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Author Topic: Do wager affect outcomes in any provably fair games  (Read 1186 times)
tusandii
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August 06, 2023, 04:12:41 AM
 #101

The only way a wager can affect the outcome of the of the game is in the area where the gambler tries to meet up with the wager requirement and in the process loses the bet at the end,  this is what is most likely to be the most frustrating experience.

I think wager affect the amount of winnings but it will never affect the percentage chance of winnings.  Since the winning amount is dependent on how much we are wagering, it is the sector where wager affect the amount money to be won and besides that, wager does not affect anything at all (except the one stated as a requirement).
Regarding what you said, it seems that there is some truth, because when you bet only with a small amount of money, it is very easy to win, but when you increase the number of bets, it is even bigger, only defeats are always there, maybe this is a way of working in betting, but I still confused why this could happen.

But wager doesn't have anything to do with the probable fairness of the games and the casino is always acting along with that fact,  so it may not have any effect in direct proportion but its effect is in indirect proportion and the gambler is at the receiving end of that.

True that, the Random Number Generator affects the result of the game, and its being provably fair can be tested by testing the generated seed of the bet.
If in a sports match there is a lot of manipulation that is natural and anyone will understand it, whereas for a casino game it will be more difficult to prove whether it is truly fair or not.
So far, I have never been able to find a bright spot for fairness in a casino game. I even consider it a natural thing that doesn't need to be investigated anymore, because gambling sites have many games to be able to make profits and reduce the number of losses as small as possible.

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August 06, 2023, 04:20:16 AM
 #102

I don't think so, in my opinion, it's just one of mind biases.

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August 06, 2023, 07:45:25 AM
 #103

I don't think so, in my opinion, it's just one of mind biases.

What you think is correct, even if you have no arguments to back it up other than that you simply think so. You have the reason in the first reply:

No...... there are no link between previous bets and future bets...

To think otherwise is a fallacy well known as the gambler's fallacy. But no matter how many times it is explained, there are hundreds of millions of people who think otherwise.

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August 06, 2023, 08:54:54 AM
 #104

The only way a wager can affect the outcome of the of the game is in the area where the gambler tries to meet up with the wager requirement and in the process loses the bet at the end,  this is what is most likely to be the most frustrating experience.

I think wager affect the amount of winnings but it will never affect the percentage chance of winnings.  Since the winning amount is dependent on how much we are wagering, it is the sector where wager affect the amount money to be won and besides that, wager does not affect anything at all (except the one stated as a requirement).
Regarding what you said, it seems that there is some truth, because when you bet only with a small amount of money, it is very easy to win, but when you increase the number of bets, it is even bigger, only defeats are always there, maybe this is a way of working in betting, but I still confused why this could happen.
If you use small money, the wins will also be small and although some gamblers can win big, it is only because of their luck. The rest, they just lost and should be able to accept the loss. And the bet will not affect the outcome because the result depends on our luck when playing. Some players use big money, hoping to win big. But that doesn't guarantee he can win big; instead, he can only win small money. So there's no need to be confused about what's happening at gambling because everything can just happen.

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August 06, 2023, 09:08:06 AM
 #105

It's not that every time you play the chances of you winning increases, it's just that the pool of results that you use to "think" about your chances of winning/losing increases, so there's more info you can use to identify. As I've said before, each game is independent of the previous games, so a 10-loss streak or more is completely possible. Though some may argue that a "streak" theoretically has a low chance of happening, that's if you take into account that you "lost" the last round, gambling games don't do that.
If there's a gambler think it's impossible to lose more than 10 streaks, they should gamble using martingale strategy because based on math if you gamble using this strategy, you will not lose. There's always a comeback moment and will recover all of your previous losses.

But the question is, how many gambler are making money versus how many gambler are always losing? we're know the answer and it also indirectly answer how legit is martingale strategy.

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August 06, 2023, 09:53:52 AM
 #106

How it works? like when we wager we have more probability to hit win, anyone noticed this? Do you know how it works and what is the calculation behind it?, do server sends outcomes by checking our wager?

Nah. Assuming it is a fair game, wager amount does NOT have any influence on the game outcome.

