19th March 2006, 07:15 AM
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Member
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Join Date: Jan 1970
Location: Sydney
Posts: 402
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Quote:
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Originally Posted by crash
The maths have been here before [and everywhere else], even from a professor of maths proof here [mathematically], if you can't make a profit level stakes, no progression [regardless] will save you.
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The individual Crash was referring to was Edward o Thorp. This former hardly-well-off maths professor is now obscenely rich, not from his blackjack pioneering exploits but from the stockmarket. Others using his techniques have made individual fortunes > $100 million.
Life is just too short to again try and convince anyone that is is mathematically impossible for a staking plan to turn a negative expectation game profitable. |