The Adventures of MDawg II
Knows when to bet big. would be participation in free entry tournaments and drawings. I have won two Baccarat tournaments over the past year.There is a drawing coming up with a couple hundred K CASH first prize where the odds of winning the first prize are something like 1/150 if not better - a very ultra elite player gathering. Besides being in an off-the-chart special player tier group, you do have to put in some play during a short time period to get entry tickets.
Personally I consider RFB comps to be a given, but additionally casino dollars and points used to get tangible goods, gift cards, and such are a definite
as well. Spa? if she's going to go to the spa or salon anyway, and the casino is paying for these, that's decidedly +EV too. 
Quote: coachbellyQuote: tuttigymWhen a question is asked of a party that is not you, IMO it is beyond rude to jump in and speak for that party.
That's not protocol on this forum.
You owe Alan an apology for subjecting him to criticism based on your uniformed opinion.
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Protocol? What exactly is forum "protocol"? In the words of the famous J. McEnroe (not sure about the spelling) "You can't be serious!" If apologies were compulsory for "uninformed" opinions, there would be no room on threads for any conversation.
tuttigym
Quote: AlanMendelsonLet me suggest that next time you send him a PM.
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Him? Who, Mr. MDawg? Why?
tuttigym
Quote: MDawgPromo chips.
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I stated that in my post (table play, house chips). So, have you EVER (emphasis) bet "big" and lost that bet? Have you won EVERY (emphasis) "big bet" wagered?
tuttigym
Unless the casino waived the play (cost) for the entries and provided you with an actual edge to win the drawing, I personally don't see AP status. BTW how much "play" is required for one entry ticket, and how many entries did you purchase?
tuttigym
This direct placement of top players into final rounds of tournaments is the casino's way of hedging for their top players. By top, it usually is not related to win or loss, but based on theoretical loss, i.e. - level of play.
Just to clarify I am talking about casino top level tournaments and drawings - no one pays for entry into these top level things at any casino at which I play.
Quote: tuttigymMr.MDawg: For three plus years I received comp air, ground transportation, golf, RFB plus table and slot play. Does that make me an AP? I don't think so. There was nothing in those generous offers, except perhaps the free play, that gave me an "advantage" over the house in the casino.
Unless the casino waived the play (cost) for the entries and provided you with an actual edge to win the drawing, I personally don't see AP status. BTW how much "play" is required for one entry ticket, and how many entries did you purchase?
tuttigym
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To a certain degree you are taking advantage of the casino and yes, to a certain degree you are an advantage player.
Probably the biggest test of advantage play is your bottom line.
Do you think you're coming out ahead?
I use what advantages I can but unfortunately I'm not showing a bottom line profit-- but I'm darn near close.
Some might say I did show a profit when my free hotel, shows, meal comps and gifts are added in -- but I don't include them in my tally.
We are all APs to a certain degree. Some are strict APs and will not go near a casino unless they expect an advantage every time. I'm a semi AP taking advantage of what I can.
I could say seeing Celine Dion's show 13 times was a priceless experience. I could value a weekend at Caesars for 14 of my relatives (siblings plus kids) for Thanksgiving all RFB as priceless too. My casino gifts over the years including autographed sports memorabilia from events could be valued at ten grand. Heck Caesars paid for one of my weddings at a craps table with a Rabbi and videographers and the wedding dinner for all.
Value what you want to value. Create your own ledger.
Stop trying to tear down others. Enjoy your own life.
You're welcome.
If you take 50 copies and are allowed to use them, you have an advantage for the fifty plays.
If you make a decision to only play blackjack when you have a matchplay, you are an advantage player.
tuttigym
Quote: MDawgWhat I wrote was clear.
No it wasn't. You posted: ...."you do have to put in some play during a short period of time to get entry tickets." That "play" is not free. Your required "play" is payment into the tourney otherwise, the post infers that you would not be entered for the drawing. That is what was clear from your post.
BTW Do you intentionally avoid questions that are relevant to your claims? The claim as an AP that you KNOW when to bet big. The question: Do you ALWAYS win those big bets? Have you EVER lost a big bet?
tuttigym
Quote: AlanMendelson
Probably the biggest test of advantage play is your bottom line.
Do you think you're coming out ahead?
My thread AP/At What Cost? into which you have participated is highly relevant to your statement. Basically it creates, what I believe, is an important conversation revolving around the cost of play vs what many perceive as AP specifically offers from casinos. If the "cost" exceeds the player profit as you put is, that portion of AP is non-existent, i.e, bait.
Quote: AlanMendelsonI use what advantages I can but unfortunately I'm not showing a bottom line profit-- but I'm darn near close.
tuttigym
I wouldn't even bother with casino play if I didn't win, what would be the point or fun in losing? I might not win every session but I've ended ahead consistently each trip for some time now.Anyway, let others do others. Let MDawg do MDawg.
