Thread Rating:

TigerWu
TigerWu
Joined: May 23, 2016
  • Threads: 18
  • Posts: 3308
Thanks for this post from:
MDawg
May 13th, 2019 at 8:21:52 AM permalink
I'm the first type. I play for fun, with a set gambling budget that I am prepared to lose.
SiegfriedRoy
SiegfriedRoy
Joined: Sep 23, 2014
  • Threads: 16
  • Posts: 382
May 13th, 2019 at 11:18:48 AM permalink
Steve Cyr didn't say there are only two types of gamblers. He said he has clients who are made up of high-rollers who tend to fall under the two categories.

I believe there are many many types of gamblers out there and cannot be put into just two categories.
MDawg
MDawg
Joined: Sep 27, 2018
  • Threads: 8
  • Posts: 310
May 13th, 2019 at 4:09:40 PM permalink
Steve Cyr wasn't talking about just his clients, he was talking about "players" in general. This is clear from both the black and white of exactly what he said, and the context of when he said it. As well, the second quote is from a writer - Dave Berns - he has no clients, he's not a casino host, and when he said that casinos hate hit and run high rollers, he meant exactly that.

It's one thing to say that Cyr or Berns was wrong, another to come in and claim falsely that they said or meant something they did not.

I mentioned "patterns" - today I was day trading (sometimes I position trade over a medium term, today I day traded over a short term), I made nine trades, three AMZN, one NFLX and five Dow futures, all profitable, all long. And yet the market dipped over -600 points, at some points well over -700. How? How did I make money going long on a dropping market? By discerning the patterns, following the flow of the given stock or index, same way I try to do with cards.

Anyway, action is what matters, so unless I see something worth commenting on, I'll step aside until after the next Vegas trip and post yet another winning (I hope) result after that time. It'll be a while, pretty busy these days.

I wish people would just come in like TigerWu and answer the thread posed question rather than arguing. If you are going to argue, at least answer as well.
Last edited by: MDawg on May 13, 2019
SiegfriedRoy
SiegfriedRoy
Joined: Sep 23, 2014
  • Threads: 16
  • Posts: 382
May 13th, 2019 at 5:19:18 PM permalink
https://www.youtube.com/watch?v=4aecpXi4-G4&t=29s

This is a podcast of Gambling With an Edge with Steve Cyr. This was posted June 2018


Quote: MDawg

Steve Cyr wasn't talking about just his clients, he was talking about "players" in general. This is clear from both the black and white of exactly what he said, and the context of when he said it. As well, the second quote is from a writer - Dave Berns - he has no clients, he's not a casino host, and when he said that casinos hate hit and run high rollers, he meant exactly that.



- @1:24: He states that he is now a employee at the new Palms and that he is a host and a licensed junket rep. How is he not a casino rep? He even has a book out called "Whale hunting in the desert" as an Independent "Super" Host.
- Are you delusional? Of course casinos hate players who hit and run. They prefer players who hit and lose their money first 20 mins of their stay. Please provide something more meaningful because not everybody in this forum are idiots.
- @14:29: Steve talks about how he is the "king of the dips#!/s" and he researches new CLIENTS to see if he can beat the player out of money at the casino. He also mentions about having different types of players as his high-roller clients as CASINO HOST.
- https://www.thrillist.com/entertainment/nation/confessions-of-the-man-who-wins-big-when-you-lose-it-all-in-vegas

Even on this thrillist article he doesn't even stay two types. He states one third of his gamblers. Like I said, there are no two types of gamblers.
"One-third of my gamblers are like Larry. They’re so rich they can lose a million dollars and not impact their lives. The second third are young, and as their age and wealth increase, their gambling increases right in step; my biggest guy at this moment, he started out as a $50,000 player and now $50,000 is his first bet. The final third should not be here. They’re the most fun but they should not be playing with me. They’re gambling above their means. They will be f!#/ing broke at 50. For the first time, after 28 years in the business, I have more $100,000 players under the age of 40 than over the age of 40. I worry about them. They make money in some tech thing and think they can beat the game. Don’t forget, if you lose $100,000, you’re losing $100,000 that you paid taxes on. So you really lost $150,000 of what you earned. If you have $10 million, and you do that on a regular basis, you will go broke. Twenty-five years ago, my biggest players were all in their 50s or 60s or 70s. They might have been burning through their 401(k)s, but they had already lived life."

Quote: MDawg

It's one thing to say that Cyr or Berns were wrong, another to come in and falsely claim that they said or meant something they didnot.



-Steve Cyr is a casino host. In fact, he called himself the Casino Super Host. He has his own perspective on gamblers as a casino host. He is not an authoritative on all things about gambling.
-I don't know who Berns is, but I stated that your premise is wrong based on your wrong assumptions about what Steve said. I still maintain that there are more than two types of gamblers.

Quote: MDawg

I mentioned "patterns" - today I was day trading (sometimes I position trade over a medium term, today I day traded over a short term), I made nine trades, three AMZN, one NFLX and five Dow futures, all profitable, all long. And yet the market dipped over -600 points, at some points well over -700. How? How did I make money going long on a dropping market? By discerning the patterns, following the flow of the given stock or index, same way I try to do with cards.



-Wow! Congratulations. You make it seem like you're a second coming of Warren Buffet. In fact, Warren Buffett said "Be fearful when others are greedy and greedy when others are fearful." You're not the only genius making $ on the stock market. Some of us here are worth millions in liquidity and use our heads to make money in the stock market. There are members in this forums from different disciplines, Lawyers, doctors, business owners, daytraders, AP, PHD engineers and mathematicians who are smart and successful. It's not so difficult to make money on a known dip coming since the whole weekend due to the tariff fiasco and buy and sell, buy and sell a few times during the fluctuation of the market. A monkey can do that. I did that. I don't come here telling people how special I am for buying the dip and selling on canabis and oil stocks.

Quote: MDawg

Anyway, action is what matters, so unless I see something worth commenting on, I'll step aside until after the next Vegas trip and post the winning (I hope) results after that time. It'll be a while, pretty busy these days.



Thank you. I'll be looking forward to another self-boosting rant about how you're the second coming of Warren Buffett who is so good at gambling and know when to quit.

Quote: MDawg

I wish people would just come in like TigerWu and answer the thread posed question rather than arguing. If you are going to argue, at least answer as well.



I'm sorry King MDawg, my lowly self challenged your highness.

(mod note : edited to mask profanity. Even if you're quoting someone in your post, please don't use f-bombs and s-bombs. Thank you.)
Last edited by: unnamed administrator on May 13, 2019
MDawg
MDawg
Joined: Sep 27, 2018
  • Threads: 8
  • Posts: 310
May 13th, 2019 at 10:57:07 PM permalink
Siegfried (or are you Roy? and your "SO" as you call him, is Siegfried) - in any case,

this isn't about anybody being better than anyone else, which is what you twisted the issue into. I could have dug into your past posts and pointed out that you're a sometimes red chip player and then claimed that because you're a low end player you don't know what you're talking about. But that has nothing to do with anything. Low end player high end player we are all gamblers, one and the same in the end, taking a risk that is never guaranteed. I've been present when Bill Gates used to play BJ, watched him play, and he's a former red chip player who now doesn't play at all. I've watched Howie Mandel play, and if he tosses a green chip on there it must be a full moon, because he too, is a red chip player. So no, my point in mentioning the stock market was not to make myself seem like a big trader, whether I am or not is immaterial, my point was that it's possible to discern trends in seemingly unpredictable patterns. I haven't made money trading just today, I've booked many thousands of trades in the past two years alone, and only one loser. But again, I'm not offering that for any other reason than that to note that it's possible to follow seemingly unpredictable patterns. In the market, or in playing card games.

Yes, Steve Cyr is a host. No he was not talking about his clients in his quote. No the sources you produced not the podcast not the book were the correct source for when Cyr said what he said that I quoted, which was indeed about Vegas players in general, not just about his clients.

So, in a very long post you've apparently gotten yourself into a huff to talk about a lot of things that have nothing to do with anything I posted.

