An intuitive and thorough clarification of playing, luck, and threat to maintain you from trying silly
Water cooler small speak is a particular sort of small speak, sometimes noticed in workplace areas, significantly round a water cooler. There, very like up to date cavemen gathered round a hearth, staff often collect and share all types of company gossip, myths, and legends, inaccurate scientific opinions, indiscreet private anecdotes, or outright lies. Something goes. So, on this publish, I focus on a water cooler scientific opinion I overheard the opposite day that actually left me speechless.
Right here’s the water cooler opinion of at the moment’s publish:
‘In a recreation of roulette, for those who initially lose however have the funds for to proceed playing — doubling your guess every time to cowl all earlier losses — you’ll ultimately win. In different phrases, for those who lose, say, 100 instances, your luck goes to ultimately flip round, and also you’ll win — and that is supposedly an excellent technique.’
🤪🎲
Intuitively, this concept may appear to make some sense however is incorrect in so many alternative methods. In actuality, it’s a horrible technique — so horrible that there even are particular phrases in tradition and arithmetic to explain simply how…