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Author Topic: Features of the worldview of a gambler  (Read 575 times)
Julien_Olynpic (OP)
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December 24, 2023, 06:11:23 AM
 #1

I watched videos about gambling addicts, in which the channel’s hosts interviewed them. I was amazed at how many of them were pathological optimists. More precisely, it’s hard for me to use the word optimism in conjunction with the word pathological, but still. Any loss for them is just a short-term nuisance. Optimism takes over and they play again and again, not paying attention to loans and debts.
       At the same time, many openly admit that they are gambling addicts. But they talk about it as a minor detail of their lives. They admit that they are gambling addicts, but this does not make them stop. They, as usual, strive to continue the game.
       I have repeatedly encountered the fact that the very concept of risk management is either unfamiliar to them or they do not attach enough serious importance to it.
I would highlight the following features:
1. Pathological optimism.
2. Lack of risk management.
3. The desire to understand some fundamental issues of the game (they talked about this themselves in interviews)
4. Love for the game process itself.
 What do you think are the features of the worldview of a gambler?
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December 24, 2023, 06:48:57 AM
 #2

3. The desire to understand some fundamental issues of the game (they talked about this themselves in interviews)

I don't quite believe this, unless that desire is something like a desire to understand it better in order to make money. Understanding casino games is very simple if you know not very complex maths like taking a percentage and compound interest. The only thing you have to understand is the House Edge and how it acts as compound interest against you every time you bet. But of course, if you understood this you would be thinking about investing in a casino or setting one up, not continuing to gamble.

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December 24, 2023, 06:53:58 AM
 #3

Unless they are losing money they can't afford to lose, I don't think being overly optimistic is really a problem. I know people who like to play cards 3-4 times a week and they aren't necessarily good players (even after tons of experience), but they enjoy the camaraderie and see it as a chance to get out of the house.

I know gambling addiction is a real thing, but once you understand the true nature of the house edge, it makes it hard to spend too much money at a casino (at least for me anyway). It should curb one's "pathological optimism" problem.

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December 24, 2023, 06:55:31 AM
 #4

You have conveyed four important points in the mind of gambler and indeed all of these are what is in their mind so that they too underestimate the impact of gambling and addiction so they will continue to gamble without any desire to stop or recover.
They can still make money and that why these four thoughts are always there, I sure that when they can't make money and are really burdened by debts that have to be paid, these four thoughts will change completely.
They will think more about risks, they will prioritize being on a safe path and they will be able to determine what is the best attitude to avoid all problems from gambling, even indirectly they will also reduce the intensity of their gambling significantly.

But I found that the mindset and attitude of gambler is different, especially for gambling addict, there are gambling addicts who realize that they are addicted and they know what the risks and impacts are, but they don't seem to care because of other reasons such as the assumption that gambling is the only activity that can provide pleasure and be used as companion in times of loneliness.
Several gambling addicts that I met expressed all this directly and they had desire to recover, but that was only a thought because in their hearts they always had direct of continuing to gamble because of anxiety.

We can never equate one gambler with another gambler, for example, both are gambling addicts but from different economic backgrounds, of course they have different ways of thinking regarding their point of view regarding gambling activities and all their risks.

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December 24, 2023, 06:55:44 AM
 #5

They're not going to stop because they're addicts, I think that's been the reason for their interview in the first place, I don't think that they'll be stopping anytime soon if they're addicted, sure there's some addicts that's wishing or planning to stop in the future but their current mindset is that they need to get their fix and gamble more to feed the addiction. I'd like to go on a limb and say that the reason why they're unfamiliar with risk management is that they haven't heard of it before or someone misinterpreted it to them somewhere along the way or they've been built up as a kid where risks are always taken and that they're encouraged to do risky things.



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December 24, 2023, 07:23:01 AM
 #6

One thing I know about gamblers and its addicts is that there is the believe and zeal to win is always there. They are optimistic to win and that is why they another game for next round try and unfortunately winning is not given on a platter of gold so either they fail more or they are just within a fair luck here and there as we know the house edge override the possibility for a winning over losing. There is a believe to win and that is why the next game is queued up without recourse to loses, debt loans or emotional stability.

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December 24, 2023, 08:17:48 AM
 #7

      At the same time, many openly admit that they are gambling addicts. But they talk about it as a minor detail of their lives. They admit that they are gambling addicts, but this does not make them stop. They, as usual, strive to continue the game.

Gambling addicts doesn't mean someone going worst by starting to behaving uncontrollably someone can be gamble addicts and stay within their bands or limits. Meaning whatever they are staking with is something they can be able to lose at this point even though one doesn't involved him/herself staking higher amount of money but still remain within their budgets then such person(s) are responsible gambler but doesn't allowed the addiction to surface on their behavior and characters and so on, the general public wouldn't know they are gambling addicts, but what matter is their consistency being the optimism to have at least a possible winning.

Then again playing for fun and passion, there are people who gambles naturally for profits even though that is the major points of most or almost all gamblers but the maturity behind this is what matters, some people can not maintain within their budgetary in gambling rather when they lose today, tomorrow they increase their wager at this point they are allowing the addiction to surface over them while sending bad messages to general public about their misconducts.

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December 24, 2023, 08:56:25 AM
 #8

~
I'd say in general any addict has that loss of sense of risk? Or common sense even of some part or form if I were to describe it. It's dumb from a normal persons perspective yea, but it exists, just like how depression and mental illnesses do (which addiction is a part of afaik?) This loss can basically spiral out and make them lose a lot of other related stuff such as, well, common sense with regards to how the game works, that the house always works, and the simple fact that money that you're "about" to get is not yours until you get it. Sadly addicts have that sort of mindset that the money is already theirs if they just keep playing or something.

R


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December 24, 2023, 09:10:23 AM
 #9

What do you think are the features of the worldview of a gambler?

I guess we would like to have fun and make some money while we have fun, the best way to earn money, right? And sometimes we make money, sometimes we lose, it's gambling... but some people play to recover what they have lost and to make an extra bucks, that is a problem. When you are at a big loss you need to raise the stakes if you wish to win big, but that usually leads to an even bigger minus.

I guess some people are way too optimistic about gambling, that can be a good thing, but we need to be aware of the possibility of losing the entire balance. It's gambling, that's why we need to play only with money we can afford to lose. When I deposit money in some casino I am ready to say goodbye to that money.

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December 24, 2023, 09:10:34 AM
 #10

A gambler believe that there is high hope in every stake, but that's a very big fallacy, gambling is very affictive in nature and it has changed their mindset, a gamblier believes that a game lost is an opportunity to win next time, at this point stopping or quitting is not an option again, this is now part of them, they see any advice to quit at this point as a discouragement that has come to deprive them the opportunity that's ahead, a chronic gambler can do a thing to make him or herself indulge in the act when they like, sometimes I use to think that there is something in this game that's hidden that we don't know but that's left for another day.

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December 24, 2023, 09:15:20 AM
 #11

addicted to gambling just want to get a lot of money, no matter how much they get from winning they won't care and continue playing, and conversely no matter how much they lose, they won't care, they just want to play to get a win and a cycle like this is difficult in control that they won't even sleep soundly when they have money to play with

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December 24, 2023, 09:23:57 AM
 #12

      At the same time, many openly admit that they are gambling addicts. But they talk about it as a minor detail of their lives. They admit that they are gambling addicts, but this does not make them stop. They, as usual, strive to continue the game.
This is the most important point in my opinion because not many people who are addicted to gambling realize that they are addicted to gambling, that's why I think it will be easy for them to cure the disease if they consciously feel addicted to gambling so they can change their mindset a little and reduce gambling activities to can recover but if they choose to continue playing gambling. no problem either.

Usually people who are aware that they are addicted do not find it difficult to cure it because they just have to move themselves to get out and stop their addiction by force, I'm sure it works because so far gambling addicts who are truly addicted have never realized that they are addicted to gambling even if they If he loses all his money and his family, he certainly won't realize it either.

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December 24, 2023, 09:33:41 AM
 #13

3. The desire to understand some fundamental issues of the game (they talked about this themselves in interviews)

I don't quite believe this, unless that desire is something like a desire to understand it better in order to make money. Understanding casino games is very simple if you know not very complex maths like taking a percentage and compound interest. The only thing you have to understand is the House Edge and how it acts as compound interest against you every time you bet. But of course, if you understood this you would be thinking about investing in a casino or setting one up, not continuing to gamble.
It would be good if OP make some clarification about this. I noticed something about addicted gamblers, they believe that if everyone is losing money on a particular game, they believe that they can study the game better and translate it into money. They will try different strategies to win but continue to lose. I think this is what OP is talking about. And it is true, that is how addicts think without thinking more about risk management.

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December 24, 2023, 10:46:14 AM
 #14

They are gambling addicts because they still believe that something will come up, they accept they are addicted but they can't stop, the reason why they can't stop is because they have hope in mind with gambling, the first thing to accept as a new gambler is that..

Gambling won't make you rich.

Gambling is not a source of income.
 
I am confused how people can believe that gambling will get things done for them, I hate that idea and mindset, to acquire everything you wanted you will break a sweat, you will do this and that to meet your needs, so how can something come up to fix this working to achieve things idea?

You are been scammed already without realizing, your mind is been deceieved, even the Holy Bible says we humans should work to get food on our table, gambling isn't a work, why are people expecting so much from it? Isn't this why the casino business is a lucrative one? Because people can't do without believing the wrong hopes and dreams, just like gambling.

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December 24, 2023, 11:24:47 AM
 #15

You get people who are addicted to something, but they have not admitted to themselves that they are addicted. Those types of people usually act as if it is something little and something that they can handle.

Just go to a alcohol anonymous meeting and ask the people there, they will tell you that all addiction work that way, until you admit that you have an addiction and when you reach out for help.  Tongue

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December 24, 2023, 11:27:30 AM
 #16

All I can say is, try to enjoy the games more than expecting to make some money, unless you are already an idiots, we all know that it's very hard to make money in gambling, how hard can this be to accept?

Use what you can afford to lose, gamble on games you like and make sure you don't spend too much time on casinos, you need to set some.boundaries, getting too involved with gambling can create a different desire in you.

You have a life to live, enjoy every minutes of your time and avoid setting yourself back to the beginning, don't be a reckless gambler, instead be strong in mind and accept the truth, gambling can't ever be a source of your income, it can be a sure source of entertainment.

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December 24, 2023, 11:54:46 AM
 #17

Gamblers are always optimistic, that’s one thing I know for sure. You can watch a gambler lose 5 straight losses and he still believes and tells you that he will win. There people who have very severe gambling addiction, and some of them have not even won quarter the money they have lost, but for some reason, they keep believing that they will win and keep gambling and throwing their money at it. Additionally, they sometimes lose the sense of risk. Someone who was staking a little amount will suddenly start staking huge amount, forgetting that the money at stake is just too much.



 

 

 

 

 

 


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December 24, 2023, 12:17:57 PM
 #18

I watched videos about gambling addicts, in which the channel’s hosts interviewed them. I was amazed at how many of them were pathological optimists. More precisely, it’s hard for me to use the word optimism in conjunction with the word pathological, but still. Any loss for them is just a short-term nuisance. Optimism takes over and they play again and again, not paying attention to loans and debts.
     
I have studied the subject for a while as a hobby, as it overlaps my special interest of evolutionary psychology and cognitive biases. And correct me if i am wrong, but i don't think pathological optimism is the scientifically recognized term for it, but more like optimism bias said in layman's terms. Or more specifically pathological gambling caused by excessive optimism.

At the same time, many openly admit that they are gambling addicts. But they talk about it as a minor detail of their lives. They admit that they are gambling addicts, but this does not make them stop. They, as usual, strive to continue the game.
       I have repeatedly encountered the fact that the very concept of risk management is either unfamiliar to them or they do not attach enough serious importance to it.
I would highlight the following features:
1. Pathological optimism.
2. Lack of risk management.
3. The desire to understand some fundamental issues of the game (they talked about this themselves in interviews)
4. Love for the game process itself.
 What do you think are the features of the worldview of a gambler?
Animals like people are wired to be addicted, they like to respond to supernormal stimulus way more then things that are actually essential for their well-being, and if you combine for example ADHD to the mix, it adds to lack of risk management. But risk managament itself is already modified by the neurochemistry of addicts, probability is subjective thing to them and they see it via magical thinking. I am currently writing an article about this to here, but it gets delayed as i have a busy schedule during winter. But in short: It's not because lack of understanding. Addicts understand what they are doing. They are just unable to control it. It's a neurochemical issue, and sometimes overlaps with adhd symptoms.

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December 24, 2023, 12:22:36 PM
 #19

I think those who feel they are addicted to gambling can still control themselves. They only often return to the casino to gamble and do not cross the line and maybe it is a gambling addiction for them. They believe that they can still win from gambling and that is why they still return to gambling until they win. Even if they win, they will still return to gambling.

The most common characteristic of gamblers is a lack of risk management, so many gamblers do not understand how to manage their risks so that they do not become large. Most gamblers will continue to return to gambling because they want to win but they do not manage their gambling expenses, causing them to experience large losses. But they also like the process of gambling so they keep coming back to gambling too.

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December 24, 2023, 12:28:37 PM
 #20

Risk management is what many people overlooked unfortunately 🤦 and this is what is killing them, if the risks they are taking is the most minimal, they won't be affected, even if you are poor you only need to cut your clothes according to your size.

If you are poor you can still be a gambler, but make sure you are not jobless, they are both not the same, someone who still have a source of income, even if it's very thinly is better than someone who have no source of income, they can be both poor but the difference will be there.

Assuming you have a source of income but it's very little but you have interest in gambling, you need to avoid comparing yourself to friends or people that can afford to risk $50 on gambling, if $50 is your monthly income, I expect you to risk $1 on gambling in a month, yes, some people won't like this but people still place bet with $0.20 in my country and they won in sports bet.

Nothing beats cutting your clothes according to your size, if you lose the $1 it's just a small amount of your whole monthly income of $50, way better than risking when $10, you can food yourself that $10 is what you can afford to lose, but for someone who makes $50 monthly, risking $10 is too much, it's simply something you can't afford to lose, you shouldn't even try it.

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