billryan
• Posts: 16282
Joined: Nov 2, 2009
September 14th, 2021 at 11:06:26 AM permalink
Quote: MichaelBluejay

Please comment on my proposed revision:

\$1200: \$20 tip
\$1201-4999: \$50
\$5000-9999: \$75
\$10k-99k: \$100
\$100k-499k: \$200
\$500k-999k: \$500
\$1M+: \$1000

It's ridiculous.
The difference between fiction and reality is that fiction is supposed to make sense.
TDVegas
• Posts: 1186
Joined: Oct 30, 2018
September 14th, 2021 at 11:38:05 AM permalink
Quote: MichaelBluejay

Please comment on my proposed revision:

\$1200: \$20 tip
\$1201-4999: \$50
\$5000-9999: \$75
\$10k-99k: \$100
\$100k-499k: \$200
\$500k-999k: \$500
\$1M+: \$1000

\$1,200 is \$20.
\$1,201 is \$50?

Here’s to the attendant who sees \$1,201 and face lights up.
Wizard
• Posts: 26687
Joined: Oct 14, 2009
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September 14th, 2021 at 11:51:46 AM permalink
Quote: MichaelBluejay

Please comment on my proposed revision:

\$1200: \$20 tip
\$1201-4999: \$50
\$5000-9999: \$75
\$10k-99k: \$100
\$100k-499k: \$200
\$500k-999k: \$500
\$1M+: \$1000

I am big on formulas. Maybe that's why I get passed checks all the time to figure out the tip. Maybe you're right about most people not being able to do simple percentages.

Here is my advice. Say something like, "Following is a general tip guideline for various jackpots. For jackpots not listed, tip on a pro-rata basis according to the the closest jackpots listed below and above. Of course, also consider the quality of the service."

\$1200: \$20 tip
\$10000: \$50
\$20000: \$100
\$50000: \$200
\$250000: \$500
\$500000: \$1000
\$1M+: \$2000

You can see I upped the tips. I couldn't help it. Of course, it's your call.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
MichaelBluejay
• Posts: 1627
Joined: Sep 17, 2010
September 14th, 2021 at 12:49:41 PM permalink
Quote: Wizard

\$1200: \$20 tip
\$10000: \$50
\$20000: \$100
\$50000: \$200
\$250000: \$500
\$500000: \$1000
\$1M+: \$2000

You can see I upped the tips.

I like this idea a lot. Instead of giving a range for jackpot amounts, you gave a single amount, and leave it to the user to figure the tip by finding their jackpot amount between two of the listed amounts. That's the secret sauce I was missing, thanks.

You actually lowered the tip amount in certain cases. I had a \$50 tip for as little as a \$1201 hand pay, while your minimum for a \$50 tip is a \$10k handpay. And you had \$100 tip for \$200k handpay, while with my schedule, the \$100 tip started for as little as a \$10k handpay.

Here's my revised proposal:

\$1200: \$20 tip
\$5000: \$50*
\$10,000: \$100
\$20,000: \$200
\$50,000: \$300
\$250,000: \$500
\$500,000: \$750
\$1 million: \$1000

*This line was missing from the Wiz' schedule, but \$5k payouts are more common than >\$5k payouts, so I think we need a \$5k line.

Discuss.
Presidential Election polls and odds: https://2605.me/p
rxwine
• Posts: 12411
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September 14th, 2021 at 12:52:56 PM permalink
I don't think I'll ever tip more than \$500 no matter how much I win. Unless there was some real labor intensive activity that the potential "tippee" was engaged in.

Okay, if I win 1 billion, maybe a bigger tip. \$500 and some advice. "Plant your corn early."
There's no secret. Just know what you're talking about before you open your mouth.
AlanMendelson
• Posts: 5937
Joined: Oct 5, 2011
September 14th, 2021 at 2:41:07 PM permalink
Quote: 100xOdds

Quote: Mission146

Why do I want to make sure the attendants pay taxes on it? They're legally obligated to, of course, but that's none of my concern whether they actually do it or not.

