Math and Gambling

[KiaKia]

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?

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[swogerino]

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.

[Cantsay]

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.

[xLays]

.............
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.

[Hirose UK]

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.

[Nheer]

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.

[masulum]

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.

[Eternad]

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.

[btc_angela]

.............
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.

[Ruttoshi]

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.

[adultcrypto]

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.

[danherbias07]

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.
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.

[retreat]

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.

[RockBell]

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?

[wallet4bitcoin]

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.

[Assface16678]

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.

[fzkto]

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.

[Solosanz]

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.

[Wexnident]

~

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.

[piebeyb]

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.