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It's fifty fifty. Either you win money, or you don't.
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Just got two Powerball tix for tonight, thanks! Since one ticket is 50%, two should basically guarantee I win!
Gonna go kick my boss in the balls and walk out, should be fine, right? Probably.
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That would imply the one organising the gambling isn't taking a cut.
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Nah you're wrong
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Sorry i'm the boring guy. It is (more than) 20 times more probable to lose 100% than to win 2000% in most gambling.
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Actually it's 50%. Either you win or you don't: 50%.
/s
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You're going to get us kicked out of the casino talking like that!
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That's just what the casinos want you to think. They don't want you taking their money!
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And if you lost 100% of your money last time, then you're due to win 2000% this time.
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simultaneously laughs and sobs in leveraged investments
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Leveraged "investments".
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Why stop at 2000%
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There's this thing, called debt tho...
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not if you gamble for long enough
statistically the longer you gamble, the higher the chance that you'll win and make your money back, it's math bro
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There's theoretically no upper limit of how much you can increase your money.
I mean, at a certain point you'll end up devaluating the currency to the point that the economy collapses, but that's a later problem.
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Lottery and gambling are taxes on emotionally weak people who can't do math.
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Lotteries unique selling point is hope.
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They know, that's their target audience. Desperate people.
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Ah, my bread and butter… Thrill-seeking rich folk with a poor grasp of statistics and probability.
Manny Calavera, travel agent.
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Don't forget that you lose 3% to inflation every year, and even more when we are in hyper-inflation like we are now.
Gambling in Wall Street's Casino is, by design, the only way to have a chance not to lose money.
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That's how you sell monkey pictures my man now let's all go do coke until we get divorced, Leo will be there
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So true
