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Documenting Video Poker Play

This post is syndicated by the Las Vegas Advisor for the 888 casino group. Anthony Curtis comments on the 888 article introduced and linked to on this page.

AC says:

The basic advice here is to keep records of your gambling results. This article is about video poker specifically, but the advice applies to all gambling activity. I’ve always advocated record-keeping for two reasons. The first is obvious — if you’re audited for taxes, you need to have a gambling log of some type or your claims can be rejected. The second is even more important. You need to have a true picture of results and this applies to both winning and losing players. If you’re playing for profit, tracking results can confirm that you’re playing with the expected edge or alert you that you’re not making enough to justify the time and effort spent. If you play for entertainment, record-keeping will tell you how much gambling is costing you. It’s not necessary to be anywhere near as detailed as the author suggests; keeping a daily log of wins and losses will usually be sufficient for both purposes I’ve mentioned. However, more information is better, especially when dealing with the IRS. The definitive source of information on tax matters is our book Tax Help for Gamblers, by Jean Scott, Marissa Chien, and Russell Fox. You can also get win/loss statements from the casino players clubs, which doesn’t require any record-keeping on your part and will provide reliable data.

This article was written by Jerry Stich in association with 888Casino.

Documenting Video Poker Play

Most video poker players simply sit down at a machine and play. They do not keep track of which machine is played, amount deposited, amount cashed out, nor anything else.

This may be okay for casual players – those who only play a few hundred to a few thousand hands per year – but are more serious players missing something by not keeping records of their video poker play?

This article offers suggestions on what details to keep and why it is a good idea for serious players to document them.

Continue reading …

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You win, DraftKings loses

That didn’t take long. After playing tough guy for 12 whole days, DraftKings CEO Jason Robins folded his hand and announced that his much-ballyhooed surcharge on winning bets had been called off. Why? Because he couldn’t tempt FanDuel off the sidelines and into the fray on his behalf. Punishing one’s customers for the sins of politicians never made much sense and even less who when comparative small fry like BetMGM and BetRivers eschewed the loyalty-killing surcharge. ESPN Bet boss Jay Snowden weaseled on the issue, ruling out a (suicidal) surcharge for now but holding open the possibility of sticking it to players in the future. It’s another example of the keen business acumen that has got Snowden where he is today … besieged.

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Still More About Slots

Bob Dancer

Last week I wrote about the hypothetical “Green Bob” machines. Today I’m going to talk about how to obtain some of the numbers we assumed last week. You should probably read that article before trying to make sense out of this one.

In general, there are three sources of information about these slot machines — par sheets, information from others, and figuring it out yourself.

  1. Par sheets.

A par sheet gives a lot of information about the game. These are designed to be useful to employees in slot departments. Probably more than 10,000 people have access to par sheets. I am not one of them.

Under certain circumstances, people with access to par sheets will share them with others. I have made a few unsuccessful attempts over the years at getting a slot director to provide par sheets to me. How to be successful at this is not something I can speak about from my own experience.

  1. Learning from others

I got started by having a “guru” I trusted give me some useful information. There are X feeds and Internet sites dedicated to this. Over time, my first guru stopped telling me things and I found a second. I “bartered” by sharing video poker information for slot information — but bartering can take many forms.

Much of the information online is not very good. Over time you’ll need to figure out the sources you can trust and the sources you can’t. I see no possibility that bobdancer.com will ever become a major source of slot machine information.

  1. Figuring it out yourself

On the Green Bob machine, the information you need is: How long does it take, on average, for each meter to go off, and how much, on average, is each extra spin on each meter worth. You also need the RTP (return to player) — which is to say you need to know whether this game returns 88% overall, 92%, or whatever. 

We’ll cover the RTP first. Assuming you don’t have access to the par sheet, this information is usually in the data displayed when the slot machine is open. There is a LOT of information there, but the RTP is near the top. When the door is open, read what’s there. Sometimes slot employees will tell you to step away, but usually they don’t care. Sometimes you can get them to open up a machine for some reason, perhaps claiming that you’re not sure, but you think the bill acceptor didn’t record the last $100 bill you entered. 

In the Green Bob machine, you also need to know how long it takes each of the three meters to go off. You can do your counting while you are playing or somebody else is playing. So, each spin will add to each of the three counts. Eventually one of them will go off. You’ll record that number and start counting over again. The more cycles you have the better.

