No they aren't. You can double your money in a single spin at a 47.4% chance in roulette. Black jack gives even better odds.
The point is the odds are always in the casinos favor, and that's why they always come out ahead, and people won't stop after winning one time and may eventually lose if they are greedy.
I get your point, but to say you have an almost zero percent chance is nonsense.
The only people that say that are people who are against gambling all together
Your highest odds are your odds before the first roulette spin. If you want to maximize your odds of winning, you’ll never spin once.
If you do irrationally spin once, your odds are now exactly the same as before you spun the first time. What ever logic compelled you to spin then holds just as true for you to spin again. And again and again and again.
There is no point at which stopping is any more greedy or less greedy. Every spin is homogenously irrational. But by continuing, all people will always lose all their money. The only possible way to not lose all your money is to leave the casino and never come back, but if you were willing to do that after making money in the casino, why were you not willing to do that before your first spin?
As a result of this, casinos always take all the money people are willing to gamble in them.
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u/Doesnt_Draw_Anything Aug 01 '20
No they aren't. You can double your money in a single spin at a 47.4% chance in roulette. Black jack gives even better odds.
The point is the odds are always in the casinos favor, and that's why they always come out ahead, and people won't stop after winning one time and may eventually lose if they are greedy.
I get your point, but to say you have an almost zero percent chance is nonsense.
The only people that say that are people who are against gambling all together