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Dealing with Anguish

I received the following email recently: “I have been playing a few years and consider myself a pretty good player. I consider myself Bob Dancer-trained and try to play accordingly. I have given up at least six royals going for the high pair. My question is how you overcome the mental anguish of missing the royal. It takes me days to get over it. I am retired, play 10 to 20 hours a week of 9/6 Jacks or Better or 8/5 Bonus Poker. Help me, please. Anguished in Ann Arbor.”

I did some calculation and my best guess is that this has happened to me between 600 and 700 times. But it’s a guess, because I have no recollection of it EVER happening. This guess is based on how many million hands I’ve actually played, on which types of games, and how many were on single line compared to Triple Play through Hundred Play.

We’re talking about a hand such as K♦ Q♦ J♦ 5♦ K♠, where the correct play depends on the game and pay schedule. If you’re playing Jacks or Better or Bonus Poker, like Mr. Anguished is prone to do, you hold the kings. If you’re playing Deuces Wild, you hold the suited KQJ. If you’re playing Double Bonus where flushes return 7 for 1, you hold all four diamonds.

If you hold the kings (whether it’s the correct play or not), once in 1,081 times the first two cards out will be A♦ T♦. Also, once in 1,081 times the first two cards out will be the 7♥ 3♣. As far as I am concerned, these two situations are equally relevant.

After I’ve held the kings and pressed the draw button, my “job” is over for this hand, and it’s time for me to start concentrating on the next hand. The best I can do is to play the hands perfectly. Going back and changing the past is not something I know how to do.

Although I prefer that I end up with four kings on this hand, I’m not too invested in that result. I know that I’ll get the 4-of-a-kind one time in 360 (more precisely three times in 1,081), full houses, 3-of-a-kinds, and two pair more frequently than that, but the hand will stay a single high pair more than seven times out of ten.

I have this type of draw numerous times every week. Sometimes I connect on the 4-of-a-kind and usually I don’t. Over the course of a year or two, it’ll average out pretty well, whether tonight is lucky or unlucky.

I suspect I’ve ended up with a 4-of-a-kind from this kind of position more tha 2000 times in my life. What this also means is that I’ve thrown away the royal more than 600 times from this same position. Drawing three cards to a high pair, you get any specific two cards (i.e. the cards that fill in the royal) one time out of 1,081 and you complete the 4-of-a-kind three times out of 1,081. Over the course of years, the numbers come out very close to this.

How many of this estimated 600 missed royals have I noticed? Exactly zero. Checking to see how the cards would play if I made an alternative, inferior, draw is a huge waste of time in my opinion. Doing this consistently would reduce my speed from 800 hands per hour to about 400. Why on earth would I want to waste that much time? Since I’m playing only when I have the advantage, this is slashing my dollars-per-hour win rate in half. It’s not only worthless information, but it’s expensive to gather. If you’re playing Fifty Play or Hundred Play, it could take several minutes at the end of each hand to work through all of this. Why bother?

Mr. Anguish seems to have the core belief that a missed royal is a tragic thing. He ignores the fact that trying for the royal every time (so that he can be assured of getting it when the cards are just right) would have cost him an extra 6,000 coins for every extra 4,000-coin royal received. He berates himself for not being clairvoyant enough to see the unforeseeable future.

The only reason Mr. Anguish takes the time to do this is to check whether he should feel really, really awful this time. One time in 1,081 he discovers that yes, indeed, feeling really, really awful this time is appropriate. The relief he feels the other 1,080 times is likely minimal.

To me, ignoring the specifics of a “what if” draw comes naturally. Perhaps Mr. Anguish is compelled to do this and can’t help himself. I don’t know. Offering useful advice on how you should deal with your compulsions is something I’m not good at. If this is something Mr. Anguish can learn NOT TO DO, I believe his life will work better.

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Does This Make Sense?

This is a column for “low intermediate” players and it involves 4-card inside straights in games where you get your money back for a pair of jacks or better, same payout for two pair, and 4-for-1 for straights. It also involves a paradox of sorts.

There are a lot of these games — Double Double Bonus, White Hot Aces, Triple Double Bonus, Triple Bonus Poker Plus, Super Aces Bonus, and others. What I’m talking about today does not work for games where you get double money for two pair (i.e. Jacks or Better or Bonus Poker), nor does it work for games where you receive 4-to-1 for straights (i.e. the best versions of Double Bonus.)

