Quote:
Originally Posted by boxcar
You're so boring. We've been down this road before. Don't you know that past performances are no guarantee of future performances? This little "factoid" is stated on all stock prospectuses, and applies equally to turf speculation. And the key word here is speculation.  |
Yes we have been down this road before, but am asking if as a "successful" wagerer, do you deny using past cause and effects correlations learned from a horses previous races, to ascertain the
chances of a horse to do well today, as all of us other gamblers do?
Did Ray Taulbot, your instructor, learn from past performances including the racing program, or/and keeping his own records?
Do you even agree the major players in the multi-billion financial markets ever seek and value correlational of of past causation and past outcomes (effects) to project future outcomes? Do you understand advances in science, mathematics and engineering are also based on knowledge handed down from others who have learned from correlations over and over again?
Do any of us learn from experience?
The ordinary life of causes and effects?
The growth of all human culture has in part came about by learning from experience.
"Predictive analytics is the use of data, statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on historical data. The goal is to go beyond knowing what has happened to providing a best assessment of what will happen in the future."
