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There are basically three outcomes: He loses everything, hits a considerable jackpot and wins big, or makes or loses a little but manages to walk away before the odds turn decidedly against him. Of course, the first outcome is far more common than the other two it has to be for the casino to maintain its house advantage. The funds to pay big jackpots come from frequent losers (who get wiped out). Without all these losers, there can be no big winners which is why so many people play in the first place. Specifically, the sum of all the individual losses is used to fund the big jackpots. Therefore, to provide enticing jackpots, many players must lose all of their Tuesday night bankroll.

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Ralph Northam this spring and effective July 1, directs the Virginia Racing Commission to approve regulations to make the racing and slot machine use happen. We are in the process right now of looking at the regulations. And, you know, there are a lot of different folks that are interested in racing and gaming, and we want to be fair to everybody, so were going through that process right now and vetting things. Hopefully at the end of the day well come up with regulations that are fair and that will be in the best interests of Virginia, Gov. Ralph Northam said in an interview. Colonial Downs is not an aging track like Marylands Pimlico Race Course, which dates back nearly 150 years . Colonial Downs opened in 1997 after a lengthy debate in the state about where to put a new horse-racing track. The new Colonial Downs owners hope to run about 25 days of racing each year. It is not clear how many of the slot machine-style units the Racing Commission plans to allow at the track or at each off-track betting facility. The commission is scheduled to meet again next week, but no agenda has been posted.

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