Why Smart Peoples Sometimes Get Stuck In Gambling

[Junii]

Hello Reader. I hope everything will be fine at your end.

Last night when i go to bed something came into my mind that ruined my sleep  and i have been thinking on it for a while.

It was that we usually assume that smart or analytical peoples handle gambling better. Because they understand odds they know the risks and they even calculate things more deeply as compared to others.

But in reality it does not always work like that. Sometimes being smart actually makes the things more harder.

A lot of intelligent people try to understand gambling like a system. They track results and change strategies if the old one does not works and blame themselves that if they think a bit harder they can get better control over the outcome.

And after a few wins confidence grows. And slowly that confidence turns into a feeling like I am not just gambling I am managing it.

The problem is gambling is still based on uncertainty.

So when losses happens smart peoples often do not accept it as just randomness. Instead they try to fix it or recover it using another plan. That is where chasing starts without even realizing it.

Another thing is ego. For someone who is used to being right in life accepting repeated losses feels uncomfortable.

From the outside they still look calm and controlled. But inside the focus slowly shifts from profit to I need to be right again.

I am not saying intelligence is a disadvantage. It actually helps in many areas. But in gambling emotional control matters more than understanding numbers.

Sometimes the hardest part is not learning more but accepting that you can not control everything.

What do you think? Do smart peoples really have an edge in gambling or does overthinking sometimes make it worse?

Take Care Of Your Self And Good Luck.

[Charles-Tim]

A lot of intelligent people try to understand gambling like a system. They track results and change strategies if the old one does not works and blame themselves that if they think a bit harder they can get better control over the outcome.

So when losses happens smart peoples often do not accept it as just randomness. Instead they try to fix it or recover it using another plan. That is where chasing starts without even realizing it.

I like this two parts of your post. They think they are intelligent, look for means to win money on the gambling site, make some strategies, losing money, look for another strategies, continuing loosing money, risk tolerance increases, continuing losing money, addiction begins. If it got to the stage of addiction, that is no more an intelligence, but foolishness of making money loss tolerance to be increasing

[Hispo]

...

What do you think? Do smart peoples really have an edge in gambling or does overthinking sometimes make it worse?

Take Care Of Your Self And Good Luck.

It is not actually being intelligent or not when comes to gambling. It is rather about having the hunch one could be actually capable of out-smart the casino/ the house with whatever technique they have in mind.

Actual intelligent people realize gambling implicitly have a edge which favours the house from the beginning and treat Gambling for what it actually is: a mean to get entertainment and amusement.

I have always got the impression those "intelligent" people who try to out-smart the house in casino games are not only "intelligent" but also share in common much cockiness and entitlement, they believe they are special enough to be the ones to benefit from casinos, while the rest of the world are just dumb enough to defeat the system.

Intelligence is not a disadvantage, entitlement and over-confidence are. Not only in gambling but also in many other aspects of life.

[GreatArkansas]

This is the reason why gambling is not for everyone. OP makes sense, especially the part about intelligent people treating gambling like a problem that can be solved instead of a risk, because we all know gambling involves luck, so even if you are smart, you still sometimes rely on luck.
For me, the real danger begins when confidence slowly makes you feel like you're more in control than you actually are.

[Porfirii]

Intelligent us not a with an easy definition, and I have known many people who were considered very intelligent who made very bad decisions in their lives. With gambling, chances are that the same happens with very clever people: some of them can try so hard to succeed in gambling or sports betting thanks to their outstanding analytical skills that may lose perspective, as focused as they are in their goal. Also, poker players, who I believe must be super intelligent to get to compete in the best championships, can have serious problems if they do not measure the risks well at a given time.

Maybe, again, it has more to do with the definition itself of intelligence, which against all odds it does not seem to guarantee a better life in many cases, contrary to popular opinion.

[swogerino]

If they are stuck in gambling I would definitely not define them smart as a first point. Secondly these persons just like me and many others maybe the average Joe that thought they can make a shortcut through gambling, little did we know that in real life shortcuts do not exist and as such we keep looping around gambling games hoping for some better days. I do not consider myself smart enough as long as I am gambling while also any other person doing so of course could not be called smart or intelligent, intelligent people are those who do better things with their life.

[TopT3ns]

If they are stuck in gambling I would definitely not define them smart as a first point. Secondly these persons just like me and many others maybe the average Joe that thought they can make a shortcut through gambling, little did we know that in real life shortcuts do not exist and as such we keep looping around gambling games hoping for some better days. I do not consider myself smart enough as long as I am gambling while also any other person doing so of course could not be called smart or intelligent, intelligent people are those who do better things with their life.

Being able to understand that there is no fast track to wealth when it come to gambling is a courageous first step when it come to measuring your gambling behavior. Gambling usually sends a person in a vicious feed of wishing to get something without actually getting it. Admittedly, intelligence is checked by making improved choices in life, thus changing your focus into productive activities is your indication that you are attempting to escape a negative cycle.

[bubilas]

Hello Reader. I hope everything will be fine at your end.

Last night when i go to bed something came into my mind that ruined my sleep  and i have been thinking on it for a while.

Sometimes smart people are more vulnerable to deception than those who don't perform brilliantly on the IQ test. I used to work with cool analysts and at first glance they seemed like great guys who get to the bottom of things quickly and easily, but then I realized something. They do not have a broad outlook, but only like fish swimming in a lake in the professional sphere in which they live. They often don't read the news, but only focus heavily on the area where they manage to self-actualize and be cool. And of course they are, in their pride, easy victims for the casino. That's why I stopped liking guys like that.

[imthegreat]

Hello Reader. I hope everything will be fine at your end.

Last night when i go to bed something came into my mind that ruined my sleep  and i have been thinking on it for a while.

Sometimes smart people are more vulnerable to deception than those who don't perform brilliantly on the IQ test. I used to work with cool analysts and at first glance they seemed like great guys who get to the bottom of things quickly and easily, but then I realized something. They do not have a broad outlook, but only like fish swimming in a lake in the professional sphere in which they live. They often don't read the news, but only focus heavily on the area where they manage to self-actualize and be cool. And of course they are, in their pride, easy victims for the casino. That's why I stopped liking guys like that.

I also knew and still know such people, and the screams are really strange. They are smart and analytically quick to solve problems, but in real life they do not know how to master social skills well and always, every time, adore themselves. They believe that they have an opinion, and any other opinion is wrong. This is stupid and ridiculous, because only a true sage understands criticism and accepts it, while the proud are supposedly blind and always want to be right in any matter. But this is ridiculous, because you can't just think like that and build your own cult of personality.

[Finestream]

At some point, smart bettors gain an edge in gambling through leveraging statistical analysis and odds discrepancies. Being intelligent creates more advantage than those who gamble without knowing or those who gamble blindly.

However, being smart and intelligent does not matter much in gambling, because in the long run its always the house that should always be winning, while players continue losing. Even professional gamblers cannot beat the house, how much more for those who only have intelligence but not skillful and strategic enough when gambling.

Intelligent people are often perfectionist. This perfectionist personality makes it incredibly difficult for them to just walk away and just accept that losses are normal when gambling. Instead, they resorted in solving the puzzle every time they lose, and keeps overthinking. Until they don't notice theirselves they are already drown to losses and ruin their finances.

[Rockstarguy]

A lot of intelligent people try to understand gambling like a system. They track results and change strategies if the old one does not works and blame themselves that if they think a bit harder they can get better control over the outcome.

So when losses happens smart peoples often do not accept it as just randomness. Instead they try to fix it or recover it using another plan. That is where chasing starts without even realizing it.

I like this two parts of your post. They think they are intelligent, look for means to win money on the gambling site, make some strategies, losing money, look for another strategies, continuing loosing money, risk tolerance increases, continuing losing money, addiction begins. If it got to the stage of addiction, that is no more an intelligence, but foolishness of making money loss tolerance to be increasing

Well, their is nothing bad trying to get strategy that will work for you in gambling but the mistakes a lot of gamblers normally make is having the mentality that strategy can give the kind of results they want. Gambling cant be predicted and whoever thinks of strategy should understand it is not certain and strategies should be a reason to gamble without limit. One thing with gamblers who go after strategy,  they believe they are so smart to go after strategies and it would yield a good outcome. It is good to have strategies but one important thing to have in mind is never to rely on strategies.

[mitchr4]

If they are stuck in gambling I would definitely not define them smart as a first point. Secondly these persons just like me and many others maybe the average Joe that thought they can make a shortcut through gambling, little did we know that in real life shortcuts do not exist and as such we keep looping around gambling games hoping for some better days. I do not consider myself smart enough as long as I am gambling while also any other person doing so of course could not be called smart or intelligent, intelligent people are those who do better things with their life.

Maybe that's the problem, feeling too smart makes them think they can handle gambling well. But many end up trapped because they slowly fell into it before they even noticed. Trying harder only makes things worse. Knowing when to stop, or better yet never starting would have saved them.

[_act_]

At some point, smart bettors gain an edge in gambling through leveraging statistical analysis and odds discrepancies. Being intelligent creates more advantage than those who gamble without knowing or those who gamble blindly.

I go for analysis while gambling with sport betting, but that is not possible in casinos.

Odds discrepancies is a different thing entirely because you may think the odd is mistakenly set by the bookies, but which may not be true many time if you know how the odd is set. I have won 2.05 odd before from such matches, but after I started finding more of such odds, I noticed that the team that I thought would win because they have been winning matches, might lose. This is very common when a strong team goes bad in a season or after two seasons while playing with another very strong club but which was not good in the last or last 2 seasons.

[Mia Chloe]

~snip

Well personally I think smart people generally will not gamble. Yeah smart people can be good at statistics and like a lot but another pretty similar trait I noticed is smart people don't fancy what they can't predict or control and luck which is an undeniable aspect of gambling is a good example.

You see sometimes in a space like this being smart mostly boils down to being able to spot loopholes and actually exploit them in most cases.

[Solodoski]

Being smart of foolish don't guarantee a win in gambling. The dumbest people in the world are most times lucky when they gamble. Being smart comes with a lot of disadvantage in gambling. Like a smart person would want to use logic thinking or be diplomatic in gambling but that will only acquire more loss for them because in gambling luck and understanding of the game is needed.

[nimogsm]

Hm, that's an interesting topic to ponder. It's highly questionable to assume that a truly intelligent person would figure out how to beat a casino, for example, if they understand enough about the mathematical model and the probability that any game outcome can be negated and made random. How can this be calculated? I know a guy who's good at counting cards during a game and remembers exactly what went into the discard pile and how many cards are in play. This is simply a small advantage that allows him to understand whether he's winning at a given moment and nothing more. I hardly imagine anyone so captivated by the idea of ​​beating a casino or a game of chance.

[MArsland]

What do you think? Do smart peoples really have an edge in gambling or does overthinking sometimes make it worse?

Take Care Of Your Self And Good Luck.

Being a responsible gambler does not necessarily mean being a smart person; what matters is being aware of the risks and knowing when to stop. In essence, gambling wisely and understanding one's betting limits will save from pressure. Smart people always have calculations and targets because they rely on their intelligence to set expectations, while in gambling there is always an element of luck and remember, luck comes to people randomly.

[HustleZ]

What do you think? Do smart peoples really have an edge in gambling or does overthinking sometimes make it worse?

Well it kind of depends on what kind of gambling a person is doing. In some types smartness may prove and edge for a person whereas in some places only luck matters and it doesnt matter how much smart a person is. For example If you gamble on specific sports then you can make calculated decisions and your smartness can prove beneficial for you, or other games that require skill but slot games are the ones that doesnt need a person to be smart it just needs courage to risk and the reward is upon the luck. Moreover as you described smartness can be harmful then i may say that it isn’t smartness. A smart person isnt egoistic and tries to recover funds by gambling again and again what he does is finds what was wrong in his first strategy and rearranges it accordingly.

[iv4n]

What do you think? Do smart peoples really have an edge in gambling or does overthinking sometimes make it worse?

Take Care Of Your Self And Good Luck.

Well, if your games of choice are poker or sports betting, maybe you can have an edge, but if you like to play slots or other luck-based games, then it's a different story... you simply can't have an edge.

And yes, overthinking can make it worse... overthinking can create the illusion of control, or even worse, make you think it's your time to win & the next bet will be the winning... and that's where many people get trapped. I guess everyone who gambles long enough knows about those feelings...

Take care and good luck.

[Agbe]

I have not seen anyone came here to tell us that he is she is an expert of gambling which they have streaks wins at all time and there is no lose in their gambling life. Nobody can tell us the true answer of the game but only to predict the game. So that should be on luck and not from the analysis or smartness. Everyone stuck because nobody knows the results until it is display after the match.