Short term vs long term and quitting while ahead (continued)

[mickeycrimm]

The lesson in my post is that AP's can lose over the long term

Only retarded ones.

But seriously, perhaps some extremely rare situations where that could happen... like if someone was always chasing situations where the bulk of the payback was all tied up in super rare events such as... dealt sequential royals, slot progressives, megabucks, sports long shots, Lotteries, razor-thin edges on something like UX VP. The opposite can hold true if someone gets lucky and hits those types of things.

FYI, we have to define the long run, because if we are talking about a true long run, your statement is absolutely incorrect.

There's little to no chance of this happening on games like baccarat. Yeah, I'm sure someone could show a computer simulation where someone runs well on all their bigger bets and keeps ahead of the game for a very long time.

Bob Dancer says playing UX gave him his only losing year. And you know he always plays with a theoretical edge. I think it was 2015.