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Marcusclark66
Marcusclark66
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January 15th, 2022 at 6:48:51 PM permalink
Just thought I would put it out there.

Most of all, should I concentrate on building larger bankrolls for baccarat and blackjack, or should I remove $13,500.00 from the baccarat bankroll and maintain it at $100,000.00 or what?

Currently my baccarat bankroll is $113,500.00.

Currently my blackjack bankroll is $45,000.00.

Thanks,
Marcus Clark AKA Marcusclark66
Marcus Clark. Real Person; AKA MarcusClark66. *Professional Casino Security Expert. *Certified EMT *Certified Company Firearms Instructor. *Certified Gaming Regulations Interpreter for Corporate Applications. *Domestic UrbanTactical Combat Casualty Expert. *Tic-Tac-Toe Expert (Real Competitive Versions) & Mastering Chess. *Honorary & Official #1 Fan of the MDawg Adventures Club. *Mastering Cracking it. Bit-by-Bit, Piece-by-Piece Crediting Forum Members. *Certified Casino Property Entry & Exit Point Analyzer *Baccarat Winning Session Record: 12 out of 12 & 1 out of 1 Mini Session. Baccarat Losing Session Record: 2 Losing Sessions.
ChumpChange
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January 15th, 2022 at 6:54:31 PM permalink
Depends what you're betting. I'd be turning $10K sessions into $100K. But at $120K (above $100K), I'd probably up that to turning $20K sessions into $200K.
Deucekies
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January 15th, 2022 at 9:53:09 PM permalink
Bet it all on banker.
Casinos are not your friends, they want your money. But so does Disneyland. And there is no chance in hell that you will go to Disneyland and come back with more money than you went with. - AxelWolf and Mickeycrimm
Marcusclark66
Marcusclark66
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January 15th, 2022 at 9:59:38 PM permalink
Quote: Deucekies

Bet it all on banker.
link to original post



An old, old, old Chinese man gave me the answer to that one.
Marcus Clark. Real Person; AKA MarcusClark66. *Professional Casino Security Expert. *Certified EMT *Certified Company Firearms Instructor. *Certified Gaming Regulations Interpreter for Corporate Applications. *Domestic UrbanTactical Combat Casualty Expert. *Tic-Tac-Toe Expert (Real Competitive Versions) & Mastering Chess. *Honorary & Official #1 Fan of the MDawg Adventures Club. *Mastering Cracking it. Bit-by-Bit, Piece-by-Piece Crediting Forum Members. *Certified Casino Property Entry & Exit Point Analyzer *Baccarat Winning Session Record: 12 out of 12 & 1 out of 1 Mini Session. Baccarat Losing Session Record: 2 Losing Sessions.
heatmap
heatmap
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Johnzimbo
January 15th, 2022 at 10:32:02 PM permalink
Quote: Marcusclark66

Quote: Deucekies

Bet it all on banker.
link to original post



An old, old, old Chinese man gave me the answer to that one.
link to original post



now we know mdawg is old and chinese!
SOOPOO
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January 16th, 2022 at 4:50:17 AM permalink
Quote: Marcusclark66

Just thought I would put it out there.

Most of all, should I concentrate on building larger bankrolls for baccarat and blackjack, or should I remove $13,500.00 from the baccarat bankroll and maintain it at $100,000.00 or what?

Currently my baccarat bankroll is $113,500.00.

Currently my blackjack bankroll is $45,000.00.

Thanks,
Marcus Clark AKA Marcusclark66
link to original post



What does ‘bankroll’ actually mean to you? If you lose the $113500 playing baccarat is that the end of you playing baccarat? Or does money move from a different account so you start playing again?

But to simply answer your question, when playing a -EV game, the answer is yes, remove the $13,500. By ‘removing’ it, that just means it goes to some bank account where it will NEVER be used for gambling, correct?
AlanMendelson
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January 16th, 2022 at 6:50:37 AM permalink
Any bank account paying 1% interest would be better than all of your casino trips.
Marcusclark66
Marcusclark66
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January 16th, 2022 at 7:08:38 AM permalink
Quote: AlanMendelson

Any bank account paying 1% interest would be better than all of your casino trips.
link to original post



I have put a good amount of winnings previously into both, 529 accounts as well as specialized financial accounts paying a much greater yield than 1%.
Marcus Clark. Real Person; AKA MarcusClark66. *Professional Casino Security Expert. *Certified EMT *Certified Company Firearms Instructor. *Certified Gaming Regulations Interpreter for Corporate Applications. *Domestic UrbanTactical Combat Casualty Expert. *Tic-Tac-Toe Expert (Real Competitive Versions) & Mastering Chess. *Honorary & Official #1 Fan of the MDawg Adventures Club. *Mastering Cracking it. Bit-by-Bit, Piece-by-Piece Crediting Forum Members. *Certified Casino Property Entry & Exit Point Analyzer *Baccarat Winning Session Record: 12 out of 12 & 1 out of 1 Mini Session. Baccarat Losing Session Record: 2 Losing Sessions.
Marcusclark66
Marcusclark66
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January 16th, 2022 at 7:14:37 AM permalink
Quote: SOOPOO

Quote: Marcusclark66

Just thought I would put it out there.

Most of all, should I concentrate on building larger bankrolls for baccarat and blackjack, or should I remove $13,500.00 from the baccarat bankroll and maintain it at $100,000.00 or what?

Currently my baccarat bankroll is $113,500.00.

Currently my blackjack bankroll is $45,000.00.

Thanks,
Marcus Clark AKA Marcusclark66
link to original post



What does ‘bankroll’ actually mean to you? If you lose the $113500 playing baccarat is that the end of you playing baccarat? Or does money move from a different account so you start playing again?

But to simply answer your question, when playing a -EV game, the answer is yes, remove the $13,500. By ‘removing’ it, that just means it goes to some bank account where it will NEVER be used for gambling, correct?
link to original post



What does bankroll mean to me? It means those are my available funds to play and drawdown on. I use a very little percentage each session and if I was not successful in the session, I rethink the return as well as a second drawdown factor. As far as stopping, I honestly cannot tell you at this time.

