Is Winning streaks just randomness?

[Su-asa]

Timing is very important and if by chance luck gave you that opportunity to have those winning streaks best to wisely use it and make a had stop while you are still in green, most of the time those gamblers who failed to recognize the chance of making money using that winning streaks ends up losing every back.

As you mentioned, everything is random but if you are good in controlling yourself, patience might give you that chance to detect and timingly take a good advantage of your winning streaks that a green sign to make money.

I believe patience & consistency are two key elements in recognizing winning opportunities. I can say this because I apply them directly when gambling. When I'm feeling lucky, this is where my self-control is tested through patience & consistency. Often, when I'm on a winning streak, I tend to get greedy, increase my bets & never feel satisfied with my winnings. Ultimately, all those winnings are lost. Therefore, patience & consistency are crucial when gambling to control myself & enjoy your winnings.

It is good that you are learn to be patient and you also recognize your winning opportunities and you don't gamble irresponsibly when you are on a winning streak. However, there are more gamblers who will not do so because of excitements about the winning they are getting, and this is really what is making many yo lose back all the money that they are winning.

As for me I continue gambling when I'm not done gambling, I don't gamble to make money I gamble for entertainment. Anytime I feel like to try my luck with what I can afford to risk and I win. I immediately stop so that I don't lose back all the money that I have won.

[Pandorak]

Often, this kind of mindset causes a gambler who initially gambled simply for entertainment to become a heavy addict.

Winning consecutively is indeed extraordinary, bringing feelings of happiness that are difficult to express, but realize that it is not a sign that you will always win, luck will not last forever.

This is where you will be tested. Many gamblers get caught up in the euphoria, feeling that their victory was achieved because their instincts improved, when in fact it was just a coincidence. If this happens to you again, stop immediately and enjoy your winnings, because often gamblers will increase their bets even more, and ultimately end up losing everything.

[swogerino]

Absolutely, just go check the streamers playing and you will see some of their games will come back strongly after they lose but most of the time they won't. They will keep losing because in the long run the games are programmed against us, the funny thing like a celebrity said, we are so smart to know this and yet so absolute idiots to continue playing them. I did the same tonight as adrenaline went high for the weekend and I got back to an old game which reminded me the hardest way that doing the same thing over and over again and expecting different results is nothing more than insanity, so I am a definitive idiot to fell for it for the thousand time but I promised on God this time will absolutely be the last as I will be hoping to get some extra money in December and it will be my trail if I fail or succeed. In fact tonight I wanted to wager to get prizes from the 25th anniversary in the casino in my signature but my most loved prize were fully claimed, the lottery draws, I was hoping in vain to get that 10.000 dollar bonus money, I am a dreamer.

[Odohu]

Often, this kind of mindset causes a gambler who initially gambled simply for entertainment to become a heavy addict.

Winning consecutively is indeed extraordinary, bringing feelings of happiness that are difficult to express, but realize that it is not a sign that you will always win, luck will not last forever.

This is where you will be tested. Many gamblers get caught up in the euphoria, feeling that their victory was achieved because their instincts improved, when in fact it was just a coincidence. If this happens to you again, stop immediately and enjoy your winnings, because often gamblers will increase their bets even more, and ultimately end up losing everything.

I agree with some of your points except the part you said winning is just a coincidence. I don't share that thought for sports betting because skill is required to win consistently in sports betting. That may be true for casino games where everything is based entirely on luck but not in sports betting where skill play a dominant role. You cannot win sports betting consistently by mere coincidence, that is my point.

[@nn@_pen9]

Winning streaks is the condition where gamblers frequently experiences a win more than once or twice, in slot games it's just a good fluctuations of randomness and a taste of the gambler's faith, that won't change the outcome of the next stake which is 50/50. If gambler falls into illusion because of the test of faith by the casino winning streak, the next outcome would be a lose that takes all the gambler's deposit including the haul.

