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TRUE OR FALSE

Started by Richard Meisel, Jun 19, 09:48 PM 2020

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Richard Meisel

This has probably been discussed years ago, but is it True or False?

Ion Saliu’s
Fundamental Formula of Gambling (FFG)

AMERICAN WHEEL
N   =   log(1 -DC)/log(1 -p)   When DC = 2/3 (66.6%) and   p = 1/38      
log(1 -DC)   =   log(1 -2/3)   =   log(1 - .66666)   =   log(.33334)   =   -0.4771
log(1 -p)   =   log(1 -1/38)   =   log(1 - .02631)   =   log(.97369)   =   -0.0115
N   =   -.47711/-.011579   =   41.2   =   42
There is a 66.6% (2 in 3) chance that each roulette number will repeat after 42 spins.   Equivalently, there is a 66.6% chance that the next spin will be a number that also appeared within the last 42 spins.

EUROPEAN WHEEL
N   =   log(1 -DC)/log(1 -p)   When DC = 2/3 (66.6%) and   p = 1/37      
log(1 -DC)   =   log(1 -2/3)   =   log(1 - .66666)   =   log(.33334)   =   -0.47711
log(1 -p)   =   log(1 -1/37)   =   log(1 - .027027)   =   log(.97297)   =   -0.01189
N   =   -.47711/-.011899   =   40.09   =   40
There is a 66.6% (2 in 3) chance that each roulette number will repeat after 40 spins.   Equivalently, there is a 66.6% chance that the next spin will be a number that also appeared within the last 40 spins.

TRUE? or FALSE?

Steve

Ive pulled apart ion's nonsense before.

What's the DC variable and where does he calculate 66.6%?

Regardless, the calculations are irrelevant. The probability of the next spin hasnt changed. That's why he remained a theorist making mistakes, and troll attacking everyone who understands basic probability.
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