This has been repeatedly validated in studies of gamblers' recollections of their activities. People tend to allow superstitions and preconceived notions to color their perceptions. Then, head downstairs to Harrahs casino, which has over.

And perception is known to be heavily influenced by expectation and emotion. Enjoy a variety of choices in accommodations, from comfortable rooms to large Presidential Suites. A bit like flipping a coin 3 times in a row and getting all heads, then thinking that the 4th toss is more or less likely to be a tail. People look for patterns and attribute statistical validity to small variations and perceived trends when in fact the observed changes are simply random variations.

The actual percentage difference in total payouts at the major casinos is so similar, and the amount of time one would have to spend analyzing payouts to spot a 2% difference with 95% certainty is so large, that you'd have to spend hundreds of hours to identify that difference.ĭavid's perception is all part of what's known as the 'gambler's fallacy'. It is literally impossible for any single gambler to perceive an actual difference in overall payouts from one casino to another in Las Vegas.

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