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October 15th, 2011, 09:47 AM
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Executive Member
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Join Date: Apr 2006
Posts: 5,141
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betting & numbers
think Kelly betting can save you?
fooughgettabout it.
better watch who yah make a bet with, never make a bet with certain people.
anyone notice my avatar changed.
yup no canoe, lost it in a bet, almost lost my wife and dog too.
oh yeah enough on betting theory...... here's something on number theory....
$0.50 + $0.50 + $0.50 + $0.50 does not equal $1.00 !
also
0.5% does not equal 1.0%
what a difference such itty bitty numbers can make. 
thank you for your time
note: in case anyone cares, i'm also changed who i might gonna vote for if i vote, and i'm seriously thinkin bout adding someone to my ignore list
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October 15th, 2011, 01:43 PM
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Executive Member
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Join Date: Feb 2007
Posts: 2,267
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Naked Kelly
Kelly offers little protection for the money you do have.
50% chance of losing half your bank with Kelly resizing
One of the reasons its advised to not bet full Kelly is because in the real world if may be hard to accurately know ones advantage.
Last edited by blackjack avenger; October 15th, 2011 at 01:57 PM.
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October 16th, 2011, 02:46 AM
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Executive Member
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Join Date: Apr 2006
Posts: 5,141
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Quote:
Originally Posted by blackjack avenger
Kelly offers little protection for the money you do have.
50% chance of losing half your bank with Kelly resizing
One of the reasons its advised to not bet full Kelly is because in the real world if may be hard to accurately know ones advantage.
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a'int that truth, especially when yer dead wrong, lol.
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October 17th, 2011, 08:04 PM
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Senior Member
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Join Date: Aug 2011
Location: Midwest
Posts: 108
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sage, I have no idea what you're talking about but it sounds terrible and for that you have my condolences.
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October 17th, 2011, 08:25 PM
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Executive Member
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Join Date: Apr 2006
Posts: 5,141
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Quote:
Originally Posted by NAP
sage, I have no idea what you're talking about but it sounds terrible and for that you have my condolences.
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i appreciate that, and now must apologize for the post, as it was a good deal tongue in cheek, inside joke sorta stuff. ie. nuthing really tragic happened, i just made a bad bet was all and i was 'sure' i had a sure thing. boy, was i wrong, lol.
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October 17th, 2011, 08:27 PM
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Senior Member
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Join Date: Aug 2011
Location: Midwest
Posts: 108
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Quote:
Originally Posted by sagefr0g
i appreciate that, and now must apologize for the post, as it was a good deal tongue in cheek, inside joke sorta stuff. ie. nuthing really tragic happened, i just made a bad bet was all and i was 'sure' i had a sure thing. boy, was i wrong, lol.
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I hope you didn't lose the brass ring!
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October 17th, 2011, 08:32 PM
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Executive Member
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Join Date: Apr 2006
Posts: 5,141
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Quote:
Originally Posted by NAP
I hope you didn't lose the brass ring! 
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noooo, nooo, that's all fine, lol.
again sorry bout the post and appreciate the thought.....
my bad, humor on the internet, like kids and animals, ruins a good act, shouldn't of tried it.
sorry Ken, sorry everyone. 
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October 17th, 2011, 08:38 PM
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Executive Member
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Join Date: Nov 2005
Location: SoCal
Posts: 10,532
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Quote:
Originally Posted by sagefr0g
...anyone notice my avatar changed.
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You are not a frog anymore - you are an angry gecko... but you are still a cold-blooded reptilian. zg
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October 17th, 2011, 08:43 PM
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Executive Member
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Join Date: Apr 2006
Posts: 5,141
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Quote:
Originally Posted by zengrifter
You are not a frog anymore - you are an angry gecko... but you are still a cold-blooded reptilian. zg
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there yah go, even my silly OP can lead to something of value.
errhhh yah, the predatory nature inherent in advantage ....... theory, there yah go.
now, far as that morphing stuff, goes, good chamo ehhh, anything further and we'd have to go to voodoo........ zenzone, not!!! at least not yet!
maybe after this post, though?????  
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October 17th, 2011, 10:32 PM
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Executive Member
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Join Date: Mar 2007
Location: Las Vegas, NV
Posts: 8,683
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Go ahead, make my day!
Quote:
Originally Posted by sagefr0g
think Kelly betting can save you?
fooughgettabout it.
better watch who yah make a bet with, never make a bet with certain people.
anyone notice my avatar changed.
yup no canoe, lost it in a bet, almost lost my wife and dog too.
oh yeah enough on betting theory...... here's something on number theory....
$0.50 + $0.50 + $0.50 + $0.50 does not equal $1.00 !
also
0.5% does not equal 1.0%
what a difference such itty bitty numbers can make. 
thank you for your time
note: in case anyone cares, i'm also changed who i might gonna vote for if i vote, and i'm seriously thinkin bout adding someone to my ignore list
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I got news for you:
$0.50 = $1.00 all by itself and
0.5% of 1.0% = 2%.
Also, you can watch movies instantly on your computer with Netflix!
Okay ,Sage, push the button, but first, you've got to ask yourself one question: 'Do I feel lucky?' Well, do ya, punk?
"I's gots to know."
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