OT: How Often Do Gamblers Win?
Posted By: Bob Koca In Response To: OT: How Often Do Gamblers Win? (Phil Simborg)
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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