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But the point really isn't to make a lot of money (except maybe the big casinos available in Atlantic City), but rather to get gamblers in debt so you can then lean on them to get goodies in return - vehicles, good business contacts, contacts with other outfits and hoodlums, or - best of all - the occasional free building.
I have just followed this up with an experiment;
Chicago base map with latest update
3 small table games across 3 gambling dens
All the managers have zero relevant skills to assess base odds without modifiers
Kicked every patron after a win so no repeat winners
I didn't roll over any debts so no repeat losers
Which resulted in, over 13 turns, 116 bets placed, with 13 wins
This gives a probability of ~1:9 win chance over my sample compared with the 1:20 stated in game
Assuming that the win probability is independent and the p=0.05 my sample has a 1:489 chance of occurring or 0.2% - so should be very unlikely
It is more likely that the small games tables is not really a 1:20 probability but rather much higher making this gambling option a statistical loss maker on average. I could repeat the experiment with a larger sample size but unless anyone says otherwise I think people should avoid small table games in Chicago
Sorry, I should have been more patient.
I carried it on from before and eventually got 21 winners out of 308 bets placed which is very close to the 1:15 expected. This included 1 winner in the last 81 bets. So over the very long term the odds do average out, even if starts badly.
I don't know if anyone has said this before but it looks like the gambling is pseudo-random with a rather long sample period. Though, I might be completely wrong again
Thanks. I might try more over the weekend to better understand it but there are definitely some bugs. I noticed a vast slow down in new regular customers after a point. Maybe each gambling den has a fixed number of regulars? Or did it affect walk-ins as well, I didn't check.