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Bob Dancer's LVA - 26 AUG 2014

Bob Dancer's LVA - 26 AUG 2014

A No Brainer --- Or So I Thought

http://www.lasvegasadvisor.com/bob_dancer/2014/0826.cfm

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Interesting article, you didn’t mention how you did, although I know that isn’t relevant to the article. I’m surprised that you called the article “a no brainer”, with all your experience dealing with the general gambling public I think that what you saw was what any player of your calibre should expect, which was a lot of people making poor decisions.

The casinos don’t get rich off of smart players as you know.

A.P.

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From: “vpFREE3355 vpfree3…@…com [vpFREE]” <vpF…@…com>
To: vpF…@…com
Sent: Tuesday, August 26, 2014 6:21:33 PM
Subject: [vpFREE] Bob Dancer’s LVA - 26 AUG 2014

Bob Dancer’s LVA - 26 AUG 2014

A No Brainer — Or So I Thought

http://www.lasvegasadvisor.com/bob_dancer/2014/0826.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.


It doesn’t change the premise or conclusion of your article, but there were 14 winners, not 100. It paid 1st through 12th place as well as two prizes for 22nd and 100th place.

Bob wrote: “To be eligible for the tournament, you had to play $40,000 coin-in at video poker or $2,500 coin-in on a slot machine during the previous four
days.”

Slots would have been the way to go, assuming you could find ones with even money or overlays, I’m just saying. Even if the best you could do was find a slot with 1% hold, 1% of $2500 is $25, plus better mailers. Plus, on slots, even if you could only get in say $2000, you might be able to negotiate your way into the tournament anyway, like maybe if you’d agree to the rebuy or tip/gift your host, or whatever.

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One %? I might play slots then. 5% sounds more typical.

Yeah, most modern slots don’t even allow paybacks above 98%. And at the dollar level, I would expect closer to 95%. However, if games like 9/6 JoB or less are the only ones that qualify, then playing the higher limit slots are a valid argument thanks to the dramatic differences in coin-in requirement.

And of course you are forgeting that a particular slot might have an average hold of say 10%, but at certain times it’s an overlay because of progressives, bonuses, piggybanks, etc. The casinos love these slots because they are popular and on average they get to hold the 10% or whatever. The players love the challenge of trying to play at the right time to get a jackpot. It’s a win-win.