Michael Ferguson - Page 4

                                        - 3 -                                         
          money or credits and then play poker against a computerized                 
          machine.  See id.  One does not play against other players but              
          simply tries to obtain the best hand.  After the player’s draw,             
          “the machine evaluates the hand and offers a payout if the hand             
          matches one of the winning hands in the posted pay schedule.”               
          Id.                                                                         
               Some people, including petitioner, think that if one were to           
          play video poker in a mathematically and theoretically perfect              
          manner, eventually one would realize a profit.  Petitioner                  
          testified that he tried to only play on machines with an expected           
          payout value of a 100-percent return, meaning he thought he would           
          never lose money;2 he also testified that the only way to get a             
          return of more than 100 percent is to play on a “progressive”               
          machine.3  He further testified that despite his hours of                   
          practice on a computer and diligent study of the perfect way to             
          play the game, “it didn’t work”.4                                           


               2  A payout value or payback rate is the expected return a             
          particular game will provide when played over a long enough                 
          period of time.  See http://en.wikipedia.org/wiki/Expected_value.           
               3  A progressive machine is one which contributes to a                 
          progressive jackpot.  A progressive jackpot, the highest payoff             
          possible for a gaming machine, arises from a group of several               
          gaming machines linked together.  See                                       
          http://en.wikipedia.org/wiki/Progressive_jackpot.  A small amount           
          from every game played on each of the machines increases the                
          value of the jackpot, and the jackpot winner receives money                 
          pooled from the entire group of linked machines.  See id.                   
               4  The Court suspects that petitioner’s strategy did not               
                                                             (continued...)           




Page:  Previous  1  2  3  4  5  6  7  8  9  10  11  12  Next

Last modified: May 25, 2011