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Economy => Gambling discussion => Topic started by: KiaKia on November 17, 2023, 09:19:39 AM



Title: Math and Gambling
Post by: KiaKia on November 17, 2023, 09:19:39 AM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?


Title: Re: Math and Gambling
Post by: swogerino on November 17, 2023, 09:26:20 AM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

I am not 100% sure but there was a professor of math who used to win the lottery once and people thought he is a genius,he couldn't win it a second time so most likely it was pure luck that coincided with his thinking and algorithms at that time.In Poker you can win if you are good at math and focusing on counting every card rather than try to find other people thinking by reading their faces and expression,you have to be good at it,have a huge amount of patience like this Chris Ferguson guy and you can win,I would not be that much surprised,unfortunately very few people own such skills.

As for school when I graduated and got to my first job I found nothing from school was to be used there,so it is 100% theory the school just to give you some education.


Title: Re: Math and Gambling
Post by: Cantsay on November 17, 2023, 09:35:50 AM


School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

Before I began gambling, there were some YouTube videos that do pop up occasionally and I can still remember vividly that one was titled “a man was banned from gambling after winning with his mathematical strategy” or something similar to this; although I never played them since I’m no maths genius and if I should play the videos I won’t understand shit about what they are talking about, but one question still bother me, these so called maths genius have they never lost a game since they started gambling? Is their maths strategy a flawless one? It could be as what the post above mine said and it was just luck that their analysis worked and people linked it to their maths skills.



Title: Re: Math and Gambling
Post by: xLays on November 17, 2023, 09:36:14 AM
.............
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
Always remember that luck also matters in gambling but using betting strategies and math can improve your chances of winning the game. In games like poker math probabilities and game theory. Regarding the value of school some disagree, but skills from subjects like math can unexpectedly help even in gambling.


Title: Re: Math and Gambling
Post by: Hirose UK on November 17, 2023, 09:48:38 AM
It is true that using mathematics in gambling can result in more wins but it is the same as what you said in poker or other games of skill.
In games that have basic or skill basis, calculations can be very useful for creating playing strategies because on card there are definite numbers, even though the distribution is random, you can use good calculations to make the card into the largest combination of numbers.
Whatever numbers on the cards you get, if you can process them to make them better that means you have chance of winning.
Only those with skill and intelligence can use mathematics in the game of poker because I have seen that not all gamblers succeed in doing so.

We can learn and use these two professional gamblers as motivation to be more enthusiastic in studying and honing mathematical skills to create effective playing strategies.
But my advice is still don't be thinking produces about making money first because we still need experience.


Title: Re: Math and Gambling
Post by: Nheer on November 17, 2023, 10:02:43 AM
I don’t know if i can believe that gambling is not a thing of luck because if it was all about maths then we should have more numbers of people who are good in maths make money from gambling after knowing that this Chris Ferguson uses maths to win in gambling. There are lots of good mathematicians all over the world and we only have few making it big in gambling what are the rest using their maths knowledge for? I am not disputing your claims but i still think luck plays more role in his wins than his maths knowledge or probably he is a naturally gifted gambler. Though Maths knowledge and careful calculations and analysis will help improve your chances of winning so having deep maths knowledge can go hand in hand with gambling.


Title: Re: Math and Gambling
Post by: masulum on November 17, 2023, 10:28:39 AM
He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.


I am not a mathematician, but it would be interesting for me, if there someone can solve the mathematical formula to win the game of poker. Because, the chance of being right when making a decision will be very difficult. It's like, we already have a card that has the potential to be a straight, but before the dealer takes out the card, he should do a mathematical calculation first before betting a large amount.


Title: Re: Math and Gambling
Post by: Eternad on November 17, 2023, 10:36:59 AM
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

This is only applicable on games like Poker, Blackjack(Standard Deck and Sports book which the result can calculated through probability which you can use to your advantage. Most of the guy that you mention excel on poker which means they are relying on dominating other people instead of the house.

But the regular gambling games offer by the casino is based on pure luck which this skills in math is not an advantage. Also even skill based game like poker, there’s no guarantee for profit even if you are good on math because there’s always someone that is much better to you.


Title: Re: Math and Gambling
Post by: btc_angela on November 17, 2023, 10:46:46 AM
.............
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
Always remember that luck also matters in gambling but using betting strategies and math can improve your chances of winning the game. In games like poker math probabilities and game theory. Regarding the value of school some disagree, but skills from subjects like math can unexpectedly help even in gambling.

Yes, still boils down on luck, as far as I know for Chris Ferguson, he always didn't win those Pokers games, but he will be in the top 5 and won some dollars. It is said that he might have created his own simulation program.

But still though, not a guarantee but definitely he has some advantage on it being a computer and math wizard. But it takes a lot and most of the time if everything is not going for you, it just a matter of luck and everything will suddenly goes your way.


Title: Re: Math and Gambling
Post by: Ruttoshi on November 17, 2023, 10:59:04 AM
I don't think that only maths did it all but luck did the played a greater part, this is because games like slot and dice that don't need calculations how will we use maths on them. Any gambler that won big must have loss several times but nobody will notice their loss, because humans are only after success.

If you only understand maths and you are playin with a skillful poker player, he will win you when luck his on his side. Lets not get deceived that gambling is not based on luck, if not a lot of people would have taken gambling as their source of income and they will not be disappointed. However, this is not so and that is why you see a lot of people are losing to gamble and only few people that are lucky win big once in a while because gambling is either you win or lose.



Title: Re: Math and Gambling
Post by: adultcrypto on November 17, 2023, 11:13:37 AM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.
It would have been great if you had given us a clue of how to apply maths in gambling. Then we can have something to work with because we all work something that works. I have always known that someone can developed a system that can give him edge in gambling, that's exactly what these guys did.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
I don't think I agree with you in this very aspect that school is not important. School is very important because without school you might not even be in thus forum because you may not have learnt how to read and write and also interact in a forum like this.  Also there are many successful people who achieved their target by applying what they learnt in school. Some were even recruited upon graduation. School is very important and we should not try to downplay it.


Title: Re: Math and Gambling
Post by: danherbias07 on November 17, 2023, 11:15:18 AM
Poker is a combined skill base and luck in my opinion and that never changed as I watched more poker players play. It's true that Math can help out in that game but there's still a chance it won't go your way since you don't also see the other players cards. Players who are good at bluffing can make you think that their card is as good as what their wager or that it's just a bluff. It's a mind game too so I doubt a professor of Math could easily win this game.
One of the reasons why many actors are also good at this game. Poker faces. They don't need Math but they can always just fake it like what they do in Hollywood. :D
I think Math does help with probabilities but it does change when the flop comes out or until the river. That's why those with AA like to end the round as soon as possible before someone gets something on the flop. Again, that will rely on luck and even those who fold might have gotten a good hand if they stayed.

Oh and please, school is important. You won't be writing like this if it ain't for school.


Title: Re: Math and Gambling
Post by: retreat on November 17, 2023, 11:33:28 AM
I don't think that mathematics is related to gambling, because if it is related today we have seen that many genius mathematicians gamble and win in casinos, but unfortunately so far there are none. So gambling is still related to luck and skill, mathematics is only the umpteenth factor, not the biggest factor.


Title: Re: Math and Gambling
Post by: RockBell on November 17, 2023, 12:11:39 PM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
I can really remember a post I saw when the person was saying that gambling is about a stroke of skill luck is not needed and I made it clear to him that if that is the case then there won't be any loss since the bettor is hosting his gambling skill and we can not argue the fact that skill is not needed but both of them are ingredient both skill and luck that is gambling for you and there will be circumstances you did not even plan for and you will win, that is when luck is coming in and skill could not speak for you because even after the whole calculation you still lost the ticket.

winning millions with math nothing surprises me anymore net worth of 20 and all gotten from gambling, wow that's impressive and some people are lucky with gambling and solving winning is such a great talent and most prominent people are also betting with huge amounts of money even from games. if not now am also surprised about skill, but I still believe in luck does that play lottery and pick random numbers and still win will you say that is skill?


Title: Re: Math and Gambling
Post by: wallet4bitcoin on November 17, 2023, 12:20:55 PM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?


Everything works based on a formula pr a principle. Often times, those principles and formula not often known or seem are the foundation of successful businesses.

People avoid dirty places and in reality, gold is not gotten from clean places, neither is Hydrocarbon. So the few that dare to adventure that part always sees a tremendously great reward.

Liken it to the gambling space, these industries functions in the same similitude. The few that apply the formula of the first principle (according to Elon Musk) tends to unearth the very core of the business and then they make a fortune out of it. You can see what capacity the first principles delivers on when you look beyond gambling. It's a natural phenomenon.


Title: Re: Math and Gambling
Post by: Assface16678 on November 17, 2023, 12:24:00 PM
I don't think that mathematics is related to gambling, because if it is related today we have seen that many genius mathematicians gamble and win in casinos, but unfortunately so far there are none. So gambling is still related to luck and skill, mathematics is only the umpteenth factor, not the biggest factor.
Yes, gambling is luck and skill, but of course don't ignore the fact that all things have a relation to math. Many gambling games relate to what we call "probability", which is the measure of the expectation that an event will occur or a statement is true. In gambling, something might occur, like you being a winner. For example, in the lottery, there is a certain probability or computation where you can get the right numbers, but of course it's too low. Still,  math can measure that. Slots are programmed to randomly give the jackbot, but of course there is still a probability for you to get the jackpot. You need to consider how many symbols there are and the series of combinations before you can hit the jackpot.

Although there's probability or math in gambling, it is still not enough for you to win. Why? Because gambling is a complex and unpredictable thing, it requires more than just skills and luck—skills to think about when to play or how to play—and a certain probability that will give you a win. It's not just about luck and skill; there are a lot of important factors to win in a gambling game.


Title: Re: Math and Gambling
Post by: fzkto on November 17, 2023, 12:29:18 PM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
People like that are called geniuses. Even if they tried to teach this strategy to other people, it seems to me that only a few would be able to repeat their success. It is important not only to know maths, but also to use this knowledge competently in gambling. This requires special skills.


Title: Re: Math and Gambling
Post by: Solosanz on November 17, 2023, 12:34:49 PM
Using math, you can only calculate the percentage of probability you can get a good card, you have no way to guess which card your opponent have. If it's played in physical casino, I guess you also need to understand about psychology since you could know how big or small the probability you can win by looking at their gesture, expression and other thing that can help you to guess them.


Title: Re: Math and Gambling
Post by: Wexnident on November 17, 2023, 12:47:03 PM
~
School at most taught you foundation. I highly doubt whatever they were taught at school was what enabled them to use math, however, it works, to be able to reach millions in winnings. Do you have any info on what they were before winning? I highly doubt they were some random dude with no asset to their name or family. They at least started with something, compared to your usual average person. Even if they studied really, cause to be fair, there are a LOT of people who are mathematicians out there, probably a lot better than people you've indicated. But they haven't really been winners in gamblings no?

There's still a case-by-case basis here though. Knowing it or not knowing it doesn't really matter imo, as you'd still need some factors of luck. And is kind of dumb to rely on that "4%", wherever you got that really.


Title: Re: Math and Gambling
Post by: piebeyb on November 17, 2023, 12:53:24 PM
I think it's possible to be able to read cards that will come and go because the game of poker makes a lot of sense, as far as I know, it can be predicted from calculations and you can use mathematical methods, but keep in mind that this method can be used against other people in a kind of PVP game. not against the machine, because basically even though we are good at mathematics, don't expect to beat the machine because the machine cannot be beaten.

I have tried many strategies, even with mathematical calculations that I know, playing games like dice or something like that doesn't produce results and indeed it won't work when using it against a machine because gambling machines are used to beat the user and win to get money from the game. One more thing, mathematicians also need luck to be able to win at gambling.  ;D


Title: Re: Math and Gambling
Post by: Unbunplease on November 17, 2023, 12:56:00 PM
I've played poker many times. Of course, knowledge of math and probability theory is of great importance here. You also need a good memory to memorize the cards. and you need to be able to bluff and hide your emotions - you can't do without it. this is the rules for good players


Title: Re: Math and Gambling
Post by: Mr. Magkaisa on November 17, 2023, 01:30:20 PM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

      -  It seems that what you said is true, because I watched an English movie where a retired old man tried to bet on the lottery, and after betting a few times, he found a leak in the lottery betting. ticket given to him when betting.

Then I saw on the show that he was doing a math computation where he knew what number would come out, so what he was doing was buying a ticket in bulk. Even if he spent a lot on the ticket, he was getting it back because the calculation that was being done was correct, until he formed a group in their community to help them financially. But I'm not really sure if that's true in real life; it seems like the only people who know that are the masters of mathematics.


Title: Re: Math and Gambling
Post by: Blitzboy on November 17, 2023, 02:46:14 PM
Interesting, isnt it? Combining math with gambling truly opens up a whole new realm of ability and tactic. James Simons and Chris Ferguson deserve recognition for their achievements.

To be sure, there are other factors that contribute to their success outside math; these include rapid thinking, astute execution, and knowledge application.  Although they may not be taught in the classroom, the practical skills we need to thrive in life do create a strong foundation. Do you not frequently discover that the 4% you mention is the piece of the success puzzle that is missing? Similar to gambling, the secret to success is not always to hold the best hand, but rather to know how to play the ones you do have.

These gamblers deserve our respect not only for their winnings but also for demonstrating that exceptional results can be achieved with specialized expertise. Our powers might alter the game in ways we cant even begin to anticipate if we have the proper training and a little imagination.


Title: Re: Math and Gambling
Post by: slapper on November 17, 2023, 02:56:54 PM
Do you agree that it's fascinating? How math changes gambling from a game of chance to a game of strategy is shown below. Your admiration for Ferguson and Simons' work is well-founded. These people's stories do show how important math is in gambling. Although, it's important to remember that these are rare instances. Like Ferguson and Simons, thousands of people bet without winning. Their mathematics skill is not common, it's very rare. Surprisingly, the lesson isn't really about gambling. Utilizing specific skills in surprising ways is what it's all about. Although math is very useful, it's not a surefire way to win the lottery. What matters more is how you artistically and strategically use what you know. How about that school isn't important thing? You learn more from what you do and how you do it than from where you go


Title: Re: Math and Gambling
Post by: gabbie2010 on November 17, 2023, 03:00:51 PM
 It's not only in gambling that math is required to improve chances of winning in forex trading most of the indicators are based on calculation, in gambling we have martingale method of gambling though not recommended but it had worked for a lot of gamblers to recover their losses, so also in soccer or football some analysis requires calculations on previous matches data and statistics so as to be able to predict the outcome of the next probabilities, guessing the outcome of matches has been a thing of the past, with latest technology many predictions is now subjected to some mathematical model thus the importance of math in gambling is of a great importance.


Title: Re: Math and Gambling
Post by: yudi09 on November 17, 2023, 03:06:41 PM
-snip-

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
Sounds like I'm reading a novel. OP, but I like this topic linking gambling to mathematics.
Gambling is not just about luck but skill. Remember, 1% skill 99% luck or 99% skill 1% luck.
The gambling games we have played so far have never experienced events like many of the scenes created in classical dramas. He came with little capital, but because of his skill in playing, he left with a lot of money. On his way home he was shot by a subordinate who lost gambling with him.
But we haven't found it in gambling at this time.

School only teaches theory and is recognized by institutions that we are people who have gone to school. Learning theory doesn't have to be at school if the goal is to make money.
This world is complete with various theories if you are willing to study them through 'natural selection'.


Title: Re: Math and Gambling
Post by: uneng on November 17, 2023, 03:17:26 PM
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
I won't say about poker, because I'm not literate on this game, so I really don't know if this information is legit or if the method is even possible to be practiced for real, but if the method was exclusively aimed to work with poker, then you should name this thread "Math and poker", because at other gambling games, math and probabilities are always against you on long term, therefore it's not possible to develop any winning method or strategy to change this basic natural element of gambling games.

Even though much of school's content prooves to be useless futurely, it's still the assurance of a profession and superior skills and knowledge you will have towards others in your community, increasing the probabilities you will get a better and higher paying job. As you can see, Mathematics, probabilities can also help you achieve a solid career and quality of life outside gambling matter... So, don't neglect it.


Title: Re: Math and Gambling
Post by: coin-investor on November 17, 2023, 03:32:42 PM


School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
This is alarming for people who value education, and for institutions that promote education as the key to success, I hope those who have this opinion are small and of the minority, education is everything we don't want a generation of uneducated it will stop progress and besides where do you think you learn math is it from the guidance of teachers.
Education is very important not because a handful of people succeed even though they lack the education we can conclude that school is not important, you cannot work without a certificate that you've gone through a school and the certificate is proof that you are capable of the work you are applying.
Education is our preparation for the adventures we are going on when we are on our own so don't belittle it.


Title: Re: Math and Gambling
Post by: freedomgo on November 17, 2023, 03:36:04 PM
To be a winner in gambling, you gotta have certain skills. When I say "successful," I mean raking in a good amount of cash. These skills include being sharp with math and knowing how to keep your cool because if you nail both, making money in gambling isn't some far fetched dream. And yeah, you don't have to hit the books for a stable job since making money through gambling could be the easiest job for you.

Honestly, I don't personally know anyone who made a fortune gambling, but I've heard stories that make me believe it's doable. So, I'm not giving up hope that one day I might hit that success jackpot like a few others. Those names you mentioned? I might just check them out because I know they'll give me that extra boost toward my goal.


Title: Re: Math and Gambling
Post by: Eternad on November 17, 2023, 03:51:34 PM
Do you agree that it's fascinating? How math changes gambling from a game of chance to a game of strategy is shown below. Your admiration for Ferguson and Simons' work is well-founded. These people's stories do show how important math is in gambling. Although, it's important to remember that these are rare instances. Like Ferguson and Simons, thousands of people bet without winning. Their mathematics skill is not common, it's very rare. Surprisingly, the lesson isn't really about gambling. Utilizing specific skills in surprising ways is what it's all about.

Math only helps you to determine your winning chance rate but that doesn't mean it will secure profit for you just because you knew your percentage of winning except for a 100% win rate in poker. But everything is still a gamble no matter how high your winning probability. Other skills still contributes a lot of factor on success because it can increase your chance of winning aside from the computed probability since other player mind is your enemy here.

Quote
it's not a surefire way to win the lottery.
We are talking about poker game here

Quote
What matters more is how you artistically and strategically use what you know. How about that school isn't important thing? You learn more from what you do and how you do it than from where you go

Yeah, This is what they call the execution. A good execution can beat winning hand by tricking that he has the better hand.


Title: Re: Math and Gambling
Post by: DaNNy001 on November 17, 2023, 04:14:45 PM
.............
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
Always remember that luck also matters in gambling but using betting strategies and math can improve your chances of winning the game. In games like poker math probabilities and game theory. Regarding the value of school some disagree, but skills from subjects like math can unexpectedly help even in gambling.
Well everyone has their logic with their gambling hobby, as for me gambling is strictly based on luck because I don't  see and believe that strategy and maths can help you, well thats my own perception to it as I believe everyone has their own personal opinion to the way they play and enjoy their gambling. Gambling for me is just based on how luck decides to be on your side because even the best forecast of some specific game can disappoint you at the end result and I have seen lots of these, it's even worse as people tend to increase stake amount due to the believe that they have on the specific game.


Title: Re: Math and Gambling
Post by: rachael9385 on November 17, 2023, 04:21:53 PM
I strongly believe that math is one of the most strategies hackers do use when trying to hack into someones account because maths involved coding (just the way I understand it) but talking about using the maths strategy in gamble, I have thought about that before because I know that gamble is all about luck and not a skill, why? Because even if a gambler knows the whole odds he or she will still lose when the luck is gone.
But if this works then it's good,


Title: Re: Math and Gambling
Post by: bitzizzix on November 17, 2023, 04:43:52 PM
In fact mathematics always plays a role in gambling, good gamblers don't just rely on luck because mathematics can create opportunities to win consistently.
And most gamblers use mathematics to calculate the odds of winning and money management to maximize wins and minimize losses. And it's not that gamblers who play without math won't win. They will definitely get lucky, but they will likely lose more than they win. And those who use mathematics will win more than they will lose, but still the house will always win over those who play without mathematics, self-control and also chasing losses.


Title: Re: Math and Gambling
Post by: Rruchi man on November 17, 2023, 04:56:43 PM
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
Mathematicians like to believe that mathematics applies to everything, and you cannot say that they are wrong. Mathematics applies in nature, business, and many other aspect of life.

If a successful gambler believes that they were able to win by using strategies formed from mathematical principles, that is good and their testimony. It is not only mathematicians who have won big from gambling, so mathematical strategies are not only the efficient strategy.


Title: Re: Math and Gambling
Post by: Shamm on November 17, 2023, 04:58:53 PM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

I am not 100% sure but there was a professor of math who used to win the lottery once and people thought he is a genius,he couldn't win it a second time so most likely it was pure luck that coincided with his thinking and algorithms at that time.In Poker you can win if you are good at math and focusing on counting every card rather than try to find other people thinking by reading their faces and expression,you have to be good at it,have a huge amount of patience like this Chris Ferguson guy and you can win,I would not be that much surprised,unfortunately very few people own such skills.

As for school when I graduated and got to my first job I found nothing from school was to be used there,so it is 100% theory the school just to give you some education.
Gambling world is like a school.

School teaches the basic but we face it hardly and our mind struggling to solve those equation given by our professor. But we must always remember the through journey is in the real world and luck is the best thing that we must have in order to pass the trials. Like in gambling worlds luck matters so if we are lucky enough then we will win a good amount of money.  Also in poker game experience and knowledge is very important in order to win.


Title: Re: Math and Gambling
Post by: Zlantann on November 17, 2023, 05:05:20 PM
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
I read that Maths will be beneficial when calculating odds and could help in games like blackjack and poker. But I know many good gamblers who are illiterate which means they don't have much need for advanced maths because the basics are okay. Just as other members have indicated, gambling is more of time and chance (luck). I am not a good mathematician so I have not experienced the positive effect of maths knowledge on gambling.

I don't know the research that validates this notion that the majority of what is taught in schools is not relevant. This belief is popular among youths and they use it as an excuse to engage in diverse criminal activities. Some of them even use it as the reason why they became truants and school dropouts. Many nations practice functional education that contributes immensely to the development of the nation and the world at large.


Title: Re: Math and Gambling
Post by: Litzki1990 on November 17, 2023, 05:20:36 PM
Gambling usually requires various calculations and those calculations usually come from mathematics. The better we understand mathematics, the better we can calculate. A combination of luck gambling skills and calculation usually makes a gambler decide on gambling. You mentioned for example a person whose gambling skills might not match our gambling skills. Without doing too much mathematical calculations, I usually calculate how the players of the two teams are or how the performances of the two teams are likely to be. I've had a lot of success with this gambling skill and I've made sure to gamble on this skill. I don't feel the need to use complicated techniques if I get success using simple techniques.


Title: Re: Math and Gambling
Post by: Findingnemo on November 17, 2023, 05:27:25 PM
If this is true then maths professors and experts will be driving their lambos now so it isn't like that but yes it is possible to use math in blackjack like games which is definitely not possible to do with math skills but only if you have a photographic memory and for your information that is illegal and if you found to be practicing counting cards then you will be banned from playing.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

How many people became rich from gambling?

You may see a lot of rich people in casinos but it's for their entertainment and they never saw gambling as a way to become rich.


Title: Re: Math and Gambling
Post by: BIT-BENDER on November 17, 2023, 05:29:20 PM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,
It's either he is a scam or plays tricks on the gaming board, but about using maths to win millions in poker game That's almost an inexistence strategy, I have seen or read about some good gamblers who has had great success from gambling but none of them attributes their success to maths rather it's all about focus and discipline being able to not get greedy and have a target.


Title: Re: Math and Gambling
Post by: Yatsan on November 17, 2023, 05:31:17 PM
I've played poker many times. Of course, knowledge of math and probability theory is of great importance here. You also need a good memory to memorize the cards. and you need to be able to bluff and hide your emotions - you can't do without it. this is the rules for good players
Aside from memorization, card counting, and simple mathematical operations to determine the best cards, there’s nothing more of its application with gambling games. Algorithm on the other hand indeed works but is something complicated and will not be understood by ‘normal’ players. Also it does not work to most of the gambling games except card games. Luck is still a better determinant of the result more than patterns created without any firm evidence. These two concepts could be related with the other but nothing will definitely determine a winning outcome. Gambling itself is a tournament of luck and no matter how good your analysis is, if you’re not lucky on that day, then expect less from losing.


Title: Re: Math and Gambling
Post by: bettercrypto on November 17, 2023, 05:35:42 PM
.............
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
Always remember that luck also matters in gambling but using betting strategies and math can improve your chances of winning the game. In games like poker math probabilities and game theory. Regarding the value of school some disagree, but skills from subjects like math can unexpectedly help even in gambling.
Well everyone has their logic with their gambling hobby, as for me gambling is strictly based on luck because I don't  see and believe that strategy and maths can help you, well thats my own perception to it as I believe everyone has their own personal opinion to the way they play and enjoy their gambling. Gambling for me is just based on how luck decides to be on your side because even the best forecast of some specific game can disappoint you at the end result and I have seen lots of these, it's even worse as people tend to increase stake amount due to the believe that they have on the specific game.

We all have our own assumptions in this forum debate. What I see there is that some people will agree with us, while others will disagree.
Even if the replies are exchanged in this manner, we are having a constructive discussion about the topic proposed by the author. But, in my perspective, that is what cheaters and gamblers do.

Gambling world is like a school.

School teaches the basic but we face it hardly and our mind struggling to solve those equation given by our professor. But we must always remember the through journey is in the real world and luck is the best thing that we must have in order to pass the trials. Like in gambling worlds luck matters so if we are lucky enough then we will win a good amount of money.  Also in poker game experience and knowledge is very important in order to win.

In school, you were really compared to gambling. Anyway, most gamblers are really dependent on luck, as if it's easy money for them; you just bet or choose where you just guess if you'll win when you place a bet.


Title: Re: Math and Gambling
Post by: ethereumhunter on November 17, 2023, 05:59:30 PM
I'm not good at math, so that may be why I can't win as much as some people. But I guess it's not like that because gambling is not that simple. Maybe there are other things involved in gambling and maybe gambling uses mathematics but we don't know for sure which ones. Or maybe math is used for some gambling games that require skill so if he is very good at math, he might be able to win a lot at that game. Well, maybe you're right. Maybe you are wrong too. But what about luck? That can't be calculated using mathematics, right? We can only wait for luck to come. But mathematics is also used to calculate the percentage probability of winning or losing. But it seems too difficult for me.


Title: Re: Math and Gambling
Post by: EL MOHA on November 17, 2023, 07:12:54 PM
I don’t know if i can believe that gambling is not a thing of luck because if it was all about maths then we should have more numbers of people who are good in maths make money from gambling after knowing that this Chris Ferguson uses maths to win in gambling. There are lots of good mathematicians all over the world and we only have few making it big in gambling what are the rest using their maths knowledge for? I am not disputing your claims but i still think luck plays more role in his wins than his maths knowledge or probably he is a naturally gifted gambler. Though Maths knowledge and careful calculations and analysis will help improve your chances of winning so having deep maths knowledge can go hand in hand with gambling.

I would say I agree with you that gambling is most likely about having the luck that’s why we see many people picking just random bets and they win. But in some case I will say some who is critical thinker could actually get a better chance at bet than someone who isn’t, and we all know that almost all mathematician are critical thinkers. And example I will give is a mathematician can spot a bias dice and use the knowledge of Maths and Statistics to determine the next few outcomes.


Title: Re: Math and Gambling
Post by: Wiwo on November 17, 2023, 07:40:34 PM
Yeah, we can say that gambling requires a lot of calculations and that can take a lot of maths to realize and that has been proven a lot of time in our personal gambling experience and that can far say that, even though gambling winning is based on pour luck and also a lot of calculations because gambling with only luck can take a long time to ever win any amount.

But if the gambler can combine some level of game analysis and calculations that make near possible bet selections and in most cases,  calculating the odds is the best sure thing and way to make the right bets and make a good analysis of previous results and teams stats all that contribute a lot to what makes a win not just luck alone.


Title: Re: Math and Gambling
Post by: Wakate on November 17, 2023, 08:19:37 PM
I don’t know if i can believe that gambling is not a thing of luck because if it was all about maths then we should have more numbers of people who are good in maths make money from gambling after knowing that this Chris Ferguson uses maths to win in gambling. There are lots of good mathematicians all over the world and we only have few making it big in gambling what are the rest using their maths knowledge for? I am not disputing your claims but i still think luck plays more role in his wins than his maths knowledge or probably he is a naturally gifted gambler. Though Maths knowledge and careful calculations and analysis will help improve your chances of winning so having deep maths knowledge can go hand in hand with gambling.

I would say I agree with you that gambling is most likely about having the luck that’s why we see many people picking just random bets and they win. But in some case I will say some who is critical thinker could actually get a better chance at bet than someone who isn’t, and we all know that almost all mathematician are critical thinkers. And example I will give is a mathematician can spot a bias dice and use the knowledge of Maths and Statistics to determine the next few outcomes.
Gambling is not just luck, there are other kind of gambling that is above the word 'luck'. There are some gambling that is based on strategy not just betting blinding. Skill can be very important in gambling if we want to make a difference. There are some of the great gamblers that had .Ade good amount of money from betting because they were able to strategize and utilize their skill developing it in a way that would bring more profits for them. Anything we are doing, we should always try to improve ourselves so that we can get more better and make more profits for ourselves.


Title: Re: Math and Gambling
Post by: stomachgrowls on November 17, 2023, 08:26:22 PM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
Working or not, then its not something that we could really be able to reach out easily if its indeed that math or calculations would really be something that relevant specially on poker. If they do make out those kind of words and telling that it does then its up to us whether we would really be believing into those or really just that simply they are making those alibis and telling about non sense. If we do tend to dig further and realize something then you could really make out some calculations but we know that there are certain things or factors that cant really be that altered or something that can be influenced. Poker isnt really just that simply talking about picking up cards or whatsoever correlated to it on which we can really tell that calculations wont really be precisely that will really be telling on whats the next outcome or result.

This is why it would really be that too impossible on having those kind reliance about mathematics on the time that you do gamble, doesnt matter if its poker or other strategic based kind of game.
Luck would really be always that important or relevant most of othe time.


Title: Re: Math and Gambling
Post by: Aanuoluwatofunmi on November 17, 2023, 08:34:27 PM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

Or maybe you think all that is required with gambling is how fervent you're in gambling, maybe you're getting it all wrong, if this were to be true, then every mathematician would have love to use their maths skills to be a gambler and earn from that for a living instead of teaching job, this is strictly a luck game with gambling, a small child can guess and bring up a game now and win as well, we cannot predict what may comes after every of our gambling steps not until the result is out irrespective of the calculation you have done to it.


Title: Re: Math and Gambling
Post by: Nwada001 on November 17, 2023, 08:41:46 PM
I also believe in this aspect of mathematicians having a higher possibility of winning, but sometimes even with the skill of gambling, the result turns out not to be the way we predict it to be. Even with the highest skill and assurance, they can still turn out to disappoint us.
 
If mathematical skills are all that's needed to win in gambling, I don't know where people like me who don't have a brain for math or don't have time to even study further about mathematics will be. Maybe we should just probably give up on gambling or we should gamble just to give the casino enough money to pay those who have a high level of thinking with their math calculations.
 
But even with this math, I still believe 100% of their games can't be won, as that will really lead to something else, and casinos will just keep building other games that can't be predicted that way. Luck is also another important tool that contributes to winning in gambling, but math is not everything; if not, people like me won't be winning at all.


Title: Re: Math and Gambling
Post by: rachael9385 on November 17, 2023, 08:43:29 PM
I'm not good at math, so that may be why I can't win as much as some people. But I guess it's not like that because gambling is not that simple. Maybe there are other things involved in gambling and maybe gambling uses mathematics but we don't know for sure which ones. Or maybe math is used for some gambling games that require skill so if he is very good at math, he might be able to win a lot at that game. Well, maybe you're right. Maybe you are wrong too. But what about luck? That can't be calculated using mathematics, right? We can only wait for luck to come. But mathematics is also used to calculate the percentage probability of winning or losing. But it seems too difficult for me.
If I say all the odds in gamble are gotten from the companies calculations, just like after calculating the whole maths then they give the odds accordingly, there have been some cases whereby in some of the games, big odds are given to a better team that is more stronger then the opposite team (might be the cause of miscalculations), meanwhile, there are many gamblers that do bet on games based on the odds, some don't bet on big odd but only small odds and others don't bet on small odds but bet on only the big odds, I am just trying to say that when ever there is miscalculations in the gamble industry (miscalculations in terms of given the odds accordingly), it also affects the gamblers to lose more, who? Because those that bet on smaller odds might bet on the wrong team that was given smaller odd than the opposite, hope you get my points?


Title: Re: Math and Gambling
Post by: Unsoldier on November 17, 2023, 08:44:26 PM
Math can help players better understand their chances of success and use strategies to win. For example, in poker, blackjack or sports betting. But still, luck plays a significant role in gambling. Plus, you have to remember that most players lose money and that the casino stays in favor in the long run.


Title: Re: Math and Gambling
Post by: yahoo62278 on November 17, 2023, 09:13:52 PM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
Chris "Jesus" Ferguson was a well know poker player in the early 2000s. As stated he played poker relying on his math skill and knowing probabilities to decide on whether calling a bet in a poker hand was worth it or not.

You guys might look up some more facts about the guy though. He is also a co founder of a site called Full Tilt Poker in the early 2000s as well that ended up stealing alot of player funds. Basically overspending and waiting for future deposits in order to be able to pay out player wd requests.

https://en.wikipedia.org/wiki/Chris_Ferguson

You guys can read the Wiki.


Title: Re: Math and Gambling
Post by: Westinhome on November 17, 2023, 09:29:13 PM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

Do you know why the gambler get addicted to gambling by the two reason,one because of the development of the gambling site.The second reason was the gambler was believe on their mathematical knowledge will over come the algorithm of the gambling sites.The tackle of the algorithm is not easy one in the gambling sites,this was the reason for sometimes the gambler will win who made the random bet in the gambling sites.Most of the games in the casino was based on the mathematics and probability based game.If you play the dice game,the probability was based on the risk you had fix in the game.If you had fix the Roll over to 10.00,then the probability was very low for the loss in the dice game.But the Multiplier for the win will be very low at the end.So calculate and made the good strategy in every game.


Title: Re: Math and Gambling
Post by: BitcoinPanther on November 17, 2023, 09:46:46 PM
He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.


I am not a mathematician, but it would be interesting for me, if there someone can solve the mathematical formula to win the game of poker. Because, the chance of being right when making a decision will be very difficult. It's like, we already have a card that has the potential to be a straight, but before the dealer takes out the card, he should do a mathematical calculation first before betting a large amount.

I think a person who won on gambling like poker depends on card counting.  It would be hard if a person is basing his decision on the expression of people because it can be misled by bluffing expressions.  More or less the person stated by @OP had known or has the skill of card counting, if not it I do not know how math can apply in the game of poker if not on card counting.

Math is indeed can be use to know the possibility of the result of a certain game, since game result is based on the probability, the only problem is the chance this probability computation tp coincide with the gambling result.  More or less there is still this luck factor in this winning result.


Title: Re: Math and Gambling
Post by: Oilacris on November 17, 2023, 09:59:44 PM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
Chris "Jesus" Ferguson was a well know poker player in the early 2000s. As stated he played poker relying on his math skill and knowing probabilities to decide on whether calling a bet in a poker hand was worth it or not.

You guys might look up some more facts about the guy though. He is also a co founder of a site called Full Tilt Poker in the early 2000s as well that ended up stealing alot of player funds. Basically overspending and waiting for future deposits in order to be able to pay out player wd requests.

https://en.wikipedia.org/wiki/Chris_Ferguson

You guys can read the Wiki.
So it means that "Math" does really work?

Just like on what been said or mentioned about making  calls, then this is something that math could really be able to influence. It would really be that getting in line with your
own risk taking factor thing or decision yet it cant be determined whether you are really that ahead against other players or really just that simply
that you are that confident because of those calculations made?

If it turns out that this one is really that a legit reason and we've seen that he had been successful with it then it do shows that it could really be applied
but the main question is, HOW?



Title: Re: Math and Gambling
Post by: topbitcoin on November 17, 2023, 10:02:00 PM
This is not just nonsense, if you are good enough at mathematics, then this will help you increase your chances of getting big wins in the gambling you do. Because in gambling, apart from relying on strong instincts, in playing certain types of gambling we also have to be a little clever in making fairly accurate calculations. Like playing card gambling, whether rummy or gaple. Where to find out which cards have not come out and the possibility that they will come out can be calculated using mathematics.

However, you need to remember that the use of mathematics when gambling only applies to certain types of gambling. Meanwhile, for this type of gambling that only relies on luck, there are no specific tricks, formulas or calculations, like playing slots.


Title: Re: Math and Gambling
Post by: Docnaster on November 17, 2023, 10:07:03 PM
I don’t know if i can believe that gambling is not a thing of luck because if it was all about maths then we should have more numbers of people who are good in maths make money from gambling after knowing that this Chris Ferguson uses maths to win in gambling. There are lots of good mathematicians all over the world and we only have few making it big in gambling what are the rest using their maths knowledge for? I am not disputing your claims but i still think luck plays more role in his wins than his maths knowledge or probably he is a naturally gifted gambler. Though Maths knowledge and careful calculations and analysis will help improve your chances of winning so having deep maths knowledge can go hand in hand with gambling.

I would say I agree with you that gambling is most likely about having the luck that’s why we see many people picking just random bets and they win. But in some case I will say some who is critical thinker could actually get a better chance at bet than someone who isn’t, and we all know that almost all mathematician are critical thinkers. And example I will give is a mathematician can spot a bias dice and use the knowledge of Maths and Statistics to determine the next few outcomes.
Having good knowledge of maths helps one to be successful in his gambling activities but having maths knowledge doesn't guarantee that one will always win because there are gambling platforms that doesn't require too much of maths knowledge to be successful in them.
If having good knowledge of maths equates to being successful in it, a big number of people across the globe who are very good in maths would all have been doing well in gambling today. Gambling requires basic knowledge of maths but is majorly influenced by how lucky a gambler can be because it's a game of luck


Title: Re: Math and Gambling
Post by: macson on November 17, 2023, 10:14:48 PM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
Do all people have the same ability in mathematics?  Of course not... apart from that, many mathematicians don't like gambling because they are busy discussing mathematics at their school.  i don't really accept your opinion which explains that school is not important, you should withdraw this opinion because school will always be very important for everyone.  In some gambling games, skill is needed rather than luck, so not all gambling games rely purely on luck, nor do all gambling games rely on skill, but card games like poker certainly require skill (whether it's math, analytical or other skills)


Title: Re: Math and Gambling
Post by: Saint-loup on November 17, 2023, 10:25:51 PM
I think maths could help you to manage efficiently your bankroll in most if not all gambling games, and then to avoid going bankrupt quickly but they can't help you for pure luck games of chance like lottery, slots and casino table games. How maths could help you to predict the next number or even it's colour drawn at the roulette? It's different for games involving humans such as Poker where your opponent is not the randomness but other human beings or sports betting where you bet on humans or eventually animals. 


Title: Re: Math and Gambling
Post by: rahmad2nd on November 17, 2023, 10:28:28 PM
~~

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

I don't know how to answer, especially since the names you mentioned in this thread are not familiar to me. however, if I refer to the post content of your thread. it's not something foreign to us regarding gambling and mathematics. Some people, maybe like you said in this thread, have methods and formulas for dealing with gambling through their expertise, namely mathematics. I'm pretty sure there are many people who do it like the people you describe in the contents of this thread, but only a few percent succeed this way. Or you could also just count on your fingers.

In essence, not everyone is able to do it even if they have expertise in mathematics. If in essence it was as easy as formulated by mathematics, there would be many gamblers who would get rich just by having knowledge related to this exact science.
Well, I remember the 2022 Qatar World Cup. There are several members who show predictions from someone who is very skilled in mathematics, even though he doesn't actually predict gambling. However, based on his calculations, Brazil will qualify for the final round. "if I remember correctly." in fact, it was Argentina and France who fought in the final match.

Well, in the end, not all predictions can be calculated using numbers. moreover, those related to sports. because, each game involves many individuals or several participants. Honestly, I won't deny that a method like this might work and be quite effective. However, not everything they do is successful, especially betting on sports that are more complex and complicated than Poker.


Title: Re: Math and Gambling
Post by: Fortify on November 17, 2023, 10:28:59 PM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

Well mathematics is important to known, but it also tells anyone with experience that most casino games cannot be beaten, especially things like slot games which have a fixed RTP which eventually means you will leak out your whole wallet given enough time. Poker is definitely perfectly positioned for mathematical whiz kids, but they will also need to master the bluffing game as well which involves human psychology. There are some games like blackjack which are also vulnerable to exploitation, but the casino has more visibility of abuse in that game so you'll never get ahead of them long term. There is definitely an opportunity out there for new angles on most skill based games, like the example you highlighted.


Title: Re: Math and Gambling
Post by: AmoreJaz on November 17, 2023, 10:32:47 PM
I think maths could help you to manage efficiently your bankroll in most if not all gambling games, and then to avoid going bankrupt quickly but they can't help you for pure luck games of chance like lottery, slots and casino table games. How maths could help you to predict the next number or even it's colour drawn at the roulette? It's different for games involving humans such as Poker where your opponent is not the randomness but other human beings or sports betting where you bet on humans or eventually animals.

if you are talking about poker, yes, i can believe that someone can do good on this game. however, if you are into luck-based games, your math prowess here won't matter.
also, james simons, is a hedge fund manager. his wealth is not entirely coming from gambling per se.  he has the Medallion Fund, so it is not because he is into gambling the reason why he has the billionaire status today. i hope people would not just think that because of gambling these people are enjoying their riches.


Title: Re: Math and Gambling
Post by: livingfree on November 17, 2023, 10:37:54 PM
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
Very wrong.

School is important, if you think that it's not important and you'll just give your kids life lessons with that 4% which making people rich, do that to your kids or to your relatives and tell it to them that school is not important.

It's not just all about making money but school is where we are trained to start being responsible and other basic things for a human being to learn like attitudes.

We admire these gamblers that have been winning with such strategies but don't make it look like people should be dependent to their experiences. Because in reality, they're like few in a millions and not everyone will have the same fortune and luck as theirs.


Title: Re: Math and Gambling
Post by: Weawant on November 17, 2023, 11:03:47 PM
It's funny how mathematicians are not good enough at gambling after seeing this, I understood that it's not basically the rigorous kind of mathematics which are . mostly been studied in school it has to be a very simplified arithmetics which some persons seem to understand the principles behind it.

These men too were no doubts lucky at some point because mathematics alone may not have done it for them Enough to turn out billionairs gambling, there must be elements of luck added with a sound strategy which they followed with discipline. If it were to be just mathematics, considering human uncertainties especially with sport games where humans play.rhwy wouldn't turn out right most often.


Title: Re: Math and Gambling
Post by: Hispo on November 17, 2023, 11:28:31 PM
It's funny how mathematicians are not good enough at gambling after seeing this, I understood that it's not basically the rigorous kind of mathematics which are . mostly been studied in school it has to be a very simplified arithmetics which some persons seem to understand the principles behind it.

These men too were no doubts lucky at some point because mathematics alone may not have done it for them Enough to turn out billionairs gambling, there must be elements of luck added with a sound strategy which they followed with discipline. If it were to be just mathematics, considering human uncertainties especially with sport games where humans play.rhwy wouldn't turn out right most often.



In my opinion, the more one person knows about mathematics and the laws of probablities it becomes less likely for that person to become a recurrent gambler. Because, when some novice gamblers starts at placing bets or rolling dices, he does not think about the chances he has to big win, only think about the "posibility" instead.
There are gamblers who can be indeed well educated on math and still enjoy the game, but I believe those kind of gambler would not dare to wager as much as an uneducated gambler.


Title: Re: Math and Gambling
Post by: Huppercase on November 17, 2023, 11:32:25 PM
There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

When you want to make money, look into the society and find one particular problem and then create a solution to them, you will make a lot of money. Most of these prominent men you mentioned of their creativity using math's to find easy route for gambling actually did the same thing and they made cool money that history will forever remember as we are even discussing right now.

Learning in school is a different concept and squeezing it into use is another concept, they will teach you all need and the rest is left for you to figure out. Look at programming language for instance, you will learn everything from the beginning to the last part and they show you working example but after that, you are left on your own to figure it out what to do with it. This is also why we should hight against people that says school is scam, this not true even in a society where education is poor, the reason why they say this words is to discourage others because they didn't think out of the box to utilize their own skills.



Title: Re: Math and Gambling
Post by: Juse14 on November 17, 2023, 11:46:58 PM
If someone is good enough at mathematics, then he will never gamble. Because the calculation is certain in gambling, it will only show losses. And a physicist once said "No one can win at roulette unless he steals money from the table and the dealer doesn't notice." which means that there is no single mathematical trick that can help us win at roullet.

So I think that in certain types of gambling we cannot use mathematical tricks in the game, because it will only be in vain and there is no benefit at all. Because this type of gambling has many kinds and types of games, you should be smart in distinguishing which types of gambling require using tricks and which ones only rely on luck.


Title: Re: Math and Gambling
Post by: Casdinyard on November 17, 2023, 11:51:07 PM
Most card games are probabilistic in nature anyway, so it makes sense for maths to ppay a major role in a person’s win condition. The problem lies in learning what these probabilities are and harnessing them. To up your chances of winning. These math wizards knew the game to play, and what paramters they needed to tweak in order to maximize their winning potential.

Dana White, although he doesn’t look like it, is completely methodical and mathematical whenever he plays card games which bags him massive wins, it even cane to a point where he’s banned in multiple casinos due to the sheer amount of money he kept winning.

That’s just how things go sometimes. If you know your math, you own the world.


Title: Re: Math and Gambling
Post by: Onyeeze on November 17, 2023, 11:51:40 PM
I have not seen  someone  who went to school of gambling and to start with gambling to win a gambling is matters of luck and it's not of how you know gambling, nobody can attest today that he or she knows how to gamble and everything enters together, so I believe if you are a gambler you know one or two ways to man over gambling,  or you know the studies of gambling very well, some people to gamble will be their first time and they will have the opportunity to win a very large amount of gambling why some people have gambling for years but nothing they have gain in gambling


Title: Re: Math and Gambling
Post by: Cryptomultiplier on November 17, 2023, 11:58:53 PM
Gambling is often referred to a game of probabilities, logic and luck, because, one has to be able to predict outcomes and results from mere observation of play.  A bit of math is involved in minor calculations, but it's not a main stay or very obvious part of gambling. Even someone who knows no maths or don't like the subject can be as good as someone who does when they understand how gambling games work.


Title: Re: Math and Gambling
Post by: Chikito on November 18, 2023, 12:00:46 AM
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
You could be wrong because gambling math is not the same as you got it in school. When I was in school I studied what is called opportunity lessons. Whatever you count the result is the same 50:50. I even applied the lesson I got on school with dice games, and still the results I got when I compared it with a real game is different from I calculated. So, don't waste the time, just play and don't think too much because it will make you unhappy and didn't enjoy the game.


Title: Re: Math and Gambling
Post by: gunhell16 on November 18, 2023, 12:47:00 AM
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

This is my question to you: how and where did you acquire the 4% you're referring to? Yes, I am aware that many people have discovered a means to earn a lot of money, and that many people have improved their lives and lived what we term a rich life.

Also, I can't connect math and gambling to what I do when I gamble at the crypto casino. It's just mine since it's really just for fun; if I'm lucky enough to win, it's fine because I was lucky that day, that's all. I don't think about math or calculation.


