31 Facts About Lotto System

Lotto system has hundreds of separate facts, but together, give signals how to select, compare, combine, choose or adapt into new form, to realize the winning results. The information obtained by graphical investigation has fallen to show us, all the facts about a lotto system. The analysis of previous draws must be our primary resource of a better information. Exciting and interesting things I discovered in this system. In this article I bring you a collection of 31 facts about lotto.

1} The six numbered balls that were drawn, are returned back, after every live draw, to participate again, to future draws.

2} Past lotto draws are the key for future results.

3} Penetrating lotto past performance we gain knowledge.

4} Outside factors determine inner changes.

5} Weakness of balls is the inevitable outcome of lottery machine activity.

6} Repeatability of lotto numbers is a basic parameter of lotto system.

7} The written information about past performance, makes this system, controllable.

8} In lotto system exists competition between two opposite tendencies.

9} Self-adjustment is a vital mechanism of lotto function.

10} In space of universe, lotto system is mere a tiny point.

11} Lotto is not a natural system, but a man-made system..

12} Lotto is accessible, free procurable, adaptable to change and ready for use.

13} Lotto is somehow a part of a world of banks.

14} Lotto is composed from two separated parts that work as one.

15} The very moment of live draw creates a strong link between the two.

16} The live draw is an outcome of a long internal process.

17} Lotto has constitutional needs. A few of these are: adaptation, self-determination, coordination, self-monitoring, repetition of numbers and so on.

18} Lotteries are the best business of the governments.

19} Uncertainty is unavoidable.

20} Lotto game gives money.

21} The last 30-50 previous draws incorporate all the numbers of this system.

22} The last 10 previous draws contain the majority of numbers of that system.

23} The last 10 previous draws contain also the majority of winning numbers for the next time.

24} The physical activity of lotto machine determines the abstract structure of numbers arrangement.

25} The center of lotto, is in the actual situation, one moment before the every live draw.

26} Lotto can be won.

27} The initial condition of this system has a strong influence on the future distribution of numbers.

28} Nothing in lotto is random, nor chaos. All is an example of precise rules and order.

29} In every country, the structure of lotto is different.

30} Lotto winning numbers have specific properties before the next draw.

31} Lotto winning numbers for the next draw are visible 100 % before they will be drawn.

Perpetually Erect Penis – Sex Addiction or Normal Male Desire?

At some point, most men probably wonder whether they might have a sex addiction or whether that always-ready erect penis is just part of being a man. Clearly, a tool that is always at the ready is a sign of good penis health, but even so, the possibility that he may have a sex addiction problem can make a man feel quite uncomfortable. So how is a guy supposed to tell if he is addicted?

What is sex addiction?

Sex addiction – also known by the term “hypersexuality” – is a cause for enormous debate among the medical and psychiatric communities. Some people believe that there is no such thing; others believe that it most certainly does exist. But even among the latter group, there is a range of opinions concerning how to define it – and how to diagnose it.

Writing on PsychCentral, Robert Weiss, LCSW, CSAT-S, defines sex addiction as “a dysfunctional preoccupation with sexual fantasy, often in combination with the obsessive pursuit of casual or non-intimate sex; pornography; compulsive masturbation; romantic intensity and objectified partner sex for a period of at least six months.”

Weiss also states that an addiction may exist if this obsessive behavior continues despite efforts to stop it and despite the impact that it has on relationships, social life and work. He compares it to other obsessive addictive behaviors like gambling and binge eating.

If it feels good, is it addiction?

One of the traits of sex addiction is that sex is often used to make a person feel better; rather than soothing oneself in a non-sexual manner or talking to others about problems they are experiencing, sex addicts tend to turn to sexual behaviors to reduce feelings of anxiety and stress.

That does not mean that a guy who occasionally fondles his tool when he’s feeling stressed or seeks to bed someone when he’s blue is a sex addict; but if this kind of behavior occurs with great frequency and if it cannot really be controlled by the man, then an addiction is quite likely.

The un-controlled aspect is key; many men have extremely high sex drives and engage in sex with an above average frequency; but they do this by choice. So, just because it feels good to have sex and a man does it often does not mean he has an addiction.

Seeking help

If a man does think that perhaps his sexual activity goes beyond normal and has the possibility of being an addiction, he should definitely seek help. There are recovery programs, such as Sexaholics Anonymous and Sex Addicts Anonymous, that can provide support and aid in dealing with the issue. Mental health professionals, such as psychotherapists, psychiatrists and some social workers, are another resource; those with training in cognitive behavioral therapy (CBT) can men develop strategies to meet their sex addiction challenges. Certain medications, such as SSRIs (often used in treating depression and anxiety), may be prescribed by doctors to help control sexually compulsive behaviors; various mood stabilizers may also be used. Seeking help for a sex addiction is very important; as more becomes known about this condition in future years, more therapies will be developed to help those suffering from it.

Many men who experience a sex addiction engage in sex so frequently or with such aggressive behavior that their erect penis can become damaged – raw and sore or even de-sensitized — due to rough handling. And it’s not just hypersexual men who encounter this; many men find themselves in the same boat. This is why it’s crucial that men make a habit of using a superior penis health cream (health professionals recommend Man 1 Man Oil) on a regular basis. A cream with shea butter and vitamin E will nourish and moisturize the skin; if the cream also contains acetyl L carnitine, which is neuroprotective, it can help restore sensitivity lost due to peripheral nerve damage caused by rough use. And if L-arginine is also present in the cream, there will be a benefit to penis blood flow, as that ingredient aids the process which keeps blood vessels open.

Mobsters, Gangs, Criminals and Crooks – William J Sharkey

He was a crook, a pickpocket, a Tammany Hall politician, and finally, a murderer. Yet William J. Sharkey was best known for his daring escape from death row, in New York City’s Tombs Prison.

Sharkey was born in New York City in 1845, to well-to-do family, which resided in the Ninth Ward in Manhattan. Despite the affluence of his family, Sharkey gravitated over to the dark side. He began hanging out with pickpockets, gamblers, and crooks, and soon he became a very capable pickpocket himself, and a gambler of some renown. One sad day, Sharkey was arrested for pickpocketing, and he had his picture taken by the municipal photographer, giving himself a definitive presence in the criminal record section, of New York City Police Department.

Sharkey soon elevated himself in the criminal ladder, dealing in stolen bonds. With the money from his endeavors piling in, Sharkey formed his own gang called “Sharkey’s Guards,” which had their headquarters at the corner of Wooster and Houston Streets. It was there that Sharkey insinuated himself into the local political scene, and soon he was the darling of the crooks who ran Tammany Hall. Sharkey dressed himself in the finest clothes, wearing sparkling diamonds on his fingers, and around his neck. Soon, Tammany Hall put Sharkey up for election, for Assistant Alderman. Even though Tammany Hall’s had influence, and muscle, working in their favor at the polls, Sharkey somehow lost the election. Disappointed with his political failure, Sharkey decided to go back to his first loves – stealing and gambling.

With the money he made from various illegal endeavors, Sharkey traveled to Buffalo, New York, and started a faro game. However, Sharkey was so unlucky, he managed to lose $4000 in just five days. Downtrodden, Sharkey returned to New York City, and hooked up with his old friend Robert Dunn, real name Bob Isaacs. Dunn was an employee of the City’s Comptroller’s Office, but he also was a faro dealer, in a Fulton Street gambling house. Figuring Dunn was a more capable faro expert then he, Sharkey gave Dunn $600, and told him to go to Buffalo, and try his hand at faro. Dunn agreed that if he was successful in Buffalo, he promised to repay Sharkey the $600, plus half his winnings. As luck would have it, Dunn was just as unlucky in Buffalo as Sharkey was, and he lost his entire stake. Dunn returned to New York City, and told Sharkey the bad news.

On September 1, 1872, Dunn and Sharkey attended the funeral of James Riley, a prominent member of the Michael Norton Association, a political arm of Tammany Hall. After the funeral, Sharkey and Dunn traveled separately to a saloon owned by Charles Harvey, called “The Place,” located at 288 Hudson Street. By the time Sharkey had arrived, Dunn had already imbibed a few rye whiskeys at the bar. Sharkey ordered a rye himself, and after he knocked it down in one gulp, Sharkey demanded his $600 back from Dunn. Dunn told Sharkey he was tapped out himself, and couldn’t repay the money. Sharkey immediately drew a single-shot Derringer pistol, and pointed it at Dunn’s chest.

Dunn screamed, “Don’t shoot, Billy! I’ll pay you as soon as I can!”

Sharkey would have none of that. He bellowed back, “You better pay me now!”

Before Dunn could reply, Sharkey fired the Derringer point-blank at Dunn. The bullet pierced Dunn’s heart, killing him instantly. Sharkey fled the scene of the crime, but he was captured a few hours later, in a boarding house on Washington Street, near Perry Street.

Sharkey was tried, convicted, and sentenced to be hanged at the Tombs Prison, on August 15, 1873. However, Sharkey’s connections at Tammany Hall pushed back his execution date to early December.

While Sharkey was imprisoned, he was visited daily by the most beautiful Maggie Jourdan, herself a very successful pickpocket. Miss Jourdan arrived early every morning, and always stood until visiting hours were over. Miss Jourdan was a great friend of Mrs. Wesley Allen, the wife of a burglar, whose brother John Allen owned a bawdy dance hall on Water Street. John Allen was known as “The Wickedest Man in New York City.”

While most prisoners at the Tombs lived in perpetual squalor, Sharkey lived quite nicely on the second tier of the prison, in an area called “Murderer’s Row.” With the money Jourdan earned stealing, and also by her hocking her jewelry, including her gold watch, Sharkey was able to decorate his jail cell number 40 (which was never locked), with the finest furniture. Jordan bought Sharkey a walnut table, a Kidderminster carpet, a canary in a cage, and a book-and-magazine rack, which was suspended from the ceiling by silken cords. Jourdan also supplied Sharkey with a soft mattress for his bed, a comfortable chair for his lounging, draperies for his cell door, an elegant dressing gown made of velvet and cherry-colored silk, and velvet slippers.

Jourdan often told Sharkey during her visits, that if he died, she no longer wanted to live. “Willie, I could never let you suffer,” she tearfully told him.

