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Author Topic: If I bet big I lose, but if I bet small I win  (Read 2132 times)
masulum
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March 04, 2024, 02:56:26 PM
 #221

Does the casino system/algorithm know the betting patterns we make?
Nope, every roll is unique and different from the previous ones.


This can actually be done with machine learning and data analytics. However, if the provider doing that, I believe this is an unfair provider and international gambling commissions wouldn't give a permission for provider, because they take advantage of the players' playing patterns, both in terms of betting and other gambling methods, and making their players lose because of system algorythm trapped players. So, regarding whether it is possible, of course the provider can analyze the players' playing patterns. Except for offline gambling where it may be difficult to analyze gambler patterns.

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March 04, 2024, 03:06:09 PM
 #222

Does the casino system/algorithm know the betting patterns we make?
Nope, every roll is unique and different from the previous ones.


This can actually be done with machine learning and data analytics. However, if the provider doing that, I believe this is an unfair provider and international gambling commissions wouldn't give a permission for provider, because they take advantage of the players' playing patterns, both in terms of betting and other gambling methods, and making their players lose because of system algorythm trapped players. So, regarding whether it is possible, of course the provider can analyze the players' playing patterns. Except for offline gambling where it may be difficult to analyze gambler patterns.
I think because of the availability of the house edge system which places the casino over the players and most especially in in-house games that have total control 9f the casino, it becomes difficult to monitor the game algorithm and because of that the casino has all the room to themselves to decide the outcome of the game, and this will always have the high determination to the outcome game.
And even if they have harsh claims to give the gamblers the ability to verify how the game outcome happens, it can still be manipulated to favour the casino as against the player.

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March 04, 2024, 03:40:10 PM
 #223

That's right, that's better appreciate it by not gambling again when you've made a small profit, I mean rest your activity in gambling may for a few days. Also in my personal experience, if we are longer in the casino, the more our minds will want to try other games. Want to try your luck in other games, want to have fun with those small profit. Lucky if your profit can increase +++, but usually that doesn't happen to me.
By taking a break or even stopping gambling, we can keep away from the thought of continuing to gamble, which could cause us to experience a lot of losses. That will not give us a chance to win the gambling game but will only give us defeat.
We definitely don't want to experience more losses, so the only thing we can do is stop gambling. By stopping gambling, at least we can control ourselves so we don't experience more losses.
We can continue gambling on another day when thoughts of wanting to win no longer influence us. By always using gambling as entertainment, we avoid the possibility of experiencing gambling addiction.

That perspective on gambling reflects a balanced and realistic understanding of the activity. Making a small profit from gambling can be seen as a stroke of luck, considering that many individuals struggle to achieve even that level of success in their gambling endeavors. Gamblers need to appreciate these wins while also recognizing the inherent risks involved in gambling.

Setting limits on gambling activities and sticking to a predetermined budget are crucial steps in promoting responsible gambling behavior. By doing so, gamblers can enjoy the entertainment value of gambling without exposing themselves to excessive financial risk. Additionally, knowing when to stop, particularly after a win, can help mitigate the potential for further losses and maintain a positive overall experience. Gambling should not be relied upon as a means of generating consistent income. The odds are typically stacked against the player, and expecting to win consistently is unrealistic. By balancing the excitement of gambling with responsible behavior, individuals can maximize their enjoyment while safeguarding their financial well-being.
Getting a small profit is actually enough for us, considering that many gamblers have failed to get it, so we don't need to continue gambling if we have won. We also still have plenty of time to gamble and don't need to worry about the gambling game because we can go back to gambling again another day. By having responsible gambling behavior, we can enjoy gambling as it is and don't need to experience gambling addiction.
We must be responsible for ourselves so we must always be careful when gambling. We should not lose more money because that could provide other greater risks.

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March 04, 2024, 04:55:23 PM
 #224

Not only you but actually I experience the same that's the reason why I got frustrated and quit immediately since that indicate that I'm not going to win whatever thing I do since bad luck hit so bad.

We don't know if this is due to algorithm of the casino but what we can do there is to quit. Also we should use reputable casino so that we will not experience a rigged system since if we play on new or not trusted casino then maybe we can really experience having those losing patterns since usually those casino that reputation is questionable might not be a provably fair ones.

Also its important for us not to bet wildly out of frustration so that we can save up our money and have capital to try again next time.
Gambling has this stupid turnout of events which makes us draw some kind of conclusions in out engagements. If you check properly, you bet with  small funds quite often and when it loses, you bad it easily, and then after sometime, you might hit a win, you attribute it to the small amount. Whereas you don't bet as often with big funds and you place a huge expectation whenever you bet with a higher amount.