As opposed to Waiting for the Man....
Quote: tuttigymQuote: AlanMendelson
Probably the biggest test of advantage play is your bottom line.
Do you think you're coming out ahead?
My thread AP/At What Cost? into which you have participated is highly relevant to your statement. Basically it creates, what I believe, is an important conversation revolving around the cost of play vs what many perceive as AP specifically offers from casinos. If the "cost" exceeds the player profit as you put is, that portion of AP is non-existent, i.e, bait.Quote: AlanMendelsonI use what advantages I can but unfortunately I'm not showing a bottom line profit-- but I'm darn near close.
tuttigym
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Okay then. Your definition of bottom line profit may be different than others.
Let me put it another way: some people need a profit when they gamble and some people dont.
Those who need a profit perhaps have made casino gambling a job.
Those who dont need a profit see it as recreation or perhaps a challenge or a game.
I once read that many true gamblers are entrepreneurs outside of casinos -- and they embrace challenges. What they can get from the casinos is one of those challenges.
Do what makes you feel best. That's what life is all about.
Quote: AlanMendelsonOkay then. Your definition of bottom line profit may be different than others.
Let me put it another way: some people need a profit when they gamble and some people dont.
Those who need a profit perhaps have made casino gambling a job.
Those who dont need a profit see it as recreation or perhaps a challenge or a game.
I once read that many true gamblers are entrepreneurs outside of casinos -- and they embrace challenges. What they can get from the casinos is one of those challenges.
Do what makes you feel best. That's what life is all about.
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Our conversation needs to distinguish "profit," your term, and winning. I believe we can agree that gambling, while entertaining and recreational, for most, is focused on winning by the participant. It matters not if one is a pro or a "ploppie" or a sometime player or a frequent patron, the object is to meet the "challenge" and win.
Therefore, as I previously stated, "cost" becomes the equalizer and the determiner of winning or losing. I do not believe that I have ever seen an AP boaster relate the actual cost of their play only that they are AP. That perceived status is less than half of the story.
tuttigym
Quote: tuttigym
Our conversation needs to distinguish "profit," your term, and winning. I believe we can agree that gambling, while entertaining and recreational, for most, is focused on winning by the participant. It matters not if one is a pro or a "ploppie" or a sometime player or a frequent patron, the object is to meet the "challenge" and win.
Therefore, as I previously stated, "cost" becomes the equalizer and the determiner of winning or losing. I do not believe that I have ever seen an AP boaster relate the actual cost of their play only that they are AP. That perceived status is less than half of the story.
tuttigym
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Okay, I will be the one that bites. What is the cost for an AP who plays machines with a 1% advantage? Are you speaking of financial costs or something else? I used to play a lot with only a 1% advantage and of course I had good days and bad days. I had a personal stop/loss of $10k a day which if I was down $10k I would quit for the day and start again tomorrow. I Really don't understand the costs since over time I won more than I lost. Probably played at least 1500 hours a year on that play for many years.
Quote: DRichQuote: tuttigym
Our conversation needs to distinguish "profit," your term, and winning. I believe we can agree that gambling, while entertaining and recreational, for most, is focused on winning by the participant. It matters not if one is a pro or a "ploppie" or a sometime player or a frequent patron, the object is to meet the "challenge" and win.
Therefore, as I previously stated, "cost" becomes the equalizer and the determiner of winning or losing. I do not believe that I have ever seen an AP boaster relate the actual cost of their play only that they are AP. That perceived status is less than half of the story.
tuttigym
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Okay, I will be the one that bites. What is the cost for an AP who plays machines with a 1% advantage? Are you speaking of financial costs or something else? I used to play a lot with only a 1% advantage and of course I had good days and bad days. I had a personal stop/loss of $10k a day which if I was down $10k I would quit for the day and start again tomorrow. I Really don't understand the costs since over time I won more than I lost. Probably played at least 1500 hours a year on that play for many years.
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Tuttigym, what DRich wrote is probably a good representation of what happens to an AP. They have bad days but when they stick to their guns they can turn a profit.
In gambling the profit is usually a percentage of your bankroll.
You're not going to become a millionaire playing full pay deuces wild on a 25-cent machine.
Please observe that Dieter has kindly split the thread to here https://wizardofvegas.com/forum/info/rules/37027-ap-at-what-cost/#post843825
Splitting a thread is a one time task and subsequent posts cannot be moved between threads. I see Alan popped a reply here, just a few minutes after the split. He can't be blamed for that, but please take future replies to the off topic of 'Costs to an AP' over to that new thread.
Edit. I was mistaken. Dieter had not split the thread. It was a thread started by another member.
But the advice remains to post relevant posts to that thread if they are more appropriate there than here.
In other words, don't make a federal case about the inevitable fact that the internet twists and turns where it will.
