Thread: Loose Change
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Old 02-17-2008, 04:27 PM   #145
GTripp0012
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Join Date: Mar 2006
Location: Evanston, IL
Age: 38
Posts: 15,994
Re: Loose Change

Quote:
Originally Posted by jsarno View Post
LOL...there are other things in life besides statistical facts...even statistics tell you that.
The massive amount of winnings everyone has won off my system speaks all the proof it needs to speak. You don't have to beleive it, that's your right, just doesn't make it any less true and effective.
Don't get caught in the "it worked before so it has to work in the future" vortex. That's where 90% of bad football analysis, and 100% of Vince Young's defenders come from.

There are some principles in your system, like moderation and the law of averages that affect how people will make and lose money, and if they are smart enough to realize that you can "quit while you are ahead".

None of that changes the fact that you can't alter statistical probabilities, your system is basically just trying to maximize the value of good luck--which can't succeed unless the player is aware of the statistical improbability that the luck run will continue.
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