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Author Topic: Gambling mistake repeated by the gamblers  (Read 6220 times)
leonair
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March 29, 2024, 03:55:42 PM
 #461

Chasing losses and not being able to stop and withdrawing money when you get a profit because you think it's a lucky day and thoughts like this are the result of not being able to control yourself so you are dominated by greed.
Unfortunately, many gamblers repeat this mistake, it could be because they are gambling with money that they cannot afford to lose, so they are always trying to get back what they have lost, and when they win, they are not satisfied because after calculating it, it is not comparable to what they have lost, even though it is difficult it's even impossible to recover what you've lost in gambling, even if you can, it's just because you're lucky.
I agree with you, indeed it happens because there is no good self-control. In the absence of good self-control, gambling is unlikely to be stopped, because in my opinion the absence of self-control is tantamount to unclear thinking and this unclear thinking will encourage us to continue gambling because most likely unclear thinking is only thinking about winning, and if the gambling that is done cannot be stopped, maybe what will happen is greed.
The fact is that gamblers like this I think they are not prepared for the money they will lose, because with gambling it is clear that the final possibility that will occur is defeat but that they cannot accept, as a result they cannot stop gambling because they want to recover the money they have lost by gambling that ends up disappointing.
Controlling yourself may seem easy when you think about it, but we all lose our emotions time and time again. and this is why we regularly take wrong decisions. a calm mind is needed to make a correct and potential decision but emotions and greed always excite our calm mind and that is why we keep losing in gambling yet keep coming back to gambling. A person who can keep his emotions and greed under his control finds success in his life

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March 29, 2024, 04:38:32 PM
 #462

casinos are mostly based on math and human emotion
people want the thrill of winning, that is for sure
and with math and good systems you can limit downside, as you say it's always a good day for the house

Yes, that is very correct, what is clear is that the mathematics of casinos is very random, they have a system and modeling that is difficult to predict, well in every sense chance is difficult to predict, I personally have always looked for ways to find some tricks, strategies for the games, but it is difficult, because everything is based on luck, sometimes mathematics and statistics, sometimes the mixture of all that that one applies does not work, they do not make much sense, because the random system is very concentrated there to give the house advantage to the casino, that is why every time we win in a casino, we must be smart, we must always look for a way to withdraw as soon as possible, those who leave the money in the casino lose it some time later For that reason it is better to withdraw whenever possible.
Is the mathematics, statistics and system here to limit ourselves from excessive gaming so that our finances when gambling can be controlled, or is it more for the casino to have control over this so that many players will lose if they don't know about it?
I'm a little confused here
Well, in part things are very prone to thinking that everything is formed by mathematics and of course, in the programming under which the casino has the advantage and that is based on statistics and mathematics, so what I have always said is There are many players who make their bets based on statistics and probabilities to be able to beat the casino but it doesn't work for them because there is always a random and precise fact that is the factor that often favors the casino, this is what we normally know too Like the house edge, so these things are kind of confusing in themselves, but in fact they are the things that we need to understand.

Casinos have always been a big business and their basis is the home advantage, but it is still difficult to do something that, helped with mathematics and statistics, can give a favorable result to the player, so that is why everything is based on luck. .

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March 29, 2024, 04:45:25 PM
 #463

Been overconfidence is one of the trending misconducts dealing with some gamblers in gambling because they will never get satisfied with little and instead, wants for more and more, but everyone of us gambling cannot be the same and be winning at the same time, where do we want them to source for the money to pay us for winning, we are only gambling for been entertained, some are too greedy and they also express overconfidence in gambling to the extent that they barely win.

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March 29, 2024, 04:48:03 PM
 #464

Chasing losses and not being able to stop and withdrawing money when you get a profit because you think it's a lucky day and thoughts like this are the result of not being able to control yourself so you are dominated by greed.
Unfortunately, many gamblers repeat this mistake, it could be because they are gambling with money that they cannot afford to lose, so they are always trying to get back what they have lost, and when they win, they are not satisfied because after calculating it, it is not comparable to what they have lost, even though it is difficult it's even impossible to recover what you've lost in gambling, even if you can, it's just because you're lucky.

