• Actual gambling question

    From da pickle@21:1/5 to All on Tue Dec 12 11:01:53 2023
    Why do casinos put a 0 or even a 00 too or even 000 on some on every
    single roulette wheel in every casino in the world?


    --
    This email has been checked for viruses by AVG antivirus software.
    www.avg.com

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to jcpickels@nospam.hotmail.com on Tue Dec 12 20:02:35 2023
    da pickle <jcpickels@nospam.hotmail.com> wrote:
    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle wrote:
    Why do casinos put a 0 or even a 00 too or even 000 on some on every
    single roulette wheel in every casino in the world?
    --
    This email has been checked for viruses by AVG antivirus software.
    www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the >"advantage." Because only they could stop while they were "ahead".
    ...

    No! Not if you consider the casino to have infinite funds and
    each gambler to have finite funds. That's probably a reasonable
    assumption for the thought problem because any real-world analysis
    would have to include cheating by the house.

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Tim Norfolk on Tue Dec 12 13:16:06 2023
    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle wrote:
    Why do casinos put a 0 or even a 00 too or even 000 on some on every
    single roulette wheel in every casino in the world?


    --
    This email has been checked for viruses by AVG antivirus software.
    www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the "advantage." Because only they could stop while they were "ahead".

    Good dodge, Tim. But I still win every "single" time I play you in the
    SAY RED game. We will trade back and forth as far as being "ahead" goes
    ... but only I get to "stop" while I am ahead. My advantage.

    Crawl back in your hole.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Vanek@21:1/5 to da pickle on Tue Dec 12 14:19:39 2023
    On Dec 12, 2023, da pickle wrote
    (in article<9tOdnd_1kJjqLOX4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle wrote:
    Why do casinos put a 0 or even a 00 too or even 000 on some on every single roulette wheel in every casino in the world?


    --
    This email has been checked for viruses by AVG antivirus software. www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the "advantage." Because only they could stop while they were "ahead".

    Good dodge, Tim. But I still win every "single" time I play you in the
    SAY RED game. We will trade back and forth as far as being "ahead" goes
    ... but only I get to "stop" while I am ahead. My advantage.

    Crawl back in your hole.

    WTF happened to you? You are sounding like a moderately smart guy who is
    trying to convince everyone that he is really, really smart, and has this special insight into this issue that no one else can grasp. You are simply
    100% wrong, and you are simply repeating all of the simplistic claims that gamblers have come up with over the years, over and over. You are claiming to have a method to win every time in say red, but you aren’t even talking
    about say red, you are talking about a bet that wraps around the say red game
    - or really any even money game, and that involves nothing more than the gamblers ruin issue, which Tim has clearly explained to you. What all of your repetitive posts boil down to is that you think that if you only quit when you’re ahead, you will win in the long run - you have an “advantage”. That is like the absolute dumbest thing you can think regarding probability, and is the first thing dumb people come up with when they first start
    thinking about winning at gambling.

    And BTW, more of your ignorance shows when you claim that the house can’t quit when it’s ahead. More nonsense. Casinos quit on me many times when
    they were ahead at blackjack. They can quit anytime they want for any reason. You are divorced from reality regarding every last thing you have written in this thread.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bradley K. Sherman on Wed Dec 13 10:43:26 2023
    On 12/12/2023 2:02 PM, Bradley K. Sherman wrote:
    da pickle <jcpickels@nospam.hotmail.com> wrote:
    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle wrote:
    Why do casinos put a 0 or even a 00 too or even 000 on some on every
    single roulette wheel in every casino in the world?
    --
    This email has been checked for viruses by AVG antivirus software.
    www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the
    "advantage." Because only they could stop while they were "ahead".
    ...

    No! Not if you consider the casino to have infinite funds and
    each gambler to have finite funds. That's probably a reasonable
    assumption for the thought problem because any real-world analysis
    would have to include cheating by the house.

    --bks

    Have you, Bradley, ever seen a roulette wheel without at least one 0?

    If you were the manager of any casino in the world, would you ever allow
    a roulette wheel without at least one 0?

    Do you think that it takes an infinite bankroll to not lose one bet
    (net) on that wheel without a 0?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bill Vanek on Wed Dec 13 10:43:37 2023
    On 12/12/2023 2:19 PM, Bill Vanek wrote:
    On Dec 12, 2023, da pickle wrote
    (in article<9tOdnd_1kJjqLOX4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle wrote:
    Why do casinos put a 0 or even a 00 too or even 000 on some on every
    single roulette wheel in every casino in the world?


    --
    This email has been checked for viruses by AVG antivirus software.
    www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the
    "advantage." Because only they could stop while they were "ahead".

    Good dodge, Tim. But I still win every "single" time I play you in the
    SAY RED game. We will trade back and forth as far as being "ahead" goes
    ... but only I get to "stop" while I am ahead. My advantage.

    Crawl back in your hole.

    WTF happened to you? You are sounding like a moderately smart guy who is trying to convince everyone that he is really, really smart, and has this special insight into this issue that no one else can grasp. You are simply 100% wrong, and you are simply repeating all of the simplistic claims that gamblers have come up with over the years, over and over. You are claiming to have a method to win every time in say red, but you aren’t even talking about say red, you are talking about a bet that wraps around the say red game - or really any even money game, and that involves nothing more than the gamblers ruin issue, which Tim has clearly explained to you. What all of your repetitive posts boil down to is that you think that if you only quit when you’re ahead, you will win in the long run - you have an “advantage”. That is like the absolute dumbest thing you can think regarding probability, and is the first thing dumb people come up with when they first start thinking about winning at gambling.

    And BTW, more of your ignorance shows when you claim that the house can’t quit when it’s ahead. More nonsense. Casinos quit on me many times when they were ahead at blackjack. They can quit anytime they want for any reason. You are divorced from reality regarding every last thing you have written in this thread.

    Hi, Bill ... welcome back. We are not talking Martingale here.

    Have you, Bill, ever seen a roulette wheel without at least one 0?

    If you were the manager of any casino in the world, would you ever allow
    a roulette wheel without at least one 0?

    Do you think that it takes an infinite bankroll to not lose one bet
    (net) on that wheel without a 0?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Tim Norfolk on Wed Dec 13 10:43:49 2023
    On 12/12/2023 9:34 PM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 3:19:47 PM UTC-5, Bill Vanek wrote:
    On Dec 12, 2023, da pickle wrote
    (in article<9tOdnd_1kJjqLOX4...@giganews.com>):
    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle wrote: >>>>> Why do casinos put a 0 or even a 00 too or even 000 on some on every >>>>> single roulette wheel in every casino in the world?


    --
    This email has been checked for viruses by AVG antivirus software.
    www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the
    "advantage." Because only they could stop while they were "ahead".

    Good dodge, Tim. But I still win every "single" time I play you in the
    SAY RED game. We will trade back and forth as far as being "ahead" goes
    ... but only I get to "stop" while I am ahead. My advantage.

    Crawl back in your hole.
    WTF happened to you? You are sounding like a moderately smart guy who is
    trying to convince everyone that he is really, really smart, and has this
    special insight into this issue that no one else can grasp. You are simply >> 100% wrong, and you are simply repeating all of the simplistic claims that >> gamblers have come up with over the years, over and over. You are claiming to
    have a method to win every time in say red, but you aren’t even talking
    about say red, you are talking about a bet that wraps around the say red game
    - or really any even money game, and that involves nothing more than the
    gamblers ruin issue, which Tim has clearly explained to you. What all of your
    repetitive posts boil down to is that you think that if you only quit when >> you’re ahead, you will win in the long run - you have an “advantage”. >> That is like the absolute dumbest thing you can think regarding probability, >> and is the first thing dumb people come up with when they first start
    thinking about winning at gambling.

    And BTW, more of your ignorance shows when you claim that the house can’t >> quit when it’s ahead. More nonsense. Casinos quit on me many times when
    they were ahead at blackjack. They can quit anytime they want for any reason.
    You are divorced from reality regarding every last thing you have written in >> this thread.

    Surprisingly correct

    Have you, Tim, ever seen a roulette wheel without at least one 0?

    If you were the manager of any casino in the world, would you ever allow
    a roulette wheel without at least one 0?

    Do you think that it takes an infinite bankroll to not lose one bet
    (net) on that wheel without a 0?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to C Mayhem on Wed Dec 13 10:44:00 2023
    On 12/13/2023 7:33 AM, C Mayhem wrote:
    On Tuesday, December 12, 2023 at 2:19:47 PM UTC-6, Bill Vanek wrote:
    On Dec 12, 2023, da pickle wrote
    (in article<9tOdnd_1kJjqLOX4...@giganews.com>):
    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle wrote: >>>>> Why do casinos put a 0 or even a 00 too or even 000 on some on every >>>>> single roulette wheel in every casino in the world?


    --
    This email has been checked for viruses by AVG antivirus software.
    www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the
    "advantage." Because only they could stop while they were "ahead".

    Good dodge, Tim. But I still win every "single" time I play you in the
    SAY RED game. We will trade back and forth as far as being "ahead" goes
    ... but only I get to "stop" while I am ahead. My advantage.

    Crawl back in your hole.
    WTF happened to you? You are sounding like a moderately smart guy who is
    trying to convince everyone that he is really, really smart, and has this
    special insight into this issue that no one else can grasp. You are simply >> 100% wrong, and you are simply repeating all of the simplistic claims that >> gamblers have come up with over the years, over and over. You are claiming to
    have a method to win every time in say red, but you aren’t even talking
    about say red, you are talking about a bet that wraps around the say red game
    - or really any even money game, and that involves nothing more than the
    gamblers ruin issue, which Tim has clearly explained to you. What all of your
    repetitive posts boil down to is that you think that if you only quit when >> you’re ahead, you will win in the long run - you have an “advantage”. >> That is like the absolute dumbest thing you can think regarding probability, >> and is the first thing dumb people come up with when they first start
    thinking about winning at gambling.

    And BTW, more of your ignorance shows when you claim that the house can’t >> quit when it’s ahead. More nonsense. Casinos quit on me many times when
    they were ahead at blackjack. They can quit anytime they want for any reason.
    You are divorced from reality regarding every last thing you have written in >> this thread.

    Threads go on and on and I ignore. SOS. SOSS. Extra S for "stupid". I guess I could claim to have an advantage in negative expectation games also. I'm likely to be ahead at some point, if I just quit then... I'm reminded of the old double up
    feature of some vp. If you won a hand you could draw for high card at no disadvantage. Double or nothing. And you could continue to double up after your double up. I saw people wagering hundreds on what started out as a $1.25 bet. Ironically the 50/
    50 double up feature erased a sharp players advantage on the game as the wager did not accumulate club benefits. Several years ago at a local my wife accidentally touched the button to make the bet. She called a tech over to try to cancel it. One card
    was drawn as I recall. She had to proceed with the bet. Luck was with her and she won.

    C

    This is NOT a Martingale discussion.

    Have you ever seen a roulette wheel without at least one 0?

    If you were the manager of any casino in the world, would you ever allow
    a roulette wheel without at least one 0?

    Do you think that it takes an infinite bankroll to not lose one bet
    (net) on that wheel without a 0?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Vanek@21:1/5 to All on Wed Dec 13 11:22:40 2023
    On Dec 13, 2023, C Mayhem wrote
    (in article<3bd34f51-091a-4399-9ce5-beafdefcfe42n@googlegroups.com>):

    On Tuesday, December 12, 2023 at 2:19:47 PM UTC-6, Bill Vanek wrote:
    On Dec 12, 2023, da pickle wrote
    (in article<9tOdnd_1kJjqLOX4...@giganews.com>):
    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle wrote:
    Why do casinos put a 0 or even a 00 too or even 000 on some on every single roulette wheel in every casino in the world?


    --
    This email has been checked for viruses by AVG antivirus software. www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the "advantage." Because only they could stop while they were "ahead".

    Good dodge, Tim. But I still win every "single" time I play you in the SAY RED game. We will trade back and forth as far as being "ahead" goes ... but only I get to "stop" while I am ahead. My advantage.

    Crawl back in your hole.
    WTF happened to you? You are sounding like a moderately smart guy who is trying to convince everyone that he is really, really smart, and has this special insight into this issue that no one else can grasp. You are simply 100% wrong, and you are simply repeating all of the simplistic claims that gamblers have come up with over the years, over and over. You are claiming to
    have a method to win every time in say red, but you aren’t even talking about say red, you are talking about a bet that wraps around the say red game
    - or really any even money game, and that involves nothing more than the gamblers ruin issue, which Tim has clearly explained to you. What all of your
    repetitive posts boil down to is that you think that if you only quit when you’re ahead, you will win in the long run - you have an “advantage”. That is like the absolute dumbest thing you can think regarding probability,
    and is the first thing dumb people come up with when they first start thinking about winning at gambling.

    And BTW, more of your ignorance shows when you claim that the house can’t quit when it’s ahead. More nonsense. Casinos quit on me many times when they were ahead at blackjack. They can quit anytime they want for any reason.
    You are divorced from reality regarding every last thing you have written in
    this thread.

    Threads go on and on and I ignore. SOS. SOSS. Extra S for "stupid". I guess I could claim to have an advantage in negative expectation games also. I'm likely to be ahead at some point, if I just quit then... I'm reminded of the old double up feature of some vp. If you won a hand you could draw for high card at no disadvantage. Double or nothing. And you could continue to double up after your double up. I saw people wagering hundreds on what started out as a $1.25 bet. Ironically the 50/50 double up feature erased a sharp players advantage on the game as the wager did not accumulate club benefits. Several years ago at a local my wife accidentally touched the button to make the bet. She called a tech over to try to cancel it. One card was drawn as I recall. She had to proceed with the bet. Luck was with her and she won.

    C

    Caro addressed this long ago. Quitting while ahead is 100% effective, as long as you quit forever. It’s related to that thing about all of your
    individual sessions just being one long session.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Vanek@21:1/5 to da pickle on Wed Dec 13 11:20:51 2023
    On Dec 13, 2023, da pickle wrote
    (in article<P8OcnRU8KPTZQuT4nZ2dnZfqlJ_-fwAA@giganews.com>):

    On 12/12/2023 2:19 PM, Bill Vanek wrote:
    On Dec 12, 2023, da pickle wrote
    (in article<9tOdnd_1kJjqLOX4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle wrote:
    Why do casinos put a 0 or even a 00 too or even 000 on some on every single roulette wheel in every casino in the world?


    --
    This email has been checked for viruses by AVG antivirus software. www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the "advantage." Because only they could stop while they were "ahead".

    Good dodge, Tim. But I still win every "single" time I play you in the SAY RED game. We will trade back and forth as far as being "ahead" goes ... but only I get to "stop" while I am ahead. My advantage.

    Crawl back in your hole.

    WTF happened to you? You are sounding like a moderately smart guy who is trying to convince everyone that he is really, really smart, and has this special insight into this issue that no one else can grasp. You are simply 100% wrong, and you are simply repeating all of the simplistic claims that gamblers have come up with over the years, over and over. You are claiming to
    have a method to win every time in say red, but you aren’t even talking about say red, you are talking about a bet that wraps around the say red game
    - or really any even money game, and that involves nothing more than the gamblers ruin issue, which Tim has clearly explained to you. What all of your
    repetitive posts boil down to is that you think that if you only quit when you’re ahead, you will win in the long run - you have an “advantage”. That is like the absolute dumbest thing you can think regarding probability,
    and is the first thing dumb people come up with when they first start thinking about winning at gambling.

    And BTW, more of your ignorance shows when you claim that the house can’t quit when it’s ahead. More nonsense. Casinos quit on me many times when they were ahead at blackjack. They can quit anytime they want for any reason.
    You are divorced from reality regarding every last thing you have written in
    this thread.

    Hi, Bill ... welcome back. We are not talking Martingale here.

    But you are talking about that general principle. The purpose of the small martingale is to win lots and lots and lots of small bets without losing. The drawback you are forgetting is that occasional very large loss that offsets
    all of those wins. You are simply denying reality. You are acting like you cannot possibly lose in your stupid proposed bet, but your stupid bet is a
    zero ev bet, period. We talk about real life when we talk about gambling
    bets, and infinity, despite what you like to think, has no place in this discussion. You really don’t seem to grasp that “approaches zero” is
    not at all the same thing as “reaches zero”. You are either ahead one
    bet, or you are not. Close doesn’t have any meaning at all.

    You can ask AI (Bard, openAI...) anything you want about this. It will give
    the same answer - “effectively zero”, "approaches zero”, but that is
    not real life. We all have limited lifetimes. It will also generate python
    code - or I suppose any programming language you choose, and you can run
    Monte Carlo simulations, and you can modify the code to answer any of the
    other pointless questions you’ve asked Tim here. I can even the post the python code from Bard I modified. Anyone can run it and modify it. Just do
    some googling.

    Have you, Bill, ever seen a roulette wheel without at least one 0?

    Why wouldn’t there be one? They are not all in casinos, and there are other ways to set a house advantage anyway.

    If you were the manager of any casino in the world, would you ever allow
    a roulette wheel without at least one 0?

    See above.
    Do you think that it takes an infinite bankroll to not lose one bet
    (net) on that wheel without a 0?

