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In this episode, Charlie Apigian and Charlie Yielding dive into the world of betting, specifically casinos, sports, and the lottery. They look at the probability of winning (or losing!) and how the house always wins. (Sorry gambling friends - this might be a little tough to hear.)
So why does the house always win? Easy - math is hard and gamblers do not follow the math (or probability). But, after this episode you should have a better appreciate for the "math" and your ability to use betting as an entertainment (you will lose) instead of a yearning for making money.
Episode Links:
Data 4 All Social Media Links
Charlie Yielding Social Media Links
Charlie Apigian Social Media Links
For more information please visit us at www.data4all.io or email us at [email protected].
5
1313 ratings
In this episode, Charlie Apigian and Charlie Yielding dive into the world of betting, specifically casinos, sports, and the lottery. They look at the probability of winning (or losing!) and how the house always wins. (Sorry gambling friends - this might be a little tough to hear.)
So why does the house always win? Easy - math is hard and gamblers do not follow the math (or probability). But, after this episode you should have a better appreciate for the "math" and your ability to use betting as an entertainment (you will lose) instead of a yearning for making money.
Episode Links:
Data 4 All Social Media Links
Charlie Yielding Social Media Links
Charlie Apigian Social Media Links
For more information please visit us at www.data4all.io or email us at [email protected].
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