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Topic: Logic of some gamblers against math - page 2. (Read 518 times)

hero member
Activity: 952
Merit: 662
December 16, 2023, 05:00:00 AM
#88
Addicted gambler doesn't even care with math, if they care with match they already know they can't make money through gambling due to house edge. When they hit huge multipliers and earn a lot money, they think the amount they make is a bonus, so they will gamble it without any pressure in order to earn more.

That's why someone can't stop to gamble, either you lose or win, you will keep gamble.
sr. member
Activity: 476
Merit: 337
December 16, 2023, 04:56:19 AM
#87
If really good logic was used then it wouldn't be that kind of thinking, but they would know that luck won't come second time at almost the same time.
But if it is said to be strange logic then it is true and usually gamblers with thoughts like that will never be satisfied with their winnings, in fact they will lose more or even more than the winnings they have already won.
If luck can come back then I sure there will be no gamblers who will lose more after winning and continue to gamble again, they will definitely get the same win again.
It just that in reality what happens is that the win is win that cannot be repeated and every gambler should be able to take advantage of the win by withdrawing it, even if only part of it, at least there is money that can be secured.

And it is true that calculated correctly using mathematics, the chance of that luck being achieved again will be smaller.

The gambler who had good intentions to win will bet on the most possibility option in the gambling site.The gambler who find the best possibility in the gambling can easy make money from the gambling site,but most of the gamblers won’t satisfied with their win.So they will do the betting for the longer period,the gambling loss may occur as the mathematics law defines of loss after the win.If the gamblers who not satisfied with the small win may forced to face the big loss in the gambling site.After this the gambler should not spread bad about the gambling sites.The reason for the gambling loss is he doesn’t agree with the gambling giving winnings for their gambling game.
A gambler can only choose which game he thinks can provide big chance of winning and this is just like having confidence in one of the game choices in the casino.
After all, no gambler knows when they will be able to get larger multiplier, but there is thought that often occurs where gamblers think they will be able to get the same win or multiplier.
But apart from that, it can be called feeling of dissatisfaction with what you have got, there are also other factors such as the pursuit of making money, but I still can't understand how gamblers have thoughts like that.
I sure they have experienced repeated failures several times because of their own ambition but they don't learn from these failures and still believe in clear beliefs that only bring destruction, isn't this very detrimental?
The actual calculation in mathematical law is that there will always be price that must be paid if you get profit and defeat is the payment. We must understand logically that there is no victory without defeat.
No one can avoid it but we can minimize it by being wise gamblers, we must be able to save or withdraw certain amount of winnings to protect it so that when we lose we don't lose anything bigger than the winnings we get.
You apparently correct but most times, even the games that we don't trust win but the ones we trust get cut sometimes, however I do like to say that luck is the number one thing a gambler should pray for and not to trust an odd because no odd is sure, every odds have a chance of losing.
No body will ever tell you this unless you sit down to think about it, this same situations makes most gamblers to gamble more and also lose more anytime they are trying to chase their losses.
Although I don't blame those gamblers that are trying to chase their losses because most of them have use a loan money to gamble or someone's money, but the truth is that no gambler should ever use a loan money to gamble, instead they should not gamble if they done have the money to catch the fun.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
December 16, 2023, 04:28:52 AM
#86
it is not a "gambler bias error" but rather the various marketing messages people receive when you use a gambling site.
it's obvious owner of platoforms can't point out how impossible it is to achieve certain stats in long term Roll Eyes
That's why, they have to rely on luck and other "irrational" things Wink
Actually I think it is. It is natural for us gamblers to continue whenever we get a good result and especially if we hit a massive multiplier. I never heard that a casino encourages people to play more whenever they are lucky. There is no need for them to say this, and I think, or they think it will going to sound too good to be true.

