Dope Tech Episode 2

<<@zachstar says : Sign up for Notion for free: https://ntn.so/zachstar>> <<@SAMATOZ2 says : Can someone translate his ending advice, please? "Never walk away from the table ...?...">> <<@F_0_X says : Wrong…!>> <<@Valintynee says : Carlos mathematically can’t lose cause he can martingale endlessly. Especially if he starts his betting increments very low. If he starts his first bet at $100 as you suggested then he could double up after every loss. After 10 losses in a row and double up every loss Carlos would have lost around 100k but Carlos only need to hit once. So Carlos bets 100k on his 11th hand and wins. He’s effectively broken even. He lost 10 hands and only won 1 yet he still hasn’t lost any money. You may be thinking that’s insane who would do that. Carlos. Carlos should do that. 100k is toilet paper to a trillionaire. But Carlos is a pussy so here we are.>> <<@b_to_the_b says : Dude you’re odds are about as accurate as Astrology 😂>> <<@ozancengeloglu3811 says : My online experience, is always pretty mutch the same. i manage to to win after a fresh deposit, but in case i cancel a withdrawal to win more, its always straight losses, even covering 30 numbers in roulette 😅 i lost my head because of this. Chat gpt explained me, how online casino's even track your mousemovement and recognize behavior like this, chasing losses, cancel withdrawal etc.>> <<@gohhuili9038 says : Y Alice and Carlos couldn't bet $100/ hand. Please explain>> <<@nokia3210fuck says : if you bet on zero you can reduce the house edge.>> <<@hobarttobor686 says : an old vegas saying... A small player can never win big but a small player can lose big....>> <<@agabaangelo2590 says : So are you trying to say; the more you stay and play, the more you are reducing your chances of winning? And furthermore the more you loose?!! And if that is the case what happens to having a positive expected value assuming a scenario that a professional has spot a mathematical advantage or is that that one cannot find a positive expected value in roulette? Given that a positive expected value is a very vital attribute towards making money betting on the long run>> <<@COSkywatch says : Best way to beat the casino? Never go in one in the first place.>> <<@TojiFushiguroForever says : What did you mean by never walk away on a heater?>> <<@rodrigoqteixeira says : Don't want stress and a 99% chance of winning 100 dollars and 1% of loosing 100000? Just play european roullete (1 0 instead of 2 0s), or learn simple strategy for blackjack.>> <<@Nupetiet says : 15:27 Never walk away from the table if I'm not a what?>> <<@jcdiaz4062 says : So true, my Winningest sessions have been within 10-20 mins and my biggest losses have came hours in.>> <<@igorgerlovin3185 says : Actually you can change the house edge (in blackjack, at least).>> <<@son_ofmars says : This helps me understand stats better. Thank you>> <<@jrizzy626 says : Love it! I’m an Advantage Player part time. Explaining EV to people is ridiculously hard. As a side note… blackjack has about a 0.5% house edge IF YOU PLAY PERFECT BASIC STRATEGY. No one knows perfect basic strategy except card counters (not even dealers), but you can actually print off a strategy chart and use it at the table.>> <<@dr.downvote says : I don't know much about any of these, except that "the house always wins".>> <<@chrisfetner332 says : Best advice. Don’t gamble except in your neighborhood where you can screw your neighbor who pays no attention to odds or favorites.>> <<@DanielQwerty says : Is this the same guy who makes videos of the devil eating Doritos with God?>> <<@iAmOrenWhoRU says : Why do you and so many lazy people today say "SHTRategy" instead of "STRategy"?!?!?!? KSHTR instead of KSTR for XTR, leNt instead of leNGTH?>> <<@NguyenTran-eu1pw says : Hit and run…repeat I do many cycles and win. Bring small money and up 50% to 100% every visits>> <<@Game_Ender4 says : How can you calculate the probability that the formula gives if p = 0.5?>> <<@igorculin3394 says : Gambling is pain!>> <<@blackmachinima2711 says : This video is idiotic ignorance of game dynamics.>> <<@frostyjim2633 says : Ask a casino to let you place $1 million on red (or black) and you will be asked to leave, but if you want to bet $10K at a time, you will be a king among men>> <<@dexio85 says : BossManJack should watch it when he gets out of prison :)>> <<@rohan23k says : Life is the biggest gamble and you bet with physical, emotional and metaphysical pains for momentary pleasures till you die, then there is no house no you to compute anything at all💀>> <<@michealmorrow1481 says : So funny. Just an ad in the middle of your ad.>> <<@ItsMeButters-m8b says : If you want to give yourself a high percentage of winning you most certainly DO NIT need to bet more. Only if you play games for the rubes, so anything other than poker and counting cards. If you can’t do those well don’t go to a casino expecting to make anything. View your gambling money as an expense and if you happen to get lucky do not spend the winnings.>> <<@MarceloLewandoski says : Azalea! Test this wallet seed now: (clean party soccer advance audit clean evil finish tonight involve whip action).>> <<@David-p9g1l says : Card counting will shift the odds in the players favor. And it’s not cheating.