the richest gambler ever

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  • เผยแพร่เมื่อ 18 ม.ค. 2025

ความคิดเห็น • 1.8K

  • @CookieandChoco
    @CookieandChoco 2 ปีที่แล้ว +9997

    "Mom I want to study math"
    "Why?"
    "I want to gamble and win"

    • @kriswell.
      @kriswell. 2 ปีที่แล้ว +106

      Where's the punchline ?

    • @ShrimpFry_Cute
      @ShrimpFry_Cute 2 ปีที่แล้ว +31

      @@kriswell. this

    • @thebuzzstar809
      @thebuzzstar809 2 ปีที่แล้ว +103

      @@kriswell. You Are The Punchline

    • @yourmom-jm8eg
      @yourmom-jm8eg 2 ปีที่แล้ว +24

      I punched the line there's your punch line

    • @YourDadWithExpiredMilk
      @YourDadWithExpiredMilk 2 ปีที่แล้ว +17

      @@kriswell. my dad with the milk came home, said that he's going to get the punchline. Yeah it'll be here

  • @verros03
    @verros03 8 หลายเดือนก่อน +1455

    This guy is the 1% who didn't quit before hitting big

    • @jameslight4391
      @jameslight4391 7 หลายเดือนก่อน +12

      😂😂😂

    • @AiRPasternak
      @AiRPasternak 7 หลายเดือนก่อน +38

      Not really, this guy wasn't a gambler he was a player.
      There's a difference gamblers rely on luck players rely on skill.

    • @DiverseDose11
      @DiverseDose11 6 หลายเดือนก่อน

      ​@@AiRPasternak
      And professional rely on strategy

    • @Indirectdrake81
      @Indirectdrake81 6 หลายเดือนก่อน +2

      ​@@DiverseDose11 and I rely on the power of imagination
      Baki reference

    • @sweeterscience83
      @sweeterscience83 5 หลายเดือนก่อน +1

      Simmons was close to quitting several times. When computers and data were not abundant, he tried to solve the market with math. Crazy story

  • @MeYouWhosWho
    @MeYouWhosWho 2 ปีที่แล้ว +166

    He was also a major share holder in full tilt poker which was a Ponzi scheme who scammed players out of 300mil plus.

    • @unknownknox3346
      @unknownknox3346 5 หลายเดือนก่อน +3

      Interesting.

    • @WilliamLi-nd4lz
      @WilliamLi-nd4lz 3 หลายเดือนก่อน +4

      you dont even know the definition of a ponzi scheme

    • @abdulhadisalk8435
      @abdulhadisalk8435 19 วันที่ผ่านมา +1

      Wikipedia say 444 million usd

    • @MeYouWhosWho
      @MeYouWhosWho 18 วันที่ผ่านมา

      @@WilliamLi-nd4lz They didn’t seperate players funds from operating costs. They used money that didn’t belong to them.
      I lost at first seven six figures I got it back in the end. Thanks to poker stars

  • @zNexTron
    @zNexTron 2 ปีที่แล้ว +173

    Me: How can math help in life!
    Math Teacher: GaMbLe

    • @tihoprskalo7719
      @tihoprskalo7719 4 หลายเดือนก่อน +5

      More like G4MbL3 🖖🏻

  • @karmapro1
    @karmapro1 2 ปีที่แล้ว +8623

    Did my teacher put you up to this

  • @joefunk76
    @joefunk76 ปีที่แล้ว +54

    James Simon’s edge is that he places millions of small trades per day, and incurs slightly more wins than losses on the whole. Basically, he operates like a casino in that he makes a killing in aggregate by repeatedly betting with a small edge.

    • @sethkoffler2571
      @sethkoffler2571 7 หลายเดือนก่อน +3

      Do you article/ book that explains this more?

    • @allanmeihost4499
      @allanmeihost4499 5 หลายเดือนก่อน

      ​@@sethkoffler2571 There is at least one book about him. Don't recall the name of it, but it was really good. He had quite a few failures before finding the right one.

    • @chefscorner7063
      @chefscorner7063 5 หลายเดือนก่อน +2

      I would think that there's more to it than that. Heck I know for a fact I can do that. Now I just need the backing to do it. With that kind of investment strategy he should dabble in penny stocks. One hit with one of those would wipe out any losses for the next decade! Plus it'd just be fun to hit one of those. They're like the lottery of investment strategy. LOL Cheers...

    • @joefunk76
      @joefunk76 5 หลายเดือนก่อน

      @@chefscorner7063 Of course there is more to it. The guy was a mathematical genius and is perhaps the only person to have truly “cracked” how to reliably make money in stocks. The other bigwigs are mostly some combination of luck, power, market manipulation, and inside info.

