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Weekend read: The science of slot-machine gambling

My recommended read for this weekend is an interview with Natasha Dow Schüll, an MIT cultural antropologist, about slot machines (and casinos more generally). The interview was conducted by Brad Plummer of Vox.

slot machine

As is often Vox‘s style, both the interview and a written-up story based on it are on the same page. I’ve linked directly to the interview itself, as I found that more interesting – but, of course, your mileage may vary.

As an aside: the article from http://www.nodepositcodec.com says that manufactures often ‘smooth’ the gameplay by making payouts less volatile, while maintaining the payout rate. Apparently, this is legal, as it doesn’t count as changing the ‘odds’. This seems to imply that, in the States at least, odds are regulated in terms of pay-out rate. This seems an intriguingly dumb interpretation of statistics, which has no regard to the player’s own experience. Can it possibly be true?

This 2,274th post was filed under: Weekend Reads, , , .






More posts worth reading

What I’ve been reading this month (published 6th February 2017)

What I’ve been reading this month (published 31st December 2016)

What I’ve been reading this month (published 30th November 2016)

BBC goes back to the bard (published 17th January 2005)

Swing Update (published 2nd May 2005)

Entry #99 (published 6th May 2004)

Homophone Rhapsody (published 24th January 2005)


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