Meadows High Limit Slot/Video Poker Pool

Just getting this thread started and will update as more is known/decided. The basics each share will be $25 and all money left after play will be divided by the shares and returned. Post if interested and attending.

Spot served for official rules.

1. Each share buy-in investment is $25 and nonrefundable. Only paid shares will be valid.
Any intention made to participate, but unpaid will be ignored and not considered valid. Each valid paid share will have one vote for any situation a vote is necessary.

2. The goal for cash out on each machine will be to double the money inserted inside or lose it all. Each dollar will be played at least once similar to free play.

3. The judge will ask for a vote at any point he deems necessary based on the situation. The vote will be to play X more minutes, until X more dollars are lost, until X are won, or to cash out immediately. The judge's decision will be absolute and final.

4. Any win which generates a W2G up to $5000, the actual player pressing the button generating the win, will have the option of taking 25% maximum to cover his/her tax liability and assuming all responsibility for all taxes. Anything higher than $5000, we will ask for a shared win tax form to distribute among the share payout and no button pusher withholding for taxes will exist. We will tip 1% to the slot attendant from the pool money on any W2G win.

5. All money in the pool at completion of event will be divided by the number of paid shares, rounded down to the lowest $ 00.25 amount, and distributed immediately and proportionately for each share to each person.

6. Vote for players for each machine will take place at dinner and the event will follow afterward. If nobody is chosen, we will choose them randomly and proportionately per share with dice .

7. Machines played will be based on availability and allowance for the group to witness without disturbing anyone. If the group isn't allowed in the high limit room or allowed to witness the machine played, we'll play another machine.

8. ONM will be the judge.

I will be there and will be in for 2 shares.

duplicate

Poll question:
Assuming a $200 budget a machine, based on availability, and to judge interest, $5 denomination best paytable DDB or $1 denomination best DDB, $1 denomination Double Times pay DDB?

Ultimately will depend on scouting the same day before we know what the machine actually will be.

I'm in for 1, possibly 2 shares.

Will the strategy be to play for royals, or just go with perfect VP play?

Quote: RaleighCraps

I'm in for 1, possibly 2 shares.

Will the strategy be to play for royals, or just go with perfect VP play?

We're following basic strategy.

I must have missed something can someone explain?

Quote: AxelWolf

I must have missed something can someone explain?

It's an event for the meet at meadows.

Mrs and I are in for one share each.

Quote: AxelWolf

I must have missed something can someone explain?

we are having a get together at the Meadows near Pittsburgh. We are polling money to take a shot at a higher limit than normal (for most of us). The 2nd post down will eventually have the rules. I think the original idea was to put the money into a machine and either stop when we double, run out, or w2g.

I'm in for at least 1, possibly a few more shares.

What is their best high(ish) limit VP game?

I have nothing to do this weekend so maybe I will take a drive down there and scout the machines. I never go on the $1 or $5 machines so I have no idea. I will also take a look at the slot machines. I presume at the larger that $1 level.

First draft up for rules. Did I forget anything? Anything which should different or reworded?

I'm planning on 2 shares.

One share here, reserving the option for a second if craps goes really well.

Quote: AZDuffman

One share here, reserving the option for a second if craps goes really well.

Not a problem.

Can you do this if you are not going to make it, I can pay by PayPal.

Quote: beerseason

Can you do this if you are not going to make it, I can pay by PayPal.

No. The first reason I'm not sure of the legality, the second being responsibility for nothing, the third is only negatives. I don't take paypal, but reversals would be too risky at this point. It would be your risk and on someone else to try this, but it's without my involvement and knowledge if you did. Sorry.