Published in Data & Molecule Bits
Author Giorgio Luciano
Have you ever wondered why casinos seem to have a mysterious edge, making them consistently profitable? Let’s explore a paradox in the world of gambling, where the number zero takes center stage and helps the house always come out on top. To illustrate this phenomenon, let’s simulate the game of roulette using the R programming language. We’ll focus on a simple bet: predicting whether the ball will land on red or black.