The psychology of betting..... - page 9.

klidex

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Actually there are no patterns in gambling and especially in slot games.
But it's normal that sometimes someone thinks a pattern can win every bet because in that situation that person is lucky.
It's different if the situation turns into a losing streak, it will definitely hurt and blame the pattern and say that the pattern doesn't exist, what remains is financial management in gambling to control it so it doesn't run out quickly.

goldkingcoiner

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Quote from: Kakmakr on April 27, 2023, 07:10:48 AM

As humans, we are conditioned to look for patterns in life and we gamblers try to make predictions based on what we see, while we are gambling. The reality is that these patterns does not exist, but we like to pretend that they do because it helps us to bring order to the chaos that are gambling. Roll Eyes

Some people seem to think that your bet size will increase your chances to win, but that is simply a myth. The reality is that it simply means your payouts will be bigger when you do win.

A lot of my friends believe that it is better to spin the Slots manually, because "Auto spin" are rigged by the casinos... but that is also a myth. A lot of things come into play when a bet is made and it has nothing to do with the "auto bet" feature. (Client Seed / Server Seed & RNG and RTP ...)

Have you pressed the "bet" button, before the reels have stopped.. thinking that it will give you a favorable outcome on your bet? Well, I have news for you... the outcome has been decided in milliseconds after you pressed the button for the bet, the GUI interface happens long after that to display the outcome of the bet to you. Grin

(Go into the developer mode of your browser to see this)

What patterns do you see and how much do you believe in it?

Auto gambling is definitely not a psychologically good way to gamble.

I too dislike auto spin but not for the reasons of being superstitious or paranoid that the casino may be trying to cheat you somehow, but rather for the objective reason that its not really gambling if you let a machine take over for you. Gambling is supposed to be a personal experience, thats why you came to the casino, right? To do it yourself?

Auto spin feels cheap and wrong, which is the main reason I think that some people are so suspicious of it.

When people gamble by themselves and lose/win, they consider that their own achievement/failure because it feels like it is. Auto betting feels like someone else is doing it for you, so when you lose money if feels like someone else's fault.

At the end of the day you leave the casino angry and frustrated even though it's not your fault.

uneng

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Quote from: Aikidoka on April 27, 2023, 01:44:19 PM

To be honest, I don't believe that patterns can be relied upon in pure luck based gambling games. However, I have a strategy that I used a few years ago that worked for me, but only when luck was on my side.

The strategy involves predicting whether a number from 1 to 100 is odd or even, and it can potentially double the amount you wager.

First, you would start by placing a bet of, for example, 0.001 BTC, and predict whether the number will be odd or even. If you win the bet, you will receive 0.002 BTC. If you lose, you should proceed to a second bet, but this time, with 0.002 BTC, and again predict whether the number will be odd or even. If you lose again, the next bet should be 0.004 BTC, and you should continue to double your wager until you win at least once.

Once you win, you should start from the beginning again.

It can work if you have a large enough amount to bet with, as the chances of losing 7 to 15 consecutive bets are relatively low.

However, I want to say that trying this strategy is at your own risk, and I no longer use it myself because I am not a fan of gambling in pure luck-based games. Personally, I prefer to gamble on sports games, as it adds an element of fun to the experience.

This is Martingale strategy you described. And indeed, it's impossible a pattern can be identified on this method. You can lose 7, 15 or even more times in a row, as results are completely random. You may think to lose more than 15 times in sequence is unlikely, but if you gamble consistently for several hours you will see it does happen more often than you expect.

It might be that Martingale gives us a false impression there is pattern which can be exploited through the strategy, but that is just our psychological working against us. Unfortunatelly most gamblers only see this once they lose their entire bankroll after a long loss streak.

harizen

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Quote from: Kakmakr on April 27, 2023, 07:10:48 AM

What patterns do you see and how much do you believe in it?

Different gamblers have their own preferences so even if there's no direct connection or anything technical related to increasing the winning chance, just let them believe what they think "if it's somehow effective for them". Somehow, once they experience a continuous losing streak, those things will be ignored now.

I do understand those people as personally, I admit, I do have my own things that I followed which I think, are effective at some point, especially when playing luck-based games such as casino games. But of course, technically, no relation to increasing my winning chances. It's more just an instinct and I don't see something wrong with having that own followed pattern in gambling at luck-based games.

The bottom line though, obviously, we should understand that gambling is gambling and always be responsible on our end.

ryzaadit

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Well, I been reading you too.

You also have some myth about the casino and other ~XD I think what you wrote in here are different with some conversation in the casino thread Grin

even you tell us the result has been decided, still playing and feel like a myth psych casino.

People are always believe in myth, that's just one of our psychology. Even my self sometimes belive it.

Findingnemo

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I beleive I will be lucky if I wear black and it's true to some extent but when we apply the common sense here let's imagine I believe black is lucky colour for me so I wear black all time or most of the time so at the end you didn't really noticed what happens when you wear other colours, but obviously it doesn't make sense while everyone has some superstitious beliefs and myself is not an exception to it.

But I keep it clear If I win I will be happy and if not just feel for loss and move on while most people try to chase and ends up losing more and more.

Frankolala

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I do have a betting strategy but it doesn't work most time. What I do on sportbet is to bet with little money on a short slip with this you can win something little and eben though, the result didn't come out as predicted, have nothing to worry about because I used the money that I can avoid to lose to stake.

Gambling is fun when you are not greedy, and don't see it as a game that will generate huge profit for you. It is when you think that you have to win big and put your hope on the game to be a life changer,this is when you fall for your emotions to stake with big funds,thinking that you will have a better chance of winning.

348Judah

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Quote from: Kakmakr on April 27, 2023, 07:10:48 AM

Some people seem to think that your bet size will increase your chances to win

Many gamblers will just come with their own style and approach to gambling and they will seem well convinced of such without even knowing they are just wrong in such approach, if this could have been the reality in gambling then everyone of us could have always source for more money in other to increase our chances of winning, or probably the rich people will be the ones always winning in gambling.

Quote from: Kakmakr on April 27, 2023, 07:10:48 AM

A lot of my friends believe that it is better to spin the Slots manually, because "Auto spin" are rigged by the casinos

What about those that also wins using the same auto spin, did the casino support them to win because they are familiar gamblers or because they know them in person or just wish to loose their money by granting any gambler a win using auto spin, we have adopted alot of wrong mentality in many areas of live and not in gambling alone and this were things actually far away from the truth about the real state of things.

Aikidoka

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To be honest, I don't believe that patterns can be relied upon in pure luck based gambling games. However, I have a strategy that I used a few years ago that worked for me, but only when luck was on my side.

The strategy involves predicting whether a number from 1 to 100 is odd or even, and it can potentially double the amount you wager.

First, you would start by placing a bet of, for example, 0.001 BTC, and predict whether the number will be odd or even. If you win the bet, you will receive 0.002 BTC. If you lose, you should proceed to a second bet, but this time, with 0.002 BTC, and again predict whether the number will be odd or even. If you lose again, the next bet should be 0.004 BTC, and you should continue to double your wager until you win at least once.

Once you win, you should start from the beginning again.

It can work if you have a large enough amount to bet with, as the chances of losing 7 to 15 consecutive bets are relatively low.

However, I want to say that trying this strategy is at your own risk, and I no longer use it myself because I am not a fan of gambling in pure luck-based games. Personally, I prefer to gamble on sports games, as it adds an element of fun to the experience.

DaNNy001

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Quote from: Slow death on April 27, 2023, 09:48:09 AM

in my case I only place sports bets, I only bet on a game after I have analyzed the two teams, this is strategy, I analyze the two teams that are going to play and when I analyze the game I think as if I were going to a battlefield what would I do to survive on the battlefield. for example there is an arsenal game against city ( game has already ended with an expected victory for city ) so the first thing to analyze is where they are going to play and the results that both teams had when playing at home and away from home in the last 5 games, then analysis and direct confrontation between these two teams, then I start by analyzing the formation of each team and its players individually, then I analyze the number of goals conceded and scored in the last 5 games, then I analyze the importance of the game for both teams

once this part is done, then I move on to the profitable part, I analyze the value of the odd if it will be worth it, in sports betting, making bets with an odd of @ 1.50 is not worth it, this in the long term is a big loss, that's why making a multibet bet it is the only solution to make a long-term profit, but the problem is that this strategy is very risky, it is enough to lose a single game for all bets to be lost, at the end of the day there is no winning strategy in games of chance, there is no lucrative way in gambling, everyone who is a customer loses and the only one who profits is the owner of the casino and his employees

Lol.

at first when I was going through your comment, I thought you had some kind of beautiful strategy to winning sport bets because thats the field am into too but its seem you have arrived at the one truth there is to gambling which is no strategy is full proof to guaranteeing you a winning its just a matter of how lucky you are. Sometimes myself after going through the stats of the game I want to bet on I discover that the end result is opposite to what I actually predicted. No can definitely win the casino, if they give you winning, its with their left hand and they take it all back with the right hand.

