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Author Topic: The hidden psychology behind chasing rewards.  (Read 187 times)
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Today at 10:15:14 AM
Last edit: Today at 12:39:37 PM by Joy- maker
 #1

have you guys ever wondered Why most people gamble more after winning? I myself have been wondering about it for long now, so I needed to know the hidden psychology behind chasing rewards. So I began researching, and  after doing some few research I was able to find the hidden psychology behind it. Most people out there gamble more after winning, why because the human brain is wired to Chase rewards. And this are what's really drive it.

1, WINNINGS TRIGGERS A DOPAMINE SURGE: according to Neuroscientists when you win a bet your brain release what they called dopamine, and this dopamine happens to be the same chemical involved in pleasure, motivation and addiction. And  Neuroscientist further stated, that dopamine doesn't only make someone feel pleasure, rather it also makes the person to crave for the source of the pleasure. Now how does it apply to gambling, when you gamble and win, your brain often tells you this worked do it again. And the feeling is so strong that people often mistake it to be skill instead of brain chemistry.

2, WIN'S CREATE EMOTIONAL MOMENTUM: here Neuroscientists said that when someone wins that the Behavioral psychology indicate success increase risk taking behaviour. That is to say after winning a bet fears drop, confidence rise, staking power increase, looses feel less real to you. And Neuroscientist also  further stated that at this point it's not money you are chasing, rather it is emotion the win's creates.

3, THE BRAIN CONFUSE LUCK WITH ABILITY: as Neuroscientists may have it here that win's create an illusion control, in gambling when someone win's he or she believes that, he/her now understand the game or her/she is on a lucky streak. Making the gambler to believe that since he or she has predicted the first game and win, he or she will still be able to predict the next one and still win it making the person to continue gambling.

4, THE BRAIN DETEST LEAVING GAIN'S ON THE TABLE: Neuroscientists said that you brain will make you feel like stopping after a feels like breaking the spell, and after that reality kick in. and at that point your brain will be like why stopping now the magic behind yours looses just ended, making you to continue gambling until luck runs out of you.

5, GAMBLING EXPLOITS INTERMITTENT REWARDS: what Neuroscientists said here is that gambling often leverage the brain love for intermittent rewards. That's to say that not knowing when the next win Will happen, active the brain reward system more stronger , releasing what they called dopamine to make the gambler keep on engaging in gambling activities until the next big win comes.

6, LOOSES FEEL DIFFERENT AFTER WINNING: what Neuroscientists said here is that when someone is gambling and losing, and along the line win's a bet, that the win often link to his or her brain negative bias, making the person feel like historical or her losses are unfair, making the person start feeling owed, making the person to keep engaging in gambling activities until he or she get back the money he or she looses( chasing after looses)

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Today at 10:23:41 AM
 #2

Chasing rewards or chasing profit. Rewards and profits are two different things.
Rakeback, RTP, and promotional offers can be said to be rewards, but most gamblers chase both profit and rewards. In this case, I think you are referring to wins/profit, not rewards. Please explain better.

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Today at 10:37:26 AM
Last edit: Today at 10:53:50 AM by Joy- maker
 #3

Chasing rewards or chasing profit. Rewards and profits are two different things.
Rakeback, RTP, and promotional offers can be said to be rewards, but most gamblers chase both profit and rewards. In this case, I think you are referring to wins/profit, not rewards. Please explain better.
As you can see I was specifically talk about chasing rewards that is often driven by the brain's dopamine response, and not about chasing after profit that is more about goals of accumulating wealths or material gain. So I will urge you to take your time and understanding my thread very well before making comment, because as far as am concerned you don't understand the angle am coming so in that case I advice you not to complicate things for me here.

Although I appreciate what you wrote.  But this goes past the issue of rakeback or bonuses. I'm looking to explain the actual psychology behind winning hands, and what actually happens in the brain.

In the world of psychology,  to the brain, any sort of winning outcome,  be it profit,  hitting a lucky hand,  or winning any amount of money, is seen as a reward.  This is what triggers the pleasure chemical and makes you actually feel,  "Hey, this is good, let's even do it some more!" Sure, gamblers do chase profits. But the thing is,  there's a difference between seeking profits in general, and the extreme chase that some gamblers have around profit. This is because in psychology, the profit is seen as a reward to the brain.  This is the point I've been trying to make.

