The most powerful force in the universe is compound interest
Does this correlate with dice control or Casinos winnings on Craps bets?
Replies:
Posted by: Agame on August 29, 2012, 3:49 pm
Sounds open to interpretation as to whether or not it relates to a craps player in the long run.
Posted by: Guest on August 29, 2012, 5:54 pm
Agame asked: Interesting quote. Are you the author, CIII?
No, I’m not the author.
Many attribute the quote to Einstein, but many doubt that.
There was a poster on this message board that vehemently doubted that the House could survive with a 1.41% Passline advantage.
In today’s environment it is difficult to get 1.41% interest!
Consider that the House gets that 1.41% compounded every few rolls on every bettor and more on most bets. Also, consider that the House compounds this amount frequently and not annually.
A player can increase their advantage and compound their winnings by their method of betting and play.
Let’s hear it from others with more experience than I have.
