I don't think our slot machine action is @ .91 EV. Sure hope not.
No way to tell but the state statistics has off-the-strip @ ~.94.
We limit our slot machine action to three low jackpot progressive machines. Those are the types we were pointed to five years ago.
If we ever again come across something that's wongable (sigh) all bets are off. There's a bank of "must hit by $2K" at green valley that I keep eyeing.....
The VP is FP DB, DDB, JP except at stations it's now a lot of FPJB (or better) as the cashback/points is quite attractive as explained by other's on this board and in their articles.
We are doing this almost monthly for a week from Boston. There's nothing here on the East Coast so we do 2,200 miles.
Just booked our December trip on jet blue. Looks like $900 in free play plus a drawing and 2 tourneys (so far) from the 4 joints. Nice.
--- In vpFREE@yahoogroups.com, "vp_wiz" <harry.porter@...> wrote:
>
> Hope it's evident by now, Dave, that I place considerable weight on your sentiments ...
>
> As background, I've seen the general wisdom of spending some time with slots, but every time I work out the math, I come up that I'd rather slice my wrist and hand over a cup of blood to the casino ;)
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> I take it from your numbers that you're targeted something other than the garden variety 9% hold slot.
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> I don't know how literally I should read some of your numbers (wouldn't fault you for being obscure), but if you're suggesting that you're giving up something like $40/day on $1500 of slot action, that translates (for example) to playing a slot with 97% payout vs 9/6 JB with 99.5%.
>
> If you're playing in a casino which offers a bank in which every machine offers such a guaranteed average machine payout (I've seen suggestions that some use signage suggesting such payouts, but that in truth it's applicable to as few as one machine in the bank), then I can definitely see the wisdom of such play diversion.
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> <I personally would avoid the analogy to a RF toke, though ... playing $1 machines, $30K/day, you're looking at an expected $40 toke once every 7 days of play on average, not daily -- that's a big difference in out of pocket cost.>
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> Without such a "97% guaranteed payout" option, I'd be unlikely to consider such a move. Even where average hold might be published as 96%, actual machine holds can vary considerably and there's very limited opportunity to know what the slot you're playing is expected to return. One could easily be giving up $100+ EV on said $1500 of play.
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> - H.
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>
> --- In vpFREE@yahoogroups.com, "Dave" <haaljo@> wrote:
> >
> > "...I don't adhere to the theory that playing some slots will keep us from being restricted, but who knows for sure..."
> >
> > We were about to be restricted 5 years ago and our long-term host told us to start putting in some slot machine time. We now give her ~5% of our $30K/day action on slot machines. That seems to be the sweet spot.
> > She's still there and we still gamble at the joint when we visit. $500 fp over two days. Fair bet video poker; tournament/drawings. They feed us and we get a nice room. Total EV is reduced by 20%. It's like toking $40 on a $4K royal. Part of the "game."
> >
> > Think we haven't been restricted because of some modest slot machine action. Nowadays, casino computer programs must flag gamblers that exculsively gamble on postive machines. What hosts use to do manually on each visiting customer can now be done by software.
> >
> > We (and many here) have been restricted at casino's where we gave them action only on fair bet machines. Keep a low profie.
>
