Related article:
[JULV
Returning to the article in ques-
tion, we find the table on page 15
and explanation of its contents : —
" The foregoing table gives the
numbers of trials, the percentages
of success and failure in the case
of roulette as compared with
various other cases of equal
chances. 1 premise that ** suc-
cess " means throwing into a red
compartment, or drawing a coun-
ter or ball of a given colour out of
a bag containing equal numbers
of two colours, or tossing a tail
(a head in Mr. Griffith's case), or
drawing any of the first forty-five
numbers out of a bag containing
ninety tickets numbered from one
to ninety.
"In theory the result of an
indefinitely great number of trials
ought to be 50 per cent, success
and 50 per cent, failure. In no
case, however, is this experi-
mentally reached exactly, but in
all the cases of large numbers we
have but small deviations from
50 per cent.'*
I was at once struck by this
last remark, bearing out as it does
in practice what De Moivre has
already told us. Later on we are
given another example from Monte
Carlo roulette when at the end of
31,374 spins the difference between
the colours is but 9. Further
investigation on my own behalf
only tended to emphasise the
apparent fact that there was no
power extant that could prevent
those chances eventually ap-
proaching each other, no matter
what eccentricities they had been
guilty of in the meantime.
Here, therefore, I had some-
thing definite to go upon, namely,
that apparently no power could
prevent the law of average work-
ing itself out. Such being the
case, I took unto myself this same
law as the fundamental basis of
my system, and a sound and valid
one I have proved it to be.
For by limiting my chances in
each coup, as clearly laid down
by this method, I protect myself
against ** fiuctuations from aver-
age " (which we are told ** are the
sole reliable test"), "redundances
of intermittences,*' &c., which
demonstrate that roulette at
Monte Carlo is not a game of
chance, and that no scheme, were
there, indeed, such possible, based
on the laws of chance would
suffice ** to break the bank."*
With these bank - breaking
schemes referred to by the writer,
I have nothing in common. On
the contrary, on his own showing
I ought to be quite content if I
can prevent the bank breaking
me and adding another to its
victims.
Having now developed my plan,
it will be seen that it is no suicidal
frontal attack. On the contrary,
I have taken a leaf Purchase Quetiapine Online out of my all-
conquering adversary's book, and
occupy a strongly-fortified posi-
tion awaiting his attack. If made
by these even chances, it is prac-
tically secure.
Protected against these ** re-
dundances of intermittences," I
await the appearance of perma-
nences, which are my opportunity
for counter-attack. Then, by the
method employed, it is clearly
pointed out when, in Stock Ex-
change language, I shall cut my
loss on the losing, how long I
shall run my Quetiapine Online profit on the winning
one.
As my loss on each occasion
can only be a very small one,
whereas on many my gain will far
exceed it, there is comparatively
little fear of my position being
** turned'* by the attack of those
even chances.
If one thinks fit to oppose the
consensus of opinion on any par-
ticular subject, it is useless to do
* The bank in question has a capital of ^Csf 000,000 1
1900.]
THE LAW OF AVERAGE V. THE LAW OP CHANCE.
17
SO, unless able to produce incon-
testable proof to support one*s
counter - argument. To do this
heretofore, I have taken Turf
records as the field for my ex-
amples, being, as they are,
authentic data, so that every
statement can be verified.
Thus in Purchase Quetiapine my last pamphlet* on
the subject, I took the mounts of
* "Among Generic Quetiapine the Jockeys in '99," published by
Heisis. Seale, 10, Imperial Arcade.
half-a-dozen of the leading jockevs
as being the most crucial test tot
my plan that these Turf records
afforded. It resulted in an all-
round improvement in their per-
centage of winning mounts, and,
from a practical standpoint, in-
stead of being <* an utter fallacy "
(as I have frequently read) to
" back " their mounts, it would
have proved a very pleasing fact,
as is duly shown.
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