How tricky is this? - page 2. | Bitcointalksearch.org

Natsuu

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Quote from: Cnut237 on December 07, 2020, 05:52:59 AM

Quote from: Smartvirus on December 04, 2020, 02:56:24 AM

"In an accumulated bet, why is it often the last games that goes rugged and you end up loosing what's supposed to be a best bet and was already preparing for a cash out or the next step"

I don't think this is the case. It's just that it's more noticeable when it's the last bet.
Similar to how whenever you join a queue at a supermarket, it feels like it is always the slowest moving queue and people in the nearby queues are getting to the checkout much quicker... but actually what is happening is that you only notice it when you're in the slower queue... when you're in the faster queue, you never even think about it.

This might be the explanation for the "syndrome" they are talking about. The fact that the last bet is noticeable in an accumulated bet, makes it more crucial, and thus inflicts a sense of loss in our minds. We don't really happen to count all of the wins and losses in an accumulated bet, but instead, we most probably notice the first and the last bets when you put it in a spreadsheet.

rhomelmabini

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Quote from: PaulBf1 on December 07, 2020, 06:14:59 AM

does the syndrome really exist ? or you just came up with it upon your past experiences?

Probably just past experiences and more of just bad decisions I suppose that it tends to happen. More often than not if you have already have profits then let that one be in play not your capital. I think relying on what's suppose to be the best chance of winning isn't that nice remember even if that's the case the scenario will always be a 50/50.

PaulBf1

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does the syndrome really exist ? or you just came up with it upon your past experiences?

ice098

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Quote from: ethereumhunter on December 07, 2020, 03:49:48 AM

Yep, gambling is not a place to get passive income. There will be a time for us to have to lose in gambling. But if you know that when you win, that will be the time for you to stop gambling, you will not face near success conditions because you lose in the next rounds. It needs more control to say to yourself that I am must stop after this, no matter what the result is. But greediness can always tell us to continue playing gambling.

Indeed, there is no assurance in gambling, but sometimes we mistakenly treat gambling as our investment which should we not do, because we cannot stop our losses once we do all in, we cannot make some scalping nor arbitraging, we may feel that oh maybe because we're close to winning that's why we lose, for me, it is only natural for us to lose it is part of the life, if we win that's good our strategy is improving if we lose it's a lesson for us.

Cnut237

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Quote from: Smartvirus on December 04, 2020, 02:56:24 AM

"In an accumulated bet, why is it often the last games that goes rugged and you end up loosing what's supposed to be a best bet and was already preparing for a cash out or the next step"

I don't think this is the case. It's just that it's more noticeable when it's the last bet.
Similar to how whenever you join a queue at a supermarket, it feels like it is always the slowest moving queue and people in the nearby queues are getting to the checkout much quicker... but actually what is happening is that you only notice it when you're in the slower queue... when you're in the faster queue, you never even think about it.

ethereumhunter

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Quote from: XCANA on December 07, 2020, 02:33:33 AM

Quote from: pilosopotasyo on December 05, 2020, 09:54:57 AM

There's a saying by wanting more you lose a lot, it's hard to predict when you are going to lose gambling is base on luck, you never know what's going to happen in the next roll or bet, you just have to accept it as it is, no use crying over spilled milk, just don't be greedy and learn when to give up.

There's nothing tricky about this sincerely, the human wants that brought this upon man is the greed of a man. The fundamentals in gambling should be known for gamblers before venture into gambling, this will help gamblers understand the clear terms in mind before gambling. Gambling is not a place to get passive income like others think loud, gambling should be handle with fun and as entertainment, but, gamblers has chosen this as an avenue of earnings centers which is not right that make it tricky while we loss through greed.

Yep, gambling is not a place to get passive income. There will be a time for us to have to lose in gambling. But if you know that when you win, that will be the time for you to stop gambling, you will not face near success conditions because you lose in the next rounds. It needs more control to say to yourself that I am must stop after this, no matter what the result is. But greediness can always tell us to continue playing gambling.

carlisle1

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Quote from: XCANA on December 07, 2020, 02:33:33 AM

Quote from: pilosopotasyo on December 05, 2020, 09:54:57 AM

There's a saying by wanting more you lose a lot, it's hard to predict when you are going to lose gambling is base on luck, you never know what's going to happen in the next roll or bet, you just have to accept it as it is, no use crying over spilled milk, just don't be greedy and learn when to give up.

