Casinos along Mexican Riviera?
September 28th, 2018 at 6:10:07 PM
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Ensenada (Mexico);
Puerto Vallarta (Mexico);
Mazatlan (Mexico);
Cabo San Lucas
???
Puerto Vallarta (Mexico);
Mazatlan (Mexico);
Cabo San Lucas
???
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
September 28th, 2018 at 7:11:36 PM
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I can only confidently comment on Cabo. It has a machine-only casino in the mall by the marina, on the top floor. It mostly has bingo games played on 3x5 cards. The energy/fun level is very low. This was early in the day, so maybe it picks up at night. Still, so many better things to do in Cabo than play bingo on a machine.
I'm pretty sure Ensenada doesn't have anything better, or I would have heard about it. I've been to the other two cities on cruise ship stops and never noticed any casinos, but neither was I really looking, as I had so little time.
Not that you asked, but Mexico City has a small full blown casino in the Zona Rosa. Be sure to eat at Angus while you're there.
I'm pretty sure Ensenada doesn't have anything better, or I would have heard about it. I've been to the other two cities on cruise ship stops and never noticed any casinos, but neither was I really looking, as I had so little time.
Not that you asked, but Mexico City has a small full blown casino in the Zona Rosa. Be sure to eat at Angus while you're there.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
September 28th, 2018 at 9:05:45 PM
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http://www.themogh.org/cg_state2.php?id=mx
You can shear a sheep a hundred times, but you can skin it only once. — Amarillo Slim Preston
September 29th, 2018 at 12:24:24 AM
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Puerto Vallarta has 2 casinos within a short walking distance from the cruise port. The casino in the mall is more upscale, has a couple table games and many of the slot themes one would find in Vegas. I found everyone to be very helpful there. A cocktail waitress spotted me trying to squish some pesos into a random slot in the machine and laughed. The machines don't take cash. Cash must be loaded onto a card at the cage. Ijole, gringo!
PS didn't see ocean or desert theme game for you so it may not be worth the trip ;)
PS didn't see ocean or desert theme game for you so it may not be worth the trip ;)
100% risk of ruin
October 1st, 2018 at 2:04:29 PM
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Quote: RogerKintPuerto Vallarta has 2 casinos within a short walking distance from the cruise port.
I stand corrected on that. I was there on a cruise ship stop several years ago and things either changed or I never noticed it in the first place.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
October 1st, 2018 at 6:04:08 PM
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You can swing by the Riviera del Pacifico in Ensenada which was a casino that saw its peak during the Prohibition. Pay attention to the ceiling of the main gambling floor (which is smaller than some bathrooms I've been in...); there's some interesting architecture to compensate for the pre-camera era up there.
October 14th, 2018 at 2:32:13 PM
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Quote: RogerKintPuerto Vallarta has 2 casinos within a short walking distance from the cruise port.
The casino in the mall is more upscale, has a couple table games and many of the slot themes one would find in Vegas.
I found everyone to be very helpful there. A cocktail waitress spotted me trying to squish some pesos into a random slot in the machine and laughed. The machines don't take cash. Cash must be loaded onto a card at the cage. Ijole, gringo!
casino 1 block from walmart (near pier):
table games section was closed when I was there (around noon weekday)
casino in mall:
did not see any tables games at all.
did not play in either of the casinos.
no vp in either of the casinos :(
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
October 14th, 2018 at 3:10:00 PM
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Dude, the slots are denominated in pesos. At 20:1 exchange rate your expected loss is about the same as 9/6 JoB ;)
#kentrylogic
#livelavidaloca
#kentrylogic
#livelavidaloca
100% risk of ruin
October 14th, 2018 at 4:44:58 PM
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yeah, I should have.Quote: RogerKintDude, the slots are denominated in pesos. At 20:1 exchange rate your expected loss is about the same as 9/6 JoB ;)
#kentrylogic
#livelavidaloca
they have a new Lock It Link game that I haven't seen in the States called Piggy Bankin.
https://www.youtube.com/watch?v=DfwmIq7E9y0 (skip to 11min mark)
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
October 14th, 2018 at 9:32:53 PM
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what are the blackjack conditions like, and what % tax do they charge for table game wins?
October 15th, 2018 at 12:00:33 AM
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Quote: 100xOddsyeah, I should have.
they have a new Lock It Link game that I haven't seen in the States called Piggy Bankin.
https://www.youtube.com/watch?v=DfwmIq7E9y0 (skip to 11min mark)
The... end of the video, that's only 10:53 long?
