SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: fyodor_ who wrote (54239)9/9/2001 10:52:33 AM
From: andreas_wonischRead Replies (1) | Respond to of 275872
 
Fyo, Re: OT: Casinos reserve the right to toss you out - even if they have no evidence what-so-ever. All you have to be doing is "winning too much".

Yesterday I saw a report on TV about someone who can memorize 52 cards in a row which of course puts him at a great advantage in many card games. They tested him in a casino and he made $10,000 in half an hour. Of course, he is banned from almost every casino in his country (Great Britain). It's IMO really a shame that these establishments are legal (at least in Germany): They let you play as long as you don't win too much. And I've seen statistics that after alcohol gambling has the biggest numbers of addicts (I mean those who are really ill and ruin themselves because of their addiction).

Andreas



To: fyodor_ who wrote (54239)9/9/2001 1:55:48 PM
From: wanna_bmwRead Replies (1) | Respond to of 275872
 
Fyo, Re: Wanna: like gambling, you can use tricks and discipline to lower the house advantage, but in the end, you will never get the odds to be in your favor.

Fyo: For gambling, this is certainly incorrect ;-). There are several "tricks" that have been arbitrarily banned for that exact reason (counting cards being the best example I can think of). Casinos reserve the right to toss you out - even if they have no evidence what-so-ever. All you have to be doing is "winning too much".


The analogy to that would be using illegal means to trade stocks, such as having insider knowledge. Assuming legal gambling tactics, you can still decrease the house advantage, but you can never turn the odds in your favor. I think it's a good analogy to use for the stock market, as well.

wanna_bmw