Slotlady Channel
Quote: AxelWolfRakes it in, perhaps, but at what cost? I have no idea what kind of deals she has going on, but if you are playing high level -EV slots you are going to get your ass kicked.
And then there are possible addiction issues.
Is she playing while the cameras are off?
Is she calculating her expected losses and figuring out if she is actually making money in the long run?
If she was raking it in, and all was good, one has to wonder why she stopped in the first place and now why she started back up.
Agreed. While these players can rake in a lot of money thru their channel…the costs of playing slots everyday are also enormous. This isn’t some you tube personality who sings or does other stuff to gain subscribers. These personalities are losing enormous sums of money playing slots everyday. Some are playing multiple daily sessions.
High limit you tuber NG Slots with 250,000 subscribers claims his slot losses are not covered by his you tube income. He’s always in the red. I’m not sure I believe any of the claims..because others say he most definitely makes money at the end of the year.
She has to at least make that 5% up in.
bounce back
Patreon
Superchat
She also probably uses points for meals.
Not sure what the tax situation is if she is citizen of Canada, but she should be deducting losses after a certain point. But maybe she has dual citizenship.
Quote: rxwineAssuming slots around 95% return.
She has to at least make that 5% up in.
bounce back
Patreon
Superchat
She also probably uses points for meals.
Not sure what the tax situation is if she is citizen of Canada, but she should be deducting losses after a certain point. But maybe she has dual citizenship.
It's the kicker game she can't handle, I bring this up as it was evident in the previous UTH video. In this blown hand, she focuses on trying to get a flush, doesn't get it [or a pair or straight], and gives up. Looking for a hand to improve, and the additional impact on the trips bet that it has, is her total game.
As for me btw, I could care less if she is losing money or making it hand over fist with the youtube income. So for me this is just watching bad play.
Quote: rxwineAssuming slots around 95% return.
She has to at least make that 5% up in.
bounce back
Patreon
Superchat
She also probably uses points for meals.
Not sure what the tax situation is if she is citizen of Canada, but she should be deducting losses after a certain point. But maybe she has dual citizenship.
I have no idea what the slots return rate is for the slots these players play…but I’m guessing these huge Game of Thrones, Buffalo Dragon, and Lock Link games that they love to play aren’t anywhere near 95% return.
NG Slots says he has done some tracking….and the slots he plays are returning in the neighborhood of 82%. Considering the average of all slots is around 90% and video poker returns 95 to 99%, he might not be far off that traditional slots are returning in the 82-85% neighborhood.
I don’t believe she has dual citizenship.
NG slots is also based in California. He travels to Vegas a lot but also plays a lot in California casinos. California has no minimum return to player.
Beyond that, no casino will ever divulge what their specific machines return to player unless legally required by law. Video poker tends to be a bit different as RTP is sometimes advertised directly on the machine.
Quote: TDVegasI have no idea what the slots return rate is for the slots these players play…but I’m guessing these huge Game of Thrones, Buffalo Dragon, and Lock Link games aren’t anywhere near 95% return.
NG Slots says he has done some tracking….and the slots he plays are returning in the neighborhood of 82%. Considering the average of all slots is around 90% and video poker returns 95 to 99%, he might not be far off that traditional slots are returning in the 82-85% neighborhood.
I don’t believe she has dual citizenship.
(Quote clipped, post quoted was edited after quote was captured)
Yeah, I can't remember if it was this thread, or some other one, but the $100 denomination slots were being discussed.
For Atlantic City (easy report to find) on the whole:
https://www.njoag.gov/about/divisions-and-offices/division-of-gaming-enforcement-home/financial-and-statistical-information/historical-statistics/
Since 2013, casino win on $100 denomination slot machines has been 6.9% (one year) or greater, for every single year. One year was between 7-8%, and all five other years were north of 8%, looking at Atlantic City on the whole.
The point is, I don't think it's ever going to be safe to sit down at a high-denomination slot machine and assume the house edge is only 5%. $100 denom isn't going to get a ton of action (spin count), so whatever variance there is on the game, the casino is going to need that to resolve in a fairly low number of spins...and it does.
