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You significantly underestimate the sophistication of the casino operators. Those few huge fish aren't each making a single bet. They're making many many bets.
by harryh 10y ago
You significantly underestimate the sophistication of the casino operators. Those few huge fish aren't each making a single bet. They're making many many bets. Enough that the house edge is extremely likely to manifest itself except in cases like this one where the house edge had been manipulated.
- mattmaroon 10y agoAnd they aren't that few. I've stayed in the rooms they comp to whales. There are a lot of them and they're all full all the time. They're a low percentage, but those casinos have thousands of rooms so if even 5% of people are whales it's a sizable number.
- harryh 10y agoYa, that too.
- deleted 10y ago[deleted]