If the house is favored in the long run how do pro gamblers make money?
In: Mathematics
Some are really good at poker and blackjack which are both partly skill based. I don’t know anyone making a fortune off of roulettes but I can tell you that a lot of them are from super rich families from the get go and others become such big names that they’re paid to appear in certain places or promote gambling websites or what have you. Now that gambling streaming is popular, most of the time the money they’re playing with actually belongs to the company paying them to promote them.
Point being that professional gamblers promote this self made image but pretty much none of them are self made. They were rich and they could afford to absorb losses.
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