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September 29, 2012 09:00 am GMT
Editor's note:Jeff Ma is the founder of tenXer, a startup that provides tools to help peoplebetter understand their performance, progress, and productivity at work.Previously, he helped start GolfSpan.com, CircleLending, and Citizen Sports. Follow him on Twitter.The first thing you learn when you start playing blackjack is something called basic strategy- a decision matrix that tells you the correct play for every hand based on your cards and the dealers exposed card. Data and statistics will tell you that basic strategy is always the optimal strategy. In fact, following it perfectly reduces the casinos edge over the average player from 3 percent to 0.5 percent.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TDmfNU687vA/
Startup Success Requires The Drive For Data
Editor's note:Jeff Ma is the founder of tenXer, a startup that provides tools to help peoplebetter understand their performance, progress, and productivity at work.Previously, he helped start GolfSpan.com, CircleLending, and Citizen Sports. Follow him on Twitter.The first thing you learn when you start playing blackjack is something called basic strategy- a decision matrix that tells you the correct play for every hand based on your cards and the dealers exposed card. Data and statistics will tell you that basic strategy is always the optimal strategy. In fact, following it perfectly reduces the casinos edge over the average player from 3 percent to 0.5 percent.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TDmfNU687vA/
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