Bankroll = HolyGrail?

with unlimited bankroll followed by unlimited time followed by no heat your bankroll will grow anywhere from 0.5 to 2% increase?
even the atlantic city 8 deckers h17 no surrender rules with a powerful spread should still yield that 1% increase of cash flow your way?

so my question is bankroll is the Holy Grail in gambling with blackjack being the main game?

i read how peoeple lost thousands and thousands of cold hard cash with that full pay deuces wild kinda makes you think they were better off w/ a simple JoB 9/6

If one had an unlimited bankroll, what would they gain by gambling?

i guess i should have put a bankroll of "9999999999999999" not sure how many 9s there are but you get the idea someone whos wealthy enough to play any condition and any rules and still squeeze that 0.5% edge out let it take a 1 year or 10 years

Wealthy people by and large do not gamble. They're far too intelligent, and they are driven by the rewards of hard work. Gambling is a lazy man's game.

Having a near-unlimited bankroll is near-unlimited theory.

Quote: horse

Wealthy people by and large do not gamble. They're far too intelligent, and they are driven by the rewards of hard work.

totally and completely FALSE statement

Quote: horse

Wealthy people by and large do not gamble. They're far too intelligent, and they are driven by the rewards of hard work. Gambling is a lazy man's game.

Having a near-unlimited bankroll is near-unlimited theory.

Yea they dont gamble alright. These wealthy people instead put all their money in the biggest casino in the world instead, the STOCK MARKET LOL. Unless theyre investing in a low cost booming sector index fund, then they are very much gambling.

Your posts here since you joined seem to come off like you lost your shirt 'gambling' recently. How much have you lost gambuhling?

Quote: lilredrooster

totally and completely FALSE statement

Please post a list of wealthy people who gamble in casinos. Then compare it to how many wealthy people there are. I'm talking true wealthy people, not a listing of well-off gamblers that other gamblers look up to as "wealthy" because they've never had to sleep in their cars.

Now make a list of lower-rung people who gamble (and very likely drink too much and smoke). What's that, there's not enough room here to do that?

You get my point.

Quote: horse

Please post a list of wealthy people who gamble in casinos.

By most estimations, there are at least several hundred whales in the world -- people wagering hundreds of thousands of dollars on one hand. And countless thousands upon thousands of high rollers. I see them every time I go to Vegas. So, there's a buttload of very wealthy people gambling in casinos all the time.

Quote:

Now make a list of lower-rung people who gamble (and very likely drink too much and smoke). What's that, there's not enough room here to do that?

There are exponentially more poor and middle class people in the world than wealthy people, therefore there will be exponentially more of them gambling.

Quote: horse

Wealthy people by and large do not gamble. They're far too intelligent, and they are driven by the rewards of hard work. Gambling is a lazy man's game.

Having a near-unlimited bankroll is near-unlimited theory.

I know more than one person with high 7-8 figure net worth who will gamble somewhat regularly.

But I think any non-ap who's playing in the casino every single day is probably an addict on some level.

I agree with horse on this one.

By and large or "in general", wealthy people don't gamble -- as in, they don't regularly gamble (2+ times a year) or if they do gamble more often, don't play for large stakes - I heard Bill Gates enjoys playing $5 blackjack or something like that....I wouldn't consider that gambling (for him), since the intent of the statement, "wealthy people don't gamble" is that they don't frivolously throw their money away at the casinos.


Or as someone once said, "You don't get rich by throwing money away", probably.

I think it may depend on how you categorize "wealthy." To me, a person making $80,000-$100,000 a year and up is wealthy, and I know there are a ton of those people in casinos. Maybe horse is talking about multi-millionaire lawyer and CEO type wealth, so in that case there is probably a lower per capita of that demographic in casinos.

http://www.politifact.com/florida/statements/2011/nov/18/john-stemberger/largest-numbers-gamblers-come-poor/

"If you define gambling fairly broadly — placing a bet on a game of chance at least once in a lifetime, or once in the past year, or even once in the past month — then members of the poorest segment of the population are, in general, less likely to gamble than members of the middle segments. By any reasonable definition, the largest numbers of gamblers are clearly not poor," he wrote in an e-mail to PolitiFact. "The richest Americans, the 10 percent or so with incomes greater than $100,000/year, are actually the most likely to spend money gambling -- as they are to spend money on everything else, since they have far more money to spend. But since this group of well-off people is relatively small, only 10 percent of the population, the number of gamblers from the middle income segments ($25,000 - $100,000) is much larger."

Again, very few people other than gamblers it appears, would consider an income of $100,000 as being in the well-off category.

Quote: horse

Again, very few people other than gamblers it appears, would consider an income of $100,000 as being in the well-off category.

Well, $100,000 income in 2016 was in the 73rd percentile for American households, so if that's not "well-off" it's still pretty good money. It's still well above both the median and average household incomes in this country. That's a lot of money to a lot of people, not just gamblers.

For individuals, $100k salary is in the 88th percentile. That's gotta be "well-off" in almost anybody's book, unless you live in a very HCOL area.

source
source 2

Quote: horse

Again, very few people other than gamblers it appears, would consider an income of $100,000 as being in the well-off category.

Location, location,location.
Make a hundred grand in most of NYC and you can easily struggle.
Make it flyover territory and you are much better off.