I think it all starts with a person's inability to accept the fact of loss or defeat which in turn makes it difficult for them to control themselves when they lose and in the end it is clear as you said that the action they will take is gambling with the intention and purpose of chasing victory in order to reach the recovery phase, this is a situation when someone is losing and also when the situation is winning still I would say that it is not a real win for them because after all this type of gambler will find it difficult to completely ignore the greed aspect in him so as you said that they feel that this is his lucky day and instead of immediately cashing out his winnings but they prefer to continue the session in the hope of getting a bigger amount.

Usually this is a typical gambler who has entered the addiction phase where when they win they are greedy and when they lose they are unable to accept reality, and yes I agree with you that most likely they are gambling with money that they cannot afford and also in addition to carrying the intention and purpose to earn so in the end the results at the end of the session are always disappointing, they only think about winning and do not think about what if they lose.

These gamblers are comfortable with chasing losses, it's a psychological factor that's not crucial in positively helping a gambler's journey. Such players don't research for fresh ideas that'll prevent the multiple losses caused by chasing losses. They think the strategy is the only way out of gambling. That's why the players tend to stick to the idea and not stop, despite getting lots of losses. I don't blame these players, due to their inability to make changes by themselves. They'll only be blamed for not trying to read up or try new means of gambling and quit compulsive gambling behavior. Well, nobody is bigger than what he doesn't know. I think such players are not equipped with gamblers who would show them the right gambling attitude.

Most of them are carried away by similar players, with mutual behaviors. At the early stage of gambling, these players make this decision willingly. But along the line, it begins to occur involuntarily. Many of them never realize this anymore, it's now their gambling culture. To play away all their funds whenever they gamble. The wins aren't enough, because a lot has been lost. Hence the tradition continues that way for a long time till the person can't get over it. They lack control and because of this, the player wouldn't have the energy to stop this or completely get satisfied from gambling in this manner.

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March 29, 2024, 09:44:18 PM
 #465

Well, in part things are very prone to thinking that everything is formed by mathematics and of course, in the programming under which the casino has the advantage and that is based on statistics and mathematics, so what I have always said is There are many players who make their bets based on statistics and probabilities to be able to beat the casino but it doesn't work for them because there is always a random and precise fact that is the factor that often favors the casino, this is what we normally know too Like the house edge, so these things are kind of confusing in themselves, but in fact they are the things that we need to understand.

Casinos have always been a big business and their basis is the home advantage, but it is still difficult to do something that, helped with mathematics and statistics, can give a favorable result to the player, so that is why everything is based on luck. .

what you said is also true. Casinos are actually very cunning in taking their players' money by tricking their players into thinking they can be beaten with mathematics and statistics. because actually the game algorithm has been modified in such a way that the result is not the original algorithm. So no matter how good a person is at analyzing the game, they will still lose and the casino will win.

Even if I rely on luck, I think only under 50% can win the game. So the more often you play, the more profitable the casino will be.

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March 30, 2024, 02:42:34 AM
 #466

Well, in part things are very prone to thinking that everything is formed by mathematics and of course, in the programming under which the casino has the advantage and that is based on statistics and mathematics, so what I have always said is There are many players who make their bets based on statistics and probabilities to be able to beat the casino but it doesn't work for them because there is always a random and precise fact that is the factor that often favors the casino, this is what we normally know too Like the house edge, so these things are kind of confusing in themselves, but in fact they are the things that we need to understand.

Casinos have always been a big business and their basis is the home advantage, but it is still difficult to do something that, helped with mathematics and statistics, can give a favorable result to the player, so that is why everything is based on luck. .

what you said is also true. Casinos are actually very cunning in taking their players' money by tricking their players into thinking they can be beaten with mathematics and statistics. because actually the game algorithm has been modified in such a way that the result is not the original algorithm. So no matter how good a person is at analyzing the game, they will still lose and the casino will win.

Even if I rely on luck, I think only under 50% can win the game. So the more often you play, the more profitable the casino will be.

That's it, you hit the mark, in reality things in casinos are always given to a company, to a business, to make profits, I don't know of any company that is dedicated to offering a service and has losses, and in this case it happens such a thing, because they are going bankrupt, then mathematically and statistically the casinos are in the capacity of having their algorithms very well positioned to guarantee their profit, and since this is globally accepted, we as players have to know these things to not crash. the worst way, that's why we must be very mature when it comes to playing, thus accepting casino things, like losing, winning, if we win then we withdraw, we must make all of this very clear so that we do not suffer more deceptions later, like this Every time you have a decent profit, it is best to withdraw that money and enjoy it, that is taking advantage.

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March 30, 2024, 02:53:15 AM
 #467

When most gamblers place bets, they are confident that they will be able to win a lot of money. But their greed works when they don't stop gambling after making some modest gains, but instead continue one. Most of the time new gamblers and greedy gamblers face this loss more when they go to bet, they bet to earn more money due to which they lose their money at one time. You are right though that confidence always leads a man down in gambling, when a user and player is confident that he will win the bet, then he gradually starts losing. When he bets, he puts more money into gambling so that he can earn more money from it, and his confidence is never justified. So overconfidence always leads a player to losses due to which one time he loses his money, so I think overconfidence is not good at all for gamblers.

R


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March 30, 2024, 03:36:58 PM
 #468

Any wrong doing in which cost us the loss of the bet we play should be a lesson on us and if we fail to learn and such repeated itself, then we have just refused from learning in our mistakes, though i will say it is more better that we learn from others mistakes than we learn from ours because it would have cost us something important, anytime we are gambling, we should be focused and continue in learning in other to avoid making repeated mistakes.
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March 31, 2024, 04:23:53 AM
 #469

The errors can be of various types, e.g. the error when setting up a game and not realizing the size of the bet, or the WC, then there are the errors of not understanding the probabilities, the house percentage, and finally there are the management errors: bankroll, hours of play, etc. You have to parameterize that, it cannot be generalized.


The thing is that in gambling there is occurrence of mistake and if you have not make a mistake in gambling you have never started because it is not a game of what you can learn and the understand it is a game of opportunity and the lock that is why whenever you see people complaining of gambling neither there are losing in gambling or there are benefiting in gambling do not involve yourself because they know the advantages and the disadvantages of gambling before they entered into gambling, basically I don't like to discuss offer the benefit of gambling and losses of gambling

Your thoughts are a case to analyze.

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March 31, 2024, 05:33:13 AM
 #470

When most gamblers place bets, they are confident that they will be able to win a lot of money. But their greed works when they don't stop gambling after making some modest gains, but instead continue one. Most of the time new gamblers and greedy gamblers face this loss more when they go to bet, they bet to earn more money due to which they lose their money at one time. You are right though that confidence always leads a man down in gambling, when a user and player is confident that he will win the bet, then he gradually starts losing. When he bets, he puts more money into gambling so that he can earn more money from it, and his confidence is never justified. So overconfidence always leads a player to losses due to which one time he loses his money, so I think overconfidence is not good at all for gamblers.
Most gamblers who win once they gamble become so addicted that they lose twice as much money as they win by betting twice as much. Due to greed, they are more prone to losses. Gamblers who are overconfident about themselves who overconfident bet twice as much to catch such a bad catch they lose a lot of money at one time they are losing a lot of money so this kind of self-confident gambler is very vulnerable to such self-confident gambling many times they gamble on themselves  It is not right to play in such a way as to harm oneself.
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March 31, 2024, 07:29:32 AM
 #471

Any wrong doing in which cost us the loss of the bet we play should be a lesson on us and if we fail to learn and such repeated itself, then we have just refused from learning in our mistakes, though i will say it is more better that we learn from others mistakes than we learn from ours because it would have cost us something important, anytime we are gambling, we should be focused and continue in learning in other to avoid making repeated mistakes.
If you can learn from your mistake, you will becomes a wise responsible that can adapt in many situations. They will not trying to chase the win because that can makes them lose much money. When they make another mistakes, they will try to introspect what they already done and search the mistake so they can fix it and not doing it again. They will carefully when they playing gambling and not follow their greed, intention, or any whisper in their ears because they knows that will only makes them forget with their rules and will caused them lose much money. Yes, learning from our mistake is a good teacher for us because we knows how to fix the mistake and will knows how to prevent the other mistakes not to comes up.

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March 31, 2024, 07:50:50 AM
 #472

Chasing losses and not being able to stop and withdrawing money when you get a profit because you think it's a lucky day and thoughts like this are the result of not being able to control yourself so you are dominated by greed.
Unfortunately, many gamblers repeat this mistake, it could be because they are gambling with money that they cannot afford to lose, so they are always trying to get back what they have lost, and when they win, they are not satisfied because after calculating it, it is not comparable to what they have lost, even though it is difficult it's even impossible to recover what you've lost in gambling, even if you can, it's just because you're lucky.
I agree with you, indeed it happens because there is no good self-control. In the absence of good self-control, gambling is unlikely to be stopped, because in my opinion the absence of self-control is tantamount to unclear thinking and this unclear thinking will encourage us to continue gambling because most likely unclear thinking is only thinking about winning, and if the gambling that is done cannot be stopped, maybe what will happen is greed.
The fact is that gamblers like this I think they are not prepared for the money they will lose, because with gambling it is clear that the final possibility that will occur is defeat but that they cannot accept, as a result they cannot stop gambling because they want to recover the money they have lost by gambling that ends up disappointing.

Well, that's not what we often experience from gambling. I believe what we are discussing in this post is a cycle that we often experience in every gambling session. Even though we have good self-control, it is difficult for us to stop our inherent human nature. yeah, greed, curiosity, the desire to win again and again, have become part of us. especially, when it comes to gambling that involves money as a means of betting. I'm sure most of us have had the same experience, even though we actually have the idea of ​​self-control.

The problem is, in practice it's not as easy as we discussed in this post. For me, it all depends on the situation and conditions when we carry out the betting session, the results of which will determine how we respond to gambling at that time. continue, stop or rest for a moment. Ego, feelings, anger will be involved when we lose, let alone in a row. moreover, in winning conditions. well, so how should it be. I don't have an answer to that. but the point is, it all depends on us. where awareness, responsibility, and knowing one's limits will be tested, which ultimately gives rise to awareness of good self-control. Even that is not easy in practice, what is important to remember and apply is. be aware of the limits of our abilities, and that requires all variables to achieve what is called self-control. well, for me it's like that.


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March 31, 2024, 08:25:35 AM
 #473

Share your opinion about this two mistakes with your experience.
I have nothing much to shear because those two things you have listed, I have not take them serious. Right from time I am never a greedy nor an over confident gambler. I always play gamble but gamble with my sense because I know how gambling has destroyed alot of people's destiny due to the inability to understand the way about of gambling.  No doubt greediness has a great effect on people's life because it Leeds to mental or emotional diverstation due to frequent betting without win to an extent people sell their property to take the risk yet nothing to show fort. Instead of winning they end up losing all they have.

