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onenickelmiracle
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February 23rd, 2017 at 11:54:35 PM permalink
https://www.yahoo.com/news/deliveryman-arrested-stolen-packages-worth-002927684.html

Can anyone guess what I don't like about a story like this?
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RS
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February 24th, 2017 at 12:57:17 AM permalink
Quote: onenickelmiracle

https://www.yahoo.com/news/deliveryman-arrested-stolen-packages-worth-002927684.html

Can anyone guess what I don't like about a story like this?



Comments?
Hunterhill
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February 24th, 2017 at 2:46:07 AM permalink
Quote: onenickelmiracle

https://www.yahoo.com/news/deliveryman-arrested-stolen-packages-worth-002927684.html

Can anyone guess what I don't like about a story like this?


That the delivery man was dumb enough to keep the packages at his own house. Jk???
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FleaStiff
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February 24th, 2017 at 4:35:26 AM permalink
Was he just too lazy to deliver them or simply greedy and hoarded the evidence?
I tried to play the video but all that happens is a rotating circle appears and stays there for eons.
GWAE
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February 24th, 2017 at 4:53:38 AM permalink
Does anyone know how ticket brokers/scalpers work?

There is a concert that we want to go to. I had 3 different presale codes and was on there the very second they went on sale. My best available was crap seats. 20 minutes later I see tickets on craigslist that were basically the section I was looking for. How is it possible that these people get the tickets so quickly? Do they have connections inside somewhere that release the tickets to them even before the presale?
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Nostron
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onenickelmiracle
February 24th, 2017 at 8:11:07 AM permalink
All kinds of shenanigans in the ticket market.

Bots buy up lots of them for brokers, and I also believe ticketmaster and other outlets themselves are involved in diverting good seats to secondary market.
FleaStiff
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February 24th, 2017 at 8:18:51 AM permalink
If you are exmilitary the best ticket source in Vegas is at Nellis.

Otherwise I suggest going thru a casino hotel's concierge.
onenickelmiracle
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February 24th, 2017 at 8:27:53 AM permalink
Quote: onenickelmiracle

https://www.yahoo.com/news/deliveryman-arrested-stolen-packages-worth-002927684.html

Can anyone guess what I don't like about a story like this?


I dont like they don't mention the name of the company. They say "local delivery company" and that's it. It's probably UPS or FedEx, but they don't say so. The media does this, sometimes even changes the facts to not tarnish brands in their reporting. A few years ago, an incident on an airplane, think someone was kicking the back of the seat, then the person threw Sprite at them. News stories changed Sprite to water.
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onenickelmiracle
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February 24th, 2017 at 8:33:49 AM permalink
Quote: GWAE

Does anyone know how ticket brokers/scalpers work?

There is a concert that we want to go to. I had 3 different presale codes and was on there the very second they went on sale. My best available was crap seats. 20 minutes later I see tickets on craigslist that were basically the section I was looking for. How is it possible that these people get the tickets so quickly? Do they have connections inside somewhere that release the tickets to them even before the presale?

Definitely some shenanigans going on in the business. I'd agree with the other guy about bots and facades. Those tickets were never available and went straight to the secondary market.
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GWAE
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February 24th, 2017 at 8:44:33 AM permalink
Quote: onenickelmiracle

Definitely some shenanigans going on in the business. I'd agree with the other guy about bots and facades. Those tickets were never available and went straight to the secondary market.



But why would ticketmaster do that, I guess unless they somehow get a cut from the brokers or sell them high. Ticketmaster charges crazy fees for buying a ticket so you would think they would prefer 3000 2 ticket orders opposed to 1 person buying 3000.
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MrV
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Rigondeaux
February 24th, 2017 at 9:40:42 AM permalink
Are you having a rough day, Bunkie?

Feel like the world is crushing the life out of your soul?

Need a dose of schadenfreude to jump start things?

Here ya go.

demonic freeway windmill



*turn up the volume*
"What, me worry?"
Mission146
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February 25th, 2017 at 5:30:06 AM permalink
LilRedRooster started a new thread with the following, and with his consent, I closed that thread and am hereby moving the content of the OP of that thread to this one. I'd like to thank LilRedRooster for his cooperation in this matter as I felt (for a non-gambling thread) the OP wasn't really lengthy or detailed enough to warrant its own thread.