That last sentence should have caused many of you to do a double take. I said 4-to-1 rather than the more common 5-for-1. They are equivalent, but often players are a bit loose with their terminology. When a pay schedule lists numbers, the returns are always “for 1.”

Here’s the paradox:  Holding 4-card inside straights with no high cards (e.g. 4578 of mixed suits) is eligible to be held in these games.  (“Eligible” means better than throwing everything away. There may or not be higher paying options in the hand.) Assuming you’re playing dollar 9-6 Double Double Bonus, five coins at a time, holding this inside straight is worth $1.70. Holding 4-card inside straights with one high card (e.g. QT98 of mixed suits), worth $2.02 in the same game, is never held.

Both inside straight draws have four cards to fill them in. When there’s a high card involved, there are also three chances to pair up that high card. Of the 47 possible draws, three extra chances to get $5 (the payout in this game for a high pair), add 3 * $5 / 47 = 32¢, which is the difference between $2.02 and $1.70.

I call it a paradox because the greater of the two hands is never held and the lesser of the two hands is held sometimes (depending on the fifth card). So, what gives?

If you haven’t seen or heard this paradox before, I strongly urge you to see if you can figure it out for yourself before you read on. I’ll wait. No matter how many video poker paradoxes I write about, there are hundreds more that I will never get to. If you’re going to become a decent player, you’re going to have to learn to think for yourself.

The key to the paradox is using absolute values to deflect attention from relative values. The $1.70 and $2.02 numbers are absolute values — that is, what the position is worth on average if you play it out zillions of times.

What is important in video poker, however, are relative numbers. In the hand 4♠ 5♥ 7♣ 8♦ 2♠, we’ve already said the value of holding 4578 is $1.70. The important thing is that the value of throwing everything away is $1.62. Those are the best two choices, and the better of these two is to hold the 4-card inside straight.

From Q♥ T♥ 9♣ 8♦ 3♠, we’ve said the value of holding the 4-card inside straight is $2.02, but the value of holding the queen by itself is $2.12, and the value of holding the suited QT is $2.23. Relatively speaking, the value of $2.02 is less than the value of holding either the single high card or the high card with a suited ten.

Every time there is a 4-card inside straight with one high card, there is necessarily a high card by itself in the same hand — and sometimes a high card with a suited ten. So, we’re never going to hold this inside straight.

The fact that holding this inside straight is better than throwing everything away is interesting, perhaps, but irrelevant. We’re looking for the play with the highest EV, and throwing everything away isn’t going to qualify when there’s a high card in the hand.

Once you realize that we’re comparing one inside straight to throwing everything away, and the other inside straight to something else entirely, the paradox disappears.

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Comparing 9/6 Jacks or Better with 9/6 Bonus Poker Deluxe at the Advanced Level

This next semester of free video poker classes at the South Point casino will be on Wednesdays between August 2 and October 4. Each semester I include one game taught at the advanced level. The advanced level is much more difficult than what I usually teach, and is only for players interested in squeezing every last little bit out of the game.

This semester I’m teaching both 9/6 Jacks or Better (JoB) and 9/6 Bonus Poker Deluxe (BPD) at the advanced level. I’m teaching them back-to-back, on the same day, September 6, beginning at noon.

The games are very similar. All pay schedule categories pay the same amount except for 4-of-a-kind (25-for-1 versus 80-for-1) and two pair (2-for-1 versus 1-for-1). These two changes offset each other almost exactly, making JoB worth 99.54% and BPD worth 99.64%.

The reason I have room to teach two separate advanced classes is that both of these games have fewer fine points than most other games, and the ones they have are pretty easy. In addition, about half of the advanced points for the two games are identical.

But there are differences. Games that pay 1-for-1 for two pair go for straights much more often than games that pay 2-for-1 for the same hand.

Today I’m going to list 20 hands. Approximately half of them (maybe exactly half — maybe not) are played the same in the two games. The others, of course, are played differently.

Your job, should you decide to accept it, is to figure out which are which. At the end of the article, I’ll tell you which are which — but I’m not going to tell you what the correct plays are.  Let me give you an example. One of the hands is K♦ Q♣ J♥ 8♥ 7♥. There are two reasonable plays:  K♦ Q♣ J♥ and J♥ 8♥ 7♥.  (If you prefer a third play, you will get value out of the beginner classes — August 2 for JoB —- August 30 for BPD.)

If you think they are played the same, which is the correct play? If you think they are played differently, which play goes with which game? If you think that advanced plays aren’t that important so you don’t need to know which is correct, this particular hand is an intermediate play and should be in the repertoire of every player who plays for money that is important to him.

With available software, including some freebies available online, finding out the correct play on a hand is easy. If you can’t be bothered to check on the right play, you are never going to be able to play these games at the advanced level anyway. I’ll explain each of them in detail during the class.

  1. A♠ Q♥ J♠ T♥ 5♠
  2. A♦ K♣ J♥ T♥ 7♥
  3. A♣ K♣ T♣ 5♣ 3♥
  4. K♦ T♦ 9♣ 6♦ 5♠
  5. A♠ J♥ T♣ 5♦ 2♠

 

  1. K♥ J♠ T♠ 9♥ 5♣
  2. A♦ Q♣ T♣ 9♥ 8♠
  3. A♦ K♠ J♠ T♦ 5♠
  4. Q♣ J♣ T♥ 9♠ 9♥
  5. A♦ J♠ 7♥ 5♣ 4♥

 

  1. A♠ K♠ Q♥ T♠ 3♠
  2. K♦ T♦ 8♣ 6♦ 5♠
  3. Q♥ J♣ T♥ 8♠ 7♥
  4. A♠ K♥ J♥ T♣ 9♥
  5. K♦ Q♣ J♥ 8♥ 7♥

 

  1. A♦ J♠ T♥ 7♣ 4♥
  2. A♠ K♥ 5♣ 3♣ 2♣
  3. T♦ 8♠ 7♥ 5♣ 4♥
  4. A♠ J♥ T♣ 5♥ 2♠
  5. J♠ T♥ 9♠ 7♦ 5♣

 

The hands that are played identically in the two games are d, g, h, i, k, n, o, p, q, s and t. The others are played differently.

How did you do? If you aced the test, congratulations. You’ve done some work. If you didn’t ace this test, learning these distinctions is very likely within your capabilities. It’s not really that hard. But it takes effort. Whether or not it’s worth the effort is for you to decide.

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What Can I Say?

Emails and letters from video poker players are part of my life, and often I get the same sort of question or request over and over again. Every month or so I get some version of the following:

Dear Bob:

I’m a huge fan of yours. I’m leaving for Vegas in nine days and counting. I want to know where the pros play so I don’t waste my time on inferior games. If you don’t tell me, it’s because you are a selfish jerk and I’ll never buy any more of your products.

(signed) Appreciative Fan

It’s gratifying to know that I have fans, even though I’m a selfish jerk. But there are many reasons I can’t give Mr. A. Fan what he asks. Let’s look at some of them.