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August 06, 2023, 09:58:59 AM
 #107

If there's a gambler think it's impossible to lose more than 10 streaks, they should gamble using martingale strategy because based on math if you gamble using this strategy, you will not lose. There's always a comeback moment and will recover all of your previous losses.

Off the topic a bit, but there are two problems with Martingale.

1.) You don't have infinitely budget.
2.) Max bet.

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August 06, 2023, 01:41:00 PM
 #108

I noticed that when I start to play games like keno, limbo, dice, etc. First some bets don't hit and after wagering some percentage of my balance it starts to hit,
How it works? like when we wager we have more probability to hit win, anyone noticed this? Do you know how it works and what is the calculation behind it?, do server sends outcomes by checking our wager?
When you place a bet it is good because you can win it and it may be your luck too. If you regularly gamble and win bets then it will be profitable for you. And if you know any strategy to win the bet then you can continue gambling. But if it happens that you win the bet only due to luck then don't go deep into gambling then it can be risky for you. Because if your luck is good at one time then you can win the bet and at other times if you bet more money then there is a possibility of losing. So you always adopt good strategies and bet accordingly then you may be able to profit but should not bet all the time.

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August 06, 2023, 02:02:01 PM
 #109

I noticed that when I start to play games like keno, limbo, dice, etc. First some bets don't hit and after wagering some percentage of my balance it starts to hit,
There are always regrets after playing gambling even though I won the game.

When betting, I often stick with big bets in order to get big wins too, but when I see that the balance is starting to run low and the wins don't come, it makes me in a dilemma to keep playing at high bets, which in the end I lower my bets to higher ones. small and I got the victory there.

Or when I get a win at the beginning of the game, which can trigger me to continue to increase my bet in order to get a big win even though the opposite happens, I spend the results of the victory I got at the beginning of the match. it's hard to be consistent to keep the number of bets, but this is really fun and have you ever experienced something similar?

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August 06, 2023, 06:05:02 PM
 #110

I noticed that when I start to play games like keno, limbo, dice, etc. First some bets don't hit and after wagering some percentage of my balance it starts to hit,
There are always regrets after playing gambling even though I won the game.

When betting, I often stick with big bets in order to get big wins too, but when I see that the balance is starting to run low and the wins don't come, it makes me in a dilemma to keep playing at high bets, which in the end I lower my bets to higher ones. small and I got the victory there.

Or when I get a win at the beginning of the game, which can trigger me to continue to increase my bet in order to get a big win even though the opposite happens, I spend the results of the victory I got at the beginning of the match. it's hard to be consistent to keep the number of bets, but this is really fun and have you ever experienced something similar?
What you say about gambling and betting large in order to win big sounds like a real thing, but it's not, you know? Like, you place a large wager, and all of a sudden, BAM! It is all gone, or perhaps not all, but some, or you may have won. Everything is a bit confusing

Have I been there before? Big bets, small gains, no bets, mixed results. It is similar to what you say, but sometimes it is the opposite or something entirely distinct

Why not continue placing large bets in light of the dilemma you described? Or tiny? Or otherwise? It's hard to say, but it's either enjoyable or not enjoyable, depending on how it proceeds. That's wagering, whether you like it or not

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August 06, 2023, 09:30:06 PM
 #111

I noticed that when I start to play games like keno, limbo, dice, etc. First some bets don't hit and after wagering some percentage of my balance it starts to hit,
How it works? like when we wager we have more probability to hit win, anyone noticed this? Do you know how it works and what is the calculation behind it?, do server sends outcomes by checking our wager?
When you place a bet it is good because you can win it and it may be your luck too. If you regularly gamble and win bets then it will be profitable for you. And if you know any strategy to win the bet then you can continue gambling. But if it happens that you win the bet only due to luck then don't go deep into gambling then it can be risky for you. Because if your luck is good at one time then you can win the bet and at other times if you bet more money then there is a possibility of losing. So you always adopt good strategies and bet accordingly then you may be able to profit but should not bet all the time.
But placing bets also won't be able to give us the win we hope for because it will depend on our luck. We can only win by luck, and I'm not sure a strategy can be used repeatedly, so we should have more strategy. And we can only try to use those strategies one by one without knowing which strategy will work. And if the strategy succeeds in giving win, we should not pin our hopes on that strategy because circumstances may change, and the previous strategy cannot be applied in the next round. And when you have won, remember to stop immediately and not try other strategies or place higher bets because that could mean you will experience lose. The casino will not allow us always to win, so after we win, we should stop before we experience a losing streak.
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August 06, 2023, 09:43:06 PM
 #112


