THE ODDs ARE NOT IN YOUR FAVOUR: WHY YOU SHOULDNT GAMBLE AT ALL!!

[Jimcel]

At its core, gambling is just applied probability.
Every game is built on mathematical odds that determine how often you are expected to win or lose.

Because of this, gambling is better understood by statisticians than gamblers themselves.

What do statisticians say?​

Statisticians analyse gambling using expected values, and they consistently reach the same conclusion:

The odds are in favour of the house. Always.

Source:
https://www.theyeshivaworld.com/coffeeroom/reply/1002682?utm_source=chatgpt.com

You should only gamble strictly with the mindset that you are going to lose your money - don't rely on it as a source of income

 

[GoErOnFoids]

At its core, gambling is just applied probability.
Every game is built on mathematical odds that determine how often you are expected to win or lose.

Because of this, gambling is better understood by statisticians than gamblers themselves.

What do statisticians say?​

Statisticians analyse gambling using expected values, and they consistently reach the same conclusion:




Source:
https://www.theyeshivaworld.com/coffeeroom/reply/1002682?utm_source=chatgpt.com

You should only gamble strictly with the mindset that you are going to lose your money - don't rely on it as a source of income

goddamn right

 

[MouthBreathingElite]

Dnr+gambling is free money

 

[Ted Bundy]

just play poker or blackjack as an advantage player

 

[Jimcel]

goddamn right

Glad someone agrees

 

[looks>books]

Youre right but its just fun

Also ive never lost in roulette

 

[Jimcel]

Youre right but its just fun

Also ive never lost in roulette

thats all gambling should be used for - fun

Also the chances of never losing in roulette is astronomically small, so consider yourself lucky

 

[Jimcel]

just play poker or blackjack as an advantage player

haha i guess bro

 

[Jimcel]

Dnr+gambling is free money

Free money for the house

 

[Ted Bundy]

Free money for the house

you gain a 1.5 advantage over the house if you are an blackjack AP

 

[inversions]

Water lol

 

[Jimcel]

you gain a 1.5 advantage over the house if you are an blackjack AP

How many gamblers are Advantage players out of total gamblers

 

[Jimcel]

Water lol

Should be but you'd be surprised with the amount of people that dispute this

 

[metaaa]

At its core, gambling is just applied probability.
Every game is built on mathematical odds that determine how often you are expected to win or lose.

Because of this, gambling is better understood by statisticians than gamblers themselves.

What do statisticians say?​

Statisticians analyse gambling using expected values, and they consistently reach the same conclusion:




Source:
https://www.theyeshivaworld.com/coffeeroom/reply/1002682?utm_source=chatgpt.com

You should only gamble strictly with the mindset that you are going to lose your money - don't rely on it as a source of income

Gambling will forever be dope no matter if I lose or win

 

[inversions]

Should be but you'd be surprised with the amount of people that dispute this

There's a law in the UK

Where they have to provide the return to player % on slot machines

And it's always a loss

You have to be retarded

 

[Jimcel]

There's a law in the UK

Where they have to provide the return to player % on slot machines

And it's always a loss

You have to be retarded

can be a dopamine addiction that's causing people to constantly gamble also.

Maybe deep down they know the odds aren't in their favour but just cant accept it due to the dopamine addiction