Won/Loss Statement

The lighter side... playing for entertainment, less concerned about "the math."
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olds442jetaway
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Re: Won/Loss Statement

Post by olds442jetaway »

I wonder if you put your ticket into the machine before your players card if they would know it is you. If they don’t, the results will not be accurate. Likewise, my guess is if you put cash into the machine and put your card in after, I don't think they would know it was you that put the cash in. If that is the case, they could think you won more than you actually did. For example, put in a hundred dollar bill. Then put your card in. Play awhile then cash out 80 bucks. They may think you had a net win of 80 bucks.

Jstark
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Post by Jstark »

It's not based on whats put into the machine but rather how much is played through. If I stick in a $100 bill on a dollar VP machine and play 5 hand and break even, the coin in is $25 and coin out is $25.

olds442jetaway
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Post by olds442jetaway »

So if that is the case, if you put in a hundred, play one hand for 5 bucks, lose that hand and cash out, will they say the coin in was only 5 bucks? But if you play all day say 3,000 hands at 5 bucks a hand with the same hundred and cash out nothing, your coin in would be 15,000 bucks? But your win loss would be negative 100 bucks. I guess what I’m trying to say is simply putting a ticket in a machine and taking it out without playing it at all is simply not counted?

olds442jetaway
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Post by olds442jetaway »

I thought maybe they also keep track of how much goes into a machine but is cashed out and not played. My guess is somehow they keep track of that too srparately, but I’m not sure. I also wonder if a player who hops around all day playing hundreds of different machines is rewarded less in comps than a player who sits at the same machine all day and has the sane coin in as the hopper player.

tech58
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Post by tech58 »

tech58 wrote:
Fri Feb 21, 2020 8:28 am
OLD's at my home casino the win/loss statement is specifically "coin-in & coin-out".
I asked a slot club manager about this several years ago and he said, "coin-in is cash or tickets that you insert at any time during play, coin-out is tickets that you pull any time during or at the end of play,
hand-pays not being included in coin-out".
I track the results of each trip as to win or loss so i verified that to be the case.
Certainly other casinos have different methods,as you point out.
Re-do of my earlier post. I was told the above definition of coin-in & coin-out.
However your points about when you put your card in during the process are very interesting.
Reminds me of a 50 year old joke at the dawn of computers: "Howww do it Knowww?
Will seek a second opinion on the whole matter tomorrow.

olds442jetaway
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Post by olds442jetaway »

Dawn of computers. Now you know why I retired over 16 years ago. Originally they gave us IBM Thinkpads. An engineers dream. When they took them away and gave us windows based machines, it was crash city, lost data, you name it. Of course our training was minimal so it was pretty much fly by the seat of your pants. I still can barely get around with them. I have a mental block on things that are not logical like many of the computer programs. Even things like making and accessing folders and stored things drives me crazy. I still like the old days where I could build a car from scratch, make it a show winner, do all of the math in my head, and type 40 words a minute without mistakes, unlike here where I constantly make spelling errors on my posts. Oh, I forgot..... shoot the center out of a penny so far away most prople couldn’t see it. Nowdays with scopes, red dots, and lasers my iron sights are out performed most of the time. Ok, I an a dinosaur I admit and proud of it. I will just hang on to my target with the ten ring just one big hole.

tech58
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Post by tech58 »

For the same reason i hang onto my 100-straight patches from both Skeet and Trap.
Could not do it today. Too many brain cells down the tube.

tech58
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Post by tech58 »

olds442jetaway wrote:
Sat Feb 22, 2020 8:38 am
I thought maybe they also keep track of how much goes into a machine but is cashed out and not played. My guess is somehow they keep track of that too srparately, but I’m not sure. I also wonder if a player who hops around all day playing hundreds of different machines is rewarded less in comps than a player who sits at the same machine all day and has the sane coin in as the hopper player.
Old's at the casino i frequent the machine hopper is penalized. A "session" is from card-in to card-out. Wildman has picked up an important part of how their computer program works and we are working on it.
Safe to say,they want you to hold still while the house edge grinds away at your BR. Move around,hit-and-run,and your session average is small, resulting in lower comps.

olds442jetaway
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Post by olds442jetaway »

I am beginning to see that. Great shooting by the way. Same here too much grey matter gone now.

olds442jetaway
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Post by olds442jetaway »

Forgot to add... my mentor who served during WW2, was National Champion with the colt 1911 45 ACP. at that time. He was my mentor in the 1970’s and we remained friends and neighbors until he passed at age 101. Now if only I could translate those skills to video poker and shoot a few holes in the casino’s profits!!!

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