Slots and especially the ones with high volatility are made so there will be wins very rarely.
The slots with lower volatility on the other hand have a much lower theoretical RTP (hence their house edge is higher) so it's a tough choice between the two.
I think the safest strategy is to just try and find a slot machine with low volatility and under average house edge to try and beat your luck somehow. Don't roll epxecting to win big though, just roll till you're in profit. And always have some limits in place because getting carried away with slots can certainly lead to bankruptcy.
Topic: The Pattern that 99.9% Leads to Bankruptcy: High Rolling on Slots! - page 2. (Read 335 times)
March 07, 2024, 08:11:14 PM
March 07, 2024, 07:38:13 PM
I mean yeah. I rolling on slots long term is a losing play. Low stakes for long term and every once in awhile hit the big ones in hopes of a lottery win. Slots obviously favor the house so anything everyday and longterm end pretty poorly. Slots to me are used for fun and entertainment. Friday night out with some friends good for some fun. That's how I experience slots.
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March 07, 2024, 01:53:20 PM
A very good thread and slot advice from op, and I completely buy in on all that the op said, I myself have been gambling for some years now, and to be honest, I sometimes find Is difficult to believe or wrap my head around how people get addicted to gambling to the extent that it ruins their lives, some even end up killing themselves out of frustration after having lost every thing they have to gambling, and also losing that which they borrowed from other people.
And the real source of my astonishment is also to the fact that, many of us are seeing all this sad tales of gamblers who ruin their lives by their poor gambling decisions, and then, some of us still allow ourselves to fall into same pit of becoming addicted to gambling.
Just like op said, slot games are not games people should be playing for the sake of making money, if you really want to make money off gambing, it's more important to chose sports betting, slot games should be mainly used as a means of just having fun, those who play slot games and hope to make a killing off it are those who always end up killing themselves due to frustration of constant loses and loans they can't afford to settle, we should be wise wise all financial matters relating to gambling.
And the real source of my astonishment is also to the fact that, many of us are seeing all this sad tales of gamblers who ruin their lives by their poor gambling decisions, and then, some of us still allow ourselves to fall into same pit of becoming addicted to gambling.
Just like op said, slot games are not games people should be playing for the sake of making money, if you really want to make money off gambing, it's more important to chose sports betting, slot games should be mainly used as a means of just having fun, those who play slot games and hope to make a killing off it are those who always end up killing themselves due to frustration of constant loses and loans they can't afford to settle, we should be wise wise all financial matters relating to gambling.
March 07, 2024, 01:43:26 PM
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.
They increase their bet when winning using small bet because they think they should win more if they only bet higher amount after hitting high multiplier on small bets that result to chasing that high multiplier again using high amount. This always resulted to lose. I watch a lot of gambler that already up by x2 of their bankroll by betting small and winning big that later on bust all their bankroll because they increased their bets permanently without hitting anything significant win.
They increase their bet when winning using small bet because they think they should win more if they only bet higher amount after hitting high multiplier on small bets that result to chasing that high multiplier again using high amount. This always resulted to lose. I watch a lot of gambler that already up by x2 of their bankroll by betting small and winning big that later on bust all their bankroll because they increased their bets permanently without hitting anything significant win.
It was part of the entertainment that's why most streamers have such a pattern wherein they're mixing bets each spin and the highlight is betting with a high amount. The most common is the one you mentioned which starts from a low bet and then with just a few spins, will switch right away to a high bet. From there try to maintain that bet range depending on the result.
But the fact is, once these streamers are out of the stream, they don't behave like that. They will not go easy with the high bets right away and will try to test the waters first at low to medium bets until realizing that they're ready to risk high bets.
March 07, 2024, 01:38:11 PM
High rolling on slots is terrible but they feel like that's the game that gives them the best chance. If you say high rolling on any gambling game then I agree, but if you focus just on slots then it would be wrong. High rolling at dice is not smart neither, high rolling at poker is not too, nor at sports betting.
Basically, the reason any gambler would prefer slots is that it is a little bit harder to lose it all there, because you may get something, you may get 80% of your money back, you may get x500 profit, the chances are endless, possibilities are endless. This of course doesn't change the fact that there is a house edge and many people lose their money to it. Unfortunately it's still far better than most other games, even though they all end up with you losing all your money eventually.
