If you want to be a winning gambler, play against someone dumber than you.
As it goes, that is one of only two ways to almost guarantee you will come out ahead in games of chance. All casinos, bookmakers, and on-line gambling sites religiously follow this rule. Think about all the gullible people who go to Las Vegas, most of them set a limit on how much they are prepared to lose, and that’s before they even walk into a casino. After they start hitting the booze, who knows?
Just how dumb is that? Imagine saying I am prepared to stand in a bar tomorrow, and slowly tear up $300, and then set fire to the pieces. Broadly, that’s what you’re doing if you bet against the house in a casino. But, there is one thing you can bet your life on, in the medium and long-term, the house always wins. Always. But that doesn’t matter to gamblers, because they never talk about thow much they’ve lost, only about how much they’ve won. Gamblers are so dumb, and so very sad.
Most people who gamble are as dumb as a doornail, in one very specific way, they gamble. Even otherwise highly intelligent people are dumb when it comes to betting / gambling / playing cards / playing the ponies…
Maybe the most intelligent 10% who gamble have some idea of how it all works, but almost all of them make two mistakes. First, they think there is such a thing as a ‘system’. Second, they think gambling is based on statistics. Both assumptions are completely false.
There is no system in pure games of chance. None whatsoever. A system that guarantees winning at any game of chance is a complete myth. Even consulting a witch and her familiar never works. So, if you think you know how to win at roulette, you’re even dumber than I thought you were.
Statistics cannot predict the future, and betting is all about predicting the future. Statistics only measures the past, and is useless to a gambler unless you are both an odds-player, and a card-counter. Can you remember every card played out of a possible 52, or out of 312? I can’t. If you can you will get thrown out of the casino anyhow.
Anyhow, if you’re that good, perhaps you should be betting at the craps table.
To predict the future you have to know about probability theory. Probability theory is to statistics as putting a man on the moon is to thermodynamics. But, if you know all about random variables, stochastic processes, and quantum mechanics, then you may have a future as a gambler. And, you will still get thrown out of the casino.
At this point you may realise two things; #1. I know about gambling. #2. I think gambling and gamblers are very dumb.
The second way to almost guarantee you will come out ahead in games of chance is to cheat. But, I won’t tell you how to do that either.