Betting strategy question

[dezoel]

For me there is no strategy whatsoever that can be done to play slots, because its works by the machine, not our brains. We only bet, the rest is machines or programs (online slots).

it's true that in slot games we are the same as playing against a machine that has been set in such a way and we only need to press the spin button without using any strategy.
as far as I know, slot strategy or what is commonly called a slot game pattern is like a myth and it won't be of any use if we're unlucky. I mean the slot machine has been set at what round it will usually bring up free spins or a large multiplier will appear. but depending on how much capital we survive to get to that round.
but the real fact is that if we spend too long in slot games it will make us lose and that is what I mean by slot machines that have been set will continue to win and we will lose.

I've heard people saying they've tried the strategy or pattern in slots to get a high multiplier or free bonuses, and it's not actually always the same way. It comes at different intervals between the spins, sometimes quicker and sometimes later but what that proves is that there is basically no confirmed pattern to that be followed to get guaranteed profit since at the end of the day, it's gambling it's all based on luck.

People say that it sometimes occurs after 100 spins, sometimes after 200, and sometimes even within the first 50 spins, or at times not even after 200. So we should keep in mind not keep any target of spins in mind when playing slots but should just play and enjoy while we can, and if we get lucky, we will get our multiplier within our budget.

[Fredomago]

The same way of strategy as the lotto is that there's a higher chance of winning so if you have the time to risk with this kind of game because of the higher chance of a return for sure you'll grab the opportunity but of course not all the time it works with the different person still ideal if you manage the risk on yourself. For me Martingale is not ideal too and as a gambler it just double and increase the number and amount of losses.

Talking about the example you made with the lottery games, it's less risky but the chance of winning is very low, I've seen many people having multiple attempts upon years without being lucky to win, sometimes we need to think extensively and come up with a new approach and such idea may influence having a new or entirely different result from what we have been having in the past, we just need a change in strategies.

Haha. I met people who played the lottery all their lives, but never won. 

To be honest I do not understand these people because the chances of winning is so small that I do not even want to try their luck. I personally would rather play slots or bet on a soccer match and watch it online. Unlike the lottery, slots or betting on sports are fun for me.

Well, it's a great point, what you're talking about is true, at the level of probabilities and statistics it points very well to what you say, perhaps the best probabilities are in sports betting that are more focused on giving results based on what is it has knowledge and not only luck, and with respect to slot machines they can give you a lot of money if you know how to play, because we could also lose a lot of money there, games of chance are designed to have fun but not so much for us to win, That is something that is known, however, many of us play with the intention of winning.

Weighting the chances of winning, in sports betting you can do hard research and analyze past performances of each player or teams that you are aiming to bet with, while with how you describe luck base casino games, the chances of winning is lesser than a chance of winning because you are mostly leaning with luck.

It's understandable that those gamblers who are aiming to win using a luck base games are doing also their research, trying to find the best strategy to win and avoid losing more money.

But the common factors between is always Luck with it beside you your chance of winning is really high.

[fullhdpixel]

Strategies are nothing when you got no luck, most especially in slot games that are purely luck driven. So even if you make use of potential strategies in gambling, that won’t still work as gambling outcome rely mostly on luck. However, with this betting strategy shared by OP, i can say it’s really tempting to bet but if you keep on betting and chase bigger profits, probably that will only cause you to lose bigger amount of money instead of making it big in gambling.

If we are talking about the slot game, I don't think so that any strategy could work in this game but maybe there are some gamblers who formulated their own strategy and try to use it here. There are times where a co-incident happen and they will win their bets and they will have a false thinking that it is because of their strategy that made them a winner.

If only they do it on other luck  based game like dice then maybe it will made sense since there are also different strategies created already and there are also bots which can allow scripts. If we think that our strategy or the strategy we tried from someone else have worked, we should not abuse it because losing will still be inevitable.

[Betwrong]

~snip~
The thing is that for many people, myself included, gambling without earning anything significant, or even losing a bit of your money, is not wasting of time. We use gambling for entertainment and relaxation, not for income generation. Hence the formula: the longer you last with the money allocated for gambling the better.

