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On Tue, 17 Jun 2008 13:52:44 -0700, Darren New wrote:
> Jim Henderson wrote:
>> Or any game, really, that's rigged so the house wins most of the time.
>
> Same thing applies, tho. I win most of the time. I lose bigger, but I
> win most of the time.
Depends on the game. I can manage to win pretty consistently at
blackjack regardless of whether I win individual hands or not - with
enough money, that's easy to do using a simple geometric progression and
some restraint to "stick to the plan". But if I put the idea into
practice in Las Vegas, I'd probably end up banned from the casinos if I
won too much. The house doesn't like to lose, and they don't like when
people who understand how to turn the odds in their favour show up and
provide a real-world demonstration that it is in fact possible.
Even still, if you're careful, you can manage to do this and not get
caught at it - changing tables or casinos frequently makes it very
difficult for them to track a pattern. Not following the geometric
progression exactly also helps make it less obvious.
Some games are rigged closely enough to 50/50 odds that most people don't
think about the fact that they're not. Roulette is one like that; IIRC,
your odds of winning are not 50% but 47%.
> Losing $1 just doesn't hurt as much as losing $1,000,000. It's not all
> the numbers in the game. It's also the numbers outside the game.
True.
Jim
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