The secret of gambling? - page 12. | Bitcointalksearch.org

Eugenar

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Quote from: Abiky on August 15, 2019, 04:15:32 PM

After playing gambling games hundreds of times, without much effort in winning substantial profits at all, it makes me wonder what could be the secret of gambling? Personally, I find myself comfortable playing crypto-based gambling games, because of their greater level of accessibility than traditional games. I believe that gambling games which use cryptocurrencies and Blockchain tech, are much fairer than traditional ones within the mainstream world. Yet, you tend to lose more money than you've initially invested into a gambling game.

Which is why, I'm deeply curious to know if there's actually a secret within gambling that would allow me to win more than losing? Any thoughts about this will be greatly appreciated.

I think there's no such thing as secret in gambling maybe you were pertaining to the luck. Besides, you won't need any secret in playing gambling because it won't be any help in your gameplay, the thing all matters in gambling is luck. It's more likely a fundamentals. There's one thing I could consider as secret, to control our emotion so that we wouldn't engulf by addiction.

stephanirain

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Quote from: Abiky on August 15, 2019, 04:15:32 PM

After playing gambling games hundreds of times, without much effort in winning substantial profits at all, it makes me wonder what could be the secret of gambling? Personally, I find myself comfortable playing crypto-based gambling games, because of their greater level of accessibility than traditional games. I believe that gambling games which use cryptocurrencies and Blockchain tech, are much fairer than traditional ones within the mainstream world. Yet, you tend to lose more money than you've initially invested into a gambling game.

Which is why, I'm deeply curious to know if there's actually a secret within gambling that would allow me to win more than losing? Any thoughts about this will be greatly appreciated.

The "secret" of gambling will depend on who you will ask of course. There are people who are into crypto gambling as their job or a way to earn money while some only gambles for entertainment. Nevertheless, both of them tries to reach at least the self-sustaining end of the bargain. Most people who made gambling as a job, often uses the strategy in where they seek low-medium pay out within long term period while those who are in for entertainment plays at high risk - high reward game environment.

slackovic

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My professor in college once asked us (students) why do we play lottery (the reason is almost the same as gambling). Of course, we all said to win money. But he says that's wrong. We play lottery for the thrill and expectation if our numbers will be drawn. I don't agree 100% with that, but there is something in that feeling when you bet on a game and then you watch it on the TV. You definitely get more excited if the team you bet on scores, don't you?

Genemind

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There is no secret in gambling. Winning is all about the odds, chance, skill,knowledge about the game and luck. That's what makes gambling fun, thrilling and addictive. Most people gamble for profit and thrill. Just enjoy gamblig but never make it a habit because it could lead to bankruptcy if you become addicted to it.

deisik

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Quote from: witcher_sense on September 30, 2019, 04:04:30 AM

Quote from: deisik on September 30, 2019, 03:33:08 AM

~
I would refer it to one of the basic emotions (so-called primal emotions) which most people cannot resist in a meaningful way. In fact, when you are already possessed by such an emotion (there are a few of them like anger or fear, which are hardwired in us), you can't actually resist their impact at all (until it expires on its own), so any decision you are likely to make under these circumstances will most certainly turn out suboptimal if not outright dangerous. And you then decide to continue gambling

But still, the difference between human beings and animals is the ability to control such primal basic emotions and instincts. It is always possible to avoid a situation where such emotions take control of a person, previous experience helps to make the right decision in many cases.
Proper self-analysis will help protect yourself from many problems, including those bad emotional things related to gambling

Absolutely agree with your view

As that's exactly what we should all be looking and striving for. If we can't control strong emotions like anger, fear (maybe, greed too) once they are triggered, we should do our best to avoid situations where such emotions arise and take control over us. With that said, though, it is more like a dream (if at all) rather than a reality for the majority of human beings. In most cases we behave pretty much like animals driven by instincts and knee-jerk reactions

Most of us are living in the present moment without ever looking back as to what happened in the past in similar circumstances or looking forward as to the remote consequences of our actions. Gambling is a perfect example of this pattern of behavior, and especially its extreme form which reveals itself in addiction when a gambling addict exists only in the present quite literally, with no memory of the past and with no idea about the future

witcher_sense

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Quote from: deisik on September 30, 2019, 03:33:08 AM

