The use of Software in Gambling and Trading


10/09/2014
By Maria McCoyGoogle
Gambling and trading on the stick or money markets have a lot in common. The main variable is luck in both, but for a trader, they can make their luck. Today, software is the judge of many trades in the stock market, but also in gambling software is becoming more prominent.

A trader doesn’t become a trader for nothing. Skill, prowess, knowledge of the market and an aptitude for when things are about to move for better or worse makes them some of the most sort after individuals in the world when it comes to making money. However, lately algorithms have taken over many of the trading platforms, not just to spot trends, which it takes a keen eye to read in between lines, but also to make deals go through quicker in order to avoid losses through miniscule changes in prices between trade decisions and the actual transaction.

All the traits of a trader can also be spotted in your average gambler. That is when we say average gambler, we mean someone that knows their game be it Roulette, Poker, Blackjack or Punto Blanco.

Today software is becoming more and more prevalent in the online gambling world. Many of these programs are not allowed to be attached to the casino client, but as players have time between spins and deals or placing bets when they are playing online, they also have the time to input the latest hand dealt or the result of the latest spin. The software program will then rearrange the odds to suit the player’s probability.



Let’s take a Roulette board for example. Players log on and see the numbers that have just spun through and input the numbers into their software program. The program already knows which numbers are associated with red and black plus it will automatically calculate all the outside bets such as high/low or odd/even. Now the stats and pay-out odds are changed by the software. If 32 has come twice over the last few spins, the odds of a straight bet on this number will become very low, it is as simple as that.

For Roulette, you may not even need software, and instead just common sense to work out that the number 16 has not come in for a while, and so with 30 spins with odds of 36-1 of that number coming in, there is a good chance that 16 is bound to land soon or later. Even if it take another 20 spins, the profit of 20 bets is a payoff of 35-1. A straight bet of $10 on number 16 for 20 spins is $200, but when it hits within 20 spins, the payback is $350, a $150 profit for your prowess.

Where the software does really help is spotting adjacent numbers that have not appeared for a while. This is a good opportunity for a split or corner bet. Similarly, in Blackjack, the software will give you odds according to the number of decks you are playing with and the likelihood of you making a good hand or being beaten by the dealer. These are both examples of factors that are tough for the human brain to calculate.

In a nutshell, being a gambler means you need to be as slick as a city trader or a quality hedge fund manager. However, using software will help you take the edge off the house just that little bit more as algorithms have taken the edge off the risk in the stock markets. Although, software is also not full proof, and some common sense and knowledge of the games/markets you are dealing with are essential to become successful.
 

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