Post
Topic
Board Gambling discussion
Re: Math and Gambling
by
wxa7115
on 30/11/2023, 01:01:16 UTC
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?

Anything is possible, but only if you have the knowledge. And math is the language of logic. If you learn to read and write it, then you can turn your dreams into reality. Winning 8 million dollars is nothing but a use-case example of exactly that. I sometimes wonder why people don't try to find out more about how the universe works. Mathematicians are basically "reality hackers" Roll Eyes

But we are talking about using math for cheating a casino out of their money. I do not think it is wise nor honorable to do that. And you might get into trouble with the law in some cases.
If you are using math to beat the casinos then you are not really cheating, you are just playing at such a high level that even if you are at a disadvantage you can still beat the casinos consistently.

And we haven seen this many times before, even on games that in theory may seem to be impossible to beat, and yet some dedicated gamblers found a way to do it, fortunately for casinos even if there are many gamblers interested in beating them, there are very few gamblers which are willing to go through the necessary steps to achieve this.