\$1M prize.
you accept \$950k (and are only taxed on 950k).
the slot attendant gets the other \$50k. you dont care how s/he handles the taxes.

No.
Joeman
• Posts: 2428
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September 14th, 2021 at 2:45:36 PM permalink
Quote: MichaelBluejay

*This line was missing from the Wiz' schedule, but \$5k payouts are more common than >\$5k payouts, so I think we need a \$5k line.

Discuss.

I would even take this a step further and add a \$2k or \$2500 tip point. It seems to me that Easy Vegas visitors would tend towards the less experienced, low-roller demographic. As such, I think that the vast majority of hand pays they would see would be in the \$1200 - \$5000 range. So, it would be nice to see another data point somewhere in there.
"Dealer has 'rock'... Pay 'paper!'"
AlanMendelson
• Posts: 5937
Joined: Oct 5, 2011
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September 14th, 2021 at 2:45:41 PM permalink
Quote: TDVegas

Has anyone ever tipped the staff at lottery headquarters when they claim their multi million dollar mega or powerball jackpot? Do people go back to the store where they bought the ticket and toss around thousands to the cashiers?

Isn’t tipping in this case more “forced” than anything? I can see tipping a dealer…but a slot attendant is merely a conduit for you to get your money.

I’m not suggesting not to tip…do as you please. I’m merely suggesting it might not make sense beyond an “obligation” factor of some kind.

I don't think state lottery employees are allowed to accept tips.

Once I offered a tip to a security guard who walked me to my car after a big win and he said security guards could not accept tips.

Another time a security guard came with the hand pay people at a "rough casino." In this situation the guard also refused a tip.
AlanMendelson
• Posts: 5937
Joined: Oct 5, 2011
September 14th, 2021 at 2:49:59 PM permalink
Quote: Wizard

What do you think of this formula: tip = 2*sqrt(jackpot-1100). This was designed to get close to \$20 for \$1200 and \$2000 for a million. Here are some examples of tips by jackpot:

Jackpot Tip
\$1,200 \$20.00
\$2,000 \$60.00
\$3,000 \$87.18
\$4,000 \$107.70
\$5,000 \$124.90
\$10,000 \$188.68
\$15,000 \$235.80
\$20,000 \$274.95
\$25,000 \$309.19
\$50,000 \$442.27
\$100,000 \$628.97
\$1,000,000 \$1,998.90
\$15,000,000 \$7,745.68

Of course, round up/down as you see fit and consider the level of service as so forth.

I'm cheap. I've hit three 100k royals and my tips were \$400, \$300 and \$300.

At Caesars a \$1250 hand pay comes with two 20s and a ten. I'll tip the 10.

But at Bellagio a \$1250 hand pay comes with two 20s and two 5s. I tip the 5 and never got a sour look.
MichaelBluejay
• Posts: 1627
Joined: Sep 17, 2010
September 14th, 2021 at 3:29:44 PM permalink
Quote: Joeman

I would even take this a step further and add a \$2k or \$2500 tip point.

I'd thought about doing that, for the same reason, but at \$20-50 for \$1200-5000 respectively, I think \$20-50 is tight enough that it doesn't benefit much from further granularization. If someone gets a \$2500 jackpot and they see they need to tip between \$20 and \$50, they'll succeed no matter how much they pick.
Presidential Election polls and odds: https://2605.me/p
Wizard
• Posts: 26687
Joined: Oct 14, 2009
September 14th, 2021 at 9:11:21 PM permalink
Quote: MBJ

*This line was missing from the Wiz' schedule, but \$5k payouts are more common than >\$5k payouts, so I think we need a \$5k line.

\$50 for \$5,000.

Quote: rxwine

I wait until June to plant mine.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
AxelWolf
• Posts: 22296
Joined: Oct 10, 2012
September 15th, 2021 at 12:38:48 AM permalink
Quote: Wizard

\$50 for \$5,000.

