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Questions about video poker paybacks8 September 2008
Dear Robert, I used to be a regular at the Desert Inn, right next to the Venetian. I knew many of the people who worked there. There was even one 9/6 Jacks or Better machine that I and many of the employees referred to as my machine, because I had hit my first royal flush on it. The DI's slot director once told me that I may be disappointed with the casino in the future. He said they were considering replacing the bank of 9/6 Jacks or Better machines with 8/5 Jacks and other pay tables with lower long-term paybacks. He was right. I was disappointed, but not because they removed the high-paying video poker machines. I ended up being disappointed because Steve Wynn closed down the whole place. You and other correspondents have said that your "payoffs" are down. I'm not sure what you mean by payoffs. Do you mean that you are hitting less frequently? Or do you mean that you're winning less and losing more overall? There are many variables that influence how much you win or loss. If you're playing a negative expectation game (which you are at the video poker machines in the Venetian) and you give a lot more action in 2007-2008 than you did in 2005-2006, then we would expect your losses to be greater. One variable is the amount of action exposed to the house edge. The house edge is another variable. High-paying video poker comes and goes on the strip (I used to have no problems playing dollar 9/6 Jacks at the DI, Treasure Island and Caesars Palace), but the strip casinos market their properties based on the quality of their rooms, restaurants and shopping, not on how good a gamble they give on their games. Strip casinos can install pay tables with lower long-term paybacks without alienating the vast majority of their client base. One think I noticed missing in your letter is an exact specification of the pay table you play. You have to be aware that just because two machines both say Double/Double Bonus, it doesn't mean that they have the same pay table. In my DI story, the machines would still have had "Jacks or Better" glass on them, but the pay tables would have been different. I think your host is right. On the whole, the long-term paybacks on video poker on the strip has gone down in the past few years. The only way casinos can manipulate the returns on video poker machines is by changing the pay table. Best of luck in and out of the casinos,
Dear Mbg, It used to be much easier to describe how slot and video poker machines work. The states in the Midwest and Mississippi based their rules on New Jersey's rules, which were based on Nevada's rules, so all the machines worked the same way. Then Native American casinos started growing beyond bingo parlors and, unless their tribes negotiated compacts with their states, they had machines that worked more like bingo drawings and instant lottery tickets than Vegas-style slots. That was OK for a while because there were two separate sets of manufacturers of each style of game. But then the companies that manufacturer Vegas-style machines (Class III) realized how much money they weren't getting by not having machines that followed the rules for Native American casinos without compacts (Class II machines) and reworked their machines for that market. As a result, there are now two versions of poplar games like Double Diamonds, one that determines results on its own (Class III) and one that acts like a bingo drawing (Class II). You didn't specify the casino, so I don't know which type of games it has. If it has Class II games, then the technician was correct. It doesn't matter what the pay table is because the machine's programming is not equivalent to dealing from a deck cards, as it is on Class III video poker machines. Tipoffs that you have a Class II game are the presence of a bingo card on the screen and some sort of a bonus mechanism that awards you more than you one on the poker hand. So, your first step is to find out if the casino has Class II or Class III games. If Class III, then the most likely explanation is that the technician was mistaken. In any case, we can dig deeper it the casino has Class III games. Best of luck in and out of the casinos, Send your slot and video poker questions to John Robison, Slot Expert, at slotexpert@comcast.net. Because of the volume of mail I receive, I regret that I can't reply to every question. This article is provided by the Frank Scoblete Network. Melissa A. Kaplan is the network's managing editor. If you would like to use this article on your website, please contact Casino City Press, the exclusive web syndication outlet for the Frank Scoblete Network. To contact Frank, please e-mail him at fscobe@optonline.net. Recent Articles
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