As far as anyone is concerned, or rather - as far as anyone should be concerned, if you place a bet while incurring an edge, then you have already lost even before the result has come.
From a wave-collapse model, your average expectation is negative! If you were a 5D entity and could collect all the various manifestations of your person after each possible result of any given bet with a house edge, what you would find if you were to sum the winnings from all of those timelines is that it's actually less than what the collective started with, prior to the bet. Volatility is one thing, but never delude yourself when you gamble by saying, "there's a chance I can win."
It's true. There's a chance you can win, but the odds are against you. There's also a chance you can win the lottery, or a chance that you can win a jackpot.
From a wave-collapse model, your average expectation is negative! If you were a 5D entity and could collect all the various manifestations of your person after each possible result of any given bet with a house edge, what you would find if you were to sum the winnings from all of those timelines is that it's actually less than what the collective started with, prior to the bet. Volatility is one thing, but never delude yourself when you gamble by saying, "there's a chance I can win."
It's true. There's a chance you can win, but the odds are against you. There's also a chance you can win the lottery, or a chance that you can win a jackpot.
And this,,, this is what people keep failing to understand! As soon as you DEPOSIT money, you have already to fight back from a losing position. Because all bets are with a house edge, the bigger the edge, the bigger your starting losing position which just makes sense that we should always look for the lowest edge.
I gamble knowing this and knowing that if I come away with a win, I have done the unlikely. It seems people do not understand this well though.
