To illustrate, let’s play a game. We each put in a dollar, and whoever wins a coin flip gets the two dollars. Completely fair, even odds, right? We’ll play until one of us decides to stop or someone runs out of money.
I’ll start with $1000 and you start with $10. Let’s see how it turns out.
If it helps, picture a graph where the bottom axis is number of coin flips and the Y axis is the amount each player is up or down in total. Each flip can move the graph by $1, up or down randomly. So it’s going to bounce a little, because it’s random. Some bounces will be bigger than others.
The house can offer you completely fair odds and still take your money just fine.
Are you guys seriously lecturing me about blackjack based on an unfounded and incorrect assumption I don’t understand how it works?
This is like some Internet variation of mansplaining. Do just assume someone doesn’t know something because hand waves and then start lecturing them about the subject?
Yes the house has a seat at the table. It was a boiled down one liner about the follies of gambling and thinking you will win. I don’t need someone to explain blackjack to me or how a casino works. I’m 40 and not that boring.
At blackjack? It can be the house every time. Usually it is.
To illustrate, let’s play a game. We each put in a dollar, and whoever wins a coin flip gets the two dollars. Completely fair, even odds, right? We’ll play until one of us decides to stop or someone runs out of money.
I’ll start with $1000 and you start with $10. Let’s see how it turns out.
If it helps, picture a graph where the bottom axis is number of coin flips and the Y axis is the amount each player is up or down in total. Each flip can move the graph by $1, up or down randomly. So it’s going to bounce a little, because it’s random. Some bounces will be bigger than others.
The house can offer you completely fair odds and still take your money just fine.
Are you guys seriously lecturing me about blackjack based on an unfounded and incorrect assumption I don’t understand how it works?
This is like some Internet variation of mansplaining. Do just assume someone doesn’t know something because hand waves and then start lecturing them about the subject?
Yes the house has a seat at the table. It was a boiled down one liner about the follies of gambling and thinking you will win. I don’t need someone to explain blackjack to me or how a casino works. I’m 40 and not that boring.