Roulette simulation: 10'000 players each betting 5'000 times (74% chance of having a negative return ) [OC]nautilus_red OP t1_iry6fag wrote
Reply to comment by devilsrotary86 in Roulette simulation: 10'000 players each betting 5'000 times (74% chance of having a negative return ) [OC] by nautilus_red
I first thought exactly the same but keep in mind that 26% winning does not mean that its a quarter of the total "pool" of money that changed hands. In the simulation the sum of all winners equals 3'195'425 $ while the sum of all losers (profit for the casino) is 16'524'025 $ which is 5x larger (despite "only" 74% of total losers). This is because there are far more large losses than large gains.
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