    • @neerajnongmaithem392
      @neerajnongmaithem392 4 หลายเดือนก่อน

      These funds can earn way more but its hard to do at the size of their fund due to liquidity issues. Become a quant trader/researchers if you want to earn in millions. Some portfoli managers and team heads earning close to a billion, founders even more​@@chefscorner7063

  • @MuhammadKhan-zs9tt
    @MuhammadKhan-zs9tt 2 ปีที่แล้ว +4505

    5 year old me playing uno
    Yes I have gambled indeed

    • @AN-hb6ly
      @AN-hb6ly 2 ปีที่แล้ว +33

      Quran 7:189 - humans were created from a single being (rejecting the theory of evolution)
      Quran 31:34 - ONLY AIIah knows the gender of unborn infant
      Quran 2:117 - human creation happens in an instant
      Quran 43:11 - there is no such thing as water cycle
      Quran 55:33 - Space flight is impossible
      Quran 15:26 - man was created with CLAY
      Quran 71:16 - the moon emits lights
      Quran 54:1 - moon was spilt into two
      Quran 21:32 - the sky is concrete and impenetrable
      Quran 7:54 - the sun, the moon and stars were created by AIIah in just 6 days
      Quran 86:6-7 - sperm/semen comes from between the spine and backbone

    • @za1du
      @za1du 2 ปีที่แล้ว

      @@AN-hb6ly Lost a bet? Why else should you write such a bullshit?

    • @grimreaper6419
      @grimreaper6419 2 ปีที่แล้ว +108

      @@AN-hb6ly all of this is a lie

    • @nothing707
      @nothing707 2 ปีที่แล้ว +17

      @@grimreaper6419 so you are trying to convince someone that this is a lie by playing video games?

    • @grimreaper6419
      @grimreaper6419 2 ปีที่แล้ว +49

      @@nothing707 no, i gave them reasons on why it's a lie, i never asked them to look on my channel or anything even close to that

  • @samab_7316
    @samab_7316 2 ปีที่แล้ว +430

    “He used complicated probability to invest”
    *shows apples stocks app

    • @Ryze_Tuze
      @Ryze_Tuze 2 ปีที่แล้ว

      Got it

    • @minutescouldsaveyoupercentormo
      @minutescouldsaveyoupercentormo ปีที่แล้ว

      he fkng went to school. pay attention ffs

    • @AirCheco2345
      @AirCheco2345 11 หลายเดือนก่อน +4

      Proper risk management on good long-term Option calls for blue chip stocks like Apple Yield a safe 20-30%. I bet he gambled and got an extra 20% on a bullish strike price.

    • @makotoitou460
      @makotoitou460 6 หลายเดือนก่อน

      @@AirCheco2345 that was not an apple stocks app btw, its binance and specifically on bitcoin-usdt pair

    • @uknasa007
      @uknasa007 4 หลายเดือนก่อน

      its BTC chart

  • @Kor_tac
    @Kor_tac 2 ปีที่แล้ว +1499

    “95% of things you learn in school you aren’t going to use” this is the 4%

    • @coldfreak9067
      @coldfreak9067 2 ปีที่แล้ว +86

      Whers the 1/℅

    • @Kor_tac
      @Kor_tac 2 ปีที่แล้ว +112

      @@coldfreak9067 it is work and everyday things

    • @JohnDoe-vo5uc
      @JohnDoe-vo5uc 2 ปีที่แล้ว +1

      @@coldfreak9067 1% you learn how the government will take all your money for taxes and fees

    • @buyhighselllow8398
      @buyhighselllow8398 2 ปีที่แล้ว +61

      bro forgot to math

    • @Kor_tac
      @Kor_tac 2 ปีที่แล้ว +8

      @@buyhighselllow8398 wdym

  • @utuber3476
    @utuber3476 ปีที่แล้ว +6

    Chris ferguson needs a movie. A guy born to 2 mathematicians, goes to school for computer science and uses that win 9mil from playing poker?

  • @LowyShorts
    @LowyShorts 2 ปีที่แล้ว +709

    Im going to do my math homework RIGHT NOW

    • @kenn2wierd963
      @kenn2wierd963 2 ปีที่แล้ว +4

      Didn’t ask

    • @danielyuan9862
      @danielyuan9862 2 ปีที่แล้ว +32

      @@kenn2wierd963 his math teacher asked

    • @Karlleagueoflegends
      @Karlleagueoflegends 2 ปีที่แล้ว +5

      U will need to learn math for the entire undergraduate to understand how it even works lol

    • @universalnetwork264
      @universalnetwork264 2 ปีที่แล้ว +2

      Stop doing homework. It degrades your grades in school and was originally used as a punishment to students. Look into it. It makes your emotions and mind suffer in the long run.

    • @abcblak3315
      @abcblak3315 2 ปีที่แล้ว +5

      @@universalnetwork264 So you have chosen death

  • @AppleJambles
    @AppleJambles ปีที่แล้ว +3

    "When will I use this in real life?"
    "When your gambling"

  • @MrNotAGamer
    @MrNotAGamer 2 ปีที่แล้ว +236

    "see kids, maths is useful"
    - Maths teachers

    • @mafikahlabo4460
      @mafikahlabo4460 10 หลายเดือนก่อน +1

      😂😂😂😂😂😂😂

  • @TheFireIsReal
    @TheFireIsReal 4 หลายเดือนก่อน +5

    This guy be like:
    "Lets go gambling!
    I can't stop winning!
    I can't stop winning!
    I can't stop winning!"

  • @TheManLarry1
    @TheManLarry1 2 ปีที่แล้ว +1815

    You've just started probably a ton of gambling addictions 😂

    • @Kyle-xk2rb
      @Kyle-xk2rb 2 ปีที่แล้ว +22

      Haha true

    • @sunoo9715
      @sunoo9715 2 ปีที่แล้ว +18

      Haha true

    • @ye5411
      @ye5411 2 ปีที่แล้ว +12

      Haha true

    • @divib1313
      @divib1313 2 ปีที่แล้ว +1

      Nida nida

    • @osmanosman401
      @osmanosman401 2 ปีที่แล้ว +6

      Haha true

  • @ryou8820
    @ryou8820 2 ปีที่แล้ว +10

    Gambling isn't same as calculated risk , the very definition of gambling is to hope for the best

  • @whaddafuck827
    @whaddafuck827 2 ปีที่แล้ว +17

    "And game theor-"
    Matpat: *I am 4 parallel universes ahead of you*

    • @zackcarl7861
      @zackcarl7861 2 ปีที่แล้ว +1

      That's not the same game theory 🤣 stastical game theory is a different story

    • @whaddafuck827
      @whaddafuck827 2 ปีที่แล้ว

      I have one thing to say,

    • @whaddafuck827
      @whaddafuck827 2 ปีที่แล้ว

      @@zackcarl7861 that was the fucking joke

  • @LIONTAMER3D
    @LIONTAMER3D 2 ปีที่แล้ว +35

    chris ferguson was part of full tilt poker, which ripped off players to the tune of hundreds of millions of dollars

  • @sashekavarna1786
    @sashekavarna1786 2 ปีที่แล้ว +53

    That background music makes me feel like Noel Deyzel is going to pop up every moment.

  • @tomw485
    @tomw485 7 หลายเดือนก่อน +2

    Most top Poker players use “math” to optimize play. There’s always a pot and poker odds calculation based on your specific cards in a given hand, the size of the pot and the size of the bet required to stay in the hand. Utilizing these factors you can determine if your play is mathematically optimal… as in if you were to make this same play 1000’s of times you’d end up winning more money than you’d lose over long enough time period. And it’s not always you win more than you lose. You might only win 1 out of 3 plays in a given hand but if the pot odds are such that your bet gives you 4 to 1 payout then despite only winning 1 out of 3 you’re making money in the long run since the payout will more than make up for your losses.

  • @Boredom563
    @Boredom563 2 ปีที่แล้ว +6

    I guess it's time to learn the quantum physics to win every game.

  • @iq0578
    @iq0578 หลายเดือนก่อน +2

    This is how you encourage people to do math

  • @SPSnakes
    @SPSnakes 2 ปีที่แล้ว +58

    "That's why school is important"

    • @joeking5215
      @joeking5215 2 ปีที่แล้ว +5

      School don't teach you about money though

    • @Lol-ws5sm
      @Lol-ws5sm 2 ปีที่แล้ว +4

      @@joeking5215 It does teach about money and also he is talking about school teaching us math not money.

    • @joeking5215
      @joeking5215 2 ปีที่แล้ว +2

      @@Lol-ws5sm what school teach about money? Because I can't remember them teaching anything useful about it

    • @Lol-ws5sm
      @Lol-ws5sm 2 ปีที่แล้ว +3

      @@joeking5215 Do you know anything about history of money?They teach about it in history class,there is a whole subject called economics,And there are topics and subjects of accounts,business Do you know about barter system? They teach about money after that topic. Have you even gone to school or are you a 2 year old?

    • @joeking5215
      @joeking5215 2 ปีที่แล้ว +2

      @@Lol-ws5sm yeah they teach that which is basically useless information

  • @k4koy_to_loxxx
    @k4koy_to_loxxx 7 หลายเดือนก่อน +1

    When you actually studying math, you understand that gambling still relies on random in general. Don’t be fooled by some short on YT, casino always wins no matter what. You’ll eventually lose everything if you don’t quit immediately.

  • @theyeetpotato123
    @theyeetpotato123 2 ปีที่แล้ว +13

    There’s a story about a teacher at Michigan state university who taught his students how to gamble and went to a casino and won millions. My math teacher told us about it because he knew him I’m pretty sure and there’s a show about it on Netflix. My math teacher also has won like $100,000+ in gambling because of math.

