Are there any ways to do gambling (lotto write-in tickets and scratchoffs, casino gambling - craps tables, slot machines) where you can actually profit without cheating, or is the system always just rigged to make you lose and go into debt?
Gambling - profit or pissing it all away?
Isaac Williams
Ian Murphy
Craps and poker, everything else is a money pit. You need a certain IQ to make it, though.
Hudson Hughes
machine learning algos
Juan Davis
Lotteries were the state co-opting the numbers game. Which was actually much fairer.
Jaxson Sanchez
I have a higher chance of winning top prize on a scratchoff than I do of getting laid
Isaiah Torres
nah the house has an edge in craps on every come out roll since they don't pay the don't pass on a 12. poker sure you can make it, but you still have to understand there's rake and variance. even with rake and variance in poker you're still able to create your own odds to a point and through superior decision making and with risk management you can definitely make it.
Jackson Gomez
actually baccarat has a true 50-50 so in theory if you double your previous bet every time you lose even if you lose 100 times in a row on the 101st time you'll win back your initial bet. But if you start with 1 dollar and lose 5 times the sixth bet will have to be 32 dollars and you'll have to have put up 63 total to get to that point, you lose again it's going to be another 64 and a 127 total. If you're actually going to be trying to make money you're going to multiply that starting bet 500 times so you're really looking at risking $63,000 to make 500 bucks which just seems asinine on paper, and then if you lose that, you're need to be willing to risk over 100 grand just to make 500. It's called variance and you do it enough times you'll see that kind of string of outcomes.
Anthony Smith
the only reason i don't play poker professionaly is because as a job you've got to work to actively seek out losers, and you really can't really have any friends or build any kind of relationship with the people you're spending a large portion of your time with. It was literally just me against the world at the table when i did play professionally and I mean I can still walk into any poker room anywhere in the world and win more than my fair share pots, but it's nothing to make a career out of unless you're a loner or network into and become some kind of celebrity to profit off side endorsements.
Noah Brooks
>you really can't really have any friends or build any kind of relationship
Wow turns out I've been playing poker my whole life!
Angel Barnes
yeah if you have no empathy and are a complete sociopath pokers a great game for you.