Loose Change

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Schneed10
02-18-2008, 11:05 AM
The reason jsarno won't fully discuss his system publicly is because he's not confident enough in it himself to go out and make a living by using it.

Simple logic:

Per jsarno, the system works over the long haul. You may lose battles, but you'll win wars.

Therefore, over the long haul, there is no risk. You will win in the long term.

So if there's no risk, why not quit the job you were complaining about a few months ago when considering moving to Denver, and just use your system in Vegas to get extraordinarily rich, and retire to do whatever floats your boat?

There's a reason people spend the time writing a book about these things. It's easier to dupe uneducated morons into believing in gambling systems than it is to get one to actually work, in the long haul, by yourself.

In my opinion, writing a book on the matter, trying to convince people it works, is unethical (unless you really are dumb enough to ignore the laws of statistics and actually buy into it, but given that you have an MBA you have been through stat classes, so either you flunked that class or you're just flat out unethical). That's why I'm so critical of you. What you're doing with the book is flat out wrong.

FRPLG
02-18-2008, 11:20 AM
We aen't really talking about stats. We are talking about statistical/mathimatical laws. Many of these laws are pretty obvious, at least I thought they were.

1+1 = 2 I doubt many would argue that

Given a coin with two sides there are only 2 outcomes and each is just as likely.

I think jsarno believes there is some more cosmic and karmic forces at work. Please correct me if I am wrong.

hooskins
02-18-2008, 12:18 PM
Total thread hijack, but I dont think jsnaro believes there is some kind of karma.

he is adamant that his system works based ON stat and math. I really want to see how this book will refute basic statistics/logic.

SmootSmack
02-18-2008, 12:33 PM
Total thread hijack, but I dont think jsnaro believes there is some kind of karma.

he is adamant that his system works based ON stat and math. I really want to see how this book will refute basic statistics/logic.

karma is definitely involved, he's says as much if you scroll back a few posts

Schneed10
02-18-2008, 12:36 PM
Total thread hijack, but I dont think jsnaro believes there is some kind of karma.

he is adamant that his system works based ON stat and math. I really want to see how this book will refute basic statistics/logic.

Actually I think FRPLG is right, thinking back to the last time we talked about this, jsarno said something insane about "the universe tending to even itself out" or some such nonsense. He thinks it's that cosmic force that actually increases the probabilities of red and black at different times.

:yeahright

jamf
02-18-2008, 12:38 PM
Whats the probability of it landing on its side? ;)
In roulette, The equivalent is landing on a Zero or Double Zero.
The odds are 1 and 37 in doing so.

Schneed10
02-18-2008, 12:46 PM
In roulette, The equivalent is landing on a Zero or Double Zero.
The odds are 1 and 37 in doing so.

And therein lies the house's advantage that is impossible to beat.

To play any single number on the board, you have a one in 37 chance of hitting it (one in 38 if the wheel has 0 and 00). But if you hit it, you only get paid 36 times your bet.

That's why you lose in the long run. Inevitably. Without fail. Go ahead, make a random number generator in excel, from one to 37. Try it out.

Monkeydad
02-18-2008, 01:15 PM
How is this not locked yet? :D

JGisLordOfTheRings
02-18-2008, 02:25 PM
How is this not locked yet? :D

Because we're still discussing loose change here! lol

drew54
02-18-2008, 02:35 PM
Drew, help me out here. Am I not trying to restore some sense of civility here?


After seeing where this thing was headed, I checked out. I just cannot handle all of the Warpath on Warpath crime.

Glad to see that this didn't end as badly as it once was.

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