Type of gambling and Intelligence | Bitcointalksearch.org

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Quote from: alastantiger on December 14, 2023, 06:59:05 PM

Does the type of game you play at a casino or sports you bet on show an individual's level of intelligence or how smart a person is?
Blackjack, Poker, slots, roulette, baccarat, sports betting, horse racing, betting on sociopolitical events, keno, etc.

I will go with blackjack, not a fan of it but you need to be smart and step up your game to be able to come out hole but as for sport, you need skills and you need to know your ways in analyzing but not too deep analysis, you need the basics to win sports games. If intelligence is a measure on how gambling is won, I don't think even an illiterate will win but I have street hawkers, Bikemen and other people that does all type of sophisticated odd job and they win big amount of money through sport betting.

However, each of them has need intelligence to survive particularly when it comes to things like managing Bankroll. You can roll a dice a single time with a big amount of multiplier and recover the money you have lost for the whole weeks, even in sports betting but if you are not intelligent on when to walk out and call it the day, the casino forces will take all from you and would have to go back to genesis, this is where I think intelligent is necessary in all types of gambling.

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Quote from: nimogsm on December 19, 2023, 11:06:08 AM

I don’t think there is a connection between the game and intelligence) I think any game is more about skills and understanding the rules of the game, first of all, the better a person knows them and understands how his opponent plays, then he will play better accordingly.

He wont play better, he will have a better understanding of the rules, but knowing them does not give the player any sort of edge over the casino.

Whether poker players and all have higher intelligence? No, they are skilled but if they were so intelligent, they would be doing something else and working on something huge than sit on a table with cards.

However those who regularly play games like slots, I tend to have a feel that they are somewhat getting demented with time. Though I might be completely wrong.

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Quote from: alastantiger on December 14, 2023, 06:59:05 PM

Does the type of game you play at a casino or sports you bet on show an individual's level of intelligence or how smart a person is?
Blackjack, Poker, slots, roulette, baccarat, sports betting, horse racing, betting on sociopolitical events, keno, etc.

I don’t think there is a connection between the game and intelligence) I think any game is more about skills and understanding the rules of the game, first of all, the better a person knows them and understands how his opponent plays, then he will play better accordingly. There are cases when people with great intelligence and knowledge do not know how to tie their shoelaces. Not all geniuses are good at gambling.

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I don't think there is an actual correlation between the prefered gambling games of someone and the actual level of so called intelligence that person has. If anything, I would dare to say the selection of games only shows a little bit about the personality of the gambler and the level of thrill he/she may be seeking by gambling. For example, if a gambler decided to spend most of their spare time playing games like dices and plinko where one can regulate the risk and the multipliers, when I would that that person has a different personality then someone who prefers to play games like Crash or go in sportbetting. Specially Crash, because one does not have a sense or control over what they multiplier is supposed to be.

The concept of intelligence is very vague by itself, by the way, it does not only depends on the capacity of a person to store information as popular culture has taught us, it is also about emotional intelligence, solving problems and social interaction, among other things.

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Quote from: Kelward on December 19, 2023, 08:35:07 AM

Quote from: alastantiger on December 14, 2023, 06:59:05 PM

Does the type of game you play at a casino or sports you bet on show an individual's level of intelligence or how smart a person is?
Blackjack, Poker, slots, roulette, baccarat, sports betting, horse racing, betting on sociopolitical events, keno, etc.

I know for sure that sports bet gamblers and lotto gamblers do a lot of calculations and predictions, you'll see then in bet shops and they'll take a very long time in forcasting the outcome of games, for lotto, it's string keys that'll give them accurate winning numbers. I believe the amount of time that is involved in calculations of these bets means that it's gamblers must be intelligent, otherwise they won't be spending much time in bet shops for nothing. They even have vendors that can predict and sale winning numbers for lotto, and winning teams for sports bet, theses are things that I've witnessed, it's not that I was told.

Although no matter the level of intelligence that is displayed in gambling, the luck factor still plays a major role in the outcome of the bet. So it's better that a gambler is betting to entertain himself, with amount that he can afford to loose, so whether win or lose, it won't affect the fun.

Precisely winning is not determined by the level of intelligence or skill level of each gambler, because gambling is basically just luck that can be obtained and accepted by everyone at any time, whether rich or poor, you might say. an unexpected stroke of luck.
It's very true what you say, it's better to bet with the money we have and if possible also limit the money we will bet there, because we can lose in an instant if that happens then we will feel sad because we lost the money, therefore Manage your finances It is important when playing gambling so that we don't get stressed when thinking about losses that may occur frequently.

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Quote from: alastantiger on December 14, 2023, 06:59:05 PM

Does the type of game you play at a casino or sports you bet on show an individual's level of intelligence or how smart a person is?
Blackjack, Poker, slots, roulette, baccarat, sports betting, horse racing, betting on sociopolitical events, keno, etc.

I know for sure that sports bet gamblers and lotto gamblers do a lot of calculations and predictions, you'll see then in bet shops and they'll take a very long time in forcasting the outcome of games, for lotto, it's string keys that'll give them accurate winning numbers. I believe the amount of time that is involved in calculations of these bets means that it's gamblers must be intelligent, otherwise they won't be spending much time in bet shops for nothing. They even have vendors that can predict and sale winning numbers for lotto, and winning teams for sports bet, theses are things that I've witnessed, it's not that I was told.

Although no matter the level of intelligence that is displayed in gambling, the luck factor still plays a major role in the outcome of the bet. So it's better that a gambler is betting to entertain himself, with amount that he can afford to loose, so whether win or lose, it won't affect the fun.

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Quote from: alastantiger on December 14, 2023, 06:59:05 PM

Does the type of game you play at a casino or sports you bet on show an individual's level of intelligence or how smart a person is?
Blackjack, Poker, slots, roulette, baccarat, sports betting, horse racing, betting on sociopolitical events, keno, etc.

Not really no? I mean, If it was, researchers would've scrambled to try and determine its usages and feasibilities in terms of anything and everything really. I reckon you can use it to determine their personality albeit a bit forced, but there's no exact 100% answer to that and there would always be edge cases on it. As for level of intelligence, heck you can survive here even if you closed your eyes and pray every time you play, highly doubt they can filter those instances out. If they don't, then the entire context of being able to quantify an individuals intelligence or even categorize it vanishes really.

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Quote from: alastantiger on December 14, 2023, 06:59:05 PM

Does the type of game you play at a casino or sports you bet on show an individual's level of intelligence or how smart a person is?

Gambling is something that anyone can easily play and a person doesn't need to be very smart to gamble. The most important factor in gambling is that a person can think and plan in order to manage his/her budget correctly. Of course, some gambling games affect a person's chances of winning depending on their thinking, planning and management skills but as I mentioned there is no need for a person to be very intelligent to gamble.

On the other hand, it shouldn't be forgotten that there are various advantages of being able to count cards or follow the game order statistically in some gambling games. In other words, depending on the type of gambling game, having a certain skill or intelligence can bring various advantages. However, as I mentioned a person doesn't need to be of high intelligence to gamble.

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Quote from: alastantiger on December 14, 2023, 06:59:05 PM

Does the type of game you play at a casino or sports you bet on show an individual's level of intelligence or how smart a person is?
Blackjack, Poker, slots, roulette, baccarat, sports betting, horse racing, betting on sociopolitical events, keno, etc.

Nope, the only thing that really shows intelligence is 1) if a person understand the basic math that they are going up against and 2) if they are able to find a successful, long term and reproducible strategy that makes them a winner. It's possible to do that with things like sports betting, but it requires a lot of thought and tracking to determine if you're either just lucky with a lot of variance, or are able to produce a consistent profit. Other games like poker clearly have winners and losers, because the house wins if you just sit down at a table and contribute to the rake, however you're more likely to find success at a physical poker table that does not rely on random number generators or potentially manipulative algorithms.

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Quote from: alastantiger on December 14, 2023, 06:59:05 PM

Does the type of game you play at a casino or sports you bet on show an individual's level of intelligence or how smart a person is?
Blackjack, Poker, slots, roulette, baccarat, sports betting, horse racing, betting on sociopolitical events, keno, etc.

I think that the level of a person's intelligence does not depend on what type of game he chooses. But I believe that a person’s temperament can depend on this. What kind of person is he by nature? What race he belongs to, perhaps even what culture he is from and what kind of people surrounded him. Perhaps the kind of games in which he or someone close to him got lucky one day. In general, I believe that intelligence does not depend on the type of game, but the type of person can depend

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Quote from: alastantiger on December 14, 2023, 06:59:05 PM

Does the type of game you play at a casino or sports you bet on show an individual's level of intelligence or how smart a person is?
Blackjack, Poker, slots, roulette, baccarat, sports betting, horse racing, betting on sociopolitical events, keno, etc.

Yes, I would say that this is a fair correlation to make.

Of course, those who are just having some genuine fun might pick a slot machine that they like, or throw some money on a roulette wheel...though if we look at the house edge or EV, we know that Poker is a game where you can potentially gain positive EV based on your skill and Baccarat has a low house edge compared to other table games. On the other side, slots and keno usually have the largest house edge, ans sports/horse racing a susceptible to fixing. If someone is seriously playing the latter in the pursuit of winning, while the former options are available to them, then I believe that it is fair to say that this says something about their intelligence.