Going back to the NJ reports, only ONE casino lost money for a given year on $100 denomination slots, and that was the Golden Nugget in 2013...the same year that Trump Plaza won less than 1% of all monies bet on theirs. Golden Nugget would also only win to the tune of 1% in 2014.
Well, Golden Nugget must have changed something...because it was never even close since then.
Quote: Mission146(Quote clipped, post quoted was edited after quote was captured)
Yeah, I can't remember if it was this thread, or some other one, but the $100 denomination slots were being discussed.
For Atlantic City (easy report to find) on the whole:
https://www.njoag.gov/about/divisions-and-offices/division-of-gaming-enforcement-home/financial-and-statistical-information/historical-statistics/
Since 2013, casino win on $100 denomination slot machines has been 6.9% (one year) or greater, for every single year. One year was between 7-8%, and all five other years were north of 8%, looking at Atlantic City on the whole.
The point is, I don't think it's ever going to be safe to sit down at a high-denomination slot machine and assume the house edge is only 5%. $100 denom isn't going to get a ton of action (spin count), so whatever variance there is on the game, the casino is going to need that to resolve in a fairly low number of spins...and it does.
Going back to the NJ reports, only ONE casino lost money for a given year on $100 denomination slots, and that was the Golden Nugget in 2013...the same year that Trump Plaza won less than 1% of all monies bet on theirs. Golden Nugget would also only win to the tune of 1% in 2014.
Well, Golden Nugget must have changed something...because it was never even close since then.
I think many of the machines today have gotten very expensive to design, build and install. Some of these machines with curved glass, 11 feet tall and basically use video game designers and programmers…well, those costs aren’t just passed onto the casino who absorbs it. Throw in the fact that many of these slots are now rented as opposed to bought. They also will change them out quickly by leaving the shell but installing a new game. All these costs are passed onto the player.
I have little doubt the “hold” has gone higher, and possibly much higher over the past 5 years or so. They still have 75% here to use as their low point.
Slot Denomination Casino Win Percentage, by Year, 2013-2019, Lowest to Highest
2013:
Multi: 6.5%
$5.00: 6.8%
$100.00: 6.9%
"Other": 7.0%
$25.00: 7.1%
$0.50: 7.6%
$1.00: 8.2%
$0.05: 8.8%
$0.25: 9.0%
$0.01/$0.02: 11.8%
2014:
Multi: 6.4%
"Other": 7.2% (The casino won slightly less on these than $5, both rounded up)
$5.00: 7.2%
$0.50: 7.4%
$25.00: 7.6%
$100: 8.3%
$1.00: 8.4%
$0.05: 8.6%
$0.25: 8.8%
$0.01/$0.02: 11.9%
2015:
Multi: 6.1%
$25.00: 6.8%
$5.00: 7.2%
"Other": 7.5%
$0.50: 7.5%
$0.05: 8.1%
$100.00: 8.4%
$1.00: 8.5%
$0.25: 8.8%
$0.01/$0.02: 11.5%
2016:
Multi: 6.1%
$0.50: 7.1%
$25.00: 7.4%
$100.00: 7.4%
$5.00: 7.5%
"Other": 7.6%
$0.05: 7.7%
$1.00: 8.5%
$0.25: 9.0%
$0.01/$0.02: 11.2%
2017:
Multi: 6.0%
$0.50: 6.3%
$5.00: 7.2%
$0.05: 7.3%
"Other": 7.5%
$25.00: 7.5%
$100: 8.3%
$1.00: 8.6%
$0.25: 9.0%
$0.01/$0.02: 11.3%
2018:
$0.50: 5.9%
Multi: 6.3%
$25.00: 6.6%
$0.05: 7.4%
$5.00: 7.4%
"Other": 8.2%
$100.00: 8.4%
$1.00: 8.4%
$0.25: 9.0%
$0.01/$0.02: 11.3%
2019:
$0.50: 6.1%
Multi: 6.7%
$0.05: 7.6%
$5.00: 7.8%
$25.00: 7.8%
$100.00: 8.5%
$1.00: 8.5%
"Other": 9.0%
$0.25: 9.3%
$0.01/$0.02" 11.6%
Quote: TDVegasI think many of the machines today have gotten very expensive to design, build and install. Some of these machines with curved glass, 11 feet tall and basically use video game designers and programmers…well, those costs aren’t just passed onto the casino who absorbs it. Throw in the fact that many of these slots are now rented as opposed to bought. They also will change them out quickly by leaving the shell but installing a new game. All these costs are passed onto the player.
