Topic: Going all in and losing the bet - page 15. (Read 2487 times)

It's common for a gambler to think this way, even me have thought this when I am on a losing streak, you can also even see gamblers posting here in the forum claiming that a casino is rigging their games because they lost and they it should not have happened. at the end of the day, we gamblers are the ones who took the risk and can only blame ourselves.

The space favors the gamblers that are smart enough. Don't messed with the wrong odds because there are repercussions for some gambling actions. Carefulness should tended to, never back out from the process because we must ensure we're on the right path that will lead to winning. Risking everything and at the end of the day, loses are certain. We should always try our possible best to ensure we're grabbing significant profits. I know it's never an easy job but doing the necessary actions should be observed.

I won't blame the OP, what would you have done if you were in his shoes?

It doesn't matter if you bet smaller or big that causes the loss. You can choose to be betting with small amount and gradually you lose all your money at a single row. It's still the same thing as going all in with big amount of money. What OP did wrong was to continue betting after he had loss some money. If he had wanted to go all in let it be that it is the money he had made up his mind that he would be able to lose. I understand that Op did not gamble with the amount of money he was capable to lose.

Gambling is risky and not the Casion. Casinos only give you a platform to gamble along with good benefits that comes when you gamble with their platform. So, if the bonuses or stuff pushes the gambler to go all in, it's the Casinos faults.

Well listen you are not alone on this thought because it's almost everyone that feels this particular feeling when it comes to risking a big amount once on the game you feel will come through. Sometimes it's all frustration of thinking that you have kinda wasted a lot time playing and then you decide to risk it but at that instance sometime the gambler tend to be extra careful and even that extra carefulness makes you play the wrong game or option.

Such thoughts arise as in the OP, when the sample is small enough and the luck factor is the highest, which means the result can be absolutely anything. It takes several thousand or tens of thousands of outcomes to understand that the casino does not manipulate the result when the player goes all-in. The problem is that an ordinary player does not have enough deposits and money to make a long selection, and collecting a database with such a number of results is quite difficult. Therefore, there is no way to check, of course there are all sorts of auditors who check this, but I think that there may be a very small chance of manipulation. Although sometimes I think that the casino does not want to do this because if it becomes public, it will definitely lead to closure, and the management does not want to lose such a business. As a result, I would say that manipulation of results can be done by those casinos that are not afraid of losing their business; there are such things too.

It has always been a big mistake to go all in, even if a person is someone who has good results in gambling and has been a person who has a lot of profits, that person should never go all in. In many people's minds they think that since they are on a losing streak, when they go all in they will have great luck and will win a lot to the point of being able to recover everything they lost. but this is a very dangerous thought because people have lost everything they have in the casino, if we do research on how many people went all in and managed to win a lot of money to the point of leaving the casino with profits, we will see that things like these:


source: https://www.reddit.com/r/torncity/comments/il2tmv/lost_all_my_money_by_getting_all_in_the_casino/?rdt=42283

These are more common to come across than things like I made a lot of money doing Al in, that's not the casinos' fault, most casinos are provably fair. so it's not the casino's fault, it's the fault of the person who doesn't realize that in gambling everything is about probabilities, all gambling events and probabilities, the person is playing 10 consecutive games in which they are losing in 10 consecutive games, but in game 11 they win, there is no way for this person to guess that they will win in game 11. even if this event is repeated, in which the person plays again and has a streak of 10 consecutive defeats, this person in game 11 cannot do all in thinking that she will win just because in the past when she had 10 consecutive losses, she won in game 11. that's not how people should play, because they will lose all the money

Almost everyone feels like this in terms of losing everything to gambling, especially when you have been winning.
 
When you place a bet with a smaller amount, it will now look as if you have been targeted by the casino or they are playing with your intelligence in order to convince you to come in with a bigger amount. 

The thing there is just that we might be blinded by the amount of winnings that we are having using a small amount of money, and those lucks that lead to those winning might no longer be on the person's side when they go all in with a big amount, expecting to win something big in return.

Gambling is a game of chance to be played for fun if you bet with the hope of winning it will not be possible to recover in the long run. It is better to stop if the tendency to lose is high no one can blame anyone in the casino it depends entirely on luck. But when we gamble often our brains become accustomed to dopamine which makes it harder to achieve the feeling of winning. As a result we may have to gamble more and more to experience the same level of pleasure. Once he loses his capital along with his small gains he essentially becomes addicted to gambling in order to recover that money.

We all know that, casinos have the ability to manipulate results. Or in many cases, they just prove that this is just part of numbers and probabilities being played out. BUT you as a participant, you can also manipulate your own results however in a long process. You just need to do one thing and that is to bet on even sizes. If you are going to bet $20, then just bet $20 the whole time. Don't risk too much. Then once you reach your daily target of the day, just stop. Come back the next day and do the same thing. On this way, you are not losing big money on one go.

It's not like the the casino owners manipulate the result, that is the response from the brain to help bypass self blame of going all in. It's a common thing that happens, every gambler must have had this experience, just when their is this thought of it being our lucky day from the little winnings, on the process of going in with a good stake it turns out losing every of our funds. It may look hard to avoid repeating stuffs like this but we have to do so or else we may not like the outcome as well but gambling is all about the risk, probably one might become fortunate another time.

