do you lose on slots? - page 29. | Bitcointalksearch.org

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Quote from: Jody.Drummer on June 26, 2023, 04:50:19 AM

Quote from: o48o on June 25, 2023, 09:45:03 AM

Quote from: cafter on April 12, 2023, 02:27:20 PM

4. avoid playing slots from Pragmatic and Gamomat as they tend to have low payout percentages and are not as likely to result in big wins.

What would you recommend? I have been playing games from pragmatic play with 98% RTP and won my biggest wins on them. I wouldn't chase those insanely big multipliers anyway as they are once in a lifetime changes.

IMO in this case I don't think it's about the existing RTP problem because indeed sometimes what we can't win someone else can do it.
We of course realize this just comes back to a matter of luck regardless of advice or not doing it at an RTP I don't think it will be very useful for everyone.
We have our own perspective for that and confidence for ourselves to play wherever we like and not to play with an RTP that we don't like but that won't affect other people because everyone has their own luck.

It would be better if we really returned to the context of fun at any RTP we play, of course it's good if we feel comfortable and happy to be there.

Your take on luck's part in shaping gambling results is captivating. It demonstrates a profound respect for fate's whims, integral to gambling
Still, this perspective could bypass a pragmatic truth: the large numbers principle. The RTP suggests long-term winning probabilities. Short-term results might flirt with fortune, but over time, they gravitate towards the RTP.

Bear in mind that the house always holds the upper hand, ensured by RTPs. While gambling should remain enjoyable, the stark realities mustn't be forgotten. Fortune may smile on the brave, but not on the uninformed

Jody.Drummer

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Quote from: o48o on June 25, 2023, 09:45:03 AM

Quote from: cafter on April 12, 2023, 02:27:20 PM

4. avoid playing slots from Pragmatic and Gamomat as they tend to have low payout percentages and are not as likely to result in big wins.

What would you recommend? I have been playing games from pragmatic play with 98% RTP and won my biggest wins on them. I wouldn't chase those insanely big multipliers anyway as they are once in a lifetime changes.

IMO in this case I don't think it's about the existing RTP problem because indeed sometimes what we can't win someone else can do it.
We of course realize this just comes back to a matter of luck regardless of advice or not doing it at an RTP I don't think it will be very useful for everyone.
We have our own perspective for that and confidence for ourselves to play wherever we like and not to play with an RTP that we don't like but that won't affect other people because everyone has their own luck.

It would be better if we really returned to the context of fun at any RTP we play, of course it's good if we feel comfortable and happy to be there.

Doan9269

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Quote from: elevates on June 22, 2023, 07:39:34 AM

I have not tried slots as it is more of a luck game than a skill one. I would never try it in the future too as I am not able to control the outcome of this game.

Some will prefer slot because they liked it that way to take the lick its made of, you can't show your skill i playing slot to make you win but rather your luck get you on the winning chance, we have individual preference when it comes to gambling because you will discover how some prefer one over the other.

Quote from: elevates on June 22, 2023, 07:39:34 AM

Thinking about not being able to control the outcome makes me more nervous. Rather than losing a good amount of money with slots I would prefer a lottery if it is all about chance.

Those that gamble on slot don't really place a huge amount of money on it because they know and understand the risk involved, but that of giving lottery an attempt is another thing that requires it's own luck as well even though money is not that involved unlike in gambling

Quote from: elevates on June 22, 2023, 07:39:34 AM

A lot of users of online casinos have now shifted to sports betting as it is easy to understand than poker. In the future, there might be a lot of casinos focusing on skill gambling.

I also think that many of the gamblers will prefer sport betting than many other types because it requires personal skills and experience to enjoy playing it unlike slots or plinko games in betting.

Betwrong

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Quote from: swogerino on June 19, 2023, 08:01:59 AM

Quote from: Betwrong on June 19, 2023, 04:56:43 AM

1. I see that I've lost more money than I could easily afford to lose. Just a bit more, and I stop.

2. If I win a good amount, more than 50x of my bet, I stop for the day, right away.

I agree with your first point as that can be very dangerous if people continue to go further south and the risk of addiction is exactly there.While for the second point I found it very difficult for me to just quit for 50x my bet but if your bet is big enough then I may agree with it too,personally when I play if I don't hit over x1500 my bet it is very difficult for me to stop,I do not play for x50 my bet as that is not substantial amount for me because I play with lower bets,usually the minimum one and with such bet I need at least x1500 multiplier in order to consider it a good day and a good win.

