Funny pic of the day

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Updated September 6, 2026

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Funny pic of the day

May 26th, 2017, 02:53 PM

#451 (permalink)

rleplae

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ratfink

[Courtesy FT.com]

129m€
pretty high jack-pot

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May 26th, 2017, 03:34 PM

#452 (permalink)

ratfink

Birmingham UK

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rleplae

129m€
pretty high jack-pot

That makes it alright then - at £2.50 an entry at today's exchange rate of 0.87 I only need to spend £174m to give myself a 50% chance of winning £112m

Have a good weekend, maybe one of them will, they're probably using our money to play anyway...

Cheers

Travel Well

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May 26th, 2017, 03:55 PM

#453 (permalink)

rleplae

Gits (Hooglede) Belgium

Legendary Market Wizard

Experience: Master

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Broker: Ninjabrokerage/IQfeed + Synthetic datafeed

Trading: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC

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ratfink

That makes it alright then - at £2.50 an entry at today's exchange rate of 0.87 I only need to spend £174m to give myself a 50% chance of winning £112m

Have a good weekend, maybe one of them will, they're probably using our money to play anyway...

Cheers

Your calculation is OK if no edge
If you have an edge, the calculation is off significantly..

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May 26th, 2017, 04:14 PM

#454 (permalink)

Grantx

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rleplae

Your calculation is OK if no edge
If you have an edge, the calculation is off significantly..

Definition of lottery (Noun):
A tax on people who are bad at math.

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May 26th, 2017, 04:18 PM

#455 (permalink)

rleplae

Gits (Hooglede) Belgium

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Grantx

Definition of lottery (Noun):
A tax on people who are bad at math.

Not sure..
everything is not about math

In the subprime they had the math, but the wheel went off

A black swan event, once in a while is worth a bet..
Even if mathematically it does not make sense

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May 26th, 2017, 04:31 PM

#456 (permalink)

Grantx

Reading UK

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rleplae

Not sure..
everything is not about math

In the subprime they had the math, but the wheel went off

A black swan event, once in a while is worth a bet..
Even if mathematically it does not make sense

I think it just depends on whether you choose to accept what the facts tell you or whether you go with gut (and some rigorous praying). Those at subprime weren't looking or chose to ignore the maths. I don't know enough about it tbh.

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May 26th, 2017, 04:56 PM

#457 (permalink)

ratfink

Birmingham UK

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Looks like my spinning ball telekinetic interference edge failed, so back to my random Dax trades. Bugger.

Catching black swans needs repeated attacks on an expected tail analysis failure basis, not random pot shots.

Somebody post something else funny soon please, I've derailed this thread enough, sorry.

Cheers

Travel Well

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rleplae, Rory, xplorer

May 26th, 2017, 05:14 PM

#458 (permalink)

rleplae

Gits (Hooglede) Belgium

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ratfink

Looks like my spinning ball telekinetic interference edge failed, so back to my random Dax trades. Bugger.

Catching black swans needs repeated attacks on an expected tail analysis failure basis, not random pot shots.

Somebody post something else funny soon please, I've derailed this thread enough, sorry.

Cheers

Tell me about your DAX edge ?

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LDog, ratfink, Rory, xplorer

May 26th, 2017, 05:32 PM

#459 (permalink)

ratfink

Birmingham UK

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rleplae

Tell me about your DAX edge ?

+

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May 26th, 2017, 07:41 PM	#460 (permalink)
Rory Posts: 2,743 since May 2014 Thanks Given: 5,444 Thanks Received: 8,140	Even if I won the Euromillions or that Florida lottery...

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