Title: Re: Math and Gambling
Post by: Litzki1990 on November 18, 2023, 01:50:31 AM
I'm not good at math, so that may be why I can't win as much as some people. But I guess it's not like that because gambling is not that simple. Maybe there are other things involved in gambling and maybe gambling uses mathematics but we don't know for sure which ones. Or maybe math is used for some gambling games that require skill so if he is very good at math, he might be able to win a lot at that game. Well, maybe you're right. Maybe you are wrong too. But what about luck? That can't be calculated using mathematics, right? We can only wait for luck to come. But mathematics is also used to calculate the percentage probability of winning or losing. But it seems too difficult for me.
If you are not good at maths then there is no reason for you to think that you are only going to lose at betting, it is wrong to think that if you are not good at maths you cannot win by betting. Gambling certainly requires calculations, but you don't need to have an advanced degree in mathematics to calculate the amount of calculations that will be required, but you can do them in a simple way. Many times our calculations are all right but in the middle our luck doesn't help. A few days ago, Argentina and Uruguay played there, but in the calculation, Argentina advanced, but in the performance of the field, Argentina was defeated, that is, luck played a very important role here. So there's no need to get frustrated thinking that you're not good at math, apply your strategy properly, even if you don't know good math, you'll be successful in gambling.


Title: Re: Math and Gambling
Post by: Hispo on November 18, 2023, 02:05:19 AM
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
I don't think about math or calculation.


Because you neither trying to defeat the casino nor break the system by earning money consistently out the casino. It is the same story every time someone attempts to use math in their benefit, ignoring all casinos already sorted it all out and have made with own calculations, their profits comes from it, obviously.
You have a what I would call to be a healthy approach to gambling, though, I won't lie: whenever I have had a specially bad or good streak rolling dices or in blackjack I feel tempted to calculare (using some simple statistics equations) what percentages I had to pull that streak off.
I guess it is easier to calculate after a bad luck streak rather than a good one, no one cares about the chances after getting the money, but the money itself.


Title: Re: Math and Gambling
Post by: Natsuu on November 18, 2023, 02:18:25 AM
Well it's true that not every piece of information learned in school may directly apply to one's career but education provides a foundation for critical thinking, problem-solving and a broad understanding of the world right? Math skills, for example, can be valuable in many professions beyond gambling, contributing to analytical abilities in various real life problems. The importance of education goes beyond just making money. I mean math and gambling arent dependent to each other. Anyone can excel on either alone.


Title: Re: Math and Gambling
Post by: wxa7115 on November 18, 2023, 02:25:28 AM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
This is not really surprising for those that have been aware of the truth for a long time, poker is categorized as a game of skill despite the high level of luck occurring in the game, and as such it is not surprising that the best poker players around the world are making fortune with it.

However I do not agree with your argument that school is not important, now it is true that a great deal of what you learn there may not make you money, but there are many skills that you will use everyday, after all to be that good at such advanced math you need to dominate the most basic math first, and that is something you learn at school.


Title: Re: Math and Gambling
Post by: Josefjix on November 18, 2023, 04:06:09 AM
Well it's true that not every piece of information learned in school may directly apply to one's career but education provides a foundation for critical thinking, problem-solving and a broad understanding of the world right? Math skills, for example, can be valuable in many professions beyond gambling, contributing to analytical abilities in various real life problems. The importance of education goes beyond just making money. I mean math and gambling arent dependent to each other. Anyone can excel on either alone.
We become educated on how the space operates and ensure we are on the right path because that's basically were winnings heads up to.  We engaged in critical thinking and bring innovative ideas into existence with the calculated efforts exerted on the system and games. Maths and Gmabling do rhyme to me because it involves numbers and other analytical data that's simplified with codes and odds, accompanied with good maths calculations, it wouldn't be difficult solving the problems that deals with odds, profits and losses in the system.


Title: Re: Math and Gambling
Post by: Poker Player on November 18, 2023, 04:20:04 AM
This is only applicable on games like Poker, Blackjack(Standard Deck and Sports book which the result can calculated through probability which you can use to your advantage. Most of the guy that you mention excel on poker which means they are relying on dominating other people instead of the house.

But the regular gambling games offer by the casino is based on pure luck which this skills in math is not an advantage. Also even skill based game like poker, there’s no guarantee for profit even if you are good on math because there’s always someone that is much better to you.

Thank goodness there is someone in this section who knows what he is talking about, until now I had seen a lot of bullshit starting with the OP, who mixes gambling with poker, as if you could win at roulette by studying mathematics as well. For example:

Always remember that luck also matters in gambling but using betting strategies and math can improve your chances of winning the game. In games like poker math probabilities and game theory. Regarding the value of school some disagree, but skills from subjects like math can unexpectedly help even in gambling.

This is just nonsense and as I said, it mixes gambling in general with poker.




Title: Re: Math and Gambling
Post by: dezoel on November 18, 2023, 04:48:42 AM
It depends on what someone is playing. Poker has always been a game of skills more than luck, and we all know that where skills matter, you can do wonders if you master those skills and that's probably what these people did since they knew the game and what goes behind and they mastered the art to the fullest and made use of their skills and strategies they have created based on calculations and whatever other methods they used and they gained success.

However, if someone is playing a game where there are no skills involved and one cannot even predict the outcome of a bet no matter how many mathematical skills they use or make any strategies because the outcome is random and it isn't something that is repeated so that you can make calculations and base your bets accordingly.


Title: Re: Math and Gambling
Post by: len01 on November 18, 2023, 06:14:06 AM
I have known for a long time that the game of poker is a card game that is really purely based on the mathematical knowledge that we have.
I mean poker is a casino game that really relies on your skills to be able to beat other gamblers in various ways and more precisely, how good your knowledge of mathematics is, it will definitely be very useful because if we are smarter at calculating we can definitely be a little smarter at processing cards that we hold to be able to win in every betting session.

so since the beginning of time, poker has always been a mainstay game for gamblers to make a profit or to earn money with the skills they have, even though there is a little luck involved, the percentage is very small and what is more important is just skill.


Title: Re: Math and Gambling
Post by: ethereumhunter on November 18, 2023, 06:22:37 AM
If I say all the odds in gamble are gotten from the companies calculations, just like after calculating the whole maths then they give the odds accordingly, there have been some cases whereby in some of the games, big odds are given to a better team that is more stronger then the opposite team (might be the cause of miscalculations), meanwhile, there are many gamblers that do bet on games based on the odds, some don't bet on big odd but only small odds and others don't bet on small odds but bet on only the big odds, I am just trying to say that when ever there is miscalculations in the gamble industry (miscalculations in terms of given the odds accordingly), it also affects the gamblers to lose more, who? Because those that bet on smaller odds might bet on the wrong team that was given smaller odd than the opposite, hope you get my points?
Big opportunities are given to better teams, and that often happens. Still, we also have to be wary of teams that look weak because these teams can actually provide a better performance than the opposing team. This is what can reverse the situation in the match so that we cannot win and only experience defeat. When placing a bet, we also have to take this into account because most gamblers still underestimate the possibility of a reversal of the situation for each team so what they place cannot actually result in a win. For this reason, we have to look for more information so that we know the real situation of each team and make it easier for us to bet on the right team.

If you are not good at maths then there is no reason for you to think that you are only going to lose at betting, it is wrong to think that if you are not good at maths you cannot win by betting. Gambling certainly requires calculations, but you don't need to have an advanced degree in mathematics to calculate the amount of calculations that will be required, but you can do them in a simple way. Many times our calculations are all right but in the middle our luck doesn't help. A few days ago, Argentina and Uruguay played there, but in the calculation, Argentina advanced, but in the performance of the field, Argentina was defeated, that is, luck played a very important role here. So there's no need to get frustrated thinking that you're not good at math, apply your strategy properly, even if you don't know good math, you'll be successful in gambling.
Yes, you are right in what you say because, in a match, there will definitely be surprises beyond our expectations so we also have to take this into account. Maybe what I do is compare the data without calculating using mathematics, which is too complicated, so I use basic mathematics. It can also give an idea about each team, especially since I can get a lot of accurate information so that I can choose a team that has a bigger chance than the opposing team. I also often pay attention to teams that are not favored because, often, these teams can provide a better performance, especially when playing. They don't look like they have a heavy burden. They can perform well and win against their favorite team.


Title: Re: Math and Gambling
Post by: EarnOnVictor on November 18, 2023, 06:37:36 AM
-snip-
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
You just committed a blunder by saying the school is not important, you now talk like a Nigerian, the citizen of where I know such heresy is being dissipated. This is partly because of the situation of the country where unemployment is at alarming state where people are now resolving into menial jobs. Regardless, the school you said is not important has paved the way for billions (dead and alive). If school is not important, tell me how you would be able to communicate in this forum, to say the least. School is ever important and I will always appreciate this despite not working under anybody. I worked with the government and with a bank before I decided to work on my own since over a decade and it has all been the educational background which I built upon with natural creativity that is helping me. You don't leave it at school learning alone, develop yourself, be creative and move out of your comfort zone to be successful.

As for gambling, it's not about luck alone, mathematical strategies work too, and this is not news.


Title: Re: Math and Gambling
Post by: Dewi Aries on November 18, 2023, 06:46:57 AM
I have known for a long time that the game of poker is a card game that is really purely based on the mathematical knowledge that we have.
I mean poker is a casino game that really relies on your skills to be able to beat other gamblers in various ways and more precisely, how good your knowledge of mathematics is, it will definitely be very useful because if we are smarter at calculating we can definitely be a little smarter at processing cards that we hold to be able to win in every betting session.

so since the beginning of time, poker has always been a mainstay game for gamblers to make a profit or to earn money with the skills they have, even though there is a little luck involved, the percentage is very small and what is more important is just skill.

I myself do not understand poker very well, but I have played it, indeed some say that poker is also related to arithmetic in other words math. When I played poker I didn't think about it, I just played along with the game while understanding the flow of the poker game.  And over time I found out about the arrangement of cards to get victory, with the arrangement of cards that will determine the victory, and the cards held by us must also enter with the cards on the table to enter the highest card arrangement.
It is true that you say there is little chance of luck in poker because in my opinion it is also difficult to arrange the cards held with the cards on the table, and some say this one game is difficult to cheat. I also think that way, because with the card divider running the game it seems difficult, but I don't know if with expert poker players, maybe they know how to cheat this game hahaha.


Title: Re: Math and Gambling
Post by: alastantiger on November 18, 2023, 07:12:23 AM
Before I began gambling, there were some YouTube videos that do pop up occasionally and I can still remember vividly that one was titled “a man was banned from gambling after winning with his mathematical strategy” or something similar to this; although I never played them since I’m no maths genius and if I should play the videos I won’t understand shit about what they are talking about, but one question still bother me, these so called maths genius have they never lost a game since they started gambling? Is their maths strategy a flawless one? It could be as what the post above mine said and it was just luck that their analysis worked and people linked it to their maths skills.
There are very many videos like these on the internet. But to use math for gambling, you have to understand how the math works. Whether this is true or not gamblers without a math background would not want to try it out because it would require that they spend a lot of time acquiring new knowledge knowing how impatient gamblers can be and would rather build on existing knowledge to achieve their immediate betting goal than learn something new, that's why we see less math majors who are gamblers talk about math and gambling.


Title: Re: Math and Gambling
Post by: Yaunfitda on November 18, 2023, 07:40:43 AM
Before I began gambling, there were some YouTube videos that do pop up occasionally and I can still remember vividly that one was titled “a man was banned from gambling after winning with his mathematical strategy” or something similar to this; although I never played them since I’m no maths genius and if I should play the videos I won’t understand shit about what they are talking about, but one question still bother me, these so called maths genius have they never lost a game since they started gambling? Is their maths strategy a flawless one? It could be as what the post above mine said and it was just luck that their analysis worked and people linked it to their maths skills.
There are very many videos like these on the internet. But to use math for gambling, you have to understand how the math works. Whether this is true or not gamblers without a math background would not want to try it out because it would require that they spend a lot of time acquiring new knowledge knowing how impatient gamblers can be and would rather build on existing knowledge to achieve their immediate betting goal than learn something new, that's why we see less math majors who are gamblers talk about math and gambling.
Maybe card counting can be considered as how math works or at least know the chances of you to win in this game if you know how to count cards and it's not illegal although casinos can ask you to leave if they spotted you that you are doing it.

But all other games are based on just pure luck, and there are no math or probabilities on that. Unless like in roulette, you find a biased machines that tend to land on some certain part of the wheel. But then again you have to have like thousands if not millions of data to get before you can make your own conclusions.


Title: Re: Math and Gambling
Post by: justdimin on November 18, 2023, 08:26:50 AM
Always remember that luck also matters in gambling but using betting strategies and math can improve your chances of winning the game. In games like poker math probabilities and game theory. Regarding the value of school some disagree, but skills from subjects like math can unexpectedly help even in gambling.
Yeah, luck and strategy matters here in gambling but their dependency can differ on what type of game we are playing. Some games needs more luck, while the other needs more strategy. As for the math part. Gambling is mainly compose of numbers. From the odds or probability of winning, to the house edge, and so on... .

But when performing a strategy on some games, a math can also be involved there. Like for example in some card games, there is a strategy called card counting. School subjects like math and many others can help us in our daily life, not only limited when we play gambling. So, not just some but many will disagree on what the OP have said there.


Title: Re: Math and Gambling
Post by: Strongkored on November 18, 2023, 09:04:20 AM
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
Not all of the lessons at school will be used in everyday life and I agree with that, but school is a place where people will start to think critically to address many things so that there will be knowledge that will ultimately be useful, and unfortunately it will be difficult for us to choose subjects at school that can ultimately be used in this life other than just accepting it because that is what happens to many students in the world

I'm not very good at mathematics so increasing my chances of winning at gambling with mathematics will be difficult for me because the mathematics used by successful people is of course not just basic mathematics such as addition, subtraction, multiplication or division, but it is more complicated than we can think.


Title: Re: Math and Gambling
Post by: piebeyb on November 18, 2023, 09:48:44 AM
I'm not very good at mathematics so increasing my chances of winning at gambling with mathematics will be difficult for me because the mathematics used by successful people is of course not just basic mathematics such as addition, subtraction, multiplication or division, but it is more complicated than we can think.
Maybe what you mean is that complicated mathematical formula, if you use it in gambling, will it work or not? I think it probably won't work if you play against a gambling machine, but if you play against other people, I think using the formula will be more usable, after all, even though there are those who can If you succeed in beating a gambling machine with a mathematical formula, many will definitely use that method.

We don't need to be hypocritical about the current reality, bookies always win against their users and always read the bad habits of their users, that's why it's difficult to beat a bookie just by using mathematical formulas, it's obviously very difficult because I've tried various formulas and other methods to play gambling. but nothing can really beat a gambling machine. whether you are smart or not, as long as you gamble responsibly, that's better


Title: Re: Math and Gambling
Post by: Outhue on November 18, 2023, 10:06:57 AM
If I am very good at math I would have look into games that has everything to do with math but unfortunately I am not, that's why I choose Slots game as the main one I play when ever I have the money to risk.

School is important to be honest, but to a certain point or level, degrees are what doesn't matter that much but still it's all about what you want for yourself in life and what you choose to become, I can't say that school is bad for those who strongly want to become Doctors and other.

I learned reading and writing through school, I am also able to know about Bitcoin because I can read too, school thus have it's benefits but I know where you are going with the idea that school isn't that important, still I will want all my children to be educated, whatever they choose to become will be their own choices and not mine.


Title: Re: Math and Gambling
Post by: junder on November 18, 2023, 10:32:35 AM
I'm not very good at mathematics so increasing my chances of winning at gambling with mathematics will be difficult for me because the mathematics used by successful people is of course not just basic mathematics such as addition, subtraction, multiplication or division, but it is more complicated than we can think.
Maybe what you mean is that complicated mathematical formula, if you use it in gambling, will it work or not? I think it probably won't work if you play against a gambling machine, but if you play against other people, I think using the formula will be more usable, after all, even though there are those who can If you succeed in beating a gambling machine with a mathematical formula, many will definitely use that method.

We don't need to be hypocritical about the current reality, bookies always win against their users and always read the bad habits of their users, that's why it's difficult to beat a bookie just by using mathematical formulas, it's obviously very difficult because I've tried various formulas and other methods to play gambling. but nothing can really beat a gambling machine. whether you are smart or not, as long as you gamble responsibly, that's better

I'm not good at math, if I was good at math maybe I could play poker, because some say poker is related to math, I gamble always choose slots because it doesn't require formulas or knowledge of math. and like you said maybe if gambling machines can be defeated by mathematical formulas then many will do this way to get an easy win. but unfortunately it's not like that, gambling machines are difficult to lose even a person who is an expert in gambling if they fight gambling machines in my opinion, they can still lose.

The bookie as the host will certainly always win in this case, because the bookie creates gambling to make money not to give money to the players. Even if they are good at math it won't matter, but maybe they can take advantage of their math skills by playing poker which is said to be related to math, I don't know anything about poker.


Title: Re: Math and Gambling
Post by: mkr06 on November 18, 2023, 01:00:20 PM
 Using math for gambling especially when understanding probabilities  can indeed enhance your decision making and potentially increase your chances of making good bets
But  even with a solid understanding of probabilities there is always an essential element of chance in gambling No strategy can eliminate the risk Totally 
So I think that they have also chance
 


Title: Re: Math and Gambling
Post by: Litzki1990 on November 18, 2023, 01:17:51 PM
If you are not good at maths then there is no reason for you to think that you are only going to lose at betting, it is wrong to think that if you are not good at maths you cannot win by betting. Gambling certainly requires calculations, but you don't need to have an advanced degree in mathematics to calculate the amount of calculations that will be required, but you can do them in a simple way. Many times our calculations are all right but in the middle our luck doesn't help. A few days ago, Argentina and Uruguay played there, but in the calculation, Argentina advanced, but in the performance of the field, Argentina was defeated, that is, luck played a very important role here. So there's no need to get frustrated thinking that you're not good at math, apply your strategy properly, even if you don't know good math, you'll be successful in gambling.
Yes, you are right in what you say because, in a match, there will definitely be surprises beyond our expectations so we also have to take this into account. Maybe what I do is compare the data without calculating using mathematics, which is too complicated, so I use basic mathematics. It can also give an idea about each team, especially since I can get a lot of accurate information so that I can choose a team that has a bigger chance than the opposing team. I also often pay attention to teams that are not favored because, often, these teams can provide a better performance, especially when playing. They don't look like they have a heavy burden. They can perform well and win against their favorite team.
When we study in school life or college life, we have many other subjects including mathematics, physics, chemistry, whose formulas have to be read very carefully and whose mathematical solutions have to be done very happily, but in real life, those formulas are not very useful to us. In real life we need the right experience and skills for specific jobs. When I finish my education, I will work in a company, but the owner of that company will not do the calculations for me but will do the work for me. If we understand maths less but understand the specific work very well then the company will be satisfied by me. If we succeed in gambling without accounting then I don't think there is much need for accounting in gambling.


Title: Re: Math and Gambling
Post by: Slow death on November 18, 2023, 01:38:32 PM
gambling consists of probabilities. Even if a person is the most intelligent in the world, even if that person is playing in a casino, they will have a greater chance of going bankrupt due to having lost all their money in the casinos. I've seen many people saying that a person who knows mathematics very well could be successful at poker. but we have to take into account the fact that at the poker table there are also more intelligent people, good at mathematics and good strategists. Therefore, thinking that since you know mathematics, you will get it right to the point of profiting from poker, would be an illusory and misleading thought.

Also, a person who masters mathematics will not win the lottery, we all know that lottery winners are most of the time people who do not have great mathematical skills and who have no idea about managing finances, which is why most lottery winners they become poor after a few years. In slot games, it depends on luck, so math is good and useless in slot games. In sports betting, mathematics helps a little with statistics, but without good knowledge about the history of teams and players and without following the news, then mathematics becomes less effective.


Title: Re: Math and Gambling
Post by: Viscore on November 18, 2023, 02:09:17 PM
Also, a person who masters mathematics will not win the lottery, we all know that lottery winners are most of the time people who do not have great mathematical skills and who have no idea about managing finances, which is why most lottery winners they become poor after a few years. In slot games, it depends on luck, so math is good and useless in slot games.

You don't really need to overthink these games; they're pure luck. Just roll with the luck and hopefully, you win. Bringing math into the mix just makes things unnecessarily complicated, and you might find yourself going a bit crazy, LOL.

Having a grasp of the game and our odds is fundamental. Without that, we're just being irresponsible gamblers. Unless we're not taking it too seriously and just doing it for fun, then it's all good.


In sports betting, mathematics helps a little with statistics, but without good knowledge about the history of teams and players and without following the news, then mathematics becomes less effective.

I find keeping up with the news easier than diving into mathematics. Some websites offer free sports statistics, which can be useful. However, the real challenge lies in analyzing the data and figuring out if it can boost our chances of winning. While winning in sports betting is possible without heavy math, the real key to consistent success is letting math guide your decisions.


Title: Re: Math and Gambling
Post by: famososMuertos on November 18, 2023, 05:18:50 PM
The fact that a professional player makes millions is a neon sign.

The results in a game like poker vary greatly with individuals, there are many guides to follow that recommend but that does not imply success.

Chris Ferguson is a thief, he was part of the board that knew about the fulltilt debacle.  It is not the best reference, playing with money that is not yours is easy.


Title: Re: Math and Gambling
Post by: Renampun on November 18, 2023, 05:38:31 PM
...
I myself do not understand poker very well, but I have played it, indeed some say that poker is also related to arithmetic in other words math. When I played poker I didn't think about it, I just played along with the game while understanding the flow of the poker game.  And over time I found out about the arrangement of cards to get victory, with the arrangement of cards that will determine the victory, and the cards held by us must also enter with the cards on the table to enter the highest card arrangement.
It is true that you say there is little chance of luck in poker because in my opinion it is also difficult to arrange the cards held with the cards on the table, and some say this one game is difficult to cheat. I also think that way, because with the card divider running the game it seems difficult, but I don't know if with expert poker players, maybe they know how to cheat this game hahaha.

I also don't understand how to play poker but what I know for sure, it's a game that's not easy, actually I'm quite curious about how he uses mathematical formulas when playing poker, does it work! However, poker is not a child's game, only smart people can master it and win it like the person in the OP. but I am very interested in OP's view that school is not important, surely all poker players who win big money have gone to school, it's just that their fate is different, at any time school will be the most important thing for mankind, without school it will be difficult for people gain knowledge.


Title: Re: Math and Gambling
Post by: noormcs5 on November 18, 2023, 05:55:23 PM
...
I myself do not understand poker very well, but I have played it, indeed some say that poker is also related to arithmetic in other words math. When I played poker I didn't think about it, I just played along with the game while understanding the flow of the poker game.  And over time I found out about the arrangement of cards to get victory, with the arrangement of cards that will determine the victory, and the cards held by us must also enter with the cards on the table to enter the highest card arrangement.
It is true that you say there is little chance of luck in poker because in my opinion it is also difficult to arrange the cards held with the cards on the table, and some say this one game is difficult to cheat. I also think that way, because with the card divider running the game it seems difficult, but I don't know if with expert poker players, maybe they know how to cheat this game hahaha.

I also don't understand how to play poker but what I know for sure, it's a game that's not easy, actually I'm quite curious about how he uses mathematical formulas when playing poker, does it work! However, poker is not a child's game, only smart people can master it and win it like the person in the OP. but I am very interested in OP's view that school is not important, surely all poker players who win big money have gone to school, it's just that their fate is different, at any time school will be the most important thing for mankind, without school it will be difficult for people gain knowledge.

While poker is not something again that is very difficult to play I think the people who are saying that poker is a skill based or a difficult game to play they haven't tried it or never wish to learn it.
I will suggest everyone to at least try to learn poker and try to play it few times and you will feel that it is not only an easy game to play but at the same time it is very appealing and interesting game.

Also not everything needs to be learn through schooling or academic stuff ,some things are just like a common sense and you can use online tutorials about poker , a lot of YouTube videos and free stuff available to everyone of us interesting to learn poker first and then enjoying and playing gambling platforms.


Title: Re: Math and Gambling
Post by: Huppercase on November 18, 2023, 07:02:36 PM
I'm not good at math, so that may be why I can't win as much as some people. But I guess it's not like that because gambling is not that simple. Maybe there are other things involved in gambling and maybe gambling uses mathematics but we don't know for sure which ones. Or maybe math is used for some gambling games that require skill so if he is very good at math, he might be able to win a lot at that game. Well, maybe you're right. Maybe you are wrong too. But what about luck? That can't be calculated using mathematics, right? We can only wait for luck to come. But mathematics is also used to calculate the percentage probability of winning or losing. But it seems too difficult for me.

