Quote: CristobalNice profit, MDawg. Can I ask you how many days do you play untill you reach that number and the amount of your unit?
If you don´t want to answer I will understand anyway.
Regards.
link to original post
Hi! Which number?
Quote: DRichQuote: MDawg
The transaction is described so hazily that it is hard to figure what was going on. Just enough details to invite curiosity, but not enough to know what your role was or what was going on.
That may be by design. BTW, who said anything about Vegas?
link to original post
I understand. Same reason I use terms like "some" when approximating time, or don't mention actual casino names until well after the wins, and so on? My reason is just to keep the curious, the unwanted, the meddlesome, from trying to track me down for nefarious purposes.
But...hasn't enough time passed, and wasn't whatever you did entirely legal?
Or, you were a numbers racket runner? 😀
Their checks are not cashier's checks, but are good as gold, I mean once they are issued if they don't make good on them they risk getting shut down by Gaming.
Probably the only thing casinos love more than depositing their issued winning checks with them is your depositing winning checks from another casino with them. Yes, they will phone to verify the check, but now they have that money in play and at risk at their tables. Similarly, casinos where you have won HATE it when you walk with their winnings to go off to another casino.
No matter how good you are, there is always a risk, and casinos gamble on that you will go too far and lose everything in front of you on a bad run. Once you get too far ahead, as I have done on many trips, if you are careful and play with less than you are ahead, they know they can't possibly get back what you are ahead unless you lose multiple sessions. That's why they play little tricks including threatening to temp shut down your credit lines if you cash out too much at a time - they want all that glimmer in action.
Now in my case my credit lines are substantial, but I've actually gotten ahead more than or close to my credit lines on some trips and also gone ahead and cashed out enough chips so that they have temp closed my lines. That's right, I have used their own strategy against them - once a huge line is closed, I can go to the tables with what I please in winning chips, and make it very hard for them to ever get their money back no matter what happens.
I think this was their way of stopping problem gamblers.
In fact after they issued you any kind of check they immediately shut down your credit line till your next visit.
This was their policy five years ago.
Quote: MDawg
But...hasn't enough time passed, and wasn't whatever you did entirely legal?
Or, you were a numbers racket runner? 😀
Yes, what I was doing was completely legal. Yes, a lot of time has passed but I wouldn't want to compromise anyone else that might be doing this. Obviously when that much cash is involved people will do nefarious things.
Quote: DRichQuote: MDawg
But...hasn't enough time passed, and wasn't whatever you did entirely legal?
Or, you were a numbers racket runner? 😀
Yes, what I was doing was completely legal. Yes, a lot of time has passed but I wouldn't want to compromise anyone else that might be doing this. Obviously when that much cash is involved people will do nefarious things.
link to original post
Isnt this what APs always do? They give you half the story then claim executive privilege for not giving you the whole story.
However, I know that a casino will allow re-deposit of its own issued checks because a check issued for winnings is no different from chips won, or chips converted to cash. Here, I deposited just under $400K in winning chips. Obviously, once you cash out for cash, you could come back and re-deposit that cash at the cage. As well, anyone could deposit that casino check in his bank account, and have a cashier's check issued the very next day (at my bank, as long as the deposit is under $250K, any deposited check is cleared the next business day, and if I am depositing it right at the branch, if I want to wait around, they will verify even a casino check over $250K by making a phone call to the casino, and then it will clear with no extra day hold. And any deposit over $250K, at most, takes two business days to clear in my account.).
You mentioned that they will close temporarily your credit line if you get a winning check. The temp closure of a credit line, as I have posted many times, has to do with the amount cashed out - some casinos will temp close for any cash out above 5K, but it depends also on the amount of the win in progress. During times when I have been hundreds of thousands ahead, I have been able to cash out around $10K without its affecting my line. In other words, temp closure of your credit line has to do with the amount cashed out, not the method of cash out, doesn't matter if you cashed out with check or cash.
Three times I hit big royals and took checks.
All three times my credit line was immediately closed until I returned for another trip.
Once I took a $20,000 check for a $5 royal at Caesars and when I tried to cash it the next day I couldn't and when I went to BofA they wanted to put a 3 day hold on it.
That's when I learned to open up an account at the cage to draw on after a big win.
I hate carrying cash on me.
For example, the checks issued by Resorts World Vegas originate in Ohio, which makes them out of state checks for deposit in Nevada, but still, they clear fast.
It's not just that checks are processed electronically these days, because I think that has been going on for a while, but that they are processed electronically fast.
Another little quirk of the casino system - when you present a cashier's check to pay off a marker from a credit line, no verification is done. It is accepted as good instantly. Present the same cashier's check as front money, and they must verify it before releasing the funds for play. The reason I run into this is that on the occasions when I have lost a session and decide to pay it off with a cashier's check, sometimes the cashier is confused and thinks she has to verify it, and I have to remind her that they don't need to do that because I am a credit line player.
The advantage for me anyway to paying off losses with cashier's checks is that then I have a record of the payment.
Quote: AlanMendelsonQuote: DRichQuote: MDawg
But...hasn't enough time passed, and wasn't whatever you did entirely legal?
Or, you were a numbers racket runner? 😀
Yes, what I was doing was completely legal. Yes, a lot of time has passed but I wouldn't want to compromise anyone else that might be doing this. Obviously when that much cash is involved people will do nefarious things.
link to original post
Isnt this what APs always do? They give you half the story then claim executive privilege for not giving you the whole story.
link to original post
If we ever meet in person I will gladly tell you the whole story but I am not putting it online. Besides, there is nothing interesting about it other than a large amount of dollars.
Quote: darkozWhy is MDawg in red?
link to original post
Please see
https://wizardofvegas.com/forum/off-topic/off-topic/34418-mdawgs-investments/35/#post857925
Enjoy the day
End of Trip Hold
Pretty much all of the casinos also have what they call an "end of trip hold" which I don't believe has to do with cashing out too much winnings. Although in my case I almost always am cashing out winnings at the end of the trip, the casinos generally put a hold on every player's credit line at the end of a trip and then reactivate it the next time the player comes in to play.
What exactly is done at this end of trip hold depends on the casino's policy and length of time the player has been away.
At Wynn, the lifting of that hold generally takes minutes, so not much they could be doing there. At Cosmopolitan, they sometimes have to confer with a host, who has the ability to verify your bank account balances on her computer. Also at Cosmo if you've been away for too long (say, three months), they will run your Central Credit to make sure you don't owe any other properties or at least are current with all outstanding marker payments.
But all casinos will do some kind of check, even if just to look at your past in-house payment history with markers pulled, when you return to start a new trip.
I suppose the casinos don't view the money at risk of total loss, which is what they want.
But also, as discussed in this thread, casinos don't want to give comps to what they call a "shot taker" - people who come in to just play one hand and then leave. And this policy might indirectly have to do with why they don't want people playing both sides at once. Sure, long term play on both sides simultaneously results in sure loss of the house edge, but a single wager of say table limit $20,000. by one player on Bank, and the other on Player, results in a cost of anywhere from 0 - 1000, and then one player has a $20K loss to which he would be entitled to $2000. in comps, which, is risking $1000. worth it to get $2000. in comps? maybe to some, but in any case, the casino would not give the comps to someone who placed just that one bet as a "shot taker" perhaps to discourage that sort of simultaneous two side play by related players.
I actually have watched at a Baccarat table where two Asian players who were clearly connected somehow but playing with separate bankrolls were betting about $800. each always on opposing sides. No one said anything, but I suspect that if the casino figured out what was going on they would put a stop to their comps, just the way they do things.
Quote: MDawgAs far as this talk about playing both sides (red/black, Bank/Player, Do/Don't) the casinos discourage that sort of thing, in fact disallow it at most casinos. This has been discussed quite a bit in this thread.
I suppose the casinos don't view the money at risk of total loss, which is what they want.
