100xOdds
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April 11th, 2015 at 9:22:58 AM permalink
My local casino has an ongoing promo: Free slotplay = $10 or 10% of loss up to $40, whichever is greater.

I calculate that I need to play through $1875 on 9/6 JoB to qualify for the promo.
Can do this promo once a day.

denom/# of hands needed:
$1/375
$2/188
$5/75
$10/38
$25/15

I'm thinking either $2, $5 or $25.

$2: Wont get a w2-g for a straight flush
$5: Wont get a w2-g for quads
$25: won't get a w2-g for a full house

I'm leaning towards the $25 denom.
i goto this casino once a week. so variance should smooth out the more times i play.

And the more $ i lose, the higher the free play i get.
but if i win for that day, i still get $10.

Which denom would you pick?
Why?


edit:
Mods- Can you modify my thread title to say "9/6 JoB Promo: Play $1,$2,$5,$10 or $25 denomination?"

edit2 (6/6/15):
Variance: Do I want more or less? Why?
ie: $5 denom vs $1
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
100xOdds
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April 12th, 2015 at 5:28:00 AM permalink
Thx Mods!
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
GWAE
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April 12th, 2015 at 5:35:52 AM permalink
Similar to oher questions you asked. The answers depend on your goals.
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW
Sigsev
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April 12th, 2015 at 6:01:42 AM permalink
The $2 and $10 bet levels would put you over the requirement to qualify for the promo, so I would choose between the $1, $5, and $25 levels. I'd choose the $5 level if bankrolled properly, or the $1 level if I'm concerned about short term variance. 375 hands should take about 30 mins or so, would still be a quick way to qualify.
Dieter
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April 12th, 2015 at 11:13:18 AM permalink
Quote: 100xOdds

Which denom would you pick?
Why?



I doubt that 1L 9/6 JoB @ $1, $2, $5, $10, $25 is the only VP on offer. What else is there?

I don't object to running a bit more action than necessary to qualify for a promo. Running exactly the required $1875 coin-in might not survive scrutiny, and your mailers might suffer.

What do they have as a 10 line game at 25c/50c/$1? (A standard game - not like UTX / STP / DSTP/ HotRoll - just 5 coins/line, 10 lines @ $1 will be about 4 minutes of play to qualify for the promo. I also aim for "more time playing than standing in line to redeem a promo" as a goal, but YMMV.)
May the cards fall in your favor.
100xOdds
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April 12th, 2015 at 11:24:37 AM permalink
Quote: Dieter

Quote: 100xOdds

Which denom would you pick?
Why?



I doubt that 1L 9/6 JoB @ $1, $2, $5, $10, $25 is the only VP on offer. What else is there?

I don't object to running a bit more action than necessary to qualify for a promo. Running exactly the required $1875 coin-in might not survive scrutiny, and your mailers might suffer.

What do they have as a 10 line game at 25c/50c/$1? (A standard game - not like UTX / STP / DSTP/ HotRoll - just 5 coins/line, 10 lines @ $1 will be about 4 minutes of play to qualify for the promo. I also aim for "more time playing than standing in line to redeem a promo" as a goal, but YMMV.)



9/6 JoB is the best game the casino has and only available as single line, $1 denom minimum.
their next best game is 99% ddb, also single line and $1 denom minimum.

all their multi-line games are ~97.5% at best.

10lines @ $1?
then why not single line $10 9/6 JoB?

same amount risked per spin.
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
Dieter
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April 12th, 2015 at 11:37:00 AM permalink
Quote: 100xOdds


10lines @ $1?
then why not single line $10 9/6 JoB?

same amount risked per spin.



Covariance.
May the cards fall in your favor.
100xOdds
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April 12th, 2015 at 3:49:40 PM permalink
Quote: GWAE

Similar to oher questions you asked. The answers depend on your goals.


this promo is +EV.

$1875*.5% = 9.38
i get at least $10 freeplay.

the more i lose, the more freeplay i get.
but should even out to the theo 99.5% return over time.

and if i win that session, i still get $10.
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
100xOdds
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April 12th, 2015 at 3:51:21 PM permalink
Quote: Dieter

Covariance.


but given the choice of single line 9/6 JoB or a multi-line 97.5% machine, you'd pick 9/6 JoB right?

so at what denom would you play?
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
Dieter
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April 12th, 2015 at 4:17:55 PM permalink
Quote: 100xOdds

but given the choice of single line 9/6 JoB or a multi-line 97.5% machine, you'd pick 9/6 JoB right?

so at what denom would you play?