But placing bets also won't be able to give us the win we hope for because it will depend on our luck. We can only win by luck, and I'm not sure a strategy can be used repeatedly, so we should have more strategy. And we can only try to use those strategies one by one without knowing which strategy will work. And if the strategy succeeds in giving win, we should not pin our hopes on that strategy because circumstances may change, and the previous strategy cannot be applied in the next round. And when you have won, remember to stop immediately and not try other strategies or place higher bets because that could mean you will experience lose. The casino will not allow us always to win, so after we win, we should stop before we experience a losing streak.
Yes there is no strategy that works repeatedly in any situation as far as gambling is concerned,  this is so because most of those who have thought that they have a strategy because their luck shines on one or two occasions think that it will continue but not too long the strategy will still disappointment because it can't win consistently.

So it is very important to depend less on skills or strategy and pay more attention to luck and gambling only with an amount we can let go.
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August 06, 2023, 11:49:29 PM
 #113

Regarding what you said, it seems that there is some truth, because when you bet only with a small amount of money, it is very easy to win, but when you increase the number of bets, it is even bigger, only defeats are always there, maybe this is a way of working in betting, but I still confused why this could happen.
This is just an impression and it's false. Maybe you got this impression because when a lot of money is in stake, losing affects you more.
If the game is provably fair then the bet amount does not affect the outcome. In provably fair algorithms, some variable are used to generate the results and the bet amount is not one of them.
If it was, then the game is not fair and the casino is cheating you.

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August 07, 2023, 01:58:22 AM
 #114

That is opposite from my experience , because mostly i am winning in my first few bets but the problem is when i continued playing because those are the time that i am completely losing but since of my previous wins? i chase my losses ending me losing everything.
I hate my attitude after but that is how gambling comes to me.
so yeah we have different experience mate.
Your username perfectly suits you. Honestly, everyone chased their losses at some point of time in their lives, but only few openly talk about it like you for various reasons which is pretty gutsy.

I chase my losses now and then, but I stop myself from crossing certain limits in order to avoid bigger losses. It all comes down to self control at the end of the day.
same as your username suits you because  its nonsense  Cheesy Grin

and with your last comment? sounds like you are the Bitterguy and not me

If there's a gambler think it's impossible to lose more than 10 streaks, they should gamble using martingale strategy because based on math if you gamble using this strategy, you will not lose. There's always a comeback moment and will recover all of your previous losses.

Off the topic a bit, but there are two problems with Martingale.

1.) You don't have infinitely budget.
2.) Max bet.
and it is proven that only small gamblers truly succeed in this strategy that those who really win .

not unless you are a willing loser , then continue using martingale hehe

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August 07, 2023, 02:10:17 AM
 #115

I noticed that when I start to play games like keno, limbo, dice, etc. First some bets don't hit and after wagering some percentage of my balance it starts to hit,
There are always regrets after playing gambling even though I won the game.

When betting, I often stick with big bets in order to get big wins too, but when I see that the balance is starting to run low and the wins don't come, it makes me in a dilemma to keep playing at high bets, which in the end I lower my bets to higher ones. small and I got the victory there.

Or when I get a win at the beginning of the game, which can trigger me to continue to increase my bet in order to get a big win even though the opposite happens, I spend the results of the victory I got at the beginning of the match. it's hard to be consistent to keep the number of bets, but this is really fun and have you ever experienced something similar?
Your first statement is really suprising because regret in gambling activities mostly comes from  losses, when you gamble recklessly or make wrong choices of predictions you'll start feeling remorse but in your own case you still feel bad when you win, therefore my opinion is that you should work on quiting gambling or coming up with good strategies that could make you win, you could also take your time to study the game, before you make predictions you shouldn't be in a haste to rush into predicting again because you've won if not you  could end up losing everything.
 Since you said you lower your bets and stake high and it comes out victorious why not stick to that patterns and make like 2-4  predictions in a slip and stake with a high fund, if you do this successfully for some consequitive days you could earn a lot more profit than what you've lost in the past.

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August 07, 2023, 04:27:32 AM
 #116

No. I don't think RTP works that way. IMHO.
For me, there's a ratio. Like 1 win:5 loss or worst. Then, there's your seed on how it behaves. I got a seed now that gives a large amount of multi wins but it takes a long time before it hits those numbers. So, I always try to divide my balance by 1000 bets and I doubt it will not hit a big one at that number.
My actual ratio is 1:6 but sometimes it gets worst after a big multi-win. Like 1:10 or it will try to still give me something but with small amounts like 1.3x - 3.00x only for a long span of time until it gets back what it loss. Even if you wager many dollars it doesn't mean it will give back. The only thing you get is the rakeback or winning the wager race.

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August 07, 2023, 05:05:25 AM
 #117

No it's work completely fine without based on what you wager on each bet and it's outcome that's why it's probably fair as you can verify the bet to check if it was genuine or not.So you need to be lucky in these bets while the system have it's own algorithm that can turn profits to you on any bet but what you are assuming is not right.

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August 07, 2023, 05:28:11 AM
 #118

No it's work completely fine without based on what you wager on each bet and it's outcome that's why it's probably fair as you can verify the bet to check if it was genuine or not.So you need to be lucky in these bets while the system have it's own algorithm that can turn profits to you on any bet but what you are assuming is not right.
If you are talking about slot games being provably fair, that i highly doubt to be honest with you, i sure used to believe and trust slot game providers on their advertisements on games being provably fair, but recently, I started doubting that very much, I don't know about casino games though, but one thing i will always agree with is that winning a game have nothing to do with how much a gambler has wagered, whether in the past or that present time on that session, one might wager $5000 dollars and win nothing, if he or she continues to play , he or she might still end up winning nothing as long as it isn't his or her lucky day, every bet has a 50 percent chance of win and 50 percent chance of loss, how much one have wagered never changes that.

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August 07, 2023, 10:42:13 AM
 #119

~snip~
Yes there is no strategy that works repeatedly in any situation as far as gambling is concerned,  this is so because most of those who have thought that they have a strategy because their luck shines on one or two occasions think that it will continue but not too long the strategy will still disappointment because it can't win consistently.

So it is very important to depend less on skills or strategy and pay more attention to luck and gambling only with an amount we can let go.
All we can do is try every strategy to find out which can help us win. And don't forget that we also need luck and a good strategy, but we must remember that luck may not always be with us.

And we also have to limit the number of wagers we make so that there are not many losses and we still have money to play gambling another day. Perhaps we can reach a certain number of wagers to get a bonus, but that won't change the result. And if we lose, we can't complain because that also relies on luck.
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August 07, 2023, 11:08:40 AM
 #120

Obviously the longer you gamble, the higher the probability becomes that you will hit win. Unless you are implying that there are casinos that manipulate the game to keep you playing? Of course the reputable casinos would not participate in manipulation so obviously shady and public that it would ruin their reputation if they got caught. And eventually everyone gets caught. But also, the games themselves are usually from third party providers, right? So there must be oversight for fairness. Neither the casino nor the game provider would want to look bad in front of the other. So there are eyes everywhere.

Coming back to your question, there are casinos which have an open source policy. That means you can take a look behind the curtain of inner workings of their games, as long as you can read and understand the code. If not, then there are always people who can understand it and explain it to you.
Since most gambling platforms these days have provably-fair betting systems where a user can check and verify if their bets are being manipulated or not, I don't think it's a necessity for the player to check the code or get it checked by someone else only to see if the game they are playing is provably-fair. What OP is talking about is nothing more than a coincidence or a matter of luck because a gambler might even hit a win on their first bet sometimes and don't hit any after 20 bets too, so it is totally dependent on one's luck.

I don't think that a game would have a system where you don't get a win until you wager a certain amount and once you reach that wagering limit, the server makes you win, never in my life I've heard or seen anything like that in any gambling game and that is definitely not how it works.

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