Many irrational beliefs can be summoned to support continued gambling. A common myth is the gambler's misunderstanding of randomness. The gambler tries to make sense of a series of losses or attempts to see a pattern in the results of his/her wagers. Some other common myths are:
Ability to Influence the Outcome:
Gamblers begin to believe that wins were produced solely by their own efforts, rather than by the random operation of a gambling device or cards.
Magical Thinking:
The gambler comes to believe that wins have been produced by thinking a certain way or even hoping or wishing for a win.
Superstitions and Rituals:
Gamblers begin to believe that certain objects, ways of sitting or even articles of clothing may be helping or hindering their gambling wins.
Systems:
Gamblers believe that by learning a certain system of betting they can overcome the house advantage. This results in inevitable failure.
Personification of the Gambling Device:
The belief that a slot machine or VLT is deliberately punishing, rewarding, taunting or trying to make a player angry.
Near Miss Belief:
That belief that by "almost" winning the gambler was on to something of significance, justifying further tries.
Cold or Hot Machines:
The belief that if a VLT hasn't paid out for a while it wall pay out soon, or that if it has paid out recently, it is not due to pay out in the near future.
"Chasing" Beliefs:
The belief that money lost by gambling hasn't really been lost but can be recovered through further gambling. |