As far as removing funds from my bankroll. I do not and have not ever used those to gamble or chase lost funds. Also I have removed or never added plenty of winnings to my bankrolls, in excess of $100,000.00 and used for other purposes, savings, investments, 529 accounts, shopping, etc.
Marcus Clark. Real Person; AKA MarcusClark66. *Professional Casino Security Expert. *Certified EMT *Certified Company Firearms Instructor. *Certified Gaming Regulations Interpreter for Corporate Applications. *Domestic UrbanTactical Combat Casualty Expert. *Tic-Tac-Toe Expert (Real Competitive Versions) & Mastering Chess. *Honorary & Official #1 Fan of the MDawg Adventures Club. *Mastering Cracking it. Bit-by-Bit, Piece-by-Piece Crediting Forum Members. *Certified Casino Property Entry & Exit Point Analyzer *Baccarat Winning Session Record: 12 out of 12 & 1 out of 1 Mini Session. Baccarat Losing Session Record: 2 Losing Sessions.
billryan
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January 16th, 2022 at 8:13:27 AM permalink
I'm going to assume you have $15,000-$25,000 already hidden in your car in a bug-out bag.
The next thing to do is put $50,000-$100,000 into a ransom bag and let someone you trust know where it is. With all the information you've revealed about yourself, it's just a matter of time until internet pirates come after you or your loved ones. You need to have the ransom handy.
After you have taken care of those two, and only afterward, you should be setting up a pad for your goomah. Now that you are beginning to get into the right circles, no more illicit meetings in parking garages and cheap hotel rooms. Do the right thing. You can tell an awful lot about a man by how they treat their side pieces.
The difference between fiction and reality is that fiction is supposed to make sense.
OnceDear
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January 16th, 2022 at 9:12:56 AM permalink
Quote: billryan

I'm going to assume you have $15,000-$25,000 already hidden in your car in a bug-out bag.
The next thing to do is put $50,000-$100,000 into a ransom bag and let someone you trust know where it is. With all the information you've revealed about yourself, it's just a matter of time until internet pirates come after you or your loved ones. You need to have the ransom handy.
After you have taken care of those two, and only afterward, you should be setting up a pad for your goomah. Now that you are beginning to get into the right circles, no more illicit meetings in parking garages and cheap hotel rooms. Do the right thing. You can tell an awful lot about a man by how they treat their side pieces.
link to original post

Thanks, Bill for teaching me a new word.
https://www.yourdictionary.com/goomah

Was that an insult, to imply that Marcus is mafioso and has a mistress? Or was it light hearted banter between friends?

I doubt that Marcus has revealed anything to identify himself. He's just another anonymous poster on a forum. I'm happy to be corrected.

Meanwhile to answer Marcus's question.

$;o)
Retain $100 from bankroll, with which to easily make your next $100k at baccarat.

$;o)
Boardwalk? Park Place? and put hotels on them? Buy the two utilities and the four railway stations?

To all, please accept my apologies for moving this thread up the recent threads list. I'm not the only [insert pejorative pronoun] to do so and I doubt I'll be the last.
Last edited by: OnceDear on Jan 16, 2022
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
Marcusclark66
Marcusclark66
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January 16th, 2022 at 9:58:40 AM permalink
Quote: OnceDear

Quote: billryan

I'm going to assume you have $15,000-$25,000 already hidden in your car in a bug-out bag.
The next thing to do is put $50,000-$100,000 into a ransom bag and let someone you trust know where it is. With all the information you've revealed about yourself, it's just a matter of time until internet pirates come after you or your loved ones. You need to have the ransom handy.
After you have taken care of those two, and only afterward, you should be setting up a pad for your goomah. Now that you are beginning to get into the right circles, no more illicit meetings in parking garages and cheap hotel rooms. Do the right thing. You can tell an awful lot about a man by how they treat their side pieces.
link to original post

Thanks, Bill for teaching me a new word.
https://www.yourdictionary.com/goomah

Was that an insult, to imply that Marcus is mafioso and has a mistress? Or was it light hearted banter between friends?

I doubt that Marcus has revealed anything to identify himself. He's just another anonymous poster on a forum. I'm happy to be corrected.

Meanwhile to answer Marcus's question.

$;o)
Retain $100 from bankroll, with which to easily make your next $100k at baccarat.

$;o)
Boardwalk? Park Place? and put hotels on them? Buy the two utilities and the four railway stations?

To all, please accept my apologies for moving this thread up the recent threads list. I'm not the only [insert pejorative pronoun] to do so and I doubt I'll be the last.
link to original post



Oh NO! No insult complaints or charges for Billryan at all being lodged by myself. (Side Note to be fair thou. I have been suspended for similar and as well, I have had a few breaks for innocent innuendos…..).

I do not relate to the monopoly suggestions. However, I do like the ‘Operation’ game and would love to bet on removing body parts.

Hugs and Go Chiefs!
Marcus Clark AKA Marcusclark66


Operation.

