Extremely Lucky. I should quit for the year now!

The lighter side... playing for entertainment, less concerned about "the math."
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olds442jetaway
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Re: Extremely Lucky. I should quit for the year now!

Post by olds442jetaway »

To Bob, still behind for last year, but now within 1 percent of coin in. So pretty close to where I should be. Actually, I should be worse due to some play on 97 percent machines like DDS. As to going broke it won’t happen. I always play within my means As for the charities, I would be giving to them anyway, this Just gives me an excuse to go a few days earlier than planned. I never base my charitable giving on whether I win or not playing video poker. I realize playing this way doesn’t bring me over time any closer to being ahead then flat betting with perfect strategy. I am actually able to capitalize now as I have posted about recently to get my theoretical total return over 100%. It Has to do with the normal FreePlay which is anywhere from .3 to .5 percent And with achievement awards that you can really capitalize on on triple status point days I can get my total return on say a 99.5 for game close to 101%. I will probably never achieve that because I just don’t enjoy playing jacks or better that much but I do give it maybe 20% of my play

olds442jetaway
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Post by olds442jetaway »

I didn’t have time earlier to post this because as it was, I was late leaving anyway
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and had a few errands to run at home. On the way out, I checked the kiosk and realized I had earned a hundred buck personal achievement award. 100 bucks. Landed these in short order. I guess when it is your day, it is your day. I know, I know...not the best paytable. 940/17/7, but I like this game sometimes. Long term 99.54 JOB would have been smarter. I kept track of my quads without wild cards for this trip on all games I played. About ten hours at 700 hands an hour. Exactly 3!!!!! If I hadn’t been playing deuces wild, I would have been a goner after 4 hours on JOB. As it was it took 400 bucks from me before I switched to a different game.
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dinghy
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Post by dinghy »

olds442jetaway wrote:
Fri Jan 22, 2021 4:21 pm
Landed these in short order. I guess when it is your day, it is your day.
Facepalm.

I was enjoying all the details, but you triggered my judgmental instinct with the 6 coin bet for a $1200 min-w2g. :down:

Is the game available for quarters? I would have bet 23 quarters.

Tedlark
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Post by Tedlark »

Very nice little run olds, congrats to you.

olds442jetaway
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Post by olds442jetaway »

To answer your question, yes it is available in quarters, halves, and dollars. What happens with the Martingale Clone the way I play is if my bet takes me all the way up to 25 quarters and I am still losing, meaning when I get to bet 25 and lose 6 times that bet, I revert to remaining bankroll to dollar play. I have found over, over, and over again that switching to dollars on a long bad run almost always and I know this is crazy results in the machine hitting. I know. I know it makes no since and it is probably coincidence. So after I lost 6 times my bet at bet 5 dollars, I go to. bet 6 dollars. So far, I am always a net loser by the end of the year and am able as an itemized deduction to write off the Winnings as an itemized deduction up to the gross amount won. I get wacked badly by the state though on gross winnings to the tune of 7 percent with no writeoff ability. That sucks. I know I could adjust my bets somewhat to avoid this, but so be it. As to the last two hits, that was with the extra 100 free play I earned that day. I was late already and just started with dollar play. On the hit of 5 of a kind on Joker, I had lost 6 times my bet at bet 5 bucks so I moved up to bet six.

olds442jetaway
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Post by olds442jetaway »

One more final note I have observed in well over 20 million hands of lifetime play. No matter what program I play for fun, the dud cycles are longer at the casino and the winning cycles are shorter and compressed. I find the end result percentage wise to be about the same. What this does though for many people, me included, is bust bankroll before you hit a winning cycle. I have talked to other players with the same experience. WHY???? is the big question. One thing is for sure in my experience. Running out of bankroll or time to play in these long dud cycles guarantees a losing session. My most recent example was last week on playing JOB at the casino. Has anyone ever gone 53 straight hands on 9/6 JOB without even getting 2 pair or better? I did!!! The crazy part which of course could be random was the next 3 out of 4 hands were full houses.

FAA
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Post by FAA »

Most of my sessions begin with a cold cycle. I’m going to try this. Bet 1; I’ll get to -6. Then ramp up for the comeback. I hate depleting BR right off the bat!

olds442jetaway
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Post by olds442jetaway »

Be very careful. A long quadless dud cycle will bust bankroll. However, if you do try it, anytime I win even a little hand and am now less than -6 x my previous bet, I revert back to the smaller bet. To make it simple, if I was at bet 1 and now am -6, I go to bet 2. If I get a full house on the next hand, it pays 18. With a net gain on 16 on that bet. I would go back to bet 1 with a cushion of 10. So I could either cash out or play until that cushion has been erased before I would go to bet 2 again. It would be very easy to make up a chart so math would be needed. I like to do the math in my head. It keeps me sharp. It gets interesting if you were at say bet 12 quarters abd hit a quad. That is a bit of a calculation to do in your head. 25x 12=300. But then you need to know how much you have lost to see where your next bet will be. Let’s say before you hit that quad, you were down 425 quarters. Now you would be down 125 quarters. You would be at the end of bet 6 or the beginning of bet 7. fir the next bet. I guess for most people, a chart would be helpful. I am not advicating anybody play this way. Over time, the end result will be the same as if you bet in total the exact amount flat betting. I just enjoy it. Finally, an extended dud cycle will wipe you out faster than flat betting.
The fun part of course is hitting a Royal or quads with the larger bets in. I am not advocating short coining either. I just used it as an example.

dinghy
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Post by dinghy »

olds442jetaway wrote:
Fri Jan 22, 2021 9:45 pm
I know I could adjust my bets somewhat to avoid this, but so be it.
Thanks for the responses. I'll try to keep it brief.

These little details can be very detrimental in aggregate. If we assume 7% taxation of jackpot hands, house edge on the $6 Joker Wild game is 1.85%. Regular house edge for a 5-quarter bet is only 1.55%.
I have found over, over, and over again that switching to dollars on a long bad run almost always and I know this is crazy results in the machine hitting.
olds442jetaway wrote:
Fri Jan 22, 2021 10:13 pm
No matter what program I play for fun, the dud cycles are longer at the casino and the winning cycles are shorter and compressed. I find the end result percentage wise to be about the same. What this does though for many people, me included, is bust bankroll before you hit a winning cycle. I have talked to other players with the same experience. WHY???? is the big question.
Streaky machines are beatable. But you're not beating them. Doesn't make any sense.

Do you find other players' opinions to be reliable? I don't. Not at all.
Has anyone ever gone 53 straight hands on 9/6 JOB without even getting 2 pair or better? I did!!!
Are you talking about dealt or after the draw? Odds for a single hand are 92% dealt, 76% after the draw.

olds442jetaway
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Post by olds442jetaway »

After the end of the draw. 53 straight hands with at most a push. Some years I probably could have ended up positive but never have. Discipline issues and sometimes playing inferior paytables didn’t help. As to the taxes, until the tax reform in 2018, I could itemize out and get a nice Fed tax break on the excessive Ct state taxes paid. The 10,000 cap on deductions for State and local taxes killed that since my normal Real estate and car taxes were close to that. That was a loss of another sometimes 12,000 in additional itemized deductions. I have a feeling Biden is going to try and reverse much of that entire tax package. Guess we will see.

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