Thanks. Wouldn't dream of it. We're just trying to keep the place tidy.Quote: MDawgNo. I think better to just say that parallel discussions are allowed to coexist.
[edit for brevity]...
In other words, don't make a federal case about the inevitable fact that the internet twists and turns where it will.
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my mistake mdawg. First one today lolQuote: avianrandyIsn't this pretty much the only thread dawg an post unless he has permission from wizard though?
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Sorry for misunderstanding. I'll be in the crow's nest until the brawl resumes.
tuttigym
then highlight it,
copy (or cut it) and paste it into the Reply box in the other thread. On most browsers the copy/cut/paste commands are under Edit. Cancel out of the original box where you quoted the post so that it does not create an identical post.
BUT I'd be worried that the Federal WOV Police might frown on such an action 😅 as that might be going too far with transferring an existing topic to another thread. I don't see why someone shouldn't be allowed to say whatever is on his mind in his own thread, but anyway....
tuttigym
Quote: MDawg
BUT I'd be worried that the Federal WOV Police might frown on such an action 😅 as that might be going too far with transferring an existing topic to another thread. I don't see why someone shouldn't be allowed to say whatever is on his mind in his own thread, but anyway....
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Thanks for tutoring Tuttigym.
Copying and pasting between threads is perfectly acceptable, so long as it's not to be deliberately confusing or disruptive. I do it all the time.
'His own thread'? That old chestnut again. Members don't own threads here.... Thread Starter <> Thread owner
But I know what you mean. If you want to own a thread, host a forum.
Can a member hijack a thread that he started? Interesting and unanswered question. I believe he should try not too, but it's not a federal offence.
If the thread has a wide title 'The random musings of xxxxx' then random musings of 'xxxxx' are inherrently on topic. That doesn't mean we want to steer all other fringe topics into it. To do so would render sub-forums and thread titles meaningless.
Evolution of a conversation is not a federal* offence.
*We don't impose federal law, we just TRY to help members to maintain some order. We do that for YOUR benefit.
When I returned over three years ago the regular play I did state candidly that I didn't know if I would resume my prior success, and actually back then before my decade or so hiatus, I ended up lifetime ahead but definitely had some ups and downs with some losing trips. But now, after multiple and consistent winning trips I am able to say that I did resume my prior success at the casinos, and then some.
Sons of Babbages founder strike a $150K deal on Shark Tank
about the sons of one of the GameStop founders and their "Reviver" clothing swipes start up. Their father had already put $2M into the business. I didn't think much of the business concept itself, wipes to mask odors on clothing (I am against any kind of chemical deodorants, and while I might wipe a tee shirt with one of those wipes, I wouldn't run it over an Italian designer shirt for fear of the chemicals' messing with the dyes), but in any case during the show one of the Sharks declared that she didn't invest in "rich kids businesses" and that to be successful one had to be hungry.
Of course, a couple of the Sharks stepped in to say that this was nonsense, that their kids weren't going to be less successful than starting off poor kids, but it does pose an interesting question. Is it important to be hungry in life, and does having everything handed to you lead to less motivation to excel?
I'd say that the jury is out on whether that sort of sweeping generalization - that it is a handicap to be born into money - has any merit. Of course there are Andrew Lusters and Brandon "Greasy Bear" Davises and
Why do the children of the rich so often turn into drug addicts?
John Paul Getty IIIs but there are also plenty of examples of people born into wealth who "do good."
Interestingly though if you follow the endeavors of those two "Reviver" rich kids, since the 2014 show where a shark invested $150K into them, they are all over the place, with various ventures and never did stick with trying to make any one particular venture happen on a large scale (seems like the Reviver venture is now dormant).
Reviver Shark Tank Business update
Then again, most successes try different ventures before achieving the final home run, so you can't necessarily hold it against the kids if they gave up on the deodorant wipes scheme.
Looks like at least on this airline the max checked baggage weight is now 40 lbs. I already did pay extra for a checked bag, now they're going to try to ding me for a pound or two overweight?
Luckily the wife isn't coming on this trip - this one will be a fast turnaround, a solo Adventure - no way she'd be able to bring under 40 lbs of stuff, let alone just one suitcase! I mean, these Tumi rolling suitcases some of them weigh about 17 lbs empty now you gotta keep the total under 40?
Quote: MDawg...but in any case during the show one of the Sharks declared that she didn't invest in "rich kids businesses" and that to be successful one had to be hungry.
She's full of it. If you're already rich or at least well off you are much more likely to be more successful in the long run because you have a huge safety net to fall back on, which allows you to take more risks and more chances. It doesn't matter how "hungry" you are if you run out of assets or financing.
Quote: TigerWuQuote: MDawg...but in any case during the show one of the Sharks declared that she didn't invest in "rich kids businesses" and that to be successful one had to be hungry.
