How does the house always win?

1.95K viewsMathematicsOther

If a gambler and the casino keep going forever, how come the casino is always the winner?

In: Mathematics

42 Answers

Anonymous 0 Comments

The simplest example is a Roulette wheel. It has black, red, and two green squares. The chance of a person winning is only ever slightly less than 50%. Sure your gamblers will win sometimes, but over the long term, the house will win just enough to keep a stable income. Every casino game is designed this way. No matter how much they pay out, it will never be more than how much they collect from player losses.

You are viewing 1 out of 42 answers, click here to view all answers.