Assigning a finite value is a classic "Black Swan" fat-tail misapprehension. How much you would pay to play it is only one side of the equation; the other is h

Assigning a finite value is a classic "Black Swan" fat-tail misapprehension. How much you would pay to play it is only one side of the equation; the other is how much you would charge to allow someone else to play it. Our inability to reason about infrequent events means that a casino that plays this game may look like a very attractive proposition, because in practice (finite small-scale simulation) the expected payouts are quite reasonable. So it would behoove the casino to leverage itself up to its eyeballs to maximize the return on investment. While the numbers for the "finite versions" part of the article seem quite reasonable, it's easy to forget that when leverage comes into play, a game like this can not only bankrupt the casino, but can ripple back to all of the investors (lenders) as a loss that far exceeds the profits in the history of the casino.