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Author Topic: Did gambling losses are traps to new game  (Read 557 times)
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May 24, 2024, 04:01:12 PM
 #121

When I had meet my friends last Sunday,We had discussed about this topic.We are friends based on our gambling interest and all of us are the gamblers.I had already mentioned about my friend who loss 2k in this below thread also take part in our meeting.

https://bitcointalk.org/index.php?topic=5493038.0

He keep on playing the gambling with some loans from our friends circle to manage the 2000 dollars previous loss.But the result is both positive and negative based on his luck.One of my gambling friend said this “Gambling losses are the traps for the gamblers to get into gambling again.”He added when the gambling loss was increases,most of us will do the gambling to recover the old loss.Because no one earning money without work,So our wish will be to balance the old losses in the gambling site.Share your opinion on this.

With my experience,I had use to win and loss based on the time I am playing the game.If I had the gambling at the sleeping mood,most of the time.I had loss the capital money in the gambling site.The winning also depends upon the gambling experience,many gamblers use to play the game based on the game experience.But some gamblers think the gambling was based on the luck,So they only do the random betting in the gambling site.The reason for most of the loss in the gambling sites are repeating the same algorithm in the gambling site after the gambling site change their algorithm to the game.

Did you guys trust on gambling algorithms or do the random betting in the gambling site to check the current luck in the gambling sites…

To answer your question, I will say that checking the algorithm on a gambling site and hoping to beat it is the same as trying to paint the sky. Algorithms are created for this purpose so that owners earn money. They are built in such a way that in the end gaming casinos (or whatever) remain in the black. It doesn’t matter what algorithm you use, if it’s an online casino or something like that, then in the end the betting will remain in the black.
Regarding your friend, who borrowed money to close his losses, I believe that sooner or later he may have problems. With this strategy, gambling can cause him headaches. You can't use money to gamble that you can't afford to lose. It is especially forbidden to take out loans, borrow money for this, or use money that needs to be paid for bills.
Good luck to you and your friends.

And I will also say that until whenever you or anyone will never be able to find out about what algorithms are applied by the casino to each game they provide, because surely they will guard it very tightly, because obviously if the gamblers know about the algorithms or formulas applied by the casino then obviously it is likely that the casino will experience a lot of losses, and so far I have never heard of this incident, meaning that it can be concluded that the casino applies algorithms that can never be known by gamblers except the casino itself.

Another thing is that I also believe that someone who always tries to chase losses in gambling will eventually suffer a lot of problems like what you said and it's true because I think it's a common thing that many gamblers have experienced many downturns when trying to carry out the idea to achieve recovery, and the downturn can be even more tragic when the money you use to chase losses is money borrowed.

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May 24, 2024, 05:03:25 PM
 #122

In a way, it is. Gambling is a trap for addict players who cannot control their urge to gambling frequently.
It becomes a trap because the gambler loses all what he has got in the process of recovering losses.
It's not necessarily the same for others. It's a fun thing and a good entertainment for many people.
So it becomes subjective as the same thing might be good for one and bad for the other.

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