But, there is a saying about gambling/gamblers that gamblers are stopping right before they hit the jackpot. IDK if the casino owners are also involved with that but better if we won't believe on that because what for sure is real is that gambling owners are always going to win at the end. That is due to the house edge.
hero member
Activity: 1302
Merit: 503
Leading Crypto Sports Betting & Casino Platform
December 14, 2023, 09:38:30 PM
#85
If really good logic was used then it wouldn't be that kind of thinking, but they would know that luck won't come second time at almost the same time.
But if it is said to be strange logic then it is true and usually gamblers with thoughts like that will never be satisfied with their winnings, in fact they will lose more or even more than the winnings they have already won.
If luck can come back then I sure there will be no gamblers who will lose more after winning and continue to gamble again, they will definitely get the same win again.
It just that in reality what happens is that the win is win that cannot be repeated and every gambler should be able to take advantage of the win by withdrawing it, even if only part of it, at least there is money that can be secured.

And it is true that calculated correctly using mathematics, the chance of that luck being achieved again will be smaller.

The gambler who had good intentions to win will bet on the most possibility option in the gambling site.The gambler who find the best possibility in the gambling can easy make money from the gambling site,but most of the gamblers won’t satisfied with their win.So they will do the betting for the longer period,the gambling loss may occur as the mathematics law defines of loss after the win.If the gamblers who not satisfied with the small win may forced to face the big loss in the gambling site.After this the gambler should not spread bad about the gambling sites.The reason for the gambling loss is he doesn’t agree with the gambling giving winnings for their gambling game.
A gambler can only choose which game he thinks can provide big chance of winning and this is just like having confidence in one of the game choices in the casino.
After all, no gambler knows when they will be able to get larger multiplier, but there is thought that often occurs where gamblers think they will be able to get the same win or multiplier.
But apart from that, it can be called feeling of dissatisfaction with what you have got, there are also other factors such as the pursuit of making money, but I still can't understand how gamblers have thoughts like that.
I sure they have experienced repeated failures several times because of their own ambition but they don't learn from these failures and still believe in clear beliefs that only bring destruction, isn't this very detrimental?
The actual calculation in mathematical law is that there will always be price that must be paid if you get profit and defeat is the payment. We must understand logically that there is no victory without defeat.
No one can avoid it but we can minimize it by being wise gamblers, we must be able to save or withdraw certain amount of winnings to protect it so that when we lose we don't lose anything bigger than the winnings we get.
sr. member
Activity: 1288
Merit: 231
Hire Bitcointalk Camp. Manager @ r7promotions.com
December 14, 2023, 06:57:03 PM
#84
Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?
This is as a result of the joy most of them gets from winning for the very first time in their life and most people who happens to think this way are just those who are new to gambling because an experienced gambler should be able to know that winning don’t happen that way it’s something that they can’t control because you win now does not mean your next game will be successful it’s better to take home what you have won than for you to continue playing and lose all that you have won to gambling.

Those newbies who are new to gambler are just too eager to win more and multiply their money which is the reason my most of them don’t end up making something out of it, because they gamble until they have exhausted all that they have left with the hope and intention that their day to make it have finally arrive why not make good use of that chance, making good use of that chance is what usually take them to losing.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
December 14, 2023, 06:44:31 PM
#83
Heater is what gamblers usually call that, reason being that it's a particular section when you're gambling where most pressure is at. Now, as for the reason why gamblers tend to do the stupid thing and bet higher on multipliers is because they can flip their losses easily even if they win just a single round in that. I've experienced this myself first hand and it was very awesome to say the least. The argument for those consistent winners who still keep on betting on heaters despite the fact that they already won is of course, to make more money.

Does this make sense to an outsider? No? Is there a method to their madness? Yes. So in these types of situation do I mostly exempt gambling for profit since there's a really good chance in these settings, but then again, the losses will suck too, if that's a gamble you're willing to make, then so be it.
sr. member
Activity: 658
Merit: 387
December 14, 2023, 05:50:21 PM
#82
Wenn you have been trying to win something for über sometime and you have always been failing, you will consider those times, which you have been losing, as not being your lucky day. Und wenn eventually luck comes to your side for just einen bestimmten Day und you where able to win einen Game, that Period, you will also consider that Day your Lucky Day – it's normal. 
 
