Post
Topic
Board Gambling discussion
Re: The psychology of betting.....
by
Fortify
on 03/05/2023, 19:53:37 UTC
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?

I'm not sure we're "conditioned" to look for patterns, as much as we're comforted by them as it suggests there is some sort of underlying order in the crazy world that we live in. However people are generally terrible at making sophisticated calculations and heavily misjudge what they perceive is a statistic that might work in their favor when it comes to betting. You suggest that the outcome is decided as soon as you press the button, but as far as the end user knows every single bet could have been planned out the moment they registered and is simply following a predefined sequence, designed to give the illusion and manipulate the players in the optimum way, if you choose to play the games.