Post
Topic
Board Gambling discussion
Re: Illusion of control
by
Baofeng
on 07/10/2024, 21:49:56 UTC
It's just another phenomenon that gamblers often assumes that they have some control over the outcome of their bets especially if they have been doing it for a while even though every time is just purely random there's no skill involved. Take dice for an example we might assume that we can control and influence the result of it by throwing softer or harder or in anyway that our brain recognize a pattern and keep tells us it's a way to win the game. So let's discuss about it.

That's what we call, Gambler's fallacy.. Gamblers thought that there is a pattern that we, or we assume that we can see a pattern and so we are going to bet for example in baccarat game that Banker are going to win because it hit previously.

But we all know that in gambling, we are betting on the unknown, we don't know what will be the next flip on the card or what will be the number count in a dice in the next throw. And so we thought that gambling is not random, and that there is a pattern, but it truth, past outcomes will not dictate future outcomes.