The psychology of betting.....

[Fivestar4everMVP]

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.

Yeah, one can indeed, win big with any amount of stake, but understand that winning big with a small amount of money simply means that, the odds of the game has to be very big, and you and I know that the higher the odds, the more risky the bet is, that is, the higher your chances of losing your money.

This is exactly what happens with multi bets, that is having multiple bets on one slip, depending on how many the game is and their respective odds, the final odds grows high which give one a chance of winning really big amount of money even with a very little amount at stake, but then also, the chances of losing the bet is also very high.

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[lizarder]

Depending on gambling in the first place is never a good thing. Betting some would be fine as long as you can bear losing. No matter what game you engage yourself with, whether cardgame, dice game, sportsbetting and such; winning won't be certain. So choose what would give you enjoyment atleast, 'coz that would make your bets more worthy. What makes gambling bad in the first place is gambler's assumption of getting rich in an instant. This is more likely because of stories wherein players have earned huge reward from playing, without considering how much that player have lost during the 'run'. Everything would be based from luck or one's fate.

No one is immune from gambling as long as they have a hobby in sports, but to what extent can people be responsible for the gambling decisions they choose? This is what you have to avoid, namely the mindset of getting rich quick without working smart at all like the fairy tales that we often hear behind the success of people at gambling. More precisely people can't avoid gambling if they don't want to, there is one piece of advice that I often hear "Habit will lead you to addiction".

Therefore avoid irresponsible gambling, gamble only when you can afford to lose money and avoid interpreting gambling very close to wealth. In fact, getting rich does not happen because relying solely on luck and engaging in gambling using small amounts of money will not make people richer either.

[Casdinyard]

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?

Gambler's Fallacy basically. Our pattern-loving brains making a fool out of us and making us believe that just because a particular outcome hasn't happened in a while, would equate to meaning it would happen soon, which is just wrong and is a fool's way of thinking in my opinion.

As for your friends' being iffy with the auto-spin feature of the slots they play. That's a little stupid too as you put it lmao. If the casino could rig their machines to favor them when a gambler uses auto-spin, what makes them safe from getting ripped off by the casino with the manual spin as well? And for that matter why are they playing in a casino that they do not trust?

As for me, I often fall victim to gambler's fallacy, especially back in the days when I don't know better. I used to gamble a lot on dice and hi-lo, as well as slots, which are very prone to this type of Fallacy. I crank the lever, lose, and say to myself that "since the jackpot's not come this turn, maybe in the next couple of spins I'd get it" only to be disappointed over and over again.

[Oilacris]

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?

Gambler's Fallacy basically. Our pattern-loving brains making a fool out of us and making us believe that just because a particular outcome hasn't happened in a while, would equate to meaning it would happen soon, which is just wrong and is a fool's way of thinking in my opinion.

As for your friends' being iffy with the auto-spin feature of the slots they play. That's a little stupid too as you put it lmao. If the casino could rig their machines to favor them when a gambler uses auto-spin, what makes them safe from getting ripped off by the casino with the manual spin as well? And for that matter why are they playing in a casino that they do not trust?

As for me, I often fall victim to gambler's fallacy, especially back in the days when I don't know better. I used to gamble a lot on dice and hi-lo, as well as slots, which are very prone to this type of Fallacy. I crank the lever, lose, and say to myself that "since the jackpot's not come this turn, maybe in the next couple of spins I'd get it" only to be disappointed over and over again.

Actually it does really add up that kind of thrill and vibe which we do really want to experience on the time that we do gamble. We do play gambling for fun and entertainment and there's no enjoyment
on the time that you do make out bets but you are just putting up your bets without having no emotion or  doesnt really think off for some strategy or somewhat correlated to this which
it do really remove out that general essence on whats the real purpose of gambling in the first place.Of course we do really like to win up and this is where we do think up on testing some strategies
which it would really be just a normal approach. Some are already that knowing that it is really not that something that could work because gambling is totally random
and you cant really be that lucky as always so its a normal approach and normal dealing where you would be testing out countless strategies until you would see that one of them do work and
that what makes you happy. 

[livingfree]

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.

It's totally a myth.

We're just having that feeling that we thought that something is wrong because we have put it on auto and what an another coincidence if we did it manually and the results are perfect and good for us.

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.

That's another myth and wants other to have that YOLO mentally. Because whether you bet high or low, the chance doesn't change but the risk you take is still the same.

[worle1bm]

I only have betting strategies and using martingale strategy at times after I knew it is very risky.

Most of my strategies is about how to risk little and lose little or to gain little, not even martingale that can go wrong at times and lead to big loss.

Betting should be fun, when using just little amount of money, not going beyond the budget set for it and if I noticed that I am winning as I am gambling, not that I am losing all the time which can make me suspect something wrong going on. I do not think there are superstitious ways to win casino games.

