Found 99 percent machines at Mohegan Sun that pay points

The lighter side... playing for entertainment, less concerned about "the math."
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FloridaPhil
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Re: Found 99 percent machines at Mohegan Sun that pay points

Post by FloridaPhil »

It's not that important. Olds is going to do what he is going to do. He is not going to stop playing the way he wants just because it may cost him more. That's the whole point of Recreational play. Personally, I don't think we should be telling people casinos are beatable. I think it leads players to take risks they regret. Quarter regrets are not going to hurt anyone. $5 regrets are a lot harder to recover from.

OTABILL
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Post by OTABILL »

Good luck Olds.

olds442jetaway
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Post by olds442jetaway »

Sure enough my play busted my 500 bankroll limit today. For nearly 2 hours straight there were virtually no dealt deuces and i counted 27 straight times that 2 pair were not converted into fullhouses. Well back to the drawing board. My fall back position is just too bet the amount needed to be even if the quad deuces hit. Will see what happens in a few days.

Tedlark
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Post by Tedlark »

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FloridaPhil
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Post by FloridaPhil »

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Waiting4RF
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Post by Waiting4RF »

FloridaPhil wrote:
Mon Jan 14, 2019 8:27 am
onemoretry wrote:
Mon Jan 14, 2019 7:43 am
FloridaPhil wrote:
Mon Jan 14, 2019 3:48 am
Are you prepared to lose $200K? Why not move up to $5 machines? Our expert says they are profitable.
Your posts ...
This thread justifies gambling $25 a hand. At 500 hands an hour, that's $12,500 dollars an hour in coin in. On a bad day a player could easily lose $50,000.


Quarter regrets are not going to hurt anyone.

Phil,
You are urging players to play quarter denomination and have no regrets.
Based on your $50,000 bad day loss above, a quarter player can lose $2,500 a day and have no regrets.

FloridaPhil
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Post by FloridaPhil »

Waiting4RF wrote:
Tue Jan 15, 2019 9:00 am
Phil, You are urging players to play quarter denomination and have no regrets. Based on your $50,000 bad day loss above, a quarter player can lose $2,500 a day and have no regrets.
Olds442Jetaway reported the $50K annual loss on this forum. I hope he was exaggerating. We play single line quarter VP games with max coins (5). The largest annual loss my wife and I have had playing quarter VP has been about $5K not counting comps. Add in free play, free rooms and some food and the net cost is possibly a few thousand dollars. My golfing friends cart fees are more than that.

Some players don't care what it costs to gamble and that's fine with me. Michael Jordan reportedly plays Rock, Paper Scissors for $100K. I believe he can afford to do whatever he wants. I think paying a few thousand dollars a year to play VP is worth the cost. $50K? Not so much.

I'm not on this forum to judge what other people do with their money. That's their business. However, when a friend thinks it's a good idea to quadruple down on a $50K loss so he can earn some comps, I feel like I should speak up. What happens after that is up to him.

The Mohegan Sun gives you the choice. You can play lousy quarter pay tables with comps. You can play better quarter pay tables without comps or you can play better pay tables with dollars and above and they will treat you like a valued customer. You are more valuable to them as a dollar and above player than playing with quarters.

Waiting4RF
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Post by Waiting4RF »

Phil,
Your example statement was a $5 player can lose $50,000 on a bad day. Scale that down to a quarter player means a quarter player can lose $2,500 on a bad day. But you also said quarter players will have no regrets with their loses. So it is ok to lose $2,500 on a bad day for a quarter player. Get it?

FloridaPhil
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Post by FloridaPhil »

Waiting4RF wrote:
Tue Jan 15, 2019 10:53 am
Phil,
Your example statement was a $5 player can lose $50,000 on a bad day. Scale that down to a quarter player means a quarter player can lose $2,500 on a bad day. But you also said quarter players will have no regrets with their loses. So it is ok to lose $2,500 on a bad day for a quarter player. Get it?
Depends on what game you are playing. As I stated above, we play single line quarter VP 5 coins at a time ($1.25). Obviously, it would be difficult for us to lose $2,500 a day playing the way we do. Olds is using a strategy he calls "Martingale Clone". The way I understand it, he increases his bet each time he loses a hand. Using this strategy at the Mohegan Sun at $5 a coin means he would be wagering a lot more than $25 on some hands.

In my opinion, if Olds saved up his money, went to the casino once a month instead of everyday and played like the experts, he would do a lot better and earn a lot more comps. His current strategy gives him a big thrill once in a while, but it costs him more to play that way.

olds442jetaway
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Post by olds442jetaway »

The 50k annual losses are not exagerated. It is easy to lose that much a year going 3 to 4 days a week and playing quarters. Even a loss of 200 to 300 per trip adds up easily to 50k a year. I just happen to enjoy going that much and it really is a wash or even better than that factoring in the free rooms food free play etc. As to martingale clone play, my bets do not increase until anywhere from 4 hands or more have been lost before the bets increase. Sometimes and. This is what i am to striving to do now is to wait until a net of 200 bets are lost before increasing my bet. That way when the quad deuces do hit i will have all or most of my money back and for sure more if a royal hits. This is very hard to do and some sessions will not produce quad deuces even in 8 to 12 hours or more of play. On the next trip, the session bets would have to start out higher to make up for the miss on the prior session. That is one reason i am experimenting with tripple play. At this point it is just an experiment. If the dealt deuces arent showing throught the day. The losses ler day will be much larger.

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