The Adventures of MDawg II
Quote: AlanMendelsonQuote: darkozQuote: AlanMendelsonI'm learning new things all the time... like teams beating the casinos for $25-million. Who knew?
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Phil Ivey took the Borgata for ten million in a few days and that was just a two man team.
But I believe he was referring to an aggregate amount of many casinos over many years.
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That made the news.
This team did it without making the news. Who new?
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The lawsuit made news. I don’t recall any news stories about Phil Ivy winning millions in the casino at baccarat before the lawsuit. Alan, would you mind posting a citation to what you are referring?
Quote: AlanMendelsonQuote: darkozQuote: AlanMendelsonI'm learning new things all the time... like teams beating the casinos for $25-million. Who knew?
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Phil Ivey took the Borgata for ten million in a few days and that was just a two man team.
But I believe he was referring to an aggregate amount of many casinos over many years.
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That made the news.
This team did it without making the news. Who new?
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Alan, I used the Phil Ivey situation to show millions can be won using AP tactics. He did it in a few sessions, three I think.
The person above who claims they made twenty five million from the casinoS (as in plural) was mentioning it as a career.
If he made one million a year for twenty five years and he did that by making one hundred thousand at ten different casinos spread out over fifty two weeks so taking on average just a few thousand a week from each casino why would that make the news? It probably would go unnoticed by even the casinos.
Phil Ivey took ten million in three days. That got noticed.
Are we talking about 2022 dollars or the actual dollars of ten years ago or 15 years ago or 25 years ago?
Do you know what the average casino took in ten years ago?
How about the average daily take for a Vegas casino in 2018?
In 2018, the average casino earned $662K attributed to gaming wins
There are three types of inflation: Demand-Pull inflation, Cost-Push inflation, and Built-In inflation.
Now let's add AP Inflation to the list.
It's easy to throw around big numbers on a casino forum.
"If making money from the casino was easy, I'd have found a way to do it. Since I can't, no one else should be able to, either."
It might help if APs didn't treat this like a watering hole and sit around sharing their fishing stories.
Here you'll find a review of almost every hotel in Vegas, lots of shows, and other miscellaneous attractions. However, our most popular feature is the forum where you're welcome to learn from each other about Vegas, gambling in general, and whatever else is on your mind.
Quote: billryanI think that after a lifetime of contributing heavily to casino coffers, longtime gamblers just can't conceive that others regularly beat the casino. Heck, if I can't make a profit after spending all that time, it should be obvious that no one can. I think it is an ego thing.
"If making money from the casino was easy, I'd have found a way to do it. Since I can't, no one else should be able to, either."
It might help if APs didn't treat this like a watering hole and sit around sharing their fishing stories.
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It's curious how MDawg's wins are freely questioned here but the wins of so called APs must be accepted without question.
Why is that?
As I've said before MDawg's wins are easier to accept as true because he only needs to win one or two big bets and then end his session to be able to say "I'm up $10,000 on the day."
Quote: AlanMendelsonQuote: billryanI think that after a lifetime of contributing heavily to casino coffers, longtime gamblers just can't conceive that others regularly beat the casino. Heck, if I can't make a profit after spending all that time, it should be obvious that no one can. I think it is an ego thing.
"If making money from the casino was easy, I'd have found a way to do it. Since I can't, no one else should be able to, either."
It might help if APs didn't treat this like a watering hole and sit around sharing their fishing stories.
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It's curious how MDawg's wins are freely questioned here but the wins of so called APs must be accepted without question.
Why is that?
As I've said before MDawg's wins are easier to accept as true because he only needs to win one or two big bets and then end his session to be able to say "I'm up $10,000 on the day."
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It's like when people question if certain viruses and bacteria exist but accept without question UFO's and ghosts.
"It's like when people question if certain viruses and bacteria exist but accept without question UFO's and ghosts."
But dont most people question UFOs and ghosts, but accept without question certain viruses and bacteria?
I question UFOs and ghosts.
Quote: AlanMendelsonQuote: billryanI think that after a lifetime of contributing heavily to casino coffers, longtime gamblers just can't conceive that others regularly beat the casino. Heck, if I can't make a profit after spending all that time, it should be obvious that no one can. I think it is an ego thing.
"If making money from the casino was easy, I'd have found a way to do it. Since I can't, no one else should be able to, either."
It might help if APs didn't treat this like a watering hole and sit around sharing their fishing stories.
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It's curious how MDawg's wins are freely questioned here but the wins of so called APs must be accepted without question.
Why is that?
As I've said before MDawg's wins are easier to accept as true because he only needs to win one or two big bets and then end his session to be able to say "I'm up $10,000 on the day."
