Topic: Math and Gambling - page 9. (Read 1170 times)
Math can help players better understand their chances of success and use strategies to win. For example, in poker, blackjack or sports betting. But still, luck plays a significant role in gambling. Plus, you have to remember that most players lose money and that the casino stays in favor in the long run.
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.
If I say all the odds in gamble are gotten from the companies calculations, just like after calculating the whole maths then they give the odds accordingly, there have been some cases whereby in some of the games, big odds are given to a better team that is more stronger then the opposite team (might be the cause of miscalculations), meanwhile, there are many gamblers that do bet on games based on the odds, some don't bet on big odd but only small odds and others don't bet on small odds but bet on only the big odds, I am just trying to say that when ever there is miscalculations in the gamble industry (miscalculations in terms of given the odds accordingly), it also affects the gamblers to lose more, who? Because those that bet on smaller odds might bet on the wrong team that was given smaller odd than the opposite, hope you get my points? 
I also believe in this aspect of mathematicians having a higher possibility of winning, but sometimes even with the skill of gambling, the result turns out not to be the way we predict it to be. Even with the highest skill and assurance, they can still turn out to disappoint us.
If mathematical skills are all that's needed to win in gambling, I don't know where people like me who don't have a brain for math or don't have time to even study further about mathematics will be. Maybe we should just probably give up on gambling or we should gamble just to give the casino enough money to pay those who have a high level of thinking with their math calculations.
But even with this math, I still believe 100% of their games can't be won, as that will really lead to something else, and casinos will just keep building other games that can't be predicted that way. Luck is also another important tool that contributes to winning in gambling, but math is not everything; if not, people like me won't be winning at all.
If mathematical skills are all that's needed to win in gambling, I don't know where people like me who don't have a brain for math or don't have time to even study further about mathematics will be. Maybe we should just probably give up on gambling or we should gamble just to give the casino enough money to pay those who have a high level of thinking with their math calculations.
But even with this math, I still believe 100% of their games can't be won, as that will really lead to something else, and casinos will just keep building other games that can't be predicted that way. Luck is also another important tool that contributes to winning in gambling, but math is not everything; if not, people like me won't be winning at all.
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?
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?
Or maybe you think all that is required with gambling is how fervent you're in gambling, maybe you're getting it all wrong, if this were to be true, then every mathematician would have love to use their maths skills to be a gambler and earn from that for a living instead of teaching job, this is strictly a luck game with gambling, a small child can guess and bring up a game now and win as well, we cannot predict what may comes after every of our gambling steps not until the result is out irrespective of the calculation you have done to it.
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?
Working or not, then its not something that we could really be able to reach out easily if its indeed that math or calculations would really be something that relevant specially on poker. If they do make out those kind of words and telling that it does then its up to us whether we would really be believing into those or really just that simply they are making those alibis and telling about non sense. If we do tend to dig further and realize something then you could really make out some calculations but we know that there are certain things or factors that cant really be that altered or something that can be influenced. Poker isnt really just that simply talking about picking up cards or whatsoever correlated to it on which we can really tell that calculations wont really be precisely that will really be telling on whats the next outcome or result.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?
This is why it would really be that too impossible on having those kind reliance about mathematics on the time that you do gamble, doesnt matter if its poker or other strategic based kind of game.
Luck would really be always that important or relevant most of othe time.
I don’t know if i can believe that gambling is not a thing of luck because if it was all about maths then we should have more numbers of people who are good in maths make money from gambling after knowing that this Chris Ferguson uses maths to win in gambling. There are lots of good mathematicians all over the world and we only have few making it big in gambling what are the rest using their maths knowledge for? I am not disputing your claims but i still think luck plays more role in his wins than his maths knowledge or probably he is a naturally gifted gambler. Though Maths knowledge and careful calculations and analysis will help improve your chances of winning so having deep maths knowledge can go hand in hand with gambling.
I would say I agree with you that gambling is most likely about having the luck that’s why we see many people picking just random bets and they win. But in some case I will say some who is critical thinker could actually get a better chance at bet than someone who isn’t, and we all know that almost all mathematician are critical thinkers. And example I will give is a mathematician can spot a bias dice and use the knowledge of Maths and Statistics to determine the next few outcomes.
Yeah, we can say that gambling requires a lot of calculations and that can take a lot of maths to realize and that has been proven a lot of time in our personal gambling experience and that can far say that, even though gambling winning is based on pour luck and also a lot of calculations because gambling with only luck can take a long time to ever win any amount.
But if the gambler can combine some level of game analysis and calculations that make near possible bet selections and in most cases, calculating the odds is the best sure thing and way to make the right bets and make a good analysis of previous results and teams stats all that contribute a lot to what makes a win not just luck alone.
But if the gambler can combine some level of game analysis and calculations that make near possible bet selections and in most cases, calculating the odds is the best sure thing and way to make the right bets and make a good analysis of previous results and teams stats all that contribute a lot to what makes a win not just luck alone.
I don’t know if i can believe that gambling is not a thing of luck because if it was all about maths then we should have more numbers of people who are good in maths make money from gambling after knowing that this Chris Ferguson uses maths to win in gambling. There are lots of good mathematicians all over the world and we only have few making it big in gambling what are the rest using their maths knowledge for? I am not disputing your claims but i still think luck plays more role in his wins than his maths knowledge or probably he is a naturally gifted gambler. Though Maths knowledge and careful calculations and analysis will help improve your chances of winning so having deep maths knowledge can go hand in hand with gambling.
I would say I agree with you that gambling is most likely about having the luck that’s why we see many people picking just random bets and they win. But in some case I will say some who is critical thinker could actually get a better chance at bet than someone who isn’t, and we all know that almost all mathematician are critical thinkers. And example I will give is a mathematician can spot a bias dice and use the knowledge of Maths and Statistics to determine the next few outcomes.
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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.
.............
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
Always remember that luck also matters in gambling but using betting strategies and math can improve your chances of winning the game. In games like poker math probabilities and game theory. Regarding the value of school some disagree, but skills from subjects like math can unexpectedly help even in gambling.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?
We all have our own assumptions in this forum debate. What I see there is that some people will agree with us, while others will disagree.
Even if the replies are exchanged in this manner, we are having a constructive discussion about the topic proposed by the author. But, in my perspective, that is what cheaters and gamblers do.
Gambling world is like a school.
School teaches the basic but we face it hardly and our mind struggling to solve those equation given by our professor. But we must always remember the through journey is in the real world and luck is the best thing that we must have in order to pass the trials. Like in gambling worlds luck matters so if we are lucky enough then we will win a good amount of money. Also in poker game experience and knowledge is very important in order to win.
School teaches the basic but we face it hardly and our mind struggling to solve those equation given by our professor. But we must always remember the through journey is in the real world and luck is the best thing that we must have in order to pass the trials. Like in gambling worlds luck matters so if we are lucky enough then we will win a good amount of money. Also in poker game experience and knowledge is very important in order to win.
In school, you were really compared to gambling. Anyway, most gamblers are really dependent on luck, as if it's easy money for them; you just bet or choose where you just guess if you'll win when you place a bet.
I've played poker many times. Of course, knowledge of math and probability theory is of great importance here. You also need a good memory to memorize the cards. and you need to be able to bluff and hide your emotions - you can't do without it. this is the rules for good players
Aside from memorization, card counting, and simple mathematical operations to determine the best cards, there’s nothing more of its application with gambling games. Algorithm on the other hand indeed works but is something complicated and will not be understood by ‘normal’ players. Also it does not work to most of the gambling games except card games. Luck is still a better determinant of the result more than patterns created without any firm evidence. These two concepts could be related with the other but nothing will definitely determine a winning outcome. Gambling itself is a tournament of luck and no matter how good your analysis is, if you’re not lucky on that day, then expect less from losing. 
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,
It's either he is a scam or plays tricks on the gaming board, but about using maths to win millions in poker game That's almost an inexistence strategy, I have seen or read about some good gamblers who has had great success from gambling but none of them attributes their success to maths rather it's all about focus and discipline being able to not get greedy and have a target. 
If this is true then maths professors and experts will be driving their lambos now so it isn't like that but yes it is possible to use math in blackjack like games which is definitely not possible to do with math skills but only if you have a photographic memory and for your information that is illegal and if you found to be practicing counting cards then you will be banned from playing.
How many people became rich from gambling?
You may see a lot of rich people in casinos but it's for their entertainment and they never saw gambling as a way to become rich.
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?
How many people became rich from gambling?
You may see a lot of rich people in casinos but it's for their entertainment and they never saw gambling as a way to become rich.