Take it easy. :-)

Oh, and, which type of player are you?
SiegfriedRoy
SiegfriedRoy
Joined: Sep 23, 2014
  • Threads: 16
  • Posts: 382
May 14th, 2019 at 6:20:56 AM permalink
Quote: MDawg

Siegfried (or are you Roy? and your "SO" as you call him, is Siegfried) - in any case,

this isn't about anybody being better than anyone else, which is what you twisted the issue into. I could have dug into your past posts and pointed out that you're a sometimes red chip player and then claimed that because you're a low end player you don't know what you're talking about. But that has nothing to do with anything. Low end player high end player we are all gamblers, one and the same in the end, taking a risk that is never guaranteed. I've been present when Bill Gates used to play BJ, watched him play, and he's a former red chip player who now doesn't play at all. I've watched Howie Mandel play, and if he tosses a green chip on there it must be a full moon, because he too, is a red chip player. So no, my point in mentioning the stock market was not to make myself seem like a big trader, whether I am or not is immaterial, my point was that it's possible to discern trends in seemingly unpredictable patterns. I haven't made money trading just today, I've booked many thousands of trades in the past two years alone, and only one loser. But again, I'm not offering that for any other reason than that to note that it's possible to follow seemingly unpredictable patterns. In the market, or in playing card games.

Yes, Steve Cyr is a host. No he was not talking about his clients in his quote. No the sources you produced not the podcast not the book were the correct source for when Cyr said what he said that I quoted, which was indeed about Vegas players in general, not just about his clients.

So, in a very long post you've apparently gotten yourself into a huff to talk about a lot of things that have nothing to do with anything I posted.

Take it easy. :-)

Oh, and, which type of player are you?



Even after I produced sources and quotes, you're still going to be stubborn and stick to your idiotic statement. Yes Steve talks about his clients on sources I've produced.
Anyways, here's additional logic that you're mistaken about what Steve Cyr is saying. He has several types of client gamblers who he has described in the past couple of decades:

People who Steve keeps as clients I've heard in the last two decades of interviews, TV shows, radio, podcast, etc.
1. People who are worth millions and can lose $100K and as long as they had fund it's entertainment
2. People like Larry Flynt, who is dangerous because he'll win six figures or millions on Friday and just go home the next day
3. People who are compulsive gamblers who have businesses and jobs but shouldn't be at the casino. They are late on markers, and gamble business money and mortgages.
4. The up and coming young players. He keeps them around for their player development. The young players have a bright future ahead of them and some of them will become very wealthy in the future.

People who Steve doesn't represent
1. Known card counters
2. APs
3. Winning players
4. Cheats
5. Low rollers

Here,I just gave you more than two types of gamblers already. Even if you take account of your "clarified" response of how many gamblers low and high take risk, there are still more than two. While I do agree the two examples you've originally given are very prominent categories, there are too many types/variable to put everybody into those two categories.

Do you see what's wrong with your original post? You quote a guy thinking he is the authority on the types of gamblers when he was really talking about his clients. I think you're too proud to admit you have mistaken his message. It's very evident from your very last post that you can't even say maybe I do have some merit on my argument. You should have never narrowed down to two types of gamblers and asked what type are you. It's like asking are you a Republican or Democrat? And I am telling you those are not the only two parties, yet you just don't want to listen.

Also, reread the rebuttal you posted before I wrote you a long rebuttal. You do sound like a jackass who think he's the only person who knows things on this form, daring how I can falsely claim things blah blah blah.