I actually kind of like the look of that one, for some reason.
October 15th, 2018 at 10:37:28 AM
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whoops! was looking at another Lock It Piggy Bankin video.Quote: VenthusThe... end of the video, that's only 10:53 long?
I actually kind of like the look of that one, for some reason.
for the one I posted, skip to 2:30min mark.
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
January 20th, 2019 at 7:13:35 AM
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Quote: RogerKintPuerto Vallarta has 2 casinos within a short walking distance from the cruise port. The casino in the mall is more upscale, has a couple table games and many of the slot themes one would find in Vegas. I found everyone to be very helpful there. A cocktail waitress spotted me trying to squish some pesos into a random slot in the machine and laughed. The machines don't take cash. Cash must be loaded onto a card at the cage. Ijole, gringo!
PS didn't see ocean or desert theme game for you so it may not be worth the trip ;)
so I gambled at a Mexican casino.
there's a 15% tax on winnings when you cash out!
and they cheat you for more tax!
I loaded 6000 pesos on the card. it showed correctly as 6000 in the slot machine.
but they put me down as only buying in for 5000 so my profit is listed as 2000 instead of 1000.
I got charged 15% on an extra 1000 pesos!
so I got charged $8 usd more.
there was a language barrier and I gave up and just took the cash. :(
not worth the aggravation over $8.
don't expect to be gambling in mexico ever again!
Last edited by: 100xOdds on Jan 20, 2019
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
January 24th, 2019 at 8:55:15 AM
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hm.. thinking about the tax some more, the only thing I can think of is that they tax winnings without taking into account the loses before that win.
Example #1 (from my previous post above):
I bought in for 6000 pesos and drop to 4980.
then win 3000 pesos then lose 911 pesos.
4980 + 3000 = 7980
7980 - 911 = 7069
difference between 7069 and 4980 = 2089 pesos as the taxable amount
if true then Example #2:
now lets say I drop down to 4980 pesos and win 3000 then lose 2000.
4980 + 3000 - 2000 = 5980
taxable amount = 5980 - 4980 = 1000
in example #2, even though my cash out amount is less than the 6000 I originally bought in for, I still get taxed 15% on 1000 pesos.
if so, then it makes no sense to gamble in Mexico!!!
Extreme example:
buy in for 6000, go down to 1 peso then win 6000 and you cash out.
you are then taxed on 6000 even though you are break even for the session.
paying 15% x 6000 = 900 pesos :(
*IF* that's the way they tax slot/vp players in Mexican casinos, I now appreciate USA casinos much more
Example #1 (from my previous post above):
I bought in for 6000 pesos and drop to 4980.
then win 3000 pesos then lose 911 pesos.
4980 + 3000 = 7980
7980 - 911 = 7069
difference between 7069 and 4980 = 2089 pesos as the taxable amount
if true then Example #2:
now lets say I drop down to 4980 pesos and win 3000 then lose 2000.
4980 + 3000 - 2000 = 5980
taxable amount = 5980 - 4980 = 1000
in example #2, even though my cash out amount is less than the 6000 I originally bought in for, I still get taxed 15% on 1000 pesos.
if so, then it makes no sense to gamble in Mexico!!!
Extreme example:
buy in for 6000, go down to 1 peso then win 6000 and you cash out.
you are then taxed on 6000 even though you are break even for the session.
paying 15% x 6000 = 900 pesos :(
*IF* that's the way they tax slot/vp players in Mexican casinos, I now appreciate USA casinos much more
Last edited by: 100xOdds on Jan 24, 2019
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
March 4th, 2020 at 7:22:12 AM
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Update:Quote: 100xOddscasino 1 block from walmart (near pier):
table games section was closed when I was there (around noon weekday)
The above casino (Puerto Vallarta) used to exchange pesos back to USD. no longer. :(
that's probably why the $ to peso exchange rate is so bad now.
$1 = 17.5 peso
official rate is around $1 = 19.5 peso
that's a 10% fee!
i was told you can exchange pesos back to USD at the Walmart 1 block away.
No taxes were taken out when i cashed out at this casino.
In Cabo san Lucas on the other hand, i was told 7% taxes on wins are taken out.
This Cabo casino near the pier has an even worse exchange rate of $1 = 17 pesos. Don't know if they exchange pesos back to USD but it doesnt matter. (See below)
Fortunately at the Cabo pier, they have a money exchange place:
18.40 peso for $1 is a 5.6% fee but it's still better than the 10% at the casino.
