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MDawg
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June 21st, 2022 at 1:58:16 PM permalink
Tuttigym, with all due respect, you say a lot of things that show that you don't have a clear idea of how any of this works. Lot of extraneous irrelevant or misguided concerns. You definitely should not take on my Challenge, we are in agreement there.

In general though, the results of each session remain on file for a while, and are easily verified.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
SOOPOO
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June 21st, 2022 at 3:56:19 PM permalink
Quote: MDawg

Tuttigym, with all due respect, you say a lot of things that show that you don't have a clear idea of how any of this works. Lot of extraneous irrelevant or misguided concerns. You definitely should not take on my Challenge, we are in agreement there.

In general though, the results of each session remain on file for a while, and are easily verified.
link to original post



I’m asking this seriously…. You are saying you can ask the casino, as an example, …. ‘Hey, it’s me MDawg. On May 17 I played bac, then moved to DD BJ. How much did I win at each table?’ And they would get you an actual accurate answer?
darkoz
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June 21st, 2022 at 4:33:05 PM permalink
Quote: SOOPOO

Quote: MDawg

Tuttigym, with all due respect, you say a lot of things that show that you don't have a clear idea of how any of this works. Lot of extraneous irrelevant or misguided concerns. You definitely should not take on my Challenge, we are in agreement there.

In general though, the results of each session remain on file for a while, and are easily verified.
link to original post



I’m asking this seriously…. You are saying you can ask the casino, as an example, …. ‘Hey, it’s me MDawg. On May 17 I played bac, then moved to DD BJ. How much did I win at each table?’ And they would get you an actual accurate answer?
link to original post



Soopoo, it doesn't even matter.

The challenge is for a lot of money. Enough money that an even split with a casino insider is worth bending any rules.

"Hey, I will bring someone. You verify falsely what I won that day, we split ten grand for five minutes of work"

Stranger things have been known to happen in the world of casino collusion.
For Whom the bus tolls; The bus tolls for thee
darkoz
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June 21st, 2022 at 4:34:14 PM permalink
Quote: MDawg

Let's say you play x hours during your trip and earn a theoretical loss of -1000 at table games. You'll get about $350. in comps for that (about 35% of theo).

Now given that you only get 10% of actual loss, you'd have to show at least -3500 in actual losses for the host to even bother with calculating your comps based on actual loss. And as you know, theo loss remains whatever it is, win, lose or draw (this was the concept DarkOz seemed to be having a hard time with). So, unless your scheme results in showing a loss of over 3500, in such a scenario, it is for nought as far as comps.

Basically, because you get only 10% of actual loss versus 35% of theo, you really would have to show far more losses than any little pocketing a little chip off the table scheme could create, in order to wind up ahead in comps.
link to original post



There are ways to fake losses.

Not so easy with Theo.

That's why MDawg doesn't get it.
For Whom the bus tolls; The bus tolls for thee
DRich
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June 21st, 2022 at 4:47:49 PM permalink
As one who has programmed casino tracking systems I can tell you that they are only as good as the people inputting the data. If any one of you think they are accurate, you are wrong. People make mistakes and can not accurately watch what is going on.

If anyone of you think the pit can accurately track my wins and losses I would gladly take that challenge.
At my age, a "Life In Prison" sentence is not much of a deterrent.
SOOPOO
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June 21st, 2022 at 6:04:33 PM permalink
Quote: DRich

As one who has programmed casino tracking systems I can tell you that they are only as good as the people inputting the data. If any one of you think they are accurate, you are wrong. People make mistakes and can not accurately watch what is going on.

If anyone of you think the pit can accurately track my wins and losses I would gladly take that challenge.
link to original post



I agree on YOU and ME. Being one of a few gamblers throwing out reds and greens and occasionally a black is not the same as a guy betting multiple black and up per hand on a private table. I have to defer to MDawg on how they track the bigger players. He should defer to me on how little they care about my play!
Ace2
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June 21st, 2022 at 7:14:45 PM permalink
Quote: MDawg

Tuttigym, with all due respect, you say a lot of things that show that you don't have a clear idea of how any of this works.

This is especially true for tuttigym's posts on craps
It’s all about making that GTA
AlanMendelson
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June 21st, 2022 at 8:24:05 PM permalink
Everyone who plays table games knows that table game ratings and win/loss statements are arbitrary and unreliable.

Including the IRS.

In fact the IRS values your own record keeping higher than casino win/loss statements.

As an experiment, why don't you post a simple poll and ask "do you believe the win/loss" totals I've posted here? Just have a simple yes or no.

Aren't you curious how many believe you?

By the way, betting large amounts of money doesnt get to the truth. What it does is frighten away people who fear a rigged system.
MDawg
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June 21st, 2022 at 10:26:53 PM permalink
Ever since I posted this I've received multiple PMs suggesting that I need not belabor the point of that DarkOz doesn't know what he's talking about, so I will heed that suggestion, lest people start laughing at him on the street. DarkOz's musing about how a casino host might agree to split some cash in order to falsify records starts a whole new laugh track set to his murmuring.



DRich, you might be talking about lower end players at public tables, but when I play at my private table the exact tally of what I won or lost is easily calculated and reliably accurate.

SooPoo you are right, in my (as you put it) zip code when I play at a private table the tally is completed more easily than at a table with multiple players. However, during a pause in today's action I watched when a fairly large player came to and left a Baccarat table, and the pit boss requested from the dealer an exact count of the table's chips the moment that player left and only after that was done did that pit boss enter some figures into the screen. I can't say when the prior tally was done, but that pit boss was also extremely meticulous about asking the dealer exactly what that player brought to the table (when that player arrived) and left with (when that player left), and must have been cross checking those figures with the table count.

DRich the question that was posed is, would the tally from one of my sessions at a private table be accurate. Yes, it would be, and even if you don't understand why, then at least you should understand why your comments on lower end play are irrelevant for purposes of that particular debate.

SooPoo, absolutely, the host has a record of the win or loss as recorded at every one of my sessions. I assume that at trip's end they are all merged, but along the way an independent record of each session is available.
Last edited by: MDawg on Jun 21, 2022
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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June 21st, 2022 at 10:32:44 PM permalink
Day 38 play.

Baccarat.

Pretty smooth sailing divided into two sessions. There was some backsliding around the +30K mark, but I recovered and pressed on ahead until I got hungry and decided to call it a day.

(Veal, rack of lamb or ribeye steak with a light spread of foie gras is something I've gotten into lately.)

+43800

Note: Lately, for security reasons, session reports are not necessarily presented in real time corresponding directly to the day played.



I'm willing to present a side Challenge. If anyone doubts that any one, just any one of the Session reports I present during this trip is not entirely accurate, throw down a red flag! Put up a mere ten grand in cash, let's work out how to verify the Session to your satisfaction using the Wizard as the judge, and winner takes the twenty thousand.

I'll contribute five hundred from my end for the Wizard's time if the Challenger will do the same, so that's $19,000. to the winner of this side Challenge.

This Side Challenge remains good for the duration of this particular Vegas trip.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
darkoz
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June 22nd, 2022 at 1:46:43 AM permalink
Quote: MDawg

Ever since I posted this I've received multiple PMs suggesting that I need not belabor the point of that DarkOz doesn't know what he's talking about, so I will heed that suggestion, lest people start laughing at him on the street. DarkOz's musing about how a casino host might agree to split some cash in order to falsify records starts a whole new laugh track set to his murmuring.

link to original post



Just to show that for an attorney, MDawg shows very little knowledge of real world corruption possibilities, here is just one example of how someone could be duped by MDawg if he was working with, say, a VP of casino operations in Pennsylvania.

WARNING WARNING DANGER DANGER WILL ROBINSON

Would you feel comfortable making the wager MDawg proposes involving casino staff after reading the articles below?



For Whom the bus tolls; The bus tolls for thee
darkoz
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June 22nd, 2022 at 2:01:48 AM permalink
The naivete that MDawg displays about casino employees corruption possibilities may explain why he has a California law practice with not enough clients such that he can be in Las Vegas most of the year.
For Whom the bus tolls; The bus tolls for thee
DRich
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June 22nd, 2022 at 5:40:20 AM permalink
Quote: MDawg



DRich, you might be talking about lower end players at public tables, but when I play at my private table the exact tally of what I won or lost is easily calculated and reliably accurate.



