Title: The Myth of Hot Streaks Post by: Jating on November 29, 2024, 05:36:55 AM Ever think of hot streaks when you play? Let's say luck base games such as slots or roulette? As per definition,
Quote A run of good "luck" or winning hands Or maybe some of us here have been captivated or even experience with this kind of winning successively in a given night? For me, yes, I had this incredible run in a roulette games wherein I was so lucky that night that I have a streak of winning 10 consecutive single bet numbers and I have ended with a lot of money about 2-3 weeks ago and I can't believed it. However, I try to do some research and there are no basis for it, I guess I was just so lucky that night. How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? Title: Re: The Myth of Hot Streaks Post by: GreatArkansas on November 29, 2024, 05:45:11 AM That's pure luck. I already experienced this also but it's very rare to happen to me :D It means I'm not that lucky.
Some also say that once you experience this, you always go all-in or bet higher wagers. Some also say that you must stop once you are already on a streak so you can take profits. Title: Re: The Myth of Hot Streaks Post by: Yaunfitda on November 29, 2024, 05:49:46 AM That's pure luck. I already experienced this also but it's very rare to happen to me :D It means I'm not that lucky. Right, there is no such thing, it could be just psychological to most gamblers, but it's just pure luck on our side. There are no even science based to back this claim. And this is also all about "Gambler's fallacy". I also had some experienced with it, and sometimes I compute what will be the chance of let's say the next game will be banker? if we talk about baccarat, as when you see 3 successive player, and you think that maybe the next one will be banker? We should remember that each outcome is entirely independent of the previous one. And with that, we shouldn't be overconfident when we are in a hot streak, sooner or later it will end and you might end up losing more. We should still stay objective and to set our limits.Some also say that once you experience this, you always go all-in or bet higher wagers. Some also say that you must stop once you are already on a streak so you can take profits. Title: Re: The Myth of Hot Streaks Post by: Apocollapse on November 29, 2024, 05:57:46 AM It's very rare hot streaks happen in my gambling session.
Even I do win streak, but it's either I bet low or the odds is low, so I didn't earn much. I feel like I'm just lucky, gambling isn't a game where I can have a character with best stats which almost zero chance to lose. It's a random game, so I will not be always win streaks even I ever experienced it. Title: Re: The Myth of Hot Streaks Post by: Kelward on November 29, 2024, 06:39:59 AM When you experience hot streaks you shouldn't become overconfident that the winnings will always happen like that, just take it as your lucky day. If you come back another day and repeat your winning pattern or strategy, it's most likely that the winning streak won't happen again. Infact most gamblers can lose all their lucky wins in the process of believing that the streak will continue to happen. Believing in the streak myth is dangerous and can lead a gambler to addiction, so it'll be better to gamble with the amount that you can afford to loose, take profits and come back another day, hope to win and expect loses.
Title: Re: The Myth of Hot Streaks Post by: Outhue on November 29, 2024, 06:54:28 AM That's rare and it is fit to be called a luck, good for you that you accept it as just luck because this is the path where many gamblers got lost, they believe they are in total control, so more luck is waiting for them, in the end they will lose everything and start over again.
A smart gambler will always believe that every wins are luck and not because he is smart or anything, this will push you to make the right choices, like quitting the gamble for the day and also taking your wins. I was lucky twice before and since then I don't get lucky much but I am not in gamble because of money, I am here to catch some fun. Title: Re: The Myth of Hot Streaks Post by: Stablexcoin on November 29, 2024, 07:27:49 AM When you experience hot streaks you shouldn't become overconfident that the winnings will always happen like that, just take it as your lucky day. If you come back another day and repeat your winning pattern or strategy, it's most likely that the winning streak won't happen again. Infact most gamblers can lose all their lucky wins in the process of believing that the streak will continue to happen. Believing in the streak myth is dangerous and can lead a gambler to addiction, so it'll be better to gamble with the amount that you can afford to loose, take profits and come back another day, hope to win and expect loses. Exactly, hot streaks come once in a while. Not all the time. So we shouldn't be carried away by how lucky we are that period and start expecting it's going to be like that all the time. Some days everything goes as planned, you predict you win. Eventually, if we tend to repeat the same strategy/pattern another day we may likely not win. Although there is a probability that the second day you may win the odds are low. Because it's not gambling with the same pattern that guarantees the win but rather the luck involved. Let us also keep in mind that we can be lucky for a long period of time. Still, we shouldn't feel it by our ability. If not we might decide to stake big and expect a big win not knowing it's going to be a huge loss for us.Title: Re: The Myth of Hot Streaks Post by: TravelMug on November 29, 2024, 07:32:33 AM When you experience hot streaks you shouldn't become overconfident that the winnings will always happen like that, just take it as your lucky day. If you come back another day and repeat your winning pattern or strategy, it's most likely that the winning streak won't happen again. Infact most gamblers can lose all their lucky wins in the process of believing that the streak will continue to happen. Believing in the streak myth is dangerous and can lead a gambler to addiction, so it'll be better to gamble with the amount that you can afford to loose, take profits and come back another day, hope to win and expect loses. But that is thing when you experience this hot streaks in gambling, you become too overconfident that you bet more than you used to. And so still not an assurance that you are going to win because you think that you are in control and feeling that you know what will be the outcome. And I do agree, that if you are too overconfident, just one lost and everything will turn out bad for you. Because after taking a L, reality sets in, and then you thought that you are invincible but you are not and you are back to 0 and you don't know if you can replicate again. But that is luck, and it's only changing. Title: Re: The Myth of Hot Streaks Post by: Cryptmuster on November 29, 2024, 07:34:32 AM Ever think of hot streaks when you play? Let's say luck base games such as slots or roulette? As per definition, Quote A run of good "luck" or winning hands Or maybe some of us here have been captivated or even experience with this kind of winning successively in a given night? For me, yes, I had this incredible run in a roulette games wherein I was so lucky that night that I have a streak of winning 10 consecutive single bet numbers and I have ended with a lot of money about 2-3 weeks ago and I can't believed it. However, I try to do some research and there are no basis for it, I guess I was just so lucky that night. How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? Of course, it's just luck, nothing more, I can't imagine what kind of research can be done in roulette, except that you can play for a long time at one table and see if it's possible that certain numbers come up more often than others (this is possible if there are uneven spots, or the table is not set up correctly), but the dealer would definitely notice this, and players who sit for a very long time at one table start to be watched more closely. So yes, it's just luck, winning 10 times in a row at roulette is a huge success. Title: Re: The Myth of Hot Streaks Post by: un_rank on November 29, 2024, 07:45:42 AM Gambling in its entirety is based on luck, except for maybe real life games where experience comes in. You have no idea how the algorithm is set and what will be winning numbers for the next round, but if you are on a winning streak, I see no point stopping, until maybe you hit one loss or two. If you are riding a good horse, keep riding.
The mistake some people make is they think it is their lucky day and even after a couple of losses they keep playing, chasing the streak again and can end up losing all the amounts they have gained while winning. - Jay - Title: Re: The Myth of Hot Streaks Post by: ajiz138 on November 29, 2024, 07:55:38 AM I've had a winning streak in slot games with (buy spins) 3x attempts at winning in the amount of 3x this is really unexpected and I think tonight is full of luck.
Then don't think in the game there is a strategy or something else to increase the chances of winning because for me this game is like clear luck. The next day we played again and didn't win, so we believe this is some kind of luck and there is no myth. Title: Re: The Myth of Hot Streaks Post by: Davidvictorson on November 29, 2024, 08:05:58 AM How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? A winning streaks may be out of pure luck. It may also be that the casino may at that time have some technical glitches that the user was just lucky to stumble upon and experience such winning streaks. I know that the latter happens although not frequently. Personally, I am yet experience such winning streaks and the day I do, I will be so happy. There are even skill based games where the player also experience a winning streak. Such a player may be very skillful in the game. Such a player may be playing against amatures. It happens but it doesn't happen often.Title: Re: The Myth of Hot Streaks Post by: Don Pedro Dinero on November 29, 2024, 08:13:03 AM However, I try to do some research and there are no basis for it, I guess I was just so lucky that night. Of course there is no basis, if you study statistics applied to casino games you will see that each bet is an independent event and what you call streak or run of good luck is a series of the many that occur in the long term that in this case has favoured you. This popular belief of being on a streak has been repeatedly reflected in literature and film, but it is nothing more than a mistaken belief in some sort of causal relationship that does not exist. Title: Re: The Myth of Hot Streaks Post by: Charles-Tim on November 29, 2024, 08:16:58 AM How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? First is that this should be more about slots than roulettes. Something like this in roulettes would be when you go for just a single number and it was the number than the roulette selected. That kind of odd would be 30 and above which is not small. But in slot, you can win even more. There was a time I used $1 to win $150 in a slot but I played many times. The overall winning was above $260. I do not think roulettes have such big odds but slots can also be low winning. About it to be luck, yes it is luck and nothing more than luck.Title: Re: The Myth of Hot Streaks Post by: Frankolala on November 29, 2024, 08:19:52 AM How I wish that I could turn back the hands of time to enjoy such long winning streak again. Initially, when I started gambling, six months later, I was able to have a long winning streak that I thought it was by my power. However, I knew that luck was involved but I allowed that to change my mentality towards gambling, and that made me to start gambling excessively because I wanted that moment to repeat itself again but till date, I have never been lucky to enjoy such winning streak.
Title: Re: The Myth of Hot Streaks Post by: viljy on November 29, 2024, 08:45:48 AM Congratulations on your good fortune, although I don't know what it is. There have been wins, but not many times in a row. But there were streaks of failure. So I have nothing to say on this issue, except that there are people who are born lucky, and there are other people. It's just fate, or, if you like, maybe it's karma. In general, this is manifested not only in games, but in the very fate of people.
