Logic of some gamblers against math - page 3.

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Quote from: imthegreat on December 12, 2023, 11:02:18 AM

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 gambler after getting some multiple of their betting,he will like to check of their luck survival.Most of the gamblers was not satisfied with some dollars after the winning,he will look more from the same gambling site.But they had forgot about the bad luck which is the problem of the gamblers in gambling site.Not only according to the mathematics,according to the gambling algorithm also the second luck is just an illusion in the gambling.

Quote from: Sim_card on December 13, 2023, 12:45:47 PM

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.

The winnings will give us joy,but the loss also give us the sorrow.Many of us not ready to talk about the dark side of the gambling,the gamblers should accept both the condition before start of the game in gambling sites.The gamblers should withdraw after their winnings is my opinion on this.

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Quote from: imthegreat on December 12, 2023, 11:02:18 AM

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 confusion in the process of gambling is completely different from a person who has time to reflect on it and see silly problems that he himself does not want. To be more precise, it is the behavior of a gambling addict who just wants to continue without stopping, and the greater the greed, there will be no stopping until the addict loses all the money on the next bets.

Psychological behavior is influenced by external influences, it is gentle and exciting, making it difficult for players to know the mistakes behind them. So before deciding on something that is a big risk, always think about your next life, and the impact on your family. I think the moral core of doing anything other than gambling, whether lucky or not, is to understand that this field is not for the majority to win.

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Quote from: summonerrk on December 13, 2023, 01:20:37 PM

Quote from: Sim_card on December 13, 2023, 12:45:47 PM

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.

Perhaps you are right, the jackpot is something that changes the life of the winner but also affects emotions. I can't imagine what kind of explosion of endorphins occurs in a person's head, and perhaps for the brain it is much more valuable than the actual gain in monetary terms. And it's scary, because it's very difficult to calm down in this state. And only a few will be able to tell themselves: I was just lucky, I need to calm down, take the money and leave the world of gambling.

The change from someone hitting a jackpot from gambling won't last long and it's only temporary because soon they'll be back to risking that money on gambling in the next few sessions and then losing again, on the other hand I would say it's a real victory if you can refrain from putting that money back into gambling, but I think that kind of defense is quite difficult to do, like humans when they have managed to get something quite easily then obviously they will come back again with the intention of getting a much bigger amount.

The burst of endorphins they feel when they get such a surprise from luck makes them feel like they have the upper hand, assuming that they already have a way to get the next win is very certain in the brain system, and after that the overreaction is likely to increase. Basically, it is not uncommon or even the first scenario for people to get into deeper and deeper involvement in what we call addiction.

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Quote from: summonerrk on December 13, 2023, 08:20:07 AM

Quote from: imthegreat on December 12, 2023, 11:02:18 AM

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?

A really strange phenomenon. But it very vividly shows how emotions take hold of a person and how ordinary logic begins to be ignored. After all, anyone who is at least a little familiar with mathematics will understand that every person who wins the jackpot has a very small chance of winning the jackpot again. It's as if lightning struck the same place twice.

Nevertheless, I also hear very often that gamblers do not stop after big losses, but continue to play with increased energy.

When emotion do kicks in then this is the time that you would really be forgetting all of those things that you have set earlier like;

"I would stop if i have lost all my balance"
"I wont stop until i would hit up the jackpot"
"If i do win, the i might win the second one"

These kind of thinking will really be pushing up yourself to play even more and this is something that you should really be that careful on taking up
such action because if you do make yourself that careless then you would really be putting yourself on trouble. These things wont really be an issue for me
as long it would really be just that fair and square then i wont really be making myself that dubious on the games that im playing.
Just have the control then youre good to go.

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Quote from: Sim_card on December 13, 2023, 12:45:47 PM

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.

Perhaps you are right, the jackpot is something that changes the life of the winner but also affects emotions. I can't imagine what kind of explosion of endorphins occurs in a person's head, and perhaps for the brain it is much more valuable than the actual gain in monetary terms. And it's scary, because it's very difficult to calm down in this state. And only a few will be able to tell themselves: I was just lucky, I need to calm down, take the money and leave the world of gambling.

