Post
Topic
Board Gambling
Re: Stake.com - The Leading Crypto Casino - 🦉 Drake, UFC, Watford Main Partner ⚽ 🥊
by
fullhdpixel
on 13/09/2022, 20:52:02 UTC
Guys, losing 1%, or whatever the house edge for the game you are playing is, is never guaranteed. Some times I wish I'd lost only the house edge and other times I'm in big profit after making just a few rolls.

So, reaching $332k with only $2k of net loss is not "very difficult", neither it is "easy", it just depends on luck. You can be in profit of $1 million after wagering $300k. I'm pretty sure there are such cases.
Of course it's not guaranteed, that's the average basically and you could lose it or maybe you won't. There is a chance you could lose it all on your first ever bet, and there is a chance you could keep on winning and making a profit as well. The point is that the house edge is there to make sure that you will end up losing in the end, maybe you won't for this time around but you will surely lose all your money if you keep on gambling.

There isn't a mathematical situation where you will end up winning and just keep on winning forever, it will end up with a loss one day or another and you shouldn't really be hoping to have a job type of income from gambling.