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The Four Most Pervasive Myths About Gamblingby James Randi Most of us know little, if anything, about statistics. It's a never-never land we can live without, something for those guys in white coats and thick glasses to mumble over. And because we don't bother to learn the basics of this rather interesting field of study, we sometimes find ourselves unable to deal with the realities that the gambling process produces. I often present my audiences with a puzzle. Suppose that a mathematician, a gambler, and a magician are walking together on Broadway and come upon a small cluster of people who are observing a chap standing at a small table set up on the sidewalk. They are told that this fellow has just tossed a quarter into the air and allowed it to fall onto the table, nine times. And that has produced nine "tails" in a row. Now the crowd is being asked to bet on what the next toss of the coin will bring. The question: How will each of these three observers place their bets? The mathematician will reason that each toss of the coin is independent of the last toss, so the chances are still exactly 50/50 for heads or tails. He'll say that either bet is okay and that it doesn't make any difference which decision is made. The gambler will go one of two ways; either he'll reason that there's a "run" taking place here -- and that a bet on another tail will be the better choice -- or he'll opine that it's time for the head to come up, and he'll put his wager on that likelihood. The magician? He has the best chance of winning because he knows that there is only 1 chance in 512 that a coin will come up tails nine times in a row -- unless there's something wrong with that coin! He'll bet tails, and he'll win! The reasoning of the mathematician is quite correct, that of the gambler is quite wrong (in either one of his scenarios), but just as long as that isn't a double-tailed coin. The point of view taken by the magician is highly specialized, but human nature being what it is, that view is probably the correct one. In professional gambling centers such as Las Vegas, great care is taken to ensure that there are no two-tailed quarters or other purposeful anomalies that enable cheating to take place. The casinos make their percentages on the built-in mathematical advantage, which is clearly stated and available to any who ask, and though that is a very tiny "edge," it's enough to pay for the razzle-dazzle that lures in the customers. It's volume that supports the business. The scrutiny that is applied to each and every procedure in Vegas is evident everywhere. So, Fallacy Number One: Cheating of some sort is necessary for an operation to prosper. It isn't. Fallacy Number Two: Some people just have "hunches" and "visions" that enable them to win at the slots and tables. Sorry folks, it just ain't so. The science of parapsychology, which has studied such claims for many decades now, has never come up with evidence that any form of clairvoyance (clear seeing, the supposed ability to know hidden data, such as the next card to come up in a deal or the next face on the dice) or telepathy (mind reading) actually exists. It's remarkably easy for us to imagine that we have a hot streak going, or that the cards are falling our way, but the inexorable laws of chance prevail and always will. Fallacy Number Three: There are folks who can give us systems for winning. Now, judicious bet placing is possible, and there are mathematical methods of minimizing losses, it's true. But the investment and base capital needed to follow through with these methods makes them a rather poor investment. The return percentage can be earned much more easily by almost any other form of endeavor, at less risk and less expenditure of boring hours following complicated charts and equations. The best observation we can make on the "systems" is this: Why would the inventors of the "systems" sell something that they themselves could use to get rich, which is what they say you can do with it? Think about that! Of course, the simplest of all the systems is bet doubling. It sounds great in theory, but an hour spent tossing coins in your hotel room, or at the gaming tables, will convince you that theory and practice are quite different matters. Bet doubling, as applied to heads or tails (on a fair coin!), consists of placing a unit bet on the first coin toss, then pocketing the proceeds if you win but doubling your bet on the next toss if you lose. If you get a lose, lose, win sequence, that means you will have lost three units (one plus two) and won four. You're up one unit. You start again. If you get a lose, lose, lose, win sequence, you've put out 15 units and brought in 16. Again, you're up only one unit. And no matter how long your sequences go, you'll always be up only one unit at the end of a sequence. It requires you to make that "unit" somewhat sizable if you want to have any significant winnings at all, and that may mean going bankrupt by simply running out of capital before a sequence ends -- and if you hang on, you'll have been able to end up only one unit ahead, in any case. Not a good investment at all. Fallacy Number Four: Studying the results of the roulette wheels will provide the bettor with useful data. We're peculiar animals, in that we constantly search for meaning in all sets of observations. That's how subjects of Rorschach tests find weird faces, figures, and creatures in inkblots that are actually random patterns with single symmetry. Similarly, any sets of roulette results are, essentially, random numbers; there are no patterns to be found there that can give indications of probable future spins of the wheels. Bearing in mind that those wheels are carefully monitored to detect any biases or defects, we should conclude that finding clues in past performances is futile. I recall that when I worked in Wiesbaden, Germany, just after World War II, I stuck around late one night after closing at the "Spielbank" and watched as an elderly gentleman removed all the rotors of the 12 wheels they had in operation, wrote out the numbers 1 to 12 on separate scraps of paper, and reassembled the wheels according to the random order in which he drew each slip of paper from a bowl. He was ensuring that any inconsistencies in the wheels would be essentially nullified. Yet, as he told me, the front desk at the casino continued to sell booklets setting out the results of each of the wheels because patrons insisted on having them and persisted in believing that there just had to be a pattern there, if only it could be found. We're only human. We can't escape certain defects in our thinking mechanism, but we can resist reacting to them. When we see Penn & Teller or Lance Burton doing their wonders, we smile smugly and assure ourselves that those miracles are only illusions. But if we haven't solved those illusions, and we haven't, how can we assume that we aren't being fooled by our own self-created delusions? Let's get a grip on reality and enjoy Las Vegas for what it really is: a grand illusion, a fairyland, a let's-pretend project, but not one in which the laws of nature are suspended or can be ignored. Enjoy! James Randi is a world-class magician (the Amazing Randi), now involved in examining supernatural, paranormal, and occult claims. He is the author of 11 books on these subjects and is the president of the James Randi Educational Foundation in Fort Lauderdale, Florida. The JREF offers a prize of $1 million to any person who can produce a demonstration of any paranormal activity. His website is www.randi.org, where details of the offer can be found.
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| Home > Destinations > North America > USA > Nevada > Las Vegas > Gambling > The Four Most Pervasive Myths About Gambling |