But also, as discussed in this thread, casinos don't want to give comps to what they call a "shot taker" - people who come in to just play one hand and then leave. And this policy might indirectly have to do with why they don't want people playing both sides at once. Sure, long term play on both sides simultaneously results in sure loss of the house edge, but a single wager of say table limit $20,000. by one player on Bank, and the other on Player, results in a cost of anywhere from 0 - 1000, and then one player has a $20K loss to which he would be entitled to $2000. in comps, which, is risking $1000. worth it to get $2000. in comps? maybe to some, but in any case, the casino would not give the comps to someone who placed just that one bet as a "shot taker" perhaps to discourage that sort of simultaneous two side play by related players.
I actually have watched at a Baccarat table where two Asian players who were clearly connected somehow but playing with separate bankrolls were betting about $800. each always on opposing sides. No one said anything, but I suspect that if the casino figured out what was going on they would put a stop to their comps, just the way they do things.
link to original post
That's why a smart "shot taker" (pssst, we call them AP's) would do that at E-Craps.
And yes, it does work at certain (not all) venues.
So we're talking about the 10% of actual loss comp? let's say the single bet is $20K, the player is not going to be able to lounge in a suite and get free food and a massage all weekend against $2K in comps without a host's approval, no matter what.
As far as using craps in general for the simultaneous opposing sides bets, true you don't have the 5% Bank commission, but what if a 12 is rolled? Now you just lost twenty grand, for real! on your partner's Do bet. And if you have to cover the 12, that's, what $667. you gotta lay out for a def cost? versus a 1000 possible cost in the Bank/Player simultaneous scheme.
Quote: MDawgIf you are talking about getting comps for a single bet, and that's all the action the player puts in, I suppose it would depend on how comps are handed out. If based on some automated algorithm, then the player might get whatever has coming, but if there is any kind of manual review of the matter, casino marketing or a host could override.
So we're talking about the 10% of actual loss comp? let's say the single bet is $20K, the player is not going to be able to lounge in a suite and get free food and a massage all weekend against $2K in comps without a host's approval, no matter what.
As far as using craps in general for the simultaneous opposing sides bets, true you don't have the 5% Bank commission, but what if a 12 is rolled? Now you just lost twenty grand, for real! on your partner's Do bet. And if you have to cover the 12, that's, what $667. you gotta lay out for a def cost? versus a 1000 possible cost in the Bank/Player simultaneous scheme.
link to original post
With an automated algorithm it's hugely profitable.
How you go about it is key and depends on the Casino.
You are making a few assumptions that are incorrect.
I am not certain I feel like correcting you however.
That aside, I have not seen a E-Craps with a $20,000 max bet. Usually they top off at $1000 and often even lower.
EDIT: I am based on the East Coast so maybe it's different out west
We are talking about a one shot bet. So you'd need two people for each shot. And if they are truly shot takers that means they have no prior history at the casino. So in order to test your theory you'd need sets of two who have never played at that casino before, betting 1K on the Do and Don't (and possibly laying out $33. to cover the 12), to get a 10% comp of $100. minus the $33. laid out, or $67.
In all of these scenarios you will be laying out x dollars to get 2x in comps, if you get it.
I don't see how it would be "hugely profitable" even if it is allowed. More like, a couple of people want to spend $67. at the casino restaurant anyway, so they figure let's get that for $33. No different from say, the couple who wants to spend the weekend at Wynn in a suite and burn $2K in comps and are willing to pay for it, so they do the scheme at 20K each opposing sides Bank/Player, and might get the weekend for free if they win on Player, or it costs them $1000. if they win on Bank.
If you're saying that some algo computer is going to kick in to start sending the loser all sorts of free play and offers over losing $1000. at e-craps, that's somepin else. I know that if I didn't play for a year and then went into any of the majors at which I play and lost $1000. in one bet and left, I'd get little or nothing to speak of in the way of offers over that piddling play.
I don't think you have tried this have you.
Quote: MDawg
I don't think you have tried this have you.
link to original post
Are you joking?
Ummmm, yes!
LMAO.
You still don't understand how I could do hundreds of cards a month and turn over $20,000 a week in profits?
Once again you make a lot of bad assumptions.
As you say all the time, I don't gamble in high limit rooms.
You don't gamble at low stakes automated machines.
I have had thousand card operations where all I had to do was one single wager at E-Craps or Baccarat.
That was my whole original claim, that what you are doing must consist of sign up play for new players, and you denied that and said that your operation does not survive whatsoever based on having to keep signing up brand new players.
Are your claims like the ever changing willow in the wind? 😣
Again, you haven't even thought out what you are saying, which is why I don't take you seriously.
Before I post anything, I make certain that I know what I am talking about. And that inane reference to the $20,000. a week does nothing for your credibility.
Quote: MDawgNo, you haven't done this before because you claim that you do not use brand new players. These "shot takers" would have to be brand new players who have never been in the casino before.
That was my whole original claim, that what you are doing must consist of sign up play for new players, and you denied that and said that your operation does not survive whatsoever based on having to keep signing up brand new players.
Are your claims like the ever changing willow in the wind? 😣
Again, you haven't even thought out what you are saying, which is why I don't take you seriously.
Before I post anything, I make certain that I know what I am talking about. And that inane reference to the $20,000. a week does nothing for your credibility.
link to original post
Lol, you don't need brand new players.
You originally stated I must be getting freeplay by signing up new members for their sign-ups bonus which is completely ridiculous!
Worse, you exhibit a lack of understanding about how Casinos calculate ADT by the comments above.
Of course I am always adding new people but not for their sign up bonuses. I simply expand my business by adding more and more cards
However thanks for calling me a liar.
You just got suspended. You certain you want to claim that what I posted about my operations is a fabrication?
And yes, I do not believe that you have much personal experience with what such a shot taker might or might not be able to gain with comps.
In any case, getting back to matters that matter at least some (unlike wasting time debating with the someone I don't believe knows what he is talking about), I've been experimenting with different types of Wagyu domestic steaks, at home.
This is one that I overcooked a tad, but turned out well. When it comes to steaks, I handle the cooking myself unless I'm not at all in the mood, and then I let someone else handle it.
With New York style domestic wagyu though, they really need to have a lot of marbled fat in them to overcome their leanness. I haven't yet found a match for this one at SW.
Quote: MDawgA "shot taker" is a brand new player who walks into the casino to take a shot, places one large table games bet, and then leaves without any further play.
link to original post
If you do "shot taking" with hundreds of cards that is an AP move.
I wouldn't call that shot taking. I call it a systematic attack of a weakness in a particular Casinos comps system.
It doesn't work everywhere.
It's funny you make claims like you won a quarter million in a single day but $20,000 a week sounds too fantastic for you. If you can't believe someone makes $20,000 a week at the casino (although not every week) then it's probably because your claims are also fantastic and you know you aren't really winning like you claim.
At any rate I tried to help you understand how ADT systems can be taken advantage of.
If you refuse to learn that's your bad, not mine.
"The Nile is the longest river in Africa and the second in length of all the rivers of the globe. Although falling short of the length of the Mississippi-Missouri, the Nile is at the head of all rivers as regards the length of its basin, which extends through 35 degrees of latitude …"
At breakfast the next morning, "Tommy," some one says, "do you know which is the longest river in Africa?" A shaking of the head. "But don't you remember something that begins: The Nile is the …"
"The - Nile - is - the - longest - river - in - Africa - and - the - second - in - length - of - all - the - rivers - of - the - globe …" The words come rushing out. "Although - falling - short - of …"
"Well now, which is the longest river in Africa?"
The eyes are blank. "I don't know."
"But the Nile, Tommy."
"The - Nile - is - the - longest - river - in - Africa - and - second …"
"Then which river is the longest, Tommy?"
Tommy burst into tears. "I don't know," he howls.)
Quote: MDawg(A small boy asleep on his right side, the right arm stuck out, the right hand hanging limp over the edge of the bed. Through a round grating in the side of a box a voice speaks softly.
"The Nile is the longest river in Africa and the second in length of all the rivers of the globe. Although falling short of the length of the Mississippi-Missouri, the Nile is at the head of all rivers as regards the length of its basin, which extends through 35 degrees of latitude …"
At breakfast the next morning, "Tommy," some one says, "do you know which is the longest river in Africa?" A shaking of the head. "But don't you remember something that begins: The Nile is the …"
"The - Nile - is - the - longest - river - in - Africa - and - the - second - in - length - of - all - the - rivers - of - the - globe …" The words come rushing out. "Although - falling - short - of …"
"Well now, which is the longest river in Africa?"