If your bank refunds ATM fees and doesnt charge foreign conversion fees (ie: Capital One?), then i'm guessing the best way to get the best rate for your USD is to withdraw from an ATM.
Note: Do NOT pick 'dynamic currency conversion' option at the ATM!
Last edited by: 100xOdds on Mar 4, 2020
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
March 15th, 2022 at 7:46:47 PM
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Cabo has 2 casinos within walking distance of the cruise pier.
1) Casino Codere in the pier mall, 2nd floor
- Mall is on the other end of the pier
- Allow 30min walk. (20min to entrance + a few min in the mall to casino)
- Walk to escalator on other side of mall (see 1st pic)
- Walk through glass doors. It's on the left (pic)
2) Casino Playwin
- A couple of blocks from the pier
- It's probably closer to the cruise pier than Casino Codere
Note:
There's an immediate tax on profits when you cash out. (last pic. No idea what it says. You do the math.)
and If it's over 10k pesos (~$500 USD), you have to show ID and sign a form. (3rd pic)
Check the 'Yes' box.
Apparently in Mexico, you can't put $ directly into the machine.
- You MUST play with a players card.
- Guess that's how the gov't takes their cut from your profits
- Computer keeps track of your buy-in. So if you buy-in with 500 pesos, lose it, buy-in with 2000 pesos and win 400, there's no tax when you cash out.
1) Casino Codere in the pier mall, 2nd floor
- Mall is on the other end of the pier
- Allow 30min walk. (20min to entrance + a few min in the mall to casino)
- Walk to escalator on other side of mall (see 1st pic)
- Walk through glass doors. It's on the left (pic)
2) Casino Playwin
- A couple of blocks from the pier
- It's probably closer to the cruise pier than Casino Codere
Note:
There's an immediate tax on profits when you cash out. (last pic. No idea what it says. You do the math.)
and If it's over 10k pesos (~$500 USD), you have to show ID and sign a form. (3rd pic)
Check the 'Yes' box.
Apparently in Mexico, you can't put $ directly into the machine.
- You MUST play with a players card.
- Guess that's how the gov't takes their cut from your profits
- Computer keeps track of your buy-in. So if you buy-in with 500 pesos, lose it, buy-in with 2000 pesos and win 400, there's no tax when you cash out.
Last edited by: 100xOdds on Mar 15, 2022
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
March 15th, 2022 at 7:54:34 PM
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Puerto Vallarta:
There's a tax to load $ onto your players card. :o :(
(Pic from Casino Life casino, right of Walmart)
There's a tax to load $ onto your players card. :o :(
(Pic from Casino Life casino, right of Walmart)
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
March 16th, 2022 at 6:14:41 PM
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Mazatlán
There are 3 casinos here:
1) Casino Codere (same as in Cabo San Lucas)
- It looks big on the outside but not alot of slots inside. There were a few tables but were closed
- Taxes are 16.5% of profit!! :(
---> And they shorted me my original buy in. It's supposed to be 2000 pesos, not 1620.
2) Monte Carlo
- Oldest casino in the city
- It was packed! I didnt play anything
- I took a pic of the nearest cross street for future reference. (it's on Cameron Sabalo, which is a main road)
3) Casino del Rey
- A couple of blocks away (0.2 miles) from Monte Carlo according to Google Maps
- Did not visit
There are 3 casinos here:
1) Casino Codere (same as in Cabo San Lucas)
- It looks big on the outside but not alot of slots inside. There were a few tables but were closed
- Taxes are 16.5% of profit!! :(
---> And they shorted me my original buy in. It's supposed to be 2000 pesos, not 1620.
2) Monte Carlo
- Oldest casino in the city
- It was packed! I didnt play anything
- I took a pic of the nearest cross street for future reference. (it's on Cameron Sabalo, which is a main road)
3) Casino del Rey
- A couple of blocks away (0.2 miles) from Monte Carlo according to Google Maps
- Did not visit
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
March 16th, 2022 at 6:55:04 PM
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Quote: 100xOdds
Note:
There's an immediate tax on profits when you cash out. (last pic. No idea what it says. You do the math.)
link to original post
(trimmed)
Did you get a subjective feel if the games were looser or tighter than elsewhere?
I'm choosing to translate Redondeo as "Breakage".
May the cards fall in your favor.
