3 ms·
Counting cards is a better analogy then I originally anticipated. You can only expect a positive outcome by counting cards if you have a high starting capital.
by runarberg 6y ago
Counting cards is a better analogy then I originally anticipated. You can only expect a positive outcome by counting cards if you have a high starting capital. This means that counting cards is a different game for rich folks then for poor folks. For poor folks to have a positive expected outcome they need to take out a big loan before they start. For most people this is options trading. Only for the already rich can you expect a positive return of investment. The poorer folks would need to take out a loan (often this is a second mortgage) to have a positive expected value.
If you tell people your uncle just took out a huge loan to go to Vegas to count cards, they will have a different reaction still.