The Myth of Hot Streaks

[Sandra_hakeem]

Or maybe some of us here have been captivated or even experience with this kind of winning successively in a given night? For me, yes, I had this incredible run in a roulette games wherein I was so lucky that night that I have a streak of winning 10 consecutive single bet numbers and I have ended with a lot of money about 2-3 weeks ago and I can't believed it.

It's not a mistake, neither is it a coincidence IMO.. it happens and the casinos do have a scheme that distributes everything you see innit evenly (which in anyway doesn't bridge their laws/ terms of service) and it doesn't also put them on the edge as that'd mean running everything dry in less than no time...

How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you?

It's stupid to feel that whatever happens is due to how diligent you are in wagering on these games... Your speculations may be right, but you're not to decide what's right in real sense -- the reason why you're still taking up chances professionally (as I would call it) whenever you come across possible odds is because you've been schooled with a false sense of control... So no, even if I experience this in person, I can never feel like nobody ain't watching me/ can't stop me.

[famososMuertos]

Ever think of hot streaks when you play? Let's say luck base games such as slots or roulette? As per definition,

A run of good "luck" or winning hands

..//:::

I read several comments before, and some lightly attribute it to luck, the truth is not like that.

Guys! if there is a talent for the game, it is that, to differentiate when you are on a streak... in poker, now other games like traditional casino games, yeah! also they exist but that is another story in how to interpret them.
But there, Poker, they do exist, in fact it is widely documented.

If you read your own context well, which I have cited refers to "winning hands", then they are referring to the game of cards, and the opposite exists in its equivalence, you understand me, Downswing and that is where the balance of the player and the talent of bets in general is, you "lower" and "raise" the size of your bet when appropriate.

[tvplus006]

...However, I try to do some research and there are no basis for it, I guess I was just so lucky that night.

I also had such a win-win streak, but paradoxically it was based on the fact that I was betting without analyzing the game, with the only desire to finish faster and go home. But as a result, I won several bets in a row, which were still lost in the end.

[Botnake]

I have had long winning streaks in my practice when playing roulette (about twenty wins in a row).

That kind of winning streak...  it can really feel like you’re making a fortune especially if you’re betting decent amounts of money, in games with quick outcomes, it’s not unusual to see these streaks happen, but of course, we can’t ignore the possibility of a losing streak too. It’s just the nature of the system, both winning and losing streaks are part of the game.

The real game-changer, though, is if you go aggressive with your bets during a winning streak. That’s when you can feel the massive reward. But this isn't easy as it takes guts (and a strong stomach) to go big during those moments, knowing that luck can turn at any time.

[Silberman]

Ever think of hot streaks when you play? Let's say luck base games such as slots or roulette? As per definition,

A run of good "luck" or winning hands

Or maybe some of us here have been captivated or even experience with this kind of winning successively in a given night? For me, yes, I had this incredible run in a roulette games wherein I was so lucky that night that I have a streak of winning 10 consecutive single bet numbers and I have ended with a lot of money about 2-3 weeks ago and I can't believed it.

However, I try to do some research and there are no basis for it, I guess I was just so lucky that night.

How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth?

If you take a look at the probabilities very soon you will realize there is no such thing, we believe we are in a hot streak because we are only looking at the short term results that we are experimenting, but given enough time we are bound to experience instances in which the results are favorable to us, but there is nothing to be amazed as that is simply the way probabilities work, and on average we will still win or lose at the same rate as everyone else.

[yahoo62278]

Pretty much reminds me of the Superstitionsthread. People can think or believe whatever they want, and I have fallen victim to thinking "I can never lose myself", but the simple fact is that it's just a myth. Luck happens when it happens, you cannot predict it.

[shield132]

Ever think of hot streaks when you play? Let's say luck base games such as slots or roulette? As per definition,

A run of good "luck" or winning hands

Or maybe some of us here have been captivated or even experience with this kind of winning successively in a given night? For me, yes, I had this incredible run in a roulette games wherein I was so lucky that night that I have a streak of winning 10 consecutive single bet numbers and I have ended with a lot of money about 2-3 weeks ago and I can't believed it.

