Gambling Distortion Pattern | Bitcointalksearch.org

Lucasgabd

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Quote from: Fivestar4everMVP on January 12, 2023, 01:30:18 AM

Quote from: Lucasgabd on January 10, 2023, 07:43:38 PM

it's a bit tricky to think casinos would act against their own incentives
in reality they usually want users to get addicted and gamble more
even if a casino advertise "responsible gambling" (is it even possible?) I'd probably doubt it is for real and not just a PR practice.

Lol, you are absolutely correct mate, casinos sure want their users to gamble more, this is their business and they are in it for maximum profit, personally, i see that "Gamble Responsibly" thing as a PR strategy, or maybe gambling authorities requires every casino to have that sign as a disclaimer on the casino websites and promotion materials.

Its just like the government asked producers of cigarette to boldly install "Smokers are liable to die young" in the front and back of every cigarette packets , the producers did as ordered but also made the cigarette to become much more sweeter than they used to be, to make the smokers even more addicted to it.

good point
and shows us that the government has a role to play too and can help make people's lives better in some situations

usually the situations are filled with nuance and most people can only see black or white.

Solosanz

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Quote from: BobK71 on January 12, 2023, 01:14:39 AM

The most important thing in gambling is not to chase after losses. We who are gamblers often try to recover after a loss and that is too quickly which in turn leads to big losses. And I doubt if there is a gambler who has not been exposed to such a situation. When a gambler loses 75 percent of their funds and can patiently gamble with only 25 percent, some times they will be able to regenerate the funds once again. But those who get frustrated losing 75% will usually have zero balance. So a gambler should have good knowledge about this concern.

Patience has nothing to do with your luck, because emotional doesn't change anything, it's depends on how much your bankroll and how much you put to gamble. House edge is calculated from a bunch of betting, so if you're only gamble with small money, you wouldn't lose all of your money. While if you bet all of your money or 1/2, or few times only, it's high likely you will earn good amount money or lose it all. In the end you will lose since the house edge is on casino's side.

Fivestar4everMVP

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Quote from: Lucasgabd on January 10, 2023, 07:43:38 PM

it's a bit tricky to think casinos would act against their own incentives
in reality they usually want users to get addicted and gamble more
even if a casino advertise "responsible gambling" (is it even possible?) I'd probably doubt it is for real and not just a PR practice.

Lol, you are absolutely correct mate, casinos sure want their users to gamble more, this is their business and they are in it for maximum profit, personally, i see that "Gamble Responsibly" thing as a PR strategy, or maybe gambling authorities requires every casino to have that sign as a disclaimer on the casino websites and promotion materials.

Its just like the government asked producers of cigarette to boldly install "Smokers are liable to die young" in the front and back of every cigarette packets , the producers did as ordered but also made the cigarette to become much more sweeter than they used to be, to make the smokers even more addicted to it.

BobK71

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The most important thing in gambling is not to chase after losses. We who are gamblers often try to recover after a loss and that is too quickly which in turn leads to big losses. And I doubt if there is a gambler who has not been exposed to such a situation. When a gambler loses 75 percent of their funds and can patiently gamble with only 25 percent, some times they will be able to regenerate the funds once again. But those who get frustrated losing 75% will usually have zero balance. So a gambler should have good knowledge about this concern.

LUCKMCFLY

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Quote from: traderethereum on January 06, 2023, 12:04:52 AM

Quote from: Plaguedeath on January 05, 2023, 02:40:54 AM

Quote from: traderethereum on January 05, 2023, 12:10:27 AM

I think it happens to many people when they first start gambling.
But after playing for some time, they started to lose and the number of losses was getting bigger and frustrated them.
They try to use bigger funds but the result is always the same, namely defeat, making them desperate because they cannot win like before.
And in the end, they will only regret it because they have lost a lot of money gambling.

This is because there's no guarantee you will get huge multipliers or jackpot even though you're playing it a whole day. Anyone should have a good self control in order to prevent this kind happen. Also there's many casinos already has self exclusion feature which will help an addict to stop gamble.

