Topic: Is this a good advice? - page 8. (Read 1258 times)

Playing each game in a casino has a higher probability against the gambler to win. In each game, a gambler will have a disadvantage against the house. The longer a gambler was having fun/entertained/aiming for the jackpot, the higher the chance of losing money instead of winning. The more you play, the more you get hooked on playing and losing money.

This advice won't bring you closer to the jackpot, instead, you will get closer to chasing your losses or chances of you walking out of the casino with less money in your wallet.

Definitely, a big lie I have proven it so many times this used to be my mantra but I totally abandoned it because it is chasing your losses and trying to beat the house which is something you never do when gambling.

If you don't want to become a beggar and lose everything don't believe this big lie that you are one step closer to winning the jackpot because this is a luck-based game, there's no guarantee on every roll, you can have as long as 20 losing run or even more trying to get to that jackpot, there's a possibility that those who are following this advice are using martingale method who keeps doubling in the hope that the next roll will recover all their loses.

This doesn't seem like a good advice to me, because it means that you are only gambling with the aim of winning the jackpot and that you should only stop gambling after winning that jackpot. We need to be realistic when it comes to gambling, the majority of us is not going to win a huge jackpot. The chances of ever getting our hands on a large sum of money through gambling is very small and only a few lucky gamblers will make it. If this statement was true that the majority of gamblers would never ever stop gambling, as they are still waiting for their jackpot. When it comes to gambling we need to not only look at money as the main factor, but also at time that we spend at the casinos. Depending on our family situation with a full time job, a wife and kids, it's going to be hard to invest a lot of time into gambling. That is why for me gambling is only something I will do in the evening after all the important tasks are done for the day. And when I lost my balance for the day or feel tired then I am going to stop, chasing a jackpot isn't a good idea.

But many of them gamble without thinking about the future risks they will feel, namely when they lose, they cannot accept the defeat they get so they become emotional and want to play again with the aim of returning the losses they have felt. And even if they play more often with the aim of recovering the losses they feel it will only make them lose more money, even they will spend all their savings on gambling because they think of the victory that is almost obtained as you said.
But they think wrongly, by chasing their losses they can become more miserable because they sacrifice a lot of money and even the assets they sell and the money from the sale is back in gambling. They can do anything if they are addicted to gambling, even if they do things that are high risk they will not care about it, the most important thing is that they can gamble again and again. Even though there are those who advise them to realize that what they are doing is wrong, but if they are already addicted to gambling, they can argue with those who advise them, because the thoughts that have been controlled by gambling will make them only think of ways to be able to gamble continuously, even they can forget or ignore other things because they only focus on gambling.


They do not realize the luck that is on them in terms of gambling, not everyone is lucky to get a big jackpot. even people who even spend all their money by betting in large amounts do not guarantee they will get a big win or jackpot. different from those who have luck in gambling, even though they bet with a small amount but if luck is on their side, maybe they can get a big win or jackpot. Not only is it done by beginners, even those who have been gambling for a long time they will do the same thing because they want a big win, I admit that all people who gamble want a big profitable win, because many people want to get rich but they take the wrong action. Those who want to get rich quickly but do gambling because of the belief that gambling can make them rich quickly or gambling is one way to get rich quickly, of course this is wrong, if they aim like this it is not right, because the opportunity to get a win that can change someone's life is not easy, basically gambling is created only for entertainment, fun, sesnsasi which is exchanged for money, the rest with a profitable win is just a bonus from gambling games. So they should realize the true meaning of gambling which is not to make them rich quickly or others.

Same thoughts goes to those who are betting in Lottery that in future they will hit the jackpot not admitting that they are already betting for years yet not even big win comes to their way.
that is the best example how gambling is lying in their players.
but if you are betting and gambling just for fun then you will never lose that huge and will never be lured wrongly from other stupid gamblers.

That has something to do with mentality and experience. I think they honestly believe that there is something that will happen to you if you do it hard enough. That's the trap I think set by real life and applied to the gambling state because it could make you more vulnerable to do more gambling because of the "possibility" that is just a "possibility" and no one can really claim it.

