[Aristocles]

OP is absolutely correct.

There is no such thing as a skill to pick losers, either he has edge, or he is coin flipping. You will lose coinflipping at -110. That is a fact. Fading Lang may be 55% for a year, or for 500 picks, or whatever (if those records are even accurate) but rest assured after enough volume, he will fall into the 48.6%-52.4% range like everyone else.

Why not? If it is, in fact, possible to have an "edge" in picking winners, then how is it not, in fact, logically possible to have the opposite status? Suppose we have someone who has some sort of system that lends itself to picking directly opposite to someone who has a system that gives an "edge". If one exists why not the other? Unless, of course, NEITHER, in fact, exists over the LONG haul.

Honestly, I may be missing something here. I am not the greatest of mathematicians.