5 ms·
Hrm. I was kind of hoping that they were going to say that there is some heretofore unknown statistical significance in luck (maybe like the law of large number
by hvs 16y ago
Hrm. I was kind of hoping that they were going to say that there is some heretofore unknown statistical significance in luck (maybe like the law of large numbers or something along those lines). But they say what you would expect them to say: mathematicians don't believe in luck.
- jayruy 16y agoAgreed. Also - surprising they mentioned blackjack - can't you turn the odds in your favor with card counting and rational betting?
- watty 16y agoYou can with card counting (and you'll get kicked out). Even with perfect rational betting the house has the edge.
- a1k0n 16y agoPerfect rational betting without card counting is to not play at all, since the house has a ~0.5% edge on a fresh deck (depending on the exact rule variations).
- jayruy 16y agoim talking using card counting to inform rational betting http://en.wikipedia.org/wiki/Kelly_criterion http://en.wikipedia.org/wiki/Kelly_criterion