Ultimate Betting Strategy

sports gambling hedge fund

Mathematicians in sports/horse betting?

Hello,

The last word in your question is your answer. It's called gambling for a reason. You can calculate all you want, but in the end, you're still gambling. Unless you cheat the odds in your favor will never be 100%. That said, you can increase the odds in your favour by understanding the rules of the game and doing the math. I know nothing about hedge funds but in gambling terms you need to have deep enough pockets to take the "strain" of a run of losses. As long as you have enough money to stay in the game, and you are playing so that you win more often than you lose, in the long run you will make money. There are as many systems as there are gamblers and every gambler I've known has been broke.

I in no way mean to insult you and I've used words like gambling and game,play etc., 'cause that's what you're doing whether you wish to call it mathematics and hedge funds notwithstanding. I've seen and read about A math prof and a bunch of his students taking on casinos at blackjack. The way it was presented, it seems like brains beat the casino, but that's simply not true. They won because they cheated and the only reason we heard about it at all is because they got caught.

I wish you the best of luck, and I mean that sincerely because in the end that's what will mean the difference between a retirement fund and broke no matter how much thinking you do.

{Stocks}

This entry was posted on Friday, November 20th, 2009 at 7:42 pm and is filed under betting strategy. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.