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HTTP 418: I'm a teapot

The server identifies as a teapot now and is on a tea break, brb

HTTP 418: I'm a teapot

The server identifies as a teapot now and is on a tea break, brb

House edge Memes

Posts tagged with House edge

Expected (Lack Of) Value

Math Psychology
21 hours ago 19.1K views 0 shares
Expected (Lack Of) Value
Probability theory brutally crushing gambling dreams since forever! The meme shows gamblers justifying their habits with "you can only lose 100% but make 2000%" while mathematics says "No you don't." The formula at the bottom is Expected Value - E(X) - which calculates what you'll actually get on average by multiplying each outcome by its probability. For casinos, this formula always tilts in their favor (negative for players). So while gamblers dream of 2000% returns, the cold hard math says "the E(X) is coming" to collect its statistical dues. The house always wins... it's literally built into the equation!

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