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Author Topic: Fate or lack of control - Gambling  (Read 12223 times)
Mahdirakib
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May 01, 2021, 03:35:26 PM
 #381

Totally agree,fate just a excuse for us to console ourselves,the reason is lack of control,if you keep gambling without control,might be you could win one or twice,but you would lose finally. This is a normal phenomenon for a gambler. ~
Fate is the thing which helps us to get the wins but having control is important as well. People also makes profit by betting crazily or with rage bets, fate is the main key on those times. Though in the end gambler loss all of it for not having control. Both are necessary for a gambler to maintain profit in the long term. Fate comes from itself, so we should practice for having a proper control over our gambling habit.

R


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May 01, 2021, 03:57:15 PM
 #382

I do think that many gamblers are aware of the odds and that the casino has an edge over them. But where else can we have these kind of chances to make a profit? So if we play dice and do 50/50 bets, sure the chance of winning is not exactly 50%, but more 48-49.5%. These are pretty good in my opinion, because we can work with them. We know before hand of our chances and can bet accordingly. If we trade on the stock market for example, we don't know the our odds. We might thing we are having a great deal but it could be that our chances of making money are only 30%. Same goes for the payoff, we never know how high a stock is going to rise. 

As for the stock market, there are scientific studies (they are possible since the entire trading history is available) that show that shorting on average is unprofitable and buying is profitable. It is unlikely that this has serious weight in each individual situation, but the general state of affairs is obvious. While in gambling, your chances of winning are always negative.

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May 01, 2021, 04:18:52 PM
Merited by JayJuanGee (1)
 #383

Totally agree,fate just a excuse for us to console ourselves,the reason is lack of control,if you keep gambling without control,might be you could win one or twice,but you would lose finally. This is a normal phenomenon for a gambler.
Gamling just for fun,not for life.
It's about the intent that you have when starting. Do you playing for fun / for getting entertained or to get your daily dose of gambling addiction? Take it as entertainment that pays sometimes for playing, and the full control will be in your hands.
If you take gambling "as an entertainment that pays sometimes for playing" then there won't be anything like self control on the long run becasue we are humans and our wants can't be satisfy. How does gambling addiction grow?  Gambling addiction gradually set in through the means of - let me make something small for myself today and tomorrow something bigger till such a gambler become a victim of addiction. So, i will rather said - take gambling as an entertainment to ease out stress -.

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May 01, 2021, 04:19:40 PM
 #384

Totally agree,fate just a excuse for us to console ourselves,the reason is lack of control,if you keep gambling without control,might be you could win one or twice,but you would lose finally. This is a normal phenomenon for a gambler.
Gamling just for fun,not for life.
That's just how things go, if you can't keep your gambling habits in check you'll just lose the winnings you get, somewhere down the line you'll be selling stuff that are dear to you but you would because you need to support your gambling addiction. You see instilling discipline to yourself doesn't just promote a good win ratio when gambling. It also assures you that your gambling habits are in check and you are not addicted.
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May 01, 2021, 04:41:26 PM
 #385

Totally agree,fate just a excuse for us to console ourselves,the reason is lack of control,if you keep gambling without control,might be you could win one or twice,but you would lose finally. This is a normal phenomenon for a gambler. ~
Fate is the thing which helps us to get the wins but having control is important as well. People also makes profit by betting crazily or with rage bets, fate is the main key on those times. Though in the end gambler loss all of it for not having control. Both are necessary for a gambler to maintain profit in the long term. Fate comes from itself, so we should practice for having a proper control over our gambling habit.
Since when is fate assisting you in winning? There's no such thing as fate, if you believe that your actions are driven by some other force, you're definitely going the wrong way, in terms of gambling. Most games, are a simple game of odds/probabilities. What's the probability of winning a Dice game with 75% win chance? It means that by playing 4 games, you are LIKELY to win 3 of them.

R


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May 01, 2021, 04:55:39 PM
 #386

You can differentiate between a strategic based type of game to a pure luck based ones which you can eventually tell based up on experience on what
are the probabilities for you to win a certain game.If you do have enough knowledge and awareness then you can point out which one would really be good
if you do really mind of making profits and its up to you when making out decisions neither you do get out when in profits or simply proceed if you do
tend to play for more.Self control is always been on question.
Maybe if he has a skill in a gambling game-based strategy, he will have a chance to win. But if he wants to play gambling games based on pure luck, he only plays to search for fun things and not test his luck. A gambler will know what gambling games that he can play and hopefully, they will know that gambling games are designed to give entertainment and fun instead of making money. Besides that, a gambler should have self-control in a gambling game to prevent loss.
Even then winning in a gambling game in which your strategy can count is incredibly difficult as in most of those games you are competing against other players and they want to achieve the same goal as you and they are not going to lose their money willingly to you, and when we add that even during those games there is some money you need to pay to the casino because they are facilitating their installations for those kind of games this makes even more difficult to earn profits while playing those games.
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May 01, 2021, 05:05:22 PM
 #387


Since when is fate assisting you in winning? There's no such thing as fate, if you believe that your actions are driven by some other force, you're definitely going the wrong way, in terms of gambling. Most games, are a simple game of odds/probabilities. What's the probability of winning a Dice game with 75% win chance? It means that by playing 4 games, you are LIKELY to win 3 of them.

