Shrink-
I thought it was due to my critique of Charlie for pinning weak articles to the top of the forum.
Fortunately, I still have my post:
I can't believe you guys are praising such a weak-ass article with practically ZERO information content.
1) Most managers don't even know basic algebra (I bet less than halve can solve a quadratic equation). It is hardly a surprise that they would have difficultly with the more advanced probability concepts. Almost all the math they do is just percent growth or percent sales commission type math.
2) The people having the "cause it's due" reaction is hardly a surprise. People tend to forget that spins of the wheel (like coin-flips) are independent events. The rest of their natural world and daily experience is a series of dependent events. A person can be "taught" that events are independent, but still not know enough math to actually compute the outcome. So, it's not a lack of math skills, just a lack of understanding of the underlying concept from which the math will be derived.
3) The statistics for sports do not fit well into the normal assumptions used for high-school or even undergrad statistics. Cards and dice and even grade-distributions fit well into the standard equations. However, the sports usually don't fit into the nice inherent assumptions like time-invariance (i.e. a pair of dice acts the same this week as last week or last year, but players age and even have weekly and daily performance variations).
4) Also, some of the sample sizes are very small statistically. A football team plays less than 20 games in a season, and the players, strategies, opponents and weather conditions vary with each game.
5) The top handicappers not only use the stats, but they get inside information from team staff (like the type of game the coach is planning, or minor injuries unknown to the press).
6) The idea of the article that players are square because they aren't up on their high school math is completely ridiculous. While a little refresher might help convince them that there is less juice in a straight-bet than a teaser, it's not going to help them out-handicap the spread at Pinnacle or take away the players' "degenerate gambler" personalities.
Here's an easy probability question:
Q: What's the probability that Charlie will stop wasting everyone's time by 'pinning' useless articles like this to the top of the forum to drive up hits to RX?
A: Based upon past performance.. pretty darn close to zero percent.
Hey, while I'm at it, I had some of the best Chinese buffet the other day. This place is called The Friendly Buffet, lol.. If you like chinese it's on Harlem and Mineral Springs, by Tops..