Title: Re: The Myth of Hot Streaks Post by: danherbias07 on November 29, 2024, 09:09:55 AM I did experience this kind of event too and all I can say is I took advantage of it aa it lasts. I think I got x1500 in total of broken free spins and good rolls. I played slots and I actually cannot believe it could happen. Why? Its because I have been playing slots for a long time and thats the first time I had a winning streak although it was broken to different rolls.
I believe this could happen mostly for those who have lost way too much in one online casino, I take it as an RTP and they are just giving back a part of what we lost. Title: Re: The Myth of Hot Streaks Post by: Adbitco on November 29, 2024, 09:41:47 AM However, I try to do some research and there are no basis for it, I guess I was just so lucky that night. Yes you are truly lucky because most times it doesn't end well because I have involved myself with roulette weeks ago, though I am not a fan of roulette or slot but have been gradually putting attention over there to diversify and expand my areas of gambling maybe who knows if I could be lucky in that area than my usual route which I go gamble. Have been seeing lot of numerous stories about roulette and slots games but sometimes it requires at least basic skills to be able to play them, but most people often says is luck, yes I believe is luck so I don't have argue but someone needs more ideas to be able to play before luck plays in. Title: Re: The Myth of Hot Streaks Post by: Hewlet on November 29, 2024, 09:44:53 AM However, I try to do some research and there are no basis for it, I guess I was just so lucky that night. gambling in itself is a game of luck and even when you constantly win at a stretch in your games, it shouldn't be a bases for concluding that it is something that will happen more often.i have never experienced this in all my games even though it will be rewarding to see you winning games constantly at some point in time. the reverse has happened to me where i lost games at stretch and it appears almost as though luck has ran out of my side. in either case, how you react to them matters a lot. if you are lucky to experience consistent win, just enjoy the moment while it last and never allow it give you the thought that it is going to always be like that for other times. gambling is a game of luck, some fortunate and unfortunate moment will always come but none of it is to be taken as a law or a gambling technique that will always work in different circumstance. Title: Re: The Myth of Hot Streaks Post by: len01 on November 29, 2024, 10:49:15 AM I remember having such luck in roulette too and I remember, managed to collect winnings of around $800-900$ and started from a bet of $0.2 to $100. I found it very easy to get a winning streak.
And I also had a lucky day in football betting getting more wins than losses. In this concept, we actually only get lucky in a day and we won't be able to get it again in the future in the same game. Title: Re: The Myth of Hot Streaks Post by: Rruchi man on November 29, 2024, 11:11:31 AM Ever think of hot streaks when you play? Let's say luck base games such as slots or roulette? As per definition, If you gamble often on luck-based games, you're bound to experience this at some point where you have a run of wins. I believe that this is the luck that comes with consistency as the reward for efforts. If, as a gambler on luck-based games yet to experience this, you will someday, most likely on a day when you least expect. It is not an experience that reoccurs frequently, but I feel every regular gambler will experience it at least once in their gambling career, and it is not restricted or exclusive to certain games; any gambler playing any game where outcomes are not based on skills can experience this. Title: Re: The Myth of Hot Streaks Post by: Dr.Bitcoin_Strange on November 29, 2024, 12:04:11 PM It was just luck for you mate, I remembered when I first played Baccarat, I had series of consecutive wins throughout the game and I turned a small amount I started with to a huge amount. At some point I was tired of playing and just left but I didn't withdraw my wining. So, I decided to play the game again the next day but I lost all that money that I won on that first day. I have experienced the luck too.
Title: Re: The Myth of Hot Streaks Post by: Cointxz on November 29, 2024, 12:29:40 PM How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? I experienced this on my game and this the on,y time I won big amount. It’s the experience that most of your bets won no matter what game you played or having a smooth good run on any games. Title: Re: The Myth of Hot Streaks Post by: ethereumhunter on November 29, 2024, 12:32:21 PM It is rarely to win streaks if you don't have luck. Maybe only a few people who can gets their luck and win streaks the games. But they will difficult to repeat that in the next days because their luck will not always comes to them at that day. I never have that experienced but I can only wins for some time after lose some money. I do not want to try to keeps playing gambling because that can makes me lose too much money.
If you can win streaks someday, you are so lucky because not many people can gets the same thing as you. You should not continue playing gambling because that can makes you lose all of your money and you will regret it. Title: Re: The Myth of Hot Streaks Post by: SmartGold01 on November 29, 2024, 12:32:44 PM That's pure luck. I already experienced this also but it's very rare to happen to me :D It means I'm not that lucky. Do not listened to them with such advise because it's like a trap to entrapped you because you can't factor out what would happened in the next round of game, the little you had just take that or either you maintain within your wagering amount than to go increased it and lose all at a go. Do you know that is a sign of greed? Yes whenever someone is trying to increase their bet size when they secure winning to boost the next outcome is pure sign of ungrateful or becoming too greedy to win huge amount and this often results at wasting all their winning back to the casino.Some also say that once you experience this, you always go all-in or bet higher wagers. Some also say that you must stop once you are already on a streak so you can take profits. Title: Re: The Myth of Hot Streaks Post by: summonerrk on November 29, 2024, 12:40:57 PM . How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? Unfortunately, I have never had this happen, only once in poker I won two tournaments in a row. And the funniest thing is that I was an absolute beginner, which means that I won solely due to luck and only luck. And the funniest thing is that dozens of people participated in both tournaments, and I, who had only been playing poker for a month at that time, was able to beat them all. True, in the second tournament I took second place because I really wanted to sleep, because the tournament lasted several hours, and I had to get up at work. Nevertheless, it was nice. Title: Re: The Myth of Hot Streaks Post by: Wapfika on November 29, 2024, 12:53:32 PM . … Unfortunately, I have never had this happen, only once in poker I won two tournaments in a row. And the funniest thing is that I was an absolute beginner, which means that I won solely due to luck and only luck. And the funniest thing is that dozens of people participated in both tournaments, and I, who had only been playing poker for a month at that time, was able to beat them all. True, in the second tournament I took second place because I really wanted to sleep, because the tournament lasted several hours, and I had to get up at work. Nevertheless, it was nice. There’s a lot of newbie poker player manage to win despite being an amateur if luck is on your favor. Poker is not pure skill based game rather it balance between luck and skills since you can beat even the top poker player if you keep getting the most strongest hands possible based on the table cards. Having a simple knowledge about your card strength is already enough to play poker and dominate others if the luck is in you. Title: Re: The Myth of Hot Streaks Post by: summonerrk on November 29, 2024, 12:58:16 PM . … Unfortunately, I have never had this happen, only once in poker I won two tournaments in a row. And the funniest thing is that I was an absolute beginner, which means that I won solely due to luck and only luck. And the funniest thing is that dozens of people participated in both tournaments, and I, who had only been playing poker for a month at that time, was able to beat them all. True, in the second tournament I took second place because I really wanted to sleep, because the tournament lasted several hours, and I had to get up at work. Nevertheless, it was nice. There’s a lot of newbie poker player manage to win despite being an amateur if luck is on your favor. Poker is not pure skill based game rather it balance between luck and skills since you can beat even the top poker player if you keep getting the most strongest hands possible based on the table cards. Having a simple knowledge about your card strength is already enough to play poker and dominate others if the luck is in you. That's true, but you know as well as I do that there are ways to control the table in poker, from putting pressure on a big bank to a banal knowledge of mathematics (probability theory, of course). Also, the fact I described above is funny because poker is not roulette, and luck does not play such an overwhelming role. Nevertheless, I was very lucky, because nothing like this happened again. Well, it is obvious that if I had continued to play constantly, then according to probability theory, my success would have been bad, because I was a really mediocre player. Title: Re: The Myth of Hot Streaks Post by: lovesmayfamilis on November 29, 2024, 01:00:20 PM As soon as you begin to understand that you are strangely lucky everywhere you are, you will immediately be disappointed. We often begin to remember our lucky streaks in the past tense. We live on the best side of our lives but do not appreciate it until the moment comes when we need to compare before and after.
Thoughts, as scientists say, are sometimes material, but as soon as we remember this, we cannot subordinate what was randomly, and by a random thought, very successful earlier. Therefore, I think that being grateful for all the good and not burdening yourself with stress over various little things will be a good way to attract luck more often. Title: Re: The Myth of Hot Streaks Post by: TheUltraElite on November 29, 2024, 01:16:06 PM Getting a number of big wins one after the other instills a sense of false confidence. This is all just luck nothing to do with being the better gambler or worse.
If you are getting this type of outcomes, stop immediately. Your false confidence will drive you through the next loss without hindering and then the red streak will hit eventually leading you to a stage of net loss once again. False confidence is fatal in gambling. Title: Re: The Myth of Hot Streaks Post by: Ultegra134 on November 29, 2024, 01:24:07 PM Unfortunately, I have never had this happen, only once in poker I won two tournaments in a row. And the funniest thing is that I was an absolute beginner, which means that I won solely due to luck and only luck. And the funniest thing is that dozens of people participated in both tournaments, and I, who had only been playing poker for a month at that time, was able to beat them all. Haven't had this as well. 10 consecutive wins in a row is insane, especially if you consider that the OP's bets consisted of single numbers, not all black or red. I've had my fair share of luck winning 2/2 or 3/3 matches, whether that's the Euro championship or the Greek Super League or something else. I even got a 3/3 the previous weekend, with great odds in one of them and average for the other two, but it's not a consistent occurrence; I'll usually face a loss or two now and then, or per gambling session.True, in the second tournament I took second place because I really wanted to sleep, because the tournament lasted several hours, and I had to get up at work. Nevertheless, it was nice. Title: Re: The Myth of Hot Streaks Post by: hahay on November 29, 2024, 01:31:09 PM I might believe it too about hot streaks and not just myths but indeed, it is just about luck. Because if it is based on a strategy, then of course we will be able to repeat it again and again on one occasion and another. But anyway, the reality is that we will never be able to get a win with hot streaks like that consistently and thus, then the hot streaks that might happen only for a few days are clearly luck. At least, I also experienced it, for blackjack and roulette games but yes, it is just luck because I can no longer get moments like that even though I have tried.
