The psychology of betting.....

[rahmad2nd]

People always talk about strategy in gamble but I disagree because bet does not have strategy because the more you think you know the more you fail, even when you consistently play a particular odd that favours you one day you will get the greatest shock in the game because it will fail.

It's natural, because everyone has their own point of view. no exception, as you said that in gambling there is no such thing as a strategy. to be honest, I'd agree if what you're referring to falls into the category of purely luck-based gambling, as the OP posted in this thread. Obviously, I totally agree with him. but that doesn't mean when we play, we only rely on luck. at least, there is an effort that we do. although in some studies, that assumption is just a myth.

But I'm pretty sure, gamblers always try various techniques, methods or all sorts of things to get what we are looking for from the gambling session that we do. even if someone realizes, that what he is doing is just a myth. well, this really lives up to the title of this thread. Our psychology will always be carried away when we do a gambling session. by the way, not entirely what you say is true. because, in some other types of gambling requires expertise, knowledge, insight, and intellectual. some people call it strategy, some others method, some call it technique and one example, poker and football.

[maydna]

Gambling can be quite risky for people who don't understand the risks involved.

There are many types of gambling games in the world, but not all of them are fun to play and give us a good chance of winning. Therefore, it's important to stay realistic and focus on our goals. If our goal is just to enjoy, then we should be disciplined enough to only spend what we can afford to lose, and with that mindset, there's a slim chance that we will become addicted to gambling.

If our goal is to make money or consider gambling as a source of income, then we should gamble on games that don't have a house edge because that's the only way we can have long-term success in gambling.

But even so, new people or beginners still want to try it and see that gambling can be fun. They see how other people play and think that makes gambling games fun.

With so many gambling games, we want to get a different experience, so that's also what makes us deposit more money. We want to feel the atmosphere when we win, so we keep gambling, even forgetting the time.

It's better to forget about our goal to make money from gambling. Many people have suffered great defeats to reach their goals and still can't achieve them.

[dunfida]

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?

I strongly believe that these so-called patterns are made by the gamblers themselves in order to pacify the situation that they are facing. They are looking for ways to at least mitigate the damage as they are bargaining against themselves about it. When they see at least a glimmer of hope, they attempt to view it as a "pattern" and convince themselves that everything would be alright in the end.

Though this may be the case, I definitely agree with you that the outcome has already been pre-determined by the casino. Due to the presence of house edges, this gives the casino at least a tiny bit of advantage whenever you try to gamble on their respective platforms.

Back when I used to gamble, I used to believe that my every 3rd bet would win. So made bets that were divisible by the number of 3 and continued it. It at least gave me comfort but at the end I incurred significant losses.

Gambling casinos do not let us gamble to win, but for them to take advantage on our funds and make them profitable. So I don’t believe that they will provide patterns for us, instead everything is already controlled by  the gambling operators before we start gambling in their platforms. That’s how unfair gambling is. But we fail to see it at times we won, instead that creates more motivation for us that we can actually take advantage in gambling by creating some patterns. However, in the end, it’s always certain that casinos have still won back all our profits, because of the constant edge that they have over their players.

Patterns
Strategies
Holy grail method
Techniques

All the same but sharing up on the same motive which is to milk out the house which we know that it cant really be that possible.They do build up business to make revenue and sip it out from its players
which it is really just that common for any business. They might be giving out those nasty and good looking promotions and bonuses but actually they are just really making it look nice but in overall
we are really that on disadvantage.

This is why it would really be needing that realistic approach when you do tend to gamble. Never ever make yourself get convinced that there's a way for you to have that advantage.
You cant really be able to succeed on what you would be planning if ever you would be trying to beat up the house.

[Kakmakr]

Hi, I'm new on this forum, and I gotta say, this topic on the psychology of betting is pretty interesting. I totally agree that as humans, we're always looking for patterns, even when they don't exist. Actually, I used to think that pressing the bet button at a certain time would give me a better outcome. But now I know that the outcome is decided in milliseconds after I press the button. It's all about the RNG and RTP.

Well first of all, welcome to the forum and welcome to my thread. Yes, the result that you are seeing is just a graphical representation of the outcome that has been determined a few milliseconds after you pressed the "bet" button. 

You actually have to go to "Brick n mortar" casinos and then take time to observe people's reactions to appreciate this. You find that some people are rubbing the screen.... others press the side of the bet button and some have a whole ritual that they follow to make bets.

It is all in the mind..... and it has nothing to do with the mechanism of the way that the outcome are calculated. 