Then you are very lucky, my friend, @swogerino! 1,500x on slots is something I've never hit yet. My record on slots, I don't remember the exact number, it is above 1,000x and but below 1,100x for sure. And it was only once in my gambling career that I hit anything above 1,000x.

Quote from: elevates on June 22, 2023, 07:39:34 AM

I have not tried slots as it is more of a luck game than a skill one. I would never try it in the future too as I am not able to control the outcome of this game. Thinking about not being able to control the outcome makes me more nervous. Rather than losing a good amount of money with slots I would prefer a lottery if it is all about chance. A lot of users of online casinos have now shifted to sports betting as it is easy to understand than poker. In the future, there might be a lot of casinos focusing on skill gambling.

Slots are absolutely, 100%, luck based. It's important to understand that before playing slots.

As for your prediction about gambling community shifting to skill gambling, I disagree. There are many millions gamblers in the world and they have different preferences in different periods of time. There will always be a demand for purely luck-based games.

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Quote from: elevates on June 25, 2023, 09:25:54 AM

~snip~
I meant with a lottery you won't indulge in constant purchase. You get either one or a few opportunities to participate. With a slot you can continue unless you are out of you investment. Lottery does not give you that opportunity. You can only invest in it to a certain amount and that doesn't hurt my finances. For example, I won't be allowed to buy multiple tickets in a lottery unles they have other criteria. I still would not be able to buy all the numbers at once if they allow. That is what I meant.

It is kinda the same though, at the casino you buy the ticket when you get credits. Then when you're out you can buy more credits. You can do the same with lottery tickets, you just buy another one.

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Quote from: bitzizzix on June 22, 2023, 11:08:38 AM

Quote from: doomloop on June 22, 2023, 10:26:15 AM

Quote from: Lucasgabd on June 20, 2023, 04:33:41 PM

Quote from: Crypt0Gore on June 19, 2023, 02:17:11 AM

Slots machines are the craziest of them all, there is nothing left to rely on but your luck, I kinda enjoy games like this, because I don't use money I can't afford to lose, and if you are lucky you will be surprised how rewarding your luck could get.

You can make rolls with less than 20$ on many slots games online and I don't understand how many people use a lot of money playing slots, and they ruined their day, I kinda look at slots like it's way easier to control, because you can set your number of rolls per day and the amount you plan to use per day.

Since all casino games are wired to be manipulative and unpredictable, there is no point looking for a strategy, just play in a way that you won't get hurt in the end because there is a big chance you won't make money.

depends on the game, there are some strategy games like poker
one can also use strategy for bankroll management and emotional awareness when gambling
but you're right, sometimes it's better to simply chill and enjoy it.

Using a set method for betting is probably good but using a certain strategy for gambling is not a good idea because we know that strategies don't work in gambling and you lose even more when you are trying a strategy in gambling especially something like martingale when you are doubling the base bet for every loss, that is a proven way of losing all your bankroll.

Poker is also a game that is played by experienced players, your chances of winning in poker will be minimal if you don't have any experience in the game, so I wouldn't recommend spending a lot of money on Poker unless someone has experience.

There is no way or strategy that can be relied upon when playing gambling and it will only generate curiosity that will keep trying it which will result in many defeats. And maybe in the long run, after so many losses, you'll only win a few games and the losses will just keep on coming.
let alone slot games, slots are games that very easily spend a lot of money and run out. And gamble anything if it's not excessive, play in the right conditions and at the right time, play relaxed and enjoy the game sometimes playing like that can control the game and can take advantage of luck or victory by stopping playing in a winning state. And this is the correct way to play for fun and act quickly to stop when you are in a lucky or winning position, not to play to chase losses and overplay. And even though you are in a winning state and keep playing hoping to win again because of ego and lust, in the end you will lose everything.

Your insights on gambling unveil a sobering truth often hidden behind the casino's dazzle. Gambling, in essence, is a game of luck; no strategy can promise a jackpot. Your stance on slots and the likelihood of major losses spotlight a larger concern - habitual gambling. Its a societal malady, plaguing countless people and families. Stopping when on a winning spree seems straightforward, but many yield to the "hot hand" fallacy, wagering their winning streak is eternal. This is the danger zone. It's beyond monetary loss; its about the looming shadow of addiction. Hence, as we suggest "responsible" gambling tactics, we must boldly address and engage in discourse around gambling's potential perils and societal consequences.

o48o

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Quote from: cafter on April 12, 2023, 02:27:20 PM

-cut-
2. if a slot machine does not hit in 7-10 spins, consider trying a different machine. this can help you avoid getting stuck on a losing streak and losing more money.
3. if you have been playing a slot machine for 50 spins and have not gotten any free spins or big wins, consider switching to a different machine.

All good points, but i am seeing a flaw in these advices. How does changing the slot machine change your luck. This seems like magical thinking and justifying your gambler's fallacy where you need to play more in order to make back your money.

I understand if the reason would be not having fun on that slot machine, but changing a machine for avoiding a losing streak seems like a stretch to me. Sometimes you just aren't lucky and changing a machine doesn't have an effect to your luck. I would just take a break and have a walk and do something fun, until gambling starts being fun again.

Also:

Quote from: cafter on April 12, 2023, 02:27:20 PM

4. avoid playing slots from Pragmatic and Gamomat as they tend to have low payout percentages and are not as likely to result in big wins.

What would you recommend? I have been playing games from pragmatic play with 98% RTP and won my biggest wins on them. I wouldn't chase those insanely big multipliers anyway as they are once in a lifetime changes.

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Quote from: panjul07 on June 25, 2023, 09:20:02 AM

You must be kidding to choose lottery than slots if the main idea is about chance.
Both are pure luck based game but the chance to win is better in slot than in lottery, I have no idea why do you prefer lottery than slots tbh.

I meant with a lottery you won't indulge in constant purchase. You get either one or a few opportunities to participate. With a slot you can continue unless you are out of you investment. Lottery does not give you that opportunity. You can only invest in it to a certain amount and that doesn't hurt my finances. For example, I won't be allowed to buy multiple tickets in a lottery unles they have other criteria. I still would not be able to buy all the numbers at once if they allow. That is what I meant.

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Quote from: elevates on June 22, 2023, 07:39:34 AM

I have not tried slots as it is more of a luck game than a skill one. I would never try it in the future too as I am not able to control the outcome of this game. Thinking about not being able to control the outcome makes me more nervous. Rather than losing a good amount of money with slots I would prefer a lottery if it is all about chance. A lot of users of online casinos have now shifted to sports betting as it is easy to understand than poker. In the future, there might be a lot of casinos focusing on skill gambling.

You must be kidding to choose lottery than slots if the main idea is about chance.
Both are pure luck based game but the chance to win is better in slot than in lottery, I have no idea why do you prefer lottery than slots tbh.
Coming up to "control the outcome of the game", you cant do it in any gambling games including sports betting and poker.
If you can control the outcome of the game, you are not a player but maybe you are a hacker.

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Quote from: klidex on June 24, 2023, 03:14:18 PM

Quote from: CarnagexD on June 24, 2023, 07:13:24 AM

Yes, a budget helps to set like a stop loss for daily exposure in the game. So in the long run, it won't turn into an addiction because following your budget with your maximum loss or win for the game will exercise your discipline to follow your gambling budget plan.

Planning a budget for gambling, it's a good idea.
Because with a small budget and of course betting consistently, always holding the commitments that have been planned, of course gamblers will avoid addiction or bigger losses.
This control is one way to get gamblers used to gambling responsibly.