~
I would refer it to one of the basic emotions (so-called primal emotions) which most people cannot resist in a meaningful way. In fact, when you are already possessed by such an emotion (there are a few of them like anger or fear, which are hardwired in us), you can't actually resist their impact at all (until it expires on its own), so any decision you are likely to make under these circumstances will most certainly turn out suboptimal if not outright dangerous. And you then decide to continue gambling

But still, the difference between human beings and animals is the ability to control such primal basic emotions and instincts. It is always possible to avoid a situation where such emotions take control of a person, previous experience helps to make the right decision in many cases.
Proper self-analysis will help protect yourself from many problems, including those bad emotional things related to gambling.

deisik

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Quote from: SummerBliss on September 29, 2019, 08:25:20 AM

Quote from: deisik on September 28, 2019, 09:44:20 AM

Quote from: Betwrong on September 28, 2019, 05:00:32 AM

As someone who recently lost in one day several times more than what I could afford to lose, I urge you, guys, don't play poker when you are unstable

And it is not just about poker

As it refers to anything where the outcome (largely) depends on the quality of your decisions. That is kind of obvious, but sometimes you have to make a decision under pressure, for example, if you are running out of time and have to make up your mind anyway. And you may not leave, i.e. refrain from making any decision, as that would spell complete failure. The point is, you have to deal with your emotions somehow even if they are overwhelming you

Well it's easier said then done. The problem with gambling is that you don't know the stopping point. Let's talk a hypothetical example: You won one bet, you won another. Now you have 3x the amount you had initially. You decided to continue, you lost one, you continued, you won next. By this time, you are completely into game and decided to make you money 5x at least. But you lost all three of your next bets and ended with zero money

I wholeheartedly agree with you as we are easily obsessed with things that arouse us so much

Quote from: SummerBliss on September 29, 2019, 08:25:20 AM

Something similar happens to me everytime I decided to try casino. It's not like I don't win, I do win almost half of the bets but I hardly remember if I ever withdrew my winnings. Every time, every single time, I end up losing all money in the end

Greed ruined many a gambler (and a trader too, for the record)

I would refer it to one of the basic emotions (so-called primal emotions) which most people cannot resist in a meaningful way. In fact, when you are already possessed by such an emotion (there are a few of them like anger or fear, which are hardwired in us), you can't actually resist their impact at all (until it expires on its own), so any decision you are likely to make under these circumstances will most certainly turn out suboptimal if not outright dangerous. And you then decide to continue gambling

Saint-loup

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Quote from: Hippocrypto on September 29, 2019, 05:14:09 PM

We all have each secrets in life, part of it was the strategy for survival in order to make a living. In gambling if you do have a ways on how to win, then that secret is your gift. No one could take it from you, once you've managed to fulfill a stable betting play avoid being greedy. Most people who win gambling along with their strategies as their secret formula, tend to forget in controlling themselves and became addicted.

I don't think there is a secret, the secret is to understand entropy and probabilities, and to dominate his emotions and feelings I think.
But OP is right in cryptos traditionally more games are fair than fiat ones paradoxically, it's because of the provably fair cryptographic concept which didn't exist in gambling games before cryptos

2double0

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OP are you sure you want to know about the secret of gambling or the secret to invest and gain profits through gambling? Betting and investing are 2 different scenario.

There is no secret in gambling TBH, you need to be focused on your bet and put bets only upon games where you see at least 90% chances of win. If you lose, calm down is the best strategy and your honest towards your capital saves you from losing everything on one bet. If you know when to stop, you don't need any special mantra in gambling.

Hippocrypto

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We all have each secrets in life, part of it was the strategy for survival in order to make a living. In gambling if you do have a ways on how to win, then that secret is your gift. No one could take it from you, once you've managed to fulfill a stable betting play avoid being greedy. Most people who win gambling along with their strategies as their secret formula, tend to forget in controlling themselves and became addicted.

Best Dreams

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Quote from: deisik on September 28, 2019, 09:44:20 AM

Quote from: Betwrong on September 28, 2019, 05:00:32 AM

As someone who recently lost in one day several times more than what I could afford to lose, I urge you, guys, don't play poker when you are unstable

And it is not just about poker

As it refers to anything where the outcome (largely) depends on the quality of your decisions. That is kind of obvious, but sometimes you have to make a decision under pressure, for example, if you are running out of time and have to make up your mind anyway. And you may not leave, i.e. refrain from making any decision, as that would spell complete failure. The point is, you have to deal with your emotions somehow even if they are overwhelming you

Yeah it’s really true you will have to control your emotions and you will have to game with your mind not with heart. During gambling try it accept your mistakes and learn from it. Never give up just rely on your skills just be positive and play with your full effort don’t make or take any emotional decision, don’t be greedy ever in your life.