I also think it's better to play sports rather than slots because you can't predict the result in slots.

Hopefully, the self-exclusion feature really helps an addict to stop gambling but I'm still unsure about that feature because it's very difficult for a gambling addict to realize he is a gambling addict.
Unless he has really rough days and it gets to a point where he really needs to quit gambling, only then will he come to terms with what he has done and what he did wrong.
And before that happens, we really have to have good self-control when playing gambling so that nothing bad will happen to us.
We must be able to learn from the experiences of others who have experienced many defeats.

Well, there are many players who have their own way of playing and have many techniques that are difficult to tell them to change, because it is difficult to make them change their tricks and things that they have learned as they have had their own experiences, however some may have that There are patterns to play and win, but it is very difficult, many people play in different ways. In my case, when I see the way some players play and I see that I can optimize my way of playing, I get results that are more efficient than mine. Well, I simply adopt them for myself and begin to apply them, but I don't think that depends on each player.

Lucasgabd

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Quote from: Mahanton on January 10, 2023, 07:54:58 PM

Quote from: Lucasgabd on January 10, 2023, 07:43:38 PM

it's a bit tricky to think casinos would act against their own incentives
in reality they usually want users to get addicted and gamble more
even if a casino advertise "responsible gambling" (is it even possible?) I'd probably doubt it is for real and not just a PR practice.

They would really be just making themselves look that they are really that in concern with gamblers but deep inside they do really want for all to be addicted. hehe.
As this kind of business then the more addicted person the more better since it could really generate up that kind of income on where they are really that hoping for.
Distortion or whatsoever wont really be that effective as long a particular person doesnt have any plans on stopping or having a good control of his gambling
activities or engagement.

exactly
don't trust their words, trust their actions

if a casino was really interested in avoiding gambling addiction they'd simply block or timeout the user after a certain number of games or certain time
it's not hard
but doing so is not profitable so it's definitely a no no.

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Quote from: Lucasgabd on January 10, 2023, 07:43:38 PM

it's a bit tricky to think casinos would act against their own incentives
in reality they usually want users to get addicted and gamble more
even if a casino advertise "responsible gambling" (is it even possible?) I'd probably doubt it is for real and not just a PR practice.

Au contraire, addicted gamblers are usually more trouble to them than money, especially for live casinos where they could get bombarded by hate and scandal from addict gamblers, especially in countries where loan sharks are a thing. If anything, there are a couple of houses, especially ones not fully-accredited by their national governments, who promote this type of problem, but most of them would really go to such lengths as kicking gamblers out of the casino if they are observed and confirmed to be addicted to gambling already. Then again, we wouldn't really see this on the daily so it's not going to make it out the news.

Quote from: wxa7115 on January 10, 2023, 11:32:56 PM

Quote from: traderethereum on January 07, 2023, 02:57:02 AM

That's why I doubt this self-exclusion feature could work for a gambling addict because they wouldn't be using it for their own good.
Instead of using it, if a casino uses this feature automatically on gamblers who use a lot of money to gamble almost every day, those gamblers will just look for other casinos that can allow them to use a lot of money still.
But casinos haven't done it automatically and still give gamblers the option to activate it.
Casinos are also thinking about what if many gamblers activate this feature because it will impact the profits they can get and will reduce their profits.

The self-exclusion feature some casinos offer can be useful but only under very specific circumstances, one of those cases would be when a person which is not addicted to gambling lost a lot of money during a session, then they can implement the self-exclusion feature and keep themselves out from their accounts long enough to think about what they did.

But for those which have a problem controlling their gambling such a feature is useless, because as you mention then they can just open another account in a different casino and gamble there anyway.

True. but this only applies to online casinos. Live casinos do not have this problem AFAIK. The futility of Self-exclusion features against addicted gamblers aren't a good enough reason to not imply them to casinos. The benefits they provide still outweighs the amount of addicted gamblers by a longshot.

