I would like someone to break down the psychology and logic of the following.
Via gambling,
I can & have turned $1 into $2 over and over again.
But I can not & have not ever been able to turn $100 into $200 using the same methods and logic scaled on a Percentage base.
This conundrum boggles my mind.
(If any common logic is missing from this short comment, assume it was included.)
It depends on our how dare we are to take risk our mind want to keep into safe environment we fee comfortable with little amount and our allow us to play with less lose but huge amount we act totally different so that is the reason why are getting failed with big amount.
theoretically this is not true , the odds of turning 1$ to 2$ playing the same game and following the same strategy is the same of turning 100$ to 200$
also if the games have the same rules like in the first one min bet is 0.01 and max is 1 , 2nd one has 1 min bet and 100 max ... etc
but things are different in games like poker , when you will find turning 10$ to 100$ is much easier than turning 100$ to 1000$ , cause each higher buy in level has more skilled players also there is the pressure aspect that you are playing higher limits and facing more skilled players than before which will affect on your decisions
Other games shouldn't be affected by the " safe environment " or " risk toleration "since you can't change the results and you are following the same steps that you were following while betting micros