Candy Spelling Wins $90K At Slots - But Do The Math
Yesterday when I read about Candy Spelling winning $90K while playing slots in Vegas and her other big wins of $200K and $180K I thought that is pretty impressive. But you know what? It really is not all that impressive. First of all she only has three big wins in four years of playing. Plus, it is not like she is playing quarter or dollar slots. Candy is playing slots ranging from $100 to $1000. Many people will put in $100 into a dollar slot machine. Sometimes you make your $100 back, but most of the time you don't. So, if Candy put $100K into a slot machine when she goes or even assuming she plays the $100 slots, then $10,000 a time, and you only have three wins to show for it in four years, then that is not that great of a return. It is not like she is only going once a year and pulling the lever once.