The eyes are blank. "I don't know."
"But the Nile, Tommy."
"The - Nile - is - the - longest - river - in - Africa - and - second …"
"Then which river is the longest, Tommy?"
Tommy burst into tears. "I don't know," he howls.)
link to original post
Yeesh!
Are those your memories of childhood?
No wonder!
which although coveted, may tend to be overpowering in the marbling arena.
But then, turns out by cashing it I became eligible to receive another thirty dollars, which is at least worth printing up, to mobile deposit!
Quote: MDawgTypically these class actions aren't even worth signing up for. When the first check arrived for 3.06 I forgot about it and wasn't even going to bother cashing it because we were in Vegas and I didn't have access to a printer. I got someone to deal with it.
But then, turns out by cashing it I became eligible to receive another thirty dollars, which is at least worth printing up, to mobile deposit!
link to original post
From being excited about quarter million dollars won in an afternoon at Baccarat to excited about $3 06!
Quote: darkozQuote: MDawgTypically these class actions aren't even worth signing up for. When the first check arrived for 3.06 I forgot about it and wasn't even going to bother cashing it because we were in Vegas and I didn't have access to a printer. I got someone to deal with it.
But then, turns out by cashing it I became eligible to receive another thirty dollars, which is at least worth printing up, to mobile deposit!
link to original post
From being excited about quarter million dollars won in an afternoon at Baccarat to excited about $3 06!
link to original post
I am like that as well. Up high $$,$$$ today in stock market. Possibly $$$,$$$. But made $190 yesterday in +EV on line sports bets. The stock money is basically random. I ‘worked’ for the $190. Thus that feels much better!
This says something about how many people must be accessing emails solely on their smart phones - because that sort of access doesn't always lend itself to being able to print out the e-check, which was a condition precedent to being able to cash it. My wife actually does have the ability to print set up via her iPads but I'm old school and print only from my iMacs or MacBook Pros.
Anyway, the first time I've been able to double dip into a class action settlement as a claim member.
https://www.10best.com/awards/travel/best-las-vegas-casino/
Your post indicate a significant lack of knowledge when it comes to actual Advantage Play. DarkOz is absolutely correct when it comes to opportunities where -Tables can (Not all of them) generate significant amounts of +EV free play For both new members and old members.Quote: MDawgNo, you haven't done this before because you claim that you do not use brand new players. These "shot takers" would have to be brand new players who have never been in the casino before.
That was my whole original claim, that what you are doing must consist of sign up play for new players, and you denied that and said that your operation does not survive whatsoever based on having to keep signing up brand new players.
Are your claims like the ever changing willow in the wind? 😣
Again, you haven't even thought out what you are saying, which is why I don't take you seriously.
Before I post anything, I make certain that I know what I am talking about. And that inane reference to the $20,000. a week does nothing for your credibility.
link to original post
A few years back there was a situation (IN THE PIT)on E-Tables where A risk/variance-free $50-$100 in actual losses generated RFB +12-15k in free play and gift cards.
I have been AP'ing E-Tables since the first one I ever saw (At the Holy Cow)in Vegas back in the '90s. Who doesn't like risk-free easy money?
Quote: MDawgNo, you haven't done this before because you claim ...
Are your claims like the ever changing willow in the wind? 😣
And that inane reference to the $20,000. a week does nothing for your credibility.
link to original post
MDawg,
Please lose the attitude.Wizard has recently set the bar for personal insults penalties, and this sort of contribution comes close.
If anyone responded to any of your posts with "No you haven't" then you'd possibly protest that that is tantamount to calling you a liar.
'Inane reference': We could say that you are attacking the reference, but I see it as you calling the poster inane.
If you don't believe DarkOz's claims, suck it up like those members that do not believe your claims also have to suck it up.
Quote: darkozHowever thanks for calling me a liar.
