Do casino's love or hate VP players?

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olds442jetaway
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Re: Do casino's love or hate VP players?

Post by olds442jetaway »

:lol: My short answer is hate. I stay 3 nites a week at mohegan sun. My coin in is close to 2m a year. I now have 0 points i can spend. I used to carry 9k points. In 2011 they stopped paying points u can spend on 99 percent machines. They make over 50k a year on me. I never get tickets to the best shows. Cant remember the last meal comp i got. Free play is minimal and giveaways are usually worth only 20 bucks or so. I do get free rooms and buffet vouchers as well as free golf. I juSt found out today they pulled my favorite older vp machines. I know when the new ones go in they will have poor paytables. Guess i will be going back to being a nickel player momentarily. Will have just as much fun and get the 2 new cars we badly need with the money i will save.

olds442jetaway
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Post by olds442jetaway »

PS.......though tired and worn out now i know why GM stopped making saturns. Mine turned 383k miles today on the original drivetrain including the clutch. It never failed to get me up and back to the casino in the last 20 years. Limped home a couple of times but i still got there.

TheDirector
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Post by TheDirector »

olds442jetaway wrote:
Mon Nov 05, 2018 8:06 pm
I juSt found out today they pulled my favorite older vp machines.
Olds, which machines (type and location) were pulled?

paco13
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Post by paco13 »

I stopped going to MS because of their non existent appreciation for VP players. I haven't played at Resorts in AC either since it is owned by the same people and I'm guessing they don't give a ratsazz about vp players as well.

billryan
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Post by billryan »

I don't get this. The OP gets three nights a week,buffets and free golf. Not sure what else he expects.

FAA
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Post by FAA »

Olds, that's over a weekly grand in MS coffers! Quite the donation. Those pulled machines may be a blessing in disguise at that rate. The 800:1 RF machines? If so, I may not be making the hike after all.

FloridaPhil
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Post by FloridaPhil »

olds442jetaway wrote:
Mon Nov 05, 2018 8:06 pm
My coin in is close to 2m a year. I now have 0 points i can spend. I used to carry 9k points. In 2011 they stopped paying points u can spend on 99 percent machines. They make over 50k a year on me. I never get tickets to the best shows. Cant remember the last meal comp i got. Free play is minimal and giveaways are usually worth only 20 bucks or so. I do get free rooms and buffet vouchers as well as free golf. I juSt found out today they pulled my favorite older vp machines. I know when the new ones go in they will have poor paytables. Guess i will be going back to being a nickel player momentarily.
I have been battling these same issues for nearly 10 years now. We all had it good back in the day. Your day was just a little more recent.

VP is the "crack" of casino gambling. The casino hooks us, drops the pay tables and the comps then drains our bankrolls. My answer was to find a way to play VP that satisfies me without the 50K annual payment. In ten years that 50K will be $500K. Who wants to pay a casino half a million dollars to play a slot machine? If you took that $50K and put it in T-bills you would be more than $500K ahead.

For me, this means limiting my coin in. If you play today's VP like it's the year 2000 at the MGM, you will fall into their trap. No one on this forum is immune to this. Some of us will deny it. Some will say they don't want to hear it. Sooner or later we will all have to wake up to this reality.

FAA
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Post by FAA »

Salad days preceded me. I still foolishly rationalize that my great odds will keep me solvent. But even $1K/month rate is unacceptable. -$330 net trip two weeks ago and have been walking dead. I really needed $250 Straight Flush on Sunday to mentally recover. The machine kept granting FH to pique my curiosity. The third time I sat down for a quad opportunity exceeded my expectations.

FloridaPhil
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Post by FloridaPhil »

Suppose you took the $50K lost playing VP and bought $50,000 worth of ATT stock each year? Compounded after 10 years you would have at least $788,124.52. Of course you wouldn't have the fun of seeing a royal flush that cost you 10 times the amount you won. Seriously? Yes...

If you invested the same money in municipal bonds, you would pay no taxes on your earnings.

FloridaPhil
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Post by FloridaPhil »

I would like to apologize to all forum members who don't want me to say these things. They say I run off the experts. They say I ignore the math. They say I keep repeating myself. Some things need to be repeated.

Today's video poker is NOT a profit making enterprise. The more you bet or the longer you play, the more it costs you. If you find a profitable opportunity, the casino will change the rules to make it unprofitable.

Today's video poker is entertainment. There is a cost to be entertained. If you must pay $50,000 a year to be entertained, you are getting short changed by playing VP. At least find something that gives you something beside memories for your money.

Again, I am sorry if I seem negative. I'm not. I love playing VP. I play cheap and I don't lose much. If the casino reduces my free play or cuts my comps, no big loss. I have never lost $50,000 playing VP and I don't intend to any time soon. If that ever happens, I would expect my friends to tell me the truth.

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