Quote: rxwine

I wait until June to plant mine.

\$40 would be ok as well.
♪♪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♪♪
MichaelBluejay
• Posts: 1627
Joined: Sep 17, 2010
September 15th, 2021 at 12:17:13 PM permalink
Quote: billryan

Quote: MichaelBluejay

Please comment on my proposed revision:

\$1200: \$20 tip
\$1201-4999: \$50
\$5000-9999: \$75
\$10k-99k: \$100
\$100k-499k: \$200
\$500k-999k: \$500
\$1M+: \$1000

It's ridiculous.

Well, your response was similar to Scott's at Vital Vegas in terseness. He said only, "Inadequate in every instance."

He'd previously said that a \$1000 tip "feels right" for a \$1M hit, but he apparently changed his mind.

I think he might be generous because I suspect he's wealthy. He does Vital Vegas full time, but it doesn't appear to be monetized at all, so he apparently doesn't need the money.

In your case, do you care to elaborate on why you feel the proposed schedule is "ridiculous"?
Presidential Election polls and odds: https://2605.me/p
billryan
• Posts: 16282
Joined: Nov 2, 2009
September 15th, 2021 at 12:41:05 PM permalink
Quote: MichaelBluejay

Quote: billryan

It's ridiculous.

Well, your response was similar to Scott's at Vital Vegas in terseness. He said only, "Inadequate in every instance."

He'd previously said that a \$1000 tip "feels right" for a \$1M hit, but he apparently changed his mind.

I think he might be generous because I suspect he's wealthy. He does Vital Vegas full time, but it doesn't appear to be monetized at all, so he apparently doesn't need the money.

In your case, do you care to elaborate on why you feel the proposed schedule is "ridiculous"?

I don't see the need for a formula. In the space of a few weeks I hit two \$2,000 jackpots in the same casino. I tipped \$20 on one and \$50 on the other. I was a weekly player there and although I doubt the attendants remembered me, I knew them. I knew which one would stop a conversation when a help light went on, and which would walk away, pretending they hadn't seen it. While I am tipping on a single hand, I am rewarding or punishing the worker on her past job performance.
The difference between fiction and reality is that fiction is supposed to make sense.
rxwine
• Posts: 12411
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September 15th, 2021 at 12:57:00 PM permalink
I think people want a general guide about tipping. In the "old days" I don't remember any "tip jars" for what I would term "counter service" i.e., where you get some sort of service either on the go, at a register or what now.

Now you don't know where you will find them next.
There's no secret. Just know what you're talking about before you open your mouth.
rxwine
• Posts: 12411
Joined: Feb 28, 2010
September 15th, 2021 at 12:59:04 PM permalink
Last time I rode a bus, I didn't see anyone passing the driver an extra dollar, but it wouldn't surprise me either if it started.
There's no secret. Just know what you're talking about before you open your mouth.
billryan
• Posts: 16282
Joined: Nov 2, 2009
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September 15th, 2021 at 1:02:56 PM permalink
Quote: rxwine

Last time I rode a bus, I didn't see anyone passing the driver an extra dollar, but it wouldn't surprise me either if it started.

Whenever we chartered a bus to go from Queens to AC we'd pass around a hat. I've seen people on a few occasions try to get people to tip the driver. On a full bus from NY to Ac, I'd guess the drivers get \$5-10 in tips. Most people don't tip but a few do.
The difference between fiction and reality is that fiction is supposed to make sense.
rxwine
• Posts: 12411
Joined: Feb 28, 2010
September 15th, 2021 at 1:06:07 PM permalink
Quote: billryan

Quote: rxwine

Last time I rode a bus, I didn't see anyone passing the driver an extra dollar, but it wouldn't surprise me either if it started.

Whenever we chartered a bus to go from Queens to AC we'd pass around a hat. I've seen people on a few occasions try to get people to tip the driver. On a full bus from NY to Ac, I'd guess the drivers get \$5-10 in tips. Most people don't tip but a few do.

