vpFREE2 Forums

10 play machines

#1

Do the Nevada gaming
regs allow multi-play machines where you must play the max hands;
e.g. a 10 play machine where you must play 10 hands? I have not found
any such machines although they might exist. I ask because I can find
full pay machines at $1, $2, $5 or other denominations which are full
pay and I can afford to play as a recreational player, but in each
instance the royal requires tax withholding.

If the machine was a
10-play $.25 VP machine for example requiring that 10 hands be
played, the non-professional gambler could play at a total coin in
level per hand to meet the casinos requirements for the machine to be
profitable for them, but not make the player report one big win when
actually they probably suffered a loss throughout the entire year. Such a machine would work to the benefit of the
casino because the casino would have to deal with much less paperwork
on fewer “taxable” jackpots while they should see more coin-in as
a result of the casual player being willing to gamble more per hand.
My guess is also that the small casino would not have to maintain as
much money in reserve to pay off the rare large jackpot. The player
would still be obligated to declare their per session winnings to the
IRS but the overall tax that they would have to pay for the years
play would be less. If the regs do not allow such machines now it
would be to the advantage of the casinos, game manufacturers, players
and gaming commission to allow them. WIN/WIN/WIN. If you have any contacts which might be helpful in getting this worked out please speak to them about the idea.

#2

Old 3/5/10 Play machines wouldn't allow you to choose a number of hands. On old machines you must use the BET MAX button (i.e. 5 coins on 10 lines = 50 credits) or BET 1 CREDIT button. With the bet one credit option you start with 1 coin on line 1 then the second push will bet 1 coin on line 2. Doing this ten times will give you 1 coin on all 10 lines, the 11th push finally adds a second coin bet to line 1. You are never forced to play all lines (unless machine has a minimum dollar bet per play which is equal to max bet on all lines -- I've never seen it).

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On Aug 20, 2017, at 2:42 PM, genefro41@gmail.com [vpFREE] <vpFREE@yahoogroups.com> wrote:

Do the Nevada gaming regs allow multi-play machines where you must play the max hands; e.g. a 10 play machine where you must play 10 hands? I have not found any such machines although they might exist

#3

It’s a problem for video poker which generally has 800 for 1 payoffs for a royal which triggers a W2G for bets of $1.50 or more. The IRS should raise the limit of $1200, but that’s not likely to happen. The casinos shouldn’t put so much heat on W2G’s, but that’s not likely to happen, although eventually some enlightened local’s casino will probably do it and make tons of money, maybe Dotty’s already does it, sort of. What you have is a standoff.

#4

noti: It’s a problem for video poker which generally has 800 for 1 payoffs for a royal which triggers a W2G for bets of $1.50 or more. The IRS should raise the limit of $1200, but that’s not likely to happen. The casinos shouldn’t put so much heat
on W2G’s, but that’s not likely to happen, although eventually some enlightened local’s casino will probably do it and make tons of money, maybe Dotty’s already does it, sort of. What you have is a standoff.

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Curious that noti mentioned Dotty’s.

What Dotty’s does is pay a 10% bonus on (supposedly) 10% of the W2Gs. That is, if you get a $4,000 W2G, about 10% of the time you will be drawn for a $400 cash bonus. So I assume that’s worth $40 on average, making the original jackpot worth $4,040 rather than
$4,000. The results of the drawing are posted on Tuesday, based on W2Gs received Sunday through Saturday of the previous week.

On the game Bonus Poker Deluxe, I set the pay schedule at the top end to 4040, 252.5, 404 to take these W2G bonuses into account. That changes a 99.642% game into a 99.784% game, assuming you are betting at least $24 a hand to trigger W2Gs on straight flushes.
Betting $15 - $23 per hand captures most of that because that will yield W2Gs on the quads but not the “relatively rare” straight flushes. The slot club pays up to 0.2%, depending on time of day, and the mailers yield between 0.0001% and 0.4%, depending on
whether you’ve been winning recently. If you use the double up feature to get frequent W2Gs and can get them on flushes and higher, you get a higher yield on the game but your mailers are completely cut off if you do this.

VPW only allows integer pay schedules, so I double all numbers yielding a 199.568% game and then divide by two. WinPoker allows fractional pay schedule sizes, so you don’t have to make an adjustment there.

Super Double Bonus adds 0.05% to the EV and quite a bit to the variance, and you need to play $25 a hand or more to get all the W2Gs.

For professional players, who already have a lot of W2Gs and a few more don’t bother them, this can be a good game. For players who do not get a lot of W2Gs, getting some W2Gs causes a lot of “IRS stress.”

If I didn’t already receive a lot of W2Gs from other places, I probably wouldn’t find Dotty’s a good place to play. But since I do, i do.

I don’t know if this is what noti meant when he mentioned “maybe Dotty’s already does it, sort of.” How this turns into a any kind of a standoff, I have no idea.

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