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I work at a large financial company in the investment department writing software to analyze public market. Your statement is very wrong. We literally write a b
by amir734jj 6y ago
I work at a large financial company in the investment department writing software to analyze public market. Your statement is very wrong. We literally write a bucketing application that makes calculated risks that works almost all the time. From outside yes. It looks like a casino but when you get deeper into it, it's very calculated and the math behind risk calculation can get very complex.
- akvadrako 6y agoNot disagreeing with your main point, but you can also make calculated risks at a casino. If you're clever you can even get average positive returns.
- mnahkies 6y agoI think you mean lucky. Unless you're talking about games where your adversary is other players such as poker rather than the house like blackjack. I believe that for a while some video poker games like jacks or better had bugs in their pay table that meant with perfect strategy you could make a positive return in the long run, but I'd be very surprised if this is still the case
- muskox2 6y agoI assume you haven't heard of "card counting", which is a famous way to beat the house advantage in blackjack. Of course, if they suspect you're doing it, they'll kick you out.
- akvadrako 6y agoAlso many casinos offer special blackjack promotions that mean you don't even need to count cards to win.
- mnahkies 6y agoI was under the impression that casino's operated with either continuous shuffling, or enough packs of cards to effectively negate the benefits of card counting these days