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Author Topic: Logic of some gamblers against math  (Read 521 times)
summonerrk
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December 13, 2023, 01:20:07 PM
 #61

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?

A really strange phenomenon. But it very vividly shows how emotions take hold of a person and how ordinary logic begins to be ignored. After all, anyone who is at least a little familiar with mathematics will understand that every person who wins the jackpot has a very small chance of winning the jackpot again. It's as if lightning struck the same place twice.

Nevertheless, I also hear very often that gamblers do not stop after big losses, but continue to play with increased energy.

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December 13, 2023, 05:34:50 PM
 #62

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?

A really strange phenomenon. But it very vividly shows how emotions take hold of a person and how ordinary logic begins to be ignored. After all, anyone who is at least a little familiar with mathematics will understand that every person who wins the jackpot has a very small chance of winning the jackpot again. It's as if lightning struck the same place twice.

Nevertheless, I also hear very often that gamblers do not stop after big losses, but continue to play with increased energy.

Just winning the first jackpot is also very difficult and only a certain percentage. The gambling system is set in such a way that the jackpot can occur when the dealer already has a lot of profits. Each account will get a jackpot and it's a varying amount or see how much has been deposited, right? Everything is already arranged mathematically. every gambler who continues to play without a jackpot and continues to get big losses, he will continue to play until he gets the jackpot. This is the beginning of them becoming addicts.

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December 13, 2023, 05:45:47 PM
 #63

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.

R


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December 13, 2023, 06:20:37 PM
 #64

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.

Perhaps you are right, the jackpot is something that changes the life of the winner but also affects emotions. I can't imagine what kind of explosion of endorphins occurs in a person's head, and perhaps for the brain it is much more valuable than the actual gain in monetary terms. And it's scary, because it's very difficult to calm down in this state. And only a few will be able to tell themselves: I was just lucky, I need to calm down, take the money and leave the world of gambling.

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December 13, 2023, 06:45:47 PM
 #65

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?

A really strange phenomenon. But it very vividly shows how emotions take hold of a person and how ordinary logic begins to be ignored. After all, anyone who is at least a little familiar with mathematics will understand that every person who wins the jackpot has a very small chance of winning the jackpot again. It's as if lightning struck the same place twice.

Nevertheless, I also hear very often that gamblers do not stop after big losses, but continue to play with increased energy.
When emotion do kicks in then this is the time that you would really be forgetting all of those things that you have set earlier like;

"I would stop if i have lost all my balance"
"I wont stop until i would hit up the jackpot"
"If i do win, the i might win the second one"

These kind of thinking will really be pushing up yourself to play even more and this is something that you should really be that careful on taking up
such action because if you do make yourself that careless then you would really be putting yourself on trouble. These things wont really be an issue for me
as long it would really be just that fair and square then i wont really be making myself that dubious on the games that im playing.
Just have the control then youre good to go.

R


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December 13, 2023, 06:59:32 PM
 #66

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.

Perhaps you are right, the jackpot is something that changes the life of the winner but also affects emotions. I can't imagine what kind of explosion of endorphins occurs in a person's head, and perhaps for the brain it is much more valuable than the actual gain in monetary terms. And it's scary, because it's very difficult to calm down in this state. And only a few will be able to tell themselves: I was just lucky, I need to calm down, take the money and leave the world of gambling.

The change from someone hitting a jackpot from gambling won't last long and it's only temporary because soon they'll be back to risking that money on gambling in the next few sessions and then losing again, on the other hand I would say it's a real victory if you can refrain from putting that money back into gambling, but I think that kind of defense is quite difficult to do, like humans when they have managed to get something quite easily then obviously they will come back again with the intention of getting a much bigger amount.

The burst of endorphins they feel when they get such a surprise from luck makes them feel like they have the upper hand, assuming that they already have a way to get the next win is very certain in the brain system, and after that the overreaction is likely to increase. Basically, it is not uncommon or even the first scenario for people to get into deeper and deeper involvement in what we call addiction.

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December 13, 2023, 07:15:00 PM
 #67

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?
The confusion in the process of gambling is completely different from a person who has time to reflect on it and see silly problems that he himself does not want. To be more precise, it is the behavior of a gambling addict who just wants to continue without stopping, and the greater the greed, there will be no stopping until the addict loses all the money on the next bets.

Psychological behavior is influenced by external influences, it is gentle and exciting, making it difficult for players to know the mistakes behind them. So before deciding on something that is a big risk, always think about your next life, and the impact on your family. I think the moral core of doing anything other than gambling, whether lucky or not, is to understand that this field is not for the majority to win.









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December 13, 2023, 07:22:27 PM
 #68

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?

The gambler after getting some multiple of their betting,he will like to check of their luck survival.Most of the gamblers was not satisfied with some dollars after the winning,he will look more from the same gambling site.But they had forgot about the bad luck which is the problem of the gamblers in gambling site.Not only according to the mathematics,according to the gambling algorithm also the second luck is just an illusion in the gambling.

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.

The winnings will give us joy,but the loss also give us the sorrow.Many of us not ready to talk about the dark side of the gambling,the gamblers should accept both the condition before start of the game in gambling sites.The gamblers should withdraw after their winnings is my opinion on this.

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December 13, 2023, 08:26:33 PM
 #69

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?

The biggest mistake a gambler would ever make, this multipliers usually comes after several failed attempts, and when it finally comes, what's the possibility that it's gonna come again, after that round, you know the saying, you can't eat your cake and have it. I think what drives gamblers to go into such an adventure is greed. You make a significant win by luck and then you automatically assume that you'll be that lucky again because you want more. Some even go as far as betting all their wins on the next round and then end up loosing it all.
This is a common misconception of a player, he invented for himself that he was lucky and believed it. After that he continues betting. There are a lot of such misconceptions when players come up with anything they want just to continue the game and get the emotions they so need. Also, many players study on the Internet or on forums various mathematical strategies that replace concepts. You need to understand that most of this information is nonsense. It is better to double-check information from various sources and try it yourself on small amounts for a long time. Because if we don’t do this, the loss will come to us.

Lol, funny enough this is common amongst several gamblers, makes me wonder where they get this perspective from. Whenever I find myself in that position, the first and only reflex I get is to run, not just walk away, I run away with my winning, because I know that whatever that will make me to spend more time there would result to me loosing the winning and even more. Because after loosing the winning, you'd be filled with nothing but rage and regrets, and those emotions combined in a gambler's heart can make a gambler take irrational decisions that would likely send him into ruin and damnation.
I’m glad that you understand this, the winnings go to a few, and those who keep it are very few, I would even say that there are almost none. The main thing is that they won’t come back after a while. It’s interesting that there are those who won more than $1 million and never dealt with gambling again (I need to find interviews with such people, I’m interested in what they think and think about). I take my hat off to them, it's cool. You still need to control yourself and not make a mistake, this is much more important than trying to do everything perfectly correctly. We can't be robots.

R


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December 13, 2023, 08:55:42 PM
 #70

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?

Unconsciously, the gambler has compounded his money.
There is no mathematical calculation that can be reconciled with this, the system has its own methods that we ourselves don't know the technicalities of.

According to personal experience, there is no guarantee that I will win if I use the money I have doubled to bet again.
That's just a trick of the human brain, when its mind is preoccupied with winning, it automatically becomes greedier.

If they win, then they will do it again, until they lose and realize it doesn't work.

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December 13, 2023, 09:17:46 PM
 #71

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?
The probability to win in gambling is low and that numbers didn’t lie because that is the reality.
Now being greedy is something that you should always avoid because in gambling, its hard to get the same winning result so if you are able to have the profit better to get your capital out and secure some profit before you gamble again or you can just totally leave and enjoy your whole profit.

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December 13, 2023, 11:55:47 PM
 #72

Now being greedy is something that you should always avoid because in gambling, its hard to get the same winning result so if you are able to have the profit better to get your capital out and secure some profit before you gamble again or you can just totally leave and enjoy your whole profit.

I wouldn't called that as a greedy act but there are gamblers who just wants to tried their luck more. Others are able to get a win more while unfortunately, there are others who are not able to control themselves and at the end, their whole bankroll plus winnings were lose.

For sure if you feel the same luck when doing gambling, you will try even more to play and won't stop because you feel lucky at that time.

It's now on your own actions if you will get out immediately after a big win or you will try your luck for more rolls since you are lucky.
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December 14, 2023, 02:06:30 AM
 #73

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 gamblers doing this many times, and 90% of the time, it doesn't have a happy end for the users. They end up losing it all. But some lucky users get big wins back to back, and i consider myself one of those lucky users.

As you can see on this thread, i hit a x9900 and 2 minutes after that i get another x9900... And i know maths says it shouldn't happen, but luck says it's possible.
https://bitcointalk.org/index.php?topic=5466346.msg62847426#msg62847426

Now, when i win big i take like 90% of the profit and keep betting until lose the other 10%, that way i don't feel bad after my session.

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December 14, 2023, 02:20:35 AM
 #74

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?

Everyone has a greedy nature, and is dissatisfied with what they have got, so most gamblers who have won are likely to continue playing by increasing the amount of their bets which could result in them losing the winnings they have earned as well as their capital. what they are betting on, because the winnings they have obtained are a lure or bait given by the gambling company to convince them of gambling which can provide very big wins which can even change someone's life even if the winnings they have obtained are lost and also their capital is also lost, but chances are they will tell their friends that the site they played on was good, and also maybe when they lost their winnings they at least thought they could get their winnings back if they gambled again.

but this is the opposite, where luck doesn't seem to last long for someone, so if they have won, it's best to cash in the winnings they've gotten or at least cash out some of the winnings with the amount of capital they initially deposited, that way even if they lose their winnings At least the capital they bet at the beginning is still safe and has not been reduced.

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December 14, 2023, 07:41:31 PM
 #75

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 called a gambler's instinct, a gambler, when winning, thinks that they are going to win more, and when they are losing, they think that they are going to win in the next bet but that next bet never comes but they still don't lose hope. A gambler never leaves hope unless it's a responsible and sensible gambler who understands that they are just going to keep losing if they continue either after a winning streak/big win or if they are constantly losing their money in a game.

You can barely talk sense into such a gambler who doesn't listen to themselves because of the greed that darkens their mind once they start winning, they only start thinking of winning after that and can never think of the negative consequences of their actions or think of exiting while they are still in profit.

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December 14, 2023, 07:48:30 PM
 #76

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.

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December 14, 2023, 07:59:58 PM
 #77

It's called a heater mate.

You are supposed to keep playing on the heater until you meet a cold section. Most of us especially me, sometimes on the heater not only keep playing but raise the bet by maybe 20-50%. In the heater, you can turn on for 2-4 weeks lose back to even with just a single section. One things people should aware, just need to set up a limit win and stop while you got cold section (streak/multiple lose) after your heater.

Yes, the chance are same but one things people should learn keep doing/bet on heater until you lose after keep betting + raise your bet and then bet back to original bet. That's it, and then call the day.

These choices that gamblers make aren't logical and can't be mathematically explained, just like a rabbit in the headlights keeps running straight, a gambler who hits a winning streak gains confidence to play more and a gambler on a losing streak thinks he has to come even to go home, or that there's a big win just waiting for him next time he bets, he just has to go through all the hurdles of lost games to get to that one.

Don't expect any hardened gambler to be able to explain why they're doing it. They just do, and if you come between them and the game, you're the enemy, not the casino. They'll attack you, even when you're friend or family.

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December 14, 2023, 08:14:17 PM
 #78

It's called a heater mate.

You are supposed to keep playing on the heater until you meet a cold section. Most of us especially me, sometimes on the heater not only keep playing but raise the bet by maybe 20-50%. In the heater, you can turn on for 2-4 weeks lose back to even with just a single section. One things people should aware, just need to set up a limit win and stop while you got cold section (streak/multiple lose) after your heater.

Yes, the chance are same but one things people should learn keep doing/bet on heater until you lose after keep betting + raise your bet and then bet back to original bet. That's it, and then call the day.

These choices that gamblers make aren't logical and can't be mathematically explained, just like a rabbit in the headlights keeps running straight, a gambler who hits a winning streak gains confidence to play more and a gambler on a losing streak thinks he has to come even to go home, or that there's a big win just waiting for him next time he bets, he just has to go through all the hurdles of lost games to get to that one.

Don't expect any hardened gambler to be able to explain why they're doing it. They just do, and if you come between them and the game, you're the enemy, not the casino. They'll attack you, even when you're friend or family.

It’s true, mathematics is a thing against which nothing can be done. And if you flip a coin, then each time the chance of the side not falling out will increase. Game theory and mathematical statistics are the most interesting branches of mathematics. But the fact is that most people are uneducated in this regard, I don’t want to offend anyone with these words, on the contrary, among gamblers, mostly smart people, but they are proud and believe in their luck. But you need to approach the game with cold calculation. Nothing in our lives is determined - life is one huge RANDOM and we need to understand and accept this. And if you come to terms with this, then life becomes easier, and forecasting too.

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December 14, 2023, 09:27:58 PM
 #79

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?
Where do you get that luck from dude? Does mathematics have a general law? I don't really get you and I how you will expatiate more on what you mean by chance of law becomes lesser. Gambling is all about luck except we are betting on skill games that requires more of our skills for us to win a bet. Even the bet too can be more of luck because I have seen many people that bet on games I never believe they could win that game. Whether we are always lucky or not we need to gamble responsibly and make sure we don't gamble too much.

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10,000x
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Nwada001
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December 14, 2023, 10:16:32 PM
 #80

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.

R


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