I worked in the casino business for 25 years. I do not believe anyone can accurately track gaming chips at any table. If I play for multiple hours at a table, they will make a mistake. It might be a small mistake but it will not be accurate. Between dealer tips, cocktail tips, and ratholing they will not have an accurate count.
At my age, a "Life In Prison" sentence is not much of a deterrent.
AlanMendelson
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June 22nd, 2022 at 6:24:48 AM permalink
Perhaps what Mr Mdawg is saying is that floor people don't miss those $5,000 chips he bets exclusively.
MDawg
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June 22nd, 2022 at 7:28:24 AM permalink
Quote: DRich

Quote: MDawg



DRich, you might be talking about lower end players at public tables, but when I play at my private table the exact tally of what I won or lost is easily calculated and reliably accurate.



I worked in the casino business for 25 years. I do not believe anyone can accurately track gaming chips at any table. If I play for multiple hours at a table, they will make a mistake. It might be a small mistake but it will not be accurate. Between dealer tips, cocktail tips, and ratholing they will not have an accurate count.
link to original post


For whatever reason it seems difficult for people here to understand why none of that would matter in a situation where there is only one player at the table because it is private, and the rack itself is counted before and after the session.
Quote: MDawg


Anyway, I suppose you did not understand this statement.

Quote: MDawg

In my case I am playing at a private table where the entire house rack is counted minutely before and after my session such that the possibility of mistake is close to nil.
link to original post


So, you worked in the casino business for 25 years, and you never encountered high rolling players with their own tables?

Perhaps you could have a little foie gras and think about this again. On me, I have virtually unlimited comps no doubt due to the very accurate tallies at my sessions. 😝


"I have total credit! Can you grasp that?” I was breathing heavily, feeling crazy, sweating into the phone.
Last edited by: MDawg on Jun 22, 2022
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
tuttigym
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June 22nd, 2022 at 8:46:28 AM permalink
Quote: MDawg

Tuttigym, with all due respect, you say a lot of things that show that you don't have a clear idea of how any of this works. Lot of extraneous irrelevant or misguided concerns. You definitely should not take on my Challenge, we are in agreement there.

In general though, the results of each session remain on file for a while, and are easily verified.
link to original post


How "any of what works"? Your lack of specificity continues. What is "misguided" is your "challenge." What you claim to be "irrelevant" has fostered additional conversation and some debate.

So, "chip counts" for every table and every work shift are tabulated and coordinated with the "cashing cage" and remain on file for a while"? You know this how? A while? How long? You know this how?

So many generalities and so much vagueness.

So again, how is the Wizard going to verify exactly?

It seems that there is enough rebuttal here from others that might indicate something is amiss.

BTW are all your sessions at a private table with only you playing? Gosh, if it weren't for this form, nobody would hear your raucous shouting of joy and the cheers from the "gallery."

tuttigym
tuttigym
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June 22nd, 2022 at 8:59:12 AM permalink
Quote: Ace2

Quote: MDawg

Tuttigym, with all due respect, you say a lot of things that show that you don't have a clear idea of how any of this works.

This is especially true for tuttigym's posts on craps
link to original post


Especially your irrelevant math that can never be duplicated or performed at the table.

There was one exception though, the 28 straight tosses w/o a 7 out which your do perform at every session you play. I have a clear understanding of that one. Also, "Simulations are taken into the billions to provide a very high level of precision and confidence and usually only done when something is IMPOSSIBLE or too difficult to calculate directly (perform inferred)." Ace2 5-10-22

tuttigym
Wizard
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June 22nd, 2022 at 10:16:44 AM permalink
Quote: darkoz

The naivete that MDawg displays about casino employees corruption possibilities may explain why he has a California law practice with not enough clients such that he can be in Las Vegas most of the year.
link to original post



Personal insult -- Three days.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
AZDuffman
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June 22nd, 2022 at 12:33:01 PM permalink
Quote: DRich

Quote: MDawg



DRich, you might be talking about lower end players at public tables, but when I play at my private table the exact tally of what I won or lost is easily calculated and reliably accurate.



