HardWorld Riddle
Even though the odds are always in favor of the gambling house, why does the establishment insist on a house limit on stakes?
Riddle
Even though the odds are always in favor of the gambling house, why does the establishment insist on a house limit on stakes?
Choose an answer
A.To follow gambling laws
B.To keep games fair
C.To prevent cheating
D.Without house limits, casinos would go bankrupt; gamblers could eventually win by doubling their stakes indefinitely.
Hint: It's a 16-word phrase with 99 letters, starting with "W".
Answer
Without house limits, casinos would go bankrupt; gamblers could eventually win by doubling their stakes indefinitely.
Why this is the answer
Betting limits protect the casino from a gambler's doubling strategy, which could theoretically bankrupt the house given unlimited funds and no cap.
This riddle is filed under How, What, Why Riddles and rated Hard.