3 ms·Pretty generous house to provide even wagers: > 0.01 CHA 1% 99X -0.01 CHAby freerobby 12y agoPretty generous house to provide even wagers: > 0.01 CHA 1% 99X -0.01 CHAjabagawee 12y agoA 1% chance to get a 99x payout still has a negative expected value, no? 99 x 0.01 x original bet = 0.99 x original bettromp 12y agoExcept that 99X means that if you win, you get a 0.99CHA payout, for a gain of only 0.98CHA, making it worse than even.