If a gambler and the casino keep going forever, how come the casino is always the winner?
In: Mathematics
If I have a six sided die and offer to play you for a dollar, but the rules are that you win on a 6 and I win on anything else, if we play it 1000 times I’m statistically guaranteed to win overall. Pretty obvious, right?
Casinos operate on the same principle, but they can afford to make the odds a lot closer because of the number of people playing.
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