It's not always like that, of course. Every gambler knows that there are times when you can't stop, and you keep betting, and you feel exhausted in the end, and some money lost on top of that, and stuff. But with those gambling for fun this happens much less often than with those playing for profit.

There is a difference between games and gambling though...

The element of potential winning a lot of money is a huge element of gambling, that is not present in games in general.

Gaming is probably even more popular than gambling, but it still generates less revenue for the companies, because a gambler can lose so much more money in the same amount of time than a gamer.

We weren't talking about gaming, though. We discuss here gambling, right? Global video game market is actually larger than gambling market, but let's drop it, because it's out of topic entirely. Let's at least stick with gambling here, ok? Speaking of which, no, it's not a valid argument that "gambler can lose so much more money in the same amount of time than a gamer". Gambler can win a lot too, right? Casinos get their revenue from the house edge, not from what this or that gambler loses.

[nullama]

~snip~
We weren't talking about gaming, though. We discuss here gambling, right? Global video game market is actually larger than gambling market, but let's drop it, because it's out of topic entirely. Let's at least stick with gambling here, ok? Speaking of which, no, it's not a valid argument that "gambler can lose so much more money in the same amount of time than a gamer". Gambler can win a lot too, right? Casinos get their revenue from the house edge, not from what this or that gambler loses.

Casinos absolutely get their money from gambler loses.

Last time I checked some real world numbers, a casino was making about 3% of their net gains from alcohol (note that most bars and restaurants survive on alcohol sales alone basically), and the rest was money received from gambling losses.

If you look around the world, the gambling Market size is 262 billion USD. Almost the same as the current market cap of Bitcoin.

[Viscore]

In fact, a gambler cannot determine and ensure that he really can have a multiplier opportunity like that found in slot games.

For me there is no strategy whatsoever that can be done to play slots, because its works by the machine, not our brains. We only bet, the rest is machines or programs (online slots).

Some people can indeed have an opinion like you that any strategy cannot be done to play slots.
But have you never tried and found out that there are several special patterns that can be used in slot games and many gamblers have proven this.
In this pattern it cannot really give a win, but at least with this pattern we can increase the chances of being able to win slot games.
Sounds ridiculous and doesn't make sense, but in reality that's what happened for now.

That could be true too as gamblers still find it exciting to play slot games even if we already know it’s clearly a luck-based game, maybe because they still anticipate for a good win by following some special patterns they reserved for slot games. And to think that it could work for some gamblers, I guess it’s not bad too if we can also try making it. After all, gambling is gambling, it’s outcome will always be unpredicted, and it’s what keep us from coming back in gambling.

[pawel7777]

I'd actually hope for casinos to get a statistic of how much players usually play and after x amount (the amount that they deem to be worth of note), the casino would lock the account down to let the player cooldown. Could be an optional thing but I'd much rather be a forced thing.

In the UK (and probably EU), CFD trading platforms are required to disclose information about the % of retail investors losing money with each provider. Two examples from Plus 500 and eToro:





I guess they could introduce similar requirements for gambling sites, but we already know that number would be 100% oe very close to it.

[masulum]

That could be true too as gamblers still find it exciting to play slot games even if we already know it’s clearly a luck-based game, maybe because they still anticipate for a good win by following some special patterns they reserved for slot games. And to think that it could work for some gamblers, I guess it’s not bad too if we can also try making it. After all, gambling is gambling, it’s outcome will always be unpredicted, and it’s what keep us from coming back in gambling.

I'm still not completely sure about that. If there really is a pattern (even though it doesn't guarantee winning bets) and if the pattern is recognized, of course there will be more people who will try it. If it is true that there is a chance to win, wouldn't there be more chances to win (from all of gambler who is trying the pattern? If more win then lose, of course this will make the gambling ecosystem more unstable. The more wins, the more the balance will be drained from the dealer. If this happens, there will not be many providers who can get a lot of profit and tend to go bankrupt because of this pattern. CMIIW

[pawel7777]

That could be true too as gamblers still find it exciting to play slot games even if we already know it’s clearly a luck-based game, maybe because they still anticipate for a good win by following some special patterns they reserved for slot games. And to think that it could work for some gamblers, I guess it’s not bad too if we can also try making it. After all, gambling is gambling, it’s outcome will always be unpredicted, and it’s what keep us from coming back in gambling.