I worked in the casino business for 25 years. I do not believe anyone can accurately track gaming chips at any table. If I play for multiple hours at a table, they will make a mistake. It might be a small mistake but it will not be accurate. Between dealer tips, cocktail tips, and ratholing they will not have an accurate count.
link to original post



They do watch what was there at open, shift change, and close. What fills and what credits. One thing people miss is that chips leave a table even if the game is winning. There are more fills than credits by far.
All animals are equal, but some are more equal than others
tuttigym
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June 22nd, 2022 at 1:30:03 PM permalink
Quote: AZDuffman

They do watch what was there at open, shift change, and close. What fills and what credits. One thing people miss is that chips leave a table even if the game is winning. There are more fills than credits by far.
link to original post


I often leave one game with chips in my pocket without coloring. I will take them to my room or move to another game and buy in. I still get credits on my card and I have never been hassled by casino ee's.

tuttigym
DRich
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June 22nd, 2022 at 3:06:38 PM permalink
Quote: MDawg


So, you worked in the casino business for 25 years, and you never encountered high rolling players with their own tables?



I definitely have. In my experience the smarter players are the ones at tables with multiple people so that they can disguise their play patterns.
At my age, a "Life In Prison" sentence is not much of a deterrent.
DRich
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June 23rd, 2022 at 5:42:47 AM permalink
Quote: DRich

Quote: MDawg


So, you worked in the casino business for 25 years, and you never encountered high rolling players with their own tables?



I definitely have. In my experience the smarter players are the ones at tables with multiple people so that they can disguise their play patterns.
link to original post



I apologize for the statement above. I should have said "skilled" players and not necessarily "smarter" players.
At my age, a "Life In Prison" sentence is not much of a deterrent.
MDawg
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June 25th, 2022 at 10:16:50 AM permalink
None of that affects the accuracy of the win loss at a private table with only one player. The rack is counted before and after the session, and provides an exact tally for the win or loss. That's all that matters for purposes of my "Challenge."
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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June 25th, 2022 at 10:18:16 AM permalink
Day 41 play.

Baccarat.

Unfortunately, a very accurate tally! of a big loss at a private table.

-73000

Note: Lately, for security reasons, session reports are not necessarily presented in real time corresponding directly to the day played.



I'm willing to present a side Challenge. If anyone doubts that any one, just any one of the Session reports I present during this trip is not entirely accurate, throw down a red flag! Put up a mere ten grand in cash, let's work out how to verify the Session to your satisfaction using the Wizard as the judge, and winner takes the twenty thousand.

I'll contribute five hundred from my end for the Wizard's time if the Challenger will do the same, so that's $19,000. to the winner of this side Challenge.

This Side Challenge remains good for the duration of this particular Vegas trip.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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June 26th, 2022 at 8:09:42 AM permalink
Day 42 play.

Baccarat.

A little recovery.

+43000

Note: Lately, for security reasons, session reports are not necessarily presented in real time corresponding directly to the day played.



I'm willing to present a side Challenge. If anyone doubts that any one, just any one of the Session reports I present during this trip is not entirely accurate, throw down a red flag! Put up a mere ten grand in cash, let's work out how to verify the Session to your satisfaction using the Wizard as the judge, and winner takes the twenty thousand.

I'll contribute five hundred from my end for the Wizard's time if the Challenger will do the same, so that's $19,000. to the winner of this side Challenge.

This Side Challenge remains good for the duration of this particular Vegas trip.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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June 26th, 2022 at 11:01:56 AM permalink
On the internet at different gambling forums there is a discussion of what real versus "prop" money looks like. I don't know what prop money looks like, but this is the real thing,




and represents the cashout from one of my recent wins.

And when you win enough, they'll give you a free money bag such as this one, if you ask for one, at some casinos. I'd like to be presumptuous enough to come with a bag to each session, expecting to tote out that much, but I don't like carrying such a thing around, and so I usually end up with stacks of these money bags that I sometimes use for something else (or for nothing). I suppose I could start a brisk business selling them on eBay. (Oftentimes I just take a check anyway, and don't need a bag at all, but sometimes, you just want cash!)
Last edited by: MDawg on Jun 26, 2022
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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June 26th, 2022 at 11:14:03 AM permalink
While we're on the sujet of What is the real thing?, let's discuss the difference between platinum and 18K gold (14K - strictly for squares, never touch the stuff).


All three necklaces are platinum (950) with the one laid across them horizontally 18K white gold (750). Platinum has a distinctive gray tone to it that is a patina developed over time, and of course is much heavier by volume (950 platinum 21.5 g/cc is roughly 1/3 more dense than 18K gold 16.5 g/cc).

