vpFREE2 Forums

Jean Scott Tells It Like It Is...

Those of you seeking the plain truth about VP "swings" need look no
further than Post #54671.

Jean Scott's honest and straightforward admission of a $4000 loss at
10-play quarters is a sobering reminder of the importance of a proper
bankroll (Jean did say the losses were recovered later, which I was
glad to hear).

Yes, you can lose THOUSANDS of dollars playing quarters. Thank you,
Jean, for reminding people of that.

My view is that the casinos make money off two groups of people.

The first group is people who do not understand the games and play
basically for "fun", because they have no realistic long-term chance
of winning, though they might think they do.

The second group, which includes all of us, studies and practices
their "game" relentlessly. But in the casino environment, we
play "underfunded" and lose our stake before rebounding back to that
99-100% payback, as Jean did last weekend.

Bankroll, bankroll, bankroll. If that's not as important to your
strategy as those inside straight flushes and penalty cards you just
don't get what VP play is really all about.

I'm not sure, but I belive Jean was playing 10-Play Dollars. They
then switched to 100-Play Quarters.

Your points are still valid of course!

···

--- In vpFREE@yahoogroups.com, "npf125" <edifess@h...> wrote:

Those of you seeking the plain truth about VP "swings" need look no
further than Post #54671.

Jean Scott's honest and straightforward admission of a $4000 loss at
10-play quarters is a sobering reminder of the importance of a proper
bankroll (Jean did say the losses were recovered later, which I was
glad to hear).

Yes, you can lose THOUSANDS of dollars playing quarters. Thank you,
Jean, for reminding people of that.

My view is that the casinos make money off two groups of people.

The first group is people who do not understand the games and play
basically for "fun", because they have no realistic long-term chance
of winning, though they might think they do.

The second group, which includes all of us, studies and practices
their "game" relentlessly. But in the casino environment, we
play "underfunded" and lose our stake before rebounding back to that
99-100% payback, as Jean did last weekend.

Bankroll, bankroll, bankroll. If that's not as important to your
strategy as those inside straight flushes and penalty cards you just
don't get what VP play is really all about.

<<I'm not sure, but I believe Jean was playing 10-Play Dollars.>>

No, we were playing quarters on both the Ten Play and the Hundred Play.

<<Yes, you can lose THOUSANDS of dollars playing quarters.>>

So true.

problems in playing multi-line. Many players go to a multi-line machine with the same bankroll as to a single-line game of the same denomination and very soon end up in a state of shock over how fast they lost! Obviously, the higher total wager per hand is going to demand a bigger bankroll than is required on the same denomination in a single-line, i.e. a quarter player is going from $1.25 a hand to $3.75 on a Triple Play machine... Fun - This may be the most dangerous ......of all because multi-line is so exciting to play that the shiny fun side can blind a player to all the negatives we have been warning you about. This form of VP can be addictive, leading players to take leave of their former good sense. They play inferior, or even bad, pay schedules they would have never played on a single-line machine - compounding the mistake by playing three or more times the coin-in per hand. The lure of big hands (like a dealt jackpot) keeps them chasing at machines with more and more lines. They play above their bankroll and get into financial trouble, some of them for the first time in their gambling years.>>

···

From my forth-coming book: <<Bankroll - This is one of the stickiest

________________________________________
Jean $�ott - http://www.FrugalGambler.biz
  Tax time is coming up - groan! "Tax Help
   for the Frugal Gambler" can answer many
   of your questions!

Stayed on the mailed offer of RFB for two nights last midweek. Standard
hotel rooms are very large and very nice IMO. The cafe, buffet and Mexican
restaurant were good as far as the other locals casinos we have stayed in.
Didn't try the Italian or steakhouse, but would like to in the future.
Connie is the true test of food quality in our home, and she was not able to
join me until after I checked out of there due to scheduling conflicts.
Inventory notes: Verified all the info on the database and noticed that 9/5
SDB and 9/7 TDB is widely available on multiplays in .25, .50 and dollar.
There are two banks of .25 bonus deuces progressives of the 13/4 variety
(98.8) and a .25 DDB 9/5 progressive on RF and all quads with a reasonably
fast meter and another at the bar on the royal only. These two were over
break even during my stay (both were hit before I left). As a visitor, I
was reasonably pleased with my stay. Although there are better plays
elsewhere in town obviously, I would be comfortable returning to play there.
In six months, we'll see if these plays are still there and if the meters on
the progressives are turned down. Hopefully not, but I won't hold my
breath.