Bitcoin Forum
November 02, 2024, 01:54:44 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 [24] 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 »
  Print  
Author Topic: Can maths help you win in gambling ?  (Read 6407 times)
Jedie22
Member
**
Offline Offline

Activity: 434
Merit: 10


View Profile
November 30, 2017, 08:12:24 AM
 #461

Indeed for gambling we have lots of confusion in it, because it is in gambling we also sometimes confused as to whether that was done right or wrong. But indeed to be able to get many of the advantages we also need calculations i.e. math, because every gambling also have the techniques or strategies so that they can get the victory. If it does not we do or we just let go about what we do, then the results will be obtained as just an unfortunate thing.
The fact is that in most cases, those people who play gambling and who met me, are not more than lucky in this matter. But I've heard a lot of stories about the fact that it is the math experts who are good players. But this was still hoped for by anyone.
Being good at math is an advantage when you're involved in gambling. Especially playing cards because you need to calculate and analyze what was already thrown away. But in other cases like playing dice and roulette it does not require math only lucky is your hope.


In gambling being good in math is not necessary as long as you know the basic mathematics computations. I don't think if you have time to compute the probable of your bet to win. Its just waste your time, all of it will depends on your luck. Expertise in math in gambling is just the same to those who are not good in math, even if they try to computer the probabilty and statistics of every game still the percentage to win is less beacuse in the end it will depends on your fortune.
Protected101
Full Member
***
Offline Offline

Activity: 210
Merit: 117


View Profile
November 30, 2017, 09:11:58 AM
 #462

I thought it was not about if  your a mathatician but based on my experience those gamblers who are expert are good in their math subject ,but I know it depends on luck because we have no statistical explanation when we play gambling.It a luck when you are winning on it and no skills to learn because we not know what happen in a game.
Parodium
Sr. Member
****
Offline Offline

Activity: 1036
Merit: 332


DMs have been disabled. I am busy.


View Profile
November 30, 2017, 09:15:41 AM
 #463

If the type of gambling you're getting into is matched betting or Poker, then of course math can help you win. You can calculate the odds of certain hands appearing, calculate your value bets etc.
Zero_Cloo
Newbie
*
Offline Offline

Activity: 57
Merit: 0


View Profile
November 30, 2017, 09:56:01 AM
 #464

If you're good enough at math you can win consistently at gambling. Not at all gambling - a big part of what the math is there for is to make sure you're always in profitable situations. It will never magically make you win at roulette. But it will let you identify the games and situations you can win at, and if you stick to them you will make money in the long term.
oHnK
Hero Member
*****
Offline Offline

Activity: 1428
Merit: 574


View Profile
November 30, 2017, 01:07:24 PM
 #465

Math is very different on how gambling works. Math is all about computations while gambling is picking or betting any number or sides from your own guesses. The outcome to mathematics is always the right number while the outcome of gambling is a random number.

if you dont know about this then perhaps you should google and see that every gambling site is made up from match computation. Without the math computation then there wont be any game that we can play . Even when we are using provably fair to verify if we win or lose, it uses math computation to figure everything out for us
michkima
Hero Member
*****
Offline Offline

Activity: 896
Merit: 514


View Profile
November 30, 2017, 01:14:53 PM
 #466

If you're good enough at math you can win consistently at gambling. Not at all gambling - a big part of what the math is there for is to make sure you're always in profitable situations. It will never magically make you win at roulette. But it will let you identify the games and situations you can win at, and if you stick to them you will make money in the long term.


Not really. Math cannot change the fact that most gambling games are probability based only and cannot really be affected by anything else. Once you spun the wheel there is no other thing you can do about it. It will be a win or a lose no matter if you are a mathematical genius. The only thing you will have if you use math is that you will realize that it can't help and that you know what are the chances you will win or lose in one game or in the long run.
KKaruchis
Member
**
Offline Offline

Activity: 99
Merit: 10



View Profile
November 30, 2017, 01:56:02 PM
 #467

Maybe in the 50's or 60's when the casino itself knew they were getting winnings from customers.
cjmoles
Legendary
*
Offline Offline

Activity: 1176
Merit: 1017


View Profile WWW
November 30, 2017, 05:59:14 PM
 #468

If you're good enough at math you can win consistently at gambling. Not at all gambling - a big part of what the math is there for is to make sure you're always in profitable situations. It will never magically make you win at roulette. But it will let you identify the games and situations you can win at, and if you stick to them you will make money in the long term.