Fullcoinese

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Quote from: pawanjain on January 10, 2023, 11:48:42 PM

I tend to play with small amount these days which has helped me in cutting losses while still enjoying gambling.

after a big enough loss, of course, it will make you more careful in placing your money. you already have valuable experience with loss.
I rarely go to the casino. more often than not I make sports bets. especially on the weekends when some of the European leagues start playing. and that too with a small nominal. not a big bet. just for fun only.

maybe in the casino, those who play are very focused on their game. sometimes they forget to control their emotions. it can ensnare players when they continue to lose and enjoy the game.

pawanjain

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Quote from: len01 on January 05, 2023, 06:40:56 PM

yes, it is true. back when I was still a crazy gambling addict, it was very difficult to control my emotions while betting. especially if you lose several times, of course the emotions will be big and you always spend money to chase those losses.
but after the destruction in the past will make a valuable lesson for me to stop being a crazy gambling addict and always try to control emotions.

Controlling hour emotions is what we all have learnt from gambling without which we would probably lose all our money into gambling.
Even I have tasted the losing it all part and I must say it was because of the same that I have learnt to control my emotions and hence control my spendings.
I tend to play with small amount these days which has helped me in cutting losses while still enjoying gambling.

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Quote from: traderethereum on January 07, 2023, 02:57:02 AM

That's why I doubt this self-exclusion feature could work for a gambling addict because they wouldn't be using it for their own good.
Instead of using it, if a casino uses this feature automatically on gamblers who use a lot of money to gamble almost every day, those gamblers will just look for other casinos that can allow them to use a lot of money still.
But casinos haven't done it automatically and still give gamblers the option to activate it.
Casinos are also thinking about what if many gamblers activate this feature because it will impact the profits they can get and will reduce their profits.

The self-exclusion feature some casinos offer can be useful but only under very specific circumstances, one of those cases would be when a person which is not addicted to gambling lost a lot of money during a session, then they can implement the self-exclusion feature and keep themselves out from their accounts long enough to think about what they did.

But for those which have a problem controlling their gambling such a feature is useless, because as you mention then they can just open another account in a different casino and gamble there anyway.

Mahanton

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Quote from: Lucasgabd on January 10, 2023, 07:43:38 PM

it's a bit tricky to think casinos would act against their own incentives
in reality they usually want users to get addicted and gamble more
even if a casino advertise "responsible gambling" (is it even possible?) I'd probably doubt it is for real and not just a PR practice.

They would really be just making themselves look that they are really that in concern with gamblers but deep inside they do really want for all to be addicted. hehe.
As this kind of business then the more addicted person the more better since it could really generate up that kind of income on where they are really that hoping for.
Distortion or whatsoever wont really be that effective as long a particular person doesnt have any plans on stopping or having a good control of his gambling
activities or engagement.

Lucasgabd

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There's no need to be upset

it's a bit tricky to think casinos would act against their own incentives
in reality they usually want users to get addicted and gamble more
even if a casino advertise "responsible gambling" (is it even possible?) I'd probably doubt it is for real and not just a PR practice.

traderethereum

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Quote from: ?? on ??

Quote from: traderethereum on January 06, 2023, 12:04:52 AM

Quote from: Plaguedeath on January 05, 2023, 02:40:54 AM

Quote from: traderethereum on January 05, 2023, 12:10:27 AM

I think it happens to many people when they first start gambling.
But after playing for some time, they started to lose and the number of losses was getting bigger and frustrated them.
They try to use bigger funds but the result is always the same, namely defeat, making them desperate because they cannot win like before.
And in the end, they will only regret it because they have lost a lot of money gambling.

This is because there's no guarantee you will get huge multipliers or jackpot even though you're playing it a whole day. Anyone should have a good self control in order to prevent this kind happen. Also there's many casinos already has self exclusion feature which will help an addict to stop gamble.

I also think it's better to play sports rather than slots because you can't predict the result in slots.

Hopefully, the self-exclusion feature really helps an addict to stop gambling but I'm still unsure about that feature because it's very difficult for a gambling addict to realize he is a gambling addict.
Unless he has really rough days and it gets to a point where he really needs to quit gambling, only then will he come to terms with what he has done and what he did wrong.
And before that happens, we really have to have good self-control when playing gambling so that nothing bad will happen to us.
We must be able to learn from the experiences of others who have experienced many defeats.

Some do see that self exclusion feature does help and some do say that it was really just a thing that make these gambling companies do look that they are really that in concern into those users who are addicted
ones but deep inside they are really just liking on what they are seeing.They would really be much preferring into those users who do really end up on spending tons of money into their gambling activity
which they could really be benefiting out or generate more revenue into these businesses.If you are really that someone whose addicted and using up this exclusion feature but as long you arent
really make yourself that get serious on quitting gambling then it would be useless as you would be finding another place for you to hang on.

That's why I doubt this self-exclusion feature could work for a gambling addict because they wouldn't be using it for their own good.
Instead of using it, if a casino uses this feature automatically on gamblers who use a lot of money to gamble almost every day, those gamblers will just look for other casinos that can allow them to use a lot of money still.
But casinos haven't done it automatically and still give gamblers the option to activate it.
Casinos are also thinking about what if many gamblers activate this feature because it will impact the profits they can get and will reduce their profits.

traderethereum

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Quote from: Plaguedeath on January 05, 2023, 02:40:54 AM

Quote from: traderethereum on January 05, 2023, 12:10:27 AM

I think it happens to many people when they first start gambling.
But after playing for some time, they started to lose and the number of losses was getting bigger and frustrated them.
They try to use bigger funds but the result is always the same, namely defeat, making them desperate because they cannot win like before.
And in the end, they will only regret it because they have lost a lot of money gambling.

This is because there's no guarantee you will get huge multipliers or jackpot even though you're playing it a whole day. Anyone should have a good self control in order to prevent this kind happen. Also there's many casinos already has self exclusion feature which will help an addict to stop gamble.

I also think it's better to play sports rather than slots because you can't predict the result in slots.

Hopefully, the self-exclusion feature really helps an addict to stop gambling but I'm still unsure about that feature because it's very difficult for a gambling addict to realize he is a gambling addict.
Unless he has really rough days and it gets to a point where he really needs to quit gambling, only then will he come to terms with what he has done and what he did wrong.
And before that happens, we really have to have good self-control when playing gambling so that nothing bad will happen to us.
We must be able to learn from the experiences of others who have experienced many defeats.

len01

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Quote from: Lucasgabd on January 04, 2023, 12:28:52 PM

Quote from: wxa7115 on December 28, 2022, 11:02:41 PM

Quote from: len01 on December 25, 2022, 02:05:43 AM

what I have experienced and destroyed me is in this third pattern. because in the past, every time I deposited funds into the gambling platform, I always won large amounts of gambling. without me realizing that the victory was the beginning of the downfall when I started to be greedy to win more and when I continued to bet I lost the first time and I became emotional chasing defeat by increasing the amount of my bet and in the end I lost more and my funds finished. after that I became even more stupid when I chased defeat, always made a deposit and always lost.
from what happened in my past, this will be the best lesson for me if gambling is just entertainment, you don't need to hope for victory and you don't need to be greedy if you don't want to break. and if you get a big win or max win it's just a bonus and immediately leave the gamble and withdraw the winnings.

This is very common, cutting your session short when you are losing is very easy, as you can simply say that it was not your day and do something else during the time you had planned to gamble.

