Quote: VegasriderSo a local casino here in Reno had a grand prize of accepting $7,500 cash or getting to play every machine in the casino with max spin or deal: collecting whatever it paid. What would you do if you were the winner? I’m not sure how many machines the casino had but I heard around 500.
Depends on the quality of their HL room and total number of machines.
Your average bet would have to be over $15 per machine. $15 per machine would break you even, but now you have to fade the vig on each machine. You would have take a look and see how many multi denomination, multi line, and high limit machines they have, especially ones with $5 denominations or more. With only 500 machines I have to assume it's a small place that probably doesn't have much as far as higher limits.Quote: VegasriderSo a local casino here in Reno had a grand prize of accepting $7,500 cash or getting to play every machine in the casino with max spin or deal: collecting whatever it paid. What would you do if you were the winner? I’m not sure how many machines the casino had but I heard around 500.
Here is where I think you might get them. If they have Bubble craps, Big tits BJ, and E-roulette etc, That alone could easily put you way above that $7500. I think it would take less than 15 min to figure out what to do.
Does their website show what games they have available and pictures of the casino floor?
If you had to choose blind without any knowledge where, I think that would be a tough decision.
full room of $1 100 play (-;Quote: happaheroIn Reno many places have $1 Denom slots/VP in their high limit rooms. If half the machines are like this it might not be a good deal.
Aside from the E-tables, I don't know that I would focus on just the high limit room. Bar-tops and multi games can oftentimes have some big bets. That might get offset by the nickle and penny slots.
Quote: heatmapYou should have made a poll i would take 7500 as I always believe free play has different odds
That's a very strange thing to think
DarkOZ??
Quote: sabreThat's a very strange thing to think
Yes I believe they know when you are using free play and adjust winnings accordingly but another thought is why would I put the money o already am promised against the house edge once again to win back my winnings
(-;
I would assume they could just key the machine for a free spin.Quote: VegasriderNot much of a HL area but they do have one, I think $10 VP, or $50 a hand. I guess there would be an attendant or some representative from the casino with you inserting the cash in each machine you go to. I'll find out exactly how many machines they have, might be closer to a 1000
I'm still wondering how they track each win? Perhaps you use your players card and at the end they give you the total amount the system thinks you have won, or they just keep a tally. I would be concerned about a tally and the players club being accurate. I would keep my own separate tally and if they give me more I keep my mouth shut and if its less I tell them to recalculate it. Obviously I'm not going to say anything if its only off by a few bucks.
If it was 1000 machines sight unseen and I was forced to choose( not considering time as a factor), I would go with the free spins. I would really be looking close at the E-tables. I assume it's one bet bet per station.
This sounds like it would be a real pain in the butt for both them and you. There seems to be lots of issues.
I'd figure one play and if you cash you hit the cash out button unless it's a signer so you'll end up with a lot of slips to cash
Quote: heatmapYes I believe they know when you are using free play and adjust winnings accordingly but another thought is why would I put the money o already am promised against the house edge once again to win back my winnings
This ranks right up there with going to 2 hands of blackjack to change up that cold shoe
Quote: AxelWolfIf they have Bubble craps, Big tits BJ, and E-roulette etc,
I don't get to Vegas very often, but are you telling me they have a game called Big tits BJ?
lol no... that's what we call them too though... they often have "video blackjack bank" with woman dealers whom, of course, always have their tits basically out. So we call them "Tits Blackjack."Quote: gordonm888Quote: AxelWolfIf they have Bubble craps, Big tits BJ, and E-roulette etc,
I don't get to Vegas very often, but are you telling me they have a game called Big tits BJ?
It also sounds like a free car promo where they expect all winners to take the cash option.Quote: AxelWolfThis sounds like it would be a real pain in the butt for both them and you. There seems to be lots of issues.
I’d read the fine print and ask a lot of questions before deciding. They may decide that the PITA factor is too high and offer more than $7500...
It would also be spins off fp, so most likely a lot less taxable involved, maybe none if those new IRS rules are being interpreted correctly.
7500 would be fully taxed as a lump.
Or maybe they have a way to program your card for 1 spin on each individual machine and it's up to you to get to each machine.
Either way, I am more inclined to take the free play because your tax burden is gonna suck on 7500
They could 1099 you for the amount you won after you got done. A small casino in LV was 1099ing people for accumulated drawings wins as low as $100.Quote: GWAEMy best guess is the know how many machines they have and what the max spin is. Then they give you that much in free play. They advertise it is 1 spin on each but just give you enough to be able to do it. If there are 1000 machines it would take an entire day and there is no way they are paying someone for an entire day to follow you around.
Or maybe they have a way to program your card for 1 spin on each individual machine and it's up to you to get to each machine.
Either way, I am more inclined to take the free play because your tax burden is gonna suck on 7500
Quote: AxelWolfThey could 1099 you for the amount you won after you got done. A small casino in LV was 1099ing people for accumulated drawings wins as low as $100.
True. I got 1099 for a poker hot seat of $200. Worse part of it was they didnt give it to me that day and mailed it at the end of the year. Had idea it was coming
Quote: DRichI would ask if I could have the $7500 in free play because that should be non-taxable and it would be up to you to declare your winnings on the free play.
Taxes aside.
Do you take the $7500 or a max bet spin on each machine, what has more value? Obviously we can answer that question without knowing what machines they have, but lets assume you know they have 1000 machines.
I find the discussion of what you should be looking for and how to evaluate the situation when given limited time, interesting.
I hear you have been feverishly rallying for them to come out with a Chippendales version.Quote: Romeslol no... that's what we call them too though... they often have "video blackjack bank" with woman dealers whom, of course, always have their tits basically out. So we call them "Tits Blackjack."Quote: gordonm888Quote: AxelWolfIf they have Bubble craps, Big tits BJ, and E-roulette etc,
I don't get to Vegas very often, but are you telling me they have a game called Big tits BJ?
Big D**ks BJ.