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Hans Lund was unreal, Stu Ungar was annoying (but funny)and Eskimo spent years eating a burrito Hans Lund was unreal, Stu Ungar was annoying (but funny)and Eskimo spent years eating a burrito

12-08-2015 , 09:48 PM
Quote:
Originally Posted by Larons
The people that chase these small slot edges and employ teams to monopolize the machines are no different from the women/men who do extreme couponing and the like.


The couponers prob have a better edge
Hans Lund was unreal, Stu Ungar was annoying (but funny)and Eskimo spent years eating a burrito Quote
12-09-2015 , 12:36 AM
Quote:
Originally Posted by PasswordGotHacked


The couponers prob have a better edge
I think an extreme couponer could make money flea marketing the stuff. Who in the hell needs 300 tubes of toothpaste in their house?
Hans Lund was unreal, Stu Ungar was annoying (but funny)and Eskimo spent years eating a burrito Quote
12-09-2015 , 01:23 AM
yea you can get a 100% edge on rolls of toilet paper and toothpaste or a 20% edge on tens of thousands of dollars a day. gee what would i want to do.
Hans Lund was unreal, Stu Ungar was annoying (but funny)and Eskimo spent years eating a burrito Quote
12-09-2015 , 07:24 AM
Quote:
Originally Posted by Ray Zee
yea you can get a 100% edge on rolls of toilet paper and toothpaste or a 20% edge on tens of thousands of dollars a day. gee what would i want to do.
Yeah, Ray. I guess some people don't understand the amount of money involved.
Hans Lund was unreal, Stu Ungar was annoying (but funny)and Eskimo spent years eating a burrito Quote
12-09-2015 , 07:52 AM
Quote:
Originally Posted by freestreetcommando
Yeah, Ray. I guess some people don't understand the amount of money involved.
This is what a typical royal progressive play looked like in Tuna's day. A dollar 8/5 Jacks with a 2% meter, ten machines. Tuna puts his team on it when the meter hits $12,000. The average cost to produce the royal is about $9,000. The aggressive royal strategy the team is using produces a royal about every 33,000 games. That's the cycle. With a 2% meter you will put $3,300 in the meter per cycle. So Tuna's expected earn on the play is $6,300.

What is the average time it takes to produce the royal? With ten players all cranking out 1,000 hands per hour the average time on the play is 3.3 hours.. In that situation if I bet you that the royal would hit in the next 3 hours I would have way the best of it.

Tuna always had a person out scouting for progressive plays he could send his team to once they completed a play.

I knew a poker dealer at the Colorado Belle in Laughlin who worked on Tuna's team in the late eighties. He made $8 per hour plus a $300 bonus for hitting a royal.
Hans Lund was unreal, Stu Ungar was annoying (but funny)and Eskimo spent years eating a burrito Quote
12-09-2015 , 03:31 PM
the royal machine were first discovered by myself, clone, tuna, and a few in vegas.
there was no competition at all at first on them. so we waited until the meters hit 24,000 before we started the play. you see the tourists never put the full 5 coins in so couldnt be eligible for the jackpot and just fed the meter. thats why the jackpots got so big so fast as they couldnt get hit from a tourist most of the time.
after a period of time people started getting in on the action and we all had to start at lower settings until 18000 became the norm. soon vegas crews showed up and fought to lock up the banks ahead of the reno crew. so it got down to 12000 when the lockups started. thats when it got to be too much crap. and soon most all places went to 1% meters and that cut deep into the short profits.
but the 4 genie machines stayed great. as they got real high and few could afford to play them especially if they went an extra standard deviation before hitting.
Hans Lund was unreal, Stu Ungar was annoying (but funny)and Eskimo spent years eating a burrito Quote
12-09-2015 , 04:47 PM
Quote:
Originally Posted by freestreetcommando
Yeah, Ray. I guess some people don't understand the amount of money involved.
Quote:
Originally Posted by freestreetcommando
$8 per hour plus a $300 bonus for hitting a royal.
Obviously life changing money.

I apologise for my earlier comments
Hans Lund was unreal, Stu Ungar was annoying (but funny)and Eskimo spent years eating a burrito Quote
12-09-2015 , 05:02 PM
Quote:
Originally Posted by Ray Zee
yea you can get a 100% edge on rolls of toilet paper and toothpaste or a 20% edge on tens of thousands of dollars a day. gee what would i want to do.
No money in toilet paper if everyone is solid.
Hans Lund was unreal, Stu Ungar was annoying (but funny)and Eskimo spent years eating a burrito Quote
12-09-2015 , 05:26 PM
I don't play slots so excuse any ignorance, but are the plays/promotions his crew was taking advantage of the result of casinos not knowing the math behind their offerings or do the casinos know they are loss-leaders if played properly and don't care (as long as one crew is not scooping up the excess)?
Hans Lund was unreal, Stu Ungar was annoying (but funny)and Eskimo spent years eating a burrito Quote
12-09-2015 , 06:21 PM
Quote:
Originally Posted by thethethe
No money in toilet paper if everyone is solid.
Hans Lund was unreal, Stu Ungar was annoying (but funny)and Eskimo spent years eating a burrito Quote
12-09-2015 , 06:24 PM
Quote:
Originally Posted by restorativejustice
I don't play slots so excuse any ignorance, but are the plays/promotions his crew was taking advantage of the result of casinos not knowing the math behind their offerings or do the casinos know they are loss-leaders if played properly and don't care (as long as one crew is not scooping up the excess)?
The casino is regulated by law so that a machine has to pay out no less than a certain % & the casino's do love the promo guys as they make the slots go throu the cycle faster. tourist loses reg wins, then dump's some or all in pits, repeat rinse etc. easy game for casino's.

Ray Zee had a good point that sometimes the slot would take longer to pay the royal flush, this can be caused by someone hitting a smaller win say for $500/$1000 or by someone accumaliting a lot of small wins or maybe because a slot will then pay a royal sooner the next few cycle's, sometimes on some slots you could refuse the royal by holding all cards in the 1st draw every time & doing the math you could then get 2 royals within a certain amount, this method may get the eye in the sky watching your every move. .

Last edited by smacc25; 12-09-2015 at 06:33 PM. Reason: added info.
Hans Lund was unreal, Stu Ungar was annoying (but funny)and Eskimo spent years eating a burrito Quote
12-09-2015 , 06:53 PM
Its a interesting world tbh, when you know a owner of a place that run's slots then you can play it after hrs for a small fee if a profit is to be made by working out how to play it optimally, here in the UK you could just buy/rent the slot off a company for about £100/£500 but the programs were updated fairly regular sometimes if the slot was a payer so to speak, so before you start a session wait around until you can get to know the program in it(it will tell you the program when its resetting/booting up) then call your friend & tell him to contact the operator to get the latest program & work on it over nt.
Hans Lund was unreal, Stu Ungar was annoying (but funny)and Eskimo spent years eating a burrito Quote
12-09-2015 , 07:36 PM
Quote:
Originally Posted by thethethe
No money in toilet paper if everyone is solid.
I just ate Mexican.
Hans Lund was unreal, Stu Ungar was annoying (but funny)and Eskimo spent years eating a burrito Quote
12-10-2015 , 12:45 AM
PasswordGotHacked wrote: "Obviously life changing money. I apologise for my earlier comments."

Get a clue. Tuna was the one making all the money. Not the employee's.
Hans Lund was unreal, Stu Ungar was annoying (but funny)and Eskimo spent years eating a burrito Quote
12-10-2015 , 01:09 AM
Quote:
Originally Posted by restorativejustice
I don't play slots so excuse any ignorance, but are the plays/promotions his crew was taking advantage of the result of casinos not knowing the math behind their offerings or do the casinos know they are loss-leaders if played properly and don't care (as long as one crew is not scooping up the excess)?
Marketing types, not mathematically inclined, came up with lots of promotions over the years that were easy for the pros to beat. There are too many examples to list here. But one that comes to mind is when the Tuscany opened. Shortly after they came with a promotion where you got a 100 coin bonus for all 4 card royals after the draw. And they had dollar 10/7 Double Bonus video poker out on the floor, a 100.17% game. We had over 3% the best of it. They finally disqualified the dollar denoms so we moved down to the fifty centers and beat them some more. Then they put a big sign up that said "WE GIVE UP!" They cancelled the promotion.
Hans Lund was unreal, Stu Ungar was annoying (but funny)and Eskimo spent years eating a burrito Quote
12-10-2015 , 09:47 AM
Quote:
Originally Posted by smacc25
The casino is regulated by law so that a machine has to pay out no less than a certain % & the casino's do love the promo guys as they make the slots go throu the cycle faster. tourist loses reg wins, then dump's some or all in pits, repeat rinse etc. easy game for casino's..
Smacc25, I think I may get your drift here. I've heard of certain types of slots in the UK called "compensated slots." They are specifically designed to give a pub owner a consistent income on a weekly basis. They hit the target payback percentage in the short term. The machine has a memory and if its has been overpaying it will tighten up. If it has been underpaying it will loosen up. Apparently, some of you guys have learned to read the hot and cold cycles. These type of machines are illegal in the US.
Hans Lund was unreal, Stu Ungar was annoying (but funny)and Eskimo spent years eating a burrito Quote
12-10-2015 , 10:05 AM
Wow, Ray. $24,000 royals? You were spoiled rotten. I can see how playing for a paltry $12,000 royal would disgust you. And thanks for confirming that Clone existed. Some people today think he was just a figment of someone's imagination.
Hans Lund was unreal, Stu Ungar was annoying (but funny)and Eskimo spent years eating a burrito Quote

      
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