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Was a craps degen, now video poker questionable high roller TR 4/21-4/24 Was a craps degen, now video poker questionable high roller TR 4/21-4/24

05-15-2016 , 11:16 AM
Quote:
Originally Posted by djatcbbq
Caesers Palace is extremely quick with their jackpots if you play in high limit. Somebody comes over, keys the machine, writes some info, and materializes quickly with cash. They don't even count it out, I'm guessing because they deal with very high payouts (50K+) daily. I hit a $1 royal and they just pretty much threw the money at me lol. Didn't even stick around for a tip until I stopped them.

In contrast at a very low end casino I've waited 4 hours to get paid..... but then again that was a jackpot promo and everyone was waiting to get paid. They ran out of $100s and paid us in $20s and $50s.
Wow, 4 hours would tilt me to no end...

I generally don't ask them to count it out- they offer at the Wynn or my local casino. I've never had an instance where it's wrong and I know they count multiple times. They're obligated to make it right otherwise their books are wrong- too much money has the potential to kill a gambling license and they should be just as motivated to make sure there's not too much (unaccounted for) as too little. I suppose unscrupulous employees could skim 100 or so without me noticing, but there's always two of them and again I've never had a problem.

I probably should make them count it out just to be extra-careful; way more difficult to get it fixed on the back end in case it's wrong.
Was a craps degen, now video poker questionable high roller TR 4/21-4/24 Quote
05-26-2016 , 04:58 AM
Leon, you describe TDB as high variance compared to JoB, but also say that royals occur more frequently in TDB. Since hitting a royal is incorporated into the EV that's shown on wizardofodds, etc. I wonder that in the short term where it's going to be hard to hit a royal in JoB, that if TDB might actually be lower variance wrt the published EV?
Was a craps degen, now video poker questionable high roller TR 4/21-4/24 Quote
05-26-2016 , 10:04 AM
Quote:
Originally Posted by pig4bill
Leon, you describe TDB as high variance compared to JoB, but also say that royals occur more frequently in TDB.
Did I say that? I don't remember that- maybe I said something to that effect since 4 aces w/kicker pays like a royal, so effectively you DO get a royal payout more often than JOB.

The variance in TDB is so much more than JOB b/c the frequent, small hits (two pair, three of a kind) are reduced- that matters A LOT. True, the overall EV is made up for by the increased top-end prizes, but those are rare. So TDB is a game with frequent small losses, coupled with the occasional monster hit- that is the definition of a high-variance game.
Was a craps degen, now video poker questionable high roller TR 4/21-4/24 Quote
05-26-2016 , 12:40 PM
Quote:
Originally Posted by leon
Did I say that? I don't remember that- maybe I said something to that effect since 4 aces w/kicker pays like a royal, so effectively you DO get a royal payout more often than JOB.
No, you're right.

Quote:
The variance in TDB is so much more than JOB b/c the frequent, small hits (two pair, three of a kind) are reduced- that matters A LOT. True, the overall EV is made up for by the increased top-end prizes, but those are rare. So TDB is a game with frequent small losses, coupled with the occasional monster hit- that is the definition of a high-variance game.
The more I think about it, since a royal only happens once in a bazillion in JoB, the EV with or without royals is probably close to the same in the short run.
Was a craps degen, now video poker questionable high roller TR 4/21-4/24 Quote
06-10-2016 , 03:28 PM
Leon, could I ask a favour? Would you mind posting the link to your craps trip report that you mentioned before? The mobile search function isn't great on 2+2 and I haven't had my personal computer for a while (long story). As a low stakes craps junkie, I'd love to read it.
Was a craps degen, now video poker questionable high roller TR 4/21-4/24 Quote
06-10-2016 , 03:49 PM
Quote:
Originally Posted by xJTFx
Leon, could I ask a favour? Would you mind posting the link to your craps trip report that you mentioned before? The mobile search function isn't great on 2+2 and I haven't had my personal computer for a while (long story). As a low stakes craps junkie, I'd love to read it.
The link is below, but the TR may not be worth much b/c I deleted the pics on imgur without knowing it would affect them here. I was proactively trying to "make room" on my imgur account- didn't need to do it, but now it's too late.

http://forumserver.twoplustwo.com/10...-help-1432918/
Was a craps degen, now video poker questionable high roller TR 4/21-4/24 Quote
06-11-2016 , 05:51 PM
Super. Thanks for providing it. I'm halfway through.
Was a craps degen, now video poker questionable high roller TR 4/21-4/24 Quote
06-14-2016 , 08:12 PM


Nice little hit at MGM Grand Detroit.
$20 investment, playing max bet and hit this beauty within my first 5 minutes.


Sent from my iPhone using Tapatalk
Was a craps degen, now video poker questionable high roller TR 4/21-4/24 Quote
06-14-2016 , 08:13 PM
Quote:
Originally Posted by Eri_manga


Nice little hit at MGM Grand Detroit.
$20 investment, playing max bet and hit this beauty within my first 5 minutes.


Sent from my iPhone using Tapatalk
8/5 TDB? Yuck.

Sent from my VS986 using Tapatalk
Was a craps degen, now video poker questionable high roller TR 4/21-4/24 Quote
06-15-2016 , 02:35 PM
Chiming in since Leon made me lose 250 in video poker this past weekend in vegas! =(

This will def be my go to game for grinding drinks in the future

Btw, they have some pretty solid beer at the palms. I was drinking Stone IPA/Joe IPA the whole time.
Was a craps degen, now video poker questionable high roller TR 4/21-4/24 Quote

      
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