How Science is Taking the Luck out of Gambling - with Adam Kucharski

Ғылым және технология

From the statisticians forecasting sports scores to the intelligent bots beating human poker players, Adam Kucharski traces the scientific origins of the world's best gambling strategies.
Watch the Q&A here: • Q&A - How Science is T...
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Adam's book "The Perfect Bet" is available now - geni.us/9Ao9j
Spanning mathematics, psychology, economics and physics, Adam Kucharski reveals the long and tangled history between betting and science, and explains how gambling shaped everything from probability to game theory, and chaos theory to artificial intelligence.
Adam Kucharski is a Lecturer at London School of Hygiene and Tropical Medicine where his research focusses on the dynamics of infectious diseases, particularly emerging infections. Prior to this, he got a degree in mathematics from the University of Warwick, received a PhD in applied mathematics from the University of Cambridge and had a post-doc position at Imperial College London.
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Пікірлер: 2 000

  • @tyharris9994
    @tyharris99944 жыл бұрын

    I feel so lucky to be born in a time when anybody at all can just press a few buttons and find themselves being mentally enriched by an expert lecturing in any field of theory or knowledge. Quantum physics or gaming theory. Become as knowledgeable as you care to be on any subject at all. Truly remarkable.

  • @zeezone8121

    @zeezone8121

    4 жыл бұрын

    Exceedingly remarkable indeed

  • @boogiewoogie450

    @boogiewoogie450

    4 жыл бұрын

    But on the BAD side, there are alot of people and governments that are hell bent to distort knowledge , to distort information , to gain & stay on power

  • @saltservice4024

    @saltservice4024

    4 жыл бұрын

    I swear these days we can't go 5 replies to a comment on KZread without somebody finding something negative to say about something positive.

  • @markchoi5777

    @markchoi5777

    4 жыл бұрын

    Oh really? Care to answer some simple questions on quantum mechanics or game theory? Just because you watch KZread videos does not make you an expert, or even particularly knowledgeable. This comment and all the replies to it, are Dunning Kruger at its finest.

  • @Account.for.Comment

    @Account.for.Comment

    4 жыл бұрын

    @@markchoi5777 the key words are "mentally enriched" and "care to be". If you want to be expert, in theory, you can be one by watching a lot of videos and read a tons of books. Most experts do the same thing but they either have an accredition or job in the field. Or you can just a little more knowledgable of a topic you previously know or care about with the wonder of the present.

  • @MountainProspector
    @MountainProspector5 жыл бұрын

    I remember as a kid, RC Cola had some promotion where the liner inside the cap had the chance to win from a 1 free bottle up to a case of cola. One of my friends figured out that the steel caps of winning bottles were printed in slightly lighter colours than the rest. We had so much RC cola during that promotion! The best part was when we went to collect the free cola we would always choose another winner so never had to buy another bottle, lol. Happy memories as a kid.

  • @Ree1981

    @Ree1981

    4 жыл бұрын

    Sounds like something I did. I was playing a tennis game on Xbox 360 with a friend, and figured out how to tell if my friend was going left or right, or aiming left or right, before the shot had fired. A huge advantage. It was from the sound of the thumb stick hitting the left or right side of the plastic. It was just sliiiiiiightly different.

  • @wiggstock

    @wiggstock

    4 жыл бұрын

    MountainProspector, did you grow up in Texas? My brother dated one of the daughters to the RC Cola family, Ann Comegys. Back in the early 80s which is the timeframe I’m referring to I recall their family owning huge amounts of land north of Dallas. Nowadays, I live north of Dallas in McKinney and there is a Comegys creek and a few roads or streets named in reference to that family. Like you, I used to drink a lotta RC Cola for free. We just got it free for different reasons. 😉

  • @Mohatheking19

    @Mohatheking19

    4 жыл бұрын

    we did something similar when i was young ... the shop owner kicked us out because he thought we were scamming/stealing him ...

  • @happydays8171

    @happydays8171

    4 жыл бұрын

    Hated RC cola, just had a weird taste. Growing up, My best friends mother bought it by the pallet, literally. I'd rather drink water.

  • @garyvarjian3420

    @garyvarjian3420

    4 жыл бұрын

    My dad used a flashlight on a scratch off baseball card game to know how to make matches

  • @slick4401
    @slick44015 жыл бұрын

    I learned a lot of Excel by doing gambling calculations. I never won a dime, but my ample spreadsheet skills got me a very good job.

