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In part, it has something to do with casinos ability to hide their true price from even the savviest of gamblers. An important economic theory holds that when the price of something goes up, demand for it tends to fall. But that depends on price transparency , which exists for most of the day-to-day purchases we make. That is, other than visits to the doctors office and possibly the auto mechanic, we know the price of most products and services before we decide to pay for them. Slots may be even worse than the doctors office, in that most of us will never know the true price of our wagers. Which means the law of supply and demand breaks down.

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