1min chapter

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P11: Feeling Lucky? (Probability and Intuition)

Breaking Math Podcast

CHAPTER

Gambling Is a Way of Benefiting the Rich and Punishing the Poor

Gambling is a way of benefiting the rich and punishing the poor. Out of a thousand series of games whith a hunter plays each, there are 414 wins and 586 losses. The wins are significant enough to outweigh the losses when they're around 50 % rit ye. And what's wear is that the more, the more i do this forceo like if i have a if i play the game a thousand times each, then i win about 80% of the time. If i do it with ten thousand games each, you are going to win about 90%.

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