Understand why casinos and racetracks stay in business - the gambler always loses over the long term.

Summary

This quote suggests that casinos and racetracks are able to continue their operations because, in the long run, gamblers tend to lose rather than win. It highlights the fact that the odds are usually not in favor of the gambler and that the "house" always has an advantage. By understanding this reality, one can comprehend why these establishments are able to sustain themselves and make profits.

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