[wiss19]

Gambling casinos do not let us gamble to win, but for them to take advantage on our funds and make them profitable. So I don’t believe that they will provide patterns for us, instead everything is already controlled by  the gambling operators before we start gambling in their platforms. That’s how unfair gambling is. But we fail to see it at times we won, instead that creates more motivation for us that we can actually take advantage in gambling by creating some patterns. However, in the end, it’s always certain that casinos have still won back all our profits, because of the constant edge that they have over their players.

I think you are using the wrong words here, it is not like they don't let you win, or there are gambling operators who are controlling everything. Casinos are a business, and like any other business, they need money to run the business, hence the business model is built in such a way that it favors the platform more than the gamblers.

You can call it unfair or whatever, but there is nothing that is hidden from you or anyone who gambles, the house never says that they don't have an edge over you, they even let you know the house edge percentage for each game.

[len01]

Hi, I'm new on this forum, and I gotta say, this topic on the psychology of betting is pretty interesting. I totally agree that as humans, we're always looking for patterns, even when they don't exist. Actually, I used to think that pressing the bet button at a certain time would give me a better outcome. But now I know that the outcome is decided in milliseconds after I press the button. It's all about the RNG and RTP.

Well first of all, welcome to the forum and welcome to my thread. Yes, the result that you are seeing is just a graphical representation of the outcome that has been determined a few milliseconds after you pressed the "bet" button. 

You actually have to go to "Brick n mortar" casinos and then take time to observe people's reactions to appreciate this. You find that some people are rubbing the screen.... others press the side of the bet button and some have a whole ritual that they follow to make bets.

It is all in the mind..... and it has nothing to do with the mechanism of the way that the outcome are calculated. 

I call it just the mindset of gamblers who do things like the ridiculousness of pressing the bet button before the reels stop or doing superstitious things and we can conclude that this is the psychology of the mind of people who gamble.
but in reality they still use this kind of habit just because they believe they will get big results when doing ridiculous things like that and I am one of those people who do such a habit.
but for some reason when doing those things it always gets good results even though it's just luck anyway.

and however the psychological habit cannot be stopped because it is like addiction to doing the action of rubbing the screen or even blowing the screen when entering the bonus round in the slot game. but indeed all of that only depends on the RTP and our luck.

[Casdinyard]

Gambling casinos do not let us gamble to win, but for them to take advantage on our funds and make them profitable. So I don’t believe that they will provide patterns for us, instead everything is already controlled by  the gambling operators before we start gambling in their platforms. That’s how unfair gambling is. But we fail to see it at times we won, instead that creates more motivation for us that we can actually take advantage in gambling by creating some patterns. However, in the end, it’s always certain that casinos have still won back all our profits, because of the constant edge that they have over their players.

I think you are using the wrong words here, it is not like they don't let you win, or there are gambling operators who are controlling everything. Casinos are a business, and like any other business, they need money to run the business, hence the business model is built in such a way that it favors the platform more than the gamblers.

You can call it unfair or whatever, but there is nothing that is hidden from you or anyone who gambles, the house never says that they don't have an edge over you, they even let you know the house edge percentage for each game.

Exactly, Casinos are built to be unfair and be profit-centric. Otherwise they'd never be able to run as efficiently and sustainably as they could. The notion that they Casino doesn't let you win is just stupid and at the same time a little ignorant too. Of course they won't you silly. Odds are there to make sure that they are being transparent, but it is in no way indicative that the casino is just going to allow you to win games if you want to. That's not how it works. If you want to win while gambling, be very good at predicting and play on Sportsbooks instead. There's no inside job, and your wins are dependent on the performance of your chosen team/athlete. That way you don't go out here thinking that the casino is exceptionally egging on you. It's egging on everyone who plays on it, it's just a matter of if you are offended by it or not. Which gamblers who play for entertainment aren't.

[LUCKMCFLY]

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.

We can play as much as we want, as long as our own limits are respected, that is, we have a capital set up to lose, because it is what we have destined to play, that capital cannot be regretted if it is lost in the game , because it is known that it was destined for that, if we are clear about those things or those premises we can play with complete confidence and as we wish, but if the money is lost in its entirety, it must be respected in not Playing anymore,because if it is appealed to that Money is going to be taken that is destined for our daily expenses, be it for food, the market, for the family, it is what should never be done, basically it is to play responsibly.

[tusandii]

But even so, new people or beginners still want to try it and see that gambling can be fun. They see how other people play and think that makes gambling games fun.

Beginner gamblers have the idea that gambling can easily generate profits and is very fun to play because they haven't tasted the bitterness of losing and losing a certain amount of money in gambling so that any risks cannot really be understood.

