pacomartin
pacomartin
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October 28th, 2014 at 12:53:07 AM permalink
Casino Sep 2013 Sep 2014 Change
Golden Nugget $10,730,551 $16,272,358 51.65%
Borgata $51,757,951 $58,471,400 12.97%
Harrah's $29,529,835 $31,278,198 5.92%
Caesars $23,832,289 $26,112,416 9.57%
Caesars Interactive $2,663,968
Bally's AC $20,077,557 $19,625,079 -2.25%
Tropicana $20,253,292 $23,446,805 15.77%
Resorts $11,586,732 $11,581,961 -0.04%
Trump Taj Mahal $22,688,693 $17,503,951 -22.85%
Trump Plaza $6,408,878 $767,870 -88.02%
Showboat $16,147,925 $0 -100.00%
Revel $14,881,769 $0 -100.00%
Atlantic Club $12,334,066 $0 -100.00%
Total AC $240,229,538 $207,724,006 -13.53%
Total 8 casinos $190,456,900 $206,956,136 +8.66%
Total Boardwalk $148,211,201 $101,702,050 -31.38%
Total Back 3 casinos $92,018,337 $106,021,956 +15.22%
Total Ceasars Inc. $89,587,606 $79,679,661 -11.06%


While PA is clearly ahead of NJ now in gaming, the amount ahead is not as vast as you might think (about 15%). PA is where Atlantic City was last year. Now PA is starting to drop as the slots are not doing as well.

Pennsylvania Sep 2014 AC Sep 2013 AC Sep 2014
$239,515,259 $240,229,538 $207,724,006
Artemis
Artemis
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January 9th, 2015 at 8:26:51 PM permalink
Who says AC casino hotels don't offer good and free room deals anymore?

Here's one of them:

Forget about the temporarily defunct Revel! Go for GN. It offers 3 free nights per week!

Hmm... I wonder if another AC casino will beat GN's offer, i.e., Borgata, Harrah's, or Tropicana, etc... perhaps?

BTW, GN pops up its winnings by 78% (see below for details). Could the excellent perks (i.e., free rooms) be one of the reasons for the 78% increase?
I'm OK with Corps which pick and choose clienteles. Both insurance companies and casinos have the right to pick and choose customers. They may keep profitable ones and kicked out the rest. But, I'm not OK with a casino supervisor who says counting cards... is like stealing food from a buffet (a foodlifting offense), or video-taping a movie in a cinema (a piracy offense).
MrsHeartRN
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January 10th, 2015 at 1:32:24 PM permalink
I saw that. I'm happy for them. Golden Nugget marketing seems to be working with their card matching one tier status higher, targeting the over 50 crowd with specials during the week and great live music in their lounges and great Happy Hours at most restaurants 5 nights a week. The deck in the summer is a lot of fun with live music. They are generous with their comped show tickets, I've seen some really great shows this year. They've done a great job in their room renovations, clean and modern. Still a little stingy with their Saturday night comps though. Many of the things we've been asking an Atlantic City casino to do, they've done.
You only go around once, but if you play your cards right, once is enough.” ¯ Francis Albert
sodawater
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January 10th, 2015 at 2:02:42 PM permalink
Quote: MrsHeartRN

I saw that. I'm happy for them. Golden Nugget marketing seems to be working with their card matching one tier status higher



"One tier higher" at the Golden Nugget is like two tiers lower at a real resort
Artemis
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January 10th, 2015 at 5:57:15 PM permalink
Quote: MrsHeartRN

I saw that. I'm happy for them. Golden Nugget marketing seems to be working with their card matching one tier status higher, targeting the over 50 crowd with specials during the week and great live music in their lounges and great Happy Hours at most restaurants 5 nights a week. The deck in the summer is a lot of fun with live music. They are generous with their comped show tickets, I've seen some really great shows this year. They've done a great job in their room renovations, clean and modern. Still a little stingy with their Saturday night comps though. Many of the things we've been asking an Atlantic City casino to do, they've done.



Hey, you should be the spokesperson for AC players. When MrsHearRn speaks, GN listens:-)


Quote: sodawater

"One tier higher" at the Golden Nugget is like two tiers lower at a real resort




The truth of the tasting is in the pudding. Regardless of "tiers" (i.e., Taj's black vs GN's black), GN offers a free room for 3 nights and the $5 lunch buffet. No Taj nor other AC casinos can beat GN's perks/offers right now.
I'm OK with Corps which pick and choose clienteles. Both insurance companies and casinos have the right to pick and choose customers. They may keep profitable ones and kicked out the rest. But, I'm not OK with a casino supervisor who says counting cards... is like stealing food from a buffet (a foodlifting offense), or video-taping a movie in a cinema (a piracy offense).
Gandler
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January 10th, 2015 at 6:07:43 PM permalink
Quote: Artemis

Who says AC casino hotels don't offer good and free room deals anymore?

Here's one of them:

Forget about the temporarily defunct Revel! Go for GN. It offers 3 free nights per week!

Hmm... I wonder if another AC casino will beat GN's offer, i.e., Borgata, Harrah's, or Tropicana, etc... perhaps?

BTW, GN pops up its winnings by 78% (see below for details). Could the excellent perks (i.e., free rooms) be one of the reasons for the 78% increase?



Tropicana does this and has for at least the last year and a half (and year round).
And its fairly easy to get more than 3 nights a week lots of the year if you play while you are there and request it (especially in the offseason).
Intheknow
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January 10th, 2015 at 6:11:15 PM permalink
The offer shows they can't sell the rooms.
7star4now
7star4now
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January 10th, 2015 at 6:40:47 PM permalink
Quote: Intheknow

The offer shows they can't sell the rooms.



BOB IS BACK DAY 2!

Bob to DaVinci re Mona Lisa- you couldn't afford a model with teeth?
Mission146
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January 10th, 2015 at 7:27:26 PM permalink
Quote: Intheknow

The offer shows they can't sell the rooms.



When? Sunday-Thursday? Yeah, them or many of the casinos in Vegas or any of the other casinos in AC (except maybe Borgata) or any other casinos anywhere in the country.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
ECoaster
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January 10th, 2015 at 7:35:57 PM permalink
Quote: Artemis

GN offers a free room for 3 nights and the $5 lunch buffet. No Taj nor other AC casinos can beat GN's perks/offers right now.



My friends play all over AC and their offers from the other casinos are almost always better than GN when it comes to rooms and food. On top of that, the GN buffet really isn't very good.

They do, however, have the best hot tub / fire pit area in AC--- which is kind of weird since they're definitely known as an older crowd casino.
Intheknow
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January 10th, 2015 at 7:39:43 PM permalink
Quote: Mission146

When? Sunday-Thursday? Yeah, them or many of the casinos in Vegas or any of the other casinos in AC (except maybe Borgata) or any other casinos anywhere in the country.



Yes, obviously.
Mission146
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January 10th, 2015 at 7:55:52 PM permalink
Quote: Intheknow

Yes, obviously.



Exactly, but your post seemed to come off as detrimental to them because they can't sell the rooms. They can't, so they're doing the smart thing knowing that the Expected Loss of the average customer getting free rooms will exceed the cost of providing the room to the customer...which wouldn't take much. Since there's no opportunity cost (they wouldn't be selling it anyway), as a hotel manager, I want to say the cost of providing three nights to the customer, for free, is maybe about $20-$30.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
Intheknow
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January 10th, 2015 at 8:38:27 PM permalink
It was meant to be detrimental to them and the City of Atlantic City. If The Casino across the street can sell rooms mid-week why can't they? They must be deficient in some way.
7star4now
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January 10th, 2015 at 8:46:00 PM permalink
Beep Beep Beep

This is a real emergency -not a drill.

The Wizard's proprietary advance warning system has detected a topical disturbance on, or near , poster ID "InTheKnow"(aka BOB Roberts).

This system has the potential to create a Vortex, capable of sucking in posters, administators, women, children & small farm animals.

Please approach Topical Storm Bob with caution.

