June
Member
- Messages
- 200
I was reading an article about gambling theory and they discussed this topic. It is confusing to me. They offered this example: If you place a $1 bet 10,000 times then place 1 bet of 1 million, then how many times did you roll the dice? According to the mathematicians, you rolled the dice 10,001 times. But, the statisticians will say you only rolled once simply because all your results were clustered around one bet. Can anyone make this a little plainer?