Last edited by: Marcusclark66 on Jan 16, 2022
Marcus Clark. Real Person; AKA MarcusClark66. *Professional Casino Security Expert. *Certified EMT *Certified Company Firearms Instructor. *Certified Gaming Regulations Interpreter for Corporate Applications. *Domestic UrbanTactical Combat Casualty Expert. *Tic-Tac-Toe Expert (Real Competitive Versions) & Mastering Chess. *Honorary & Official #1 Fan of the MDawg Adventures Club. *Mastering Cracking it. Bit-by-Bit, Piece-by-Piece Crediting Forum Members. *Certified Casino Property Entry & Exit Point Analyzer *Baccarat Winning Session Record: 12 out of 12 & 1 out of 1 Mini Session. Baccarat Losing Session Record: 2 Losing Sessions.
Marcusclark66
Marcusclark66
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January 16th, 2022 at 10:51:49 AM permalink
Quote: billryan

I'm going to assume you have $15,000-$25,000 already hidden in your car in a bug-out bag.
The next thing to do is put $50,000-$100,000 into a ransom bag and let someone you trust know where it is. With all the information you've revealed about yourself, it's just a matter of time until internet pirates come after you or your loved ones. You need to have the ransom handy.
After you have taken care of those two, and only afterward, you should be setting up a pad for your goomah. Now that you are beginning to get into the right circles, no more illicit meetings in parking garages and cheap hotel rooms. Do the right thing. You can tell an awful lot about a man by how they treat their side pieces.
link to original post



I'm going to assume you have $15,000-$25,000 already hidden in your car in a bug-out bag.

(I have a ‘spur of the moment ‘ bag in my car, but it’s for gambling.)

The next thing to do is put $50,000-$100,000 into a ransom bag and let someone you trust know where it is. With all the information you've revealed about yourself, it's just a matter of time until internet pirates come after you or your loved ones. You need to have the ransom handy.

(Funny you mention the Italian lingo, slang and use of pirates, etc. here is one of my favorite movie scenes that replicates my attitude, personality and every day life especially when there is a need to get involved.)

https://m.youtube.com/watch?v=6iz7k_tIdEY

(And as far as the pirates and other wanna be kidnapping gangsters go, I take extreme pride being a certified firearms instructor and an a superior expert rapid firing level. I am always strapped up with two pieces, one in the small of my back and the other one holstered.)

(Another favorite movie scene of mine. Easily done at my level, I might add.)

https://m.youtube.com/watch?v=3aSdLAndoJU

After you have taken care of those two, and only afterward, you should be setting up a pad for your goomah. Now that you are beginning to get into the right circles, no more illicit meetings in parking garages and cheap hotel rooms. Do the right thing. You can tell an awful lot about a man by how they treat their side pieces.

(Personally I do take offense to your insinuation that I have girlfriends or mistresses on the side. Since you brought it up, I will add that I love my wife and always have and I’ve been true to her in every way, since we were faithfully joined many years ago. Other females do nothing for me and only my wife can press my buttons and turn me on in passionate ways. And it will always be that way. I might say the 2 bankrolls I have developed and the things I have been able to purchase as well as the funds I’ve been able to set aside, has additionally added extreme enhancement between my wife and myself. Other than that, I don’t give a flying F about anyone having their ‘side pieces’ as all that does is cheapen their own ability to be a real man and live up to their real responsibilities that they pledged themselves to.)

(And as Riggs said, when he reeled in that face target at the range for Rodger to get a look at, “have a nice day”!)
Marcus Clark. Real Person; AKA MarcusClark66. *Professional Casino Security Expert. *Certified EMT *Certified Company Firearms Instructor. *Certified Gaming Regulations Interpreter for Corporate Applications. *Domestic UrbanTactical Combat Casualty Expert. *Tic-Tac-Toe Expert (Real Competitive Versions) & Mastering Chess. *Honorary & Official #1 Fan of the MDawg Adventures Club. *Mastering Cracking it. Bit-by-Bit, Piece-by-Piece Crediting Forum Members. *Certified Casino Property Entry & Exit Point Analyzer *Baccarat Winning Session Record: 12 out of 12 & 1 out of 1 Mini Session. Baccarat Losing Session Record: 2 Losing Sessions.
billryan
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January 16th, 2022 at 11:13:06 AM permalink
It's strange how different words mean different things to various people. Sometimes it might be a regional thing, other times it's an occupational hazard. I was recently on a conference call when someone referred to a fugazi situation. Now that isn't a word I think I've ever used but I think most New Yorkers would recognize it as meaning something was fake. I thought it was a very inappropriate word to use for the situation but realizing words don't mean the same thing to all who hear them, I decided to google it, and to my surprise, today's military has adopted it as an acronym.
The difference between fiction and reality is that fiction is supposed to make sense.
Marcusclark66
Marcusclark66
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January 16th, 2022 at 11:27:16 AM permalink
Quote: billryan

It's strange how different words mean different things to various people. Sometimes it might be a regional thing, other times it's an occupational hazard. I was recently on a conference call when someone referred to a fugazi situation. Now that isn't a word I think I've ever used but I think most New Yorkers would recognize it as meaning something was fake. I thought it was a very inappropriate word to use for the situation but realizing words don't mean the same thing to all who hear them, I decided to google it, and to my surprise, today's military has adopted it as an acronym.
link to original post



Oh I see, but you did specifically implied I had relationships outside of my marriage.

What you said, “ you should be setting up a pad for your goomah. Now that you are beginning to get into the right circles, no more illicit meetings in parking garages and cheap hotel rooms. Do the right thing.”

But hey, I am not lodging a complaint against you.
Marcus Clark. Real Person; AKA MarcusClark66. *Professional Casino Security Expert. *Certified EMT *Certified Company Firearms Instructor. *Certified Gaming Regulations Interpreter for Corporate Applications. *Domestic UrbanTactical Combat Casualty Expert. *Tic-Tac-Toe Expert (Real Competitive Versions) & Mastering Chess. *Honorary & Official #1 Fan of the MDawg Adventures Club. *Mastering Cracking it. Bit-by-Bit, Piece-by-Piece Crediting Forum Members. *Certified Casino Property Entry & Exit Point Analyzer *Baccarat Winning Session Record: 12 out of 12 & 1 out of 1 Mini Session. Baccarat Losing Session Record: 2 Losing Sessions.
OnceDear
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January 16th, 2022 at 11:49:43 AM permalink
Quote: billryan

It's strange how different words mean different things to various people. Sometimes it might be a regional thing, other times it's an occupational hazard. I was recently on a conference call when someone referred to a fugazi situation. Now that isn't a word I think I've ever used but I think most New Yorkers would recognize it as meaning something was fake. I thought it was a very inappropriate word to use for the situation but realizing words don't mean the same thing to all who hear them, I decided to google it, and to my surprise, today's military has adopted it as an acronym.
link to original post


Thanks again. A word, new to me with two entirely different meanings

https://www.urbandictionary.com/define.php?term=Fugaze%2FFugazi

https://www.urbandictionary.com/define.php?term=fugazi
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
Marcusclark66
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January 16th, 2022 at 12:07:22 PM permalink
Great point.

gabagool looked up in the Urban dictionary I found the following.

