David Xiang
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David Xiang
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  • Software Developer Life
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decision making skills

Life

The 1% House Edge

by dxiang 2020-04-02

If you’ve ever hit the tables in Vegas, you’re no stranger to the infamous mathematics surrounding house edge. What is this phenomenon? House edge is a built-in advantage, designed into every game, that guarantees the casinos make their money. This edge can be very small, 1% or less, yet it pays for opulent hotels and endless rows of lobster buffet. As the saying goes, the house always wins.

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My name is David Xiang. I am a software developer based in New York City.

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Software

  • Staff Software Engineer Responsibilities

    2021-01-19
  • Kafka As A Database? Yes Or No

    2021-01-10
  • Software Engineer Vs Programmer

    2020-12-31
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    2020-08-18

Management

  • Staff Software Engineer Responsibilities

    2021-01-19
  • The Debugger’s Mindset

    2020-08-18
  • The Importance Of Technical Planning

    2020-08-10

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  • The 1% House Edge

    2020-04-02

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