There's nothing tricky about this sincerely, the human wants that brought this upon man is the greed of a man. The fundamentals in gambling should be known for gamblers before venture into gamb

This must be addressed to those people that encouraging their friends or family to try and venture gambling because they are the one responsible for what will be the future in gambling of those they had push into this Habit.
before letting them Learn about gambling they must learn first what can be the outcome and how much dealing they had to invest and when to quit.

Quote

Gambling is not a place to get passive income like others think loud, gambling should be handle with fun and as entertainment, but, gamblers has chosen this as an avenue of earnings centers which is not right that make it tricky while we loss through greed.

There are two type of gambler,

The one who wanted to enjoy and just release stress because of the Thrill gambling canbring.

The other is the Gambler who want's to increase His financial status in easy way but while doing this he only drops His chance of having what he wants.

XCANA

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Quote from: pilosopotasyo on December 05, 2020, 09:54:57 AM

There's a saying by wanting more you lose a lot, it's hard to predict when you are going to lose gambling is base on luck, you never know what's going to happen in the next roll or bet, you just have to accept it as it is, no use crying over spilled milk, just don't be greedy and learn when to give up.

There's nothing tricky about this sincerely, the human wants that brought this upon man is the greed of a man. The fundamentals in gambling should be known for gamblers before venture into gambling, this will help gamblers understand the clear terms in mind before gambling. Gambling is not a place to get passive income like others think loud, gambling should be handle with fun and as entertainment, but, gamblers has chosen this as an avenue of earnings centers which is not right that make it tricky while we loss through greed.

TheUltraElite

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Quote from: Wexnident on December 06, 2020, 02:24:41 AM

It's like that stupid (I call it stupid even though I used it lmao) strategies of examinees in a multiple-choice exam. If you had a question with no answer, and the past few answers were all C, the chances of it being C is less unlikely, according to your bs reasoning pulled up from who knows where.

For competitive exams though those who are doing that have no chance of clearing the lowest cutoffs. Cheesy

Quote from: Lorence.xD on December 07, 2020, 02:19:14 AM

I do not think that it has anything to do with luck, the casinos just mask the word probability to deter doubts from casino players. You said it already, the possibility to win is mathematically which cancels out the involvement of luck, sure we consider it luck but have we ever consider the definition of luck or consider its existence. If gamblers think logically then luck is not their go to for reliance when playing.

If and only if gamblers would think logically, they would stop gambling altogether. I mean logically they are going to lose more than win - which diligent person would spend another second on such a place? Grin

AicecreaME

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Quote from: dimonstration on December 06, 2020, 06:59:18 PM

Quote from: TheUltraElite on December 06, 2020, 01:51:05 AM

On reading the OP, I am reminded of The gamblers fallacy as something similar to this in a broader perspective.

The gambler thinks that they are going to win on the next game but that next game never happens to be a win. Possibility of a win is there mathematically but in reality it is just luck when you are playing against the odds that is an EV- game.

Hence I think every gambler should think logically which many of them cant do anymore and limit the amount of bankroll being spent.

Sometimes we believe what we think will happen since that's what we wish and aim for. I also sometimes believe that what we say and think will going to happen so whenever I watch game before I keep on telling and speaking the TEAM I bet with to win, but sometimes luck is not really on us that we lose. It will be on the matter of how we see our win or lose and controls ourselves over those winnings or losing we experienced.

I also believe in the same thing and I apply it in my everyday living, but I think it's not applicable to gambling. Positive thoughts attracts positive energy, that's what they said, but it's only for good things I guess that we're wishing to have. Well, since gambling is a bad habit and a bad way of earning money as what the society says, makes it hard to apply that motto. There's just luck alone that exist in gambling, without it, you'll never make profits.

And forcing yourself to believe on the same thing all over again in gambling will just make you peril in the long term. We have to be mature in decision making in gambling in order to fight greediness to avoid losing so much money in gambling.

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Quote from: TheUltraElite on December 06, 2020, 01:51:05 AM

On reading the OP, I am reminded of The gamblers fallacy as something similar to this in a broader perspective.