    See above about that infinity thing. And run a simulation for some
    perspective.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bill Vanek on Wed Dec 13 11:44:49 2023
    On 12/13/2023 11:22 AM, Bill Vanek wrote:
    On Dec 13, 2023, C Mayhem wrote
    (in article<3bd34f51-091a-4399-9ce5-beafdefcfe42n@googlegroups.com>):

    On Tuesday, December 12, 2023 at 2:19:47 PM UTC-6, Bill Vanek wrote:
    On Dec 12, 2023, da pickle wrote
    (in article<9tOdnd_1kJjqLOX4...@giganews.com>):
    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle wrote: >>>>>> Why do casinos put a 0 or even a 00 too or even 000 on some on every >>>>>> single roulette wheel in every casino in the world?


    --
    This email has been checked for viruses by AVG antivirus software. >>>>>> www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the
    "advantage." Because only they could stop while they were "ahead".

    Good dodge, Tim. But I still win every "single" time I play you in the >>>> SAY RED game. We will trade back and forth as far as being "ahead" goes >>>> ... but only I get to "stop" while I am ahead. My advantage.

    Crawl back in your hole.
    WTF happened to you? You are sounding like a moderately smart guy who is >>> trying to convince everyone that he is really, really smart, and has this >>> special insight into this issue that no one else can grasp. You are simply >>> 100% wrong, and you are simply repeating all of the simplistic claims that >>> gamblers have come up with over the years, over and over. You are claiming >>> to
    have a method to win every time in say red, but you aren’t even talking >>> about say red, you are talking about a bet that wraps around the say red >>> game
    - or really any even money game, and that involves nothing more than the >>> gamblers ruin issue, which Tim has clearly explained to you. What all of >>> your
    repetitive posts boil down to is that you think that if you only quit when >>> you’re ahead, you will win in the long run - you have an “advantage”. >>> That is like the absolute dumbest thing you can think regarding probability,
    and is the first thing dumb people come up with when they first start
    thinking about winning at gambling.

    And BTW, more of your ignorance shows when you claim that the house can’t >>> quit when it’s ahead. More nonsense. Casinos quit on me many times when >>> they were ahead at blackjack. They can quit anytime they want for any
    reason.
    You are divorced from reality regarding every last thing you have written in
    this thread.

    Threads go on and on and I ignore. SOS. SOSS. Extra S for "stupid". I guess I
    could claim to have an advantage in negative expectation games also. I'm
    likely to be ahead at some point, if I just quit then... I'm reminded of the >> old double up feature of some vp. If you won a hand you could draw for high >> card at no disadvantage. Double or nothing. And you could continue to double >> up after your double up. I saw people wagering hundreds on what started out >> as a $1.25 bet. Ironically the 50/50 double up feature erased a sharp players
    advantage on the game as the wager did not accumulate club benefits. Several >> years ago at a local my wife accidentally touched the button to make the bet.
    She called a tech over to try to cancel it. One card was drawn as I recall. >> She had to proceed with the bet. Luck was with her and she won.

    C

    Caro addressed this long ago. Quitting while ahead is 100% effective, as long as you quit forever. It’s related to that thing about all of your individual sessions just being one long session.

    If "you" accept my bet offer, you need only one $100 chip ... you will
    have two if you win the first try ... I will leave if I win your $100
    ... it is you that must wait for infinity to get all the money in the
    world since you imply that I will "never" get ahead one bet during that
    period.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bill Vanek on Wed Dec 13 11:46:42 2023
    On 12/13/2023 11:20 AM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote
    (in article<P8OcnRU8KPTZQuT4nZ2dnZfqlJ_-fwAA@giganews.com>):

    On 12/12/2023 2:19 PM, Bill Vanek wrote:
    On Dec 12, 2023, da pickle wrote
    (in article<9tOdnd_1kJjqLOX4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle wrote: >>>>>> Why do casinos put a 0 or even a 00 too or even 000 on some on every >>>>>> single roulette wheel in every casino in the world?


    --
    This email has been checked for viruses by AVG antivirus software. >>>>>> www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the
    "advantage." Because only they could stop while they were "ahead".

    Good dodge, Tim. But I still win every "single" time I play you in the >>>> SAY RED game. We will trade back and forth as far as being "ahead" goes >>>> ... but only I get to "stop" while I am ahead. My advantage.

    Crawl back in your hole.

    WTF happened to you? You are sounding like a moderately smart guy who is >>> trying to convince everyone that he is really, really smart, and has this >>> special insight into this issue that no one else can grasp. You are simply >>> 100% wrong, and you are simply repeating all of the simplistic claims that >>> gamblers have come up with over the years, over and over. You are claiming >>> to
    have a method to win every time in say red, but you aren’t even talking >>> about say red, you are talking about a bet that wraps around the say red >>> game
    - or really any even money game, and that involves nothing more than the >>> gamblers ruin issue, which Tim has clearly explained to you. What all of >>> your
    repetitive posts boil down to is that you think that if you only quit when >>> you’re ahead, you will win in the long run - you have an “advantage”. >>> That is like the absolute dumbest thing you can think regarding probability,
    and is the first thing dumb people come up with when they first start
    thinking about winning at gambling.

    And BTW, more of your ignorance shows when you claim that the house can’t >>> quit when it’s ahead. More nonsense. Casinos quit on me many times when >>> they were ahead at blackjack. They can quit anytime they want for any
    reason.
    You are divorced from reality regarding every last thing you have written in
    this thread.

    Hi, Bill ... welcome back. We are not talking Martingale here.

    But you are talking about that general principle. The purpose of the small martingale is to win lots and lots and lots of small bets without losing. The drawback you are forgetting is that occasional very large loss that offsets all of those wins. You are simply denying reality. You are acting like you cannot possibly lose in your stupid proposed bet, but your stupid bet is a zero ev bet, period. We talk about real life when we talk about gambling bets, and infinity, despite what you like to think, has no place in this discussion. You really don’t seem to grasp that “approaches zero” is not at all the same thing as “reaches zero”. You are either ahead one bet, or you are not. Close doesn’t have any meaning at all.

    You can ask AI (Bard, openAI...) anything you want about this. It will give the same answer - “effectively zero”, "approaches zero”, but that is not real life. We all have limited lifetimes. It will also generate python code - or I suppose any programming language you choose, and you can run Monte Carlo simulations, and you can modify the code to answer any of the other pointless questions you’ve asked Tim here. I can even the post the python code from Bard I modified. Anyone can run it and modify it. Just do some googling.

    Have you, Bill, ever seen a roulette wheel without at least one 0?

    Why wouldn’t there be one? They are not all in casinos, and there are other ways to set a house advantage anyway.

    If you were the manager of any casino in the world, would you ever allow
    a roulette wheel without at least one 0?

    See above.
    Do you think that it takes an infinite bankroll to not lose one bet
    (net) on that wheel without a 0?

    See above about that infinity thing. And run a simulation for some perspective.

    I am not worried about "infinity" because that is too "religious" for me.

    The truth of the matter is that 50/50 odds repeated over and over and
    over eventually work out to 50/50 odds. The correct answer is just that
    ... I need not wait for infinity to get my one result.

    That is why neither you nor anyone else would take a 50/50 bet repeated
    over and over until "I" stopped after one "win". You would be the one
    waiting for "infinity" ... which is a long time.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Vanek@21:1/5 to da pickle on Wed Dec 13 12:13:09 2023
    On Dec 13, 2023, da pickle wrote
    (in article<2-SdnUtiE7GQc-T4nZ2dnZfqlJ9j4p2d@giganews.com>):

    On 12/13/2023 11:20 AM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote
    (in article<P8OcnRU8KPTZQuT4nZ2dnZfqlJ_-fwAA@giganews.com>):

    On 12/12/2023 2:19 PM, Bill Vanek wrote:
    On Dec 12, 2023, da pickle wrote
    (in article<9tOdnd_1kJjqLOX4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle wrote:
    Why do casinos put a 0 or even a 00 too or even 000 on some on every
    single roulette wheel in every casino in the world?


    --
    This email has been checked for viruses by AVG antivirus software.
    www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the "advantage." Because only they could stop while they were "ahead".

    Good dodge, Tim. But I still win every "single" time I play you in the
    SAY RED game. We will trade back and forth as far as being "ahead" goes
    ... but only I get to "stop" while I am ahead. My advantage.

    Crawl back in your hole.

    WTF happened to you? You are sounding like a moderately smart guy who is
    trying to convince everyone that he is really, really smart, and has this
    special insight into this issue that no one else can grasp. You are simply
    100% wrong, and you are simply repeating all of the simplistic claims that
    gamblers have come up with over the years, over and over. You are claiming
    to
    have a method to win every time in say red, but you aren’t even talking
    about say red, you are talking about a bet that wraps around the say red
    game
    - or really any even money game, and that involves nothing more than the
    gamblers ruin issue, which Tim has clearly explained to you. What all of
    your
    repetitive posts boil down to is that you think that if you only quit when
    you’re ahead, you will win in the long run - you have an “advantage”.
    That is like the absolute dumbest thing you can think regarding probability,
    and is the first thing dumb people come up with when they first start thinking about winning at gambling.

    And BTW, more of your ignorance shows when you claim that the house can’t
    quit when it’s ahead. More nonsense. Casinos quit on me many times when
    they were ahead at blackjack. They can quit anytime they want for any reason.
    You are divorced from reality regarding every last thing you have written
    in
    this thread.

    Hi, Bill ... welcome back. We are not talking Martingale here.

    But you are talking about that general principle. The purpose of the small martingale is to win lots and lots and lots of small bets without losing. The
    drawback you are forgetting is that occasional very large loss that offsets all of those wins. You are simply denying reality. You are acting like you cannot possibly lose in your stupid proposed bet, but your stupid bet is a zero ev bet, period. We talk about real life when we talk about gambling bets, and infinity, despite what you like to think, has no place in this discussion. You really don’t seem to grasp that “approaches zero” is not at all the same thing as “reaches zero”. You are either ahead one bet, or you are not. Close doesn’t have any meaning at all.

    You can ask AI (Bard, openAI...) anything you want about this. It will give the same answer - “effectively zero”, "approaches zero”, but that is not real life. We all have limited lifetimes. It will also generate python code - or I suppose any programming language you choose, and you can run Monte Carlo simulations, and you can modify the code to answer any of the other pointless questions you’ve asked Tim here. I can even the post the python code from Bard I modified. Anyone can run it and modify it. Just do some googling.

    Have you, Bill, ever seen a roulette wheel without at least one 0?

    Why wouldn’t there be one? They are not all in casinos, and there are other
    ways to set a house advantage anyway.

    If you were the manager of any casino in the world, would you ever allow a roulette wheel without at least one 0?

    See above.
    Do you think that it takes an infinite bankroll to not lose one bet
    (net) on that wheel without a 0?

    See above about that infinity thing. And run a simulation for some perspective.

    I am not worried about "infinity" because that is too "religious" for me.

    The truth of the matter is that 50/50 odds repeated over and over and
    over eventually work out to 50/50 odds. The correct answer is just that
    ... I need not wait for infinity to get my one result.

    Prove it. Show the math. And odds don’t “work out” to anything. They
    just are.
    That is why neither you nor anyone else would take a 50/50 bet repeated
    over and over until "I" stopped after one "win". You would be the one
    waiting for "infinity" ... which is a long time.

    I will not take your bet because it is 0 EV. In other words, an utter waste
    of time. I’m pretty sure that’s also Tim’s reason, and the reason of anyone who understands probability.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Vanek@21:1/5 to da pickle on Wed Dec 13 12:06:39 2023
    On Dec 13, 2023, da pickle wrote
    (in article<bpudnXcC2JYBcOT4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/13/2023 11:22 AM, Bill Vanek wrote:
    On Dec 13, 2023, C Mayhem wrote
    (in article<3bd34f51-091a-4399-9ce5-beafdefcfe42n@googlegroups.com>):

    On Tuesday, December 12, 2023 at 2:19:47 PM UTC-6, Bill Vanek wrote:
    On Dec 12, 2023, da pickle wrote
    (in article<9tOdnd_1kJjqLOX4...@giganews.com>):
    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle wrote:
    Why do casinos put a 0 or even a 00 too or even 000 on some on every
    single roulette wheel in every casino in the world?


    --
    This email has been checked for viruses by AVG antivirus software.
    www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the "advantage." Because only they could stop while they were "ahead".

    Good dodge, Tim. But I still win every "single" time I play you in the
    SAY RED game. We will trade back and forth as far as being "ahead" goes
    ... but only I get to "stop" while I am ahead. My advantage.

    Crawl back in your hole.
    WTF happened to you? You are sounding like a moderately smart guy who is
    trying to convince everyone that he is really, really smart, and has this
    special insight into this issue that no one else can grasp. You are simply
    100% wrong, and you are simply repeating all of the simplistic claims that
    gamblers have come up with over the years, over and over. You are claiming
    to
    have a method to win every time in say red, but you aren’t even talking
    about say red, you are talking about a bet that wraps around the say red
    game
    - or really any even money game, and that involves nothing more than the
    gamblers ruin issue, which Tim has clearly explained to you. What all of
    your
    repetitive posts boil down to is that you think that if you only quit when
    you’re ahead, you will win in the long run - you have an “advantage”.
    That is like the absolute dumbest thing you can think regarding probability,
    and is the first thing dumb people come up with when they first start thinking about winning at gambling.

    And BTW, more of your ignorance shows when you claim that the house can’t
    quit when it’s ahead. More nonsense. Casinos quit on me many times when
    they were ahead at blackjack. They can quit anytime they want for any reason.
    You are divorced from reality regarding every last thing you have written
    in
    this thread.

    Threads go on and on and I ignore. SOS. SOSS. Extra S for "stupid". I guess I
    could claim to have an advantage in negative expectation games also. I'm likely to be ahead at some point, if I just quit then... I'm reminded of the
    old double up feature of some vp. If you won a hand you could draw for high
    card at no disadvantage. Double or nothing. And you could continue to double
    up after your double up. I saw people wagering hundreds on what started out
    as a $1.25 bet. Ironically the 50/50 double up feature erased a sharp players
    advantage on the game as the wager did not accumulate club benefits. Several
    years ago at a local my wife accidentally touched the button to make the bet.
    She called a tech over to try to cancel it. One card was drawn as I recall.
    She had to proceed with the bet. Luck was with her and she won.

    C

    Caro addressed this long ago. Quitting while ahead is 100% effective, as long
    as you quit forever. It’s related to that thing about all of your individual sessions just being one long session.

    If "you" accept my bet offer, you need only one $100 chip ... you will
    have two if you win the first try ... I will leave if I win your $100
    ... it is you that must wait for infinity to get all the money in the
    world since you imply that I will "never" get ahead one bet during that period.

    I implied nothing at all. The truth is that you might never get ahead,
    period. Again, “approaches zero” is not the same as “reaches zero”.
    And if you are not claiming immortality, stop talking about infinity.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to jcpickels@nospam.hotmail.com on Wed Dec 13 17:56:54 2023
    da pickle <jcpickels@nospam.hotmail.com> wrote:
    ...
    Have you, Bradley, ever seen a roulette wheel without at least one 0?

    If you were the manager of any casino in the world, would you ever allow
    a roulette wheel without at least one 0?
    ...

    I could see a low-limit roulette table as a come-on for tyros, sure.
    But there would be no way to cover overhead on a game like that. It
    would be like a poker room with no rake.

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bradley K. Sherman on Wed Dec 13 12:23:04 2023
    On 12/13/2023 11:56 AM, Bradley K. Sherman wrote:
    da pickle <jcpickels@nospam.hotmail.com> wrote:
    ...
    Have you, Bradley, ever seen a roulette wheel without at least one 0?

    If you were the manager of any casino in the world, would you ever allow
    a roulette wheel without at least one 0?
    ...

    I could see a low-limit roulette table as a come-on for tyros, sure.
    But there would be no way to cover overhead on a game like that. It
    would be like a poker room with no rake.

    --bks

    You will not take the $100 bet either ... even though you "might" make thousands ... you could win a fortune. It is so "unlikely" that you
    would run from such a bet. Just like Tim.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to jcpickels@nospam.hotmail.com on Wed Dec 13 18:57:12 2023
    da pickle <jcpickels@nospam.hotmail.com> wrote:
    On 12/13/2023 11:56 AM, Bradley K. Sherman wrote:
    da pickle <jcpickels@nospam.hotmail.com> wrote:
    ...
    Have you, Bradley, ever seen a roulette wheel without at least one 0?

    If you were the manager of any casino in the world, would you ever allow >>> a roulette wheel without at least one 0?
    ...

    I could see a low-limit roulette table as a come-on for tyros, sure.
    But there would be no way to cover overhead on a game like that. It
    would be like a poker room with no rake.

    You will not take the $100 bet either ... even though you "might" make >thousands ... you could win a fortune. It is so "unlikely" that you
    would run from such a bet. Just like Tim.

    Let's say I run a roulette table with no 0 and no 00. You
    can bet red or black at even money. You walk in with a
    bankroll of $10. Table minimum is $5. Table maximum is
    $10. Sketch out your winning strategy for me.

