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The Law of Large Numbers

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Zeta Reticuli Star System
United States
Member #30470
January 17, 2006
10353 Posts
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Posted: January 14, 2009, 1:32 am - IP Logged

This is from an article in AARP about miracles.

"The Law of Large Numbers shows that an event with a low probability of occurrence in a small number of trials has a high probability of occurrence in a large number of trials", says Scientific American coulumnist Michael Shermer, author of Why People Believe Weird Things (W.H. Freeman, revised, 2002). "Events with a-million-to-one odds happen 295 times a day in America."

Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

Lep

There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.