You just got suspended. You certain you want to claim that what I posted about my operations is a fabrication?
link to original post
No Penalty. But lets be courteous even where we disagree.
Quote: AxelWolf
I have been AP'ing E-Tables since the first one I ever saw (At the Holy Cow)in Vegas back in the '90s. Who doesn't like risk-free easy money?
Wow!! The Holy Cow. That is a name I haven't thought of in 15 years.
Quote: AlanMendelsonI would just like to announce that I win $100,000 a week but not every week.
link to original post
My best net was $80,000 a day on video poker, but not every day.
Quote: DRichQuote: AlanMendelsonI would just like to announce that I win $100,000 a week but not every week.
link to original post
My best net was $80,000 a day on video poker, but not every day.
link to original post
I won $22.00 betting on horses last week
.
Quote: AlanMendelsonI would just like to announce that I win $100,000 a week but not every week.
link to original post
I won $100,000 in half an hour when I max bet 18 yo's in a row.
How many people in this world claim to witness 18 yo's in a row?
How many people in this world claiim to make as much as a quarter million in a single session of Baccarat and stay comped for as much as fifty two days in the same location?
Answer those three questions and you start to see a bit of irony.
What we have from others in the way of backup, mostly just talk, no?
If the Pope of Las Vegas doesn't know what's up, who does?
]
I don’t understand why we are talking about this stuff in public again. There really is no upside explaining in detail the play you guys are discussing. I’ve already been to shops where half the players sitting at these games are APs. It’s already on the way out so let’s enjoy the few months we have left. Yes we are all worth many millions but why keep educating the other side ? Just to win an argument on a message board ? Yeah that seems -ev to me
Quote: MDawgWell as you know I don't get into details as to what exactly I do, I just provide the backup for the end results.
link to original post
Lol, Seedvalue was almost certainly talking to me, not you.
Quote: MDawgExactly, but SeedValue knows I am legitimate. And know how to keep my mouth shut when it suits me.
link to original post
Or if you have nothing proper to say in the methods of AP, then the wisest choice is to be silent.
Quote: darkozQuote: AlanMendelsonI would just like to announce that I win $100,000 a week but not every week.
link to original post
I won $100,000 in half an hour when I max bet 18 yo's in a row.
link to original post
This is the comment of a troll.
My comment about winning $100,000 is to make a point. Yes, I've hit three $100k royals in my life and I have the photos and W2Gs to prove them.
But I would never refer to myself as someone who wins $100k per week but not every week.
Comments like I win $20k a week but not every week are offensive unless "but not every week" means the four weeks a year you have vacation.
I think the forum would agree with me.
You should use a different phrase. Maybe you should use a more accurate phrase to discuss your success.
Perhaps you could say "I had 22 weeks last year when I won $20k or more" or "on my best weeks I've won $20k or more."
It would be disingenuous for me to say I've won $100k per week but not every week.
Quote: AlanMendelsonQuote: darkozQuote: AlanMendelsonI would just like to announce that I win $100,000 a week but not every week.
link to original post
I won $100,000 in half an hour when I max bet 18 yo's in a row.
link to original post
This is the comment of a troll.
My comment about winning $100,000 is to make a point. Yes, I've hit three $100k royals in my life and I have the photos and W2Gs to prove them.
But I would never refer to myself as someone who wins $100k per week but not every week.
Comments like I win $20k a week but not every week are offensive unless "but not every week" means the four weeks a year you have vacation.
I think the forum would agree with me.
You should use a different phrase. Maybe you should use a more accurate phrase to discuss your success.
Perhaps you could say "I had 22 weeks last year when I won $20k or more" or "on my best weeks I've won $20k or more."
It would be disingenuous for me to say I've won $100k per week but not every week.
link to original post
I had 22 weeks last year where I won $20,000 or more so last year I made $20,000 a week but not every week of the year.
My friend last year made $18 an hour. But not every hour!
I heard at one time Brad Pitt made $20 million dollars a picture but not every picture.
The fact that people can't get around my statement shows how sad the state of the world is today.
That statement simply goes hand in hand with hyperbole.