Watch at 1.25 speed

@aaronrivera1365

5 жыл бұрын

The best comment on this video

@F1mus

5 жыл бұрын

I don't know why all these TED people speak so slowly

@TheWatchernator

5 жыл бұрын

Thank you!

@budp6320

5 жыл бұрын

Thankyou lol

@goldenset6768

5 жыл бұрын

did u know u have the same name has a famous tennis player

One more thing professional gamblers know the battle is within themselfs and not the actual game! This is what makes us!

@tigerarmyrule

5 жыл бұрын

So true. It is all about self control

@AutotuneSucksBalls

5 жыл бұрын

Chanh Diep worst addiction ever. Bad for keeping relationships too. Worse than drug addiction hands down

@annoravetz6697

3 жыл бұрын

That is what I’ve found. It’s a battle against greed, wanting more, and other character flaws

@benbaidoe2944

3 жыл бұрын

@chanh diep can I get your email please

@raymondg4919

2 жыл бұрын

The books give us the most dangerous thing. TIME.

Whoever you are who can't sleep tonight, is tired or sad, believe that there will be tomorrow that will light up your beautiful days. You just need to endure a little more, a little more, and a little more ... Thank you for being patient, thank you for being able to survive. And as you read this, promise yourself that you will be able to get through your toughest days in the future. Promise to keep smiling, no matter how you are ... You deserve to be happy :)

@benstephan8399

3 жыл бұрын

Thank you. Needed that.

@Joshua-cz7uh

2 жыл бұрын

Thank you my brother

Excellent Lesson on Risk Management. Thank you sir, you are a genius

The topic covered here is probably the most fundamental problem that most gamblers fail to overcome. First of all let me say that you must first be playing a game in which the odds can be larger than the actual probability at certain points in the game. This is the first fundamental flaw amongst gamblers. They prefer simplicity citing complexity as the enemy when in actual fact the opposite is true. The greater the complexity the greater the opportunity, usually. Just ask a punter why he plays the slots in preference to horse racing and he will say that he has a better chance of winning !, what he really means is that he has fewer variables to consider. The other problem that faces gamblers or at least those playing a game which offers opportunity, is that their approach is based around finding winners and not finding value. In horse racing they focus on whats going to win rather than is their a bet in the race. This is not surprising as their first exposure to Racing is via 'experts' in the media who operate in exactly the same way. Finally one thing the speaker did not touch upon which I think might be interesting is what value or opinion do successful gamblers have towards money. My guess is that ironically they are less driven by it than people think.

@elizabethnylander801

6 жыл бұрын

Mark Littlewood .uk uhh

@mydogskips2

5 жыл бұрын

+Mark Littlewood "First of all let me say that you must first be playing a game in which the odds can be larger than the actual probability at certain points in the game." What does that mean? Are you saying that the player/gambler has to be able to get a mathematical edge at some point during play?

@ZakBurrell

5 жыл бұрын

Mark Littlewood bloody well said mate. You got any tips going?

@mydogskips2

5 жыл бұрын

@@ZakBurrell To my knowledge, it is fairly well known and accepted that the only casino games which can be consistently beaten by strategic play are blackjack and some types of video poker. To win you have to learn the proper playing strategy for each respective game, and in the case of blackjack, you have to learn how to count cards. But even after someone does this they only gain a very small advantage over the house, typically a fraction of a percent on average. On very rare occasions some slot machines, namely progressives and those which are required/guaranteed to pay out a mini jackpot before a certain value is hit, can be beaten as well. But the progressive jackpot has to be very high, or you have to play a slot machine when it is very close to paying out the mini jackpot. If you have some idea of the average theoretical payout for the game you can calculate how much you are expected to lose before you hit the mini jackpot(which is guaranteed to hit by a certain dollar amount; there is a "counter" which tracks and moves, increases, by a small increment each time a given amount of money is played. However, my real tip and best advice is to not gamble.

@mrniceguystylehigh

2 жыл бұрын

@@mydogskips2 he means that value is found when the probability of winning and the payout odds intersect. For instance putting a smaller amount on a long shot win can be a great opportunity because there is less upfront cash you must risk to make the supposedly riskier wager. These opportunities can further be examined by the prospective bettor to find instances where for whatever reason the betting public has come down far too much in favor of the favorite to find truly great value bets. The psychological trick here is to never fall too far in love with your evaluation and remember that dogs are dogs for a reason and to keep value bets modest.

