Quote from: TheUltraElite on Today at 03:39:20 PM

Quote from: |MINER| on July 16, 2025, 07:40:38 PM

Even many times we have seen many people use only one strategy when gambling, and that strategy is the strategy of limiting your losses in gambling. To be more specific, the strategy of setting a specific amount before gambling will only be useful in gambling to control our losses.

Actually is it our bias that if we change this and that and some tweaks we will win big and then when we use that either we win or lose - if we have won, then we think that our strategy is full-proof, when in reality it was just our luck.

Over time that person will keep on using that "strategy" to play but now when their luck runs out they will start losing money but that false confidence will force them to play more and keep on losing more and more.

Hence gambling is that only, you dont make strategies to win, you have to quit to win.

Skills that will help us win are only in games like poker or blackjack, where professionals can win, and only if they don't go on a downswing. But they have to follow certain rules, almost like robots that don't make mistakes, and very few players can do that. I tried to do it, but it was so difficult for me that I gave up on the idea in time. Now I prefer to play only hoping for luck in sports betting, but at least getting adrenaline and excitement while watching the match. Of course, I almost completely depend on luck, but at least I limit myself in spending and do it easily. In any case, I have lost more than I won so far, but maybe this will change, although I do not have unnecessary illusions and understand that there is no need to prove your case in the game, otherwise you can lose even more.