Believe me, if any AP claimed to have won every hand of BJ over whatever ridiculous streak mdawg claimed, he'd be just as roasted.
I don't know of any AP who has posted large wins on here in a very long time and certainly no AP makes such ludicrous claims.
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Quote: billryanQuote: AlanMendelsonQuote: billryanI think that after a lifetime of contributing heavily to casino coffers, longtime gamblers just can't conceive that others regularly beat the casino. Heck, if I can't make a profit after spending all that time, it should be obvious that no one can. I think it is an ego thing.
"If making money from the casino was easy, I'd have found a way to do it. Since I can't, no one else should be able to, either."
It might help if APs didn't treat this like a watering hole and sit around sharing their fishing stories.
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It's curious how MDawg's wins are freely questioned here but the wins of so called APs must be accepted without question.
Why is that?
As I've said before MDawg's wins are easier to accept as true because he only needs to win one or two big bets and then end his session to be able to say "I'm up $10,000 on the day."
Believe me, if any AP claimed to have won every hand of BJ over whatever ridiculous streak mdawg claimed, he'd be just as roasted.
I don't know of any AP who has posted large wins on here in a very long time and certainly no AP makes such ludicrous claims.
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Why are you misquoting me here? Creating a post and a quote that I did not write?
Quote: AlanMendelsonQuote: billryanQuote: AlanMendelsonQuote: billryanI think that after a lifetime of contributing heavily to casino coffers, longtime gamblers just can't conceive that others regularly beat the casino. Heck, if I can't make a profit after spending all that time, it should be obvious that no one can. I think it is an ego thing.
"If making money from the casino was easy, I'd have found a way to do it. Since I can't, no one else should be able to, either."
It might help if APs didn't treat this like a watering hole and sit around sharing their fishing stories.
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It's curious how MDawg's wins are freely questioned here but the wins of so called APs must be accepted without question.
Why is that?
As I've said before MDawg's wins are easier to accept as true because he only needs to win one or two big bets and then end his session to be able to say "I'm up $10,000 on the day."
Believe me, if any AP claimed to have won every hand of BJ over whatever ridiculous streak mdawg claimed, he'd be just as roasted.
I don't know of any AP who has posted large wins on here in a very long time and certainly no AP makes such ludicrous claims.
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Why are you misquoting me here? Creating a post and a quote that I did not write?
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I didn't intentionally misquote you, as anyone reading it would know. Not sure how it formatted like that.
Anyway, after just a quick search, I found this link here
***: I just skimmed the article so far.
Also, below are some other links from the same search result as the one above (I haven't read most of them thoroughly, yet).
mainly_about_comps (I haven't looked at it closely)
wiz_article (I haven't read it)
has_some_good_stuff_about_about_free_play (things like this have been written about before, and I haven't read it carefully)
one_article_about_ap_in_online_casinos (I disagree with a lot of the statements about "online ap" in this one, but thought it was worth including, just for a "different opinion").
----
Spelling etc not checked, as I was in a hurry.
Try to use the "whole quote" when quoting this post, I know I can't make anyone to do this, especially since I "snip" all the time (usually to save space, and / or for relevance).
Quote: ksdjdjTry to use the "whole quote" when quoting this post (I know I can't make anyone to do this, especially since I "snip" all the time, usually to save space, and / or for relevance, etc).
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I corrected a minor formatting error. Noting here rather than inline to preserve your quotability for the whole post.
I've been wanting to take up meditation.
I figure it's better than sitting around doing nothing.
Quote: billryanI didn't intentionally misquote you, as anyone reading it would know. Not sure how it formatted like that.
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Protip:
link to original post[/link][/q]
Your text goes here, after the quote end tag
Quote: AlanMendelsonIt's curious how MDawg's wins are freely questioned here but the wins of so called APs must be accepted without question.
Why is that?
As I've said before MDawg's wins are easier to accept as true because he only needs to win one or two big bets and then end his session to be able to say "I'm up $10,000 on the day."
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A lot of AP wins make sense as regressing to the mean. Understanding the play helps one understand what should be happening, as well as reconciling reports with expectations.
You need not unquestioningly accept so called AP wins as such. There are often clues to what is going on in the reports, if the reader can discern and correlate them.
Quote: AlanMendelsonA million a year? Over 25 years? $100,000 per casino?
Are we talking about 2022 dollars or the actual dollars of ten years ago or 15 years ago or 25 years ago?
Do you know what the average casino took in ten years ago?
How about the average daily take for a Vegas casino in 2018?
In 2018, the average casino earned $662K attributed to gaming wins
There are three types of inflation: Demand-Pull inflation, Cost-Push inflation, and Built-In inflation.
Now let's add AP Inflation to the list.
