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Comments
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Sounds like an oxymoron.
Don't gamble. If you *really* want to gamble, then do it long term on the stock market where the odds aren't completely stacked against you. -
Root825574yNo. The entire premise of gambling is as a way to screw mathematical laymen out of their hard-earned coin.
In other words, a scam. Occasionally a fun scam (to certain individuals), but a scam nevertheless. -
Quit it right away. If you can't, get help. In Sweden there are governmental help lines for gambling addictions. It sounds rough, but realizing it's an addiction or that it will become one, is the first step.
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If I offer you $1 Gazillion if you toss Heads 10 times in a row, but each attempt requires you to pay a small amount, say $1, would you attempt?
You might think it's worth trying, because of lucrative prize, but, it's near impossible, every dollar you spend is just wasted. -
@theabbie Errr, what?! That's a weird example. 10 heads in a row is perfectly doable, takes about 1k attempts on average. If you offered me a billion quid for 10 heads in a row and I had to pay a quid an attempt, I'd be mad not to take it.
(Of course, real casinos never work that way, the odds are always stacked against you.) -
@AlmondSauce any number of heads are doable, 10 isn't that easy, the problem is that once you have made 100 attempts and don't succeed, you have already wasted $100, and quitting would feel bad as you always think Gazillion is worth few more bucks, and at this point, you'll be just trying to reduce your loss.
I was going to give 100 heads in row as an example, but I thought let's be realistic. -
@theabbie It depends what you mean by a "gazillion", and how much you have...
Sure, if you run out of money after $100, then that's a bad punt. If you only win $100, it's a bad punt. If you have 10k+ and stand to make a billion on the other hand... -
@AlmondSauce Would you take 20 heads challenge for $1 Billion? You will need to spend around 1 Million on average for attempts, Does the prize even matter at this point? If this risk seems fine, there are similar risks that actually exist in real life, like stock market, I won't take 10 heads challenge too.
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I have problems with finding a reliable casinos. The last one I've played was trash. What can you recommend for me?
rant
where to find a reliable casino