Re: [vpFREE] El Cortez Question

 



$1 at the bar.

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On Fri, Jan 10, 2014 10:09 PM CST rreid01@yahoo.com wrote:

>Can someone tell me if the 8/5 BP at El Cortez accrues cashback at $1 for 1 point, or at $3 for 1 point?

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[vpFREE] El Cortez Question

 

Can someone tell me if the 8/5 BP at El Cortez accrues cashback at $1 for 1 point, or at $3 for 1 point?

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[vpFREE] Casino check cashing, gift cards, ATMs

 

Today, I inquired about check cashing at Mohegan Sun at Pocono Downs (my frequently visited local casino which offers horrid video poker).

I was told that no matter what amount I have in my checking account, I can only withdraw an amount based on my credit score...and then there are limitations about how much I can withdraw per withdrawal in a certain time period.

The ATMs, I was told, have a $4 fee and limit withdrawals to $500.

Gift cards, too, that I might use to 'transfer money' purchased using credit cards, have limitations including a 24 hour delay for use and a $300 -- if I recall correctly -- limit per month.

What experiences have others had with casino check cashing, gift cards, and even ATMs? I would like to not carry around a large sum of money into a casino should I, for instance, decide to play 1/2 NL hold em with a $6000 bankroll. It's also inconvenient to have to visit my bank beforehand... 

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RE: [vpFREE] Re: Reserve buffet report

 

Rancho?  I don't know what "hot pot" is but the ingredients are always more plentiful then other places, all fresh, cut large, great choices of sauces, seasonings, and beef, chicken, pork or shrimp, do a combo, etc.   The rest of the buffet is mediocre.  Nothing fancy.  Comfort foods.  And the price is right (as in cheap!)  :)

 

From: vpFREE@yahoogroups.com [mailto:vpFREE@yahoogroups.com] On Behalf Of cdgnpc@aol.com
Sent: Friday, January 10, 2014 7:04 PM
To: vpFREE@yahoogroups.com
Subject: RE: [vpFREE] Re: Reserve buffet report

 

 

They do a Mongolian hot pot?

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RE: [vpFREE] Re: Reserve buffet report

 
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RE: [vpFREE] Re: Reserve buffet report

 

Fiesta Rancho has an excellent Mongolian section!  Yum!

 

From: vpFREE@yahoogroups.com [mailto:vpFREE@yahoogroups.com] On Behalf Of savorvpx
Sent: Friday, January 10, 2014 4:27 PM
To: vpfree@yahoogroups.com
Subject: [vpFREE] Re: Reserve buffet report

 

 

> Ate there Christmas afternoon and was very disappointed. When this place opened
> about 15 years ago, it was one of my favorite spreads.
 
> I will cross it off my future Vegas buffet list.  
 
I'll guess you mean the Fiesta Henderson which used to be the Reserve over 10 years ago.
 
I haven't eaten there recently but if it's like the buffet at Fiesta Rancho, forget about it.

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Re: [vpFREE] Re: The "tool box" for pros in 2014?

 

Thanks. That's the same math I'm using but 1000 hands/hour is that possible??? That's one of the higher estimates I've heard and 900 seems to be really,really fast territory - 1000 at FPDW seems impossible. Or am I wrong. 

On Jan 10, 2014, at 7:35 AM, Barry Glazer <b.glazer@att.net> wrote:

 

If you're playing 100.76% return FPDW for quarters, and playing perfectly at 1000 hands an hour, it's pretty simple math:  denomination x number of coins played per hand x hands per hour x percent return in excess of 100%.  In real numbers:  $0.25 x 5 x 1000 x 0.76% (0.0076) = $9.50 per hour.  Your "math" for $6-ish an hour is correct for 600-ish hands per hour.

The only way to increase the return on a game at a given denomination is to play more accurately or faster.  Play slower, make less, play faster, make more if you don't make off-setting mistakes at the higher speed.  Of course, if there's cash-back or other "tangential" ways to get more money for your play, that can be factored in, and if you want to assign a monetary value to your comps, if you get any, that can be considered as increased return as well.  Personally, if I choose to assign a monetary value for comps, I assign the value to me, not the value to the casino -- e.g., if I get a $25 meal comped, but it's a meal I wouldn't ordinarily buy for $25, but might buy for $10, the monetary value for me is $10.  While sandwich shops are pretty close to what I'd pay in "real life", I can get a steak dinner (including sides) for about $20-25 at a local restaurant that is quite good, while the steak alone (side ala carte) at Binion's steak house is I think nearly twice that.

I understand that you weren't thinking about the tax issues, but you really can't ignore that part -- if you do report ALL income, and use the session method, I don't know how to calculate what percentage of  your sessions will likely be winners and what percentage will be losers, but with that information, you could calculate how much you'd probably have to pay in taxes.  You'll probably pay enough in taxes that you're making less than minimum wage after taxes, if you're still ahead at all (yes, with taxes, it's possible to have a losing year and still owe money, so I assume it's possible to have a winning year and pay more in taxes than your net winnings).  You can't ignore the taxes unless you choose not to pay them.  Again, I'm from a state where the state tax is gross income, so you can't offset the winning sessions with your losses for state taxes, like you can for federal, and that makes a big difference.

