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Bob Dancer's LVA Column - 26 APR 2016

#1

Bob Dancer's LVA Column - 26 APR 2016

Breakeven Point Analysis Leads to Some Strange Conclusions

http://www.lasvegasadvisor.com/bob_dancer/2016/0426.cfm

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<a href="http://www.lasvegasadvisor.com/bob_dancer/2016/0426.cfm">
http://www.lasvegasadvisor.com/bob_dancer/2016/0426.cfm</a>

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#2

Costs of hitting a royal are important to take into consideration. For example, if you're playing a $50/hour play and it takes them 20 minutes to pay you off before you can continue, you're losing $16.67 right there. Does hitting that royal cause a large income tax penalty next April? What if hitting a royal results in the casino removing your mailer? You lose that amount, and so on. Often it's difficult to figure out the exact value of a royal because there are so many unknowns, you really don't know how the casino will react, perhaps they will tresspass you right then and confiscate any earned benefits, perhaps they will be satisfied with just a snarky remark about how many royals you're been hitting. This is another situation where min-cost-royal strategy may be the best answer. Once you have included any per hand bonuses such as cashback or cashback equivalents (bonuses based on number of hands played or total coin-in), min-cost-royal strategy is fixed and not dependent on the actual value of the royal, you will always be playing to minimize the cost of hitting a royal.

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