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March 31, 2024, 12:39:38 PM
 #474

Share your opinion about this two mistakes with your experience.
I have nothing much to shear because those two things you have listed, I have not take them serious. Right from time I am never a greedy nor an over confident gambler. I always play gamble but gamble with my sense because I know how gambling has destroyed alot of people's destiny due to the inability to understand the way about of gambling.  No doubt greediness has a great effect on people's life because it Leeds to mental or emotional diverstation due to frequent betting without win to an extent people sell their property to take the risk yet nothing to show fort. Instead of winning they end up losing all they have.
In that case we can say you have finally learnt how to gamble properly and the mindset and rules needed to remain normal as a gambler. This is good to know and I hope others will also learn from you, the reason I am happy we have a forum like this where we share ideas and interact as gamblers. I am also growing very fast in my gambling and also taking my risk management seriously using the motivation from other experienced gamblers in this forum. Now I feel more comfortable gambling because I set realistic targets and following feasible options unlike before that I was battling with the challenges that the average gambler faces.

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April 01, 2024, 12:29:20 PM
 #475

Share your opinion about this two mistakes with your experience.
I have nothing much to shear because those two things you have listed, I have not take them serious. Right from time I am never a greedy nor an over confident gambler. I always play gamble but gamble with my sense because I know how gambling has destroyed alot of people's destiny due to the inability to understand the way about of gambling.  No doubt greediness has a great effect on people's life because it Leeds to mental or emotional diverstation due to frequent betting without win to an extent people sell their property to take the risk yet nothing to show fort. Instead of winning they end up losing all they have.
In that case we can say you have finally learnt how to gamble properly and the mindset and rules needed to remain normal as a gambler. This is good to know and I hope others will also learn from you, the reason I am happy we have a forum like this where we share ideas and interact as gamblers. I am also growing very fast in my gambling and also taking my risk management seriously using the motivation from other experienced gamblers in this forum. Now I feel more comfortable gambling because I set realistic targets and following feasible options unlike before that I was battling with the challenges that the average gambler faces.

It's very important to learn how to manage your finances, either in your own experienced or just by reading or viewing those shared post regarding to that same mistakes that gamblers always do whenever they are inside gambling house, it's  true that by learning things you'll be able to avoid things to happen repeatedly and it will also helps to make sure that you'll just going to spend amount that you are willing to let go and time that you should be spending when you are in this activity.

Every sessions that you'll taking counts, learning and knowing how to adjust properly will improve your winning chance and lessen the possibilities of getting addicted and lose more.

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April 01, 2024, 05:21:05 PM
 #476

Share your opinion about this two mistakes with your experience.
I have nothing much to shear because those two things you have listed, I have not take them serious. Right from time I am never a greedy nor an over confident gambler. I always play gamble but gamble with my sense because I know how gambling has destroyed alot of people's destiny due to the inability to understand the way about of gambling.  No doubt greediness has a great effect on people's life because it Leeds to mental or emotional diverstation due to frequent betting without win to an extent people sell their property to take the risk yet nothing to show fort. Instead of winning they end up losing all they have.

Well, these types of mistakes are quite common in people who have a very advanced addiction, personally I have always seen that things with these types of events always end badly for people who risk their assets, and all kinds of things that are of great importance. value, there are many cases that when people do this they lose mortgages, they lose houses, everything, so these types of things are what we must see that it is not possible to do because the rest is almost everything is lost, there are many people who They remain on the street, begging for alms, only because they lost in the casinos, and those are extreme cases, it is sad, but reaching that level is extremely irresponsible and lacks control.

The game may seem very easy and everything is very simple to play, but you have to have something that very few people have and that is responsibility.

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April 01, 2024, 06:49:06 PM
 #477

Share your opinion about this two mistakes with your experience.
I have nothing much to shear because those two things you have listed, I have not take them serious. Right from time I am never a greedy nor an over confident gambler. I always play gamble but gamble with my sense because I know how gambling has destroyed alot of people's destiny due to the inability to understand the way about of gambling.  No doubt greediness has a great effect on people's life because it Leeds to mental or emotional diverstation due to frequent betting without win to an extent people sell their property to take the risk yet nothing to show fort. Instead of winning they end up losing all they have.

Well, these types of mistakes are quite common in people who have a very advanced addiction, personally I have always seen that things with these types of events always end badly for people who risk their assets, and all kinds of things that are of great importance. value, there are many cases that when people do this they lose mortgages, they lose houses, everything, so these types of things are what we must see that it is not possible to do because the rest is almost everything is lost, there are many people who They remain on the street, begging for alms, only because they lost in the casinos, and those are extreme cases, it is sad, but reaching that level is extremely irresponsible and lacks control.

The game may seem very easy and everything is very simple to play, but you have to have something that very few people have and that is responsibility.

Repeated mistakes always happen to every different gambler, this problem should be given understanding and self-control to avoid losses from gambling, the main causes are emotional, greed and they make sure gambling gets a source of income, if they can change the mindset that gambling is only entertainment then they will not experience losses even if they lose their funds, because they never budget funds exceeding 5-10% of their monthly income, so I always remind gamblers to determine the budget limit for gambling so that they don't experience losses, we already know gambling system even though they say random system but the chance of the house getting a profit is higher than winning for the gambler, so never make the same mistake and change your way of gambling with the rules that have been suggested by senoir gamblers
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April 01, 2024, 07:21:26 PM
 #478

Some of the mistake was repeated by the gamblers even after the loss in the gambling.The foremost one is the greedy,the gamblers mostly the new gambler get into the greedy after some decent profit in the gambling site.

Over Confidence:
This was the common one to the new and experienced gamblers,because the continuous winning mostly give the greedy and over confidence to the gamblers.The gamblers will go for the high betting after the continuous winning in the betting.The positive wipe was occurred with the over confidence,most of the gamblers go for the high betting after the over confidence.

The draw back of the over confidence is most of the gamblers will make loss their holding dollars in few bets.So the gamblers should avoid the over confidence after the continuous winning.


Greedy:
The gambler should avoid of the greediness in the gambling after the continuous gambling winning.The gambler should try to withdraw the funds from the gambling site after the good winning in the gambling site.Many loss the capital by doing high betting and random betting with the positive wipe with more winning.The most of the successful gamblers may skip greedy in their betting.

Share your opinion about this two mistakes with your experience.

Gambling and greedy behavior are almost inherently intertwined - it's foolish to try to think of them separately. Everyone gambling is trying to take a short cut to increase their wealth, which you could argue is one definition of greed. You mention "decent profit" but to anyone who is gambling, that is simply fleeting and all the odds are stacked against you in somewhere like a casino. They will even upfront admit and explain this reality to you, if you're actually looking for the information. The only way you'll ever get around these sort of things is if you set a budget limit, using spare funds you may wish to spend on this "hobby" and give up when you've burned through it in the week or month, because you will burn through it.

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April 01, 2024, 08:48:48 PM
 #479

In that case we can say you have finally learnt how to gamble properly and the mindset and rules needed to remain normal as a gambler. This is good to know and I hope others will also learn from you, the reason I am happy we have a forum like this where we share ideas and interact as gamblers. I am also growing very fast in my gambling and also taking my risk management seriously using the motivation from other experienced gamblers in this forum. Now I feel more comfortable gambling because I set realistic targets and following feasible options unlike before that I was battling with the challenges that the average gambler faces.
Research shows that if you were to try to make a person learn based just on the numbers and facts, they will fail to do so as it is too impersonal, however if you were to show them examples related to their life about how what they are doing is wrong then it is way more likely they will change their ways, it is because of this that those sharing their gambling stories in which they did not do so well is so important, as they are helping others avoid those mistakes, which may have had a very negative on the lives of those people.
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April 01, 2024, 09:19:34 PM
 #480

Of course, this is not a perfect approach, and there is always the possibility of exceeding the limit. Maintaining a stop-loss limit requires a great deal of discipline and self-control, especially when things are going well. Another strategy that gamblers might use is to keep track of their winnings and losses. This allows them to keep track of their progress and determine if they are earning more money than they are losing. This allows them to make more sensible judgments about when to quit and when to continue. Also, it appears that some gamblers may view it as detracting from the enjoyment of the encounter, but it may also help them succeed.

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