EOM
Mission146
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January 10th, 2015 at 8:47:42 PM permalink
Quote: Intheknow

It was meant to be detrimental to them and the City of Atlantic City. If The Casino across the street can sell rooms mid-week why can't they? They must be deficient in some way.



The Trump Taj Mahal can't sell rooms mid-week, and GN is curb-stomping them in gaming revenue. Resorts can't sell the rooms, curb-stomp.

Just look at their revenue growth percentage compared to every other casino in AC this year, I take absolutely nothing away from GN or their marketing department. Numbers do a lot of things, but lying is not one of them. They've capitalized on the closures of other casinos and are driving revenues as a result.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
Intheknow
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January 10th, 2015 at 9:01:08 PM permalink
Revenue growth percentage? Oh boy. I guess less negative is better then more negative.

I have nothing against GN.
Mission146
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January 10th, 2015 at 9:05:38 PM permalink
Quote: Intheknow

Revenue growth percentage? Oh boy. I guess less negative is better then more negative.

I have nothing against GN.



Percentage, revenue growth in $$$, doesn't matter which standard you use, GN is crushing it.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
coachbelly
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January 10th, 2015 at 9:10:50 PM permalink
The page offering free rooms appears to be part of the GN's monthly mailer to their card holders.

Those offers are based on previous casino play, note that the offer says "Your exclusive room offer"... it was directed and mailed to someone who had a history of play that warranted a free room offer.

It doesn't mean that the GN can't sell rooms...it means that they have extended a free room offer to whoever received the mailer that was shown.

I'm not aware that the GN offers comped rooms without previous play...play enough and every joint in AC will offer you free rooms Sunday-Thursday, the same as Vegas or anywhere else (exclusions apply).
sodawater
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January 10th, 2015 at 9:57:20 PM permalink
I am trying to decide how much the Golden Nugget AC would have to pay me per night to stay in that shithole. It wouldn't be less than 3 figures.
Mosca
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January 10th, 2015 at 10:30:49 PM permalink
Quote: Mission146

When? Sunday-Thursday? Yeah, them or many of the casinos in Vegas or any of the other casinos in AC (except maybe Borgata) or any other casinos anywhere in the country.




We got a Fiore suite at Borgata for the 14th/15th/16th of December. I play red chips, Mrs plays penny slots. Typically we get a choice of Classic or Club room, our current offer doesn't include the suite, but we do get it offered a few times a year,
A falling knife has no handle.
MrsHeartRN
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January 10th, 2015 at 10:35:12 PM permalink
I can respect all your thoughts and deductions about the Golden Nugget and I am in no way implying that the Golden Nugget is anything more than what it is. They've done a nice job in turning the "moldy" Trump Marina around.

I for one like a casino where I win and I have had some more winning sessions at the Golden Nugget than anywhere else in the past year or so. That alone makes me have a positive spin on the GN. I'm a gambler and when I come to AC I like to gamble. If I want luxury, I'd go someplace where I could put my toes in the sand and the water's crystal clear. (and it not AC, lol) All I need a clean room and casino, to feel safe wile I gamble through the night, variety of machines and decent places to eat for my 2 nights. GN fits that bill for me.

I love the Borgata's atmosphere and amenities but heck I can hit the side of a barn in that place and that's been like that for years. Each time I stay there or visit my money goes poof..... I like to play 3 card along with slots. and for about a year they had those terrible side bets and lowered the payouts. You can only take losing at a casino for so long before you sign off on it.

As I said earlier, I've been a Taj regular for years and the main reason? I win there, not always but more than other casino's I've stayed with. As you know it's all cyclical, started with Showboat, then went to Resorts, the Borgata before settling in at the Taj.

Right now I'm in limbo, I'll go wherever I get a weekend room (CET properties are out, I'm only Platinum, Borgata's out, I'm only Red) I get weekend rooms at all the other casinos.
You only go around once, but if you play your cards right, once is enough.” ¯ Francis Albert
sodawater
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January 11th, 2015 at 12:44:27 AM permalink
MrsHeart,

If you want to win more often you should play better games and better bets. The cards don't know if they are inside the Taj or the Nugget or the Borgata. You mentioned 3CP, which is pretty terrible across the board.