Sim_card

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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.

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Quote from: summonerrk on December 13, 2023, 08:20:07 AM

Quote from: imthegreat on December 12, 2023, 11:02:18 AM

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?

A really strange phenomenon. But it very vividly shows how emotions take hold of a person and how ordinary logic begins to be ignored. After all, anyone who is at least a little familiar with mathematics will understand that every person who wins the jackpot has a very small chance of winning the jackpot again. It's as if lightning struck the same place twice.

Nevertheless, I also hear very often that gamblers do not stop after big losses, but continue to play with increased energy.

Just winning the first jackpot is also very difficult and only a certain percentage. The gambling system is set in such a way that the jackpot can occur when the dealer already has a lot of profits. Each account will get a jackpot and it's a varying amount or see how much has been deposited, right? Everything is already arranged mathematically. every gambler who continues to play without a jackpot and continues to get big losses, he will continue to play until he gets the jackpot. This is the beginning of them becoming addicts.

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Quote from: imthegreat on December 12, 2023, 11:02:18 AM

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?

A really strange phenomenon. But it very vividly shows how emotions take hold of a person and how ordinary logic begins to be ignored. After all, anyone who is at least a little familiar with mathematics will understand that every person who wins the jackpot has a very small chance of winning the jackpot again. It's as if lightning struck the same place twice.

Nevertheless, I also hear very often that gamblers do not stop after big losses, but continue to play with increased energy.

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Quote from: imthegreat on December 12, 2023, 11:02:18 AM

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?

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.

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Its very possible to win again when the heater is ongoing, but I would rather not, I have my own set of rules in gambling and its me taking my leave after I win, just a single win is a bus stop for me to exit and come back another day.

I know that some people can win three times in a roll, but what could come next is what I don't like, its like doing the exact thing that casino want you to do, to keep going, thinking that you can really be a winner, in every game you play.

Forget about gambling strategy, the best one is to be smart with the amount you risk on gambling and also take your leave whenever you get lucky, do not misuse your luck, when it comes once it probably isn't going to happen the second time, you don't even want to find out.

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Quote from: imthegreat on December 12, 2023, 11:02:18 AM

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?

It becomes less so if you're in the situation don't gamble more but take a break and resume another day. Taking a break will help you very much to concentrate when gambling again and not feel invincible as when you win you'll think you're invincible and can't lose therefore you'll be wagering high amounts or playing games you won't have gone for if you were in the right state of mind. You won because of luck and been lucky doesn't happen always.

You can be lucky twice and win again if you play the same game you won before or gambled on other games but the chances are too low and shouldn't be risked. Take a break from gambling after winning and also take profits. Don't give yourself access the all your profits and capital or you might use them to gamble without knowing. Always put yourself on a budget and stop when you have exceeded the budget. When you stay disciplined you won't get addicted to gambling.

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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

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I honestly don't care about math and statistics when gambling, I know that we should be gambling smart, but for me, if you think about probability, statistics, and Math while gambling it just spoils the fun and thrill. Not unless you intend to play with a huge bank roll and win big. But it's different in my case, I only set a decent amount to gamble whenever I feel like gambling just for a change of phase or have fun, just an amount I can afford to lose and never go above it. I would say people increase their bet every win since they'll only be down by a small percentage if they lose, I think it's better than increasing your bet with ever lose which means you are chasing up your losses. Any way it's gambling it's either you'll have a good win streak or lose streak, luck plays a great role in it.

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luck will come only to those who dare to take risks but luck comes only once.
from the understanding I have said, it is very clear that luck is the first role in gambling and if there is someone who continues to chase winnings after getting the jackpot, it doesn't matter as long as the money they use is just the rest of their daily needs and there is no harm in trying to bet again and thinking will be lucky again.

but even so, it's still all too risky and as a responsible gambler you should know when is the right time to stop and after getting a big win you should immediately stop, enjoy the money from the win and then leave a little more to gamble in the future and this is how life works gamblers become more positive even if the lucky draw is only one time.

even so, I will not blame gamblers who have the assumption that if I am lucky again because conditions like that are very normal and often happen as long as everything is fine, it doesn't turn into an addiction, it doesn't matter, but if after that it becomes the beginning of an addiction, it would be better to avoid thinking habits like that always remember that gambling is just like a place of luck, so try your luck and if you get lucky, stop immediately and come back tomorrow to try your luck.