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Quote from: komisariatku on December 18, 2023, 11:50:34 AM

I don't agree that gambling can be used as a reference to measure someone's intelligence. Basically most gambling is based on luck, maybe we can do card analysis and counting but nothing is certain, it's all just probability and luck.

I also don't agree with this and don't think it's right to assume the way we gamble is the measure of how intelligent we are in life, gambling should be done with our personal best of interest, not because we are forced or required to do so, but because we have chosen to gamble and also have access to every entitlements that comes as benefits from being a gambler, luck and skills all works together to determine the expectation we have from it.

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Quote from: alastantiger on December 14, 2023, 06:59:05 PM

Does the type of game you play at a casino or sports you bet on show an individual's level of intelligence or how smart a person is?

No? I think it is not the type of the game a person play show how smart he is. It is how he deal with the gambling games he is playing. Anyone can play any gambling games but it does not make him a smart gambler. Only those who are able to control his urge to gamble, minimize his potential losses while maximizing the possibility to profit in his gambling session can be labeled a smart gambler.

Quote from: ChiBitCTy on December 18, 2023, 01:20:19 PM

Anyone who gambles on animals as a sport are not only not intelligent, their inconsiderate asshole who seemingly fine on watching a beautiful horse whos all hocked up run a race, risking injury that OFTEN ends in death. It's sick and cruel and show a major lack of intelligence in my mind. Sorry as an animal advocate I can't not speak out

I highly agree on this, those inconsiderate people who is cruel on animals should be put to jail but sadly the government and gaming commission put blinds on this kind of cruelty.

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Quote from: alastantiger on December 14, 2023, 06:59:05 PM

Does the type of game you play at a casino or sports you bet on show an individual's level of intelligence or how smart a person is?
Blackjack, Poker, slots, roulette, baccarat, sports betting, horse racing, betting on sociopolitical events, keno, etc.

Anyone who gambles on animals as a sport are not only not intelligent, their inconsiderate asshole who seemingly fine on watching a beautiful horse whos all hocked up run a race, risking injury that OFTEN ends in death. It's sick and cruel and show a major lack of intelligence in my mind. Sorry as an animal advocate I can't not speak out

As for the other stuff..heck yes it make a big difference Intelligence is needed in games like Poker, Roulette and especially blackjack. My father was the most intelligent person I'd ever known. He loved to gamble, but he was very smart about it. I can't tell you how many blackjack books he read. He would hate playing with one of my uncles because he was a terrible plyer and would mess up the game. He's certainly not as smart as my father way. It matter.

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In as much as anyone has the right to play any game (and lose any game Grin

), I believe that intellectual gambling is a thing. Some gambling games are about numbers and people who are intelligent with number have a better chance to win. Playing that game can show that you are intelligent if it’s one of the games that really needs intelligence. If some spoke about a gambler and said “he’s really great at Blackjack” then wouldn’t you think of the person as intelligent and strategic? So yes, the type of games you play/gamble on can show your intelligence level.

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Quote from: dimonstration on December 18, 2023, 12:31:19 PM

Quote from: komisariatku on December 18, 2023, 11:50:34 AM

Quote from: alastantiger on December 14, 2023, 06:59:05 PM

Does the type of game you play at a casino or sports you bet on show an individual's level of intelligence or how smart a person is?
Blackjack, Poker, slots, roulette, baccarat, sports betting, horse racing, betting on sociopolitical events, keno, etc.

I don't agree that gambling can be used as a reference to measure someone's intelligence. Basically most gambling is based on luck, maybe we can do card analysis and counting but nothing is certain, it's all just probability and luck.

However, those who have good emotional control can usually take advantage of gambling. Gambling games usually play more on the emotions of the players, when we lose we become emotional and continue betting to win back the money we lost, or when we win we become emotional/greedy and want to win more by increasing the bet. In the end we will lose more money or lose the money we have won

So, I think gambling can determine a person's level of emotional control, not a person's level of intelligence

Technically speaking, people that is good on statistics and probability has a better chance of winning or rather not losing huge amount compared to dumb gamblers that doesn’t knew to do bankroll management.

In fact, people who are good at mathematics are not necessarily experts at playing poker because poker does not deal all the cards so it is difficult to count. But if one can control the bankroll then it is the best way to increase the chances of luck coming

Quote from: dimonstration on December 18, 2023, 12:31:19 PM

If we think about what the OP really trying to point out here. He is just using the difficulty of the mechanics of the game to measure intelligence of player like slots is the easiest game while poker is the hardest. Cheesy

I agree that slots are an easy game and do not require much thought because we only need to press the spin button. But in my opinion poker is not a game of intelligence but rather a game of intimidation. Whoever can intimidate his opponent can win without needing to open the cards. Apart from that, poker is still a game that relies on luck, because big cards don't always win against small cards.

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Quote from: komisariatku on December 18, 2023, 11:50:34 AM

Quote from: alastantiger on December 14, 2023, 06:59:05 PM

Does the type of game you play at a casino or sports you bet on show an individual's level of intelligence or how smart a person is?
Blackjack, Poker, slots, roulette, baccarat, sports betting, horse racing, betting on sociopolitical events, keno, etc.

I don't agree that gambling can be used as a reference to measure someone's intelligence. Basically most gambling is based on luck, maybe we can do card analysis and counting but nothing is certain, it's all just probability and luck.

However, those who have good emotional control can usually take advantage of gambling. Gambling games usually play more on the emotions of the players, when we lose we become emotional and continue betting to win back the money we lost, or when we win we become emotional/greedy and want to win more by increasing the bet. In the end we will lose more money or lose the money we have won

So, I think gambling can determine a person's level of emotional control, not a person's level of intelligence

Technically speaking, people that is good on statistics and probability has a better chance of winning or rather not losing huge amount compared to dumb gamblers that doesn’t knew to do bankroll management.

If we think about what the OP really trying to point out here. He is just using the difficulty of the mechanics of the game to measure intelligence of player like slots is the easiest game while poker is the hardest. Cheesy

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Quote from: komisariatku on December 18, 2023, 11:50:34 AM

I don't agree that gambling can be used as a reference to measure someone's intelligence. Basically most gambling is based on luck, maybe we can do card analysis and counting but nothing is certain, it's all just probability and luck.

However, those who have good emotional control can usually take advantage of gambling. Gambling games usually play more on the emotions of the players, when we lose we become emotional and continue betting to win back the money we lost, or when we win we become emotional/greedy and want to win more by increasing the bet. In the end we will lose more money or lose the money we have won

So, I think gambling can determine a person's level of emotional control, not a person's level of intelligence

The gambler who want to buy the property they need to earn more money than other gamblers.So he should use his own strategy for the gambling game,then the gambler will not blame the gambling site for the loss.Mostly of the gamblers not going to praise the gambling site for their money winning in the gambling site.The gambler who control their emotion in the gambling site had more chances of winning in the gambling site.The gambler who win the game will not control the emotion after the win,So the most probable result will be the loss in the gambling site.Some gamblers had the unique style of playing the game,they easily handled the emotions after the win or loss in the gambling site.

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Quote from: alastantiger on December 14, 2023, 06:59:05 PM

Does the type of game you play at a casino or sports you bet on show an individual's level of intelligence or how smart a person is?
Blackjack, Poker, slots, roulette, baccarat, sports betting, horse racing, betting on sociopolitical events, keno, etc.

I don't agree that gambling can be used as a reference to measure someone's intelligence. Basically most gambling is based on luck, maybe we can do card analysis and counting but nothing is certain, it's all just probability and luck.

However, those who have good emotional control can usually take advantage of gambling. Gambling games usually play more on the emotions of the players, when we lose we become emotional and continue betting to win back the money we lost, or when we win we become emotional/greedy and want to win more by increasing the bet. In the end we will lose more money or lose the money we have won

So, I think gambling can determine a person's level of emotional control, not a person's level of intelligence

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Quote from: alastantiger on December 14, 2023, 06:59:05 PM

Does the type of game you play at a casino or sports you bet on show an individual's level of intelligence or how smart a person is?
Blackjack, Poker, slots, roulette, baccarat, sports betting, horse racing, betting on sociopolitical events, keno, etc.

A person can be intelligent and yet not good in gambling, and likewise, a person may not be intelligent but yet good in gambling, so it's likely vice versa, as gambling alone can never be seen as a factor alone to determine one's intelligence. Hence, I think getting the full definition of what "Intelligence" is will give us a clearer view on if will the game one gamble on reveals his/her level of intelligence.
So according to Oxford Google Dictionary, "Intelligence is defined as the ability to acquire and apply knowledge and skills"., and as such, to be able to be good in any of these gambling games, it's a must one needs to have good knowledge of it, which could also be called "intelligence", of which you having a knowledge of 1 or 2 do not determine the level of how intelligent you are

Topic: Type of gambling and Intelligence (Read 674 times)