The gambler thinks that they are going to win on the next game but that next game never happens to be a win. Possibility of a win is there mathematically but in reality it is just luck when you are playing against the odds that is an EV- game.

Hence I think every gambler should think logically which many of them cant do anymore and limit the amount of bankroll being spent.

I do not think that it has anything to do with luck, the casinos just mask the word probability to deter doubts from casino players. You said it already, the possibility to win is mathematically which cancels out the involvement of luck, sure we consider it luck but have we ever consider the definition of luck or consider its existence. If gamblers think logically then luck is not their go to for reliance when playing.

maydna

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Quote from: dimonstration on December 06, 2020, 06:59:18 PM

Quote from: TheUltraElite on December 06, 2020, 01:51:05 AM

On reading the OP, I am reminded of The gamblers fallacy as something similar to this in a broader perspective.

The gambler thinks that they are going to win on the next game but that next game never happens to be a win. Possibility of a win is there mathematically but in reality it is just luck when you are playing against the odds that is an EV- game.

Hence I think every gambler should think logically which many of them cant do anymore and limit the amount of bankroll being spent.

Sometimes we believe what we think will happen since that's what we wish and aim for. I also sometimes believe that what we say and think will going to happen so whenever I watch game before I keep on telling and speaking the TEAM I bet with to win, but sometimes luck is not really on us that we lose. It will be on the matter of how we see our win or lose and controls ourselves over those winnings or losing we experienced.

Perhaps, you will see your team win in the next rounds, but not at that match. Luck will not always come to us, even if we keep thinking about what we want. But the luck will come again in the future at the right time, so you can expect to get your luck again.

Yes, controlling ourselves will be the important thing that we should have in gambling games. We can't hope that our mind will succeed to objectify what we think. It will depend on the luck factor that will help that thing to happen. If it's related to gambling games, we always want to see we can win, but it will not always happen.

chaser15

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Quote from: Smartvirus on December 04, 2020, 02:56:24 AM

It's always never funny when this happens. What's the trick about it, is it that, bookmarkers just knows and tends to push the game to the last in the series for an accumulated bet option or it's really bad luck, if there is such a thing as bad luck or other reasons. What really is the trick about this scenario.

No trick behind it. We are playing gambling here.

It's just that not all the time, luck will always on our side even how professionally analyzed those matches.

Accept the fact that it's not easy to win in sports betting especially in parlays. If things that easy, we shouldn't see a majority of losers here.

Ziskinberg

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Quote from: dimonstration on December 06, 2020, 06:59:18 PM

Quote from: TheUltraElite on December 06, 2020, 01:51:05 AM

On reading the OP, I am reminded of The gamblers fallacy as something similar to this in a broader perspective.

The gambler thinks that they are going to win on the next game but that next game never happens to be a win. Possibility of a win is there mathematically but in reality it is just luck when you are playing against the odds that is an EV- game.

Hence I think every gambler should think logically which many of them cant do anymore and limit the amount of bankroll being spent.

Sometimes we believe what we think will happen since that's what we wish and aim for. I also sometimes believe that what we say and think will going to happen so whenever I watch game before I keep on telling and speaking the TEAM I bet with to win, but sometimes luck is not really on us that we lose. It will be on the matter of how we see our win or lose and controls ourselves over those winnings or losing we experienced.

We need to make a calculated move because we calculate the risk in gambling, if we based only on our emotion, that is gambling without proper planning and we would not succeed in the long run. If we keep making this mistake from time to time without learning, then I'm afraid gambling is not for us.

It's only okay if you are doing pure entertainment but the fact that you are also aiming to win some, you need to change the way you see gambling.

dimonstration

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Quote from: TheUltraElite on December 06, 2020, 01:51:05 AM

On reading the OP, I am reminded of The gamblers fallacy as something similar to this in a broader perspective.

The gambler thinks that they are going to win on the next game but that next game never happens to be a win. Possibility of a win is there mathematically but in reality it is just luck when you are playing against the odds that is an EV- game.

Hence I think every gambler should think logically which many of them cant do anymore and limit the amount of bankroll being spent.

