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Vegas figures
Dec. 22nd, 2005 03:01 amAnd so, here's the grim summary of the 18 days play. Looked at in this form, the casual observer might say "well, that isn't so bad". Loath though I am to eliminate the tournament numbers from my figures, it was the Blogger tourney, entered for social rather than financial reasons. So, in a sense, I got my sixty-five bucks in value in a non-monetary sense.
If you allow for the fact that this is probably 130 hours in play, that means that I have paid about $1,300 in rake and drunk about 100 cups of coffee (equals, $100 in tips) and paid $500 in dealers' tips. So, you can see what numbers have to be overcome before a healthy profit can be shown!
On the downside, it's my second-worst trip out of nine. Only twice have I failed to cover my hotel expenses (and both times I have ended up marginally in the red). So, in nine trips, I guess that I am about $4,000 or thereabouts to the good, perhaps a bit more. In reference to Maudie's post, the upside of the standard deviation has indeed been long and good.
More worryingly, I played for fve hours today in the Wynn and had what I felt was an "average" session, but I only finished $23 in the black. Now, I admit that I gave away $16 ($8 of it literally, of which, more after the figures), but it does lead me to think that my expected earn at the Wynn is, for some reason, lower than I originally thought. It's certainly much more like a local casino than the Flamingo or Bellagio.
What else can we glean from these figures? Well, that I should stick to the MGM, obviously.
It's been a long trip. The last time that I was here for anywhere near this length of time, I didn't return for 17 months. The same may happen again. I will, to be frank, be glad to be home. Of my plans for the next year, more when I return.
++++
Ahh, of the $8 that I gave away.
This was an odd one. I was in the Big Blind with something like Spade Ace, Diamond 8. I got in for free with the standard five limpers. The flop came KQ8 two spades. So I hung around with three other players. The turn brought a low spade, so, once again, I was getting odds for my call. The river brought a spade and I was getting ready to put in my $8 when I noticed the woman on my left (a local, aged about 70, and quite prepared to bet for value) preparing to throw in a bet. So I smoothly checked. The guy on the other side of the table called and I said "raise". At this point the guy at the other end of the table (tourist, losing, about my age), started shouting that I was about to bet when noticed that the woman was about to bet, and that I changed my action as a result. Well, I can hardly deny this, since it was true. I can say that I hadn't done anything illegal or, by Vegas standards, underhand, but one could understand a tourist from a home game feeling that this kind of action was a bit "off". The woman called and the guy folded. I showed my nut flush and promptly gave the guy back his eight bucks. He left, anyway, but I gained kudos from a couple of other players at the table. That said, this benevolence was hardly the act of a ruthless professional. Maybe karma will reward me.
Oh, and I played enough at the Wynn to get a comped buffet. On top of that, because it took them a while in the poker room to organize it, they gave me a line pass (or perhaps they give everyone a line pass, how would I know?). This was useful, as the line was at least half an hour long. And, as buffets go, it's very nice. Then again, for $530, I would expect it to be :-).
If you allow for the fact that this is probably 130 hours in play, that means that I have paid about $1,300 in rake and drunk about 100 cups of coffee (equals, $100 in tips) and paid $500 in dealers' tips. So, you can see what numbers have to be overcome before a healthy profit can be shown!
On the downside, it's my second-worst trip out of nine. Only twice have I failed to cover my hotel expenses (and both times I have ended up marginally in the red). So, in nine trips, I guess that I am about $4,000 or thereabouts to the good, perhaps a bit more. In reference to Maudie's post, the upside of the standard deviation has indeed been long and good.
More worryingly, I played for fve hours today in the Wynn and had what I felt was an "average" session, but I only finished $23 in the black. Now, I admit that I gave away $16 ($8 of it literally, of which, more after the figures), but it does lead me to think that my expected earn at the Wynn is, for some reason, lower than I originally thought. It's certainly much more like a local casino than the Flamingo or Bellagio.
What else can we glean from these figures? Well, that I should stick to the MGM, obviously.
It's been a long trip. The last time that I was here for anywhere near this length of time, I didn't return for 17 months. The same may happen again. I will, to be frank, be glad to be home. Of my plans for the next year, more when I return.
| SITE | $2-$4 | $3-$6 | $4-$8 | $5-$10 | $8-$16 | Tourney | Grand Total |
| Aladdin | $120 | $26 | $146 | ||||
| Bellagio | $211 | $129 | $82 | ||||
| Flamingo | $65 | $65 | |||||
| Imperial Palace | $65 | $65 | |||||
| MGM | $437 | $437 | |||||
| Wynn | $530 | $530 | |||||
| Total | $65 | $120 | $304 | $26 | $129 | $65 | $29 |
++++
Ahh, of the $8 that I gave away.
This was an odd one. I was in the Big Blind with something like Spade Ace, Diamond 8. I got in for free with the standard five limpers. The flop came KQ8 two spades. So I hung around with three other players. The turn brought a low spade, so, once again, I was getting odds for my call. The river brought a spade and I was getting ready to put in my $8 when I noticed the woman on my left (a local, aged about 70, and quite prepared to bet for value) preparing to throw in a bet. So I smoothly checked. The guy on the other side of the table called and I said "raise". At this point the guy at the other end of the table (tourist, losing, about my age), started shouting that I was about to bet when noticed that the woman was about to bet, and that I changed my action as a result. Well, I can hardly deny this, since it was true. I can say that I hadn't done anything illegal or, by Vegas standards, underhand, but one could understand a tourist from a home game feeling that this kind of action was a bit "off". The woman called and the guy folded. I showed my nut flush and promptly gave the guy back his eight bucks. He left, anyway, but I gained kudos from a couple of other players at the table. That said, this benevolence was hardly the act of a ruthless professional. Maybe karma will reward me.
Oh, and I played enough at the Wynn to get a comped buffet. On top of that, because it took them a while in the poker room to organize it, they gave me a line pass (or perhaps they give everyone a line pass, how would I know?). This was useful, as the line was at least half an hour long. And, as buffets go, it's very nice. Then again, for $530, I would expect it to be :-).
