31 {{ upvoteCount | shortNum }}
31 {{ upvoteCount | shortNum }}

It's Time For My Latest Casino Visit Report

by lanfear63
29 replies
  • OFF TOPIC
    • |
Yesterday, and part of today I gorged myself on some casino visits in Louisiana. A very long time since I visited one so I'm not an addicted slot player. Not been out of state for several years, thanks to Covid. They are pretty much banned in TX aside from a few small American Indian owned ones

So, not far over the border we have the very new Golden Nugget casino and hotel, stayed for one night at the Nugget. Literally across the the parking lot, walkable, is the equally large but older L'aubarge. Both were very similar in layout, almost interchangeable. Both had table games. Spent an equal amount of time in both

Neither were good payers, machines were fairly tight, lost a chunk of change. Some times you win, sometimes you lose on casino visits.

I must admit, my strategy was reckless, just going for the big win.

However, on the way back, visited Delta Downs, this has no table games, only slots, but it has very good sports betting and a race track.

Because of this (possibly) I feel that they had set the slots a fair bit looser, played a range and came out a little ahead, much better payers consistently. The other casino's relied on making money from machines and table games only. Delta Downs has more strings to it's bow.

So, if your in that neck of the woods, Delta Downs gets my vote.

Any good wins or gambling stories you would like to share?
  • Profile picture of the author discrat
    Yeah Texas is archaic with gambling laws. I really want to do some online betting. Just a few bucks here and there to make sport games more entertaining.

    But cannot do it as the online betting sites check up on your IP address . And mine says TX. and thus they won't let me put down a bet
    {{ DiscussionBoard.errors[11722362].message }}
  • Profile picture of the author tagiscom
    Originally Posted by lanfear63 View Post

    Yesterday, and part of today I gorged myself on some casino visits in Louisiana. A very long time since I visited one so I'm not an addicted slot player. Not been out of state for several years, thanks to Covid. They are pretty much banned in TX aside from a few small American Indian owned ones

    So, not far over the border we have the very new Golden Nugget casino and hotel, stayed for one night at the Nugget. Literally across the the parking lot, walkable, is the equally large but older L'aubarge. Both were very similar in layout, almost interchangeable. Both had table games. Spent an equal amount of time in both

    Neither were good payers, machines were fairly tight, lost a chunk of change. Some times you win, sometimes you lose on casino visits.

    I must admit, my strategy was reckless, just going for the big win.

    However, on the way back, visited Delta Downs, this has no table games, only slots, but it has very good sports betting and a race track.

    Because of this (possibly) I feel that they had set the slots a fair bit looser, played a range and came out a little ahead, much better payers consistently. The other casino's relied on making money from machines and table games only. Delta Downs has more strings to it's bow.

    So, if your in that neck of the woods, Delta Downs gets my vote.

    Any good wins or gambling stories you would like to share?
    Nothing off hand, haven't been to the Crown Casino or smaller pokie venues here for a while, (usual Covid restrictions and it is easier and safer with online trading).

    And l wouldn't bother with online casino sites, since it is easy to put money with them and virtually impossible to withdraw, and if not they slap some hidden bonus crap on your account, which makes it virtually impossible to get it back.
    Signature
    Archimedes Forum, Sign up l won't bite
    {{ DiscussionBoard.errors[11722372].message }}
  • Profile picture of the author Claude Whitacre
    Originally Posted by lanfear63 View Post


    Any good wins or gambling stories you would like to share?
    The last time I gambled was over 20 years ago. I put one silver dollar in a slot machine, and it paid out $300.

    That was it. I was ahead, so I quit. But even then, I had already lost so much more than that over the previous years, playing slots (I don't know how to gamble in any other way)

    I had a friend that was addicted to gambling. He would steal money from his company (take out money without telling his wife), borrowed huge amounts from me and other friends, He got some people to take out personal loans to give him money. He eventually lost his house.

    He thought he had a system. Everyone thinks they have a system. Casinos stay in business from people who have a system.

    Except for card counters (which may not work anymore, because casinos may use multiple decks of cards in Blackjack), the house always has a mathematical advantage.

    And slot machines are about the worst. They pay out about 70 cents for every dollar they take in. The only worse bet is the lottery.

    My son made a living playing poker in Las Vegas for years. I asked him how he won so consistently. He said "I only play after midnight, and I don't drink".

    One day he called me and told me he needed money. I asked him why he needed money. He told me he made the mistake of drinking a few martinis before playing poker...and lost everything.

    Or did you mean stories about winning?
    Signature
    One Call Closing book https://www.amazon.com/One-Call-Clos...=1527788418&sr

    What if they're not stars? What if they are holes poked in the top of a container so we can breath?
    {{ DiscussionBoard.errors[11722476].message }}
  • Profile picture of the author Kay King
    Except for card counters (which may not work anymore, because casinos may use multiple decks of cards in Blackjack), the house always has a mathematical advantage.

    It's funny to see people still mention card counters...most casinos (not all) are using shuffling machines now with 6 decks....others hand deal 'pitch' which is 1-2 decks - but only one is usually dealt.....neither of those is good for card counts.


    It's not that no one wins at gambling - problem is very few people quit and walk out when they are ahead.
    Signature
    Saving one dog will not change the world - but the world changes forever for that one dog
    ***
    Live life like someone left the gate open
    {{ DiscussionBoard.errors[11722504].message }}
    • Profile picture of the author Claude Whitacre
      Originally Posted by Kay King View Post

      .
      It's not that no one wins at gambling - problem is very few people quit and walk out when they are ahead.
      That's right.

      People playing roulette, black jack (assuming no counting), slot machines eventually lose. And one reason is that they keep playing when they win. And the longer you play, the longer the house advantage is working against you. Or they lose, and think they are going to "win my money back".

      The odds are, at some point early in the game, you'll be ahead, for a short time....so we keep playing, thinking we know what we are doing. And the reason we stop is that we run out of money. The house never runs out of money.


      There are literally no professional gamblers that play the slots or roulette. Why? They have no control over the odds. Poker is different because you are playing other people. My son's tactic was simply to play against drunk players. He told me that if a guy sat down that seemed to know what he was doing, my son would get up and leave......because now he was playing against someone who may be better than he is.

      But the house? The math never gets drunk, never gets tired, never stops working in the house's favor.


      My dad used to play the lottery every day. He wrote down the winning numbers every day, looking for a pattern.

      Once in a while he would win a few hundred dollars. I would share his joy. But I also knew that for every hundred dollars he won, he lost about $200.

      Once I told him 'Dad. Did you know that they only pay out about half of what they take in?". But he was certain he would win, because he had a system.
      Signature
      One Call Closing book https://www.amazon.com/One-Call-Clos...=1527788418&sr

      What if they're not stars? What if they are holes poked in the top of a container so we can breath?
      {{ DiscussionBoard.errors[11722506].message }}
      • Profile picture of the author lanfear63
        Originally Posted by Claude Whitacre View Post

        That's right.

        People playing roulette, black jack (assuming no counting), slot machines eventually lose. And one reason is that they keep playing when they win. And the longer you play, the longer the house advantage is working against you. Or they lose, and think they are going to "win my money back".

        The odds are, at some point early in the game, you'll be ahead, for a short time....so we keep playing, thinking we know what we are doing. And the reason we stop is that we run out of money. The house never runs out of money.


        There are literally no professional gamblers that play the slots or roulette. Why? They have no control over the odds. Poker is different because you are playing other people. My son's tactic was simply to play against drunk players. He told me that if a guy sat down that seemed to know what he was doing, my son would get up and leave......because now he was playing against someone who may be better than he is.

        But the house? The math never gets drunk, never gets tired, never stops working in the house's favor.


        My dad used to play the lottery every day. He wrote down the winning numbers every day, looking for a pattern.

        Once in a while he would win a few hundred dollars. I would share his joy. But I also knew that for every hundred dollars he won, he lost about $200.

        Once I told him 'Dad. Did you know that they only pay out about half of what they take in?". But he was certain he would win, because he had a system.
        Interestingly enough, I looked at the payback ratios for the various denominations you could bet with on slots. In Vegas you would get 86/87 percent on penny slots and it goes up a little more as you increase your base bet like 25 cents, a dollar etc.

        Funnily enough, it is not the 25 or 100 dollar bets that have the highest percentage.
        It was the humble 5 dollar bet which had just under 95 percent payback. So that does not mean you can pick a 1 cent machine and do the highest bet like 5 dollars. It means you have to pick a machine who's base bet is 5 dollars. Although, true to say, more and more machines are allowing you to that, that is change your base bet denomination.

        In this video, this guy, a popular you-tuber shows how you to manage your money better. when betting. It does not guarantee you will win a fortune but will give you a better chance either breaking even, coming out a little ahead or at least coming out of the casino having not lost all your money.

        https://youtu.be/fRJa9918lNs

        It can be entertaining and adrenalin pumping to play the slots, always that chance of winning a biggy. On my first ever visit I won a thousand and smaller wins of 500/250 since etc. However, if you have not got the money to burn, stay away.
        Signature

        Feel The Power Of The Mark Side

        {{ DiscussionBoard.errors[11722525].message }}
  • Profile picture of the author Kay King
    it is not the 25 or 100 dollar bets that have the highest percentage. It was the humble 5 dollar bet which had just under 95 percent payback.

    I'll never forget a man I talked to years ago in the casino. I was dealing in the "salon" which was a secluded area of high stakes tables and minimum $10 machines.


    Had no players for a bit and a guest came over to chat. He pointed out to me that he only played $100 slots.....and he repeated over and over 'those are the best because they pay back 95%. Then he went on to say the $10 slots only pay back 85%.


    I told him if that made him happy, I'd give him $95 for every $100 he gave me....and i'd do it all day long. In fact, I offered to give him $8.50 for every $10 he had....


    The look on his face was priceless. Apparently that exchange reality had not occurred to him.
    Signature
    Saving one dog will not change the world - but the world changes forever for that one dog
    ***
    Live life like someone left the gate open
    {{ DiscussionBoard.errors[11722530].message }}
    • Profile picture of the author lanfear63
      Originally Posted by Kay King View Post

      I'll never forget a man I talked to years ago in the casino. I was dealing in the "salon" which was a secluded area of high stakes tables and minimum $10 machines.


      Had no players for a bit and a guest came over to chat. He pointed out to me that he only played $100 slots.....and he repeated over and over 'those are the best because they pay back 95%. Then he went on to say the $10 slots only pay back 85%.


      I told him if that made him happy, I'd give him $95 for every $100 he gave me....and i'd do it all day long. In fact, I offered to give him $8.50 for every $10 he had....


      The look on his face was priceless. Apparently that exchange reality had not occurred to him.
      I make a correction here on the penny slots. These are stats from Nevada 2017/18. Amazingly the $100.00 slots have a lower percentage payback than the $5.00 The $25.00 is the highest but only just beating the $5.00 bet. Other states are meaner in their payback. I suppose it makes Vegas more attractive that they do this because it is the main source of income

      Added, I see here that the nickel slots have a good payback percentage.


      Penny Slots = 90.17% payback (9.83% house take)
      Nickel Slots = 94.54% payback (5.46% house take)
      Quarter Slots = 93.06% payback (6.94% house take)
      Dollar Slots = 93.94% payback (6.06% house take)
      $5 Slots = 94.16% payback (5.82% house take)
      $25 Slots = 95.03% payback (4.97% house take)
      $100 Slots = 93.21% payback (6.79% house take)
      Megabucks = 87.93% payback (12.07% house take)
      Signature

      Feel The Power Of The Mark Side

      {{ DiscussionBoard.errors[11722536].message }}
  • Profile picture of the author tagiscom
    Originally Posted by Claude Whitacre View Post

    That's right.

    My dad used to play the lottery every day. He wrote down the winning numbers every day, looking for a pattern.

    Once in a while he would win a few hundred dollars. I would share his joy. But I also knew that for every hundred dollars he won, he lost about $200.

    Once I told him 'Dad. Did you know that they only pay out about half of what they take in?". But he was certain he would win, because he had a system.
    My Mother doesn't have a system apart from sticking with one outlet since she has won consistency, at least a few months ago she did.

    And gets excited when she wins $15 or more, (the Ticket costs about $15, and she buys two per week) and l have pointed out that she is spending about $1400 a year on this nonsense, but since her pop won $15,000 after playing Totto for l think she said 30 odd years, she is convinced that one day she will win something big.

    I have pointed out she would be better off sinking that into an online trading account putting it all on Tesla and forgetting about it, would have a better chance of big profits if left alone.

    Originally Posted by Claude Whitacre View Post

    I had a friend that was addicted to gambling. He would steal money from his company (take out money without telling his wife), borrowed huge amounts from me and other friends, He got some people to take out personal loans to give him money. He eventually lost his house.

    He thought he had a system. Everyone thinks they have a system. Casinos stay in business from people who have a system.

    Or did you mean stories about winning?
    Agreed, that is why Roulette tables have LED red/green lighting boards showing red/black results, since it forms patterns, and patrons think, "l can beat the house" but they can't believe me.

    I don't really have win/lose storys apart from online casino's, but just don't have the motivation to walk into a pokies venue, since my online trading is doing so well.

    And some will say "that it is gambling" but it isn't, sure trying to capitalize on a recurring gain, is present in both genres, (with the inevitable loss) but there is more to trading, or you really can beat the house, or institutionalized investors.

    They use a lot of tricks to make money, and watching a stock to try to guess which way it is going is virtually impossible. Technical analysis will only get you so far, although looking out for inflationary reports, and economic forecasts as well as earning reports does help.

    And there are plenty of online traders, who are doing well, or very well, when most would consider what they are doing to be gambling, so clearly you can beat the house on the stock market, but it takes a long time to get a handle on it.

    I suspect that most would buy a Lotto ticket or pull a handle than spend 5 years or more perfecting their technique and making money. And in 5 years time, they are broke or ahead destined to become broke, and the trader is building equity.

    This reminds me of "The Greatest Salesman in The World" book, or the building a pipeline instead of walking to the lake with two buckets. Building a pipeline will always win in the end, even though it looks like the guy with the buckets is.
    Signature
    Archimedes Forum, Sign up l won't bite
    {{ DiscussionBoard.errors[11722545].message }}
  • Profile picture of the author Kay King
    Agreed, that is why Roulette tables have LED red/green lighting boards showing red/black results, since it forms patterns, and patrons think, "l can beat the house" but they can't believe me.

    It is - always - a random 'pattern'.
    Signature
    Saving one dog will not change the world - but the world changes forever for that one dog
    ***
    Live life like someone left the gate open
    {{ DiscussionBoard.errors[11722596].message }}
  • Profile picture of the author Artkantos
    Casinos...That could be my life business if they were not a mafia! Do you know the Pelayos? The guy found a way to win Roulette consistently with mathematical advantage...We "attack" the Gran Via Casino in Madrid 2 years ago and we won like $20k extra with a $10k initial budget in less than a week, the next week the casino mafia kick us out...We didn't do anything wrong or any cheating...But they are the only guy with license to rug!
    {{ DiscussionBoard.errors[11722597].message }}
  • Profile picture of the author tagiscom
    Originally Posted by Kay King View Post

    It is - always - a random 'pattern'.
    Ramdomness creates patterns, and some patterns even though incredibly rare happen.

    It is possible to have 13 Reds or Blacks coming up, which if you keep reinvesting can lead to massive profits, but these events are rare.

    Even 10 in a row is fairly rare, and you can blow a lot of time and money trying to find a streak of that kind, or as Claude keeps saying the house wins, (translated they have a team of mathematicians and super computers crunching all of the numbers so they win).

    Originally Posted by Artkantos View Post

    Casinos...That could be my life business if they were not a mafia! Do you know the Pelayos? The guy found a way to win Roulette consistently with mathematical advantage...We "attack" the Gran Via Casino in Madrid 2 years ago and we won like $20k extra with a $10k initial budget in less than a week, the next week the casino mafia kick us out...We didn't do anything wrong or any cheating...But they are the only guy with license to rug!
    No doubt you are referring to staying at the Roulette table for 24 hours which gives you a virtually guaranteed probably of breaking even. And capitalizing on that.

    I stayed at a Roulette table for about 6 hours testing that theory and it seems to be true, extrapolating results.

    Unless you are referring to the Martingale method, or the James Bond one, (which l kinda liked and got some wins from).

    but most likely you are referring to him using a computer in his pocket predicting the best time to bet, according to the ball being spun, etc. Which l believe has been stamped out?

    Signature
    Archimedes Forum, Sign up l won't bite
    {{ DiscussionBoard.errors[11722607].message }}
    • Profile picture of the author Artkantos
      Originally Posted by tagiscom View Post

      Ramdomness creates patterns, and some patterns even though incredibly rare happen.

      It is possible to have 13 Reds or Blacks coming up, which if you keep reinvesting can lead to massive profits, but these events are rare.

      Even 10 in a row is fairly rare, and you can blow a lot of time and money trying to find a streak of that kind, or as Claude keeps saying the house wins, (translated they have a team of mathematicians and super computers crunching all of the numbers so they win).



