Math and Gambling

[Hirose UK]

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.

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.

[bluebit25]

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.

[oktana]

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.

[ethereumhunter]

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.

[TurboMen]

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?

[Saisher]

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.

[arimamib]

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.

[Litzki1990]

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.

[wxa7115]

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.

[Viscore]

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.

[0t3p0t]

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.

[aioc]

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) 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

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.

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

[goldkingcoiner]

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.

[piebeyb]

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 

[Mr.suevie]

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.

[Lida93]

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.

[wxa7115]

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.

[zuzie]

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.

[junder]

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.

[Hirose UK]

~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.

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.