do you lose on slots? - page 27. | Bitcointalksearch.org

lienfaye

hero member

Activity: 3024

Merit: 629

Quote from: klidex on July 08, 2023, 03:25:26 PM

Quote from: maydna on July 08, 2023, 11:04:54 AM

Quote from: Mr. Magkaisa on July 08, 2023, 04:12:28 AM

- Majority who enter casino gambling actually lose but only a few win, even that is lucky. Because winning in gambling I can't say it's a skill because how did playing slot games become a skill for example? I don't see any skills in slot games to be honest.

But I still play slot games even though I know that I often lose. Because I'm trying to win slot games, there's no hassle, you just have to wait for the result of the game provider.

Playing slots and getting wins from slot games requires luck because slot games are luck-based gambling games. So no matter how hard you try, if you don't have luck, it will be difficult for you to win, and you waste your money to have fun because you are trying to chase that win. But it's a different matter if you want to have fun playing slots because you only bet what you can afford, and when you have had enough, you will stop immediately because you know you can probably lose more money. Even though the chance to win will still be there, it is not recommended to continue playing slots because we don't know when to get lucky and win.

All types of games that depend on luck will be better if you gamble responsibly with funds that are ready to lose.
The slot game in particular is a game that depends on luck and is perfect if just for fun because the attractive graphics and sound can cheer up when the curiosity of getting a win is always in the mind.
Even so, you must always control and think of this game as just a place for temporary fun and if you get a little win, consider it a bonus.

Exactly. If slot is the game of your choice, don't expect to win because it's depending on luck (as others have said already). Expecting too much or not being prepared to lose your money (while playing this game) are some of the reasons why gamblers are triggered to chase back their losses for wanting to gain.

Thus, if you want to maximize your chance to win, better choose a game which skills and knowledge can contribute to somehow win. Poker and sports betting are one of those.

nullama

hero member

Activity: 1008

Merit: 960

Quote from: klidex on July 08, 2023, 03:25:26 PM

~snip~

All types of games that depend on luck will be better if you gamble responsibly with funds that are ready to lose.
The slot game in particular is a game that depends on luck and is perfect if just for fun because the attractive graphics and sound can cheer up when the curiosity of getting a win is always in the mind.
Even so, you must always control and think of this game as just a place for temporary fun and if you get a little win, consider it a bonus.

Yeah, I think gamblers need to consider that they are going to lose some money while playing, and simply think of it as the price for the entertainment.

Over the long term there's basically no chances to win against the casino, even though the machines try to make you think otherwise.

klidex

hero member

Activity: 1498

Merit: 504

Quote from: maydna on July 08, 2023, 11:04:54 AM

Quote from: Mr. Magkaisa on July 08, 2023, 04:12:28 AM

- Majority who enter casino gambling actually lose but only a few win, even that is lucky. Because winning in gambling I can't say it's a skill because how did playing slot games become a skill for example? I don't see any skills in slot games to be honest.

But I still play slot games even though I know that I often lose. Because I'm trying to win slot games, there's no hassle, you just have to wait for the result of the game provider.

Playing slots and getting wins from slot games requires luck because slot games are luck-based gambling games. So no matter how hard you try, if you don't have luck, it will be difficult for you to win, and you waste your money to have fun because you are trying to chase that win. But it's a different matter if you want to have fun playing slots because you only bet what you can afford, and when you have had enough, you will stop immediately because you know you can probably lose more money. Even though the chance to win will still be there, it is not recommended to continue playing slots because we don't know when to get lucky and win.

All types of games that depend on luck will be better if you gamble responsibly with funds that are ready to lose.
The slot game in particular is a game that depends on luck and is perfect if just for fun because the attractive graphics and sound can cheer up when the curiosity of getting a win is always in the mind.
Even so, you must always control and think of this game as just a place for temporary fun and if you get a little win, consider it a bonus.

maydna

hero member

Activity: 2912

Merit: 556

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: Mr. Magkaisa on July 08, 2023, 04:12:28 AM

- Majority who enter casino gambling actually lose but only a few win, even that is lucky. Because winning in gambling I can't say it's a skill because how did playing slot games become a skill for example? I don't see any skills in slot games to be honest.

But I still play slot games even though I know that I often lose. Because I'm trying to win slot games, there's no hassle, you just have to wait for the result of the game provider.

Playing slots and getting wins from slot games requires luck because slot games are luck-based gambling games. So no matter how hard you try, if you don't have luck, it will be difficult for you to win, and you waste your money to have fun because you are trying to chase that win. But it's a different matter if you want to have fun playing slots because you only bet what you can afford, and when you have had enough, you will stop immediately because you know you can probably lose more money. Even though the chance to win will still be there, it is not recommended to continue playing slots because we don't know when to get lucky and win.

