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re: Would you rather $5000 cash or 10,000 spins on a $1 slot machine?
Posted on 8/17/22 at 3:43 pm to Bestbank Tiger
Posted on 8/17/22 at 3:43 pm to Bestbank Tiger
quote:
But you have to sit at the slot machine and keep hitting the spin button.
Unless you hit a big jackpot early, your time has value. So I'll take the cash and be done with it.
Let's say the average spin is 5 seconds. 10,000 spins would take just under 14 hours. Even if you only win back 60% of your initial $10k, that's an extra $1k over the cash option. That's $72 an hour on the very low end. 99% of people here don't make that. And most slot machines in that range average 95-99% payout, so realistically you're looking at at least triple that hourly figure.
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