> A not so obvious result that follows from making successive negative expected value bets, is that in the long run you are guaranteed to lose all your money (o

> A not so obvious result that follows from making successive negative expected value bets, is that in the long run you are guaranteed to lose all your money (or ruin). Intuitively this makes sense as with each bet, you are losing money on average. And this was upvoted all the way to the top. JC this site quality is at all-time low.