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The good, the bad and the ugly

Well, at least somebody displaced by the California wildfires is getting a comped Las Vegas stay out of it. And that somebody is/are unfortunate, homeless horses. They’re getting free room and board in the paddock area of the Plaza Hotel downtown. Let’s thank CEO Jonathan Jossel and the good people of the Plaza for doing the right thing. There’s at least one casino in Sin City that doesn’t see the SoCal conflagration as a quickie cash-in opportunity from somebody else’s misfortune.

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Hockey Knights in Vegas: Episode 95

Hockey Knights in Vegas is BACK!

Episode 95 gets off to a rip-roaring start. Eddie is in a foul mood after watching the VGK’s win over Minnesota on Sunday afternoon. Lots of dirty play carried over from the first meeting of the year and once again, Marcus Foligno was right in the middle of it.

Keegan Kolesar again showed leadership and grit by answering the bell against Foligno in a fight that never should have happened. At least, it shouldn’t have been Kolesar who had to fight.

On to the games, Chris and Eddie discuss the epic two-game losing streak (per the fan base) and whether there’s any concern whatsoever.

Episode 95 finishes up with Flowers for Flower. Marc Andre Fleury made his last appearance at The Fortress and the crowd gave him a rousing send-off.

All that and more ways to win FREE TICKETS to the January 26th matchup vs the Florida Panthers!

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How Do You Figure?

Bob Dancer

A reader posed the following question, which I lightly edited: I came across a quarter pay table I have a question about. It’s a three-coin game, with progressives on the royal flush, straight flush, and four aces. It’s 9/6 Double Bonus, and the royal is currently at $1,122. I think it’s probably pretty positive, but how do I figure that out for sure?

I’ve never seen a three-coin quarter game, but I have played three-coin games for higher denominations. I invite my readers to try to figure it out before I explain how I would do this.

Before any of us get started, there are a couple of things to specify. Saying the game is 9/6 Double Bonus doesn’t tell us how much you get for the straight. One can find both 9/6/5 games (where the straight returns five-for-one) as well as 9/6/4 games (where the straight returns four-for-one). I’ll figure it out for both pay tables.

Second, the question said there were three progressives, but only provided the level for one of them. Presumably, this means that ethe other two progressives were currently close to their reset values, but surely that won’t always be the case. While the latter two progressives aren’t part of today’s problem set, I’ll outline at the end how you can include them in your calculations.

Once you have figured this out for both the 9/6/5 and the 9/6/4 games, then you can read the rest of this blog. As I frequently say when I ask you to figure something out yourself before reading on: Take as long as you like. I don’t mind waiting for you.

Here’s how I would attack this problem.

Video poker software is generally set up for five-coin games. The adjustment for three coins isn’t very difficult, but it’s not obvious to all players. Once you figure out, or are told, what the “trick” is, it’s pretty simple.

A three-coin quarter game costs 75¢ to play per hand. This makes it equivalent to a 15¢ game, played five coins at a time, which comes out to the same 75¢. While there are no actual 15¢ coins in the real-world United States, we can imagine such coins if that’s what it takes to figure this out. To calculate out how many of these 15¢ “coins” would be necessary to total the royal flush amount of $1,122, we simply divide $1,122 by $0.15. When we do this, we get that the royal flush is equivalent to 7,480 coins. This is almost a “double royal,” as royals typically return 4,000 coins.

So now we plug this into any video poker software. Doing so, I get 99.78% for the 9/6/5 pay table and 98.38% for the 9/6/4 pay table. Reset on the straight flush (250 x 15¢) is $37.50 and reset for four aces (800 x 15¢) is $120. If the existing progressive numbers are higher than these, simply divide the numbers by 15¢ and plug those values into the same computer software.

I suspect the game is more likely to be 9/6/4 than 9/6/5. Four-for-one is far more common for straights, and the original poster possibly would have noticed the “unusual” five-for-one had it been there. This leaves the game with a 98.38% return, which is nowhere near “pretty positive,” although in many casinos this would be the loosest game available for quarters or less.

