The truth is I haven't had a chance for a continuous winning streak where you could say it does happen to a player. I can get like x500 but next to that will probably be a losing streak. There's just only one way to escape it and that is to cash it out. Enjoy the profits and go back another day, pray that the system resets and you can have the same result when you come back.
Everyone probably has experienced a losing streak and a winning streak; it's a cycle that we should accept. The problem with most of us is that we lack discipline; we tend to be more aggressive to recover our losses faster. However, because of that careless strategy, it turns out we are losing more and more. In terms of probability, we might face a 50/50 or 48/52 situation, but we are not using it well because, when we lose our discipline, we forget to follow proper bankroll management.
Have you ever experienced being up in a session but, once you face a losing streak and feel down, you become aggressive and double your bets, ending up losing everything? That's us being undisciplined, and it's something we have to learn from and strive not to do again.
Experiencing both winning and losing streaks is just a natural cycle in gambling. You're spot on about the common pitfall of becoming too aggressive in trying to recover losses quickly. Instead of calmly assessing the situation and sticking to a sound strategy, many gamblers let emotions take over that leads to irrational decisions that exacerbate their financial losses. Your example of doubling bets in an attempt to recoup losses is a classic illustration of the dangers of undisciplined gambling behavior.
Proper bankroll management is crucial in mitigating the risks associated with gambling. This disciplined approach helps prevent impulsive decisions driven by emotions and allows for more rational decision-making, even during periods of adversity. Embracing discipline and adhering to proper bankroll management are essential components of responsible gambling. By doing so, individuals can navigate the inevitable ups and downs of gambling more effectively, ultimately enhancing their chances of long-term success and enjoyment in gambling.