Quote from: Silberman on April 14, 2021, 03:22:04 PM

Quote from: lienfaye on April 11, 2021, 01:54:15 AM

Quote from: Silberman on April 11, 2021, 01:05:46 AM

Quote from: hydra666 on April 08, 2021, 01:59:57 AM

at casino, 80% odds is on house favor. I'm not really like to play at casino, even at landbased casino, i only play in slot.

The house edge is nowhere near the levels that you put in your post, if you are playing in a European roulette the house edge is only 2.7% and if you are playing in an American roulette than the house edge is 5.26%, despite the small size of this house edge mathematically this means that over the long term it is going to be impossible for you to beat the casino, but if you are playing for fun, as you should, then this is not a problem at all and you can gamble with an amount of money that you can afford to lose.

Regardless of the house edge, the fact that its a gambling means the chance to win depends on your strategy and luck.

You can choose to bet with a low payout but high chance to win or with high payout but low chance to win so it really depends on your strategy.

Like other games you need to be lucky in order to win because that plays a big part in gambling.

I think that it can be argued that there is not such a thing as luck, there are probabilities and then there are outcomes being created by those probabilities, if you have a long streak of favourable outcomes people call that being lucky and if you have a long streak of unfavourable outcomes people call that being unlucky, but that will assume that somehow mathematics care about what kind of results it gives to you when that is not true, with that in mind the house edge is critical to know how likely it is for you to win on the short and long term.

You are quite right. This is the mindset a gambler has when he decides to play. He doesnt care about probabilities, but only for the dreams connected to the lucky streak and alll the things possible to buy from the winnings.