    • @gavinrowan8181
      @gavinrowan8181 2 ปีที่แล้ว +1

      Movies called 21

    • @theyeetpotato123
      @theyeetpotato123 2 ปีที่แล้ว +1

      @@gavinrowan8181 yup it was top 3 on Netflix for a while

    • @darylfoster7944
      @darylfoster7944 หลายเดือนก่อน

      they were card counting in blackjack, which involves increasing your bet when there are more high cards left in the deck. it's hard to do now, because they'll use 4-6 decks in the dealer's shoe at one time, which dilutes the effectiveness of the strategy. Also, if you're betting large amounts, and they suspect you're card counting, they'll kick you out. If you're betting $10/hand, they don't care because you can't win enough to affect their profit. Even with card counting, you only have about a 51/49 advantage.

  • @ByzantineCapitalManagement
    @ByzantineCapitalManagement 3 หลายเดือนก่อน +1

    Math has a lot of faces but this is the deadliest one 😂

  • @sumansaxena2277
    @sumansaxena2277 2 ปีที่แล้ว +731

    Lucky.

    • @ancientblaster6625
      @ancientblaster6625 2 ปีที่แล้ว +33

      I wish I was in that universe

    • @mels_sukses7810
      @mels_sukses7810 2 ปีที่แล้ว +4

      Yeahh me to

    • @f2pkx463
      @f2pkx463 2 ปีที่แล้ว +10

      Then there must be a universe where anime is real life

    • @heisenberg2712
      @heisenberg2712 2 ปีที่แล้ว +15

      Then there must be a universe where you lose every time...😔

    • @Kefla032
      @Kefla032 2 ปีที่แล้ว

      Jokes on you I’m four Parallel universes ahead of you

  • @whatthree16
    @whatthree16 4 หลายเดือนก่อน +1

    Ferguson is a criminal who should never show his face in a poker room again.

  • @markj.pierce6464
    @markj.pierce6464 2 ปีที่แล้ว +610

    You work for 40yrs to have $1M in your retirement,meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.

    • @gartmann274
      @gartmann274 2 ปีที่แล้ว +11

      I'm new to this crypto and forex trading and I've been making huge loses trading on my own but recently i see alot of people earning from it. can someone please give me a new strategy or at least tell me what I'm doing wrong?

    • @wendyscott8787
      @wendyscott8787 2 ปีที่แล้ว +6

      How long does it take to learn and make money after you get going? I might like to try it out in the future maybe, still kinda hesitate about it because I don't know all the ends and outs, pros and cons....

    • @gartmann274
      @gartmann274 2 ปีที่แล้ว +1

      @willy Bernice p.5Do you trade by yourself?

    • @meekdream9992
      @meekdream9992 2 ปีที่แล้ว +4

      Early planning is the best way to build a strong foundation for greatness..I'll recommend Bitcoin/Forex trade cuz it's the easiest online investment that has plenty opportunities to earn a decent payouts and also the right skills to proper understanding of how the market runs..

    • @markj.pierce6464
      @markj.pierce6464 2 ปีที่แล้ว +1

      Would also love to get in contact with her,seems her strategies are unlike other's.

  • @ImJustSayingLOL
    @ImJustSayingLOL 2 ปีที่แล้ว +1

    I love how they put Chris Ferguson 1 of the owners of full tilt poker. Him and the other 2 stole over 300million from players and all got away with 0 jail time

  • @pearadiss
    @pearadiss 2 ปีที่แล้ว +181

    "its all luck, which in many cases, it is, but it's also about probability"
    same shit

    • @raphy_tt
      @raphy_tt 2 ปีที่แล้ว +98

      Not really
      Probability is all the possible outcomes from an action.
      Luck is when the best probability happens.

    • @CyberSage796
      @CyberSage796 2 ปีที่แล้ว +8

      @@raphy_tt Yep

    • @kbtheking05
      @kbtheking05 2 ปีที่แล้ว +3

      @@raphy_tt what about bad luck?

    • @Animefan_7153-0
      @Animefan_7153-0 2 ปีที่แล้ว +14

      @@kbtheking05 replace best with worst

    • @Animefan_7153-0
      @Animefan_7153-0 2 ปีที่แล้ว +12

      @Alan Poeta "if I do this then it will increase my chances by at least 60%"=probability
      Luck is more like if something has a low probability of happening but happens anyway, with bad luck being the opposite, in a rough example of both things

  • @kwame.addo.
    @kwame.addo. 2 ปีที่แล้ว +1

    There is a difference between a gambler and an investor, a gambler losses on the long run , and investor win in the long run though they both doing the same thing.

  • @adamzulevic
    @adamzulevic 2 ปีที่แล้ว +12

    "Relied on Game Theory."
    Bored me: me too!

