Monte Carlo Method, Probability, Python, Data Science.
return after 3 iterations of 100,000 spins was -0.364%. Our average return after 3 iterations of 1,000,000 spins was 0.408%. If we didn’t run so many games, the perception of average return would be different. If we ran 3 iterations of just 100 spins, one could assume the return was -4%. If we ran