So, those of you who were able to figure this out before I gave you my answer, congratulations!

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F1 boost? Forget it!

A second running of the Las Vegas Grand Prix has come and gone, without moving the needle on the Las Vegas Strip. In fact, baccarat play was dreadful. Casino takings fell 18%, as players wagered 8.5% less on the game. Wasn’t Formula One supposed to bring in the whales? Guess again. The one Strip growth area was a low-roller one: slot play. Coin-in was up 5.5%. But Lady Luck was with the players, who made the casinos pay in the form of a 2.5% decline in one-armed bandit income. Table game revenues also suffered, down 5% on 9% less wagering.

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Hockey Knights in Vegas Episode 94: Report Card Time

Hockey Knights in Vegas is BACK!

The VGK are halfway through the ’24-’25 season and it’s time for Professors Rivkin and Chapman
to hand out their midterm grades on: offense, defense, power play, penalty kill, goaltending, coaching, team MVP, and overall.

Compare your scores to Eddie and Chris’s and comment with your thoughts!
 
And MORE DETAILS on THE GOLDEN TICKET GIVEAWAY for January 26 vs the Florida
Panthers!

2 LOWER BOWL TICKETS
FREE PARKING
Pre Game Dinner with Eddie Rivkin & Chris Chapman at Eldorado Cantina
TO WIN: Like, subscribe, and share the podcast from the YouTube page
Comment “JACK” on the YouTube page.

Tickets courtesy of Marathon Law Group

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Business as usual

Just when you thought that Illinois‘ casino business couldn’t get any more diluted comes word that zany legislators are thinking of lifting the cap yet again, in order to put one in Decatur. We’ve got to think about that, but it doesn’t seem like a great idea on the face of it, especially with the latest round of new casinos yet to be absorbed. Last month saw $157 million in winnings, 11% higher than 2023 and 26% higher than 2019 … but 14% lower on the all-important same-store basis. Which is a fancy way of saying there’s not enough moolah to go around.

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Encounter at Dotty’s

Bob Dancer

I was playing at a Dotty’s, a local chain of small casinos. The best game for me is 9/6 Jacks or Better. Without going through all of the slot club benefits and promotions, the one that is most relevant to today’s story is the “Big Bonus.”

In this promotion, all W2-Gs become drawing entries, and 10% of these entries get a 10% cash bonus. That is, if a $5,000 W2-G is drawn, the player who hit it will get a $500 reward if he collects it within a month.

Although the inventory of each Dotty’s varies, the most convenient Dotty’s for me has the game for $2, where you can bet anywhere from five to fifty coins and still get the full 99.54% return on the game. Since I want to get W2-Gs, I need to play for at least 24 coins ($48) per hand, yielding $1,200 for every quad, but I usually play for 25 coins ($50), yielding $1,250. I record the game on my gambling log as a $10 game.

The nature of 9/6 Jacks or Better is that you tend to lose during a session unless you hit a royal flush. 

Another promotion in effect at Dotty’s is the machine bonuses. For the stakes I play, these come around every five to ten minutes. The first five are always, in order, $1, $1, $1, $5, $2 — which are negligible amounts when you’re playing $50 per hand. These bonuses then increase to $10, $20 or $25 each time if you continue to play for more than an hour. These amounts are not so negligible. Suffice it to say, I usually play for at least a few hours when I come.

Most of the players in the place are playing for far smaller stakes than I am and very rarely, if ever, receive a $1,200-or-higher jackpot. Since I get them regularly, some players assume I’m killing the game, whereas in fact I’m usually losing. 

On this particular night, after I collected my fifth or sixth W2-G (and I was behind perhaps $2,000 after being paid), a lady approached me and asked if she could invest with me. She and her husband were homeless and playing keno hoping to strike it rich. Since I was obviously doing well, she wanted to pay me $200 for a share of my next jackpot.

