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EvenBob
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March 27th, 2015 at 5:23:13 PM permalink
I can't wrap my head around this. In roulette,
you have the 3 dozen bets. 33 1/3% chance
on each, bet two of them and add 33 1/3 and
33 1/3 and you have a 66 2/3 chance of getting
1 dozen correct if you get rid of the zeros.

Lets say theoretically you have a 50% of getting
one dozen right. If you add 50+50 you get 100,
and I know that's not correct for the chance of
getting one right. So how do you do the math
to figure the chance of getting one right.
"It's not called gambling if the math is on your side."
sodawater
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March 27th, 2015 at 5:53:20 PM permalink
Quote: EvenBob

I can't wrap my head around this. In roulette,
you have the 3 dozen bets. 33 1/3% chance
on each, bet two of them and add 33 1/3 and
33 1/3 and you have a 66 2/3 chance of getting
1 dozen correct if you get rid of the zeros.

Lets say theoretically you have a 50% of getting
one dozen right. If you add 50+50 you get 100,
and I know that's not correct for the chance of
getting one right. So how do you do the math
to figure the chance of getting one right.



lol, what?

OK, so imagine a roulette wheel with 36 numbers and no zeroes.

You want to know the chances of getting at least one dozen right in two spins?

This would be simply: 1 - (2/3 * 2/3) = 5/9

OK, so on the same 36-number roulette wheel, you want to know what are the chances of getting red at least once in two spins. This is more accurate for your question of 50% for one spin.

1 - (1/2 * 1/2) = 3/4
EvenBob
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March 27th, 2015 at 6:05:33 PM permalink
Quote: sodawater


You want to know the chances of getting at least one dozen right in two spins?



No. Bet on two dozens for one spin. 1/3 + 1/3 = 2/3 chance
of getting one right.

Quote: sodawater

you want to know what are the chances of getting red at least once in two spins.



No, not at all. Bet on two dozens where each has
a 50% chance of being correct. What are the chances
of getting one correct?
"It's not called gambling if the math is on your side."
sodawater
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March 27th, 2015 at 6:20:49 PM permalink
Quote: EvenBob

No. Bet on two dozens for one spin. 1/3 + 1/3 = 2/3 chance
of getting one right.



Yes, that is correct.


Quote: EvenBob

. Bet on two dozens where each has
a 50% chance of being correct. What are the chances
of getting one correct?



This question is silly by definition. If a 36-number wheel is being divided into three dozens, and you stipulate that two of those dozens each has a 50% chance of being correct, then the answer getting one out of those two is by definition 100%. If you can truly "eliminate" one of the dozens such that the other two dozens each has a 50% chance, then of course the answer is 100%.

This is the same as asking on a 0-free wheel, what are the chances of getting one correct betting both red and black. It's 100%.

Now say in the same scenario, you bet on ONE of the dozens that you stipulate somehow has a 50% chance of winning. Then the chances of getting at least one right in two spins is 1 - (1/2 * 1/2) = 3/4
ThatDonGuy
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March 27th, 2015 at 6:50:10 PM permalink
Quote: EvenBob

Lets say theoretically you have a 50% of getting one dozen right.



"50% chance" from what? Do you mean, if you bet on two dozens and win, each has a 50% chance of being the winning dozen?

You can do it two ways:

1. "Obviously" each dozen has the same chance of winning, so the chance of a particular dozen winning is 1/3.

2. You have a 2/3 chance of it being one of the two dozens you bet on; if you win, each of the two has a 1/2 chance of being the right one; 2/3 x 1/2 = 1/3.
sodawater
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March 27th, 2015 at 6:57:05 PM permalink
No, Bob is saying that each of two dozens has a 50% chance of winning. He wants to know what are the chances of winning if you bet on both of them.

This is simply 50% + 50% = 100%

This is the exact same thing as asking, on a 36-number wheel, what are the chances of getting red OR black. 100%.
Deucekies
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March 27th, 2015 at 7:30:29 PM permalink
Quote: sodawater

No, Bob is saying that each of two dozens has a 50% chance of winning. He wants to know what are the chances of winning if you bet on both of them.

This is simply 50% + 50% = 100%

This is the exact same thing as asking, on a 36-number wheel, what are the chances of getting red OR black. 100%.



