• "If you turn over a playing card, the chance it will be red is 0.5, or 50%. If the casino was fair, it would pay you $1 for a $1 bet. But if a casino pays you $0.90 instead, it has a 5% edge."

  • "Short term results can fluctuate. Sometimes you win more than expected, sometimes you lose. This is called the standard deviation and this is what most people commonly see as 'luck'."

  • "The minimum table limit at a roulette table is the same whether you make inside or outside bets. On the other hand, because you can win more, inside bets often have a lower maximum limit."

  • "Although roulette has a relatively high house edge, you can play for longer because an average table only sees about thirty spins an hour, compared to sixty games an hour for blackjack."

  • "Nowadays, most slot machines have multiple pay lines. You choose how many lines to play and how much to bet on each, but you must bet at least one coin on each line to activate it or winning that line won't count."