Gambling Myths that we often hear - page 7.

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Quote from: DoublerHunter on August 10, 2022, 06:52:48 PM

Quote from: tabas on August 10, 2022, 05:11:37 PM

LOL at myth 3. We tend to be like that at most times when we're having a bad day and losing streak. We chase our losses and we think that we'll be able to recover it that quick so, we push and keep on playing with the thought that we'll eventually win.
But it's true that the longer we stay in gambling, the bigger losses that we might get as that's how it goes. And the house always wins at the end no matter how good or lucky you are.

^ There should be a counteraction to all of these myths.

Yes there are counteractions , because myths are just an opinion of someone , but now a totality of reality.

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Most gamblers are the same way on the number 3 and the reason there are too many desperate gamblers who turn into gambling addiction is that they keep chasing their loss and they can't control their ego and urge to gamble.

maybe some are not chasing losses, instead they are eager to win and not to get back the losses , they wanted to be an instant millionaire in gambling lol.

Quote

Though we know these all existed until now at least we know or we are already oriented here when it regards gambling addictions so these myths exist only for those new to gambling.
All we have to do is self-discipline.

discipline follows when we total understood what are we entering , until we know what is the future of our gambling activities yet we wont be able to have discipline .

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Quote from: lionheart78 on August 10, 2022, 12:19:07 PM

Quote from: ChiBitCTy on August 10, 2022, 10:37:13 AM

This is a pretty good assessment of all of the bullshit you hear out of peoples mouths who are against gambling and the legalization of gambling in their country/state/city. Now Myth number six here on your list I do not agree with necessarily. Yes this is the case for some games, but there’s a lot of gambling games where knowing how the game works well can absolutely benefit the player. Blackjack and poker are two prime examples.

Quote

Myth 6: Knowing a Game Well Increases Your Odds of Winning

Knowing the game well doesn't increase the odds of winning. Blackjack and poker may be categorized as a skill-based game but the initial cards in hand is affected by chance. Playing against an AI even debunks that idea since blackjack in casinos always has a fresh card shuffle every round. Probably if the blackjack game is PVP then we can consider that the myth is possibly true. Knowing the game mechanics such as knowing our opponents' strategy can make us create a strategy that can counter his, thus, we increase the odds of winnings.

Indeed , we cannot always expect what is in our mind and what do we desire to be the outcome , in gambling the more you gamble is the more chance to win but also the more that chance to lose also.
this is a place where 2 things can only happen if we will not consider to leave the place in right timing.
either cards or all types of gambling requires lick to win even how knowledgeable we are .

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Quote from: Renampun on August 09, 2022, 10:25:55 AM

Quote

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....

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 (but the pros and cons are still there) 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?

Myths 9
The number nine applies only to those gamblers who become completely bankrupt after gambling. Later they can't remove themselves from gambling and thus involve themselves in various anti-social activities to drain the economy.Those gamblers lost all their possessions and became disoriented and became addicted to drugs, robberies,and indulges in other anti-social activities.

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Quote from: Renampun on August 09, 2022, 10:25:55 AM

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?

Back then the second and sixth myth sentence is what encouraged me start gambling, I had that initial expectation of making money but like the fact says it always goes in the way of the casino. The sixth myth got to me when I was playing card games like baccarat and blackjack after getting to know the basics of these games I thought it'd be easier to win but like any other casino game, luck (bad cards and streaks) is still a big factor that can quickly burn your profit.

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Quote from: tabas on August 10, 2022, 05:11:37 PM

LOL at myth 3. We tend to be like that at most times when we're having a bad day and losing streak. We chase our losses and we think that we'll be able to recover it that quick so, we push and keep on playing with the thought that we'll eventually win.
But it's true that the longer we stay in gambling, the bigger losses that we might get as that's how it goes. And the house always wins at the end no matter how good or lucky you are.

^ There should be a counteraction to all of these myths.
Most gamblers are the same way on the number 3 and the reason there are too many desperate gamblers who turn into gambling addiction is that they keep chasing their loss and they can't control their ego and urge to gamble. Though we know these all existed until now at least we know or we are already oriented here when it regards gambling addictions so these myths exist only for those new to gambling.
All we have to do is self-discipline.

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LOL at myth 3. We tend to be like that at most times when we're having a bad day and losing streak. We chase our losses and we think that we'll be able to recover it that quick so, we push and keep on playing with the thought that we'll eventually win.
But it's true that the longer we stay in gambling, the bigger losses that we might get as that's how it goes. And the house always wins at the end no matter how good or lucky you are.

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Quote from: noormcs5 on August 10, 2022, 10:29:45 AM

Quote from: Yawa2020 on August 10, 2022, 04:15:46 AM

Quote from: Renampun on August 09, 2022, 10:25:55 AM

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 Myth 3 is simply the reason I nearly dropped out of school that year before I eventually come to realized the fact that the longer I keep playing to win, the more I will keep on counting my losses. I could remember a friend who used to geared me up with this myth and I foolishly believed. But come to think of it, what's the motive behind these myths? I mean why can't we be truthful to ourselves on the realities of gambling? Is it necessary to deceive ourselves with the myths? Smh

This myth is totally opposite of the reality or at least it is for me. The more you play, the more you will lose in gambling. This is what i have experienced.

