Posted on July 22, 2000.
In Reply to: Roulette, Blackjack Systems: Gambling Challenge, Test in Casinos posted by Ion Saliu on July 22, 2000.
: : Why didn’t you put "Don’t gamble, you never win!" as the headline of your famous “New York Times” advertisement for Powerplay roulette system? Secondly, after making the case on “gambler’s fallacy”, how can you still claim you are ahead $20,000 at baccarat? (By the way, is that enough for the house your partner just bought?) And why do you still keep your name secret, since you’ll be losing anyway? I can’t help it, I just have to ask a question from Pink Floyd’s “Money”: "Was he really drunk at the time?"
: I wouldn’t give the Lizard of Odds a dime, even I were facing the firing squad. Pay him $1,000 to test my system??? That is, give my systems away??? Are you nuts? And to whom? To an “authority” who never heard of the probability formula of M successes in N trials? An "authority" who sustains that tossing 200 heads in a row has the same chance as getting one heads?
• Here is the message "The Wizard of Odds" (? - Lizard of odds is more accurate) sent to me on Sun 15 Nov 1998:
"Hi Ion:
You have a very interesting, unique, and informative page and I would be honored to include it on my hotlist. I was especially interested in your commens on internet casinos and your assertion that the probability of winning is negatively correlated with bet size. People ask me all the time about this all the time, and others tell me what you just did based on their own experience. I think it would be a very worthwhile project to write up your research in this area, it is something that numerous people want to know. This is the sort of thing that should merit grant money. If this interests you and you would like an independent evualation of the evidence I would be willing to volunteer. I'm familiar with hypothesis testing and the statistical methods to test whatever your results are...
Take care,
Mike
shack@charm.net"
Ion Saliu's note 2008
Why was The Wizard of Odds first so enthusiastic with my gambling mathematics and theory? Why did Lizard of Odds turned 180 degrees and deleted my website from his hotlinks? Why is he so scared that doesn't even mention my name or theories anywhere?
Remember, he is a casino consultant, on the payroll of the casinos! (Incidentally, at that time, Mike Shackleford, the self-proclaimed Wizard of Odds, was also working for the U.S. Social Security Administration.) It was the casino executives who requested that Lizard dropped my web site from his hot links. The Fundamental Formula of Gambling (FFG) that I discovered and made available to gamblers is the most frightening opponent to the casinos. FFG is public enemy number one! Don't even mention it! Don't let many gamblers know about it!
That's the main reason why Wizard of Odds made an about-face. FFG is public enemy number one, as far as the casinos are concerned.
Read also similar casino reaction towards yours truly, and gambling math in general:
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