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Two friends are passing through Vegas and need to stay overnight in a hotel. At evening, one friend is tired and goes sleep, the other one has 100$ bill in the
by idiocrat 4y ago
Two friends are passing through Vegas and need to stay overnight in a hotel.
At evening, one friend is tired and goes sleep, the other one has 100$ bill in the pocket and wants to try his luck.
He goes to a casino and puts 100$ on red and wins 1,000$.
He then puts these 1,000$ on red and wins 100,000$.
He puts again on red and wins 1,000,000$.
Lastly, he puts all on red and loses all.
Later, when he is back to his hotel room, his other friend asks: "how was at the casino?"
To that he replies: "Oh, I just lost 100$".
- century19 4y agoYou don’t get 10/1 for red versus black!
- kqr 4y agoYou might find someone willing to offer you 10:1 on getting simultaneous red on all of four wheels!
- dudeinjapan 4y agoWait, tell me which casino this is! I'll put all my money on red!!
- jbd28 4y agoThe friend who found a bet with 42% implied probability that paid at the equivalent of 10% implied prob should just go back and try again because they’ll become extremely wealthy in a few more minutes time at that casino!