Author Topic: Project 202  (Read 2269 times)

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BlueAngel

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Project 202
« on: January 07, 2016, 07:03:29 PM »
I don't know if you are aware of the expression "squidoo 21" or in other words; "let's take while taking is good...

Expresses the tendency which could be materialized by opportunistic characters.


 

Reyth

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Re: Project 202
« Reply #1 on: January 07, 2016, 09:23:18 PM »
This is fascinating thank you!
 

BlueAngel

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Re: Project 202
« Reply #2 on: January 07, 2016, 09:33:01 PM »
This is fascinating thank you!

Cheers, to your success!:-)
 

Reyth

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Re: Project 202
« Reply #3 on: January 07, 2016, 10:26:26 PM »
Ya I just played Keno and thought I was going to go bust but hit 7 numbers and went up 211 units!

Not sure if his 150-1 ratio is sufficient...
 

BlueAngel

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Re: Project 202
« Reply #4 on: January 07, 2016, 10:37:10 PM »
Ya I just played Keno and thought I was going to go bust but hit 7 numbers and went up 211 units!

Not sure if his 150-1 ratio is sufficient...

Why not?

Actually "Project 202" it's a demonstration of "Kelly criterion" in wider scale.
The aftermath is to think in proportions...

You will find better odds on roulette than Keno!:-)

By the way, still waiting for your response about the repeaters we discussed at another topic.
Any progress so far?
 

Real

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Re: Project 202
« Reply #5 on: January 07, 2016, 10:41:26 PM »

Quote
Actually "Project 202" it's a demonstration of "Kelly criterion" in wider scale.-Blue Angel

The Kelly Criterion only works if the player has an advantage, otherwise the calculations produce irrational results which basically indicate, don't bet.

Edge/ Expectancy = Bank to bet ratio
« Last Edit: January 07, 2016, 10:44:19 PM by Real »
 

Reyth

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Re: Project 202
« Reply #6 on: January 07, 2016, 11:08:57 PM »
Well for slots I basically broke even on the 2nd best jackpot available (the first one is so rare it cannot even be measured for any practical purposes) and so I don't think his "50 bet sessions" was properly calibrated to the machine I was playing.

He did mention in the materials how to calculate session parameters; you need to have an 85% chance of repeating the same statistical quality in the same number of continuing spins.