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5k on the roulette table, nothing fancy, just picking red or

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5k on the roulette table, nothing fancy, just picking red or black -- straight 50 percent chance.

No, back and forth winning and losing, just one gamble, going in there at peace if you just lose it all at once.

Is this scenario so bad if you want to one day just risk a small stash at a casino?
>>
If you don't need the money for food and shelter, go for it. If it's for meals, yes, it is bad.
>>
Ah.. the money i've wasted just to accomplish a "moment" i've been wishing for... go for it
>>
>>17386236
remember, anon
money goes on black
>>
>>17386236
There are options

1 bet of 5k
2 bets of 2.5k
4 bets of 1.25k

Mathematically, one bet of 5k is the best - your expected value at the end of these sets of bets is always exactly the same, based on the odds of the game, I believe the house only has a few percent over you because of a miscolored number that means neither black nor white wins

By increasing the variance of your winnings in this way while keeping the expected value constant, you actually increase your probability of winning money overall by placing fewer best (one bet). Each bet you place stably locks your results down towards the expected value (which is negative for you), so place one bet to avoid decreasing your variance.

Do it for fun once if you have lots of money, but don't do it if you need this money
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