For me, I think you are just imagining things because you lost that bet. What if you bet smaller and didn't go all in? Would you be mad like this? I guess not. There are things that we can't control. Even though we are sure of our decisions and calculations, we still should have a safety net when we bet. You know that casinos are risky and kind of sketchy, but still, you bet all in. I think that part is your fault. Maybe next time you should be careful because we don't know; sometimes sh*t happens.

I always feel like that when I am betting, so I just bet small and safe so I won't regret it if I lose some money. Yes, sometimes I bet big, but not that much since I don't want to risk it.

Wow! so this feeling is actually felt by others too and the reason why I say this, is because that's exactly the way I feel everytime I decide to up my stake on a particular that have been going quite well for me but just because I want to have maybe the money doubled really fast, I would then decide to up my betting amount and for everytime I really tried it the end result is always against me but if I think of doing it without actually doing it the end result is goes the way I predicted but whenever you decide to play the results is something different.

The casinos don't manipulate us, though there are times that we may feel like being manipulated because we expect having same result as usual, but things doesn't really works like that in gambling, we can't predict for any outcome regardless of the kind of game we are playing, this most times have to do with luck, when the luck works for us, we can be having the wining coming and this may not last for a longer period before we begin to see the other side of the wining we have been having.

hahaha sometimes emotions interfere with the peace of heart and mind, taking the step to take everything out and thinking it will be better but in fact the House speaks differently and we lose what we already have, it is quite painful even though we have the intention of having fun in gambling, but will not feel happy if it feels like unfair.

The previous two wins that made him confident because he got an ace and thought that he would get much bigger so all in is a move that can make his bets multiply. But it is also quite tolerable for us to question the casino in the game because indeed an incident like the OP could have been deliberately made to steal the player's money, this needs to be questioned even though the answer is going in circles and the casino answers that it has done according to procedures and states that we behave fairly in all of their available game services.

BTW I also don't understand how the context of fairness is in a game against the house? Are there any peculiarities that we can identify as evidence that the casino is manipulating?

There is no cheating in that game what I think is you stake all in at the wrong time. If you can know the perfect time to stake all the money you have on one bet and you were lucky to to win that's your luck because that's the perfect time luck showed on your game.
However it's not everyone that gets the advantage of winning anytime they bet with all their money. The previous performance of your games can not outflows the present ones because they are not placed the same time and they are different tactics. That's why their is no assurance in gamble, if you are lucky to win this one you should be grateful about it because you might not have another chance to win again in that present games.

The gambler's fallacy is based on the belief that previous results can significantly influence upcoming results in a way that leads to frustration and a feeling of being cheated after a string of losses. Conversely, when players consistently win, they may become overconfident and ignore the fact that gambling is based entirely on chance.

Promoting the concept of emotional neutrality from a win or lose perspective is one of the aspects of responsible play. While achieving perfect neutrality may seem difficult, having a sense of balance is important. So you should consider each victory and defeat as an indelible part of statistical destiny.

When someone lose in gambling, he can thinks much about the casino. They can blames the casino because makes them lose their money and will playing gambling longer to recover their lost money. We don't knows if the gambling games is fair or not but we don't have to thinks about that because if we only wants to have fun in gambling, we don't have to thinks about win or lose. We only wants to fills our free time by playing gambling so we can accept whatever the outcomes and wants to having fun for a while. If you don't wants to lose your money, you don't have to playing gambling and keep your money for other things. Playing gambling only for people who wants to fills their free time and not trying to chase the win.

It does happen, especially if you are placing many small bets for too long already. The worst result I had on Hi-Lo game was 3 consecutive losses betting with more than 90% winning chance. It really seems unlikely to happen, because you never imagine you will lose 3 time in a row with so large winning chances at your favour, so it's natural we start doubting the legitimacy of the casino, although in the end we can't prove anything, besides being aware that even though the scenario is unlikely to happen, it's not impossible, anyway.

For that reason, I guess it doesn't worth to place bets with high winning chances anymore. Because even though there are massive chances of winning, the profit made is just too low and doesn't worth the risk which is still there, despite being a low risk bet. On long run, you will see this strategy is one of the less profitable and most treacherous ones. Personally, I learned that the hard way...

I can assure you that you ain't the only one who has had such an experience during betting.
I remember sometime back when I tried one spin the bottle game, because it was easy to guess if the bottle would stop in the top or bottom side after a spin. After much win with the minimum being $10, I would increase the amount and more often than not, I somehow loss till I have nothing left in my wallet balance.

I have so far tried to limit my access to such casino games because many of the times i get drawn in by the wins thinking that it's not enough until, poof, all monies have been depleted due to the thrill of winning little and  doubling my bet, hoping to win bigger.
It's all greed, but that's how the casino system works isn't it?

In my opinion, luck only appears when the casino is intentionally building a few variables to make us believe more in fairness or they are not paying attention to the gambler's activities, and it's simple to attract the casino's attention by betting big or going all in on one match. The casino will not explicitly manipulate and let the gambler detect, they still allow a few explosive wins because the casino understands that the gambler will have thoughts of luck in the following days, and there is no advantage like the advantage of someone who takes the initiative in dealing with a situation like a casino owner