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Message
From
07/08/1999 13:29:05
Dragan Nedeljkovich (Online)
Now officially retired
Zrenjanin, Serbia
 
 
To
06/08/1999 19:35:24
General information
Forum:
Visual FoxPro
Category:
Internet applications
Miscellaneous
Thread ID:
00250234
Message ID:
00251105
Views:
25
>>>This is just a test and kind of a crazy contest for us to try. I'm sure the results will be that it is truly impossible. Although if we do figure something out, we would use it ourselves. Marketing it for others would probably make it useless.
>>>
>>>What do you think?
>>
>>The only way to make money on dice is to sell dice.
>
>My friend, this is a beautiful statement.

It only sums up the theory of games, the bits I've read and others that I've contemplated. There's no zero-total commercial game available anywhere, unless two friends are betting, without any extra expenses. Even the pals who gather for a poker game spend some on drinks. So, anytime a game (or stock market) is organized, the organizer has a safe income, and everyone else is putting more money in than there's money going out. Why is there a 0 and a 00 on roulette? To spoil the maths: if you put it on black, you get 1:2, but the actual odds are not 18 out of 36, they're 18 out of 38.

Regarding stock market (which is just a mental exercise for me, never having had a closer look at it), the only people who really make money are the middleware people, who are sure to make a cent for their services; the others are gambling, and, in the long run, losing.

You probably can make big money in the long run, if you have some insider info (including the case when you know or rightly guess the future of a new technology), and invest some and wait while it grows. On the day market, I doubt it. I guess the people who think they feel the day market are far crazier than us coders.

back to same old

the first online autobiography, unfinished by design
What, me reckless? I'm full of recks!
Balkans, eh? Count them.
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