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It seems that every once in a while an enticing story comes out about a person (or team) who beats the house and wins big. I spent a short time in the 'gaming'
by ap22213 15y ago
It seems that every once in a while an enticing story comes out about a person (or team) who beats the house and wins big.
I spent a short time in the 'gaming' industry building electronic slots and other types of games. The word on the street was that the industry encouraged these types of stories. And, while maybe they didn't directly sponsor them, they looked favorably on them. These types of stories perpetuate ideas of the little guy beating the house.
The profit of the gaming industry comes from the average person thinking that they can beat the house, when, the fact they can't. When the average person begins to believe that they can't win, casino profits go down. As such, casinos put billions of dollars into R&D and marketing to give the average person the illusion that they can win.
I wasn't involved long enough in the gaming industry to be an expert, and I'm sure there are some exceptions. But, generally, to average people, of which I would classify 99.9% of the population, even those of us terribly smart people, the house advantage always wins.