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...which is why I stated "the MC can help you conceptualize distribution of results", however again this doesn't really require an MC simulation. To achieve $2000 while betting $1000 requires you to win one bet more than you lose. To get there while betting $10 requires you to win 100 more. Common sense should tell you which is significantly easier to achieve.



It is dangerous to rely on common sense. Many people believe that with a little luck you can win at roulette. Even according to my common sense, I would not believe that the chance is so low. But a little MC simulation tells me how it really is.

https://easylang.dev/ide/#code=n%20%3D%2010000%0Afor%20i%20%...


You're trying to justify your own article. I don't think many people believe you just need "a little luck" to win $1000 at any casino game while betting just $10 per hand -- most recognize that it's close to impossible when betting that small, because it requires 100 more wins than losses. Perhaps you did not -- that's on you.


You are trying to justify your comment. You overestimate the mathematical judgment of most people. But all due respect to you for assessing it so accurately. I myself prefer to rely on a MC simulation.




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