On November 19, 1873, at exactly 10 AM, Jourdan arrived at the Franklin Street entrance to the Tombs. The guard on duty gave her the usual pass given to all visitors. The bottom part of her body was noticeably bulky, but the prison guards thought she had just put on additional petticoats, to protect herself the from the cold November air. Jourdan immediately went to Sharkey’s cell, and she spoke to him for several hours. The prison guards were so accustomed to her being there, they hardly paid any attention to what she did, and what she said to Sharkey.

Mrs. Wesley Allen arrived at the prison at 12:30 PM. She stopped at Sharkey’s cell on the second tier, and spoke to both Jourdan and Sharkey. Then Mrs. Allen went upstairs to the third tier, to visit a prisoner named Flood. At 1 PM, Jourdan exited the prison, which was quite unusual, since she always stood until the end of the day.

A half an hour later, a strange-looking woman, with especially broad shoulders, walked down the second-tier corridor, through two lower gates, and out of the prison. As this dubious lady exited the prison, she handed her pass to the guard minding the exit. This woman wore a heavy black woolen dress, a black coat, an Alpine bonnet, and a thick green veil, which covered her entire face. Patrolmen Dolan was walking down Franklin Street, when he saw this woman nimbly jump onto a passing streetcar, even though she was wearing high French heels.

At 2:05 PM, Mrs. Wesley Allen tried to exit the prison. As she passed the guard standing at the exit, the guard asked her for her visitor’s pass. Mrs. Allen nervously fumbled in her dress pockets for several seconds, before she said, “I put it in my pocket, but I must have lost it.”

The guard, realizing something was up, immediately summoned Warden Johnson. Mrs. Allen was detained, while Warden Johnson ordered all cells in the prison to be immediately searched. During this search, they were dismayed to find out that Sharkey’s cell was empty. His elegant clothes were scattered about his cell, and right above his washbasin, were the remnants of his flowing mustache, which had obviously just been shaved off.

Mrs. Allen was immediately arrested, but since there was no concrete evidence to incriminate her, the police reluctantly released her. Jourdan was arrested that night at her mother’s home at 167 9th Ave. When the detectives told her she was under arrest, Jourdan replied, “I am the happiest little woman in the world.”

Jourdan was tried in General Sessions Court, and was defended by the infamous attorney Big Bill Howe. Howe was so efficient in Jourdan’s defense, the jury acquitted her on all charges.

It was later determined, that despite the fact the police had searched all the piers in the city looking for Sharkey, Sharkey had escaped on the schooner Frank Atwood, and made his way to Haiti. Not liking that country too much, Sharkey boarded another boat, and travel to Cuba, where he settled.

Two years after Sharkey had made his escape from the Tombs Prison, Maggie Jourdan joined Sharkey in Cuba. Yet for some unknown reason (probably because Sharkey was an incorrigible creature), Sharkey badly mistreated Jourdan, the very woman responsible for Sharkey avoiding the gallows in New York City. Sharkey abused Jourdan so much, the captain of the ship who had taken Jourdan to Cuba, hustled her back on board, and took her back to New York City.

Soon afterwards, Jourdan found her true love, whom she married. They presumably lived happily ever after.

As far as it can be determined, William J. Sharkey never returned to New York City.

Be Rich With Pick 3 Lucky Lottery Numbers

Have you ever felt you are lucky? If not, it’s time to feel lucky now because you can win for sure! Yes, isn’t it nice to see that you can win surely in lucky games where people seldom win anything? Lottery games are not new. They have been ever since man started believing in luck. The basic logic behind lottery games is that a few win while the others lose. The money of all the people who couldn’t win would go to the few who would win leaving a margin to the organizer. This is just one type among many varieties of lotteries today being held all over the world.

Number lotteries, casino, pick 3 lottery games, dice games, card games, etc. are a few other games where numbers are involved. These games are where the player has to pick some numbers and then the cards, dice or wheels are rolled to see if any of these numbers would turn up. If the numbers one bets on turn up, he or she would win a handsome amount of money. The pick 3 lottery games are popular for the very reason that if any of the three numbers guessed would turn up, one would win good money.

Playing pick 3 lottery games may not be the only best way of making quick money. However, as numbers are involved, there is every scope for the player to work on mathematics and arrive at a near guess of the 3 numbers that would turn up. If one is able to guess the correct numbers and bet on them frequently, he or she would become rich with a few games. The booty at the end of each game may not be huge but repeated winning definitely leaves the one richer and richer.

Mobsters in America – Caspar Holstein – The Harlem Policy King

He was considered a genius; a compassionate man who gave freely to the poor. But Caspar Holstein made his fortune in the Harlem numbers policy game, which he helped invent.

Casper Holstein was born on December 7, 1876, in St. Croix, Danish West Indies. His parents were of mixed African and Danish descent, and his father’s father was a Danish officer in the Danish West Indies Colonial militia. The Holstein family moved to New York City in 1894. Holstein, an extremely bright boy, graduated from high school in Brooklyn, which was no mean accomplishment for a black man before the turn of the century. After graduation, he enlisted in the Navy, and during World Ward I, he visited his homeland, which by then was known as the West Virgin Islands.