So the third dozen is teflon or something? There are only 24 numbers that can be hit?
Casinos are not your friends, they want your money. But so does Disneyland. And there is no chance in hell that you will go to Disneyland and come back with more money than you went with. - AxelWolf and Mickeycrimm
sodawater
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March 27th, 2015 at 7:33:00 PM permalink
Quote: Deucekies

So the third dozen is teflon or something? There are only 24 numbers that can be hit?



That is his stipulation.
EvenBob
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March 27th, 2015 at 7:36:03 PM permalink
Quote: sodawater


This is simply 50% + 50% = 100%



That is not correct. The dozen numbers that
you didn't bet on are still there and will win
sometimes, so you can't win 100% of the
time.

The question is simple. Each dozen has a 50%
chance of winning. No zeros. If you bet on
dozen 1 and dozen 2, what's the probability
of one of them winning.
"It's not called gambling if the math is on your side."
sodawater
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March 27th, 2015 at 7:37:29 PM permalink
Quote: EvenBob

That is not correct. The dozen numbers that
you didn't bet on are still there and will win
sometimes, so you can't win 100% of the
time.

The question is simple. Each dozen has a 50%
chance of winning. No zeros. If you bet on
dozen 1 and dozen 2, what's the probability
of one of them winning.



OMG -- this has got to be a troll.

If each dozen has a 50% chance of winning, then the two of them are 100%.

If "the dozen numbers that you didn't bet on are still there and will win sometimes" -- then BY DEFINITION the first two dozen don't have a 50% chance each.

You can't have it both ways.
EvenBob
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March 27th, 2015 at 7:37:43 PM permalink
Quote: sodawater

That is his stipulation.



Where did I say that??? Of course they can
be hit, there are 36 numbers and you are
betting 24 of them. So your answer of 100%
is wrong.
"It's not called gambling if the math is on your side."
EvenBob
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March 27th, 2015 at 7:45:47 PM permalink
Quote: sodawater



If "the dozen numbers that you didn't bet on are still there and will win sometimes" -- then BY DEFINITION the first two dozen don't have a 50% chance each.



Sigh. It's theoretical, as I said in the first post.

Lets make this real easy to understand. It's
rigged. You know how to get 50% right on
the first and second dozens. You can't win
100% of the time because the 3rd dozen
will still win part of the time. So what's
the probability of getting the first or
second dozen right. Maybe a better way
of asking is how often will the 3rd dozen
win?
"It's not called gambling if the math is on your side."
sodawater
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March 27th, 2015 at 7:51:06 PM permalink
Quote: EvenBob

Sigh. It's theoretical, as I said in the first post.

Lets make this real easy to understand. It's
rigged. You know how to get 50% right on
the first and second dozens. You can't win
100% of the time because the 3rd dozen
will still win part of the time. So what's
the probability of getting the first or
second dozen right. Maybe a better way
of asking is how often will the 3rd dozen
win?



If the third dozen will still win part of the time, then the probability for each of the first two cannot be 50%. You need to adjust the probability of the first two dozens down to account for the third dozen winning part of the time.

Without knowing how often the third dozen will win, you cannot answer your question.
EvenBob
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March 27th, 2015 at 7:53:36 PM permalink
Quote: sodawater



Without knowing how often the third dozen will win, you cannot answer your question.



As stated in the first post, all THREE dozens
win FIFTY PERCENT of the time. 50-50-50.
"It's not called gambling if the math is on your side."
sodawater
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March 27th, 2015 at 7:57:40 PM permalink
Quote: EvenBob

As stated in the first post, all THREE dozens
win FIFTY PERCENT of the time. 50-50-50.



This is hilarious. You can't have probabilities that add up to more than 1. Therefore all three dozens cannot each have a 50% chance of winning. Do you know what 50% means?

If all three dozens have an EQUAL chance of winning (also known as 1/3), then the chance of you betting on two of them and winning on one spin is simply 2/3.
rdw4potus
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March 27th, 2015 at 8:02:01 PM permalink
Quote: EvenBob

As stated in the first post, all THREE dozens
win FIFTY PERCENT of the time. 50-50-50.



