WEBVTT

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Good afternoon. You're listening to Gambling
with an Edge. Now here are your

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host, Bob d Answer and Richard
Lunchkin. Good afternoon, Welcome to Gambling

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with an Edge, John, Bob
Answer, and I'm Richard Lunchkin. Today

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is another mailback show. Richard and
I are answering questions from you submitted via

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several sources. First question, I
have a question for Bob. I'm a

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lot hustler while I get some okay
mailers from my local shops. The amount

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I earned from positive games absolutely dwarfs
the amount I earned from mailer's cashback comps.

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It's probably a ninety eight percent to
two cents split for me personally,

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ninety eight from playing positive state games
and two percent from comps. Here's my

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question in your EIGHTP careers, what
percentage your income roughly was split between positive

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EV games and casino comps? Bob? Could you answer the question in two

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parts? When I was playing primarily
VP and now he's gotten into ap slots,

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I'm quickly interested in this percentage now
that he's playing slots. All right,

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this has changed over the years.
Back in nineteen ninety six, Treasure

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Island, Mirage and others on the
Las Vegas Strip offered a point six seven

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cash back on ninety six Jackson Better
Video Poker. That's ninety nine and a

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half percent game. This gives players
almost point two off the top. Monthly

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promotions where they gave away hundreds of
thousands of dollars to invited guests who earn

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tickets starting Thursday midnight to the seven
pm Saturday drawing for about fifteen thousand dollars

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coin in, which was less than
one hour on a five dollars machine,

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you got full RFB. You could
delay your Sunday checkout until eight pm or

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so, which extended your RFB status
until then. The MGM Grand had a

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bigger slot club. Venetian and Golden
Nugget were in the mix as well.

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There was one of these events almost
every weekend with a cash ev around two

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thousand dollars per weekend per player per
casino b with some players eight five hundred

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dollars meals every night. Sometimes it
was a slot tournament giving away the money

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so you didn't have to be there
for the party afterwards to collect your prices.

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That way, you could participate in
more than one event per weekend.

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I hadn't played the Caesar's property at
that time, simply because I didn't have

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enough time. Back then, it
was fairly rare for video poker players to

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be kicked out or restricted from casino. This golden age of video poker promotions

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lasted for me anyway until two thousand
and one, when I was reading from

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all MGM properties, which you had
bought half the properties on the strip by

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then. Gradually all the slot clubs
began to pay less, and you sometimes

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got mailers in the mail, and
it became common for winning players to be

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shown the door or restricted in one
or more ways. The games themselves for

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high denominations anyway, we're almost never
in excess one hundred percent, so you

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needed the slot club in various promotions
to be in excess. There were several

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years when I was down one hundred
thousand or so on the machines, but

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it had three or four hundred thousand
in cash back promotions and drawings. My

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million dollars year. By luck,
I was they had more than five hundred

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thousand on the machines. That happened
exactly one year. It's primarily at ninety

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nine and a half percent games,
plus there was all the other stuff when

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we played at the MGM Grand their
awards were bigger. In addition to this,

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we were able to monetize a whole
lot of rooms. Meals, fight,

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choke, if it's, et cetera. I couldn't tell you what percentage

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came from the games or what percentage
came from the other If I had to

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come open the number, I'd say
maybe if our average total was one hundred

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percent, the video poker turned out
to be a minus twenty five percent,

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and the other stuff was worth a
positive one hundred and twenty five percent,

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which gave us their totals video poker. A couple decades later, the games

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are tighter, slot clubs are smaller. They still have drawings and promotions,

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and mailers are a part of the
mix. There's a lot fewer full time

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video poker professionals, simply because they
aren't as welcome as they used to be

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and the good conditions don't exist anymore. There used to be a whole slew

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of quarter full payd deuces wild players
who can make ten dollars an hour or

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so, which will nicely supplement their
many care or requirement checks. Not so

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many of those anymore. Is that
game has largely disappeared from Las Vegas,

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and so far as slots go today, I'm probably not the best one to

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ask. Many of the casinos that
restricted me from playing video poker years ago

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are not interested in removing those restrictions. And when I play slots, so

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a lot of places I get no
manners at all. I can still play

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without a card, and so the
vast majority of my sloting can plush from

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the games, not the benefits.
Yeah. Yeah, for me, it's

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like, you know, ninety nine
percent the games, and I mean the

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vast majority of my playing has been
without a card, you know. I

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mean, first of all, in
the old days there was no card,

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and then since the whole slot club
thing, for the most part, I

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avoided it. There were a couple
of years in the late nineties where I

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was specifically playing four comps, and
that was back in the day when you

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know, you could earn ten thousand
dollars for the Tyson tickets they gave you,

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or many of the casinos were giving
you airfare reimbursements, so you know,

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you could get go in and pick
up a few thousand just in airline

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tickets or whatever. But still,
as I say, I would guess ninety

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nine percent of it is over the
table, and you know, maybe one

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percent is stuff casino. Maybe even
less than one percent is stuff I got

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from comps. All right, let's
move on. Question asked. I've heard

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Bob say in the path how New
York state video poker machines are different from

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other states. I was hoping you
could explain the difference. Okay, I

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haven't played in New York, so
this is secondhand. As I understand that

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the rosinos in New York, which
are the ones associated with a racetrack,

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there are special state approved measures where
the games have a fixed payout. The

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game may look like the ninety nine
percent game based on the pay schedule,

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but the random number generator isn't random
in the way that most games are random,

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where every unseen card has an equal
chance of appearing. The games are

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fixed so the players will receive ninety
three percent or whatever it is set out.

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As I understand that video poker casinos
not at race track to New York

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are not subject to the same regulation. Right, I believe Washington is the

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same way. Yeah, well,
yeah, it's it's not random, but

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I don't think it's random in the
same way I don't think it's and but

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I think the rules in Washington are
different than the rules in New York.

