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Odds and stupid people

Or why poker can be lucrative.

2 Responses to “Odds and stupid people”

  1. bwm Says:

    People either understand odds or they don’t; you’ll only be dealing those that do 50% of the time. Don’t expect too much.

  2. Laughingdog Says:

    Related to that, we have something at work we call the “50/50/90” rule. Given two equally likely choices for an answer to a question, you will pick the wrong one 90% of the time.

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