For me personally I don't prefer Martingale strategy at all because you are at risk of losing more with it but don't know how some players find it good because they want to win no matter how much they wager.I am also of the opinion that you place small bets and even if you have decent win not too big that's really good for you giving you joy instead of losing more in high hopes.

[adzino]

We all look for those patterns, even though such "patterns" don't really exists. It's just a human nature and a way of giving them a "hope" when they start losing. And yeah, people do think that if they bet more, they will eventually win, or if they are in a huge red streak, the next bet will more likely be a winning bet, the autospin feature is rigged (might be.. who knows...) or if you bet high, you start losing. But most of these aren't true and its all in peoples head. Everything depends on the RTP and the randomness of the result.
Yeah, I do used to hit the bet button and try to stop the wheel at the perfect combination, even though I did know that all the results are determined as soon as you hit the spin button and the spinning slots are just animations.

[slapper]

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?

Gambler's Fallacy basically. Our pattern-loving brains making a fool out of us and making us believe that just because a particular outcome hasn't happened in a while, would equate to meaning it would happen soon, which is just wrong and is a fool's way of thinking in my opinion.

As for your friends' being iffy with the auto-spin feature of the slots they play. That's a little stupid too as you put it lmao. If the casino could rig their machines to favor them when a gambler uses auto-spin, what makes them safe from getting ripped off by the casino with the manual spin as well? And for that matter why are they playing in a casino that they do not trust?

As for me, I often fall victim to gambler's fallacy, especially back in the days when I don't know better. I used to gamble a lot on dice and hi-lo, as well as slots, which are very prone to this type of Fallacy. I crank the lever, lose, and say to myself that "since the jackpot's not come this turn, maybe in the next couple of spins I'd get it" only to be disappointed over and over again.

Actually it does really add up that kind of thrill and vibe which we do really want to experience on the time that we do gamble. We do play gambling for fun and entertainment and there's no enjoyment
on the time that you do make out bets but you are just putting up your bets without having no emotion or  doesnt really think off for some strategy or somewhat correlated to this which
it do really remove out that general essence on whats the real purpose of gambling in the first place.Of course we do really like to win up and this is where we do think up on testing some strategies
which it would really be just a normal approach. Some are already that knowing that it is really not that something that could work because gambling is totally random
and you cant really be that lucky as always so its a normal approach and normal dealing where you would be testing out countless strategies until you would see that one of them do work and
that what makes you happy. 

Gambling? It's like a tremendous, mysterious chocolate box, folks. You never know, but with strategy, you can boost your chances of sweet victory, or a winning streak, bigly. Think of it as chess, predicting opponents' moves. But there's a twist, a blend of luck and tactics. Imagine Mario Kart and Scrabble had an incredible, unpredictable offspring! Feeling lucky? Go ahead, toss those dice, whirl the wheel, or unveil the card. Who knows? You might strike gold, and etch your name in gambling history. Believe me!

[darewaller]

I mean, I'm pretty sure deep down that most people believe that the "patterns" they found in gambling are just absolutely random bs that they use to increase their confidence in actually winning. Plus, it also serves as an additional reason to blame when you lose, like oh it's because this tip I got to do x thing while doing y thing was just a fake kind of idea.

But anyway, on the topic of patterns, dumb as it is, it's usually a pattern of win streaks/lose streaks for me. It's like I always have that dumb ass mindset that after some random number of losses (which I get from who knows where at the time really) I'd make a comeback, so I keep playing the same game. This only happens on games I really enjoy though, so it's not that bad.

If they think it's BS they will never use or believe on it. Not all patterns are found randomly but a gambler can record his gambling activity to have an accurate pattern. They will then use it and expect the same outcome will come out as the past. There are times that they will win again but it does not mean their patterns are working fine. They win because they only got lucky.

To have a confidence in gambling is important because you know what actions you will be doing and you will never regret and say that you should choose the other one that's on your mind earlier but confidence can come in within our own self. No need to fake it by using patterns.

[len01]

Gambling? It's like a tremendous, mysterious chocolate box, folks. You never know, but with strategy, you can boost your chances of sweet victory, or a winning streak, bigly. Think of it as chess, predicting opponents' moves. But there's a twist, a blend of luck and tactics. Imagine Mario Kart and Scrabble had an incredible, unpredictable offspring! Feeling lucky? Go ahead, toss those dice, whirl the wheel, or unveil the card. Who knows? You might strike gold, and etch your name in gambling history. Believe me!

like looking for a golden needle in a huge haystack. as long as we continue to search carefully and thoroughly like gambling, we will definitely find that luck.
but here the problem is that sometimes every gambler has a slightly strange psychological habit in every bet they make, such as using patterns in slot games and pressing the bet button before the reels stop. this is a psychological habit that gamblers may become addicted to because this habit seems like something comfortable to do.