When he said maths, he wasn't making emphasis on that kind of maths you are talking about, maybe is actually talking about that real math but the other type of gambling you are talking about doesn't need real math's. All you need is your smart brain to be be able make good selection, good analysis and even if you make the first one and it doesn't work, then you can change strategy to increase your chance of winning, that's only way to enjoy gambling.

In all you do while gambling, make sure that you stick to your winning strategy, you don't have to follow the majority of others because they are playing and winning. I have for once bite the my fingers by that strategy. I was having mid loses in most of my games and then I saw this new guy that was hot that was winning that time, I follow up and instead of me to stake what I can afford to lose, I stake everything and guess what? I lost everything because  stake everything trying to chase my lost under 1 game. Hardluck that I don't pray to experience again in my life.


Title: Re: Math and Gambling
Post by: CODE200 on November 18, 2023, 07:08:13 PM
Feel like most card games are this way anyway, and most games in a casino that's not based on chance entirely.

For instance, card games like poker and blackjack have a certain system on them that allows players who are more adept at maths to gain an upper hand against their opponents, the same could be assumed for other games like dice. Math and games go together like two lovebirds so it seems.

In any case, just as what Huppercase implied, there has to be some sort of distinction as to what type of maths are we talking about, especially for those who are aspiring to make a killing in this industry by literally being so good at the game you want to dissect that you're banned in casinos for winning so much. I'd say that most card games have some sort of counting strategy to them, while other games are a little more on the tricky side.


Title: Re: Math and Gambling
Post by: Mahanton on November 18, 2023, 07:13:31 PM
...
I myself do not understand poker very well, but I have played it, indeed some say that poker is also related to arithmetic in other words math. When I played poker I didn't think about it, I just played along with the game while understanding the flow of the poker game.  And over time I found out about the arrangement of cards to get victory, with the arrangement of cards that will determine the victory, and the cards held by us must also enter with the cards on the table to enter the highest card arrangement.
It is true that you say there is little chance of luck in poker because in my opinion it is also difficult to arrange the cards held with the cards on the table, and some say this one game is difficult to cheat. I also think that way, because with the card divider running the game it seems difficult, but I don't know if with expert poker players, maybe they know how to cheat this game hahaha.

I also don't understand how to play poker but what I know for sure, it's a game that's not easy, actually I'm quite curious about how he uses mathematical formulas when playing poker, does it work! However, poker is not a child's game, only smart people can master it and win it like the person in the OP. but I am very interested in OP's view that school is not important, surely all poker players who win big money have gone to school, it's just that their fate is different, at any time school will be the most important thing for mankind, without school it will be difficult for people gain knowledge.

While poker is not something again that is very difficult to play I think the people who are saying that poker is a skill based or a difficult game to play they haven't tried it or never wish to learn it.
I will suggest everyone to at least try to learn poker and try to play it few times and you will feel that it is not only an easy game to play but at the same time it is very appealing and interesting game.

Also not everything needs to be learn through schooling or academic stuff ,some things are just like a common sense and you can use online tutorials about poker , a lot of YouTube videos and free stuff available to everyone of us interesting to learn poker first and then enjoying and playing gambling platforms.
Totally skill based and a mix of little bit of luck when it comes on having those hands but in overall it would really be involving that kind of handling and calculations on which it would really be something that gives out that kind of a advantage among others. Yes, i could say that this is really that a battle of skill and experience on how you would really be making out those kind of decisions and make out those counting
which only a few could be able to do so. IF this one talks about math and calculations and do really make these gamblers or poker players becomes millionaires then it would really be that signifying
that it does works but the question is, it would really be that precise? Pretty sure that calculations will really be that relevant but luck would really be always take a
crucial part.

The thing on here is that you shouldnt really be forcing out yourself on having those kind of similar path to take but its not bad to find out for yourself on how you would really be gonna handling
when it comes to poker game but its a must thing that you should really be enjoying at the same time. There are really just those people who are really that
lucky at the same time and having the skills and this is why they do really reach out this kind of status that not everyone could be able to
experience or would be able to reach out.


Title: Re: Math and Gambling
Post by: len01 on November 18, 2023, 10:08:01 PM
...
I myself do not understand poker very well, but I have played it, indeed some say that poker is also related to arithmetic in other words math. When I played poker I didn't think about it, I just played along with the game while understanding the flow of the poker game.  And over time I found out about the arrangement of cards to get victory, with the arrangement of cards that will determine the victory, and the cards held by us must also enter with the cards on the table to enter the highest card arrangement.
It is true that you say there is little chance of luck in poker because in my opinion it is also difficult to arrange the cards held with the cards on the table, and some say this one game is difficult to cheat. I also think that way, because with the card divider running the game it seems difficult, but I don't know if with expert poker players, maybe they know how to cheat this game hahaha.

I also don't understand how to play poker but what I know for sure, it's a game that's not easy, actually I'm quite curious about how he uses mathematical formulas when playing poker, does it work! However, poker is not a child's game, only smart people can master it and win it like the person in the OP. but I am very interested in OP's view that school is not important, surely all poker players who win big money have gone to school, it's just that their fate is different, at any time school will be the most important thing for mankind, without school it will be difficult for people gain knowledge.
I am not here to feel arrogant or pretend to be an experienced gambler, but the game of poker is very easy to learn and anyone can very easily make a profit in this poker game and its not just about mathematics but a lot of patience.
because this poker game really requires a lot of patience to process your cards, you can win every round, even with just one pair in your hand, you can win the game depending on how you process your cards.

I think you two should try to learn this poker game to fight other bettors because it is about patience and mathematics to try how much talent you have and I am sure you will enjoy it.

and dont forget to buy the jackpot in every round, who knows, you might get a royal flush.


Title: Re: Math and Gambling
Post by: Hirose UK on November 19, 2023, 06:33:23 AM

For instance, card games like poker and blackjack have a certain system on them that allows players who are more adept at maths to gain an upper hand against their opponents, the same could be assumed for other games like dice. Math and games go together like two lovebirds so it seems.
I agree that poker and blackjack are games of skill that can use skill and mathematics to gain an advantage and win the game but for dice I don't think so because we don't know how dice can be calculated using mathematics because dice game game of pure luck.
Some people may be able to use strategy in dice games but that is not guaranteed because dice is game that is difficult to predict with certainty in any way.

Quote
In any case, just as what Huppercase implied, there has to be some sort of distinction as to what type of maths are we talking about, especially for those who are aspiring to make a killing in this industry by literally being so good at the game you want to dissect that you're banned in casinos for winning so much. I'd say that most card games have some sort of counting strategy to them, while other games are a little more on the tricky side.
When using mathematics in gambling games such as poker, of course every gambler has their own way of calculating what strategy to use in processing cards, but calculations like this cannot really be understood by everyone.
And regarding gambler prowess in calculating cards accurately to get more wins, it is not problem when they gamble in large casino, after all trusted casino will not ban customers just because they win more often.


Title: Re: Math and Gambling
Post by: bluebit25 on November 19, 2023, 06:45:22 AM
In fact, we still see a few in life mentioned as winners, so any game needs elements such as knowing, understanding, applying, creating,... And gambling also requires learning to become a professional player as well as having a high winning rate. I remember when I was in high school, my teacher once told us the odds of winning on coins, but we tend to lose more than we win, so understanding the game helps we eliminate the odds of losing a lot.


Title: Re: Math and Gambling
Post by: oktana on November 19, 2023, 06:50:20 AM
What I know is that gambling is probability, which is a topic in mathematics, we also have Permutation and Combination which also is included in gambling. Let’s say you’re playing a roll dice game, you’ll be able to know what your odds of winning are. Even in poker, if you’re able to calculate the number of possible combinations of cards, you will be able to tell your chance of getting a certain hand. But this doesn’t mean that your game isn’t based on luck because after all the calculations, luck will come in.


Title: Re: Math and Gambling
Post by: ethereumhunter on November 19, 2023, 09:49:15 AM
When we study in school life or college life, we have many other subjects including mathematics, physics, chemistry, whose formulas have to be read very carefully and whose mathematical solutions have to be done very happily, but in real life, those formulas are not very useful to us. In real life we need the right experience and skills for specific jobs. When I finish my education, I will work in a company, but the owner of that company will not do the calculations for me but will do the work for me. If we understand maths less but understand the specific work very well then the company will be satisfied by me. If we succeed in gambling without accounting then I don't think there is much need for accounting in gambling.
These formulas can indeed be useful for us. But in real life, we don't really need those formulas to do things. We tend to think and act and not use these formulas immediately. The situation will be different if we already work for a company because what the company needs is how we can work well and give something to the company. If we can work well, we will be rewarded but if not, we only get a salary commensurate with our work. But in gambling, there may be other formulas used but I don't really understand them or don't even know them at all. Maybe some people understand more about the formulas used in gambling so they might have a better chance of winning.


Title: Re: Math and Gambling
Post by: TurboMen on November 19, 2023, 10:29:51 AM


School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

Before I began gambling, there were some YouTube videos that do pop up occasionally and I can still remember vividly that one was titled “a man was banned from gambling after winning with his mathematical strategy” or something similar to this; although I never played them since I’m no maths genius and if I should play the videos I won’t understand shit about what they are talking about, but one question still bother me, these so called maths genius have they never lost a game since they started gambling? Is their maths strategy a flawless one? It could be as what the post above mine said and it was just luck that their analysis worked and people linked it to their maths skills.



I know gambling is math, but I never knew someone who used math to win a game, but I have seen it in many movies. It's really a skill for someone to make it happen. And one person I know who is actually addicted to this kind of video, "How to Win Millions in Gambling by Using This Math Trick," And he never won any lumbsum until now, plus he's still addicted and loses everything he has. Earlier, he had a decent job, but now he's jobless and still calculating the math, hoping to win one day. I don't know if he wins or not, but how can he be so stupid to lose his job, family, and everything just because he is obsessed with this?


Title: Re: Math and Gambling
Post by: Saisher on November 19, 2023, 11:02:18 AM


School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

Schools are important, very important, school is where we breed doctors, lawyers, and teachers, and these professionals are making money on what they learned on school this is misinformation, if there are no schools we are all nothing, schools are the most important institutions governments are funding schools and they promote schools and discourage out of school youth.
For a country to move towards progress and make its citizens useful, it needs schools to educate its people, you can't learn math on your own, you need teachers and schools to teach you how to be good in math, so school is 100% important.



Title: Re: Math and Gambling
Post by: arimamib on November 19, 2023, 04:13:32 PM

Quote
In any case, just as what Huppercase implied, there has to be some sort of distinction as to what type of maths are we talking about, especially for those who are aspiring to make a killing in this industry by literally being so good at the game you want to dissect that you're banned in casinos for winning so much. I'd say that most card games have some sort of counting strategy to them, while other games are a little more on the tricky side.
When using mathematics in gambling games such as poker, of course every gambler has their own way of calculating what strategy to use in processing cards, but calculations like this cannot really be understood by everyone.
And regarding gambler prowess in calculating cards accurately to get more wins, it is not problem when they gamble in large casino, after all trusted casino will not ban customers just because they win more often.

The branch of mathematics that is related to gambling is Probability Theory or Probability Calculus. This applies to all kind of gambling, not only cards gambling. Gambling is a game about calculating a probability of something that can appear. There is no certainty at gambling.

There is no strategy at calculating anything at gambling, because calculating is static, no various options. Strategy at gambling is about reading the game directions, big or small bets, or the habit of the opponents at putting bets. This is why psychology plays big role at gambling that can rush the adrenaline of the players, because uncertainty create hope for people.


Title: Re: Math and Gambling
Post by: Litzki1990 on November 20, 2023, 01:29:09 PM
In fact, we still see a few in life mentioned as winners, so any game needs elements such as knowing, understanding, applying, creating,... And gambling also requires learning to become a professional player as well as having a high winning rate. I remember when I was in high school, my teacher once told us the odds of winning on coins, but we tend to lose more than we win, so understanding the game helps we eliminate the odds of losing a lot.
I believe that defeat sometimes teaches people many good things that people can't learn by winning multiple times. For those who can learn from some defeats, those defeats are fine, but for those who defeat has become a habit, that is, those who continue to lose one after another, but this defeat is terrible. When one or two defeats come after a few successful wins, we have to take those defeats as normal but if we keep losing one after another then we must realize that we must have had enough mistakes in our strategy. If more defeats accompany us then we should take a break and find out our weak points and work on them. By taking a break and finding the weak point, when he works on the weak point, we can win the game again.


Title: Re: Math and Gambling
Post by: wxa7115 on November 24, 2023, 01:15:23 AM
In fact, we still see a few in life mentioned as winners, so any game needs elements such as knowing, understanding, applying, creating,... And gambling also requires learning to become a professional player as well as having a high winning rate. I remember when I was in high school, my teacher once told us the odds of winning on coins, but we tend to lose more than we win, so understanding the game helps we eliminate the odds of losing a lot.
I believe that defeat sometimes teaches people many good things that people can't learn by winning multiple times. For those who can learn from some defeats, those defeats are fine, but for those who defeat has become a habit, that is, those who continue to lose one after another, but this defeat is terrible. When one or two defeats come after a few successful wins, we have to take those defeats as normal but if we keep losing one after another then we must realize that we must have had enough mistakes in our strategy. If more defeats accompany us then we should take a break and find out our weak points and work on them. By taking a break and finding the weak point, when he works on the weak point, we can win the game again.
That advice only applies when your are playing a game in which your skill can affect your results, as trying to do this in a game like slots makes no sense, you could learn how not to bet too much on that game and avoid letting your emotions take control of you when you gamble, but that is it.

When it comes to those games there is not really a strategy you can devise to beat them, and you must content yourself simply with the joy you can get out of them.


Title: Re: Math and Gambling
Post by: Viscore on November 24, 2023, 06:49:33 AM
When it comes to those games there is not really a strategy you can devise to beat them, and you must content yourself simply with the joy you can get out of them.

The term 'luck-based games' speaks for itself, especially for gamblers. It implies winning relies on luck rather than skills. Therefore, there's limited room for development here, except perhaps in mastering proper bankroll management. However, it's not entirely necessary, as the house edge will likely erode our bankroll over the long run. To be realistic about winning in gambling through mathematical strategies, the focus should shift to skill-based games. Moreover, specificity in the chosen game is crucial, as each game demands a different strategy and approach.


Title: Re: Math and Gambling
Post by: 0t3p0t on November 24, 2023, 02:40:22 PM
Math and gambling is a good combination to be honest. Gambling involves money or numbers in any sort, so if someone is good at mathematics then he or she has the higher chance of understanding the game. It is also convenient or at ease when you are good at math when gambling and you can even make a trial and error on a new strategy using math.


Title: Re: Math and Gambling
Post by: aioc on November 24, 2023, 02:54:06 PM

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

Is this the guy, Jim Simons (mathematician) (https://en.wikipedia.org/wiki/Jim_Simons_(mathematician)) he did not get his billions of dollars on gambling based on his wiki page, he got it from hedge fund and investing he just uses the math to accurately predict his investment


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School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

I would like to correct this error but Jim Simmons is a product of school he did not learn math on his own but he went to a prestigious school to enhance his knowledge, especially in Math so it is wrong to say that school is not important all the billionaire of the past and present generations are products of schools.

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He received a bachelor's degree in mathematics from MIT in 1958[18] and a PhD in mathematics from Berkeley under the supervision of Bertram Kostant in 1961 at the age of 23.[18] After graduating from MIT, Simons traveled from Boston to Bogotá, Colombia on a motor scooter.[19]Academic and scientific career


Title: Re: Math and Gambling
Post by: goldkingcoiner on November 24, 2023, 03:01:24 PM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

Anything is possible, but only if you have the knowledge. And math is the language of logic. If you learn to read and write it, then you can turn your dreams into reality. Winning 8 million dollars is nothing but a use-case example of exactly that. I sometimes wonder why people don't try to find out more about how the universe works. Mathematicians are basically "reality hackers" ::)

But we are talking about using math for cheating a casino out of their money. I do not think it is wise nor honorable to do that. And you might get into trouble with the law in some cases.




Title: Re: Math and Gambling
Post by: piebeyb on November 24, 2023, 03:31:40 PM
When it comes to those games there is not really a strategy you can devise to beat them, and you must content yourself simply with the joy you can get out of them.
I agree with this because I probably understand a little about mathematics and formulas, I have also tried various techniques and strategies, but the dealer always wins, the smarter we try to beat the dealer, the smarter the dealer is than me, that's why I prefer to enjoy it. my game compared to thinking about how to win and beat the dealer with mathematics.

To be honest, this method will not be useful no matter how clever we are to design a strategy using mathematics, even though in gambling they are the same combination, but still we will not get any wins, playing gambling must be truly satisfied with what we play, for example enjoying the game as it is. gamble for fun and consider it as entertainment so don't be obsessed with winning the game, so just enjoy the game  ;)


Title: Re: Math and Gambling
Post by: Mr.suevie on November 24, 2023, 03:46:12 PM
What I know is that gambling is probability, which is a topic in mathematics, we also have Permutation and Combination which also is included in gambling. Let’s say you’re playing a roll dice game, you’ll be able to know what your odds of winning are. Even in poker, if you’re able to calculate the number of possible combinations of cards, you will be able to tell your chance of getting a certain hand. But this doesn’t mean that your game isn’t based on luck because after all the calculations, luck will come in.
Thank God you still clarified that it still boils down to the fact that luck would be needed, gambling is something that was designed for the purpose of luck to take course because if someone can actually calculate his way to winning then it won't be a busy idea anymore as everyone would just follow the method but with the whole set up of the process, winning is supposed to be hard and determine by a factor which no one can fully control although calculation can give you the perception of getting close to the answer.


Title: Re: Math and Gambling
Post by: Lida93 on November 24, 2023, 03:54:53 PM
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
If this is true about 96% of what we learn from school not used in our everyday real world then there won't be need for the fights  by nations to eradicate illiteracy among their citizens at all levels. Show me a country that is developed in science and technology through an uneducated people. 96% of all inventions we enjoying in our society's is due to education the 4% should be that of personal experiences from live.

The gamblers using maths to combine with gambling to make wealth for themselves the idea is gotten from the education they obtain studying mathematics formula's in school and using these formulas in synergy with their gambling experience to make success from gamble.

Mathematics involves a lot of calculation and anyone can only get it right with these calculation by being educated, an illiterate can't combine maths and gambling together and make a successful results of it, he won't even know where to begin with.


Title: Re: Math and Gambling
Post by: wxa7115 on November 30, 2023, 01:01:16 AM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

Anything is possible, but only if you have the knowledge. And math is the language of logic. If you learn to read and write it, then you can turn your dreams into reality. Winning 8 million dollars is nothing but a use-case example of exactly that. I sometimes wonder why people don't try to find out more about how the universe works. Mathematicians are basically "reality hackers" ::)

But we are talking about using math for cheating a casino out of their money. I do not think it is wise nor honorable to do that. And you might get into trouble with the law in some cases.
If you are using math to beat the casinos then you are not really cheating, you are just playing at such a high level that even if you are at a disadvantage you can still beat the casinos consistently.

And we have seen this many times before, even on games that in theory may seem to be impossible to beat, and yet some dedicated gamblers found a way to do it, fortunately for casinos even if there are many gamblers interested in beating them, there are very few gamblers which are willing to go through the necessary steps to achieve this.


Title: Re: Math and Gambling
Post by: zuzie on November 30, 2023, 01:37:23 AM
I don't think that mathematics is related to gambling, because if it is related today we have seen that many genius mathematicians gamble and win in casinos, but unfortunately so far there are none. So gambling is still related to luck and skill, mathematics is only the umpteenth factor, not the biggest factor.

Agree with you, in my opinion mathematics has nothing to do with gambling, in the sense that no matter how smart someone is at studying, it doesn't necessarily mean they will be good at gambling. This means that gambling requires experience and skill and to perfect it you also need intelligence in good thinking so that you are not easily influenced by gambling games and we need to remember that gambling is just luck that can be obtained by anyone, both smart people and people who are not smart.


Title: Re: Math and Gambling
Post by: junder on November 30, 2023, 04:00:11 AM


School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

Before I began gambling, there were some YouTube videos that do pop up occasionally and I can still remember vividly that one was titled “a man was banned from gambling after winning with his mathematical strategy” or something similar to this; although I never played them since I’m no maths genius and if I should play the videos I won’t understand shit about what they are talking about, but one question still bother me, these so called maths genius have they never lost a game since they started gambling? Is their maths strategy a flawless one? It could be as what the post above mine said and it was just luck that their analysis worked and people linked it to their maths skills.



I know gambling is math, but I never knew someone who used math to win a game, but I have seen it in many movies. It's really a skill for someone to make it happen. And one person I know who is actually addicted to this kind of video, "How to Win Millions in Gambling by Using This Math Trick," And he never won any lumbsum until now, plus he's still addicted and loses everything he has. Earlier, he had a decent job, but now he's jobless and still calculating the math, hoping to win one day. I don't know if he wins or not, but how can he be so stupid to lose his job, family, and everything just because he is obsessed with this?

For poker-based gambling, yes, because poker is a math game at its core, so in my opinion poker games involve a person's skills in playing that use math as their expertise to be able to get a win, also the skills that are played must be good because they will determine the future course of this poker game, unlike slot gambling.

Slot gambling in my opinion does not have to have skills that are prioritized, let alone math. Because slot gambling only relies on luck that will determine whether or not you win. I've seen someone who doesn't know slot gambling well, he does it by default and before long he makes his friends dumbfounded because he hits the jackpot. the other side is a person who has been gambling for a long time with a lot of experience, they will not get a big win if they are not lucky, no matter how good their game is in the end it will lead to luck too.


Title: Re: Math and Gambling
Post by: Hirose UK on November 30, 2023, 05:14:07 AM

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~snip~
When using mathematics in gambling games such as poker, of course every gambler has their own way of calculating what strategy to use in processing cards, but calculations like this cannot really be understood by everyone.
And regarding gambler prowess in calculating cards accurately to get more wins, it is not problem when they gamble in large casino, after all trusted casino will not ban customers just because they win more often.

The branch of mathematics that is related to gambling is Probability Theory or Probability Calculus. This applies to all kind of gambling, not only cards gambling. Gambling is a game about calculating a probability of something that can appear. There is no certainty at gambling.
Yes, that true, but not everything can run smoothly, even in other games that are not games of skill because in this type of game, perhaps you will only be able to calculate odds, not calculate exact numbers.
What is meant by calculating exact numbers is several numbers on the card because in calculating them you really have to be able to consider everything, including the estimated numbers your opponent has.
Remember that every calculation will have considerations because not all of them can be the right way to make playing strategy.

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There is no strategy at calculating anything at gambling, because calculating is static, no various options. Strategy at gambling is about reading the game directions, big or small bets, or the habit of the opponents at putting bets. This is why psychology plays big role at gambling that can rush the adrenaline of the players, because uncertainty create hope for people.
Not everything will go as you say and indeed the calculations in making playing or betting strategies are always different, from this I feel that you and myself have different thoughts and the calculations for playing strategies also cannot be in harmony.
But we know what is best and we are confident in our own abilities so I will still do what I think is right, including calculating how to create game that has the opportunity to give me victory.

Psychology plays an important role in gambling and every gambler must have the right psychological approach to avoid all these problems.


Title: Re: Math and Gambling
Post by: ethereumhunter on November 30, 2023, 08:27:15 AM
I don't think that mathematics is related to gambling, because if it is related today we have seen that many genius mathematicians gamble and win in casinos, but unfortunately so far there are none. So gambling is still related to luck and skill, mathematics is only the umpteenth factor, not the biggest factor.

