on playing the gambling with some loans from our friends circle to manage the 2000 dollars previous loss.But the result is both positive and negative based on his luck.One of my gambling friend said this “Gambling losses are the traps for the gamblers to get into gambling again.”He added when the gambling loss was increases,most of us will do the gambling to recover the old loss.Because no one earning money without work,So our wish will be to balance the old losses in the gambling site.Share your opinion on this.

I have previously stated that I called this the "cycle of gambling" where a player will most likely gambling again regardless of the result of his games.

For example, if a person gambles, if he either wins or losses, he would most likely try and gambling again his luck. If a person won in his games, he would at least attempt again to try his luck and just to see if he would win. If he losses, there is this feeling where they have this need to recover their losses by gambling again.

This urge and temptation are what draw people to stick into a gambling cycle until they are satisfied with their winnings (positive outcome) or if they have already exhausted their resources (negative outcome) for the day.

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Did you guys trust on gambling algorithms or do the random betting in the gambling site to check the current luck in the gambling sites…

Well, I trust the casinos on how they handle their algorithms especially if they are a respectable and reputable gambling platform. I am pretty confident that they have all the algorithms within the boundaries set by the respective laws in order to prevent any kind of unfair advantage over its players.

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Quote from: Westinhome on May 14, 2024, 06:20:48 AM

He keep on playing the gambling with some loans from our friends circle to manage the 2000 dollars previous loss.But the result is both positive and negative based on his luck.One of my gambling friend said this “Gambling losses are the traps for the gamblers to get into gambling again.”He added when the gambling loss was increases,most of us will do the gambling to recover the old loss.Because no one earning money without work,So our wish will be to balance the old losses in the gambling site.Share your opinion on this.

Chasing losses is risky in gambling because you cannot predict how the game will turn out. How can you chase what you don't have the capacity to catch? There are some gamblers who have successfully recovered what they have loss by gambling more but it is better to follow your budget.

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With my experience,I had use to win and loss based on the time I am playing the game.If I had the gambling at the sleeping mood,most of the time.I had loss the capital money in the gambling site.The winning also depends upon the gambling experience,many gamblers use to play the game based on the game experience.But some gamblers think the gambling was based on the luck,So they only do the random betting in the gambling site.The reason for most of the loss in the gambling sites are repeating the same algorithm in the gambling site after the gambling site change their algorithm to the game.

In gambling sometimes you win and other times you might lose. Experience is important in gambling because it will assist in making good decisions since you have understanding. When it comes to luck, you do nothing to attract it. It comes once on a while when you don't even expect it. But depending on only luck to win games is improper, we should spend time in learning about the game. Always gamble when you are sound and not when you are high, sick or feeling sleepy.

Quote

Did you guys trust on gambling algorithms or do the random betting in the gambling site to check the current luck in the gambling sites…

It is a common habit for gamblers to revisit a gambling platform they think is favorable. Even in physical casinos people assume that some give them more luck than another. I don't know how to check gambling algorithm,I just ensure I bet with reputable casinos that is trusted by many gamblers.

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Quote from: retreat on May 15, 2024, 10:37:21 AM

Just like what most people here say, casinos have a house edge which allows them to gain more profits than the players. So no matter how players set their strategy, they will not be able to beat casinos which have algorithms designed with a higher chance of winning. Because I know this, I consider that gambling is just entertainment - I don't use gambling as a place to make a lot of money, even borrowing people's money just to chase wins - I consider it to be entertainment to fill my free time.

True, the fact is that no matter where you gamble and no matter what type of game you play, it is still a gamble that will ultimately refer to one of two possibilities at the end of the session, namely between winning and losing, and the main point is that anyone can never know about how the results they will get at the end of the session or simply as we often say that gambling is an activity that can never be predicted no matter how good the strategy you have.

However, if it is your time to lose then obviously you will lose and if luck comes at the right time then most likely you will win. I think this is the real fact about how gambling works and because of this also why we always suggest that never make gambling a place to earn because it makes no sense if you put your intention and goal to earn in a place that is completely unpredictable is a ridiculous idea that can never be justified. And like you said, it's best to have the perspective that gambling is nothing more than an entertainment game to pass the time when you're bored.

