CET debt

[Tedlark]

  notes do you remember when there was only Las Vegas and Atlantic City? Look at how casino gambling has sprouted over the last 20 years. My particular state, Illinois, had casino gaming in 1993. Now they allow restaurants with liquor licenses to have up to 5 video gaming machines in them. With casinos in Illinois having limits on the number of gaming positions they can have, the proliferation of gaming machines when added up would equate to about 8 more casinos in Illinois. Pennsylvania is now in the top 3 as far as casino gaming is concerned and when you look at the east coast as a whole it has really grown there. For me I have: Illinois, Indiana, Iowa, Michigan, Minnesota, Kansas, Ohio, Pennsylvania, and Tunica all within a day's drive or less.    As far as machines paying out more when people are playing at less than max. coin I don't buy it. The machine cannot determine what particular hand will hit depending on the number of coin in someone is playing. A royal flush will hit anytime regardless of whether there is 1 coin in or 5.    I for one will not be playing a less than max coin strategy but for those who do I offer the best of luck to them. I ran across this once at Hollywood Casino in Aurora, IL. I was playing max coin and got a royal for $1,000.00. A man next to me got a royal about 20 minutes after I got mine but his paid only $62.50 and he wanted to know why. I politely showed him the difference in playing single coin vs. max coin.   I also do not subscribe to what other posters may say about machines being rigged, tampered with, or altered. There are people on this site far smarter than I am who have also poked holes in this arguement.    I personally enjoy a spirited logical debate where people respect others who may have an opposing view. This debate would be strictly business and not be made personal. But that is in a perfect world my friend.

[DaBurglar]

     I for one will not be playing a less than max coin strategy but for those who do I offer the best of luck to them. I ran across this once at Hollywood Casino in Aurora, IL. I was playing max coin and got a royal for $1,000.00. A man next to me got a royal about 20 minutes after I got mine but his paid only $62.50 and he wanted to know why. I politely showed him the difference in playing single coin vs. max coin.   I also do not subscribe to what other posters may say about machines being rigged, tampered with, or altered. There are people on this site far smarter than I am who have also poked holes in this arguement.    I personally enjoy a spirited logical debate where people respect others who may have an opposing view. This debate would be strictly business and not be made personal. But that is in a perfect world my friend."Arguement"??  (Websters:  Argument )     Once again, you put your enormous foot into your even more enormous mouth (figuratively speaking of course, since were are on the internet.)Seriously Ted, why did you set yourself up for this kind of riposte before, by taking a mean spirited, pointless potshot at me when I made an obvious typo?   it is incredibly EASY FOR ANYONE (and everyone) to misspell words on this posting format, and like most people, I could care less if someone (including me) misspells a word or three in a post, as long as I get the point they are making, or I get my point across....you took such great joy and relish in pointing out my typo....a smart person would have, from that moment on, made darn sure he himself did NOT make a obvious typo/misspelled word in any forthcoming post......guess that does not describe you. So do you want to agree at this point to STOP this childish immature behavior, as well as your hypocrisy?   Just knock it off....you cannot win (and I do not particularly want to....I'm here to post, and share, and read and learn......you are a HUGE impediment to that goal.)   I made a STRAIGHT, legit, serious post in the "Biggest Jackpot" thread about my biggest poker hand ($2/$5) which you childishly smeared, and here you are posting about "keeping things serious and respectful" and blah blah blah, in your "perfect world"......do you even realize just how STUPID you make yourself look with this crap?   Do you even remember what you write or post?   The essence of hypocrisy is that you THINK people will not see through your B.S.  ...... That is basically saying people are too stupid to catch on to you and what you are trying to pull.....Is that what you think, the readers here don't have the wits to see your hypocrisy, and that they'll just "believe and accept what you are spewing?Gahhhhh......

[Tedlark]

Oops, you got me on the spelling DaBurglar. I will not be making the same excuse as you did though; something about a red squiggly line?

I haven't, nor will I say that anyone here is stupid. You have tried that before.

[royal flush]

at least he got you on something, i respect your posts, but if anyone thinks the games are "rigged" the simple answer is don't play

[faygo]

RF Just noticed you are over 1000 posts.   

[royal flush]

1/3 as many as you, like you i keep my posts constructive, i wish for a "new years resolution" we could avoid the personal insults, even on disagreements

[olds442jetaway]

I think that was last year's resolution. The chances of it coming true this year are about the same as all of us who wish to losing weight in 2015. All we can do is try.

[DaBurglar]

Oops, you got me on the spelling DaBurglar. I will not be making the same excuse as you did though; something about a red squiggly line?

I haven't, nor will I say that anyone here is stupid. You have tried that before.huh???  "excuse"??   oh man, you just cannot help yourself...

[notes1]

Tedlark, regarding your 12/22 post, there have also been credible posts on this site, that raise questions about the integrity of VP machines, including whether they some are treated as 'slot' machines.  The number one priority of the states that regulate casinos, is protecting their state income revenues (taxes), not protecting players. I wonder who has a bigger budget, the FDA or the IRS?    America's largest casino operator has $20+B in debt, takes in $8B in revenue and pays out 25% of that total revenue in INTEREST only. They been losing money year after year. That is not a scenario that gives me comfort about everything being on the up and up. My own experience and many others is that the cost of playing VP has increased and the rapid rise in many playing less than max coin, in an effort to extend their play.  Believe what you want, i will go with my lying eyes and my business gut experience.

[Tedlark]

  notes I seem to remember hearing on the news yesterday that the IRS is getting their budget reduced this upcoming year, did you hear anything on this?    As for playing less than max coin and extending play I can say that this will in fact; extend play. If a player normally bets 5 coins per play and goes down to betting a single coin per play then they would be extending their play by 500%. If they want to bet max coin and extend their play the same 500% they would then need a MUCH larger bankroll. Under these scenarios how would you choose to extend your play? Now a player could also drop in denomination and there are several players here who play at lower denominations and they are quite content to do so.    Getting back to the taxes. Are you aware that many, if not most, states have a "gate tax"? Casinos are required to pay a specified amount to each state for each patron who enters their casino. How does this rate compare with corporate income tax rate? What happens to the corporate income tax if a casino is LOSING money?   I have not been swayed by any of the alleged "credible" posts made here regarding the integrity of video poker machines. I say this because the evidence of how video poker machines are regulated, tested, and monitored for fairness and tampering FAR outweighs anything that has been written here regarding the opposite. A casino raising or lowering paytables IS NOT tampering but the math shows how even lowering paytables one unit will GREATLY affect payback percentages.    Until Moses comes down from the Mount holding a tablet that states video poker machines are rigged; I will continue to believe that they are, in fact, not rigged.   If you were to: "go with your lying eyes and your business experience" then you obviously would be giving up video poker play in a casino? If you have not done so allready?