The reason casinos always win: meet the law of large numbers

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Information The reason casinos always win: meet the law of large numbers

Title	:	The reason casinos always win: meet the law of large numbers
Lasting	:	6.03
Date of publication	:
Views	:	44 rb

Each player plays individually, with iprobabilities/i Even with lower odds, he may or may not win and depending on his luck, may even profitbrThe house plays collectively, with istatistics/i The slightly better odds in each play garantee, in a long run, that the house always profitsbrThe player depends on luck; but the house depends only on having enough players to reach the realm of large numbers
Comment from : @pedrojorge1912

underrated
Comment from : @ConsistentLaksana

1:42
Comment from : @freelancer3965

You are right I got two head in a row How did you know it before I even began?
Comment from : @ericpham7871

Video is too fast to understand
Comment from : @thotaramesh1234

Please come back
Comment from : @johnvipe

Hello statistic admin , how low expected value(edge) become advantage by number of large number??? edge isnt effective on long run??? pls can you explain?
Comment from : @freelancer3965

This video was going going nice if he was naturally a bit slow
Comment from : @mybooks012

What
Comment from : @maxlusaya3597

bTHE HOUSE ALWAYS WINS/b
Comment from : @Sigmamale90087

This can be used in trading as well :) nice video
Comment from : @iimJacKaL

2020: 5334
Comment from : @alexandradelliou

There's more ways to stack a deck of cards than there are the galaxy has stars - Naturally when you learn this fact you can go all in with your winnings as an card dealer
Comment from : @axxcellthehornyfuckinimp2835

If you rolled 100 times you would get 58 chips, pls tell me if and why I’m wrong if I am
Comment from : @r_edz282

Really well made video!
Comment from : @MikeSmith-eh4st

The reason casinos win is because they artificially make the game rules so they have better odds None of their games are "fair games" so they win over the long run with odds in their favor Odd that is legal
Comment from : @Jason-gt2kx

Expected value for two dice game is almost 0
Comment from : @ImperfectlyComplete

I'm 828th sub! Omg why your channel is not big yet
Comment from : @peachy7586

Me: breads title/bbrbrAlso me: YOu caN Hit Em You CAn Fol-
Comment from : @Mynameishassan0

Its sad to see the owner of this channel has other life plan This channel can be big #lifechoices 😢😩
Comment from : @Official_G_G

This channel has 727 subs today I'm the 727th but I'm sure this is going to hit a million plus in sometime
Comment from : @abdurrazzak305

Oh no! It's great video but view statistic makes me sadbrbrThank you author!
Comment from : @pilotmisha

you need to slow down with the cat names no one is successfully keeping track of the winning cat
Comment from : @ihrv23

the real questions is why are cats flipping coins for money?
Comment from : @NathanHeaver

Well, let say I want to predict the behavior of people in a city if the price goes up, the accuracy is based on the amount of population, isn't it? The larger the population, the better for us to change anything
Comment from : @syarifahmardhiah5103

Who the hell liked this video? This guy goes way too fast and throws a crap ton of information that he expects you to absorb and understand in mere seconds
Comment from : @AlexTechie

The house always win because it was built the first in existence of it's kind can never be defeated by the games it provides
Comment from : @relaxingambientsounds7365

Well I’d play it Even though I may not win I like to believe I have a chance to win
Comment from : @Beast-lu4gl

Can yo get a 0 percent error
Comment from : @shankarabhat7505

I really love your work here, its clever, creative and cutebrbrI hope the channel takes off, I think the channel name can be simpler and shorter though
Comment from : @jso19801980