Quote: lilredrooster



Thread Title: Robot Whorehouse to Open in Amsterdam

coming soon to the Philippines, Thailand and Mexico
the news source is not reputable but if I had to guess I would say that it's probably true

http://www.dailystar.co.uk/news/latest-news/590606/Sex-robot-holidays-brothels-prostitutes-escorts-sex-workers-employees-tourists-worldwide

https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
Mission146
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February 25th, 2017 at 5:36:43 AM permalink
Actually, now that I think about it:

Do you guys think that it would be a good idea to have a thread for non-political news (God knows we have enough political threads already) that we could call, "General News (Non-Political, Non-Gambling)" or something to that effect?

I think that if someone were to find a non-gambling news story they would like to share, that would be a useful thread to have, and it would separate such things from this, "Miscellaneous Discussion Thread," which would then be largely random musings. I suppose that would make both off-topic threads somewhat topical, in their own ways. This thread seems to kind of catch both, non-gambling news related stuff and seemingly random musings/conversation.

If a few of you guys like the idea, I would be happy to start the thread. This forum certainly allows for some degree of non-gambling discussion, but if we could generally find a nice clean way to mostly limit it to a few long-running threads, that'd be cool, I think.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
Ibeatyouraces
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February 25th, 2017 at 5:41:13 AM permalink
Quote: Mission146

Actually, now that I think about it:

Do you guys think that it would be a good idea to have a thread for non-political news (God knows we have enough political threads already) that we could call, "General News (Non-Political, Non-Gambling)" or something to that effect?


There already is one. It's called "Diversitytommorow.com" :-)
DUHHIIIIIIIII HEARD THAT!
Mission146
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February 25th, 2017 at 5:47:22 AM permalink
It's no secret that I've advocated for strict topicality in the past, so I tend to agree with you. At the same time, though, there is something to be said for general Forum activity, regardless of the subject matter. The other Administrators might have it right, then, and what would be my hard-line stance of strict topicality (were a gambling forum a monarchy run by yours truly) might not be the best way to do things and probably isn't.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
beachbumbabs
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February 25th, 2017 at 12:02:34 PM permalink
Quote: GWAE

Does anyone know how ticket brokers/scalpers work?

There is a concert that we want to go to. I had 3 different presale codes and was on there the very second they went on sale. My best available was crap seats. 20 minutes later I see tickets on craigslist that were basically the section I was looking for. How is it possible that these people get the tickets so quickly? Do they have connections inside somewhere that release the tickets to them even before the presale?



I know that one of my Amex Platinum benefits is , at least some, if not all, ticket master concerts are available to me a day or more before the general public sales. This might be one way the resellers get a jump on the good seats.
If the House lost every hand, they wouldn't deal the game.
bobbartop
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February 25th, 2017 at 1:51:20 PM permalink
Quote: Mission146

Actually, now that I think about it:

Do you guys think that it would be a good idea to have a thread for non-political news (God knows we have enough political threads already) that we could call, "General News (Non-Political, Non-Gambling)" or something to that effect?

I think that if someone were to find a non-gambling news story they would like to share, that would be a useful thread to have, and it would separate such things from this, "Miscellaneous Discussion Thread," which would then be largely random musings. I suppose that would make both off-topic threads somewhat topical, in their own ways. This thread seems to kind of catch both, non-gambling news related stuff and seemingly random musings/conversation.

If a few of you guys like the idea, I would be happy to start the thread. This forum certainly allows for some degree of non-gambling discussion, but if we could generally find a nice clean way to mostly limit it to a few long-running threads, that'd be cool, I think.



