Gambling for Fun! And Profit?
Nov 14, 11:00 AM by Jonathan Howard
So the other day, my coworker was telling me about how it’s possible to win over a long period of time at video poker. According to Wizard of Odds , the long-run payout of certain video poker machines is 100.77%. Now, that looks great on paper, but let’s look at it a bit more realistically.
100.77% is 1.0077. That means, for every dollar you spend, in the long run you’re making less than a penny. Is this really considered making money? Also, it’s not all video poker machines. It’s just certain machines at certain casinos, and which machines they are may change.
It’s not so bad if you enjoy playing the game, but if you don’t enjoy playing video poker, there are much quicker ways to earn money while sitting in one place.
tags: gambling
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