[vpFREE] New Hacienda(Boulder Dam Lodge)

 

Anyone checked out the VP after Dotty's took over and the recent closure over Christmas?
I always did pretty well on the 100.65 KBJW. There were 4 slant tops- are they still there?

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[vpFREE] Re:playing speed.

 

Finally, a math question I can answer.  Yes, there is such a thing as average speed.  You just get the speed of all the people that you want to average, add them up, and divide by the number of people.  OK, I know (I've been told before), nobody likes a wise ass (but I still can't resist once in a while).

Unfortunately, what you probably want to know is the answer, and without knowing who is being averaged, and what their speeds are, there is no answer.  However, prior discussions on this list have generated reports of 500 to 2000 hands per hour.  Many have questioned the higher ranges of speeds, but I am reasonably convinced from those who have responded that they are being reasonably honest - although I don't know if they can sustain those speeds over longer periods of time.  Most everyone agrees that speed at the expense of accuracy is too costly to justify whatever reasons there are for playing faster than the speed at which you can play correctly.

--BG
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3. playing speed.

I've never timed my playing speed until today.  I knew I was fast but was astonished in two time trials of 15 minutes each, one was 1200 and another at 1275, when multiplied by 4.  Is there a such thing as an average speed?   


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Re: [vpFREE] RE: Calling Math Wiz

 
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RE: [vpFREE] RE: Calling Math Wiz

 

I agree with Bob's answer but I would say that the "fixed amount" is the points required to get just the diamond card for the year, since this gets you into the diamond lounge and other perks. So the question to ask is: "what is the cheapest way to get just a diamond card at Harrahs?" This is different than say: "How do I win the most money at Harrahs?" or "How do I get the best mailers from Harrahs?" Another question to ask is at what Harrahs? I would suggest that the answer to that question is AC, which may also have the best diamond lounge, but good luck trying to get there this weekend.


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Re: [vpFREE] Re: playing speed.

 

     Thanks for the posts, very interesting!


On Friday, January 3, 2014 12:22 PM, 007 <007@embarqmail.com> wrote:
 
Rod wrote ...

>I've never timed my playing speed until today. I knew I was fast but was astonished in two time trials of 15 minutes each, one was 1200 and another at 1275, when multiplied by 4. Is there a such thing as an average speed?

Completely independently of my desire to know how fast I'm playing, I
routinely keep track of how long I play and how many points I've
earned, which makes it easy to calculate my speed, which often
surprises me. I think how many cards are held, on average, makes a
big difference. I always play Deuces Wild games much faster than
Jacks or Better games and I think it's because of the greater
frequency of redraws. I play Double Bonus much slower than Double
Double.


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[vpFREE] RE: playing speed.

 

Do a yahoo groups search on the word "speed." Check out the thread on vp speed posted last 7/23-24.

The thread talks about the "need for speed"; ways to enhance speed; who, what, when and why. Also, how some relate speed to penis size (or lack thereof).


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Re: [vpFREE] Re: playing speed.

 

Rod wrote ...

>I've never timed my playing speed until today. I knew I was fast but was astonished in two time trials of 15 minutes each, one was 1200 and another at 1275, when multiplied by 4. Is there a such thing as an average speed?

Completely independently of my desire to know how fast I'm playing, I
routinely keep track of how long I play and how many points I've
earned, which makes it easy to calculate my speed, which often
surprises me. I think how many cards are held, on average, makes a
big difference. I always play Deuces Wild games much faster than
Jacks or Better games and I think it's because of the greater
frequency of redraws. I play Double Bonus much slower than Double
Double.

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[vpFREE] Re: playing speed.

 

Rod wrote ...
 
I've never timed my playing speed until today.  I knew I was fast but was astonished in two time trials of 15 minutes each, one was 1200 and another at 1275, when multiplied by 4.  Is there a such thing as an average speed?   
 
 
Be careful not to be misled by a couple of rapid sessions. Playing quickly for 15 minutes is much, much easier than playing that speed for even 1 hour. Also, I think you tend to focus more on speed when in a time trial.
 