March 17th, 2022 at 10:23:10 AM
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it was all over the place.Quote: DieterQuote: 100xOdds
Note:
There's an immediate tax on profits when you cash out. (last pic. No idea what it says. You do the math.)
link to original post
(trimmed)
Did you get a subjective feel if the games were looser or tighter than elsewhere?
I'm choosing to translate Redondeo as "Breakage".
link to original post
Got a double big bubble in OMG.
wiffed on all 8 plays on Magic girl at various denoms (column of same char turns wild on next spin). In my home casino, i might wiff 1 out of every 3 plays.
Jungle tiles: $0 and no additional free games, 30+ free games but didnt pay much, 10 additional free games but got 3 columns of wilds on one of the spins and made $$$. (All on same machine.)
Last edited by: 100xOdds on Mar 17, 2022
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
March 17th, 2022 at 5:35:15 PM
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but the tax on profits isn't as bad a Mazatlan:Quote: 100xOddsPuerto Vallarta:
There's a tax to load $ onto your players card. :o :(
(Pic from Casino Life casino, right of Walmart)
link to original post
im assuming 1794 is the profit So my initial buy-in is 1507, which is the amount AFTER the buy-in tax. (see pic i quoted)
geez.. Puerto Vallarta govt Nickle and diming me.
Last edited by: 100xOdds on Mar 17, 2022
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
March 17th, 2022 at 5:42:56 PM
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Also in Puerto Vallarta is Winclub Platinum casino:
It's about 2 miles north of Walmart/Sam's. (Casino Life is 1 block south of Walmart.)
I gave cashier 2000 pesos and this is what showed when I put my card in the machine:
5% fee to load.
Wonder why it's slightly higher here than Casino Life?
It's about 2 miles north of Walmart/Sam's. (Casino Life is 1 block south of Walmart.)
I gave cashier 2000 pesos and this is what showed when I put my card in the machine:
5% fee to load.
Wonder why it's slightly higher here than Casino Life?
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
April 9th, 2022 at 7:28:02 AM
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Quote: 100xOddsQuote: RogerKintVallarta has 2 casinos within a short walking distance from the cruise port.
The casino in the mall is more upscale, has a couple table games and many of the slot themes one would find in Vegas.
I found everyone to be very helpful there. A cocktail waitress spotted me trying to squish some pesos into a random slot in the machine and laughed. The machines don't take cash. Cash must be loaded onto a card at the cage. Ijole, gringo!
casino 1 block from walmart (near pier):
g]
table games section was closed when I was there (around noon weekday)
casino in mall:
g]
did not see any tables games at all.
did not play in either of the casinos.
no vp in either of the casinos :(
link to original post
There are several casinos along Mexican Riviera, but the major ones located in Puerto Vallarta, Mazatlán and Cabo San Lucas. Many of the popular bars and nightclubs of Puerto Vallarta are connected to the casinos. This is because many tourists, particularly the ones from the United States, come to these places to try their luck at the gaming tables.
April 10th, 2022 at 5:19:03 PM
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Thanks, 100xOdds, for the updates/new info. It seems that each casino has a different rate AND a different accounting format! Makes it tougher to compare (by design perhaps). I get that each state could have a different rate, but seeing what seemed like different rates within the same city is confusing. Makes me wonder if that’s why one place was packed (Mazatlan) and the other not. Was the busy casino where you didn’t/couldn’t play full of tourists or locals? Thanks again!
It’s a dog eat dog world.
…Or maybe it’s the other way around!
April 10th, 2022 at 10:32:22 PM
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Quote: camaplThanks, 100xOdds, for the updates/new info. It seems that each casino has a different rate AND a different accounting format! Makes it tougher to compare (by design perhaps). I get that each state could have a different rate, but seeing what seemed like different rates within the same city is confusing. Makes me wonder if that’s why one place was packed (Mazatlan) and the other not. Was the busy casino where you didn’t/couldn’t play full of tourists or locals? Thanks again! Read More
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I too agree with you.
April 11th, 2022 at 6:39:46 AM
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For Matalan, the packed casino is in the downtown area so i guess mostly locals. (i dont remember seeing many white people in there.)Quote: camaplThanks, 100xOdds, for the updates/new info. It seems that each casino has a different rate AND a different accounting format! Makes it tougher to compare (by design perhaps). I get that each state could have a different rate, but seeing what seemed like different rates within the same city is confusing.
Makes me wonder if that’s why one place was packed (Mazatlan) and the other not. Was the busy casino where you didn’t/couldn’t play full of tourists or locals? Thanks again!
link to original post
The one i played in was across the street from a beach.
