Dancer writes: << It's actually 98.37% [the royal flush-averse strategy] --- which is quite a bit less than around 99%. Still, it's a valid consideration. one reason to use this strategy is if you are picking up free play for somebody else while playing for stakes that would generate a W2G for a royal. ...If you had a "lot" of free play (say $1,000 or more) to pick up and didn't have an hour's time to play it off on quarters, using this strategy on a $1 or $2 denomination might be a "mostly safe" alternative. >>
The easier way to deal with this problem is for the person picking up the free play to play video blackjack. That game has no possibility whatsoever of generating a tax report. The VBJ rules in most casinos tend to be pretty bad, but rarely have a return much worse than playing a royal flush-averse VP strategy. You can play VBJ for as many dollars a hand as you please, and get it done very fast. The much lower variance of VBJ can be attractive, too. And if the person picking up the free play isn't a skilled VP player, he can probably learn quickly to play the VBJ a lot more accurately.
You know, just because you think of yourself as a VP player doesn't mean that's the ONLY game you can ever play. 