Re: A Much Simpler Version Of The \"Blackjack Paradox\"
This and the blackjack thread are stupidly simple. The edge comes from the extra information. Someone else knowing extra information does not change anything. The actual information changes the specific example to neutral EV in this case, but both players will think they have an edge. Repeated indefinitely, their edge will be the same 26/51 no matter how many people know what (as long as no additional info can be gained from others' knowledge).
The "error" in both threads is confusing the edge/odds in the single instance, where the 3rd party (us) has more information than the betting parties, with the edge when the example is repeated infinitely and cards remain random.
I can't believe any intelligent person would think this is a question worth posing.
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