Fortify

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Quote from: Kakmakr on April 27, 2023, 07:10:48 AM

As humans, we are conditioned to look for patterns in life and we gamblers try to make predictions based on what we see, while we are gambling. The reality is that these patterns does not exist, but we like to pretend that they do because it helps us to bring order to the chaos that are gambling. Roll Eyes

Some people seem to think that your bet size will increase your chances to win, but that is simply a myth. The reality is that it simply means your payouts will be bigger when you do win.

A lot of my friends believe that it is better to spin the Slots manually, because "Auto spin" are rigged by the casinos... but that is also a myth. A lot of things come into play when a bet is made and it has nothing to do with the "auto bet" feature. (Client Seed / Server Seed & RNG and RTP ...)

Have you pressed the "bet" button, before the reels have stopped.. thinking that it will give you a favorable outcome on your bet? Well, I have news for you... the outcome has been decided in milliseconds after you pressed the button for the bet, the GUI interface happens long after that to display the outcome of the bet to you. Grin

(Go into the developer mode of your browser to see this)

What patterns do you see and how much do you believe in it?

To take it another step deeper, it's worth considering that gambling companies know about this behavior and try to capitalize on it. Not only are these gambling "games" a complex and complete blackbox, they can be engineered in all sorts of ways to squeeze a player. Maybe it is a simple random number generator behind it with an odds correcting algorithm so it doesn't stray too far from the RTP advertised in their favor. However it could just as easily be running lots of different algorithms and data mining activity to figure out how to get you to deposit even more. Whether that involves giving you lots of little wins and slowly depleting your balance over time, instead of allowing you to go bust immediately, or what other psychological tricks they can create.

bittraffic

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I did believe that dice have patterns. I kept doing it for years and even today once in a while I come back to try again whenever there is free money I earn from dividends.

I never won huge from those things although I just come back to spend the free EOS coins I earn. Maybe the psychology really affected me since lol Although sometimes I get tired of it and just cash out the coins from time to time.

Lida93

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Quote from: Oshosondy on April 27, 2023, 07:38:57 AM

I only have betting strategies and using martingale strategy at times after I knew it is very risky.

On the contrary there those who don't seem to see the Martingale strategy as one with a very high risk, but actually it is. The strategy is suited for those with big pockets and not for those with quite a bit, as you may have to lose your bets like on 7 rolls with a corresponding increase on stakes in each bets with a possibility of a win awaiting you on the 8th and if you're someone with a bit of little pocket you may not even survive to a fifth or sixth bet not to talk of reaching 8th to recover your losses.
And that's why based on this analogy, I take the Martingale strategy in gambling as a strategy favourable to those with large pocket.

Quote

Betting should be fun,

Gambling is only fun activity to the rich and wealthy in society, to the other side of the divide it's a different perspective and so it's dependent on where you stand that gambling especially when it involves money should be viewed as a thing of fun or not.

pawanjain

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Nothing lasts forever

My only strategies these days which is helping me to cut losses is betting randomly. LOL.
Betting randomly has given me not great profits but no major losses as well.
In a way the losses have decreased a lot since earlier I was using martingale which was giving me huge losses.
At least the losses have been cut which itself is like a win for me.

YOSHIE

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Quote from: Kakmakr on April 27, 2023, 07:10:48 AM

A lot of my friends believe that it is better to spin the Slots manually, because "Auto spin" are rigged by the casinos... but that is also a myth. A lot of things come into play when a bet is made and it has nothing to do with the "auto bet" feature. (Client Seed / Server Seed & RNG and RTP ...)

Is that true......! How does your friend know that slots are automatically rigged and manually bla.bla. is there any evidence.

To be honest, I often make bets in slot games, manuals are boring for me, even though I rarely press the automatic button, but I often place bets by buying bonuses, rounds are also automatic but in a different way, only buying.

Overall buying bonuses in slot games, more profitable for me, I've won almost every time I made a round in the bonus purchase feature, it was fun for me and it worked, i think if the bookie is cheating in the method of buying bonuses the easiest thing if they do, the fact i saw nothing suspicious i think its a myth.