It's silly to say you patronize a casino because you win there. Unless the game is fundamentally different (and none of them in AC are), this is just constructing false narratives.
MrsHeartRN
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January 11th, 2015 at 6:31:14 AM permalink
Soda, soda, soda. It might be silly to patronize a casino I win at, but call me silly. It might be silly but I tend to gravitate to slots and games I enjoy playing, again call me silly, I'm ok with that.

I'm sure there are better games and slots out there with better odds. I know this is a Wizard of ODDS forum. I've won big on 3 card and Let it Ride both in AC and Vegas and knock wood, I usually get at least 1 straight flush and one 3 of a kind per trip. I know the odds suck and I always do the sucker bet. Last Vegas trip I won $16,000 on LIR (SF) and $8,000 at 3 Card. I know that doesn't happen all the time but I usually come out with at least my buy in after hours and hours of play. I'm ok with that.

I do NOT like blackjack, I NEVER get the cards, it's just not enjoyable for me. I don't believe my personal experiences are considered false narratives, they are my personal honest feedback, and should to be taken as such.

BTW, can you suggest better games and better bets that I might try other than Blackjack?
You only go around once, but if you play your cards right, once is enough.” ¯ Francis Albert
darkoz
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January 11th, 2015 at 6:51:05 AM permalink
Quote: sodawater

MrsHeart,

If you want to win more often you should play better games and better bets. The cards don't know if they are inside the Taj or the Nugget or the Borgata. You mentioned 3CP, which is pretty terrible across the board.

It's silly to say you patronize a casino because you win there. Unless the game is fundamentally different (and none of them in AC are), this is just constructing false narratives.



I, too will gravitate towards a casino I tend to win more at. Do I understand the cards (or roulette ball in my case) don't know where they are located? Of course I do.

But it comes down to how many times should I stay in a place if I lose so often when I win more at the other. Even if it boils down to random luck, I'd rather go where that luck is hitting me.

There are other reasons that are more practical for staying in a place you have had past winning streaks in. One is that, because of those higher win rates, I was able to show longer play there and that has resulted in higher comps so now I feel more wanted at that property and the extra free-play and higher table match-plays have contributed to more winning versus losing.

So there is something to the whole thing.
For Whom the bus tolls; The bus tolls for thee
bw
bw
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January 11th, 2015 at 6:57:53 AM permalink
Borgata got rid of the stupid linked progressives now on the 3 card poker and other table games, and again offers 100:1 payout for a mini royal on 3 card.
MrsHeartRN
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January 11th, 2015 at 7:37:34 AM permalink
Thanks bw, I was there recently and saw that. Many played 3 card at the Borgata for that 100:1 mini royal payout. Those 3 card tables were empty for a very long time. I used to get mini royals all the time UNTIL they started the higher payouts on them, since they started I haven't hit one. lol

I know its bad odds but I like playing 3 card at the GN (sorry to go back there again) it's the only casino in AC where you can play more on the Pair Plus spot. You can do that in Vegas and at MS in CT. I think it's not in favor of the casino or you'd be able to do that at other casino's in AC, but I'm not certain. When the GN has $5 tables I play $25 on the PP spot and I've hit some really good hands. I have a potential to get a nice hit for around the same money as it would be if I was playing a $10 table. I like the ability to up and lower my bets dependent on if I'm getting good cards so my bankroll can last longer.

I was staying there the days that stupid progressives started. Some guy was playing that bonus and hit 4 of a kind for $1,000 and had to fill out a W2. ( know table w2's are based on progressive side bet odds). The payouts reminded me of Caribbean Stud payouts, the F's (flush, full house, four of a kind, etc.) He was livid and threw after he got paid out, threw his Borgata card at the pit boss and walked out vowing to never play at the Borgata again.
You only go around once, but if you play your cards right, once is enough.” ¯ Francis Albert
AxelWolf
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January 11th, 2015 at 8:15:51 AM permalink
Quote: MrsHeartRN



BTW, can you suggest better games and better bets that I might try other than Blackjack?

