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Old 10-30-2016, 11:49 PM
 
17,616 posts, read 15,305,962 times
Reputation: 22966
Quote:
Originally Posted by Ruth4Truth View Post
Resorts World Casino (I looked it up) is a Malaysian company operating a casino in NYC. How is that? Since when is gambling allowed on state or city land in NY? (I said "state", not "federal"). Did NYC vote to allow casino gambling in the city at some point? Does it fancy itself another Atlantic City? Just wondering.
They partner with an Indian tribe to run the casino on their land.

The casino on Cherokee land is run by Harrahs..


There should be an independent state run organization that has to inspect machines for malfunction. That seems the simplest way.

While I feel bad for this woman.. She's not entitled to $43 million.

But, it also just breeds conspiracy theories when the casino is the one doing the investigation.

Just like when the cops investigate themselves. Having outside oversight proves to the non-nutsy-fagan folks that things are being done on the up-and-up.

Some people just won't accept anything from anyone that doesn't fit their world view.. Whatcha gonna do?
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Old 10-31-2016, 07:44 AM
 
Location: Log "cabin" west of Bangor
7,057 posts, read 9,091,942 times
Reputation: 15634
Quote:
Originally Posted by Javacoffee View Post
OMG, are you kidding? Of course they cheat. Do you really think you have a chance of winning big on a slot machine or anywhere else in a casino? They are rigged to make the casino money.

Counting Cards is a skill that few people can master. Casinos call it cheating, and when the card counter starts winning, the casino throws him out and bars him from returning.

Casino owners are little more than flashy, legalized scammers who constantly yell foul (or "malfunction!") when someone wins.

What surprises me is that you don't know that.
Casinos don't need to cheat. Every 'game' is in their favor already.

"Card counting" works well when the casino deals with a single deck of cards. However, after John Scarne's proposal in 1961 that casinos move to using multi-deck shoes to deal cards, most casinos have done so. As of the 1980s, only a few small casinos off the Vegas 'strip' still dealt from a single deck.

Most casinos now deal from a shoe that holds either six or eight decks of cards that are machine-shuffled. A 'stop' is placed somewhere between the 1/2 and 3/4 position in the shoe, and when the stop is reached the shoe is removed from the table and replaced with a new one.

Despite the publicity of some stories and movies, the strategy of using a multi-deck shoe has rendered card-counting to be of little value, increasing a player's 'edge' by only about 1%. In order to capitalize on this a player would need a massive amount of money and would have to play over a very long period of time. Even if you could find a dealer dealing 50 hands per hour, this would result in a net advantage to the player of about $50/hr. This small increase in advantage to the player does not eliminate the overall 'house' advantage, it only mitigates it somewhat. Most people with the skill, knowledge and capital to take advantage of this would find a much better return on investment in business outside of a casino.

Furthermore, capitalizing on this increase in the player's edge would require counters at every table, and the player moving from table to table to take advantage of any table that appeared to be 'hot'. A savvy player can do this without the need to employ a big team of counters spread through the casino, which would require a great deal of organization and communications abilities...and a 'cut' of the 'take', which basically makes it worthless except as a theoretical challenge.

The only people making money from card-counting strategies, are the people who sell card-counting strategies to people who are stupid enough to believe that they can win with a card-counting strategy...and the companies who make software and systems (to sell to casinos) that are supposed to be able to detect card-counters (using bar-coded cards with scanners in the shoes and RFID-enabled chips to detect variations in betting strategy)- although at least one casino has abandoned this, as technological issues and cost of deployment/maintenance make it cost more than it is worth.

What doesn't surprise me, it that despite being apparently ignorant of this, some people choose to go running off at the mouth (fingers) about it anyway.

(Interesting aside: In at least one state the court has ruled that a casino may not 'ban' a player for counting cards.)

------------------------------------

In the long run, the 'house' always wins, there is no need to 'cheat'. The odds of every game are designed to be in their favor. Slot machines represent just about the worst odds in the house, designed to attract people who are largely ignorant and have little knowledge of gambling by means of noise and 'glitz'.

Some of the *best* odds in the house are at the Craps table, betting the Pass/Don't Pass line, with the edge running to 'Don't Pass' because you are essentially taking the house's side and capitalizing on their 'edge'...and never, ever touch the dice. A savvy player can make money here, or, at least, lose a lot less.