Title: Re: The Myth of Hot Streaks Post by: panjul07 on November 29, 2024, 01:51:49 PM How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? I have a good winning streak on slots long time ago, it was by bonus buy to be more specific. At that time I made 10 bonus buy and all gave me profit although all were small profit per bet only but I consider it as good winning streak because it is rare to happen on slots. So I dont think it is a myth, it may happen when we are lucky but of course it is rare to happen. Losing streak is more real though because it happens almost all the time when we are gambling LOL. Title: Re: The Myth of Hot Streaks Post by: pawanjain on November 29, 2024, 02:12:03 PM Ever think of hot streaks when you play? Let's say luck base games such as slots or roulette? As per definition, Quote A run of good "luck" or winning hands Or maybe some of us here have been captivated or even experience with this kind of winning successively in a given night? For me, yes, I had this incredible run in a roulette games wherein I was so lucky that night that I have a streak of winning 10 consecutive single bet numbers and I have ended with a lot of money about 2-3 weeks ago and I can't believed it. However, I try to do some research and there are no basis for it, I guess I was just so lucky that night. How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? Obviously it's just pure luck. We shouldn't even think about finding out a strategy behind it. It's just as random as a losing streak. You were just to have played the winning streak, that's it. I am sure you would have encountered a losing stream some day too and so it's just the same as that. Title: Re: The Myth of Hot Streaks Post by: Alphakilo on November 29, 2024, 02:22:40 PM If you gamble often on luck-based games, you're bound to experience this at some point where you have a run of wins. I believe that this is the luck that comes with consistency as the reward for efforts. If, as a gambler on luck-based games yet to experience this, you will someday, most likely on a day when you least expect. I am thinking a horse racing where someone experiences hot streaks by betting on underdogs. Horses that people wrote of but then started winning races consecutively. This sounds like a movie script, yeah. I have yet to experience a hot streaks and each time I bet on a game, it is my silent prayer and earnest desire that the wins continue but it never does. What I fear about this is the losing streak which is called in gambling terms, chasing losses. There are games that increases the possibility of you having a hot streak but the one game that having a hot streak is the hardest is going to be crash games. Title: Re: The Myth of Hot Streaks Post by: Wexnident on November 29, 2024, 03:07:22 PM ~ You feel invincible till you lose. It doesn't make you one. I've had instances where I was on a streak. Definitely felt like I was above all, but that was it. I just "felt" like it, it didn't actually mean a thing. That's why in the majority of the cases where I do get a streak, after I lose I immediately stop. I don't want that mindset of "oh it's just one loss, can get it back since I was streaking earlier" idea to settle in my mind. I've had enough of dumb ideas settling in my mind with my first few years of gambling :P. And idk if it's a myth, but I do know it's just biased. You'd only ever realize its false in hindsight after all and not during. Title: Re: The Myth of Hot Streaks Post by: Jawhead999 on November 29, 2024, 03:07:51 PM If hot streaks happen for 1 time, it means you've suffered lose streaks for 100 times or more. :D
I had never experienced to win 10 times in a row, if I'm not wrong, I only won like 6 times in a row. While 10x consecutive losses had happened to me for many times, sometime I feel like the game is rigged lol. There are games that increases the possibility of you having a hot streak but the one game that having a hot streak is the hardest is going to be crash games. If you always cash out when the odds below @1.10, you will be fine. :DTitle: Re: The Myth of Hot Streaks Post by: maydna on November 29, 2024, 03:23:31 PM I never get winning streaks in slot game or other gambling games. I think that will because of the luck that will help us to win. But as I don't have much luck playing gambling, that winning streaks is not comes to me. If you can win streaks, you're lucky enough to win that money and sometimes, the money will be bigger than before. But you must aware of your winning because that can makes you difficult to stop gambling because you want to win more. Winning in gambling will depends on your luck so you can not hopes too much with that and could only enjoy the games.
Title: Re: The Myth of Hot Streaks Post by: dansus021 on November 29, 2024, 03:25:43 PM How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? I believe lots of all of us already fell the wins streak, on a win streak greedy start to take control of your body I know the feel and you just want to bet more and more and feel you can conquer any game that night. My last win streak is on mines I just put 5 bomb and then click 2 tiles and then take the profit and I continue to do so till I get the bonus or reach amount that I want. For It just pure luck and yes most of us maybe already know the feeling Title: Re: The Myth of Hot Streaks Post by: Maslate on November 29, 2024, 03:28:47 PM If we’re realistic about our chances of winning, we wouldn’t overthink this, as it’s obvious the odds are not in our favor, so if we’re lucky and on a hot streak, it can happen from time to time, but greed often stops us from cashing out at the right moment, making us lose the opportunity to secure our winnings.
The real problem comes when those lucky moments make us believe we have the skills to beat the roulette system, leading us to drain our bankroll quickly. Personally, I make sure to trust my gut when gambling and avoid overthinking, especially with roulette as it’s not the type of game to focus on heavily. If I feel lucky, I get a bit more aggressive, but once I hit a jackpot, that’s when I stop. Title: Re: The Myth of Hot Streaks Post by: Eternad on November 29, 2024, 03:41:08 PM I never get winning streaks in slot game or other gambling games. I think that will because of the luck that will help us to win. But as I don't have much luck playing gambling, that winning streaks is not comes to me. If you can win streaks, you're lucky enough to win that money and sometimes, the money will be bigger than before. But you must aware of your winning because that can makes you difficult to stop gambling because you want to win more. Winning in gambling will depends on your luck so you can not hopes too much with that and could only enjoy the games. Probably because you are playing games that has high volatility hence you already experience winning streak if you play games that has low volatility such as dice game with high win chance rate. You mention slot game which is one of the worst game you can play to test your winning streak. It’s very hard to continue winning on this game due to its game design. Better to try blackjack, craps and other games with fixed winning chance rate per bet so that you will playing with multiple variables that affects the game result. Title: Re: The Myth of Hot Streaks Post by: khiholangkang on November 29, 2024, 03:50:02 PM It was just luck for you mate, I remembered when I first played Baccarat, I had series of consecutive wins throughout the game and I turned a small amount I started with to a huge amount. At some point I was tired of playing and just left but I didn't withdraw my wining. So, I decided to play the game again the next day but I lost all that money that I won on that first day. I have experienced the luck too. All the same, games based on luck are almost the same in talking about this, therefore not a few people who get big wins and play them again will lose their winnings, I have also experienced it and the average gambler I think has experienced it too whoever it is, it doesn't happen the next day losing the money won could be next week even though the money has been withdrawn, but gamblers who have a high curiosity value to try again will lose their winnings at another time.Title: Re: The Myth of Hot Streaks Post by: Vaculin on November 29, 2024, 04:05:43 PM I have already experienced this hot streak in gambling, I guess everyone does, most particularly for those experienced gamblers. However, the big challenge here is how to control yourself, how to maximize your bankroll management, otherwise if you continue betting without setting limits on your profits, the reversal will happen next. And worst is, you end up losing all what you have won, and leave the casino without any penny left in your wallet.
Title: Re: The Myth of Hot Streaks Post by: OgNasty on November 29, 2024, 04:07:42 PM The same thing happens in basketball. While the statistics show that having a hot hand doesn’t actually exist, pretty much all players believe in feeding a guy when he’s hot or taking “heat check” shots. Sometimes people just have a good run that is memorable. While it may be against the odds when it happens, it’s a beautiful thing.
Title: Re: The Myth of Hot Streaks Post by: Hispo on November 29, 2024, 04:22:19 PM ... How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? It is indeed something I have experienced myself, I usually happens when I play dices and start having a good luck streak, hitting a winning number each time I roll. Though, I am afraid I get carried out by my own expectations of money and sonner of later I run our of good luck, losing money back to the casino, more than I had initially accumulated. It has happened twice to me as far as I can remember. I don't believe it has something to do with an unexplainable force of thing we cannot see or feel, it is just the theory of randomness at its finest and slightly leaning in our favor during a consequetivice number of times, but eventually it will go down again to the mean value or the average. Title: Re: The Myth of Hot Streaks Post by: Zlantann on November 29, 2024, 04:25:05 PM How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? It is common for gamblers to experience hot streaks especially if you gamble consistently. I have had such encounters so many times and I see it as purely luck. It is important to have the conviction that most casino games are determined by luck and luck cannot be predicted or controlled. Having the feeling that you are in charge because of successive winning streaks might make you lose all you have won. Hot streaks are real but assuming that you can predict when it will happen or how it will turn out is a myth. Don't be carried away by hot streaks, learn to control yourself. Title: Re: The Myth of Hot Streaks Post by: Peanutswar on November 29, 2024, 04:29:24 PM If game was a slot games I guess I can considered that player is very lucky because we know these games are the casino have the edge of the game. But we can't deny there's some really exist but few of them only because imagine most of the people are lucky so what's the purpose of the casino for sure sooner or later file a bankruptcy. I just experience wins streak with the sports book because I have the higher chance of odds of winnings it's could be a 33% or 50% win chance depends on the game you are following with. Some people test out their wins streaks, some of them they don't want to abuse their streaks so they play for the next day it depends on you how you will handle but be careful once you win already and lose back all your wins possible you get greedy to earn it back reason you to fall again
Title: Re: The Myth of Hot Streaks Post by: Dr.Bitcoin_Strange on November 29, 2024, 04:58:07 PM It was just luck for you mate, I remembered when I first played Baccarat, I had series of consecutive wins throughout the game and I turned a small amount I started with to a huge amount. At some point I was tired of playing and just left but I didn't withdraw my wining. So, I decided to play the game again the next day but I lost all that money that I won on that first day. I have experienced the luck too. All the same, games based on luck are almost the same in talking about this, therefore not a few people who get big wins and play them again will lose their winnings, I have also experienced it and the average gambler I think has experienced it too whoever it is, it doesn't happen the next day losing the money won could be next week even though the money has been withdrawn, but gamblers who have a high curiosity value to try again will lose their winnings at another time.You are right, it might not necessarily be that the gambler could win today and lose the next day, things differ. They could have experienced more weeks in the previous week but in the current week, all the money could be sweep back from the player to the casino. Title: Re: The Myth of Hot Streaks Post by: Findingnemo on November 29, 2024, 05:30:11 PM Someone's got lucky that's can be the only logical reason for that to happen and it can happen to anyone at any given day. To me personally I don't bet too much and I remember I had decent streaks with the dice but nothing great to remember or feel amused. Obviously felt happy but all the wins just back to the house pretty quickly followed by losing streak.
