Loo Waters retweeted
In 1986 a guy got kicked out of every casino in Vegas for counting cards. So he flew to Hong Kong with $180,000 and started betting on horses instead. He walked away with almost $900 million.
It's Bill Benter. He figured horse racing was just another counting problem. Same math, more moving parts.
He and a partner showed up with $180k and a computer. Benter spent years teaching that computer to guess one thing, the real chance each horse had to win. If his number was better than the odds the bookies gave, he bet. If not, he skipped it.
That's the whole trick. Expected value.
EV = p · b − (1 − p)
Only bet when your win chance p, at odds b, is worth more than your chance of losing.
This recording was never meant to be some hidden gem. Nobody expected Professor Tsitsiklis to hand the whole foundation away in 45 minutes, but that's exactly what happens on the board. Students in that room pay over $80,000 a year to sit through it. It's free right here. It's free right here.
Every quant, every professional bettor, every hedge fund analyst started with this exact hour. Benter just watched it and actually did the homework.
Almost nobody knows this lecture even exists. Watch it before it gets taken down.
The answer is in this video.
Hey @Verizon have you always made offers for sign up that can't be redeemed? Asking for a long time customer friend who's name is on this account.
Hey @amazon! Your app does no favor with the menu on the bottom and blocks the ability to place to a specific list.
So @wingstop, I order to give you guys a chance after a few years away after too many disappointments. This is what I get? Boneless wings or just chicken nuggets? Also, why do I need to add my own parm to my garlic parm nuggets?
Watching this Fiesta Bowl/semi-final game on @espn in 4k. No commercials, just silence and a shot of the field in breaks. As a viewer, I don't mind not getting the ads. As a media lifer, I'm hoping the advertisers knew going in that they wouldn't be seen on the 4k telecast.
Ok @YouTubeTV you figured out the Disney deal, all my channels are back EXCEPT my local ABC station. I keep getting a "Verify Location" prompt, I go thru the verification and then...I get it again. Fix this please!
Can't believe I'm coming on here for help from @facebook . Ugh! I was hacked, can't access anything, all methods to get this back under my control aren't working and you have no support off the site. A little help, please.
So don't have on a long opening drive because TV can't go to break. We saw just 50 seconds of play in over 13 minutes. Once breaks in play occurred. #cfp
Hey, @YouTubeTV, @CHSN goes live on Tuesday. Am I going to be able to watch my RSN? Can you give us a status update?
So could someone @Roku or @paramountplus tell me why the app won't load on my Roku TV? Yes, Roku TV, not a separate unit.
Loo Waters retweeted
BACK TO THE FUTURE was released 39 years ago today. One of the most beloved movies of the 1980s, and the film that made Michael J. Fox a movie star, the behind-the-scenes story is pretty heavy…
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Hey @NBCSports and @Google how am I to log into the NBC Sports app with my YouTube TV account when I get this...?
Thanks @Google Appreciate the Android update, now tell me how to lose the HUGE messages header when I open the Messages app. Useless addition and horrible waste of space. 🙄
Now today watching @THEPLAYERS in 4k, I don't know if it's @NBCSports or @YouTubeTV that has the issue but the audio is almost a full second ahead of the video. Not that way on regular HD.
Is it @YouTubeTV or @NBCSports that had the 4k broadcast of @THEPLAYERS looking pale compared to the standard HD telecast? Or is it me and I'm just not used to golf in 4k?
Too bad I can't get a dozen overtimes for Texas v Houston on @CBSSports so the golf can remain on @GolfChannel because now I'm going to have to watch the @PGATOUR on my terribly, over compressed, shit picture on @iowasnewsnow. Fix this!
Seriously, how does @CBS allow an affiliate to do this to their signal?
Thankful for @CBSSports showing this game in 4k so I didn't have to watch the awful over compressed garbage that my local CBS pumps out. Thanks for the horrible pic @iowasnewsnow
Maybe this is a @CBSSports problem or local @iowasnewsnow problem, but the picture for this HUGE football game sucks! It looks like it's shot on film, nothing smooth about live action at all, it's jumpy. It's garbage! Watching on a 50" 4k TV using OTA antenna. Should be clean!
Nice piece but a big factual miss on the TW shoe. He had a shoe each year from the start, it certainly didn't start in 2013, that was just the first time they moved from something traditional to an athletic style shoe. golfdigest.com/story/tiger-w… #nikegolf #tigerwoods









