Category: Advanced Strategy

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A New Book?

Bob Dancer

I’ve written recently about retiring from gambling when the new IRS rules for gambling become effective on January 1, 2026. While I’m a senior citizen and retirement is what many people my age dream about, that doesn’t sound very attractive to me. I’ve always taken great pleasure in using my brain and figuring things out. So, what am I to do?

My current best guess is that I’ll write my second autobiography, tentatively entitled Million Dollar Video Poker — The Next 25 Years. The story from my original Million Dollar Video Poker ended in 2001, with me getting kicked out of MGM Grand and Venetian after having a lucky six-month period when I netted more than $1 million.

In 2001, I had my 54th birthday and was still in my prime gambling-wise. While there is no doubt that gambling at video poker was much more lucrative in the 1990s than it has been since, I have still found numerous opportunities every year since then, and have made more money from gambling after 2001 than I made up to that point.

Most of the opportunities I found are no longer around. Do players really want to learn about this history? Do they want to know what kind of mistakes casinos were making in 2004 and 2015 and 2023? I think yes. While there are an infinite number of ways for promotions to be structured, the same types of mistakes by casino marketing people keep happening over and over again. At a minimum, the book will give players examples that just might be relevant down the road.

Good games remain today. After the pandemic. I had good years along with an expensive 2024 — but they added up to more than a half-million dollars net win for me. Some of the games I profited from are gone, but many remain.

I think, though, that the most useful thing I can write about is how I attacked whatever came along. The actual solutions I came up with may not be relevant in a changed environment, but the approach I used to come up with those solutions is still relevant.

Would Anthony Curtis publish this book? Probably. Depending on how good it is. And part of his role as a publisher is to help make the book better. If the first draft weren’t quite good enough, that wouldn’t necessarily be a showstopper.

Part of the problem is my memory isn’t as good today as it was during my first book. And the events I would describe would be 20 years ago, whereas most of the action in MDVP was from two or three years prior to when I wrote about it. We may have to include a disclaimer like what is found at the front of many movies, “Based on a true story.”

Another problem is that some of the juicy promotions are still going on today, and writing about them and how to beat them would be tantamount to killing the deal. That’s probably not a showstopper because it’ll take three or four years to work through the Huntington Press queue, and by that time the promotions would be killed off by others.

Before announcing this project, I wanted to be certain I could see it through. So, beginning in August of this year, I began drafting several chapters for the new book and also making a list of things I wanted to talk about that I haven’t written yet. While it is nowhere near completed, perhaps the first draft of 20% of the final book has been finished. I’m convinced it’s a worthwhile project and I can keep going.

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What Will Casinos Do?

Bob Dancer

I’ve written a few times that starting January 1, 2026, the tax law will be changed drastically for professional gamblers — especially those who get W-2Gs or have a significant paper trail, such as those who bet big amounts in sportsbooks or play in large casino tournaments of any kind.

Blackjack players and poker players who don’t play in tournaments have largely been on the “honor system” to report their wins and losses. These players can apply a “fudge factor” to their scores and generally be all right, despite the new tax law. 

I’m neither suggesting nor condoning they do this, nor am I happy with the fact that they can do this to their taxes and I can’t, but I’m sure it will be done in several cases.

Players who receive W-2Gs and the casinos which send this information to the IRS are hard pressed to find a way around the extra tax. While the IRS threshold for issuing a W-2G is said to be increasing from $1,200 to $2,500 or some other number, and maybe 1099s also (nobody is too sure), these will have a minor effect. A large percentage of W-2Gs are for bigger amounts.

If you’re a big sports bettor with one of the major U.S. books, each sportsbook can report your wins and losses there to the IRS. Whether they will or not, I’m not too sure. My sports betting is very “small time,” and I don’t know how these books treat their bigger customers.

I, for one, announced a few months ago that I will quit gambling on January 1, 2026. Nothing has changed in the meantime to make me change my mind. How many other players will quit, or at least cut back drastically, is an open question. I have no way to estimate how much business in high limit slot rooms will evaporate, but I believe it will be a significant percentage.

