Helpful Loophole Theories Of Gambling – Scientific Approach

Betting dates back thousands of years, and while methods, strategies, and options have changed dramatically, uncertainty is a constant factor. Can you eliminate that? Bettors need help understanding how betting works on every level. We collected some helpful loophole theories of gambling to maximize your profit!

Theories Go Way Back!

As long as we can trace back in time, people have created gambling games. Archaeologists have found cube-shaped bones known as astragalus from prehistoric sites across Europe, Asia, and North America, some dating back as far as 40,000 years. That’s incredible evidence. They can only guess the purpose of the bones, but the cave drawings suggest that they served as entertainment, prophecy, or guidance.

The ancient Chinese, Greeks, and Romans also played gambling games in which they bet on the outcome of sporting events. They saw gambling as a metaphor for life. If you could predict what the future holds, you could control it. If you can control it, it will make your life less uncertain. However, gambling is called a game of chance for a reason. However, people have not given up trying to find various solutions throughout history, but all they could figure out was some scientific loophole theories of gambling.

The Probability is a Loophole Theory of Gambling!

The idea of chance, uncertainty, and probability did not take mathematical form until the 17th century, when two French mathematicians, Blaise Pascal, and Pierre de Fermat, resolved a gambling dispute over a game of dice.

By formulating the general probability theory, they introduced the mathematical concept of the expected value, which bettors still use today to estimate how much they can expect to win.

For example, predicting all the possible outcomes of rolling two dice. So, it is a helpful theory of betting that works, though, it’s not a 100% assurance, as coincidence is another major factor in gambling. Let’s see what it means exactly! If a bettor always does something the same way, with the same conditions, but gets different results, then we consider it a random event.

Probably the best example is when you roll a die. However, for something like rolling the dice, it would be physically impossible to replicate the same movements every time. The different results are due to tiny differences in how we hold our hands and how we throw. According to this theory, coincidences are the results of the difference in the initial conditions, like how the dice roll out of your hand.

Loophole Theories of Gambling: The Uncertainty Factor

Uncertainty of the outcome means a lack of knowledge about how things work. If we knew all the forces applying to the roll of the dice and their direction, we would be able to predict with absolute certainty the position the dice will land in. This is the essence of determinism! If we have enough information, everything is predictable, and for any given set of initial conditions, there is only one outcome. The fact that we can’t predict many things is simply due to the lack of data. 

In 1814, another French mathematician formulated the following theory, which became known as Laplace démon. In a nutshell, the present state of the universe is the result of its past, which determines the future. Laplace claimed that there is an intellect that knows everything, and if it provided enough data, we could understand the elements that make up nature and predict everything. 

Since it knows everything, there is no uncertainty about the future, and the present and future is basically the same for this intelligence. Unfortunately, none of us can be that intelligent, as there will always be errors in measuring the initial conditions. Therefore, there will always be a certain level of uncertainty in the final result, and this uncertainty is called coincidence.

Is the Uncertainty Principle Constant?

Around the turn of the 20th century, this philosophy began to lose its credit with the realization that the atoms and the subatomic particles that make them up do not behave like everyday objects.

Quantum mechanics revealed that Laplace’s theory does not have fixed elements, they rather behave like waves, whose position in time and space can only be described by a probability function. Long story short, scientists started to question how you could predict where something will be in the future if you don’t even know where it is now.

In 1927, the German physicist Werner Heisenberg published the famous Uncertainty Principle. Simply put, you can not know the exact speed and position of a particle, and learning a lot about one does not mean the same applies to the other. Most importantly, this uncertainty did not arise from the lack of information we know, as Laplace assumed. On the contrary, it was a mathematical impossibility imposed by nature.

What Does Quantum Physics Have to Do With Gambling?

Quantum physics, or more precisely, quantum mechanics, is a branch of physics that completely contradicts what we can see and have known for thousands of years. Quantum physics is where everything has tiny elementary particles that can be in two places at the same time, where nothing is impossible, and the future can affect the past. Many people expect it to solve the great mysteries of the world, and rightly so. 

Even today, quantum physics has provided explanations for countless unexplainable phenomena. It is arguably one of the most amazing scientific breakthroughs, but it’s so strange and mind-blowing that it’s almost impossible to grasp, even to scientists. At this point, we have to mention Stephen Hawking, who you might best know for the Theory of Everything. 

He earned plenty of money by using quantum theories in gambling games and sports betting. Hawking worked on various betting methods involving quantum physics in soccer, for instance. It’s hard to explain, but he found a connection between quantum physics, the blackjack dealer, and the cards. He also claimed that reading the first twenty pages of A Brief History of Time will teach you how to win in casino games. Maybe you should give it a go and see if it’s a helpful loophole theory of gambling, or not!

Method of the Scratchcard Genius

In 1993, an American lady, Joan Ginther, won the jackpot of 5.3 million dollars on the scratch ticket of the Texas lottery. In 2006, Joan also took home another jackpot worth $2 million in another Texas scratch card game, the Holiday Millionaire. Then two years later, she won another 3 million dollars with the Millions & Millions game, and finally, in 2010, she won the ultimate 10 million dollars main prize of the game called Extreme Payoff. 

Well, it is hard to believe that she was just lucky. However, the suspicious fact is that Ms. Ginther is a math professor with a Ph.D. in statistics from one of the best American universities, Stanford. During the big winning streak, she lived in Las Vegas, traveling to Texas only to buy scratch tickets. Mathematicians calculated the odds of her four hits! Imagine all of the sand grains in all the deserts on Earth. Well, this number is 18 times that.

 Can a person be so fortunate, or has Ginther found a loophole in the scratch card game mechanics? According to online casino sites in the US, journalists have a theory about her methods, based on which it seems that she owed her millions to probability rather than blind luck. You can check out a similar case when the genius MIT students beat the House with a strategy that actually works!

Loophole Theories of Gambling

Ms. Ginther probably got lucky with her first win and then put most of the money she won back into buying more scratch cards. Her tactic may have been to hunt for situations where people bought most of the tickets from a given game, but the bigger prizes were yet to be won. So, when she figured her odds had increased enough, she traveled to Texas and bought thousands of lottery tickets. 

According to this theory, she had to buy more than 100,000 scratch cards in total, for more than 3 million dollars. We know of the four big prizes, but no one has the faintest idea how many smaller winnings she had. In addition, in the American tax system, you can deduct losses from state-sponsored gambling on your taxes. Thus, during the years when Joan was down on her luck, she was able to significantly reduce her losses by paying less tax those years. 

All in all, it seems the math professor used the same tactics as the casinos. In roulette, the house always wins in the long run because its chances of winning are slightly better than those of the players. Ms. Ginther only played when she had a slightly better chance of winning than the house, and over decades the law of large numbers won, though she never said anything about her methods. If you don’t have a betting office near, you can also scratch cards online! Check out 20Bet Casinofor the best offers!

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