Tuesday, January 31, 2006
Shootarama - Slots Game - Ladder Session #1
Shootarama was the first slot machine I played for the Ladder sessions. I was playing quarter slots on this one. Since Shootarama is a five reel slot machine, I was placing wagers between $1.25 and $3.75.
The coin totals made it a little difficult to keep track of how much I was betting. That's probably the point.
Still, this session had the makings of something big. I won 50 coins and 60 coins respectively on a couple of bets.
But that hardly made up for the ten other times I was losing 15 coins a bet. This session lasted 22 spins, with a total of 12 loses. Most of my "wins" didn't cover the original bet, so I lost money at a fairly quick rate.
All in all, I lost about $30 on this session.
Some of these sessions have been pretty inconclusive so far. But I came away from this one with strong views. Let me be pretend to be Don B. Leeve for a second.
My first impression is that the Ladder stinks. Now, I know that slot machines aren't "hot" or "cold". But we all know the Law of Averages is going to apply on a macro scale.
The Ladder system flies in the face of the Law of Averages. The Law of Averages dictates that your luck will even out over the long term. So if you just won a hand, to bet more on the next hand contradicts the Law of Averages.
What goes up must come down. So the Ladder has you betting more when you're high--and therefore due for a fall.
That's just my first impression. No doubt, John Patrick has already thought of that argumen. Maybe he has a funny name to call me.
Let me add that my second impression is I just lost thirty dollars on the Ladder system.
Starting Money: $327.50 Ending Money: $297.25
LOSING SESSION
The coin totals made it a little difficult to keep track of how much I was betting. That's probably the point.
Still, this session had the makings of something big. I won 50 coins and 60 coins respectively on a couple of bets.
But that hardly made up for the ten other times I was losing 15 coins a bet. This session lasted 22 spins, with a total of 12 loses. Most of my "wins" didn't cover the original bet, so I lost money at a fairly quick rate.
All in all, I lost about $30 on this session.
Some of these sessions have been pretty inconclusive so far. But I came away from this one with strong views. Let me be pretend to be Don B. Leeve for a second.
My first impression is that the Ladder stinks. Now, I know that slot machines aren't "hot" or "cold". But we all know the Law of Averages is going to apply on a macro scale.
The Ladder system flies in the face of the Law of Averages. The Law of Averages dictates that your luck will even out over the long term. So if you just won a hand, to bet more on the next hand contradicts the Law of Averages.
What goes up must come down. So the Ladder has you betting more when you're high--and therefore due for a fall.
That's just my first impression. No doubt, John Patrick has already thought of that argumen. Maybe he has a funny name to call me.
Let me add that my second impression is I just lost thirty dollars on the Ladder system.
Starting Money: $327.50 Ending Money: $297.25
LOSING SESSION