      No doubt you are referring to staying at the Roulette table for 24 hours which gives you a virtually guaranteed probably of breaking even. And capitalizing on that.

      I stayed at a Roulette table for about 6 hours testing that theory and it seems to be true, extrapolating results.

      Unless you are referring to the Martingale method, or the James Bond one, (which l kinda liked and got some wins from).

      but most likely you are referring to him using a computer in his pocket predicting the best time to bet, according to the ball being spun, etc. Which l believe has been stamped out?
      None of that haha!
      Check Pelayo's story in the 90's, there is even a movie made on this topic, it basically exploits the physical micro-imperfections of the roulette...Very brainy stuff haha
      {{ DiscussionBoard.errors[11722620].message }}
    • Profile picture of the author Claude Whitacre
      Originally Posted by tagiscom View Post

      Ramdomness creates patterns, and some patterns even though incredibly rare happen.
      No. .........No.

      Originally Posted by tagiscom View Post

      Even 10 in a row is fairly rare, and you can blow a lot of time and money trying to find a streak of that kind, or as Claude keeps saying the house wins, (translated they have a team of mathematicians and super computers crunching all of the numbers so they win).
      No. No computers or number crunching needed. There are no patterns, no streaks. Every result is completely independent from every result that came before it.

      The house wins because the odds are always in the house's favor.


      Originally Posted by tagiscom View Post

      No doubt you are referring to staying at the Roulette table for 24 hours which gives you a virtually guaranteed probably of breaking even. And capitalizing on that.
      No. that would be true if there were no white slots. There are two. And if you bet on black, and you hit red or white, you lose. The house advantage is 5.26%....on every spin, no matter what numbers came before...no matter what "system" you use. No matter what you bet on.

      Another way of looking at it is that is that, on average, the casino takes 5% of your money every time you spin the wheel...or play the slots.

      I don't want to sound mean, but casinos pray for people that think they have it figured out. They love people with systems.
      Signature
      One Call Closing book https://www.amazon.com/One-Call-Clos...=1527788418&sr

      What if they're not stars? What if they are holes poked in the top of a container so we can breath?
      {{ DiscussionBoard.errors[11722625].message }}
      • Profile picture of the author Artkantos
        Originally Posted by Claude Whitacre View Post


        I don't want to sound mean, but casinos pray for people that think they have it figured out. They love people with systems.
        100%, the Roulette is impossible to beat with systems! Some mechanical roulettes have a small bias due to certain physical micro-imperfections...That's why Los Pelayos were able to win consistently for more than 1 year, exploiting that..Otherwise? Impossible
        {{ DiscussionBoard.errors[11722688].message }}
  • Profile picture of the author Kay King
    I stayed at a Roulette table for about 6 hours testing that theory and it seems to be true, extrapolating results.

    I worked in the casino industry for 18 years....



    horsefeathers.
    Signature
    Saving one dog will not change the world - but the world changes forever for that one dog
    ***
    Live life like someone left the gate open
    {{ DiscussionBoard.errors[11722616].message }}
  • Profile picture of the author Frank Donovan
    I knew someone who ran casinos in the UK in the 1980s. He would tell stories of how he employed top international chefs and a fleet of flunkies 24 hours a day to cater to the whims of a few notorious high rollers. Just the occasional, but regular, visits of these players were enough to justify maintaining the services. No doubt they'd say the thrill of gambling was the attraction. But people will always be happy to give you their money if you make them feel important.

    Personally, I've never seen the attraction of casinos. I haven't been to Vegas, but I once visited Monte Carlo and found it ... underwhelming.
    Signature


    {{ DiscussionBoard.errors[11722635].message }}
  • Profile picture of the author lanfear63
    The Las Vegas Strip just got completely flooded out by heavy rain two days ago. This is the second flood this year (in 2 weeks) and the worst. Take a look at the vid.

    https://youtu.be/yCwJ3wF3Z0Q
    Signature

    Feel The Power Of The Mark Side

    {{ DiscussionBoard.errors[11722639].message }}
    • Profile picture of the author Claude Whitacre
      Originally Posted by lanfear63 View Post

      The Las Vegas Strip just got completely flooded out by heavy rain two days ago. This is the second flood this year (in 2 weeks) and the worst. Take a look at the vid.

      https://youtu.be/yCwJ3wF3Z0Q
      You would think someone could have predicted this.
      Signature
      One Call Closing book https://www.amazon.com/One-Call-Clos...=1527788418&sr

      What if they're not stars? What if they are holes poked in the top of a container so we can breath?
      {{ DiscussionBoard.errors[11722641].message }}
      • Profile picture of the author savidge4
        Originally Posted by Claude Whitacre View Post

        You would think someone could have predicted this.
        As much as I understand this was a joke... I laughed... having lived in Vegas for a few years and experiencing the 1999 flood. Out in the middle of nowhere ( nowhere being relative to 1999 - they are built around now ) there were / are berms / dams where the mass of water was predicted to flow.

