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The House Always Wins In The Long Run

Author
Discovery Institute Center on Natural and Artificial Intelligence
Published
Thu 02 Jun 2022
Episode Link
https://mindmatters.ai/podcast/ep189/

In statistics, there’s a theorem called the law of large numbers. It teaches you can’t win in the long run at casino games. It’s why casinos always get rich, and the gambler always gets poor. Robert J. Marks and Sal Cordova discuss gambling, statistics, and mathematics. Show Notes 01:06 | Introducing Sal Cordova 03:11 | The Famous Team: Claude Shannon Read More ›

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