Quote from: Nwada001 on December 14, 2023, 10:16:32 PM

Quote from: imthegreat on December 12, 2023, 04:02:18 PM

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?

I see this as a common behaviour by gamblers who are just blinded by greed. If you win a game and you have made a large profit, the first thing that's needed for you to do is to withdraw more than half of the money down to your wallet or account, whichever one you like making use of, and then if you still need to lay, you can leave a small amount of that money in there that you can use to try luck back.

But it will be very foolish of the person if they think that the same luck that made them win the first time will continue again to the next game, as that might only lead them to losing everything they have won from the first game. If they don't apply wisdom, the casino will never say they won't take back what they have given to you; in fact, that's what they even want from you to continue losing.

Your approach is good and can save a lot of gamblers, but if they are truly in for the game, I don't see a reason why they should be often quick to withdraw their profits simply because they gained. What I expect from every gambler is to have their budgets and plans around their calculative way of playing their games. Discipline and determination are also needed here. It would be very unwise for you to believe that withdrawing some part of the money has totally prevented you from making mistakes of overplaying. I have seen cases where the gambler will win and withdraw almost the money in the account, but this same person will still come back again to play more, and after losing the little money left, they keep depositing more money and also paying transaction fees. Why not keep the money there and save yourself the stress?

So, there is no perfect way to go about gambling, but for gamblers to know what they are doing and ensure that they are not addicted or acting based on emotions. The best in gambling is for us to, even before starting, know what it takes to be a responsible gambler and to also know what to do that will help us and what to do that will affect us negatively. To crown it all, a very good managerial approach to gambling might be the way out in this regard and that entails the management of the account of the gambler and also the management of his psychology as well. They should be enough to stabilize the issue and make sure that the gambler does as they plan to do, which is why planning beforehand is very important in this regard.