One more thing professional gamblers know the battle is within themselfs and not the actual game! This is what makes us!
@tigerarmyrule6 жыл бұрын
So true. It is all about self control
@annoravetz66974 жыл бұрын
That is what I’ve found. It’s a battle against greed, wanting more, and other character flaws
@benbaidoe29444 жыл бұрын
@chanh diep can I get your email please
@raymondg49193 жыл бұрын
The books give us the most dangerous thing. TIME.
@skinovtheperineum12083 жыл бұрын
Some professional gamblers, but not all, also know that the word is 'themselves'.
@k0ka1nch06 жыл бұрын
Watch at 1.25 speed
@aaronrivera13656 жыл бұрын
The best comment on this video
@F1mus6 жыл бұрын
I don't know why all these TED people speak so slowly
@budp63205 жыл бұрын
Thankyou lol
@Thekingofeditz1015 жыл бұрын
did u know u have the same name has a famous tennis player
@lombardo1415 жыл бұрын
He talks slow because that is the right way to speak to a life audience. Not the same has watching an edited video. The more time you spend on the internet the slower real life becomes. Careful...😉
@BURNINGAFROBEATS4 жыл бұрын
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 :)
@benstephan83993 жыл бұрын
Thank you. Needed that.
@Joshua-cz7uh3 жыл бұрын
Thank you my brother
@marklittlewood24188 жыл бұрын
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.
@elizabethnylander8017 жыл бұрын
Mark Littlewood .uk uhh
@mydogskips26 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?
@ZakBurrell6 жыл бұрын
Mark Littlewood bloody well said mate. You got any tips going?
@mydogskips26 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.
@mrniceguystylehigh2 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.
@rajeshgadda28245 жыл бұрын
Excellent Lesson on Risk Management. Thank you sir, you are a genius
@EddieMush6 жыл бұрын
Every gambler knows The secret to survivin' Is knowin' what to throw away And knowin' what to keep
@chamindaranasinghe8365 жыл бұрын
Agree
@successmindsetgrowth4 жыл бұрын
I literally sing while reading your comment'
@skinovtheperineum12083 жыл бұрын
And somewhere in the distance, the gambler, he broke even.
@jameswilson18842 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!
@williambaker71816 жыл бұрын
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.
@vampstriss Жыл бұрын
no matter what it all starts with discipline, money mgmt, bank roll, will power, and the ability to know when to walk away.
@Veaseify7 жыл бұрын
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.
@mycommentpwnz5 жыл бұрын
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.
@stmh96604 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
@ekim955yt4 жыл бұрын
Lol
@stmh96604 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
@RealLifeFinance4 жыл бұрын
As a fellow long time gambler have a big enough bankroll to survive the short term "bad luck" variance
@maceobowen32983 жыл бұрын
Wow this young man gets it.
@Christian_Prepper2 жыл бұрын
*SAVE TIME:* *Answer to the title of this video is here.* 11:00
@divinegreat25529 ай бұрын
GOD bless you
@koroespinacas10 жыл бұрын
Is it me or does he say Poker players twice when enumerating the 3 tribes? 3:24 3:35
@combedpubes9 жыл бұрын
Yes completely contradicted himself too lol
@lomparti9 жыл бұрын
***** The second tribe was the blackjack players, he just made a mistake..
@lomparti9 жыл бұрын
***** The second tribe was the blackjack players, he just made a mistake..
@enclosedencompassing8 жыл бұрын
+Ruben Vazquez Amos Nothing more than something reminiscent of a Freudian slip then.
@shaymccusker45447 жыл бұрын
he should have said blackjack players the second time. listen to the next sentence..
@QuixoteX5 жыл бұрын
You gotta know when to hold em Know when to fold em Know when to walk away Know when to run.
@Alexander-vu6fw5 жыл бұрын
Quixote 🤣🤣🤣🤣
@nabeenthephenom77015 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.
@xonganichauke30113 жыл бұрын
I heard that song before
@beifongbengbeng3 жыл бұрын
…. You gotta know when to
@ryansnothere8 ай бұрын
i'm all in
@tradesmart48662 жыл бұрын
As a trader this was explained perfectly
@maceobowen32982 жыл бұрын
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
@oorosam Жыл бұрын
Very Educative and I must personally thank you for this piece
@moneymagnet83937 жыл бұрын
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!
@MKrip8087 жыл бұрын
Yep, tourney play is what keeps the excitement up for me in my grind.
@joevalentin2450 Жыл бұрын
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 Жыл 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.
@awesomeshorts8664Ай бұрын
What strategy you use especially in baccarat? Been trying to master it for years. @joevalentin2450
@Sevish7 жыл бұрын
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.5 жыл бұрын
Lol
@BuddyLee235 жыл бұрын
At least you found an error, I couldn’t even get that much of a response...
