If you do the math, there is literally 0% chance of winning in most gambling. Especially because of the fact plenty of them are rigged.
Arguably the safer bet if one wants to gamble is stock investing, but only after doing due research and willing to be patient to see its results. For those willing to do CFD stock trading, the person would require not just research and patience, but also nerves of steel not to panic.
But I think that most addicted gamblers don’t like the win, they just want the dopamine hit of playing.
I had friends who used to play online poker in uni. They’d have 5 or 6 screens open at once and just play the dominant strategy for each hand. Was good for some extra beer money.
Also work with a dude who is a former professional poker player. Although when he explained his schedule to me it sounded a lot like a regular job. Good years he could make £40k out of it but not crazy money.
I guess poker is somewhat more predictable compared to other gambling but I am not too familiar with it. But in racing and dice games, plenty of games are rigged or that there simply isn’t chance of winning in many, if not most, bets. I remember doing statistics and probability in school, and one of the correct answers was like zero or close to zero chance. I asked my teacher if that means literally zero chance of winning. She mentioned that that is indeed the case but most gamblers don’t realise this.
With poker the house takes a “rake” from each hand so they get a certain % of whatever is being gambled for hosting. Since the game involved skill they have to do this to ensure they are making money regardless of who wins.
Pretty much every other game is like you describe; people being bad at maths and conditioned to keep going with inconsistently timed rewards.
If you are good at math you can be very succesfull with black jack. However casinos dont really like this and this might get you kicked out. I have also heard, that they use multiple decks to make counting cards harder, but I dont know if that’s true.
If you do the math, there is literally 0% chance of winning in most gambling. Especially because of the fact plenty of them are rigged.
Arguably the safer bet if one wants to gamble is stock investing, but only after doing due research and willing to be patient to see its results. For those willing to do CFD stock trading, the person would require not just research and patience, but also nerves of steel not to panic.
But I think that most addicted gamblers don’t like the win, they just want the dopamine hit of playing.
I had friends who used to play online poker in uni. They’d have 5 or 6 screens open at once and just play the dominant strategy for each hand. Was good for some extra beer money.
Also work with a dude who is a former professional poker player. Although when he explained his schedule to me it sounded a lot like a regular job. Good years he could make £40k out of it but not crazy money.
I guess poker is somewhat more predictable compared to other gambling but I am not too familiar with it. But in racing and dice games, plenty of games are rigged or that there simply isn’t chance of winning in many, if not most, bets. I remember doing statistics and probability in school, and one of the correct answers was like zero or close to zero chance. I asked my teacher if that means literally zero chance of winning. She mentioned that that is indeed the case but most gamblers don’t realise this.
With poker the house takes a “rake” from each hand so they get a certain % of whatever is being gambled for hosting. Since the game involved skill they have to do this to ensure they are making money regardless of who wins.
Pretty much every other game is like you describe; people being bad at maths and conditioned to keep going with inconsistently timed rewards.
Isn’t blackjack a game you can also beat the house more easily than other games?
If you are good at math you can be very succesfull with black jack. However casinos dont really like this and this might get you kicked out. I have also heard, that they use multiple decks to make counting cards harder, but I dont know if that’s true.