I have little doubt the “hold” has gone higher, and possibly much higher over the past 5 years or so. They still have 75% here to use as their low point.
A fancy video slot will take the manufacturer 2 to 3 years to design, build, and get approved. There are a lot of costs involved. Many of them have to pay fees and royalties to the company they are licensing the content from. It is very embarrassing to spend three years and millions of dollars on a game that may only be in the market for three months if it isn't performing.
Quote: TDVegasI think many of the machines today have gotten very expensive to design, build and install. Some of these machines with curved glass, 11 feet tall and basically use video game designers and programmers…well, those costs aren’t just passed onto the casino who absorbs it. Throw in the fact that many of these slots are now rented as opposed to bought. They also will change them out quickly by leaving the shell but installing a new game. All these costs are passed onto the player.
I have little doubt the “hold” has gone higher, and possibly much higher over the past 5 years or so. They still have 75% here to use as their low point.
The Atlantic City return percentages seem relatively consistent.
I think that the costs are probably one aspect. I think another aspect is that the casinos in Atlantic City thought to themselves, "Hey, the paradigm is that these REALLY high denomination slot machines are going to have the best returns. Is there a good reason not to break this paradigm? It's not like any of them are ever going to notice since they don't tend to get a lot of regular play...most of the action that the $100 units get are from shot-takers and group pulls."
All of those numbers in my post above (or, maybe previous page, by now) would also include Video Poker returns, so you can't really assume anything about just any particular slot machine other than, as you point out, jurisdictional minimum.
That's why I like looking at Expected Returns for casual players, but that's only half the story. Would you rather play a $1.00 denomination game with a 10-12% House Edge (I'm raising it due to probably Video Poker play) or a $100 denomination game at a 8.5% House Edge where you're expected to lose 8.5x more than you're even betting in the first place (assuming single-line) on the dollar game?
Between all of these different ways that this specific video can generate revenue, is it generating $8.50/spin in revenue?
They dont have casinos in Canada? I have no clue, but if I had to guess, and I have, I somehow think there's something else to it.Quote: vegasSlotlady quit playing for awhile because she is Canadian and going back and forth across the border is just a pain with all the covid testing that has to be done. She decided to eventually return to the US but not go back to Canada until either things improve with Covid testing OR her time allowed in the US is up.
Quote: AxelWolfThey dont have casinos in Canada? I have no clue, but if I had to guess, and I have, I somehow think there's something else to it.
I believe all Canadian casinos were shut down during the pandemic and just opened recently.
Interesting, I did not know this, I guess I never had a reason to think about it. How dumb!Quote: vegasDrich is right that Canadian casinos were shut down until this July. However the reason she does not do any videos in Canada is that it is not allowed. No way casinos would give permission to any videos.
I hear that people playing and streaming their online play can make a buck... I have no clue how well they do.
Let's say she records 20 sessions per month and each session has a buy in of $1500. That's $30,000 of buy ins.
Let's say she loses half -- so she spent $15,000.
I'm going to guess her YouTube revenue is $35,000 per month.
Her viewer contributions are probably no more than $1,000 per month. This includes merchandise sales, super chats, etc.
That gives a gross profit of about $20,000 per month.
From that deduct travel, room and board, taxes, production costs, etc.
I'm going to assume her living expenses are offset by casino comps.
She has said she gets no payments from casinos.
I think she probably nets $10,000 per month. That's $120,000 per year.
Nice gig if you ask me.
Quote: odiousgambitIf you want to check in on the last UTH one, looking for mistakes like I do, she commits a blunder right away, with the second hand, failing to recognize she should play the board.
It's the kicker game she can't handle, I bring this up as it was evident in the previous UTH video. In this blown hand, she focuses on trying to get a flush, doesn't get it [or a pair or straight], and gives up. Looking for a hand to improve, and the additional impact on the trips bet that it has, is her total game.
To her credit, she realized almost immediately after this hand that she had made a mistake.
I assume she has to pay taxes on all those Superchat donations she gets. How does that work when YouTube takes a cut? Also, doesn't she have to pay taxes on her winnings, even if she finishes down in a session?
Quote: AlanMendelsonHere's my GUESS on her bottom line.
Let's say she records 20 sessions per month and each session has a buy in of $1500. That's $30,000 of buy ins.
Let's say she loses half -- so she spent $15,000.
I'm going to guess her YouTube revenue is $35,000 per month.
Her viewer contributions are probably no more than $1,000 per month. This includes merchandise sales, super chats, etc.
That gives a gross profit of about $20,000 per month.
From that deduct travel, room and board, taxes, production costs, etc.
I'm going to assume her living expenses are offset by casino comps.
She has said she gets no payments from casinos.
I think she probably nets $10,000 per month. That's $120,000 per year.
Nice gig if you ask me.
They also get money from Patron. Many people give a certain amount each month. I know a RV youtuber who has about 200 people who contribute monthly. Minimum amount is 5 dollars but many give more.
Quote: AlanMendelsonI'm going to guess her YouTube revenue is $35,000 per month.
If the independent analysis is correct…she’s no where near $35,000.
More like $12,000.
https://youtu.be/KN2rar1owIo
Quote: smoothgrhAlso, doesn't she have to pay taxes on her winnings, even if she finishes down in a session?
My understanding is that Canada does not tax gambling winnings for non-professional gamblers, and she is a video star, not a professional gambler. If there is a withholding, there should be a refund process (a few forms, a stamp, a check arrives in a few weeks).
She probably had other revenue streams as well. She says she is a model. She's on other social media channels.
Right now the king of the hill is Brian Christopher
He has a section of slots branded with his name I think at the Plaza(?). There must be an endorsement fee there.
She did a regular live stream today then followed with a patreon only stream.Quote: vegasThey also get money from Patron. Many people give a certain amount each month. I know a RV youtuber who has about 200 people who contribute monthly. Minimum amount is 5 dollars but many give more.
Also she's been in an awful mood for thr last few videos. Making a ton of mistakes she normally doesn't make with strategy, and even being sour while playing slots, a game she is aware of is variance heavy.
She's making a couple grand off of Instagram going by the analytics. Honestly at this point im surprised she doesn't have an only fans.Quote: AlanMendelsonWhat's so bad about paying taxes on a $100,000 a year income?
She probably had other revenue streams as well. She says she is a model. She's on other social media channels.
The El Cortez.
Quote: DieterMy understanding is that Canada does not tax gambling winnings for non-professional gamblers, and she is a video star, not a professional gambler. If there is a withholding, there should be a refund process (a few forms, a stamp, a check arrives in a few weeks).
HAHAHAHA
A few weeks that’s funny stuff
Little story about my mom hitting a jackpot in Vegas March of 2013 . When they got home she tells me about her big win hands me her tax form they gave her for the 30% taken off for Canadians. She asks how long will it take me to get her that 30% back? Told her some time in the summer of 2014 if she is lucky, more likely late fall of 2014.
First off she needed her ITIN … next she couldn’t file till March or April of 2014 … would we file it correctly first time or after months of waiting get a letter telling us they needed more information… never got that letter but never got the refund in 2014 either. Started checking daily on the IRS site for her refund status always showing being reviewed I think the wording was. After a few month of daily checking finally said processed. Basically two years after it was taken off her winning jackpot she got her cheque … 104 weeks or so . They are in no hurry to refund foreigners that money
Quote: coilmanHAHAHAHA
A few weeks that’s funny stuff
Little story about my mom hitting a jackpot in Vegas March of 2013 . When they got home she tells me about her big win hands me her tax form they gave her for the 30% taken off for Canadians. She asks how long will it take me to get her that 30% back? Told her some time in the summer of 2014 if she is lucky, more likely late fall of 2014.
