By timothy from Slashdot's applied-mathematics department
writes with a link to Atlantic writer Mark Bowden's account of how one gambler has cleaned up against casinos: "[B]lackjack player Don Johnson won nearly $6 million playing blackjack in one night, single-handedly decimating the monthly revenue of Atlantic City's Tropicana casino after previously taking the Borgata for $5 million and Caesars for $4 million. How did Johnson do it? For one thing, Johnson is an extraordinarily skilled blackjack player. 'He plays perfect cards,' says Tony Rodio. But that's not enough to beat the house edge. As good as Johnson is at playing cards, his advantage is that he's even better at playing the casinos. When revenues slump as they have for the last five years at Atlantic City, casinos must rely more heavily on their most prized customers, the high rollers who wager huge amounts and are willing to lessen its edge for them primarily by offering discounts, or 'loss rebates.' When a casino offers a discount of, say, 10 percent, that means if the player loses $100,000 at the blackjack table, he has to pay only $90,000."Read Replies (0)
By timothy from Slashdot's those-ndas-must-have-really-hurt-your-backs department
crookedvulture writes Nvidia has lifted the curtain on reviews of its latest GPU architecture, which will be available first in the high-end GeForce GTX 680 graphics card. The underlying GK104 processor is much smaller than the equivalent AMD GPU, with fewer transistors, a narrower path to memory, and greatly simplified control logic that relies more heavily on Nvidia's compiler software. Despite the modest chip, Nvidia's new architecture is efficient enough that The Tech Report, PC Perspective, and AnandTech all found the GeForce GTX 680's gaming performance to be largely comparable to AMD's fastest Radeon, which costs $50 more. The GTX 680 also offers other notable perks, like a PCI Express 3.0 interface, dynamic clock scaling, new video encoding tech, and a smarter vsync mechanism. It's rather power-efficient, too, but the decision to focus on graphics workloads means the chip won't be as good a fit for Nvidia's compute-centric Tesla products. A bigger GPU based on the Kepler architecture is expected to serve that market."
Read on below for good news (at least if you prefer Free software) from an anonymous reader.Read Replies (0)