Blackjack and Card Counting Forums - BlackjackInfo.com


Go Back   Blackjack and Card Counting Forums - BlackjackInfo.com > Online Casinos > Problem Casinos

 
 
Thread Tools Display Modes
  #11  
Old April 6th, 2011, 06:40 PM
aslan's Avatar
aslan aslan is offline
Executive Member
 
Join Date: Mar 2007
Location: Las Vegas, NV
Posts: 8,683
Default

Quote:
Originally Posted by FLASH1296 View Post

The Evil Empire hands out a brochure with fairly accurate House
Advantages listed; although I have not seen same in quite a while.
They used to have a stack of them at the so-called Credit Office.

Actually, it would have no effect on revenue generatino.

Ploppies will buy BJ insurance, buy KENO tickets, play the Big Wheel,
bet on the TIE at baccarat, and place "hop bets" at the Craps Table,
and play roulette.

Have you ever tried to tell someone what the vigorish is on a lottery ticket ?

The "utility function" is the deciding factor with lottery tickets
and other bets with low returns & high payouts. not the House Advantage.
Interesting. You may be right. I thought if they were more of a requirement, then people might compare before they decided where to play. The casinos DO go to a great deal of effort to claim that they have the "loosest slots" in town. Maybe that's a typo and they meant the easiest women frequent their establishments.
  #12  
Old April 7th, 2011, 12:59 AM
shadroch shadroch is offline
Executive Member
 
Join Date: May 2006
Location: NYC
Posts: 6,696
Default

Quote:
Originally Posted by aslan View Post
Good point, but people who are for smaller government still support a modicum of regulation-- the Sherman-Anti-Trust legislation and the reduction of stock purchase leveraging from 90% to 50% are examples (I think). But you're right, the small government people would say, scrap the Departments of Energy, Education, and HHS, the Federal Reserve, as well as, major portions of Agriculture, FCC, and Treasury, for starters.

So you would do away with those Departments, but add a new Department
dedicated to the regulation of casinos.
  #13  
Old April 7th, 2011, 06:29 AM
aslan's Avatar
aslan aslan is offline
Executive Member
 
Join Date: Mar 2007
Location: Las Vegas, NV
Posts: 8,683
Default

Quote:
Originally Posted by shadroch View Post
So you would do away with those Departments, but add a new Department
dedicated to the regulation of casinos.
Naw, we'll let each state where casinos exist take on this responsibility. But I like your enthusiasm for reducing Federal government.

Last edited by aslan; April 7th, 2011 at 06:38 AM.
  #14  
Old April 21st, 2011, 04:00 AM
Tree Tree is offline
Senior Member
 
Join Date: Apr 2011
Posts: 114
Default

Quote:
Originally Posted by aslan View Post
The casinos DO go to a great deal of effort to claim that they have the "loosest slots" in town. Maybe that's a typo and they meant the easiest women frequent their establishments.
This gets a cookie. Heh.
  #15  
Old April 27th, 2011, 10:27 PM
alwayssplitaces alwayssplitaces is offline
Executive Member
 
Join Date: Dec 2010
Posts: 567
Default

The lottery has a 50% house edge, yet people play it daily. I have only bought a handful of lottery tickets in my life. I treat it as paying a dollar to dream all day when the jackpot is sky high. And it is +EV to buy a lottery ticket when the jackpot is very high since the expected return is higher than a dollar.
  #16  
Old April 27th, 2011, 11:11 PM
Friendo's Avatar
Friendo Friendo is offline
Senior Member
 
Join Date: Mar 2011
Posts: 330
Default Refusal to respect mathematics

The neverending progression of progression bettors at this site is testament to the obstinate refusal of humans to absorb certain realities. As with food labelling, people simply will not read the information.

I would support more public availability of slot machine odds.

I have no idea why people will play games at which they cannot compute the EV, negative though it may be.

The beautiful thing about craps and roulette is that you are free to grab a pencil and figure out just how much you're paying for the privilege of gambling.
  #17  
Old April 28th, 2011, 01:50 AM
zengrifter's Avatar
zengrifter zengrifter is offline
Executive Member
 
Join Date: Nov 2005
Location: SoCal
Posts: 10,532
Default

Quote:
Originally Posted by aslan View Post
Am I off the wall in my proposal?
Yes.
Capitalist conservatives like you n me call for LESS regulation, not more. zg
  #18  
Old April 28th, 2011, 06:01 AM
aslan's Avatar
aslan aslan is offline
Executive Member
 
Join Date: Mar 2007
Location: Las Vegas, NV
Posts: 8,683
Default

Quote:
Originally Posted by zengrifter View Post
Yes.
Capitalist conservatives like you n me call for LESS regulation, not more. zg
Now here's one for the books: just maybe, you're more conservative than me! AZ
 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -6. The time now is 12:19 AM.


Forum Software vBulletin®
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright 2005-2011 Bayview Strategies LLC