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The House Always Wins In The Long Run
Episode 189

The House Always Wins In The Long Run

In statistics, there’s a theorem called the law of large numbers. It teaches you can’t win in the long run at casino games. It’s why casinos always get rich, and the gambler always gets poor. Robert J. Marks and Sal Cordova discuss gamb

Mind Matters · Discovery Institute Center on Natural and Artificial Intelligence

June 2, 202228m 15s

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Show Notes

In statistics, there’s a theorem called the law of large numbers. It teaches you can’t win in the long run at casino games. It’s why casinos always get rich, and the gambler always gets poor. Robert J. Marks and Sal Cordova discuss gambling, statistics, and mathematics. Show Notes 01:06 | Introducing Sal Cordova 03:11 | The Famous Team: Claude Shannon Read More ›

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