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Poker Forums / The Rail / Re: That Jenny Mason
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on: March 15, 2007, 09:13:00 AM
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 Completely gutted that Jenny went out of the EPT. I would like to console her. Could, um, someone PM me her phone number?
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Poker Forums / The Rail / Re: Odds vs Probability of it happening (8 Royal Flushes vs Lottery Win)
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on: March 15, 2007, 08:50:03 AM
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I have been doing approx £5 a draw for the past 8 years and have still not won more than £100.00.However using my approximations I should (based on probability) hit a big win within 12 years. So it will cost me approx £520 x 20 (years) = £10,400 to get a possible bumper return. (Or an opportunity cost of -£10,400 savings over the 20 year period).
Define big. Big would be top or 2nd top prize. The luck element would come in if you hit the top payout if it had accumulated to rollover status after a draws. Big would be £1m +. Ah, I think I understand now. This is actually pretty clever of you to non-negatively iterate the retro-odds, and by k-diversifying the probability forest, you demonstrate the Markov benefit paradigm of positioning a considered random and statistically myopic disequilibria muffin. I don't completely get it though... could you explain the maths slightly slower and in more detail -- I mean, can anyone who has spent £10,000 on the lottery over 20 years expect a £1m+ payout, or is it just you?
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Poker Forums / The Rail / Re: Odds vs Probability of it happening (8 Royal Flushes vs Lottery Win)
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on: March 15, 2007, 12:07:05 AM
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Your return on £1 spent on the lottery is about 2p-3p.
This is of course a load of bollocks... out of every £1 you spend, 50p goes into the prize fund; so your return on every £1 is, duh, 50p. I genuinely believe that some people are luckier than others too.
Well, a more likely explanation is that everyone is equally lucky, but some people seem luckier because of the variance.
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Poker Forums / The Rail / Re: Odds vs Probability of it happening (8 Royal Flushes vs Lottery Win)
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on: March 14, 2007, 07:58:32 PM
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Right, of course the odds 'reset' with every deal... it is perfectly possible that I could get a royal flush today and tomorrow despite 81 weeks not passing.
But in the same way that my mathematical expectation is one head for every two flips of a coin, on average you will hit a royal flush every 81 weeks (assuming you play 8000 hands/week and never fold).
I don't know what the chances of hitting a royal flush are in 'real life' (ie considering the play of the game, I might fold a hand that would have become a royal flush if only I'd stayed in, etc), but it would be normal to hit a royal flush every few years or so -- but you cannot expect to ever win the lottery jackpot (unless you spend £1000s/week and live till you're 350). It is silly to contemplate that the likelihood of these two events happening are comparable.
The concept of being 'due' a big win after playing the lottery for 20 years is risible. If you spend £10,000 on lottery tickets, your total winnings will be in the £100s. Keep at it though... at least you are funding opera houses etc for the other half.
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Poker Forums / The Rail / Re: Odds vs Probability of it happening (8 Royal Flushes vs Lottery Win)
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on: March 14, 2007, 05:45:42 PM
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I have been doing approx £5 a draw for the past 8 years and have still not won more than £100.00.However using my approximations I should (based on probability) hit a big win within 12 years.
You can't just go around randomly adding or mulitplying probabilities to each other. That's not how it works. It doesn't make any sense whatsoever to deduce from "The probability that I hit a royal flush is 1/1,500,000" that "The probability that I hit 10 royal flushes is 1/15,000,000" -- this is completely flawed for many reasons. Suppose you are an internet pro (which you probably aren't) and four-table for 40 hours/week... that's about 8000 hands/week. If the probability of hitting a royal flush is 1/650,000, then you will hit one every 81 weeks. Suppose you buy 1,000 lottery tickets per week. If the probability of winning the jackpot is 1/15,000,000, you will win once every 288 years. Your return on £1 spent on the lottery is about 2p-3p. I wouldn't be so rude as to hazard a guess of your return on £1 from playing poker.
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Poker Forums / The Rail / Re: A bet in bad taste
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on: March 12, 2007, 02:31:55 PM
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I think the betting on bodog is a bit distasteful and perhaps they should remove and void all bets.
But what counts as 'distasteful' is completely subjective... if you ban/remove everything that some people find offensive, there would pretty much be nothing left in the entire world. For example, we all like making jokes about, say, welsh people, or women drivers. I would miss those in your overly-PC world.
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Poker Forums / The Rail / Re: O/T Must read for anyone involved with a website
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on: March 11, 2007, 10:24:46 PM
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We are very strict about being "right & proper" in these things. We only use our "own" self-taken photos, (which we note are popping up on all manner of other Poker sites) & we don't allow stuff to be C & P from other sites onto blonde. Sadly, other sites don't seem too troubled by such opportunistic behavious. Even our Forum Posts get copied - unattributed - onto some Fora!
This is quite a good idea: http://rs.bahneman.com/protecting_your_images.php (warning: slightly technical) It is a script that automatically serves website users a watermarked image, but leaves the original file unmodified.
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Poker Forums / The Rail / Re: Spooky Laptops
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on: March 11, 2007, 01:41:45 AM
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A couple of nights ago I left my laptop on whilst I went in the bath, when I got out I realised it was switched off, tried turning it on again but it wouldn't go on... when I plugged the battery in the battery charger lit up but the laptop didn't (which it does to indicate that it is charging). I put it down to my wonderful ability to blow laptops up (like I did with my Dads in Oct time).
Anyway, the next day and the exact same thing happened to Mums laptop. They're a different make and age. Mum is getting a new one delivered cos it's still in warranty, mine is too but I was wondering if anyone could give me any advice.
Three computers fried in six months... seems unlikely. Maybe there is a problem with the electricity supply to your house. My computers are all surge-protected.
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Poker Forums / The Rail / Re: Sick Beagle
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on: March 08, 2007, 02:24:14 AM
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Unlucky... get well soon.
Would you describe your kitchen as (A) sparkling clean and spotless, or (B) dirty plates piled up by the kettle, old pots & pans festering in the sink, smells a bit of cat shit, and filth & grime everywhere?
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Poker Forums / The Rail / Re: mansion ott security
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on: March 05, 2007, 01:15:56 AM
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LOL to deposit they require me to send copy of card (breaks agreement with bank, you are not allowed to photocopy or scan a card). Copy of my passport. Then they will check with my bank the authorise a deposit, this will take.....................sometime by end of week.
No doubt if someone thieved your identity, used your card to deposit $$$ at a poker site, and then subsequently lost it all, you would be complaining that the poker site did not have enough security at the deposit stage??
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