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Thread: Card-Counting Is A Waste Of Time For Real Profitting

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  1. #11
    Originally Posted by Alan Mendelson View Post
    I have to agree with jbjb. The rebates only take the sting out of losing but don't make you a winner or give you an edge.
    I have to agree with myself. You're an idiot who doesn't understand the word, "Expectation," when used in a gambling context.

    By the way, if you win once and then lose and take your rebate, you're up $200,000. It's really not that fucking hard.

    Also, if you lose the first one and get $200,000 back, you're down $800,000 overall. If you follow that with a win, then you add $1,000,000 and you're up $200,000 overall.

    Pretend you start with $2,000,000 Alan, so you don't confuse yourself. Try really hard to follow this:

    $2,000,000

    $2,000,000 - $1,000,000 (Lost) = $1,000,000

    $1,000,000 + $200,000 (20% Back) = $1,200,000

    $1,200,000 + $1,000,000 (Win) = $2,200,000

    $2,200,000 - $2,000,000 = $200,000 (Profit)

    That's what happens with one win and one loss in any order.

    Now you see why I try to stick to easy stuff like coin flips. I'm doing that for you, Alan.

    (Redacted)

    I typed a paragraph really tearing into your intelligence, but fuck, I can't do it, man. It's like making a small child who I'm not even related to cry. You're trying really hard, Alan. I'll have your participation trophy ready when we meet so you can give me those nuggets.
    Last edited by Mission146; 08-29-2018 at 03:11 PM.

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