Post
Topic
Board Gambling discussion
Re: Recency bias
by
EluguHcman
on 17/06/2025, 12:51:23 UTC
They might not have watched certain important events so they end up only believing what they have witnessed from recently. If a team wins the latest match, fans might think they are already at the best form of their careers.
An extensive scenario is the sudden bumping in of newbies after learning about some basic terms about crypto trading, the next phase is to dive into the market, places trades unconsciously out of ignorant and without undermining the risks and the trading barrier factors and then, then end up loosing. While consistent learning would give them better formations to achieve their goal successfully.

Here in gambling, some overexcited folks would think because they have just had an experience in one time event probably one of the sport games and then think they have been able to identify winning streaks. And then may likely place some bet without a adhering to the basic factors of self control.

Some are though lucky to win on their first but on a regular bets where they tend to loose as much regular becomes a false alarming to them. Such are ones that says gambling Is a scam because they think it is easy to win continuously without knowing it is mostly about luck which long term experience players has not even been able to maintain such craving continues success.