All About Gambling Machine Jackpots – There is No Man Behind the Curtain

All About Gambling Machine Jackpots – There is No Man Behind the Curtain is a rewrite of an older post.  It was a time of great frustration. While writing this post in 2014, friends of mine often shared misunderstandings about gambling jackpots. For the most part, I found these musings rather irritating. (I’m less apt to fall into a ranting tizzy these days.) At the time, I was preparing to direct the middle school production of “The Wizard of Oz.” The week after I had a brief casino visit.  Here’s how my visit went.

The Story

I sat down at a Video Poker machine and the person next to me said, “I wouldn’t play that if I were you, the last person left with over $1000 profit. He hit a royal, and then it kept on being hot for over an hour!”

I stood up and left, but not  because of what he said. I prefer not to play next to obnoxious people who can’t keep their less than knowledgeable opinions to themselves.

So I went to play slots.  As I’m about to sit down. the lady on the next machine says, “that one (slot) is due to hit.  I’ve been playing here for over an hour and at least a dozen people have poured money into that machine.  It’s due…”

The Moral of the Story

I like empty casinos. It’s quiet, with plenty of open tables & machines.  In addition, there is no unsolicited advice!

Here are the facts. There are no slot machines or video poker machines due to hit.  that does not include the separate progressive slots that can approach a positive EV.  “Slot machine harvesting” is a post for another day.

“Hot” or “Cold” machines are a human perception based on a small sampling of time and based on nothing scientific or mathematic. Remember, every bet is a single entity in time.  It’s not based on the previous action.

Related Post – Gamblers & Superstitions – If We Could Only Understand the RNG

THERE IS NO MAN BEHIND THE CURTAIN!

Back to Broadway. The Great and Powerful Oz was a mistake in human judgement, a perception of what the Lion, Scarecrow, Tin Man and Dorothy WANTED to believe.  Thank goodness one of the leads had the common sense to dig deeper for the truth – TOTO SAVES THE DAY!

Hearing gambling myths, hunches, feelings, and miss-guided “facts” are better kept to one’s self.  There is no magic.  Casinos don’t change the machines payback % all the time. They don’t have to, because of one scientific, mathematical fact – house advantage is designed from the factory by the  Random Number Generator (RNG).   Every pull of the handle, every push of the button, is an event in life that does not depend on what happened before.

So, there is no man behind the curtain, there is no magic.  Slots and video poker are not “due,” “tight” or “loose.” The RNG dictates everything the randomness in every push of the button.

Final Thoughts – All About Gambling Machine Jackpots – There is No Man Behind the Curtain

As much as you try to stop the reels on the bonus, or time that draw button to finish that Royal Flush, it doesn’t matter.  Yes, that’s right, it doesn’t matter. Once you push the button, whatever you see on the screen or where ever the reels stop, you have no control over it.  If you touch the screen for the fun of it then, accepting the science of the Random Number Generator, then have a great time.  But, if you don’t accept the math and prefer the myth, please don’t share your views.  Many of don’t care to hear it!

Accept the math, and not the myth, That’s the truth to gamble with!

Thank you, Toto!

Binbin

Casino Industry Myths Disproved – Guest Post By Vital Vegas’s Scott Roeben, Part 2


Yesterday, we presented Part 1 of VitalVegas Scott Roeben’s post , of  10 Ways Thrillist Got Casinos, and Las Vegas, Wrong.  “Vital Vegas,”  is a website whose reason for existence is “….to give you the essential news and information you need to get the most from your next Las Vegas visit, all with a slightly skewed, and often highly-intoxicated, perspective.”  However, many posts are true of casinos all over the country – which is why this post is shared today.  (Please forgive the NETG asides to his already excellent article.)images (1)

Once again, I must thank Scott Roeben, of VitalVegas, for his permission to copy this post. Visit his website at scott@vitalvegas.com.

Reasons #1-5 were covered in yesterday’s post, Casino Industry Myths Disproved – Guest Post By Vital Vegas’s Scott Roeben, Part 1

Here’s Scott with part 2…….

6. Casinos Teach Players Wrong –

 Thrillist encourages casino guests to be careful who they learn from, the implication being that if you take free gambling lessons at a casino, instructors don’t “exactly have a ton of incentive to teach the best bets that give players the best chance to win.”

circus_circus_lessons

Casinos don’t teach guests to lose, they teach them to play. The winning and losing is all on us

Free gambling lessons are a popular service, and it’s not on the casino to teach every detail of a given game. The idea is to give an introduction to the game, and it’s on the player to learn the nuances, odds and strategies.