  • Games: There are dozens of different video poker varieties returning over 99.5%. With the right slot club and promotion, any of these may be highly lucrative. No one (certainly not me) knows all of these. If I tell you that Super Double Bonus or Joker Two Pair or Double Bonus Deuces Wild or Double Bonus Plus is currently the best game, do you know these games? If not, are you willing to spend dozens of hours becoming proficient at the game before arriving in Vegas? If not, knowing that the game is a good play isn’t useful information to you.
  • Skill Level: How good are you? Even the best players have a very small edge. And that’s on only a small number of games played under the best conditions. If you haven’t practiced beforehand on a game, you have no hope of playing with an advantage. Playing the same games the pros play is only a good deal for you if you have the same skills that the pros have.
  • Denomination: If you play for nickels, you don’t want to hear about dollar opportunities. (There are no professional nickel players, by the way, unless you count 5¢ Hundred Play games.) If you like to play for $5, the best quarter game is irrelevant.
  • Slot Club Tier: Some casinos have slot clubs that pay more for high-end players. Let’s say a casino rebated 0.25% in cash back for the lower 95% of its players in terms of coin-in, but 0.50% for its top players. Whether it’s best playing there or at another casino where the slot club returns 0.33% depends on your tier level. Sometimes it’s worth playing a slightly lesser game in order to get up to the next higher tier level.
  • Reservations: Where are you staying and will you have a car? Vegas is spread out and Suncoast, for example, is more than 25 miles from Sunset Station.  Anyone traveling back and forth on the freeway between these two casinos has planned his vacation poorly. That’s very different from staying at the Venetian and walking across the street to play at the Mirage.
  • Comps: Do you need to play a certain amount at the casino you’ll be staying at in order to get free or reduced-price meals, rooms, shows, etc.? If you need to play $20,000 daily in coin-in to get the amenities you desire, that requires less than one hour if you’re a $10 player, all day if you’re a $1 player, and an impossible burden if you play for quarters.
  • Progressives: At any given time, at least half of the good plays in town are progressives. I don’t play them, generally speaking, but many pros do. There is no source of good information for the value of progressives at any point in time (unless you’re part of a group that shares such information with each other), and no way to know whether a seat will be available when you get there. Even if I knew the $5 7/5 Bonus Poker game at the Golden Nugget was high enough to be interesting an hour ago, I don’t know if anyone has hit it in the past hour.  And I certainly can’t predict what the progressive level will be tomorrow — let alone nine days from now.
  • Promotions: Double slot club points can turn an unacceptable game into a great one. A drawing for a new car is worth something if you’re going to be there during the drawing, but otherwise useless. Receiving a logo jacket for a royal flush isn’t worth so much if you already have a closet full of 30 unworn casino logo jackets. New promotions arise all the time. I frequently don’t know what promotions will be in effect in a few week’s time, and without that knowledge, I don’t know where the best place to play will be.
  • Other agenda: Are you coming to Vegas strictly for the gambling or are you (or any of your travel companions) planning on fine dining, shows, nice hotels, child care, proximity to certain other locations in Las Vegas, etc.? Getting a dining comp at a restaurant you wouldn’t want to eat at doesn’t do you any good. Playing a slightly lesser game might be worthwhile if it comes with nicer meals, shows, and hotel rooms.
  • For the games I consider best, there are only a few machines. It’s in my interest to keep quiet about what I know or I won’t get a seat. I don’t know about the “jerk” part, but being selfish with information can be very profitable.
  • I simply don’t know the best games everywhere. I’m restricted at some casinos, and I’m not scouting for dollar and lower games anywhere. Players who know of great games “somewhere” often don’t keep me in the loop — for the same reason I’m not telling them what I know.
  • There are hundreds of 15-machine bars across the Las Vegas valley. Most have poor games unworthy of serious attention, but sometimes you can find good opportunities there. I scout the ones within eight miles of my home — which is a small percentage of all the bars. I doubt if you’re thinking of flying into Vegas to play at a small bar.
  • I do respond to financial incentives. Pay me $10,000 and I’ll tell you all of my plays — in Vegas and out. Up that to $20,000 and I’ll tell you WHY each game is attractive to me. No guarantee that any of the games will be suitable for you to play.

These are a few of the things to consider in choosing what game to play and at which casino. I can’t answer the “where to play” question for you without all of this information.

I suggest that you’d be better off if you considered these questions before you made your own decision about where to play.

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Accidental Quadruple Deuces

A version of this article first appeared about 10 years ago.

Regular Deuces Wild, played for quarters, returns $250 for four deuces. Double Deuces returns $500 for the same hand, but takes away elsewhere in the pay schedule. Loose Deuces returns $625 for that hand and Triple Deuces gives you $750. Each of these games can be found in Las Vegas.

How about Quadruple Deuces returning $1,000 for four deuces? Or even more? In 2007, this game existed accidentally for a few months at a large local casino in Las Vegas, but it could have happened anywhere. And while the base Deuces Wild game on which it was found wasn’t all that great, adding 3,000 coins to an every-4,400-hands event adds about 12% to the return. Apparently four players were able to exploit this and keep the information quiet for a couple of months. They certainly didn’t post it on one of the Internet bulletin boards as that would have killed the play in a day or less.

What happened was this (I might have the facts a little off as I am getting this secondhand): There were eight quarter games tied to a progressive. Six of these games had the progressive set normally, which means that it would be collected when the royal was hit. But two of the games had the progressive accidentally attached to the four deuces hand. Apparently, a slot tech got a little bit sloppy one day and nobody who worked for the casino caught it. So, the four deuces hand started at $1,000 and moved up from there.