Agree with you, in my opinion mathematics has nothing to do with gambling, in the sense that no matter how smart someone is at studying, it doesn't necessarily mean they will be good at gambling. This means that gambling requires experience and skill and to perfect it you also need intelligence in good thinking so that you are not easily influenced by gambling games and we need to remember that gambling is just luck that can be obtained by anyone, both smart people and people who are not smart.
But people who are not good at mathematics can win some money from gambling because they get lucky. Those of us who only use gambling as entertainment don't need to think about things because it can be confusing for us, especially since we don't chase victory like other people. We just need to enjoy gambling as we should and whether it's experience, skill, or intelligence in understanding mathematics, we need luck and that means we have to be able to relax when playing gambling. Otherwise, we will not be able to enjoy gambling but there will only be the desire to win, which can lead to greed or a lot of losses.


Title: Re: Math and Gambling
Post by: Crypt0Gore on November 30, 2023, 09:55:16 AM
Math is only going work if the game is based on calculation, a good example is poker, but I am not so good in math and I believe that's same with many people, there is a different between someone who knows math and someone who is a math genius, the example of what OP is talking about is math genius.

I believe that Blackjack also uses basic math to determine the best way to make each hand decisions, still losses is still present, but understanding math can increase your chances of winning, what I can't figure out is if this will benefit gamblers who gamble online or offline.

If you are gambling for fun you don't need to stress yourself out using math, I choose slots game for this reasons, I don't want to be stressed as I have other stressful things I engage with everyday in my business.


Title: Re: Math and Gambling
Post by: Ever-young on November 30, 2023, 10:36:38 AM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

Technically, there are games that requires you to use your skill and IQ to defeat your opponents but not all games, so yes there are games you can use mathematics skills to win, just like he poker, you need skills and experience too to be able to outsmart and be one step of your opponents. But know this is only applicable to specific sports and games and not all, let's say soccer for instance, I don't see how maths skill would actually be of help when making analysis on soccer games.


Title: Re: Math and Gambling
Post by: Litzki1990 on November 30, 2023, 12:05:22 PM
What I know is that gambling is probability, which is a topic in mathematics, we also have Permutation and Combination which also is included in gambling. Let’s say you’re playing a roll dice game, you’ll be able to know what your odds of winning are. Even in poker, if you’re able to calculate the number of possible combinations of cards, you will be able to tell your chance of getting a certain hand. But this doesn’t mean that your game isn’t based on luck because after all the calculations, luck will come in.
Some calculations may require the help of mathematics, but to calculate the calculations required in gambling, one must have the concept of general mathematics. On the way, we all have a rough idea about mathematics, since we have a rough idea about mathematics, we can use that idea in the calculation of gambling. Before accounting, the most important thing for gambling is to have enough knowledge about gambling and luck. If we have the right idea about gambling then we will stay away from gambling first. Besides having knowledge of gambling, luck must be on our side.


Title: Re: Math and Gambling
Post by: Mr.suevie on November 30, 2023, 12:21:55 PM
What I know is that gambling is probability, which is a topic in mathematics, we also have Permutation and Combination which also is included in gambling. Let’s say you’re playing a roll dice game, you’ll be able to know what your odds of winning are. Even in poker, if you’re able to calculate the number of possible combinations of cards, you will be able to tell your chance of getting a certain hand. But this doesn’t mean that your game isn’t based on luck because after all the calculations, luck will come in.
Some calculations may require the help of mathematics, but to calculate the calculations required in gambling, one must have the concept of general mathematics. On the way, we all have a rough idea about mathematics, since we have a rough idea about mathematics, we can use that idea in the calculation of gambling. Before accounting, the most important thing for gambling is to have enough knowledge about gambling and luck. If we have the right idea about gambling then we will stay away from gambling first. Besides having knowledge of gambling, luck must be on our side.
It's really funny how people tend to believe that they can actually calculate their way to winning because with all my experience and years of gambling, I would like to argue that this thought to some extent is totally false and doesn't seem to play out whatsoever because the gambling I know of, it's going to be very hard to calculate the outcome of a certain result and even if it's actually done, the cases will be very rare and if you would come to dissect the whole thing it would still be as randomly playing and luck being the core factor.


Title: Re: Math and Gambling
Post by: Latviand on November 30, 2023, 01:02:56 PM
If you can do mental maths like Ferguson and Simons then sure math and gambling definitely goes hand in hand but if you're not a savant like them then it's going to be the same for you and everyone else, all of us will have the same luck and chances in winning in gambling so I don't advice that you should bank on the fact that there's math in gambling and that you can use it because it's difficult to do math if you're not good at it and you can't do it mentally, unless they allow calculators when you're playing then go for it I guess, you could probably use math the most efficient if you are playing lottery, since you can just take your time doing the calculations to pick the right numbers.


Title: Re: Math and Gambling
Post by: noormcs5 on November 30, 2023, 01:11:59 PM
I don't think that mathematics is related to gambling, because if it is related today we have seen that many genius mathematicians gamble and win in casinos, but unfortunately so far there are none. So gambling is still related to luck and skill, mathematics is only the umpteenth factor, not the biggest factor.

Agree with you, in my opinion mathematics has nothing to do with gambling, in the sense that no matter how smart someone is at studying, it doesn't necessarily mean they will be good at gambling. This means that gambling requires experience and skill and to perfect it you also need intelligence in good thinking so that you are not easily influenced by gambling games and we need to remember that gambling is just luck that can be obtained by anyone, both smart people and people who are not smart.
But people who are not good at mathematics can win some money from gambling because they get lucky. Those of us who only use gambling as entertainment don't need to think about things because it can be confusing for us, especially since we don't chase victory like other people. We just need to enjoy gambling as we should and whether it's experience, skill, or intelligence in understanding mathematics, we need luck and that means we have to be able to relax when playing gambling. Otherwise, we will not be able to enjoy gambling but there will only be the desire to win, which can lead to greed or a lot of losses.

Does math really work in gambling? i don't think so. Even probability and statistics are hard to work in gambling. In any other field, you may gather the previous data, compile it and try to find the future outcome but here in gambling games, no probability will work because every game has its own luck and you cannot measure or predict luck. It is natural and not predictable.

The strange thing is that no matter how much you are intelligent or have experience, nothing matters at all, nothing stands in front of luck. The most dump person can have good luck and become a millionaire from gambling.


Title: Re: Math and Gambling
Post by: 348Judah on November 30, 2023, 01:23:16 PM
Technically, there are games that requires you to use your skill and IQ to defeat your opponents but not all games, so yes there are games you can use mathematics skills to win, just like he poker, you need skills and experience too to be able to outsmart and be one step of your opponents. But know this is only applicable to specific sports and games and not all, let's say soccer for instance, I don't see how maths skill would actually be of help when making analysis on soccer games.

You're right, we sometimes need to make use of our mathematical skills to determine the way we gamble and make some bets, especially on those that often deals with randomization of numbers, gambling needs us to be totally honest with the way we planed the games we play and when to play such, we must be calculative in the way we gamble, this will also increases our chances of getting higher edge over time winning in most cases on how we gamble.


Title: Re: Math and Gambling
Post by: Japinat on November 30, 2023, 01:33:43 PM
this will also increases our chances of getting higher edge over time winning in most cases on how we gamble.

I doubt the edge will increase if we are playing against the house which has a house edge.

It's known to us that games with house edge aren't winnableo on the side of the gamblers, at least in the long run. So the best benefit we could rip from having a good math in our game is to stay realistic and being able to manage the risk, there's no other benefits aside from that, unless we're up to a level of skilled based games.


Title: Re: Math and Gambling
Post by: zuzie on November 30, 2023, 02:32:59 PM
I don't think that mathematics is related to gambling, because if it is related today we have seen that many genius mathematicians gamble and win in casinos, but unfortunately so far there are none. So gambling is still related to luck and skill, mathematics is only the umpteenth factor, not the biggest factor.

Agree with you, in my opinion mathematics has nothing to do with gambling, in the sense that no matter how smart someone is at studying, it doesn't necessarily mean they will be good at gambling. This means that gambling requires experience and skill and to perfect it you also need intelligence in good thinking so that you are not easily influenced by gambling games and we need to remember that gambling is just luck that can be obtained by anyone, both smart people and people who are not smart.
But people who are not good at mathematics can win some money from gambling because they get lucky. Those of us who only use gambling as entertainment don't need to think about things because it can be confusing for us, especially since we don't chase victory like other people. We just need to enjoy gambling as we should and whether it's experience, skill, or intelligence in understanding mathematics, we need luck and that means we have to be able to relax when playing gambling. Otherwise, we will not be able to enjoy gambling but there will only be the desire to win, which can lead to greed or a lot of losses.

That's right, and I've also said before that gambling is just luck that anyone will get, be it a smart person, a rich person, a poor person, and only then will he achieve it, whether tomorrow or the day after, it's not certain that he will get it again.
Agree with you, if we consider gambling as entertainment for ourselves then we will enjoy the sensation in it, not to chase victory but to seek experience and pleasure.
However, if we make the mistake of gambling by being too obsessed with chasing victory, then it is true that we will definitely experience greed and that is very dangerous for our lives later.


Title: Re: Math and Gambling
Post by: Gozie51 on November 30, 2023, 02:51:03 PM
I am mad that I am just knowing this not too long ago.


I hope you have been able to win some jackpots from then you got to know to this time around.  ;D

So maybe he probably has such gift to do whatever calculation on the game he is gambling. Moreover, math is not new to gambling. Even in soccer, when you analyse the games, take some analysis like head to head, last five matches, away and home performance etc, I believe it is math when you come to soccer also if you do all that because you are going to be careful and taking calculation of the team performance home and away, both for the team and their opponents.


Title: Re: Math and Gambling
Post by: hedgeh0g on November 30, 2023, 03:26:25 PM
I am mad that I am just knowing this not too long ago.


I hope you have been able to win some jackpots from then you got to know to this time around.  ;D

So maybe he probably has such gift to do whatever calculation on the game he is gambling. Moreover, math is not new to gambling. Even in soccer, when you analyse the games, take some analysis like head to head, last five matches, away and home performance etc, I believe it is math when you come to soccer also if you do all that because you are going to be careful and taking calculation of the team performance home and away, both for the team and their opponents.
In football matches like this, I would put math on the back burner. In order to beat the analytical data of the computer that issued the odds for a football team to win, we must know everything about each player and statistical indicators so thoroughly that we can see the inefficiencies of the odds set. This is theoretical, but practically we cannot know about the hidden injuries or mood of each player. Therefore, we can only get closer, but never over a long period of time will we beat the statistical machine that gives odds for a team to win.


Title: Re: Math and Gambling
Post by: oktana on November 30, 2023, 10:13:11 PM
What I know is that gambling is probability, which is a topic in mathematics, we also have Permutation and Combination which also is included in gambling. Let’s say you’re playing a roll dice game, you’ll be able to know what your odds of winning are. Even in poker, if you’re able to calculate the number of possible combinations of cards, you will be able to tell your chance of getting a certain hand. But this doesn’t mean that your game isn’t based on luck because after all the calculations, luck will come in.
Some calculations may require the help of mathematics, but to calculate the calculations required in gambling, one must have the concept of general mathematics. On the way, we all have a rough idea about mathematics, since we have a rough idea about mathematics, we can use that idea in the calculation of gambling. Before accounting, the most important thing for gambling is to have enough knowledge about gambling and luck. If we have the right idea about gambling then we will stay away from gambling first. Besides having knowledge of gambling, luck must be on our side.
It's really funny how people tend to believe that they can actually calculate their way to winning because with all my experience and years of gambling, I would like to argue that this thought to some extent is totally false and doesn't seem to play out whatsoever because the gambling I know of, it's going to be very hard to calculate the outcome of a certain result and even if it's actually done, the cases will be very rare and if you would come to dissect the whole thing it would still be as randomly playing and luck being the core factor.
I used to do football betting and let me tell you how I select a team that will win. I go through both teams previous matches, look at their percentage of wins and losses generally, then I check if both teams have met before, I also take into consideration who won. With all that information, I can predict who will likely win the match without necessarily knowing who the team members are. So, isn’t that statistics? Thats calculation mate. Yes, the team with the better stats may not win, but that calculation is better and give you a better ground that someone saying it’s entirely luck and blindly chooses any of the two teams just because it’s “50/50”


Title: Re: Math and Gambling
Post by: Westinhome on November 30, 2023, 10:25:32 PM

For poker-based gambling, yes, because poker is a math game at its core, so in my opinion poker games involve a person's skills in playing that use math as their expertise to be able to get a win, also the skills that are played must be good because they will determine the future course of this poker game, unlike slot gambling.

Slot gambling in my opinion does not have to have skills that are prioritized, let alone math. Because slot gambling only relies on luck that will determine whether or not you win. I've seen someone who doesn't know slot gambling well, he does it by default and before long he makes his friends dumbfounded because he hits the jackpot. the other side is a person who has been gambling for a long time with a lot of experience, they will not get a big win if they are not lucky, no matter how good their game is in the end it will lead to luck too.

The poker gambling was based on the math and the probability of cards,So one can easily fix the result using their math knowledge.The gambler also accept the thing,the many players was in the same game and we don't know the exact cards in their hand.Due to shuffle of the cards,one can have 4-5 jokers and with the Rummy he can make the show.

But the game we are laying in the online,So some gambler will blame the website for the short win by the particular person play along with them.This was the one of the biggest criticisms in the black jack and any poker game based gambling site.But the gambler are not ready to do the wide mindset of the game.So they will understand the winner of the poker game based on the card given to them and not gambling site make the fake win in the gambling sites.


Title: Re: Math and Gambling
Post by: lionheart78 on November 30, 2023, 11:10:00 PM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

I believe this is more on card counting, if a person is able to count cards that is drawn and calculate the card in the hands of people, he might be able to somehow know the probability of the next card.  Expert card counter are often shut off in poker games in casino because they are able to win everytime.
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There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

Not on the games that require skill such as sports betting and poker.  Card counting is a skill frowned by any casino poker dealers.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

I do not know what is the relevant of school in this topic but saying 96% of what we learned can't be used in real world is just exaggeration.  The history, math, theories are often used to produce another inventions and new creations, it is also reference for innovations so without school that teaches the foundation of knowledge specifically mathematics a person will have difficulty in dealing with his daily activities, besides career are often based on what we have learned during the college years and our specialization. 


Title: Re: Math and Gambling
Post by: dothebeats on November 30, 2023, 11:27:01 PM
Jim Simons is more of an investor rather than a gambler. He earned his billions with his investments and hedge funds. He only became a big baller when he already got the dough to back most of his predictions, so his education heavily propelled his success and not just luck that most gambling games require in order to beat it. He used computing and statistics to his advantage to get where he is right now, and if it isn't dictated by his education then I don't know what is.

Chris, on the other hand, is really an adept when it comes to poker. He's also a computer scientist so you can tell that his education also backed his success to what he does.


Title: Re: Math and Gambling
Post by: junder on December 01, 2023, 12:43:54 AM

For poker-based gambling, yes, because poker is a math game at its core, so in my opinion poker games involve a person's skills in playing that use math as their expertise to be able to get a win, also the skills that are played must be good because they will determine the future course of this poker game, unlike slot gambling.

Slot gambling in my opinion does not have to have skills that are prioritized, let alone math. Because slot gambling only relies on luck that will determine whether or not you win. I've seen someone who doesn't know slot gambling well, he does it by default and before long he makes his friends dumbfounded because he hits the jackpot. the other side is a person who has been gambling for a long time with a lot of experience, they will not get a big win if they are not lucky, no matter how good their game is in the end it will lead to luck too.

The poker gambling was based on the math and the probability of cards,So one can easily fix the result using their math knowledge.The gambler also accept the thing,the many players was in the same game and we don't know the exact cards in their hand.Due to shuffle of the cards,one can have 4-5 jokers and with the Rummy he can make the show.

But the game we are laying in the online,So some gambler will blame the website for the short win by the particular person play along with them.This was the one of the biggest criticisms in the black jack and any poker game based gambling site.But the gambler are not ready to do the wide mindset of the game.So they will understand the winner of the poker game based on the card given to them and not gambling site make the fake win in the gambling sites.

I myself don't really understand poker gambling, because I don't have a skill base in math, so I only play slot gambling which doesn't prioritize skills just know enough and rely on luck. Also I have no interest in poker for some reason I prefer slot gambling, maybe also because of the absence of skills in math.

It is possible to play slot gambling by many people, not knowing gender, especially with the current online slot gambling that is busy, everyone can play it men, women, parents, young people can all play it. Unlike poker, where they can play it but if they don't have math skills it will make them likely to lose.


Title: Re: Math and Gambling
Post by: alegotardo on December 01, 2023, 01:05:53 AM
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

It depends!

In some games math won't help you at all, but in others like dice or cards they will help you a lot if you're good at math.
The idea behind this advantage consists of forming a set with all possible outcomes in a game and, from this set, quantifying the results that are favorable or not in a given outcome.
When the player has all the necessary information and is able to measure this outcome of probabilities, it is possible to check the proportion between favorable or unfavorable results and compare them with other game objectives to make the best bet, bluff or know if the opponent is bluffing, and in some cases even knows exactly what is the only possible outcome of a game that apparently has not yet been revealed.

If you are interested in this, I advise you to study Pascal's triangle... it is very useful when we want to know the number of ways in which we can select a number of elements from a set that has an equal or greater amount of elements. Before using mathematics to play, you need to know this important mathematical tool.


Title: Re: Math and Gambling
Post by: ethereumhunter on December 01, 2023, 07:34:08 AM
Does math really work in gambling? i don't think so. Even probability and statistics are hard to work in gambling. In any other field, you may gather the previous data, compile it and try to find the future outcome but here in gambling games, no probability will work because every game has its own luck and you cannot measure or predict luck. It is natural and not predictable.

The strange thing is that no matter how much you are intelligent or have experience, nothing matters at all, nothing stands in front of luck. The most dump person can have good luck and become a millionaire from gambling.
I don't know either because I never thought about how to use mathematics in gambling. Maybe mathematics is needed to calculate the percentage of luck or potential winnings they can get. But again, that's only for people who know how to use mathematics to gamble. Meanwhile, those of us who don't know should continue gambling as usual and not think too much about mathematics in gambling games.

Yes, luck will come to people who deserve it and it can indeed help people become millionaires from gambling. But we can't chase luck because we don't know when luck will come to us.

That's right, and I've also said before that gambling is just luck that anyone will get, be it a smart person, a rich person, a poor person, and only then will he achieve it, whether tomorrow or the day after, it's not certain that he will get it again.
Agree with you, if we consider gambling as entertainment for ourselves then we will enjoy the sensation in it, not to chase victory but to seek experience and pleasure.
However, if we make the mistake of gambling by being too obsessed with chasing victory, then it is true that we will definitely experience greed and that is very dangerous for our lives later.
Everyone can get lucky when the time comes but we will never know when the time will come when we can get lucky. But we also can't continue gambling because that will definitely require a lot of money so it can cause us to experience a lot of losses. Maybe we can manage our gambling time along with the allocated funds that we prepare so that we don't gamble too often while we wait for our luck to come. And after luck comes, we don't need to chase it anymore because we don't know whether luck is still with us in the next round or has gone. We only need to gamble enough so as not to lose a lot of money because that is a precaution we can take.


Title: Re: Math and Gambling
Post by: piebeyb on December 01, 2023, 07:59:35 AM
Yes, luck will come to people who deserve it and it can indeed help people become millionaires from gambling. But we can't chase luck because we don't know when luck will come to us.
Luck cannot be sought because luck comes to the right and chosen people, that's why don't expect to get luck when gambling, let alone seeing other people lucky to get big wins, after all luck cannot be copied and that's why its arrival cannot be predicted. Playing gambling should be enjoyed, don't think too much that you can beat the dealer easily even if you are an expert in mathematics.

Everyone can feel confident that the dealer can be beaten easily using artificial intelligence or mathematics, it will not be possible because the dealer is much more likely to use something more sophisticated to win the casino, so don't expect luck and other things when gambling because it is clearly a mistake, It's true that every gambler can definitely become a millionaire, but not many of us will meet and be that lucky.


Title: Re: Math and Gambling
Post by: Z390 on December 01, 2023, 08:46:34 AM
If luck is not on your side there is nothing you can do about it, math expert or not you will still need to get lucky, everyone has luck in them but we don't know when we will be lucky, so it's better to keep gambling with small amount until your luck comes around, I have use $1 bet to make $300 and it wasn't long ago, I got lucky, but I have lost few $10 on multiple rounds with no single win, gambling is what it is, if you accept this fact you will have no problem with gambling.

Some people start gambling because they watch some videos online but the reality is they are fake, those videos show how gamblers hit more bonus and you will think its the same but on getting into gambling you will get opposite result, do not allow anything or anyone to talk nonsense onto your head, come up with your own safest strategy.

I am not very good at math and I don't even need to because it's not my thing, and I hate games that have something to do with math, this is why I am bad at solving puzzles at times but not all, I prefer the simplest games on online casinos, like completing a mission, or rolling dices, or slots.


Title: Re: Math and Gambling
Post by: Blitzboy on December 01, 2023, 02:58:38 PM
If luck is not on your side there is nothing you can do about it, math expert or not you will still need to get lucky, everyone has luck in them but we don't know when we will be lucky, so it's better to keep gambling with small amount until your luck comes around, I have use $1 bet to make $300 and it wasn't long ago, I got lucky, but I have lost few $10 on multiple rounds with no single win, gambling is what it is, if you accept this fact you will have no problem with gambling.

Some people start gambling because they watch some videos online but the reality is they are fake, those videos show how gamblers hit more bonus and you will think its the same but on getting into gambling you will get opposite result, do not allow anything or anyone to talk nonsense onto your head, come up with your own safest strategy.

I am not very good at math and I don't even need to because it's not my thing, and I hate games that have something to do with math, this is why I am bad at solving puzzles at times but not all, I prefer the simplest games on online casinos, like completing a mission, or rolling dices, or slots.
Although a $1 bet turning into $300 shows how unpredictable gambling can be, its not a plan; its just a one-time event. There is some truth to the saying "lucky people win some decisions."

You're right, a lot of web videos arent what they seem to be, misleading people. Their information is not reliable for learning how gambling works. Although its okay to dislike math-based games, its important to remember that even easy games like slots and dices are based on math.

Gambling should be approached responsibly. But keeping gambling until luck changes is a risky idea. Its important to define boundaries for both time and money. Theres more to gambling than just winning. Its fun. Doing it should stay a fun, controlled pastime and not a way to make money.


Title: Re: Math and Gambling
Post by: slapper on December 01, 2023, 03:16:13 PM
Yes, luck will come to people who deserve it and it can indeed help people become millionaires from gambling. But we can't chase luck because we don't know when luck will come to us.
Luck cannot be sought because luck comes to the right and chosen people, that's why don't expect to get luck when gambling, let alone seeing other people lucky to get big wins, after all luck cannot be copied and that's why its arrival cannot be predicted. Playing gambling should be enjoyed, don't think too much that you can beat the dealer easily even if you are an expert in mathematics.

Everyone can feel confident that the dealer can be beaten easily using artificial intelligence or mathematics, it will not be possible because the dealer is much more likely to use something more sophisticated to win the casino, so don't expect luck and other things when gambling because it is clearly a mistake, It's true that every gambler can definitely become a millionaire, but not many of us will meet and be that lucky.
Although luck can't be generated or copied, can't our decisions and actions prepare us for lucky opportunities? Understanding chances and probabilities in gambling is about making informed judgments, not beating luck. Is blind betting different from strategic wagering? We can't control luck, but our approach can affect it. When gambling is fun, human psychology is at play. Aren't individuals drawn to the thrill and dopamine rush? However, this is two-sided. Excitement can cause addiction, affecting mental and physical health. Isn't society accountable for promoting responsible gambling? While becoming a millionaire is appealing, the reality is often brutal. Shouldn't we emphasize risk awareness and responsible gambling?


Title: Re: Math and Gambling
Post by: arimamib on December 01, 2023, 04:41:06 PM
Yes, luck will come to people who deserve it and it can indeed help people become millionaires from gambling. But we can't chase luck because we don't know when luck will come to us.
Luck cannot be sought because luck comes to the right and chosen people, that's why don't expect to get luck when gambling, let alone seeing other people lucky to get big wins, after all luck cannot be copied and that's why its arrival cannot be predicted. Playing gambling should be enjoyed, don't think too much that you can beat the dealer easily even if you are an expert in mathematics.

Everyone can feel confident that the dealer can be beaten easily using artificial intelligence or mathematics, it will not be possible because the dealer is much more likely to use something more sophisticated to win the casino, so don't expect luck and other things when gambling because it is clearly a mistake, It's true that every gambler can definitely become a millionaire, but not many of us will meet and be that lucky.
Luck indeed is often seen as a random and unpredictable force, and attributing success solely to luck can be misleading. The notion that luck comes to the right and chosen people adds an element of destiny to the concept. Emphasizing the enjoyment of gambling rather than solely focusing on winning is a healthy approach. Acknowledging that luck cannot be copied or predicted reinforces the idea that outcomes in gambling are not entirely within one's control.

The caution against expecting to beat the dealer easily, even with expertise in mathematics or the use of artificial intelligence, is reasonable. Casinos are designed with sophisticated systems to maintain an edge, making it challenging for individual strategies to consistently outperform. Maybe it's true that some people may become millionaires through gambling, but it's just a rare thing to happen. Gambling should be approached with a realistic understanding of the odds, and people should avoid relying solely on luck to achieve financial success.


Title: Re: Math and Gambling
Post by: zuzie on December 01, 2023, 10:13:58 PM

That's right, and I've also said before that gambling is just luck that anyone will get, be it a smart person, a rich person, a poor person, and only then will he achieve it, whether tomorrow or the day after, it's not certain that he will get it again.
Agree with you, if we consider gambling as entertainment for ourselves then we will enjoy the sensation in it, not to chase victory but to seek experience and pleasure.
However, if we make the mistake of gambling by being too obsessed with chasing victory, then it is true that we will definitely experience greed and that is very dangerous for our lives later.
Everyone can get lucky when the time comes but we will never know when the time will come when we can get lucky. But we also can't continue gambling because that will definitely require a lot of money so it can cause us to experience a lot of losses. Maybe we can manage our gambling time along with the allocated funds that we prepare so that we don't gamble too often while we wait for our luck to come. And after luck comes, we don't need to chase it anymore because we don't know whether luck is still with us in the next round or has gone. We only need to gamble enough so as not to lose a lot of money because that is a precaution we can take.

Your opinion is absolutely correct, anyone will get that luck and no one knows when that luck will come, therefore we gamblers try as hard as possible to maintain good behavior not to keep gambling to get that luck, because if we are too If we gamble a lot, we will experience big losses and it will be difficult for us to win. Limiting the amount of betting money is a good step to use in gambling when we lose, the money won't be too much and we won't be stressed thinking about the loss. And I agree with you that when we win at gambling we should stop for a moment, think about going home and gambling another day we can do it again.


Title: Re: Math and Gambling
Post by: temple on December 01, 2023, 11:14:46 PM
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

It depends!

In some games math won't help you at all, but in others like dice or cards they will help you a lot if you're good at math.
The idea behind this advantage consists of forming a set with all possible outcomes in a game and, from this set, quantifying the results that are favorable or not in a given outcome.
When the player has all the necessary information and is able to measure this outcome of probabilities, it is possible to check the proportion between favorable or unfavorable results and compare them with other game objectives to make the best bet, bluff or know if the opponent is bluffing, and in some cases even knows exactly what is the only possible outcome of a game that apparently has not yet been revealed.

If you are interested in this, I advise you to study Pascal's triangle... it is very useful when we want to know the number of ways in which we can select a number of elements from a set that has an equal or greater amount of elements. Before using mathematics to play, you need to know this important mathematical tool.

How does math help you with dice games? I am not very well versed in dice games, but are you talking about the simple versions that ask you to pick high or low and stuff like that?

I agree with you that certain mathematical basics and statistics specifically can help you with making decisions in some games. Poker is one of those examples. But since there are so many resources now that everyone can access for free, I think multiplayer games rarely give you an edge in most of the games because most of the people are aware of most of the important rules/mathematical laws.


Title: Re: Math and Gambling
Post by: lionheart78 on December 01, 2023, 11:29:28 PM
Your opinion is absolutely correct, anyone will get that luck and no one knows when that luck will come, therefore we gamblers try as hard as possible to maintain good behavior not to keep gambling to get that luck, because if we are too If we gamble a lot, we will experience big losses and it will be difficult for us to win. Limiting the amount of betting money is a good step to use in gambling when we lose, the money won't be too much and we won't be stressed thinking about the loss. And I agree with you that when we win at gambling we should stop for a moment, think about going home and gambling another day we can do it again.

Talking about luck, it comes to those players who keep on betting.  Once a player stop betting, they will never experience on getting lucky and winning huge amount.  A person does not need to sacrifice all his money for that lucky experience.  If the person is patient and smart enough, he can experience lucky winning if he doesn't quit his gambling activity.  A person just need to have self awarenes, bankroll management and time management all in all to minimize his gambling losses.

About math, the chance of winning can be calculated but when the winning will occur will never be determined.  Those who said they calculated the next spin for winning, is just exaggeraton to get people's attention especially when their means of living is through streaming or publications.


Title: Re: Math and Gambling
Post by: Quidat on December 01, 2023, 11:46:56 PM
Your opinion is absolutely correct, anyone will get that luck and no one knows when that luck will come, therefore we gamblers try as hard as possible to maintain good behavior not to keep gambling to get that luck, because if we are too If we gamble a lot, we will experience big losses and it will be difficult for us to win. Limiting the amount of betting money is a good step to use in gambling when we lose, the money won't be too much and we won't be stressed thinking about the loss. And I agree with you that when we win at gambling we should stop for a moment, think about going home and gambling another day we can do it again.

Talking about luck, it comes to those players who keep on betting.  Once a player stop betting, they will never experience on getting lucky and winning huge amount.  A person does not need to sacrifice all his money for that lucky experience.  If the person is patient and smart enough, he can experience lucky winning if he doesn't quit his gambling activity.  A person just need to have self awarenes, bankroll management and time management all in all to minimize his gambling losses.

About math, the chance of winning can be calculated but when the winning will occur will never be determined.  Those who said they calculated the next spin for winning, is just exaggeraton to get people's attention especially when their means of living is through streaming or publications.
So you shouldn't really be stopping? thats something a dangerous kind of principle because having this kind of mindset will actually make yourself that desperate and since you had fixed up yourself
in terms of mindset then you would eventually be playing further more until you would be losing it all and this is really that bad. When it comes on to math then there are really some connections in speaking about probabilities or some sort but keeping yourself that mindful even on those details wont really be that something to be relevant considering that luck would really be always a
great factor when it comes to this or gambling itself. This is why it would be ideal that you shouldn't really be bothering yourself with those numbers.


Title: Re: Math and Gambling
Post by: serveria.com on December 02, 2023, 12:01:29 AM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

Yes, I agree, in some games like poker for example, math can help you a lot. I have also heard about many poker personalities who are very good at math. Poker is actually based on math, there's even term "poker math". Poker is all about probability and statistics, so if you're good at math you should be able to quickly calculate the probability of your hand. The only thing which makes poker math harder is bluffing. So if you're good at bluffing you can potentially win a person who is good at math.  8)   


Title: Re: Math and Gambling
Post by: ethereumhunter on December 02, 2023, 05:12:30 AM
Luck cannot be sought because luck comes to the right and chosen people, that's why don't expect to get luck when gambling, let alone seeing other people lucky to get big wins, after all luck cannot be copied and that's why its arrival cannot be predicted. Playing gambling should be enjoyed, don't think too much that you can beat the dealer easily even if you are an expert in mathematics.

Everyone can feel confident that the dealer can be beaten easily using artificial intelligence or mathematics, it will not be possible because the dealer is much more likely to use something more sophisticated to win the casino, so don't expect luck and other things when gambling because it is clearly a mistake, It's true that every gambler can definitely become a millionaire, but not many of us will meet and be that lucky.
Yes, that's what happens because luck chooses people who deserve luck so that people can win the gambling game. We can only enjoy gambling properly as entertainment and not chase victory or try hard to win. That will be difficult to do because we will only get problem after problem that we may not be able to face and everything will be our fault for trying to chase victory. So it is true that even if we are experts in mathematics, we will find it difficult to beat the house because the casino is their business and we are just players trying to get entertainment from gambling.

It is difficult to beat the bookie because they own the business but even so, we as gamblers, can indeed win a little compared to the bookie. After getting that win, we should immediately leave the casino so that there is no desire to chase bigger wins, which will not be easy for us as gamblers. Only with luck can we beat the casino, but we won't always be able to get lucky because luck will always move to other people, and we don't know when it will be our turn to get lucky.

Your opinion is absolutely correct, anyone will get that luck and no one knows when that luck will come, therefore we gamblers try as hard as possible to maintain good behavior not to keep gambling to get that luck, because if we are too If we gamble a lot, we will experience big losses and it will be difficult for us to win. Limiting the amount of betting money is a good step to use in gambling when we lose, the money won't be too much and we won't be stressed thinking about the loss. And I agree with you that when we win at gambling we should stop for a moment, think about going home and gambling another day we can do it again.
Those of us who don't know when we can get lucky can only keep trying, but we also have to know how long we try in one day because our goal in gambling is not to get lucky but just to have fun. Let luck come to us while we just need to enjoy gambling and if today we are not lucky, we must immediately stop gambling before we end up spending all the money. That's why we must always use clear boundaries when playing gambling so that we are not influenced by anything we see while gambling so that we can stop gambling whenever we want. And after luck comes to us and helps us win the gambling game, it is better for us to stop immediately for a moment. That will save us from using the winnings and the capital we have from wanting to continue gambling because we hope for bigger wins.


Title: Re: Math and Gambling
Post by: tottong on December 02, 2023, 07:30:49 AM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math, 

That is not in line with most people who are good at mathematics can produce a lot of wins in gambling. In this world there are hundreds of people who are quite good at mathematics so that if that is the formula then we will see many of them can make money in gambling and maybe some people or just call it more luck by making mathematical studies applied in gambling. Besides, we also don't know how the mathematical relationship he uses in gambling so that the may not rely completely on mathematical formulas.

Half use the mathematical formula and the rest may remain in luck and even if it is bigger using the mathematical formula, it will be quite interesting to be invited and try to find out what kind of formula he uses, Because almost many people will not find formulas in gambling to produce consecutive wins consistently.


Title: Re: Math and Gambling
Post by: EluguHcman on December 02, 2023, 10:01:20 AM
In about 3 days ago, I went to the haircut saloon and had some Forex Traders discussing about the forex trading, one of them seems to be an expert trader who said he made over $1,500 in not more than hour simply because he follows the marketing line and taking advantage against the streams. You asked the once seems to be his junior traders to avoid the Fridays trades because he had studied the weeks candle chart and had examined that there would be flops.

About this, I clearly believed that he is a chronic mathematician who bases his calculations and probabilities on bypassing and boycotting of obstacles.
So there are certain tendencies to lead winning of such an expertised person if grounded in the gambling and employs such criterials in the gambling.
Hence you will understand the nature of the gambling program, ability to enumerating with the possible probability to win via historical charts and considering the reshuffling of recently structures of the game with technical necessity of plus and minus analogies.
However, a huge piece of "Lucks" stands more a consistent to who takes the winning in the gambles instead the mathematical terms is to enhance ones skills as individual benefits of wall to lead on as courage while sitted for gambling.


Title: Re: Math and Gambling
Post by: hedgeh0g on December 03, 2023, 01:10:18 PM
In about 3 days ago, I went to the haircut saloon and had some Forex Traders discussing about the forex trading, one of them seems to be an expert trader who said he made over $1,500 in not more than hour simply because he follows the marketing line and taking advantage against the streams. You asked the once seems to be his junior traders to avoid the Fridays trades because he had studied the weeks candle chart and had examined that there would be flops.

About this, I clearly believed that he is a chronic mathematician who bases his calculations and probabilities on bypassing and boycotting of obstacles.
So there are certain tendencies to lead winning of such an expertised person if grounded in the gambling and employs such criterials in the gambling.
Hence you will understand the nature of the gambling program, ability to enumerating with the possible probability to win via historical charts and considering the reshuffling of recently structures of the game with technical necessity of plus and minus analogies.
However, a huge piece of "Lucks" stands more a consistent to who takes the winning in the gambles instead the mathematical terms is to enhance ones skills as individual benefits of wall to lead on as courage while sitted for gambling.
I also only heard about the stock market that it is better to close all transactions on Fridays, because something that can't be predicted may happen over the weekend and the market will be closed.

A strategy for avoiding obstacles is one of the best methods in gambling and even trading, but I called it differently for myself - you need to strive not to win as most people do, but to take actions in order NOT to lose your money. It sounds almost like the same thing, but the meaning is radically different. This allows us to learn and make fewer and fewer mistakes each time. I applied this specifically to poker, where the math part is very important. Together, this approach allowed me to beat small limits, but I didn’t rise higher because I had to study with a coach, which I didn’t do.


Title: Re: Math and Gambling
Post by: zuzie on December 03, 2023, 01:25:39 PM

Talking about luck, it comes to those players who keep on betting.  Once a player stop betting, they will never experience on getting lucky and winning huge amount.  A person does not need to sacrifice all his money for that lucky experience.  If the person is patient and smart enough, he can experience lucky winning if he doesn't quit his gambling activity.  A person just need to have self awarenes, bankroll management and time management all in all to minimize his gambling losses.

About math, the chance of winning can be calculated but when the winning will occur will never be determined.  Those who said they calculated the next spin for winning, is just exaggeraton to get people's attention especially when their means of living is through streaming or publications.

Yes, if you can't stop for a moment then you will continue to experience a very serious addiction because you will place irregular or excessive bets, but if you try to stop when you are lucky then you will soon enjoy the results happily. Indeed, when gambling, a person must have self-awareness when gambling so as not to make fatal mistakes and harm himself.

If someone says that he is able to calculate winnings in gambling, in my opinion this belief is still very doubtful, because no one can really guess or predict a win, and that is a delusion that an addict has.

Those of us who don't know when we can get lucky can only keep trying, but we also have to know how long we try in one day because our goal in gambling is not to get lucky but just to have fun. Let luck come to us while we just need to enjoy gambling and if today we are not lucky, we must immediately stop gambling before we end up spending all the money. That's why we must always use clear boundaries when playing gambling so that we are not influenced by anything we see while gambling so that we can stop gambling whenever we want. And after luck comes to us and helps us win the gambling game, it is better for us to stop immediately for a moment. That will save us from using the winnings and the capital we have from wanting to continue gambling because we hope for bigger wins.
Yes, we have to know the time limits and stakes in gambling so that we don't just hope for luck but for entertainment for ourselves. Apart from that, good self-control is also needed to perfect good behavior when gambling, which is useful for minimizing the risks of gambling and preventing us from becoming addicted.


Title: Re: Math and Gambling
Post by: YOSHIE on December 03, 2023, 01:39:57 PM
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
If you talk about Mathematics and gambling, this can be seen from an application point of view called probability or experimentation, not all types of bets can be calculated using mathematical methods, Yes, some gamblers think that the properties used in the mathematical method can be said to be theoretical, even though some actually have an impact on facts.

Maybe we will often see the resulting events which are often used in mathematics such as dice games, we often see dice having properties in the form of numbers, other types of games such as roulette, lottery, poker, blackjack because all these games are always calculated based on the numbers that are bet and also by combinations of numbers, as far as I know, these are gambling games that are often combined between mathematics and gambling.


Title: Re: Math and Gambling
Post by: tjtonmoy on December 03, 2023, 01:58:59 PM
It is not like that when you become good at math you can win every poker bet. It only increases the chances of your winnings. Even with this "skill", luck plays a huge role when it comes to gambling. Being good at mathematics only gives you a boost that you can use to calculate the probability and win more often. But that does not give you the ability to win each and every bet.

This calculation is called card counting if I am not wrong. It required practice and time to master it. Then again, when you become good at it, you will be restricted from many platforms as this harms their business. Stop chasing something that only takes you deeper into the abyss. Enjoy the process as it is meant to be for entertainment purpose. The internet will only show your their wins but not the losses.


Title: Re: Math and Gambling
Post by: FinneysTrueVision on December 04, 2023, 01:32:15 AM
There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

For being the greatest gambler ever, his Wikipedia page (https://en.wikipedia.org/wiki/Jim_Simons_(mathematician)) makes no mention of anything related to gambling. The vast majority of James Simons' wealth comes from investments and being a hedge fund manager. He has been successful at creating investment strategies by developing mathematical models and analyzing patterns. While investing in financial markets can be seen as a form of gambling it is not the same thing in the traditional way that most people understand gambling.


Title: Re: Math and Gambling
Post by: mirakal on December 04, 2023, 05:11:31 AM
This calculation is called card counting if I am not wrong. It required practice and time to master it. Then again, when you become good at it, you will be restricted from many platforms as this harms their business. Stop chasing something that only takes you deeper into the abyss. Enjoy the process as it is meant to be for entertainment purpose. The internet will only show your their wins but not the losses.

Nowadays that the seccurity system is already very sophisticted, I don't think someone could do this to a casino, maybe before but it cannot be working now. If we want to use our skills in math, we should do it the right way, a way to win and at the same time we won't violate the rules of a casino.

Casino is a thriving business, it's a big industry where it's growth every year is impressive, so that simply means they are consistent making money and they won't allow any cheating to ruin their business trend.


Title: Re: Math and Gambling
Post by: Rabata on December 04, 2023, 06:30:02 AM
I am not very good at math and I don't even need to because it's not my thing, and I hate games that have something to do with math, this is why I am bad at solving puzzles at times but not all, I prefer the simplest games on online casinos, like completing a mission, or rolling dices, or slots.
If there is no luck in gambling, no math will help. No matter how well we research but that can not assist our gambling to win. Initially, data analysis is important in sports betting, but in practically, the opposite picture is often seen. There is no chance to call it unusual because we know that betting is associated with luck. I don't think a gambler will get much gambling if he relies only on math. Because we often see how a weak team wins against a big in various sports. Moreover, in order to win big, a gambler must take risks and bet in favor of the weaker team, otherwise he will not win big. Here the calculation will not be effective. I would say that both luck and math are needed.


Title: Re: Math and Gambling
Post by: tjtonmoy on December 04, 2023, 02:33:13 PM
Nowadays that the seccurity system is already very sophisticted, I don't think someone could do this to a casino, maybe before but it cannot be working now. If we want to use our skills in math, we should do it the right way, a way to win and at the same time we won't violate the rules of a casino.

Casino is a thriving business, it's a big industry where it's growth every year is impressive, so that simply means they are consistent making money and they won't allow any cheating to ruin their business trend.
For your information, card counting is not cheating. Rather it's an ability or some call it a skill. The casino owners do not let you use it in their platforms because it will bring loss to their business. And who in their right mind would want to make a loss in business? My point was in the previous post that you don't need to be so good at something that people will fear you. They will outcast you just because you are different from them.

Gambling is for entertainment and it should stay like that. If you run after skills and money to win in gambling, you will lose the sensation of enjoyment in that process.


Title: Re: Math and Gambling
Post by: wxa7115 on December 06, 2023, 02:06:13 AM
There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

For being the greatest gambler ever, his Wikipedia page (https://en.wikipedia.org/wiki/Jim_Simons_(mathematician)) makes no mention of anything related to gambling. The vast majority of James Simons' wealth comes from investments and being a hedge fund manager. He has been successful at creating investment strategies by developing mathematical models and analyzing patterns. While investing in financial markets can be seen as a form of gambling it is not the same thing in the traditional way that most people understand gambling.
The mathematicians that found a new method to make money while gambling have gone to become great investors on their own right.

This is the case as well of Edward Thorp, which is the creator of card counting, however he probably earned more money with the book he wrote than by using his card counting method, and eventually he became a hedge fund manager and earned a fortune on the markets with a new method that he designed himself as well.


Title: Re: Math and Gambling
Post by: Hirose UK on December 06, 2023, 02:52:52 AM
~snip~
The mathematicians that found a new method to make money while gambling have gone to become great investors on their own right.
Investment is one of the best ways to save money and make profit without working or you could say using money to make money, that way every rich person or person with large assets will multiply their wealth in an investment.
They use this method to be able to make certain amount of money more definitely and consistently so maybe they just use gambling as place to have fun, after all I sure they already get lot of sweetness from gambling.

Quote
This is the case as well of Edward Thorp, which is the creator of card counting, however he probably earned more money with the book he wrote than by using his card counting method, and eventually he became a hedge fund manager and earned a fortune on the markets with a new method that he designed himself as well.
Yes, Edward Thorp is mathematics professor and he is also a hedge fund manager and Blackjack researcher.
He has quite large fortune and of course his experience in gambling is beyond doubt, especially in all types of card games, he can make more wins than his ability but after all his achievements it seems he will not do it again.
Edward Thorp is known as mathematics professor who produced many formulas and methods for calculating cards and also using correlations to get decent financial profits.


Title: Re: Math and Gambling
Post by: Ricardo11 on December 06, 2023, 06:33:22 AM
You can't win gambling if you only know math. Gambling requires luck to win. Because we have seen that sometimes strong teams lose to weak teams. So it is wrong to say that only maths is required to win at gambling, you need both luck, maths and skill to win at gambling.


Title: Re: Math and Gambling
Post by: Gozie51 on December 06, 2023, 07:25:14 AM
You can't win gambling if you only know math. Gambling requires luck to win. Because we have seen that sometimes strong teams lose to weak teams. So it is wrong to say that only maths is required to win at gambling, you need both luck, maths and skill to win at gambling.

Quote
math and gambling seems to go with each other, what do you guys think? Am I wrong or right?


Like Op eventually said, they both could go with each other and not one alone for the other.

Maths can be used for certain games though like for poker games or cards and a few others but definitely not for majority of gambling games. For example in sports, you can't rely on maths alone, you need the calculations if at all to know the goal strength of players, teams home and away but the football skill and knowledge you have is very important to your gambling success too. So maths and skills are not in isolation from each other.



Title: Re: Math and Gambling
Post by: Ever-young on December 06, 2023, 08:16:02 AM
You can't win gambling if you only know math. Gambling requires luck to win. Because we have seen that sometimes strong teams lose to weak teams. So it is wrong to say that only maths is required to win at gambling, you need both luck, maths and skill to win at gambling.

You might want to narrow your point down to the aspect of sport or game you have in mind. You can say that for soccer or a few other sports but not all games, there are games that does require more skill and less luck. Poker or Blackjack for instance, you sure need a high level of math skill and less luck. With the help of maths in poker, you can easily calculate your way to victory, it'll make it easier for you to calculate your opponent's next move before he even makes them. So yeah there are certain games you need to depend more on your maths skills rather than just luck.


Title: Re: Math and Gambling
Post by: ethereumhunter on December 06, 2023, 10:57:38 AM
Yes, we have to know the time limits and stakes in gambling so that we don't just hope for luck but for entertainment for ourselves. Apart from that, good self-control is also needed to perfect good behavior when gambling, which is useful for minimizing the risks of gambling and preventing us from becoming addicted.
It is very difficult to hope for luck in gambling. We have to be aware of this and always use clear boundaries when gambling so that we don't lose more money when gambling. If we can have good self-control when gambling, we can reduce the risk of losing money and will always stay within limits because we don't want to see ourselves lose even more. Apart from that, we also have to avoid gambling addiction, which even makes people unable to quit gambling. That is why we must continue to practice self-control while gambling so that we don't experience problems that we don't want.


Title: Re: Math and Gambling
Post by: bluebit25 on December 06, 2023, 11:17:00 AM
In fact, we still see a few in life mentioned as winners, so any game needs elements such as knowing, understanding, applying, creating,... And gambling also requires learning to become a professional player as well as having a high winning rate. I remember when I was in high school, my teacher once told us the odds of winning on coins, but we tend to lose more than we win, so understanding the game helps we eliminate the odds of losing a lot.
I believe that defeat sometimes teaches people many good things that people can't learn by winning multiple times. For those who can learn from some defeats, those defeats are fine, but for those who defeat has become a habit, that is, those who continue to lose one after another, but this defeat is terrible. When one or two defeats come after a few successful wins, we have to take those defeats as normal but if we keep losing one after another then we must realize that we must have had enough mistakes in our strategy. If more defeats accompany us then we should take a break and find out our weak points and work on them. By taking a break and finding the weak point, when he works on the weak point, we can win the game again.
That advice only applies when your are playing a game in which your skill can affect your results, as trying to do this in a game like slots makes no sense, you could learn how not to bet too much on that game and avoid letting your emotions take control of you when you gamble, but that is it.