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Quote from: retreat on May 15, 2024, 10:37:21 AM

Just like what most people here say, casinos have a house edge which allows them to gain more profits than the players. So no matter how players set their strategy, they will not be able to beat casinos which have algorithms designed with a higher chance of winning. Because I know this, I consider that gambling is just entertainment - I don't use gambling as a place to make a lot of money, even borrowing people's money just to chase wins - I consider it to be entertainment to fill my free time.

Competitive games are more interesting. Playing undisputed in any game is quite boring and makes the player less concerned about participating in such game. Casinos provides a competition between the player and the house. When a player losses he'd want to win. Because winning is not common to him. He's tired of seeing those losses. I think coming up with consistency as a winning strategy should be the dream of any gambler.

The house still makes it to number one spot on the leader board of who wins the game. While the player struggles to win huge. It's quite a trap indeed, because the race wouldn't stop easily. Most players find it very difficult to stop when the losses are numerous. It happens to everyone but ”self control" is the vital factor or skill which helps players from avoiding such traps. However, the entertaining aspect of gambling means different things for a lot of people.

retreat

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Just like what most people here say, casinos have a house edge which allows them to gain more profits than the players. So no matter how players set their strategy, they will not be able to beat casinos which have algorithms designed with a higher chance of winning. Because I know this, I consider that gambling is just entertainment - I don't use gambling as a place to make a lot of money, even borrowing people's money just to chase wins - I consider it to be entertainment to fill my free time.

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Quote from: Westinhome on May 14, 2024, 06:20:48 AM

...//:::

You continue on the same theme, betting is a probability, if we flip the coin,it is 50-50, if it is between two friends, but when you add a third party, e.g. a casino, there is the HE, it is simple.

Then you adapt the above to each game, and you develop skills, to be close to what is known as breakeven, this in traditional games, in Poker, blackjack, sports betting, the focus varies a little more to include intellectual skills, experience , etc.

Betting is first and foremost a game based on probabilities, where even a 99% probability in your favor makes you lose.

In the case of the "management" of the probabilities or what is known as rigged, it is something that today with crypto casinos you can get out of your head with PF, and in traditional casinos, most traditional Fiat casinos are audited by third parties.

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Quote from: Westinhome on May 14, 2024, 06:20:48 AM

When I had meet my friends last Sunday,We had discussed about this topic.We are friends based on our gambling interest and all of us are the gamblers.I had already mentioned about my friend who loss 2k in this below thread also take part in our meeting.

https://bitcointalksearch.org/topic/after-losing-the-money-in-gamblingwhat-is-your-strategy-5493038

He keep on playing the gambling with some loans from our friends circle to manage the 2000 dollars previous loss.But the result is both positive and negative based on his luck.One of my gambling friend said this “Gambling losses are the traps for the gamblers to get into gambling again.”He added when the gambling loss was increases,most of us will do the gambling to recover the old loss.Because no one earning money without work,So our wish will be to balance the old losses in the gambling site.Share your opinion on this.

With my experience,I had use to win and loss based on the time I am playing the game.If I had the gambling at the sleeping mood,most of the time.I had loss the capital money in the gambling site.The winning also depends upon the gambling experience,many gamblers use to play the game based on the game experience.But some gamblers think the gambling was based on the luck,So they only do the random betting in the gambling site.The reason for most of the loss in the gambling sites are repeating the same algorithm in the gambling site after the gambling site change their algorithm to the game.

Did you guys trust on gambling algorithms or do the random betting in the gambling site to check the current luck in the gambling sites…

Gambling losses are traps for people who are looking forward for a life changing moment in gambling, where they will end up having everything they ever dreamed of, and only a few people shy away from gambling once they are in losses.

Normally losses should scare you away from gambling, unfortunately, this works only on female gamblers, some will say that it depends on what happen on your first day you start gambling, if you win you will likely feel at home, and if you lose you escape the possible addiction.

You will probably find yourself in this situation if you take loans to
gamble, remember you have to pay back? This alone is enough to make you keep gambling, thinking that you must make the money back.

If the money is yours you can feel the same way too but it is a bit easier to let go if the money belongs to you, the expectation from gambling is why all these are happening, gambling was meant to be a game of fun, it deserves few dollars not big amount and no to loan too.

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Quote from: Assface16678 on May 15, 2024, 01:51:59 AM

It's easier said than done. I mean, as a gambler, do you have that kind of discipline or strong discipline that you will stop after a few games? I think not, because gamblers will not be satisfied until they play numerous games or sessions. The most effective way in order to minimise the losses or for the gambler not to become too addicted is that they play numerous games or sessions. The most effective way in order to minimise the losses or for the gambler not to become too addicted is that it will set a limit.

You are right to an extent, every of our actions in gambling has an implication on whether positive or negative as the case may applies, we have to be mindful that gambling is what we must do with caution, there is limit to everything, we shouldn't be found as those thinking in one direction towards gambling, we have to set limitation and be principled if possible from the way we are gambling, this will help us have a better gambling experience each time we are on it.

ethereumhunter

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I don't have to thinks about algorithms on gambling platform because I don't knows about that. But one thing that I knows is when we lose some money, we can tempts to deposit more money to continue our gambling activity and that can cause us lose more money. We will not realizes about what we do because our minds will keeps telling us to keeps playing gambling because we have the opportunity to wins the games. That can makes us to do what our minds says and will not thinks that can gives us the big lose. But that will not works for someone who can thinks about the risks doing that and will not deposit his money just to playing gambling. They will be more carefully when playing gambling and will not spends more money than they can afford to lose.

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Quote from: Assface16678 on May 15, 2024, 01:51:59 AM

Quote from: _act_ on May 14, 2024, 12:11:42 PM

Quote from: aioc on May 14, 2024, 10:52:58 AM

There is a way to check the fairness of the game if you think that the casino is resorting to manipulation, you never blame the casinos when you're losing you understand that the house has an edge, and you agreed to play with it, with a reputable platform they do not use a trap because everything lies within your choice to play and bet and you decide on everything you do, casinos are game of luck there is no algo to follow like the martingale.
Martingale is newbie alibis while they are losing when they think it's a proven algo to win a game when, in fact, it's not.

If you can be good with small amount of money profit and if you win ones in a day you will not gamble for that day again, you can go for 3 odd games and go for martingale for like $25. In any stage that you win, you stop gambling for the day. You can start with $1, then 3, then 9, then $18 and the last is $25. If you win only ones, you will stop gambling. I guess you should be able to win at least one time out of 5 times. But it is dangerous.

It's easier said than done. I mean, as a gambler, do you have that kind of discipline or strong discipline that you will stop after a few games? I think not, because gamblers will not be satisfied until they play numerous games or sessions. The most effective way in order to minimise the losses or for the gambler not to become too addicted is that they play numerous games or sessions. The most effective way in order to minimise the losses or for the gambler not to become too addicted is that it will set a limit. For example, if I'm not based on the number of games, but on how much funds or capital I have allocated for the day, I have a rule that if I lose all that allocated money, then I will stop playing no matter what, and if I somehow win and I notice that I either doubled or quite earn half of my capital, then I will also stop even if I'm in the momentum.

Having a system is great. Thats the first step to winning, trust me. Set bankroll-based boundaries to demonstrate self-control and financial intelligence. Fantastic and smart. Everyone loves the game, but the savvy victors know when to quit, whether they're ahead or behind. Nobody makes better decisions under pressure than me, not only while gambling.

Dont overlook the big picture. We love having fun, but responsibly. That requires recognising the game, the risks, and most crucially, your limits. Stopping when you've doubled up or lost your predetermined amount is excellent risk management, remarkable. This plan protects your money and mind. Enjoying gaming or any high-stakes situation requires discipline and intelligence. Thats how to win large and have fun. Just trust me.

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For the casino to be able to make money of the activities of gamblers they have to make sure the algorithm is constantly in a changing cycle, that way they will be able to have the edge that will keep tham a step ahead of the gamblers and be able to make more profits off the gamblers but then some gamblers seem not to have understood this just yet so they literally just keep gambling until they are no longer financially capable again to probably be able to place a bet by virtue of them going bankrupt. It's very important to understand thst this constant change in the gambling algorithm keeps you are a disadvantage so you most likely can't be lucky hence utilize your chances and exit the casinos as soon as you can so you don't get stucked and have to loose all your funds to the casino to the point you probably get bankrupt.

