"Casino results are expressed as probabilities, usually as a decimal amount between zero and one where zero is impossible and one always happens. For example, the chance of a flipped coin being tails is 0.5."

"Turing a card over 10 times will statistically result in 5 reds and 5 blacks. If you bet $1 each time with this house edge, you would win $4.50 but lose $5. In the long run, you expect to lose $0.50, or 5% of your money."

"In order to win a jackpot on a progressive slot machine, you must play with max coins. Otherwise, you are simply making the jackpot bigger for the person who will eventually win it."

"When a blackjack hand, either yours or the dealer's, goes over twenty-one it's referred to as a bust or break. You can hear either of these words used at blackjack tables.'

"Since nearly all bets in the casino carry an EV under zero, you can't only search for positive EV bets. Play the bets with the smallest casino edge and avoid the ones with the largest."