When Holstein was discharged from the Navy, he worked at various odd jobs, including being a doorman in an Upper East Side building. He also became a personal assistant to a wealthy white couple, and years later after he made his fortune, and they had lost theirs, Holstein supported this couple, then paid for their funeral.

Looking to better himself, Holstein wandered down to Wall Street, where he got a job, first as a messenger, then head messenger, for a commodities brokerage firm on Wall Street. Holstein became enamored of gambling, especially the horses, but he also dabbled in the stock market, perusing daily figures from the Boston and the New York City Clearing Houses. One day, an idea came to Holstein that would improve his lot dramatically. He knew that people in black neighborhoods, such as Harlem, loved to gamble, but most didn’t have enough spare cash to do so. When he had saved enough money to start his endeavor, Holstein devised a scheme where people could bet as little as a dime on a random set of three digits numbers, that would appear daily in the New York City newspapers.

Using the Boston and New York City Clearing House figures, Holstein took two middle digits from the New York number and one middle digit from the Boston number. So if the two clearing house totals were 9,456,131 and 7, 456,253 respectively, the winning number would be 566; the “56” being the two digits before the last comma of the first figure, and the “6” being the last digit before the last comma of the second figure. This system was so random, it could not be manipulated, like it would be later, when gangster Dutch Schultz muscled in on the Harlem numbers racket, and began using race track figures, which indeed he did manipulate. By the early 1920’s, Holstein’s system was the rage in Harlem. Holstein became known as the “Bolita King”, earning an estimated $5000 a day.

Using his newfound wealth, Holstein contributed generously to worthwhile causes. He gave huge amounts of cash to the the St. Vincent Sanitarium, the nationalist Garvey Movement, and he funded prizes for Opportunity Magazine’s literary awards, which discovered much of Harlem’s young talent. Holstein built dormitories at black colleges, and he financed many of Harlem’s artists, writers and poets. He also helped start a Baptist school in Liberia and he established a hurricane relief fund for his native Virgin Islands. The New York Times said that Holstein was, “Harlem’s favorite hero, because of his wealth, his sporting proclivities and his philanthropies among the people of his race.”

Seeing how Holstein and Stephanie St. Clair had turned Harlem into a financial bonanza due to their numbers rackets, gangster Dutch Schultz barged in and took over their games. Just like that. Schultz had big politicians, including the disgraced Jimmy Himes in his back pocket. Schultz also bought off the cops, and killed black numbers runners in droves. Schultz eventually forced St. Clair to work for him, but Holstein refused Schultz’ offers to consolidate their number rackets.

In 1928, Holstein was kidnapped for $50,000 ransom, by five white gangsters, whom were presumed by the Harlem public to be goons sent by Schultz. The news of Holstein’s kidnapping made national headlines. The New York Times reported that Holstein had been seen at Belmont Racetrack just days before his abduction, betting more that $30,000 on the ponies. Holstein was released after three days in custody, insisting he had paid no ransom. His explanation was that his captors had felt sorry for him and had released him with $3 cab fare.

Yet Holstein’s tale carried little weight, when he soon cut down on his policy activities. A few years later, Holstein completely stopped his street operations and operated only as a lay-off better. In 1935, despite the fact that he was barely in the game, Holstein was arrested for illegal gambling. He was tried and convicted, and spent one year in prison. Holstein claimed he was framed, possibly by Schultz, but he did his time in jail uneventfully. When he was released from prison, Holstein got involved in the real estate business, and he provided mortgages for people in Harlem, whom the regular banks shunned.

Casper Holstein died on April 5, 1944, at the age of 68. More than 2,000 people attended his funeral at Harlem’s Memorial Baptist Church. A scholarship at the University of the Virgin Islands and a housing development in St. Croix are named in Holstein’s memory.

Becoming a Spread Betting Millionaire

Most people often have dreams of becoming a millionaire and having more money than they know what to do with. But the problems there is that very few people know exactly how they may become millionaires and therein lays the biggest obstacle towards achieving the millions that you dream of making. You could always start a computer firm of your own and do what Bill Gates id; you can make your own computer company like Steve Jobs or become a business man like The Donald. But really, what are the chances of that happening to people right? But there are other ways that you can become a millionaire. If these things seem to be out of reach for you, why not try to earn millions through spread betting? You can get rich spread trading you know but it will not happen overnight and not without a lot of effort on your part.

Frankly speaking, anyone can have the chance to make millions from spread betting alone. But you will really need a huge dose of discipline and a lot of patience of course, and you will need money to spend on your wagers. Oh there are always people who lose in spread bets and the fact that there are still plenty of bookmakers out there proves the point that more people lose money in the spread bets then those that actually win. But by trading financial derivatives remains to be one way that you can make huge profits in a short amount of time.

If you want to become a millionaire spread trading trader, you must know what is causing the move in the underlying prices. There really is a very wide selection of things that you may place spread bets on but you should really stick with the ones that you are familiar with so you have better chances of correctly predicting where the prices will be going. Also, you should make sure that you out a lot of concentration on not losing money since often times, by concentrating on not losing money on your wagers, you end up having more money. Remember that the best way to make money is to not lose too much of it. This is when your research about trading will come in handy so you will a better idea on how to manage your money better which trains you to never bet more money than you can afford to lose.