Since these were ticket-in, ticket-out machines, winning the jackpot merely spit out a ticket and the players could keep playing, so long as the jackpot was below $1,200. And it usually remained at that level because four deuces is a fairly frequent hand with respect to having the progressive rise $200 or more. When the progressive did rise that high, which it did a few times, these players wouldn’t play. They hoped that one of the other machines would hit the royal so everything would look normal. And their luck held. No over-$1,200 set of deuces was hit on either machine.

The way the bubble burst was that someone “not in the know” was playing one of the two juicy machines and happened to hit the royal flush. The nerve of them! When they were only paid $1,000 instead of whatever the meter read, they understandably felt cheated and called it to the attention of the floor people. When it escalated to supervisors, it didn’t take long for the casino to realize what the error was. The two machines were shut down for a while and adjusted. Christmas was over!

I was told about this play after the fact. One of the four players who hit this hard was attending one of my free classes and told me about it. He had just finished reading my Million Dollar Video Poker book in which I write about taking advantage of a similar-yet-different casino mistake.  He wanted to tell me that these errors were still happening out there — if you could find them.  

He asked me if the casino could demand its money back because of the machine overpaying. While first making sure he realized that I wasn’t a lawyer and couldn’t speak authoritatively on the subject, I told him that I didn’t believe the casino could effectively take any civil or criminal action against him. If the casino could not show that he was in cahoots with the slot tech who made the improper settings, then the casino was stuck.

What the casino COULD do, however, was restrict him from the property if it so chose. Assuming these four players used their slot club cards while playing this game, it wouldn’t be difficult for the casino to check their records and determine who was playing these machines heavily over the past few months. Even if the players didn’t use their cards, they were surely caught on surveillance tape.

The casino could well decide that they didn’t want these players around anymore and that would be perfectly legal. Casinos in Nevada can restrict the play of anyone, so long as it’s not based on things such as race, gender, or national origin.

Of course while this was going on, the players couldn’t be sure how it would all turn out. They were regularly winning $2,000 a week or more apiece, week after week, and that’s big money for quarter video poker. Winning like that is EXCITING, especially since you don’t know how long it’s going to last.

I wasn’t there, but there had to be discussions about how to share time on the machines, how to keep it quiet from others, and how much they could play without the casino employees noticing that these same guys were playing the same machines EVERY DAY all day long. There are no unique best answers on how to do this and opinions vary widely.

However they decided to do it, it was impossible to predict when a casino employee would put two and two together, when other players might find out and demand a piece of the action, or when someone accidentally hit the wrong kind of jackpot at the wrong time. There would have been all KINDS of things to worry about.

Mistakes continue to happen in casinos. To exploit them, you first have to FIND them. Players who do a lot of scouting have the best chances to find these kinds of mistakes. Players who don’t scout are left with complaining that other people find these things.

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Which is the Better Place?

I received an email asking which of two casinos was the better choice for this player.

Casino A had 9/6 Jacks or Better with a 0.1% slot club with no multiple points ever. Casino B had 8/5 Bonus Poker with a 0.25% slot club, and he only played when there were triple points. He said the food comps at Casino A were better, but he wasn’t there for eating. He was there for making money.

He told me he played both games perfectly. This is extremely unlikely. Although 9/6 Jacks or Better is one of the easiest video poker games to memorize, 8/5 Bonus Poker isn’t. I would estimate fewer than one in a thousand 8/5 Bonus Poker players play the game perfectly. But letting that assumption slide, let’s see what we have, assuming perfect play.

 

Casino A:      9/6 Jacks                   99.54%

Slot Club                   00.10%

Total                           99.64%

 

Casino B:      8/5 Bonus                  99.17%

Slot Club                   00.75%

Total                           99.92%

 

The obvious answer, then, is that Casino B is considerably better. For a dollar player who plays 600 hands per hour, Casino A is $8.40 per hour more expensive than Casino B.

The obvious answer is incorrect, however. For this player, it is not the case that Casino B is better. Why not? Because his stated goal is to make money and that means that both casinos are TOTALLY unacceptable. Not less acceptable; TOTALLY unacceptable.

A return of 99.92% is not “close enough.” It’s impossible to end up a long-term winner when the casino has any advantage at all.