It's easy to throw around big numbers on a casino forum.
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I started in the summer of 2002 I’m 48 years old. This is not my thread but I will answer some questions you have. Feel free to DM me.
25 million is indeed my lifetime earn. I lost track to be completely honest at some point you stop worrying about the money.
Alan I think you do more good for the AP community then you realize. We need guys like you to discredit all aspects of advantage play. The less people who believe they can win in casinos the better. Unfortunately that does not seem like the case in today’s climate.
The 1.3 million dollar play is not normal. It was a perfect storm of new casino / new games / and integration problems. I suspect the understaffed techs just made mistakes they normally wouldn’t make when setting up certain systems. It’s not uncommon to find edges big enough to exploit for huge numbers at new properties. One must travel and know what to look for however to take advantage of the opportunity if it presents itself. With that said the play my team set out to run was worth roughly 1/3 the final take. We happed to stumble into something that made it that much more lucrative. I have regrets about it, because it was my decision to burn the play out of spite. Normally I wouldn’t do such things but todays climate is not the same as 5 years ago. For those who came after us I’m sorry People in the know will understand.
I don’t suspect this to make news as it’s would be rather embarrassing to the casino itself. I know they have 86ed many recently almost a year after the fact so they have since figured out the vulnerability. None of my crew got walking papers. Only those who came after us that kind of understood what was going on but made many mistakes I’m sure resulting in the discovery by the casino.
Alan it’s hard for most people to understand the advantage player lifestyle, because it technically shouldn’t exist. We don’t benefit society in anyway. I often say the cook at your local restaurant provides more value to society then all the advantage players Combined.
This ironically is also the #1 reason I have found most APs quit and move on. They don’t find fulfillment in the day to day grind. I know many who have made over a million or even less, and decided to move on to something else. Very few of us are what I call lifetime players. Even my top guy / best friend left for awhile to start a business he has since returned but this lifestyle is not for everyone. However to say it’s all made up and not true is just absurd.
Let me be sure we are using the same definition for "earn."
Does earn mean net profit or is it a gross amount?
Did you and the team walk away with a net profit of $25 million?
And most importantly, how many players were in the team?
Thanks.
Quote: AlanMendelsonSeed value thank you for a thoughtful post.
Let me be sure we are using the same definition for "earn."
Does earn mean net profit or is it a gross amount?
Did you and the team walk away with a net profit of $25 million?
And most importantly, how many players were in the team?
Thanks.
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I think there needs to be further clarification. Does $25 million count room comps, free food, freeplay etc, or straight $ profit after all said and done?
I’m also not unique in this field clearly others have done it. Yes I break all the TOS rules. If it’s not criminal I’m all in on the play. I’m also on this grind 7 days week hardly doing much else outside of spending time with family. It’s fun not work to me. But this thread is not about me so I won’t be answering anything else publicly.
FYI, Advantage Players have been questioned before on these forums, Ill leave it up to you to search if you feel so included.Quote: AlanMendelsonQuote: billryanI think that after a lifetime of contributing heavily to casino coffers, longtime gamblers just can't conceive that others regularly beat the casino. Heck, if I can't make a profit after spending all that time, it should be obvious that no one can. I think it is an ego thing.
"If making money from the casino was easy, I'd have found a way to do it. Since I can't, no one else should be able to, either."
It might help if APs didn't treat this like a watering hole and sit around sharing their fishing stories.
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It's curious how MDawg's wins are freely questioned here but the wins of so called APs must be accepted without question.
Why is that?
As I've said before MDawg's wins are easier to accept as true because he only needs to win one or two big bets and then end his session to be able to say "I'm up $10,000 on the day."
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I don't care if it's MD, some rando, or some known AP...It all comes down to math and logic... if it doesn't make sense, it's probably not true.
It all comes down to what the person is playing, how often he is playing, what the % is of his advantage/disadvantage is, and what the variance is.
If an AP card counter told me he wins as frequently and as much as some people have been claiming on the forums, I wouldn't believe him either, because the small advantage and variance just wouldn't jive with a super high winning frequency.
If a slot player(AP or not) had a 20% advantage playing hours a day/many days, and he said he never had a losing day, I would absolutely believe that. If a slot player(AP or not) had a 20% disadvantage playing hours a day/ many, and he said he never had a losing day, I would absolutely NOT believe that.
I would also question someone who claimed to be losing with a 20% advantage(Obviously, it would depend on the variance/how the 20 % is being distributed.)
I don't think you understand that many of the types of Advantage Plays people are talking about are fairly significant 20%, 30%, 40%, 50%...... 200% + plays.. Yeah, I know, you want people to tell you where, when, and how. That doesn't seem like a good idea.
