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What is a fair payout? Slot machine? Table? Lottery Ticket? What's the deference? All gambling is a loosing proposition by design. Well at least for the one doing the gambling. The marginal value just doesn't compute.
Then again I suppose it is hard to argue with one of the few that has hit it big in the lottery or whatever. That of course is exactly why many will take the suckers bet. Most know darn well the likely outcome but the consquences of loosing seem minimal compared to even the smallest prospect of winning big. People aren't playing the payout they are playing the prospect of hitting it really big. For a buck or two people thing what the heck. When your talking about a loosing proposition payout is irrelevant and this perspective is at least as legitimate as considering % payout.
posted by 216.165.14...
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