Loose Change

[SmootSmack]

Originally Posted by jsarno

Really don't care how I appear, my wallet is much fatter for it...like I said, that's all the proof I need.

ps- My buddy, a DR. just won $750 using my method. I guess he's pretty uneducated too. hahaha

what's a DR?

[jsarno]

Originally Posted by SmootSmack

what's a DR?

Doctor.

[hooskins]

Originally Posted by Schneed10

Yeah, jsarno, you're dead wrong on the red and black thing. You're basically saying that if you flip a coin and it lands on heads 3 times in a row, then it's more than 50% likely to land on tails during the next flip.

That's flat out incorrect. Events that happened in the past are exactly that, in the past. They do nothing to change the probabilities of future outcomes.

Your stance makes you appear uneducated.

Sorry jsarno, but I would agree with Schneed here. I mean I have extensively studied statistics and gambling "techniques" are constantly disproved, starting at the 101 level.

I also done quite a bit of econometrics too. I am not trying to get into an argument about who is qualified, just want to let you know I have been educated in these fields. Last time I tried to let people know I was ripped a new one...thanks Schneed

[SmootSmack]

You know what's funny? First this thread was about the 9/11 mockumentary "Loose Change"

And now (after being hijacked multiple times) it's about gambling strategies in Vegas...so I guess it's still about Loose Change

[JGisLordOfTheRings]

Originally Posted by SmootSmack

You know what's funny? First this thread was about the 9/11 mockumentary "Loose Change"

And now (after being hijacked multiple times) it's about gambling strategies in Vegas...so I guess it's still about Loose Change

HAHAHA....at least it stayed on topic!

[SmootSmack]

Do you sell your book?

[jsarno]

Originally Posted by SmootSmack

Do you sell your book?

I have given it to very close friends and family...it is not publishing worthy yet. I haven't had the time to refine it to get it published. I am not a good author.

[hooskins]

Originally Posted by jsarno

I have given it to very close friends and family...it is not publishing worthy yet. I haven't had the time to refine it to get it published. I am not a good author.

I also don't want to steal your idea, but please tell me when the book is out. I will most definitely be interested in it.

Also I don't mean to insult, I am just a skeptic.

[jsarno]

Originally Posted by hooskins

I also don't want to steal your idea, but please tell me when the book is out. I will most definitely be interested in it.

Also I don't mean to insult, I am just a skeptic.

I responded via PM.

[jsarno]

BTW- if people here feel like insulting me or at the least be negative towards my program despite all the success it has had, that's your choice, and carry on...but I will not be commenting on it any further, it's not going anywhere, and I should not have contributed to hijacking a thread. My bad.

Thanks guys...I look forward to constructive conversation with some of you elswhere in this site.

[JGisLordOfTheRings]

Originally Posted by jsarno

BTW- if people here feel like insulting me or at the least be negative towards my program despite all the success it has had, that's your choice, and carry on...but I will not be commenting on it any further, it's not going anywhere, and I should not have contributed to hijacking a thread. My bad.

Thanks guys...I look forward to constructive conversation with some of you elswhere in this site.

But, it's not hijacked cuz were still talking about Loose Change here, right?

[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.