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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olds442jetaway
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Re: Found 99 percent machines at Mohegan Sun that pay points

Post by olds442jetaway »

One final note on all of this.....4,000,000 bucks through the machine in a year divided by 50 weeks figuring there are a couple of weeks I don't go, equals 80k per week through the machines. I figure I play about 40 hours a week just like a regular job time wise so that works out to 2k per hour through the machines. I have and have had people time me and I play about 650 hands per hour. So that works out to just a few pennies over three bucks for an average bet. I think that is just about correct. If I am able to keep to playing the same number of hours for 2019, but stay at 1.25 a hand, the 1,625,000 or so run through the machines will still cost me just over 20k retaining 98.75% of my coin in. All of this is just very basic math. Boy does it hurt me to see so so many young people and adults to ask me I just won 2,000 quarters....How much is that? Seeing pictures instead on numbers on fast food registers hurts even more. Now that they have taken cursive writing out of the school lessons, many young people cannot even sigh their own names!

olds442jetaway
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Post by olds442jetaway »

sign.... darn typos

New2vp
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Post by New2vp »

Actually, that may be something to "sigh" about.

FloridaPhil
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Post by FloridaPhil »

New2vp wrote:
Tue Jan 15, 2019 9:02 pm
Waiting4RF's probably take less time than it takes while Waiting4Philtogetit
I am not interested in beating the casino or gaining a comp status so I can pay $50,000 a year for "free" stuff. I am interested in playing as much VP as possible while paying the casino as little as possible for the privilege. Olds practically lives at the Mohegan Sun, that's his choice. He believes he gets his money's worth. That's all that should matter.

New2vp
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Post by New2vp »

Still waiting, Waiting4RF? ;)

Tedlark
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Post by Tedlark »

Still waiting to see what yard Phil lands in after he falls off the fence.

billryan
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Post by billryan »

Is "the fence" a 21st century equivalent of "the wagon"?

FloridaPhil
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Post by FloridaPhil »

There is nothing left to say on this subject that hasn't already been said.

Waiting4RF
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Post by Waiting4RF »

New2vp wrote:
Tue Jan 15, 2019 9:02 pm
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?
Waiting4RF's probably take less time than it takes while Waiting4Philtogetit.

You need to spell it out that you are asking him to divide by 20 to compare $5 machines to quarter machines.

Since $50,000 has been mentioned in this thread now in two different contexts (olds's annual loss) and Phil's baseless exaggeration of what he thinks a $5 single line player might lose in a day, it wouldn't be surprising that he still won't get your point. And if he does, look for him to go off on some other tangent.
Phil,
I am not talking about Olds' playing style and yearly loss. The subject I was talking about is how you came up with a $50,000 loss for a $5 ($25 per hand) single hand player in a bad day. That same $50,000 divided by 20 would give you the loss for a $0.25 ($1.25 per hand) player. The $25 bet divided by 20 is $1.25 bet. The loss for the quarter player on a bad day based on your numbers would be $2,500 for one day ($50,000/20=$2,500). Get it? And you said no one would have regrets playing quarters. Many of us would have regrets with a $2,500 loss. You also said it would be very difficult for a quarter single hand player to have a $2,500 loss in one day. If that is true, then the same can be said for the $5 player.

billryan
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Post by billryan »

500 hands an hour for four hours is 2,000 hands. So, an nine hour day is about 4,000 hands or $5,000 coin in. Chances of losing $2500 over 4,000 hands is pretty high, but I have no idea how to get the exact number. My hat is off to those of you who do problems like that for fun. But I digress...
It seems the chances of it happening is pretty slim ,unless we are talking ten play or more. I've been down close to $2,000 playing ten play but have always recovered from that low.

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