{"id":122775,"date":"2022-08-23T10:26:23","date_gmt":"2022-08-23T17:26:23","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/?p=122775"},"modified":"2022-08-23T10:26:29","modified_gmt":"2022-08-23T17:26:29","slug":"promotion-at-mollys-part-ii-of-ii","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/promotion-at-mollys-part-ii-of-ii\/","title":{"rendered":"Promotion at Molly\u2019s — Part II of II"},"content":{"rendered":"\n

In last week\u2019s blog I described a loss rebate promotion at Molly\u2019s, a chain of local 15-machine pubs in Las Vegas. I know many of my readers aren\u2019t Vegas locals. While the specifics of today\u2019s enhancement concern Molly\u2019s, I\u2019m hoping to make the discussion general enough so that it might be useful elsewhere as well.<\/p>\n\n\n\n

Assume you take my advice of playing $2 8\/5 Double Double Bonus Poker (DDB) until you\u2019ve either lost $20 or have won $160 or more. If you do lose $20 (which will happen most of the time), you collect your $20 rebate and play it off on 25 cent 7\/5 Bonus Poker (BP).<\/p>\n\n\n\n

When you go to Molly\u2019s, however, you might find a situation not described last week. On your first hand, you are dealt a pair of jacks, hold it, and after the draw it doesn\u2019t improve. This is worth the $10 you spent playing the hand.<\/p>\n\n\n\n

But instead of receiving $10, the machine asks if you want to double up. That is, risk the $10 you\u2019ve already earned to receive equal chances of turning this into $20 or $0. <\/p>\n\n\n\n

The three questions are: Do you double up? Would your answer change if you had received a full house (worth $80)? Or how about four kings (worth $500)?<\/p>\n\n\n\n

Asking more questions before I give you my answers:  How about after you\u2019ve lost your initial $20 (which will usually but not always happen) and have received $20 free play, would you use the double up feature then?<\/p>\n\n\n\n

I\u2019ll tell how I answer these questions. I\u2019m not positive that I\u2019m correct, but I am putting my money where my mouth is! This is what I\u2019m doing at Molly\u2019s, when I go.<\/p>\n\n\n\n

When I\u2019m playing the $2 DDB game, my goal is to reach at least $160 or to lose $20. I know that over time I\u2019m going to reach both of those goals several times — although the number of times I lose $20 will greatly exceed the number of times I reach $160.<\/p>\n\n\n\n

If I\u2019m still in the range of not having lost $20 nor having won $160, I\u2019m doubling up every chance I get! If I exceed the $160, I\u2019m no longer doubling up.<\/p>\n\n\n\n

So when I receive a $10 \u201cjackpot,\u201d I\u2019m definitely doubling. If I win and it goes up to $20. I\u2019m doubling again. Same with $40. When it\u2019s up to $80, I\u2019m doubling one last time.<\/p>\n\n\n\n

This will leave me with $160 (actually $150 because I had to pay a $10 ante to get started), but being $150 ahead is \u201cclose enough.\u201d A successful double up from there will put me far over my goal, so it is mostly inefficient. <\/p>\n\n\n\n

I will have had to win four 50-50 bets in a row (assuming I \u201cwon\u201d $10 on my initial bet), which I\u2019ll only do 1-in-16 times, but this way of gambling is much more efficient than playing this DDB game $10 at a time.<\/p>\n\n\n\n

If I received a straight on my initial hand (worth $40), I would have doubled it and then doubled it again if I won the first time. One time in four, I\u2019d reach my goal and quit.<\/p>\n\n\n\n

If I received a $500 quad, I\u2019m taking the money and stopping. I will have reached my \u201cwin at least $160\u201d goal.  <\/p>\n\n\n\n

When I wrote the above, I was assuming the stopping point didn\u2019t change whether or not you used the double up feature. I was wrong. A better strategy is to keep doubling until you get a W-2G, assuming you\u2019re a professional and can write them off. If you can\u2019t write them off, keep doubling until you\u2019re just short of a W-2G. That is, double a $500 jackpot. If it wins, double it if you file as a professional gambler and don\u2019t if you don\u2019t.<\/span><\/p>\n\n\n\n

Now let\u2019s say I\u2019ve lost my $20 on the $2 DDB game and am playing 25 cent BP. I win a hand and am presented with the double up option. Now what do I do?<\/p>\n\n\n\n

I don\u2019t double up. My goal is to play 16 hands of BP until I have used up my $20 in free play. Doubling up doesn\u2019t reduce that number of hands I need to play. Doubling up doesn\u2019t require an additional bet. It just gives you a 50-50 gamble on the winnings of a hand already completed.<\/p>\n\n\n\n

If you want to double up more than I do, it\u2019s not terrible. After all, it\u2019s a 100% bet. But I spend my time gambling at games returning in excess of 100% (including everything), so betting at a mere 100% doesn\u2019t interest me at all.<\/p>\n\n\n\n

Keep in mind, that doubling up again and again greatly increases the chances of you losing today — although the occasional winning sessions will be much larger than if you didn\u2019t double up. This takes a certain type of personality to tolerate.\u00a0 The suggestion to consider doubling up came from Filius Bruce (www.blog.vidpoke.com<\/a>). I didn\u2019t see the logic of it immediately, but upon reflection, I now believe it\u2019s correct to do so as presented in this blog.<\/p>\n\"Facebook\"<\/a>\"twitter\"<\/a>\"youtube\"<\/a>\"instagram\"<\/a>","protected":false},"excerpt":{"rendered":"

In last week\u2019s blog I described a loss rebate promotion at Molly\u2019s, a chain of local 15-machine pubs in Las Vegas. I know many of my readers aren\u2019t Vegas locals. While the specifics of today\u2019s enhancement concern Molly\u2019s, I\u2019m hoping to make the discussion general enough so that it might be useful elsewhere as well. […]<\/p>\n","protected":false},"author":2,"featured_media":6498,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"spay_email":"","jetpack_publicize_message":"Promotion at Molly\u2019s --- Part II of II by Bob Dancer","jetpack_is_tweetstorm":false},"categories":[2,3,9],"tags":[428,1757,196],"yoast_head":"\nPromotion at Molly\u2019s - Part II of II - Gambling With An Edge<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/promotion-at-mollys-part-ii-of-ii\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Promotion at Molly\u2019s - Part II of II - Gambling With An Edge\" \/>\n<meta property=\"og:description\" content=\"In last week\u2019s blog I described a loss rebate promotion at Molly\u2019s, a chain of local 15-machine pubs in Las Vegas. I know many of my readers aren\u2019t Vegas locals. While the specifics of today\u2019s enhancement concern Molly\u2019s, I\u2019m hoping to make the discussion general enough so that it might be useful elsewhere as well. 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