Platinum is more rare than gold and used to cost more than gold per ounce. Today, platinum costs less per ounce than gold but the general markup when you buy any jewelry or watches made of platinum is higher for platinum than for gold, so in general anything made of platinum will end up costing you more than its counterpart in 18K gold. I've been able to obtain a lot of jewelry wholesale at not much over melt, but that is only due to my connections.
Last edited by: MDawg on Jun 26, 2022
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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June 26th, 2022 at 11:18:25 AM permalink
And here we have from left to right a watch made of platinum, one made of 18K white gold, and one made of stainless steel. Not hard at all for the trained eye to discern the difference, but what is interesting is that that particular vintage Rolex, partly because of its condition and having come with original box and papers, and also because of its dial, in stainless steel, is worth more than the other two watches combined.

I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
tuttigym
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June 26th, 2022 at 1:02:26 PM permalink
So, is that deposited in your USA bank account or your offshore bank account never to be revealed to the IRS?

BTW if the IRS is notified of large cash deposits, why do they do?

tuttigym
darkoz
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June 26th, 2022 at 1:07:26 PM permalink
Quote: tuttigym

So, is that deposited in your USA bank account or your offshore bank account never to be revealed to the IRS?

BTW if the IRS is notified of large cash deposits, why do they do?

tuttigym
link to original post



It's really not a lot of money he is showing.

I currently have nearly twice that amount in the field, being used by my crew in operations.

Don't ask me to take a photo. Remember, the money is in the field.

Hey at least MDawg has it sitting in his hotel room doing nothing. Very productive!
For Whom the bus tolls; The bus tolls for thee
ChumpChange
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June 26th, 2022 at 1:11:26 PM permalink
A casino cashier unwrapped 100 $100 bills and put them in the high speed bill counter machine. I asked if I could have the $10K wrapper, she said OK and gave it to me. Then she changed her mind and got me a fresh one from another drawer and wanted the one she gave me back because it was signed with initials. #souvenir

I notice MDawg had to white-out the serial numbers on his money. Was there a secret code in those numbers or is the Secret Service being ridiculous again?
tuttigym
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June 26th, 2022 at 1:14:48 PM permalink
Quote: darkoz


It's really not a lot of money he is showing.

I currently have nearly twice that amount in the field, being used by my crew in operations.

Don't ask me to take a photo. Remember, the money is in the field.

Hey at least MDawg has it sitting in his hotel room doing nothing. Very productive!
link to original post


"Productivity and a "Greyhound bus" I love it.

And the cost of AP continues to surge. Way too rich for my blood.

tuttigym
MDawg
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June 26th, 2022 at 1:42:43 PM permalink
It is interesting how peoples' minds works. Tuttigym immediately starts thinking about tax consequences. Which, fine. Okay.

And DarkOz immediately goes into defensive mode with a But...buut...I have more than that put into my scheme to bilk the casinos. (He also dumped twice that into a penny stock, if we believe him.)

But the point of the post was merely to show what real money looks like, and that it came from a single session WIN.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
DRich
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June 26th, 2022 at 1:46:59 PM permalink
Quote: MDawg


But the point of the post was merely to show what real money looks like, and that it came from a single session WIN.
link to original post



I think most of the people on this website know what real money looks like. Most of us probably have a few bills in our wallet.

The most cash I have ever carried was high six figures. Unfortunately, it wasn't my money. Some guy gave it to me at the airport and I was tasked to deliver it to another person. There was no counting it when he gave it to me. I drove about 60 miles with it and then gave it to another person who counted it.
At my age, a "Life In Prison" sentence is not much of a deterrent.
Dieter
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June 26th, 2022 at 1:59:14 PM permalink

Around 1:40 for the payoff.
Apologies for the profane utterance earlier in the clip.
May the cards fall in your favor.
darkoz
darkoz 
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June 26th, 2022 at 2:19:37 PM permalink
Quote: MDawg



And DarkOz immediately goes into defensive mode with a But...buut...I have more than that put into my scheme to bilk the casinos. (He also dumped twice that into a penny stock, if we believe him.)



When it comes to stock investing, most people believe me.

All WOV posters should strive to prove they are legit and not make claims that require large wagers to garner the truth.
For Whom the bus tolls; The bus tolls for thee
Seedvalue
Seedvalue
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June 26th, 2022 at 2:36:34 PM permalink
40 to 50k fits easily in two standard front pockets. Most semi successful basic slot hustlers are walking around with 20k everyday. Most Video poker guys I know keep 100 to 200k in cash on hand. My point is most successful gamblers are not impressed by small sums of money.