I don't really think there's anything like losing when you  stake with bigger amount,  and winning when you stake with little amounts. its only you psychologically making emotional conclusions.

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March 04, 2024, 04:55:44 PM
 #225

Getting a small profit is actually enough for us, considering that many gamblers have failed to get it, so we don't need to continue gambling if we have won. We also still have plenty of time to gamble and don't need to worry about the gambling game because we can go back to gambling again another day. By having responsible gambling behavior, we can enjoy gambling as it is and don't need to experience gambling addiction.
We must be responsible for ourselves so we must always be careful when gambling. We should not lose more money because that could provide other greater risks.
If you want to gamble responsibly then there are 2 things to pay attention to, namely set a fund limit for gambling and cut profits after winning, so if we follow these rules then we don't need to worry about losing in gambling because losses will not have an impact on financial losses if we have set a fund limit for gambling and we have to take high profits after winning bets.

I have analyzed several gamblers who use different betting levels, the comparison scale of wins and losses is very different from the betting level, if you bet high then the level of loss is higher which has the potential for you to lose all your balance and if you gamble with a low betting level it will give you a winning streak to encourage you to increase your bet in the hope of winning at a high bet.

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March 04, 2024, 05:59:20 PM
 #226

Bet small multiple times and bet often is the course of action I would answer with, I recognize the OP problem in that pressure and expectations can be a negative in outcomes somehow.   Gambling is an elusive art and slippery to master to the best of us, rather then try anything complicated I would rather just avoid what doesnt work.    Ideally many bets allows you to make the best of what you are gambling well and avoid the negative games you might be involved with.   Eventually leaning into your strengths ahead of the payoff so you win more then you lose is the ideal, have fun dont stress too much as it can undermine you certainly.

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March 04, 2024, 06:25:04 PM
 #227

I also feel the same before, but on my end I know that it is just the way it is I risk my money on it so there is a chance to lose.
It is just that we focus on profit and ignored the fact that we could lose no matter how much we put on the game.
The amount of our bet doesn't really matter, and be honest there are times that when you bet a huge amount and win this kind of things doesn't come up to your mind.
You would only think about it when you lose.



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March 04, 2024, 06:39:18 PM
 #228

Does the casino system/algorithm know the betting patterns we make?
Nope, every roll is unique and different from the previous ones.


This can actually be done with machine learning and data analytics. However, if the provider doing that, I believe this is an unfair provider and international gambling commissions wouldn't give a permission for provider, because they take advantage of the players' playing patterns, both in terms of betting and other gambling methods, and making their players lose because of system algorythm trapped players. So, regarding whether it is possible, of course the provider can analyze the players' playing patterns. Except for offline gambling where it may be difficult to analyze gambler patterns.
I think because of the availability of the house edge system which places the casino over the players and most especially in in-house games that have total control 9f the casino, it becomes difficult to monitor the game algorithm and because of that the casino has all the room to themselves to decide the outcome of the game, and this will always have the high determination to the outcome game.
And even if they have harsh claims to give the gamblers the ability to verify how the game outcome happens, it can still be manipulated to favour the casino as against the player.
The house edge is an important component in influencing the likelihood of winning or losing in a game of chance. And, while casinos may claim to be transparent about their algorithms and game results, there is always the possibility of manipulation. This is why gamblers must comprehend the dangers and be mindful of the house edge when playing games of chance.

However, there are some games of chance where the house edge is significantly lower than others. For example, if the player follows perfect strategy, the house edge in blackjack might be as low as 1%. This means that with the proper information and experience, you can win more often than in other games of chance. Craps has a tiny house edge of about 1-2%, and there are tactics that can assist players improve their odds. However, no matter what game you're playing, the house always has the advantage. Even in games with nearly even chances, such as roulette, the zero or double zero

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March 04, 2024, 06:49:32 PM
 #229

Not only you but actually I experience the same that's the reason why I got frustrated and quit immediately since that indicate that I'm not going to win whatever thing I do since bad luck hit so bad.

We don't know if this is due to algorithm of the casino but what we can do there is to quit. Also we should use reputable casino so that we will not experience a rigged system since if we play on new or not trusted casino then maybe we can really experience having those losing patterns since usually those casino that reputation is questionable might not be a provably fair ones.

Also its important for us not to bet wildly out of frustration so that we can save up our money and have capital to try again next time.
Gambling has this stupid turnout of events which makes us draw some kind of conclusions in out engagements. If you check properly, you bet with  small funds quite often and when it loses, you bad it easily, and then after sometime, you might hit a win, you attribute it to the small amount. Whereas you don't bet as often with big funds and you place a huge expectation whenever you bet with a higher amount.

I don't really think there's anything like losing when you  stake with bigger amount,  and winning when you stake with little amounts. its only you psychologically making emotional conclusions.
If you are gambling you have to get this correctly, winning on gamble doesn't depend on the amount you staked, it does not matter the amount you can afford to lose. If you stake high on games you will also lose and same when you stake low. Gambler that's staking low are gambling with what they can afford to lose, if you are also the kind of person that's gambling big you can also lose. For you yo win big you should also know you will risk big, it's not too rare to gamblers that winnings big with small money.

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March 04, 2024, 06:52:47 PM
 #230

if you bet small and always win, why not keep betting small?  Grin

I also feel the same before, but on my end I know that it is just the way it is I risk my money on it so there is a chance to lose.
It is just that we focus on profit and ignored the fact that we could lose no matter how much we put on the game.
The amount of our bet doesn't really matter, and be honest there are times that when you bet a huge amount and win this kind of things doesn't come up to your mind.
You would only think about it when you lose.

i didn't notice all these anymore in my bets actually. i guess that was the time when i was new in Bitcoin casino where i only played slot and dice but after some time that i got into sports, i tend to bet irregular amounts. as sometimes i had to bet against my original bet just to lessen the amount to lose. sports is like a different business than casino games.









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March 05, 2024, 04:11:53 AM
 #231

If you want to gamble responsibly then there are 2 things to pay attention to, namely set a fund limit for gambling and cut profits after winning, so if we follow these rules then we don't need to worry about losing in gambling because losses will not have an impact on financial losses if we have set a fund limit for gambling and we have to take high profits after winning bets.

I have analyzed several gamblers who use different betting levels, the comparison scale of wins and losses is very different from the betting level, if you bet high then the level of loss is higher which has the potential for you to lose all your balance and if you gamble with a low betting level it will give you a winning streak to encourage you to increase your bet in the hope of winning at a high bet.
Actually, many things must be done to be able to gamble responsibly, but you have given two important things that a gambler must do. Yes, that's what every gambler must remember when gambling so that he doesn't exceed his limits in gambling.
Don't chase win because it is difficult to get and we should use gambling as a way to have fun. It helps us to prevent big losses so that we won't be too sad if we lose because we already have clear boundaries in gambling.
Even though many gamblers gamble excessively, we should not be like them because this is our money and we must be responsible for our money and ourselves. By always applying clear boundaries, we can use gambling as entertainment and also as a place to have fun.

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March 05, 2024, 04:47:29 AM
 #232

Guys, do you often feel like me? when I raise the bet I lose and when I lower the bet I win. Does the casino system/algorithm know the betting patterns we make? So often when we bet big we are given a loss and when our bet is small we actually win, which is very annoying

I don't know if this applies to all games or not, but I feel like this often when playing table games. What do you think?

Gambling doesn't determine when a person will win, maybe you just have bad luck. But if you take some time off from gambling then your addiction will be less and you will be able to win properly. Gambling requires some rest if you adopt these strategies you will surely win. You control your emotions, every time you decide to gamble with more money your emotions will work to win in a new way. So in the greed of more money you can deviate from the right decision so whatever money you use take the right decision, emotions will be controlled and you will surely win in gambling.

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March 05, 2024, 05:02:27 AM
 #233

Guys, do you often feel like me? when I raise the bet I lose and when I lower the bet I win. Does the casino system/algorithm know the betting patterns we make? So often when we bet big we are given a loss and when our bet is small we actually win, which is very annoying

I don't know if this applies to all games or not, but I feel like this often when playing table games. What do you think?
I thought as much too, I am in thesame condition as you. Each time I play to win a bigger amount I lose. but each time I also play to win a lesser amoun, I win though it does not necessarily mean that it applies to all times but some times. Sometimes I question myself about that. but what I do in recent times is that I play Niger amount with lesser odd like gambling $10 with 2 or 3 off to win $20 or $30 instead of playing $1 with 30odd or 20odd, atleast it will increase my chances of winning.
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March 05, 2024, 05:41:31 AM
 #234

Guys, do you often feel like me? when I raise the bet I lose and when I lower the bet I win. Does the casino system/algorithm know the betting patterns we make? So often when we bet big we are given a loss and when our bet is small we actually win, which is very annoying

-snip-

I don't know which casino you use, but as far as I know, reputable casinos do not have such algorithms, because it is clearly against the rules that they designed such algorithms. But I think it's just your feeling that you feel like you're being cheated when you bet more. Because it is true that casinos have algorithms that work in their favor, but not to the point where they do so just to extract more money from their users.

R


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March 05, 2024, 06:52:33 AM
 #235

Guys, do you often feel like me? when I raise the bet I lose and when I lower the bet I win. Does the casino system/algorithm know the betting patterns we make? So often when we bet big we are given a loss and when our bet is small we actually win, which is very annoying

I don't know if this applies to all games or not, but I feel like this often when playing table games. What do you think?
I thought as much too, I am in thesame condition as you. Each time I play to win a bigger amount I lose. but each time I also play to win a lesser amoun, I win though it does not necessarily mean that it applies to all times but some times. Sometimes I question myself about that. but what I do in recent times is that I play Niger amount with lesser odd like gambling $10 with 2 or 3 off to win $20 or $30 instead of playing $1 with 30odd or 20odd, atleast it will increase my chances of winning.

This is not the case with everyone. Maybe you have started gambling with large amounts and you need to control your emotions. Because your emotions go crazy to win and you can reach wrong decisions. Especially I think you are addicted to gambling which is why this happens to you again and again. You generally benefit from smaller amounts of gambling because your brain is in a cooler climate. This has happened to me but rarely, but whenever I appear to gamble with a large amount, my brain jumps to wrong conclusions, that's why I say keep your brain cool.

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March 05, 2024, 09:05:41 AM
 #236

Does the casino system/algorithm know the betting patterns we make?
Nope, every roll is unique and different from the previous ones.


This can actually be done with machine learning and data analytics. However, if the provider doing that, I believe this is an unfair provider and international gambling commissions wouldn't give a permission for provider, because they take advantage of the players' playing patterns, both in terms of betting and other gambling methods, and making their players lose because of system algorythm trapped players. So, regarding whether it is possible, of course the provider can analyze the players' playing patterns. Except for offline gambling where it may be difficult to analyze gambler patterns.
I think because of the availability of the house edge system which places the casino over the players and most especially in in-house games that have total control 9f the casino, it becomes difficult to monitor the game algorithm and because of that the casino has all the room to themselves to decide the outcome of the game, and this will always have the high determination to the outcome game.
And even if they have harsh claims to give the gamblers the ability to verify how the game outcome happens, it can still be manipulated to favour the casino as against the player.

This is what makes gambling very hard, not the games but the winning part, all the games and machine in a casino are programmed to benefit the casinos more than the gamblers, the chances that gamblers have are always smaller, this is what many people don't get as gamblers.

The only choices we have is to protect ourselves from overspending on gambling, it was never meant to work in our favour anyways, can't you see? Then risk only what you can afford to throw away, most times we throw away money before you get lucky, let this get used with us and we will have our ways.

For this one reason is why I believe that games that are out of the control of casinos are better, like sports betting, casinos aren't the managers of a sports houses, it's player vs player like experience, where performance and agility is a big plus, far more realistic and entertaining.

Casinos have the power to decide to wins and who lose in their in-games, it's their house and to come out with flying colors will be harder, it cost you nothing to be a responsible gambler.

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Palakka
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March 05, 2024, 09:33:31 AM
 #237

Guys, do you often feel like me? when I raise the bet I lose and when I lower the bet I win. Does the casino system/algorithm know the betting patterns we make? So often when we bet big we are given a loss and when our bet is small we actually win, which is very annoying

I don't know if this applies to all games or not, but I feel like this often when playing table games. What do you think?
Currently Roma continues to progress quite positively in the league after De Rossi took over the team from Mourinho, the defeat to Intermilan became the first defeat for De Rossi, although they lost to Intermilan but we can see throughout the game Roma managed to make Intermilan quite difficult and even Roma managed to keep up with Intermilan game at that time, I think Roma current performance in the hands of De Rossi has become better and they have a balanced team which is quite stable at the moment.

Against Brighton will be another proof for De Rossi after many people doubted his capacity when replacing Mourinho, at this time the performance of Roma and Brighton is actually not too different so that both teams have a great chance to get a victory in the game, but I think, whoever team is able to dominate will be able to win the first leg later,  Brighton game, which has so far been more dominant in attacking play from both wings, should be anticipated by Roma who tend to have weaknesses on both sides of their game so far.
I think luck in gambling is like we make a fortune in a trade, and even not only in gambling I feel like you feel, in trading there is also often bad luck for me, when I hold coins the price in the market is relatively stagnant but when I have sold the coin the price actually rises even 100% and makes me start thinking if gambling and trading do not seem  suit for me Grin Cry.

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masulum
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hmph..


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March 05, 2024, 12:06:14 PM
 #238


However, there are some games of chance where the house edge is significantly lower than others. For example, if the player follows perfect strategy, the house edge in blackjack might be as low as 1%. This means that with the proper information and experience, you can win more often than in other games of chance. Craps has a tiny house edge of about 1-2%, and there are tactics that can assist players improve their odds. However, no matter what game you're playing, the house always has the advantage. Even in games with nearly even chances, such as roulette, the zero or double zero

No business wants its business to lose money. Likewise for casinos. Casinos are 3rd party, Game Providers want to make a profit from the gambling carried out by members in casino. Then the winning percentage will be smaller than losing percentage. That's why we always hear the term 1% skill, 99% luck. but, 99% luck can be categorized as 90% being busted, 5% winning is smaller than the bet. 4% win over bet and 1% big win/jackpot/maxwin. Of course this is not an actual percentage, just my calculations which are not based on analysis (personal opinion). However, all this affects the player's emotions, making him believe that he will win. Including me, I also often experience this.  Cheesy

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PytagoraZ (OP)
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March 05, 2024, 12:23:04 PM
 #239


However, there are some games of chance where the house edge is significantly lower than others. For example, if the player follows perfect strategy, the house edge in blackjack might be as low as 1%. This means that with the proper information and experience, you can win more often than in other games of chance. Craps has a tiny house edge of about 1-2%, and there are tactics that can assist players improve their odds. However, no matter what game you're playing, the house always has the advantage. Even in games with nearly even chances, such as roulette, the zero or double zero

No business wants its business to lose money. Likewise for casinos. Casinos are 3rd party, Game Providers want to make a profit from the gambling carried out by members in casino. Then the winning percentage will be smaller than losing percentage. That's why we always hear the term 1% skill, 99% luck. but, 99% luck can be categorized as 90% being busted, 5% winning is smaller than the bet. 4% win over bet and 1% big win/jackpot/maxwin. Of course this is not an actual percentage, just my calculations which are not based on analysis (personal opinion). However, all this affects the player's emotions, making him believe that he will win. Including me, I also often experience this.  Cheesy

Apart from the luck factor, emotions also have a vital role. I often lose if my emotions are unstable and start chasing losses. But when I play relaxed and enjoy the game, I feel like I can get good wins or at least I can avoid continuous losses.

Yes, I agree with the term 99% luck and 1% skill, because no strategy can work well if we play a game that relies on luck. But in sportsbooks, I think it's 80% skill and 20% luck

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danherbias07
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March 05, 2024, 12:54:47 PM
 #240


However, there are some games of chance where the house edge is significantly lower than others. For example, if the player follows perfect strategy, the house edge in blackjack might be as low as 1%. This means that with the proper information and experience, you can win more often than in other games of chance. Craps has a tiny house edge of about 1-2%, and there are tactics that can assist players improve their odds. However, no matter what game you're playing, the house always has the advantage. Even in games with nearly even chances, such as roulette, the zero or double zero

No business wants its business to lose money. Likewise for casinos. Casinos are 3rd party, Game Providers want to make a profit from the gambling carried out by members in casino. Then the winning percentage will be smaller than losing percentage. That's why we always hear the term 1% skill, 99% luck. but, 99% luck can be categorized as 90% being busted, 5% winning is smaller than the bet. 4% win over bet and 1% big win/jackpot/maxwin. Of course this is not an actual percentage, just my calculations which are not based on analysis (personal opinion). However, all this affects the player's emotions, making him believe that he will win. Including me, I also often experience this.  Cheesy
I like your percentage though, it's the reality when you start playing.
At Plinko, even if they show 5% on one pocket, there are times the ball won't drop there for 100 times of bets. That 1 percent though of winning a multi seems high but I do understand because you are just categorizing the 99 percent luck. There are times when it takes me 40k bets in Plinko before I receive the x1000 pocket. That's also the time when I should think about picking another game when that happens/after receiving that multi win. Grin

This is the reason why I don't believe that someone could make gambling his day job in casino games. There's no way you can win there daily because it always takes back whatever amount of profit we make. Especially if we switch to bigger amounts, that's like suicide in a faster way.
I've learned my lesson the hard way, that's why recently I switched to focusing on sports rather than casino games. Sometimes I feel they are just a waste of money and time.

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