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re: Man loses his hard earned money at the casino and loses it

Posted on 6/27/23 at 10:35 pm to
Posted by BabyTac
Austin, TX
Member since Jun 2008
12423 posts
Posted on 6/27/23 at 10:35 pm to
Most people are looking for life changing money, but they aren’t willing to bet life changing money. They lose 100% of the time.
Posted by FLTech
the A
Member since Sep 2017
13309 posts
Posted on 6/27/23 at 10:43 pm to
I ALWAYS lost playing on scared money. ALWAYS.
Posted by AwgustaDawg
CSRA
Member since Jan 2023
7478 posts
Posted on 6/28/23 at 8:03 am to
quote:

Most people are looking for life changing money, but they aren’t willing to bet life changing money. They lose 100% of the time.



I read years ago that Harrah's Cherokee, about as shitty a casino as I ever set foot in (used to only be machines, may have some tables now) made about $80 on every pair of shoes that strolled through the door. Just in gambling. $80. Diverting tour buses of retirees through Cherokee is a good business model LOL.

Lots of casinos promote their slots as paying "97%" or some similar number...and people absolutely fail to realize that means for every dollar they put in the thing the best they can do is get .97 cents. Play long enough and you're going to leave more money in the place than you took in. Even skill players will eventually lose a little...because the casinos ain't in the business of losing money.

Harrahs New Orleans broke me of the habit...I used to regularly grind at black jack tables in AC and Tunica...usually could make enough to justify it...but I lost a little in New Orleans one night and simply decided it wasnt my cup of tea...
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