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The opposite of a market loser

Posted By: David Rockwell
Date: Monday, 8 February 2010, at 4:38 p.m.

In Response To: The opposite of a market loser (Timothy Chow)

I have called these "reversals". This term has not caught on and I am not stuck on it. I don't particularly like the term anti-market losers since it doesn't describe what is happening. Conceptually, you are losing your double / You have suffered a reversal. The loss part of the equation from doubling is equal to the mistake you would make if you refrained from doubling now and then doubled inappropriately after the next two roll sequence. The gain from doubling is equal to the mistake your opponent would make if you refrained from doubling now and then were taken inappropriately after the next two roll sequence; market losers. All sequences which are double / take after the next two roll sequence have no baring on the doubling decision whether equity has changed or not. If total gains (market losers) are greater than total losses (reversals), double. Otherwise, don't double.

And, you are right, most players aren't conciously aware of the reversal part of the equation. Discussion is almost always focused exclusively on market losers, or even worse, the doubling window.

Messages In This Thread

• The opposite of a market loser
  Timothy Chow -- Monday, 8 February 2010, at 3:46 p.m.
  • The opposite of a market loser
    David Rockwell -- Monday, 8 February 2010, at 4:38 p.m.
    • The opposite of a market loser
      Ray Kershaw -- Monday, 8 February 2010, at 4:50 p.m.
      • The opposite of a market loser
        David Rockwell -- Monday, 8 February 2010, at 4:55 p.m.
        • The opposite of a market loser
          Timothy Chow -- Monday, 8 February 2010, at 6:39 p.m.
          • The opposite of a market loser
            Bob Koca -- Monday, 8 February 2010, at 6:42 p.m.
          • The opposite of a market loser
            Tom Keith -- Tuesday, 9 February 2010, at 3:51 p.m.
            • The opposite of a market loser
              Tom Keith -- Tuesday, 9 February 2010, at 4:22 p.m.
              • The opposite of a market loser
                David Rockwell -- Tuesday, 9 February 2010, at 4:47 p.m.
                • The opposite of a market loser
                  Bob Koca -- Tuesday, 9 February 2010, at 7:03 p.m.
                  • The opposite of a market loser
                    Tom Keith -- Wednesday, 10 February 2010, at 12:52 a.m.
  • The opposite of a market loser
    Phil Simborg -- Monday, 8 February 2010, at 5:11 p.m.
  • The opposite of a market loser
    Maik Stiebler -- Monday, 8 February 2010, at 10:58 p.m.
    • The opposite of a market loser
      David Rockwell -- Monday, 8 February 2010, at 11:24 p.m.
      • The opposite of a market loser
        Timothy Chow -- Tuesday, 9 February 2010, at 1:03 a.m.
        • The opposite of a market loser
          Tom Keith -- Tuesday, 9 February 2010, at 5:34 p.m.
          • The opposite of a market loser
            Timothy Chow -- Tuesday, 9 February 2010, at 9:46 p.m.
            • The opposite of a market loser
              Tom Keith -- Tuesday, 9 February 2010, at 11:05 p.m.
              • The opposite of a market loser
                Timothy Chow -- Tuesday, 9 February 2010, at 11:57 p.m.
                • The opposite of a market loser
                  Daniel Murphy -- Wednesday, 10 February 2010, at 12:23 a.m.
    • The opposite of a market loser
      Bob Koca -- Tuesday, 9 February 2010, at 3:42 a.m.
  • The opposite of a market loser
    Bob Koca -- Tuesday, 9 February 2010, at 1:40 a.m.
    • The opposite of a market loser
      Timothy Chow -- Tuesday, 9 February 2010, at 3:07 a.m.
      • The opposite of a market loser
        Bob Koca -- Tuesday, 9 February 2010, at 3:38 a.m.
        • The opposite of a market loser
          Timothy Chow -- Tuesday, 9 February 2010, at 4:07 a.m.
  • The opposite of a market loser
    Fabrice Liardet -- Tuesday, 9 February 2010, at 9:12 a.m.
    • The opposite of a market loser
      Timothy Chow -- Tuesday, 9 February 2010, at 4:21 p.m.
      • The opposite of a market loser
        Fabrice Liardet -- Tuesday, 9 February 2010, at 8:17 p.m.