The psychology of betting.....

[milewilda]

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.  

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.

A lot of my friends believe that it is better to spin the Slots manually, because "Auto spin" are rigged by the casinos... but that is also a myth. A lot of things come into play when a bet is made and it has nothing to do with the "auto bet" feature. (Client Seed / Server Seed & RNG and RTP ...)

Have you pressed the "bet" button, before the reels have stopped.. thinking that it will give you a favorable outcome on your bet? Well, I have news for you... the outcome has been decided in milliseconds after you pressed the button for the bet, the GUI interface happens long after that to display the outcome of the bet to you.   (Go into the developer mode of your browser to see this)

What patterns do you see and how much do you believe in it?

Well, if we do gamble then it would really be adding up in overall experience on which someone do really love on seeking for some patterns and molding up their own beliefs or even following into those
common approach which it isnt really that something shocking for most gamblers to do so. Well, i dont really see something like this because this do really add up some spice on the time
that you do really play. Somewhat if you do try to make something to happen or making it effective, then it would be an another story yet these things would really be creating that kind of desperation which is something that might be molding up some addiction later on or for how many sessions if you do really keep up this kind of behavior.

I did believe that dice have patterns. I kept doing it for years and even today once in a while I come back to try again whenever there is free money I earn from dividends.

I never won huge from those things although I just come back to spend the free EOS coins I earn. Maybe the psychology really affected me since lol Although sometimes I get tired of it and just cash out the coins from time to time.

I do have the same behavior on which i do make out some alternate switching from auto to manual betting on dice on which i do have those kind of hunches or feeling that it might increased
the winning odds but of course those are just really assumptions until results come and in the end of the day you would be losing your entire balance but of course there
are indeed days which you could really say that you are really that somewhat lucky.

[Kemarit]

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.  

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.

A lot of my friends believe that it is better to spin the Slots manually, because "Auto spin" are rigged by the casinos... but that is also a myth. A lot of things come into play when a bet is made and it has nothing to do with the "auto bet" feature. (Client Seed / Server Seed & RNG and RTP ...)

LOL, I do love the auto spin features though, the excited is the same as the manual spin. And for added intensity, I set the auto spin to be very quick. So when you hit the bonus real, it's feels good. So I do this whether online or offline games. And if I ever wanted to go back to manual spin and get tired or auto spin or at least the strategy is not successful, then it's just another button and then the game continues.

Have you pressed the "bet" button, before the reels have stopped.. thinking that it will give you a favorable outcome on your bet? Well, I have news for you... the outcome has been decided in milliseconds after you pressed the button for the bet, the GUI interface happens long after that to display the outcome of the bet to you.   (Go into the developer mode of your browser to see this)

I know, luck really play a important role in slot games, and there are no strategy that is going to work even when we thought that there is such pattern that we can make of every reel spin or even pressed. But still though, the psychology of slot machines is really playing on our gamblers emotions that we think we can beat the system if we see a patterns.

[aioc]

Have you pressed the "bet" button, before the reels have stopped.. thinking that it will give you a favorable outcome on your bet? Well, I have news for you... the outcome has been decided in milliseconds after you pressed the button for the bet, the GUI interface happens long after that to display the outcome of the bet to you.   (Go into the developer mode of your browser to see this)

What patterns do you see and how much do you believe in it?

When I'm playing luck-based games I never rely on patterns, it's like saying that you are a fan of Martingale but I prefer manual to auto most of the time I enjoy playing in manual mode because of the feeling of full control and enjoying every bet, in a luck based game you win if you are lucky to win.
When playing a luck-based game, do what you enjoy the most it will give you a good chance to win because you are positive, playing in a casino whether online or offline should be fun and enjoyable this should be your main goal.

[famososMuertos]

I think you mention tricks (OP) that are a part of the complex thought environment.

There are books on game theory in the same way there is documentation on the psychology of betting in general but specifically on poker there is very good documentation.

