This is a summary of the text:
The text is a transcript of a video that explains eight traps or tricks that are used in fair games to make them harder or impossible to win. The author gives examples of how some games are modified, such as hook machines, razzle dazzle, rings, darts and balloons, basketball, stacked bottles, swinger and dunk the balls. The author also cites some sources and studies that reveal the probabilities and frauds of these games. The author admits that he still enjoys playing some of these games as long as they are fair and fun.
Here are the key facts extracted from the text:
1. The text is about 8 traps seen at fairs and how they are rigged or modified to make them harder or impossible to win.
2. The text cites two sources from 1978: a book by Beale El Howard called Carnival Fraud 101 and a work by Beale Reagan called Probabilities of Winning in the Fair Games.
3. The text explains the tricks and techniques used in different games such as hook machines, razzle dazzle, basketball, darts and balloons, dunk the balls, stacked bottles and swinger.
4. The text also mentions some examples of people who managed to win or expose some of the frauds, such as a retired FBI agent and a man who donated stuffed animals to hospitals.
5. The text concludes by saying that the author would still play some of the games for fun and entertainment as long as they are fair.