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Author Topic: Does winning too early make gamblers greedy  (Read 1031 times)
Dr.Bitcoin_Strange
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Today at 10:16:07 AM
 #201

if you have plans, you are very likely to not suffer certain kinds of loss, setting a limit and having a budget with which you gamble can actually help you a whole lot not to gamble in manners that will pit you at risk of loosing so much that you may likely went to fall for addiction because you will attempt recovery of that which you have lost.

That's true, the plan is part of what some people sees as a personal strategy to how they maximize profits from sports betting or casino games, they set a lose limit and a realistic prize that when they win such amount, they will stop playing until another time when their mind is settle and they can make more informed decisions that could help them win again. Luck can beat them at times but they will never lose more than they have planned to. That's how I approach gambling so that I don't lose more than I can handle.

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Today at 11:39:34 AM
 #202

When gamblers start winning early, there’s this inner joy that comes with it, winning early in gambling gives confidence and satisfaction that makes most gamblers feel that they always have luck. But sometimes early win can make some gamblers to be greedy without knowing. Early winn gives gamblers assurance that gambling is easy, A gambler who wins steady may start believing that they have found a winning technique, this mindset can make them increase their bet in other to win more money.
Most times early win can make gamblers want more profit instead of them to stop after winning big they will still continue because they want to increase their winnings. This mindset can lead them to risky decisions, especially if the gamblers neglect the possiblity of losing the money they have already gained before.

NOTE that early winning can be exciting,at the same time make gamblers to be greedy if they fail to control themselves, the best way is to set limits and remember that winning and losing are normal in gambling.

And I want to point out that you can look at this phenomenon from a physiological point of view. The first major early victory gives the gambler feelings that he has not experienced before, and most likely he will never feel these incredibly vivid emotions in gambling, because the next such win will not cause him such intense delight. His neurons will no longer run so brightly through the brain connections.
And as we know from physiology, to repeat the same level of joy as before, this gambler needs to win, but now for a larger amount. Perhaps even twice as much as the previous one.

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Today at 11:50:05 AM
 #203

In life, this principle is really applicable absolutely everywhere, I remember how I was addicted to extreme sports and adrenaline no longer brought those emotions that were at the beginning of this hobby. The same applies to trading, women, and any other aspect of life, and you know it without me.
So in gambling and betting, this is always very pronounced. The first bet may be really small, but in terms of emotional intensity it will be much brighter than the hundredth of his bet. This is how our nature already works, and it's probably done so that the gambler's heart doesn't take on a lot of excitement.


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