Do You Understand Math?

[Julien_Olynpic]

Speaking absolutely strictly, the phrase that the lottery is a tax on ignorance of mathematics is incorrect. You know, even the lottery has profitable strategies for winning the jackpot. And there are cases when people received a lottery jackpot based on their knowledge of mathematics. In short, this strategy is based on the mass purchase of lottery tickets after there are only a few left. And no one has won the jackpot yet. This is possible, although very difficult.
 Understanding math can certainly help you when it comes to gambling, but I wouldn't exaggerate the possibility.

[wxa7115]

Who remembers this old line- the lottery is a tax on people who don't understand math. Let's shift from the lottery and talk about gambling. In gambling do you think that your understanding of math would make you better at gambling. Not necessarily by making you hit the jackpot, but in winning moderately, gambling responsibly, and in choosing strategies for games like poker or blackjack, over games of pure chance like slots or roulette? And now, back to the lottery quote, do you agree?

There is a lot of truth on that proverb, and this is because on the early days of democracies, one way in which governments got taxes was by organizing lotteries, so people with the hope of supporting their governments and getting a prize for it bought those tickets.

And even today this is still true, as most lotteries are owned by governments all over the world, since this is an easy way for them to generate a lot of money.

[Porfirii]

I myself have played the lottery for quite a long time. Until now, we still haven't found the exact mathematical formula for making a profit from this game.

You are looking for something that does not exist. If you want to make money with the lottery what you have to do is to set up a lottery to be the one who produces and sells the tickets, not buy them.

Too much work, DPD: better create your own Government and tax for it

arjunmujay, back to the title of this thread, this is why it is important to understand math; because once you do it, like Don Pedro Dinero, you realise that gambling is not about finding the secret formula for success anymore. Knowledge about the subject may not make you rich, but it will make you freer.

[danherbias07]

But still, many people are betting on the lottery despite the math of low winning chances. I know Math that's why I am not playing lotto. I do play Keno though. Way better than the lottery.

When it comes to gambling I think we should also have an idea about Math. When we double our money, should we continue or stop? Those kinds of questions will start entering your mind if you always calculate things. Recently, I tripled my balance by playing different slot games. I got greedy telling myself I wanted more and then I picked the wrong slot games that didn't give me anything good and halved my balance.
I didn't do the Math and my decisions are being clouded by revenge and chasing losses and so I lost everything in the process. We must know when to stop when to quit, or when to say the multiplier is enough to go home and say we are done. We must know the Math not just in strategies but also with our balance.

[rodskee]

Who remembers this old line- the lottery is a tax on people who don't understand math. Let's shift from the lottery and talk about gambling. In gambling do you think that your understanding of math would make you better at gambling. Not necessarily by making you hit the jackpot, but in winning moderately, gambling responsibly, and in choosing strategies for games like poker or blackjack, over games of pure chance like slots or roulette? And now, back to the lottery quote, do you agree?

Lottery is the hardest form of gambling that we may win but this is also the easiest way to gamble because
you only need number combination mostly special dates in our life and then will bet to take your tickets .
but I believe that Math is nothing to do in gambling because we only use numbers but not the multipliers
when we choose what to bet.
maybe better to call Science instead that be part of each gambling activities.

[taufik123]

-snip-
I didn't do the Math and my decisions are being clouded by revenge and chasing losses and so I lost everything in the process. We must know when to stop when to quit, or when to say the multiplier is enough to go home and say we are done. We must know the Math not just in strategies but also with our balance.

Revenge and the pursuit of losses will always be the main reason why someone ignores the guidelines for gambling well and in accordance with the mathematics that has been done.

Even when they first entered gambling, they hoped to win and double their money quite a lot,
but they did not stop, and continued to do so until they reached a point of loss that was not imagined before.

Mathematics is indeed about strategy and balance in gambling, and the management and strategy that is made really must be applied.
Those who are too greedy don't even think about it all anymore, until they finally realize that they have lost all their money.

[adaseb]

I don’t think you understanding math or not would help you out in gambling. The only way I can see it helping is that you do a calculation and you see that it’s almost impossible to win the lottery and you decide to give up instead of wasting time.

In most gambling roles the probability is independent from the last. Many people don’t understand this while playing dice. They think that since they got 10 losers in the row the next one needs to be a winner. When in fact each roll is completely independent from the last. Not understanding this is why many blow up their accounts.

[Samlucky O]

Understand maths helps in gambling expecially in prediction and analysis of previous match, getting accustomed to some odd and Lotto numbers. There is a friend of mine that studies a wining game by even or odd number. He can tell you a draw match with the odd also he can tell a wining game from the odd, sometimes I wounder how he does that, so looking from the paspective of this thread, I believe math has a role to play in gambling but that doesn't mean that every game staked must have a sure wining. Gambling still remain a game of luck despite how smart, calculative or mathematical we might tend to be, we must surely win and lose.

[_act_]

At best, when you find a mathematical formula that is quite effective, there will be times when you will definitely face defeat too.

If someone is gambling and thinks he has found the right formula for winning, the person is only deceiving himself. The person will gamble and still find himself still losing.

Have you noticed this in gambling before? You will gamble and win consecutively and think that you have seen an easy way to be making money in gambling. But as you continue to gamble, you will just know that you can not win the gambling site as you lose all to them again. This has happened to me like 3 or more times before thinking I got a strategy but not know it was rubbish.

[Kelward]

f lottery and gambling in anyway depend on mattematics to make gamblers to win, then gamblers will be bagging degrees and PhDs in maths but clearly the mathematics that is in gambling is probability and it doesn't guarantee winnings. The major factor that determines wins and loses in gambling is luck, if there is any other major factor, I'm sure that the whole gambling companies would've gone bankrupt because gamblers would've taken advantage of the strategies to wreck them. I see a lot of gamblers in lotto shops permulating all day, yet it's once in a while that they win, meaning that it's on their lucky day that they win, not necessarily because of their calculations everyday

[mamesso]

Who remembers this old line- the lottery is a tax on people who don't understand math. Let's shift from the lottery and talk about gambling. In gambling do you think that your understanding of math would make you better at gambling. Not necessarily by making you hit the jackpot, but in winning moderately, gambling responsibly, and in choosing strategies for games like poker or blackjack, over games of pure chance like slots or roulette? And now, back to the lottery quote, do you agree?

In mathematics, there are many methods that can be used to add to the number ten, but people still have their own principles in pursuing their desires, meaning that even though they choose different paths, they have the same goal. Some people prefer to take risks in achieving big wins or getting the Jackpot, but if they can control themselves with a level of satisfaction with wins achieved in small amounts, they can accumulate these wins and the amount may almost reach the value obtained in the Jackpot.

Gamblers are always curious about what will happen on the next bet, the level of curiosity is so great and the resulting wishful thinking gives them an extraordinary sensation to continue chasing something that is very difficult to achieve. Every gambler really understands and understands the laws of mathematics, but some of them choose to ignore them just to achieve something that is very unlikely to be achieved.

[davis196]

Who remembers this old line- the lottery is a tax on people who don't understand math. Let's shift from the lottery and talk about gambling. In gambling do you think that your understanding of math would make you better at gambling. Not necessarily by making you hit the jackpot, but in winning moderately, gambling responsibly, and in choosing strategies for games like poker or blackjack, over games of pure chance like slots or roulette? And now, back to the lottery quote, do you agree?

The actual line is "Lottery is a tax on the stupid". I don't know how did you come up with this "people, who don't understand math" thing.
I watched a Youtube video about a Romanian mathematician, who found a method to consistently hit the jackpot at lottery games. I don't know if this was true though. Counting cards was a thing in traditional gambling, I still remember the movie "Rainman", so I guess that you have to be autistic in order to count cards. The whole concept of having consistent wins via gambling(even if they are moderate) is a big lie. If the gamblers were able to make small consistent wins, the casinos would simply go bankrupt in the long run.