Personally, I found this forum when I was looking for gaming info, and I regret getting swept up in the off-topic political stuff. I'm very opinionated, and the things I believe in more often than not create bad feelings. I have little self-control when I see someone say something that is way different than I think, so I get rude and sarcastic, and people return the favor. I have only myself to blame, nobody put a gun to my head to talk politics. I just wish I had kept my mouth shut and listened to people talking about advantage gambling instead of offering my political views which aren't going to change anyone's mind anyway. It's a free country, misinformed people have a right to not have a clue, especially the young ones, who are generally hopeless. I should have kept my mouth shut. Hindsight.
'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.
GWAE
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February 25th, 2017 at 1:51:41 PM permalink
Quote: beachbumbabs

I know that one of my Amex Platinum benefits is , at least some, if not all, ticket master concerts are available to me a day or more before the general public sales. This might be one way the resellers get a jump on the good seats.



That's how I had 3 different pre sale opportunities. My amex, citibank, plus fan club of band.
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GWAE
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February 25th, 2017 at 4:55:41 PM permalink
Day 48 of no pop today.

Also have now dropped 25 pounds. Only a ton left to go.
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onenickelmiracle
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February 25th, 2017 at 9:28:58 PM permalink
Quote: GWAE

Day 48 of no pop today.

Also have now dropped 25 pounds. Only a ton left to go.

I think I found the 25 pounds you lost and you can have them back. Been eating half a batch of brownies every day, plus chicken wings and fries about 7 days a month. Just turned 39 again and age is a key factor along with a sedentary lifestyle.
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FleaStiff
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February 25th, 2017 at 9:40:52 PM permalink
Quote: GWAE

Day 48 of no pop today. Also have now dropped 25 pounds.

For you its soda pop. For me it seems to be sugar in almost any form. The trouble is the grocery store often has these two for the price of one oatmeal cookied specials in packages of 18. That puts the weight right back on.

Also I had a very modest serving of a sugar and cinnamon laden breakfast cereal and slept for six hours afterwards! I just can't seem to avoid sugar. Also there is this glycemic index versus glycemic load stuff.

I indicated off the scale at my most recent weigh-in. So much for fasting diets.
MrV
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February 26th, 2017 at 9:22:58 AM permalink
Link to DC eagle cam
"What, me worry?"
GWAE
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February 26th, 2017 at 1:27:11 PM permalink
Quote: MrV

Link to DC eagle cam



Funny that you mention them. I remember convo in here about them. Anyways, in pittsburgh our Eagles tree fell over and people were worried that they would leave town but they decided to just make abother nest nearby.
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MrV
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February 26th, 2017 at 1:30:42 PM permalink
Last year I watched the DCeaglecam as a nesting pair raised and fledged two chicks.

Now a new gerneration is born.
Last edited by: MrV on Feb 26, 2017
"What, me worry?"
GWAE
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February 26th, 2017 at 2:00:16 PM permalink
Quote: MrV

Last year I watch the DCeaglecam as a nesting pair raised and fledged two chicks.

Now a new gerneration is born.



Pittsburgh ones recently made an egg or something.
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lilredrooster
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March 4th, 2017 at 2:10:46 AM permalink
Very touching story. Husband and wife are in their 50s. The wife is dying from cancer. Before she dies she is trying to find a new wife for her husband who is soon to be a widower.

https://www.nytimes.com/2017/03/03/style/modern-love-you-may-want-to-marry-my-husband.html?_r=0
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onenickelmiracle
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March 4th, 2017 at 6:08:53 PM permalink
Quote: lilredrooster

Very touching story. Husband and wife are in their 50s. The wife is dying from cancer. Before she dies she is trying to find a new wife for her husband who is soon to be a widower.

https://www.nytimes.com/2017/03/03/style/modern-love-you-may-want-to-marry-my-husband.html?_r=0



That was a plot of the Golden Girls. Ma met a man through a classified ad, she went on a date with him and his sister, then it turned out not to be his sister, but his wife who was dying and trying to hook him up.

http://m.imdb.com/title/tt0589793/
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RS
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March 5th, 2017 at 7:03:08 AM permalink
https://www.youtube.com/watch?v=vBX-KulgJ1o



Interesting video, particularly towards the end when he says something about taking many more of the little but +EV chances, as sometimes you'll win and sometimes you'll lose, but in the end (long run) you'll come out ahead.
FleaStiff
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March 5th, 2017 at 7:27:46 AM permalink
I got cider in my ear.
GWAE
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March 5th, 2017 at 1:11:50 PM permalink
Does anyone know how I can get a few movies on my tablet for use when internet is not avaliable like on a plane.
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DRich
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March 5th, 2017 at 2:11:10 PM permalink
Quote: GWAE

Does anyone know how I can get a few movies on my tablet for use when internet is not avaliable like on a plane.



