Did gambling losses are traps to new game - page 15.

Hispo

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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.

I believe losses do not necessarily are always supposed to be a "trap" or encourage a gambler to continue to wager his money until to be left penniless. To some gamblers, specially those who have a minimum of experience, suffering from losses can be a wake up call for them to realize what they are doing with their money and whether it is appropriate for them to continue to do what they do in the long term... In the best case/scanerio, the gambler will decrease the total wager they accumulate during a single session on the casino and feel more comfortable with the potential wins and the losses in the future, it is the opposite path which could lead to gambling addiction. The alternative is always to dive deeper into loss chasing, and we all know how that ends up.

The actual "trap" when comes to gambling is not the losses but how those services, in a clever way, sell the chance of a jackpot to people who are willing to hold onto that possibility for much time.

Darker45

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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.

alani123

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If you can't afford to lose, don't play with these amounts. It's not realistic to always expect to win.

Of course casinos operate on a house edge and won't let you win reliably. You need to account for losing more often than winning. Otherwise there would be no casinos. So to the people ready to risk life changing amounts for them, they have to reconsider. Winning something might help them but really if they lose the ruinage will be very costly too, and the psychological stress is never worth it.

If you think you're in danger of that, you must seriously consider stepping away from any gambling platform for a moment. Just do it with amounts that won't risk your security and only then should you continue. Otherwise better stop altogether.

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

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.

Definitely the gambling loses are the main reason why people get addicted, because no body is happy seeing himself loosing alot without gaining. So in the quest to porsue the lost amount out of greed, they end up losing more than winning. They now see it as problematic to win often. So the problem of not regularly wining is just to gamble and recover the old loses which might not be possible. so we should bear it at the back of our minds that gambling should not be done as a form or retaliation or revenge, otherwise you lose more than win. Don't just panic when you lose, just be calm and do the right thing by seing those days you didn't win as not your lucky days and see those days you win as a lucky day, by so doing you don't gamble aggressively.

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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…

Well, I cannot say that this idea is wrong. It is a normal response to frustration that whenever a gambler ends up in loss, he would either gamble again to get his money back or just accept things and just play on a reset for the next day. However, what happens on the usual, as I am also guilty of it, you'd have the urge to rush against your loss because it will be an unwanted mood if you'd just sit doing nothing. Although it is not representative to every gambler; there are some who still has control over things and their emotions.

With algorithm and house edge, we cannot do anything about it to be honest 'coz we re just consumers or users of their platforms. We cannot force winning in the first place and the only thing we could rely on is our luck.The only way to check this rate is to try it for yourself and see if outcomes would be salty or not, and if yes you are free to move to other sites.

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

”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.

It's true to some sense, but it only stays at "want". Doing it? Nah, pass. It's pretty easy to recognize how it's just going to trap you in an endless loop of "wanting" to get back your losses lol.

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

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You lost simply because you lost, no need to overthink. If you think it's because of the algorithm ,by that same logic then all casinos would make you lose, so why bother gambling at all? Every algorithm for each game is designed to create a pseudo 50-50 chance scenario, simple as that. The sad thing is most people expect that if they lost once, twice, thrice, then the chances of winning the next one would increase. No, the algorithm doesn't take that into account in the first place lol.

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Quote from: Oshosondy on May 14, 2024, 06:41:10 AM

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…

Do not forget that casinos have house edge which is still the reason if they have higher customers, they will make more money because gamblers are losing while gambling than making money. This is what we all know and we do not consider it as manipulation. I only just gamble for fun because I can not trust any gambling site because everything they set is to make money for them from customers.

They are making business so it would really be just that normal that you would really be definitely be assuming that they will really be always that in advantage side on which they do have that HE on which we know that you would really be losing money in longer runs and this is their advantage and opposite into its players. This is why as a players perspective then it would really be always best that you should really be making yourself that be able to realize on things on which you should really be gonna needing to do. So that you wont really be finding yourself that becoming too impulsive when it comes to gambling because on the time that it wouldnt be able to hit up your expectations then you would really be that too desperate on trying to achieve it, then this is where mistakes would be keeping on piling up until you would be busting it all
on which this is something that should be avoided.

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

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.

You should not employ the same pattern on many bets to extend your bankroll or win. It's a luck-based game. Everything depends on luck. You have to try and dare your luck. The house edge will play out, and there's no enjoyment or thrill in the game if you're predictable, In a luckj based game its good to be unpredictable in your bets

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…

You should check the fairness. It's hard to play in casinos with doubts in your mind; you have to free yourself from anxiety. Trust is important in casinos. Trust that you are playing in a fair casino and that there will be no issues when winning and withdrawing a huge amount of money.

Franctoshi

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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.

BABY SHOES

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This is not a trap because it is indeed a gambling algorithm like this you will have a lot of losses than wins from we can know that the casino is the one who benefits but this will not make us nervous because we know the gambling game as we know it.