>> <<@crazyfunawesome says : So what I'm getting from this is American Roulette is a scam and I should play European single-zero roulette.>> <<@OrangeCounty-zq1qs says : Everyone has heard the same story abt Vegas ... "I was winning....then I lost it all" ... What part of this equation can you change? Leave when you're up>> <<@yordangelguerrero2192 says : la probabilidad de ganar 1 vez apostando a Rojo en la Ruleta Americana, en el 1er intento es de 18/38 = 47.37 % la probabilidad de, partiendo de 10 alcanzar 11, en 10 intentos consecutivos, es CERO !! No hay ninguna combinación de resultados que produzca +1 Lo más cercano sería ganar 6 veces y perder 4, lo que nos dejaría en +2, y este resultado tiene 18.20 % de ocurrir. la probabilidad de, partiendo de 100 alcanzar 110, en 100 intentos consecutivos puede calcularse en 2 etapas: 1) Ganancia Neta = Victorias - Derrotas 2) Victorias + Derrotas = 100 en ecuaciones: V - D = 10 V + D = 100 que al resolver deja a D valiendo 55 ahora calculamos la probabilidad de obtener 55 Victorias en 100 giros consecutivos: 2.49 %, o expresado en Chances: 1 a favor y 39 en contra la probabilidad de, partiendo de 1000 alcanzar 1100, en 1000 intentos consecutivos: a) V - D = 100 b) V + D = 1000 que al resolver arroja V = 550 ahora calculamos la probabilidad de obtener 550 Victorias en 1000 giros consecutivos: 0.000'0218 %, expresado en Chances: 1 a favor y 4'584'782 en contra en cambio, la probabilidad de, partiendo de 1000 alcanzar 1010, en 1000 intentos consecutivos: a) V - D = 10 b) V + D = 1000 al resolver deja V = 505 entonces usando Distribución Binomial, vemos que 18# de entre 38 pueden salir 505 veces en 1000 giros consecutivos con probabilidad 0.35...%, expresado en Chances: 1 a favor y 281 en contra la probabilidad de, partiendo de 10'000 alcanzar 10'100, en 10'000 intentos consecutivos apostando a Rojo: a) V - D = 100 b) V + D = 10100 al resolver deja V = 5050 usando Distribución Binomial, con n=10'000; x=5050; p=18/38 0.000'000'000'023'627'6...% expresado en Chances: 1 a favor y 4'232'336'225'246 en contra >> <<@chrisleblanc581 says : I only need to know a few things to be certain to avoid casinos. The first is the entire environment is highly engineered using data collected by psychologists that engage dopamine release, drinking and risk taking. The second is something well known by behavioral psychologists. That is a differential reinforcement schedule produces the highest rate of response. More simply, when a large reward is highly unpredictable, we attentively engage in responding. Choose not being a cow enjoying the trip to the slaughter house.>> <<@JoeFerber says : That's GREAT stuff!!!>> <<@hotpotato7392 says : Mathematics and gambling are like oil and water. What being meant here refers to nerdy mathematicians. Not that maths is unimportant and left out, but just strong arithmetics is sufficient. Mathematicians would make terrible gamblers. They would be too busy thinking, counting and calculating everything before they even lay their first bets, whereas gamblers go by their intuitions, feel and the flow of the events ever so knowing the odds are always against them! But the real trouble is, a large number of the occasional and casual gamblers are terrible at arithmetics!>> <<@uDropper says : Wth I just realized its the guy from the funny scketches>> <<@halonglvv says : Guerilla tactic work. The machine is very intelligent, it lure you by letting you win first, then it get all you win later. So if you put in 100, win 30, get out. I like to play with machine. Blackjack with dealer, same tactic. Most of the time you won and want to win more and more….it come out you lost all.>> <<@JamesLettetman says : With the exception of poker to a degree, casinos are just another form of tax revenue for the state>> <<@gky7170 says : brilliant analysis! the only variable missing is the "luck" factor which is impossible to quantify - e.g., perhaps it was Alice or Carlos's lucky day and they had a string of 100 1$ wins (statistically very unlikely but possible) ... this is why otherwise intelligent people gamble as hope springs eternal ... in the final analysis, for all practical purposes the house always wins...at least eventually - as long as they have enough money to outlast even the luckiest of players LOL!>> <<@PenDragonsPig-Jam_on_Top says : You are assuming fair and random spins. You are assuming no monkey business by the croupier.>> <<@campbellmorrison8540 says : I've never bet anything in a casino, only been in one and I was so turned off by the coin machines and the zombies using them I just lost all interest. What is a heater? Just incase I happen to ever happen to be on one.>> <<@rosemarieaspril9387 says : sad to say there is no such bob in casino more of them like alice>> <<@danielzaia4232 says : Incorrect… what if Alice and Carlos decided to martingale. Doubling up their bet every time they lose. They’ll have a much better chance>> <<@JimEadon says : Regarding gambling, I've been watching some videos on men with gambling habits. It's horrific stuff. Beware.>> <<@JimEadon says : I only gamble playing poker (when it's convenient to do it). Playing games where the house always wins (long-run) never interests me, unless purely for fun, with friends.>> <<@JimEadon says : Blowing my own trumpet, I could immediately see lovely Alice had virtually no chance, here, with the less-than 50% odds.>>