How I made $500k with machine learning and high frequency trading

Re:How I made $500k with machine learning and high frequency... by heyitsnick on Tuesday November 06, 2012 @04:34PM (#4750913)

As a professional poker player, analyst and journalist, and being fairly well-read on classifications of gambling vs skill game in different jurisdictions, I have not before come across a definition of gambling that was rooted in the idea that "no good or service is being produced."

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Re:How I made $500k with machine learning and high frequency... by 001sky on Tuesday November 06, 2012 @04:57PM (#4751036)

Any zero sum or negative expected return conctract would meet this definition (quantitatively). if it floats your boat (makes you hallucinate etc), of course that might be considered a good or service. so you're right, if I was a lawyer those words would be loose language.

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