iamsheikhadil Posted October 18, 2019 #1 Posted October 18, 2019 Many say gambling is all abut strategies, odds and calculations which should and does raise a question, if it is so, why aren't mathematicians the richest people in the world? Because they would definitely be the one to beat the casino with their talents. And they aren't and it's a reality. Does it just proof to those who consider gambling as luck plus skill that gambling is just pure luck and no skill involved? What do you think?
dkpiiit953 Posted October 18, 2019 #2 Posted October 18, 2019 I think that there is no possibility of winning in the long term at the casino even with mathematics, there may be possible solutions to win in the short term. I think that there is no possibility of winning in the long term at the casino even with mathematics, there may be possible solutions to win in the short term. I think he will know how to handle it and avoid the frustration, the temptation and the desire to win big. looking forward to reading you
FotisNt Posted October 18, 2019 #3 Posted October 18, 2019 Simply because gambling is not about odds, house always wins, you can only beat the house once your bankroll is way higher than house's. Also beatting the house is impossible online, cause you can't make the rules.:)
cukup2 Posted October 18, 2019 #4 Posted October 18, 2019 I think not all gambling games can be calculated using mathematical formulas, but playing gambling requires a good strategy as well so that we can minimize defeat. for example, if you come with $ 1000 without using a strategy and only rely on luck, maybe if you are unlucky, $ 1000 will run out in minutes or seconds, but if you play with the strategy, even if you lose $ 1000, we will not lose quickly and maybe slowly will again, your initial balance of $ 1,000 is increased.
GKD09 Posted October 18, 2019 #5 Posted October 18, 2019 Isn't it mathematics that calculated the odds, multipliers and the payouts for the casino games? Maybe not great mathematicians, but the creators of these casino games used mathematics to create a game which provides a house edge for the casino. For example the famous roulette. Likewise here on Stake the Dice 2x payout which has only a 49.50% chance of win when ideally it should be a 50-50 chance. And so on with all the other games such as Plinko, Keno and now slots. Where each setting has to provide that house edge they require. So there is no real way for any mathematician to undo what they just created when it is what it is. Surely with luck you can hit a 2 in a row of say 95x maybe in your first 40 rolls, but there's no way to beat the game with math I believe. Even with simple strategies such as martingale the game doesn't allow you to place an infinite bet, so you still lose. I'm sure a mathematician can find a very promising strategy that gives you a better chance to win with the bank roll you have but even they can't beat the odds because that is just how it is.
niki014 Posted October 18, 2019 #6 Posted October 18, 2019 yes they are if you gamble on live blackjack and they let you count your cards then the odds are in ur side and the casino is losing in long term there is no safe zone for no1 in casino even if ur iq 200 u still gonna lose if u stay to long
wyj1306 Posted October 18, 2019 #7 Posted October 18, 2019 10 hours ago, iamsheikhadil said: Many say gambling is all abut strategies, odds and calculations which should and does raise a question, if it is so, why aren't mathematicians the richest people in the world? Because they would definitely be the one to beat the casino with their talents. And they aren't and it's a reality. Does it just proof to those who consider gambling as luck plus skill that gambling is just pure luck and no skill involved? What do you think? I don't think it's just mathematical questions either, but the main factor for me to make a good bet for me is emotional control and greed control, and of course a good deal of luck.
Vusal Posted October 18, 2019 #8 Posted October 18, 2019 In gambling there are mathematical calculations. But not big. And the rest is luck. You also need to play with the computer so that it does not deceive you. You to deceive him.
Ali saher Posted October 18, 2019 #9 Posted October 18, 2019 I think skills and luck both things need in gambling
barbaris Posted October 18, 2019 #10 Posted October 18, 2019 Definitely win in the casino will help only luck. But it is likely that some mathematical knowledge and abilities can increase the chance of victory, but this cannot guarantee you 100% confidence in victory.
akmal1984 Posted October 18, 2019 #11 Posted October 18, 2019 in my opinion the strategy is just an initial or basic preparation before we gambling. For example, with a balance of 1 btc, we must not enter the casino all the time and pay 99x. this can make us lose. the greater luck factor is in control for us to win.
Sumedang Posted October 18, 2019 #12 Posted October 18, 2019 in my opinion, not all gambling applies mathematics and if it does, it will not be easy because the house must have a system in which to balance the existing money circulation so it cannot be relied upon in the long run.
Aiza824 Posted October 18, 2019 #13 Posted October 18, 2019 This is an oxymoron. Simple. Mathematicians never play these kinds of games because they know they will lose at the first place. They know that casino games will never be profitable. Rule of thumb- any game with the odds stacked against the player's favor cannot be won unless you have more money than the owner itself. So... I will ask you this- do you have a money that's a lot more than Edward? Let's say, if you do, then why even take a fair risk of losing your riches to him when you can just buy a share of his business? Most of the people here come to think that they can earn money here after all so... if majority of the people here failed to even just dent his box of treasure, why would one with, say, 5000 BTC would risk it to a game of chance when he could just knock on the owner's door and begin a business proposal for a 100% win? 😏
firewolf7876 Posted October 19, 2019 #14 Posted October 19, 2019 loool i think mathematics know better than to gamble, only other people say so, becouse mathematicaly you are losing with every bet, 1% , lol so no, math cant, and those people say bullshit.
iamsheikhadil Posted October 19, 2019 Author #15 Posted October 19, 2019 4 hours ago, Aiza824 said: This is an oxymoron. Simple. Mathematicians never play these kinds of games because they know they will lose at the first place. They know that casino games will never be profitable. Rule of thumb- any game with the odds stacked against the player's favor cannot be won unless you have more money than the owner itself. So... I will ask you this- do you have a money that's a lot more than Edward? Let's say, if you do, then why even take a fair risk of losing your riches to him when you can just buy a share of his business? Most of the people here come to think that they can earn money here after all so... if majority of the people here failed to even just dent his box of treasure, why would one with, say, 5000 BTC would risk it to a game of chance when he could just knock on the owner's door and begin a business proposal for a 100% win? 😏 Lol good explanation. It's true that mathematicians don't gamble since with math only they can know that their chances of losing in the long term is 100% but I was just throwing the question to those who say gambling is also a game of skill and can be beaten with proper calculations. Well, too bad.
rararararay08 Posted October 19, 2019 #16 Posted October 19, 2019 because they don't know how to solve and how play all games in casino, mathematicians are just like us who play here, they have weakness and they have luck. they just know about the numbers but not the game, they just know how to calculate but they don't know when they luck comes. and for most they know that once they enter in gambling world, they will lose what they have. no strategy or calculation makes you rich. it always comes on luck.
sheenazbay Posted October 19, 2019 #17 Posted October 19, 2019 in my opinion all about strategy, opportunities, and calculations just to minimize defeat, does not mean it will never lose. and I think gambling depends on the luck and skill of each gambler
nuuuitsjdragon Posted October 19, 2019 #18 Posted October 19, 2019 On 10/18/2019 at 1:01 PM, iamsheikhadil said: Many say gambling is all abut strategies, odds and calculations which should and does raise a question, if it is so, why aren't mathematicians the richest people in the world? Because they would definitely be the one to beat the casino with their talents. And they aren't and it's a reality. Does it just proof to those who consider gambling as luck plus skill that gambling is just pure luck and no skill involved? What do you think? There are examples of talented card-counters who have made a whole lot of money from casinos. For the rest, I would assume knowing the math lets them visualise a sure-loss over the long term, which would steer them away from Gambling in general.
wry Posted October 19, 2019 #19 Posted October 19, 2019 On 10/18/2019 at 1:01 AM, iamsheikhadil said: Because they would definitely be the one to beat the casino with their talents No, they don't even go to the casino in the first place because they know that the games are mathematically against them. Now maybe the work FOR the casinos and get rich that way. But there is no amount of mathematical skill that can overcome house edge. Closest was counting cards in Blackjack and that is as much memory as math skills.
blueprints Posted October 19, 2019 #20 Posted October 19, 2019 i tihnk there is more to gambling then just strategy and mathematics. There are factors that cannot be controlled or accurately predicted no matter how much data a person may have that risk will always be there. i mean if it wasnt there then what fun would gambling be
wngo123 Posted October 20, 2019 #21 Posted October 20, 2019 It's all about chances and probability. you can easy calculate your chance to win the lottery and how many tickets you need to buy in order to be sure to win. Usually the cost would exceed the winning prize. Unless the lottery is poorly designed. There was mathematician who actually did that with some of the lotteries and won, but then they quickly changes the rules to make it more difficult. Same goes with betting on stake. To be sure to win a bet you would need to spend tons of money exceeding the prize you would get. So because of probability we are stuck and hope just for luck.
Tyler Ashcroft Posted October 10, 2020 #22 Posted October 10, 2020 When gambling against other bettors, there’s more to it than probability, there’s psychology! Human psychology can kick in at any point. But maybe especially when the stakes are highest – and when it comes to gambling, that’s adrenaline and fear. Fear of a big loss and fear of continuing with a strategy when you’ll likely need loss after loss before you get to the point of a win. Combine this with a demoralizing loss of face at the table, and the emotion that can override the intellect becomes a potent force. You can see YouTube video about it https://youtu.be/A9-MsKOQyoM
quincypromsi Posted October 10, 2020 #23 Posted October 10, 2020 I heard about a guy that broke the lottery but he is banned from all the countries , now about odds you might lose in the long term , there is strategies that can make you good money but you can also lose all your money.. thats why gambling exist otherwise it wont, its all about investing.. you can play 100k on red/black roulette and double it everytime which you gonna win at the end, but there is bet limits at the casinos thats why you always lose at the end
nolanshaw Posted October 10, 2020 #24 Posted October 10, 2020 On 10/18/2019 at 7:29 PM, Aiza824 said: Simple. Mathematicians never play these kinds of games because they know they will lose at the first place. They know that casino games will never be profitable. Well said, the best way to win an unwinnable game is to not play in the first place, and Mathematicians know this.
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