bluecalm

14 ms·

271.
by bluecalm 11mo ago
The government already has way more money every year to spend. It wastes a lot of it. A world where all surpluses are distributed by a committee of politicians and their buddies would a be a terrible one.
272.
by bluecalm 1y ago
The reason state-run liquor stores make some sense is that we don't want to optimize alcohol sales. Neither on price nor volume. This is unlike groceries. The same reason state run monopoly on gambling makes sense but state run monopol
273.
by bluecalm 1y ago
>>There is no hidden information in chess Hidden information doesn't make a game more complicated. Rock Paper Scissors have hidden information but it's a very simple game for example. You can argue there is no hidden informa
274.
by bluecalm 1y ago
I agree with everything here. Thank you for interesting references and links as well!. One point I would like to make: >>On top of that, for poker, you'd need LLM to somehow implement continual resolving/ReBeL (for equilibri
275.
by bluecalm 1y ago
>> but I recall there was some paper that showed you can get something like 98% of equilibrium utility in poker subgames, which could make deterministic strategy practical. (Can't find the paper now.) Yeah I can see that for sure
276.
by bluecalm 1y ago
>>Is limit poker a trivial game? I believe it's been solved for a long time already. It's definitely not trivial. Solving it (or rather approximating the solution close enough to 0) was a big achievement. It also doesn'
277.
by bluecalm 1y ago
>>Agreed. I don't know how fast it would get into the money, but an equilibrium strategy is guaranteed to not lose, in expectation. That's only true for heads-up play. It doesn't apply to poker tournaments.
278.
by bluecalm 1y ago
>>1) There are currently no algorithms that can compute deterministic equilibrium strategies [0]. Therefore, mixed (randomized) strategies must be used for professional-level play or stronger. It's not that the algorithm is curre
279.
by bluecalm 1y ago
Your argument is based on the fact that more men naturally gravitate towards STEM than women do. This doesn't mean there aren't still men who could go into STEM but lack motivation/opportunity/some other push. Maybe ther
280.
by bluecalm 1y ago
The problem here is that's not only Valve that is a winner (that would be expected and fair as that's their game) but also scam casino operators.
281.
by bluecalm 1y ago
What's shocking here is that it costs several hundred dollars per year to have a big country enforcing a monopoly for you. I mean at least taking % of the revenue would make sense (and preferably for others to buy out underutilized pat
282.
by bluecalm 1y ago
How does that work if average is $15k per kid? In the class of 20 kids it's 300k per year. It's hard to imagine it's not enough to fund decent education. Google tells me it's closer to 20k in California. That is crazy
283.
by bluecalm 1y ago
As many assets are held by leveraged players their prices crash when it's difficult to secure future loans at the same price. This is why seemingly random things like central bank of Japan raising rates can cause double digit crash on
284.
by bluecalm 1y ago
The wild moves occurred on alt coins, some went down 80%. Mr. President's own World Liberty Financial for example went down from 18c to even 6c in an instant.
285.
by bluecalm 1y ago
Currently the biggest US companies are throwing hundreds of billions into an uncertain bet that may pay off in a decade or so while everyone around is screaming "bubble" at them. It looks like long term risky bet on new technology
286.
by bluecalm 1y ago
Buying back stock is just as a way to distribute money to shareholders. It's neutral when it comes to "shareholder value". It's the same as paying dividends and having some shareholders reinvest it. It just saves an extr
287.
by bluecalm 1y ago
Great! There is little reason for loan industry and money deposit services to be coupled. Banks lobbying for their free money from deposits is one of the reasons financial start-ups fight an uphill battle. Even though their business is less
288.
by bluecalm 1y ago
Do you think "veggie burger" suggests it is something that it is not?
289.
by bluecalm 1y ago
>>There are a bunch of charts out there that tell you what hands to go all in with if you have 15bbs or fewer. None of those charts take into account ICM. Also how do you adjust the charts if your opponents are calling with too many h
290.
by bluecalm 1y ago
Just fyi 6max bots were destroying online $5/$10 games on Party Poker (back then the biggest site) in 2009. That was before public solvers, other algorithmic advancements and huge hardware progress.
291.
by bluecalm 1y ago
We (in most EU countries) don't have representatives. Parties have representatives. To be listed on a ballot you need to be with good standings with your party and get chosen by them. Then various method ensure that you can't be e
292.
by bluecalm 1y ago
You will not always have an IDE showing function definitions when reading diffs, greps or PR requests. Even if you do you still need to spend time to click and see the function definition and then read it. Argument names are helpful but the
293.
by bluecalm 1y ago
>>First, this explicit code is likely wrong, and in fact Linus adds that “maybe you need to add a cast”. When you write explicit code you know what types the a and be are in the context. You don't write generic code but explicit
294.
by bluecalm 1y ago
>>The researchers note that there’s a problem with this argument, too, as it violates the likelihood principle. This principle tells us the interpretation should only rely on the actual data observed, not the context in which it was c
295.
by bluecalm 1y ago
People don't play it for money. I mean specifically they don't bet on outcomes of their own games. This is what gambling is. Chess wouldn't be as addictive anyway. You need a bit more luck ingrained in the game mechanics to t
296.
by bluecalm 1y ago
I know quite a few casino addicts. They all understand the math just fine. Some are actually very good at math but still can't stop themselves from betting on a spinning wheel.
297.
by bluecalm 1y ago
It's the opposite on both counts. There is additional mechanism to get addicted - delusion of having an edge. If you're a bad addicted player you will also lose more (cause others have an edge over you bigger than casinos at their
298.
by bluecalm 1y ago
It doesn't matter if it's a game or skill it not. It's still gambling and it's still terrible. You can even argue that games of skill for money are worse than pure chance game because there is one more mechanism for peop
299.
by bluecalm 1y ago
State run bookies charge commission so high you will not win anyway unless you have insider info and then your risk is bigger with a state run bookies. Big bookies won't have you so easily. Multiple small ones will but you will get you
300.
by bluecalm 1y ago
It's an exchange. You offer to bet X and wait for a matching offer. If no one wants to bets that much your order waits in a queue - same as on a stock market. There is 0 risk for the exchange and the bettors can only use what they put

More ›