Those three things are each equally likely to occur. And, one and only one of those things must occur on each spin. The sum of the probabilities of these events occurring cannot be anything other than 100%. 50% + 50% + 50% is not 100%. So you're doing something wrong in there somewhere.
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
rudeboyoi
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March 27th, 2015 at 8:05:31 PM permalink
A dozen is a grouping of twelve.
EvenBob
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March 27th, 2015 at 8:06:42 PM permalink
Quote: sodawater

This is hilarious. You can't have probabilities that add up to more than 1. Therefore all three dozens cannot each have a 50% chance of winning.



Let me explain how it works. Read carefully.

You bet on 1 and 2 and each wins 50%
of the time. But on this spin the first
dozen loses because it only wins half
the time. The second bet loses because
it only wins half the time. The third
dozen wins. So yes, all 3 can have
theoretical chance of being 50%.

So how often will the first and second
dozen win?
"It's not called gambling if the math is on your side."
sodawater
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March 27th, 2015 at 8:10:40 PM permalink
Quote: EvenBob

Let me explain how it works. Read carefully.

You bet on 1 and 2 and each wins 50%
of the time. But on this spin the first
dozen loses because it only wins half
the time. The second bet loses because
it only wins half the time. The third
dozen wins. So yes, all 3 can have
theoretical chance of being 50%.

So how often will the first and second
dozen win?



I am sorry but that is simply not how math works.

The question is impossible to answer because your assumptions are wrong.

If there is an event with three options, and one of them must happen, then all three options cannot each be 50%.

The percentages of all possible options have to add up to 100.
EvenBob
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March 27th, 2015 at 8:29:54 PM permalink
Quote: sodawater

I am sorry but that is simply not how math works.
.



If you have a 50% chance of getting 12 out
of 36 numbers correct that does not mean
you will win every time. If you a have 50% chance
on each of two dozens, you still won't win
every time. How often will the dozen not
bet on show up? Keep in mind you're
obviously not betting the same 2 dozens
every time.
"It's not called gambling if the math is on your side."
sodawater
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March 27th, 2015 at 8:34:43 PM permalink
Quote: EvenBob

If you a 50% chance
on each of two dozens, you still won't win
every time.



By definition, if you have a 50% chance on each of two dozens on the same wheel on the same spin, you will win 100% of the time.

If you have a 50% chance on each of two dozens on different wheels and/or different spins, you will win 3/4 of the time.
EvenBob
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March 27th, 2015 at 9:05:51 PM permalink
Try it this way. You have 3 doors. Each door
has a car or a donkey behind it. With each
door you have a 50% chance of winning a
car. You can pick two doors at once.
If one of them has the car, you win. A
coin was flipped for each door to determine
car or donkey.

You pick door 1 and 2. Open door 1 and
there is a donkey. Door 2 still has a 50%
chance of having a car. What is the probability
of picking the right two doors with a
car behind one of them?

Kind of like Monty Hall, but here you get
to pick 2 doors. No you can't win 2 cars,
if the first door has a car, the second door
is not opened.
"It's not called gambling if the math is on your side."
Doc
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March 27th, 2015 at 9:25:23 PM permalink
Quote: EvenBob

Try it this way. You have 3 doors. Each door
has a car or a donkey behind it. With each
door you have a 50% chance of winning a
car. You can pick two doors at once.
If one of them has the car, you win. A
coin was flipped for each door to determine
car or donkey.

You pick door 1 and 2. Open door 1 and
there is a donkey. Door 2 still has a 50%
chance of having a car. What is the probability
of picking the right two doors with a
car behind one of them?

Kind of like Monty Hall, but here you get
to pick 2 doors. No you can't win 2 cars,
if the first door has a car, the second door
is not opened.


Bob, I interpret your latest description – the three-doors version – to mean that each of the doors has a 50-50 chance of having a car vs. a donkey, and that these chances are completely independent of what happens to be behind either of the other two doors. Is that correct? And you want to know the probability of winning at least one car if you can choose two doors. Correct? Simple enough – you have a 75 percent chance of getting at least one car.

