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OT: How Often Do Gamblers Win?

Posted By: Bob Koca
Date: Sunday, 13 October 2013, at 2:38 a.m.

In Response To: OT: How Often Do Gamblers Win? (Phil Simborg)

You have a flawed misunderstanding here. For starters it is relevant how many flips it takes on average to lose 1 unit if you bet at even odds on a fair coin.

Do you know that number? If you don't what is your guess?

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