Weather Banter - View Single Post

Alan LeHun[_2_] · June 11th 11, 02:52 PM posted to uk.sci.weather

In article 9aec7f67-fc48-469b-a490-
, says...

Punters are as expert in probability
as the players, or nags, they punt on! The real probability is that
they will lose, whatever system, or bet they place........yet they do
it again the next week and the next, and the next. That's what punters
(i.e. mugs and losers) do.

For some professional (racing) gamblers, it's their only source of
income. Some of them live in very big houses. Poker, which is even more
pure in its application of probability, has a very large number of
successful, and professional, punters. Almost all successful gamblers
have a superb understanding of probability.

You really do love to degenerate people with a very large and very wide
sweeping (and badly applied) brush, don't you?

--
Alan LeHun