#ulog (63) The Low-end Gambling Life -- Aug. 16, 2018

in #ulog6 years ago

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This Steemit ulog is a series of posts based on my day-to-day gambling activities. Basically, I summarize my results and possibly add notes or observations based on what happened on a given day at casinos. You the reader, should feel free to ask any questions or provide any feedback in the comments.

Next-day delays in posting are common due to having no stable schedules in my line of work.


Category Definitions

I split my results into categories based on the type of game and opportunity to make a profit. These categories are:

  • Core video poker: These are video poker games/machines that either has a player edge built-in, or which flips the edge from the house's favor into the player's favor when a promotion is applied. If the game has a progressive on the royal flush and/or other hands, the edge is based on the jackpot(s) being at its reset value. In the absence of any other extraordinary opportunities to capitalize on, I expect to spend most of my gambling time on core video poker games.

  • Other video poker: All other video poker games that are not part of my normal repertoire (e.g. progressive video poker games with excessively high jackpots).

  • Slot opportunities: Slot machines where I know of or perceive an edge in the player's favor. This edge will always be a temporary one except under the most extraordinary of circumstances. Depending on the opportunity, a slot session could be over in just seconds or take several hours to complete.

  • Other gambles: Everything else. It could be results from trying out a new slot machine, or playing other games such as video keno.


Summary Of The Day's Results

Core video poker: Played one single-line machine at $5/hand for about 1 hours, 25 minutes and finished at -$530.

Other video poker: none

Slot opportunities: none

Other gambles: none

Total: -$530 for the day


Notes/Observations For The Day

Off of over $12,000 coin-in, finishing down $530 isn't terribly bad when the game has a return of about 94% when a player can't hit any big hands. I can't complain too much about the new casino that I added into my rotation last month. My current situation has me in a position where my best option at that casino is theoretically not much better than breakeven, and I'm still up over $2400 since I started playing there. Hopefully I can be firmly established as one of that casino's regulars before the end of the month and gain access to their regular promotions that are critical to making the place worth playing at over a longer term of time.

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@doughtaker Thank you for not using bidbots on this post and also using the #nobidbot tag!

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