View Single Post
  #7  
Old 06-11-2006, 02:41 AM
Zoloft Zoloft is offline
Junior Member
 
Join Date: Aug 2005
Location: Parts Unknown
Posts: 7
Default Re: Best Poker Book U ever Read:

Yes, Ace on the River is a fantastic book. One of my favorite passages:

Someone shows you a coin with a head and a tail on it. You watch him flip it
ten times and all ten times it comes up heads. What is the probability that
it will come up heads on the eleventh flip?

A novice gambler would tell you, "Tails is more likely than heads, since
things have to even out and tails is due to come up."

A math student would tell you, "We can't predict the future from the past.
The odds are still even."

A professional gambler would say, "There must be something wrong with the
coin or the way it is being flipped. I wouldn't bet with the guy flipping
it, but I'd bet someone else that heads will come up again."
Reply With Quote