What Does Reading Random Mean

[cheese]

I'm really going to deliver. You know, pride and all that vanity stuff.

You used to pull this junk on GG all the time. String people along and then laugh and laugh at how gullible they are. Thats what you're doing now. Trying to make up for failing your own demo by making fools out of people. I don't know if you noticed, but the reaction to your silly 'vaporware' isn't exactly overwhelming. You're the boy that cried wolf once too often. We all know who and what you are.

[ll l ll l lll ll]

Gosh, my wife doesn't even get to tell me what to do, let alone you. I already volunteered once and nobody was interested. Look it up.

Your reluctance to do it and verify your claims makes everything you say suspect.  

[cheese]

Your reluctance to do it and verify your claims makes everything you say suspect.  

I don't care. Where were you 2 weeks ago when I was begging to do it? Nobody was interested then. No matter how hard you try, you can't please everybody.

[ll l ll l lll ll]

I don't care. Where were you 2 weeks ago when I was begging to do it? Nobody was interested then. No matter how hard you try, you can't please everybody.

I don't ever recall you asking Gizmo to a challenge.  I just looked it up and couldn't find any mention of that.  Are you sure you weren't referring to Spike on GG?

[gizmotron]

I don't ever recall you asking Gizmo to a challenge.  I just looked it up and couldn't find any mention of that.  Are you sure you weren't referring to Spike on GG?

He was not invited. He just barged in while I was doing a demo. He made up some rules and insisted that I follow them. At first I thought it was his "Danger, Will Robinson" bit. He's had this agenda for the past year. Perhaps if any of your are clever you can recognize it. I've seen it from the get go.

[cheese]

He was not invited. He just barged in while I was doing a demo.

Gizmo said there was no way I could do what he was doing. So I said fine, we'll do it together and have a challenge. We would both bet dozens and columns. He refused. Simple as that.

[gizmotron]

Gizmo said there was no way I could do what he was doing. So I said fine, we'll do it together and have a challenge. We would both bet dozens and columns. He refused. Simple as that.

I'm sure you saw it that way. I was already started. But you barged in and spouted your rules. Nobody is standing in your way. You obviously have something to prove. I already made my decision. You are to much work. You demand far too much attention. That (Spike's World) stuff is getting very tired.

[cheese]

Nobody is standing in your way. You obviously have something to prove. I already made my decision. You are to much work.

See what I'm sayin'? Oh well....

[Mike]

Frequentest probability is no "badge of honor" either.

So how will you explain a working algorithm that beats this game long term? Won't it become time to admit to being a little ignorant of math on that day? That day will soon arrive. So get ready for it. We should have a BOZO festival and a fools parade. The Mathboyz burn forever day. This archive will be a testimony to Nikola Tesla types.

Looking forward to the day. But aren't you afraid the casinos will close down the game when your secret is out? 

BTW, what is "Frequentest probability"?

[gizmotron]

Looking forward to the day. But aren't you afraid the casinos will close down the game when your secret is out?  

BTW, what is "Frequentest probability"?  

Oh, I misspelled it. It should read Frequentist probability.

Look up: Frequency probability.

Look up this: nolinks://nolinks.statisticalengineering.com/frequentists_and_bayesians.htm

"Frequentists and Bayesians

What IS "probability?"

Confidence Intervals vs Credible Intervals

Most engineers are surprised to learn that statistics is not monolithic, nor statisticians of one stripe.  In fact statistics as a discipline remains sharply divided even on the fundamental definition of "probability."

The frequentists definition sees probability as the long-run expected frequency of occurrence. P(A) = n/N, where n is the number of times event A occurs in N opportunities. The Bayesian view of probability is related to degree of belief. It is a measure of the plausibility of an event given incomplete knowledge.

Thus a frequentist believes that a population mean is real, but unknown, and unknowable, and can only be estimated from the data.  Knowing the distribution for the sample mean, he constructs a confidence interval, centered at the sample mean.

...Bayesians have an altogether different world-view.   They say that only the data are real."

For the record, my algorithm utilizes these credible intervals to make intelligent choices and to determine when to attack. It does this by first qualifying situations and by extrapolating a quality by percent rate of pre existing situations. That data is real.

[Kelly]

So why not lets see a roulette bet generated by bayesian probability ? Not easy ?

You have been talking for 4 years, but went sour after 6 spins in a demo.  Can you understand why you look more like a talker rather than a walker....

There is at least 1 major flaw as to why you can`t use bayesian probability to pin point a favourable bet in roulette. 

[gizmotron]

So why not lets see a roulette bet generated by bayesian probability ? Not easy ?

You have been talking for 4 years, but went sour after 6 spins in a demo.  Can you understand why you look more like a talker rather than a walker....

There is at least 1 major flaw as to why you can`t use bayesian probability to pin point a favourable bet in roulette. 

You can join the parade too. So what is this major flaw?

[Kelly]

Quite obvious, but why don`t you show us a bet where bayesian principles are used to generate a bet ?  Please dont tell me that you cant.

[Mike]

As far as I can see, Baye's theorem is just a way of calculating conditional probabilities. "Conditional" meaning given that such-and-such has occurred, then the probability of something else occurring is so-and-so.

Pretty obvious, as kelly says, why you can't apply this to roulette, and why ultimately it's a waste of time.

You could use it for sports betting, no doubt. But not roulette.

Why not?

[Kelly]

Exactly. 

Sports betting could be something. Maybe Poker ? Naa.. I doubt the pros would go for it, but theoretically....

[Kelly]

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