Re: [vpFREE] Re: Bob Dancer's LVA - 5 AUG 2014

 

Thank you Albert, Bruce and roaches. I might be slowly changing my mind about casino credit. Call me old school however, I still feel uncomfortable with having a line of credit at casinos. I will remain a cash player.

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Re: [vpFREE] Re: Bob Dancer's LVA - 5 AUG 2014

 

I agree with AP (Albert Pearson, not "advantage player") regarding casino credit (markers).  Also, I believe Max Rubin recommended its use in his seminal book.


Roach 

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[vpFREE] Re: Bob Dancer's LVA - 29 JUL 2014

 

Very well said (written), "fhbarneb"!

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RE: [vpFREE] Scot Krause's LVA Players Club Bonus Points Update - 3 AUG 2014

 

I confirmed and it's at both Fiesta's.  Posted it. Thanks!

 

Scot

 

From: vpFREE@yahoogroups.com [mailto:vpFREE@yahoogroups.com]
Sent: Sunday, August 03, 2014 3:48 PM
To: vpFREE@yahoogroups.com
Subject: Re: [vpFREE] Scot Krause's LVA Players Club Bonus Points Update - 3 AUG 2014

 

 

It was on a sign inside Fiesta Henderson today.

Sent from my iPhone


On Aug 3, 2014, at 2:47 PM, "'Scot Krause' krauseinvegas@cox.net [vpFREE]" <vpFREE@yahoogroups.com> wrote:

 

Not sure that is available to everyone or only by mailer invitation.

 

From: vpFREE@yahoogroups.com [mailto:vpFREE@yahoogroups.com]
Sent: Sunday, August 03, 2014 2:45 PM
To: vpFREE@yahoogroups.com
Subject: Re: [vpFREE] Scot Krause's LVA Players Club Bonus Points Update - 3 AUG 2014

 

 

Fiestas Tuesdays 10X reels 6X VP.  As usual I assume anyone who has demonstrated an IQ exceeding their shoe size will not have the offer available to them on the kiosks.

Sent from my iPad

 

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Posted by: "Scot Krause" <krauseinvegas@cox.net>
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Re: [vpFREE] Re: Bob Dancer's LVA - 5 AUG 2014

 

It's simple.
Lines of credit increase the casino's handle.
Casinos aren't afraid of making a risk volume/Ev decision.

It's no different than a credit card.
If they take your action, why not take twice your action?

For the player, it eliminates walking through the lot
with a wad of 100s.


On Tuesday, August 5, 2014 1:11 PM, "Albert Pearson ehpee@rogers.com [vpFREE]" <vpFREE@yahoogroups.com> wrote:


 
I have been using casino credit in many locales including a number of casinos in Las Vegas for a lot of years. 
Casino credit should be handled the same as any other type of credit. In the hands of a well disciplined player a line of credit is a great convenience. You don't have to make large withdrawals from your bank before a trip, you don't have to worry about carrying around large amounts of cash. I am a great fan of casino credit. I always pay off my marker when I finish playing at the casino, if I'm up I pay in cash, otherwise I write a check. Some people wait for a bill in the mail.
   As with a regular credit card, some people will get in trouble by using casino credit. I would never say that it is for stiffs or suckers.
I would say that you must be highly disciplined with your gambling
to be able to handle it.
In all my years of playing I have never found that my treatment at a casino has changed from when I played with cash or used a credit line. I normally do not apply for a line of credit at a casino until I have played there a few times and decide to put that casino on my "A" list.

Regards
A.P.

From: "Nordo123@aol.com [vpFREE]" <vpFREE@yahoogroups.com>
To: "vpFREE@yahoogroups.com" <vpFREE@yahoogroups.com>
Sent: Tuesday, August 5, 2014 3:30:48 PM
Subject: [vpFREE] Re: Bob Dancer's LVA - 5 AUG 2014

 
Bob, I understand your entire article except for the part that having an active line of credit helps. I was told that having casino credit is only for stiffs and suckers. I am neither, I am a gambler (these 3 catagories however are not mutually exclusive). Two players play once a week. Player A has casino credit, Player B does not. Both players put through the same amount of money each week on the same machine. Player A uses casino credit, Player B uses his own money. If I were a casino manager I would give more to Player B. Even if Player A is not a stiff (Player B can't be a stiff) Player A is given an interest free loan, Player B is not. Now I know an interest free loan is not worth much these days but it is worth something. In addition there are extra booking costs associated with Player A. I was also told by someone that worked in casino credit that the casino pays more attention to credit players. To make sure the credit player pays whatever he has on him up to the amount of the extended credit. Thanks, Bob.

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Posted by: Bruce Cohen <brucedcohen2002@yahoo.com>
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Re: [vpFREE] Re: Bob Dancer's LVA - 5 AUG 2014

 

I have been using casino credit in many locales including a number of casinos in Las Vegas for a lot of years. 
Casino credit should be handled the same as any other type of credit. In the hands of a well disciplined player a line of credit is a great convenience. You don't have to make large withdrawals from your bank before a trip, you don't have to worry about carrying around large amounts of cash. I am a great fan of casino credit. I always pay off my marker when I finish playing at the casino, if I'm up I pay in cash, otherwise I write a check. Some people wait for a bill in the mail.
   As with a regular credit card, some people will get in trouble by using casino credit. I would never say that it is for stiffs or suckers.
I would say that you must be highly disciplined with your gambling
to be able to handle it.
In all my years of playing I have never found that my treatment at a casino has changed from when I played with cash or used a credit line. I normally do not apply for a line of credit at a casino until I have played there a few times and decide to put that casino on my "A" list.