If you want to be successful in gambling, then STOP playing as soon as you start to lose and again STOP playing as soon as you won in gambling. Not playing more may give you more wins.

Or shall we say that we shouldnt really wish nor hope about being successful on gambling in the first place because this would really give out that kind of hope and desperation to play more which isnt good imho.

We would really definitely lose in the long run on playing gambling.House do always win or you would lose up if you dont know on how to control yourself on stopping when you are in gains.

Realize on how or what gambling reality works so that you wont really be ending up on bad decisions and we've seen these myths very commonly.

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Quote from: Wapfika on August 10, 2022, 12:44:49 AM

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.

I think they should add compulsive to this myth because not all gamblers need to seek and recover since most of the gambler is just playing for fun. Only compulsive gambler can do such thing and actually this can be categorized as fact and not a myth anymore because people with gambling addiction is really resorting to criminal activity if they are lack of funds.

Why would anyone steal for gambling losses? That s the only criminal behaviour I know a gambler may do if things don't end well. There is nothing big enough to compel any gambler to engage in that kind of act unless one is threatened with death because some people go to the length of taking loans from loan sharks and we all know how dangerous they are when you refuse to pay back the money they lend you, even with death threats, there are security forces that can handle them.
Gambling is not a do or die stuff if it is not working, I see no reason why will anyone go to the point to get money to wager on gambling, that is the dumbest thing anyone will want to do even if they are addicted to it.

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Quote from: goldkingcoiner on August 10, 2022, 04:22:32 PM

There is also a lot of superstition among gamblers which I think you can add as a footnote to your list. Some of the superstition leads to more gambling and it would not surprise me if said superstitions came from the gambling dens of old, themselves.

To me, gambling is, was and will always be a fun activity to do if you have money that you can spare. By that I mean money that is not needed on a monthly basis for food or rent or whatever. And even then, you should never give yourself a gambling allowance which is too big. You can either spend minutes or hours gambling with a few dollars. But once that money is gone, you need to stand up and get going home, too.

Thats really the only way to enjoy it, at least, from my experience.

What happened to the myth you mentioned. Superstition in what sense. I may never have heard of superstition in gambling. Some people do have a unique pattern in gambling whether it's prayer or everything, but in general they draw a prayer or mantra conclusion where they have won big in gambling at that time or day and he will remember that time to be used as a benchmark for playing gambling on the next day.

some even experienced the same thing where he once won a big multiplier when he played one of the slots in the middle of the night and he concluded that playing gambling in the middle of the night could give a big win. Basically it's just luck. can we believe this can be lucky in our gambling.

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Quote from: Renampun on August 09, 2022, 10:25:55 AM

Quote

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....

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?

There is also a lot of superstition among gamblers which I think you can add as a footnote to your list. Some of the superstition leads to more gambling and it would not surprise me if said superstitions came from the gambling dens of old, themselves.

To me, gambling is, was and will always be a fun activity to do if you have money that you can spare. By that I mean money that is not needed on a monthly basis for food or rent or whatever. And even then, you should never give yourself a gambling allowance which is too big. You can either spend minutes or hours gambling with a few dollars. But once that money is gone, you need to stand up and get going home, too.

Thats really the only way to enjoy it, at least, from my experience.

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Quote from: NeuroticFish on August 09, 2022, 10:31:14 AM

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?

Well, I think this should be added to the list Cheesy

there are many out there, gamblers who are falling apart from running out of capital because they are stuck with the martingale strategy, it should be noted that this strategy is only for those with unlimited capital.

Quote from: yahoo62278 on August 09, 2022, 11:08:56 AM

Depends on the game but 1 thing I was always told when playing no limit texas hold em was " play bad you lose". 100% a true statement in my opinion.

Can you make money regularly gambling? I wouldn't suggest trying. Just have fun and gamble amounts that you can afford to lose.

may you are right, the research above is not 100% accurate enough, but for everyone to be able to play with full awareness and not push ourself.

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Quote from: ChiBitCTy on August 10, 2022, 10:37:13 AM

This is a pretty good assessment of all of the bullshit you hear out of peoples mouths who are against gambling and the legalization of gambling in their country/state/city. Now Myth number six here on your list I do not agree with necessarily. Yes this is the case for some games, but there’s a lot of gambling games where knowing how the game works well can absolutely benefit the player. Blackjack and poker are two prime examples.

Quote

Myth 6: Knowing a Game Well Increases Your Odds of Winning

Knowing the game well doesn't increase the odds of winning. Blackjack and poker may be categorized as a skill-based game but the initial cards in hand is affected by chance. Playing against an AI even debunks that idea since blackjack in casinos always has a fresh card shuffle every round. Probably if the blackjack game is PVP then we can consider that the myth is possibly true. Knowing the game mechanics such as knowing our opponents' strategy can make us create a strategy that can counter his, thus, we increase the odds of winnings.

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Quote from: Renampun on August 09, 2022, 10:25:55 AM

...

