Re: Gambling and Fengshui

Haha you are very correct in pointing out that the mathematical expectation cannot be changed by Fenshui.

In my opinion, the most correct solution that will benefit the gambler is the study of game theory, mathematical expectation and probability theory. This will really help you to understand what are the chances of winning in this or that game.

Plus just have COMMON SENSE. In a time line long enough, if a player keeps playing, he/she can never win against the house which has a mathematical edge vs. him/her. He/she can position himself geographically in accordance to "Fengshui", still it cannot break the laws of mathematics for the player. There are no miracles, and there are no accidents in the physical universe.

I don't quite agree with you. In gambling, as in real life, there are accidents through which a person can get rich without knowing it, but it does not depend on his religion, faith and his choice since randomness is built into the casino algorithm.

Someone can participate in the lottery his whole life, but did not get a lot, and someone can buy a ticket and get fabulously rich. That is what randomness is all about.

I certainly agree. No matter how deep your faith is, and how knowledgable you are when it comes to mathematical thoery and algorithms, if you are not lucky in betting, your strategies will not work. Anyone, even those who are not skilled or educated can get rich instantly if they're destined to be lucky.

It depends, if you are playing a game of skill like poker then luck while important is not the determining factor but your skill, however poker is one of the few exceptions where this is true.

For most of the games you are right, people will have to rely 100% on their luck and if they do not have it then they will never get any positive results, while those which are fortunate to have it could even become incredibly rich under the right circumstances.