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Topic: Why fool yourself ? - page 3. (Read 1675 times)

legendary
Activity: 1120
Merit: 1008
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July 14, 2016, 12:02:00 PM
#23
Simple answer anyone can give you is risk of lossing is very high for 50% than 90% and if you really look only the potential profit in one roll why don't go with 1% winning odd.  Wink
hero member
Activity: 728
Merit: 500
July 14, 2016, 11:57:38 AM
#22
I will say to those who put on stake their money and say we gamble for fun is another form of fooling themselves. It is true you will not go to take risk of your money if you aware of the every possibility. You simply fool yourself and also try to foll others as well by saying we gamble for fun. It is most common excuse of escaping the reality.
legendary
Activity: 1302
Merit: 1027
July 14, 2016, 11:57:18 AM
#21
anyone who gambles anything expecting to do well out of it is fooling themselves. you should be doing it for fun, nothing more. if you're not having fun then it's time to step away.

I believed on what you had just said.

Same as what I want with gambling is to have a fun with it.

So I think everyone should consider gambling as a source of fun only and not a source of money for living.

Gambling is made to entertain gamblers so that they get fun from it and from playing in it.
when you consider gambling as a source of money, then do you think you actually want to earn from unstable way of getting a money or losing something in it.

I believed now that almost every gamblers do play for fun now.




What you are telling is what been said mostly on this type of topic thread but even then who ever is gambling is only for fun for some time , but when he loses more then it become recovery option and then they get addicted so we cannot tell what is the problem.

fooling is playing gambling for fun and then starting to earn itself is fooling yourself. Stop gambling let it be for fun or real dont gamble.
full member
Activity: 182
Merit: 100
July 14, 2016, 11:51:33 AM
#20
anyone who gambles anything expecting to do well out of it is fooling themselves. you should be doing it for fun, nothing more. if you're not having fun then it's time to step away.

I believed on what you had just said.

Same as what I want with gambling is to have a fun with it.

So I think everyone should consider gambling as a source of fun only and not a source of money for living.

Gambling is made to entertain gamblers so that they get fun from it and from playing in it.
when you consider gambling as a source of money, then do you think you actually want to earn from unstable way of getting a money or losing something in it.

I believed now that almost every gamblers do play for fun now.


legendary
Activity: 1288
Merit: 1087
July 14, 2016, 11:46:17 AM
#19
anyone who gambles anything expecting to do well out of it is fooling themselves. you should be doing it for fun, nothing more. if you're not having fun then it's time to step away.
hero member
Activity: 686
Merit: 500
July 14, 2016, 11:35:56 AM
#18
It is true there is very low chance to get recover when we lost on odds like 1.01 or something around that, than we had to take risk with more big amount to get recover and if we are unlucky than will get busted for sure, I also like to play with bigger odds to take risk of low amount.
full member
Activity: 182
Merit: 100
July 14, 2016, 11:31:26 AM
#17
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....

Yeah you are right,

If we try to simply calculate the difference with betting in low odds and the other one when it regards to percentage of winning, then we do pose more profit if we win at 1 roll at 50 %.

but for me actually, I do  Not recommend playing a dice game in gambling as it tends to make you lose more of your money in the long run rather than win some from it.
hero member
Activity: 644
Merit: 500
July 14, 2016, 11:24:36 AM
#16
People fool themselves because they need reasons to remain in gambling. I also saw many people inclusive myself when lost some significant amount of money said will not play anymore. It was me later who convinced me made fool of me , that trying different way this time luck will work and all will be in my favor. We don't understand that we foolish ourselves but not to someone else.
I really feel you here sir hahaha, always saying that dice games was sucks and just wasting my time instead of doing trading but in the other side of my mind i'm still thinking how to win with the house carefully calculating the possible earnings or the possible bet that I need using martingale and avoid to lose again hahaha. for me that's fooling yourself already.
hero member
Activity: 700
Merit: 500
July 14, 2016, 11:20:22 AM
#15
People fool themselves because they need reasons to remain in gambling. I also saw many people inclusive myself when lost some significant amount of money said will not play anymore. It was me later who convinced me made fool of me , that trying different way this time luck will work and all will be in my favor. We don't understand that we foolish ourselves but not to someone else.
sr. member
Activity: 266
Merit: 250
July 14, 2016, 11:10:49 AM
#14
I think better make bet with 99,99999999999999% chances on win, because you can live your life and never seen lose)
legendary
Activity: 1344
Merit: 1000
July 14, 2016, 11:04:56 AM
#13
No matter what odds you select in a dice game, the house edge is still there.
Even if a select a very high chance of winning (>90%), one loss can wipe out your profits from 10 wins.