You might try Video Poker(some can be fun), the pay table dictates how well you will do overall. It's not like that with slots, 2 machines that look exactly the same can have different long term paybacks. Im not sure exactly how often 2 different casinos actually have different settings on the same type of slot in competing markets. For instance... take a Family Guy slot machine, it's probably set to hold 14% on average(atrocious). I would assume it's the same % at the casinos down the street. Again, I'm just assuming. Maybe Drich or someone in the know could shed some light on this.

I know casinos Downtown Vegas and local casinos have overall better paybacks compared to the strip, but Video poker is calculated into that as well, and the strip tends to have more of the big name star/TV/movie themed, expensive slots.

I used to use the 10% hold rule on slots (unless I know better), but nowadays that seems to low its more like 14%(greedy bastards).
---------------------------------------------------------------------------
FYI GN has $1 9/6 JOB 99.54% return, however they are stingy on the comps when playing the 9/6. You should vastly make up for the comps in money saved per hr compared to slots.

Assuming 800 spins per hr on slots, at $1 a spin, that is costing you about $112 in value (OUCH!).

You can play 800 hands of 9/6 JOB at $5 a hand and you only lose about $18.

9/6 is a bit boring, but you can easily find some fun VP games that are less than 3% disadvantage with good comps/perks.

They have some VP machines that have double up, thats a break even bet.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
MrsHeartRN
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January 11th, 2015 at 8:33:55 AM permalink
Thanks AxelWolf, I do play VP and I know the 9/6 JOB are getting harder and harder to find. I have played the 9/6 JOB in the high limit room at the GN. I play $1 machines. I know the theoretical odds, and your calculations on playing 800 hands at $5 a hand look great on paper but I've never been able to play 800 hands at $5 and come out only losing $18 in many years of playing VP on a 9/6 JOB. As you said, it's a little boring playing only one type of machine for 2 days but I guess that's what you have to do to even hope to reach that outcome.

I don't know about different settings on the same machine in different casinos but I was told by multiple hosts in various casino's that ADT and comps accumulate differently dependent on which slots you play.
You only go around once, but if you play your cards right, once is enough.” ¯ Francis Albert
Dicenor33
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January 11th, 2015 at 9:46:25 AM permalink
GN has the best craps at AC. Mostly seasoned players, game conducted at comfortable pace, tables are semi full, nobody annoys you of how the dice should be thrown. Tables have a nice padding, decent rolls are pretty common.
Mosca
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January 11th, 2015 at 10:31:03 AM permalink
Quote: MrsHeartRN



I know its bad odds but I like playing 3 card at the GN (sorry to go back there again) it's the only casino in AC where you can play more on the Pair Plus spot. You can do that in Vegas and at MS in CT. I think it's not in favor of the casino or you'd be able to do that at other casino's in AC, but I'm not certain. When the GN has $5 tables I play $25 on the PP spot and I've hit some really good hands. I have a potential to get a nice hit for around the same money as it would be if I was playing a $10 table. I like the ability to up and lower my bets dependent on if I'm getting good cards so my bankroll can last longer.

I was staying there the days that stupid progressives started. Some guy was playing that bonus and hit 4 of a kind for $1,000 and had to fill out a W2. ( know table w2's are based on progressive side bet odds). The payouts reminded me of Caribbean Stud payouts, the F's (flush, full house, four of a kind, etc.) He was livid and threw after he got paid out, threw his Borgata card at the pit boss and walked out vowing to never play at the Borgata again.



Pairs Plus is actually a far worse bet. But Paigowdan explained why they still don't allow the higher bet: when players hit it, they would often cash out and leave after a couple more hands.

If you've been playing 3 Card a while, you might remember when the pay table was 40/30/6/4/1; that was actually pretty good. The flush went to 3 in part to counter players leaving after a big win.

The best Pairs Plus bet in the world is on Let It Ride at Borgata: 50 for the mini Royal, and 40/30/6/4/1 for the other bets, and they'll let you bet 10 on the spots and at the same time up to 100 on the 3 Card bet. The house edge on that bet is just a hair over 2%, which is better than playing badly at blackjack.

And finally, PA casinos will let you play just the Pair Plus and $1 progressive. They understand the edge. (About 7.5% on Pairs Plus at 40/30/6/3/1, and about 25% on the progressive.)
A falling knife has no handle.
sodawater
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January 11th, 2015 at 12:08:36 PM permalink
Quote: MrsHeartRN


BTW, can you suggest better games and better bets that I might try other than Blackjack?



Craps: Line bets with odds
Baccarat: Banker or Player

Both the easiest games to learn, and far, far, far lower house edge than LIR or 3CP.
sodawater
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January 11th, 2015 at 12:08:58 PM permalink
Why was this thread about Atlantic City moved to

Home » Forums » Las Vegas Casinos » Silver Nugget

??
beachbumbabs
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January 11th, 2015 at 1:30:43 PM permalink
Quote: MrsHeartRN

Thanks bw, I was there recently and saw that. Many played 3 card at the Borgata for that 100:1 mini royal payout. Those 3 card tables were empty for a very long time. I used to get mini royals all the time UNTIL they started the higher payouts on them, since they started I haven't hit one. lol

I know its bad odds but I like playing 3 card at the GN (sorry to go back there again) it's the only casino in AC where you can play more on the Pair Plus spot. You can do that in Vegas and at MS in CT. I think it's not in favor of the casino or you'd be able to do that at other casino's in AC, but I'm not certain. When the GN has $5 tables I play $25 on the PP spot and I've hit some really good hands. I have a potential to get a nice hit for around the same money as it would be if I was playing a $10 table. I like the ability to up and lower my bets dependent on if I'm getting good cards so my bankroll can last longer.

I was staying there the days that stupid progressives started. Some guy was playing that bonus and hit 4 of a kind for $1,000 and had to fill out a W2. ( know table w2's are based on progressive side bet odds). The payouts reminded me of Caribbean Stud payouts, the F's (flush, full house, four of a kind, etc.) He was livid and threw after he got paid out, threw his Borgata card at the pit boss and walked out vowing to never play at the Borgata again.



I don't know why the pair plus bet is capped by your ante bet in AC, but those bets are independent of each other. Each has a paytable and expectation and could be offered without the other. I've been to places where they don't require you to play the ante at all; you can play PP blind. So maybe AC has a reason (like game protection), or maybe they're victims of a flawed understanding of the game.

Not going to take the time to look it up right now, but the base game for 3Card is around 2% HE, and the sidebet is a little over 5% on the most common paytable.
If the House lost every hand, they wouldn't deal the game.
ECoaster
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January 11th, 2015 at 6:40:44 PM permalink
Quote: MrsHeartRN

When the GN has $5 tables I play $25 on the PP spot and I've hit some really good hands. I have a potential to get a nice hit for around the same money as it would be if I was playing a $10 table.



It's not the same money because if you play more (say $10 and up) on the ante (a much better bet) your long term cost of the game will be less... but I get it. You're there a short time and it's a negative expectation game no matter what-- so the bonus games hold the potential thrill of a high ratio payout if you happen to to get one of the big hands. Over time, of course, you'll lose more that way if you don't stop playing (forever) after a big hit or two.

It's the same thing with the progressives and the 6 card bonus bets... the casinos aren't exactly installing them because they decided they weren't paying out enough on 3CP. And yet, people go nuts for it and the dealers tell the players that they should make that bet because "that's where the money is".
DRich
DRich
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January 12th, 2015 at 10:19:51 AM permalink
Quote: AxelWolf

For instance... take a Family Guy slot machine, it's probably set to hold 14% on average(atrocious). I would assume it's the same % at the casinos down the street. Again, I'm just assuming. Maybe Drich or someone in the know could shed some light on this.



You may find some small 2% fluctuations from downtown to the strip on the newer "fancier" games. The games with the large multi casino progressives will tend to have less fluctuations because the manufacturers will recommend the percentage.
At my age, a "Life In Prison" sentence is not much of a deterrent.
7star4now
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January 12th, 2015 at 1:35:10 PM permalink
Quote: DRich

You may find some small 2% fluctuations from downtown to the strip on the newer "fancier" games. The games with the large multi casino progressives will tend to have less fluctuations because the manufacturers will recommend the percentage.



