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Old 09-22-2005, 11:21 PM
curtains curtains is offline
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Join Date: May 2003
Posts: 240
Default Re: This argument is silly, and the math sucks.

[ QUOTE ]
Seriously, it is not worth the time to prove that this whole idea is completely off.

But, Curtains is correct when he says that it is not sufficient to rebuff somebody's mathematical argument by just saying "this is wrong and I don't care what anybody says."

So, in an effort to put this nonsense to bed while still presenting a mathematical reason for why this is nonsense... I will suggest the following demonstration:

-Use Nicholas' model to calculate how much your ROI should increase if you start with 7991 chips and the other 9 players start with one chip.

Irieguy

[/ QUOTE ]

Also when you say that the idea is "completely off", do you mean that the chips you gain are worth almost nothing? Are they worth 2% to one's ROI? 3%?

In each of these cases you are assuming the chips are worth very little compared to their actual value, yet the amount of ROI percentage points that you gain is quite signifigant.

If you think that these chips will increase your ROI by less than 2% I think that this is clearly incorrect. There is no way that your chips should be worth that much less than their actual value and I see no logical reason to believe this should be the case.

If you think the 45 chips are worth just 3% then fine, 3% is not that much different than 4% in any case.
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