Gamblers that don't understand basic gambling concepts.

[uneng]

As a result, it is not surprising that every now and then we see someone who thinks he has found a good system to win casino games by applying some variant of the Martingale. This is despite the fact that these are not complicated concepts and the information is easily accessible to everyone, it is not like 30 years ago. I would say that at least 25% of the people who write in this section fall into this category.

Do you have the same perception as me?

If we were in some years ago I would agree with you, because there was indeed a large percentage of forum members who considered gambling a method to make money, side by side with trading, signature campaigns and micro tasks. It was a common belief, maybe because many of them were introduced to crypto gambling recently.

But right now I think the general mindset has already changed. Of course there are a vast number of posts still stating sports betting is the key for profit with gambling, but I think this concept has already decreased in popularity as well.

What happens is that always a new hype begins in gambling field, people will start talking about that in a positive way, as it was possible to gather positive results on long term. And once they realize to be mistaken, such opinions fade away from the common sense. Anyway, that is an endless sequence of cycles. Once there is a new trend, all the hopes from gamblers will relight, attempting to find the perfect method this time.

[madnessteat]

On this forum interacts with a huge number of people, some leave, some come, so there will always be those who will be sure that using the Martingale strategy can make money.

In my opinion those who understand that this is not the case should explain to such gamblers that they are mistaken in this strategy.

How many strategies have I used, but none of them proved to be good in the long run. You may or may not be lucky, but you should only play for fun.

[Fortify]

For some time now I have seen in this section of the forum a not small percentage of gamblers who do not understand basic statistical concepts of mathematics applied to gambling, such as Return to Player or Expected Value. As a result, it is not surprising that every now and then we see someone who thinks he has found a good system to win casino games by applying some variant of the Martingale. This is despite the fact that these are not complicated concepts and the information is easily accessible to everyone, it is not like 30 years ago. I would say that at least 25% of the people who write in this section fall into this category.

Do you have the same perception as me?

I think a lot of whiny threads of people telling how they ended up losing a lot more than they expected would be minimised if people understood these basic concepts. Although knowing the theory doesn't guarantee it 100% because we sometimes get carried away by emotions.

I am sure that some of those who think they understand these concepts but in reality do not will comment on this thread .

It's a simple fact of life that not everyone has the same intelligence or is educated to the same levels. A large part of the way casinos make money is being able to stay slightly ahead of what the average person knows and potentially (maybe even via algorithms) take advantage of human nature. They are making huge profits every year, which just goes to show that they are very good at fooling a large portion of the population into losing money. As for whiny threads, some people are just sore losers and while they jump in with an ambition to win lots of money, taking a shortcut in life, they inevitably fall flat on their face and throw away their money on games that they are told favor the house.

[o48o]

For some time now I have seen in this section of the forum a not small percentage of gamblers who do not understand basic statistical concepts of mathematics applied to gambling, such as Return to Player or Expected Value. As a result, it is not surprising that every now and then we see someone who thinks he has found a good system to win casino games by applying some variant of the Martingale. This is despite the fact that these are not complicated concepts and the information is easily accessible to everyone, it is not like 30 years ago. I would say that at least 25% of the people who write in this section fall into this category.

Do you have the same perception as me?

I think a lot of whiny threads of people telling how they ended up losing a lot more than they expected would be minimised if people understood these basic concepts. Although knowing the theory doesn't guarantee it 100% because we sometimes get carried away by emotions.

I am sure that some of those who think they understand these concepts but in reality do not will comment on this thread .

Totally, but lot's of people just aren't educated in that area or educated at all, they they prefer some sort of lucky charms, numerology and all kinds of logical fallacies to support their feeling of being in control, opposed to being in the mercy of statistics. All we can do is to explain this over and over no newbs as it's often not their fault of being misguided or misinformed.

[Rruchi man]

Do you have the same perception as me?

I think it is a normal thing to find gamblers who know nothing about the basic concepts in gambling because every body learnt to gamble differently. While some people's knowledge of gambling can be considered professional maybe due to how they learnt to gamble, where they learnt to gamble and who they learnt to gamble from, other people's knowledge is quite still crude, but does not mean that they cannot still win with their crude knowledge in gambling, it just means a reduced chance to win.

[Odusko]

I am sure that some of those who think they understand these concepts but in reality do not will comment on this thread .

For the fact that gambling is risky and the house always have an edge over the player since the casino most generates revenue to keep it operations.
Gambling technique can help guide a player to some certain level but it does not give accurate result just like every other form of gambling, knowledge can only help the player make better decisions that could give good winning.
So first thing first accept the fact that there is no guaranteed gambling formula and anyone can get carried away.

[serjent05]

Do you have the same perception as me?

I think it is a normal thing to find gamblers who know nothing about the basic concepts in gambling because every body learnt to gamble differently. While some people's knowledge of gambling can be considered professional maybe due to how they learnt to gamble, where they learnt to gamble and who they learnt to gamble from, other people's knowledge is quite still crude, but does not mean that they cannot still win with their crude knowledge in gambling, it just means a reduced chance to win.