Now, in the case Slots, I honestly think it goes more to the simple aspect, as I said "tricks" or prejudice, so, they are honestly not relevant aspects psychology to betting.

In any case, although it is also true that if this is part of your routineto betting, and it does not affect your gambling finance, use them. In fact have fun thinking that if you play at a certain time of day day you will have more luck in a slot.

[rodskee]

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.  

this is what desperate gamblers wanted to tell themselves so at least
they will have reason to continue with their dreams that instead of gaining ? they are losing and that is the hard fact about gambling nowadays.

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.

if you are a friend of LUCK? of course this is possible as what I have tried before and what i've seen from some friends in gambling.

A lot of my friends believe that it is better to spin the Slots manually, because "Auto spin" are rigged by the casinos...

Hahaha, admit it mate as we once believe the same thing only to find out that we are fooling ourselves 

Have you pressed the "bet" button, before the reels have stopped.. thinking that it will give you a favor

again another laughing as I did many times before , as now I realized i am stupid to believe in lol.

What patterns do you see and how much do you believe in it?

Nowadays? there is only one pattern that I believe ,and that is to be a winner we must be lucky .

[Darker45]

I belong to a highly superstitious culture where gambling is also prevalent. Superstition and gambling shouldn't go together, but they seem to be deeply intertwined in my culture that things are getting both funny and unreasonable.

Patterns form part of this superstition. I sometimes bet on cockfighting. This brutal form of gambling is also deeply cultural. And this is also where bettors look for patterns everywhere including the color of the fighting cocks' feathers, the color of their legs, the phase of the moon, and so on.

At the end of the day, many go home bringing nothing. LOL!

[peter0425]

I belong to a highly superstitious culture where gambling is also prevalent. Superstition and gambling shouldn't go together, but they seem to be deeply intertwined in my culture that things are getting both funny and unreasonable.

do you live in a place where Gamblers even put Offering to the God believing this will bring them winning?
or they have those Amulet that believing it is for luck to be friendly with them?  I think I can fell you there mate haha.

Patterns form part of this superstition. I sometimes bet on cockfighting. This brutal form of gambling is also deeply cultural. And this is also where bettors look for patterns everywhere including the color of the fighting cocks' feathers, the color of their legs, the phase of the moon, and so on.

At the end of the day, many go home bringing nothing. LOL!

What I do believe in cockfighting is the breeding , or what they called the Bloodlines that in many Derby players is one big factor to see how much capacity that cock to win?

[Darker45]

I belong to a highly superstitious culture where gambling is also prevalent. Superstition and gambling shouldn't go together, but they seem to be deeply intertwined in my culture that things are getting both funny and unreasonable.

do you live in a place where Gamblers even put Offering to the God believing this will bring them winning?
or they have those Amulet that believing it is for luck to be friendly with them?   I think I can fell you there mate haha.

I'm not sure about offering to god, but I know that many are praying to win in gambling. Many are putting their lottery and raffle tickets on the altar, in between pages of the bible, underneath the figurines of saints, and so on. Amulet? There is probably also that kind used in gambling, but I have heard of stories that amulets shouldn't be brought inside gambling places like the cockpit arena because it will only bring you bad luck, or it won't actually have powers inside such places. Stories, you know.

Patterns form part of this superstition. I sometimes bet on cockfighting. This brutal form of gambling is also deeply cultural. And this is also where bettors look for patterns everywhere including the color of the fighting cocks' feathers, the color of their legs, the phase of the moon, and so on.

At the end of the day, many go home bringing nothing. LOL!

What I do believe in cockfighting is the breeding , or what they called the Bloodlines that in many Derby players is one big factor to see how much capacity that cock to win?

That's probably just one factor. There are many others including, and more importantly, the conditioning.

[Poker Player]

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.  

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.

A lot of my friends believe that it is better to spin the Slots manually, because "Auto spin" are rigged by the casinos... but that is also a myth...

What patterns do you see and how much do you believe in it?

