If a gambler and the casino keep going forever, how come the casino is always the winner?
In: Mathematics
So the games themselves are actually rigged with a “house edge”, its a small % in their favour.. This small %, when played out over infinite time, means that the house will always win, however in the short term its easily possible for players to win.
Think Roulette. There are 37 numbers, a 1 in 37 chance to win, yet the payout is 35-1. That small payout difference is the house edge. In BlackJack, the players play first and going bust is an automatic loss, when in a purely fair game player bust/dealer bust would be a draw. Thats the house edge.
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