In this weeks video Anthony and Andrew talk about the F1 traffic and construction starting, Bazaar Meat moving, a $5 beer and burger deal, and more.
In this weeks video Anthony and Andrew talk about the F1 traffic and construction starting, Bazaar Meat moving, a $5 beer and burger deal, and more.
Well well well. Prior to the season, pundits and media from all over the NHL had basically written off the Vegas Golden Knights for this season: too many goals left via free agency and trades; not enough fire power; and on and on.
Well, whaddaya know. The VGK started the regular season 3-0-0 with convincing wins over Colorado, St. Louis, and Anaheim. This year’s top line of Jack Eichel, Mark Stone, and Ivan Barbishev are the hottest in the NHL and Eichel is leading the league with 7 points through three games.
Eddie and Chris break down the VGK’s (not-so) surprising start top to bottom and share why this year’s team could be building for a long playoff run.
The VGK are off on their first road trip of the season, beginning with a visit to our nations capital and a reunion with former VGK goaltender Logan Thompson.
You won’t want to miss the hot takes! All this and much more on Episode 83 of Hockey Knights in Vegas!
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I wrote a blogpost a few weeks ago saying that playing Ten Play has less variance than Five Play which has less variance than Triple Play which has less variance than single-line play, assuming you’re playing the same total bet. A comment was posted, unanswered by others, which asked: “Would this apply to all games of chance, including slots?”
My answer is that slots generally do not have the same structure as the Triple Play family of games. And by the Triple Play structure, I mean all lines have the same starting position after the deal. I certainly haven’t studied all varieties of slot machines, so maybe . . .
In the accumulative type of slots that I play, every combination of denomination and number of coins bet is in a different position except immediately after the machine is installed or the machine is reset. In a hypothetical Yellow Bob machine, let’s say they have a Mini meter, a Minor meter, and a Major meter.
At any given point, the meters from bottom to top, might be 7-10-8 for 1¢ 100 coins; 12-19-9 for 1¢ 200 coins; and 15-10-12 for 1¢ 500 coins, etc. Each of these have a different EV. Playing the 100-coin version in this case would be a worse bet than the others simply because the meters are lower, not because you’re betting fewer coins. Depending on how frequently the jackpots come about, and how much each spin is worth on average when it does hit, either the $2 or the $5 game could be the better play. It’s possible that none of these have an EV exceeding 100%.
Let’s say the same machine also has games for 2¢, 5¢, and 10¢ — each having three different “number of coins.” That’s 12 separate games you have to check. Any of them might be the best play right now. Or, most often, none of them.
Some manufacturers give you a higher return for higher denominations. That is, maybe the 1¢ and 2¢ games, in all three “number of coins” variations, have an overall return of 90% and the 5¢ and 10¢ versions have an overall return of 92%. You either have to have inside information on the RTPs (return to players), or capture a lot of data to know if this is true.
This would seem to imply that the higher denominations are a better bet, but that’s not necessarily the case. Assume “average” meter readings, betting $5 at a 90% rate means you’re losing 50¢ per pull on average. Betting $50 at a 92% rate (still assuming average meter readings), means you’re losing $4 per pull.
One older game, called Clover Link Xtreme, has games in the four denominations we’ve discussed. You can have penny games with 500 coins (for a $5 bet), a nickel game with 100 coins bet (for the same $5 bet) and a dime game with 50 coins (again for the same $5 bet). These three separate games will all become positive at the same time. In this case, you want to be playing the dime game because hitting the Mini on the penny game is worth $10 while hitting the Mini on the dime game is worth $100. This is the only game I know that’s like this, but, again, I certainly don’t know all the games.
On slots that don’t accumulate, playing the higher denominations may have a better percentage return. So, if you’re playing until you reach a specific goal, say 1,000 tier credits, you may lose less on average if you play it on higher denominations — if this is a machine where the larger denominations yield a higher percentage. This will be a higher EV, but also higher variance. The amount you bet each hand is a key part of the variance calculation.
