In the world the way we live it right now, we have institutions that exist that didn’t exist in the past. One of these institutions is advertising. Advertising tries to sell you an idea that things are a certain way and that there will be certain results if you follow what the advertising tells you to do. For instance, if people watch television, you’ve all seen advertising for the casinos that exist in the locale now that they’ve been legalized in Pennsylvania and that they’ve been in New Jersey for awhile. So people go to casinos with the idea that they’re going to have some kind of wonderful time and that they have an opportunity to even win money, a great opportunity.
The truth is that the games in the casinos are fixed, fixed in an overall, general, accepted, legal way. The odds as to the games are such that if you keep playing you will lose all your money. The odds on the slot machines are geared to give you a payback between 88 and 92 to 95 per cent depending on the casino. Which essentially means that if you put a $100 into a slot machine, you’ll get about $92 back. And then if you put that $92 in, you’ll get 10 percent or something less than that until you eventually run out of money.
So, here you have this advertisement that’s telling you “Come here and have this wonderful time! Have this exhilarating experience!” when the reality is that they are setting you up for an experience that will rob you of your wealth depending on how long it takes you to discover the fact that you can’t win. Now, what happens to a lot of people is…
