Quote:
Originally Posted by pk_nuts
So....the postive here would be that if one discovered a bias the casino, using above methodology, would not discover the bias for over a year?
What do you mean?
"If I somehow magically knew there was a bias in the wheel, the casino wouldn't be able to detect the same bias for another year?" (correct)
"If I mathematically figured out the bias in the wheel, the casino wouldn't have been doing the same thing and would only start looking after they knew I knew?" (incorrect)
The casino (a) gathers more information than you're capable of gathering, so from a mathematical standpoint the casino will know before you know, and (b) doesn't need to mathematically detect a bias when they see you winning way too much money to be just lucky. If you start winning thousands of dollars a day, they don't really care how you're doing it, they'll just switch the wheel / switch the dealers / shut down the table until you stop. The casino is a business, not an educational center.