Coming in late on this, but here's the most surprising one I've heard.
Several years ago we were in Reno and playing a $1 progressive 8/5 BP that was up over $6k. Sitting next to me was a guy I met the year before. He had previously been a blackjack dealer and he knew all the dealers at this place. He played correctly, and we talked about a few adjustments based on the level of the progressive.
He dropped about $500 and said he'd had enough for the night. I said something about it being expensive to chase these progressives and he replied "yeah, especially when they tighten them up as the jackpot gets higher". I thought he was joking and said "since you know so many people around here you should ask the fellow in the back room to flip the switch for you." "Oh no", he says, "they can't do it on individual players, they'd lose their gaming license, they just tighten the whole bank.". My jaw must have actually dropped open.
Why does he believe this? My best guess is that he remembers those big losses while chasing progressives. Also maybe the seed was planted in his mind by someone who he thought was knowledgeable.
Mac
www.CasinoCamper.com
--- In vpFREE@yahoogroups.com, "Frank" <frank@...> wrote:
... favorite casino misconception and discussed what heuristic might cause it.
>
[vpFREE] Re: Prelude to Post of Dr. William G. McCown Q&A
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