My final word too.
I think it's a mistake to try and argue mathematical concepts using the English language. It's simply too vague and imprecise. I read an argument from someone once who very articulately and persuasively "proved" that 2 + 2 could not possibly equal 4.
I tend to trust mathematics more than semantics. Sports wagering is mathematically identical to any other game of chance where the house has a built-in advantage. Mathematical expectation a la probability theory says that in these games you expect on average to get back less than a dollar for each dollar wagered. ALL players pay the price for participating in these games.
I think it's a mistake to try and argue mathematical concepts using the English language. It's simply too vague and imprecise. I read an argument from someone once who very articulately and persuasively "proved" that 2 + 2 could not possibly equal 4.
I tend to trust mathematics more than semantics. Sports wagering is mathematically identical to any other game of chance where the house has a built-in advantage. Mathematical expectation a la probability theory says that in these games you expect on average to get back less than a dollar for each dollar wagered. ALL players pay the price for participating in these games.
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