19th March 2006, 11:02 AM
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Suspended.
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Join Date: Jan 1970
Location: gippsland lakes/vic
Posts: 5,104
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Quote:
Originally Posted by jfc
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.
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That's the guy JFC. 'Dr Maths' and many other web based maths sites do the maths. proof too for anyone who wants to look. No need to argue it here.
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