Did gambling losses are traps to new game

[Dewi Aries]

When I had meet my friends last Sunday,We had discussed about this topic.We are friends based on our gambling interest and all of us are the gamblers.I had already mentioned about my friend who loss 2k in this below thread also take part in our meeting.

https://bitcointalk.org/index.php?topic=5493038.0

He keep on playing the gambling with some loans from our friends circle to manage the 2000 dollars previous loss.But the result is both positive and negative based on his luck.One of my gambling friend said this “Gambling losses are the traps for the gamblers to get into gambling again.”He added when the gambling loss was increases,most of us will do the gambling to recover the old loss.Because no one earning money without work,So our wish will be to balance the old losses in the gambling site.Share your opinion on this.

With my experience,I had use to win and loss based on the time I am playing the game.If I had the gambling at the sleeping mood,most of the time.I had loss the capital money in the gambling site.The winning also depends upon the gambling experience,many gamblers use to play the game based on the game experience.But some gamblers think the gambling was based on the luck,So they only do the random betting in the gambling site.The reason for most of the loss in the gambling sites are repeating the same algorithm in the gambling site after the gambling site change their algorithm to the game.

Did you guys trust on gambling algorithms or do the random betting in the gambling site to check the current luck in the gambling sites…

To answer your question, I will say that checking the algorithm on a gambling site and hoping to beat it is the same as trying to paint the sky. Algorithms are created for this purpose so that owners earn money. They are built in such a way that in the end gaming casinos (or whatever) remain in the black. It doesn’t matter what algorithm you use, if it’s an online casino or something like that, then in the end the betting will remain in the black.
Regarding your friend, who borrowed money to close his losses, I believe that sooner or later he may have problems. With this strategy, gambling can cause him headaches. You can't use money to gamble that you can't afford to lose. It is especially forbidden to take out loans, borrow money for this, or use money that needs to be paid for bills.
Good luck to you and your friends.

And I will also say that until whenever you or anyone will never be able to find out about what algorithms are applied by the casino to each game they provide, because surely they will guard it very tightly, because obviously if the gamblers know about the algorithms or formulas applied by the casino then obviously it is likely that the casino will experience a lot of losses, and so far I have never heard of this incident, meaning that it can be concluded that the casino applies algorithms that can never be known by gamblers except the casino itself.

Another thing is that I also believe that someone who always tries to chase losses in gambling will eventually suffer a lot of problems like what you said and it's true because I think it's a common thing that many gamblers have experienced many downturns when trying to carry out the idea to achieve recovery, and the downturn can be even more tragic when the money you use to chase losses is money borrowed.

[pawanjain]

In a way, it is. Gambling is a trap for addict players who cannot control their urge to gambling frequently.
It becomes a trap because the gambler loses all what he has got in the process of recovering losses.
It's not necessarily the same for others. It's a fun thing and a good entertainment for many people.
So it becomes subjective as the same thing might be good for one and bad for the other.

[Litzki1990]

A casino company will never operate at a loss. Before gambling, never forget that the casino systems you are gambling in are designed in such a way that their profits remain and the results are more in favor of the casino. While playing casino games you must be a lucky person because luck is very important here as the systems are designed in their own way and the result is definitely nothing but luck. I always say that if you are gambling make sure you choose a gambling category that requires you to have some skill in gambling. If a gambler gambles based on his own skill, he can never gamble and say that he lost because luck was not on his side. For example, a sports bettor who plays must bet on sports based on his skill. Because if you don't know about different teams, you can't bet about sports.

The knowledge is crucial, at least doing things like reading, analyzing and team review could help when placing money on sport games, yet it has no guarantee of winning the game. These skills as you mentioned helps a long way in teaching the player ways to gamble, it also keeps the gambler ahead of people who don't do any of these things, still doesn't mean the other players wouldn't win because they didn't analyse their bets.

Moreover, harnessing skills from gambling may include but not limited to money management, time limitations for slot players, and emotional self control. These things helps a gambler in all walks of life. Not just in the casino. That's a better knowledge from gambling for a person who is not interested in knowing about sports analysis. He'd be able to control how he wagers money into gambling. This will also put the player away from getting compulsive or toyed around with losses; playing more for the sake of losses. However, it's right that losing makes a player to go for more, yet with the control in place, the player wouldn't do that for a long period.

