AlanMendelson
AlanMendelson
Joined: Oct 5, 2011
  • Threads: 85
  • Posts: 3126
October 14th, 2011 at 7:24:20 AM permalink
I got an email overnight asking if I knew anything about a $3-million craps win that just happened at Caesars. I don't. Anybody hear about this?
Keyser
Keyser
Joined: Apr 16, 2010
  • Threads: 31
  • Posts: 1544
October 14th, 2011 at 10:18:38 AM permalink
If such a win happened, then Caesar's will dispute the win in an effort to delay paying out. That's how they operate over there. They don't like to part with the money.
Johnzimbo
Johnzimbo
Joined: Sep 29, 2010
  • Threads: 4
  • Posts: 575
October 14th, 2011 at 10:53:44 AM permalink
It was a dice setter!

Just kidding
FleaStiff
FleaStiff
Joined: Oct 19, 2009
  • Threads: 215
  • Posts: 11297
October 14th, 2011 at 11:12:27 AM permalink
Spurious.
Otherwise it would be all over Twitter and various other sites.
Keyser
Keyser
Joined: Apr 16, 2010
  • Threads: 31
  • Posts: 1544
October 14th, 2011 at 11:20:33 AM permalink
No it wouldn't.

Here's why... (Keep in mind this is IF such a win happened.)

If someone were to have won that much money, and if Caesars decided to delay paying out by disputing the win, then the casino won't be talking about the win, and the players will have likely been instructed by their attorney to keep their mouths shut so that they don't piss off gaming officials.

It's my guess that Alan received a very discrete tip from one of the angry frustrated players since he's a former LA reporter.
AlanMendelson
AlanMendelson
Joined: Oct 5, 2011
  • Threads: 85
  • Posts: 3126
October 14th, 2011 at 11:45:16 AM permalink
I don't know who the person was who sent me the query. It was just a question: Did someone just win $3-million playing craps at Caesars?

I asked the execs I know and they will not comment. One said "wins and losses like this happen all the time" and I don't believe that for one minute. I've never seen that kind of money won or lost at the craps tables at Caesars.

The max single bet at Caesars is $50,000 for a place, pass or come bet so its not like someone bet $3 and pulled a lever on megabucks.

edited to add:

Just as a side note: about a year ago, three convention-goers were at Caesars playing at a fifteen dollar table. just them one afternoon. one of the guys held the dice for nearly TWO hours. And the only bets the three of them were betting was the pass line and a couple of numbers and never pressed-- so I was told.

Their combined win was minimal considering the length of the hand. I only wish I had been there.
CRMousseau
CRMousseau
Joined: Oct 19, 2009
  • Threads: 2
  • Posts: 117
October 14th, 2011 at 11:51:08 AM permalink
A local player in Calgary won a little over $20k with a $200 max bet (and only 2x odds at the time). If someone is playing max bet, a 60 unit win (3000k / 50k) is far from unreasonable to imagine.
Keyser
Keyser
Joined: Apr 16, 2010
  • Threads: 31
  • Posts: 1544
October 14th, 2011 at 1:11:49 PM permalink
Even that's not that big of a win in LV.
Whiggi
Whiggi
Joined: Jul 6, 2010
  • Threads: 4
  • Posts: 13
December 22nd, 2011 at 12:07:14 AM permalink
What is the 3million win... is it from 1 bet? or from a session, which could have gone for a few hours.

I am not familiar with the max bets at caesers but if you can place max 50k on each number.....
roll a point of 4 with max on the line, take max odds (could you do 50k on the line, with 3x odds of another 150k?)
40k buy the 10
45k the 5 and 9
48k the 6 and 8
And then go on to have a good roll, a couple of 10s in there with a bunch of inside numbers, followed by rolling a 4 and getting paid even more.

depending on someones intial buy-in and regular betting patterns does a 3mil win really sound that unrealistic?
TIMSPEED
TIMSPEED
Joined: Aug 11, 2010
  • Threads: 89
  • Posts: 1246
December 22nd, 2011 at 11:46:42 AM permalink
I would imagine Ceaser's would let it go higher than $50k..hell, my local $2 crap game lets you go up to $1k on the passline with 3/4/5 odds...
Gambling calls to me...like this ~> http://www.youtube.com/watch?v=4Nap37mNSmQ

  • Jump to: