Quote from: Debonaire217 on January 06, 2020, 08:50:08 AM

Quote from: bobyhodob on January 06, 2020, 06:48:41 AM

nothing has changed for me in the new year
some people might have found it. I've seen a lot of people play gambling in years now and win lots of money, I will wait for my turn this year to get a whale maybe tomorrow, next month idk, but I'm sure luck will definitely come

What do you mean when you say you get a whale? because basically in gambling we do not usually rely on whales as our profits mainly be based on pure luck if we will win or not. But if we are in to trading that much, that is the time we prefer to stand by with the whales and follow them along through

He obviously means becoming a whale himself

What makes it interesting, apart from wanting to become big fish himself (as we all want that) is the fact that this is an example of the so-called selection bias. We see people win tons of money and getting rich overnight, so we are feeling inferior to them. But that's simply because casinos, lottery organizers, and mass media lay themselves out to make these people into public figures and overwhelm our brains with this information

But they don't tell us anything about a by far greater number of people who didn't win anything and probably lost everything instead. So we are made to believe and feel like everyone around us ("thy neighbor") wins jackpots and lotteries. Obviously, the reality is more mundane and less appealing. We just fall victims to out cognitive biases, which are ruthlessly and elaborately exploited by the interested parties

Quote from: Slow death on January 02, 2020, 10:47:56 AM

In the case of casinos people's skills count a lot, so people should focus on increasing their skills. If people don not trust on luck, then things like: "lucky day" won't exist. the person that depends a lot on skills and little of luck, so every day will be good to play

For the total majority of people the only skill they can develop in the games of chance (think dice here) is self-control, which in most cases comes down to quiting after reaching a certain limit on loss and running away with the winnings after hitting a jackpot or lucky streak