She's full of it. If you're already rich or at least well off you are much more likely to be more successful in the long run because you have a huge safety net to fall back on, which allows you to take more risks and more chances. It doesn't matter how "hungry" you are if you run out of assets or financing.
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Over the years I've had a lot of experience with rich kids who get some of daddy's money to open a bar or a nightclub. Very few of them have shown me the motivation it takes to succeed in the business. One father told me he was letting his son do it so he learned that failure wasn't the end of the world. Most of the places failed because businesses, like fish, rot from the head down.
The one kid that I thought was an exception and who I really thought had what it took to make it ended up running a bank robbery crew on the side and is now in federal prison for life.
Shark Tank has become the #1 marketing tool of business startups. The publicity is priceless.
If you get on the show you'll have investors lined up around the block to throw money at you even if the Sharks say no.
Often a Shark will comment "you came here for a free commercial."
It really is the best free commercial on the planet.
I've bought several products featured on the show. People can laff but those sponges with the happy face are incredible. I bought 48 in 2016 and have at least a dozen left.
Quote: billryanI was fascinated by it the first few seasons but rarely watch it any longer. I thought about contacting some of their rejects but never did.
I've bought several products featured on the show. People can laff but those sponges with the happy face are incredible. I bought 48 in 2016 and have at least a dozen left.
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My wife loves those sponges too. I think that is the most successful product from that show. BTW, the Ring doorbell is pretty successful and the sharks turned that one down.
Quote: TigerWuYears ago there was a "restaurant" version of Shark Tank where people would come on and pitch their restaurant ideas to a bunch of "celebrity" chefs and they get a chance to invest in it. One guy comes on and pitches his idea for a grilled cheese sandwich restaurant, with all kinds of different breads and cheeses so you can customize a grill cheese sandwich. I thought it was a pretty good idea because who doesn't love grilled cheese? Then this moron Bobby Flay has the audacity to say, "Why would anyone go to a grilled cheese restaurant? You can make a grilled cheese at home." And I just thought, almost everything you get at literally every restaurant in the entire world you can make at home -- what the hell is this idiot talking about?
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Some guys on Long Island opened up a grilled cheese-only food truck and did really well with it. Surprisingly, they found a niche where people hired them to be outside after their weddings. They had a very nice lunch crowd, but not so much at dinner. They found a few nightclubs that let them sit outside and those did well. They got quite a few writeups in the NY media.
Quote: TigerWuYears ago there was a "restaurant" version of Shark Tank where people would come on and pitch their restaurant ideas to a bunch of "celebrity" chefs and they get a chance to invest in it. One guy comes on and pitches his idea for a grilled cheese sandwich restaurant, with all kinds of different breads and cheeses so you can customize a grill cheese sandwich. I thought it was a pretty good idea because who doesn't love grilled cheese? Then this moron Bobby Flay has the audacity to say, "Why would anyone go to a grilled cheese restaurant? You can make a grilled cheese at home." And I just thought, almost everything you get at literally every restaurant in the entire world you can make at home -- what the hell is this idiot talking about?
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Barbara Corcoran invested in a grilled cheese restaurant and now it's a chain.
But also - just for walking in the door - 5K in promo chips!
The Almighty MDawg, with over $200,000 of chips in his pocket on any given day, would fly a discount airline?!?!?!Quote: MDawgHas anyone flown on one of the discount airlines lately? I haven't had to fly commercial in a bit, but what a process! By the time you are done with unchecking all the paid extras they try to throw at you along the way and trying to check out, half the time the fare has changed or is no longer available! And then finally when you book it, they keep emailing you right up until departure time trying to get you to pay extra for this or that insurance, or other "premium" add on they try to convince you is necessary. No, I don't want to pay ANY extra this is an exercise in bare bones rock bottom fares!
Looks like at least on this airline the max checked baggage weight is now 40 lbs. I already did pay extra for a checked bag, now they're going to try to ding me for a pound or two overweight?
Luckily the wife isn't coming on this trip - this one will be a fast turnaround, a solo Adventure - no way she'd be able to bring under 40 lbs of stuff, let alone just one suitcase! I mean, these Tumi rolling suitcases some of them weigh about 17 lbs empty now you gotta keep the total under 40?
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I haven't flown one in years and never will again. Last time I did (Spirit as I recall) it wasn't much cheaper after adding fees for a carry on, to select seat etc. Horrible customer service, it's just not worth it
Now I always fly business unless it's a very short hop.
Quote: MDawgIn Vegas again for a drawing with a couple hundred K first prize.
I'm really out of touch with The Strip. Granted, I havent played on The Strip in four years but a first prize of $200,000 ??
I was at Caesars years ago when there were drawings for 3 Jaguars... but they were priced around $50k each back then.
Mdawg are entries based on play? The more you play the more entries?