Probably I can answer it better if I ever win like 1000x or something like that. Title: Re: The Myth of Hot Streaks Post by: iv4n on November 29, 2024, 05:33:59 PM How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? Yes, there was that too... nothing is impossible in gambling, and amazing things happen to people. It's not something that happens often, but every time it does it feels great... and we really feel invincible in those moments. But experience says that everything has its end, after that we gamble still wanting to experience the same, a nice gain and an incredible feeling, but until it happens we lose and lose... opposite from a hot streak is a red/cold streak. Both exist, and the only question is how long they last. For most players, the red streak generally occurs more often and lasts longer. Sometimes even a hot streak won't give enough to cover all the losses... Title: Re: The Myth of Hot Streaks Post by: salad daging on November 29, 2024, 06:12:34 PM I have already experienced this hot streak in gambling, I guess everyone does, most particularly for those experienced gamblers. However, the big challenge here is how to control yourself, how to maximize your bankroll management, otherwise if you continue betting without setting limits on your profits, the reversal will happen next. And worst is, you end up losing all what you have won, and leave the casino without any penny left in your wallet. I think gambling players have experienced it, I myself have been in a positive trend where in the night the winning streak keeps coming, but it won't last long, this is just a momentary lucky day, so when you can't limit it with self-control the victory will return to the bookies.Where the winning streak, then did not realize when to stop, I continued to play until I lost unconsciously, at first I wanted to catch up with the loss again but because of the heat with curiosity this game continued to continue which in the end lost everything. So you don't need to do research from winning/losing in gambling because this is pure luck. Title: Re: The Myth of Hot Streaks Post by: alani123 on November 29, 2024, 06:41:25 PM The chances of having a winning streak is roughly similar to having a losing streak, although losing is ever so slightly more likely because of the house edge.
But aside of that, each roll of the dice/spin, hand etc. has its own chances. So don't fall for the belief that a new roll can affect the next one Win or lose your chances for the next one will be what they are. Otherwise you'd be a textbook case of gambler's fallacy. Srsly don't be that guy ;D The plain old truth with gambling is that there's a house edge and that you're slightly more likely to lose than to win always. The rest is just talk. Title: Re: The Myth of Hot Streaks Post by: Cantsay on November 29, 2024, 06:42:29 PM How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? I have experienced it before - maybe a couple times but never have the thought of being invisible or that I might have discovered a cheat code crossed my mind the reason behind this is that I’m well aware of the fact that the game is not something that has a pattern so if I start believing in some hot streaks just because I was able to use it to win a couple of times sooner than later I’ll no longer be in touch with reality anymore because I’ll start to chase after other hot streaks number and once a number gives a win twice I might start thinking that’s the number and instead of betting on a different number I’ll go for that one reducing my chance of winning. I’ve just conditioned my mind to not believe in it despite people saying it actually works (the few that are lucky to have experience it a couple of times). Title: Re: The Myth of Hot Streaks Post by: Samlucky O on November 29, 2024, 07:09:08 PM How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? Hot streak is just a mear luck and not a myth or not being invincible that no one can stop you. There are times we are lucky in betting, and all our prediction goes as planned and we win continuously. But that doesn't mean it's a myth or being smart. So during those periods we need to just embrace and sees it as our lucky days after much loses on a normal days. Perhaps is a way of blessing to us to cover up the loses we previously had. For me I have not had such wining streak up to 10 tickets at once but I have had lucky days where I often win than usual.Title: Re: The Myth of Hot Streaks Post by: SamReomo on November 29, 2024, 07:23:22 PM I had this incredible run in a roulette games wherein I was so lucky that night that I have a streak of winning 10 consecutive single bet numbers and I have ended with a lot of money about 2-3 weeks ago and I can't believed it. Well, then that night lady of luck was with you and that's the reason why you won 10 consecutive bets. It's hard to win 3 bets in row and winning 10 bets consecutively means that someone is highly lucky. Personally, I've never won even 3 bets consecutively but theoretically it's possible to win 10 or even more if someone's luck is in his/her favor.Title: Re: The Myth of Hot Streaks Post by: coolcoinz on November 29, 2024, 07:34:11 PM Yes, I did feel like that. It's the euphoria kicking in. You can actually get lucky like that and feel like something is wrong, broken, or whatever.
It's when you put a small amount of money to, start playing, bet - win, bet again - win, then you start thinking what if you bet more and lose, so you bet again, small and you win again and then you start considering that maybe it's a streak so you keep going... Every single gambler who plays a lot has been there. Usually you either go into disbelief and keep betting low so you don't lose when the streak ends and end up not winning a lot of money, or you go all in and eventually lose it all due to overconfidence. People who can take home a hefty sum are rare in this business. Title: Re: The Myth of Hot Streaks Post by: peter0425 on November 29, 2024, 08:02:59 PM Or maybe some of us here have been captivated or even experience with this kind of winning successively in a given night? For me, yes, I had this incredible run in a roulette games wherein I was so lucky that night that I have a streak of winning 10 consecutive single bet numbers and I have ended with a lot of money about 2-3 weeks ago and I can't believed it. Glad it ended well for you. I fully thought you were going to say that you got so greedy that in the end you came home with nothing but thankfully this is a different story than what I usually hear. ;DQuote How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? I don’t think there’s any scientific or logical explanation but I do believe we get lucky streaks. The same way sometimes we also get so unlucky but either way it is both temporary and we should know when to stop lest we catch ourselves in a compromising situation.Title: Re: The Myth of Hot Streaks Post by: Patikno on November 29, 2024, 08:39:58 PM How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? Of course, I made a small deposit of around $10 to play slots, with no intention of taking a lot of money from that $10, but what happened was that I won $700 in just 3 hours since the deposit was credited. I didn't take that to mean that I was invincible that day, I assumed that I was just lucky & on the other hand there were people who weren't lucky because I took their money hahaha. Title: Re: The Myth of Hot Streaks Post by: Oluwa-btc on November 29, 2024, 08:47:13 PM I feel like I'm just lucky, gambling isn't a game where I can have a character with best stats which almost zero chance to lose. It's a random game, so I will not be always win streaks even I ever experienced it. Absolutely tho I haven't gotten such experience or have played such hot streaks before but when one do so, they should do well to maximize the fact that losses comes easily with such games when you aim to play with bigger amount based on the fact that you were lucky on some occasions but then it's purely a game of lucks. Title: Re: The Myth of Hot Streaks Post by: Smartprofit on November 29, 2024, 09:01:44 PM I have had long winning streaks in my practice when playing roulette (about twenty wins in a row).
