Re: Casino Odds
This is a lot like a sticky bonus. Set a stop loss and a target win, and play until you hit one or the other.
[img]/images/graemlins/diamond.gif[/img] If the player makes a few large bets, the casino loses money.
[img]/images/graemlins/diamond.gif[/img] If the player makes a lot of small bets, the casino will still come out ahead.
The bet size doesn't matter much, but if you have a low balance and plan to make a lot of large bets, you will often bust out rapidly, which superficially sounds bad but changes you from the second situation (-EV) to the first situation (+EV).
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