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Old 20th November 2006, 06:07 PM
crash crash is offline
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Join Date: Jan 1970
Location: gippsland lakes/vic
Posts: 5,104
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Of course you are exactly right. Where probability enters the situation and worsens your chances, is when you have the same bet more than once.

The odds for the single event [or bet] of course remain the exactly the same as you point out. But we are talking here [this thread] of one bet versus many and that is where 'probability' does it's business and why Casinos make a fortune [lots of small bets].
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