do you lose on slots? - page 49. | Bitcointalksearch.org

khaled0111

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Quote from: Coin_trader on April 14, 2023, 10:37:49 AM

Actually this is same scenario with live games because there is no way to verify the result of the game unlike house game and sportsbook that result is available to verify DIY.

It's all about trust on the game provider and the license provider that gave them permission to operate legally.

There are many provably for slot games out there where you can verify the fairness of the results by yourself in a trustless way. One of the providers which offers pf slot games is bgaming.
There are also highly reputed auditing companies which test games to confirm their RNG system works as intended and do generate truly random numbers. They also verify that the game rtp is accurate. Yet, unlike pf algorithms, in this case trust is needed.

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Quote from: Shamm on April 14, 2023, 10:09:25 AM

Quote from: Oshosondy on April 12, 2023, 03:47:09 PM

Quote from: cafter on April 12, 2023, 03:27:20 PM

1. always set a budget for playing slots and stick to it. do not chase losses or try to win back what you have lost by playing more.

This is the most important, using very low amount of money that you can afford to lose, like less than 2 to 5% of your weekly income to gamble weekly.

The most vulnerable time a gambler can have is when the gambler is chasing losses. This is the period a gambler is vulnerable to spend almost all or all the money he has to gambling and it is the time of having poor mindset towards gambling.

A Good or wise gambler must have this kind of mindset that they are only gamble that they are afford to loss and also what you said mate that 2-5% of monthly salary are the budget in gambling us quite big amount. And we can see that if we have our luck the we won in just a mount then it will make doubled or tripled. Cause in the world of gambling luck is our best partner and if we have it then we will win but if we don't have it then we will loss.

Expecting earnings from a casino through slots is not good, so when playing slots it is not good to calculate how much you will win, I prefer not to think about what you will win but what you will lose, that is something What should always be done, otherwise it doesn't make sense to play in a casino and in a slot machine, I don't know how to play well in slot machines, because I lose quickly, and when I play linearly, that is, I bet 1 dollar and I don't see 1 dollar in each bet earnings, on the contrary my balance is spent faster.

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Quote from: cafter on April 12, 2023, 03:27:20 PM

1. always set a budget for playing slots and stick to it. do not chase losses or try to win back what you have lost by playing more.

A reminder/tip that we're used to saying. But how many of those gamblers really have heard this right and followed it? These are not just for slots but also for other games where someone forgets to have his budget planned and has it followed.
Chasing losses can make you get those losses back but the chances are very low and you're likely to lose more instead of having back what you have lost.

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Quote from: AbuBhakar on April 14, 2023, 09:50:33 AM

Quote from: ufaiz50 on April 14, 2023, 06:15:10 AM

I sometimes win in slots but most of the time I lose but I only play slots whenever I want to spend some time or past some time as the animation and sound effects are entertaining plus the chance that you are going to win. It's really a great way to spend time in casino in my opinion and every casino have different games and sometimes they offer 1000+ slot games.

I appreciate the tips by the way, they are really good.

Most of the slot machine is designed to have a flashy feature to attract user to play more. Their cool graphics is one the main feature why this game is very popular even though this game has a low win chance rate no matter what slot RTP you are using.

Because of my previous bad experience on slot, I just downloaded on appstore a slot games that offers all the slot games available in the physical casino. This way I can enjoy playing slots without losing real money. I preferred playing sportbet over slot and I quench my slot thirst through playing using non-gambling slot games.

^This is what I did when I was trying to learn to play poker, I just downloaded the app from PlayStore and play without using real money.
The same in slots, there are too many apps to choose from if you want to play poker just for fun.
Slot machines are designed to be visually appealing and can be very tempting, but for the casino side, they are designed to make a profit for the casino in the long run. It is understandable that you prefer sports betting over slot machines, as sports betting allows you to use your knowledge and strategy to make good decisions in betting. It is always good to find a way to quench your gaming thirst that suits your preferences and values. Enjoy your non-gambling slot games!