I am kinda confused, I believe, house edge, RTP and any other variance are already pre-determined in gambling games, so how does not knowing this reduce our chance of winnings?  Pleae enlighten me as I believe, even the most not knowledgeable person can win in any casino game as long as he knows when to stop.

[fzkto]

On this forum interacts with a huge number of people, some leave, some come, so there will always be those who will be sure that using the Martingale strategy can make money.

In my opinion those who understand that this is not the case should explain to such gamblers that they are mistaken in this strategy.

How many strategies have I used, but none of them proved to be good in the long run. You may or may not be lucky, but you should only play for fun.

I agree with you that gambling for most people, almost everyone, can not be a permanent source of income, but should be as an entertainment, to distract from the daily grind. I have heard about the Martingale strategy, but I think it is very difficult for most people. In general any strategy in the casino, where the probability is almost always 50/50, will not work after a while.

[iv4n]

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I am sure that some of those who think they understand these concepts but in reality do not will comment on this thread .
...

We see that all the time... in many gambling-related threads. How many people who actively comment in the gambling section actually gamble? Even more interesting are people that make comments in poker threads, I guess most of them never played poker, or they played just freerolls.

Many people just talk, but when the time comes to stand behind what it's said many will just move away and pretend like it never happened. Welcome to the real world.

[Vaskiy]

...
I am sure that some of those who think they understand these concepts but in reality do not will comment on this thread .
...

We see that all the time... in many gambling-related threads. How many people who actively comment in the gambling section actually gamble? Even more interesting are people that make comments in poker threads, I guess most of them never played poker, or they played just freerolls.

Many people just talk, but when the time comes to stand behind what it's said many will just move away and pretend like it never happened. Welcome to the real world.

This is true, myself too doesn't have much idea about poker. My game is Dice and sports betting, also I didn't try to learn other games because I've fixed it is difficult. I know the basics, because when I was to end my entire funds I used to play on each and every game. Whats been said is true, first of all many doesn't know about different games available.

[Baofeng]

For some time now I have seen in this section of the forum a not small percentage of gamblers who do not understand basic statistical concepts of mathematics applied to gambling, such as Return to Player or Expected Value. As a result, it is not surprising that every now and then we see someone who thinks he has found a good system to win casino games by applying some variant of the Martingale. This is despite the fact that these are not complicated concepts and the information is easily accessible to everyone, it is not like 30 years ago. I would say that at least 25% of the people who write in this section fall into this category.

Do you have the same perception as me?

I think a lot of whiny threads of people telling how they ended up losing a lot more than they expected would be minimised if people understood these basic concepts. Although knowing the theory doesn't guarantee it 100% because we sometimes get carried away by emotions.

I am sure that some of those who think they understand these concepts but in reality do not will comment on this thread .

Whether we know what are the odds are against us, there will always be gambling fallacy, or even closed to superstitious believed that we can overcome them and win against the house edge. Yeah, I understand some of the basic concept, but I will admit that I'm willing to go against like like the RTP in slots because the game was design to be enjoyed by the players as well, that's why we take risk and who knows, maybe we will win and be lucky, but I don't whine if I lose, that's how gambling is. You also touch based on one concept, our emotions. Yes, it's true, maybe majority of gamblers are carried away by it and keep on playing despite losing money already and seems can't control their feelings and they just want to chase that one big one.

[Viscore]

For some time now I have seen in this section of the forum a not small percentage of gamblers who do not understand basic statistical concepts of mathematics applied to gambling, such as Return to Player or Expected Value. As a result, it is not surprising that every now and then we see someone who thinks he has found a good system to win casino games by applying some variant of the Martingale. This is despite the fact that these are not complicated concepts and the information is easily accessible to everyone, it is not like 30 years ago. I would say that at least 25% of the people who write in this section fall into this category.

Do you have the same perception as me?

I think a lot of whiny threads of people telling how they ended up losing a lot more than they expected would be minimised if people understood these basic concepts. Although knowing the theory doesn't guarantee it 100% because we sometimes get carried away by emotions.

I am sure that some of those who think they understand these concepts but in reality do not will comment on this thread .

Gamblers who don't understand the concept of gambling only become part of the profit source for a casino site.
They play without having basic knowledge and precise calculations, so they only follow their way of thinking. However, losing and losing money is of course what they get, while the wins belong to the dealer or the casino owner himself.
So understanding and strategy in gambling is very important to have. Even though having an understanding or strategy does not guarantee a win, at least it can minimize the possibility of losing in gambling.

However, I believe some gamblers are smart enough to understand those basic concepts in gambling, but they refuse to internalize it as they are blinded by personal desires and the greed to make bigger money in the process. So as a result, they are doom into losses and only the casino house benefits from it. There’s no wrong actually once you’re into gambling, since it’s a means of pleasure, but if you have misunderstood it’s basic concepts and follow on what you believed, that’s the time that you will really experience the worst scenarios in gambling.

