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%.
Gambling, The Economy, & Automation
Tele (k) Summary 05-14-2020
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