Gambling Mathematics: Why Will The Casino Win in the Long Run
Gambling in a casino and winning once or twice might hook you, but if you play often, there is a very small chance that you would win. Why? Because the games are mathematically designed for the casino to win.
To make it simple, let us use a simple die game for our discussion. Two dice are rolled. If the sums of the number of dots are 2, 3, 4, 10, 11, and 12, the player wins. If the sums are 5, 6, 7, 8, and 9, the house (the casino) wins. » Read more