GAMBLING: Hot and cold slots?

> Hot and cold slots?

No, it’s that human perception thing getting in the way of reality. imho! Like the folks who say the face of the devil in the WTC 9/11 smoke. Humans are wired to perceive that saber tooth in the saw grass. So we see them everywhere. BUT, there’s always a big BUTT, in a random string, there are “sequences: heads, tails, heads, heads, tails. SO you can get a sequence of “winners” of unknown length. Like the gal who held the dice for four and half hours at the Borgata. I think the trick is to have a strategy that allows you to “ride the wave” and not lose your shirt when it collapses.

Most profitable string I ever had was in Vegas when they introduced the “loyalty coupons” on the dollar machines. the predecessor of the Players Club cards. When you played the dollar machines, it would count down to zero from 20 and spit out a coupon. Coupon could be redeemed for junk. My theory was that a player would not leave a machine with a low count on the coupon device unless they went broke. Thus the machine was more likely to hit than not. Remember my theory of sequences. So it had been “lose, lose, lose, lose, … lose, lose”. Time for a “win”? At each conference session at the Riveara, I run out get two rolls of dollars and play. Several times I’d have to call the old lady down to wait for a hand pay. We hit so many; she was coming down on the conferences scheduled breaks. Sigh! Made a few thousand and got all sorts of junk for kids. Scheduled another trip back about a month later, but they had changed the system. Argh!

Remember the guy who figured out that the new Niagara Falls casino was unplugging the keno machine at night and it was calling the same numbers every day.

You have to READ the tea leaves and find the blunders. Like the poker strategy, black jack strategy.

imho

# # # # #

Please leave a Reply