The Player: Secrets of a Vegas Whale on Netflix
Quote: HotBlondePretty simple stuff but I didn't understand the 20% discount part.
He negotiated a loss rebate.
Hardly an authoritative site, but it has a handy excerpt: http://boingboing.net/2012/03/30/how-a-high-roller-took-million.html
(Edit: Slightly more specific question-- at least in terms of BJ, how would a loss rebate affect the edge? A straight reduction of the edge by the percentage of the rebate doesn't seem right.)
It seems like simple stuff because if you don't understand that part then you really don't understand at all. All the other stuff is mostly meaningless. The 20% is really the only key to everything he was able to do.Quote: HotBlonde. Pretty simple stuff but I didn't understand the 20% discount part.
How was he able to negotiate that? Can anybody do that? It's funny cause in the video he says his "secrets" and all they are are typical liberal double deck rules.Quote: AxelWolfIt seems like simple stuff because if you don't understand that part then you really don't understand at all. All the other stuff is mostly meaningless. The 20% is really the only key to everything he was able to do.
Quote: VenthusHe negotiated a loss rebate.
Hardly an authoritative site, but it has a handy excerpt: http://boingboing.net/2012/03/30/how-a-high-roller-took-million.html
(Edit: Slightly more specific question-- at least in terms of BJ, how would a loss rebate affect the edge? A straight reduction of the edge by the percentage of the rebate doesn't seem right.)
There was a long thread about this. Eliot wrote a good paper about it -- I think it's available on his site somewhere. It assumes normal distribution or results but that is probably close enough for blackjack. It also assumes that you can play arbitrarily long (DJs discounts were daily, so he had a limited amount of time in which he had to quit) so Eliot's numbers are probably a slight over-estimate, but that's not going to make a huge difference.
In short, it's a non-trivial problem to solve.
Quote: AxelWolfEstablish yourself as a sucker and have a nice line of credit. Its harder to get any deals like this nowadays but it is possible.
You don't really need to establish yourself as a sucker. Loss rebates are pretty typical. They are downright easy to get on machines (though not 20%; that is ridiculous)
I think front money is generally preferred to credit.
I was talking about someone trying to AP, I assumed we were talking 20%. Whales often have lines of credit. If you can get a line of credit and negotiate the same deal your better off whit the line of credit. This way, if the casino tries to renege or pull any stunts you have the upper hand.Quote: AxiomOfChoiceYou don't really need to establish yourself as a sucker. Loss rebates are pretty typical. They are downright easy to get on machines (though not 20%; that is ridiculous)
I think front money is generally preferred to credit.
Quote: AxelWolfI was talking about someone trying to AP, I assumed we were talking 20%. Whales often have lines of credit. If you can get a line of credit and negotiate the same deal your better off whit the line of credit. This way, if the casino tries to renege or pull any stunts you have the upper hand.
There's a casino that refused to pay me over $13,000 that they owed me because the casino's owner reneged on an agreement which we had. Don't make a verbal agreement with any casino representative unless it's witnessed.
that's why phones have a video recorder.and a line of ctedit could come into play.Quote: HughJassThere's a casino that refused to pay me over $13,000 that they owed me because the casino's owner reneged on an agreement which we had. Don't make a verbal agreement with any casino representative unless it's witnessed.
Quote: HotBlondeHas anybody seen this? It's about Don Johnson, who's been mentioned here in the forum before. He gives his "secrets" for how he turns the house edge upside down without counting cards. Pretty simple stuff but I didn't understand the 20% discount part. Plus he said they give him $50,000 in free money to gamble with up front? I want to watch it again.
He counts cards. In one of the vids I've seen, he was confronted with that and did not deny it. From some other trusted sources I heard he indeed confirmed that he counted cards. However, the only "move" he made was wonging out when the count was sufficiently low and let other people finish the negative shoe.
He says he doesn't count cards to the casino because he knows they can't catch him anyway. If all you do is wong out, and you never raise bets on high counts nor make index plays, you are extremely hard to catch.