However when you begin your session with big wins you want to keep gambling as it is easy to think this is your lucky day in which you could obtain big profits, but suddenly your luck changes and your profits begin to go down, now even then you are still in a good position as you are still earning money, but in your mind you can only think on the money you have lost already and then you become even more reckless in your attempts to try to recover that money, only to lose your money at an even faster speed.

the thing is many people lack the emotional control to do it
I agree that it's a simple thing and solves the problem, but not so straightforward to do it if the person is adicted

it'll vary a lot from person to person

yes, it is true. back when I was still a crazy gambling addict, it was very difficult to control my emotions while betting. especially if you lose several times, of course the emotions will be big and you always spend money to chase those losses.
but after the destruction in the past will make a valuable lesson for me to stop being a crazy gambling addict and always try to control emotions.

Baofeng

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Quote from: davis196 on January 05, 2023, 03:25:25 AM

The pattern depends on the gambling game.
I usually play poker, so most of the time I start winning slowly, but after a while, I get bored and lose everything. I lose everything because I get tired of waiting for a good hand, so I start taking higher risks.

Probably in any other card games as well like bacarrat or even black jack. If you lose concentration and started to bet without thinking of the odds, then we take higher risk and so we might lose very quick.

Sometimes when this happen to me, I again withdraw some money and play but this time with different mentality, and sometimes it work as I was able to recover my initial lost.

Quote from: davis196 on January 05, 2023, 03:25:25 AM

With games like crash or dice, the pattern would be way different. I would be winning and losing small amounts and most of the time I just don't win big, because I hate making bigger best on such games. I have the hidden feeling that the crash/dice game might be rigged, when the players makes a bigger bet. Grin

Luck base game, so it's very volatile as well with the pattern very different for each one of us. Not sure the game is rigged though, but this is our feeling when we lost specially with huge amount as if it was set up by the casino like that.

Lucasgabd

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Quote from: Blawpaw on January 04, 2023, 02:35:16 PM

This actually pretty useful, thank you for this. This basically helps a player knowing when to maximize his bets and when to avoid betting. Will gona have to try it out and check if ot works

please come back later and share your findings with us
would love to hear

Quote from: davis196 on January 05, 2023, 03:25:25 AM

The pattern depends on the gambling game.
I usually play poker, so most of the time I start winning slowly, but after a while, I get bored and lose everything. I lose everything because I get tired of waiting for a good hand, so I start taking higher risks.
With games like crash or dice, the pattern would be way different. I would be winning and losing small amounts and most of the time I just don't win big, because I hate making bigger best on such games. I have the hidden feeling that the crash/dice game might be rigged, when the players makes a bigger bet. Grin

this is true too
in some games it won't even work or it'll show a delay
like with slots it could work differently

davis196

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The pattern depends on the gambling game.
I usually play poker, so most of the time I start winning slowly, but after a while, I get bored and lose everything. I lose everything because I get tired of waiting for a good hand, so I start taking higher risks.
With games like crash or dice, the pattern would be way different. I would be winning and losing small amounts and most of the time I just don't win big, because I hate making bigger best on such games. I have the hidden feeling that the crash/dice game might be rigged, when the players makes a bigger bet. Grin

Plaguedeath

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Quote from: traderethereum on January 05, 2023, 12:10:27 AM

I think it happens to many people when they first start gambling.
But after playing for some time, they started to lose and the number of losses was getting bigger and frustrated them.
They try to use bigger funds but the result is always the same, namely defeat, making them desperate because they cannot win like before.
And in the end, they will only regret it because they have lost a lot of money gambling.

This is because there's no guarantee you will get huge multipliers or jackpot even though you're playing it a whole day. Anyone should have a good self control in order to prevent this kind happen. Also there's many casinos already has self exclusion feature which will help an addict to stop gamble.

I also think it's better to play sports rather than slots because you can't predict the result in slots.

famososMuertos

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The issue is how understands it these stages that you mentioned and then how to "walk!" by them like gamblers for each one of us with an individual point of view, for maybe have a comparison with the individual experience, that not necessarily by making the comparison one must have the coincidence of emotions or conclusions to which you arrive.

Topic: Gambling Distortion Pattern (Read 5709 times)