Nice Article Of VP Strategy And How It Works!

[FloridaPhil]

[quote=billryan]I'm still waiting for him to explain how buying a house in a market
where the majority of homes are worth less than they were a decade ago
is somehow a good investment.
You'd think a guy who made millions off real estate would have some sort of knowledge to share with us[/quote]Florida and Nevada were at the epicenter of the real estate meltdown in 2008. Until then, we had never heard of a short sale.  All of a sudden, we were inundated with them.  People were walking away from their homes in droves.  I guess they figured the bank got them into this mess, so the bank could get them out.  In the process, millions lost their homes and/or declared bankruptcy.  Home prices in Florida dropped 50%.  A home which we sold for $990,000 in 2007 we resold for $450,000 in 2009.  Prices dropped so low teams of investors were snatching them up in packages 100 at a time.  Those homes are now being rented to tenants like you and rents are going up fast.Real estate values in Florida are now just about where they were in 2005.  In other words they have recovered about 90% of their lost value.  Bank owned properties are still out there and they are still bargains.  My wife has one investor who buys these homes, does a little work and makes at least $50K on each one.  Like I stated before, investing is the way to wealth.  Unlike video poker, profit doesn't drop into your lap you have to work for it.  Mr. Ryan, by renting you are making someone else rich.  That person is your landlord...Now, it very might very well be true that renting is right for you at the moment.  This is especially true if your life is in flux or you may have to move.  Some day you may have a family and may want to stop paying the building owner's yacht payments.   When that time comes, look around for a bargain.  Believe me they are out there.  The real estate market has created more millionaires than any other financial endeavor.  Anyone can do this.  All it takes is a little vision and a lot of hard work.

[billryan]

Wow. It turns out Phil is concerned about the little people. What a humanitarian.
He's concerned that teaching people the right way to play VP. Will result in most of them losing money.
He's so concerned about it he advocates them playing a screwed up strategy that guarantees they will lose.
Scariest thing a player can read- "Hello, I'm Florida Phil and I'm here to help." Just ask the guy who bought a house through Phil and lost half his investment in two years.

[alpax]

This is a fair statement and one that I have asked myself many times. There is something about losing money that shakes me to the core.  A big part of VP is losing, so why do I torture myself?  It's kind of like the joke about the guy who keeps hitting himself in the head with a hammer.  Someone asks him why he is doing it and he says "It feels so good when I stop!"Seriously, when I was working full time, I was a very motivated person.  I wanted to be the best at everything I did and losing money was never acceptable.  We still own a number of businesses currently operated by members of our family, but I I'm pretty laid back these days.  I can hit four aces for $200 one minute and if I lose $50 the next I'm very upset with myself.  This causes me to hoard my winnings like a squirrel packs away acorns.  I recently moved to 50 cent play.  As I expected this doubled my loses.  I could spend $2,000 on a new fishing reel and be fine with it.  To lose $2,000 playing VP is a disaster.  I probably shouldn't be gambling at all because losing upsets me so much.  The good news is my distaste for losing money keeps me from having a gambling problem.The idea that someone would profit from teaching people they can win at VP infuriates me.  The facts are 99% of those players are going to lose and I worry about someone hurting their family or themselves attempting to pull this off.   If one or two actually make money, does that undo the harm to the others?  I think not.   Some members of this forum have told me they think it's fine to profit from the bad luck of other players.  I have a problem with that much callousness and won't be overcoming it any time soon. 



Fair enough opinion about the losing. In the end, I've observed enough people that coming out a big winner for the day spent at the casino would bring enough thrill for them to keep going. I do not think most people gamble to try to come home as close to even as possible when they decide to heat out to the casino. They know what they'll do with their hard earned dough.

As for experts selling secrets, I think most people are informed here and they know they are not willing to do all the things that is necessary to succeed so they are not vocal against Mr. Dancer.

I agree bad things happen to good people all the time. Not sure the reason Billy tries to tie in real estate with video poker but not many people foresaw the subprime crisis.

It takes months of due diligence from the buyer and agent to close down a 900k purchase. Not your fault, just about every salesman or woman has to hide the potential negatives the best they can to get the job done.

Probably the commission you earn from that one sale alone would exceed the amount around half of what the professional VP players earn. Some agents are also their own boss like with the video poker players.

