RS___ and jbjb then it seems to me that you and the others should not be concerned with this thread. Thanks.
And regarding that quote from the Wizard... it was clearly one of his low points. Yes, I can't get past a die having six sides.
RS___ and jbjb then it seems to me that you and the others should not be concerned with this thread. Thanks.
And regarding that quote from the Wizard... it was clearly one of his low points. Yes, I can't get past a die having six sides.
Getting back to the thread:
That extra $75,000 of coin-in on the 8/5 Bonus Game to reach the same number of tier points, if played on the 7/5 Bonus game would be an extra $75 comp dollars.
While that would not offset the additional expected loss of the 7/5 game it shows that play on the 8/5 game with $25 per point also reduces Reward Credits.
What aboutot the $1 full pay Pick em poker Windsor has? That's 99.95% but requires $80 per tier point. Also this is in Canadian dollars.
$80 per tier point kills it. Isn't that $4 - million coin-in in US, Canadian or whatever?
If that's the case, 4,000,000 x .9995 = 3,998,000 for a cost of $2000 Canadian ($1580 U.S.). Also winnings there aren't taxed if you happen to hit the very rare royal. Obviously it'll take longer, but pick em is much faster than draw poker.
Disclaimer: I'm not suggesting anyone go out and achieve this. Just discussing the economics of doing it.
For me it's not an option for several reasons including travel and I never played the game, though it sounds attractive. Rincon used to have full pay Super Aces Bonus which I think also paid what Pick'em paid... but then the table was downgraded.
Alan: Wait a second! You get $1 in comps for every $1,000 coin-in? You made a mistake saying you need an extra $75,000 coin-in with 8/5 BP...you actually need an extra $750,000 coin-in. $500,000 for 7/5 and $1.25 million for 8/5.
So does this imply an extra $750 in comps, which negates the original $375 in savings for 7/5 BP and swings it $375 back in favor of 8/5 BP again??
Help me clarify, thanks!
I could be wrong, but I believe the donation were to keep the site up and running. Not for personal profit. No matter, he or the new owners should start a separate paid for only section like Blackjacktheforum.com does.
I agree. The websites were losing money and he couldn't support them on his own. Frankly, that surprised me. How much money did he need for his websites?
My main website www.alanbestbuys.com costs me EXACTLY $142.65 a year to operate which is what I pay my hosting company BOTH for hosting the site and for the software to run it. I post and maintain all of the content myself -- all 400+ pages of content including hundreds of videos.
This forum runs on free software but I do pay a hosting company $400 per year to host the forum and to maintain the software and operations.
Altogether my expenses are $542.65 and it's no secret that I have Google Adsense ads on my main website pages. I don't get rich from the ads but the ads do generate about $300 to $400 a month in income. So yes, my main website generates a modest profit. This forum, on the other hand, does not.
So why exactly did the Wizard need those donations for his websites? When I read about him asking for donations I suggested that he run Google ads on his sites -- but he didn't for reasons I don't know.
He needed the money because he was going broke, personally and otherwise. Remember he said he couldn't sleep at night at all because of his money woes? A stupid website wouldn't do that to someone like him. He was worried because he has a family to support. It all trickles down to that. Always.
Ugh... Alan, can I select "NONE OF THE ABOVE"???
Your premise is flawed because nobody simply shooting to earn Seven Stars (as I was earlier this year) would ever play EITHER 8/5 BP for $25/tier or 7/5 BP for $10/tier. Both are horrendous choices, with huge variance and high expected losses.
In short: It's not worth it.
If you playing VP for fun and/or the hopes of winning money, you should forget about tier points and just concentrate finding on the best paytables.
If you are playing VP to earn Seven Stars, you need to be willing to travel to Rincon, Tahoe, or New Orleans, and play the full pay $10/tier machines there. Or play that Ultimate X machine with a high return at Flamingo (I think) which still returns well over 99% and is 10%/tier.
But never, never, never try to earn Seven Stars at an 8/5 at $25/tier or 7/5 at $10/tier.
Here are two other myths I would like to dispel:
1) "You cannot be an advantage player if you are intentionally playing losing games simply to earn Seven Stars." FALSE! If you can derive more out of the Seven Stars benefits than your average expected loss, then yes, you are an advantage player.
2) "Playing 7/5 bonus may not be that bad, because it will earn you a lot of extra freeplay for your higher theoretical loss." Mostly FALSE! Believe it or not, CET is not computing theoretical properly, and you get far more credit for your theoretical loss at 99%+ machines than you should. I am not even sure you get ANY additional credit for playing machines with bad paytables like 7/5, but even if you do, the difference in your offers is likely to be negligible. This is because CET is now very frugal with offers, and is more concentrating upon your regular coin-in than trips where you run a ton of play and then don't play again for awhile. Even for regular players, comps have really dried up for VP players.
Check out my poker forum, and weekly internet radio show at http://pokerfraudalert.com
Dan, no one said you had to play Bonus at either 8/5 or 7/5 to work towards 7 Stars. I was just pointing out something that a lot of people might not realize. I happen to play Bonus almost exclusively because it gives me a chance to win some nice pots as opposed to Jacks or Better which makes you want to hit your head against the wall when you hit certain quads like AAAA.
Yes, I agree with this statement you made:
But who said this?
And while VP promos and comps have been cut, if there are extra comps given they are going to go to the players who play the games with the bigger house edge. I found that out as soon as I switched from playing DDB to Bonus/Aces and Faces at Rincon. My weekly offers tumbled from as much as $800 to where they are now at about $80.
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