@AuditorInvestor4 жыл бұрын
Really well articulated talk by Mr Evans. Unfortunately the test link doesn't work anymore.
@zagreb20124 жыл бұрын
Its old af
@James-cm8zm6 жыл бұрын
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
@NESTEAftw3 жыл бұрын
In poker you don't play against the house
@skinovtheperineum12083 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.
@josefrancis71268 жыл бұрын
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.
@josefrancis71268 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
@jhonjohnjonjondoe50118 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.
@davidmontroy6607 жыл бұрын
Jose Francis
@danielromo68065 жыл бұрын
The pros walk into a casino with 100 and try to win 10... Vice versa with the casual gambler
@ZubbykingMusic5 жыл бұрын
Daniel Romo you're right bro...
@beginsucelik17915 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 .
@bradleywray29595 жыл бұрын
Daniel Romo, so you’re saying we should put £100 on a 1/10?
@ekim955yt4 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?
@metsrus4 жыл бұрын
@@bradleywray2959 if it has good value.
@ellerellerek522 жыл бұрын
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"
@HibiscusFlowerFC2 жыл бұрын
What do you gamble on?
@ellerellerek522 жыл бұрын
@@HibiscusFlowerFC mma
@nialltumulty68662 жыл бұрын
You think glover is worth a punt next weekend?
@ellerellerek522 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
@handeyecoordinationskills2 жыл бұрын
Can u advise me on betting on soccer games?
@MikeVeracity10 жыл бұрын
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_chronicles2 жыл бұрын
Ham and eggers
@awesomeshorts8664Ай бұрын
What do you play mike?
@drunkbang53766 жыл бұрын
Money management is key.
@SportsBoss9993 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.
@joohpack83702 жыл бұрын
becoming homeless is the key
@Jessica-gw9cf9 жыл бұрын
All this did was make me log in to my poker account
@jhonjohnjonjondoe50118 жыл бұрын
+Jessica Kipling nice assuming you are a winner? I watched this after playing poker all day. What site do you play on?
@mhgh34328 жыл бұрын
same
@lovelife57188 жыл бұрын
Jessica Kipling 😂😂😂
@TheVitalTiger7 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?
@mdeyoung35467 жыл бұрын
should be mandatory for all high school students. oh but that would produce far fewer sheeple!
@yhinr69765 жыл бұрын
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.
@skinovtheperineum12083 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 Жыл 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.
@AuditorInvestor4 жыл бұрын
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.
@mariai95494 жыл бұрын
Great movie! " pay that man his money" Teddy KGB
@remainfocused85703 жыл бұрын
When Matt Damon's character figured out the "Tell" vs the Russian guy with the Oreos....freakin brilliant 👍🏼
@skinovtheperineum12083 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.
@Pliuh20073 ай бұрын
@@skinovtheperineum1208 as usually, bad end 😁😁😁
@seagramrip1875 жыл бұрын
Start small build your empire there is no quick way it takes years to become comfy 👍👍👍👍
@lethalspics2924 жыл бұрын
Working hard for easy money!
@HemantPandey1236 жыл бұрын
Comments taught me more!!
@wageraccess92076 жыл бұрын
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.
@skinovtheperineum12083 жыл бұрын
Learn how to write in English before offering up any more of your 'wisdom'.
@carlredlin39184 жыл бұрын
Gamblers, traders, every other walk of life , 95 percent are LOSERS. Why , it all boils down to a plan and discipline.
@djdedan7 жыл бұрын
Poker players, Blackjack players, Sports better but he forgot one extremely large group of gamblers... investment bankers...
@juanzamora70827 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!!
@jonathanhains8146 жыл бұрын
Juan Zamora you don't appear to understand what Investment Banking is.
@zachsonavery23176 жыл бұрын
what is investment banking anyway?
@daysofend6 жыл бұрын
Stocks, house market, metals, etc. You lose because they win.
@user-gb8ks6cg9o6 жыл бұрын
You have no idea what investment banking is
@venkatasivagabbita7884 жыл бұрын
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.
@lilleballe103 жыл бұрын
????
@andrecs90795 жыл бұрын
This guy is right on. Trust me.
@programtobesuccess94482 жыл бұрын
I'm happy because I happen to watched this video. ❤️😇
@sampsonmetalconcepts3 жыл бұрын
I was really looking forward to talking this test, turns out the internet ages very fast.
@tobiasgruber32506 жыл бұрын
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.
@aaronsmith48063 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 Жыл бұрын
Exactly. You get what you pay for. Losing is a thrill for amnesiacs.
@DrTune7 жыл бұрын
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
@MKrip8087 жыл бұрын
Exactly
@innertubez7 жыл бұрын
Dr Tune Many people don't seem to come to terms with the obvious, though, non-expert gamblers especially.
@zackryan016 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
@sargenmi6 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-ip1er6 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.
@normastanley58538 жыл бұрын
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...
@jhonjohnjonjondoe50118 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.
@mattrogers64877 жыл бұрын
Spoken like a true addict.
@ServantofGod077 жыл бұрын
it's not hard work if you enjoy doing it
@adkest73457 жыл бұрын
Very good point, I do the same, I don't know much about soccer but just look at tipsters win rates.
@matejpetrovic73126 жыл бұрын
Jhon John Jon Jon Doe where did u find those "homeworks", what type od videos or sites are they?
@CaliberWatch5 жыл бұрын
Dont make a decision if you are overconfident!
@luisweng64445 жыл бұрын
very true man!
@rubenrojas63992 жыл бұрын
I watched this whole video just to quote the legend Kenny Rogers “You gotta know when to hold ‘em, know when to fold ‘em”
@vmizzell5 жыл бұрын
What happened to the website? Projection Point doesn't seem to exist anymore?
@raphaelwilhelm443211 жыл бұрын
@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?
@rentslave7 жыл бұрын
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-cz2wv5 жыл бұрын
Wat
@oscarswain32383 жыл бұрын
As a day trader, super cool vid, thanks 😊
@danielmitre5 жыл бұрын
Sadly the site is no longer available (?)
@xeroxre68376 жыл бұрын
OK thats a nice intro, where's the content
@kelvinpell45712 жыл бұрын
The test seems to be unavailable online. DNS server cannot be reached
@davehunter90265 жыл бұрын
I can't find a working link to the test now. can anyone share please?
@kliffi965 жыл бұрын
Same here. The Twitter accounts Last Post is from 2013 i guess it's shut down.
@sequoiahiker2 жыл бұрын
Is there another place where one can take the risk intelligence assessment test? The projection point site is no longer online
@markemmerson13835 жыл бұрын
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.
@MrMustangMan4 жыл бұрын
amen.!!!!!!
@anon6186 жыл бұрын
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.
@depressedessendonfan57026 жыл бұрын
Do you mean your biggest wins have come despite betting on what you think that in more likelihood was the dog?
@7804673b2 жыл бұрын
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.
@chaselucciano31262 жыл бұрын
Exactly lol
@Shmarful2 жыл бұрын
Guy at 7.22 right smack dab in the middle is having none of it
@johndearden79315 жыл бұрын
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.
@schwaarnkreddy78055 жыл бұрын
Interesting! Would you care to elaborate on this,please?
@fturla6 жыл бұрын
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.
@InformRacing6 жыл бұрын
I found this very interesting being an intelligent gambler
@ekim955yt4 жыл бұрын
You are anything but intelligent.
@ojwells38463 жыл бұрын
@@ekim955yt LMAO the fact you judge someone based on a youtube comment shows how deficiant you are 🤣
@HiHACKER7 жыл бұрын
took the test....it said im average. got 56.8 something
@smaransogi63714 жыл бұрын
send the link of the test
@yashdwivedi84403 жыл бұрын
Please share the link
@jimparsons68033 жыл бұрын
A better than a 50/50 chance? Have you heard of the 'Kelly number?'
@antarcticorb91973 жыл бұрын
The battle is between you and yourself...not you and the house.
@Z3llix4 жыл бұрын
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.
@skinovtheperineum12083 жыл бұрын
What's interesting to me is that you would write all that blather without realizing that the word is 'bettors'.
@Kim-yr2du3 жыл бұрын
But I love that you made this video. When I figured out how to do it, I couldn't figure out why no one would let me teach them. I mean no one. I literally lost all of my friends over it. Friends Id had for 20 years. They all thought I was off my rocker on drugs. It was the craziest thing in the world to me. It took me 4 years to finally go out and do it because they were in my head about it. At some point subconsciously I started to believe it was crazy too. Turns out it wasn't. And those friends all got the finger on my way out the door.
@Hmongboi2286 жыл бұрын
Website is not working. I wanna take this test because I'm a gambler!!
@handeyecoordinationskills2 жыл бұрын
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
@storymiller73493 жыл бұрын
The projection point website is not showing up. I want to take the test
@ITILII5 жыл бұрын
Not all gamblers are fools. The vast majority are, though, because: they bet on games that have the worst odds, such as Keno, Big Six and Slots. Even if they play the games with the odds least against them, such as Craps, Blackjack and Baccarat, they often don't know the best strategies and even worse don't know how to manage money. A study was done in Las Vegas casinos a while back which showed at any given time, 71% of gamblers were up (had more money than they started with)....what percentage of people left with more than they started .....5%
@ARon827 жыл бұрын
First you have the poker players, and then you have the poker players.
