(not from me)
I offered USD 20,000 to anyone with a betting system that could show a profit over a one billion hand computer simulation. Here you can find the rules of the challenge.
The system must be clearly explained. It should not have vague run-on sentences, but explain exactly how much to bet at each and every step, and under exactly what conditions. There can be no guesswork or human judgment involved. I must be able to code it into a computer.
The system must have a betting range of no more than 1 to 1028 units. So a bet of at least 1 unit must be placed on every trial and the maximum bet must be 1028 units.
The system must be played on craps, roulette, or baccarat under ordinary United States rules.
Your $2000 must be deposited in escrow up front witha neutral third party. I will deposit my $20,000 in escrow at the same time.
After your deposit is made I will program the system in C++. A random simulation will then be performed of one billion bets resolved. The results of my simulation are binding. If you feel I did not run an honest simulation, I will provide the source code and you can have your own experts verify its accuracy.
If the player shows a profit at the end of the simulation you win. If the player shows a loss I win.
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