However, this is quite different from the way most anyone would interpret your description of the roulette problem. While there might be a car behind all three doors (12.5% probability), the roulette ball cannot possibly stop in all three of the dozens on the same roll. I think that’s where there is disagreement between what you seem to be trying to describe and what people get when reading your description.
sodawater
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March 27th, 2015 at 9:25:58 PM permalink
Quote: EvenBob

Try it this way. You have 3 doors. Each door
has a car or a donkey behind it. With each
door you have a 50% chance of winning a
car. You can pick two doors at once.
If one of them has the car, you win. A
coin was flipped for each door to determine
car or donkey.

You pick door 1 and 2. Open door 1 and
there is a donkey. Door 2 still has a 50%
chance of having a car. What is the probability
of picking the right two doors with a
car behind one of them?

Kind of like Monty Hall, but here you get
to pick 2 doors. No you can't win 2 cars,
if the first door has a car, the second door
is not opened.



This model does not fit your question of a single spin on a roulette wheel.

But I will try to be helpful and answer this question as you have stated it. But please remember it absolutely cannot and doesn't apply to a single spin at roulette.

Given: There are three doors, each with a 50% chance of a car behind them. You get to pick two doors. If you win a car on your first door, you don't open the second door.

The chance you will win a car is 1 - (1/2 * 1/2) = 3/4.

This is exactly the same answer as TWO spins in roulette, having a 50% chance to win each time. Each door = 1 spin.

The 3/4 answer absolutely cannot apply to a single spin of roulette.
EvenBob
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March 27th, 2015 at 9:59:40 PM permalink
Quote: Doc

– you have a 75 percent chance of getting at least one car.
.



What's the math for that conclusion?
"It's not called gambling if the math is on your side."
sodawater
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March 27th, 2015 at 10:05:48 PM permalink
Quote: EvenBob

What's the math for that conclusion?



1 - (1/2 * 1/2) = 3/4.
EvenBob
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March 27th, 2015 at 10:52:01 PM permalink
Quote: sodawater

1 - (1/2 * 1/2) = 3/4.



.50 times .50 is .25, not .75
"It's not called gambling if the math is on your side."
sodawater
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March 27th, 2015 at 10:56:16 PM permalink
Quote: EvenBob

.50 times .50 is .25, not .75



Jesus Christ.
thecesspit
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March 27th, 2015 at 11:21:22 PM permalink
100%

But... oh forget it.
"Then you can admire the real gambler, who has neither eaten, slept, thought nor lived, he has so smarted under the scourge of his martingale, so suffered on the rack of his desire for a coup at trente-et-quarante" - Honore de Balzac, 1829
RS
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March 27th, 2015 at 11:41:39 PM permalink
So EvenBob's starting sh*t again. Obvious troll is obvious :) ......who wants to bet $$$ BeachBanhammerBabs will step in and defend EB?

Actually I'm just kidding.


I don't want to bet moneyz.


On a side note, something I just realized, a member on another forum I used to participate on, was very EvenBob-like, and his initials were also EB. Except the other EB was like 13 years old or something.
EvenBob
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March 27th, 2015 at 11:45:49 PM permalink
Quote: RS

was like 13 years old or something.



Who would have guessed you hung out
on forums with 13 year old's. Makes
sense when you think about it..
"It's not called gambling if the math is on your side."
RS
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March 27th, 2015 at 11:57:39 PM permalink
If two events have a 50% chance of occurring at the same time, and you're betting on both events, then you have a 100% chance of winning either bet.

Or rather, for any specific event, you can add up all the bets you've made, and figure out the chance of you winning any given bet, simply by adding up the %'s. If I'm playing craps, and I have the 4,5,6,8,9,10 covered (24 ways to roll one of those numbers), and I have a $5 horn and a $6 seven [the amounts on each number doesn't matter]....then I have a 100% chance of winning one of the bets [not saying that I will have a NET win, but simply, that I am guaranteed for one of the bets to pay out].


The math gets different when you're talking about separate events. For example, I have 5 numbers covered -- what is the chance that one [or at least one?] of the numbers is hit within 3 rolls? You can't just add up each of the %'s and figure that you have a 135% chance of winning [or w/e it is, I didn't do the math].


And it is impossible to have 3 separate bets that have a 50% chance of winning. You can easily figure this out. Let's say that you believe there are 3 bets that each have a 50% chance of winning (3 dozens, 1-12, 13-24, 25-36). So, if you run a simulation, either on a computer or in real life by spinning a ball, you would expect for each dozen to show up 50% of the time [or close to 50% of the time]. And the more spins or whatever you do, the closer each of the numbers should be getting to 50%.

given: The total sum of the %'s has to be 100%.
if 3 bets at 50% chance each sums to 150%.
then 150% != 100%
:. EB is trolling




And it was a gaming forum. Think I joined it like 5 or 6 years ago. I didn't play a lot [well, I played a decent amount], but I worked a lot on writing programs/scripts/maintenance as well as forum/game moderation. But yeah, there were people of all ages.


Edit: EB, you make yourself seem all hot n mighty.....but you can't even figure this out?
Wizard
Administrator
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March 28th, 2015 at 3:51:16 AM permalink
Quote: EvenBob

I can't wrap my head around this. In roulette,
you have the 3 dozen bets. 33 1/3% chance
on each, bet two of them and add 33 1/3 and
33 1/3 and you have a 66 2/3 chance of getting
1 dozen correct if you get rid of the zeros.

Lets say theoretically you have a 50% of getting
one dozen right. If you add 50+50 you get 100,
and I know that's not correct for the chance of
getting one right. So how do you do the math
to figure the chance of getting one right.



I'm sorry if this has been said before, but here is how I interpret the question:

There is a zero-zero biased roulette wheel, with these probabilities:

Column 1 = 1/2.
Column 2 = 1/2.
Column 3 = 0.

The probability of the ball landing in column 1 or 2 = 1/2 + 1/2 = 1.

Surely I must be misunderstanding the question as this seems too obvious.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
Dalex64
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March 28th, 2015 at 4:28:03 AM permalink
It is also a conditional probability.

When the ball landed within the first two dozen, there is a 50% chance that it landed in the first dozen, and a 50% chance it landed in the second dozen.

If you don't know which dozen the ball landed in, there is a 1/3 probability for each dozen.


Since I did not see this answered,

1 - ( 1/2 x 1/2 ) = 3/4

Yes, a half times a half is a quarter. Subtract that from one to get 0.75.
OnceDear
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March 28th, 2015 at 4:49:19 AM permalink
For those that cannot understand satire, that's what follows: And it's not the Wizard that I'm satirizing
Quote: Wizard

biased roulette wheel, with these probabilities:

Column 1 = 1/2.
Column 2 = 1/2.
Column 3 = 0.

The probability of the ball landing in column 1 or 2 = 1/2 + 1/2 = 1.

Surely I must be misunderstanding the question as this seems too obvious.


Pay attention Mike. Evenbob clearly said that the three options each had a 50% probability.
Set 1 = 1/2
Set 2 = 1/2
Set 3 = 1/2

And Mike, don't confuse columns with dozens, because everyone knows the laws of physics are different for rows and columns :p

Quote: Evenbob


As stated in the first post, all THREE dozens
win FIFTY PERCENT of the time. 50-50-50.


So, as quite clearly stated by EB, half the time the ball lands in the first twelve: The other half the time it lands in the second twelve and the other, other half of the time it lands in the third twelve. Simple ! The table is divided into three separate and equal halves. How hard can that be? LOL!
Or, if I'm confusing time with space (area of the table) then I apologise: For any sixty minutes of time, the ball will spend thirty minutes landing in the first twelve: It will spend thirty minutes landing in the second twelve and it will spend thirty minutes landing in the third twelve. It will spend ninety minutes existing in the universe. Oh! I'm being so stupid! It will spend some time actually spinning!
Of course, I'm taking the p155.
Evenbob is showing an abject failure to grasp the most simple of mathematical concepts. But of course, he did say it was theoretical.
I cannot actually believe that Evenbob (or anyone else for that matter) is that stupid uneducated
Quote: sodawater

1 - (1/2 * 1/2) = 3/4.

