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UCivan
UCivan
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November 21st, 2017 at 12:51:19 PM permalink
Prof. Eliot Jacobson has done a math research / analysis and proven that it is totally true for some people to be luckier than others in their life time. It was reported either in his book or on his apheat.net before.
odiousgambit
odiousgambit
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beachbumbabs
November 21st, 2017 at 1:08:49 PM permalink
Quote: UCivan

Prof. Eliot Jacobson has done a math research / analysis and proven that it is totally true for some people to be luckier than others in their life time. It was reported either in his book or on his apheat.net before.



A person needs luck at crucial points in life. For example it is not good for even a well prepared person to be entering the job market for the first time while the economy is in the beginning of an economic downturn, even a short one, god forbid a long one.
"Baccarat is a game whereby the croupier gathers in money with a flexible sculling oar, then rakes it home. If I could have borrowed his oar I would have stayed." .......... Mark Twain
Mission146
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Mission146
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November 24th, 2017 at 2:26:20 PM permalink
Me on luck, for any who care to read it:

https://latestcasinobonuses.com/news/editorials/the-luck-you-got
Vultures can't be choosers.
Ibeatyouraces
Ibeatyouraces
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November 24th, 2017 at 2:48:26 PM permalink
Quote: Mission146

Me on luck, for any who care to read it:

https://latestcasinobonuses.com/news/editorials/the-luck-you-got


Here's how I prove it:

Two guys are playing video poker. Both hit the deal button at the exact same nanosecond and both are dealt exactly this hand; K♠️, Q♠️, J♠️, 10♠️, 4♦️. Both discard the 4 and hit the draw button, again, at the exact same nanosecond. Player one draws the 6♥️ while player two draws the A♠️. The "luck believers" will say that player two was "luckier" when in reality, drawing either of these two cards have the EXACT SAME probability (1 in 47).

Just because a certain finishing result pays different from another doesn't make it "lucky."
Mission146
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Mission146
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November 24th, 2017 at 2:49:37 PM permalink
That's another good proof against, "Luck!"
Vultures can't be choosers.
TigerWu
TigerWu
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November 24th, 2017 at 3:47:33 PM permalink
"Luck" isn't a scientific term so there's nothing to prove or disprove. It's just a word describing certain outcomes of chance.
Wizard
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Wizard
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November 24th, 2017 at 3:48:38 PM permalink
Quote: Ibeatyouraces

No. One guessed right. The other guessed wrong. Luck doesn't exist.



You're absolutely right. There is no such thing as luck, just random variation, which can be mathematically calculated and estimated.
It's not whether you win or lose; it's whether or not you had a good bet.
Ibeatyouraces
Ibeatyouraces
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November 24th, 2017 at 3:53:15 PM permalink
Quote: TigerWu

"Luck" isn't a scientific term so there's nothing to prove or disprove. It's just a word describing certain outcomes of chance.


The problem is, people try to tie it in with seemingly rare events that stand out but not on ones that don't. My video poker scenario above is a prime example.
TigerWu
TigerWu
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AxelWolfrainmanodiousgambit
November 24th, 2017 at 4:05:57 PM permalink
Quote: Ibeatyouraces

The problem is, people try to tie it in with seemingly rare events that stand out but not on ones that don't. My video poker scenario above is a prime example.



But that's all luck IS. It's just an abstract descriptor for success or failure through chance.

If I walk up to a slot machine, put in one quarter, pull the handle once, and win a million dollars, I can say I "got lucky." It's not that I'm trying to measure or prove the scientific concept of "luck;" I'm just using a colorful metaphor to illustrate certain effects of statistical variance.

That's what "luck" is to me.
AxelWolf
AxelWolf
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rainmanodiousgambit
November 24th, 2017 at 8:35:12 PM permalink
I don't know who started it, but The Wizard will say happy/good variance. That's fine for him because math is his thing, so I get it. I have to roll my eyes when I hear others saying it. It's just not a normal thing that normal people say.

Let's pretend you are chatting it up with a cocktail waitress and she mentions her and her friends are heading out to play some Video poker after work. Would you say, "I wish you good variance?" If your answer is, yes, I fear there is no hope for you.

There is a time and place for both words.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪

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