While you consider that your lucky day, going back all in is not a wise thing to do unless you are not a responsible gambler. The best thing to do is to first remove your profit from the amount won, then you can continue gambling, but why gambling? You should always not forget to set a lose limit and always keep to that limit, and not to allow your self lose focus as a result of trying to chase lose or luck thinking: There is another big win, if you can try again. If the person loses to his daily limit, they should
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
December 14, 2023, 05:33:45 PM
#81
This is because winning gives joy and increase your bankroll. Even people that are gambling for fun wouldn't never put it in their mind of losing because since they are disciplined gamblers, they will love to spend less of their income on gambling and play more games. So if they win, it will be a plus to their upfront games that they will bet on. It is in human that every good things is worth having over and over again and this also applies to gamble. The more you win the more you keep playing because you believe that you will continue winning, but most times this turns out to be the opposite.
You are correct. One of the biggest reasons why they will continue betting is the increase in bankroll. After a jackpot, we have that opportunity to test our luck and maybe bet 1/10 of those profits. A gambler will definitely be brave enough to do that not thinking about the profit being cut by 10 percent. The feeling of, it won't matter to him because the jackpot was too high.
Another reason is the curiosity of the unknown. Betting another set after a multi-win becomes normal to a gambler who has been doing this for most of his gambling sessions because it has become a habit.
How I wish I saved all my graphs on what's happening after a multi-win so I can share it with you guys. It's always a sharp red downward graph after a jackpot and it happened a lot of times in my experience. The worst thing is, it's going to happen at any original games so a good solution would be to switch to sports or slots.
hero member
Activity: 700
Merit: 673
December 14, 2023, 05:16:32 PM
#80
Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?
I see this as a common behaviour by gamblers who are just blinded by greed. If you win a game and you have made a large profit, the first thing that's needed for you to do is to withdraw more than half of the money down to your wallet or account, whichever one you like making use of, and then if you still need to lay,  you can leave a small amount of that money in there that you can use to try luck back.
 
But it will be very foolish of the person if they think that the same luck that made them win the first time will continue again to the next game, as that might only lead them to losing everything they have won from the first game. If they don't apply wisdom, the casino will never say they won't take back what they have given to you; in fact,  that's what they even want from you to continue losing.
hero member
Activity: 1176
Merit: 543
fillippone - Winner contest Pizza 2022
December 14, 2023, 04:27:58 PM
#79
Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?
Where do you get that luck from dude? Does mathematics have a general law? I don't really get you and I how you will expatiate more on what you mean by chance of law becomes lesser. Gambling is all about luck except we are betting on skill games that requires more of our skills for us to win a bet. Even the bet too can be more of luck because I have seen many people that bet on games I never believe they could win that game. Whether we are always lucky or not we need to gamble responsibly and make sure we don't gamble too much.
hero member
Activity: 1470
Merit: 790
ARTS & Crypto
December 14, 2023, 03:14:17 PM
#78
It's called a heater mate.

You are supposed to keep playing on the heater until you meet a cold section. Most of us especially me, sometimes on the heater not only keep playing but raise the bet by maybe 20-50%. In the heater, you can turn on for 2-4 weeks lose back to even with just a single section. One things people should aware, just need to set up a limit win and stop while you got cold section (streak/multiple lose) after your heater.

Yes, the chance are same but one things people should learn keep doing/bet on heater until you lose after keep betting + raise your bet and then bet back to original bet. That's it, and then call the day.

These choices that gamblers make aren't logical and can't be mathematically explained, just like a rabbit in the headlights keeps running straight, a gambler who hits a winning streak gains confidence to play more and a gambler on a losing streak thinks he has to come even to go home, or that there's a big win just waiting for him next time he bets, he just has to go through all the hurdles of lost games to get to that one.

Don't expect any hardened gambler to be able to explain why they're doing it. They just do, and if you come between them and the game, you're the enemy, not the casino. They'll attack you, even when you're friend or family.

It’s true, mathematics is a thing against which nothing can be done. And if you flip a coin, then each time the chance of the side not falling out will increase. Game theory and mathematical statistics are the most interesting branches of mathematics. But the fact is that most people are uneducated in this regard, I don’t want to offend anyone with these words, on the contrary, among gamblers, mostly smart people, but they are proud and believe in their luck. But you need to approach the game with cold calculation. Nothing in our lives is determined - life is one huge RANDOM and we need to understand and accept this. And if you come to terms with this, then life becomes easier, and forecasting too.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
December 14, 2023, 02:59:58 PM
#77
It's called a heater mate.

