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A Random Sampling

MoneyLA
MoneyLA
Aug 8, 2011
2:02pm
Block User
This may be the "point": given a random sample most people might be clueless about the math of VP. So when presented with a hand such as Ah 4c 5d 6h 7s an uneducated player might hold only the A on Bonus Poker. The math says hold the open ended straight draw. Singer in Example #3 on my site says only hold the A. The random sample might agree.

And Frank thank you for joining my Forum.
FrankKneeland
FrankKneeland
Aug 8, 2011
2:59pm
Block User
Quote
Originally posted by: MoneyLA
This may be the "point": given a random sample most people might be clueless about the math of VP. So when presented with a hand such as Ah 4c 5d 6h 7s an uneducated player might hold only the A on Bonus Poker. The math says hold the open ended straight draw. Singer in Example #3 on my site says only hold the A. The random sample might agree.

And Frank thank you for joining my Forum.


Given a random sampling of people most will likely be clueless more than you could guess. My now dead partner Jerry used to make this bet:

$20 you could ask the next casino employee of your choice, how many thousands are in a million?

If they get it wrong, you give him $20. If they get it right, he gives you $20. He was up $280 on the bet in one year. It's a sad state of affairs out there.

~FK
arcimedes
arcimedes
Aug 8, 2011
8:59pm
Block User
Quote
Originally posted by: chefantwon
Uh Frank, gambling in the US is restricted to those 21 years of age and older.


Actually, it's determined by the individual states.
arcimedes
arcimedes
Aug 8, 2011
9:17pm
Block User
Quote
Originally posted by: FrankKneeland
Right or wrong, I would like to know, which system has more public appeal and why. What we see on the forums is people who are extremely pro or extremely con for a particular system. I need to know from a random sampling how representational these view-points are to public opinion in general.

~FK


The reason for the "appeal" is called MONEY. If you want to test 18-20 year olds come to MN where they can gamble legally.


chefantwon
chefantwon
Aug 8, 2011
9:35pm
Block User
snidely333
snidely333
Aug 8, 2011
10:59pm
Block User
Quote
Originally posted by: FrankKneeland
Quote
Originally posted by: mrmarcus12LVA
Well, that's sort of the whole point, Snide Man: to prove or disprove that assertion. You're begging the question.


Indeed. That really is the question. Do we have any early guesses?

What percentage of people do you think will be most interested in which system has the greatest mathematical advantage?

Keep in mind that you have to account for how many people are aware of such concepts, and then how many of those can do the math correctly.

I'm not very hopeful. I should refrain from guessing myself.

~FK



Just because people can't do the math or understand the math doesn't mean that they won't trust in the math.


KayPea
KayPea
Aug 9, 2011
12:38am
Block User
Quote
Originally posted by: snidely333

If the people you have in the study have half a brain, they will just tell you that you they should play the system that gives them best mathematical advantage.


What percent of people do you think would give that answer?

Personally I think it would be a very low percentage. By your comment I suspect you think it would be a high number. Frank will be testing which one of us is right.

Does it even matter if one system is better than another if people can't tell (or don't care) that there is a difference?
mrmarcus12LVA
mrmarcus12LVA
Aug 9, 2011
1:03am
Block User
Quote
Originally posted by: KayPea Frank will be testing which one of us is right.
Um, OK. Frank did you get that? You are to test whether Snidely or KayPea is right.

Um, yeah, seriously, though, I think about all that can come from this type of study is stuff that has been better proven elsewhere. E.g. people are not equally risk adverse, people lie about their risk tolerances, people lie to themselves about risk, etc. The insurance industry has been doing this kind of stuff for a century.


Quote
Originally posted by: MoneyLA The math says hold the open ended straight draw. Singer in Example #3 on my site says only hold the A. The random sample might agree.

And Frank thank you for joining my Forum.
And thank you, Money, for helping to prove that you can't make quad aces or a royal flush by discarding the ace. We were all waiting with great anxiety for that "special play."

chefantwon
chefantwon
Aug 9, 2011
1:56am
Block User
Quote
Originally posted by: snidely333
Quote
Originally posted by: FrankKneeland
Quote
Originally posted by: mrmarcus12LVA
Well, that's sort of the whole point, Snide Man: to prove or disprove that assertion. You're begging the question.


Indeed. That really is the question. Do we have any early guesses?

What percentage of people do you think will be most interested in which system has the greatest mathematical advantage?

Keep in mind that you have to account for how many people are aware of such concepts, and then how many of those can do the math correctly.

I'm not very hopeful. I should refrain from guessing myself.

~FK



Just because people can't do the math or understand the math doesn't mean that they won't trust in the math.


You of course are aware that a good percentage of people in Frank's age group can't name the Vice President Of the United States?
Random
Random
Aug 9, 2011
3:02am
Block User
Quote
Originally posted by: KayPea
Does it even matter if one system is better than another if people can't tell (or don't care) that there is a difference?

It certainly matters to the casinos. :-)

There is an argument to be made that the the "value" of a system to the player is variable if you are measuring results beyond the $ outcome. To the casino these measures may be factors, for example, machines with high hit rates, but the casino only cares about other factors to the extent that they have a positive impact on the main measure, which is how much revenue the system generates for them.
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