Lucky (mushrooms) and unlucky (birds) 1) Philosophy of a point A much quoted piece of wisdom goes like this: luck and bad luck balance each other out. This is a sentence worth thinking about. Even more than that, my reflections have unearthed a result: I doubt this wisdom. To put it bluntly, it is even…
Some philosophical thoughts on the subject of Luck “I forbid myself any further form of harassment.” Had you said that or just thought it? In any case, I simply cannot resist my fourth favourite pastime, philosophising. It comes upon me that way, unbidden. Of course, it would not be necessary to put all this down…
What is the Event Space? Did I actually promise somewhere to entertain you well? Well, if not, I would like to and am working on it. In mathematical terms, the event space in a random experiment consists of all the possible outcomes that can come out of this particular experiment. The sum of all the…
The topic of “payment morale” simply has to be addressed somewhere and sometime. A central question that concerns many, especially newcomers to gambling, is: “Who guarantees that I will get my money if I win?” For most, the state is the one “in the white coat”, the one who is trusted. So people prefer to…
I have been asked this question time and again since the beginning of my career. I would like to share a few general observations and considerations. From my point of view, the way things are handled at the moment is by no means permanent. There are many loopholes in the law that would have to…
When it comes to “presumption”, I sense a kind of high talent in myself. Not only do I permanently “presume” to have understood any connections, and moreover “as the only person in the world”, but I also bother fellow human beings and posterity with senseless achievements, all of which are not my doing (perhaps this…
It’s really worth thinking about. I hope you can confirm it soon. Which game do you play today, did you play in the past? Which one do you still play for money today? Every game has its elements, almost all of them form a combination of luck and skill. I would like to explore a…
I’ll now bring another illustrative example, which even transitions a little to my main activity.First of all: I would like to reassure you that as a child I too heard, learned and internalised the sentence: “If you want to bet, you also want to cheat”.And as a long time obedient child (you don’t have to…
If the two were to make a match, say over 10 games, then the better of the two would have to score, say, 60% of the points, i.e. 6 out of 10. Should the result be otherwise, one would conclude that either one has improved or the other has deteriorated, or both, and would try…
A system bet is basically a bet k out of n, where k thus indicates the number of games per combination bet and n the number of games. K out of n indicates the number of k permutations of an n-element set and is thus written as n over k. The number is calculated according…
