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Topic: The Pattern that 99.9% Leads to Bankruptcy: High Rolling on Slots! (Read 335 times)

hero member
Activity: 714
Merit: 1004
Goodnight, ohh Leo!!! 🦅
It all begins with the x100 - x1,000 minimum bet that they usually do. For example, I usually bet $0.1/spin, and then x100 - x1,000 means that I bet $10 - $100/spin. That's stupid! One guy took a loan with his house as collateral for $5,000 only to lose it in a few hours.
what works for one person might not work for another.. This is just a strategy that was procreated by those self-acclaimed gambling professionals; it may have worked 7 out of 10 times they tried, but that isn't enough prove to assume it already as a strategy. I'd say - The guy was fooled and he fell for it, without having a second thought.
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High rolling in slots is quite dumb in my opinion, since the probability of hitting the x100+ multiplier is too low...
People don't understand this fact.; once they see these multipliers from the last round of the game, they'll definitely wanna try with a bigger stake, hoping to have a come back.

Sandra 🧑‍🦰
sr. member
Activity: 1302
Merit: 252
Sugars.zone | DatingFi - Earn for Posting
The tendency of streamers  to increase their bets, regardless of the outcome.  This behavior is driven by a cognitive bias called the "escalation of commitment." A gambler on a winning streak.  They believe that a higher bet will yield a proportionally larger win, chasing the "high multiplier" you mentioned.  This is a classic case of the escalation fallacy – the mistaken belief that past actions influence future outcomes.

The same logic applies to losing streaks.  Streamers, fueled by a desire to "level up their game" or recoup losses, might increase bets hoping for a quick turnaround.  It's like a gambler throwing good money after bad, hoping to chase away the losses.

Smart gamblers understand the limitations of chance.  They set win and loss limits, and more importantly, stick to them.  Watching a streamer with x2 their bankroll lose it all due to escalating bets is a cautionary tale.
hero member
Activity: 2828
Merit: 767
What I know from the experience of slot game lovers who I know the person quite closely, almost all of them are addicts to this type of game. Several times I accidentally met some of them in a cafe. Though there was a conversation between us, but on the other hand, he also didn't lose focus on the smartphone he was using. I know very well that he was playing slot games at that time because it can be clearly seen from the music of the game and their expressions when they hit the jackpot.

I think what broke them was an addiction that they couldn't overcome, because whatever result they get (win or lose) they don't know when it's time to stop the game. There are times when they are frustrated with the losses they have incurred and this makes them choose to remove the slot game from their cellphone, but that doesn't last long, because when they have money they will re-install the game.

That's the issue with most gamblers.  They have no exit criteria so they will gamble until they are broke.  That is the type of player casinos are looking for.  The more they win the more they are willing to risk.  Gambling should be entertainment something you do for fun every once in awhile but unfortunately that's not the way.  I kmwo way too many people like the one you described.
They would really be having those exit considerations on the time that they would really be experiencing those issues on which this is something that would really be just that so normal when it comes to this one.
It is really just that normal and this is the main reason on why gambling industry is really that profitable due to this kind of very common type of behavior on which this is something that will really be considered out
to be a typical situation or condition i must say. We arent that blind on how gamblers do mess up themselves on trying out to look with those kind of patterns and strategies.
This is something a never ending approach in speaking about trying to seek with those strategies and other stuffs and things. You would really be finding yourself getting wrecked if you do
continue this kind of behavior.
sr. member
Activity: 192
Merit: 262
trustdice.win (The Top of Crypto Casinos)
That's the issue with most gamblers.  They have no exit criteria so they will gamble until they are broke.  That is the type of player casinos are looking for.  The more they win the more they are willing to risk.  Gambling should be entertainment something you do for fun every once in awhile but unfortunately that's not the way.  I kmwo way too many people like the one you described.

What amazes me is that they sometimes ask for advice as if they wanted to show that they had the intention to repent but it seems like it's all just an outburst of their anxiety because all the advice seems to be fruitless. I also like to gamble, but I have never been in their position because there was a bad experience in the past that could have prevented me from becoming an addicted gambler. Though I told my friend about that bad experience with the hope that it can be used as a lesson, it remains a useless piece of advice.
legendary
Activity: 3598
Merit: 1406
What I know from the experience of slot game lovers who I know the person quite closely, almost all of them are addicts to this type of game. Several times I accidentally met some of them in a cafe. Though there was a conversation between us, but on the other hand, he also didn't lose focus on the smartphone he was using. I know very well that he was playing slot games at that time because it can be clearly seen from the music of the game and their expressions when they hit the jackpot.