If we plan to gamble then we should plan gambling toys that way. If we consider gambling as a normal game then we will be wrong because gambling is not normal like other normal games because if something goes wrong here all the money can be lost. I prefer to rely on my own skill in gambling rather than relying on direct luck. As you said if we bet on sports we must bet on those games that we have an idea about. Like I like to bet on football because I know enough about the game of football and I know enough about each team and player of the club and national team, if I bet on a football match then I must think enough and then make the bet. Since I will think and plan several times before betting on football, the results will definitely be more likely to be in my favor. If you rely on your own skill, if nothing untoward happens in the match, then skill will surely win.

Gambling is more than throwing chips and hoping for a miracle. A calculated dance with probability and human nature. Of course, skill matters, especially in sports betting, where knowledge is everything. No matter how skilled you are, luck is always around. If a star player gets hurt, a ref makes a terrible call, or a freak storm hits, your "sure thing" bet is gone. Gambling is like that. Skill can help, but it's still luck. Accept the crazy ride, manage your risk, and don't rely on skill alone. Know the odds, set limits, and realize it's a gamble. It's the truth

If a star player is injured and leaves the field, then the remaining 10 players will remain in that team to perform and a player will be brought into the field instead of that star player. I would certainly not be wrong if I bring Real Madrid as an example here.
Suppose a weak team is playing against real madrid and in that game one of the important players of real madrid gets injured and leaves the field in the middle of the game then do you think real madrid can lose against that weak team. I don't think Real Madrid will lose against that weak side because if one important player is out due to injury then 10 other important players will play in their team as well as a substitute player and they will definitely not let their team lose. During the match we can see some undesired wrong decisions by the referee but a referee does not always give wrong decisions and strong teams must have the ability to defend even if there are undesired wrong decisions. So I would say it is more important to focus on your own skills rather than depending on luck.

[traderethereum]

In a way, it is. Gambling is a trap for addict players who cannot control their urge to gambling frequently.
It becomes a trap because the gambler loses all what he has got in the process of recovering losses.
It's not necessarily the same for others. It's a fun thing and a good entertainment for many people.
So it becomes subjective as the same thing might be good for one and bad for the other.

We must be careful when playing gambling because we knows that gambling can tempts gamblers to keeps playing gambling and will not thinks to breaks for a while. Gamblers will not realizes that they already make a mistakes because they are having fun in gambling and spends much money.
But when gamblers can treats gambling as well, they don't have to worry with the trap because they can sees that playing gambling too long can makes them loses their money. They will stays alert with the temptations that they see in many places and always trying to control themselves.
After all, we must control ourselves and always remember that gambling is just for fun. We can't use gambling more than that.

[Blitzboy]

Experiencing loses doesn't mean that such gambler will be in loss all his time in gambling. Most time the gambler has not gotten himself familiar with the casino or the games in the casino platform. Yes, losing in gambling can make someone strategies a different approach to gambling which would make him win or lose more. Its not a trap because there is a probability that they may win in the process. But it can be somehow a trap since the gambler would turn out to be addicted if he continues to play no matter how many times he losses.

I don't think gamblers will put their money where they don't understand how to play the game. Usually they see the game first how to win in the game and usually because they are curious they want to try it and seek their luck in this newest game. Winning or losing is not a trap for them, they have shown their abilities but luck is not on their side. Their addiction is usually very difficult to get rid of. The feeling of wanting to chase past defeats is much greater than wanting to stop.

People arent stupid. They wont waste money on unwanted items. The unknown, testing their talents, and sometimes luck are what makes it exciting. Sometimes they win! People dont always lose. The boundary between fun and addiction is smaller than you believe. Wins can be highly addicting since the brain craves rewards. Its brain structure, not intelligence. Like a powerful undercurrent, it pulls you in. There's no shame in confessing when its too much. All of us have vices, but we must know when to stop. Help is available for the unable. People, admitting you need help is brave.

[jossiel]

Another thing is that I also believe that someone who always tries to chase losses in gambling will eventually suffer a lot of problems like what you said and it's true because I think it's a common thing that many gamblers have experienced many downturns when trying to carry out the idea to achieve recovery

The most results that gamblers will get upon chasing losses won't be good, we can be the living proof of it because whenever we chase our losses, nothing comes good out of it.

and the downturn can be even more tragic when the money you use to chase losses is money borrowed.

I agree because the problem might be bigger than that when a gambler develops that thought of chasing losses. And not just borrowing money but even selling important things that they're able to buy through saving and hard work.

[Oilacris]

In a way, it is. Gambling is a trap for addict players who cannot control their urge to gambling frequently.
It becomes a trap because the gambler loses all what he has got in the process of recovering losses.
It's not necessarily the same for others. It's a fun thing and a good entertainment for many people.
So it becomes subjective as the same thing might be good for one and bad for the other.

We must be careful when playing gambling because we knows that gambling can tempts gamblers to keeps playing gambling and will not thinks to breaks for a while. Gamblers will not realizes that they already make a mistakes because they are having fun in gambling and spends much money.
But when gamblers can treats gambling as well, they don't have to worry with the trap because they can sees that playing gambling too long can makes them loses their money. They will stays alert with the temptations that they see in many places and always trying to control themselves.
After all, we must control ourselves and always remember that gambling is just for fun. We can't use gambling more than that.

Each person is really that different when it comes to things and the decisions that they are making, whether they would really be that stopping on the moment they do lose money or they would really be that tending to continue just because they are aiming for some big wins or trying out to chase their loses? On the moment that you are losing then it would be that a common human being nature that you would really be tending to break even. This is something that cant be avoided because even if you do say that you are just that playing for fun but deep inside you would really be that basically be still trying out to be a winner.

This is something that what makes this industry becomes that profitable due to the fact that people or gamblers would really be tending up to chase into something which we know
that it could potentially be losing up even more or simply not really worth on doing so.

[DaNNy001]

Did you guys trust on gambling algorithms or do the random betting in the gambling site to check the current luck in the gambling sites…

I strongly believe there is no way possible for anyone to actually track and successfully get a whole of the algorithm that casino used for setting the games because if that's possible then that would mean that gamblers can easily win this casino's out of business which is never actually going to be possible because the whole system itself was built and designed in order for you as the gambler to lose then they make profit although there are times when someone or even me can get Lucky and win something big in the casino but that too doesn't solidify and guarantee that they are ways to make this a positive everytime.

So the best one can do is actually to wager the little he can and enjoy the betting rather than making it a possibility that you must win because that's only going to get you more trapped and even probably lose more money.

[SUPERSAIAN]

In a way, it is. Gambling is a trap for addict players who cannot control their urge to gambling frequently.
It becomes a trap because the gambler loses all what he has got in the process of recovering losses.
It's not necessarily the same for others. It's a fun thing and a good entertainment for many people.
So it becomes subjective as the same thing might be good for one and bad for the other.

Considering that it has an advantage in the house, the more we gamble online, the more likely we are to lose. The advantage of the casino is not that high, of course it varies depending on the casino, but I know it is low. The important thing is that you spend a lot of time here, even a small percentage has a high probability of winning, which becomes a dead end for those who spend a long time.

Usually, when you lose, it's emotional and you want to get back what you lost, but that only puts you in a worse situation. Sometimes it is best to stop when you lose, but when you don't know how to stop, you start taking loans left and right.

[Viscore]

Usually, when you lose, it's emotional and you want to get back what you lost, but that only puts you in a worse situation. Sometimes it is best to stop when you lose, but when you don't know how to stop, you start taking loans left and right.

That's right, I also experience that, but after learning from my mistakes and realizing that gambling is not all about winning, I realize that I should be more realistic a build a good bankroll that is intended to last a long period. Gambling is only risky and someone might loss control if it's not properly planned, see that losses coming as it's inevitable and then learn how to handle the feeling so you'll not be stress.

When you are gambling and you think this  one bet you make is a sure win, or you are too confident, that will likely result to big losses as you might not be able to accept the outcome and you'll be more aggressive to bet more than you can already afford, believe me I've been there that's why I try to find the solution to control myself.

[Sandra_hakeem]

He keep on playing the gambling with some loans from our friends circle to manage the 2000 dollars previous loss.But the result is both positive and negative based on his luck.One of my gambling friend said this “Gambling losses are the traps for the gamblers to get into gambling again.”He added when the gambling loss was increases,most of us will do the gambling to recover the old loss.Because no one earning money without work,So our wish will be to balance the old losses in the gambling site.Share your opinion on this.

First of all, I'd like to give out some piece of advice to  him through you; Tell him that nobody has ever made a good outcome from refusing to listen and learn. Secondly, there are a whole lot of things that you can't do without being oriented.

I'm wondering why your circle of friends would wanna lend him money, when they know he's only gonna gamble with it... How are they intending to get a refund?

Did you guys trust on gambling algorithms or do the random betting in the gambling site to check the current luck in the gambling sites…

The so-called algorithms were created by the casinos themselves... Are you aware of this?.. It's better to make your speculations and wager at that - if it's cuts, better!

[Wakate]

In a way, it is. Gambling is a trap for addict players who cannot control their urge to gambling frequently.
It becomes a trap because the gambler loses all what he has got in the process of recovering losses.
It's not necessarily the same for others. It's a fun thing and a good entertainment for many people.
So it becomes subjective as the same thing might be good for one and bad for the other.

The way and manners we are gambling is very important so we don't keep playing games when we don't have any winnings. Those who are gambling need to be wise and make good decisions that will be helpful and will not allow them to keep losing frequently without taking decisions that will be very useful to limit the way they gamble and how frequently they do it. Gambling loses are a big trap to many gamblers they are not very conscious on the way they are gambling. We can always gamble at every pace but being disciplined is one thing that we need to make sure that we are very careful of every steps we take to make this money.

[Dr.Bitcoin_Strange]

Something that we must always avoid at all costs is not to fall into diction, because addiction is the worst thing that a person can suffer, that is why before entering a casino I think that each one should know their interests very well, both on an emotional level. as economical. , it is known that when it comes to money you cannot exceed it, and the most important thing is that the house edge is something that cannot be forgotten, the house edge is something that the player will always fight for, yes. In some cases you can win and in others you can lose a lot and that always has to be considered, that is why in this case it is considered that each of us must be very responsible when playing, I believe that in games there are no cheats Only the house edge guarantees your winnings.

You are right, mate. As we've said a couple of times, addiction should be avoided at all costs because it is worse than one can imagine. Take, for example, a man who took gambling more seriously than paying for the school fees of his kids, someone who preferred gambling over the needs of his family, someone who prefers gambling over his loved ones, etc. 

I read a headline where a man was arrested somewhere outside the country. The reason for the arrest was because he left his little kids alone in the house and went to gamble at a casino far from his house. It's terrible how gambling addiction has treated some people. 

[uneng]

Usually, when you lose, it's emotional and you want to get back what you lost, but that only puts you in a worse situation. Sometimes it is best to stop when you lose, but when you don't know how to stop, you start taking loans left and right.

I believe gamblers keep playing after they lose money, because they think it was just a streak of bad luck they had, so they start a new game hoping to be luckier this time. However, they just ignore the house edge impact over their gambling results on long run. They see this as solely about being lucky or unlucky, although in fact we know it's not only about luck, but also mathematics, as the house has a slight advantage of 1%-2% on every games, which inevitably makes gamblers lose money the more they play.

Some may consider it a trap, and that is understood, but at same time we can't deny it's public information, so every gamblers could be aware about it if they read the mechanics of the casinos before depositing and playing.

[Blitzboy]

Did you guys trust on gambling algorithms or do the random betting in the gambling site to check the current luck in the gambling sites…

I strongly believe there is no way possible for anyone to actually track and successfully get a whole of the algorithm that casino used for setting the games because if that's possible then that would mean that gamblers can easily win this casino's out of business which is never actually going to be possible because the whole system itself was built and designed in order for you as the gambler to lose then they make profit although there are times when someone or even me can get Lucky and win something big in the casino but that too doesn't solidify and guarantee that they are ways to make this a positive everytime.

So the best one can do is actually to wager the little he can and enjoy the betting rather than making it a possibility that you must win because that's only going to get you more trapped and even probably lose more money.

The casinos arent managed by fools. They have industry experts designing these games. To believe you can outsmart them with an algorithm is absurd. No doubt, I enjoy a challenge. Gambling is about understanding the game, not rigging it.

No strategy wins every time. But thats its charm! Unpredictability and excitement keep us coming back. Instead of searching for an algorithm, enjoy the moment. Practice, play intelligently, and who knows? Maybe you'll win the jackpot. Maybe you dont, but its not always about winning. Traveling, having fun, and telling stories are important.

[Crypto Library]

Did you guys trust on gambling algorithms or do the random betting in the gambling site to check the current luck in the gambling sites…

I don't think so that gambling losses are traps to gambling more It's all about responsibility and self-control of that gambler if that gambler can't have control on this emotional and if he chasing for win then you can say losses are traps to those irresponsible gamblers. And I will say not only the losses are trap for them wins are also gonna be trap for them because if they have don't control on their emotions and mind wins can make them greedy and fall in more losses.
And taking about their algorithms they buy from the software companies or made by their own programmers have to be on well certificate or open source.

[Solosanz]

It's not a trap, but it just a psychology that make your friend to try new game and he think the new game has higher chance to win. The reality when you keep losing in the current game, it doesn't mean you will not hit huge multipliers and you could suffer lose streak in new game.

At least moving to new game is nothing wrong, but there are still many stupid gamblers choose to create new account and say their old account have low luck, the thing is many casinos forbid of multiple accounts usage.

[Mr. Magkaisa]

When I had meet my friends last Sunday,We had discussed about this topic.We are friends based on our gambling interest and all of us are the gamblers.I had already mentioned about my friend who loss 2k in this below thread also take part in our meeting.

https://bitcointalk.org/index.php?topic=5493038.0

He keep on playing the gambling with some loans from our friends circle to manage the 2000 dollars previous loss.But the result is both positive and negative based on his luck.One of my gambling friend said this “Gambling losses are the traps for the gamblers to get into gambling again.”He added when the gambling loss was increases,most of us will do the gambling to recover the old loss.Because no one earning money without work,So our wish will be to balance the old losses in the gambling site.Share your opinion on this.

With my experience,I had use to win and loss based on the time I am playing the game.If I had the gambling at the sleeping mood,most of the time.I had loss the capital money in the gambling site.The winning also depends upon the gambling experience,many gamblers use to play the game based on the game experience.But some gamblers think the gambling was based on the luck,So they only do the random betting in the gambling site.The reason for most of the loss in the gambling sites are repeating the same algorithm in the gambling site after the gambling site change their algorithm to the game.

Did you guys trust on gambling algorithms or do the random betting in the gambling site to check the current luck in the gambling sites…

      -    I agree with your friend when he said that gambling is really a trap, because if others have lost a lot by gambling, they will not allow it to be recovered, so they will really come back to recover what they lost. 

Until now, there are still many gamblers who have that habit, even though they know they always lose when they play gambling, until the amount they lose just keeps getting bigger and bigger.
And I think this is already like a sick for the gamblers, isn't?

[naira]

In a way, it is. Gambling is a trap for addict players who cannot control their urge to gambling frequently.
It becomes a trap because the gambler loses all what he has got in the process of recovering losses.
It's not necessarily the same for others. It's a fun thing and a good entertainment for many people.
So it becomes subjective as the same thing might be good for one and bad for the other.

In general, losing in gambling is a trap for everyone, no one is excluded. However, after experiencing defeat, there are those who stop not to do it again and there are also those who continue by wanting to bet again in a larger amount or what is often called chasing defeat. This means that in gambling, the perspective of every defeat is to teach you to stop or keep going. Sometimes I take a break, as I did a few days ago, closing my casino account for a period of 2 to 3 months with the intention of unwinding for a full season of football betting. I want to try to reflect on myself, go out to breathe the cool mountain air, and enjoy the holiday. There is a positive side that we will be on holiday for quite a long time until next season starts.

[Accardo]

Usually, when you lose, it's emotional and you want to get back what you lost, but that only puts you in a worse situation. Sometimes it is best to stop when you lose, but when you don't know how to stop, you start taking loans left and right.

That's right, I also experience that, but after learning from my mistakes and realizing that gambling is not all about winning, I realize that I should be more realistic a build a good bankroll that is intended to last a long period. Gambling is only risky and someone might loss control if it's not properly planned, see that losses coming as it's inevitable and then learn how to handle the feeling so you'll not be stress.

When you are gambling and you think this  one bet you make is a sure win, or you are too confident, that will likely result to big losses as you might not be able to accept the outcome and you'll be more aggressive to bet more than you can already afford, believe me I've been there that's why I try to find the solution to control myself.

Seriously a gambler is not meant to think his predictions are always right because these are the mistakes that causes losses for a gambler. In the game of money it is never easy to earn it. Hence, in gambling, however, winning is not also simple for players. Winning, in all aspects of life, is also very difficult to get. Gamblers need to get used to the ways the game works. Just like on your experience where you learnt from your mistakes.

Many other players may not be able to handle such controls as you did. That's why a lot of gamblers fail to realize how losses is the trap that awakes gamblers to make more mistakes. Terrible ones at that. When I lose money, definitely I'd try again, but not on a regular base as most player who don't remember they've been playing for a long time due to losses. Indeed, it's a trap, and when a person falls into one it's his duty to plan his ways out.