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A proper loss rebate theorem would quantify the precise nature of approximately equal Please forgive me for not taking the dive into those murky waters The issue of non normal distributions gives some practical
If you lose quit and collect on average 9625 for a loss of 17875 If you push bet 25K once again So ignoring pushes you ll win roughly 48 of you sessions with an
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In other words a corollary of LRT3 is that every unrestricted loss rebate promotion on every casino game can be beaten The following table gives the
If the player s initial b ankr ol l is m his curr ent b ankr ol l is n and the c asino o ers a 10 r eb ate on losses what str ate gy should the player fol low to maxi mize his exp e ctation and what is this exp e ctation a n What if the c asino
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The rebate on loss is an agreement between the casino and the customer whereby the player s losses are discounted For example a 10 rebate on loss means that a player who
Simply put a loss rebate is a form of promotion where the sportsbook offers to refund a player s first wager if it results in a loss This type of bonus is designed to reduce the risk for new bettors
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If you lose quit and collect on average 9625 for a loss of 17875 If you push bet 25K once again So ignoring pushes you ll win roughly 48 of you sessions with an
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These bonuses are net loss rebates allowing players to continue playing without depleting their bankroll In addition it enables players to bounce back from a significant loss Learn how these cashback bonuses work and
If you lose quit and collect on average 9625 for a loss of 17875 If you push bet 25K once again So ignoring pushes you ll win roughly 48 of you sessions with an
These bonuses are net loss rebates allowing players to continue playing without depleting their bankroll In addition it enables players to bounce back from a significant loss Learn how these cashback bonuses work and
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