I think what broke them was an addiction that they couldn't overcome, because whatever result they get (win or lose) they don't know when it's time to stop the game. There are times when they are frustrated with the losses they have incurred and this makes them choose to remove the slot game from their cellphone, but that doesn't last long, because when they have money they will re-install the game.

That's the issue with most gamblers.  They have no exit criteria so they will gamble until they are broke.  That is the type of player casinos are looking for.  The more they win the more they are willing to risk.  Gambling should be entertainment something you do for fun every once in awhile but unfortunately that's not the way.  I kmwo way too many people like the one you described.
sr. member
Activity: 192
Merit: 262
trustdice.win (The Top of Crypto Casinos)
What I know from the experience of slot game lovers who I know the person quite closely, almost all of them are addicts to this type of game. Several times I accidentally met some of them in a cafe. Though there was a conversation between us, but on the other hand, he also didn't lose focus on the smartphone he was using. I know very well that he was playing slot games at that time because it can be clearly seen from the music of the game and their expressions when they hit the jackpot.

I think what broke them was an addiction that they couldn't overcome, because whatever result they get (win or lose) they don't know when it's time to stop the game. There are times when they are frustrated with the losses they have incurred and this makes them choose to remove the slot game from their cellphone, but that doesn't last long, because when they have money they will re-install the game.
hero member
Activity: 2786
Merit: 606
The appeal of gambling is undeniable, but for those who have fallen into a losing situation, perhaps giving them advice to save is really too late.

But through these cases, we realize that we should not make things difficult for ourselves. I myself have also faced the situation of family members getting entangled due to gambling. Since then, I have always been aware of the problem. Even if you gamble, you don't want to get into debt. So I always assume that gambling is an entertainment tool, and if it only brings suffering then it should be eliminated, but the reality is that we ourselves create those things. As well as being aware of responsibility for your own behavior, it can also affect people around you.
No, nothing is too late as long as we are still breathing, or not too old yet. A compulsive gambler can realize his mistakes or current situation but not all can change immediately and there are those who are unfortunate to get stuck on that situation forever. Your experience reminds me of a thread I saw here recently which states that in gambling, a lot of person can get affected, not only the gamblers themselves. They can provide a help or they will also become an addict that will need a help. To have a debt is hard. If we are the type who can easily for fall it, better to just avoid things that are too appealing. Of course one of it is gambling.
hero member
Activity: 770
Merit: 556
I ever see a high roller playing dice using max amount, surprisingly he can make money from it because his stats is appeared in history. Although slots has higher house edge than dice, but they're same IMO, the outcome is random and can't be predicted.

It is very dumb in my opinion too. Even in other gambling too, high rolling is a dumb idea because we can only predicte the outcome of the bet, we are not yet sure what the result of that bet will be. Most of us have seen how Drake easily lost $615, 000 just in one bet. It is a huge lose that we must learn from and not gambling large amount on one game.
You shouldn't compare it to Drake, Drake is a Stake ambassador, he might using free/fake money which given by Stake for him to gamble, so if he lose, it won't affect him. A real high bettor is an unknown person who not promoting the casino.
hero member
Activity: 1582
Merit: 689
Leading Crypto Sports Betting & Casino Platform
In the past week, I've been watching confessions and sad stories of slot players on YouTube. How did they lose everything, from a motorbike, house, cars, gold, and savings, just to play slots? As a player myself, I can't fathom how this game sucks away so much money and forces people to ruin their lives in a relatively short time. I remember one of the guys got wrecked in less than a week. I thought slots would only ruin someone's life if they were a regular customer and played every day without taking a piss or something.

The reasons may vary from person to person, such as chasing losses, greed, emotions, etc., but the next step they took is all the same, i.e., betting way more than usual. It all begins with the x100 - x1,000 minimum bet that they usually do. For example, I usually bet $0.1/spin, and then x100 - x1,000 means that I bet $10 - $100/spin. That's stupid! One guy took a loan with his house as collateral for $5,000 only to lose it in a few hours.

Wait... Did you just say force people to ruin their lives? Damn, that is allegation on slots providers. People choose to ruin their own life playing without applying caution. These games are fun to play when are you playing it moderately and not trying to chase your lose or being control by greediness. From the example in your post, it's obvious you are allowed greed to control you and after falling for the trap, you end up chasing your loses that will lead to more loses and probably losing your properties too.

Indeed, the easiest thing is to blame other people or accuse service providers of deceiving their users. rather than having to examine ourselves and evaluate our bad behavior. and this is what differentiates a stupid person from a fairly wise person.

and it's not like we knew from the start that slot games were created to generate profits for their owners, where most of the casino's income is supported by slot games. So only a fool would spend all his money on a gambling game where the winnings are clearly regulated by a system that can only benefit the owner. because after all, if we talk about slot gambling, this is a type of machine gambling whose system can be arranged in such a way. This is a type of gambling where winning depends entirely on the luck factor. So there is no such thing as a special pattern or strategy that can enable someone to win, unless someone is really lucky to get it.

Gambling is an opportunity to seek entertainment and pleasure, not to seek profit, so play appropriately, don't overdo it. However, if you are determined to make a profit from the gambling you do, then look for a type of gambling that doesn't just rely on luck, but also involves skill. So you can always increase our chances of winning, such as betting on football or several types of card games.

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But how on this planet will any sane person take loan just to gamble? Like what is their thoughts on gambling? Probably, they thought losing in gambling is just a fallacy and doesn't exit. He used his hand to dig his own grave, it's actually painful to hear things like this but it is good, probably, others would learn from their mistakes and desist from making similar decisions.

When someone is addicted enough to the gambling activities they do, then they will never hesitate again if they have to sacrifice everything and do everything they can to get money for gambling.
member
Activity: 252
Merit: 32
★Bitvest.io★ Play Plinko or Invest!

High rolling in slots is quite dumb in my opinion, since the probability of hitting the x100+ multiplier is too low. Thus, the most feasible strategy is to maximize your number of spins instead of going for YOLO. Thus, if you REALLY need to do martingale shit or progressive betting for whatever dumb reason, 5x from your usual bet is your maximum.

It is very dumb in my opinion too. Even in other gambling too, high rolling is a dumb idea because we can only predicte the outcome of the bet, we are not yet sure what the result of that bet will be. Most of us have seen how Drake easily lost $615, 000 just in one bet. It is a huge lose that we must learn from and not gambling large amount on one game.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
I've won on slots in most cases just by spinning alot and stopping when I thought it wasnt likely to yield more results that day.  I wouldn't have the guts to want to put alot on in a short period of time because you dont know that period of time would just all be bad luck meaning you dont win and lose too much to cash out positively that day.

Slots is the most flashy entertainment based game, anyone whose doing high rolling maybe should be on cards or some of the more old fashioned games even sports betting I'd prefer so long as you do your homework but again I would always split the value up to accumulate not hope for luck in one or only a few particular instances.
  
hero member
Activity: 2044
Merit: 877
Leading Crypto Sports Betting and Casino Platform
In the past week, I've been watching confessions and sad stories of slot players on YouTube. How did they lose everything, from a motorbike, house, cars, gold, and savings, just to play slots? As a player myself, I can't fathom how this game sucks away so much money and forces people to ruin their lives in a relatively short time. I remember one of the guys got wrecked in less than a week. I thought slots would only ruin someone's life if they were a regular customer and played every day without taking a piss or something.

The reasons may vary from person to person, such as chasing losses, greed, emotions, etc., but the next step they took is all the same, i.e., betting way more than usual. It all begins with the x100 - x1,000 minimum bet that they usually do. For example, I usually bet $0.1/spin, and then x100 - x1,000 means that I bet $10 - $100/spin. That's stupid! One guy took a loan with his house as collateral for $5,000 only to lose it in a few hours.

