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Comment Re:Just lucky? [But why not Incredicolt?] (Score 1) 57

Ah! That's called a "negative pool", and when it happens, all winning bettors get a minimal positive payout, like $2.05 for a $2 bet. It almost never happens for "win" betting but you sometimes see it in the "show" pool (1st, 2nd, or 3rd place) for a big favorite. So that's a rare positive expectation. And people know this, and sometimes place huge bets to show on a big favorite, which gets you a few percent at a time until one loss wipes you out. It's called "bridgejumping", as in "if that horse doesn't at least come in 3rd I'm jumping off a bridge".

Comment Re:Link doesn't work and geometric distribution (Score 1) 57

I think the only "reasonable" goal is (as you say) not to pick the winner, but to correctly compute the odds of each horse winning, and then only bet if you can get more than that. An extra obstacle here is the dynamic odds in paramutuel betting, where you don't know your final payout for sure. (There are markets where you can get fixed odds, but that's not the typical case for US racing.)

Comment Re:Just lucky? [But why not Incredicolt?] (Score 2) 57

The gamblers are absolutely known to to be losing on average, because the way parimutuel betting works is that they put all the bets in a pile, take out the house percentage -- which pays for just about everything in racing except sponsored races -- and distribute the rest to the winners. And that take is not small; it's classically 17% for win/place/show betting and 25%-30% for exotics (top finishers in order or winners of multiple consecutive races).

Comment No kidding (Score 1) 76

"Nearly half of Americans are using third-party antivirus software and the rest are either using the default protection in their operating system -- or none at all."

Thanks for that second part, which covers all possibilities. It's like "half of marriages end in divorce, and the rest end in death" -- it could not be otherwise.

Comment Re:WINNING! (Score 1) 557

No, it's you not getting it. "Turning the other cheek" doesn't mean putting up with bad behavior, it means discouraging bad behavior so it doesn't occur in the first place. It's about setting boundaries on behavior

That may what you'd like it to mean, but here's the text:

https://quod.lib.umich.edu/cgi...

[38] Ye have heard that it hath been said, An eye for an eye, and a tooth for a tooth:
[39] But I say unto you, That ye resist not evil: but whosoever shall smite thee on thy right cheek, turn to him the other also.
[40] And if any man will sue thee at the law, and take away thy coat, let him have thy cloke also.
[41] And whosoever shall compel thee to go a mile, go with him twain.
[42] Give to him that asketh thee, and from him that would borrow of thee turn not thou away.
[43] Ye have heard that it hath been said, Thou shalt love thy neighbour, and hate thine enemy.
[44] But I say unto you, Love your enemies, bless them that curse you, do good to them that hate you, and pray for them which despitefully use you, and persecute you;

Nothing here about "discouraging bad behavior", at all. "Pray for them" is the best I see here

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