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bill Vanek on Wed Dec 13 12:18:54 2023
    On 12/13/2023 12:13 PM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote
    (in article<2-SdnUtiE7GQc-T4nZ2dnZfqlJ9j4p2d@giganews.com>):

    On 12/13/2023 11:20 AM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote
    (in article<P8OcnRU8KPTZQuT4nZ2dnZfqlJ_-fwAA@giganews.com>):

    On 12/12/2023 2:19 PM, Bill Vanek wrote:
    On Dec 12, 2023, da pickle wrote
    (in article<9tOdnd_1kJjqLOX4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle wrote: >>>>>>>> Why do casinos put a 0 or even a 00 too or even 000 on some on every >>>>>>>> single roulette wheel in every casino in the world?


    --
    This email has been checked for viruses by AVG antivirus software. >>>>>>>> www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the >>>>>> "advantage." Because only they could stop while they were "ahead". >>>>>>
    Good dodge, Tim. But I still win every "single" time I play you in the >>>>>> SAY RED game. We will trade back and forth as far as being "ahead" goes >>>>>> ... but only I get to "stop" while I am ahead. My advantage.

    Crawl back in your hole.

    WTF happened to you? You are sounding like a moderately smart guy who is >>>>> trying to convince everyone that he is really, really smart, and has this >>>>> special insight into this issue that no one else can grasp. You are simply
    100% wrong, and you are simply repeating all of the simplistic claims that
    gamblers have come up with over the years, over and over. You are claiming
    to
    have a method to win every time in say red, but you aren’t even talking >>>>> about say red, you are talking about a bet that wraps around the say red >>>>> game
    - or really any even money game, and that involves nothing more than the >>>>> gamblers ruin issue, which Tim has clearly explained to you. What all of >>>>> your
    repetitive posts boil down to is that you think that if you only quit when
    you’re ahead, you will win in the long run - you have an
    “advantage”.
    That is like the absolute dumbest thing you can think regarding
    probability,
    and is the first thing dumb people come up with when they first start >>>>> thinking about winning at gambling.

    And BTW, more of your ignorance shows when you claim that the house
    can’t
    quit when it’s ahead. More nonsense. Casinos quit on me many times when >>>>> they were ahead at blackjack. They can quit anytime they want for any >>>>> reason.
    You are divorced from reality regarding every last thing you have written >>>>> in
    this thread.

    Hi, Bill ... welcome back. We are not talking Martingale here.

    But you are talking about that general principle. The purpose of the small >>> martingale is to win lots and lots and lots of small bets without losing. >>> The
    drawback you are forgetting is that occasional very large loss that offsets >>> all of those wins. You are simply denying reality. You are acting like you >>> cannot possibly lose in your stupid proposed bet, but your stupid bet is a >>> zero ev bet, period. We talk about real life when we talk about gambling >>> bets, and infinity, despite what you like to think, has no place in this >>> discussion. You really don’t seem to grasp that “approaches zero” is >>> not at all the same thing as “reaches zero”. You are either ahead one >>> bet, or you are not. Close doesn’t have any meaning at all.

    You can ask AI (Bard, openAI...) anything you want about this. It will give >>> the same answer - “effectively zero”, "approaches zero”, but that is >>> not real life. We all have limited lifetimes. It will also generate python >>> code - or I suppose any programming language you choose, and you can run >>> Monte Carlo simulations, and you can modify the code to answer any of the >>> other pointless questions you’ve asked Tim here. I can even the post the >>> python code from Bard I modified. Anyone can run it and modify it. Just do >>> some googling.

    Have you, Bill, ever seen a roulette wheel without at least one 0?

    Why wouldn’t there be one? They are not all in casinos, and there are
    other
    ways to set a house advantage anyway.

    If you were the manager of any casino in the world, would you ever allow >>>> a roulette wheel without at least one 0?

    See above.
    Do you think that it takes an infinite bankroll to not lose one bet
    (net) on that wheel without a 0?

    See above about that infinity thing. And run a simulation for some
    perspective.

    I am not worried about "infinity" because that is too "religious" for me.

    The truth of the matter is that 50/50 odds repeated over and over and
    over eventually work out to 50/50 odds. The correct answer is just that
    ... I need not wait for infinity to get my one result.

    Prove it. Show the math. And odds don’t “work out” to anything. They just are.
    That is why neither you nor anyone else would take a 50/50 bet repeated
    over and over until "I" stopped after one "win". You would be the one
    waiting for "infinity" ... which is a long time.

    I will not take your bet because it is 0 EV. In other words, an utter waste of time. I’m pretty sure that’s also Tim’s reason, and the reason of anyone who understands probability.

    0 EV for you ... $100 for me

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Vanek@21:1/5 to da pickle on Wed Dec 13 12:28:07 2023
    On Dec 13, 2023, da pickle wrote
    (in article<VN2dnWEapJoEaOT4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/13/2023 12:13 PM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote
    (in article<2-SdnUtiE7GQc-T4nZ2dnZfqlJ9j4p2d@giganews.com>):

    On 12/13/2023 11:20 AM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote
    (in article<P8OcnRU8KPTZQuT4nZ2dnZfqlJ_-fwAA@giganews.com>):

    On 12/12/2023 2:19 PM, Bill Vanek wrote:
    On Dec 12, 2023, da pickle wrote
    (in article<9tOdnd_1kJjqLOX4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle wrote:
    Why do casinos put a 0 or even a 00 too or even 000 on some on every
    single roulette wheel in every casino in the world?


    --
    This email has been checked for viruses by AVG antivirus software.
    www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the
    "advantage." Because only they could stop while they were "ahead".

    Good dodge, Tim. But I still win every "single" time I play you in the
    SAY RED game. We will trade back and forth as far as being "ahead" goes
    ... but only I get to "stop" while I am ahead. My advantage.

    Crawl back in your hole.

    WTF happened to you? You are sounding like a moderately smart guy who is
    trying to convince everyone that he is really, really smart, and has
    this
    special insight into this issue that no one else can grasp. You are simply
    100% wrong, and you are simply repeating all of the simplistic claims
    that
    gamblers have come up with over the years, over and over. You are claiming
    to
    have a method to win every time in say red, but you aren’t even talking
    about say red, you are talking about a bet that wraps around the say red
    game
    - or really any even money game, and that involves nothing more than the
    gamblers ruin issue, which Tim has clearly explained to you. What all of
    your
    repetitive posts boil down to is that you think that if you only quit
    when
    you’re ahead, you will win in the long run - you have an “advantage”.
    That is like the absolute dumbest thing you can think regarding probability,
    and is the first thing dumb people come up with when they first start
    thinking about winning at gambling.

    And BTW, more of your ignorance shows when you claim that the house can’t
    quit when it’s ahead. More nonsense. Casinos quit on me many times
    when
    they were ahead at blackjack. They can quit anytime they want for any
    reason.
    You are divorced from reality regarding every last thing you have written
    in
    this thread.

    Hi, Bill ... welcome back. We are not talking Martingale here.

    But you are talking about that general principle. The purpose of the small
    martingale is to win lots and lots and lots of small bets without losing.
    The
    drawback you are forgetting is that occasional very large loss that offsets
    all of those wins. You are simply denying reality. You are acting like you
    cannot possibly lose in your stupid proposed bet, but your stupid bet is a
    zero ev bet, period. We talk about real life when we talk about gambling
    bets, and infinity, despite what you like to think, has no place in this
    discussion. You really don’t seem to grasp that “approaches zero” is
    not at all the same thing as “reaches zero”. You are either ahead one
    bet, or you are not. Close doesn’t have any meaning at all.

    You can ask AI (Bard, openAI...) anything you want about this. It will give
    the same answer - “effectively zero”, "approaches zero”, but that is
    not real life. We all have limited lifetimes. It will also generate python
    code - or I suppose any programming language you choose, and you can run
    Monte Carlo simulations, and you can modify the code to answer any of the
    other pointless questions you’ve asked Tim here. I can even the post the
    python code from Bard I modified. Anyone can run it and modify it. Just do
    some googling.

    Have you, Bill, ever seen a roulette wheel without at least one 0?

    Why wouldn’t there be one? They are not all in casinos, and there are other
    ways to set a house advantage anyway.

    If you were the manager of any casino in the world, would you ever allow
    a roulette wheel without at least one 0?

    See above.
    Do you think that it takes an infinite bankroll to not lose one bet (net) on that wheel without a 0?

    See above about that infinity thing. And run a simulation for some perspective.

    I am not worried about "infinity" because that is too "religious" for me.

    The truth of the matter is that 50/50 odds repeated over and over and over eventually work out to 50/50 odds. The correct answer is just that ... I need not wait for infinity to get my one result.

    Prove it. Show the math. And odds don’t “work out” to anything. They just are.
    That is why neither you nor anyone else would take a 50/50 bet repeated over and over until "I" stopped after one "win". You would be the one waiting for "infinity" ... which is a long time.

    I will not take your bet because it is 0 EV. In other words, an utter waste of time. I’m pretty sure that’s also Tim’s reason, and the reason of anyone who understands probability.

    0 EV for you ... $100 for me

    You have already redefined Say Red, and the word “advantage”, so you
    might as well redefine EV to whatever you want.

    You can’t have this both ways. You can’t say that in real life you will always get ahead one bet within some reasonable time - like long before you
    go broke, and then talk about infinity, too. Bankrolls are finite, and human lifetimes are finite.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bradley K. Sherman on Wed Dec 13 17:03:00 2023
    On 12/13/2023 12:57 PM, Bradley K. Sherman wrote:
    da pickle <jcpickels@nospam.hotmail.com> wrote:
    On 12/13/2023 11:56 AM, Bradley K. Sherman wrote:
    da pickle <jcpickels@nospam.hotmail.com> wrote:
    ...
    Have you, Bradley, ever seen a roulette wheel without at least one 0?

    If you were the manager of any casino in the world, would you ever allow >>>> a roulette wheel without at least one 0?
    ...

    I could see a low-limit roulette table as a come-on for tyros, sure.
    But there would be no way to cover overhead on a game like that. It
    would be like a poker room with no rake.

    You will not take the $100 bet either ... even though you "might" make
    thousands ... you could win a fortune. It is so "unlikely" that you
    would run from such a bet. Just like Tim.

    Let's say I run a roulette table with no 0 and no 00. You
    can bet red or black at even money. You walk in with a
    bankroll of $10. Table minimum is $5. Table maximum is
    $10. Sketch out your winning strategy for me.

    --bks

    I would have to have a LOT more money before I attempted to win $5 with
    a ten dollar bankroll. We do not have to fantasize about a non-existent casino. We you take my Say Red offer to play? You only need one
    hundred and you might win a lot of money if I run out of $100s myself.

    Game on?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bill Vanek on Wed Dec 13 17:03:13 2023
    On 12/13/2023 12:28 PM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote
    (in article<VN2dnWEapJoEaOT4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/13/2023 12:13 PM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote
    (in article<2-SdnUtiE7GQc-T4nZ2dnZfqlJ9j4p2d@giganews.com>):

    On 12/13/2023 11:20 AM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote
    (in article<P8OcnRU8KPTZQuT4nZ2dnZfqlJ_-fwAA@giganews.com>):

    On 12/12/2023 2:19 PM, Bill Vanek wrote:
    On Dec 12, 2023, da pickle wrote
    (in article<9tOdnd_1kJjqLOX4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle wrote:
    Why do casinos put a 0 or even a 00 too or even 000 on some on every >>>>>>>>>> single roulette wheel in every casino in the world?


    --
    This email has been checked for viruses by AVG antivirus software. >>>>>>>>>> www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the >>>>>>>> "advantage." Because only they could stop while they were "ahead". >>>>>>>>
    Good dodge, Tim. But I still win every "single" time I play you in the >>>>>>>> SAY RED game. We will trade back and forth as far as being "ahead" goes
    ... but only I get to "stop" while I am ahead. My advantage.

    Crawl back in your hole.

    WTF happened to you? You are sounding like a moderately smart guy who is
    trying to convince everyone that he is really, really smart, and has >>>>>>> this
    special insight into this issue that no one else can grasp. You are >>>>>>> simply
    100% wrong, and you are simply repeating all of the simplistic claims >>>>>>> that
    gamblers have come up with over the years, over and over. You are >>>>>>> claiming
    to
    have a method to win every time in say red, but you aren’t even >>>>>>> talking
    about say red, you are talking about a bet that wraps around the say red
    game
    - or really any even money game, and that involves nothing more than the
    gamblers ruin issue, which Tim has clearly explained to you. What all of
    your
    repetitive posts boil down to is that you think that if you only quit >>>>>>> when
    you’re ahead, you will win in the long run - you have an
    “advantage”.
    That is like the absolute dumbest thing you can think regarding
    probability,
    and is the first thing dumb people come up with when they first start >>>>>>> thinking about winning at gambling.

    And BTW, more of your ignorance shows when you claim that the house >>>>>>> can’t
    quit when it’s ahead. More nonsense. Casinos quit on me many times >>>>>>> when
    they were ahead at blackjack. They can quit anytime they want for any >>>>>>> reason.
    You are divorced from reality regarding every last thing you have >>>>>>> written
    in
    this thread.

    Hi, Bill ... welcome back. We are not talking Martingale here.

    But you are talking about that general principle. The purpose of the small
    martingale is to win lots and lots and lots of small bets without losing. >>>>> The
    drawback you are forgetting is that occasional very large loss that
    offsets
    all of those wins. You are simply denying reality. You are acting like you
    cannot possibly lose in your stupid proposed bet, but your stupid bet is a
    zero ev bet, period. We talk about real life when we talk about gambling >>>>> bets, and infinity, despite what you like to think, has no place in this >>>>> discussion. You really don’t seem to grasp that “approaches zero” is
    not at all the same thing as “reaches zero”. You are either ahead one >>>>> bet, or you are not. Close doesn’t have any meaning at all.

    You can ask AI (Bard, openAI...) anything you want about this. It will >>>>> give
    the same answer - “effectively zero”, "approaches zero”, but that is
    not real life. We all have limited lifetimes. It will also generate python
    code - or I suppose any programming language you choose, and you can run >>>>> Monte Carlo simulations, and you can modify the code to answer any of the >>>>> other pointless questions you’ve asked Tim here. I can even the post the
    python code from Bard I modified. Anyone can run it and modify it. Just do
    some googling.

    Have you, Bill, ever seen a roulette wheel without at least one 0?

    Why wouldn’t there be one? They are not all in casinos, and there are >>>>> other
    ways to set a house advantage anyway.

    If you were the manager of any casino in the world, would you ever allow >>>>>> a roulette wheel without at least one 0?

    See above.
    Do you think that it takes an infinite bankroll to not lose one bet >>>>>> (net) on that wheel without a 0?

    See above about that infinity thing. And run a simulation for some
    perspective.

    I am not worried about "infinity" because that is too "religious" for me. >>>>
    The truth of the matter is that 50/50 odds repeated over and over and
    over eventually work out to 50/50 odds. The correct answer is just that >>>> ... I need not wait for infinity to get my one result.

    Prove it. Show the math. And odds don’t “work out” to anything. They >>> just are.
    That is why neither you nor anyone else would take a 50/50 bet repeated >>>> over and over until "I" stopped after one "win". You would be the one
    waiting for "infinity" ... which is a long time.

    I will not take your bet because it is 0 EV. In other words, an utter waste >>> of time. I’m pretty sure that’s also Tim’s reason, and the reason of >>> anyone who understands probability.

    0 EV for you ... $100 for me

    You have already redefined Say Red, and the word “advantage”, so you might as well redefine EV to whatever you want.

    You can’t have this both ways. You can’t say that in real life you will always get ahead one bet within some reasonable time - like long before you go broke, and then talk about infinity, too. Bankrolls are finite, and human lifetimes are finite.

    You are so correct ... are you in for my offer to play. You only need
    one hundred. You could win my entire net worth.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Vanek@21:1/5 to da pickle on Wed Dec 13 18:15:36 2023
    On Dec 13, 2023, da pickle wrote
    (in article<g1idnftZBdihpef4nZ2dnZfqlJ_-fwAA@giganews.com>):

    On 12/13/2023 12:28 PM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote
    (in article<VN2dnWEapJoEaOT4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/13/2023 12:13 PM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote
    (in article<2-SdnUtiE7GQc-T4nZ2dnZfqlJ9j4p2d@giganews.com>):

    On 12/13/2023 11:20 AM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote
    (in article<P8OcnRU8KPTZQuT4nZ2dnZfqlJ_-fwAA@giganews.com>):

    On 12/12/2023 2:19 PM, Bill Vanek wrote:
    On Dec 12, 2023, da pickle wrote
    (in article<9tOdnd_1kJjqLOX4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle
    wrote:
    Why do casinos put a 0 or even a 00 too or even 000 on some on
    every
    single roulette wheel in every casino in the world?


    --
    This email has been checked for viruses by AVG antivirus software.
    www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the
    "advantage." Because only they could stop while they were "ahead".

    Good dodge, Tim. But I still win every "single" time I play you in
    the
    SAY RED game. We will trade back and forth as far as being "ahead"
    goes
    ... but only I get to "stop" while I am ahead. My advantage.

    Crawl back in your hole.

