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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (195977)7/27/2004 2:35:00 PM
From: tejek  Read Replies (1) | Respond to of 1573911
 
But if you truly do win more than you lose, then you might possess a kind of intuition that you can carry over to the next level: Poker. Seems like that game is getting more and more coverage these days on cable networks like ESPN.

I can't get into poker.....in fact, I get bored.

Speaking of which, an old college friend of mine just won a million dollars playing in a Poker competition at the Sands Casino in Atlantic City. He's now my "new best friend." <G>

Mine, too!!! What's his name and address? <G>

ted



To: Tenchusatsu who wrote (195977)7/27/2004 2:43:20 PM
From: i-node  Read Replies (1) | Respond to of 1573911
 
>>> Scholars with PhDs have studied the game of Blackjack for decades now

The first substantially accurate "basic strategy" was published in the Journal of the American Statistical Association in 1956 by Roger Baldwin and others.

The origin of card counting was with Edward O. Thorp, Ph.D., in 1962, in his book Beat The Dealer. The extent of research on 21 and card counting is nothing short of amazing. Peter Griffin wrote the bible of the business, "Theory of Blackjack". For those of us who are into statistics, this book is a work of art.

Unfortunately, the challenge in card counting is now one of finding good games (i.e., games that aren't busy in which "penetration" into the shoe is deep enough to allow for frequent good counting situations). Many casinos have now wised up to the point they know how to make the games lousy.

That said, I still occasionally find games where I could carry money out by the wheelbarrow if the pit wasn't so paranoid. Gambling does little for me. Gambling with an edge, now that is a lot of fun.