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Why the MIT Blackjack Team Became Entrepreneurs

MoarInternets Re: Hedge fund managers = lottery winners (61 comments)

I'm citing Warren B as evidence that people (some, and not by luck) can beat the market consistently. You haven't refuted my point though.

about a year ago
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Why the MIT Blackjack Team Became Entrepreneurs

MoarInternets Re: Hedge fund managers = lottery winners (61 comments)

No doubt some of them are lucky but to say that all of them are lottery winners is silly. See Ed Thorp, Jim Simons or Warren Buffet.

about a year ago
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Edward Tufte's Library Up For Auction

MoarInternets I wonder (45 comments)

If the auction catalog will be up to his standards!

about 4 years ago
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Revised Mass. Gambling Bill Won't Criminalize Online Poker

MoarInternets Re:Oh teh noes. (104 comments)

Right. It's part of what makes the game so much fun. In chess if an expert played a noob he would probably crush him every game, but with poker the noob always has a chance. The game teaches you a lot about your own psychology too, since if you are a winning player you will likely eventually hit a downswing that you thought was impossible before.

more than 4 years ago
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Mass. Gambling Bill Would Criminalize Online Poker

MoarInternets Re:Gambling online is completely fucking stupid (296 comments)

Why would a site need shills to make money? They poker sites take rake out of pots to generate revenue. The more pots played, the more money they make. The ideal situation for them is for players to play as much as possible.

Please also consider this argument, which is completely parallel to your own:

How can you prove that some websites aren't scamming?

You are a complete retard if you let them scam you.

I have no problem with banning websites worldwide.

more than 4 years ago

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