Oh, I totally forgot about charters. I've only ever been on one. And I wouldn't know the expected protocol, which is I guess my point about having a guide.
There's no secret. Just know what you're talking about before you open your mouth.
MichaelBluejay
• Posts: 1627
Joined: Sep 17, 2010
September 15th, 2021 at 6:58:10 PM permalink
This isn't charters, but in my Vegas tipping guide, for shuttle buses I suggest \$1 for every 2 people in a group.
Last edited by: MichaelBluejay on Sep 16, 2021
Presidential Election polls and odds: https://2605.me/p
Dieter
• Posts: 5686
Joined: Jul 23, 2014
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September 15th, 2021 at 7:41:12 PM permalink
Quote: rxwine

Last time I rode a bus, I didn't see anyone passing the driver an extra dollar, but it wouldn't surprise me either if it started.

For city transit buses, my understanding is that some regular riders will give their regular route driver a greeting card for an annual holiday, which may include a modest tip, possibly as a gift card if there is a no cash gratuity rule.

For tour buses, the tour guide usually gets tipped, and then tips out the driver.

For charter buses (including party buses), treat it like a limo and tip the driver directly. (Remember that the driver has to clean the bus at the end of the day; apologize and tip more if something happens to require "extra cleaning".)

... at least that's the guidelines I remember from an ancient tipping etiquette book.
May the cards fall in your favor.
naotoyoshida64
• Posts: 10
Joined: Sep 15, 2021
September 15th, 2021 at 7:49:30 PM permalink
It’s weird how a tip needed some sort of margin when it should just be given as a gesture of good will. I’ve caught myself dishing hundreds for a thousand dollar service as a tip in other countries where the employees are paid by the owner and the tip is not measured in fraction. But I find myself getting tilted when suddenly I am obliged to give a minimum amount.
camapl
• Posts: 468
Joined: Jun 22, 2010
September 15th, 2021 at 9:36:11 PM permalink
Quote: DRich

Nevada service employees try to brainwash people into believing that 10% is the standard tip amount. My thought has always been if the tip amount I leave is going to have the dealer telling his friend about this cheapskate that won a jackpot, then I will leave \$0 and make the story even better for the dealer.

I once left a \$2500 tip to be split between two bartenders. I know that is crazy but these two bartenders are friends of mine and we socialize together.

I am glad to see someone else mention the 10% brainwashing, especially someone outside my neck of the woods, er desert! I’ve heard that from so many casino tippees. And don’t get me started on bartenders in bars with gaming, as they expect it for any amount being cashed out (they are the bank for most cash outs)!

Thanks for this thread. I will now un-brainwash and start tipping at a more appropriate (lower) level. (No, I wasn’t tipping 10%, but it was about twice the median tip discussed here.)

Edited to correct \$10 to 10%.
It’s a dog eat dog world. …Or maybe it’s the other way around!
100xOdds
• Posts: 4379
Joined: Feb 5, 2012
September 16th, 2021 at 7:39:46 AM permalink
Wiz,

Are you going to publish your tipping guide in WoO?
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
JohnnyQ
• Posts: 4038
Joined: Nov 3, 2009
September 16th, 2021 at 8:07:09 AM permalink
Quote: MichaelBluejay

In your case, do you care to elaborate on why you feel the proposed schedule is "ridiculous"?

• Well the stair step nature of it doesn't make sense to me.

It seems to me that you cover the "real world" range of hand-pays by saying 1 % BUT a minimum of \$20.

Simple. Concise. And if you can't do 1 % in your head:

a) you shouldn't be gambling ( ? )

b) use the calculator on your phone
There's emptiness behind their eyes There's dust in all their hearts They just want to steal us all and take us all apart
100xOdds
• Posts: 4379
Joined: Feb 5, 2012
September 16th, 2021 at 8:43:11 AM permalink
Quote: JohnnyQ

Quote: MichaelBluejay

In your case, do you care to elaborate on why you feel the proposed schedule is "ridiculous"?

