Have you ever felt like you're already due for a win after a long losing streak?

[len01]

-snip

But does it really work like that in real life, or are we just fooling ourselves because we dont want to accept that losing can still continue no matter how many times we already lost.

In my area, many gamblers have this mindset, and I even used to think that way. But since I realized that gambling is a business designed to profit the owner (not the user), that mindset has made me abandon it. Because in gambling, nothing is certain and it's always about luck. So, if anyone still thinks that way, they're certainly fooling themselves.

[IsraelK]

I think a lot of gamblers get stuck in that mindset. the more you lose, the more you start believing that a win has to come soon. like it just doesnt feel possible to keep losing forever, so you convince yourself the next bet might finally be the one.

Sometimes that is also when people start doubling their bet after every loss. because in their head, they are already due, and one win could recover everything. it sounds good when you think about it in the middle of a losing streak, especially when frustration is already there and you just want to get your money back.

But does it really work like that in real life, or are we just fooling ourselves because we dont want to accept that losing can still continue no matter how many times we already lost.

I wanna know if others here also think that way sometimes. have you ever felt that after a long losing streak, your win was already getting close. and did that feeling help, or did it just make you lose even more.

That feeling you are describing, that the universe "owes" you a win because you’ve lost so many times in a row, is a classic psychological trap known as the Gambler’s Fallacy.
In reality, the cards, the dice, or the players on the field have no memory of your previous losses. Every event is independent. If you flip a coin and it lands on heads five times, the chance of tails on the sixth flip is still exactly 50%. Believing a win is "due" is how a bad weekend turns into a financial crisis.

[sompitonov]

In my area, many gamblers have this mindset, and I even used to think that way. But since I realized that gambling is a business designed to profit the owner (not the user), that mindset has made me abandon it. Because in gambling, nothing is certain and it's always about luck. So, if anyone still thinks that way, they're certainly fooling themselves.

Many players simply want to constantly believe in the best for themselves, as if they deserve to win, but luck is completely random, and losses can continue to be even worse, which can completely destroy a player and cause them to go on a wild tilt and become depressed, making recovery nearly impossible. In any case, I've experienced this myself: after losses, I thought I'd start winning, but then I lost a lot, even breaking my bankroll management rules. Naturally, I never recovered.

[bakasabo]

I have never been in a situation when I have been losing or gambling for some period of time and then think that next round I must win because I have been losing enough already. I think that is the feeling that causes most problems, that people think that now script, game or algorithm must make then win. Those who really have that feeling, I wonder what make them think that next round must be winning but not the round that comes after?

[nelson4lov]

It works in real life. A losing streak will one day end but you can't win if you've stopped trying. It's the same thing with life really. The fact that one might be going through a rough patch streak doesn't mean you've to give up. The best thing to do is still to keep on trying and that's the only way to win because one day will eventually be your lucky day abd it's best if your lucky day meets you when you're still trying. These days people say "A moving man will meet his lucky". I tend to agree.

The longer it gets the more dangerous it becomes. Players fall for ideologies as this and end up meeting dead end anticipations, unfinished losing streaks can be laid to rest to function some other times. The point isn't wrong when done right, but misusing the losing streak process builds brokenness, finance and emotions gets shattered, ain't cooking the books, you know how bad it has been for players who didn't make it right while chasing losses in hopes for a light at the end of the tunnel.

I didn't say chasing losses was a good thing. It's never a good thing because whenever someone chases their losses, they're only doing so with an unhealthy mental state that will cause them to make even more irrational decisions that would lead to more losses. My point was that, we are taught that there's light at the end of the tunnel. The same way all losing streak meets their end is the same way all losing streaks will meet their end too.

[Versatile_choice]

Lol, although this feeling is very common among gamblers especially those who are gambling for profit. after gambling to some extent and they didn't get lucky they will start looking for a possible means just to win, I won't deny the fact that I feel like I'm already due for a win of course I do feel this way most at times especially when I'm in a long losing streak, whoever that find him or herself in such situation would surely feel that way because it's money we are betting with not paper so I think there's a reason why we need to feel it.

[rachael9385]

Lol, although this feeling is very common among gamblers especially those who are gambling for profit. after gambling to some extent and they didn't get lucky they will start looking for a possible means just to win, I won't deny the fact that I feel like I'm already due for a win of course I do feel this way most at times especially when I'm in a long losing streak, whoever that find him or herself in such situation would surely feel that way because it's money we are betting with not paper so I think there's a reason why we need to feel it.

That's desperation, gambling isn't some kind of charity that people should expect profits from every time, that's not how the game was designed. Looking for every possible means just to win is dangerous because you are giving room to emotions which eventually leads to irresponsible gambling, this is why they might start chasing and losing a lot of money.

[Fivestar4everMVP]

Lol, although this feeling is very common among gamblers especially those who are gambling for profit. after gambling to some extent and they didn't get lucky they will start looking for a possible means just to win, I won't deny the fact that I feel like I'm already due for a win of course I do feel this way most at times especially when I'm in a long losing streak, whoever that find him or herself in such situation would surely feel that way because it's money we are betting with not paper so I think there's a reason why we need to feel it.

But feeling this way doesn't change anything, it doesnt even move the algorithm, infact, the algorithm doesn't even know or have any idea what you are feeling and this is why such feelings changes absolutely nothing..

This is why it is more important to treat gambling as a fun activity where you are not so dependent on winning to elevate your mood.
Because as a gambler who treats gambling as a fun activity, one thing to learn how to do is always setting aside a small amount of money anytime you want to gamble, this amount should be the amount you can afford to lose without overthinking it, and also before starting to gamble, makes sense to always treat money meant for gambling as money already lost, this helps not to feel bad when the money eventually gets losts.

[lombok]

Lol, although this feeling is very common among gamblers especially those who are gambling for profit. after gambling to some extent and they didn't get lucky they will start looking for a possible means just to win, I won't deny the fact that I feel like I'm already due for a win of course I do feel this way most at times especially when I'm in a long losing streak, whoever that find him or herself in such situation would surely feel that way because it's money we are betting with not paper so I think there's a reason why we need to feel it.

The Gambler Fallacy is the logical fallacy of believing that a losing streak will soon be turned into winning streak because of the theorized similarity between them. Every gambling period is independent and unrelated to the past outcomes, and hence your expectations lack a good mathematical foundation. This is no good plan to be emulated. The answer to this is to quit the moment you start basing your bets on the basis of emotions because the market or machine never owes you anything.

[Orpichukwu]

I feel that every time but I never go so far as to actually believe it is the reality that because Im owed, I will be in any certainty getting full re-balance and perfect justice from the universe.
  That would seem self centered or egotistical, I'm too cynical to believe I will soon get the good luck I deserve even if I do still think I should have had it hours ago!

Is that not what they regard as self-discipline? I mean, you have that feeling, but you are able to control yourself not to allow that feeling to determine how you gamble, and I believe most of us do have that feeling each time we are gambling and we have been losing on the run; it's just a matter of if we can control it or not.

[Powerjumboo]

I think a lot of gamblers get stuck in that mindset. the more you lose, the more you start believing that a win has to come soon. like it just doesnt feel possible to keep losing forever, so you convince yourself the next bet might finally be the one.

Sometimes that is also when people start doubling their bet after every loss. because in their head, they are already due, and one win could recover everything. it sounds good when you think about it in the middle of a losing streak, especially when frustration is already there and you just want to get your money back.

But does it really work like that in real life, or are we just fooling ourselves because we dont want to accept that losing can still continue no matter how many times we already lost.

I wanna know if others here also think that way sometimes. have you ever felt that after a long losing streak, your win was already getting close. and did that feeling help, or did it just make you lose even more.

While gambling, greed can arise in the minds of many people because it is natural for such greed to arise from gambling platforms because after losing a lot, many people can change their lives in an instant by getting a very big win. I heard about a person I know in my neighborhood who had a lot of money in debt while gambling and he continued to gamble constantly, but I heard from him that after losing a lot and having a lot of debt while gambling, he got a big win where he ended up owning a lot of money even after paying off all his debts. In fact, not everyone has such luck and this greed may make people completely destitute while gambling.

I have never had such a craving because I think excessive gambling never brings anything good. I think excessive gambling makes people addicted to gambling. I have always accepted gambling as entertainment and use very little money in gambling. I never participate in gambling again after losing. When I see that I am constantly losing, I definitely retire and participate in gambling later as per my convenience.

[Sonia_123]

I think a lot of gamblers get stuck in that mindset. the more you lose, the more you start believing that a win has to come soon. like it just doesnt feel possible to keep losing forever, so you convince yourself the next bet might finally be the one.

Sometimes that is also when people start doubling their bet after every loss. because in their head, they are already due, and one win could recover everything. it sounds good when you think about it in the middle of a losing streak, especially when frustration is already there and you just want to get your money back.

But does it really work like that in real life, or are we just fooling ourselves because we dont want to accept that losing can still continue no matter how many times we already lost.

I wanna know if others here also think that way sometimes. have you ever felt that after a long losing streak, your win was already getting close. and did that feeling help, or did it just make you lose even more.

Yes I have felt that  way, but what would I do if the wins has not  comes  as we all know that winning in gambling is by luck and its not often.

Gambling is not meant for gamblers to be winning often but the the casinos to always be at the winning side and that is why it is always difficult for gamblers to win, therefore all you have to do is to keep gambling since it was made to be for fun.

[drangos]

This has always be a form of trap that gamblers do fall into it, which they know the truth and the right thing to do but they just choose to do what their minds asked them to do, because they believed whatever their minds direct them to do, is just the way, forgetting that there are higher chances that they may still continue on the losing streak, when gambling can't be predicted by anyone, which the chances of winning is not certain, which gamblers are to understand that fact and move on, beside gambling is not a do or die game or a game where one can be making money from it.

Feeling like you are overdue a win after a lengthy losing streak is one of the greatest pitfalls in gambling. It makes sense. yet each game is a stand alone and the history of losing does not enhance the future. This is known by many gamblers. but they continue to listen to their emotions thinking that they will win next. Actually the losing process can be as prolonged as well. Such an attitude usually results in pursuit of losses and frustration. Gambling is not a sure thing and is not a good method of getting money. The wisest thing to do is to know when to quit and leave.

[junder]

Actually, this string of losses doesn’t guarantee that if we gamble again, we’ll be able to win in fact, a win can even come on the very first bet it all depends on luck.

Would that already fall under superstition, since we are basing it more on belief than on reality or science?

It’s one thing if we’re talking about God, because that’s faith, even if we do not see it. But gambling is different, because here we already know the probabilities of the outcome overall, and sadly it usually does not favor us.

So in a way, we’re just fooling ourselves if we keep trying to convince ourselves about something that is never really certain. That’s why it’s called gambling in the first place, because we are only guessing.

As for me, I don’t especially since I don’t believe in superstition, but I do believe in luck. Why do we sometimes always manage to convince ourselves that we can still win the next bet? What I feel is that it comes from the allure of the potential profit to be gained, and even though we know the odds are usually disappointing we still convince ourselves it happens often. So you’re right we’re just guessing, but maybe we’re also hoping.

[atookz]

This will be the case with so many people when they suffer a stretch of losses in gambling, they will surely feel that victory is at hand. Whereas in gambling each game is independent, which means that previous losses will not increase the chances of winning in the next game. This is merely an illusion of control that makes us think we can read patterns and as such we become more aggressive and make a decision that is based on emotion.

I have definitely felt that and this feeling made me run out of money. And I have also in this respect had victories such as really were, and which strengthened my adherence to such a belief, and caused me to keep on gambling until I lost money.

[impulse709]

Actually, this string of losses doesn’t guarantee that if we gamble again, we’ll be able to win in fact, a win can even come on the very first bet it all depends on luck.

Would that already fall under superstition, since we are basing it more on belief than on reality or science?

It’s one thing if we’re talking about God, because that’s faith, even if we do not see it. But gambling is different, because here we already know the probabilities of the outcome overall, and sadly it usually does not favor us.

So in a way, we’re just fooling ourselves if we keep trying to convince ourselves about something that is never really certain. That’s why it’s called gambling in the first place, because we are only guessing.

As for me, I don’t especially since I don’t believe in superstition, but I do believe in luck. Why do we sometimes always manage to convince ourselves that we can still win the next bet? What I feel is that it comes from the allure of the potential profit to be gained, and even though we know the odds are usually disappointing we still convince ourselves it happens often. So you’re right we’re just guessing, but maybe we’re also hoping.

It is a very natural feeling when one is overdue to a win after a long series of losses, but it is also a fallacy in thinking called the gamblers fallacy. Betting is discrete and there is no association between bad luck and thus your future wins are not affected by previous losses. I concur with this sentiment having been more of a wish than a rational thought process since we are more prone to thinking of how much more we can get back or how we can strike a lottery win. Despite our knowledge of the chances. we can still get motivated to continue trying. Luck is a normal belief. but it is unsafe to count on it. as the results of gambling are the consequences of probabilities. rather than on a good run or anticipations.

[Pi-network314159]

I wanna know if others here also think that way sometimes. have you ever felt that after a long losing streak, your win was already getting close. and did that feeling help, or did it just make you lose even more.

of course every gambler wish to win after a long losing streak, after losing for so many times you start feeling you are close to wining, and when the wining is not coming it makes the gamblers to feel aggressive. and the truth is that having that feeling does not even help in any way except you are just lucky. instead you keep losing back to back till you are lucky to win huge. i have tried to be aggressive in so many occasions but i have no choice than to keep trying till the wining comes because being aggressive does not change anything.

[bakasabo]

How many losses there must be in a row to make person think that it is time for him to win? Is 10 losses enough? Or 3 is enough? Maybe person is impatient and lacks self-control, then even one loss is enough for him. I dont think such feeling should exist, or if person has it, then he should think how to lose such feeling, as it will lead him to troubles. I think this is not the case where intuition is involved, even though it is a feeling.

[Crypto_Timothy]

It's that feeling of getting it "so close", like if I told you could not do something, that is was impossible but yet for some reason you came "this close" to getting it, the next time you will feel confident about actually getting it. I think that confidence it what leads so many to Thier gambling death.

In fact you should never gamble because you went to recover or because you were so close and now you have figured out how to make money all of sudden from gambling, nahhh. See gambling as entertainment and enter with only what you can afford to lose any other strategies you think you have may just be you wasting time.

[Wakate]

-snip

But does it really work like that in real life, or are we just fooling ourselves because we dont want to accept that losing can still continue no matter how many times we already lost.

In my area, many gamblers have this mindset, and I even used to think that way. But since I realized that gambling is a business designed to profit the owner (not the user), that mindset has made me abandon it. Because in gambling, nothing is certain and it's always about luck. So, if anyone still thinks that way, they're certainly fooling themselves.

I have been in this condition before and the most annoying part is that it does not change the story if making me profitable when I think I am due to make money from betting. Those that think it is due time for them to make profits from gambling should better have a rethink before ever putting themselves in a condition unfavorable for them.