Video poker machines are a con

9 September, 2008 (03:39) | Uncategorized

Just look at video poker machines lined up at the entrance to any casino, or lurking in the corner of social clubs where the local gambling ordinances permit them. They are there to take the hard-earned dollars from suckers. Keep hearing them complain they’re not winning enough. Keep seeing them coming back to the machines. There is nothing you can say about these people but one thing. They have worked out the one important feature of the machines. The House has an edge. No matter where you go in the casino world, whether its to some swanky place or online, the paytables are set in a way that gives the House a mathematical advantage. There will be times when players have a hot streak and it will seem like all the jackpots are falling. These streaks are so cold now. That’s just the way statistics work their way to the one mathematical certainty. The House will win in the end. So let’s put those sore losers right. There’s no need for the House to rig the machines. The casino operators are going to win in the long term without having to cheat. There’s no way they will spoil a sure thing by risking detection as a fraud by regulators.

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