Money Management Strategy for Recreational Players

[edog743]

If the TRIBAL casinos are the only game in town. You have two choices dont go or go and quit your whining. The tribe will do fine without your money.

[BillyJoe]

That said, Id stay away from those type of casinos. No one knows what they do to their machines.
Note to BS: check out Happy July 4th under "Video Poker Stories" in the Forum.

[FloridaPhil]

I'm not whining.  If we didn't have them, I would be driving to Biloxi for 9 hours for even worse pay tables.  I do wish they would fix the damn draw buttons..  As far as fair games are concerned, a lot of people think the Indians rig the games.  I have not seen any indication of this in our play.  My wife and I love to take long road trips and play VP all over the country.  I keep pretty good records and I don't see much variance in the results. Royals hit just as often, 4Ks too.  If you lose a lot, you're either playing badly or you're in a slump and that's not the fault of the machine.  I think rigged video poker machines are a myth perpetrated by people who don't understand how they work.  You have to lose some of the time so you can win at other times.  People only remember the extremes of winning and losing.  

[shadowman]

I keep pretty good records and I don't see much variance in the results. Royals hit just as often, 4Ks too.  If you lose a lot, you're either playing badly or you're in a slump and that's not the fault of the machine.  I think rigged video poker machines are a myth perpetrated by people who don't understand how they work.  You have to lose some of the time so you can win at other times.  People only remember the extremes of winning and losing.  


 
Very astute comment.

[brmcc74]

Florida Phil=
I have to give you credit for being honest. Before your thread was derailed by more tears for pity, it takes alot for a person to admit over indulgence in gambling. If you have found a "system" that works for you, then you are on the right track. Its your $ and its your time to spend how you see fit. Its refreshing to see some honesty about what really happens in a habitual casino senario. Most people will deny this and just as many dont even realize its happening before its too late/GL2U

[FloridaPhil]

I appreciate the comments.  I think players need to be more open and honest about their gambling experiences.  Many of my friends and associates know that I play a lot of video poker and some ask me how I win.  I'm honest and tell them that for most (including me) it's a long term loser.  For that reason, I have invested a lot of time and effort into keeping my losses to a minimum while still enjoying the casino experience.  I now play more often and longer than I ever did and I don't get that sickening feeling when I lose a bunch of money.  This effort has been a struggle for me, but I'm finally OK with what I'm doing.   

[backsider]

[QUOTE=backsider]
That said, Id stay away from those type of casinos. No one knows what they do to their machines.
Note to BS: check out Happy July 4th under "Video Poker Stories" in the Forum. [/QUOTE]
 Congratulations, again. Do you do anything else but play video poker Billy? How do you find the time? I hope you really win. There have been threads all over different forums debating the Indian casinos and if they do anything to their machines for better profitting. In reality I dont know one way or the other and who does. The best quote Ive seen from a believer that the machines are tweaked, is that who would ever expect anyone who plays at them to believe they are? Its like theyd be taking themselves right out of the opportunity to play. I could not imagine in my wildest dreams someone like you Billy to do that.

[BillyJoe]

[QUOTE=billy joe][QUOTE=backsider]
That said, Id stay away from those type of casinos. No one knows what they do to their machines.
Note to BS: check out Happy July 4th under "Video Poker Stories" in the Forum. [/QUOTE]
 
Congratulations, again. Do you do anything else but play video poker Billy? How do you find the time? I hope you really win.
 
There have been threads all over different forums debating the Indian casinos and if they do anything to their machines for better profiting. In reality I don't know one way or the other and who does. The best quote Ive seen from a believer that the machines are tweaked, is that who would ever expect anyone who plays at them to believe they are? Its like they'd be taking themselves right out of the opportunity to play. I could not imagine in my wildest dreams someone like you Billy to do that.[/QUOTE]
I played in the first round of a 3-day golf tournament today, so I guess that qualifies as 'anything else'.
As I had said on another post previously, when the Seminole Hard Rock here in Tampa put in Class II VP machines, the pay tables were very generous. The minute they were replaced by Class III Vegas-style VP machines, though, the pay tables shrunk to what you would expect to see in a large casino. That does not 'prove' anything, but you have to ask yourself, "Why would they do that if they can just adjust the machine to match some payout level?"

[Lucky Larry]

Phil,
I like with your money management strategy. Lately, I too, have found pulling out my big tickets and putting them back until I'm ready to leave has helped most of the time. Our bankroll is about the same each but, we would have a hard time playing a $20 at a time and usually start with $100 since we play multiple hands of 5¢ or multiple hand 25¢. This usually gives us enough hands played to get a feel for our timing.

As far as the native American casinos, we have had some great hits in the ones we've played and we avoid non-class III. Enjoyed Hard Rock the last time we were in Florida.

[backsider]

Billy, I dont know anything about class II or III. Maybe the tribes dont do anything but theres enough discussion about it so there must be a reason. People always say the tribes have to abide by the state or something like that, but Ive always understood their sovereignty to trump all else. I only know I dont play at them because I dont trust what I dont know. I think the people who play at them will trust everything about them for the simple reason that they play at them. In fact, even if it came out that they can and do mess with the machines, Ill bet donuts to dollars few if any would just walk away from them.