Topic: Gambling mistake repeated by the gamblers - page 28. (Read 6240 times)

People do spend their money however they want but refuse to be accountable for their actions that brought about consequences. A lot of people that should ordinarily be mature would try to evade being responsible for his own actions. Money spent willingly on gambling and later losing out would be the fault of everyone around except the actual person who did the playing.

We can’t fault anyone who’s old enough and wants to play with their hand earned money. Where the problem lies is when after playing and losing out, such player, perhaps feeling a bit too emotional after losing, lashes out at everyone and everything around being the cause of his losses.
Although players must be mature enough and mostly over the age of 18 to play, a lot of players has failed to become responsible enough.

Repeated errors are caused or have their origin because the person does not have much strategy to apply, a person who has experience in the game knows and determines that things can be different if they are played differently in each game session, We have an established pattern to play, because that is how we think, but when we expand our strategies things are different, we begin to see the game in a different way, because the more strategies the fewer mistakes are repeated, but if we always stay applying The same in strategy we will fall again and again in the same cycle, that is why for me strategies in games of chance are necessary.

Some people always say that they do not believe in strategies and have their logical foundations based on what they know and what they experience and that is respected, because generally they are people who have been in gambling for many years and well for them it is simply Strategies don't work that simple.

So when we do not respond to seeing the things we can do, there are many, the world is unlimited by strategies and if strategies exist it is for a reason, it is not because the people created them because they did not have anything to do, I have always played with many strategies and the truth is they have worked for me, other times they haven't, but since this is chance, we don't know when something is going to work and that's the crux, we must always generate ideas, strategies for the game, just as there are strategies in poker, in all The rest there are, even in the slots, I have read that there are slots in which the companies apply strategies and it is a fact that they work, so I consider that everyone is free to see what they can do with their strategies if they use them or not.

The two things you are mentioning that is really true I have been facing this many times when I do gambling specially on sports betting some times I get over confidence because of the team that has good performance history but in cases it also seems that The team I support from my over confidence that lose. And the greediness it is a common nature of human many have little and many have extra. I think greediness is our one of main cause for losing.

Sometimes I feel greedy, but in general I know my limits. When we lose a lot in a row we need to rest a bit, but the greed to win can push us to bet more and more. But in any case, if we are not betting with borrowed money, I think it's okay. People can spend their money as they want. We live in a world where everyone is accountable for their responsibilities at the end of the day. We can't blame people who try their luck at gambling.

It's true, because on the other hand gambling is an activity that can stimulate the human brain and mind because of the many temptations and things that look very tempting in every session that you do, and one example is like what you mentioned here that when they are in a winning  situation it will be very difficult to be able to completely ignore greed in themselves, It doesn't matter if you're one of those gamblers who has the right understanding and also has a good approach, because as we know that everyone has the nature of "forgetting" and this will happen when you see something tempting that is actually nothing more than a temptation.

Repeating mistakes I think will be more often done by beginners where they are still very  ambitious in terms of treating their gambling activities and also usually more of them gamble with the aim of earning. On the other hand, yes you gave good advice and I agree with it that awareness is one of the keys so that we can avoid a little bit of bad possibilities, and I would suggest that you also need to apply assertiveness to risk management and awareness in yourself.

i think OP described confidence as blinc confidence like the gambler will just bet thinking he is lucky all the way to win. it has to be defined like the gambler knows what he is doing and knows how to play his card on the poker table or knows how to pick and choose his bets in sports.

confidence i think will be needed just not have to be overconfident that putting all his money in a single bet to win a sum. because this for sure would be too much. it may sound crazy but some people do it. and this i think is what OP means by overconfident.

Well, you are right and I completely agree with you, gambling has little to nothing to do with our confidence, confidence can actually drive us to bet on a game, a play a particular game, but that is where it ends, the same confidence can't can't contribute to the outcome of the game, whether it be a loss or a win.

Like I remember one time in the 2022 world cup when Saudi Arabia played against Argentina, my confidence in Argentina to win that match drove me to betting about $3000 on that game, this was the highest amount of money I've ever put into a single bet ever since I started gambling, and of course, I was never ready to lose this money, but like I said before, my confidence that Argentina would win; made me bet such amount of money on them, but eventually, and unfortunately, that confidence could not help me, for Argentina lost that match to Saudi Arabia, and that was how I lost my money, this was actually my worst experience in the world of gambling.

Repeated mistakes are certainly unavoidable for both experienced gamblers and beginners, because with every win your self-confidence will be higher and that will bring us greed. This cycle will continue to repeat itself and is quite difficult to avoid, self-awareness can change it.

The point am trying to make is that no amount or level of confidence can actually guarantee success in gambling, is  just a normal two way things just like I have Said before is either you win or loss, there are so many uncertainty in gambling sometimes things could goes surprisingly opposite at that point what can your confidence do for you.that is my opinion and is not must that you will agree with me.in my own term there is nothing like confidence in gambling.

There are two types of gambling, one depends on luck as there's nothing that you can do to increase your chances of winning. In this type of gambling, if you win before doesn't mean that you can win again even though you replay the game immediately and this are luck based games as dice games and slots games. You'll not easily see a professional in this type of games as they don't win always. Any gambler winning is doing that with luck and not as he has found a way to always win.