[Assface16678]

f lottery and gambling in anyway depend on mattematics to make gamblers to win, then gamblers will be bagging degrees and PhDs in maths but clearly the mathematics that is in gambling is probability and it doesn't guarantee winnings. The major factor that determines wins and loses in gambling is luck, if there is any other major factor, I'm sure that the whole gambling companies would've gone bankrupt because gamblers would've taken advantage of the strategies to wreck them. I see a lot of gamblers in lotto shops permulating all day, yet it's once in a while that they win, meaning that it's on their lucky day that they win, not necessarily because of their calculations everyday

Well, somewhat true. The thing about using math or mathematics in order to win in every gambling game or in just the lottery  is that if any person who is too smart could predict or frequently predict the winning number, why are there only a few people who win, or is the interval of people hitting the jackpot too long? Well, because those who operate the lottery know that people will do anything in order to get what they want, and in the lottery, they know that if they make the winning numbers as easy as possible, then those smart people, when it comes to math or any method, could predict the winning number, and I think even though they have the possibility to predict the winning numbers, they are still not sure that they will win. Again,  there is no 100% prediction when it comes to the lottery. So only lucky ones could get the jackpot.

[coin-investor]

Who remembers this old line- the lottery is a tax on people who don't understand math...... And now, back to the lottery quote, do you agree?

There's a truth to this but many people do not understand or don't care about the rationale behind that old line all they care about is the adrenaline rush they get from betting and the hope that they will be able to hit the jackpot.
People tend to forget the many times they've lost and only want to catch the adrenaline rush whenever they are betting.

I have a lot of friends who are betting on the lottery and have been betting for years and they don't care if they are losing for many years, they just want to hold on to their hope and the enjoyment of betting, it's what makes them feel alive.

So even if you explain that line to these people they will not listen and they will not care, it becomes a vice that's hard to take off.

[Frankolala]

Gambling is based on luck and not because you are good in mathematics. There are a lot of games one can use to gamble which does not need any skill. Maths is a subject and gambling is for entertainment. I don't see what connects Maths to the fun that you are having.

Whoever feels Maths is important in gambling without having the skill of the game, is wasting his time. Having the skill with your maths knowledge will not give you a win if luck is not there. The only way we can manage our losses is to gamble responsible, and use little amount to enable us control our emotions.

[piebeyb]

Gambling is based on luck and not because you are good in mathematics. There are a lot of games one can use to gamble which does not need any skill. Maths is a subject and gambling is for entertainment. I don't see what connects Maths to the fun that you are having.

Whoever feels Maths is important in gambling without having the skill of the game, is wasting his time. Having the skill with your maths knowledge will not give you a win if luck is not there. The only way we can manage our losses is to gamble responsible, and use little amount to enable us control our emotions.

I often use mathematical calculations in gambling such as lotteries and also strategies in casino games and even poker games. To be honest, it's true that it all depends on luck so it won't be useful even if you're good at calculating mathematics. No one is lucky enough to use mathematical formulas to Winning a game in a casino, there is no history of the dealer losing to the user, let alone the gambler being able to beat the dealer. no one can do it, it's even impossible. except playing with gambling such as sports betting.

Yes, it is true that there is a lot of gambling without having to use mathematical calculations, such as slot games, where the game requires luck and is very different from other games. The point is whether you understand the mathematical formula or not, it will not be useful for winning at gambling, especially against the dealer, no gambler can. can beat the bookies, if there were there would be many casinos that would go bankrupt because they were defeated by many gamblers.

[salad daging]

Don't understand the math in gambling how to formulate it to be a better gamble? I see some people here who put up lotteries but they bring paper numbers that are like math, but I don't understand how they pick those numbers and combine them with other numbers? I don't really understand completely.
Maybe with the math they have a better understanding of the numbers for their lottery tickets. Again, this is for those who believe but for me, I'm not sure because I've never used math for gambling.

[YOSHIE]

Who remembers this old line- the lottery is a tax on people who don't understand math.

