Denkfehler, die uns Geld kosten (20): Die Tragik von Monte ...

TIL in a game of roulette at the Monte Carlo Casino on August 18, 1913, the ball fell in black 26 times in a row.

submitted by ktmac00 to todayilearned [link] [comments]

TIL on 18 August 1913, in Monte Carlo Casino, 26 roulette spins in a row landed on black. The odds of such an occurrence are 1 in 66.6 million. Many gamblers lost millions of francs as they continually (and incorrectly) reasoned that red was due to come up next.

TIL on 18 August 1913, in Monte Carlo Casino, 26 roulette spins in a row landed on black. The odds of such an occurrence are 1 in 66.6 million. Many gamblers lost millions of francs as they continually (and incorrectly) reasoned that red was due to come up next. submitted by howtokillyourdreams to todayilearned [link] [comments]

TIL on 18 August 1913, in Monte Carlo Casino, 26 roulette spins in a row landed on black. The odds of such an occurrence are 1 in 66.6 million. Many gamblers lost millions of francs as they continually (and incorrectly) reasoned that red was due to come up next.

TIL on 18 August 1913, in Monte Carlo Casino, 26 roulette spins in a row landed on black. The odds of such an occurrence are 1 in 66.6 million. Many gamblers lost millions of francs as they continually (and incorrectly) reasoned that red was due to come up next. submitted by unremovable to unremovable [link] [comments]

[Request] On August 18 1913 in a casino in Monte Carlo a roulette table landed on black 23 times in a row. Given the number of roulette tables in the world, what is the likelihood for this event to occur in any given 100 year span?

submitted by regular_gonzalez to theydidthemath [link] [comments]

TIL that in a game of Roulette on August 18, 1913 at Monte Carlo Casino, the ball fell in black 26 times in a row. This caused gamblers to lose millions of Francs betting against black.

TIL that in a game of Roulette on August 18, 1913 at Monte Carlo Casino, the ball fell in black 26 times in a row. This caused gamblers to lose millions of Francs betting against black. submitted by Tuxmascot to todayilearned [link] [comments]

The ranking system is failed.

I'm the GC for quite some time already, and I started thinkin' to myself how the ranking system exactly works.
At start I would like to mention, that yes, it works, and it gets you deserved rank quite well. If you think that you deserve the higher rank that you're currently at - there are two possibilities. You're wrong, and you are almost exactly at the ranking level you deserve (sometimes you rise, sometimes you fall) or... You play too little.
And this is in my opinion the problem we should talk about more. The massive grind of ranking we are forced to do in order to achive rank that we truly deserve. A lot of people here are saying that after 100 games you would get to the rank you deserve - but this is massive bullshit and every one who had something to do with complex math would laugh about, cuz 100 is nowehere near the good sample size. You need thousands, yeah, thousands of games to be quite sure that the result is satisfying. And also remember that our skills are "fluid" during that time :D
Yeah, if you are "a good player" there is always bigger chance for the enemy team to get "THAT GUY" or to be worse in general, but that works for "average player" - which... does not exist. There is noone who you could call "average human being". For odds to *click* you need again PLENTY of games. For some it will be hundreds, for some thousands. And always there will be players on both sides of extremes. More or less lucky in terms of matchmaking.
People often tend to fall for gambler's fallacy here. Even if you have 80% chance of getting better team in matchmaking it's completly fine if you lose 10 times in a row BECAUSE OF YOUR TEAM and it doesn't go against the odds. Yeah, it's unlikely, but yet not impossiblie. People also win at the lottery, right? In 1913 in casino at Monte Carlo in the game of roulette happened to roll 26 consecutive black numbers. With 50% chance for every single throw. Does it deny the math? No, it does not, even if it seems to be unlikely. And with such many players we got in multiplayer games these days...
My point is that people who complain sometimes about ranking system have some truth behind them. Who never have got a streak of loses where he felt like he can't do anything about his teammates to finally land few ranks down at the end of the day, just to get back up in next 24h? Yes, in the big picture it's absolutely irrelevant, but it's not the big picture that we get complaints about. Those players, and I agree with them to the certain degree, think that a good player should always be able to rank up (or at least not to rank down) in the INDIVIDUAL ranking despite his team's performance. In every (e)sport it's possible for some1 to be the best contender on the arena/field and still lose just cause of being the part of the weaker team. But that does not mean that his value as an individual goes down. Not win some team trophy? For sure. But not to fall down in the individual standings.
The system that get only win/loss as a factor of players ranking was created for individual sports or games like tennis or chess - where the only one to blame for a fall is yourself. It is not a perfect design for teamwork games.
Anyway if you feel like you are not at the rank you should be - just play more, and you'll get there ;)
TL;DR
The system works, obviosuly it does, but that does not mean we should not look for the ways to improve it somehow. The steam engines also worked, but we are not using them in the cars, are we? :)
submitted by MissingHalf to RocketLeague [link] [comments]

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