I'm still not completely sure about that. If there really is a pattern (even though it doesn't guarantee winning bets) and if the pattern is recognized, of course there will be more people who will try it. If it is true that there is a chance to win, wouldn't there be more chances to win (from all of gambler who is trying the pattern? If more win then lose, of course this will make the gambling ecosystem more unstable. The more wins, the more the balance will be drained from the dealer. If this happens, there will not be many providers who can get a lot of profit and tend to go bankrupt because of this pattern. CMIIW

You guys are massively overthinking the issue. If we're talking about playing slot games in physical casinos, this is massively dominated by elderly, retired, and often lonely people who are simply looking for some enjoyment.

For a sad video proof, click the image:



If you have elderly parents, remember to call and visit as often as you can.

[LUCKMCFLY]

Betting small is the only way to last long in the game.

Why would you care about lasting long in gambling at all? That's a strange goal to have.

I'd much rather lose $100 in a minute, than keep playing whatever game for say a couple of days and lose the same amount - because then I'd also lose a lot of time, and you can't buy or win that back.

The thing is that for many people, myself included, gambling without earning anything significant, or even losing a bit of your money, is not wasting of time. We use gambling for entertainment and relaxation, not for income generation. Hence the formula: the longer you last with the money allocated for gambling the better.

It's not always like that, of course. Every gambler knows that there are times when you can't stop, and you keep betting, and you feel exhausted in the end, and some money lost on top of that, and stuff. But with those gambling for fun this happens much less often than with those playing for profit.

It's that this is the secret, you can't do more, if a person plays for fun and has his money destined for fun and if he loses it, it doesn't hurt because the person's enjoyment remains.

There are players who enter a casino with the intention of multiplying their money, and that thought is not good, because if you bet and lose, you want to recover the money lost by making a bigger bet and thus what they will achieve is losing all their money. , sometimes they use the martingale, which is the most reckless strategy.

A player has to know how to lose and win, if one as a player loses he must retire assuming the loss, but afterward it is not worse.

[pawel7777]

The thing is that for many people, myself included, gambling without earning anything significant, or even losing a bit of your money, is not wasting of time. We use gambling for entertainment and relaxation, not for income generation. Hence the formula: the longer you last with the money allocated for gambling the better.

It's not always like that, of course. Every gambler knows that there are times when you can't stop, and you keep betting, and you feel exhausted in the end, and some money lost on top of that, and stuff. But with those gambling for fun this happens much less often than with those playing for profit.

I missed this post, just noticed it quoted by LUCKMCFLY.

What you wrote makes some sense but I don't quite buy it. What's entertaining in gambling is the hope of winning and making a profit. That's the underlying appeal of it. I don't think you'd even enter any casino or log in to any gambling site if you 100% knew you will end up poorer than you were before entering. i.e. would you play roulette if every field was a losing one, but the max bet was $0.01, meaning you could last long hours with say $10. Probably not, spending $10 just to watch the wheel spin would be a waste of time.

Personally, I hated times when I spent hours on a poker site and ended up with a loss or in a break-even position. Not because of the money lost, but because of the realisation of the wasted time. Sure, there was some entertaining factor in it, but it's not like entertainment is a primary goal in life. You could spend that time doing something more meaningful and fulfilling.

[Betwrong]

~snip~
We weren't talking about gaming, though. We discuss here gambling, right? Global video game market is actually larger than gambling market, but let's drop it, because it's out of topic entirely. Let's at least stick with gambling here, ok? Speaking of which, no, it's not a valid argument that "gambler can lose so much more money in the same amount of time than a gamer". Gambler can win a lot too, right? Casinos get their revenue from the house edge, not from what this or that gambler loses.

Casinos absolutely get their money from gambler loses.

Last time I checked some real world numbers, a casino was making about 3% of their net gains from alcohol (note that most bars and restaurants survive on alcohol sales alone basically), and the rest was money received from gambling losses.
~

Well, that's where we, You and I, differ in our opinions. I don't mind. People should have different opinions, life is more fun that way. But from what I know, losses and winnings more or less compensate each other, and the profit for casinos comes from the house edge, and, you are right, from alcohol sales inside, and also, if we are talking about land-based casinos, there's also hotel and restaurant revenue, some retail revenue, and stuff like that.