[FloridaPhil]

[quote=alpax]Probably the commission you earn from that one sale alone would exceed
the amount around half of what the professional VP players earn.[/quote]I play VP for fun and relaxation.  I'm too old to go charging around the world chasing marlin or racing up and down a speedway, so I have to find an interesting pastime that I can do.   VP works for me.  It calms my mind and gives me something enjoyable to think about.  I'm just like 99% of the rest of the VP players in America, the games I play are negative.  This means I am guaranteed to lose long term.  If I'm going to lose, I want the best bang for my buck.  This may mean I want to play all day for practically nothing.  It may also mean I walk into the casino and throw my whole daily bankroll into a $5 machine in 10 minutes.  It's totally up to me what I do with my own money.  I'm sure others feel the same way.For some reason which I will never understand there are some people on this forum who become self appointed strategy monitors.  I have never once told anyone how to play, I only talk about what works for me.  VP winning strategies are a Ponzi scheme where a few people benefit from the dreams of many.  Sooner or later there won't be any more positive VP opportunities and the entire thing will go away.  What will remain is players that enjoy the game for fun and those that play for money will move on to something else.   If you say you are teaching people how to keep more of your money or benefit from comps, that's great.  Saying you are going to teach people how to make big money playing VP is bait and switch.  A few can do it, the vast majority can't and won't.Now, I'm not disputing that some players like Billy can make some pocket change playing full pay quarter deuces in Vegas.  I don't think it's worth his time, but if he enjoys it fine.  In my mind the beer money he's making does not automatically anoint him as the king of VP.  If he's in the business of protecting the business of casino operators or gaming industry vendors , that's something else entirely.  If he's not, why in the world would he care if someone plays single quarter VP or occasionally goes against the math for a chance at a royal?  Makes no sense.Players can say anything they want, but the fact is there are very very few people in this world that actually make real money playing VP.   If you are only going to play positive games, why would you double down on the extreme long shot that you will be one of them?  Play the game for recreation, play the way that makes you happy and don't get too serious about winning.  If you do, enjoy the experience for the limited amount of time it lasts.  If you don't like to lose, play cheaper.  Whatever you do get your money's worth.

[Carcounter]

Well I think it is clear that Bill and Phil are on opposite sides of the spectrum when it comes to playing VP. I am much closer to Bill in how and when I play, but will forego a slighty higher theo and play in a better environment. The Double Joker progressives at Caesars AC are to the best of my knowledge the best base game in AC as they reset at 99.91% and are almost always positive, but the environment stinks, literally and figureitvely.I stick with the 99.69 SDB and 9/6 JOB at Borgata. With the .125% CB and .250% comp dollars, close enough for me.On 3x, 5x and 10x slot dollar days, a slight player edge. I have been playing VP since 1993 and have never palyed single coin. I also will never play a pay schedule worse than 99%. I am a bit anal that way, but that's how I am. When Foxwoods first opened, I spent 7-8 hours round trip driving there, looked at almost every VP game and didn't drop a quarter in any machine. Ate dinner and drove home.But I could never do this full time. A 3hr. afternoon session once a week satisfies my need.

[Vman96]

I have been playing VP since 1993 and have never palyed single coin. I also will never play a pay schedule worse than 99%. I am a bit anal that way, but that's how I am. When Foxwoods first opened, I spent 7-8 hours round trip driving there, looked at almost every VP game and didn't drop a quarter in any machine. Ate dinner and drove home.But I could never do this full time. A 3hr. afternoon session once a week satisfies my need.

I'm all about playing good games, but I dunno I could make that drive and not play there at all. Have you ever went back? VPFree2 says they have 9/6 Jacks for dollars...

[FloridaPhil]

[quote=carcounter]Well I think it is clear that Bill and Phil are on opposite sides of the spectrum when it comes to playing VP.[/quote]There are many different "spectrums" to VP.  Not everyone plays VP with one of Dancer's books on one side and a calculator on the other.   Maybe they should, but that's not for me or anyone else to force on them.What I'm saying is all members should be given respect on this forum.  If someone makes a statement or asks a question they deserve an honest polite response.  They did not post so they can be called stupid, undisciplined, losers or stubborn mules.   In truth the smartest players are those that never darken the doors of a casino in the first place.  If someone is gracious enough to come to this forum with a comment, they deserve to have their issue discussed openly and without drama.  Contrary to what some people think we all make mistakes and we all can be wrong from time to time.

[edog743]

I do not play VP in a casino at all so where does that put me? The only place I have played VP in the last 6+ years is here.

[FloridaPhil]

[quote=edog743]I do not play VP in a casino at all so where does that put me? The only place I have played VP in the last 6+ years is here.[/quote]Congratulations.  You are the smartest of us all!  

[Raner]

If someone makes a statement or asks a question they deserve an honest polite response. 

That sounds fair enough to me...
The other day I posted on one Phil's trends, It was suppose to be a joke of the 54.54% on the NO-PAYS on Vp. Thinking about it, It was perhaps in bad taste because I did not say it was a joke till some of the guys saw it and posted back.They were nice enough not to say it but in short they most likely thought I was "Nuts". And to be perfectly honest I would have thought the same thing if I had not been the one that posted.