vpFREE2 Forums

Casino Executives: Please Read This Post

Advantage player of not, we are ALL gamblers. Gamblers will lose
more money than they win over time. A computer can play "perfect"
strategy and win over a lifetime if the game has a positive expected
return. THERE ARE NO PERFECT PLAYERS. Humans ALL make mistakes. If
the best game you offer is Full Pay Deuces Wild (100.76%) at the
quarter, single line level, you are NOT going to lose a dime. Even
the EXTREMELY RARE advantage player, who plays nearly perfect and
doesn't risk another penny on other gaming opportunities, will make
only about $7 bucks an hour pounding away full time at FPDW. Your
bartender spills ten times that amount of money every hour.

Here's another news flash. Advantage players are GAMBLERS first and
foremost. Except for the one player in ten million or more (keno
odds), players will gamble on something else in your casino and you
will make money off of them.

I don't expect you to believe a guy named Rastis. Instead, just pull
the computer records on any of the public figures associated
with advantage play. Sure, Bob Dancer beat the MGM but those games
don't exist anymore. Besides, DANCER got lucky, just like any number
of Megabucks winners. Dancer may lose less than most players, but in
the end he will lose just like everyone else. (If he could make
decent money playing VP he wouldn't be so busy writing books, selling
software & strategy cards while working for casinos "selling losing")

Of course, all of us tell people that we only play full pay games and
win. Have you ever met anyone who tells you they play a lot
and lose? Everyone who goes to Las Vegas talks about winning, not
losing. And you "suits" love it when they do! Players are not
supplementing their retirement playing FPVP. Here's a little
secret. Players don't want to face the truth. They don't want to
know how much they lose, so they simply pretend to win. We are being
entertained and enjoy a hobby at a very reasonable cost. You aren't
making much money off of us but you are making money from us. In
fact, the vast majority of VP players lose money playing full pay
games. The vast majority of players participate in other gaming
opportunities, which provide a higher return to the casino. You
(casinos) can and do take that money to the bank every day.

In Las Vegas you have something called competition, which does not
exist, in other venues. Vegas casinos can't seem to perfect the art
of collusion that goes on in Atlantic City, Tunica, Biloxi and
Bossier City. Therefore, if you offer ONLY house advantage games, you
are going to lose players, both visitors and locals to those places
that have better games in their inventory. This situation is going
to get worse for you as time goes on. The media, computers and the
Internet in particular, are making ALL players, including visitors,
more informed about gaming percentages.

In conclusion, there are some who constantly preach that casino
executives read VP newsgroups and we must be careful what we say
about advantage players and positive return games. I say hogwash.
We all lose. Some of us simply lose at a much slower pace. In
the long run we all lose more than we win. And while it's true that
casino "suits" monitor these sites, so do thousands of players who
stay away from venues that give the player a ZERO "chance to win".
In these difficult economic times, you "suits" need to rethink your
business plan if you want to see more green and less red in your
bottom line.

            THIS IS THE UNDENIABLE TRUTH ABOUT VIDEO POKER

                            Rastis P. Rulz
                          
                http://groups.yahoo.com/group/vp-heaven/

I imagine copies of this post will find their way tomorrow morning
into the mailbox of every casino manager across the country.

- H.

Ain't that the truth? Well said.
   Most gamblers say "I'm about even or maybe a little behind." Unless you keep honest records of every play, you're kidding yourself into thinking that. VERY FEW gamblers keep such records, and delude themselves accordingly. The casinos are happy to accommodate them.
   Even people on this board (myself included) post much more about their wins than about their losses. (If IRS agents are lurking, please keep that in mind.)
   The only place I've heard big losers admit to their losses is at the few GA meetings I've been privileged to attend.

Elaine
Have you ever met anyone who tells you they play a lot
and lose? Everyone who goes to Las Vegas talks about winning, not
losing. And you "suits" love it when they do! Players are not
supplementing their retirement playing FPVP. Here's a little
secret. Players don't want to face the truth. They don't want to
know how much they lose, so they simply pretend to win. We are being
entertained and enjoy a hobby at a very reasonable cost.

···

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They don't call it marketing "against" a target group fer nothin'.

lb

I'll let you in on some inside information. In another lifetime, I knew
someone very well who worked as a special agent for the IRS. He used to say
that the biggest laugh at IRS was when taxpayers did not offset there W2g's
with losses. Everyone at the IRS knew you couldn't win gambling, and fully
expected all winnings to be offset with losses. I laugh when I read all the
posts about how you have to keep meticulous records for the IRS. The last
thing you are going to have a problem with during an IRS audit is offsetting
gambling earnings unless you file as a professional or won the Megabucks.

  Rasti$Rulz
                               January 1, 2005
                    Countdown to retirement- 22 months
                 http://groups.yahoo.com/group/vp-heaven

···

----- Original Message -----
From: "Elaine Rose" <atlanticcityrose@yahoo.com>
To: <vpFREE@yahoogroups.com>
Sent: Friday, February 21, 2003 4:39 PM
Subject: Re: [vpFREE] Casino Executives: Please Read This Post

   Ain't that the truth? Well said.
   Most gamblers say "I'm about even or maybe a little behind." Unless you

keep honest records of every play, you're kidding yourself into thinking
that. VERY FEW gamblers keep such records, and delude themselves
accordingly. The casinos are happy to accommodate them.

   Even people on this board (myself included) post much more about their

wins than about their losses. (If IRS agents are lurking, please keep that
in mind.)

   The only place I've heard big losers admit to their losses is at the

few GA meetings I've been privileged to attend.

How true
david k

···

----- Original Message -----
  From: Video Poker Vegas
  To: vpFREE@yahoogroups.com
  Sent: Friday, February 21, 2003 5:50 PM
  Subject: Re: [vpFREE] Casino Executives: Please Read This Post: IRS can skip it

  I'll let you in on some inside information. In another lifetime, I knew
  someone very well who worked as a special agent for the IRS. He used to say
  that the biggest laugh at IRS was when taxpayers did not offset there W2g's
  with losses. Everyone at the IRS knew you couldn't win gambling, and fully
  expected all winnings to be offset with losses. I laugh when I read all the
  posts about how you have to keep meticulous records for the IRS. The last
  thing you are going to have a problem with during an IRS audit is offsetting
  gambling earnings unless you file as a professional or won the Megabucks.

    Rasti$Rulz
                                 January 1, 2005
                      Countdown to retirement- 22 months
                   http://groups.yahoo.com/group/vp-heaven

  ----- Original Message -----
  From: "Elaine Rose" <atlanticcityrose@yahoo.com>
  To: <vpFREE@yahoogroups.com>
  Sent: Friday, February 21, 2003 4:39 PM
  Subject: Re: [vpFREE] Casino Executives: Please Read This Post

  >
  > Ain't that the truth? Well said.
  > Most gamblers say "I'm about even or maybe a little behind." Unless you
  keep honest records of every play, you're kidding yourself into thinking
  that. VERY FEW gamblers keep such records, and delude themselves
  accordingly. The casinos are happy to accommodate them.
  > Even people on this board (myself included) post much more about their
  wins than about their losses. (If IRS agents are lurking, please keep that
  in mind.)
  > The only place I've heard big losers admit to their losses is at the
  few GA meetings I've been privileged to attend.

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