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Old 07-14-2008, 11:55 AM   #20
ryanisadouche
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Default Re: Gambling for the House

If there was no 1%, the credits would just constantly be moved from account to account. It's set up this way so the majority of people lose, and as tass said, credits become more valuable.

To clarify, 50/50 odds say you should win half and lose half

So if you win 10 1k bets, then lose 10 1k bets, have you broken even? No, you've lost money cause of the 1% rake. Thus the majority loses and credits become more valuable.
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