It's always still much ber you apply caution a d know when to stop not to follow the trap that comes with loosing as rhst will most definitely always keep you at an disadvantage such rhst you can almost not be able to have a chance to win because you may be playing from an unstable state of mind due to your losses.

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It depends on the game you are playing because if you have a good strategy and analytics with the game itself like the table top games you can easily identify the possible risk and odds of winning the game base on the previous results, but if you are just playing with the slot games or programmatically games i guess its quite hard to predict or at least lessen the chance to lose a large amount. Another thing is you don't need to take loan just to satisfy your gambling needs you will just lead those to your debts that cant pay once you lose more than that.

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Quote from: Webetcoins on May 15, 2024, 05:26:22 AM

Yes, it's not gambling but it's about us people, though for the many, I think it was the win (preferably a massive one) is the one that can be said like a trap to them because they will now come back and see if they can hit it again or bet more to win more than their previous record.

Beginner gamblers usually come because they are curious and they don't have a goal yet. If we think our goals or satisfaction has not been met yet, we don't feel like quitting and this is why we ended up getting addicted later on. Losing at first attempts are too early and even our selves, we will likely try again. It does not really equate to not having a self-discipline.

For novice gamblers, perhaps they just want to satisfy their curiosity, but by wanting to satisfy their curiosity, they will unconsciously become addicted, especially if they have an environment where the majority of gamblers are, it can make them closer to gambling, making them addicted to gambling. . Indirectly, in my opinion, they are beginners who definitely want to win, and after winning they can have the idea that gambling is indeed easy to make money.

In this way, it will clearly make them addicted to gambling and make them addicted. As time goes by, they won't care about losing money before getting the win they really want. with them like this they really don't have discipline or they forget the discipline they initially had.

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Quote from: Franctoshi on May 14, 2024, 03:47:11 PM

I don't believe in such thing, You have a choice to decide whether you will get trapped or not as a result of that , Secondly before coming to gamble, you should have known the reasons you are getting involved in gambling, whether you want to see it as a way of making money or just to play for fun, we'll whichever way that suits, you are entitled to quit anytime should your aim of gambling isn't getting achieved, I would say that those that got trapped as a result of losing in their first attempts don't reall have self decipline.

Yes, it's not gambling but it's about us people, though for the many, I think it was the win (preferably a massive one) is the one that can be said like a trap to them because they will now come back and see if they can hit it again or bet more to win more than their previous record.

Beginner gamblers usually come because they are curious and they don't have a goal yet. If we think our goals or satisfaction has not been met yet, we don't feel like quitting and this is why we ended up getting addicted later on. Losing at first attempts are too early and even our selves, we will likely try again. It does not really equate to not having a self-discipline.

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Quote from: Jawhead999 on May 14, 2024, 08:19:58 AM

Losses aren't traps because anyone can know gambling will make them lose if they check and understand about house edge.

If people think losses are traps that make people to gamble more, it's either the gamblers are careless or stupid enough to not understand house edge. So, if you see a gambler that you think like an addict, you can ask him what's house edge and how do it's work.

Quote from: Jawhead999 on May 14, 2024, 08:19:58 AM

Losses aren't traps because anyone can know gambling will make them lose if they check and understand about house edge.

If people think losses are traps that make people to gamble more, it's either the gamblers are careless or stupid enough to not understand house edge. So, if you see a gambler that you think like an addict, you can ask him what's house edge and how do it's work.

Yeah I don't think gambling losses are traps to gamblers,I rather see it as a way of letting you be discipline with your spendings and gamble with the the least of your income or finance, but then alot of gamblers ignore it and blame casinos for it.
It's simple understanding not to expect so much in gambling and your chances of generating losses are minimized.

