RE: [vpFREE] Re: Proper hold JOB 3 card royal vs. 4 card flush?????

 

nightoftheiguna wants a 2% slot club. Sorry night, no way. When I started playing video poker 1% cash back was not uncommon. Now you're very lucky to get 1/3% free play. By the way a 2% slot club on 8/5 Jacks would not look attractive to me - it is still a loser!!

Sent from my iPhone

__._,_.___
Posted by: nordo123@aol.com
Reply via web post • Reply to sender • Reply to group • Start a New Topic • Messages in this topic (80)

.

__,_._,___

[vpFREE] Scot Krause's LVA Players Club Bonus Points Update - 1 OCT 2014

 

Scot Krause's LVA Players Club Bonus Points Update - 1 OCT 2014

http://www.lasvegasadvisor.com/greatdeals-slotpromotions.cfm

*************************************************
This link is posted for informational purposes
and doesn't constitute an endorsement or approval
of the linked article's content by vpFREE. Any
discussion of the article must be done in
accordance with vpFREE's rules and policies.
*************************************************

__._,_.___
Posted by: vpFREE3355 <vpfree3355@gmail.com>
Reply via web post • Reply to sender • Reply to group • Start a New Topic • Messages in this topic (1)

.

__,_._,___

[vpFREE] Re: Proper hold JOB 3 card royal vs. 4 card flush?????

 

"Also if you're collecting SS the taxes are a killer."

That's right. Also everything else that is affected by AGI. Losses are not deducted from AGI. (Unless you file Schedule C).

__._,_.___
Posted by: nightoftheiguana2000@yahoo.com
Reply via web post • Reply to sender • Reply to group • Start a New Topic • Messages in this topic (79)

.

__,_._,___

RE: [vpFREE] Re: Proper hold JOB 3 card royal vs. 4 card flush?????

 

>>NOTI wrote: Now, what kind of strategy do you get with the royal set at 400 instead of 800?
>Bob wrote: That's easy. If the royal were 400, I would give up video poker and take up bowling!

I imagine say a 2% slot club would bring you back? And this isn't so hypothetical. Many slot floor managers are tightening their games but then marketing soon figures out they have no customers unless they make the slot club very generous. So you get tight games and loose slot clubs. Sometimes 8/5 Jacks doesn't look so bad.

__._,_.___
Posted by: nightoftheiguana2000@yahoo.com
Reply via web post • Reply to sender • Reply to group • Start a New Topic • Messages in this topic (78)

.

__,_._,___

[vpFREE] LVRJ: Hard Rock Hotel parent wins auction for Revel

 

LVRJ: Hard Rock Hotel parent wins auction for Revel

http://www.reviewjournal.com/business/casinos-gaming/hard-rock-hotel-parent-wins-auction-revel

or

http://tinyurl.com/oajofbj

*************************************************
This link is posted for informational purposes
and doesn't constitute an endorsement or approval
of the linked article's content by vpFREE. Any
discussion of the article must be done in
accordance with vpFREE's rules and policies.
*************************************************

__._,_.___
Posted by: vpFREE3355 <vpfree3355@gmail.com>
Reply via web post • Reply to sender • Reply to group • Start a New Topic • Messages in this topic (1)

.

__,_._,___

Re: [vpFREE] Re: Proper hold JOB 3 card royal vs. 4 card flush?????

 

How about racquetball?
 
In a message dated 10/1/2014 9:21:45 A.M. Pacific Daylight Time, vpFREE@yahoogroups.com writes:
 

NOTI wrote: Now, what kind of strategy do you get with the royal set at 400 instead of 800?

 
That's easy. If the royal were 400, I would give up video poker and take up bowling!

Bob

__._,_.___
Posted by: Countgr8@aol.com
Reply via web post • Reply to sender • Reply to group • Start a New Topic • Messages in this topic (77)

.

__,_._,___

RE: [vpFREE] Re: Proper hold JOB 3 card royal vs. 4 card flush?????