• Well the stair step nature of it doesn't make sense to me.

It seems to me that you cover the "real world" range of hand-pays by saying 1 % BUT a minimum of \$20.

Simple. Concise. And if you can't do 1 % in your head:

a) you shouldn't be gambling ( ? )
b) use the calculator on your phone

1% of \$1M = \$10k
or if you choose a check and after 28% taxes are taking out, then 1% of \$720k = \$7200

1% up to \$1k tip?
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
Dieter
• Posts: 5686
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September 16th, 2021 at 9:09:54 AM permalink
Quote: 100xOdds

1% of \$1M = \$10k
or if you choose a check and after 28% taxes are taking out, then 1% of \$720k = \$7200

1% up to \$1k tip?

I don't think a tip should generate a CTR.
I think \$20 is a reasonable floor.
The square root method is a reasonable curve fit.
You may be George and tip more. It's rare that someone receiving a tip will complain it's too much.

I think 1% may be too generous.
I'd be pleased to report back on how the attendant reacted if I ever personally have this problem.
May the cards fall in your favor.
unJon
• Posts: 4661
Joined: Jul 1, 2018
September 16th, 2021 at 10:07:16 AM permalink
Quote: Dieter

Quote: 100xOdds

1% of \$1M = \$10k
or if you choose a check and after 28% taxes are taking out, then 1% of \$720k = \$7200

1% up to \$1k tip?

I don't think a tip should generate a CTR.
I think \$20 is a reasonable floor.
The square root method is a reasonable curve fit.
You may be George and tip more. It's rare that someone receiving a tip will complain it's too much.

I think 1% may be too generous.
I'd be pleased to report back on how the attendant reacted if I ever personally have this problem.

A formula using LN would be a better curve fit than SQRT in my view. Fits better with various theories of marginal utility of dollars, Kelly Criteria, optimal portfolio theory, etc.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
100xOdds
• Posts: 4379
Joined: Feb 5, 2012
September 16th, 2021 at 10:22:55 AM permalink
Quote: unJon

Quote: Dieter

I don't think a tip should generate a CTR.
I think \$20 is a reasonable floor.
The square root method is a reasonable curve fit.
You may be George and tip more. It's rare that someone receiving a tip will complain it's too much.

I think 1% may be too generous.
I'd be pleased to report back on how the attendant reacted if I ever personally have this problem.

A formula using LN would be a better curve fit than SQRT in my view. Fits better with various theories of marginal utility of dollars, Kelly Criteria, optimal portfolio theory, etc.

LOG better than sqrt?

ln (1200) = \$7
ln (\$720k) = \$13

Use 1% till \$10k then use sqrt:
1% 1200 = \$12 (round down to \$10 tip)
1% (10k) = sqrt (\$10k) = \$100

\$10k handpay is the breakeven point between 1% and sqrt tipping formula

sqrt (\$720k) = \$848 (round down to \$800. Slot attendant would probably think you're rounding up from \$720 to \$800)

Reminder: \$1M win and taking a check after 28% Fed tax withheld = \$720k number seen by attendant

Edit:
Ask Vital Vegas if they think a \$800 tip is acceptable for \$720k?
Last edited by: 100xOdds on Sep 16, 2021
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
unJon
• Posts: 4661
Joined: Jul 1, 2018
September 16th, 2021 at 12:23:56 PM permalink
Quote: 100xOdds

Quote: unJon

Quote: Dieter

I don't think a tip should generate a CTR.
I think \$20 is a reasonable floor.
The square root method is a reasonable curve fit.
You may be George and tip more. It's rare that someone receiving a tip will complain it's too much.

I think 1% may be too generous.
I'd be pleased to report back on how the attendant reacted if I ever personally have this problem.

A formula using LN would be a better curve fit than SQRT in my view. Fits better with various theories of marginal utility of dollars, Kelly Criteria, optimal portfolio theory, etc.

