Topic: Features of the worldview of a gambler - page 4. (Read 629 times)

Lack of risk management is pretty common in the world of gambling that’s why many people become gambling addict. Many gamblers ignore the risk and keep on betting because they are optimistic to hit jackpot to have a one time big time profit. This is why addicts never pay attention on risk even though house edge is already listed all over the games itself which means casino advantage.

A decent gambler will know their limits since they will have proper risk management. People should rather invest their money instead of gambling if their aim is to get huge profit out of gambling since gambling games is brutal when you chase both profit and loss.

What we should call this type of optimism where a person is seeing and experiencing loses over and over again but his hope of gaining money and becoming rich does not end 
Is this a sign of any disease of mental disorder, i do not know because i do not come across any such study where the medical personals can give any statement of this state of mind.

Unfortunately, gambling addiction is not considered a disease or a mental disorder and we only blame the gambler for not being responsible. Who knows that gambling addiction is a disease and it needs treatment to be cured just like other medical problems?

The view for someone who is involved in the world of gambling is very broad and numerous, not just the four concepts you mentioned, there are many other factors and differences for those who are addicted to gambling or what is said to be a hobby of gambling.

Most people who have experienced gambling disorders think that the things they face in gambling are very serious, sometimes they don't care if their savings or other costs are lost in gambling, to serious problems faced such as damaged personal and work relationships, this is often experienced by those who are addicted to gambling.

There are things that are most serious and even worse in the world of gambling, such as: thinking that the world of gambling is trivial, but they don't realize that gambling can make them addicted, just like for those who are involved in the world of drugs, That's another view that leads someone to gambling addiction.

You will rarely meet a drug addict who admits his drug addiction as a vice. They are all very optimistic, looking forward to getting the next dose, which will again make them happy. Is there a difference between drug use and gambling addiction? I have heard facts that, in the case of both drug addiction and gambling addiction, it is difficult to recover on your own. I think the phrase “there are no former drug addicts” is familiar to you. This means that there are no former gambling addicts until professionals take care of them.
And yes, pathological optimism can be called clinical stupidity.

As per your statement, those people who participated in the interview are irresponsible towards their finance management which is why they don't take losing their money as seriously despite having debts to pay back.

They pretend to be optimistic just because they don't want to accept reality and just live in the fantasy world of winning big and paying back every debt without doing any hard work.

Admitting to been gambling addict isn't a problem to some persons but their challenges has always been managing their addiction. Addiction management is the problem some gamblers face, some of them are addict's but are not moved to involving into unhealthy habits so as to fund their gambling habit but the others lack this self control.

The concept of risk management is been neglected by some gamblers most likely be they gamble for fun and not really with the aim of making money so they just risk as much as it appeals to their appetite but then some allow their risk appetite to grow too voracious such that they end up spending all their funds before they realize it. Risk management helps those who apply it to stay much longer in the game than they would have if they were just gambling without risk management and it also help them know how profitable they have been and probably quantify their profitability and loose.

Everything you mentioned goes down to one thing they have activated dopamine that's the whole summary they just want to put logic on what they feel about gambling but it's all about the activity in the brain that releases dopamine

https://gamblershelp.com.au/learn-about-gambling/gambling-and-how-it-affects-the-brain/

All gamblers gamble with their emotions, they feel the roller coaster of everything, something they don't feel in other things that they do only in gambling,
when gamblers gamble they feel alive, they feel all the emotions, like excitement when they are chasing a loss, sadness when they are in the verge of losing everything, and satisfaction when they win a big amount.
Gamblers can give various reasons why they gamble but everything really depends on dopamine.

Addiction is a disease and it is unlikely that a person will confess that they are sick and mention that the disease they have is an addiction to gambling, this is because first that person will need to pay for a consultation with a psychologist so that this psychologist can examine them and determine that he is addicted to gambling, the problem is that if that person has a job in which that person occupies a position that allows him to deal with money, then the psychologist will recommend that that person take a vacation from work to undergo treatment for his addiction and this implies that this person tells his boss at work that he is addicted, and how many companies will agree to employ people with a declared addiction?

The truth is that no one will give jobs to people addicted to gambling, which is why many people have chosen to hide their health status when they are diagnosed with gambling addiction. Treatment to cure addiction is not a simple, easy and cheap treatment. On the contrary, it is a very expensive treatment, which requires isolation and a lot of monitoring by specialists in the area of addiction cure. So all these factors make people not say anything, they prefer to remain silent about their health situation. What governments and non-governmental organizations have done to warn people about the dangers of gambling and to give tips on how people can gamble responsibly

They encourage people not to gamble with money they cannot afford to lose, they talk about the main symptoms that a person needs to be alert to when they have it, because it means that the person may be addicted to gambling. but it is important that people do not rush to the conclusion that they have become addicted to games just because they have the symptoms that are publicized, people will only know that they are addicted when a doctor examines them and declares that they are addicted and that they need treatment, there are many people who gamble with money that they cannot afford to lose, but they are not addicted to gambling

OPTIMISM
it is a well-known aspect of pathological gamblers and has also been noted and cited in some scientific publications.
https://pubmed.ncbi.nlm.nih.gov/?term=gambler+optimism

but I believe that this is part of many addictions, especially in the initial phase... one feels invincible, optimistic despite having already entered the "abyss"...

The fact that the chance is always there to win is what make most people coming back and especially gamblers following that win.They of course have a pathological optimism that brings them to the casino again despite several heavy losing sessions before and if they did not have it then it means they would be more practical and pragmatic to stop playing or coming back to play at the casino,they lack also analysis of what just happened to them as they pass it as something normal when in fact it is not normal to lose a lot of money yet they think in the next session they will recover that money which is what leads to them coming back and back asking for more until they get addicted,they are pretty readable,the gamblers.

Risk management is what many people overlooked unfortunately 🤦 and this is what is killing them, if the risks they are taking is the most minimal, they won't be affected, even if you are poor you only need to cut your clothes according to your size.

If you are poor you can still be a gambler, but make sure you are not jobless, they are both not the same, someone who still have a source of income, even if it's very thinly is better than someone who have no source of income, they can be both poor but the difference will be there.

Assuming you have a source of income but it's very little but you have interest in gambling, you need to avoid comparing yourself to friends or people that can afford to risk $50 on gambling, if $50 is your monthly income, I expect you to risk $1 on gambling in a month, yes, some people won't like this but people still place bet with $0.20 in my country and they won in sports bet.

Nothing beats cutting your clothes according to your size, if you lose the $1 it's just a small amount of your whole monthly income of $50, way better than risking when $10, you can food yourself that $10 is what you can afford to lose, but for someone who makes $50 monthly, risking $10 is too much, it's simply something you can't afford to lose, you shouldn't even try it.

I think those who feel they are addicted to gambling can still control themselves. They only often return to the casino to gamble and do not cross the line and maybe it is a gambling addiction for them. They believe that they can still win from gambling and that is why they still return to gambling until they win. Even if they win, they will still return to gambling.

The most common characteristic of gamblers is a lack of risk management, so many gamblers do not understand how to manage their risks so that they do not become large. Most gamblers will continue to return to gambling because they want to win but they do not manage their gambling expenses, causing them to experience large losses. But they also like the process of gambling so they keep coming back to gambling too.

     
I have studied the subject for a while as a hobby, as it overlaps my special interest of evolutionary psychology and cognitive biases. And correct me if i am wrong, but i don't think pathological optimism is the scientifically recognized term for it, but more like optimism bias said in layman's terms. Or more specifically pathological gambling caused by excessive optimism.

Animals like people are wired to be addicted, they like to respond to supernormal stimulus way more then things that are actually essential for their well-being, and if you combine for example ADHD to the mix, it adds to lack of risk management. But risk managament itself is already modified by the neurochemistry of addicts, probability is subjective thing to them and they see it via magical thinking. I am currently writing an article about this to here, but it gets delayed as i have a busy schedule during winter. But in short: It's not because lack of understanding. Addicts understand what they are doing. They are just unable to control it. It's a neurochemical issue, and sometimes overlaps with adhd symptoms.

Gamblers are always optimistic, that’s one thing I know for sure. You can watch a gambler lose 5 straight losses and he still believes and tells you that he will win. There people who have very severe gambling addiction, and some of them have not even won quarter the money they have lost, but for some reason, they keep believing that they will win and keep gambling and throwing their money at it. Additionally, they sometimes lose the sense of risk. Someone who was staking a little amount will suddenly start staking huge amount, forgetting that the money at stake is just too much.

All I can say is, try to enjoy the games more than expecting to make some money, unless you are already an idiots, we all know that it's very hard to make money in gambling, how hard can this be to accept?

Use what you can afford to lose, gamble on games you like and make sure you don't spend too much time on casinos, you need to set some.boundaries, getting too involved with gambling can create a different desire in you.

You have a life to live, enjoy every minutes of your time and avoid setting yourself back to the beginning, don't be a reckless gambler, instead be strong in mind and accept the truth, gambling can't ever be a source of your income, it can be a sure source of entertainment.

You get people who are addicted to something, but they have not admitted to themselves that they are addicted. Those types of people usually act as if it is something little and something that they can handle.

Just go to a alcohol anonymous meeting and ask the people there, they will tell you that all addiction work that way, until you admit that you have an addiction and when you reach out for help. 

They are gambling addicts because they still believe that something will come up, they accept they are addicted but they can't stop, the reason why they can't stop is because they have hope in mind with gambling, the first thing to accept as a new gambler is that..

Gambling won't make you rich.

Gambling is not a source of income.
 
I am confused how people can believe that gambling will get things done for them, I hate that idea and mindset, to acquire everything you wanted you will break a sweat, you will do this and that to meet your needs, so how can something come up to fix this working to achieve things idea?

You are been scammed already without realizing, your mind is been deceieved, even the Holy Bible says we humans should work to get food on our table, gambling isn't a work, why are people expecting so much from it? Isn't this why the casino business is a lucrative one? Because people can't do without believing the wrong hopes and dreams, just like gambling.

It would be good if OP make some clarification about this. I noticed something about addicted gamblers, they believe that if everyone is losing money on a particular game, they believe that they can study the game better and translate it into money. They will try different strategies to win but continue to lose. I think this is what OP is talking about. And it is true, that is how addicts think without thinking more about risk management.

This is the most important point in my opinion because not many people who are addicted to gambling realize that they are addicted to gambling, that's why I think it will be easy for them to cure the disease if they consciously feel addicted to gambling so they can change their mindset a little and reduce gambling activities to can recover but if they choose to continue playing gambling. no problem either.

Usually people who are aware that they are addicted do not find it difficult to cure it because they just have to move themselves to get out and stop their addiction by force, I'm sure it works because so far gambling addicts who are truly addicted have never realized that they are addicted to gambling even if they If he loses all his money and his family, he certainly won't realize it either.

addicted to gambling just want to get a lot of money, no matter how much they get from winning they won't care and continue playing, and conversely no matter how much they lose, they won't care, they just want to play to get a win and a cycle like this is difficult in control that they won't even sleep soundly when they have money to play with