Comment on Success is built through GAMBA
PaintedSnail@lemmy.world 1 year agoRoulette is not a positive sum game, though. If you keep playing, eventually you will lose everything to the house.
A positive sum game is where repeated plays will average out to a net gain. The secret is having enough initial capital to keep you alive if your initial gambles don’t pan out. People living paycheck to paycheck don’t have that
Enkers@sh.itjust.works 1 year ago
You’re correct, but you’re also being a bit pedantic and ignoring the point OP is trying to make. It still illustrates my point just fine at 47.4% instead of 50%. Odds of winning 10 in a row go from 1:1,024 to 1:1,746.