zlacker

[parent] [thread] 0 comments
1. nullc+(OP)[view] [source] 2024-09-27 08:03:49
Pop quiz: What's better for your wallet? a game with a 66% expected payout that you will play twice before you lose interest, or a game with a 97.3% payout that you'll play 31 times on average?

The comparison needs to be in terms of typical use, otherwise engineering for addictiveness gets a free pass because it often hinges on frequent small rewards and can have a near unity return on a single shot basis yet be a big money maker for the house.

Of course there are probably 'safer' forms of gambling that some addicts are presumably able to use to maintain their addiction at a level which isn't disruptive to their life. ... but single shot EV isn't the right metric. Some weekly state lottery usually has pretty poor EV, yet is seldom ruining anyone.

[go to top]