I don't know if casinos in Mazatlan charge different rates for loading $ onto players card. I only played in 1.
Did I mention Cabo charges any fee to load $? (Off the top of my head, i don't remember them charging me a fee to load.)
I only experienced the loading fee in PV.
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
April 11th, 2022 at 4:11:14 PM
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Right, the loading fees would/could explain the differences within each city.
Aside from these fees win or lose and then automatic taxes for “wins”, I wouldn’t be surprised if there is a mix of classes in the machines being offered. Unless we find otherwise due to some sort of gaming control, who’s to say they don’t buy a mix of Class II, Class III, VLT’s …whatever they can get their hands on. Gambler beware!
Aside from these fees win or lose and then automatic taxes for “wins”, I wouldn’t be surprised if there is a mix of classes in the machines being offered. Unless we find otherwise due to some sort of gaming control, who’s to say they don’t buy a mix of Class II, Class III, VLT’s …whatever they can get their hands on. Gambler beware!
It’s a dog eat dog world.
…Or maybe it’s the other way around!
September 3rd, 2022 at 9:45:12 AM
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When you load money into your card there is a 8% tax right away. Then they tax whatever you win about 10% also if you do win. There is still advantage play opportunities even considering all that.
March 15th, 2023 at 4:32:13 PM
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Puerto Vallarta update:Quote: Sulfur5989When you load money into your card there is a 8% tax right away. Then they tax whatever you win about 10% also if you do win. There is still advantage play opportunities even considering all that.
link to original post
Load $ fees onto player card is 4.4% (casino Life) and 5% (Winclub).
1.5 miles apart so no idea why different fee %.
There were locals checking the machines at Winclub when I was there.
Did not goto the casino in the mall
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
March 15th, 2023 at 4:41:43 PM
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Quote: 100xOddsPuerto Vallarta update:Quote: Sulfur5989When you load money into your card there is a 8% tax right away. Then they tax whatever you win about 10% also if you do win. There is still advantage play opportunities even considering all that.
link to original post
Load $ fees onto player card is 4.4% (casino Life) and 5% (Winclub).
1.5 miles apart so no idea why different fee %.
There were locals checking the machines at Winclub when I was there.
Did not goto the casino in the mall
link to original post
Do they charge a fee to cash out?
At my age, a "Life In Prison" sentence is not much of a deterrent.
March 16th, 2023 at 5:06:21 AM
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Quote: DRichQuote: 100xOddsPuerto Vallarta update:Quote: Sulfur5989When you load money into your card there is a 8% tax right away. Then they tax whatever you win about 10% also if you do win. There is still advantage play opportunities even considering all that.
link to original post
Load $ fees onto player card is 4.4% (casino Life) and 5% (Winclub).
1.5 miles apart so no idea why different fee %.
There were locals checking the machines at Winclub when I was there.
Did not goto the casino in the mall
link to original post
Do they charge a fee to cash out?
link to original post
Only if you won. The original money you put in won't get taxed. So let say load 2000MXN, so you will have around 1850 on your card to play. you win 1000, you go to cash out 2850. You will get taxed 10% of 1000, you will get back 2750MXN
March 16th, 2023 at 1:14:44 PM
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Casino Codere (Mazatlan):Quote: DRich
Do they charge a fee to cash out?
link to original post
No loading fee.
Loaded 500, lost 50 overall then added 500 for $950 because I saw a play at $7/spin.
Went all the way down to like $20 then a wave of wins.
Cashed out 1800 so tax on 850 profit, right? Nope.
They had my initial balance at $810 so 990 profit.
Taxed 163 so 16.5% tax. :(
No idea how they came up with 810 unless I went down to 310 in my initial buy-in before going up to 450.
But I don't think I dropped below 400.
Sidenote:
There's a casino codere in Cabo. I left $ on that card.
The card for codere Mazatlan looks exactly the same.
I put in the codere Cabo card hoping to avoid a load fee (which I later find out there isn't any).
It read $0.
I loaded $ into the codere Maz card and it read 500 on the slot screen.
Maybe I have the same account # like Caesar's casinos for multiple locations especially since I used the same passport?
so I put in the codere Cabo card thinking it'll also have 500. Nope, read $0.
So I'm going to assume I could have loaded $ onto the codere Cabo card and it'll segregate the amounts by city?
Thus I don't need to keep 2 separate cards?