You may want to reflect back a little to Rob Singer and then ask yourself if you're the best judge of what should or shouldn't be believed when it comes to gambling.
Quote: MDawgOf course no one comes on here and says "I have an X% advantage," so the above is a long useless post stating the obvious from the member with more posts than anyone else. And no one seems to have been vetted in any way other than MDawg with any witnessed sessions. Actually, in the history of this forum (or the internet in general) has anyone provided live video of logged in WIN statements within player accounts, let alone for multiple casinos over a multi year period? MDawg has provided it for every casino he has ever even mentioned or discussed playing at.
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It's this attitude in my opinion that really throws suspicion on your claims.
I have said before that I feel you could be doing an advantage play. I say that because I do it myself.
But you keep trying to discredit other AP's as if they are lying.
Usually that's the mark of the person who isn't telling the truth or the whole truth.
Why do you see the need to discredit all other Advantage players?
Quote: darkozQuote: MDawgOf course no one comes on here and says "I have an X% advantage," so the above is a long useless post stating the obvious from the member with more posts than anyone else. And no one seems to have been vetted in any way other than MDawg with any witnessed sessions. Actually, in the history of this forum (or the internet in general) has anyone provided live video of logged in WIN statements within player accounts, let alone for multiple casinos over a multi year period? MDawg has provided it for every casino he has ever even mentioned or discussed playing at.
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It's this attitude in my opinion that really throws suspicion on your claims.
I have said before that I feel you could be doing an advantage play. I say that because I do it myself.
But you keep trying to discredit other AP's as if they are lying.
Usually that's the mark of the person who isn't telling the truth or the whole truth.
Why do you see the need to discredit all other Advantage players?
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This is what troubles me: the insistence that Mdawg must have a mathematical advantage.
He doesn't need an advantage. He needs a fair, close to even bet... and isnt that what Baccarat offers?
Someone making dozens or hundreds of SMALL bets needs an edge to create a win.
All Mdawg needs to do is win one or two $5k bets and he can truthfully say he has won 5-thou or 10-thou.
He doesn't need a big edge to keep winning many bets. He just needs a little luck or variance to win a couple of bets -- sometimes even just one.
What Mdawg has indicated to us, and this gets overlooked, is that he is not a long term player. He's not even a mid term player. You could argue he's not even a short term player. He's less than short term.
He is like the player who walks up to a craps table, throws a $25 chip on the field, takes the win and leaves.
You dont need an edge to do that. You just have to get lucky.
Now, it's also clear that Mdawg has a bankroll to stay at his table to be sure he finished with a win. You might be right that it's a Martingale. But when you're betting $5000 units and in a Martingale all you do is finish up by one unit, what's so bad about finishing up by one $5000 unit?
So to summarize: I think MDawg's critics are judging him by the wrong standard. Mdawg doesnt need an edge to win many hands. Mdawg only needs to win one hand.
Quote: ChumpChangeHe needs to win a streak of hands that he presses into, and there's slightly more than a 33% chance of that happening.
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Let's ask Mdawg.
Do you need a win streak to have a $10k win session when you're making $5k and $10k bets?
Quote: AlanMendelsonQuote: darkozQuote: MDawgOf course no one comes on here and says "I have an X% advantage," so the above is a long useless post stating the obvious from the member with more posts than anyone else. And no one seems to have been vetted in any way other than MDawg with any witnessed sessions. Actually, in the history of this forum (or the internet in general) has anyone provided live video of logged in WIN statements within player accounts, let alone for multiple casinos over a multi year period? MDawg has provided it for every casino he has ever even mentioned or discussed playing at.
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It's this attitude in my opinion that really throws suspicion on your claims.
I have said before that I feel you could be doing an advantage play. I say that because I do it myself.
But you keep trying to discredit other AP's as if they are lying.
Usually that's the mark of the person who isn't telling the truth or the whole truth.
Why do you see the need to discredit all other Advantage players?
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This is what troubles me: the insistence that Mdawg must have a mathematical advantage.
He doesn't need an advantage. He needs a fair, close to even bet... and isnt that what Baccarat offers?
Someone making dozens or hundreds of SMALL bets needs an edge to create a win.
All Mdawg needs to do is win one or two $5k bets and he can truthfully say he has won 5-thou or 10-thou.
He doesn't need a big edge to keep winning many bets. He just needs a little luck or variance to win a couple of bets -- sometimes even just one.
What Mdawg has indicated to us, and this gets overlooked, is that he is not a long term player. He's not even a mid term player. You could argue he's not even a short term player. He's less than short term.
He is like the player who walks up to a craps table, throws a $25 chip on the field, takes the win and leaves.
You dont need an edge to do that. You just have to get lucky.
