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Author Topic: Math and Gambling  (Read 1173 times)
EarnOnVictor
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November 18, 2023, 06:37:36 AM
 #81

-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.

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November 18, 2023, 06:46:57 AM
 #82

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.

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November 18, 2023, 07:12:23 AM
 #83

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.

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November 18, 2023, 07:40:43 AM
 #84

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.

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November 18, 2023, 08:26:50 AM
 #85

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.

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November 18, 2023, 09:04:20 AM
 #86

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.

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November 18, 2023, 09:48:44 AM
 #87

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

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November 18, 2023, 10:06:57 AM
 #88

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.

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November 18, 2023, 10:32:35 AM
 #89

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.

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November 18, 2023, 01:00:20 PM
 #90

 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
 
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November 18, 2023, 01:17:51 PM
 #91

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.

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November 18, 2023, 01:38:32 PM
 #92

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.

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November 18, 2023, 02:09:17 PM
 #93

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.

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November 18, 2023, 05:18:50 PM
 #94

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.

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November 18, 2023, 05:38:31 PM
 #95

...
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.



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November 18, 2023, 05:55:23 PM
 #96

...
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.

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November 18, 2023, 07:02:36 PM
 #97

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.

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November 18, 2023, 07:08:13 PM
 #98

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.



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Rainbot
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Mahanton
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November 18, 2023, 07:13:31 PM
 #99

...
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.

R


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November 18, 2023, 10:08:01 PM
 #100

...
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.

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