Let me add another gambling MYTH.
"I bought this _____ (any material thing) because I won the jackpot in the casino last night"
Well, for how long have you been playing in the casino to get that jackpot?
and how much money you have wasted just to get that jackpot?
The jackpot amount might not be enough to cover all the losses you made since day 1 of your gambling journey lol
Is it saving more effective? but yeah I get it, saving is not fun though I totally understand that coz me myself struggles a lot when it comes to saving money lol.
Topic: Gambling Myths that we often hear - page 10. (Read 1255 times)
Ignore myths about gambling, it is a dangerous road for money, enjoyment, and your health. The fact that these myths still exist and are being spread proves once again that we do not realize how susceptible our brains are to over-shifting patterns. Yes, you can win if you play long enough, but is it worth it? Is it a sound financial decision? It is always wise to understand how things work, remember the fundamentals and avoid easy shortcuts. Remember, there is truly no such thing as a guaranteed win, on the Internet or offline.
If you happen to go into gambling, you should know the possible repercussions of this habit.
But if you are just an occasional gambler, where you only gamble if you have extra funds and if you want to bet on particular sports,
that's fine. Those myths don't matter to you because you are only here for your short-term targets.
But once you get too deep in this industry, that's when you will start encountering troubles.
Not only your financial, but emotional or your mental health.
Ignore myths about gambling, it is a dangerous road for money, enjoyment, and your health. The fact that these myths still exist and are being spread proves once again that we do not realize how susceptible our brains are to over-shifting patterns. Yes, you can win if you play long enough, but is it worth it? Is it a sound financial decision? It is always wise to understand how things work, remember the fundamentals and avoid easy shortcuts. Remember, there is truly no such thing as a guaranteed win, on the Internet or offline.
Myth 11: Feeling Lucky Means You’re Going to Win
>> Fact: Distorted beliefs about luck are a key mechanism in developing gambling addiction.
(....)
I can really relate here, you really can't control your hand, especially it is already itchy to gamble and that's the time you are very excited and you always keep thinking you are lucky, for me it will always come from our self, if you feel lucky, you are lucky if not you are not. >> Fact: Distorted beliefs about luck are a key mechanism in developing gambling addiction.
(....)
And yeah, I more agree with the fact, could be sign of gambling addiction too.
I'll add that many (newbies, kids) think that Martingale or similar strategies are a safe win. Of course, until they face a long enough losing streak... Does it count?
Majority of those who started gambling, started by using this strategy I admit when I was a newbie I thought martingale is 100% effective as long as you can keep it up because the logic is simple doubling up so you can regain what you've lost, yeah this one should be included in your topic because so many falls into this myth until they get busted and realize by taking on the other gambler's experience and from their experience.
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Myth 6: Knowing a Game Well Increases Your Odds of Winning
>> Fact: Gambling games are designed to not have any aspect that will increase the odds of winning purely out of knowledge or skill.
Card counting in Blackjack would have never been disallowed in all casinos if this was the case. They were forced to make changes to the game because some players were too skilled or crafty to beat the house.>> Fact: Gambling games are designed to not have any aspect that will increase the odds of winning purely out of knowledge or skill.
There are so called skill-based games for a reason. Knowledge of the rules doesn't guarantee winnings but it may increase your odds.
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Myth 3: If You Keep Playing, You Will Eventually Win Your Money Back.
>> Fact: The longer someone remains in active gambling addiction, the greater the losses.
This is what makes gambling business is so profitable due to this kind of behavior of most gamblers or lets say they could really break even if they do tend to play even longer >> Fact: The longer someone remains in active gambling addiction, the greater the losses.
and this one would even make the situation makes more worst and people should really realize these things but if you are willing to lose all of those amounts you do have or solely
been intended for the use of gambling then it should be find but if you are compromising already your life savings then its a different story.
since you arent aware on what you should gonna do on a particular situation and then in next time then you are full aware and this is where you do make appropriate action since you've been there already.
Gambling in general sense isnt bad but if you are making yourself some bad decisions that would compromise out specially on financial aspect then this is where things go wrong.
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Myth 3: If You Keep Playing, You Will Eventually Win Your Money Back.
>> Fact: The longer someone remains in active gambling addiction, the greater the losses.