    • @gigachad449
      @gigachad449 2 ปีที่แล้ว +2

      It's just a theory, a gaamee theory

  • @lackerbitandersson6241
    @lackerbitandersson6241 7 หลายเดือนก่อน +1

    Do NOT confuse gambling with using analytics, strategies, and/or maths to gain profits within the gambling world. Its all strategy. Noone ever gain/win anything gambling since the risk of losing is always 99,9% higher than the occasional chance to win

    • @darylfoster7944
      @darylfoster7944 หลายเดือนก่อน

      in the long run, the chance of winning is almost zero, but in the short run, you win almost 50% of the time.

  • @prakaashmishra
    @prakaashmishra 2 ปีที่แล้ว +6

    This bgm can make everything intriguing

  • @chinedujames638
    @chinedujames638 4 หลายเดือนก่อน +1

    Jim Simons was not a gambler he was a NSA mathematician turned trader RIP Jim Simons the market will never forget u

  • @mikefischler579
    @mikefischler579 2 ปีที่แล้ว +7

    There is a really interesting book called the drunkards walk that talks about many instances like this

    • @josephbrennan370
      @josephbrennan370 2 ปีที่แล้ว

      Yes, I have seen that book in the library. I need to read it one day

  • @stephenskinner7207
    @stephenskinner7207 7 หลายเดือนก่อน +1

    There is one significant difference from gambling to hedge funds. Investing in hedge funds, there is at the very least a financial product being poured into. Gambling, however, produces nothing.

  • @delanskie4828
    @delanskie4828 2 ปีที่แล้ว +4

    Imagine him going "EVERYTHING ON GREEN"
    And losing everything

  • @Mikkerd12
    @Mikkerd12 2 ปีที่แล้ว +2

    Wall Street isn't gambling. And I would argue the same for playing poker using math. It's taking calculated risks

    • @lanish3169
      @lanish3169 2 ปีที่แล้ว

      Agreed, although everybody "gambles" at the beginning of their journey because they don't know proper risk management.

  • @yamibakura21
    @yamibakura21 2 ปีที่แล้ว +162

    Those that don’t know Chris Ferguson: Wow he’s a great poker player and has many WSOP bracelets 🤩
    Poker players that actually know Chris Ferguson: …….

    • @athenarose7023
      @athenarose7023 2 ปีที่แล้ว +40

      Hahaha! He made most of his money in the full tilt poker scam. He can’t even walk in Las Vegas without having people recognize him and “boo” at him 😂

    • @joythug37
      @joythug37 2 ปีที่แล้ว

      He's a paria among poker players , scammer .

    • @jaythrashhvac3571
      @jaythrashhvac3571 2 ปีที่แล้ว +16

      Bro once they showed Chris.. I lost it 😂😂😂

    • @truckerjoe228
      @truckerjoe228 2 ปีที่แล้ว +1

      U mean Jesus?

    • @PlutoniumSlums
      @PlutoniumSlums 2 ปีที่แล้ว +1

      @@truckerjoe228 no

  • @Chris_winthers
    @Chris_winthers 5 หลายเดือนก่อน +1

    He's what 99% of gamblers almost become

  • @Moneyovertruth
    @Moneyovertruth 2 ปีที่แล้ว +6

    You forgot how Ferguson stole everyone's money at full Tilt poker 🤣

    • @TuckertonWSOP
      @TuckertonWSOP 2 ปีที่แล้ว

      I'm pretty sure Ferguson didn't invent gto either

  • @WestWickMusic
    @WestWickMusic 5 หลายเดือนก่อน +1

    RIP Jim Simons

  • @Titan_Tigr
    @Titan_Tigr 2 ปีที่แล้ว +20

    My teacher probably put them up to this

  • @ebaimulema6668
    @ebaimulema6668 2 ปีที่แล้ว +1

    Math doesn’t apply to soccer gambling when teams like Arsenal and Barcelona play

  • @milleniumdanoob
    @milleniumdanoob 2 ปีที่แล้ว +5

    math teachers trying to convince us to put in more effort in math:

    • @lemonstrangler
      @lemonstrangler ปีที่แล้ว

      i wonder if they might get critizised for promoting gambling tho

  • @victorcurysimionato6412
    @victorcurysimionato6412 2 ปีที่แล้ว +2

    All that ferguson did was steal people's money on full tilt. Don't praise a smuggler

  • @llinusllove9477
    @llinusllove9477 2 ปีที่แล้ว +7

    Being good at math equating to being good at poker is probably the biggest misconception when it comes to poker. Its all about strategy and math is definately a part of that but its a small portion.

    • @dnguyen787
      @dnguyen787 หลายเดือนก่อน

      Poker is a game of skill with some luck element. :-)

  • @SuperVic1979
    @SuperVic1979 2 ปีที่แล้ว +1

    How about telling the full story on Chris Ferguson :
    He was an ok player playing live poker when poker wasn’t as competitive as it is today. He also scammed thousands of players through a poker site (full tilt Scandal) for over 300 million dollars. So yeah, horrible comparison. Average player and a cheater.

