[vpFREE] Re: Gambling With an Edge

 

$10 million coin in is 8000000 hands which is about 20000 hours of play at 400 hands/hour (833 days of play)on the slow Sams Town machines. I dont think management cares about $50k over that long of a time period. This is taking into consideration that everyone is playing perfect and the machines are played 24 hours a day which they are not. The casino could be making a lot more than that with any other game, a highly volatile game. Turnover is what they seek not a knowledgeable player sitting at a machine for 8 straight hours. The penny machines at that casino get heavy play and I'm sure that's what they eventually be replaced with. I think its really good advice. I'm looking at this from the view of a casino which Ive happened to work in before so I was able to see coin in and out reports for players and machines. Local casinos keep these machines for bragging rights as having the "loosest vp machines in town." You dont see this kind of advertising from strip casinos hence they have no need to have full pay machines taking up valuable slot floor space. I went to the MGM recently and over 40 of the poker machines going up to $5 have been replaced with slots and multi-line video reels, and you know what? There making more money. The machines were packed with people playing max bet. If and when all the FPDW disappear I guarantee at least %90 percent of these players will resort to another poker game that has a higher hold or is more volatile. Look at the jackpot pictures everywhere, there are plenty of people content with playing short pay vp.

--- In vpFREE@yahoogroups.com, "tomflush" <tomflush@...> wrote:
>
> I'm not sure who is advising the casino's, but its not really good advice.
> Instead of getting rid of Full pay deuces , lower the pay schedule. For
> example, If a casino takes a fp deuces 5 coin schedule and cuts the 5K=70,
> and WRF=120, folks would still play it ! Why , simply because at 100.27 EV,
> its still the best game in town, and the casino makes an extra $50,000 cash,
> for every 10M coin in thanks to the reduced pay schedule.
>
> best...Tom
>
> ----- Original Message -----
> From: "dealt4oak" <dealt4oak@...>
> To: <vpFREE@yahoogroups.com>
> Sent: Saturday, March 03, 2012 9:14 PM
> Subject: [vpFREE] Re: Gambling With an Edge
>
>
> > Ive noticed a lot of complaining from players about FPDW disappearing
> > everywhere. I just want to let you folks know they will probably be
> > extinct soon, not one slot director wants them, not because of the payback
> > but, because of the ease in which people can play and be accurate. This is
> > the reason you still see much more 10/7 DB. Even though its positive, most
> > people cannot play it correctly. Bob is correct in saying that stations
> > will get rid of the deuces soon but Im sure the DDB and DB will stay. All
> > those 99.8% purple machines going in at the stations are most likely the
> > replacement for many of the MG 100% machines. The 16/10 deuces(they go to
> > dollar)are getting more play every time I go in there and that will be the
> > death of the FPDW there. Sams Town Deuces are ridiculously slow so they
> > pose no threat to their bottom line. Besides I dont see too many people
> > playing proper strategy and that place doesn't seem to mind the people
> > camping out at the machines with food and trash everywhere. Other places
> > are not so forgiving about image. There are tons of articles preaching to
> > everyone that knowing several games is the way to go. I think its time
> > people actually tried this.
> >
> > ________________________________
> >
> >
> > The machines never came back.
> > I doubt they will. Since then, FPDW are gone from almost everywhere. The
> > primary place they exist now is Stations/Fiesta ---
> >
> >
> > ------------------------------------
> >
> > vpFREE Links: http://www.west-point.org/users/usma1955/20228/V/Links.htm
> >
> > Yahoo! Groups Links
> >
> >
> >
>

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