Bob, my understanding is that 1) bounceback is based on daily average,
and 2) you've had a continuing relationship with the Palms as a
consultant. I use as reference previous articles in Strictly Slots for
which both you and your business partner Jeff Compton write for.
To discuss (1) briefly, the theos are the lowest I've seen in any
casino. Essentially, take the maximum payout and subtact .5% and there
you go (although the NSUD appears to be even less-only about .67%).
The short lived 10-6 DDB (and Paladin regrettably didn't get a chance
to play it) in high limit was 1.5% and that was assuming the game was
9-6, although DDB is one of the easiest games to play.
I'm actually interested in your response to (2) because it seems, for
better or worse, when the Palms takes restrictive action against VP
players, the logic is better thought out than normal, like a
consultant of AP level talent would think. Moreover, the policies tend
to protect very high end players (despite your protestations to the
contrary), while eliminating profitable situations for the remainder.
Without this being meant as an attack, it appears to many of us that
your game has long been not to be the biggest star in the VP horizon,
but the only one. It's something a lot of APs try, but I've seen this
more with blackjack players than with machine players. Then again, the
Vegas VP culture is, as you have noted previously in your column,
Darwinian. By the contrast, the AC VP culture is significantly more
cooperative, but then again, there are fewer pros and the plays are
generally more everyday type as opposed to something special or a
mistake.
You remind me a little bit of a superstar LA blackjack pro who tried
to parlay his exploits to Hollywood, both in the AP sense and in the
business sense. The Hollywood side died on Jerry Bruckheimer's desk,
the business side, which was employing him as a hedge fund trader
never really took off. Although we'll see how televised blackjack
does, being an AP and having media access generally do not go
together-larger and better connected names have tried and failed. I
mean, the AP by nature must be stealthy, you just don't walk into a
casino and declare, "I've got the best of it and I can prove it!" Not
good if you're trying to take the money out and leave them laughing.
Which is kind of the reason I'm here. Because guys like you cost me
money. There is nothing more hated in our world than a guy who can't
keep his mouth shut, and we both know that.
You see, your idol, Stanford Wong, cost me several hundred thou by his
insisting on educating the blackjack masses. Trouble was, the only
people who really Got It were the casino suits who were Green and
occaisonally Black Chip members on his site. Stanford always made more
money writing then actually playing, of which he had virtually no clue
regarding casino comportment. I mean, if you're going to rat out VP to
the other side, which is what Compton-Dancer essentially does, I'm
hoping you at least get paid well for it, although it takes no genius
to tell a casino to offer NSUD and .25% cb. Because it makes no sense
otherwise. Not a bad thought, but I wonder about the execution.
Frankly, I really think you didn't think it through when MGM bounced
you. I mean, you got more than your EV, you won well over half a
million when the smoke cleared, what did you expect them to do? I
mean, you weren't the only casualty, consider how many suits got
bounced for letting you play, and consider how many got bounced for
the brilliant idea of pulling MGM's advertising from Casino Player
because they wouldn't fire you, which of course only cost them money
as well. Protecting a slot machine is significantly simpler than
protecting a table game, although it amazes me how many casinos have
trouble doing either. But I'd like the information flow to remain that
way, thanks.
Getting back to the Palms, it seems to me the only people who have a
long term expectation there are the half dozen or so pros who play
NSUD in high limit. I know the play(s), and won't rat them out here,
that's not my business nor my style. I will say this much though: nice
work if you can get it.
···
--- In vpFREE@yahoogroups.com, "Bob Dancer" <bob.dancer@...> wrote:
It may soon take $1,000,000 a month at the Palms for the top mailer.
This puts these mailers out of reach for most, and many players will
decide that it is no longer a smart place for them to play. So be it.
Every winning player continually makes these kinds of assessments and
adjustments. If enough players cut back drastically because of this (as
I did when they stopped letting NSU players participate in promotions),
the casino may or may not make adjustments in order to bring those
players back in. It's a very dynamic game with both the casino and the
players constantly making adjustments. Both casinos and players are very
greedy and wish to make a profit. You don't have to like this, but
that's the way the game is played.
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