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chaunceyb3
chaunceyb3
Joined: Feb 22, 2013
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January 24th, 2015 at 3:05:29 PM permalink
I just finished the trip report write-up on my blog.

http://wizardofvegas.com/member/chaunceyb3/blog/#post1134

tl;dr- I had $250,000 in equity in a Monopoly Millionaire promotion at the Rio All-Suite Hotel & Casino, but was forced to gamble in a winner-take-all situation for $1,000,000!
Actuarial
Actuarial
Joined: Apr 23, 2014
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January 25th, 2015 at 1:14:44 PM permalink
Damn, that kinda sucks that they didn't allow some kind of equity chop, although I'm sure 4x $250k doesn't sound as good to the marketing dept as 1x $1m.
tringlomane
tringlomane
Joined: Aug 25, 2012
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January 25th, 2015 at 3:48:03 PM permalink
Yeah definitely unfortunate you didn't get it. I probably rather be knocked in an early round if I wasn't going to win.

Nice find in the high limit room. Good to know they have that game there too.
sodawater
sodawater
Joined: May 14, 2012
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January 25th, 2015 at 4:05:31 PM permalink
How did tiles at the Bellagio go?
chaunceyb3
chaunceyb3
Joined: Feb 22, 2013
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January 25th, 2015 at 4:43:35 PM permalink
Quote: sodawater

How did tiles at the Bellagio go?



It was fun! I played about 30 minutes, banking every other hand. You can bank for 110% of your last bet. Won or pushed every hand for about 10 rounds, then decided to book the win. One of those rare undefeated sessions!
sodawater
sodawater
Joined: May 14, 2012
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January 25th, 2015 at 4:46:16 PM permalink
Quote: chaunceyb3

It was fun! I played about 30 minutes, banking every other hand. You can bank for 110% of your last bet. Won or pushed every hand for about 10 rounds, then decided to book the win. One of those rare undefeated sessions!



dream session. 110% bank i am so jealous
beachbumbabs
Administrator
beachbumbabs
Joined: May 21, 2013
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January 25th, 2015 at 5:20:22 PM permalink
Yeah, kind of a glass-half-full situation, Chauncey, right? They paid for you to attend the finale, gave you 10K, gave you a big time all weekend, and you almost won, so IMO not a lose, but hard to see past being so close to the million you could taste it. Especially cruel (bad karma) when you have to decide publicly how you're going to spend it before you win it. I get why they put you on the spot, but that doesn't change making the loss harder. At that point, in your head, it is a loss, not a non-win.
If the House lost every hand, they wouldn't deal the game.
djatc
djatc
Joined: Jan 15, 2013
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January 25th, 2015 at 5:29:10 PM permalink
How would one make a deal in this situation? Escrow? Lawyers on retainer?

Congrats on the $10k!
"Man Babes" #AxelFabulous
Venthus
Venthus
Joined: Dec 10, 2012
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January 25th, 2015 at 7:03:41 PM permalink
Quote: djatc

How would one make a deal in this situation? Escrow? Lawyers on retainer?



When they ask you what you'll do with it if you win, openly and boldly declare that you'll share some amount if it with anybody else that makes the same declaration.

No actual protection, but it'll be fun to watch the awkwardness if they want to welch.
MidwestAP
MidwestAP
Joined: Feb 19, 2012
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January 25th, 2015 at 7:26:51 PM permalink
Thanks for sharing Chauncy, congrats! I don't know too many people (actually none now that I think about), that had a 1 in 4 chance of winning a cool $1M. What a thrill that had to be!

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