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Irresponsible Journalists - Maureen O'Connor

Been trying to come up with a realistic estimate of coin in. To get $1b in W-2Gs, you have to have had a lot of wins that didn't get one. Even at triple play $25 JoB, you're still only getting one for each time you get a full house plus something else (or dealt flush or straight etc) on a $375 bet.

I have to think that to get $1b in W-2Gs, you have $3-4b in other wins and pushes, plus the losses to match the wins. Say she was playing $100 JoB, and had a dedicated employee sitting next to her writing W-2Gs for every three of a kind and up. 47.3% of her wins still wouldn't hit the threshold. She'd have $1b in W-2G wins and $906m in non-W-2G wins, plus $1.92b in losses (accounting for her net loss).

That comes to $3.497 billion in coin in. And since I doubt she was playing a game where she got a W-2g on a three of a kind, it's more likely she had $6-8 billion in coin in. If she was playing 100-play $1 JoB, she probably would have had $10b or more since very few wins would trigger the W-2G.

What kind of comps do you get for $50 million a month in play?

I bet she got more than a t-shirt and a free buffet.

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________________________________
From: Jesse Custer <clementiyn@yahoo.com>
To: "vpFREE@yahoogroups.com" <vpFREE@yahoogroups.com>
Sent: Saturday, February 16, 2013 9:22 AM
Subject: [vpFREE] Re: Irresponsible Journalists - Maureen O'Connor
  

Been trying to come up with a realistic estimate of coin in. To get $1b in W-2Gs, you have to have had a lot of wins that didn't get one. Even at triple play $25 JoB, you're still only getting one for each time you get a full house plus something else (or dealt flush or straight etc) on a $375 bet.

I have to think that to get $1b in W-2Gs, you have $3-4b in other wins and pushes, plus the losses to match the wins. Say she was playing $100 JoB, and had a dedicated employee sitting next to her writing W-2Gs for every three of a kind and up. 47.3% of her wins still wouldn't hit the threshold. She'd have $1b in W-2G wins and $906m in non-W-2G wins, plus $1.92b in losses (accounting for her net loss).

That comes to $3.497 billion in coin in. And since I doubt she was playing a game where she got a W-2g on a three of a kind, it's more likely she had $6-8 billion in coin in. If she was playing 100-play $1 JoB, she probably would have had $10b or more since very few wins would trigger the W-2G.

What kind of comps do you get for $50 million a month in play?
         
[Non-text portions of this message have been removed]

My friend observed Maureen O'Connor playing at a California Indian Casino several years ago. She had a dedicated employee sitting by her to write up W-2G's. She required a W2-G for every 2pair or better. If he recalled correctly, she was playing JOB at $1000 per hand.

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--- In vpFREE@yahoogroups.com, Jesse Custer <clementiyn@...> wrote:

Been trying to come up with a realistic estimate of coin in. To get $1b in W-2Gs, you have to have had a lot of wins that didn't get one. Even at triple play $25 JoB, you're still only getting one for each time you get a full house plus something else (or dealt flush or straight etc) on a $375 bet.

I have to think that to get $1b in W-2Gs, you have $3-4b in other wins and pushes, plus the losses to match the wins. Say she was playing $100 JoB, and had a dedicated employee sitting next to her writing W-2Gs for every three of a kind and up. 47.3% of her wins still wouldn't hit the threshold. She'd have $1b in W-2G wins and $906m in non-W-2G wins, plus $1.92b in losses (accounting for her net loss).

That comes to $3.497 billion in coin in. And since I doubt she was playing a game where she got a W-2g on a three of a kind, it's more likely she had $6-8 billion in coin in. If she was playing 100-play $1 JoB, she probably would have had $10b or more since very few wins would trigger the W-2G.

What kind of comps do you get for $50 million a month in play?

for 50 million coin in per month she should own the casino.

···

-----Original Message-----
From: Jesse Custer <clementiyn@yahoo.com>
To: vpFREE <vpFREE@yahoogroups.com>
Sent: Sat, Feb 16, 2013 11:22 am
Subject: [vpFREE] Re: Irresponsible Journalists - Maureen O'Connor

Been trying to come up with a realistic estimate of coin in. To get $1b in W-2Gs, you have to have had a lot of wins that didn't get one. Even at triple play $25 JoB, you're still only getting one for each time you get a full house plus something else (or dealt flush or straight etc) on a $375 bet.

I have to think that to get $1b in W-2Gs, you have $3-4b in other wins and pushes, plus the losses to match the wins. Say she was playing $100 JoB, and had a dedicated employee sitting next to her writing W-2Gs for every three of a kind and up. 47.3% of her wins still wouldn't hit the threshold. She'd have $1b in W-2G wins and $906m in non-W-2G wins, plus $1.92b in losses (accounting for her net loss).

That comes to $3.497 billion in coin in. And since I doubt she was playing a game where she got a W-2g on a three of a kind, it's more likely she had $6-8 billion in coin in. If she was playing 100-play $1 JoB, she probably would have had $10b or more since very few wins would trigger the W-2G.

What kind of comps do you get for $50 million a month in play?
    
[Non-text portions of this message have been removed]

Exactly. That's why no part of this story makes the least bit of sense and no journalist worthy of that description has even bothered to ask the basic three or four questions. It's like those other stories about the dice sliding and the fixed baccarat deck. Just too many holes.

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On 2/19/2013 4:46 PM, Steve Norden wrote:

for 50 million coin in per month she should own the casino.

-----Original Message-----
From: Jesse Custer clementiyn@yahoo.com <mailto:clementiyn%40yahoo.com>>
To: vpFREE vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>>
Sent: Sat, Feb 16, 2013 11:22 am
Subject: [vpFREE] Re: Irresponsible Journalists - Maureen O'Connor

Been trying to come up with a realistic estimate of coin in. To get $1b in W-2Gs, you have to have had a lot of wins that didn't get one. Even at triple play $25 JoB, you're still only getting one for each time you get a full house plus something else (or dealt flush or straight etc) on a $375 bet.

I have to think that to get $1b in W-2Gs, you have $3-4b in other wins and pushes, plus the losses to match the wins. Say she was playing $100 JoB, and had a dedicated employee sitting next to her writing W-2Gs for every three of a kind and up. 47.3% of her wins still wouldn't hit the threshold. She'd have $1b in W-2G wins and $906m in non-W-2G wins, plus $1.92b in losses (accounting for her net loss).

That comes to $3.497 billion in coin in. And since I doubt she was playing a game where she got a W-2g on a three of a kind, it's more likely she had $6-8 billion in coin in. If she was playing 100-play $1 JoB, she probably would have had $10b or more since very few wins would trigger the W-2G.

What kind of comps do you get for $50 million a month in play?

[Non-text portions of this message have been removed]