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Macau is the world’s gambling capital and its newest super-hotel, the MGM Cotai, is determined to cater to every whim of its high-rollers. Giles and Monica join the mind-boggling 6000 staff and try to come to terms with the sheer vastness of the resort. They discover a secret VIP world of huge suites where even money can’t buy a room. So how do the ultra-rich gain entry to this hallowed place?
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Welcome to TTAG, a channel for sharing gambling stories. We hope that everyone will have a deeper understanding of gambling after watching!
⚠️ Disclaimer: This video is based on real experiences, but some content has been fictionalized. The characters may be composite or fictional. Viewers are advised to use their own discretion！
Gamblers Can Never Beat the Casino’s Calculated Weapon — the Kelly Formula!
GAMBLERS CAN NEVER BEAT THE KELLY FORMULA
Every gambler who steps into a casino must be brutally honest about one thing: you are never gambling against luck, nor are you competing with a specific dealer or the house. Your true opponent is the lineup of "mathematical titans" standing behind the casino—Jacob Bernoulli, who discovered the Law of Large Numbers; Pierre-Simon Laplace, who laid the foundations of probability theory; the "Prince of Mathematicians" Carl Friedrich Gauss, who charted the normal distribution curve; John Nash, the pioneer of game theory; and, of course, the ultimate boss, John Kelly.
Now, ask yourself honestly: in a duel of such intellectual disparity, what makes you think you can win?
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