There will be players who don’t know about the new law, or don’t think it will apply to them, or basically don’t care. While the profit motive is a major reason I gamble, and when the profit disappears, I disappear, many gamblers don’t care all that much about that. They want to win, but expect to lose, and if it turns out to be an extra $250,000 lost, well that’s too bad. No big for them, perhaps, but it would be for me and most others.

Some though, will put up with the extra loss for one year, and decide they can’t do it anymore, and by calendar 2027, the high limit slot rooms will be largely empty. We’ll see.

I expect casinos to come up with dollar video poker games where the royal flush returns $2,495. We’ve seen “tax free” quarter royals for $1,199, for the same purpose. Or maybe $5 games requiring three or four coins. You still get a W-2G for a royal, but you won’t for most 4-of-a-kinds.

If casinos lose a lot of their high limit slot revenue, you can assume they will tighten up pay schedules and promotions to make up for it. What they’ll actually do is unknown. But my prediction is that most readers of my writings will not like it.

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An Interesting Promotion

Bob Dancer

I wish I knew more about the promotion I’m writing about today, but I’ll share what I have surmised.

For the past several months, some Caesars Rewards properties have offered Next Day Bounceback (NDB). At these properties, if you play at least a minimum amount during a casino day (often 6 a.m. to 5:59 a.m. — but it varies), you get a certain amount of free play added to your account at approximately noon. The exact time can vary from casino to casino.

The percentage return can vary as well. I’ve seen it from 0.1% to 0.75%, depending on the casino. Some “expert” players get a lesser amount. At many of these casinos, the percentage amount returned is less today than it was six months ago.

Sometimes these casinos offer a multiplier to their NDB. At least one of the casinos offers a multiple NDB reward once a week (or sometimes once every other week). It’s at least 2x, and usually 2x, but sometimes more. You don’t learn if you received a 2x, 3x, or other multiplier until after the promotion is over. Another casino awards a 20x NDB multiplier weekly for two hours — but video poker is excluded from this promotion. There are daily limits for the amount of NDB you can earn — but this is only relevant for the biggest of high rollers. Well over 99% of all players won’t come close to earning the limit.

Usually, the casino won’t tell you what the percentage return is on the NDB promotion, so you have to figure it out yourself. Or ask a knowledgeable friend. 

To figure it out, you need to know how much money you received, and how much coin-in you played to earn that money. For example, let’s assume you played 500 Tier Credits (TCs) at video poker and received $20 in NDB. What percentage is that?

On most video poker machines at these properties, it requires $10 coin-in to earn one TC, so 500 TCs mean you played $5,000 through the machine. Your percentage return is $20 / $5,000 = 0.004 = 0.4%. 

At some of these casinos, it takes $20 or $25 to earn a TC on the loosest video poker machines. In these cases, 500 TCs mean you played $10,000 or $12,500, respectively. The percentage return becomes 0.2% or 0.16%, respectively.

Slot players at these casinos typically earn one TC for $5 coin-in, so if you’re a slot player, the return, in this case, is 0.8%.

The percentage you’ve received before does not have to be the percentage you’re going to receive today. While the percentage rate could go up, I suppose, I’ve only seen it stay the same or go down. 

While NDB becomes available at noon, it needs to be downloaded into your bank within a certain number of days (which varies by casino) and once it’s in your bank it’s good for 72 hours (or some other period of time). The Caesars Rewards booth at the particular casino you’re interested in will likely tell you these lengths of time.

At one out-of-town casino I frequent, NDB used to be good for 90 days after earning it, but now it is only good for 30 days. If I have to leave for my flight home before noon on my last day, this might mean I don’t play on the next-to-last day. That’ll be the day for sightseeing. If I leave for my flight after noon, I probably won’t play between 6 a.m. and when I leave because if I did, I would forfeit any NDB I earned. If I were a local, I wouldn’t worry about this because I know I’ll be back before my NDB expires.

On the last day of my stay, it could be that a promotion is in effect that dwarfs whatever I could earn from NDB, so I’ll keep playing after 6 a.m. even though I know that I won’t be able to collect the NDB (assuming I’m not planning on returning to this casino within the requisite time period.)

The expiration period for multiple NDB days does not have to be the same as the regular 1x NDB days. In fact, it usually isn’t.

For most players, they’ll learn to stay until after noon on their last day in order to collect their extra money. This means they might stay longer than they used to. For most players, NDB means they’ll lose less money because of this “rebate,” although many will simply play more and it’ll all come out about the same.

These casinos have multiple promotions and NDB is just one of them. Often, you’ll have multiplier days for TCs or Reward Credits (RCs), which are different. Sometimes if you play a certain number of TCs you get extra benefits. Sometimes you earn benefits that are hard to quantify (such as 100x drawing tickets). These casinos have monthly mailers and for big-enough players, they’ll receive a certain amount of free play based on how much they played.

As best I can, I try to add up the value of the benefits with the return of the video poker machine I’m playing. Sometimes I can get it pretty precise. Sometimes it’s sort of a scientific wild-assed guess based on the best information I have. 

When I play slots, it’s hard to get the precise percentage return. I might know that it’s positive-equity to play a certain machine when the mini meter is above 22 or the minor meter is above 30, but if I find a machine when these numbers are at 21 and 29, I assume I have the advantage but I’m unsure how much. While both numbers are slightly below being positive in and of themselves, the combination is surely a good one to play.

Also. when I play slots, I usually only play when one-or-more meters is above a certain level. When it’s no longer that high, I move on and try to find another game in a positive state. On each machine I check, it could be there are 50 different amounts to check, ranging perhaps from 50 cents to 50 dollars. Any of these could be positive and I won’t know before I go check which one(s) will be that way. In video poker, on the other hand, I’m usually playing one particular machine and I know going in what denomination I’ll be playing and the return on the game.

I don’t know how much longer NDB will last. The fact that the return rates have been decreasing leads me to conclude that they will be down to zero in the relatively near future — at least at some of these properties— but I could be wrong. 

When the new tax law kicks in on January, if enough players quit or cut back, these casinos might increase NDB in order to lure players back. For me this won’t work, but it might for some other players.

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Career Path — Part II of II

Bob Dancer

In last week’s blog, in a semi-fictionalized story, I had a conversation with a recent college graduate, “John,” about whether he should become a professional gambler. I think I should have given him the “Stan and Pearl” test to see if he understands the basics of gambling.

I first discussed Stan and Pearl in my Million Dollar Video Poker autobiography. (Actually, it was my first autobiography. I’m considering penning Million Dollar Video Poker: The Next 25 Years if the new tax law provides me with a lot more free time than I currently have. We’ll see.) Every student who attended one of my “Secrets of a Video Poker Winner” classes has heard this story, and I’ve written about it in this blog at least a few times — but not for several years, and some of my readers haven’t been exposed to it before.

Most people believe the Stan and Pearl problem is very easy. And it is. Surprisingly, however, a high percentage of people get the wrong answer the first time they hear the problem. People who correctly understand what successful gambling is all about get it correct every time. People who don’t understand successful gambling, but think they do, often get it wrong.

Stan and Pearl are imaginary video poker playing friends. They play video poker with a level of skill and discipline far beyond what is found in most players. 

The game they play perfectly is $1 9/6 Jacks or Better — without a slot club, returning a bit more than 99.5%. 

Stan plays 10 hands every day and then, win or lose, stops. 

Pearl plays 10 hands every day. If she has hit a flush or higher (paying 30 coins or more), she plays another five hands (costing 25 coins). If in those five hands she connects on another flush or higher, she plays another five hands. Eventually she’ll hit a five-hand dry spell and will quit for the day.

Stan stops and Pearl parlays. “Parlay” is a term with quite a few different definitions. Here I’m using it to mean she bets with her winnings.

The question is: Assuming Stan and Pearl follow their strategy perfectly, who is likely to have the better cumulative score at the end of one year?

Don’t let the genders of these imaginary friends influence your decision. The names were selected for wordplay reasons. I could just as easily have made them both men —Stan and Paul — or both women —Stella and Pearl. 

When I teach it in class, I ask the students to raise their hands if they think Pearl will have the better score. I then ask the people with a hand up why they chose Pearl. The answers typically include:

“She’s riding a hot streak — betting more when she’s winning.”

“When she’s not winning anymore, she stops.”

“She’s playing more, giving her a better chance at getting lucky.”

