Topic: Math and Gambling - page 7. (Read 1170 times)

 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
 

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.

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.

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

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.

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.

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.

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.

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.

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.

Big opportunities are given to better teams, and that often happens. Still, we also have to be wary of teams that look weak because these teams can actually provide a better performance than the opposing team. This is what can reverse the situation in the match so that we cannot win and only experience defeat. When placing a bet, we also have to take this into account because most gamblers still underestimate the possibility of a reversal of the situation for each team so what they place cannot actually result in a win. For this reason, we have to look for more information so that we know the real situation of each team and make it easier for us to bet on the right team.

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.

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.

It depends on what someone is playing. Poker has always been a game of skills more than luck, and we all know that where skills matter, you can do wonders if you master those skills and that's probably what these people did since they knew the game and what goes behind and they mastered the art to the fullest and made use of their skills and strategies they have created based on calculations and whatever other methods they used and they gained success.

However, if someone is playing a game where there are no skills involved and one cannot even predict the outcome of a bet no matter how many mathematical skills they use or make any strategies because the outcome is random and it isn't something that is repeated so that you can make calculations and base your bets accordingly.

Thank goodness there is someone in this section who knows what he is talking about, until now I had seen a lot of bullshit starting with the OP, who mixes gambling with poker, as if you could win at roulette by studying mathematics as well. For example:


This is just nonsense and as I said, it mixes gambling in general with poker.

We become educated on how the space operates and ensure we are on the right path because that's basically were winnings heads up to.  We engaged in critical thinking and bring innovative ideas into existence with the calculated efforts exerted on the system and games. Maths and Gmabling do rhyme to me because it involves numbers and other analytical data that's simplified with codes and odds, accompanied with good maths calculations, it wouldn't be difficult solving the problems that deals with odds, profits and losses in the system.

This is not really surprising for those that have been aware of the truth for a long time, poker is categorized as a game of skill despite the high level of luck occurring in the game, and as such it is not surprising that the best poker players around the world are making fortune with it.

However I do not agree with your argument that school is not important, now it is true that a great deal of what you learn there may not make you money, but there are many skills that you will use everyday, after all to be that good at such advanced math you need to dominate the most basic math first, and that is something you learn at school.

Well it's true that not every piece of information learned in school may directly apply to one's career but education provides a foundation for critical thinking, problem-solving and a broad understanding of the world right? Math skills, for example, can be valuable in many professions beyond gambling, contributing to analytical abilities in various real life problems. The importance of education goes beyond just making money. I mean math and gambling arent dependent to each other. Anyone can excel on either alone.

Because you neither trying to defeat the casino nor break the system by earning money consistently out the casino. It is the same story every time someone attempts to use math in their benefit, ignoring all casinos already sorted it all out and have made with own calculations, their profits comes from it, obviously.
You have a what I would call to be a healthy approach to gambling, though, I won't lie: whenever I have had a specially bad or good streak rolling dices or in blackjack I feel tempted to calculare (using some simple statistics equations) what percentages I had to pull that streak off.
I guess it is easier to calculate after a bad luck streak rather than a good one, no one cares about the chances after getting the money, but the money itself.

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.

This is my question to you: how and where did you acquire the 4% you're referring to? Yes, I am aware that many people have discovered a means to earn a lot of money, and that many people have improved their lives and lived what we term a rich life.

Also, I can't connect math and gambling to what I do when I gamble at the crypto casino. It's just mine since it's really just for fun; if I'm lucky enough to win, it's fine because I was lucky that day, that's all. I don't think about math or calculation.