        After the 99 flood there was much talk about how the consideration of the placement of these structures did not consider the roadways, that happened to turn into rivers for the water to flow down hill toward the Las Vegas strip. If you look at a topographical of the Valley you will see the fault line that runs along the western back side of the Vegas strip is the lowest elevation coming from the mountains ( to the west )
        Signature
        Success is an ACT not an idea
        {{ DiscussionBoard.errors[11722646].message }}
    • Profile picture of the author Dan Riffle
      Originally Posted by lanfear63 View Post

      The Las Vegas Strip just got completely flooded out by heavy rain two days ago. This is the second flood this year (in 2 weeks) and the worst. Take a look at the vid.

      https://youtu.be/yCwJ3wF3Z0Q
      Was it a flush flood?
      Signature

      Raising a child is akin to knowing you're getting fired in 18 years and having to train your replacement without actively sabotaging them.

      {{ DiscussionBoard.errors[11722642].message }}
      • Profile picture of the author Claude Whitacre
        Originally Posted by Dan Riffle View Post

        Was it a flush flood?
        That joke is proof that you are the child of Mark...mating with another Mark from a different reality.
        Signature
        One Call Closing book https://www.amazon.com/One-Call-Clos...=1527788418&sr

        What if they're not stars? What if they are holes poked in the top of a container so we can breath?
        {{ DiscussionBoard.errors[11722643].message }}
        • Profile picture of the author Dan Riffle
          Originally Posted by Claude Whitacre View Post

          That joke is proof that you are the child of Mark...mating with another Mark from a different reality.

          I have to throw him a bone every now and again.
          Signature

          Raising a child is akin to knowing you're getting fired in 18 years and having to train your replacement without actively sabotaging them.

          {{ DiscussionBoard.errors[11722654].message }}
      • Profile picture of the author lanfear63
        Originally Posted by Dan Riffle View Post

        Was it a flush flood?
        Well, it was raining Craps & Dogs with Streak Lightning.
        Signature

        Feel The Power Of The Mark Side

        {{ DiscussionBoard.errors[11722647].message }}
    • Profile picture of the author Odahh
      Originally Posted by lanfear63 View Post

      The Las Vegas Strip just got completely flooded out by heavy rain two days ago. This is the second flood this year (in 2 weeks) and the worst. Take a look at the vid.

      https://youtu.be/yCwJ3wF3Z0Q
      Thankfully those storms happened pretty late at night so I was in be in air conditioning listening to the rain on the roof.

      The storm two weeks ago created a mess in the streets. Unfortunately all that water does nothing to help the drought going on as it does not soak in .

      Anyway the casinos make most of their money from slot machines and slot machines are basically video games with lot's of entertainment. Lots of flashing lights and exciting sounds with a score that goes up and down.

      I haven't gambled at all sense I came back to Vegas when I would gamble or play slots in the past the free drink or ordering the drink always seemed to come before a losing stretch where I probably would have stepped away from the machine if I wasn't waiting for the drink.

      But I was at the machines for entertainment anyway .
      {{ DiscussionBoard.errors[11722735].message }}
  • Profile picture of the author tagiscom
    Originally Posted by Claude Whitacre View Post

    No. .........No.

    No. No computers or number crunching needed. There are no patterns, no streaks. Every result is completely independent from every result that came before it.

    The house wins because the odds are always in the house's favor.
    Yes,....Yes, (l know Mark leave it alone) l was referring to the mathematicians and later on Supercomputers in creating Games of chance or making sure the house always wins.

    And sure it is all independently random, but it still forms patterns, and some patterns are extremely rare but they do happen.

    https://en.wikipedia.org/wiki/Martin...betting_system)

    This was the longest recorded winning streak, ever recorded.

