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Podcast: Mind Matters
Episode: The House Always Wins In The Long Run
Description: In statistics, thereโs a theorem called the law of large numbers. It teaches you canโt win in the long run at casino games. Itโs why casinos always get rich, and the gambler always gets poor. Robert J. Marks and Sal Cordova discuss gambling, statistics, and mathematics. Show Notes 01:06 | Introducing Sal Cordova 03:11 | The Famous Team: Claude Shannon Read More โบ
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