Quote from: cryptomaniac_xxx on Today at 02:09:01 AM

Quote from: nullama on Today at 01:52:59 AM

Quote from: Mr. Magkaisa on June 04, 2023, 08:42:31 AM

~snip~
- I don't get your point here, do you mean that they will let you win casino house edge on their gambling platform, until you fall into their trap to deposit a bigger fund on it. Then it will come to a point where you don't realize that you have deposited a large amount.

Where you don't notice that you're losing a lot of money because you enjoy gambling and you think you'll win more than the money you put in, is that your point?

Basically there's not many people that would feel comfortable putting $800 in one go at a slot machine, but many end up doing so by putting small notes, $1, $5, $10, at a time, and then trying to recover loses, etc. If you sum up all that they will realize they paid more than $800 even though they wouldn't have done it in one go.

Maybe but here in our country, I've seen people putting at least $100-$200 at a time and try their luck on their favorite slot machines. And chances are, they are going to bet big, max bet or with huge multipliers. So that amount of money could be lost in an instant as we all know that slots machines are one of the worst game to play because it is base on pure luck.

Funny thing is, once those players loss, they are still going to continue to put more money, trying their chances again to recover and recoup with they initially lost. But in term, they are going to lose more as the longer you play, your chances to win are getting slimmer.

These devices are programmed in a way to keep a certain percentage of the money put into them. This is known as the 'hold percentage,' and it's the opposite of the payout percentage. So even if the machine has a 98% payout, it's still holding 2% of all the money played.

Gambling, especially on slot machines, should be seen as an expenditure, not an investment. It’s entertainment. The moment you start seeing it as a way to recoup your losses, you’re going down a slippery slope. It's easy to get trapped in the 'Sunk Cost Fallacy', thinking you must keep playing to recover your