It can be said that gambling is a basic thing that every gambler must know if they really want to gamble and have no regrets in the end.
Because by planning capital from the start apart from us knowing how much we are spending on the other hand this also indirectly limits ourselves so that we don't get carried away with gambling when we lose because in some cases when our balance in the gambling account runs out if it's not accompanied by awareness then emotions will take a position and make us want to deposit again in the hope of returning from previous defeats and this will actually make us even more disturbed and make the wrong decisions so that with planning from the start and self-control that is done, at least we can minimize it.

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Quote from: klidex on June 24, 2023, 03:14:18 PM

Quote from: CarnagexD on June 24, 2023, 07:13:24 AM

Yes, a budget helps to set like a stop loss for daily exposure in the game. So in the long run, it won't turn into an addiction because following your budget with your maximum loss or win for the game will exercise your discipline to follow your gambling budget plan.

Planning a budget for gambling, it's a good idea.
Because with a small budget and of course betting consistently, always holding the commitments that have been planned, of course gamblers will avoid addiction or bigger losses.
This control is one way to get gamblers used to gambling responsibly.

Almost all gamblers know this before playing and this has been advised a lot of times here and I strongly agree with this advice.The problem is that it is the rage at the moment when you are losing in slot machines how do you handle such a moment,you have a lot of self control and no matter that you lost the predetermined budget in a short time you quit and call it a day or the rage of the moment gets the best out of you and you continue pouring money increasing your losses and also increasing your chances of addiction by doing so.Unfortunately there are much more gamblers who are controlled by the rage of the moment than the self control.

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Quote from: CarnagexD on June 24, 2023, 07:13:24 AM

Yes, a budget helps to set like a stop loss for daily exposure in the game. So in the long run, it won't turn into an addiction because following your budget with your maximum loss or win for the game will exercise your discipline to follow your gambling budget plan.

Planning a budget for gambling, it's a good idea.
Because with a small budget and of course betting consistently, always holding the commitments that have been planned, of course gamblers will avoid addiction or bigger losses.
This control is one way to get gamblers used to gambling responsibly.

CarnagexD

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Quote from: elevates on June 22, 2023, 07:39:34 AM

I have not tried slots as it is more of a luck game than a skill one. I would never try it in the future too as I am not able to control the outcome of this game. Thinking about not being able to control the outcome makes me more nervous. Rather than losing a good amount of money with slots I would prefer a lottery if it is all about chance. A lot of users of online casinos have now shifted to sports betting as it is easy to understand than poker. In the future, there might be a lot of casinos focusing on skill gambling.

Yes, and it is a game of intuition and probabilities. If you want to last long in this game you must have 2 things. First is a big capital and second is the proper money and risk management. It's tricky but very easy which is also why some and most gamblers went catch to this game. Slots sometimes would make you feel that the casino is tricking or cheating against you but it is not. That is why playing this game requires patience, big capital, and being the person who lasts long in the game.

Quote from: Lucasgabd on June 23, 2023, 10:52:03 AM

Quote from: Mr. Magkaisa on June 22, 2023, 05:04:26 AM

- I agree with what you said that we should only have a budget for slot games so that we can limit ourselves gambling in any casinos online, and in this matter we can also apply control to ourselves. playing slot games.

So these are good reminders that you made it OP for all the players who gamble in this crypto gambling. And this is really what all players should be doing although there are some who don't really do it in reality.

I'd say that a limited budget or a time constraint (I'll play for 20 minutes and then stop) is probably the best way to go

have you heard that resisting urges strenghten the moral character?
many philosophers in history talked about it

Yes, a budget helps to set like a stop loss for daily exposure in the game. So in the long run, it won't turn into an addiction because following your budget with your maximum loss or win for the game will exercise your discipline to follow your gambling budget plan.

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Quote from: $crypto$ on June 23, 2023, 12:44:45 PM

Quote from: Lucasgabd on June 23, 2023, 10:52:03 AM

Quote from: Mr. Magkaisa on June 22, 2023, 05:04:26 AM

- I agree with what you said that we should only have a budget for slot games so that we can limit ourselves gambling in any casinos online, and in this matter we can also apply control to ourselves. playing slot games.

So these are good reminders that you made it OP for all the players who gamble in this crypto gambling. And this is really what all players should be doing although there are some who don't really do it in reality.