If you want to get the best knowledge possible, read John Scarne's books, especially "Scarne's Guide To Casino Gambling" and "Scarne On Dice".
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Old 10-31-2016, 08:25 AM
 
23,177 posts, read 12,245,474 times
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Malfunction. I wonder how many "malfunctions" are in favor of the casino and they still keep your money? I wonder what your odds of success are if you drop a couple hundred dollars in a slot machine and then ask for it back because the machine "malfunctioned"?
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Old 10-31-2016, 08:38 AM
 
Location: Buckeye, AZ
38,936 posts, read 23,931,188 times
Reputation: 14125
Quote:
Originally Posted by oceangaia View Post
Malfunction. I wonder how many "malfunctions" are in favor of the casino and they still keep your money? I wonder what your odds of success are if you drop a couple hundred dollars in a slot machine and then ask for it back because the machine "malfunctioned"?
This is somewhat common, typically with Indian casinos for whatever reason. It could be they buy the cheaper shots slots or something.

The few times I went to the casinos I stuck to video poker, blackjack, craps a few kitschy slots like Richard Petty, Cops and Donuts, Creature from the Black Lagoon, The Munsters and NASCAR.
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Old 10-31-2016, 08:54 AM
 
Location: Saint John, IN
11,582 posts, read 6,747,418 times
Reputation: 14786
This woman knew she didn't win $43 million! The machine only pays out up to $6500, so why would she even think she could get more? Not to mention her payout was only $2.25. I have never even seen jackpots as high as $43 million except for in Vegas and that's even rare. She knew the machine was wrong and was just trying to scam.
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Old 10-31-2016, 09:38 AM
 
Location: City Data Land
17,155 posts, read 12,979,743 times
Reputation: 33185
Quote:
Originally Posted by freemkt View Post
Define malfunction.
Define an honest casino. They remind me of Sam's, Costco, and Fry's: they have surveillance cameras everywhere, "loss prevention specialists" to spy on the customers, and employees to check customer receipts, but the thieves they really should be monitoring closely are the employees and company themselves.
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Old 10-31-2016, 09:48 AM
 
Location: Columbia SC
14,255 posts, read 14,770,499 times
Reputation: 22199
Quote:
Originally Posted by Javacoffee View Post
How does a $6500 machine "malfunction" by putting a 43 million win on the screen, yet people think the casino isn't responsible? Could the race of the winner have anything to do with that?

Casinos cheat people. This is why they have so much money. You are welcome to keep gambling in their casino as long as you don't start winning big money. The casinos permit patrons to win some, just enough to keep them coming back for more.

We hear these excuses all the time from the casino. "Malfunction" they say. I say "Bull@#$%!" Pay the lady something besides a stinking steak dinner.
Casinos do not cheat. The odds are good enough in their favor that they do not have to cheat to make money.
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Old 10-31-2016, 09:50 AM
 
Location: Columbia SC
14,255 posts, read 14,770,499 times
Reputation: 22199
Dos not a slot machine tell you right on the front, what the maximum payment is? If so, no matter what comes up on the screen, the payout is as listed.
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Old 10-31-2016, 09:56 AM
 
Location: Buckeye, AZ
38,936 posts, read 23,931,188 times
Reputation: 14125
Quote:
Originally Posted by CGab View Post
This woman knew she didn't win $43 million! The machine only pays out up to $6500, so why would she even think she could get more? Not to mention her payout was only $2.25. I have never even seen jackpots as high as $43 million except for in Vegas and that's even rare. She knew the machine was wrong and was just trying to scam.
The $2.25 wasn't a pay out but her initial bet. This has been covered several times in this thread. Still a steak dinner and $2.25 is a little too small. Give her at the least the max payout.

Quote:
Originally Posted by johngolf View Post
Dos not a slot machine tell you right on the front, what the maximum payment is? If so, no matter what comes up on the screen, the payout is as listed.
Traditional slots yes. Video poker, yes. Newer video slots I think so but i am not quite sure.
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Old 10-31-2016, 10:09 AM
 
Location: Saint John, IN
11,582 posts, read 6,747,418 times
Reputation: 14786
Quote:
Originally Posted by mkpunk View Post
The $2.25 wasn't a pay out but her initial bet. This has been covered several times in this thread. Still a steak dinner and $2.25 is a little too small. Give her at the least the max payout.



Traditional slots yes. Video poker, yes. Newer video slots I think so but i am not quite sure.


Did you read the article?? THE ARTICLE STATES "She was only entitled to her winnings of $2.25". That's what she won! She's not entitled to a cent more! The malfunction was the machine telling her she won $43 mil. Any idiot can tell if you actually won on a slot machine or not. It's not rocket science. She saw an opportunity and tried to get paid out.

Last edited by CGab; 10-31-2016 at 10:10 AM.. Reason: add info
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