Mr. Magkaisa

sr. member

Activity: 952

Merit: 303

Quote from: nullama on July 05, 2023, 01:24:23 AM

Quote from: Lucasgabd on July 04, 2023, 07:51:03 AM

~snip~
what are the odds of winning in slots? 0.5%? maybe less
probably really small, you'll have to roll lots of times or be really lucky to make bank playing it

have you ever won any slot game?

The expected return on any gambling game is negative.

This means that for every $1 spent, you will receive less than $1. In the long term you will have $0.

Slots are designed to give you the feeling like you have won big when in reality you just got say 50c out of a $1 purchase.

- Majority who enter casino gambling actually lose but only a few win, even that is lucky. Because winning in gambling I can't say it's a skill because how did playing slot games become a skill for example? I don't see any skills in slot games to be honest.

But I still play slot games even though I know that I often lose. Because I'm trying to win slot games, there's no hassle, you just have to wait for the result of the game provider.

swogerino

legendary

Activity: 3318

Merit: 1247

Bitcoin Casino Est. 2013

Quote from: nullama on July 08, 2023, 02:57:37 AM

Quote from: Lucasgabd on July 06, 2023, 09:05:55 AM

~snip~
yes
it's a good idea to watch out for total amount being used for gambling over time as well
sometimes people start slow and raise their gambling amount over time or in moments where they're not centered (under strong emotions)

And the thing that people often forget is the opportunity cost.

They simply say Oh, I lost $10,000, or whatever, but they forget that they could have invested that in another thing and get lots of returns, plus also the time they spent at the casino could have been used to do other things that are more beneficial to you.

I need to copy and paste this advice and print it on a A3 paper and to have it with bold in front of my eyes every time I go and gamble.The reason I go and try to win that huge win is because I am so excited that I will play gambling that I completely forget everything surrounding me and the opportunities if I had behave differently,anyway I lost enough money last week so I will be investing every spare money that I would have for gambling,one thing I always wanted to do in big scale and I only made it in lower one was to buy tons of ZIL crypto and stake them to get nice rewards out of staking,sounds like this is the start where I will go and keep doing.

nullama

hero member

Activity: 1008

Merit: 960

Quote from: Lucasgabd on July 06, 2023, 09:05:55 AM

~snip~
yes
it's a good idea to watch out for total amount being used for gambling over time as well
sometimes people start slow and raise their gambling amount over time or in moments where they're not centered (under strong emotions)

And the thing that people often forget is the opportunity cost.

They simply say Oh, I lost $10,000, or whatever, but they forget that they could have invested that in another thing and get lots of returns, plus also the time they spent at the casino could have been used to do other things that are more beneficial to you.

Lucasgabd

legendary

Activity: 2506

Merit: 1113

There's no need to be upset

Quote from: ethereumhunter on July 05, 2023, 11:11:47 AM

Quote from: Lucasgabd on July 05, 2023, 09:33:09 AM

on all the other ones: better to never bet more than you can afford to lose.

That is the best advice for people who have not started their gambling story yet because they can avoid losing and not spend much money like others. That way, they won't feel what it's like to lose, especially in large numbers. In gambling, we will experience defeat, whatever the gambling game is, whether it is based on luck or ability, because gambling is entertainment that will give us victory or defeat. And if we are lucky, we will win and vice versa.

yes
it's a good idea to watch out for total amount being used for gambling over time as well
sometimes people start slow and raise their gambling amount over time or in moments where they're not centered (under strong emotions)

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: Lucasgabd on July 05, 2023, 09:33:09 AM

on all the other ones: better to never bet more than you can afford to lose.

That is the best advice for people who have not started their gambling story yet because they can avoid losing and not spend much money like others. That way, they won't feel what it's like to lose, especially in large numbers. In gambling, we will experience defeat, whatever the gambling game is, whether it is based on luck or ability, because gambling is entertainment that will give us victory or defeat. And if we are lucky, we will win and vice versa.

Lucasgabd

legendary

Activity: 2506

Merit: 1113

There's no need to be upset

Quote from: nullama on July 05, 2023, 01:24:23 AM

Quote from: Lucasgabd on July 04, 2023, 07:51:03 AM

~snip~
what are the odds of winning in slots? 0.5%? maybe less
probably really small, you'll have to roll lots of times or be really lucky to make bank playing it

have you ever won any slot game?

The expected return on any gambling game is negative.

This means that for every $1 spent, you will receive less than $1. In the long term you will have $0.