With so many gambling games, we want to get a different experience, so that's also what makes us deposit more money. We want to feel the atmosphere when we win, so we keep gambling, even forgetting the time.

True, and that's what we want, but unlike them, most novice gamblers prefer to gamble, not to gain experience, but to be able to multiply money easily and quickly.
Even though experience in gambling is needed so that gamblers can learn to avoid mistakes or defeats.

It's better to forget about our goal to make money from gambling. Many people have suffered great defeats to reach their goals and still can't achieve them.

Yes, most gamblers lose everything they deposit just because they chase victory or aim to get a win. It's better to use the money as best you can in gambling and don't forget to think of gambling as a place of entertainment.

[Slow death]

Hi, I'm new on this forum, and I gotta say, this topic on the psychology of betting is pretty interesting. I totally agree that as humans, we're always looking for patterns, even when they don't exist. Actually, I used to think that pressing the bet button at a certain time would give me a better outcome. But now I know that the outcome is decided in milliseconds after I press the button. It's all about the RNG and RTP. Btw, have any of you tried Star Wins Casino? I've heard some good things about it. Check out this link if you wanna learn more: https://www.nodepositdaily.com/review/star-wins-casino/. I'd like to give it a shot and see how gambling affects me because I've never done it for the real money, actually.

that casino link you posted is a casino scam, hope you are not the owner of the casino and in case you are not the owner of this casino then I suggest you stay away from this casino, you can see for yourself the bad reputation and accusation of scam against them, see here:

https://uk.trustpilot.com/review/starwins.co.uk

as you can see they have a lot of scam accusations on trustpilot, which means they are a scam casino, now I don't understand why you leave good and reliable casinos and keep using a strange and new casino and scam, I can't understand, I see some people chasing sign-up bonuses, but nowadays in all casinos these sign-up bonuses have high requirements to be met so they are not even worth chasing the sign-up bonus, you could also look at the issue of link referrals, which because they are new casinos people rush to get more referrals, but what's the use of having a lot of referrals in a casino scam?

it makes no sense, that's why it's much better to be using already established casinos, that casino you posted a link to is a scam casino, so don't waste your time on it and don't waste your money on it, and see that the scam accusations against they've been around for some time, so I can't even imagine how the situation must have gotten worse at the moment, I don't even know how they're still working, maybe they're paying for advertising on some site and when they manage to steal a customer they recover the money spent on advertising, I imagine that's the only way that they are surviving

[Wakate]

Gambling can be quite risky for people who don't understand the risks involved.

There are many types of gambling games in the world, but not all of them are fun to play and give us a good chance of winning. Therefore, it's important to stay realistic and focus on our goals. If our goal is just to enjoy, then we should be disciplined enough to only spend what we can afford to lose, and with that mindset, there's a slim chance that we will become addicted to gambling.

If our goal is to make money or consider gambling as a source of income, then we should gamble on games that don't have a house edge because that's the only way we can have long-term success in gambling.

But even so, new people or beginners still want to try it and see that gambling can be fun. They see how other people play and think that makes gambling games fun.

With so many gambling games, we want to get a different experience, so that's also what makes us deposit more money. We want to feel the atmosphere when we win, so we keep gambling, even forgetting the time.

It's better to forget about our goal to make money from gambling. Many people have suffered great defeats to reach their goals and still can't achieve them.

Our major reason of going into gambling is to make money and we don't need to make it looks like we are very desperate to make money as a gambler which is one of the thing that can make us lose more money in gambling if we are not careful enough. It is good for us to always take some research or better still, ask questions from people around us than to take a decision that would affect us later as a result of our impatience to dig more before we make any bet. The psychology of gambling would help us to know how we can program ourselves to be a better gambler.

[Fatunad]

Gambling can be quite risky for people who don't understand the risks involved.

There are many types of gambling games in the world, but not all of them are fun to play and give us a good chance of winning. Therefore, it's important to stay realistic and focus on our goals. If our goal is just to enjoy, then we should be disciplined enough to only spend what we can afford to lose, and with that mindset, there's a slim chance that we will become addicted to gambling.

If our goal is to make money or consider gambling as a source of income, then we should gamble on games that don't have a house edge because that's the only way we can have long-term success in gambling.

But even so, new people or beginners still want to try it and see that gambling can be fun. They see how other people play and think that makes gambling games fun.

With so many gambling games, we want to get a different experience, so that's also what makes us deposit more money. We want to feel the atmosphere when we win, so we keep gambling, even forgetting the time.

It's better to forget about our goal to make money from gambling. Many people have suffered great defeats to reach their goals and still can't achieve them.

