Features of the worldview of a gambler

[ethereumhunter]

Yes, chasing a jackpot can lead a gambler to losses. He can lose money, time and mental health. However, subconsciously he can achieve exactly this, paradoxically. More precisely, of course, losing money and mental health is not his goal. But this is the price he is willing to pay to his fate for gaining experience.
     As for the jackpot, I was surprised to learn that there are rational strategies for finding it too. I read about a married couple of elderly mathematics teachers who successfully hunted for a large lottery jackpot in the USA. Their strategy was to buy up large lots of lotteries and track the winnings that had already been announced.

Well, if these gamblers can see and read what you write, they should be able to realize that they don't need to gamble too seriously or too often because it will cost them money and time. It will also affect his mental health because he will only think about gambling without wanting to do other things. It will affect his mentality because he will not be able to see other activities that can also give him pleasure. They will think that gambling is the only activity that can give them pleasure.

Yes, some people can get the jackpot prize so they can use the money to improve their lives. The story you got is an example of why, to this day, many people continue to buy lottery tickets because there is a very big jackpot prize that can change their lives. And they will keep trying to buy lottery tickets until they can win the jackpot.

[danherbias07]

The satisfaction that is being given by one game.
For example: Plinko. For me, watching the ball drop gives me pleasure, I don't know why but maybe because of the expectation of the unknown. We lack the knowledge of where the ball will go, only the system knows where it will drop because it is already written in their script. But for us, we are only viewing a UI where the ball drops and somehow it gives some satisfaction to some gamblers.
Of course, the fact that we want to win will always be there, but the excitement it gives that we have a chance that it might fall to a high multiplier will always be there. It's as if we want to control the dropping ball to somewhere that we want it to fall but we don't have the power to do it.

Others might have the same satisfaction as other games while they are playing it at the autobet feature. But for me, I can watch Plinko balls for hours and just be excited at when it will drop on the highest multi-win.
It's actually addictive to just watch it too, sometimes I still watch them while I am eating or when I am doing something else. I cannot just take my eyes off them.

[0t3p0t]

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.

This is true and is also happening here in my village almost everyday on card games or even cock fighting which is the common gambling activity here aside from lottery and mahjong. These people are you guessed it "not good players" but they spend more or less 12 hours straight on that particular game which sometimes ends them up not having dinner or something, they even have kids with them, so alarming right?

That serves as a reminder for me and others that the fun thing we experienced on our first try might be a stepping stone to get into a much worst scenario like addiction.

[Hirose UK]

~snip~

Winning the jackpot is not an illusion because it can really be won but the problem is that many gamblers have fallen deeper into gambling. They keep chasing the jackpot and we know that when their lust takes over them, they will use a lot of money to get the jackpot. But because they are not lucky, many of them lose their money in the competition to get the jackpot and maybe the lucky person doesn't use a lot of money to get the jackpot. When someone is lucky, he can win more than other people. We also can't blame those who continue to use more money to get the jackpot because their desire can increase the longer they lose.

It not just an illusion, but getting it is like something where the percentage is very small or even impossible to get. This is what actually happens in gambling so not all gamblers will be able to get the jackpot.
Chasing the jackpot will be the same as wasting money for most gamblers with limited finances and those who chase the jackpot but with limited finances will feel what is called ruin or even poverty.
But this is different for rich gamblers or gamblers who have large budgets because they can just say they use almost unlimited amounts of money to have fun and of course it will be easier for them to pursue it, although it may not necessarily be successful but it will never be affect their finances.
All of us little gamblers should try to forget about getting the jackpot and better have better mindset like we gamble just for fun and don't really need to hope or chase the jackpot.
Just think more carefully, if chasing the jackpot will only make things difficult, then wouldn't it be better to avoid it.

[piebeyb]

Yes, some people can get the jackpot prize so they can use the money to improve their lives. The story you got is an example of why, to this day, many people continue to buy lottery tickets because there is a very big jackpot prize that can change their lives. And they will keep trying to buy lottery tickets until they can win the jackpot.

Almost the average thing we find today is gamblers who want to hunt for big prizes or jackpots in lottery games, it is impossible for them to buy lots of lottery tickets just to have fun, this is not a casino game that can be used for fun, so there are differences between casino games and this lottery, until now lottery gambling is spread all over the world and there are many types, even where I live, almost the average lottery gambler is not only young people but also elderly parents where they hope for a big jackpot from the lottery prize. that is a fact

But there are also quite a few people who become poor and bankrupt because of this gambling game, even though it is clear that this game is pure luck and does not rely on any skill. If they knew that this gambling relies on luck, they would not need to buy lots of tickets and spend a lot of money, because they have lots of tickets. it is also not possible to win even though the chances of winning are high but do not guarantee a definite win. I'd rather have a few lottery tickets and gamble with a little money. because victory will definitely come if luck comes on the same day.

The point is that games that rely entirely on luck do not need to be played seriously with the intention of spending a lot of money just to buy lots of tickets. buy according to your ability and wait for luck to come 

[Slow death]

The satisfaction that is being given by one game.
For example: Plinko. For me, watching the ball drop gives me pleasure, I don't know why but maybe because of the expectation of the unknown. We lack the knowledge of where the ball will go, only the system knows where it will drop because it is already written in their script. But for us, we are only viewing a UI where the ball drops and somehow it gives some satisfaction to some gamblers.
Of course, the fact that we want to win will always be there, but the excitement it gives that we have a chance that it might fall to a high multiplier will always be there. It's as if we want to control the dropping ball to somewhere that we want it to fall but we don't have the power to do it.

Others might have the same satisfaction as other games while they are playing it at the autobet feature. But for me, I can watch Plinko balls for hours and just be excited at when it will drop on the highest multi-win.
It's actually addictive to just watch it too, sometimes I still watch them while I am eating or when I am doing something else. I cannot just take my eyes off them.

I remember the past when I played plinko, I confess that at that time whenever I clicked for the ball to fall I would start thinking about where the ball would fall and when the ball started to fall, I would be very attentive to watch where the ball would fall, but it was something that made me angry because when the ball was at the top it started to fall on the line where you won a lot, so I got excited thinking that the ball would actually fall on that line where you paid more money, but when the ball reached the middle the things were starting to get annoying because the ball took a detour and started going in the direction that paid less, I spent 5 hours playing and observing this, until the end I came to the conclusion that I should continue playing plinko

Only I would be wasting time and money because in those 5 hours of play it became clear to me that to win and make a profit in that game is not possible in the long term, even in the short term for a person to make some profit they would have to hit a large multiplier that would give them would allow him to win a lot of money and then that person would have to see if that amount of money he won covered all the losses and if so, then the person would have to stop playing forever, if the person continued to play then he would lose everything in the game and start having losses and problems in terms of coming to terms with the many losses. Honestly, I don't see myself playing plinko or other gambling games that depend on luck, I stopped playing all games that depend on luck, I just place sports bets

[ethereumhunter]

It not just an illusion, but getting it is like something where the percentage is very small or even impossible to get. This is what actually happens in gambling so not all gamblers will be able to get the jackpot.
Chasing the jackpot will be the same as wasting money for most gamblers with limited finances and those who chase the jackpot but with limited finances will feel what is called ruin or even poverty.
But this is different for rich gamblers or gamblers who have large budgets because they can just say they use almost unlimited amounts of money to have fun and of course it will be easier for them to pursue it, although it may not necessarily be successful but it will never be affect their finances.
All of us little gamblers should try to forget about getting the jackpot and better have better mindset like we gamble just for fun and don't really need to hope or chase the jackpot.
Just think more carefully, if chasing the jackpot will only make things difficult, then wouldn't it be better to avoid it.

Those who still want to chase the jackpot will keep trying, even if it means using more money. They won't stop until they hit the jackpot, so they will keep trying. If they don't have a lot of money, they will continue to try every time they have money because their goal in gambling is only to win. They should understand that chasing the jackpot is very difficult and requires a lot of money. Even that doesn't guarantee they can get the jackpot because getting the jackpot is only for people who have luck.

But if we compare it with people who have a lot of money, they can gamble longer because they have a lot of money and can gamble for a long time. But even so, these people may not necessarily be able to get the jackpot because the jackpot can only be obtained by those who really have luck. And we, just small gamblers, cannot compete with people with a lot of money because of these limitations. We can only gamble moderately and still have limits in gambling.

Almost the average thing we find today is gamblers who want to hunt for big prizes or jackpots in lottery games, it is impossible for them to buy lots of lottery tickets just to have fun, this is not a casino game that can be used for fun, so there are differences between casino games and this lottery, until now lottery gambling is spread all over the world and there are many types, even where I live, almost the average lottery gambler is not only young people but also elderly parents where they hope for a big jackpot from the lottery prize. that is a fact

But there are also quite a few people who become poor and bankrupt because of this gambling game, even though it is clear that this game is pure luck and does not rely on any skill. If they knew that this gambling relies on luck, they would not need to buy lots of tickets and spend a lot of money, because they have lots of tickets. it is also not possible to win even though the chances of winning are high but do not guarantee a definite win. I'd rather have a few lottery tickets and gamble with a little money. because victory will definitely come if luck comes on the same day.

The point is that games that rely entirely on luck do not need to be played seriously with the intention of spending a lot of money just to buy lots of tickets. buy according to your ability and wait for luck to come 

Yes, it's only normal that more and more people want to hunt for the jackpot prize because it is a lot of money that can change someone's life quickly. However, getting the jackpot will be challenging because they have to compete with many people who also want the jackpot. They will buy lottery tickets with a lot of money and continue buying tickets as long as they still have money. This lottery is one of people's choices when playing gambling because there is a very large jackpot prize.

There is no doubt that if someone buys a lottery ticket using a lot of money, they can run out of money before they can win the jackpot because getting the jackpot depends on each person's luck. Indeed, many people have experienced bankruptcy because they have used a lot of money to buy lottery tickets even though they don't have or don't know whether their luck will come or whether they don't have any luck at all. If someone doesn't want to take too big a risk, that person doesn't need to buy too many lottery tickets and only enough so that they don't lose a lot of money.

So we have to adjust the purchase of lottery tickets to the money we have so that we don't lose much money. There is no guarantee that we can win the jackpot if we are not lucky, so we also have to calculate how much money we want to use to buy the lottery ticket.

[Julien_Olynpic]

If the percentage of people who win the jackpot is small, this does not mean that winning the jackpot is an illusion. But I understand what you are writing about. You are not writing about an accidental win, but about a purposeful one. But even deliberately winning the jackpot is not an illusion. There have been cases in history where people purposefully won the jackpot. It’s just that this is a rather complex and difficult strategy, and it’s not suitable for anyone. I know of a case of a married couple, mathematicians by training, who purposefully hunted for the jackpot and eventually won. I'm too lazy to look for links right now, but it's quite possible. Their strategy was to buy lottery tickets in large quantities and figure out in which states it would make sense to do so. And in which ones not. But any winning of large sums in gambling requires a large investment of time, money and mental energy. This is not suitable for everyone.

[Gormicsta]

Prospect theory, I believe, may help to explain this phenomena. According to this hypothesis, people frequently base their decisions on their perceptions of prospective outcomes rather than the actual probabilities. For example, someone may opt to gamble despite the fact that the chances of winning are extremely slim, just because they are more concerned with the prospective payoff than the possibility of winning. This might explain why some people continue to gamble despite obvious losses.

Another possible explanation for this phenomena is the gambler's fallacy. This is the incorrect idea that if something occurs more frequently than usual within a given period of time.

[Julien_Olynpic]

Prospect theory, I believe, may help to explain this phenomena. According to this hypothesis, people frequently base their decisions on their perceptions of prospective outcomes rather than the actual probabilities. For example, someone may opt to gamble despite the fact that the chances of winning are extremely slim, just because they are more concerned with the prospective payoff than the possibility of winning. This might explain why some people continue to gamble despite obvious losses.

Another possible explanation for this phenomena is the gambler's fallacy. This is the incorrect idea that if something occurs more frequently than usual within a given period of time.

I think that a strategy based on trying to hit a rare winning streak is possible, although in general it is not cost effective, let's put it that way. This is why many people continue to play and continue to lose just because they are trying to hit a long streak of winnings. It’s difficult to say how successful gamblers are at this. Perhaps there are gamblers who eventually grab luck by the tail. For them, this will be confirmation of the correctness of their strategy, although it is just catching their luck. That's why successful players don't let chance dictate too much of their play. Randomness is unpredictable, and lack of control leads to worst-case scenarios.