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Quote from: Westinhome on May 14, 2024, 06:20:48 AM

When I had meet my friends last Sunday,We had discussed about this topic.We are friends based on our gambling interest and all of us are the gamblers.I had already mentioned about my friend who loss 2k in this below thread also take part in our meeting.

https://bitcointalksearch.org/topic/after-losing-the-money-in-gamblingwhat-is-your-strategy-5493038

He keep on playing the gambling with some loans from our friends circle to manage the 2000 dollars previous loss.But the result is both positive and negative based on his luck.One of my gambling friend said this “Gambling losses are the traps for the gamblers to get into gambling again.”He added when the gambling loss was increases,most of us will do the gambling to recover the old loss.Because no one earning money without work,So our wish will be to balance the old losses in the gambling site.Share your opinion on this.

With my experience,I had use to win and loss based on the time I am playing the game.If I had the gambling at the sleeping mood,most of the time.I had loss the capital money in the gambling site.The winning also depends upon the gambling experience,many gamblers use to play the game based on the game experience.But some gamblers think the gambling was based on the luck,So they only do the random betting in the gambling site.The reason for most of the loss in the gambling sites are repeating the same algorithm in the gambling site after the gambling site change their algorithm to the game.

Did you guys trust on gambling algorithms or do the random betting in the gambling site to check the current luck in the gambling sites…

The thing is, gambling expectations will always get people wrecked, if you have this crazy expectation that gambling will bring you fortune you have simply traded your possible dream for the impossible, for me gambling is not the place for me to look for that high amount that can sustain me for years in life.

I could get this result but I am not expecting it, that is why I will look forward to enjoying my games instead of looking forward to becoming a millionaire from gambling, when you start seeing people going for loans all because of gambling then they are not in their right senses anymore..

Quote from: Assface16678 on May 15, 2024, 01:51:59 AM

Quote from: _act_ on May 14, 2024, 12:11:42 PM

Quote from: aioc on May 14, 2024, 10:52:58 AM

There is a way to check the fairness of the game if you think that the casino is resorting to manipulation, you never blame the casinos when you're losing you understand that the house has an edge, and you agreed to play with it, with a reputable platform they do not use a trap because everything lies within your choice to play and bet and you decide on everything you do, casinos are game of luck there is no algo to follow like the martingale.
Martingale is newbie alibis while they are losing when they think it's a proven algo to win a game when, in fact, it's not.

If you can be good with small amount of money profit and if you win ones in a day you will not gamble for that day again, you can go for 3 odd games and go for martingale for like $25. In any stage that you win, you stop gambling for the day. You can start with $1, then 3, then 9, then $18 and the last is $25. If you win only ones, you will stop gambling. I guess you should be able to win at least one time out of 5 times. But it is dangerous.

It's easier said than done. I mean, as a gambler, do you have that kind of discipline or strong discipline that you will stop after a few games? I think not, because gamblers will not be satisfied until they play numerous games or sessions. The most effective way in order to minimise the losses or for the gambler not to become too addicted is that they play numerous games or sessions. The most effective way in order to minimise the losses or for the gambler not to become too addicted is that it will set a limit. For example, if I'm not based on the number of games, but on how much funds or capital I have allocated for the day, I have a rule that if I lose all that allocated money, then I will stop playing no matter what, and if I somehow win and I notice that I either doubled or quite earn half of my capital, then I will also stop even if I'm in the momentum.

That is you man, the reasons why we all gamble is different, if you can't get a hold of yourself when gambling then it is YOU, I have seen a lot before I start gambling, I can still see a brother who was once a popular person in my street and gambling turned everything around for him, till this day he isn't balanced yet, it's easier said than done? Say it again.

Fear of gambling addiction is the beginning of wisdom, been a responsible gambler is not even that hard but what you believe in is what will determine if you can control yourself or not.

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Quote from: _act_ on May 14, 2024, 12:11:42 PM

Quote from: aioc on May 14, 2024, 10:52:58 AM

There is a way to check the fairness of the game if you think that the casino is resorting to manipulation, you never blame the casinos when you're losing you understand that the house has an edge, and you agreed to play with it, with a reputable platform they do not use a trap because everything lies within your choice to play and bet and you decide on everything you do, casinos are game of luck there is no algo to follow like the martingale.
Martingale is newbie alibis while they are losing when they think it's a proven algo to win a game when, in fact, it's not.

