Quote:
Originally Posted by obs20
Wait a minute! Have you ever played 3 card monte?
They will always turn over an empty cup and try to suck you into a larger bet. This is not charity, once your money is on the table the odds are 3 to 1 They know that at this point even though the odds may seem to be even money the overall odds still remain at 3 to 1 because you put your money on the table in the first place.
Let's look at it this way they get your money on the table and pay 2 to 1 on a 3 to 1 chance. They have to make money. If you increase your stake then it's just good money going after bad.
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If you ever really play it, you'll lose money, because the people running the game will be cheating.
But in this honest version, your analysis is faulty.