Blackjack and Card Counting Forums - BlackjackInfo.com

  #11  
Old February 27th, 2009, 05:41 AM
FLASH1296's Avatar
FLASH1296 FLASH1296 is offline
Executive Member
 
Join Date: Oct 2007
Location: East Coast, U S A
Posts: 3,749
Send a message via ICQ to FLASH1296 Send a message via AIM to FLASH1296
Default

The tighter the pursestrings, the more people are motivated to eat "fast food"

During this economic meltdown that we are in the midst of, have you bothered to see what the effect has been on the stock of companies that deal "cut-rate"

If all of your money was invested in Walmart, you'd be smiling while others are upset about losing 1/2 of their net worth. Check out the stock history of that "dollar store" corporation. Sorry, but I cannot recall the name, no less ticker symbol.
  #12  
Old February 27th, 2009, 04:24 PM
Tarzan's Avatar
Tarzan Tarzan is offline
Executive Member
 
Join Date: Oct 2007
Location: Atlantic City
Posts: 576
Default Point of reference

The point of reference I ran into was Canadian "video lottery terminals" which pay out 74% and found no specifics on payouts of PA. I don't know what the exact payout is for PA "video lottery terminals" and only know that the payouts on these devices on the whole is considerably less than a standard slot machine according to the information I ran across.

Last edited by Tarzan; February 27th, 2009 at 04:26 PM.
  #13  
Old February 27th, 2009, 05:06 PM
pieinthesky's Avatar
pieinthesky pieinthesky is offline
Senior Member
 
Join Date: Jul 2007
Location: Northeast
Posts: 106
Default VLT payouts in NY

In NY, the VLTs pay about 92%. The big ripoff is that the video poker games (some sporting 9/6 pay tables for Jacks or Better) pay the same 92% regardless of how they are played, and no one is told that they are not real video poker machines. Here's the scoop: http://www.albanylaw.edu/media/user/...ideo_poker.pdf
For regular slot players, I'm not sure the 92% represents a bad deal, when travel time and other factors are taken into account. For video poker players, having your money disappear 16 times faster than it would on a properly-played "real" full-pay machine represents a terrible deal by any standard.
  #14  
Old February 27th, 2009, 06:57 PM
FLASH1296's Avatar
FLASH1296 FLASH1296 is offline
Executive Member
 
Join Date: Oct 2007
Location: East Coast, U S A
Posts: 3,749
Send a message via ICQ to FLASH1296 Send a message via AIM to FLASH1296
Default


It is a severely horrible deal - 92% return.
Real Video Poker, depending on the pay table, etc. is typically between 97.5% and 99.5%

I am the person responsible for getting the info' about the FAKE Video Poker to the
Albany Times Union, when they used it for a Front Page Sunday spread.

The public looks up Video Poker on the net and follow the advice by experts
to create an almost even game. They are being "suckered" big time.
  #15  
Old February 27th, 2009, 08:49 PM
kewljason's Avatar
kewljason kewljason is offline
Executive Member
 
Join Date: Apr 2007
Location: Las Vegas
Posts: 2,564
Default

Quote:
Originally Posted by FLASH1296 View Post

If all of your money was invested in Walmart, you'd be smiling while others are upset about losing 1/2 of their net worth. Check out the stock history of that "dollar store" corporation. Sorry, but I cannot recall the name, no less ticker symbol.
I own walmart! I'm not smiling. lol Walmart (wmt) closed at 49.24 today down 22% from september 08 close of 63.85. Dollartree (dltr) is only down about 9% from september. Both better than the dow or s&p granted, but again, losing less doesn't make me smile.
  #16  
Old February 27th, 2009, 09:35 PM
Kasi Kasi is offline
Executive Member
 
Join Date: Mar 2007
Posts: 3,119
Default

Quote:
Originally Posted by callipygian View Post
I actually got into a quasi-argument with one of my friends who really thought that all pat hands were the same, that the dealer gains nothing by hitting soft 17 and drawing 4, since his hand is "pat anyway" and that hitting soft 17 gives the dealer a "second chance to bust".
Maybe you both were right lol - the dealer will bust more often with H17 lol.
  #17  
Old February 28th, 2009, 01:19 AM
shadroch shadroch is offline
Executive Member
 
Join Date: May 2006
Location: NYC
Posts: 6,696
Default

It's not Video Poker. It's a video lottery machine. 92% is a heck of a lot better than the games people play in their local taverns. Broadway Poker, which is the only other video/slot machine that is readily available in NY has a top payout of 85%. Most bars keep the payouts at 75% or less. Unlike slot machines, Broadway poker machines can be reset at will. You can set it at 80% all week, but on Friday, when the Rubes come in flush with cash,flip a switch and its 55%.
The other thing with the VLMs is that an uneducated player with actually have a better chance on these than on the much more complicated Bonus poker games. I'm been learning Double Double Bonus and even after a month I'm still making many mistakes. A newbie would get killed playing this in a casino. Play a fake VP machine at Yonkers and you can't make a mistake. The machine corrects them for you.
  #18  
Old February 28th, 2009, 04:44 AM
Blue Efficacy Blue Efficacy is offline
Executive Member
 
Join Date: Apr 2008
Location: Tundra
Posts: 1,493
Default

Can't you throw away quads and draw another set of quads?
  #19  
Old February 28th, 2009, 12:14 PM
shadroch shadroch is offline
Executive Member
 
Join Date: May 2006
Location: NYC
Posts: 6,696
Default

Quote:
Originally Posted by Blue Efficacy View Post
Can't you throw away quads and draw another set of quads?
Exactly. The game is mistake proof.
My last trip out west, I'm playing 100 play Jacks or Better, the guy next to me is playing Double Double Bonus. He is frequently drawing two pair- a hi pair and a lo pair and keeping them. In this game two pair pays the same as a hi pair so you break them up and go for the 4OAK bonus. At $25 a pop, I figure he was blowing about $5 every time this hand came up.
Many, many newbies will bust a pair of Jacks to chase a flush, even a straight. These VLMs fix all those dumb moves.
  #20  
Old February 28th, 2009, 12:48 PM
FLASH1296's Avatar
FLASH1296 FLASH1296 is offline
Executive Member
 
Join Date: Oct 2007
Location: East Coast, U S A
Posts: 3,749
Send a message via ICQ to FLASH1296 Send a message via AIM to FLASH1296
Default

UH OH.

Careful here guys.

Mistake Proof is what they want you to believe.

If you have 2 pair and you want to promote your hand to 'trips' or 'quads' you CANNOT draw to it. If you discard a pair, it will be replaced by another pair.

Remember that under certain pay tables 2 pair is next to worthless.
 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -6. The time now is 02:03 AM.


Forum Software vBulletin®
Copyright ©2000 - 2013, Jelsoft Enterprises Ltd.
Copyright 2005-2011 Bayview Strategies LLC