First off she needed her ITIN … next she couldn’t file till March or April of 2014 … would we file it correctly first time or after months of waiting get a letter telling us they needed more information… never got that letter but never got the refund in 2014 either. Started checking daily on the IRS site for her refund status always showing being reviewed I think the wording was. After a few month of daily checking finally said processed. Basically two years after it was taken off her winning jackpot she got her cheque … 104 weeks or so . They are in no hurry to refund foreigners that money
The $1,200 limit has become a joke. The first day Resorts World was open there were multiple people in the high limit room hitting hand pay after hand pay and waiting….and waiting.
The entire process stinks. The machine is shut down, you have to wait for an attendant. Paper work, wait, cash doled out in public view.
They now have speed pay for high limit players…but the $1,200 still stands. Make it anything under $5,000 and you walk with the money. My guess is the supermajority of these players are net negative end of year regardless and claim it as a loss on their taxes.
Quote: TDVegasThe $1,200 limit has become a joke. The first day Resorts World was open there were multiple people in the high limit room hitting hand pay after hand pay and waiting….and waiting.
The entire process stinks. The machine is shut down, you have to wait for an attendant. Paper work, wait, cash doled out in public view.
They now have speed pay for high limit players…but the $1,200 still stands. Make it anything under $5,000 and you walk with the money. My guess is the supermajority of these players are net negative end of year regardless and claim it as a loss on their taxes.
I think they should just deduct 30% from every taxable and then force patrons to file to get it back. Many people wouldn't bother and that would be more money for the treasury and then of course they would reduce all of our taxes.
Quote: TDVegasI saw her filming at the El Cortez, dressed to the hilt. I’m looking at her like do you know where you are? LOL…
The El Cortez.
This is from a while ago:
Quote: coilman104 weeks or so . They are in no hurry to refund foreigners that money
Hey! Still measured in weeks!
Maybe 52 fortnights sounds better.
I saw s youtuber in action at Red Rock at a slot machine. Similar set up but the cell phone was on a shorter tripod.
Quote: ams288This is from a while ago:
Hahaha why is she still using that giant tripod set up? Most video poker youtubers have this small awesome tripod thing that would work way better than that.
Quote: ChallengedMillyQuote: ams288This is from a while ago:
Hahaha why is she still using that giant tripod set up? Most video poker youtubers have this small awesome tripod thing that would work way better than that.
It all depends on the field of vision with the camera. She's probably showing her two hands being played plus the dealer's hand. Maybe also her chips.
With video poker you could mount your camera with a simple stick a foot from the screen.
Her set up could be collapsed for getting videos off of a slot screen, but the set up that video poker youtubers use would not work for a table game.
Quote: rxwineNot sure, but with a smaller setup, she might have to put it on a chair or the felt.. They may not want equipment on either. Probably doesn't want to wear a helmet cam or forehead gopro either!
Good point.
Some of the video poker Youtubers have a camera mount that clips onto the cabinet of the machine.
Quote: ams288This is from a while ago:
That’s it.
Your standards are fairly low for "dressed to the hilt"Quote: TDVegasQuote: ams288This is from a while ago:
That’s it.
Quote: AxelWolfYour standards are fairly low for "dressed to the hilt"Quote: TDVegasQuote: ams288This is from a while ago:
That’s it.
I checked with my fashion sources. The shoes may be the Naturalizer brand retailing between $44 and $69.
I doubt anyone would wear expensive shoes in a casino and most likely comfortable shoes are preferred.
So I wouldn't judge anything by the shoes.
Unfortunately I cant see enough of her garments or their labels to know their price range.
But let's get real. Who dresses fancy in casinos these days?
I vividly recall a guy who appeared to be a bum playing at my craps table at Caesars. He was unshaven, unkempt and wearing an old black cloth coat... but he kept taking $100 chips out of the pockets.
Quote: AxelWolfYour standards are fairly low for "dressed to the hilt"Quote: TDVegasQuote: ams288This is from a while ago:
That’s it.
