mattnewport comments on Is Rationality Maximization of Expected Value? - Less Wrong

-23 Post author: AnlamK 22 September 2010 11:16PM

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Comment author: mattnewport 28 September 2010 06:15:45AM 0 points [-]

I think it's hard to enjoy gambling if you are sure you'll lose money, which is how I feel like. I may be over pessimistic.

Comment author: AnlamK 28 September 2010 09:59:40AM * 0 points [-]

Don't get over-excited. You are still losing money in a less than fair-odds situation.

And since most people don't stop gambling until they have some deficit from gambling, casinos usually make more than the odds give them.

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