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Okay, now give a question for
Richard. Casinos have been battling card counters

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for decades, even resorting to illegal
measures to keep them from playing. Why

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don't casinos just utilize CSMs across the
board. Not only would it speed up

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the game, but also make card
counting useless. Recreational players wouldn't care,

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and non recreational players aren't the type
of customers the casino wants. Anyway,

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seemed like a simple way to avoid
the unpleasant legal confrontations associated with barring or

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limited aps. Well, that is
what's happened in many European casinos. That

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is exactly what they've done in Vegas
and in the United States. I mean,

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it's simple economics. They tried it
here in Las Vegas, and they

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found that the players just didn't play
as much, so their revenue went down.

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So they resorted to eight decades with
lousy cuts and six to five on

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blackjack. But for there for some
players, they do not like playing against

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the continuous shuffling machines, so the
casinos took a lot of them out Okay,

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next question, how do you evaluate
the return of the mailer on top

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of the return of video poker games. Assume you get one hundred dollars free

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play per day for the whole month. You discount the whole three thousand dollars

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mailer by like twenty to thirty percent, since you could miss some of the

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days to pick up the free play. Okay, there are casinos where you

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can earn nice mailers, but if
you pick them up, it drives down

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your daily theoretical to low levels and
you don't get any more mailers at such

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places. It really only makes sense
to pick up the mailer when I'm planning.

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I'm playing anyway. Another way to
do it is to make one big

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play earning the mailers, and then
pick up all the mailers with no future

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play. If in your exam ample, you might get daily one hundred dollars

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for months, daily twenty dollars for
the next month, then twenty dollars weekly

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for the third month, you wait
another month, and then you give them

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another big play, creating a new
sun of mailers. This works in some

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places, not at all. I
only count the mailers if I pick up

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if I'm playing ninety six jacks.
It takes twenty thousand dollars coin in approximately

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to lose one hundred dollars in ev
you don't mention what else comes along in

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the mix. Do you get slock
club benefits? Are there a double or

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triple points some of the times or
their drawings? If you play a million

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dollars coin in for the year,
do you get a car lease? Whatever?

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The mailer is just part of the
mix. You have to consider everything,

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but the mailer pickup and the play
are not really edible because economists call

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the first a stock amount, meaning
it's fixed, and the second is a

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flow aunt that is one hundred dollars. However, many times you pick them

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up, they're all hundred dollars.
But whether you play nothing or play a

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ton, it's still one hundred.
The nine six jacks is a game that

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bleeds off round numbers an average of
fifty dollars of loss per ten thousand dollars

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coin in less, but the slot
club pays. If anything, if you

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play more, you lose more.
If you say I'm going to play twenty

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five thousand dollars coin in every time
I show up, well, that translates

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to about one hundred and five dollars
lost ev wise in the slot. Let's

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the slot club return and now the
one twenty five for the play and the

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plus one hundred the the mailer are
adible, but until you commit to playing

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a specific amount, they're not.
Next question, My wife and I play

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together and switch off periodically without changing
whose slot club card is being used?

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Question? Is it important to always
pull my card and have her insert her

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card when we change positions? Can
they refuse to pay if she wins when

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my card is in? But I'm
sitting there just watching. An Indian casino

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here in Florida was a little mad
about it ten years back when my wife

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hit a twenty thousand dollars royal and
my card was in, but they did

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pay. Okay, different casinos have
different rules. I do play on Bonny's

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card, usually was her sitting right
next to me. If I'm going to

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be getting a lot of wpg's onto
play, I also checked with the slot

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director first. I don't want an
after the fact problem. Next question,

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I have a question regarding slot machines. Can the casino adjust the machines so

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that the bonus payback is less but
the line pay is more so the machine

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is still paying out let's say eighty
seven percent, but the line hits are

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bigger than the bonus payoffs. And
in my local casino, that Buffalo Diamond

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doesn't pay as much as it used
to during the three and four X bonuses,

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but lots more line pay It's possible
that casino noticed the game is beatable

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and made changes. My answer might
be a difference without a distinction, though

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the casinos cannot do that. The
program that runs the slot machine is locked

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up and isn't accessible to the casinos. But the ca machine manufacturers can certainly

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do this, and they do.
The manufacturers can offer different versions of the

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same game. The casino can choose
version to install at their casino. More

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likely, manufacturers come out with different
releases. If version one point zero wasn't

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performing the way the casinos like,
the manufacturers will come up with version two

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point zero, which is addresses what
the casino casinos issues were. The games

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can look the same, but they're
not. Sometimes it's hard to tell the

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different. Sometimes sharp plays can notice
that this is version one and that one

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version two, and sometimes you can't
tell them tell you just see your results.

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Next question, I'm as Caesar's Diamond
plus member. Working my way to

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maintain that status for next year.
I've never been to Reno, and I

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thought i'd give the Silver Legacy a
try. I have a host and I

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think I'd like to book a room
through her. I'm finding the best flight

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to leave Rena would be late in
the evening, and I was wondering if

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you think or no, it's poor
formed a book a room through the following

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day, but check out a day
early so that I have a room to

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relax in if I need it before
my evening flight. Do you think checking

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out a day early in this fashion
for my convenience will be problematic for me

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or my host? What would you
do when you have a late flight?

