Re: Is baccarat that great/bad a game?

[EMAIL PROTECTED] (eric peter) wrote in message news:<[EMAIL PROTECTED]>...
> [EMAIL PROTECTED] (Joe LadyKiller) wrote in message news:<[EMAIL PROTECTED]>...
> >   Yep, only James Bond wins all the time at this game...I believe that!
> 
> it's a game of negitive expectation, thus one can never win long-term.
> however it's considered to be one of the better house games. poker's
> the only form of gambling in which i'm an overall winner.

There's that idea again! This is a gross misunderstanding of
probability. In a negative-expectation game, the house will come out
ahead, long term; the players, taken as an aggregate, will lose. This
DOES NOT mean that ALL the players will lose. Some will win, even long
term. This is due to variance, our friend.

Cheers,
Alan Shank