This is what makes gambling business is so profitable due to this kind of behavior of most gamblers or lets say they could really break even if they do tend to play even longer >> Fact: The longer someone remains in active gambling addiction, the greater the losses.
and this one would even make the situation makes more worst and people should really realize these things but if you are willing to lose all of those amounts you do have or solely
been intended for the use of gambling then it should be find but if you are compromising already your life savings then its a different story.
Quote
Myth 6: Knowing a Game Well Increases Your Odds of Winning
>> Fact: Gambling games are designed to not have any aspect that will increase the odds of winning purely out of knowledge or skill.
Card counting in Blackjack would have never been disallowed in all casinos if this was the case. They were forced to make changes to the game because some players were too skilled or crafty to beat the house.>> Fact: Gambling games are designed to not have any aspect that will increase the odds of winning purely out of knowledge or skill.
There are so called skill-based games for a reason. Knowledge of the rules doesn't guarantee winnings but it may increase your odds.
Quote
Myth 3: If You Keep Playing, You Will Eventually Win Your Money Back.
>> Fact: The longer someone remains in active gambling addiction, the greater the losses.
This is what makes gambling business is so profitable due to this kind of behavior of most gamblers or lets say they could really break even if they do tend to play even longer >> Fact: The longer someone remains in active gambling addiction, the greater the losses.
and this one would even make the situation makes more worst and people should really realize these things but if you are willing to lose all of those amounts you do have or solely
been intended for the use of gambling then it should be find but if you are compromising already your life savings then its a different story.
Counter-operations on everything in life are absurd, and the same is applicable in gaming. If you lose, accept it and move on to the next thing, there are other days to win rather than being stuck on a loss that will leave you with regrets and some terrible judgments.
If your first impression of gambling is to win money, you should keep in mind that you could also lose what you are playing. This will guide you more on your gambling quest, especially if you intend to use money that is not yours or life savings because these are the things that can make a gambler becomes depressed when they lose money.
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Myth 3: If You Keep Playing, You Will Eventually Win Your Money Back.
>> Fact: The longer someone remains in active gambling addiction, the greater the losses.
This is what makes gambling business is so profitable due to this kind of behavior of most gamblers or lets say they could really break even if they do tend to play even longer >> Fact: The longer someone remains in active gambling addiction, the greater the losses.
and this one would even make the situation makes more worst and people should really realize these things but if you are willing to lose all of those amounts you do have or solely
been intended for the use of gambling then it should be find but if you are compromising already your life savings then its a different story.
Most of these are true but gambling addiction is indeed very hard to cure. Almost impossible. That’s because most gamblers don’t admit that they are sick in the first place. They simply don’t want to be cured because they think they are perfectly fine. To them, gambling is the only way to live the life.
You can’t really cure a person that don’t want to be cured.
The moment they get some money, they’ll gamble it all again.
Addiction is a rare disease which is very hard to recover if you wont help yourself and ask for others help as well. There’s always an answer for all this gambling myths, we just need to be more committed especially when it comes to recovery from a big addiction in gambling. Imagine putting yourself on a big trouble, there’s a chance to get away from that so better not to lose hope and if you think gambling is really not ok for you, leave the casino right away. You can’t really cure a person that don’t want to be cured.
The moment they get some money, they’ll gamble it all again.
Is myth 9 really a myth, like I don't hear people say that. Yeah, gambling might stir up some crime in addictive individuals but I think gamblers and the world knows better that, it just doesn't. Does prone to crime would always be drawn to it and it doesn't matter the field of human endeavor they are attached with.
It is good to gambling responsibly, addiction can lead to feeling of killing oneself, suicide or criminal activities. If someone gambles responsibly, he will be able to manage his finances carefully and appropriately, but some people that were lucky and had one chance of success, if they gamble and become addicted until all the money they had got lost to gambling, they can become helpless, not hopeful again and involve themselves in criminal activities. But home criminality is common, like stealing from one's father, which might not have been like that. Also it can lead to other ones like robbery, but I have only read about one of this type on news.Stick on being realistic and dont believe on things which arent even true or cant be possible thats why be wary and set limits then you wont really be facing any problems
that do attached with gambling.
Yes. The Myth 11: Feeling Lucky Means You’re Going to Win
When all are set which the coins I've got are already sent to my cold wallet yet few are still left on the exchange, I tried my luck on casinos thinking I could get luck with just one roll of a dice or lottery. Who knows. Rarely happen but whenever I get the extra lucky feeling I roll, I don't compare the pros and cons when I think I'm lucky.
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Myth 3: If You Keep Playing, You Will Eventually Win Your Money Back.
>> Fact: The longer someone remains in active gambling addiction, the greater the losses.
This is what makes gambling business is so profitable due to this kind of behavior of most gamblers or lets say they could really break even if they do tend to play even longer >> Fact: The longer someone remains in active gambling addiction, the greater the losses.
and this one would even make the situation makes more worst and people should really realize these things but if you are willing to lose all of those amounts you do have or solely
been intended for the use of gambling then it should be find but if you are compromising already your life savings then its a different story.
Is myth 9 really a myth, like I don't hear people say that. Yeah, gambling might stir up some crime in addictive individuals but I think gamblers and the world knows better that, it just doesn't. Does prone to crime would always be drawn to it and it doesn't matter the field of human endeavor they are attached with.
People believing that all gamblers will do bad things is a myth. They are engaged in criminal behavior if their country forbids gambling and yet they still engaging in gambling activity. But, not all countries banned gambling so not all gamblers are engaged in criminal activity.
For myth 3, I think it applies almost everywhere and that is one popular saying with multinational speakers. I think one of the most of it is with Thomas Edisson that is believed to have produced a light bulb in his 1000 triers. So many rubbish out there to make you believe and make you keep trying. For some, it helps but for others, you might be better off trying other fields.
It's a typical, knowing of one's self.
It's a typical, knowing of one's self.
But in gambling the more you stay to win your money back, the more you lose. It is a seldom occasion where a person wins his money back. About one in millions, just like in the lottery. Among those who regularly buy tickets for the lotto, only a few of them can take back what they spend on buying lottery tickets.
1 - the game was not designed to be addictive, in the same way that no one created alcoholic beverages to make people addicted. I'm shocked when people just talk about gambling addiction and forget that drink, cigarettes, sex, eating can all make people addicted. even stealing and lying can become an addiction
2 - although gambling is something very dangerous and risky, there are people who make a profit so it all depends on each person's strategy
3 - definitely a wrong way of thinking, strategically it would not be feasible to run after harm
6 - when a person knows the game, that person has a greater chance of winning, if a person plays something that they don't know, that person will just be constantly losing
2 - although gambling is something very dangerous and risky, there are people who make a profit so it all depends on each person's strategy
3 - definitely a wrong way of thinking, strategically it would not be feasible to run after harm
6 - when a person knows the game, that person has a greater chance of winning, if a person plays something that they don't know, that person will just be constantly losing
Is myth 9 really a myth, like I don't hear people say that. Yeah, gambling might stir up some crime in addictive individuals but I think gamblers and the world knows better that, it just doesn't. Does prone to crime would always be drawn to it and it doesn't matter the field of human endeavor they are attached with.
It is good to gambling responsibly, addiction can lead to feeling of killing oneself, suicide or criminal activities. If someone gambles responsibly, he will be able to manage his finances carefully and appropriately, but some people that were lucky and had one chance of success, if they gamble and become addicted until all the money they had got lost to gambling, they can become helpless, not hopeful again and involve themselves in criminal activities. But home criminality is common, like stealing from one's father, which might not have been like that. Also it can lead to other ones like robbery, but I have only read about one of this type on news. 
Is myth 9 really a myth, like I don't hear people say that. Yeah, gambling might stir up some crime in addictive individuals but I think gamblers and the world knows better that, it just doesn't. Does prone to crime would always be drawn to it and it doesn't matter the field of human endeavor they are attached with.
For myth 3, I think it applies almost everywhere and that is one popular saying with multinational speakers. I think one of the most of it is with Thomas Edisson that is believed to have produced a light bulb in his 1000 triers. So many rubbish out there to make you believe and make you keep trying. For some, it helps but for others, you might be better off trying other fields.
It's a typical, knowing of one's self.
For myth 3, I think it applies almost everywhere and that is one popular saying with multinational speakers. I think one of the most of it is with Thomas Edisson that is believed to have produced a light bulb in his 1000 triers. So many rubbish out there to make you believe and make you keep trying. For some, it helps but for others, you might be better off trying other fields.
It's a typical, knowing of one's self.
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Myth 1: Gambling Isn’t Addictive
>> Fact: Gambling is designed to be addictive.
