onenickelmiracle
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December 26th, 2016 at 3:50:38 AM permalink
Accidentally bought his book on Amazon after his last appearance years ago, then realized I read that pamplet of a book for free 15 years ago at Barnes and Noble. The ends justify the means, casinos take counter measures to protect themselves, the end, that's the book in story form. He really hyped up the "beatable jackpots", which is a super loose term, describing any progressive with any meter rate and base return, and insinuated ample, abundant opportunity almost everywhere. He sells a school, and a book now. Bob and Richard should have just kicked him off the show or been harder on his bs, but they must have been afraid of dead air, not having a topic.


Peter Liston's slot school website

Quote: the website

Exciting
Imagine walking into a casino anywhere in the world knowing that you are the only person there who knows how to exploit the opportunities when jackpots rise above the odds.



Why yes it would be exciting and I'd probably have an orgasm. Where is your time machine parked?
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teliot
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December 26th, 2016 at 6:32:39 AM permalink
His main target is "must hit by" progressive slots. I saw him speak at the World Game Protection Conference in Las Vegas a few years back. His talk boiled down to a single formula that gives the approximate dollar value of the "must hit by" progressive at which the player should play.
Last edited by: teliot on Dec 26, 2016
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Boz
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December 26th, 2016 at 8:41:46 AM permalink
Quote: teliot

His main target is "must hit by" progressive slots. I saw him speak at the World Game Protection Conference in Las Vegas a few years back. His talk boiled down to a single formula that gives the approximate dollar value of the "must hit by" progressive at which the player should play.



He must have made so much money with his system he was bored and decided to show the casinos how he did it. Yea, that's exactly how it happened.
RS
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December 26th, 2016 at 9:27:26 AM permalink
Maybe I wasn't paying attention 100% (I was driving)......but it seemed like bob & Richard were like, "WTF, whoa!!!! you can beat slot machines whaaaaaat!!!!?"

And peter Liston wasn't really talking about beating the machines, but talking about how the machines are divided amongst others in his area. And when he was talking about traveling to USA (I think Oklahoma?), seemed like he just came over to scout and not play.


Idk, it all seemed kinda odd.

I vote for Romes to go back on the show and make up more stories. ;)
BobDancer
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December 26th, 2016 at 9:32:32 AM permalink
Quote: RS


I vote for Romes to go back on the show and make up more stories. ;)



I vote for that too!
Face
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December 26th, 2016 at 10:17:55 AM permalink
Quote: teliot

I saw him speak at the World Game Protection Conference in Las Vegas a few years back.



I was momentarily enthralled by his daughter. As it's been 3 years, I guess I still am =p
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GWAE
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December 26th, 2016 at 10:27:51 AM permalink
Quote: Face

I was momentarily enthralled by his daughter. As it's been 3 years, I guess I still am =p



Pics?
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Face
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December 26th, 2016 at 10:30:25 AM permalink
Quote: GWAE

Pics?



None. I was there for business. But it was much more the way she spoke and carried herself than being cocktail waitress-esque, which she wasn't.
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GWAE
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December 26th, 2016 at 10:31:01 AM permalink
I thought that episode was just horrible. I almost thought it was a joke.
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GWAE
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December 26th, 2016 at 10:32:57 AM permalink
Quote: onenickelmiracle

Accidentally bought his book on Amazon after his last appearance years ago, then realized I read that pamplet of a book for free 15 years ago at Barnes and Noble. The ends justify the means, casinos take counter measures to protect themselves, the end, that's the book in story form. He really hyped up the "beatable jackpots", which is a super loose term, describing any progressive with any meter rate and base return, and insinuated ample, abundant opportunity almost everywhere. He sells a school, and a book now. Bob and Richard should have just kicked him off the show or been harder on his bs, but they must have been afraid of dead air, not having a topic.


Peter Liston's slot school website

Quote: the website

Exciting
Imagine walking into a casino anywhere in the world knowing that you are the only person there who knows how to exploit the opportunities when jackpots rise above the odds.



Why yes it would be exciting and I'd probably have an orgasm. Where is your time machine parked?



Just looked at his site. 7900 for his "class". Unreal. It reminds of the flip house "free" seminars.
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AxelWolf
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December 26th, 2016 at 8:27:48 PM permalink
From what I understand at one time there were good opportunities on LINKED must hits with good meter movement.

In the early 2000's many Station group casino's had nickel linked multi way must hits(they had some $1 as well). Just the .5 denominations were fairly lucrative by going place to place. As the competition started finding out and showing up, it cut into your profits significantly, but it was still good.

If Australia had lots of linked $1 machines I certainly believe it was possible to make some serious money. I don't know what the conditions there are now, so who knows how valuable it is?

Can he look someone with AP slot knowledge in the face and tell them 2 people can REALISTICALLY make 200k in EV without a monster bankroll? At what point does he stop selling this information? If its worth 200k for the fist few people, what about the 5th, 6th, 7th, 8th, 9th, 10th couple? Give me a break about the NDA, if he will take anyone willing to pay there's no way to contain information leaking and breeding more competition. How can you even prove who told who?

If its so easy, lucrative as he makes it sound. Since he's got the bankroll and all the knowledge and secrets Why not start a team yourself? What's to keep other teams from springing up and dominating?

He's doing, consulting , casino seminars, books, media etc etc(???)
Isn't that a big conflict of interest? I certainly wouldn't want to pay 8k knowing he's doing all of that and selling it to more people.
♪♪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♪♪
Wizard
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December 26th, 2016 at 8:51:19 PM permalink
Quote: teliot

His main target is "must hit by" progressive slots. I saw him speak at the World Game Protection Conference in Las Vegas a few years back. His talk boiled down to a single formula that gives the approximate dollar value of the "must hit by" progressive at which the player should play.



I saw the same talk and agree with your categorization. I'm not saying he didn't do well playing them, but I almost never see such games close to the "must hit by" point in Vegas. What I'm not sure is whether advantage players roam the casino floors hunting for them or recreational players simply are more likely to play when the meter is close or past the point of being ripe.
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AxelWolf
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December 27th, 2016 at 1:22:04 AM permalink
Quote: Wizard

I saw the same talk and agree with your categorization. I'm not saying he didn't do well playing them, but I almost never see such games close to the "must hit by" point in Vegas. What I'm not sure is whether advantage players roam the casino floors hunting for them or recreational players simply are more likely to play when the meter is close or past the point of being ripe.

The new breed of must hits you see in Vegas have bad meters and are not usually linked. Big difference between the ones we normally see and the versions he talked about in the past.

I think he's claiming there's newer linked versions that are fairly good.
♪♪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♪♪
mamat
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December 27th, 2016 at 3:09:03 AM permalink
Quote: AxelWolf

If its worth 200k for the fist few people, what about the 5th, 6th, 7th, 8th, 9th, 10th couple?

Definitely goes down.

Quote: AxelWolf

What's to keep other teams from springing up and dominating?

(1) Bankroll
(2) Overall hourly rate might be too low for many people, even though EV/yr is high
(3) Obscure locations that people are unwilling to travel to for extended periods
(4) Scouting cost is high

Some people (and teams) work really hard to make an area look unprofitable if they see new competition.
In extreme cases, they may wipe out possible plays below 100%, just so possible competition will leave the area.

Quote: Wizard

I almost never see such games close to the "must hit by" point in Vegas.

Must-hits don't have much EV in Vegas. They don't get as much action as they do in other places, and there's an army of pros. Some people do a run visiting obscure casinos at 4-6 am on many mornings...

It's easier to play must-hits when they are 3-8% looser than Vegas off-strip/on-strip.
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