Keep in mind, though, that these slots rarely return any percentage close to what you can get playing video poker. Even bad video poker games return more than most slot machines. If you have the knowledge to know which video poker machines to play, and know how to play them reasonably well, that’s a much better bet than most slot machines. If you know how to identify advantage slots and can find them in a positive state, slots can certainly be more lucrative than video poker. But slot knowledge is hard to come by, and you’ll have lots of competition. There is some information in Michael Shackleford’s latest version of Gambling 102, and a more comprehensive book about slots is in the works at Huntington Press. I don’t know when it will be released.
Bally’s Casino in Chicago is a dud. A flop. Maybe not an outright debacle (although being smack in the heart of downtown, it should have been doing better) but an inarguable disappointment, one that augurs poorly for $1.2 billion Bally’s Chicago—a Bally’s casino in name only. How do we know this? Because Hard Rock Rockford opened its permanent casino in August, enjoyed its first full month in September and zoomed straight past Bally’s and almost everyone else into second place in Illinois. That’s a staggering achievement and makes Bally’s failure to gain traction all the more stark.
Continue reading Bally’s flops & other news
In this weeks video Anthony and Andrew talk about the Tropicana demolition, G2E, two NEW Huntington Press books, and more.
Global Gaming Expo is a time when Wall Street analysts descend upon Las Vegas to romance Big Gaming’s high and mighty. Among those being wined and dined was Station Casinos CFO Stephen Cootey. (What, Frank Fertitta III couldn’t make it?) Cootey was wooed by J.P. Morgan analyst Joseph Greff, who hosted the investor dinner. The essence of the meeting was that the song remains the same. High-end properties, strong; low-end casinos, weaker. Promotions? “Rational.”
Continue reading G2E: The Street meets The Man
2024’s Global Gaming Expo “officially” kicked off yesterday, though one could easily have been fooled, judging by the rabbit warren of activity on Monday. Having covered two panels, plus an interview, plus writing five stories yesterday (all on two hours’ sleep), we confess to a serious case of G2E fatigue—with two days remaining. And since the co-parent of G2E is the American Gaming Association, it was (per ancient custom) the prerogative of AGA prexy Bill Miller to be the first keynote speaker of the show.
Continue reading G2E: Miller Time
The boys are back for Season 5!
Before Eddie and Chris preview the new look of the VGK for the 2024-25 season, Eddie starts the year with a rip-roaring take on the off-season’s biggest VGK news story: Original Misfit Jonathan Marchessault has left for the Nashville Predators. It’s a hot take sure to ruffle feathers and divide fans!
After things settle down a bit, Eddie and Chris get down to the serious business of breaking down the lineup for this season and what it’s going to take for the VGK to make the playoffs.
This year promises to be the most tumultuous in franchise history, and Hockey Knights in Vegas will be with you every step of the way.
The podcast is going to be widely available. Click here to find us on your favorite podcast platform. Or go direct to YouTube.
Through the years, I’ve been to Harrah’s New Orleans twenty times or more. They used to have dollar Triple Play, Five Play, and Ten Play NSU Deuces Wild, and if you played enough, you got nice mailers including food, free play, and airfare. The casino was within walking distance to the French Quarter and the Mississippi River, and it was an enjoyable city to visit. They had a Diamond Lounge where if you planned it right, you could easily consume a high proportion of your calories for free every day — and the menu varied from day to day.
So, a surprising number of Las Vegas video poker players regularly made the 2,000-mile journey to the Crescent City. Players from all over the country came as well.
Almost a decade ago, the NSU games were removed. The loosest remaining video poker I knew about (other than 9/6 Jacks or Better at $150 a hand, or more) was what I called Pseudo NSU, and others called Airport Deuces — among many other names. It’s a 98.9% game that might be acceptable with the right promotion and slot club. Although occasionally I would go for a Seven Stars trip, the tighter games precluded me from attending regularly.
This summer, however, Bonnie and I both received too-good-to-pass-up mailers — so we didn’t. These offers were presumably based on our play at Harrah’s Cherokee — which is also in the Southeastern part of the country. In late September we booked a total of four days — two in my name, two in hers — into the hotel — immediately before a stay in Cherokee. New Orleans is, more or less, on the way to North Carolina from Las Vegas.