Well, you've left out some details ($1875 coin in sounds like a strange number to me, so... 150 points @ $12.5 per? 250 points @ $7.5 per?)...

Is this one of those places that awards slot points at different rates on different machines? Do the points accrue faster on the lower-RTP machine?

It's all a big balancing act. In my particular case, I strongly dislike DW & 1-line VP, so many times I won't play them even if those are the best options mathematically.

Doesn't sound like a great promo to me, anyway, so I might pass. (I typically see promos like $200 coin in yields $10 FSP, or $800 coin-in yields $50 FSP, without limitations like "up to 10% of loss" - but with limitations like "points must be earned between 11p-3a, only offered on certain days of the week".)

That said, if I absolutely had to throw almost $1900 into action to make $10 and it had to be on 1L 9/6JoB, $1 wins for variance, $5 knocks the play time down to something reasonable (about 30 minutes vs about 10 minutes).

I'd rather do it playing something I enjoy, like a multi-line BP. And, if you can rack up your coin-in on play spread across multiple machines, I hope you're vulturing UTX for the first round of as many dollars as you can find multipliers for (and - possibly - playing them at 10 coins/line until you don't have a multiplier anymore.)
May the cards fall in your favor.
100xOdds
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June 6th, 2015 at 9:04:37 PM permalink
Quote: Dieter

That said, if I absolutely had to throw almost $1900 into action to make $10 and it had to be on 1L 9/6JoB, $1 wins for variance, $5 knocks the play time down to something reasonable (about 30 minutes vs about 10 minutes).

I'd rather do it playing something I enjoy, like a multi-line BP. And, if you can rack up your coin-in on play spread across multiple machines, I hope you're vulturing UTX for the first round of as many dollars as you can find multipliers for (and - possibly - playing them at 10 coins/line until you don't have a multiplier anymore.)



so you want to minimize variance? Why?

and thx for the tip for 10coin UTX vulturing.
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
Dieter
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June 6th, 2015 at 9:45:38 PM permalink
Quote: 100xOdds

so you want to minimize variance? Why?



My strategy, when milking a promo, is to lose as little as I have to to qualify, while qualifying in a reasonable time.

$1900 @ 5x$1 = 380 rounds of $5 each. At most, I lose $5 per round.
$1900 @ 5x$2 = 190 rounds of $10 each. $10/round.
$1900 @ 5x$5 = 76 rounds of $25 each. $25/round.

Not sure if your $10 and $25 need 5 coins/hand for the 800:1 RF. If not, what's the advantage of playing these vs the $2 or $5 machines?

There is a potential disadvantage, as with higher denomination machines, your maximum win becomes a tax form, and you stand to lose more per round. A few bad rounds in a row, and that's a pretty nasty hit on the bankroll for the day. That effect is lessened at a lower denomination.

800/50/25/9/6, 5 coins: $1 RF is a tax form, $5 SF or better is a tax form, $10 4oK or better is a tax form. ($25 is just shy of FH hitting $1200 - 9x5x$25=$1125.)
Even if you always report all your action and properly pay the IRS for the privilege, pausing for 20 minutes with a locked machine and filing paperwork is annoying, and I don't particularly want to look like the cheapskate I am when the handpay attendant wants a tip.

Unless there's a significant advantage to the big swing, I don't want a big swing.
May the cards fall in your favor.
100xOdds
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June 6th, 2015 at 9:59:14 PM permalink
Quote: Dieter

My strategy, when milking a promo, is to lose as little as I have to to qualify, while qualifying in a reasonable time.

Even if you always report all your action and properly pay the IRS for the privilege, pausing for 20 minutes with a locked machine and filing paperwork is annoying, and I don't particularly want to look like the cheapskate I am when the handpay attendant wants a tip.

Unless there's a significant advantage to the big swing, I don't want a big swing.


all the denoms is the same 4000 credits for a Royal at max bet, which is 5 coins.

I agree that $10 and $25 denoms should be ruled out because it's tooooo easy to get a w2-G.

and As I said in my OP:
'the more $ i lose, the higher the free play i get.
but if i win for that day, i still get $10.'

since this is an on-going promo w/no end date (yet), then I will avg close to the 99.6% house edge the more days I play.

so for bad rounds, it gets made up by more free slot play.
and if I get great variance (ie: Royal at $5 denom for $20k) then I will be ecstatic!

so I'm thinking the $5 denom is my optimum choice?
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
Dieter
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June 7th, 2015 at 3:04:57 AM permalink
Quote: 100xOdds

and As I said in my OP:
'the more $ i lose, the higher the free play i get.
but if i win for that day, i still get $10.'



