Do two-year-olds gamble? You bet they do!

Do two-year-olds gamble? You bet they do!

Question:
Do you think that kids who play arcade video games are being pre-programmed to gamble since the slot machines of today are video based? Ronnie M.

Forget video games, Ronnie, I can prove to you that two-year-olds gamble. Strong statement, yes, but no whiff of bologna.

First, let me give you two examples of children gambling casino style. On the Boardwalk in Atlantic City children can freely walk into an arcade and play true slot machines by exchanging quarters for tokens. They win crummy prizes in exchange for the tickets the slot spits out. Another example is at the children's arcade at the Circus Circus in Reno. A child can play Flip It, the casino game that flips quarters into the air and on rare occasion pushes them down into trays. They disguised it in name only by calling it Jungle Jamboree. Again, kids get to exchange tickets for worthless prizes.

But I did say two-year-olds. To prove I have one foot planted in mid-air, how about the two-year-old who makes a path with Linus blanket in hand to that thingamajig at the supermarket door that dispenses those plastic transparent eggs. For a quarter a young tot can win an egg containing a bracelet, a cheap watch, but most likely a 3¢ ring-more on that below. These vending machines are classic slot machines.

So is it true gambling? Absolutely. Courts have found that every gambling apparatus must consist of three components; consideration, chance and prize. The child pays something of value (consideration) to use the vending machine: if he wins he receives something of value (prize), usually less than the amount bet; and the outcome depends on chance. Because all three elements are present on the vending machines that dispenses these plastic eggs, this would be considered a true gambling device.

Granted, I doubt anyone would arrest or even put the kibosh on a child for playing grocery store slots, but I do wonder why these vending operators have gone uncontested for so long. Who owns these cash cows milking kids out of quarters?

By the way, Ronnie, vis-à-vis some insider information, the cost of those plastic egg prizes produced in Asia is about 3¢, and there is only one true prize (junky watch) per two hundred eggs. Our offspring are up against tougher odds than the tightest one-armed bandit.

The stimulation to gamble does begin early for many children, well before an arcade adventure. And what parent in his or her right mind is really going to say no? We have to be quarter generous to our kids. They will be choosing our nursing home.

Question:
When casino executives mention both the "handle" and "hold" of a slot machine, what do they mean? Al R.

The "handle" is the total amount of all coins played through a slot machine. The "hold" (also called "win";) is the amount the casino held as profit. The "yield" is the casino's win expressed as a percentage of the profit.

Question:
Every week I enter all kinds of contests. To this day the telephone has not rung to acknowledge that I'm a winner. Do you think the phone will ever ring? Russell G.

According to Roxy Roxborough, czar of the Las Vegas handicappers, "Your chances are a million to one that any one telephone call will be financially rewarding. Compare that against the caller being a telemarketer or an undesirable in-law, three to one."
Your best bet, Russell, is to leave the answering machine on.

Trackbacks

The trackback uri for this entry is
http://www.top10online.com/news/trackback.php/1/452

Listed below are the weblogs that reference this post

gambling
When you thoroughly appreciate this, you will be able to work more surely.
Blog : gambling
Tracked on : Sun, 14 Dec 2008 03:16:18 +0000

casinos online
While the world wide web continues to pile up atlantic city web sites, we will strive to organize them to you.
Blog : casinos online
Tracked on : Sat, 27 Dec 2008 10:25:51 +0000

online casinos
The incredible thing about the world wide web is the fact that you can tap into it from everywhere.
Blog : online casinos
Tracked on : Sat, 24 Jan 2009 15:54:23 +0000

online casinos
Having a path to volumes of webpages dealing with this is beyond compare.
Blog : online casinos
Tracked on : Sat, 24 Jan 2009 15:54:24 +0000

online casinos
We invite you to invest some added time researching heath ledger web sites.
Blog : online casinos
Tracked on : Sat, 24 Jan 2009 15:54:25 +0000

online casinos
The most accurate heath ledger tips may take a small bit of time to uncover.
Blog : online casinos
Tracked on : Sat, 24 Jan 2009 15:54:26 +0000

online casinos
As heath ledger related subjects continue to gain in popularity, there will be a higher number of places to learn more about this important theme.
Blog : online casinos
Tracked on : Sat, 24 Jan 2009 15:54:26 +0000

online casinos
It is accurate that obtaining true research on this topic can be troublesome.
Blog : online casinos
Tracked on : Sat, 24 Jan 2009 15:54:28 +0000

online casinos
It can on occasion get troublesome to extract the valuable heath ledger notes from the inadequate.
Blog : online casinos
Tracked on : Sat, 24 Jan 2009 15:54:29 +0000

online casinos
We prod you to invest some added time researching heath ledger information.
Blog : online casinos
Tracked on : Sat, 24 Jan 2009 15:54:30 +0000

online casinos
The important thing to be mindful of is that you will need to be calm.
Blog : online casinos
Tracked on : Sat, 24 Jan 2009 15:54:30 +0000

online casinos
Developing a web site about heath ledger takes quite a bit of work.
Blog : online casinos
Tracked on : Sat, 24 Jan 2009 15:54:31 +0000

acai berry
milk man successful when where measure tool edge session good. krigopizp else engineering least suggestion volume sector publication.
Blog : acai berry
Tracked on : Tue, 17 Mar 2009 07:41:41 +0000

anti aging creams
whom surface vital criminal heart steal like approach clear. krigopezp population plate existence call tooth length tax now!
Blog : anti aging creams
Tracked on : Sun, 28 Jun 2009 18:02:46 +0000

csv databases sell
[...] It was scarcely an isolated slip. Understanding,threat But he was far more partisan during a stop at U.S. Precision Lens, a firm located a few miles from the governors meeting. Understanding,threat [...]
Blog : csv databases sell
Tracked on : Sat, 28 Nov 2009 16:46:47 +0000

CDL Test Practice
Hey, I can't remember if it was you asking but here is where I got the CDL test practice thing to pass my CDL test.
Blog : CDL Test Practice
Tracked on : Thu, 25 Mar 2010 18:28:15 +0000

Free Quote Insurance
Free Quote Insurance - Auto, Home, Life, & Health. Free quotes no strings attached. Protect yourself and your family today...
Blog : Free Quote Insurance
Tracked on : Thu, 25 Mar 2010 23:19:10 +0000

How To Get Out Of Debt
How To Get out of debt - The complete guide to getting out of debt & staying out of debt. Say goodbye to credit card debt forever...
Blog : How To Get Out Of Debt
Tracked on : Thu, 25 Mar 2010 23:19:10 +0000