  • @NewPhone-vj4sc

    @NewPhone-vj4sc

    4 жыл бұрын

    @Munrais That is impressive. I wonder if you wouldn't mind elaborating on your job, and on one or two specific skills in Excel that have proven valuable to your employer, in case there is someone out there looking to emulate your approach.

  • @CharlesKamani

    @CharlesKamani

    4 жыл бұрын

    me too

  • @cadavernl

    @cadavernl

    4 жыл бұрын

    @@GeldorfMcleod Hence you should try it out in a brick casino. And get banned there.

  • @Nyarlathotep_Flagg

    @Nyarlathotep_Flagg

    4 жыл бұрын

    @@NewPhone-vj4sc If you're good at something, never do it for free.

  • @Andrey43915

    @Andrey43915

    4 жыл бұрын

    @@GeldorfMcleod Log the numbers from one account and play on a different account. Use pythons image recognition libraries (Open CV) to automate the logging process. And the library (numpy) to make statistical calculations. If you can log the numbers for a long period of time, then you will be able to see patterns if there is any . Good luck

  • @ckom0007
    @ckom00075 жыл бұрын

    Excellent talk! An example of someone who knows a topic so well his explanation is incredibly easy to understand. A rare talent!

  • @backlashtoignorance7371

    @backlashtoignorance7371

    2 жыл бұрын

    okay been given out this formula to low-income people unfortunately higher income people gotten it because Kevin in nc "states North Carolina comp office" was given this information ( just how to win ) to give it to the lottery ..been told by an insider he never provided the info to lottery officials he uses it for himself ( he may have quit because he has the formula) .. today the pic 4 front end should be 88 or 84...when I went to play today it say "play out exceeds payout!!!!! that how many people are playing the formula and know it!!!!!!!!!!!!!!!!!!!!!! so yeah I hope low-income people are winning, that was my objective no matter what color...just be low income. The only way this number will not play is if the lottery people have gotten smart, to date so far they have no, so it should play today..​

  • @albertsallent

    @albertsallent

    2 жыл бұрын

    True!

  • @kamnovak5268
    @kamnovak52683 жыл бұрын

    Great vid. Nice to see a lecturer who knows his subject and rarely if ever has to look at his notes.

  • @caddymix024
    @caddymix0245 жыл бұрын

    absolutely incredible talk, so fluid and so many great examples...makes me wanna go and research them all! ty

  • @tsiftsaro

    @tsiftsaro

    2 жыл бұрын

    Not fluid at all, give this man some water. His mouth and tongue sounded so dry and it bothered me the whole time.

  • @jtjj1234
    @jtjj12345 жыл бұрын

    One of the best videos I’ve watched in a long time- brilliantly presented!

  • @markhooker8520
    @markhooker85202 жыл бұрын

    Wonderful talk.Thank you for giving it, and for posting the video.

  • @Roedygr
    @Roedygr4 жыл бұрын

    This was a delight. He trips from math to history, to physics like a Mozart sonata.

  • @Garbaz
    @Garbaz7 жыл бұрын

    Great talk! A good balance of simplicity and mathematics with some great examples; Presented brilliantly!

  • @bcmasur

    @bcmasur

    6 жыл бұрын

    @Garbaz it's Happy! ;) I agree, I'm glad to see this bloke talking about all kinds of stuff I've been spouting for decades. I'm trying to do some computer analysis of blackjack in C++ but I'm a very amateur programmer... having difficulties.

  • @persona3448

    @persona3448

    6 жыл бұрын

    @bcmasur do you watch fairytail too?

  • @place6762

    @place6762

    6 жыл бұрын

    Loser

  • @richardgalbraith2019

    @richardgalbraith2019

    6 жыл бұрын

    Garbaz I

  • @cordlefhrichter1520

    @cordlefhrichter1520

    6 жыл бұрын

    Presently brillianted!

  • @uriahmrache8336
    @uriahmrache83365 жыл бұрын

    Saw this randomly in my feed (chuckle) and thought it looked interesting but had no intention of sitting here for an hour. I ended up being pasted to my screen for the entire thing completely entertained and happy for the education.

  • @eddyla2308

    @eddyla2308

    4 жыл бұрын

    me too.... plus.... repeat, repeat......

  • @kriskong9962

    @kriskong9962

    4 жыл бұрын

    wait this took an hour ???

  • @ladronsiman1471
    @ladronsiman14712 жыл бұрын

    I ..i heard a couple of lines ..and got hooked by this guy quickly ..i had to watch it all ...thanks

  • @L4zEGaming
    @L4zEGaming6 жыл бұрын

    Such a brilliant talk, covered so many topics in a simple way.