LOG better than sqrt?

ln (1200) = \$7
ln (\$720k) = \$13

Use 1% till \$10k then use sqrt:
1% 1200 = \$12 (round down to \$10 tip)
1% (10k) = sqrt (\$10k) = \$100

\$10k handpay is the breakeven point between 1% and sqrt tipping formula

sqrt (\$720k) = \$848 (round down to \$800. Slot attendant would probably think you're rounding up from \$720 to \$800)

Reminder: \$1M win and taking a check after 28% Fed tax withheld = \$720k number seen by attendant

Edit:
Ask Vital Vegas if they think a \$800 tip is acceptable for \$720k?

Hmmm. That’s fair. I guess LN not doing so well there.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
Vegasrider
• Posts: 963
Joined: Dec 23, 2017
September 16th, 2021 at 1:55:27 PM permalink
Someone tipping \$200 after winning 1 Million should not be allowed to gamble. Just like Someone tipping \$10 from a \$500 check at a restaurant. That person should not be allowed to go out and eat. Assuming they are from America. In many countries, tipping is frowned upon and can be considered an insult.
unJon
• Posts: 4661
Joined: Jul 1, 2018
September 16th, 2021 at 2:55:31 PM permalink
Quote: Vegasrider

Someone tipping \$200 after winning 1 Million should not be allowed to gamble. Just like Someone tipping \$10 from a \$500 check at a restaurant. That person should not be allowed to go out and eat. Assuming they are from America. In many countries, tipping is frowned upon and can be considered an insult.

Aren’t you the big sports gambler? Have you joined the WoV pick 5 contest? There’s a nice +EV overlay.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
MichaelBluejay
• Posts: 1627
Joined: Sep 17, 2010
September 16th, 2021 at 3:22:05 PM permalink
Quote: Vegasrider

Someone tipping \$200 after winning 1 Million should not be allowed to gamble.

Vegasrider et al, please comment on my proposed, revised slot handy tipping schedule:

\$1200: \$20 tip
\$5000: \$50
\$10,000: \$100
\$20,000: \$200
\$50,000: \$300
\$250,000: \$599
\$500,000: \$750
\$1M+: \$1000
Presidential Election polls and odds: https://2605.me/p
ChumpChange

• Posts: 4984
Joined: Jun 15, 2018
September 16th, 2021 at 3:27:07 PM permalink
I'd be buying travelers checks with a 1% vig. Sadly, they've fallen out of fashion.

Traveler's Checks When Traveling Abroad - Useful or Outdated?

Using Travelers Checks in Vegas - Las Vegas Forum - Tripadvisor
Vegasrider
• Posts: 963
Joined: Dec 23, 2017
September 16th, 2021 at 4:19:01 PM permalink
Quote: MichaelBluejay

Vegasrider et al, please comment on my proposed, revised slot handy tipping schedule:

\$1200: \$20 tip
\$5000: \$50
\$10,000: \$100
\$20,000: \$200
\$50,000: \$300
\$250,000: \$599
\$500,000: \$750
\$1M+: \$1000

LOL, I would be embarrassed to be with you if thats what you tipped. Imagine dining out and you run up a big bill, and the service and food was great. And the person who paid the \$500 bill leaves \$10 or \$15? Now if I won a million bucks, I honestly cannot say how much I would tip, but its a nice problem to have. Usually my standard on a handpay is 5% once you take the 28% off the top. Sometimes a bit less and sometimes more. Each situation is different based on location, time of year, etc.

Again, I have many friends in the service industry. I live in a state that heavily relies on the service industry. I generally tip very well. But again if you are from another country where tipping is NOT part of the culture,nor even if you are not familiar with the service industry, I get it why you think its a fair figure but its a wrong figure. Again, there is no exact amount you have to leave or there is a law. But its because of these cheap people, you will find an automatic tip already incorporated into your bill at many eating establishments. You even see it in poker tournaments where a certain percentage of the prize pool is reserved for the staff to ensure the staff doesn't get stiffed.
DRich
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September 16th, 2021 at 7:06:11 PM permalink
Quote: ChumpChange

I'd be buying travelers checks with a 1% vig. Sadly, they've fallen out of fashion.

Traveler's Checks When Traveling Abroad - Useful or Outdated?

Using Travelers Checks in Vegas - Las Vegas Forum - Tripadvisor

Wow, I don't think I have used travelers checks in over 20 years.
At my age, a "Life In Prison" sentence is not much of a deterrent.
ChumpChange

• Posts: 4984
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September 16th, 2021 at 7:10:59 PM permalink
If I win the table max at MS Stud (\$50K), I'd have to sign my name 495 times, twice.
100xOdds
• Posts: 4379
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September 16th, 2021 at 9:05:14 PM permalink
Quote: ChumpChange

I'd be buying travelers checks with a 1% vig. Sadly, they've fallen out of fashion.

Traveler's Checks When Traveling Abroad - Useful or Outdated?

Using Travelers Checks in Vegas - Las Vegas Forum - Tripadvisor

mods- another thread hijack post by him!
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
ChumpChange

• Posts: 4984
Joined: Jun 15, 2018
September 16th, 2021 at 9:41:48 PM permalink
What? No tip?
Wizard
• Posts: 26687
Joined: Oct 14, 2009
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September 16th, 2021 at 10:16:49 PM permalink
Quote: ChumpChange

I'd be buying travelers checks with a 1% vig. Sadly, they've fallen out of fashion.

Traveler's Checks When Traveling Abroad - Useful or Outdated?

Using Travelers Checks in Vegas - Las Vegas Forum - Tripadvisor

Hijacking. Based on prior offenses, lets do a month again*.

Note: Reduced from two months.
Last edited by: Wizard on Sep 17, 2021
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
naotoyoshida64
• Posts: 10
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September 17th, 2021 at 1:14:58 AM permalink
Perhaps what you should do first before tipping is knowing the tax that goes with it.
100xOdds
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September 17th, 2021 at 4:29:01 AM permalink
Quote: MichaelBluejay

Vegasrider et al, please comment on my proposed, revised slot handy tipping schedule:

\$1200: \$20 tip
\$5000: \$50
\$10,000: \$100
\$20,000: \$200
\$50,000: \$300
\$250,000: \$599
\$500,000: \$750
\$1M+: \$1000

what formula did you use for \$50k and above?
And I'm a fan of the \$1k cap.

Why \$599?
Would the slot attendant get a 1099 for \$600 tip?
If so, then \$599 is the perfect cap.

So for me, if that is true, then I would do 1% till \$10k then sqrt for anything above that till the \$599 tip cap.

Incendentily, sqrt (\$359k) is \$599.
And you get ~\$359k after 28% fed tax withholding from a \$500k win.

So \$500k win, ask for a check and take out the 28% fed tax.
The attendant will see the \$360k amount of the check.
Give \$599 tip.
Last edited by: 100xOdds on Sep 17, 2021
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100xOdds
• Posts: 4379
Joined: Feb 5, 2012
September 17th, 2021 at 4:30:27 AM permalink
Quote: naotoyoshida64

Perhaps what you should do first before tipping is knowing the tax that goes with it.

explain
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
Dieter
• Posts: 5686
Joined: Jul 23, 2014
September 17th, 2021 at 6:56:10 AM permalink
Quote: MichaelBluejay

Vegasrider et al, please comment on my proposed, revised slot handy tipping schedule:

\$1200: \$20 tip
\$5000: \$50
\$10,000: \$100
\$20,000: \$200
\$50,000: \$300
\$250,000: \$599
\$500,000: \$750
\$1M+: \$1000

I still value the tip at 0.1%. I might be convinced to value it at 0.33%. These rates are established by the casino. I value their action at the same rate they value mine.
I tip the \$20 at \$1200 because I also value the \$500, \$800, and \$1000 slot wins at 0.1%, but those are not hand paid, and I'd really get annoyed handing 50 cents to a slot attendant who walked over and congratulated me on a \$500 bonus feature as the meter increments and the fanfare plays.

Comparing to waitstaff is a bit unreasonable. Waitstaff are historically underpaid by the restaurant, with the expectation that they will be paid by the customer directly.
Slot attendants are significantly less underpaid.
I would be just fine having the payout issued as a restricted TITO slip that I then have to take to the cage for special processing, including the W-2G issuance.

Yeah, I'm a cheapskate. I will happily let Vegasrider tip the slot attendant the balance he feels I shorted.
May the cards fall in your favor.
MichaelBluejay
• Posts: 1627
Joined: Sep 17, 2010
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September 17th, 2021 at 7:22:30 AM permalink
Quote: 100xOdds

Why \$599?

Because 9 is right next to 0 on the keyboard. It's a typo, was supposed to be \$500.
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Vegasrider
• Posts: 963
Joined: Dec 23, 2017
September 17th, 2021 at 7:56:27 AM permalink
FYI- most slot attendants tips are pooled. So tipping \$50 might have to be split among a dozen people ir more or less, depending on the size of the casinos
TDVegas
• Posts: 1186
Joined: Oct 30, 2018
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September 17th, 2021 at 8:15:16 AM permalink
Quote: MichaelBluejay

Well, your response was similar to Scott's at Vital Vegas in terseness. He said only, "Inadequate in every instance."

He'd previously said that a \$1000 tip "feels right" for a \$1M hit, but he apparently changed his mind.

I think he might be generous because I suspect he's wealthy. He does Vital Vegas full time, but it doesn't appear to be monetized at all, so he apparently doesn't need the money.

His girlfriend is either a bartender or cocktail waitress. I’m also guessing he has many friends and acquaintances in the “tip” business. It’s not surprising he pushes for bigger tipping. He has a subscriber base and a voice. He’s well known to tip shame anyone (especially the famous) for being cheap on the tipping front.

I don’t believe he is “wealthy”…but obviously that’s a subjective opinion.

He does podcasts and probably does some freelance work in the gaming industry. What that entails, I’m not sure. I believe he used to be involved as a PR person for the Fremont Street Experience.
JohnnyQ
• Posts: 4038
Joined: Nov 3, 2009
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September 17th, 2021 at 8:37:00 AM permalink
Quote: 100xOdds

Quote: JohnnyQ

Quote: MichaelBluejay

In your case, do you care to elaborate on why you feel the proposed schedule is "ridiculous"?

• Well the stair step nature of it doesn't make sense to me.

It seems to me that you cover the "real world" range of hand-pays by saying 1 % BUT a minimum of \$20.

Simple. Concise. And if you can't do 1 % in your head:

a) you shouldn't be gambling ( ? )
b) use the calculator on your phone

1% of \$1M = \$10k
or if you choose a check and after 28% taxes are taking out, then 1% of \$720k = \$7200

1% up to \$1k tip?

What I mean to imply is that 1 % would cover the "real-world" jackpots most of us could ever REASONABLY expect to get.

So yeah, there would need to be a cap on the tip for jackpots that are waaaaaaaaaaaaaay out there on the distribution curve of jackpots.
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DRich
• Posts: 12045
Joined: Jul 6, 2012
September 17th, 2021 at 12:27:39 PM permalink
Quote: Vegasrider

FYI- most slot attendants tips are pooled. So tipping \$50 might have to be split among a dozen people ir more or less, depending on the size of the casinos

Wow, I have never heard of slot attendants pooling tips.
At my age, a "Life In Prison" sentence is not much of a deterrent.
AxelWolf
• Posts: 22296
Joined: Oct 10, 2012
September 17th, 2021 at 12:33:26 PM permalink
Quote: DRich

Quote: Vegasrider

FYI- most slot attendants tips are pooled. So tipping \$50 might have to be split among a dozen people ir more or less, depending on the size of the casinos

Wow, I have never heard of slot attendants pooling tips.