Glossary · math
Law of large numbers
The average of independent results converges to the expected value as the number of trials grows.
In context
It is why the casino’s 2.70% is invisible in a session and unmissable in a year. It says nothing about the running total, which drifts further from zero as spins accumulate.
Did you know
Jacob Bernoulli proved the first version in 1713 and called it his “golden theorem”; it took him twenty years.