PDCA日記 / PDCA Diary

継続は創造だ! / Continuity is Creation!

PDCA日記 / Diary Vol. 1,407「主催者が有利に設定されている」/ "The organizer is favorably set"

English follows Japanese.

PDCA日記 Vol. 1,407「主催者が有利に設定されている」












今回紹介する資料「最強に面白い!! 確率」は、確率について分かりやすく解説しており、「主催者が有利に設定されている」部分の以下フレーズが印象的でした。



















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< Mr. PDCAのボンジュール英語「主催者」 = 「organizer




「主催者が有利に設定されている」を英語で表現する場合、「The organizer is favorably set」とすればよいですね😊。

PDCA (plan-do-check-action) Diary Vol. 1,407 "The organizer is favorably set"

When I live abroad, I am sometimes asked, "Why don't you go to the casino?"


When I worked for a private bank, I once accompanied a customer to a casino.


When I saw customers melting hundreds of thousands of dollars, I felt that "this is dangerous" and I never went to a casino personally.


I have never dabbled in gambling, not just casinos, but also horse racing, and I have never even bought a lottery ticket.


In my case, my life is close to gambling (?), so maybe it's the fact that I'm having a sufficiently exciting life without gambling.


The material introduced today, "The most interesting probability (Japanese only)", explains the probability in an easy-to-understand manner, and the following phrases in the part where "the organizer is favorably set" were impressive.


“Not only in roulette, but in other gambling and lotteries as well, the conditions are basically set so that the organizer side (bookmaker) is advantageous.


The Japanese Lottery is set up so that 52.67% of the purchase price goes to the organizer.


More than half of the purchase price is made available to the organizer.” (Unquote)



It's not just gambling that hosts are favored.


The financial industry, where I used to work, is a typical example of "the organizer makes a profit", and the real estate industry has the same structure in my view.


When dealing with a large amount of money, it is important to confirm whether this is a profitable business for the bookmaker.


I feel that it is a rational behavior not to get involved in a profitable business.


Let's function PDCA today!   


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