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Well, I've done what you're suggesting
several times. The only difference is that

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I asked the host what's the best
way to handle it. Sometimes they want

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me to send a tech such as
check me out a room one, two,

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three, four, and they'll do
it. If there's any type of

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problem with doing that at this particular
property, they'll say something like, we'll

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do this once for you, but
try not to do it in the future

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because of blah blah blah and if
that happens, you make plans for your

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next trip accordingly, but do it
openly and tell them why, and usually

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the host will work with you.
I mean. The other thing is,

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how do they know that you left
early? Right? If you if you

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have a late flight and you stay
in the room, or you keep the

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room until you know five PM and
then just you know, pull the cover

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down on the bed and leave.
Nobody knows that you're not there until the

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next day, and they don't know
that you didn't stay there. Yeah,

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there are times so that you would
like to check out and say, uh,

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send this to my host before you
use my reward credits to pay for

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the pay for the balance, something
like that. And if if they check

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you out the next day, they
just automatically will charge your credit card or

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whatever they want without sometimes seeing that
you wanted to do a host review.

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Got ye, all right? Can
you discuss prenups for aps? Well,

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I've had not a lawyer and have
no legal advice on the subject. It

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does doesn't strike me the prenups for
aps are inherently different from prenups for any

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other professional Richard, do you have
a prenup? No? I don't,

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and and uh, I, to
my knowledge, I don't know anybody.

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I mean, you're the first person
I just turned say that you had a

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prenup. But prior to hearing that, I don't think I knew any apes

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that had a prenup. So,
but I agree, I don't know why

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it would be any different for an
apum than anybody else. Um. So

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I don't know that I have any
advice here, but let's let me wallow

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in this a little bit. UM. When I married Shirley back in the

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mid nineties, I had considerably considerably
more wealth than she did, and both

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of us had a history of more
than one divorce. So I was I

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didn't want a situation where I say
I do three months later she changes her

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mind and and walks away with half
my assets. So I didn't and so

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I said no. So with her
I set up a deal so that basically,

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if she stays married to me for
ten years, she gets fifty percent,

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Nine years she gets forty five percent, six years she gets thirty percent.

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You know, two years she gets
ten percent of the combined wealth.

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So so if she's going to be
there for the long term, well then

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00:18:32.400 --> 00:18:37.480
fine, she gets half debs and
we stayed together seventeen years, and we

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00:18:40.000 --> 00:18:44.960
our property settlement took us about a
half hour, and what didn't involve lawyers,

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00:18:44.680 --> 00:18:51.160
and so the exact wording of the
prenup wasn't really critical. It was

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00:18:52.000 --> 00:18:55.039
it'd been together long enough that we
both knew that it was going to be

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fifty fifty and we could either do
it quickly or pay lawyers to take a

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lot of money. So that was
the form where that we used. I

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don't know that I recommend that anybody
else, and everybody everybody's situation is different.

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Next question. A couple of casinos
at my local market now allow players

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to use cell phones at will,
even while sitting and playing hands at the

224
00:19:22.559 --> 00:19:26.519
black check table. The only restriction
is you can't point it directly at the

225
00:19:26.559 --> 00:19:30.640
table, but you can look at
tech check scores, etcetera. As much

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as you want without leaving the table
or backing away. I'm new to the

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card counting ap world, so it
wasn't around the casino environment when cell phones

228
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became commonplace. I've always been curious
how big a risk somebody using a cell

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at the table really is and why
casinos make a big deal about him.

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00:19:49.240 --> 00:19:53.319
It would seem that if a casino
suspected somebody is cheating using a phone,

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it would be pretty easy to zoom
in on a suspected phone and confirm if

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the player was using for anything nefarious. By making players stand up and back

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away, they are losing hands and
the player could be gambling. And if

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00:20:08.039 --> 00:20:14.200
someone was cheating, why wouldn't making
them stand up and step away? Why

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would that make any difference? Am
I just oblivious to easy cheating scandals?

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Or is this just another case the
casinos costing themselves money due to paranoia?

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Richard, you have any thoughts on
that? Yeah, you're You're exactly right.

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The casinos did it because they are
paranoid and stupid. And you know,

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00:20:37.160 --> 00:20:42.200
a smart casino puts chargers at the
table to keep people there. You

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00:20:42.279 --> 00:20:48.200
want to encourage people to take selfies
in your casino, not tell them they're

241
00:20:48.200 --> 00:20:53.599
not allowed to photograph, and the
casino it's all just stupidity. You're right.

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00:20:53.680 --> 00:20:56.480
You want to keep the players there
as long as possible. You don't

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00:20:56.480 --> 00:21:00.799
want them to have to step away
and get out of hands. I mean,

244
00:21:00.440 --> 00:21:04.279
you know a lot of aps use
this to their advantage. When they

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00:21:04.359 --> 00:21:08.079
don't want to be playing, they
can get up and you know, talk

246
00:21:08.119 --> 00:21:11.920
on their phone or check their texts
so they can avoid playing when they don't

247
00:21:11.960 --> 00:21:17.160
want to. So you hit the
nail on the head. They do it

248
00:21:17.160 --> 00:21:22.000
because they're paranoid and stupid. And
by the way, if somebody was cheating

249
00:21:22.039 --> 00:21:25.759
in some way using a cell phone, they're a pretty bad cheat. I

250
00:21:25.799 --> 00:21:30.640
mean, it would be pretty obvious
that that's what they were doing. Well

251
00:21:30.680 --> 00:21:40.160
what it un necessarily there could be
codes from somebody away from the table and

252
00:21:40.240 --> 00:21:49.079
that relate to your phone that nobody
else would could read. Well, I

253
00:21:49.119 --> 00:21:55.799
mean, would that be cheating?
If I get a text from somebody who

254
00:21:56.440 --> 00:22:00.519
I don't know what are what are
they doing that that my phone is now

255
00:22:00.559 --> 00:22:06.279
just a device to receive a text, it's not a you know what I

256
00:22:06.279 --> 00:22:11.640
mean? And for you to get
a text that would be crucial in the

257
00:22:11.680 --> 00:22:17.160
middle of a hand as opposed to
I don't know, I'm thinking more.

258
00:22:17.279 --> 00:22:19.519
You know. The kind of stuff
that I would hear pit bosses say is

259
00:22:19.960 --> 00:22:25.039
that you know, people could use
the phone to count card somehow. Well,

260
00:22:25.079 --> 00:22:30.079
okay, but counting, I mean
using using a computer to count cards

261
00:22:30.119 --> 00:22:33.599
on a multiple deck game with a
lousy cut is pointless. You can do

262
00:22:33.640 --> 00:22:38.079
the same thing in your head.
I mean, you gain almost nothing using

263
00:22:38.119 --> 00:22:44.119
a computer in that way, and
the idea of using a cell phone,

264
00:22:45.279 --> 00:22:48.039
I don't know. You're gonna put
it, you know, angle it somewhere

265
00:22:48.240 --> 00:22:52.079
down on the table where the camera
is low enough that you somehow are going

266
00:22:52.119 --> 00:22:56.039
to see the dealer's whole card.
Well, that would be pretty obvious to

267
00:22:56.240 --> 00:23:02.319
anybody there that that's what you were
trying to do. So I don't know

268
00:23:02.519 --> 00:23:08.119
it. Just I think the risks
are minimal. Okay, next question,

269
00:23:08.160 --> 00:23:11.920
I can't seem to win a casino
drawing, even when I have thousands of

270
00:23:12.039 --> 00:23:17.680
entries. I don't live close enough
to a casino to be able to do

271
00:23:17.720 --> 00:23:22.519
it every to go every day.
Is it worth my time even trying to

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00:23:22.519 --> 00:23:26.039
earn entries or is it just bad
luck that I haven't won one? Is

273
00:23:26.039 --> 00:23:32.839
it even possible to win with just
one entry? I'm especially suspect of electronic

274
00:23:33.039 --> 00:23:41.519
entrance and how they can be manipulated. Well, I address this quite a

275
00:23:41.519 --> 00:23:52.359
bit in my in my weekly blog. The general rules on this are the

276
00:23:52.519 --> 00:23:57.119
kind of drawings that suit your play. If you are a big player,

277
00:23:57.559 --> 00:24:04.000
then picked drawings where the more entries
you have, the better your chances are

278
00:24:04.920 --> 00:24:11.160
if you're a small player, pick
drawings where everybody gets exactly one ticket or

279
00:24:11.759 --> 00:24:18.920
some such. If you're a big
player, you don't want drawings where everyone

280
00:24:18.000 --> 00:24:25.640
gets free entries. If everyone gets
free entries, it it makes it a

281
00:24:25.640 --> 00:24:30.519
crapshoot, and being a big player
doesn't help you any So different drawings have

282
00:24:30.799 --> 00:24:41.160
different strategies. Drawings have been very
lucrative to me over the years, not

283
00:24:41.359 --> 00:24:49.240
so much recently, but they still
do okay. Next question, how easy

284
00:24:49.319 --> 00:24:52.920
is it to get a casino in
America, particularly Vegas, to play to

285
00:24:53.039 --> 00:24:57.960
pay a slot ticket as a bank
transfer as opposed to cash. I'm not

286
00:24:59.079 --> 00:25:03.559
tying hand paid territory more say six
hundred dollars to one thousand and accumulated winnings

287
00:25:03.599 --> 00:25:12.400
throughout a session. I have never
tried that. I am thinking that would

288
00:25:12.440 --> 00:25:22.240
be tough, especially since you can
easily put six one bills into a machine,

289
00:25:22.519 --> 00:25:26.799
hit the cashop button, and now
you have the ticket you're talking about,

290
00:25:26.359 --> 00:25:32.400
and asking for a check for that
ticket. Most casinos would not be

291
00:25:32.519 --> 00:25:40.319
interested in doing that for reasons of
money laundering. Well, and he's not

292
00:25:40.359 --> 00:25:44.039
even asking for a check, he's
asking for a bank transfer. I can't

293
00:25:44.039 --> 00:25:48.160
imagine a casino doing that. I
mean, I don't think they want to

294
00:25:48.680 --> 00:25:53.160
wire money for you to your bank, unless like you're a credit player and

295
00:25:53.200 --> 00:26:00.559
you wired it in. But yeah, you'd be better off having a friend

296
00:26:02.079 --> 00:26:06.440
you give him the money and he
then mos it to you that goes directly

297
00:26:06.440 --> 00:26:12.640
into your bank or zell whatever.
Hi next question, as a non United

298
00:26:12.680 --> 00:26:19.799
States resident obviously aware of the ten
thousand dollars limit for taking cash road in

299
00:26:19.880 --> 00:26:23.559
your experience, is it best to
tell them in advance that you have the

300
00:26:23.640 --> 00:26:30.079
ten thousand dollars on your person.
If you don't tell some countries in advance

301
00:26:30.200 --> 00:26:33.440
and they finally cash on you,
they will see the entire amount, not

302
00:26:33.480 --> 00:26:40.599
just the additional amount from the ten
thousand Richard, Yeah, no, that

303
00:26:40.799 --> 00:26:47.119
you're correct. So if you're leaving
the United States with more than ten thousand

304
00:26:47.200 --> 00:26:51.079
dollars or entering with more than ten
thousand dollars, you have to declare it

305
00:26:51.640 --> 00:26:55.920
now. When you're coming in,
it's not a problem. You have a

306
00:26:56.039 --> 00:27:00.079
customs form and there's a thing right
there on there that asks how much money

307
00:27:00.079 --> 00:27:04.000
are you carrying? And you can
declare it, and that's not a problem.