I read a study that said most people once they make about 65k a year reach peak happiness or something like that. I certainly make way more then I care or need to spend. I get more enjoyment out of helping other people make money.
Seedvalue
Seedvalue
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June 26th, 2022 at 2:45:33 PM permalink
Quote: darkoz

Quote: tuttigym

So, is that deposited in your USA bank account or your offshore bank account never to be revealed to the IRS?

BTW if the IRS is notified of large cash deposits, why do they do?

tuttigym
link to original post



It's really not a lot of money he is showing.

I currently have nearly twice that amount in the field, being used by my crew in operations.

Don't ask me to take a photo. Remember, the money is in the field.

Hey at least MDawg has it sitting in his hotel room doing nothing. Very productive!
link to original post



75k could be 150 cards or around 35 depending on the method used.
AlanMendelson
AlanMendelson
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June 26th, 2022 at 2:59:51 PM permalink
I'm curious why the serial numbers are blocked? I don't know of any requirement to block serial numbers in photos. Please explain the reasoning. Thanks.

Regarding taxes: I just want to mention what Youtuber John of John's World of Video Poker has this said on several of his videos:

He said he took ALL of last year's profit (this included his $100k royal) and plowed it ALL into home improvements. He has mentioned nothing about paying taxes or having tax money withheld.

No one has ever questioned what he has said and he said he plowed over $100k into his backyard pool, hardscaping, etc.

I really wonder about what he's not telling???
tuttigym
tuttigym
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June 26th, 2022 at 4:05:28 PM permalink
Quote: MDawg

It is interesting how peoples' minds works. Tuttigym immediately starts thinking about tax consequences. Which, fine. Okay.


So, answer the questions.

tuttigym
darkoz
darkoz 
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June 26th, 2022 at 4:31:11 PM permalink
Quote: Seedvalue

Quote: darkoz

Quote: tuttigym

So, is that deposited in your USA bank account or your offshore bank account never to be revealed to the IRS?

BTW if the IRS is notified of large cash deposits, why do they do?

tuttigym
link to original post



It's really not a lot of money he is showing.

I currently have nearly twice that amount in the field, being used by my crew in operations.

Don't ask me to take a photo. Remember, the money is in the field.

Hey at least MDawg has it sitting in his hotel room doing nothing. Very productive!
link to original post



75k could be 150 cards or around 35 depending on the method used.
link to original post



The reason so much money is out in the field is due to play requirements to keep cards from being locked.

My Freeplay collectors are all trained to do whatever extra is needed to keep the cards going.

It varies location to location.
For Whom the bus tolls; The bus tolls for thee
ChumpChange
ChumpChange
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June 26th, 2022 at 6:48:49 PM permalink
50% of Americans could be wiped-out financially due to crashing markets, high inflation, and bank runs that go nowhere, later this year!

Bank Runs In China! Millions Rush To Get Their Money Out Of The System As Cash Shortage Begins - Epic Economist - 450K subscribers - YouTube
https://www.youtube.com/watch?v=wRqYoCa7GJY

Not much reason to trust banks with stacks of bills even if interest rates go to 20% because they'll fall like a crypto bank ponzi scheme.
SOOPOO
SOOPOO
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June 27th, 2022 at 6:07:50 AM permalink
Interesting side chatter about the amount of cash someone will tote around. I think my peak was around $4k after my successful Vegas trip with the bad Asia Poker and Pai Gow Poker dealers a decade back. I felt SO uncomfortable with that much cash. I guess if you are used to it like MDawg and the slot/VP APs, it becomes second nature.

If I broke $10k in winnings I’d definitely take a check.
AlanMendelson
AlanMendelson
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June 27th, 2022 at 6:37:08 AM permalink
I'm not wowed by stacks of hundred dollar bills.

I'm wowed by the girlfriend of one of my exes who had buckets of quarters in her house from the laundromat she and her husband owned.

One weekend she came to Vegas with us. When I got to her house to pick her up she had six or 8 buckets of quarters to take to Caesars. (I dont remember and I was afraid to count.)

I dont know how much it weighed but I was worried my car would collapse on the 15 freeway.

She had one baggage cart at the valet just for the quarters.

This was back in the coin-in days and Caesars was happy to take the coins.
darkoz
darkoz 
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June 27th, 2022 at 7:00:22 AM permalink
Quote: AlanMendelson

I'm not wowed by stacks of hundred dollar bills.

I'm wowed by the girlfriend of one of my exes who had buckets of quarters in her house from the laundromat she and her husband owned.

One weekend she came to Vegas with us. When I got to her house to pick her up she had six or 8 buckets of quarters to take to Caesars. (I dont remember and I was afraid to count.)

I dont know how much it weighed but I was worried my car would collapse on the 15 freeway.

She had one baggage cart at the valet just for the quarters.

This was back in the coin-in days and Caesars was happy to take the coins.
link to original post



That reminds me of a humorous story.

A friend's uncle hadn't been to a casino in two decades and wanted to tag along when he heard we were going. He said he had about five hundred dollars to play.

He arrives with a HUGE backpack and I informed him security wouldn't let him into that particular casino without checking in that bag (this was right after the Boston Marathon bombing).

He said fine but he would need a whole lot of buckets then.

"Buckets?"

He had brought $500 in loose change inside the backpack. He was a big guy but I can only imagine what that weighed

He seemed so disappointed when I told him the machines don't take change anymore. Just paper money. He had traveled with us for nothing.
For Whom the bus tolls; The bus tolls for thee
MDawg
MDawg
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June 28th, 2022 at 9:30:25 AM permalink
Baccarat ties. I've seen 5 in a row more than once over the past couple years, but more importantly, I've hit 4/5 of those ties when they happened. Not that hard actually - depending on the circumstances if the tie hits on a tie heavy shoe I will put something on the tie for the next hand, and then press it until it stops happening. "Nothing sweeter than a tie repeater."

The other day I saw a player hit the tie for $2000. (pay out $16000.) twice in one shoe, which was quite impressive in that the player only bet it a few times according to what I saw, and what the dealer later confirmed to me.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
MDawg
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June 28th, 2022 at 9:31:44 AM permalink
Day 43 play.

Baccarat.

One of my Best. Sessions. Ever.

(Did take some time.)

+226000

Note: Lately, for security reasons, session reports are not necessarily presented in real time corresponding directly to the day played.



I'm willing to present a side Challenge. If anyone doubts that any one, just any one of the Session reports I present during this trip is not entirely accurate, throw down a red flag! Put up a mere ten grand in cash, let's work out how to verify the Session to your satisfaction using the Wizard as the judge, and winner takes the twenty thousand.

I'll contribute five hundred from my end for the Wizard's time if the Challenger will do the same, so that's $19,000. to the winner of this side Challenge.

This Side Challenge remains good for the duration of this particular Vegas trip.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
MDawg
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June 28th, 2022 at 9:32:14 AM permalink
Day 44 play.

Baccarat.

I was actually down some and as soon as I got back above even, I quit.

+1100

Note: Lately, for security reasons, session reports are not necessarily presented in real time corresponding directly to the day played.



I'm willing to present a side Challenge. If anyone doubts that any one, just any one of the Session reports I present during this trip is not entirely accurate, throw down a red flag! Put up a mere ten grand in cash, let's work out how to verify the Session to your satisfaction using the Wizard as the judge, and winner takes the twenty thousand.

I'll contribute five hundred from my end for the Wizard's time if the Challenger will do the same, so that's $19,000. to the winner of this side Challenge.

This Side Challenge remains good for the duration of this particular Vegas trip.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
AlanMendelson
AlanMendelson
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June 28th, 2022 at 9:43:15 AM permalink
Mr Mdawg I'm sorry but I've become numb to your daily reports. Losing several thousand or tens of thousands and then winning several thousands or tens of thousands or even nearly a quarter million has become non interesting.

Youtubers showing videos of winning $600 are more interesting.
tuttigym
tuttigym
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June 28th, 2022 at 10:10:52 AM permalink
Quote: AlanMendelson

Mr Mdawg I'm sorry but I've become numb to your daily reports. Losing several thousand or tens of thousands and then winning several thousands or tens of thousands or even nearly a quarter million has become non interesting.

Youtubers showing videos of winning $600 are more interesting.
link to original post


Mr. Mendelson: It's a self-esteem thing. I am sure you are in the majority of those expressed sentiments.

Again, MDawg: Are the winnings deposited in an off-shore account or will you be notifying the IRS of your windfall?

tuttigym
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