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Author Topic: The psychology of betting.....  (Read 1071 times)
karimstolen
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June 27, 2023, 09:58:23 AM
Last edit: June 30, 2023, 12:16:04 PM by karimstolen
 #181

You've hit the nail on the head with your insights into human psychology and gambling. Sometimes we indeed start something just for a bit of fun or to fill our free time, but it can quickly escalate without us even realizing it. Before we know it, we've crossed a point of no return.
Gambling can become a slippery slope. What begins as a short-term amusement can easily turn into a long-lasting hobby, driven by the hope of a big win. It's easy to lose track of time and get lost in the excitement. And once addiction creeps in, it becomes incredibly challenging to regain control.
By the way, I came across an article that sheds light on why wagering requirements aren't all that bad. It's an interesting read, so check it out at https://pantheonuk.org/the-bane-of-players-existence-3-reasons-why-wagering-requirements-arent-all-that-bad/.
Thanks for sharing your thoughts, SirLancelot. It's crucial to raise awareness and have open discussions about the psychology of gambling.
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June 27, 2023, 10:16:33 AM
 #182

You've hit the nail on the head with your insights into human psychology and gambling. Sometimes we indeed start something just for a bit of fun or to fill our free time, but it can quickly escalate without us even realizing it. Before we know it, we've crossed a point of no return.

I think that most of us if not all of us start gambling not to have some fun but because we see other people having hit it big and nowadays with youtube and other streaming service this is easy to see,just a gambling add and someone may go and see how one guy won that huge win.He then goes and register in that casino trying to repeat the success that he saw in the video and then most likely most of us are in the point of no return which is right,but the beginning is because everybody is wanting to have something more financially speaking.

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Doan9269
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June 27, 2023, 10:33:22 AM
 #183

You've hit the nail on the head with your insights into human psychology and gambling. Sometimes we indeed start something just for a bit of fun or to fill our free time, but it can quickly escalate without us even realizing it. Before we know it, we've crossed a point of no return.

That's true, gambling is something that we only kow the beginning and yet the end results becomes a mystery to us as it remains unpredictable, gambling is better not to have started it than if started and we are  trying to stop it, there's a conscious and unconscious psychology in gambling where we try to always finds a means to bet even when we are not in the best position for that, we don't have the consciousness of doing this psychologically until we begin to see it consequences manifesting because it comes to our attention how far we've gone in betting while gambling.
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June 27, 2023, 11:46:51 AM
 #184

The same thing happens when we start gambling, we don't want to get addicted or gamble for addiction, and most of us might just gamble for fun initially, but as we get deeper into it, we start increasing our stakes, the money that we spend later will be way higher than what we have started with, and slowly, we get addicted to gambling.

Someone who has started gambling even though it is on a trial basis means that he has agreed with himself that he will not mind if one day the feeling of addiction comes over him. The self-control factor will not have much effect when someone is already addicted. The finances in his life will definitely fall apart and if someone is in this position, they will never feel a calm psychology.
Addiction or addiction from gambling is one of the risks someone starts to gamble and no one can avoid gambling if they are still in the scope of gambling.
But gambling addiction is not too dangerous if we can have financial self-control and also always be responsible for all actions taken in gambling.

Excessive curiosity always arises in the mind of a gambler and the thing that can limit curiosity is being able to accept every defeat and also stop when the time comes and come back after some time so that the emotions that arise don't control themselves.

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June 27, 2023, 12:32:50 PM
 #185

You've hit the nail on the head with your insights into human psychology and gambling. Sometimes we indeed start something just for a bit of fun or to fill our free time, but it can quickly escalate without us even realizing it. Before we know it, we've crossed a point of no return.
It all depends on the mindset if the mindset is gambling to get money and thinking about losing money, of course it will be difficult to return, but if the mindset is just to have fun there is no problem and of course don't think about going back, after all you can't play back time when you have entered play gambling then go ahead as long as it's just for fun.

Have fun as a basic mindset so you don't regret too much every defeat you get so you can control the game so it's not too serious and too deep to chase losses that can't possibly be recovered, everything must be enjoyed as long as we enjoy the game and make us happy in our free time . no problem.

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June 27, 2023, 12:43:07 PM
 #186

You've hit the nail on the head with your insights into human psychology and gambling. Sometimes we indeed start something just for a bit of fun or to fill our free time, but it can quickly escalate without us even realizing it. Before we know it, we've crossed a point of no return.
As long as you can control yourself in doing it, you won't use it for too long because you remember there is still something you need to do besides that. But the tendency is that if someone gets too comfortable with something, he might stop longer than before. And curiosity will make him continue to get something that can satisfy him. But once he's got something and quits, he'll return another day and try to get more. That happens a lot so it makes many people slowly turn into gambling addiction.

