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chuckstayesterday at 2:45 PM2 repliesview on HN

Potential for fraudulent activity makes something a scam? That list is gonna be long


Replies

Tade0yesterday at 4:23 PM

"Gaming"[0] companies are audited for the expected value each coin toss/slot machine roll etc. has - typically it's a high and unusually precise percentage, like e.g. 95.1681%.

The scam in is advertising, that emphasizes how much you can potentially win, even though obviously on average the house takes those few percent each time.

[0] A term they like to use to describe themselves.

testing22321yesterday at 8:03 PM

With regards to gambling, yes. The list is all of it.