Topic: Logic of some gamblers against math - page 4. (Read 518 times)

I just made a comment about this same thing in a different post. Yes! It happens to all gamblers but a few are disciplined and know exactly how to shut that inner voice. It’s an inner voice because you have been there the whole time and you didn’t hear it, but it’s when you start winning big that it tells you to play more so you can win more. If you are not conscious as you play, you’ll forget that you had a target which you should stop playing afterwards, or may even remember but the greed may have eaten into you a lot already.

If I'm in that situation, I will honestly say that I will continue too. It's just that luck is not always there so when it comes grab it. But that's the challenge there, how far we can keep playing until we should stop. In my case before, when I hit that huge multiplier, I still continue to play and try to set a percentage of the win that will be considered as afford to lose.

At some point, I'm not following the plan and still continue. But in the end, I still managed to take home and cashout some winnings although it should be more if I withdraw early. But who knows if luck will come again. We are playing gambling after all.

Mindset towards luck in gambling is what affects many gamblers. There are gamblers who believe that if they are lucky in a day, that there is still the chance of being lucky that same day. There are others who take luck as a one time, one moment thing that happens just once.

I cannot fault anyone's Logic on what they believe in regarding luck, because sometimes people have had their personal experiences that may back up their motivation to keep trying after being lucky once, and it may work for them sometimes.

Do what is right for you, allow others do what they think is right for them too.

It's true that the chances of such luck becomes even less after every round of winning but it's really funny how these gamblers mot times don't see it like that probably because of greed or maybe they think they can still be lucky if only they try again any further but then it's really turns out otherwise in most cases as gambling is very much luck dependent.

This is why I always advise gamblers to inculcate the habit of withdrawal and not to continually think and hope they will win by repeatedly placing bets again after a round of loss but if they withdraw that which they have won already and probably use part of it to further stake again if they so wish, then they will be at advantage much more than when they will get to loose all to the casino again in the bid to win again. Some of them are very much aware of how well their chances reduce with every round of game they involve in after a win but they still ignore and hope to try their luck.

There's no need for any logic with it, that's it.

The gambler believes that he's going to be lucky again and the term gambling itself is what can be your reference on it. That's the reason why it's not going to work even if you're going to apply some magical logic on them about math and numbers.

Gamblers don't care that much about these percentages and rates from the potential chance of being lucky. What we do care about is the present that we have and if we're winning, we think that it's going to last within the day.

Mathematics deals on accuracy to get an actual expected result, while luck doesn't work that way be you accurate or not you either get luck ones and lose all others if you continue or you get lucky that one's and still continue getting lucky with more streaks but none in the latter or former under luck is guaranteed. Hope, yes hope is what makes gamblers continue gambling even after making a good win that they could use to end their day they still continue believing another streak of luck might just reoccur again but most times it turns to more loss after the other, only coming to a realization when they are down to the last cash in the account or pocket.
Op be reminded not all gamblers are mathematicians so don't expect all gamblers to gambling in accordance to the law of maths.

This happens often, a situation that plays on our psychology. Excessive self-confidence and feeling that one's luck is very high in the game or gambling. Even though that was the beginning of the person's involvement in gambling. Yes, maybe that person was really lucky with his win at the start. However, it could be a trap so that the person believes that he will get even more money there.

When someone is interested in more and has very high hopes in gambling, this is a quite risky moment for that person. Because usually, he will become more interested and lose his commitment to be wise in gambling. And this could actually be the beginning of addiction or a greater risk. because with such high hopes, usually he will continue to be interested in trying again and again until he gets a pleasant victory like at the beginning. And it could be that they actually unconsciously use more money for gambling there.

For this reason, the need for self-management and finances in gambling is very necessary. Even if we want to continue gambling activities, it would be better if (if possible) we limit our money there. So, after winning, it is better for us to withdraw the money first, at least a minimum of the initial capital or plus a certain percentage of the total winnings at the start, so that whenever we want to continue gambling, it is like we are only using the money that actually came from the gambling prize. And of course, self-control here is very necessary so as not to make us addicted.

It's true, your luck goes less after it. But there are instances where the multi-win continues. Trust me, I've seen it.
But, I do understand where you are going with your statement. Yes, if you get a multi-win then you could withdraw and enjoy your profits and if that is your strategy then keep it. It's the best one out there and it means you have control.
Greed is the main reason why any gambler would want to continue gambling after a multi-win. It's not just about "luck" too, after a big win, the thought process of having an enormous amount of budget to bet more is lingering in their mind.
Let's say I hit x1000, my point of view becomes different and it's not about withdrawal, I dare to bet 100 more, if it loses, I can go 200 more because I have the funds and it keeps on going until I lose all the profits.

