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re: Monty Hall Spinoff Thread: St. Petersburg Paradox
Posted on 8/12/17 at 5:36 pm to STLDawg
Posted on 8/12/17 at 5:36 pm to STLDawg
Whatever the calculated average winnings are, Vegas would set the entry to be much higher than that.
Say, your average payout is $5 in this game. Vegas would probably charge $8 to play.
$3 average profit for every time played.Vegas wins again and builds another billion dollar casino, using 0 tax dollars.
Say, your average payout is $5 in this game. Vegas would probably charge $8 to play.
$3 average profit for every time played.Vegas wins again and builds another billion dollar casino, using 0 tax dollars.
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