We also have games based on skills and your knowledge of the game that you're betting on and also how experienced that you're with the game. Some of the games are poker, sport betting as you can use your past experience to win. Some individual become experts in this games and when they play they always win as they have found out a way to always have the edge when playing or gambling on the games.

I disagree with you somehow on this because you need some level of confidence to be able to follow your gambling rules. I am among those who share the thought that every gambler must have a set of rules that will guide the gambling activities. These rules can be made from experience and data the gambler would have collated over a period of time. Inside this rule should be your financial commitment to gambling because managing the bankroll is very important.

Before even getting started, it is important to know that gambling has two side which is either a win or loss. Accepting this is a requirement for a better gambling experience and it therefore require that the gambler follows his process and have confidence in his system even when losses do come once in a while.

Without initiating any possible help or precaution to avoid making mistake, newbie will keep repeating same mistake as the concepts of gambling is for the business to earn and take advantage, though there are newcomers who can also adopt with the system and they find the right patterns and right approach to avoid losing a lot, being keen and aiming to create good dispcline is achievable if you can set limits to youreslf and not to void and excel with it.

You are the one who's controlling your gambling, keep repeating same mistake means that you will lose a lot, better understanding will allow you to prevent regretting, it's most of the time the situation you have to change path to bring both enjoyment and success instead of regrets and frustrations in each gambling participations you take.

The act of greediness can't just be easily removed in the life of most humans. This is also affecting us in the crypto space. Another thing apart from this two is the ability to learn how to manage your earning. That's why planning and budgeting is highly important. One shouldn't just gamble with money anyhow when you have money or receive your salary. It's always better to plan out some important things you needed money for then you can now gamble with the little change left over.

The experience of being able to profit in gambling is what makes them think that it's easy to win by just wagering. The reason why many of us are attracted to keep playing because of the eagerness to hit a decent profit. If you have no self-control and just letting yourself be drown of your desire to win, then you're likely to fall as an addicted gambler due to lack of discipline. It's a human nature to be greedy sometimes, but in gambling, if you have this mindset, that's not a healthy way to play. Confidence and greed are indeed the few reasons on why this type of gamblers are falling in the category of being a compulsive gambler.

The real world is a tough one, we fight to win everyday because that's the only way to stand tall and bold enough to take in anything in the system. Winning and losses are constant and temporary in the system. A newbie in gambling should make bold steps to follow up the pro gamblers in the system and seek advise and guidance because the system appears to be tricky for them. Though most of them refused to request for any aides, they decides to place wager by themselves and at the end of the day, they end up in deep regrets.

In gambling for me I don't think if being confident is necessary because is more like a two side coin two things are involve is either you win or loss so not been confident of yourself Will always gives you that emotional peace of mind when you encounter loss, and is never advisable to gamble with More than you can afford to loss.

It is suicidal to gamble with more than what you can afford to loss. You shouldn't gamble all the time some time go for break.

This applies not only to the gambling sphere, but to any sphere in general. Even at the supermarket, you are more likely to buy items with “20% free” or promotions like “buy 3 and get the 4th free.” Or when we make big purchases like a car, we also fall for tricks like “the price is reduced only this month!” (although maybe the car dealer has such an ad every month haha).
In general, greed is a normal human quality (we want better and more for ourselves, right?) and it works everywhere. Another thing is that in gambling, if a person does not have discipline, this can lead to dire consequences.

The gambler who using their real money in the gambling site was the revenue for them,because no gamblers will win all the time even if they have good skills about the game.The algorithm of the gambling site also playing huge role in the gambling winning,because the gambler should play the gambling with varying algorithms of the gambling site.If the gamblers strategy to the game was matches the algorithm of the gambling site,the possibility of making money in the gambling site was the easier one.If the gamblers learn to play the game with their strategy,he also understand the gap with between each game is must.Because the gap alone make the gamblers to play the next game as the new game.So the gamblers who mostly play the game with the idea of winning should understand to inverse huge money and hold in the gambling site for longer period.Because many poor gamblers will loss their money and never try to recover their money winning from the gambling site.Because good game enough to recover the loss.

GREED

One of the main reason on why gambling industry is really that a very profitable business for those owners and investors out there on which they do really make themselves that
making those revenue due to this kind of behavior of most gambler or people on which they cant really be able to resist out on playing until they would be busting up
all of their money and this isnt shocking anymore. This mistakes keeps repeating until people would be making out those realizations on which we know that
this is something that could be that avoided if they have been just mindful about on whats good and whats bad.

Yes, that is the thing that most often happens to new gamblers where they win their gambling games and feel that the gambling game is easy but the gambling game is difficult to win. They have not yet encountered bad experiences that have made gamblers fall so deep into gambling until they become addicted to gambling.

They can win once or twice or three times but they will not always win from gambling too often so they need to control themselves when gambling to avoid losing more. A gambler must be able to avoid losing more money by always controlling himself so that he doesn't spend more money. Gamblers have made many mistakes but they can't understand their mistakes.

We are already familiar with gambling can only advice to new gamblers so that they are more careful when gambling. They can make the same mistakes  but they don't know how to fix it.