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Gambling 🎰 and our brains 🧠

flyingillini

flyingillini

Joined
Jul 25, 2022
Messages
27,397
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Our brains tend to forget gambling losses quickly but remember wins for a long time due to a psychological phenomenon called "positive reinforcement" and "loss aversion bias." For example, imagine someone playing a slot machine. They might lose small amounts repeatedly, but when they hit a big jackpot, the excitement and dopamine rush create a strong, lasting memory. This win overshadows the numerous small losses, which the brain downplays to maintain a sense of optimism and encourage repeat behaviour. This selective memory helps keep people engaged in gambling despite overall losses.
 

thegeauxt

thegeauxt

Joined
Dec 19, 2024
Messages
100
the slot machine analogy rings so very true. I know my biggest hit. I had $5,500 in my Bodog acct. LSU was down to Tebow and Florida at the half. Bodog let me go all-in on Tigers in the second half. They sectioned the plays into 3 bets. -6, -6.5, and -7. Les Miles went for it on 4th down 5 times and LSU covered all. It was a glorious drunken celebration. All previous and subsequent losses never occurred in my mind
 
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quantumleap

quantumleap

Joined
Apr 10, 2022
Messages
4,823
I am the other way around. I remember bad beats from 20+ years ago...

(fukk you Dan Reeves for going for 2 after scoring a td in the Super Bowl vs Broncos to kill my over!!)
I'm like you. I still remember the LA Sparks game in 2003 where I had the under for the 2nd half. The game was already decided and some dumb b!tch decided to drain a 3 as time ran out to go over.

Then there's the time in 2007 when I had the over for a Chilean soccer game (Colo Colo) and it went over way early but someone threw a battery at an official before the 85' mark and the match was called. It was one of my biggest bets ever at that time.

I could go on and on but I won't.
 
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