Quote from: actmyname on March 25, 2018, 03:37:17 AM

Quote from: LuanX3 on March 24, 2018, 11:36:34 PM

there is still a chance these kinds of casinos can exist and make a profit.

I'm not denying that they can make a profit. Just that they are not profitable. There's a difference between winning at gambling and having a gambling game be winning for the player.

There is no argument to be had here since you're simply saying that casinos can get 'lucky' to deviate from the mean and make some profit. Again, begging the question.

Human emotions/other factors don't change the outcome of the wager. If the edge is 0%, the ev for both the casino and player are 1.00. That's it.

It does change it. Theory is different from actual. Again, the equation does not factor in human emotions since it is an outside factor. In a perfect world, if the gambler and the casino play an infinite number of games without any other factor then yes both will get 1.00. But the fact is that you still have to factor in human greed and the limits. Well, I guess this is just going in circles and we both agree to disagree.