  • @dlanska
    @dlanska2 жыл бұрын

    An excellent talk on this subject. Very clear and entertaining, and expertly presented.

  • @harrish6
    @harrish63 жыл бұрын

    Excellent, well presented and entertainingly informative

  • @jimhudson4744
    @jimhudson47443 ай бұрын

    This is one of the better presentations of this subject in relation to the events of chance/randomization and our ability to predict the preferred outcome. Well done sir.

  • @bsmith6530
    @bsmith65305 жыл бұрын

    What an outstanding presentation!

  • @IceKoldKube
    @IceKoldKube6 жыл бұрын

    Great presentation ... presenter .. good stuff!

  • @exp0i0pi0
    @exp0i0pi02 жыл бұрын

    Brilliant talk and very interesting points. Thank you

  • @kenlovan3931
    @kenlovan39312 жыл бұрын

    What a wonderful, enlightening lecture! Dwelling on the content, I believe it helped me understand many facets concerning life! Thanks.

  • @Inderjeet_Singh..

    @Inderjeet_Singh..

    Жыл бұрын

    Hlo i don't know English please tell me shortly what s mean this lacture it's talk about law of attraction 🙏🙏🙏🙏

  • @Vothtrucks
    @Vothtrucks3 жыл бұрын

    One of the most engaging videos I have watched for quite some time. It is still amazing to me to have the knowledge of the world available at your fingertips. Although the subject matter has little to do with my particular area of expertise , I absorbed as much as my brain could handle . Excellent talk Mr. Kucharski !

  • @JanJaapBats

    @JanJaapBats

    2 жыл бұрын

    Its said that literally every topic on earth is now covered in a (or more) youtube video's. Find the right ones and one can skip university :)

  • @nsmbfan
    @nsmbfan5 жыл бұрын

    Thank you, this helped me with my work.

  • @henrik2766
    @henrik27662 жыл бұрын

    Educational and entertaining. A great watch:)

  • @michaelsmullen9891
    @michaelsmullen98912 жыл бұрын

    I enjoyed that. Keep it random man!

  • @BobbyIronsights
    @BobbyIronsights6 жыл бұрын

    This video was better than I expected.

  • @jayaybe1

    @jayaybe1

    5 жыл бұрын

    How good did you expect it to be?

  • @kraljevo8

    @kraljevo8

    5 жыл бұрын

    @@jayaybe1 Less so than it was.

  • @mattrhodes3498

    @mattrhodes3498

    5 жыл бұрын

    Your expectations are my priority

  • @mokujin29

    @mokujin29

    5 жыл бұрын

    Yeah , if you ignore that thick accent.

  • @darlenebennett4891

    @darlenebennett4891

    3 жыл бұрын

    "Adam Kucharski is a Lecturer at London School of Hygiene and Tropical Medicine where his research focusses on the dynamics of infectious diseases, particularly emerging infections." An incredibly relevant focus to have this year.

  • @stessert2208
    @stessert22085 жыл бұрын

    Thank you for a eloquent talk and introducing me to new concepts, subscribed :)

  • @officacialtraileraccess3138

    @officacialtraileraccess3138

    4 жыл бұрын

    J Biiiii Vu Biiiii b bio Biiiii b Vu BbBiiiii k iiiii Vu Biiiii Biiiii Biiiii ni Biiiii 6b bio Biiiii bio ni Biiiii

  • @EdMcF1
    @EdMcF15 жыл бұрын

    Great talk, makes me pleased to support the RI.

  • @alialsabe
    @alialsabe5 жыл бұрын

    This might be the best lecture I've ever seen in my life. And trust me, my sample size is pretty large!

  • @EtienneCharlier-Biz
    @EtienneCharlier-Biz5 жыл бұрын

    22:15 Kelly formula 40:02 Build the childs' mind and regret's minimization of vs expectation maximization

  • @zagreb2012

    @zagreb2012

    5 жыл бұрын

    Tnx

  • @emmanuelalghali1828

    @emmanuelalghali1828

    2 жыл бұрын

    Can u elaborate please I don’t understand

  • @petergambier
    @petergambier4 жыл бұрын

    Thankyou for posting this fascinating subject matter, very well told and illustrated by statistician Adam Kucharski. Hilarious watching the audience do Rock, Paper, scissors.

  • @rhythmandblues_alibi
    @rhythmandblues_alibi2 ай бұрын

    Excellent lecture. Would love to hear more from this speaker!