When you learn the mathematics at the basis of gambling you realize that there are no patterns, but that patterns are constructions that we humans make when we try to see regularities in the observed phenomena. This happens not only in gambling but in life in general, and, for example, in trying to predict the price of Bitcoin. We look at past data, construct patterns based on it, and extrapolate it into the future expecting it to be so... until at some point in the future the data disproves our pattern.

Perhaps the only pattern I see that is not clearly defined but one that I can see in a generic way is playing poker. A person like me who has played millions of hands over many years, when I am winning extraordinarily above average for a while, I know that those extraordinarily positive results cannot last much longer, and conversely with negative results or bad streaks. But it is not something absolutely definite, nor is it based solely on intuition but on the mathematics of variance. You can use variance calculators to see how likely a bad streak is to last based on your winrate and number of hands played.

[ethereumhunter]

If we talk about the psychology of gambling, our subconscious will only think that using a lot of money can provide a chance to win more but that is not the case. We can lose more than we used a little money, which can trigger us to deposit more in hopes of recovering previous losses. So in this case, I don't see any patterns in gambling or maybe there really is because I never see it when I play gambling.

Maybe some people are trying to collect data from previous games and analyze it to find some pattern they can use to predict. Maybe it did happen like that but for luck-based gambling games, there might not be such a pattern because gambling games require luck from each gambler to win.

[Kakmakr]

Well, I been reading you too.

You also have some myth about the casino and other ~XD I think what you wrote in here are different with some conversation in the casino thread even you tell us the result has been decided, still playing and feel like a myth psych casino.

People are always believe in myth, that's just one of our psychology. Even my self sometimes belive it.

There is a difference between betting behavior and the psychology behind it and how operators manipulate the RTP of the casino. My observations about the casino that you mentioned are based on several people's experience and not just on my own opinion.

I form part of a gambling WhatsApp group that are constantly exchanging information on their gambling experience to find a "sweet spot" for times when a casino RTP are most favorable to wager or to simply play with the best outcome.

Example : We play at different times, but when someone is having a good betting experience.. he or she will share it via WhatsApp and the others will join... to test if this is just a favorable seed or if the RTP has been altered. (We had some success with this, so it's based on actual experience) 

[YuginKadoya]

The Psychology of betting does not really exist there is no right pattern in playing gambling but patterns only help us decide what we should do, I have played a lot of types of casino games but the key purpose was not to get rich but to be accommodated by the pattern of how would you play it, Well suggestion and recommendation are all correct not all technique will work for that certain person, and not all pattern will be effective for everyone, the key technique for me is a mindset and for you to not get addicted is the mindset to think that not all gambling type will make you rich, there are sure people getting rich and lucky about it, that is just bonus in playing, but don't expect that if you play that it will be eventually a game-changing for them,

Casino -  All casino's are random you just need to have a mindset that all Casino platforms can not make you rich and lessen the budget you are using in playing it, and a mindset in playing it to be fun,

Sportsbet - Sportsbets are easier to predict if you got certain knowledge about the kind of game, teams, players, fighters, and so on, you can accumulate more wins however all bets will be a great win there are times that it will still be base on luck,

[len01]

pressing the bet button before the reels stop, I always do that every time I play a slot game and I try to stop without doing that like feeling dissatisfied. maybe I'm addicted to psychological habits  

every gambler always has psychological habits like that which make gamblers feel satisfied doing those things. maybe it's true that some thoughts like that are a myth, but there are still many gamblers who do it for satisfaction in every betting session.

[knowngunman]

Sportsbet - Sportsbets are easier to predict if you got certain knowledge about the kind of game, teams, players, fighters, and so on, you can accumulate more wins however all bets will be a great win there are times that it will still be base on luck,

I'm always on the belief that gambling in its entirety is absolutely on luck and little skills and experience. Patterns do not always work either while unplanned decisions sometimes work out. Sports betting can be easy to predict per say but for the prediction to come through is mysterious. However, one should not even have a thought of becoming rich by gambling. It's never an investment that one should expect a return and having high hopes on it will cause mental discomfort.