However, I try to do some research and there are no basis for it, I guess I was just so lucky that night.

How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth?

I have had hot streaks too. The first time I played blackjack, I won lots of money because I accidentally made a side bet that paid 1:50 if I remember correctly and I made a big sidebet. Then I made some sidebets and I won, that was a very lucky day for me but the luckiest day of my life was when I made a sportsbook ticket and put 20 or 25 teams in the ticket. The final odd of the ticket was up to 1500. I added more than half of the games by picking them luckily and the next day, I won the ticket. That was years ago, when Bitcoin's price wasn't even $1000, I remember that I shared that ticket with Bitcointalk members but the sad part was that I bet less than a dollar.

Btw I don't feel invisible during such moments, I constantly have a fear of when I should stop because I believe that I shouldn't ruin my hot streaks. Hot streaks aren't myth and us, who have experienced it, are a clear example.

[Baofeng]

I think most of us gamblers here has experience this kind of thing, those hot streaks and yes the only reason for that is that we got lucky. And even if there is study, they will say that there are no such things as hot streaks and this is all in the mind of gamblers.

So for us, if we win this way, but we shouldn't be that confident that we can repeat this process all over again. And that's why we have games that we call "luck base", because that's how the operators, for example, slot machine to be. You don't know what will be the next spin, maybe it could be that bonus round that you are waiting, but still you don't know if it will give you something or it will be dead spin.

[alegotardo]

Ever think of hot streaks when you play? Let's say luck base games such as slots or roulette? As per definition,

A run of good "luck" or winning hands

Or maybe some of us here have been captivated or even experience with this kind of winning successively in a given night? For me, yes, I had this incredible run in a roulette games wherein I was so lucky that night that I have a streak of winning 10 consecutive single bet numbers and I have ended with a lot of money about 2-3 weeks ago and I can't believed it.

However, I try to do some research and there are no basis for it, I guess I was just so lucky that night.

How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth?

I have experienced this several times, but it is the opposite... a long sequence of losses, without winning once

Given the fact that you are mentioning roulette and slot machines, I can certainly tell you that you were very lucky, congratulations¹
I hope you managed to stop gambling before luck turned in the casino's favor and you lost all the money you won.

So, embrace this achievement because what you have achieved is something rare.

In sports or poker games you can even have a longer sequence of victories, but in this case they are usually defined by your skills and game strategies, not just by luck. The winnings are also usually smaller (depending on the style of betting you made).

Honestly, I have never experienced this, but I am happy to read positive reports here from time to time

[mirakal]

That's pure luck. I already experienced this also but it's very rare to happen to me It means I'm not that lucky.

Some also say that once you experience this, you always go all-in or bet higher wagers. Some also say that you must stop once you are already on a streak so you can take profits.

Yes, just pure luck since gambling is a game of chance and probability. I think everyone gets lucky in gambling, though it’s only rare since most of us fall into its losing streak. That’s how gambling works, most particularly for slots. So if you’ve seen yourself losing consistently, leave the casino immediately because that’s a clear sign that luck is not with you today.

[Ziskinberg]

If we gamble and only focus on luck, we’ll eventually lose sight of whether our approach is even realistic anymore. Think about it: if every time you gamble, you’re trying to "attract luck," it doesn’t just sound odd, it turns you into a gambler who’s making decisions based on emotions rather than logic. That’s a slippery slope. Gambling should be about strategy and calculated risks, not relying on superstitions or feelings. Without objectivity, you’re just setting yourself up for frustration in the long run.

[batang_bitcoin]

How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you?

For many times, it did made me feel that I cannot lose when I am on hot streaks. There's no difference of it with winning streak and every time we're on that situation, we feel that no one is ever going to pull us down and we'll keep on winning those bets that we're doing. This is fairly normal because of the effect of being lucky but it doesn't happen at all times. So, when we're feeling that we're invincible and we're about to lose, I guess that's the time to start relaxing and stopping on that day.

[adzino]

Ever think of hot streaks when you play? Let's say luck base games such as slots or roulette? As per definition,

A run of good "luck" or winning hands

Or maybe some of us here have been captivated or even experience with this kind of winning successively in a given night? For me, yes, I had this incredible run in a roulette games wherein I was so lucky that night that I have a streak of winning 10 consecutive single bet numbers and I have ended with a lot of money about 2-3 weeks ago and I can't believed it.

However, I try to do some research and there are no basis for it, I guess I was just so lucky that night.

How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth?

There is no such thing as hot streak. You just got lucky and nothing else. Everything else that you feel is just gamblers fallacy. But you do feel quite the opposite. I have seen people that after a long streak, the feel vulnerable. Not invincible. They feel like they will lose the next bet so they try to stop. The same is true for the opposite. After a long losing streak they feel like they will win the next bet. But the win or loss isn't determined by your winning or losing streak. And probably you feeling invincible is just a way to convince yourself to continue playing (greed).

[Kemarit]

How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you?

For many times, it did made me feel that I cannot lose when I am on hot streaks. There's no difference of it with winning streak and every time we're on that situation, we feel that no one is ever going to pull us down and we'll keep on winning those bets that we're doing. This is fairly normal because of the effect of being lucky but it doesn't happen at all times. So, when we're feeling that we're invincible and we're about to lose, I guess that's the time to start relaxing and stopping on that day.

Yes, and it really feels great when you are in a winning streak and you are overconfident when you bet. And I think this is one feeling that most gamblers dream of, I mean the adrenaline rush and everything and when you put your bet, you know that you are going to win.

I had this kind of experience years ago, in a baccarat table, wherein I'm with a South Korean. And obviously there is a language barrier but we are both on a hot streak and as far as I can remember, that is the only time that I bet like $200.00 every game and I had like 5-6 streak and then I just decided to stop and I didn't wait to get the streak stop. But the experience and the atmosphere that time LOL, we've even given high fives after every win.

[Fivestar4everMVP]

Ever think of hot streaks when you play? Let's say luck base games such as slots or roulette? As per definition,

A run of good "luck" or winning hands

Or maybe some of us here have been captivated or even experience with this kind of winning successively in a given night? For me, yes, I had this incredible run in a roulette games wherein I was so lucky that night that I have a streak of winning 10 consecutive single bet numbers and I have ended with a lot of money about 2-3 weeks ago and I can't believed it.

However, I try to do some research and there are no basis for it, I guess I was just so lucky that night.

How about you guys, have you experienced it before? Did you really feel invincible and thought that you are in a streak and no one can stop you? Or you just believed that you are just lucky and games are still govern by chances and probability that this so called "hot streaks" are just a myth?

I have never experienced such a long streak of winning before, in every game I have played, be it sports betting or casino or slot games, it has always been, "win some and loose some", or "I win two games in a row, then loose one or two, or three or four in a row, the win again" that kind of thing.

But I do have a friend who have for 3 days, consecutively won his lotto tickets in a row, that is, there is this local lotto played in my country, there are always 4 or 5 lotto rounds every days including sundays, the dude played 2 rounds on the first day and won the two of them, the second day, he played just one round and still won, the third day, he played 4 rounds and won 3 rounds, and lost just one, and on the fourth day, he played 2 rounds and lost the two of them..

That is he won for good three days consecutively, I wasn't inside his head so I can't tell what he was feeling like, but then, that period was his best ever since he started gambling, and he still talks about the experience till today.

[Tmoonz]

I have already experienced this hot streak in gambling, I guess everyone does, most particularly for those experienced gamblers. However, the big challenge here is how to control yourself, how to maximize your bankroll management, otherwise if you continue betting without setting limits on your profits, the reversal will happen next. And worst is, you end up losing all what you have won, and leave the casino without any penny left in your wallet.

The question is should we gamble again immediately after some winning or we should hold on a little bit before gambling again? I have had this experience before where I got certain amounts reasonable enough for several times and when I feel I have more confident to win more I ended up losing everything I have got that day and go home enty but yeah one thing am very good at is taking a break after some noticeable losses to Cool my head and not going back as a fight back to avoid chasing losses and reduce the risk of addiction, and emotional devastation.

[Eternad]

The question is should we gamble again immediately after some winning or we should hold on a little bit before gambling again? I have had this experience before where I got certain amounts reasonable enough for several times and when I feel I have more confident to win more I ended up losing everything I have got that day and go home enty but yeah one thing am very good at is taking a break after some noticeable losses to Cool my head and not going back as a fight back to avoid chasing losses and reduce the risk of addiction, and emotional devastation.

The answer to your question relies on your current situation. Gambling is an entertainment activity(luxurious leisure) so if you still need entertainment after you then why not, just set a bankroll limitation and play casual without thinking your previous profit.

But in most cases, you should stop for a while and enjoy your profit to avoid potential losses since we can be easily triggered when won big then experience loss.

Again, the real answer is case to case basis but the general suggestion is always the best choice.

[Webetcoins]

Hot streaks is it when you consistently win, especially a good amount of money? Of course man, I always think and day dream of it but who wouldn't be? Though as usual, it will mostly stay as a dream, as we know that casinos are a business and they won't just let us experience this at most times because that can back fire them. On your case, I think that was so sick. 10 times win in a row on 1 number only? Dang. I just hope you spend that 'lots of money' you won last time wisely.

Buy something like a souvenir that reminds you on this once in a lifetime opportunity. We shouldn't feel invincible of course when such moment occurs because it leads us on betting higher amounts and this can be the start of our dilemma. Roulette can be a game of strategy too for some but if you don't include it on your gameplay, then yeah, what make you win is just pure luck and no, a hot streak is not a myth. Remember, you already experienced it. To see is to believe as they say.

Even I do win streak, but it's either I bet low or the odds is low, so I didn't earn much.

It's normal to have a win streak on a low odds game because they are low odds game anyways but the catch for this is like you said, the wins are also little. This is why in order for the many to get more juice, they upped their bets a lot. This is also the risky part here and may seem not worth it anymore for some.

[cryptomaniac_xxx]

I have already experienced this hot streak in gambling, I guess everyone does, most particularly for those experienced gamblers. However, the big challenge here is how to control yourself, how to maximize your bankroll management, otherwise if you continue betting without setting limits on your profits, the reversal will happen next. And worst is, you end up losing all what you have won, and leave the casino without any penny left in your wallet.

The question is should we gamble again immediately after some winning or we should hold on a little bit before gambling again? I have had this experience before where I got certain amounts reasonable enough for several times and when I feel I have more confident to win more I ended up losing everything I have got that day and go home enty but yeah one thing am very good at is taking a break after some noticeable losses to Cool my head and not going back as a fight back to avoid chasing losses and reduce the risk of addiction, and emotional devastation.

There is no right or wrong answer to this question. Still base on someone's mindset in gambling. But for sure if we experience this hot streak, sooner or later you will get into gambling asap because you you want to have that experienced again.

And I guess that is the pure definition of gambling, you take risk of the unknown and you want to go and see how your luck is. So this hot streak might work for certain period of time, but it could also be a curse because we want to replicate it again and again and it could lead us to being a gambling addict.

[Kasabus]

I have had long winning streaks in my practice when playing roulette (about twenty wins in a row).

That kind of winning streak...  it can really feel like you’re making a fortune especially if you’re betting decent amounts of money, in games with quick outcomes, it’s not unusual to see these streaks happen, but of course, we can’t ignore the possibility of a losing streak too. It’s just the nature of the system, both winning and losing streaks are part of the game.

The real game-changer, though, is if you go aggressive with your bets during a winning streak. That’s when you can feel the massive reward. But this isn't easy as it takes guts (and a strong stomach) to go big during those moments, knowing that luck can turn at any time.

Yes, when you already feel that you’re in a winning streak, the key there is to try going on a massive bets, and you’ll get a huge reward. But if you end up losing too much after, just forget betting. Leave the casino immediately before it ruined all your profits and the casino may find a chance to get it back from you. That’s instilling discipline in the middle of your winning or losing streak.