Betwrong

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Quote from: SummerBliss on September 29, 2019, 08:25:20 AM

Quote from: deisik on September 28, 2019, 09:44:20 AM

Quote from: Betwrong on September 28, 2019, 05:00:32 AM

As someone who recently lost in one day several times more than what I could afford to lose, I urge you, guys, don't play poker when you are unstable

And it is not just about poker

As it refers to anything where the outcome (largely) depends on the quality of your decisions. That is kind of obvious, but sometimes you have to make a decision under pressure, for example, if you are running out of time and have to make up your mind anyway. And you may not leave, i.e. refrain from making any decision, as that would spell complete failure. The point is, you have to deal with your emotions somehow even if they are overwhelming you

Well it's easier said then done. The problem with gambling is that you don't know the stopping point. Let's talk a hypothetical example: You won one bet, you won another. Now you have 3x the amount you had initially. You decided to continue, you lost one, you continued, you won next. By this time, you are completely into game and decided to make you money 5x at least. But you lost all three of your next bets and ended with zero money.
Something similar happens to me everytime I decided to try casino. It's not like I don't win, I do win almost half of the bets but I hardly remember if I ever withdrew my winnings. Every time, every single time, I end up losing all money in the end.

Yes, sometimes I lose control, and lose more than I can afford to lose in one day, but it happens very rare, maybe once or twice in a year. Most of the time I don't go over my limits, and that's why I consider myself far from being addicted to gambling.

Since this topic is about the "secret of gambling", I want to share my little secret with you. It's about when to stop if you are winning. If I win more than or equal to my current balance I stop. I don't necessarily withdraw, but I definitely call it a day, and in a good mood I move on to other matters. Try it. It makes the experience more entertaining.

SummerBliss

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Quote from: deisik on September 28, 2019, 09:44:20 AM

Quote from: Betwrong on September 28, 2019, 05:00:32 AM

As someone who recently lost in one day several times more than what I could afford to lose, I urge you, guys, don't play poker when you are unstable

And it is not just about poker

As it refers to anything where the outcome (largely) depends on the quality of your decisions. That is kind of obvious, but sometimes you have to make a decision under pressure, for example, if you are running out of time and have to make up your mind anyway. And you may not leave, i.e. refrain from making any decision, as that would spell complete failure. The point is, you have to deal with your emotions somehow even if they are overwhelming you

Well it's easier said then done. The problem with gambling is that you don't know the stopping point. Let's talk a hypothetical example: You won one bet, you won another. Now you have 3x the amount you had initially. You decided to continue, you lost one, you continued, you won next. By this time, you are completely into game and decided to make you money 5x at least. But you lost all three of your next bets and ended with zero money.
Something similar happens to me everytime I decided to try casino. It's not like I don't win, I do win almost half of the bets but I hardly remember if I ever withdrew my winnings. Every time, every single time, I end up losing all money in the end.

BitcoinHunt3r

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Quote from: deisik on September 28, 2019, 09:44:20 AM

Quote from: Betwrong on September 28, 2019, 05:00:32 AM

As someone who recently lost in one day several times more than what I could afford to lose, I urge you, guys, don't play poker when you are unstable

And it is not just about poker

As it refers to anything where the outcome (largely) depends on the quality of your decisions. That is kind of obvious, but sometimes you have to make a decision under pressure, for example, if you are running out of time and have to make up your mind anyway. And you may not leave, i.e. refrain from making any decision, as that would spell complete failure. The point is, you have to deal with your emotions somehow even if they are overwhelming you

About "unstable" it will be really bad to do anything not only gambling. Even trading with unstable condition isa bad idea. It is better to rely on luck in gambling activity, because although we force to play with stress, if not luck means we not win. About poker and strategy gambling, when we not luck like not get good cards, big possibilities we can lose in the game.

