Can you ever ‘beat the house’?
<p>Many of us enjoy the occasional gamble, after all, I don’t know many who wouldn’t jump at the chance to potentially double their money.</p>
<p>So it’s only natural that mathematicians and statisticians try to employ mathematical strategy to increase the probability of a big win. But can one ever beat the house?</p>
<p><img alt="" src="https://miro.medium.com/v2/resize:fit:700/0*Zd9oXXqWGP7NKYnI" style="height:466px; width:700px" /></p>
<p>Photo by <a href="https://unsplash.com/@mparzuchowski?utm_source=medium&utm_medium=referral" rel="noopener ugc nofollow" target="_blank">Michał Parzuchowski</a> on <a href="https://unsplash.com/?utm_source=medium&utm_medium=referral" rel="noopener ugc nofollow" target="_blank">Unsplash</a></p>
<p>Sort of. I know that’s not a great answer, but there’s some reasoning behind it, I promise! In the short term, yes — leaving a Casino with more money than you came in with is possible, but in the long term the house always wins.</p>
<p><a href="https://medium.com/intuition/can-you-ever-beat-the-house-d418da00860c"><strong>Read More</strong></a></p>