Topic: Going all in and losing the bet - page 13. (Read 2474 times)

In a casino, most games where you play against the casino are designed so that the casino has an advantage over you. Yes, you can win all-in, but the probability that you will lose in this game too is more than 50%. The best thing you can do is simply not to play against the casino. That is, do not play games in which the casino has an advantage. Sports betting is, if anything, fairer. There is always a lot of uncertainty about winning. You bet your money on a sports match where the bookmaker has set some probabilities for different outcomes. But these probabilities may be wrong because no one knows who will win this match. As for roulette and other similar casino games, the probability of outcomes is very clear. And it works against the player.

That kind of game is termed "impossibility" when you gamble a match you know it can't even play but just took the risk. Some may call it odd playing. That's a kind of situation where the strong team will be given 1.22 odd while the weak team will be given like 10odd. If you stake with the strong team with $100 you may end up winning $122  and if you also play the weak team of 10odd with $100 you may end up winning $1k but it is an impossible prediction, but trust me many people usually win from it but not on a regular basis maybe occasionally.

Knowing that we are sure to lose, many times we bet in such a way with the hope of earning a lot of money with a very small amount of money. In betting where a team is very strong and the team playing against that strong team is a very weak team then if we bet for the weak team then we will be paid several times the money profit if the weak team wins. But when we see such an equation, the equation is more likely to go against us because it is natural that the stronger team will always win against the weaker team.  The stronger team wins but sometimes the weaker team unexpectedly wins when those who bet against the weaker team with a relatively small amount of money can achieve much more with a smaller amount of capital. Basically, this is an opportunity to make a profit by betting on a relatively weak team with a small amount of money.

No one has fault of what happened other than yourself but this should be more of a lesson than just a blame; you just became greedy of your bets. Concept of gambling is that you either win or lose, without assurance. Given this idea, why would you be betting all in if you're not sure that you'd be winning? If you lose then you're not lucky in that bet, as easy as that. Manipulation exist but not to all platforms and all instances 'coz that would simply ruin the platform itself. Just accep that you lost that bet and that you should not do such thing again to bet an amount you won't be fine losing. Anticipate the possibility of losing to at least restrict yourself from putting that much in a single bet. There are other people losing bigger money than what we usually engage, there will always be however if it is 'all in' on your end, then that makes a difference. We have different risk tolerance and as a gambler you should know yours.
The right thing to do in all instances. We will never have control of the outcome in every bet. But I guess it would be better to expect the worse simply because this is gambling we are talking about. Regret indeed is a common response after a loss but that won't make things better on your next bets; either you become frustrated or hopeless.

There is what we call a house edge but casinos still can pay more than the house edge that they can get to the player once the player got lucky and win huge amounts of money. With that said, will you still say that there are no gamblers that can win? And a win is still a win, no matter how much we have lost in the past, and as they say " past is past".

This quote is very important to be applied in gambling so that gamblers can remain calm and be contented. Casinos has already the edge but there may be some who are still greedy to cheat or manipulate their games. I guess this will still be noticeable the longer we play at them and we can report/flagged these casinos down.

Inside gambling everything is possible, risk is high even in a small chance of losing I mean even in a low odds bet like what happened to OP it's more likely a 90+% but still lose his bet, I guess yoloing is something that gamblers needs to control, thinking that it's a high chance winning potential and take the risky all in bet, then after losing that gambler will surely think that he's been cheated as gaming house can manipulate the outcome of the game, forgetting that even how high the chance of winning upset can still happen when you are dealing with gambling.

The best approach is to accept that outcome and move on, forget about adding more money inside your bankroll or add more deposit and re-try your chance to recover back, most of the time you'll just end up losing more.

In gambling there will be wins and losses and wins and losses but I don't understand how reasonable it is to gamble on a budget because your budget is limited. If I can win some money then gambling will not be played with any budget. But in gambling first you play for fun then in gambling if you win money once then you get addicted to it again and again that I can win money by gambling again and again but from this side it can be seen that the chances of losing money are more than winning money. So everyone should refrain from this kind of gambling because gambling never brings happiness and peace in one's family life, he himself cannot be at peace, so the number of people who have happiness in their life by gambling is less.

Those games that are so easy and basic, it is like the coin game, sometimes we are Sure that some results can come out, and if one dares to think that the casino manipulates the game , well if one loses in that, well he says no It is possible that I need a card that is more likely to come out with the one that is less likely to win and it does not come out, but since that is the way the Casino plays and wins , they will always have the house advantage, Sometimes we cannot be 100% sure of what we are going to do because things can be very complicated and can make the difference.

This has also happened to me, especially with craps, sometimes I follow a logic, but it fails, then some results are given in a gap of Numbers that are lower or in the middle and those favor the casinos and one as a player loses, This is very Annoying , but that's the game , I think that has happened to all of us.

