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In any game of chance where the gambler has finite money and the house has infinite money, the gambler always loses if he plays long enough, even if the odds ar
by yters 8y ago
In any game of chance where the gambler has finite money and the house has infinite money, the gambler always loses if he plays long enough, even if the odds are in his favor.
- Simple_Guy 8y agoThis is only true if the gambler does not vary the size of his bet.
- joshka 8y agoAnd this is why the house defines rules on: * Minimum bet size * Maximum bet size * Whether they'll let you change bet sizes during play
- yters 8y agoCorrect if the gambler's money can be divided infinitely small. But if there is a lower limit, like 1c, then ruin is inevitable.
- Simple_Guy 8y agoheat death is also inevitable. the mean time before ruin is also important
- benj111 8y agoWhich house has infinite money?