The americanized version of the Italian word "Capicola" made popular by Tony Soprano and other ignorant 2nd & 3rd generation Italo-Americans who have forgotten how to speak italian properly.
Capicola is a spicy deli meat similar to ham or salami.

gabagool

Italian-American slang word for a Southern Italian vagina.
Man, I gotta get me some of dat gabagool! The spicier the bettah!

So yesterday my assistant whom is of Italian American decent, says “ man I’m heading out for some gabagool, I thought he was referring to going to an Italian deli in the shopping plaza nearby.
Marcus Clark. Real Person; AKA MarcusClark66. *Professional Casino Security Expert. *Certified EMT *Certified Company Firearms Instructor. *Certified Gaming Regulations Interpreter for Corporate Applications. *Domestic UrbanTactical Combat Casualty Expert. *Tic-Tac-Toe Expert (Real Competitive Versions) & Mastering Chess. *Honorary & Official #1 Fan of the MDawg Adventures Club. *Mastering Cracking it. Bit-by-Bit, Piece-by-Piece Crediting Forum Members. *Certified Casino Property Entry & Exit Point Analyzer *Baccarat Winning Session Record: 12 out of 12 & 1 out of 1 Mini Session. Baccarat Losing Session Record: 2 Losing Sessions.
billryan
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January 16th, 2022 at 12:14:50 PM permalink
I'd never heard the military backronym before, although it supposedly dates back to the 1960s. It wasn't in use when I was in.
In the early 80s, Fugazy was usually used to denote a cheap knockoff. Bill Fugazy had a cut-rate car service that pushed living the dream for pennies on the dollar. Eventually, he was exposed as a complete fraud and the term morphed from meaning a cheap knock-off to a complete fake, or even something that exists only in one's mind and the accepted spelling seems to have changed. People use fugazi instead of fugazy, perhaps out of respect for Bill's two sons, both of whom inherited their fathers legendary temper. I imagine it must suck to have your family name devolve into a term of derision. Their grandfather started the first bank in NY that catered Italian immigrants and came up with the idea to lease pushcarts to fruit and vegetable vendors who lacked the means to purchase them. Bill Fugazy was a grand high poombah in the Knights of Columbus and on the Board of many a charity before he was exposed as a fraud.
Perhaps we should have a word of the day thread.

Anyways, getting back to the subject of the thread, the OP hasn't mentioned putting any of his bankroll aside for taxes, but I'm sure that was just an oversight.
The difference between fiction and reality is that fiction is supposed to make sense.
Marcusclark66
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January 16th, 2022 at 10:13:25 PM permalink
Dedicated to OnceDear.

(Lots of ‘new words’ in the clip)!!

https://m.youtube.com/watch?v=q5_V9RT8aR8
Marcus Clark. Real Person; AKA MarcusClark66. *Professional Casino Security Expert. *Certified EMT *Certified Company Firearms Instructor. *Certified Gaming Regulations Interpreter for Corporate Applications. *Domestic UrbanTactical Combat Casualty Expert. *Tic-Tac-Toe Expert (Real Competitive Versions) & Mastering Chess. *Honorary & Official #1 Fan of the MDawg Adventures Club. *Mastering Cracking it. Bit-by-Bit, Piece-by-Piece Crediting Forum Members. *Certified Casino Property Entry & Exit Point Analyzer *Baccarat Winning Session Record: 12 out of 12 & 1 out of 1 Mini Session. Baccarat Losing Session Record: 2 Losing Sessions.
Marcusclark66
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January 16th, 2022 at 10:42:51 PM permalink
OnceDear here are a few others ref NYC for you to fill in. You know, just in case of further innuendos.

https://m.youtube.com/watch?v=z0NaRfT4UyY
Marcus Clark. Real Person; AKA MarcusClark66. *Professional Casino Security Expert. *Certified EMT *Certified Company Firearms Instructor. *Certified Gaming Regulations Interpreter for Corporate Applications. *Domestic UrbanTactical Combat Casualty Expert. *Tic-Tac-Toe Expert (Real Competitive Versions) & Mastering Chess. *Honorary & Official #1 Fan of the MDawg Adventures Club. *Mastering Cracking it. Bit-by-Bit, Piece-by-Piece Crediting Forum Members. *Certified Casino Property Entry & Exit Point Analyzer *Baccarat Winning Session Record: 12 out of 12 & 1 out of 1 Mini Session. Baccarat Losing Session Record: 2 Losing Sessions.
Marcusclark66
Marcusclark66
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January 17th, 2022 at 4:26:56 AM permalink
Quote: billryan

I'd never heard the military backronym before, although it supposedly dates back to the 1960s. It wasn't in use when I was in.
In the early 80s, Fugazy was usually used to denote a cheap knockoff. Bill Fugazy had a cut-rate car service that pushed living the dream for pennies on the dollar. Eventually, he was exposed as a complete fraud and the term morphed from meaning a cheap knock-off to a complete fake, or even something that exists only in one's mind and the accepted spelling seems to have changed. People use fugazi instead of fugazy, perhaps out of respect for Bill's two sons, both of whom inherited their fathers legendary temper. I imagine it must suck to have your family name devolve into a term of derision. Their grandfather started the first bank in NY that catered Italian immigrants and came up with the idea to lease pushcarts to fruit and vegetable vendors who lacked the means to purchase them. Bill Fugazy was a grand high poombah in the Knights of Columbus and on the Board of many a charity before he was exposed as a fraud.
Perhaps we should have a word of the day thread.

Anyways, getting back to the subject of the thread, the OP hasn't mentioned putting any of his bankroll aside for taxes, but I'm sure that was just an oversight.
link to original post



To answer you, I pay taxes on every W2, W4 and 1099 I receive.
Marcus Clark. Real Person; AKA MarcusClark66. *Professional Casino Security Expert. *Certified EMT *Certified Company Firearms Instructor. *Certified Gaming Regulations Interpreter for Corporate Applications. *Domestic UrbanTactical Combat Casualty Expert. *Tic-Tac-Toe Expert (Real Competitive Versions) & Mastering Chess. *Honorary & Official #1 Fan of the MDawg Adventures Club. *Mastering Cracking it. Bit-by-Bit, Piece-by-Piece Crediting Forum Members. *Certified Casino Property Entry & Exit Point Analyzer *Baccarat Winning Session Record: 12 out of 12 & 1 out of 1 Mini Session. Baccarat Losing Session Record: 2 Losing Sessions.
OnceDear
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January 17th, 2022 at 4:40:00 AM permalink
Quote: Marcusclark66

Quote: billryan

I'd never heard the military backronym before, although it supposedly dates back to the 1960s. It wasn't in use when I was in.
In the early 80s, Fugazy was usually used to denote a cheap knockoff. Bill Fugazy had a cut-rate car service that pushed living the dream for pennies on the dollar. Eventually, he was exposed as a complete fraud and the term morphed from meaning a cheap knock-off to a complete fake, or even something that exists only in one's mind and the accepted spelling seems to have changed. People use fugazi instead of fugazy, perhaps out of respect for Bill's two sons, both of whom inherited their fathers legendary temper. I imagine it must suck to have your family name devolve into a term of derision. Their grandfather started the first bank in NY that catered Italian immigrants and came up with the idea to lease pushcarts to fruit and vegetable vendors who lacked the means to purchase them. Bill Fugazy was a grand high poombah in the Knights of Columbus and on the Board of many a charity before he was exposed as a fraud.
Perhaps we should have a word of the day thread.

Anyways, getting back to the subject of the thread, the OP hasn't mentioned putting any of his bankroll aside for taxes, but I'm sure that was just an oversight.
link to original post



To answer you, I pay taxes on every W2, W4 and 1099 I receive.
link to original post

So, by implication, you don't (propose to)* declare your taxes honestly and completely?
Good news though. You do have complete contemporaneous notes here, to help you in reporting ALL winnings.
Tsk Tsk.

* I don't know how long you have between taking the winnings and declaring them. Maybe that time has not yet elapsed.
Last edited by: OnceDear on Jan 17, 2022
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
Marcusclark66
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January 17th, 2022 at 5:09:55 AM permalink
Quote: OnceDear

Quote: Marcusclark66

Quote: billryan

I'd never heard the military backronym before, although it supposedly dates back to the 1960s. It wasn't in use when I was in.
In the early 80s, Fugazy was usually used to denote a cheap knockoff. Bill Fugazy had a cut-rate car service that pushed living the dream for pennies on the dollar. Eventually, he was exposed as a complete fraud and the term morphed from meaning a cheap knock-off to a complete fake, or even something that exists only in one's mind and the accepted spelling seems to have changed. People use fugazi instead of fugazy, perhaps out of respect for Bill's two sons, both of whom inherited their fathers legendary temper. I imagine it must suck to have your family name devolve into a term of derision. Their grandfather started the first bank in NY that catered Italian immigrants and came up with the idea to lease pushcarts to fruit and vegetable vendors who lacked the means to purchase them. Bill Fugazy was a grand high poombah in the Knights of Columbus and on the Board of many a charity before he was exposed as a fraud.
Perhaps we should have a word of the day thread.

Anyways, getting back to the subject of the thread, the OP hasn't mentioned putting any of his bankroll aside for taxes, but I'm sure that was just an oversight.
link to original post



To answer you, I pay taxes on every W2, W4 and 1099 I receive.
link to original post

So, by implication, you don't declare your taxes honestly and completely?
Good news though. You do have complete contemporaneous notes here, to help you in reporting ALL winnings.
Tsk Tsk.
link to original post



Oh but I absolutely do, CPA does it all. Yes sir.
Marcus Clark. Real Person; AKA MarcusClark66. *Professional Casino Security Expert. *Certified EMT *Certified Company Firearms Instructor. *Certified Gaming Regulations Interpreter for Corporate Applications. *Domestic UrbanTactical Combat Casualty Expert. *Tic-Tac-Toe Expert (Real Competitive Versions) & Mastering Chess. *Honorary & Official #1 Fan of the MDawg Adventures Club. *Mastering Cracking it. Bit-by-Bit, Piece-by-Piece Crediting Forum Members. *Certified Casino Property Entry & Exit Point Analyzer *Baccarat Winning Session Record: 12 out of 12 & 1 out of 1 Mini Session. Baccarat Losing Session Record: 2 Losing Sessions.
OnceDear
OnceDear
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January 17th, 2022 at 5:12:29 AM permalink
Quote: Marcusclark66


Oh but I absolutely do, CPA does it all. Yes sir.
link to original post


Including winnings you don't get any paperwork for ??
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
Marcusclark66
Marcusclark66
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January 17th, 2022 at 5:31:33 AM permalink
I am honest, loyal and relationship minded.
Marcus Clark. Real Person; AKA MarcusClark66. *Professional Casino Security Expert. *Certified EMT *Certified Company Firearms Instructor. *Certified Gaming Regulations Interpreter for Corporate Applications. *Domestic UrbanTactical Combat Casualty Expert. *Tic-Tac-Toe Expert (Real Competitive Versions) & Mastering Chess. *Honorary & Official #1 Fan of the MDawg Adventures Club. *Mastering Cracking it. Bit-by-Bit, Piece-by-Piece Crediting Forum Members. *Certified Casino Property Entry & Exit Point Analyzer *Baccarat Winning Session Record: 12 out of 12 & 1 out of 1 Mini Session. Baccarat Losing Session Record: 2 Losing Sessions.
Dieter
Administrator
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January 17th, 2022 at 5:45:13 AM permalink
Quote: OnceDear