The probability of such an event is, in fact, very small (I later made the necessary mathematical calculations). I cannot explain this solely by my luck, since internally I seemed to "control" this process. At least, I felt these processes exactly like that ... I have no rational explanation for these events. One can assume that such a streak of controlled luck is possible in a special state of mind. Title: Re: The Myth of Hot Streaks Post by: Sandra_hakeem on November 29, 2024, 09:12:00 PM Or maybe some of us here have been captivated or even experience with this kind of winning successively in a given night? For me, yes, I had this incredible run in a roulette games wherein I was so lucky that night that I have a streak of winning 10 consecutive single bet numbers and I have ended with a lot of money about 2-3 weeks ago and I can't believed it. It's not a mistake, neither is it a coincidence IMO.. it happens and the casinos do have a scheme that distributes everything you see innit evenly (which in anyway doesn't bridge their laws/ terms of service) and it doesn't also put them on the edge as that'd mean running everything dry in less than no time... Quote How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? It's stupid to feel that whatever happens is due to how diligent you are in wagering on these games... Your speculations may be right, but you're not to decide what's right in real sense -- the reason why you're still taking up chances professionally (as I would call it) whenever you come across possible odds is because you've been schooled with a false sense of control... So no, even if I experience this in person, I can never feel like nobody ain't watching me/ can't stop me.Title: Re: The Myth of Hot Streaks Post by: famososMuertos on November 29, 2024, 09:12:56 PM Ever think of hot streaks when you play? Let's say luck base games such as slots or roulette? As per definition, Quote A run of good "luck" or winning hands ..//:::I read several comments before, and some lightly attribute it to luck, the truth is not like that. Guys! if there is a talent for the game, it is that, to differentiate when you are on a streak... in poker, now other games like traditional casino games, yeah! also they exist but that is another story in how to interpret them. But there, Poker, they do exist, in fact it is widely documented. If you read your own context well, which I have cited refers to "winning hands", then they are referring to the game of cards, and the opposite exists in its equivalence, you understand me, Downswing and that is where the balance of the player and the talent of bets in general is, you "lower" and "raise" the size of your bet when appropriate. Title: Re: The Myth of Hot Streaks Post by: tvplus006 on November 29, 2024, 09:25:24 PM ...However, I try to do some research and there are no basis for it, I guess I was just so lucky that night. I also had such a win-win streak, but paradoxically it was based on the fact that I was betting without analyzing the game, with the only desire to finish faster and go home. But as a result, I won several bets in a row, which were still lost in the end. Title: Re: The Myth of Hot Streaks Post by: Botnake on November 29, 2024, 09:30:44 PM I have had long winning streaks in my practice when playing roulette (about twenty wins in a row). That kind of winning streak... it can really feel like you’re making a fortune especially if you’re betting decent amounts of money, in games with quick outcomes, it’s not unusual to see these streaks happen, but of course, we can’t ignore the possibility of a losing streak too. It’s just the nature of the system, both winning and losing streaks are part of the game. The real game-changer, though, is if you go aggressive with your bets during a winning streak. That’s when you can feel the massive reward. But this isn't easy as it takes guts (and a strong stomach) to go big during those moments, knowing that luck can turn at any time. Title: Re: The Myth of Hot Streaks Post by: Silberman on November 29, 2024, 09:40:51 PM Ever think of hot streaks when you play? Let's say luck base games such as slots or roulette? As per definition, If you take a look at the probabilities very soon you will realize there is no such thing, we believe we are in a hot streak because we are only looking at the short term results that we are experimenting, but given enough time we are bound to experience instances in which the results are favorable to us, but there is nothing to be amazed as that is simply the way probabilities work, and on average we will still win or lose at the same rate as everyone else.Quote A run of good "luck" or winning hands Or maybe some of us here have been captivated or even experience with this kind of winning successively in a given night? For me, yes, I had this incredible run in a roulette games wherein I was so lucky that night that I have a streak of winning 10 consecutive single bet numbers and I have ended with a lot of money about 2-3 weeks ago and I can't believed it. However, I try to do some research and there are no basis for it, I guess I was just so lucky that night. How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? Title: Re: The Myth of Hot Streaks Post by: yahoo62278 on November 29, 2024, 10:00:56 PM Pretty much reminds me of the Superstitions (https://bitcointalk.org/index.php?topic=5518246.0)thread. People can think or believe whatever they want, and I have fallen victim to thinking "I can never lose myself", but the simple fact is that it's just a myth. Luck happens when it happens, you cannot predict it.
Title: Re: The Myth of Hot Streaks Post by: shield132 on November 29, 2024, 10:21:53 PM Ever think of hot streaks when you play? Let's say luck base games such as slots or roulette? As per definition, I have had hot streaks too. The first time I played blackjack, I won lots of money because I accidentally made a side bet that paid 1:50 if I remember correctly and I made a big sidebet. Then I made some sidebets and I won, that was a very lucky day for me but the luckiest day of my life was when I made a sportsbook ticket and put 20 or 25 teams in the ticket. The final odd of the ticket was up to 1500. I added more than half of the games by picking them luckily and the next day, I won the ticket. That was years ago, when Bitcoin's price wasn't even $1000, I remember that I shared that ticket with Bitcointalk members but the sad part was that I bet less than a dollar.Quote A run of good "luck" or winning hands Or maybe some of us here have been captivated or even experience with this kind of winning successively in a given night? For me, yes, I had this incredible run in a roulette games wherein I was so lucky that night that I have a streak of winning 10 consecutive single bet numbers and I have ended with a lot of money about 2-3 weeks ago and I can't believed it. However, I try to do some research and there are no basis for it, I guess I was just so lucky that night. How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? Btw I don't feel invisible during such moments, I constantly have a fear of when I should stop because I believe that I shouldn't ruin my hot streaks. Hot streaks aren't myth and us, who have experienced it, are a clear example. Title: Re: The Myth of Hot Streaks Post by: Baofeng on November 29, 2024, 10:39:27 PM I think most of us gamblers here has experience this kind of thing, those hot streaks and yes the only reason for that is that we got lucky. And even if there is study, they will say that there are no such things as hot streaks and this is all in the mind of gamblers.
So for us, if we win this way, but we shouldn't be that confident that we can repeat this process all over again. And that's why we have games that we call "luck base", because that's how the operators, for example, slot machine to be. You don't know what will be the next spin, maybe it could be that bonus round that you are waiting, but still you don't know if it will give you something or it will be dead spin. Title: Re: The Myth of Hot Streaks Post by: alegotardo on November 29, 2024, 11:10:58 PM Ever think of hot streaks when you play? Let's say luck base games such as slots or roulette? As per definition, Quote A run of good "luck" or winning hands Or maybe some of us here have been captivated or even experience with this kind of winning successively in a given night? For me, yes, I had this incredible run in a roulette games wherein I was so lucky that night that I have a streak of winning 10 consecutive single bet numbers and I have ended with a lot of money about 2-3 weeks ago and I can't believed it. However, I try to do some research and there are no basis for it, I guess I was just so lucky that night. How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? I have experienced this several times, but it is the opposite... a long sequence of losses, without winning once :P Given the fact that you are mentioning roulette and slot machines, I can certainly tell you that you were very lucky, congratulations¹ I hope you managed to stop gambling before luck turned in the casino's favor and you lost all the money you won. So, embrace this achievement because what you have achieved is something rare. In sports or poker games you can even have a longer sequence of victories, but in this case they are usually defined by your skills and game strategies, not just by luck. The winnings are also usually smaller (depending on the style of betting you made). Honestly, I have never experienced this, but I am happy to read positive reports here from time to time Title: Re: The Myth of Hot Streaks Post by: mirakal on November 29, 2024, 11:37:52 PM That's pure luck. I already experienced this also but it's very rare to happen to me :D It means I'm not that lucky. Yes, just pure luck since gambling is a game of chance and probability. I think everyone gets lucky in gambling, though it’s only rare since most of us fall into its losing streak. That’s how gambling works, most particularly for slots. So if you’ve seen yourself losing consistently, leave the casino immediately because that’s a clear sign that luck is not with you today.Some also say that once you experience this, you always go all-in or bet higher wagers. Some also say that you must stop once you are already on a streak so you can take profits. Title: Re: The Myth of Hot Streaks Post by: Ziskinberg on November 29, 2024, 11:41:36 PM If we gamble and only focus on luck, we’ll eventually lose sight of whether our approach is even realistic anymore. Think about it: if every time you gamble, you’re trying to "attract luck," it doesn’t just sound odd, it turns you into a gambler who’s making decisions based on emotions rather than logic. That’s a slippery slope. Gambling should be about strategy and calculated risks, not relying on superstitions or feelings. Without objectivity, you’re just setting yourself up for frustration in the long run.
Title: Re: The Myth of Hot Streaks Post by: batang_bitcoin on November 29, 2024, 11:46:19 PM How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? For many times, it did made me feel that I cannot lose when I am on hot streaks. There's no difference of it with winning streak and every time we're on that situation, we feel that no one is ever going to pull us down and we'll keep on winning those bets that we're doing. This is fairly normal because of the effect of being lucky but it doesn't happen at all times. So, when we're feeling that we're invincible and we're about to lose, I guess that's the time to start relaxing and stopping on that day.Title: Re: The Myth of Hot Streaks Post by: adzino on November 30, 2024, 05:18:51 AM Ever think of hot streaks when you play? Let's say luck base games such as slots or roulette? As per definition, There is no such thing as hot streak. You just got lucky and nothing else. Everything else that you feel is just gamblers fallacy. But you do feel quite the opposite. I have seen people that after a long streak, the feel vulnerable. Not invincible. They feel like they will lose the next bet so they try to stop. The same is true for the opposite. After a long losing streak they feel like they will win the next bet. But the win or loss isn't determined by your winning or losing streak. And probably you feeling invincible is just a way to convince yourself to continue playing (greed).Quote A run of good "luck" or winning hands Or maybe some of us here have been captivated or even experience with this kind of winning successively in a given night? For me, yes, I had this incredible run in a roulette games wherein I was so lucky that night that I have a streak of winning 10 consecutive single bet numbers and I have ended with a lot of money about 2-3 weeks ago and I can't believed it. However, I try to do some research and there are no basis for it, I guess I was just so lucky that night. How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? Title: Re: The Myth of Hot Streaks Post by: Kemarit on November 30, 2024, 01:12:08 PM How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? For many times, it did made me feel that I cannot lose when I am on hot streaks. There's no difference of it with winning streak and every time we're on that situation, we feel that no one is ever going to pull us down and we'll keep on winning those bets that we're doing. This is fairly normal because of the effect of being lucky but it doesn't happen at all times. So, when we're feeling that we're invincible and we're about to lose, I guess that's the time to start relaxing and stopping on that day.Yes, and