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This is the idea behind 100x or 1000x odds in craps. People either won't play that high, or the other -EV play decisions outweigh even massive true odds action
by pinkrooftop 10y ago
This is the idea behind 100x or 1000x odds in craps. People either won't play that high, or the other -EV play decisions outweigh even massive true odds action
- jly 10y agoYeah, 100x odds is a great marketing move but it isn't that helpful to the average gambler. A game of heads or tails with a fair coin would be the best EV bet in the casino, but it isn't that useful if I need to place a minimum $1000 bet per flip.