It's all games until you lack the responsibilities that you have. The person you are talking to probably is guilty with it

The idea of keep trying in the mind of gamblers is one of the reason some of them turn to addicted and irresponsible gambler, gamble is not one of the ways to get rich except your can manage the risk properly without getting too irresponsible with your gambling stakes, often times, this idea is the reason some persons loose every thing they have. While gambling, I know my limit and I tend not to exceed my limit like making extra stakes, even if I am on a winning  strike, I quit when I am a bit satisfied with the loses or wins. People who act towards the idea of keep trying oftentimes end up in regrets after losing everything they have.

I see it like this :

I will explain the gambling pattern of two types of gamblers, below

Gambler 1 - [ betting ....$1 ==========================================================================================================
==========================================================================================================
======================================================================================] Total spend after 7 days = $5000

Gambler 2 - [ betting for fun ..... Day1 $1 ======================  spend => $100 .... Day2 $1 ======================== spend $150 ...etc...] Total spend after 7 days = $1000

Now let's say Gambler 1 persisted and managed to win a small Jackpot of say $3000 ........ what was his end result ===> minus $2000  

What I am trying to say is this, the longer you play... the less you will win in the end..... so just play for fun and if you win... it will be a bonus.  

It doesn't seem possible, all gamblers definitely have hopes of greater achievement and hope can indeed make the situation worse but everything still depends on what is expected and how to make those hopes come true.
About hoping to win big and having to spend more time in the casino, this is clearly the wrong approach and has bad impact on everyone.

Well, that gambler mistake where they can't differentiate between what is good and bad for themselves, when they only listen to other people advice in gambling in the hope of winning then that is not something that should be heard or done.
We gamble and win when we are lucky and we ourselves determine when is the right time to gamble and how long in gambling to be able to risk money and have luck.
When gambler spends more time in the casino, the percentage of losses will also increase and they can even have greater risks.

Yup, it's true that people who listen to advice that they can win more when they spend more time and money are misguided people and it's hard to make people like this aware because they are covered by their own stupidity.
They should understand that what they are doing is just a waste, and what you say is the right thing, regardless of whether they reject it or not is their business, the most important thing is that you are right and firm in your stance.

Take that hope out and you will see fewer gamblers or gambling addicts.

That hope is what keeps them going. Let's say they only have 10 bets left in their wallet and they will still sacrifice all of those because they are hoping in the next 10 bets the jackpot will come out.
It's a perspective that keeps the gambler gambling because they know somewhere out there their luck will come in and they will win big. But knowing when that will come is unpredictable. All we can do is keep on betting and wish that it will happen as soon as possible before our cash runs out.

Well, you have the right application on how gambling should be. It should be fun and entertaining but there will be times that it feels like we are being cheated and we just want that money back so that we can continue that entertainment.
Try playing a high-risk jackpot style of betting like 3 lines in slots, 16 lines high risk in Plinko, or 15 bombs in mines, and you will feel like the RTP doesn't even exist.

That's probably because you're reading it too literal, the jackpot that they're talking about is the freedom from having to slaving away your life for your gambling habits and I think that it definitely is the truth because no jackpot in gambling will be worth compared to your time and life being spent on other much more meaningful things. Or I am the one that's reading this wrong then if so I would say that they're the type of people that worship the Gambler's Fallacy through and through and no amount of logic can dissuade them, that can only be true if the game that you're playing is rigged in a way that there's a set amount of plays and then will guarantee you a win.
That's gambler's fallacy for you and peer pressure at work, they are already miserable at gambling although they don't know it yet and so they are trying to drag you with them in that metaphorical muck that they're stuck in. What you're doing is the right thing so don't be so discouraged when you do that, some might say it's cowardice but that's the bravest thing to do in that situation which is walking away and calling it a day.
This is the right mindset but I do hope that you're practicing what you're preaching because treating gambling as an entertainment is a difficult thing to do especially with money involved, you will only know that you've done it when you lose big time but then you are still genuinely having fun at gambling and not just fake laughing to prevent yourself from crying over those losses.