Here's what you could do if you are interested in a realistic playing speed. Pick out a time when you are going to play for a couple of hours. Clock your speed for that 2 hours session. Don't adjust the clock for breaks you take, or drink orders or talking to your friend or answering the phone. These are all things that happen. After 2 hours, I'll bet your hourly speed is quite a bit less than the numbers listed above. Two hours is also long enough to eliminate rounding errors on your watch ( especially if you don't have a second hand on the watch. Not usually a problem in this digital age).
 
Also, speed is good but over rated. Any speed related mistakes will cost you much more than the extra hands of play you get in. Unless there is a real good reason to play quickly ( timed promo, progressive, etc), slow and accurate is much more profitable.
 
Machine type is a huge factor in how fast you play as well.

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[vpFREE] Re: Micro & Macro-Economics of the Casino Industry (updated for 11/2013)

 

Just read a New Yorker article about Wynn's huge club that makes more money than any club in the world.

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[vpFREE] playing speed.

 

I've never timed my playing speed until today.  I knew I was fast but was astonished in two time trials of 15 minutes each, one was 1200 and another at 1275, when multiplied by 4.  Is there a such thing as an average speed?   

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[vpFREE] Micro & Macro-Economics of the Casino Industry (updated for 11/2013)

 

This was originally submitted 7/2012. Updated figures are from a Nov 2013 Business Week special issue. Note the trend. It may seem grim but remember that the smaller gaming revenue gets, the more significant the low- & mid-roller market becomes in a shrinking market. I wouldn't be surprised if a major player like Wynn or Adelson abandons LV in the future. Updates are in <<<<brackets>>>> & CAPS.
 
That was the title of a speech that I attended on July 6th by William Eadington  (Univ of NV-Reno, professor who has written extensively on the casino industry). This was one of the programs for the Mensa annual gathering at Silver Legacy in Reno.
 
Figured I better submit this before I forget all the details.
 
Prof. Eadington really knew his subject as he was tossing out facts non-stop during his 90-minute speech.
 
Some fast facts:
 
In 1988, there were only 2 states with gambling. Now there are 40.
 
Gambling has been in Las Vegas for 80 yrs, reaching $8 billion in 2011.
                                                                      <<<<$7 BILLION (PROJECTED) IN 2013)>>>>
 
The new era of modern casinos in Macao started in 2004.  In 2007, revenue equaled LV revenue. It's now at $34 billion.
<<<<$43.3 BILLION FOR 2013>>>>
 
 
In 2010, Singapore opened 2 casinos. Next yr the 2 casinos did $6 billion & are the most profitable casinos extant.
<<<<$6.2 BILLION FOR 2013, STILL 2 CASINOS)
<<<<OTHER MARKETS 2013 PROJECTED: $5.2 BILLION FOR SOUTH KOREA, $3.9 BILLION FOR AUSTRALIA, $2.2 BILLION FOR PHILLIPINES>>>>
<<<<IF JAPAN LEGALIZES CASINOS, PROJECTED REVENUE IS $10 BILLION>>>>
 
The facts above explain where the Asian high-rollers went. What about the others? For NV, the proliferation of Indian casinos in CA has literally gutted its target market of gamblers from SF Bay Area & Southern Cal. dropping visitor count by half to two-thirds. Today CA has 64 casinos & $6 billion in revenue.
<<<< DON'T HAVE FIGURES FOR CALIFORNIA ET AL. CAN ANYONE PROVIDE THEM? >>>>
 
If you think the pie can't be spread much thinner, you'd be wrong. The shocks still to come are the spread of gambling to the last 10 states but that's not the worst of it. If Internet gambling is allowed (just a matter of time) and sweepstakes gambling parlors **(strip mall shops disguised as Internet cafes) spread, these would mimic the casino experience with the same games with the difference that you could stay put & play your favorite games. In other words, you don't need to make a trip to real bricks & mortar casinos.
 
Prof. Eadington wasn't trying to be downbeat about the industry but that's the way it came out. Afterwards I asked him if there was any way to reverse the trend, especially in NV. He thought about it for a minute & said "No I can't think of any."

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