Reason's why not to play fobt!!!!

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mouse75
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Post by mouse75 »

Possibly it could be company wide figures - at least that seems a realistic amount.
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harry2
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Post by harry2 »

The last report I noted was that the average FOBT terminal cleared £1100 per week. Therefore average bookies made £230,000 per annum. No wonder they don't give a fig about racing punters. I got knocked back today in a Paddy Powers shop having a £500 bet at 5/2. It lost.
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mouse75
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Post by mouse75 »

My wife works for a bookies in a reasonably quiet shop.
Once every three months or so they have a bloke who comes in - and plays til he loses.
Twice last week he lost 10k plus - and their weekly profit on fobts' was £22k.

This is a rarity - and normal weeks range from about 5k profit - to flat and even occasional losing weeks.

JG - like the maths in your post - but just one potential error, i thought bookies terminals were now set to one spin a minute on roulette - and all turbo / instant spins removed - this would seriously reduce maximun profit.There is a similar block on fruit machine games - if you are playing £10 mega spins - and win nothing - you have to wait a few seconds before losing your next tenner.
I would also like to point out its Friday night - definitely not the time for maths lessons! 8)
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harry2
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Post by harry2 »

The law states maximum two spins per minute. Previously you could do the turbo bet , which took about 5 seconds.
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skinner
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Post by skinner »

That turbo bet was lethal,just brought the number up on the screen,you just prayed to hear the sound of clapping!!
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harry2
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Post by harry2 »

Exactly. At the same time, your heartbeat stopped momentarily :lol:
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Glendale
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Post by Glendale »

skinner wrote:That turbo bet was lethal,just brought the number up on the screen,you just prayed to hear the sound of clapping!!
At least Tiny couldn't yell "lost" the minute the screen came up!
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trayhop123
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Post by trayhop123 »

mouse75 wrote:and even occasional losing weeks.




that line just about gave me the biggest laugh all year




asfuckingif :P :lol: :P
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mouse75
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Post by mouse75 »

trayhop123 wrote:
mouse75 wrote:and even occasional losing weeks.




that line just about gave me the biggest laugh all year




asfuckingif :P :lol: :P
True tho - on a quiet week they might be £50-£60 down..... more than made back by the £8k up weeks.

As any stats guy can tell you - Roulette at 97%, and Blackjack at 99%, if truly random will have streaks where the player wins.
bennytheclam
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Post by bennytheclam »

harry2 wrote:The law states maximum two spins per minute. Previously you could do the turbo bet , which took about 5 seconds.
Not sure where you got that info from Harry, The law actually states that each game must last at least 20 seconds for B2 games on FOBT's , so JG was correct at 3 spins a minute max.
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Post by Spyder »

bennytheclam wrote:
harry2 wrote:Not sure where you got that info from Harry, The law actually states that each game must last at least 20 seconds for B2 games on FOBT's , so JG was correct at 3 spins a minute max.

And that would put you at about the age of around 20...

when roulette terminals were first put in bookies they werent as closely regulated..
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Post by silent g »

the reason not to play these is...

THEYRE RIGGED!

seen people doubling up on roulette on these and if you keep betting on red it will keep rolling black!
no way this happens on normal roulette!
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mouse75
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Post by mouse75 »

silent g wrote:the reason not to play these is...

THEYRE RIGGED!

seen people doubling up on roulette on these and if you keep betting on red it will keep rolling black!
no way this happens on normal roulette!
Yes it does.... a run of 20-25 on the trot is statistically likely in the long run!
The man who broke the bank at Monte Carlo was actually betting on sequences of repeating even chance bets, with the casinos - who had given him free reign to play (believing roulette was unbeatable) reduced to trying to put his team of players off their bets. one of the reason even chance bets are now capped is purely to ensure double up players cannot win in the long run.
silent g
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Post by silent g »

mouse75 wrote:
silent g wrote:the reason not to play these is...

THEYRE RIGGED!

seen people doubling up on roulette on these and if you keep betting on red it will keep rolling black!
no way this happens on normal roulette!
Yes it does.... a run of 20-25 on the trot is statistically likely in the long run!
The man who broke the bank at Monte Carlo was actually betting on sequences of repeating even chance bets, with the casinos - who had given him free reign to play (believing roulette was unbeatable) reduced to trying to put his team of players off their bets. one of the reason even chance bets are now capped is purely to ensure double up players cannot win in the long run.
is doubling up illegal ?
obv its no good on £100max bet terminals coz itll go something like this
£1
£2
£4
£8
£16
£32
£64
£100
£100
£100
£100

£200 back woooo only £427 down :)

its an easy way to turn a mill into 2 mill lol.
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ob
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Post by ob »

lol if they're rigged, I must be uber lucky lol, everyone that knows me knows Im well up on em lol!!! Some units play better than other units though. I think picking the right unit is key.

Although Im not a saddict, only play very occasionly and tend to luck out MOST times, although have had a couple of £1k+ losses over the years.... certainly ended up in the red tho :) Pity I had all my life savings on black at the time :( Stop talking French it's annoying!
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