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Hi to all,
>I read somewhere, that casinos , there are drawdowns also, (even with this
>slightly better than 50% odds), so in a year the casinos lose to the public
>about 50 days a year, while they make the rest 300+ days. So they have
already
>pre-calculated in those losing days as acceptable "drawdown" So in that
slight
>edge, they still got good results year. after year.
The casino is also smarter when managing their risk: If you start to win too
much,
the casino will ask you to take your business somewhere else!
Best regards,
Murray.
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