We have no guest this week. Bob and Richard answer questions from our listeners. We have more questions that we will address next week, but it is not too late to submit yours. Post it below, or send it to us at [email protected].
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In video poker, when is a session supposed to end? Is it determined by a percentage of bankroll won or lost? Or should they last a pre-determined amount of time? Often I see video poker players practicing what I call a hit-and-run method whereby they jump on a machine and once they make any kind of substantial hit they leave and go on to another machine. Are these skilled players or just more gamblers using a flawed system? Thank you.
We’ll put this question on the list for next week’s show
I enjoy these listener based podcasts, some really good questions are asked. Thank you Mr. Munchkin and Mr. Dancer for squeezing in my question at the very end with an elaborate response!
Thank you both for answering my question re: a starting bankroll for gambling in retirement. I always appreciate your insights. You haven’t managed to dissuade me Bob, but I appreciate you being open about the difficulties and pitfalls. It would be easy for you to try to sell the lifestyle (and by extension more of your products), so I respect your integrity in being brutally honest about how many people fail at it. Richard – I know it was just a shot in the dark, but thanks for naming a number – it gives me a target to shoot for that can be adjusted up or down depending on how things play out over the next few years..
A video poker session is supposed to end when the VP God, Royalkon, materializes in front of you and sternly orders you to stop playing. Failing that, keep playing until you collapse from fatigue or your bride comes and tells you that you’re late for your wedding.
Please please please Bob can you put your mic on mute when Richard is talking? It sounded as if your mouth was an inch away. Between the heavy mouth breathing and whatever else that was (cough drop? Throat lozenge? Mint?) this episode, while informative, was pretty much unlistenable. Sorry to be blunt but you guys have been doing this a long time. The quality shouldn’t be so poor and amateurish.
Here’s a question. What is the exact W2G rule on ETGs (electronic table games)? I have played three different electronic craps machines, with three different W2G outcomes on “wins” (including return of wager) over $1200. If it makes any difference, physical dice were involved in all three outcomes (these were the “Shoot To Win” machines).
1) At a casino in Las Vegas, my machine locked up and I was given a W2G for a “win” including the return of my wager, of just over $1200.
2) At a Northern Nevada casino, I accidentally placed enough money into action to have a payout (again, including the return of my wager) of over $1300, and the machine didn’t lockup at all or call an attendant – it just put the credits on my balance and the game continued. I did not test to see how far over $1200 I could push it without a lockup, but the only reasonable explanation for this is that the machine was programmed to lock up only in the event of a NET win of $1200 or more.
3) Finally, at a different Northern Nevada casino, a win (including return of bet) of just over $1200 resulted in the payout showing up in the computer as a W2G win, but the supervisor came over, whipped out his calculator, and upon seeing that my actual net win (not including my wager) was nowhere near $1200, overrode the W2G determination the computer had made and simply did a hand pay without the W2G.
So what is the actual rule on this? All three casinos here were very large establishments, and they don’t seem to have a clear answer. Is it really this murky?
I know that we humans look for patterns to explain things but I have to ask: Since mastering basic strategy for single and 6 deck H17, S17 DAS, Surrender and No Surrender, I have noticed that the number of pushes I have seen has increased in frequency. If so, is it due to BS closing the edge between the house and player?
In sports betting, it is common to see best such as Tiger Woods +600 to win a tournament. or the Jets at +1,000,000 to win the Super Bowl 🙂 What about betting the other way? In other words, will a book allow me to wager something like 700 to win 100 where I win if Tiger Woods loses the event? Is there any way to use a combination of other bets to achieve the same effect that offers a realistic chance to get a decent price? I ask this because I know of a futures bet that is currently +1400 and I am very confident it will drop well below +1000. While I may take the bet outright, I would much prefer to lock in a win later if the line moves as I expect it will.