Post
Topic
Board Gambling discussion
Re: Do you fix their erroneous gambling thinking or you let them be?
by
Porfirii
on 24/04/2025, 17:40:29 UTC
When I discuss the wide range of gambling and betting with friends who are not on the forum, I often notice their flawed thinking. If it were just once, I would not have given it a thought but when their flawed thinking about gambling comes up over and over again it makes me torn between wanting to help them change the way they think or just leaving them to continue with such thinking until some major gambling experience happens and changes it for them. Some type of this flawed thinking is borrowing money from loan apps to gamble thinking that when they win they will pay back the loan and its interest and keep the rest for themselves. They call this gambling, with other people's money. Another flawed thinking is their belief that paid between groups will make them become millionaires faster than if they are not in the paid group. There are others like this.

I have been in such situations in the past and I've always trie to explain them their flawed thinking. I don't usually talk about my gambling habits, the fact that I've read about the matter, or that I write in this forum and/or in this section, and I've almost always felt that my advice were never welcome.

I remember talking with a friend of mine who is a scientist, about a fact as simple as that, once a coin (for example) has been flipped, the probability resets for the next flip, and that it is not the same to calculate the probabilities on beforehand than afterwards. I mean, he kept thinking that the probability of getting tails 10 consecutive times (roughly 0.001) and the one of getting tails once again when you already got 9 tails (0.5) was the same!

I eventually let them be, but never before I despair. Don't let it be said that at least I don't try.