The Pattern that 99.9% Leads to Bankruptcy: High Rolling on Slots!

[mu_enrico]

In the past week, I've been watching confessions and sad stories of slot players on YouTube. How did they lose everything, from a motorbike, house, cars, gold, and savings, just to play slots? As a player myself, I can't fathom how this game sucks away so much money and forces people to ruin their lives in a relatively short time. I remember one of the guys got wrecked in less than a week. I thought slots would only ruin someone's life if they were a regular customer and played every day without taking a piss or something.

The reasons may vary from person to person, such as chasing losses, greed, emotions, etc., but the next step they took is all the same, i.e., betting way more than usual. It all begins with the x100 - x1,000 minimum bet that they usually do. For example, I usually bet $0.1/spin, and then x100 - x1,000 means that I bet $10 - $100/spin. That's stupid! One guy took a loan with his house as collateral for $5,000 only to lose it in a few hours.

High rolling in slots is quite dumb in my opinion, since the probability of hitting the x100+ multiplier is too low. Thus, the most feasible strategy is to maximize your number of spins instead of going for YOLO. Thus, if you REALLY need to do martingale shit or progressive betting for whatever dumb reason, 5x from your usual bet is your maximum.

[danherbias07]

Way, way, way, low. Yes, that's a lot of "way". Because that's how it is.
I also bet with just the lowest amount and I don't buy those special features just to double the multiplier or enhance the bonus chances. For me, those are just a waste of money.
$10. All of that was taken from me without a single high multiplier so I tried using another $10 and I said to myself that will be the last. Luckily, I hit a good multiplier and made it to $18 and the itch to bet more will start. So, I tried risking the $8 that I won. Sadly, all of it was gone in an instant, no bonuses came out, the normal multipliers are way too low that it could not cover all your previous bets.
Then the itch to bet the last capital $10 will come again. Telling yourself you might get lucky this time and get a higher multiplier than the first one.
Sadly, nothing came out and everything is gone.
I think that is what is happening to those Youtuber. The itch keeps on coming and they keep on scratching it.

[knowngunman]

In the past week, I've been watching confessions and sad stories of slot players on YouTube. How did they lose everything, from a motorbike, house, cars, gold, and savings, just to play slots? As a player myself, I can't fathom how this game sucks away so much money and forces people to ruin their lives in a relatively short time. I remember one of the guys got wrecked in less than a week. I thought slots would only ruin someone's life if they were a regular customer and played every day without taking a piss or something.

The reasons may vary from person to person, such as chasing losses, greed, emotions, etc., but the next step they took is all the same, i.e., betting way more than usual. It all begins with the x100 - x1,000 minimum bet that they usually do. For example, I usually bet $0.1/spin, and then x100 - x1,000 means that I bet $10 - $100/spin. That's stupid! One guy took a loan with his house as collateral for $5,000 only to lose it in a few hours.

Wait... Did you just say force people to ruin their lives? Damn, that is allegation on slots providers. People choose to ruin their own life playing without applying caution. These games are fun to play when are you playing it moderately and not trying to chase your lose or being control by greediness. From the example in your post, it's obvious you are allowed greed to control you and after falling for the trap, you end up chasing your loses that will lead to more loses and probably losing your properties too.

But how on this planet will any sane person take loan just to gamble? Like what is their thoughts on gambling? Probably, they thought losing in gambling is just a fallacy and doesn't exit. He used his hand to dig his own grave, it's actually painful to hear things like this but it is good, probably, others would learn from their mistakes and desist from making similar decisions.

[Frankolala]

Gambling does not ruin people's lives, but I will say that greed is what ruined their lives. This is because they want to hit the jackpot on slot and they go ×100-×1000 which shows that they are gambling with the amount that they can afford to lose. This does not only apply to slot, but to gamble as a whole.

People that allows gamble to ruin them, were gambling to make profit or they want to use gamble to turn their lives around which will finally lead them to addiction, and they will lack self control over their lives because they want to win back all what they have lost, and hit the jackpot. This will make them go as far as using their properties as collateral, and at the end, they will lose it all and ruin everything. Gambling is good when you gamble responsible, but when you don't gamble responsible it will lead you to frustration.

[blckhawk]

High rolling in slots is quite dumb in my opinion, since the probability of hitting the x100+ multiplier is too low. Thus, the most feasible strategy is to maximize your number of spins instead of going for YOLO. Thus, if you REALLY need to do martingale shit or progressive betting for whatever dumb reason, 5x from your usual bet is your maximum.

It's not dumb, the amount that those high rolling slots isn't for someone like you anyway, it's definitely built for someone that can afford to lose millions and not bat an eye because they know that they can just make that money as quick as they lose it, that idea isn't dumb, you're not the only customer that's being catered by casinos and those people got a lot of money and they don't like the idea of wasting less money per spin when they can easily waste more using those slots, there's also the fact that those machines make the money laundering done by the casino, more money means the question for taxes are going to be undeniable.

[Yatsan]

High rolling in slots is quite dumb in my opinion, since the probability of hitting the x100+ multiplier is too low. Thus, the most feasible strategy is to maximize your number of spins instead of going for YOLO. Thus, if you REALLY need to do martingale shit or progressive betting for whatever dumb reason, 5x from your usual bet is your maximum.

High rolling in GAMBLING is. Progressive betting amount is not considerable for me. Increasing the amount of bet will not increase your chances of winning. Indeed it would flip your total loss however, given that there's no assurance of winning, what's the sense of doing so? Perhaps you already lost $500 from your usual bet of $50 as its base value. Increasing your next bet to $500 will put you in profit if you'd win, question is, would you win? Lack of assurance should be enough for a gambler to not do such thing. Martingale indeed works to some players and to some instances but no consistency has been proven. You are just basically increasing the bet to have bigger rewards, and same thing goes if it turned out to be a losing assumption or bet.

High rolling in slots is quite dumb in my opinion, since the probability of hitting the x100+ multiplier is too low. Thus, the most feasible strategy is to maximize your number of spins instead of going for YOLO. Thus, if you REALLY need to do martingale shit or progressive betting for whatever dumb reason, 5x from your usual bet is your maximum.

It's not dumb, the amount that those high rolling slots isn't for someone like you anyway, it's definitely built for someone that can afford to lose millions and not bat an eye because they know that they can just make that money as quick as they lose it, that idea isn't dumb, you're not the only customer that's being catered by casinos and those people got a lot of money and they don't like the idea of wasting less money per spin when they can easily waste more using those slots, there's also the fact that those machines make the money laundering done by the casino, more money means the question for taxes are going to be undeniable.

Has a point, it really depends on your financial capacity as a gambler. However, nothing's proven even with high rollers' viewpoint. They might have larger bankrolls to increase their betting amount and wait for luck to kick in but for sure it is not a new thing to us seeing rich individual losing almost every properties they have due to their frustrations in gambling. That might be the point of OP, which is for other players to not do the same thing if they fear of losing big amount, which is evident to almost all of us in the first place.

[OgNasty]

When it comes to gambling it is almost a certainty that you will lose.  That's just the way the odds are set.  If you play long enough, no matter what happens, you will lose.  Sure, you might hit a big win somewhere in there, but it is the anomaly.  The only way to really win when it comes to gambling is to get out ahead.  This is why successful gamblers usually have a dollar amount in their head and if they win that amount they walk away.  Gambling is truly one of the activities where you only win when you walk away.  That isn't to say there aren't those who make riches before walking away, but in the end, it's knowing when to walk away that earns people gambling winnings.

[carlfebz2]

This is why gambling industry is really that profitable just because of those people who do keep on losing on it, which it isnt really that limited on slot games but also in other casino games as well
on which results are instantaneous where you could see directly whether you have won the bet or lose it up. When adrenaline kicks in + having that extreme greed then you would really be coming up with those
YOLO bets on which it is really that shocking on why there are people who do come up with that kind of betting on which they do have bet their houses and other posessions on which i dont
know on what are the things that they've been thinking on which they cant be able to balance whether this step or move could make their lives miserable? They do exchange it out into
something which doesnt give out guarantees.

[blckhawk]

~

Has a point, it really depends on your financial capacity as a gambler. However, nothing's proven even with high rollers' viewpoint. They might have larger bankrolls to increase their betting amount and wait for luck to kick in but for sure it is not a new thing to us seeing rich individual losing almost every properties they have due to their frustrations in gambling. That might be the point of OP, which is for other players to not do the same thing if they fear of losing big amount, which is evident to almost all of us in the first place.

Not wrong but I wouldn't say that it's the entire truth though, most of those people that like to call themselves as high rollers that loses everything that they've got is definitely not the kind of person that I'm talking about, if they really are the type of people that I'm talking about, they're not going to go bankrupt or even lasting only one night and they were never really that rich or deserves to be rich in the first place because they don't know when to stop their habit of gambling, a real rich man would know when to quit and have a good time.

[Oilacris]

~

Has a point, it really depends on your financial capacity as a gambler. However, nothing's proven even with high rollers' viewpoint. They might have larger bankrolls to increase their betting amount and wait for luck to kick in but for sure it is not a new thing to us seeing rich individual losing almost every properties they have due to their frustrations in gambling. That might be the point of OP, which is for other players to not do the same thing if they fear of losing big amount, which is evident to almost all of us in the first place.

Not wrong but I wouldn't say that it's the entire truth though, most of those people that like to call themselves as high rollers that loses everything that they've got is definitely not the kind of person that I'm talking about, if they really are the type of people that I'm talking about, they're not going to go bankrupt or even lasting only one night and they were never really that rich or deserves to be rich in the first place because they don't know when to stop their habit of gambling, a real rich man would know when to quit and have a good time.

If you are someone whose rich and does have that kind of experience on how to make bets then its unlikely that you would go bankrupt so easily since you've been wary about the risks that involves with it or simply you could really be able to compare into those people who have just simply make out some gambling directly on having those kind of quick rich kind of mindset.
On the time that you wont really be able to make out profits and having those experiences about having that tons of loses then this is where realization would really be kicking in.
You would really be putting yourself on so much trouble if you do make yourself that delusional. Just like been said that regrets do always come at the end
and learnings would really be following through it.

[Woodie]

Greed the reason for all losses!!

Anyway, having researched on how to play slots efficiently without blowing your bank balance requires one to have a strategy in the first place! Anybody going to play slots without a strategy is guaranteed to Fail and this is also part of risk management AFAIK.

Like the OPs approach of playing slots with a starting wager of $0.1 tells me they have a strategy, don't look at the small wins as making less money...in the world of slots 'less is more" meaning with time RTP favours the player and you need to know when to increase the wagers.

High rolling in slots is quite dumb in my opinion, since the probability of hitting the x100+ multiplier is too low. Thus, the most feasible strategy is to maximize your number of spins instead of going for YOLO. Thus, if you REALLY need to do martingale shit or progressive betting for whatever dumb reason, 5x from your usual bet is your maximum.

Well elaborated!!

This whole go big or go home approach is what fails many when it comes to slots, and many players are shortsighted thinking they can win in a few spins, when slots reward players handsomely for playing the long game.

 Perhaps gamblers need a refresher course to turn losing rolls to winning one's  

[Su-asa]

It might not be that 99% of gamblers who bet on slots are gone bankrupt. Moreover rolling is very risky. You might lose a lot of money on gamble, rolling slots or casinos games. However gamblers have won big more from slots, some gamblers that win in rolling slots and casinos are keeping it low, they don't say it for others to know the technique they use on winning.
Some bettors can take the kind of risk that you can't take. This is what we call risk what you can afford and don't risk what you can't not afford. Every games have their best winners, and everyone is looking forward to be the best winners for the kind of games they play.

[Churchillvv]

Everyone knows that is greed that drives such gamblers to lose to the extent of selling out properties in order to either continue or pay the remaining debts.

The kind of greed that leads to this bankruptcy is quiet different from a normal greed, I believe there is a cause to everything, in the causality theory something has triggered the gamblers to want the x100 -x1000 on slots because if you ask them about if they know that gambling is risky they will say yes, so they know that they might lose every dime if they continue but they will still continue it's because they have a particular cause to the desire to be rich over night. They do play this slot games with the intention of wanting to prove to themselves or someone that they aren't what people see them to be, speaking from experience because I have lost in gambling because of this same reason but the difference between me and the guys on YouTube it that I don't own any property or I'm still dependant on my parents so when I lose I will quit because I'm out of funds. although I did beg just to go back and continue to prove to myself that I can be rich yet it failed. so this is the same type of greed that has gotten the YouTube guys to there present condition.

[PytagoraZ]

In the past week, I've been watching confessions and sad stories of slot players on YouTube. How did they lose everything, from a motorbike, house, cars, gold, and savings, just to play slots? As a player myself, I can't fathom how this game sucks away so much money and forces people to ruin their lives in a relatively short time. I remember one of the guys got wrecked in less than a week. I thought slots would only ruin someone's life if they were a regular customer and played every day without taking a piss or something.

The reasons may vary from person to person, such as chasing losses, greed, emotions, etc., but the next step they took is all the same, i.e., betting way more than usual. It all begins with the x100 - x1,000 minimum bet that they usually do. For example, I usually bet $0.1/spin, and then x100 - x1,000 means that I bet $10 - $100/spin. That's stupid! One guy took a loan with his house as collateral for $5,000 only to lose it in a few hours.

High rolling in slots is quite dumb in my opinion, since the probability of hitting the x100+ multiplier is too low. Thus, the most feasible strategy is to maximize your number of spins instead of going for YOLO. Thus, if you REALLY need to do martingale shit or progressive betting for whatever dumb reason, 5x from your usual bet is your maximum.

As usual, the threads you create are always great

Slot machines are a source of destruction if played every day, especially with high stakes. Apart from that, Martiangel does not apply to slot machines, if it applies then I will use the formula per 100 spins, such as the first 100 spins bet 0.1/spin, the second 100 spins 0.2/spin, and the third 100 spins 0.4/spin, If we still don't get the bonus, it's better to finish the game. But usually I will convert the currency to IDR so I can bet smaller, maybe around $0.01

I think Martiangel is more suitable for table games, but use it based on feeling, when our luck is bad then using Martiangel will actually make our balance run out faster.

[Cantsay]

High rolling in slots is quite dumb in my opinion, since the probability of hitting the x100+ multiplier is too low. Thus, the most feasible strategy is to maximize your number of spins instead of going for YOLO. Thus, if you REALLY need to do martingale shit or progressive betting for whatever dumb reason, 5x from your usual bet is your maximum.

I think those sponsored streamers are also contributing to this problem of "high rolling" on slots.

If you check most of them on Twitter, you`ll see that they always post snippets of their live screams—moments when they hit x1000, and if you check the amount staked, you`ll see that it`s not anything less than $1,000. Despite being obvious that it was sponsored, meaning the odds of winning in that streamer account would be different from what you`ll experience if you try to roll those same slots, you`ll still see people login to their account to wage the same amount that they saw the streamer wagered. I just feel pity for those who have ruined their lives trying to mimic streamers.

[Dr.Bitcoin_Strange]

A gambler who doesn't know how to manage his bankroll while playing slot games will learn from their experience, because by the time they lose a huge amount of money after playing just a few rounds and get unlucky, their money is gone in a flash. 

It is better to stake just a small amount on a slot than to put in a very large amount at once. Unless for someone who is already determined to waste his money on a slot game with just a few stakes in a few minutes. 

Every time I am playing Crash, I see that some other gamblers are staking high amounts like $200, $500, and even $1k, which could still turn out to be losses. We might see those that stake high amount as stupid people, but many of them have the money and are willing to risk it, which, if they become lucky, is also a huge amount of money they are going to win. If they also lose it, they don't give much fuck about it. 

[chaser15]

High rolling in slots is quite dumb in my opinion, since the probability of hitting the x100+ multiplier is too low.

It's not dumb at all as when you bet higher, you don't need an x100 multiplier just to feel the expected profits.

Even without experiencing the bonus feature, scatters, and free spin, just a normal spin has the chance to give you a better reward in return especially if the pattern contains several wilds (take note that some slots have locked wilds, continuous wilds, running wilds, etc.) What's more, if you experience the bonus feature, scatters, and free spins with that high bet.

What we can call dumb are those who are doing high rolling but don't understand the risks they are dealing with.

[Strongkored]

There is a lack of understanding, especially for those who are new to slot games and at the beginning of the game they can achieve good things so they think this is a game that can make their money increase quickly but in fact it is quite the opposite, that's why I was just speechless when I saw a post from someone on social media showing off his winnings in slot games with the words enough for today and tomorrow play again to be able to save to buy a house, he thinks slot games are like money machines and I think that's because he's new.
I only use slot games as a game for fun and always choose the smallest bet to make the game last longer, not to chase high multipliers because I know that it is quite difficult to get, even though it can be obtained, the chances are quite small.

[bluebit25]

The appeal of gambling is undeniable, but for those who have fallen into a losing situation, perhaps giving them advice to save is really too late.

But through these cases, we realize that we should not make things difficult for ourselves. I myself have also faced the situation of family members getting entangled due to gambling. Since then, I have always been aware of the problem. Even if you gamble, you don't want to get into debt. So I always assume that gambling is an entertainment tool, and if it only brings suffering then it should be eliminated, but the reality is that we ourselves create those things. As well as being aware of responsibility for your own behavior, it can also affect people around you.

[rdbase]

Way, way, way, low. Yes, that's a lot of "way". Because that's how it is.
I also bet with just the lowest amount and I don't buy those special features just to double the multiplier or enhance the bonus chances. For me, those are just a waste of money.
$10. All of that was taken from me without a single high multiplier so I tried using another $10 and I said to myself that will be the last. Luckily, I hit a good multiplier and made it to $18 and the itch to bet more will start. So, I tried risking the $8 that I won. Sadly, all of it was gone in an instant, no bonuses came out, the normal multipliers are way too low that it could not cover all your previous bets.
Then the itch to bet the last capital $10 will come again. Telling yourself you might get lucky this time and get a higher multiplier than the first one.
Sadly, nothing came out and everything is gone.
I think that is what is happening to those Youtuber. The itch keeps on coming and they keep on scratching it.

Watching the lot such as trainwrecks was mind numbing to see how much they just keep betting but he even knows it is rigged in their favor.
He doesn't blame the casino but the provider of those slots of it not triggering the multipliers after they have a certain amount of rolls achieved.
Such in a way they are saying it impossible for a game to not give a bonus if they are losing so much on so many spins.