To become an irresponsible gambler, rather than a successful one, you've got to be really sentimental; gamblers have got one grand rule, and I think they didn't make this rule themselves - I think this rule was made by the casinos themselves to motivate and rekindle every gambler's urge to win, when they know too well that the possibilities of this happening is barely 2/10.. however, some gamblers have got to discover this "trickery" and they've learnt to evade them by some grand "mastery" of abstinence or predetermined bankrolls per week, month or annum.
Sandra; to me, I feel this are peeps I could eventually term as professional gamblers...

Sandra 🧑‍🦰

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.

It is the simplest example or Illustration I could think of, though.
Also, I do not pretend to be the perfect gambler and be into wagering money because 100 percent of the fun it brings to me, that would be hypocritical to say, even the most responsible gamblers who trie to detach themselves from any earning still hopes for scoring big in the casino, even if they are not actively seek to big a huge amount of money in their session.
If casinos offered some games which would not have any changes to earn money, but rather other kind of prices, probably even those who only claim to seek for fun would not feel so appealed to wager money on those, instead the classic slots and dices.

Even probably has happened to you, even when you are aware you are supposed to treat all this is entertainment, you have gotten carried away during one or two sessions which you felt specially lucky.

Gamblers think that the more they gamble, the higher their chance will be to win jackpot. Think about it, as you try something over and over again, you expect that you'll get what you wanted to get or you'll do what you wanted to do. That's why gamblers think that the more they gamble, higher will be their chance to win and that's why they also think that if they are lucky right now, they'll be lucky till the end of the day. According to math, the probability of winning doesn't increase after losing, instead, it decreases.

And that is the very definition of gambling though, I mean it's the risk of not knowing whether you are going to win or not. So for those gamblers that have that kind of mentality, I would say that it is not normal though.

It's just the question on how he is going to take his losses as he try to extend his luck? Will he be ok with losing that money and most likely his bankroll? In any case, gambling is really is not for everyone I guess, those who doesn't want to take risk and go for broke. But I can't blame as well those who for reasons, might withdraw everything after a good win, maybe they have lost so much money already and they are trying to recoup from this losses.

I have been in that situation many times... but after a big win, nobody thinks about math, we think more about how it's just the beginning and that an even bigger win is just around the corner. So we continue with gambling, and in most cases, we even raise the bets...  but that ends badly for us. Been there, done that... and I feel I can't run away from that, I repeat the same mistake over and over again. The moment takes us to some place and it's hard against it, we don't even feel it/thin about it and it's over and we lost it. It's hard to control every moment of gambling, especially when big wins and losses happen. In those moments each of us gets into some special stage of mind, and we need to find a way to control it or it will eat us.

This proves that he is someone who is quite greedy, he is never grateful for the victory he gets, he always wants a victory that is bigger than what they got before. Until in the end this trait pushed him to behave carelessly, by risking back the winnings he had obtained. And finally, what was initially profitable became a loss. So this is where good self-control and emotions are needed, so that we will know exactly when we have to stop gambling and when we have to start gambling.


In terms of calculations, it is clear that this gambling is very detrimental. Because when gambling, a person will experience more losses than wins.

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.

I don't think all gamblers do things like that, but I'm sure almost all gamblers have done that, even if only once. That is greed, although it is possible that after getting a big win we will get it back, the chances are smaller. The best way so that we don't lose our winnings again is to withdraw some of it or store it in a vault if there is such a feature on the site.

I have experience playing slots and after getting Maxwin I got another big win of around 3500x the bet. Of course, this very rarely happens and what happens most often is that I will lose my winnings if I force myself to continue playing, especially if we play slot machines.

That is only applicable to those newbies in gambling who are still not aware on the risks and danger of gambling. They think that once luck is there, it will continue to stay with him until he will experience a big win in the end. But in reality, the opposite thing happens. Once you're lucky and made some significant profits, then it's time to withdraw and go home immediately, otherwise playing more will only make you lose your winning profits.

It takes various experiences first so that these newbies will learn their lesson. But for now, let them gamble on their own and encounter winnings and losses, they will come to see the realities in gambling when they experience losing a lot which I think is very possible with gambling.

I don't really believe in this mathematical connotations to gambling because they don't really work. If we are talking about the reduction of chances of luck to appear  because of frequency of playing time, so what is the proportion of the time to play that it would really reduce the chances of reduced luck. This is just not scientific, and that is the point. Many other people have been successful while staying longer in their gambling tables.

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.