Downtown slots pay back 11.61% more than the Strip.

Late to this thread, sorry for reviving something you all are probably sick of at this point. However, I see an opportunity to tie a bow around the discussion. CrystalMath and Nareed's points are key to the answer. Here is how I would sum up this entire thread:

Nobody disagrees that the difference between downtown's performance and the strip's performance is 0.85 percentage points. However, the magic lies in which metric we decide to compare the difference (0.85) to:

If we compare the difference to the strips's hold (7.22%), 0.85 is in fact 11.77% of the hold. (0.85/7.22=11.77). Therefore, truthfully, downtown HOLDS 11.77% less.

If we compare the difference to the strip's return (92.78%), 0.85 is in fact just 0.92% of the return. (0.85/92.78=0.92). Therefore, truthfully, downtown PAYS BACK just 0.92% more.

I care more about the impact the difference has on my pocket (0.92%) and less about the impact the difference has on the casino's pocket (11.77%). In essence, the sign is implying that the 11% is based on my point of view (the gambler's), when in reality it is based on the casino's point of view.

Quote: craigGA

Late to this thread, sorry for reviving something you all are probably sick of at this point.

No, I'm enthralled. Really.
> However, I see an opportunity to tie a bow around the discussion.
I'd rather tie a bow around the neck of the sign writer.