Pretty soon we exhaust the reasons why people select Pearl. I then announce that anyone who voted for Pearl having the better annual score has no clue about what the winning process is all about.

I then ask if someone who voted for Stan having the better score will explain why. Almost always I get the correct answer: 9/6 Jacks or Better without a slot club is a game where the house has a half-percent advantage. Since Pearl plays more when the house has the advantage, she will lose more than Stan, on average. Since Stan plays less of this negative game, he will lose less. They will both be net losers, but Stan will lose less.

I then give them the second version of the puzzle. This time they are playing the same 99.5% game but there is now a 1% cash slot club. Stan still plays 10 hands per day, and Pearl still plays at least 10 hands, and more if she hits a flush or higher. Now who likely has the better score?

Most of the class correctly vote for Pearl this time. With the slot club, the player has a half-percent advantage over the house and now whoever bets more has the better chance of coming out ahead.

In summary, if you have the advantage, over time you’ll likely come out ahead. If you don’t, you likely won’t.

The reason I’m bringing this story out again is that in the scenario I outlined in last week’s blog, I had a discussion with a recent college graduate about whether he could pursue a life as a professional gambler. 

I wished I had given him this test. Anyone wishing to succeed at gambling should get the right answer for the right reason.

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Does It Follow?

Bob Dancer

Assume you’re trying to figure out which casino to frequent in Las Vegas. You’ve heard that I’ve played at the South Point and have done well there. Does it follow that the South Point is a good place for you to play?

Some factors to consider:

  1. What game(s) do I play there? 
  2. Is that (are those) game(s) available there at stakes that are comfortable for you?
  3. Do you know that (those) game(s) well?
  4. Do I limit my play there to cases when certain promotions are going on? If so, is that promotion going to be in effect when you wish to play?
  5. I am a senior, and South Point has senior days. Do I play on senior days and are you a senior?
  6. For the right promotion, I can play many hours starting at any time of the day or night. Are you comfortable with playing any shift depending on promotions?
  7. Are you eligible to play there? South Point, like most or maybe all casinos, has restricted certain players from getting mailers, and others from even getting slot club points. Are you such a person?
  8. I play there as a local. Out-of-towners receive a different package of benefits than locals do. Are you a local?
  9. Do you like the South Point? Liking any particular casino is an individual preference. If you don’t like the South Point for any reason, it’s probably not a good choice for you.
  10. The casino has removed several of its loosest games recently. There are still plenty of good games — though not as many as there used to be. Is the game you want to play still there?
  11. If I lose several thousand dollars playing a promotion where I believe I have the advantage, it’s not really a big deal to me. Are you that sanguine about losses?
  12. The promotions at the South Point are much less generous than they were a few years ago. How does this affect the profitability of playing there?
  13. They used to have a better selection of persistence slots than they now. While this affects the casino’s desirability from my point of view, if you’re not a slot player, this is irrelevant to you. 
  14. The casino recently slashed the cash back rate in half for video poker players — going from 0.30% to 0.15%. Does this change how much, if at all, I still play there?

I could extend this list, but you get the point. Even knowing I play there, there are things about my play that you do not know. I don’t publish exactly how much I play there, on which games, and why I’m playing certain promotions and avoiding others.

What prompted me to write this blog is that I recently read “You’re About to Make a Terrible Mistake,” by Olivier Sibony. This book uses behavioral economics concepts previously explored by authors such as Daniel Kahneman, Dan Ariely, Amos Tversky, Richard Thayler and others to examine mistakes made in business and how to avoid them.

One of the concepts that he spends a lot of time on is that it rarely makes sense to exactly copy what somebody else is doing. Circumstances are always a bit different when you’re trying to follow somebody else’s footprints. It’s usually better to do something similar, yet different.

While it was addressed in terms of Fortune 500 companies, I suggest it applies to video poker players as well — where each of us tries to manage our own gambling business. Those who take it beyond the strictly recreational level make decisions and actions aimed at trying to succeed.

So how should knowing thatI play at the South Point affect your decisions? Probably as a “check it out” type of deal. Even if you aren’t trying to copy me exactly, that fact that I find it a worthwhile place to play (or at least I did before they cut the slot club cash back rate) should indicate that there’s probably something worthwhile there.

