Blackjack Investment

Treat blackjack as an investment; Play blackjack like an investor.

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Secrets behind Gambling

For many people, the saying that gambling is trying one’s luck is a deep-rooted concept indicating winning or losing from their view is entirely relied on luck. Thus, they are depending on instincts to bet, supposing that the small figures would be turning out after the big ones have appeared for several times in the roulette game. Obviously, ordinary gamblers believe in luck, while the casinos tie to mathematics. The Casino investors put money into the casino just to make a profit, even superhigh profits. Using pure luck to explain the phenomenon of gambling, either do not understand gambling or wish the guests not to understand games as the analysis by mathematics can defeat the luckiest gamblers. Since casino owners do not make money with luck, how can gamblers win over the money from casino by luck?

In order to rectify this misled concept, we must realize that gambling is actually pure mathematics, and there is nothing to do with luck. Besides, scientific strategy is not as simple as it seems, but the external expression of a series of complex operations, because math does not lie. In fact, any gambling game, whether simple or complex, and no matter who would be the final winner, is an exercise on probability, which has only one answer for its strategy without any vague concepts.

The basic principle of gambling is not that complicated, and the most scientific and fundamental solution for the problem is the expected value and law of large numbers, which are not only magic for casinos to make money, but the tool for players to overcome the casino. In the case with a negative rate of return, it is impossible to win at the casino unless the law of large numbers fails to have effect, just like that everyone knows 1 +1 = 2, but some people still hope that 1 +1 = 3. Additionally, when calculating the rate of return, we need to know the odds and its corresponding winning percentage which could conduct a calculation of the probability distribution for various card points. It is the calculation that requires quite complex and high computational techniques in most of the time. Therefore, it is easy to say that the key to gambling is to calculate the probability distribution, which could make the rest of the problems be solved. For example, in blackjack game, the probability distribution after dealers issue cards according to the game rules and the distribution when the players want to hit the card under different strategies are required. Of course, these calculations involve complex computational techniques, as well as some professional knowledge such as probability theory, combinatorial mathematics and programming. However, you do not have to handle all the procedures since there are a great number of experiments that have being done before, and all we need to do is to be familiar with the theories and results. Actually, Gambling rule design and game analysis have many in common, both of which are based on the analysis of return rates. The only different thing is that rule design is applied to guarantee the profit of casinos but game analysis is used to assist the player to find the loopholes from the existing rules to increase their betting advantage. Just because most of the classic gambling game invented long ago, when the calculation method was still very lagging; thus, inevitably there is a loophole in the design of games, but with the advancing computing technology today, it is not surprising to find out the design loopholes. That is the really material reasons for players being able to beat casinos.

Besides, despite that the law of large looks complicated, it is in fact the same as the equation 1 +1 = 2, both containing the description of some stuff and phenomenon in the world. As a scientific theory indicating random phenomena, the law of large numbers not only is often used in scientific practice, also is required as important application in people's lives, but most people are not yet accustomed to its application. Gambling rule designers also take advantage of the law of large numbers which makes more accurate results predicted in the probability calculation if the longer time is used in the gambling. This is why casinos never cared about winning or losing temporarily.

Since many people do not know the relevant information and also have some misunderstandings on the methods in gambling, the casinos can keep their business prosperity. Obviously, if everyone masters the gambling-related knowledge, all of them become professional gambling players which would give rise to the bankrupt of gambling industries and casinos. Herein, considering gambling as a skill or luck is in itself the biggest misconception of gambling. Only if you treat gambling as a science, and master the relevant scientific knowledge, you could be free from the abyss of pathological gambling and ultimately beat the casinos.

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