Advice that seems strange, because no one knows that the luck of winning the jackpot will be on your side and maybe it won't happen until you actually lose everything and then realize that the advice is not true and actually makes you poor.
It's best not to easily believe in words that will actually turn things around, bet according to your own beliefs and according to your abilities both in terms of finances, time and the skills you have.
And enjoy your gambling game, maybe sometimes you are lucky and sometimes you lose. And have fun in your spare time with sufficient capital.

It is the most stupid Word you will be believing from other gamblers.

Imagine you are so close then why did not happened? because you are not destined to have that in Life.
Gambling sometimes is about destination and not just something that will always happen.
sad but reality that this is not true and only a term used By addicted gamblers so they will have something in common and that is being loser all their life.

Stand for what you believe and understand mate , listen to no one but yourself , because remember that your money is at stake and not theirs.

you have a good gambling attitude so better to continue as that.

A very bad advise indeed because it would really be just making you desperate because you are really that aiming for making money and not for entertainment.It all matters always on what are your
plans and intents towards gambling. If you do keep pushing forward because of the potential big wins that you are hoping, then stopping or quitting midway would really be unlikely.
This is why it would be advisable that never ever tend to hear out someones advise specially if its a fellow gambler.

Saying about you should not stop is something an addicted persons advise or simply they are really just finding someone that would do the same thing on what they are doing.
You would really be finding yourself on such big trouble if you are really that listening to them and following on what they are mandating.
Play according into your own will without needing others advise and recommendations.

No, that kind of word will just give a false hope to that gambler who just lost—a false hope that if he keeps on playing, he will eventually earn. What if that moment does not come? Will the gambler keep on playing until all of his money is gone, or will he suffer from debt or anything bad? That will never be advice or a way to uplift the spirit of a gambler. If you yourself are a responsible gambler and know how to control yourself, then you will advise them to stop and take a rest. Don't let your greed take over and lose control. That kind of advice or word is too risky; it has a lot of grey areas. If you are saying that it is just sharing the belief, then that belief is wrong; it will only lead to either a good or bad path. If you are experiencing numerous losses, then don't try to chase them.

It is a bad advice and it does not apply to gambing at all. Why do i say this? in gambling there are 99% chances of loosing, so why would anyone tell a fable about being closer to winning than loosing?

What should gamblers do? Focus on your gambling techniques especially the one that gives you highjer chances of winning. Have a gambling budget and do not do beyond your financial capacity.

Responsible gamblers do not have such advice for themselves they play the game by allocating their time well thus making them less excessive gamblers.
In my opinion, this kind of thinking is what makes gamblers continue to carry out their activities so that they can become addicted to gambling. People like this are usually very ambitious to win big, even though as we all know, gambling is not a way to make money or get a definite income, but rather to find entertainment.

How much time we spend on gambling does not necessarily lead us to good luck. The more we want to win, the bigger the losses we get, so we should be careful in carrying out gambling activities. Spending a lot of time gambling will encourage us to become compulsive gamblers.

It is a gambling thing and a belief between gamblers to always want to try again. You will not blame some gamblers or people who tell other gamblers this because they are only trying to share the believe which gamblers should have as a way to uplift the spirit of a gambler who maybe just lost. We have to just be careful who we are giving this advice, so we do not give to people who will misinterpret the meaning we are trying to convey.

Kinda confused with what OP said since the "quit too early" part and "not stopping or taking a break" part is contradicting. I'm just gonna assume it's the latter meaning, aka don't stop till you hit. Anyway, sounds like a dumb argument really, many people probably lost a lot of opportunities in their lives due to trying to hit some random opportunity they found and honestly, they have higher chances compared to gamblers who wish to hit it big in casinos. It's that same corrupted mindset that people think where money that isn't even theirs is already assumed to be, well, theirs!