Basically, the reason any gambler would prefer slots is that it is a little bit harder to lose it all there, because you may get something, you may get 80% of your money back, you may get x500 profit, the chances are endless, possibilities are endless. This of course doesn't change the fact that there is a house edge and many people lose their money to it. Unfortunately it's still far better than most other games, even though they all end up with you losing all your money eventually.
March 07, 2024, 07:54:33 AM
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.
As a fellow slot players, yeah, you will get REKT if you're not careful playing games as obviously, it's based on pure luck. I even know someone who is in the middle of doing renovations in his house,. But unfortunately, it was still not finished as he become so addicted to slot machines games that the money that he put aside into building his dream house are now in casinos as he lost everything.
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.
And as I have said before, gambling is based on emotions. Anything that will make you gambling it has something to do on what you feel inside so it's very hard to control it.
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.
YOLO it is, this is also what I have learned from a experience gambler here, I wouldn't mention his name. But when I read his post he always talked about it. Just remember to control ourself as gambling is really base on luck and nothing else, even if you YOLO, chances are, you are going to lose more.
March 07, 2024, 06:34:55 AM
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.
They increase their bet when winning using small bet because they think they should win more if they only bet higher amount after hitting high multiplier on small bets that result to chasing that high multiplier again using high amount. This always resulted to lose. I watch a lot of gambler that already up by x2 of their bankroll by betting small and winning big that later on bust all their bankroll because they increased their bets permanently without hitting anything significant win.
They increase their bet when winning using small bet because they think they should win more if they only bet higher amount after hitting high multiplier on small bets that result to chasing that high multiplier again using high amount. This always resulted to lose. I watch a lot of gambler that already up by x2 of their bankroll by betting small and winning big that later on bust all their bankroll because they increased their bets permanently without hitting anything significant win.
March 07, 2024, 06:29:41 AM
Way, way, way, low. Yes, that's a lot of "way". Because that's how it is.
I also bet with just the lowest amount and I don't buy those special features just to double the multiplier or enhance the bonus chances. For me, those are just a waste of money.
$10. All of that was taken from me without a single high multiplier so I tried using another $10 and I said to myself that will be the last. Luckily, I hit a good multiplier and made it to $18 and the itch to bet more will start. So, I tried risking the $8 that I won. Sadly, all of it was gone in an instant, no bonuses came out, the normal multipliers are way too low that it could not cover all your previous bets.
Then the itch to bet the last capital $10 will come again. Telling yourself you might get lucky this time and get a higher multiplier than the first one.
Sadly, nothing came out and everything is gone.
I think that is what is happening to those Youtuber. The itch keeps on coming and they keep on scratching it.
Watching the lot such as trainwrecks was mind numbing to see how much they just keep betting but he even knows it is rigged in their favor.I also bet with just the lowest amount and I don't buy those special features just to double the multiplier or enhance the bonus chances. For me, those are just a waste of money.
$10. All of that was taken from me without a single high multiplier so I tried using another $10 and I said to myself that will be the last. Luckily, I hit a good multiplier and made it to $18 and the itch to bet more will start. So, I tried risking the $8 that I won. Sadly, all of it was gone in an instant, no bonuses came out, the normal multipliers are way too low that it could not cover all your previous bets.
Then the itch to bet the last capital $10 will come again. Telling yourself you might get lucky this time and get a higher multiplier than the first one.
Sadly, nothing came out and everything is gone.
I think that is what is happening to those Youtuber. The itch keeps on coming and they keep on scratching it.
He doesn't blame the casino but the provider of those slots of it not triggering the multipliers after they have a certain amount of rolls achieved.
Such in a way they are saying it impossible for a game to not give a bonus if they are losing so much on so many spins.
March 07, 2024, 05:03:25 AM
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.
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.
March 07, 2024, 04:47:00 AM
There is a lack of understanding, especially for those who are new to slot games and at the beginning of the game they can achieve good things so they think this is a game that can make their money increase quickly but in fact it is quite the opposite, that's why I was just speechless when I saw a post from someone on social media showing off his winnings in slot games with the words enough for today and tomorrow play again to be able to save to buy a house, he thinks slot games are like money machines and I think that's because he's new.
I only use slot games as a game for fun and always choose the smallest bet to make the game last longer, not to chase high multipliers because I know that it is quite difficult to get, even though it can be obtained, the chances are quite small.
I only use slot games as a game for fun and always choose the smallest bet to make the game last longer, not to chase high multipliers because I know that it is quite difficult to get, even though it can be obtained, the chances are quite small.