The reason why people select to bet at such low odds is they have a very high chance of winning than at standard 50% chance.
legendary
Activity: 1073
Merit: 1000
July 14, 2016, 10:39:38 AM
#12
The house edge won't change no matter what, if you bet on dice.

Just do whatever you want, bet on low odds is no different than bet on high odds
hero member
Activity: 714
Merit: 500
July 14, 2016, 10:28:35 AM
#11
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
well if you do low odds bets continuously , sure you would lost it more than bet on 50:50 chance. let's say you bet 1btc at 1.1 odds , you won it 5x and you get 0.5 profit or 50% profit. this kind low odds bet only work for once or twice bet.

Do low odds bets continuously is very dangerous, especially on dice sites. you will ended with busted for sure, but if you bet on that odds for short run, you can easily get profit.

True, do a lowly betting (odds) will have an impact on the Fund put dangerous, because we want results but it takes a little sacrifice is not comparable from the results obtained. But the way I think it is very useful for those who want to get out in the gambling.
sr. member
Activity: 434
Merit: 250
July 14, 2016, 10:24:50 AM
#10
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
well if you do low odds bets continuously , sure you would lost it more than bet on 50:50 chance. let's say you bet 1btc at 1.1 odds , you won it 5x and you get 0.5 profit or 50% profit. this kind low odds bet only work for once or twice bet.

Do low odds bets continuously is very dangerous, especially on dice sites. you will ended with busted for sure, but if you bet on that odds for short run, you can easily get profit.
hero member
Activity: 700
Merit: 500
July 14, 2016, 09:53:27 AM
#9
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....

Betting depend on our luck so it is not good idea to roll the dice on low payout like 98% win chance, I got 4 reds in row and more than 13 reds in just 30 bets, normally I also like to with 2x payout it is more better to play on a dice site instead to lose big amount on other high win chance there.
legendary
Activity: 3500
Merit: 1354
July 14, 2016, 09:46:47 AM
#8
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
I think you're wrong. 1 roll at 50% can make you lose 100%. Whereas 5 rolls on 90% can lead to win with a higher probability

Depends on your luck, you can lose all those 5rolls on 90% as well and it make you lose 500%. In order to make the same amount of profit, I will prefer to use 1 roll at 50% than 10rolls at 90% because the risk to lose in first bet is the same.
legendary
Activity: 1442
Merit: 1001
July 14, 2016, 07:38:20 AM
#7
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....

As far as I know if someone rolled  90% then if the bet lost he would raise the amount bet to close defeat
if someone rolled up 90% and then lose and roll with the same bet I'm sure he  never win because I've tried
I'd rather roll up 0.1% comparison 1/999 this way is much better
legendary
Activity: 1134
Merit: 1598
July 14, 2016, 07:29:42 AM
#6
This is right, but you see.. you are getting fooled even by playing with 50% odds. It never works for a long run, just (maybe) the first bets. I usually bet a few satoshis as a pre-roll, I win all of them, and then I go all in and loose all. This is why we are told to stay safe: everything looks too good to be true when it comes about gambling. And it is. Stay safe, guys! Don't risk it all! Because you can loose all you had as fast as you can double it.
hero member
Activity: 686
Merit: 500
July 14, 2016, 07:26:03 AM
#5
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
I think you're wrong. 1 roll at 50% can make you lose 100%. Whereas 5 rolls on 90% can lead to win with a higher probability

50% or 90% can both lose in the very first roll. I can only see here is the 1 roll is better coz you will only hit by the house edge 1 time unlike in 5 rolls at 90% win chance there will be 5x 1% house edge against you
legendary
Activity: 3234
Merit: 1399
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July 14, 2016, 06:58:11 AM
#4
Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.

That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.

Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%

5rolls of 90% = 50% profit.

1 roll at 50% = 100% profit.

Ita basic maths people....
I think you're wrong. 1 roll at 50% can make you lose 100%. Whereas 5 rolls on 90% can lead to win with a higher probability
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