Now, it's also clear that Mdawg has a bankroll to stay at his table to be sure he finished with a win. You might be right that it's a Martingale. But when you're betting $5000 units and in a Martingale all you do is finish up by one unit, what's so bad about finishing up by one $5000 unit?
So to summarize: I think MDawg's critics are judging him by the wrong standard. Mdawg doesnt need an edge to win many hands. Mdawg only needs to win one hand.
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You say MDawg claims not to be a long-term player in a thread where he repeatedly discusses fifty and sixty straight days of gambling?
Okay what am I not understanding?
Quote: ChumpChangeMDawg only plays 2 shoes to comp his room.
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I wouldn't want to be in his shoes :)
Quote: darkoz
You say MDawg claims not to be a long-term player in a thread where he repeatedly discusses fifty and sixty straight days of gambling?
Okay what am I not understanding?
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Perhaps he's playing only five minutes a day?
Let's ask him.
How long does he have to play -- even a Martingale strategy -- to come out $10,000 ahead when he's betting $5000 units?
Quote: AlanMendelsonQuote: darkoz
You say MDawg claims not to be a long-term player in a thread where he repeatedly discusses fifty and sixty straight days of gambling?
Okay what am I not understanding?
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Perhaps he's playing only five minutes a day?
Let's ask him.
How long does he have to play -- even a Martingale strategy -- to come out $10,000 ahead when he's betting $5000 units?
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I don't need to ask MDawg how long he plays.
MDawg has repeatedly said the comps are based on actual losses of 10% or 35% of Theo.
MDawg had repeatedly said he never gets comped based on actual losses but on Theo.
I guarantee wagering five minutes a day would not achieve the Theo loss that would amount to the comps MDawg claims.
Try again!
Of course if MDawg lost $25K (~ -40 hands @ $600/hand) he could upgrade his room with a $2,500 comp (a week in the suite), and win it all back the next day.
Quote: ChumpChangeMDawg was getting rated at $600/hand at one point. Playing alone at a private table for 160 hands would be $96K coin-in with a theo of $960 at 1% times 35% equals $336 comps.
Of course if MDawg lost $25K (~ -40 hands @ $600/hand) he could upgrade his room with a $2,500 comp (a week in the suite), and win it all back the next day.
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But that's not the way comps work.
And if they did work like that then when he wins it back they would downgrade him. Certainly casinos wouldn't upgrade on a daily basis and never downgrade on a daily basis.
But even though they call it daily Theo, it's precisely because of the scenario you suggest that it's calculated on a monthly schedule.
DarkOz discredits himself as to how theo loss and comps are calculated
where he showed that he clearly doesn't quite understand how theo loss is calculated or applied to comps. Now, DarkOz is not the only one who offers imprecise opinions here, but that one was way out - thinking that it would be comp wise beneficial to pretend to book a win where there was actually a loss, because then would get the theo loss calculated comp instead of the actual loss calculated comp. Anyone who has spent any time in a casino playing would know that it is an either ("OR") calculation - you get either 35-40% of theo OR 10% of actual loss, whichever is greater, and that theo is an ongoing tally based on ACTION whose value would not be affected by winning, losing, or drawing. When DarkOz mused that perhaps showing a win would somehow "kick in the theo based comp" instead of the loss based comp, it reflected a great imprecision in understanding how any of this casino comping works.
Still, I wouldn't jump around this forum showing how this or that claimed AP is imprecise in what he says and therefore doesn't know what he is talking about, however, when a claimed AP questions what I am doing, I "retaliate" (like Ordell Robbie in Jackie Brown when he said that he would "sick the junkyard Dawg" lawyer on the opposing side) by pointing out how such and such doesn't even know what a CTR is or so and so doesn't seem to know how comps are calculated, and therefore this person isn't fit to stick his yahzick out a mile and a half to lick the underside of my boots, let alone question my authority on a subject. 😅'
In any case, no one on here is telling exactly how he does it, so why should I? But at least I've been vetted in different ways, as well as witnessed playing and winning. Other than "Chicken McNuggets" and such, that have nothing to do with gaming, has anyone else here accepted and won a challenge related to gaming and the ability to win?
Plus I don't believe you may find even one post I have ever made where I have been flat out wrong about the way things work when it comes to casinos - if I know something, I speak with authority, almost invariably based on personal experience. If I don't know or have no personal experience in the matter, I say nothing.
Quote: MDawgFirst of all, I don't try to discredit DarkOz. Rather, he discredits himself, such as here:
DarkOz discredits himself as to how theo loss and comps are calculated
where he showed that he clearly doesn't quite understand how theo loss is calculated or applied to comps. Now, DarkOz is not the only one who offers imprecise opinions here, but that one was way out - thinking that it would be comp wise beneficial to pretend to book a win where there was actually a loss, because then would get the theo loss calculated comp instead of the actual loss calculated comp. Anyone who has spent any time in a casino playing would know that it is an either ("OR") caculation - you get either 35-40% of theo OR 10% of actual loss, whichever is greater, and that theo is an ongojng tally based on ACTION whose value would not be affected by winning, losing, or drawing. When DarkOz mused that perhaps showing a win would somehow "kick in the theo based comp" instead of the loss based comp, it reflected a great imprecision in understanding how any of this casino comping works.
Still, I wouldn't jump around this forum showing how this or that claimed AP is imprecise in what he says and therefore doesn't know what he is talking about, however, when a claimed AP questions what I am doing, I "retaliate" (like Ordell Robbie in Jackie Brown when he said that he would "sick the junkyard Dawg" lawyer on the opposing side) by pointing out how such and such doesn't even know what a CTR is or so and so doesn't seem to know how comps are calculated, and therefore this person isn't fit to stick his yahzick out a mile and a half to lick the underside of my boots, let alone question my authority on a subject. 😅'
In any case, no one on here is telling exactly how he does it, so why should I? But at least I've been vetted in different ways, as well as witnessed playing and winning. Other than "Chicken McNuggets" and such, that have nothing to do with gaming, has anyone else here accepted and won a challenge related to gaming and the ability to win?
Plus I don't believe you may find even one post I have ever made where I have been flat out wrong about the way things work when it comes to casinos - if I know something, I speak with authority, almost invariably based on personal experience. If I don't know or have no personal experience in the matter, I say nothing.
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If you ever end up running the marketing of a casino please let me know. Your inability to understand how and why I understand Theo better than you would allow me to take your casino for millions.
Answer this question and we will see how much you understand. (Assume you are being rated in all instances, I e using your players card.)
A) you gamble for four hours and lose nothing. You get comped 35% of theo.
B) you gamble for four hours and lose nothing.
But you also return a week later and make a single wager which you win and then you leave.
You still get comped 35% of your Theo.
Question:. Will you receive the same comps in scenario A as scenario B?
Your claim to understanding how Theo is calculated is on the line here. Answer wrong and you will become a laughing stock
Waiting for your reply.
To that end, tell me again please,
for purposes of comping why would it be beneficial to make certain to have only theoretical losses? 👌 Your post offered your opinion that by hiding losses one would thereby avoid ever being comp'ed based on actual losses and ensure greater comps. How?? Why?? If at the end of the trip a player would get more comps based on actual loss, that is what he would get. If more based on theo, that is what he would get. So how would hiding losses ensure greater comps, when it would not affect the theo calculation whatsoever, and in some cases might result in greater comps if the loss were high enough.Quote: darkozso he always makes certain to only have theoretical losses
Your post made it clear that you do not understand that it is an either (OR) situation - where the player gets the greater of one or the other - it also implies that you may not know how theo is calculated - your quaint idea of trying to avoid losses so that the comps will end up higher, shows a clear failure to understand how any of this works.
Quote: MDawgFar enough but - I'll gladly respond to someone who knows what he is talking about when it comes to comps in general.
If you can't answer because you don't know the answer just admit you don't know.
To say you only will respond to someone who understands comps is obviously your way of refusing to answer a damn easy question for anyone who understands how comps work. After all, you have already made the claim that very few posters on this forum understand comps so you are just going to keep throwing that out as your answer
The question is so simple that if you refuse to answer you expose yourself for lack of understanding.
Answer the question or be exposed (IMHO you have already exposed yourself. I'm just having fun toying with you now.)
Quote: MDawgYes well, it's your nature to keep talking and talking for the sake of talking but the post you made is there for everyone to see, and I'm not the only one who noticed. It will, in fact, become your Epitaph. Dark "doesn't seem to know how comps are calculated" Oz.
Quote: MDawgQuote: MDawgYes well, it's your nature to keep talking and talking for the sake of talking but the post you made is there for everyone to see, and I'm not the only one who noticed. It will, in fact, become your Epitaph. Dark "doesn't seem to know how comps are calculated" Oz.
link to original post
That's your answer?
Lol, so you have been exposed. You can't even answer a simple Theo question.
So sad it ended like this. Having to crush you so easily.
And getting comped like he claims? Come on man, be logical.Quote: AlanMendelsonQuote: darkoz
You say MDawg claims not to be a long-term player in a thread where he repeatedly discusses fifty and sixty straight days of gambling?
Okay what am I not understanding?
link to original post
Perhaps he's playing only five minutes a day?
Let's ask him.
