When a Casino Pays Out $1.60 on the $1

How many of you have watched the movie Ocean's 13 ?

Do you know what happens when a casino pays out $1.60 on the $1 ?

Hint - if it was my casino, I'd close the doors.

Realized this today about the Mega Millions, at 10:30 AM.

Hint: the goal is not to win the Jackpot.

The goal is to win the 3 or 4 numbers - more than once.

Long story short, the Mega Millions has above even odds, until 7:30 PM Pacific today Tuesday.

Thought I would share that with the Deep Thinkers at ICMag !



Similar to the scene in Ocean's 13 when they game the casino.

Like in the picture, but take $1000 off those numbers.

So far I've played $100.

Came home to make sure the house wasn't on fire, eat lunch, take a bath etc.

Then back for more, probably.

And I'm actually putting my money where my mouth is ...



Hope a Cannabis-izer wins 5 numbers - or 6 !!!


PS One of the key statistical concepts in a betting game like this is, how much do you have to spend, to get away from "Lumpy-ness" ?

I won't know that 'in real time', before the end of game play today.

Also, obviously, you have to know - how much can $$ I afford to risk - like it was being burned up, with no return ?

I'm rolling the dice 50 or 100 times.

But to REALLY get away from Lumpiness, you have to roll the dice a lot more - like 1000 times. Which would cost $2000, when the game is $2 a play.

When today's game is over, assuming someone wins and the jackpot returns to $40 million, I can go and get the final pay-outs for 3, 4, and 5 numbers, to better understand the odds and the betting strategy.

Also, part of the situation is - you can't play when the pay-out is below $1 on the $1. And obviously, you want much better odds than that.

Long story short - most likely, after today, I won't be playing the Lottery for about 2 years. The last time the Mega Millions hit $1.6 Billion, was 2016.

math is my bum knee, can you enstupidate this for me?

nepalnt21 said:

math is my bum knee, can you enstupidate this for me?

Click to expand...

casinos always win in the long run...unless they are owned by chump, who has been a dismal failure at damn near everything he tried before becoming a Republican, lol. now, the GOP is looking over the lip into the abyss of nothingness & desolation.

If I am not mistaken, casinos are set up to take 68% of every dollar leaving 32% for the winners (general).

nepalnt21 said:

math is my bum knee, can you enstupidate this for me?

Click to expand...

i had the odds wrong.

if you want to beat the state lottery's, you have to concentrate on SMALL states, and wait for the jackpot to grow to a positive pay-out.

then buy thousands of tickets.

it helps if you already have a $million.

[COLOR=rgba(0, 0, 0, 0.87)]In the photo you bought too little to win, there is definitely less than 1000)


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St. Phatty said:

i had the odds wrong.

if you want to beat the state lottery's, you have to concentrate on SMALL states, and wait for the jackpot to grow to a positive pay-out.

then buy thousands of tickets.

it helps if you already have a $million.

Click to expand...

The math doesn't work, but given a large enough stake and a small enough initial bet, constantly doubling down on a red/black seems like you could grind out cash.

Each bet is its own unique 50/50 instance, not related to or influencing the bet before or after. In my head though I can't get that to work with the idea that you are much more unlikely to lose ten 50/50 bets in a row than one or two.

I like playing craps, 6 and 8 dominate.

Barney bucks.
Ask any bum in Tahoe.

St. Phatty said:

How many of you have watched the movie Ocean's 13 ?

Do you know what happens when a casino pays out $1.60 on the $1 ?

Hint - if it was my casino, I'd close the doors.

Realized this today about the Mega Millions, at 10:30 AM.

Hint: the goal is not to win the Jackpot.

The goal is to win the 3 or 4 numbers - more than once.

Long story short, the Mega Millions has above even odds, until 7:30 PM Pacific today Tuesday.

Thought I would share that with the Deep Thinkers at ICMag !

Similar to the scene in Ocean's 13 when they game the casino.

Like in the picture, but take $1000 off those numbers.

So far I've played $100.

Came home to make sure the house wasn't on fire, eat lunch, take a bath etc.

Then back for more, probably.

And I'm actually putting my money where my mouth is ...

Hope a Cannabis-izer wins 5 numbers - or 6 !!!


PS One of the key statistical concepts in a betting game like this is, how much do you have to spend, to get away from "Lumpy-ness" ?

I won't know that 'in real time', before the end of game play today.

Also, obviously, you have to know - how much can $$ I afford to risk - like it was being burned up, with no return ?

I'm rolling the dice 50 or 100 times.

But to REALLY get away from Lumpiness, you have to roll the dice a lot more - like 1000 times. Which would cost $2000, when the game is $2 a play.

When today's game is over, assuming someone wins and the jackpot returns to $40 million, I can go and get the final pay-outs for 3, 4, and 5 numbers, to better understand the odds and the betting strategy.

Also, part of the situation is - you can't play when the pay-out is below $1 on the $1. And obviously, you want much better odds than that.

Long story short - most likely, after today, I won't be playing the Lottery for about 2 years. The last time the Mega Millions hit $1.6 Billion, was 2016.

Click to expand...

Great experience, bro.

200 freespins my arse ,I took two deposits two 100-per cent match and two set of 100 freespins brings a tear to my eye .I love book of dead and play it everyday if fact usally take 100 to 200 spins to bous it , but brian please tell me how can a game go 2000 plus spins and no bonus ,pure scam site and am surprised you promote this garbage,I got them to delete my account,cost a score to find them bogey so PLAYERS dont mind the great reveiws here they are closed now ,I wonder why,why mods is it closed ,something aint proper.

One day....

I would have put that money in crypto and let it sit a couple years.

Lester Beans said:

I would have put that money in crypto and let it sit a couple years.

Click to expand...

It was only $200. But yeah it was DUMB, I didn't understand the odds.

In order to play the lottery you have to -
* Know the Odds
* only play when there is a positive pay-out.

By and large, this means travelling to all the states in the US with a small population, because they have the highest chances of winning.

you have to Cherry-pick When and Where you play the lottery.