  • @kingofcraze8264
    @kingofcraze8264 2 ปีที่แล้ว +19

    Gambling is never about luck but instead how smart you are.

    • @aspenindenial
      @aspenindenial 2 ปีที่แล้ว +8

      Let's see how smart you are with a random number generator

    • @ranky6790
      @ranky6790 ปีที่แล้ว +3

      @@aspenindenial 80% lUCK 20% sKILL

    • @Tweakkkkkk
      @Tweakkkkkk ปีที่แล้ว

      Dumb comment

    • @exosisyphus
      @exosisyphus 7 หลายเดือนก่อน

      Poker is not gambling

    • @kingofcraze8264
      @kingofcraze8264 7 หลายเดือนก่อน

      @@aspenindenial 100% chance of winning if u are smart enough to hack it or crack the code machine follows.No matter how much they claim its a random generator machines always follow a pattern.

  • @FBEE
    @FBEE 2 ปีที่แล้ว +1

    Walter white IRL

  • @Josh_Morales
    @Josh_Morales 2 ปีที่แล้ว +4

    The thing is that they bet other people’s money.

    • @firstconsul001
      @firstconsul001 ปีที่แล้ว

      He is worth 30 Billion dollars

  • @yeahoahpy705
    @yeahoahpy705 2 ปีที่แล้ว +1

    90% of gamblers quit before they win big. He never quit and look at where he is now. Keep gambling‼

  • @11Suncere
    @11Suncere หลายเดือนก่อน +3

    Most people go to casinos to play but the Wise ones goes there to Win.

  • @darylfoster7944
    @darylfoster7944 หลายเดือนก่อน +1

    Wall Street isn't gambling. It's about being an owner of companies. If you own the right companies, you make money. Anyone can do it.

    • @stripes8812
      @stripes8812 16 วันที่ผ่านมา

      😂😂😂😂😂 maybe at one point.

  • @harrytrei4485
    @harrytrei4485 2 ปีที่แล้ว +39

    "It's no a gamble if you know you're gonna win."

  • @maguirelee4460
    @maguirelee4460 2 ปีที่แล้ว +1

    Chris Ferguson, not the most successful poker player, but one of the most hated

  • @mohammedsaqibkalsekar1058
    @mohammedsaqibkalsekar1058 2 ปีที่แล้ว +57

    Moral of the story: study in ucla

    • @lemonstrangler
      @lemonstrangler ปีที่แล้ว +1

      yeh ucla is better than harvard

  • @simontore6759
    @simontore6759 2 ปีที่แล้ว +2

    Calling Wall Street the worlds biggest gambling scene shows how little most people still know about the stock market

  • @4nt0s
    @4nt0s 2 ปีที่แล้ว +11

    Man, I guess math really is useful.

  • @KingAlphaOmega
    @KingAlphaOmega ปีที่แล้ว +2

    My Teacher always used to tell me.. "Time is more powerful.. It can make you a king in one moment and a beggar in another moment..
    Now i can relate this..

  • @OneOfDaKine82
    @OneOfDaKine82 2 ปีที่แล้ว +3

    Also if you have tons of money, you can ask the casinos to have certain stipulations with the game you’re playing like BJ to lower the house advantage

    • @Nathanrayferguson
      @Nathanrayferguson 2 ปีที่แล้ว

      I doubt that

    • @darylfoster7944
      @darylfoster7944 หลายเดือนก่อน

      different casinos can have slightly different blackjack rules, but you still need to count cards in order to have an advantage.

  • @blue-phoenix115
    @blue-phoenix115 26 วันที่ผ่านมา +1

    Casinos: *BAN HIM!*

  • @astrocat4066
    @astrocat4066 2 ปีที่แล้ว +6

    Sooo math CAN MAKE YOU RICH

  • @bokka409
    @bokka409 หลายเดือนก่อน +1

    If you put 10k and add 72% each year after 22 times its 1.5 BILIION.

  • @Adachi_Zephyr
    @Adachi_Zephyr 2 ปีที่แล้ว +21

    "he created his own playing style all about math and game theory,"
    Matpat:I HAVE BEEN SUMMONED
    "False alarm Mathew"

    • @mrfamer3752
      @mrfamer3752 2 ปีที่แล้ว +1

      But that's just a theory

    • @OracleTeller
      @OracleTeller 2 ปีที่แล้ว

      @@mrfamer3752 a game theory !

  • @aphilemadikizela8088
    @aphilemadikizela8088 2 ปีที่แล้ว +2

    whoa, that loop transition. Perfect!

  • @crs12decoder
    @crs12decoder 2 ปีที่แล้ว +11

    Simons didn't use probability to invest. He was implementing and training (initially basic) machine learning algorithms based on a ton of historical market data he had available. The decisions in what and when to invest was then taken by the algorithm. He was one of the pioneers on this approach which also gave him the edge on this topic.