* I don't know how long you have between taking the winnings and declaring them. Maybe that time has not yet elapsed.
link to original post



It's typically an annual filing requirement.
Many people file sometime between February and April of the following calendar year.
May the cards fall in your favor.
Marcusclark66
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January 17th, 2022 at 6:42:12 AM permalink
Quote: Dieter

Quote: OnceDear

* I don't know how long you have between taking the winnings and declaring them. Maybe that time has not yet elapsed.
link to original post



It's typically an annual filing requirement.
Many people file sometime between February and April of the following calendar year.
link to original post



The cpa has it handled. Thanks for your extreme concern.
Marcus Clark. Real Person; AKA MarcusClark66. *Professional Casino Security Expert. *Certified EMT *Certified Company Firearms Instructor. *Certified Gaming Regulations Interpreter for Corporate Applications. *Domestic UrbanTactical Combat Casualty Expert. *Tic-Tac-Toe Expert (Real Competitive Versions) & Mastering Chess. *Honorary & Official #1 Fan of the MDawg Adventures Club. *Mastering Cracking it. Bit-by-Bit, Piece-by-Piece Crediting Forum Members. *Certified Casino Property Entry & Exit Point Analyzer *Baccarat Winning Session Record: 12 out of 12 & 1 out of 1 Mini Session. Baccarat Losing Session Record: 2 Losing Sessions.
billryan
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January 17th, 2022 at 6:45:13 AM permalink
Quote: Dieter

Quote: OnceDear

* I don't know how long you have between taking the winnings and declaring them. Maybe that time has not yet elapsed.
link to original post



It's typically an annual filing requirement.
Many people file sometime between February and April of the following calendar year.
link to original post



Many of the APs I know file quarterly. An extra $100,000 or so in gambling income every few months tends to wreak havoc on one's tax situation. Putting aside 15% of one's winnings towards their eventual tax bill is prudent.
I assumed part of the reason MC posts his winnings here is to have a paper trail for his tax returns. I've no doubt he pays all his taxes, I'm just curious why he hadn't set it aside from his "bankroll". It seems like a rookie mistake and I would hate for him to blow it all now and then have a huge tax bill.
The difference between fiction and reality is that fiction is supposed to make sense.
Marcusclark66
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January 17th, 2022 at 7:02:28 AM permalink
Absolutely no mistake. Already set aside in my savings accounts that my cpa advised. Seriously I need to know about the building of my 2 bankrolls or the cap on them.

Thanks,
Marcus Clark AKA Marcusclark66
Marcus Clark. Real Person; AKA MarcusClark66. *Professional Casino Security Expert. *Certified EMT *Certified Company Firearms Instructor. *Certified Gaming Regulations Interpreter for Corporate Applications. *Domestic UrbanTactical Combat Casualty Expert. *Tic-Tac-Toe Expert (Real Competitive Versions) & Mastering Chess. *Honorary & Official #1 Fan of the MDawg Adventures Club. *Mastering Cracking it. Bit-by-Bit, Piece-by-Piece Crediting Forum Members. *Certified Casino Property Entry & Exit Point Analyzer *Baccarat Winning Session Record: 12 out of 12 & 1 out of 1 Mini Session. Baccarat Losing Session Record: 2 Losing Sessions.
mwalz9
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January 17th, 2022 at 12:27:31 PM permalink
Quote: Marcusclark66

Quote: billryan

I'd never heard the military backronym before, although it supposedly dates back to the 1960s. It wasn't in use when I was in.
In the early 80s, Fugazy was usually used to denote a cheap knockoff. Bill Fugazy had a cut-rate car service that pushed living the dream for pennies on the dollar. Eventually, he was exposed as a complete fraud and the term morphed from meaning a cheap knock-off to a complete fake, or even something that exists only in one's mind and the accepted spelling seems to have changed. People use fugazi instead of fugazy, perhaps out of respect for Bill's two sons, both of whom inherited their fathers legendary temper. I imagine it must suck to have your family name devolve into a term of derision. Their grandfather started the first bank in NY that catered Italian immigrants and came up with the idea to lease pushcarts to fruit and vegetable vendors who lacked the means to purchase them. Bill Fugazy was a grand high poombah in the Knights of Columbus and on the Board of many a charity before he was exposed as a fraud.
Perhaps we should have a word of the day thread.

Anyways, getting back to the subject of the thread, the OP hasn't mentioned putting any of his bankroll aside for taxes, but I'm sure that was just an oversight.
link to original post



To answer you, I pay taxes on every W2, W4 and 1099 I receive.
link to original post



You pay taxes on your W-4?
MrV
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January 17th, 2022 at 12:59:26 PM permalink
Wow, who knew gambling could be so lucrative?

Until recently I typically lost playing slots and craps, but now that I've read all the valuable info posted at WoV by the vociferous aficionados / "experts" on how to win at baccarat I changed my play to baccarat exclusively and now I always seem to win.

Fact is, the last three times I went to the casino I had to use a wheel barrow to haul out all the cash; not to worry though, I decided not to pay taxes on it so I gave it all away to the myriad homeless roadside beggars.

Hello, charitable deduction!
Last edited by: MrV on Jan 17, 2022
"What, me worry?"
mwalz9
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January 17th, 2022 at 1:14:52 PM permalink
Baccarat is easy! Read thru this forum and you will see the light!

No reason to waste money on any of these other -EV games when Baccarat is there for the taking!