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Quote from: cafter on April 12, 2023, 03:27:20 PM

1. always set a budget for playing slots and stick to it. do not chase losses or try to win back what you have lost by playing more.
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.
this can help you avoid wasting money on a machine that is unlikely to pay out.
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.
5. be careful when playing slots from Belatra and Spinomenal as they can be unpredictable and may not always pay out as expected.
6. if you do hit a big win, consider tipping any nearby players who may have been unlucky or busting. This can help spread good karma and keep the atmosphere positive.
7. avoid getting "slot psychosis" where you get stuck on one machine for too long. remember that slots are based on random chance and there is no guaranteed way to win.
so, take breaks, switch machines and remember to have fun!
8. first check the RTP (reward to player) and RTP should between 96%-100%

1. This is the most important thing for all gamblers regardless what games they are going to play although in fact most gamblers are losing control when they are on the go.
2 & 3. Are you serious to play with 10-50 spins only on slot games? What do you expect for such low number of spins? It does not make senses to have such low limit on number of spins. I'm pretty sure most slot lover wont play slot game just with 50 spins.
4 & 5. Why not avoiding all providers? lol The result will always be depending on our luck no matter which provider we are playing.
6. I would prefer to share some to people I know than share it with random people.
7. I would prefer to stay in one slot game with the budget I set before start, lets say I set a $20 budget, I'll use it to play one slot only.
8. RTP stands for Return To Player if I remember it correctly and I dont think there is a slot game with 100% RTP by default, 96-98% is the most used RTP.

QueenVera

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You did a very great job with your write up op but I think you okayed most of your games in the slot machines with your emotions which is totally wrong and you should know that nothing is guaranteed in gambling and gambling doesn't care about anyone no matter how much you've lost and this is also very similar to trading because I was stocked to one trading broker and thought after losing over four thousand Dollar($4000) maybe the broker would consider me and give me some wins but I failed to understand that they are also in business and what they want to do is also win.

I also support the idea of tipping people around you after a major win because this is one best way to share positivity and lucks

serjent05

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Quote from: cafter on April 12, 2023, 03:27:20 PM

1. always set a budget for playing slots and stick to it. do not chase losses or try to win back what you have lost by playing more.

I fully agree, as a responsible gambler, we shouls stick to whatever budget we allocated in our session and make sure that we are only using the fund we can afford to lose.

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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.

this number of spins is too small to decide about the slot possibility in giving us good winning. If someone triggers a bonus round within this number of spin he can be considered very lucky.

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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.
this can help you avoid wasting money on a machine that is unlikely to pay out.

I agree, 50 spins is good enough number of spin to test the water. If we failed to get a good winnings on this one, I also think that we can consider switching to a different game.

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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.

Slots is a game of chance, what you experience in these slots might be different from other player. They have set of RTP and the kind of volatility. If it is high to extreme volatility, it is obvious that you will be having a hard time getting a good win on this kind of slot.

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5. be careful when playing slots from Belatra and Spinomenal as they can be unpredictable and may not always pay out as expected.

Didn't all the slots games unpredictable?

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6. if you do hit a big win, consider tipping any nearby players who may have been unlucky or busting. This can help spread good karma and keep the atmosphere positive.

I'd rather give the money to my family or spend it to my family needs or someone who happen to need some financial assistant. I think it is better that way than tipping to co-gamblers and they just gamble it away.

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7. avoid getting "slot psychosis" where you get stuck on one machine for too long. remember that slots are based on random chance and there is no guaranteed way to win.
so, take breaks, switch machines and remember to have fun!

True, had experienced this kind of situation. Getting stuck to a game means losing because eventually, the game will shift to a feeding frenzy.

Pokapoka124

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Quote from: cafter on April 12, 2023, 03:27:20 PM

1. always set a budget for playing slots and stick to it. do not chase losses or try to win back what you have lost by playing more.

Knowing when to stop gambling for the day and count your losses is a very important skill as a gambler. I can relate to this because I have lost more money on slots trying to win back what I lost, I only stopped when my balance was no longer enough to place a bet. Slots can be very addictive, especially when you think you have good luck playing in a particular slot game, it’s hard to quit when you’re winning even harder to quit when you’re losing.

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Quote from: OgNasty on April 14, 2023, 10:13:38 AM

I rarely ever play slots because it seems to be a game of chance where the odds are heavily not in your favor. I’m also not sure they can be trusted because I don’t verify that they’re being honest or that the games being played are probably fair. However, I did toss $0.10 into a slot machine and win $175 a few weeks back. I’ll admit it was fun seeing all the cool animations and such, but it felt like I was being lured into a trap. Maybe I’m just cynical.

If someone who rarely bets in slot games and after just a few spins gets a big multiplier and gets a big win, be careful if you can't control yourself, you can continue to become addicted to slots.
This incident is like a myth but almost some gamblers feel this and I also experienced the first time I tried a slot game to get $ 100 after that I thought I expected a bigger win and lost all my winnings again and ended up chasing losses to become addicted.

