The Myth of Hot Streaks

[uneng]

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?

Yes, in the beginning of my gambling journey I used to face lucky streaks, what boosted my confidence and a sensation of being invencible. Lucky streaks aren't a myth, they do happen, but there isn't any explanation behind them besides pure luck in action.

Also, it's a huge mistake to pursue lucky streaks. They are supposed to happen naturally, so you can never force them to happen. Some gamblers think they can manipulate luck in their favour, and that is where they start losing money beyond their limits. I believe that if a lucky streak has to happen it will happen suddenly. It's good that you enjoy your time once it happens, but never count on it to have a satisfactory day.

[Vaculin]

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?

Yes, in the beginning of my gambling journey I used to face lucky streaks, what boosted my confidence and a sensation of being invencible. Lucky streaks aren't a myth, they do happen, but there isn't any explanation behind them besides pure luck in action.

Also, it's a huge mistake to pursue lucky streaks. They are supposed to happen naturally, so you can never force them to happen. Some gamblers think they can manipulate luck in their favour, and that is where they start losing money beyond their limits. I believe that if a lucky streak has to happen it will happen suddenly. It's good that you enjoy your time once it happens, but never count on it to have a satisfactory day.

Hot streaks is real, and it actually happens to all gamblers out there. However, it's always the losing streak that we often experience more than the winning streak, and we can't blame it since everything in gambling is purely manipulated by luck or chances. So the best thing to do is, enjoy while we are experiencing the winning streak, but remain cautious in gambling because any moment, the losing streak will replace our winning streak.

[Free Market Capitalist]

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

From a mathematical point of view, there is none. What we call streaks are collections of independent mathematical events that we make later, and where we arbitrarily take a first point and an end point and if it favors us we say it is a good streak and if it is the opposite we say it is a bad streak.

How about you guys, have you experienced it before?

Of course.

Did you really feel invincible and thought that you are in a streak and no one can stop you?

Not having the feeling of being invincible but of being better than you are. Nowadays, and already years ago, it is very common to use statistics programs if you play poker. In them you can see if you are having luck or bad luck (colloquially speaking) in the EV line, which measures the difference between the expected results and the real results when you go all in. But there is a part of luck that is not shown by the program, which is the luck you have when you don't go all in. When you still have to bet on the river and you get the wonderful card or when you are lucky enough to catch a strong hand, better than your opponent's, when he catches a strong hand too and therefore he is going to leave more money or even all of it in the play.

When you have a good run, especially at the beginning, and you see that you are beating a lot of bb/100 and the EV is more or less equal, you think it's because you are very good, but then time puts things in their place.

[ethereumhunter]

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?

Yes, in the beginning of my gambling journey I used to face lucky streaks, what boosted my confidence and a sensation of being invencible. Lucky streaks aren't a myth, they do happen, but there isn't any explanation behind them besides pure luck in action.

Also, it's a huge mistake to pursue lucky streaks. They are supposed to happen naturally, so you can never force them to happen. Some gamblers think they can manipulate luck in their favour, and that is where they start losing money beyond their limits. I believe that if a lucky streak has to happen it will happen suddenly. It's good that you enjoy your time once it happens, but never count on it to have a satisfactory day.

No wonder if some people gets lucky streaks that boosted their confidence like what you feel. That is because they will think that their lucky time come and help them to win more and more. But they must realize that the luck will not stay for too long after they wins for some rounds and will leave them without notice. If those gamblers are not realize about that, they will just keep gambling without thinking to stop gambling and withdraw the money.

It is a huge mistake if they keep pursue their lucky streaks because no one will know if their luck still stay with them or leave them. If they can think clear after winning streaks, they should stop their gambling and takes the money out from the casino.

[LUCKMCFLY]

A simple small bet lose always complicated everything since I will keep chasing lose it due to overconfidence from my profit until I bet huge amount excessively without considering the risk I’m already taking.

That is something that has happened to us a lot, for a long time, every player has been through that, the good thing is that as long as you use funds that you have already won, it is an advantage, so you do not use what you have recently put into deposit, it is good, accumulating profits even if they are small is something that you should do, for example see the game as a business, every business does well as long as it maintains few profits over a long period of time, in the long term, those small profits grow and become a large amount.

[ChiBitCTy]

Well yeah of course thee is no such tangible or intangible things such a hot streaks. If there was that would be some sort of super natural vudo type stuff lol.   However I have certainly bee on hot streaks before and you just feel like you can't lose.  Sometimes lady luck is just on your side or perhaps you level of focus on a game such that it's helping create the hot streak.

Either which was when I'm on one, I stick to playing until I start a small downfall.

[LUCKMCFLY]

The thing is that if we believed in it that we are all knowing and we can see what will be the next flip of the card or where the numbers will fall in a roulette game, then we should be that lucky. However, if we don't control ourselves, then there is also this possibility that our hot streak will end.

And in fact that is when a player must be most careful, because when something happens, such as being on a good streak, and then repeatedly losing once, the player will react by playing more And with more money, that is what is commonly done, it is a big mistake, but for me I learned that when it happens, it is my signal to stop playing , in fact if you Want to play more from there start with minimum bets , because with the big bets is when the casino starts to Win more and our balance falls to the floor if not controlled.