"70% of HiLo"? Can anyone here substantiate that?SPX said:Why do people doubt the sim results that show [OPP] to be about 70% as effective as Hi-Lo
Well, I don't know that he "supports" it, but there are an apparent number of odd things about Snyder these days - censorship, business disputes, etc. ... so I'll take a shot in the dark: Because Radar O'Reilly told him to! zgWhy do you think Arnold Snyder would support it if it wasn't a quality system?
I seem to recall that the first set of simulations did not use proper being spreads and were therefore skewed in favor of OPP. Also, it carries a very high level of variance:SPX said:1) Why do people doubt the sim results that show it to be about 70% as effective as Hi-Lo
zengrifter said:"70% of HiLo"? Can anyone here substantiate that?
Well, I don't know that he "supports" it, but there are an apparent number of odd things about Snyder these days - censorship, business disputes, etc. ... so I'll take a shot in the dark: Because Radar O'Reilly told him to! zg
Ps - One (the only?) positive attribute of OPP is that its cheaper than the Golden Touch SPEED COUNT.
I believe independent research by several people, including Qfit, MathProf and Cacarulo, all confirmed that OPP has about 33% of the power of HiLo. That’s the last I heard, maybe there has been more research since then.SPX said:"The power of the OPP count is again about 82% of the standard Hi Lo with no index play."
Indices are basic strategy departues that you make based on the count. When you know there are a lot of high cards left in the deck you will double down more often and hit less often to avoid busting, etc.SPX said:I am not a counter and have only read up on it, so I'm still not sure of the meaning of the term "indexes." Perhaps you can enlighten me.
Counting can definitely be a grind, but many people make a good supplemental income from it. How worthwhile it is will depend on you.SPX said:Fred Renzey has said before that it's possible to play an entire year via counting and end up in the negative. It's comments like that that make me think that maybe counting is just not worth it.
Here’s the answer:SPX said:If a year isn't the long term, what is?
As you can see from the link above, you don’t need to play a billion hands to reach the long run. That’s just a trick that the non-counters use because they don’t understand the math.SPX said:I will have to echo the statements made in many non counter books, and that's that I have never played a billion hands and neither will you.
Sonny said:As you can see from the link above, you don’t need to play a billion hands to reach the long run. That’s just a trick that the non-counters use because they don’t understand the math.![]()
Just because it worked for you doesn't mean it will work for everybody. People win the lottery but that doesn't mean that they should tell other people that it is a winning game. That is why the math is important to understand.SPX said:Let's say this: I believe that if I could use a particular method, playing 5 hours a day, 4 times a week, and come out ahead over the period of a year . . . people who count would still call it a losing method because the math doesn't work. If I repeated the success over the next 5 years, counters would still say it doesn't work.
Many of the authors don't give any indication of their level of play. One of the guys at my work brags that he's been winning for the past 5 years. I asked him how many time he plays and he said "about two weekends per year." Sometimes these authors are purposely deceitful or will exaggerate their claims in order to sell books (or to look cool in front of the new receiptionistSPX said:For those people who do write books about non-counting methods and who say that this is the way they've been doing it for years and they are ahead in their overall game, counters basically say they are either liars or lucky, but it seems to me that with that level of play, luck has nothing to do with it because the hours are so many that the "math" would've kicked in by that point.
I know that Walter Thomason, for instance, has spent quite a bit of time both playing and researching, and Jay Moore, another author I've read, recorded his results for an year of play at 5 hours per day, two days per week. I'm sure that's probably more than many people on here play!Sonny said:Many of the authors don't give any indication of their level of play. One of the guys at my work brags that he's been winning for the past 5 years. I asked him how many time he plays and he said "about two weekends per year." Sometimes these authors are purposely deceitful or will exaggerate their claims in order to sell books. Again, that's why it is so important to know the facts before you decide. Don't put your faith in someone's empirical evidence, look at the facts.
Not long enough. Walter Thomason’s system has been thoroughly proven to be a failure:SPX said:I know that Walter Thomason, for instance, has spent quite a bit of time both playing and researching…
Because you never know which losing streak it is. If you lose 4 hands in a row, is that the end of your 4-hand losing streak or the middle of your 8-hans losing streak? Maybe it’s the beginning of your 15-hand losing streak. How can you put stock in something you can’t predict?SPX said:Why do counters not put any stock into the numbers when it comes to how often you will have certain numbers of winning/losing streaks?
If you are a non-counter then you are ALWAYS more likely to lose the next hand. It doesn’t matter how many hands you have just lost (or won) you are always the underdog. However, if you count cards then you will know when the house edge has swung in your favor. That’s something you can put stock into.SPX said:Simulate a million hands or however many you want to simulate. Then determine whether or not, after 4 losing hands, the player wins the 5th hand more often than he loses it.
I would probably not tend to agree with that, which is why 10 hand losing streaks are less common than 3 hand losing streaks. I would be curious to see though. . .Sonny said:If you are a non-counter then you are ALWAYS more likely to lose the next hand. It doesn’t matter how many hands you have just lost (or won) you are always the underdog. However, if you count cards then you will know when the house edge has swung in your favor. That’s something you can put stock into.
See for yourself:SPX said:After 4 losing hands, over the course of 100,000 or a million hands or however many you want to play, do you win the 5th more often than lose it.
****, I wish I went to AC today. That would be pretty sweet.shadroch said:If I didn't know any better,I'd swear SPX was this guy I went to AC with today.It was so strange,I'm going to start a new thread on it.