Our major reason of going into gambling is to make money and we don't need to make it looks like we are very desperate to make money as a gambler which is one of the thing that can make us lose more money in gambling if we are not careful enough. It is good for us to always take some research or better still, ask questions from people around us than to take a decision that would affect us later as a result of our impatience to dig more before we make any bet. The psychology of gambling would help us to know how we can program ourselves to be a better gambler.

Desperation would really be ending up on a disaster on which it would really be a common thing to happen not only just limited on gambling but also in other perspective in life when making out decisions and on the time
that you do reach up on a state where desperation kicks in because you do want to make or get some profits then this is where certain extent actions would really be done. This isnt something new or a very common
human behavior to be done and how much more if we do speak about gambling? Only a few would really be that mindful about their actions or really that seeking for the sake of entertainment and not for money.
Usually people who would really be dealing off with gambling are the ones who do really come after on making income or profits with it, without even trying to look on the reality that its way too risky on handling out on things. When gambling then you should really be that somewhat realistic on what you should gonna do, dont aim for money or profits because this is the main reason on why people do become that impulsive
and making out lots of errors and mistakes.

[darewaller]

We can play as much as we want, as long as our own limits are respected, that is, we have a capital set up to lose, because it is what we have destined to play, that capital cannot be regretted if it is lost in the game , because it is known that it was destined for that, if we are clear about those things or those premises we can play with complete confidence and as we wish, but if the money is lost in its entirety, it must be respected in not Playing anymore,because if it is appealed to that Money is going to be taken that is destined for our daily expenses, be it for food, the market, for the family, it is what should never be done, basically it is to play responsibly.

If you play as much as you want, you are not limiting your self already. Maybe there are people who are not really in to gambling and they think betting minimal amounts for 20 to 30 rolls in a casino game is already too much for them but most people are not like that. They always can't get enough when it comes to gambling.

These people needs to limit their selves before it interferes with their life. Other than that, it will be better if your wife hold your money for you. If you don't have a wife yet, then you must still have your parents, or other people that you trust the most because once we see our balances, the temptation can always kicks in.

[Solosanz]

These people needs to limit their selves before it interferes with their life. Other than that, it will be better if your wife hold your money for you. If you don't have a wife yet, then you must still have your parents, or other people that you trust the most because once we see our balances, the temptation can always kicks in.

Letting your wife or parents to hold your money aren't good option. Not all wife or parents will allow you to give money for your fun activity, so when you ask it to feel your satisfy, they will always say no and you will mad. Then you lost your trust and there's might an internal conflict, you choose to hold your money by yourself.

Asking someone to hold your money is a sign if you're have a bad money management and they should teach you instead of agree to hold your money.

[Porfirii]

<...>

<...>Asking someone to hold your money is a sign if you're have a bad money management and they should teach you instead of agree to hold your money.

But some people are bad money managers, and that is not to blame on them. If their wives or parents are willing to help, why not? It's wise to know when to ask for help. I remember that there was certain project for the economic development of India, but focused in women because men spent everything in vice.

With time, they should learn how to manage their money, but as the first leap it can be a good point to start, and nothing to be ashamed of.

[slapper]

~snip~

Desperation would really be ending up on a disaster on which it would really be a common thing to happen not only just limited on gambling but also in other perspective in life when making out decisions and on the time
that you do reach up on a state where desperation kicks in because you do want to make or get some profits then this is where certain extent actions would really be done. This isnt something new or a very common
human behavior to be done and how much more if we do speak about gambling? Only a few would really be that mindful about their actions or really that seeking for the sake of entertainment and not for money.
Usually people who would really be dealing off with gambling are the ones who do really come after on making income or profits with it, without even trying to look on the reality that its way too risky on handling out on things. When gambling then you should really be that somewhat realistic on what you should gonna do, dont aim for money or profits because this is the main reason on why people do become that impulsive
and making out lots of errors and mistakes.

Okay, folks, let's jump into the firestorm about gambling – entertainment or dangerous game? Picture this – gambling is like dancing the mambo with Lady Fortune. Sometimes you're lifted high, and other times, she steps on you like a loser. It's like a high-roller dance-off, but no guarantees you'll win!

The big question: Can we separate hope from reality? Can we walk away from the casino, shrugging it off like it's a casual night? Resisting a gold-encrusted apple – can we say no to the massive jackpot?

But careful! Don't think of gambling as a career. It's a mesmerizing tune that'll lead you astray if you forget the limits. Let's enjoy the show, but keep our wallets safe, people!