    Charles Wells was a small-time crook and an overall shady person who enjoyed gambling. One night in 1891, he went to the world-famous Monte Carlo Casino Resort and started playing roulette. He had the winning streak of a lifetime - sources claim that he won 23 out of 30 consecutive spins.
    No. that would be true if there were no white slots. There are two. And if you bet on black, and you hit red or white, you lose. The house advantage is 5.26%....on every spin, no matter what numbers came before...no matter what "system" you use. No matter what you bet on.

    Another way of looking at it is that is that, on average, the casino takes 5% of your money every time you spin the wheel...or play the slots.

    I don't want to sound mean, but casinos pray for people that think they have it figured out. They love people with systems.
    Signature
    Archimedes Forum, Sign up l won't bite
    {{ DiscussionBoard.errors[11722660].message }}
    • Profile picture of the author Claude Whitacre
      Originally Posted by tagiscom View Post

      And sure it is all independently random, but it still forms patterns, and some patterns are extremely rare but they do happen.
      Patterns always depend on the previous events. They are predictable and duplicatable. Gaming in roulette, blackjack, slots, or the lottery have no patterns. Any pattern you see is an illusion. Our brains create patterns after we see what happened before. But they aren't predictable and cannot be reproduced.

      Can you flip a coin and it lands on heads 10 times in a row? Yes. But that isn't a pattern. Every new flip has a 50/50 chance of being heads. It is not predictable at all.
      Signature
      One Call Closing book https://www.amazon.com/One-Call-Clos...=1527788418&sr

      What if they're not stars? What if they are holes poked in the top of a container so we can breath?
      {{ DiscussionBoard.errors[11722716].message }}
      • Profile picture of the author lanfear63
        Originally Posted by Claude Whitacre View Post

        Patterns always depend on the previous events. They are predictable and duplicatable. Gaming in roulette, blackjack, slots, or the lottery have no patterns. Any pattern you see is an illusion. Our brains create patterns after we see what happened before. But they aren't predictable and cannot be reproduced.

        Can you flip a coin and it lands on heads 10 times in a row? Yes. But that isn't a pattern. Every new flip has a 50/50 chance of being heads. It is not predictable at all.
        You can say all that but it does not alter the fact that when betting on them, I see a flurry of wins followed by a time of dormancy. It's like they go to sleep for a while after paying out. Also, many, many times, a single bet, or what players call a backup spin, after a big win often pays out for some reason, but, its just a small amount by comparison.

        It's about the algorithms programmed in. Some slots give you consistent wins throughout your play but don't pay as much as your bet, others are tight up to the point when you get a large win. It seems their required by law payback routines are programmed differently.

        On some occasions, a bonus round that yields a reasonable win will be followed by another bonus round within a few plays, but the second yields far less than the first.

        This has nothing to do with mistakenly looking for patterns, they are clearly apparent if you play for a while. Something you have not done for 20 years. Machines have changed. They still eventually take your money over your play time if you don't stop when being ahead, of course. But, you can quickly identify which machines will take your money more slowly as opposed to the occasional big winners with nothing much in between.

        Also a tip on denominations of betting. If a machine lets you change the base denomination between say one cent or five cents, or more, the wins listed on the mini, minor, or major jackpots etc, will increase the more your base bet is. So, you can still bet the same amount using multiples of a higher denomination but if you get any of the jackpots, they will be more. Also, changing to 5 cents over 1 cent plays means higher payouts for line hits, even if you are betting the same amount or close to it.

        In some of his other video's, the guy I posted a vid on giving tips, was able to accurately predict if he would get a 3 symbol free play bonus round. on one machine he played on, purely by the other symbols that came before it. (multi line) And, also if he was going to get a line of coin symbols with dollar amounts on them or not, come up.
        Signature

        Feel The Power Of The Mark Side

        {{ DiscussionBoard.errors[11722736].message }}
  • Profile picture of the author Kay King
    And sure it is all independently random, but it still forms patterns, and some patterns are extremely rare but they do happen.

    In probability, two events are independent if the incidence of one event does not affect the probability of the other event.

    If an event is 'extremely rare' and the supposed 'pattern' is seen only in hindsight....there is no pattern, only history of the event.
    Signature
    Saving one dog will not change the world - but the world changes forever for that one dog
    ***
    Live life like someone left the gate open
    {{ DiscussionBoard.errors[11722684].message }}

Trending Topics