This is a beautiful presentation. Loved it.

Every gambler knows The secret to survivin' Is knowin' what to throw away And knowin' what to keep

@chamindaranasinghe836

5 жыл бұрын

Agree

@successmindsetgrowth

3 жыл бұрын

I literally sing while reading your comment'

@skinovtheperineum1208

2 жыл бұрын

And somewhere in the distance, the gambler, he broke even.

@jameswilson1884

2 жыл бұрын

Sing it Kenny. Know when to hold'em know when to foldem. Know when to walk away lol

@mollyt1416

Жыл бұрын

Know when to Run!

I do ecommerce and this is precisely how I select products to sell. This kind of thinking has wide applications and should be considered deeply.

Expert gamblers exploit market inefficiencies, they make bets where the odds on offer are higher than the 'true' odds of the bet winning, thats all it boils down to in every situation. Card Counters increase their bets when a deck or shoe is unbalanced enough. Sports bettors take advantage of lines that are inaccurate based on their models. Horse Players make their own book of prices and wager on the runners that are underbet by the public. Poker winning is based on accurately assessing the range of hands your opponent is likely to hold and calculating your equity as a percentage. You bet if the pot odds are higher than that percentage, although it gets more tricky because of implied odds and variance.

Really well articulated talk by Mr Evans. Unfortunately the test link doesn't work anymore.

@zagreb2012

3 жыл бұрын

Its old af

You gotta know when to hold em Know when to fold em Know when to walk away Know when to run.

@Alexander-vu6fw

4 жыл бұрын

Quixote 🤣🤣🤣🤣

@nabeenthephenom7701

4 жыл бұрын

Quixote You never count your money when you sitting at the table, There will be time enough for counting, When The Dealing is done.

@xonganichauke3011

3 жыл бұрын

I heard that song before

@beifongbengbeng

2 жыл бұрын

…. You gotta know when to

@ryansnothere

4 күн бұрын

i'm all in

I'm a life long gambler, and here's something you can learn from me: if you have an edge, or advantage, no matter how small, with enough time it can reap substantial rewards.

@stmh9660

4 жыл бұрын

Yes, having decent and various criterias for choosing your actions within a sport bet can provide edge, if you spot a repeating event in different matches in certain sports (horse racing is my case) and you take advantage of this possible pattern you will profit big time in the long term

@ekim955yt

4 жыл бұрын

Lol

@stmh9660

4 жыл бұрын

@@ekim955yt if you bet you should know spotting value is the main way to profit, way better if we talk about exchange betting

@RealLifeFinance

3 жыл бұрын

As a fellow long time gambler have a big enough bankroll to survive the short term "bad luck" variance

@maceobowen3298

2 жыл бұрын

Wow this young man gets it.

As a trader this was explained perfectly

no matter what it all starts with discipline, money mgmt, bank roll, will power, and the ability to know when to walk away.

My risk intelligence test results were enlightening: A PHP Error was encountered Severity: Notice Message: Undefined variable: main_content Filename: includes/template.php Line Number: 20

@well.thy.one.

4 жыл бұрын

Lol

@BuddyLee23

4 жыл бұрын

At least you found an error, I couldn’t even get that much of a response...

I am a poker and blackjack player who also played Baccarat. Many people think that Baccarat is a pure game of luck but it is not. Professional Baccarat players will not lose in the game as easily as novices do. The issue of skill in Baccarat lies in knowing the safer bet, the amount one should bet, and when to walk away. In a sense, it is also a game where important skills shall be exercised to increase the player's chances of winning.

@achraf189

Жыл бұрын

show rusult

@bobaronson

4 ай бұрын

I agree. I'd rather just increase my luck. I lack the skill and discipline demanded of reality. Success on reality's terms is much more difficult to accomplish whatever one's knowledge and ability. Kudos for the virtue of achieving success in spite of the odds. The limits of possibility are abruptly realized if luck is misunderstood.

