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Author Topic: The Pattern that 99.9% Leads to Bankruptcy: High Rolling on Slots!  (Read 335 times)
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March 07, 2024, 10:34:55 AM
 #21

I observed a lot of this pattern on most of the streamers I’m watching. They often start low betting that later on increase bets regardless if they are winning or losing. They keep increasing their bets because they have different reason to do so just to level up their game.

They increase their bet when winning using small bet because they think they should win more if they only bet higher amount after hitting high multiplier on small bets that result to chasing that high multiplier again using high amount. This always resulted to lose. I watch a lot of gambler that already up by x2 of their bankroll by betting small and winning big that later on bust all their bankroll because they increased their bets permanently without hitting anything significant win.

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March 07, 2024, 11:54:33 AM
 #22

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.

As a fellow slot players, yeah, you will get REKT if you're not careful playing games as obviously, it's based on pure luck. I even know someone who is in the middle of doing renovations in his house,. But unfortunately, it was still not finished as he become so addicted to slot machines games that the money that he put aside into building his dream house are now in casinos as he lost everything.

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.

And as I have said before, gambling is based on emotions. Anything that will make you gambling it has something to do on what you feel inside so it's very hard to control it.

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.

YOLO it is, this is also what I have learned from a experience gambler here, I wouldn't mention his name. But when I read his post he always talked about it. Just remember to control ourself as gambling is really base on luck and nothing else, even if you YOLO, chances are, you are going to lose more.

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March 07, 2024, 05:38:11 PM
 #23

High rolling on slots is terrible but they feel like that's the game that gives them the best chance. If you say high rolling on any gambling game then I agree, but if you focus just on slots then it would be wrong. High rolling at dice is not smart neither, high rolling at poker is not too, nor at sports betting.

Basically, the reason any gambler would prefer slots is that it is a little bit harder to lose it all there, because you may get something, you may get 80% of your money back, you may get x500 profit, the chances are endless, possibilities are endless. This of course doesn't change the fact that there is a house edge and many people lose their money to it. Unfortunately it's still far better than most other games, even though they all end up with you losing all your money eventually.

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March 07, 2024, 05:43:26 PM
 #24

I observed a lot of this pattern on most of the streamers I’m watching. They often start low betting that later on increase bets regardless if they are winning or losing. They keep increasing their bets because they have different reason to do so just to level up their game.

They increase their bet when winning using small bet because they think they should win more if they only bet higher amount after hitting high multiplier on small bets that result to chasing that high multiplier again using high amount. This always resulted to lose. I watch a lot of gambler that already up by x2 of their bankroll by betting small and winning big that later on bust all their bankroll because they increased their bets permanently without hitting anything significant win.

It was part of the entertainment that's why most streamers have such a pattern wherein they're mixing bets each spin and the highlight is betting with a high amount. The most common is the one you mentioned which starts from a low bet and then with just a few spins, will switch right away to a high bet. From there try to maintain that bet range depending on the result.

But the fact is, once these streamers are out of the stream, they don't behave like that. They will not go easy with the high bets right away and will try to test the waters first at low to medium bets until realizing that they're ready to risk high bets.

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March 07, 2024, 05:53:20 PM
 #25

A very good thread and slot advice from op, and I completely buy in on all that the op said, I myself have been gambling for some years now, and to be honest, I sometimes find Is difficult to believe or wrap my head around how people get addicted to gambling to the extent that it ruins their lives, some even end up killing themselves out of frustration after having lost every thing they have to gambling, and also losing that which they borrowed from other people.

And the real source of my astonishment is also to the fact that, many of us are seeing all this sad tales of gamblers who ruin their lives by their poor gambling decisions, and then, some of us still allow ourselves to fall into same pit of becoming addicted to gambling.

Just like op said, slot games are not games people should be playing for the sake of making money, if you really want to make money off gambing, it's more important to chose sports betting, slot games should be mainly used as a means of just having fun, those who play slot games and hope to make a killing off it are those who always end up killing themselves due to frustration of constant loses and loans they can't afford to settle, we should be wise wise all financial matters relating to gambling.

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March 07, 2024, 11:38:13 PM
 #26

I mean yeah.  I rolling on slots long term is a losing play.  Low stakes for long term and every once in awhile hit the big ones in hopes of a lottery win.  Slots obviously favor the house so anything everyday and longterm end pretty poorly.  Slots to me are used for fun and entertainment.  Friday night out with some friends good for some fun.  That's how I experience slots.

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March 08, 2024, 12:11:14 AM
 #27

Slots and especially the ones with high volatility are made so there will be wins very rarely.
The slots with lower volatility on the other hand have a much lower theoretical RTP (hence their house edge is higher) so it's a tough choice between the two.

I think the safest strategy is to just try and find a slot machine with low volatility and under average house edge to try and beat your luck somehow. Don't roll epxecting to win big though, just roll till you're in profit. And always have some limits in place because getting carried away with slots can certainly lead to bankruptcy.

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March 08, 2024, 02:37:46 AM
 #28

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.

One will be tempted to play at x100 and x1000 due to greed and overconfidence. When they win on a small bet, there will be a temptation to try to increase the bet amount because they think that if they can win on a small bet they should also be able to win on a big bet. This is something that is often experienced which is the beginning of someone becoming addicted to gambling. Some of my friends who have recovered from gambling addiction also said that initially they lost money and their families because they were curious and felt they could win a jackpot of x100. And what's worse is that they use a probability of 100, where if it is a x100 bet, it means they can try 100 times to win the bet. I think that is naive thinking that will lead you to destruction.

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March 08, 2024, 08:10:48 AM
 #29

As a gambler, it's sad to hear about people losing everything by betting big on slots. I know sometimes how it can be tempting to bet more when you are hoping for a big win. But the truth is, the chance is to win like that is way way wayyyy low. For me, I prefer to stick with smaller bets and set myself limits and rules. I'd rather enjoy the game without taking big risks. Knowing when to stop is key to having fun without getting into trouble.
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March 09, 2024, 06:53:16 PM
 #30

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
LOL, you think whales can't go bankrupt because of slots?

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
The principle of marti-angle (lul) still holds somewhat as you said, double per 100 spins if there is no big win. For simplicity, I call it martingale, but it should be termed progressive betting. Anyway, I use it sometimes but for sure not more than 5x of my initial bet.

I think those sponsored streamers are also contributing to this problem of "high rolling" on slots.
...
Yep, there are still people out there who don't know that those streamers use fake money. Imagine a nobody plays 4 tabs with $100/spin each... insane.

I observed a lot of this pattern on most of the streamers I’m watching. They often start low betting that later on increase bets regardless if they are winning or losing. They keep increasing their bets because they have different reason to do so just to level up their game.
You should see they do progressive betting (martingale) on bonus buys Grin

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March 09, 2024, 06:59:25 PM
 #31

in this type of game, beyond the amount to bet, it is not possible to influence the progress of the game in any way.
Going to make over-budget bets is too risky, but going for loans with the hope of winning back the principal, is really something that can lead to serious financial problems.

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March 09, 2024, 07:31:19 PM
 #32

Many gamblers believe they're special snowflakes – that they have a secret strategy or a lucky charm that will defy the odds.  This illusion of control is powerful, but it's also about as real as unicorns.  Gambling is designed for the house to win, and any "strategy" is just a way to make losing feel a little less painful.

Sometimes gambling becomes a weird way to prove something to yourself or others.  Maybe you feel like you have to show the world you're a winner, or silence that nagging voice in your head.  The problem is, losing everything only makes those negative feelings even louder.  Talk about a major bummer, dude.

Losing sucks, no doubt about it.  But for some gamblers, it triggers a desperate chase to win back what they've lost.  They keep throwing money at the problem, hoping to somehow come out ahead.  It's a vicious cycle fueled by denial and a serious case of the "maybe-next-times."

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March 09, 2024, 08:59:33 PM
 #33

I've seen some people who posted on the internet that they won millions of dollars on slot machines because they bet and were lucky enough to hit the biggest multiplier and something that I always wonder about when I see photos like that and how much money the guy put in each spin and how much money in total the fighter lost and while the guy who posts this never answers my questions, I don't know why, but I suspect it's probably because they fear it will be discovered that for him to achieve such a victory it was because he had many losing rounds and lost a lot of money to the point that if we take the money lost from the value of the money he earned we will see that in fact his profit will be very small

I usually say that slot games are illusory, when a person puts pennies on each spin and puts bigger multipliers, so if that person is lucky enough to hit that biggest multiplier, then the value was not millions of dollars, it will be at most an amount small amount of money, the type of amount of money that doesn't change the life of the person who got it right, and when that person withdraws from that money the amount they lost, they will be left with an insignificant amount that will simply be enough to continue playing, and most people don't play For fun, they play to win a lot of money because they know that there are few chances of actually winning a lot of money.

That's why many people who play slots place larger amounts of money in each section and place large multipliers, this way if they are very lucky they will win a lot of money if they get it right and the sooner they get it right the better because it doesn't leave room for many losses, that's not the case. In their heads, unfortunately they lose a lot and it takes them a long time to realize that it is useless to rely on that game to win a lot of money and that it is not good, and it is a bad thing to put a lot of money in each section because they will only lose money and with a high risk of never win at a high multiplier. When people see photos of people who won millions of dollars in some game that depends on luck, they don't ask how much loss they had to get to the point of winning

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March 09, 2024, 10:54:08 PM
 #34

in this type of game, beyond the amount to bet, it is not possible to influence the progress of the game in any way.
Going to make over-budget bets is too risky, but going for loans with the hope of winning back the principal, is really something that can lead to serious financial problems.

Exactly! Greed is one of the most serious reasons why a person's life is ruined, for any reason, especially gambling. Imagine? What sane person would think of taking a loan from the bank to recover the money he lost? You just added to the problem you are facing because of the wrong decisions you are making. Knowing that you have played slot games, the chances of winning are low especially if you do not know the correct strategy on how to play it. Actually it's tempting to play and it requires a lot of self control to play it because you don't realize that you have to press a few times until you run out of balance, and you also don't realize that you're slowly becoming addicted to this game.



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March 09, 2024, 11:18:43 PM
 #35

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?

This is a typical result of gambling addicts because I can't really factor out someone losing everything just for the sake of satisfying their gambling moment where they keeps losing their valuables it looks crazy.
Most times when they are going into addiction it's very hard for them to detects and come to realization of what they are doing, some as you may have outlined is a result of chasing lose which I do calls it revenge gambling whenever someone involves himself into this he wouldn't know when he is engaging himself or herself into revenge gambling at the end he would ends up losing more money. Again there are someone games we aren't meant to dip down our heads to know it because sometimes knowing more games create bigger chance for one to keep losing money at the cost of gambling.

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SPIN

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March 09, 2024, 11:53:45 PM
 #36

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.
The thing is that, no matter how small or big your bet is per play, if you don't control how many plays you make in a single game it's not gonna make a difference. You're no different from the guy who spends 100 bucks per day on gambling alone if you make one hundred 1 dollar bets every time you play, and slots is just the perfect game to distract you from that. It's easy to get mesmerized and distracted with slots. After all, you only look at a screen that flickers patterns, you pull a crank (sometimes) and that's all there is to it. You don't feel the passage of time as every game's really quick and fleeting, each loss you incur isn't as painful as it is with other games since you're only losing a buck at most.

Eventually though you find yourself betting more money, either by playing more or making larger bets, partly to recover the losses you suffered from previous altercations but it's never gonna happen, you won't recover shit. You're going to just pile up on the mountain of losses you already have until what you're left with is a sad, hollow, shell of the former person you were, hundreds of thousands of dollars in debt, possibly criminal charges put against you, and a life overturned all because you didn't notice how much you bet every time. This is the truth for a lot of us in here. That's why I swear against slots. They're not even fun to begin with lol.

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March 09, 2024, 11:59:41 PM
 #37

I've won on slots in most cases just by spinning alot and stopping when I thought it wasnt likely to yield more results that day.  I wouldn't have the guts to want to put alot on in a short period of time because you dont know that period of time would just all be bad luck meaning you dont win and lose too much to cash out positively that day.

Slots is the most flashy entertainment based game, anyone whose doing high rolling maybe should be on cards or some of the more old fashioned games even sports betting I'd prefer so long as you do your homework but again I would always split the value up to accumulate not hope for luck in one or only a few particular instances.
  

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March 10, 2024, 12:35:12 AM
 #38


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 is very dumb in my opinion too. Even in other gambling too, high rolling is a dumb idea because we can only predicte the outcome of the bet, we are not yet sure what the result of that bet will be. Most of us have seen how Drake easily lost $615, 000 just in one bet. It is a huge lose that we must learn from and not gambling large amount on one game.

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March 10, 2024, 03:15:11 AM
 #39

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.

Indeed, the easiest thing is to blame other people or accuse service providers of deceiving their users. rather than having to examine ourselves and evaluate our bad behavior. and this is what differentiates a stupid person from a fairly wise person.

and it's not like we knew from the start that slot games were created to generate profits for their owners, where most of the casino's income is supported by slot games. So only a fool would spend all his money on a gambling game where the winnings are clearly regulated by a system that can only benefit the owner. because after all, if we talk about slot gambling, this is a type of machine gambling whose system can be arranged in such a way. This is a type of gambling where winning depends entirely on the luck factor. So there is no such thing as a special pattern or strategy that can enable someone to win, unless someone is really lucky to get it.

Gambling is an opportunity to seek entertainment and pleasure, not to seek profit, so play appropriately, don't overdo it. However, if you are determined to make a profit from the gambling you do, then look for a type of gambling that doesn't just rely on luck, but also involves skill. So you can always increase our chances of winning, such as betting on football or several types of card games.

Quote
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.

When someone is addicted enough to the gambling activities they do, then they will never hesitate again if they have to sacrifice everything and do everything they can to get money for gambling.

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March 10, 2024, 04:54:48 AM
 #40

I ever see a high roller playing dice using max amount, surprisingly he can make money from it because his stats is appeared in history. Although slots has higher house edge than dice, but they're same IMO, the outcome is random and can't be predicted.

It is very dumb in my opinion too. Even in other gambling too, high rolling is a dumb idea because we can only predicte the outcome of the bet, we are not yet sure what the result of that bet will be. Most of us have seen how Drake easily lost $615, 000 just in one bet. It is a huge lose that we must learn from and not gambling large amount on one game.
You shouldn't compare it to Drake, Drake is a Stake ambassador, he might using free/fake money which given by Stake for him to gamble, so if he lose, it won't affect him. A real high bettor is an unknown person who not promoting the casino.

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