[extropy-chat] Mature rationality

[Mike Lorrey]

--- David <deimtee at optusnet.com.au> wrote:

> Mike Lorrey wrote:
> > --- Paul Bridger <paul.bridger at gmail.com> wrote:
> > 
> > 
> >>On Mon, 13 Sep 2004 17:43:54 -0700 (PDT), Mike Lorrey
> >><mlorrey at yahoo.com> wrote:
> >>
> >>>If everybody followed eliezers rules, nobody would ever bet
> against
> >>>the house... what a FUN world THAT would be, eh?
> >>
> >>I agree that it's great that there are (other) people who bet
> against
> >>the house, but I don't really think losing is fun.
> > 
> > 
> > Never counted cards, eh?
> 
> Wouldn't counting cards (and estimating probabilities) be a Bayesian
> thing to do ? :)

It is Bayesian, but it's still betting against the house, and against
the odds.

But go ask the MIT card counting ring if gambling is any fun anymore.

On a side note, isn't a dislike of risk a sign of aspergers?

=====
Mike Lorrey
Chairman, Free Town Land Development
"Necessity is the plea for every infringement of human freedom.
It is the argument of tyrants; it is the creed of slaves."
                                         -William Pitt (1759-1806) 
Blog: http://www.xanga.com/home.aspx?user=Sadomikeyism


	
		
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