[Hypnosis00]

We all look for those patterns, even though such "patterns" don't really exists. It's just a human nature and a way of giving them a "hope" when they start losing. And yeah, people do think that if they bet more, they will eventually win, or if they are in a huge red streak, the next bet will more likely be a winning bet, the autospin feature is rigged (might be.. who knows...) or if you bet high, you start losing. But most of these aren't true and its all in peoples head. Everything depends on the RTP and the randomness of the result.

Because we think that the casino is using patterns as well. Some people recall the results and spend time analyzing them until they come to the point that there is a pattern being applied and they try to use it in actual gambling. However, the results seem too far from what we expect and it comes to my mind that whatever we do -strategies and patterns, this won't increase our chance of winning. The thing that could help us is to have luck, nothing else. Yet, that was too hard to get as it comes unexpectedly as well.

[molsewid]

Because we think that the casino is using patterns as well. Some people recall the results and spend time analyzing them until they come to the point that there is a pattern being applied and they try to use it in actual gambling. However, the results seem too far from what we expect and it comes to my mind that whatever we do -strategies and patterns, this won't increase our chance of winning. The thing that could help us is to have luck, nothing else. Yet, that was too hard to get as it comes unexpectedly as well.

I agree, it may seems that our strategy can be useful sometimes and we will use that thing for so long even though it is not helpful anymore and that could be bad because we will deny that our trick is no longer useful , we should trust our luck and just enjoy the game. I may agree that at some point all our strategies will be useful but it will end eventually.

[jostorres]

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!

Are you serious? Do people bet on cocks based on the colors of their feet and feathers instead of their fighting abilities?  That's hilarious, no wonder why they go home with nothing at the end of the day. Superstition should never be taken seriously when it comes to gambling because it's purely a game of luck and none of these things have anything to do with winning or losing.

People who look at patterns and believe they might have an influence on their games and luck are basically living in a world full of dreams and are not able to see things practically. Nothing other than luck can make you win in gambling unless the game is skill-based.

[noormcs5]

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!

Are you serious? Do people bet on cocks based on the colors of their feet and feathers instead of their fighting abilities?  That's hilarious, no wonder why they go home with nothing at the end of the day. Superstition should never be taken seriously when it comes to gambling because it's purely a game of luck and none of these things have anything to do with winning or losing.

People who look at patterns and believe they might have an influence on their games and luck are basically living in a world full of dreams and are not able to see things practically. Nothing other than luck can make you win in gambling unless the game is skill-based.

There is no cure for Superstitions. People believe in something which makes no logical sense but still, they will feel comfortable betting based on their Superstitions beliefs. Sometimes they will win the bets and this will make their Superstition belief more strong.
Such people will never listen to you if you say that they are emotional and these Superstitions do not make any difference in the result of the game. I would suggest leaving those people to their beliefs as they are happy with what they are doing, meaning not make fun of them or spend time proving them wrong.

[AicecreaME]

I don't see a pattern in playing gambling and just press the "bet" or "Spin" button and then submit to the results that will come out.
If I just pay attention or make a pattern, I'm afraid I won't be able to enjoy gambling itself and will only waste my time gambling.
But I guess some gamblers do it because they have their own reasons and we can't blame them because it's their choice.
I also often hit the "Auto 50x, 100x, or other" button and just sit back, enjoy my coffee, and watch the results.
Whether the pattern exists or is just our imagination, our job is only to enjoy gambling as a temporary pleasure and when it's all over, we have to stop.

Well, you have a point. It's much better to play without worrying about anything because if you are thinking so much, you'll lose the fun. Overthinking can cause anxiety and some people don't really have the mental headspace to even deal with such. Hence, there are people existing like you who don't give a damn about strategies or techniques because you're just after the entertainment, not profit.

Personally, I think it's much better to have a strategy in playing to somehow increase the probability of winning. I'm the type of person that when I gamble, which I rarely do, I'm after the combination of fun and profit. I can spare some change and not expect anything in return, but I can't risk so much without assurance I will take and make some because after all, earning money is a challenge nowadays. But it's good for people like you that you have nothing to ponder on because all you want is to have a good time and it's just a bonus if you will win. Just still be reminded that do everything in moderation.

[Fesatmas]

I don't see a pattern in playing gambling and just press the "bet" or "Spin" button and then submit to the results that will come out.
If I just pay attention or make a pattern, I'm afraid I won't be able to enjoy gambling itself and will only waste my time gambling.
But I guess some gamblers do it because they have their own reasons and we can't blame them because it's their choice.
I also often hit the "Auto 50x, 100x, or other" button and just sit back, enjoy my coffee, and watch the results.
Whether the pattern exists or is just our imagination, our job is only to enjoy gambling as a temporary pleasure and when it's all over, we have to stop.

