Real Life Adventures by Gary Wise and Lance Aldrich for November 12, 2014
November 11, 2014
November 13, 2014
Transcript:
Man: I finally came up with a solid retirement strategy... I step in front of a bus, get clipped, and use them silly. Woman: So we're off the lottery ticket strategy? Man: Duh.
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A week ago, my wife won $1500 in a “slot play” drawing at the local “Treasure Island Casino” in Red Wing, Minnesota. After “playing” this “free money”, she ended up with a little more than $1200 is slot winnings. Had she actually spent $1500 to gamble with, and went home with $1200, I would consider it a loss of $300, or 20%..Given a casino pays out about 80% of the gambling “investment”, I consider it a “push”. In other words, if you walk into a casino with $1000, consider yourself “average” if you walk out with $800…