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Preview of Upcoming Article in Black Jack Insider

Frank, you can have all the right intentions and the professionals can say the honest & right things until they're blue in the face. None of that will ever motivate regular players into ever admitting they even have anything resembling a problem. Worse still, AP's and the "experts & math people" aren't even convinced they're gambling as they play the machines.

Kudos to the person who can break down these barriers, and I look forward to what this gentleman has to say.

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----- Reply message -----
From: "Frank" <frank@progressivevp.com>

My upcoming article in BJI will be a very special interview with Dr. William G. McCown the author of "Best Possible Odds" and five other books on problem gambling, including his most recent book, "Treating Gambling Problems". He is currently the Dean of the University of Louisiana at Munroe.

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Rob wrote:

Worse still, AP's and the "experts & math people" aren't even convinced they're gambling as they play the machines.

How is seeing that underlying expected value is "real," whereas
fluctuation is illusory, "worse" than gambling addiction, which
requires the short-sighted view that fluctuation is "real?"

Steve Wynn is an advantage player. What kind of an edge does he hold at Blackjack? Is it 1% or 2% like a professional video poker player might hold? And with his overhead he probably has to win $1,000,000 a day just to breakeven. I wonder if he is convinced that he is not really gambling.

Am I alone in reading this and sensing a syncopated allusion to "Lions, and Tigers, and Bears! <oh my!>"?

(sorry, Rob ... couldn't resist :wink:

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rob.singer1111@yahoo.com" wrote:

... Worse still, AP's and the "experts & math people"

It is not too late to submit some questions if they were on topic. Our main subject with this interview is prevention.

~FK

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--- In vpFREE@yahoogroups.com, "rob.singer1111@yahoo.com" <rob.singer1111@...> wrote:

Frank, you can have all the right intentions and the professionals can say the honest & right things until they're blue in the face. None of that will ever motivate regular players into ever admitting they even have anything resembling a problem. Worse still, AP's and the "experts & math people" aren't even convinced they're gambling as they play the machines.

Kudos to the person who can break down these barriers, and I look forward to what this gentleman has to say.

What I believe you are alluding to is related to how people fail to account for the role chance plays in our lives and general over-reliance on the past as a predictor of the future. It is further linked to the science of heuristics, which explains the shortcuts humans use to make decisions with imperfect information.

Where problems arise is when people make those quick and dirty choices without realizing just how risky their decisions are, and how tenuous the information they base them on really is. This is never more prevalent than it is in gambling, where fluctuation dominates the entire time scale people can hold safely within their heads. Only by looking at meticulous long term large sample records can the truth be revealed.

I to was dubious of all things gambling related, until I had access to our old team records and got to see things from the POV of massive multi-million hand samples.

Try to remember Tom that most people don't have access to that kind or quality of information. Put yourself in their shoes. Their whole lives aren't an adequate sample to know what you and I take for granted. They are basing their opinions on personal experience without being privy to just how much experience lies.

One can disagree, but one can hardly blame them for making decisions based on their own lifetime of experience.

~FK

P.S. For anyone interested in "how much experience lies" and "how little a lifetime means", there are two standout books I've read recently: The Believing Brain by ~Michael Shermer...and The Drunkard's Walk by ~Leonard Mlodinow

I have read others, but those were the best.

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--- In vpFREE@yahoogroups.com, Tom Robertson <007@...> wrote:

How is seeing that underlying expected value is "real," whereas
fluctuation is illusory, "worse" than gambling addiction, which
requires the short-sighted view that fluctuation is "real?"

I had the pleasure once of getting drunk with a person who was a security guard at the Montana Women's Prison in Billings. He asked about my occupation and I didn't lie to him. He relayed some very interesting news to me. A third of the women in the prison were there on gambling related offenses, accumulated bad checks, embezzlement, fraud, outright theft, etc.

A Montana casino owner once told me that one of his expenses was replacing chairs that had been ruined by urine. That's pretty bad if a person is so zoned in that they won't even get up and go to the restroom.

Rob, call me slow, but I don't get where the "AP's, experts, and math people" are somehow responsible. Should the entire population not be enlightened on strategic gambling because a percentage of them will turn out to be compulsive gamblers? In that case, then ignorance reins.

Some kids will drive recklessly and kill themselves and/or others. Therefore, Driver's Education should be abolished. Is that what you mean?

Frank wrote:

What I believe you are alluding to is related to how people fail to account for the role chance plays in our lives and general over-reliance on the past as a predictor of the future. It is further linked to the science of heuristics, which explains the shortcuts humans use to make decisions with imperfect information.