I don't know at what count he wongs out but wonging out at -2.0 and below already breaks even a bad rule game (he played a very good rule game). He may already have the edge there without the loss rebates.
Also what kind of person makes a screen name of "HotBlonde" on a predominately male forum, while showing little knowledge about the main subject, gambling (I based that on you didn't even understand a loss rebate). Desperate for attention or? No offense.
Quote: NeutrinoAlso what kind of person makes a screen name of "HotBlonde" on a predominately male forum, while showing little knowledge about the main subject, gambling (I based that on you didn't even understand a loss rebate). Desperate for attention or? No offense.
That's funny. You've claimed to be an AP but have shown little knowledge about advantage play. Like that time you criticized the Wizard a while back.
Hurray B9 is back! ♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥Quote: Beethoven9thQuote: NeutrinoAlso what kind of person makes a screen name of "HotBlonde" on a predominately male forum, while showing little knowledge about the main subject, gambling (I based that on you didn't even understand a loss rebate). Desperate for attention or? No offense.
That's funny. You've claimed to be an AP but have shown little knowledge about advantage play. Like that time you criticized the Wizard a while back.
And already taking care of the BS.
He's almost as good at it as you are! :-)Quote: AxelWolfHurray B9 is back! ♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥Quote: Beethoven9thQuote: NeutrinoAlso what kind of person makes a screen name of "HotBlonde" on a predominately male forum, while showing little knowledge about the main subject, gambling (I based that on you didn't even understand a loss rebate). Desperate for attention or? No offense.
That's funny. You've claimed to be an AP but have shown little knowledge about advantage play. Like that time you criticized the Wizard a while back.
And already taking care of the BS.
Welcome back, B9!!!
there are numerous times ive had odds shaved in my favor betting at this level
and I still get loss rebates
Quote: NeutrinoHe counts cards. In one of the vids I've seen, he was confronted with that and did not deny it. From some other trusted sources I heard he indeed confirmed that he counted cards. However, the only "move" he made was wonging out when the count was sufficiently low and let other people finish the negative shoe.
He says he doesn't count cards to the casino because he knows they can't catch him anyway. If all you do is wong out, and you never raise bets on high counts nor make index plays, you are extremely hard to catch.
I don't know at what count he wongs out but wonging out at -2.0 and below already breaks even a bad rule game (he played a very good rule game). He may already have the edge there without the loss rebates.
Also what kind of person makes a screen name of "HotBlonde" on a predominately male forum, while showing little knowledge about the main subject, gambling (I based that on you didn't even understand a loss rebate). Desperate for attention or? No offense.
We also have a juiciejennie, as you probably know, and a EuropeanHottie who is or was friends with HotBlonde. None of them seem overly interested in actual gambling as far as I can see. Go ahead and google EuropeanHottie and see what you get.
I have no clue who EuropeanHottie is. I don't think she has posted since I joined the forum, although I've seen other posts referencing her. I gather that she used to be friends with HB and now they are no longer friends because of some drama or something.
As for the actual topic of this thread, a 20% daily loss rebate on $500k+ losses with the ability to make 6-figure bets is ridiculously powerful. Saying that he also counted cards is like saying that someone also found a dollar bill on the ground while he was on his way to cash in his 100-million-dollar winning lottery ticket.
Quote: VenthusA daily accounting feels far too exploitable to be the norm.
Yeah, exactly.
Quote: NeutrinoAlso what kind of person makes a screen name of "HotBlonde" on a predominately male forum, while showing little knowledge about the main subject, gambling (I based that on you didn't even understand a loss rebate). Desperate for attention or? No offense.
The main subject is Vegas, I thought... and well, people are allowed to ask questions you know....
Quote: 1BBWe also have a juiciejennie, as you probably know, and a EuropeanHottie who is or was friends with HotBlonde. None of them seem overly interested in actual gambling as far as I can see. Go ahead and google EuropeanHottie and see what you get.
Quote: onenickelmiraclePornography and escort ads. Which was her?
None of them are her as far as I know. I know she's Russian. The point is that if you had that screen name and this stuff came up on Google, wouldn't you change your name?
