2min chapter

In Our Time: Science cover image

Probability

In Our Time: Science

CHAPTER

The Law of Large Numbers

The law of large numbers is essential to a casino, because it's the reason that they actually come out on top in the long term. Can we stick to gambling as a way into this, Marcus? It started that with... with Godana. And we've talked about what became the law of big numbers. How does it apply there? Yeah, this is a very good example,. There are thirty-seven numbers on a roulette wheel, but they pay out in a casino as if there were thirty-six.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode