It's not what it seems. The real story behind hot streaks

Hot streaks: The real story behind hot streaks

The casino world within the heads of a lot of casino players isn't the world of casinos in the minds of people who are familiar with casinos, manage casinos and are often required to speak to customers who view the world of casinos in a totally different, and wrong way.

Use streaks as an illustration. Every casino game has streaks. Certain streaks favor the player , while certain streaks benefit the casino. Certain streaks are not favorable to either.

Today, many players believe that good streaks are a sign that things have gone well for them. This is exactly their assumptions. Take a look back at the past, notice the good times and then a player may correctly say"that "things were going well in my favor."

The casino could say this too.

Here is where a lot of (so many numerous) gamers can be found in a world of fantasy. They think that if everything went smoothly for them, then they are likely to continue to be good and they will be able to enjoy their lives in the coming days. They'll raise the stakes of their bets, or place bets on the same amount or combination that they've placed bets in the hope that "Oh yes, it's true that I am on in a hot streak!"

What are they basing on this optimism for the future? The games are exactly the same. The edge of the house on a the outcome of a decision (with blackjack and baccarat being the two only exceptions) will be the same. The player is likely to lose in the long term, and certain players may be able to win even on the short term.

The current streak isn't a clue about the future that the participant has. It's similar to reading tea leaves without leaves. We all understand, or ought to be aware of, how reading leaves of tea or without leaves is a meaningless exercise.

But, they will raise their bets after an impressive streak. They will also wish and pray that this winning streak will last.

Sometimes, great streaks of the player will last. Sometimes, the good streaks of players will be over. However, in the majority of cases the mathematical formula is in favor of casino , and any streak that is good for a player is not important.

If a player deposits more money or bets (or both) following a streaking time the player gives an additional amount of money for the house to bet on. This is because the house's edge would grind away at the more money while it grinds away at a smaller amount of money. It's usually the money of the player that is being ground, but seldom is it casino's funds.

Note What are the reasons blackjack and Baccarat considered exceptions to the rule above? They are, and they're not. Because these are games where the card that's just been played is not replayed and removed from the shoe or deck and the house edge is changed as players leave the game. Blackjack players are able to follow this trend and increase their bets when they are in favorable circumstances. Baccarat is a game where the variation on the home edge isn't significant and there is no way to make use from the card counting systems used in this game.

Edges and odds of Craps are not affected and unless the player is able to alter the roll of the dice by the throw of his or her hand the game remains in all senses stagnant. If there's nothing wrong with the wheel in roulette games, the edges and odds are stagnant. This is the case in card games like Pai Gow Poker, where the deck is only used once. There aren't any second deals for that deck, and the game is never changed.

Casino owners are aware of these facts. They're aware -- or ought to be aware that their games make money for their casinos, and does not make for the players. The flawed reasoning of players can only benefit the bottom line of casinos and is not a reason to be concerned about.

Then why do we believe what we do? It's got something to relate to Santa Claus. (Okay I'm fine, but I'll listen.)

Everyone wants to be part of a fairytale world where everyday occasions can be transformed into unforgettable moments. Santa Claus can travel the globe, delivering presents to the most jolly kids and women. His reindeer can fly , and they have one with a very red nose. Santa will be able to listen in on your daily life to ensure you've been a good young person.

Now, that's magic.

Sure, you could have been a nice person throughout the year, but when that massive earthquake strikes and swallows you along with your family members and the entire town it's any magical concepts in this. Nature, even the most brutal beautiful, and raw isn't magic. It is simply strong.

Math is also a mathematical concept. It's impervious. It is impossible to alter the house's edge through wishing and hoping. There must be something "off" in the game in order for a player to take control away from the house. It's not often.

The solution to our enchanting idealism is easy: wake up! Santa isn't coming around town ever, no matter if positive events happen to you, bad things happen to you , or there's nothing bad or good that occurs to you.

(Get the children away from the area now.)

There's no any such thing as Santa Claus. Santa Claus doesn't exist within the actual world, and there is no Santa Claus in the world of casinos. You're the only one in both.

All the best both in as well out of casinos!

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