I may not be the greatest player in the world, but getting a 10% loss rebate as FSP is still losing.. right?

I mean, say you lose $400, and get the maximum $40 FSP for it. Say you even get a good run of things, and get triple* face value out of the FSP.

You're still down $280, right? And losing isn't the goal, right?

So I guess the goal of the play would be to hold even and make $10 FSP.

Of course, if your bankroll can handle $5 VP**, why are you trying to make $10/day?



*Triple, nice one! I usually only get face value.
**$5 JoB, 0.5% coin-in back (very close to $10 @ 1875 coin-in), 50% ROR = $381k. Seriously... $10/day? You can get a savings account at 1%, which would give you $10/day with zero risk.
May the cards fall in your favor.
AxelWolf
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June 7th, 2015 at 4:41:16 AM permalink
Quote: Dieter

I may not be the greatest player in the world, but getting a 10% loss rebate as FSP is still losing.. right?

I mean, say you lose $400, and get the maximum $40 FSP for it. Say you even get a good run of things, and get triple* face value out of the FSP.

You're still down $280, right? And losing isn't the goal, right?

So I guess the goal of the play would be to hold even and make $10 FSP.

Of course, if your bankroll can handle $5 VP**, why are you trying to make $10/day?



*Triple, nice one! I usually only get face value.
**$5 JoB, 0.5% coin-in back (very close to $10 @ 1875 coin-in), 50% ROR = $381k. Seriously... $10/day? You can get a savings account at 1%, which would give you $10/day with zero risk.

I'm not sure why he needs to pot 1875 coin in? If he was playing for just the 10% rebate he should just play the highest denomination.

He may get good mail doing it. He may enjoy gambling.
♪♪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♪♪
Dieter
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June 7th, 2015 at 11:46:38 AM permalink
Quote: AxelWolf

I'm not sure why he needs to pot 1875 coin in? If he was playing for just the 10% rebate he should just play the highest denomination.

He may get good mail doing it. He may enjoy gambling.



Quote: 100xOdds

I calculate that I need to play through $1875 on 9/6 JoB to qualify for the promo.



I'm not sure of the exact terms of the rebate, but I'm inferring that it's 10% of coin-in minus coin-out, capped at $40.

Losing $25 at a time to make a $40 FSP rebate seems like poor form to me, but your mileage may vary.
May the cards fall in your favor.
GWAE
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June 7th, 2015 at 1:08:03 PM permalink
100x you seem to think that if you lose 200 going after $5 then you will get better mailers. Generally that is not the case. It may be at some places but most places are going to mail you based on your adt and not your actual wins and loses. With 9/6 your adt is small so free play based on that will be small.
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW
RS
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June 7th, 2015 at 1:17:31 PM permalink
I figured the $1875 coin in is because 9/6 JOB [probably] requires $25 coin in = 1 TC. $1875/$25 = 75 TC's....so this promo probably requires 75 TC's before being eligible.


I'm not the best at this LR stuff, especially when you need to meet a certain requirement and it's not 100% rebate...and it's only up to X amount. That being said, you may want to look at a lower returning game that only requires $10 coin in for 1 TC (so you only gotta do $750 coin in). Perhaps 8/5 BP, 9/6 DDB, or airport deuces (98.89% one....15/9/4/4/3/2/1 paytable). Run it on something like $2 denom ($10/spin). If you're ahead by like $50 or so, then quit. If you finish the TC requirement, then bump it up to $5, $10, or $25 denom. Then play until you're up $50 or more, or quit when you've lost $400.
jeffwarren75
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June 7th, 2015 at 1:21:00 PM permalink
I was asking the same thing- even free rolling 10 dollars hard let seems worth the gas- the mailers cannot possible be good - even if they gave you a 5 percent theo that would be 90 dollars so what could the mailers really be? I have no clue but still cannot possibly be worth the effort 25 a day in mailers equals 750 for the month if they gave a mailer every single day/ that's a hell of a lot of trips to pick up money - is there something that I am missing ? Possibly but this looks like a play worth less then ten dollars- you could make more putting and add on Craigslist to walk a dog
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