Re: The psychology of betting.....

As humans, we are conditioned to look for patterns in life and we gamblers try to make predictions based on what we see, while we are gambling. The reality is that these patterns does not exist, but we like to pretend that they do because it helps us to bring order to the chaos that are gambling. Roll Eyes

Some people seem to think that your bet size will increase your chances to win, but that is simply a myth. The reality is that it simply means your payouts will be bigger when you do win.

A lot of my friends believe that it is better to spin the Slots manually, because "Auto spin" are rigged by the casinos... but that is also a myth. A lot of things come into play when a bet is made and it has nothing to do with the "auto bet" feature. (Client Seed / Server Seed & RNG and RTP ...)

Have you pressed the "bet" button, before the reels have stopped.. thinking that it will give you a favorable outcome on your bet? Well, I have news for you... the outcome has been decided in milliseconds after you pressed the button for the bet, the GUI interface happens long after that to display the outcome of the bet to you. Grin

(Go into the developer mode of your browser to see this)

What patterns do you see and how much do you believe in it?

Gambler's Fallacy basically. Our pattern-loving brains making a fool out of us and making us believe that just because a particular outcome hasn't happened in a while, would equate to meaning it would happen soon, which is just wrong and is a fool's way of thinking in my opinion.

As for your friends' being iffy with the auto-spin feature of the slots they play. That's a little stupid too as you put it lmao. If the casino could rig their machines to favor them when a gambler uses auto-spin, what makes them safe from getting ripped off by the casino with the manual spin as well? And for that matter why are they playing in a casino that they do not trust?

As for me, I often fall victim to gambler's fallacy, especially back in the days when I don't know better. I used to gamble a lot on dice and hi-lo, as well as slots, which are very prone to this type of Fallacy. I crank the lever, lose, and say to myself that "since the jackpot's not come this turn, maybe in the next couple of spins I'd get it" only to be disappointed over and over again.

Actually it does really add up that kind of thrill and vibe which we do really want to experience on the time that we do gamble. We do play gambling for fun and entertainment and there's no enjoyment
on the time that you do make out bets but you are just putting up your bets without having no emotion or doesnt really think off for some strategy or somewhat correlated to this which
it do really remove out that general essence on whats the real purpose of gambling in the first place.Of course we do really like to win up and this is where we do think up on testing some strategies
which it would really be just a normal approach. Some are already that knowing that it is really not that something that could work because gambling is totally random
and you cant really be that lucky as always so its a normal approach and normal dealing where you would be testing out countless strategies until you would see that one of them do work and
that what makes you happy. Cheesy

Gambling? It's like a tremendous, mysterious chocolate box, folks. You never know, but with strategy, you can boost your chances of sweet victory, or a winning streak, bigly. Think of it as chess, predicting opponents' moves. But there's a twist, a blend of luck and tactics. Imagine Mario Kart and Scrabble had an incredible, unpredictable offspring! Feeling lucky? Go ahead, toss those dice, whirl the wheel, or unveil the card. Who knows? You might strike gold, and etch your name in gambling history. Believe me!