FOBT in the bookies

Joe · Post by **Joe** » Fri Mar 04, 2016 7:15 pm

Just spoke to a paddy power employee who said these machines are making the bookies absolutely millions of pounds and they are all fixed to rake it in.

If you want to lose then keep playing. lol.

doingthem · Post by **doingthem** » Fri Mar 04, 2016 7:35 pm

Roulette doesn't need to be 'fixed'

quizard · Post by **quizard** » Fri Mar 04, 2016 11:21 pm

You don't need to speak to any employee to know you are going to lose in the long run. It tells you plainly on the help screen what the % return is: about 88-92% on reel games. So people can't say they are not warned.

doingthem · Post by **doingthem** » Fri Mar 04, 2016 11:26 pm

If they didn't make money they wouldn't be there

bubbles · Post by **bubbles** » Sat Mar 05, 2016 2:25 am

thanks for that info joe, i'll have to look up the other 5 posts you've made in the past 5 years to see if they are equally insightful! quality over quantity everytime for me! lol

BFK · Post by **BFK** » Sat Mar 05, 2016 7:05 am

OB has beaten the odds on roulette for the last 20 years.

JG · Post by JG » Sat Mar 05, 2016 2:26 pm

Many thanks to the OP. I was planning to lose £1,582 this afternoon in the bookies, but I'm not going to bother now.

Roll_With_It_Russ · Post by **Roll_With_It_Russ** » Sat Mar 05, 2016 5:52 pm

Surely its a better game if its fixed, you can't be unlucky or pick the wrong numbers.

buzzer · Post by **buzzer** » Sat Mar 05, 2016 7:07 pm

it isnt't fixed, works on odds same as proper roullette.

any number pays 36/1
there are 37 numbers including the zero so a 1/37 chance of picking the right number.

this works out at a payout equalling roughly 97% on average.
this means if you play on and on, you will always eveutually loose everything.

this is why fobt's are very dangerous, you can loose a fortune in a very short space of time..

BFK · Post by **BFK** » Sat Mar 05, 2016 8:15 pm

Not in OB's case buzzer.

He's beaten those odds and is ahead on roulette.

To most it's an impossible task.

But we are not dealing with an average human being.

buzzer · Post by **buzzer** » Sat Mar 05, 2016 8:36 pm

fair play to him then.. lol

the laws of averages must not apply...

Plumy2k · Post by **Plumy2k** » Mon Mar 07, 2016 4:41 pm

I spoke to a ladbrokes employee a few weeks ago who told me the odds of hitting 7 reds in a row was 23 million to one. Did say he had seen it quite a few times, but was adamant he was right.

titchno1 · Post by **titchno1** » Mon Mar 07, 2016 7:35 pm

How is that possible? I thought every spin is separate, the Spin history shouldn't matter?

Plumy2k · Post by **Plumy2k** » Mon Mar 07, 2016 9:22 pm

Every spin is meant to be mutually exclusive.

messiah · Post by **messiah** » Thu Mar 10, 2016 10:03 pm

I have just calculated the chance of 7 reds as being 0.0064 i.e. if you ran 1000 lots of 7 spins you would get 7 reds 6 times on average. Not exactly 1 in 23 million

* I of course may have fucked up the odds...