@ServantofGod077 жыл бұрын
it is what it is
@Pinkbirkinbaby6 жыл бұрын
😭😭😭😭😭😭😭😭😭😭 I thought I was hearing him wrong like sir what
@davidgerardstack47996 жыл бұрын
Poker players, Blackjack players, Sports bettors
@lpointmpoint37365 жыл бұрын
He was nervous. But the intent was clear. Blackjack players.
@SportsBoss9993 жыл бұрын
LMAO!!!!!
@nigelskinner24428 жыл бұрын
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.
@skinovtheperineum12083 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.
@plexasm36237 жыл бұрын
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
@skinovtheperineum12083 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.
@floridabeacheshighdefdrone13713 жыл бұрын
@@skinovtheperineum1208 0/2, well done
@skinovtheperineum12083 жыл бұрын
@@floridabeacheshighdefdrone1371 - Nobody bet their house. If they had, the Bills would have won.
@floridabeacheshighdefdrone13713 жыл бұрын
@@skinovtheperineum1208 lol. Good reply
@parthkotak73344 жыл бұрын
Is the test still there? Cant find it
@sashbar7 жыл бұрын
This guy clearly knows sweet FA about poker :)
@davidmiller-zf8zl5 жыл бұрын
The real victim here is this guy’s work. It’s probably valid and interesting. Too bad we’ll never know by listening to him deliver his research.
@acool64013 жыл бұрын
The only way to win as a professional gambler is to have a solid substantial edge in the game that will play out in the long run due to "The Law of Large Numbers" Understanding your data set and finding that edge is the hardest part, the rest is all just money management, adherence to the system and mental discipline.
@user-bb1qo1px7s2 жыл бұрын
Perfect. Just have to remember: long run cant be forever. Some may never find any Edge and lose a lot of lifetime. For others they may get rich...I would advise to buy that edge from another expert player ( not Gambler, thats pejorative), that Will buy you some time.
@graememudie79215 жыл бұрын
I bought a toaster, it went on fire.
@SportsBoss9993 жыл бұрын
Beautiful!! There ARE no guarantees.
@seanglover60627 жыл бұрын
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.
@archieblaster4 жыл бұрын
"By now you are wondering what your risk intelligence is like" guy at 07:22 looks left and right lol
@alimemarzadeh6093 жыл бұрын
your website is down sir, please renew your hosting plan
@christophergreen27887 жыл бұрын
Nice! Really agree with everything, hope most people could understand this
@arthurhaynes54704 жыл бұрын
Here, I'll give more valuable insight in a single sentence: People hate laying odds.
@MrMustangMan4 жыл бұрын
and chickens hate laying eggs.......
@kartiks74973 жыл бұрын
Website is not working, has the name of website changed ?
@sweetasuwtb6 жыл бұрын
I beg to differ with you. Roulette is strictly a game of chance only for the novice who doesn’t understand math!
@libertyandpresencenow72525 жыл бұрын
Website not there any longer
@lombardo1415 жыл бұрын
It basically describes Financial Traders.
@slydaxpoker56466 жыл бұрын
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
@jackfromme21625 жыл бұрын
Where is the test? The website isn’t there anymore?
@kimiantumblod76547 жыл бұрын
Your website is down sir.
@Ludifant7 жыл бұрын
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?
@MKrip8087 жыл бұрын
I was just on the site and took the test. It must be back up.
@maheshkrshnan80644 жыл бұрын
Here is an example of a poor communicator, though knowledgeable ,failed to put across his thoughts in a simple, elegant manner and share practical and actionable insights. Instead watch LIV BOERLEE on the same subject who has 2 talks on this subject. Just brilliant! It's on TED website. Watch the 5 minute talk first ( 3 lessons in decision making..)
@mzervoudis7 жыл бұрын
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.
@Fetchem12224 жыл бұрын
02:12 is the biggest take away!
@yeoshihongjohn51015 жыл бұрын
Where is the website he talked about?
@yakindaconti70638 жыл бұрын
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
@bjblues78235 жыл бұрын
The Casino get's everything in the end. So buy a casino!
@outamnunkoo54863 жыл бұрын
That's a wonderful idea.
@professionalgambler745 жыл бұрын
Brilliant video
@adddad97796 жыл бұрын
The cited test doesn't work. I tried it in multiple browsers.
@prashanthkumar75863 жыл бұрын
The website does not exist.
@meghnamurthy81233 жыл бұрын
Roulette is an art, it can be worked on
@Christian_Prepper6 жыл бұрын
*SCRIPTURE RIP-OFF!* 15:33 (Ecclesiastes 3: 11) He has made everything beautiful in its time. He has even put eternity in their heart; yet mankind will never find out the work that the true God has made from start to finish.