Revel promotion sounds too good to be true
Quote: strictlyAPIf anyone needs help with the revel promotion pm I am in ac 365 days a year
So you are strictlyAC :)
Quote: jonAssuming you go to the Revel, play one hand of video poker at $100 using this promotion, and then leave, I compute the advantage as follows:
Looking at the 6/5 ("sucker") paytable https://wizardofodds.com/games/video-poker/tables/jacks-or-better/ it looks like there is a .545 chance of losing, so with the rebate you would have $100. If you didn't lose (.455 chance) , the average result would be $195. Adding these results (.545*$100 + $.455*195) = $143.225. Thus, this promotion (at least using this strategy) would be a whopping 43% advantage.
I've been thinking about this, and I think there is a major mistake in my math above. It is not proper to say that the average winning payout is 1.95 from the 6/5 J or Better paytable on the WOO site. To determine the average winning payout, I think you have to use this formula: SUM for each winning rank (overall probability of that rank/ .45)* payout, where .45 is the probability of getting a winning hand (1-.55). Doing this, I get the average winning payout for the 6/5 J or better paytable to be 2.1. Then taking the losing contribution (.55*100*.95) + the winning contribution ($100*2.1*.45)=147, for a whopping 47% player advantage.
Can someone verify this is correct?
Quote: SanchoPanzaMailers arrived today. In addition to the aforementioned $100 and $100,000 limits, the fine print specifies, "Only slot, video poker and electronic table game play is eligible." Further along, it says: "One match offer per customer, per gaming day, per Revel Card account number. $500 maximum match per offer."
I assume the match part of that refers to the freeplay match promo?
There is a giant billboard on the ACE that advertises the rebate promo. They seem to be serious about giving slot players a free month of play. I wonder if the locals will abandon Atlantic Club for a month to play at Revel. That way, one casino may be below Revel in revenues for one month!
Quote: jonI've been thinking about this, and I think there is a major mistake in my math above. It is not proper to say that the average winning payout is 1.95 from the 6/5 J or Better paytable on the WOO site. To determine the average winning payout, I think you have to use this formula: SUM for each winning rank (overall probability of that rank/ .45)* payout, where .45 is the probability of getting a winning hand (1-.55). Doing this, I get the average winning payout for the 6/5 J or better paytable to be 2.1. Then taking the losing contribution (.55*100*.95) + the winning contribution ($100*2.1*.45)=147, for a whopping 47% player advantage.
Can someone verify this is correct?
Yes, I get a similar result under the condition that you could find a game that would allow you to place the full amount as a single bet. In this case, you could replace your 0 Payoff amounts in your combinatorial analysis with a 1 (simplified). This would be the same as summing the return of the game without rebate and the probability of losing a hand/roll/spin. With JOB 6/5, the return without loss rebate is 94.9961% and the probability of losing a hand is 54.5068%, so the expected return with loss rebate for a single bet is 149.5029%.
Above, I indicate that this is simplified for two reasons.
-First, the "1" would be true if you could play your FP on a 100.000% game. If the game is more or less, then multiply the return of your FP game by the probability of losing a hand before adding it to the base return. Say you can play JOB 9/6 without any progressives, then your return with rebate for a single bet of JOB 6/5 would be 94.9961% + (54.5068% * 99.5439%) = 149.2543%. If you could play a +EV game, then the return would be higher. (By the way, the return for playing JOB 6/5 both before and after is 146.7755%.)
-Second, when playing VP, strategy can be adjusted. It seems that you could bend your strategy to take advantage of a payout for "losing" the hand (ie, the FP received in the loss rebate). Unfortunately, I do not know of any VP calculators that allow you to enter a non-zero value for a losing hand.
Please note, that the examples above are exactly that - I am unfamiliar with the casino or its games, so I am not backing these as the best play.
EDIT/ADDITION: Furthermore, I am not sure of the effect to the return of having to play multiple hands, like when you can play $100 hands towards a $1000 rebate. If you end up playing 20 hands before you run through $1000, then you are only getting about 0.5 back when you lose. You would want to account for this when determining the return of various games in order to determine the best combination of before and after games to play.
Quote: rdw4potusI assume the match part of that refers to the freeplay match promo?
There is a giant billboard on the ACE that advertises the rebate promo. They seem to be serious about giving slot players a free month of play. I wonder if the locals will abandon Atlantic Club for a month to play at Revel. That way, one casino may be below Revel in revenues for one month!
Too bad they don't have anything as an incentive for winners.
Quote: Wizard (from the "Up to $ 1000 Riviera Slot Loss Rebate" thread)For this promotion, I would value video poker as follows, from most to least important:
1. Denomination (you want it high).
2. Volatility (you want it high).
3. Return.
Exactly right!
Note that this does not contradict the calculations above!
1. Get as close to a single bet as you can! (I would also stay away from multi-line play, unless it is the highest denomination available or it is the only way to play/lose enough in the timeframe of the offer. Remember, multi-line play reduces volatility...)
2. Picking a volatile, or high variance, game usually does not exclude games with a high probability of losing a hand, and it is easier to quantify the value of the rebate when you look at probability of loss.
3. While the base return is important, it is much less important than the first two criteria above! Compare TDB 9/7 and a keno 10-spot...
TDB 9/7: 99.5778% + 56.7491% = 156.3269%
K P10 *: 93.1955% + 93.5340% = 186.7295%
* K P10 pays 10,000/4,500/1,000/126/24/5/0/0/0/0/0
Just be sure to evaluate each game using the 3 criteria above, in order, and remember that along with VP, there are many keno and reel games that have a high probability of losing a hand. Games that are volatile and/or have a high probability of loss have top heavy pay tables. With a loss rebate, it is possible to play for a slightly higher chance of a "jackpot" hand with little risk.
Quote: camaplExactly right!
Note that this does not contradict the calculations above!
1. Get as close to a single bet as you can! (I would also stay away from multi-line play, unless it is the highest denomination available or it is the only way to play/lose enough in the timeframe of the offer. Remember, multi-line play reduces volatility...)
2. Picking a volatile, or high variance, game usually does not exclude games with a high probability of losing a hand, and it is easier to quantify the value of the rebate when you look at probability of loss.
3. While the base return is important, it is much less important than the first two criteria above! Compare TDB 9/7 and a keno 10-spot...
TDB 9/7: 99.5778% + 56.7491% = 156.3269%
K P10 *: 93.1955% + 93.5340% = 186.7295%
* K P10 pays 10,000/4,500/1,000/126/24/5/0/0/0/0/0
Just be sure to evaluate each game using the 3 criteria above, in order, and remember that along with VP, there are many keno and reel games that have a high probability of losing a hand. Games that are volatile and/or have a high probability of loss have top heavy pay tables. With a loss rebate, it is possible to play for a slightly higher chance of a "jackpot" hand with little risk.
There may be very high denomination slots that would be a better play, but for VP, the $25 9/6 DDB machine at Revel is perfect for this promo. Variance is high, denomination is high, and the return is the best available (98.98%) given the denomination.
Quote: jonI've been thinking about this, and I think there is a major mistake in my math above. It is not proper to say that the average winning payout is 1.95 from the 6/5 J or Better paytable on the WOO site. To determine the average winning payout, I think you have to use this formula: SUM for each winning rank (overall probability of that rank/ .45)* payout, where .45 is the probability of getting a winning hand (1-.55). Doing this, I get the average winning payout for the 6/5 J or better paytable to be 2.1. Then taking the losing contribution (.55*100*.95) + the winning contribution ($100*2.1*.45)=147, for a whopping 47% player advantage.
Can someone verify this is correct?
I still think you have to re-evaluate your win rate based on the fact that on any pair of Jacks or Better you would simply get your money returned and play again.
Quote: Mission146I still think you have to re-evaluate your win rate based on the fact that on any pair of Jacks or Better you would simply get your money returned and play again.
I think in that situation it wouldn't change the return. if you get J or better then it was like the first hand just never happened and you'd just play again for the same 147%. But I'm not positive, there's a reason why I decided to go to law school
Basically, just add up the probabilities of all other wins, and that is your win rate. Your loss rate is your loss rate and anything else is a tie. Whatever remains is your loss rate, and then re-figure your (average profit on win * win rate) - ($100 * Loss Rate).
It might end up being the same, I don't know, VP's not really my thing.
Sorry if this has been asked before, what what is the maximum loss allowed?
Quote: Mission146I'm suggesting you have to disclude it from your results set, which would make your loss rate higher.
Basically, just add up the probabilities of all other wins, and that is your win rate. Your loss rate is your loss rate and anything else is a tie. Whatever remains is your loss rate, and then re-figure your (average profit on win * win rate) - ($100 * Loss Rate).
It might end up being the same, I don't know, VP's not really my thing.
(100 * 0.129250) + (200 * 0.074429) + (300 * 0.011283) + (400 * 0.010911) + (500 * 0.011511) + (2400 * 0.002362) + (4900 * 0.000108) + (79900 * 0.000025) - (5 * 0.545068) = $46.78576
I'm using $95 as the Expected Return of the $100 FP, thus, I limited the expected loss to $5 when calculating losing.
I get a PE of 46.78576%.
EDIT: Good call, Jon.
One more thing we forgot to consider is cash back. Does the Revel offer cash back while you play this promotion? That could be another 1%
Quote: WizardI've had a couple requests to chime in on this thread. This reminds me of the Up to $ 1000 Riviera Slot Loss Rebate promotion, which I strongly recommended doing.
Sorry if this has been asked before, what what is the maximum loss allowed?
$100,000 seems to be confirmed as the max but...
Quote: SanchoPanzaMailers arrived today. In addition to the aforementioned $100 and $100,000 limits, the fine print specifies, "Only slot, video poker and electronic table game play is eligible." Further along, it says: "One match offer per customer, per gaming day, per Revel Card account number. $500 maximum match per offer."
...has me slightly confused.
Quote: RogerKintQuote: WizardI've had a couple requests to chime in on this thread. This reminds me of the Up to $ 1000 Riviera Slot Loss Rebate promotion, which I strongly recommended doing.
Sorry if this has been asked before, what what is the maximum loss allowed?
$100,000 seems to be confirmed as the max but...Quote: SanchoPanzaMailers arrived today. In addition to the aforementioned $100 and $100,000 limits, the fine print specifies, "Only slot, video poker and electronic table game play is eligible." Further along, it says: "One match offer per customer, per gaming day, per Revel Card account number. $500 maximum match per offer."
...has me slightly confused.
I think there are 2 separate promotions:
1. all slot losses in July up to $100,000 (minimum of $100) will be given as free slot play, 1/20th of the loss, once a week starting in August for a total of 20 weeks.
2. Revel will match free play mailers from other casinos.
Quote: randompersonFor the love of god, please let this thread die. We do not want the ev of this promotion in public. Count yourself as privileged that you and your immediate friends know about this and just stop. One time everyone, just stop and put everything in pm. Please. You are shooting all of us in our collective feet.
Yeah, i am sure this thread and not the 3 giant billboards on the AC Expressway are gonna give this one away.
This is a one-time promotion, and they've already committed to it and advertised it. There is nothing to "give away."
Revel is trying a hail mary to get relevant with the slot crowd. They WANT people to go for this promotion. They are likely happy it is being discussed in this thread. Of course it's an "AP" opportunity. Even someone who doesn't know what advantage play is will unknowingly play with a huge advantage during this promotion. That is the point of the promotion!
Quote: WizardSorry if this has been asked before but what is the most you can bet in one play of video poker? Slots?
I do not know the exact answer, but revel did just open a new high-limit slot room, so I think it's safe to assume there are $100 slots.
I also suspect (as I posted earlier) that the Revel needs cash (having just surfaced from bankruptcy) and this is a way for them to get a very large short term cash loan, albeit at a very high rate of interest.
Quote: randompersonFor the love of god, please let this thread die. We do not want the ev of this promotion in public. Count yourself as privileged that you and your immediate friends know about this and just stop. One time everyone, just stop and put everything in pm. Please. You are shooting all of us in our collective feet.
I encourage discussion to continue. This forum is tiny compared to the size of the Revel, so it should have little effect. I've also always felt the AP attitude of "Now that I know about it everybody else shut your mouth" to be selfish. There is plenty of pie in this case to go around.
Regarding the discussion at hand, we at least know that vpfree says they have $25 9-6 double double bonus (98.98%).
This is a very strong promotion and anybody who doesn't mind the weekly trips to collect the rebate should seriously consider doing it.
I'm going to guest host on Gambling with an Edge this coming Thursday. However, the show will tape on Tuesday. I need to run some simulations before the show to speak to the question of what is a good winning goal.
Quote: WizardThis forum is tiny compared to the size of the Revel
What? No way! There are totally more people here than there are there:-)
Stopped by today. Found the $25 ddb machine. Also, $100 reel slots. Feels like there should be $500 slots, but didn't see any.
Quote: rdw4potusStopped by today. Found the $25 ddb machine.
How many of these machines do they have?
Quote: jonHow many of these machines do they have?