^^^^ Finally, a confirmation that all logic is not lost here.  These guys play games that are mathematically losing propositions and then they complain that math can't help them win.  It is ridiculous ---> if they did the math then they wouldn't play the games with negative expected values in the first place!
xvids
Sr. Member
****
Offline Offline

Activity: 1176
Merit: 301



View Profile
November 30, 2017, 06:18:59 PM
 #469

I just read one article that's about math can help you win at roulette game then i want ask with you all, did you believe math can affect to gambling games? i'm not expert in math so i don't know


this is the article that i readed.
http://theconversation.com/can-maths-help-you-win-at-roulette-69440

I doubt if math can help you with gambling. You can do it if you are playing cards by just doing statistics and remembering cards while playing, but it requires a lot of brain powers. Gambling sometimes depends on pure luck. If you are not lucky, you will lose often and might end up losing a lot of money.

onrise
Sr. Member
****
Offline Offline

Activity: 1512
Merit: 316



View Profile
November 30, 2017, 06:23:47 PM
 #470

If the type of gambling you're getting into is matched betting or Poker, then of course math can help you win. You can calculate the odds of certain hands appearing, calculate your value bets etc.

In poker it will definitely help you and knowing the cards played will also help to understand the remaining ones. While in rest of the games like roulette, slots machines etc does not require any skills or maths to play such games. Those are like luck based games which help you win or lose the money.

███████████████████████████
███████████████████████████
████████▀         ▀████████
███████             ███████
███████             ███████
██████▀             ▀██████
█████▄         ▄██▄  ▄█████
██████████▀▀███████████████
████▀▄██▀    ▀ ▀██▀██▄▀████
████  ▀             ▀  ████
█████▄▄    ▄███▄    ▄▄█████
███████████████████████████
███████████████████████████
CHIPS!
▄▄▀▀▀█████████▄▄
██▄███████████████
█▄████████████████
██████████████████
▄█▀▀▀██████████████▄
█▄▄██████████████████
▀████▀██████▀ ▄▀█▀
██ ▀▀███▀ ▄▀▄██
███
████████▀▄█████
▄███████████████▄
▀████████████████▀
▀██████ ████▀▀

▄▄██████ ███ ██████▄▄
$100,000       
EVENT
!
The Ultimate Crypto Casino
9 CRYPTOCURRENCIES
   ▄█████████████▄     ▄▄▄
  █████████████████   █████
  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀   ▀███▀
▄███████████████████▄   ▄
███▀             ▀███   █
███ ▐██▌ ███ ▐██▌ ███   █
███ ▐██▌ ███ ▐██▌ ███ ▀▀▀
███▄             ▄███
▀███████████████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
  ███████████▀▀▀███
  ███████████▄▄▄███
  ▀███████████████▀


▄███████████▄
██  █████████
██  █████████
█████▀ ▀█████ █████▄
████ ▄█▄ ████ ██████
████ ▀█▀ ████ ██████
█████▄ ▄█████ ██████
█████████  ██ ██████
█████████  ██ ██████
▀███████████▀ ██████
       ▄▄▄▄▄▄███████
       █████████████
       ▀███████████▀




Hhampuz
Legendary
*
Offline Offline

Activity: 3038
Merit: 6178


Meh.


View Profile
November 30, 2017, 06:26:01 PM
 #471

If you're good enough at math you can win consistently at gambling. Not at all gambling - a big part of what the math is there for is to make sure you're always in profitable situations. It will never magically make you win at roulette. But it will let you identify the games and situations you can win at, and if you stick to them you will make money in the long term.


^^^^ Finally, a confirmation that all logic is not lost here.  These guys play games that are mathematically losing propositions and then they complain that math can't help them win.  It is ridiculous ---> if they did the math then they wouldn't play the games with negative expected values in the first place!

Yep, definitely agree with the both of you. I've seen and have heard from a lot of people about this "issue" that they've done all the math but they still lose, and when I proceed to ask them what kind of games they are playing I' just baffled by the response I'm getting. The majority of these people have no idea what it is they are actually doing and it is as you say, they expect to magically win.. I've been living off of gambling and it was more about living on the edge and keeping your profits above 50% and that's enough. Depending on your bet sizing and overall bankroll that % may vary but as long as you are consistent it should be fine.

oHnK
Hero Member
*****
Offline Offline

Activity: 1428
Merit: 574


View Profile
November 30, 2017, 06:37:37 PM
 #472

If you're good enough at math you can win consistently at gambling. Not at all gambling - a big part of what the math is there for is to make sure you're always in profitable situations. It will never magically make you win at roulette. But it will let you identify the games and situations you can win at, and if you stick to them you will make money in the long term.


