Post
Topic
Board Gambling discussion
Re: Logic of some gamblers against math
by
redsun114
on 14/12/2023, 19:41:31 UTC
Hi guys. Someone will explain to me why gamblers have such a strange logic: if a gambler has received a huge multiplier, then he will not withdraw this money. And he will continue to play, saying, "if I'm so lucky, I'll be lucky again now."
But according to the laws of mathematics, the chance of such luck becomes much less, doesn't it?
That's called a gambler's instinct, a gambler, when winning, thinks that they are going to win more, and when they are losing, they think that they are going to win in the next bet but that next bet never comes but they still don't lose hope. A gambler never leaves hope unless it's a responsible and sensible gambler who understands that they are just going to keep losing if they continue either after a winning streak/big win or if they are constantly losing their money in a game.

You can barely talk sense into such a gambler who doesn't listen to themselves because of the greed that darkens their mind once they start winning, they only start thinking of winning after that and can never think of the negative consequences of their actions or think of exiting while they are still in profit.