You’re obviously going to lose money over time, but what makes craps fun is high variance. It’s pretty common to double or triple your money before losing it all and then some. You can definitely walk away a big winner if you’re just playing for a night or a weekend, though chances are, you won’t.

Slots on the other hand is just a depressing one way money drain and I have no idea why people enjoy them.

I'm a morning person and so, even in Vegas (or moreso since there's no clock in the room), I was up at my normal time. Since I'm also normally on EST, this meant I was awake at 0300 or 0300. The first morning I tried to find breakfast early and found that the slots were full of disabled and/or elderly people who were trying to win their way to riches. And it was the slots that they seemed to think was the best way to get there.

Talk about depressing ... I didn't mind spending a few bucks gambling for the entertainment and comaraderie but these people definitely couldn't afford even a single pull of the handle. Talking to a relatively low-level employee at the casino, she said that the floor was full that day because it was the week that public assistance checks were received in the mail ... and that the casinos shooed them out of the building by 0600 or 0700 so that the regular guests were unlikely to see what was happening.

I’m not sure if many people enjoy them. A lever that dispenses random rewards is basically a purpose built addiction machine.

I saw a woman win 15k last night. On an 88¢ bet on a slot machine.

That’s one reason why people play them: they know people do occasionally win big. Why not them?

I go slightly more risky. Putting a little more at risk by placing a few come bets plus odds too.

Same here. Last time I was at a craps table: pass line, come bet, with odds on both. Made something like $500 in less than an hour ($5 table). Granted, this doesn't happen every time. I do lose money sometimes. But, the atmosphere is fun. Chips flying all over the table... everyone drinking and feeling loose... laughs, jokes, chatting with others... the cheer when the shooter hits... camaraderie... it's great. Definitely better than sitting in your room. I see it as a form of entertainment. Before I go gambling, I plan it out. Determine how much I can comfortably play with. I also expect that I will lose it. And then once the money is gone, I'm done gambling.

I've heard this strategy before - go to the penny slots for the drinks, not the money

Slots is the absolute worst thing you can play with highest house edge and expected loss by far. It's also mind numbingly boring.

Not true; some slots are positive expected value