308
00:27:04.359 --> 00:27:11.720
The problem is when you're leaving the
country because nobody in the freaking airport

309
00:27:11.920 --> 00:27:15.319
knows who you're supposed to report it
to, and you can run around trying

310
00:27:15.359 --> 00:27:21.279
to find the office or whoever is
in charge of that, and sometimes it

311
00:27:21.440 --> 00:27:26.119
is a real hassle trying to find
whoever it is you're supposed to report it

312
00:27:26.119 --> 00:27:30.359
to, and nobody knows. They
don't know anything about it, mainly because

313
00:27:30.440 --> 00:27:37.039
it's so rare that it happens that
none of the airport employees know. You

314
00:27:37.079 --> 00:27:44.519
know. One idea might be to
call customs before your flight and say,

315
00:27:44.640 --> 00:27:48.119
hey, this is the airport I'm
flying out of. I'm leaving with more

316
00:27:48.119 --> 00:27:52.960
than ten thousand dollars in cash,
where specifically in the airport can I go,

317
00:27:52.960 --> 00:27:56.680
you know, fill out the form
or do whatever I need to do

318
00:27:56.039 --> 00:28:03.000
to declare it. On a related
subject, do if you're flying to another

319
00:28:03.079 --> 00:28:07.839
country and you try to leave that
country with more than you brought in,

320
00:28:08.839 --> 00:28:15.680
is that a problem only if they
have currency restrictions. So yeah, and

321
00:28:15.880 --> 00:28:21.000
so when I played in Korea,
they had currency restrictions. You were not

322
00:28:21.119 --> 00:28:26.319
allowed to bring out more than ten
thousand dollars other than money you had brought

323
00:28:26.359 --> 00:28:30.160
in, So you would declare when
you came into the country. I'm coming

324
00:28:30.160 --> 00:28:33.640
with this much cash, you were
allowed to take that much cash out.

325
00:28:33.759 --> 00:28:37.279
Other than that, you were allowed
to take up to ten thousand dollars.

326
00:28:37.640 --> 00:28:42.400
Same thing in Poland they had currency
restrictions now and now these things may have

327
00:28:42.519 --> 00:28:47.279
changed. I mean the last time
I was in Poland was like nineteen ninety

328
00:28:47.359 --> 00:28:52.160
so. But yeah, so you
just have to check if the particular country

329
00:28:52.519 --> 00:28:56.200
has currency resort and if to do
and you have more than that, you

330
00:28:56.279 --> 00:29:00.920
have to find another some way to
get it out. Yeah, then you

331
00:29:00.960 --> 00:29:06.319
have to get creative, all right. Next question, I count cards,

332
00:29:06.960 --> 00:29:11.400
but play rated with a very modest
bet spread, getting most of my value

333
00:29:11.440 --> 00:29:18.599
from the comps generated. Recently,
I had a lucky session and now have

334
00:29:18.720 --> 00:29:22.960
been flat betted. I can still
play earn comps, but if I spread,

335
00:29:23.039 --> 00:29:27.480
I fear I'll be eighty six.
Any suggestions on how to get this

336
00:29:27.559 --> 00:29:33.319
flat betting restriction lifted, Richard,
No, I don't think you can.

337
00:29:36.240 --> 00:29:41.720
Yeah, I don't think you'll be
able to get it lifted, and trying

338
00:29:41.799 --> 00:29:48.119
to get it lifted may do more
harm than good. So maybe you're in

339
00:29:48.160 --> 00:29:52.440
an area that only has a single
casino. But if not, maybe try

340
00:29:52.480 --> 00:29:56.799
one of the other casinos, and
if they if the comps are particularly good,

341
00:29:56.839 --> 00:30:00.559
I mean, if you're getting cash
comps and things like that, well

342
00:30:00.599 --> 00:30:07.759
then flat betting you may still have
an advantage, you know. I mean

343
00:30:07.799 --> 00:30:12.039
you can walk away from negative shoes, go to the bathroom or change tables

344
00:30:12.160 --> 00:30:18.079
or whatever. But um, but
as far as getting it changed, I

345
00:30:18.559 --> 00:30:22.000
doubt it. Oh. Now,
wait one other thing. I mean,

346
00:30:22.400 --> 00:30:26.480
oh, no, you said they
might bar you, so because I was

347
00:30:26.519 --> 00:30:30.559
thinking in Missouri or Atlantic City they
sometimes flatbtch you and they're not allowed to

348
00:30:30.599 --> 00:30:36.079
bar you. So you know,
you can just Oh but you're playing on

349
00:30:36.119 --> 00:30:37.839
a card, so they're going to
know who you are and that you've been

350
00:30:37.839 --> 00:30:47.079
flatbet Yeah. So suspect the listen
won't like your answer, Richard. That's

351
00:30:47.119 --> 00:30:52.319
the way it goes. Next questions
for me, is a strategy for Deuce's

352
00:30:52.359 --> 00:30:57.559
wild double double bonus available? Can
it be figured out with the video poker

353
00:30:57.559 --> 00:31:03.519
for winners? And I do not
have that strategy, and it cannot be

354
00:31:03.599 --> 00:31:08.799
calculated using video poker for winners,
which doesn't work for most people. Now

355
00:31:08.880 --> 00:31:19.279
anyway, good luck. The cannot
be calculated using win poker either. You

356
00:31:19.279 --> 00:31:25.359
would have to write your own software. Now, I looked up what Michael

357
00:31:25.440 --> 00:31:32.880
Shackelford said on that particular game,
and he found a couple versions of it

358
00:31:33.759 --> 00:31:41.039
for returns of ninety eight percent and
lower in some other state. And so

359
00:31:41.119 --> 00:31:45.880
if that's the game to me,
it would be no reason to learn it,

360
00:31:45.000 --> 00:31:49.240
because even if he did learn in
its own and ninety eight percent game,

361
00:31:52.279 --> 00:31:55.559
possibly higher returning games or somewhere,
but I have not seen them in

362
00:31:55.680 --> 00:32:04.440
Vegas. All right, high I
got my first royal flush on five deuces

