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Author Topic: A reservoir of unpredictable games.  (Read 578 times)
EarnOnVictor
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July 11, 2024, 09:36:14 AM
 #21

I once had this guy coming around to bug me with weekend fixtures for coupon draws... Not until someone volunteered to stake heavily on them odds, just to prove to him that the authenticity of his games weren't guaranteed. Since he wasn't in a position to wager the games himself, the agreement was that if anyone wagers and it doesn't cut, he'll have to pay for the loss.. "I was surprised when he readily accepted". His confidence threw me off, but something kept telling me that he's got too much ballsiness for it to not.
 
Long story cut short, it was a win! yes, it became a surprise and infact, a mystery to everyone that his prediction just delivered as though he arranged with the fixed draws -- 6 draws came through and since then, he kept making predictions on that premise, but the opposite was the case for everytime he wrote down random numbers. Infact, he has never won since then!
Why do people see themselves as a reservoir of unpredictable games whenever they bag a huge win in the midst of others?
I believe you wanted to write "it does cut" where I boldened above, you might want to correct it.

You see, winning always gives people convenience but some people are not just wise about it. The outcome of now doesn't give any guarantee about the outcome of later, no one has ever beaten gambling in the long run without some losses, it's only overconfidence that can make people have that sp much gutsy approach to gambling.

I'm happy that the story did not end in his winning but some subsequent losses as well to prove my point. I hope he pays for the cut ones which he agreed to, this should make him calm his nerves too. For instance, a 75% win in sports betting is not bad at all, and as little as a 25% shortage of 100% is, it is enough for us to stop overconfidence no matter how good we think we are.

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July 11, 2024, 10:47:31 AM
 #22

We only knows that's because of his luck gives him the wins. Not many people can wins consecutive like him and he is really a lucky guy. That can happens in the casino but we never knows who are they so that guy have his luck that helps him to wins.

If they wins in the first time, they can feels that they still have luck and can wins more and more money. Some people will decides to continue playing gambling by placing their bet and this time, they will place a bigger bet. They can wins but not many of them can wins because many people will lose if they can't realizes that they can't wins many times in gambling. They must realizes that they should stops after some wins so they can save the wins money and not trying to chase the wins. Maybe that's a coincidence for them to wins for some rounds but they can't always wins in the next rounds.

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summonerrk
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July 11, 2024, 11:03:41 AM
 #23

We only knows that's because of his luck gives him the wins. Not many people can wins consecutive like him and he is really a lucky guy. That can happens in the casino but we never knows who are they so that guy have his luck that helps him to wins.

If they wins in the first time, they can feels that they still have luck and can wins more and more money. Some people will decides to continue playing gambling by placing their bet and this time, they will place a bigger bet. They can wins but not many of them can wins because many people will lose if they can't realizes that they can't wins many times in gambling. They must realizes that they should stops after some wins so they can save the wins money and not trying to chase the wins. Maybe that's a coincidence for them to wins for some rounds but they can't always wins in the next rounds.

Yes, such people should stop after several defeats in a row, but doing so is much harder than it seems. After all, we all know mathematics, and if a gambler has an unlucky option several times, then the chance that he will soon get a lucky one increases with each new defeat. And the hope for such a lucky chance is what drives the gambler.

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July 11, 2024, 11:57:55 AM
 #24

Most persons who have been able to get some huge lucky wins and then got lucky again to replicate such results a few times begin to forget they are gambling and think they are now an icon of the game and can probably command events to turn in their favour.

They fail to understand that the word gambling itself means trial and error, which means most of the times you may have to depend on luck and if you get lucky it doesn't .wan you are better at it then the other who lost, you were only Lucky at that point in time and you could get unlucky thereafter.

This feeling has been what has made some people buy into the idea of thinking that they are reservoirs of unpredicted games, they feel too lucky and believe they have got a working pattern that will always push the odds in their favour until they suffer another huge loss.

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July 11, 2024, 12:07:40 PM
 #25

Confidence? At least some games will be wins if you keep placing bets on a game. Maybe a chunk of them came together. This is what I felt happened, the OP was a difficult for me to get a summary of.

A small number of clustered wins--> false confidence--> losing all bets after that.

I think this has been fairly common among some gamblers, specially in their starting days. Never be haughty about your wins. Accept losses or wins and be humble and move on.

R


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July 11, 2024, 12:38:39 PM
 #26

Why do people see themselves as a reservoir of unpredictable games whenever they bag a huge win in the midst of others?
It is unwise for someone to see himself as a reservoir of unpredictable games. Because as we all know gambling is a game of luck, and when a person win it's either the person chose the wright games at that spot but doesn't mean he is a genius. Some people even go as far as taken money from people in the name of having a well predicted sure game, and after the game disappoint his clients he became angry and may not be trusted by those that was decieved. This act has become a popular attitude among youths of this days because lack job. Sometimes people are the cause of this thing, whenever somebody win, people cluster him and begin asking him the secret behind the win. Some will even offer to pay when you don't ask them and such person may be tempted to accept the offer and gives them what he also played.

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July 11, 2024, 12:44:17 PM
 #27

I don't like it when I win in a streak, next to it will be hell. Cheesy

So he made the right pick on the early stage and it changed on the next ones. I thought the story would end with "He is still making the right predictions." but he ain't anymore. So the truth is still there that there is no way we can predict the games unless they are fixed matches.
I think he saw himself as a Nostradamus of whatever sport he is predicting but there's really no 100 percent and I won't say he got lucky because I think he is doing his homework but maybe he got lazy on the next matches.

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July 11, 2024, 01:09:47 PM
 #28

Because as we all know gambling is a game of luck, and when a person win it's either the person chose the wright games at that spot but doesn't mean he is a genius.
The funny thing is that not even geniuses can play and win every game of chance there is. I have never seen anyone come up with a fool-proof strategy of winning in gambling especially games of pure chance and luck.

Of course games of cards and such can be studied to make good strategies but if we are to only look at games that are totally random, no one can actually beat those even if you are a descent of Einstein himself.
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July 11, 2024, 02:24:25 PM
 #29

Seems that guy found by the luck but again it is not skeptical that is someone lurking around giving a free odds of chance to win, imagine he's just willing to make a risk to pay if the player will not win the game and seems all of the favor to get convince you is to make a sample player win a large amount of money with the help of him well the intention is not quite clear to me so personally I will not fall with the possible just a bait to get your attention.

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July 11, 2024, 02:44:05 PM
 #30

I once had this guy coming around to bug me with weekend fixtures for coupon draws... Not until someone volunteered to stake heavily on them odds, just to prove to him that the authenticity of his games weren't guaranteed. Since he wasn't in a position to wager the games himself, the agreement was that if anyone wagers and it doesn't cut, he'll have to pay for the loss.. "I was surprised when he readily accepted". His confidence threw me off, but something kept telling me that he's got too much ballsiness for it to not.
 
Long story cut short, it was a win! yes, it became a surprise and infact, a mystery to everyone that his prediction just delivered as though he arranged with the fixed draws -- 6 draws came through and since then, he kept making predictions on that premise, but the opposite was the case for everytime he wrote down random numbers. Infact, he has never won since then!
Why do people see themselves as a reservoir of unpredictable games whenever they bag a huge win in the midst of others?

It could have happened with anyone. Once we win a bet we become more confident naturally and place higher bets.
But as an active gambler we must know that lucky plays a crucial role in gambling and not every day is a good one.
We should be cognizant of the fact and limit ourself from going out of our way.

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July 11, 2024, 06:39:40 PM
 #31

Why do people see themselves as a reservoir of unpredictable games whenever they bag a huge win in the midst of others?

I don't know which kind of game he chose to take such risk but it got him success and that's it, people will see him as a prophet all the time so that explains why people just go with his prediction even though it was just a one-time thing.

But it's against my principle, no one can predict the future so I am not going to risk my hard-earned money on someone's words but if people do then they need to accept whatever the outcomes will be too.

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July 11, 2024, 07:02:10 PM
 #32

I once had this guy coming around to bug me with weekend fixtures for coupon draws... Not until someone volunteered to stake heavily on them odds, just to prove to him that the authenticity of his games weren't guaranteed. Since he wasn't in a position to wager the games himself, the agreement was that if anyone wagers and it doesn't cut, he'll have to pay for the loss.. "I was surprised when he readily accepted". His confidence threw me off, but something kept telling me that he's got too much ballsiness for it to not.
I'm 120% sure this guy wouldn't make up any losses. Don't believe me? Then repeat what you did with him several times until his predictions turn out to be wrong.


Long story cut short, it was a win! yes, it became a surprise and infact, a mystery to everyone that his prediction just delivered as though he arranged with the fixed draws -- 6 draws came through and since then, he kept making predictions on that premise, but the opposite was the case for everytime he wrote down random numbers. Infact, he has never won since then!
Why do people see themselves as a reservoir of unpredictable games whenever they bag a huge win in the midst of others?
It is easy to give advice predictions to others, but difficult to give to yourself.

If this guy believes that his predictions will certainly turn out to be accurate, then why doesn't he take risks and make bets himself? Then he would simply get rich.

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July 11, 2024, 07:09:54 PM
 #33

I once had this guy coming around to bug me with weekend fixtures for coupon draws... Not until someone volunteered to stake heavily on them odds, just to prove to him that the authenticity of his games weren't guaranteed. Since he wasn't in a position to wager the games himself, the agreement was that if anyone wagers and it doesn't cut, he'll have to pay for the loss.. "I was surprised when he readily accepted". His confidence threw me off, but something kept telling me that he's got too much ballsiness for it to not.
 
Long story cut short, it was a win! yes, it became a surprise and infact, a mystery to everyone that his prediction just delivered as though he arranged with the fixed draws -- 6 draws came through and since then, he kept making predictions on that premise, but the opposite was the case for everytime he wrote down random numbers. Infact, he has never won since then!
Why do people see themselves as a reservoir of unpredictable games whenever they bag a huge win in the midst of others?
One with gamblers is that the moment they have a huge win they think that it was by their smartness and that will give them false confidence which will make them gamble recklessly and run at big loss. They forget that it was luck that brought the win to them.

I think these is why your friend was claiming to be a gambling genius and he was proven wrong by his continuous losses. Gambling is more of luck and that is why if we win huge we must appreciate our luck and use the money wisely instead of being greedy and want to win more.

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July 11, 2024, 07:32:04 PM
 #34

I once had this guy coming around to bug me with weekend fixtures for coupon draws... Not until someone volunteered to stake heavily on them odds, just to prove to him that the authenticity of his games weren't guaranteed. Since he wasn't in a position to wager the games himself, the agreement was that if anyone wagers and it doesn't cut, he'll have to pay for the loss.. "I was surprised when he readily accepted". His confidence threw me off, but something kept telling me that he's got too much ballsiness for it to not.
 
Long story cut short, it was a win! yes, it became a surprise and infact, a mystery to everyone that his prediction just delivered as though he arranged with the fixed draws -- 6 draws came through and since then, he kept making predictions on that premise, but the opposite was the case for everytime he wrote down random numbers. Infact, he has never won since then!
Why do people see themselves as a reservoir of unpredictable games whenever they bag a huge win in the midst of others?

It's the very basis of why people get drawn into gambling and why gambling companies make so much money every year. People don't get hooked on gambling because they lost money, they get hooked because at certain points in time they won big. The human mind is incredibly complex but one thing it is always trying to do is heal itself, when you have losses it is a painful experience and it is incredibly easy for the mind to try to disregard those memories in order to protect itself from hurting. That can distort your view when gambling, because the wins create euphoric highs - adrenaline starts pumping, happy endorphins get released and you are full of joy - it creates an incredibly positive and powerful memory which can mask your losses.

R


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July 11, 2024, 08:00:30 PM
 #35

<...>

It's the very basis of why people get drawn into gambling and why gambling companies make so much money every year. People don't get hooked on gambling because they lost money, they get hooked because at certain points in time they won big. The human mind is incredibly complex but one thing it is always trying to do is heal itself, when you have losses it is a painful experience and it is incredibly easy for the mind to try to disregard those memories in order to protect itself from hurting. That can distort your view when gambling, because the wins create euphoric highs - adrenaline starts pumping, happy endorphins get released and you are full of joy - it creates an incredibly positive and powerful memory which can mask your losses.

And not only because of a huge win, but because of wining several times in a row, like said before in this thread, can lead to some sort of magical thinking about the ability to predict future results.

But it is simple statistics: the chance to win 6 times in a row in an ideal game with two possible outputs of the same probability is around 1,6%; which means that out of 200 players, 3 will achieve it. Now, think about all the players in the industry. With just a few of them "influencing" others in social media, it may seem that the games are fixed, or that the influencer knows something hidden to the common mortals, but the unavoidable result is that luck won't last forever (but maybe long enough to monetize it selling advice to "believers").

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July 11, 2024, 08:38:52 PM
 #36

~
Well that's just how gambling works. It's unexplainable when you suddenly hit and win so much all of a sudden but it can be pretty obvious that, well, it was just pure luck after a few more games. Otherwise it would've been either fixed or just the draw being glitched out or something lol. And after that, they'd start thinking they were some sort of Buddha of casinos and that whatever he goes for would suddenly be a hit. An addicts mindset imo.

Kind of understandable though lol. I've felt the same and fallen to the same trap a couple of times before after all. Something inevitable for gamblers I'd say?

R


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July 11, 2024, 08:52:13 PM
 #37

I once had this guy coming around to bug me with weekend fixtures for coupon draws... Not until someone volunteered to stake heavily on them odds, just to prove to him that the authenticity of his games weren't guaranteed. Since he wasn't in a position to wager the games himself, the agreement was that if anyone wagers and it doesn't cut, he'll have to pay for the loss.. "I was surprised when he readily accepted". His confidence threw me off, but something kept telling me that he's got too much ballsiness for it to not.
 
Long story cut short, it was a win! yes, it became a surprise and infact, a mystery to everyone that his prediction just delivered as though he arranged with the fixed draws -- 6 draws came through and since then, he kept making predictions on that premise, but the opposite was the case for everytime he wrote down random numbers. Infact, he has never won since then!
Why do people see themselves as a reservoir of unpredictable games whenever they bag a huge win in the midst of others?

Many of these predictions and wagers are a toss up: to be sure, the truth is that they are based on sheer luck, especially in gambling where random numbers or draws take center stage. If one hits the jackpot, it could very well be their only stroke of good fortune. More often than not they will likely turn a blind eye to or disregard their far more frequent blunders or failures, those which do not bring them riches.

Moreover, a lot of individuals could be caught in what is known as the "confirmation bias" phenomenon: they only recollect and showcase their successes while sidelining any other failures or losses. This leads them to think that they have an infallible method or strategy, even when their outcomes may actually be haphazardly produced.

The player may seem to possess an unpredictable gaming arsenal; however, in most cases, their luck is simply a matter of chance. It's not uncommon for them never to win again after a big victory because luck does not always favor them.

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July 11, 2024, 09:04:28 PM
 #38

Let us put it this way, their confidence is boosted because of their winnings. But they need to acknowledge the fact that even if you know the sports very well and you feel, you have found the pattern or mechanics to win, there are still blind spots that you can't account for. They may have won a game by deploying his strategy, but it doesn't mean, it will work the next time around.
Close to it, the thing is that there is no winning pattern, some people even have superstitious beliefs, and they do certain things (sometimes funny) before gambling, i do not have a problem with that, if the player knows they can lose or win, and there is no single outcome. Sometimes the problem stems from the fact that some people take gambling as their main or only source of income, you find them doing funny things or coming up with patterns, in the hope that it aids them in winning.

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July 11, 2024, 09:29:22 PM
 #39

The simple truth is what works today might not work tomorrow because in gambling, I might say that winning is unpredictable but it's way beyond that, if it's not your luck you can't win no matter how hard you manage to get the odds. Well when he won the previous game it was by luck and it's not all the time that a gambler will win from such acts. If an expert gambler can lose most of the times, it simply means that both those that don't spend time to predict games can also lose.

One with gamblers is that the moment they have a huge win they think that it was by their smartness and that will give them false confidence which will make them gamble recklessly and run at big loss. They forget that it was luck that brought the win to them.
You are correct.
As long as a gambler can not make half of 100 predictions and all of them are successful it means no one is outsmart gamble and it's odds, so anyone who's thinking that he's smart because he won huge money is making a big mistake. A good gambler who knows what gamble is can not see decide on that.

R


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July 11, 2024, 09:46:54 PM
 #40

I once had this guy coming around to bug me with weekend fixtures for coupon draws... Not until someone volunteered to stake heavily on them odds, just to prove to him that the authenticity of his games weren't guaranteed. Since he wasn't in a position to wager the games himself, the agreement was that if anyone wagers and it doesn't cut, he'll have to pay for the loss.. "I was surprised when he readily accepted". His confidence threw me off, but something kept telling me that he's got too much ballsiness for it to not.
 
Long story cut short, it was a win! yes, it became a surprise and infact, a mystery to everyone that his prediction just delivered as though he arranged with the fixed draws -- 6 draws came through and since then, he kept making predictions on that premise, but the opposite was the case for everytime he wrote down random numbers. Infact, he has never won since then!
Why do people see themselves as a reservoir of unpredictable games whenever they bag a huge win in the midst of others?
It arises because his confidence is very high, as if he feels that he has a power outside his mind and orders himself to do the same repetition, even though it is just sheer luck.

I often find people like, after getting a big win once, he feels that he has the direction to get again and again, but unfortunately enough that he is just lucky and not an ability to predict the future, like that person who does not have the sanity of something that cannot be controlled by himself, sometimes sad to see people like that because he will continue to try continuously but not get the victory like before.

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