Post
Topic
Board Gambling discussion
Re: Dangerous chasing losses
by
Blitzboy
on 26/11/2023, 11:44:35 UTC
Things that every gambler must avoid is playing gambling when they are bored, chasing to return capital and gambling over an excessive time limit.  i have also experienced this, but for now i will not do that again, when i run out of capital that i have set for today, i will stop, i will try to return my capital again tomorrow, because my luck will definitely be different. tomorrow.  The main rule in gambling is don't be greedy and don't chase after returning your capital one day, let it all start again tomorrow. 
This is very correct, playing games out of boredom can sometimes be very irrational because you will definitely not make some logical picks because you are just doing it to keep yourself company or staying out of boredom and this is different when you allocate time to it.

You tend to gamble better with good picks because you have careful and intentionally put your time to it but when doing it out of a spare time to take away boredom, you.may be reckless with it because you may not put the whole of your mind to it, rather you will just make picks and expected luck more like you will be solely luck dependent but when it's done carefully you increase your chances of luck playing out well in your favour.
It is true that gambling losses can be easily avoided if one is careful in gambling. Because once a person becomes careless in gambling then he forgets everything luck is never the same again and again. If luck is good it is possible to win once but at that moment you have to keep yourself under control and rest for a while and try again later luck may favor you again. Being greedy never changes fate but puts it at risk be aware as well as changing your bet size based on whether you won or lost your previous bet before placing the bet. It is determined by whether you won or lost your previous bet.
Self-control protects against luck, but it doesnt eliminate gambling's risks. How come? Gambling is about probabilities, not luck or self-control.

Isnt changing bet sizes based on past results a gambler's fallacy? Each bet is independent of previous wins or losses. Can gamblers ever be "careful"? When does carefulness become overconfidence and avarice, which we're warned against? Doesnt gambling expertise involve understanding when to stop, not just how to start?