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seymore_12 | 2 years ago

Great book indeed. My favourite quote from it is: "The name of the game is not to always be right, but to be right often enough".

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gottorf|2 years ago

Bob Mercer said that they were right 50.75% of the time.

sokoloff|2 years ago

Interesting to note that that's larger than the house edge in video poker (which is admittedly one of the lower edge games).

You can build a massive city in the middle of a desert with edges well under 5%.