I guess poker is somewhat more predictable compared to other gambling but I am not too familiar with it. But in racing and dice games, plenty of games are rigged or that there simply isn’t chance of winning in many, if not most, bets. I remember doing statistics and probability in school, and one of the correct answers was like zero or close to zero chance. I asked my teacher if that means literally zero chance of winning. She mentioned that that is indeed the case but most gamblers don’t realise this.
With poker the house takes a “rake” from each hand so they get a certain % of whatever is being gambled for hosting. Since the game involved skill they have to do this to ensure they are making money regardless of who wins.
Pretty much every other game is like you describe; people being bad at maths and conditioned to keep going with inconsistently timed rewards.
I guess poker is somewhat more predictable compared to other gambling but I am not too familiar with it. But in racing and dice games, plenty of games are rigged or that there simply isn’t chance of winning in many, if not most, bets. I remember doing statistics and probability in school, and one of the correct answers was like zero or close to zero chance. I asked my teacher if that means literally zero chance of winning. She mentioned that that is indeed the case but most gamblers don’t realise this.
With poker the house takes a “rake” from each hand so they get a certain % of whatever is being gambled for hosting. Since the game involved skill they have to do this to ensure they are making money regardless of who wins.
Pretty much every other game is like you describe; people being bad at maths and conditioned to keep going with inconsistently timed rewards.
Isn’t blackjack a game you can also beat the house more easily than other games?
Man, those random rewards makes for some wicked conditioning.