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Thread: Interesting Gambling Article

  1. #27


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    Quote Originally Posted by Norm View Post
    We're talking about casino games. Dice have been around since the Stone Age; but we don't say casino games have included dice since before written language. Bingo (née beano) was created in the 1920's based on some French and Italian lotteries going back a few centuries; but did not become a casino game until more recently. I seem to remember there was a mid-Strip bingo game on the second floor of a Holiday Inn maybe 20 years ago. I believe the good professor had his facts right.

    BTW, I did some work for Richard Epstein on bingo some years back. There exist some strange bonuses.
    So, if I get this right, a Bingo and a Beano start bopping, and before you know it, we have a new game called Beanie.

  2. #28


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    Quote Originally Posted by Norm View Post
    We're talking about casino games. Dice have been around since the Stone Age; but we don't say casino games have included dice since before written language. Bingo (née beano) was created in the 1920's based on some French and Italian lotteries going back a few centuries; but did not become a casino game until more recently. I seem to remember there was a mid-Strip bingo game on the second floor of a Holiday Inn maybe 20 years ago. I believe the good professor had his facts right.

    BTW, I did some work for Richard Epstein on bingo some years back. There exist some strange bonuses.

    Norm, I think we’re now getting into some technicalities of what someone thinks is “evolutionary” or “revolutionary” with regards to casino games. There is always going to be disagreement with that, even with the gaming experts. At the very least, I think most would say Bingo was not revolutionary for the casino industry, and that’s what Rose is indicating.

    This debate on Bingo is not my problem with this article.
    I just don’t think it’s a very good opinion piece.I’ve read it several times, and it’s somewhat meandering and it states things everybody already knows, but in a way that an “Intellectual” probably thinks makes himself look smart.


    To illustrate my point, here’s a couple sentences he uses to start his paragraphs:
    “Inventions expand experience.”, “Inventions blur traditional boundaries.”, “Inventions are increasingly intrusive”. Yeah, right I think everybody would agree with all that.

    Here’s my favorite line in this article: “Inventions cannot be uninvented”. I wonder how long it took him to come up with that one? Lol.

    I kind of get where he’s going with the article. His main point is casino are behind the times and not attracting Millennials, but I don’t think he understands why. He thinks it’s because casinos haven’t spent time developing addictive video skill games. I got that from this sentence: “Since Millennials carry the greatest, most addictive games every invented on their smart phones, I guess they are right.” What Rose doesn’t understand is these video games are not negative EV games, meaning the Millennials don’t lose money when they play them. That’s the problem. Millennials don’t want to play games where they know they are going to lose money, and this is how casinos make money. Millennials know “The House always wins” (at least, if they don't want to spend time becoming APs). Who knows, maybe our education system is finally working and the new younger generation is smart enough to stay out of casinos and not play negative EV games. Personally, I don't think this is a bad thing, which is what Rose is indicating. I think the world would be a better place with less casinos.

    Contrary to what Rose thinks, casinos are spending a lot of research dollars trying to crack this nut.
    There was an interesting podcast on GMAE with Olaf Vancura, who is an Astrophysics (I think), developer of KO (I think) and he has a company that spends time developing slot machines for casinos. He talks about the new development of skill video games for casinos and why the casinos are having a hard time attracting Millennials with them. If people are interested in this topic, I encourage them to listen to it.It’s a much more thoughtful discussion on this topic than what you’ll read in this article. This is only my opinion.I respect people who liked Rose’s article and thought it was good. We’re just going to have to agree to disagree on this.
    Last edited by Dbs6582; 12-15-2018 at 09:29 AM.

  3. #29


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    Quote Originally Posted by Counting_Is_Fun View Post
    The guy seems knowledgeable and has some interesting points of view, so his stuff is worth a read at least.
    All I can say is how many younger people do you honestly see playing in the casinos you go to?
    How many under say 40 do you see playing slots? I see almost zero.
    Playing table games? I see almost zero.
    How many in the casino at all? I see almost zero.
    I would think it's pretty obvious that casinos have a real problem once all of us die off.
    Mm I don't know, I actually do see a moderate amount of young people. Guys in their 20s somewhat often. I also find, at the bj table, that they tend to be fairly good, mostly correct bs, while the older ones tend to be just horrible usually

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