High rolling in slots is quite dumb in my opinion, since the probability of hitting the x100+ multiplier is too low. Thus, the most feasible strategy is to maximize your number of spins instead of going for YOLO. Thus, if you REALLY need to do martingale shit or progressive betting for whatever dumb reason, 5x from your usual bet is your maximum.
The thing is that, no matter how small or big your bet is per play, if you don't control how many plays you make in a single game it's not gonna make a difference. You're no different from the guy who spends 100 bucks per day on gambling alone if you make one hundred 1 dollar bets every time you play, and slots is just the perfect game to distract you from that. It's easy to get mesmerized and distracted with slots. After all, you only look at a screen that flickers patterns, you pull a crank (sometimes) and that's all there is to it. You don't feel the passage of time as every game's really quick and fleeting, each loss you incur isn't as painful as it is with other games since you're only losing a buck at most.

Eventually though you find yourself betting more money, either by playing more or making larger bets, partly to recover the losses you suffered from previous altercations but it's never gonna happen, you won't recover shit. You're going to just pile up on the mountain of losses you already have until what you're left with is a sad, hollow, shell of the former person you were, hundreds of thousands of dollars in debt, possibly criminal charges put against you, and a life overturned all because you didn't notice how much you bet every time. This is the truth for a lot of us in here. That's why I swear against slots. They're not even fun to begin with lol.
hero member
Activity: 616
Merit: 713
Don't joke with my Daughter
In the past week, I've been watching confessions and sad stories of slot players on YouTube. How did they lose everything, from a motorbike, house, cars, gold, and savings, just to play slots?

This is a typical result of gambling addicts because I can't really factor out someone losing everything just for the sake of satisfying their gambling moment where they keeps losing their valuables it looks crazy.
Most times when they are going into addiction it's very hard for them to detects and come to realization of what they are doing, some as you may have outlined is a result of chasing lose which I do calls it revenge gambling whenever someone involves himself into this he wouldn't know when he is engaging himself or herself into revenge gambling at the end he would ends up losing more money. Again there are someone games we aren't meant to dip down our heads to know it because sometimes knowing more games create bigger chance for one to keep losing money at the cost of gambling.
sr. member
Activity: 966
Merit: 276
★Bitvest.io★ Play Plinko or Invest!
in this type of game, beyond the amount to bet, it is not possible to influence the progress of the game in any way.
Going to make over-budget bets is too risky, but going for loans with the hope of winning back the principal, is really something that can lead to serious financial problems.

Exactly! Greed is one of the most serious reasons why a person's life is ruined, for any reason, especially gambling. Imagine? What sane person would think of taking a loan from the bank to recover the money he lost? You just added to the problem you are facing because of the wrong decisions you are making. Knowing that you have played slot games, the chances of winning are low especially if you do not know the correct strategy on how to play it. Actually it's tempting to play and it requires a lot of self control to play it because you don't realize that you have to press a few times until you run out of balance, and you also don't realize that you're slowly becoming addicted to this game.
legendary
Activity: 2968
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Leading Crypto Sports Betting & Casino Platform
I've seen some people who posted on the internet that they won millions of dollars on slot machines because they bet and were lucky enough to hit the biggest multiplier and something that I always wonder about when I see photos like that and how much money the guy put in each spin and how much money in total the fighter lost and while the guy who posts this never answers my questions, I don't know why, but I suspect it's probably because they fear it will be discovered that for him to achieve such a victory it was because he had many losing rounds and lost a lot of money to the point that if we take the money lost from the value of the money he earned we will see that in fact his profit will be very small

I usually say that slot games are illusory, when a person puts pennies on each spin and puts bigger multipliers, so if that person is lucky enough to hit that biggest multiplier, then the value was not millions of dollars, it will be at most an amount small amount of money, the type of amount of money that doesn't change the life of the person who got it right, and when that person withdraws from that money the amount they lost, they will be left with an insignificant amount that will simply be enough to continue playing, and most people don't play For fun, they play to win a lot of money because they know that there are few chances of actually winning a lot of money.

That's why many people who play slots place larger amounts of money in each section and place large multipliers, this way if they are very lucky they will win a lot of money if they get it right and the sooner they get it right the better because it doesn't leave room for many losses, that's not the case. In their heads, unfortunately they lose a lot and it takes them a long time to realize that it is useless to rely on that game to win a lot of money and that it is not good, and it is a bad thing to put a lot of money in each section because they will only lose money and with a high risk of never win at a high multiplier. When people see photos of people who won millions of dollars in some game that depends on luck, they don't ask how much loss they had to get to the point of winning
sr. member
Activity: 1344
Merit: 259
Tontogether | Save Smart & Win Big
Many gamblers believe they're special snowflakes – that they have a secret strategy or a lucky charm that will defy the odds.  This illusion of control is powerful, but it's also about as real as unicorns.  Gambling is designed for the house to win, and any "strategy" is just a way to make losing feel a little less painful.

Sometimes gambling becomes a weird way to prove something to yourself or others.  Maybe you feel like you have to show the world you're a winner, or silence that nagging voice in your head.  The problem is, losing everything only makes those negative feelings even louder.  Talk about a major bummer, dude.

Losing sucks, no doubt about it.  But for some gamblers, it triggers a desperate chase to win back what they've lost.  They keep throwing money at the problem, hoping to somehow come out ahead.  It's a vicious cycle fueled by denial and a serious case of the "maybe-next-times."
legendary
Activity: 3178
Merit: 3440
Nec Recisa Recedit
in this type of game, beyond the amount to bet, it is not possible to influence the progress of the game in any way.
Going to make over-budget bets is too risky, but going for loans with the hope of winning back the principal, is really something that can lead to serious financial problems.
copper member
Activity: 2310
Merit: 2133
Slots Enthusiast & Expert
It's not dumb, the amount that those high rolling slots isn't for someone like you anyway, it's definitely built for someone that can afford to lose millions and not bat an eye because they know that they can just make that money as quick as they lose it, that idea isn't dumb, you're not the only customer that's being catered by casinos
LOL, you think whales can't go bankrupt because of slots?

Apart from that, Martiangel does not apply to slot machines, if it applies then I will use the formula per 100 spins, such as the first 100 spins bet 0.1/spin, the second 100 spins 0.2/spin, and the third 100 spins 0.4/spin, If we still don't get the bonus, it's better to finish the game. But usually I will convert the currency to IDR so I can bet smaller, maybe around $0.01
The principle of marti-angle (lul) still holds somewhat as you said, double per 100 spins if there is no big win. For simplicity, I call it martingale, but it should be termed progressive betting. Anyway, I use it sometimes but for sure not more than 5x of my initial bet.

I think those sponsored streamers are also contributing to this problem of "high rolling" on slots.
...
Yep, there are still people out there who don't know that those streamers use fake money. Imagine a nobody plays 4 tabs with $100/spin each... insane.

I observed a lot of this pattern on most of the streamers I’m watching. They often start low betting that later on increase bets regardless if they are winning or losing. They keep increasing their bets because they have different reason to do so just to level up their game.
You should see they do progressive betting (martingale) on bonus buys Grin
newbie
Activity: 56
Merit: 0
As a gambler, it's sad to hear about people losing everything by betting big on slots. I know sometimes how it can be tempting to bet more when you are hoping for a big win. But the truth is, the chance is to win like that is way way wayyyy low. For me, I prefer to stick with smaller bets and set myself limits and rules. I'd rather enjoy the game without taking big risks. Knowing when to stop is key to having fun without getting into trouble.
sr. member
Activity: 1400
Merit: 280
https://duelbits.com/
High rolling in slots is quite dumb in my opinion, since the probability of hitting the x100+ multiplier is too low. Thus, the most feasible strategy is to maximize your number of spins instead of going for YOLO. Thus, if you REALLY need to do martingale shit or progressive betting for whatever dumb reason, 5x from your usual bet is your maximum.

One will be tempted to play at x100 and x1000 due to greed and overconfidence. When they win on a small bet, there will be a temptation to try to increase the bet amount because they think that if they can win on a small bet they should also be able to win on a big bet. This is something that is often experienced which is the beginning of someone becoming addicted to gambling. Some of my friends who have recovered from gambling addiction also said that initially they lost money and their families because they were curious and felt they could win a jackpot of x100. And what's worse is that they use a probability of 100, where if it is a x100 bet, it means they can try 100 times to win the bet. I think that is naive thinking that will lead you to destruction.
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