I believe Netflix now lets you download movies.
At my age, a "Life In Prison" sentence is not much of a deterrent.
GWAE
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March 5th, 2017 at 2:36:43 PM permalink
Quote: DRich

I believe Netflix now lets you download movies.



Guess I should have said for free.

I don't have netflix.

I used to download movies but not sure if that is still around. I also have about 400 on DVD and if it was possible to download those somehow that would fine ad well.
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onenickelmiracle
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March 6th, 2017 at 10:45:40 PM permalink
Legion is a terrific new show. It is quite different. It's another comic book adaptation, while I usually avoid those movies, I'll watch this.
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lilredrooster
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March 7th, 2017 at 2:49:31 AM permalink
Quote: RS

https://www.youtube.com/watch?v=vBX-KulgJ1o



Interesting video, particularly towards the end when he says something about taking many more of the little but +EV chances, as sometimes you'll win and sometimes you'll lose, but in the end (long run) you'll come out ahead.



Yeah, it was interesting. It's also interesting to think how many times in your life even if you weren't gambling that you had to weigh risk vs. reward and you probably did it by instinct not using math even you are an AP. i.e. : I'm late, so should I drive 85 mph to get to work on time or go ahead and be late and have my boss think less of me? Or should I eat a delicious one pound t-bone steak even though it might mess with my digestion? Or should I try to talk to and get to know this attractive woman even if she might shoot me down and make me feel bad?
Last edited by: lilredrooster on Mar 7, 2017
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AxelWolf
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March 7th, 2017 at 4:57:58 AM permalink
Quote: GWAE

Guess I should have said for free.

I don't have netflix.

I used to download movies but not sure if that is still around. I also have about 400 on DVD and if it was possible to download those somehow that would fine ad well.

You have a bunch of kids and no Netflix? That's child abuse. Having board kids is probably parent abuse as well.

You probably have them using rabbit ears on some old B&W TV?

I think you can get a 15 day free trial or something like that. I'm not sure if they allow the download option with the free trial or not.

The only real reason I got Netflix was because I sent my mom a new tablet and I wanted her to be able to watch some newer movies in the park(there is a park directly across the street from her house). I figured, if me, her and my GF all used it, we would get lots of value(I think you can have up to 5 or 6 users). Each person has their own account section for their saved movies, series, notifications, suggestions that's tailored to them. My GF rarely uses it and my Mom is being difficult, she is set in her ways and has not logged in once. I liked it for diffrent reasons, so I just kept it. It seems to stream even in crappy internet speed conditions.

I really liked the NF original Marco polo series.

If the free trial doesn't work out, give me a text and you can use my password for your trip(sorry, I dont think they have girls drinking Pepsi porn for you). I can make you a section to use.

Are you bringing the brats in tow? If so, they can use it to watch the cartoon section, it seems like there is a ton of cartoon and kids content.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
AxelWolf
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March 7th, 2017 at 5:23:37 AM permalink
Quote: lilredrooster

Quote: RS

https://www.youtube.com/watch?v=vBX-KulgJ1o



Interesting video, particularly towards the end when he says something about taking many more of the little but +EV chances, as sometimes you'll win and sometimes you'll lose, but in the end (long run) you'll come out ahead.



Or should I try to talk to and get to know this attractive woman even if she might shoot me down and make me feel bad?

Aw, don't feel bad. Just assume she is a lesbian (like Hillary) if she turns you down. Walk away proud and on to the next one. For the average guy getting laid is like playing VP or slots, its all about the numbers. The more you play, the more chances you have to hit the jackpot.

♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
Bellaing
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March 8th, 2017 at 5:00:22 AM permalink
Quote: GWAE

Guess I should have said for free.

I don't have netflix.

