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Party on, Offer HN, Party on

Well, a very cool trend is happening at Hacker News - people are posting "Offer HN" threads offering advice and help. The first one seems to be "Will Work for Karma" by todayiamme, which kicked the whole thing off. My favorite is "Tax Help for Startup Entrepreneurs" because there's a lot of insight and analysis just in the thread itself. I like learning about law, but it's damn expensive to learn about either in time or money. That said, learning law can save you a lot of money when you write a contract correctly or when you have a company buyback shares instead of purchasing them yourself when buying a partner in a two person partnership out.

After a bunch of "Offer HN" threads started kicking up, there were two discussion topics, both by guys I respect. "Please stop offering your services" and "Please keep offering your services" by Swombat and Jacques. There seems to be a few themes going on:

1. Some people think this is really cool and nice of people. 2. Some people are skeptical of the intentions of people doing this. 3. Some people don't want to see HN get bogged down/clogged up by this.

Let's cover those in reverse order.

First, if it gets out of control and you want to see news without offers, Paul Graham implemented http://news.ycombinator.com/offerless - no offers there. So that solves that problem.

How You Can Become a Professional Gambler

On Tynan

I get an annoying amount of email from people asking me how to gamble like I used to. The truth is that what I used to do isn't profitable anymore. It was a right time, right place sort of scenario. Although I'm not a professional gambler anymore, I have been spending time studying and improving at poker (I'm a break-even or slightly profitable player), and I have friends who are pros. There are surely several different paths you can take to make a living gambling; this is the one that I'm aware of and is feasible for someone of above average intelligence.

Despite offering a rough guide to making money gambling, I don't necessarily recommend that you do so. I gambled professionally for seven years. During that time I made a lot of money and enjoyed my life. One morning I woke up and all of my money was gone. The story behind that is complicated, but the gist is that "they caught on". The strongest emotion I felt was a sense of relief. Gambling is fun, but it's not "big". It doesn't contribute in a meaningful way or leave you with a body of work.

Most casino games have a house advantage ranging from 2-5%, assuming "perfect play". That means that if you play perfectly, you can expect to lose, on average, about 2-5% of the action you put through a machine. Perfect play for slot machines is simply to bet the maximum amount of coins (the jackpot is skewed heavily in favor of maximum coins). For blackjack you need to memorize what to do for every combination of player hands vs. dealer hands, specific to each set of rules (hit on soft 17, resplitting aces, etc).

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