It’s a great question we should all ask ourselves before getting in that car and heading to our local. I fear that most people go for the wrong reason – to get RICH!
No matter how many times I tell people that “There is no such thing as winning in the long run on slot machines”, and no matter how many facts I can throw at people about how slots are designed to take your money, the majority of folks continue to play to make it rich.
The correct answer should be: “Because I get a thrill out of the excitement at the possibility of winning a jackpot, BUT realize that the odds are against me.”
I suggest you repeat the following statement before you start your next gambling escapade:
“I ________ (your name), am going to the casino today for the sole purpose of spending $______ (whatever your budget is). For that money I expect to get back in return the following: five hours of game play, a comp meal, parking, cocktails, good music and the excitement of having the opportunity to win a jackpot. I am fully going to the casino with the expectation of spending (not losing or investing, but spending) X amount of dollars for this entertainment.”
Setting up that expectation may help put things in perspective. I can’t tell you how many times in the past I’ve said things like “I can’t believe I just lost $1,000 today. I could have bought a new computer, or TV with that!”. That was back when I thought I was investing and had some kind of control over my wins. Now that I’m grounded in reality, I get to decide if I want that TV or if I prefer some entertainment for the afternoon, evening or weekend.
Yes, you can get lucky.
Yes, you can have a lucky streak.
But eventually that luck will run out, and the slots will take what their algorithm tells them to.
There is no such thing as winning on slot machines in the long run.
There is no such thing as making a living playing slot machines.
There is only luck and timing, and you better hope they both line UP! But even if they don’t, you should be happy – because you got what you paid for… EXCITEMENT!
Line it up,