Gambling usually requires various calculations and those calculations usually come from mathematics. The better we understand mathematics, the better we can calculate. A combination of luck gambling skills and calculation usually makes a gambler decide on gambling. You mentioned for example a person whose gambling skills might not match our gambling skills. Without doing too much mathematical calculations, I usually calculate how the players of the two teams are or how the performances of the two teams are likely to be. I've had a lot of success with this gambling skill and I've made sure to gamble on this skill. I don't feel the need to use complicated techniques if I get success using simple techniques.
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 read that Maths will be beneficial when calculating odds and could help in games like blackjack and poker. But I know many good gamblers who are illiterate which means they don't have much need for advanced maths because the basics are okay. Just as other members have indicated, gambling is more of time and chance (luck). I am not a good mathematician so I have not experienced the positive effect of maths knowledge on gambling.I don't know the research that validates this notion that the majority of what is taught in schools is not relevant. This belief is popular among youths and they use it as an excuse to engage in diverse criminal activities. Some of them even use it as the reason why they became truants and school dropouts. Many nations practice functional education that contributes immensely to the development of the nation and the world at large.
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?
He created his own gambling strategy for poker completely on math and game theory instead of trying to focus monitoring the players, this man won five world series bracelets 🤦 and over 8 millions dollars in gambling tournaments.
There is also another man called James Simons, who is named the greatest gambler of all, he made more money using math than Chris Ferguson, James net worth is over 20 billions, I was shocked, because I use to think it's impossible to gamble using any skills, this is a skill on a another level, I am mad that I am just knowing this not too long ago.
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
I am not 100% sure but there was a professor of math who used to win the lottery once and people thought he is a genius,he couldn't win it a second time so most likely it was pure luck that coincided with his thinking and algorithms at that time.In Poker you can win if you are good at math and focusing on counting every card rather than try to find other people thinking by reading their faces and expression,you have to be good at it,have a huge amount of patience like this Chris Ferguson guy and you can win,I would not be that much surprised,unfortunately very few people own such skills.
As for school when I graduated and got to my first job I found nothing from school was to be used there,so it is 100% theory the school just to give you some education.
School teaches the basic but we face it hardly and our mind struggling to solve those equation given by our professor. But we must always remember the through journey is in the real world and luck is the best thing that we must have in order to pass the trials. Like in gambling worlds luck matters so if we are lucky enough then we will win a good amount of money. Also in poker game experience and knowledge is very important in order to win.
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?
Mathematicians like to believe that mathematics applies to everything, and you cannot say that they are wrong. Mathematics applies in nature, business, and many other aspect of life.If a successful gambler believes that they were able to win by using strategies formed from mathematical principles, that is good and their testimony. It is not only mathematicians who have won big from gambling, so mathematical strategies are not only the efficient strategy.
In fact mathematics always plays a role in gambling, good gamblers don't just rely on luck because mathematics can create opportunities to win consistently.
And most gamblers use mathematics to calculate the odds of winning and money management to maximize wins and minimize losses. And it's not that gamblers who play without math won't win. They will definitely get lucky, but they will likely lose more than they win. And those who use mathematics will win more than they will lose, but still the house will always win over those who play without mathematics, self-control and also chasing losses.
And most gamblers use mathematics to calculate the odds of winning and money management to maximize wins and minimize losses. And it's not that gamblers who play without math won't win. They will definitely get lucky, but they will likely lose more than they win. And those who use mathematics will win more than they will lose, but still the house will always win over those who play without mathematics, self-control and also chasing losses.
I strongly believe that math is one of the most strategies hackers do use when trying to hack into someones account because maths involved coding (just the way I understand it) but talking about using the maths strategy in gamble, I have thought about that before because I know that gamble is all about luck and not a skill, why? Because even if a gambler knows the whole odds he or she will still lose when the luck is gone.
But if this works then it's good,
But if this works then it's good,
.............
School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
Always remember that luck also matters in gambling but using betting strategies and math can improve your chances of winning the game. In games like poker math probabilities and game theory. Regarding the value of school some disagree, but skills from subjects like math can unexpectedly help even in gambling.School is not important as 96% of what you learn won't be used in the real world to make money, but this 4% left is making a lot of people rich, math and gambling seems to go with each other, what do you guys think? Am I wrong or right?
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