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  #16  
Old 06-17-2005, 03:09 PM
Snoogins47 Snoogins47 is offline
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Join Date: Jun 2004
Posts: 102
Default Re: Bad Investment.

"If your opponent is underbankrolled, that does not convert a -EV game to a +EV game for you. That is a fact. If a casino were underbankrolled, it would not suddenly become a good idea to play roulette there. "

Nope, but it makes it probably not the best idea for the casino to stay in operation, unless they have large reserves of cash that aren't in this "bankroll." The entire discussion is now complete.

It's not rocket science. I'm a 20 year old who got a D in high school math, and this entire argument is silly. A game can have a high expectation, even if you will typically go broke. This doesn't make it a bad bet unless "going broke" is a very negative outcome.
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