Interesting Article

[BobDancer]

http://poookah.blogspot.com/2015/11/vpf ... .htmlAbove is a link to an article about video poker posted in the past week. I thought it was insightful and have contacted the author to be on GWAE on November 17.You might want to check it out

[damule]

Bob, Your link doesn't bring you to the article, just the comments.

[djc32]

I saw this on vpfree, great article and I would love to hear more from the author. I hope some slot directors get to read it , they might learn something!

[BobDancer]

Bob, Your link doesn't bring you to the article, just the comments.Whoops! Sorry about that. This should work betterhttp://poookah.blogspot.com/2015/11

[DaBurglar]

what exactly is so "insightful" about this article?    Certainly anyone here who knows anything about casinos and has a clue about business and marketing knows that the casino "industry" (I hate using that term when discussing casinos) has shot itself in the foot on numerous occasions and in numerous ways the last 10-15 years, and its decisions to eliminate or severely curtail video poker is one of them.....or to be more specific, curtailing/eliminating video poker (and all related perks, promos and other "Stuff") and replacing them with even more penny slots with lots of graphics and "oooohh wow" features but lousy return%......Also, its just me but that actual website in the link above (pookah blog  or whatever) is horribly formatted and constructed....scrolling down trying to weed out the actual relevant comments and such was extremely annoying, as well as nauseating (Like being seasick or airsick)......maybe Bob can refer them to a web designer.

[FloridaPhil]

[quote=Poker Master]"I've been isolated in Montana for 8 years now. I have no
idea what the casino floors of Nevada look like these days.But I made a
trip to Deadwood a couple of years ago. The machines were 90% video
line games and only 10% video poker. Coeur D'Alene Casino in Idaho is
the same way. And I visited a casino on the Spokane River in Washington.
It was 100% video line games. Those games have a much bigger house edge
than video poker. I'm wondering if that's the trend around the country
these days."[/quote]I posted part of the article for those who are technically challenged.  The link to their website is above, so I'm pretty sure they are OK with me doing that.  I haven't noticed the regular slot VP game mix changing because I never play slots.  As far as VP is concerned, low odds is getting to be the norm in many parts of the country.  Unless you are able to be selective about where you play or you can play at high stakes, you will be playing seriously negative VP games.  I'm glad Bob posted this link.  I'm at the point where I refuse to play any VP game with odds less than 98% which I think is enough edge for the house to make money.   No more free BS trips to "Casino Never Win" for me.   I'll pick what I play and 94-97% games are not it.  If Vegas casinos with all their competition can make money, why should we patronize casinos that can't manage making a profit off decent games?

[alpax]

I read it yesterday and was very intrigued by it.

I will look forward and anticipate the Nov 18 GWAE episode.

Requires a Yahoo! account to view the original post on the VPFree forum from Mr. Dennis Krum.

How VP Changed Gaming's Devolution

[FloridaPhil]

Bob, like your new website layout at www.BobDancer.com Professional and easy to navigate.

[DAAnMAAn]

The November 17th show of "Gambling with an Edge" with Dennis Krum I think was one of the best episodes I have listened to in quite some time! The shows pretty much puts the nail on the head on why casinos and gambling in particular has gone south the last 10 years, why video poker tables are so tight now, and it has nothing to do really with losing money, but bad thinking!Krum talks about what I have been thinking for a very long time. That the thinking of casino managers is skewed, the win/loss mentality instead of the old school handle and drop mentality is ruining casinos and gambling...(that is, if somebody is winning we must be losing when the reality is exactly the opposite)...and all it's going to take is one owner anywhere to get wise, put in very good games and paytables, and let the handle and hold make the money, not necessarily the win/loss mentality. Players who win should be celebrated and applauded and of course, used for promotion, not kicked out or banned. How ridiculous! I remember the great line in the movie "casino", the secret is to keep them playing, keep them playing, eventually they will give it back.He understands that one winner will produce a hundred non-winners. A high progressive returning 105% payback is giving one player (the player who hits that royal) that percentage. Everyone else is actually lowering ER percentage trying to obtain that optimum play, playing faster, putting more coin thru the machine, and even lowering the percentage to adjust strategy for the royal. When will the casino's wake up? I think there is a lack of education in the casino business for sure...it's tough to convince them that winning players actually make them more money, but it's true.They are worried about the new generation not playing the slots and machines and their solution is what? Put in so called "skill" games which really have returns the same or lower than the current machines out there. The new generation are smart, they don't want to give the casino their money, so they consistently pass the machines on the way to the clubs and restaurants. They want to bring a new generation to play video poker? Put in machines just slightly above 100%, give them the illusion that all they have to sit down is play and they can beat the casino. Of course the reality is very few players will be able to do it because it takes practice, perfect play, good variance, good bankroll, and so forth. But at any rate, good show and spot on. Wish I had the money because if I did, I'd open up a video poker bar and kill it with big paytables and progressives, and selling alot of drinks and getting alot of business, handle, and drop in the process. And let all the other bar operators scratch their heads and go huh, how is that possible that the guy with 10/6 jacks or better is actually making more than my 8/5 jacks or better. I'll let him keep scratching his head.

[alpax]

I did not get the chance to tune in. I will listen to it right now. No commercials last week.

Gambling with an Edge 11-17-2015 Episode - Dennis Krum