[bitbollo]

the psychological aspect in betting is fundamental.
I would dare to define it as the basis of casinos. After all, if you think about it, we all know that...the more you play, the more you will lose and the chances of winning the "big jackpot" are close to zero and yet....
always on the same subject, some casinos have introduced the possibility of pressing the stop on a roulette wheel while it is spinning because it actually "gives the idea of having control over what is happening". Of course it doesn't change anything, the result is predetermined, but this deludes the user into having "control" over what's going on.

[xSkylarx]

We do have our own strategies or pre game rituals that we though it can boost our luck like the auto spin in slots which i do agree and i dont really use auto spin and that is my preference and also I've enjoy hitting the button though. It doesn't matter if it is just a myth or we do have bases on it as long as we just thought that it makes us lucky then give us a go. I dont have really strategies in gambling , i just stick on playing it for entertainment though but for lottery i do have like calculation and etc.

[danherbias07]

Honestly, I also bet manually as I believe there are also patterns. I like losing 5 bets for example and then I will double the amount of my bet for the next 3. But that's only for Dice and not Slots. Somehow it is successful but it's difficult to win bigger amounts as it gets frustrating sometimes and you just want to bet higher.
About the betting high amount for a higher chance to win? I have a different belief about that. The higher your bet is, the lower the chance for it to win.
I tested it with dice too. Whenever I bet 10x larger after the 5 consecutive losses in a small amount, it's still always a lost round. I even did twice 10x and it's still a loss.
You are correct, there are really no patterns but some gamblers keep on going because they believe it exists. Take out that belief from them and they might find another game.

[Ziskinberg]

The Psychology of betting does not really exist there is no right pattern in playing gambling but patterns only help us decide what we should do, I have played a lot of types of casino games but the key purpose was not to get rich but to be accommodated by the pattern of how would you play it, Well suggestion and recommendation are all correct not all technique will work for that certain person, and not all pattern will be effective for everyone, the key technique for me is a mindset and for you to not get addicted is the mindset to think that not all gambling type will make you rich, there are sure people getting rich and lucky about it, that is just bonus in playing, but don't expect that if you play that it will be eventually a game-changing for them,

Casino -  All casino's are random you just need to have a mindset that all Casino platforms can not make you rich and lessen the budget you are using in playing it, and a mindset in playing it to be fun,

Sportsbet - Sportsbets are easier to predict if you got certain knowledge about the kind of game, teams, players, fighters, and so on, you can accumulate more wins however all bets will be a great win there are times that it will still be base on luck,

Right! Because if there's really a pattern about betting and it works with everyone else then I don't think we will have dozens of online/offline casinos emerging everywhere in the world. No such billionaires will dive in into that kind of business because their profits are already not guaranteed, and they don't have what we call house edge. But that wasn't really the case, psychology betting is just how we would like to believe things and not really to improve our chances against the bookies or casinos.

For me, it's just a charm for us to help us be confident on our bets because we believe on such things. And talking about the types of betting, I'm a sports betting type of person because that's where my chances are average compared to luck-based games.

[Webetcoins]

I also know a lot of people who think that the auto spin thing is real and they can actually get better results if they spin it manually instead of putting it on auto mode which is obviously a myth but people won't believe it. I've also heard people saying that betting higher increases your chances of winning which as you said is wrong and it only increases your winnings and not the chances of winning.

I personally don't see any patterns, I do believe in stuff like when you are losing consecutively, you better stop for a while and restart your session after some time so that you mind is relaxed and you might gain some luck by then.

[Agbe]

Mate I agreed with some of your sayings and disagreed with some. In the psychology of betting, every gambler has their ways of thinking and methods of betting. That is why a bet that favour one gambler does not favour another gambler. Gambling methods are different from each other. And also the prediction we made have never come in tally with one another. I agreed with you on the second paragraph. Really people are saying that the bigger you bet the bigger you win and that has led many gamblers to loss money. That is a fantasy story. There are some gamblers that use a small amount of money and still win big. So one can win big with any amount of stake.