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What IS Luck? What IS Luck?

09-28-2007 , 11:08 PM
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If there's no choice about anything then its all luck. Some are happier than others, no choices were made and they just got lucky.
What's the point? The discussion concerned whether this can be described as variance or not. Sure sounds like what you described can be called variance, and spread over the population it is neutral (some are "lucky" and some aren't).

The point with the table analogy is to say that no matter what poker room (birth place) you stumbled upon, the laws of the game are the same. Just because your outcome at one or another may be different is due to different circumstances, not because you are somehow endowed with a higher "+EV luck factor".
the question is what is luck? your +EV luck factor doesn't exist but luck does. So luck is not your +EV luck factor.

chez
What IS Luck? Quote
09-28-2007 , 11:58 PM
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If there's no choice about anything then its all luck. Some are happier than others, no choices were made and they just got lucky.
What's the point? The discussion concerned whether this can be described as variance or not. Sure sounds like what you described can be called variance, and spread over the population it is neutral (some are "lucky" and some aren't).

The point with the table analogy is to say that no matter what poker room (birth place) you stumbled upon, the laws of the game are the same. Just because your outcome at one or another may be different is due to different circumstances, not because you are somehow endowed with a higher "+EV luck factor".
the question is what is luck? your +EV luck factor doesn't exist but luck does. So luck is not your +EV luck factor.

chez
So then we agree: luck is variance, as stated previously.
What IS Luck? Quote
09-29-2007 , 12:16 AM
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If there's no choice about anything then its all luck. Some are happier than others, no choices were made and they just got lucky.
What's the point? The discussion concerned whether this can be described as variance or not. Sure sounds like what you described can be called variance, and spread over the population it is neutral (some are "lucky" and some aren't).

The point with the table analogy is to say that no matter what poker room (birth place) you stumbled upon, the laws of the game are the same. Just because your outcome at one or another may be different is due to different circumstances, not because you are somehow endowed with a higher "+EV luck factor".
the question is what is luck? your +EV luck factor doesn't exist but luck does. So luck is not your +EV luck factor.

chez
So then we agree: luck is variance, as stated previously.
well it depends what you mean by variance and whether its always meaningful but if you just mean that whilst some people are better off then others through no fault/efforts of their own but no-one has the laws of probability in their favour then yes we agree.

chez
What IS Luck? Quote
09-29-2007 , 01:23 AM
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If there's no choice about anything then its all luck. Some are happier than others, no choices were made and they just got lucky.
What's the point? The discussion concerned whether this can be described as variance or not. Sure sounds like what you described can be called variance, and spread over the population it is neutral (some are "lucky" and some aren't).

The point with the table analogy is to say that no matter what poker room (birth place) you stumbled upon, the laws of the game are the same. Just because your outcome at one or another may be different is due to different circumstances, not because you are somehow endowed with a higher "+EV luck factor".
the question is what is luck? your +EV luck factor doesn't exist but luck does. So luck is not your +EV luck factor.

chez
So then we agree: luck is variance, as stated previously.
well it depends what you mean by variance and whether its always meaningful but if you just mean that whilst some people are better off then others through no fault/efforts of their own but no-one has the laws of probability in their favour then yes we agree.

chez
Even if the laws of probability were in their favor, that would still be variance.
What IS Luck? Quote
09-29-2007 , 01:27 AM
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Quote:
Quote:
Quote:
Quote:
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If there's no choice about anything then its all luck. Some are happier than others, no choices were made and they just got lucky.
What's the point? The discussion concerned whether this can be described as variance or not. Sure sounds like what you described can be called variance, and spread over the population it is neutral (some are "lucky" and some aren't).

The point with the table analogy is to say that no matter what poker room (birth place) you stumbled upon, the laws of the game are the same. Just because your outcome at one or another may be different is due to different circumstances, not because you are somehow endowed with a higher "+EV luck factor".
the question is what is luck? your +EV luck factor doesn't exist but luck does. So luck is not your +EV luck factor.

chez
So then we agree: luck is variance, as stated previously.
well it depends what you mean by variance and whether its always meaningful but if you just mean that whilst some people are better off then others through no fault/efforts of their own but no-one has the laws of probability in their favour then yes we agree.

chez
Even if the laws of probability were in their favor, that would still be variance.
yes, variance in how lucky people were in things like card games. It would be variance luck that resulted in +EV luck.

chez
What IS Luck? Quote
09-29-2007 , 07:32 PM
isnt luck = variance?
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12-03-2016 , 03:20 PM
Bumping an old thread. The subject of luck never gets old.

