kewlj
kewlj
Joined: Apr 17, 2012
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April 26th, 2015 at 5:49:43 PM permalink
At the start of the year, my partner and I decided to keep all our machine play video poker play at the low 25 cent level to avoid all hand pays (although he has cheated a number of times). There are 4 negatives that I associate with hand pays. 1.) extra work to offset them come tax time. 2). obligation to tip the attendants (I recently talked about this in the tipping thread), 3.) Attention drawn. Just unnecessary danger in that you sit there exposed for 10-15 minutes, while everyone in the casino, now knows you are carrying substantial cash. I've often though it goes even a step further...in that you could be the target of some casino employee, notifying an accomplish of your win and address. Call me paranoid, but why take additional risks. 4.) just a general delay and waste of time.

Playing lower limit does mean more work for my partner, who handles our machine play. But he is a machine play guy at heart. This is his thing. Usually time isn't an issue. What do I care how long it takes him. :/ When we are pressed for time and he has to play a certain amount through at the lower limits, he sometimes plays multiple hands machines.

So today, he drew an initial 5 card Royal, while playing a 50 play machine at the 25 cent level. 50 grand. (50 x $1000 royals). Sorry no picture. I wish he had taken one, because I would have liked to have seen it (I wasn't with him). So much for avoiding handpays. :( With that total on one account (in his name), I don't know that we will be able to offset that amount. We probably will end up paying some taxes on it. It's sort of a mess. A good mess, but never the less, time to re-think our strategy going forward.
Ibeatyouraces
Ibeatyouraces
Joined: Jan 12, 2010
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April 26th, 2015 at 6:00:40 PM permalink
I had $409,000 in w2-g's in 2012. That was a mess!
DUHHIIIIIIIII HEARD THAT!
kewlj
kewlj
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April 26th, 2015 at 6:05:31 PM permalink
Quote: Ibeatyouraces

I had $409,000 in w2-g's in 2012. That was a mess!




YIKES! Obviously, your machine play totals much more than ours. But even at our level, it's just easier to avoid handpays. Not trying to avoid paying taxes (if you are reading dear uncle S), just less hassle and more flexibility.
sodawater
sodawater
Joined: May 14, 2012
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April 26th, 2015 at 6:06:57 PM permalink
Initial 5-card royal on 50 play -- how many times would you check that you correctly held all 5 cards? would stress me out.
Ibeatyouraces
Ibeatyouraces
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April 26th, 2015 at 6:09:22 PM permalink
Quote: kewlj

YIKES! Obviously, your machine play totals much more than ours. But even at our level, it's just easier to avoid handpays. Not trying to avoid paying taxes (if you are reading dear uncle S), just less hassle and more flexibility.


I was getting EXTREMELY LUCKY on $1 9/6 JoB and DDB Spin Poker along with some single line $5 40/10/6 DDB.

Also, all mine was in Detroit so I needed to be extra careful of my surroundings ;-)
DUHHIIIIIIIII HEARD THAT!
Ibeatyouraces
Ibeatyouraces
Joined: Jan 12, 2010
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April 26th, 2015 at 6:10:17 PM permalink
Quote: sodawater

Initial 5-card royal on 50 play -- how many times would you check that you correctly held all 5 cards? would stress me out.


It should've auto held. Saw a five play dealt royal today.
DUHHIIIIIIIII HEARD THAT!
kewlj
kewlj
Joined: Apr 17, 2012
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April 26th, 2015 at 6:12:48 PM permalink
Quote: sodawater

Initial 5-card royal on 50 play -- how many times would you check that you correctly held all 5 cards? would stress me out.



Yeah....I think I would have called an attendant over to watch the redraw, just to be sure machine didn't malfunction.

I really never considered this scenario. I did consider the that if you held 4 to a royal you could possible draw two or three royals on the re-draw which would still generate a small handpay, but never this.
beachbumbabs
Administrator
beachbumbabs
Joined: May 21, 2013
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April 26th, 2015 at 7:01:03 PM permalink
Quote: kewlj

At the start of the year, my partner and I decided to keep all our machine play video poker play at the low 25 cent level to avoid all hand pays (although he has cheated a number of times). There are 4 negatives that I associate with hand pays. 1.) extra work to offset them come tax time. 2). obligation to tip the attendants (I recently talked about this in the tipping thread), 3.) Attention drawn. Just unnecessary danger in that you sit there exposed for 10-15 minutes, while everyone in the casino, now knows you are carrying substantial cash. I've often though it goes even a step further...in that you could be the target of some casino employee, notifying an accomplish of your win and address. Call me paranoid, but why take additional risks. 4.) just a general delay and waste of time.

Playing lower limit does mean more work for my partner, who handles our machine play. But he is a machine play guy at heart. This is his thing. Usually time isn't an issue. What do I care how long it takes him. :/ When we are pressed for time and he has to play a certain amount through at the lower limits, he sometimes plays multiple hands machines.

So today, he drew an initial 5 card Royal, while playing a 50 play machine at the 25 cent level. 50 grand. (50 x $1000 royals). Sorry no picture. I wish he had taken one, because I would have liked to have seen it (I wasn't with him). So much for avoiding handpays. :( With that total on one account (in his name), I don't know that we will be able to offset that amount. We probably will end up paying some taxes on it. It's sort of a mess. A good mess, but never the less, time to re-think our strategy going forward.



Wow. I would love to have the problem of offsetting that win. I do understand your POV on it, though. Congrats on the mixed blessing.
If the House lost every hand, they wouldn't deal the game.
rxwine
rxwine
Joined: Feb 28, 2010
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April 26th, 2015 at 7:15:26 PM permalink
Guess you're up for the year?

(he coulda held 4 and maybe avoided the w2, hah)

BTW, I read this thread hoping there really was a way to avoid hand pays (other than the way I know at lower jackpots)
Quasimodo? Does that name ring a bell?
deluxe22play
deluxe22play
Joined: Apr 26, 2015
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April 26th, 2015 at 7:26:21 PM permalink
Play blackjack at the Aria and you wont have to worry about winning.

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