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He did quite well early in his career, but failed to adapt as markets changed.Īt one job, he’d build up massive unhedged future roll positions, convincing himself it was a good idea. Now I’m not taking a stab at his character – he’s a nice guy, and I’d be happy to have a beer with him tomorrow, but I wouldn’t hire him as a trader. He lost at least two jobs for gambling rather than trading. There was a derivatives trader I worked with, who I won’t name here, who had this issue. This is a thing that I’ve noticed: problem gamblers often refuse to believe they’re gambling. As a parent, I think it’s very important to explain to my children that these are gambling machines, in the same way that I explain to them how bookmaking and casino gambling work. Games are often misrepresented as games of skill when they actually use fixed payout rate engines (like OP’s Harpoon Lagoon game). Often the payout rates are not clearly posted. I actually have more of a problem with “gambling lite” like ticket redemption machines and Japanese medal games. For example, blackjack tables have the game rules posted visibly, including the thresholds for the dealer to hit or stand. That’s where the real money is in casino blackjack.Īt least in Australia, casinos need to have rules posted clearly. They often appear to be groups of women celebrating birthdays, and wanting to do some a little “naughty”. They’ll often act as though they’re very excited, and leave feeling like they had great fun but just got unlucky. Then they’ll sit down and burn through several hundred dollars worth of chips in short order. People who don’t understand the games will watch a table for a few hands, notice the wins more than the losses, and decide it’s a “lucky table”. When you play perfectly, you make frequent small losses, and larger wins which are less frequent. The casino is actually happy to have people sitting at the tables playing at break-even and not buying drinks (effectively using space but not generating profit) because of the effect it has on other patrons. Now I’ve noticed interesting psychological effects. If I’m lucky, I’ll be able to have a good conversation with someone sitting next to me playing using the same strategy, and I’ll just brush off the waitresses offering over-priced drinks. You can do it mechanically if you can calculate binomial probability in your head (basically requires you to do factorials and division as mental arithmetic). This means you can’t count cards, and the game has very close to break-even odds if you play perfectly. The games are played four or more decks, mechanically shuffled between hands, and the dealer is required to hit or stand based on the sum of their cards. I’ll by $200 worth of chips, sit at a $30 table, and try to walk out with the same amount at the end of the night. I never bet on a race that I’m not actually physically present for.

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If I lose the $20, it isn’t a big deal – a movie ticket costs more than that anyway. If I can get back may $20 and whatever I paid for parking, I figure I’m doing OK. I’ll get up close to the horses and try to place informed bets. If I go to a country horse racing meet, I’ll take $20 to bet with bookmakers. At one company I worked for, the founder was happy for staff to gamble outside work so they’d get “gambled out”, but he’d sack people on the spot for gambling on the job rather than neutral trading. To further elaborate on my comment about gambling in the other thread, I don’t have a huge philosophical problem with gambling, as long as all parties are upfront about what it is. As a parent myself, it is important to teach your children life lessons, and the OP there seems intent on not doing that.

r/pinball - Pinball specific discussion. r/arcade - Original CoinOP Arcade specific discussion.

r/RetroGamingNetwork - a multireddit for retro gaming! r/HyperSpin - HyperSpin specific discussion. R/MAME RULES/REGULATIONS REDDIT'S ARCADE COMMUNITY Over time, MAME (originally stood for Multiple Arcade Machine Emulator) absorbed the sister-project MESS (Multi Emulator Super System), so MAME now documents a wide variety of (mostly vintage) computers, video game consoles and calculators, in addition to the arcade video games that were its initial focus.

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The fact that the software is usable serves primarily to validate the accuracy of the documentation (how else can you prove that you have recreated the hardware faithfully?).

HARPOON LAGOON ARCADE GAME BONUS CODE

The source code to MAME serves as this documentation. This is achieved by documenting the hardware and how it functions. As electronic technology continues to rush forward, MAME prevents this important 'vintage' software from being lost and forgotten. MAME’s purpose is to preserve decades of software history. MAME is a multi-purpose emulation framework. Questions? Please check out OUR MAME/BYOAC Wiki!

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