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Now, recall our calculation of the expectations of the two dollar and three dollar gambles.
In Canada, Canadian officials say, Mr. Lai lived an easy life, consorting with members of Chinese gangs, losing at least a quarter of a million dollars at gambling tables, and paying his bills from a $1.5 million account at the Hongkong and Shanghai Banking Corporation.
Still, to wager a billion dollars over the course of her nine-year gambling spree, Ms. O'Connor would have had to bet the equivalent of more than $300,000 a day, seven days a week.
All told, Cohen had gambled about three-quarters of a billion dollars on bapi.
"Half a billion dollars.
For a billion dollars.
And a billion dollars.
Maybe for a billion dollars.
"A billion dollars per product!
Is that worth a billion dollars?
They responded in unison: "A billion dollars".
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