Yesterday, gambling king Stanley Ho passed away at the age of 98. The legendary figure known as the "Macau Gambling King" has come to an end.
To this day, Stanley Ho and his family control assets of up to HK$500 billion.
~
Someone once asked Stanley Ho: "What if they always win?"
The old man once said a famous saying: "Don't be afraid of the pain of losing. I’m just afraid that the bet will be broken.”
In Stanley Ho’s eyes, it was impossible for him to lose.
Because he is not betting on luck, but on mathematics.
~
For example, when rolling dice, 123 is small and 456 is large. Whether you buy small or big, there is a 50% chance.
From the superficial probabilities, this is indeed a fair game.
However, this kind of fairness has certain conditions. Only if the number of times is enough, the more times, the closer the probability is to 50%. On the contrary, the fewer the times, the more uneven the chances.
But people often mistakenly understand that chance is random and uniform.
~
?1. Each round is an independent probability
If you are smart, you may say that maybe I am lucky, and I will win more if I bet in 10 rounds. What about 1 game?
Yes, that’s right, other people think so too. That’s what makes it attractive. Not only that, the casino also increases the odds. If you lose, you’ll pay 1 yuan. If you win, you’ll get 2 yuan. Here you go. Create greater temptation.
As the saying goes, lose less to win, and stop when you are good, but some people who enter the casino are rational. (Are you rationally looking at the little sweet potato seriously?)
Assumption: Lost the 1st game, lost the 2nd game, lost the 3rd game
In the 4th game , I will think in my heart, I don’t believe in evil, so I increase my chips
This strong illusion that you can win back the next hand is the "gambler's fallacy".
However, there is no emotion in gambling, and each game is an independent probability.
Only a handful of people can control themselves until they click. Most people want to win back when they lose, and want to win more when they win!
~
?2. Gambling kings don’t gamble
You may have heard that all your friends playing mahjong said that they lost money, where did the money go? Gone?
The answer is, contribute it to the mahjong parlor.
The same goes for casinos. They provide venues for free, and give you free food and drinks. Then he said, I worked hard to set up a venue, and sometimes you can win money. Look at every 100 yuan you win. I can pump 2% water.
If you think about it, 2% is not much, no problem.
However, what you never dream of is: just this small 2% will make you lose to the end again!
You are also puzzled, but it is just a small 2% pump.
However, the reality is that just like what you believe, the tides turn around. You win today and he will win tomorrow. But no matter who wins, the more you win, the more rake you will give to the "banker".
In the long run, you still lose and all the money goes into the banker’s pocket.
So the old man said, I am not afraid that you will win, but I am afraid that you will not gamble ~
~
There are many people in the world who still hold on to luck. There is only one rule for losing:
Don’t gamble, don’t gamble, don’t gamble! ! !