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amarcrypto

Why most people loss in gambling?

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They loss because their greed and they cannot accept their losses per session. They should learn how to control this. As I know, there is 2 session on gambling, green session and red session. 

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Honestly I think the better question is, "Why do people expect to profit from gambling?" 

So many people, well im sure all of us have atleast once, gamble with the mindset of, "Ok im depositing to make money." 

I have noticed that when I gamble with the mindset of, "Ok im going to deposit so I can play a little bit and have some fun." not only do I have much better self control and risk management, but also have a much better overall experience! No stress, anxiety, frustration, self loathing, or impulsiveness from desperation. 

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14 hours ago, blueprints said:

So many people, well im sure all of us have atleast once, gamble with the mindset of, "Ok im depositing to make money." 

People with this mindset are better off investing, or trading forex. The odds are against you in any casino due to the house edge, so I would suggest that these people rather learn how to trade, or invest in stocks instead of gambling.

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Posted (edited)

Because they are comfortable with their bets. so they forget to stop.

that is why, when we get a profit, we should stop and withdraw it 70% our win, and try again with 30% left

Edited by davinmark

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On 10/4/2018 at 3:32 PM, amarcrypto said:

4) Knowingly or Unknowingly Relying on Gambling Fallacies:

Basing past outcomes to predict future outcomes, knowingly or unknowingly almost all of us do it most of time. In gambling anything can happen. The roulette wheel does not remember where the ball landed last time and the same goes for other games too.

Calculate your risk and bet size, define your entry and exit and the "Gambling Fallacy" can become your best friend. That's what I'm trying do. 

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Chasing losses and cannot accept small losses is really bad. It might bring to bigger losses, I have seen many people talkin about recovery, idk why they are trying to recovery. Gambling is about win or loss session.

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2 hours ago, jambrong said:

My main reason is when someone win, they never satisfied with small wins and when the money down their minds are uncontrolled and direct emotion. 

I agree with you, and than on opposite side, when they start losing, they bet more and more for recovery which never comes.

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well. they lose because of odds, and strangeness. you would have to divide gambling in real life, from gambling online. And then  you would have to differentiate between the players who chat, and the players who don't; from that subset you would derive which players apply a strategy, and which players don't; which players play only one game, and which players play any gamble they encounter; and from that .. xD 

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