There are also a few dollars to be made on BlackJack if you avoid basic strategy! Split those 10's! Hit those 12's vs 6's! Get that paper!
ChumpChange
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January 17th, 2022 at 1:36:28 PM permalink
If you're winning $50K per quarter, how do you figure out your estimated taxes when the casinos close for another COVID variant for 6 months? You still owe taxes on your projected winnings like they never closed?
Marcusclark66
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January 17th, 2022 at 1:54:26 PM permalink
Quote: mwalz9

Quote: Marcusclark66

Quote: billryan

I'd never heard the military backronym before, although it supposedly dates back to the 1960s. It wasn't in use when I was in.
In the early 80s, Fugazy was usually used to denote a cheap knockoff. Bill Fugazy had a cut-rate car service that pushed living the dream for pennies on the dollar. Eventually, he was exposed as a complete fraud and the term morphed from meaning a cheap knock-off to a complete fake, or even something that exists only in one's mind and the accepted spelling seems to have changed. People use fugazi instead of fugazy, perhaps out of respect for Bill's two sons, both of whom inherited their fathers legendary temper. I imagine it must suck to have your family name devolve into a term of derision. Their grandfather started the first bank in NY that catered Italian immigrants and came up with the idea to lease pushcarts to fruit and vegetable vendors who lacked the means to purchase them. Bill Fugazy was a grand high poombah in the Knights of Columbus and on the Board of many a charity before he was exposed as a fraud.
Perhaps we should have a word of the day thread.

Anyways, getting back to the subject of the thread, the OP hasn't mentioned putting any of his bankroll aside for taxes, but I'm sure that was just an oversight.
link to original post



To answer you, I pay taxes on every W2, W4 and 1099 I receive.
link to original post



You pay taxes on your W-4?
link to original post



I file it with my employer so the correct amount of taxes are withheld.

I file everything I am supposed to, the exact same as you I’m sure.
Marcus Clark. Real Person; AKA MarcusClark66. *Professional Casino Security Expert. *Certified EMT *Certified Company Firearms Instructor. *Certified Gaming Regulations Interpreter for Corporate Applications. *Domestic UrbanTactical Combat Casualty Expert. *Tic-Tac-Toe Expert (Real Competitive Versions) & Mastering Chess. *Honorary & Official #1 Fan of the MDawg Adventures Club. *Mastering Cracking it. Bit-by-Bit, Piece-by-Piece Crediting Forum Members. *Certified Casino Property Entry & Exit Point Analyzer *Baccarat Winning Session Record: 12 out of 12 & 1 out of 1 Mini Session. Baccarat Losing Session Record: 2 Losing Sessions.
DRich
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January 17th, 2022 at 2:38:27 PM permalink
Quote: Marcusclark66

[

I file everything I am supposed to, the exact same as you I’m sure.
link to original post



I would guess that way less than 1% of people claim every dollar of income they get to the IRS.
At my age, a "Life In Prison" sentence is not much of a deterrent.
Marcusclark66
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January 18th, 2022 at 1:17:51 AM permalink
Quote: OnceDear

Quote: Marcusclark66

Quote: billryan

I'd never heard the military backronym before, although it supposedly dates back to the 1960s. It wasn't in use when I was in.
In the early 80s, Fugazy was usually used to denote a cheap knockoff. Bill Fugazy had a cut-rate car service that pushed living the dream for pennies on the dollar. Eventually, he was exposed as a complete fraud and the term morphed from meaning a cheap knock-off to a complete fake, or even something that exists only in one's mind and the accepted spelling seems to have changed. People use fugazi instead of fugazy, perhaps out of respect for Bill's two sons, both of whom inherited their fathers legendary temper. I imagine it must suck to have your family name devolve into a term of derision. Their grandfather started the first bank in NY that catered Italian immigrants and came up with the idea to lease pushcarts to fruit and vegetable vendors who lacked the means to purchase them. Bill Fugazy was a grand high poombah in the Knights of Columbus and on the Board of many a charity before he was exposed as a fraud.
Perhaps we should have a word of the day thread.

Anyways, getting back to the subject of the thread, the OP hasn't mentioned putting any of his bankroll aside for taxes, but I'm sure that was just an oversight.
link to original post



To answer you, I pay taxes on every W2, W4 and 1099 I receive.
link to original post

So, by implication, you don't (propose to)* declare your taxes honestly and completely?
Good news though. You do have complete contemporaneous notes here, to help you in reporting ALL winnings.
Tsk Tsk.

* I don't know how long you have between taking the winnings and declaring them. Maybe that time has not yet elapsed.
link to original post



And maybe you are not aware of, or possibly did not think of how a business has to have working capital, inventory and other ‘assets to operate. Declaring a win or let’s assume a win and taking it all for a salary or profit and using it is one thing but not taking a profit or a salary and merely having access to it as inventory is quite another.

Oh, I went to the bank and borrowed $300,000.00 and put it into my bank account for working capital purposes. Hey I have to pay taxes on that next year, oh lord. Lol!

I follow the advice of a CPA tax attorney that charges $350.00 an hour. She has a bit greater (seriously just a tad bit) knowledge than Internet forum members disgusted by putting mustard on a Coney hotdog because of tradition from one of the great states of the original 13 colonies.

Hey, I had to vent a little after breaking up a fight between a couple of seemingly gay guys because one of them was flirting with an absolutely beautiful female at the roulette table.

Huge hugs and remember to slather that mustard!
Marcus Clark
Last edited by: Marcusclark66 on Jan 18, 2022
Marcus Clark. Real Person; AKA MarcusClark66. *Professional Casino Security Expert. *Certified EMT *Certified Company Firearms Instructor. *Certified Gaming Regulations Interpreter for Corporate Applications. *Domestic UrbanTactical Combat Casualty Expert. *Tic-Tac-Toe Expert (Real Competitive Versions) & Mastering Chess. *Honorary & Official #1 Fan of the MDawg Adventures Club. *Mastering Cracking it. Bit-by-Bit, Piece-by-Piece Crediting Forum Members. *Certified Casino Property Entry & Exit Point Analyzer *Baccarat Winning Session Record: 12 out of 12 & 1 out of 1 Mini Session. Baccarat Losing Session Record: 2 Losing Sessions.
billryan
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January 18th, 2022 at 7:16:25 AM permalink
It seems like MC accidentally stumbled on a true path to wealth but doesn't recognize it. Hopefully, mdawg will illuminate it for him. He is 100% right- you don't pay taxes on borrowed money. It may be the greatest AP in history.
The difference between fiction and reality is that fiction is supposed to make sense.
Marcusclark66
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January 18th, 2022 at 3:45:17 PM permalink
What are the downsides to building a larger bankroll of $113,500.00 for my baccarat bankroll?