  • @santaclause3487
    @santaclause3487 2 ปีที่แล้ว +2

    Using inside information to invest in stocks isn’t gambling

  • @chaosbuilder1531
    @chaosbuilder1531 2 ปีที่แล้ว +10

    "If you've ever gambled-"
    Me: *_Speaks in video games_*

  • @yash31400
    @yash31400 2 ปีที่แล้ว +1

    72% annual return 😵😵😵😱

  • @gabrielleitner4251
    @gabrielleitner4251 2 ปีที่แล้ว +4

    This was all i needed, im trying for 7 months to do the same thing only using math and i thoughed it was hopeless, but thatnks to you, i know it is possible

    • @jodyuo22
      @jodyuo22 2 ปีที่แล้ว

      Me too
      How’s it going for you?
      And what method do you use?
      Please do help me

  • @cedrickpagtalunan4834
    @cedrickpagtalunan4834 2 ปีที่แล้ว +2

    In the world of investing,it's not gambling if you know what you're doing...

  • @deakksyy
    @deakksyy 2 ปีที่แล้ว +12

    No wonder my Asian parents want to prep me harder in math. I'll definitely try to get a PhD in it and gamble

    • @neerajnongmaithem392
      @neerajnongmaithem392 4 หลายเดือนก่อน +1

      You dont need a PHD, a masters from a top college is enough to break into hedge funds. Statistics, probability and calculus plus a bit of coding is what it would take.

  • @Draedon126
    @Draedon126 4 หลายเดือนก่อน

    Pov: the casino bans you for using math

  • @calvindehoff9045
    @calvindehoff9045 2 ปีที่แล้ว +17

    Ok this is gonna sound really weird but I love how you called investing gambling cause a lot of people think gambling is just card games and slots

    • @Taleof2heads
      @Taleof2heads 2 ปีที่แล้ว +3

      Because it is

    • @potato1084
      @potato1084 2 ปีที่แล้ว +1

      Investing isn’t gambling 😂 Long term investing in assets and not panic selling them during lows guarantees no losses. From my experience anyway.

    • @potato1084
      @potato1084 2 ปีที่แล้ว +1

      @@Taleof2heads It isn’t though? Chances of losing money are low unless you make dumb decisions like investing in tiny companies/cryptos or panic selling.

    • @Taleof2heads
      @Taleof2heads 2 ปีที่แล้ว +1

      @@potato1084 it dosent matter what teh exact odds are. Chance is chance, even if its low

    • @FailedAbortion6969
      @FailedAbortion6969 2 ปีที่แล้ว

      @@potato1084 it's a gamble because you're not guaranteed to profit, just very likely to.

  • @CamCakes
    @CamCakes ปีที่แล้ว

    >gambling
    >investing
    Pick one

  • @jjwexjr
    @jjwexjr 2 ปีที่แล้ว +116

    He’s also a scammer and ripped of millions with full tilt

    • @123JWheezy
      @123JWheezy 2 ปีที่แล้ว +12

      Was looking for this comment

    • @AAron-hm3kl
      @AAron-hm3kl 2 ปีที่แล้ว

      Yep POS

    • @Zage1988
      @Zage1988 2 ปีที่แล้ว +6

      was looking also for this comment

    • @chrischris666
      @chrischris666 2 ปีที่แล้ว +4

      Was also looking

    • @CesarMartinez-gi9de
      @CesarMartinez-gi9de 2 ปีที่แล้ว

      Smart if u ask me

  • @22lovinalex
    @22lovinalex 11 วันที่ผ่านมา

    Computer science majors are not escaping the allegations

  • @graveltheblock5578
    @graveltheblock5578 7 หลายเดือนก่อน +3

    "Sometimes its all about luck"
    "But often times its all about probability"
    Literally the same thing

  • @jimmyyoung3907
    @jimmyyoung3907 ปีที่แล้ว +1

    He cheated online through the back door of a poker site. He is a CHEATER not a genius.

  • @sahildebbarma3361
    @sahildebbarma3361 2 ปีที่แล้ว +13

    Starts with the word“math"
    End of video -It doesn't matter anymore

  • @Cedricdatimmy
    @Cedricdatimmy 2 ปีที่แล้ว +7

    I better start focusing on my math classes then….

  • @firemonkey1015
    @firemonkey1015 7 หลายเดือนก่อน +1

    Imagine almost doubling your money every year…

  • @DrMilkMan5655
    @DrMilkMan5655 2 ปีที่แล้ว +5

    "And game theory" BUT HEY, THATS JUST A THEORY, A GAME THEORY

  • @chrism5036
    @chrism5036 2 ปีที่แล้ว

    Won 5 bracelets playing poker...... with math.....Phil helmuth.......won 11 bracelets.....reading players. Zero math.

