💰 Martingale — a doubling bet
The strategy is simple: if you lose, you double your next bet. In theory, the first win should cover all past losses. But in practice, this strategy has two huge disadvantages.:
— Casino betting limits will not allow endless doubling.
— The budget may run out faster than the long-awaited winnings arrive.
💫 "Hot streak" or "Follow the luck"
Some players believe that if a slot machine starts making winnings, it means that it is "on the hot streak" and you need to keep playing. The problem is that the random number generators in the slots have no memory. Each new spin is independent, and no past successes affect future results. Believing in a "streak of luck" is like expecting that a coin flip after 10 heads in a row will definitely show tails. Spoiler alert: it won’t show.
🎲 Numbers in roulette: the trap of the "law of probability"
Players often use so-called "wait-and-see" strategies in roulette, keeping track of which numbers fell out or did not fall out. For example, someone believes that if red falls out 5 times in a row, the probability of black increases greatly. But roulette is a game of pure chance. The ball does not know about past spins and is not obligated to "return the balance". This illusion is known as the gambler’s fallacy.
💵 "My slot must win"
Another popular mistake is the belief that the machine "has to" pay out if it has not given winnings for a long time. In fact, all modern slots are powered by a random number generator (RNG). There are no "cyclograms " or timers for winning. The casino takes care of its profits through the RTP (Return to Player) mechanism, but this indicator is taken into account only at a distance of thousands and millions of spins.