I'd say that a limited budget or a time constraint (I'll play for 20 minutes and then stop) is probably the best way to go

have you heard that resisting urges strenghten the moral character?
many philosophers in history talked about it

I think that some of us have certainly crossed the line including the capital that was spent excessively while playing for a long time in front of the computer and that is what cannot get used to because no one controls it, now everything has become experience so there we have to be able discipline with the bankroll that is owned and of course the desired game time so this will not lead to big losses.

Sometimes the moral character is still very difficult to receive good support, but if that behavior is not changed then we will always be in the wrong in the sense that spending profits on gambling will remain out of control.

Behavior that cannot be controlled will indeed have a bad impact. spending all the money as well as profits, and in the end will get nothing. Lack of self-control and financial management will be very detrimental. There will be no victory in the end, all will be lost. Gambling is more dangerous than anything when you have no control. want to get high wins at gambling, but in the end lose it all.

klidex

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Quote from: elevates on June 22, 2023, 07:39:34 AM

I have not tried slots as it is more of a luck game than a skill one. I would never try it in the future too as I am not able to control the outcome of this game. Thinking about not being able to control the outcome makes me more nervous. Rather than losing a good amount of money with slots I would prefer a lottery if it is all about chance. A lot of users of online casinos have now shifted to sports betting as it is easy to understand than poker. In the future, there might be a lot of casinos focusing on skill gambling.

I'm not sure if you really will choose the lottery compared to slot games.
Are you sure the chances given by the lottery are much better than slots?
Yes I know if lucky we will get a bigger multiplier in the lottery but in the long term it will be very big loss in the lottery as opposed to slots in the long term it still gives a little return with RTP.

$crypto$

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Quote from: Lucasgabd on June 23, 2023, 10:52:03 AM

Quote from: Mr. Magkaisa on June 22, 2023, 05:04:26 AM

- I agree with what you said that we should only have a budget for slot games so that we can limit ourselves gambling in any casinos online, and in this matter we can also apply control to ourselves. playing slot games.

So these are good reminders that you made it OP for all the players who gamble in this crypto gambling. And this is really what all players should be doing although there are some who don't really do it in reality.

I'd say that a limited budget or a time constraint (I'll play for 20 minutes and then stop) is probably the best way to go

have you heard that resisting urges strenghten the moral character?
many philosophers in history talked about it

I think that some of us have certainly crossed the line including the capital that was spent excessively while playing for a long time in front of the computer and that is what cannot get used to because no one controls it, now everything has become experience so there we have to be able discipline with the bankroll that is owned and of course the desired game time so this will not lead to big losses.

Sometimes the moral character is still very difficult to receive good support, but if that behavior is not changed then we will always be in the wrong in the sense that spending profits on gambling will remain out of control.

Lucasgabd

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Quote from: Mr. Magkaisa on June 22, 2023, 05:04:26 AM

- I agree with what you said that we should only have a budget for slot games so that we can limit ourselves gambling in any casinos online, and in this matter we can also apply control to ourselves. playing slot games.

So these are good reminders that you made it OP for all the players who gamble in this crypto gambling. And this is really what all players should be doing although there are some who don't really do it in reality.

I'd say that a limited budget or a time constraint (I'll play for 20 minutes and then stop) is probably the best way to go

have you heard that resisting urges strenghten the moral character?
many philosophers in history talked about it

bitzizzix

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Quote from: doomloop on June 22, 2023, 10:26:15 AM

Quote from: Lucasgabd on June 20, 2023, 04:33:41 PM

Quote from: Crypt0Gore on June 19, 2023, 02:17:11 AM

Slots machines are the craziest of them all, there is nothing left to rely on but your luck, I kinda enjoy games like this, because I don't use money I can't afford to lose, and if you are lucky you will be surprised how rewarding your luck could get.

You can make rolls with less than 20$ on many slots games online and I don't understand how many people use a lot of money playing slots, and they ruined their day, I kinda look at slots like it's way easier to control, because you can set your number of rolls per day and the amount you plan to use per day.

