Post
Topic
Board Gambling discussion
Re: Illusion of control
by
o48o
on 30/08/2025, 18:44:57 UTC
What really makes a gambler lose? Is it greed? Well it is the illusion of control. Illusion of control leads to continued gambling and the more a gambler plays the more the casinos win, right? As a gambler, you should be able to identify these illusions so you can at least get a hold of yourself.

We often think, deep down, that we can control how we win. No matter how many proof we are presented with that the casino always wins we always think that we can overthrow this theory that applies to everyone. Then it gets justified when we actually win so we will continue playing thinking we can actually decide when to win.

If you get statistical and logical, you will remove these thoughts and you will not become overconfident or superstitious.
Well i disagree. Illusion of control doesn't make us lose, it just makes us blind for the fact that games are designed to profit the host in the long run. Calculations are slightly against the gambler, and that's why gamblers eventually lose (unless they are "lucky" and win against odds).

There's no amount of removing some superstitious thoughts that would make you magically win more. It's pure maths you are against to, and if you are insanely lucky to win huge amount, you are that statistical anomaly that fits in the probability, but it's very unlikely. How irrationally or rationality you play, doesn't really play a role in that.