it really feels great when you are in a winning streak and you are overconfident when you bet. And I think this is one feeling that most gamblers dream of, I mean the adrenaline rush and everything and when you put your bet, you know that you are going to win. I had this kind of experience years ago, in a baccarat table, wherein I'm with a South Korean. And obviously there is a language barrier but we are both on a hot streak and as far as I can remember, that is the only time that I bet like $200.00 every game and I had like 5-6 streak and then I just decided to stop and I didn't wait to get the streak stop. But the experience and the atmosphere that time LOL, we've even given high fives after every win. Title: Re: The Myth of Hot Streaks Post by: Fivestar4everMVP on November 30, 2024, 01:31:18 PM Ever think of hot streaks when you play? Let's say luck base games such as slots or roulette? As per definition, I have never experienced such a long streak of winning before, in every game I have played, be it sports betting or casino or slot games, it has always been, "win some and loose some", or "I win two games in a row, then loose one or two, or three or four in a row, the win again" that kind of thing.Quote A run of good "luck" or winning hands Or maybe some of us here have been captivated or even experience with this kind of winning successively in a given night? For me, yes, I had this incredible run in a roulette games wherein I was so lucky that night that I have a streak of winning 10 consecutive single bet numbers and I have ended with a lot of money about 2-3 weeks ago and I can't believed it. However, I try to do some research and there are no basis for it, I guess I was just so lucky that night. How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? But I do have a friend who have for 3 days, consecutively won his lotto tickets in a row, that is, there is this local lotto played in my country, there are always 4 or 5 lotto rounds every days including sundays, the dude played 2 rounds on the first day and won the two of them, the second day, he played just one round and still won, the third day, he played 4 rounds and won 3 rounds, and lost just one, and on the fourth day, he played 2 rounds and lost the two of them.. That is he won for good three days consecutively, I wasn't inside his head so I can't tell what he was feeling like, but then, that period was his best ever since he started gambling, and he still talks about the experience till today. Title: Re: The Myth of Hot Streaks Post by: Tmoonz on November 30, 2024, 04:44:40 PM I have already experienced this hot streak in gambling, I guess everyone does, most particularly for those experienced gamblers. However, the big challenge here is how to control yourself, how to maximize your bankroll management, otherwise if you continue betting without setting limits on your profits, the reversal will happen next. And worst is, you end up losing all what you have won, and leave the casino without any penny left in your wallet. The question is should we gamble again immediately after some winning or we should hold on a little bit before gambling again? I have had this experience before where I got certain amounts reasonable enough for several times and when I feel I have more confident to win more I ended up losing everything I have got that day and go home enty but yeah one thing am very good at is taking a break after some noticeable losses to Cool my head and not going back as a fight back to avoid chasing losses and reduce the risk of addiction, and emotional devastation. Title: Re: The Myth of Hot Streaks Post by: Eternad on November 30, 2024, 04:49:40 PM The question is should we gamble again immediately after some winning or we should hold on a little bit before gambling again? I have had this experience before where I got certain amounts reasonable enough for several times and when I feel I have more confident to win more I ended up losing everything I have got that day and go home enty but yeah one thing am very good at is taking a break after some noticeable losses to Cool my head and not going back as a fight back to avoid chasing losses and reduce the risk of addiction, and emotional devastation. The answer to your question relies on your current situation. Gambling is an entertainment activity(luxurious leisure) so if you still need entertainment after you then why not, just set a bankroll limitation and play casual without thinking your previous profit. But in most cases, you should stop for a while and enjoy your profit to avoid potential losses since we can be easily triggered when won big then experience loss. Again, the real answer is case to case basis but the general suggestion is always the best choice. Title: Re: The Myth of Hot Streaks Post by: Webetcoins on November 30, 2024, 08:59:09 PM Hot streaks is it when you consistently win, especially a good amount of money? Of course man, I always think and day dream of it but who wouldn't be? Though as usual, it will mostly stay as a dream, as we know that casinos are a business and they won't just let us experience this at most times because that can back fire them. On your case, I think that was so sick. 10 times win in a row on 1 number only? Dang. I just hope you spend that 'lots of money' you won last time wisely.
Buy something like a souvenir that reminds you on this once in a lifetime opportunity. We shouldn't feel invincible of course when such moment occurs because it leads us on betting higher amounts and this can be the start of our dilemma. Roulette can be a game of strategy too for some but if you don't include it on your gameplay, then yeah, what make you win is just pure luck and no, a hot streak is not a myth. Remember, you already experienced it. To see is to believe as they say. Even I do win streak, but it's either I bet low or the odds is low, so I didn't earn much. It's normal to have a win streak on a low odds game because they are low odds game anyways :D but the catch for this is like you said, the wins are also little. This is why in order for the many to get more juice, they upped their bets a lot. This is also the risky part here and may seem not worth it anymore for some.Title: Re: The Myth of Hot Streaks Post by: cryptomaniac_xxx on December 01, 2024, 10:22:22 PM I have already experienced this hot streak in gambling, I guess everyone does, most particularly for those experienced gamblers. However, the big challenge here is how to control yourself, how to maximize your bankroll management, otherwise if you continue betting without setting limits on your profits, the reversal will happen next. And worst is, you end up losing all what you have won, and leave the casino without any penny left in your wallet. The question is should we gamble again immediately after some winning or we should hold on a little bit before gambling again? I have had this experience before where I got certain amounts reasonable enough for several times and when I feel I have more confident to win more I ended up losing everything I have got that day and go home enty but yeah one thing am very good at is taking a break after some noticeable losses to Cool my head and not going back as a fight back to avoid chasing losses and reduce the risk of addiction, and emotional devastation. There is no right or wrong answer to this question. Still base on someone's mindset in gambling. But for sure if we experience this hot streak, sooner or later you will get into gambling asap because you you want to have that experienced again. And I guess that is the pure definition of gambling, you take risk of the unknown and you want to go and see how your luck is. So this hot streak might work for certain period of time, but it could also be a curse because we want to replicate it again and again and it could lead us to being a gambling addict. Title: Re: The Myth of Hot Streaks Post by: Kasabus on December 01, 2024, 10:34:04 PM I have had long winning streaks in my practice when playing roulette (about twenty wins in a row). That kind of winning streak... it can really feel like you’re making a fortune especially if you’re betting decent amounts of money, in games with quick outcomes, it’s not unusual to see these streaks happen, but of course, we can’t ignore the possibility of a losing streak too. It’s just the nature of the system, both winning and losing streaks are part of the game. The real game-changer, though, is if you go aggressive with your bets during a winning streak. That’s when you can feel the massive reward. But this isn't easy as it takes guts (and a strong stomach) to go big during those moments, knowing that luck can turn at any time. Title: Re: The Myth of Hot Streaks Post by: Weawant on December 01, 2024, 10:56:44 PM A winning streaks may be out of pure luck. It may also be that the casino may at that time have some technical glitches that the user was just lucky to stumble upon and experience such winning streaks. I know that the latter happens although not frequently. Personally, I am yet experience such winning streaks and the day I do, I will be so happy. There are even skill based games where the player also experience a winning streak. Such a player may be very skillful in the game. Such a player may be playing against amatures. It happens but it doesn't happen often. Even if some are usually made to believe that streaks are based off tactics and strategies, the reality in it remains that they are mostly based off luck and they get to understand this when they eventually see that they suffer another loosing streak even with their strategies and skill, these games are usually controlled by the casino so to s great extent they have a Hand In what the slot results would be so they make sure they don't be at the loosing end most often so it only takes series of luck to consistently keep you at the winning end and a few times your strategy and skill but if it were to be other sports games where the results and outcomes aren't really controlled by the casino, you may want to depend on your skill and strategy.Title: Re: The Myth of Hot Streaks Post by: Oasisman on December 01, 2024, 11:12:02 PM How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? Yep, I have experienced it before and I learned from it. It wasn't really a hot streak, but it's a trap. Whenever you feel like you're unstoppable and that you are winning everything,you will always think of increasing your bet amount to maximize the opportunity and win even more. However, once you're increasing it, that's where you start lossing and lossing even faster. These hot streak will make somone greedy for sure lol. Title: Re: The Myth of Hot Streaks Post by: o48o on December 01, 2024, 11:38:09 PM Ever think of hot streaks when you play? Let's say luck base games such as slots or roulette? As per definition, Only thing "real" about that "run of good luck", is the feeling of it that we get afterwards. And it's ok to call that lucky streak, because that's best word for it, but concept of that lucky streak is misunderstood, as we can't apply that to the future bets. Wins aren't happening often in next games because we had a lucky streak before them.Quote A run of good "luck" or winning hands Or maybe some of us here have been captivated or even experience with this kind of winning successively in a given night? For me, yes, I had this incredible run in a roulette games wherein I was so lucky that night that I have a streak of winning 10 consecutive single bet numbers and I have ended with a lot of money about 2-3 weeks ago and I can't believed it. However, I try to do some research and there are no basis for it, I guess I was just so lucky that night. How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? And even if we understand that it's all luck, we all have felt that. And we are evolved to seek patterns from a chaos like that. In reality such patterns would be more complex for any humans to benefit from. Because this has nothing to do with the pattern recognition that our brain does. Evolution for it happened for very different purposes. Title: Re: The Myth of Hot Streaks Post by: batang_bitcoin on December 01, 2024, 11:42:41 PM How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? For many times, it did made me feel that I cannot lose when I am on hot streaks. There's no difference of it with winning streak and every time we're on that situation, we feel that no one is ever going to pull us down and we'll keep on winning those bets that we're doing. This is fairly normal because of the effect of being lucky but it doesn't happen at all times. So, when we're feeling that we're invincible and we're about to lose, I guess that's the time to start relaxing and stopping on that day.Yes, and it really feels great when you are in a winning streak and you are overconfident when you bet. And I think this is one feeling that most gamblers dream of, I mean the adrenaline rush and everything and when you put your bet, you know that you are going to win. I had this kind of experience years ago, in a baccarat table, wherein I'm with a South Korean. And obviously there is a language barrier but we are both on a hot streak and as far as I can remember, that is the only time that I bet like $200.00 every game and I had like 5-6 streak and then I just decided to stop and I didn't wait to get the streak stop. But the experience and the atmosphere that time LOL, we've even given high fives after every win. Title: Re: The Myth of Hot Streaks Post by: stompix on December 02, 2024, 01:08:31 AM How can you call them a myth when they definitely exist?
Seriously, is there any bettor who gambles more than often who hasn't experienced a series of wins that came out of the blue and defied the odds? Just huge losses in a row are inevitable hot streaks are the same, it's just a matter of probability, if you play black and red and you bet only on one for example red, at the end of a huge pile of bets you;re going to end with both incredible losses in a row and incredible wins in a row, it's impossible to have just one of them and if it did happen then you must be the unluckiest person in the universe. Only thing "real" about that run of good luck, is the feeling of it that we feel afterwards. Why is that so? If you had a hot streak it means you've won, you made bank, your wins are there for you to collect, how can it be that only losses are real and not wins? Tell me you never had a streak in your lifetime betting and turn your balance green and I'm going to say you're lying! Title: Re: The Myth of Hot Streaks Post by: o48o on December 02, 2024, 02:17:38 PM Only thing "real" about that run of good luck, is the feeling of it that we feel afterwards. Why is that so? If you had a hot streak it means you've won, you made bank, your wins are there for you to collect, how can it be that only losses are real and not wins? Tell me you never had a streak in your lifetime betting and turn your balance green and I'm going to say you're lying! Context is everything. And obviously OP is referring to the concept of Hot hand (https://en.wikipedia.org/wiki/Hot_hand#Gambling) which falls under gambler's fallacy. Otherwise he wouldn't have to research the phenomenon and separated it from normal "luck". Title: Re: The Myth of Hot Streaks Post by: crwth on December 02, 2024, 04:25:47 PM I believe there are hot streaks, and it could happen, but it's not always going to be a reliable thing to do because it's not assured to happen. It's like believing the gambling fallacy and just going with the flow and "accepting" that it's like that and still trying continuously. It happens but not always, and relying on it would lead to problems, in my opinion.
Title: Re: The Myth of Hot Streaks Post by: AmoreJaz on December 02, 2024, 05:07:48 PM I believe there are hot streaks, and it could happen, but it's not always going to be a reliable thing to do because it's not assured to happen. It's like believing the gambling fallacy and just going with the flow and "accepting" that it's like that and still trying continuously. It happens but not always, and relying on it would lead to problems, in my opinion. It can happen but I believe most of the time, no one can predict such occurrence of event. If you feel you are on the positive side, then make the most out of it. But don't expect that your pockets will be full when you get out. Because it depends on how you strategize not to deplete your bankroll before you call it quits. Yes, you can get some winnings when you are on the "hot streak" moments, but if you failed to cash out before it is too late, then, such luck is useless. Yep, I have experienced it before and I learned from it. It wasn't really a hot streak, but it's a trap. Whenever you feel like you're unstoppable and that you are winning everything,you will always think of increasing your bet amount to maximize the opportunity and win even more. However, once you're increasing it, that's where you start lossing and lossing even faster. These hot streak will make somone greedy for sure lol. That can easily be a trap if you don't know how to stop. It is true, if you feel you are one very lucky person that day, you will continue playing up until you incur losses and somehow you would want to turn back and just stop. Title: Re: The Myth of Hot Streaks Post by: LUCKMCFLY on December 08, 2024, 09:32:12 PM I learned something about good streaks, enjoying them and not losing control by making such big bets. Once you start losing you should leave it there, because you will not win more. It is best to withdraw the money responsibly and wait for another game session, another day, another week, this to avoid losing what was won. For some people after a good streak it means addiction, because they insist so much on continuing to win that they spend and spend money without success. This is a double-edged sword, that is why you must play intelligently.
Title: Re: The Myth of Hot Streaks Post by: Julien_Olynpic on December 11, 2024, 02:41:28 AM To reliably answer the question of whether winning streaks and losing streaks exist, it would be a good idea to conduct a conscientious study and publish it so that it could be referenced. Of course, many will say that this is too primitive a study, but still. Most likely, there are online roulette and slot machine simulators, but most likely, for the purposes of research, it would be best to write a separate program. Logically, if winnings in slot machines are determined by a pseudo-random number generator, then such winnings are usually distributed more or less evenly. And if so, then something like alternating periods of winning and periods of losing must definitely exist.
Title: Re: The Myth of Hot Streaks Post by: Smartprofit on December 11, 2024, 07:10:05 PM How can you call them a myth when they definitely exist? Seriously, is there any bettor who gambles more than often who hasn't experienced a series of wins that came out of the blue and defied the odds? Just huge losses in a row are inevitable hot streaks are the same, it's just a matter of probability, if you play black and red and you bet only on one for example red, at the end of a huge pile of bets you;re going to end with both incredible losses in a row and incredible wins in a row, it's impossible to have just one of them and if it did happen then you must be the unluckiest person in the universe. Only thing "real" about that run of good luck, is the feeling of it that we feel afterwards. Why is that so? If you had a hot streak it means you've won, you made bank, your wins are there for you to collect, how can it be that only losses are real and not wins? Tell me you never had a streak in your lifetime betting and turn your balance green and I'm going to say you're lying! I had experience playing roulette in an offline casino. This casino had a large number of gaming tables, where a large number of players played roulette at the same time. Each of the gaming tables was decorated with a large board, on which the numbers that came up were displayed. You could walk along the gaming tables, look at the board and analyze the numbers and series of numbers that came up. I liked to bet on red / black, so my observations concerned these particular gaming bets. What I noted for myself was that red numbers very often came up several times in a row. Black numbers also very often came up several times in a row. At the same time, it was on the gaming tables where the "colored" series appeared that there was the greatest chance of winning. I had very large winning series when playing roulette - up to 20 times in a row when betting on red / black. Title: Re: The Myth of Hot Streaks Post by: stompix on December 13, 2024, 01:35:19 AM How did you even derive that meaning from my post? Because literally explained what i meant by that in my next sentence. Context is everything. And obviously OP is referring to the concept of Hot hand (https://en.wikipedia.org/wiki/Hot_hand#Gambling) which falls under gambler's fallacy. Otherwise he wouldn't have to research the phenomenon and separated it from normal "luck". Yes, unlike most people here I actually read twice what am I replying to! And no, this does not fall under gamble fallacy exactly because of the reasons linked in the same article you posted!!! ;D Quote A study was conducted to examine the difference between the hot-hand and gambler's fallacy A hot hand is based on perceived potential, the gamble fallacy is based on denial of a thing happening!The researchers found the results of this study to match their initial hypothesis that the gambler's fallacy could in fact be countered by the use of the hot hand and people's attention to the person who was actively flipping the coin. It is important to note that this counteraction of the gambler's fallacy only happened if the person tossing the coin remained the same What I noted for myself was that red numbers very often came up several times in a row. Black numbers also very often came up several times in a row. At the same time, it was on the gaming tables where the "colored" series appeared that there was the greatest chance of winning. I had very large winning series when playing roulette - up to 20 times in a row when betting on red / black. This is the thing, our brains are not made to deal with such stuff, we learn and perceive things based on new information, and our brains will start ignoring obvious things like red/black red/black but will never forget streaks that happen 20 times, just how you will remember perfectly where Mclaren passed you with 200kmh but you will struggle to remember the type of other cars that did the same as they are the usual cars you see all day. Combine this with 1 million games over 1 million tables playing night and day and it's beyond our power of analysis, so bias starts on limited knowledge,! But of course, if you don't agree with me you can gamble based on that and see how it goes long term ;D Title: Re: The Myth of Hot Streaks Post by: Cointxz on December 13, 2024, 03:20:15 AM I learned something about good streaks, enjoying them and not losing control by making such big bets. Once you start losing you should leave it there, because you will not win more. It is best to withdraw the money responsibly and wait for another game session, another day, another week, this to avoid losing what was won. For some people after a good streak it means addiction, because they insist so much on continuing to win that they spend and spend money without success. This is a double-edged sword, that is why you must play intelligently. So true, Most of my losses comes from after winning huge amount. I rarely lose using my original bankroll and fresh deposits game since I’m always focused however I have a terrible luck when it comes to continuing gambling despite winning big or have a good profit from my bankroll.A simple small bet lose always complicated everything since I will keep chasing lose it due to overconfidence from my profit until I bet huge amount excessively without considering the risk I’m already taking. Title: Re: The Myth of Hot Streaks Post by: traderethereum on December 13, 2024, 03:38:16 AM I learned something about good streaks, enjoying them and not losing control by making such big bets. Once you start losing you should leave it there, because you will not win more. It is best to withdraw the money responsibly and wait for another game session, another day, another week, this to avoid losing what was won. For some people after a good streak it means addiction, because they insist so much on continuing to win that they spend and spend money without success. This is a double-edged sword, that is why you must play intelligently. So true, Most of my losses comes from after winning huge amount. I rarely lose using my original bankroll and fresh deposits game since I’m always focused however I have a terrible luck when it comes to continuing gambling despite winning big or have a good profit from my bankroll.A simple small bet lose always complicated everything since I will keep chasing lose it due to overconfidence from my profit until I bet huge amount excessively without considering the risk I’m already taking. That winning is enough for you to celebrate so it is not good if you continue gambling and expecting to winning more. We don't know if in the next round will be our losses so that will be better if stop gambling and enjoy the winning. Title: Re: The Myth of Hot Streaks Post by: Oluwa-btc on December 13, 2024, 04:36:09 AM How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? Very well then but luck based game like you said roulette can be thrilling sometimes and you might be thinking of getting a win after all but then you should have that at the back of your mind that wanting to experience hot streaks while you play is a rare factor and most definitely it's capitalized to be a luck based game and no atom of hot streaks myth can do justice to that. Title: Re: The Myth of Hot Streaks Post by: Smartprofit on December 13, 2024, 06:39:37 PM I (at one time) conducted such an experiment. I analyzed the information on the board and made bets, being in an altered state (since I was drinking absinthe). I don’t know how, but I managed to win many times in a row - up to 20 times in a row (the probability of such an event is very small, I later calculated it specifically, many months later).