When it comes to those games there is not really a strategy you can devise to beat them, and you must content yourself simply with the joy you can get out of them.
Even knowing the game well only brings defeat, and an instant victory can ease the tension. For those who come to gambling to relax, they don't care too much about the results, because experiencing the atmosphere of the game really helps them relieve stress.
I have also seen some instructions on how to cheat during gambling or even forms of technical analysis to increase the odds,... but in the end, with gambling, I always stick to being relaxed, so I don't think too much about whether I lose or win. Although I have also experienced many different levels of gambling, and sometimes I find people a bit too complicated about issues in this area, think of it as a concert, and the amount of money we spend is the cost.


Title: Re: Math and Gambling
Post by: Porfirii on December 06, 2023, 11:42:19 AM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

That's because poker is very different from other gambling games based on pure luck. In poker, skill weights more than other factors (like 80% if I'm not wrong), so that's why some individuals excel the way you said.

But math's won't help you make money in other pure gambling games like roulette, dice, crash, slots...


School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

Not everything in your life is meant to be used to make money. If that's your main goal in your life, I think that you're losing something really valuable.

It is true that in school they don't teach you some interesting practical things that one must learn on his own, but that's not a reason to say that school is not important.


Title: Re: Math and Gambling
Post by: piebeyb on December 06, 2023, 11:45:49 AM
You can't win gambling if you only know math. Gambling requires luck to win. Because we have seen that sometimes strong teams lose to weak teams. So it is wrong to say that only maths is required to win at gambling, you need both luck, maths and skill to win at gambling.
I don't know why people always think that mathematics can beat the dealer in casino games or other games, I'm actually not sure about that because I often try various strategies and my mathematical skills to try to beat the dealer in several casino games, but in the end I only win a little and experience more losses, but that's not the real purpose of my gambling, I just have fun at gambling.

So I won't take it too seriously with every defeat I get, I'm just sharing a little of my experience where I used mathematics to beat the dealer but it never worked, it's best not to do it because it would just be a waste in my opinion, everything is as you said Back again to the luck of each gambler, it doesn't matter how good you are at analyzing or good at mathematics, it's still the lucky ones who win.


Title: Re: Math and Gambling
Post by: Vaculin on December 06, 2023, 01:16:56 PM
It's not all the time that math can do wonders in gambling, but I must admit that if you have good skills in math, the rate of winning is high. Although gambling is mostly all about luck, but having a good analysis in math also adds to your luck which if combined together, you will gain positive outcome from gambling.

However, I don't encourage everyone that if you are good in math, do maximal gambling. That is very wrong. Still, gamble on the amount you are comfortable of losing as gambling never guarantees the bettors to win consistently.


Title: Re: Math and Gambling
Post by: Slow death on December 06, 2023, 01:23:41 PM
In all the things we do, when we do them with knowledge they become simpler, but this does not mean that we will have guaranteed results, in the case of gambling, knowing mathematics and being able to obtain a lot of information about the game we want to place a bet on if we place a bet. advantage, but it is not something that guarantees profit or constant victories. I read somewhere that certain casinos have customer lists and they ban these customers due to the fact that they are people who are constantly winning a lot of money in these casinos, this means that these people who are winning a lot of money in the casino are very skilled people, and When we talk about skills to win at games of chance, we are also talking about people with good knowledge of mathematics

Now we need to ask ourselves why the people who are sent away from casinos because they constantly win a lot of money are people who play card-related games, probably the answer is because in card games mathematics and other well-implemented strategies can do with a person achieving consecutive victories, while in other games of chance, things are much more complicated, in lottery and slot games it is useless to be a very skilled person in mathematics, in sports betting the same thing, so I would say that In general, it is useless to think that mathematics would be very advantageous in gambling, it will only be useful in some games


Title: Re: Math and Gambling
Post by: hedgeh0g on December 06, 2023, 02:02:15 PM
It's not all the time that math can do wonders in gambling, but I must admit that if you have good skills in math, the rate of winning is high. Although gambling is mostly all about luck, but having a good analysis in math also adds to your luck which if combined together, you will gain positive outcome from gambling.

However, I don't encourage everyone that if you are good in math, do maximal gambling. That is very wrong. Still, gamble on the amount you are comfortable of losing as gambling never guarantees the bettors to win consistently.
Strong mathematical knowledge tips the scales in gambling towards our victory more than those who don't have such knowledge. We must also remember the concept of mathematical expectation and understand that the marathon of betting in gambling lasts for us throughout our lives, even if we have breaks of several years. And it is important what the result will be: for some it will be a huge minus, for others it will be a small minus, and for the luckiest ones, who understand mathematics and have complete control over their emotions, they will complete the marathon with a profit. Of course everyone wants to be like that, which is not surprising.


Title: Re: Math and Gambling
Post by: Aanuoluwatofunmi on December 06, 2023, 02:10:17 PM
While we are gambling, we need to be very calculative, there are instances or some certain situations that we need to have the mathematical calculations in making some bet on related games where such is applicable or needed, however, we should not also always rely on the fact that what we have calculated is always right because sometimes things doesn't work from the way we see them or apply solution to them, but we just need to be calculative in gambling because it will still helps in other ways.


Title: Re: Math and Gambling
Post by: zuzie on December 06, 2023, 02:23:13 PM
Yes, we have to know the time limits and stakes in gambling so that we don't just hope for luck but for entertainment for ourselves. Apart from that, good self-control is also needed to perfect good behavior when gambling, which is useful for minimizing the risks of gambling and preventing us from becoming addicted.
It is very difficult to hope for luck in gambling. We have to be aware of this and always use clear boundaries when gambling so that we don't lose more money when gambling. If we can have good self-control when gambling, we can reduce the risk of losing money and will always stay within limits because we don't want to see ourselves lose even more. Apart from that, we also have to avoid gambling addiction, which even makes people unable to quit gambling. That is why we must continue to practice self-control while gambling so that we don't experience problems that we don't want.

And most gamblers cannot predict their own winnings but are obsessed with getting them in the wrong way, namely being greedy and lacking self-awareness when gambling.
That's right, good self-control is very important and beneficial for ourselves to reduce the big risk in gambling, namely losing a lot of money and preventing us from addictive behavior. and this needs to be done by gamblers so that they play in a relaxed manner and don't overdo it.


Title: Re: Math and Gambling
Post by: ethereumhunter on December 07, 2023, 06:43:28 AM
And most gamblers cannot predict their own winnings but are obsessed with getting them in the wrong way, namely being greedy and lacking self-awareness when gambling.
That's right, good self-control is very important and beneficial for ourselves to reduce the big risk in gambling, namely losing a lot of money and preventing us from addictive behavior. and this needs to be done by gamblers so that they play in a relaxed manner and don't overdo it.
Gamblers can only keep trying to win their gambling games without knowing when they will win and if they become more and more obsessed with getting that win, gradually they will become addicted to gambling that they will not realize. And they also won't count how much money they have used for gambling because their goal has changed to just wanting to win from gambling. They should be able to realize this by losing a lot and be able to calculate the amount of money they have lost in gambling. They shouldn't need to use a lot of money to gamble because after all, gambling is just entertainment that doesn't need to be taken too seriously.


Title: Re: Math and Gambling
Post by: zuzie on December 07, 2023, 07:15:35 AM
And most gamblers cannot predict their own winnings but are obsessed with getting them in the wrong way, namely being greedy and lacking self-awareness when gambling.
That's right, good self-control is very important and beneficial for ourselves to reduce the big risk in gambling, namely losing a lot of money and preventing us from addictive behavior. and this needs to be done by gamblers so that they play in a relaxed manner and don't overdo it.
Gamblers can only keep trying to win their gambling games without knowing when they will win and if they become more and more obsessed with getting that win, gradually they will become addicted to gambling that they will not realize. And they also won't count how much money they have used for gambling because their goal has changed to just wanting to win from gambling. They should be able to realize this by losing a lot and be able to calculate the amount of money they have lost in gambling. They shouldn't need to use a lot of money to gamble because after all, gambling is just entertainment that doesn't need to be taken too seriously.

Yes, just try and hope to win, gamblers will do anything to make their wishes come true, even if they behave badly or wrongly they will do it and this has been proven to be done by gamblers when they are in casinos without them realizing it. they will lose control and gamble without any restrictions.
That's right, gamblers don't need to spend a lot of money to bet, it's better to just be satisfied with what they have, so that they can enjoy every game they play in a relaxed and unforced manner then they will enjoy the sensation of gambling, namely getting entertainment and thinking that win or lose is bound to happen.


Title: Re: Math and Gambling
Post by: Hispo on December 07, 2023, 04:43:59 PM
While we are gambling, we need to be very calculative, there are instances or some certain situations that we need to have the mathematical calculations in making some bet on related games where such is applicable or needed, however, we should not also always rely on the fact that what we have calculated is always right because sometimes things doesn't work from the way we see them or apply solution to them, but we just need to be calculative in gambling because it will still helps in other ways.

In my opinion, I do not see how calculating could actually help to when co.es to gambling (beyond budget management, so we do not completely lose our bankroll). Have you ever read about the laws of the probabilities of the Gaussian distribution of chances? Those principles only help you to understand what are the actual chances of getting a specific outcome, that information is already given to all of us when we partake in gambling or sportbetting.
The only application I can think of of the laws of changes/probabilities is to verify whether a specific game or set of gambling sessions are being tampered with in favor of the house or the gambler. It would be a simple comparation of distribution of chances in a Gauss bell.


Title: Re: Math and Gambling
Post by: leonair on December 07, 2023, 05:05:51 PM
While we are gambling, we need to be very calculative, there are instances or some certain situations that we need to have the mathematical calculations in making some bet on related games where such is applicable or needed, however, we should not also always rely on the fact that what we have calculated is always right because sometimes things doesn't work from the way we see them or apply solution to them, but we just need to be calculative in gambling because it will still helps in other ways.

In my opinion, I do not see how calculating could actually help to when co.es to gambling (beyond budget management, so we do not completely lose our bankroll). Have you ever read about the laws of the probabilities of the Gaussian distribution of chances? Those principles only help you to understand what are the actual chances of getting a specific outcome, that information is already given to all of us when we partake in gambling or sportbetting.
The only application I can think of of the laws of changes/probabilities is to verify whether a specific game or set of gambling sessions are being tampered with in favor of the house or the gambler. It would be a simple comparation of distribution of chances in a Gauss bell.
I really don't know how much it is possible to win bets by placing bets with mathematical calculations.  When you bet for any sports you need to look at previous matches and pick a potential team.  So mathematical calculations will not be very useful here.  On the other hand, when you play casino games, the games that are played with cards will come randomly, so you cannot improve much by doing mathematical calculations here.  On the other hand, the ones you have to play against the machine will play you with its own algorithm so you cannot win by mathematical calculation from there.  So I don't think mathematical calculations will be helpful for gambling


Title: Re: Math and Gambling
Post by: ethereumhunter on December 08, 2023, 08:40:26 AM
Yes, just try and hope to win, gamblers will do anything to make their wishes come true, even if they behave badly or wrongly they will do it and this has been proven to be done by gamblers when they are in casinos without them realizing it. they will lose control and gamble without any restrictions.
That's right, gamblers don't need to spend a lot of money to bet, it's better to just be satisfied with what they have, so that they can enjoy every game they play in a relaxed and unforced manner then they will enjoy the sensation of gambling, namely getting entertainment and thinking that win or lose is bound to happen.
Hopefully, we won't be like those who do anything just to win from gambling. We won't realize the mistakes we have made if we are in a condition like them because we won't realize it. That is why we must continue to maintain good self-control so that we do not gamble excessively. This is also to reduce the number of losses we can experience because by gambling within limits, we will know when it is time to stop gambling.

Yes, we as gamblers should be able to enjoy gambling as entertainment and not chase wins that are definitely difficult to get. We have also seen that many people try it but most of them fail and they can't even win at all and lose all their money. And if we can enjoy gambling as entertainment, we can use our free time to gamble until the time to stop comes. Who knows, by using gambling as entertainment, we can win even if it's not a big win.


Title: Re: Math and Gambling
Post by: summonerrk on December 08, 2023, 05:23:41 PM
It is quite possible that among all of us there are those who are excellent at mental arithmetic, and there are many films about this, where people with such abilities are well prepared and go to win at the casino. Sometimes they even form groups to make it easier to earn money this way.
But we should not exclude the fact that the casino security service employs people with an excellent analytical mind. And their main duty is to ban players who can make losses for the casino with their minds.


Title: Re: Math and Gambling
Post by: madnessteat on December 08, 2023, 05:36:33 PM
You can't win gambling if you only know math. Gambling requires luck to win. Because we have seen that sometimes strong teams lose to weak teams. So it is wrong to say that only maths is required to win at gambling, you need both luck, maths and skill to win at gambling.
Not all gamblers know complicated maths but many knows only the basic like knowing the odds and calculating if how much rolls they can do to their designated capital. Despite of that, they can still be able to win because all of us has a luck and luck can come naturally. Maybe some are also skilful. That can contribute as well.

Skills and maths are I think more important in some gambling games, or gambling categories (e.g sports betting). While for the other, luck is the one that is more important. This is why it is being preferred by the many because it is effortless. And we know that it's natural for us humans to be lazy and poor in critical thinking :D.

Of course knowledge of math and good memory give a gambler an advantage over other players, but as I think not all of us can have such skills. I do not know if they can be trained, but I tried as much as I have not succeeded. I only increased my level thanks to a more restrained approach to gambling and accepting losses.


Title: Re: Math and Gambling
Post by: Accardo on December 08, 2023, 05:40:07 PM
You can't win gambling if you only know math. Gambling requires luck to win. Because we have seen that sometimes strong teams lose to weak teams. So it is wrong to say that only maths is required to win at gambling, you need both luck, maths and skill to win at gambling.
Not all gamblers know complicated maths but many knows only the basic like knowing the odds and calculating if how much rolls they can do to their designated capital. Despite of that, they can still be able to win because all of us has a luck and luck can come naturally. Maybe some are also skilful. That can contribute as well.

Skills and maths are I think more important in some gambling games, or gambling categories (e.g sports betting). While for the other, luck is the one that is more important. This is why it is being preferred by the many because it is effortless. And we know that it's natural for us humans to be lazy and poor in critical thinking :D.

Yeah, mathematics has a gambling formula, in which mathematicians use probability to decide whether to place a bet or not. Especially in sports games. I've been around some mathematical forums where dice are manipulated using mathematical formulas. The odds are also calculated using math. This shows how glued gambling is to mathematics. It only gets better for intelligent mathematicians who can apply simple formulas before staking bets. Although not all games like blackjack can be won using mathematical methods. However, it requires time to become an expert in using those formulas. Not every gambler can utilize such an advantage in gambling. But, like Op said many gamblers quite have higher chances of winning big in gambling, using math. Luck is for nonmathematical experts, who still comprise of a huge number of gamblers across the world. However, those math experts still lose out in gambling, not that their formulas always predict games the right way.


Title: Re: Math and Gambling
Post by: mvdheuvel1983 on December 08, 2023, 05:45:16 PM

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
Hey mate, I do not know about math and gambling but this I know is that with all the knowledge of math any gambler without a proper bank roll management, risk management, time management will still lose. If you know math and choose to wager with money that you cannot afford to lose, you will still lose and be in a bad shape.

Right now, gambling is all for fun. Those who use some mathematical formula for gambling are not having fun. For them gambling is a profession or a career where they have to win. It is a source of income for them. I don't do that. I stay within my gambling limits and strategies and leave whether I win or lose.



Title: Re: Math and Gambling
Post by: qwertyup23 on December 08, 2023, 05:51:02 PM
It is quite possible that among all of us there are those who are excellent at mental arithmetic, and there are many films about this, where people with such abilities are well prepared and go to win at the casino. Sometimes they even form groups to make it easier to earn money this way.
But we should not exclude the fact that the casino security service employs people with an excellent analytical mind. And their main duty is to ban players who can make losses for the casino with their minds.

I do think that Math plays a huge part in knowing the probabilities of each game. With this in mind, you can at least be knowledgeable on what cards that are most likely to appear by basing your decision on the highest chance of draw.

While this may be possible like what OP mentioned, in reality, this is very difficult to master and it requires tremendous knowledge and calculation on the part of the person gambling. Again, if it were that easy, then everyone would have done it by now and majority of these gamblers would be rich.

Though this may be the case, I do think that we should NOT use this as our basis in gambling. While math may be applied, the reality is that only 1% of the population would profit from gambling by employing such technique.


Title: Re: Math and Gambling
Post by: Woodie on December 08, 2023, 06:07:52 PM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,
Jesus....
Computer science,PHD what do we expect..the man knows his math and Am officially a fan of this guy but his reputation is dented with those Ponzi scheme allegations of swindling other poker players ::)!!

I think it's safe to say everything we do has math in it and the fact that pro gamblers use it shows the numbers do stack up in their favour and by the way, whatever strategy these guys use is pretty much dressed as math in disguise and not luck, luck is for armatures  :P

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
Totally agree, very few of us know how to crunch up the numbers to use math to our advantage as we have been made to rely on luck which isn't the case, let's learn the art of making our own luck and this comes as a result of math a reason why strategies such as arbitrage are successful is because the math works  8)


Title: Re: Math and Gambling
Post by: wiss19 on December 08, 2023, 08:38:35 PM
It is quite possible that among all of us there are those who are excellent at mental arithmetic, and there are many films about this, where people with such abilities are well prepared and go to win at the casino. Sometimes they even form groups to make it easier to earn money this way.
But we should not exclude the fact that the casino security service employs people with an excellent analytical mind. And their main duty is to ban players who can make losses for the casino with their minds.
Movies are fictional, and most of the things shown in them are imaginative thinking and creation and not what can happen in the real world. However, I do agree that there can be some games in gambling where a sharp-minded person might have an advantage over someone normal, but that doesn't mean that a person who has a lot of mathematical skills will be able to make calculations and beat the house every single time, that's at least not possible in an online gambling platform because of the results being cryptographically and randomly generated using seeds and RNGs.

So, I don't believe that a person can win a lot of money in gambling if they are good at mathematics or calculations or just have sharp and good memories, gambling, especially gambling games, is based on luck and one can only be successful in them if they are extremely lucky.


Title: Re: Math and Gambling
Post by: goxcraft on December 08, 2023, 08:53:32 PM
I always wondered is gambling purely a game of luck. But now that you have created this topic I began to question myself. You are correct. Math has a big role in gambling. When we talk about winning and loosing probability, math comes first. I think gambling and math co exist for each other. But there is another problem. We are not that genius like the people you mentioned earlier, Chris Ferguson or James Simons. They were born genius. It's not something we can master in a day. Ever since I was a kid I was very weak at math.





Title: Re: Math and Gambling
Post by: Westinhome on December 08, 2023, 08:59:00 PM
Movies are fictional, and most of the things shown in them are imaginative thinking and creation and not what can happen in the real world. However, I do agree that there can be some games in gambling where a sharp-minded person might have an advantage over someone normal, but that doesn't mean that a person who has a lot of mathematical skills will be able to make calculations and beat the house every single time, that's at least not possible in an online gambling platform because of the results being cryptographically and randomly generated using seeds and RNGs.

So, I don't believe that a person can win a lot of money in gambling if they are good at mathematics or calculations or just have sharp and good memories, gambling, especially gambling games, is based on luck and one can only be successful in them if they are extremely lucky.

The movie are not all of them was made only by the imagination,this generation had the unique ability to recreate the original incident in to the movie.The gamblers who want to shine in the gambling had no other option then making the risk in the game.Some of the gamblers will be inactive in the gambling after some loss in the game.The important factor was the gamblers should not inactive for the longer period,then it leads to the forgot of their own tactics to the gambling.The tactical move in the gambling plays huge role in the gambling,So the gamblers can make the big win using the tactics in the gambling site.


Title: Re: Math and Gambling
Post by: swogerino on December 08, 2023, 09:38:35 PM
I always wondered is gambling purely a game of luck. But now that you have created this topic I began to question myself. You are correct. Math has a big role in gambling. When we talk about winning and loosing probability, math comes first. I think gambling and math co exist for each other. But there is another problem. We are not that genius like the people you mentioned earlier, Chris Ferguson or James Simons. They were born genius. It's not something we can master in a day. Ever since I was a kid I was very weak at math.





Well I think math and statistic together with probability which now is a profession that we call a "Data scientist" which in the end of the day is just an advanced statistician can help especially in sport betting if you are crazy enough to keep track of all results of every single week of the games where you place the bets the most.I know statistics are just that statistics but sometimes those help you decide to go for money line,over or both teams to score for example,or if a certain team has never or almost never won a head to head with another team you can place a huge bet on that team to "win to nil no" bet.In the end though luck is prevalent and without it you can be the greatest scientist on earth,or greatest math practitioner and you will still lose.


Title: Re: Math and Gambling
Post by: letteredhub on December 08, 2023, 09:53:58 PM
It is quite possible that among all of us there are those who are excellent at mental arithmetic, and there are many films about this, where people with such abilities are well prepared and go to win at the casino. Sometimes they even form groups to make it easier to earn money this way.
But we should not exclude the fact that the casino security service employs people with an excellent analytical mind. And their main duty is to ban players who can make losses for the casino with their minds.
There are casino games that requires great indeptt of mathematical knowledge,  that if the gambler has so much prowess in mathematics he will most often win the house in their own game. And casinos are always suspicious of those accounts.
The ending part of your comment @summonerrk, is nothing but a bitter-truth that in any form it takes the house always has the hedge over the gambler and they will do everything necessarily possible to keep it that way even if it means banning the gambler (who has been constantly winning) from using their site because they see the account  as bad business to the casino.


Title: Re: Math and Gambling
Post by: wheelz1200 on December 08, 2023, 10:00:41 PM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

Poker is a more a sport than gambling.  Yes there are odds (math) that ypu need to kmwo if ypu are gonna win successfully at poker and it can be done.  I put poker in a whole other subject than true gambling like sports betting, slots, roulette etc.  Those you are betting against the house which always has the odds in theor favor and poker ypu are playing against other players.  Huge difference.


Title: Re: Math and Gambling
Post by: lionheart78 on December 08, 2023, 10:15:13 PM
You can't win gambling if you only know math. Gambling requires luck to win. Because we have seen that sometimes strong teams lose to weak teams. So it is wrong to say that only maths is required to win at gambling, you need both luck, maths and skill to win at gambling.
Not all gamblers know complicated maths but many knows only the basic like knowing the odds and calculating if how much rolls they can do to their designated capital. Despite of that, they can still be able to win because all of us has a luck and luck can come naturally. Maybe some are also skilful. That can contribute as well.

A gambler is able to win because of the chance to hit the probability of winnings.  No one can precisely calculate if the will win the roll or not, what they can calculate is the percentage of winnings or the probability statistics to win a roll.

Skills and maths are I think more important in some gambling games, or gambling categories (e.g sports betting). While for the other, luck is the one that is more important. This is why it is being preferred by the many because it is effortless. And we know that it's natural for us humans to be lazy and poor in critical thinking :D.

If you consider self-discipline as a skill then yes, it is very important in any gambling game.  Responsible gambling is the one that will make us avoid financial problems and those gambler who is able to maintain their financial capability can enjoy the gambling activity more.

If math is very important in gambling and the calculation of the possibility of winning, no one should be playing slots because the chance of winning there is somehow very low especially if we stake to one slot game too much.  In sports betting, analysis is the most important.  Obviously math is needed since we have to calculate the percentage of each teams statistics.


Title: Re: Math and Gambling
Post by: Litzki1990 on December 09, 2023, 04:07:30 AM
While we are gambling, we need to be very calculative, there are instances or some certain situations that we need to have the mathematical calculations in making some bet on related games where such is applicable or needed, however, we should not also always rely on the fact that what we have calculated is always right because sometimes things doesn't work from the way we see them or apply solution to them, but we just need to be calculative in gambling because it will still helps in other ways.
We definitely need accounting on the way in life, but we can all do accounting as much as we need accounting. I am a gambler and I gamble, gambling requires accounting but I don't see the need for so much accounting. The amount of calculation required in gambling is generally known to everyone and can be done by everyone. From what I have experienced, it seems to me that there is no way to say that someone who has no understanding of mathematics cannot gamble, rather a gambler with no understanding of mathematics can gamble if he has basic arithmetic skills. I have learned a lot of maths since childhood but we don't need it, we only need some simple addition, simple subtraction, simple multiplication, simple division.


