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Sep 10, 2018  

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Winning investors know that stocks are money machines, not slot machines - MarketWatch

Easy: Buy stocks before the market goes up; sell before the market goes down. All you need to do is predict whether the market is going up or down. If only things were so perfect. But too many investors waste time and money trying to discover reliable patterns in the market. Here’s just a sampling of what people have tried: • The market does well in years ending in 5: 2005, 2015.

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Man Wins $875K in Detroit Casino on Slot Machine

Man Wins $875K in Detroit Casino on Slot Machine In the past, he had won hundreds of dollars – not hundreds of thousands. The man decided to remain anonymous because he wanted to keep his winnings a secret. He said while he doesn’t know what he is going to do with the money, he does plan to take his family on a vacation. This large jackpot represents the third time that the Wheel of Fortune games have resulted in large jackpots in the area. In 2015, someone won $2 million while playing the Wheel of Fortune slot machine. In 2004, someone else won $1.77 million through gameplay. Progressive slots, which many of these slot machines are, mean the odds of winning, as well as the pot itself, continue to accumulate if no one wins. The player who eventually wins the overall pot would have gotten more money with less money spent. The entire system runs on an algorithm. So, when the algorithm comes up, that is when a jackpot is won. The algorithm occurs randomly, so the larger the jackpot is, the longer it will be before the winning numbers are hit.

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