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To: Amberdawn

P.S., horse racing offers far better returns than casino gambling. Too many people are content to stupidly pull a lever than learn how to bet on horses.


13 posted on 05/19/2012 9:50:41 PM PDT by Amberdawn
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To: Amberdawn
P.S., horse racing offers far better returns than casino gambling.

Playing the ponies is a game of skill. Playing the slots is a game of chance.

You can be a consistent winner in the one. You'll eventually lose in the other.

14 posted on 05/19/2012 10:03:26 PM PDT by okie01
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To: Amberdawn

What do you mean by “better returns?”

Tiger Walk 30:1 = 0.0323
Teeth of the Dog 15:1 = 0.0625
Pretension 30:1 = 0.0323
Zetterholm 20:1 = 0.0476
Went the Day Well 6:1 = 0.1428
Creative Cause 6:1 = 0.1428
Bodemeister 8:5 = 0.3846
Daddy Nose Best 12:1 = 0.0769
I’ll Have Another 5:2 = 0.2857
Optimizer 30:1 = 0.0323
Cozzetti 30:1 = 0.0323
TOTAL = 1.2721

So it looks like the house is getting a 27% cut. With slots it’s something like 2%. On the other hand, a person can lay many bets on slots in the time it takes to run a horse race.

Now yes, it takes some skill to pick a horse or win at blackjack or poker, while slots are dumb luck. (Although they have slot tournaments).


27 posted on 05/20/2012 8:46:38 AM PDT by scrabblehack
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