^^^^ Finally, a confirmation that all logic is not lost here.  These guys play games that are mathematically losing propositions and then they complain that math can't help them win.  It is ridiculous ---> if they did the math then they wouldn't play the games with negative expected values in the first place!

Yes there is no point to play a game that is designed to make you lose because. I dont say that we dont need to play but Im saying that we cant win so dont try to win or even hope to win. Winning or losing in gambling is about luck, what matter to me is when we are having fun in gambling. Even if we cant win, we can still have fun
cjmoles
Legendary
*
Offline Offline

Activity: 1176
Merit: 1017


View Profile WWW
November 30, 2017, 08:22:45 PM
 #473

If you're good enough at math you can win consistently at gambling. Not at all gambling - a big part of what the math is there for is to make sure you're always in profitable situations. It will never magically make you win at roulette. But it will let you identify the games and situations you can win at, and if you stick to them you will make money in the long term.


^^^^ Finally, a confirmation that all logic is not lost here.  These guys play games that are mathematically losing propositions and then they complain that math can't help them win.  It is ridiculous ---> if they did the math then they wouldn't play the games with negative expected values in the first place!

Yep, definitely agree with the both of you. I've seen and have heard from a lot of people about this "issue" that they've done all the math but they still lose, and when I proceed to ask them what kind of games they are playing I' just baffled by the response I'm getting. The majority of these people have no idea what it is they are actually doing and it is as you say, they expect to magically win.. I've been living off of gambling and it was more about living on the edge and keeping your profits above 50% and that's enough. Depending on your bet sizing and overall bankroll that % may vary but as long as you are consistent it should be fine.

The thing that gets me is that we can explain it to these guys over and over again, in every way possible, yet they still insist to place wagers in contests that have negative expected values and when they lose, they blame" luck" instead of "math."  If they could wrap their minds around the math and replace their concept of "luck" with an application of "variance," then they'd fair much better in the long run.
oHnK
Hero Member
*****
Offline Offline

Activity: 1428
Merit: 574


View Profile
November 30, 2017, 08:25:10 PM
 #474


The thing that gets me is that we can explain it to these guys over and over again, in every way possible, yet they still insist to place wagers in contests that have negative expected values and when they lose, they blame" luck" instead of "math."  If they could wrap their minds around the math and replace their concept of "luck" with an application of "variance," then they'd fair much better in the long run.

Not really because no matter what we do it wont affect the result for long run even in the long run we are going to lose alot more so there is no point to everything we do. The only thing is not to gamble but alot of people want to keep playing so that is why to enjoy playing then we need to get straight to the idea of only gambling for fun
cjmoles
Legendary
*
Offline Offline

Activity: 1176
Merit: 1017


View Profile WWW
November 30, 2017, 08:36:12 PM
 #475


The thing that gets me is that we can explain it to these guys over and over again, in every way possible, yet they still insist to place wagers in contests that have negative expected values and when they lose, they blame" luck" instead of "math."  If they could wrap their minds around the math and replace their concept of "luck" with an application of "variance," then they'd fair much better in the long run.

Not really because no matter what we do it wont affect the result for long run even in the long run we are going to lose alot more so there is no point to everything we do. The only thing is not to gamble but alot of people want to keep playing so that is why to enjoy playing then we need to get straight to the idea of only gambling for fun

The casinos win because the odds are in their favor ---> if we only played games where the odds were in our favor, then we would win in the long run too.  It's that simple!  DON'T GAMBLE WHEN THE ODDS ARE AGAINST YOU UNLESS YOU EXPECT TO LOSE (-EV).  ONLY GAMBLE WHEN THE ODDS ARE IN YOUR FAVOR AND YOU WILL COME OUT AHEAD IN THE LONG RUN LIKE THE CASINOS DO (+EV).
nydiacaskey01
Legendary
*
Offline Offline

