Loose Change

[SmootSmack]

Have you ever heard of the Monte Carlo Fallacy?

[jsarno]

Originally Posted by SmootSmack

Have you ever heard of the Monte Carlo Fallacy?

Alright, this will be my last comment here on this.
1- Yes I have...it stems from back in the early 1900's in Monte Carlo where a supposedly "legit" stastical anomoly occured where red or black (can't remember which) hit like 26 times in a row. But the difference between me and most is that I understand it is possible, and I have mentioned before that nothing is 100% certain. I go by the odds, and play the odds when they are in my favor, not when they are not. Have I lost some battles? Absolutely, but never lost a war.
2- Why in the world do people care, and care to comment on things they haven't even tried? It's shocking really. Is it cause people here just like to argue? It's like males commenting on what it's like to give birth.

Again, no one has to beleive, and I am not forcing my facts / statistical proof on anyone, so it's time to move on.

[SmootSmack]

Originally Posted by jsarno

Alright, this will be my last comment here on this.
1- Yes I have...it stems from back in the early 1900's in Monte Carlo where a supposedly "legit" stastical anomoly occured where red or black (can't remember which) hit like 26 times in a row. But the difference between me and most is that I understand it is possible, and I have mentioned before that nothing is 100% certain. I go by the odds, and play the odds when they are in my favor, not when they are not. Have I lost some battles? Absolutely, but never lost a war.
2- Why in the world do people care, and care to comment on things they haven't even tried? It's shocking really. Is it cause people here just like to argue? It's like males commenting on what it's like to give birth.

Again, no one has to beleive, and I am not forcing my facts / statistical proof on anyone, so it's time to move on.

1. But doesn't the Monte Carlo Fallacy essentially refute the notion that "after black has hit 3 times in a row, it is statistically higher than 50/50 that red will hit"?

2. Just trying to find out more about your method. Sorry that I'm not rushing out to a casino right now to try it and get back to you.

[jsarno]

Originally Posted by SmootSmack

1. But doesn't the Monte Carlo Fallacy essentially refute the notion that "after black has hit 3 times in a row, it is statistically higher than 50/50 that red will hit"?

2. Just trying to find out more about your method. Sorry that I'm not rushing out to a casino right now to try it and get back to you.

I will comment via PM.