I'm sure the Wizard has written about this, but from what I've read , one of the biggest myths players have is that the same slot game (ex Family Guy) will have roughly the same payback across all machines & casinos

Here's an example, in one one jurisdiction, where the payback for a machine is 96.3% & an identical looking machine is 85%.

As far as I've read, AC allows multiple versions of the same slot machine game in the same casino,with the major difference between versions being the payback percentage.

"Multiple approved versions of the same game
As shown in Table 1, Ontario approves multiple versions of the same slot machine game,
with the major difference between versions being the payback percentage. The
differences in payback percentages have a direct effect on playing time. In Lobstermania,
a player wagering $1.00 per spin would lose, on average, 3.8 cents per spin on the 96.2%
game and 15 cents per spin on the 85% game. Thus, the player loses approximately four
times more money per spin on the 85% game than on the 96.2% game (15 ÷ 3.8 = 3.95).
A player arriving with a "bankroll" of $10.00 and wagering $1.00 per spin, who gambles
until the bankroll is depleted, would make, on average, 263 one-dollar wagers on the
96.2% game ($10.00 ÷ $0.038 = 263), but only 67 one-dollar wagers on the 85% game
($10.00 ÷ $0.15 = 66.7); thus a player with a specific bankroll would have approximately
four times more gambling time on the 96.2% version versus the 85% version (263 ÷ 66.7
= 3.95). "

http://stoppredatorygambling.org/wp-content/uploads/2012/12/PAR-Sheets-Probabilities-and-Slot-Machine-Play-Implications-for-Problem-and-Non-Problem-Gambling.pdf
AxelWolf
AxelWolf
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January 13th, 2015 at 4:09:16 AM permalink
Quote: 7star4now

I'm sure the Wizard has written about this, but from what I've read , one of the biggest myths players have is that the same slot game (ex Family Guy) will have roughly the same payback across all machines & casinos

Here's an example, in one one jurisdiction, where the payback for a machine is 96.3% & an identical looking machine is 85%.

As far as I've read, AC allows multiple versions of the same slot machine game in the same casino,with the major difference between versions being the payback percentage.

"Multiple approved versions of the same game
As shown in Table 1, Ontario approves multiple versions of the same slot machine game,
with the major difference between versions being the payback percentage. The
differences in payback percentages have a direct effect on playing time. In Lobstermania,
a player wagering $1.00 per spin would lose, on average, 3.8 cents per spin on the 96.2%
game and 15 cents per spin on the 85% game. Thus, the player loses approximately four
times more money per spin on the 85% game than on the 96.2% game (15 ÷ 3.8 = 3.95).
A player arriving with a "bankroll" of $10.00 and wagering $1.00 per spin, who gambles
until the bankroll is depleted, would make, on average, 263 one-dollar wagers on the
96.2% game ($10.00 ÷ $0.038 = 263), but only 67 one-dollar wagers on the 85% game
($10.00 ÷ $0.15 = 66.7); thus a player with a specific bankroll would have approximately
four times more gambling time on the 96.2% version versus the 85% version (263 ÷ 66.7
= 3.95). "

http://stoppredatorygambling.org/wp-content/uploads/2012/12/PAR-Sheets-Probabilities-and-Slot-Machine-Play-Implications-for-Problem-and-Non-Problem-Gambling.pdf

There's no doubt they do this especially non Vegas macines. I was mainly wondering about newer glitzy type machines it's hard to have them set much worst than 14%.

10%, 14% who cares really? (both are horrible) But for me(under the right conditions), it could be a huge difference in playing a 1% loss or 3% advantage.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
7star4now
7star4now
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January 13th, 2015 at 7:27:21 AM permalink
As far as lower payback on "glitzy" machines, I think it was Boz, or somebody else on the boards recently, who found real data supporting that in fact, the more bells & whistles a machine has, the lower payback is in general.

Make sense as casinos would pay more for the fancier machine upfront, & order a lower payback version, knowing that the entertainment value to the player masks any perceived payback deficiency.

Maybe somebody remembers where I saw it.
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