Quote:
Originally Posted by
mickeycrimm
Integrity Sports says kelly betting does not apply to sports betting because just because you consistently won in the past does not mean you will win in the future.
Integrity Sports also promised something like a 10% or 15% return for a 4 month investment. In other words, those future bets are going to cash and show a profit.
So in the first case, according to Integrity Sports, you CAN'T count on winning, but in the 2nd case, you CAN count on winning.
How does that work, redietz?
Even back in my youth, I wrote carefully, is how that works, mickey.
I see you didn't provide a screen shot of the alleged quote. Let's look it up in real time, shall we?
Well, mickey, care to rewrite what you wrote? I understand you didn't have the advantage of a college education, so I will walk you through it. Now understand that I wrote this 27 or 28 years ago.
"Modus operandi" means "characteristic or well-established way of doing something." There is no "promise." It's implicit that any reference is to past results. It's also implicit that any reference to 10-15% profit is a goal going forward, not a guarantee.
Even back in my youth, I knew better than to misuse phrases like "EV."
No charge for the vocabulary lesson. But if you're going to quote me next time, quote me. Don't paraphrase what you think something might mean. Or if you don't clearly remember what I said, have the work ethic to look it up before typing. And then head to Wikipedia for a definition if you don't understand a word or phrase.