In sports betting, winning streak is the indication that the bettor's predictive approach and analytical plans is superb, the streak can last long if a bettor continue with his fantastic predictive approach but when he become winning streak drunk, he can also lose so much.

Yes, these illusions in the minds of gamblers are what keep them playing. They have a strong belief that they can win. Most gamblers fail to realize that the outcome of gambling is controlled by the house and that in the long run, the house always wins because the structure is designed to favor them, not the players. This isn't cheating, but rather a business whose results are systematically designed through random mathematics. And you're right, sports betting is more about personal skills and predicting a match. Of course, any gambler, regardless of background, who experiences a winning streak will become addicted and repeat the same practice.

[nara1892]

"Don't make the mistake of thinking you're invincible." I agree with that opinion, because from my experience, it's usually that confidence that makes gamblers so bold to play more aggressively or make decisions beyond their capabilities. Therefore, the only solution to stay in control is to maintain the understanding that gambling is a game of chance. Winning doesn't mean you're great.

I believe that winning streaks are purely due to luck, but it also depends on the type of gambling. For example, if you win in sports betting, your skill and knowledge may contribute, but in casino games, it's clearly all down to pure luck.

[junder]

Often, this kind of mindset causes a gambler who initially gambled simply for entertainment to become a heavy addict.

Winning consecutively is indeed extraordinary, bringing feelings of happiness that are difficult to express, but realize that it is not a sign that you will always win, luck will not last forever.

This is where you will be tested. Many gamblers get caught up in the euphoria, feeling that their victory was achieved because their instincts improved, when in fact it was just a coincidence. If this happens to you again, stop immediately and enjoy your winnings, because often gamblers will increase their bets even more, and ultimately end up losing everything.

Sometimes players trust their winning strategy, believing it's completely accurate, when in fact, it's simply luck on their side. After all, you're right, luck doesn't last forever. The strategy they believed guaranteed victory is broken when luck is no longer on their side.
However, those who are addicted won't stop there. They might return to finding another strategy, which becomes an impulsive mindset and action.

[Dr.Bitcoin_Strange]

"Don't make the mistake of thinking you're invincible." I agree with that opinion, because from my experience, it's usually that confidence that makes gamblers so bold to play more aggressively or make decisions beyond their capabilities. Therefore, the only solution to stay in control is to maintain the understanding that gambling is a game of chance. Winning doesn't mean you're great.

Most gamblers are the cause of their problem, they allow their self to have this mindset of being invincible because of the slight chance they get to win, they don't remember that they can not beat the casino and that when they are not careful, they can still lose the money they have won back to the casino, there's a thread that was talking about how a gambler can lose twice the amount they have won, and it's true, if a gambler is lucky to have winning streak, it's just a randome lucky and they need to withdraw the money, else they will lose it back to the casino.

[Franklyn-wood]

"Don't make the mistake of thinking you're invincible." I agree with that opinion, because from my experience, it's usually that confidence that makes gamblers so bold to play more aggressively or make decisions beyond their capabilities. Therefore, the only solution to stay in control is to maintain the understanding that gambling is a game of chance. Winning doesn't mean you're great.

Most gamblers are the cause of their problem, they allow their self to have this mindset of being invincible because of the slight chance they get to win, they don't remember that they can not beat the casino and that when they are not careful, they can still lose the money they have won back to the casino, there's a thread that was talking about how a gambler can lose twice the amount they have won, and it's true, if a gambler is lucky to have winning streak, it's just a randome lucky and they need to withdraw the money, else they will lose it back to the casino.

Anybody that sees gambling as a way to make money faster than other means that requires a skill must be doing a severe mistake they don't know about yet. If a skill worker can go to school, write exams, pass and failed, graduate and get a work and later get paid handsomely, they deserved good salaries and a suitable lifestyle because they have worked for what they are enjoying. If all these things were done to get good salaried, what can we say about someone that is in a hurry to win big money without any risk management skill or other skills that must have shown hard work input as a gambler.