Re: [vpFREE] Math v. Superstition?

 

That response was jocular, not mathematical, much in the way (I believe) Tom's response to Jean Scott was: I teach "bad" machines the worst lesson of all. I stay on them.

You know you are in a good streak while you keep on winning. When you lose a net 20 hands, I consider it to be over. That means that your winning hands along the way, straights, trips, flushes, etc. have been wiped out by the accumulation of losing hands. I don't worry about whether any one particular hand is a continuation of a streak.

That's my way of doing it, which is why I wrote YMMV. It is not for everyone, perhaps for no one else. But for me it is a control mechanism that allows me to continually assess my current situation, and avoid such things as throwing good money after bad, beating dead horses, and the classic definition of Insanity: doing the same thing over and over again and expecting different results. Albert Einstein
 
Certainly the game is rigged. Don't let that stop you; if you don't bet, you can't win. -Lazarus Long
In theory, there is no difference between theory and practice. But, in practice, there is. -Yogi Berra
There is no such thing as luck. There is only adequate or inadequate preparation to cope with a statistical universe. -Robert Heinlein

>________________________________
> From: Peter M. <midnight1626@gmail.com>
>To: vpFREE@yahoogroups.com
>Sent: Wednesday, December 14, 2011 5:41 PM
>Subject: Re: [vpFREE] Math v. Superstition?
>
>

>On Wed, Dec 14, 2011 at 1:52 PM, GURU PERF <guruperf@att.net> wrote:
>>
>>
>>
>> Well, let's see:
>>
>> Coin-inCash out
>> $200    $400 min.
>>
>> $100    $300min.
>> $100    $300min.
>> (I'm in the middle of a good streak now)
>>
>> $100    $300min.
>> $100    $300min.
>> $100    $0
>> End of good streak.
>>
>> See, its not really too difficult a concept to grasp. Just concentrate ; )
>
>You haven't actually answered Tom's question.
>
>What you have described above is a technique for determining where the
>middle was for a streak that has already ended.
>
>How do you know, as you play the current hand, that you are in the
>middle of a streak that will continue, as opposed to a streak that
>just ended on the previous hand?
>
>
>
>

[Non-text portions of this message have been removed]

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