Here is the tweet: https://mobile.twitter.com/APChamele...38840272670724
Here is the tweet: https://mobile.twitter.com/APChamele...38840272670724
It’s the one with the Bingo Card. Image someone found a VP game with a 105% payback and starts patting his own back thinking he smarter than the rest of us. The truth is that someone doesn’t understand how Class II gaming machines work.Quote:
Originally Posted by Ex-AP
The simplest way to explain a Class II gaming machine is to compare it to a pull-tab. Yes, people do win money via pull-tabs and bingo, etc.
I was talking to a hustler and he was telling me how he made $2,000 the other day. I told him I wasn’t there so I didn’t see it (notice I did not call him a liar). You see the photos of big wins; you don’t see the losing bets. And when you see a Bingo Card, you have to ask why is that hustler playing a Class II device?
You have to ask yourself how is it any different if that hustler put up a photo of a Scratcher with a $320 prize.
As a point of reference, Scratchers in CA generally have an EV of $0.50 (per dollar wagered).