Moreover, after every second win, I ordered and drank a shot of absinthe (it cost half of my standard bet on red/black). I did all this in order to remain in an altered resource state. Thus, after 20 bets, I was incredibly drunk and with a huge number of chips in my pocket. If I could have cashed these chips then, it would have greatly improved my financial situation... But, unfortunately, I could not stop (since I was already very drunk). In general, in life, even being very drunk, I control myself very well. But not in this case. I started to lose, but instead of stopping and leaving the casino, I tried to win back. In particular, I started to place random bets on sectors, numbers, etc. (already feeling and understanding that the streak of luck was over for today). I lost everything and left the casino without money (only with a few "won" glasses of absinthe in my stomach). This continued for several days in a row (I played on weekends), and then luck turned away from me forever, I stopped winning, but (unfortunately) I did not stop playing... Title: Re: The Myth of Hot Streaks Post by: Mia Chloe on December 13, 2024, 06:52:47 PM It was just luck for you mate, I remembered when I first played Baccarat, I had series of consecutive wins throughout the game and I turned a small amount I started with to a huge amount. At some point I was tired of playing and just left but I didn't withdraw my wining. So, I decided to play the game again the next day but I lost all that money that I won on that first day. I have experienced the luck too. You have a good point here. Most times a cumulated and consecutive wins are more of luck than precision. many gambling games are dependent on luck and sometimes if you observe closely you will find out that the games that have a thinner chances of you winning as a gambler are actually those that require the most luck.Sometimes games with low odds are those that have the highest payout and gamblers tend to stake more on games like that hoping to get lucky, and sometimes as nature may have it , you can actually get lucky and hit wins consecutively. Sometimes it doesn't necessarily mean you won based on some random analysis. Title: Re: The Myth of Hot Streaks Post by: Kemarit on December 13, 2024, 09:11:45 PM To reliably answer the question of whether winning streaks and losing streaks exist, it would be a good idea to conduct a conscientious study and publish it so that it could be referenced. Of course, many will say that this is too primitive a study, but still. Most likely, there are online roulette and slot machine simulators, but most likely, for the purposes of research, it would be best to write a separate program. Logically, if winnings in slot machines are determined by a pseudo-random number generator, then such winnings are usually distributed more or less evenly. And if so, then something like alternating periods of winning and periods of losing must definitely exist. There could studies somewhere, but being gambler, everything is based on luck. I played roulette as well, but doesn't have that kind of streaks, maybe it was just the OP or it's rarely happen to gamblers who have such luck in their side. Everything has a end though, there were gamblers that are wise enough or knows when to stop when they have this kind of incredible streak. And then those, who might be influence of liquor, who had also that luck but never quit because their decision is clouded. Title: Re: The Myth of Hot Streaks Post by: Aanuoluwatofunmi on December 13, 2024, 09:33:05 PM How I wish that I could turn back the hands of time to enjoy such long winning streak again. Initially, when I started gambling, six months later, I was able to have a long winning streak that I thought it was by my power. However, I knew that luck was involved but I allowed that to change my mentality towards gambling, and that made me to start gambling excessively because I wanted that moment to repeat itself again but till date, I have never been lucky to enjoy such winning streak. Since gambling is indirectly more of luck games, we may be that unlucky in some conditions and lose within a particular streak and same way win and think it was due to our own personal perfection, we have to understand that gambling is for fun, when we win, we are lucky and its an opportunity, when we are skillful, we also win and sometimes still looses, but everyone of us have to understand that we will still make much of the losses than the winning at the end, no matter the game we are considering or playing. Title: Re: The Myth of Hot Streaks Post by: btc_angela on December 13, 2024, 10:12:21 PM How I wish that I could turn back the hands of time to enjoy such long winning streak again. Initially, when I started gambling, six months later, I was able to have a long winning streak that I thought it was by my power. However, I knew that luck was involved but I allowed that to change my mentality towards gambling, and that made me to start gambling excessively because I wanted that moment to repeat itself again but till date, I have never been lucky to enjoy such winning streak. Since gambling is indirectly more of luck games, we may be that unlucky in some conditions and lose within a particular streak and same way win and think it was due to our own personal perfection, we have to understand that gambling is for fun, when we win, we are lucky and its an opportunity, when we are skillful, we also win and sometimes still looses, but everyone of us have to understand that we will still make much of the losses than the winning at the end, no matter the game we are considering or playing. And most likely this is why it's called "myth" in the beginning, as we can't really proved that. We could have experience it at one point in our gambling. Nevertheless, it's either we continue and withdraw our winnings or continue and stop. The thing is that if we believed in it that we are all knowing and we can see what will be the next flip of the card or where the numbers will fall in a roulette game, then we should be that lucky. However, if we don't control ourselves, then there is also this possibility that our hot streak will end. Title: Re: The Myth of Hot Streaks Post by: uneng on December 13, 2024, 11:42:05 PM How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? Yes, in the beginning of my gambling journey I used to face lucky streaks, what boosted my confidence and a sensation of being invencible. Lucky streaks aren't a myth, they do happen, but there isn't any explanation behind them besides pure luck in action.Also, it's a huge mistake to pursue lucky streaks. They are supposed to happen naturally, so you can never force them to happen. Some gamblers think they can manipulate luck in their favour, and that is where they start losing money beyond their limits. I believe that if a lucky streak has to happen it will happen suddenly. It's good that you enjoy your time once it happens, but never count on it to have a satisfactory day. Title: Re: The Myth of Hot Streaks Post by: Vaculin on December 13, 2024, 11:48:37 PM How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? Yes, in the beginning of my gambling journey I used to face lucky streaks, what boosted my confidence and a sensation of being invencible. Lucky streaks aren't a myth, they do happen, but there isn't any explanation behind them besides pure luck in action.Also, it's a huge mistake to pursue lucky streaks. They are supposed to happen naturally, so you can never force them to happen. Some gamblers think they can manipulate luck in their favour, and that is where they start losing money beyond their limits. I believe that if a lucky streak has to happen it will happen suddenly. It's good that you enjoy your time once it happens, but never count on it to have a satisfactory day. Title: Re: The Myth of Hot Streaks Post by: Free Market Capitalist on December 14, 2024, 03:30:37 AM However, I try to do some research and there are no basis for it, I guess I was just so lucky that night. From a mathematical point of view, there is none. What we call streaks are collections of independent mathematical events that we make later, and where we arbitrarily take a first point and an end point and if it favors us we say it is a good streak and if it is the opposite we say it is a bad streak. How about you guys, have you experienced it before? Of course. Did you really feel invincible and thought that you are in a streak and no one can stop you? Not having the feeling of being invincible but of being better than you are. Nowadays, and already years ago, it is very common to use statistics programs if you play poker. In them you can see if you are having luck or bad luck (colloquially speaking) in the EV line, which measures the difference between the expected results and the real results when you go all in. But there is a part of luck that is not shown by the program, which is the luck you have when you don't go all in. When you still have to bet on the river and you get the wonderful card or when you are lucky enough to catch a strong hand, better than your opponent's, when he catches a strong hand too and therefore he is going to leave more money or even all of it in the play. When you have a good run, especially at the beginning, and you see that you are beating a lot of bb/100 and the EV is more or less equal, you think it's because you are very good, but then time puts things in their place. Title: Re: The Myth of Hot Streaks Post by: ethereumhunter on December 14, 2024, 11:10:08 AM How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth? Yes, in the beginning of my gambling journey I used to face lucky streaks, what boosted my confidence and a sensation of being invencible. Lucky streaks aren't a myth, they do happen, but there isn't any explanation behind them besides pure luck in action.Also, it's a huge mistake to pursue lucky streaks. They are supposed to happen naturally, so you can never force them to happen. Some gamblers think they can manipulate luck in their favour, and that is where they start losing money beyond their limits. I believe that if a lucky streak has to happen it will happen suddenly. It's good that you enjoy your time once it happens, but never count on it to have a satisfactory day. It is a huge mistake if they keep pursue their lucky streaks because no one will know if their luck still stay with them or leave them. If they can think clear after winning streaks, they should stop their gambling and takes the money out from the casino. Title: Re: The Myth of Hot Streaks Post by: LUCKMCFLY on December 19, 2024, 04:55:44 PM A simple small bet lose always complicated everything since I will keep chasing lose it due to overconfidence from my profit until I bet huge amount excessively without considering the risk I’m already taking. That is something that has happened to us a lot, for a long time, every player has been through that, the good thing is that as long as you use funds that you have already won, it is an advantage, so you do not use what you have recently put into deposit, it is good, accumulating profits even if they are small is something that you should do, for example see the game as a business, every business does well as long as it maintains few profits over a long period of time, in the long term, those small profits grow and become a large amount. Title: Re: The Myth of Hot Streaks Post by: ChiBitCTy on December 19, 2024, 05:01:44 PM Well yeah of course thee is no such tangible or intangible things such a hot streaks. If there was that would be some sort of super natural vudo type stuff lol. However I have certainly bee on hot streaks before and you just feel like you can't lose. Sometimes lady luck is just on your side or perhaps you level of focus on a game such that it's helping create the hot streak.
Either which was when I'm on one, I stick to playing until I start a small downfall. Title: Re: The Myth of Hot Streaks Post by: LUCKMCFLY on December 21, 2024, 04:03:13 PM The thing is that if we believed in it that we are all knowing and we can see what will be the next flip of the card or where the numbers will fall in a roulette game, then we should be that lucky. However, if we don't control ourselves, then there is also this possibility that our hot streak will end. And in fact that is when a player must be most careful, because when something happens, such as being on a good streak, and then repeatedly losing once, the player will react by playing more And with more money, that is what is commonly done, it is a big mistake, but for me I learned that when it happens, it is my signal to stop playing , in fact if you Want to play more from there start with minimum bets , because with the big bets is when the casino starts to Win more and our balance falls to the floor if not controlled. |