Here is a thing about the casino gambling for many people:
In a long run, it is an expense for you.
It’s not any revenue stream.
Definitely, some people may get lucky & hit the progressive jackpot quite early in the casino gambling career. Some people will learn to count cards & get edge over casino However, for an average casino gambler, to play casino games like น้ําเต้าปูปลา costs some real money. The main purpose of the post is looking over how much money the casino gambling costs & if it is worth this.
Concept of the Negative Expectation
Without any exceptions, each bet on เกมส์น้ำเต้าปูปลา game is the negative expectation bet. It is the mathematical expression, which refers to if the bet gets expected to win any money or lose out money. The bet that can win money is the positive bet and bet that loses money will be the negative expectation bet. “Expected” has got the specific and mathematical meaning, as well. The bet’s expectation will be based over how much you can expect to win & probability of winning the game. It is based over how much you will expect to lose & possibility of losing.
House Edge – How Casinos Measure Such Expectation
Casino house edge will be the statistical average on how much you can lose every bet. It is expressed as the percentage. For instance, if I say you that house edge for the game is around 5%, then I am saying in a long run, you will lose around 5% of each bet that you make. Suppose you are betting $100 every bet on a game, you will lose $5 every bet. On any bet, or a short bets, you may almost see the wild deviations from such expectation.
Big Rows of Slot Games
Casino does not care about that. It is just luck. And mathematicians call this standard deviation. Casino generally relies on the mathematical phenomenon known as Law of Big Numbers. That is an idea when you get trials in, the actual results may start to appear more like mathematically expected results. And for many games in a casino, house edge is the known factor. You may look this up on multiple websites, and it is listed in the better gambling books.
Smart Gamblers Think About Entertainment Value
Even for me, one important concept in the casino gambling is an idea that the gambling is all fun & must be considered as the entertainment expense. You must think of this in that way. Whenever you do, this becomes simple to choose if it is even worth it.