Using probabilities in daily life and tools of logic is very different than always 'taking' the odds the house gives you, which nobody has an edge and will inevitably lose as time goes on

@NESTEAftw

2 жыл бұрын

In poker you don't play against the house

@skinovtheperineum1208

2 жыл бұрын

@@NESTEAftw - Yes, but the house whittles away at the available money, removing a little bit from the total each hand, squeezing the players, until their light bill is paid, and the dealers. Then the bums fight over what is left.

Very Educative and I must personally thank you for this piece

Years ago i read a book "how to get rich slowly but surely" written by a college professor. He cites a technique called "decision accounting " and adapts it to stock market. He too prescribes putting a number on hunches and estimated subjective probabilities. His name is, if i remember correctly William T Morris. The ideas in the above TEDX runs parallel to Prof. William T Morris ideas. The prof's book was thought provoking. Iread it in 1978.

@josefrancis7126

8 жыл бұрын

+Jose Francis I wanna add some more. William T Morris also suggests drawing a systems chart showing how you and the market interact. You draw one and two weeks later you draw another systems chart/diagram. 88 per cent chance the second one is far better than the first one. The prof says that with some tweaking you can earn 9-11 per cent for long term (20-30)years and nurse a small amount to a fortune in the long run.Learn what the market does to your behavior.And not the contrary. Develop skill and do not depend on luck. jose francis,aged 59.5years,from Cochin, India jose.vadekeyil@sbi.co.in

@jhonjohnjonjondoe5011

7 жыл бұрын

yeah man i agree as a pro poker player i have software to quote unquote improve what would be called my instincts and allows me to attach a number to a degree / equity % in a lot of situations which has allowed me to hone my intuition as some people call it. I don't call it intuition because intuition in my book is a guess that can be wright but sometime it turns on you. Intuition as some call it in my book i would consider that gambling and i want a edge and being able to articulate my thoughts out loud if need be.

@davidmontroy660

7 жыл бұрын

Jose Francis

Is it me or does he say Poker players twice when enumerating the 3 tribes? 3:24 3:35

@combedpubes

9 жыл бұрын

Yes completely contradicted himself too lol

@lomparti

8 жыл бұрын

***** The second tribe was the blackjack players, he just made a mistake..

@lomparti

8 жыл бұрын

***** The second tribe was the blackjack players, he just made a mistake..

@enclosedencompassing

8 жыл бұрын

+Ruben Vazquez Amos Nothing more than something reminiscent of a Freudian slip then.

@shaymccusker4544

7 жыл бұрын

he should have said blackjack players the second time. listen to the next sentence..

First true video on adopting the professional gamblers mindset

@professionalgambler74

5 жыл бұрын

I have been a professional gambler for 14 years and I'm teaching people how to become one of you are interested.

Very succinct. One of the best talks I've heard on the subject. It will also help me explain myself to my doubting friends and relatives who have no idea about probabilities (all toaster-buyers).

@rally_chronicles

Жыл бұрын

Ham and eggers

Yes Mr Dylan is Correct in his assumption that there are certain dedicated individuals who study games of Chance and reverse engineer them So well that they Know every possible outcome that game of Chance will display and then develope a divide and Conquer law of averages arbritage Deterministic Algorithm. Similar to Quantum Artificial Intelligence. He is Probably A Expert Gambler Himself To Indentify that Skillset are a Genius Much Respect Mr Dylan

Money management is key.

@SportsBoss999

3 жыл бұрын

You are exactly right! Managing your bankroll and leaving while you are ahead is the only way to success. Most people stay too long at the fair and blow all their winnings back. You CAN win at certain times (sessions), so you've got to leave with a profit when that happens.

@joohpack8370

2 жыл бұрын

becoming homeless is the key

He's wrong you can be a expert & still enjoy it with thrills. You won't win every time just because your expert which will allow you to sustain excitement when you do win!

@MKrip808

6 жыл бұрын

Yep, tourney play is what keeps the excitement up for me in my grind.

