Gambling, The Economy, & Automation
- Craig Gingerich, CFP®, AIF®, C(K)P®, CHSA®
- Apr 8, 2021
- 1 min read
Updated: May 24, 2021
When you gamble you place a random bet that is entirely based on chance. The saying “the house always wins” is a saying for a reason. The odds of winning are significantly stacked against you. The odds of winning are less than 50% and the longer you play the worse your odds get. Just playing four rounds of roulette brings your odds of winning to 5.6%.
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