Rules for the Wizard's Challenge
Last update: January 13, 2005
Following were the rules of my betting system challenge, which appeared on my site from about 1999 to 2005. I took it down because in 6 years I only received one serious challenge, yet hundreds of people wasted my time asking questions about it or using it as an excuse to debate me with no intention of accepting the challenge. Normally I don't respond to e-mail about betting systems so people were using the challenge as a way of baiting me into discussing the topic. So in January 2005 I took down the offer because it consumed too much of my time and usually led to nothing. However, for the record, here were the rules.
- 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.
Should you win, I'll state publicly, on my main page,
that your system defies the laws of probability and that
I was wrong.
©1998-2009 Wizard Of Odds Consulting, Inc. All rights reserved.
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