Colt81

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Quote from: Abiky on August 15, 2019, 04:15:32 PM

After playing gambling games hundreds of times, without much effort in winning substantial profits at all, it makes me wonder what could be the secret of gambling? Personally, I find myself comfortable playing crypto-based gambling games, because of their greater level of accessibility than traditional games. I believe that gambling games which use cryptocurrencies and Blockchain tech, are much fairer than traditional ones within the mainstream world. Yet, you tend to lose more money than you've initially invested into a gambling game.

Which is why, I'm deeply curious to know if there's actually a secret within gambling that would allow me to win more than losing? Any thoughts about this will be greatly appreciated.

Honestly, there are no any techniques or strategies to win in gambling because gambling is all about chances or luck for you to experience a huge winnings, but there gambling games which you can use a strategy like poker which you can bluff your opponents that you will pretend that you have a high card to make them fold their cards.

deisik

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Quote from: Betwrong on September 28, 2019, 05:00:32 AM

As someone who recently lost in one day several times more than what I could afford to lose, I urge you, guys, don't play poker when you are unstable

And it is not just about poker

As it refers to anything where the outcome (largely) depends on the quality of your decisions. That is kind of obvious, but sometimes you have to make a decision under pressure, for example, if you are running out of time and have to make up your mind anyway. And you may not leave, i.e. refrain from making any decision, as that would spell complete failure. The point is, you have to deal with your emotions somehow even if they are overwhelming you

samputin

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Quote from: snakey on September 28, 2019, 05:18:54 AM

Quote from: rizkyrz on September 28, 2019, 01:52:02 AM

Calmness and rationality in making decisions in my opinion are important things to learn in gambling.
Many gamblers are stuck in emotional situations such as wanting to get more and more and lead to loss.

Calmness and rational thinking is fine but there is nothing to earn in gambling. Every event has 50-50 outcome, controlling greed could be one of factor where one can focus if he want to be long term gambler.

Gambling is indeed 50-50. It's unpredictable. You cannot really know if you'll win or lose.

And you both are right. With your statements, we can say that calmness and rational thinking plays a factor in gambling. Though it does not guarantee a 100% win, at least it can help you control your greed and your emotions which allows you to minimize your loss.

Pab

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Is there any secret.In a case of skills games and sport betting everything is about knowledge
In a case of gambling everything is about luck
But if we gamble against cheating casino our chances are small
I have been reading about Germans guys who has discovered bug in online casino
That way they have won .Casino refused to pay them .Case went to court and they have won at court.Court told that that is was casino fault not illegal players behavior
Usually newcomers are wining small money.It is casino tactic to catch gamblers
So maybe you can show yourself like a new player.You are playing against software.Clean your cookie use different
vpn connection etc.Win small go next casino and repeat

snakey

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Quote from: rizkyrz on September 28, 2019, 01:52:02 AM

Calmness and rationality in making decisions in my opinion are important things to learn in gambling.
Many gamblers are stuck in emotional situations such as wanting to get more and more and lead to loss.

Calmness and rational thinking is fine but there is nothing to earn in gambling. Every event has 50-50 outcome, controlling greed could be one of factor where one can focus if he want to be long term gambler.

Betwrong

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Quote from: Abiky on September 27, 2019, 09:07:03 PM

~ Emotions is what really kills it, as you could lose all of your money in an instant. Sometimes it's best not to be too greedy, in order to maintain your financial stability for years to come. Despite this, gambling makes us think that we'll become rich in the long run. It's that feeling that keeps you going, no matter how much money you lose in the end. As for me, I try to play it safe by not betting more than what I can't afford to lose. After a long time playing popular games like Dice and Slots, I've found out that there's really no secret to gambling at all. Most games are based on luck, where a few are based on your skills. If you're good enough playing games like Poker and Blackjack, then chances will be that you'll win more than you'll lose over time.

Nonetheless, the best route for any gambler would be investing into the casino's bankroll. There is still some risk involved here, but it's much lower than playing games with the hope of profiting in the short term. All in all, with discipline, you'll be able to control your emotions in order to stop gambling at the right time before it's too late. Just my opinion

I agree with you on emotions. I've noticed an interesting thing which I want to share here. While in games based purely on luck, such as dice, slots etc., your emotions play insignificant part, and you can even win big when you are upset and agitated, in skill based games, such as poker, if you are not calm and cannot concentrate, you can hardly win any game.

As someone who recently lost in one day several times more than what I could afford to lose, I urge you, guys, don't play poker when you are unstable.

Topic: The secret of gambling? - page 12. (Read 3636 times)