{"id":839442,"date":"2011-01-25T22:43:02","date_gmt":"2011-01-25T22:43:02","guid":{"rendered":"http:\/\/gwae.apps-1and1.com\/?p=1103"},"modified":"2011-01-25T22:43:02","modified_gmt":"2011-01-25T22:43:02","slug":"whom-do-you-trust","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/blog\/whom-do-you-trust\/","title":{"rendered":"Whom Do You Trust?"},"content":{"rendered":"<p>About fifty years ago Johnny Carson and Ed McMahon had an afternoon television show entitled &#8220;Who Do You Trust?&#8221; I remember years later Johnny saying that correct grammar would have been &#8220;Whom Do You Trust?&#8221; I&#8217;m going to trust that Johnny was correct.<!--more--><\/p>\n<p>For two weeks in mid-to-late December, the M Resort had an invitational point challenge where the winner received a 2011 LandRover LR4. I wasn&#8217;t sure who was invited and who was going to take the competition seriously, but I thought it was worth a shot.<\/p>\n<p>As I mentioned in last week&#8217;s column, I strategized that if I played $2.5 million in coin-in at the start of the contest, perhaps everybody else would &#8220;give up.&#8221; Assuming the car could be sold for more than $40,000, this was a 1.6% promotion. I was hoping it didn&#8217;t take $10 million in coin-in, but even if it did, a 0.4% bonus on essentially an even game isn&#8217;t a bad deal.<\/p>\n<p>The first Friday had a &#8220;Royal Treatment&#8221; promotion, worth 99.97% including cash back on 50\u00c2\u00a2 Fifty Play 8\/5 Bonus. I played $1.8 million. My expected loss was about $540. My actual loss was $30,000. The next day I played $700,000 on $25 9\/6 Double Double Bonus with a 0.90% slot club because it was 3x points. My expected $840 loss turned into $35,000. I was now down $65,000 &#8212; and I wasn&#8217;t even guaranteed to win the car. Shirley was not happy about this.<\/p>\n<p>I was told that the lady in second place, &#8220;Joyce,&#8221; played $900,000 before I even started. I checked every day to see if she (or anybody else) was playing, but nobody seemed to be challenging me. Which was fine. I&#8217;d take the car, sell it at a loss, but still end up the calendar year in pretty good shape.<\/p>\n<p>The promotion ended on Wednesday, December 29, at midnight. On Tuesday afternoon I got a phone call from somebody saying that Joyce was playing again. I didn&#8217;t want to hear this. Joyce was playing a $25 single-line game and could easily play $100,000 coin-in per hour. I had a 16-hour lead on her, but I&#8217;ve known her for years and she has sometimes played for more than 24 hours straight when motivated. Winning a car might be sufficient motivation.<\/p>\n<p>So I drove over to the M and spoke quietly with Joyce. I told her that if she continued to play, so would I. I told her that I was prepared to start playing again to &#8220;protect&#8221; my position and that I didn&#8217;t believe it was possible for her to win.<\/p>\n<p>She told me she didn&#8217;t want the car and that she was only playing to guarantee her the $12,500 second-place finish. This didn&#8217;t quite ring true. She was playing $25 9\/6 Triple Double Bonus, and frankly the $12,500 win for second place was not a very big jackpot on such a machine &#8212; and you lose really, really fast between jackpots.<\/p>\n<p>She had been playing for a few hours by the time I got there so I figured my lead was down to 12 hours. She told me she was leaving in a few hours. I told her to do what she wanted, but that I was going to be playing until she quit. So I sat down and started playing 50\u00c2\u00a2 Fifty Play 8\/5 Bonus. There was no special promotion that day and the machine is limited to single points. Still, a 99.47% game should cost me only $530 per $100,000 bet, on average, and seeing me play might get her to stop playing a little faster. So much for averages, I dropped an additional $15,000 before she quit. Damn! (And I can&#8217;t know for sure whether she would have quit if I hadn&#8217;t been there maintaining my lead.)<\/p>\n<p>When she left, she told me she wouldn&#8217;t be back the next day &#8212; but the slot department locked up her machine &#8220;in case&#8221; she wanted it back. Although we know each other and are somewhat friendly, I didn&#8217;t know whether or not to believe her. She could be just saying that as gamesmanship. If she could sneak back and start playing undetected, she could still win the car.<\/p>\n<p>I didn&#8217;t want that to happen, of course, so what should I do about it? I have some friends who may have been willing to &#8220;stake out&#8221; the high limit room for, perhaps, $100 for the next 24 hours, but my friends don&#8217;t know Joyce. So I decided to get a room at the casino and come downstairs every four hours to check whether she had come back. If she played, so would I. If she didn&#8217;t, I wouldn&#8217;t either. It was a very boring way to spend a day, but I had my computer in the room and worked on some articles and it wasn&#8217;t that much different from what I&#8217;d be doing at home anyway.<\/p>\n<p>Joyce didn&#8217;t show up. I won the car. When I saw her a few days later at the casino&#8217;s New Year&#8217;s Eve party she told me, &#8220;I TOLD you I wasn&#8217;t coming back. You should have believed me!&#8221;<\/p>\n<p>It was easy for me to agree with her AFTER the fact. But BEFORE I knew the final outcome, I believe it would have been foolhardy to take her at her word. She might be a very honest woman, but I didn&#8217;t know her well enough to trust that.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>About fifty years ago Johnny Carson and Ed McMahon had an afternoon television show entitled &#8220;Who Do You Trust?&#8221; I remember years later Johnny saying that correct grammar would have been &#8220;Whom Do You Trust?&#8221; I&#8217;m going to trust that Johnny was correct.<\/p>\n","protected":false},"author":15763,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[557],"tags":[],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts\/839442"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/users\/15763"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/comments?post=839442"}],"version-history":[{"count":0,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts\/839442\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/media?parent=839442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/categories?post=839442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/tags?post=839442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}