Would a $600 win in e-Baccarat give me a W2-G?
August 19th, 2012 at 2:02:55 PM
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electronic tables are considered slots. thus $1200+ gets you a W2-G.
$600 win as Player + $600 original bet = $1200 returned to me thus should result in a W2-G.
but if you won as Banker, there's a 5% commission on the win = $30. thus you only win $570.
570 + 600 = $1170.
so there should be no W2-G if you won as Banker.
Can anyone confirm?
$600 win as Player + $600 original bet = $1200 returned to me thus should result in a W2-G.
but if you won as Banker, there's a 5% commission on the win = $30. thus you only win $570.
570 + 600 = $1170.
so there should be no W2-G if you won as Banker.
Can anyone confirm?
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
August 19th, 2012 at 2:08:51 PM
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I'd say you'd get nailed because you did win the full amount.
The 5% was deducted after the win. I see people make big
bet on these tables all the time and act like they've accomplished
something when they come around with the paperwork. All
you've done is insured that the IRS will get a third of that jackpot,
congrats. Be smart, make bets that never pay over $1200.
The 5% was deducted after the win. I see people make big
bet on these tables all the time and act like they've accomplished
something when they come around with the paperwork. All
you've done is insured that the IRS will get a third of that jackpot,
congrats. Be smart, make bets that never pay over $1200.
"It's not called gambling if the math is on your side."
August 19th, 2012 at 2:38:39 PM
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Quote: EvenBobI'd say you'd get nailed because you did win the full amount.
The 5% was deducted after the win. I see people make big
bet on these tables all the time and act like they've accomplished
something when they come around with the paperwork. All
you've done is insured that the IRS will get a third of that jackpot,
congrats. Be smart, make bets that never pay over $1200.
thx!
so $599 max on e-Bacarat it is.
and yeah on structuring bets to get back 1199 at most.
i saw a guy play e-craps (3/4/5x odds) and betting $100 on the passline.
point = 5 thus odds = $400. He hits.
payout is 700 win + 500 original bet = $1200 => W2-G!
And he had at least 6 of them.
if he just bet $1 less on his odds, he would have avoided the W2-G.
i've learned a long time ago not to give gambling advice to people making big bets.
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
August 19th, 2012 at 2:52:34 PM
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You don't suppose there is some way to get a statement on your losses/wins with a player's card in Maryland?
West Virginia [penn national gaming] does seem to offer that:
http://winloss.pngaming.com/
West Virginia [penn national gaming] does seem to offer that:
http://winloss.pngaming.com/
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell! She is, after all, stone deaf. ... Arnold Snyder
August 19th, 2012 at 3:07:20 PM
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Quote: odiousgambitYou don't suppose there is some way to get a statement on your losses/wins with a player's card in Maryland?
The only way to claim losses is a huge hassle, why bother. Just
don't win over $1200, its easier that way.
"It's not called gambling if the math is on your side."
August 19th, 2012 at 8:22:12 PM
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I would assume that the $1199 is only checked after you reduce your win by the commission. On a slot, the amount won is the amount that will be added to your credit meter. In the SAS (slot accounting system) protocol, there is no meter for commission.
But, I would still bet $599 to make absolutely sure.
But, I would still bet $599 to make absolutely sure.
I heart Crystal Math.
August 19th, 2012 at 8:36:16 PM
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Where is there video baccarat?
August 20th, 2012 at 12:28:01 AM
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Quote: PokeraddictWhere is there video baccarat?
I was wondering too. I don't think they have it at Maryland Live, which has the definite distinction of "electronic tables are considered slots"
http://www.marylandlivecasino.com/casino/top-e-table-games/
I was wrong. Haven't seen them, 100x, and I assume M-Live is where your conundrum is. Have I just missed that it is one choice on the same machine that has craps, roulette, and sic bo as choices?
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell! She is, after all, stone deaf. ... Arnold Snyder
August 20th, 2012 at 1:37:45 AM
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So what about the rule, it's only on payouts greater than 300 - 1?? That would not affect Bac or Craps.
When a rock is thrown into a pack of dogs, the one that yells the loudest is the one who got hit.
August 20th, 2012 at 5:40:57 AM
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300-1 is only applicable on winning at a track. $1500 at Keno. Over $1199 on slots, including amount if wager.
Before you diagnose yourself with depression or low self-esteem, first make sure that you are not, in fact, just surrounded by assholes." ~ William Gibson
August 20th, 2012 at 5:43:05 AM
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Quote: DeMangoSo what about the rule, it's only on payouts greater than 300 - 1?? That would not affect Bac or Craps.
Electronic table games are treated like slot machines. The 300-1 rule goes out the window.
I heart Crystal Math.
August 20th, 2012 at 11:37:19 AM
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You'd think they would have noticed regular slot machines that have some payouts at $1,199 and connect the dots....Quote: 100xOddsI've learned a long time ago not to give gambling advice to people making big bets.
Or at least connect the dots after they get thier first W2-G....
I invented a few casino games. Info:
http://www.DaveMillerGaming.com/
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
August 20th, 2012 at 12:10:29 PM
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Quote: odiousgambitI was wondering too. I don't think they have it at Maryland Live, which has the definite distinction of "electronic tables are considered slots"
http://www.marylandlivecasino.com/casino/top-e-table-games/
I was wrong. Haven't seen them, 100x, and I assume M-Live is where your conundrum is. Have I just missed that it is one choice on the same machine that has craps, roulette, and sic bo as choices?
yes, same terminal can play all 4 games
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
August 20th, 2012 at 12:25:16 PM
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Wow! That would be one foolish person playing that machine!
When a rock is thrown into a pack of dogs, the one that yells the loudest is the one who got hit.
August 20th, 2012 at 1:54:16 PM
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Quote: avargov300-1 is only applicable on winning at a track. $1500 at Keno. Over $1199 on slots, including amount if wager.
Actually, it's 300-1 or higher on any bet where you also win at least $600 (not necessarily "at the track" - it could be at a sports book), plus these exceptions:
$1200 for bingo and slot machines/gaming devices (e.g. video poker)
$1500 for keno
$5000 (after deducting the buy-in) for a poker tournament
