Big Casino Wins and Jackpots

[slingshot]

You can't debunk win goals and loss limits with words OR math.

[coach belly]

If we're betting, I think a series of intelligence tests should be added to the mix. Fair enough?

What series of intelligence tests do you mean?

Is there an intelligence test that can't be solved beforehand, or where one's performance can be affected by the actions of an opponent?

[coach belly]

So coach, you're in my age bracket?

I don't know.

You claim to be a high profile sports bettor and sports writer, but there doesn't seem to be any trace of your betting or writing on the web,
certainly no link that you've ever been willing to provide.

I googled Robert Earl Dietz and there was a connection to Baltimore, but you say that's not you.

http://www.legacy.com/obituaries/bal...ory&pid=379922

You've been accused of appropriating someone else's identity, so your age claim is suspect,
and you'll need to provide proof of age to be sure.

Don't worry ditz, if you're intimidated by my age when we meet you can withdraw from the wager without penalty.

Or we could add some "old man" sports into the Olympic mix...billiards, darts, bowling, cornhole, horseshoes, bocci, pickleball, etc.

We could also include a gaming element...maybe a heads-up game of NLH, or backgammon, or a sports betting contest...where age shouldn't matter.

[regnis]

Shuffle board anyone?

[redietz]

In the Superstars, I ran the 100, 440, mile, 5-mile cross country run, 120 low hurdles, basketball shooting, long jump, and bowling in a day. At 59, I could not do the cross country run the same day as everything else. As Clint Eastwood says, a man's got to know his limitations.

[redietz]

You can't debunk win goals and loss limits with words OR math.

Then it's just a belief, sling. If you have no way of disproving something, then it falls in the realm of religion and faith.

[slingshot]

Then it's just a belief, sling. If you have no way of disproving something, then it falls in the realm of religion and faith.

To me, it falls in the realm of common sense.

[Alan Mendelson]

To me, it falls in the realm of common sense.

Of course it's common sense. Thank you!!!

[jbjb]

Then why doesn't the casino use them against you?

Tell me exactly why your 8/5 BP machine (the advantage player in this instance) doesn't quit against you when it wins or looses a certain amount against you? Answer. Because it makes no sense to quit!

[Alan Mendelson]

Because the machine by law is not allowed to turn itself off when losing. Are you really this argumentative or just a troll?

[jbjb]

The casino could remove it if they wanted so your explanation holds no water. And if anyone is the troll, it's you! No idea how you succeed betting a journalist.

[redietz]

Yeah, Alan, I'd table the "troll" accusations. Technically, if he's right and you're wrong....

I mean, obviously, the machine could be programmed to turn itself off if it's losing.

Jbjb, that is actually a very sharp, cogent response. It's obvious, but nobody on here has used it before. I sure as hell didn't think of it. That response really can't be argued against.

[jbjb]

Red, it's not about right or wrong. It's about telling the truth. That said, there is nothing wrong with using goals or limits. They just won't help you get the desired result. Having a $2000 win goal won't help me get that $2000. But if you get there and wish to stop for the time being, go for it.

And honestly, I don't think Alan is a troll but he sure makes some asinine remarks sometimes.

P.S. should be "being" and not "betting" in that post.

[coach belly]

Tell me exactly why your 8/5 BP machine doesn't quit against you when it wins or looses a certain amount against you?

The casino could remove it if they wanted so your explanation holds no water.

What are you talking about here?...a casino removing a machine mid-play on a player who is winning or losing a certain amount?

[regnis]

Maybe one of the geniuses here can write code to do that coach. If you get on a hot streak the machine vanishes.

[Alan Mendelson]

I mean, obviously, the machine could be programmed to turn itself off if it's losing.

Yeah... I can envision the Nevada Gaming Commission approving this. I am sure it will be in the new 2017 regulations.

Sometimes you geniuses are just too smart.

[RS__]

Better to be smart & sarcastic than dumb but think you're smart.

[redietz]

It's a great philosophical flip in perspective, and a great question.

If loss limits and win goals work, why don't the machines just employ the same techniques to maximize profits?

Based on what Alan and Rob recommend, one could just flip the perspective. If people can allegedly beat negative expectation machines employing win goals and loss limits, what prevents casinos from offering positive expectation games (thereby putting them in the shoes of people playing negative expectation games) and themselves employ win goals and loss limits to win money from consumers? Casinos could advertise 102% return, but because the machines are programmed to employ win goals/loss limits, they should be able to win.

Now what's the counter-argument? I don't see one. The machines can't be programmed to do this? Of course they can. They aren't allowed, by regulation, to shut down when they want? Of course they are allowed. The casinos don't want to maximize profits? Nobody's going to buy that one.

You are going to tell me, if win goals and loss limits worked, one casino somewhere wouldn't offer one bank of 102% machines employing win goal/loss limit programming? It would be easy to do this, so why do we never see it?

[arcimede$]

You can't debunk win goals and loss limits with words OR math.

Nonsense. Already been debunked with math. Why do all you non-math folks deny reality? You guys live in your own delusional world.

[Alan Mendelson]

One more time: there are laws about how video poker and other games work. You cannot have machines shut off when they've paid out too much. Stop this silly discussion.