    WTF happened to you? You are sounding like a moderately smart guy who
    is
    trying to convince everyone that he is really, really smart, and has
    this
    special insight into this issue that no one else can grasp. You are
    simply
    100% wrong, and you are simply repeating all of the simplistic claims
    that
    gamblers have come up with over the years, over and over. You are
    claiming
    to
    have a method to win every time in say red, but you aren’t even
    talking
    about say red, you are talking about a bet that wraps around the say
    red
    game
    - or really any even money game, and that involves nothing more than
    the
    gamblers ruin issue, which Tim has clearly explained to you. What all
    of
    your
    repetitive posts boil down to is that you think that if you only quit
    when
    you’re ahead, you will win in the long run - you have an “advantage”.
    That is like the absolute dumbest thing you can think regarding probability,
    and is the first thing dumb people come up with when they first start
    thinking about winning at gambling.

    And BTW, more of your ignorance shows when you claim that the house
    can’t
    quit when it’s ahead. More nonsense. Casinos quit on me many times
    when
    they were ahead at blackjack. They can quit anytime they want for any
    reason.
    You are divorced from reality regarding every last thing you have
    written
    in
    this thread.

    Hi, Bill ... welcome back. We are not talking Martingale here.

    But you are talking about that general principle. The purpose of the
    small
    martingale is to win lots and lots and lots of small bets without losing.
    The
    drawback you are forgetting is that occasional very large loss that offsets
    all of those wins. You are simply denying reality. You are acting like
    you
    cannot possibly lose in your stupid proposed bet, but your stupid bet
    is a
    zero ev bet, period. We talk about real life when we talk about gambling
    bets, and infinity, despite what you like to think, has no place in this
    discussion. You really don’t seem to grasp that “approaches zero”
    is
    not at all the same thing as “reaches zero”. You are either ahead
    one
    bet, or you are not. Close doesn’t have any meaning at all.

    You can ask AI (Bard, openAI...) anything you want about this. It will
    give
    the same answer - “effectively zero”, "approaches zero”, but that
    is
    not real life. We all have limited lifetimes. It will also generate python
    code - or I suppose any programming language you choose, and you can run
    Monte Carlo simulations, and you can modify the code to answer any of
    the
    other pointless questions you’ve asked Tim here. I can even the post
    the
    python code from Bard I modified. Anyone can run it and modify it. Just
    do
    some googling.

    Have you, Bill, ever seen a roulette wheel without at least one 0?

    Why wouldn’t there be one? They are not all in casinos, and there are
    other
    ways to set a house advantage anyway.

    If you were the manager of any casino in the world, would you ever
    allow
    a roulette wheel without at least one 0?

    See above.
    Do you think that it takes an infinite bankroll to not lose one bet
    (net) on that wheel without a 0?

    See above about that infinity thing. And run a simulation for some perspective.

    I am not worried about "infinity" because that is too "religious" for me.

    The truth of the matter is that 50/50 odds repeated over and over and over eventually work out to 50/50 odds. The correct answer is just that
    ... I need not wait for infinity to get my one result.

    Prove it. Show the math. And odds don’t “work out” to anything. They
    just are.
    That is why neither you nor anyone else would take a 50/50 bet repeated
    over and over until "I" stopped after one "win". You would be the one waiting for "infinity" ... which is a long time.

    I will not take your bet because it is 0 EV. In other words, an utter waste
    of time. I’m pretty sure that’s also Tim’s reason, and the reason of
    anyone who understands probability.

    0 EV for you ... $100 for me

    You have already redefined Say Red, and the word “advantage”, so you might as well redefine EV to whatever you want.

    You can’t have this both ways. You can’t say that in real life you will always get ahead one bet within some reasonable time - like long before you go broke, and then talk about infinity, too. Bankrolls are finite, and human
    lifetimes are finite.

    You are so correct ... are you in for my offer to play. You only need
    one hundred. You could win my entire net worth.

    Why do you repeatedly ask everyone here that question that you think is some sort of gotcha? It’s not a gotcha by any means. It’s a waste of time. It’s an even money bet inside of a risk of ruin wrapper that you have arbitrarily structured at 100:1. BTW, I really believe that you have very little concept of your risk. I have run the simulations, so I know the
    answer, but what do you think is the chance that you will never get ahead one bet in a series of 1,000 even money bets? I ran 1000 simulations of that. How many of those 1,000 do you suppose left you less than one bet ahead? You can
    do that calculation with math, too, but I doubt you bothered.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bradley K. Sherman@21:1/5 to jcpickels@nospam.hotmail.com on Thu Dec 14 01:56:46 2023
    da pickle <jcpickels@nospam.hotmail.com> wrote:
    On 12/13/2023 12:57 PM, Bradley K. Sherman wrote:
    ...
    Let's say I run a roulette table with no 0 and no 00. You
    can bet red or black at even money. You walk in with a
    bankroll of $10. Table minimum is $5. Table maximum is
    $10. Sketch out your winning strategy for me.

    I would have to have a LOT more money before I attempted to win $5 with
    a ten dollar bankroll.
    ...

    Case closed!

    --bks

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bill Vanek on Thu Dec 14 07:14:43 2023
    On 12/13/2023 6:15 PM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote

    You are so correct ... are you in for my offer to play. You only need
    one hundred. You could win my entire net worth.

    Why do you repeatedly ask everyone here that question that you think is some sort of gotcha? It’s not a gotcha by any means. It’s a waste of time. It’s an even money bet inside of a risk of ruin wrapper that you have arbitrarily structured at 100:1. BTW, I really believe that you have very little concept of your risk. I have run the simulations, so I know the answer, but what do you think is the chance that you will never get ahead one bet in a series of 1,000 even money bets? I ran 1000 simulations of that. How many of those 1,000 do you suppose left you less than one bet ahead? You can do that calculation with math, too, but I doubt you bothered.

    I cannot "do the math" that "you" did ... you did not show the math so I
    cannot comment on what you did.

    You fail to understand the "bet" (or bets, there have been several).

    I will limit my "bankroll" to $100 ... you only need one dollar. I bet
    you my hundred that you will lose your one. We play until I either win
    your dollar and you pay me $100 or you win my $100.

    Now you see why Tim ran away from the bet.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bradley K. Sherman on Thu Dec 14 07:16:44 2023
    On 12/13/2023 7:56 PM, Bradley K. Sherman wrote:
    da pickle <jcpickels@nospam.hotmail.com> wrote:
    On 12/13/2023 12:57 PM, Bradley K. Sherman wrote:
    ...
    Let's say I run a roulette table with no 0 and no 00. You
    can bet red or black at even money. You walk in with a
    bankroll of $10. Table minimum is $5. Table maximum is
    $10. Sketch out your winning strategy for me.

    I would have to have a LOT more money before I attempted to win $5 with
    a ten dollar bankroll.
    ...

    Case closed!

    --bks

    Yes, it is ... no one will actually take my bet. Why is that?

    You join the other that change the bet to suit your own misunderstanding.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to C Mayhem on Thu Dec 14 07:19:02 2023
    On 12/14/2023 6:46 AM, C Mayhem wrote:
    On Wednesday, December 13, 2023 at 11:22:47 AM UTC-6, Bill Vanek wrote:
    On Dec 13, 2023, C Mayhem wrote
    (in article<3bd34f51-091a-4399...@googlegroups.com>):
    On Tuesday, December 12, 2023 at 2:19:47 PM UTC-6, Bill Vanek wrote:
    On Dec 12, 2023, da pickle wrote
    (in article<9tOdnd_1kJjqLOX4...@giganews.com>):
    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle wrote: >>>>>>> Why do casinos put a 0 or even a 00 too or even 000 on some on every >>>>>>> single roulette wheel in every casino in the world?


    --
    This email has been checked for viruses by AVG antivirus software. >>>>>>> www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the >>>>> "advantage." Because only they could stop while they were "ahead".

    Good dodge, Tim. But I still win every "single" time I play you in the >>>>> SAY RED game. We will trade back and forth as far as being "ahead" goes >>>>> ... but only I get to "stop" while I am ahead. My advantage.

    Crawl back in your hole.
    WTF happened to you? You are sounding like a moderately smart guy who is >>>> trying to convince everyone that he is really, really smart, and has this >>>> special insight into this issue that no one else can grasp. You are simply >>>> 100% wrong, and you are simply repeating all of the simplistic claims that >>>> gamblers have come up with over the years, over and over. You are claiming >>>> to
    have a method to win every time in say red, but you aren’t even talking >>>> about say red, you are talking about a bet that wraps around the say red >>>> game
    - or really any even money game, and that involves nothing more than the >>>> gamblers ruin issue, which Tim has clearly explained to you. What all of >>>> your
    repetitive posts boil down to is that you think that if you only quit when >>>> you’re ahead, you will win in the long run - you have an “advantage”.
    That is like the absolute dumbest thing you can think regarding probability,
    and is the first thing dumb people come up with when they first start
    thinking about winning at gambling.

    And BTW, more of your ignorance shows when you claim that the house can’t
    quit when it’s ahead. More nonsense. Casinos quit on me many times when >>>> they were ahead at blackjack. They can quit anytime they want for any
    reason.
    You are divorced from reality regarding every last thing you have written in
    this thread.

    Threads go on and on and I ignore. SOS. SOSS. Extra S for "stupid". I guess I
    could claim to have an advantage in negative expectation games also. I'm >>> likely to be ahead at some point, if I just quit then... I'm reminded of the
    old double up feature of some vp. If you won a hand you could draw for high >>> card at no disadvantage. Double or nothing. And you could continue to double
    up after your double up. I saw people wagering hundreds on what started out >>> as a $1.25 bet. Ironically the 50/50 double up feature erased a sharp players
    advantage on the game as the wager did not accumulate club benefits. Several
    years ago at a local my wife accidentally touched the button to make the bet.
    She called a tech over to try to cancel it. One card was drawn as I recall. >>> She had to proceed with the bet. Luck was with her and she won.

    C
    Caro addressed this long ago. Quitting while ahead is 100% effective, as long
    as you quit forever. It’s related to that thing about all of your
    individual sessions just being one long session.

    Yeah, I don't think I need an expert to tell me if I don't play a game I can't lose.... after all, I have the geniuses at RGP for nuggets of wisdom like that.

    The wife was going to the local casino yesterday afternoon to pick up free crap. I was back from work. I had no interest in free crap but she was driving. I tagged along to do a quick scout of opportunities and take home a free dinner. I walked in
    and quickly saw a tiny fitty cent play, but at good numbers. I fast tapped to the bonus and it did not go well even at good numbers. I netted an entire 10 cents. I guess I could have stopped there and called myself a sharp gambler.

    C

    Stopping when you are ahead one bet is quite different than keeping
    playing after you are ahead one bet.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Tim Norfolk on Thu Dec 14 12:53:52 2023
    On 12/14/2023 12:00 PM, Tim Norfolk wrote:

    On Wednesday, December 13, 2023 at 1:28:15 PM UTC-5, Bill Vanek wrote:

    You can’t have this both ways. You can’t say that in real life you will >> always get ahead one bet within some reasonable time - like long before you >> go broke, and then talk about infinity, too. Bankrolls are finite, and human >> lifetimes are finite.

    More than that. If his strategy actually 'always' worked, then it would equally apply to millions of punters, rather than one person playing by themself. The casinos would never make money.

    "Always" is one time for my bet with you, Tim. That is why you ran from
    the bet ... saying only a fool would take your bet.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bill Vanek on Thu Dec 14 13:08:27 2023
    On 12/14/2023 12:51 PM, Bill Vanek wrote:
    But Pickle seems to think that no one else has ever thought of this, and that he is the only one with this special insight. That’s why he is keeping it secret...


    No secret ... he who quits with one net win in coin flips is the winner.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Vanek@21:1/5 to All on Thu Dec 14 12:51:46 2023
    On Dec 14, 2023, Tim Norfolk wrote
    (in article<03ad9260-f9ed-4cd6-9f06-9348b866ae70n@googlegroups.com>):

    On Wednesday, December 13, 2023 at 1:28:15 PM UTC-5, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote
    (in article<VN2dnWEapJoEaOT4...@giganews.com>):
    On 12/13/2023 12:13 PM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote
    (in article<2-SdnUtiE7GQc-T4...@giganews.com>):

    On 12/13/2023 11:20 AM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote
    (in article<P8OcnRU8KPTZQuT4...@giganews.com>):

    On 12/12/2023 2:19 PM, Bill Vanek wrote:
    On Dec 12, 2023, da pickle wrote
    (in article<9tOdnd_1kJjqLOX4...@giganews.com>):

    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle
    wrote:
    Why do casinos put a 0 or even a 00 too or even 000 on some on
    every
    single roulette wheel in every casino in the world?


    --
    This email has been checked for viruses by AVG antivirus software.
    www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the
    "advantage." Because only they could stop while they were "ahead".

    Good dodge, Tim. But I still win every "single" time I play you in
    the
    SAY RED game. We will trade back and forth as far as being "ahead"
    goes
    ... but only I get to "stop" while I am ahead. My advantage.

    Crawl back in your hole.

    WTF happened to you? You are sounding like a moderately smart guy who
    is
    trying to convince everyone that he is really, really smart, and has
    this
    special insight into this issue that no one else can grasp. You are
    simply
    100% wrong, and you are simply repeating all of the simplistic claims
    that
    gamblers have come up with over the years, over and over. You are
    claiming
    to
    have a method to win every time in say red, but you aren’t even
    talking
    about say red, you are talking about a bet that wraps around the say
    red
    game
    - or really any even money game, and that involves nothing more than
    the
    gamblers ruin issue, which Tim has clearly explained to you. What all
    of
    your
    repetitive posts boil down to is that you think that if you only quit
    when
    you’re ahead, you will win in the long run - you have an “advantage”.
    That is like the absolute dumbest thing you can think regarding probability,
    and is the first thing dumb people come up with when they first start
    thinking about winning at gambling.

    And BTW, more of your ignorance shows when you claim that the house
    can’t
    quit when it’s ahead. More nonsense. Casinos quit on me many times
    when
    they were ahead at blackjack. They can quit anytime they want for any
    reason.
    You are divorced from reality regarding every last thing you have
    written
    in
    this thread.

    Hi, Bill ... welcome back. We are not talking Martingale here.

    But you are talking about that general principle. The purpose of the
    small
    martingale is to win lots and lots and lots of small bets without losing.
    The
    drawback you are forgetting is that occasional very large loss that offsets
    all of those wins. You are simply denying reality. You are acting like
    you
    cannot possibly lose in your stupid proposed bet, but your stupid bet
    is a
    zero ev bet, period. We talk about real life when we talk about gambling
    bets, and infinity, despite what you like to think, has no place in this
    discussion. You really don’t seem to grasp that “approaches zero”
    is
    not at all the same thing as “reaches zero”. You are either ahead
    one
    bet, or you are not. Close doesn’t have any meaning at all.

    You can ask AI (Bard, openAI...) anything you want about this. It will
    give
    the same answer - “effectively zero”, "approaches zero”, but that
    is
    not real life. We all have limited lifetimes. It will also generate python
    code - or I suppose any programming language you choose, and you can run
    Monte Carlo simulations, and you can modify the code to answer any of
    the
    other pointless questions you’ve asked Tim here. I can even the post
    the
    python code from Bard I modified. Anyone can run it and modify it. Just
    do
    some googling.

    Have you, Bill, ever seen a roulette wheel without at least one 0?

    Why wouldn’t there be one? They are not all in casinos, and there are
    other
    ways to set a house advantage anyway.

    If you were the manager of any casino in the world, would you ever
    allow
    a roulette wheel without at least one 0?

    See above.
    Do you think that it takes an infinite bankroll to not lose one bet
    (net) on that wheel without a 0?

    See above about that infinity thing. And run a simulation for some perspective.

    I am not worried about "infinity" because that is too "religious" for me.

    The truth of the matter is that 50/50 odds repeated over and over and over eventually work out to 50/50 odds. The correct answer is just that
    ... I need not wait for infinity to get my one result.

    Prove it. Show the math. And odds don’t “work out” to anything. They
    just are.
    That is why neither you nor anyone else would take a 50/50 bet repeated
    over and over until "I" stopped after one "win". You would be the one waiting for "infinity" ... which is a long time.

    I will not take your bet because it is 0 EV. In other words, an utter waste
    of time. I’m pretty sure that’s also Tim’s reason, and the reason of
    anyone who understands probability.

    0 EV for you ... $100 for me
    You have already redefined Say Red, and the word “advantage”, so you might as well redefine EV to whatever you want.

    You can’t have this both ways. You can’t say that in real life you will always get ahead one bet within some reasonable time - like long before you go broke, and then talk about infinity, too. Bankrolls are finite, and human
    lifetimes are finite.

    More than that. If his strategy actually 'always' worked, then it would equally apply to millions of punters, rather than one person playing by themself. The casinos would never make money.

    But Pickle seems to think that no one else has ever thought of this, and that he is the only one with this special insight. That’s why he is keeping it secret...

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Vanek@21:1/5 to da pickle on Thu Dec 14 13:28:41 2023
    On Dec 14, 2023, da pickle wrote
    (in article<n6ydnQkAu-hTYuf4nZ2dnZfqlJz-fwAA@giganews.com>):

    On 12/13/2023 6:15 PM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote

    You are so correct ... are you in for my offer to play. You only need
    one hundred. You could win my entire net worth.