363
00:32:04.519 --> 00:32:09.599
while I held two cards. I've
been catched a photo. My question is

364
00:32:09.640 --> 00:32:15.400
this, I'm fairly sure I made
the right play induces, but what are

365
00:32:15.400 --> 00:32:20.640
the actual odds of me hitting a
royal holding two cards? I usually grind

366
00:32:20.680 --> 00:32:23.960
on the hired denominations. It was
a little upset that it finally happened on

367
00:32:24.079 --> 00:32:30.759
Nickels, nevertheless, and thrilled to
get the monkey off my back. Okay,

368
00:32:30.799 --> 00:32:35.279
so you sent a picture showing you're
playing in ninety seven point six percent

369
00:32:35.480 --> 00:32:39.160
game. Why on earth would you
send a picture of such a bad game

370
00:32:39.200 --> 00:32:45.839
to a show that's about gambling with
an edge? Drawing three cards and connecting

371
00:32:45.960 --> 00:32:50.519
is one in sixteen thousand round numbers
you're playing triple play, though, so

372
00:32:50.599 --> 00:32:55.519
the odds aren't nearly that long since
you have three pops at it. As

373
00:32:55.559 --> 00:33:00.240
long as you've been playing such terrible
games, you better stay at Nichols because

374
00:33:00.240 --> 00:33:01.759
when you go to hire, do
you know I'm You're gonna lose your shirt?

375
00:33:04.160 --> 00:33:09.400
Game selection is a lot more important
than just playing The Royals will come

376
00:33:10.240 --> 00:33:16.160
next question. On my last trip
to Vegas, I discovered three way action

377
00:33:16.319 --> 00:33:22.119
video poker in Palaestation and I loved
it. There were only a few machines

378
00:33:22.119 --> 00:33:24.079
on the floor and most of them
were used at all hours to day and

379
00:33:24.240 --> 00:33:29.839
night. I went to VP three
two to see if I could look if

380
00:33:29.920 --> 00:33:35.400
other machines. Didn't find any The
game seems popular enough with at least some

381
00:33:35.480 --> 00:33:38.759
people. Why aren't there more of
them around? Also? Do you know

382
00:33:38.799 --> 00:33:45.960
where I can find the game in
Vegas? Okay? Poker has been around

383
00:33:45.960 --> 00:33:50.920
for more than twenty five years.
A friend who check told me twenty years

384
00:33:50.920 --> 00:33:55.000
ago that there were no paced schedules
returning more than nine plus. The quick

385
00:33:55.079 --> 00:34:01.720
strategy isn't always obvious, so I
never study the game because I didn't have

386
00:34:01.720 --> 00:34:06.359
a strategy and I didn't want to
play a game that tip anyway. I

387
00:34:06.480 --> 00:34:10.159
have seen it for low denominations at
the Gold Coast, maybe a year ago.

388
00:34:10.239 --> 00:34:14.920
I don't know if it's still there. I certainly haven't done a server

389
00:34:15.159 --> 00:34:24.599
that VP free two generally deals with
games returning more so that's another reason they

390
00:34:24.599 --> 00:34:31.000
would not be listed on that site. But if you if you ask on

391
00:34:31.159 --> 00:34:36.559
VP free, wouldn't wouldn't that be
a place where he might find an answer

392
00:34:36.599 --> 00:34:45.719
to that question. There are video
poker chat rooms. VP free has a

393
00:34:45.960 --> 00:34:53.920
chat room. Wizard of Vegas allows
for video poker questions. Video Poker for

394
00:34:54.039 --> 00:35:00.000
Winners has a chat for him,
so you could certainly post your questions to

395
00:35:00.119 --> 00:35:05.159
those places. I don't think you're
going to get any usable answer, though.

396
00:35:05.960 --> 00:35:15.119
Okay, the Plaza in downtown Las
Vegas has seventy five dollars match play

397
00:35:15.159 --> 00:35:22.239
per day for Bengo. This seems
like an obvious ap move, but it

398
00:35:22.320 --> 00:35:28.239
seems strange that the place would you
be able to advise if there's a catch

399
00:35:28.280 --> 00:35:31.719
in this and not what it seems
to be. They advertisers well throughout the

400
00:35:31.760 --> 00:35:37.800
casino, and I imagine nearly everyone
in the Bengo hall is taking that promotion

401
00:35:37.679 --> 00:35:42.960
and answers yes, all players have
swiped their card get three twenty five dollars

402
00:35:42.960 --> 00:35:49.000
match play coupons. The thing is
everybody has them, and the size of

403
00:35:49.000 --> 00:35:52.800
the prizes are based on the fact
that everybody has them. I haven't gone

404
00:35:52.840 --> 00:35:58.480
into the Benga room, but this
doesn't sound like an AP move to me.

405
00:35:59.440 --> 00:36:05.360
The aps when the prices are geared, so you pay less than other

406
00:36:05.440 --> 00:36:08.599
people did. But if you're paying
the same with everybody, then it doesn't

407
00:36:08.639 --> 00:36:13.440
seem to be any advantage. All
right, We're now going to take a

408
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commercial break and we'll be back with
more questions from you, our listeners.

409
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426
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427
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428
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429
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we're back with our mailbag show. Recently,

439
00:38:52.480 --> 00:38:58.280
the World Game Protection Seminars went on. This is hosted by Willie Allison,

440
00:38:58.920 --> 00:39:02.920
who has been a guest on the
number of times according to CDC Gaming

441
00:39:02.960 --> 00:39:10.000
Reports. Sal Piacente, UH Surveillance
Expert Gaming Expert was one of the guests,

442
00:39:10.639 --> 00:39:15.719
and he's quoted as saying advantage players
don't want to cheat and aren't doing

443
00:39:15.800 --> 00:39:22.000
anything illegal, but instead you use
their minds to beat the game, whether

444
00:39:22.280 --> 00:39:25.840
watching to see if a dealer exposes
a whole card, or by card counting.

445
00:39:27.880 --> 00:39:32.039
M Richard, do you agree with
that? Assessment. Uh well yeah,

446
00:39:32.400 --> 00:39:38.360
um. And and I was fortunate
enough the day that article came out,

447
00:39:38.400 --> 00:39:45.719
I spent the afternoon with Sal and
a few other magicians including uh Matt

448
00:39:45.760 --> 00:39:52.559
Franco and fantastic magician named Charlie Fry. And but when I saw a Sal,

449
00:39:52.719 --> 00:39:58.440
I said, uh, you know, I really appreciate the fact that

450
00:39:58.480 --> 00:40:05.599
you pointed out in the article that
you know, card counting and advantage play

451
00:40:05.679 --> 00:40:08.480
is not cheating. And you know, he said he wanted to be really

452
00:40:08.519 --> 00:40:16.199
clear because so we get lumped in
with cheaters so often. So anyway,

453
00:40:16.320 --> 00:40:22.039
I appreciated what he was saying and
that he made a point to do that.

454
00:40:22.119 --> 00:40:24.239
So Sal's a great guy. We've
tried to get him on the show

455
00:40:24.360 --> 00:40:29.920
a number of times. He always
seems to be too busy, So one

456
00:40:29.960 --> 00:40:36.320
of these days we'll have him on. And and I'm not so sure about

457
00:40:36.360 --> 00:40:44.159
that statement. For every thousand apiece, you'll have a thousand different definitions of

458
00:40:44.280 --> 00:40:49.760
what exactly is cheating and what isn't. Like I've been cheated by an ap

459
00:40:49.880 --> 00:40:55.159
I've been stiffed in my writings.
I've confessed to some not quite kosher moves

460
00:40:55.199 --> 00:41:00.519
along the way along my journey.
Some people have taken be except into some

461
00:41:00.559 --> 00:41:06.599
of the things that I said that
I've done. M Richard once told me

462
00:41:06.679 --> 00:41:10.320
about a famous AP that Richard said, he likes the guy, but he

463
00:41:10.360 --> 00:41:14.800
would never do business with that guy. He just would not trust him to

464
00:41:14.880 --> 00:41:22.400
be a good business partner. Um. The idea that aps never cheat,

465
00:41:22.639 --> 00:41:28.719
I think is a bunch of hooie. Some do some don't. You know.

466
00:41:29.000 --> 00:41:35.000
You can have a you know,
say taxes. Um. If two

467
00:41:35.079 --> 00:41:42.320
aps or just watching a football game
and they made a hundred dollar bet at

468
00:41:42.320 --> 00:41:44.559
the end of the game, they
paid it, one of them, one

469
00:41:44.559 --> 00:41:51.199
of them paid Uh, that is
a taxable event. Um. I think

470
00:41:51.239 --> 00:41:54.039
the odds are really strong that there
were no taxes paid on that event.

471
00:41:54.679 --> 00:42:01.519
Nope. UM. On all cash
phase businesses, of which gambling frequently is,

472
00:42:04.480 --> 00:42:08.239
taxes get short changed. Gamblers are, whether AP or not, are

473
00:42:09.960 --> 00:42:15.360
or in that mix, they will
frequently cheat in that way. To me,

474
00:42:15.480 --> 00:42:22.159
there's a very big distinction between people
who cheat on their taxes and cheating

475
00:42:22.199 --> 00:42:28.440
in casinos. And to me,
a lot of people use the word cheat

476
00:42:28.760 --> 00:42:36.320
when what they mean is unethical.
But when I talk about cheating in the

477
00:42:36.440 --> 00:42:43.800
context of players in a casino,
I'm talking about the legal definition of and

478
00:42:43.920 --> 00:42:49.920
to me, advantage players are people
who take money from casinos without breaking the

479
00:42:50.079 --> 00:42:55.800
law. So I'm not talking about
whether they cheated on their taxes by not

480
00:42:55.920 --> 00:43:01.480
declaring one hundred dollars football bets.
And when they write these articles about the

481
00:43:01.559 --> 00:43:08.119
people playing in casinos, they lump
advantage players who are not cheating in the

482
00:43:08.159 --> 00:43:14.440
casino with people who are cheating in
the gino. And that's what so many

483
00:43:14.519 --> 00:43:19.480
of us object to. Okay,
I'm let me give you one word.

484
00:43:19.760 --> 00:43:24.000
Let me give you one more example. I hear people say if you if

485
00:43:24.039 --> 00:43:29.119
you see the dealer's whole card and
play, that that is cheating. Well,

486
00:43:29.159 --> 00:43:32.239
no, the Supreme Court has ruled
that that is not cheating. What

487
00:43:32.280 --> 00:43:38.239
they mean is they find it unethical, which is fine, everybody chooses their

488
00:43:38.280 --> 00:43:44.679
own ethics. But it but it
is not cheating. Well, the whole

489
00:43:44.719 --> 00:43:52.199
carding. The most famous whole parting
case is as Einbinder, where the judges

490
00:43:52.280 --> 00:43:55.320
basically say, if the dealer is
gonna show you the card, you you

491
00:43:55.320 --> 00:44:01.719
know you're allowed to use that information. But in in a tribal casino in

492
00:44:01.840 --> 00:44:08.280
Michigan, that was ruled as cheating. So it's the same in fraction as

493
00:44:08.320 --> 00:44:15.480
it were, but different jurisdictions have
different definitions of cheating, so sometimes there's

494
00:44:15.519 --> 00:44:20.639
no big agreement. A similar case
maybe would be the Phil Ivy, Kelly's

495
00:44:20.719 --> 00:44:29.880
son. Most players felt that what
Ivy and Son were doing was perfectly legal.

496
00:44:29.960 --> 00:44:37.159
It was kind of seducing the UH
the casino into going along with what

497
00:44:37.239 --> 00:44:44.119
they wanted because the casinos were greedy
and wanted to win. And it turned

498
00:44:44.119 --> 00:44:49.320
out that the courts didn't agree with
that. The courts made Ivy and Son

499
00:44:49.519 --> 00:44:54.079
pay right, but they did say
they The judge did say they were not

500
00:44:54.360 --> 00:45:00.360
cheating. The judge in London did
say that. I don't think the judge

501
00:45:00.400 --> 00:45:07.400
in Atlantic City said that, But
they did make Kelly and Son or Ivy

502
00:45:07.480 --> 00:45:14.719
and Son reimburse the casinos in one
case give the money back. Another case,

503
00:45:15.719 --> 00:45:22.800
the casino never paid him to start
with the yeah. So so like

504
00:45:22.880 --> 00:45:29.960
there was no big no clear definition
of what is what was cheating or what

505
00:45:30.159 --> 00:45:37.079
is not cheating in that particular case
and different players, I don't think necessary

506
00:45:37.159 --> 00:45:43.719
now, and my saying all apes
cheat absolutely not. Some of My best

507
00:45:43.760 --> 00:45:47.360
friends are aps, and I trust
them as much as I can trust anybody

508
00:45:49.119 --> 00:45:52.800
I have a partner with whom we
share and if he says he lost eight

509
00:45:52.880 --> 00:45:57.320
hundred dollars today, well and I
accept one hundred percent that he lost eight

510
00:45:57.400 --> 00:46:00.800
hundred dollars today and I have to
pay my share of that. So I

511
00:46:00.800 --> 00:46:06.639
don't have any problem with that.
But some just because you're an AP doesn't

512
00:46:06.679 --> 00:46:12.880
mean you're always doing things legally.
So a statement that aps do things legally,

513
00:46:13.440 --> 00:46:19.039
I think, well, some do, so don't and it isn't necessarily

514
00:46:20.440 --> 00:46:23.599
And saying just because I'm an AP
that means they don't cheat. I don't

515
00:46:23.599 --> 00:46:28.960
think that's a fair statement. Well, we'll have to agree to disagree,

516
00:46:30.320 --> 00:46:37.119
okay, and I suspect I will
get hate mail, but that well story

517
00:46:37.159 --> 00:46:42.880
in my life. At the end
of our show, we have recommended sections.

518
00:46:43.559 --> 00:46:49.159
So Richard, do you have recommended
for our listeners. Yeah, I'm

519
00:46:49.159 --> 00:46:58.039
watching a new show called Waco and
it's about the whole Waco debacle back in

520
00:46:58.639 --> 00:47:02.280
Texas with the Branch division in compound. Only two episodes have come out.

521
00:47:02.360 --> 00:47:08.599
It's it's really excellent, really really
interesting. Uh huh. So the massacre

522
00:47:08.679 --> 00:47:14.559
hasn't happened yet, No, not
even close. It's it's the very beginnings

523
00:47:14.559 --> 00:47:17.320
of it. And I mean it
just it just makes it clear, like

524
00:47:17.719 --> 00:47:25.760
how screwed up the FBI, uh
and the UM I forgot the other organization,

525
00:47:25.840 --> 00:47:30.320
but how screwed up they were.
The whole thing was just I mean.

526
00:47:30.599 --> 00:47:36.440
The series actually starts at Ruby Ridge, which was another you know debacle.

527
00:47:37.039 --> 00:47:40.239
Oh it was the ATF and the
ATF and the and the FBI are

528
00:47:40.360 --> 00:47:45.119
kind of, you know, blaming
each other whenever things went wrong. And

529
00:47:46.079 --> 00:47:52.360
uh, it's it's infuriating watching it. But but but really well done,

530
00:47:52.360 --> 00:47:59.280
well acted, and really interesting.
I believe it's on showtime. So my

531
00:47:59.480 --> 00:48:05.000
recommend is going to be another book
by David Baldacci. I've been rereading or

532
00:48:05.000 --> 00:48:09.000
re listening to these books, all
of which I listened to years ago.

533
00:48:09.800 --> 00:48:16.199
The most recent one that I really
struck me is called The Collectors. It

534
00:48:16.400 --> 00:48:25.079
is the second book in the Camel
Club series. The Camel Club is about

535
00:48:25.320 --> 00:48:36.639
four bodballs living in Washington, DC
who helps solve big things. And The

536
00:48:36.719 --> 00:48:40.400
Collectors, which is the second one
in that series, introduce a female con

537
00:48:42.199 --> 00:48:47.280
who is very very good, and
so she goes to her cons and so,

538
00:48:47.360 --> 00:48:52.960
several of which are described in great
detail before she hooks up with the

539
00:48:53.000 --> 00:48:59.400
other members of the Camel Club.
I found it quite interesting and very enjoyable.

540
00:48:59.400 --> 00:49:05.880
It's The Collects by David Baldacci.
We welcome your questions at Gambling with

541
00:49:05.960 --> 00:49:09.880
an Edge at gmail dot com or
send them to Richard or me individually via

542
00:49:10.000 --> 00:49:17.199
email. Richards on Twitter, so
send them there at our WM twenty one

543
00:49:17.280 --> 00:49:21.559
and yeah, you'll notice this episode
is a little bit shorter. That's because

544
00:49:21.559 --> 00:49:27.000
we ran out of questions, so
definitely send send them in, all right,

545
00:49:27.199 --> 00:49:30.440
thank you very much. Richard brought
and hit lots of royal flushes everybody.

546
00:49:31.039 --> 00:49:32.320
Good day.