 

NOTI wrote: Now, what kind of strategy do you get with the royal set at 400 instead of 800?

 
That's easy. If the royal were 400, I would give up video poker and take up bowling!

Bob

__._,_.___
Posted by: Bob Dancer <bobdancervp@hotmail.com>
Reply via web post • Reply to sender • Reply to group • Start a New Topic • Messages in this topic (76)

.

__,_._,___

[vpFREE] vpFREE Posting Guidelines - 1 OCT 2014

 

vpFREE Posting Guidelines - 1 OCT 2014

http://www.west-point.org/users/usma1955/20228/V/POL_P.htm

1. Everyone should read and be familiar with the vpFREE
FAQ before posting messages on vpFREE Forums.

2. Every message's subject line should accurately identify
the content of the message, to facilitate faster navigation
by interested or uninterested members.

3. If you reply to a message and change the subject matter,
either start a new thread (preferable) with a new subject
line or rename the subject line to reflect its new focus.

4. When replying to messages, quote just enough of the
previous post to maintain continuity. Delete the rest of
the previous post.

5. When replying to messages, clearly differentiate the
previous message(s) from your comments, so that it will be
easy to identify who wrote what.

6. Never post lengthy copyrighted material verbatim without
permission. This includes posts from non-vpFREE internet
forums. Instead, post a link to the material and/or a
summary. Short, credited excerpts may be quoted.

7. Don't use any vpFREE member's real name, even their
first name, on any vpFREE forum unless they themselves use
their real name there.

8. As a spam prevention measure, no one can upload to the
Files Directory on the vpFREE home page unless they get
temporary upload access from the Administrator.

9. Casino personnel probably monitor vpFREE Groups so posts
containing sensitive information should take this into
consideration.

10. Members are expected to observe the rules of
Netiquette , and to practice politeness and show good taste
in their vpFREE posts.

11. Any post that disagrees with vpFREE Dogma and
reaches contradictory conclusions, should be supported with
significant, persuasive documentation. Generalizations and
limited anecdotal evidence aren't persuasive.

12. Most vpFREE members rely on the forum for accurate
information, and may misunderstand, misinterpret or be
confused by tongue-in-cheek posts which are presented as
fact. Always make it very clear in your posts if they are
tongue-in-cheek, by using "smilies", stating that you're
kidding or something similar.

13. Use FREEvpFREE for any political, religious, or smoking
vs. non-smoking discussions. Non-partisan status reports
about smoking and non-smoking availability in casinos are OK
on vpFREE.

14. If you have Yahoo administrative problems, send a
private email to the Administrator, after you have checked
the vpFREE Yahoo! Administrative Problems Directory.

15. Let the Administrator do the administrating. Send any
comments, questions, suggestions or disagreements about
vpFREE policies or procedures to the Administrator via
private email or post them on FREEvpFREE.

__._,_.___
Posted by: vpFREE3355 <vpfree3355@gmail.com>
Reply via web post • Reply to sender • Reply to group • Start a New Topic • Messages in this topic (1)

.

__,_._,___

[vpFREE] vpFREE Policies - 1 OCT 2014

 

vpFREE Policies - 1 OCT 2014

http://www.west-point.org/users/usma1955/20228/V/POL.htm

The vpFREE Video Poker Group is a free internet forum for
the discussion and exchange of information about video poker
and video poker related topics. vpFREE is dedicated to
sharing, promoting and preserving good video poker
situations that can survive and prosper in an open market
environment.

MEMBERSHIP REQUIREMENTS: Every vpFREE member is expected to
observe and practice the vpFREE Posting Guidelines and the
rules of Netiquette , and to vote in all applicable vpFREE
polls and elections.

SUNSHINE POLICY: vpFREE members are expected to report all
attractive games they notice in casinos they visit, unless
they believe it's better not to publicize the games, either
for their own benefit or for the video poker community as a
whole.

MODERATION: vpFREE is semi-moderated, which means that
established members aren't normally moderated, but
individual members can be moderated for cause. All new
members are moderated, to help prevent spam messages, until
they have made a legitimate post.