Title: Re: Math and Gambling
Post by: zuzie on December 09, 2023, 06:28:42 AM
Yes, just try and hope to win, gamblers will do anything to make their wishes come true, even if they behave badly or wrongly they will do it and this has been proven to be done by gamblers when they are in casinos without them realizing it. they will lose control and gamble without any restrictions.
That's right, gamblers don't need to spend a lot of money to bet, it's better to just be satisfied with what they have, so that they can enjoy every game they play in a relaxed and unforced manner then they will enjoy the sensation of gambling, namely getting entertainment and thinking that win or lose is bound to happen.
Hopefully, we won't be like those who do anything just to win from gambling. We won't realize the mistakes we have made if we are in a condition like them because we won't realize it. That is why we must continue to maintain good self-control so that we do not gamble excessively. This is also to reduce the number of losses we can experience because by gambling within limits, we will know when it is time to stop gambling.

Yes, we as gamblers should be able to enjoy gambling as entertainment and not chase wins that are definitely difficult to get. We have also seen that many people try it but most of them fail and they can't even win at all and lose all their money. And if we can enjoy gambling as entertainment, we can use our free time to gamble until the time to stop comes. Who knows, by using gambling as entertainment, we can win even if it's not a big win.

Agree with you, hopefully we stay away from traits or behavior like that which will damage or make life worse in the future, even though it is very difficult and easy to say, we must try as much as possible to maintain control and always be careful in every decision we make. .

Of course bro, enjoying gambling as entertainment is a good step, apart from having fun and filling free time, we don't focus too much on winning, so we will play in a relaxed manner and not place too many bets, so the losses won't be too much. .


Title: Re: Math and Gambling
Post by: ethereumhunter on December 09, 2023, 08:34:11 AM
Agree with you, hopefully we stay away from traits or behavior like that which will damage or make life worse in the future, even though it is very difficult and easy to say, we must try as much as possible to maintain control and always be careful in every decision we make. .

Of course bro, enjoying gambling as entertainment is a good step, apart from having fun and filling free time, we don't focus too much on winning, so we will play in a relaxed manner and not place too many bets, so the losses won't be too much. .
Yes, hopefully we will not experience any difficulties while we are gambling and can prevent ourselves from being addicted to gambling so that we can enjoy gambling as we should and will not chase anything from gambling. When playing gambling, we don't need to be too serious and just need to enjoy it so that we can get entertainment from gambling.

By enjoying gambling as it is, we will do more things that are more useful. We also won't gamble too often to avoid gambling addiction. That's what we have to do when gambling so that we don't experience any problems.


Title: Re: Math and Gambling
Post by: Blitzboy on December 09, 2023, 02:51:57 PM
It is quite possible that among all of us there are those who are excellent at mental arithmetic, and there are many films about this, where people with such abilities are well prepared and go to win at the casino. Sometimes they even form groups to make it easier to earn money this way.
But we should not exclude the fact that the casino security service employs people with an excellent analytical mind. And their main duty is to ban players who can make losses for the casino with their minds.
Movies are fictional, and most of the things shown in them are imaginative thinking and creation and not what can happen in the real world. However, I do agree that there can be some games in gambling where a sharp-minded person might have an advantage over someone normal, but that doesn't mean that a person who has a lot of mathematical skills will be able to make calculations and beat the house every single time, that's at least not possible in an online gambling platform because of the results being cryptographically and randomly generated using seeds and RNGs.

So, I don't believe that a person can win a lot of money in gambling if they are good at mathematics or calculations or just have sharp and good memories, gambling, especially gambling games, is based on luck and one can only be successful in them if they are extremely lucky.
I agree that movies often misrepresent gambling. Its a myth that smart people and mathematicians can beat online gambling systems. Why? Because internet platforms use RNGs, results are cryptographically random and unreliable. An fascinating idea: what about gambling's human element?

Skill and memory may not ensure victory against the house, but they can help you decide when to bet or fold. Gambling is mostly luck-based, though. Isnt it a problem to focus on competence in a chance-ruled domain? While skill is important, luck and randomness rule gambling. We must remember this to avoid the illusion of control.


Title: Re: Math and Gambling
Post by: summonerrk on December 09, 2023, 03:00:33 PM
It is quite possible that among all of us there are those who are excellent at mental arithmetic, and there are many films about this, where people with such abilities are well prepared and go to win at the casino. Sometimes they even form groups to make it easier to earn money this way.
But we should not exclude the fact that the casino security service employs people with an excellent analytical mind. And their main duty is to ban players who can make losses for the casino with their minds.
Movies are fictional, and most of the things shown in them are imaginative thinking and creation and not what can happen in the real world. However, I do agree that there can be some games in gambling where a sharp-minded person might have an advantage over someone normal, but that doesn't mean that a person who has a lot of mathematical skills will be able to make calculations and beat the house every single time, that's at least not possible in an online gambling platform because of the results being cryptographically and randomly generated using seeds and RNGs.

So, I don't believe that a person can win a lot of money in gambling if they are good at mathematics or calculations or just have sharp and good memories, gambling, especially gambling games, is based on luck and one can only be successful in them if they are extremely lucky.

Yes, but gambling also includes, for example, blackjack. There's a lot of mathematical stuff out there, and I'm sure this game has been calculated for a long time and this information can be found. Also, the poker preflop stage is easy to calculate, I wrote a program about it on Android and published it on the Internet.
And I'm sure you've heard of people who have great memories, my friends have such a cousin. He is an excellent programmer (he works at Microsoft in England) and can keep an incredible amount of information in his head. I'm sure if he wanted to make money at blackjack or poker, he would have done it with ease.


Title: Re: Math and Gambling
Post by: EarnOnVictor on December 09, 2023, 03:18:14 PM
Yes, just try and hope to win, gamblers will do anything to make their wishes come true, even if they behave badly or wrongly they will do it and this has been proven to be done by gamblers when they are in casinos without them realizing it. they will lose control and gamble without any restrictions.
That's right, gamblers don't need to spend a lot of money to bet, it's better to just be satisfied with what they have, so that they can enjoy every game they play in a relaxed and unforced manner then they will enjoy the sensation of gambling, namely getting entertainment and thinking that win or lose is bound to happen.
Hopefully, we won't be like those who do anything just to win from gambling. We won't realize the mistakes we have made if we are in a condition like them because we won't realize it. That is why we must continue to maintain good self-control so that we do not gamble excessively. This is also to reduce the number of losses we can experience because by gambling within limits, we will know when it is time to stop gambling.

Yes, we as gamblers should be able to enjoy gambling as entertainment and not chase wins that are definitely difficult to get. We have also seen that many people try it but most of them fail and they can't even win at all and lose all their money. And if we can enjoy gambling as entertainment, we can use our free time to gamble until the time to stop comes. Who knows, by using gambling as entertainment, we can win even if it's not a big win.
Nicely said, and I believe that anyone reading the gambling discussion section of the forum would learn a whole lot about it, even more than any external sites combined, as this forum teaches people the psychological part of gambling more. In short, if you do not plan your gambling and show a whole lot of self-restraint, you can't possibly make anything tangible from it, and in addition, will lose more and have yourself to blame. Gamblers who don't have their own minds in it are the ones who lose the most, and the reason is simple, they believe this is an avenue to make their riches, but it's not. Gambling needs a tactical approach and wisdom, this could differentiate between the winners and the losers in real time. Even if gamblers would believe that they can make money in it, they should rather expect less and also work with their expertise to make the money. And as they do that, they should also work on their emotions and all aspects that deal with the right thinking when gambling. This is what I know that will always help them to make the right efforts and still check-balance their gambling activities before they lose the control.


Title: Re: Math and Gambling
Post by: LUCKMCFLY on December 09, 2023, 06:00:10 PM
Yes, just try and hope to win, gamblers will do anything to make their wishes come true, even if they behave badly or wrongly they will do it and this has been proven to be done by gamblers when they are in casinos without them realizing it. they will lose control and gamble without any restrictions.
That's right, gamblers don't need to spend a lot of money to bet, it's better to just be satisfied with what they have, so that they can enjoy every game they play in a relaxed and unforced manner then they will enjoy the sensation of gambling, namely getting entertainment and thinking that win or lose is bound to happen.
Hopefully, we won't be like those who do anything just to win from gambling. We won't realize the mistakes we have made if we are in a condition like them because we won't realize it. That is why we must continue to maintain good self-control so that we do not gamble excessively. This is also to reduce the number of losses we can experience because by gambling within limits, we will know when it is time to stop gambling.

Yes, we as gamblers should be able to enjoy gambling as entertainment and not chase wins that are definitely difficult to get. We have also seen that many people try it but most of them fail and they can't even win at all and lose all their money. And if we can enjoy gambling as entertainment, we can use our free time to gamble until the time to stop comes. Who knows, by using gambling as entertainment, we can win even if it's not a big win.
Nicely said, and I believe that anyone reading the gambling discussion section of the forum would learn a whole lot about it, even more than any external sites combined, as this forum teaches people the psychological part of gambling more. In short, if you do not plan your gambling and show a whole lot of self-restraint, you can't possibly make anything tangible from it, and in addition, will lose more and have yourself to blame. Gamblers who don't have their own minds in it are the ones who lose the most, and the reason is simple, they believe this is an avenue to make their riches, but it's not. Gambling needs a tactical approach and wisdom, this could differentiate between the winners and the losers in real time. Even if gamblers would believe that they can make money in it, they should rather expect less and also work with their expertise to make the money. And as they do that, they should also work on their emotions and all aspects that deal with the right thinking when gambling. This is what I know that will always help them to make the right efforts and still check-balance their gambling activities before they lose the control.

The thing is that we must always say and give advice to people or novice players that the game in casinos is not to generate income, but to have fun, to enjoy, that is what we must be clear about, there is no other way, those who If they want to see the game as income or they can say that they can generate income because of the game, they are very wrong, because things don't work that way, it is a very bad way of looking at things, that is why we always have to do things in the casino considering the normal, the considerations are simple, first having control of our money, if we have control over what we are going to spend we are very good, because I would say that things in a casino the main thing is that, not staying Without money, always be in what we can give to improve and protect the money, why do you have to look at something, if there is no money, you can't play or do anything, play for free in a physical casino? That does not exist, in online casinos it does, but it is not the idea.

In these cases, what we must do is guard and protect our life, so as not to become addicted, that is something that should always be our goal, we cannot do other things but that, I would think that when we are in the casino it could happen. many eventualities, for example things can turn out for the better, being on a positive streak where we can be winning a lot, not to mention when it comes to slots, because in slots it is easier to win with little money, of course, with little money You earn a lot, but you can spend a lot, that is what we must control, and do not try to do things in a crazy way, because by doing it like this, it is your money that goes away, and what is the point that we cannot do things right? If we lose money, some times the person may become decapitalized because they are thinking what they are not, that is just what should be avoided.


Title: Re: Math and Gambling
Post by: Mauser on December 09, 2023, 06:00:46 PM
Gambling is known to be a game of pure luck but also probability, that's if you are good at math, this is what a fellow employee said to me, he then told me to look Chris Ferguson up, to my surprise this man won millions in gambling using math, I read this man is really good at math,

He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.

There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.

School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?

Chris Ferguson is a great poker player, I loved to watch him in the 2000s on TV. The Poker After Dark Series with him, Doyle Brunson, Tom Dwan, Phil Ivey, Daniel Negreanu, etc. was awesome. So many great personalities that taught me a lot about poker. However, you can't really use poker as the standard gambling game we are going to play, because it's completely different from all the other games we can play at the casino. Biggest difference is that we are not playing against casino, only against other players. In the traditional casino games, it's us against the casino, which always has an advantage over us with their house edge. Mathematics is not going to change the fact that the more we play, the closer we will get to the expected values of the games and likely lose money. With poker we don't have to worry about the casino, because they take a fixed rake per hour from each round for providing the infrastructure to play online poker. We only need to a have a decent strategy to play better than our fellow gamblers. So, it's good to learn math and statistics for gambling, just don't expect to find a strategy that is making you consistently money in all type of casino games.


Title: Re: Math and Gambling
Post by: zuzie on December 09, 2023, 10:07:17 PM
Agree with you, hopefully we stay away from traits or behavior like that which will damage or make life worse in the future, even though it is very difficult and easy to say, we must try as much as possible to maintain control and always be careful in every decision we make. .

Of course bro, enjoying gambling as entertainment is a good step, apart from having fun and filling free time, we don't focus too much on winning, so we will play in a relaxed manner and not place too many bets, so the losses won't be too much. .
Yes, hopefully we will not experience any difficulties while we are gambling and can prevent ourselves from being addicted to gambling so that we can enjoy gambling as we should and will not chase anything from gambling. When playing gambling, we don't need to be too serious and just need to enjoy it so that we can get entertainment from gambling.

By enjoying gambling as it is, we will do more things that are more useful. We also won't gamble too often to avoid gambling addiction. That's what we have to do when gambling so that we don't experience any problems.

That is what is expected of gamblers, but in gambling difficulties will definitely come and we must be able to accept and resolve these difficulties wisely and responsibly. Yes, that's right, gambling shouldn't be taken seriously because it will destroy us if we don't do it in a relaxed manner and enjoy every game we play, meaning that if people are too serious about gambling they will only seek profit, not entertainment and we will also get the negative side, namely we will experience a gambling addiction. and it is very dangerous for a person's life, it would be better for us to just play as we can without any coercion in any way so that we can avoid gambling addiction.


Title: Re: Math and Gambling
Post by: ethereumhunter on December 10, 2023, 07:49:06 AM
Nicely said, and I believe that anyone reading the gambling discussion section of the forum would learn a whole lot about it, even more than any external sites combined, as this forum teaches people the psychological part of gambling more. In short, if you do not plan your gambling and show a whole lot of self-restraint, you can't possibly make anything tangible from it, and in addition, will lose more and have yourself to blame. Gamblers who don't have their own minds in it are the ones who lose the most, and the reason is simple, they believe this is an avenue to make their riches, but it's not. Gambling needs a tactical approach and wisdom, this could differentiate between the winners and the losers in real time. Even if gamblers would believe that they can make money in it, they should rather expect less and also work with their expertise to make the money. And as they do that, they should also work on their emotions and all aspects that deal with the right thinking when gambling. This is what I know that will always help them to make the right efforts and still check-balance their gambling activities before they lose the control.
People who read a lot of information in the Gambling section of this forum can find a lot of information that is useful for them, including about the self-control they should have when gambling. They can also read more information about gambling and trusted casinos so that it can prevent them from registering or gambling at shady casinos. Apart from that, they can also get interesting tips about gambling or the calculations they need to play gambling. We won't know what each gambler needs, so they have to find it themselves by reading the many articles that have been shared by members here. And they also know that gambling is not to make money but to get entertainment, just as they do other things to get entertainment too. They can also ask about things they don't understand, such as finding a trusted casino, what to avoid when gambling and so on.

That is what is expected of gamblers, but in gambling difficulties will definitely come and we must be able to accept and resolve these difficulties wisely and responsibly. Yes, that's right, gambling shouldn't be taken seriously because it will destroy us if we don't do it in a relaxed manner and enjoy every game we play, meaning that if people are too serious about gambling they will only seek profit, not entertainment and we will also get the negative side, namely we will experience a gambling addiction. and it is very dangerous for a person's life, it would be better for us to just play as we can without any coercion in any way so that we can avoid gambling addiction.
Even though difficulties will come when they are gambling, they can overcome them because they already know what to do so they will not be affected by the difficulties they will face. Playing gambling doesn't need to be too serious because it can remove the self-control that we have created so that we can't even enjoy playing gambling or we can be triggered to use more money to chase victory. We must be able to enjoy gambling games and be able to play gambling in a relaxed manner so that we will not think differently or chase after winning. And when we can use gambling properly, we will not experience any problems or be addicted to gambling because we know that gambling is only for entertainment. When we get the entertainment, we will immediately stop.


Title: Re: Math and Gambling
Post by: boty on December 10, 2023, 10:38:05 AM
That is what is expected of gamblers, but in gambling difficulties will definitely come and we must be able to accept and resolve these difficulties wisely and responsibly. Yes, that's right, gambling shouldn't be taken seriously because it will destroy us if we don't do it in a relaxed manner and enjoy every game we play, meaning that if people are too serious about gambling they will only seek profit, not entertainment and we will also get the negative side, namely we will experience a gambling addiction. and it is very dangerous for a person's life, it would be better for us to just play as we can without any coercion in any way so that we can avoid gambling addiction.
It will indeed be very difficult to be able to enjoy the game if we only focus on the winning target that we are pursuing so that we don't enjoy the games we play until the capital we have runs out, when the capital we have runs out then we will try to find more capital to be able to play. play the game again and if we continue to do this, of course this will have a bad impact on our finances.


Title: Re: Math and Gambling
Post by: zuzie on December 10, 2023, 10:17:39 PM
That is what is expected of gamblers, but in gambling difficulties will definitely come and we must be able to accept and resolve these difficulties wisely and responsibly. Yes, that's right, gambling shouldn't be taken seriously because it will destroy us if we don't do it in a relaxed manner and enjoy every game we play, meaning that if people are too serious about gambling they will only seek profit, not entertainment and we will also get the negative side, namely we will experience a gambling addiction. and it is very dangerous for a person's life, it would be better for us to just play as we can without any coercion in any way so that we can avoid gambling addiction.
It will indeed be very difficult to be able to enjoy the game if we only focus on the winning target that we are pursuing so that we don't enjoy the games we play until the capital we have runs out, when the capital we have runs out then we will try to find more capital to be able to play. play the game again and if we continue to do this, of course this will have a bad impact on our finances.

Only addicted people will behave like that and it will be very difficult for them to stop until what they want comes true. In cases like this, there are many gamblers who don't understand what gambling really means and only have reckless capital and a strong ambition to be able to win even though the way they play is wrong, namely excessive and uncontrolled.
And it's true, if things like the above continue to be done without stopping then he will experience bad effects on gambling.


Title: Re: Math and Gambling
Post by: Weawant on December 10, 2023, 10:33:34 PM

That is what is expected of gamblers, but in gambling difficulties will definitely come and we must be able to accept and resolve these difficulties wisely and responsibly. Yes, that's right, gambling shouldn't be taken seriously because it will destroy us if we don't do it in a relaxed manner and enjoy every game we play, meaning that if people are too serious about gambling they will only seek profit, not entertainment and we will also get the negative side, namely we will experience a gambling addiction. and it is very dangerous for a person's life, it would be better for us to just play as we can without any coercion in any way so that we can avoid gambling addiction.
Even in entertainment you can get addicted still, you don't have to keep a mind set outside making money in order not to get addicted, by the time you enjoy the thrill that comes with gambling so we'll that you don't care how much you invest in such entertainment then obviously you will get addicted and Still fall victim of addiction.

It's best to be disciplined regardless of your intention behind your gambling habit, that way you stand a better chance to stay away from been addicted and aswell been at so much Loss due to the money you have so far invested either with the intention to make more money nor to get entertained. If you don't take it seriously you definitely will never get maximum entertainment just make sure to regulate everything and keep it within the confined of control and that way you enjoy it while still maintaining your frame as a gambler.


Title: Re: Math and Gambling
Post by: passwordnow on December 10, 2023, 10:39:31 PM
In cases like this, there are many gamblers who don't understand what gambling really means and only have reckless capital and a strong ambition to be able to win even though the way they play is wrong, namely excessive and uncontrolled.
IMO, they know what gambling really is and they understand it. What they don't understand is their approach towards it and they're having a hard time controlling it and they think it's just all a game of numbers and money and losses can easily be retrieved when they gamble again, heck no. That's what they don't want to accept although they understand what's actually happening.

And it's true, if things like the above continue to be done without stopping then he will experience bad effects on gambling.
There's the bad effects as usual and one is being addicted and going on with what OP is thinking that schools are useless. Well, everyone just go with the numbers and math and see if self learning will be enough when someone grows up. There's the fundamentals and normal process of what one has to learn.


Title: Re: Math and Gambling
Post by: odunybiz on December 10, 2023, 11:51:10 PM
.............
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
Always remember that luck also matters in gambling but using betting strategies and math can improve your chances of winning the game. In games like poker math probabilities and game theory. Regarding the value of school some disagree, but skills from subjects like math can unexpectedly help even in gambling.

I think this may depend on the type of gambling being involved. I don't think knowing maths as anything to do with sport betting gambling. And also in gambling, element of luck can't be write out here. No may predict a game to the best of your knowledge and still miss out when the game doesn't follow your prediction.


Title: Re: Math and Gambling
Post by: Bitinity on December 11, 2023, 01:58:39 AM
Math is exact while while gambling is not. Although there is probability involved in gambling but there is no way to calculate the outcome to be 100% correct no matter what kind of game including poker and blackjack which are known to be games where skills are involved. Luck does a matter in all gambling games, no matter how smart you are how great you are in math, it will not give you a win when the bad luck comes to you. Even in a simple game such as coin flip where the chance is 50:50, mathematically it will not be hard to calculate but in the actual practice, it can be something worst when we get the same side multiple times in a row.


Title: Re: Math and Gambling
Post by: Blitzboy on December 11, 2023, 01:36:06 PM

That is what is expected of gamblers, but in gambling difficulties will definitely come and we must be able to accept and resolve these difficulties wisely and responsibly. Yes, that's right, gambling shouldn't be taken seriously because it will destroy us if we don't do it in a relaxed manner and enjoy every game we play, meaning that if people are too serious about gambling they will only seek profit, not entertainment and we will also get the negative side, namely we will experience a gambling addiction. and it is very dangerous for a person's life, it would be better for us to just play as we can without any coercion in any way so that we can avoid gambling addiction.
Even in entertainment you can get addicted still, you don't have to keep a mind set outside making money in order not to get addicted, by the time you enjoy the thrill that comes with gambling so we'll that you don't care how much you invest in such entertainment then obviously you will get addicted and Still fall victim of addiction.

It's best to be disciplined regardless of your intention behind your gambling habit, that way you stand a better chance to stay away from been addicted and aswell been at so much Loss due to the money you have so far invested either with the intention to make more money nor to get entertained. If you don't take it seriously you definitely will never get maximum entertainment just make sure to regulate everything and keep it within the confined of control and that way you enjoy it while still maintaining your frame as a gambler.
Anyone can be enthralled by the excitement of possible victory and the appeal of surpassing the odds. But here's where the issue resides: the notion that self-control is the only thing that can prevent addiction.

Is this a problem, and why? Because addiction is the result of a complex interaction of psychological elements rather than just an issue of willpower. It is hypothesised that the allure of gambling can seduce even the most self-controllable person. Your argument really shines here because of how much control and regulation are stressed. However, education is a further layer that we must add. It is crucial to educate oneself about the dangers of gambling and the symptoms of addiction.

We need to take a two-pronged approach to gambling: responsible enjoyment and educated awareness. Only then will we be able to fully enjoy the amusement it offers without succumbing to addiction.


Title: Re: Math and Gambling
Post by: wxa7115 on December 12, 2023, 02:49:51 AM
Math is exact while while gambling is not. Although there is probability involved in gambling but there is no way to calculate the outcome to be 100% correct no matter what kind of game including poker and blackjack which are known to be games where skills are involved. Luck does a matter in all gambling games, no matter how smart you are how great you are in math, it will not give you a win when the bad luck comes to you. Even in a simple game such as coin flip where the chance is 50:50, mathematically it will not be hard to calculate but in the actual practice, it can be something worst when we get the same side multiple times in a row.
While it is true that probabilities cannot really tell you which side the coin flip is going to come up next, probabilities can tell you a lot about the profits or losses you could get with a game if you played that game for a long time.

This is precisely what casinos use to generate profits, as even if a gambler were to beat them and earn a lot of money out of them, they know that those are isolated cases, and on average they should beat the rest of the players if they gamble for long enough.