What other force? fate is not another force that you or they can change, In my opinion, fate is already set the way you do things, the time you will get hardship in life, the time and date you will die, it is all set up to fate no one can control or change it, lack of control is yourself, it is very not common to fate to compare such things, self-control will establish in your ways and guess mind-set if is the key in doing control over your emotions.
Mahdirakib
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May 01, 2021, 05:21:36 PM
 #388

Since when is fate assisting you in winning? There's no such thing as fate, if you believe that your actions are driven by some other force, you're definitely going the wrong way, in terms of gambling. Most games, are a simple game of odds/probabilities. What's the probability of winning a Dice game with 75% win chance? It means that by playing 4 games, you are LIKELY to win 3 of them.
The result of a session doesn't match with the probability all the time. Obviously fate exist in gambling. While a player hit bigger payout within few rolls then it is addressed as fate. But everything will depend on probability if we play for so long. Most of the gambler doesn't rely on probability, they want to get early wins and lucky sessions. Which depends on fate. And a good control will help to maintain profit if you win anything luckily.

I have managed to recover and made profit by placing rage bets few many times. Also I have experienced both more and less losing streak while playing. I believe every gambler has gone through this situation. And gambler take it as fate/luck.

R


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May 01, 2021, 05:30:44 PM
 #389


Since when is fate assisting you in winning? There's no such thing as fate, if you believe that your actions are driven by some other force, you're definitely going the wrong way, in terms of gambling. Most games, are a simple game of odds/probabilities. What's the probability of winning a Dice game with 75% win chance? It means that by playing 4 games, you are LIKELY to win 3 of them.

What other force? fate is not another force that you or they can change, In my opinion, fate is already set the way you do things, the time you will get hardship in life, the time and date you will die, it is all set up to fate no one can control or change it, lack of control is yourself, it is very not common to fate to compare such things, self-control will establish in your ways and guess mind-set if is the key in doing control over your emotions.
But if there is an immutable fate that rules our lives then lack of control doesn't exist, as it will be just a consequence of this predetermined fate. Furthermore free will doesn't exist as well and we are machines following invisible commands put inside our minds. If the gambler's fate is to be a gambling addicted there is nothing he can do, because it's his destiny. Do you really think all of this make sense?

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May 01, 2021, 05:46:36 PM
 #390

Since when is fate assisting you in winning? There's no such thing as fate, if you believe that your actions are driven by some other force, you're definitely going the wrong way, in terms of gambling. Most games, are a simple game of odds/probabilities. What's the probability of winning a Dice game with 75% win chance? It means that by playing 4 games, you are LIKELY to win 3 of them.
The result of a session doesn't match with the probability all the time. Obviously fate exist in gambling. While a player hit bigger payout within few rolls then it is addressed as fate. But everything will depend on probability if we play for so long. Most of the gambler doesn't rely on probability, they want to get early wins and lucky sessions. Which depends on fate. And a good control will help to maintain profit if you win anything luckily.

I have managed to recover and made profit by placing rage bets few many times. Also I have experienced both more and less losing streak while playing. I believe every gambler has gone through this situation. And gambler take it as fate/luck.

Of course, because that is just normal, we win some, we lose some, what's important is we are always disciplined as a gambler so we will not chase our losses that would result in losing more money. Winning and losing situation, we should have a specific plan on how to handle ourselves on that, we have to mature and understand that if we really want to succeed as a gambler, being consistent is what we need to achieve first.

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May 01, 2021, 05:56:14 PM
 #391

Since when is fate assisting you in winning? There's no such thing as fate, if you believe that your actions are driven by some other force, you're definitely going the wrong way, in terms of gambling. Most games, are a simple game of odds/probabilities. What's the probability of winning a Dice game with 75% win chance? It means that by playing 4 games, you are LIKELY to win 3 of them.
The result of a session doesn't match with the probability all the time. Obviously fate exist in gambling. While a player hit bigger payout within few rolls then it is addressed as fate. But everything will depend on probability if we play for so long. Most of the gambler doesn't rely on probability, they want to get early wins and lucky sessions. Which depends on fate. And a good control will help to maintain profit if you win anything luckily.

I have managed to recover and made profit by placing rage bets few many times. Also I have experienced both more and less losing streak while playing. I believe every gambler has gone through this situation. And gambler take it as fate/luck.
I think it's true that we just do it on luck and with a better destiny when the initial winning session arrives, even if we play for a long time it's no wonder this in luck it will be destroyed if it continues to play long at the core when the initial win is big it means that it is said with luck that your destiny is better at that moment.

When you are able to recover in a bet that cannot be recovered, then here I think fate is the one that determines because nothing will be a big win or just a little luck?

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May 01, 2021, 06:03:12 PM
 #392

Since when is fate assisting you in winning? There's no such thing as fate, if you believe that your actions are driven by some other force, you're definitely going the wrong way, in terms of gambling. Most games, are a simple game of odds/probabilities. What's the probability of winning a Dice game with 75% win chance? It means that by playing 4 games, you are LIKELY to win 3 of them.
The result of a session doesn't match with the probability all the time. Obviously fate exist in gambling. While a player hit bigger payout within few rolls then it is addressed as fate. But everything will depend on probability if we play for so long. Most of the gambler doesn't rely on probability, they want to get early wins and lucky sessions. Which depends on fate. And a good control will help to maintain profit if you win anything luckily.

I have managed to recover and made profit by placing rage bets few many times. Also I have experienced both more and less losing streak while playing. I believe every gambler has gone through this situation. And gambler take it as fate/luck.
I think it's true that we just do it on luck and with a better destiny when the initial winning session arrives, even if we play for a long time it's no wonder this in luck it will be destroyed if it continues to play long at the core when the initial win is big it means that it is said with luck that your destiny is better at that moment.

When you are able to recover in a bet that cannot be recovered, then here I think fate is the one that determines because nothing will be a big win or just a little luck?

Think about luck and you'll lose in the long run, luck is good if you are aiming for a big-time win that will satisfy you, but if you are talking about long term success in gambling, you need some consistency to win most of the time, and you should not focus on games that have a big house edge to be able to utilize your skills in gambling.



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just_Alice
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May 01, 2021, 06:06:04 PM
 #393

As for the stock market, there are scientific studies (they are possible since the entire trading history is available) that show that shorting on average is unprofitable and buying is profitable.
Can you share the links to the studies, or where did you get that information? Because I've encountered the opposite: that short selling, though very risky, is more profitable. You just have to be an experienced enough trader. Of course, for a newbie, who doesn't yet see how the stock market functions and some general tendencies, can't expect certain price values it must be difficult, but is it unprofitable for the skilled traders as well?
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May 01, 2021, 08:31:37 PM
 #394


Since when is fate assisting you in winning? There's no such thing as fate, if you believe that your actions are driven by some other force, you're definitely going the wrong way, in terms of gambling. Most games, are a simple game of odds/probabilities. What's the probability of winning a Dice game with 75% win chance? It means that by playing 4 games, you are LIKELY to win 3 of them.

What other force? fate is not another force that you or they can change, In my opinion, fate is already set the way you do things, the time you will get hardship in life, the time and date you will die, it is all set up to fate no one can control or change it, lack of control is yourself, it is very not common to fate to compare such things, self-control will establish in your ways and guess mind-set if is the key in doing control over your emotions.
But if there is an immutable fate that rules our lives then lack of control doesn't exist, as it will be just a consequence of this predetermined fate. Furthermore free will doesn't exist as well and we are machines following invisible commands put inside our minds. If the gambler's fate is to be a gambling addicted there is nothing he can do, because it's his destiny. Do you really think all of this make sense?

I am saying that the word fate or destiny exist only for example knowing the time and date of one death but you will know it until that time comes you will never know what other things that will happen to us we always think that we have control over our destiny or fate, but it is already fixed, knowing it at hand may surely change what may happen, but could a person know what may happen through his entire life? that would be absurd right, GOD is the only one that can sure see what is in store in our future

But surely we had control over our action but we can not have control over our fate if we can not see the future, these two things are surely different and it can not co-exist applying it to gambling if you win or lose in gambling then that is your inebitable fate or destiny.
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May 01, 2021, 11:50:42 PM
 #395

Totally agree,fate just a excuse for us to console ourselves,the reason is lack of control,if you keep gambling without control,might be you could win one or twice,but you would lose finally. This is a normal phenomenon for a gambler.
Gamling just for fun,not for life.
That's just how things go, if you can't keep your gambling habits in check you'll just lose the winnings you get, somewhere down the line you'll be selling stuff that are dear to you but you would because you need to support your gambling addiction. You see instilling discipline to yourself doesn't just promote a good win ratio when gambling. It also assures you that your gambling habits are in check and you are not addicted.
Honestly, keeping one's gambling habit in check is not what prevents a gambler from losing her winning and I believe what's important is understanding the main concept of gambling when someone understands the fundamental aspect of things it easy to flourish through the thing.

Ultegra134
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May 02, 2021, 06:14:14 AM
 #396

Since when is fate assisting you in winning? There's no such thing as fate, if you believe that your actions are driven by some other force, you're definitely going the wrong way, in terms of gambling. Most games, are a simple game of odds/probabilities. What's the probability of winning a Dice game with 75% win chance? It means that by playing 4 games, you are LIKELY to win 3 of them.
The result of a session doesn't match with the probability all the time. Obviously fate exist in gambling. While a player hit bigger payout within few rolls then it is addressed as fate. But everything will depend on probability if we play for so long. Most of the gambler doesn't rely on probability, they want to get early wins and lucky sessions. Which depends on fate. And a good control will help to maintain profit if you win anything luckily.

I have managed to recover and made profit by placing rage bets few many times. Also I have experienced both more and less losing streak while playing. I believe every gambler has gone through this situation. And gambler take it as fate/luck.
I think it's true that we just do it on luck and with a better destiny when the initial winning session arrives, even if we play for a long time it's no wonder this in luck it will be destroyed if it continues to play long at the core when the initial win is big it means that it is said with luck that your destiny is better at that moment.

When you are able to recover in a bet that cannot be recovered, then here I think fate is the one that determines because nothing will be a big win or just a little luck?
I don't believe in anything, fate or destiny isn't something I support. I acknowledge that we are responsible for our own actions and if we end up losing in a game which is solely based on chances, it's simple luck, the odds weren't in our favor. Likewise, I won't blame fate if I lose my entire balance, nor if I lose a couple of games, we're accepting that there's a chance we'll lose our money when we started gambling.

R


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May 02, 2021, 06:34:45 AM
 #397

Totally agree,fate just a excuse for us to console ourselves,the reason is lack of control,if you keep gambling without control,might be you could win one or twice,but you would lose finally. This is a normal phenomenon for a gambler.
Gamling just for fun,not for life.
That's just how things go, if you can't keep your gambling habits in check you'll just lose the winnings you get, somewhere down the line you'll be selling stuff that are dear to you but you would because you need to support your gambling addiction. You see instilling discipline to yourself doesn't just promote a good win ratio when gambling. It also assures you that your gambling habits are in check and you are not addicted.
Honestly, keeping one's gambling habit in check is not what prevents a gambler from losing her winning and I believe what's important is understanding the main concept of gambling when someone understands the fundamental aspect of things it easy to flourish through the thing.

It's very dangerous to mistake probabilities for fate or destiny. Just because we won in the past is no guarantee that we are going to keep winning in the future. I think that if we just rely on fate we are losing control of our gambling habits. It's up to all of us to remain committed to a good strategy and to not get hooked on gambling. A gambling addiction can be very expensive for us and ruin our families. We need to find a good mix between gambling and investing.
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May 02, 2021, 07:25:16 AM
 #398

When you gamble on dice, each roll has the same chance of hitting any number you are chasing. You could have 100 btc or .01btc and be chasing x9900 and your chances will always be the same. I used to think math played a part in my odds but have learned that it's all random luck.

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May 02, 2021, 07:39:32 AM
 #399

It's very dangerous to mistake probabilities for fate or destiny. Just because we won in the past is no guarantee that we are going to keep winning in the future.

It really is dangerous, it leads to chasing your losses, if it's your bad day accept it as it is, if it's your lucky then learn how and when to stop,
each day is very much different from the other day, take every game as it is don't try to win it's a luck based game, don't try to fool yourself that you can win by extending your roll, learn when to stop and how to stop
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May 02, 2021, 08:02:37 AM
 #400

It really is dangerous, it leads to chasing your losses, if it's your bad day accept it as it is, if it's your lucky then learn how and when to stop,
each day is very much different from the other day, take every game as it is don't try to win it's a luck based game, don't try to fool yourself that you can win by extending your roll, learn when to stop and how to stop
I'm following Martingale strategy which will be getting me profits only if I am extending my rolls; I mean even I am looking like out of control, I am still in control over my gambling and this way if I keep trying then I may get chances to recover my losses and also will get into profits. So, it is not only about when to stop but it is all about how you are approaching in calculated manner.

Gambling is based on pure luck, I agree. But, there are methods are available to maximize the chances for your lack factor to favor you.
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