Great Record Keeping Leads to Horse Racing Handicapping Success

Do you cringe when you see horseplayers toss their non-winning tickets on the ground at the track or on the floor of the Off Track Betting (OTB) parlor? You should. Good record keeping in any endeavor leads to success. This not only applies to your cash management, but your handicapping as well.

The Tax Man Cometh

Your tickets are the basis for good record keeping both for cash management purposes as well as handicapping. According to the Internal Revenue Service (IRS), “Gambling income includes, but is not limited to, winnings from lotteries, raffles, horse races, and casinos. It includes cash winnings and also the fair market value of prizes such as cars and trips.”

A winning ticket over $600 (USD) requires the track or OTB to forward your information to the IRS. Commonly called a “signer” in horseplayer parlance, the track has you fill out a form with all the pertinent information required by the IRS and in turn you receive a “W-2G” from the payer. Should your handicapping lead to this kind of success, it is very important to save your losing tickets. You can then offset your winnings.

In order to offset your winnings you must claim your full winnings on line 21 on IRS form 1040 (2009) and then deduct your losses on IRS form 1040, schedule A. Your losses claimed cannot exceed your total winnings. However to do so you must have accurate back-up records. Again, according to the IRS, these records must include date and type of wager, name and address or location of gambling venue, amount won or lost, and believe it or not, the names of the people with you. Those tickets contain most of this information, which is why they are so important.

Record Keeping for Handicapping Success

Those tickets are important as are the notations you make on your past performance sheets for each race. Utilizing this combined information can lead you to further handicapping success. It enables you to see what type of race (conditions) you handicap the best. With accurate record keeping you can go back and examine what wagering angles you are good at and what you missed in certain types of races. More importantly, you can evaluate your overall handicapping statistics. Great records that help you analyze race-by-race, conditions by conditions, distance-by-distance, trainers and jockeys, and wagering interests (horses) give you a superb review of your strengths and weaknesses in your handicapping. Careful notations of key horse performances help you identify those that are improving which in turn helps you make a great choice next time out.

Great record keeping will lead you to handicapping success and keep the taxman from muddying up your day. Start now. Begin your journey to handicapping success.

Poker and the Stock Market

I was out of town this weekend in Southern NJ, Atlantic City to be exact. After finishing my business at the convention center, I traveled back to the newest casino, the Borgata where I was staying for the night. I don’t consider myself a gambler and have never enjoyed losing money at the tables. When I do gamble, my preferred games have always been craps and blackjack. Until recently, I had never played at a poker table in a casino environment but I enjoy the game of poker and have only played in backyard and basement games with old buddies. Many people consider the game of poker pure luck but this is not an accurate observation. Many factors run parallel with the game of poker and the game of stock market investing. Luck may play a part but rules, odds and money management are the largest components of the two entities.

When investing in the stock market, it is essential to have a sound set of rules or a system that has been tested in real time, no back testing or historical testing needed. After the system has been tested, the investor needs to follow rules in order to preserve capital and cut losses. The investor must also consider the odds of his/her stock making a gain or making a loss. Price objectives and targets should be a large part of every investor’s system. With proper money management and calculated expectancy, the investor should aim to trade only in situations where the odds are in his/her favor. In a strong bull market, it may not be wise to start shorting many stocks; the odds of making a big gain with this strategy could be very low. Another major component that works its way into investing is psychology and/or human emotion. Stocks are made up of human character traits, similar to the type of people that own them. Some stocks are risky and volatile while other stocks are conservative and predictable. The market repeats cycles and specific chart patterns because humans repeat their actions and character tendencies.

Now, back to the poker table; as I sat down and started to play, my first goal was to become familiar with the character traits of the players around me. With 10 players at the table, I had plenty of time to evaluate the people I was playing with, without risking a great deal of money. After several rounds of play, I was aware that the gentleman to my right would only bet high odd hands and would fold every other hand. He was very edgy and nervous and folded his cards with force when he was angry. The gentleman to the left would also play hands with high odds but I did see him call bets with some hands that were risky with lower odds. One gentleman across the table was the bluffer and always had a smirk on his face with a pair of dark glasses. I challenged this man on several occasions and paid to see his cards because I felt he had nothing. More times than not, I was right and still beat him with an average hand. I could go on but you understand the point I am trying to make: all poker players and investors bring their emotions to the table.

I won’t get into the exact rules of playing poker but I can tell you that only two players are required to bet per round while the other eight can view their first two cards without risking a cent. My game of choice is Texas Hold’em, the current craze across the country and one that excites me when I am in the environment. The two players required to bet represent the big and small blinds. If you are the dealer or anoy other players at the table, you can view your first two cards for free without an bet. If the hand is weak, you can fold and keep your gambling stake.

Here is where it gets interesting; if I have a decent hand, I can decide to call the larger blind and see the next three cards on the flop, which is still a low risk investment. If the flop doesn’t provide me with the cards I need, I can immediately cut my losses short by folding and wait for the next game. The same is true in investing; I can cut a loss short and wait for the next opportunity without risking the farm if I realize an immediate loss. If the cards are good and my probabilities of winning the hand are high, I can call the bet or raise the bet. A fourth and fifth card (the turn and the river) are placed on the table after the flop and betting continues with each round. Again, I can decide if I would like to call, raise or cut my losses short. The connection I am trying to make with investing in the stock market and playing poker relates directly to cutting losses short (capital preservation and money management) and my odds of winning the game (in the stock market this could be called expectancy).

In my opinion, the best game to play at the casino is $1-$2 no limit style. This means that the blinds are held to a minimum and it will only cost you a couple of dollars to see the flop in many cases. The “no-limit” aspect allows your upside potential to be unlimited which carries through to investing. If you cut losses short and ride your winner, the up-side potential in investing can also be unlimited, especially when using options (but that is for another discussion). Last night, I could see my first two cards for free, eight out of every ten hands and I could fold if they were no good. If they were good, I put money on the table after my idea. In the real world, the world of stock investing, you should always put money after your best ideas. The ensuing gain or loss will tell you if you are right. Again, for the umpteenth time in this article, the most important part of both games is cutting losses short and moving on without mixing emotions into the decisions.

All investors and poker players bring emotions to the table, some people control them better while other people employ better systems and understand the odds on a higher level. The bottom line is to understand the situation around you and to use a sound system to raise your odds. Never bet a hand that represents a low chance of winning and never ride a loss that could multiply overnight. Cut losses short and get out of the game and wait for the next opportunity because they are always around the corner.

Is Technology a Bringer of Great Promise or Great Peril?

The pace of change continuously astounds and bewilders me. I just about remember horses pulling coal carts as a kid and now we’re developing driverless cars. The Internet of Things will be part of our daily life soon and humankind seems to be losing the ability to stand up straight already. How long will it be before we start resembling bananas more than apes with a pronounced curve of the spine and neck from staring down at mobiles?

Mobile Phone Addiction

We’re in the Fourth Industrial Revolution

According to the World Economic Forum, we’re now in the Fourth Industrial Revolution. We’ve already lived through an immense amount of change and who knows what is round the corner. The ever rising march of Artificial Intelligence (AI) shows great promise in many fields for the future but it is also highly controversial and multi-faceted.

Even Elon Musk, the ‘Thomas Edison of the 21st century’ has serious doubts about what we are creating for ourselves. The serial entrepreneur who has had a hand in all types of technology from electric cars, rockets, Paypal, Hyperloop, solar power systems, electric jets to digital technology. The man who is famous for his plans to colonise Mars, further DNA sequencing to identify cures for diseases and viable fusion to create energy for us all for ever.

Mars colonisation

A man who is a bringer of great promise. However Musk also predicts that ‘robots will be able to do everything better than us’ and they will ‘take your jobs, and government will have to pay your wage’. He also believes that we should be very concerned and proactively regulate Artificial Intelligence as it is a ‘risk to the existence of human civilization’ in a way that risks we commonly deal with now are only harmful to a set of individuals in society.

In contrast Mark Zuckerberg, the equally famous entrepreneur of Facebook is more optimistic saying that artificial intelligence will improve life in the future and that naysayers are irresponsible.

Is technology the bringer of great promise?

The positives of AI are certainly immense

“For people with a disability, the Fourth Industrial Revolution will give us super powers”

Birgit Skarstein, Double paralympic athlete and World Rowing Champion, Norway

“Imagine a robot capable of treating Ebola patients or cleaning up nuclear waste.”

Dileep George, artificial intelligence and neuroscience researcher

“Any skilled engineer can take control remotely of any connected ‘thing’. Society has not yet realized the incredible scenarios this capability creates.”

André Kudelski, Chairman and CEO of Kudelski Group

Artificial Intelligence (AI) is already playing a massive role in health care and some believe that there is an AI Healthcare ‘tsunami coming’ that will benefit all. Data currently has the biggest part to play in healthcare providing the chance to revolutionise current healthcare systems.

AI Nurse

Google’s Deepmind Health project mines medical records to provide faster and more detailed records.

IBM Watson is working with oncologists to create treatment plans using data from clinical notes and combining that with research, data and clinical expertise. IBM’s Medical Sieve algorithm analyses radiology images to detect issues faster and more reliably.

The new Babylon app hopes to decrease doctors waiting times by giving medical AI consultations combining a person’s medical history, medical knowledge and a database of diseases using speech recognition. It can also remind patients to take their medication.

Molly is a new virtual nurse which supports patients with chronic diseases in between doctor’s visits.

AiCure checks if patients are taking their medicine and helps them manage their conditions.

Deep Genomics looks for mutations and linkages to disease using genetic and medical data and hopes to predict what will happen when DNA is altered.

Human Longevity offers genome sequencing alongside body scans and checkups to spot diseases in their very early stages.

Atomwise use AI to find existing drugs that could be used for other conditions, therefore, speeding up and reducing costs and potentially avoiding future pandemics.

Berg Health mines data to analyse why some people are insusceptible to certain diseases to help current treatments and discover new drugs.

The future certainly looks bright – but have you started to notice the changes in everyday life that are already impacting our lives?

Is technology the bringer of great peril?

“You cannot wait until a house burns down to buy fire insurance on it. We cannot wait until there are massive dislocations in our society to prepare for the Fourth Industrial Revolution.”

Robert J. Shiller, 2013 Nobel laureate in economics, Yale University

Throughout the globe transportation, communication and education have all improved through high tech. With every improvement, however, there are negative consequences such as resource depletion, increased population and pollution.

In our more mundane everyday activities digital technology is already changing our lives. Many of us are already suffering from distraction, narcissism, expectation of instant gratification, depression, depleted vision and hearing, neck strain and lack of sleep. The National Sleep Foundation found 95% of people when surveyed used electronic devices before sleep and this can cause issues for our overall wellbeing.

We are becoming less dependent now on our memory and more on Google but often feeling that we’re suffering from information overload. If we don’t ‘use our brains’ will we lose our capability to think effectively? Or will we adapt in a different way?

When examining brain scans of frequent internet and mobile users vs occasional users there was twice as much activity in the short term memory and quick decision making area. We are learning to skim where there is too much information. Does that mean that we are becoming shallow thinkers or does it mean our ability to decipher information is actually becoming more efficient?

Technology will affect our jobs

I attended a LinkedIn conference recently on the use of insight and data in recruitment and the potential for AI.

The recruitment landscape is changing rapidly and the McKinsey Global Institute estimates that 46% of the activities in Europe’s top five economies are already susceptible to automation – not in the near future, but right now.

This will affect all of us in some way and we need to be prepared for the shift towards even more hi tech based skills. There aren’t enough key digital workers or software developers already in many countries and this situation will only be exacerbated as the years go by. We may need a future full of coders or at the very least software that professionals can use that removes the need to code.

It wasn’t the AI potential or recruitment issues that grabbed my attention at the conference, however. It was a speech by Baroness Sarah Greenfield, a leading neurologist.

How neuroscientists see our future

Sarah used her neuroscience background to look at what could be happening to many of us in the modern digital age. She thinks that with so many of us obsessed with social media, search engines, mobile apps and gaming that we are actually losing our identity as human beings. We are lacking the enriched environment that creates increased neural connections in the brain and that the average person in the future may behave more like a 3 year old. That alarmist sentence certainly grabbed my attention.

She likened the lack of an interesting life full of different experiences to that of someone with Dementia where someone loses brain connections and doesn’t have a frame of reference (rather like a small child). In other words, their identity is missing, they have short attention spans and demand that needs be satisfied instantly.

Social Networking issues

With conversations taking place more online and less so face-to-face with no opportunity for eye contact or emotions, the true sense of someone’s identity could be slowly eroded. Words are normally only 10% of the total impact of a face-to-face conversation. Are we lacking 90% of normal interaction on Social Media? Do we rely on emojis to perceive emotion now?

Gambling

Gaming rather than reading

Sarah stated that the move away from reading to video game playing was concerning. Reading allows you to have a deep ‘relationship’ with the characters where you become the character in a way that isn’t really possible in video games.

Are gamers similar to gamblers?

Sarah showed us brain scans of gamers vs gamblers and how the Dopamine pathways were very similar and that damaged dopamine can lead to taking greater risks. The thrill of the moment when playing a game or gambling can override the consequences with the senses overtaking cognitive thought. Is our use of social media, the internet and apps reducing us to a society who is constantly craving stimulation, trying to achieve a Dopamine high, only living in the here and now and being driven by our feelings rather than serious thought?

I considered the level of gaming, social media and relentless Google searching via mobile throughout my family and pondered the consequences.

I can already see my children and all of their friends being taken over by gaming. They don’t talk about much else and seem to be totally ruled by it. Then my own usage is much higher than I would like. I work with Social Media and it is hard to avoid but I am certainly far too dependent on it.

I started delving into whether Sarah Greenfield’s comments are absolutely on the button. The scientific community have issues with some of her statements which need more proof rather than just hypothesis So I looked for further evidence as I’m sure that much of this is true to a certain extent as I see it every day with people stumbling through life joined to their mobiles and children not going out to play in the way they used to.

Facebook likes

So many of us use Facebook. The ‘Like’ button is acknowledged to be the same as receiving a little reward. Users gamble when they do something on Facebook – will we get a Like or be ignored? We’re all subconsciously looking for positive feedback and confirmation, and yes it is addictive. Social Media has become a digital drug that has taken over our culture.

And does heavy Social Media usage actually make you feel good? A study in the Journal of Social and Clinical Psychology found that Facebook and depressive symptoms go hand in hand. “Social comparison” is what links Facebook time and depressive symptoms together. Thinking that your friends are having a better time than you. It suggests that users need to post a balance of good and bad. I’ve been sucked in by this but on reflection if I’m having a great time I’m not thinking of Facebook. I see people at gigs filming the whole night but feel that they’re actually missing the chance to immerse themselves in the atmosphere (whilst I’m dancing like a woman possessed)

It’s not just Social Media, however – there’s the apps. I hang my head in shame at using Candy Crush as a Mum gamer years ago. But it didn’t stop there – I became a master of Sim City and then Fallout Shelter and realised I had better stop when my kids started asking me for mobile app tips #parentingfail. I watch Netflix on my mobile in the bath, I’m always checking Social Media for work and communicating with people in sports/community groups that I need to be on top of. It’s a mixture of positive and negative – I am reminded of what I need to do, could be doing, should be doing – but its constant. I even get mobile app reminders telling me to meditate! Oh the irony.

Tired mobile

Scott Levin, a Director of the US Family Medicine Residency Program, thinks that parents are so focused on their children’s screen time that they forget about their own usage. “If we’re not aware, as parents, of what we’re modeling for our kids, then there are high prices to pay”.

69% of parents and 78% of teens check their mobiles at least hourly.

(Common Sense Media)

So why do we get so drawn into games and mobile apps? Even Mums? I even know a Grandmother who played Candy Crush throughout the night.

Game designers call it ‘juice’ – the feedback or reward that you get from playing a game. Candy Crush plays sounds, flashes brightly and praises you in a strangely deep voice and apparently we like that – a bit much.

Juice is intended to join the gaming and real worlds together. The opportunities for Juice in virtual reality (VR) technology are even greater where the user is in an immersive environment and the juice might even be multisensory soon to include touch, hearing and smell.

Is the future of some of us going to be one of a VR life rather than a real one? If the VR life appears better than your own will users start removing themselves from normal society and living in this VR world?

Can gaming really be addictive?

Researchers have studied the psychological rewards of video games vs gambling vs drug use for over 20 years. They’ve compared the brain’s dopamine pathway (the pleasure part) but we still don’t know whether uncontrollable video game playing is an addiction on its own terms or just a symptom of deeper problems such as depression or anxiety.

New technologies are often blamed for compulsive behaviour when depression and social anxiety are the true culprits. “When you don’t know how to fix that and create opportunities for yourself, you feel helpless. Why not play video games?” (Video Game Researcher, Nick Yee)

What can we do to prevent digital technology impacting our lives negatively?

Sarah Greenfield recommends that we apply a little risk management to our lives and ensure that we are living real lives and not just digital ones. Her advice probably resonates with most as it is standard advice given by mothers throughout recent times. But it is probably more important now than ever.

Go and exercise

– make new brain cells, give yourself time to free your mind

Interact with nature

Sit down and share a meal with someone

– talk to them – share stories and experiences

Do something creative

– be an individual!

Cycling

Harness your individuality and don’t miss out on real life

The UK is known for its creative industries and if we allow our creativity to slide and become an unthinking population of 3 year olds what do we have left?

Is this absolutely true for everyone? How do you become a brilliantly creative games designer without being fairly gaming obsessed? Are our software developers all devoid of cognitive thought? Of course not.

Our world is changing, and our brains are adapting to that new world. Good analysis and research looking at the co-evolution of mind and society can only be a good thing.

Is technology a bringer of great promise or great peril?

It seems to be both but it doesn’t have to be that way. We can reduce the potential peril by researching the effect digital technology is having and taking steps to counteract it. We can put heavy checks and balances into what is being developed and how. The overarching concern may be whether that will happen if the real power behind society lies with the huge technology companies.

The MIT BlackJack Story

Whether you read the book, Bringing Down the House (written by Ben Mzrich, or seen the movie “21” produced by and acted in Kevin Spacey and Jim Sturgess you’ve likely heard of the MIT Team. Without ruining the book or movie we will discuss some of the happenings at the MIT and Harvard Universities.

It was well known in the mid to late 70’s that MIT had a group of mathematicians, scientists, and human behavior students that decided to take a stab at busting Vegas. There were various groups at both schools, and they competed against one another.

The groups dissipated in the early 80’s with a couple from each team joining forces with a man named Bill Kaplan, he had created a team that was somewhat successful, but soon burned out.

Another guy named JP Massar also known as Mr. M. was deeply involved with the blackjack. He soon joined forces with Bill Kaplan as his team was struggling with different counting techniques and inappropriate betting etc. Massar met up with Kaplan and asked for his opinion on what his team was doing wrong.

Kaplan broke down what the problem was and agreed to create a new team, but the team would need to follow his guidelines. He and Massar played and created the first ‘Bank” of the team. It wasn’t long the team was making between $150-$170 per hour.

Obviously they needed to remain somewhat inconspicuous so they recruited new players as necessary. By the late 80’s they had 30 players involved. The book Busting Vegas better describes the story, whereas the movie ’21’ and the book Bringing Down the House sticks with certain individuals involved.

The story in the movie is also Hollywood-ized as there are some aspects that did not happen. The team really took off in the early 90’s making anywhere from $100,000-$500,000 per trip. The select group began changing their appearances in order to avoid detection.

The main group consisted of Jeff Ma, John Chang, Mike Aponte, Jane Willis, and Laurie Tsao. Once the group hit the tables, each member had a role. Some would be the high rollers, others the degenerate lowlife, the bimbo etc.

Each member had a specific responsibility; they were a signaler, bettor or monitor. Signals included brushing hair out of their face to signal a hot shoe, or leaving for the restroom if things were cold. They also used code words that represented the count, Pool for +8 (eight ball), +9 was Cats (nine lives) etc.

The team or select members were soon figured out, and the rest is history, as casinos began changing the rules adding more decks, using cutoffs etc. The group certainly made millions, and today each has their own story to tell.

Some facts and myths

-None of the team were every beaten up

-Jeff Ma was not spending is tuition at the tables he came from a well to do family

– The group was not all from MIT

-They did not use strippers to cash out money for them.