Myth 2: Gambling Is a Way to Make Money
>> Fact: The house always wins, especially when it comes to compulsive gamblers.
...

Well, it seems to me that after all, the main profit of the casino does not come from the participation of avid gamblers, because according to statistics they are less than 1% of the population, and the decisive contribution to the profit of the casino is made by people who are willing to part with some amount of money on a one-time basis and for entertainment in a given situation.

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This is a pretty good assessment of all of the bullshit you hear out of peoples mouths who are against gambling and the legalization of gambling in their country/state/city. Now Myth number six here on your list I do not agree with necessarily. Yes this is the case for some games, but there’s a lot of gambling games where knowing how the game works well can absolutely benefit the player. Blackjack and poker are two prime examples.

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Quote from: Yawa2020 on August 10, 2022, 04:15:46 AM

Quote from: Renampun on August 09, 2022, 10:25:55 AM

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 Myth 3 is simply the reason I nearly dropped out of school that year before I eventually come to realized the fact that the longer I keep playing to win, the more I will keep on counting my losses. I could remember a friend who used to geared me up with this myth and I foolishly believed. But come to think of it, what's the motive behind these myths? I mean why can't we be truthful to ourselves on the realities of gambling? Is it necessary to deceive ourselves with the myths? Smh

This myth is totally opposite of the reality or at least it is for me. The more you play, the more you will lose in gambling. This is what i have experienced.

If you want to be successful in gambling, then STOP playing as soon as you start to lose and again STOP playing as soon as you won in gambling. Not playing more may give you more wins.

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Quote from: pakhitheboss on August 10, 2022, 09:10:13 AM

Quote from: coin-investor on August 10, 2022, 08:54:49 AM

Quote from: Renampun on August 09, 2022, 10:25:55 AM

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 also agree with these myths, the only way to become a good gambler is to know the fact and the lies about gambling these myths are lies created by those who deny that they are lured into gambling, only when we know the truth about these myths we become free and we can think clearly when we are playing, we have to think rationally and don't let our feeling to rule us when we are playing, this way we can stop when it is the right time to stop.

There are many myths about gambling and one of them is that a person can make money every month through gambling. I started gambling when I was just a kid with card games, as once year we have a festival known as diwali wherein we gamble to seek a positive luck. It worked sometimes but when you become greedy it never went positive. Since the amount was small and it was an early stage, it did not bothered me. As time passed by I understood a few principal about gambling, which are still helpiing me. Those are, forget about the loss, play with small amount and if you lose forget it. I still enjoy gambling and anyone will also enjoy it, until they forget about those rules or principles.

There are really misconceptions about gambling that make us put our hopes in it believing that it could change our lives instantly. Sometimes, we focus on winning and disregard our losses believing that we could still recover them and win over the house but we're actually being taken by too many emotions. Having the wrong mindset and believing that gambling could make us rich will surely lead us to greed that could make us lose more in the future.

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Quote from: coin-investor on August 10, 2022, 08:54:49 AM

Quote from: Renampun on August 09, 2022, 10:25:55 AM

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 also agree with these myths, the only way to become a good gambler is to know the fact and the lies about gambling these myths are lies created by those who deny that they are lured into gambling, only when we know the truth about these myths we become free and we can think clearly when we are playing, we have to think rationally and don't let our feeling to rule us when we are playing, this way we can stop when it is the right time to stop.

There are many myths about gambling and one of them is that a person can make money every month through gambling. I started gambling when I was just a kid with card games, as once year we have a festival known as diwali wherein we gamble to seek a positive luck. It worked sometimes but when you become greedy it never went positive. Since the amount was small and it was an early stage, it did not bothered me. As time passed by I understood a few principal about gambling, which are still helpiing me. Those are, forget about the loss, play with small amount and if you lose forget it. I still enjoy gambling and anyone will also enjoy it, until they forget about those rules or principles.

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Quote from: Renampun on August 09, 2022, 10:25:55 AM

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?

None of the above myths got me addicted, maybe excessive pleasure that made me become an addict in the past, I don't think there is a myth but rather think about facts. There are many facts that are true in the points above, myths 10 "Fact: Gambling is a bigger problem among teens than it is in adults" The fact is that teenagers often gamble because few of them think about old age. So the money they have earned from work will be directly played without the burden of living problems.

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Quote from: Oasisman on August 09, 2022, 06:59:45 PM

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.

This is closer to the myth about the origin of funds (money laundering) than to gambling myths.
As for comparing spending on games and saving money, I see you yourself understand the incorrectness of comparing these two actions. An unexpected jackpot is more like a sudden cashback, which is a pleasant event in any case since the previous gambling spending was a payment for entertainment. That is, in this version, the player received pleasure + an unexpected gift.

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Quote from: Renampun on August 09, 2022, 10:25:55 AM

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 also agree with these myths, the only way to become a good gambler is to know the fact and the lies about gambling these myths are lies created by those who deny that they are lured into gambling, only when we know the truth about these myths we become free and we can think clearly when we are playing, we have to think rationally and don't let our feeling to rule us when we are playing, this way we can stop when it is the right time to stop.

Topic: Gambling Myths that we often hear - page 7. (Read 1297 times)