Better reurns can make for bigger losses
“Try to decide how good your hand is at a given moment. Nothing else matters. Nothing!”
Dear Mark: If a larger denomination slot machine returns more, then how come when I play at a higher limit, like dollars versus quarters, I end up losing more money? Beth S. Even though the house edge is lower … via RGT Online
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Gambling casinos history:
- The MGM Grand, situated on the a Las Vegas strip has come up with a brand new slogan to promote the casino, "Think of all the New Year's resolutions you'll break." Some say it might even rival the famous Las Vegas catchphrase, "What happens here, stays here."
- In Paris, legislation prohibiting playing cards was passed in 1377, and in Italy, playing cards and dice were burned.
- The current wave of legal lotteries started in New Hampshire, spread to other North-Eastern states, and then across the nation.
- People earning $10,000 per year gamble more than twice as much money as people earning $30-40,000 per year. People earning $10,000 per year gamble four times as much money as those making $80,000 or more per year.
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