If the casinos had other promotions, however, that could change things. Perhaps one or both send periodic checks in the mail on the order of “come in during the first two weeks of the month and we’ll give you $50 just for showing up.” Or perhaps they have regular drawings and the player has a decent shot at winning something valuable. Either or both of these promotions could make the casinos potentially profitable. But without such promotions, the house has the edge.

For most players, this would not be an insurmountable problem. Few players demand that casinos be potentially profitable. (No slot player, for example, has any realistic expectation of being an overall winner. They hope to win THIS TIME, but they know that in the long run the casino will most likely win from them.)

Many players value the gambling experience and count the free meals and rooms as part of the deal. For players like that, both casinos offer an excellent gamble which is better for the player than can be found in many casinos. Which casino is better might well depend on how much better the food is at the casino with the lesser game and how important that is to the player. To some people having a quality meal is extremely important. Others don’t care that much.

Or perhaps how nice the rooms are. Or maybe how smoky the casino is. Or possibly “easier to get to.” All kinds of solid reasons exist for choosing one place over another.

What should this particular player do then? The choice is between either not playing, or lowering his expectations about whether or not this game will be profitable. It would not be terrible should he decide to play anyway because he really enjoys it. After all, people pay to do many pleasurable things. And if gambling is pleasurable, it’s okay to pay for that too. But I encourage you to be realistic about whether you are playing for profit or playing for pleasure.

In similar cases, I ALWAYS choose not to play. I’ve played video poker for close to 25 years and it’s isn’t a “special treat” to me. I enjoy it. But I can go without playing if the odds aren’t there.

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Comparing Two “Super” Games

Super Double Bonus (SDB) and Super Aces Bonus (SAB) are both variations of Double Bonus. In “regular” Double Bonus, four aces get paid 160 for 1, four 2s-4s get paid 80 for 1, and four 5s-Ks get paid 50 for one.

Each of the variations we’re looking at today keeps that basic structure for the quads, with one exception each. In SDB, four Js-Ks receive 120 for 1 rather than 50 for 1 (and you receive more for the straight flush as well). In SAB, four aces receive a gigantic 400 for 1. In both games, the amount for the full house and flush is adjusted downward until it gets into the “acceptable” range. This means the pay schedule returns enough to attract the players, but not so much that the casinos are afraid of it. The two pay schedules discussed in this article are the highest allowed for these particular games. In many casinos, you’ll find lower pay schedules than these, but that won’t affect the discussion that follows.

 

9/5 Super 8/5 Super
Double Bonus Aces Bonus
Royal Flush 800 800
Straight Flush 80 60
Four Aces 160 400
Four Js-Ks 120 50
Four 2s-4s 80 80
Four 5s-Ts 50 50
Full House 9 8
Flush 5 5
Straight 4 4
Three of a Kind 3 3
Two Pair 1 1
Jacks or Better 1 1
Return 99.69% 99.94%
Variance 38.0 63.4

 

The strategies for the two games are very similar. This is largely because they receive identical amounts for flushes, straights, and two pair — which are the three pay-schedule categories that matter most when it comes to strategy.

In today’s column, I’m going to present four hands that are played differently in the two games. Your job is to figure out both plays. Even if you have never played either game, you have two important clues to help you out:

  1. The plays are different. This is a HUGE clue.
  2. The plays are different because of the pay schedule.

 

  1. 5♣ 6♣ 7♣ 8♣ 9♥
  2. A♥ Q♠ J♦ 9♣ 3♠
  3. A♠ Q♥ 8♦ 4♣ 3♠
  4. K♥ T♥ 8♦ 7♣ 6♠

 

Where dollar and cent amounts are indicated, it assumes you are playing for dollars, five coins at a time.