Nice! Really agree with everything, hope most people could understand this

I am a Pro sports bettor, and I have done both the research and intuition picks. However, I never thought of sports bettors like this, Mr. Evans gave me a whole different perspective about sports bettors. I really enjoyed watching this video as I can relate to it in every way possible. However, I don't think I will change my approach to sports betting to seem more intelligent , I will continue to do my research and take notes instead of just pure intuition and numbers from my head. Moreover, I have done many bets and picks such as the Patriots on the super bowl. Everyone was betting against Tom Brady, but i know you don't bet against that man, ever.

@skinovtheperineum1208

2 жыл бұрын

Better get in on this: Bet the Bills this Sunday or, if you prefer, take the game under 56 and a half. You will win, I can FEEL it.

@bobaronson

4 ай бұрын

Dang! You must be good! I'd rather be a bookie, its way better odds than bettor odds. I can't afford the vigorish.

Sadly the site is no longer available (?)

As a profit gambler I must say that I didn't know that there is a scientific explanation of what I do. While watching the video I kept thinking "oh that's exactly how I do it"

@HibiscusFlowerFC

2 жыл бұрын

What do you gamble on?

@ellerellerek52

2 жыл бұрын

@@HibiscusFlowerFC mma

@nialltumulty6866

Жыл бұрын

You think glover is worth a punt next weekend?

@ellerellerek52

Жыл бұрын

@@nialltumulty6866 hard to predict, I'd skip Glover fight, Prochaska's ground game wasn't tested yet so we don't know what to expect

@handeyecoordinationskills

Жыл бұрын

Can u advise me on betting on soccer games?

I recommend the movie 'Rounders' for those who like this subject. Good movie exploring these aspects - particularly John Turturro's work-like approach vs Matt Damon/Ed Norton characters' approach.

@mariai9549

3 жыл бұрын

Great movie! " pay that man his money" Teddy KGB

@remainfocused8570

2 жыл бұрын

When Matt Damon's character figured out the "Tell" vs the Russian guy with the Oreos....freakin brilliant 👍🏼

@skinovtheperineum1208

2 жыл бұрын

A better movie to watch, and more realistic, since it's based on an actual case, is "Owning Mahowny". Phillip Seymour Hoffman is brilliant.

Start small build your empire there is no quick way it takes years to become comfy 👍👍👍👍

@lethalspics292

3 жыл бұрын

Working hard for easy money!

*SAVE TIME:* *Answer to the title of this video is here.* 11:00

@divinegreat2552

Ай бұрын

GOD bless you

What happened to the website? Projection Point doesn't seem to exist anymore?

Is there another place where one can take the risk intelligence assessment test? The projection point site is no longer online

Guy at 7.22 right smack dab in the middle is having none of it

I was really looking forward to talking this test, turns out the internet ages very fast.

Intelligence when considering risk it’s what the speaker talks about here. To make the analysis and end up with a number saying if something have this and that percentage chance of working out. Then look at the market and see if the odds is good enough and decide to give it a go or pass. Betting is never a game of "who will win". You need to go that extra mile and decide how big chance in percent a bet have to hit home. Either by calculations or by making estimates based on gathering data and process it and come up with that percentage number as he describe about those people that was betting on horses and they did the process in their head without any calculations. Don't believe, don't put confidence or pessimism into the bet, simply look at the numbers and do the call based on that.

@skinovtheperineum1208

2 жыл бұрын

Learn how to write in English before offering up any more of your 'wisdom'.

Comments taught me more!!

@S BTrades. You might not understand what he is talking about. This guy is addressing an issue that most traders/gamblers don't understand, which is odds in betting. Lot's average gamblers/traders would stop losing money if they figure out the odds first, before starting to become the game instead of being part of the game. Also, Dylan is an outstanding presenter. I don't know him personally but have deep respect for someone standing on the stage and telling a story. Where is your presentation?

The pros walk into a casino with 100 and try to win 10... Vice versa with the casual gambler

@ZubbykingMusic

4 жыл бұрын

Daniel Romo you're right bro...

@beginsucelik1791

4 жыл бұрын

There are several factors in how to win sports bets. One resource I discovered which successfully combines these is the *TheSportsCash. Com* definately the best system i've seen.Check out the interesting information .

@bradleywray2959

4 жыл бұрын

Daniel Romo, so you’re saying we should put £100 on a 1/10?

