Why do people fool themselves when they gamble ? I hear many people many times say you should roll lots of 98% or 90% or whatever odds on dice.
That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.
Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%
5rolls of 90% = 50% profit.
1 roll at 50% = 100% profit.
Ita basic maths people....
well if you do low odds bets continuously , sure you would lost it more than bet on 50:50 chance. let's say you bet 1btc at 1.1 odds , you won it 5x and you get 0.5 profit or 50% profit. this kind low odds bet only work for once or twice bet. That's a bad idea and way less profitable so why do people fool themselves into thinking its better to bet low odds.
Of you roll 50% or 5 rolls at 90% some people will tell you to do the 90% one. The chance is the same actually. You actually lose half your profit rolling at 90%
5rolls of 90% = 50% profit.
1 roll at 50% = 100% profit.
Ita basic maths people....