[KennyR]

When we never mind about the win we'll experience good winning. This is true and the money making mind is the key for the gambling house to win. When our mind thinks not to loss, we'll be in pressure, what we play won't be our real play. We make lot many calculation and does it to empty the wallet.

When people have the mind to play for fun, many gambling platforms will go bankrupt. In all means the players need the patience as well as the emotional control to stay strong against the Casinos.

[alegotardo]

Do you have the same perception as me?

I think a lot of whiny threads of people telling how they ended up losing a lot more than they expected would be minimised if people understood these basic concepts. Although knowing the theory doesn't guarantee it 100% because we sometimes get carried away by emotions.

I am sure that some of those who think they understand these concepts but in reality do not will comment on this thread .

Something I've noticed over the last couple of years is that the amount of people starting to play gambling has increased a lot.
These are people who, most of the time, had never made a bet before and found in casino advertisements a way to "make money" easily.

Techniques like Martingale give the player the false illusion that he will win forever, as defeats don't seem to exist, but it only appears later and when it seems to the player, it is brutal, taking all of the player's resources at once. turn.

Sooner or later, everyone ends up understanding that in the end, the house always wins, and anyone who wants to make a profit from it needs to know how to lose wisely, control their impulses and not want to win everything at once.

[chaser15]

It's not necessary for me to understand those technical aspects as long as I know what I'm up to.

Specifically when gambling in slots or roulettes, knowing the RTP of those is really not necessary as that would not change the fact that all our bets or spin results are under the random algorithm or hashes. Luck-based indeed.

I'm sure, those who play slots didn't really know how even the game works but not a problem as long as they want to see those winning scenes.

[aioc]

I think a lot of whiny threads of people telling how they ended up losing a lot more than they expected would be minimised if people understood these basic concepts. Although knowing the theory doesn't guarantee it 100% because we sometimes get carried away by emotions.

I am sure that some of those who think they understand these concepts but in reality do not will comment on this thread .

For newbies playing online casinos, they would and could not care which is why they call it gambling everything is by chance and they rely on it, there are many types of gamblers.
Those who bring their concept of gambling from offline to online
Those who just want to have fun and don't want to do with

basic statistical concepts of mathematics applied to gambling

Those who analyze everything and had a good knowledge of statistics and basic and advanced concept
Unfortunately, we cannot have one type of gambler only and that is why casinos are profitable they cater to many types of players, you can ask them to be responsible for how they play but you cannot oblige them to be educated when it comes to gambling everyone is to each his own.

[boyptc]

Those that are complaining or whining with their losses, they might have understood the concepts but they just can't accept that they have been defeated, they've totally lost it.

They think that they've discovered some strategy that might really be a good sign on them to be against the house. But in all reality, no one can go against the house.

All of those discoveries or features, yeah, they're already there and just later found out as they gambling seriously.

[Jemzx00]

For some time now I have seen in this section of the forum a not small percentage of gamblers who do not understand basic statistical concepts of mathematics applied to gambling, such as Return to Player or Expected Value. As a result, it is not surprising that every now and then we see someone who thinks he has found a good system to win casino games by applying some variant of the Martingale. This is despite the fact that these are not complicated concepts and the information is easily accessible to everyone, it is not like 30 years ago. I would say that at least 25% of the people who write in this section fall into this category.

Do you have the same perception as me?

I think a lot of whiny threads of people telling how they ended up losing a lot more than they expected would be minimised if people understood these basic concepts. Although knowing the theory doesn't guarantee it 100% because we sometimes get carried away by emotions.

I am sure that some of those who think they understand these concepts but in reality do not will comment on this thread .

I guess each strategy varies depending to each player or gambler and one doesn't really need to complicate things if a simple martingale strategy works on them. I too, mostly used martingale strategy throughout my time of gambling here as it is much more complicated to make some strategy that can only works on a short amount of time.

Most people here on the forum already know basic concepts and the system of each game but they would rather stick with the most common methods or probably don't want to share their complicated methods. About the threads showing up on the forum about how one method did not work is normal as emotions are there and they just want to express it and share it on the forum

[nurilham]

I would say that at least 25% of the people who write in this section fall into this category.

How do you know this?
Do you have your own research about this?  

Although knowing the theory doesn't guarantee it 100% because we sometimes get carried away by emotions.

Even if you know the theory and you can control your emotion perfectly, it never guarantees to win 100%.
You must understand the meaning of 'luck-based game', right? It simply tells us that no theory to guarantee winning. It is only about our luck, whether we have good luck or bad luck in the game.

I am sure that some of those who think they understand these concepts but in reality do not will comment on this thread .

Not sure what you mean.
People have their own reasons to comment or not.
 

[Doell]

Knowing the concept RTP also does not guarantee a 100% win, any gambling only depends on luck. I think also it's the same as poker, if you're not lucky you cards are always bad, even if you bluff by raising the bet, when your opponent has a good card, he will call and boom explode you lose  , but only crazy gamblers with hold a bad cards him raising the bet. Same also with sportsbook gambling, favorite team will not always 100% win.