[Mason Malmuth]

[ QUOTE ]
Mathematicians want to put numbers on everything. As a professional gambler, I understand the desire to figure out things like odds, advantages, and probabilities. But just because we may want to come up with these numbers doesn’t mean we should find some way to force them when there is no practical and accurate way to generate them.


[/ QUOTE ]

Hi Al:

This statement of Snyder's is very inaccurate and he knows this. First off, the type of theory that all of gambling comes under is statistical. Again, going back to my Gambling Theory book, here's a quote from page 12:

[ QUOTE ]
Incidentally, and this is important, all successful gamblers are statisticians, not mathematicians.

[/ QUOTE ]

This is from the essay titled "Non-Self-Weighting Strategies." It shows why mathematical thinking is wrong and why a different type of statistical thinking is correct.

Best wishes,
Mason