Thread: What IS Luck?
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  #28  
Old 09-28-2007, 12:18 PM
chezlaw chezlaw is offline
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Join Date: Jan 2004
Location: corridor of uncertainty
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Default Re: What IS Luck?

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Luck simply is a shorter word for variance.

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I suppose. Variance is EV neutral, though, and luck doesn't have to be. Luck could be some + or -EV thing that just happened to be out of my control.

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Luck is EV neutral except for fools! Sorry, vhawk01! [img]/images/graemlins/smile.gif[/img]

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Well, thats sort of exactly the question being asked, and now your just asserting you are correct. If luck is just "everything that is out of your control" then it definitely doesn't have to be EV neutral. If luck = variance, then sure.

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Everything out of your control is the source of variance, vhawk. And over an infinite period, it is EV neutral. Unless you think everything out of your control hates you or something. Can you provide an example of a source of "luck" (out of your control) that has a + or - EV?

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being born in the 1st world in peace time rather than starving in a war zone.

Fairly pleased with myself for having had the sense to avoid the WW1 trenches as well.

chez
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