ChumpChange
Posted by ChumpChange
May 24, 2020

HITLER'S VEGAS VACATION GETS RUINED! - No more buffets in Vegas

HITLER'S VEGAS VACATION GETS RUINED! - No more buffets in Vegas - Inside the Casino - YouTube https://www.youtube.com/watch?v=9t6J7GV1MIY
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Bonus slots video: $100,000 GONE! 😢My Biggest Loss in 10 Minutes 😢| (FREAKOUT)
The Big Jackpot - Jan 18, 2019
https://youtu.be/falWBYj2hpU
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Shooting Dice in Deadwood - Craps Update - Color Up - May 20, 2020
https://www.youtube.com/watch?v=3DEWXKUehM0

ChumpChange
Posted by ChumpChange
May 18, 2020

Blackjack Card Counting | The Ultimate Blackjack Strategy Guide - Open your 401-G!

Blackjack Card Counting | The Ultimate Blackjack Strategy Guide - Open your 401-G!
https://www.888casino.com/blog/blackjack-strategy-guide/blackjack-card-counting


Here are the results of just one simulation study for a six-deck game with s17 and das (from Chapter 10 Blackjack Attack: Playing the Prosí Way). The simulation was done using the Hi-Lo counting system with the Illustrious 18 (see Chapter 10.7), using a 1-12 bet spread. The first column lists the three penetrations: 4 decks, 4.5 decks, and 5 decks. The second column shows the corresponding card counterís $ win/hour (assuming 100 hands played per hour). The game with the shallow penetration yields a $12.56 /hour win. By increasing the penetration to 4.5 decks, the win/hour jumps to $20.46 (a 63% increase). With the penetration at 5 decks (i.e., deepest penetration), the win/hour escalates to $34.61 (a 176% increase). (Note: This is why casinos never deal all the cards in blackjack; if they did, card counters would have a field day.)

ChumpChange
Posted by ChumpChange
May 04, 2020

Tax question discussed in Video Poker/Gambling

Gambling and Taxes (in the U.S.)
https://easy.vegas/gambling/taxes

"You report your total wins as income in one place ("wins" being the sum of all winning sessions), and, if you itemize, all your losses in another place ("losses" being the sum of all losing sessions). Whether or not you received W-2Gs is irrelevant, since those amounts aren't used for tax purposes. For that reason, the IRS ought to stop requiring casinos to hand out those completely worthless forms."

Tax question discussed in Video Poker/Gambling at Wizard of Vegas - Page 2
https://wizardofvegas.com/forum/gambling/video-poker/32068-tax-question/2/

Where do I stop? 32%, 35% or 37%?
Here are your new income tax brackets for 2019. https://cnb.cx/2EqeW76

Tax reform law deals pro gamblers a losing hand - Journal of Accountancy
https://www.journalofaccountancy.com/issues/2018/oct/pro-gambling-net-losses.html

Professional Gambler Status https://professionalgamblerstatus.com/

Taxation of Recreational Gamblers: An Overview of How to Report Wagering Gains and Losses (EA Journal) - Morrel Law PLLC
https://www.morrellawpllc.com/tax-preparation-and-resolution/taxation-of-recreational-gamblers-an-overview-of-how-to-report-wagering-gains-and-losses-ea-journal/

Comments

gordonm888
gordonm888 May 21, 2020

Gambling wins are listed as Taxable Outcome.



The problem is that gambling losses are listed under Itemized Deductions - and since the standard deduction for married people is about $20,000 most people do not Itemize Deductions. You can easily have gambling losses of $10K or $15K and still find that claiming the Standard Deduction is better. This means that your gambling wins are being taxed and your gambling losses do not offset the wins.

ChumpChange
Posted by ChumpChange
May 04, 2020

Triple Double Bonus Poker

Triple Double Bonus Poker Ė How to Play, Odds, and Strategy Tips Online
https://www.gamblingsites.com/online-casino/video-poker/triple-double-bonus-poker/

Triple Double Bonus Poker
https://wizardofodds.com/games/video-poker/tables/triple-double-bonus/

Double Double Bonus - Wizard of Odds
https://wizardofodds.com/games/video-poker/strategy/double-double-bonus/10-6/

Game Advice, Odds, and Strategy - Wizard of Odds - Wizard of Odds
https://wizardofodds.com/games/

Video Poker Strategy Maker Sample - Wizard of Odds
https://wizardofodds.com/games/video-poker/strategy/calculator/sample/

ChumpChange
Posted by ChumpChange
Apr 30, 2020

Poker: A short-term strategy that works - By Rob Singer - 2008

Thread: Rob Singer -- Discuss discussed in Video Poker/Gambling at Wizard of Vegas
https://wizardofvegas.com/forum/gambling/video-poker/34633-rob-singer-discuss/

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Poker: A short-term strategy that works - By Rob Singer - Mar 5, 2008 https://www.gamingtoday.com/poker/article/311-A_short_term_strategy_that_works

Machines be not random, and not all of the million dollars he won came from spotting patterns. Machines be cold as ice too.
Alan Mendelson & Rob Singer - YouTube https://www.youtube.com/watch?v=9DF2GuWa72A
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Me: I always notice that machines try to figure out my play and may give me easy wins at the start to sort that out. But once they grow tired of me they go deathly cold for a long, long time. So a strategy of winning a 4 of a kind for the day at a higher denomination for a daily win goal seems appropriate to me. I could raise my denomination every 1000 hands for the day until I hit something big.

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Q: Iíve been dealt many three- and four-card royal flushes lately. What are the odds of this happening?

Playing Jacks or Better, youíll experience the thrill of being dealt a four-card royal flush once in every 2,777 hands (roughly once every four hours on average). Once in every 92 hands, on average, youíll be dealt a three-card royal flush (about 7-8 per hour). This is what makes video poker exciting; namely, that youíll have several opportunities to draw for a royal flush even if the odds are somewhat long (see next question).

Q: When you hold three cards to the royal flush, what is the chance of getting the two cards that you need on the draw for a royal flush?

You have a one in 1,081 chance of getting the two cards you need for the royal flush. The following table shows the chance of hitting the royal flush on the draw when you hold x cards to the royal flush.
https://www.casinocenter.com/video-poker-about-that-royal-flush/

Q: How come every time I need one card for a royal flush, it never shows up, but that exact card that I needed always seems to show up on the very next hand?

Thatís because you have ďselective memory.Ē The computer program in the video poker machine that randomly selects the cards for each hand doesnít use the information from previous hands to determine which cards it will deal. Every hand is a random deal regardless of what cards appeared (or didnít appear) on the previous hand.

Comments

Bengs
Bengs May 01, 2020

I like this strategy for its flexibility, I'll try it but I'm sure it's not something I'll manage at first lol