I checked one machine in a bank of 4 in the high limit area. They weren't super keen on me loitering and not playing in there. Wouldn't want me to detract from the gaming experience of the one player in the HL area, I guess.
I walked from Bally's to the Trop to Revel and back to Bally's today. Revel was about 3 times less busy than any other casino that I visited. I'm staying at Harrah's, which is absolutely packed. I haven't been to Atlantic Club, Borgata, or Golden Nugget.
The other good games at Revel (9/6 JOB, illinois deuces, 9/6 DDB) are available on the floor at $1, $2, and $5 denominations.
They keep promoting that they are going to "refund" all losses, but the release makes no mention whatsoever that the "refund" will be in the form of free slot play. Reading this release, it sounds just like a cash refund.
http://www.prnewswire.com/news-releases/revel-announces-gamblers-wanted-campaign-casino-to-refund-all-slot-losses-in-july-and-match-all-competitor-slot-offers-212316511.html
It's a news release, so it's OK to reprint here:
Quote: RevelATLANTIC CITY, N.J., June 20, 2013 /PRNewswire/ -- Today, Revel Casino-Hotel, Atlantic City's newest and largest casino-hotel, announced its new marketing strategy: "Gamblers Wanted." Along with the introduction of the city's largest contiguous smoking section and new affordable dining options, Revel is announcing the most ambitious promotion in the history of Atlantic City:
You Can't Lose.
From July 1 to 31, all rated slot losses greater than $100 will be refunded to gamblers using a Revel Card. Gamblers who win, win, but a gambler that loses over the month of July will get that loss refunded.
In addition, on July 1 Revel also will begin matching slot offers players receive from all other Atlantic City casinos. Customers need only bring their original mail piece to the Revel Card Desk and an identical amount of Free Slot Play will be loaded to their Revel Card.
"Everybody deserves a second chance, and in order for Revel to earn one, we are offering a second chance to every slot customer," said Jeff Hartmann, Interim Chief Executive Officer. "Whether you played with us last week, have not visited in a year, or have never tried Revel, this exciting promotion is open to everyone and proves that at Revel, gamblers are wanted."
"We recognize that gamblers have been playing in Atlantic City for decades and have built up comp and offer history with our competitors," said Randall A. Fine, Managing Director of The Fine Point Group, which is overseeing Revel's marketing strategy. "We want gamblers, and with these two promotions, along with our new affordable dining options and Atlantic City's largest contiguous smoking section, we hope players come to one simple conclusion – why gamble anywhere else?"
These two promotions, combined with the "Gamblers Wanted" tagline, represent a new and aggressive strategy specifically targeting gamblers to convince them that they are not only welcome at Revel, but that their business is important and highly appreciated. The gaming promotions are the largest Atlantic City and the industry have seen and a first in terms of refunding slot losses incurred over an entire month.
"Revel is Atlantic City's newest and nicest property," said Hartmann. "It offers the most modern room product, a world-class collection of restaurants, by far the city's best concert venue, and parking that allows customers to walk straight from their cars right onto the slot floor. When you consider our amazing physical product combined with the most powerful marketing promotions in Atlantic City, we are excited to have gamblers come give us a second look."
"We are excited to re-launch this property with a promotion that says it all – You Can't Lose," said Fine. "We intend to give gamblers more of what they want – more fun, more action, more amenities, and the best casino experience in the history of this market. With these two promotions, we begin that strategy. But we are by no means finished."
Television, radio, newspaper, and outdoor advertising for this promotion will begin on Sunday, June 23. Mr. Hartmann has recorded a customer-oriented re-introduction video which will be available soon. For complete details and rules of both promotions, customers can visit the Revel Card Desk.
About Revel Casino-Hotel
Revel Casino-Hotel: Gamblers Wanted. Revel offers casino players the newest and most expansive casino hotel in the history of Atlantic City. Located along the city's world-famous boardwalk, and designed to offer endless views of the Atlantic Ocean, the casino offers 130,000 square feet of gaming space, the largest contiguous smoking casino in Atlantic City, 2,400 slots – none more than a year old, 130 table games, the high-limit Pearl Slot Lounge and high-limit table game Ultra Lounge. Revel features 1,399 ocean view rooms, indoor and outdoor pools, gardens, lounges, a 32,000-square-foot spa, 14 restaurants serving world-class cuisine and down-home favorites, a collection of boutiques, nightclubs, a dayclub and live entertainment on its stages at The Social and Ovation Hall.
For additional information and updates, please visit www.revelcasino.com.
