Topic: Gambling Myths that we often hear - page 9. (Read 1310 times)

What I only believe is that "You cannot Gamble if you have no Funds" 

I don't know where did OP get those myths , but in gambling every gamblers has their own beliefs and myths , they are only joining in one thing and that is "To Win" that is all matters to gamblers and those myths are only for spectators lol.

It happened several times already in the gambling history where someone who knows about the glitch can take advantage/exploit it to make money. Dont you remember the story of Hufflepluff in Primedice who could exploit the glitch and stole more than 2k BTC? So I dont think exploiting glitch is a myth but it is a fact because online casino may have glitch(es) that can be exploited by users if they do not aware about it earlier.



Why only lottery? I think it applies to all type of gambling games. I'm not sure if it is a myth but in my opinion, there are always 2 possible results. The more you play, you have more chance to win but you have more chance to lose as well at the same time.

I don't know where you've heard that, but I've never heard those myths before. Whoever believes those things, like Gambling Is a Way to Make Money, is very foolish. Gambling can give you extra money at a given moment but you have to be aware that you are going to be a loser in the long run.

There is only one point where I see some truth. For example, in myth 6: Knowing a Game Well Increases Your Odds of Winning, it would be true if we count Poker within gambling. And in the case of casino games, it helps you lose less in the long run.

interestingly, all the myths we can discuss. I think this is going to be a very long discussion. however I'd go with the mythical option 6: knowing the game well, increases your chances of winning. 
Fact: Gambling games are designed not to have any aspect that would increase the chances of winning solely on the basis of knowledge or skill. 

I'm a little against this statement, maybe if slot machine games, dice, roulette, etc., fall into the mythical category 6, but there are other games that require knowledge and skills, especially experience.
One of them is poker, I think the game of poker is not as simple as the stated facts point. football, I like soccer gambling, I think it takes knowledge and analysis to increase the chances of winning every bet I want. so I think this 6th myth cannot be categorized for all types of gambling.

I'm not sure about the number one Myth given because there is none that i come across here tells gambling isn't addicting instead almost everyone pointed this but of course hard to resist and to deny.

while some of the listed are indeed true and for me isn't Myth at all.

and also while this is not a money making place yet everyone who gambles are looking for money to double or even higher .

There are many myths and superstitions when it comes to gambling in general and some which are specific to some games. For example something that I see all the time is people entering the casino by walking backwards as this supposedly gives them good luck.

However I have never seen more myths and superstition than among the players which like to play craps, a few of them are that if you are having good rolls then you should never change the dice and always ask for the same, never say the number 7, avoid touching the shooter when they are hot, the next roll will be a bad one if the dice get to the floor, but this one is overruled if you are having good luck and in that case the whole table will ask for the same dice.

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.

Those are just beliefs passed through generations by the other gamblers which are part of the daily lives of the people too, it depends on you if you will believe in this but nothing wrong with it. In this kind of era, we don't too much follow this because most of the time if you want to play gambling go ahead if you want to entertain go gambling the person's perspective only how they will spend their money in playing gambling.

Another gambling myth is thinking that you can cheat/exploit the casino, because the online casino has some kind of glitch.
Many gamblers fall into this trap. I don't know if this a myth or just plain stupidity.
Most gamblers, who say that they gamble for fun actually want to make money out of gambling. I don't know if this a myth or they are just lying to themselves(and everyone else).
Most of the myths in your list aren't widely accepted. Most people actually think that gambling IS addictive.

Another myth (maybe another forum member mentioned this before me):
"Playing lottery every day increases your chance of winning the jackpot".
In fact, winning a lottery jackpot is pure luck. You could win the jackpot if you bought only one ticket, or you could fail to win the jackpot, even if you bought a million lottery tickets.

You know I'm not contradicting what you mentioned mate, because everything you said is happening, there is no gambler or player in a game that doesn't want to win a profit. That's the goal of all of us, even if others say that it's just a hobby for them, that's not true, they still want to win, that's why you're called a gambler.


I just want to add something to what you said, I agree that a gambler has spent a lot of money before he gets the jackpot in a game, and usually, it is less than the total by the time he bets. So often even if you get that jackpot, this is what causes you to gamble even more and stay gambling as a gambler.

There is something in poker that can screw up your life, literally lol but it is used a lot, in a certain way it is true but the execution or result in individuality can transform it into a myth for some players.

The phrase they tell you when playing well but things go very wrong..." long term...".

