Saturday, January 12, 2008

you win some and you lose some

but this one is a win.

went to casino last night for a bit and pushed some buttons. i walked out with $50 more than the $80 that i brought. considering i only played on $60 dollars throughout the small amount of time that i was there, i'm calling that an 83.33% return.

so, is it worth it to play at the casino? when you only win $50 on $60, then no, not really.let's consider all the variables: foul, smelly, disgusting people; a rank stench on your person by the time you leave no matter how long you were there; you could win lots; you could win a small amount; you could leave with less than what you brought; you could leave after losing everything you brought; you could leave without your house and car (woah). you won't break even. you just won't because if you leave with the same amount of money, you will have taken a loss by subjecting yourself to such an environment.

personally, the casino has been a source of significant and immediate profit for myself. (roughly $12,000 on the $4,000 or so i have gambled in my lifetime) the fact that i cannot attribute this to any form of skill (unless you call having dumb luck a skill, which you may) makes me say that casinos are good for one thing and one thing only: to widen the gap between the rich and the poor.

therefore, the only way it's worth it is if you go in to play a game with high risk and high reward. you must not stay and play for a long time because it's boo nasty. if you lose, that's ok because you probably would have lost anyway if you played a lower risk game - but only after wasting the possible hours and hours of your life in the process. so, if you're so inclined, take $100 and go spend 5 minutes on the 5-line $5 slots ($25 per pull). when you get something like this (my largest win)...

2700dollars

...then you'll thank me - even if you have to pay taxes on it. otherwise, you really won't thank me at all. so then don't do it. it's not for you.

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