Odds & Randomness
The good news is that luck isn’t against you. In fact, luck has nothing to do with whether you win or lose. There’s no way to predict the outcome of the game — it’s completely random. The simple truth is that the only thing you can count on is unpredictability.
What Are the Odds?
Lots of people dream of winning the lottery or getting the “perfect” poker hand, but do you know what the real chances are? When you flip a coin, there’s always a 1 in 2 chance you’ll land on heads. Each toss is independent of what came before, so two tosses don’t guarantee you’ll land on heads even once.
Play for fun, not to make money.
Know how the game works and what the odds are before playing.
Set a budget and stick to it.
Don't chase losses. Accept them as the cost of entertainment.
Balance gambling with other types of leisure activities.
Take frequent breaks.
Set a time limit before you play.
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