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From: paulsy@dell.net (paulsy)
Newsgroups: alt.gambling
Subject: You should NOT play online casinos and slot machines.
Date: Sun, 30 Nov 2003 02:01:55 GMT
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As soon as they get you into the losing position and that aint
difficult, they can 'play you for the fool you are' and take all the
money you care to give them and still maintain the percentages they
claim to return to the player.
The secret is that the don't have to return to the player in any huge
amount but merely need to drip feed the money the gambler has aready
lost back to the player without actually giving the player much gain -
if any at all. Of course most players just re-bet the money they get
back and lose another 5% of that money and eventually they re-bet it
so many times (losing 5% everytime their money is turned over)
expecting to strike the big one but merely continuing to lose - almost
recover - lose - recover a little less - lose - recover a litte bit
less than the last recovery.
This is how you lose your money on a 95% payback machine.
Start with 200 and get back 190 (95% of 200)
Play the 190 and get back 181 (95% of 190)
etc...........
Turn your original bet over 15 times and you have lost half your money
- yep, losing as as easy as that.
1. 200
2. 190
3. 181
4. 171
5. 163
6. 155
7. 147
8. 140
9. 133
10. 126
11. 120
12. 114
13. 108
14. 103
15. 98
Have you noticed how your online slot wins rarely get anywhere near as
high as your losses?
ie. it seems as easy to lose $500 as it is to win $200.
You might also notice that more often than not you will lose before
you win. Just remember you are at the mercy of crooked software and a
turnaround is not guaranteed. If you almost get your money back - RUN
- that is probably as good as it gets.
Still want to play online? Don't say you haven't been warned?
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