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A Different Sort of Advantage Play

Bob Dancer

When I’m in Las Vegas, I usually drive my own car to go places. Sometimes, though, using rideshare is convenient. Like going to or from the airport. Or taking me to physical therapy appointments when I’m recovering from one surgery or another and I’m not supposed to drive. While I do enjoy a glass of wine with dinner periodically, I haven’t been too impaired to drive safely since my college days more than 50 years ago, but I suppose it could happen again.

I have both Lyft and Uber accounts set up, but in 20 trials, Lyft was always cheaper than Uber. So, I only use Lyft. It’s possible that Uber might be cheaper than Lyft some of the time. Since many of the Lyft drivers also drive for Uber, I’m assuming the experience itself is pretty similar between the two companies.

Bonnie and I go to Reno 20 times a year or so. While most of our play is at one casino, we do play at others there and so earn free play. We schedule our trips, among other parameters, so we can pick up any free play we’re offered.

If we have three or more casinos to visit during a trip (or if Lake Tahoe, which is 60 miles away, has one of those casinos), we’ll rent a car. But if it’s only two casinos, we’ll take the shuttle from the airport to get to the first casino offering free play, and Lyft our way to the casino where we’ll stay. While we could take a shuttle back to the airport and get another shuttle from the airport to the second casino, that can easily take an hour or so and Lyft is much quicker.

On one occasion, we did this in reverse. That is, we took the shuttle to the main casino we were going to stay for the trip and used Lyft to take us to the second. From there, we would take a shuttle to the airport. 

On this occasion, I brought most of our luggage down to the video poker machine I play, and was waiting for Bonnie to join me. She was still in the room and was going to meet me at the machine. I opened up the Lyft app to check how much it would be to go to the second casino and found out it was $12.50. I didn’t order the ride (Bonnie wasn’t there yet), but I left the app open. Five minutes later, the price was $9.75, and ten minutes after that it was $18.

While I knew rideshare pricing is based on supply and demand, I didn’t realize it jumped around so much so quickly.

When Bonnie arrived, the price was $14.35. I waited a few minutes and it dropped to $10.95, which I took. That wasn’t the lowest price of the day, but if I took the earlier price of $9.75, the ride would have come and gone before Bonnie got there. And leaving Bonnie behind wasn’t an option.

But $10.95 was a relatively low price. It was much lower than $18 and was the second-lowest price I’d seen in the last half hour. It’s possible the next price would be $8.35, but it’s also possible it would be $17.70. I have to pull the trigger some time, so I pick a price that is relatively low.

It’s possible that the first price I see will be the lowest one for quite some time. I won’t get that price, usually. Unless we’ve taken the same route at the same time of day several times, we don’t know a good price from a bad price. So we almost always get a few prices and pick a relatively low one.

Now, Bonnie and I make a game out of which Lyft price to take. If the price drops when we’re ready to go, we jump on it and feel good about saving $1.25 or so. Never mind that we might be up or down $40,000 for the trip.

In Las Vegas when we take Lyft from the airport home, I expect the price to be rather stable. During normal business hours, there are always a lot of people wanting to use Lyft to get away from the airport. The last time we took it, the price was $19.99, and it stayed that way for almost ten minutes. Finally, it dropped all the way to $19.85. I took it. 

When I “bragged” to Bonnie about saving a whole 14 cents, we both laughed. This time, what we saved was essentially zero. But doing this over and over again, we’ll get lower prices in total than if we blindly just take the first one.

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Crying Over Spilt Milk

Bob Dancer

The new tax law was signed on July 4, 2025. The gambling provisions have little effect on recreational gamblers but are career-endingly serious for professional gamblers. The Gambling with an Edge podcast with Russell Fox about this new tax law was posted July 16, and you can find it on YouTube or in several other places.

There are several possibilities that this law could be changed before January 1, 2026 — and we won’t know for some time if any of these possibilities will come in.  While Richard Munchkin expressed optimism in the podcast about one of these avenues for changing the law coming to fruition before January 1, I’m less sanguine about it. I’m preparing for my gambling life as I know it to be over in a few months.