Last edited by: 100xOdds on Mar 16, 2023
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
March 16th, 2023 at 3:09:38 PM
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if you leave money on the cards longer than 15-30 days depending on the casino they take it. i do this too to evade some taxes but i always make sure to visit at least once every 10 days. I believe the cards are always location specific.
March 17th, 2023 at 2:10:56 AM
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Quote: Sulfur5989if you leave money on the cards longer than 15-30 days depending on the casino they take it. i do this too to evade some taxes but i always make sure to visit at least once every 10 days. I believe the cards are always location specific.
link to original post
Are these "smart cards" with chip contacts, or mag-stripe cards?
May the cards fall in your favor.
March 17th, 2023 at 5:27:23 AM
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Where I play (Riviera Maya) they are mag strip.
March 17th, 2023 at 10:01:36 AM
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Quote: Sulfur5989Where I play (Riviera Maya) they are mag strip.
link to original post
I don't think it particularly matters; I just get curious about these things.
May the cards fall in your favor.
March 17th, 2023 at 12:58:51 PM
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Quote: Sulfur5989Where I play (Riviera Maya) they are mag strip.
link to original post
When I started they were Hollerith
At my age, a "Life In Prison" sentence is not much of a deterrent.
March 21st, 2023 at 4:26:01 PM
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Col 5 tiles removed.
I lost $ removing the other 16.
Bad variance or not a play?
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
March 22nd, 2023 at 5:06:11 AM
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I always play thoses. In fact usually i do better with thoses 16 than 2 on the 5th column
March 23rd, 2023 at 10:32:14 AM
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Puerto Vallarta: Casino at the mall changed it's name from Crown casino to Casino CentralQuote: 100xOddsCasino in mall:
link to original post
But google maps still has it listed as Crown casino.
Load fees 4.4% (Same as Casino Life)
Don't understand what this "Deposit Other' means?
This casino is clean, bright, and a mix of must hits, old playable games, and fruit games.
Found a few of these at high denom (.25 cents) at bet levels between $50/spin to $150/spin.
Had bad variance. Lost $ on each of these plays.
Put in $4k. Cashed out $400. :(
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
March 29th, 2023 at 7:30:38 PM
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Winclub (Puerto Vallarta) has 5% load fee vs 4.4% for the other 2 in the same city.
Loaded $1k, 950 on card.
Went down to 600 then cashed out at around 1525.
Tax:
950+588 is 1538.
Close enough I guess to my cash out amount. (Or just coincidence?)
Tax on profit is 6.9%.
Combined fees is 11.9%, which is better than Mazatlan 16.5% profit tax but no load fee.
So pv is better for ap's and Mazatlan better for ploppies :)
Loaded $1k, 950 on card.
Went down to 600 then cashed out at around 1525.
Tax:
950+588 is 1538.
Close enough I guess to my cash out amount. (Or just coincidence?)
Tax on profit is 6.9%.
Combined fees is 11.9%, which is better than Mazatlan 16.5% profit tax but no load fee.
So pv is better for ap's and Mazatlan better for ploppies :)
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
April 4th, 2023 at 2:57:47 PM
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No load fees in Cabo.Quote: 100xOddsDid I mention Cabo charges any fee to load $? (Off the top of my head, i don't remember them charging me a fee to load.)
I only experienced the loading fee in PV.
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Codere casino showed me the receipt and the taxes I paid on profit but wouldn't give me a copy nor allow pics.
Loaded 500 peso onto card but they had my starting point around 375. Guess I dropped down to 375 before I went to another machine and started winning?
This is my cash out:
Paid out 1300 exactly so 974profit and 174 tax.
174/974 is 17.9% tax.
But if starting point is 375 then it's 1100 profit.
174/1100 is 15.8% tax
Last edited by: 100xOdds on Apr 4, 2023
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
April 4th, 2023 at 3:44:14 PM
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PlayWin casino (Cabo) cash out:
Buy-in $1k and receipt says $1k thus profit is 1700.
(Didn't give me a copy of receipt).
Got paid 2600 so 100 tax.
100/1700 is 5.9% tax.
Holy huge difference in taxes between the 2 Cabo casinos! (And they are about 1 mile apart)
Buy-in $1k and receipt says $1k thus profit is 1700.
(Didn't give me a copy of receipt).
Got paid 2600 so 100 tax.
100/1700 is 5.9% tax.
Holy huge difference in taxes between the 2 Cabo casinos! (And they are about 1 mile apart)
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
