Posted on July 22, 2000; later updates.
In Reply to: Roulette, Blackjack Systems: Wizard of Odds Gambling Challenge, Test in Casinos posted by Ion Saliu on July 22, 2000.
: Chip, why didn't you put "Don't gamble, you never win!" as the headline of your famous New York Times advertisement for the Powerplay roulette system? BRRRRRRRRAHAHAHAHA!!!!!!!
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? The casinos hate winners, but they love losers big time!
: I wouldn't give "The Lizard of Odds" a dime, even I were facing the firing squad. Even his name is stolen from a 1970's TV show!!! Pay him $1,000 to test my system??? That is, give my gambling systems away??? Are you nuts? And — to whom? To a gambling “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? Indeed, the probability p of an event is always the same. But there is another fundamental parameter of probability theory: the degree of certainty DC. The degree of certainty always increases with the increase in the number of trials N.
There are losing streaks and there are winning streaks — that's mathematics. The casinos and many gambling authors, however, grossly disregard probability theory. They established a "law" that "assures" very long losing streaks for the player — but never for the gambling establishment. Don't give me that bull — the gambler's fallacy! If there is honesty, things should closely resemble the calculations of my probability software Streaks.EXE. There should be also a reversed gambler's fallacy, Lady Chance says — but Wizard of Odds curses when he hears that!
• Here is in part what "The Wizard of Odds" (Lizard of odds is more accurate) said to me on Sunday, November 15, 1998:
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.
Michael Shackleford always fought publicly any gambling systems. Secretly, however, he has always promoted his own gambling systems. Michael Shackleford published recently (2013) a book where he sells what he calls “the best gambling systems”: "Gambling 102: The Best Strategies for All Casino Games"! How about that for schizophrenia?! Say nothing of the fact that "The Wizard of Odds" pirates the fundamentals of my gambling systems, where the streaks rule, because only the streaks represent mathematics!
Ultimately, more often than not, individuals of this type have their own gambling or lottery systems — albeit they publicly fight the validity of such systems! Their main concern is to keep the attention away from Ion Saliu's creations.
What a curious disease jealousy is when etched on a bloated ego and seeded in a deep complex of inferiority! It is a pathetic mixture of hypocrisy and schizophrenia!
"I received a phone call
From one who claimed was tall.
Then, he cursed me even worse
For my gambling on the horse."
Read also similar casino reaction towards yours truly, and gambling mathematics in general:
Read Ion Saliu's first book in print: Probability Theory, Live!
~ Founded on valuable mathematical discoveries with a wide range of scientific applications, including probability theory applied to casino, gambling, systems, blackjack, roulette, horse racing, sports betting, mathematics.
Posts in the same thread: