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It’s cool out there

There are two ways of looking at last month’s gambling grosses out of Atlantic City. One is that business is good, remaining at the stellar level of 2023 (if no higher, admittedly). Two, that business is extraordinary, being 11% higher than in 2019. Of course, Big Gaming will break out its crying towel and try to spin the numbers are a sign that the sky is falling, but don’t buy it. Boardwalk casinos grossed $232 million, ever so slightly ahead of iGaming, which brought in $228 million. This has prompted some pundits to instantly proclaim the demise of brick-and-mortar gambling in New Jersey, but let’s not get carried away.

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Bobby Vegas: Dealing with Travel Emergencies in Vegas

Bobby Vegas: Friends Don’t Let Friends Play Triple-Zero Roulette

Hustling through Harry Reid over the years and onto my next Vegas frugal/advantage adventure, I’ve often felt sorry for the old wheelchair-bound gambling geezers.

Now I was one too.

Unfortunately, I had a repeat of my Labor Day kidney-stone experience on my New Year’s Eve trip.

I won’t dwell on how painful, scary, and frustrating it was. Instead, I want to focus on the resources in my wallet or with me and some of the stand-out support I got from the Plaza, Southwest Air, and Hertz.

Not since a female pit boss at the Wynn asked a doctor to call me in my room to follow up on my leaving the tables in the middle of a run (“You looked bad and were winning, so yeah, I was concerned,” she told me later; I sent her chocolates) had I experienced such good customer care as this trip.

If you’re going to Vegas, check your credit card benefits for trip interruption and/or travel emergency coverage. I use Chase cards both for points to travel free and other benefits like airport-lounge access.

On my Labor Day torture-by-kidney-stones “adventure,” I happened to have sprung for $20 for travel emergency/interruption insurance. This ended up reimbursing me for my hotel, car, and airfare, including extensions to my stay and flight changes like a nonstop home.

Some of the temp-insurance providers like Alliance previously were no help after the fact, though some premium credit cards will provide an advocate or other help too. So check reviews before you buy if you’re not covered on your card.

The next level up is full-stop travel emergency insurance, which can be purchased under annual plans for $200+. This is for major medical-emergency support when not at home and includes an advocate and even a trained nurse or to fly back with you if needed. I’ve had that before and will re-up.

Having an advocate to assist you from your hotel, get meds and food, arrange travel and support if you’re alone, can be a life saver. Literally.

The Plaza staff was incredibly cooperative, especially Ray, who runs the $160,000 SuperBingo events every month (and includes their $40 a night no-resort-fee room offer). When I told Ray what happened (hospital, etc.), he refunded my entry fee. That’s customer service. I’ve said it before and I’m saying it again: The Plaza is classic Vegas updated and done right and I’ll be back. (Seeing my matchplay coupons expire unused wasn’t nearly as painful as kidney stones, but the New Plaza MRBs will heal that wound.)

Next, I’ve flown Southwest (often for free) for 25 years and have a SW credit card. I buy in advance on points and all points, flights, and canceled or changed plans are fully credited (along with two checked bags up to 50 pounds flying free). I had an open trip home depending on meetings, etc., so when I called to upgrade to a nonstop and said I’d been in the hospital and would need wheelchair assistance at the airport, they used my points ticket to upgrade me to a nonstop one day ahead and transferred my ticket gratis. That was a $400 upgrade.

Finally Hertz. Wow.

Just getting from my hotel to the airport was going to be an ordeal and when I arrived at the rental-center drop off, looking like a crazy man the cat dragged in (they wouldn’t give me a razor at the hospital), and told the Hertz check-in person I had trouble walking and would need baggage assistance, she said,” Wait here.” Next thing I knew, a driver was chauffeuring me to the airport where a skycap and SW took over.

Between my hotel valet and Ray, the Hertz driver, the SW wheelchair assist, and all the great service I received again at my home airport, I tipped out $100. You can never be too sick to still be George.

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The good, the bad and the ugly

Well, at least somebody displaced by the California wildfires is getting a comped Las Vegas stay out of it. And that somebody is/are unfortunate, homeless horses. They’re getting free room and board in the paddock area of the Plaza Hotel downtown. Let’s thank CEO Jonathan Jossel and the good people of the Plaza for doing the right thing. There’s at least one casino in Sin City that doesn’t see the SoCal conflagration as a quickie cash-in opportunity from somebody else’s misfortune.

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Hockey Knights in Vegas: Episode 95

Hockey Knights in Vegas is BACK!

Episode 95 gets off to a rip-roaring start. Eddie is in a foul mood after watching the VGK’s win over Minnesota on Sunday afternoon. Lots of dirty play carried over from the first meeting of the year and once again, Marcus Foligno was right in the middle of it.

Keegan Kolesar again showed leadership and grit by answering the bell against Foligno in a fight that never should have happened. At least, it shouldn’t have been Kolesar who had to fight.

On to the games, Chris and Eddie discuss the epic two-game losing streak (per the fan base) and whether there’s any concern whatsoever.

Episode 95 finishes up with Flowers for Flower. Marc Andre Fleury made his last appearance at The Fortress and the crowd gave him a rousing send-off.

All that and more ways to win FREE TICKETS to the January 26th matchup vs the Florida Panthers!

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How Do You Figure?

Bob Dancer

A reader posed the following question, which I lightly edited: I came across a quarter pay table I have a question about. It’s a three-coin game, with progressives on the royal flush, straight flush, and four aces. It’s 9/6 Double Bonus, and the royal is currently at $1,122. I think it’s probably pretty positive, but how do I figure that out for sure?

I’ve never seen a three-coin quarter game, but I have played three-coin games for higher denominations. I invite my readers to try to figure it out before I explain how I would do this.

Before any of us get started, there are a couple of things to specify. Saying the game is 9/6 Double Bonus doesn’t tell us how much you get for the straight. One can find both 9/6/5 games (where the straight returns five-for-one) as well as 9/6/4 games (where the straight returns four-for-one). I’ll figure it out for both pay tables.

Second, the question said there were three progressives, but only provided the level for one of them. Presumably, this means that ethe other two progressives were currently close to their reset values, but surely that won’t always be the case. While the latter two progressives aren’t part of today’s problem set, I’ll outline at the end how you can include them in your calculations.

Once you have figured this out for both the 9/6/5 and the 9/6/4 games, then you can read the rest of this blog. As I frequently say when I ask you to figure something out yourself before reading on: Take as long as you like. I don’t mind waiting for you.

Here’s how I would attack this problem.

Video poker software is generally set up for five-coin games. The adjustment for three coins isn’t very difficult, but it’s not obvious to all players. Once you figure out, or are told, what the “trick” is, it’s pretty simple.

A three-coin quarter game costs 75¢ to play per hand. This makes it equivalent to a 15¢ game, played five coins at a time, which comes out to the same 75¢. While there are no actual 15¢ coins in the real-world United States, we can imagine such coins if that’s what it takes to figure this out. To calculate out how many of these 15¢ “coins” would be necessary to total the royal flush amount of $1,122, we simply divide $1,122 by $0.15. When we do this, we get that the royal flush is equivalent to 7,480 coins. This is almost a “double royal,” as royals typically return 4,000 coins.

So now we plug this into any video poker software. Doing so, I get 99.78% for the 9/6/5 pay table and 98.38% for the 9/6/4 pay table. Reset on the straight flush (250 x 15¢) is $37.50 and reset for four aces (800 x 15¢) is $120. If the existing progressive numbers are higher than these, simply divide the numbers by 15¢ and plug those values into the same computer software.

I suspect the game is more likely to be 9/6/4 than 9/6/5. Four-for-one is far more common for straights, and the original poster possibly would have noticed the “unusual” five-for-one had it been there. This leaves the game with a 98.38% return, which is nowhere near “pretty positive,” although in many casinos this would be the loosest game available for quarters or less.

So, those of you who were able to figure this out before I gave you my answer, congratulations!

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F1 boost? Forget it!

A second running of the Las Vegas Grand Prix has come and gone, without moving the needle on the Las Vegas Strip. In fact, baccarat play was dreadful. Casino takings fell 18%, as players wagered 8.5% less on the game. Wasn’t Formula One supposed to bring in the whales? Guess again. The one Strip growth area was a low-roller one: slot play. Coin-in was up 5.5%. But Lady Luck was with the players, who made the casinos pay in the form of a 2.5% decline in one-armed bandit income. Table game revenues also suffered, down 5% on 9% less wagering.

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Hockey Knights in Vegas Episode 94: Report Card Time

Hockey Knights in Vegas is BACK!

The VGK are halfway through the ’24-’25 season and it’s time for Professors Rivkin and Chapman
to hand out their midterm grades on: offense, defense, power play, penalty kill, goaltending, coaching, team MVP, and overall.