March 06, 2024, 07:27:09 PM
High rolling in slots is quite dumb in my opinion, since the probability of hitting the x100+ multiplier is too low.
It's not dumb at all as when you bet higher, you don't need an x100 multiplier just to feel the expected profits.
Even without experiencing the bonus feature, scatters, and free spin, just a normal spin has the chance to give you a better reward in return especially if the pattern contains several wilds (take note that some slots have locked wilds, continuous wilds, running wilds, etc.) What's more, if you experience the bonus feature, scatters, and free spins with that high bet.
What we can call dumb are those who are doing high rolling but don't understand the risks they are dealing with.
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March 06, 2024, 07:18:49 PM
A gambler who doesn't know how to manage his bankroll while playing slot games will learn from their experience, because by the time they lose a huge amount of money after playing just a few rounds and get unlucky, their money is gone in a flash.
It is better to stake just a small amount on a slot than to put in a very large amount at once. Unless for someone who is already determined to waste his money on a slot game with just a few stakes in a few minutes.
Every time I am playing Crash, I see that some other gamblers are staking high amounts like $200, $500, and even $1k, which could still turn out to be losses. We might see those that stake high amount as stupid people, but many of them have the money and are willing to risk it, which, if they become lucky, is also a huge amount of money they are going to win. If they also lose it, they don't give much fuck about it.
It is better to stake just a small amount on a slot than to put in a very large amount at once. Unless for someone who is already determined to waste his money on a slot game with just a few stakes in a few minutes.
Every time I am playing Crash, I see that some other gamblers are staking high amounts like $200, $500, and even $1k, which could still turn out to be losses. We might see those that stake high amount as stupid people, but many of them have the money and are willing to risk it, which, if they become lucky, is also a huge amount of money they are going to win. If they also lose it, they don't give much fuck about it.
March 06, 2024, 06:44:48 PM
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.
I think those sponsored streamers are also contributing to this problem of "high rolling" on slots.
If you check most of them on Twitter, you`ll see that they always post snippets of their live screams—moments when they hit x1000, and if you check the amount staked, you`ll see that it`s not anything less than $1,000. Despite being obvious that it was sponsored, meaning the odds of winning in that streamer account would be different from what you`ll experience if you try to roll those same slots, you`ll still see people login to their account to wage the same amount that they saw the streamer wagered. I just feel pity for those who have ruined their lives trying to mimic streamers.
March 06, 2024, 06:28:50 PM
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 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.
As usual, the threads you create are always great
Slot machines are a source of destruction if played every day, especially with high stakes. 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
I think Martiangel is more suitable for table games, but use it based on feeling, when our luck is bad then using Martiangel will actually make our balance run out faster.
March 06, 2024, 06:16:14 PM
Everyone knows that is greed that drives such gamblers to lose to the extent of selling out properties in order to either continue or pay the remaining debts.
The kind of greed that leads to this bankruptcy is quiet different from a normal greed, I believe there is a cause to everything, in the causality theory something has triggered the gamblers to want the x100 -x1000 on slots because if you ask them about if they know that gambling is risky they will say yes, so they know that they might lose every dime if they continue but they will still continue it's because they have a particular cause to the desire to be rich over night. They do play this slot games with the intention of wanting to prove to themselves or someone that they aren't what people see them to be, speaking from experience because I have lost in gambling because of this same reason but the difference between me and the guys on YouTube it that I don't own any property or I'm still dependant on my parents so when I lose I will quit because I'm out of funds. although I did beg just to go back and continue to prove to myself that I can be rich yet it failed. so this is the same type of greed that has gotten the YouTube guys to there present condition.
The kind of greed that leads to this bankruptcy is quiet different from a normal greed, I believe there is a cause to everything, in the causality theory something has triggered the gamblers to want the x100 -x1000 on slots because if you ask them about if they know that gambling is risky they will say yes, so they know that they might lose every dime if they continue but they will still continue it's because they have a particular cause to the desire to be rich over night. They do play this slot games with the intention of wanting to prove to themselves or someone that they aren't what people see them to be, speaking from experience because I have lost in gambling because of this same reason but the difference between me and the guys on YouTube it that I don't own any property or I'm still dependant on my parents so when I lose I will quit because I'm out of funds. although I did beg just to go back and continue to prove to myself that I can be rich yet it failed. so this is the same type of greed that has gotten the YouTube guys to there present condition.