Activity: 1834
Merit: 1036


View Profile
November 30, 2017, 09:03:37 PM
 #476

It wont work in online casino. Maybe in the real world it will help if you are a math wizard but I think being one with that can remember cards that are already out in the table can help score a win. But having that kind of talent is not applicable in online games even if you adjust he settings that favors you to win, there's still a still a percentage that will make you lose.
cjmoles
Legendary
*
Offline Offline

Activity: 1176
Merit: 1017


View Profile WWW
November 30, 2017, 09:28:01 PM
 #477

It wont work in online casino. Maybe in the real world it will help if you are a math wizard but I think being one with that can remember cards that are already out in the table can help score a win. But having that kind of talent is not applicable in online games even if you adjust he settings that favors you to win, there's still a still a percentage that will make you lose.

True.  But, if you win 52 percent of the time and you lose 48% percent of the time AND you play a high volume, then you will come out ahead in the long run.  And, online games make it easier because you can play a higher volume of games then you can at a brick and mortar casino.  You just have to do the math, regulate the bankroll, and play for the long term gains ---> The quick scores/losses are irrelevant in this scope. 
LuanX3
Hero Member
*****
Offline Offline

Activity: 756
Merit: 505



View Profile
November 30, 2017, 09:43:07 PM
 #478

It wont work in online casino. Maybe in the real world it will help if you are a math wizard but I think being one with that can remember cards that are already out in the table can help score a win. But having that kind of talent is not applicable in online games even if you adjust he settings that favors you to win, there's still a still a percentage that will make you lose.

True.  But, if you win 52 percent of the time and you lose 48% percent of the time AND you play a high volume, then you will come out ahead in the long run.  And, online games make it easier because you can play a higher volume of games then you can at a brick and mortar casino.  You just have to do the math, regulate the bankroll, and play for the long term gains ---> The quick scores/losses are irrelevant in this scope. 

Yeah that is true, but again, math never changes your odds of winning in any casino game. Probably if you use it on poker or sports betting then it could increase your chances. But generally, those games still need some level of luck to win. There have been countless games where even a pair ace loses to something like 3s and 2s. It just really depends on luck. Even in sportsbetting, when you studied the game very well, but you cannot really predict if someone got injured, something like that.
Hhampuz
Legendary
*
Offline Offline

Activity: 3038
Merit: 6178


Meh.


View Profile
November 30, 2017, 09:56:15 PM
 #479

If you're good enough at math you can win consistently at gambling. Not at all gambling - a big part of what the math is there for is to make sure you're always in profitable situations. It will never magically make you win at roulette. But it will let you identify the games and situations you can win at, and if you stick to them you will make money in the long term.


^^^^ Finally, a confirmation that all logic is not lost here.  These guys play games that are mathematically losing propositions and then they complain that math can't help them win.  It is ridiculous ---> if they did the math then they wouldn't play the games with negative expected values in the first place!

Yep, definitely agree with the both of you. I've seen and have heard from a lot of people about this "issue" that they've done all the math but they still lose, and when I proceed to ask them what kind of games they are playing I' just baffled by the response I'm getting. The majority of these people have no idea what it is they are actually doing and it is as you say, they expect to magically win.. I've been living off of gambling and it was more about living on the edge and keeping your profits above 50% and that's enough. Depending on your bet sizing and overall bankroll that % may vary but as long as you are consistent it should be fine.

The thing that gets me is that we can explain it to these guys over and over again, in every way possible, yet they still insist to place wagers in contests that have negative expected values and when they lose, they blame" luck" instead of "math."  If they could wrap their minds around the math and replace their concept of "luck" with an application of "variance," then they'd fair much better in the long run.

Definitely cjmoles.. I guess some people would rather take a chance rather than actually study and understand what it is they are playing around with.

I've tried explaining it once and twice, after that I usually just don't care about it. Their loss I guess Cheesy.

J Gambler
Hero Member
*****
Offline Offline

Activity: 910
Merit: 500


View Profile
December 01, 2017, 04:51:02 AM
 #480

I just read one article that's about math can help you win at roulette game then i want ask with you all, did you believe math can affect to gambling games? i'm not expert in math so i don't know


this is the article that i readed.
http://theconversation.com/can-maths-help-you-win-at-roulette-69440

Math gives you an edge not a certainty that you would always win but it gives you an edge in calculating the probabilities of each outcome. TO know when you can go all in and how much percentage is the guy you’re playing with bluffing.

Y U MAD AT ME
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 [24] 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!