Topic: The Pattern that 99.9% Leads to Bankruptcy: High Rolling on Slots! (Read 441 times)

That is because they thinks that they will have a chance to wins in the next rounds but they do not thinks how if their money runs out quickly. But for a wise gambler, they will not use $1 per spin but they will use the smallest bet per spin so they can spin more and will have a chance to win.
But that will not increase their chance to win because playing slot games depends on their luck. Without luck, they will hard to win.
It is normally when gambler use $1 per spin but they must knows that will not makes them gets luck.

That's an unusual style of play
Usually, people use the entire $50 if they want to increase the bet. But you only had $20 left and tried to do $1 per spin... Well, it's only 20 spins, so unless you have godly luck, your balance will deplete rather quickly.

I just experience a week ago by bet $0.2/spin on Sugar Rush pragmatic slot. I just have remaining capital of $2. but with that time, I just won $50 and withdraw $30 and left $20 to play again. but (maybe I bit greedy) I raise from 0.2 to $1, afterwards I lose that all, and get a lesson if we want play the slot, better to just play minimal bet, so the capital it doesn't run out quickly, and have the chance to multiple it again.

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.
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 🧑‍🦰

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.

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.

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.

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 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.

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.

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.

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.

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.


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.

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.

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.
  

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.

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.

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.

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

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."

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.

LOL, you think whales can't go bankrupt because of slots?

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.

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.

You should see they do progressive betting (martingale) on bonus buys

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.

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.

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.

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.

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.

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.

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.

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.


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.


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.

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.

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.
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.

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.

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.

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.

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. 

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.

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.

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.

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.

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.


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  

If you are someone whose rich and does have that kind of experience on how to make bets then its unlikely that you would go bankrupt so easily since you've been wary about the risks that involves with it or simply you could really be able to compare into those people who have just simply make out some gambling directly on having those kind of quick rich kind of mindset.
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.

Not wrong but I wouldn't say that it's the entire truth though, most of those people that like to call themselves as high rollers that loses everything that they've got is definitely not the kind of person that I'm talking about, if they really are the type of people that I'm talking about, they're not going to go bankrupt or even lasting only one night and they were never really that rich or deserves to be rich in the first place because they don't know when to stop their habit of gambling, a real rich man would know when to quit and have a good time.

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.

When it comes to gambling it is almost a certainty that you will lose.  That's just the way the odds are set.  If you play long enough, no matter what happens, you will lose.  Sure, you might hit a big win somewhere in there, but it is the anomaly.  The only way to really win when it comes to gambling is to get out ahead.  This is why successful gamblers usually have a dollar amount in their head and if they win that amount they walk away.  Gambling is truly one of the activities where you only win when you walk away.  That isn't to say there aren't those who make riches before walking away, but in the end, it's knowing when to walk away that earns people gambling winnings.

High rolling in GAMBLING is. Progressive betting amount is not considerable for me. Increasing the amount of bet will not increase your chances of winning. Indeed it would flip your total loss however, given that there's no assurance of winning, what's the sense of doing so? Perhaps you already lost $500 from your usual bet of $50 as its base value. Increasing your next bet to $500 will put you in profit if you'd win, question is, would you win? Lack of assurance should be enough for a gambler to not do such thing. Martingale indeed works to some players and to some instances but no consistency has been proven. You are just basically increasing the bet to have bigger rewards, and same thing goes if it turned out to be a losing assumption or bet.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.

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 and those people got a lot of money and they don't like the idea of wasting less money per spin when they can easily waste more using those slots, there's also the fact that those machines make the money laundering done by the casino, more money means the question for taxes are going to be undeniable.

Gambling does not ruin people's lives, but I will say that greed is what ruined their lives. This is because they want to hit the jackpot on slot and they go ×100-×1000 which shows that they are gambling with the amount that they can afford to lose. This does not only apply to slot, but to gamble as a whole.

People that allows gamble to ruin them, were gambling to make profit or they want to use gamble to turn their lives around which will finally lead them to addiction, and they will lack self control over their lives because they want to win back all what they have lost, and hit the jackpot. This will make them go as far as using their properties as collateral, and at the end, they will lose it all and ruin everything. Gambling is good when you gamble responsible, but when you don't gamble responsible it will lead you to frustration.

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.

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.

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.

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.