If you notice that you have a pattern that you get personally it is more fun in gambling, everything is systematic and has the assumption that success is greater even though it is not certain, but if what we do is considered a pattern in gambling and we do it and have luck when using it makes us feel more comfortable and happier, i am long enough in gambling i understand that pattern is bullshit but it gives better psychology in the gambling we do.

If it were me, do like what you do it, this feels dry gaming experience and uninteresting, just watching the rounds go by without having anything to rely on in gambling to make it more fun.

[Saint-loup]

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!

Are you serious? Do people bet on cocks based on the colors of their feet and feathers instead of their fighting abilities?   That's hilarious, no wonder why they go home with nothing at the end of the day. Superstition should never be taken seriously when it comes to gambling because it's purely a game of luck and none of these things have anything to do with winning or losing.

People who look at patterns and believe they might have an influence on their games and luck are basically living in a world full of dreams and are not able to see things practically. Nothing other than luck can make you win in gambling unless the game is skill-based.

I have only seen one time cock fighting because it's forbidden in my country except in few overseas areas but I don't think it's stupid to care about the color of their feathers or the color of their legs because there could be a correlation with their ability to win fights. Statistics must be monitored before claiming it's right or wrong IMO. I agree with you about the phase of the moon, because the moon is the same for all cocks, but any individual characteristics have to be taken into account, and can lead to a better Profit and Loss. I guess performance-enhancing/doping drugs are given by some owners and it's an important thing to know though.

[wiss19]

Gambling? It's like a tremendous, mysterious chocolate box, folks. You never know, but with strategy, you can boost your chances of sweet victory, or a winning streak, bigly. Think of it as chess, predicting opponents' moves. But there's a twist, a blend of luck and tactics. Imagine Mario Kart and Scrabble had an incredible, unpredictable offspring! Feeling lucky? Go ahead, toss those dice, whirl the wheel, or unveil the card. Who knows? You might strike gold, and etch your name in gambling history. Believe me!

like looking for a golden needle in a huge haystack. as long as we continue to search carefully and thoroughly like gambling, we will definitely find that luck.
but here the problem is that sometimes every gambler has a slightly strange psychological habit in every bet they make, such as using patterns in slot games and pressing the bet button before the reels stop. this is a psychological habit that gamblers may become addicted to because this habit seems like something comfortable to do.

Superstition shouldn't be brought into gambling in my opinion as that probably makes someone lose even more. Luck doesn't go a particular way that a person might think or believe in but it just happens when it has to, so having this kind of mindset where one thinks they might get a big win if they stop the machine before its usual time, etc. will not do any good at all.

One should think realistically and behave that way too in gambling or even anything in life so that one can easily accept and digest whatever happens. It becomes more difficult to accept losses for people who are superstitious.

[AmoreJaz]

No concrete logic on the slots, it is matter of luck to hit big multipliers. Sometimes it takes over 1000 spins to hit bonus feature but it doesn't pay even 10% of losses back, unfortunately. Maybe your friend had bad luck with auto spins so it makes sense why he hates auto spin and prefer to spin slots manually. I don't believe in patterns in gambling, it can be good idea in crypto market but not on gambling.

we should always remember that this is luck-based game, so yeah, auto spin or manual spin, it doesn't matter. you are just psychologically setting-up your minds when you do the manual spin. or better yet, you have the chance to skip some rolls and go to another one just like in any other game of chance.
if all the known strategies like martingale or d'alembert or any other strategy really works in long-term, i bet, a lot of players are already rich from these known strategies. and yet, no matter how they use it, they are still on the losing side if they don't stop playing. that means, the strategy may work for quite some time but the magic disappears in the longer run.

[serjent05]

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.

It's totally a myth.

I second this stance.  I have been playing in a gambling casino for years now and no matter what approach I do, it don't change the result of a game of chance gambling game.  All the result is random according to the script that is present in the system.  I tried slow spin, auto spin, fast spin and even the fast-forward spin by pressing the spacebar.  The result is still random.  Sometimes I get into the bonus round through auto spin sometimes on manual spins and so on.  What constant in my observation is the longer we stay in the same game, the longer the losing streak we experience.

We're just having that feeling that we thought that something is wrong because we have put it on auto and what an another coincidence if we did it manually and the results are perfect and good for us.

Out mind is just looking for a possible instant where we can have an advantage so when it is delivered on some pattern, we thought that we find the secret pattert to succes but eventually, our bankroll will get depleted using that key to success thing.