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course, on the opposite side, when you lose, you’re likely to lose much more under this scenario). The longer the odds (even if the return is the same), the longer you can play without being guaranteed to lose. As a particularly salient example consider slot machines. In many casinos, slot machines are set to return -12% on average.
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When people want to win a jackpot that is really big at a casino, they may think that the progressive
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