March 06, 2024, 01:56:24 PM
It might not be that 99% of gamblers who bet on slots are gone bankrupt. Moreover rolling is very risky. You might lose a lot of money on gamble, rolling slots or casinos games. However gamblers have won big more from slots, some gamblers that win in rolling slots and casinos are keeping it low, they don't say it for others to know the technique they use on winning.
Some bettors can take the kind of risk that you can't take. This is what we call risk what you can afford and don't risk what you can't not afford. Every games have their best winners, and everyone is looking forward to be the best winners for the kind of games they play.
Some bettors can take the kind of risk that you can't take. This is what we call risk what you can afford and don't risk what you can't not afford. Every games have their best winners, and everyone is looking forward to be the best winners for the kind of games they play.
March 06, 2024, 01:56:00 PM
Greed the reason for all losses!!
Anyway, having researched on how to play slots efficiently without blowing your bank balance requires one to have a strategy in the first place! Anybody going to play slots without a strategy is guaranteed to Fail and this is also part of risk management AFAIK.
Like the OPs approach of playing slots with a starting wager of $0.1 tells me they have a strategy, don't look at the small wins as making less money...in the world of slots 'less is more" meaning with time RTP favours the player and you need to know when to increase the wagers.
This whole go big or go home approach is what fails many when it comes to slots, and many players are shortsighted thinking they can win in a few spins, when slots reward players handsomely for playing the long game.
Perhaps gamblers need a refresher course to turn losing rolls to winning one's
Anyway, having researched on how to play slots efficiently without blowing your bank balance requires one to have a strategy in the first place! Anybody going to play slots without a strategy is guaranteed to Fail and this is also part of risk management AFAIK.
Like the OPs approach of playing slots with a starting wager of $0.1 tells me they have a strategy, don't look at the small wins as making less money...in the world of slots 'less is more" meaning with time RTP favours the player and you need to know when to increase the wagers.
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.
Well elaborated!!This whole go big or go home approach is what fails many when it comes to slots, and many players are shortsighted thinking they can win in a few spins, when slots reward players handsomely for playing the long game.
Perhaps gamblers need a refresher course to turn losing rolls to winning one's
March 06, 2024, 01:54:04 PM
~
Has a point, it really depends on your financial capacity as a gambler. However, nothing's proven even with high rollers' viewpoint. They might have larger bankrolls to increase their betting amount and wait for luck to kick in but for sure it is not a new thing to us seeing rich individual losing almost every properties they have due to their frustrations in gambling. That might be the point of OP, which is for other players to not do the same thing if they fear of losing big amount, which is evident to almost all of us in the first place.On the time that you wont really be able to make out profits and having those experiences about having that tons of loses then this is where realization would really be kicking in.
You would really be putting yourself on so much trouble if you do make yourself that delusional. Just like been said that regrets do always come at the end
and learnings would really be following through it.
March 06, 2024, 01:36:31 PM
~
Has a point, it really depends on your financial capacity as a gambler. However, nothing's proven even with high rollers' viewpoint. They might have larger bankrolls to increase their betting amount and wait for luck to kick in but for sure it is not a new thing to us seeing rich individual losing almost every properties they have due to their frustrations in gambling. That might be the point of OP, which is for other players to not do the same thing if they fear of losing big amount, which is evident to almost all of us in the first place. March 06, 2024, 01:29:06 PM
This is why gambling industry is really that profitable just because of those people who do keep on losing on it, which it isnt really that limited on slot games but also in other casino games as well
on which results are instantaneous where you could see directly whether you have won the bet or lose it up. When adrenaline kicks in + having that extreme greed then you would really be coming up with those
YOLO bets on which it is really that shocking on why there are people who do come up with that kind of betting on which they do have bet their houses and other posessions on which i dont
know on what are the things that they've been thinking on which they cant be able to balance whether this step or move could make their lives miserable? They do exchange it out into
something which doesnt give out guarantees.
on which results are instantaneous where you could see directly whether you have won the bet or lose it up. When adrenaline kicks in + having that extreme greed then you would really be coming up with those
YOLO bets on which it is really that shocking on why there are people who do come up with that kind of betting on which they do have bet their houses and other posessions on which i dont
know on what are the things that they've been thinking on which they cant be able to balance whether this step or move could make their lives miserable? They do exchange it out into
something which doesnt give out guarantees.
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