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The Uber Bombshell About to Drop

danielcompton.net

541–542 of 542 posts

Re: The Uber Bombshell About to Drop

#541

Earlier quoted context omitted.

How is what Austin did good? It dissuades capital investment and innovation. City governments were why rides were so expensive and service was poor for decades upon decades. Taxi licensing and medallions priced out everyone. Soon Austin's city government could easily be "captured" and limit the number of drivers, driving up ride prices and stifling competition. That wouldn't be market demand driving (unlike surge pri…

Are you kidding? They proceeded to create an incubator of competitors with both of the biggest players out of the way. I've watched several of these apps grow and thrive because of the market that Uber & Lyft created and then abandoned.

Banning Google would create a lot of small competitors too, that doesn't mean that's a good thing to do.

Re: The Uber Bombshell About to Drop

#542
post #348

Earlier quoted context omitted.

I have only played slots for a few hours, but my lifetime average is up ~3x and a few hundred dollars vs. what I put into the machines. So, I think they are set fairly close to break even as that's from a few dozen minor wins vs a single jackpot. Honestly, if every single time someone played for 3+ hours they where always down then fewer people would come back. That said, they probably set machines in very high traff…

It's likely that the RNG's in slots don't produce uniformly distributed wins and losses except over long timeframes. A machine that's truly random will result in everyone losing money slowly and reliably after a large number of pulls. So not fun. A machine built to have the odds wander around over a period of time will be more unpredictable with a greater earnings spread

not allowed in Nevada. odds on a slot machine can be changed but

State law allows them to change the odds after a machine has been idle for four minutes, and then they must not allow anyone to play the machine for four more minutes. During that time, the screen must indicate a change is being made to the game's configuration, said Travis Foley, laboratory manager for the technology division of the Nevada State Gaming Control Board, who is overseeing the Treasure Island test.

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