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Long Run...how long is the long run.

Started by seykid29, December 12, 2009, 12:43:52 PM

0 Members and 1 Guest are viewing this topic.

seykid29

Hi all, you have taken that iniative to open this topic,so with a few clicks answer me..They say in the long run you will lose.I play 4 hrs is that long enough..and who really play long run.By the way after 4 hrs im still in profit. SEYKID.

VLSroulette

Quote from: seykid29 on December 12, 2009, 12:43:52 PM
Hi all, you have taken that iniative to open this topic,so with a few clicks answer me..They say in the long run you will lose.I play 4 hrs is that long enough..and who really play long run.By the way after 4 hrs im still in profit. SEYKID.

Hello dear Seykid,

My take on the long run is that the true "long run" is infinity. Think about the largest random deviation possible, even a lifetime of wins, and it is still due to "even out in the long run".

That definitely sounds to me like infinity!

Others may differ. Let's see.

seykid29

No one plays infinity..like i once said before.Short run makes long run.I win short runs,aint i beating long run a little.

Nathan Detroit

Who  has the time playing for the  lonh run?

Dr.Hubert

Who's dumb enough to believe that they gamble only in the short run?

TwoCatSam

dumb

Does this forum need words like this?

The man asked a perfectly good question, and up until this reply, all were perfectly good replies!

I agree with Victor.  You won't live long enough to win in the "long run".  And, yes, you can win in the short run.  You can't swoop in and swoop out like an eagle on a fish, but you can win.

Sam

seykid29

You right we trying to make a nice thread and dumb aint so nice.I was just looking for some views..because roulette cannot be beaten in the long run,but some of us,beat it short run everytime.

Marven

Quote from: Nathan Detroit on December 12, 2009, 01:10:50 PM
Who has the time playing for the long run?

I would say anyone playing regularly enough that their personal betting timeline goes beyond 3 standard deviations or more, a point at which the probability to still remain in profit using a system (or betting randomly) is so low, and keeps getting lower the longer you play (I.e. the more bets you place) until it reaches practically zero.

(σ: Standard Deviation)


elmo

Conversely if it keeps growing bigger, it's party time  :dance1: or you could be pinnochio  ;D

Dr.Hubert

I'm sorry that I used the word dumb.    I didn't mean to offend anyone. 

What I should have said is that someone is naive or ignorant of the facts if they believe differently. 

It's common for new gambler's to fall prey to the short term way of thinking.




Raider

 infinity is the long run, thats the math of it.  I play to the set.  I go to the table, the set starts, I leave the table the set ends.  The only probilty that I care about is what happend in my set.  What happens over 1,000,000,000,000,000 spins rolls or hands,  is meaningless if I am only at a table for 2 hours


stavros

I once was told by a "mathite" that ten millions decisions, at a MINIMUM was necessary to constitute any long run. I play bac, five days per week, 50 weeks per year and I only see about 90000 decisions a year and only make real money bets on about 35000. I win regularly and I doubt I will live long enough to se any "long run".

seykid29

So most of us will never play long run,just short run..and we win,and are beating roulette daily what does that implies..roulette is not beatable..or not beatable in the long run.Im confuse.

elmo

I suppose a load of short runs will eventually equal to a long run and you will see for yourself how robust and profitable your method is.  I suppose that's where testing has it's place and you can see the parameters.
I would not get hung up on a lot of the theory. When you have played enough roulette, you will soon know if you are wasting your time or not.

elmo

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