Finally, you have to consider how much you can play.  If  you don't put in enough hours to get a reasonable likelihood of actually experiencing the 100.76% return (and what is "reasonable" is up to you to decide, but I'd think 90% chance would be reasonable to me), then just chance alone can make your "return" uncertain enough that you can't begin to consider VP as an alternative to work.

Again, I don't know the math for that consideration, but if you post your hands per hour, and how many hours a day you play (assuming you count a single day's play as a "session" for taxes), and how many days a year, and what your marginal federal tax rate is, and what your state tax situation is (rate, and whether or not you can offset wins with losses), someone here can do the math and tell you what your "real" after-tax income per hour would likely be.  All this assumes no errors, which I personally believe is not a reasonable assumption for anyone, although from some of the posts here, and I have no data to dispute them, there are certainly those who can approximate perfect play closely enough to assume that rate of return for the purpose of calculations.

I seem to remember reading a LONG time ago that if you play 9/6 Jacks or Better at the quarter level and play 600 hands an hour, the cost of waiting for a royal is $35 an hour (the return is only about 98% for all the hands that don't end up with a royal flush) -- so the "cost of waiting" is also something you need to factor in to your playing decisions, I would think, at least in terms of determining how much money you need to take for a session.

--BG
====================



3b. Re: The "tool box" for pros in 2014?

For the record I do report ALL income, gambling and otherwise. But I wasn't intending for the conversation to go in that direction.  The spirit of my questions really about maximizing hourly EV. By my count quarter FPDW is worth $6-ish dollars an hour (assuming a reasonable rate of hands/hour) Is my math wrong? There has to be way to increase that.



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[vpFREE] Re: Reserve buffet report

 

> Ate there Christmas afternoon and was very disappointed. When this place opened
> about 15 years ago, it was one of my favorite spreads.
 
> I will cross it off my future Vegas buffet list.  
 
I'll guess you mean the Fiesta Henderson which used to be the Reserve over 10 years ago.
 
I haven't eaten there recently but if it's like the buffet at Fiesta Rancho, forget about it.

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Re: [vpFREE] Re: The "tool box" for pros in 2014?

 

>From: "funny.young.guy@gmail.com" <funny.young.guy@gmail.com>
>Sent: Thursday, January 9, 2014 4:46 PM
>
> The spirit of my questions really about maximizing hourly EV. By my count quarter FPDW is worth $6-ish dollars an hour (assuming a reasonable rate of hands/hour) Is my math wrong? There has to be way to increase that. 

Someone else here gave you what I consider a correct answer on how to earn more than $6 per hour at video poker - Play under 100% payback games and as a Las Vegas local you will get valuable slot club benefits. Increase your hourly rate even more if you play higher denominations/more coin-in per hour since you wrote that you are "ok with the bigger bankroll". 

Station Casinos is not recommended, by the way. They have restricted just about every local video poker player that happens to win.  

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[vpFREE] Reserve buffet report

 

Ate there Christmas afternoon and was very disappointed. When this place opened about 15 years ago, it was one of my favorite spreads.


There was a long line despite the fact there were plenty of empty tables. Gone is the large dessert island in the middle of the dining area.  A much smaller dessert section is now part of the buffet line taking up about of 20% of the space.  When you add the leftover breakfast items also taking up about 20% of the buffet line, there wasn't much room for real food.  The holiday menu included nothing special. No 'legs, no shrimp, and the only fish was overcooked salmon. The turkey was dry and everything else was just okay.


The price was decent, only $11.99 w/players card. But in an era of upgraded spreads, it is very disappointing how much this one has been cheapened.  I will cross it off my future Vegas buffet list.  

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Re: [vpFREE] Re: Spirit of Savvy Trip Report

 
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[vpFREE] Re: Spirit of Savvy Trip Report

 
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Re: [vpFREE] The D showroom Questions

 

When we went to see them in October, there were no tables.  We all sat on individual chairs facing the stage.  There is a slight incline to the floor, so I think no matter where you sit, you will have no problem seeing the show.
 
Just be sure that you are in line at least 1/2 hour before show time.  We had the $55 VIP tickets & were about 6 rows from the stage with no tip/bribe when we were seated.  Good show, they are from Buffalo, NY & about an hour from here & we've seen them 6 times.
Linda in NY
 
In a message dated 1/10/2014 2:56:06 A.M. Eastern Standard Time, dickinflorida@hotmail.com writes:
 

I would like to see the Scinta's at The D in Feb, but I see it is general admission, most seating is at long tables, sitting sideways to the stage and all on one level.   I'm not real crazy about this type of seating, hard to see, uncomfortable, etc.  So can anyone tell me more about the sitting arrangement?  What might we expect for the VIP ticket at $55 vip seat?  If we go to the Platinum at $70 what does that get?  To get into a booth is that a special ticket or do you tip the head guy $20 or $40 to get one of these?  


Thanks,
Dick in Fl

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