Compare your scores to Eddie and Chris’s and comment with your thoughts!
 
And MORE DETAILS on THE GOLDEN TICKET GIVEAWAY for January 26 vs the Florida
Panthers!

2 LOWER BOWL TICKETS
FREE PARKING
Pre Game Dinner with Eddie Rivkin & Chris Chapman at Eldorado Cantina
TO WIN: Like, subscribe, and share the podcast from the YouTube page
Comment “JACK” on the YouTube page.

Tickets courtesy of Marathon Law Group

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Business as usual

Just when you thought that Illinois‘ casino business couldn’t get any more diluted comes word that zany legislators are thinking of lifting the cap yet again, in order to put one in Decatur. We’ve got to think about that, but it doesn’t seem like a great idea on the face of it, especially with the latest round of new casinos yet to be absorbed. Last month saw $157 million in winnings, 11% higher than 2023 and 26% higher than 2019 … but 14% lower on the all-important same-store basis. Which is a fancy way of saying there’s not enough moolah to go around.

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Encounter at Dotty’s

Bob Dancer

I was playing at a Dotty’s, a local chain of small casinos. The best game for me is 9/6 Jacks or Better. Without going through all of the slot club benefits and promotions, the one that is most relevant to today’s story is the “Big Bonus.”

In this promotion, all W2-Gs become drawing entries, and 10% of these entries get a 10% cash bonus. That is, if a $5,000 W2-G is drawn, the player who hit it will get a $500 reward if he collects it within a month.

Although the inventory of each Dotty’s varies, the most convenient Dotty’s for me has the game for $2, where you can bet anywhere from five to fifty coins and still get the full 99.54% return on the game. Since I want to get W2-Gs, I need to play for at least 24 coins ($48) per hand, yielding $1,200 for every quad, but I usually play for 25 coins ($50), yielding $1,250. I record the game on my gambling log as a $10 game.

The nature of 9/6 Jacks or Better is that you tend to lose during a session unless you hit a royal flush. 

Another promotion in effect at Dotty’s is the machine bonuses. For the stakes I play, these come around every five to ten minutes. The first five are always, in order, $1, $1, $1, $5, $2 — which are negligible amounts when you’re playing $50 per hand. These bonuses then increase to $10, $20 or $25 each time if you continue to play for more than an hour. These amounts are not so negligible. Suffice it to say, I usually play for at least a few hours when I come.

Most of the players in the place are playing for far smaller stakes than I am and very rarely, if ever, receive a $1,200-or-higher jackpot. Since I get them regularly, some players assume I’m killing the game, whereas in fact I’m usually losing. 

On this particular night, after I collected my fifth or sixth W2-G (and I was behind perhaps $2,000 after being paid), a lady approached me and asked if she could invest with me. She and her husband were homeless and playing keno hoping to strike it rich. Since I was obviously doing well, she wanted to pay me $200 for a share of my next jackpot.

I wanted no part of this particular arrangement. I told her that if they were indeed homeless, the last place they should be is in a casino, and the odds on the keno game they were playing were prohibitively in the house’s favor. I told her I was losing this night (I’m not sure she believed me) and many of the benefits I receive were deferred. I’m sure she understood I was telling her “No,” but I don’t believe she understood what I was talking about when I said “deferred benefits.” 

I was earning slot club points (which were cashed and mailed to me once a month), the Big Bonus drawing wouldn’t happen until next Wednesday, and the machine bonuses are paid in slot club points. The $40,000 royal flush was unlikely to be hit on this particular night. I had the bankroll to wait for it — but this lady didn’t.

I wanted to give her $20 or so to “go away,” but several other players were watching the exchange. If I started paying all players with a sob story, I would have been deluged with these stories. There are few winners at Dotty’s and the clientele tends to be less affluent than those players who play in the larger casinos. Paying players playing losing games and are always broke is a bottomless pit.

The lady and her husband went away and that was the end of this particular incident. The aftertaste of it remains with me, though. I’ve frequently been asked for money in casinos. I usually politely say “No,” and continue with what I am doing.

I know that most players lose in casinos, and many can’t afford their habit. And the ones I see don’t include the spouses and kids at home.  Yes, I’ve found a way to beat the casinos, but coming face to face with the ones who can’t, especially during the holidays, is a sobering experience.

Since I’ve been doing this for decades, I’m somewhat immune to these feelings. But not totally immune.