For a long time Boyd Casinos and Rebel Gas partnered to give customers with a slot club card a discount on gas. But alas, that discount is no more, as of the end of April.
Lesson here: Be aware that no promotion lasts forever. And even long-term ones can be discontinued, as this one did, with no “official” notice.
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To no one’s surprise, the Palms removed the 50-cent full-pay Deuces Wild game from those new “Full-Pay” machines recently installed. However, the quarter FP Deuces are still there, and the 10/7 DB and 10/6 DDB continue to be offered at both the quarter and 50-cent level.
Lesson here: See a really good play. Grab it early!
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Interesting article about casino executive stealing slot club points.
Lesson here: Keep track of your slot club points. Dishonest employees, software gliches…all real dangers that can cost you real money.
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Planning for partnership deals in the WSOP or other gambling ventures? Here is an article to give you guidance so you don’t end up owing the IRS more money than you expected. The information given here is very good, but I would add one other way you can handle partnerships, one they didn’t mention. When we partnered with friends for a big Caesars tournament and won the half-million first prize, Brad got the W-2G for the full amount since he was the primary entrant and Caesars would have no part in “deals.” However, since we were filing as a business, it was easy enough to give our friends a 1099 for $250,000, deducting that amount as an expense, and thus we had only $250,000 to count as income.
Lesson here: Get it in writing!
The Palms 50 cent deuces were obviously only meant to be there for a very short time. A poster on VpFree asked why a casino would do this–put in a very good play only to yank it soon afterward, as in the Orleans Loose Deuces a few years back. The answer is that the casino wants to positively identify who should get no-mailed. The previous method of simply identifying consistent winners and executing them was flawed, as it misidentified both ploppies who happened to be on a hot streak and actual APs who were having a bad month or months. While consistent play on the old Palms FPDW progressive (or its nearby Joker brothers) was enough to get you no-mailed in the past (and maybe the servers at Garduno’s instructed to spit in your food, as well), it’s possible that the new management wants a hit list of its own.
Jean mentions that a player should jump on a good play when it appears as soon as possible. However, it’s PRECISELY this mentality–and the resultant actions–that swiftly kills those good plays. I was surprised when the Orleans play lasted as long as it did, with locals playing the same machines 24/7 in shifts, some wearing giant diapers underneath their clothing so they wouldn’t lose the $1 in EV that would be consumed by leaving the machine to go to the bathroom.
So if you hit the .50 FPDW at the Palms, don’t be surprised to see your monthly mailer go poof.