@engineer,
actually he didnt. YES, he said it was a P question. BUT my further question was about the complexity of making a profit based on a strategy that MUST change!! and i clearly stated the reasons why i FELT IT MUST. AND CLEARLY ASKED IF HE COULD GO THROUGH WHAT I HAD PROPOSED AS FACTS AND CORRECT ME IF I WAS WRONG. HE BLATANTLY DIDNT AND JUMPED STRAIGHT ONTO MY DISMISSAL OF HIS OPINION BECAUSE HE FELT INSULTED THAT I WOULDNT JUST TAKE HIS WORD FOR IT.
NONE OF YOU HAVE TAKEN MY WORD FOR WHAT I SAY BUT YOU HEVENT SEEN ME TRY TO SHOOT ANYONES POINT DOWN OR BELITTLE THEM, JUST ASKED FOR FURTHER CLARIFICATION.
I EVEN SAID PLEASE AND THANK YOU AFTER I RECIEVED EVERY ANSWER BECAUSE I WAS ACTUALLY SINCERELY GRATEFUL FOR THE INSIGHTS...
AS I SAID AT THE START OF THIS OPINION IS IRRELEVANT BECAUSE IT IS BIASED TOWARDS THE SELF. FACT HOWEVER CANNOT BE DISPUTED..
i play roulette all day every day and with my knowledge make a very good living doing so. FACT!
if i played one single strategy then yes the odds of a definate win are easy to calculate. but that is ONLY if you play that strategy consistanly, such as betting on black OVER AND OVER AND OVER AGAIN... WHICH IS JUST DUMB. and although may be calcuable on paper, THAT CALCULATION bears no resemblence to the UNKNOWN reality you may face, IT IS PURELY SPECULATIVE. That reality is unknown because regardless of what your calculation may show on paper, in true reality you are dealing with RANDOM INPUT which by the very definition of "Random" means it must be unknown....
As shown in MAXDANCONA's earlier example an even money bet will return 1 to 1. now if you lose once and then again youve lost 2 chips. if make that same bet again and you win at the next round you only recoup 1 chip that you have lost.. You have neither factored for possible loss because you cant know what that loss will be if you are constantly changing the way and amount you bet....
let me give you an example... Place a bet of 1 on Red @ 1/1 return odds. 48.65% probability that you win. we are only going to play 10 spins. So you do the math and work out that over 10 spins made the exact same way your probability of winning is "X". But then the randomness associated with the roulette wheel delivers 8 straight blacks.... YOU NOW HAVE 8 STRAIGHT LOSSES, AND THE CALCULATION YOU MADE TO WORK OUT THE PROBABILITY OF WINNING IS PROVED WRONG, because the REALITY is that you have worked out what is "PROBABLE" AND THE TRUE REALITY CANNOT BE CALCULATED BEFORE THE EVENT HAS HAPPENED BECAUSE IT IS BASED ON A RANDOM UNKOWN INPUT!
IF SOMETHING IS PROBABLE IT CANNOT BE CERTAIN.
PROBABLE = WHAT COULD BE
CERTAIN = WHAT IS
CERTAINTY IS ABOUT PROVABLITY, PROOF MUST ALWAYS RELY ON FACT OTHERWISE IT IS CALLED HYPOTHOSIS. I Asked wheter it was possible to profit with absolute certainty. TELLING ME YOU CAN CALCULATE THE POSSIBILITY/PROBABILITY OF SOMETHING HAPPENING DOES NOT MEAN THAT THAT THING ACTUALLY WILL COME TO PASS, BECAUSE YOU MAY GET 8 BLACKS....
So is it possible to calculate with CERTAINTY that you are going to win?
Only if there is one constant (THE BET STRATEGY) within the equation, otherwise, with math and probability at its current understanding, NO.
PLEASE PLEASE PLEASE TELL ME IF ANY OF MY REASONING ABOVE IS WRONG AND ILL JUST STFU AND GO AWAY. IF WHAT I SAY IS RIGHT THOUGH, MY QUESTION STILL HASNT BEEN ANSWERED.
I FEEL AS IF IM BANGING MY HEAD ON A BRICK WALL TRYING TO LAY OUT MY PERSPECTIVE ON THE PROBLEM AS BEST I CAN FOR OTHERS TO UNDERSTAND, WHEN I DONT QUITE FULLY UNDERSTAND IT MYSELF...