    Why do you repeatedly ask everyone here that question that you think is some
    sort of gotcha? It’s not a gotcha by any means. It’s a waste of time. It’s an even money bet inside of a risk of ruin wrapper that you have arbitrarily structured at 100:1. BTW, I really believe that you have very little concept of your risk. I have run the simulations, so I know the answer, but what do you think is the chance that you will never get ahead one
    bet in a series of 1,000 even money bets? I ran 1000 simulations of that. How
    many of those 1,000 do you suppose left you less than one bet ahead? You can
    do that calculation with math, too, but I doubt you bothered.

    I cannot "do the math" that "you" did ... you did not show the math so I cannot comment on what you did.

    I didn’t do any math, and never said I did. I suck at it. It’s Tim’s
    job, but you ignore him, too.

    Once again, this version of gamblers ruin might be the simplest to solve in
    all of probability: if you have x bets, and your opponent has y bets in an
    even money game, then your odds of your opponent losing all his chips against you losing all yours are x:y. So in your stupid game, it’s 100:1. If you
    had two bets to your opponent’s one, it’s 2:1. Why don’t you stick to a 2:1 game so you can see the flaw in your thinking? You keep talking about people “running away” from your bet. No one is running away, but everyone is declining because it’s so dumb and pointless and such a waste of time. It’s like flipping coins, but with the added torture of a gimmick that
    kicks the variance up so much that even a sick gambler who likes to bet on anything would laugh at this. I don’t think anyone here can understand the point you are trying to make, except to claim some imaginary insight, and to bash Tim, and try to prove that you are smarter than him. You might be
    smarter, you might not, but you are way behind when it comes to math. He
    taught it, you make it up.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Vanek@21:1/5 to da pickle on Thu Dec 14 13:34:01 2023
    On Dec 14, 2023, da pickle wrote
    (in article<cKmdnY0eeJoqz-b4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/14/2023 12:51 PM, Bill Vanek wrote:
    But Pickle seems to think that no one else has ever thought of this, and that
    he is the only one with this special insight. That’s why he is keeping it secret...

    No secret ... he who quits with one net win in coin flips is the winner.

    But he does not have an advantage. You are in a group that was intended to discuss gambling, and “advantage” has an agreed on definition that you
    are ignoring. It means +EV, and your made up game is not +EV.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Tim Norfolk on Thu Dec 14 13:20:30 2023
    On 12/14/2023 11:57 AM, Tim Norfolk wrote:
    On Wednesday, December 13, 2023 at 11:44:16 AM UTC-5, da pickle wrote:
    On 12/12/2023 9:34 PM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 3:19:47 PM UTC-5, Bill Vanek wrote:
    On Dec 12, 2023, da pickle wrote
    (in article<9tOdnd_1kJjqLOX4...@giganews.com>):
    On 12/12/2023 11:15 AM, Tim Norfolk wrote:
    On Tuesday, December 12, 2023 at 12:02:10 PM UTC-5, da pickle wrote: >>>>>>> Why do casinos put a 0 or even a 00 too or even 000 on some on every >>>>>>> single roulette wheel in every casino in the world?


    --
    This email has been checked for viruses by AVG antivirus software. >>>>>>> www.avg.com

    Because that is where their advantage comes from.

    Correct, but if they did NOT have a zero, the players would have the >>>>> "advantage." Because only they could stop while they were "ahead".

    Good dodge, Tim. But I still win every "single" time I play you in the >>>>> SAY RED game. We will trade back and forth as far as being "ahead" goes >>>>> ... but only I get to "stop" while I am ahead. My advantage.

    Crawl back in your hole.
    WTF happened to you? You are sounding like a moderately smart guy who is >>>> trying to convince everyone that he is really, really smart, and has this >>>> special insight into this issue that no one else can grasp. You are simply >>>> 100% wrong, and you are simply repeating all of the simplistic claims that >>>> gamblers have come up with over the years, over and over. You are claiming to
    have a method to win every time in say red, but you aren’t even talking >>>> about say red, you are talking about a bet that wraps around the say red game
    - or really any even money game, and that involves nothing more than the >>>> gamblers ruin issue, which Tim has clearly explained to you. What all of your
    repetitive posts boil down to is that you think that if you only quit when >>>> you’re ahead, you will win in the long run - you have an “advantage”.
    That is like the absolute dumbest thing you can think regarding probability,
    and is the first thing dumb people come up with when they first start
    thinking about winning at gambling.

    And BTW, more of your ignorance shows when you claim that the house can’t
    quit when it’s ahead. More nonsense. Casinos quit on me many times when >>>> they were ahead at blackjack. They can quit anytime they want for any reason.
    You are divorced from reality regarding every last thing you have written in
    this thread.

    Surprisingly correct
    Have you, Tim, ever seen a roulette wheel without at least one 0?
    If you were the manager of any casino in the world, would you ever allow
    a roulette wheel without at least one 0?

    Do you think that it takes an infinite bankroll to not lose one bet
    (net) on that wheel without a 0?

    No. For the reason that I gave above. I do suppose that they could have one, and charge some direct amount to play, like a seat charge. However, I recall in Atlantic City, watching people walk past the single 0 wheel to play the double 0 one.

    Lots of stupid people play roulette. You are smart to refuse my offer
    that I would bet you $100 that I would win your one dollar chip, even if
    I limited my bankroll to $100.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Vanek@21:1/5 to da pickle on Thu Dec 14 13:56:27 2023
    On Dec 14, 2023, da pickle wrote
    (in article<n6ydnQkAu-hTYuf4nZ2dnZfqlJz-fwAA@giganews.com>):

    On 12/13/2023 6:15 PM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote

    You are so correct ... are you in for my offer to play. You only need
    one hundred. You could win my entire net worth.

    Why do you repeatedly ask everyone here that question that you think is some
    sort of gotcha? It’s not a gotcha by any means. It’s a waste of time. It’s an even money bet inside of a risk of ruin wrapper that you have arbitrarily structured at 100:1. BTW, I really believe that you have very little concept of your risk. I have run the simulations, so I know the answer, but what do you think is the chance that you will never get ahead one
    bet in a series of 1,000 even money bets? I ran 1000 simulations of that. How
    many of those 1,000 do you suppose left you less than one bet ahead? You can
    do that calculation with math, too, but I doubt you bothered.

    I cannot "do the math" that "you" did ... you did not show the math so I cannot comment on what you did.

    You fail to understand the "bet" (or bets, there have been several).

    I will limit my "bankroll" to $100 ... you only need one dollar. I bet
    you my hundred that you will lose your one. We play until I either win
    your dollar and you pay me $100 or you win my $100.

    Now you see why Tim ran away from the bet.

    WTF? I decided to reread this after I noticed that “there have been several” above. In one place you say I only need one dollar. But two sentences down, I have to pay you $100. So do I need one dollar, or one hundred? WTF are you doing?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bill Vanek on Thu Dec 14 14:23:30 2023
    On 12/14/2023 1:34 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<cKmdnY0eeJoqz-b4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/14/2023 12:51 PM, Bill Vanek wrote:
    But Pickle seems to think that no one else has ever thought of this, and >>> that
    he is the only one with this special insight. That’s why he is keeping it >>> secret...

    No secret ... he who quits with one net win in coin flips is the winner.

    But he does not have an advantage. You are in a group that was intended to discuss gambling, and “advantage” has an agreed on definition that you are ignoring. It means +EV, and your made up game is not +EV.

    So, you determine what I mean when I say "advantage" ... I say the
    person who can quit in a coin game when he is ahead one bet has an
    "advantage" over someone who wants to play some more. Sorry, you and
    Tim can take your "definitions" to a different site.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bill Vanek on Thu Dec 14 14:20:45 2023
    On 12/14/2023 1:28 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<n6ydnQkAu-hTYuf4nZ2dnZfqlJz-fwAA@giganews.com>):

    On 12/13/2023 6:15 PM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote

    You are so correct ... are you in for my offer to play. You only need
    one hundred. You could win my entire net worth.

    Why do you repeatedly ask everyone here that question that you think is some
    sort of gotcha? It’s not a gotcha by any means. It’s a waste of time. >>> It’s an even money bet inside of a risk of ruin wrapper that you have
    arbitrarily structured at 100:1. BTW, I really believe that you have very >>> little concept of your risk. I have run the simulations, so I know the
    answer, but what do you think is the chance that you will never get ahead >>> one
    bet in a series of 1,000 even money bets? I ran 1000 simulations of that. >>> How
    many of those 1,000 do you suppose left you less than one bet ahead? You can
    do that calculation with math, too, but I doubt you bothered.

    I cannot "do the math" that "you" did ... you did not show the math so I
    cannot comment on what you did.

    I didn’t do any math, and never said I did. I suck at it. It’s Tim’s job, but you ignore him, too.

    Once again, this version of gamblers ruin might be the simplest to solve in all of probability: if you have x bets, and your opponent has y bets in an even money game, then your odds of your opponent losing all his chips against you losing all yours are x:y. So in your stupid game, it’s 100:1. If you had two bets to your opponent’s one, it’s 2:1. Why don’t you stick to a 2:1 game so you can see the flaw in your thinking? You keep talking about people “running away” from your bet. No one is running away, but everyone is declining because it’s so dumb and pointless and such a waste of time. It’s like flipping coins, but with the added torture of a gimmick that kicks the variance up so much that even a sick gambler who likes to bet on anything would laugh at this. I don’t think anyone here can understand the point you are trying to make, except to claim some imaginary insight, and to bash Tim, and try to prove that you are smarter than him. You might be smarter, you might not, but you are way behind when it comes to math. He taught it, you make it up.

    Why not just admit the one who can quit in a 50/50 game has an advantage.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bill Vanek on Thu Dec 14 14:27:40 2023
    On 12/14/2023 1:56 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<n6ydnQkAu-hTYuf4nZ2dnZfqlJz-fwAA@giganews.com>):

    On 12/13/2023 6:15 PM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote

    You are so correct ... are you in for my offer to play. You only need
    one hundred. You could win my entire net worth.

    Why do you repeatedly ask everyone here that question that you think is some
    sort of gotcha? It’s not a gotcha by any means. It’s a waste of time. >>> It’s an even money bet inside of a risk of ruin wrapper that you have
    arbitrarily structured at 100:1. BTW, I really believe that you have very >>> little concept of your risk. I have run the simulations, so I know the
    answer, but what do you think is the chance that you will never get ahead >>> one
    bet in a series of 1,000 even money bets? I ran 1000 simulations of that. >>> How
    many of those 1,000 do you suppose left you less than one bet ahead? You can
    do that calculation with math, too, but I doubt you bothered.

    I cannot "do the math" that "you" did ... you did not show the math so I
    cannot comment on what you did.

    You fail to understand the "bet" (or bets, there have been several).

    I will limit my "bankroll" to $100 ... you only need one dollar. I bet
    you my hundred that you will lose your one. We play until I either win
    your dollar and you pay me $100 or you win my $100.

    Now you see why Tim ran away from the bet.

    WTF? I decided to reread this after I noticed that “there have been several” above. In one place you say I only need one dollar. But two sentences down, I have to pay you $100. So do I need one dollar, or one hundred? WTF are you doing?

    I said you only needed one dollar because that was the bet. If I win
    your one dollar, you pay me $100 ... I will limit my bankroll to $100
    ... which you can win if I lose it to you. You will have my $100 and
    your original dollar. I will have nothing. Tim did not like the bet. I
    bet you don't either.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Vanek@21:1/5 to da pickle on Thu Dec 14 15:53:27 2023
    On Dec 14, 2023, da pickle wrote
    (in article<eImdnUaXt_vQ-eb4nZ2dnZfqlJz-fwAA@giganews.com>):

    On 12/14/2023 1:34 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<cKmdnY0eeJoqz-b4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/14/2023 12:51 PM, Bill Vanek wrote:
    But Pickle seems to think that no one else has ever thought of this, and
    that
    he is the only one with this special insight. That’s why he is keeping
    it
    secret...

    No secret ... he who quits with one net win in coin flips is the winner.

    But he does not have an advantage. You are in a group that was intended to discuss gambling, and “advantage” has an agreed on definition that you are ignoring. It means +EV, and your made up game is not +EV.

    So, you determine what I mean when I say "advantage" ... I say the
    person who can quit in a coin game when he is ahead one bet has an "advantage" over someone who wants to play some more.

    No, what you’re saying is that if you make up an artificial and absurd game where you are very likely to win, then you are very likely to win in that
    game. Who is going to win more bets in blackjack? An expert card counter, or the house? Does that side have the advantage?

    Sorry, you and
    Tim can take your "definitions" to a different site.

    Like... to a gambling site?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bill Vanek on Thu Dec 14 16:04:05 2023
    On 12/14/2023 3:53 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<eImdnUaXt_vQ-eb4nZ2dnZfqlJz-fwAA@giganews.com>):

    On 12/14/2023 1:34 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<cKmdnY0eeJoqz-b4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/14/2023 12:51 PM, Bill Vanek wrote:
    But Pickle seems to think that no one else has ever thought of this, and >>>>> that
    he is the only one with this special insight. That’s why he is keeping >>>>> it
    secret...

    No secret ... he who quits with one net win in coin flips is the winner. >>>
    But he does not have an advantage. You are in a group that was intended to >>> discuss gambling, and “advantage” has an agreed on definition that you >>> are ignoring. It means +EV, and your made up game is not +EV.

    So, you determine what I mean when I say "advantage" ... I say the
    person who can quit in a coin game when he is ahead one bet has an
    "advantage" over someone who wants to play some more.

    No, what you’re saying is that if you make up an artificial and absurd game where you are very likely to win, then you are very likely to win in that game. Who is going to win more bets in blackjack? An expert card counter, or the house? Does that side have the advantage?

    I did not make up the game or the bet. Don't change the subject.

    Sorry, you and
    Tim can take your "definitions" to a different site.

    Like... to a gambling site?

    You have a point there

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Vanek@21:1/5 to da pickle on Thu Dec 14 17:16:52 2023
    On Dec 14, 2023, da pickle wrote
    (in article<H8ednYzMAup85ub4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/14/2023 3:53 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<eImdnUaXt_vQ-eb4nZ2dnZfqlJz-fwAA@giganews.com>):

    On 12/14/2023 1:34 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<cKmdnY0eeJoqz-b4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/14/2023 12:51 PM, Bill Vanek wrote:
    But Pickle seems to think that no one else has ever thought of this, and
    that
    he is the only one with this special insight. That’s why he is keeping
    it
    secret...

    No secret ... he who quits with one net win in coin flips is the winner.

    But he does not have an advantage. You are in a group that was intended to
    discuss gambling, and “advantage” has an agreed on definition that you
    are ignoring. It means +EV, and your made up game is not +EV.

    So, you determine what I mean when I say "advantage" ... I say the
    person who can quit in a coin game when he is ahead one bet has an "advantage" over someone who wants to play some more.

    No, what you’re saying is that if you make up an artificial and absurd game
    where you are very likely to win, then you are very likely to win in that game. Who is going to win more bets in blackjack? An expert card counter, or
    the house? Does that side have the advantage?

    I did not make up the game or the bet. Don't change the subject.

    Yes, you did make up the bet. If you read what you wrote, you are asking your opponent who is fighting 100:1 odds AGAINST him, to *pay* *you* 100 to 1. So when you win those 100 times out of 101, you win a total of $10,000. And when he wins 1 time out of 101, he wins a total of $100. Were you aware of this? I really have no idea, or if you just changed the wording - again - recently.
    You also said that there have been “several” bets, all offered by you.
    Why don’t you list them, and tell us why you abandoned each one.

    Or maybe you can just quit pounding on Tim and everyone who agrees with him, and just admit that you are being a dick. No need to even explain why. I hate his politics, too, but I don’t find that a reason to attack his math.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bill Vanek on Thu Dec 14 17:39:23 2023
    On 12/14/2023 5:16 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<H8ednYzMAup85ub4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/14/2023 3:53 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<eImdnUaXt_vQ-eb4nZ2dnZfqlJz-fwAA@giganews.com>):

    On 12/14/2023 1:34 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<cKmdnY0eeJoqz-b4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/14/2023 12:51 PM, Bill Vanek wrote:
    But Pickle seems to think that no one else has ever thought of this, and
    that
    he is the only one with this special insight. That’s why he is keeping
    it
    secret...

    No secret ... he who quits with one net win in coin flips is the winner. >>>>>
    But he does not have an advantage. You are in a group that was intended to
    discuss gambling, and “advantage” has an agreed on definition that you
    are ignoring. It means +EV, and your made up game is not +EV.

    So, you determine what I mean when I say "advantage" ... I say the
    person who can quit in a coin game when he is ahead one bet has an
    "advantage" over someone who wants to play some more.

    No, what you’re saying is that if you make up an artificial and absurd >>> game
    where you are very likely to win, then you are very likely to win in that >>> game. Who is going to win more bets in blackjack? An expert card counter, or
    the house? Does that side have the advantage?

    I did not make up the game or the bet. Don't change the subject.

    Yes, you did make up the bet. If you read what you wrote, you are asking your opponent who is fighting 100:1 odds AGAINST him, to *pay* *you* 100 to 1. So when you win those 100 times out of 101, you win a total of $10,000. And when he wins 1 time out of 101, he wins a total of $100. Were you aware of this? I really have no idea, or if you just changed the wording - again - recently. You also said that there have been “several” bets, all offered by you. Why don’t you list them, and tell us why you abandoned each one.