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June 28, 2023, 09:58:59 PM
 #187

-snip-
If you have set 30 usdt to gamble and then lose and deposit some more money then it is a mistake not your responsibility because you cannot be sure that the money you have deposited can generate a certain amount of money because in gambling what will definitely come is defeat.
A family member can still gamble if he can control his finances so that what should be for the family is not lost in gambling.
A gambler must always have a sense of responsibility in making every decision so that what he does still has limits and is not too careless because gambling can spend any amount of money in just a short time.
If I give 30usd as an example , it is to give an idea of what is coming and how a balance can be managed within the casino , I think that the person who enters 30usd in a casino has to know that those 30usd are totally willing to lose them, but they are in the player to see how he manages that money , if he wants to make some bets with 1 or 2 usd , or if he bets more , that is already a matter of seeing how it is done or how he Wants to bet If the player takes those 30usd to 45 or more usd , it is already a profit , one should not think that in a short time he will take those 30usd to 300 , 3000 usd , I consider that this Requires a lot of time and Patience.


In a casino the balance cannot be managed properly because many unexpected things can happen so that to be able to make better financial decisions will be very difficult to do.
For example, if there is a very large chance of winning plus Odds that can be owned properly, even then a gambler's stance will falter and be tempted to take bets with larger amounts so that to be able to minimize financial management will fail.
You should be able to understand this kind of thing because a gambler's emotional level is always high and cannot be controlled easily when there is an opportunity in sight.
Sometimes the bets make us dream and hope to continue playing to win, there are many who say that sometimes when we are going to retire from a game it is when more opportunities are the ones that sometimes influence our Psychology, and it always remains in the Player's mind, what would have happened if I had done this or that? and these are sometimes the questions that make you play on pure impulse, and that's when you lose the most, Maybe it works for some to play like this, but I think that everything that is done with impulse is not always done under a scheme of irresponsibility, because the consequences are not measured.

Usually when we play we have a very high self-esteem, this is Natural to feel like winners , I think we have all felt it , but you have to have self-control so as not to Exceed that luck.

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June 28, 2023, 11:45:40 PM
 #188

-snip-
If you have set 30 usdt to gamble and then lose and deposit some more money then it is a mistake not your responsibility because you cannot be sure that the money you have deposited can generate a certain amount of money because in gambling what will definitely come is defeat.
A family member can still gamble if he can control his finances so that what should be for the family is not lost in gambling.
A gambler must always have a sense of responsibility in making every decision so that what he does still has limits and is not too careless because gambling can spend any amount of money in just a short time.
If I give 30usd as an example , it is to give an idea of what is coming and how a balance can be managed within the casino , I think that the person who enters 30usd in a casino has to know that those 30usd are totally willing to lose them, but they are in the player to see how he manages that money , if he wants to make some bets with 1 or 2 usd , or if he bets more , that is already a matter of seeing how it is done or how he Wants to bet If the player takes those 30usd to 45 or more usd , it is already a profit , one should not think that in a short time he will take those 30usd to 300 , 3000 usd , I consider that this Requires a lot of time and Patience.


In a casino the balance cannot be managed properly because many unexpected things can happen so that to be able to make better financial decisions will be very difficult to do.
For example, if there is a very large chance of winning plus Odds that can be owned properly, even then a gambler's stance will falter and be tempted to take bets with larger amounts so that to be able to minimize financial management will fail.
You should be able to understand this kind of thing because a gambler's emotional level is always high and cannot be controlled easily when there is an opportunity in sight.
Sometimes the bets make us dream and hope to continue playing to win, there are many who say that sometimes when we are going to retire from a game it is when more opportunities are the ones that sometimes influence our Psychology, and it always remains in the Player's mind, what would have happened if I had done this or that? and these are sometimes the questions that make you play on pure impulse, and that's when you lose the most, Maybe it works for some to play like this, but I think that everything that is done with impulse is not always done under a scheme of irresponsibility, because the consequences are not measured.

Usually when we play we have a very high self-esteem, this is Natural to feel like winners , I think we have all felt it , but you have to have self-control so as not to Exceed that luck.


....If you do have lots of what if's in your mind
.... If you do have those kind of different impulsive emotions and thoughts
.... If you do assume that you could be neither winner or loser on that day

Then most likely you would really be making different variations when it comes to decisions that you would be making on a particular session because know that not all the days we are really that in right mood
and thinking on which there are really indeed times which we do have those kind of decisions and sticking on what we do like or interested into.
Important thing on here is that gambling should really be for fun, spend in moderation so that you wouldnt really be able to create problems in the future.

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June 29, 2023, 12:29:43 AM
 #189

As humans, we are conditioned to look for patterns in life and we gamblers try to make predictions based on what we see, while we are gambling. The reality is that these patterns does not exist, but we like to pretend that they do because it helps us to bring order to the chaos that are gambling.  Roll Eyes

Some people seem to think that your bet size will increase your chances to win, but that is simply a myth. The reality is that it simply means your payouts will be bigger when you do win.

