Is zero really a problem?

[Steve]

Here's a simpler example for you. Consider a coin toss. There are two outcomes: head and tails.

No matter what you bet, you have a 50% chance of winning. So if the game was fair, the payout will be 1:1.

Will changing your bet size change the outcome? Nope. How about betting a repeat in X tosses will or wont happen? Nope. You still have 1:1 odds.

Now imagine if the payout for wins was 10% less.

You arent going to just break even. You'll gradually lose more and more over time. Even when you win with the expected 50% accuracy, you'll still lose.

I dont understand why many of you just dont get it.

[MoneyT101]

I will reply in the new topic