Gambling; or, Fortuna, her temple and shrine.: The true philosophy and ethics of gamblingRomain, James Harold
Philosophy
Gambling; or, Fortuna, her temple and shrine.: The true philosophy and ethics of gambling
Romain, James Harold
Gambling
Here the mathematicians attempt to rescue moral philosophy. They would
demonstrate the improbability of luck. If asked how it happened that
a man won a hundred thousand dollar prize, while his neighbor drew a
blank, the mathematician might tell you it was chance; that there was
a necessity for the prize to fall somewhere, and that he who had the
most chances was the most likely to obtain it. Such caviling could be
dismissed with the answer: You acknowledge the necessity of a prize
falling _somewhere_, then why not to me. Surely my chances are as good
as my neighbors’, perhaps more so. It may be; and what may be may be
now. “There is no prerogative in human hours.” “There is a tide in the
affairs of men, which taken at the flood, leads on to fortune.”
No intelligent gambler is a believer in “luck” as _a personal quality_.
He recognizes the phenomena of chance. _How_ they will operate is not
known to the mathematician more than to him; the “chances” may result
favorably or unfavorably for a gambler; the law may so work as to
benefit him, or it may not. Whether “chance” or “luck,” is immaterial
to the issue.
But seriously, for what do these aspirants contend? A method of
reasoning from the happening of an event to the _probabilities_ of one
or another cause; that the possible combinations in a pack of cards,
or a handful of dice, may be computed, even when the question involves
the chances of a thousand dice, or a thousand throws of one die. In
its very nature this is a vain-glorious pretension, and upon what is
it based? An _hypothesis_ presenting the necessity of one or another
out of a certain number of consequences. In other words, _given_ an
event as having happened, and which _might_ have been the consequence
of either of several causes, or explicable by either of several
_hypotheses_, the probabilities can be _inferred_.
In this way is the philosophy of supposition substituted for that of
caprice. We are asked by the mathematician, at the very outset, to
assume something he has not proved, and which is not susceptible of
proof. We are required to take for granted the imaginary premises
upon which his argument depends. Is this not the acme of intellectual
audacity? But having yielded his antecedent proposition, what is the
result? A bare probability--a mere likelihood of the occurrence of any
event.
So much for the boasted “Doctrine of Chances.” Besides, I assert that
every premise of the mathematician has been refuted by my experience
as a gamester. In the proper place, I could disprove his every theory
with a fact. For example: De Morgan and Proctor tell us that it is not
probable seven could be thrown ten successive times, with a pair of
dice. We are told, on good authority, that in 1813, a Mr. Ogden wagered
1,000 guineas that his opponent would not perform this feat. That
gentleman threw seven _nine times_ running.
Public-domain text, read in full here on John Shaqi.
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