Variance

[denzie]

Not at this moment.  I'll wait till you somehow fall asleep or go watch old grumpy men or something

[denzie]

Is variance measurable? 

Just a debate I would appreciate your thoughts on .....

Most of us got some very good methods/strategies to play with. Until that variance comes to take all our profit back.
What if we could somehow measure this variance. .......
In combination with statistics. ...

Ok I would like to try again.

If we have a bet selection that's very good. But of course still loses to the HE . But let's say if we put a certain system on a graph...let it run for whatever k spins. We see the line goes up and down non stop.

Couldn't we measure the average dd ? 
If we could then couldn't we know when to bet ?

[Priyanka]

Couldn't we measure the average dd ? 
If we could then couldn't we know when to bet ?

Denzie, we can always figure out an average DD. But the problem is it is an average and it is a dangerous word. Knowing the average will not help you in deciding when to bet as it is an average, you could go up or down at that point. Your definition and idea will work when we find the perfect or more/less perfect wave to work upon. But we dont get that wave using standard random selections and hence my opinion is it is not workable.

[denzie]

That's probably the difficult part...finding that wave. Although I have few.

In Denzies parlay it is very hard to lose if we wait the dd. It's actually more annoying to see the many winning opportunities fly by.

In gut we have some crossings that also seem to go up and down. Even if we go in it still can go down but it should pull up and recover the losses and make winnings.

Things like that. ...

[Priyanka]

Denzie - I havnt read much about your parlay, so cant comment.

But with respect to GUT, I dont want to comment on whether it loses or wins and trigger a debate.  But what I can definitely say is it doesnt make a difference if you wait for the DD or not, it gives the same results based on my simulations.

[denzie]

In gut we have some crossings that also seem to go up and down. Even if we go in it still can go down but it should pull up and recover the losses and make winnings.

Things like that. ...

[denzie]

Denzie - I havnt read much about your parlay, so cant comment.

[The General]

Guys,

You're wasting your time if you're trying to side step variance (large drawdowns).  Each spin of the wheel is independent.   Read up on the gambler's fallacy/Monte Carlo fallacy, basic probability, and the history of the game and you'll understand why.

Best of luck,

The General

[MrJ]

You're wasting your time 

100% accurate !!

Ken

[RouletteGhost]

100% accurate !!

Ken

Where can i get tickets to this tag team love fest

[MrJ]

Where can i get tickets to this tag team love fest

Right is right, wrong is wrong. I cant/wont pretend he's wrong. Go to the light RG, its very liberating.

Ken

[RouletteGhost]

Right is right, wrong is wrong. I cant/wont pretend he's wrong. Go to the light RG, its very liberating.

Ken

im not saying he is wrong

im saying he is arrogant

and there is no reason for it

people like the hobby of roulette and exploring new approaches

he pisses on the parade....for no reason....

he comes here everyday to tell people that they are wasting their time

well what does that say about him?

if everyone is "wasting their time" isn't he also wasting his time by coming here and entertaining it?

[RouletteGhost]

let me goto the craps forum

where cats talk dice

and tell them they r wasting time and they know nothing

see how far that gets me

a kick in the ass is what ill get

general should talk AP and AP only and leave people alone

[MrJ]

@General >> I noticed something quite interesting, only because I "keep track" of pretty much everything. I'll shoot you an email.

Ken

[RouletteGhost]

@General >> I noticed something quite interesting, only because I "keep track" of pretty much everything. I'll shoot you an email.

Ken

share with the whole class!!! secrets are not nice!!!!