Ultimately, all casino games are stacked in favor of the house. Casinos don’t have to be “sneaky.” They need to make customers feel welcome, they need to differentiate themselves from their competition (free services do that) and they need to provide a memorable, safe, fun experience.

 

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That said, we’re not oblivious to the ways casino games avoid having big, read arrows pointing to the better bets on a given table game. You won’t find any wording about “odds” bets on a craps table, despite that bet being one of the best in the casino. And you’ll almost always see the “Big 6” and “Big 8” bets (sucker bets) clearly marked.  But casinos aren’t teaching players wrong. They’re whetting our whistles, and what happens from there is up to us.

7. “Cash Advance Leads to Winless Trance”

This item seems to be included in the Thrillist article to warn us against using credit card cash advances. Great advice, but we’re baffled as to how this is a strategy by casinos to take
our money.  Yes, casino ATMs charge for withdrawals and cash advances. Fees are clearly stated during the transaction. Yes, credit cards charge interest for money we borrow.  Is any of this underhanded on the part of a casino? Of course not.

8. Dirty Hidden Fees, Part One: Resort Fees

Again, this item isn’t so much incorrect as it is irrelevant.  Thrillist says, “Many casino hotels charge what are called ‘resort fees’—daily charges tacked on to the hotel bill for ‘resort amenities’ rather than just including them in the cost of the hotel room—which is just a way to bump up what you thought was a reasonable bill.”  Fair definition, and nobody likes resort fees, but what in the name of all that’s Vegas do resort fees have to do with casinos?  (NETG Aside – Travel websites have contributed to the allowance for resort fees than anything else, not casinos or even the hotels themselves)  We bash resort fees often, and predicted they’ll go away this year (don’t laugh) but they’re a worldwide problem in the hotel industry. Proportionately few of the offending hotels are in Las Vegas and only a tiny fraction have casinos in them.

9. Dirty Hidden Fees, Part Two: CNF Charges

Las Vegas CNF fee

CNF charges are the ugliest kind of gratuitous fees, but they’re not a casino thing.

Our blog is a likely source for this entry in the Thrillist article, as we’ve ranted about CNF charges frequently. Thrillist says, “There are plenty of great restaurants in Vegas and plenty of places to eat in Vegas for $10 or less—but on [sic] of the most infuriating practices for a few restaurants, especially on the Strip, is the Concession and Franchise Fee (known as a CNF)—sticking it to diners for an extra 4.7% on every bill.”  So, we’re not saying Thrillist was wrong in bashing these asinine charges at places like Beer Park and Hexx at Paris, Cabo Wabo Cantina, Senor Frog’s and Rhumbar. We’re just saying what does this have to do with casinos?  CNF charges are a restaurant thing, so while sneaky, they’re not casino-related.

10. Casino Players Clubs Are Somehow Sneaky

Thrillist says casino players clubs are “the club you don’t want to be a part of,” then the article goes on to say “joining a players club at casinos will earn you ‘cash back’ and ‘players points,’ the more you gamble the more perks and points you get.” Well, they got it half right.

Getting perks and cash back for your play certainly sounds sneaky, doesn’t it?

Then Thrillist goes off the rails, stating “these clubs are designed to keep players at the tables and slot machines longer.”  How do we put this diplomatically? [What] are they talking about? Here’s the truth: Casino players clubs exist to track play and reward loyalty. They’re a marketing tool.  Loyalty clubs are like frequent flyer miles, and in fact, casino loyalty clubs were pretty much lifted from airline reward programs. Are airlines being “sneaky”?

Loyalty clubs offer players perks they wouldn’t get if a card weren’t used. So, it’s sort of the opposite of a sneaky way casinos take our money.

Again, many of the misconceptions and myths in the Thrillist article are common. But the bottom line is casinos don’t have to be sneaky to make money. They have two things on their side: Math and time. For every bet made in a casino, the house gets a piece. When you lose, they get your money. If you win, they take a commission by paying out slightly less than the odds would dictate.

Every for-profit industry tries to make the most of things that trigger our biases and motivations. Casinos aren’t any worse or better than the others. If you’re going to go after casinos for trying to make money with design or psychology, you also have to go after breakfast cereal companies for placing products at the eye level of kids.

Articles like the one on Thrillist perpetuate the myth casinos are somehow trying to hoodwink us. The truth is the casino industry is one of the most-regulated industries around. Casinos and Las Vegas deserve better. Dig deeper, ask questions, don’t perpetuate myths. (No, oxygen isn’t being pumped into casinos.)

The Thrillist article is still worth a read. It’s true people bet more when using chips than cash, and the article also gets it right that “there’s no such thing as free booze.”

If you want to learn more about how casinos use light, sound, interior design and ergonomics to keep the money rolling in, read “Addiction by Design” by Natasha Dow Schull. We’d love to hear your take on all this. (NETG – Read the book, slow methodical reading, but full of truths about casino designs and basics)

FINALLY, As with anything you read on the Internet, question everything and decide for yourself who gets it right.

Thanks Scott.  Our New England Casino Visitors should get a lot to think about with your article.

That’s all for now – Binbin


More about Scott

It should be noted Scott has worked at, and for, casinos during his time in Las Vegas, which includes a pretty good history of calling out casinos when they’re doing something we don’t like (which happens far too often, actually).

The Author:  I first heard Scott when I first started listening to Las Vegas Podcasts. He often would call in to “Five Hundy by Midnight,” the premier Vegas Podcast. He still appears on 360Vegas Podcast, and has his own VitalVegas podcast available for subscription from iTunes.  His bio includes:

  • Contributor to LasVegas.com.
  • Wrote the blog for Caesars Entertainment. The blog was named the “Best Blog” in the country in PR Daily’s 2012 Digital PR and Social Media Awards.
  • Named the most valuable blogger/blog in Las Vegas in 2011 by CBS Las Vegas
  • Editor’s choice for Best Blog in the Trippies Awards in 2010.
  • We were recently honored to be named “Best Blog” in the 2013 Las Vegas Digital Media Awards, presented by the Las Vegas Interactive Marketing Association.
  • We were also named the “Best Las Vegas Blog” in the 2014 Trippies Awards, hosted by VegasTripping.com.
  • As of March 3, 2014, our day job is that of Interactive Marketing Manager for the Fremont Street Experience. Fremont Street Experience serves as the marketing umbrella for a group of casinos including The D Las Vegas, Fremont, California, Main Street, Four Queens, Binion’s, Golden Gate and Golden Nugget.

Casino Industry Myths Disproved – Guest Post By Vital Vegas’s Scott Roeben, Part 1

Scott Roeben of Vital Vegas

Scott Roeben of Vital Vegas

The Casino Industry is full of characters – personalities as wild, as fun, and as polarizing as the entertainment industry it runs with.  Besides the provocative stories and fascinating insight into the industry claims our recreational time and money, many of those colorful “characters” have compelling information that helps our understanding and eventually our success in our casino visits.

download (2)Our post today comes right out of “Vital Vegas,” a website whose reason for existence is “….to give you the essential news and information you need to get the most from your next Las Vegas visit, all with a slightly skewed, and often highly-intoxicated, perspective.”  However, many posts are true of casinos all over the country – which is why this post is shared today.  (Please forgive the NETG asides to his aleady excellent article.)

I must thank Scott Roeben, of VitalVegas, for his permission copy this post.  It covers myths about casinos – general, outdated myths put in perspective only in a way Scott can do.  It’s colorful, it’s humorous, and it’s informative.  Think how it relates to our seven casinos here in New England and comment back to us.  Or, send a note to Scott at scott@vitalvegas.com.  More about Scott, his website, and his podcast (yes, the man does it all) after his guest post.  Here’s Scott…….

10 Ways Thrillist Got Casinos, and Las Vegas, Wrong

We make no apologies for the fact this blog loves it some “listicles” (a catch-all for “information presented in list form”), and we also love a site that frequently publishes them, Thrillist.[a eat, drink and travel website]

Recently, though, Thrillist was responsible for a story we simply can’t let stand.

The piece is called “10 Sneaky Ways Las Vegas Casinos Take Your Money.” The article rehashes lots of outdated Las Vegas myths, jumps to lots of erroneous conclusions and states a number of falsehoods as truth, so we figured it would be fun to lend our two cents to the conversation. If you don’t already live by the credo, “Don’t believe everything you read on the Internet,” now might be a good time to start.

1. Casinos are Windowless Traps – Right up front, Thrillist asserts “casinos are windowless traps.” We call bull.  Many newer casinos have windows and natural light. The extent to which this assertion is misguided can be easily illustrated by the fact casino companies are now building entire venues outside. Those include the multi-million dollar Linq promenade and The Park, between Monte Carlo and New York-New York……because it’s all outside.

Foxwoods open ceiling in the Grand Pequot casino. It also included to areas with windows until boarded up for Tanger Outlets addition.

NETG Addition – Foxwoods open ceiling in the Grand Pequot casino. It also included to areas with windows until boarded up for Tanger Outlets addition.

The article also asks, “Where is the nearest exit?” Seriously? There are signs for exits everywhere. Fire and safety regulations require casinos to post exit signs everywhere. Being sneaky about exits simply wouldn’t be tolerated in casinos.

