Quote from: temple on Today at 01:47:26 PM

Quote from: ethereumhunter on Today at 08:18:47 AM

Quote from: temple on December 02, 2023, 03:35:12 PM

But sometimes I think it is also about exploiting momentum because let us take the example of poker and you have a damn lucky streak one evening playing cash game. Now because you have a lucky streak, you feel that everyone else at the table is tilting. You can notice because of the way they play. Should you now stop because you know you played bullshit but won ten showdowns in a row or should you now tighten up and keep playing solid poker?

I think this is an interesting question as well because sometimes it just feels like it is your day. Does it have to do with greed or with riding a momentum?

It is rare for a gambler to win ten fights in a row, even if it is only 3 wins. But if someone manages to win a gambling game 3 times, he should immediately end the gambling game because, in the next game, there is no guarantee that he will win again. If he can end his gambling game, he has acted wisely with his winnings and been careful with his money to avoid using too much money for gambling.

It had something to do with greed because he also took advantage of his winning momentum by telling himself that he was lucky to win the gambling game. He must have thought that while he had won several times, at least he could add another win in the next round. But as I said, there is no guarantee he can win again in the next round.

But I still don't get the idea why a specific moment to stop should be better than another moment for as long as I understand that gambling is a losing game if I only do it for a long enough period of time. Because maybe I do stop today, but what about tomorrow with my next session? 99.9999% of gamblers in the world don't stop gambling entirely and never touch it again when they had one lucky streak. That is the most unrealistic thing ever. Over time my lucky streak will turn into what it was supposed to be from the very beginning, a game that makes me lose money over a long period of time.

Well, it's OK that you used 99.9999 percent and not the word "all", because personally, I believe that it is very possible for a gambler to leave gambling and never try gambling again, ever, if he or she hits it big and manages to build a good business with the money.

Atleast, for a fact, I trust myself that, if luck locates me and I win up to a hundred thousand dollars from gambling tomorrow, I may never gamble again to be honest, except for what ever reason, I mismanaged the money, which is not possible at all, or that for what ever reason, my business isn't going well, which also Is not possible.

Overall, any gambler who is not addicted to gambling does have the potential and capability to quit gambling and never gamble again, but then, the need for more and more money will be the only reason why the gambler will keep coming back and back, over and over again.