Since all casino games are wired to be manipulative and unpredictable, there is no point looking for a strategy, just play in a way that you won't get hurt in the end because there is a big chance you won't make money.

depends on the game, there are some strategy games like poker
one can also use strategy for bankroll management and emotional awareness when gambling
but you're right, sometimes it's better to simply chill and enjoy it.

Using a set method for betting is probably good but using a certain strategy for gambling is not a good idea because we know that strategies don't work in gambling and you lose even more when you are trying a strategy in gambling especially something like martingale when you are doubling the base bet for every loss, that is a proven way of losing all your bankroll.

Poker is also a game that is played by experienced players, your chances of winning in poker will be minimal if you don't have any experience in the game, so I wouldn't recommend spending a lot of money on Poker unless someone has experience.

There is no way or strategy that can be relied upon when playing gambling and it will only generate curiosity that will keep trying it which will result in many defeats. And maybe in the long run, after so many losses, you'll only win a few games and the losses will just keep on coming.
let alone slot games, slots are games that very easily spend a lot of money and run out. And gamble anything if it's not excessive, play in the right conditions and at the right time, play relaxed and enjoy the game sometimes playing like that can control the game and can take advantage of luck or victory by stopping playing in a winning state. And this is the correct way to play for fun and act quickly to stop when you are in a lucky or winning position, not to play to chase losses and overplay. And even though you are in a winning state and keep playing hoping to win again because of ego and lust, in the end you will lose everything.

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Quote from: Lucasgabd on June 20, 2023, 04:33:41 PM

Quote from: Crypt0Gore on June 19, 2023, 02:17:11 AM

Slots machines are the craziest of them all, there is nothing left to rely on but your luck, I kinda enjoy games like this, because I don't use money I can't afford to lose, and if you are lucky you will be surprised how rewarding your luck could get.

You can make rolls with less than 20$ on many slots games online and I don't understand how many people use a lot of money playing slots, and they ruined their day, I kinda look at slots like it's way easier to control, because you can set your number of rolls per day and the amount you plan to use per day.

Since all casino games are wired to be manipulative and unpredictable, there is no point looking for a strategy, just play in a way that you won't get hurt in the end because there is a big chance you won't make money.

depends on the game, there are some strategy games like poker
one can also use strategy for bankroll management and emotional awareness when gambling
but you're right, sometimes it's better to simply chill and enjoy it.

Using a set method for betting is probably good but using a certain strategy for gambling is not a good idea because we know that strategies don't work in gambling and you lose even more when you are trying a strategy in gambling especially something like martingale when you are doubling the base bet for every loss, that is a proven way of losing all your bankroll.

Poker is also a game that is played by experienced players, your chances of winning in poker will be minimal if you don't have any experience in the game, so I wouldn't recommend spending a lot of money on Poker unless someone has experience.

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Quote from: slapper on June 22, 2023, 04:35:50 AM

The reference to "cheap dopamine" effectively encapsulates the process through which gambling stimulates the reward system of the brain, giving rise to a sense of euphoria that the person may subsequently seek to replicate

However, the depiction of gambling as a habit that once developed cannot be easily discarded may inadvertently foster a sense of fatalism. Addiction, while indeed a severe and pervasive condition, is treatable. Interventions such as cognitive-behavioral therapy, for instance, have been shown to be effective in alleviating gambling addiction.

As for the remarks about slot games, the illusion of control – in this case, the belief that a win is imminent after successive losses – is a well-established cognitive distortion among gamblers. While one may indeed win occasionally, in the long run, the house always has the edge. Thus, the assertion that "only luck can help us to win" paints an overly simplistic picture and neglects the inherent bias against the player in gambling games

What you say is right because it is the strong influence of gambling and the temptation that gambling gives for big wins that make gamblers come back time and time again to try to get that big win. Gamblers do not realize that it is a mistake to continue playing gambling even after they have experienced defeat. That will make them addicted to gambling and it is difficult to cure it because once the stimulus gets bigger, gamblers will forget about stopping.

But it's true that "only luck can help us to win" in playing slots because slot games are based on luck, so we have to have the luck to win. But that luck will not come to us or luck can come to us but we cannot get it many times.

Topic: do you lose on slots? - page 29. (Read 6874 times)