Post
Topic
Board Gambling discussion
Re: Frustrations: Losing Streak
by
Baofeng
on 13/07/2018, 12:32:20 UTC
And all that frustration is against the great lesson that mathematics (probability theory) teaches us, i.e. that losing streaks of any arbitral length will eventually happen with probability 1.0 for everybody if they play long enough ...

The longer you going to play eventually you will end up losing only. And this people do not understand and they wear the sunglasses of greed due to which they only sees money and at the end of the day move out of losing the money. As addicted people are the best example of how much money they lose rather than winning it.
Most Gamblers don't see this thing. They don't see that if they play longer, the outcome is they will end up losing all of their money. Most gamblers are too greedy that they want to win all of their co-gamblers money. When I am gambling, there are some times that I become greedy and the outcome is I lose all of my money.

As long as they can produce money they will go for it. Last night I was amazes on those people that I'm playing with in a machine roulette in a land based casino. I see them betting big and winning huge, but at the end, they lose everything. However, I will just hear them chit-chat for a new minutes as if nothing happens. And then one of them will go down, and return with huge amount of money. I don't know where this guys get their money, maybe I have few speculations. But I can't believed them not stopping when they have huge winnings already.