Tuesday, December 15, 2009
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In fact, we are facing the possibility of a financial crash today, and the great danger is that most of the people in what is called the economics business actually do not believe in economics. What they actually believe in is gambling. They refer to it as a financial system; but its actually a system of gambling. People who understand this, since Galileo developed this idea using gambling for the basis of discovering how markets would work, have tried to get a better mathematical system for gambling. Therefore, these guys who run the financial world these days, depend on assuming that they have found a "better system, such as one you could use for handicapping the horses. But, in the end it sometimes handicaps the bettor, as he finds himself on the street, broke, and being chased by his debtors.
So, what you've got today, as we found out with what happened in our financial district in August through October of 1998, is that the people in charge now rely upon mathematics. And they also have top of the line computers to help them They can now place their buy orders(money bets) faster, they can write mathematical formulas and find statistics faster than ever before. But what they're all actually trying to find is the best system of gambling. They are also all in competition to get in on the system. This results in a simple fact. When all the gamblers are using very much the same system, and are gambling against each other for the same goal, guess what? They all will fall together at the same time.
Today, with legal gambling in 47 states, wouldnt it be great to find a mathematical solution to winning at a game of chance? Then, to beat the house you would only need a little internet savvy, some software to speed up the process, and an excellent grounding in probability theory.
Just imagine the possibilities. No more 9-5. No more financial concerns. Live the lifestyle you want. Take care of your family. Now, just to discover how to develop the formula.
There is also a system that has been in use for many years, and it does work. The only drawback is that this system only works with the game of Black-jack or commonly known as 21. Also, if the casino figures out that youre using this method, you will be asked to leave. The system is commonly known as card counting, and it assigns a numerical value to each card and you are supposed to keep track of the total value of each hand as the dealer goes through the deck. When the deck is re-shuffled, you have to start all over. This system takes a considerable amount of concentration on the task at hand if it is to work properly.
As for myself I think I would prefer to find something that would be more versatile in the casinos or in forex trading.
See Also:
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- Bob Frankston, Software Innovator, Says on IdeasProject.com That Post-Telecom Connectivity Will Spur Innovation
- World Charms Launches Fall 2009 Fashion Accessories Line for Preview
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