I wanted no part of this particular arrangement. I told her that if they were indeed homeless, the last place they should be is in a casino, and the odds on the keno game they were playing were prohibitively in the house’s favor. I told her I was losing this night (I’m not sure she believed me) and many of the benefits I receive were deferred. I’m sure she understood I was telling her “No,” but I don’t believe she understood what I was talking about when I said “deferred benefits.” 

I was earning slot club points (which were cashed and mailed to me once a month), the Big Bonus drawing wouldn’t happen until next Wednesday, and the machine bonuses are paid in slot club points. The $40,000 royal flush was unlikely to be hit on this particular night. I had the bankroll to wait for it — but this lady didn’t.

I wanted to give her $20 or so to “go away,” but several other players were watching the exchange. If I started paying all players with a sob story, I would have been deluged with these stories. There are few winners at Dotty’s and the clientele tends to be less affluent than those players who play in the larger casinos. Paying players playing losing games and are always broke is a bottomless pit.

The lady and her husband went away and that was the end of this particular incident. The aftertaste of it remains with me, though. I’ve frequently been asked for money in casinos. I usually politely say “No,” and continue with what I am doing.

I know that most players lose in casinos, and many can’t afford their habit. And the ones I see don’t include the spouses and kids at home.  Yes, I’ve found a way to beat the casinos, but coming face to face with the ones who can’t, especially during the holidays, is a sobering experience.

Since I’ve been doing this for decades, I’m somewhat immune to these feelings. But not totally immune.

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Honey trap; Bally’s bargain

A casino a threat to our national security? No, we are NOT talking about the Tesla cybertruck explosion at Trump International on the Las Vegas Strip. Why? First off, Trump LV is not a casino. Secondly, the latest spin is that it was all an accident. (We guess that the driver ‘accidentally’ shot himself in the head, too.) Enough of that. No, the pressing safety concern involves a Virginia hamlet of which you’ve probably never heard: the heretofore obscure Tysons Corner.

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Yachtley Crew at the Palms

Great show!. Who knew? Actually, we should have. We’ve been around long enough to know that a place like the Palms doesn’t book a ticketed show if it doesn’t have something good going for it. And does this one ever.

Yacht rock? It’s probably not what you think. It certainly wasn’t what we thought. Maybe some Seals & Crofts, Christopher Cross, and Lionel Richie. Well, actually, yes. But also ELO, Elton John, and Toto. Not watered down renditions, but hard driving covers behind a rocking 7-piece band. One of those pieces is a saxophone, and if you’ve ever seen a good rock sax live, you know what that can mean. In this case, it stole the show with an amazing cover of Gerry Rafferty’s “Baker Street.” There’s no warm-up band and no break. The show ran for an hour and a half, plus another 15-minute encore

The Venue

The Palms has the intimate Pearl concert venue, but this show plays—when not out by the pool—in the even more intimate Kaos nightclub. It’s $25 for standing room, or you can pay more for seats at tables.

The Crowd

It’s all age groups. Mostly a 40-and-up crowd, but many younger, and even some kids with their parents. It’s a thing to dress up like a yachtsman (or even a pirate for some), so you’ll see a lot of sailor hats and such. To each his own. One thing’s for sure, the crowd knows the songs. They sing and dance and party all the way through. It’s a truly electric atmosphere.

Free for LVAers

The reason we were there in the first place is the Palms comped two tickets to LVA members as part of its participation in our Member Rewards program (which also includes the BOGO for the buffet). This is an arrangement we hope to continue, both with the Palms and other casinos.

The Verdict

Yachtley isn’t an ongoing show; they play the Palms sporadically. Next time they play, go. Honestly, we came away thinking we’d happily pay to see them again, only we’d do it with a group and probably spring for an extra ten bucks per seat to get a table. Beers are $13, so make sure to do your pre-gaming with comped drinks while playing video poker before the show. This is a Vegas gem. Who knew?