Originally posted by: Kevin Lewis
But that's my point! If you play single line .50, a royal is taxable. But if you play the same amount--10 play .05--on a multi-line game, you'll NEVER hit a taxable unless you're dealt a royal.
The math is the same. A chance to hit $2000 is the exact same as ten equivalent chances to hit $200. When the dust settles, you'll have the same amount of money in your pocket either way. But if you're concerned about withholding, why not play multi-line and spread out your big hits so that you almost never get a taxable?
The taxable threshold should have been elevated to $5000, properly adjusted for the Consumer Price Index, but our gummint, already in the throes of a massive deficit, didn't want that.
You do eventually get that whole 30% back, though, right? So the casinos are salting away a portion of your jackpots for you. Like a compulsory piggy bank.
Unfortunately I don't understand why you mean 10x 0.05 is equivalent to 1x 0.5 denom play. Except the fact that you get a lot of points while you play and the volatility is small.
I understand that the multigame machines are a lot of fun and create extreme action, but I don't see how it can be the same , moneywise. I watched people playing 5 play illinois deuces because in that casino where I mostly play the house does not (anymore) offer triple, 5play or 10 play NSUD on multiline machines. I see that the points come in at a much faster pace because you wager a lot but break down the risk and volatility is small. I understand the concept, but the key to the big hit at those games is clearly a big draw on the center line and then to connect a few times hopefully. Or, at best, getting dealt the Royal Flush and then hitting a super big 1.
DDB Poker's dream constellation I would think is a 4-of-a-kind of the higher value on the center and then hitting the kicker. If you hit everything or are dealt 4 aces/w kicker, then it's snowtime in silicone valley. But it's also tax time.
If you play the lower denom's but multiply that 10x how often do you get a big payout that puts you ahead in the game. Let's say you play 10 play 10-6 double double bonus and are dealt 4 aces and then you connect 3x with a kicker. The payout will be 7x 800 nickels plus 3x 2000 nickels, right?, so that's 11'600 nickels, so that's 580 Dollars. It doesn't happen often. More likely you hit 1 kicker and 9x nothing, but you don't get dealt the 4-of-a-kind every session you play it. Again, more likely you get dealt trips and connect maybe a few times, and if you get lucky, you also hit a kicker along with that.
From the other point-of-view, given the fact that we lose anyway, the positive effect is that you get way less taxable's because you never hit a taxable if you only have 1 royal Flush in a 10line hand. You can play along for hours, yes, and you accumulate a lot of points, too. But even if you hit a Royal Flush, it's not much to get too excited about.
Back to the players that I have been watching with discretion, most of them are playing 1-dollar or 2-dollar denom on triple play, so that's 15 or 30 dollars per round. Depending on what game these people were playing I regularly witnessed a hand-pay of something between 2000 and 5000 Dollars. It looks to me that the machine adds all winners together and that amount being paid is the taxable amount. So, tell me again, where is the advantage except lower volatility and a lot of coin-in?
Summary: I think that multi-line videopoker is the crack cocaine of videopoker for people that like the big and fast action. Since I don't play videopoker every day and just a few weeks every year, I stick with my single line play. That's how it all began. I have enough fun when I finally get my deuces or a Royal Flush, which is so seldom that the tax issue is a minor problem for the as it would be if I'd play 0.50 or 1.00 Dollar triple play videopoker and get probably 2 or 3 taxables during each session.