Warped Roulette, Card Counting or any other Advantage Play...is it fair?
That is probably true. There is this "vague cloud-like illusion" known as "Counting". Those who focus on counting cards at Blackjack probably don't do it too well anyway. A few of them may really study the issue and work at it and even some of those will still be welcome in the casino because they will wind up in the minus column much of the time. The truly greedy will be backed off somewhere.Quote: buzzpaffCasinos are not as dumb as advertised. They will always leave the door open for some Advantage Play,to encourage those who think they are. It's all about the bottom line. Without winners, you can not appeal to losers.
It was the same way with ski resorts that notices some people never bought any lift tickets at all, they just had really cheap vacations. It was the same back in the sixties when every advertisement in Vegas with the word "special" or "free" had the requirement for "out of state identification".
Its like a bar that never charges young ladies for their drinks. The bar owner knows how profitable her presence is. Same thing with a free pool table. Smart bar owners rip out the coin box and throw it away. They focus on dollars not quarters.
Does this lead to some occasional misalignments that can be greedily seized upon by a few smart operators? Sure. The casinos are not always run by idiots. They notice what is going on and they keep alert to their bottom line. They know some BJ counter is at their tables, but they also know his wife at their 12 percent slot machine. Just because the counter is real sharp doesn't mean they are not very sharp too.
Quote: FleaStiffSame thing with a free pool table. Smart bar owners rip out the coin box and throw it away. They focus on dollars not quarters.
Boy do I disagree with this. As somebody who had a bar
and a pool table, I would never in a hundred years have
ripped out the coin box. After the table is paid for, which
is basically after the first month, all the money it makes
is pure profit. Between the pool table, juke box, cig machine,
the PacMan and Invaders machines, they paid for the
mortgage two times over every month. As I said, owning
a bar is a license to steal.
(and it was 4 quarters to play pool, even in 1979)
Quote: EvenBobBoy do I disagree with this. As somebody who had a bar
and a pool table, I would never in a hundred years have
ripped out the coin box. After the table is paid for, which
is basically after the first month, all the money it makes
is pure profit. Between the pool table, juke box, cig machine,
the PacMan and Invaders machines, they paid for the
mortgage two times over every month. As I said, owning
a bar is a license to steal.
(and it was 4 quarters to play pool, even in 1979)
We'd have been in bigger trouble than that! The amusement company owned the pool table, the cues, the jukebox, the dartboards, the naughty touch machine, the ski puck game...etc. We got half of everything those machines did and they were the ones to service them at no cost if anything went wrong. Our pool tables were only $0.50, though, 2002-2003, some of them still are around here. I would say over half are $1.00, but there are still enough $0.50 ones that I'd roll my eyes at a dollar pool table.
Quote: Mission146We'd have been in bigger trouble than that! The amusement company owned the pool table, the cues, the jukebox,
The service co owned the jukebox, thats it. I had
the pool tabled re-felted by a co that did that, every
2 weeks. Whats the point of giving half the profits
to a service co that does almost nothing for the money.
We're talking a couple thousand a month, which in
1980 was a ton of money. I charged a dollar for the
pool table to discourage casual play. There were way
too many games played for money and those guys
didn't like waiting around for two drunks to get done
playing 25 cent pool.
Quote: buzzpaffIf you had to refelt them every 2 weeks, you sure had some piss poor drunks attempting to play pool.
People were always setting their glasses on the
edge of the table and somebody would knock them
over. Drunk had nothing to do with it. Real pool
players love clean felt and it was worth the expense
to get it changed twice a month and have the rubber
checked. Half a dozen players brought in their
own cues.
Quote: EvenBobThe service co owned the jukebox, thats it. I had
the pool tabled re-felted by a co that did that, every
2 weeks. Whats the point of giving half the profits
to a service co that does almost nothing for the money.
We're talking a couple thousand a month, which in
1980 was a ton of money. I charged a dollar for the
pool table to discourage casual play. There were way
too many games played for money and those guys
didn't like waiting around for two drunks to get done
playing 25 cent pool.
It definitely made sense for your bar. In our case, we had mostly old-timer regulars, so it was not unusual for the pool table to go unused for an entire day. If we had bought our own and upped the price to $1.00, it'd probably be a year just until we broke even on it, assuming nothing went wrong. The jukebox and the dirty touch machine made the most money, the ski-puck game did almost nothing, and the dartboards did OK...
Quote: Mission146It definitely made sense for your bar. In our case, we had mostly old-timer regulars, so it was not unusual for the pool table to go unused for an entire day. If we had bought our own and upped the price to $1.00, it'd probably be a year just until we broke even on it, assuming nothing went wrong. The jukebox and the dirty touch machine made the most money, the ski-puck game did almost nothing, and the dartboards did OK...
Out pool table was busy from noon on. We had street
hustlers that played for money and drinks. The biggest
money makers were PacMan and Space Invaders. Guys
would buy rolls of quarters and sit there till they were
all gone. This was '79, '80, '81, this stuff was brand new
and it was really popular. Cigs cost me $6 a carton and
I charged $1.25 a pack in the machine, cha ching...
Its a great business if you can take dealing with drunks
all the time, and becoming one yourself. Goes with the
territory. I got drinks bought for me all the time and
wholesale prices on the best booze. Sigh.
Almost have to drink to deal with drunks :-)
79, 80, 81 were good years to some!! Me included.
Quote: bigpete88Bob,
Almost have to drink to deal with drunks :-)
79, 80, 81 were good years to some!! Me included.
Bar's never have bad years. This was right in the
middle of Carter's recession. Men drink when
their working and when they're not, makes no
difference. I haven't been a bar since I got out of
the biz in '83 and I got no plans.
1. "Gaming the Game" Sean Griffin....about sports betting groups...one of the best books I have read, ever!
3. "Telling Lies and Getting Paid" Michael Konik
4. "Caesars Palace Sports Book Betting" Bert Sugar
5. "Enemy Number One: The Secrets of the Most Feared Professional Punter" Patrick Veitch..horse bettor in England that made millions. book hard to find here. Uses slang from England so hard to read but interesting especially for horse bettors
6. "The Odds: One Season, Three Gamblers and the Death of Their Las Vegas" Chad Millman
7. "Lay the Favorite" Beth Raymer...runner for a sports bettor. Beth really knows how to tell a story!!!!
8. "The Smart Money" Michael Konik.....Konik was a runner for Billy Walters betting Group
Heck, this was at an Irish bar in Los Angeles that had alot of young Irish lads coming over as tourists and over staying their visas because things were a bit too "hot" for them at the time in Northern Ireland. Between the American versus Irish rules, the naked revelers fast asleep on the pool table when the janitor came in and a few other events that took place, I'd sure hate to be the one who tried to collect those four lousy quarters. I don't think they re-felted the table though ... eventually they just retired it. Far more Guiness was sold than the lousy coin box would have provided.Quote: EvenBobBoy do I disagree with this.
That would be a church I would join and I am not even Christian. I am AP...ha ha ha.
These holy men and women knew that those Casinos are evil and bad unless you are an AP :-) They made millions!!!!
http://www.thepennyhoarder.com/roulette-odds-strategy-one-man-won-80000/