I used to download movies but not sure if that is still around. I also have about 400 on DVD and if it was possible to download those somehow that would fine ad well.



One word - torrents. However they are most likely illegal in your area, so use it on your own responsibility. And its better to know what you are doing..
GWAE
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March 8th, 2017 at 5:51:27 PM permalink
Quote: AxelWolf

You have a bunch of kids and no Netflix? That's child abuse. Having board kids is probably parent abuse as well.

You probably have them using rabbit ears on some old B&W TV?

I think you can get a 15 day free trial or something like that. I'm not sure if they allow the download option with the free trial or not.

The only real reason I got Netflix was because I sent my mom a new tablet and I wanted her to be able to watch some newer movies in the park(there is a park directly across the street from her house). I figured, if me, her and my GF all used it, we would get lots of value(I think you can have up to 5 or 6 users). Each person has their own account section for their saved movies, series, notifications, suggestions that's tailored to them. My GF rarely uses it and my Mom is being difficult, she is set in her ways and has not logged in once. I liked it for diffrent reasons, so I just kept it. It seems to stream even in crappy internet speed conditions.

I really liked the NF original Marco polo series.

If the free trial doesn't work out, give me a text and you can use my password for your trip(sorry, I dont think they have girls drinking Pepsi porn for you). I can make you a section to use.

Are you bringing the brats in tow? If so, they can use it to watch the cartoon section, it seems like there is a ton of cartoon and kids content.



We have plenty of options as long as we have Internet or wifi. I am trying to figure out options for the flight for the kids. I am going to have my laptop with me so ai can probably use that. Not sure if our flight will have use able outlets and not sure if my laptop will make it 2.5 hours for a movie.
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umbrellaman
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March 8th, 2017 at 6:04:55 PM permalink
Get a MacBook Air. Great for travel and their batteries last forever.
RS
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March 8th, 2017 at 7:16:57 PM permalink
My friend from high school gave me his dad's Netflix account credentials. His das keeps changing the password every few months, and I either gotta guess it or ask my buddy what it is. I'll make my own profile, then a few weeks later it's erased. Come on, bruh, quit f***ing with my NCIS binge watching.

Since then I just started using my friend's profile (you can have multiple profiles per account). Half of the shows or recommendations are bad*** shows like NCIS, breaking bad, law & order, documentaries on Hitler (hey it's interesting) or the "look who's back" show, etc. Then the other half is like "The TRUTH behind 9/11!" or "The government's war on drugs is terrorism & treason!" or "This is why women should rule the world."
RS
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March 8th, 2017 at 7:22:10 PM permalink
Quote: lilredrooster

Quote: RS

https://www.youtube.com/watch?v=vBX-KulgJ1o



Interesting video, particularly towards the end when he says something about taking many more of the little but +EV chances, as sometimes you'll win and sometimes you'll lose, but in the end (long run) you'll come out ahead.



Yeah, it was interesting. It's also interesting to think how many times in your life even if you weren't gambling that you had to weigh risk vs. reward and you probably did it by instinct not using math even you are an AP. i.e. : I'm late, so should I drive 85 mph to get to work on time or go ahead and be late and have my boss think less of me? Or should I eat a delicious one pound t-bone steak even though it might mess with my digestion? Or should I try to talk to and get to know this attractive woman even if she might shoot me down and make me feel bad?




Indeed. When I used to work, I'd take the lower variance route even though it took longer than the lower variance route with much higher variance. It worked out that if I always wanted to be early / on time, I'd habe to leave EARLIER for the theoretically shorter trip, taking account into traffic/variance, is have to leave earlier enough to make sure if there was a bunch of traffic for whatever reason, id still make it to work early.


I was thinking about making a thread about this subject.

RE: Gambling/AP -- Something else I've learned (or maybe it just comes with age) is looking at other people's decisions and not what the actual outcome was. Don't get mad at someone if the choice they made ended up being harmful or (after the fact) "wrong", but look at their choices before hand and see if it was the best of the choices.
GWAE
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March 8th, 2017 at 7:44:09 PM permalink
Quote: RS

My friend from high school gave me his dad's Netflix account credentials. His das keeps changing the password every few months, and I either gotta guess it or ask my buddy what it is. I'll make my own profile, then a few weeks later it's erased. Come on, bruh, quit f***ing with my NCIS binge watching.