We don’t have a Mega meter on this particular machine — but these typically have a cycle of 50,000 or more — approximately the same as a royal flush. You’re never going to get an accurate count for enough cycles to get a close estimate on the cycle. When figuring out whether I’m going to play a game with a Mega meter, I ignore that meter. One will go off periodically and that day will be a winner, but I always assume that that day won’t be today.

There are games where the top meter tops out at 99 spins. I’ve heard pros say things like 99 on the top meter might or might not be a play. It could take you 12 hours of play to find out. 

Once you get a cycle for each meter, you need to figure out how much each spin pays. I collect by both denomination and number of coins — so a penny game betting 500 coins would be recorded differently than a dime game betting 50 coins. While both games require $5 per spin, it’s very possible that the latter game is a bit looser. As the denomination increases, some manufacturers, not all, give the player a slightly better game.

After 30 or more data points for each number of coins/denomination combination, you can get a fairly reliable average of how much each spin is worth. But there will always be variance. Sometimes 25 spins for a certain bet size will return $30 and sometimes it will return $800. You’ll never know how much it will return this time until you play it.

From here, you need to put all the numbers together to figure out how much it will cost to get a Minor meter currently at xx to go off and how much it will return once it does go off. These are average amounts. Sometimes the machine will give more. Sometimes it will give less.

That is basically how it’s done. It’s hard work and once you have the numbers, you’re competing with many other players who have their own numbers — however obtained — sometimes by guessing. There’s a lot of walking around checking machines. If you’re looking for an easy way to get rich quick, this isn’t it.

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Taxation vexation

If you’re a tip-earning casino worker reading this, you’re being conned. Not by LVA but by the political establishment, which is playing jiggery-pokery with your tip income. There’s quite a fever afoot in Nevada presently to rewrite the tax code to (partially) exclude taxes on tipped income. But even if it happens (a big “if,” for reasons we’ll explore), it’s a pig in a poke, a sham designed to keep your overall wages low. And both major political parties are at fault.

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The Greats: A Look at Some of Gambling’s Best

This post is syndicated by the Las Vegas Advisor for the 888 casino group. Anthony Curtis comments on the 888 article introduced and linked to on this page.

AC says:

Here’s an interesting list of “gambling’s best,” though not one on which I concur. I didn’t know these players, so I certainly can’t argue definitively against their skills, but I’ve also never been persuaded to believe in dice control. At least not to the extent that it can be a consistent winning strategy. With that position stated, I’ll say that I like reading about some of the colorful characters of the past. That Maxim blackjack game did indeed deal through the entire deck, and Paul Keen (I believe that’s the correct spelling), would certainly talk to you for as long as you had time to engage during a visit to the awesome Gambler’s Book Club. We all have our opinions. We all have our lists. They’re just made up of different names.

This article was written by Frank Scoblete in association with 888Casino.

The Greats: A Look at Some of Gambling’s Best

People have a tendency to catalog other people, places, and things as greats or not-so greats. This must be a part of our emotional constitution to define everything and everyone. 

Fighting? Muhammad Ali versus Joe Louis? Who would win? Ali versus Marciano? Ali versus any name you want to put here. Ali versus Tyson; the young Tyson? Sometimes these debates can turn, well, brutal. I rarely take part in them. But I am certainly aware of them.

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If you can’t beat ’em, become ’em

Having failed to either buy out or litigate the Dotty’s chain of slot parlors from the face of the earth, Station Casinos is going into the tavern business itself. This week it rolled out a new brand, Seventy Six. It’s considerably more upscale than Dotty’s and we’ll get to that in a minute. The first location is slated to be a the junction of Centennial and Lamb boulevards, at the very northern fringe of North Las Vegas, opening this fall. It’s just empty scrub at present, so Seventy Six will be by definition an upgrade. Two additional locations are planned for next year, including one just across the street from the former Aliante Station (a notorious white elephant). Station execs seem obsessed with that area, hence the Boyd Gaming grudge match that is coming.

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A Creature of Habit, until It Changes

Bobby Vegas: Friends Don’t Let Friends Play Triple-Zero Roulette

I had a buddy, Downtown Victor Brown, who once said to me, “If it works, wear it out.”