Although the hotel is still called Harrah’s New Orleans, the casino has become Caesars New Orleans. There is a new Caesars Hotel that will open in a few months that is slightly smaller than the existing Harrah’s Hotel (350 rooms compared to 400), with 50 of those rooms branded Nobu Hotel, which is a higher-end experience. I was told that the Harrah’s Hotel will be refurbished, possibly renamed, and will continue to be part of the casino-hotel complex there.
The casino itself was barely recognizable to me. Brand new carpet featuring Julius Caesar’s head over and over again covered the casino. When we were there, we saw plenty of empty floor space that will presumably be filled over time with slot machines. The buffet is gone, and a food court area now takes the place of where I think they used to have a theater.
When I was there previously, I was not a slot player. Today, there are a number of good machines that are sometimes positive, and presumably more to come. Percentagewise, there are far fewer video poker machines than there used to be, although it’s possible that ratio will change when the additional machines are installed. While I didn’t do an exhaustive search, I did see some machines with pseudo NSU on them — which isn’t what it used to be but decent enough by today’s standards.
Using your Reward Credits (RCs) for dining is a bit tricky. Your RCs are redeemed at one-for-one at the Steakhouse, Manning’s, and the food court. Most other restaurants are redeemed at two-for–one, except Ruth’s Chris Steakhouse is redeemed at three-for-one. This means a $100 check at Ruth’s Chris will cost you $300 in RCs.
There are a number of restaurants throughout the city where you can eat using RCs, at the two-for-one rate, only you have to redeem your RCs first and get a voucher. If your voucher isn’t big enough, you have to use cash or credit card to pay the rest. If your voucher is too big, you forfeit what you didn’t use.
The French Quarter retains its charm. One of my “go-to” stops every trip has been to attend an hour-long concert at Preservation Hall — a venue dedicated to playing New Orleans jazz music in its various forms. Preservation Hall itself is closed now for refurbishing, to add air conditioning among other things, but the Preservation Hall concerts still exist at the Toulouse Theatre, a few blocks away.
There is a United States National Park on Decatur Street in the French Quarter. Every day that they were open, they used to have tours of the French Quarter at 10 a.m. I’ve been on several of them over the years — and each one was slightly different. They no longer have those, but they have free daily ranger talks about the history of New Orleans music — with each ranger giving his/her own take on it. We caught two of those — one from a lady using a piano to describe things and the second from an upright bass player who used that instrument in his talk. It was a surprise to me that the park rangers were experts on New Orleans Jazz. I thought park rangers were generally out-doorsy sorts who knew about forests and animals. But these folks know their music! The talks were enjoyable, informative, and free.
Bonnie insisted on one snack consisting of beignets and chicory coffee. “The” place to have these snacks is Café Du Monde. This time, however, Café Beignet had no line, so we stopped there instead. Even after dusting off all of the powdered sugar that I could get off of one of these donuts, just being there caused me to ingest killer amounts of second-hand sugar. I ate one powder-free donut with a small chicory coffee to keep the peace. I’m grateful Bonnie didn’t want to go there more than once.
We’ll return to this casino — possibly just before or after a Harrah’s Cherokee trip — again. New Orleans is a unique place to visit — and one of our favorites. In my opinion, we stayed away too long.
… with apologies to the great Willie Nelson. Our hejira has taken us in a week from Lexington, Virginia to Charlottesville, to Charlotte, North Carolina and Columbia, South Carolina—all in the name of getting back to Augusta, Georgia, only to find a city devastated by Hurricane Helene. Never have we seen such destruction firsthand. (A state reeling from Helene’s wrath may finally be tractable to sports betting and maybe even casinos. We can but hope.) And yesterday we flew from Augusta to Las Vegas for this year’s installment of Global Gaming Expo. Above you see the surprisingly palatial press room at the Venetian Expo Center. We rate!
Continue reading On the road (again)