ScratchData LogoScratchData
Back to erl2011's profile

game with house edge

ERerl2011•Created June 26, 2024
game with house edge
1
1
1 views
View on Scratch

Instructions

enter the starting cash and amount you bet on each game. it has a 1 in 3 chance of multiplying your bet by 2x, and a 2 in 3 chance of you losing your bet

Description

This simple game shows a game that seems pretty fair, but actually has a slight house edge. a fair game with an ev of 0 would be 33.33% chance of 3x the bet, and 66.66% of losing it all. but because this game only 2xs the bet, with 33.33% chance of winning, it has a negative ev. don't gamble. the house always wins

Project Details

Project ID1042336096
CreatedJune 26, 2024
Last ModifiedAugust 13, 2024
SharedJune 26, 2024
Visibilityvisible
CommentsAllowed