Media Contacts:
Lisa Johnson
Lisa Johnson Communications for Revel
Lisa@lisajohnsoncommunications.com
609-788-8548
Susan Scheirer
The Fine Point Group
sscheirer@thefinepointgroup.com
609-377-6143
SOURCE Revel Casino-Hotel
Question: I have very little experience with free play, is there an inherent play-through requirement on free play at Revel, or did I miss it?
This does not consider:
1. The value of the player's time.
2. Risk aversion of the player.
3. Taxes.
4. Fuss of making 20 trips to collect the loss.
Quote: WizardMy simulation shows the optimal winning goal with a bankroll of 800 units ($100,000 / $125) is 1457 units, or $182,125 if betting $125 at a time. I show the probability of success is 22.03%. Ignoring any money that overshoots the winning goal in the last hand, the expected value is 22.03% * 1457 = 321 units = $40,125.
This does not consider:
1. The value of the player's time.
2. Risk aversion of the player.
3. Taxes.
4. Fuss of making 20 trips to collect the loss.
So this translates to $401 expected profit if you have a $1000 bankroll to take a shot at the promo... very strong.
edit, of course, this requires 21 separate trips, so that's gonna destroy the profit unless you have a lot more than $1000 to invest in this.
.771*20 = 15.42
Expected number of trips for this promotion is 16.42.
That's an expected profit of $2694.52 per trip if you can afford to bring the full $100,000 on trip 1.
For $2700 per trip, even you Vegas people can do this one.
Quote: randompersonFor the love of god, please let this thread die. We do not want the ev of this promotion in public. Count yourself as privileged that you and your immediate friends know about this and just stop. One time everyone, just stop and put everything in pm. Please. You are shooting all of us in our collective feet.
Quit worrying, they can't withdraw or bait-and-switch with this one, the publicity would be devastatingly bad. The casino is trying to recover right now, and get some of the gamblers that they should have had a good chance of getting to begin with, but screwed up.
Just look at the Free Play match from any AC casino. Do you know how to exploit that? Simple, take your best offer to Revel, run your FP through, leave. I think they are fully aware of that, and I am sure they are also aware of the potential player advantages this rebate provides.
I do expect to hurt her AC ADT with CZR Properties, but that is easily made up with a few trips in the fall of normal play (and probable losses).
Quote: BozI stated it would take a lot for me to go into Revel and this is it. Not the loss rebate offer, it is worthless to me as I am not going to travel 3 hours each week for 20 weeks to just get my money back assuming I will lose. But the match is a great deal. My wife gets many days with $200 to $400 free play at Caesars. We usually dont use most of them, but now that we can do this, we will make special trips. I expect to take $2000 to $3000 from Revel over the course of the month without $1 out of pocket money played there or spent there other than drink tips.
I do expect to hurt her AC ADT with CZR Properties, but that is easily made up with a few trips in the fall of normal play (and probable losses).
You're talking about making many trips before the end of fall. Why not do the loss rebate?
But even if we only get a couple hundred back off the free play, with no risk, it is worth it.
And I do hope some smart players beat the pants off them on this promotion.
And no, I am not a big fan of 2nd chances.
I did a similar, but smaller promo in Vegas last year. It was a $1000 loss rebate. Sooo, I went to the highest denomination slot I could find, which was a $100 slot. On the second pull, hit a $4K jackpot. I was done. Promo over for me. Was I sad that I didn't lose and collect my free roll? Certainly not. I never would have played if it weren't for the offered free roll. Could I have lost? Yes, negative variance is always a possibility, but it's still a +EV play. That's how you get ahead in this game.
Quote: WizardMy simulation shows the optimal winning goal with a bankroll of 800 units ($100,000 / $125) is 1457 units, or $182,125 if betting $125 at a time. I show the probability of success is 22.03%. Ignoring any money that overshoots the winning goal in the last hand, the expected value is 22.03% * 1457 = 321 units = $40,125.
This does not consider:
1. The value of the player's time.
2. Risk aversion of the player.
3. Taxes.
4. Fuss of making 20 trips to collect the loss.
Is the value of players club cash back and comps as well as direct mail offers baked in?
Quote: VegasdoodIs the value of players club cash back and comps as well as direct mail offers baked in?
no
Quote: BozI stated it would take a lot for me to go into Revel and this is it. Not the loss rebate offer, it is worthless to me as I am not going to travel 3 hours each week for 20 weeks to just get my money back assuming I will lose. But the match is a great deal. My wife gets many days with $200 to $400 free play at Caesars. We usually dont use most of them, but now that we can do this, we will make special trips. I expect to take $2000 to $3000 from Revel over the course of the month without $1 out of pocket money played there or spent there other than drink tips.
