Comments | greenschmoodle: Alright, I admit it...

greenschmoodle

Alright, I admit it...

Jan 10, 2010 03:07

( ...sometimes, I open my junkmail. )

junkmail, roulette

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toddpage January 10 2010, 22:18:08 UTC

ummm
wow.

yeah.

that plan is.. foolproof?

greenschmoodle January 10 2010, 23:00:53 UTC

Right? I should go and try it now, with all the money I have. It's bound to work, right?

toddpage January 10 2010, 23:03:45 UTC

I worked as a developer for an online casino

I have heard and seen every theory.

they are ALWAYS amusing in the major detail they miss.

greenschmoodle January 10 2010, 23:06:15 UTC

Which is?

toddpage January 10 2010, 23:10:33 UTC

the math is pretty basic, the statistics are aligned so that you are more likely to lose.

so in the above example, eventually you are going to get to the point where you need to bet $1000 to get your money back, if you win that one.

it sounds logical until you bring exponents into the situation.

greenschmoodle January 10 2010, 23:12:29 UTC

You lost me at "the math." ;) This is why when I gamble(actual) I place so that I'm sure to win my money back. Nothing more. Sure, I don't win much(if anything) but I can spend four hours at the roulette table and be maybe 20(plus or minus) different than when I started. And have fun.

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