Any new ideas? I don't think luck is simply a variance.

"I know he's a good general but is he lucky"?
Napoleon Bonaparte

Last edited by tirtep; 12-03-2016 at 03:26 PM.
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12-03-2016 , 03:41 PM
Luck is fictive.
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12-03-2016 , 03:48 PM
Maybe, maybe not.

"Good luck" with that line though.

Oops, you don't believe in luck.
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12-03-2016 , 06:07 PM
Luck is what happened in the past.
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12-03-2016 , 06:57 PM
I always just viewed it as positive variance.

When it comes to experience of luck i guess you can talk about it in many ways. E.g you could set yourself up for luck by doing solid preparation etc, or lower your expecations or demands/standards making you feel luckyer.
What IS Luck? Quote
12-03-2016 , 08:58 PM
Luck is the concept that people rely on to maintain their belief that they are good when things go poorly for them.

Related, it is not unheard of for someone will pretend that they believe that luck was on their side when things go well for them when they want to appear humble.
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12-04-2016 , 06:38 AM
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Originally Posted by BrianTheMick2
Luck is the concept that people rely on to maintain their belief that they are good when things go poorly for them.
Damn, I do this all the time.

What's the alternative?
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12-04-2016 , 02:38 PM
The alternative? Don't do it Charlie! Isn't the luck something that happened in the past? Just messing with you.:
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12-04-2016 , 03:21 PM
You can have been lucky in the past, but nobody has a propensity to be lucky in the future, is point I was trying to make.

Apologies for misstating the bleeding obvious.
What IS Luck? Quote
12-04-2016 , 03:34 PM
Sorry, by the way was it a original line?
What IS Luck? Quote
12-04-2016 , 03:37 PM
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Originally Posted by lastcardcharlie
Damn, I do this all the time.

What's the alternative?
Booze and Pills?
What IS Luck? Quote
12-08-2016 , 08:42 PM
A quick quiz question:

Who wrote this:

"But bad luck comes in many disguises".

Clues:

1- He is a very good poker player, whom I like the best.

2- He wrote this in his blog on June 10, 2011.

I think I'm making it too easy...
What IS Luck? Quote
12-09-2016 , 02:32 PM
"If there weren't luck involved, I would win every time."

Too, too easy.
What IS Luck? Quote
12-09-2016 , 03:58 PM
That is self-delusion. Did the poker brat say that? You still didn't answer the "too easy question" bro!

By the way, he is not the one. Do a little more research chief. You're capable of that.

Last edited by tirtep; 12-09-2016 at 04:03 PM.
What IS Luck? Quote
12-09-2016 , 11:04 PM
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Originally Posted by lastcardcharlie
Damn, I do this all the time.

What's the alternative?
Why would you want an alternative?!?
What IS Luck? Quote
12-10-2016 , 12:42 AM
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Originally Posted by tirtep
That is self-delusion. Did the poker brat say that? You still didn't answer the "too easy question" bro!

By the way, he is not the one. Do a little more research chief. You're capable of that.
Did a quick search, not finding anything, but it must be DNegs?

What IS Luck? Quote
12-10-2016 , 12:47 AM
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Originally Posted by BrianTheMick2
Why would you want an alternative?!?
For not self-fooling? But you could also think it's windmills, not bad luck. Also the "luck" statement contains too much emotion for describing random processes.
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12-10-2016 , 01:41 AM
No, he is not the one,

If I tell you, you might be surprised how could you miss the answer I gave you an important clue though, the date of the blog.

Probably, he is reading our conversation and having fun with it.
What IS Luck? Quote
12-10-2016 , 01:46 AM
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Originally Posted by tirtep
Probably, he is reading our conversation and having fun with it.
We'd be lucky if he did.
What IS Luck? Quote

      
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