Hi to all, happy holidays.
Something has been bothering me for quite some time so I would like to put it out there (here)
Many times i have heard the theory that casinoes slightly skew the odds in their favor.
suppose the game is 48% to 52% so it's skewed in their direction by 4%
you play a set of 100 games 1 dollar bet each game
at the end of that set, you would expect to have 96 dollars
if you keep playing you keep losing
you lose 4% on every bet you make, whether you win or lose...you still lose...eventually, if you keep playing long enough you lose all your money.
My own opinion is that casinoes cheat, the odds are not slightly skewed... more like 40-60 cause they want you to lose your money faster.
If you keep playing you will lose all your money so looking at the total picture it is 0% for you 100% for THEM.