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Old 19th March 2006, 11:02 AM
crash crash is offline
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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.


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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