Who Is The Ultimate Slot Machine Cheater?

According to experts it’s a no contest, there is only one person at the top, he is currently working on an anti-cheating device. He claims that all known cheating devices will be made obsolete once his invention has been perfected.

Tommy Glenn Carmichael is considered the best slot machine cheat in the history of slot machines, he is an ingenious inventor. For approximately 20 years he designed slot machine devices that allowed him to steal from casinos across the Caribbean and the United States.

In 1980, an old friend of Carmichael’s visited him at his Tulsa, Oklahoma Television repair shop. His friend Ray Ming had something to show Carmichael, a Bally’s slot machine.

Carmichael started at the bottom with a 5-cent machine at a casino near the Vegas strip, this was his first target. The outcome was $35, according to legend. The down side to his foray into this type of cheating hit its first problem as the old machines were being replaced. Carmichael was forced to try the smaller casinos. The move to these casinos led to his first arrest as he was caught at one of them and served several years in jail.

As is normally the case in jail, you have the opportunity to improve your criminal mind. In 1987, Carmichael was released and quickly found the machines he knew had been replaced. New slot and video poker machines now used microprocessors and RNG’s (random number generator software).

Carmichael purchased an IGT Fortune One video poker machine … Read more

Is Technology Changing Our Brain Formatting – Should We Change Our Educational System To Match?

Not long ago, I was discussing with our think tank some of the challenges with all this new technology and all the information known to mankind literally in the palm of every student lucky enough to have a parent who bought them a smartphone. When holding all this knowledge in their hands – it’s no wonder they feel it a wasteful effort to memorize anything – “why bother, I can just look it up!” Well, they are right, even if we know there are some things they do need to know (memorize) and think about to survive in this world. Let’s talk.

Yes, the digitizing of the world, creates a different reality, one for which our brains and bodies were not necessarily evolved for, therefore human-centric technology is the key, and we need that before we go too much further. On the plus side, and it is a big PLUS, we open our horizons when we become digitally connected in such abundance. And, it is not the technology that is the problem alone, it’s how it’s used. That is the real digital divide. One person may use the technology to send pictures of “cats” to friends on Facebook, another might use it to collaborate with Canine Researchers around the planet to save big cats from extinction. Now then, the latter is much better of course, but we must allow freedom to choose how one wishes to use the technology gift before them right?

I read an interesting article the other … Read more

Impact of Technology on Business

Together with the advancement of science and technology, technological innovations grew along with it, resulting to the emergence of new equipment and gadgets. No matter how big or small your company is, technology brings both intangible and tangible benefits to become cost efficient and to meet the growing demands and needs of customers. Technological innovations affect corporate efficiency, culture and relationship among employees, clients, suppliers and customers. The type and quality of technology used affect the security of confidential business information.

Due to the burden brought by administrative tasks, like inventory, bookkeeping and records keeping, both big and small companies rely on computers to do their administrative works. The birth of Internet and online social networking sites tremendously decreased the costs of business operations. It also makes it easier for companies to use the Six Sigma management methodologies. Some firms shifted to outsourcing instead of hiring their own personnel due to the low costs associated with it. Because of the huge impact of technological innovations to companies, it is impossible for them to live with it.

Commonly used high technology equipment:

  • Computers
  • Photocopier
  • Telephone
  • Computer printer
  • Internet
  • Paper shredder
  • Multimedia projector
  • Touch screen monitors
  • Computer mouse
  • Laptop computers

Advantages of Technology to Business:

  • Customer Relations. Technology affects the way companies communicate and establish relations with their clients. In a fast moving and business environment, it is vital for them to interact with clients regularly and quickly to gain their trust and to obtain customer loyalty. With the use of Internet
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Bitcoin Basics

For someone not familiar with Bitcoin, the first question that comes to mind is, “What is Bitcoin?” And another common question that is often asked relates to the Bitcoin price. It started out a under 10 cents per Bitcoin upon its introduction in early 2009. It has risen steadily since and has hovered around $4000 per Bitcoin recently. So regarding Bitcoin value or the Bitcoin rate this is a most remarkable appreciation of value and has created many, many millionaires over the last eight years.

The Bitcoin market is worldwide and the citizens of China and Japan have been particularly active in its purchase along with other Asian countries. However, recently in Bitcoin news the Chinese government has tried to suppress its activity in that country. That action drove the value of Bitcoin down for a short time but it soon surged back and is now close to its previous value.

The Bitcoin history chart is very interesting. Its creator was an anonymous group of brilliant mathematicians (using the pseudonym Satoski Nakamoto) who designed it in 2008 to be “virtual gold” and released the first Bitcoin software in early 2009 during the height of the USA economic crisis. They knew that to have lasting value, it like gold had to have a finite supply. So in creating it they capped the supply at 21 million Bitcoin.

Bitcoin mining refers to the process by which new Bitcoin is created. With conventional currency, government decides when and where to print and distribute … Read more

Negotiating Technology Contracts

Have you ever tried to negotiate a deal for software, computer equipment, or consulting services with a technology company? The task can be daunting. Unfortunately, the sales forces of most IT companies are armed to the hilt with techniques to get the best deal for them, and not necessarily the best deal for you. And even worse, most of us computer folk (like myself) have never been trained in the art of negotiation, so it can be difficult to spot a snake in the grass. Before you begin negotiating a technology deal, know what you’re getting in to.

Solicit, Don’t Be Solicited

I receive at least three calls each day from technology vendors interested in selling something: hardware equipment, software tools, consulting services, etc. Usually, these calls are “cold”. My name somehow landed on a telemarketing list in the hands of some vendor who is calling me out of the clear blue sky hoping that what they sell somehow matches what I need. You can waste hours on the phone letting some non-technical, script-reading, telemarketer or sales representative chew your ear off about their latest and greatest gizmo. Very rarely do these types of calls ever translate into a real business opportunity.

The most popular cold call opening is “Good morning. This is Joe from the XYZ software company. We offer break through whatever solutions to help you reduce your total cost of ownership for whatever. Let me ask you, are your responsible for managing your companies whatever investment?” I … Read more

How Bitcoin Works

Bitcoins are a decentralized form of crypto currency. Meaning, they are not regulated by a financial institution or the government. As such, unlike a traditional bank account, you do not need a long list a paperwork such as an ID in order for you to establish what’s known as a bitcoin wallet. The bitcoin wallet is what you will use to access your bitcoins and to send bitcoins to other individuals.

How To Setup An Account

You can acquire a bitcoin wallet from a bitcoin broker such as Coinbase. When you open up a wallet through a certified broker, you are given a bitcoin address which is a series of numbers and letters, similarly to an account number for a bank account and a private key which is a series of numbers and letters as well, which serve as your password.

How Does Bitcoin Work As An Anonymous Payment Processor

You can do 3 things with bitcoins, you can make a purchase, send money anonymously to someone or utilize it as an investment. More and more merchants have been accepting bitcoins as a form of payment. By utilizing bitcoins instead of cash, you are essentially making that purchase anonymously. The same thing goes for sending money, based on the fact that you do not have to submit a mountain of payment in order for you to establish a bitcoin anonymously, essentially you can send money to someone else anonymously.

How Does Bitcoin Work As An Investment

The price of a … Read more