Expected Value (2 of 2: Non-uniform probability distributions)

[@Qaos]

This is _exactly_ how you teach people not to gamble! Hats off to you, Eddie!

[@GooogleGoglee]

And that, people, is how Casinos really works, and how they slowly but efficiently steal all your money! 👍🏻

[@CrashSable]

It's how the games work, but casinos make most of their money (or lose most of their money in the case of poorly managed casinos) through drinks and entertainment, same as any other bar usually

[@jacQues1024]

@@CrashSable Or serve drinks for free, underpaying the waitresses who depend on tips from people who slowly but surely lose their bankroll on house games. Those games more often than not *are* the entertainment.

[@mihailghinea]

Looking forward for an indepth prob calculus for texas hold'em poker :)

[@mihailghinea]

You should gamble, but only if the expected value is in your favor.

[@sayarsine6479]

Thanks ❤

[@Xzenoth]

😅

[@Xzenoth]

W

[@pr9101]

second