 That somewhat capricious phrase but based on statistical mathematics does not lie in the expected result of a good game, but the reason for such a phrase to become a myth for some and rightly so, usually occurs with the so-called Badbeat, you make the right move and with the odds in your favor even up to more than 95% to win and that type of play becomes so frequent that it makes you doubt, so you start to make changes in the way you play, it affects you emotionally, and then you repeat to yourself "...in the long term run I have to start winning".
There are hundreds of stories of good players who have to bad streaks, these vary over time but can last even years and have an eventual return to profits with which in Certain cases such phrases are demystified, but it is not easy to understand them in the harsh reality of what it can mean for a good player who has been a winner for years and enters constant losing phases.


So I think that the approach with certain phrases that work for some and not for others, is based on the simplicity of probability.

In other words, they are not really myths, but the rudeness of enforcing them makes them a myth for some and reality or happiness for others players because it really works for them.

Definitely, majority of us are looking to win money, and there are others who really love to go and take the big risk with their money, all or nothing attitude. And it's part of the fun actually, to see your bet and your money and hope that in every spin of the reel in a slot machine, or the next flip of the card will be in favor of us. And at the end of the day, it's all about the money we spend and how much happy we are, whether we win or lose in the end.

I admit that the reason why I gamble most of the time is to make money, which is one of the myths listed above. Of course, there's fun in gambling and I agree that gambling should be treated more as a source of entertainment than a source of money, but it is actually the prospect of making money that makes gambling attractive. Remove that and gambling won't be as fun. Remove that and probably the majority of gamblers would quit. After all, gambling is about trying to win money. That's literally what gambling is all about.

Hey, Myth 11 does happen. It isn't a myth imo BUT I don't actually use it on gambling. I mostly feel like playing rhythm games since even if it requires skill, sometimes a little bit of luck can push you a bit further ahead. Might've done it sometimes with gambling but I still play mostly because, well, I just want to.

How Martingale players think (It does work with a big enough bankroll though). I mean if you were playing to get your money back, might as well NOT play at all no? It's shooting yourself at the foot. And if you play fps games, you know this isn't true

This shouldn't be applicable to games like poker no? Maybe even blackjack (and some other table/card games). Sports gambling as well if it can be included.

That is not right because if you do not realize how dangerous gambling is, you will still play and will become addictive someday, especially if you do not stop for a while to reduce your tension because of the result.
That is the myth and you do not have to trust that and just play whenever you want to play gambling so you do not have to feel anything.
Sometimes when people hear about some myths, they will feel afraid if they do not follow them because sometimes it affects our subconscious mind and tells us that we must follow and not try to break them.
Well, I do not know if that is right because it will return to us.

Like you said, it is because of those myth people starts or can't stop gambling. They first start gambling thinking that it is a one time thing and won't get addicted. But somehow they win some bets and becomes addicted to gambling. The adrenaline rush they get is what makes them come back to gambling. And then after few wins, they think that they can actually start making some quick money and get rich over night. They still keep on believing that they aren't addicted because "they can't get addicted to gambling".

I have to disagree with this point, at least when it comes to sports games.
Sports games or similar that who is based on some real-world event (and not just luck) have a real chance of providing profit for those who play smart.
Consequently, the winnings tend to be smaller than in gamblings like dices, roullete, cards, etc, but in my opinion it's possible to make a profit if the player has a deep knowledge of the bets he is placing and if he knows how to do it in an intelligent and well-planned way on sports games.

If i remember correctly, there is an existing thread that has the same topic just like this weeks ago but it ends up in the trash. Idon't know the reasons why it was trashed by mods. Well, i look for it won't happen to this thread too.

Although I agree with the others, I would say knowing a game well does increase your odds of winning.

This doesn't apply to every game though, as most are based on pure random. Also, knowing the game well will allow you to know the odds you're getting when you play, so you won't play games that are horribly bad for the gambler, instead you will only play those that are closer to 50/50.

There are games like poker for example, in which there are skills involved, you could in theory keep the count of cards that have been played, etc, and that definitely increases your odds of winning, as the game is not 100% random any more, things have changed in the game which affect the odds of future things happening, so if you can keep track of it, you can be in a slightly better position.

Still, I agree that games are designed so that the house has an advantage, but knowing the game well in some cases does indeed increase your odds of winning.

This is exactly what an addicted gambler will say to people who ask for stopping. They will think that more they play, they will win and turn back the money. But even for several years and until they have nothing to gamble, they can't  
Gambling addiction is aldangerous and this thought about keep playing will turn back money, is exactly myth.

I do agree with you, ignore myths whatever in gambling because gambling is not related to them. Gambling should be rational, avoid if we can control ourself in spending money to gamble before we get addicted. Think twice at first before entering gambling world whether we are aware and able to control ourself or not. If we can, just continue to play gambling rationally and responsibly.