[Fredomago]

Betting small is the only way to last long in the game.

Why would you care about lasting long in gambling at all? That's a strange goal to have.

I'd much rather lose $100 in a minute, than keep playing whatever game for say a couple of days and lose the same amount - because then I'd also lose a lot of time, and you can't buy or win that back.

The thing is that for many people, myself included, gambling without earning anything significant, or even losing a bit of your money, is not wasting of time. We use gambling for entertainment and relaxation, not for income generation. Hence the formula: the longer you last with the money allocated for gambling the better.

It's not always like that, of course. Every gambler knows that there are times when you can't stop, and you keep betting, and you feel exhausted in the end, and some money lost on top of that, and stuff. But with those gambling for fun this happens much less often than with those playing for profit.

It's that this is the secret, you can't do more, if a person plays for fun and has his money destined for fun and if he loses it, it doesn't hurt because the person's enjoyment remains.

There are players who enter a casino with the intention of multiplying their money, and that thought is not good, because if you bet and lose, you want to recover the money lost by making a bigger bet and thus what they will achieve is losing all their money. , sometimes they use the martingale, which is the most reckless strategy.

A player has to know how to lose and win, if one as a player loses he must retire assuming the loss, but afterward it is not worse.

I can agree to that opinions, if you allocate money to use with your entertainment and you choose to gamble to be entertained then it's going to be okay if you lose your money, though if you are betting and your intentions is to double or more your initial capital then the chance of being aggressive will always be there with you.

Unless you have good limitations with your bankroll and you know how to stop when you needed to stop, then the chance
is good that you will be able to manifest with some strategy that you will going to use.

[wiss19]

if you allocate money to use with your entertainment and you choose to gamble to be entertained then it's going to be okay if you lose your money, though if you are betting and your intentions is to double or more your initial capital then the chance of being aggressive will always be there with you.

Unless you have good limitations with your bankroll and you know how to stop when you needed to stop, then the chance
is good that you will be able to manifest with some strategy that you will going to use.

Someone can also play with multiple strategies and limits they've set for themselves. That way, they can reduce the chances of gambling more than the allocated funds, and be able to also enjoy their time gambling while having no mental pressure when they finish gambling for every specific day. If I was to do something like that I would do it this way:

A limited budget for a day to gamble. If that runs out, you stop right there and don't gamble more. And, a specific win target as well, and if you hit that target for that day, you also stop gambling and wait for the next day. This way, if you lose your limited budget for each day, that's just the normal routine, but if you reach the winning target for about 2 or 3 days a week, you will have some profit from that.

[worldofcoins]

if you allocate money to use with your entertainment and you choose to gamble to be entertained then it's going to be okay if you lose your money, though if you are betting and your intentions is to double or more your initial capital then the chance of being aggressive will always be there with you.

Unless you have good limitations with your bankroll and you know how to stop when you needed to stop, then the chance
is good that you will be able to manifest with some strategy that you will going to use.

Someone can also play with multiple strategies and limits they've set for themselves. That way, they can reduce the chances of gambling more than the allocated funds, and be able to also enjoy their time gambling while having no mental pressure when they finish gambling for every specific day. If I was to do something like that I would do it this way:

A limited budget for a day to gamble. If that runs out, you stop right there and don't gamble more. And, a specific win target as well, and if you hit that target for that day, you also stop gambling and wait for the next day. This way, if you lose your limited budget for each day, that's just the normal routine, but if you reach the winning target for about 2 or 3 days a week, you will have some profit from that.

It's possible to think that "We'll stop after playing x bets/amount a day whether it's winning or losing," But it's hard to stick to that plan.

For example, someone hits a losing streak and wants to recover that amount on the same day but ends up losing all the balance and going broke.
It's easy to set limits than to follow them.

[JooBra]

if you allocate money to use with your entertainment and you choose to gamble to be entertained then it's going to be okay if you lose your money, though if you are betting and your intentions is to double or more your initial capital then the chance of being aggressive will always be there with you.

Unless you have good limitations with your bankroll and you know how to stop when you needed to stop, then the chance
is good that you will be able to manifest with some strategy that you will going to use.

