• PaintedSnail@lemmy.world
    link
    fedilink
    arrow-up
    3
    ·
    1 year ago

    Roulette 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
      link
      fedilink
      arrow-up
      4
      ·
      edit-2
      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 the 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.