Quote:
Originally Posted by L-Pink
So basically they so mistrust their own judgment when making loans, that they are trying to cover their asses by other methods I really don't understand. Wouldn't prudent lending and the occasional loss be more logical the long run?
.
|
It would. But they can't lose money if they bet on both red and black in the long run, either. They basically use their bets on red to insure losses against bets on black. At least, that's how I understand it.