@ekim955yt

4 жыл бұрын

There are no pros. There are some people who make money at sports betting but they don't hang around in casinos. Please show me a pro?

@metsrus

4 жыл бұрын

@@bradleywray2959 if it has good value.

Always enjoyed Ted Talks. I wonder if these sorts of analysis is more general than not?

@bobaronson

4 ай бұрын

I bet...

Is the test still there? Cant find it

All this did was make me log in to my poker account

@jhonjohnjonjondoe5011

8 жыл бұрын

+Jessica Kipling nice assuming you are a winner? I watched this after playing poker all day. What site do you play on?

@mhgh3432

8 жыл бұрын

same

@lovelife5718

7 жыл бұрын

Jessica Kipling 😂😂😂

@TheVitalTiger

7 жыл бұрын

Good Vid. Funny though at 4:04 in the vid | the online element greatly reduces the psychology element of poker he focuses on. Really it's quite a bit of all things mentioned though Systematic and some great players are more intuitive as well, but most winners I'd say are very systematic... Where do you play Jess?

@mdeyoung3546

7 жыл бұрын

should be mandatory for all high school students. oh but that would produce far fewer sheeple!

We used and determined expected values in the actuary 102 class I took

Poker players, Blackjack players, Sports better but he forgot one extremely large group of gamblers... investment bankers...

@juanzamora7082

7 жыл бұрын

It is gambling. The people who favor this so called investment banking are only fooling themselves. If it was 100% why do they need your money. Hello!!

@jonathanhains814

5 жыл бұрын

Juan Zamora you don't appear to understand what Investment Banking is.

@zachsonavery2317

5 жыл бұрын

what is investment banking anyway?

@daysofend

5 жыл бұрын

Stocks, house market, metals, etc. You lose because they win.

@user-gb8ks6cg9o

5 жыл бұрын

You have no idea what investment banking is

Brilliant video

As a day trader, super cool vid, thanks 😊

It's a shame the website is down now. Without the test I don't think we get any insight on the sports betters in question from the video. The 2 groups were computerised gamblers and the intuitive gamblers, with the latter being discussed. Once you take into account the 3 decision points (thresholds, bet size, & expected value), with other data, you are close to creating a system. If you have a systematic strategy it doesn't matter whether it is programmed (automated), or manually performed, the logic behind them is the same. What's interesting (for me at least) is how exactly they think, rather than stating they take some variables and eventually come to a decision.

@skinovtheperineum1208

2 жыл бұрын

What's interesting to me is that you would write all that blather without realizing that the word is 'bettors'.

You are forgetting to mention all the work that goes into being successful in your chosen sport...Choosing winners is not only a talent but a lot of hard work goes into the analysis of these sports...Most successful betters only bet on one sport...

@jhonjohnjonjondoe5011

7 жыл бұрын

a lot of hard work goes in to each of them in there own right. I used to be a card counter and didn't like the scrutiny i faced so i transitioned to poker successfully and i put in a lot of hard work. Everyday i put in minimum a couple hours of home work and there have been days 15 hours all home work and no poker playing because i needed to understand the ins and outs of a situation to gain a edge on other pros that i play with on a daily basis. I even have revisted it the same home work situation multiple times hours at a time for a few weeks so i can ingrain it in my brain and come up with a over all strategy and multiple counter strategies based on how they react to it. Then i go play test it out and find a new reaction or adjustment i didn't think would be made and have to go back and understand how the adjustment effects my decisions whether it was in my favor or against me and how to counter it. Most poker players are lazy as shit and that is why so many can not beat poker online no more because it rewards work ethic.

@mattrogers6487

6 жыл бұрын

Spoken like a true addict.

@ServantofGod07

6 жыл бұрын

it's not hard work if you enjoy doing it

@adkest7345

6 жыл бұрын

Very good point, I do the same, I don't know much about soccer but just look at tipsters win rates.

@matejpetrovic7312

6 жыл бұрын

Jhon John Jon Jon Doe where did u find those "homeworks", what type od videos or sites are they?

Baseball is the only thing to bet because in most cases you can bet on games for which odds were established before the previous game is played,a tremendous advantage in a sport in which the majority of teams win about half of their games.

