video poker tracking

Discuss proper hold strategies and "advantage play" and ask questions about how to improve your play.
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trapper
Forum Newbie
Posts: 5
Joined: Mon Oct 15, 2007 8:18 pm

video poker tracking

Post by trapper »



Can anyone tell me how they determine win/loss statements at the end of the year for vp play? Is it based on actual win/loss numbers or the theoretical win/loss playing those games?

shadowman
Video Poker Master
Posts: 3587
Joined: Mon Oct 23, 2006 5:42 pm

Post by shadowman »

Every casino has their own system. However, I believe it is always actual results.

BillyJoe
Video Poker Master
Posts: 3198
Joined: Sat Aug 23, 2008 2:00 pm

Post by BillyJoe »

Most casinos have a Players Card. The casino tracks your play on machines and table games when your card is in use.


 
The yearly P&L casino statement just shows a total for the year by property. It does not give you any info on specific machines or games.

marie meijer
Video Poker Master
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Joined: Sun Apr 22, 2007 12:45 pm

Post by marie meijer »

I have learned to fill out requests for win/loss statements at player's clubs before leaving several of Michigan's Native American casinos. Otherwise, they require having a notary sign a mailed request. (FYI: Our local bank will provide a notary without charge and I have also used one in a local real estate office.) Little River Casino at Manistee does not get involved with state taxes so I printed the federal W2G issued from them and computed and put in the amount of state taxes due. In MI, if a W2G federal form is issued, a state accounting is also due! MI state W2G gambling taxes must be paid and cannot be written off by losses. Some of this may apply to your state.Some non Native American casinos will allow me to print my win/loss statement from them on line. For MGM, for example, I merely requested they send a win loss statement every year. It would be too easy if all casinos had some conformity with win/loss statements, preferably easily accessed on line!

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