Logic of some gamblers against math

[danherbias07]

This is because winning gives joy and increase your bankroll. Even people that are gambling for fun wouldn't never put it in their mind of losing because since they are disciplined gamblers, they will love to spend less of their income on gambling and play more games. So if they win, it will be a plus to their upfront games that they will bet on. It is in human that every good things is worth having over and over again and this also applies to gamble. The more you win the more you keep playing because you believe that you will continue winning, but most times this turns out to be the opposite.

You are correct. One of the biggest reasons why they will continue betting is the increase in bankroll. After a jackpot, we have that opportunity to test our luck and maybe bet 1/10 of those profits. A gambler will definitely be brave enough to do that not thinking about the profit being cut by 10 percent. The feeling of, it won't matter to him because the jackpot was too high.
Another reason is the curiosity of the unknown. Betting another set after a multi-win becomes normal to a gambler who has been doing this for most of his gambling sessions because it has become a habit.
How I wish I saved all my graphs on what's happening after a multi-win so I can share it with you guys. It's always a sharp red downward graph after a jackpot and it happened a lot of times in my experience. The worst thing is, it's going to happen at any original games so a good solution would be to switch to sports or slots.

[Orpichukwu]

Wenn you have been trying to win something for über sometime and you have always been failing, you will consider those times, which you have been losing, as not being your lucky day. Und wenn eventually luck comes to your side for just einen bestimmten Day und you where able to win einen Game, that Period, you will also consider that Day your Lucky Day – it's normal. 
 
While you consider that your lucky day, going back all in is not a wise thing to do unless you are not a responsible gambler. The best thing to do is to first remove your profit from the amount won, then you can continue gambling, but why gambling? You should always not forget to set a lose limit and always keep to that limit, and not to allow your self lose focus as a result of trying to chase lose or luck thinking: There is another big win, if you can try again. If the person loses to his daily limit, they should

[Casdinyard]

Heater is what gamblers usually call that, reason being that it's a particular section when you're gambling where most pressure is at. Now, as for the reason why gamblers tend to do the stupid thing and bet higher on multipliers is because they can flip their losses easily even if they win just a single round in that. I've experienced this myself first hand and it was very awesome to say the least. The argument for those consistent winners who still keep on betting on heaters despite the fact that they already won is of course, to make more money.

Does this make sense to an outsider? No? Is there a method to their madness? Yes. So in these types of situation do I mostly exempt gambling for profit since there's a really good chance in these settings, but then again, the losses will suck too, if that's a gamble you're willing to make, then so be it.

[Ever-young]

Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?

This is as a result of the joy most of them gets from winning for the very first time in their life and most people who happens to think this way are just those who are new to gambling because an experienced gambler should be able to know that winning don’t happen that way it’s something that they can’t control because you win now does not mean your next game will be successful it’s better to take home what you have won than for you to continue playing and lose all that you have won to gambling.

Those newbies who are new to gambler are just too eager to win more and multiply their money which is the reason my most of them don’t end up making something out of it, because they gamble until they have exhausted all that they have left with the hope and intention that their day to make it have finally arrive why not make good use of that chance, making good use of that chance is what usually take them to losing.

[Hirose UK]

If really good logic was used then it wouldn't be that kind of thinking, but they would know that luck won't come second time at almost the same time.
But if it is said to be strange logic then it is true and usually gamblers with thoughts like that will never be satisfied with their winnings, in fact they will lose more or even more than the winnings they have already won.
If luck can come back then I sure there will be no gamblers who will lose more after winning and continue to gamble again, they will definitely get the same win again.
It just that in reality what happens is that the win is win that cannot be repeated and every gambler should be able to take advantage of the win by withdrawing it, even if only part of it, at least there is money that can be secured.

And it is true that calculated correctly using mathematics, the chance of that luck being achieved again will be smaller.

The gambler who had good intentions to win will bet on the most possibility option in the gambling site.The gambler who find the best possibility in the gambling can easy make money from the gambling site,but most of the gamblers won’t satisfied with their win.So they will do the betting for the longer period,the gambling loss may occur as the mathematics law defines of loss after the win.If the gamblers who not satisfied with the small win may forced to face the big loss in the gambling site.After this the gambler should not spread bad about the gambling sites.The reason for the gambling loss is he doesn’t agree with the gambling giving winnings for their gambling game.

A gambler can only choose which game he thinks can provide big chance of winning and this is just like having confidence in one of the game choices in the casino.
After all, no gambler knows when they will be able to get larger multiplier, but there is thought that often occurs where gamblers think they will be able to get the same win or multiplier.
But apart from that, it can be called feeling of dissatisfaction with what you have got, there are also other factors such as the pursuit of making money, but I still can't understand how gamblers have thoughts like that.
I sure they have experienced repeated failures several times because of their own ambition but they don't learn from these failures and still believe in clear beliefs that only bring destruction, isn't this very detrimental?
The actual calculation in mathematical law is that there will always be price that must be paid if you get profit and defeat is the payment. We must understand logically that there is no victory without defeat.
No one can avoid it but we can minimize it by being wise gamblers, we must be able to save or withdraw certain amount of winnings to protect it so that when we lose we don't lose anything bigger than the winnings we get.

[justdimin]

it is not a "gambler bias error" but rather the various marketing messages people receive when you use a gambling site.
it's obvious owner of platoforms can't point out how impossible it is to achieve certain stats in long term
That's why, they have to rely on luck and other "irrational" things

Actually I think it is. It is natural for us gamblers to continue whenever we get a good result and especially if we hit a massive multiplier. I never heard that a casino encourages people to play more whenever they are lucky. There is no need for them to say this, and I think, or they think it will going to sound too good to be true.

But, there is a saying about gambling/gamblers that gamblers are stopping right before they hit the jackpot. IDK if the casino owners are also involved with that but better if we won't believe on that because what for sure is real is that gambling owners are always going to win at the end. That is due to the house edge.

[rachael9385]

If really good logic was used then it wouldn't be that kind of thinking, but they would know that luck won't come second time at almost the same time.
But if it is said to be strange logic then it is true and usually gamblers with thoughts like that will never be satisfied with their winnings, in fact they will lose more or even more than the winnings they have already won.
If luck can come back then I sure there will be no gamblers who will lose more after winning and continue to gamble again, they will definitely get the same win again.
It just that in reality what happens is that the win is win that cannot be repeated and every gambler should be able to take advantage of the win by withdrawing it, even if only part of it, at least there is money that can be secured.

And it is true that calculated correctly using mathematics, the chance of that luck being achieved again will be smaller.

The gambler who had good intentions to win will bet on the most possibility option in the gambling site.The gambler who find the best possibility in the gambling can easy make money from the gambling site,but most of the gamblers won’t satisfied with their win.So they will do the betting for the longer period,the gambling loss may occur as the mathematics law defines of loss after the win.If the gamblers who not satisfied with the small win may forced to face the big loss in the gambling site.After this the gambler should not spread bad about the gambling sites.The reason for the gambling loss is he doesn’t agree with the gambling giving winnings for their gambling game.

A gambler can only choose which game he thinks can provide big chance of winning and this is just like having confidence in one of the game choices in the casino.
After all, no gambler knows when they will be able to get larger multiplier, but there is thought that often occurs where gamblers think they will be able to get the same win or multiplier.
But apart from that, it can be called feeling of dissatisfaction with what you have got, there are also other factors such as the pursuit of making money, but I still can't understand how gamblers have thoughts like that.
I sure they have experienced repeated failures several times because of their own ambition but they don't learn from these failures and still believe in clear beliefs that only bring destruction, isn't this very detrimental?
The actual calculation in mathematical law is that there will always be price that must be paid if you get profit and defeat is the payment. We must understand logically that there is no victory without defeat.
No one can avoid it but we can minimize it by being wise gamblers, we must be able to save or withdraw certain amount of winnings to protect it so that when we lose we don't lose anything bigger than the winnings we get.

You apparently correct but most times, even the games that we don't trust win but the ones we trust get cut sometimes, however I do like to say that luck is the number one thing a gambler should pray for and not to trust an odd because no odd is sure, every odds have a chance of losing.
No body will ever tell you this unless you sit down to think about it, this same situations makes most gamblers to gamble more and also lose more anytime they are trying to chase their losses.
Although I don't blame those gamblers that are trying to chase their losses because most of them have use a loan money to gamble or someone's money, but the truth is that no gambler should ever use a loan money to gamble, instead they should not gamble if they done have the money to catch the fun.

[Solosanz]

Addicted gambler doesn't even care with math, if they care with match they already know they can't make money through gambling due to house edge. When they hit huge multipliers and earn a lot money, they think the amount they make is a bonus, so they will gamble it without any pressure in order to earn more.

That's why someone can't stop to gamble, either you lose or win, you will keep gamble.

[EarnOnVictor]

Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?

I see this as a common behaviour by gamblers who are just blinded by greed. If you win a game and you have made a large profit, the first thing that's needed for you to do is to withdraw more than half of the money down to your wallet or account, whichever one you like making use of, and then if you still need to lay,  you can leave a small amount of that money in there that you can use to try luck back.
 
But it will be very foolish of the person if they think that the same luck that made them win the first time will continue again to the next game, as that might only lead them to losing everything they have won from the first game. If they don't apply wisdom, the casino will never say they won't take back what they have given to you; in fact,  that's what they even want from you to continue losing.

Your approach is good and can save a lot of gamblers, but if they are truly in for the game, I don't see a reason why they should be often quick to withdraw their profits simply because they gained. What I expect from every gambler is to have their budgets and plans around their calculative way of playing their games. Discipline and determination are also needed here. It would be very unwise for you to believe that withdrawing some part of the money has totally prevented you from making mistakes of overplaying. I have seen cases where the gambler will win and withdraw almost the money in the account, but this same person will still come back again to play more, and after losing the little money left, they keep depositing more money and also paying transaction fees. Why not keep the money there and save yourself the stress?

So, there is no perfect way to go about gambling, but for gamblers to know what they are doing and ensure that they are not addicted or acting based on emotions. The best in gambling is for us to, even before starting, know what it takes to be a responsible gambler and to also know what to do that will help us and what to do that will affect us negatively. To crown it all, a very good managerial approach to gambling might be the way out in this regard and that entails the management of the account of the gambler and also the management of his psychology as well. They should be enough to stabilize the issue and make sure that the gambler does as they plan to do, which is why planning beforehand is very important in this regard.

[traderethereum]

Addicted gambler doesn't even care with math, if they care with match they already know they can't make money through gambling due to house edge. When they hit huge multipliers and earn a lot money, they think the amount they make is a bonus, so they will gamble it without any pressure in order to earn more.

That's why someone can't stop to gamble, either you lose or win, you will keep gamble.

Gamblers who are addicted to gambling only think about gambling. They don't care about mathematics because they care about how they can place bets with their money and win.
But when they win from gambling and win, they don't want to stop gambling but even more want to get another win even though they already know that they won't necessarily be able to win again in the next game or round.
Maybe if they lose at gambling, they will think they can win in the next game.
And that's why many gamblers don't immediately cash out their winnings. They still want another win, so they just keep gambling until they get another win. But it won't be as easy as they imagine.

[348Judah]

Addicted gambler doesn't even care with math, if they care with match they already know they can't make money through gambling due to house edge. When they hit huge multipliers and earn a lot money, they think the amount they make is a bonus, so they will gamble it without any pressure in order to earn more.

That's why someone can't stop to gamble, either you lose or win, you will keep gamble.

Gamblers who are addicted to gambling only think about gambling. They don't care about mathematics because they care about how they can place bets with their money and win.
But when they win from gambling and win, they don't want to stop gambling but even more want to get another win even though they already know that they won't necessarily be able to win again in the next game or round.
Maybe if they lose at gambling, they will think they can win in the next game.
And that's why many gamblers don't immediately cash out their winnings. They still want another win, so they just keep gambling until they get another win. But it won't be as easy as they imagine.

To understand this more better, mathematics is needed in gambling but not necessarily the reason behind why any gambler should make winning, when we are gambling, we also needs to have some mathematical reasonings to have in mind and use for the best of our own interest, this will aid the performance on what we make as decisions on some particular games we are playing, this is more of having a logical reasoning ability and not directly the applicable use of mathematical functions in gambling, most happens subconsciously.

[cafter]

Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?

I have seen many youtubers and streamers that if they win one time they win more often I don't know why but maybe they are lucky enough to win every game or most of the time.
It can happen sometimes but we do not need to play more thinking it is my lucky day, it takes just minutes for casino to make your lucky day into unluckiest day of the life.
so I just secure my profits after a big win but it happens with me very less I just lose and always lose.

[slapper]

If really good logic was used then it wouldn't be that kind of thinking, but they would know that luck won't come second time at almost the same time.
But if it is said to be strange logic then it is true and usually gamblers with thoughts like that will never be satisfied with their winnings, in fact they will lose more or even more than the winnings they have already won.
If luck can come back then I sure there will be no gamblers who will lose more after winning and continue to gamble again, they will definitely get the same win again.
It just that in reality what happens is that the win is win that cannot be repeated and every gambler should be able to take advantage of the win by withdrawing it, even if only part of it, at least there is money that can be secured.

And it is true that calculated correctly using mathematics, the chance of that luck being achieved again will be smaller.

The gambler who had good intentions to win will bet on the most possibility option in the gambling site.The gambler who find the best possibility in the gambling can easy make money from the gambling site,but most of the gamblers won’t satisfied with their win.So they will do the betting for the longer period,the gambling loss may occur as the mathematics law defines of loss after the win.If the gamblers who not satisfied with the small win may forced to face the big loss in the gambling site.After this the gambler should not spread bad about the gambling sites.The reason for the gambling loss is he doesn’t agree with the gambling giving winnings for their gambling game.

A gambler can only choose which game he thinks can provide big chance of winning and this is just like having confidence in one of the game choices in the casino.
After all, no gambler knows when they will be able to get larger multiplier, but there is thought that often occurs where gamblers think they will be able to get the same win or multiplier.
But apart from that, it can be called feeling of dissatisfaction with what you have got, there are also other factors such as the pursuit of making money, but I still can't understand how gamblers have thoughts like that.
I sure they have experienced repeated failures several times because of their own ambition but they don't learn from these failures and still believe in clear beliefs that only bring destruction, isn't this very detrimental?
The actual calculation in mathematical law is that there will always be price that must be paid if you get profit and defeat is the payment. We must understand logically that there is no victory without defeat.
No one can avoid it but we can minimize it by being wise gamblers, we must be able to save or withdraw certain amount of winnings to protect it so that when we lose we don't lose anything bigger than the winnings we get.

Doesn't it look like they're swaying with chance and choice? We don't understand why they chase losses when the math behind gambling is so harsh.  It's more than just being content and having a big win. A deeper psychic journey happens. Players have to deal with cognitive errors and the odds. The gambler's fallacy, which says that chance events in the past can change what will happen in the future, is a common mistake. They want more than just a win; they want proof that they can beat the odds

Our view on gambling needs to be more nuanced. What we call it is harmful, but isn't it more complicated? Yes, both desire and failure can be bad, and the math behind gambling means that you can't help but lose. But realizing this is the first step toward a better way of doing things. You said that smart gambling needs balance and knowing yourself. It means knowing when to stop, being aware of the risks, and being okay with both wins and loses. Along with gambling, it teaches you how to deal with risks, set realistic goals, and enjoy the trip

[shivansps]

Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?

You say the simple right things. And your arguments are logical. But there is a big problem for some people that does not allow them to understand this. Some people turn off rational thinking when they lose money or win money. Both can lead to problems. If a person could control himself, he would take the money and leave instead of losing every penny

[Fortify]

Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?

People are often seeing, I have x and the higher the multiplier means I could have x multiplied by y. It is driven by pure greed, let's be frank, and is what keeps casino and bookmakers in business. Everyone tries to beat the bookmaker, but it's one of the oldest professions around and with a bit of basic knowledge can be very profitable. A lot of gamblers also aren't interested in the math or may simply not be able to comprehend the magnitude of odds against them. It's why parlays/multibets are so profitable, because not only do bookmakers knock down the odds but string together multiple high odds makes the chances a player will lose exponentially higher. So yes, everyone should try to refine and understand the basic math involved in games.

[Johnyz]

Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?

They are not thinking about the Math here actually, they are more focus with their emotion and thinking about the luck after wining. Gamblers can be very greedy after winning and that’s normal. Who will think about Math in that situation? Not unless you have you strategy in the first place then this is possible. If you are going to gamble and will able to get big win, make sure that you have your exit plan and know how to secure some profit.

[Blitzboy]

If really good logic was used then it wouldn't be that kind of thinking, but they would know that luck won't come second time at almost the same time.
But if it is said to be strange logic then it is true and usually gamblers with thoughts like that will never be satisfied with their winnings, in fact they will lose more or even more than the winnings they have already won.
If luck can come back then I sure there will be no gamblers who will lose more after winning and continue to gamble again, they will definitely get the same win again.
It just that in reality what happens is that the win is win that cannot be repeated and every gambler should be able to take advantage of the win by withdrawing it, even if only part of it, at least there is money that can be secured.

And it is true that calculated correctly using mathematics, the chance of that luck being achieved again will be smaller.

The gambler who had good intentions to win will bet on the most possibility option in the gambling site.The gambler who find the best possibility in the gambling can easy make money from the gambling site,but most of the gamblers won’t satisfied with their win.So they will do the betting for the longer period,the gambling loss may occur as the mathematics law defines of loss after the win.If the gamblers who not satisfied with the small win may forced to face the big loss in the gambling site.After this the gambler should not spread bad about the gambling sites.The reason for the gambling loss is he doesn’t agree with the gambling giving winnings for their gambling game.

A gambler can only choose which game he thinks can provide big chance of winning and this is just like having confidence in one of the game choices in the casino.
After all, no gambler knows when they will be able to get larger multiplier, but there is thought that often occurs where gamblers think they will be able to get the same win or multiplier.
But apart from that, it can be called feeling of dissatisfaction with what you have got, there are also other factors such as the pursuit of making money, but I still can't understand how gamblers have thoughts like that.
I sure they have experienced repeated failures several times because of their own ambition but they don't learn from these failures and still believe in clear beliefs that only bring destruction, isn't this very detrimental?
The actual calculation in mathematical law is that there will always be price that must be paid if you get profit and defeat is the payment. We must understand logically that there is no victory without defeat.
No one can avoid it but we can minimize it by being wise gamblers, we must be able to save or withdraw certain amount of winnings to protect it so that when we lose we don't lose anything bigger than the winnings we get.

You apparently correct but most times, even the games that we don't trust win but the ones we trust get cut sometimes, however I do like to say that luck is the number one thing a gambler should pray for and not to trust an odd because no odd is sure, every odds have a chance of losing.
No body will ever tell you this unless you sit down to think about it, this same situations makes most gamblers to gamble more and also lose more anytime they are trying to chase their losses.
Although I don't blame those gamblers that are trying to chase their losses because most of them have use a loan money to gamble or someone's money, but the truth is that no gambler should ever use a loan money to gamble, instead they should not gamble if they done have the money to catch the fun.

Your point emphasizes gambling's unpredictability and hazards. In our world, luck rules and certainty is an illusion. Despite this, gamblers often believe they can beat the system. It's a psychological trap - "beating the odds" is appealing but unlikely. We must acknowledge this.

A friend, an enthusiastic gambler, thought he had perfected betting. He kept betting after losing, believing his strategy was good. He was riding chance, but reality was cruel. His example shows that gambling, especially with debts, is risky. Leisure activities should be done with money you can lose.

Gambling to recover losses is risky, especially with borrowed money. A spiral of loss and desperation typically results. Gamblers must accept this fact and bet wisely, acknowledging luck and our boundaries.

[STT]

Odds are variable and unknown in many games, its why some prefer to calculate precisely in card games that were being played a hundred years ago or more.   Some games the amount of luck required to win can be external to any one user, it can be the machine itself will pay out by its own determinations.  I think I do prefer the known odds in as much as they are variable but the game so well played that its easier to state the outcome on average over a hundred tries.  It really depends what people prefer to play and how,  I've done well on slots but now I think back Im not sure how I pulled it off especially except I played fairly low in my bets but many spins and tried to cash out each day when ahead so that I may come back.  Others want to press the luck till it breaks then walk, its hard to know when for sure.

[Findingnemo]

Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?

I know the law of gravity but what is the law of mathematics regarding luck?  Did you mean probability?

Strange but it make sense, let say you bet $1 and hit 100x so the reward will be $100 and you decided to continue because you felt the luck factor so I won't be surprised if you did repeat $1 bet 10 times or 20 times even after the continuous bust, it doesn't make any sense if they lose 99 times and believe that remaining 1 will give another 100x.

[Sanugarid]

Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?

That's right, the chance of luck is very low when it comes to gambling. There are also people who really hope to win again once they win, you can't take that away from a gambler but you must still control yourself, you must know when to stop. The others are losing their self-discipline, they forget their responsibility as gamblers, so winning ends up in tears.