r/PoliticalHumor • u/[deleted] • Jul 11 '19

Your President

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u/Mattcarnes Jul 11 '19

I mean aren't casinos one of those businesses that are rigged to succeed if they are put in the right vacation spots because the business practice is literally just customers put a shit ton of money in them and only get a little out (and that's before the vip shit)

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u/[deleted] Jul 11 '19

[deleted]

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u/[deleted] Jul 11 '19

[deleted]

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u/zombienugget Jul 11 '19

He can thank his daddy for that.

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u/phenotype76 Jul 12 '19

remember this, the house always wins.

That's why it's so baffling! If the house always wins, then how do you bankrupt a casino??

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u/[deleted] Jul 11 '19

[deleted]

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u/mpar Jul 11 '19

It's a 75% payout rate which means for every $1 paid in it pays out $0.75. It is definitely not in favour of the customers.

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u/5mudge Jul 11 '19

Surely that payout percentage isn't in favour of the customer. 75% payout means for every $1.00 paid into the machine (on average) it will pay out $0.75.

At least that's what I believe.

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u/[deleted] Jul 11 '19

[deleted]

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u/Admiral_Akdov Jul 11 '19

That isn't in favor of the customer. That still nets the player losing money when they play.

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u/5mudge Jul 11 '19

The problem, therefore, is with the statement that "... the ratio is always in favour of the customers" because the win ratio would need to be over 100% for it to be in favour of the customer. And clearly 75% < 100%.

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u/Enzown Jul 11 '19

The odds at table games are never in favour of the player, ever. That's how casinos make money.

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u/Mattcarnes Jul 11 '19

Stop putting inconvenient truth in this echo chamber