I found pages 28 threw 37 very interesting. I finally got a better understanding of what we as gamblers's are really facing when playing at the casino...
Seems the casino wants our play for the long term because the longer we play (Negative Games) the "Theoretical Probability" of whatever game your playing gets closer to the mathematical edge the odds were based on.
If you reach whatever the long term is for a particular game.
According to the math the casino got the percentage of your money the math said it would.
They have no problem handling what happen's on your short term play (On Positive or Negative Games)...
PDF Book Preview LInk...
I finally got it...
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- Video Poker Master
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- Joined: Wed May 28, 2014 11:58 am
Churn and get burned. We know. We do it anyway.
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- Forum Rookie
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- Joined: Fri Dec 11, 2015 3:16 pm
What if the edge of the game plus whatever the casino is offering is 100%? When the edge disappears, you quit playing. You do it again and again and again. Then, all those short term 100%+ edges gives you an overall long term 100% edge. So, you win.....right?