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Why do so many people suck at predicting randomness?

Started by Bally6354, June 15, 2019, 11:08:32 PM

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Bally6354

This could explain why so many people like to play for the cut/chop as noted by several members here!





Sometimes it is the people who no one imagines anything of who do the things that no one can imagine.

alrelax

Exactly!  Great!  A great example of exactly that.  And they are reinforced to the millionth power when they get those 10 out of 13 or 15 out of 20ish correct. 

Then when the 4s or the 7s or the two events of 11 to 15 repeats in the same shoe and they lost, while others won tens of thousands of dollars, everyone looks at each other and gets flustered and mad, at least the majority of them anyway.

The cut/chop player sees all the money he could have won and the streak or camaraderie or crazy stupid player wagering on what the actual event is and exploiting it, becomes a tad bit reserved as they are set to wager thousands and that cut/chop wagerer is down there wagering the opposite side for table min with his eyes attempting not to make contact with all the others. 

The story goes on......................but it is reality at the B&M guys.
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Johno-Egalite

Quote from: Bally6354 on June 15, 2019, 11:08:32 PM
This could explain why so many people like to play for the cut/chop as noted by several members here!




Good video, makes a lot of sense mathematically, has been proven statistically by both Zumma book to be true.  I designed my own method around this type of play back in 2004 and was positive after 3 months of play. it didn't involve sitting on ones behind at any the table, yet still managed to engage in some decent camaraderie with the regulars.

The video above is also promoting column / templates, Hmm, I always suspected I was on the right track while avoiding this guess the shoe section turning point baloney.
Maths is great like that.  Once it's been proven that no method exists to do what you claim, it's not necessary to go through the details of your system to prove that it doesn't work.  You claim that it does something which can be proven impossible, therefore your claim is false. The details don't matter.  I use the names Junket, Junket King, Lugi, Mark Teruya, Rolex, Relex, Rolex Watch, Mark, Eaglite, JohnO & More depending on what day it is and whom I am attempting to be!

Bally6354

I agree that it's a great little video which makes you think.
If let's say on average most people can only interpret random in their own head to between 25% to 50% of how it really manifests itself, then is it any wonder that most people fail miserably when trying to guess the outcomes. Years ago I used to rock up to the casino with a mate of mine and he would only ever dabble on the outside chances on roulette with a £5 stake. You know that I can honestly say that I can't really remember him winning more than a couple of times. So it's not like he lost in the long run. He kept losing in the short run because he sucked at predicting randomness.






Sometimes it is the people who no one imagines anything of who do the things that no one can imagine.