In essence, never assume that gambling can produce especially if you are chasing losses, it will get worse by losing your money, so what I do is play on the slot for fun after that there is nothing to think about anymore, “streak thankfully if not not a problem”.

I will not consider gambling too much let alone discuss algorithms, because for me gambling you will definitely experience losses as well as wins.

GideonGono

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For me it isn't a trap, but a stopper if I already loss the amount that I deposited then it is time to stop.
It all depends on how we would view it, if you would only chase what you loss then surely you would be chasing forever, since surely after you recover it you wouldn't stop since there is no profit at all so it would either be profit or more loss.

rachael9385

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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 loses can be a trap to any gambler that is chasing after his/her losses. On the process of Chasing your losses you might win half of the money you have lost but the interesting part is if you are not careful enough you can still lose them all again because you are chasing your losses. The. Housing might be chasing after your money then you will be very busy chasing after your losses because you don't know what is ahead of the game as the games haven't yet ended. Gamble can be fun when you are winning but immediately you starts chasing after your losses you will lose everything and you won't find it any more funny because you have lost.

Hatchy

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The casino will always have the upper hamd when it comes to gambling. Though it's a fair business and controlled by algorithms, the casinos will want to make a bit of changes to the game. New games offers different chances but not too far from the previous games available to play. They use similar algorithms to develop them. So winnings actually depends on how lucky you get when you play because the house will always win. They won't design the games in a way to cause them more loss than profit. So I think more gamblers loses more than winning when they play.

AmoreJaz

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Quote from: mu_enrico on May 14, 2024, 12:22:13 PM

The system is "tailored" to "trap" gamblers in various ways. Whether winning or losing, as long as they like the game, they'll continue playing. For example, I mostly lost at slots, so losing shouldn't be a big deal for me. However, recently I had a lucky month where I mostly withdrew with profits. Then I played again and lost, and since I craved big wins, I deposited again and again and burned most of my profits...

It's easy to preach "have some self-control" LoL.

When you are already in front of your computer, hard to stop playing especially if you are already on the losing side. This is why, it is always best to remind yourself on why you are starting your games in the first place. Do you have enough money to play with? Or do you have extra funds to access your gambling account? To what extent are you going to burn your funds in your betting games? What is really your goal for this day? These are just few queries to yourself so you are fully aware of why you are going thru this path. As no one will take care of your business, you should be the one looking out for your financial welfare.

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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…

Either we trust their algorithm or not, we will still have to gamble regardless of what, so why the unnecessary stress that we will have to go through and later at the end it does not make or implement any change, gambling is for fun, we should know this in the first place, we are not to be expected of making a continuous wining while gambling, if we already have this kind of mentality, all these check and balance stress will not be of much concern to us than for us to find a reliable gambling platform and place our bet, enjoy their service and gamble.

mu_enrico

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The system is "tailored" to "trap" gamblers in various ways. Whether winning or losing, as long as they like the game, they'll continue playing. For example, I mostly lost at slots, so losing shouldn't be a big deal for me. However, recently I had a lucky month where I mostly withdrew with profits. Then I played again and lost, and since I craved big wins, I deposited again and again and burned most of my profits...

It's easy to preach "have some self-control" LoL.

_act_

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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.

Gaza13

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Winning does not depend on your gambling experience, this is how the site owner plays his role, The dealer certainly doesn't beat them all straight away, the dealer sometimes gives them a win in one or two rounds of gambling as if they won with his skill. This is what makes them curious or dive deeper into the next stage, No matter how good a gambler is, he cannot read how the algorithm or system works, everything is controlled by the site owner, the gambler becomes a victim, hopes too much or relies on getting money. from the site. there, or catch up on previous losses.

Slow death

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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…

I make sports bets and I'm very happy just making sports bets, because in sports betting there is no fraud, the bookmaker posts the games with their respective odds, people choose the game they want to bet on and when they bet they wait for the result of the game, if the team they posted on wins, they win because they got the right bet. It is a fair and transparent scenario. That's why I like sports betting. Now when it comes to gambling games that depend on luck, then people should check that they are dealing with provably fair games before they start playing, when people buy that the game really is provably fair, then they can play. When you lose you shouldn't blame the casino or the game

because many times people purposely don't check if the game is demonstrably fair and when they lose a lot they start to blame the game for them having lost, this is because they don't want to accept the fact that it's normal to lose a lot, gambling wasn't designed for people keep profiting, even though they are provably fair games. but people refuse to realize this. They play a lot, play for many hours, lose everything, become addicted, all because of themselves, not the fault of the games or the casinos. a few days ago I saw a notice in a casino that I no longer remember the name of the casino, which told people to play responsibly

aioc

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

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…

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.

Topic: Did gambling losses are traps to new game - page 15. (Read 2061 times)