Tom Robertson wrote: I believe the main attraction of most gamblers is
unpredictability and uncertainty, for which they're gladly willing to
pay expected value. Machines that take that away from them aren't going
to be popular.
I challenge your premise, Tom. While you are likely correct on what
attracts you, me, and many others, there are several motivations for
gamblers. There are any number of gamblers who are definitely NOT
"gladly willing to pay" when they lose. Many are very nervous about the
gambling phenomenom. Guaranteed Play is not targeted to competent,
experienced gamblers. It is more targeted to newbies and others who are
uncomfortable with straight up gambling.
The main attraction of GP is likely the insurance aspect. While not
cheap, this insurance protects against the big loss. If GP can find and
keep enough of these "nervous Nellies", perhaps it can succeed.
Bob Dancer
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