Post
Topic
Board Gambling discussion
Re: Are Nassim Taleb's ideas useful in gambling?
by
Wind_FURY
on 29/04/2024, 09:09:04 UTC

I have long wanted to discuss the following topic with users and participants in gambling discussions. Do you think Nassim Teleb's philosophy can be of any use in gambling? His various ideas and theories? Let me just list some of his ideas and you can comment on how, if any, benefits can be gained from this:

1. Ideas from the book “Fooled by Randomness.” There are many ideas that boil down to the fact that we often mistake randomness for a pattern.


This is very useful for those addicted gamblers, that keeps losing. They should learn that RNGesus is RANDOM, they're not being cheated, and their "losing streak" is merely a product of a random sequence of situations like the "winning streak".

Quote

2. Ideas from the book “Black Swan”. Strategies based on anticipation of the Black Swan.


A strategy based on a theory that's based on an idea of something absolutely unpredictable? Prepare to lose all your Bitcoins. Hahaha.