Quote: evenbob

.50 times .50 is .25, not .75

FFS. that made me spit my coffee out. EB cannot be serious !!!
I suggest you don't ever use the '%' symbol or the word 'probability' until you can grasp the extent to which your original post made you look really, REALLY... pronoun deleted because what I posted might have got me rebuked. Probably better if you avoided gambling too. Also, you seemed to just keep digging when members tried to help you.
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
CrystalMath
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March 28th, 2015 at 7:10:29 AM permalink
I'm pretty sure there is a chance of winning up to three times in a single spin.
I heart Crystal Math.
OnceDear
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March 28th, 2015 at 7:16:51 AM permalink
Quote: CrystalMath

I'm pretty sure there is a chance of winning up to three times in a single spin.

Huh?
yeah, I guess you could double, or is it triple, your money if you place 1/3 of bankroll on the first 12, 1/3 on second 12 and 1/3 on third 12 and that one spin landed on a number from each of those sets at the same time. EB did say it was rigged: Maybe a special kind of ball?
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
Dalex64
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March 28th, 2015 at 8:33:50 AM permalink
You could win three times on one roll by placing a bet on a color, on odd/even, and on one or more numbers.
ThatDonGuy
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March 28th, 2015 at 8:50:00 AM permalink
I think the problem is, nobody seems to be able to agree on what EvenBob's original question was.

Quote: EvenBob

I can't wrap my head around this. In roulette, you have the 3 dozen bets. 33 1/3% chance on each, bet two of them and add 33 1/3 and 33 1/3 and you have a 66 2/3 chance of getting 1 dozen correct if you get rid of the zeros.


I assume this means:
If you bet on two of them, there is a 66 2/3% chance that of the two will win.
This is correct.

Quote: EvenBob

Lets say theoretically you have a 50% of getting one dozen right.


This is the part that is confusing. You have only a 33 1/3% chance of getting one of the three dozens right; you said so in your first paragraph.

Where do you get 50% from?

Maybe using a specific example would make things clearer.
CrystalMath
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March 28th, 2015 at 9:51:32 AM permalink
Quote: OnceDear

Huh?
yeah, I guess you could double, or is it triple, your money if you place 1/3 of bankroll on the first 12, 1/3 on second 12 and 1/3 on third 12 and that one spin landed on a number from each of those sets at the same time. EB did say it was rigged: Maybe a special kind of ball?



I was just being a little sarcastic. EB said it was like having three doors and each door has a 50% probability of winning. Using that example, he would win on all 3 doors, 12.5% of the time. Of course, this is impossible in roulette, and you cannot win on more than one section at a time.
I heart Crystal Math.
Jeepster
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March 28th, 2015 at 11:08:25 AM permalink
Quote: EvenBob

As stated in the first post, all THREE dozens
win FIFTY PERCENT of the time. 50-50-50.



You all seem to forget that we're not dealing with a mere mortal here.
Given EB's unique ability with random numbers and his outstanding prowess with roulette nothing is amiss here.
All of the three dozens winning 50% of the time while impossible (even theoretically) in the real world, isn't in EB's.
A photon without any luggage checks into a hotel, he's travelling light.
Kerkebet
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March 28th, 2015 at 11:26:46 AM permalink
Quote: Jeepster

In the real world, isn't in EB's.


EB will just jump through two one-sided doors between motel rooms of imaginary or one-sided time, and into the arms of one of those "celibate hookers" to smooth all of this out before it collapses into the singularity and takes us all with him/her.
Nonsense is a very hard thing to keep up. Just ask the Wizard and company.
EvenBob
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March 28th, 2015 at 11:51:45 AM permalink
I've been told on another forum that indeed,
if you're a good guesser of the next outcome
you could have a 50% chance on each dozen.
However, the probability has to be figured
out empirically, and not theoretically. Problem
solved.

"Empirical Probability of an event is an "estimate" that the
event will happen based on how often the event occurs after
collecting data."

"Empirical probability, also known as relative frequency, or
experimental probability, is the ratio of the number of
outcomes in which a specified event occurs to the total
number of trials, not in a theoretical sample space but
in an actual experiment."
"It's not called gambling if the math is on your side."
Jeepster
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March 28th, 2015 at 12:02:49 PM permalink
Ah I see, it's all based on your uncanny skill on correctly guessing the next outcome, after you've empirically studied the data of course.
A photon without any luggage checks into a hotel, he's travelling light.
Doc
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March 28th, 2015 at 12:19:27 PM permalink
Bob, does your empirical probability approach suggest that you can collect data on real roulette rolls and summarize the outcomes to find that 50% of the results are in the 1st dozen, 50% are in the 2nd dozen, and 50% are in the 3rd dozen, as suggested in your earlier post?

I suggest you keep a close watch on your accountant.
OnceDear
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March 28th, 2015 at 12:31:12 PM permalink
Quote: EvenBob

I've been told on another forum that indeed,
if you're a good guesser of the next outcome
you could have a 50% chance on each dozen.
However, the probability has to be figured
out empirically, and not theoretically. Problem
solved.

"Empirical Probability of an event is ...."



EvenBob, You need to stop listening to the man on the internet. You need to stop using the word 'probability' (because you are not qualified). You need to stop digging yourself into a big embarrassing hole and most of all you need to stop believing and sprouting complete nonsense.
If someone is a lucky guesser of the next outcome, then he has a 32.42% chance on each dozen and might observe a 50% success rate. That does not change the FACT that the probability (chance) of those outcomes was 32.42% all along. You can continue to observe such good luck for an arbitrary amount of time and that could easily be a significant amount of time without being at all statistically unusual. There is no edge or advantage in luck. There is no such thing as a 'good guesser' there is only 'lucky guesser' or a guesser with a spell of 'good luck.' I have good luck in Blackjack. I have won more than I've lost even without counting. It's luck matey coupled with care. I'm not a good guesser.

Now, once and for all...
Draw three big circles of about 15cm diameter on a large piece of paper.

Take an item, any item will do, it can be an apple, the entire contents of your wallet, a pack of 20 cigarettes, or something intangible as the count of hours in a day. Or the probability of getting laid.

Put 50% of that item in the first circle. If it's the intangible hours, just write it in.

Put 50% of the item (otherwise known as the remaining 50%) in the second circle.

Now..... Put the other 50% in the third circle.

Do you see the issue? Do you?

I just know you are going to come back and say that the 50% only applies to the one that your good guesser likes at that instant in time. Well whoopy doo. Give 100% of your worldly wealth to him. He won't need it because, being a good guesser, he will already be as rich as Croesus.

'Good guessers' tell all their friends and anyone who will listen about all the times that their skill gave them a winning trip. They don't tell you about the trips that didn't go so well. Even I don't like to talk about those days. It's human nature. Get real. Use the empirical evidence of your own eyes and your own brain. And then knock off 17% for your own Confirmation bias
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
sodawater
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March 28th, 2015 at 12:37:31 PM permalink
This thread is a train wreck.

EvenBob just outed himself as having a sub-middle-school understanding of mathematics.
EvenBob
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March 28th, 2015 at 12:41:54 PM permalink
Quote: OnceDear

I'm not a good guesser.



Obviously. I stated in the original question
that this theoretical, not real. IF a person
could guess the next outcome more often
than not, he could indeed get 50% right
on each dozen. But it's not a fact, just
theory.

The interesting thing is, when I asked the
same question on a gambling forum, nobody
was confused, nobody laughed or mocked,
nobody 'set me straight'. I had the correct
answer in no time.

"Empirical probability is the most accurate scientific "guess"
based on the results of experiments to collect data
about an event."

Perfect.
"It's not called gambling if the math is on your side."
RS
RS
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March 28th, 2015 at 12:48:16 PM permalink
Quote: EvenBob

Obviously. I stated in the original question
that this theoretical, not real. IF a person
could guess the next outcome more often
than not, he could indeed get 50% right
on each dozen. But it's not a fact, just
theory.

The interesting thing is, when I asked the
same question on a gambling forum, nobody
was confused, nobody laughed or mocked,
nobody 'set me straight'. I had the correct
answer in no time.

"Empirical probability is the most accurate scientific "guess"
based on the results of experiments to collect data
about an event."

Perfect.



Every time you have the urge to post here, you should post it on your "gambling forum" instead.
EvenBob
EvenBob
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March 28th, 2015 at 12:58:23 PM permalink
Quote: RS

Every time you have the urge to post here, you should post it on your "gambling forum" instead.



Math questions for sure, nobody here got
it right.
"It's not called gambling if the math is on your side."
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