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More data is required

Posted By: John May
Date: 22 Aug 01, 11:03 am

In Response To: answers (Stanford Wong)

I did lose money betting on the NFL last year. However, my aggregate lifetime sports-betting win is approaching six figures.

Hmmm-so when you started making all your picks available you stopped winning? Is that accidental? Did you always bet before releasing your picks?

Don Schlesinger says Dan Gordon has gone 269-202 against the spread over the past five years. Don Schlesinger is as honest as they come.

I am sure he is honest, but that is "only" a one in a thousand shot. It would be impressive if Schlesinger had never monitored any either service, but undoubtedly he has done so at least to some limited extent, so some correction to the Gordon sample must be made due to sample bias.
The same sort of thinking has led to many people coming up with betting systems for blackjack, craps, roulette etc. Indeed, I saw a crapshooter roll the dice for an hour last night, which is roughly a one in four thousand shot. He claimed to be using telekinesis, but I am sceptical...

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Messages In This Thread

a question -- Arthur -- 21 Aug 01, 5:11 pm
answers -- Stanford Wong -- 21 Aug 01, 7:05 pm
Virtually all attainable -- Don Schlesinger -- 21 Aug 01, 7:36 pm
More data is required -- John May -- 22 Aug 01, 11:03 am
More data will come -- Stanford Wong -- 22 Aug 01, 1:39 pm
Highly doubtful -- Don Schlesinger -- 22 Aug 01, 7:02 pm
Don, you are one lovable smartass! (nt) -- Compador -- 22 Aug 01, 8:01 pm
Chunk Bet -- Fezzik -- 22 Aug 01, 10:40 pm
Wong +500 looks resonable -- Math Boy -- 23 Aug 01, 8:22 am
I'm impressed -- Don Schlesinger -- 23 Aug 01, 9:33 am
not that great an estimate -- Math Boy -- 23 Aug 01, 3:47 pm
Spoilsport -- John May -- 23 Aug 01, 4:09 pm
DonS is running the wrong way! -- fezzik's chunk bet -- 23 Aug 01, 11:15 pm
Eye of the beholder -- Don Schlesinger -- 24 Aug 01, 8:36 am
you're not as smart as i thought you were -- docriver -- 24 Aug 01, 10:06 am
Strange thought processes -- Don Schlesinger -- 24 Aug 01, 5:13 pm
you believe because you know him...but what about us? -- docriver -- 24 Aug 01, 5:28 pm
Honest answers -- Don Schlesinger -- 24 Aug 01, 6:36 pm
Four years -- docriver -- 24 Aug 01, 5:30 pm
219/391 -- Don Schlesinger -- 24 Aug 01, 6:40 pm
a little math question -- docriver -- 24 Aug 01, 6:43 pm
Math question -- Colin Caster -- 24 Aug 01, 8:06 pm
Suggestion: List those 391 picks -- Stanford Wong -- 24 Aug 01, 8:34 pm
Just asking -- Don Schlesinger -- 24 Aug 01, 9:07 pm
Don, isn't this two-faced? -- Fezzik -- 25 Aug 01, 12:20 am
No new picks with old prices, please -- Stanford Wong -- 25 Aug 01, 7:14 am
Always boils down to the same thing -- Don Schlesinger -- 25 Aug 01, 8:54 am
Classic DonS Deflection Post -- Fezzik -- 24 Aug 01, 8:56 pm
Too serious -- Don Schlesinger -- 25 Aug 01, 8:45 am
I think you touched some nerves Don -- DowntownMan -- 25 Aug 01, 1:26 pm
I don't expect an answer . . . -- Don Schlesinger -- 25 Aug 01, 5:56 pm
Good post! -- Fezzik -- 25 Aug 01, 9:01 pm
Question re: " correction to the Gordon sample". -- samo666 -- 23 Aug 01, 2:43 am
You need to look at the total number of touts tested -- John May -- 23 Aug 01, 3:07 am
Asinine analysis -- Don Schlesinger -- 23 Aug 01, 9:36 am
Er...why? -- John May -- 23 Aug 01, 1:13 pm
Guess you can't read -- Don Schlesinger -- 23 Aug 01, 4:34 pm
Corrections & Honest Touts -- Bob Fisher -- 23 Aug 01, 5:29 pm
Quite misguided analysis -- Don Schlesinger -- 23 Aug 01, 8:53 pm
Baccarat vs touting -- John May -- 24 Aug 01, 12:24 pm
I thank God every day -- Don Schlesinger -- 24 Aug 01, 5:28 pm
What makes Stanford Wong an authority on football wagering? -- Colin Caster -- 21 Aug 01, 11:10 pm
Wong has established -- John May -- 22 Aug 01, 4:39 am

 

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