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Quote from: mdshimom80 on April 14, 2023, 10:55:04 AM

I lost in Dice,Cards and 777 game. It's my fault. I didn’t understand how it’s work.

If you don't understand the game how it works then why you risking your money there? Immediately you should stop it if you don't want to lose again

And as a Gambler you don't know how the Dice game works. I assume you are not very experienced in this field.

Fortify

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Quote from: cafter on April 12, 2023, 03:27:20 PM

i play slots hoping to win 'big win' or 'jackpot' but many times it don't hits and my balance get drained after betting many times in one slot machine. i play more bets hoping it already took my so much balance it will definitely going to hit this times, but it never happens, and my balance becomes "0".

so i am sharing some tips to avoid this type of losing streak or bad luck in slots.
here it starts:

1. always set a budget for playing slots and stick to it. do not chase losses or try to win back what you have lost by playing more.
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.
this can help you avoid wasting money on a machine that is unlikely to pay out.
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.
5. be careful when playing slots from Belatra and Spinomenal as they can be unpredictable and may not always pay out as expected.
6. if you do hit a big win, consider tipping any nearby players who may have been unlucky or busting. This can help spread good karma and keep the atmosphere positive.
7. avoid getting "slot psychosis" where you get stuck on one machine for too long. remember that slots are based on random chance and there is no guaranteed way to win.
so, take breaks, switch machines and remember to have fun!
8. first check the RTP (reward to player) and RTP should between 96%-100%

Everyone loses on slots in the long run. Some of these ideas are a bit silly, like moving slots if it hasn't hit in 7-10 spins. If you play for long enough then it's inevitable that you will get both win streaks and losing streaks. There could even be underlying manipulation algorithms that kick in if the casino decides that it needs to recoup a big win that you might have achieved. There is no skill in these games and every single penny is controlled by the casino to maximize their profits. Why would you tip nearby players who have absolutely nothing to do with your wins? I've never seen this activity before and it makes zero sense, if you feel the need to tip someone then give it to casino staff who have to see a lot of negativity from losing players.

rahmad2nd

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Quote from: Kelvinid on April 14, 2023, 07:49:38 AM

Quote from: cafter on April 12, 2023, 03:27:20 PM

i play slots hoping to win 'big win' or 'jackpot' but many times it don't hits and my balance get drained after betting many times in one slot machine. i play more bets hoping it already took my so much balance it will definitely going to hit this times, but it never happens, and my balance becomes "0".

It was difficult to win the jackpot prize in the slot, honestly. If you believe in luck, I think you need it before getting the prize.
But I would say that don't chase winning in gambling, especially in pure-luck games because the more you think about it, the more you will suffer losses. It was a result of being desperate, doubling our bets thinking that we can recover our losses but in the end, we just notice that we are only multiplying our losses.

If it's easy, it means we will get victory quickly. So, forget about getting the jackpot from the slot machine.

Like you said, play just be a fun entertainment. if you win, consider it a bonus from the fun stuff. by the way, playing slots is like an easy game, but in fact it is not as easy as we think. but in most cases, actually every time we do a gambling session, it's not uncommon for us to be given a little victory. Unfortunately, we don't know when the right time to stop the game session is. moreover, if the game we play gives a lot of prizes in a short time. in theory, most gamblers would continue with their gambling session. but in the end, we are the losers. but we also have to be fair, when luck is on our side. not infrequently, the wins we get from gambling sessions can reach 10 or 100x the initial capital.
So on point, I agree with what you said. that ideally, don't be too ambitious to chase victory in every gambling session that we do.

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I lost in Dice,Cards and 777 game. It's my fault. I didn’t understand how it’s work.

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Quote from: OgNasty on April 14, 2023, 10:13:38 AM

I rarely ever play slots because it seems to be a game of chance where the odds are heavily not in your favor.

This correct since slot result is using an RNG which indicates that it is pure luck. You can add too the RTP that automatically gives the casino a ~5% house edge since the average RTP is 95% on all slot games. There is no transparent source code to verify how the RNG works on every slot machine so definitely this game is pure gamble.

Quote from: OgNasty on April 14, 2023, 10:13:38 AM

I’m also not sure they can be trusted because I don’t verify that they’re being honest or that the games being played are probably fair.

Slot provider gets there license for there software and probably fair is the number requirements to get a software license. This is the reason why it's important to play only on trusted provider. Actually this is same scenario with live games because there is no way to verify the result of the game unlike house game and sportsbook that result is available to verify DIY.

It's all about trust on the game provider and the license provider that gave them permission to operate legally.

OgNasty

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I rarely ever play slots because it seems to be a game of chance where the odds are heavily not in your favor. I’m also not sure they can be trusted because I don’t verify that they’re being honest or that the games being played are probably fair. However, I did toss $0.10 into a slot machine and win $175 a few weeks back. I’ll admit it was fun seeing all the cool animations and such, but it felt like I was being lured into a trap. Maybe I’m just cynical.

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Quote from: Oshosondy on April 12, 2023, 03:47:09 PM

Quote from: cafter on April 12, 2023, 03:27:20 PM

1. always set a budget for playing slots and stick to it. do not chase losses or try to win back what you have lost by playing more.

This is the most important, using very low amount of money that you can afford to lose, like less than 2 to 5% of your weekly income to gamble weekly.

The most vulnerable time a gambler can have is when the gambler is chasing losses. This is the period a gambler is vulnerable to spend almost all or all the money he has to gambling and it is the time of having poor mindset towards gambling.

A Good or wise gambler must have this kind of mindset that they are only gamble that they are afford to loss and also what you said mate that 2-5% of monthly salary are the budget in gambling us quite big amount. And we can see that if we have our luck the we won in just a mount then it will make doubled or tripled. Cause in the world of gambling luck is our best partner and if we have it then we will win but if we don't have it then we will loss.

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These slots are designed in appstore so that smartphone players can enjoy gaming on small screen. The layout is adapted so that a gambler can reach each feature and mode with one hand finger in addition to allocating the budget, the maximum bet on a slot machine should be to say in general, when you play the slot the maximum bet is always good, whether online or in the real world casino. The victories usually pays high quality and many progressive jackpot can only win with the highest bet.

AbuBhakar

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Quote from: ufaiz50 on April 14, 2023, 06:15:10 AM

I sometimes win in slots but most of the time I lose but I only play slots whenever I want to spend some time or past some time as the animation and sound effects are entertaining plus the chance that you are going to win. It's really a great way to spend time in casino in my opinion and every casino have different games and sometimes they offer 1000+ slot games.

I appreciate the tips by the way, they are really good.

Most of the slot machine is designed to have a flashy feature to attract user to play more. Their cool graphics is one the main feature why this game is very popular even though this game has a low win chance rate no matter what slot RTP you are using.

Because of my previous bad experience on slot, I just downloaded on appstore a slot games that offers all the slot games available in the physical casino. This way I can enjoy playing slots without losing real money. I preferred playing sportbet over slot and I quench my slot thirst through playing using non-gambling slot games.

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Quote from: cafter on April 12, 2023, 03:27:20 PM

1. always set a budget for playing slots and stick to it. do not chase losses or try to win back what you have lost by playing more.

Quote from: cafter on April 12, 2023, 03:27:20 PM

7. avoid getting "slot psychosis" where you get stuck on one machine for too long. remember that slots are based on random chance and there is no guaranteed way to win.
so, take breaks, switch machines and remember to have fun!

Quote from: cafter on April 12, 2023, 03:27:20 PM

8. first check the RTP (reward to player) and RTP should between 96%-100%

These are the most important points mentioned by OP that slots players should be aware about. By following these steps gamblers can avoid severe losses, understand how the game works, while increasing their winning chances by playing at machines which have superior RTP rates.

I believe other points mentioned have more to do with superstition, contiguity relations, instead of practical, factual events that could really influence the gameplay of a gambling session.

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Quote from: cafter on April 12, 2023, 03:27:20 PM

i play slots hoping to win 'big win' or 'jackpot' but many times it don't hits and my balance get drained after betting many times in one slot machine. i play more bets hoping it already took my so much balance it will definitely going to hit this times, but it never happens, and my balance becomes "0".

It was difficult to win the jackpot prize in the slot, honestly. If you believe in luck, I think you need it before getting the prize.
But I would say that don't chase winning in gambling, especially in pure-luck games because the more you think about it, the more you will suffer losses. It was a result of being desperate, doubling our bets thinking that we can recover our losses but in the end, we just notice that we are only multiplying our losses.

Topic: do you lose on slots? - page 49. (Read 6630 times)