My friend has a gambling business.

He asked a simple question after observing a bunch of gambling losers. So they go in there with $100 and wants to come out $1000 richer. 99% will fail. Simple enough logic right?

So now, he wants to reverse the engineering on it and say that he does not want to make $100 and turn it into a grand. He just wants 20% which then is easier to achieve. Like what are the percentage of someone goes in there with $100 and come out with 20% on his rate of return? Make $20 with $100 is easier right?

Now what is 20% of $3000? $600 right? Lets not even say 600 bucks. Lets say $500. So if everyday, he makes $500, he would net himself 182,500 tax free money, considering that he does not lose a day.

In 2 weeks or 14 days, he is already up 7K. So his total bankroll is profit 7k + initital 3k = 10K. He still stays with the $500 a day model and the only difference is his bankroll plus the math is different. He is not trying to make 16% of his bankroll but a lot lot smaller. As long as he wins to add to his bankroll, his percentage will continue to go down and down. Like if he has 20K and trying to win $600 a day, he is only trying to win 3%.

So if someone gives you $100 and tells you to win $3 or 3% in a casino, can it now be done? See where I am going with this?