  • @genzlegacy7988
    @genzlegacy7988 2 ปีที่แล้ว +14

    You dont need to say "let me explain" while in the middle of explaining something😉

  • @RexTiongson
    @RexTiongson 2 ปีที่แล้ว

    Gambling became a calculated risk.

  • @snssirius6448
    @snssirius6448 2 ปีที่แล้ว +10

    you won't even consider him a gambler cuz he used his knowledge about math to make decision. A real gambler is a person who makes decision based on emotions.

  • @MacheteLion
    @MacheteLion 2 ปีที่แล้ว

    MAN HOW DO U LOOP DOSE VIDOES SO PERFECTLY ITS SO GOOD

  • @Georgedavis8
    @Georgedavis8 2 ปีที่แล้ว +46

    Investing done right has changed my perspective on how one can succeed in life. I've been able to clear my debt and go on to have surplus to take care of my family. Working multiple jobs for money isn't the optimal way to attain financial freedom. Unfortunately, we find this out later in life. Great video.

    • @loretagurakuqi6950
      @loretagurakuqi6950 2 ปีที่แล้ว +1

      That's right! Downturns provide plenty of opportunities for regular people to build wealth from the scratch. However, you may need to get some professional advice from an Investment planner if you need an aggressive return.

    • @Georgedavis8
      @Georgedavis8 2 ปีที่แล้ว +1

      @@loretagurakuqi6950 Recessions are when millionaires are created. After my portfolio took a big hit in February, I was forced to employ the services of an Investment-analyst who has not only accrued a profit of $250k for me since then but has also giving me an insights

    • @Georgedavis8
      @Georgedavis8 2 ปีที่แล้ว +1

      @Karl I'm not dishing out life nor financial advice but Expert guidance is important. Will advice you consult (MELISA PAMELA PEREZ) an investment advisor who will help assist you navigate your options and see you through the procedures of achieving your dream portfolio

    • @Benjaminmac
      @Benjaminmac 2 ปีที่แล้ว +1

      Don’t wait until the market skyrocket again then you start biting your fingers wishing you made the decision to invest. bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.

    • @shirleymedina1373
      @shirleymedina1373 2 ปีที่แล้ว

      Have heard a lot about this same woman couple of times my only regret is not starting up on this on time, am glad i could find a way to reachout to her from this conversation. 😊

  • @JJShaw1210
    @JJShaw1210 3 หลายเดือนก่อน

    I think this is exactly how Mikki Mase wins. Although he looks normal on the outside, I believe Mikki' brain just operates differently than the majority of people.

  • @Mount_prod1
    @Mount_prod1 2 ปีที่แล้ว +4

    Him : dies
    Doctors : takes out brain And puts it to my head
    Me : hahaha Im smart🤓
    Also me : yay I forgot I’m also going to be rich!!!🤑🤑🤑

  • @lemonstrangler
    @lemonstrangler ปีที่แล้ว

    if only school teachers taught probability in the context of gambling lol

  • @Memetube1111
    @Memetube1111 2 ปีที่แล้ว +3

    random asian kid: ohhhh mom i think were gonna be rich

  • @Lisandromartinez333
    @Lisandromartinez333 2 ปีที่แล้ว

    How the math teacher explains why your gonna use the equations someday:

  • @pixellord1994
    @pixellord1994 2 ปีที่แล้ว +8

    When he said game theory I thought BUT THATS JUST A THEORY A GAME THEORY! THANKS FOR WATCHING.

  • @Sventy7sevens
    @Sventy7sevens หลายเดือนก่อน +1

    This guy ran a Ponzi scheme, disguised as online poker. They couldn’t pay their players!! PokerStars bought them out and payed off the players. He is also nowhere even close to the richest gambler, he defrauded the whole poker community and laced his own pockets.

  • @britney_david
    @britney_david 2 ปีที่แล้ว +9

    Can you make a video explaining how beginners can make huge profits within a short period of time? I mean I was at a seminar and the host spoke about making well over $880,000 within 4 months of investing $150,000 I just need to know how

    • @lawrencepeter4390
      @lawrencepeter4390 2 ปีที่แล้ว

      I recently started my trading with Mrs Annabelle Hartfield, and I'm already marveling over the profits she made for me, assuming I met her on time I would've been a millionaire by now

    • @salmakenzie6870
      @salmakenzie6870 2 ปีที่แล้ว

      @miles walker Please I'm new to all this, how can I get to her also? I need her help!!!

    • @salmakenzie6870
      @salmakenzie6870 2 ปีที่แล้ว

      @miles walkerOK thanks, I will definitely do that.

    • @Jeffrey_Ambrose
      @Jeffrey_Ambrose 2 ปีที่แล้ว

      it's great to see others who also benefits from the service of mrs Annabelle I’m currently on my 5th trade with her and it's a nice experience working with her👍

    • @robinv1482
      @robinv1482 2 ปีที่แล้ว +3

      Such a genuine 100% human conversation here. Not scriped at all.