You are supposed to keep playing on the heater until you meet a cold section. Most of us especially me, sometimes on the heater not only keep playing but raise the bet by maybe 20-50%. In the heater, you can turn on for 2-4 weeks lose back to even with just a single section. One things people should aware, just need to set up a limit win and stop while you got cold section (streak/multiple lose) after your heater.

Yes, the chance are same but one things people should learn keep doing/bet on heater until you lose after keep betting + raise your bet and then bet back to original bet. That's it, and then call the day.

These choices that gamblers make aren't logical and can't be mathematically explained, just like a rabbit in the headlights keeps running straight, a gambler who hits a winning streak gains confidence to play more and a gambler on a losing streak thinks he has to come even to go home, or that there's a big win just waiting for him next time he bets, he just has to go through all the hurdles of lost games to get to that one.

Don't expect any hardened gambler to be able to explain why they're doing it. They just do, and if you come between them and the game, you're the enemy, not the casino. They'll attack you, even when you're friend or family.
hero member
Activity: 1652
Merit: 518
OrangeFren.com
December 14, 2023, 02:48:30 PM
#76
If really good logic was used then it wouldn't be that kind of thinking, but they would know that luck won't come second time at almost the same time.
But if it is said to be strange logic then it is true and usually gamblers with thoughts like that will never be satisfied with their winnings, in fact they will lose more or even more than the winnings they have already won.
If luck can come back then I sure there will be no gamblers who will lose more after winning and continue to gamble again, they will definitely get the same win again.
It just that in reality what happens is that the win is win that cannot be repeated and every gambler should be able to take advantage of the win by withdrawing it, even if only part of it, at least there is money that can be secured.

And it is true that calculated correctly using mathematics, the chance of that luck being achieved again will be smaller.

The gambler who had good intentions to win will bet on the most possibility option in the gambling site.The gambler who find the best possibility in the gambling can easy make money from the gambling site,but most of the gamblers won’t satisfied with their win.So they will do the betting for the longer period,the gambling loss may occur as the mathematics law defines of loss after the win.If the gamblers who not satisfied with the small win may forced to face the big loss in the gambling site.After this the gambler should not spread bad about the gambling sites.The reason for the gambling loss is he doesn’t agree with the gambling giving winnings for their gambling game.
hero member
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Merit: 585
Leading Crypto Sports Betting & Casino Platform
December 14, 2023, 02:41:31 PM
#75
Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?
That's called a gambler's instinct, a gambler, when winning, thinks that they are going to win more, and when they are losing, they think that they are going to win in the next bet but that next bet never comes but they still don't lose hope. A gambler never leaves hope unless it's a responsible and sensible gambler who understands that they are just going to keep losing if they continue either after a winning streak/big win or if they are constantly losing their money in a game.

You can barely talk sense into such a gambler who doesn't listen to themselves because of the greed that darkens their mind once they start winning, they only start thinking of winning after that and can never think of the negative consequences of their actions or think of exiting while they are still in profit.
hero member
Activity: 1092
Merit: 507
Leading Crypto Sports Betting & Casino Platform
December 13, 2023, 09:20:35 PM
#74
Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?

Everyone has a greedy nature, and is dissatisfied with what they have got, so most gamblers who have won are likely to continue playing by increasing the amount of their bets which could result in them losing the winnings they have earned as well as their capital. what they are betting on, because the winnings they have obtained are a lure or bait given by the gambling company to convince them of gambling which can provide very big wins which can even change someone's life even if the winnings they have obtained are lost and also their capital is also lost, but chances are they will tell their friends that the site they played on was good, and also maybe when they lost their winnings they at least thought they could get their winnings back if they gambled again.

but this is the opposite, where luck doesn't seem to last long for someone, so if they have won, it's best to cash in the winnings they've gotten or at least cash out some of the winnings with the amount of capital they initially deposited, that way even if they lose their winnings At least the capital they bet at the beginning is still safe and has not been reduced.
legendary
Activity: 3346
Merit: 3125
December 13, 2023, 09:06:30 PM
#73
Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?

