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Originally posted by: KayPeaQuote
Originally posted by: FrankKneeland
That so few people understand this is frightening to me. I knew America was 68th in the world for math comprehension, but its always just been a statistic to me.
Who says we're discussing math? How long is a "long term" relationship?
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Originally posted by: FrankKneeland
99% chance to be within X of 100% return where X is the percentage of overlay.
Is that a long term Hollywood relationship, or a relationship between "normal" people?
Most people don't think about the math when they go into a casino any more than when they go to see a movie. If they did, then they would be looking at the cost of the movie compared to the length of the movie to calculate the cost per minute for movie watching and go with the movie where the viewer has the best edge. They would calculate the odds of getting to see an action movie over the romance movie, and getting a short term relationship to last to being enough of a long term relationship in order to getting close to a 100% return of the money invested in the date.
Most people go to the casino for fun, so terms like edge, odds, short term, and long term will have entertainment oriented meanings rather than mathematical ones.