
26th February 2007, 07:16 AM
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Member
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Join Date: Jan 1970
Location: Sydney
Posts: 402
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When this discussion was held earlier Bhagwan was forced to concede that his claims were nonsense.
But instead of learning anything from that exercise he merely recycles his fallacies to help problem gamblers ruin their lives.
There is no such thing as the longest run of outs.
The chance of 20 outs is not 1%.
Depending on how many games you play that chance could be 50%, 99% or higher.
http://home.iprimus.com.au/jfc2000/drawdown.htm
This tool should illustrate the phenomenon. But for some curious reason every one seems to forget about it, and instead promote ignorance.
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