I have seen gamblers doing this many times, and 90% of the time, it doesn't have a happy end for the users. They end up losing it all. But some lucky users get big wins back to back, and i consider myself one of those lucky users.

As you can see on this thread, i hit a x9900 and 2 minutes after that i get another x9900... And i know maths says it shouldn't happen, but luck says it's possible.
https://bitcointalksearch.org/topic/m.62847426

Now, when i win big i take like 90% of the profit and keep betting until lose the other 10%, that way i don't feel bad after my session.
legendary
Activity: 2436
Merit: 1008
December 13, 2023, 06:55:47 PM
#72
Now being greedy is something that you should always avoid because in gambling, its hard to get the same winning result so if you are able to have the profit better to get your capital out and secure some profit before you gamble again or you can just totally leave and enjoy your whole profit.

I wouldn't called that as a greedy act but there are gamblers who just wants to tried their luck more. Others are able to get a win more while unfortunately, there are others who are not able to control themselves and at the end, their whole bankroll plus winnings were lose.

For sure if you feel the same luck when doing gambling, you will try even more to play and won't stop because you feel lucky at that time.

It's now on your own actions if you will get out immediately after a big win or you will try your luck for more rolls since you are lucky.
sr. member
Activity: 2422
Merit: 357
December 13, 2023, 04:17:46 PM
#71
Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?
The probability to win in gambling is low and that numbers didn’t lie because that is the reality.
Now being greedy is something that you should always avoid because in gambling, its hard to get the same winning result so if you are able to have the profit better to get your capital out and secure some profit before you gamble again or you can just totally leave and enjoy your whole profit.
sr. member
Activity: 868
Merit: 267
SecureShift.io | Crypto-Exchange
December 13, 2023, 03:55:42 PM
#70
Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?

Unconsciously, the gambler has compounded his money.
There is no mathematical calculation that can be reconciled with this, the system has its own methods that we ourselves don't know the technicalities of.

According to personal experience, there is no guarantee that I will win if I use the money I have doubled to bet again.
That's just a trick of the human brain, when its mind is preoccupied with winning, it automatically becomes greedier.

If they win, then they will do it again, until they lose and realize it doesn't work.
hero member
Activity: 910
Merit: 636
December 13, 2023, 03:26:33 PM
#69
Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?

The biggest mistake a gambler would ever make, this multipliers usually comes after several failed attempts, and when it finally comes, what's the possibility that it's gonna come again, after that round, you know the saying, you can't eat your cake and have it. I think what drives gamblers to go into such an adventure is greed. You make a significant win by luck and then you automatically assume that you'll be that lucky again because you want more. Some even go as far as betting all their wins on the next round and then end up loosing it all.
This is a common misconception of a player, he invented for himself that he was lucky and believed it. After that he continues betting. There are a lot of such misconceptions when players come up with anything they want just to continue the game and get the emotions they so need. Also, many players study on the Internet or on forums various mathematical strategies that replace concepts. You need to understand that most of this information is nonsense. It is better to double-check information from various sources and try it yourself on small amounts for a long time. Because if we don’t do this, the loss will come to us.

Lol, funny enough this is common amongst several gamblers, makes me wonder where they get this perspective from. Whenever I find myself in that position, the first and only reflex I get is to run, not just walk away, I run away with my winning, because I know that whatever that will make me to spend more time there would result to me loosing the winning and even more. Because after loosing the winning, you'd be filled with nothing but rage and regrets, and those emotions combined in a gambler's heart can make a gambler take irrational decisions that would likely send him into ruin and damnation.
I’m glad that you understand this, the winnings go to a few, and those who keep it are very few, I would even say that there are almost none. The main thing is that they won’t come back after a while. It’s interesting that there are those who won more than $1 million and never dealt with gambling again (I need to find interviews with such people, I’m interested in what they think and think about). I take my hat off to them, it's cool. You still need to control yourself and not make a mistake, this is much more important than trying to do everything perfectly correctly. We can't be robots.
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