That’s me, a creature of habit. When I like something, I do it again and again. Generally, this is a good thing.

I’ve been in business since 1986, was married 30 years, traveled to Brazil 12 times, Berlin five, Vegas 60.

I find my tribe and keep dancing until the music stops. Or in Vegas parlance, until “your action isn’t welcome here anymore.” Not that I’m a high enough player to be 86’d or read the trespass act, which in my opinion is a good thing. I don’t want that level of attention. What happens is after a year or two, the offers stop coming. “You’re not playing long enough” means I’m not losing enough. Fine by me. I move on to the next casino.

I’m seeing my time at the Downtown Grand possibly coming to a close in the near future. They’ve stripped out the good video poker games and now the whole joint is up for sale. It’s been a great ride. But there are plenty of other casinos and offers. Let’s look at a few.

Circa is offering me their standard two-day deal for two nights, including $100 in food credits, $100 in drink credits, and Stadium Swim access. Problem is, the place is so loud even with earplugs (I wear them in all casinos), it kicks in my tinnitus, so no thanks. Also, there’s no good VP. And I’m still irked that after spending $10K at the Super Bowl Stadium Swim party for 15, my offers haven’t reflected that. I’m still working on that.

Then there’s the Plaza. Old school meets new school. I really love everything that CEO Jonathan Jossel is doing there. The Plaza just keeps getting better and better. They have plenty full-play (or close) video poker, plus 10X craps, single-zero roulette, matchplays. The food scene is always improving; try to order just one or two donuts at PinkBox—not happening. And fireworks in the summer. Life Is Beautiful will be there in September as well. EDM festivals aren’t my gig, but it’s still “lit” for the Plaza.

The offer they just sent is really nice. For $120 a day, you get room, unlimited drinks, two meals at Plaza restaurants, and no resort or parking fee. Throw in LVA matchplays and the new-sign-up gambling coupons and, well, I’m liking the Plaza more and more.

Now, I generally don’t need the two meals a day, as I roam a lot and of course their goal is to keep you on the property. But it’s still a strong perk.

And you can’t beat the location. At one end of Fremont, I can walk over to Four Queens or the California for some good VP. Or maybe a free glass of Champagne at Circa’s 60th floor rooftop Legacy Club using my LVA coupon. Great view!

BTW, Rainbow Casino and Emerald Island are giving away four sets of tickets to the Eagles at Sphere this month.

I’ll keep exploring for gold. There’s plenty out there.

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Wynn takes expansionist approach

Bullish on its international prospects, Wynn Resorts revealed yesterday that, for $200 million, it has bought another 155 acres on Al-Marjan Island in the United Arab Emirates, site of an in-progress casino megaresort. Wynn CEO Craig Billings called it “a sizable land bank for potential future development opportunities for Wynn Resorts or for selected third parties complementary to Wynn Al Marjan.” Billings is keeping his powder dry as to what the company will do with the additional acreage but needn’t be in any hurry either. He added, “the UAE is the most exciting new market for our industry in decades and are confident in the demand and EBITDA potential of Wynn Al Marjan as it continues to grow.” Since casinos in Macao are so 2003, Billings isn’t slighting that mega-market with his “in decades” comment. Besides, you’ll never get that much land, nor nowhere near so cheaply, in Sin City.

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More About Slots

Bob Dancer

When I write about slots, it appears that I frustrate some of my readers. A typical response I get lists several demands. Following is one of those responses simplified:

  1. Where exactly did your “adventure” happen? I’m not interested in telling you that. The games I write about are found in many casinos. Slot club promotions are not irrelevant, but they are not as important as they are in video poker. In video poker, most of the games return less than 100% and you need the slot club benefits to make the game playable. The slot machines I play are typically in the 105% – 120% range, so getting double points for an extra 0.05% doesn’t mean too much.
  2. There are several hundreds of different slot machine titles around. Exactly what game are you talking about?

    I’m not interested in telling you that either. If I told you the game, some readers would want to know all the ins and outs of playing that game profitably — such as when to get on and when to get off, and how does that vary by denomination and, occasionally, slot club details. However much I share, there will always be players wanting more information.