FREEvpFREE: Political or religious posts and any extended
discussions of off-topic threads should be done on
FREEvpFREE which is the unmoderated, free speech forum of
the vpFREE groups. Disruptive threads will be moved to
FREEvpFREE.

PROMOTIONAL POSTS: The preferred promotional method on
vpFREE is the use of short, unobtrusive signature files. In
addition, occasional announcements of new or continuing
offers of mainstream video poker related products are
acceptable. All other promotional posts require prior
approval.

TERMS of SERVICE: See vpFREE Terms of Service .

NON-PROFIT: vpFREE is, and will always remain, a non-profit
operation. Neither vpFREE nor the vpFREE Administrator has
any financial interest, direct or indirect, in any
commercial video poker related product or endeavor.

ADMINISTRATION: The vpFREE Administrator makes, interprets
and enforces the rules and policies for vpFREE, subject to
oversight from the vpFREE Administrative Committee.

__._,_.___
Posted by: vpFREE3355 <vpfree3355@gmail.com>
Reply via web post • Reply to sender • Reply to group • Start a New Topic • Messages in this topic (1)

.

__,_._,___

[vpFREE] Re: Proper hold JOB 3 card royal vs. 4 card flush?????

 

On the one hand, reducing the expected "pay" of the royal to an after-tax value makes sense when deciding strategy, (and after-tip if you count that as part of your win/loss, although the decision as to whether to tip or not, and how much, is actually independent of the game, although the decision would not, of course, even come up if you weren't getting a hand pay). 

On the other hand, if you're reporting all gambling income and losses, regardless of W2Gs (as the tax law requires, although I realize that gamblers mostly ignore that law unless W2Gs force them to confront it), then the tax consideration is out of the picture, since you'll pay the same tax on (for example) a $4,000 royal as you would on $4,000 worth of flushes. 

But then on the other hand (please ignore that I'm out of hands), even if you pay all taxes as required by law, if you report by sessions, you're more likely to have a winning session, and a more substantial one, with the royal than with a bunch of flushes, so that going for the royal is more likely to put you in a "pay tax" situation than going for the flush.

And of course, while the long run can definitely run from one year to the next, taxes are determined only on how you did this year, whether you include W2Gs or not.  I'm pretty sure, but not 100%, that even filing as a professional gambler, you can't carry one year's losses forward to offset a future year's winnings -- but again, I may be wrong on that one, and regardless, most of us are not filing as professionals -- those who are, are participating in this discussion for the benefit of the rest of us, and probably fully understand the entire big picture when making some small decision such as the one under consideration.

And if you live in one of the many states with a gross income tax, gambling losses are usually not deductible against winnings - but I am pretty sure that no professional gambler would live in such a state - they pretty much could not do both, live in such a state AND maintain a profitable professional gambler's life.

--BG
==================== 


Some other things to consider: I assume you're going to tip if you hit a royal? 1% is a typical tip, so now instead of getting 800 bets, you're getting 792 net tip. You mentioned TAXES, if that royal is $1200 or more, you'll be getting a W2G which likely will impact your taxes. How much does that reduce the win from the royal, I don't know, it depends on your taxes, but the hit can be very significant, it can be more than the royal itself. What about that treasured mailer you were getting? Think that won't be affected by your royal win? What else is affected by hitting a royal? Have you considered all the possibilities? Have you considered the Rumsfeld "unknown unknowns"?

But surely you can see that instead of setting the royal to 800 bets in your strategy generator of choice, a reduced value would be more realistic. Once you reduce the value of the royal, that nickel you thought you were giving up may actually be illusionary. Let's say the net-net royal should be more like 400 bets. Now, what kind of strategy do you get with the royal set at 400 instead of 800?


__._,_.___
Posted by: Barry Glazer <b.glazer@att.net>
Reply via web post • Reply to sender • Reply to group • Start a New Topic • Messages in this topic (75)

.

__,_._,___
Subscribe to: Posts (Atom)