How long does he have to play -- even a Martingale strategy -- to come out $10,000 ahead when he's betting $5000 units?
link to original post
Quote: AxelWolfAnd getting comped like he claims? Come on man, be logical.Quote: AlanMendelsonQuote: darkoz
You say MDawg claims not to be a long-term player in a thread where he repeatedly discusses fifty and sixty straight days of gambling?
Okay what am I not understanding?
link to original post
Perhaps he's playing only five minutes a day?
Let's ask him.
How long does he have to play -- even a Martingale strategy -- to come out $10,000 ahead when he's betting $5000 units?
link to original post
link to original post
I admit it's been 4+ years since I was comped RFB at Caesars but back then I was told that at craps to be comped at my level (not MDawg's level) I needed to play $135 average bet (money on the table) for four hours per day.
At craps you roll the dice -- conservatively -- once every 30 seconds. This accounts for buyins, pays, sweeping up chips, placing bets, dice off the table, etc. That's 120 rolls per hour, 480 rolls in four hours.
480 X $135 = $64,800 total action
But let's get real-- one bet wins and gets paid at a time. So I would not really lose that much, or be paid that much, and there would be winners.
But compare that to five minutes of $5,000 bets or $10,000 bets at Baccarat. I only played Baccarat twice -- in a free tournament. I'm going to venture that in 5 minutes of play there can be ten hands played.
Let's use an average bet of $7,500.
10 X $7,500 = $75,000 total action
I see no reason why Mdawg couldn't be comped the way he is playing $75,000 action per day... especially since he's there multiple days including slow weekday days.
And I'm using a $7500 average bet.
In any case, at a few thousand dollar average bet it doesn't take much time to max out RFB, even less at a five thousand average bet. Three years ago when I started up again I was achieving pretty good comps with just a few hundred dollar average bet, a bit later good comps with a five hundred dollar average bet, and then good comps with a thousand and higher average bet. At some point you're off the chart and able to get whatever you want within reason, comp wise.
Quote: AlanMendelsonQuote: AxelWolfAnd getting comped like he claims? Come on man, be logical.Quote: AlanMendelsonQuote: darkoz
You say MDawg claims not to be a long-term player in a thread where he repeatedly discusses fifty and sixty straight days of gambling?
Okay what am I not understanding?
link to original post
Perhaps he's playing only five minutes a day?
Let's ask him.
How long does he have to play -- even a Martingale strategy -- to come out $10,000 ahead when he's betting $5000 units?
link to original post
link to original post
I admit it's been 4+ years since I was comped RFB at Caesars but back then I was told that at craps to be comped at my level (not MDawg's level) I needed to play $135 average bet (money on the table) for four hours per day.
At craps you roll the dice -- conservatively -- once every 30 seconds. This accounts for buyins, pays, sweeping up chips, placing bets, dice off the table, etc. That's 120 rolls per hour, 480 rolls in four hours.
480 X $135 = $64,800 total action
But let's get real-- one bet wins and gets paid at a time. So I would not really lose that much, or be paid that much, and there would be winners.
But compare that to five minutes of $5,000 bets or $10,000 bets at Baccarat. I only played Baccarat twice -- in a free tournament. I'm going to venture that in 5 minutes of play there can be ten hands played.
Let's use an average bet of $7,500.
10 X $7,500 = $75,000 total action
I see no reason why Mdawg couldn't be comped the way he is playing $75,000 action per day... especially since he's there multiple days including slow weekday days.
And I'm using a $7500 average bet.
link to original post
Alan, what difference does doing it for just five minutes a day make to the house edge?
If as you say, MDawg just plays five minutes, wins and leaves, why wait twenty four hours to repeat it? Why not just wait twenty minutes?
What is it about the sun rising on a new day that makes you feel MDawg is starting fresh and can't do that just waiting twenty minutes?
Quote: darkozQuote: AlanMendelsonQuote: AxelWolfAnd getting comped like he claims? Come on man, be logical.Quote: AlanMendelsonQuote: darkoz
You say MDawg claims not to be a long-term player in a thread where he repeatedly discusses fifty and sixty straight days of gambling?
Okay what am I not understanding?
link to original post
Perhaps he's playing only five minutes a day?
Let's ask him.
How long does he have to play -- even a Martingale strategy -- to come out $10,000 ahead when he's betting $5000 units?
link to original post
link to original post
I admit it's been 4+ years since I was comped RFB at Caesars but back then I was told that at craps to be comped at my level (not MDawg's level) I needed to play $135 average bet (money on the table) for four hours per day.
At craps you roll the dice -- conservatively -- once every 30 seconds. This accounts for buyins, pays, sweeping up chips, placing bets, dice off the table, etc. That's 120 rolls per hour, 480 rolls in four hours.
480 X $135 = $64,800 total action
But let's get real-- one bet wins and gets paid at a time. So I would not really lose that much, or be paid that much, and there would be winners.
But compare that to five minutes of $5,000 bets or $10,000 bets at Baccarat. I only played Baccarat twice -- in a free tournament. I'm going to venture that in 5 minutes of play there can be ten hands played.
Let's use an average bet of $7,500.
10 X $7,500 = $75,000 total action
I see no reason why Mdawg couldn't be comped the way he is playing $75,000 action per day... especially since he's there multiple days including slow weekday days.
And I'm using a $7500 average bet.
link to original post
Alan, what difference does doing it for just five minutes a day make to the house edge?
If as you say, MDawg just plays five minutes, wins and leaves, why wait twenty four hours to repeat it? Why not just wait twenty minutes?
What is it about the sun rising on a new day that makes you feel MDawg is starting fresh and can't do that just waiting twenty minutes?
link to original post
The way I understand it, the house edge doesnt change if you make one bet or if you make a million bets. And the house edge doesnt change if you play five minutes or if you play four hours.
The edge is determined by the payoff and the chance of winning.
I know that in craps more points for comps are given to players who make crazy crapper bets including hops, horns and hardways. I'm a conservative bettor so my comps are not as rich.
Quote: AlanMendelsonQuote: darkozQuote: AlanMendelsonQuote: AxelWolfAnd getting comped like he claims? Come on man, be logical.Quote: AlanMendelsonQuote: darkoz
You say MDawg claims not to be a long-term player in a thread where he repeatedly discusses fifty and sixty straight days of gambling?
Okay what am I not understanding?
link to original post
Perhaps he's playing only five minutes a day?
Let's ask him.
How long does he have to play -- even a Martingale strategy -- to come out $10,000 ahead when he's betting $5000 units?
link to original post
link to original post
I admit it's been 4+ years since I was comped RFB at Caesars but back then I was told that at craps to be comped at my level (not MDawg's level) I needed to play $135 average bet (money on the table) for four hours per day.
At craps you roll the dice -- conservatively -- once every 30 seconds. This accounts for buyins, pays, sweeping up chips, placing bets, dice off the table, etc. That's 120 rolls per hour, 480 rolls in four hours.
480 X $135 = $64,800 total action
But let's get real-- one bet wins and gets paid at a time. So I would not really lose that much, or be paid that much, and there would be winners.
But compare that to five minutes of $5,000 bets or $10,000 bets at Baccarat. I only played Baccarat twice -- in a free tournament. I'm going to venture that in 5 minutes of play there can be ten hands played.
Let's use an average bet of $7,500.
10 X $7,500 = $75,000 total action
I see no reason why Mdawg couldn't be comped the way he is playing $75,000 action per day... especially since he's there multiple days including slow weekday days.
And I'm using a $7500 average bet.
link to original post
Alan, what difference does doing it for just five minutes a day make to the house edge?
If as you say, MDawg just plays five minutes, wins and leaves, why wait twenty four hours to repeat it? Why not just wait twenty minutes?
What is it about the sun rising on a new day that makes you feel MDawg is starting fresh and can't do that just waiting twenty minutes?
link to original post
The way I understand it, the house edge doesnt change if you make one bet or if you make a million bets. And the house edge doesnt change if you play five minutes or if you play four hours.
The edge is determined by the payoff and the chance of winning.
I know that in craps more points for comps are given to players who make crazy crapper bets including hops, horns and hardways. I'm a conservative bettor so my comps are not as rich.
link to original post
Right.
So take two players.
Player A plays for sixty minutes straight.
Player B plays only ten minutes a day for six days (total sixty minutes spread out over six days.
Who has a better chance based on their exposure to the house edge of winning money?
If player A is making 1000 $1 bets and the house edge is 10% shouldn't he have a expected return of $900?
If player B makes one $1000 bet and the house edge is 10% shouldn't he also have a expected return of $900?
Quote: AlanMendelsonAre they both betting the same amount?
If player A is making 1000 $1 bets and the house edge is 10% shouldn't he have a expected return of $900?
If player B makes one $1000 bet and the house edge is 10% shouldn't he also have a expected return of $900?
link to original post
Let's say it's an even money bet on DieterCo's "even more ways to win" tetra-zero roulette game. (House edge just 10%! Fewer emissions than a slot machine!)
The player making 1000 $1 bets has a decent chance of walking away with $900 or thereabouts.
The player making a single $1000 wager is walking with $2000 or $0.
Flip it for the house's perspective, and they have a reasonable chance of winning about $100 off player A, so they comp. They may elect to not comp player B, since he left the game before the floor could even record his buy-in.
