Is Winning streaks just randomness?

[iv4n]

It is, everything is random... We wake up and we have a good or bad day. And, all of us have gone through those streaks, good & bad ones.

But we can't experience good or bad streaks if we don't participate... so as long as we are trying, we will go through those streaks. It's luck or a skill to survive a red streak with low bets, and to push with higher bets in green streaks.

[OgNasty]

Yes, winning streaks are random.  If you play long enough then you will have some hard to believe long winning streaks.  That doesn't necessarily mean that luck is on your side and you are going to have better odds going forward.  It is just the result of millions of potential outcomes sinking with winning for a while.

Something I learned about randomness...  Did you know that you could spend your entire life shuffling decks of cards and the odds are that no 2 decks will ever be shuffled in the same order?  Hard to believe, but odds are a crazy thing...

[FirmWars]

Winning streaks is the condition where gamblers frequently experiences a win more than once or twice, in slot games it's just a good fluctuations of randomness and a taste of the gambler's faith, that won't change the outcome of the next stake which is 50/50. If gambler falls into illusion because of the test of faith by the casino winning streak, the next outcome would be a lose that takes all the gambler's deposit including the haul.

In sports betting, winning streak is the indication that the bettor's predictive approach and analytical plans is superb, the streak can last long if a bettor continue with his fantastic predictive approach but when he become winning streak drunk, he can also lose so much.

[mikel_012]

Yes, winning streaks are random.  If you play long enough then you will have some hard to believe long winning streaks.  That doesn't necessarily mean that luck is on your side and you are going to have better odds going forward.  It is just the result of millions of potential outcomes sinking with winning for a while.

Something I learned about randomness...  Did you know that you could spend your entire life shuffling decks of cards and the odds are that no 2 decks will ever be shuffled in the same order?  Hard to believe, but odds are a crazy thing...

And do not forget that you can have a long winning streak that still does not mean profit because you have even bigger losing streaks.

You can never see the full picture when you see a big win on the internet, you can only know that between billions of games someone is going to beat the odds and this is just him being the chosen one in the universe of luck.

[SUPERSAIAN]

I'm talking about a Web3 game, apart from dice, slots, and roulette. There's a single box, and it clearly states that there's a 5% chance of finding valuable items inside. I've been grinding this box for 4-5 months, and my stats are very different. The last time I opened 40 boxes, I failed. I once got 4 valuable NFTs out of just 10 boxes. This is purely a lucky streak of winning or losing. This is the same with all RNG gambling.

[Dr.Bitcoin_Strange]

IMO the result or outcome cannot be influenced by you , so nothing like winning nor losing streak most folk usually use it in terms of regularity, for instance someone has been lucky lately and kept hitting the jackpot , so such folk will say his on his winning streak, mean while is just randomness cause he or she can still lose it all in an instance just that at the moment luck is on their side.

Well, I think that's the right name that was made up for such randomness, when you mention winning streak, someone already knows that you are talking about how you won many rounds of game at a time. There's what I was saying before, some people mistakes this streak as something that last too long but they don't realize that the randomness can just happen so fast and the next minute the person is losing again, while he is still thinking that their luck is on, they will start losing again.

[krach]

When you are playing a casino game than yes. Streaks are random, each spin of the wheel or roll of the dice is not connected to the last one. Imagine that the wheel, ball or slot machine does not know what the outcome of the spin before was. Each spin is totally random, and it does not know that it is time for you to win, that you lost 10000 times in a row, or won 10000 times in a row. It is important to understand this and always keep it in mind when playing any casino game in order to be realistic with the outcomes.

[ozgr]

I don’t think it’s a coincidence. If you hit a winning streak for a while, either the casino opened the faucet for you to win or you’re trying something different.
Last year I found a lesser known slot game and played the same game on 4 5 different sites. I kept winning for two weeks straight After that, the game got an update.

[giammangiato]

A losing streak or a winning streak if the place you play is a reliable, controlled place is completely random.
I have done an experiment in the past for probability, playing roulette and on probability calculation the number 0 averaged out every 40 shots (not with mathematical precision)
If zero didn't come out by the 40th shot I started betting starting from 0.10 (considering he pays for 36 when you guess a number) I shot 0.10 30 times to have a profit margin, so I arrived continuing the series to get about $100.
So you can say that I guessed the win round, took a day break so as not to arouse suspicion at the casino and the next day I started doing the same thing, well the result was also satisfactory on the second day earning $80, on the third day I had $180 in my account and I continued with the same strategy, but this time I had the wrong day, I turned the wheel a good 190 times (a few shots without betting) and the zero didn't come out 190 times in a row, obviously I lost everything.
So absolutely randomness.

[LFC_Bitcoin]

Winning streaks in gambling are mostly just luck and randomness. Sometimes random outcomes cluster together, so it feels like you’re on a roll but nothing real is changing behind the scenes.

Each bet is usually independent meaning past wins don’t make future wins more likely. Streaks happen but they don’t mean you’ve found a pattern or special skill.

[Mahiyammahi]

In games dominated by chance- dice, slots, and roulettes, a streak is usually just a normal cluster of positive outcomes. Luck/ randomness creates streaks both ways, good/ bad. Most gamblers usually assume that being on a winning streak means that luck is on their side, but statistically speaking, it doesn't change the probability of the next outcome. What matters more here, is whether or not your decisions remain disciplined. Increasing your stake size cause of a few wins usually turns into disaster. Not saying you shouldn't take risks, but don't make the mistake of thinking you're invincible. Streaks usually feel meaningful with emotions, but mathematically/ statistically, they don't guarantee anything

I usually don't play Dice games now. But play  roulettes, it's all about probability game. If you analyze previous rounds on Roulette you would see some Numbers have high cance of winning. If I play it, I usually do this , you should try lightning roulette, multiplier could give you a extra boost😁.  But if you're winning you should stop, don't chase more winning you could have end up losing all

[Fredomago]

It is, everything is random... We wake up and we have a good or bad day. And, all of us have gone through those streaks, good & bad ones.

But we can't experience good or bad streaks if we don't participate... so as long as we are trying, we will go through those streaks. It's luck or a skill to survive a red streak with low bets, and to push with higher bets in green streaks.

Timing is very important and if by chance luck gave you that opportunity to have those winning streaks best to wisely use it and make a had stop while you are still in green, most of the time those gamblers who failed to recognize the chance of making money using that winning streaks ends up losing every back.

As you mentioned, everything is random but if you are good in controlling yourself, patience might give you that chance to detect and timingly take a good advantage of your winning streaks that a green sign to make money.

[Grim_Fandango]

I don’t think it’s a coincidence. If you hit a winning streak for a while, either the casino opened the faucet for you to win or you’re trying something different.
Last year I found a lesser known slot game and played the same game on 4 5 different sites. I kept winning for two weeks straight After that, the game got an update.

While you were winning for 2 weeks straight, someone else was probably losing during that period and thinking also that game must have been rigged.

[xenomorfo]

I'm talking about a Web3 game, apart from dice, slots, and roulette. There's a single box, and it clearly states that there's a 5% chance of finding valuable items inside. I've been grinding this box for 4-5 months, and my stats are very different. The last time I opened 40 boxes, I failed. I once got 4 valuable NFTs out of just 10 boxes. This is purely a lucky streak of winning or losing. This is the same with all RNG gambling.

this should be reported
I wouldn't want it to be a different percentage and therefore a scam
These are the things that personally make me a little angry, if you say 5% and it seems like a very low percentage to me
At least that's what it should be! If it isn't, please report and document everything.

[Vaculin]

Winning streaks in gambling are mostly just luck and randomness. Sometimes random outcomes cluster together, so it feels like you’re on a roll but nothing real is changing behind the scenes.

Each bet is usually independent meaning past wins don’t make future wins more likely. Streaks happen but they don’t mean you’ve found a pattern or special skill.

We all know it’s mostly luck when the game has a house edge. Those random positive moments are nice, but sooner or later we’re going to hit the negative side too. That’s why you celebrate wins while they’re there, because they don’t last. In the long run the house edge will always catch up.

What’s scary are the gamblers who think they actually found some formula to beat the system. Their expectations get too high, and when reality hits, the disappointment can be huge.

[TastyChillySauce00]

Everything related to the slot, roulette or etc is completely random. Even a winning streak occur just caused by you were lucky enough. However, a dumb guy might treat a winning streak like a fortune given by the god to him. Meanwhile, it will bring him to the sensation to do "one more time" that will turn him going back many times.
When that guy trapped into the "one more time" odds, then casino is obviously winning in the long run since that guy is addicted.

[xenomorfo]

We all know it?s mostly luck when the game has a house edge. Those random positive moments are nice, but sooner or later we?re going to hit the negative side too. That?s why you celebrate wins while they?re there, because they don?t last. In the long run the house edge will always catch up.

What?s scary are the gamblers who think they actually found some formula to beat the system. Their expectations get too high, and when reality hits, the disappointment can be huge.

and yes the house edge, that's what it's called, it's the casino's profit
OK, if the casinos don't make money, what are they working for, to do charity?
you just need to know and understand that they always earn money anyway
We play to pass the time and not to make money, and that's how it should be.

[Rashlyowl]

Timing is very important and if by chance luck gave you that opportunity to have those winning streaks best to wisely use it and make a had stop while you are still in green, most of the time those gamblers who failed to recognize the chance of making money using that winning streaks ends up losing every back.

As you mentioned, everything is random but if you are good in controlling yourself, patience might give you that chance to detect and timingly take a good advantage of your winning streaks that a green sign to make money.

I believe patience & consistency are two key elements in recognizing winning opportunities. I can say this because I apply them directly when gambling. When I'm feeling lucky, this is where my self-control is tested through patience & consistency. Often, when I'm on a winning streak, I tend to get greedy, increase my bets & never feel satisfied with my winnings. Ultimately, all those winnings are lost. Therefore, patience & consistency are crucial when gambling to control myself & enjoy your winnings.

[mcdouglasx]

Everything related to the slot, roulette or etc is completely random. Even a winning streak occur just caused by you were lucky enough. However, a dumb guy might treat a winning streak like a fortune given by the god to him. Meanwhile, it will bring him to the sensation to do "one more time" that will turn him going back many times.
When that guy trapped into the "one more time" odds, then casino is obviously winning in the long run since that guy is addicted.

Exactly, the typical "gambler's fallacy." Randomness is randomness. As the saying goes, if you put a monkey to work typing indefinitely, sooner or later it will end up writing a bestseller.

But the illusion of luck is often captivating for us humans. Sometimes life smiles upon us so perfectly that it seems like divine intervention. The important thing is to keep our feet on the ground and know that this won't last, and to take precautions in our decisions.

[ndutndut]

Some people feels that they will be lucky throughout the day because they have being on a winning streak for some hours and they forget that it doesn't last for long. They become greedy and increase their bets thinking it's an opportunity to make more money. Before they know it, they have lost all their bankroll. This is why setting a time limit and be satisfied with your win is the best way to enjoy gambling.

It's crucial in gambling to have a time limit or to manage your time well when experiencing a winning streak. Without proper time management we can become greedy leading to continuous losses.

Winning streaks in slots often occur due to chance but this chance is also influenced by our increased gambling. IMO gambling on slots is mostly luck and chance because we can't predict wins we can only control our emotions and timing. This differs from sports betting where there's less luck involved because we need to analyze and assess the team's strengths before placing a bet.