I do expect to hurt her AC ADT with CZR Properties, but that is easily made up with a few trips in the fall of normal play (and probable losses).
Do you know if you need to bring the mailer in at Caesar's to get that, or is it automatically loaded?
The reason I ask is that, when I took advantage of a similar offer in which Horseshoe Cleveland DOUBLED any FP offer, back in December, they asked to keep my mailer from Scioto Downs. Fortunately, at Scioto Downs, I never needed the mailer as your FP is already loaded onto your card for each week.
So, if you need the mailer for Caesar's, I would call Revel and ask if they take your mailer, if so, just do it at the end of the month.
| Win goal | Prob success | Average win |
|---|---|---|
| 100 | 73.1% | 166.29 |
| 200 | 63.3% | 222.06 |
| 300 | 56.7% | 257.69 |
| 400 | 51.2% | 284.36 |
| 500 | 46.6% | 304.45 |
| 600 | 42.8% | 319.62 |
| 700 | 39.3% | 331.32 |
| 800 | 36.1% | 340.25 |
| 900 | 33.3% | 347.00 |
| 1000 | 30.7% | 351.26 |
| 1100 | 28.4% | 353.81 |
| 1200 | 26.4% | 354.83 |
| 1300 | 24.6% | 355.02 |
| 1400 | 22.9% | 354.12 |
| 1500 | 21.4% | 352.21 |
| 1600 | 20.0% | 349.41 |
| 1700 | 18.8% | 345.94 |
| 1800 | 17.6% | 341.87 |
| 1900 | 16.5% | 337.51 |
| 2000 | 15.5% | 332.67 |
Given these choices, the best if a winning goal of 1,300, with an average win of 355.0 units.
Let's look more closely at the range from 1200 to 1400, to get a more exact goal.
| Win goal | Prob success | Average win |
|---|---|---|
| 1200 | 26.4% | 354.83 |
| 1210 | 26.2% | 354.91 |
| 1220 | 26.0% | 354.96 |
| 1230 | 25.8% | 355.05 |
| 1240 | 25.6% | 355.05 |
| 1250 | 25.5% | 355.10 |
| 1260 | 25.3% | 355.11 |
| 1270 | 25.1% | 355.07 |
| 1280 | 24.9% | 354.99 |
| 1290 | 24.7% | 355.03 |
| 1300 | 24.6% | 355.02 |
| 1310 | 24.4% | 354.96 |
| 1320 | 24.2% | 354.88 |
| 1330 | 24.1% | 354.76 |
| 1340 | 23.9% | 354.71 |
| 1350 | 23.7% | 354.69 |
| 1360 | 23.6% | 354.63 |
| 1370 | 23.4% | 354.52 |
| 1380 | 23.2% | 354.44 |
| 1390 | 23.1% | 354.32 |
| 1400 | 22.9% | 354.12 |
The maximum expected win is 355.11 units at a goal of 1,260. The probability of success is 25.3%.
So, playing the $25-denom 9-6 Double Double Bonus game the expected win from this promotion is $125 * 355.11 = $44,389.
Another forum member is working on a confirmation of this.
I came to this forum to post about the Revel promo and I'm happy to see that the discussion is already underway. There are a few things about which I'm still unclear.
First, thanks to the Wizard for his detailed analysis. What I don't understand, however, is why someone would play 9-6 Double Double Bonus, which returns 98.98%, instead of 9-6 Jacks or Better, which with optimal strategy returns 99.54% (numbers taken from the Wizard's site, obviously).
Also, is it possible to perform a mathematical analysis to determine if it's possible to obtain a higher EV than what the Wizard determined is possible for video poker, if a random slot machine with a large jackpot was to be played?
Also, how likely is it that Revel will remove the full pay machines at any time during the promo or at any time during the payback period?
And certain people have expressed concerns that there is some chance that if Revel doesn't make any money over the summer, they will declare bankruptcy (again) and all the people who lose money in the promo will be screwed, just like all Revel's creditors got screwed the last time they filed for bankruptcy. How realistic is this possibility?
If anyone (Wizard?) has any specific questions about the promotion, or about which machines and which pay tables at whatever denominations are available, feel free to PM me and I will personally check in Revel (I live very close).
Thanks
