WongBo
WongBo
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May 2nd, 2012 at 3:58:15 PM permalink
Bluejay's $30,000 challenge

200,000 trials most definitely requires a system that can win consistently.

EDIT: unless you are talking about the alternate challenge?
In a bet, there is a fool and a thief. - Proverb.
WongBo
WongBo
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May 2nd, 2012 at 4:10:15 PM permalink
BLAXIUS SENT ME A PM AND ASKED ME TO POST:



Sorry, but I am no longer able to post because of the restriction as I am new.

Please quote this for me:

I am talking about that same challenge, and I can assure you that it is beatable without a consistent winning system.
In a bet, there is a fool and a thief. - Proverb.
rdw4potus
rdw4potus
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May 2nd, 2012 at 4:20:44 PM permalink
It's not even 200,000 trials. It's 200,000 trials in 11 of 20 heats. That's several lifetimes of play - how is that not winning consistently?

Let's look at single 0 roulette: every bet has a 2.7% (1/37) house edge. So for every $5 table minimum bet, you should expect to lose $0.135. Flat betting 200,000 spins at a $0.135 expected loss per spin results in an expected session loss of $27,000. You'd need a hell of a lot of positive variance to beat that edge, and then you'd need to be able to do it in 11 of 20 200,000 spin sessions...
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
WongBo
WongBo
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May 2nd, 2012 at 4:22:40 PM permalink
BLAXIUS REACHED HIS POSTING LIMIT AND WILL NOT BE ABLE TO RESPOND UNTIL TOMORROW
In a bet, there is a fool and a thief. - Proverb.
Wizard
Administrator
Wizard
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May 2nd, 2012 at 4:33:08 PM permalink
The OP wrote to me, but my challenge has been retired for years. It isn't that I fear losing, but out of about 100 people who wrote to me expressing an interest in accepting it, 50 just wanted to pick my brain for free, and 49 others fell through based on the terms. So I suggested the OP post the challenge here, to see if there were any takers.

I'm available to serve as either a judge or escrow the funds, if requested.
It's not whether you win or lose; it's whether or not you had a good bet.
Ayecarumba
Ayecarumba
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May 2nd, 2012 at 4:41:17 PM permalink
Quote: Wizard

The OP wrote to me, but my challenge has been retired for years. It isn't that I fear losing, but out of about 100 people who wrote to me expressing an interest in accepting it, 50 just wanted to pick my brain for free, and 49 others fell through based on the terms. So I suggested the OP post the challenge here, to see if there were any takers.

I'm available to serve as either a judge or escrow the funds, if requested.



Mike, can you put up a link to the challenge terms the OP says he can beat?
When I die, I want everyone who ever worked with me on a group project to lower me into my grave so they can let me down one last time.
WongBo
WongBo
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May 2nd, 2012 at 4:45:50 PM permalink
he was talking about bluejay's challenge, i posted a link earlier in the thread.
top of page three.
In a bet, there is a fool and a thief. - Proverb.
weaselman
weaselman
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May 2nd, 2012 at 4:47:27 PM permalink
Quote: Nareed

Hola, bienvenido al foro.

No estoy segura de entender tu problema. Si te es más fácil exponerlo en español, lo puedo traducir al inglés para beneficio de los demás.


وهذا الأمر تحدث المفضلة اليوم لغة أجنبية؟
"When two people always agree one of them is unnecessary"
WongBo
WongBo
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May 2nd, 2012 at 4:53:40 PM permalink
translation:
這是可取的,講一門外語嗎?
In a bet, there is a fool and a thief. - Proverb.
Wizard
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Wizard
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May 2nd, 2012 at 5:02:58 PM permalink
Quote: Ayecarumba

Mike, can you put up a link to the challenge terms the OP says he can beat?



Here are my old rules. Note there is no bankroll requirement. Not that you asked, but here are the Michael Bluejay rules.

Also the OP (blaxius) wrote to me saying he bumped up against his maximum posts per day as a new member (a new rule to combat the spam problem we've been having). I told him he, and we, would have to wait until tomorrow for his return.
It's not whether you win or lose; it's whether or not you had a good bet.

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