 

  1. There are only two reasonable plays here. The “chickens” keep the straight and the “gamblers” go for the straight flush. The different returns for quads has no bearing when you hold at least four cards of different ranks, so the determining factor must be that SDB returns more for the straight flush. In SDB, ‘5678’ is better by $2.87, and in SAB, 56789 is better by $1.39. Obviously neither play is close.
  2. With three unsuited high cards including an ace, the “standard” play in both Jacks or Better and Double Bonus is to discard the ace and hold the other two high cards. That’s the correct play in SDB by 10.6¢. In SAB, the much greater return for four aces means that you go for them more. In SAB, holding the single ace is the better play by 20.6¢.
  3. This is very similar to the last hand. In SDB you hold AQ by 2.6¢. In SAB, you hold the solitary ace by 19.6¢. And the reason, again, for the difference is the large amount you receive for four aces in SAB.
  4. This last hand is intentionally tricky, in that there are more than two choices. Holding ‘KT’ is obvious. Holding the inside straight, T876, is also an eligible choice. It takes some experience to know that inside straights with no high cards are worth considerably less than either single high cards or a single high card with a suited ten. Perhaps the hardest option to see is holding the king by itself. Some players can’t bring themselves to break up royal combinations no matter what the pay schedule. Once you realize that the king by itself is a viable option, then since SDB pays more for four kings, holding the single king in that game is the better play by 2.8¢. In SAB, the “normal” play of ‘KT’ is better by 3.0¢.

 

So how did you do? As a test, this wasn’t too difficult. But as a learning experience, there were some important things to remember. First of all, each game has its own strategy and those of you who use more-or-less the same strategy for most games are taking the worst of it. Second, sometimes the reason for the differences in the strategies is obvious once you closely examine the idiosyncrasies of the pay schedule.

Finally, I want to leave you with a hand that’s played the same in both games, assuming you are playing with the best pay schedule. K♥ K♠ 9♥ 9♦ 3♣. Although many seat-of-the-pants players will just hold the kings, in SAB, holding KK99 is better by 79¢. In SDB it’s a closer play because four kings pay so much, but KK99 is still better in that game by 19¢. If you find yourself playing a version of SDB where the full house pays only 40 or less instead of 45, that’s enough to change the correct play to KK.

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Interesting Promotion at the M

I received a postcard from the M where they are trying to get new players. The promo was:

  1.         I get $100 in free play right away for bringing in a new player,
  2.         The new player also gets $100 in free play — plus a kiosk spin (usually $5 in free play, I think, but it could be more),
  3.         For every point the new player earns in the first day, I get 10x points, up to a total of 50,000 points,
  4.        Good (if you got the postcard and the new player has NEVER had a card at the M) from June 1 to July 31.

The slot club is 0.3% (slightly more, actually, because they give you $3 for $999 coin-in rather than $3 for $1,000 coin-in). 50,000 points is worth $150 of free play — which is way more than the house’s expected win if you’re playing the best machines.

The loosest game is $2 9/6 Jacks or Better. There are two such machines — newly installed — in the high limit room. There is no choice as to the denomination and no telling how long they’ll last. 10x points (which is worth 3%) on top of a video poker game returning 99.54% seemed possibly like a mistake, except that it was limited to $150 max which might be a reasonable cost for a new player.

I don’t actually know if this was a mistake or not. I hooked up with a player friend, “Kevin,” who lives near Aliante — which makes the M geographically undesirable for him. Which is why he didn’t already have a card. I know some non-players for whom I technically could have played the free play, but that’s strongly against the rules there and I’m well known. No thanks. If I had to use a non-player, I would have let them play and talked them through their $105 in free play — which we would probably have played on 25¢ 8/5 Aces Bonus. If they were a non-player, any possible W2G could have been a problem for them.

As it happened, June 1 was a normal free-play pick-up day for me (they have 6 to 7 such days per month). Kevin and I agreed to go in and play the promotion on the first day it was active.

We were certainly not going to ask for clarification as to whether the 10x points included video poker or not. The booth personnel (who are also the cashiers) would likely have said, “I don’t know. Let me make a phone call.” If they did that, it’s possible that signs would have been posted saying “slots only.” If we could arrange it, we didn’t want such signs posted until after we played.

Our deal was, we would play the promotion and also play an additional 850 points which entitled us to a “free” lunch buffet. Other than the amount of my free play, we split everything based on my $850 worth of play and his $5,850. Whether this split was overly generous or not didn’t concern me. Kevin is a friend. And enjoying lunch together was part of the attraction of the “date.”

I often play for a buffet on my free -play pickup days there. There have been incidents where players who only picked up free-play without any additional play were punished for this. As a known professional player, I am hyper-sensitive about creating situations where it would be easy for them to justify restricting me.