Good questions math vs. lottery, to be honest, I am one of the gamblers, lottery gambling is one of my favorite games, from the past until now, winning and losing has become a habit, that's the true fact.

I have asked my friend who is an expert in mathematics for help to adjust the numbers that come out in the lottery, there were no satisfactory results, I had better luck with my betting ideas in terms of numbers, even though I am not a mathematician.
After my friend was not on target in calculating lottery gambling numbers, then I looked for the answer myself, why is that so, aren't mathematicians geniuses at calculating and I found that answer.

This is the answer I believe until now, maybe forever.

Although there are several stories about mathematicians or statisticians winning the lottery, it is important to note that the chances of winning the lottery are very low, and calculating probabilities does not guarantee victory. Lottery numbers are usually drawn randomly, and no mathematical analysis can predict the exact numbers that will come out.

Nevertheless, there have been cases where people have tried to improve their chances by analyzing lottery systems. One famous example is Joan Ginther, a former mathematics professor with a Ph.D. from Stanford University, who won the Texas Lottery four times between 1993 and 2010.although some have speculated that his background in mathematics and statistics may have played a role in his victory, there is no definitive evidence that his success was due to anything other than chance.

Another example is Stefan Mandel, a mathematician from Romania who won the lottery 14 times. However, the method is not based on calculating probabilities, but rather on exploiting the rules of the lottery system. Mandel devised a scheme where he would buy all possible combinations of lottery numbers, which guaranteed a win. While this method was technically legal at the time, it is no longer possible due to changes in lottery rules and regulations.

Believe it or not, that's what happens, so if you want to place a lottery bet, do it with your own instincts, it has been explained above, there are no guarantees, it's gambling by shamans, ghosts, fortune tellers and so on, you can beat it.

[Odohu]

Who remembers this old line- the lottery is a tax on people who don't understand math. Let's shift from the lottery and talk about gambling. In gambling do you think that your understanding of math would make you better at gambling. Not necessarily by making you hit the jackpot, but in winning moderately, gambling responsibly, and in choosing strategies for games like poker or blackjack, over games of pure chance like slots or roulette? And now, back to the lottery quote, do you agree?

I know that gambling have a lot to do with maths but the relation is not a direct one. For the fact that most of the games are coded with algorithms, it simply means that maths is involved, but understanding the sequence and pattern remains a top secret. Those familiar with pools will know how it works... just numbers arranged from 1 to 49 and every week 49 live matches mostly from England and Scotland are fixed into those numbers. Any week they want to play some set of numbers as draws, which is what is required to win, irrespective of the teams meeting there, the matches will end in draw. Some people claim those matches are controlled through mystical ways but I do still have my reservations. What strikes me is that some achieve winnings arithmetic manipulations of those numbers, that is where I know that maths is involved.

Other forms of lotto simply use numbers and no live matches and like I said before, you will rarely understand the sequence which remains a top secret. I might agree with the statement though. 

[Uhwuchukwu53]

Understand maths helps in gambling expecially in prediction and analysis of previous match, getting accustomed to some odd and Lotto numbers. There is a friend of mine that studies a wining game by even or odd number. He can tell you a draw match with the odd also he can tell a wining game from the odd, sometimes I wounder how he does that, so looking from the paspective of this thread, I believe math has a role to play in gambling but that doesn't mean that every game staked must have a sure wining. Gambling still remain a game of luck despite how smart, calculative or mathematical we might tend to be, we must surely win and lose.

There is a greater advantage to those who are highly calculative in gambling, as it help in some risk Factor of losses to be minimize and this is the help of math, with maths you can easily no the possible out come Nd the probability of loss or win, maths help despite gambling been a game of luck , there are some things that good knowledge can eliminate to give you expected result of wining the game.

For instance a match that is to be played with team that has never loss to their opponent over time of meeting it required a good maths analyst to calculate and know how the game will go apart from how people speculate that they sell if game or match, maths help in gambling I concur to that maths aspects of gambling as key that help a good gambler.