#ulog (126) The Mid-tier Gambling Life -- Nov. 1, 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.

Those who have been reading along with my ulogs may notice that I changed the name/title of my gambling ulog. This change reflects the fact that the bulk of my coin-in (a.k.a. gambling action) is now happening on dollar video poker games at $5/hand, and I no longer regularly play for quarters ($1.25/hand), which was the case at the start of the year. The time I've spent over the last [almost] 5 years building up my bankroll in the casinos has now afforded me the opportunity to move up to higher stakes, and what will hopefully be more significant profits.


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 2 hours and finished at +$380.

Other video poker: none

Slot opportunities: 1 opportunity, went 1 for 1. A quick play that I finished at +$25.95.

Other gambles: none

Total: +$405.95 for the day 👍


Notes/Observations For The Day

After the wild swings that October brought, this was a comparatively calm day. And speaking of October, I have some unfinished business to post about...

Summary of October Results

My final profit for October was $13,173.28 -- easily my largest single-month profit in my gambling career. However, only $3235 (24.56%) of that amount came from core video poker -- and only after going +$6725 over my last two sessions of the month. Promotions played a huge role in October, as I had a $10,000 win in a slot tournament during the first weekend, and a $1500 free play win from a drawing later in the month. The free play ended up being converted into $1400+ of core video poker profit (and which is included in the $3235 figure for October). Everything else combined amounted to a small loss -- almost a complete wash.

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Have another puzzle coming soon. Haven't started it yet, but by the end of today. Making sure I paid you out. Lol. Good job today.

Thanks. Looking forward to tackling the next puzzle.

These are admirable and exquisite!