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Author Topic: How do i handle my first gambling experience  (Read 2038 times)
South Park
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February 18, 2024, 07:59:11 PM
 #281

Yes, losses are bad, especially in gambling, where they can be serious. Gambling habitually can plunge you into financial ruin. Entertainment quickly turns into a quest for rare wins.

According to personal experience, the first win can be a siren song, convincing the novice of constant success. Dangerous illusion. From casual gambler to greedy gambler is subtle but profound. This shift shows in the belief in chasing bigger successes against the odds. I think recognizing and addressing these habits is vital. Gamble for fun, not deception.
Some newbies gamblers let themselves to be blinded by a small success and then believe those results can be repeated over and over again, but they are just jumping to conclusions without having the evidence this is the case, as if they actually took the time to evaluate if their new beliefs are true they will soon discover this is not the case, and once they make that realization they could easily avoid making the mistake of betting much more money than what they can really afford to lose.
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February 19, 2024, 11:40:22 AM
 #282

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That's right, I believe that what you're saying is a fact that people do experience when they're in a losing situation, trying to identify their mistakes in ways that sometimes seem absurd to most normal people. The point is, if you are always looking for something in the sense of trying to find what you did wrong that made you end up losing then obviously I think your actions are completely futile, and you will only create your own excuses which are basically not the real reasons that made you lose.

However, as I said before, these are the things that you will feel when you come without a proper understanding of gambling, you will look for anything that you think is reasonable enough to be the reason why you lost at that time. This is actually a completely absurd action because the randomness of the algorithm implemented by the casino makes it impossible for us to identify the location of the error, so don't take gambling too seriously, because the name of gambling is always about winning and losing which will always be the answer at the end of the session, it's actually very simple, if you lose it means you are unlucky.

Well said. Indeed, if you think of it, there is an "error" in your actions when you spin the reels of a slot and don't win a big amount as a result. If you made that spin a split of a second later you could win. But the thing that it's unknown when to press that button. And it can't be known when is that "right moment" by design.

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February 27, 2024, 11:33:36 AM
 #283

And it can't be known when is that "right moment" by design.
You are going to be leaving that on the luck factor at that instant. Whatever happens next, the player needs to make a bold decision as to whether continue or not. A win and they can keep it and leave, a loss and they should also leave keeping the rest of the balance intact.

For a first time gambling, I suggested the OP to have fun and keep a limit on to what they play with. Let that be a learning experience for them as to why the casinos always win run profitable and the players always walk away with losses.

Even then, they should have fun and visit again after a year.

 
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February 27, 2024, 12:53:23 PM
 #284

And it can't be known when is that "right moment" by design.
You are going to be leaving that on the luck factor at that instant. Whatever happens next, the player needs to make a bold decision as to whether continue or not. A win and they can keep it and leave, a loss and they should also leave keeping the rest of the balance intact.

For a first time gambling, I suggested the OP to have fun and keep a limit on to what they play with. Let that be a learning experience for them as to why the casinos always win run profitable and the players always walk away with losses.

Even then, they should have fun and visit again after a year.
I agree with that suggestion. Feel the vibe first. Use small bets, learn how the system works, and don't let emotion get the better of you.
For a starter, that will be the key to knowing what's behind the curtains of the gambling system and how the house edge is working. There will be times when we can win x1000 in early initial bets and we will think we are so lucky but then after that, it will be difficult to catch another win. House edge.
That happened to me back when I was still a non-VIP rank. I was so sure that my account was lucky and I even compared it with other VIP ranks who are having a hard time winning such high multipliers. I was wrong. When I reached the first VIP rank, it became clear to me that winning is really hard at every casino game.
I also suggest OP try and check sports betting and if you like it, limit yourself there and just use the casino games if you want to wager more by placing small bets and running it in auto bet feature.

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