[Doan9269]

Gambling casinos do not let us gamble to win, but for them to take advantage on our funds and make them profitable. So I don’t believe that they will provide patterns for us, instead everything is already controlled by  the gambling operators before we start gambling in their platforms. That’s how unfair gambling is. But we fail to see it at times we won, instead that creates more motivation for us that we can actually take advantage in gambling by creating some patterns. However, in the end, it’s always certain that casinos have still won back all our profits, because of the constant edge that they have over their players.

I think you are using the wrong words here, it is not like they don't let you win, or there are gambling operators who are controlling everything. Casinos are a business, and like any other business, they need money to run the business, hence the business model is built in such a way that it favors the platform more than the gamblers.

You can call it unfair or whatever, but there is nothing that is hidden from you or anyone who gambles, the house never says that they don't have an edge over you, they even let you know the house edge percentage for each game.

And this is the fact, no any gambling casino can restrict you from winining if yoy didi not do thatbto yourself at first, fine and good they were out for business and to make money but not on our own detriment, which means if you knows how to gamble and win, they can't stop you from getting your winnings and same is applicable vise versa when you pay them to gamble, they must provide you with the service you're paying them for, at the end, no one feels cheated or denied his right in gambling except you fall into the scam casino projects.

[BitcoinPanther]

snipped

Okay, folks, let's jump into the firestorm about gambling – entertainment or dangerous game? Picture this – gambling is like dancing the mambo with Lady Fortune. Sometimes you're lifted high, and other times, she steps on you like a loser. It's like a high-roller dance-off, but no guarantees you'll win!

Just say it straight, gambling result is random and no one knows whether they will win or not.  Even sportsbetting which is considered as skill-based game is still affected by randomness reason why we see underdogs winning an upset.

The big question: Can we separate hope from reality? Can we walk away from the casino, shrugging it off like it's a casual night?

Obviously if your mind is sound, you can always separate hope and reality simply by considering factors that make hope and reality differ from each other.  Those gamblers who play with the money they can afford to lose can always shrug off their losses because they are not affected at most.

Resisting a gold-encrusted apple – can we say no to the massive jackpot?

Everyone wanted a huge winnings but a sane people will always reject huge winnings if it will require his life in return.

But careful! Don't think of gambling as a career. It's a mesmerizing tune that'll lead you astray if you forget the limits. Let's enjoy the show, but keep our wallets safe, people!

I second this  .

[AmoreJaz]

~snip~

Desperation would really be ending up on a disaster on which it would really be a common thing to happen not only just limited on gambling but also in other perspective in life when making out decisions and on the time
that you do reach up on a state where desperation kicks in because you do want to make or get some profits then this is where certain extent actions would really be done. This isnt something new or a very common
human behavior to be done and how much more if we do speak about gambling? Only a few would really be that mindful about their actions or really that seeking for the sake of entertainment and not for money.
Usually people who would really be dealing off with gambling are the ones who do really come after on making income or profits with it, without even trying to look on the reality that its way too risky on handling out on things. When gambling then you should really be that somewhat realistic on what you should gonna do, dont aim for money or profits because this is the main reason on why people do become that impulsive
and making out lots of errors and mistakes.

Okay, folks, let's jump into the firestorm about gambling – entertainment or dangerous game? Picture this – gambling is like dancing the mambo with Lady Fortune. Sometimes you're lifted high, and other times, she steps on you like a loser. It's like a high-roller dance-off, but no guarantees you'll win!

The big question: Can we separate hope from reality? Can we walk away from the casino, shrugging it off like it's a casual night? Resisting a gold-encrusted apple – can we say no to the massive jackpot?

But careful! Don't think of gambling as a career. It's a mesmerizing tune that'll lead you astray if you forget the limits. Let's enjoy the show, but keep our wallets safe, people!

the reason why a lot are getting trouble with gambling is that they lose their grip because of that hope. hence, many gamblers are going astray. they may have set their limits at early stages of their gambling activities but once they suffer losses, that's when the drive of recovering such loss is getting bolder. well, that's the normal reaction of any gambler esp if he is not firm with his decisions. this is why we are hearing stories of desperate moves from the gamblers. so if you know you are on the brink of such situation, better pull off while you are still thinking straight.

[piebeyb]

Asking someone to hold your money is a sign if you're have a bad money management and they should teach you instead of agree to hold your money.

I think the average gambler or man has bad financial management, I experienced that being a wasteful person and could never manage my finances. I once a few years ago my savings ran out due to gambling, but now my wife is assisting me to manage my finances because I entrusted her with it, so I can be more organized now to gamble even with small bets.

I think there's nothing wrong with entrusting someone or one of our families, be it our wife or mother, to manage finances so that they don't run out easily because of gambling or waste in financial management. I admit honestly that indeed I have bad financial management