What kind of gambler am I? I guess I can't specifically answer your question because you think there are only two types, and I don't fit either of them (I'm not kidding).
beachbumbabs
Administrator
beachbumbabs
Joined: May 21, 2013
  • Threads: 97
  • Posts: 13448
May 14th, 2019 at 6:26:55 AM permalink
Quote: SiegfriedRoy

Even after I produced sources and quotes, you're still going to be stubborn and stick to your idiotic statement. Yes Steve talks about his clients on sources I've produced.
Anyways, here's additional logic that you're mistaken about what Steve Cyr is saying. He has several types of client gamblers who he has described in the past couple of decades:

People who Steve keeps as clients I've heard in the last two decades of interviews, TV shows, radio, podcast, etc.
1. People who are worth millions and can lose $100K and as long as they had fund it's entertainment
2. People like Larry Flynt, who is dangerous because he'll win six figures or millions on Friday and just go home the next day
3. People who are compulsive gamblers who have businesses and jobs but shouldn't be at the casino. They are late on markers, and gamble business money and mortgages.
4. The up and coming young players. He keeps them around for their player development. The young players have a bright future ahead of them and some of them will become very wealthy in the future.

People who Steve doesn't represent
1. Known card counters
2. APs
3. Winning players
4. Cheats
5. Low rollers

Here,I just gave you more than two types of gamblers already. Even if you take account of your "clarified" response of how many gamblers low and high take risk, there are still more than two. While I do agree the two examples you've originally given are very prominent categories, there are too many types/variable to put everybody into those two categories.

Do you see what's wrong with your original post? You quote a guy thinking he is the authority on the types of gamblers when he was really talking about his clients. I think you're too proud to admit you have mistaken his message. It's very evident from your very last post that you can't even say maybe I do have some merit on my argument. You should have never narrowed down to two types of gamblers and asked what type are you. It's like asking are you a Republican or Democrat? And I am telling you those are not the only two parties, yet you just don't want to listen.

Also, reread the rebuttal you posted before I wrote you a long rebuttal. You do sound like a jackass who think he's the only person who knows things on this form, daring how I can falsely claim things blah blah blah.

What kind of gambler am I? I guess I can't specifically answer your question because you think there are only two types, and I don't fit either of them (I'm not kidding).



For future reference.

First bolding, while rude, addresses the content.

Second bolding attacks the person.

3 days suspension. Personal insult.
If the House lost every hand, they wouldn't deal the game.
billryan
billryan
Joined: Nov 2, 2009
  • Threads: 149
  • Posts: 7391
Thanks for this post from:
Forager
May 14th, 2019 at 6:57:24 AM permalink
Some people just can't deal with bullshit. That's a shame.
Obviously there are more than two types of gamblers. A couple have yet to be mentioned. My least favorite type is one who endlessly brays about impossible winning streaks and overcoming the house edge with an impossible to duplicate system. Then there is the type who knows the math, but ignores it because math is long term, while results are short term.
My favorite type is the rare individual who recognizes my superior skills and accepts their role in the never ending battle to make the world safe for musical comedy.
Blessed be the peacemakers. They shall inherit the kingdom.
WatchMeWin
WatchMeWin
Joined: May 20, 2011
  • Threads: 95
  • Posts: 1496
Thanks for this post from:
MDawg
May 14th, 2019 at 7:31:14 AM permalink
Quote: billryan

Some people just can't deal with bullshit. That's a shame.
Obviously there are more than two types of gamblers. A couple have yet to be mentioned. My least favorite type is one who endlessly brays about impossible winning streaks and overcoming the house edge with an impossible to duplicate system. Then there is the type who knows the math, but ignores it because math is long term, while results are short term.
My favorite type is the rare individual who recognizes my superior skills and accepts their role in the never ending battle to make the world safe for musical comedy.
Blessed be the peacemakers. They shall inherit the kingdom.



A wise man once said ' winners hit n run, losers stick around '.

Put it this way, if you are staying in the casino for the action and entertainment, then play all you want but don't expect to come out a winner. If you have the discipline to leave when you are ahead, more power to you.
'Winners hit n run... Losers stick around'
billryan
billryan
Joined: Nov 2, 2009
  • Threads: 149
  • Posts: 7391
May 14th, 2019 at 7:42:50 AM permalink
An even wiser man once said- when you come to a fork in the road, take it.
Everyone knows discipline and proper hydration are useful tools for the wanna be casinoslayer.
We all know there is a secret sauce to success that very few have the recipe for.
When someone comes along who not only can defy math but who can befriend the very person who banned him, we should treat that person with all the respect his achievements deserve. Hypothetically, anyways.

  • Jump to: