Originally Posted by
redietz
One thing Rob's articles will accomplish is to pop the balloons of those selling their vp wares as if it makes any difference to winning and losing. I'm an AP, and I'm firmly in Frank's camp, namely that winning any serious money playing vp in Las Vegas is now a fool's errand. The only reason Dancer and Scott and others can survive is that they have special ratings that return more cash back and comps than 99.9% of normal joes and because they may indeed be getting direct rebates on losses above and beyond their cash back.
Now I can play 25-cent FPDW at the Palms for enjoyment and enough profit for dinner, and I can briefly play NSUD at the Boyd properties on multi-point senior days to eke out a profit and keep my comped nights coming, but actually playing with the intent of making any real money is a high variance, low edge nightmare.
The Dancer column wherein he got relieved of a couple thousand by a compadre demonstrates how tight things are -- Dancer flew cross country to play somewhere he'd never been with a person he hadn't met -- all to make a projected 4-5K. If he's doing great in LV, he probably doesn't make that trip.