For those unaware of how punitive this new law is for professional gamblers, consider two recent years of mine. In both years my W-2Gs added up to about $6 million. I’m playing high denominations games with a small edge. In one year, my gambling score was -$150,000 and in the other, +$200,000. I have non-gambling income as well. I also record my gambling expenses, which I’m entitled to do as I file as a professional gambler.

In the first year, since I lost money gambling, I paid no taxes on the gambling part of my income. In the second year, I paid quite a bit. Nobody likes to pay taxes, certainly including me, but it’s the price we pay to live in this country.

Under the new law, I would only be able to deduce $5.4 million in gambling losses in each year. (W-2Gs are considered proven gambling wins by the IRS and you can deduct up to 90% of them as losses.) That means in both years (one I lost $150,000 and the other I won $200,000), I would owe taxes on $600,000 of phantom income, in addition to the taxes on my other income. Minus 90% of my gambling expenses, of course, but those came nowhere near $600,000.)

It won’t take many of these tax years to wipe me out completely.

Some people manage to avoid paying taxes by simply lying about how much they make. When you get W-2Gs, though, you can’t lie about them. They go to the IRS and your tax return should claim at least the total dollar amount on the W-2Gs as in on the IRS computers, or they will come after you. In the past, it was always safe to add a few hundred thousand dollars to the W-2G total (because they would all be written off), but starting next year, adding $200,000 to this total will increase the amount you have to pay taxes on by $20,000.

Playing single-line quarters and avoiding W-2Gs altogether is not something I’m interested in. I don’t gamble “for fun.” I gamble for profit and the profit you can make playing games this small are smaller than I wish to seek. I know some of my readers take this route, and I’m not putting them down in any respect, but it’s not the life I want for me.

I’m both planning on exploiting the games I find for the last five months of this year, and planning on what I’m going to do with the rest of my life. This second kind of planning is both more difficult and not as far along as my plans for the rest of this year. It may well include stopping writing this blog. Most of the blog-posts here are inspired by something happening in a casino. If I won’t be in casinos, I’ll simply run out of new things to say. I already repeat myself more than some of you like. 

I’ve considered stiffing casinos on my way out the door on December 31, but have decided against it. While the gambling law might not change prior to 2026, there are also possibilities it could change in mid-2026 or later and I want to keep casino doors open to me should that happen. Stopping playing because of the tax law is easy for casino to understand. If they tolerated my action before, they will probably welcome me back. Taking front money and then not playing (so as to maximize my short-term profits on the way out the door) is much harder for casinos to forgive. So, I won’t do it.

One thing I won’t do is to lie around and cry over opportunities lost. I’ve had a longer and more successful gambling career than most, and if it ends in five months, so be it. I’ve saved enough to be set (unless the Doomsday Clock actually strikes twelve, which is definitely possible), so Bonnie and I will make the best of the time we have left together.

And, of course, I will hope the law gets changed soon. If it does, I plan to be ready to go in 2026 right where leave off on in 2025.

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Do Tariffs Affect Winning in the Casino?

Bob Dancer

I rarely write about politics. After all, whatever my political views are, it’s a safe bet that many of you have opposite views. Since part of my business model is to have some of you buy my beat-the-casinos literature, the fewer people I can alienate, the better for me.

Even though tariffs are about as political as it can get these days, what I have to say isn’t particularly political. My subject matter deals with how players take advantage of this situation.

Tariffs, basically, are a tax on imports — intended to protect the home country at the expense of foreign countries. My personal prejudice is that free trade, meaning no tariffs at all, is the better plan, but that’s neither here nor there. It is not my goal to try to convince you that my belief is best.

Consumers and business can adapt to relatively small tariffs if they’re predictable. The problem is uncertainty. If tariffs are announced, and then delayed, and then reinstated at a different rate, and then exceptions are announced, and then the courts make rulings changing the legality of tariffs — and then sometimes overturn those rulings — we have a whole lot of uncertainty. It’s hard for a small business to decide what to order for the Christmas season if that business can’t know what the prices are going to be. 

Casinos, especially the large ones with hotels, have to buy thousands of items of all sorts to supply their needs. Some of those items have been hit with tariffs, which increases their costs the same as any other business.

This is compounded with a shrinking player base. Their customers (including you and me) are facing higher costs due to the tariffs. Many of their bigger customers are small business owners, who are facing an uncertain financial environment. While there are some players who are going to continue to gamble come Hell or high water, many gamblers are cutting back for a while.

Casinos typically react to rising costs and a shrinking player base in one of two completely opposite ways. The first of these is bad for the players and should be avoided, and the second is good for the players and I, for one, am playing more at such casinos.

The first way — bad for the players — is for the casino to tighten everything. Good pay tables are eliminated, mailers cut, and promotions are reduced. The casino is attempting to ride out this economic situation by reducing costs. There are several such casinos in Las Vegas, and I’m reducing or eliminating my play at them.

The second way that casinos deal with this economic situation is to bribe players to come in and play. They do this by having better promotions than they usually do. They reason that they will benefit from extra play as many players are fleeing from the other casinos that are tightening up. There are a few casinos that are doing this. When I find them, I patronize them and attempt to take advantage of their promotions.

This requires more scouting than usual, but for me, so far, once I figured out what to look for, it has been a successful approach. At this point, I’m not identifying the casinos I’m playing at less and the ones I’m playing at more. Maybe later. But once your eyes have been opened to what to look for, it’s not that hard to figure out which casinos have which approach to dealing with this economic situation.

Note: Let’s keep the comments, if any, on ways to beat the casino and away from politics. Whether you are in favor or opposed to Trump and his policies, or believe the courts are helping or hurting the situation, if you post such opinions in this thread, I will delete your post. Whatever your political views, there are other forums where your comments on that are welcome. My blog is not such a forum. Additional note: Since I prepared this blog and before its release date, Congress passed a law greatly penalizing gamblers tax-wise. So greatly that I, for one, am strongly considering giving up gambling at the end of 2025. At the age of 78, I’ll have to figure out what I want to do when I grow up. Richard Munchkin and I are attempting to get our tax guru, Russell Fox, to do a special episode of Gambling with an Edge. Assuming Russell Fox comes on the show, after talking to him I may find a way to continue my profession. We’ll see. As in the previous note, if you comment on this, keep it away from political diatribes. Keep it on the theme of succeeding at gambling.

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Should I Say Anything?

Bob Dancer

The details of today’s incident caused me to wonder whether I should say anything to casino management. If they chose to “fix” the inconsistency it could either go in a way that would slightly benefit or slightly hurt other players. I’ve kept quiet, but I am writing about it. Maybe one or more of you will speak up about it. I’m sure this happens in more places than I know about.

The One Club is the slot club system used by Circa, Golden Gate, and The D, in downtown Las Vegas — all of which are casinos owned by Derek Stevens.  Among other benefits, Bonnie and I each receive $100 in food and beverage twice a month from the One Club. We redeem these comps at 8 East and Saginaw’s Delicatessen inside Circa and Joe Vicari’s Andiamo’s Steakhouse  inside The D. There are other eligible food outlets and numerous bars, but these are the places we frequent.

The idiosyncrasy that prompted this blog post is that the two restaurants at Circa include sales tax of 8.5% or so against our comp balance when we eat there and the one at the D doesn’t. So, we get $100 retail worth of food at The D and only about $92 worth at Circa. And both casinos belong to the same organization.

In many casino restaurants, sales tax disappears when you use a comp or pay with points. Things can vary when the restaurants are not owned by the casino but just rent the space. Some of these don’t accept comps at all, but others, like Ruth’s Chris Steakhouses in various Harrah’s casinos, charge extra if you are using comps.

There are other Joe Vicari restaurants around the country, so I’m guessing Andiamo’s isn’t actually owned by The D. And that’s the place that waives sales tax for compees. I can find no other Saginaw’s Delicatessens or 8 East restaurants on Google, so I’m guessing these are owned by Circa. 

I’ve not met Derek Stevens, the owner of the other casinos involved here, but he has the reputation of being approachable. I believe I could find a way to ask him about his sales tax on comps policy if I tried hard enough. 

But what would happen if I did? One possibility is that he would remove this internal inconsistency by starting to charge sales tax on comped dinners at Andiamo’s — which is a solution that players certainly don’t want.

So, I’ll let things be and remain curious about why things are the way they are. There are a whole lot of situations where I don’t understand things, but I don’t have a mission in life to get to the bottom of everything.

