Post
Topic
Board Gambling discussion
Re: Math and Gambling
by
Porfirii
on 06/12/2023, 11:42:19 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.

That's because poker is very different from other gambling games based on pure luck. In poker, skill weights more than other factors (like 80% if I'm not wrong), so that's why some individuals excel the way you said.

But math's won't help you make money in other pure gambling games like roulette, dice, crash, slots...


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?

Not everything in your life is meant to be used to make money. If that's your main goal in your life, I think that you're losing something really valuable.

It is true that in school they don't teach you some interesting practical things that one must learn on his own, but that's not a reason to say that school is not important.