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SOOPOO
SOOPOO
Joined: Aug 8, 2010
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December 12th, 2020 at 2:23:42 PM permalink
If you choose to answer.... how many people work ‘for’ you as opposed to work ‘with’ you?

Once you identify such an opportunity it would seem that you would want as many of both as possible!

If during the running through of free play a taxable event occurred, how do you handle it?
AxelWolf
AxelWolf
Joined: Oct 10, 2012
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Thanks for this post from:
RogerKint
December 12th, 2020 at 2:47:28 PM permalink
I guess somebody wasn't getting enough attention. (-;
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
darkoz
darkoz
Joined: Dec 22, 2009
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December 12th, 2020 at 3:06:36 PM permalink
Quote: SOOPOO

If you choose to answer.... how many people work ‘for’ you as opposed to work ‘with’ you?

Once you identify such an opportunity it would seem that you would want as many of both as possible!

If during the running through of free play a taxable event occurred, how do you handle it?



Over the years the numbers have varied and people have been given different ranks. Not easily answered.

As for taxable events during the Freeplay in NYS, all jackpot vouchers come on a "Limited Voucher" good for one year.

So if someone won a Jackpot for $1500 they would just put the "Limited Voucher" in their pocket and hand it to me later. I would cash it out myself.

The Jackpot doesn't require an attendant unless over $2000. Even then, no ID is asked and no verification of players cards is even done. They just key the machine and hand you your jackpot voucher

I suppose one will ask if my people ever pocketed a Jackpot and didn't tell me. I can't say it didn't happen but to get to the level of gambling for me I trust you implicitly. Until proven otherwise I make no assumptions.

Over time an expected general return becomes obvious. Any person serially stealing would become suspicious to me from the lower than average returns
For Whom the bus tolls; The bus tolls for thee
darkoz
darkoz
Joined: Dec 22, 2009
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December 12th, 2020 at 3:10:03 PM permalink
Quote: AxelWolf

I guess somebody wasn't getting enough attention. (-;



I got tired of forty-five pages of wager baiting between you and MDawg
For Whom the bus tolls; The bus tolls for thee
Mental
Mental
Joined: Dec 10, 2018
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December 12th, 2020 at 5:19:04 PM permalink
Quote: darkoz

Correct
At Yonkers and Monticello the freeplay could be kept going all year on the same cards since printing of vouchers had no ADT penalties.
group.


I immediately thought of the casinos twenty years ago that used average trip theo (ATT) instead of ADT. You could keep a trip going for six days and collect free play each day. Your ATT was the same as another player who played a single day with the same theo that you generated over six days. Locals would show up, collect their free play, and play 20 hands of video poker and walk out. Apparently, you needed to earn a small amount of theo per day to prevent trip breaking. The trip automatically broke after a certain number of days. Quite the gravy train for locals, but I lived far away from any casino at the time.
DRich
DRich
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December 12th, 2020 at 6:48:04 PM permalink
Quote: Mental

I immediately thought of the casinos twenty years ago that used average trip theo (ATT) instead of ADT. You could keep a trip going for six days and collect free play each day. Your ATT was the same as another player who played a single day with the same theo that you generated over six days. Locals would show up, collect their free play, and play 20 hands of video poker and walk out. Apparently, you needed to earn a small amount of theo per day to prevent trip breaking. The trip automatically broke after a certain number of days. Quite the gravy train for locals, but I lived far away from any casino at the time.



The systems I worked on generally required two consecutive days without play to end a trip.
Order from chaos
AxelWolf
AxelWolf
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December 12th, 2020 at 7:32:32 PM permalink
Quote: darkoz

I got tired of forty-five pages of wager baiting between you and MDawg

Ahh yes, I hear you much prefer other types of baiting between a couple of guys. (-:
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
darkoz
darkoz
Joined: Dec 22, 2009
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December 12th, 2020 at 7:36:34 PM permalink
Quote: AxelWolf

Ahh yes, I hear you much prefer other types of baiting between a couple of guys. (-:



Was that really necessary?
For Whom the bus tolls; The bus tolls for thee
AxelWolf
AxelWolf
Joined: Oct 10, 2012
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December 12th, 2020 at 7:56:20 PM permalink
Quote: darkoz

Was that really necessary?

Oh, come on! I was just messing with you. I just couldn't resist. You walked right into that one.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
MDawg
MDawg
Joined: Sep 27, 2018
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December 12th, 2020 at 8:15:40 PM permalink
Quote: AxelWolf

Ahh yes, I hear you much prefer other types of baiting between a couple of guys. (-:


I did not know that.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.

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