Post
Topic
Board Gambling discussion
Topic OP
The rule - Gamblers Ruin
by
Agbamoni
on 10/03/2025, 20:03:32 UTC
To be brief, i was in a discussion with my friends at home and one of them said he lost every penny he had yesterday in gambling and that he is thinking of a come back. It was so funny because its crazy to say you want to come back for the house or casino because the casino the house (casino) or market has an active unlimited funds, meaning they can outlast gamblers with small bankroll.

And then i thought about the Gamblers Ruin Rule. I explain simply to him that anyone who keeps gambling for a long time will eventually lose all their money, especially if they don’t have unlimited cash. If you're playing against someone with way more money than you (like a casino or the market), they can afford to keep going, but you can’t. No matter how lucky you are at first, if you keep playing, you'll most likely go broke in the end. After much argument he still made his decision to bet with the next payment he will get tomorrow.