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Old 8th May 2008, 03:06 PM   #1 (permalink)
CLM in ND
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Default Luck versus odds

On May 8, 1:47 pm, Patrick <dickens12...m> wrote:
> Although my mind knows better, my heart seems to tell a different
> tale...
>
> Most gamblers seem to subscribe to some sort of momentum, or "run".
> You see poker players talking about going on a lucky run, blackjack
> and craps players talk about how "hot" or "cold" a dealer or table is,
> and even baccarat players tracking results to hopefully "predict"
> future outcomes.
>
> It all seems to fly in the face of true probability and odds, but most
> of us have seen it ourselves. I've played entire shoes where the
> dealer always seems to get the better of me, and other shoes where it
> seems I cannot lose a hand. So - as fallacious as "streakiness" is -
> it DOES seem to exist.
>
> Or does it?


Speaking as one who turned $9 into $600+ at a $3 Golden Gate craps
table, I would say runs, streaks, etc., most certainly do exist.

Cameron
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