5DIMES $1 JACKS or BETTER progressive at $7380

Reload · 08-03-09, 03:31 PM

The video poker pro's will be on this 24-7. And no tax takeout to worry about like in a land casino.

bettilimbroke999 · 08-03-09, 03:42 PM

That is a good point, even if you have a 10% edge if you are gettin taxed 20% arent you still losing long-term when you play slots at US casinos

durito · 08-03-09, 03:49 PM

Originally posted by bettilimbroke999

That is a good point, even if you have a 10% edge if you are gettin taxed 20% arent you still losing long-term when you play slots at US casinos

no

Fishhead · 08-03-09, 03:51 PM

Originally posted by bettilimbroke999

that is a good point, even if you have a 10% edge if you are gettin taxed 20% arent you still losing long-term when you play slots at us casinos

no your not!!!

Omg!

Fishhead · 08-03-09, 03:54 PM

Originally posted by Reload

The video poker pro's will be on this 24-7. And no tax takeout to worry about like in a land casino.

........HARDLY........

1. It's only a small edge
2. The game at 5Dimes are not regulated
3. There are no takeouts in Vegas

FWIW, the meter is not moving, indicating nobody is playing the game at this moment.

jjgold · 08-03-09, 04:09 PM

I would never play video poker online, it is not random and or regulated.

Fishhead · 08-03-09, 04:12 PM

Originally posted by Reload

The video poker pro's will be on this 24-7. And no tax takeout to worry about like in a land casino.

Originally posted by jjgold

I would never play video poker online, it is not random and or regulated.

It COULD be, but the fact is it cannot be proven.

A Vegas casino on the otherhand is highly regulated.

Fishhead · 08-04-09, 11:11 AM

Now at $7,439

I will monitor this until it is hit.................HOPING AN SBR POSTER NAILS IT!!!

bettilimbroke999 · 08-04-09, 01:10 PM

Originally posted by Fishhead

no your not!!!

Omg!

Do you mean bc most of the winnings is non-jackpots so you dont get taxed at land based casinos?

Fishhead · 08-04-09, 01:22 PM

Originally posted by bettilimbroke999

Do you mean bc most of the winnings is non-jackpots so you dont get taxed at land based casinos?

NO

If your playing a machine that is 100%+, in the longterm you are going to come out ahead on the machine.

Say you NET $23,000 on a +EV machine...........this is what you owe taxes on..........so taxes will take a percentage of this figure out based on your income bracket.

If you hit a video poker jackpot in Las Vegas, you do not have anything 'TAKEN OUT', you are just required to sign for it...........even if you did have money taken out, you can get this back or have it applied to any of your income tax you owe(on anything) by having your taxes done properly.

Most pros keep accurrate diarys.

A few years I have reported well over one million in gambling related "wins".........and have my losses deducted on Schedule A(hopefully which are not more than my wins).

FH

reno cool · 08-04-09, 01:27 PM

can't be a 9/6 if it's .3 with that royal. What is it 9/5? .3edge is not enough for serious players to get excited about with that kind of risk. (especially on line)

bettilimbroke999 · 08-04-09, 01:37 PM

Oh yea I see what you're sayin, bc its on net wins

One good thing about slots is I've played em a couple times and I'm literally sayin a COUPLE times in my life that's it and the casinos just filled my box up with promos for a year after that, monthly letters for free rooms, free cash (small amounts 10/20 bucks but still), drawings, free shows and that's with having played very little. If you can win at slots the comps are prolly pretty nice as well.

Fishhead · 08-04-09, 01:43 PM

Originally posted by reno cool

can't be a 9/6 if it's .3 with that royal. What is it 9/5? .3edge is not enough for serious players to get excited about with that kind of risk. (especially on line)

Yes, it is 9/5.........and I've stated what the payback is in this thread, 100.3%.

As stated, this is nothing to get excited about..........ESPECIALLY IN UNREGULATED TERRITORY AND WITH NO SLOT CARD BENEFITS.

I usually make a point to have a progressive enable the machine to have a MINIMAM 101% payback on a $1 machine before I actively pursue the progressive.........unless the slot card is extra good, at which point I may jump on it a TAD earlier.

Fishhead · 08-04-09, 01:45 PM

Originally posted by bettilimbroke999

Oh yea I see what you're sayin, bc its on net wins

One good thing about slots is I've played em a couple times and I'm literally sayin a COUPLE times in my life that's it and the casinos just filled my box up with promos for a year after that, monthly letters for free rooms, free cash (small amounts 10/20 bucks but still), drawings, free shows and that's with having played very little. If you can win at slots the comps are prolly pretty nice as well.

It's what we call in the business........"ALL GRAVY".

Fishhead · 08-06-09, 07:20 AM

Was hit yesterday...............

Reload · 08-06-09, 08:26 AM

Originally posted by Fishhead

Was hit yesterday...............

How much does that being hit affect the +EV, Fish?

Fishhead · 08-06-09, 08:30 AM

[quote=Reload;2081598]How much does that being hit affect the +EV, Fish?

[/quote,

When the progressive was hit, the payback was around 100.5%............with the ROYAL resetting to $4,000, the payback playing PERFECT strategy is 98.45%.

-FH-

Matt Rain · 08-06-09, 08:37 AM

I would trust 5dimes' implementation of that software to be fair, and I have certainly played a lot of it there with completely normal results. Of course, the variance is so huge on these things that it doesn't mean much until you've played several million hands, so who really knows.

Not sure I'd trust many of the other joints who use that same generic software though - it seems to be highly "customizable".

Fishhead · 08-06-09, 08:52 AM

Originally posted by Matt Rain

I would trust 5dimes' implementation of that software to be fair, and I have certainly played a lot of it there with completely normal results. Of course, the variance is so huge on these things that it doesn't mean much until you've played several million hands, so who really knows.

Not sure I'd trust many of the other joints who use that same generic software though - it seems to be highly "customizable".

DITTO on all that you stated...........

reno cool · 08-06-09, 04:03 PM

how does the speed of play on-line compare with a land casino in vp?

robmpink · 08-06-09, 07:27 PM

Originally posted by Fishhead

NO

If your playing a machine that is 100%+, in the longterm you are going to come out ahead on the machine.

Say you NET $23,000 on a +EV machine...........this is what you owe taxes on..........so taxes will take a percentage of this figure out based on your income bracket.

If you hit a video poker jackpot in Las Vegas, you do not have anything 'TAKEN OUT', you are just required to sign for it...........even if you did have money taken out, you can get this back or have it applied to any of your income tax you owe(on anything) by having your taxes done properly.

Most pros keep accurrate diarys.

A few years I have reported well over one million in gambling related "wins".........and have my losses deducted on Schedule A(hopefully which are not more than my wins).

FH

You really skim around the truth. You make it seem like it is even steven (wins/losses), but it isn't. This is in regards to paying taxes.

Just like your slot tournament thread (most are free). Free? Sure buddy. I guess your hours of rated play are what you consider free. Thats not free. having people come off the streets like smelly mel the bum is free. This doesn't happen.