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That is how a casino makes money. If there are 60 people playing at your casino and each plays the coin flip game 100 times, then each person has a 31.7% chance of leaving with a profit. But as the casino is playing 6,000 total flips it only has a 1% chance of not making a profit overall. A pretty clever business model.
Casinos make money based on a combination of things really. With the exception of Poker and Blackjack the casino has a built in advantage in ...
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