Someone can also play with multiple strategies and limits they've set for themselves. That way, they can reduce the chances of gambling more than the allocated funds, and be able to also enjoy their time gambling while having no mental pressure when they finish gambling for every specific day. If I was to do something like that I would do it this way:

A limited budget for a day to gamble. If that runs out, you stop right there and don't gamble more. And, a specific win target as well, and if you hit that target for that day, you also stop gambling and wait for the next day. This way, if you lose your limited budget for each day, that's just the normal routine, but if you reach the winning target for about 2 or 3 days a week, you will have some profit from that.

It's possible to think that "We'll stop after playing x bets/amount a day whether it's winning or losing," But it's hard to stick to that plan.

For example, someone hits a losing streak and wants to recover that amount on the same day but ends up losing all the balance and going broke.
It's easy to set limits than to follow them.

For me when betting with strategy I have bigger satisfaction to see will my strategy work or not. But I always bet small so I never had a urge to recover my bets since thay are mostly small.

[erep]

It's possible to think that "We'll stop after playing x bets/amount a day whether it's winning or losing," But it's hard to stick to that plan.

For example, someone hits a losing streak and wants to recover that amount on the same day but ends up losing all the balance and going broke.
It's easy to set limits than to follow them.

We must apply the strategy you mentioned above, gambling must determine limits and if someone experiences a losing streak then you have no chance of recovering losses on the same day, if you force yourself to bet then you will experience higher losses.

It is recommended that you set a limit for gambling funds and if you experience a loss then there is another opportunity to recover losses, you also have to analyze previous losses to get a chance to win for the next bet.

[Fredomago]

It's possible to think that "We'll stop after playing x bets/amount a day whether it's winning or losing," But it's hard to stick to that plan.

For example, someone hits a losing streak and wants to recover that amount on the same day but ends up losing all the balance and going broke.
It's easy to set limits than to follow them.

We must apply the strategy you mentioned above, gambling must determine limits and if someone experiences a losing streak then you have no chance of recovering losses on the same day, if you force yourself to bet then you will experience higher losses.

It is recommended that you set a limit for gambling funds and if you experience a loss then there is another opportunity to recover losses, you also have to analyze previous losses to get a chance to win for the next bet.

Set limitations and understand all the risk that you can possibly encounter during your gambling sessions.

With those knowledge and acceptance you can save your butt in losing a lot of.

Make sure to analyze and undertand before doing anything, remember that it's your money that in stake so better to make a good

analysis before playing.

[nullama]

~snip~
Set limitations and understand all the risk that you can possibly encounter during your gambling sessions.

With those knowledge and acceptance you can save your butt in losing a lot of.

Make sure to analyze and undertand before doing anything, remember that it's your money that in stake so better to make a good

analysis before playing.

Yeah, but at the end of the day if you actually run the analysis you'll realize that the expectation is that you're going to lose money.

That's what the math says.

So, you could treat it as entertainment and budget it accordingly.

Or you could use the math to take risks up to a certain level. I mean, it's better to have a small risk than a huge one. Some people play games that are almost impossible to win and they don't even pay a lot. That's just poor risk analysis

[Fredomago]

~snip~
Set limitations and understand all the risk that you can possibly encounter during your gambling sessions.

With those knowledge and acceptance you can save your butt in losing a lot of.

Make sure to analyze and undertand before doing anything, remember that it's your money that in stake so better to make a good

analysis before playing.

Yeah, but at the end of the day if you actually run the analysis you'll realize that the expectation is that you're going to lose money.

That's what the math says.

So, you could treat it as entertainment and budget it accordingly.

Or you could use the math to take risks up to a certain level. I mean, it's better to have a small risk than a huge one. Some people play games that are almost impossible to win and they don't even pay a lot. That's just poor risk analysis

I agree with that, better to analyze and take some risk in hope that there's a good chance that you might win something, I mean, if you analyze the game and you see that there's some chance then why not bother to spare some money on it and see what will be the outcome, though most of the time it will be depending from how a gambler will take it.

If you are willing to gamble with luck, then so be it. Who knows what the future will bring you when luck back you up with your bet, right?