  3. How can a slot machine pay 120%? We’ve always heard that slot machines return less than video poker, and no video poker game (other than a very occasional super-high progressive or a huge casino mistake) pays anywhere near that much. This I can talk about, and is indeed the subject of today’s blog.
  4. Where can I get more information about advantage slots? Michael Shackleford wrote a decent introductory section on advantage slots in the recent update to Gambling 102. There are several places on X, formerly Twitter, and YouTube.com where this is discussed. Look and you will find what you want to know, but I’m not going to give you an easy-to-follow roadmap. There are already many, many slot professionals out there. If you do decide to go this route, know that there will be lots of competition for the best games. 

In the past I’ve written about the hypothetical “Red Bob” slot machine and how it is played. Today I’m going to write about the equally hypothetical “Green Bob” machine — which is played differently than the “Red Bob” machine. Neither machine is an exact clone of a real machine, but slot players will recognize similarities between these games and games that do exist.

Assume the following about Green Bob: The game has three meters, Mini, Minor, and Major. Randomly the meters grow. Randomly the meters “go off,” and when that happens, the player gets as many free spins as are on the meter that just went off.

Assume further that the reset value of each meter is 6 (meaning if you hit the Mini meter immediately after just hitting the Mini meter, the second time you hit it, you would get six spins.)

If you don’t count the meters going off, the game returns 60%. You get some pays from three or more identical symbols in a row. The game gives occasional wild cards, both in and out of the bonus rounds, which help. If the meters don’t go off for a long while, you will be losing at a pretty rapid pace.

Based on how often each meter increases and how much each bonus spin is worth when the meter goes off, assume you’ve calculated the meters this way:

Each increment over 6 for the Mini meter adds 1% to the return on the game. The Mini bonus round is played on a 5×3 matrix with 243 ways to win. (All pay lines go left to right on this game. There are some games where pay lines go both ways, but this is not one of them.)

Each increment above 6 for the Minor meter adds 2% to the return on the game. The Minor bonus round is played on a 5×4 matrix with 1024 ways to win.

Each increment in excess of 6 for the Major meter adds 3% to the return on the game. The Major bonus round is played on a 5×5 matrix with 3125 ways to win.

With modern slot machines, it is very common for differently sized displays to happen at different points in the game.

Let’s assume that you see a machine with all three meters at 15. It’s being played, but the player is down to only a few credits. If that player leaves, you want to sit down and play that game. If the player pulls out another $100 bill and inserts it, you can read body language to get an idea whether or not to wait.

That is, you can sometimes tell if that’s the last $100 bill the player has just by the way he pulls it out. If it’s a $1 per spin game, $100 is going to last for a while. If it’s a $30 per spin game, $100 probably won’t last very long at all. Of course, if it’s a $30 per spin game and you don’t have several thousand dollars of cash on you, you run a very good chance of running out of money before one or more of the meters goes off.

Since the Mini meter is 9 units above the reset value of 6, it adds 9% to the 60% base level of the game. The Minor meter is also 9 units above reset, so it adds 18% to the 60% base level of the game. The Major meter too is 9 units above the 60% base level of the game, adding 27% to the value of the game. Adding these numbers together, you’ll get 60% + 9% + 18% + 27% = 114%. This is definitely worth playing — if you can be the player who gets the machine when the current player leaves. This is not a time for sauntering. If that player stands up, move in immediately.

If you get on the machine and the Mini meter goes off first (and the other two meters haven’t risen), the game will still be at 105% and well worth playing. If the Minor hits, the play is over. If the Minor hits, the play is “only” 96% (assuming the other two meters haven’t risen), but the typical case will be that one or both of the other two meters will have risen and so the most likely scenario when you sit down is you’ll play until either the Major goes or both the Mini and the Minor go off.

So far, we’re assuming a lot of information. Next week, I’ll discuss how to figure out the numbers we assumed this week.

Over time, the game will return 88% or whatever it’s set at. Sometimes it’s at 60% and sometimes it’s at 120% or higher. Perhaps you can understand now how if you get on and off at the right times, this game that returns 88% overall can be well worth playing.

This is a case of looking forward, not looking backwards. When the Major goes off, you’ll probably collect a W-2G. This is NOT a time to keep playing because you’re running hot. When the Major is only 6, it’s not a play. Similarly, if you’ve already lost $3,000 on the play, assuming you have the bankroll, so long as the numbers are high enough, keep going!