Lottery Genius

[CharlieDontSurf]

nevermind...i guess mega does go as high as 53.

[nuggetz87]

that's the amount in millions i've made at roulette.

[Lottery Larry]

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if I flip a coin 238,947,234,892,734,892,347 times and it's all heads, what are the odds of the next flip being tails? The answer is 50%.

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And if you really believe THAT, I have a bridge to sell you

[NLSoldier]

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14/15/43/44
PWER=8

missing 5th number

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6

[pokergrader]

16

[Jorge10]

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well its 280 here in cali so i plan on making a -ev gamble tommorow.

oot give me 5 numbers and a powerball. one number per poster please

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you gotta go with 8 for rex grossman.

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Hes gonna get all the numbers right except the 8. Grossman is gonna choke on his lottery ticket like he did in the superbowl.


I dont know whether to like or hate the guy in this story. On one side he is obviously retarded, but he also admits it and hired smarter people than himself to take care of his money so thats pretty smart.

I dont know what to think of this story.

[cardcounter0]

Some of these answers that are here on a Poker Site, makes me realize how friggin' stupid the whole world is becoming.

I think I will link to this tread anytime someone says that poker is going to run out of fish.

[MicroBob]

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His system doesn't make a whole lot of sense to me. If a bunch of low numbers came a few weeks running then I'd try and pick HIGH ones next time.

Reason is that teh numbes are supposed to be random so you know that they are going to turn high sooner or later, sso that they average out.

this is how I've made money on the stocks. Buy low sell high, thats my secret

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Chance has no memory. I spent many a nights toiling over the math of this. If you try to mathematically prove that a "skewed" distribution should "return to center/median," you will run into two problems:

1. Defining a "skewed set"
2. Comparing infinite to finite series.

It's the same as asking... if I flip a coin 238947234892734892347 times and it's all heads, what are the odds of the next flip being tails? The answer is 50%.

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can't tell if his theory of averaging out for randomness is serious or not.
Well done.

[jamzfive]

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if I flip a coin 238,947,234,892,734,892,347 times and it's all heads, what are the odds of the next flip being tails? The answer is 50%.

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And if you really believe THAT, I have a bridge to sell you

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Of course, MasterLJ is right, so I hope your point is that if a coin comes up heads 238,947,234,892,734,892,347 times in a row, we'd better be doubting that it was a fair coin to start with.

the 238,947,234,892,734,892,347th raise means "aces",
jb

[Autocratic]

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Wow. A financial Adviser that is stupid enough to think his method works, is very scary.



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Let's say you're a financial advisor. Some guy who just won nearly $100M comes up to you and wants you to work for him, as he needs to make $1B in ten years. As a financial advisor, you are aware of the unlikelihood of this. Do you tell him that it's possible?