  • @jarekcimrman8382
    @jarekcimrman83825 жыл бұрын

    Thx 4 upload

  • @jasonb111222
    @jasonb1112223 жыл бұрын

    " Adam Kucharski is a Lecturer at London School of Hygiene and Tropical Medicine where his research focusses on the dynamics of infectious diseases, particularly emerging infections." An incredibly relevant focus to have this year.

  • @jimhood1202

    @jimhood1202

    2 жыл бұрын

    I'm guessing like me you would welcome a similar talk on his main area of expertise. Especially now that we are over a year into the pandemic and have a lot of data to examine.

  • @AutPen38

    @AutPen38

    2 жыл бұрын

    A lecture on the Covid pandemic would be great (albeit quickly out of date if he focused on the "latest news"), but in case you're unaware, Adam has an excellent twitter account full of explanations about Covid data.

  • @RobertLeighJames92

    @RobertLeighJames92

    2 ай бұрын

    Omg what are you his PR manager ? And it's not very relevant at all tbh.. This is why he is talking about gambling not infectious disease.

  • @laureven
    @laureven2 жыл бұрын

    I watched it 10x already, and every single time I focus on something else …great seminar .. Thank You :)

  • @mattschwab5143
    @mattschwab51432 жыл бұрын

    Very well done! Wish there was more.

  • @Absfor30
    @Absfor302 жыл бұрын

    An excellent lecture and the fact that it is freely available is a reminder that we all have the opportunity to improve ourselves and learn something new and it doesn't have to cost a thing (internet access permitting of course).

  • @DoubleGlog
    @DoubleGlog4 жыл бұрын

    What a remarkable presentation by an amazing presenter. Adam is suited to explaining and giving great analogies for complex topics such as these. I enjoyed it thoroughly.

  • @slypperyfox
    @slypperyfox2 жыл бұрын

    I have an uncle who is/was a science prodigy. His intellect was off the scale. He has a PhD in Physics and a masters in mathematics. He developed a software which grocery stores scanned all their shelves with it and it revealed that which position on the shelf a product sold more from. Brand didn't matter - where the product was placed on display determined the sales. Product producers were lining up with offers of more and more money to buy their product's position on display. His company was eventually purchased by a company who then owned the product. He used his brainpower to beat the roulette tables in Atlantic City. He watched the spinners. Based on height, weight,handedness, etc he worked out a winning position where he knew within 95% certainty which 4-5 numbers would be the winning numbers. When new spinners were brought in, he would step back and study their spins until he figured out the new patterns. He won $60K with this before he was asked to leave. They never figured out how he had done it but I suspect the practice continues today.

  • @tylerspiegel3294

    @tylerspiegel3294

    3 ай бұрын

    Good story.

  • @mawkuri5496

    @mawkuri5496

    5 күн бұрын

    netflix worth film

  • @jrolland194
    @jrolland1942 жыл бұрын

    Simply a fascinating video; thank you

  • @Corinthian44
    @Corinthian442 жыл бұрын

    A brilliant lecture Adam , well done !

  • @Scott.Mariani
    @Scott.Mariani4 жыл бұрын

    Excellent presentation thank you.

  • @carlcopymybet298
    @carlcopymybet2984 жыл бұрын

    This was brilliant. A special mentioned to the speaker for the way is was delivered

  • @coleyblossoms1051
    @coleyblossoms10512 жыл бұрын

    An hour spent spellbound to my seat. Thank you Mr Kucharski!

  • @1RobW
    @1RobW5 жыл бұрын

    Didnt notice how long it was, (expecting maybe 25mins) checked time after 40 mins. Very well presented and engaging. Time flew by.

  • @Banzybanz

    @Banzybanz

    2 жыл бұрын

    YNWA

  • @YoutuberAdmin
    @YoutuberAdmin3 жыл бұрын

    Excellent video! You should do a video on Arbitrages, since they are basically only winning strategy, like those Betnetto surebets.

  • @aaronwolstenholme8640

    @aaronwolstenholme8640

    3 жыл бұрын

    Theres plenty more ways of guaranteing wins

  • @christopherdesimone206

    @christopherdesimone206

    2 жыл бұрын

    @@aaronwolstenholme8640 yep. one way that can work 87% is a rabbit foot. Be sure it's the front right foot which is the real lucky foot.

  • @christopherdesimone206

    @christopherdesimone206

    2 жыл бұрын

    JUST KIDDING forgot to type LOL, sorry.

