[vpFREE] Re: Best Randomness Analogy Contest

 

You asked, "What about the teams that got busted out?".

Well this is actually a good question.

I know of only one small team that went out of business due to loses. And that was because they had miscalculated the return of a machine they were playing frequently. We knew the correct return, but didn't tell them, because they were competitors. Even they ran as expected.

The large teams got pushed out of business by pressure from the IRS, and changes in tax laws. To a lessor extent the reduction in the number of playable progressives had some effect, but that was loss of potential income, not a loss of money.

To my knowledge, none of them lost money. I'm referring to the Big-Six. None of them busted out. Some retired wealthy.

~FK

--- In vpFREE@yahoogroups.com, "nightoftheiguana2000" <nightoftheiguana2000@...> wrote:
>
> --- In vpFREE@yahoogroups.com, "Frank" <frank@> wrote:
> >When I went over the two year records of my 88 member team, I was shocked at how close to exact expectation we had come. So close in fact, it was almost eerie. I have talked to the managers of other teams with similar large samples, and they all agree that VP machines exceeded their own expectation in keeping to perfectly random.
>
>
> What about the teams that got busted out? And if all the survivors were getting close in dollars to the exact expectation, that sounds like the books were fixed, as in skimmed. More likely the survivors actually won more than expectation but the extra was getting skimmed off.
>

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