The $205 in free play we got between the two of us more than covered the expected loss of playing $5,850 for him and $850 for me. If we got the additional $150, great, but it was still a decent play if we didn’t. (And yes, we could have lost, but the decision beforehand is made based on EV, because you don’t know what your actual result is going to be.)

I had him play $5,850 rather than just $5,000 because the M usually doesn’t allow you to “double dip.” If there’s a gift of the day you can get for 800 points and you also want the free buffet, it takes 1,650 to earn both. We only had one shot at this and if they decided to give us 10x points on only 4,150 points (which would be 5,000-850), that would cost us $28. No thanks.

We didn’t split the $150 on the day we played because I wasn’t certain whether or not we were going to get it. It could be that they “intended” it to say “slots only,” but they didn’t put that in writing. How it would be enforced down the road was an open question.

I hadn’t decided how aggressively to pursue the 10x points if they denied that it applied to video poker. It was “only” $150 (split between two of us) and you need to pick your battles. In a somewhat similar situation at the Silverton I wrote about a few months ago, we were talking about an $8,000 difference between getting the multiple points or not. I’m willing to fight a lot harder for $8,000 than I am for half of $150.

Eight days after we played, I received an email saying that 50,000 points had been placed on my card, so I sent my friend an email saying that I owed him $75 next time we saw each other.

I never had to decide how hard to argue for this. It’s possible that future players will be told “slots only” when they sign up. I don’t know. But this was a case of taking advantage of the situation before they made changes to it. If they keep the promotion “as is,” then whether we did it early or not doesn’t matter. If they restrict it later to slots only, it matters $150 worth. For me it was a no brainer to do it as early as possible.

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You’re Not a Poker Player

In early June, Bonnie and I were at a square dancing workshop and there was this guy, Scott from Alabama, who showed up. He had played a few days before at the Colossus event in the World Series of Poker, did well enough to get his money back plus $500, and was killing time before his flight back home. He had arranged his stay through the last day of the Colossus in case he made it that far. He hadn’t, but that was why he was still in town. Square dancing events are publicized if you know where to look, so he found us and danced. He was very welcome.

The Colossus is a $565 buy-in tournament with starting flights over several days. Re-entries are allowed. He was very proud of the fact that he cashed in his first WSOP event, which gave him the confidence to come back next year. He had to tell me, of course, about the hand he blew out on and that he was ahead until his opponent paired on the river.

I asked him if he had considered re-entering and he said, “No.  If I’m not a good enough player to win on my first try, I’m not going to throw good money after bad.”

I told him that I didn’t know anything about his personal bankroll, but that didn’t make any sense to me. He probably had $500 in expenses to get to and stay in Vegas for five days. That made his first entry cost $1,065. His re-entry would cost “only” $565, or basically half price since he was already in Vegas. If the first one was a good deal for him to enter, re-entry must be a great deal. Why come back next year and pay another $1,065 and not get the same equity right now for only $565?

In any tournament with several thousand entries (there were 18,000+ entries in this year’s Colossus), there is a considerable amount of luck insofar as how long each player lasts. The hand where he blew out (in 400th place or so) could have easily happened much earlier and he would have gotten nothing at all. No less skill on his part. Just the luck of the draw.

You can’t conclude, I argued, that just because you cashed this time that you are a good player or just because you didn’t cash any particular time that you’re a bad player. No player cashes every event. Your record over a whole lot of tournaments says a lot about your skill. Your result in a single tournament says very little.

He asked if I was a poker player. I told him no, that I was a video poker player, but that I’ve been a successful gambler for several decades and believe I have some knowledge and experience about how it all works.

He informed me that since I wasn’t a poker player, I really didn’t know what I was talking about and he didn’t want to discuss it anymore. Okay. A square dancing event is mostly a social activity and if he didn’t want to “talk shop,” that was fine with me. I went over and spoke to someone else. Whether or not I could get him to agree with me was not something I cared about very much. He had never heard of me and self-professed video poker experts are not people he considers worth listening to.

But you, my reader, I do care whether you agree with me or not. I assume you accept that I am generally knowledgeable about these things or you wouldn’t be reading this blog.

This is another case of paying undue attention to short term results. This example looks a bit different in live poker than it does in video poker, but the principle is the same. Perhaps this example is easier to understand than in the ways I have expressed it previously.