What Can We Learn From Expert Gamblers?: Dylan Evans at TEDxWestlake

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TEDxWestlake – July 12, 2012

Our first TEDxWestlake explored the accelerating change in the world around us. This change is largely driven by the power of the digital infrastructure built over the last few decades. William Gibson has remarked: “The future is already here — it’s just unevenly distributed.” While we can’t predict the future, we tried to uncover and mine some of these veins.

We were lucky to have speakers from a wide array of disciplines, from kinetic art to philosophy to hybrid social ventures, to come share their stories with our audience of business students and innovators, and help us wonder about what might lie ahead.

Dylan Evans is the founder of Projection Point, the global leader in risk intelligence solutions. He has written several popular science books, including Risk Intelligence: How to Live with Uncertainty (Free Press, 2012) and Emotion: The Science of Sentiment (Oxford University Press, 2001). He received a PhD in Philosophy from the London School of Economics in 2000, and has held academic appointments at King’s College London, the University of Bath, the University of the West of England, and the American University of Beirut.

In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.

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What Can We Learn From Expert Gamblers?: Dylan Evans at TEDxWestlake

10 thoughts on “What Can We Learn From Expert Gamblers?: Dylan Evans at TEDxWestlake

  1. 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.

  2. 🙁 Hmmm… can't reach this pagewww.projectionpoint.com’s server IP address could not be found.
    Search Bing for projectionpoint

  3. 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 🙂

  4. He started out talking abuout Expert Gamblers, but finished with a 4-year study of 30 random, addicted horse race degenerates, many of which calculate the chances of winning in their head. This is called race handicapping, which every horse player (or dog racing player) does on a daily basis. They are FAR from expert gamblers. After inputting all the information on past performance, they come up with the SAME odds of winning as is on the tote board just before the race starts. No advantage is gained that way – NONE.

    Secondly, blackjack players only gain an advantage if they count cards. And casinos are wise to them and ban them from the casino. Otherwise, they are the same as slot or roulette players – the house advantage will eat them alive. Again, they are then NOT experts in blackjack no matter how well they know how to play. The rules of the game guarantee casinos win in the long haul.

    Thirdly, expert poker players are the only true experts in their field. Reading other players is a skill based on the past experiences they have around betting patterns and player tendencies. They can still lose based on luck, but they have a much greater chance of success. They feast on the bad players they face.

  5. I asked this hot chick out because my risk intelligence was 80%. She told me to go F myself!

  6. What a pointless speech. And the website referred to doesn't work because the speaker cannot afford to keep it running. Very disappointed.

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