Regards
A.P.

From: "Nordo123@aol.com [vpFREE]" <vpFREE@yahoogroups.com>
To: "vpFREE@yahoogroups.com" <vpFREE@yahoogroups.com>
Sent: Tuesday, August 5, 2014 3:30:48 PM
Subject: [vpFREE] Re: Bob Dancer's LVA - 5 AUG 2014

 
Bob, I understand your entire article except for the part that having an active line of credit helps. I was told that having casino credit is only for stiffs and suckers. I am neither, I am a gambler (these 3 catagories however are not mutually exclusive). Two players play once a week. Player A has casino credit, Player B does not. Both players put through the same amount of money each week on the same machine. Player A uses casino credit, Player B uses his own money. If I were a casino manager I would give more to Player B. Even if Player A is not a stiff (Player B can't be a stiff) Player A is given an interest free loan, Player B is not. Now I know an interest free loan is not worth much these days but it is worth something. In addition there are extra booking costs associated with Player A. I was also told by someone that worked in casino credit that the casino pays more attention to credit players. To make sure the credit player pays whatever he has on him up to the amount of the extended credit. Thanks, Bob.

Sent from my iPhone


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Posted by: Albert Pearson <ehpee@rogers.com>
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[vpFREE] Re: Bob Dancer's LVA - 5 AUG 2014

 

Bob, I understand your entire article except for the part that having an active line of credit helps. I was told that having casino credit is only for stiffs and suckers. I am neither, I am a gambler (these 3 catagories however are not mutually exclusive). Two players play once a week. Player A has casino credit, Player B does not. Both players put through the same amount of money each week on the same machine. Player A uses casino credit, Player B uses his own money. If I were a casino manager I would give more to Player B. Even if Player A is not a stiff (Player B can't be a stiff) Player A is given an interest free loan, Player B is not. Now I know an interest free loan is not worth much these days but it is worth something. In addition there are extra booking costs associated with Player A. I was also told by someone that worked in casino credit that the casino pays more attention to credit players. To make sure the credit player pays whatever he has on him up to the amount of the extended credit. Thanks, Bob.

Sent from my iPhone

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[vpFREE] Bob Dancer's LVA - 5 AUG 2014

 

Bob Dancer's LVA - 5 AUG 2014

Thinking Like a Casino Manager

http://www.lasvegasadvisor.com/bob_dancer/2014/0805.cfm

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Re: [vpFREE] Re: Video Poker for iPad, iPhone, iPod

 

Again I urge that no one use these devices in casinos, wether legal or not for reasons I eschewed in past posts.

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Re: [vpFREE] Re: Video Poker for iPad, iPhone, iPod

 

Nordo123@aol.com wrote:

>You brought up an interesting point Harry. If your electronic device gives you an advantage over "yourself". I believe I know how to play 9-6 Jacks or Better perfectly. Say I used an electronic device that gives a simplified strategy for the game. In this case I did not even gain an advantage over myself let alone the casino. Case 2 I use the electronic device with a simplified strategy for 10-7 Double Bonus and if you followed that strategy your edge would be 0.12%. Now I know I can play 10-7 with at least a 0.15%. By using the device I did not gain an advantage over myself but I did gain an advantage over the casino (I had that anyway without "help" from the device). I would say in the 9-6 Jacks or Better case I did not break the law but in the 10-7 Double Bonus I did. Obtaining an Advantage has to mean against the "booking agent" - the casino and not against yourself. I do wish some lawyer would let us know what the "obtaining an advantage" clause means.

I'm not a lawyer, but I'd be shocked if a court ruled that "obtaining
an advantage" required positive expected value. I think any
improvement would qualify. If, without the device, you played 6/5
Jacks or Better enough for your expected value to be a 94% payback and
the device raised that to 94.1%, legally, I believe that would
constitute "obtaining an advantage."

I'll be seeing a lawyer this week and I'll ask him.

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RE: [vpFREE] Re: Video Poker for iPad, iPhone, iPod

 

You brought up an interesting point Harry. If your electronic device gives you an advantage over "yourself". I believe I know how to play 9-6 Jacks or Better perfectly. Say I used an electronic device that gives a simplified strategy for the game. In this case I did not even gain an advantage over myself let alone the casino. Case 2 I use the electronic device with a simplified strategy for 10-7 Double Bonus and if you followed that strategy your edge would be 0.12%. Now I know I can play 10-7 with at least a 0.15%. By using the device I did not gain an advantage over myself but I did gain an advantage over the casino (I had that anyway without "help" from the device). I would say in the 9-6 Jacks or Better case I did not break the law but in the 10-7 Double Bonus I did. Obtaining an Advantage has to mean against the "booking agent" - the casino and not against yourself. I do wish some lawyer would let us know what the "obtaining an advantage" clause means.

 
 
 


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