regnis, what exactly is a "pick six" anyway? When you said "$44k at the track" that's all I could see from then on.
regnis, what exactly is a "pick six" anyway? When you said "$44k at the track" that's all I could see from then on.
Pick six -- pick the winners of six races. Very popular bet at racetracks on the east coast.
There are 2 different types of pick 6 wagers. The first, that most race tracks have, is a block of 6 consecutive races. Before the first race of that block of 6 races, you must pick the winners of all six races. You can, of course, use as few or as many horses in each race as you desire. For you mathematicians, if there are ten horses in each race, the cost is simply multiplication--10x10x10 etc. So you have to be more exact in your selections. In this type of pick 6, any or all players that have all 6 winners split the pot.
The Pick 6 that I won is different, in that if more than one person has all 6 winners, there is a small consolation payable to them, but the pot continues to roll over until there is only 1 winner. Now in the late winter early spring, this grew to 3 million at gulfstream park. Monmouth doesn't get that kind of handle to grow like that. So I was the only one to have all 6 winners that day and got the total pool.
Andrew Beyer, one of the most renowned writers in the horse racing industry, calls it the worst bet there is because of the fact that if there are multiple winners you get so little. In that respect, he would be the Arci of horse racing. In the spring, while chasing the 3 million, I hit 13,000, 12,000, and several 8 and 10,000 consolations when I had 6 but was not the only one having 6. So with those and this 44, I am happy to make what, mathematically, is a bad bet.
This is where horse racing is better than casino gambling---I am playing against other gamblers, most of whom are idiots, rather than against the house. So regardless of what the house take is, I am still at an advantage. Of course, believe me, there are plenty of days when I don't have a winner and plenty of losses between the wins. But---wait for it-----loss limits and win goals help to a great extent.
You bring back memories of when my frat brothers and I would go off to Vernon Downs near Syracuse and "box" certain trifectas and perfectas. We got clobbered when Canonero lost the Belmont Stakes.
I had $360 of free play at Harrah's Rincon on Saturday and after dinner with the wife I took off and got to the casino at 11:30pm... with a half hour to spare to download the free play onto my favorite $2 machine. I did okay on that machine playing Aces and Faces and turned my $360 of free play into $1100 which is when I cashed out and decided to use some of it playing on a $5 Aces and Faces machine. I set a "stop loss" so that I would leave the casino with at least $500. But I never got that low. I hit quad aces when the last available credits were played. (See the first picture.)
I had a few more quads that did not require a W2G and also lost a lot but now I had a stop loss of $1,000 and then I got quad aces #2. (See the second photo.)
My stop-loss was now up to $1500 when... yes... quad Aces #3. (See the third photo.)
But look at the third photo carefully. Would this have been $20,000 if I were playing ACE$ BONUS?? Are the Aces in the correct order? The floorperson and I checked the "info screens" on the Ace$ Bonus game but we couldn't find which Ace was the A, the C, the E and S.
With the third quad Aces I raised my stop loss to $2,500 and I took a few hundred dollars from the machine and decided to play a little Double Double Bonus because the progressive was up to $27,000+. I did not hit the royal, but I got quad Kings for $1250 (no photo, didn't bother) and then just a few hands later small quads with a kicker for $4,000.
I came home with $8,500 after playing a few hundred dollars at $2 Royal Aces Bonus just to satisfy a bug about playing that game. I actually got quad 5s ($500) and quad 4s ($800) but that game goes through credits very quickly.
I called it quits and made sure that I came home with $8500. Actually, my "win goal" for leaving was really $8,000 and I had another $500 to play with but it's going towards the wife tax.
And you'll notice none of the so-called "AP's" are saying a thing about this, because it simply does not fit their "play on and on and on until fatigue sets in rather than to set win and loss goals" scenario. In fact, NONE of them could even PLAY at the level you showed with your pictures--not even Frank playing with other people's money, because those type of "winning slugs" are all hype and no action.
That wife tax is a life saverOriginally Posted by Alan Mendelson
I had $360 of free play at Harrah's Rincon on Saturday and after dinner with the wife I took off and got to the casino at 11:30pm... with a half hour to spare to download the free play onto my favorite $2 machine. I did okay on that machine playing Aces and Faces and turned my $360 of free play into $1100 which is when I cashed out and decided to use some of it playing on a $5 Aces and Faces machine. I set a "stop loss" so that I would leave the casino with at least $500. But I never got that low. I hit quad aces when the last available credits were played. (See the first picture.)
I had a few more quads that did not require a W2G and also lost a lot but now I had a stop loss of $1,000 and then I got quad aces #2. (See the second photo.)
My stop-loss was now up to $1500 when... yes... quad Aces #3. (See the third photo.)
But look at the third photo carefully. Would this have been $20,000 if I were playing ACE$ BONUS?? Are the Aces in the correct order? The floorperson and I checked the "info screens" on the Ace$ Bonus game but we couldn't find which Ace was the A, the C, the E and S.
With the third quad Aces I raised my stop loss to $2,500 and I took a few hundred dollars from the machine and decided to play a little Double Double Bonus because the progressive was up to $27,000+. I did not hit the royal, but I got quad Kings for $1250 (no photo, didn't bother) and then just a few hands later small quads with a kicker for $4,000.
I came home with $8,500 after playing a few hundred dollars at $2 Royal Aces Bonus just to satisfy a bug about playing that game. I actually got quad 5s ($500) and quad 4s ($800) but that game goes through credits very quickly.
I called it quits and made sure that I came home with $8500. Actually, my "win goal" for leaving was really $8,000 and I had another $500 to play with but it's going towards the wife tax.
Sweet win, Alan! It looks like you are doing well on the VP side of things. Are you currently on the plus side on VP this year so far?
I don't count chickens before... there is still a long time left in this year.Originally Posted by Max A Million
Nice job (no Not Jacks or Better LOL) Alan. My wife and I were also there Saturday night playing off our free play. We were at your Aces and Faces game
from about 10pm until about 3am. Sorry I didn't see you. I also had a decent night. I played at the $2 level and came home about $700 ahead and my
wife played at the 50 cent level and came home about $200 ahead. It sure makes the trip better when she wins. Happy wife- Happy life. We like the fact
the Aces and Faces are in the NON Smoking area. Where is the $5 Aces and Faces? Is it in the Hi Limit room?
Blue Skies,
Jim
Yes, Jim, the $5 Aces and Faces are in the high limit room, on the same group of machines where the $5 progressive games are, but the first four machines are only DDB and the Game Kings have the Aces and Faces.
The $2 Aces and Faces machine I play is in the non-smoking area. By the way, I usually play in the row with the game numbered 3116. Machine 3116 is my favorite machine -- hit a $1 royal on it, and I see royals on that machine all the time. Last week another gentleman was on it when I arrived and he was being paid on a 50-cent royal.
This happened Saturday, June 15, at Caesars. $2 Bonus Poker, 7/5 Pay Table. Dealt KQ hearts. I had $1,000 of free play on this trip, and this is where I played it.
So, as I expected Alan returned to Caesars much sooner than he suggested. This relates to the issue of win goals. I've said before that if win goals reduce ones play on negative machines then they might be useful. However, if they instead lead players to return more quickly then the one possible advantage evaporates and one might argue they are worse than worthless, they will lead to more losses over time.
BTW, congrats on another royal.
That was Royal #6 on the year:
$5 Royals (2) one at Caesars, one at Rincon
$2 Royal (1) Caesars
$1 Royal (2) Rincon
25-cent Royal (1) Rincon
The reason I went back this past weekend had nothing to do with win goals, loss limits or any thing in between. I had a $500 shopping spree, plus $1,000 of free play, plus I had a Father's Day event in town. But if you want to hear a whacky story, here it is:
Friday afternoon on the way to Caesars I took a "detour" and went south to Rincon where I swiped my card on any slot machine and got a "bonus" of $410 comp dollars. I took the detour to have $410 comp dollars to use at Caesars. I estimated the cost of the detour at about $20 for gas. I also found that I had $140 of free play, which I played on my usual 8/5 Aces and Faces $2 machine and I hit quad aces for $800 plus some other wins and I cashed out $1050. I immediately raised my "loss limit" to $800 and played the $250 on the $5 Aces and Faces game and hit a straight flush right away for $1250. I pocketed $1240 (tipped $10) and played down the remaining credits to zero and left for Vegas. The detour at Rincon that cost me $20 of gas got me $2040 of cash plus $410 comps from the promotion for the day, plus some other comp dollars/points for the small amount of play I put in.
And I won't tell you about the two quad aces at Caesars on Saturday... that would be too much for a recreational player to have.
Alan, you are experiencing a good run. That leads to a desire to play more, admit it. When you win you are more inclined to return to a casino sooner. If you were losing you might not have thought the time and effort were worth it.
Here's another story. Since they took out my positive game I have been going to the casino twice a month to collect my freeplay. It costs me about $15 for gas to get an average of around $300. I play it through once and so far I haven't had a single quad. We all experience the variance of the game, both good and bad. Don't get confused by variance.
That's true Arc, and I am able to return to the casino more often for recreational play because by "quitting when ahead" I have more recreational dollars available.
Congratulations AGAIN Alan! More negative EV winning & profiting? Another in-your-face to the AP's?
I've only got time for this one post so I'll make it quick. I saw the genius claim good fortune makes you want to play more often, and you intelligently responded with useful words of wisdom that he'll be hard-pressed to find an answer for on the Internet. To further debunk his nonsense, after all the profiting I've been doing AND POSTING PICTURES OF in the past 3 or more months, I wonder how it can possibly be that I just stopped playing until early July!Are the AP's ripping their hair out over this ability, or are they going to divorce court or the Dr. offices and local pharmacies much too much to get a handle on reality?
Win goals: What an AP looks for after seeing half his financial life and all of his emotional life--or most of his psychological life and all of his retirement life--suddenly disintegrated before his very eyes.
Life is good....for some
See you in a few weeks!
Alan, didn't you have to get ahead first? To get ahead don't you have to beat the ER? How can this be done continually on a random game?Originally Posted by Alan Mendelson
Yes, Arc, my actual return was greater than the expected return. I was playing Bonus and Aces and Faces and both have an expected return of a bit more than 99%. In my case, my actual return was.... well, it was huge.
You'll have to deal with it, Arc.
No Alan, I don't have to deal with it. It doesn't affect me in the slightest. However, you appear to be in denial that you could ever lose. Maybe I should retrieve some of your old posts on LVA where you continually whined about not hitting royals.
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