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Probability in Gambling is a Theory, NOT a Law

Started by Spike!, June 30, 2010, 03:47:30 AM

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Spike!

"Probability is a way of expressing knowledge or belief that an event will occur or has occurred. In mathematics the concept has been given an exact meaning in probability THEORY, that is used extensively in such areas of study as mathematics, statistics, finance, GAMBLING, science, and philosophy to draw conclusions about the likelihood of potential events"

Its a theory, its not a law. Because its a theory, its open to interpretation. If you MathBoyz want me to keep arguing with you, just keep acting like its a law and you're the math police who are assigned to enforce it. You want me to prove what I say I do, when you can't even prove your faulty theory is correct. Get real..

Noble Savage

Two big casinos, casino A and casino B. Both, of course, have a variety of games on each of which they have the edge.

Expectancy (math) says:

It is a certainty that the games will generate consistent outcomes for both casinos.

Spike says:

Probability/expectancy/whatever is only theory, it's not a law, it's open to interpretation. You mathboys (casinos) who rely on such "theories" keep acting like it's a "law", you are wrong. Expectancy? Hogwash! One or both of the casinos could be losing on the games consistently. You want me to prove what I say I do, when you can't even prove your faulty theory is correct. Get real..

Spike!

Probability/expectancy/whatever is only theory, it's not a law, it's open to interpretation.>>>

The casinos make money because the vast vast majority of gamblers play within the expectancy! The casino doesn't care about the few that don't, they make no difference to their bottom line unless they get real greedy. Its not a law, its a theory. Admit it.

Noble Savage

Quote from: Spike! on June 30, 2010, 04:20:14 AM
Its not a law, its a theory. Admit it.

You have a gambling problem that developed into a delusional disorder. Admit it.




Bayes

A 'theory' in the scientific sense is quite different from its use in everyday speech, where it's usually meant to signify something speculative. In this case you can take it to mean a 'hypothesis' - a proposed explanation for an observed phenomena. A hypothesis may or may not be confirmed - more evidence is needed.

A 'theory' in the scientific sense is a model which explains observations and makes predictions. So we have, for example, the theory of evolution and relativity theory, which DO explain phenomena and make predictions very successfully. Such is the case with probability theory.

Just because it's open to interpretation doesn't mean it doesn't work. Anything is open to interpretation - that's not what 'theory' means.

Probability theory 'works'. There is scarcely an area of science which doesn't use it, not to mention reliability engineering and statistical quality control, which make possible the high standards in manufacturing on which our modern technological society depends.

Once again, Spike opens mouth, inserts ass!

Spike!

Just because it's open to interpretation doesn't mean it doesn't work. >>

I never said it doesn't work, its just not foolproof. There are ways around it, but you don't know what those ways are so you just assume they don't exist. Making assumptions is the fools error.

Once again, Spike opens mouth, inserts ass!>>>

You mathboyz always have to get personal, its like you can't help yourselves. How dare anybody question your Royal Priesthood, they must be lower than dirt. LOL!

Bayes

Nothing personal Spike.  You ARE ignorant, just stating a fact...  :ok:

Spike!

Quote from: Bayes on June 30, 2010, 04:39:10 AM
Nothing personal Spike.  You ARE ignorant, just stating a fact...  :ok:

In what way? I'm not too ignorant to find a way to use past spins. You can't do that. So what does that make you, stupid? See how the name game goes? Not really worth playing, is it.

Noble Savage

Quote from: Spike! on June 30, 2010, 04:32:23 AM
You mathboyz always have to get personal

Getting personal tends to be more the specialty of the guessers club.

Quote from: Bayes on June 30, 2010, 04:39:10 AM
Nothing personal Spike.  You ARE ignorant, just stating a fact...  :ok:

A fact that is increasingly substantiated proportionally to his post count.

Bayes

Calling someone ignorant is not mud-slinging or name calling, why is it always about ego with you?


Jean-Claud

You have a gambling problem that developed into a delusional disorder. Admit it.

Exactly Spike this Morning pretented to the Psico clinic nurse that he swalowed his pink pill but he DIDN T!!!! :-[

So no he is in a state of psicedelia!  :girl_wacko:

Don t worry it will pass....because when his is in this state doctors can imediatelly spot it ,because he is trying to convince also the other patient of the psico clinic that he can beat roulette.   :rtfm:

So they are gathering all and they are screaming: "SPIKE SPIKE  the Roulette KING!!!" :yahoo:
He also runs in the hospital halls sreaming "I can beat ROULETTE!!!!" :yahoo:

So after these indications the doctors imediatelly get the strong nurses to grab him and take him to his room . :angry2:
After that they are forcing him to take his pill... :aggressive:

The days that he is taking the pills he is NOT posting here :)



Hung on Spike help is coming!  :thumbsup:

Spike!


Bayes

Is that what you think? you think this is just an ego game?

It has to do with the TRUTH, and the fact that, as Herb said, ignorance has consequences.


Spike!

Quote from: Bayes on June 30, 2010, 06:03:06 AM
Is that what you think? you think this is just an ego game?

It has to do with the TRUTH, and the fact that, as Herb said, ignorance has consequences.



Then start telling the truth. You have no proof that using past spins doesn't work, only theories and speculation that you pass off as undeniable truth.

MATTJONO

past spins do help in this random game, but its down to judgment, prediction and experience in raising/lowering the unit bets during play. when to jump onto streaks and when to jump off. many players who play roulette for real on a regular basis will be far better at prodicting outcomes and smarter type bets to take advantage off.


easier said then done, I know. i belive it can be done. but only the individual who has the experience will be able to take advantage over the long run, as they have the holy grail inside them in there brain  :-X not everone can see the patterns happening.        

SOUNDS MAD I KNOW BUT, ITS TRUE.


mattjono

MATTJONO

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