Where problems arise is when people make those quick and dirty choices without realizing just how risky their decisions are, and how tenuous the information they base them on really is. This is never more prevalent than it is in gambling, where fluctuation dominates the entire time scale people can hold safely within their heads. Only by looking at meticulous long term large sample records can the truth be revealed.

I to was dubious of all things gambling related, until I had access to our old team records and got to see things from the POV of massive multi-million hand samples.

Maybe computer generated samples like that would help people with
gambling addiction. I don't think it's very hard to show that
gambling results aren't as chaotic as you say some people see them as.

Try to remember Tom that most people don't have access to that kind or quality of information. Put yourself in their shoes. Their whole lives aren't an adequate sample to know what you and I take for granted. They are basing their opinions on personal experience without being privy to just how much experience lies.

The appeal of religion may be in how it plays the same role to life in
general as computer programs that show exact expected value play in
gambling.

One can disagree, but one can hardly blame them for making decisions based on their own lifetime of experience.

~FK

P.S. For anyone interested in "how much experience lies" and "how little a lifetime means", there are two standout books I've read recently: The Believing Brain by ~Michael Shermer...and The Drunkard's Walk by ~Leonard Mlodinow

I have read others, but those were the best.

Do they discuss the subject of the difficulty with which people
overcome beliefs that they only held because most people believed
them?

···

--- In vpFREE@yahoogroups.com, Tom Robertson <007@...> wrote:

How is seeing that underlying expected value is "real," whereas
fluctuation is illusory, "worse" than gambling addiction, which
requires the short-sighted view that fluctuation is "real?"

I've put this in a format so people can follow the discussion better. New replies in-line after "FRANK REPLY".

Frank Wrote: What I believe you are alluding to is related to how people fail to account for
the role chance plays in our lives and general over-reliance on the past as a predictor of the future. It is further linked to the science of heuristics, which explains the shortcuts humans use to make decisions with imperfect information.

Where problems arise is when people make those quick and dirty choices without realizing just how risky their decisions are, and how tenuous the information they base them on really is. This is never more prevalent than it is in gambling, where fluctuation dominates the entire time scale people can hold
safely within their heads. Only by looking at meticulous long term large sample records can the truth be revealed.

I to was dubious of all things gambling related, until I had access to our old team records and got to see things from the POV of massive multi-million hand samples.

TOM REPLY: Maybe computer generated samples like that would help people with gambling addiction. I don't think it's very hard to show that gambling results aren't as chaotic as you say some people see them as.

FRANK REPLY: What night be helpful is long term real records of actual people. I don't think anything computer generated would be well received. The problem is that as a first step to addiction treatment GA tries to convince people that it's impossible to make money gambling, so the records of professional gamblers would not be something they would want distributed. It's never been tried. Convincing people to keep accurate daily records themselves is a treatment modality in some places, but again since total abstinence is the primary goal in treatment these days, from the time people enter treatment this is no longer possible.

Frank Wrote: Try to remember Tom that most people don't have access to that kind or quality of information. Put yourself in their shoes. Their whole lives aren't an adequate sample to know what you and I take for granted. They are basing their opinions on personal experience without being privy to just how much experience lies.

TOM REPLY: The appeal of religion may be in how it plays the same role to life in general as computer programs that show exact expected value play in gambling.

FRANK REPLY: I believe vpFREE has a no religion topic rule, so I'll abstain from commenting.

Frank Wrote: One can disagree, but one can hardly blame them for making decisions based on their own lifetime of experience.

~FK

FRANK WROTE: P.S. For anyone interested in "how much experience lies" and "how little a lifetime means", there are two standout books I've read recently: The Believing Brain by ~Michael Shermer...and The Drunkard's Walk by ~Leonard Mlodinow

I have read others, but those were the best.

TOM REPLY: Do they discuss the subject of the difficulty with which people overcome beliefs that they only held because most people believed them?

FRANK REPLY: Yes, in detail. The primary premise of "The Believing Brain" is that belief come first and then people look only for confirmatory evidence to support what they already believe, while discarding anything dis-confirmatory. Michael Shermer calls this, "Belief Dependant Realism". Most people adopt a mind set where it is quite literally impossible for their opinions to ever change, even in the face of new information.

One simple method by which this is achieved is to accept as true things you want to believe and to see anything that disagrees with your preexisting opinions as deception and lies. The reality is that people on both sides of arguments deceive and lie and one cannot judge a statement as truth merely because it agrees with what you want and expect.

A Montana casino owner once told me that one of his expenses was replacing chairs that had been ruined by urine. That's pretty bad if a person is so zoned in that they won't even get up and go to the restroom.

Perhaps this is more of an elderly incontinence issue? A neighbor of mine has ruined several chairs in our common space facilities. Now, whether the debilitation of age on the human body causing this is better/worse/different than caused by compulsive addiction will be left to the philosophers.