  • @aaronwolstenholme8640

    @aaronwolstenholme8640

    2 жыл бұрын

    @@christopherdesimone206 so your saying 100% percent that this is the only way?

  • @shil6819
    @shil68192 жыл бұрын

    I've seen a lot of Ri lectures and boy was this speaker 🔥

  • @IamFubario
    @IamFubario2 жыл бұрын

    Awesome. Can’t believe I watched the whole thing.

  • @alanbunyan5007
    @alanbunyan50072 жыл бұрын

    A most thought-provoking talk! Regarding the situation in which Deep Blue foxed Kasparov with a seemingly brilliant, but in reality completely random, move, it struck me that the same strategy probably wouldn't work the other way around. Had Kasparov done the same thing, Deep Blue would simply have calmly and unemotially taken the best possible advantage of it, as it would of any other move. Our inability to use bluff/gamesmanship against machines therefore surely means that chess, poker, or almost any game played against a computer is forever going to be missing a major dimension of enjoyment. This might almost amount to an argument for turning our attention, to some extent, away from the further development of AI to that of AS (articificial stupidity)! :-)

  • @mattc3581

    @mattc3581

    2 жыл бұрын

    There was a lot more schenanigans going on than just a single weird move. I think in reality the match was really just a PR exercise for IBM, they organised it, they promoted it, they agreed a format, they broke all the rules, then they declared themsleves the winner and their PR team let the world know. If this had in any way been a sanctioned formal match I think the deep blue team would have been disqualified for failing to meet many agreed upon anti-cheating safeguards, but it wasn't any they probably paid Kasparov extra to not make a fuss. He seemed pretty unhappy about it, but likely earned enough to live with the humiliation of being labelled the first world champion to lose to a computer.

  • @Elbuarto
    @Elbuarto5 жыл бұрын

    I don't know why this was recommended to me but I watched it all. Thanks youtube.

  • @SurfinScientist
    @SurfinScientist5 жыл бұрын

    Great talk!

  • @Proteus6684
    @Proteus66842 ай бұрын

    Great talk mate, well done

  • @JacobsBadminton
    @JacobsBadminton3 жыл бұрын

    Just found this but what a great lecture from a professional. Breaks down gambling in a great way making it easy to understand and digest. Thoroughly enjoy the depth and thinking in the lecture.

  • @abwilliausa1
    @abwilliausa12 жыл бұрын

    This human explains the mathematics very clearly. I have been using these methods for years.

  • @tylero8595
    @tylero85952 жыл бұрын

    This was a superb talk.

  • @TroyWilkinson978
    @TroyWilkinson9782 жыл бұрын

    Brilliant presentation.

  • @allthingstoallmen8912
    @allthingstoallmen89124 жыл бұрын

    When he said his jobs description, he had my full attention.

  • @milenkojovic419
    @milenkojovic4193 жыл бұрын

    Can your knowledge work on covid-19 treatmwnts and predictions of cases, "red areas", etc...

  • @PeterAdiSaputro
    @PeterAdiSaputro2 жыл бұрын

    Very interesting video. I think I need to watch it again to really understand what is explained in this video and I hope I can apply it in the real world.

  • @Dyslexic-Artist-Theory-on-Time
    @Dyslexic-Artist-Theory-on-Time5 жыл бұрын

    Good info!!!

  • @fturla
    @fturla5 жыл бұрын

    Great point in gambling where your betting amount in proportion to your bank is extremely important and determines if you win or lose long term. You can have the perfect betting system but if your betting amount if over the optimum limit then you will lose not only the bets but all your bank eventually which is why the casinos always want you to bet beyond what is reasonable all the time.

  • @WSMDSA

    @WSMDSA

    2 жыл бұрын

    Wrong.

  • @irelandirish8718
    @irelandirish87183 жыл бұрын

    I played 50cent on 4 numbers on the Irish Lottery, in the bookies a couple of weeks ago. It was my first time ever to do so, and i watched the draw live on tv that night and all 4 of my numbers came out, i won €1900.50. I couldn't actually believe it, i went back down the very next day and collected it, & i walked straight out of the shop clearly extremely happy. I know of plenty of people who would have collected that money & stayed in the shop and blew the lot. That to me is madness.

