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The Parity-Hedge system, part 28 June 2008
Dear Steve: I answered your first letter as best as I could and I don't usually answer follow-up letters to me that are sarcastic or pompous, but it's a new year and I'll make an exception in your case. As far as the Kennedy assassination, Gerald Posner would disagree with your sarcastic remark. Check this book out: http://www.amazon.com/Case-Closed-Harvey-Oswald-Assassination/dp/0679418253/ref=ed_oe_h. It postulates that Oswald acted alone. You question the "dribble about Star Trek" and Quatloos? Go here and discover for yourself: http://en.wikipedia.org/wiki/Quatloo The "doey-don't" of the Supersystem has nothing to do with the Parity-Hedge system. All evidence indicates that this Parity-Hedge system is a fraud, and the website that was going to give a full explanation of it in 2001 has failed to do so. There were no "whiz kids," neither I nor the Captain has anything to do with this thing in any way, so go "wink, wink" all you want. There is no "secret" here at all. There was no Japanese businessman who was murdered and buried in the desert. No Binion who saved some whiz kid's life. You've fallen for a modern myth. The doey-don't, or Supersystem, can be a pain in the neck for some dealers to handle and that probably explains why the dealer at the Horseshoe said what he said. If the player was not putting any odds up maybe this dealer, mistakenly, felt the bet didn't have a house edge. The fact is that the bet does have a house edge of about 1.4% on the Do and 1.4% on the Don't. It is a losing bet. Now, your explanation of betting a 12 as a hedge is very poor judgment for someone who has been "screwing with craps for twenty years." The 12 wager comes in with a massive house edge of about 13.9%. That means for every $1 you bet on this Crazy Crapper bet, you will lose about 14 cents. That's a monstrously bad expectation. I wouldn't bet a single Quatloo on that wager, nor should you! Sadly, you have fallen for the "Gamblers Quatloo," which is a belief in a system of play that cannot win because it is not true. The Don't appearing five out of five times, or four out of five times, is meaningless in a random game – totally meaningless. It has no predictive value. How do you know it is time for 7-outs? The math says that the average is about 17% of the time. How do you know more or fewer than that will come in the next 10 rolls; 20 rolls; 100 rolls? You don't. You are caught in the "Gamblers Quatloo" insisting that randomness can be predicted. It can't. Finally, I like the term "darkside" as it is a powerful term from Star Wars (you can look it up!) and indicates someone who is going against the "right" way to do things. So, sorry, I will keep using that term even if you think it "undermines" my intelligence to do so. All the best in and out of the casinos! Frank Scoblete This article is provided by the Frank Scoblete Network. Melissa A. Kaplan is the network's managing editor. If you would like to use this article on your website, please contact Casino City Press, the exclusive web syndication outlet for the Frank Scoblete Network. To contact Frank, please e-mail him at fscobe@optonline.net. Articles in this Series
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