    Or maybe you can just quit pounding on Tim and everyone who agrees with him, and just admit that you are being a dick. No need to even explain why. I hate his politics, too, but I don’t find that a reason to attack his math.

    I only win once ... whether he wants to deny it or not. You keep
    changes the "rules". I have no idea of what his math might be.

    You would not play the 50/50 game with me for a single $100 chip. I
    would be extremely likely to win your chip... you might win a chip or so
    from me along the way ... but you cannot quit, only I can quit when you
    lose your one chip. That is the only thing that is under discussion.

    You still will not play for the loss of $100 possible when you possibly
    could win thousands ... why not?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Vanek@21:1/5 to da pickle on Thu Dec 14 17:48:26 2023
    On Dec 14, 2023, da pickle wrote
    (in article<d4udnRIoDYSqD-b4nZ2dnZfqlJ9j4p2d@giganews.com>):

    On 12/14/2023 5:16 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<H8ednYzMAup85ub4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/14/2023 3:53 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<eImdnUaXt_vQ-eb4nZ2dnZfqlJz-fwAA@giganews.com>):

    On 12/14/2023 1:34 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<cKmdnY0eeJoqz-b4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/14/2023 12:51 PM, Bill Vanek wrote:
    But Pickle seems to think that no one else has ever thought of this,
    and
    that
    he is the only one with this special insight. That’s why he is
    keeping
    it
    secret...

    No secret ... he who quits with one net win in coin flips is the winner.

    But he does not have an advantage. You are in a group that was intended
    to
    discuss gambling, and “advantage” has an agreed on definition that
    you
    are ignoring. It means +EV, and your made up game is not +EV.

    So, you determine what I mean when I say "advantage" ... I say the person who can quit in a coin game when he is ahead one bet has an "advantage" over someone who wants to play some more.

    No, what you’re saying is that if you make up an artificial and absurd
    game
    where you are very likely to win, then you are very likely to win in that
    game. Who is going to win more bets in blackjack? An expert card counter,
    or
    the house? Does that side have the advantage?

    I did not make up the game or the bet. Don't change the subject.

    Yes, you did make up the bet. If you read what you wrote, you are asking your
    opponent who is fighting 100:1 odds AGAINST him, to *pay* *you* 100 to 1. So
    when you win those 100 times out of 101, you win a total of $10,000. And when
    he wins 1 time out of 101, he wins a total of $100. Were you aware of this? I
    really have no idea, or if you just changed the wording - again - recently. You also said that there have been “several” bets, all offered by you. Why don’t you list them, and tell us why you abandoned each one.

    Or maybe you can just quit pounding on Tim and everyone who agrees with him,
    and just admit that you are being a dick. No need to even explain why. I hate
    his politics, too, but I don’t find that a reason to attack his math.

    I only win once ... whether he wants to deny it or not. You keep
    changes the "rules". I have no idea of what his math might be.

    You would not play the 50/50 game with me for a single $100 chip. I
    would be extremely likely to win your chip... you might win a chip or so
    from me along the way ... but you cannot quit, only I can quit when you
    lose your one chip. That is the only thing that is under discussion.

    You still will not play for the loss of $100 possible when you possibly
    could win thousands ... why not?

    Your brain is broken. The outcome of that single trial might be 50/50, but
    you want 100:1 on that bet. Do you see the problem? The second problem is
    your claim that I could win thousands. How could I do that? You have a $100 bankroll. That’s *your* rule, isn’t it? The third problem is your same claim in parallel with another claim that you are going to play until you are one chip ahead, period. If you will never quit when you are not ahead, I can never collect anything. Are you aware of any of this?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bill Vanek on Thu Dec 14 18:54:14 2023
    On 12/14/2023 5:48 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<d4udnRIoDYSqD-b4nZ2dnZfqlJ9j4p2d@giganews.com>):

    On 12/14/2023 5:16 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<H8ednYzMAup85ub4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/14/2023 3:53 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<eImdnUaXt_vQ-eb4nZ2dnZfqlJz-fwAA@giganews.com>):

    On 12/14/2023 1:34 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<cKmdnY0eeJoqz-b4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/14/2023 12:51 PM, Bill Vanek wrote:
    But Pickle seems to think that no one else has ever thought of this, >>>>>>>>> and
    that
    he is the only one with this special insight. That’s why he is >>>>>>>>> keeping
    it
    secret...

    No secret ... he who quits with one net win in coin flips is the >>>>>>>> winner.

    But he does not have an advantage. You are in a group that was intended >>>>>>> to
    discuss gambling, and “advantage” has an agreed on definition that >>>>>>> you
    are ignoring. It means +EV, and your made up game is not +EV.

    So, you determine what I mean when I say "advantage" ... I say the >>>>>> person who can quit in a coin game when he is ahead one bet has an >>>>>> "advantage" over someone who wants to play some more.

    No, what you’re saying is that if you make up an artificial and absurd >>>>> game
    where you are very likely to win, then you are very likely to win in that >>>>> game. Who is going to win more bets in blackjack? An expert card counter, >>>>> or
    the house? Does that side have the advantage?

    I did not make up the game or the bet. Don't change the subject.

    Yes, you did make up the bet. If you read what you wrote, you are asking >>> your
    opponent who is fighting 100:1 odds AGAINST him, to *pay* *you* 100 to 1. So
    when you win those 100 times out of 101, you win a total of $10,000. And >>> when
    he wins 1 time out of 101, he wins a total of $100. Were you aware of this? >>> I
    really have no idea, or if you just changed the wording - again - recently. >>> You also said that there have been “several” bets, all offered by you. >>> Why don’t you list them, and tell us why you abandoned each one.

    Or maybe you can just quit pounding on Tim and everyone who agrees with him,
    and just admit that you are being a dick. No need to even explain why. I >>> hate
    his politics, too, but I don’t find that a reason to attack his math.

    I only win once ... whether he wants to deny it or not. You keep
    changes the "rules". I have no idea of what his math might be.

    You would not play the 50/50 game with me for a single $100 chip. I
    would be extremely likely to win your chip... you might win a chip or so
    from me along the way ... but you cannot quit, only I can quit when you
    lose your one chip. That is the only thing that is under discussion.

    You still will not play for the loss of $100 possible when you possibly
    could win thousands ... why not?

    Your brain is broken. The outcome of that single trial might be 50/50, but you want 100:1 on that bet. Do you see the problem? The second problem is your claim that I could win thousands. How could I do that? You have a $100 bankroll. That’s *your* rule, isn’t it? The third problem is your same claim in parallel with another claim that you are going to play until you are one chip ahead, period. If you will never quit when you are not ahead, I can never collect anything. Are you aware of any of this?

    You are confused. There were many variations on the proposed bet(s).

    The ORIGINAL comment was I will win if we play Say Red (a 50/50 game) [substitute any coin flip stuff you want] if I walk away with one net win.

    That is all. No limit on my bankroll at all. That is the whole thing.

    It was a worthless discussion when we were trading $1 back and forth
    (that is if I did not win the first play) ... wasn't worth anything.

    Things changed completely when I wanted to play for a single $100 win.
    It started to be more interesting.

    Will you play me for a $100 a play? Only I get to stop.

    [My position still is that the player that can stop has an "advantage".]

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Vanek@21:1/5 to da pickle on Thu Dec 14 19:21:46 2023
    On Dec 14, 2023, da pickle wrote
    (in article<zhydna7an51fPub4nZ2dnZfqlJ9j4p2d@giganews.com>):

    On 12/14/2023 5:48 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<d4udnRIoDYSqD-b4nZ2dnZfqlJ9j4p2d@giganews.com>):

    On 12/14/2023 5:16 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<H8ednYzMAup85ub4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/14/2023 3:53 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<eImdnUaXt_vQ-eb4nZ2dnZfqlJz-fwAA@giganews.com>):

    On 12/14/2023 1:34 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<cKmdnY0eeJoqz-b4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/14/2023 12:51 PM, Bill Vanek wrote:
    But Pickle seems to think that no one else has ever thought of this,
    and
    that
    he is the only one with this special insight. That’s why he is
    keeping
    it
    secret...

    No secret ... he who quits with one net win in coin flips is the
    winner.

    But he does not have an advantage. You are in a group that was intended
    to
    discuss gambling, and “advantage” has an agreed on definition that
    you
    are ignoring. It means +EV, and your made up game is not +EV.

    So, you determine what I mean when I say "advantage" ... I say the
    person who can quit in a coin game when he is ahead one bet has an
    "advantage" over someone who wants to play some more.

    No, what you’re saying is that if you make up an artificial and absurd
    game
    where you are very likely to win, then you are very likely to win in
    that
    game. Who is going to win more bets in blackjack? An expert card counter,
    or
    the house? Does that side have the advantage?

    I did not make up the game or the bet. Don't change the subject.

    Yes, you did make up the bet. If you read what you wrote, you are asking
    your
    opponent who is fighting 100:1 odds AGAINST him, to *pay* *you* 100 to 1.
    So
    when you win those 100 times out of 101, you win a total of $10,000. And
    when
    he wins 1 time out of 101, he wins a total of $100. Were you aware of this?
    I
    really have no idea, or if you just changed the wording - again - recently.
    You also said that there have been “several” bets, all offered by you.
    Why don’t you list them, and tell us why you abandoned each one.

    Or maybe you can just quit pounding on Tim and everyone who agrees with him,
    and just admit that you are being a dick. No need to even explain why. I
    hate
    his politics, too, but I don’t find that a reason to attack his math.

    I only win once ... whether he wants to deny it or not. You keep
    changes the "rules". I have no idea of what his math might be.

    You would not play the 50/50 game with me for a single $100 chip. I
    would be extremely likely to win your chip... you might win a chip or so from me along the way ... but you cannot quit, only I can quit when you lose your one chip. That is the only thing that is under discussion.

    You still will not play for the loss of $100 possible when you possibly could win thousands ... why not?

    Your brain is broken. The outcome of that single trial might be 50/50, but you want 100:1 on that bet. Do you see the problem? The second problem is your claim that I could win thousands. How could I do that? You have a $100 bankroll. That’s *your* rule, isn’t it? The third problem is your same claim in parallel with another claim that you are going to play until you are
    one chip ahead, period. If you will never quit when you are not ahead, I can
    never collect anything. Are you aware of any of this?

    You are confused. There were many variations on the proposed bet(s).

    The ORIGINAL comment was I will win if we play Say Red (a 50/50 game) [substitute any coin flip stuff you want] if I walk away with one net win.

    That is all. No limit on my bankroll at all. That is the whole thing.

    It was a worthless discussion when we were trading $1 back and forth
    (that is if I did not win the first play) ... wasn't worth anything.

    Things changed completely when I wanted to play for a single $100 win.
    It started to be more interesting.

    Will you play me for a $100 a play? Only I get to stop.

    [My position still is that the player that can stop has an "advantage”.]

    Well, there you go. Your original claim as I remember it was that you could
    win every time in say red, but it kept evolving into more convoluted nonsense as you were proven wrong, and wouldn’t admit it. So let’s focus on that alone. But we need you to finally concede that there is no reason that you
    will always get ahead in any even money game, at least in real life. The probability is very high that you will, but outside of that, you have to
    start talking infinity, and that has no place when talking about “advantage” in the accepted sense. Telling someone you can quit as soon
    as you are ahead, and that he can never quit, is a game that exists only in your imagination. So congratulations, you have an even money game right there in your imagination where you have what meets your also imaginary definition
    of “advantage”. And all this just to try to prove Tim wrong because you don’t like his politics.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to VegasJerry on Fri Dec 15 07:22:23 2023
    On 12/14/2023 7:19 PM, VegasJerry wrote:
    On Thursday, December 14, 2023 at 11:56:34 AM UTC-8, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<n6ydnQkAu-hTYuf4...@giganews.com>):
    On 12/13/2023 6:15 PM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote

    You are so correct ... are you in for my offer to play. You only need >>>>> one hundred. You could win my entire net worth.

    Why do you repeatedly ask everyone here that question that you think is some
    sort of gotcha? It’s not a gotcha by any means. It’s a waste of time. >>>> It’s an even money bet inside of a risk of ruin wrapper that you have >>>> arbitrarily structured at 100:1. BTW, I really believe that you have very >>>> little concept of your risk. I have run the simulations, so I know the >>>> answer, but what do you think is the chance that you will never get ahead >>>> one
    bet in a series of 1,000 even money bets? I ran 1000 simulations of that. >>>> How
    many of those 1,000 do you suppose left you less than one bet ahead? You can
    do that calculation with math, too, but I doubt you bothered.

    I cannot "do the math" that "you" did ... you did not show the math so I >>> cannot comment on what you did.

    You fail to understand the "bet" (or bets, there have been several).

    I will limit my "bankroll" to $100 ... you only need one dollar. I bet
    you my hundred that you will lose your one. We play until I either win
    your dollar and you pay me $100 or you win my $100.

    Now you see why Tim ran away from the bet.
    WTF? I decided to reread this after I noticed that “there have been
    several” above. In one place you say I only need one dollar. But two
    sentences down, I have to pay you $100. So do I need one dollar, or one
    hundred? WTF are you doing?
    .

    He's still trying to dodge his embarrassments. He's to the childish point now where he
    HAS to "Dodge and post last." ... 'If you post last, you're right.'

    You cannot read either, Jerry. I can only "net" one $100 chip from him
    ... he can win a hundred $100 chips from me.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to da pickle on Fri Dec 15 08:10:24 2023
    On 12/15/2023 7:22 AM, da pickle wrote:
    On 12/14/2023 7:19 PM, VegasJerry wrote:
    On Thursday, December 14, 2023 at 11:56:34 AM UTC-8, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<n6ydnQkAu-hTYuf4...@giganews.com>):
    On 12/13/2023 6:15 PM, Bill Vanek wrote:
    On Dec 13, 2023, da pickle wrote

    You are so correct ... are you in for my offer to play. You only need >>>>>> one hundred. You could win my entire net worth.

    Why do you repeatedly ask everyone here that question that you
    think is some
    sort of gotcha? It’s not a gotcha by any means. It’s a waste of time. >>>>> It’s an even money bet inside of a risk of ruin wrapper that you have >>>>> arbitrarily structured at 100:1. BTW, I really believe that you
    have very
    little concept of your risk. I have run the simulations, so I know the >>>>> answer, but what do you think is the chance that you will never get
    ahead
    one
    bet in a series of 1,000 even money bets? I ran 1000 simulations of
    that.
    How
    many of those 1,000 do you suppose left you less than one bet
    ahead? You can
    do that calculation with math, too, but I doubt you bothered.

    I cannot "do the math" that "you" did ... you did not show the math
    so I
    cannot comment on what you did.

    You fail to understand the "bet" (or bets, there have been several).

    I will limit my "bankroll" to $100 ... you only need one dollar. I bet >>>> you my hundred that you will lose your one. We play until I either win >>>> your dollar and you pay me $100 or you win my $100.

    Now you see why Tim ran away from the bet.
    WTF? I decided to reread this after I noticed that “there have been
    several” above. In one place you say I only need one dollar. But two
    sentences down, I have to pay you $100. So do I need one dollar, or one
    hundred? WTF are you doing?
    .

    He's still trying to dodge his embarrassments. He's to the childish
    point now where he
    HAS to "Dodge and post last." ... 'If you post last, you're right.'

    You cannot read either, Jerry.  I can only "net" one $100 chip from him
    ... he can win a hundred $100 chips from me.

    Sorry, I misread which post to which you were responding ... that was
    the $1 chip start post. That is a totally different offer from the one originally. I bet him $100 that I would get ahead a net $1 if I limited
    my bankroll to $100. If I eventually get his $1 (maybe on the first try
    ... or hopefully for me, before I run out of money) I will have $101 and
    he owes me $100. If he wins my $100 ... he has $101. I lost and he got
    $100 from me. It was much later than the original bet wherein I only
    net $1 in the whole thing. [Of later, $100 with him starting with a
    $100 chip and he does not know my bankroll. It is hard to keep up with
    his dodges.]

    So, now you know, will you play for a single $100 chip but you cannot
    quit when you are ahead ... even if you win the first game?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bill Vanek on Fri Dec 15 08:10:38 2023
    On 12/14/2023 7:21 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<zhydna7an51fPub4nZ2dnZfqlJ9j4p2d@giganews.com>):

    On 12/14/2023 5:48 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<d4udnRIoDYSqD-b4nZ2dnZfqlJ9j4p2d@giganews.com>):

    On 12/14/2023 5:16 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<H8ednYzMAup85ub4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/14/2023 3:53 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<eImdnUaXt_vQ-eb4nZ2dnZfqlJz-fwAA@giganews.com>):

    On 12/14/2023 1:34 PM, Bill Vanek wrote:
    On Dec 14, 2023, da pickle wrote
    (in article<cKmdnY0eeJoqz-b4nZ2dnZfqlJxj4p2d@giganews.com>): >>>>>>>>>
    On 12/14/2023 12:51 PM, Bill Vanek wrote:
    But Pickle seems to think that no one else has ever thought of this,
    and
    that
    he is the only one with this special insight. That’s why he is >>>>>>>>>>> keeping
    it
    secret...

    No secret ... he who quits with one net win in coin flips is the >>>>>>>>>> winner.

    But he does not have an advantage. You are in a group that was >>>>>>>>> intended
    to
    discuss gambling, and “advantage” has an agreed on definition that
    you
    are ignoring. It means +EV, and your made up game is not +EV. >>>>>>>>
    So, you determine what I mean when I say "advantage" ... I say the >>>>>>>> person who can quit in a coin game when he is ahead one bet has an >>>>>>>> "advantage" over someone who wants to play some more.

    No, what you’re saying is that if you make up an artificial and absurd
    game
    where you are very likely to win, then you are very likely to win in >>>>>>> that
    game. Who is going to win more bets in blackjack? An expert card >>>>>>> counter,
    or
    the house? Does that side have the advantage?

    I did not make up the game or the bet. Don't change the subject.

    Yes, you did make up the bet. If you read what you wrote, you are asking >>>>> your
    opponent who is fighting 100:1 odds AGAINST him, to *pay* *you* 100 to 1. >>>>> So
    when you win those 100 times out of 101, you win a total of $10,000. And >>>>> when
    he wins 1 time out of 101, he wins a total of $100. Were you aware of >>>>> this?
    I
    really have no idea, or if you just changed the wording - again -
    recently.
    You also said that there have been “several” bets, all offered by you.
    Why don’t you list them, and tell us why you abandoned each one.

    Or maybe you can just quit pounding on Tim and everyone who agrees with >>>>> him,
    and just admit that you are being a dick. No need to even explain why. I >>>>> hate
    his politics, too, but I don’t find that a reason to attack his math. >>>>
    I only win once ... whether he wants to deny it or not. You keep
    changes the "rules". I have no idea of what his math might be.

    You would not play the 50/50 game with me for a single $100 chip. I
    would be extremely likely to win your chip... you might win a chip or so >>>> from me along the way ... but you cannot quit, only I can quit when you >>>> lose your one chip. That is the only thing that is under discussion.

    You still will not play for the loss of $100 possible when you possibly >>>> could win thousands ... why not?

    Your brain is broken. The outcome of that single trial might be 50/50, but >>> you want 100:1 on that bet. Do you see the problem? The second problem is >>> your claim that I could win thousands. How could I do that? You have a $100 >>> bankroll. That’s *your* rule, isn’t it? The third problem is your same >>> claim in parallel with another claim that you are going to play until you >>> are
    one chip ahead, period. If you will never quit when you are not ahead, I can
    never collect anything. Are you aware of any of this?

    You are confused. There were many variations on the proposed bet(s).

    The ORIGINAL comment was I will win if we play Say Red (a 50/50 game)
    [substitute any coin flip stuff you want] if I walk away with one net win. >>
    That is all. No limit on my bankroll at all. That is the whole thing.

    It was a worthless discussion when we were trading $1 back and forth
    (that is if I did not win the first play) ... wasn't worth anything.

    Things changed completely when I wanted to play for a single $100 win.
    It started to be more interesting.

    Will you play me for a $100 a play? Only I get to stop.

    [My position still is that the player that can stop has an "advantage”.]

    Well, there you go. Your original claim as I remember it was that you could win every time in say red, but it kept evolving into more convoluted nonsense as you were proven wrong, and wouldn’t admit it. So let’s focus on that alone. But we need you to finally concede that there is no reason that you will always get ahead in any even money game, at least in real life. The probability is very high that you will, but outside of that, you have to start talking infinity, and that has no place when talking about “advantage” in the accepted sense. Telling someone you can quit as soon as you are ahead, and that he can never quit, is a game that exists only in your imagination. So congratulations, you have an even money game right there in your imagination where you have what meets your also imaginary definition of “advantage”. And all this just to try to prove Tim wrong because you don’t like his politics.

    I am not concerned about Tim's politics. I am concerned about your understanding of what I meant when I said "advantage" and "every time".

    I tried to make it clear that it is the size of the bet that "changed"
    Tim's understanding of what I meant. You seem to not "get it" yet
    either. If we are playing for a dollar ... winning one net chip one
    time is not really important. (I am not talking about any other time ...
    there is only ONE TIME. My ONE TIME is "every single time I play him"
    and I only play once ... the next guy in line can play him next.)

    When I raise the bet to $100 ... even you admit there is a "very high" probability that I will get "ahead" (you did not mention it is only one
    net bet) ... that one net bet is too much for Tim ... you too.

    My original bet was that I would quit every time when I won one net bet
    but he could not quit while he was ahead. He is the "house" of the
    roulette wheel with no zeros. I win $1 and walk away. It is a short
    time. You would step up to that wheel if you only wanted to net one bet
    one time.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Vanek@21:1/5 to da pickle on Fri Dec 15 11:56:05 2023
    On Dec 15, 2023, da pickle wrote
    (in article<JoKdnWCQM5P1w-H4nZ2dnZfqlJz-fwAA@giganews.com>):

    I am not concerned about Tim's politics. I am concerned about your understanding of what I meant when I said "advantage" and "every time".

    “Every time” has one meaning, unless you decided to change that, too. I accept only the real meaning of that. “Advantage" has definitions related
    to context. If you want to discuss gambling outcome probabilities, it means only +EV. If you want to use a different definition, that’s fine, but you won’t be taken seriously, and you are probably aware that you are not being taken seriously.

    I tried to make it clear that it is the size of the bet that "changed"
    Tim's understanding of what I meant.

    You keep talking about trying to make things clear, but you have totally failed. In your replies to Jerry, what is clear that even you can’t keep up with your ever changing bets, so I am sticking with the first bet.

    You seem to not "get it" yet
    either. If we are playing for a dollar ... winning one net chip one
    time is not really important.

    Important to what? If you are trying to have a serious probability
    discussion, the dollar amount is X. The value should mean nothing.

    (I am not talking about any other time ...
    there is only ONE TIME. My ONE TIME is "every single time I play him"
    and I only play once ... the next guy in line can play him next.)

    When I raise the bet to $100 ... even you admit there is a "very high" probability that I will get "ahead" (you did not mention it is only one
    net bet) ... that one net bet is too much for Tim ... you too.

    WTF are you talking about? If you are talking about that $100 add on to the basic bet, where you get a fucking 100:1 payoff on a bet where you are
    actually a 100:1 *favorite*, that does not change the probability of
    anything, it just makes the EV so absurdly bad that the game is unplayable.
    If you are talking about constant $100 bets for both players, and you don’t seem to know based on your replies to Jerry, that changes nothing except the required dollar value of the bankroll.

    My original bet was that I would quit every time when I won one net bet
    but he could not quit while he was ahead. He is the "house" of the
    roulette wheel with no zeros.

    And I have pointed out that the house can indeed walk away any time they
    want. This whole thing exists only in your imagination. If you want to call
    it all hypothetical, that’s fine, too, because the game remains 0 EV. That means in conventional terms that you have zero advantage.
    I win $1 and walk away. It is a short
    time.

    Why do you say it is a short time? That seems to be the root of your logic failure. I told you I run sims where the player never gets ahead in thousands of trials. And it does not matter how many trials I choose, there will always be some where the player does not get ahead.
    You would step up to that wheel if you only wanted to net one bet
    one time.

    And that thinking is the reason the small martingale will live on forever
    with people like you. In spite of your denials, there is no effective difference in your brilliant method.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bill Vanek on Fri Dec 15 13:23:28 2023
    On 12/15/2023 11:56 AM, Bill Vanek wrote:
    On Dec 15, 2023, da pickle wrote
    (in article<JoKdnWCQM5P1w-H4nZ2dnZfqlJz-fwAA@giganews.com>):

    I am not concerned about Tim's politics. I am concerned about your
    understanding of what I meant when I said "advantage" and "every time".

    “Every time” has one meaning, unless you decided to change that, too. I accept only the real meaning of that. “Advantage" has definitions related to context. If you want to discuss gambling outcome probabilities, it means only +EV. If you want to use a different definition, that’s fine, but you won’t be taken seriously, and you are probably aware that you are not being taken seriously.

    "Every time" does have one meaning. For me, I am only playing ONE TIME.
    After I win, you can look back and agree that was every time I played.

    I tried to make it clear that it is the size of the bet that "changed"
    Tim's understanding of what I meant.

    You keep talking about trying to make things clear, but you have totally failed. In your replies to Jerry, what is clear that even you can’t keep up with your ever changing bets, so I am sticking with the first bet.

    The first bet is the only bet that matters. I said I had an advantage;
    Tim said I did not. I then offered to play for a single win of single
    $100 chip ... that is when Tim realized I did have an "advantage"
    (extremely good odds) of winning that $100 chip. I might win the first
    time we played. If he won, if he could quit, he would be the winner.
    But he cannot quit, only I can quit. That was and is the bet.

    Do you think I have really good odds of getting ahead one bet?


    You seem to not "get it" yet
    either. If we are playing for a dollar ... winning one net chip one
    time is not really important.

    Important to what? If you are trying to have a serious probability discussion, the dollar amount is X. The value should mean nothing.

    It only means something when the loss is only $1 ... when it is $100,
    the not definite but really serious advantage become "worth it".


    (I am not talking about any other time ...
    there is only ONE TIME. My ONE TIME is "every single time I play him"
    and I only play once ... the next guy in line can play him next.)

    When I raise the bet to $100 ... even you admit there is a "very high"
    probability that I will get "ahead" (you did not mention it is only one
    net bet) ... that one net bet is too much for Tim ... you too.

    WTF are you talking about? If you are talking about that $100 add on to the basic bet, where you get a fucking 100:1 payoff on a bet where you are actually a 100:1 *favorite*, that does not change the probability of anything, it just makes the EV so absurdly bad that the game is unplayable. If you are talking about constant $100 bets for both players, and you don’t seem to know based on your replies to Jerry, that changes nothing except the required dollar value of the bankroll.

    That was later, not important. Forget that ... no one would take that
    bet. But will you play for just $100 loss possibility? All you can
    lose is $100. Will you play or do you think that he odds are that I
    might net $100 and quit playing.


    My original bet was that I would quit every time when I won one net bet
    but he could not quit while he was ahead. He is the "house" of the
    roulette wheel with no zeros.

    And I have pointed out that the house can indeed walk away any time they want. This whole thing exists only in your imagination. If you want to call it all hypothetical, that’s fine, too, because the game remains 0 EV. That means in conventional terms that you have zero advantage.

    You can point out whatever you want ... in my original bet, I walk away
    when I win a net one bet. That is where I have an advantage. Will you
    play for a possible $100 loss? You could win a lot if I run out of $100's.

    I win $1 and walk away. It is a short
    time.

    Why do you say it is a short time? That seems to be the root of your logic failure. I told you I run sims where the player never gets ahead in thousands of trials. And it does not matter how many trials I choose, there will always be some where the player does not get ahead.

    That is true ... I agree ... will you take that chance? I can only win
    $100 ... you could win a lot more than that if I run out of money. What
    are your odds of winning all my money?

    You would step up to that wheel if you only wanted to net one bet
    one time.

    And that thinking is the reason the small martingale will live on forever with people like you. In spite of your denials, there is no effective difference in your brilliant method.

    No Martingale ... just one bet at a time. I win the first bet, I am
    gone with your $100. I lose and you have $200, I must try to win again
    to get "even" ... you may get ahead two bets ... but then you might get
    back to only that one ahead ... then you might win again and be ahead
    two and on and on ... but never does it go back "the other" way ... and
    I leave with your $100 or I run out of my entire life savings. You
    could really do well. Want to try it? Run the statistics on how often
    coin flips just go back and forth ... back and forth ... how often does
    one player (and/or the "other") player get one net bet ahead? How often?

    I believe you are really thinking about this and I value your opinion.
    But there is no Martingale going on here.





    --
    This email has been checked for viruses by AVG antivirus software.
    www.avg.com

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Vanek@21:1/5 to da pickle on Fri Dec 15 14:52:33 2023
    On Dec 15, 2023, da pickle wrote
    (in article<M3udnTai0OIsOuH4nZ2dnZfqlJ9j4p2d@giganews.com>):

    On 12/15/2023 11:56 AM, Bill Vanek wrote:
    On Dec 15, 2023, da pickle wrote
    (in article<JoKdnWCQM5P1w-H4nZ2dnZfqlJz-fwAA@giganews.com>):

    I am not concerned about Tim's politics. I am concerned about your understanding of what I meant when I said "advantage" and "every time".

    “Every time” has one meaning, unless you decided to change that, too. I accept only the real meaning of that. “Advantage" has definitions related to context. If you want to discuss gambling outcome probabilities, it means only +EV. If you want to use a different definition, that’s fine, but you won’t be taken seriously, and you are probably aware that you are not being
    taken seriously.

    "Every time" does have one meaning. For me, I am only playing ONE TIME.
    After I win, you can look back and agree that was every time I played.

    I tried to make it clear that it is the size of the bet that "changed" Tim's understanding of what I meant.

    You keep talking about trying to make things clear, but you have totally failed. In your replies to Jerry, what is clear that even you can’t keep up
    with your ever changing bets, so I am sticking with the first bet.

    The first bet is the only bet that matters. I said I had an advantage;
    Tim said I did not. I then offered to play for a single win of single
    $100 chip ... that is when Tim realized I did have an "advantage"
    (extremely good odds) of winning that $100 chip. I might win the first
    time we played. If he won, if he could quit, he would be the winner.
    But he cannot quit, only I can quit. That was and is the bet.

    Do you think I have really good odds of getting ahead one bet?

    You seem to not "get it" yet
    either. If we are playing for a dollar ... winning one net chip one
    time is not really important.

    Important to what? If you are trying to have a serious probability discussion, the dollar amount is X. The value should mean nothing.

    It only means something when the loss is only $1 ... when it is $100,
    the not definite but really serious advantage become "worth it".

    (I am not talking about any other time ...
    there is only ONE TIME. My ONE TIME is "every single time I play him"
    and I only play once ... the next guy in line can play him next.)

    When I raise the bet to $100 ... even you admit there is a "very high" probability that I will get "ahead" (you did not mention it is only one net bet) ... that one net bet is too much for Tim ... you too.

    WTF are you talking about? If you are talking about that $100 add on to the basic bet, where you get a fucking 100:1 payoff on a bet where you are actually a 100:1 *favorite*, that does not change the probability of anything, it just makes the EV so absurdly bad that the game is unplayable. If you are talking about constant $100 bets for both players, and you don’t
    seem to know based on your replies to Jerry, that changes nothing except the
    required dollar value of the bankroll.

    That was later, not important. Forget that ... no one would take that
    bet. But will you play for just $100 loss possibility? All you can
    lose is $100. Will you play or do you think that he odds are that I
    might net $100 and quit playing.

    My original bet was that I would quit every time when I won one net bet but he could not quit while he was ahead. He is the "house" of the roulette wheel with no zeros.

    And I have pointed out that the house can indeed walk away any time they want. This whole thing exists only in your imagination. If you want to call it all hypothetical, that’s fine, too, because the game remains 0 EV. That
    means in conventional terms that you have zero advantage.

    You can point out whatever you want ... in my original bet, I walk away
    when I win a net one bet. That is where I have an advantage. Will you
    play for a possible $100 loss? You could win a lot if I run out of $100's.

    I win $1 and walk away. It is a short
    time.

    Why do you say it is a short time? That seems to be the root of your logic failure. I told you I run sims where the player never gets ahead in thousands
    of trials. And it does not matter how many trials I choose, there will always
    be some where the player does not get ahead.

    That is true ... I agree ... will you take that chance? I can only win
    $100 ... you could win a lot more than that if I run out of money. What
    are your odds of winning all my money?

    You would step up to that wheel if you only wanted to net one bet
    one time.

    And that thinking is the reason the small martingale will live on forever with people like you. In spite of your denials, there is no effective difference in your brilliant method.

    No Martingale ... just one bet at a time. I win the first bet, I am
    gone with your $100. I lose and you have $200, I must try to win again
    to get "even" ... you may get ahead two bets ... but then you might get
    back to only that one ahead ... then you might win again and be ahead
    two and on and on ... but never does it go back "the other" way ... and
    I leave with your $100 or I run out of my entire life savings. You
    could really do well. Want to try it? Run the statistics on how often
    coin flips just go back and forth ... back and forth ... how often does
    one player (and/or the "other") player get one net bet ahead? How often?

    I believe you are really thinking about this and I value your opinion.
    But there is no Martingale going on here.

    Before I reply to the whole post, please define “advantage”. Clearly.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bill Vanek on Sat Dec 16 06:29:47 2023
    On 12/15/2023 2:52 PM, Bill Vanek wrote:
    On Dec 15, 2023, da pickle wrote
    (in article<M3udnTai0OIsOuH4nZ2dnZfqlJ9j4p2d@giganews.com>):

    On 12/15/2023 11:56 AM, Bill Vanek wrote:
    On Dec 15, 2023, da pickle wrote
    (in article<JoKdnWCQM5P1w-H4nZ2dnZfqlJz-fwAA@giganews.com>):

    I am not concerned about Tim's politics. I am concerned about your
    understanding of what I meant when I said "advantage" and "every time". >>>
    “Every time” has one meaning, unless you decided to change that, too. I >>> accept only the real meaning of that. “Advantage" has definitions related >>> to context. If you want to discuss gambling outcome probabilities, it means >>> only +EV. If you want to use a different definition, that’s fine, but you >>> won’t be taken seriously, and you are probably aware that you are not
    being
    taken seriously.

    "Every time" does have one meaning. For me, I am only playing ONE TIME.
    After I win, you can look back and agree that was every time I played.

    I tried to make it clear that it is the size of the bet that "changed" >>>> Tim's understanding of what I meant.

    You keep talking about trying to make things clear, but you have totally >>> failed. In your replies to Jerry, what is clear that even you can’t keep >>> up
    with your ever changing bets, so I am sticking with the first bet.

    The first bet is the only bet that matters. I said I had an advantage;
    Tim said I did not. I then offered to play for a single win of single
    $100 chip ... that is when Tim realized I did have an "advantage"
    (extremely good odds) of winning that $100 chip. I might win the first
    time we played. If he won, if he could quit, he would be the winner.
    But he cannot quit, only I can quit. That was and is the bet.

    Do you think I have really good odds of getting ahead one bet?

    You seem to not "get it" yet
    either. If we are playing for a dollar ... winning one net chip one
    time is not really important.

    Important to what? If you are trying to have a serious probability
    discussion, the dollar amount is X. The value should mean nothing.

    It only means something when the loss is only $1 ... when it is $100,
    the not definite but really serious advantage become "worth it".

    (I am not talking about any other time ...
    there is only ONE TIME. My ONE TIME is "every single time I play him"
    and I only play once ... the next guy in line can play him next.)

    When I raise the bet to $100 ... even you admit there is a "very high" >>>> probability that I will get "ahead" (you did not mention it is only one >>>> net bet) ... that one net bet is too much for Tim ... you too.

    WTF are you talking about? If you are talking about that $100 add on to the >>> basic bet, where you get a fucking 100:1 payoff on a bet where you are
    actually a 100:1 *favorite*, that does not change the probability of
    anything, it just makes the EV so absurdly bad that the game is unplayable. >>> If you are talking about constant $100 bets for both players, and you
    don’t
    seem to know based on your replies to Jerry, that changes nothing except the
    required dollar value of the bankroll.

    That was later, not important. Forget that ... no one would take that
    bet. But will you play for just $100 loss possibility? All you can
    lose is $100. Will you play or do you think that he odds are that I
    might net $100 and quit playing.

    My original bet was that I would quit every time when I won one net bet >>>> but he could not quit while he was ahead. He is the "house" of the
    roulette wheel with no zeros.

    And I have pointed out that the house can indeed walk away any time they >>> want. This whole thing exists only in your imagination. If you want to call >>> it all hypothetical, that’s fine, too, because the game remains 0 EV. That
    means in conventional terms that you have zero advantage.

    You can point out whatever you want ... in my original bet, I walk away
    when I win a net one bet. That is where I have an advantage. Will you
    play for a possible $100 loss? You could win a lot if I run out of $100's. >>
    I win $1 and walk away. It is a short
    time.

    Why do you say it is a short time? That seems to be the root of your logic >>> failure. I told you I run sims where the player never gets ahead in
    thousands
    of trials. And it does not matter how many trials I choose, there will
    always
    be some where the player does not get ahead.

    That is true ... I agree ... will you take that chance? I can only win
    $100 ... you could win a lot more than that if I run out of money. What
    are your odds of winning all my money?

    You would step up to that wheel if you only wanted to net one bet
    one time.

    And that thinking is the reason the small martingale will live on forever >>> with people like you. In spite of your denials, there is no effective
    difference in your brilliant method.

    No Martingale ... just one bet at a time. I win the first bet, I am
    gone with your $100. I lose and you have $200, I must try to win again
    to get "even" ... you may get ahead two bets ... but then you might get
    back to only that one ahead ... then you might win again and be ahead
    two and on and on ... but never does it go back "the other" way ... and
    I leave with your $100 or I run out of my entire life savings. You
    could really do well. Want to try it? Run the statistics on how often
    coin flips just go back and forth ... back and forth ... how often does
    one player (and/or the "other") player get one net bet ahead? How often?

    I believe you are really thinking about this and I value your opinion.
    But there is no Martingale going on here.

    Before I reply to the whole post, please define “advantage”. Clearly.

    If we play a coin flipping game, I think I have an "advantage" if I quit
    when I get one net win ahead ... even if it is on the first flip.

    If the "net" is a penny, it not "worth" playing at all or continuing to
    "maybe" being two bets ahead.

    Raise the bet "enough" and it is "worth" playing ... it is not likely
    that the back and forth will not result in both players being one net
    bet ahead ... if the bet is worth it, the very high odds of getting one
    net bet ahead is worth the remote risk of ruin. Even playing for
    pennies "might" cost you thousands of dollars, if you think your
    opponent "might" get all those pennies. How likely is that to happen?

    What are the odd that one side in coin flips gets a net hundred bets
    ahead before the other side got one net bet ahead?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Vanek@21:1/5 to da pickle on Sat Dec 16 10:24:35 2023
    On Dec 16, 2023, da pickle wrote
    (in article<a_CdnXQ788LbBeD4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/15/2023 2:52 PM, Bill Vanek wrote:
    On Dec 15, 2023, da pickle wrote
    (in article<M3udnTai0OIsOuH4nZ2dnZfqlJ9j4p2d@giganews.com>):

    On 12/15/2023 11:56 AM, Bill Vanek wrote:
    On Dec 15, 2023, da pickle wrote
    (in article<JoKdnWCQM5P1w-H4nZ2dnZfqlJz-fwAA@giganews.com>):

    I am not concerned about Tim's politics. I am concerned about your understanding of what I meant when I said "advantage" and "every time".

    “Every time” has one meaning, unless you decided to change that, too.
    I
    accept only the real meaning of that. “Advantage" has definitions related
    to context. If you want to discuss gambling outcome probabilities, it means
    only +EV. If you want to use a different definition, that’s fine, but you
    won’t be taken seriously, and you are probably aware that you are not being
    taken seriously.

    "Every time" does have one meaning. For me, I am only playing ONE TIME. After I win, you can look back and agree that was every time I played.

    I tried to make it clear that it is the size of the bet that "changed"
    Tim's understanding of what I meant.

    You keep talking about trying to make things clear, but you have totally
    failed. In your replies to Jerry, what is clear that even you can’t keep
    up
    with your ever changing bets, so I am sticking with the first bet.

    The first bet is the only bet that matters. I said I had an advantage; Tim said I did not. I then offered to play for a single win of single $100 chip ... that is when Tim realized I did have an "advantage" (extremely good odds) of winning that $100 chip. I might win the first time we played. If he won, if he could quit, he would be the winner.
    But he cannot quit, only I can quit. That was and is the bet.

    Do you think I have really good odds of getting ahead one bet?

    You seem to not "get it" yet
    either. If we are playing for a dollar ... winning one net chip one time is not really important.

    Important to what? If you are trying to have a serious probability discussion, the dollar amount is X. The value should mean nothing.

    It only means something when the loss is only $1 ... when it is $100,
    the not definite but really serious advantage become "worth it".

    (I am not talking about any other time ...
    there is only ONE TIME. My ONE TIME is "every single time I play him" and I only play once ... the next guy in line can play him next.)

    When I raise the bet to $100 ... even you admit there is a "very high"
    probability that I will get "ahead" (you did not mention it is only one
    net bet) ... that one net bet is too much for Tim ... you too.

    WTF are you talking about? If you are talking about that $100 add on to the
    basic bet, where you get a fucking 100:1 payoff on a bet where you are actually a 100:1 *favorite*, that does not change the probability of anything, it just makes the EV so absurdly bad that the game is unplayable.
    If you are talking about constant $100 bets for both players, and you don’t
    seem to know based on your replies to Jerry, that changes nothing except
    the
    required dollar value of the bankroll.

    That was later, not important. Forget that ... no one would take that bet. But will you play for just $100 loss possibility? All you can
    lose is $100. Will you play or do you think that he odds are that I
    might net $100 and quit playing.

    My original bet was that I would quit every time when I won one net bet
    but he could not quit while he was ahead. He is the "house" of the roulette wheel with no zeros.

    And I have pointed out that the house can indeed walk away any time they
    want. This whole thing exists only in your imagination. If you want to call
    it all hypothetical, that’s fine, too, because the game remains 0 EV. That
    means in conventional terms that you have zero advantage.

    You can point out whatever you want ... in my original bet, I walk away when I win a net one bet. That is where I have an advantage. Will you play for a possible $100 loss? You could win a lot if I run out of $100's.

    I win $1 and walk away. It is a short
    time.

    Why do you say it is a short time? That seems to be the root of your logic
    failure. I told you I run sims where the player never gets ahead in thousands
    of trials. And it does not matter how many trials I choose, there will always
    be some where the player does not get ahead.

    That is true ... I agree ... will you take that chance? I can only win $100 ... you could win a lot more than that if I run out of money. What are your odds of winning all my money?

    You would step up to that wheel if you only wanted to net one bet
    one time.

    And that thinking is the reason the small martingale will live on forever
    with people like you. In spite of your denials, there is no effective difference in your brilliant method.

    No Martingale ... just one bet at a time. I win the first bet, I am
    gone with your $100. I lose and you have $200, I must try to win again
    to get "even" ... you may get ahead two bets ... but then you might get back to only that one ahead ... then you might win again and be ahead
    two and on and on ... but never does it go back "the other" way ... and
    I leave with your $100 or I run out of my entire life savings. You
    could really do well. Want to try it? Run the statistics on how often coin flips just go back and forth ... back and forth ... how often does one player (and/or the "other") player get one net bet ahead? How often?

    I believe you are really thinking about this and I value your opinion. But there is no Martingale going on here.

    Before I reply to the whole post, please define “advantage”. Clearly.

    If we play a coin flipping game, I think I have an "advantage" if I quit
    when I get one net win ahead ... even if it is on the first flip.

    If the "net" is a penny, it not "worth" playing at all or continuing to "maybe" being two bets ahead.

    Raise the bet "enough" and it is "worth" playing ... it is not likely
    that the back and forth will not result in both players being one net
    bet ahead ... if the bet is worth it, the very high odds of getting one
    net bet ahead is worth the remote risk of ruin. Even playing for
    pennies "might" cost you thousands of dollars, if you think your
    opponent "might" get all those pennies. How likely is that to happen?

    Good lord. I asked for a clear definition of a single word, and all that mess above is your reply? You cannot form the definition of a single word around a discrete situation and still call it a definition of the word. You believe otherwise, so no wonder you are so confused.

    What are the odd that one side in coin flips gets a net hundred bets
    ahead before the other side got one net bet ahead?

    Good lord again... that EXACT question has been answered repeatedly and
    clearly by both me and Tim. You have become Jerry. You ask a question, you
    get a very clear answer, and then you ask the question again repeatedly as if it has never been answered. You simply ignore the answer, and then go on and
    on with your illogical claims. Whatever.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bill Vanek on Sat Dec 16 12:25:29 2023
    On 12/16/2023 10:24 AM, Bill Vanek wrote:
    On Dec 16, 2023, da pickle wrote
    (in article<a_CdnXQ788LbBeD4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/15/2023 2:52 PM, Bill Vanek wrote:
    Before I reply to the whole post, please define “advantage”. Clearly. >>
    If we play a coin flipping game, I think I have an "advantage" if I quit
    when I get one net win ahead ... even if it is on the first flip.

    If the "net" is a penny, it not "worth" playing at all or continuing to
    "maybe" being two bets ahead.

    Raise the bet "enough" and it is "worth" playing ... it is not likely
    that the back and forth will not result in both players being one net
    bet ahead ... if the bet is worth it, the very high odds of getting one
    net bet ahead is worth the remote risk of ruin. Even playing for
    pennies "might" cost you thousands of dollars, if you think your
    opponent "might" get all those pennies. How likely is that to happen?

    Good lord. I asked for a clear definition of a single word, and all that mess above is your reply? You cannot form the definition of a single word around a discrete situation and still call it a definition of the word. You believe otherwise, so no wonder you are so confused.

    Even Tim "finally" admitted I have an advantage if I do not bet again
    when I get one bet ahead. I am not confused.

    What are the odd that one side in coin flips gets a net hundred bets
    ahead before the other side got one net bet ahead?

    Good lord again... that EXACT question has been answered repeatedly and clearly by both me and Tim. You have become Jerry. You ask a question, you get a very clear answer, and then you ask the question again repeatedly as if it has never been answered. You simply ignore the answer, and then go on and on with your illogical claims. Whatever.

    No, actually that is a different question. Why will you not play a
    50/50 game for a $100 chip if you cannot leave while you are ahead?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Vanek@21:1/5 to da pickle on Sat Dec 16 12:39:41 2023
    On Dec 16, 2023, da pickle wrote
    (in article<87CdnU6w2Ow5duD4nZ2dnZfqlJz-fwAA@giganews.com>):

    On 12/16/2023 10:24 AM, Bill Vanek wrote:
    On Dec 16, 2023, da pickle wrote
    (in article<a_CdnXQ788LbBeD4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/15/2023 2:52 PM, Bill Vanek wrote:
    Before I reply to the whole post, please define “advantage”. Clearly.

    If we play a coin flipping game, I think I have an "advantage" if I quit when I get one net win ahead ... even if it is on the first flip.

    If the "net" is a penny, it not "worth" playing at all or continuing to "maybe" being two bets ahead.

    Raise the bet "enough" and it is "worth" playing ... it is not likely that the back and forth will not result in both players being one net
    bet ahead ... if the bet is worth it, the very high odds of getting one net bet ahead is worth the remote risk of ruin. Even playing for
    pennies "might" cost you thousands of dollars, if you think your
    opponent "might" get all those pennies. How likely is that to happen?

    Good lord. I asked for a clear definition of a single word, and all that mess
    above is your reply? You cannot form the definition of a single word around a
    discrete situation and still call it a definition of the word. You believe otherwise, so no wonder you are so confused.

    Even Tim "finally" admitted I have an advantage if I do not bet again
    when I get one bet ahead. I am not confused.

    What are the odd that one side in coin flips gets a net hundred bets ahead before the other side got one net bet ahead?

    Good lord again... that EXACT question has been answered repeatedly and clearly by both me and Tim. You have become Jerry. You ask a question, you get a very clear answer, and then you ask the question again repeatedly as if
    it has never been answered. You simply ignore the answer, and then go on and
    on with your illogical claims. Whatever.

    No, actually that is a different question.

    No, it is the exact same question. Maybe the fact that you can’t understand that is your whole problem.

    Why will you not play a
    50/50 game for a $100 chip if you cannot leave while you are ahead?

    Yep, you are now Jerry. Congratulations. As I repeat the answers to your questions, the probability that you still won’t understand approaches zero, but it will obviously never, ever, get to zero.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From da pickle@21:1/5 to Bill Vanek on Sun Dec 17 08:40:48 2023
    On 12/16/2023 12:39 PM, Bill Vanek wrote:
    On Dec 16, 2023, da pickle wrote
    (in article<87CdnU6w2Ow5duD4nZ2dnZfqlJz-fwAA@giganews.com>):

    On 12/16/2023 10:24 AM, Bill Vanek wrote:
    On Dec 16, 2023, da pickle wrote
    (in article<a_CdnXQ788LbBeD4nZ2dnZfqlJxj4p2d@giganews.com>):

    On 12/15/2023 2:52 PM, Bill Vanek wrote:
    Before I reply to the whole post, please define “advantage”. Clearly. >>>>
    If we play a coin flipping game, I think I have an "advantage" if I quit >>>> when I get one net win ahead ... even if it is on the first flip.

    If the "net" is a penny, it not "worth" playing at all or continuing to >>>> "maybe" being two bets ahead.

    Raise the bet "enough" and it is "worth" playing ... it is not likely
    that the back and forth will not result in both players being one net
    bet ahead ... if the bet is worth it, the very high odds of getting one >>>> net bet ahead is worth the remote risk of ruin. Even playing for
    pennies "might" cost you thousands of dollars, if you think your
    opponent "might" get all those pennies. How likely is that to happen?

    Good lord. I asked for a clear definition of a single word, and all that >>> mess
    above is your reply? You cannot form the definition of a single word around >>> a
    discrete situation and still call it a definition of the word. You believe >>> otherwise, so no wonder you are so confused.

    Even Tim "finally" admitted I have an advantage if I do not bet again
    when I get one bet ahead. I am not confused.

    What are the odd that one side in coin flips gets a net hundred bets
    ahead before the other side got one net bet ahead?

    Good lord again... that EXACT question has been answered repeatedly and
    clearly by both me and Tim. You have become Jerry. You ask a question, you >>> get a very clear answer, and then you ask the question again repeatedly as >>> if
    it has never been answered. You simply ignore the answer, and then go on and
    on with your illogical claims. Whatever.

    No, actually that is a different question.

    No, it is the exact same question. Maybe the fact that you can’t understand that is your whole problem.

    Why will you not play a
    50/50 game for a $100 chip if you cannot leave while you are ahead?

    Yep, you are now Jerry. Congratulations. As I repeat the answers to your questions, the probability that you still won’t understand approaches zero, but it will obviously never, ever, get to zero.

    Sometimes people just will not take a simple statement at face value.

    The house has a hundred dollars and you have a hundred dollars ... the
    true 50/50 bet will be a true 50/50 bet ... how long does it take for
    one side or the other to get a hundred dollars from the other side?

    After the first bet ... how long does it take for the sides to get even
    again?

    Why will you not play a 50/50 game for $100 chips if you cannot leave
    while you are ahead?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)