  • @sullysamra6222

    @sullysamra6222

    2 жыл бұрын

    ج

  • @xombie0078

    @xombie0078

    2 жыл бұрын

    Cool story, bro. lol

  • @brandonc2829

    @brandonc2829

    2 жыл бұрын

    that person to waste it all is me won 1800 usd the other day lost it all 😎

  • @CM-Leviathan
    @CM-Leviathan5 жыл бұрын

    Good speaker! Well performed

  • @jamesharris8128
    @jamesharris81282 жыл бұрын

    A most wonderful presentation.

  • @sbalogh53
    @sbalogh535 жыл бұрын

    43:06 interesting that rock-paper-scissors requires a huge increase in noise level.

  • @CorwinAlexander

    @CorwinAlexander

    3 жыл бұрын

    Rock paper scissors shoot, multiplied a hundred times out of sync

  • @nudesoftheworld
    @nudesoftheworld3 жыл бұрын

    43:15 "Well done. I wont fall for that again!!!!!"

  • @ramalingeswararaobhavaraju5813
    @ramalingeswararaobhavaraju58133 жыл бұрын

    Thank you sir. Thank you Adam Kucharski sir.

  • @ZhangMaza
    @ZhangMaza4 жыл бұрын

    what a lecture, thank you so much, I learn a lot from your lecture mate :)

  • @ErikMalkavian
    @ErikMalkavian6 жыл бұрын

    I figured this out about the Lottto back in the 1980's but couldn't profit on it.

  • @wereallmadhere9712
    @wereallmadhere97126 жыл бұрын

    Reminds me of Isildur1 wild card strategy!

  • @robertharaldsson2881

    @robertharaldsson2881

    5 жыл бұрын

    Oh God PLZ O.O

  • @sierrajuliet7759

    @sierrajuliet7759

    5 жыл бұрын

    You are worthless

  • @PhilosopherSci

    @PhilosopherSci

    5 жыл бұрын

    Is that a Tom Waits reference We're All Mad Here

  • @gormatthew
    @gormatthew2 жыл бұрын

    interesting topic fantastically delivered

  • @djs5220
    @djs5220 Жыл бұрын

    Excellent! And thank you.

  • @gustavefrankfurter6462
    @gustavefrankfurter64625 жыл бұрын

    That was the best remedy for my insomnia. It bored me to sleep. Thanks!

  • @ckkhong6330
    @ckkhong63303 жыл бұрын

    Well,philosophers have long said that success is hard work plus luck.iam back to the drawing board for my next winning bet.thank you for this lecture.

  • @bridgelion4968
    @bridgelion49682 жыл бұрын

    Most amazing seminar I ever seen

  • @michaelcosgrove1273
    @michaelcosgrove12732 жыл бұрын

    Wonderful presentation. Very surprised that there is no reference to Claude Shannon and Ed Thorp.

  • @ivanmamuyac
    @ivanmamuyac4 жыл бұрын

    So...you're telling me there's a chance...YEAH!

  • @peterpreen6031
    @peterpreen60312 жыл бұрын

    what a presenter !! how much knowledge does he have ! I'd need 10 packets of Panadol a day !! credit to you young fella well done and hope you are successful in anything you pursue

  • @tullamorewolf2219
    @tullamorewolf22192 жыл бұрын

    That closing line, Beautiful!

  • @Johnbro8
    @Johnbro84 жыл бұрын

    Thanks for sharing your maths skills 👍

  • @ClemensAlive
    @ClemensAlive5 жыл бұрын

    I instantly started my poker software and started to bluff bad hands, no matter what. Worked WAY better than I expected xD So I did NOT play lose or tight. I ignored the middle cards and just played good or bad cards. Of course with some adjustments... (so I just raised preflop with bad cards, when noone did before, for example) Doubled my buy in in just 10 minutes. When I regognized, people saw what I was doing, I left. Made some money. Going to try to replecate that tomorrow

  • @alexthedeal1827

    @alexthedeal1827

    5 жыл бұрын

    he won with some bullshit system which is basically bluffing, said he would try it again tomorrow. now it's a month further.......

  • @yawgmoth5662

    @yawgmoth5662

    5 жыл бұрын

    I know. It's surprising how people always think they've found some secret method to success. As far as poker goes, we've known how to play optimally for years with range building. You calculate your own odds based on the possible cards you think your opponent could have based on how they play. Tight players will bluff less and usually have better cards when they bet, loose players will bluff more and bet with weaker hands, if you have KhAh they are less likely to have hearts and broadway combos, etc. There is some basic strategy for playing the early rounds of a large tournament but beyond that... I will say that bluffing a lot is going to be good against weaker and tight players, and since the op was playing online he likely just ran into a table with a bunch of noobs/weak players.

