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How to use luck as a multiplier

The formula for success

Most anytime someone is talking about luck it catches my attention. As a casino guy for much of my life, luck has always been a topic that gets its fair share of the focus.

I was reading through my Aeon feed the other day and this 5 min video titled Science doesn't rely on luck, but success in science can't-do without it was making a case for luck in science. From the way I read the research information, their findings can also be used in most of our everyday endeavors toward success.

The Video Summary: Success is a complex function of ability, productivity, and luck.

There are rules to luck, not everything is chance to the wise; luck can be helped by skill.

- Baltasar Gracián​

Here's the formula that the researchers came up with to predict success.

C = P x Q

Impact = luck * individual ability

The provided recipe for success is an interesting way of looking at luck's part to play, and I find it to be true in my gaming experiences. The luckiest players are always the ones that are bellied up to the table. Just as the luckiest fishermen are the ones that have their line in the water and the luckiest golfers are the ones that are always hitting the ball towards the hole.

Remember Louis Pasteur's famous quote "Fortune favours the prepared mind."? Luck turns out to be the multiplier you need to jump forward when building your talent stack over time. Luck makes the difference when combined with your individual talents, and when you combine your skills with time, you'll be the one who benefits from the multiplication factor of luck.

You never know what the next roll of the dice will produce, so be ready to take advantage when luck might look your way.

Craig Ball - The Spinwit Blog

Business Consultant
Local HS Football Coach
Business and Technology Teacher
Executive Director of Colorado's 8-Man All-State Game
Early Colorado Gaming Industry Organizer and License holder.

Location

Black Hawk, Colorado is an old gambling town just west of Golden on North Clear Creek at 8,000 feet of elevation. Legalized Casino Gambling was reinstated on October 1st, 1991.

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Craig Ball is an MBA student at the University of Illinois, a football coach, teacher, and former casino owner in the Gaming District. This site is used for sharing information about what I'm reading /writing on topics like education, coaching, and casino gambling.

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Instagram: @thecoachball

Twitter: @spinwit

LinkedIn: @csball

Email: craig@spinwit.com

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