[vpFREE] Re: Harrah's

 



--- In vpFREE@yahoogroups.com, Clinton House wrote:
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> Will be traveling in the next month or two to Harrah's Tunica, Louisiana Downs and Cherokee.  Is there any full pay at any of these?  Thanks.
>
> [Non-text portions of this message have been removed]
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Full pay exists at Harrah's Tunica for 50c or better, near Dunkin Donuts.

http://www.vpfree2.com/casino/harrahs-tunica

Also 99.96% DDB and Deuces Wild exists at Tunica Roadhouse near the poker room.

http://www.vpfree2.com/casino/tunica-roadhouse-casino-hotel

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[vpFREE] Re: Irresponsible Journalists - Maureen O'Connor

 

".13%" Not 1.3%.

--- In vpFREE@yahoogroups.com, "Slowpoke" wrote:
>
> Roughly $1 billion coin in over ten years. So $100 million per year with a reported loss of about 1.3%. As Mickey said, probably pretty close to theo.
>
> There is a back story here which may never be told. What comps did she receive for her $100 million coin in per year? What incentives or rebates did the casinos provide? Do you think she was invited to have Noir status at MLife?
>
>
> > >
> > I picked up on the same thing with the dishonest and/or ignorant reporting. A $13,000,000 loss on $1,000,000,000 in W2-G's is just .13%. For someone who probably had no video poker education she held them amazingly close. With a little more education she might have shown a profit.
> >
> > http;//abcnews.go.com/US/wireStory/san-diego-mayor-faces-money-laundering-charge-18502139
> >
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Re: [vpFREE] Re: Irresponsible Journalists - Maureen O'Connor

 

I bet she got more than a t-shirt and a free buffet.

________________________________
From: Jesse Custer clementiyn@yahoo.com>
To: "vpFREE@yahoogroups.com" vpFREE@yahoogroups.com>
Sent: Saturday, February 16, 2013 9:22 AM
Subject: [vpFREE] Re: Irresponsible Journalists - Maureen O'Connor


 

Been trying to come up with a realistic estimate of coin in. To get $1b in W-2Gs, you have to have had a lot of wins that didn't get one. Even at triple play $25 JoB, you're still only getting one for each time you get a full house plus something else (or dealt flush or straight etc) on a $375 bet.

I have to think that to get $1b in W-2Gs, you have $3-4b in other wins and pushes, plus the losses to match the wins. Say she was playing $100 JoB, and had a dedicated employee sitting next to her writing W-2Gs for every three of a kind and up. 47.3% of her wins still wouldn't hit the threshold. She'd have $1b in W-2G wins and $906m in non-W-2G wins, plus $1.92b in losses (accounting for her net loss).

That comes to $3.497 billion in coin in. And since I doubt she was playing a game where she got a W-2g on a three of a kind, it's more likely she had $6-8 billion in coin in. If she was playing 100-play $1 JoB, she probably would have had $10b or more since very few wins would trigger the W-2G.

What kind of comps do you get for $50 million a month in play?


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[vpFREE] Re: Irresponsible Journalists - Maureen O'Connor

 

This lady from all accounts lost a LOT more than $13million net. And while her comps and "freebies" might make for compelling discussion to quarter, dollar, & five dollar players, to her I'm sure they meant nothing more than free food and rooms in-between getting her frenzied play in at the high limit machines. What's more interesting I think is how many of us have seen this lady as she was digging her big hole.
 
This story tops the Bill Bennett one in my opinion, because he never lost anything he didn't have. I also don't see why this journalist is being labeled irresponsible. What's the big deal--someone got a billion dollars in W2G's, and she lost millions overall. That's the story, not if the reporter understands the game.

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[vpFREE] Re: Irresponsible Journalists - Maureen O'Connor

 

Been trying to come up with a realistic estimate of coin in. To get $1b in W-2Gs, you have to have had a lot of wins that didn't get one. Even at triple play $25 JoB, you're still only getting one for each time you get a full house plus something else (or dealt flush or straight etc) on a $375 bet.

I have to think that to get $1b in W-2Gs, you have $3-4b in other wins and pushes, plus the losses to match the wins. Say she was playing $100 JoB, and had a dedicated employee sitting next to her writing W-2Gs for every three of a kind and up. 47.3% of her wins still wouldn't hit the threshold. She'd have $1b in W-2G wins and $906m in non-W-2G wins, plus $1.92b in losses (accounting for her net loss).

That comes to $3.497 billion in coin in. And since I doubt she was playing a game where she got a W-2g on a three of a kind, it's more likely she had $6-8 billion in coin in. If she was playing 100-play $1 JoB, she probably would have had $10b or more since very few wins would trigger the W-2G.

What kind of comps do you get for $50 million a month in play?

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[vpFREE] Re: Irresponsible Journalists - Maureen O'Connor

 

According to the article, she's broke.
Dividends and interest on $40 million would be ~$2 million/year (@5%).
I could get used to that!

She blew inheritance (and her legacy) on gambling. Not defensible.

--- In vpFREE@yahoogroups.com, Austin Kelly wrote:
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> She may have lost more than $13 million, but I would assume someone who inherits $40 million would also have significant expenses outside of gambling.
>
>
>  
> The link you provided was an educational read. She probably lost a lot more than $13 million as article states:
> "...O'Connor, 66, once had a personal fortune that her attorney estimated between $40 million and $50 million, inherited from her husband of 17 years, Robert O. Peterson, founder of the Jack in the Box Inc. fast-food chain. She is now virtually broke, living with a sister..."
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> [Non-text portions of this message have been removed]
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[vpFREE] Re: Irresponsible Journalists - Maureen O'Connor

 

Roughly $1 billion coin in over ten years. So $100 million per year with a reported loss of about 1.3%. As Mickey said, probably pretty close to theo.

There is a back story here which may never be told. What comps did she receive for her $100 million coin in per year? What incentives or rebates did the casinos provide? Do you think she was invited to have Noir status at MLife?

> >
> I picked up on the same thing with the dishonest and/or ignorant reporting. A $13,000,000 loss on $1,000,000,000 in W2-G's is just .13%. For someone who probably had no video poker education she held them amazingly close. With a little more education she might have shown a profit.
>
> http;//abcnews.go.com/US/wireStory/san-diego-mayor-faces-money-laundering-charge-18502139
>

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Re: [vpFREE] Re: Squidward's CES 2013 Trip Report

 

I enjoyed it too

Pat McCauley

On Feb 15, 2013, at 9:32 PM, "nita.royal" mcuddington@hotmail.com> wrote:

> Thanks so much for providing such awesome entertainment! I only wish the trip had been longer ;-)
>
> --- In vpFREE@yahoogroups.com, Royal Flusher wrote:
> >
> > Last surprising installment!
> >
> > http://www.royalflushervegas.com/2013/02/squidwards-ces-2013-trip-report-part-6.html
> >
> > >
> > > http://www.royalflushervegas.com/2013/02/squidwards-ces-2013-trip-report-index.html>
> > >
> > >
> > > --
> > > Las Vegas the Royal Flusher Way!
> > > www.royalflushervegas.com
> > >
> >
> >
> >
> > --
> > Las Vegas the Royal Flusher Way!
> > www.royalflushervegas.com
> >
> >
> > [Non-text portions of this message have been removed]
> >
>
>

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