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?
Chris Ferguson is a great poker player, I loved to watch him in the 2000s on TV. The Poker After Dark Series with him, Doyle Brunson, Tom Dwan, Phil Ivey, Daniel Negreanu, etc. was awesome. So many great personalities that taught me a lot about poker. However, you can't really use poker as the standard gambling game we are going to play, because it's completely different from all the other games we can play at the casino. Biggest difference is that we are not playing against casino, only against other players. In the traditional casino games, it's us against the casino, which always has an advantage over us with their house edge. Mathematics is not going to change the fact that the more we play, the closer we will get to the expected values of the games and likely lose money. With poker we don't have to worry about the casino, because they take a fixed rake per hour from each round for providing the infrastructure to play online poker. We only need to a have a decent strategy to play better than our fellow gamblers. So, it's good to learn math and statistics for gambling, just don't expect to find a strategy that is making you consistently money in all type of casino games.