  • @ClemensAlive

    @ClemensAlive

    5 жыл бұрын

    @@yawgmoth5662 it was meant like a joke...^^ of course it just works sometimes

  • @nashos

    @nashos

    3 жыл бұрын

    Just because it worked once. Doesn't mean it will work longterm

  • @RealLifeFinance

    @RealLifeFinance

    3 жыл бұрын

    Good point. Play a certain way that throws everyone off until they catch on then leave

  • @DannyPhantumm
    @DannyPhantumm4 жыл бұрын

    If you enjoyed this talk, you should try the book Algorithms to Live By: The Computer Science of Human Decisions (by Brian Christian and Tom Griffiths).

  • @JamesBermingham

    @JamesBermingham

    3 жыл бұрын

    Just bought this book on Audible on your recommendation 😊

  • @DannyPhantumm

    @DannyPhantumm

    3 жыл бұрын

    @@JamesBermingham Audio book was my choice, too! Hope you enjoy it, man

  • @JamesBermingham

    @JamesBermingham

    3 жыл бұрын

    @@DannyPhantumm cheers Droh 👍

  • @johnlamarca9439
    @johnlamarca94395 жыл бұрын

    Where have you been?! I watched video after video of mathematical ideas for winning the lottery and wasted my time with "What the hell are you talking about?" videos that really made no sense and were very long. You are ACTUALLY making sense here!!

  • @a24396
    @a243965 жыл бұрын

    As one of your cousins from "across the pond" I really am impressed with the high quality of your public discourse, I really wish there was a comparable public institution to The Royal Institution over here. Really quality stuff and excellent presenters. Thanks so much for posting!

  • @TheRoyalInstitution

    @TheRoyalInstitution

    5 жыл бұрын

    Thank you for your kinds words. We're very passionate about encouraging everyone to think more deeply about science and its place in our lives and we try to do this in part by widening access to science discourse. This is why we film and upload most of our public talks, why we create shorter videos and run a monthly podcast. Not everyone can come to our building in London, so we make sure you get almost the full experience online.

  • @Minuz1

    @Minuz1

    5 жыл бұрын

    Google talks are sometimes awesome, I highly recommend kzread.info/dash/bejne/qKeB28aGdMyZoqw.html "Frank Abagnale: "Catch Me If You Can"

  • @a24396

    @a24396

    4 жыл бұрын

    @@Minuz1 Thanks! I'll check them out.

  • @AjarnMatt
    @AjarnMatt5 жыл бұрын

    27:25 'regression to mediocrity' and nice diagram outlining regression theory in statistics using horse pedigree

  • @rightangletriangle3188
    @rightangletriangle31882 жыл бұрын

    I like the concept of regret minimization for investing, also looking backward to improve trading or investing skills.

  • @funstudiozlt6020
    @funstudiozlt60204 жыл бұрын

    I really don't know why some people have disliked this video, the video is very great. Good work.

  • @endasil

    @endasil

    4 жыл бұрын

    I disliked it because it had an ad in the middle. I dislike all videos that interrupt for ads in the middle and stop watching.

  • @garethb1961
    @garethb19615 жыл бұрын

    I love the winning lottery anecdote. I had a similar situation with card counting at the casino in the 90's. i had a way of beating the system - without being detected (not true of traditional card counting systems). Everyone was skeptical (and remain so to this day) because, as they told me, if I could, I would be down at the casino making money, not talking about it. But I had already calculated that skinning the casino would be harder work than my paid job, less interesting, and inherently risky - as a winning strategy doesn't always amount to wining. I would have been gambling dangerously high ante levels to convert my 0.4% advantage per bet into an income.

  • @LPCLASSICAL

    @LPCLASSICAL

    2 жыл бұрын

    as a winning strategy then it did not give you a big enough edge if your day job pays more

  • @jn___livecast6449
    @jn___livecast64495 жыл бұрын

    that's a cool desk

  • @ballhawk387
    @ballhawk3872 жыл бұрын

    There are definitely sports gambling hacks one can do, but most require a fair amount of money, such as playing on the side of the house against emotional tendencies of casual bettors. Also taking advantage of late news that can affect an outcome.

  • @jaystock9202
    @jaystock92024 жыл бұрын

    I used to track Aces in BJ. That spot about memorizing cards is spot on

  • @alansolomon5527
    @alansolomon55272 жыл бұрын

    Thank you for this great talk and for defining how much gambling and science do relate to each other. I liked the end of your talk when you cemented this truth by saying that gambling is a part of life. People take risks in health, with hidden information and uncertainty. It is like anything else. It comes and goes in our realities. BTW, The California lottery is not small like the Irish lottery you spoke of. What do you suggest when playing in California if I may ask?

