RE: [vpFREE] Re: Bob Dancer's CasinoGaming Column - 29 JUN 2010

I'd like to continue the argument but I'm all tied up teaching a pig to
sing.

Cogno

> -----Original Message-----
> From: vpFREE@yahoogroups.com [mailto:vpFREE@yahoogroups.com] On Behalf
> Of fordscks
> Sent: Tuesday, July 6, 2010 1:31 PM
> To: vpFREE@yahoogroups.com
> Subject: [vpFREE] Re: Bob Dancer's CasinoGaming Column - 29 JUN 2010
>
> --- In vpFREE@yahoogroups.com, "Cogno Scienti" <cognoscienti@...>
> wrote:
> > You're mistaken in all three of your criticisms, and he explained why
> in his article. I think it's cute that he realized he could make an
> extra dollar of EV in thirty seconds. Bob's all about hourly rate.
> >
> > Cogno
>
> Sorry, I am not mistaken. Suppose on that day, there were two people
> independently doing the same strategy. Since there are two of them,
> one will be disappointed and the sore loser goes and writes a column on
> some bogus "a priori" vs "a posteriori" argument. The odds of hitting
> quad aces is IRRELEVANT given another player is already sitting on quad
> aces. It just happens the other player saw Bob being dealt quad aces
> and the other player immediately panicks and hits his button first to
> deny Bob the jackpot.
>
> If you use sound logic, you will realize a lot of Bob's arguments are
> specious. First, counting meter movements as part of EV (note he
> didn't get the extra "$84" so logic dictates Bob OVERESTIMATED his EV -
> - this is fact based on the article. Second, Bob makes certain
> assumptions about randomness that is incorrect, i.e. someone sitting on
> quad aces argument as stated earlier. There are so many other errors
> in his argument regarding hourly rate.
>
>
>
> ------------------------------------
>
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