@Johnny-cz2wv

4 жыл бұрын

Wat

The cited test doesn't work. I tried it in multiple browsers.

This guy is right on. Trust me.

Where is the website he talked about?

I can't verify that the risk intelligence test is actually helpful because the variables and selection of questions used aren't properly attuned to what is actually tested for. A word, phrase, or some altered statement of fact can be used to change the eventual true or false result so having a client give a proper percentage degree as to if a statement is good or bad is not accurate but if you were to present situations and ask whether certain outcomes are probable then I believe you will find better candidates for risk intelligence either the ones experienced in the matter or those that have applicable knowledge through other disciplines. The given examples are purposely difficult because the test doesn't actually want someone that knows the precise answer to each question. The test wants someone that has some doubt as to the evidence given as to whether the material you are presented will give you a proper result. This seminar doesn't actually give insight into what faculties and thought process are used by the best risk-takers therefore sadly won't be in a recommended list.

bling is based on maths. The greatest tool for this is Excel spreadsheets. Using that you can do numerous calculations without it costing you a penny until you can spot the trends that are pretty consistent.

@schwaarnkreddy7805

4 жыл бұрын

Interesting! Would you care to elaborate on this,please?

This is a decent talk if you wanted to know why people gamble but very uneducational for those so called expert gamblers that already know they gamble because there's an EV edge for them and most others just gamble for the thrill.

@aaronsmith4806

2 жыл бұрын

Things should always be explained as though the person knows very little on the subject. Some poker players also struggle a lot with believing they can learn something from anyone. The smartest people tend to seem most interested in what others have to say. It’s quite strange

@bobaronson

4 ай бұрын

Exactly. You get what you pay for. Losing is a thrill for amnesiacs.

The test seems to be unavailable online. DNS server cannot be reached

Where is the test? The website isn’t there anymore?

OK thats a nice intro, where's the content

I can't find a working link to the test now. can anyone share please?

@kliffi96

4 жыл бұрын

Same here. The Twitter accounts Last Post is from 2013 i guess it's shut down.

@ S BTrades. Besides that he built up a business on his skills. What do you do for a living? Just curious.

I kept waiting for there to be an actual insight in this video but there seems to be a lot of stating the obvious here

@MKrip808

6 жыл бұрын

Exactly

@innertubez

6 жыл бұрын

Dr Tune Many people don't seem to come to terms with the obvious, though, non-expert gamblers especially.

@zackryan01

6 жыл бұрын

Yeah, possibly the most underwhelming Ted Talk I've seen. And I'm a pro poker player and was obviously grabbed by the title

@sargenmi

5 жыл бұрын

There are many factors in sports picks. One place I found that succeeds in merging these is the Alchemy Hasty Fixer (check it out on google) definately the most useful resource that I have ever heard of.look at all the amazing information .

@alex-ip1er

5 жыл бұрын

Just wonderful, I've been looking for "horse racing betting methods" for a while now, and I think this has helped. Have you ever come across - Senonnor Peymma Eradicator - (should be on google have a look ) ? Ive heard some decent things about it and my mate got great success with it.

does the test still exist and where can I find it?

@mrmustangman

3 жыл бұрын

nope

I'm thinking of going on over 2.5 goals in an irish soccer match tonight, can u advise me what to do , how to cover etc? Thanks

He said pokerplayers twice in the beginnin, I think he meant blackjack players the second time. Also the site is down. It started somewhere in 2010 from what I can see.2017 it is obsolete?

@MKrip808

6 жыл бұрын

I was just on the site and took the test. It must be back up.

Website is not working. I wanna take this test because I'm a gambler!!

When a person wants to gamble and doesn't want to use their own money, they find ways to convince others. Some use Statistical Inference and Risk Intelligence to support their arguments.

@lilleballe10

2 жыл бұрын

????

I'm happy because I happen to watched this video. ❤️😇

i like a bet on the races but i don't get how people can bet on cards i enjoy following trainers and horses progress and it makes me feel a part of something when i bet on a horse and it wins most i'd ever bet is £15 max and i've made over 3k this year alone.

Funny how he didn't include baccarat as a catalyst to beat the odds professionally. I guess there just aren't that many of us around. Better that it stays that way.

