Originally Posted by
kewlJ
That is what the huge (currently vacant) buildings out my window are built on....people believing what you guys believe and NOT in the math.
This is where you are completely wrong Kj! You, along with most APs, don’t get it.
These casinos are built on “entertainment”. The vast majority of people who go to casinos go for entertainment. They enjoy gambling in the casino environment, just like some people enjoy going to movies, clubs, ball games, the opera or any other form of entertainment. If they win some money, great, it makes the experience all the more enjoyable!
I have a couple friends from work who fly to Vegas once a year because they enjoy Vegas, which includes the gambling, the shows, restaurants, etc. They go there with a set amount they’re willing to lose. None of them think they’ve come up with some system to beat negative EV games. They all know all the games in a casino have a built in house edge. I think the only people in the universe who think this is unknown by the general public are APs.
Are there a couple degenerate gamblers that think they can beat a negative EV game without math? Probably. But this is not what built Vegas or any other casinos. It’s the people who go there for entertainment!
Why do APs have such a hard time acknowledging casinos are in the entertainment space, and the majority of people who go there, go there for entertainment, and gamble responsibly?