Top 3 Gamblers’ Mistakes. Get To Know Them And Avoid Them!
When playing, you can make a lot of mistakes, like betting money you need for other things, doing it under the influence of alcohol, or even getting into a game table without having any idea of what the game itself is about. However, according to Adam Kucharski (the United States, 1986), mathematician, epidemiologist, and writer, there are three mistakes that most gamblers make. We tell you what they are so you can avoid them at all costs.
Favorite-long-shot bias (Favorite improbable bias)
It refers to betting your เกมส์ สล็อต ออนไลน์money on which you suppose will be the winner because it offers large profits (being the least favorite). According to Adam Kucharski, what happens is that “people tend to focus on the surprising and overestimate the possibilities of unlikely events” and sets the example of horse racing. Some people may believe that it is a great idea to bet on the horse with fewer probabilities (due to the large prize they offer) because they believe that it will have a lucky break, but the truth is that it is very difficult for this to happen.
In soccer, for example, if Chivas had a odds of +580, it would mean that you would win 580 pesos for every 100 you bet. Although this would obviously be an excellent wine, the reality is that if a team has these odds, it is because it has less chance of winning. Perhaps the bettor knows this deep down, but still expects something unexpected or surprising to happen that will lead that team to win.
It should be mentioned that this error is very common among fans. In other words, if a bettor goes to the Pumas, he will continue betting on his team despite being in the last places in the table. If this is your case, our advice is to be 100% fan of your team in everything except betting. Do them with a cool head and bet on what suits you best.
Monte Carlo Fallacy (Monte Carlo Fallacy)
As common in the casino as in life. Remember when you answered “b” instead of “c” on a test just because you had already put “c” many times? Well, more or less, this is the Monte Carlo fallacy, and it happens mainly when you bet on roulette. When black appears two or more times in a row in said game, players tend to bet on red because, in their logic, this is what should happen because black has already come out several times. According to Adam Kucharski, the odds of the next color being black or red are actually not that relevant, as a result, will ultimately depend entirely on chance.
Gambler’s Ruin (Gambler’s Ruin)
This is probably one of the most common mistakes among bettors. It consists in that, as the profits increase, so make the bets. In other words, if a player wins, for example, 2,000 pesos, instead of withdrawing with his money, he begins to make bigger bets because he believes he can win even more. However, this does not happen as often, so the bettor tends to lose much of what he had won (if not all).