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Today at 10:46:30 AM
 #4

https://bitcointalk.org/index.php?topic=5567397.msg66133536#msg66133536 isn't this basically the same topic? Your is a little more descriptive but the premise behind it seems to be the same.


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Today at 10:54:19 AM
 #5

Snip

An incredibly interesting article, which I'd like to comment on in several parts because each of its six points is truly worthy of attention. For example, I liked the information about how the brain always confuses luck and skill. Indeed, if you consider the mountains of gambling, it's a mixture of luck and skill, and if a gambler wins, it's hard to tell whether they were lucky or really good.

For example, in poker, this happens constantly, giving gamblers an intoxicating feeling of inner strength.

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Today at 12:00:07 PM
 #6

Chasing rewards can be hidden psychologically base on individual differences
* It seen as a quick way of getting money
* Making use of opportunities offered
* Some see it as leverage
* Trying personal luck
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Today at 12:15:44 PM
 #7

Nice writeup Joy- maker, I see you are more interested in chasing rewards after winning, I have always known the cause to be greed which activates in the mind of the gambler and makes him "want some more" like the famous Oliver Twist in the play written by Charles Dickens. however some of these traits are still seen when someone is loosing, which I may like you to throw some lights on it if you can.

1, WINNINGS TRIGGERS A DOPAMINE SURGE: according to Neuroscientists when you win a bet your brain release what they called dopamine, and this dopamine happens to be the same chemical involved in pleasure, motivation and addiction. And as Neuroscientist further stated, that dopamine doesn't only make someone feel pleasure, rather it makes the person to crave for the source of pleasure. Now how does it apply to gambling, when you gamble and win, your brain often tells you this worked do it again. And the feeling is so strong that people often mistake it to be skill instead of brain chemistry.
When in a loosing streak, emotions are high too and gamblers are resistant to leave their source of pain without gaining back what they have lost, what might be the cause of this in neuro science?

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2, WIN'S CREATE EMOTIONAL MOMENTUM: here Neuroscientists said that when someone wins that the Behavioral psychology indicate success increase risk taking behaviour. That is to say after winning a bet fears drop, confidence rise, staking power increase, looses feel less real to you. And Neuroscientist also  further stated that at this point it's not money you are chasing, rather it is emotion the win's creates.
Losses create the desire to fight back and reclaim what you lost, when loosing, the feeling of revenge triggers on the casino and you are willing to go extra mile and take risks too to recover unless you stop yourself, most people even adopt Martingale strategy to get back at the casino. The gambler fearlessly pursues his losses. Is there a reason for this?.

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3, THE BRAIN CONFUSE LUCK WITH ABILITY: as Neuroscientists may have it here that win's create an illusion control, in gambling when someone win's he or she believes that, he/her now understand the game or her/she is on a lucky streak. Making the gambler to believe that since he or she has predicted the first game and win, he or she will still be able to predict the next one and still win it making the person to continue gambling.
There is also a fake belief when loosing that the next try would be your lucky try and reinforced with this belief, the gambler continues thinking that the previous loss was due to a bad strategy and the next one is perfect. Do your scientist also have an explanation to this?


Most times scientists try to find explanations to buttress a point, but we all know that in gambling, emotions are always high either ways and it only takes self-control, discipline and strict adherence to principles to escape being trapped by your own emotional outbursts



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Today at 12:23:05 PM
 #8

https://bitcointalk.org/index.php?topic=5567397.msg66133536#msg66133536 isn't this basically the same topic? Your is a little more descriptive but the premise behind it seems to be the same.



Definitely, the topic is just the same that deals with the hidden psychology behind casino rewards so the discussion and replies here might be the same or have similar flow of conversation.

The OP just makes a better thread and explanation about the psychology behind compared to the reference thread. This topic should be merge or lock the other one to have a centralized discussion.

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Today at 12:33:29 PM
 #9

Honestly I don’t even want to read it, I don’t want to accept the idea that I’m just being played. I’d rather not register that in my mind because it’ll just kill my interest in gambling. What I understand is it’s human nature, and casino games are designed to make us feel like we’re just having fun so we don’t feel too bad when we lose. But from experience, there are really times when losing hits hard and it’s not easy to move on.

So I just keep it simple. Minimize the wager, treat it as discipline, and that’s it.
All those psychological studies, I don’t really care about them.

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Today at 01:03:11 PM
 #10

Not many people discuss how the mind reacts when people are close to winning dangling a reward.  When people lose, the feelings of I almost win will keep them going since they are so close to winning

Sometimes, when some gamblers lose,  they only remember the good times and forget the bad memories.  Gamblers like to only remember the winning experiences,  and just one lucky moment can sabotage their reasoning and lead them to believe they are winning.

In the end,  it also is not about the money.  Instead, it is just the feeling of excitement, the feeling of wanting to win,  the feeling of hoping,  and ultimately, it is the feeling of thrill.  The feeling of thrill drives a loss and makes them want to keep going even when the reasoning says to just stop.
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Today at 01:10:57 PM
 #11

https://bitcointalk.org/index.php?topic=5567397.msg66133536#msg66133536 isn't this basically the same topic? Your is a little more descriptive but the premise behind it seems to be the same.
Do you want to post another link or is this link that you want to post? I asked this because what the person that posted this topic is saying is different from what the person of that topic you are referring to posted. The person that posted this topic make researches and this is not about a simple question about casino VIP tiers used to lure gamblers but about psychology behind chasing rewards.

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Today at 01:18:57 PM
 #12

https://bitcointalk.org/index.php?topic=5567397.msg66133536#msg66133536 isn't this basically the same topic? Your is a little more descriptive but the premise behind it seems to be the same.
Do you want to post another link or is this link that you want to post? I asked this because what the person that posted this topic is saying is different from what the person of that topic you are referring to posted. The person that posted this topic make researches and this is not about a simple question about casino VIP tiers used to lure gamblers but about psychology behind chasing rewards.
It's the correct link. Like I said, the topics aren't exactly the same but read the discussion on both topics and you'll see it's a lot of the same conversation. This thread goes more in depth and talks about more than just chasing rewards or leveling up, but still basically the same topic.

I don't wanna derail the topic as it still might lead to some good discussion so let's stay on topic the rest of the way and see what develops.

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Today at 01:28:59 PM
 #13

It's the correct link. Like I said, the topics aren't exactly the same but read the discussion on both topics and you'll see it's a lot of the same conversation. This thread goes more in depth and talks about more than just chasing rewards or leveling up, but still basically the same topic.

I don't wanna derail the topic as it still might lead to some good discussion so let's stay on topic the rest of the way and see what develops.
I understand you now, I will not also derail the topic but I noticed that topics and posts but more especially posts are repeatedly posted on this gambling discussion board on different topics that is more about addiction, gambling responsibly and not spending too much on gambling is what most people are posting on the gambling discussion board. But the gambling site might like it because they do not really care about quality posts but their presence with members that do not have bad trusts is what they care most about. The repetitive are to many on this board.

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Today at 01:34:17 PM
 #14

Most people out there gamble more after winning, why because the human brain is wired to Chase rewards. And this are what's really drive it.

The simplest thing is actually the greedy nature of humans. When winning a certain amount with small bets, it creates greedy thoughts where, if winning with bigger bets, it will surely result in even bigger wins. And that situation will continue to grow. 
Greedy gamblers are not satisfied with the small wins they often get. They tend to ignore them and only focus on getting the big wins they desire.

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Today at 01:37:53 PM
 #15

A gambler should not focus more on chasing after anything in gambling other than fun, because he will definitively be disappointed form doing so, it is more better and important that we go back to the drawing board of what gambling is and reason for ourself upon what is expected from us as a genuine gambler, what we must do and what we should avoid doing while gambling, so that we don't have a chase on wrong expectations.

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Today at 01:43:23 PM
 #16


So I just keep it simple. Minimize the wager, treat it as discipline, and that’s it.
All those psychological studies, I don’t really care about them.
Maybe if you had read the article, it would have helped you put some sort of context to what OP is trying to point out. It's a normal thing for gamblers that they chase after wins whenever they've won and just like the OP has rightly infered, the reason for that is because of associating wins with a sense of certainty or special form of ability in the game such that the gambler assumes that because he's won, that he has understood how the game works and that he can win even more if he gives it more try.

Either suci idea is created by ourselves or through dopamine is still a statement of the fact that when we win, there's always an idea that by trying things again, that we can win even more. The ability to balancing things up and managing the risk/ reward urge gives one a sense of control over the game you're playing.

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Today at 01:44:30 PM
 #17

-snip-

I don't wanna derail the topic as it still might lead to some good discussion so let's stay on topic the rest of the way and see what develops.

I know what you mean, but have you noticed that the other topic you mentioned is more oriented to how the gambling platforms try to increase the users' engagement, while this one is more about the inner psychological mechanisms that make them keep gambling?

I think that, although these are two sides of the same coin, a separate, parallel discussion can be more enriching than merging both topics.

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Today at 01:49:51 PM
 #18

Most people out there gamble more after winning, why because the human brain is wired to Chase rewards. And this are what's really drive it.

The simplest thing is actually the greedy nature of humans. When winning a certain amount with small bets, it creates greedy thoughts where, if winning with bigger bets, it will surely result in even bigger wins. And that situation will continue to grow. 
Greedy gamblers are not satisfied with the small wins they often get. They tend to ignore them and only focus on getting the big wins they desire.
Once a gambler is greedy, they’re never satisfied with any kind of win they get, whether it’s small or big. If the wins are small, they’ll want to double or increase their bets so they’ll get much bigger wins, and even when they get a much bigger win, they’ll immediately think about the possibility of getting even more bigger wins. Naturally, there’s nothing wrong for a gambler to wish to win big amounts in gambling when they manage to secure small wins, but the difference between a gambler who’s greedy and one who’s not is that, a greedy gambler doesn’t always end up wishing for those wins, they always want to act, even when the risks they’re about taking is bigger than them, they’ll chase those big wins without minding the risks, and even if they manage to win bigger amounts, they’ll keep on going because they’re never satisfied. And this is why greedy gamblers never leaves the casino with anything, not because they don’t win, but because they’re never satisfied with whatever they win.


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Today at 01:51:56 PM
 #19

Most people out there gamble more after winning, why because the human brain is wired to Chase rewards. And this are what's really drive it.

The simplest thing is actually the greedy nature of humans. When winning a certain amount with small bets, it creates greedy thoughts where, if winning with bigger bets, it will surely result in even bigger wins. And that situation will continue to grow. 
Greedy gamblers are not satisfied with the small wins they often get. They tend to ignore them and only focus on getting the big wins they desire.

No matter how gamblers try to paint their talk and make it look very simple to understand they can't take away the fact that most of them are very greedy which is why you can't see them stop gambling after winning a certain amount, no gambler is satisfied with the amount he won with a small deposit they will always imagine how much they would have won if they had staked a very huge amount that's how the greedy thoughts comes in and you can't change them from that though cause they are not gambling for fun.

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Today at 02:07:14 PM
 #20

1, WINNINGS TRIGGERS A DOPAMINE SURGE: according to Neuroscientists when you win a bet your brain release what they called dopamine, and this dopamine happens to be the same chemical involved in pleasure, motivation and addiction. And  Neuroscientist further stated, that dopamine doesn't only make someone feel pleasure, rather it also makes the person to crave for the source of the pleasure. Now how does it apply to gambling, when you gamble and win, your brain often tells you this worked do it again. And the feeling is so strong that people often mistake it to be skill instead of brain chemistry.
It is true, that dopamine surges can occur when someone engages in pleasurable activities, and they can originate from anything, including gambling. However, dopamine surges can be managed by limiting the activities that trigger them, and I believe the best way to do this is by reducing the intensity of those activities. Ultimately, we are in control of our own thoughts, and we can overcome this by thinking wisely about whatever we want to do, and thinking before acting. Gambling is essentially a means of entertainment, so we should view it as just like that, and any winnings we receive should be treated as additional entertainment. Personally, I consider the capital we bring to gambling a ticket to enter the entertainment zone, meaning we can play as long as the ticket lasts.



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