  • @MF-kr4hf

    @MF-kr4hf

    4 ай бұрын

    He didn't say anything useful.

  • @korkey999
    @korkey9996 жыл бұрын

    The house eventually wins in Blackjack purely because you get the chance to go bust first. They may go bust on the same hand but you are already out of the game and they have taken your bet. Thus they effectively win when it's a draw. Worked that out meself, cool.

  • @damisnsilletti2762

    @damisnsilletti2762

    6 жыл бұрын

    korkey999 there's a system out there where you always stand on 12 n over. Takes that out of equation n u win more guranteed

  • @korkey999

    @korkey999

    6 жыл бұрын

    Damisn Silletti not according to the maths. If you can count the number of 10s dealt you can increase the odds but my memory is rubbish.

  • @damisnsilletti2762

    @damisnsilletti2762

    6 жыл бұрын

    korkey999 if he has a ten you probably lost anyway so stand on all 12 or above the basic strategy is bullshit it turns out watch video i tried it on an app not real life works great try it

  • @juliancourtland-smith8917

    @juliancourtland-smith8917

    6 жыл бұрын

    Th house does not necessarily. If you use a Blackjack Strategy Chart and sensible wagering strategy you can be on top. Blackjack is the best form of casino gambling, i.e. highest returns to punter. I played Blackjack online years ago and made a return of £400 per month before I moved onto sports trading.

  • @verdelllewis3563

    @verdelllewis3563

    6 жыл бұрын

    korkey999. not true u need 2 be trainned by a card counter want 2 try that ? kevin lewis 119 w mitchell st. mil; wi 53204 text me at 1414 204-3426

  • @rossjuniper3610
    @rossjuniper36102 жыл бұрын

    Beautifully presented with a subtle twist at the end that shows how the mind can potentially overcome mathematics.

  • @yessanknow302

    @yessanknow302

    2 жыл бұрын

    He cheated and was sentenced to three years in prison.

  • @chrisanthony7552
    @chrisanthony75525 жыл бұрын

    Excellent handling of the subject. Very informative and entertaining.

  • @kitemanmusic
    @kitemanmusic5 жыл бұрын

    Amazing quick mind. Strangely almost no mention of Probability.

  • @jayaybe1

    @jayaybe1

    5 жыл бұрын

    Thanks! I'll get to it eventually.........probably...

  • @weneedthetruth5814
    @weneedthetruth58145 жыл бұрын

    I'll say the title of this video has 5 to 2 odds of drawing in most gamblers to watch it !!! LOL

  • @poiuyt975

    @poiuyt975

    5 жыл бұрын

    Wanna bet on that? ;)

  • @MarvinEscotoofficial

    @MarvinEscotoofficial

    3 жыл бұрын

    Just a few people will get this... lol

  • @jameslesko8218
    @jameslesko82184 жыл бұрын

    Excellent video

  • @MattDavis_BeechingsGhosts
    @MattDavis_BeechingsGhosts3 жыл бұрын

    4:04 yes but you'd also win all the other tickets such as 5+bonus, 5, 4 and 3 ball combinations so it's not just about winning the top prize but winning ALL the prizes.

  • @PazLeBon
    @PazLeBon7 жыл бұрын

    i spent years programming poker bots :) In the good days of poker when we could write them to play and break even and we would get rake/tax back each month :) Oh those were the days

  • @MarkH10
    @MarkH106 жыл бұрын

    At 13:00 roughly he embarks on talking about Roulette, and the published results. The scientist who examined the results inadvertently caught the journalists lying, and making up numbers. The audience laughed. Living in Las Vegas I have met a few APs, Advantage Players. They sometimes work in syndicates or teams. Teams working Roulette bias also find it implausible to sit at Roulette tables and measure wheel biases. They employ scouts to go from casino to casino reading the results boards that are used by casinos to attract customers, and reporting those results. A Roulette team professional I heard on a vlog you can find on YT, stated that the method to catch Roulette scouts who cheat the team is to measure the double number results. That is, to see how often a single number pairs. Cheating scouts will not include enough pairs in their fictitious results. This is a stark parallel to what the lecturer refers to. Incorrect results reporting is not nearly random enough in its' construction.

  • @Faiqdarwisy

    @Faiqdarwisy

    5 жыл бұрын

    MarkH10 a

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