InTimeForSpace1
InTimeForSpace1
Joined: Apr 1, 2017
  • Threads: 0
  • Posts: 63
April 20th, 2017 at 9:09:32 AM permalink
Quote: TomG

In Las Vegas it's not that common for them to investigate these too heavily, especially at table games. There are something like 100 casinos, most of which range in value from $100 million to over $1 billion. If a player is beating them for an average of $100 every other week, they don't care enough to look into it. And even if they did, most of the time the player who has an advantage still loses more then half the time, making it hard to add up all their wins and losses.

I think, and have been told by persons in the industry, that most casinos know within a hundred dollars what every one at the tables comes (buys in) and goes with. The ones with a history have a history; the very, very few who start winning, and keep winning, just show them the door. Some places do this, too, after, say, a few weeks. It seems to me that most just let them play because even the so-called gambling experts end up losing at least their time, in that dreaded long run, where it's more about seeing what wasn't accounted for; and end up sucking in all their "friends" and others along for the "ride". While the people who write the books and run the forums, etc, try to convince themselves in front of their "friends" that someone else is getting rich by it, as well. Always "something big going on".
Last edited by: InTimeForSpace1 on Apr 20, 2017
Believers are the ones who keep at it long after they've been told it can't be done. On the other hand, the real experts shouldn't care about the crackpots. But, if the wrong answer begs the question, then the wrong question begs the answer.
LuckyPhow
LuckyPhow
Joined: May 19, 2016
  • Threads: 25
  • Posts: 239
Thanks for this post from:
BTLWI
April 20th, 2017 at 12:00:53 PM permalink
Quote: AxelWolf

It's amazing because every DI, system player, positive energy player, voodoo guy, fuzzy math guys, all the guys on the roulette and baccarat forums are making their $100 to $1k per day, and that's not including the guys claiming much higher profits.



Ain't it the truth, Axel. Everyone knows none of that "stuff" works. Some people have all the luck. My friend used to call casinos his own personal ATMs.

Quote: AxelWolf

The casinos don't seem to be interested them guys at all. Yet, they will sweat and toss out guys with a small mathematical advantage making a few bucks an hour on something as silly as playing VP on a crappy point multiplier day.



Well, of course! Casinos consider advantage plays something akin to stealing and believe it's their duty to let APs know, "We don't appreciate players like that in this casino." APs don't show up every month or so. They show up every day, especially for things like "silly" point multipliers. I don't know whether APs hurt the casinos or not, but it sometimes seems casinos believe APs squeeze the juice right out of their bottom line. Heck, I don't even know how to spell "AP," so you're probably right on that one, too.
mamat
mamat
Joined: Jul 13, 2015
  • Threads: 3
  • Posts: 276
April 20th, 2017 at 2:16:10 PM permalink
Quote: AxelWolf

every DI, system player, positive energy player, voodoo guy, fuzzy math guys, all the guys on the roulette and baccarat forums

Ha... Sounds like time for a comedy post. :-)
InTimeForSpace1
InTimeForSpace1
Joined: Apr 1, 2017
  • Threads: 0
  • Posts: 63
April 20th, 2017 at 3:12:12 PM permalink
Quote: mamat

Ha... Sounds like time for a comedy post. :-)

How about some irony?
Believers are the ones who keep at it long after they've been told it can't be done. On the other hand, the real experts shouldn't care about the crackpots. But, if the wrong answer begs the question, then the wrong question begs the answer.
TomG
TomG
Joined: Sep 26, 2010
  • Threads: 6
  • Posts: 866
April 20th, 2017 at 4:56:26 PM permalink
Quote: InTimeForSpace1

I think, and have been told by persons in the industry, that most casinos know within a hundred dollars what every one at the tables comes (buys in) and goes with.



If the margin of error is close $100, that is a pretty clear indication the casino doesn't know a players total results. And how is the casino able to keep track of someone's results who plays for between 15 and 90 minutes every couple of weeks?
mcallister3200
mcallister3200
Joined: Dec 29, 2013
  • Threads: 15
  • Posts: 1105
April 20th, 2017 at 7:40:06 PM permalink
Last weekend I had a 2400 win that the floor person had as +3800. Yeah, they can be pretty far off when multiple players are coming to the table with chips or they often miss cash some cash buy ins. They'll get the total rack count correct but often enough don't have an accurate picture of what went were. Most often they think a player won more or lost less than they did when there's an error.
InTimeForSpace1
InTimeForSpace1
Joined: Apr 1, 2017
  • Threads: 0
  • Posts: 63
April 21st, 2017 at 9:16:58 PM permalink
Aren't there always exceptions and extremes? It's interesting to note, however, that the casinos "error" on the side of reasonable caution. They are still more likely to throw out the so-called AP's much sooner rather than later. And, while the AP's errors from decision to decision within/out Kelly math, etc, only grow; the casinos' decisions in keeping simple track of them only averages out.
Believers are the ones who keep at it long after they've been told it can't be done. On the other hand, the real experts shouldn't care about the crackpots. But, if the wrong answer begs the question, then the wrong question begs the answer.

  • Jump to: