Mathematics of Horse Race Gambling

Discussion in 'Physics & Math' started by Vic the Trader, Mar 24, 2010.

  1. Lakon Valued Senior Member

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    1,117
    Oh, Boy, you sure .. tailored .. that.

    No Tach, in translation;

    Tach - this thread is mainly about horse racing. To stay on topic and to not interfere with others I have opened a new thread, 'roulette'

    Anything else is supertition (irrational belief) combined with your .. emm, imaginative tailoring.
     
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  3. Tach Banned Banned

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    Got changed onward from post 10.


    In other words, you extended your trolling from one thread to a second thread.


    Yeah, "supertition"
     
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  5. Lakon Valued Senior Member

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    1,117
    It doesn't matter that it got changed. More recently, posters were definitely changing the discussion back to horse racing.

    Yeah, "supertition"

    Oh, I do that occasionally. When you are faced with your utter absurdity of thinking you somehow divined the future, some minor release for you .. some irrelevency for you to focus on is no bad relief valve. I am not that unkind, you know.
     
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  7. Tach Banned Banned

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    That is what you think. I can assure you that you think this way due to your inability to understand the explanations given to you repeatedly. I take it that you are much better at trolling than at comprehension.
     
  8. Lakon Valued Senior Member

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    1,117
    Indeed that's what I think. And it's the truth. You have given no explanation at all as to how you managed to tailor someones losing results to predict future events, which is what you assert.

    I see you haven't denied any of my propositions in the roulette thread. I'm sure if there was any error in them you'd be in there boots and all. In the next day or so (time permitting) I will extract a summary of your comments and post them there, as this thread here is about horse racing and I don't want to go off topic, particulary as other posters have recently been discussing horse racing.

    About your continued attempts at provication in calling me 'trolling' it's probably your guilt manifesting. Keep in mind it is you who has had a big black line through their name here recently, not me.

    And grow up!

    PS - this is my last post in this thread about roulette.
     
  9. Tach Banned Banned

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    5,265
    Well, it is wrong, you'll have to stop trolling on the subject and live with it.


    It is very simple, really, if you observe someone placing loosing bids for long runs (hint) and you place the opposite of their bid, you are bound to win for long runs. You repeatedly failed to comprehend this simple probability fact. Tell you what, you can try it too, beats your incessant trolling , you may even make some money, like I did. You will need to find someone with a laptop at the roulette table, though.

    I hope you keep your promise.
     
  10. Lakon Valued Senior Member

    Messages:
    1,117
    To stay on topic with each respective thread, I will reply to your 'explanation' in the roulette thread. This may be in one days time as I have a 500klm drive in front of me.

    PS - grow up!
     
  11. Tach Banned Banned

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    5,265
    Not interested in your trolling in multiple threads.
     
  12. Lakon Valued Senior Member

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    Lol .. I predicted THAT with a probability of .99

    Never mind. Your .. ahem .. mathematical prowess won't be needed.
     
  13. Tach Banned Banned

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    5,265
    You mentioned that this was your last post trolling this thread. This was three posts ago, I take it that trolling is much easier for you than trying to understand explanations

    Please Register or Log in to view the hidden image!

     
  14. Lakon Valued Senior Member

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    1,117
    Sad ..

    I said;
    PS - this is my last post in this thread about roulette.

    And the tailor tailored;
    You mentioned that this was your last post trolling this thread. This was three posts ago ..
     
  15. Captain Kremmen All aboard, me Hearties! Valued Senior Member

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  16. Jennifer Murphy Registered Senior Member

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    176
    Exactly
     
  17. hardalee Registered Senior Member

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    341
    See http://en.wikipedia.org/wiki/Vigorish They take a cut on both the winners and losers.
     
  18. Lakon Valued Senior Member

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    1,117
    Good article. When I was a student, for some spare bucks, I once got a job as a bookies 'penciler'. All I did was write down the bets as taken by the bookmaker, as they were made.

    But I observed that the bookmakers objective, was to 'make the book', ie, to balance the book in his favour so that he had an edge no matter the outcome. I was amazed - enthralled even, as to how the old guy (in his 70's) had everything in his head and constantly twiddled the knobs on his display board, to adjust the odds relative to the betting coming in. IE, if he had taken too much on the favourite he would wind it out to 'out of the money' so no one was interested in it.

    How the guy managed to do this with a dozen horses in a race, effectivley and in real time was amazing. But he did, and he had 2 rollers, a helicopter, etc.
     
  19. theplanets Registered Member

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    2
    I'm interested

    I'm very interested in the mathematics of horseracing--especially the mathematics of the pari-mutual system, whether horse or not.

    I have a question which is driving me crazy--it's strictly mathematical & has me totally stumped. I'm a non-scientist, non-mathematican.

    Can you help?
     
  20. theplanets Registered Member

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    2
    pari-mutuel mathematics

    jjjj
    Can any mathematicians help me with questions I have about the pari-mutual system
     
  21. Dinosaur Rational Skeptic Valued Senior Member

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    I composed a lengthy WordPerfecr document, which I had to convert to MS Word (WP files not accepted here)

    I hope the format converted okay
     

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