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Ep. 571: Jimmy Soni & Rob Goodman Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Win at Roulette

Ed Thorpe wrote a paper on the mathematics of how to win at Blackjack. He asked Claude Shannon for advice and he said, why won't you come over to my house? They bought a regulation-sized roulette wheel and started figuring out how can we calculate the probability where the balls get end up based on where the ball gets dropped into the machine. And they figured out that you can time this thing if you would build a basic computing device. You could somewhat conceal on your person and then it could transmit the answer.

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