![]() Every week, on pension day, Gladys hops on the mini-bus with her friends and heads off to her local club for a “bit of fun” on the pokies. ![]() Meet Gladys, a resident of the Happy Valley retirement home. Let’s take the case of a stereotypical poker machine player. The reason for this paradox? Poker machine mathematics. The reality is that today’s poker machines can satisfy this requirement while still bleeding the public dry. This might seem like a good thing, but it’s not. It is true that, by law, poker machines in Australia have to return somewhere between 85 per cent and 90 per cent, over time, to the player. They have a guaranteed return-to-player percentage which is pretty high, don’t they? Well, yes… and no. But, I hear some of you say, at least poker machines aren’t that bad. These decisions influence the end result. Cards, horses, roulette, sports… with all of these, there are decisions that can be made about what sort of bet to make, who to bet on, what the chances are. They are the only form of gambling that has been designed and crafted for the purpose of making money, and where there is absolutely no chance of influencing the outcome. Poker machines are unique in the gambling world.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |