The FFR Credit Gambling Thread - Whine & Gloat HERE!

MrRubix · 07-13-2008, 11:50 PM

rushy: There is totally strategy involved. It is 50/50, yes, but there are TONS of ways to bet. You can hedge, you can cover, you can bank, and you can occasionally take a winning risk.

Waffle: Waiting until you lose a lot does NOT help you, and if it does, it is purely luck. That is Gambler's Fallacy. A long losing streak does not make the chance of a win greater or smaller than 50/50. It will always be 50/50.

Up another couple hundred thousand.

Rank 3 greatest increase, and I started out in the hole this morning, technically speaking.

07-13-2008, 11:50 PM	#11
MrRubix FFR Player Join Date: Dec 1969 Location: New York City, New York Posts: 8,340	Re: The FFR Credit Gambling Thread - Whine & Gloat HERE! rushy: There is totally strategy involved. It is 50/50, yes, but there are TONS of ways to bet. You can hedge, you can cover, you can bank, and you can occasionally take a winning risk. Waffle: Waiting until you lose a lot does NOT help you, and if it does, it is purely luck. That is Gambler's Fallacy. A long losing streak does not make the chance of a win greater or smaller than 50/50. It will always be 50/50. Up another couple hundred thousand. Rank 3 greatest increase, and I started out in the hole this morning, technically speaking. __________________ https://www.youtube.com/watch?v=0es0Mip1jWY Last edited by MrRubix; 07-13-2008 at 11:54 PM..

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