gambling is a scam designed to extract money out of poor-witting desperate souls. don’t start, it’s designed to be addictive, but mathematically, on average you always lose money with gambling.
It’s mathematically provable that in most gambles it’s stacked against you and the potebtial ganis are not worth the risk.
Things like the Monty Hall Goat Problemshow that humans are bad at intuitively dealing with chances.
People need a proof for that? Shouldn’t it be obvious? The casinos need to make money so show, so of course they are getting more out of it than they are paying…
serious advice: don’t.
gambling is a scam designed to extract money out of poor-witting desperate souls. don’t start, it’s designed to be addictive, but mathematically, on average you always lose money with gambling.
The 🏠 always 🏆
The rich get to put their money into a big pot with an acceptable rate of return on investment. Next to no risk, cause the house always wins.
the real question should be why society is letting that happen.
Because high rewards seem bigger than small rates of return.
It’s mathematically provable that in most gambles it’s stacked against you and the potebtial ganis are not worth the risk. Things like the Monty Hall Goat Problemshow that humans are bad at intuitively dealing with chances.
People need a proof for that? Shouldn’t it be obvious? The casinos need to make money so show, so of course they are getting more out of it than they are paying…
somebody gets it :)