If you can be good with small amount of money profit and if you win ones in a day you will not gamble for that day again, you can go for 3 odd games and go for martingale for like $25. In any stage that you win, you stop gambling for the day. You can start with $1, then 3, then 9, then $18 and the last is $25. If you win only ones, you will stop gambling. I guess you should be able to win at least one time out of 5 times. But it is dangerous.

It's easier said than done. I mean, as a gambler, do you have that kind of discipline or strong discipline that you will stop after a few games? I think not, because gamblers will not be satisfied until they play numerous games or sessions. The most effective way in order to minimise the losses or for the gambler not to become too addicted is that they play numerous games or sessions. The most effective way in order to minimise the losses or for the gambler not to become too addicted is that it will set a limit. For example, if I'm not based on the number of games, but on how much funds or capital I have allocated for the day, I have a rule that if I lose all that allocated money, then I will stop playing no matter what, and if I somehow win and I notice that I either doubled or quite earn half of my capital, then I will also stop even if I'm in the momentum.

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That friend is right, losses in gambling tend to be traps for impulsive gamblers because they would go ahead and chase their losses right after they occur which in return makes them lose more money and the trap keeps getting deeper over time. Responsible gamblers are safe from this trap because they don't chase their losses but let them go and continue gambling normally like nothing happened which is what every gambler should be doing actually.

Winning and losing is barely about algorithms unless you are gambling at a casino that is manipulative or has evil intentions and has tweaked the algorithms to make the gamblers lose more than usual, otherwise, in normal gambling, it's all about you being lucky or unlucky whether you will win or lose, and the casino gets its fair share through the house edge.

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Quote from: Westinhome on May 14, 2024, 06:20:48 AM

Did you guys trust on gambling algorithms or do the random betting in the gambling site to check the current luck in the gambling sites…

I don't believe in the algorithms because the probability is always on their side to do most of the work and gamblers always make the worst decisions while playing. I used to play in every other casino I could find back then in hopes of getting better luck, but i'd say it's more or less the same when our luck can easily flip like a switch.

Quote from: Darker45 on May 14, 2024, 07:58:15 PM

Losses aren't necessarily a trap. Well, gambling is already a trap itself, but what I'm saying is that losing doesn't necessarily push a gambler to bet more. It's all a matter of discipline and control on the part of the gambler. Other gamblers stop even if they're losing. They don't even try to get back at the casino or recover their losses.

That's true, it's more about how we react to these losses since we're not forced to play after every loss. Some still fall for it because they get carried away by their emotions and struggle to take the hit in these losing situations.

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Quote from: Darker45 on May 14, 2024, 07:58:15 PM

Losses aren't necessarily a trap. Well, gambling is already a trap itself, but what I'm saying is that losing doesn't necessarily push a gambler to bet more. It's all a matter of discipline and control on the part of the gambler. Other gamblers stop even if they're losing. They don't even try to get back at the casino or recover their losses.
Gambling is generally based on luck. Results are random. Changing seeds don't even mean a thing. Casinos always have the edge. However small it may be, it will prevail in the long run. Don't cite cases of highly profitable and lucky jackpot winners. They're the exception, not the rule. Casinos remain a money-making machine. And they're making money out of gamblers.

with those who are trapped in gambling and experience big losses, it is because of their own mistakes, they misinterpreted gambling and were wrong in gambling, where they gambled inappropriately, if they could gamble appropriately, perhaps they would not be trapped in gambling that is harm them. but unfortunately they get themselves trapped in their own thoughts. What you said is correct, this is a matter of discipline, those who are disciplined in gambling will not gamble again after experiencing defeat.
considering that gambling is a game of chance, it is true that gambling is based on luck regarding winning. because victory, which is rarely obtained, is something that is difficult to predict, even someone who is said to be a professional at gambling, in my opinion, they cannot win with certainty, because winning at gambling is based on luck. I agree with you, indeed casinos are money-making machines, but that only applies to the host, while for players losses and losses are what is usually obtained in the long term.

Topic: Did gambling losses are traps to new game - page 14. (Read 2061 times)