Losing Streak After a Big Win

[johnnybagel]

It sounds psychological to me. Confirmation bias with maybe a bit of Frequency illusion/Baader-Meinhof phenomenon thrown in.
In other words, because you have convinced yourself of something you see evidence to back it up everywhere and ignore anything that goes against your belief.
There are a couple of books called Freakonomics that talk about this sort of thing, really interesting. Basically, we can't trust our brains.

 

[Kroffe]

It sounds psychological to me. Confirmation bias with maybe a bit of Frequency illusion/Baader-Meinhof phenomenon thrown in.
In other words, because you have convinced yourself of something you see evidence to back it up everywhere and ignore anything that goes against your belief.
There are a couple of books called Freakonomics that talk about this sort of thing, really interesting. Basically, we can't trust our brains.

Yeah, the brain likes to find patterns.
It likes it so much that it will make up patterns even if there are none.

 

[pinnit2014]

Yeah, the brain likes to find patterns.
It likes it so much that it will make up patterns even if there are none.

What you mean? This pattern clearly outlines the software code that prohibits more than two withdrawals in a week

 

[Slottery]

It took less then a half day for the casino to start blocking IP's abroad. So yeah appearantly its an advantage for me they dont want to give me.

Usually casinos block people who have missmatches in their ip-addresses. Funny it was you once again who came to conclusion that from some country ip you have better chance to win.... You don't see anything weird if player play from different country in every second session? There really are people who try to scam casinos by using false identities etc...

 

[Raman2202]

Honestly, if I counted the amount of money i've lost after getting a big win on slots then getting greedy i'd be depressed. Then again always look at the positive, if you deposited £1000 and could have withdrawn at £7000 but didn't till £4000 just look at it like you won £3000 not that you lost £3000. It's like being on a game show and getting a question wrong.