@chaselucciano3126

Жыл бұрын

Exactly lol

Your website is down sir.

It basically describes Financial Traders.

Dont make a decision if you are overconfident!

@luisweng6444

4 жыл бұрын

very true man!

I found this very interesting being an intelligent gambler

@ekim955yt

4 жыл бұрын

You are anything but intelligent.

@ojwells3846

2 жыл бұрын

@@ekim955yt LMAO the fact you judge someone based on a youtube comment shows how deficiant you are 🤣

Website not there any longer

The projection point website is not showing up. I want to take the test

I watched this whole video just to quote the legend Kenny Rogers “You gotta know when to hold ‘em, know when to fold ‘em”

I've spent a lot of time playing poker and I might not be an expert but I think i'm good enough to really think you miss the mark on a lot of things. Also, although you don't really say so directly I get the impression that you think expert gamblers arn't really aware of the concepts you're talking about. In reality I think it's closer to the other way around. Most expert gamblers are very learned and aware of the concepts you talk about. On the other hand, I feel like you're fumbling around in the dark trying to explain a topic you've just scratched the surface of.

@mrmustangman

3 жыл бұрын

amen.!!!!!!

I have been trading for over 30 years and I will tell you my best trades have the lowest confidence going in. High confidence is usually due to prior move or past evidence and therefore low confidence with rules met have a higher probability of working.

@depressedessendonfan5702

5 жыл бұрын

Do you mean your biggest wins have come despite betting on what you think that in more likelihood was the dog?

Excellent.

Look at the pollsters compared to the betting companies. The betting companies are far and away more accurate. Experts in betting study the bookmakers and make rational/mathematical decisions. Ask yourself do you make better decisions when more is at risk, or whether to have bacon or eggs for breakfast. I suggest when risking money you take more care. We experts are risking our own funds, in many cases a large amount of funds, so we don't take this decision making lightly. Our reasoning process has been honed.

@skinovtheperineum1208

2 жыл бұрын

Well, do this then: Bet everything you have and everything you can borrow on the Bills vs. Kansas City this Sunday. As of this writing the Bills are getting 2 and a half points. Not sure which is the better bet: The Bills or betting the game under 56 and a half. Thank me later. Mahomes is toast.

Cant open the page?!

What’s the webpage?

Website is not working, has the name of website changed ?

took the test....it said im average. got 56.8 something

@smaransogi6371

3 жыл бұрын

send the link of the test

@yashdwivedi8440

3 жыл бұрын

Please share the link

@jimparsons6803

3 жыл бұрын

A better than a 50/50 chance? Have you heard of the 'Kelly number?'

Very good.

your website is down sir, please renew your hosting plan

Gamblers, traders, every other walk of life , 95 percent are LOSERS. Why , it all boils down to a plan and discipline.

Web site doesnt work

Although the general approach is correct, the presenter is not presenting the information correctly for the poker segment at least, it is more of a strategic game than a physiological/emotional intelligence game.

This guy clearly knows sweet FA about poker :)

yea i watched at 1.25 saves heaps of time

For casino gambling you need to be a savant to find an edge. For sports betting if you're good you can find edges quite easily

@skinovtheperineum1208

2 жыл бұрын

Bet the house on the Bills this coming Sunday vs. the KC Chiefs. Bills get 2.5 points or go under 56.5 pts. total.

@floridabeacheshighdefdrone1371

2 жыл бұрын

@@skinovtheperineum1208 0/2, well done

@skinovtheperineum1208

2 жыл бұрын

@@floridabeacheshighdefdrone1371 - Nobody bet their house. If they had, the Bills would have won.

@floridabeacheshighdefdrone1371

2 жыл бұрын

@@skinovtheperineum1208 lol. Good reply

02:12 is the biggest take away!

2:25 I call your bluff. it's logical they lose small but they on the other hand know when to bet big. Unless your planning to win mass amount of small bets to make allot..But good video

Not so many people understand that it is possible to have success in sports betting however i have made this possible as you say risk intelligence and masterminded tactics show us the money

2 and 3 infer it but basically you're better just reading about and using the Kelly criterion.

Where does video poker fit in? Which category?

I think he said poker players when he meant to say blackjack.

There is always a next ted talk.