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WG Fargorn

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Posts posted by WG Fargorn

    Jagex Threatening RuneLite

    in Old School RuneScape Discussion

    Posted

    2 hours ago, whathefook said:

    I've never used any 3rd Party clients. Nothing to worry about on my end. 

    It might hopefully make them realize they can improve the current OG Client by just adding a few things to it. 

     

    They have known about the limitations of their client for a longggg time. I am unsure what keeps them from improving it... 

    The Martingale Betting System and Practical Application in OSRS

    in Old School RuneScape Discussion

    Posted

    Whether or not the streamers, and general public know it. The Martingale system is widely utilized whist gambling at the sand casino.

     

    Preface; The strategy ultimately fails in the OSRS context as there are limits on earnings AND bets. It is only with unbound wealth, bets, and time that it could be argued that Martingale becomes a winning strategy. The impossibility of winning over the long run, given a limit of the size of bets or a limit in the size of one's bankroll or line of credit, is proven by the optional stopping theorem.

     

    The Strategy;

    The theory is very simple. Every time you loose a bet, you double up. Just like with flipping coins (exactly 50 percent probability) the chance of flipping 100 consecutive heads, means that you will eventually win, and thus make your principle back.

     

    The gambler usually wins a small net reward, thus appearing to have a sound strategy. However, the gambler's expected value does indeed remain zero (or less than zero) because the small probability that he will suffer a catastrophic loss exactly balances with his expected gain.

     

     

     

    martingale-table.jpg

    martingale-strategy-binary-options.gif

     

     

     

    Application;

    Individuals such as Spark Mac, with billions in net worth, can reliably use such a system for reliable (low relative to their total net) gains per hour. They will eventually exact the catastrophic losses.

     

    Fantastic video that explains Martigale perfectly!

     

     

     

    Sports

    in Real Life Discussion

    Posted · Edited by WG Fargorn

    Lift weights everyday I am not at work, REALLY love golf (Canada is cold we have a short season), played semi pro hockey and decided to go to uni rather than pursue a dead end career. 

     

    Is Korfball a legitimate sport? 

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