Slots are designed to give you the feeling like you have won big when in reality you just got say 50c out of a $1 purchase.

I agree
the only case where you could have an edge is in games with a skill component like poker
I wouldn't even say poker is gambling, by the way
for me it falls in the bucket of skill games with cards.
on all the other ones: better to never bet more than you can afford to lose.

Yaunfitda

hero member

Activity: 2870

Merit: 594

Quote from: nullama on July 05, 2023, 01:24:23 AM

Quote from: Lucasgabd on July 04, 2023, 07:51:03 AM

~snip~
what are the odds of winning in slots? 0.5%? maybe less
probably really small, you'll have to roll lots of times or be really lucky to make bank playing it

have you ever won any slot game?

The expected return on any gambling game is negative.

This means that for every $1 spent, you will receive less than $1. In the long term you will have $0.

Slots are designed to give you the feeling like you have won big when in reality you just got say 50c out of a $1 purchase.

Yeah, just played slot last time, in the beginning I was on the winning side and doubling my money and I thought that I can extend my winnings.

But slots is one of the worst, and immediately after that win and almost 3x my money, successive loses. Good thing is that I was able to control myself and withdraw and change games when I was still have that money from early winnings.

So lessons is that the longer you play the more money you gonna lose. So better be take everything and control while you can.

nullama

hero member

Activity: 1008

Merit: 960

Quote from: Lucasgabd on July 04, 2023, 07:51:03 AM

~snip~
what are the odds of winning in slots? 0.5%? maybe less
probably really small, you'll have to roll lots of times or be really lucky to make bank playing it

have you ever won any slot game?

The expected return on any gambling game is negative.

This means that for every $1 spent, you will receive less than $1. In the long term you will have $0.

Slots are designed to give you the feeling like you have won big when in reality you just got say 50c out of a $1 purchase.

Lucasgabd

legendary

Activity: 2506

Merit: 1113

There's no need to be upset

Quote from: 3meek on June 30, 2023, 10:57:34 AM

Quote from: maydna on June 30, 2023, 10:49:03 AM

Quote from: Shinpako09 on June 29, 2023, 04:41:44 PM

I always failed when I tried, which is why I prefer dice over slots. I followed this guy called "That's Profit" on TikTok, and most of his uploads are a loss. Even when Eddie is playing on Saturday. The majority of his plays are likewise negative. The only good thing about slots is that it is entertaining to watch while others play. I tried Pragmatic slots a few months ago since I saw someone mention their slots are good, and the outcomes were the same, negative.

If you experience a loss at one provider, you can try another provider because our luck will come to another provider. I often switch slot game providers, especially if I have lost from one provider, even though I have tried other games on the same provider. We also don't need to stick around and play slots at only one provider because each casino has many providers, and we are free to choose. Apart from that, by playing at various providers, we can find other interesting gambling games so that this can be even more fun. But be careful. This can get you addicted because you want to try slot games one by one from various providers.

I don't think slots are supposed to be about winning... I tried playing slots once, but I ended up losing more than winning... I guess it's just entertainment for those who want to spend some money... Most likely it doesn't depend on the provider, because the casino will always be with the profits and not you... It's rare that someone has managed to win a good amount at slots...

what are the odds of winning in slots? 0.5%? maybe less
probably really small, you'll have to roll lots of times or be really lucky to make bank playing it

have you ever won any slot game?

tusandii

hero member

Activity: 1708

Merit: 522

Leading Crypto Sports Betting & Casino Platform

Quote from: AicecreaME on July 04, 2023, 06:49:57 AM

Definitely. Your goals to achieve for the long term will have the most impact in your life. It's much better to prioritize the long term goals that will make a huge and good difference in your life since it could shape your lifetime. People often forget practicing delayed gratification because most want to have an instant reward they could enjoy right away, without actually thinking of the future ahead of them. It's good to have different hobbies apart from gambling that could hone your skills and talent which can also be your source of income or sideline. Having healthy habits and hobby that could keep you occupied and earn at the same time is a great thing especially nowadays that people are often fixated over vices that have consequences.

But having the goal of profit in the long term from gambling results is also not a good thing because no one can guarantee victory in gambling, it is possible that in the long term you will get sustainable losses making it impossible to have a better life.
If you say that gambling is actually a hobby, it is not a hobby because there we risk money, which sometimes regrets when we lose money, while hobbies are profitable activities and can provide pretty good benefits at one time.

All gambling games require luck to win, so it's better if we just have fun there without having other goals that are too ambitious.

AicecreaME

sr. member

Activity: 2436

Merit: 455

Quote from: nullama on July 03, 2023, 06:31:27 PM

Quote from: Lucasgabd on June 30, 2023, 09:04:57 AM

~snip~
that's true
sometimes it's better to simply stop after some wins and taking a break, chilling, doing other things

you know one thing that help me a lot to take a break from the dopamine sinks (like social media and videogames)?
exercising
helps me to stay more focused

Long term gains are usually better than short term gains.

The whole world is addicted to short term gains. People have no attention span these days. Five seconds and they're gone.

Reading a book, going for long walks, meditating, thinking long and hard about something. Those things give you a much better reward than scrolling some pixels.

Definitely. Your goals to achieve for the long term will have the most impact in your life. It's much better to prioritize the long term goals that will make a huge and good difference in your life since it could shape your lifetime. People often forget practicing delayed gratification because most want to have an instant reward they could enjoy right away, without actually thinking of the future ahead of them. It's good to have different hobbies apart from gambling that could hone your skills and talent which can also be your source of income or sideline. Having healthy habits and hobby that could keep you occupied and earn at the same time is a great thing especially nowadays that people are often fixated over vices that have consequences.

nullama

hero member

Activity: 1008

Merit: 960

Quote from: Lucasgabd on June 30, 2023, 09:04:57 AM

~snip~
that's true
sometimes it's better to simply stop after some wins and taking a break, chilling, doing other things

you know one thing that help me a lot to take a break from the dopamine sinks (like social media and videogames)?
exercising
helps me to stay more focused

Long term gains are usually better than short term gains.

The whole world is addicted to short term gains. People have no attention span these days. Five seconds and they're gone.

Reading a book, going for long walks, meditating, thinking long and hard about something. Those things give you a much better reward than scrolling some pixels.

Bitinity

legendary

Activity: 3066

Merit: 1312

Quote from: Betwrong on July 03, 2023, 05:01:40 AM

Getting negative results most of the time is absolutely normal thing for slots. We play not because we expect winning with every spin, but because we hope to hit a high multiplier. This is how it is with high volatility slots.

That is exactly the art of playing slot, every single spin has the chance to win various multipliers starting from zero Grin

till the max multiplier in the game. Unlike other games where the possible outcome is fixed as we can set ourselves such as dice, roulette, crash, limbo, etc. This is also my main reason why I do love slot than other games. Although there are some other games where there are some possible outcomes in single bet such as plinko and keno, but I still think that slot is better because it has more possible outcomes and bigger possible multipliers.

Doan9269

hero member

Activity: 812

Merit: 560

How have we shown ourselves approved in playing slots, do we really know the best way to play slot and what is inherently involved as required for playing slots, knowing that slot is more of a game that constitute luck and not by how skillful we happen to present ourselves wgile playing, we can ve winning when others are loosing and also looses when we less expect the results, it's just a randomized game that has luck factor as the main determinant for your winnings, but it has always happened that not all gamblers wins at all times they are trying to play slot.

Betwrong

legendary

Activity: 3500

Merit: 2246

🌀 Cosmic Casino

Quote from: Shinpako09 on June 29, 2023, 04:41:44 PM

I always failed when I tried, which is why I prefer dice over slots. I followed this guy called "That's Profit" on TikTok, and most of his uploads are a loss. Even when Eddie is playing on Saturday. The majority of his plays are likewise negative. The only good thing about slots is that it is entertaining to watch while others play. I tried Pragmatic slots a few months ago since I saw someone mention their slots are good, and the outcomes were the same, negative.

Getting negative results most of the time is absolutely normal thing for slots. We play not because we expect winning with every spin, but because we hope to hit a high multiplier. This is how it is with high volatility slots.

If you want to win more frequently, try playing slots by NetEnt. Theoretically your wins should be lower, but in practice, from m experience, they are not that low pretty often.

maydna

hero member

Activity: 2912

Merit: 556

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: 3meek on June 30, 2023, 10:57:34 AM

Quote from: maydna on June 30, 2023, 10:49:03 AM

~snip~

I don't think slots are supposed to be about winning... I tried playing slots once, but I ended up losing more than winning... I guess it's just entertainment for those who want to spend some money... Most likely it doesn't depend on the provider, because the casino will always be with the profits and not you... It's rare that someone has managed to win a good amount at slots...

People will think otherwise and that playing slots is for winning. But people have lost a lot of money they probably couldn't imagine. Many people have experienced losing money on slots, but that doesn't stop them from depositing more money. Besides that, they found that they could play many slot games, so that was why they continued playing slots. And the casino always welcomes those who return and continues to offer a variety of new games in the casino. Again, gamblers are tempted to try the new slot games one by one.

Topic: do you lose on slots? - page 27. (Read 6874 times)