Myth 2: Gambling Is a Way to Make Money
>> Fact: The house always wins, especially when it comes to compulsive gamblers.
Myth 3: If You Keep Playing, You Will Eventually Win Your Money Back.
>> Fact: The longer someone remains in active gambling addiction, the greater the losses.
Myth 4: If You Can Afford It, Compulsive Gambling Isn’t Really a Problem.
>> Fact: Compulsive gambling is a symptom of underlying emotional and coping problems.
Myth 5: Compulsive Gamblers Play Every Day
>> Fact: Gambling addiction can be continuous or episodic.
Myth 6: Knowing a Game Well Increases Your Odds of Winning
>> Fact: Gambling games are designed to not have any aspect that will increase the odds of winning purely out of knowledge or skill.
Myth 7: There Are “Hot” and “Cold” Slot Machines
>> Fact: Slot machines are programmed to promote problematic play and win for the house.
Myth 8: Gambling Is Only a Financial Problem
>> Fact: Gambling addiction causes problems that extend well beyond financial losses.
Myth 9: All Gamblers Engage in Criminal Behavior
>> Fact: Gamblers who seek and accept help can recover before they have to resort to criminal activity to finance their gambling.
Myth 10: Teens Don’t Gamble, Only Older People Gamble
>> Fact: Gambling is a bigger problem among teens than it is in adults.
Myth 11: Feeling Lucky Means You’re Going to Win
>> Fact: Distorted beliefs about luck are a key mechanism in developing gambling addiction.
Myth 12: Problem Gambling Can’t Be Treated
>> Fact: Any person with a gambling addiction is capable of full and lasting recovery with the right help and the willingness to accept that help.
from....>> Fact: Gambling is designed to be addictive.
Myth 2: Gambling Is a Way to Make Money
>> Fact: The house always wins, especially when it comes to compulsive gamblers.
Myth 3: If You Keep Playing, You Will Eventually Win Your Money Back.
>> Fact: The longer someone remains in active gambling addiction, the greater the losses.
Myth 4: If You Can Afford It, Compulsive Gambling Isn’t Really a Problem.
>> Fact: Compulsive gambling is a symptom of underlying emotional and coping problems.
Myth 5: Compulsive Gamblers Play Every Day
>> Fact: Gambling addiction can be continuous or episodic.
Myth 6: Knowing a Game Well Increases Your Odds of Winning
>> Fact: Gambling games are designed to not have any aspect that will increase the odds of winning purely out of knowledge or skill.
Myth 7: There Are “Hot” and “Cold” Slot Machines
>> Fact: Slot machines are programmed to promote problematic play and win for the house.
Myth 8: Gambling Is Only a Financial Problem
>> Fact: Gambling addiction causes problems that extend well beyond financial losses.
Myth 9: All Gamblers Engage in Criminal Behavior
>> Fact: Gamblers who seek and accept help can recover before they have to resort to criminal activity to finance their gambling.
Myth 10: Teens Don’t Gamble, Only Older People Gamble
>> Fact: Gambling is a bigger problem among teens than it is in adults.
Myth 11: Feeling Lucky Means You’re Going to Win
>> Fact: Distorted beliefs about luck are a key mechanism in developing gambling addiction.
Myth 12: Problem Gambling Can’t Be Treated
>> Fact: Any person with a gambling addiction is capable of full and lasting recovery with the right help and the willingness to accept that help.
because I read this and this topic, I am very curious about what actually influences many people to play gambling and an interesting fact is that people start gambling because of the words (myths) that are often said by their friends or family...
I agree with the research above because it was my first time playing gambling because of an invitation from my friend who said "gambling is a way to make money". now the days have passed and until now I still gamble but with controlled portions.
I'm a little curious, are there any mythical sentences above that make you all start gambling and can't stop gambling or even because the sentence above makes you a gambling addict or even stop gambling?
I think a lot of these are busted myths are very dependent on individual personalities and the state of mind that someone is in when they're playing. If someone is in a strong financial position and fully aware of the substantial odds against them, they are less likely to get hooked than someone who is a bit worse at math or in an unstable environment with low earnings. I think one prominent myth that is missing is the rather dangerous so-called strategies that people come up with, namely Martingdale, which only works if you have unlimited money (much higher than the casino) to keep doubling up until infinity when you statistically will be bound to win eventually - in reality you'll go bust long before the house ever does which is the inherent flaw in something that sounds so quaint.
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