Hi, I'm looking for discussions about compressing random bit streams. For example, "Can you win by betting on random coin tosses?", where the arguments typically follow the reasoning, "No matter what you bet, on average, you'll win half the time, soyou will break even", which I consider defeatist since if you play 'unlimited double up', the outcome is effectively, "Heads, you win, and tails, you break even". Essentially, you don't need to know what the outcome of next toss will be, only that there
Is there somewhere that folks sill discuss these things?
James
On Thursday, October 20, 2022 at 3:35:55 PM UTC+2, youlto...@gmail.com wrote:
Hi, I'm looking for discussions about compressing random bit
streams. For example, "Can you win by betting on random coin
tosses?", where the arguments typically follow the reasoning, "No
matter what you bet, on average, you'll win half the time, so you
will break even", which I consider defeatist since if you play
'unlimited double up', the outcome is effectively, "Heads, you win,
and tails, you break even". Essentially, you don't need to know what
the outcome of next toss will be, only that there will be a next
toss.
Is there somewhere that folks sill discuss these things?
James
You can discuss it at: https://encode.su/
Hi, I'm looking for discussions about compressing random bit streams.
For example, "Can you win by betting on random coin tosses?", where
the arguments typically follow the reasoning, "No matter what you bet,
on average, you'll win half the time, so you will break even", which I consider defeatist since if you play 'unlimited double up', the
outcome is effectively, "Heads, you win, and tails, you break even". Essentially, you don't need to know what the outcome of next toss will
be, only that there will be a next toss.
James Youlton <youlto...@gmail.com> writes:
Hi, I'm looking for discussions about compressing random bit streams.What resource of value do you have access to in unlimited quantities?
For example, "Can you win by betting on random coin tosses?", where
the arguments typically follow the reasoning, "No matter what you bet,
on average, you'll win half the time, so you will break even", which I consider defeatist since if you play 'unlimited double up', the
outcome is effectively, "Heads, you win, and tails, you break even". Essentially, you don't need to know what the outcome of next toss will
be, only that there will be a next toss.
If you have no such resource, you can't play this strategy.
Phil
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