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A Closer Look at the NSU Puzzler

Bob Dancer

Last week my blog consisted of five mini-blogs. Each of these was about something I wanted to say but none was worth an entire column.

The last of these, changing notation slightly, was that you were playing NSU Deuces Wild and were dealt W45K as your first four cards, where the W represents a deuce and bold italics represent the cards that are suited with each other. Last week I called them all spades. It doesn’t really matter, but I’ll keep that true this week because it will simplify the answer. The question was: Of the possible 48 cards remaining in the deck, how many of them make the proper hold for the hand be exactly W45?

After I prepared that blog, but before it was published, I asked the same question to a couple of player-friends. They each had several answers/guesses and didn’t get the correct answer until I suggested they look it up on computer software. Before going on, I’ll be talking about relatively advanced concepts today. If you’re a beginning player, trying to learn advanced concepts before you have mastered the basics can mess up your learning process. You’ve been warned!

First let me give you how to play each of the 48 possible hands, and then I’ll tell you why. The dollar figures on each line tell you how much of an error it would be if you played W45 and you were playing for dollars, five coins at a time.

9 cards — any spade gives you a five-card flush. $10.31

3 cards — any deuce makes the correct play WW45. $15.65

9 cards — any 4, 5, or K gives you 3-of-a-kind. $4.78

15 cards — any non-spade A, 3, 6, 7, or 8 gives you a hand where the solitary deuce is the correct hold because these cards provide a straight penalty and the original K penalty . Between 9 cents and 20 cents, depending on which card we’re talking about

9 cards — any non-spade 9, J, or Q also gives you a correct hold of the deuce by itself because of “Power of the Pack” reasons and the possibility of a wild royal flush. Between 0.6 cents and 1.5 cents, depending on which card we’re talking about.

3 cards — any non-spade T makes the correct hold W45. Better than the solitary deuce by 0.9 cents. So, the correct answer was 3 out of 48 cards.

Now let’s talk about it. For the first three categories: the flush, 3-of-a-kind, and WW45, I’m not going to discuss any further. They should be obvious to all readers of a video poker column.

The next category, any A, 3, 6, 7, or 8 which are all straight penalties to W45, plus the king of spades which is a flush penalty. In Level 4 strategy on both the Dancer Daily strategy card and the Winner’s Guide, it says hold the deuce itself when there is both a flush and straight penalty. 

The next category, any 9, J, or Q, has Power of the Pack considerations. In the Winner’s Guides, we used the term “Pack” to indicate the remaining cards after the first five have been dealt. Here I’m slightly modifying that to indicate the remaining cards after the first four have been dealt.

When you are considering one or more deuces by themselves, the more cards that are already dealt at the extremes of the A3456789TJQKA continuum, the more likely you are to end up with a straight or straight flush with the cards remaining in the pack.

The king itself is the critical card here. For this rule to apply the cards must specifically be KQ, KJ, or K9, with one of them suited with the W45.

The reason why W45K T has a different play than W45K 9 is that the T interferes with wild royal flushes when you hold the deuce by itself. Out of the 178,365 possible draws from that deuce, 192 of them form a wild royal when you are dealt a T and throw it away compared to 236 of them form a wild royal when you are dealt a 9 and throw it away.

As we already mentioned, the flush and straight penalty cards lead to an error of between 9 cents and 20 cents. For some players, that is too small to worry about. I understand. For recreational players, going through the trouble to learn, memorize, and recall this penalty card situation is more trouble than it’s worth. Especially since it’s a relatively rare hand. Still, to me this a MAJOR ERROR, far larger than I’m willing to voluntarily put up with.

The Power of the Pack considerations at the end are all worth less than two cents. Which is why these corrections were listed in the appendix to the Winner’s Guide while the rule including flush and straight penalties was listed in our Level 4 Advanced strategy. 

Even though it’s not always worth a whole lot, I have all of these rules memorized and apply them whenever they arise. Part of this is because I play for larger stakes than $1, five coins at a time. Part of it is because, in spring 2025, coin-in on this game is probably more than 50% of all my gambling activity. And part of it is just my outlook on gambling — if I’m going to do it, I look for every legal edge I can get.