Quote:
Originally Posted by jms62
70% of the time you leave up.  It's wonder the casinos are still in business. |
Why is that statement questionable to you?
Let's say your whole goal is to win $50 to pay for dinner and you have $350 to start with.
If you bet the Pass or Don't Pass -- you have a 49.3% chance of winning.
So -- Bet $50 - if you lose Bet $100 -- if you lose bet $200.
Your chances of losing 3 straight are just 13.03%
Your chances of winning without losing 3 straight are 86.97%.
So... 86.97% of the time you will achieve your goal of winning $50. 13% of the time... you will be exposed as an idiot.
Thus, you can win $50 87% and they still have an edge on you.