C'mon you guys. You're missing the reason
most people lose. Its by far number one, top of the
list. You see it everytime time you play.

Complete ignorance of how the game you're playing works.
How many slot players have even the vaguest knowledge
of how a slot works? How many roulette players know what
they're up against playing roulette? How many BJ players
even know what variance is? Same with bac. People just
play and play till their money's gone, happy in their ignorance.

The casino counts on this. Well educated players is the last
thing they want.

I feel an inadequate bankroll is my main reason for losing--that and stupid mistakes.

On the "other" forum I am testing FlAtMaN's L v F system.  He claims it to be a winner and it may very well be.  On today's trot, one would need a bankroll of 342 units to win.  What if you had started with 300?

If you're playing a progression, how do you know when to quit?  If I had quit at down 300, I would missed a whopping profit a ways down the line. 

And I cannot forget the old "chickening out".  You're down 300 and you just feel it's a loser and you quit.  That is why I'm testing his system.  I want an idea of what bankroll you need--although that is like asking how long is a piece of string.

Sam

Number 4 on that list is the prime reason as far as I am concerned. Add to that what Sam said about bankroll.

One of the biggest mistakes I've seen is someone who comes to a casino with 100 units expecting to double it or more. And failing to quit with a profit playing too long is another absolute reason the casinos arent worrying.

Too much is made of the Martingale Used lightly it's a gem. Not the suicidal version where you try to outlive say a dozen reds showing.

Applied to a strong method like PB in a H.A.R fashion it will deliver. Played all day long it won't. Its THE APPLICATION of a money management strategy or style of play that's important.

And the inherant greed in most people is NUMERO UNO as to why most things fail. Roulette is beatable. But only if the RIGHT KIND OF MIND stands before it. Without that forget it.

Main reason of losses in gambling: betting.

Quote from: wannawin on December 04, 2012, 04:05:56 AM
Main reason of losses in gambling: betting.

Close. Its poor bet selection.