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Quote from: Fundamentals Of on December 12, 2023, 10:27:45 PM

Luck doesn't follow mathematics. Luck isn't logical. And it's the one thing that most gamblers rely on. It's not wrong of course because if you don't take luck into consideration you might not gamble at all.

Winning in gambling in terms of logic or mathematics is less expected than losing. There's the house edge. There's the very low probability to win in random-based games. But a gambler plays nonetheless, and it's because he believes in his luck. If he wins though, and continue to play because he still believes he remains lucky, he will eventually lose. Lucky doesn't stay around for long.

If we gamble using the logic that some gamblers have, of course it is very unrelated to mathematics, because the logic of every gambler hopes to win big from the gambling they play and with luck they will certainly be able to get it.
Those who continue to play their gambling by trusting that luck is on their side and if they have had luck but do not enjoy the win and continue playing it, I think we will lose the win that we have obtained.

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Quote from: SeriouslyGiveaway on December 12, 2023, 10:39:59 PM

I believe luck cannot be associated with mathematics.

What you call "luck" is just short-term statistical variability, and there is a part of statistics focused on the probability of games such as casino games.

The OP is right but with nuances. What many gamblers don't understand is that when they have a lucky break, what they have had is positive variance in an EV-negative game, therefore, you can't move on to the next play but the "luck" is not going to continue for long as in the long run the trend is going to be one of inexorable loss. Therefore, effectively, the best thing the gambler can do after having had a bit win is to go home with the money. And not come back.

That the first comment talks about the "heater" is precisely an example of not understanding how statistical mathematics applied to the game works.

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I believe luck cannot be associated with mathematics. It's strange to try to calculate the probability of experiencing luck again after the first lucky instance, isn't it? Luck doesn't follow any rules; if there were rules, it wouldn't be called luck anymore. Gamblers tend to seek a basis to explain their luck and betting decisions.

Therefore, they believe their luck has patterns, and they try to identify these patterns to recreate their luck. However, I think that's truly meaningless. It's like a psychological method to temporarily soothe the craving for finding luck to secure their victories.

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Luck doesn't follow mathematics. Luck isn't logical. And it's the one thing that most gamblers rely on. It's not wrong of course because if you don't take luck into consideration you might not gamble at all.

Winning in gambling in terms of logic or mathematics is less expected than losing. There's the house edge. There's the very low probability to win in random-based games. But a gambler plays nonetheless, and it's because he believes in his luck. If he wins though, and continue to play because he still believes he remains lucky, he will eventually lose. Lucky doesn't stay around for long.

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Quote from: imthegreat on December 12, 2023, 11:02:18 AM

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?

Mathematics and Luck will never be friend forever , Mathematics are looking for right pattern and calculations to find the answers perfectly while Luck only happens once in a full moon , assuring nothing and no one but proven to be happening .

what I mean here is you cannot ask those lucky gambler about why and how they won , but Mathematicians will always find correct answer to respond .

so either believe in math , or find your luck? it is up to you when talking about gambling.

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Quote from: imthegreat on December 12, 2023, 11:02:18 AM

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?

Exactly!
The correct thing is for every player to define and follow limits.
And these limits should not only be on how much money the player is willing to lose, but also on how much money he is willing to win.
If someone is entering the game with $100, they should withdraw at least half of that amount when they reach $1000 and not try to multiply it again to reach $1000000.
It is much more prudent to withdraw $500 by $500 than to lose all your winnings.
Anyway.... strategic planning is fundamental, because if someone doesn't have this well defined and the discipline to follow it, unfortunately they end up being "carried away" by emotions at the moment a big loss or gain occurs.

Topic: Logic of some gamblers against math - page 3. (Read 518 times)