If a gambler and the casino keep going forever, how come the casino is always the winner?
In: Mathematics
The House doesn’t literally win *every single time*; this just means that the odds are weighted in the House’s favor. Even if it’s just 49.9 to 50.1, in the long run the House will always come out ahead. Individual gamblers might have a good night, win some money, and have the sense to stop & cash out while they’re ahead, but the odds say that more people will push their luck & wind up losing to the House.
*You* might not gamble every single day, but the House does. And over the course of a year, or 10 years, or whatever, that small percentage in the House’s favor adds up to major $$$.
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