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The mathematics of gambling are a collection of probability applications encountered in games .... A game or situation in which the expected value for the player is zero (no net gain nor loss) is called a fair game. ... Casino games provide a predictable long-term advantage to the casino, or "house", while offering the player the ...
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The same can be said of playing progressive slot games only when the jackpot is big enough or knowing when to raise in a game of Caribbean Stud. This is where human skill overcomes the randomness inherent in games of chance, improving the player’s Expected Value.
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