I stand by that…for the El Cortez, yes, she’s dressed to the “hilt”, IMO. My standard.
Quote: AlanMendelsonQuote: AxelWolfYour standards are fairly low for "dressed to the hilt"Quote: TDVegasQuote: ams288This is from a while ago:
That’s it.
I checked with my fashion sources. The shoes may be the Naturalizer brand retailing between $44 and $69.
I doubt anyone would wear expensive shoes in a casino and most likely comfortable shoes are preferred.
So I wouldn't judge anything by the shoes.
Unfortunately I cant see enough of her garments or their labels to know their price range.
But let's get real. Who dresses fancy in casinos these days?
I vividly recall a guy who appeared to be a bum playing at my craps table at Caesars. He was unshaven, unkempt and wearing an old black cloth coat... but he kept taking $100 chips out of the pockets.
No style maven here…but the shoes look to be a mis match. Out of place.
Who dresses fancy in casinos these days? Who ever dressed fancy in the El Cortez unless it was 1946?
that was GrosjeanQuote: AlanMendelsonI vividly recall a guy who appeared to be a bum playing at my craps table at Caesars. He was unshaven, unkempt and wearing an old black cloth coat... but he kept taking $100 chips out of the pockets.
Quote: TDVegasQuote: AlanMendelsonQuote: AxelWolfYour standards are fairly low for "dressed to the hilt"Quote: TDVegasQuote: ams288This is from a while ago:
That’s it.
I checked with my fashion sources. The shoes may be the Naturalizer brand retailing between $44 and $69.
I doubt anyone would wear expensive shoes in a casino and most likely comfortable shoes are preferred.
So I wouldn't judge anything by the shoes.
Unfortunately I cant see enough of her garments or their labels to know their price range.
But let's get real. Who dresses fancy in casinos these days?
I vividly recall a guy who appeared to be a bum playing at my craps table at Caesars. He was unshaven, unkempt and wearing an old black cloth coat... but he kept taking $100 chips out of the pockets.
No style maven here…but the shoes look to be a mis match. Out of place.
Who dresses fancy in casinos these days? Who ever dressed fancy in the El Cortez unless it was 1946?
Tsk tsk. Insulting Sara's taste in shoes?
Sara, I like your shoes.
Quote: JohnzimboThat picture makes her look like she is 6' 6". Her torso looks longer than mine and I am 6' 4"
Just pull your pants up higher..
Quote: TinManI recall the tables at EC being really low to the ground compared to other casinos. Probably contributes to her looking very tall in the photo.
Some casinos have low tables so the elderly and disabled dont have to mess with higher chairs or stools.
These lower tables, it seems, are not as popular. Perhaps she was assigned one of these lower tables for her shoot?
I stand by my comment... your standards of "dressed to the hilt" are low, even for that place (-:Quote: TDVegasQuote: AxelWolfYour standards are fairly low for "dressed to the hilt"Quote: TDVegasQuote: ams288This is from a while ago:
That’s it.
I stand by that…for the El Cortez, yes, she’s dressed to the “hilt”, IMO. My standard.
Personally, I absolutely dislike her outfit, and if I really want to critique the picture, she's sitting like a man as if she's getting ready to face off and go to table game war.
On a side note, I assume she isn't "dressing up" for the people at the EC but it would be more for her viewers.
Quote: AxelWolfI stand by my comment... your standards of "dressed to the hilt" are low, even for that place (-:Quote: TDVegasQuote: AxelWolfYour standards are fairly low for "dressed to the hilt"Quote: TDVegasQuote: ams288This is from a while ago:
That’s it.
I stand by that…for the El Cortez, yes, she’s dressed to the “hilt”, IMO. My standard.
Personally, I absolutely dislike her outfit, and if I really want to critique the picture, she's sitting like a man as if she's getting ready to face off and go to table game war.
On a side note, I assume she isn't "dressing up" for the people at the EC but it would be more for her viewers.
Camera looks like it’s entirely fixated on table. Maybe they see her arms. That’s about it. Most of her videos, if she puts her face on film…that’s about it. Neck up.
