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Last edited by Frank Kneeland; at AM. Originally Posted by Frank Kneeland. Frank, this is not about incentives. This is about giving people honest information.
A viewer asked a legitimate question, and I think he's entitled to it. I was hoping that some professionals might share their knowledge without their own bias getting in the way.
Frank if you don't understand this point about sharing information freely then there is something wrong. We don't live in a totalitarian state.
People are entitled to a free flow of information to make up their own minds. If you start to censor information about gamblers and gambling then the next will be to censor information about social ideas and political ideas and economic ideas If you don't want to comment about your trade secrets, simply say that.
But to say, and I'm quoting you , "If you can't understand that spreading around pro results and yearly earnings would encourage people to gamble and that I'm not OK with that then there is something seriously wrong with you" is not only offensive but makes me cringe that it violates everything that is basic to our American way of life.
You, Frank Kneeland, should not be the one to decide what is harmful and what is not. The laws of this country do not recognize you for having any authority.
Keep your trade secrets to yourself, but have more respect for the intelligence of others. You anger me. Edited to add: I never asked for any individuals personal information.
You can contact my union and find out what the pay standards are for reporters and anchors and infomercial hosts and actors and voice over artists.
You can see the salary schedules in hospitals. The government statistics on pay levels mention no one by name. Please don't create issues.
You were asked for information that did not require any names. If you asked me for a salary range for the top anchors in Los Angeles TV, I could tell you, but I don't have to reveal any names.
And you do have a bias: you are against gambling and have expressed that many times. And you are free to express that and many will support you.
Last edited by Alan Mendelson; at AM. Now you throw in heroin? You are a well read man. You have authored a book.
You have hosted a radio show. You post on multiple Internet forums using your own name. Do you work on the weekends?
How do you find out about these special promotions? So there are other people who do this besides yourself? Are there professional video poker players in other states?
What is a typical day like for you? Where do you go to play? Chung: Yes, Those are the only machines you play? On quarters or dollars?
Chung: On quarters. So you would prefer to play quarter machines? Chung: Yes, I would. Chung: Yes, I pretty much know ahead of time before I go.
And how do you find that out? How often do you leave Las Vegas to travel around the country? Chung: Well, yes.
There are certain types of games now. How much time did you spend outside of Las Vegas last year?
Chung: Last year was virtually 11 months out of It was that bad? What do you play when you go to these other places? Are those machines still around?
Could you double after a split? S o you did well on those machines? Chung: Last year there were winning days and 58 losing days. So you keep a log every day?
Chung: No, I just play for as many hours as I want to play. But the main takeaway here is to be aware of how little the average video poker player earns.
I suggest that you stick with playing video poker for fun and the challenge. But if your goal is to become a successful advantage player who makes a good living through gambling, then dedicate your time to more lucrative pursuits like card counting, poker, and sports betting.
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Fast Play Rate One of the biggest things that people underestimate with regard to professional video poker players is how quickly they play.
Large Bankroll and Good Bankroll Management Video poker machines feature pay tables with a wide range of payouts. Minimize Errors Nobody who plays video poker for any considerable amount of time plays mistake-free.
Support at Home. Do you have a spouse or significant other? Do you have a family with children? Tolerance for the Tedious Many gamblers fantasize about making a good living through video poker or another game.
Important: Buying software is just a small part of the battle. This creates tremendous volatility in regard to your short-term winnings.
Note: Taking advantage of the best video poker machines is only part of it. Important: Most land-based casinos comp video poker players at a rate worth 0.
Pros in these games can make hundreds of thousands or even millions of dollars in a year. Recommended Reading: I suggest that you stick with playing video poker for fun and the challenge.
By combining that small house edge with the possibility of gaining rewards from casinos from frequent play, the player could have a reasonable expectation of a positive outcome.
If they could parlay that advantage over a long period of time, a video poker player could conceivably make enough money from it to carve out enough to live.
They can also expect ancillary money from endorsements to help pay the bills. By contrast, video poker on the professional level is far less glamorous.
It also requires a greater time commitment and serious discipline. You have to not only learn how to play, but you must also research the machines and promotions that will help you earn money.
Even then, you are not guaranteed positive results, as video poker is prone to swings of momentum. Still, video poker offers you the advantage of knowing exactly how much you can expect from each machine that you play, at least on an average.
That is because the probabilities of making winning hands never change. The pay tables which are included with every machine allow you to know how much each winning hand pays.
So, in that way, there is less guesswork in professional video poker than in the table game versions. The variables that you have to deal with are restricted to the different policies of casinos and the bonuses you might be able to extract from them to help your bottom line.
First, you have to learn how to play video poker at a level that allows you to get the maximum out of every variation that you play. And that means understanding the pay tables and payback percentages.
Video poker is an easy game to learn at the most basic level so that you can play it recreationally. You get a five-card deal, have one chance to improve it on the draw, and hope you can make the best possible winning hand.
But the pay tables are what set the game apart and what professional players know how to exploit.
The pay tables show you how much you can expect to receive from each winning hand. They also combine with the probabilities to yield something known as the payback percentage.
The payback percentage is basically the figure that separates one variation of video poker from another. Here is what we mean by pay tables and payback percentages.
By full-pay, we mean the game with the highest payback percentage attached to it. That pay table might not mean that much to an amateur player, but a professional player will be able to tell by the amounts that are included for each winning hand that the machine in question contains a payback percentage of But you have to consider that there are other ways to make money from bonuses and casino perks that can easily make up that difference and allow you to, in a way, turn a profit.
If you can find those machines, which, as we will explain to you, is not easy, you can legitimately hope to make a profit based on the game alone.
When you add in any extras that you might get, you can start to imagine how you can get ahead as a professional. The only way that you can hope to make a living playing professional video poker is if you can play the game without making any mistakes.
Say that you received the following five cards on the deal:. In that hand, you have the seeds of many possible winning hands.
There is a pair, four cards to a flush, and three cards to a royal flush. How do you decide which cards to hold? You would then have to measure those possibilities against the possible payouts for each of those winning hands.
That is a lot of math to do on the spot. The right play is to keep the jack, queen, and king of hearts.
What makes it the right play? But they have gained the knowledge about how to make these decisions from experts and computer programs that have already done the mathematical work for them.
And they can make these decisions in a split second, which is also crucial in amassing your profits. This is an expense that most regular players consider a necessary evil.
We work so hard to pull out a gambling win that we wish the casinos paid their employees well enough so that tipping wasn't expected.
Are those employees ready to chip in some cash for us when we're in those inevitable losing streaks?
This figure doesn't include tips for non-video poker service, such as drinks at the machines and meals.
SLOT CLUB CASHBACK. This is good old Mr. Win or lose, this figure is always positive -- and slowly but surely it mounts up to unbelievably large amounts, especially since we're fervent fans of bonus-point promotions.
Double points make us very happy; triple points or higher gets us giddy with ecstasy. BOUNCE-BACK CASH. These benefits, which come in the mail, are becoming as important to us as regular slot club cashback, as you can see by the similar figures.
This money may come in addition to cashback from some casinos, or instead of cashback in others. But the large amount we reaped shows that the sometimes-extreme efforts to learn the system and work to qualify are worth the time we spend.