Sometimes we believe what we think will happen since that's what we wish and aim for. I also sometimes believe that what we say and think will going to happen so whenever I watch game before I keep on telling and speaking the TEAM I bet with to win, but sometimes luck is not really on us that we lose. It will be on the matter of how we see our win or lose and controls ourselves over those winnings or losing we experienced.

plvbob0070

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Quote from: ?? on ??

Quote from: plvbob0070 on December 04, 2020, 11:23:54 AM

It's so much disappointing when you are in this situation because you already have that hope but then, your bad luck strikes. Several situations may happen to the players or in the sport itself that's why even if it's already the last game, it can't be always on our side. It's indeed upsetting but for me, I just always try to move on after some time and think that I'm always not that lucky. If it's not meant to be, then I will just try my luck next time.

Sometimes I believe that they make an algorithm that if you will near to success you will lose that game, maybe consecutively win needed to have losses, I think maybe it is only misfortune or a piece of bad luck but it will all depends on you, when you win, better to save some of it so that you will already have your winning money , then bet the half of it, it is just a safe play not to lose too much if you feel that bad luck will come and will wash out your money.

We won't reach that part of "success" if we wouldn't try, and I think that's the reason why most bettors who have this kind of experience still keep on trying their luck. But sometimes greediness can really mess up our luck and I'm somehow guilty about this because I've experienced this near success thing. Your suggestion is good tho, but when you're feeling lucky because of your consecutive wins, it's kinda hard to think that bad luck will come to mess it up.

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Quote from: TheUltraElite on December 06, 2020, 01:51:05 AM

On reading the OP, I am reminded of The gamblers fallacy as something similar to this in a broader perspective.

The gambler thinks that they are going to win on the next game but that next game never happens to be a win. Possibility of a win is there mathematically but in reality it is just luck when you are playing against the odds that is an EV- game.

Hence I think every gambler should think logically which many of them cant do anymore and limit the amount of bankroll being spent.

To be specific, the gamblers fallacy, or also known as the monte carlo fallacy, is basically how an event that continuously happens is less likely to happen on the next occurence. It's like that stupid (I call it stupid even though I used it lmao) strategies of examinees in a multiple-choice exam. If you had a question with no answer, and the past few answers were all C, the chances of it being C is less unlikely, according to your bs reasoning pulled up from who knows where.

It is indeed reasonable to correlate it to gambling, since most people new to gambling have that mindset. Unfortunately for them, the chances of winning DO NOT accumulate, they reset with each try, with each game, with each cycle. It isn't like pity in gacha games where after x amount of rolls, you get a guaranteed character.

TheUltraElite

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So anyway, I applied as a merit source :)

On reading the OP, I am reminded of The gamblers fallacy as something similar to this in a broader perspective.

The gambler thinks that they are going to win on the next game but that next game never happens to be a win. Possibility of a win is there mathematically but in reality it is just luck when you are playing against the odds that is an EV- game.

Hence I think every gambler should think logically which many of them cant do anymore and limit the amount of bankroll being spent.

supine

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There is no trick on this as a sport bettor we should be aware that in sports everything could change even in a short period of time the game phase could instantly change.
And we don't have an effect on their match so we couldn't also say that it is our bad luck.

AicecreaME

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Quote from: abhiseshakana on December 05, 2020, 10:44:11 PM

Quote from: ?? on ??

The over complicated mechanics in betting is sometimes what lead to a loss such 1-0 and 0-0 type of bets, and most gambling platforms has this. So in the end the house still wins, that's why i only play simple when your favourite team wins you get the cash but if not you'll lose.
Consider changing to other platforms if you want profits.

Yeah, you were right .. It's undeniable that the houses have a greater chance of winning our money than our chances to win their money. Because of the odds made by them, it designed to the house's advantage and it's all been planned carefully.

If we're going to have more chances of winning than the house, then they will be bankrupted and will be forced to close their business. Gambling sites always win because they have a bankroll to make each day to make their business run as long as possible. We all know that the risk of losing our money in gambling is high but still we continue to gamble. I guess that's not the fault of gambling site anymore since we're the one who's responsible for our decisions.

We just have to avoid putting the blame to somebody if it's clearly our fault why we always continue losing money in gambling.

Topic: How tricky is this? - page 2. (Read 923 times)