Since then I just started using my friend's profile (you can have multiple profiles per account). Half of the shows or recommendations are bad*** shows like NCIS, breaking bad, law & order, documentaries on Hitler (hey it's interesting) or the "look who's back" show, etc. Then the other half is like "The TRUTH behind 9/11!" or "The government's war on drugs is terrorism & treason!" or "This is why women should rule the world."



Can't you just watch ncis on cbs.com?
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW
MrV
MrV
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March 8th, 2017 at 7:58:29 PM permalink
It's interesting how many words / expressions are based on the root word "hang."

hang up

hang on

hang out

hang man

hang nail

hang ten

hang dog

hang in there

wow
"What, me worry?"
RS
RS
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March 8th, 2017 at 8:29:50 PM permalink
Quote: GWAE

Can't you just watch ncis on cbs.com?



I prefer to watch it on my TV. I think in the past I was able to get to a web browser type thing on my TV, but it was a PITA IIRC, and I always forget how to do it.

Quote: MrV

It's interesting how many words / expressions are based on the root word "hang."

hang up

hang on

hang out

hang man

hang nail

hang ten

hang dog

hang in there

wow



Hangar

hang over

hang

hangs

hanged

hung

hunged

hanging

hangings

hang men
PokerGrinder
PokerGrinder
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March 8th, 2017 at 9:30:56 PM permalink
Quote: RS

My friend from high school gave me his dad's Netflix account credentials. His das keeps changing the password every few months, and I either gotta guess it or ask my buddy what it is. I'll make my own profile, then a few weeks later it's erased. Come on, bruh, quit f***ing with my NCIS binge watching.

Since then I just started using my friend's profile (you can have multiple profiles per account). Half of the shows or recommendations are bad*** shows like NCIS, breaking bad, law & order, documentaries on Hitler (hey it's interesting) or the "look who's back" show, etc. Then the other half is like "The TRUTH behind 9/11!" or "The government's war on drugs is terrorism & treason!" or "This is why women should rule the world."


AP world getting tougher? You need me to lend you $8 for a Netflix account RS? Lol
You can shear a sheep a hundred times, but you can skin it only once. — Amarillo Slim Preston
lilredrooster
lilredrooster
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March 9th, 2017 at 2:49:05 AM permalink
Quote: GWAE:


Guess I should have said for free.

I don't have netflix.

I used to download movies but not sure if that is still around. I also have about 400 on DVD and if it was possible to download those somehow that would fine ad well.



It's not free but if you have 400 DVDs your best bet is probably a portable DVD player. You can get one for about $60. Downloading movies even if it's legal takes a ton of memory and it makes your device work very hard. All of the pirate sites that offer downloading that I've tried try to put some virus or spyware on your device. It's just not worth it IMO.
Please don't feed the trolls
Rigondeaux
Rigondeaux
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March 9th, 2017 at 3:13:38 AM permalink
Get torrents. Use a VPN. I used to use peer guardian, but it evidently don't work no mo.

If you get caught, all that happens is you get your internet shut off until you call and promise not to do it again. But if you keep getting caught, it can become worse.

I know from bitter experience that one of the files that they have tagged or whatever is the complete Naked Gun collection.
lilredrooster
lilredrooster
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March 9th, 2017 at 3:51:53 AM permalink
Quote: RS


Interesting video, particularly towards the end when he says something about taking many more of the little but +EV chances, as sometimes you'll win and sometimes you'll lose, but in the end (long run) you'll come out ahead.



