Quote:
Originally Posted by Ian Meyers
Really? The biggest teams have more than 100 employees, most of them with PHDs.
Who said they need to agree on everything? There are partners, senior non-partners and junior non-partners. The most senior execs (Partners) drive the bus like in every other for-profit organization and the less senior take direction from them. There are dozens of PHDs at Fair,Issac. They're not all equal.
Having been on the other side of the fence and having seen the average gambling performance of customers this entire discussion is amusing to me in a lot of ways. Many were losing at 30% or more yet I'd see them on PA and other forums bitching about how their rebates weren't high enough or complaining about breakage.
I came back to post only because Andy, whom I respect, asked me to. I don't need the nonsense, I enjoy what I do and I work with some great people. Everything else is just noise to me.
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I think it is safe to say that 99% of the posters here at PA are not whales and will likely NEVER be whales for a number of reasons...it would be interesting to know the details of their operations...I mean having 30 to 100 PHD’s in tandem is pretty amazing...one might think this enterprise is addressing the complexity of the Manhattan Project
I mean really, how complex can it be to warrant millions of $ modeling and years of prep before making a single bet...I find myself doing ok just as a single player, picking up a form and making a few bets...sometimes I win, a lot of times I lose but I don’t intend to make my racing experience just a “means to an end” of making money, coldly and detached which it seems like these Teams do...for them, it really isn’t about the racing at all, is it...? It’s a business venture, a way to line their pockets, one Thread in a Portfolio of ventures, and even if the whales show losses, these losses will be offset by gains in other areas, so it is really just a big game to monopolize the Capital from All Arenas and prevent the plebs from sharing in the wealth...This is the pattern that the Robber Barons have employed for centuries and racing is just another arena where these Manhatten and Imperial plutocrats are dominant....horse racing being the long time pleasure fest of royalty....same old game, same old masters...only now the plebs are waking up and learning that they no longer need to be the breadwinners for a class of lazy Aristocrats and to continue to contribute to the already swollen Oligopoly of racing...