Although these tidbits make for a colorful conspiracy theory, they’re simply not true upon further scrutiny.

2. Casinos Don’t Have Clocks – The Thrillist article asks, “What time of day is it?” We say it’s time to get a clue about Las Vegas and the modern world.  While you can’t often find clocks inside a casino, why would you need one? Just about every person in a casino has a smartphone on them that shows the time!  Whether the trope about clocks is true or false, why would it matter if casinos provide clocks? Let’s put this old saw to rest, already. (NETG – So true, besides, most millennials can’t read a clock if it’s not digital!)

3. Casino Cages Are Hard to Find – The Thrillist article posits, as fact, casino cages are difficult to find. “It always seems that the casino cage is hard to find, requiring a walk deep into the casino—past many other games and temptations.”

Riviera cashier cage

Placement of casino cages has more to do with structural demands and security than anything nefarious.

The hooey is strong with this one.  There’s nothing sinister going on with the placement of casino cages. The location of cages is based upon security concerns, and signage for cages is everywhere. Today’s casinos are all about customer service. Annoy a customer by hiding a cage and they won’t be back. Also, many casinos have players club desks at the cage, so why would they want to deter players from signing up?  (NETG asaide – As an example, Mohegan Sun has closed a few cashier cages, changed them to Harvest Moon & Lodge bars, with no complaint heard.  However, because of numbers of new guests daily, they have expanded their players club desks.)

In addition, most people playing in casinos are doing so at slot machines. Those machines spit out TITO (ticket-in, ticket-out) vouchers that can be redeemed at self-serve kiosks, more numerous than ever. (NETG – The need for cashiers greatly diminished because of TITO.  No need to bring big buckets of coins to cash in! Nailed it, Scott)

4. Casino Cages Are Intentionally Understaffed – The Thrillist story continues, “And once you find it, often there is a line with only one person there to service those who want to trade their chips in for cash.”  We have personally been to every casino in Las Vegas, for a time period spanning more than a decade, and we have never been to a casino cage with one attendant.  Again, slow service doesn’t benefit a casino. We presume there are also regulatory and security requirements about someone being left along with millions of dollars in cash. If hogwash and hokum had a bastard child, it would be this.

5. Wild Casino Carpets “Keep Your Eyes on the Prize” – We’ve heard this ridiculous theory for years now, and it’s never been true. We’re very familiar with the concept of “unpleasant design,” a concept covered masterfully in a recent episode of the exceptional 99% Invisible podcast. (Many Las Vegas casinos use sharp and pointed design elements on their outdoor features to keep vagrants from sitting or sleeping at their venue, for example.)

Mermaids carpet

Las Vegas fans love casino carpet, even if it looks it was designed by someone with severe head trauma.

But casino carpets aren’t that.  The reason casino carpets are colorful, and have distinctive design details, is to disguise stains. Casino carpets get a lot of traffic, and much of that traffic is drunk and carrying liquor. Spills are frequent, and busy carpeting helps camouflage spills and stains. As usual, practicality wins over conspiracy.

 

(Check NETG’s post “Name That Casino Rug” to check out similar rug patterns in New England Casinos)

Aahhhh – time out & let that all digest for now.  Our guest post from Scott Roeben continues tomorrow!  Part 2 – don’t miss it!


ABOUT THE AUTHOR:  I first heard Scott when I first started listening to Las Vegas Podcasts. He often would call in to “Five Hundy by Midnight,” the premier Vegas Podcast. He still appears on 360Vegas Podcast, and has his own VitalVegas podcast available for subscription from iTunes.  His bio includes:

  • Contributor to LasVegas.com.
  • Wrote the blog for Caesars Entertainment. The blog was named the “Best Blog” in the country in PR Daily’s 2012 Digital PR and Social Media Awards.
  • Named the most valuable blogger/blog in Las Vegas in 2011 by CBS Las Vegas
  • Editor’s choice for Best Blog in the Trippies Awards in 2010.
  • We were recently honored to be named “Best Blog” in the 2013 Las Vegas Digital Media Awards, presented by the Las Vegas Interactive Marketing Association.
  • We were also named the “Best Las Vegas Blog” in the 2014 Trippies Awards, hosted by VegasTripping.com.
  • As of March 3, 2014, our day job is that of Interactive Marketing Manager for the Fremont Street Experience. Fremont Street Experience serves as the marketing umbrella for a group of casinos including The D Las Vegas, Fremont, California, Main Street, Four Queens, Binion’s, Golden Gate and Golden Nugget.