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To: new cruelty
At first I thought you were joking. Two points: one, each spin is an independent variable, not related to past performance; two, for a “double down” strategy to mathematically zero out, you need a capacity to place bets at least as great as the capacity of the casino.

I have a theory that these mathematical “slight of hand” betting schemes are really promulgated by casinos (many through ghost authors) to encourage participation by the non-mathematically trained.

Here is a simple rule: you can’t change the odds by a betting scheme. Counting cards may work because the counting of the cards (not the betting scheme) may change the odds.

The “stat” in “stat-boy” stands for statistician. I dated my wife while I was in graduate school, and one nickname she had for me was “Stat-boy”.
134 posted on 01/08/2004 12:28:56 PM PST by Stat-boy
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To: Stat-boy; sharkhawk; SB00
Thanks for the valuable insight.

I'm going to Atlantic City soon. I'll still give the Martingdale system a try.

Thakns again!
162 posted on 01/08/2004 3:22:20 PM PST by new cruelty ("But there are also unknown unknowns — the ones we don't know we don't know." You know?)
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