I believe this is all about faith!

We gamblers need to believe that there is some meaning to gambling, something that needs to be done to improve profits or simply cut losses. We need to believe that it is possible to "master" games or understand how they work.

The same thing I see happening in lottery betting... there are several techniques to try to predict the numbers that will be drawn based on the last results obtained, however the mathematical reality is that the probabilities are exactly the same regardless of what happened in previous games .

We need to believe that there is a pattern to betting, and that's what makes things more interesting.

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len01
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June 29, 2023, 07:42:28 AM
 #190

You've hit the nail on the head with your insights into human psychology and gambling. Sometimes we indeed start something just for a bit of fun or to fill our free time, but it can quickly escalate without us even realizing it. Before we know it, we've crossed a point of no return.
As long as you can control yourself in doing it, you won't use it for too long because you remember there is still something you need to do besides that. But the tendency is that if someone gets too comfortable with something, he might stop longer than before. And curiosity will make him continue to get something that can satisfy him. But once he's got something and quits, he'll return another day and try to get more. That happens a lot so it makes many people slowly turn into gambling addiction.
and after that someone who is addicted will have a hard time getting out of his addiction and needs serious help to be able to get rid of his addiction, right?
in this case there is always a thought of dependence or addiction in the sense that someone who continues to go to gambling with the thought of producing or pursuing something that makes himself always present at gambling will definitely be psychologically disturbed as you say. so that someone who is comfortable in gambling with something fixated on their mind will definitely find it difficult to leave gambling and even though they can stop but in the future it will come because that mindset will always be in their mind unless they have help to have a healthy lifestyle without betting addiction.

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slapper
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June 29, 2023, 06:00:15 PM
 #191

You've hit the nail on the head with your insights into human psychology and gambling. Sometimes we indeed start something just for a bit of fun or to fill our free time, but it can quickly escalate without us even realizing it. Before we know it, we've crossed a point of no return.
As long as you can control yourself in doing it, you won't use it for too long because you remember there is still something you need to do besides that. But the tendency is that if someone gets too comfortable with something, he might stop longer than before. And curiosity will make him continue to get something that can satisfy him. But once he's got something and quits, he'll return another day and try to get more. That happens a lot so it makes many people slowly turn into gambling addiction.
and after that someone who is addicted will have a hard time getting out of his addiction and needs serious help to be able to get rid of his addiction, right?
in this case there is always a thought of dependence or addiction in the sense that someone who continues to go to gambling with the thought of producing or pursuing something that makes himself always present at gambling will definitely be psychologically disturbed as you say. so that someone who is comfortable in gambling with something fixated on their mind will definitely find it difficult to leave gambling and even though they can stop but in the future it will come because that mindset will always be in their mind unless they have help to have a healthy lifestyle without betting addiction.
Your insights on the uphill battle against addiction indeed hit the mark. Appreciate that addiction, a formidable brain disease, alters mind functioning, not just a simple failure of will. Quitting a habit, like gambling, isn't merely about deciding to stop.

Consider the "gambler's fallacy," a cognitive distortion amongst gamblers believing past events influence future outcomes. This delusion fuels the gambling cycle, despite recurring losses.

Treatment for such addiction needs a comprehensive approach - addressing distorted thinking, fostering lifestyle alterations, beyond simply stopping gambling.

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cabron
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June 29, 2023, 06:25:01 PM
 #192

As humans, we are conditioned to look for patterns in life and we gamblers try to make predictions based on what we see, while we are gambling. The reality is that these patterns does not exist, but we like to pretend that they do because it helps us to bring order to the chaos that are gambling.  Roll Eyes

Some people seem to think that your bet size will increase your chances to win, but that is simply a myth. The reality is that it simply means your payouts will be bigger when you do win.

I believe this is all about faith!

We gamblers need to believe that there is some meaning to gambling, something that needs to be done to improve profits or simply cut losses. We need to believe that it is possible to "master" games or understand how they work.

The same thing I see happening in lottery betting... there are several techniques to try to predict the numbers that will be drawn based on the last results obtained, however the mathematical reality is that the probabilities are exactly the same regardless of what happened in previous games .

We need to believe that there is a pattern to betting, and that's what makes things more interesting.

I think the reason why dice game is very popular is that some gamblers find patterns in them. Call it faith but it's just what it is, people look for some pattern and there are strategies created for it like that martingale which at some point gamblers believe they will win in the end.

Just like in the lottery, some gamblers are also saying their number will come up soon because it's DUE to come and they have a lucky charm on their side while they bet. Its happening. Maybe in your younger days, you also believe it.




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