Rruchi man

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Quote from: Kakmakr on April 27, 2023, 07:10:48 AM

What patterns do you see and how much do you believe in it?

These patterns may not be real, but somehow unexplainable it has helped some gamblers get good wins from casino's.

For example, on slot games played online in some crypto casino's, I asked some of my friends who win big or have won big how they do it, and their response are always different each stating a pattern that they have noticed.

One said, "Whenever I play outside my house, that is on their mobile phones, they always record winning more significant than when they play at home."

Another said that, "He mostly plays slot on his laptop and notices that he getting bigger winning than when he plays on his mobile phone."

Another said, he plays mostly by midnight.

Another said that he gives breaks between the spins.

These are all patterns that these people have noticed, I do not blame them, we all like to think that somehow there is a way to attract/influence luck to be on our side whenever we gamble, especially with luck based games.

Cling18

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Quote from: rhomelmabini on April 27, 2023, 12:28:25 PM

Quote from: Kakmakr on April 27, 2023, 07:10:48 AM

What patterns do you see and how much do you believe in it?

I don't know but not seeing any patterns tbh and don't believe such a thing but maybe on more technical perspective of others they see it. If it's happening in milliseconds then that maybe not for human mind to see, or maybe not for me. So, it's best if we bet on sports rather than computer-based gambling.

I tried applying different patterns and strategies based on the success stories and testimonies of other gamblers but what I have learned is that the same fate doesn't always happen for everyone. We might believe in myths, mantras, and techniques but the result is usually luck based. Sports betting might be less risky since we can have a basis on where to bet or rely on trusted predictions compared to computer-based games but we should not disregard the fact that any form of gambling has risks of losing. We can actually create our own strategy but no technique is consistently reliable.

mindrust

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Quote from: Kakmakr on April 27, 2023, 07:10:48 AM

As humans, we are conditioned to look for patterns in life and we gamblers try to make predictions based on what we see, while we are gambling. The reality is that these patterns does not exist, but we like to pretend that they do because it helps us to bring order to the chaos that are gambling. Roll Eyes

Some people seem to think that your bet size will increase your chances to win, but that is simply a myth. The reality is that it simply means your payouts will be bigger when you do win.

A lot of my friends believe that it is better to spin the Slots manually, because "Auto spin" are rigged by the casinos... but that is also a myth. A lot of things come into play when a bet is made and it has nothing to do with the "auto bet" feature. (Client Seed / Server Seed & RNG and RTP ...)

Have you pressed the "bet" button, before the reels have stopped.. thinking that it will give you a favorable outcome on your bet? Well, I have news for you... the outcome has been decided in milliseconds after you pressed the button for the bet, the GUI interface happens long after that to display the outcome of the bet to you. Grin

(Go into the developer mode of your browser to see this)

What patterns do you see and how much do you believe in it?

I agree in general. When you play a luck based game, any of the possibilities can happen. People do martingale thinking that it will save them but then they lose 10 times in a row and boom then they need to wager a lot more to save their initial bet. When they lose 11th time, all of their stack will be gone. That's the most famous trap the gamblers fall in. Gambling is all about passing the time in a fun way. It is never about making money When the players forget that simple fact and try to make a living out of gambling, everything falls apart.

boyptc

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Quote from: Kakmakr on April 27, 2023, 07:10:48 AM

What patterns do you see and how much do you believe in it?

You win today and not tomorrow and maybe not again the next day.

That's the pattern that we all know that when we bet today, we're just lucky and it's totally our lucky day and so we take profits and enjoy with it before the casino takes it back.

There's the gambler's fallacy.

Quote from: rhomelmabini on April 27, 2023, 12:28:25 PM

So, it's best if we bet on sports rather than computer base gambling?

IMO, yup.

You get more chance winning in sports betting than with those type of games and they're mostly known as the luck based games. But you do choose what you think you've got more chance of winning.

rhomelmabini

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Quote from: Kakmakr on April 27, 2023, 07:10:48 AM

What patterns do you see and how much do you believe in it?

I don't know but not seeing any patterns tbh and don't believe such a thing but maybe on more technical perspective of others they see it. If it's happening in milliseconds then that maybe not for human mind to see, or maybe not for me. So, it's best if we bet on sports rather than computer base gambling?

Topic: The psychology of betting..... - page 9. (Read 1023 times)