What are the downsides to building a larger bankroll of $45,000.00 for my blackjack bankroll?
Marcus Clark. Real Person; AKA MarcusClark66. *Professional Casino Security Expert. *Certified EMT *Certified Company Firearms Instructor. *Certified Gaming Regulations Interpreter for Corporate Applications. *Domestic UrbanTactical Combat Casualty Expert. *Tic-Tac-Toe Expert (Real Competitive Versions) & Mastering Chess. *Honorary & Official #1 Fan of the MDawg Adventures Club. *Mastering Cracking it. Bit-by-Bit, Piece-by-Piece Crediting Forum Members. *Certified Casino Property Entry & Exit Point Analyzer *Baccarat Winning Session Record: 12 out of 12 & 1 out of 1 Mini Session. Baccarat Losing Session Record: 2 Losing Sessions.
ChumpChange
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January 18th, 2022 at 3:52:57 PM permalink
Losing.
MrV
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January 18th, 2022 at 4:03:50 PM permalink
Quote: Marcusclark66

Oh, I went to the bank and borrowed $300,000.00 and put it into my bank account for working capital purposes.



Good plan.

Mortgage your house for $300K and use it for baccarat.

You're a good disciple.
"What, me worry?"
Marcusclark66
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January 18th, 2022 at 4:31:15 PM permalink
Quote: MrV

Quote: Marcusclark66

Oh, I went to the bank and borrowed $300,000.00 and put it into my bank account for working capital purposes.



Good plan.

Mortgage your house for $300K and use it for baccarat.

You're a good disciple.
link to original post



I was being totally sarcastic.
Marcus Clark. Real Person; AKA MarcusClark66. *Professional Casino Security Expert. *Certified EMT *Certified Company Firearms Instructor. *Certified Gaming Regulations Interpreter for Corporate Applications. *Domestic UrbanTactical Combat Casualty Expert. *Tic-Tac-Toe Expert (Real Competitive Versions) & Mastering Chess. *Honorary & Official #1 Fan of the MDawg Adventures Club. *Mastering Cracking it. Bit-by-Bit, Piece-by-Piece Crediting Forum Members. *Certified Casino Property Entry & Exit Point Analyzer *Baccarat Winning Session Record: 12 out of 12 & 1 out of 1 Mini Session. Baccarat Losing Session Record: 2 Losing Sessions.
OnceDear
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January 18th, 2022 at 4:43:03 PM permalink
Quote: Marcusclark66

Quote: MrV

Quote: Marcusclark66

Oh, I went to the bank and borrowed $300,000.00 and put it into my bank account for working capital purposes.



Good plan.

Mortgage your house for $300K and use it for baccarat.

You're a good disciple.
link to original post



I was being totally sarcastic.
link to original post

I saw that. I think you both were.
Oh, and Marcus. I am familiar with businesses retaining working capital. My own does.
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
MrV
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January 18th, 2022 at 4:43:33 PM permalink
Quote: Marcusclark66

I was being totally sarcastic.



Whew.

For a moment there I thought that you, too, were developing illusions of invincibility / grandeur.

Better to keep nibbling at the cheese than to portray yourself as a big cheese.
"What, me worry?"
OnceDear
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January 18th, 2022 at 4:56:39 PM permalink
Quote: Marcusclark66

Just thought I would put it out there.

Most of all, should I concentrate on building larger bankrolls for baccarat and blackjack, or should I remove $13,500.00 from the baccarat bankroll and maintain it at $100,000.00 or what?

Currently my baccarat bankroll is $113,500.00.

Currently my blackjack bankroll is $45,000.00.

Thanks,
Marcus Clark AKA Marcusclark66
link to original post

I'll answer seriously, but sort of with a question or two thrown in....
when you say build a bankroll, do you mean, by adding more winnings to it ( growth) or by adding external funds to it?

It sort of depends what eventual wealth you aspire to.
Since you grew a tiny bankroll <£1k if I recall into this $150k or so, you COULD aspire to continue to grow it exponentially and be a multi millionaire this year.
Or you could just keep creaming surplus 10k or so a week off the top to maintain your capital.
Or you could have a blast extracting >100k from it to set yourself up with some nice possessions. Pay off some loans/mortgages? buy two nice cars etc. Then with the residual few tens of k, just grow it again to another couple of hundred k.

Maybe research and apply kelly criteria. Estimate your current player advantage* and bet full kelly for maximal, safe, bankroll growth.
Of course, if you figure you don't have an advantage and have just been lucky, stash the cash and just leave a pocket money recreational bankroll.
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
ChumpChange
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January 18th, 2022 at 5:09:02 PM permalink
If I could buy a new car from winning 10 hands of Blackjack, that's a value to me.
My car battery is dead underneath a foot of snow so I've got to do something in the next 24 hours.
OnceDear
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January 18th, 2022 at 5:12:21 PM permalink
Quote: ChumpChange

If I could buy a new car from winning 10 hands of Blackjack, that's a value to me.
link to original post

I did replace my car with the proceeds of my first blackjack session in Jan 2014. Not a new car, though. I would hate to buy a new one.
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
mwalz9
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January 18th, 2022 at 8:37:34 PM permalink
Im lucky if I can buy a matchbox car after my gambling sessions, but I play for real.
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