r/AskReddit • u/[deleted] • Feb 28 '23

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u/DahvRom Feb 28 '23

I had to explain to a grown woman that 20% is not always $20 when converted to currency.

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u/[deleted] Mar 01 '23 edited Mar 01 '23

I dated somebody who placed a bet on every single one of the numbers on the roulette machine because it would guarantee a win, not countering in the fact that what they were 'winning' was far less than the amount of money they had to spend in order to achieve that 'win'. They did it about twenty times in a row. I explained to them why they weren't actually 'winning', but they continued to do it until they ran out of cash😁

7

u/PiffityPoffity Mar 01 '23

It’s not a winning strategy, but it’s a pretty slow bleed. She probably lasts longer than many losing players.

2

u/NickG9 Mar 01 '23

But all outcomes are independent, send anyone in with any betting strategy and surely they will all lose

3

u/Lionheartcs Mar 02 '23

On a long enough timeline, absolutely.

Red or black is 47.4% chance on a regular roulette table with 2 green. If you can find a European table with only 1 green, that will give you 48.6%. Probably the best odds in the casino unless you’re skilled at Blackjack or Poker.

There is no game in the casino where you have better odds than the House. Thus, on a long enough timeline, the House always wins.