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<p>[QUOTE="T-Bone0804, post: 937435, member: 24608"]John Scarne is reported to have made a lot more playing craps than he lost, but it was not a 'living.' considering that to make a living playing craps one would have to bet millions of hands over a lifetime to do such a feat, mathematically it isn't possible. You can easily beat craps in the short-run. The problem is when all the short-runs add up to the long run and you hit the wall of statistics and you lose. The more one plays the more likely one is run into the enivitability of losing.</p><p><br /></p><p>As a side note, the doctorate mathemtics and game theory department at Brown has a standing $1 mil and honorary doctorate in math for anyone who can overcome the mathematical advantage in any casino over the long run (defined as 10 million plays). Over 10,000 people have submitted theories and systems, none have made it past a test of 50,000 plays. Way short of the 10M mark. Doug if you can beat the house edge, you Should give them a call.[/QUOTE]</p><p><br /></p>
[QUOTE="T-Bone0804, post: 937435, member: 24608"]John Scarne is reported to have made a lot more playing craps than he lost, but it was not a 'living.' considering that to make a living playing craps one would have to bet millions of hands over a lifetime to do such a feat, mathematically it isn't possible. You can easily beat craps in the short-run. The problem is when all the short-runs add up to the long run and you hit the wall of statistics and you lose. The more one plays the more likely one is run into the enivitability of losing. As a side note, the doctorate mathemtics and game theory department at Brown has a standing $1 mil and honorary doctorate in math for anyone who can overcome the mathematical advantage in any casino over the long run (defined as 10 million plays). Over 10,000 people have submitted theories and systems, none have made it past a test of 50,000 plays. Way short of the 10M mark. Doug if you can beat the house edge, you Should give them a call.[/QUOTE]
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