this post was submitted on 12 Feb 2024
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[–] [email protected] 44 points 6 months ago* (last edited 6 months ago) (2 children)

This is true when you have infinite funds and your opponent has finite funds. https://en.m.wikipedia.org/wiki/Gambler%27s_ruin

This is why the house has better long-term odds, even if the odds of any individual event are even.

[–] EmoDuck 27 points 6 months ago (1 children)

So what you're saying is I should take out as many loans as humanly possible and set it all on black?

On an completely unrelated note, do you still have both your kneecaps and would you be willing to co-sign a loan with me?

[–] MrScottyTay 3 points 6 months ago* (last edited 6 months ago)

Not just all of it on black, you want to start with a small amount but each time you double what you put on last so you recoup the losses. You want that first number to be small so you have more chances but also for the sake of winning more money you want it to happen later rather than sooner.

[–] [email protected] 3 points 6 months ago

Casino propaganda to stop us real winners from cleaning house