Let's say you knew you had a huge edge on a progressive slot machine. It's not VP this is just hypothetical. The machine was going to pay out $4 million on its' big hit. All of the other outcomes if you don't include this huge score in your calculation were minus EV. But not a big enough minus EV to dramatically effect the huge plus EV when considering the big hit possibility. And it's a pretty small minus EV, so in playing for 20 hours you are not likely to lose much if you don't hit the big one but of course there is very high variance. And you knew that there were 3 million possible outcomes of a spin. How do you decide, in this situation, or in a similar one that might be more realistic, if it's worth your time to work this machine? Oh, and I forgot: To get the big hit you had to play one dollar each spin.
Last edited by: lilredrooster on Mar 9, 2017
Please don't feed the trolls
RS
RS
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March 9th, 2017 at 8:27:15 AM permalink
Quote: lilredrooster

Let's say you knew you had a huge edge on a progressive slot machine. It's not VP this is just hypothetical. The machine was going to pay out $4 million on its' big hit. All of the other outcomes if you don't include this huge score in your calculation were minus EV. But not a big enough minus EV to dramatically effect the huge plus EV when considering the big hit possibility. And it's a pretty small minus EV, so in playing for 20 hours you are not likely to lose much if you don't hit the big one but of course there is very high variance. And you knew that there were 3 million possible outcomes of a spin. How do you decide, in this situation, or in a similar one that might be more realistic, if it's worth your time to work this machine? Oh, and I forgot: To get the big hit you had to play one dollar each spin.


Without getting into too much detail.....

First of all, determine my advantage (%), my hourly ($$$/hour), and how long the cycle is as well as how long I or team expect to be on the machine.

Figure out if there's "anything else" with the game or scenario I'd want to know about first. IE: What happens if I hit for a $4M taxable? Do I get taxed at 75% or something crazy like that. If the game is messed up (ie: it should be a $4k payout, not $4m) how likely am I to get paid the $4m? If it's a very long cycle, is the casino gonna get weirded out or figure out what I or team am doing if we are on the machine 24/7 for 2 weeks straight?

What kind of a bankroll do I need for this game?

Assuming nothing "out of the ordinary" happens, how likely am I to be ahead once I finish playing it? How do different possible outcomes look for the entire play? This requires simulation/math (most of the time).


Then look at everything as a whole and see if it's worth my time/money/energy/etc. to go play it. Or perhaps it's too risky or not worth enough per hour to play it.


If it took 3 million spins (on average) to hit for $4 million, and I was losing 10% between "the big hit", that means I'd have to coin in $3M with a 10% loss for an expected loss of $300,000 in order to hit for $4M, for a net profit of $3.7 million. At 1000 spins/hour, it should take about 4 months of continuous play. If I run 2 cycles (instead of expected 1 cycle), that's a $600,000 investment for a $3.4 million net profit, over 8 months. 3 cycles is $900K investment for $3.1M profit, over about 1 year.

If my math is right, you have about a 36% chance of NOT hitting "the big winner" at or before 3,000,000 spins. 5 million spins is about 18%. 6 million is 13.53%. 10 million is 3.5% chance. (ie: I'd have a 3.5% chance of NOT hitting the big payout at 10M spins.)
lilredrooster
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March 9th, 2017 at 9:08:54 AM permalink
Quote: RS


If my math is right, you have about a 36% chance of NOT hitting "the big winner" at or before 3,000,000 spins. 5 million spins is about 18%. 6 million is 13.53%. 10 million is 3.5% chance. (ie: I'd have a 3.5% chance of NOT hitting the big payout at 10M spins.)




Those are some pretty impressive calculations you made. But just one thing. It's a progressive machine. I should have said, several identical machines are linked together which is what caused the huge jackpot; it didn't come from just one machine. So, as far as I can tell you did not calculate the probability that someone else would hit the huge jackpot before you did. And I would guess that that is something that is not possible to calculate. So ignoring this example, in any progressive machine in which many identical machines are linked together to produce the size of the jackpot how do you account for the possibility that someone else will hit it before you? Answer only if you feel like it. If it's too much work let it go. I just thought about this and so once someone else hits the jackpot the jackpot goes way down and you stop playing. So on any given spin where the jackpot is still available then your calculations are correct. Other people playing at the same time as you did not reduce your chances of hitting the jackpot. But, it reduced your chances of playing for a very long time and therefore it caused your variance to increase dramatically. I think.
Last edited by: lilredrooster on Mar 9, 2017
Please don't feed the trolls
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