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Dyvan13
Dyvan13
Joined: May 27, 2016
  • Threads: 39
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RSForager
January 8th, 2019 at 11:01:43 PM permalink
AP Video Poker is almost a thing of the past. The internet has provided too much information to both players and casino execs on how to beat the games. Big wig VP players have sold out and become pets for said casino execs. Unless you have insider AP info, your best scenario is making minimum wage plus some mediocre comps. It seems like every month casinos are tightening their machines. I'm glad I got in on the Palms 10-Play 9/6 Jacks before that was ruined. Ironically enough, I lost my ass on those machines. Boyd has ruined their rewards program, The M and Stations have tightened up theirs. Welp, I'm here to ride the wave out, but each passing year gets more depressing for AP's. Casinos want slot players anyway.
Romes
Romes
Joined: Jul 22, 2014
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  • Posts: 5339
January 9th, 2019 at 12:29:57 AM permalink
The two biggest scores we've had in the very recent time frame have both been from VP totaling over $30,000.

Look harder.
Playing it correctly means you've already won.
Wizard
Administrator
Wizard
Joined: Oct 14, 2009
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January 9th, 2019 at 2:22:47 AM permalink
Not to mention the change in the tax law, making jackpots taxable for most players.
It's not whether you win or lose; it's whether or not you had a good bet.
terapined
terapined
Joined: Dec 1, 2012
  • Threads: 75
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ten2win
January 9th, 2019 at 6:32:57 AM permalink
VP died for me when the Four Queens got rid of the banks of machine by Magnolias that was full pay Double Bonus with a progressive. I used to fly out to Vegas and stay at the Four Queens just to play those machines.
"Everybody's bragging and drinking that wine, I can tell the Queen of Diamonds by the way she shines, Come to Daddy on an inside straight, I got no chance of losing this time" -Grateful Dead- "Loser"
FinsRule
FinsRule
Joined: Dec 23, 2009
  • Threads: 119
  • Posts: 3667
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7craps
January 9th, 2019 at 6:42:29 AM permalink
Casinos should be getting rid of AP. They should also be preventing counters from getting advantages.

I understand bemoaning the fact that it is no more, but these are all smart decisions by casinos.
Zcore13
Zcore13
Joined: Nov 30, 2009
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bobbartop
January 9th, 2019 at 6:43:12 AM permalink
Quote: terapined

VP died for me when the Four Queens got rid of the banks of machine by Magnolias that was full pay Double Bonus with a progressive. I used to fly out to Vegas and stay at the Four Queens just to play those machines.



Twin arrows casino in Flagstaff has 8 quarter VP machines with an average of over 99% and a progressive. You dont earn comps though. I hit a $1,000 quad last week. A lady next to me was playing DW and got nothing on the deal. Drew all 5 cards and hit a natural royal for the $1,600 progressive.

They also have some $1 progressives that were over $8,000 when I was there.


ZCore13
I am an employee of a Casino. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
cmlotito
cmlotito
Joined: Jun 3, 2013
  • Threads: 20
  • Posts: 313
January 9th, 2019 at 7:06:49 AM permalink
Quote: Wizard

Not to mention the change in the tax law, making jackpots taxable for most players.



Why wouldn't jackpots be taxable?
Wizard
Administrator
Wizard
Joined: Oct 14, 2009
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  • Posts: 19918
January 9th, 2019 at 7:30:20 AM permalink
Quote: cmlotito

Why wouldn't jackpots be taxable?



Here are some reasons:

1. The winner doesn't have enough income to be taxed.
2. The winner still itemizes, despite the increase in the standard deduction, so can deduct a gambling loss against it.
3. The winner files as a professional gambler, who have different rules for gambling winnings.
It's not whether you win or lose; it's whether or not you had a good bet.
cmlotito
cmlotito
Joined: Jun 3, 2013
  • Threads: 20
  • Posts: 313
January 9th, 2019 at 8:21:24 AM permalink
Quote: Wizard

Here are some reasons:

1. The winner doesn't have enough income to be taxed.
2. The winner still itemizes, despite the increase in the standard deduction, so can deduct a gambling loss against it.
3. The winner files as a professional gambler, who have different rules for gambling winnings.



Thank you.
terapined
terapined
Joined: Dec 1, 2012
  • Threads: 75
  • Posts: 5143
January 9th, 2019 at 9:06:00 AM permalink
Quote: Wizard

Here are some reasons:

1. The winner doesn't have enough income to be taxed.
2. The winner still itemizes, despite the increase in the standard deduction, so can deduct a gambling loss against it.
3. The winner files as a professional gambler, who have different rules for gambling winnings.



Why do professional gamblers have different rules?
To me its somebody in business for themselves. You subtract loses from gains and pay taxes on the diff regardless if your business is gambling or selling something
"Everybody's bragging and drinking that wine, I can tell the Queen of Diamonds by the way she shines, Come to Daddy on an inside straight, I got no chance of losing this time" -Grateful Dead- "Loser"

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