Two Plus Two Publishing LLC Two Plus Two Publishing LLC
 

Go Back   Two Plus Two Poker Forums > Internet Poker > Internet Poker

Notices

Internet Poker Discussions of Internet poker venues.

Reply
 
Thread Tools Display Modes
Old 05-20-2011, 05:25 AM   #151
centurion
 
Join Date: Jan 2010
Posts: 124
i think so .. im pretty positive thats correct

The law of averages is a lay term used to express a belief that outcomes of a random event will "even out" within a small sample.

As invoked in everyday life, the "law" usually reflects bad statistics or wishful thinking rather than any mathematical principle. While there is a real theorem that a random variable will reflect its underlying probability over a very large sample, the law of averages typically assumes that unnatural short-term "balance" must occur.[1] Typical applications of the law also generally assume no bias in the underlying probability distribution, which is frequently at odds with the empirical evidence.

if guy gets dealt say AKs in his hand which is 331:1 its pretty safe to assume and more likely that he wont have it again the next hand ...
Is that not correct ? He could get it again yes but it is not as likely as say he was 300 hands from his last AKs.
You understand?

Belief that an event is "due" to happen: For example, "The roulette wheel has landed on red in three consecutive spins. The law of averages says it's due to land on black!" Of course, the wheel has no memory and its probabilities do not change according to past results. So even if the wheel has landed on red in ten consecutive spins the probability that the next spin will be black is still 48.6% (assuming a fair European wheel with only one green zero: it would be exactly 50% if there were no green zero and the wheel were fair, and 47.4% for a fair American wheel with one green "0" and one green "00"). (In fact, if the wheel has landed on red in ten consecutive spins, that is strong evidence that the wheel is not fair - that it is biased toward red. Thus, the wise course on the eleventh spin would be to bet on red, not on black: exactly the opposite of the layman's analysis.) Similarly, there is no statistical basis for the belief that a losing sports team is due to win a game or that lottery numbers which haven't appeared recently are due to appear soon. This sort of belief is called the gambler's fallacy.[1


there an example from wikipedia lol

Last edited by Mike Haven; 05-20-2011 at 05:56 AM. Reason: 4 posts merged
LimitBOSS is offline   Reply With Quote
Old 05-20-2011, 05:38 AM   #152
Carpal \'Tunnel
 
mg0698's Avatar
 
Join Date: Nov 2007
Location: 6g1p muthfuka
Posts: 8,772
Re: Take 60k off a guy on cake and cakepoker takes the funds out of my account wtf

sux OP GL
mg0698 is offline   Reply With Quote
Old 05-20-2011, 05:41 AM   #153
grinder
 
R3cuRsioN's Avatar
 
Join Date: Jul 2008
Location: raleigh
Posts: 503
Quote:
Originally Posted by LimitBOSS View Post
i think so .. im pretty positive thats correct
no.

is this a level brah? i rly hope so.

somebody tell me if dude is leveling here, i honestly can't tell.

everything u just quoted directly contradicts your belief.

pretty sure ur leveling now.

Last edited by Mike Haven; 05-20-2011 at 05:56 AM. Reason: 2 posts merged
R3cuRsioN is offline   Reply With Quote
Old 05-20-2011, 05:41 AM   #154
centurion
 
Join Date: Jan 2010
Posts: 124
Re: Take 60k off a guy on cake and cakepoker takes the funds out of my account wtf

Quote:
Originally Posted by mg0698 View Post
sux OP GL
haha yea thanks.
LimitBOSS is offline   Reply With Quote
Old 05-20-2011, 05:45 AM   #155
centurion
 
Join Date: Jan 2010
Posts: 124
Re: Take 60k off a guy on cake and cakepoker takes the funds out of my account wtf

Quote:
Originally Posted by R3cuRsioN View Post
no.

is this a level brah? i rly hope so.

somebody tell me if dude is leveling here, i honestly can't tell.
what if every flop in the world at poker came down with 3 of the same suit the odds are infinite basically but it is possible according to odds .
Law of averages = that wont happen ..
im just rambling on here hahaha
LimitBOSS is offline   Reply With Quote
Old 05-20-2011, 05:47 AM   #156
adept
 
Join Date: Jul 2009
Posts: 1,066
Re: Take 60k off a guy on cake and cakepoker takes the funds out of my account wtf

lol did u reed wikipedia

As invoked in everyday life, the "law" usually reflects bad statistics or wishful thinking rather than any mathematical principle.


Not exactly reasoning a good poker player would use for how he played a hand. But, some of your other stuff makes sense based on the limits you were playing.
Ixiterra is offline   Reply With Quote
Old 05-20-2011, 05:49 AM   #157
centurion
 
Join Date: Jan 2010
Posts: 124
Re: Take 60k off a guy on cake and cakepoker takes the funds out of my account wtf

well poker is about evualting everything situation to the max lol

Last edited by LimitBOSS; 05-20-2011 at 05:55 AM.
LimitBOSS is offline   Reply With Quote
Old 05-20-2011, 06:32 AM   #158
banned
 
CoronaAndLime's Avatar
 
Join Date: Feb 2011
Location: Poker Tables in Philly AC area
Posts: 989
Re: Take 60k off a guy on cake and cakepoker takes the funds out of my account wtf

Quote:
Originally Posted by LimitBOSS View Post
what if every flop in the world at poker came down with 3 of the same suit the odds are infinite basically but it is possible according to odds .
Law of averages = that wont happen ..
im just rambling on here hahaha
confirmed level now, imo
CoronaAndLime is offline   Reply With Quote
Old 05-20-2011, 06:58 AM   #159
centurion
 
Join Date: Jan 2010
Posts: 124
Re: Take 60k off a guy on cake and cakepoker takes the funds out of my account wtf

Waiting on a reply from cake security management to the email i replyed to the last one they sent. Guy replyed saying have to wait 24 hours as the email was forwarded to manager of scecurity department or somthing even though it was the same guy "walter" who told me my funds had been took out of my account .
Anyway when they reply ill post it on here ...
LimitBOSS is offline   Reply With Quote
Old 05-20-2011, 07:23 AM   #160
grinder
 
Join Date: Apr 2011
Posts: 510
Re: Take 60k off a guy on cake and cakepoker takes the funds out of my account wtf

In case the OP is serious about the law of averages...

In the events of hands, cards, roulette, etc...what has happened previously has no bearing on the event of the current deal/flip/spin. If you got aces last hand, you still have the same odds (1 in 221) to get aces this hand.

The law of averages states that in the long run, you can expect (with no guarantees of course) the mathematical frequencies to get closer to their expected values.

If you flip a coin 10 times, you are much more likely to deviate far away from the expectation (5 heads/5 tails) than if you flip it 10,000,000 times. The larger the sample, the closer (% wise) you will get to the expected values.

Whether or not your AK missed the flop last time, it still has the same chance to hit this time
OmahaDonk is offline   Reply With Quote
Old 05-20-2011, 07:39 AM   #161
centurion
 
Join Date: Jan 2010
Posts: 124
Re: Take 60k off a guy on cake and cakepoker takes the funds out of my account wtf

Yea i know lol ...
LimitBOSS is offline   Reply With Quote
Old 05-20-2011, 07:52 AM   #162
grinder
 
Join Date: Apr 2011
Posts: 510
Re: Take 60k off a guy on cake and cakepoker takes the funds out of my account wtf

Quote:
Originally Posted by LimitBOSS View Post

if guy gets dealt say AKs in his hand which is 331:1 its pretty safe to assume and more likely that he wont have it again the next hand ...
Is that not correct ? He could get it again yes but it is not as likely as say he was 300 hands from his last AKs.
You understand?
What you said is the exact opposite of what is true, just so you know. Just trying to help. The fact that you got AKs last hand changes nothing. Your odds of getting it this hand are the same. And next hand too, even if you get it again. Or if you don't. Independent events.
OmahaDonk is offline   Reply With Quote
Old 05-20-2011, 08:00 AM   #163
centurion
 
Join Date: Jan 2010
Posts: 124
Re: Take 60k off a guy on cake and cakepoker takes the funds out of my account wtf

okie dokie . who said the odds changed
LimitBOSS is offline   Reply With Quote
Old 05-20-2011, 08:13 AM   #164
veteran
 
Join Date: Jun 2009
Posts: 2,387
Re: Take 60k off a guy on cake and cakepoker takes the funds out of my account wtf

That is pretty sick.

I mean wtf is the definition of rational poker? When we tilt we dont play rationally same when we are drunk (if we play drunk) etc.....
archie1st is offline   Reply With Quote
Old 05-20-2011, 08:21 AM   #165
old hand
 
Join Date: Jun 2010
Location: Check raising stupid tourists
Posts: 1,359
Re: Take 60k off a guy on cake and cakepoker takes the funds out of my account wtf

Hand convertor? My question is how did the guy get sixty k onto the site in the first place? The whole sixty k was fraudulent funds ? Stolen credit cards etc? How long did the guy have sixty k on the site for?

LOL Cake Security
ZeckoRiver is offline   Reply With Quote

Reply
      

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -4. The time now is 12:51 AM.


Powered by vBulletin®
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 ©2011, Crawlability, Inc.
Copyright © 2008-2010, Two Plus Two Interactive