World’s Richest Gamblers (Investors) — Making Billions With Mathematics
The stories of three mathematicians that beat the house and the market to earn $26 billion dollars.
Mathematics is the language of the universe, and those who understand it can harness its power to make incredible fortunes. The world’s richest gamblers are those who have mastered the art of probability and used it to their advantage.
Whether it’s playing poker or investing in the stock market, these individuals have used their mathematical skills to make billions of dollars. And in many cases, they have done it without any inside information or influence on the economic scene.
People Lie, Numbers Don’t
So what makes mathematicians so powerful? It’s the ability to see patterns and relationships that others can’t. And in the world of gambling, those who can see these patterns and relationships are often the ones who come out on top. Let us look at a couple of examples of success stories:
Chris Ferguson, a professional poker player and winner of over $9.6 million in prize money, is something of a legend in the casino world. But what many don’t know is that Ferguson is also a math genius, using his skills to calculate the odds and make the right moves to win big.
Ferguson began playing poker while studying at UCLA and quickly realized that he had a talent for the game.
Ferguson’s biggest win came in 2000, when he took down the first-ever World Series of Poker Main Event, earning a massive $1.5 million payout. Since then, he has continued to rack up winnings and is now widely considered to be one of the best poker players in the world.
What makes Ferguson special is his contribution to implementing GTO (Game Theory Optimal) strategies in poker. His methods removed all emotion from the game and focused purely on game theory and statistics, which resulted to be quite profitable for him.