Well I think I will write from my little experience as a gambler, I believe that's our thought playing on us as to why must it be that the moment we risk it huge the end results always goes sideways and the funny thing is that sometimes we actually do win when we risk alot but the mind and the brain fails to always record those ones because it's what we are expecting but when the results goes sideways, it's then the complaint come because the supposed results anticipated was not the outcome.

I feel you. It;s natural to feel disappointed after a loss. I actually sometimes ask the same question on myself when I feel frustrated about the result of the game I didnt expect to come out as expected. Which later made me realize that wins and losses are part of the game. And in order for me to not feel the same thing again, I just set a budget, gambling with what I can afford to lose.

Have you entered a multiplier above 100x? I've also played Hi-Lo and honestly it's a fun game in my opinion. You can stop playing and cash out your money at any time. Of course it is very painful when you get a high multiplier and then your money is lost because you got AS. But I think that will only happen if you continue and continue your game. I personally will cash out when I get to 10:90 on a high multiplier because usually you will lose. For example, if I get Hi 10% and Lo 90% then I will choose to cash out my bet.

Losing when you are all in or not can not only make us blame the casino by saying there is manipulation because you are all in and so on, but there are many other things, for example blaming the internet because you think the connection is slow, making the results not as expected, even blaming your children or those closest to you and that is human nature, even though it happens because we can't predict exactly what will come out in a game based on luck because we can only predict.

There is no way or strategy to minimize mistakes in gambling, everything that is done is just effort and can go well but also vice versa so we have to be able to accept it

Starting to think that the casino is not fair, manipulate the bet, or knowing our bet pattern then change the result, these are the most common responses from gamblers who cant accept losses. What you need to have in your mind is exactly that losing chance is always bigger due to house edge favor to the house. Not only in such a luck based game but also in sports betting with low odds (under 1.1), losing chance is still there so you should never think that you will always win although your winning chance by math is big.

especially for casinos that already have a gaming license, the possibility of them cheating the players is very low because they are regulated and supervised directly by the gaming commission. and even reputable casinos won't be so careless as to destroy their reputation by rigging games just to make money from their players. most likely it has to do with their algorithm, which is in their favor.

When a person faces a difficult situation, one of the most common reactions is to try to find someone to blame for what is happening to them, and in your case you thought about blaming the casino and even think that it could have been cheating you all along.

But unless you were playing at a shady casino, this is unlikely, you simply misjudged the situation and made a bet you could not afford, then the worst possible outcome came to happen and you need to accept responsibility for those losses, as you are the only one that is at fault here.

You know and understand that the bookmaker needs to win too, otherwise it wouldn't be open.  I don't believe it's manipulation, but you need to understand that going all in is stupid.

They (casino) maybe need to cheat in order to continue to exist and survive in the gambling industry... even the probability mechanism on slot machines, in my opinion, so far does not rely on 100% luck alone, but there are other people who make it like merchandise with the appeal of fun. Yes, it's true that casinos can take money from betting between pvp... but for money from betting between dealer vs player, it's easier for them to commit fraud that we don't realize.

Sometimes we are given a win just to make us feel that today is a lucky day, even though some future casino bets arrange it as a losing period for gamblers.

That's why I never risk too much money gambling against the casino... but gambling against other players or sportbet might make a little more sense.

I agree.

You're in a guessing them and it's highly needed to be lucky to win with this kind of game. Knowing that you have a pattern that you believe is working and can be read by you.

If it's about being lucky, it's not really how it goes when luck doesn't hitting you with your bets. They're all unpredictable so as your fate with gambling so don't be too confident if you've got strategies that you believe they're working 100%.

They dont have to rig the bets, the casino already has an advantage in their favor.  They require people to play and if they do they will profit, thats the basic requirement for a profitable operation.   If you find a place thats desperate and willing to risk their reputation and even the entire business if found out then sure its dangerous at that point but it shouldn't be the case that anywhere with customers is going to perform such a self defeating task.

Humans are naturally drawn to activities that offer the potential for high rewards, even if they entail significant risks. This propensity for risk-taking is deeply rooted in our psychology. When luck seems to be on our side, we may grapple with the decision of whether to seize the opportunity and go all-in or to exercise caution and avoid potential losses. This internal conflict reflects our innate desire for greater rewards with the fear of regretting our decisions later on.

Many people do tracking their win-loss records and identifying patterns to inform their future decisions. Gamblers attempt to predict the next card or in other forms of gambling, the perception of control over outcomes can influence behavior and decision-making. People can approach gambling with a clearer understanding of their motivations and make more informed choices by recognizing the role of luck, the allure of high stakes, and the quest for fairness.