You can be a highly intelligent person and not be a smart gambler. The casinos are full of them.
Making a Fair Game
- Thread starter mikeyfrost
- Start date
You can be a highly intelligent person and not be a smart gambler. The casinos are full of them.
Yes, I would call them hustlers. And pool's colorful history is full of them and many here idolize them.
that's what I call them, too.
and I'm def one who like them throughout pool's history. Just not in my wallet. :wink:
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But what if they play an infinitely long set?
You would need Bill Gates as a backer....just for the table time.
They break even, but the house wins.
In probability theory, the law of large numbers (LLN) is a theorem that describes the result of performing the same experiment a large number of times.
According to the law, the average of the results obtained from a large number of trials should be close to the expected value,
and will tend to become closer as more trials are performed.
The LLN is important because it "guarantees" stable long-term results for the averages of some random events.
For example, while a casino may lose money in a single spin of the roulette wheel,
its earnings will tend towards a predictable percentage over a large number of spins.
Any winning streak by a player will eventually be overcome by the parameters of the game.
It is important to remember that the LLN only applies (as the name indicates) when a large number of observations are considered.
There is no principle that a small number of observations will coincide with the expected value or
that a streak of one value will immediately be "balanced" by the others (see the gambler's fallacy).
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The hypothesis was that for two well-handicapped players, one of them for that session had an elevated performance average and the other did not. Railbird99 was warning us against the horrible and erroneous assumption that the slightly improved player would win 100% of the time. Of course anyone who has ever gambled (as opposed to just thrown their money away) knows full well that a slight advantage does not give certainty in a finite game.
MOST people who wager at pool, are hustlers.
Let's here your definition of Hustler, as opposed to Gambler.
JoeyA
2strong4u
Banned
No being broke is not having heart. Usually being broke means all talk and no action. Having to pay in IOUs or play for backers.
Heart is being wiling to outrun the nuts and sometimes take tough action to show what you can do. The window is wide open....and I ain't scared. Sort of like Jose Parica...playing on your own dime.
Pool playing is me against the world. I like the brutal honesty of 2 guys trying to get into each others wallets.
I pondered your statement that "MOST people who wager at pool, are hustlers" and while I'm inclined to agree with you, it might be closer than you (we) think.
I know your home room, Buffalo's, is well known for having lot's of action and likely there's plenty of hustlers partaking.
My home room for the past few years and lots of others before it had moderate action and while there certainly were a few hustlers looking for some action, most were not what I consider hustlers. The majority that I've seen wagering were regular guys who, for the most part, knew each other and made games.
My definition of a hustler is someone who hides their true speed or identity with deception in order to gain an edge. Typically, hustlers don't care to get into fair games.
A gambler, while usually trying to negotiate what they would consider to be a winning game, will put their money at true risk for the chance to win yours. *True risk* being the key phrase here.
Then there's the guys who are always looking for the rainbow crush before they will play. Those are neither hustlers or gamblers. They're nits. :grin-square:
best,
brian kc
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Hustling is an art, in pool or business.
Gambling is not what most pool players do.
Sorry, but some people brag about being gamblers (like that is a badge of honor), when in fact they are just good negotiators in "making a game where they have an edge ", which belies their true nature, which is just hustling.
So in summary. A hustler is actually an artist and a gambler is just a charlatan and a nit is someone that the artist nor the gambler are able to take off. :lol:
JoeyA
Gambling is not what most pool players do.
Sorry, but some people brag about being gamblers (like that is a badge of honor), when in fact they are just good negotiators in "making a game where they have an edge ", which belies their true nature, which is just hustling.
So in summary. A hustler is actually an artist and a gambler is just a charlatan and a nit is someone that the artist nor the gambler are able to take off. :lol:
JoeyA
Most experienced gamblers may agree if they thought about it, but it's been my experience that most times when there's a spot involved, and one player plays better than normal and still loses, they feel like it's an unfair game.
Either don't play for money or use a more equalizing set of rules. Handicap is an option too but I personally think handicapping ruins pool big time.
Banks
Banned
Fair games are great for practice.
If i give up a spot, it's because i feel i can handle it if I'm playing well. My usual is to give my friends an extra apa spot. Many times it doesn't come down to the last few balls, so it's almost a non-spot. It should be close with the spot, though, but hopefully not too close!
If i play for money, i want the money. Peanuts don't count and fair games don't matter.
If i give up a spot, it's because i feel i can handle it if I'm playing well. My usual is to give my friends an extra apa spot. Many times it doesn't come down to the last few balls, so it's almost a non-spot. It should be close with the spot, though, but hopefully not too close!
If i play for money, i want the money. Peanuts don't count and fair games don't matter.
Love that story!! Would've been great to have been at that house.
I like this approach. Going to use this for my first "real" money match against a co-worker. He plays real good. I will be getting the games on the wire!
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I had a conversation tonight with a friend about the difference between a hustler and a gambler and it is merely the degree of deceit that each uses which differentiates the two of them.
The gambler wouldn't be a very good gambler if he broke even overall (or lost) and to win more often than not, he has to engage deceit in order to win.
JoeyA
The gambler wouldn't be a very good gambler if he broke even overall (or lost) and to win more often than not, he has to engage deceit in order to win.
JoeyA
I like that....natural born hustler
An academic moment...
Are the following people hustlers or gamblers?
Bartram
Scooter
SVB
Spanky
Minnesota Fats
Pinklady
best,
brian kc
Are the following people hustlers or gamblers?
Bartram
Scooter
SVB
Spanky
Minnesota Fats
Pinklady
best,
brian kc